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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The price ofBitcoin (BTC)has solidified its position above the crucial support level of $66,000, leading some crypto traders to express confidence and optimism about BTC. Some even cast doubt on an imminent deep correction, proclaiming that a local bottom has already been formed. BTC is currently trading at $67,188, gaining 10.2% over the past 7 days and 4.73% over the past 30 days.\nPseudonymous trader, Rekt Capital,observedthat BTC has already experienced a deep and prolonged correction, and the market is likely approaching its bottom. According to CoinMarketCap data, Bitcoin\'s price dropped by 15% from $66,421 on April 24 to $56,792 on May 2. However, just four days after the dip, Bitcoin\'s price rebounded above the critical support level at $65,146. This pattern is seen as common during bull runs, where sudden and sharp corrections are followed by quick recoveries.\nCrypto trader Magsreferredto the "Psychology of a Market Cycle," a popular market graphic known as the Wall Street Cheat Sheet, to suggest that Bitcoin is entering the "belief" phase of the cycle. This phase is characterized by investors gaining more confidence in market gains.\nAnalysts and observers are closely monitoring Bitcoin\'s price for signs of further correction, particularly following the Bitcoin halving event on April 20. Historical halving events serve as a precedent for such analysis. After the Bitcoin halving in May 2020, the price surged from $9,383 to $58,958 by May 2021. However, a month later, it experienced a 40% correction, dropping to $35,484 in June.', 'The price ofBitcoin (BTC)has solidified its position above the crucial support level of $66,000, leading some crypto traders to express confidence and optimism about BTC. Some even cast doubt on an imminent deep correction, proclaiming that a local bottom has already been formed. BTC is currently trading at $67,188, gaining 10.2% over the past 7 days and 4.73% over the past 30 days.\nPseudonymous trader, Rekt Capital,observedthat BTC has already experienced a deep and prolonged correction, and the market is likely approaching its bottom. According to CoinMarketCap data, Bitcoin\'s price dropped by 15% from $66,421 on April 24 to $56,792 on May 2. However, just four days after the dip, Bitcoin\'s price rebounded above the critical support level at $65,146. This pattern is seen as common during bull runs, where sudden and sharp corrections are followed by quick recoveries.\nCrypto trader Magsreferredto the "Psychology of a Market Cycle," a popular market graphic known as the Wall Street Cheat Sheet, to suggest that Bitcoin is entering the "belief" phase of the cycle. This phase is characterized by investors gaining more confidence in market gains.\nAnalysts and observers are closely monitoring Bitcoin\'s price for signs of further correction, particularly following the Bitcoin halving event on April 20. Historical halving events serve as a precedent for such analysis. After the Bitcoin halving in May 2020, the price surged from $9,383 to $58,958 by May 2021. However, a month later, it experienced a 40% correction, dropping to $35,484 in June.', '• 10x Research suggests selling out-of-the-money (OTM) call and put options tied to bitcoin while holding the cryptocurrency in the spot market.\n• The so-called covered strangle strategy will generate a 17% yield, in addition to the upside from the spot market holding\nBitcoin {{BTC}} investors looking to generate extra income in addition to their spot market holdings should consider setting a "covered strangle" options strategy, research firm 10X, which has animpeccable recordof predicting market trends, said Monday.\nThe \'covered strangle\' strategy involves holding the underlying asset in the spot market and simultaneously selling an out-of-the-money (OTM) call option at levels (known as strikes in options parlance) above the underlying asset\'s going market rate and selling an OTM put at strikes below the underlying\'s spot market price.\nThe premium received for selling/shorting the call option, or protecting the counterparty from price rallies, and selling the put or insurance against downtrends, represents the extra yield.\n10x suggests selling a $100,000 strike call, which is 50% above BTC\'s current market price, and a $50,000 strike put, both expiring in December 2024, while holding the cryptocurrency in the spot market.\n"Our favorite strategy is to buy bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry. Selling the call could yield 11%, and selling the put could yield 6%," Markus Thielen, founder of 10x Research, said in Monday\'s client note, detailing the suggestion.\n"Hence, this strategy provides us with either a 17% downside buffer or 17% more yield, depending on where BTC closes in December, plus we would capture all the upside (or downside) for bitcoin," Thielen added.\nThe strategy is preferred when the market outlook is bullish, but the uptrend is expected to unfold slowly, keeping implied volatility or investors\' expectations for price turbulence low. In such conditions, options, particularly OTM call and put options, bleed value faster as expiry nears, making money for sellers.\nThe strategy, though appealing, is now without risks and requires a high tolerance for risk. That\'s because the risk is leveraged below the level at which the put option is sold, in this case, $50,000.\n"Below the lower strike price, both the long stock and short put incur losses, and, as a result, percentage losses are twice what they would be for a covered call position [buy spot = sell OTM call] alone," Fidelity said in a \'covered strangle"explainer.\nIn other words, 10x\'s strategy is for those who believe bitcoin\'s bull market will progress slowly and corrections, if any, will not see prices drop below $50,000. As of writing, bitcoin changed hands at $67,170, representing a 58% year-to-date gain,CoinDesk data show.\nSeveral analysts, including Thielen and Arthur Hayes, former CEO of crypto exchange BitMEX, expecta slow grind higher.', '• 10x Research suggests selling out-of-the-money (OTM) call and put options tied to bitcoin while holding the cryptocurrency in the spot market.\n• The so-called covered strangle strategy will generate a 17% yield, in addition to the upside from the spot market holding\nBitcoin {{BTC}} investors looking to generate extra income in addition to their spot market holdings should consider setting a "covered strangle" options strategy, research firm 10X, which has animpeccable recordof predicting market trends, said Monday.\nThe \'covered strangle\' strategy involves holding the underlying asset in the spot market and simultaneously selling an out-of-the-money (OTM) call option at levels (known as strikes in options parlance) above the underlying asset\'s going market rate and selling an OTM put at strikes below the underlying\'s spot market price.\nThe premium received for selling/shorting the call option, or protecting the counterparty from price rallies, and selling the put or insurance against downtrends, represents the extra yield.\n10x suggests selling a $100,000 strike call, which is 50% above BTC\'s current market price, and a $50,000 strike put, both expiring in December 2024, while holding the cryptocurrency in the spot market.\n"Our favorite strategy is to buy bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry. Selling the call could yield 11%, and selling the put could yield 6%," Markus Thielen, founder of 10x Research, said in Monday\'s client note, detailing the suggestion.\n"Hence, this strategy provides us with either a 17% downside buffer or 17% more yield, depending on where BTC closes in December, plus we would capture all the upside (or downside) for bitcoin," Thielen added.\nThe strategy is preferred when the market outlook is bullish, but the uptrend is expected to unfold slowly, keeping implied volatility or investors\' expectations for price turbulence low. In such conditions, options, particularly OTM call and put options, bleed value faster as expiry nears, making money for sellers.\nThe strategy, though appealing, is now without risks and requires a high tolerance for risk. That\'s because the risk is leveraged below the level at which the put option is sold, in this case, $50,000.\n"Below the lower strike price, both the long stock and short put incur losses, and, as a result, percentage losses are twice what they would be for a covered call position [buy spot = sell OTM call] alone," Fidelity said in a \'covered strangle"explainer.\nIn other words, 10x\'s strategy is for those who believe bitcoin\'s bull market will progress slowly and corrections, if any, will not see prices drop below $50,000. As of writing, bitcoin changed hands at $67,170, representing a 58% year-to-date gain,CoinDesk data show.\nSeveral analysts, including Thielen and Arthur Hayes, former CEO of crypto exchange BitMEX, expecta slow grind higher.', '• ETH and BTC are trading flat as Asia\'s business week opens.\n• Traders are looking at the ETH ETF decision, and Nvidia earnings this week.\nThe crypto market was listless early Monday, with bitcoin {{BTC}}, the biggest digital asset market by value, trading flatat $67,156and ether {{ETH}} changing hands at $3,127, according toCoinDesk Indices data.\nThe consolidation follows a week of bullish action triggered by renewed optimism about a U.S. rate cut and the rally in stocks.\nThings could soon get busier again with the first decisions for ether exchange-traded funds (ETFs) due. The Securities and Exchange Commission is set to weigh in on VanEck\'s ether exchange-traded fund (ETF) on May 23 and the Ark/21 Shares one on May 24, as well as Nvidia earnings.\nMarch Zheng, managing partner of Bizantine Capital, told CoinDesk in an interview that while the market has priced near the certainty of a rejection, there are still some reasons to be optimistic.\n"There are reasons to believe that the report will contain silver linings for the delay, which should signal an eventual approval of Ethereum in the next year," Zheng said. "Theremoval of staking prepositions by filersreclassifies underlying ETH as commodities supported by the CFTC and can pave a major pathway going forward."\nPolymarket currently givesa 10% chanceof an ether ETF being approved by May 31, a13% chanceof approval by June 30,and a 28% chanceof approval this year.\nRecently, Coinbase analyst David Hanwrote that the marketmay be "underestimating the timing and odds of a potential approval."\nZheng argued that positive ETH ETF news might also boost trading sentiments for BASE, a Layer-2 network, whose native token\'s price hasdropped by nearly 25%in the last two weeks.\nTraders are also going to be eyeing Nvidia\'s earnings, scheduled for Wednesday.\nBitcointradesstrongly in correlation with Nvidia, as do Artificial intelligence-themed tokens, which surged in February as the chip designerreported better-than-expected earnings.\nThe direct correlation between Nvidia and ether market movementisn\'t as strongas it once was during the mining boom. Still, the rising tide of bitcoin and AI tokens – should Nvidia\'s earnings remain strong – will likely lift all boats.', '• ETH and BTC are trading flat as Asia\'s business week opens.\n• Traders are looking at the ETH ETF decision, and Nvidia earnings this week.\nThe crypto market was listless early Monday, with bitcoin {{BTC}}, the biggest digital asset market by value, trading flatat $67,156and ether {{ETH}} changing hands at $3,127, according toCoinDesk Indices data.\nThe consolidation follows a week of bullish action triggered by renewed optimism about a U.S. rate cut and the rally in stocks.\nThings could soon get busier again with the first decisions for ether exchange-traded funds (ETFs) due. The Securities and Exchange Commission is set to weigh in on VanEck\'s ether exchange-traded fund (ETF) on May 23 and the Ark/21 Shares one on May 24, as well as Nvidia earnings.\nMarch Zheng, managing partner of Bizantine Capital, told CoinDesk in an interview that while the market has priced near the certainty of a rejection, there are still some reasons to be optimistic.\n"There are reasons to believe that the report will contain silver linings for the delay, which should signal an eventual approval of Ethereum in the next year," Zheng said. "Theremoval of staking prepositions by filersreclassifies underlying ETH as commodities supported by the CFTC and can pave a major pathway going forward."\nPolymarket currently givesa 10% chanceof an ether ETF being approved by May 31, a13% chanceof approval by June 30,and a 28% chanceof approval this year.\nRecently, Coinbase analyst David Hanwrote that the marketmay be "underestimating the timing and odds of a potential approval."\nZheng argued that positive ETH ETF news might also boost trading sentiments for BASE, a Layer-2 network, whose native token\'s price hasdropped by nearly 25%in the last two weeks.\nTraders are also going to be eyeing Nvidia\'s earnings, scheduled for Wednesday.\nBitcointradesstrongly in correlation with Nvidia, as do Artificial intelligence-themed tokens, which surged in February as the chip designerreported better-than-expected earnings.\nThe direct correlation between Nvidia and ether market movementisn\'t as strongas it once was during the mining boom. Still, the rising tide of bitcoin and AI tokens – should Nvidia\'s earnings remain strong – will likely lift all boats.', 'By Elizabeth Howcroft\nLONDON (Reuters) - Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning.\nCrypto venture capital flows peaked at $11.1 billion in the first quarter of 2022, before seven consecutive quarters of declining volumes, with just $1.7 billion in the last quarter of 2023, data from PitchBook showed.\n"The crypto industry is still in its early stages, and there is a lot of room for growth and innovation," PitchBook senior analyst Robert Le said in a report.\n"Barring any major market downturns, we expect the volume and pace of investments to continue increasing throughout the year," he added.\nA combination of low interest rates and high risk appetite had fuelled the crypto industry to explosive growth in 2020 and 2021, but a series of bankruptcies at major crypto firms in 2022 spooked investors and sent the price of bitcoin plummeting.\nInvestors who had backed U.S. exchange FTX were forced to write down their investments to zero, while millions of people were left out of pocket as various crypto platforms stopped allowing withdrawals.\nOver the last year, some investors have become more confident about crypto, helped by U.S. regulators at the start of 2024 approving exchange-traded funds tracking bitcoin\'s spot price.\nBitcoin has steadily recovered from 2022\'s lows, hitting a fresh all-time high of $73,803.25 in March - although it has since struggled for direction.\n(Reporting by Elizabeth Howcroft; Editing by Tommy Reggiori Wilkes and Susan Fenton)', "Chicago, IL – May 20, 2024 – Today, Zacks Investment Ideas feature highlights Coinbase Global COIN, Cleanspark CLSK, Platforms Inc. RIOT, iShares Bitcoin Trust IBIT and Grayscale Bitcoin Trust ETF GBTC.\nBroad stock market indexes have again made new all-time highs this week, confirming the current bull market. The ~6% pullback seen in the S&P 500 in April was as generic as a bull could have asked for, and the strong snapback to new highs should encourage investors looking to add risk to their portfolios.\nAlthough I was exclaiming on the way down that this would be a fantastic buying opportunity, if you didn’t buy on the way down there is no need to fret because I believe we are on the cusp of another big bull run.\nIf that is indeed the case and investors are back to risk-on mode, there is one approach that is going to practically guarantee outperformance.\nFor the last year or so, Bitcoin has acted as a proxy for risk, and been tightly correlated with US equities, especially technology stocks. Although correlations do come and go, as of now this one is still strong and for every 1% stocks gain, Bitcoin can jump 3-5%.\nOn Wednesday of this week, the price of Bitcoin clearly broke out from a bullish wedge/flag pattern. This would be the third such breakout in the cryptocurrency since October, so it fits within the standard bullish action.\nOf course, you can go ahead and buy Bitcoin on the spot market, but another way to hitch a ride on this trend is withCoinbase Global.\nCoinbase is the leading cryptocurrency brokerage in the US, and primary access point to the crypto ecosystem for retail and some institutional investors. Coinbase Global crushed its most recent quarterly earnings expectations, driven by the growing trading activity in Bitcoin and other cryptos.\nEarnings estimates have rocketed higher in the last two months, with FY24 climbing from $1.57 per share to $7.18 per share! Not surprisingly, this has earned the stock aZacks Rank #1 (Strong Buy)rating.\nLike the underlying, Coinbase stock is also forming a compelling technical chart pattern. This descending wedge is a formation that COIN is familiar with, and if the stock can trade above the $220 level, it would signal a breakout.\nA powerful breakout, with accompanying volume should send the stock to new highs.\nAnother way to get exposure to Bitcoin in the stock market is through cryptocurrency miners.Cleansparkis a highly volatile miner, but potentially lucrative way to play the Bitcoin theme.\nWhile Cleanspark is a less followed name than some of the other crypto miners likeRiot Platforms Inc., I believe that Cleanspark is showing more promise in the near future.\nOver the 3 months, 6 months, 12 months, and YTD, Cleanspark has considerably outperformed both Marathon Digital and Riot Platforms and is actually the only one of the group with positive returns YTD. This relative strength shows considerable bullishness.\nAdditionally, Cleanspark has seen some heft revisions higher to its earnings estimates, giving it aZacks Rank #2 (Buy)rating. FY25 earnings have been revised higher from $0.04 per share to $1.86, an incredible 4,550%.\nLike Coinbase and Bitcoin itself, Cleanspark stock is building a convincing technical pattern. A breakout from this very broad bull flag should send the stock higher. The breakout level is $17.70.\nAlternatively, if you want direct exposure to Bitcoin, while using exclusively the stock market, theiShares Bitcoin TrustETF is a fantastic way to do so. Although the ETF does not currently have Zacks Rank coverage, I believe it to be the best Bitcoin ETF on the market.\nIBIT has the second largest assets under management, second toGrayscale Bitcoin Trust ETF, but has considerably lower fees. GBTC has an annual fee of 1.5%, while IBIT is just 0.25%.\nFor investors who are looking to add some high-flying stocks to their portfolios, and are also willing to stomach some additional volatility for those returns, Bitcoin and related stocks are a worthwhile consideration.\nWith the large upgrades in brokerage and mining stock, along with the bullish chart setups, now appears to be a timely opportunity to jump in.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nGrayscale Bitcoin Trust ETF (GBTC): ETF Research Reports\nRiot Platforms, Inc. (RIOT) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\niShares Bitcoin Trust (IBIT): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research", "View a video showcasing TeraWulf’s nuclear-powered Bitcoin mining facilities in the video player above.\nCOLUMBUS, Ohio (WCMH) — As AEP Ohio applies with a state regulator for tariffs and discounts for business customers’ increasing electricity demand, it has mentioned that cryptocurrency miners are moving into its service area.\nAEP Ohio’s Vice President of Customer Service Lisa Kelso highlighted the clients, more commonly known for mining Bitcoin, as she described a shift toward IT industries — miners and data centers included — becoming the utility provider’s “largest load.”\nFBI most wanted suspect found and arrested in Columbus\n“Because cryptocurrency mining is an energy-intensive process that consumes significant electricity and creates a large amount of heat, Ohio’s cooler climate for much of the year is attractive to miners who need to cost-effectively keep their computers operating at moderate temperatures,” Kelso wrote. “Multiple cryptocurrency miners have located on or near former utility generation station sites that have been abandoned after deregulation in Ohio because access to transmission capacity is readily available and cryptocurrency mining sites do not need to be near other load or population centers.”\nKelso’s testimony was part of AEP Ohio’s request for two new tariffs, one targeting data centers with more than 25 megawatts of demand and the other focusing on cryptocurrency miners with more than one megawatt of demand. The power company argued it needs them to pressure the two types of customers to use a promised level of electricity if AEP Ohio builds nearby infrastructure to meet their power demands.\nThe data center tariff would apply a “minimum billing demand of no less than 90%” of its contract capacity, or highest monthly transmission billing demand. The tariff targeting crypto miners would change that percentage to 95%.\nLarge-scale operations, similar to the nuclear-powered farmconnected to Ohio State’s president, are basically a necessity for mining Bitcoin, the oldest and most valuable cryptocurrency. In these facilities, specialized computers perform the complex math calculations required to run the network’s transactions in exchange for Bitcoin to call their own.\nNational steakhouse returning to central Ohio with restaurant in former O’Charley’s\nNBC4 asked AEP Ohio’s communications team for more information about the miners that Kelso mentioned in five separate paragraphs. They would not share the total number of clients in that category but described them in smaller terms.\n“The growth in data center power demand in Central Ohio is driven mainly by data centers engaged in ‘non-crypto’ activities such as cloud computing and artificial intelligence, not by data centers engaged in cryptocurrency mining operations. … Less than 10% of this increased power demand in Central Ohio is from data centers AEP Ohio knows to be conducting cryptocurrency mining operations,” a spokesperson wrote. “Outside of Central Ohio, AEP Ohio has signed ESAs approximately 200 MW of power demand from cryptocurrency mining operations.”\nTo put that amount in perspective, 200 megawatts of power demand is equal to the miners’ facilities drawing a maximum 200,000 kilowatts of power at any given time. AEP Ohio has said in the past that its average residential customer — currently seeing theirhighest bills in a decade— uses 1,000 kilowatt-hours of electricity in a month. But it’s not possible to do a direct comparison, because the two types of customers have very different bills. Kilowatts are not the same as kilowatt-hours.\n“AEP Ohio’s residential customers have energy (kWh) charges but do not have demand (kW) charges,” a spokesperson wrote.\xa0“For very large customers like data centers that shop for energy supply … their charges from AEP Ohio are predominantly demand (kW) charges with only a small energy (kWh) component.”\nEx-Buckeye Harrison sued by apparel manufacturer Fanatics for breach of contract\nSeparate from mining companies, researchers have already voicedenvironmental concernsabout data centers’ similar electricity usage. Ohio State University professor Jeff Bielicki said a “typical” data center can consume between 10 and 50 times the energy of a commercial building, per unit of area, or “about 16,000 60-watt light bulbs per square meter.”\nAt the same time that AEP Ohio filed for the new tariff, it separately applied to give a secret discount to Amazon as it ramps upbuilding $7.8 billion worth of data centersin central Ohio. The application discloses that Amazon is already running a hidden number of data center campuses in Hilliard, Dublin and New Albany, and their discount would be applied in two phases.\nDuring the first phase, for each data center that “reaches and maintains a monthly peak load” of a hidden amount in megawatts, Amazon will get a secret percentage discount on bills to each of those campuses. For each new data center campus that Amazon starts powering, the percent discount would increase. But besides this deal, AEP Ohio expects Amazon to pay all charges and riders, including tariffs.\nThe discount moves into a second stage once Amazon deploys a “battery storage system” at one of its local data center campuses. The campus will then lose the first-stage billing discount and decrease the secret percentage for the other campuses, but AEP Ohio would then calculate that battery-backed data center’s transmission charges based on its “network service peak load value.”\nPolice still searching for suspects in north Columbus double murder\nAEP Ohio’s communications team declined to share any details about the discount beyond what was in the documents.\n“Competitively-sensitive and confidential information, including the information you are requesting, was filed under seal in the Amazon Data Services (ADS) proceeding based in part on ADS’s statement that its competitors could use this information ‘to ascertain one of the most critical cost components for data center operations, which is energy, and thus place ADS at a competitive disadvantage in the global cloud computing market,'” a spokesperson wrote.\nThe pair’s application for the secret discount comes on the heels of Amazon earning a30-year tax breakfrom New Albany City Council. For the first 15 years, its data centers in the area will be exempt from 100% of their property taxes.\nOhio State president’s connection to a nuclear Bitcoin mining operation\nAmazon’s $7.8 billion investment will expand its Ohio data center presence through 2030. It’s among a litany of tech companies to gather aroundIntel’s coming semiconductor fabrication plant. Next door to Amazon’s existing New Albany data centers,Microsoft spent nearly $57 millionon property that county commissioners theorized will become the same.Googlehas piled on with two data centers as well, one in Columbus and one in Lancaster.\nAnother $1 billion data center is also on the way from Washington D.C.-basedDBT-Data. QTS out of Kansas is alsoputting $1.5 billiondown to build one of its own in New Albany as well.\nView Kelso’s testimony on cryptocurrency minershere, and AEP Ohio and Amazon’s application for a discounthere.\nCopyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.\nFor the latest news, weather, sports, and streaming video, head to NBC4 WCMH-TV.", 'SINGAPORE, May 20, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced its unaudited financial results for the first quarter ended March 31, 2024.\nFirst Quarter 2024 Operational Highlights\n• Hosting capacity of 644 MW diversified across 29 sites on three continents, compared with 513 MW across 22 sites on one continent during the same period of 2023\n• Total mining capacity under management increased 52.1% to a record 28.6 EH/s, compared to 18.8 EH/S during the same period of 2023\n• Cloud-mining registered users increased 63.5% to 321,184 as of March 31, 2024, compared to 196,468 as of March 31, 2023\n• Bitcoin (“BTC”) production from self-mining operations decreased 11.0% to 1,103 BTCs from 1,239 BTCs in the same period of 2023\n• BTC production by customers from cloud-mining solutions increased 53.0% to 2,096 BTCs, compared with 1,370 BTCs in the same period of 2023\n• Cost to mine BTC from self-mining operations averaged US$39,182 per BTC versus US$21,908 per BTC in 2023\n[{"Metric": "2024", "As of March 31,": "2023"}, ["Hosting capacity (MW)", "644", "513"], ["Total mining capacity under management (EH/s)(1)", "28.6", "18.8"], ["Cloud-mining registered Users", "321,184", "196,468"], {"Metric": "", "As of March 31,": "Three Months Ended31 March,"}, {"Metric": "2024", "As of March 31,": "2023"}, ["BTC Produced", "", ""], ["From BitFuFu self-mining operations", "1,103", "1,239"], ["By customers from cloud-mining solutions(2)", "2,096", "1,370"], ["Average BTC produced per day by customers and BitFuFu", "35.5", "29.3"]]\n[{"(1)": "(2)", "Defined as the hash rate that could theoretically be generated if all miners that have been energized are currently in operation including miners that may be temporarily offline. Hash rates are estimates based on the manufacturers\' specifications.": "Defined as the amount of BTC that was produced during the period by customers using mining capacity purchased from cloud-mining solutions."}]\nFirst Quarter 2024 Financial Highlights\n• Total revenue was US$144.4 million, representing an increase of 149.0% from US$58.0 million in the same period of 2023\n• Revenue from cloud-mining solutions was US$81.5 million, an increase of 181.0% from US$29.0 million in the same period of 2023\n• Revenue from Bitcoin self-mining operations was US$60.1 million, an increase of 117.0% from US$27.7 million in the same period of 2023\n• Net income was $35.3 million, compared to US$2.7 million in the same period of 2023\n• Adjusted EBITDA (non-GAAP) was US$49.9 million, an increase of 430.9% from US$9.4 million in the same period of 2023\n• Combined balance of cash, cash equivalents, and digital assets1were US$163.7 million as of March 31, 2024, compared with US$76.0 million as of December 31, 2023.\nLeo Lu, Chief Executive Officer and Chairman of the Board of Directors, said, “We started out the year incredibly strongly with total revenue growing 149% year-over-year to US$144 million and net income increasing more than twelve times from the same period last year. This rapid growth directly reflects the enormous synergies that are created by our asset-light strategy that flexibly adjusts and optimizes mining equipment to maximize profitability. Our cloud-mining solutions allow us to reduce revenue volatility created by sharp swings in digital asset prices and significantly strengthen cash flow by pre-selling hashrate at a fixed price that can be invested in expanding our business. We are looking to improve our adaptability by acquiring existing mining facilities or constructing our own in the months ahead to optimize our cost structure and capital allocation even further and expand our bottom line.”\nFirst Quarter 2024 Financial Results\nRevenue\nTotal revenue in the first quarter of 2024 was US$144.4 million, representing an increase of 149.0% from US$58.0 million in the same period of 2023, primarily driven by growth in cloud-mining solutions and self-mining operations.\nRevenue from cloud-mining solutions in the first quarter of 2024 was US$81.5 million, representing an increase of 181.0% from US$29.0 million in the same period of 2023, primarily due to increases in repeat purchases of cloud-mining services from existing and new customers, and an increase in the average selling price. In the first quarter of 2024, revenue from existing customers was US$76.0 million and new customers was US$5.5 million, accounting for 93.0% and 7.0% of revenue from cloud-mining solutions, respectively. In the first quarter of 2023, revenue from existing customers of US$28.1 million and new customers of US$0.9 million, accounting for 96.9% and 3.1% of revenue from cloud-mining solutions of that period, respectively.\nRevenue from Bitcoin self-mining operations in the first quarter of 2024 was US$60.1 million, representing an increase of 117.0% from US$27.7 million in the same period of 2023. The increase was primarily driven by the optimization of mining operations and favorable market conditions including a 70.0% year-over-year increase in the average hash rate used for self-mining and a 134.0% year-over-year increase in the average price of BTC, which was partially offset by an increase in blockchain difficulty for BTC mining resulting in a decrease in BTC output per tera-hash. BTC production from self-mining operations decreased 11.0% to 1,103 BTCs, from 1,239 BTCs in the same period of 2023, as a result of the increase in blockchain difficulty for BTC mining.\nRevenue from hosting services and others in the first quarter of 2024 was US$2.1 million, representing an increase of 61.5% from US$1.3 million in the same period of 2023, primarily due to lower uptime of hosted miners during first quarter of 2023 as a result of the relocation of hosted miners during that period.\nRevenue from sales of mining equipment in the first quarter of 2024 was US$0.7 million, compared to no revenue from in the same period of 2023.\nIn the first quarter of 2024, cloud-mining solutions accounted for 56.4% of total revenue, Bitcoin self-mining operations accounted for 41.6%, and hosting services and others accounted for 2.0%.\nCost of Revenue\nCost of revenue in the first quarter of 2024 was US$122.7 million, representing an increase of 120.7% from US$55.6 million in the same period of 2023, primarily due to an increase in costs associated with the expansion of the Company\'s cloud-mining solutions and self-mining operations, in line with the corresponding increase in revenue over the same period.\nOperating Expenses\nSales and marketing expenses in the first quarter of 2024 were US$0.4 million, flat when compared to US$0.4 million in the same period of 2023. Despite the 181.0% year-over-year increase in revenue from cloud-mining solutions, the Company did not increase spending on advertising and promotional activities during the quarter due to strong market demand.\nGeneral and administrative expenses in the first quarter of 2024 were US$1.9 million, representing an increase of 111.1% from US$0.9 million in the same period of 2023, primarily due to a US$1.2 million increase in legal and other consulting expenses associated with the Company\'s public listing on NASDAQ in March 2024 and other business development activities.\nResearch and development expenses in the first quarter of 2024 were US$0.4 million, representing a decrease of 20.0% from US$0.5 million in the same period of 2023, primarily due to a decrease in payroll costs to technical and development employees.\nThere were no impairment losses on digital assets during the quarter, compared to US$1.7 million during the same period of 2023.\nStarting from January 1, 2024, the Company implemented the early adoption of FASB fair value accounting rules, ASU No. 2023-08, Accounting for and Disclosure of Crypto Assets. The Company recognized a fair value gain on BTC of US$11.8 million that has yet to be realized as of March 31, 2024.\nGain on sales of digital assets in the first quarter of 2024 was US$13.1 million, representing an increase of 191.1% from $4.5 million during the same period of 2023. The increase was primarily due to the increase in the volume of BTC sold. The remaining BTC the Company holds will be retained for further potential capital appreciation, reflecting the Company’s careful and strategic management of its digital asset portfolio and ability to capitalize on favorable market conditions.\nNet Income\nNet income in the first quarter of 2024 was US$35.3 million, compared with US$2.7 million in the same period of 2023.\nEarnings per Share\nEarnings per basic and diluted ordinary share were US$0.23, compared to US$0.02 in the same period of 2023.\nAdjusted EBITDA\nAdjusted EBITDA in the first quarter of 2024 was US$49.9 million, compared with US$9.4 million in the same period of 2023, of which US$11.8 million was attributed by an unrealized fair value gain on BTC due to the early adoption of FASB fair value accounting rules, ASU No. 2023-08, Accounting for and Disclosure of Crypto Assets.\nLiquidity and Capital Resources\nAs of March 31, 2024, the Company had cash, cash equivalents and digital assets of US$163.7 million, compared with US$76.0 million as of December 31, 2023. The increase was mainly due to the funds raised in connection with its business combination and listing on NASDAQ in March 2024 and the fair value gain on BTC driven by the increase in BTC price.\nConference Call\nThe Company’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on Monday, May 20, 2024 (8:00 P.M. Singapore Time on the same day).\nAll participants must register in advance of the conference call using the link provided below. Upon registration, each participant will receive a confirmation email containing dial-in numbers and a unique access PIN, which will be used to join the conference call.\nRegistration Link:https://register.vevent.com/register/BI8900c6165a8f47c6be0836f1394524c5\nAdditionally, a live and archived webcast of the conference call will also be available on the Company’s investor relations website athttps://ir.bitfufu.com/.\nAbout BitFuFu Inc.\nBitFuFu is a fast-growing digital asset mining service and world-leading cloud-mining service provider. BitFuFu received early investment from Bitmain, a world-leading digital asset mining hardware manufacturer, and remains Bitmain’s sole strategic partner in the cloud mining space.\nBitFuFu is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure, providing a variety of stable and intelligent digital asset mining solutions to a global customer base. Leveraging its expanding global mining facility network and strategic partnership with Bitmain, BitFuFu enables institutional customers and digital asset enthusiasts to mine digital assets efficiently.\nFor more information, please visithttps://ir.bitfufu.com/.\nNon-GAAP Financial Measure\nBitFuFu uses and considers Adjusted EBITDA, a non-GAAP financial measure, as a supplemental metrics in reviewing and evaluating its performance. BitFuFu defines Adjusted EBITDA as (1) GAAP net profit/loss, plus (2) adjustments to add back/(subtract) interest expense/(income), income tax expense/(benefit), depreciation and amortization; and (3) adjustments for non-recurring items, if any. BitFuFu believes that this non-GAAP financial measure provides useful information to investors and others in understanding and evaluating the consolidated financial results in the same manner as its management and in comparing financial results across accounting periods. However, Non-GAAP financial measure is not defined under GAAP and are not presented in accordance with GAAP. Non-GAAP financial measure has limitations as analytical tools, which possibly do not reflect all items of expense that affect the Company’s operations. BitFuFu’s calculation of adjusted EBITDA may be different from the calculation methods of other companies, and therefore, the comparability of such measure may be limited. In addition, this non-GAAP financial measure adjusts for the impact of items that BitFuFu does not consider indicative of the operational performance of its business and should not be considered in isolation or construed as an alternative to net profit/loss or any other measure of performance or as an indicator of its future performance. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP.\nFor more information on the non-GAAP financial measure, please see the table captioned “Unaudited Reconciliation of GAAP and non-GAAP Results” set forth at the end of this release. BitFuFu encourages you to review its financial information in its entirety and not rely on a single financial measure.\nForward-Looking Statements\nThis press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of BitFuFu\'s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause BitFuFu\'s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The announced results of the first quarter of 2024 are preliminary and subject to adjustments. All information provided in this press release is as of the date of this press release and the Company does not undertake any duty to update such information, except as required under applicable law.\nFor investor and media inquiries, please contact:\nInvestor RelationsCharley BradyVice President, Investor [email protected]\nChristensen [email protected]\n[{"Appendix I: Financial statements": "", "": ""}, {"Appendix I: Financial statements": "", "": ""}, ["", "", "Three months endedMarch 31,"], {"Appendix I: Financial statements": "", "": "2023US$ \\u2018000"}, {"Appendix I: Financial statements": "", "": ""}, ["Total revenues", "", "144,411", "", "57,969", ""], {"Appendix I: Financial statements": "", "": ""}, {"Appendix I: Financial statements": "Cost of revenues", "": ""}, ["Cost of revenues incurred to a related party", "", "(45,298", ")", "(40,099", ")"], ["Cost of revenues incurred to third parties", "", "(71,348", ")", "(9,445", ")"], ["Cost of revenues \\u2013 depreciation and amortization", "(6,097", ")", "(6,030", ")"], ["Total cost of revenues", "", "(122,743", ")", "(55,574", ")"], {"Appendix I: Financial statements": "", "": ""}, ["Gross profit", "", "21,668", "", "2,395", ""], {"Appendix I: Financial statements": "", "": ""}, {"Appendix I: Financial statements": "Operating expenses", "": ""}, ["Sales and marketing expenses", "", "(383", ")", "(423", ")"], ["General and administrative expenses", "", "(1,934", ")", "(891", ")"], ["Research and development expenses", "", "(391", ")", "(483", ")"], ["Impairment loss on digital assets", "", "-", "", "(1,719", ")"], ["Unrealized fair value gain of Bitcoins", "", "11,758", "", "-", ""], ["Realized gain on sales of digital assets", "", "13,089", "", "4,525", ""], ["Total operating expenses, net", "", "22,139", "", "1,009", ""], {"Appendix I: Financial statements": "", "": ""}, ["Operating income", "", "43,807", "", "3,404", ""], {"Appendix I: Financial statements": "", "": ""}, ["Interest expense", "", "(1,528", ")", "(807", ")"], ["Interest income", "", "343", "", "410", ""], ["Other income/(expenses), net", "", "-", "", "4", ""], ["Income before income taxes", "", "42,622", "", "3,011", ""], ["Income tax (expense)/benefit", "", "(7,314", ")", "(328", ")"], ["Net income and total comprehensive income", "35,308", "", "2,683", ""], {"Appendix I: Financial statements": "", "": ""}, {"Appendix I: Financial statements": "Earnings per share:", "": ""}, ["Ordinary shares \\u2013 basic and diluted (US$)", "", "0.23", "", "0.02", ""], {"Appendix I: Financial statements": "", "": ""}, {"Appendix I: Financial statements": "Weighted average shares outstanding used in calculating basic and diluted earnings per share:", "": ""}, ["Ordinary shares \\u2013 basic and diluted", "", "154,395,278", "", "150,000,000", ""], ["", "", "", "", "", ""]]\n* The amount was less than $500\n[{"BITFUFU INC.": "CONSOLIDATED BALANCE SHEETS"}, {"BITFUFU INC.": ""}, ["", "", "March 31,2024US$ \\u2018000", "December 31,2023US$ \\u2018000"], ["", "", "", ""], ["ASSETS", "", "", ""], ["Current assets:", "", "", ""], ["Cash and cash equivalents", "", "87,162", "32,005"], ["Digital assets", "", "76,508", "43,979"], ["Accounts receivable, net", "", "3,028", "3,838"], ["Prepayments", "", "52,314", "39,566"], ["Amount due from related parties", "", "14", "38"], ["Inventory", "", "303", "-"], ["Other current assets", "", "4,559", "1,843"], ["Total current assets", "", "223,888", "121,269"], ["", "", "", ""], ["Non-current assets:", "", "", ""], ["Equipment, net", "", "75,754", "81,857"], ["Deposits", "", "2,683", "2,683"], ["Deferred tax assets, net", "", "4,404", "4,224"], ["Total non-current assets", "", "82,841", "88,764"], ["", "", "", ""], ["Total assets", "", "306,729", "210,033"], ["", "", "", ""], ["LIABILITIES AND STOCKHOLDERS\\u2019 EQUITY", "", "", ""], ["Current liabilities:", "", "", ""], ["Accounts payables", "", "1,967", "806"], ["Contract liabilities", "", "42,438", "47,724"], ["Taxes payable", "", "3,218", "2,233"], ["Accrued expenses and other payables", "", "5,338", "5,368"], ["Amount due to a related party", "", "23,497", "30,229"], ["Total current liabilities", "", "76,458", "86,360"], ["", "", "", ""], ["Non-current liabilities:", "", "", ""], ["Long-term payables", "", "102,435", "102,435"], ["Deferred tax liabilities, net", "", "11,397", "3,904"], ["Total non-current liabilities", "", "113,832", "106,339"], ["", "", "", ""], ["Total liabilities", "", "190,290", "192,699"], ["", "", "", ""], ["Total shareholders\\u2019 equity", "", "116,439", "17,334"], ["", "", "", ""], ["Total liabilities and stockholders\\u2019 equity", "", "306,729", "210,033"], ["", "", "", ""]]\n[{"Appendix II: Unaudited Reconciliation of GAAP and non-GAAP Results": ""}, ["", "Three months endedMarch 31,"], ["", "2024", "2023"], ["", "US$ \\u2018000", "US$ \\u2018000"], ["Net profit", "35,308", "2,683"], ["Add: Interest expenses, net", "1,185", "397"], ["Add: Income tax expense/(benefit)", "7,314", "327"], ["Add: Depreciation", "6,097", "6,041"], ["Adjusted EBITDA", "49,904", "9,448"], ["", "", ""]]\n__________________\n1The Company has early adopted the new FASB Accounting Standards Update (ASU) No. 2023-08, Accounting for and Disclosure of Crypto Assets on January 1, 2024. Under the new standard, the Company\'s Bitcoin ("BTC") holdings are measured at fair value, with changes in fair value recognized in the Company\'s income statement.', 'MicroStrategy(NASDAQ:MSTR) Chairman Michael Saylor is a famousBitcoin(BTC-USD) bull. You don’t have to be famous, but you’ll definitely need to be a Bitcoin believer if you intend to buy and hold MicroStrategy stock.\nGranted, MicroStrategy isn’t just a Bitcoin-hoarding company. It also has a legacy software business, which we’ll definitely address in a moment. That being said, there’s an important cryptocurrency-related reason to invest in MicroStrategy now, so stay tuned for the details on that.\nSetting aside the crypto connection for a moment, MicroStrategy actually has an artificial intelligence angle that you may have overlooked. This AI angle was on full display at the recentMicroStrategy World 2024event.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nHere’s the scoop. According to a press release, MicroStrategy featured its Auto Express software at the event. This is the trial version of\xa0MicroStrategy’s Auto software, a bot that allows users to “embed data-driven AI assistants into any application, anywhere they are needed, to leverage any data.”\nMicroStrategy claims that “the majority of” the event’s attendees “built an AI bot” with Auto Express. If that’s the case, then it soun Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,318,998,721,894 - Hash Rate: 644799036.2919042 - Transaction Count: 626995.0 - Unique Addresses: 482108.0 Social & AI Sentiment: - Fear & Greed Index: 0.70 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: London, U.K., May 07, 2024 (GLOBE NEWSWIRE) -- MicroStrategy, a US-based software business, now holds more BTC than any one in the world, after increasing its holdings to nearly $14 billion (£11 billion). Now, it is being speculated that Michael Saylor’s company is eying potential investment inBlockDAG Network. Michael Saylor and The Bitcoin Boom Many have seen millions of dollars in returns with the “Bitcoin boom,” but Michael Saylor has made billions with the “first” cryptocurrency. The dot-com entrepreneur’s bold move in 2020 to initiate big Bitcoin purchases has yielded substantial returns this 2024. Bloomberg data reports that Saylor, the co-founder and executive chairman of MicroStrategy Inc, has reportedly amassed around $400 million through planned daily sales of approximately 5,000 shares of the enterprise software company from January to the previous week. MicroStrategy's stock has doubled in value this year, reaching about $1,290 (£1,000), surpassing even the gains of Bitcoin during the same period. In comparison, at the end of 2014, MicroStrategy was trading around $160 (£125). In its latest financial report, MicroStrategy, headquartered in Tysons Corner, Virginia, disclosed the acquisition of over 25,000 BTC during the first four months of 2024, bolstering its total holdings to 214,400 BTC – surpassing 1 percent of all Bitcoins in circulation. With this significant accumulation, MicroStrategy solidifies its position as the largest corporate holder of Bitcoin globally, boasting over ten times the holdings of the second-largest public company, mining firm Marathon Digital Holdings. The company’s Bitcoin reserves now exceed those of the United States, which holds 207,189 BTC valued at $13.5 billion (£10.7 billion), as reported by Bitcoin Treasuries. BTC is currently valued at approximately $63,000 (£50,800) per coin and on a rebound from last week’s low of $56,000–Despite price fluctuations, MicroStrategy has seen its crypto investment appreciate by over $6 billion (£4.7B). The company shows no signs of divesting, and now, it is being speculated that the investment team is keeping an eye on a newer cryptocurrency project,BlockDAG Network. Analysts Are Bullish on Bitcoin and BlockDAG Network As Michael Saylor continues to make billions through the strategic acquisition of Bitcoin, speculations have started to get around in the crypto industry about his company, MicroStrategy's potential interest in diversifying its digital asset portfolio with BlockDAG Network. BlockDAG Network, an emerging project, hailed as one of the most innovative platforms in the blockchain industry today, is on its journey to revolutionise the decentralised finance sector with its groundbreaking technology and democratic vision–could this be the reason why Michael Saylor’s investment group is allegedly interested in the purchase of millions worth of BDAG coins? The news comes after the brand's recent release of the roadmap through which BlockDAG Network has outlined ambitious plans for development and expansion, signalling its commitment to becoming a leading player in the crypto market. The brand’s unique block-directed acyclic graph (DAG) structure offers scalability, security, and efficiency, addressing some of the key challenges faced by traditional blockchain networks. For investors of both MicroStrategy andBlockDAG Network, the potential collaboration could open up new avenues for growth and diversification. By leveraging MicroStrategy's vast resources and expertise in the crypto space, BlockDAG Network could accelerate its trajectory towards global and mainstream adoption and solidify its position as a top project in the industry. On the other hand, MicroStrategy investors could benefit from the added diversification of their crypto asset portfolio and potential gains from BlockDAG's success. The release of BlockDAG Network's roadmap further underscores its commitment to innovation and progress. With plans for the development of new features, partnerships, and community engagement initiatives, the network is poised for rapid growth and expansion in the coming months, with analysts bullish on the 2025 prospects of BDAG coin reaching anywhere between $10 and $25 per coin (between £8 and £19). As Saylor weighs his options for strategic investments, BlockDAG Network's potential to disrupt the status quo and drive value creation could make it an attractive proposition for MicroStrategy and its investors Amid Bitcoin's resurgence, projected to top last March’s record highs of $73,000 (£58,000), Mr. Saylor reinforced his bullish stance through a tweet on Monday "Bet on the winner #Bitcoin." Now, speculation abound regarding his potential business investments in innovative projects like BlockDAG Network. With MicroStrategy's significant holdings in Bitcoin and its demonstrated commitment to expanding its crypto portfolio, the allure of emerging global networks such as BlockDAG is undeniable. BlockDAG's groundbreaking technology and ambitious roadmap may present an attractive opportunity for MicroStrategy to diversify its crypto assets further and tap into a growing asset. As Saylor's vision continues to drive MicroStrategy's investment decisions, the prospect of a partnership or investment in BlockDAG Network could signal yet another bold move in the company's crypto journey and a huge rise in BDAG coin’s value. Read AboutBlockDAG Presale: Website:https://blockdag.network Presale:https://purchase.blockdag.network Telegram:https://t.me/blockDAGnetworkOfficial Discord:https://discord.gg/Q7BxghMVyu Disclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: Brown Williams support (at) blockdag.network... - Reddit Posts (Sample): [['u/Infamous-Shop-2730', 'Lost 60k on stake with no net worth', 29, '2024-05-20 00:28', 'https://www.reddit.com/r/SamayRaina/comments/1cw07xv/lost_60k_on_stake_with_no_net_worth/', 'I liked stake by watching from streams and some reels\nDeposited inr 1000 from bank made it 4k and list all in 3days\nThen i saw the option if crypto and I had 70k 80k₹ worth of btc which I bought at 28lac price k somehow felt to use the profit anyway \n\nSo deposited 6k lost and then 7k lost and then \n50k and lost it all\n\nI have become too much of free mind and now humbled enough \nBeing from middle class family( the fact middle class) this was my biggest blunder yet.\nSAMAY PLEASE DROP A LAUGHING EMOJI BELOW. BUT ANYWAYS THIS WAS MY RANT\n', 'https://www.reddit.com/r/SamayRaina/comments/1cw07xv/lost_60k_on_stake_with_no_net_worth/', '1cw07xv', [['u/Solid-Monitor-3088', 66, '2024-05-20 00:40', 'https://www.reddit.com/r/SamayRaina/comments/1cw07xv/lost_60k_on_stake_with_no_net_worth/l4sqvik/', "Most gamblers quit before hitting big , so you're missing out", '1cw07xv'], ['u/random--shit', 18, '2024-05-20 01:32', 'https://www.reddit.com/r/SamayRaina/comments/1cw07xv/lost_60k_on_stake_with_no_net_worth/l4sy5th/', "Why ? Like on the stream raftar did say that kids shouldn't do it .", '1cw07xv'], ['u/StrictTraffic3277', 12, '2024-05-20 03:33', 'https://www.reddit.com/r/SamayRaina/comments/1cw07xv/lost_60k_on_stake_with_no_net_worth/l4tep4h/', 'Stop watching hikaru', '1cw07xv']]], ['u/qualaric', "What's the outcome of AI girlfriends other than women going broke!?", 46, '2024-05-20 00:49', 'https://www.reddit.com/r/LengfOrGirf/comments/1cw0o46/whats_the_outcome_of_ai_girlfriends_other_than/', "People say about the demographic of this sub is a bunch of dork drama queen black bums btches! And don't have the bandwidth of an actual dialog!\n\nProve then wrong GO", 'https://i.redd.it/6uvmda8qpg1d1.jpeg', '1cw0o46', [['u/alienswillarrive2024', 14, '2024-05-20 00:58', 'https://www.reddit.com/r/LengfOrGirf/comments/1cw0o46/whats_the_outcome_of_ai_girlfriends_other_than/l4stdab/', "We already have sex dolls and sex robots that are in it's infancy stage, the demand is too high for it not to happen once the tech is available.", '1cw0o46']]], ['u/TheGDC33', 'The case for $KENDU Info Journal #1', 60, '2024-05-20 02:05', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/', "Here is the first installment of data/information on $KENDU, a memecoin built with a plan around a strong dev with experience and vision. THIS IS NFA, but merely sharing of my perspective on this coin. I have been in the crypto space since 2017 and as of about six weeks ago I had avoided touching memecoins altogether. I had a plan, but it all got derailed when I kept digging and reading and looking at KENDU. Yes, I have a bag, but that doesn't mean I am trying to tell you to buy. I merely want to provide an avenue for you to see the facts and come to your own financial choice (As of starting this and writing I have already read a couple additional posts from KENDU members and it is really really hard to keep up with these Chads and Chadettes. We don't gamble, We Work is just as much that calling card as it is the ethos!)\n\n \nHistorically as the godfather/HBIC/Champion of crypto-BTC ebbs and flows and all others follow it. After the halving historically BTC has topped out about 12 - 18 months later. Yes, I know that a new ATH happened pre-halving, but all metrics point to this pattern still holding up, so let's presume we have 11- 17 months to go. That would put us in October 2025.\n\nPoint #1: THIS IS THE RIGHT TIME with a low marketcap and constant growth (holders and TG members).\n\nThis brings me to my first point $KENDU has plenty of time to keep growing organically where holders and TG members keep going up, price will follow when it damn well wants to. I love KENDU because the roadmap is laid out. Right now could be a great time to buy if you feel it is right for you. I surely would love to have gotten in at this purchase price, but the road to the top is NEVER a straight line. Kendu Miazaki is targeting a 20 billion market cap. If you were to be ultra conservative with your investment and say 500 million market cap, that is still 25x away. \n\n[SHIB 50% retracements throughout most of its rise to stardom](https://preview.redd.it/ah7l8jb02h1d1.jpg?width=1069&format=pjpg&auto=webp&s=b43f372fa7a3f9c47a8b2f60014ecdc9cadc115a)\n\n \nOur community member circled all the places $SHIB retraced 50% or more from Feb 2021 - to May 2024 (I can't even keep up. I wanted to see a comparison of any hyper successful memecoin's path and there it was in the TG)-->insert Ethos. Check other successful memecoins with meteoric rises (DOGE, PEPE, WIF, FLOKI, BONK) for yourself. Those who can understand the vision and goals laid out by our fearless leader Kendu Miazaki will see this coin is still in its infancy. It could retrace another 20% or start rising meteorically ( I started this a couple hours ago and that retrace which I was targeting as a buy in price and then went all in anyway, has already hit), but my job is to arm you with facts to inform you on your journey.\n\n \nTLDR: $KENDU is going to sendu and help you make monstrous gains if you invest. This really could be the bottom or it could go down a bit more, but here is what I would share to encourage confidence [Cowboy of Crypto Checks Holder Wallets of KENDU](https://www.youtube.com/live/YuKB-AVyA8c?si=SjBFuPATxug-Jzjg) (TIME STAMPS: 18:25 - 27:00 then he buys...he was talking to me about clipping the video, but he didn't know I wasn't smart enough to figure it out and a 1 minute clip was not enough). It took me a while to figure it out, but I did the same thing with a number of wallets and I couldn't even find any sells (I did find my own wallet). The top holders are doing just that: HOLDING or BUYING more.\n\n \nHappy to answer any questions, but go easy on me as this was my first foray into trying to share. \n\nNext Episode = Point #2 The Community my experience.", 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/', '1cw29kj', [['u/jimjamj14', 21, '2024-05-20 02:09', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t34au/', '$KENDU is following the same pattern it did right before exploding up to 60mil 👀…', '1cw29kj'], ['u/Disastrous_Mango_772', 22, '2024-05-20 02:09', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t35yt/', 'What a write up! $Kendu is about to sendu', '1cw29kj'], ['u/Humble_Fan6347', 20, '2024-05-20 02:10', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t3c01/', "I'm all onboard this. The key for me has been finding an Alpha to get into with community as the focus. I was looking for something to emerge pre bullrun kicking in. And something that followed a similar process to Shib. Organic, no paid influencers and pump and dump mentality. I've now loaded up on Kendu and am looking forward to riding it over the next 12 months.", '1cw29kj'], ['u/Bigsal0009', 25, '2024-05-20 02:11', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t3hug/', 'All great points. Feeling are the same for kendu. Honestly get the same vibe as early Shib. And that’s a breath of fresh air. Not to mention Shytoshi himself popped in out TG and is featuring us in Shib Magazine soon. Which will expose us to loads of new buyers!!', '1cw29kj'], ['u/dilutedbreakfast', 18, '2024-05-20 02:13', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t3q7q/', "Well said my dude, I've gone all in on $KENDU", '1cw29kj'], ['u/stayseaart', 19, '2024-05-20 02:15', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t3xix/', 'This was beautifully written — this is by far the most active and raw community I’ve seen in a long time. Hats off, helmets on $kendu', '1cw29kj'], ['u/RegardedQt314', 18, '2024-05-20 02:16', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t41pw/', "i love write ups like these, really shows you that Kendu is building something special. that video of that crypto cowboy investor checking the top 20 wallets and seeing that they're not selling was hilarious to watch 😅", '1cw29kj'], ['u/Gullible_Touch2735', 15, '2024-05-20 02:17', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t47n0/', "Very well written and I'm sure I can speak for everyone here when I say we're happy to have you. 500 mil ath is hard fud though ; )", '1cw29kj'], ['u/TheGDC33', 15, '2024-05-20 02:17', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t4884/', 'Really want to try and do the next one about the community (and maybe I will be in a good head space to even touch on the idea of building community and how vital that is...Not just for Crypto for humans as social beings', '1cw29kj'], ['u/mwardell142', 13, '2024-05-20 02:18', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t4cqo/', "Agree about the timing of the project. Perfect amount of time to allow growth, and to get eyes on the project while everything's in a bit of a lull. I'm expecting a huge takeoff after new eth ATH", '1cw29kj'], ['u/TheGDC33', 16, '2024-05-20 02:18', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t4g6g/', "Yes I know it isn't even close to the potential or goals, but I don't want to shove some number in people's faces that is very far off for many and will be filled with lots of ups and down. I think the number is used is SOOOOOO conservative yet tangible plus it is still a massive gain.", '1cw29kj'], ['u/1Kendu', 17, '2024-05-20 02:25', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4t5cc9/', 'Can’t agree more. I haven’t felt this bullish on any coin ever. Tho I keep my sanity not by looking at the chart but looking at holder growth and TG member growth. And on top of this I pass the time by putting on my helmet and getting to work with the other Kendu chads and chadettes. The culture is amazing and it’s a whole lot of fun to be a part of. \n\nFor example Kendu Army some how started targeting Crypto Lark on YT a channel with over 1million subs and just by accident trolling Lark has become a Kendu Culture pass time. It’s all in good fun of course and Kendu Army keeps it classy with a taste of edgyness too. \n\nHope you buy a bag, put on the helmet, pour yourself a martini and join the fun! \n\nKendu 4 life', '1cw29kj'], ['u/TheGDC33', 10, '2024-05-20 03:02', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4tah63/', 'We just reached over 5000 TG members, so you can imagine that we do roll rather deep. While I could understand your knee jerk reaction here, you should really come check it out for yourself. Additionally, this just may not be for you, but I implore you to at least take a look yourself in the TG. Memecoins are real and the successful ones have had massive exponential returns. If this is a real one you owe it to yourself to scope it out. If what you saw is a really a red flag, then all good too. Good Luck in your investing endeavors.', '1cw29kj'], ['u/TheGDC33', 15, '2024-05-20 03:04', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4taprk/', 'I was in on one of the Lark raids and some of the army had some very clever and hilarious comments. It really was a blast.', '1cw29kj'], ['u/dilutedbreakfast', 10, '2024-05-20 03:32', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4tei6w/', 'Lol not one of those replies is from a bot', '1cw29kj'], ['u/Acceptable-Grape-499', 12, '2024-05-20 06:12', 'https://www.reddit.com/r/SatoshiStreetBets/comments/1cw29kj/the_case_for_kendu_info_journal_1/l4tyuys/', 'Wow love this very well said. Been in kendu since 8 million mc. Love the project and community. KENDU IS SUPER BULLISH 👌\xa0', '1cw29kj']]], ['u/TheGDC33', 'The case for $KENDU Info Journal #1', 28, '2024-05-20 02:47', 'https://www.reddit.com/r/WallStreetBetsCrypto/comments/1cw32nx/the_case_for_kendu_info_journal_1/', "Here is the first installment of data/information on $KENDU, a memecoin built with a plan around a strong dev with experience and vision. THIS IS NFA, but merely sharing of my perspective on this coin. I have been in the crypto space since 2017 and as of about six weeks ago I had avoided touching memecoins altogether. I had a plan, but it all got derailed when I kept digging and reading and looking at KENDU. Yes, I have a bag, but that doesn't mean I am trying to tell you to buy. I merely want to provide an avenue for you to see the facts and come to your own financial choice (As of starting this and writing I have already read a couple additional posts from KENDU members and it is really really hard to keep up with these Chads and Chadettes. We don't gamble, We Work is just as much that calling card as it is the ethos!)\n\nHistorically as the godfather/HBIC/Champion of crypto-BTC ebbs and flows and all others follow it. After the halving historically BTC has topped out about 12 - 18 months later. Yes, I know that a new ATH happened pre-halving, but all metrics point to this pattern still holding up, so let's presume we have 11- 17 months to go. That would put us in October 2025.\n\nPoint #1: THIS IS THE RIGHT TIME with a low marketcap and constant growth (holders and TG members).\n\nThis brings me to my first point $KENDU has plenty of time to keep growing organically where holders and TG members keep going up, price will follow when it damn well wants to. I love KENDU because the roadmap is laid out. Right now could be a great time to buy if you feel it is right for you. I surely would love to have gotten in at this purchase price, but the road to the top is NEVER a straight line. Kendu Miazaki is targeting a 20 billion market cap. If you were to be ultra conservative with your investment and say 500 million market cap, that is still 25x away.\n\n[SHIB 50% retracements throughout most of its rise to stardom](https://preview.redd.it/9lmje0kgah1d1.jpg?width=1069&format=pjpg&auto=webp&s=85bb512572cb48253665f414905b1bbe292a2cb0)\n\nOur community member circled all the places $SHIB retraced 50% or more from Feb 2021 - to May 2024 (I can't even keep up. I wanted to see a comparison of any hyper successful memecoin's path and there it was in the TG)-->insert Ethos. Check other successful memecoins with meteoric rises (DOGE, PEPE, WIF, FLOKI, BONK) for yourself. Those who can understand the vision and goals laid out by our fearless leader Kendu Miazaki will see this coin is still in its infancy. It could retrace another 20% or start rising meteorically ( I started this a couple hours ago and that retrace which I was targeting as a buy in price and then went all in anyway, has already hit), but my job is to arm you with facts to inform you on your journey.\n\nTLDR: $KENDU is going to sendu and help you make monstrous gains if you invest. This really could be the bottom or it could go down a bit more, but here is what I would share to encourage confidence\xa0[Cowboy of Crypto Checks Holder Wallets of KENDU](https://www.youtube.com/live/YuKB-AVyA8c?si=SjBFuPATxug-Jzjg)\xa0(TIME STAMPS: 18:25 - 27:00 then he buys...he was talking to me about clipping the video, but he didn't know I wasn't smart enough to figure it out and a 1 minute clip was not enough). It took me a while to figure it out, but I did the same thing with a number of wallets and I couldn't even find any sells (I did find my own wallet). The top holders are doing just that: HOLDING or BUYING more.\n\nHappy to answer any questions, but go easy on me as this was my first foray into trying to share.\n\nNext Episode = Point #2 The Community my experience.", 'https://www.reddit.com/r/WallStreetBetsCrypto/comments/1cw32nx/the_case_for_kendu_info_journal_1/', '1cw32nx', [['u/bakchod_bilowta', 10, '2024-05-20 18:28', 'https://www.reddit.com/r/WallStreetBetsCrypto/comments/1cw32nx/the_case_for_kendu_info_journal_1/l4w7jp0/', 'Nailed it right into the peeepee of jeets, #sorry Daniel this is going to the moon without you @kenduinu', '1cw32nx'], ['u/AdventOfWonder', 11, '2024-05-20 19:03', 'https://www.reddit.com/r/WallStreetBetsCrypto/comments/1cw32nx/the_case_for_kendu_info_journal_1/l4wdhfa/', "Kendu's culture has all the fundamentals of successful project. Short term price action is not even a factor for me, personally.", '1cw32nx']]], ['u/oxwy', 'Hit 100k at 22', 130, '2024-05-20 02:58', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/', "Don't talk to anyone about my finances so I wanted to share it here 🥳\n\nI saw a TikTok about IRAs and went down a rabbit-hole and have been lurking for the past few years.\n\nCome from immigrant parents from SEA who worked very hard to support me through school without me needing to work at the same time. My dad wanted to go to school in my same major (EE), but did not know enough English so had to drop out after a year. He is doing fine now and a very hard worker. I am so thankful and proud of them.\n\n \nI went to my no-name state school (Low GPA, didn't know what I wanted to do during high school so it was my only option). FAFSA + scholarship covered almost all of it (No Debt). Lived at home during school. Worked as a research assistant + 3 internships and graduated last year. After graduation, I moved to a M/HCOL location for my first FT job in big tech.\n\nBreak Down:\n\n* 6.2k HSA\n* 36k Roth IRA\n* 28k 401k\n* 2.8k Taxable\n* 1.2k BTC\n* 32k Savings (Emergency Fund + Checking Account). I use wealthfront, so my spending/savings is in the same bucket.", 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/', '1cw3af2', [['u/LittleLordFuckleroy1', 76, '2024-05-20 03:23', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tdczo/', 'Big tech is basically a cheat code, but sounds like you and your family have worked hard to put yourself in a position to take advantage of that.\n\nKeep up the good work. Hope you can find a good balance of saving and letting yourself live a little. But you’re on good pace to never need to worry about money again.\n\nEnjoy and congrats.', '1cw3af2'], ['u/CaptainWallNut', 21, '2024-05-20 03:30', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tead7/', 'Probably 1.2k USD worth of BTC at current prices', '1cw3af2'], ['u/YifukunaKenko', 10, '2024-05-20 03:37', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tf5jg/', 'What are you investing in in roth and taxable ?', '1cw3af2'], ['u/oxwy', 17, '2024-05-20 03:51', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4th2zz/', 'roth: \n60% VTI \n30% VXUS \n10% BND\n\n \nfor the next 20 years or so, this is my investment plan until i taper in bonds closer to retirement age: \n52% vti \n23% vxus \n25% avgv \n\n\ntaxable: \n100% vti', '1cw3af2'], ['u/Ramietoes', 41, '2024-05-20 03:58', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4ti3w2/', "Get out of bonds. You're way too young to be conservative.", '1cw3af2'], ['u/oxwy', 16, '2024-05-20 04:07', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tjegh/', 'thank you :) i agree, i got super lucky around the time i graduated.', '1cw3af2'], ['u/TellSpectrumNo', 21, '2024-05-20 04:23', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tlotk/', 'Yes, you can buy parts of a bitcoin.', '1cw3af2'], ['u/ferruix', 11, '2024-05-20 04:31', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tmmud/', 'Agree that you should get out of bonds. Your continued employment is effectively a huge bond. You likely have no need for fixed income beyond an emergency fund at this point.', '1cw3af2'], ['u/cactusqro', 16, '2024-05-20 05:14', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tsba9/', 'How do you have 36k in a Roth already?', '1cw3af2'], ['u/oxwy', 29, '2024-05-20 05:28', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4ttvvc/', 'first internship was spring 2021. ($25/hr + 3k housing stipend but i live close and stayed home so didn’t need to use it). maxed out 2020 ira and have been since. this year, i maxed 2024 at the beginning of the year.', '1cw3af2'], ['u/cactusqro', 14, '2024-05-20 06:21', 'https://www.reddit.com/r/Fire/comments/1cw3af2/hit_100k_at_22/l4tztq6/', 'Good on you for being prudent and getting started early.', '1cw3af2']]], ['u/Much-Marsupial6874', 'Why is gold better than Bitcoin?', 54, '2024-05-20 03:32', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/', "I was having an argument about that topic.\n\nMy main arguments were:\n\n- humans have agreed that gold has value for More than thousands of years while Bitcoin is still too new\n\n\n- without electricity there Is no Bitcoin (but in that case of a collaps it's kinda doubtful that gold would be any More useful though. Instead you would be better off with guns, ammo and access to food and wáter)\n", 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/', '1cw3x7v', [['u/alwaus', 17, '2024-05-20 03:43', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4tg28b/', 'Because gold actually exists and bitcoin does not.', '1cw3x7v'], ['u/AdderallisEvil', 53, '2024-05-20 03:46', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4tghhz/', 'Because gold is used to make things, including the electronics you need tor Bitcoin. Thus our world would be quite different without gold (along with every other metal). Without Bitcoin…. Well things would basically be the same as they are now minus this discussion lol', '1cw3x7v'], ['u/undertheeuropaice', 17, '2024-05-20 04:25', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4tlu2n/', 'If you want to hedge an uncertain future, you should own both. The things that give gold “intrinsic value” mostly are the same as bitcoin. BTC is superior to gold in some aspects….gold is superior in others. I could see a future where both do well and I could see a future where one skyrockets and the other becomes worthless. So I own both.', '1cw3x7v'], ['u/Much-Marsupial6874', 11, '2024-05-20 05:40', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4tv9uj/', "When there Is no electricity our whole society doesn't exist anymore. Those arguments about some human extinction event happening are not really useful.", '1cw3x7v'], ['u/meshflesh40', 64, '2024-05-20 07:29', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4u6eua/', 'Gold is physical. Thats the one clear advantage. \n\n\nIf you forget your private keys or misplace your seed phrase...you could be easily irreversibly screwed. \n\n\nI love BTC. But its not perfect. Gold has its flaws too of course. \n\n\nBut anything is better than fiat at this point', '1cw3x7v'], ['u/Minor_Blackbird', 14, '2024-05-20 10:14', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4ujzo9/', "When the lights go out, which one can you hold in your hand? That's the question.", '1cw3x7v'], ['u/C10H24NO3PS', 11, '2024-05-20 16:17', 'https://www.reddit.com/r/Gold/comments/1cw3x7v/why_is_gold_better_than_bitcoin/l4vm4d3/', 'On the flip side because gold is physical governments and thieves can take it from you. It is hard to move and airports make you declare it and scan for it.\n\nThe fact that bitcoin is digital means no one can take it from you unless you let them. It cannot be stolen or confiscated unless you give them a way to access your private key', '1cw3x7v']]], ['u/igothackedUSDT', 'I lost 650k from last bull run.', 957, '2024-05-20 04:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/', 'I been in crypto since 2017. I got into it during the top back then. Was just a poor college grad, so I didn\'t have much to lose. Luckily as crypto crashed in 2018 I landed a nice paying job. I was putting 90% of my pay check into crypto up until mid 2020. Buying btc at 3k and eth sub 100. I bought Chainlink at 30 cents. A few other good entries too. Sadly I also had a big portion of my shitfolio in XRP, but tbf it had some fair returns in 2021. \n\nI sold my portfolio in Feb 2021, a bit too early. And as you guessed, everything ran up 2-3 X higher after I sold. I told myself I wouldn\'t look back. And that we were entering a long bear market. I had about 700k at that time. All of it put into Anchorrrrr. Quit the job too like a fool. And as you already know 2021 was a double bubble. \n\nLater, in November that year btc reached new ath\'s, followed by a correction. I thought a major alt season was on the rise. "I just need a 2x to make up for what I missed out on." I still remember that one night, at the intersection in my car at a red light. It was midnight and I was the only one there. Looked at my phone and saw -50% across the entire crypto market. It was all downhill from there.\n\nNot everyone wins. In order for you to win, someone must lose. Who here is from the 2017 era still hasn\'t "made it"? Am I the only one? Like a child held back a grade? I\'m still here, it was painful. My portfolio was near math\'s recently, but not quite. The bull isn\'t exactly guaranteed. I been learning TA for the past few years and listening about how the markets work. But I\'m still here, for now.', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/', '1cw5gpv', [['u/topcontender', 113, '2024-05-20 05:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4trcab/', 'Rule number 1 of crypto… If you’re gonna sell, don’t put it all back in.', '1cw5gpv'], ['u/kumasai', 14, '2024-05-20 05:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tri6m/', "I'm up 37000% still. It's a long game. Been in since 2017 as well.", '1cw5gpv'], ['u/IllIllIlllil', 859, '2024-05-20 05:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tshyf/', "What a coincidence, I've been here since 2017 as well but kept it all in bitcoin and a bit in ethereum.", '1cw5gpv'], ['u/No-Tea-592', 106, '2024-05-20 05:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tsidf/', 'You put all your money back in at the top of the market?', '1cw5gpv'], ['u/Benjamincito', 11, '2024-05-20 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tt6dq/', 'Why anchor tho bro\n\nI have never heard of anchor', '1cw5gpv'], ['u/igothackedUSDT', 46, '2024-05-20 05:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ttd7d/', 'Yeah, I was greedy. Helbent to make at least over a mil.', '1cw5gpv'], ['u/igothackedUSDT', 30, '2024-05-20 05:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ttr4b/', "I didn't. Lose the money in anchor. The summer of 2021 I thought the market was done, so I wanted to make passive income. I sat there until fall when btc broke new ath's. After I lost most of my ass, I sat in usdc, dodge the UST shenanigans, when btc was at 30k I appeared into alts thinking it was the bottom. I was very wrong. I dodged UST, but it didn't really matter.", '1cw5gpv'], ['u/Whole_Financial', 47, '2024-05-20 05:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tue79/', 'never once heard of anchorrrr in my life', '1cw5gpv'], ['u/No-Tea-592', 27, '2024-05-20 05:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tv83i/', 'It must have been excruciating not having that dry powder at the bottom of the bear market. \n\nWhat has your strategy been since then?\n\nI made the same mistake. I put all my money into the market just before the first massive dip losing a lot of money (China crypto ban dip), and then I broke even after the market rebounded to its ATH. And then I I lost about 90% after LUNA and FTX shitshow. So I never gained anything for taking on such massive risk.\n\nNow I am doing alright because I consolidated everything into Solana and have just been DCAing into it.', '1cw5gpv'], ['u/iworkisleep', 10, '2024-05-20 05:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tw1g4/', 'So with merely 10k you made 3.7 milly. Politely, wtf is you still doing here lol', '1cw5gpv'], ['u/snktido', 15, '2024-05-20 05:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4twa10/', 'Rug-pull comment.', '1cw5gpv'], ['u/conceiv3d-in-lib3rty', 11, '2024-05-20 05:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4twvzk/', 'Probably would have came dangerously close to hanging it up if I ever lost $650k on anything. \n\nLost over a half a million, got right back in immediately! \n\nLike a fucking dog that keeps coming back to you after whacking it upside the head lmao.', '1cw5gpv'], ['u/No-Tea-592', 15, '2024-05-20 05:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tx4l3/', 'I think it was connected to the Luna ecosystem. I recall that it was offering 20% a year return for staking it something.', '1cw5gpv'], ['u/Vaginosis-Psychosis', 21, '2024-05-20 05:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4txckc/', "So.... do you at least realize that you're a shit trader? Or is it going to take another couple bull markets of losing everything?", '1cw5gpv'], ['u/imadumbshit69', 11, '2024-05-20 05:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4txdu6/', "20% apy. There's your problem", '1cw5gpv'], ['u/DryGeneral990', 22, '2024-05-20 06:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4txkob/', "I bought near the top in 2021. Watched my portfolio go down 80% but held. It was +25% a couple months ago. Now I'm down 5-10%. Kinda wish I sold two months ago but I held this long, so I might as well hold it until next year.", '1cw5gpv'], ['u/Seromontis056', 90, '2024-05-20 06:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4txwzq/', "Go to gamblers anonymous before it's too late.", '1cw5gpv'], ['u/ImSoHungryRightMao', 22, '2024-05-20 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tytj7/', 'Specifically: \nKeep some cash for the taxman.\nAnd wait a while before reinvesting. There will always be dips.', '1cw5gpv'], ['u/Dr_Bendova420', 40, '2024-05-20 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tyv0d/', 'Wait so you made over $250k anyways instead of $700k???\n\nThat’s pretty good :-) you beat inflation!', '1cw5gpv'], ['u/Fatfire_Crypto', 62, '2024-05-20 06:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tz6ld/', '> I been learning TA for the past few years\n\nPlease don\'t do this.\n\nOtherwise you\'ll be saying this same quote again after the next bullrun:\n\n> Not everyone wins. In order for you to win, someone must lose. Who here is from the 2017 era still hasn\'t "made it"?\n\nJust hold, and also make sure you diversify your portfolio with non-crypto assets.', '1cw5gpv'], ['u/MMariota-8', 16, '2024-05-20 06:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tzbsn/', 'I never get why anyone would sell off their entire portfolio in one fell swoop. Piece by piece when it hits certain thresholds is a good strategy, but unless it gets to point where you can literally be set for life by selling it all, why would you even consider doing that?', '1cw5gpv'], ['u/C-Class_hero_Satoru', 40, '2024-05-20 06:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tzl39/', 'Well my loss is not massive like yours\n\nI entered on February 2021\n\nFrom 28k my portfolio is worth 11k today', '1cw5gpv'], ['u/cheesomacitis', 16, '2024-05-20 06:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4tzv6g/', "No, you're not the only one. I started in 2013 and still haven't made it fully.", '1cw5gpv'], ['u/ah_jer', 11, '2024-05-20 06:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u04rn/', 'I had 70% of my holdings in Celsius earn. Lost a bunch also..', '1cw5gpv'], ['u/bambeezzy', 14, '2024-05-20 06:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u0896/', 'So you’re telling me short solana... Got it.', '1cw5gpv'], ['u/Tip-Actual', 264, '2024-05-20 06:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u0d5e/', 'My philosophy is that to realize profits one must remove the money from the market and put it into an illiquid asset like real estate. This prevents a person from making rash decisions later in the cycle.', '1cw5gpv'], ['u/Zombie4141', 93, '2024-05-20 06:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u0vmu/', 'Exactly. 2016er here. Been HODLing Bitcoin ever since, and also kept my job. It’s👏 just 👏that 👏fucking👏easy.👏', '1cw5gpv'], ['u/neitze', 37, '2024-05-20 06:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u1kv8/', "My guy, still 'haven't made' it from like 2013. Rugs, Scams. Macro Rugs. You live, you learn. Without some hard lessons it's easy to piss away any semblance of a return.\n\nBut I never got into crypto for the $$. Sure, I still get a funny feeling when number go up big. \n\nUltimately I got into crypto because my govt said I was no longer allowed to play poker online for fiat and my credit cards and bank accounts were no longer accepted. I used income from online poker to pay some expenses in college and it was something I could sit and study for hours instead of dissecting the nuances of some random video game.\n\nI realize this is a first world problem. Admittedly, I struggle to imagine what living with 140% YoY inflation looks like. Struggle imaging the US government authorizing the FED to seize private citizens gold in the midst of the Great Depression. Struggle to imagine a government that acts out of benevolence above self-interest, acts on a concept of fiscal responsibility over expanding budgets and debasing the currency it issues ti the people it taxes.\n\nBecause of this, I just like the code, the cryptography, the cypherpunks, and appreciate the economic conditions that birthed decentralized cryptocurrencies in the first place. I want people to be able to preserve the wealth they accumulate under some predefined borders, especially if they were born there with no say in the matter, despite some central authorities stewards whose best efforts are spent to self enrich off it's citizens.\n\nI'm not here to get rich. I'm here to use a technology that can pave the path of a better tomorrow. That better tomorrow may not translate for everyone but it certainly allows for a more equitable pursuit for the average person. It certainly allows for a more equitable means of exchange than a citizen living under the finger of big govt deciding what big bank donated enough and has enough cronies on their board to get bailed out of insolvency for transacting in bad faith to secure short term profits. \n\nI know a lot of people in this sub don't give a shit about any of this. Appreciate their contributions to the ecosystem regardless. The markets will always appreciate your liquidity, regardless of reciprocation. I also know that if I were to only focus on green candles and direct transfers to improve my quality of life, prolonged episodes of red candles become much harder to rationally manage.\n\nI may not have made it in any sense of the phrase by those that use this sub. But I do have more than enough, which is more than most can ask for.", '1cw5gpv'], ['u/Zombie4141', 11, '2024-05-20 06:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u1zfl/', 'Can you explain why? 1 is way to hard for a lot of people.', '1cw5gpv'], ['u/VonnyVonDoom', 11, '2024-05-20 06:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u3bjc/', 'This is dumb. You won. Then you got smacked by greed and FOMO. And instead of building a better exit plan and strategy, you’re stuck in the past and still learning how the market works…\xa0', '1cw5gpv'], ['u/UnreasonableCletus', 16, '2024-05-20 07:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u3q9f/', "It took me awhile to figure out but going forward pull profits and put some into traditional investments with a much lower risk profile.\n\nDon't worry about the negative comments no one other than you actually cares about your finances.", '1cw5gpv'], ['u/L10N420', 12, '2024-05-20 07:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u3sr0/', 'I’ve a ledger why I should need multiple wallets. On exchanges I never have over 250k at once', '1cw5gpv'], ['u/filthydestinymain', 15, '2024-05-20 07:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u3v5g/', 'Hoooooly, OP how did you have 700k 4 years after finishing college', '1cw5gpv'], ['u/intotheEnd', 26, '2024-05-20 07:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u4ozx/', "This. TA is useless without a fairly stable market. It's useless in a market that is largely influenced by global macroeconomic and social factors.", '1cw5gpv'], ['u/Mr_Pink_Buscemi', 22, '2024-05-20 07:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u4urr/', '“I got into crypto because of the technology” = I lost a lot of money in this and I’m trying to salvage anything.', '1cw5gpv'], ['u/Rabid_Mexican', 10, '2024-05-20 07:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u5ojm/', "I used TA to buy a huge stack of BTC at $15,000 and sold some of it at $72,000, if it's working don't tell anyone and keep doing it haha", '1cw5gpv'], ['u/MirrorMax', 12, '2024-05-20 07:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u5sw5/', 'If the only thing you learned is to try and learn TA, i think you are in for more hurt, just passively invest some % in btc/eth/indexfunds. And thank me in 20, years. If you wanna play around with some % in shitcoins be my guess but yoloing big amounts like that is madness and whale play.\n\nYes you hear stories about 1000x but people(most) rarely Brag about their runs to 0. This goes for everything in life.\n\nBeen in crypto since 2011 fwiw, ive seen every shitcoin, IPO, ico, scam you can imagine. Also seen all the influencers, grifters, and con artists try to make money off people like you looking to beat the market. Be it on YouTube or Twitter etc.', '1cw5gpv'], ['u/simmol', 75, '2024-05-20 07:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u7c83/', "One problem with taking profits is that crypto has massive volatility near its ATH level, which is different from some of the less riskier assets. For example, S&P 500 doesn't go up as fast as crypto but it always lurks near its ATH level all the time. So you get used to whatever amount that is in your portfolio. However, crypto/BTC is very volatile near its ATH level, which means that you see your portfolio with an insane amount of money one day and then it is down 20% from that value in less than a couple of weeks. Our mind gets anchored to the ATH value so taking profits while down 20% from your ATH level seems like a losing proposition to most of us. That is why we can't sell near the top. Psychologically, our greed just does not allow us to do so.", '1cw5gpv'], ['u/Public_Magician_9352', 20, '2024-05-20 07:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u7eb2/', 'I’m here from 2017, still have ptsd from 2018 and 2021 crashes.\n\nI sell every spike', '1cw5gpv'], ['u/Riddletons', 12, '2024-05-20 07:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u8hex/', 'Always amazes me how stupid people can be to believe something like 20% annual staking returns is possible without the actual underlying asset price collapsing 😂\n\nNew idiots will be born every day', '1cw5gpv'], ['u/Clownier', 37, '2024-05-20 07:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u8y12/', "Spent 10K on my crypto. Sold it this year for 120K.\n\nWon't look back. Moving it into other investments.\n\nSometimes you gotta know when it's your time to get off the bus.", '1cw5gpv'], ['u/Shiratori-3', 33, '2024-05-20 08:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4u96u5/', 'Technical Analysis \n\nOr, Tits & Ass', '1cw5gpv'], ['u/Archtects', 342, '2024-05-20 08:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4udd42/', 'Been here since 2016. \n\nTf is anchor', '1cw5gpv'], ['u/parthgarg', 15, '2024-05-20 08:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4udgi5/', 'I am from 2017, since then I have never sold or traded anything. I just keep buying and hodling all in paper wallets.\n\nI don’t know if I will ever redeem it, maybe when retired or just pass this to next generation. \n\n60% BTC 30% ETH 10% are ltc, xrp, polygon, iota etc', '1cw5gpv'], ['u/Seanwabha', 11, '2024-05-20 09:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uf59y/', 'What is the death cross saying right now? I’m too stupid to understand astrology for traders', '1cw5gpv'], ['u/RodgerWolf311', 10, '2024-05-20 09:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ufggc/', ">Sometimes you gotta know when it's your time to get off the bus.\n\nTrue, but also understand that in 10 years time you might be crying in the fetal position if that $10k would have become $100 million or more ..... or perhaps you might be smiling because that $10k would have become $0.", '1cw5gpv'], ['u/Seanwabha', 41, '2024-05-20 09:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ufmxa/', 'You bought Tao at 40$ and still haven’t sold? At one point it was up to $700. This is why I think you still haven’t learned your lesson. Greediness is a hell of a disease.', '1cw5gpv'], ['u/PoloValentino', 68, '2024-05-20 09:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ug2q8/', 'Yep. I haven’t made 700k like OP, and I don’t feel like I have ‘made it’ but I have a mortgage on a house which wouldn’t have been possible without crypto. I’m v happy with that.', '1cw5gpv'], ['u/Run-and-Escape', 385, '2024-05-20 09:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ugy6y/', "I'll make you feel better.\n\nI had 2k Eth which I bought the day Eth was released. \n\nSold it about 6 months before everything went crazy.. Would have been a multimillionaire.\n\nOh well.", '1cw5gpv'], ['u/StaysAwakeAllWeek', 11, '2024-05-20 09:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uhsrr/', "TA hasn't worked in decades. The HFT algo firms destroyed any trace of a predictable pattern that once existed in markets. Please stop with the TA astrology bullcrap, it will just give you false confidence and you'll lose more money\n\nhttps://www.investopedia.com/terms/t/texas-sharpshooter-fallacy.asp", '1cw5gpv'], ['u/pblokhout', 20, '2024-05-20 09:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uhtpo/', 'Horoscopes for stocks', '1cw5gpv'], ['u/Astr0_LLaMa', 56, '2024-05-20 09:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ui3d0/', "same never heard of it. 100% this guy's fault for keeping 700k in a shitcoin lmao", '1cw5gpv'], ['u/Squeezitgirdle', 31, '2024-05-20 09:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uijdk/', "I'm surprised you missed out on the anchor fiasco. \nI never trusted it, so I lucked out.", '1cw5gpv'], ['u/Hooked__On__Chronics', 15, '2024-05-20 10:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ujvrm/', 'What’s the point? More wallets doesn’t equal safer.', '1cw5gpv'], ['u/nothingbutadam', 125, '2024-05-20 10:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ulgte/', 'anchor was the lending and borrowing platform connected to LUNA, and the failed TerraUSD stablecoin, eg the platform offering 20% yearly returns', '1cw5gpv'], ['u/joannew99', 75, '2024-05-20 10:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4umoaj/', 'Easy to say this in retrospect.. LUNA was a top 10 rank Coi and UST was the most trusted stablecoin', '1cw5gpv'], ['u/Archtects', 74, '2024-05-20 11:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4ur72r/', 'Ahh yeah I remember that, think I remember reading 19% AR and noped straight outa there', '1cw5gpv'], ['u/StaysAwakeAllWeek', 11, '2024-05-20 11:59', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4urzh2/', "Do you really think you can do TA better than an algorithm built by 100 PhD mathematicians running on a supercomputer? When you trade based on a pattern the effect of those trades is to erase that pattern from the market, and that's exactly what HFT firms exist to do. \n\nYour blind arrogance is showing, please don't let it take your money.", '1cw5gpv'], ['u/FistFang', 12, '2024-05-20 12:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uvfxz/', 'Lol you sound like a gambler which you are. "Double on the next bull run" sounds like someone in a casino who lost all his money trying to use his life saving to hit it big and even out then going homeless. Sorry for being a bit brash but its true trying to help you not ruin your life.', '1cw5gpv'], ['u/seanhagg95', 29, '2024-05-20 12:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uwnoc/', 'Doge and shib were/are in top 10.. allocating 100% of a big portfolio is so stupid. This guy learned nothing and became a gambler instead of an investor.', '1cw5gpv'], ['u/tepmoc', 11, '2024-05-20 13:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4uyez0/', 'huh where 200x is coming from? its 17.5x, still good but not 200x lol', '1cw5gpv'], ['u/GeorgeKaplanIsReal', 15, '2024-05-20 13:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4v1at9/', 'It’s all gambling to the exception of maybe Bitcoin.', '1cw5gpv'], ['u/hoppydud', 34, '2024-05-20 13:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4v1nmi/', "That's Bernie Madoff type shit right there. Hell even his returns were smaller lol", '1cw5gpv'], ['u/--Quartz--', 12, '2024-05-20 13:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4v2eim/', "Taking profits should be absolutely independent of ATH. \nATH is pure hindsight, it can't be used as a metric when the market is growing and everyday is a new ATH. \nSet goals with no emotions involved and stick to them. Don't ever buy a coin as an investment without an exit price, both up and down.", '1cw5gpv'], ['u/nocommentacct', 147, '2024-05-20 14:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4v79wl/', 'Same. Had 12k. Sold 9k eth for $9 each. Was the first time I ever had 100k in my life', '1cw5gpv'], ['u/wallacehill', 14, '2024-05-20 14:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4v7j6e/', 'I actually made a lot of money on Luna but had I held off just a few weeks before selling I would have made life changing money . Bitter sweet for me . In most cases I’ve sold too early or greed caught me . If you’re emotionally attached to it you’re going to make mistakes . \nI’m currently out of the market. I don’t think retail like we seen before will be back for quite some time .', '1cw5gpv'], ['u/nothingbutadam', 14, '2024-05-20 14:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1cw5gpv/i_lost_650k_from_last_bull_run/l4v9f6d/', 'its easy for me to say, but having been in crypto a long time, this is one of the hardest things, theres an infinite amoun... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks traded mostly higher on Monday, with shares of Nvidia leading the way.\n• Nvidia stock surged about 3% ahead of its first-quarter earnings results on Monday.\n• JPMorgan weighed down the Dow after CEO Jamie Dimon said now is not the time to buyback stock.\nMajor US stock indexes were mostly higher on Monday, withNvidiastock leading the way with a gain of nearly 3% ahead of its hotly anticipated first-quarter earnings report on Wednesday.\nInvestors expect the company to report quarterly sales of nearly $25 billion, which is about four times the $6.5 billion in revenue it did in the year-ago quarter.\nNvidia\'s sharp rise helped the Nasdaq 100 outperform the other major indices on Monday, while JPMorgan stock dropped 4%, weighing on the Dow Jones Industrial Average.\nJPMorganCEO Jamie Dimon struck a cautious tone on the economy on Monday, highlighting that today\'s geopolitical tensions represent risks not seen since World War II. Dimon also said it\'s unlikely he\'ll remain CEO of the bank five years from now, and said the stock is too expensive to buyback.\n"We\'re not going to buy back a lot of stock at these prices," Dimon said. "Buying back stock as a financial company greatly in excess of 2x tangible book is a mistake."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,308.19, up 0.09%\n• Dow Jones Industrial Average:39,807.69, down 0.49% (-195.90 points)\n• Nasdaq composite:16,794.88, up 0.65%\nHere\'s what else happened today:\n• Veteran tech analyst Gene Munster said he expects an AI boom in the stock marketthat will lead to a bubble within the next five years.\n• The threat of a recession appears real as 19 states see a rise in their unemployment rate.\n• The global stock market rally has even helped boost China\'s fledging equity market.Analysts think there\'s more room to run.\n• Morgan Stanley\'s CIO and long-time bear Mike Wilson threw in the towel and turned bullish on the stock market,boosting his S&P 500 price target 20% to 5,400.\n• Gold prices hit another record high on Monday, suggesting that interest rate cutsfrom the Federal Reserve are imminent.\n• Janet Yellen said G7 leaders are looking at plans to offer Ukraine a $50 billion loan using frozen Russian funds.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 0.38% to $79.28 a barrel.Brent crude, the international benchmark, fell 0.29% to $83.74 a barrel.\n• Goldedged higher by 0.66% to $2,433.40 per ounce.\n• The 10-year Treasury yield rose 2 basis points to 4.44%.\n• Bitcoinsurged 5.45% to $69,883.\nRead the original article onBusiness Insider', "Bitcoin (BTC)has made a strong rally, surging past the coveted $70,000 mark and touching $71,785, as spot buying and the growing interest in spot Bitcoin exchange-traded funds (ETFs) contributed to the bullish momentum.\nWhile some analysts havesuggestedthat certain indicators are showing market top patterns, the majority of on-chain indicators indicate the presence of a nascent bull market. The recent bounce in support near $60,000 has generated increased interest, with Farside Investors reporting inflows of approximately $950 million last week, a level not seen since March.\nBitcoin's 51% year-to-date gain aligns with investors' expectations of U.S. monetary expansion. The M2 monetary base in the United States surpassed $21.0 trillion in April 2024, indicating rising inflationary pressures despite some hesitancy in spending by individuals and companies. The strategies employed by the United States Federal Reserve to manage inflation and avoid a recession could impact liquidity and the attractiveness of scarce assets like Bitcoin.\nFurther fueling the bullish sentiment, BTC reserves on exchanges have hit a seven-year low,accordingto CryptoQuant data. As of May 19, major trading platforms held only 1,918,417 BTC, a significant decrease compared to the previous year. This scarcity, combined with the recent halving event that reduced the potential new supply from miners, makes it increasingly challenging to justify a bearish stance on Bitcoin.", "Bitcoin (BTC)has made a strong rally, surging past the coveted $70,000 mark and touching $71,785, as spot buying and the growing interest in spot Bitcoin exchange-traded funds (ETFs) contributed to the bullish momentum.\nWhile some analysts havesuggestedthat certain indicators are showing market top patterns, the majority of on-chain indicators indicate the presence of a nascent bull market. The recent bounce in support near $60,000 has generated increased interest, with Farside Investors reporting inflows of approximately $950 million last week, a level not seen since March.\nBitcoin's 51% year-to-date gain aligns with investors' expectations of U.S. monetary expansion. The M2 monetary base in the United States surpassed $21.0 trillion in April 2024, indicating rising inflationary pressures despite some hesitancy in spending by individuals and companies. The strategies employed by the United States Federal Reserve to manage inflation and avoid a recession could impact liquidity and the attractiveness of scarce assets like Bitcoin.\nFurther fueling the bullish sentiment, BTC reserves on exchanges have hit a seven-year low,accordingto CryptoQuant data. As of May 19, major trading platforms held only 1,918,417 BTC, a significant decrease compared to the previous year. This scarcity, combined with the recent halving event that reduced the potential new supply from miners, makes it increasingly challenging to justify a bearish stance on Bitcoin.", 'The U.S. Securities and Exchange Commission (SEC) appears to be leaning towards approving spot Ether exchange-traded funds (ETFs), prompting a surge in Ether’s value.\nEther traded as high as US$3,710 in the past 24 hours, according to CoinGecko.\nBloomberg analysts Eric Balchunas and James Seyffart have revised their approval probability from 25% to 75%, citing a rise in discussions about expedited 19b-4 filings, a critical step for ETF launches.\nThis potential regulatory shift has not only elevated Ether’s price but also spurred a wider market rally, with Bitcoin trading above US$70,000 for the first time since April.\nThe price jump and market optimism coincide with the SEC’s upcoming deadline to rule on VanEck’s spot Ether ETF application by May 23.\nWhile the market reacts positively, Seyffart warns that the necessary S-1 registration statements could still face delays.\nThe SEC’s evolving stance is influenced by expectations of a potential shift in crypto policies, including a recent cryptocurrency-supportive legislation.', 'Artificial intelligence (AI) took the world by storm since early last year. Software applications like ChatGPT are capable of instantly generating text, images, videos, and computer code through the power of AI, and they are driving a productivity boom for businesses.\nIn fact, some Wall Street forecasts suggest AI will add anywhere between $7 trillion and $200 trillion to the global economy in the coming decade.Nvidia, which designs the industry\'s most powerful data center chips for processing AI workloads, has already added over $1.8 trillion to its market capitalization since the start of 2023 alone.\nBut picking the long-term winners and losers won\'t be easy. Past technology revolutions (like the internet in the early 2000s) have taught us that for every Nvidia in the AI race, there will be several companies that fail. Here\'s the good news: Investors don\'t need a crystal ball to make money if they use one simple strategy.\nExchange-traded funds(ETFs) can hold dozens or even hundreds of individual stocks to either track the performance of a specific market index, or to give investors exposure to a specific sector. They are usually actively managed by a team of professionals who adjust the portfolio in line with the fund\'s objective, which allows investors to take a passive approach.\nThere are several ETFs focused specifically on AI, and by holding so many individual stocks, they insulate investors from catastrophic financial losses if one or two of those companies fail. That\'s a great feature when it comes to investing in emerging, fast-paced technologies.\nWith that in mind, here\'s why theGlobal X Artificial Intelligence and Technology ETF(NASDAQ: AIQ)and theiShares Robotics and Artificial Intelligence Multisector ETF(NYSEMKT: IRBO)are two excellent choices.\nThe AIQ ETF invests in companies that stand to benefit from integrating AI in their products and services, and also those producing the hardware required for AI development. It currently holds 84\xa0 stocks, which include some of the most popular AI names investors want to own.\nThe ETF is heavily weighted toward its top 10 holdings, which account for 34.9% of the total value of its portfolio. That creates some concentration risk, meaning AIQ\'s performance can be heavily influenced by just a few of these stocks:\n[{"Stock": "1. Nvidia", "AIQ ETF Portfolio Weighting": "4.38%"}, {"Stock": "2.Tencent", "AIQ ETF Portfolio Weighting": "4.08%"}, {"Stock": "3.Qualcomm", "AIQ ETF Portfolio Weighting": "3.50%"}, {"Stock": "4.Netflix", "AIQ ETF Portfolio Weighting": "3.44%"}, {"Stock": "5.Meta Platforms", "AIQ ETF Portfolio Weighting": "3.42%"}, {"Stock": "6.Alphabet (Class A)", "AIQ ETF Portfolio Weighting": "3.29%"}, {"Stock": "7.Amazon", "AIQ ETF Portfolio Weighting": "3.27%"}, {"Stock": "8.Alibaba", "AIQ ETF Portfolio Weighting": "3.26%"}, {"Stock": "9.Broadcom", "AIQ ETF Portfolio Weighting": "3.21%"}, {"Stock": "10.Oracle", "AIQ ETF Portfolio Weighting": "3.04%"}]\nData source: Global X. Portfolio weightings are accurate as of May 16, 2024, and are subject to change.\nConcentration risk aside, investors seeking to invest in AI won\'t be disappointed that Nvidia is the AIQ ETF\'s top holding. As I touched on earlier, AI development wouldn\'t be possible without its industry-leading GPUs for the data center.\nNetflix and Meta Platforms are examples of companies integrating AI into their existing services. Netflix uses the technology to power its recommendation engine, which feeds users content they might like to watch. Meta does the same thing on its social media platforms like Facebook and Instagram, but the company has also developed its own large language model (LLM) called Llama, which it\'s using to create products like the new Meta AI chatbot.\nOutside of its top 10, AIQ also holds other popular AI stocks likeMicrosoft,Tesla, andMicron Technology.\nThe AIQ ETF delivered a return of 37% over the past year, thanks to strong performances from stocks like Nvidia, Meta, and Netflix. That crushes the 27.4% return in theS&P 500index, and it also beats the 36.5% return in the tech-heavyNasdaq-100.\nIts longer-term return is equally impressive, having gained 17.7% compounded annually over the last five years. That compares to just 15.5% annually for the S&P 500.\nIf AI lives up to some of Wall Street\'s forecasts I mentioned earlier, the AIQ ETF will likely continue to outperform the broader market, so it\'s a great way to play this technological revolution.\nInvestors who are looking for a more conservative way to play the AI boom might want to consider the IRBO ETF. It invests in companies across the value chain of AI and robotics, including those developing hardware, software, and platforms that can benefit from those technologies. It invests in companies both in the U.S. and overseas.\nIRBO holds 109 different stocks, and it\'s far less concentrated than the AIQ ETF, which helps to smooth out any volatility the AI industry might experience. IRBO\'s top 10 holdings account for just 15.3% of the total value of its portfolio, but it still includes some of the must-have AI stocks:\n[{"Stock": "1.MicroStrategy", "IRBO ETF Portfolio Weighting": "2.38%"}, {"Stock": "2. Nvidia", "IRBO ETF Portfolio Weighting": "1.76%"}, {"Stock": "3.Arm Holdings", "IRBO ETF Portfolio Weighting": "1.56%"}, {"Stock": "4.Matterport", "IRBO ETF Portfolio Weighting": "1.46%"}, {"Stock": "5.Spotify", "IRBO ETF Portfolio Weighting": "1.44%"}, {"Stock": "6.Kawasaki Heavy Industries", "IRBO ETF Portfolio Weighting": "1.40%"}, {"Stock": "7.Megaport", "IRBO ETF Portfolio Weighting": "1.37%"}, {"Stock": "8.PB Fintech", "IRBO ETF Portfolio Weighting": "1.35%"}, {"Stock": "9. Qualcomm", "IRBO ETF Portfolio Weighting": "1.30%"}, {"Stock": "10. Meta Platforms", "IRBO ETF Portfolio Weighting": "1.27%"}]\nData source: iShares. Portfolio weightings are accurate as of May 16, 2024, and are subject to change.\nNvidia takes second spot in this ETF. At the top is MicroStrategy, which many investors might know as a proxy forBitcoinbecause the company holds around $14.4 billion worth of the cryptocurrency. However, MicroStrategy also has a portfolio of cloud-based software products designed to help businesses integrate AI into their workflows.\nArm Holdings is another important position for IRBO. The company helps some of the world\'s largest semiconductor companies design their chips, including Nvidia,Advanced Micro Devices, andApple.\nIRBO also invests outside the U.S. Kawasaki, for example, is a Japanese industrial giant with a large presence in robotics and automation. Then there is Megaport, an Australian software company that helps businesses connect their cloud networks globally.\nThe IRBO ETF delivered a return of just 10% over the past 12 months, so it\'s underperforming AIQ and the S&P 500. That\'s partly because it owns stocks likePeloton Interactive, which is down 43% over the past year, andBumble, which lost 28% of its value over the same period.\nThe drawback of an ETF with lower concentration risk is that it can\'t maximize returns from top-performing stocks like Nvidia, especially when other holdings are going the opposite way. However, it also means the ETF will minimize its downside if highfliers like Nvidia happen to reverse course. That\'s why the IRBO ETF might be a good choice for investors with a more conservative risk profile.\nBefore you buy stock in Global X Funds - Global X Artificial Intelligence & Technology ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Global X Funds - Global X Artificial Intelligence & Technology ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRandi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool\'s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors.Anthony Di Piziohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Bitcoin, Matterport, Meta Platforms, Microsoft, Netflix, Nvidia, Oracle, Peloton Interactive, Qualcomm, Spotify Technology, and Tesla. The Motley Fool recommends Alibaba Group, Broadcom, and Bumble and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\n2 Spectacular ETFs That Can Help You Capitalize on the Artificial Intelligence (AI) Boomwas originally published by The Motley Fool', 'Finding possibilities and possible hazards is equally important when making investments. Here, three stocks carry dangers that should be avoided before June to protect the portfolios. The first is a\xa0major\xa0participant in the retail industry, and its recent financial performance shows its difficulties. The company’s problems, which include a sharp fall in sales year over year and increasing net losses, point to fundamental problems that may impede its future growth.\nThe second company’s financial trajectory reveals weaknesses investors should know. Growing financial losses per share and continuing conflicts over governance indicate that the company’s basis is unstable. By recognizing this danger early, investors can protect themselves from future financial downturns.\nFinally, despite its reliance on market volatility, the third company — a\xa0major\xa0participant in theBitcoin(BTC-USD) market — offers\xa0a special\xa0possibility. Even though the company’s income has increased significantly during high volatility, it still confronts legal issues that might cause its operations to become unstable. After acknowledging the possible effects of market circumstances and legislative barriers on these companies’ leads, one can act decisively to sell the stocks.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: Shutterstock\nBig Lots’(NYSE:BIG) comparable sales experienced a significant decline of8.6% in Q4 2023.\xa0This indicates the company’s challenges in attracting and maintaining consumer sales, as it struggled to match the previous year’s sales volume. This decline in consolidated top-line is a red flag, signaling a deterioration in the company’s fundamental performance despite its efforts to stimulate growth through strategic moves.\nMoreover, the company’s net sales in Q4 reached $1.432 billion, down 7.2% from $1.543 billion in Q4 2022. Despite the advantage of an extra 53rd week, this decline suggests difficulties maintaining or increasing sales volume. Hence, the inability to sustain or raise net sales is a major barrier to quick development.\nFurther, in Q4, there was a net loss of $30.7 million, or $1.05 per share. This covers significant expenses for project-related costs, impairment charges and distribution facility closures. If these were removed, the adjusted net loss would have remained at$8.3 million, showing ongoing underlying financial difficulties.\nThe year-long, substantial net losses indicate underlying problems that may hinder future growth if not fully and sustainably resolved.\nSource: Sergei Elagin / Shutterstock.com\nThe net loss per share ofTrump Media & Technology(NASDAQ:DJT) indicates a declining trend in financial stability. Redeemable shares had a basic and diluted net loss per share of$0.49 in 2023. Meanwhile, non-redeemable shares saw a $0.99 loss per share. In contrast, in 2022, the net loss per share for redeemable and non-redeemable shares was $0.39 and $0.53. In short, the rising net loss per share over the last two years reflects a worsening financial state. Thus, losses widened by $0.10 and $0.46 per share for redeemable and non-redeemable shares.\nAdditionally, looking at theBradford Cohen dispute, Cohen has asserted claims regarding the rights to capitalization.\xa0This\xa0involves disagreements over the terms and conditions under which\xa0capital or shares were raised. Cohen demanded the inspection of Trump Media & Technology’s books and documents, signaling the need for more integrity and possible problems with governance.\nFinally, there isPatrick Orlando’s legal disputeabout share conversion ratios. The conditions under which some share classes may be changed into others, impacting the company’s control and equity structure, are perhaps at the heart of this disagreement.\nSource: Primakov / Shutterstock.com\nCoinbase’s(NASDAQ:COIN) top-line is massively influenced by extreme volatility in the crypto ecosystem, as its dependence has fundamental drawbacks. Here, periods of low volatility may result in considerable drops in revenue. However, periods of high volatility can also lead to massive fluctuations in revenue. For instance, sequentially, transaction revenue increased by103% in Q1 2024to $1.1 billion. Higher cryptocurrency asset volatility and rising prices, especially in March, were blamed for this spike, boosting revenue by 72% sequentially to $1.6 billion.\nAdditionally, with $330 billion in customer-safeguarded assets\xa0at the end of Q1, the business had 12% of the global cryptocurrency market capitalization.\xa0This\xa0reflects that Coinbase has significantly entwined operations with the state of the market. Hence, March’s increased volatility in cryptocurrency assets was the primary cause of the substantial spike in transaction income.\nLastly, significant revenue declines might result from a lengthy bear market or a deterioration in market conditions. Significant legal ambiguities surround Coinbase, which might impede its expansion and stability. Therefore, the company is preparing for arigorous discovery phasethat will last the rest of 2024 because of its continuing hustle with the SEC.\nOn the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nYiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postCash Out Before the Crash: 3 Stocks to Sell Before Juneappeared first onInvestorPlace.', '$MoneyMan is a narrative in the making, a live epic tale where the community isn\'t just an audience but active scriptwriters and cast.\nLos Angeles, CA, May 21, 2024 (GLOBE NEWSWIRE) -- As the digital dawn spreads its light over the crypto landscape, a new hero emerges from the vibrant heart of the DeFi space, capturing the essence of meme magic while paying tribute to Bitcoin, the patriarch of cryptocurrencies.\nIntroducing $MoneyMan, the bull-market beast with a BTC pendant, a symbol of both reverence and revolution. Sponsored by the dynamic collective of "The Crypto Alliance," $MoneyMan isn’t just another meme coin; it\'s the embodiment of a movement, a cultural phenomenon born directly from the community it serves.\nThe $MoneyMan project just kicked off its presale (5/15/24) with a resounding impact, signaling its ambition to not only participate in the market but to dominate it. Seize the opportunity to join this meme mania; 2024, set to bring back to the Ethereum blockchain. With a total supply capped at a symbolic 21 million tokensâ€”nodding to Bitcoin\'s own limited supplyâ€”$MoneyMan is poised to create waves of scarcity and desire, fueling a frenzy among investors and enthusiasts alike. The project has already started to generate a buzz within industry circles, earning accolades and anticipation from some of the biggest names across various platforms.\nWhat sets $MoneyMan apart is its organic inception within the DeFi space, unlike its predecessors that rode the wave of external popularity. $MoneyMan is a narrative in the making, a live epic tale where the community isn\'t just an audience but active scriptwriters and cast. Every holder, every supporter, every believer has a stake in the direction and success of $MoneyMan, making it a truly communal token with the potential to reshape the meme coin sector.\nIn an era where the crypto market is eagerly awaiting the next bull run, $MoneyMan stands out with its distinctive green allureâ€”embodying both the literal and metaphorical bull of investor sentiment. As memes carve their niche as indispensable cultural cornerstones of the DeFi ecosystem, $MoneyMan is perfectly positioned to lead this evolution. With its roots deeply embedded in community and innovation, $MoneyMan isn\'t just aiming for a billion-dollar market cap; it\'s setting the pace for the future of decentralized finance.\nFor those looking to make their mark, to find a community where their voice and vision can contribute to collective success, $MoneyMan offers more than an investment; it offers an adventure. As part of $MoneyMan\'s community, every individual is poised to play a pivotal role, no matter how big or small. This isn’t just a token; it’s a ticket to being part of crypto history in the making.\nAbout $MoneyManJoin the charge as $MoneyMan takes the lead in this exciting new phase of crypto evolution. Where many see just a coin, the wise see a revolution. Stake your claim in the $MoneyMan saga, and let’s ride the bull market to legendary heights together!\nTelegram:https://t.me/MoneyMan_Token\nWebsite:https://www.moneymantoken.com\nX (Twitter):https://x.com/MoneyManToken\nDisclaimer: This is a press release and does not contain any financial advice. Readers should do their own research before taking any actions related to the company mentioned. You are solely responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release. Cryptocurrency is volatile.\nCONTACT: Brian A. ceo (at) moneyman.com', 'The price-action in some speculative stocks in the recent past is signaling the possible return of the meme stock euphoria. Stocks likeNovavax(NASDAQ:NVAX) doubled overnight, and the rally has even increased. It’s, therefore, a good time to make quick money by holding positions in some cheap speculative stocks.\nSince we are talking about speculative ideas, the risk (beta factor) is high. Even if there is a euphoria inmeme stocks, I would limit portfolio exposure to 5% to 10% to these speculative bets. At the same time, it’s important to scan through names among speculative stocks that represent companies with reasonable fundamentals.\nAnother factor that’s likely to support a rally for cheap speculative stocks is potential rate cuts. I expect the first rate cut to happen before Presidential elections. Easy money policies encourage speculation across asset classes and equities will benefit. Therefore, let’s talk about three ideas poised to double in the blink of an eye.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: T. Schneider/ Shutterstock.com\nDespiteBitcoin(BTC-USD) trending higher,Riot Platforms(NASDAQ:RIOT) stock has been sideways in the last 12 months. The fundamentally strong Bitcoin miner trades at a forward price-earnings ratio of 18.3. This is a good accumulation opportunity, and 100% returns are likely in the blink of an eye.\nRegarding the fundamentals, Riot has a cash buffer of $1.3 billion (including the value of Bitcoin holdings). Further, the company has a zero-debt balance sheet. This positions Riot to pursue aggressive expansion plans translating into stellar revenue and cash flow growth.\nTo put things into perspective, Riot ended Q1 2024 with a hash rate capacity of 12.4EH/s. By the end of the year, the company expects capacity to swell to 31.5EH/s and further to 40.8EH/s by the second half of 2025.\nWith Riot being a low-cost Bitcoin miner, there is visibility for robust cash flows, given the expansion plans. The cash buffer is, therefore, likely to remain strong and support the company’s target to achieve a capacity of 100EH/s by 2027.\nSource: T. Schneider / Shutterstock.com\nJoby Aviation(NYSE:JOBY) stock has been subdued in the last 12 months. This is a golden accumulation opportunity with the commercialization of the company’s flying car due in 2025. JOBY stock price action is a calm before the storm.\nAn important point to note is that the eVTOL industry is nascent. The early-movers are likely to have a big advantage and Joby is well positioned to benefit. I would not be surprised if the stock delivers 3x to 5x returns within the next 18 months.\nRegarding certifications, Joby claims to be the first “electric air taxi company to have theirfinal airworthiness criteriapublished by the FAA.” Joby has also completed 1,500 full-scale eVTOL flights.\nWith $924 million in cash and short-term investments, Joby is targeting production ramp-up. The target is to develop scaled manufacturing facilitiescapable of producingup to 500 aircraft per year. This will support revenue upside in 2025 and beyond. Further, aggressive international expansion will be supported as annual production is scaled-up. Joby already has agreements for expansion in the UAE.\nSource: T. Schneider / Shutterstock.com\nPlug Power(NASDAQ:PLUG) stock has witnessed a deep correction of 60% in the last 12 months. While the outlook remains positive for the hydrogen economy, PLUG stock has crashed on financing and project execution concerns. However, there finally seems to be a catalyst for a strong reversal rally.\nRecently, Plug Power received aconditional commitment loan guaranteefrom the U.S. Department of Energy worth $1.66 billion. The funds will be utilized to develop, construct and own up to six green hydrogen production facilities. This backing by the U.S. DoE will provide confidence to investors.\nIt’s also worth noting that Plug Power is pursuing projects beyond the U.S. In May, the companysigned a contractwithAllied Green Ammoniafor a 3GW electrolyzer plant in Australia. The company has also received its first internationalsafety and performance certificationin Korea for electrolyzer manufacturing. With these positive developments, I am bullish on a sharp rally from deeply oversold levels.\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe $10 Stock Jackpot: 3 Speculative Plays That Could Double Overnightappeared first onInvestorPlace.', 'LAS VEGAS, May 21, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), reported its financial results for the first quarter ended March 31, 2024, which were disclosed on a quarterly report on Form 10-Q filed yesterday with the Securities and Exchange Commission.\nFirst quarter 2024 highlights include:\n• Total revenue increased 55% to $44.9 million, compared to $28.9 million in the prior year’s first fiscal quarter;\n• Revenue of approximately $3 million from Ault Global Real Estate Equities, Inc. ("AGREE"), was not included in the total revenue of $44.9 million as the assets of AGREE were classified as discontinued operations as they were previously held for sale;\n• Revenue from digital assets mining increased 56% to $11.4 million, compared to $7.3 million in the prior year’s first fiscal quarter;\n• Revenue from lending and trading activities increased to $9.1 million, compared to negative $4.9 million in the prior year’s first fiscal quarter;\n• Gross margins improved to 43%, compared to 9% in the prior year’s first fiscal quarter;\n• Operating expenses declined 41% to $19.1 million, compared to $32.3 million in the prior year’s first fiscal quarter;\n• Income from operations improved to $0.4 million, compared to a loss from operations of $29.9 million in the prior year’s first fiscal quarter;\n• Total assets of $299.8 million as of March 31, 2024; and\n• Net income available to common stockholders of $2.5 million, compared to a net loss available to common stockholders of $48.9 million in the prior year first fiscal quarter.\nMilton "Todd" Ault III, the Founder and Executive Chairman of Ault Alliance, expressed optimism about the Company’s trajectory, noting, "We are beginning to see the results of our commitment to focusing on and strengthening our key assets, as three of our main reporting segments,Sentinum, Inc.("Sentinum"), Technology and Finance ("Fintech") and Energy and Infrastructure ("Energy"), all reported positive income from operations for the fiscal quarter ended March 31, 2024. Only the Energy segment reported positive income from operations during the comparable period for the prior quarter. However, we recognize that the next few quarters may present fluctuations in our results, due to variables such as Bitcoin volatility and difficulty as well as the dynamic, evolving artificial intelligence ("AI") industry, which we anticipate will significantly impact our future operations."\nFurther emphasizing its commitment to technological advancement, Sentinum has made substantial investments in its Michigan data center (the "MI Facility"), aiming to extract the maximum possible value from the growing AI industry. This state-of-the-art facility spans 34.5 acres with 617,000 square feet, including 14 acres under roof, and boasts a current capacity of approximately 30 megawatts ("MWs") of power. However, the MI Facility has the opportunity to expand to 300 MW, subject to the Company’s receipt of necessary approvals and adequate funding, which it may or may not obtain. The Company expects the MI Facility to dramatically enhance sales and profitability. Sentinum is seeking to enter into long-term leases with AI tenants for the MI Facility, which will be expected to range between seven and ten years, positioning this center to be a long-term major growth engine for the Company.\nAult Alliance is strategically positioning itself to capitalize on technological advancements in AI, with its Sentinum business segment expected to be a key growth driver. "The AI revolution is underway, and our investments in the MI Facility are positioning us to be a significant player in this burgeoning industry," added Mr. Ault.\nAult Alliance is committed to minimizing equity issuance and currently plans to finance the significant expansion of the MI Facility primarily through debt. This strategy aligns with the Company’s fiscal goals and supports the expanding AI industry, ensuring capital efficiency and sustainable growth.\nThe Company also notes that its Fintech segment continues to experience, and is expected to continue to experience, wide fluctuations in its profitability as its positions are marked to the market.\nReflecting on the strategic plan launched in 2017 to acquire assets and grow the Company’s topline across multiple sectors, Mr. Ault highlighted the long-term vision, "It has been a bumpy road, but we remain steadfast in our mission to build on our core businesses and capitalize on emerging opportunities. By the end of 2027, assuming that we leased the Michigan data center and the power generated there were upgraded to 300 MW, we would expect revenues to exceed $500 million with gross margins in excess of 50%. The Company expects the large majority of this growth to be driven by Sentinum and its data center operations."\nFor more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor available atwww.sec.gov.\nAbout Ault Alliance, Inc.\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.Ault.com.\nForward-Looking Statements\nThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.\nForward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240521220491/en/\nContacts\nAult Alliance Investor Contact:[email protected] 1-888-753-2235', "SINGAPORE,May 21, 2024/PRNewswire/ -- Alchemy Pay, the leading fiat-cryptopayment solution provider, is set to launch its latest venture,the Web3 Digital Bank. This new initiative will offer global Web3 businesses a compliant, easy, and reliable means toopen and operate multi-fiat accounts, streamline cash flows within a single account, andfacilitate seamless conversions between fiat andcryptocurrency.\nThis fresh initiative, inspired by Ripple's model for cross-border payments, addresses key challenges while introducing innovative solutions. Web3 companies have long faced urgent needs and significant challenges in managing cross-border payments and transactions between fiat andcryptocurrencies. Although numerous products have been developed to tackle these issues individually, only a few have successfully managed to tackle both at the same time. With the launch of the Web3 Digital Bank, Alchemy Pay is taking a significant step forward in fulfilling these dual requirements simultaneously.\nLeveraging its existing licenses and compliance capabilities, Alchemy Pay is well-positioned to introduce online payment and banking solutions for businesses within regulatory frameworks. The integration of Alchemy Pay's proven and user-friendly ramp product into its banking offerings allows for seamless conversions between fiat andcryptocurrencieswithin a single bank account. With extensive experience incryptopayments, Alchemy Pay is poised to deliver an advanced banking product that enables businesses to efficiently manage multiple fiat accounts and convert fiat intocryptothrough the same platform. In essence, Alchemy Pay has transformed into a true Web3 bank, expanding financial possibilities through its innovative banking system equipped with fiat-cryptoconversion ramps.\nThe account opening feature offers a seamless solution for those seeking a multi-fiat currency account. Initially supporting EUR and USD, this feature enables smooth transitions between these two currencies. Leveraging Alchemy Pay's expertise and proficiency in bridging fiat andcrypto, EUR and USD balances within this account can be instantly transferred to stablecoins like USDT and USDC, thereby elevating borderless finance to a whole new level and paradigm in this new market cycle.\nThecryptoworld has witnessed significant developments in recent months. OnMay 20th, SEC asked exchanges to expedite19B-4 filings for Spot Ether ETFs, increasing the odds of its approval. Earlier, onApril 30th, the Securities and Futures Commission ofHong Konggranted approval and greenlit the official trading for the inauguralBitcoinand Ether spot ETFs.\nEchoing these thrilling progress that pushescryptocurrencytowards broad acceptance and brings a new wave of investment opportunities, the Alchemy Pay Web3 digital bank also acts as a central hub aiding Web2 companies interested incryptoindustry investments. Through Alchemy Pay, companies are able to invest directly in their desiredcryptotargets through fiat currency as part of their corporate assets. Serving as the bridge between fiat andcryptoglobal economies, Alchemy Pay is dedicated to offer real-world services that seamlessly link Web2 and Web3 for businesses and users worldwide, promoting a more inclusive and equitable financial landscape.\nTo date, Alchemy Pay steadily keeps building its extensive Web3 payment ecosystem by deeply integrating licensing resources and global compliance credentials. This strategy involves expanding alternative payment methods (APMs) globally to augment service capabilities and introducing a range of payment products designed for various market needs. With over 440 high-quality business partners and a track record of serving numerous prominent project partners across blockchains, exchanges, wallets, games, andDeFilike Polygon, Stellar, Arbitrum, ICP, TON, Celo, Lido, Trust Wallet, OKX, Bitget, etc., Alchemy Pay has facilitated seamless access to thecryptoworld for millions of users.\nLooking ahead, its newly developed banking products will further support enterprises venturing into thecryptofield, solidifying its role in facilitating business transactions within thecryptosphere.\nIn recent, Alchemy Pay revealed its investment in LaPay UK Ltd, through which itsecured an Authorized Payment Institution (API) License, regulated by the Financial Conduct Authority (FCA). This API license authorizes the undertaking of business operations such as remittance, payment processing, and account management within the UK. Alchemy Pay also announced its collaboration with Victory Securities (stock code: 8540. HK), the first licensed corporation approved by the Securities and Futures Commission (SFC) ofHong Kongto provide virtual asset trading and advisory services to retail investors, to optimize the investing journey for users, particularly in the recently listedBitcoinand Ether spot ETFs inHong Kong.\nAbout Alchemy Pay\nFounded inSingaporein 2017, Alchemy Pay is a payment gateway that seamlessly connectscryptowith traditional fiat currencies for businesses, developers, and end users. With its On & Off Ramp solution,CryptoCard, Web3 Digital Bank, NFT Checkout, andCryptoPayments, Alchemy Pay supports payments in 173 countries.\nThe Ramp is a one-stop solution to buy and sellcryptoand fiat, easily integrated by platforms anddAppsaccording to requirements. TheCryptoCard solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. The Web3 Digital Bank offers an innovative solution, allowing Web3 enterprises to open multi-fiat accounts and facilitating instant conversion between fiat andcryptocurrencies.\nACH is the Alchemy Pay network token on theEthereumblockchain.\nWebsiteTwitterLinkedInMediumYouTubeTelegramDiscord\nView original content to download multimedia:https://www.prnewswire.com/news-releases/alchemy-pay-set-to-launch-web3-digital-banking-solution-for-enterprises-302151269.html\nSOURCE Alchemy Pay", 'Updated at 4:34 PM EDT by Rob Lenihan\nStocks ended on an up note Tuesday, with both the Nasdaq and S&P 500 closing at record highs, as investors looked ahead to AI chip giant Nvidia\'s first quarter earnings.\nThe S&P 500 rose 0.25% to 5,321.41, while the tech-heavy Nasdaq gained 0.22% at 16,832.62. The Dow Jones Industrial Average finished up 66 points, or 0.17%, to 39,872.99.\nMeanwhile, Nvidia is scheduled to report first quarter earnings after the close of trading Wednesday.\nBespoke Investment Group said that if Nvidia meets its $24.7 billion sales estimates, year-over-year sales growth for the first quarter will more than 243% since the company only had sales of $7.2 billion a year ago.\n"Sales growth of 243% is part of the reason why NVDA has a $2+ trillion market cap!" the firm said.\nBespoke said investor should "expect fireworks regardless of where the earnings numbers come in."\n"Historically, NVDA shares have seen an average absolute move of +/-8.97% on Q1 earnings reaction days," the firm said. "If that "average" is met, NVDA will see its market cap swing by +/-$200 billion or so on Thursday."\nUpdated at 12:31 PM EDT\nTesla(TSLA)shares jumped nearly 4% in mid-day trading after Morgan Stanley analyst Adam Jonas published a new report on the carmaker that argues Elon Musk "needs Tesla more than ever before.”\nJonas said Musk\'s AI-related ambitions, tied to the host of companies he runs, will increasingly rely on lower-cost capital that can only come from a successful Tesla.\n“In addition to the cost of capital, we believe on a fundamental level that the data, infrastructure built and path to monetization within Tesla is critical to Musk’s seemingly ‘adjacent’ AI efforts," Jonas wrote.\nTesla shares were last marked 3.94% higher in afternoon trading and changing hands at $181.85 each.\nUpdated at 10:25 AM EDT\nIBM(IBM)shares jumped 2.1% in early trading, extending their six-month gain to around 13%, after the cloud-focused tech group\xa0 unveiled a deal with Saudi Arabia to train a new Arabic-language AI system.\nIBM also opened its \'Granite\' suite of AI models to company-specific customizing, providing a contrast to the closely-held systems of rival Microsoft MSFT.\nUpdated at 9:38 AM EDT\nThe S&P 500 was marked 5 points lower, or 0.09%, in the opening minutes of trading, with the Nasdaq falling 43 points, or 0.26%.\nThe Dow, meanwhile, was essentially unchanged from last night\'s 39,812 points close.\nUpdated at 9:10 AM EDT\nFederal Reserve Governor Christopher Waller told an event in Washington that the recent easing of inflation pressures suggests "further increases in the policy rate are probably unnecessary."\n"The economy now seems to be evolving closer to what the Committee expected," Waller said. "Nevertheless, in the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy."\nCheck back for updates throughout the trading day\nStocks were mixed at the close of trading Tuesday as well, with the Dow ending nearly 200 points lower and recording its worst day of the month following a 4.5% decline in shares of JPMorgan(JPM).\nStill, the market\'s key volatility gauge, the CBOE Group\'s VIX index, is trading near the lowest levels since the pandemic, suggesting little concern for geopolitical risks or major economic releases over the coming weeks.\nThe VIX index was last marked 4% higher in the overnight session at $12.47, a level that suggests traders are expecting daily swings of 0.78%, or 41 points, for the S&P 500 over the next month.\nNvidia\'s(NVDA)first quarter earnings, due after the close of trading Wednesday, could alter that dynamic, as Wall Street analysts continue to nudge their profit and outlook forecasts heading into the release.\n"With investor expectations becoming ever more optimistic, any signs of cracks appearing in the demand profile could serve to cause an outsized upset in market performance whilst a continued bullish message could see US markets attain new highs," saidLindsay James, investment strategist at London-based Quilter Investors.\nTuesday\'s session, however, looks set for a muted open with futures contracts tied to the S&P 500 indicating a modest 5 point opening bell gain and those linked to the Dow Jones Industrial Average priced for a 28 point advance.\nThe tech-focused Nasdaq, meanwhile, is called 2 points lower following last night\'s 109 point gain.\nRelated: Analysts race to revamp Nvidia price targets ahead of earnings\nPalo Alton Networks(PANW)were a notable early mover, falling nearly 8% in premarket trading, after\xa0the cybersecurity group\xa0issued a downbeat forecast that clouded its third-quarter earnings beat.\nLowe\'s Companies(LOW)rose 2.3% after the Home Depot(HD)rival posted stronger-than-expected fiscal-first-quarter earnings, despite a 4.1% decline in same-store sales and stuck to its full-year profit forecasts.\nMacy\'s(M)tumbled 6.8% after the retailer posted stronger-than-expected fiscal-first-quarter profit but noted a 3.7% slide in overall sales and issued a muted near-term forecast.\nBitcoin prices were also on the move, rising to $71,700 each in the early session, amid speculation that opposition to an ether spot ETF from U.S. regulators is easing.\n"The chance of approval remains low - just 10% by June, although year-end probabilities have ticked higher following a Coinbase analyst writing that the market may be \'underestimating the Last 60 Days of Bitcoin's Closing Prices:* [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,400,587,784,212 - Hash Rate: 570399147.4889922 - Transaction Count: 545041.0 - Unique Addresses: 508542.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hotter-than-expected wage growth figures today dealt a blow to hopes of a June interest rate cut. The earnings update came as it emerged that the UK jobless rate crept up to its highest level for nearly a year. Vodafone, Flutter Entertainment, Currys and Greggs have also published results or trading statements today. Tuesday 14 May 2024 17:47,Simon Hunt The FTSE 100 returned to making gains on Tuesday but finished just short of a record close price. The index’s soaring increases from last week have mellowed significantly but trading was still positive despite concerns over stubborn UK wage inflation data from the Office for National Statistics. London’s top index finished 13.14 points, or 0.16%, higher to end the day at 8,428.13. TheGermanDax index was down 0.09% at the close and the Cac 40 inFranceended up 0.2%. Joshua Mahoney, chief market analyst at Scope Markets, said: “The FTSE 100 provides one bright spot within an otherwise downbeat session in Europe, withVodafoneand Ocado the two dominant gainers. “European markets have also had to contend with the latest UK jobs report, with theBankof England likely concerned at the combination of stubbornly high wages and the joint highest unemployment rate in over two years.” Tuesday 14 May 2024 14:39,Michael Hunter Wall Street stock markets made a steady start to trade, with investors only halfway through a two-day run of inflation data likely to determine direction in the near term. The producer price index came in with a hotter-than-forecast monthly rise. Attention is already on tomorrow’s consumer price index. Both readings will influence the timing of an interest rate cut from the Federal Reserve. The likelihood of action has moved further back into the year and the jury remains out on when it may come. In the meantime, the broad-based S&P 500 ticked up by just under three points to 5,244.53. Tuesday 14 May 2024 14:31,Michael Hunter After US producer price inflation data was higher than expected for April, attention is turning to the reading of the consumer price index due tomorrow. With Wall Street indices holding steady today, there was some speculation that after Wednesday’s CPI, investors may take a long summer pause. David Morrison at Trade Nation said: ““If there’s no improvement in this week’s inflation numbers, then investors may feel it’s a good time to cut their exposure and come back in early September.” That is when the chairman of the US Federal Reserve hosts a meeting of fellow central bankers at a famous beauty spot called Jackson Hole. There is usually a set-piece speech, and this year’s event is seen as the likely venue for a major signal on the timing of a Fed rate cut. Tuesday 14 May 2024 13:37,Michael Hunter The month-on-month rise in US inflation for April has come in higher than expected, feeding into the debate on the timing of an interest rate cut in the US. The core producer prices index rose 0.5% from March, stronger than the 0.2% expected. On an annual basis, it came in bang in line with forecasts at 2.4%. The hotter-than-forecast monthly reading will play into speculation on the timing of the the first US rate cut of the current monetary policy cycle. It is one of the main themes over global markets at the moment. Futures markets took the data in their stride, pointing to a modest opening rise of four points for the S&P 500. Tuesday 14 May 2024 12:13,Michael Hunter Here’s a snapshot of the main action on global markets in the middle of the London trading day. There is a cautious mood at work, boosting gold and keeping the lid on stocks and the pound. Tuesday 14 May 2024 11:49,Simon Hunt Greggs is poised to deepen ties with its biggest franchise partners after Britain’s best-known baker said it planned to open dozens more sites in key transport locations such as rail and petrol stations. The London-listed business said it had opened 64 new stores since the start of the year, of which around a quarter were with franchisees, and planned to open up to 160 in total by the end of the year. Like-for-like sales rose 7.4% to £693 million. Greggs boss Roisin Currie said Asda had been the firm’s biggest franchise partner to date, with kiosks in its supermarkets and petrol forecourts, alongside EG Group and Rontec’s forecourts. “Our strategy is to be available to customers wherever they want to shop with us,” she told the Standard. “What [on-the-go] customers purchase is the same as they purchase on the High Street. “We currently have 16 franchise partners and hope to have a pipeline of more for the next couple of years.” Read more here Tuesday 14 May 2024 11:02,Michael Hunter Another fast-growing firm from London’s tech sector is being taken private in a multi-million pound transatlantic private equity bid. IQGeo, which provides the software used to power next-generation telecoms networks, is being bought by legendary US private equity house KKR for £333 million. The all-cash takeout bid is priced at 480p per share. The stock closed at 405p yesterday. It leapt 65p, or over 16%, to 463p this morning. The offer premium is of around 48% compared to the stock’s twelve-month volume weighted average price of 325p, according to the bid announcement. “KKR sees an opportunity to accelerate IQGeo's transition towards a recurring software centric business model and the development of IQGeo's future product roadmap under private ownership”, it said today. “IQGeo's sector is developing rapidly, as fibre and grid infrastructure are undergoing major transformation and upgrades to deliver against national connectivity and sustainability goals”, it added. Tuesday 14 May 2024 10:25,Graeme Evans Bid target Anglo American today revealed it will exit diamond, platinum and coal mining as part of its most radical overhaul in decades. The shock plan comes as Anglo battles to convince shareholders of its standalone future, having yesterday rejected an improved £34 billion approach by Australia’s BHP. Anglo believes it can unlock significant value by focusing on a simplified portfolio of “world-class assets” in copper and premium iron ore. The strategy will see Anglo offload its interest in the De Beers diamonds business and also seek a partner for the vast Woodsmith potash development in North Yorkshire. Anglo shares were 2% or 60.5p lower at 2646.5p, representing a slight easing of the bid premium since BHP disclosed its interest last month. The decline for Anglo came in a robust session for the FTSE 100 index, with the support of heavyweights HSBC and BP helping the top flight to rise 14.20 points to 8429.19. DCC shares posted the biggest fall after the Dublin-based owner of operations in healthcare, energy and technology reported a slight drop in annual profit to £423.7 million. It hiked its dividend by 5% to mark 30 consecutive years of growth but shares retreated 5% or 285p to 5620p, a decline that erased the strong gains of the past month. The FTSE 250 index lifted 8.80 points to 20,569.14, with Hochschild Mining up 2p to 159.8p after achieving the first commercial production at its Mara Rosa gold mine in Brazil. Among the minnows, Angling Direct jumped 2.3p to 37p as the fishing tackle retailer reported a resilient start to the financial year alongside a surge in annual profit to £1.5 million. Tuesday 14 May 2024 09:53,Simon Hunt Vodafone today said it was set to lose more than 4 million customers in Germany as the telecoms giant prepared for a 400 million euro knock from regulatory change in its biggest market. The Paddington-based business said it anticipated it would only retain about half of its 8.5 million TV customers based in multi-dwelling units following new laws on those contracts which come into effect in July. The customers are currently worth around 800 million euros annually to the business. Vodafone CEO Margherita Della Valle said the regulatory changes had been long-anticipated and the business was prepared to adapt. “This year is going to be a year of transition because of this,” she told the Standard, adding that the German business, which accounts for around two-fifths of the group’s revenue, would be in growth excluding the TV contract losses. “We have a team in Germany focused on driving growth in other segments.” Read more here Tuesday 14 May 2024 08:59,Simon Hunt One hour into the day’s trading session in London, the FTSE is flat while Bitcoin is down almost 2% on yesterday. Here’s a look at your key market data. Tuesday 14 May 2024 08:57,Graeme Evans Vodafone is the best performer in the FTSE 100 index, with London’s former biggest company up 3% or 2p at 72p for its highest level since December. Chief executive Margherita Della Valle said the group performed slightly ahead of expectations in the financial year, including service revenue growth of 6.3%. BT Group shares rose 1.3p to 110.25p ahead of its own results on Thursday, with HSBC, Centrica and BP among the other blue-chip risers. On the fallers board, Flutter Entertainment dropped 3% after its first quarter update and Dublin-based conglomerate DCC retreated after annual results. The latter hiked its dividend by 5%, marking 30 consecutive years of growth. The FTSE 100 index and FTSE 250 are both close to their opening marks at 8415 and 20,561 respectively. Tuesday 14 May 2024 07:57,Michael Hunter Marston’s reported a rebound in sales across its 1,400-strong pub chain today, as operating profit rose, helped by its “predominantly freehold pub estate”. Operating profit from the pub chain was up to £52.7 million from £43.1 million in the half-year to March 30. It said there was “good momentum across food and drink sales” with like-for-like sales up over 7%, “outperforming the broader market”. Underlying margins up to 12.3% from 10.6% at the operator of over 1,000 pubs.. Justin Platt, CEO called the outlook for the second half “encouraging”, adding: “With a number of 'must not miss' major sporting events, our massively upgraded pub gardens and much-loved food menus, we expect our pubs to be very popular this summer." Tuesday 14 May 2024 07:47,Graeme Evans Capital Economics said today’s wage growth update is probably still a bit too strong for the Bank of England’s liking, adding that it may make policymakers a bit more uneasy about cutting interest rates in June. Despite the loosening in the labour market, the three-month year-on-year rate of average earnings stayed at 5.7% in March compared with the 5.5% forecast, The consultancy added: “The Bank will be paying close attention to April’s pay settlement figures (due later this month) for further signs that wage growth will continue to moderate in the coming months.” Today’s 178,000 fall in employment in the three months to March was a bit smaller than many expected but the unemployment rate still rose in line with forecasts from 4.2% to 4.3%. Tuesday 14 May 2024 07:27,Simon Hunt Vodafone’s profits fell by 75% in the 12 months to the end of March amid a series of transactions as the telco giant adjusts its presence in Europe. The firm, which in recent months has sold its Spain and Italy divisions and plans a merger with Three in the UK, said its operating profit decrease of 74.6% to €3.7 billion primarily reflects business disposals in the prior financial year, in particular the €8.6 billion gain on disposal of Vantage Towers. But the firm said it had seen good organic service revenue growth of 6.3% and its business division – a key growth driver – achieved 5.4% revenue growth in the fourth quarter. CEO Margherita Della Valle said: “A year ago, I set out my plans to transform Vodafone, including the need to right-size Europe for growth. Since then, we have announced a series of transactions and we are now delivering growth in all of our markets across Europe and Africa.“Much more still needs to be done in the year ahead. We will step-up investment in our customer experience, improve our underlying performance in Germany and accelerate our momentum in Business, whilst also continuing to simplify our operations throughout the group. We are fundamentally transforming Vodafone for growth.” Tuesday 14 May 2024 07:24,Graeme Evans The UK unemployment rate continues to edge up after the Office for National Statistics today reported a level of 4.3% for January to March. The economic inactivity rate for people aged 16 to 64 years was estimated at 22.1%, representing an increase in the latest quarter. Annual growth in employees' average regular earnings was 6%, or 5.7% when including bonuses. Both figures were higher than City estimates. Tuesday 14 May 2024 07:21,Simon English Flutter, the owner of Paddy Power, fell to a loss of $177 million in the fourth quarter after accounting related hits of $356 million. It said the US arm remains strong despite “unfavourable sports results in the second half of March”. Revenue in the three months to March were up 16% to $3.4 billion for the New York listed business. Chief executive Peter Jackson said: “We have had an excellent start to the year. In the US, FanDuel's top line momentum is translating into strong growth… in US and market share gains. We are focused on continuing to expand our player base, market share, and embedding future profits within our business through disciplined investment. Outside of the US, our focus on delivering the best products for our players is driving good momentum in key markets such as the UK.” Flutter moved its main stock listing to the US this month, in what was seen as a blow to London. Jackson added: “We believe a US primary listing is the natural home for the Group and we look forward to this becoming effective on May 31. With a greater proportion of the Group's future profits expected to be generated in the US, we have moved our operational headquarters to New York reflecting the importance of the US sports betting and iGaming market to our business." Tuesday 14 May 2024 07:15,Graeme Evans The cautious mood is set to continue after Wall Street markets closed barely changed and futures pointed to a lower start for the FTSE 100 index. London’s top flight fell 0.2% yesterday and is forecast by IG Index to lose another 12 points towards 8400, having set a series of record highs last week. The prospect of tomorrow’s US inflation reading and today’s producer price data meant US investors stayed on the sidelines to leave the S&P 500 index barely changed. One of the biggest moves was by Walgreens Boots Alliance, which rose 5% after Bloomberg reported the company is looking for buyers for its UK pharmacy and beauty chain. On commodity markets, Brent Crude is slightly higher at $83.50 a barrel while copper continues to move higher after yesterday’s latest two-year record. Tuesday 14 May 2024 06:47,Simon Hunt Good morning from the Standard City desk. The FTSE 100 stepped back from its recent record-breaking spell on Monday, finishing in the red following a broadly cautious trading session. The index opened slightly higher but dipped as traders saw an opportunity to sell stocks and take profit after hitting a fresh all-time high at the end of last week. London’s top index finished 18.77 points, or 0.22%, lower to end the day at 8,446.46. Elsewhere in Europe, the picture was broadly similar across the other major indexes, with weaker commodity prices and below-par Chinese economic data from the weekend acting as drags. The German Dax index was down 0.18% at the close and the Cac 40 in France ended down 0.12%. In the US, the main markets were higher on the opening bell as analysts look ahead to Wednesday’s key consumer price index inflation data, amid hopes it will provide more clarity over the US interest rate outlook. Here’s a summary of our top headlines from yesterday: • London office construction roars backwith 2.5m sq ft started in first quarter, more than 50% above the 10 year average, as confidence floods back. Comes after UK construction starts fell to 22 year low in 2023 • Ad agency Mission Group rejects £322 million bidfrom Brave Bison, a rival backed by Lord Ashcroft • Asda enters London property marketwith plans for huge mixed-use development • Heathrow April numbers grow 5% • Open AI launches new version of ChatGPT • Pizza Pilgrims eyes expansionto Scotland and Wales amid strong growth... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['TAIPEI,May 22, 2024/PRNewswire/ -- None Group, a leading blockchain group, today released its2024 Blockchain Critical Trendreport, providing a comprehensive overview of the blockchain ecosystem inTaiwanandSoutheast Asia. The report highlights key trends, regulatory frameworks, and emerging opportunities for businesses, investors, policymakers, and technology enthusiasts.\nBlockchain Critical Trend" released by None Group is now available for download.\nSoutheast Asia Emerges as a Global Financial Hub with Blockchain at the Forefront\nSoutheast Asia, with its unique financial landscape and over 400 million active internet users, has become a global financial hotspot, especially in the wake of the pandemic. Recognizing this opportunity, None Group has collaborated withstrategy partnerssuch as the Taiwan FinTech Association, Bitcoin Addict (Thailand), Coin98 (Vietnam), Coinvestasi (Indonesia), and Malaysia Blockchain Week to bring together 14 industry leaders to share their market insights and unveil exclusive investment opportunities.\nTo further promote cross-border collaboration betweenSoutheast AsiaandTaiwan, None Group will host blockchain trend release events inVietnamandTaiwan. TheVietnamevent will be held onJune 5, while theTaiwanevent is scheduled forJuly 10. These events will focus on industry trends and related blockchain topics.\nKey Highlights of the 2024 Blockchain Critical Trend\nThe2024 Blockchain Critical Trendreport unveils theSoutheast Asiablockchain landscape, covering various segments and project details. The report highlights three key takeaways:\n• Focus and Attitudes of Southeast Asian Governments\n• Expert Insights into the Industry Ecosystem\n• Cross-Border Collaboration Opportunities and Potential Explosion Points\nRead the full 2024 Blockchain Critical Trend (Taiwan,Thailand,Vietnam,Indonesia,Malaysia,Singapore,Philippines)\nAbout None Group\nNone Group centers its core competencies on blockchain technology and fintech. By seamlessly integrating cutting-edge Web3 technology with Web2 business applications, we enable both enterprises and individuals to benefit from the advancements in new technology, creating novel lifestyle models and financial experiences for global users.\nNone Group also stands at the forefront of comprehensive market reports and analysis inSoutheast Asia, focusing on the blockchain space and committed to providing accurate and insightful data to help businesses and investors understand the complex landscape of emerging technologies in the region. The Group\'s services include ZONE Wallet, a one-stop Web3 gateway for cryptocurrency beginners, and NONE LAND, the most entertaining and Gen-Z-oriented Web3 new media brand.\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/2024-blockchain-critical-trend-unveiling-new-financial-and-development-opportunities-in-southeast-asia-302147904.html\nSOURCE None Group', '• The S&P 500 came close to breaching a new high, as investors gear up for Nvidia earnings on Wednesday.\n• Meanwhile, Fed speaker Christopher Waller outlined that several months of good data need to happen for rate cuts to start.\n• Crypto swung heavily on Tuesday, as markets got excited for the possible approval of ether spot ETFs.\nTheS&P 500closed at a record high Tuesday, as investors gear up forNvidia\'shighly-anticipated earnings report.\nThe Nasdaq Composite also hit a fresh all-time high as the market extends a record-setting rally that kicked off in the middle of last week after the April inflation report.\nExcitement for the artificial intelligence heavy hitter to release its first-quarter performance on Wednesday has buoyed indexes so far this week.\nBy now, the semiconductor manufacturer has a reputation for leading broader stock market upside and traders are eyeing the release as the next big catalyst as the market heads toward summer. The chip maker expected to report $25 billion in quarterly sales, four times the revenue scored in the same quarter last year. The stock remained largely unchanged on Tuesday.\nMeanwhile, investors are tuning into fresh commentary from Federal Reserve officials this week. After April\'s consumer price index showed some slight easing, markets are again eager for chances of interest rate cuts this year.\nTuesday offered a long lineup of speakers. Among them, Fed governor Christopher Waller noted that "several months" of good data will have to appear before policy pivots.\nMeanwhile, cryptocurrency also notched big gains, led byethereum, which rose 9%. That\'s as investors warm up to thepossibility that ether spot ETFs get approved this week.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,321.41, up 0.25%\n• Dow Jones Industrial Average: 39,872.99, up 0.17% (+66.22 points)\n• Nasdaq composite: 16,832.62, up 0.22%\nHere\'s what else happened today:\n• Four rate cuts are coming this year as labor weakness snowballs into a hard landing,Citi economist says.\n• De-dollarization has no place in reality, as greenback demand stays high, commodity expert says.\n• Donald Trump proposed tariffs would cost Americans $500 billion each year, think tank says.\n• This overlooked obesity drug has 80% upside potential, JPMorgan says.\n• The stock market is turning bears into bulls. But not JPMorgan\'s Marko Kolanovic -here\'s why he\'s sticking to his sell-off predictions.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 1.4% to $78.65 a barrel.Brent crude, the international benchmark, slid 1% to $82.86 a barrel.\n• Goldstayed essentially flat at $2,424.9 per ounce.\n• The 10-year Treasury yield slipped over two basis points to 4.412%.\n• Bitcoinfell 2.9% to $69,350.\nRead the original article onBusiness Insider', "Bitcoin (BTC)experienced a significant surge of 13.80% within the past 7 days, reaching $71,926 on May 21. This places the cryptocurrency just 2.5% away from its all-time high. The surge in BTC price appears to be driven by two main factors: growing optimism surrounding the approval of a U.S. spot Ethereum exchange-traded fund (ETF) and a general market trend seeking protection against inflation, which has also pushed gold and the S&P 500 to new all-time highs.\nThe approval odds for an Ethereum spot ETF were raised from 25% to 75% by senior Bloomberg ETF analysts on May 20. This adjustment came after the U.S. Senate overruled the SEC's Bulletin 121 on May 16, which had imposed strict capital requirements on banks holding customer digital assets. The Senate's decision prompted a strategic reassessment at the White House, signaling a shift in the regulatory stance on cryptocurrencies.\nSEC Chair Gary Gensler, who had previously shown reluctance towards classifying Ethereum as a non-security or approving its spot ETF, requested updates to the spot Ethereum ETF filings on May 20. At least 5 ETF issuers havesubmittedtheir amended 19b filings to the SEC.\nBitcoin derivatives aredisplayingmoderate bullish sentiment, with an increase in demand for BTC long positions through monthly futures. The BTC futures premium has climbed to 14%, the highest in five weeks, indicating a moderately bullish market sentiment. The options market also reflects a healthy sentiment, with a current -8% skew, suggesting a market that is not overly optimistic despite the recent price surge.", "Bitcoin (BTC)experienced a significant surge of 13.80% within the past 7 days, reaching $71,926 on May 21. This places the cryptocurrency just 2.5% away from its all-time high. The surge in BTC price appears to be driven by two main factors: growing optimism surrounding the approval of a U.S. spot Ethereum exchange-traded fund (ETF) and a general market trend seeking protection against inflation, which has also pushed gold and the S&P 500 to new all-time highs.\nThe approval odds for an Ethereum spot ETF were raised from 25% to 75% by senior Bloomberg ETF analysts on May 20. This adjustment came after the U.S. Senate overruled the SEC's Bulletin 121 on May 16, which had imposed strict capital requirements on banks holding customer digital assets. The Senate's decision prompted a strategic reassessment at the White House, signaling a shift in the regulatory stance on cryptocurrencies.\nSEC Chair Gary Gensler, who had previously shown reluctance towards classifying Ethereum as a non-security or approving its spot ETF, requested updates to the spot Ethereum ETF filings on May 20. At least 5 ETF issuers havesubmittedtheir amended 19b filings to the SEC.\nBitcoin derivatives aredisplayingmoderate bullish sentiment, with an increase in demand for BTC long positions through monthly futures. The BTC futures premium has climbed to 14%, the highest in five weeks, indicating a moderately bullish market sentiment. The options market also reflects a healthy sentiment, with a current -8% skew, suggesting a market that is not overly optimistic despite the recent price surge.", 'Standard Chartered has expressed its expectation for the United States Securities and Exchange Commission (SEC) to approve spotEthereumexchange-traded funds (ETFs) by May 24.\nAs the first round of deadlines for spot Ethereum ETFs approaches, with the VanEck ETF filing deadline on May 23 followed by ARK Invest and 21Shares on May 24, Standard Chartered has changed its stance from previously considering the May approval deadline as unlikely. Geoff Kendrick, the head of FX and digital assets research at Standard Chartered, now asserts an "80% to 90%" certainty of the SEC approving spot Ether ETFs later this week.\nKendrick has estimated that market inflows into spot Ethereum ETFs within their first year could amount to 2.39 to 9.15 million ETH, equivalent to roughly $15 billion to $45 billion. These estimates align with those for spot Bitcoin ETFs. Additionally, based on Bitcoin price predictions of $150,000, Kendrick anticipates Ether to follow a similar growth trajectory, reaching approximately $8,000 by the end of this cycle.\nThe SEC\'s request for exchanges to update their 19b-4 filings before the May deadline has prompted a shift in the viewpoints of market experts who were previously convinced that Ethereum ETF applications would be rejected. Bloomberg ETF analyst Eric Balchunas, who previously assigned a 25% chance of approval, has now increased the likelihood to 75% as the final deadline approaches.', 'Former US President Donald Trump, currently facing criminal charges in multiple jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations.\nThe Trump 2024 campaign launched a fundraising page on May 21, allowing eligible individuals to contribute crypto donations using Coinbase Commerce. The website displayed logos of various cryptocurrencies, including Bitcoin, Ether, Dogecoin, Shiba Inu, XRP, USD Coin, Solana, and 0x. The announcement referenced Senator Elizabeth Warren\'s criticisms of cryptocurrencies, accusing her, without evidence, of acting as President Joe Biden\'s spokesperson on the matter.\nDuring a recent dinner for supporters who purchased a non-fungible token (NFT) featuring a mugshot of Trump, the former president expressed his intention to enable campaign donations in cryptocurrency. With less than six months remaining until the 2024 Election Day, Trump is considered the presumptive Republican Party nominee, poised to face President Biden, the presumptive Democratic Party nominee.\nWhile Trump\'s campaign website now accepts cryptocurrency donations, his "issues" page does not currently mention digital assets or blockchain. President Biden has seldom made public statements on cryptocurrencies but did sign an executive order in 2022 to establish a regulatory framework for digital assets.\nIn 2021, after leaving office, Trump expressed skepticism about Bitcoin, calling it a "scam" while preferring the US dollar as the global currency. However, during his campaign, rival candidates Vivek Ramaswamy and Ron DeSantis made statements about central bank digital currencies (CBDCs). Trump declared in a January 2024 campaign event that he would never allow the creation of a CBDC in the United States.', '• The surge of the TRUMP token, which is not directly linked to Donald Trump, has created a new class of millionaires in the PoliFi crypto sector.\n• The Trump campaign announced it would begin to accept crypto donations, including bitcoin (BTC), ether (ETH), and meme coins dogecoin (DOGE) and shiba inu (SHIB).\nThe young PoliFi crypto sector, a frontier where politics, finance, and cryptocurrency converge, has minted a new class of millionaires as a token themed after Donald Trump surged in the past few weeks, analysis by on-chain data provider Nansen shows.\nWhile the issuance of the TRUMP token has nothing to do with the former U.S. President Donald Trump directly, traders are using the tokens as a speculative bet on his ongoing presidential campaign.\nIn the past two weeks, the Trump MAGA (TRUMP) token is up nearly 75%,according to CoinGecko data. It surged 14% on Tuesday as the Trump campaign said it would begin to accept crypto donations, including bitcoin (BTC), ether (ETH), and meme coins dogecoin (DOGE) and shiba inu (SHIB).\nFrom all this, some holders of the MAGA meme coin – the first experiment in a new category of tokens called PoliFi, which has acollective market cap of $749 million– have seen returns of over 1,600%.\nOne such address is sitting on over $5.5 million worth of the token.\nSeveral addresses purchased low six-figures in TRUMP tokens and are now sitting on unrealized gains of over $1 million. They are gradually trimming their holdings but not selling in a manner that could cause a sudden price dump. As such, these sales were made before Tuesday’s campaign donation announcement.\nHowever, recent buyers of the TRUMP token are posting a poor return on investment and have a low overall win rate, the data showed.\nMeanwhile, the value of TRUMP holdings sent to awallet linked to the actual Donald Trumphas risen to nearly $5 million.\nA wallet supposedlylinked to Trumpreceived $7,100 of TRUMP from the meme coin’s developers between August and October 2023.\nSending tokens to a wallet linked to popular entities is sometimes used as a marketing strategy by meme coin makers, as they can attract eyeballs – and galvanize investor interest.', 'The crypto world is hopeful for some gains this week in Washington as it pushes for a new regulatory framework and new products that could expand its mainstream appeal.\nThe House is set to vote Wednesday on legislation that would provide the type of regulatory oversight the industry wants.\nSeparately, investors are hoping the Securities and Exchange Commission is close to approving the first exchange-traded funds that would invest directly in the cryptocurrency ether (ETH-USD).\n"There’s a been a real sea change in Washington around crypto," Bitwise Asset Management chief investment officer Matt Hougan, one of the applicants hoping for ether ETF approval, told Yahoo Finance.\n"It looks like Washington has gotten the message that crypto is good for America and that it’s popular with American voters."\nThe key regulatory change proposed by new legislation before the House — known as the Financial Innovation and Technology for the 21st Century Act, or FIT21 — is that it would establish the Commodity Futures Trading Commission as a leading regulator of digital assets.\nThere would be clear delineations for what the CFTC would regulate and what would fall under the purview of the Securities and Exchange Commission, a longtime foe of the industry that has cracked down on operators with enforcement actions and lawsuits.\nIt would also establish consumer protections and bar the sort of comingling of customer funds that played a role in the collapse of cryptocurrency exchange FTX in late 2022.\nThe industry has been lobbying hard for this framework, which it would prefer to the aggressive enforcement of the SEC.\n"[This] marks the official end to the losing narrative that crypto is not here to stay," said Cody Carbone, chief policy officer for The Digital Chamber, a crypto lobbying group.\nSEC Chair Gary Gensler offered new warnings about the bill in a statement Tuesday night, saying that it "would create new regulatory gaps and undermine decades of precedent regarding the oversight of investment contracts, putting investors and capital markets at immeasurable risk."\nThe bill does face opposition from some Democrats. Even if it passes, it could still face an uphill climb in the Senate.\n"What the Senate will see is a vote total," said Republican Rep. Patrick McHenry, the lead sponsor of this legislation. "I think that that should get members of the Senate to look at this afresh."\nThe price of one specific cryptocurrency — ether — is rallying this week as investors grow more confident the SEC will give the green light to invest in ether ETFs.\nIn January the SEC approved ETFs that invest directly in bitcoin (BTC-USD), a development that expanded mainstream acceptance of the world’s largest cryptocurrency. Now investors are hopeful that the same will happen with the second-largest cryptocurrency.\n"Given the political ‘backroom’ drama, approval will be seen as significant regulatory relief for the sector," Bernstein analysts said in a note.\nThe crypto world is hoping for the same from the legislation that is expected to come before the House Wednesday.\nRoughly 60 crypto companies and industry organizations, including Block, Coinbase (COIN), Circle, Kraken, and Paxos, sent a letter to House leadership last week in support of the bill.\n"The bill is well written," said Kara Calvert, head of US policy at Coinbase. "It’s the first bill that explicitly contemplates how to think about decentralization, how to think about something that moves from looking like a security to looking like a commodity."\nCalvert says the bill lets regulators focus on creating rules for centralized tokens, allowing for more focused resource management instead of scattershot regulation by enforcement.\nRepublican lawmakers say this legislation will bring clarity to a key question: whether a certain digital asset is a security or not. The SEC has argued that many cryptocurrencies are in fact securities — and therefore should be overseen by the agency.\nBut most House Democrats — led by House Financial Services Committee ranking member Maxine Waters — oppose the bill.\nWaters held a member briefing for Democrats Monday, urging them to vote against the bill. She warned that changes made to the bill since last summer would now result in a mass deregulation of crypto and even some traditional securities.\nIn a letter reviewed by Yahoo Finance that was sent to Democratic House members, Waters and House Agriculture Committee ranking member David Scott wrote that the revised bill "would transfer most crypto and some traditional securities into a regulatory void, with no primary regulator and virtually no laws or regulations."\nThe end result, the letter stated, would be a "proliferation of fraud that will have devastating consequences for consumers and investors."\nThe Democratic lawmakers argued the definition of "digital assets" and the revised bill’s addition pertaining to "investment contract assets" would effectively deregulate most cryptocurrencies by removing them from the purview of the SEC.\nThey also worry that by making the CFTC the primary regulator, consumers and investors won’t be afforded the same types of protections enjoyed under the SEC.\nIt is not known how much opposition the bill would face in the Senate.\nSenate Banking Committee Chair Sherrod Brown — who has prioritized cracking down on crypto used for money laundering — is staying mum so far on the House crypto legislation.\n"We must make sure that crypto platforms play by the same rules as other financial institutions," Brown said in a statement last month. "And we need to make sure that we have the tools to crack down on illicit finance with digital assets, just as we would with any other asset."\nMcHenry said he is hopeful that the outcome of the vote Wednesday could catch senators’ attention.\n"We\'re going to drive like hell to get whatever we can out of this Congress," McHenry said about passing crypto policy.\n"There is bipartisan support for that drive. But no matter what happens this Congress, this policy set is inevitable, it will happen, just like the role of crypto is here to stay."\nGensler made it clear in his Tuesday statement he doesn’t believe this legislation moves policy in the right direction.\n"The crypto industry\'s record of failures, frauds, and bankruptcies is not because we do not have rules or because the rules are unclear," he added. "It\'s because many players in the crypto industry don\'t play by the rules."\nClick here for the latest crypto news, updates, and more related toethereumandbitcoinprices, crypto ETFs, and market implications for cryptocurrencies\nRead the latest financial and business news from Yahoo Finance', 'Kelp DAO, one of the largest liquid restaking protocols, has secured $9 million in a private sale round to scale up its infrastructure as the decentralized finance (DeFi) landscape is getting bigger and bigger every day.\nThe fresh capital injection comes amid growing interest in liquid restaking, with the total value locked across leading platforms surpassing $4 billion.\nThe latest round was led by SCB Limited, a proprietary trading firm based in the Bahamas, and Laser Digital, the digital asset arm of Nomura Global, who collectively invested $3.5 million.\nOther participants in the round included Bankless Ventures, Hypersphere, Draper Dragon, DACM, Cypher Capital, ArkStream, Cluster Capital, GSR, Longhash, Side Door Ventures, NOIA Capital, HTX Ventures, Avid3, ViaBTC Capital, DWF Ventures, Coinseeker, and many others.\nDheeraj Borra, Co-founder of Kelp DAO, comments: “This fundraise propels our expansion in the market and sharpens our focus on building customer-centric solutions. It\'s truly thrilling to have our investors share that vision.”\nBoth Kelp DAO founders, Amitej Gajjala and Dheeraj Borra, voiced their gratitude for the investor support, which will drive Kelp DAO towards scaling new heights in restaking solutions.\nKelp DAO plans to use the funds to upgrade its platform’s capabilities, expand to other ecosystems like Solana and Bitcoin, and further restaking solutions. This comes on top of the platform already boasting over $850 million in Total Value Locked (TVL) and more than 40,000 active restakers.\nThe funding round includes support from notable angel investors in the crypto community, such as Scott, Cofounder of Gitcoin; Alex, CEO of Nansen; Sam K, Cofounder of Frax; Marc Zeller, from Aave Chan Initiative; Saurabh Sharma, from Jump Crypto; Amrit, COO of Altlayer; Anthony, Cofounder of Swissborg; and Winslow Strong from Mr. Block.\nLaser Digital CEO Jez Mohideen stated: “We are very excited to support Kelp DAO and the passionate team in its journey towards building innovative restaking infrastructure solutions.”\nJack Platts, Co-founder of Hypersphere Ventures, added, “We’re excited by the prospect of restaking enabling more developer experimentation and use cases. Kelp’s proven team and focus on user experience is playing a key role in restaking’s early success. We look forward to the team executing on its vision of enhancing yields and optionality for ETH stakers.”\nThe idea behind liquid restaking offered by Kelp and others is to allow ETH holders—whether holding native ETH or LST tokens—to invest and restake without losing access to the underlying capital. This is why it\'s called "liquid" restaking.\nKelp DAO’s liquid restaked token (LRT) was the first to hit the Ethereum mainnet, and currently offers service for native ETH and LSTs across Ethereum mainnet and eight L2 networks.\nRelated Articles\nKelp DAO raises $9 million to boost DeFi and restaking platform\n$SHARE on Solana, the First Decentralized Impact Fund Empowering Positive Change\nLegendary Trader John Bollinger Warns of Bitcoin Price Pullback', '• BlackRock’s IBIT product experienced a significant inflow of over $290 million on Tuesday, marking its highest one-day inflow this month and since April.\n• Overall, ETFs saw nearly $300 million in net inflows on Tuesday, with Grayscale’s GBTC showing a five-day streak of inflows.\nA popular bitcoin {{BTC}} spot exchange-traded fund (ETF) in the U.S. is seeing ramped up activity once again after a relatively dim few weeks as bitcoin trades over $70,000 level for the first time in a month.\nBlackRock’s IBIT product saw over $290 million in inflows on Tuesday, preliminary data published byFarside Investors shows, recording its highest one-day inflow so far this month and the highest since April.5. The figures were nearly thrice of a previous monthly high of $93 million on May 16.\nIBIT’s total holdings have now swelled to over $19 billion,its product pageshows.\nTuesday’s figures now stand out as unusually large compared to activity early this month, where IBIT recorded low or even zero inflows before May 15. IBIT also recorded its first-ever day of outflows in April, leading to some bearish sentiment for bitcoin at the time,as reported.\nHowever, higher activity this week comes alongside hopes of an ether (ETH) spot ETF getting approved for trading in the U.S., and a positive outlook for cryptocurrencies from Donald Trump ongoing presidential campaign.\nMeanwhile, Grayscale’s GBTC extended a four-day streak of no net outflows, putting a temporary pause to what has been one of the biggest losers since the products were launched in January.\nAs a whole, ETFs took on nearly $300 million in net inflows on Tuesday. Only Bitwise’s BITB and VanEck’s HODL recorded outflows at $4 million and $5 million, respectively.', '• BlackRock’s IBIT product experienced a significant inflow of over $290 million on Tuesday, marking its highest one-day inflow this month and since April.\n• Overall, ETFs saw nearly $300 million in net inflows on Tuesday, with Grayscale’s GBTC showing a five-day streak of inflows.\nA popular bitcoin {{BTC}} spot exchange-traded fund (ETF) in the U.S. is seeing ramped up activity once again after a relatively dim few weeks as bitcoin trades over $70,000 level for the first time in a month.\nBlackRock’s IBIT product saw over $290 million in inflows on Tuesday, preliminary data published byFarside Investors shows, recording its highest one-day inflow so far this month and the highest since April.5. The figures were nearly thrice of a previous monthly high of $93 million on May 16.\nIBIT’s total holdings have now swelled to over $19 billion,its product pageshows.\nTuesday’s figures now stand out as unusually large compared to activity early this month, where IBIT recorded low or even zero inflows before May 15. IBIT also recorded its first-ever day of outflows in April, leading to some bearish sentiment for bitcoin at the time,as reported.\nHowever, higher activity this week comes alongside hopes of an ether (ETH) spot ETF getting approved for trading in the U.S., and a positive outlook for cryptocurrencies from Donald Trump ongoing presidential campaign.\nMeanwhile, Grayscale’s GBTC extended a four-day streak of no net outflows, putting a temporary pause to what has been one of the biggest losers since the products were launched in January.\nAs a whole, ETFs took on nearly $300 million in net inflows on Tuesday. Only Bitwise’s BITB and VanEck’s HODL recorded outflows at $4 million and $5 million, respectively.', 'Featuring\xa0CryptoYapper, AltCryptoGems, BeInCrypto, andRonny Roehrig(CEO of Cripto Avances).\nDUBAI, UAE,May 22, 2024/PRNewswire/ --Bybit Web3, the Web3 division ofBybit- one of the top three global crypto exchanges by trading volume, today announced its upcoming live stream event,"Memecoin Mavericks: Where Will the Winds of Memecoin Fate Blow?"\nScheduled forFriday, May 24, 2024, at8:00 AM UTC, this hotly anticipated debate composed of renowned industry experts will go head-to-head on the significance and future of memecoins within the ever-evolving Web3 landscape.\nIn addition to the expert firefight, the event boasts a popularity voting contest featuring nine trending and charismatic memecoins: AllYourBase, Toshi, BaseGod, Brett, Based Fellas, FOMO, Based Peaches, Poncho, and EZ. Attendees who participate in the voting will have the chance to win the most popular memecoin based on the collective votes.\n"We\'re thrilled to present \'Memecoin Mavericks,\' an engaging live stream debate where industry leaders will dissect the future prospects of memecoins," saidEmily Bao, Bybit Web3 Evangelist. "This event captures the dynamic spirit of Web3 and provides a unique platform for our community to gain valuable insights, participate in lively discussions, and even win big. Join us onMay 24thto explore whether meme coins are just a fleeting trend or the next big thing in crypto."\nWhy You Can\'t Miss This Livestream\nMeme Mania Heats Up\nThe memecoin market is experiencing a red-hot surge, with trading volume reaching its highest level since May 2021! This surge signifies a massive influx of interest in memecoins, with popular tokens like Dogecoin, Shiba Inu, Pepe, Floki Inu, Dogwifhat, BONK, Brett, and Toshi leading the charge. This trend coincides with the thriving network usage of Base. DeFiLlama data shows its 24-hour trading volume currently exceeding$250 million, a tenfold increase from just$25 millionat the end of January.\nMemecoins themselves have seen a phenomenal 195% annual increase, significantly outperforming Bitcoin\'s respectable 123% rise. The total market cap for memecoins has ballooned to a whopping$51 billion, showcasing the immense potential – and inherent risk – this sector holds. But is this a sustainable trend, or a fleeting frenzy? Join our live stream to find out!\nRenowned Experts. Fiery Debate.\nWitness CryptoYapper, AltCryptoGems, BeInCrypto, andRonny Roehrig(CEO of Cripto Avances) engage in a lively debate on a range of thought-provoking themes. From the true spirit of meme culture in Web3 to the potential of memecoins on Base versus Ethereum, prepare for explosive discussions on investment drivers, memecoin trajectories, and the future of this fascinating crypto niche.\nDEX Pro Demo & Quiz with Big Rewards!\nLearn about Bybit\'s cutting-edgeDEX Proplatform through an insightful walkthrough. Plus, test your memecoin knowledge and win up to$5,000in trending memecoins on Base by participating in ourinteractive quizduring the live stream! Don\'t miss out – the voting window is open now untilMay 31, 2024, at11:59 PM UTC.\nBybit: Your Gateway to the Memecoin Conversation\nThis live stream is your chance to delve into the fascinating world of memecoins and gain valuable insights from industry leaders. Don\'t be left on the sidelines – tune in and join the conversation:https://www.bybit.com/en/press/live/web3-memecoins\n#Bybit / #TheCryptoArk / #BybitWeb3\nAbout Bybit Web3\nBybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting.\nBybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 30 million users globally.\nJoin the revolution now and open the door to your Web3 future with Bybit.\nFor more details about Bybit, please visitBybit Web3.\nAbout Bybit\nBybit is one of the world\'s top three crypto exchanges by trading volume with 30 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One\'s reigning Constructors\' and Drivers\' champions: the Oracle Red Bull Racing team.For more details about Bybit, please visitBybit Press.For media inquiries, please contact:[email protected] more information, please visit:https://www.bybit.comFor updates, please follow:Bybit\'s Communities and Social Media\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/memecoin-mania-boils-over-join-bybit-web3s-live-stream-debate-fad-or-future-302152116.html\nSOURCE Bybit', "Chicago, IL – May 22, 2024 – Today, Zacks Investment Ideas feature highlights Coinbase COIN, Robinhood Markets HOOD, Reddit RDDT, GameStop GME MicroStrategy MSTR.\nBitcoin is the best performing asset over the past decade, and its performance has shown little signs of letting up -- and some top crypto stocks are on a tear, too.\nYear-to-date, the world’s first and largest cryptocurrency is up nearly 60%, gaining almost 150% over the past twelve months. Despite regulatory hurdles, crypto exchange closures, and a brutal bear market, Bitcoin has climbed the proverbial “Wall of Worry” and is only a few thousand off its all-time high of $73,798.\nLooking ahead to the second-half of 2024, Bitcoin and Bitcoin proxies should benefit from two major bullish catalysts, including:\nThe Bitcoin “Halving” event occurs every four years and cuts the number of newly “minted” Bitcoin in half. Bitcoin’s unique monetary policy separates it from central bank-issued currencies and makes it an attractive investment for so many. While central banks have no limit on how much they can inflate their currency, Bitcoin’s supply is limited. Historical price moves illustrate the benefits of the halving.The first three halvings produced gains of 9,133%, 281%, and 562% one year later!\nA 13F is a disclosure required by the U.S. Securities and Exchange Commission (SEC) that companies with assets under management north of $100 million must present. This quarter, more than 600 institutions disclosed positions in spot Bitcoin ETFs, including a who’s who of top-tier firms.\nCoinbase is the most prominent crypto exchange in the U.S., earning a best-possible Zacks Rank #1 (Strong Buy) score.\nSeth Klarman is a legendary value investor, billionaire, and one of the highest-earning money managers in the world. In an interview last year, Klarman stated that he avoids crypto but sees value in Coinbase, saying,“Coinbase is sitting on $5 billion in cash, has less than that in debt, and is doing some smart things.”Well, now that number has grown to more than 7 billion. I bring this to your attention because not many people trading a stock like COIN probably understand how sound the company is fundamentally.\nOn May 3rd, the leading crypto exchange announced EPS of $4.4, smashing the Street’s estimate of $1.07.Here is a snippet of the EPS transcript that stuck out to me:“Our financial performance in Q1 reflects our focused execution on product expansion, ongoing operational discipline, and strong crypto market conditions. We generated $1.6 billion of total revenue and $1.2 billion of net income. Adjusted EBITDA was $1.0 billion – more than we generated in all of 2023.” Lastly, we continue to drive regulatory clarity for crypto through grassroots advocacy, pushing for legislation, and ongoing efforts to seek clarity through the courts.”\nCOIN has beaten expectations for five straight quarters, and not only are they beating them, they are smashing them. Over the past five quarters the average EPS surprise is 364.63%!\nZacks Rank #2 (Buy) stockRobinhood is one of the most popular brokerages in the United States. Robinhood was the first major broker to “democratize” trading by offering a commission-free investing app. The app rose to prominence during the meme stock craze that was spurred on by retail investing groups on the social media platformRedditand included meteoric moves in stocks likeGameStop.\nHOOD recently added crypto-enabled trading. Though HOOD is late to the crypto game, the company has the perfect client base to take advantage of a Bitcoin bull market.\nHOOD reported first-quarter earnings that trounced Zacks Consensus Estimates by 260%. Over the past four quarters, positive earnings beats have become the norm, with an average EPS beat of 230%!\nNet deposits are one of the most important metrics to monitor for brokers. HOOD net deposits reached a record $11.2 billion in Q1, translating to a 44% annualized growth rate and contributing to a 30% growth rate over the last twelve months. Meanwhile, CEO Vlad Tenev announced on May 14ththat Robinhood hit $5B in equities trading volume.\nRobinhood recently announced a new “Gold” credit card. HOOD has already gained a healthy 260,000 new subscribers.\nMicroStrategy has been around for years and is a leading provider of business intelligence software.\nFormer CEO and billionaire Michael Saylor made waves on Wall Street a few years ago when he got MSTR on the “Bitcoin Standard.” Instead of sitting in inflationary assets like U.S. dollars, Saylor realized MSTR would be better off on a “Bitcoin sail.” Essentially, MSTR is a leveraged Bitcoin bet. The results speak for themselves – over the past five years, MicroStrategy is up more than 1,000%!\nConversely, a good option for investors who do not want a leveraged bet but want to tap into Bitcoin’s potential upside is the IBIT ETF. IBIT has some of the lowest fees and the most liquidity out of all the Bitcoin ETFs.\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\[email protected]\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nGameStop Corp. (GME) : Free Stock Analysis Report\nMicroStrategy Incorporated (MSTR) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nRobinhood Markets, Inc. (HOOD) : Free Stock Analysis Report\nReddit Inc. (RDDT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", 'Join YouHodler inRomeandNaplesonMay 22, 2024, for a UniqueBitcoinPizza Day Celebration with Free and Discounted Pizza\nROMEandNAPLES, Italy,May 22, 2024/PRNewswire/ -- ThisBitcoinPizza Day,YouHodler, the innovative Swiss-based Web3 fintech platform, invitescryptoenthusiasts and pizza lovers worldwide to join in a unique celebration. Embrace the fusion of history, technology, and tradition with three exciting initiatives, bringing the spirit ofBitcoinand the joy of pizza to social media and iconic Italian pizzerias inNaplesandRome.\n"Over the years we have served up tens of thousands of slices of Pizza on this day, and this year we are excited to be doing it in the birthplace of pizza," saidIlya Volkov, CEO and co-founder of YouHodler. "BitcoinPizza Day is a testament to the incredible journey ofcryptocurrency, marking its leap from a groundbreaking idea to a global phenomenon. This annual day is a highlight for YouHodler and the globalcryptocommunity, and once again, we\'re inviting everyone to join us onMay 22for a day of fun, food, and financial innovation."\nYouHodler has set up three ways to celebrateBitcoinPizza Day:\n1. Free Slices on YouHodler:Get ready for the ultimate global pizza party! OnMay 22, share a photo of your pizza on Twitter or Instagram and tag @IYouhodler (Twitter) or @youhodleritalia (Instagram). Participants will be reimbursed up to$30inBitcoin, credited to their YouHodler account. Snap, share, and savor your slice while celebratingBitcoin\'s revolutionary journey.\n2. Party in the Birthplace of Pizza:YouHodler is honored to partner with PizzaDAO and support the Global Pizza Party inNaples, the heart of pizza culture. Visit the renowned pizzerias, Piazza del Gesù and Pizzeria Annarè, from6 pm to 10 pmfor complimentary pizza slices. Dive into the world ofcryptocurrencywhile indulging in authentic Neapolitan pizza. First come, first served – don\'t miss out!\n3. CelebrateBitcoinin The Eternal City:InRome, YouHodler teams up with Spizzo Pizza & Vino\xa0for an unforgettableBitcoinPizza Day experience. Enjoy a 50% discount on purchases up to$30. Just post a photo of your pizza on Instagram or Twitter, tag the pizzeria and @IYouhodler (Twitter) or @youhodleritalia (Instagram), and show proof of a valid YouHodler account. Savor the flavors ofRomewhile celebrating the future of finance.\nAboutBitcoinPizza Day\nBitcoinPizza Day, celebrated onMay 22, commemorates the historic first real-world transaction usingcryptocurrency. In 2010,Laszlo Hanyeczmade history by purchasing two pizzas with 10,000 BTC. Today, that transaction is valued at over$700 million, symbolizingBitcoin\'s extraordinary evolution from an experimental concept to a cornerstone of modern finance.\nAbout YouHodler\nYouHodler is a Swiss-based Web3 platform providing innovative fintech solutions that bridge fiat andcryptofinancial services with simplicity, efficiency, and transparency. Its comprehensive suite of offerings includescrypto-backed loans,cryptoreward accounts, innovativecryptomultiplication engines, and universal currency exchange. While user-friendly and intuitive for everyday consumers, the full-service platform is also progressive enough to conduct advanced strategic trading in thecryptomarket.\nView original content:https://www.prnewswire.com/news-releases/celebrate-bitcoin-pizza-day-with-youhodler-free-pizza-crypto-fun-and-cultural-heritage-in-italy-302152712.html\nSOURCE YouHodler', 'Join YouHodler inRomeandNaplesonMay 22, 2024, for a UniqueBitcoinPizza Day Celebration with Free and Discounted Pizza\nROMEandNAPLES, Italy,May 22, 2024/PRNewswire/ -- ThisBitcoinPizza Day,YouHodler, the innovative Swiss-based Web3 fintech platform, invitescryptoenthusiasts and pizza lovers worldwide to join in a unique celebration. Embrace the fusion of history, technology, and tradition with three exciting initiatives, bringing the spirit ofBitcoinand the joy of pizza to social media and iconic Italian pizzerias inNaplesandRome.\n"Over the years we have served up tens of thousands of slices of Pizza on this day, and this year we are excited to be doing it in the birthplace of pizza," saidIlya Volkov, CEO and co-founder of YouHodler. "BitcoinPizza Day is a testament to the incredible journey ofcryptocurrency, marking its leap from a groundbreaking idea to a global phenomenon. This annual day is a highlight for YouHodler and the globalcryptocommunity, and once again, we\'re inviting everyone to join us onMay 22for a day of fun, food, and financial innovation."\nYouHodler has set up three ways to celebrateBitcoinPizza Day:\n1. Free Slices on YouHodler:Get ready for the ultimate global pizza party! OnMay 22, share a photo of your pizza on Twitter or Instagram and tag @IYouhodler (Twitter) or @youhodleritalia (Instagram). Participants will be reimbursed up to$30inBitcoin, credited to their YouHodler account. Snap, share, and savor your slice while celebratingBitcoin\'s revolutionary journey.\n2. Party in the Birthplace of Pizza:YouHodler is honored to partner with PizzaDAO and support the Global Pizza Party inNaples, the heart of pizza culture. Visit the renowned pizzerias, Piazza del Gesù and Pizzeria Annarè, from6 pm to 10 pmfor complimentary pizza slices. Dive into the world ofcryptocurrencywhile indulging in authentic Neapolitan pizza. First come, first served – don\'t miss out!\n3. CelebrateBitcoinin The Eternal City:InRome, YouHodler teams up with Spizzo Pizza & Vino\xa0for an unforgettableBitcoinPizza Day experience. Enjoy a 50% discount on purchases up to$30. Just post a photo of your pizza on Instagram or Twitter, tag the pizzeria and @IYouhodler (Twitter) or @youhodleritalia (Instagram), and show proof of a valid YouHodler account. Savor the flavors ofRomewhile celebrating the future of finance.\nAboutBitcoinPizza Day\nBitcoinPizza Day, celebrated onMay 22, commemorates the historic first real-world transaction usingcryptocurrency. In 2010,Laszlo Hanyeczmade history by purchasing two pizzas with 10,000 BTC. Today, that transaction is valued at over$700 million, symbolizingBitcoin\'s extraordinary evolution from an experimental concept to a cornerstone of modern finance.\nAbout YouHodler\nYouHodler is a Swiss-based Web3 platform providing innovative fintech solutions that bridge fiat andcryptofinancial services with simplicity, efficiency, and transparency. Its comprehensive suite of offerings includescrypto-backed loans,cryptoreward accounts, innovativecryptomultiplication engines, and universal currency exchange. While user-friendly and intuitive for everyday consumers, the full-service platform is also progressive enough to conduct advanced strategic trading in thecryptomarket.\nView original content:https://www.prnewswire.com/news-releases/celebrate-bitcoin-pizza-day-with-youhodler-free-pizza-crypto-fun-and-cultural-heritage-in-italy-302152712.html\nSOURCE YouHodler', '• There is a 20% chance of ether rallying as high as $5,000 by the end of June, according to dominant DeFi options protocol Lyra.\n• Traders have snapped up ether calls at the $5,000 strike and higher this week.\nThe price of ether {{ETH}} has a 20% chance of rallying to $5,000 by the end of next month, data from the decentralized options marketplace Lyra indicates. The price peaked at $4,692 during the previous bull market, according toCoinDesk data.\nTo hit the new record, ether would need to rise by about a third from the current level around $3,740. That would follow this week\'s more than 20% surge spurred by sudden optimism that the U.S. Securities and Exchange Commission (SEC)will approvespot ETH exchange-traded funds (ETFs).\n"Lyra options markets are implying a ~20% chance of ETH reaching $5,000 by June 28," Nick Forster, Lyra\'s founder and a former Wall Street options trader, told CoinDesk in an email. "There is a 20% chance of ETH moving above $5,500 by July 26, as traders have increased positioning post the ETF speculation."\nLyra is a decentralized settlement protocol for spot, perpetuals and options trading. In the past 24 hours, the protocol registered a crypto options trading volume of $1.33 million, accounting for over 50% of the globaldecentralized finance(DeFi) options tally of $2.08 million, according to data sourceDeFiLlama. Traders from Lyracorrectly predictedBTC\'s first-quarter rally and the April peak near $70,000.\nOptions are derivative contracts that give their holders the flexibility to buy or sell the underlying asset in the future at a price agreed upon today. A call gives the right to buy, and a put option offers the right to sell. Traders typically buy call options to profit from or hedge against price rallies and prefer puts when anticipating a price drop.\nThis week, Lyra-based traders have snapped up ether call options expiring in June and July at strikes above $5,000, revealing a bullish outlook.\n“The ETH ETF approval should have an outsized effect on ETH relative to Bitcoin. ETH is starting from a market cap that is roughly one-third of what Bitcoin\'s was prior to the ETF being priced in," Forster said. “This should drive more volumes to options as traders play the ETF approval event and position for volatile markets without being subject to liquidation (on the long side)."\nThe bias for calls on Lyrais consistent withthe activity on leading centralized exchanges like Deribit.', 'Back-to-back plenary presentations from LAURA and ADRIATIC Phase III trials reinforce the potential ofTAGRISSO®(osimertinib) andIMFINZI®(durvalumab) in early lung cancer settings\u200b\nDESTINY-Breast06 data underscore potential ofENHERTU®(fam-trastuzumab deruxtecan-nxki) earlier in HR-positive, HER2-low breast cancer treatment, and in a broader population including HER2-ultralow\nWILMINGTON, Del., May 22, 2024--(BUSINESS WIRE)--AstraZeneca advances its ambition to redefine cancer care with new data across its industry-leading portfolio and pipeline at the American Society of Clinical Oncology (ASCO) Annual Meeting, May 31 to June 4, 2024.\nMore than 100 abstracts will feature 25 approved and potential new medicines across the Company’s diverse Last 60 Days of Bitcoin's Closing Prices:* [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,373,840,469,788 - Hash Rate: 632399054.8247522 - Transaction Count: 583279.0 - Unique Addresses: 491272.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Standard Chartered Bank has warned thatBitcoin's recent drop below the $60,000 mark could be the beginning of more significant losses in the near future. Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered Bank,expressedconcerns about the leading cryptocurrency's price trajectory, stating that the breach of the $60,000 support level opens the path for a potential decline to the $50,000 to $52,000 range. Kendrick attributed the downward pressure on Bitcoin to a combination of factors. Firstly, he pointed out that there have been five consecutive days of outflows from U.S. spot Bitcoin exchange-traded funds (ETFs). Additionally, the launch of spot Bitcoin and Ether ETFs in Hong Kong received a lackluster response, contributing to the overall negative sentiment. The outflows from U.S. spot Bitcoin ETFs, combined with the average purchase price currently being below $58,000, raise the risk of liquidation for some ETF positions, according to Kendrick. He noted that more than half of the spot ETF positions are underwater, further fueling the potential for liquidation. Kendrick also highlighted broader macroeconomic factors impacting Bitcoin's price dynamics. The deterioration of liquidity measures, particularly in the United States since mid-April, has affected various assets, including cryptocurrencies. As liquidity tightens, it puts downward pressure on risk-on assets like Bitcoin. While Standard Chartered Bank previously raised its Bitcoin price prediction targets for 2024 and 2025 to $150,000 and even $250,000, respectively, Kendrick maintains these targets. He believes that a price recovery may take some time but anticipates a potential rally towards the lead-up to the U.S. presidential election.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks dipped as traders waited for Nvidia\'s first-quarter earnings results.\n• The bar is high, as Wall Street analysts are looking for solid indicators that the AI market is booming.\n• Investors also took in the Fed\'s latest meeting minutes, which suggested rate cuts aren\'t imminent.\nUS stocks dropped on Wednesday as traders headed forNvidia\'s first-quarter earnings reportand took in the latest Fed minutes.\nMajor stock averages traded lower, with Nvidia shares declining by more than 1% heading into its hotly anticipated earnings call.\nInvestors are anticipating anotherbig quarterfor Nvidia, which has become one of the biggest beneficiaries of Wall Street\'s frenzy for anything related to artificial intelligence. Analysts expect the firm to report $24.6 billion in revenue and earnings per share\xa0 of$5.34 for the first three months of 2024, according to Bloomberg data, more than double what it reported for both metrics last year.\nNvidia\'s first-quarter results come at a critical moment for investors as they look for a fresh catalyst to drive the next lef of the latest stock market rally. With the company valued at over $2 trillion, NVDA shares have helped carry the market higher all year, andshares are now up 94% from levels in January.\n"It may sound overzealous, but if you get another blowout quarter from NVDA, coupled with the market\'s current posture of new all-time highs and no resistance to our left, we could really start to see parabolic mode again. Nvidia would certainly take the rest of the semiconductor industry with it," Ken Mahoney, the CEO of Mahoney Asset Management, said in a note this week.\nInvestors on Wednesday also took in the minutes from the Federal Reserve\'s May policy meeting. Short-term inflation expectations "rose some," and recent inflation prints didn\'t increase central bank\'s confidence inflation is firmly heading in the right direction.\nThe minutes pressured stocks heading into the closing bell, with major indexes logging a pronounced decline in late afternoon trades. Some market watchers were quick to note that the latest meeting minutes reflect the Fed\'s mood before the April consumer price index showed inflation easing from the prior month.\n"Markets could get nervous about committee members willing to entertain tighter policy but remember, the committee did not have April CPI data yet," Jeffrey Roach, the chief economist of LPL Financial, said in a note on Wednesday.\n"Although inflation in April eased a bit, Fed officials need more confirmation that the trajectory is favorable for their two percent target. In general, the committee believes policy is restrictive and so the next move for the Fed will likely be a cut later this year," Roach added.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,307.00, down 0.27%\n• Dow Jones Industrial Average: 39,671.04, down 0.51% (-201.95 points)\n• Nasdaq composite: 16,801.54, down 0.18%\nHere\'s what else happened today:\n• Citi was fined $78 million after a European trader\'s fat-finger tradecaused a flash crash in stocks.\n• The Dow is set to surge 50% by 2030as the "roaring 20s" are alive and well for stocks, according to market veteran Ed Yardeni.\n• Stocks are "going nowhere" for the next decadeas inflation is here to stay, one CIO warns.\n• Baby boomers may be the economy\'s secret weapon for fending off a recession.\n• Apple is a "hidden AI play" as its products will be central hubs for AI apps, "Big Short" investor Steve Eisman says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil slumped 1.14% to $77.76 a barrel.Brent crude, the international benchmark, dropped 0.28% to $81.67 a barrel.\n• Goldfell 1.82% to $2,377.86 per ounce.\n• The 10-year Treasury yield ticked higher by one basis point to 4.426%.\n• Bitcoinedged slightly higher to $69,631.\nRead the original article onBusiness Insider', 'NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES\nVANCOUVER, BC / ACCESSWIRE / May 23, 2024 / Alset Capital Inc. (TSXV:KSUM)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company")is pleased to announce the formation of its Artificial Intelligence Advisory Board ("AI Advisory Board"), alongside the appointments of Willy Sun and Michael Gord to its AI Advisory Board.\nThe AI Advisory Board will assist the Company\'s board of directors and executive officers to provide strategic guidance, expert insights, and oversight on the company\'s AI initiatives. Comprising diverse experts, the board will advise on AI strategy, identify emerging trends, ensure compliance with ethical standards, manage risks, evaluate AI performance, and foster innovation. The AI Advisory Board will report to the company\'s Board of Directors.\n"The appointment of Willy Sun and Michael Gord to our AI Advisory Board marks a significant milestone in Alset\'s journey towards positioning its investment portfolio to become leaders in AI computing infrastructure and data management solutions," said Morgan Good, CEO of Alset. "Their combined expertise and leadership will be instrumental in guiding our strategic initiatives and driving innovation in the rapidly evolving field of artificial intelligence."\nWilly SunWilly Sun, a seasoned executive with a distinguished background in artificial intelligence (AI) from leading technology firms including Google LLC (NASDAQ:GOOG), Panasonic Holdings Corporation (TYO:6752), and Huawei Technologies Co., Ltd., brings extensive experience in AI research and development. Willy\'s visionary leadership positions him as an ideal candidate to guide Alset in its AI initiatives.\nWilly\'s illustrious career began at National Taiwan University\'s Department of Electrical Engineering, where he distinguished himself by publishing three lead-authored papers and delivering a presentation at a prominent IEEE conference during his doctoral studies - IEEE is the world\'s largest technical professional organization dedicated to advancing technology for the benefit of humanity. His pioneering work, especially in speech emotion recognition, set new benchmarks for accuracy, underscoring its potential to revolutionize human-computer interaction.\nTransitioning from academia to the tech industry, Willy made substantial contributions to setting global standards in noise reduction for mobile devices at HTC and enhancing live streaming content monitoring regulations. His tenure at Google in the UK saw groundbreaking work on language-independent emotion recognition and advancements in Long Short-Term Memory (LSTM) research.\nAs the Chief Engineer for AI development at Huawei Technologies\' 2012 Laboratory and an AI Scientist at Panasonic, Willy spearheaded initiatives in deep learning applications for speech processing, dialogue systems, and interactive interface design. His innovations in real-time monitoring of sensitive content in digital media have set new industry standards for safety and compliance.\nIn recent years, Willy has dedicated himself to harnessing AI to improve interactions between users and their home environments, pushing the boundaries of convenience, intelligence, and sustainability in living spaces. His vision for smart homes integrates advanced AI voice and dialogue systems, transforming daily life by enhancing efficiency, comfort, and security.\nMichael GordMichael Gord, a serial entrepreneur and investor in Web 3.0, bringing his extensive experience in the digital asset space. Michael has successfully exited three startups and facilitated four acquisitions. He is an investor with over 70 portfolio companies, including four that have grown from seed stage to unicorn status.\nMichael is the co-founder & CEO of the GDA Group of Companies, which are focused across the digital asset capital market and include GDA Capital, Acronym Asset Management, NFT BAZL, and Life DeFi. He is also a founder and board member of Metaverse Group, a metaverse technology company that was acquired by Tokens.com and subsequently by StoryFire, a SocialFi application with over 2.5 million users.\nPreviously, Michael was the CEO of MLG Blockchain, which focused on enterprise and government consulting and development, later merging with Secure Digital Markets to form GDA Capital. He also founded Bitcoin Canada, served on the board of the Bitcoin Association of Canada, which was acquired by the Chamber of Digital Commerce, and played a key role in the international expansion of the Blockchain Education Network. Michael was also the first enterprise blockchain developer at TD Bank.\nMichael holds a B.Comm from The Desautels Faculty of Management at McGill University. He is fluent in English and French, and is learning Spanish, Portuguese, and Swedish. He has traveled to 80 countries across all continents and has lived in five countries across three continents.\nOn behalf of Alset Capital Inc.\n"Morgan Good"\nMorgan GoodChief Executive Officer\nAbout Alset Capital Inc.Alset Capital Inc. is an investment issuer that is focused on investment in diversified industries such as technology, healthcare, industrial, special situations, operating businesses through both debt and equity using cash resources or shares in its capital. The Company is led by an experienced, entrepreneurial group of executives having a diverse industry and capital markets background.\nAlset Capital Inc.\'s investment portfolio comprises 49% ownership of Cedarcross International Technologies Inc. and 49% ownership of Vertex AI Ventures Inc.\nFor further information about Alset Capital Inc., please contact:\nMorgan Good, CEO and DirectorT: 604.715.4751E:[email protected]\nCautionary Note Regarding Forward-Looking StatementsCertain statements in this press release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the creation of the advisory board and the appointment of Greg Johnson to the Company\'s board of directors.These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company\'s management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nSOURCE:Alset Capital Inc.\nView the originalpress releaseon accesswire.com', '• BTC, ETH keep recent gains ahead of the SEC\'s decision on VanEck\'s ether ETF application.\n• The sharp narrowing in the Grayscale Ethereum Trust\'s discount suggests a 90% probability of an ETF approval, one analyst said.\nBitcoin {{BTC}} and ether {{ETH}} consolidated recent gains early Thursday, lacking a clear directional bias before the U.S. Securities and Exchange Commission\'s (SEC) decision on VanEck\'s spot ether ETF application, due later in the day.\nBTC, the leading cryptocurrency by market value, traded little changed around $69,500, and ether, the No. 2, held steady near $3,700, according toCoinDesk data.\nStill, technical analysis and market positioning indicate a bullish undertone. Both cryptocurrencies maintained a strong position above their respectiveIchimoku cloud lines, suggesting a bullish outlook, an interpretationechoedby analyst Josh Olszewicz on X. Further evidence came from derivatives exchange Deribit, where options on bitcoin and ether continued to reveal a bias for calls, or derivatives that allow traders to profit from price rises, according to data tracked by Amberdata.\nThe bullish positioning is likely to have stemmed from increased expectations the SEC will approve spot ether ETFs, broadening the demand for cryptocurrencies.\n"The SEC should approve U.S.-listed ETH ETFs today. Hours before the Bitcoin ETF approval, SEC Gensler tweeted that crypto investors should consider all potential risks before making any investment. Today, a tweet could come around 9 a.m. ET. and would provide more clarity on whether approval would be imminent," Markus Thielen, founder of 10x Research, said in a note to clients.\nThielen added that the Grayscale Ethereum Trust\'s discount to net asset valuehas narrowedto just 8% from 30% a week ago, implying at least "a 90% probability that an ETF would be approved."\nThe change follows reports early this week that the SEC had asked for updates and amendments from spot ether ETF applicants, signaling potential approval.\n"If spot ether ETFs are approved, that signals a sharp change in the official attitude toward the crypto industry – it also looks like hostility toward FIT21 is not as strong as we had feared," Noelle Acheson, author of the popular Crypto Is Macro Now newsletter, told CoinDesk, referring to the Financial Innovation and Technology for the 21st Century Act.\nOn Wednesday, the U.S. House of Representativespassedthe act, which will clearly define whether cryptocurrencies are commodities or securities. Categorization as securities would mean a stringent SEC oversight. The legislation is also expected to establish the Commodity Futures Trading Commission (CFTC) as a leading regulator of digital assets alongside the SEC.\nThe bill now moves to the Senate, where its future is uncertain. Even if passed, President Joe Biden could still veto it.\nShares in the Nasdaq-listed chipmaker Nvidia (NVDA) reached a record high during Wednesday\'s post-market hours after the companybeat analyst estimates to report record revenueof $26.04 billion for the first quarter.\nThe rally might be a positive signal for cryptocurrencies, including tokens supposedly associated with artificial intelligence (AI) technology. That\'s because, historically, the inflow of money into the crypto market and the so-called AI coins has beenpartly contingenton outsized gains in NVDA and the tech-heavy Nasdaq index.\nAccording toCoingecko, top AI coins, such as FET, ICP, RNDR and GRT, traded mixed at the time of writing, having rallied in the lead-up to the NVDA announcement.', '• BTC, ETH keep recent gains ahead of the SEC\'s decision on VanEck\'s ether ETF application.\n• The sharp narrowing in the Grayscale Ethereum Trust\'s discount suggests a 90% probability of an ETF approval, one analyst said.\nBitcoin {{BTC}} and ether {{ETH}} consolidated recent gains early Thursday, lacking a clear directional bias before the U.S. Securities and Exchange Commission\'s (SEC) decision on VanEck\'s spot ether ETF application, due later in the day.\nBTC, the leading cryptocurrency by market value, traded little changed around $69,500, and ether, the No. 2, held steady near $3,700, according toCoinDesk data.\nStill, technical analysis and market positioning indicate a bullish undertone. Both cryptocurrencies maintained a strong position above their respectiveIchimoku cloud lines, suggesting a bullish outlook, an interpretationechoedby analyst Josh Olszewicz on X. Further evidence came from derivatives exchange Deribit, where options on bitcoin and ether continued to reveal a bias for calls, or derivatives that allow traders to profit from price rises, according to data tracked by Amberdata.\nThe bullish positioning is likely to have stemmed from increased expectations the SEC will approve spot ether ETFs, broadening the demand for cryptocurrencies.\n"The SEC should approve U.S.-listed ETH ETFs today. Hours before the Bitcoin ETF approval, SEC Gensler tweeted that crypto investors should consider all potential risks before making any investment. Today, a tweet could come around 9 a.m. ET. and would provide more clarity on whether approval would be imminent," Markus Thielen, founder of 10x Research, said in a note to clients.\nThielen added that the Grayscale Ethereum Trust\'s discount to net asset valuehas narrowedto just 8% from 30% a week ago, implying at least "a 90% probability that an ETF would be approved."\nThe change follows reports early this week that the SEC had asked for updates and amendments from spot ether ETF applicants, signaling potential approval.\n"If spot ether ETFs are approved, that signals a sharp change in the official attitude toward the crypto industry – it also looks like hostility toward FIT21 is not as strong as we had feared," Noelle Acheson, author of the popular Crypto Is Macro Now newsletter, told CoinDesk, referring to the Financial Innovation and Technology for the 21st Century Act.\nOn Wednesday, the U.S. House of Representativespassedthe act, which will clearly define whether cryptocurrencies are commodities or securities. Categorization as securities would mean a stringent SEC oversight. The legislation is also expected to establish the Commodity Futures Trading Commission (CFTC) as a leading regulator of digital assets alongside the SEC.\nThe bill now moves to the Senate, where its future is uncertain. Even if passed, President Joe Biden could still veto it.\nShares in the Nasdaq-listed chipmaker Nvidia (NVDA) reached a record high during Wednesday\'s post-market hours after the companybeat analyst estimates to report record revenueof $26.04 billion for the first quarter.\nThe rally might be a positive signal for cryptocurrencies, including tokens supposedly associated with artificial intelligence (AI) technology. That\'s because, historically, the inflow of money into the crypto market and the so-called AI coins has beenpartly contingenton outsized gains in NVDA and the tech-heavy Nasdaq index.\nAccording toCoingecko, top AI coins, such as FET, ICP, RNDR and GRT, traded mixed at the time of writing, having rallied in the lead-up to the NVDA announcement.', "Exchange-traded funds (ETFs), or groups of individual stocks trading under a single ticker symbol, are meant to simplify investing. A few ETFs can diversify your investments in minutes, versus spending gobs of time screening and selecting dozens of individual companies to trust your money with.\nIn cryptocurrency, theGrayscale Bitcoin Trust ETF(NYSEMKT: GBTC)can take much of the work out of owningBitcoin(CRYPTO: BTC).\nBut what's the point of owning a Bitcoin ETF instead of just Bitcoin? The cryptocurrency has proved it can make investors millionaires. Can this ETF do the same?\nHere is what you need to know.\nOn the surface, it's a straightforward investment. The Grayscale Bitcoin Trust is anETFthat holds Bitcoin. Buying shares gives investors indirect exposure to the crypto's price movements.\nWhy wouldn't someone directly hold Bitcoin instead? Well, doing that can be trickier. For example, it puts the responsibility of security on the owner. You can hold the crypto on exchanges or in physical (cold) storage, but each has pros and cons.\nSuppose you lose access to your wallet or the exchange you use faces trouble, like FTX,the disgraced cryptocurrency exchange. The Grayscale ETF uses cold storage (it's kept in servers offline through a company called Coinbase Custody Trust) to secure the Bitcoin represented by its shares. So it's a secure and convenient way to benefit from investing in the cryptocurrency without the onus of owning and managing it yourself.\nA couple of factors affect the value of the Grayscale Bitcoin Trust. The fund charges a 1.5% annual fee for managing the crypto, which you wouldn't have to pay if you managed your own instead. The ETF also might trade at a premium or discount to the underlying value of its Bitcoin at any given time.\nInvestors should consider how the ETF trades relative to Bitcoin's price to decide whether they want to buy shares. You can do this by comparing the ETF's share price to its net asset value per share.\nA quick look at Bitcoin's success over the years makes it obvious why investors would consider adding the Grayscale ETF to their portfolios. As an asset, the digital coin has handily outperformed the broader stock market for the past decade:\nThe investment thesis in Bitcoin is straightforward: The supply of fiat currency is ever-expanding, far faster than that of Bitcoins. As the U.S. dollar loses value (through inflation), the price of the crypto has gone higher over time. The supply grows more slowly over time as halvings occur every four years or so, further limiting the supply in the face of increased demand by people wanting to invest in and use Bitcoin.\nSo the token's price boils down to supply versus demand. The hope for investors is that demand will indefinitely increase as the supply rises at an ever-slowing pace.\nThe million-dollar question is whether investors will pay for the convenience this ETF offers. What's the cost? Quite a bit, actually.\nYou can see below that the ETF has handily underperformed Bitcoin itself over time. Those management fees turn out to be quite expensive in the long run.\nBut with that said, the fund has still far surpassed the broader stock market, making the Grayscale Bitcoin Trust ETF an obvious high-potential long-term investment that can absolutely still churn out millionaires if the cryptocurrency's investment thesis continues to play out over the coming years.\nBefore you buy stock in Grayscale Bitcoin Trust (BTC), consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Grayscale Bitcoin Trust (BTC) wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $584,435!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nJustin Popehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs the Grayscale Bitcoin Trust ETF a Millionaire Maker?was originally published by The Motley Fool", "Exchange-traded funds (ETFs), or groups of individual stocks trading under a single ticker symbol, are meant to simplify investing. A few ETFs can diversify your investments in minutes, versus spending gobs of time screening and selecting dozens of individual companies to trust your money with.\nIn cryptocurrency, theGrayscale Bitcoin Trust ETF(NYSEMKT: GBTC)can take much of the work out of owningBitcoin(CRYPTO: BTC).\nBut what's the point of owning a Bitcoin ETF instead of just Bitcoin? The cryptocurrency has proved it can make investors millionaires. Can this ETF do the same?\nHere is what you need to know.\nOn the surface, it's a straightforward investment. The Grayscale Bitcoin Trust is anETFthat holds Bitcoin. Buying shares gives investors indirect exposure to the crypto's price movements.\nWhy wouldn't someone directly hold Bitcoin instead? Well, doing that can be trickier. For example, it puts the responsibility of security on the owner. You can hold the crypto on exchanges or in physical (cold) storage, but each has pros and cons.\nSuppose you lose access to your wallet or the exchange you use faces trouble, like FTX,the disgraced cryptocurrency exchange. The Grayscale ETF uses cold storage (it's kept in servers offline through a company called Coinbase Custody Trust) to secure the Bitcoin represented by its shares. So it's a secure and convenient way to benefit from investing in the cryptocurrency without the onus of owning and managing it yourself.\nA couple of factors affect the value of the Grayscale Bitcoin Trust. The fund charges a 1.5% annual fee for managing the crypto, which you wouldn't have to pay if you managed your own instead. The ETF also might trade at a premium or discount to the underlying value of its Bitcoin at any given time.\nInvestors should consider how the ETF trades relative to Bitcoin's price to decide whether they want to buy shares. You can do this by comparing the ETF's share price to its net asset value per share.\nA quick look at Bitcoin's success over the years makes it obvious why investors would consider adding the Grayscale ETF to their portfolios. As an asset, the digital coin has handily outperformed the broader stock market for the past decade:\nThe investment thesis in Bitcoin is straightforward: The supply of fiat currency is ever-expanding, far faster than that of Bitcoins. As the U.S. dollar loses value (through inflation), the price of the crypto has gone higher over time. The supply grows more slowly over time as halvings occur every four years or so, further limiting the supply in the face of increased demand by people wanting to invest in and use Bitcoin.\nSo the token's price boils down to supply versus demand. The hope for investors is that demand will indefinitely increase as the supply rises at an ever-slowing pace.\nThe million-dollar question is whether investors will pay for the convenience this ETF offers. What's the cost? Quite a bit, actually.\nYou can see below that the ETF has handily underperformed Bitcoin itself over time. Those management fees turn out to be quite expensive in the long run.\nBut with that said, the fund has still far surpassed the broader stock market, making the Grayscale Bitcoin Trust ETF an obvious high-potential long-term investment that can absolutely still churn out millionaires if the cryptocurrency's investment thesis continues to play out over the coming years.\nBefore you buy stock in Grayscale Bitcoin Trust (BTC), consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Grayscale Bitcoin Trust (BTC) wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $584,435!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nJustin Popehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nIs the Grayscale Bitcoin Trust ETF a Millionaire Maker?was originally published by The Motley Fool", '2024 has seen a flood of capital into decentralized finance (DeFi), driving the total value locked (TVL) up by 75.1% year-to-date (YTD) to $94.9 billion from $54.2 billion at the start of the year, according to a report by Binance Research.\nThis capital boost has benefited nearly every DeFi sector, across both major and niche markets, making previously inaccessible financial primitives available on-chain.\nThe Yield sector, after a 148.6% increase to $9.1 billion this year, is now the eighth largest DeFi market by TVL. On-chain interest rate derivatives platform Pendle has seen incredible growth this year, up 1962% to $4.8 billion.\nThis surge is thanks to the popularity of yield-bearing assets and the increased rate volatility driven by liquid restaking and speculative point systems.\nAccording to Binance’s research team, stablecoins are on the rise too, with the circulating market cap reaching $161.1 billion this year, the highest in nearly two years. Ethena has capitalized on a market gap for a more capital-efficient yield-bearing stablecoin, surging 2730.4% to a $2.4 billion market cap.\nElsewhere, money markets have grown this year, with on-chain TVL up 47.2% to $32.7 billion. The demand for more flexible lending products, such as those that can incorporate long-tail assets as collateral, has fueled interest in modular lending. The report cites Morpho Blue and MetaMorpho, which attracted billions in deposits in just a few months.\nOther highlights show that prediction markets printed a new peak this cycle, with TVL hitting a record $55.1 million after a 57.7% rise YTD. Historically thriving on political events, and with U.S. elections in sight, Polymarket is booming again, with average monthly volumes soaring from $6.1 million in 2023 to $42.0 million in 2024.\nThe market bounce has pumped up on-chain derivatives, the report notes, propelling average daily volumes from $1.8 billion last year to $5.4 billion this year. Hyperliquid has capitalized on this trend to increase its market share to 18.9%, making it the second largest by trading volume, trailing only dYdX.\n"2024 has marked a turning point for DeFi, with substantial capital commitments underscoring the robustness of the sector," said Binance Research analysts. "The distribution of this capital across nearly every DeFi sub-sector highlights the diversification of the market, moving beyond just decentralized exchanges (DEXes) as primary drivers."\nDespite this influx of on-chain liquidity, the sector’s public market valuations have yet to catch up with the wider crypto market. However, the steady flow of billions into DeFi shows its promise to meet ambitious revenue forecasts, such as the projection of $231.2 billion by 2030, the research concludes.\nRelated Articles\nDeFi markets surge in 2024 as capital inflows drive growth - Binance Research\nBitcoin price today: unchanged at $69k amid Fed fears, spot Ether ETF focus\nOrderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to Quickswap', 'The UK\'s Financial Conduct Authority (FCA) has paved the way for the first-ever listing of cryptocurrency exchange-traded products (ETPs) on the London Stock Exchange (LSE). This decision marks a significant shift in the regulator\'s stance, reversing its previous ban on such offerings implemented in 2020.\nLeading the charge are asset managers WisdomTree and 21Shares, both of whom have secured FCA approval for their prospectuses to list physically-backed Bitcoin and Ethereum ETPs on the LSE. Invesco has also received the green light, though details of their offering remain undisclosed.\nThe listings, expected to commence trading on May 28, will initially be restricted to professional investors only, as the FCA maintains its ban on retail access to these products for now.\nAlexis Marinof, WisdomTree\'s Head of Europe, hailed the FCA\'s approval as "a significant step forward for the industry and UK-based professional investors seeking exposure to the asset class." He expressed optimism that the move could catalyze greater institutional adoption, as many UK-based firms have faced barriers in gaining crypto exposure due to regulatory uncertainty.\nWisdomTree\'s Bitcoin and Ethereum ETPs will carry a competitive management expense ratio of 0.35%, positioning them among the most cost-effective institutional-grade crypto ETPs in Europe.', 'The UK\'s Financial Conduct Authority (FCA) has paved the way for the first-ever listing of cryptocurrency exchange-traded products (ETPs) on the London Stock Exchange (LSE). This decision marks a significant shift in the regulator\'s stance, reversing its previous ban on such offerings implemented in 2020.\nLeading the charge are asset managers WisdomTree and 21Shares, both of whom have secured FCA approval for their prospectuses to list physically-backed Bitcoin and Ethereum ETPs on the LSE. Invesco has also received the green light, though details of their offering remain undisclosed.\nThe listings, expected to commence trading on May 28, will initially be restricted to professional investors only, as the FCA maintains its ban on retail access to these products for now.\nAlexis Marinof, WisdomTree\'s Head of Europe, hailed the FCA\'s approval as "a significant step forward for the industry and UK-based professional investors seeking exposure to the asset class." He expressed optimism that the move could catalyze greater institutional adoption, as many UK-based firms have faced barriers in gaining crypto exposure due to regulatory uncertainty.\nWisdomTree\'s Bitcoin and Ethereum ETPs will carry a competitive management expense ratio of 0.35%, positioning them among the most cost-effective institutional-grade crypto ETPs in Europe.', 'By now, you probably know you can make a good bit of money trading meme coins — if you play your cards right. That might include getting in early on a meme coin, amongother strategies.\nWhat isn’t playing your cards right is putting your money in a meme coin headed for disaster. The thing with meme coins is their potential for big wins is matched only by their risk for spectacular crashes.\nAll meme coins can’t win — at least not at the same time. We compiled three meme coins to avoid and that might be headed for disaster.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: Wollertz / Shutterstock\nBaby Dogecoinis a meme token (BABYDOGE-USD) that was created byDogecoin(DOGE-USD) fans. Its creators have hinged its appeal on it being adog-focused community. However, Baby Dogecoin hasn’t been able to move out of Dogecoin’s shadow.\nAlso, it’s been edged out by newer and flashier coins such asFloki(FLOKI-USD),PEPE Coin(PEPE-USD), anddogwifhat(WIF-USD). BABYDOGE was nowhere to be found during the bull run this March and has only a sliver of achange of 29%this year.\nIn addition, BABYDOGE’schain activityshows people buying, but the volume isn’t strong enough to shake things up. Overall, its price behavior signals it’s not favorably positioned for long-term success and is a meme coin you want to avoid.\nSource: Alfa Grandpa / Shutterstock.com\nShiba Inu(SHIB-USD) came on the scene in 2020 as a self-styled Dogecoin competitor. That it has been. At the moment, it’son parwith Dogecoin in terms of community participation — usually a hallmark of meme coin success.\nIt has also eclipsed Dogecoin in price growth. At the moment, Shiba Inu haslogged ina staggering 31,000,000% from its all-time low in 2020. By contrast, someone who bought Dogecoin has gained by 4989% over the same period.\nHowever, SHIB’s days in the sun may be over. During March this year, when meme coins were all the rage, SHIB registered a 250% jump from January. That pales in comparison to newer meme coins such as Floki, which postedup to 700%, and dogwifhat, which hauled inup to 4,000%.\nGiven its record, you’d think SHIB would be one of the best-performing meme coins during one of the market’s most intense rallies, but it’s just limping along. If you’re looking for a crypto that has a future, SHIB is not one of them and is one meme coin to avoid going forward.\nSource: Shutterstock\nSmog (SMOG-USD) is a dragon-themed meme coin that debuted on the decentralized exchange (DEX) Jupiter in Feb. It quickly shot up by more than 3,000%, making tidy sums for investors who got in early.\nHowever, SMOG is one of dozens ofmeme coins on Solana, which has become the hottest destination for meme coins. The only problem is that Smog doesn’t seem to have more to offer, nor has it proven to have staying powerlike, say,BONK(BONK-USD).\nIn crypto, mainstays such asBitcoin(BTC-USD),Ethereum(ETH-USD), and Binance Coin (BNB-USD) always come back up even when they fall because they have actual value.\nFor its part, Smog came for a quick burst of attention. Currently, it’sdown 86%from its all-time high in March — a dramatic decline that does not portend well for its near future. Smog is a meme you want to avoid this season.\nOn the date of publication, Hope Mutie did not have (either directly or indirectly) any positions in the coins mentioned in this article. The opinions expressed in this article are those of the writer, subject to InvestorPlace.com’sPublishing Guidelines.\nHope Mutie is a writer who’s enthusiastic about finance and crypto. At InvestorPlace, she keeps her finger on the pulse of the stock and crypto markets to create insightful and info-rich content to help investors navigate the market with confidence.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• Legendary Investor Predicts: “Forget A.I. THIS Technology Is the Future”\nThe postWhy Meme Coins Baby Dogecoin, Shiba Inu and Smog Are Headed for Disasterappeared first onInvestorPlace.', "Remember the spot bitcoin ETF launch?\nAs the spot Ethereum ETF approval drama unfolds, investors and exchange-traded fund industry observers can recall parallels between this case and events leading to the eventual approval and unveiling of spot bitcoin ETFs.\nIn both cases, the Securities and Exchange Commission (SEC) initially exhibited caution toward approving spot ETFs for these cryptocurrencies. However, pressure from various stakeholders, including issuers, investors and the maturing crypto market, spurred a potential shift toward approval.\nBoth decisions reflect growing recognition of the maturing cryptocurrency market and rapidly increasing institutional interest in these assets.\nThe presence of spotbitcoin ETFs and the potential approval of an ether-based ETF suggest the SEC is considering the growing demand from investors for regulated ways to gain exposure to these cryptocurrencies.\nA key difference between the two cases is that the Ethereum ETF approval process may be faster than bitcoin's due to the legal precedent set by theAugust 2023 Grayscale court case, which effectively reversed the SEC’s initial rejection of the asset manager's spot bitcoin ETF application.\nBoth cases highlight the complex path to approval and greater receptivity toward well-structured spot cryptocurrency ETFs.\nIn the first two days of trading this week, the popular cryptocurrency Dogecoin (DOGE) jumped 9% as investors began to speculate that the largest meme coin by market cap could be the next for a spot ETF approval.\nCrypto trader Andrew Kangtweetedto his 244,000 followers on X Tuesday, “the odds for a DOGE ETF look brighter than ever.”\nWhile speculation over more spot ETFs is not surprising, it would be surprising if a spot DOGE ETF was next in line.\nCryptocurrencies with clear and demonstrably valuable use cases beyond speculation might be viewed more favorably. Additionally, a well-developed ecosystem with robust infrastructure for secure storage and transactions could be a plus. Widespread acceptance, measured by larger market capitalization (total value of all outstanding coins) and higher trading volume (liquidity) may also be considerations.\nFor example, there are five cryptocurrencies other than Bitcoin and ether that have larger market caps than Dogecoin, according todatafrom CoiMnarketCap.com.\nBehind Bitcoin and Ethereum, these are the largest cryptocurrencies on the market:\n• Tether USDt (USDT):This stablecoin, with a market cap of roughly $111 billion, is pegged to the U.S. dollar and is a popular choice for investors seeking stability within the crypto market.\n• BNB (BNB):The native coin of the Binance ecosystem, BNB, has a market cap of around $91 billion and is used for various purposes within the Binance exchange and its blockchain applications.\n• Solana (SOL):Solana, known for its fast transaction processing speeds, currently has a market cap of approximately $80 billion.\nOverall, the spot Bitcoin ETF launches and increasingly likely spot Ethereum approvals are positive developments, but they don't guarantee a flood of spot ETFs for more cryptocurrencies. The SEC will likely continue cautiously, prioritizing established cryptocurrencies with well-structured ETF proposals.\nPermalink\| © Copyright 2024etf.com.All rights reserved", "Remember the spot bitcoin ETF launch?\nAs the spot Ethereum ETF approval drama unfolds, investors and exchange-traded fund industry observers can recall parallels between this case and events leading to the eventual approval and unveiling of spot bitcoin ETFs.\nIn both cases, the Securities and Exchange Commission (SEC) initially exhibited caution toward approving spot ETFs for these cryptocurrencies. However, pressure from various stakeholders, including issuers, investors and the maturing crypto market, spurred a potential shift toward approval.\nBoth decisions reflect growing recognition of the maturing cryptocurrency market and rapidly increasing institutional interest in these assets.\nThe presence of spotbitcoin ETFs and the potential approval of an ether-based ETF suggest the SEC is considering the growing demand from investors for regulated ways to gain exposure to these cryptocurrencies.\nA key difference between the two cases is that the Ethereum ETF approval process may be faster than bitcoin's due to the legal precedent set by theAugust 2023 Grayscale court case, which effectively reversed the SEC’s initial rejection of the asset manager's spot bitcoin ETF application.\nBoth cases highlight the complex path to approval and greater receptivity toward well-structured spot cryptocurrency ETFs.\nIn the first two days of trading this week, the popular cryptocurrency Dogecoin (DOGE) jumped 9% as investors began to speculate that the largest meme coin by market cap could be the next for a spot ETF approval.\nCrypto trader Andrew Kangtweetedto his 244,000 followers on X Tuesday, “the odds for a DOGE ETF look brighter than ever.”\nWhile speculation over more spot ETFs is not surprising, it would be surprising if a spot DOGE ETF was next in line.\nCryptocurrencies with clear and demonstrably valuable use cases beyond speculation might be viewed more favorably. Additionally, a well-developed ecosystem with robust infrastructure for secure storage and transactions could be a plus. Widespread acceptance, measured by larger market capitalization (total value of all outstanding coins) and higher trading volume (liquidity) may also be considerations.\nFor example, there are five cryptocurrencies other than Bitcoin and ether that have larger market caps than Dogecoin, according todatafrom CoiMnarketCap.com.\nBehind Bitcoin and Ethereum, these are the largest cryptocurrencies on the market:\n• Tether USDt (USDT):This stablecoin, with a market cap of roughly $111 billion, is pegged to the U.S. dollar and is a popular choice for investors seeking stability within the crypto market.\n• BNB (BNB):The native coin of the Binance ecosystem, BNB, has a market cap of around $91 billion and is used for various purposes within the Binance exchange and its blockchain applications.\n• Solana (SOL):Solana, known for its fast transaction processing speeds, currently has a market cap of approximately $80 billion.\nOverall, the spot Bitcoin ETF launches and increasingly likely spot Ethereum approvals are positive developments, but they don't guarantee a flood of spot ETFs for more cryptocurrencies. The SEC will likely continue cautiously, prioritizing established cryptocurrencies with well-structured ETF proposals.\nPermalink\| © Copyright 2024etf.com.All rights reserved", "• U.S.-listed spot bitcoin exchange-traded funds yesterday reached new record by holdings with more than 850,000 BTC in custody, surpassing the previous high above 845,000 BTC from early April.\n• Among ETFs, Grayscale’s GBTC holds the largest amount of bitcoin with over $20 billion, followed by BlackRock’s IBIT at $19.6 billion, while Hashdex Bitcoin ETF is the smallest holder with $12 million.\nU.S.-listed spot bitcoin exchange-traded funds now hold a record 850,707 BTC in custody, beating a previous high above 845,000 from early April.\nAmong those funds, Grayscale’s GBTC remains the biggest holder of bitcoin with 289,300 tokens worth more than $20 billion, followed closely by BlackRock’s IBIT at 283,200 and $19.6 billion, according todata tracked by @HODL15Capital.\nThe spot ETFs ended Wednesday with their eighth straight day of net inflows, gobbling over 24,500 BTC over that period. This is a nearly 180-degree turn from the action of the past few weeks – with some of the biggest ETFs seeing zero inflows and even net outflows on some days.\nThe crypto industryrecorded its biggest-ever U.S. policy winon Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing party lines to support it.\nThe Financial Innovation and Technology for the 21st Century Act (FIT21) marks the first time a major crypto bill has cleared one of Congress's chambers.\nElsewhere,bulls widely expect a spot ether ETFto be approved this week in the U.S. in a sudden policy shift that saw some analysts raise approval odds to over 75% from an earlier 25%.", "• U.S.-listed spot bitcoin exchange-traded funds yesterday reached new record by holdings with more than 850,000 BTC in custody, surpassing the previous high above 845,000 BTC from early April.\n• Among ETFs, Grayscale’s GBTC holds the largest amount of bitcoin with over $20 billion, followed by BlackRock’s IBIT at $19.6 billion, while Hashdex Bitcoin ETF is the smallest holder with $12 million.\nU.S.-listed spot bitcoin exchange-traded funds now hold a record 850,707 BTC in custody, beating a previous high above 845,000 from early April.\nAmong those funds, Grayscale’s GBTC remains the biggest holder of bitcoin with 289,300 tokens worth more than $20 billion, followed closely by BlackRock’s IBIT at 283,200 and $19.6 billion, according todata tracked by @HODL15Capital.\nThe spot ETFs ended Wednesday with their eighth straight day of net inflows, gobbling over 24,500 BTC over that period. This is a nearly 180-degree turn from the action of the past few weeks – with some of the biggest ETFs seeing zero inflows and even net outflows on some days.\nThe crypto industryrecorded its biggest-ever U.S. policy winon Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing party lines to support it.\nThe Financial Innovation and Technology for the 21st Century Act (FIT21) marks the first time a major crypto bill has cleared one of Congress's chambers.\nElsewhere,bulls widely expect a spot ether ETFto be approved this week in the U.S. in a sudden policy shift that saw some analysts raise approval odds to over 75% from an earlier 25%.", "Margin Trade Ethereum and Other Top Crypto with up to 50x Leverage Directly from Crypto Wallet\nDUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / May 23, 2024 /HUX, a leading platform in the decentralized finance (DeFi) space, has recently upgraded its offerings, introducing the ability to trade Ethereum, Bitcoin and other top crypto's with up to 50X leverage. Hux caters to both seasoned traders and newcomers, providing sophisticated tools to amplify trading strategies all directly from your crypto wallet.\nHow to long Ethereum with Leverage?\nLeverage trading allows traders to increase their exposure to Ethereum without needing the full amount of capital typically required. On HUX, traders can choose how much leverage they wish to apply, up to a maximum of 50 times their actual investment. This means that for every dollar, a trader can hold a position worth up to fifty dollars in Ethereum. To initiate a leverage trade, a trader selects their desired level of leverage on the trading dashboard, inputs the amount of ETH they wish to trade, and executes the order, closely monitoring the market for fluctuations.\nUnique Trading Features of HUX for Crypto Leverage Trading\nBeyond the basic leverage mechanisms,HUX Financeoffers several unique features that enhance the trading experience:\nDirect Trading from Wallet: HUX allows users to trade directly from their cryptocurrency wallets, bypassing the need to transfer funds to the platform. This feature enhances security and convenience, as traders can maintain control over their funds until the moment of trade.\nLimit and Stop-Loss Orders: Traders can set limit orders to execute a trade at a specific price point and stop-loss orders to automatically close a position at a predetermined price. This functionality is crucial for managing risk and securing profits without needing to monitor the ma Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,370,124,742,112 - Hash Rate: 706194547.0096976 - Transaction Count: 744761.0 - Unique Addresses: 533345.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • Completion of partially built structures will increase total operational infrastructure at Denton data center to 197 MW, total Company-owned infrastructure to 817 MW • Completion expected by end of second quarter 2024 • Expansion highlights strategic advantage of owning and controlling infrastructure and access to power AUSTIN, Texas, April 16, 2024--(BUSINESS WIRE)--Core Scientific, Inc.(Nasdaq: CORZ)("Core Scientific" or "the Company"), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced the start of a project to complete a 72-megawatt expansion of the Company’s Denton, Texas data center. "Owning and controlling all of our infrastructure with access to ready power gives us the strategic optionality to expand our mining capacity, deploy upgrades to our proprietary mining technology stack, reallocate miners to optimize for efficiency and even flex to alternative forms of compute when such opportunities arise," said Adam Sullivan, Core Scientific’s Chief Executive Officer. "By expanding our capacity while focusing on fleet efficiency and hash rate productivity, we believe we will remain positioned for success in the post-halving environment." In addition to its 745-megawatts of operational infrastructure, Core Scientific owns 372 megawatts of partially built infrastructure at its two Texas data centers. The start of the Denton data center project represents the beginning of a multi-year program to complete the partially built infrastructure and expand the Company’s capacity by 372-megawatts. The goal of this expansion program is to deliver more than 20 additional exahash of mining hash rate at an average incremental cost of approximately $200,000 per megawatt, or less than half the cost of new construction or asset acquisition. Core Scientific’s Denton, Texas data center currently operates 125 megawatts of bitcoin mining with total contracted power of approximately 300 megawatts. The Company’s Pecos, Texas data center currently operates 71 megawatts of bitcoin mining across two sites with total contracted power of 250 megawatts. Mr. Sullivan continued, "The exceptional performance of our data center operations team recently enabled us to deliver 16 megawatts of capacity to our high-performance computing customer in Austin, Texas more than 30 days ahead of schedule. This achievement underscores our team’s ability to expand our infrastructure successfully and highlights the emerging growth opportunity in hosting alternative forms of compute." Core Scientific data centers representing more than 500 megawatts of operational bitcoin mining infrastructure are qualified to host alternative forms of compute, based on the Company’s flexible facility designs, their proximity to major metropolitan areas and access to high bandwidth fiber telecommunications infrastructure. The Company believes that the cost to convert some of its bitcoin mining infrastructure to alternative compute hosting is lower than for new construction and its completion time could be as much as 50% faster, delivering strong financial benefits to high-performance computing hosting clients. ABOUT CORE SCIENTIFIC Core Scientific is one of the largest bitcoin miners and hosting solutions providers for bitcoin mining in North America. Transforming energy into high value compute with superior efficiency at scale, we employ our own large fleet of computers ("miners") to earn bitcoin for our own account and provide hosting services for large bitcoin mining customers at our seven operational data centers in Georgia (2), Kentucky (1), North Carolina (1), North Dakota (1) and Texas (2). We derive the majority of our revenue from earning bitcoin for our own account ("self-mining"). To learn more, visitwww.corescientific.com FORWARD LOOKING STATEMENTS AND EXPLANATORY NOTES This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors, which could include, but are not limited to, the following: risks and uncertainties relating to the Company’s ability to achieve significant cash flows from operations; the effects of the emergence from the Company’s chapter 11 cases on the Company’s liquidity, results of operations and business; the trading price and volatility of the Company’s common stock; the comparability of the Company’s post-emergence financial results to its historical results and the projections filed with the bankruptcy court in the Company’s chapter 11 cases; changes in the Company’s business strategy and performance, including as a result of changes to the Company’s board of directors or management; the possibility that the Company may be unable to achieve its business and strategic goals; the Company’s post-bankruptcy capital structure; attraction and retention of key personnel; the Company’s ability to achieve expected benefits from restructuring activities; restrictions on the Company’s operations contained in the agreements governing the Company’s indebtedness; the Company’s ability to generate sufficient cash to reduce its indebtedness and its potential need and ability to incur further indebtedness; the impact of the halving event; actions taken by third parties, including the Company’s creditors and other stakeholders, as well as other risk factors set forth in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management. These forward-looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including those identified in the Company’s reports filed with the U.S. Securities & Exchange Commission, and if any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Accordingly, undue reliance should not be placed upon the forward-looking statements. Please follow us on: https://www.linkedin.com/company/corescientific/ https://twitter.com/core_scientific View source version on businesswire.com:https://www.businesswire.com/news/home/20240416234757/en/ Contacts Investors:[email protected] Media:[email protected]... - Reddit Posts (Sample): [['u/celticthaiger', 'Bitcoin… We’re coming for you 🚀🚀🚀🚀', 42, '2024-05-23 01:12', 'https://www.reddit.com/r/Pepecryptocurrency/comments/1cye8va/bitcoin_were_coming_for_you/', 'With a circulating supply of 420.69 trillion, and a global population of 7.95 billion, there are only approx 53,000 Pepe for every person on the planet. \n\nTo buy 53,000, it would cost approx $0.70. \n\nIf we run the same numbers for BTC, there are 0.00247 BTC per person, at a cost of approx $170. \n\nWhile demand for crypto is still in its infancy, this goes to show how cheap Pepe is and we have gigantic upside potential. Pepe is 242x cheaper than BTC. \n\nNo coin has ever knocked BTC off the number 1 spot, but the upcoming bull cycle will be unprecedented. Pepe has been leading the market for 6 weeks now, and there’s no reason we shouldn’t be aiming for the top 10 (we’re no 22 right now). \n\nWith enough traction, we might not only become the biggest meme coin, but possibly the biggest coin of all. \n\nAim high and make your dreams come true 🚀🚀🚀🚀', 'https://www.reddit.com/r/Pepecryptocurrency/comments/1cye8va/bitcoin_were_coming_for_you/', '1cye8va', [['u/Strange_Inevitable_3', 12, '2024-05-23 04:28', 'https://www.reddit.com/r/Pepecryptocurrency/comments/1cye8va/bitcoin_were_coming_for_you/l59mbbz/', 'I like the way this guy thinks! Pepe has a crazy amount of potential and I think we are on the best train for meme coin. We should gun for top 10, then top 5! I don’t think we can out do bitcoin but I do think we can out perform every meme coin including Shiba and doge. We shall see, PEPE ARMY!', '1cye8va']]], ['u/OffensiveExile', 'Need some help. Not sure if I scammed myself here.', 13, '2024-05-23 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1cyek8a/need_some_help_not_sure_if_i_scammed_myself_here/', 'I was transferring some BTC from Jaxx Liberty to Electrum by importing my private key and I noticed that there was an immediate transaction withdrawing the BTC from my account. When I looked online at the transaction history, the transaction was already in progress by a few minutes before I had even entered it in to Electrum. \n\nHere is the transaction link: https://www.blockchain.com/explorer/transactions/btc/d210b458169eee4b4e8c9dcb2d9eeed45ab41f02148c667cc71ee80d56b47784\n\nElectrum gives me the option to cancel the transaction by spending more than what the fee is but is this normal because I am worried someone has accessed the wallet at the same time as myself and is now transferring it to their own wallet.\n\nI entered my pass phrase to this website my-jaxxwallet.com a minute before this thinking it was the legitimate Jaxx Liberty wallet but it then redirected me to blog post on another website url.', 'https://www.reddit.com/r/Bitcoin/comments/1cyek8a/need_some_help_not_sure_if_i_scammed_myself_here/', '1cyek8a', [['u/glw2115', 15, '2024-05-23 01:32', 'https://www.reddit.com/r/Bitcoin/comments/1cyek8a/need_some_help_not_sure_if_i_scammed_myself_here/l58whkz/', 'I would try to cancel to give you time to reassess, and likely transfer funds to a clean wallet in the meantime. \n\nI get the heebie jeebies whenever phrases like ‘importing my private key’ are thrown out there.', '1cyek8a'], ['u/TheGreatMuffin', 20, '2024-05-23 01:32', 'https://www.reddit.com/r/Bitcoin/comments/1cyek8a/need_some_help_not_sure_if_i_scammed_myself_here/l58whrv/', "> I entered my pass phrase to this website my-jaxxwallet.com \n\nThis is a scam. Cancel the tx if you still can, but it probably won't help anything, since the attacker has your seed phrase already", '1cyek8a'], ['u/TheGreatMuffin', 10, '2024-05-23 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1cyek8a/need_some_help_not_sure_if_i_scammed_myself_here/l58ybpp/', "Wow it'd be epic if you get it out this way, good luck. \n\nJust to make sure: the new address is from a whole different wallet, not just a a new address from the compromised wallet?", '1cyek8a'], ['u/OffensiveExile', 10, '2024-05-23 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1cyek8a/need_some_help_not_sure_if_i_scammed_myself_here/l58z6ss/', "It is a brand new wallet that I've set up using Electrum this time. I'm hoping it's okay since I've only just installed it.", '1cyek8a']]], ['u/AlomiaMohamed', 'This btch keeps staring at me in the gym, what should i do?', 144, '2024-05-23 02:15', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/', 'So i\'m doing my training as fking usual, but there she is...staring at me, and it has happened to me a lot of freaking times, this isn\'t new sht but i\'m getting tired of this crap, and she also smiles at me, wtf is wrong with her? do i look fking funny to her? I\'ve thought multiple times about just walking straight up to her and tell her "why the fk u looking at me btch" but idk i don\'t want to cause too much drama at the gym. So what do you think guys? What\'s my best option?', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/', '1cyfjvr', [['u/Ok-Commercial8978', 128, '2024-05-23 02:16', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l592qgu/', 'Just kill her you idiot', '1cyfjvr'], ['u/Deezenuttzzz', 39, '2024-05-23 02:21', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l593hfk/', "Just tell her you're gay", '1cyfjvr'], ['u/one-1-1', 94, '2024-05-23 02:29', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l594lbv/', 'Fuck her dad', '1cyfjvr'], ['u/mcr6', 318, '2024-05-23 02:29', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l594muo/', 'You want for her to stop staring? Go up to her and tell her “you’re the most beautiful woman I’ve ever seen” trust me she’ll avoid you like the plague and will never ever look at you again. Works Every time', '1cyfjvr'], ['u/AlomiaMohamed', 111, '2024-05-23 02:33', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59558j/', 'only betas compliment women, who the fk do u think i am?', '1cyfjvr'], ['u/BraveOcelot1824', 80, '2024-05-23 02:33', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l5956dk/', 'ask her to spot you and then shit your pants\xa0', '1cyfjvr'], ['u/BraveOcelot1824', 33, '2024-05-23 02:33', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l595773/', 'during squat\xa0', '1cyfjvr'], ['u/mcr6', 72, '2024-05-23 02:34', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l595blm/', 'Good man. Thots love assholes', '1cyfjvr'], ['u/DeadCheckR1775', 34, '2024-05-23 02:44', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l596qkb/', 'make her watch while you do it, the true power move', '1cyfjvr'], ['u/WinterTakerRevived', 16, '2024-05-23 02:46', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59756j/', 'Moon her', '1cyfjvr'], ['u/JinMori07_', 29, '2024-05-23 02:51', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l597tkv/', 'Actually just start to piss a circle around the machine/rack you are using like a apex predator and she will fuck off, trust me on this one bro.', '1cyfjvr'], ['u/sw33tbutterfly', 71, '2024-05-23 03:20', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59c4tx/', 'Scratch your balls and then smell ur fingers', '1cyfjvr'], ['u/take-a-gamble', 14, '2024-05-23 03:24', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59crpu/', "Whenever this happens I just put on a fake wedding ring and say I'm married. They either stop, or it gets a lot worse.", '1cyfjvr'], ['u/lobo_locos', 46, '2024-05-23 03:42', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59fiji/', "Dude, just tell your Mom not to go to the gym when you're going. However, she's probably just proud of you because of how much you have overcome from the regardedness and is just trying to show her support. That, or looking for some BBC.", '1cyfjvr'], ['u/Cautious_Narwhal_963', 29, '2024-05-23 03:46', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59g4i2/', "Tell her she's looking big and when she starts to thank you clarify that you mean big as in fat", '1cyfjvr'], ['u/Gabriel1659', 22, '2024-05-23 04:23', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59ljs1/', 'She clearly hates you, throw a barbell at her when she goes to drink water', '1cyfjvr'], ['u/PhantomAssaultX', 10, '2024-05-23 04:28', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59mbj6/', 'If she got a dick, you can make it slick.\n\nSuck her off.', '1cyfjvr'], ['u/Gutcrunch', 15, '2024-05-23 04:46', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59p07c/', 'And maintain eye contact through completion. Guarantee she licks you clean after.', '1cyfjvr'], ['u/firmly_confused', 15, '2024-05-23 05:13', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59stcj/', 'go up to her and ask "bitch fuck you staring at me for? You want some of these?"', '1cyfjvr'], ['u/sittingbullms', 10, '2024-05-23 05:57', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l59y9mr/', 'Call her Julia and send her a video', '1cyfjvr'], ['u/LonelyApeSmell', 14, '2024-05-23 06:29', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l5a1ws5/', 'Bench is better…you gotta be careful tho cause this how I got my first three kids', '1cyfjvr'], ['u/Bumble1982', 19, '2024-05-23 08:01', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l5ab6ct/', 'Lay off the gear my guy..', '1cyfjvr'], ['u/ItchyEducation', 24, '2024-05-23 08:59', 'https://www.reddit.com/r/moreplatesmoredates/comments/1cyfjvr/this_btch_keeps_staring_at_me_in_the_gym_what/l5agaee/', 'make her smell ur fingers', '1cyfjvr']]], ['u/BojackPsyched', 'Took a loan on my house ', 60, '2024-05-23 03:12', 'https://www.reddit.com/r/kaspa/comments/1cygno1/took_a_loan_on_my_house/', 'Back in june of 2023 I found Kaspa quickly I realized this is the next step for crypto as it is the fulfilling of the original vision of satoshi . I emptied my Roth, and every other investment portfolio I had at the time to buy Kaspa. The only thing I didn’t sell was my Bitcoin. Reached out to a lender to open a heloc on my home. I started purchasing around .015 up until around .05 cents as the funds became available. With 8k I had left I purchased Bittensor Tao at 50 dollars. I’m 25 years old I’m mechanical engineer at a machining shop a wife and 3 kids . I’m either gonna never have to work another day in my life or spend the next decade digging myself out of debt. But I am confident this is the best decision I’ve ever made. Raise your price targets. ', 'https://www.reddit.com/r/kaspa/comments/1cygno1/took_a_loan_on_my_house/', '1cygno1', [['u/G0DL33', 26, '2024-05-23 04:21', 'https://www.reddit.com/r/kaspa/comments/1cygno1/took_a_loan_on_my_house/l59lb94/', "greed is a hell of a drug. it's okay when you are young but capital preservation should be a consideration for you as you get older.", '1cygno1'], ['u/vhooz', 11, '2024-05-23 04:54', 'https://www.reddit.com/r/kaspa/comments/1cygno1/took_a_loan_on_my_house/l59q2y4/', 'boy… hope you understand how irresponsible you are. I mean it could work out or not but the point being is that you put on line the home of your family. \n\nHope it turns out well and hope you don’t lose that money afterwards which is what normally happens with people who tend to risk what they can not afford.', '1cygno1']]], ['u/Living_Appointment29', '$100k here we come', 58, '2024-05-23 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/', 'Who else thinks bitcoin would hit $100k before December? \n', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/', '1cyi01b', [['u/UrU_AnnA', 19, '2024-05-23 04:23', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/l59lilm/', 'Yes, for it is already written.', '1cyi01b'], ['u/heydudekac', 16, '2024-05-23 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/l59mhrd/', '$165k by Dec', '1cyi01b'], ['u/tjackson_12', 18, '2024-05-23 04:40', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/l59o0ra/', 'That has a nice ring to it', '1cyi01b'], ['u/trollking66', 11, '2024-05-23 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/l59pq7w/', "ya'll got any more of this hopium?", '1cyi01b'], ['u/Quentin__Tarantulino', 12, '2024-05-23 04:59', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/l59qt8d/', 'December of 2021 no less.', '1cyi01b'], ['u/Xx10Matthew14xX', 10, '2024-05-23 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1cyi01b/100k_here_we_come/l59r8w2/', 'Exactly what a time traveler would say 🤔', '1cyi01b']]], ['u/Lisbeth_Salandar', 'Season 13 is kinda rough with the cattiness ', 12, '2024-05-23 04:35', 'https://www.reddit.com/r/ProjectRunway/comments/1cyi9eh/season_13_is_kinda_rough_with_the_cattiness/', 'I’m only a few episodes in, but I don’t understand the vitriol some of the designers have for sandhya. \n\nFirst, only one designer believed sandhya could win the [first challenge](data:image/jpeg;base64,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). I get her aesthetic isnt for everyone, but it’s definitely original and has a strong point of view. I can imagine being surprised that she won, but some of the designers responded like they were disgusted???????\n\nAnd then the following challenge is a team challenge. Hernan, sandhya, and Carrie are put together as a team. And Carrie and Hernan acted like they were personally being attacked to have to team with sandhya. They were critical and dismissive of her ideas, basically told her to shut up since she had immunity, and disregarded her concerns about the outfits looking too [“samey”](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHI51ZQkySLUsW_VWBMa-n1B7H4sB2SD9UbTWPYA65UzM2oLQxSFcsCU2l_1Hzn-Qc3YHipVjq5HgT6yykgicy0TtA7HHA6SwLov4AMdZT2sUUlW8QP1FlkWG7olGJH0BAl7e-/s1600/RedTeam.jpg) - which is exactly what the judges ended up criticizing them for. And then in the next episode, Hernan is still bitching about how sandhya didn’t even try - but he was shooting down all of her thoughts day-of???\n\nI actually liked the concept they had with the film, and the colors of red, blue, and gold was really pretty (and I don’t think they should have been in the bottom and Carrie didn’t have the worst outfit out of them all). But you can’t deny their three outfits looked very samey, which is exactly what sandhya was concerned about… \n\nAnd off topic, but I don’t get how Mitchell didn’t win this challenge - look at [this!](https://i.pinimg.com/236x/2c/ea/f2/2ceaf205ed86acf1beedc1604f81c44b.jpg)\n\nIdk. I totally understand not “getting” sandhya’s style. But she didn’t ask to win the first challenge, she didn’t ask to be put in a group with Hernan and Carrie, she tried to give her input to the team and was shut down, she bowed to her teammate’s wishes and her outfit came out not looking great. I just don’t get the vitriol towards her??? Maybe her attitude wasn’t gracious afterward, but I would also be irritated and hurt if my teammates treated me like that… \n\nI realize I’m really early into the season, but this feels really catty and bullying compared to other seasons I’ve watched. ', 'https://www.reddit.com/r/ProjectRunway/comments/1cyi9eh/season_13_is_kinda_rough_with_the_cattiness/', '1cyi9eh', [['u/poopiediapieNoLa', 14, '2024-05-23 06:19', 'https://www.reddit.com/r/ProjectRunway/comments/1cyi9eh/season_13_is_kinda_rough_with_the_cattiness/l5a0tlr/', 'It only gets worse. Korinna is my least favorite contestant in the entire series, she was pathetic.', '1cyi9eh'], ['u/whatisrealityplush', 12, '2024-05-23 06:56', 'https://www.reddit.com/r/ProjectRunway/comments/1cyi9eh/season_13_is_kinda_rough_with_the_cattiness/l5a4s5k/', 'Season 13 was a tough watch for this reason. And then! I thought the reunion show would be a bit cathartic but it was....uncomfortable.', '1cyi9eh'], ['u/apri11a', 10, '2024-05-23 16:18', 'https://www.reddit.com/r/ProjectRunway/comments/1cyi9eh/season_13_is_kinda_rough_with_the_cattiness/l5br40u/', "> she tried to give her input to the team and was shut down, she bowed to her teammate’s wishes and her outfit came out not looking great. \n\nNot at first she didn't, she didn't co-operate with the others and just went and did her own thing, knowing she couldn't be disqualified. She didn't care that her actions might put her team-mates into a bad position. My sympathy was with Carrie in this one, stuck between these two.\n\nSandhya, not my favourite contestant (and nothing to do with her designs)... not by a long shot.", '1cyi9eh']]], ['u/Senior-Purchase-538', "What's the picks n shovels for Nvidia?", 131, '2024-05-23 04:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/', "Sure Nvidia is the picks n shovels for AI, bitcoin mining etc. But what's the picks n shovels for all the microchip companies?\n\nSilicon 28 is poised to be the next material in semiconductors allowing them to run 150% colder than conventional. The colder the faster. ASPI makes Silicon 28 and have a contract with an unnamed leading US semiconductor company and they're in discussions with several others.\n\nAny of you know of any companies that could be the picks n shovels?\n", 'https://i.redd.it/91l2ksm9b32d1.png', '1cyiiig', [['u/VisualMod', 24, '2024-05-23 04:50', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/l59ph2m/', 'Silly peasant, you should already know that money makes money.', '1cyiiig'], ['u/thecuzzin', 57, '2024-05-23 04:53', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/l59q01c/', "When your shovels aren't selling, sell a gold rush.", '1cyiiig'], ['u/7tyo', 17, '2024-05-23 04:53', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/l59q1au/', 'random but for those who have calls expiring fri are you selling market open or holding', '1cyiiig'], ['u/mountain_comic', 11, '2024-05-23 04:57', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/l59qhet/', 'Maybe the companies that hold the patents on the unique chemical processes and or architecture used to make the chips?', '1cyiiig'], ['u/SocraticGoats', 12, '2024-05-23 05:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/l59wb2r/', '![img](emote\|t5_2th52\|27189)', '1cyiiig'], ['u/CltCommander', 31, '2024-05-23 06:05', 'https://www.reddit.com/r/wallstreetbets/comments/1cyiiig/whats_the_picks_n_shovels_for_nvidia/l59z84u/', 'Liquidating asap to open a shovel store. We just talked about this, keep up.', '1cyiiig']]], ['u/Pupusa_Boiz_707', 'Some Recent Pickups ', 67, '2024-05-23 04:58', 'https://www.reddit.com/r/baseballunis/comments/1cyiorc/some_recent_pickups/', '‘01 Barry Bonds Giants Home Black Alternate Russell Athletic Jersey\n‘18 Marcus Semien Gold A’s Alternate Majestic Jersey \n‘92 Rickey Henderson A’s Home Russell Athletic Jersey\n‘04 TBTC Damian Miller A’s Majestic Jersey\n‘97 Roger Clemens Blue Jays Customized Away Wilson Jersey (Shoutout IG:Jaysfanatic9)\n‘97 Vladimir Guerrero Home Expos Russell Athletic Jersey (Shoutout IG:Jaysfanatic9)\n‘12 Oakland A’s Jackie Robinson Day Majestic Jersey\n‘94 Ken Griffey Jr. Customized Team Issue Mariners Russell Athletic Jersey \n‘97 Roger Clemens Blue Jays Majestic Jersey', 'https://www.reddit.com/gallery/1cyiorc', '1cyiorc', [['u/Both-Equivalent5076', 10, '2024-05-23 05:09', 'https://www.reddit.com/r/baseballunis/comments/1cyiorc/some_recent_pickups/l59s8if/', 'That Guerrero is🔥🔥🔥', '1cyiorc']]], ['u/ElkAny4742', 'Blockchain app is a scam', 12, '2024-05-23 05:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/1cyja5h/blockchain_app_is_a_scam/', 'They locked my account almost a year ago with no explanation. Won’t respond to the ticket that was open and just refer me to the ticket when I open a new one. When it was locked there was about $1,900 in bitcoin now it’s worth almost $7,000. Any help to get this figured out would be awesome.', 'https://www.reddit.com/r/BitcoinBeginners/comments/1cyja5h/blockchain_app_is_a_scam/', '1cyja5h', [['u/Asleep_Obligation914', 17, '2024-05-23 18:09', 'https://www.reddit.com/r/BitcoinBeginners/comments/1cyja5h/blockchain_app_is_a_scam/l5ca8iz/', 'If you use both DEX and Ce X \n\n its important to understand why so many people get their bags frozen by cex \n\n so you know how to avoid it yourself \n\n https:\\/\\/www.reddit.com\\/r\\/CryptoAssist\\/comments\\/1cvpuxu\\/how_anti_money_laundring_aml_system_works_and_how\\/', '1cyja5h']]], ['u/Ok_Art_2874', 'Does DCA buying Bitcoin make sense at a few hundred dollars per month?', 135, '2024-05-23 05:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/', 'I am in a position to commit to buying about $300-500 worth of Bitcoin every month - essentially classic dollar cost average (DCA) approach. But, with Bitcoin staying above $60k for past 3 months and likely to hold that level or go higher (currently it is at $70k), does this much of DCA even make a difference anymore to increase my BTC stash? I mean, I will end up adding less than 0.01 bitcoin every month - that seems rather insignificant.\n\nOr should I give up and just put all my money into buying some plain old S&P500 index fund instead? At least, it gives a dividend and is considered safe, having a hundred plus year history and all.', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/', '1cyjd76', [['u/frozennorth0', 12, '2024-05-23 05:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59vx8v/', 'Sure', '1cyjd76'], ['u/Cheensly', 211, '2024-05-23 05:38', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59w1g2/', 'Buy Bitcoin. DCA whatever you can afford to.', '1cyjd76'], ['u/This_Red_Apple', 25, '2024-05-23 05:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59wgwl/', 'Personally I’d say btc if you’re in it for the long haul and won’t have your confidence shaken by volatility and media pressure. Reaching 0.1 btc in a year is nothing to scoff at.', '1cyjd76'], ['u/Grymninja', 192, '2024-05-23 05:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59y1jc/', "You're falling for a classic fallacy. Looking at it as 0.01 (oh that's nothing! I could get a 5 whole shares of spy for that. \n\nYou could also get like 2 billion Shiba Inu for that. Or two ounces of gold. The amounts don't matter. \n\nIf BTC goes up 25%, YOUR BTC will go up 25%. That's beating the S&P in its best year.\n\nIf you're bullish on BTC... Buy BTC. \n\nI'm dcaing 100 into it from every paycheck. No it's not a ton. But having .08 BTC is much better than 0.", '1cyjd76'], ['u/newagereject', 41, '2024-05-23 05:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59yf9h/', "I've been going 5 bucks a week, probably gunna bump it to 10 or 15, then when I have spare cash I'll throw 50-100 at it", '1cyjd76'], ['u/Ok_Art_2874', 24, '2024-05-23 06:01', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59ypqt/', 'Thank you', '1cyjd76'], ['u/Cheensly', 27, '2024-05-23 06:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l59yu01/', 'Never look back 🫡', '1cyjd76'], ['u/Ok_Art_2874', 17, '2024-05-23 06:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l5a09zo/', 'Yes, you are right.\n\nI have been buying BTC in FOMO mode since 2021. I have accumulated 3 bitcoins, but recently realized that had I used a disciplined DCA approach instead, I might have had 4 or even 5.\n\nSo now, I am wondering if I switch to DCA mode, does it even make a difference to be adding another 0.005 or 0.01 every month to the stash? Or should I just give up and HODL what I got…', '1cyjd76'], ['u/tianavitoli', 14, '2024-05-23 06:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l5a1um7/', "keep stacking no matter what. that's the whole point\n\nevery time I've deviated from this strategy it has cost me\n\ncoinbase let's you setup auto debit. that makes it easy, but just do it, don't think about it. call it every Sunday or whatever, buy the weekly close\n\nnow it seems too small to matter, but how many grains of sand make up a heap?", '1cyjd76'], ['u/MissedMando', 22, '2024-05-23 07:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l5a5xlo/', 'Probs don’t tell people how much you have, hey. \n\nAlso if you have managed to put together that much cash since 2021, don’t be asking reddit for financial strategy - that usually doesn’t end well.', '1cyjd76'], ['u/Life-Duty-965', 10, '2024-05-23 07:58', 'https://www.reddit.com/r/CryptoCurrency/comments/1cyjd76/does_dca_buying_bitcoin_make_sense_at_a_few/l5aay02/', "BTC could also fall by 50%\n\nPrice still barting along around 69k who knows what will happen next.\n\nAlso, at some point we all plan to switch our $hundred buys to $thousand sells, right?\n\nSo our whole community will switch from buying to selling slowly over time.\n\nThis is entirely unprecedented. We just don't know if we'll have the new buyers to support this.\n\nEvery sell needs a buy. \n\nThis is why I diversify. I'm into different coins and traditional too.", '1cyjd76']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, May 23, 2024', 32, '2024-05-23 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/', '1cyjs8n', [['u/Yodel_And_Hodl_Mode', 18, '2024-05-23 08:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5aevl9/', "...except, we're above the last ATH, and that's incredibly bullish for the long term. New all time highs don't usually occur until 4 to 6 months after the halving, when the effect of cutting block rewards in half finally causes enough of a decrease in the supply of new coins hitting the market to make an impact on the market.\n\nThis period of post-halving boredom is the norm.\n\nI'm expecting the real bull run to kick off in autumn. Maybe even summer.", '1cyjs8n'], ['u/Downtown-Ad-4117', 13, '2024-05-23 09:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5aip2i/', 'Looks like you’ve discovered the four year cycle.', '1cyjs8n'], ['u/WhoDidThat97', 14, '2024-05-23 10:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5alrpg/', 'Last ATH was 2 months ago. Was I dreaming ?', '1cyjs8n'], ['u/messisleftbuttcheek', 19, '2024-05-23 10:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5anad5/', "It's been two months dude.", '1cyjs8n'], ['u/incredulouspig', 12, '2024-05-23 11:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5ascs1/', "Sold my stack at 60k because I thought I needed the money. Now I found I don't and it's 10k higher. Wonder if I should buy back or wait for 65 or lower..", '1cyjs8n'], ['u/SpontaneousDream', 11, '2024-05-23 11:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5atc1n/', 'Welcome newcomer', '1cyjs8n'], ['u/mmouse-', 12, '2024-05-23 11:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5au3sg/', 'Zoom out to a weekly chart and ask yourself that question again ;)', '1cyjs8n'], ['u/ThorsBodyDouble', 33, '2024-05-23 12:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5ay8kt/', 'Are we expecting a lot of volatility later this afternoon because of coin #2?', '1cyjs8n'], ['u/Alert-Author-7554', 13, '2024-05-23 12:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5ayve2/', 'very likely', '1cyjs8n'], ['u/NLNico', 15, '2024-05-23 12:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5azed4/', 'Yeah, both 65k and/or new ATH are on the table imo.\n\nBTC ETFs were expected for months, so "sell the news" for few weeks made more sense. These ETFs are really just expected since Monday imo. Of course, Coin2 23% up and BTC 4% up in that time. But imo not enough to price approval in, so I can see both still going up. My only worry would be "just" sweeping the March highs, I guess.', '1cyjs8n'], ['u/Melow-Drama', 24, '2024-05-23 12:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5azsr4/', "Posted my opinion [here](https://www.reddit.com/r/BitcoinMarkets/s/AbGXOE8dCj) - that's a yes IMHO.\n\nPoliticians, the SEC and consequently the Bloomberg ETF guys, Polymarket bets etc. all made a 180 in their assessment.\n\nIn case of approval, I'd expect that we at least test this year's ATH, if not break it.", '1cyjs8n'], ['u/AverageUnited3237', 16, '2024-05-23 13:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5b3zcv/', "Broad rally across risk assets today, BTC will catch a bid and I'm suspecting we see more large inflows from the ETF\n\nbitty_bot! Predict>72,000 24 hours", '1cyjs8n'], ['u/_2f', 13, '2024-05-23 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5ba0q0/', 'Volatility for sure. But it remains to be seen if it’s sell the BTC or buy all crypto (including BTC) news. Maybe both would cancel each other out and we’d be stable on BTC’s side.', '1cyjs8n'], ['u/WhiteFluff21', 18, '2024-05-23 15:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bfi7p/', 'What are we dumping for people…', '1cyjs8n'], ['u/Cultural_Entrance312', 13, '2024-05-23 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bhfwl/', 'On the hourly, BTCs jumps in price have been very orderly. It has been consolidating above the .5- FIB level for 2 days now. RSI is at 45.5 (average 47.8) at time of writing. Nearby resistance are 70.3, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 69.5, 69, 67.4 66.7, 65.7, 64.5, 63, 61.7, 61.3, 60.5, 59, 57.5, 56.7, 55.7 and 54.5. I have added the 50d and 100d SMA since I believe they will start having more influence on future prices supports once we break out to new ATHs.\n\nOn the daily, the RSI is 59.9 and its average is currently at 54.3. I believe a falling wedge had formed. Others have noted a downward channel. BTC has broken out and closed above both. BTC pulled back close to the .382 FIB Thursday and touched the 50d SMA. The 2^(nd) move up also had a nice orderly retrace and test of the 69k area. Same resistances/supports as I mention in the hourly. The 50 and 100 day SMA are starting to act as support (65056/64089). Target for this reverse H&S would be about 75k.\n\nBTC closed green for the week. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It is currently 70.5 (76.3 average). A fat flag formation had formed, and BTC breached the resistance for a moment but is currently just below it. If this is a continuation pattern and is the midpoint, the target would be about 106.7k. Main resistances were noted above.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May could be a red month but it is currently green and will most likely stay that way. Current RSI 69.9\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/nherHLZy/](https://www.tradingview.com/x/nherHLZy/)\n\nDaily: [https://www.tradingview.com/x/zU6B3pI4/](https://www.tradingview.com/x/zU6B3pI4/)\n\nWeekly: [https://www.tradingview.com/x/HhQ0eKDe/](https://www.tradingview.com/x/HhQ0eKDe/)\n\nMonthly: [https://www.tradingview.com/x/Y5UnLDnH/](https://www.tradingview.com/x/Y5UnLDnH/)', '1cyjs8n'], ['u/WhiteFluff21', 11, '2024-05-23 15:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bhmaf/', 'No -1% in under 5 minutes', '1cyjs8n'], ['u/WYLFriesWthat', 24, '2024-05-23 15:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bm2x2/', '::see leveraged longs blowing up yet again. Shakes his head::\n\nGod damn degenerates.', '1cyjs8n'], ['u/xtal_00', 14, '2024-05-23 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bmtgb/', 'Don’t always like being right, but looking for an entry 65-66k.', '1cyjs8n'], ['u/cryptojimmy8', 25, '2024-05-23 15:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bmvci/', 'The dumps always come within 48 hours of calling for the god candle', '1cyjs8n'], ['u/bloodyboy33', 16, '2024-05-23 15:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bnefv/', 'Price just did "nah"', '1cyjs8n'], ['u/WYLFriesWthat', 22, '2024-05-23 15:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bo4iz/', 'Yeah, where the stop losses are.', '1cyjs8n'], ['u/Mbardzzz', 12, '2024-05-23 16:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bpion/', 'I’m going to be SHOCKED if the ETF gets approved', '1cyjs8n'], ['u/stripesonfire', 30, '2024-05-23 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bpzgs/', 'Fuck this range', '1cyjs8n'], ['u/xtal_00', 17, '2024-05-23 16:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bq7hm/', 'Put half my trade stack in at 67750 or so.\n\nLike the volume.', '1cyjs8n'], ['u/Whole-Emergency9251', 13, '2024-05-23 16:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bscd8/', 'Look at that wick down to wipe the 50x degens! Fools never learn.', '1cyjs8n'], ['u/spinbarkit', 11, '2024-05-23 16:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bthlg/', "to be fair I'm still shocked BTC ETFs are approved...", '1cyjs8n'], ['u/BootyPoppinPanda', 11, '2024-05-23 16:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5bulpb/', 'I see no wicks', '1cyjs8n'], ['u/dopeboyrico', 14, '2024-05-23 16:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5buxw4/', 'Problem is I’m always optimistic. I was calling for new ATH before the halving for the first time ever back when people were still debating whether or not the spot ETF’s would get approved.', '1cyjs8n'], ['u/NLNico', 17, '2024-05-23 17:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5c1cpy/', '> We are building a pro-crypto army in Congress. - [Senator Cynthia Lummis](https://x.com/SenLummis/status/1793654641974288558)', '1cyjs8n'], ['u/phrenos', 17, '2024-05-23 17:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5c277x/', 'I don’t want to wake up and have anyone imagine my $66k surprise any more. I’m tired boss.\xa0', '1cyjs8n'], ['u/mdnz', 20, '2024-05-23 17:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5c4g1l/', 'The candle will come, just when you least expect it and also not at the price point you want it to be.', '1cyjs8n'], ['u/NLNico', 12, '2024-05-23 17:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5c6orm/', 'Just as summary, Elizabeth Warren stated in 2023 that she is "building an anti-crypto army". Then lately Trump has been stating that he is building a pro-crypto army (while accepting donations in crypto), from last Tuesday:\n\n> Biden surrogate Elizabeth Warren said in an attack on cryptocurrency that she was building an "anti-crypto army" to restrict Americans’ right to make their own financial choices. MAGA supporters, now with a new cryptocurrency option, will build a crypto army moving the campaign to victory on November 5th! https://www.donaldjtrump.com/news/bc422399-088b-49a0-a39b-c094fad4daf8', '1cyjs8n'], ['u/sgtlark', 16, '2024-05-23 17:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5c86az/', 'People who have been here in the past: is this what building the support for the next bear market low looks like? If it makes sense.', '1cyjs8n'], ['u/Alert-Author-7554', 12, '2024-05-23 18:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5caahr/', "don't make decisions based on previous patterns", '1cyjs8n'], ['u/sgtlark', 21, '2024-05-23 18:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5cdzn9/', '" I\'ve met the founder of Bitcoin, Craig Wright, and he\'s a great guy, top player. He\'s done so much for everyone and now the liberals have dragged him to court to destroy what he created...but hear me out folks, hear me out on this: don\'t trust, verify. He\'s the greatest guy around and I\'m humbled to have, on his own Blockchain, my new, all american stable coin BIGDON which is pegged 1:1 to the wrong decisions democrats make on daily basis. If you love your country and you love our freedom, come join us, BIGDON is for every self respecting American and freedom lover"', '1cyjs8n'], ['u/AccidentalArbitrage', 15, '2024-05-23 18:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/1cyjs8n/daily_discussion_thursday_may_23_2024/l5cea9i/', 'Yes. But just because it will likely be support does not mean it cannot be broken of course.', '1cyjs8n'], ['u/Alert-Author-7... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• The Dow fell more than 600 points on Thursday, marking its worst day of 2024.\n• Nvidia's solid earnings and guidance boosted its stock but the broader market saw a sharp dip.\n• Rate cuts bets faded after services and manufacturing data pointed to still-sticky inflation.\nUS stocks closed sharply lower on Thursday, with Nvidia's earnings in the rearview and traders dealing with fresh fears of sticky inflation and high interest rates.\nNvidiashares soared on Thursday, a day after reporting earnings results that handily beat estimates and providing solid guidance for the current quarter. The stock rose as much as 12%, ultimately closing 9.3% higher at $1,037.99 per share.\nThat was the extent of Thursday's bullishness, with the Dow Jones Industrial Average falling 605 points, while the S&P 500 and the Nasdaq Composite retreated from recent record highs. The drop came after new services and manufacturing PMI data topped economists' estimates, hinting at more inflation pressure for the US economy.\nIn addition, jobless claims were lower than expected, underscoring the continued strength of the labor market. Last week, they came in at 222,000, versus estimates of 220,000.\nThursday's data pressured the outlook for rate cuts later this year. According to theCME FedWatch Tool, market odds of a September cut have dropped below 50%, and June and July rate cuts are essentially off the table.\nThe 10-year Treasury yield jumped four basis points to 4.475%.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,267.84, down 0.74%\n• Dow Jones Industrial Average: 39,065.26, down 1.53% (-605.78 points)\n• Nasdaq composite: 16,736.03, down 0.39%\nHere's what else happened today:\n• Ether could surge 60%after spot ETFs are approved in the US, a trading firm said.\n• A sports bettor cashed out a Hail Mary betthat netted him over $80,000 on a $100 bet.\n• A global labor shortage will send the tech sector soaring, pushing it to over 50% of the total S&P 500, Fundstrat's Tom Lee said.\n• More than half of Americans wrongly believe the US is in a recession, a Harris poll showed.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil slumped 1% to $76.82 a barrel.Brent crude, the international benchmark, dropped 0.75% to $81.30 a barrel.\n• Goldfell 2.43% to $2,334.80 per ounce.\n• The 10-year Treasury yield rose five basis points to 4.482%.\n• Bitcoindropped 2.63% to $67,306.\nRead the original article onBusiness Insider", "The U.S. Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) linked to the price of Ethereum.\nThe move potentially allows these products to start trading later this year. While the ETF issuers still need final approval before launching, Thursday's decision marked an unexpected victory for these firms and the cryptocurrency industry, which, until Monday, had anticipated the SEC would reject the filings.\nIn their comments on the development, TD Cowen analysts said they were “surprised at the timing, but not the outcome.”\n“Approval has been inevitable for a few years. We do see this as clearing the way for more crypto ETFs though it does not represent a change in the SEC's approach to crypto. We still expect it will pursue litigation against tokens and trading platforms,” they added.\nTD Cowen notes that the SEC's approval came about six months earlier than expected. The broker had anticipated the agency would wait a full year after the Bitcoin ETF launch before considering Ether ETF applications and could delay any litigation until early 2025.\nHowever, the approval became inevitable after the SEC sanctioned crypto futures ETFs and subsequently the Bitcoin (BitfinexUSD) ETF earlier this year, making a legal challenge unlikely.\nVanEck, BlackRock (NYSE:BLK), Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise are among the first batch of firms that secured the approval. They had to agree that Ether held in the ETFs would not be used for staking.\nThe next step is for the S-1 filings to be approved, which may take several weeks or longer, said TD Cowen’s team.\n“That said, we do not see this as an insurmountable obstacle,” analysts wrote.\n“Our view is that ETFs which reflect a basket of tokens will also be approved within a year though we will be watching if the initial baskets are just Ether and Bitcoin or if they include other tokens,” they added.\nRelated Articles\nEthereum ETF approval seen as a clearing event for more crypto ETFs\nPlayFi Announces Exclusive Node License Presale on Polygon PoS Network to Empower Gaming Innovation\nSHIB Scores Listing on Major Solana-Centered Exchange, Ripple Forms Coalition With Crypto Heavyweights, Gabor Gurbacs Notes Bitcoin's 17,400% Surge: Crypto News Digest by U.Today", "Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced relatively minor price movements, gaining 0.80% over the past 24 hours, following the surprisingapprovalof eight spot Ether exchange-traded funds (ETFs). After the news of the ETF approvals broke, Ethereum's price briefly surged to $3,935, according to CoinMarketCap data, before settling down at $3,794. Although Ethereum has experienced a 28% surge in the last week, it remains 22% below its all-time high of $4,878, reached in November 2021.\nThe sudden approval of these ETFs by the SEC represents a momentous decision that paves the way for Ethereum trading to take place on Wall Street. The approved funds include the Grayscale Ethereum Trust, Bitwise Ethereum ETF, iShares Ethereum Trust, VanEck Ethereum Trust, ARK/21 Shares Ethereum ETF, Invesco Galaxy Ethereum ETF, Fidelity Ethereum Fund, and Franklin Ethereum ETF.\nThe availability of these ETFs allows everyday investors to purchase shares that trade on stock exchanges and track the price movements of Ethereum. This simplifies the process of buying, selling, and storing Ethereum for traditional investors who may find the world of digital coins and tokens daunting. ETFs are widely recognized and regulated investment vehicles that provide an accessible entry point into the crypto space without requiring extensive technical knowledge.\nThe approval of Ethereum ETFs marks a significant turn of events, as the U.S. Securities and Exchange Commission (SEC) had been silent on the matter for several months, leading many industry experts and analysts to anticipate a rejection. In a similar turn of events earlier this year, the SEC reluctantly approved 11 spot Bitcoin exchange-traded funds, leading to a surge in the price of the largest cryptocurrency to all-time highs of $73,750.", '• Bitcoin (BTC) and ether (ETH) prices declined in the past 24 hours, despite several ether exchange-traded funds being granted approval to list in the U.S.\n• The ether price, which was up more than 20% in the past week, fell 4% after the approval, which became a "sell the news" event.\n• Traders say they expect a significant influx of institutional capital into the ether market in the long term.\nBitcoin {{BTC}} and ether {{ETH}} prices fell in the past 24 hours even as several ether exchange-traded funds (ETFs) wereapproved for listingon U.S. exchanges.\nEther has dropped 4% since the approval, CoinGeckodata shows. It had risen 20% over the course of a week amid indications of pending approval and updated odds of the ETFs getting approved. The broad-basedCoinDesk 20, a liquid index that tracks the biggest tokens, fell 4.5% over 24 hours and the crypto market cap lost 2.9% to $2.5 trillion.\n“Ethereum\'s sell-off on positive news is a typical "buy the rumors, sell the facts" reaction of speculators,” Alex Kuptsikevich, a senior market analyst at FxPro, said in an email to CoinDesk. “We shouldn\'t be surprised if the price pulls back to the $3000 area again, returning to an important consolidation area. From these levels, large institutional investors can start building a position in ETFs.\n“We saw the same in January after the approval of the Bitcoin ETF, which took 19% off its price in the following two weeks before there was a spectacular reversal,” he said.\nThe U.S. Securities and Exchange Commission (SEC) on Thursday approved key regulatory filings tied to ether ETFs, a historic milestone for the second-largest cryptocurrency. They are not, however, cleared to trade. Although the SEC approved the 19B-4 form that allows for the offering and listing of ETFs, it must still green light the funds\' S-1 filings before investors can buy them.\nThe regulator approved documents for eight ETFs – from VanEck, Fidelity, Franklin, Grayscale, Bitwise, ARK Invest 21Shares, Invesco Galaxy and BlackRock – for listing on the Nasdaq, NYSE Arca, and Cboe BZX exchanges.\nIf the ETFs are approved for trading, a significant influx of institutional capital is likely. Standard Charteredpredicted inflowsof as much as $45 billion in the first 12 months.\nSome traders say they expectether to rally over 60%in the coming months, with a marked increase in futures and spot buying demand for the token in the past week.', '• Bitcoin (BTC) and ether (ETH) prices declined in the past 24 hours, despite several ether exchange-traded funds being granted approval to list in the U.S.\n• The ether price, which was up more than 20% in the past week, fell 4% after the approval, which became a "sell the news" event.\n• Traders say they expect a significant influx of institutional capital into the ether market in the long term.\nBitcoin {{BTC}} and ether {{ETH}} prices fell in the past 24 hours even as several ether exchange-traded funds (ETFs) wereapproved for listingon U.S. exchanges.\nEther has dropped 4% since the approval, CoinGeckodata shows. It had risen 20% over the course of a week amid indications of pending approval and updated odds of the ETFs getting approved. The broad-basedCoinDesk 20, a liquid index that tracks the biggest tokens, fell 4.5% over 24 hours and the crypto market cap lost 2.9% to $2.5 trillion.\n“Ethereum\'s sell-off on positive news is a typical "buy the rumors, sell the facts" reaction of speculators,” Alex Kuptsikevich, a senior market analyst at FxPro, said in an email to CoinDesk. “We shouldn\'t be surprised if the price pulls back to the $3000 area again, returning to an important consolidation area. From these levels, large institutional investors can start building a position in ETFs.\n“We saw the same in January after the approval of the Bitcoin ETF, which took 19% off its price in the following two weeks before there was a spectacular reversal,” he said.\nThe U.S. Securities and Exchange Commission (SEC) on Thursday approved key regulatory filings tied to ether ETFs, a historic milestone for the second-largest cryptocurrency. They are not, however, cleared to trade. Although the SEC approved the 19B-4 form that allows for the offering and listing of ETFs, it must still green light the funds\' S-1 filings before investors can buy them.\nThe regulator approved documents for eight ETFs – from VanEck, Fidelity, Franklin, Grayscale, Bitwise, ARK Invest 21Shares, Invesco Galaxy and BlackRock – for listing on the Nasdaq, NYSE Arca, and Cboe BZX exchanges.\nIf the ETFs are approved for trading, a significant influx of institutional capital is likely. Standard Charteredpredicted inflowsof as much as $45 billion in the first 12 months.\nSome traders say they expectether to rally over 60%in the coming months, with a marked increase in futures and spot buying demand for the token in the past week.', 'The Securities and Exchange Commission on Thursday approved a rule change that sets up proposed spot Ethereum ETFs for final approval.\nThe SEC must still approve the S-1 registration statements, but observers of the process have said such approvals are generally a formality.\nThe announcement on Thursday on the agency\'s website seemed unlikely barely a week ago and underscores the growing demand for cryptocurrency-based investments.\nThe decision affects funds proposed by VanEck, BlackRock, Fidelity, Bitwise, Ark 21 Shares, Grayscale. These new products will be based on the ongoing price of ether the native cryptocurrency of the smart contracts Ethereum blockchain. Existing ether-based ETFs are based on futures contracts.\n"This approval order is based on all of the Exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated," the SEC said inthe filing. "For the reasons set forth above, including the Commission’s correlation analysis, the Commission finds that the Proposals are consistent with the requirements of the Exchange Act and the rules and regulations thereunder applicable to a national securities exchange\nEther fell about 5% since the announcement, to about $3,710 this morning after was recently trading hands at about $3,820 shortly after the SEC statement last night, according to crypto markets data provider CoinMarketCap. The second largest digital asset behind bitcoin in market capitalization has risen more than 30% over the past week with much of the gains coming after the SEC signaled a willingness to approve the rules change. In the days before Thursday\'s announcement, the agency asked issuers to amend the 19b-4 forms to address concerns about investor protections and regulatory oversight.\nThe updated applications have eliminated staking rewards, a high-risk strategy in which investors use ether as collateral to validate transactions on the blockchain.\nVanEck and Ark/21 Shares filed their spot Ethereum proposals on Sept. 6. Seven other issuers filed their applications in the ensuring seven months, including Grayscale, BlackRock, and Fidelity, whose slightly more than four-month-old spot bitcoin funds are the largest by assets under management. The 11 spot bitcoin funds have generated about $13 billion in inflows.\nDespite the spot bitcoin funds\' success, investors and analysts doubted that the SEC would greenlight VanEck\'s and other spot ether-based funds—at least any time soon.\nThe agency had been concerned that spot Ethereum ETFs are vulnerable to market manipulation and fraud, which agency Chairman Gary Gensler has argued plage digital assets, and which presented an obstacle to spot bitcoin approvals. But amid robust demand and shifting political winds that have seen once crypto-shy Democrats join Republicans in support of digital asset-related investments, the SEC seemed to become more receptive to the products based on ether\'s price.\nGrayscale praised the decision in a statement.\n"At Grayscale, we appreciate the opportunity to engage constructively with regulators as they review spot Ethereum ETFs, and we remain optimistic about the potential of bringing Ethereum further into the US regulatory perimeter in the ETF wrapper," a company spokesperson said.\nBut in a note to etf.com, Peter Eberle, president and chief investment officer of Lafayette, Calif.-based digital asset fund manager Castle Funds, wrote that he was "surprised" by the SEC decision and was uncertain about investor interest in the products.\n"As a long-term investor in ETH, we stake our ETH, which earns us about 3%," he wrote. "These ETF’s will not be allowed to stake."\nHe added: "I also don’t believe that institutional investors need to add ETH to their portfolio since it is highly correlated to BTC. If they allocate 1-3% to crypto, do they really need both BTC and ETH? I am bullish on ETH despite my skepticism of ETH ETFS."\nPermalink\| © Copyright 2024etf.com.All rights reserved', 'The meme stock rally of 2021 will go down in the books of financial history as one of the craziest periods of euphoria. The big meme stock rally was followed by an extended period of correction for speculative stocks. With some notablememe stocksskyrocketing in the recent past, it seems that the meme season is back. It’s, therefore, a good time to look at meme stocks to buy that have remained relatively depressed.\nAn important catalyst is likely to back the meme stock frenzy. Potential rate cuts are impending in the second half of the year. It’s worth noting that tight monetary policies impacted the big rally in meme andgrowth stocks.With the possibility of expansionary policies in the coming months, speculative activity is likely to increase.\nSo, let’s talk about three meme stocks to buy that can deliver 2x or 3x returns within the next six months.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: rafapress / Shutterstock.com\nIt’s worth noting thatBitcoin(BTC-USD) is back to $70,000 levels. With growing optimism related toEthereum(ETH-USD) ETF approval, the rally in cryptocurrencies will likely sustain. Potential rate cuts in the second half of 2024 will also support upside in crypto assets. It’s, therefore, a good time to consider exposure to undervalued Bitcoin miners.Riot Platforms(NASDAQ:RIOT) is my top pick, with the stock trading at a forward P/E of 22.\nWhile I am talking about meme stocks, RIOT represents a company with strong fundamentals. As of Q1 2024, the company reported a cash buffer (including Bitcoin holdings) of $1.3 billion. Further, with a zero-debt balance sheet, the company is positioned to make aggressive investments.\nIt’s also worth noting that as of Q1 2024, Riot reported a hash rate capacity of 12.4 EH/s. By the end of the year, the company istargeting a capacityof 31.5 EH/s. The big jump in capacity is likely to translate into stellar revenue and EBITDA growth. That factor will likely be discounted in the stock in the coming quarters.\nWith the presidential elections due later this year, it’s a good idea to hold somecannabis stocksfor multibagger returns. The legalization of cannabis at the federal level will likely be a hot topic of discussion, and there will be price-action in some of the best cannabis picks.\nCronos Group(NASDAQ:CRON) looks attractive at current levels of $2.79. If cannabis is reclassified as a Schedule III drug and federal-level legalization is a key agenda after elections, I expect CRON stock to trade in double digits.\nHowever, even if we leave these factors aside, Cronos is worth considering. The company ended Q1 2024 with arobust cash bufferof $855 million. This provides Cronos with high flexibility to pursue organic and acquisition-driven growth.\nIt’s worth noting that in the recent past, the company has entered new geographies of Germany, Australia and the United Kingdom. This will likely support accelerated revenue growth in the coming quarters. Further, I expect sustained improvement in EBITDA on the back of cost-cutting and operating leverage.\nSource: David Tonelson/Shutterstock.com\nBlink Charging(NASDAQ:BLNK) stock has witnessed a sharp correction of 55% in the last 12 months. Considering the business developments, BLNK stock looks oversold and is poised for a big rally. I would not be surprised if the stock doubles from current levels by the end of the year.\nFor Q1 2024, Blink Charging reported healthy revenue growth of 73% on a year-on-year basis to $37.6 million. Further, the company guided for a gross margin of 33% for the full year andpositive adjusted EBITDAby December 2024. This is a key catalyst for BLNK stock upside in the coming quarters.\nIt’s also worth noting that Blink has 77% of chargers deployed in North America. The expansion in the European markets is still at an early stage. That will ensure healthy top-line growth.\nAt the same time, as the number of EV charging stations deployed increases, service revenue will swell. This will support EBITDA margin expansion beyond 2024. Therefore, with growth and margin expansion catalysts, I am bullish on a big rally for BLNK stock from oversold levels.\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postLaugh Your Way to the Bank: 3 Meme Stocks to Buy as the Mania Returnsappeared first onInvestorPlace.', "Bitcoin(CRYPTO: BTC), the world's first and most well-known cryptocurrency, has experienced significant milestones and events throughout its history. Among these, the scheduledhalvingevents stand out as pivotal moments that profoundly impacted the cryptocurrency's supply and demand dynamics.\nLet's explore the recent Bitcoin halving and how it compares to previous ones. There are similarities and differences across the halving cycles, so let's see what it all means for investors.\nThe similarities between the recent Bitcoin halving and its predecessors are relatively straightforward. Like previous halvings, this event cut the reward for Bitcoin mining in half, effectively halving Bitcoin's inflation rate and altering its supply and demand dynamics.\nHowever, despite the clear effects the halving has on Bitcoin's fundamentals, its impact on price is rarely immediate. As with past halvings, Bitcoin is experiencing sideways trading or even slight price declines in the months following the event.\nSince the recent halving, Bitcoin's price has exhibited similar jostling price action. It hovered around $63,000 at the time of the halving, experienced a minor sell-off, and subsequently regained some of those losses. This pattern of post-halving price volatility is consistent with historical trends, with such fluctuations lasting for anywhere between two and four months.\nWhile there are several similarities to past halvings, two glaring differences set the recent halving apart. First, Bitcoin reached an all-time high before the halving, a scenario unprecedented in previous halvings. The approval of spot Bitcoin ETFs in January contributed to significant buying activity. At one point, the Bitcoin buying volume was 10 times the daily issuance rate, driving Bitcoin's price to over $73,000 in late March.\nIn part, the subsequent price decline can be attributed to profit-taking following the hype surrounding the ETF approval and the halving event. On-chain data shows that long-term Bitcoin holders engaged in the largest profit realization since early 2021, subsequently causing its price to slip. That's a side effect of converting lots of paper profits into actual cash gains.\nSecond, and arguably most important, is the significant decline in Bitcoin's inflation rate, which now stands at an unprecedented low of 0.85%. At this level, Bitcoin's inflation rate has now officially ducked below that of what many believe is the superior hedge against inflation:gold.\nThe importance of this achievement cannot be overstated. It solidifies Bitcoin's position as a digital gold, offering superior protection against the erosive effects of inflation. Inflation is eroding the purchasing power of traditional fiat currencies and even physical assets like gold, which are inflated from mining activities. By contrast, Bitcoin's ability to maintain a lower inflation rate underscores its resilience and attractiveness as a long-term store of wealth. This historic milestone and future halvings will further cement its status as a premier asset in the global financial landscape.\nInvestors should temper their expectations for short-term gains in the wake of the recent halving, as Bitcoin's price may continue to experience volatility in the coming months. However, there are solid reasons for serious long-term optimism.\nHistorically, in the year following a halving, Bitcoin has risen by more than 400% and reached new all-time highs. While Bitcoin has already achieved a new all-time high, the effects of this halving, combined with increased demand from recently approved spot Bitcoin ETFs, could exert significant pressure on its supply in the long term.\nWhile the exact trajectory of Bitcoin's price remains uncertain, the factors are in place for this halving to treat Bitcoin as favorably as, if not better than, past halvings. In the meantime, investors should exercise patience and view any short-term dips as opportunities to allocate some funds to this transformative digital asset. Rest assured, just as the days of a sub $10,000 Bitcoin are long gone, a sub $100,000 Bitcoin should soon be a distant memory.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $581,764!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHere's How the Bitcoin Halving Is Playing Outwas originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC), the world's first and most well-known cryptocurrency, has experienced significant milestones and events throughout its history. Among these, the scheduledhalvingevents stand out as pivotal moments that profoundly impacted the cryptocurrency's supply and demand dynamics.\nLet's explore the recent Bitcoin halving and how it compares to previous ones. There are similarities and differences across the halving cycles, so let's see what it all means for investors.\nThe similarities between the recent Bitcoin halving and its predecessors are relatively straightforward. Like previous halvings, this event cut the reward for Bitcoin mining in half, effectively halving Bitcoin's inflation rate and altering its supply and demand dynamics.\nHowever, despite the clear effects the halving has on Bitcoin's fundamentals, its impact on price is rarely immediate. As with past halvings, Bitcoin is experiencing sideways trading or even slight price declines in the months following the event.\nSince the recent halving, Bitcoin's price has exhibited similar jostling price action. It hovered around $63,000 at the time of the halving, experienced a minor sell-off, and subsequently regained some of those losses. This pattern of post-halving price volatility is consistent with historical trends, with such fluctuations lasting for anywhere between two and four months.\nWhile there are several similarities to past halvings, two glaring differences set the recent halving apart. First, Bitcoin reached an all-time high before the halving, a scenario unprecedented in previous halvings. The approval of spot Bitcoin ETFs in January contributed to significant buying activity. At one point, the Bitcoin buying volume was 10 times the daily issuance rate, driving Bitcoin's price to over $73,000 in late March.\nIn part, the subsequent price decline can be attributed to profit-taking following the hype surrounding the ETF approval and the halving event. On-chain data shows that long-term Bitcoin holders engaged in the largest profit realization since early 2021, subsequently causing its price to slip. That's a side effect of converting lots of paper profits into actual cash gains.\nSecond, and arguably most important, is the significant decline in Bitcoin's inflation rate, which now stands at an unprecedented low of 0.85%. At this level, Bitcoin's inflation rate has now officially ducked below that of what many believe is the superior hedge against inflation:gold.\nThe importance of this achievement cannot be overstated. It solidifies Bitcoin's position as a digital gold, offering superior protection against the erosive effects of inflation. Inflation is eroding the purchasing power of traditional fiat currencies and even physical assets like gold, which are inflated from mining activities. By contrast, Bitcoin's ability to maintain a lower inflation rate underscores its resilience and attractiveness as a long-term store of wealth. This historic milestone and future halvings will further cement its status as a premier asset in the global financial landscape.\nInvestors should temper their expectations for short-term gains in the wake of the recent halving, as Bitcoin's price may continue to experience volatility in the coming months. However, there are solid reasons for serious long-term optimism.\nHistorically, in the year following a halving, Bitcoin has risen by more than 400% and reached new all-time highs. While Bitcoin has already achieved a new all-time high, the effects of this halving, combined with increased demand from recently approved spot Bitcoin ETFs, could exert significant pressure on its supply in the long term.\nWhile the exact trajectory of Bitcoin's price remains uncertain, the factors are in place for this halving to treat Bitcoin as favorably as, if not better than, past halvings. In the meantime, investors should exercise patience and view any short-term dips as opportunities to allocate some funds to this transformative digital asset. Rest assured, just as the days of a sub $10,000 Bitcoin are long gone, a sub $100,000 Bitcoin should soon be a distant memory.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $581,764!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHere's How the Bitcoin Halving Is Playing Outwas originally published by The Motley Fool", 'The United States Securities and Exchange Commission (SEC) approved a series of spot Ether exchange-traded funds (ETFs) on Thursday.\nThe approval includes ETFs from VanEck, BlackRock, Fidelity, Grayscale, and others, paving the way for their trading on trading exchanges.\nThe SEC’s greenlight follows a bipartisan appeal from legislators urging the regulator to apply the same principles used for Bitcoin ETFs earlier this year.\nAnnounced on May 23, this decision arrives amidst legislative efforts to define the regulatory roles of the SEC and the Commodity Futures Trading Commission in the crypto industry, with the Financial Innovation and Technology for the 21st Century Act still pending in the Senate.\nTrading of the Ether ETFs hinges on the completion of their S-1 registration statements, despite the approval of their 19b-4 filings.\xa0This process could take from a few days to several months.\nHistorically, the SEC has greenlit such applications post-market close, with the industry eyeing the final deadline for the VanEck Ethereum ETF application for a potential decision.\nThe approval process is complex, often requiring multiple revisions before the S-1 forms are finalized.', "In a landmark move, the US Securities and Exchange Commission (SEC) has given the green signal for the potential launch of eight exchange-traded funds (ETFs) linked to ether, the second-largest cryptocurrency globally. This decision follows the earlier approval of bitcoin ETFs, marking a pivotal shift in the regulatory environment for digital assets.\nThe SEC's approval of ether ETFs marks a notable shift from its historical stance against the crypto industry. Key legal victories, such as Grayscale's success in challenging the SEC's decisions, have influenced the agency's reconsideration of spot ETF applications.\nThe SEC's approval involved pivotal rule changes facilitating ETFs directly investing in ether, Ethereum's native cryptocurrency. Major financial entities such as BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton received the green light. However, further approvals are necessary before these products can officially debut.\nNotably, the SEC's decision followed months of anticipation, with the regulator unexpectedly providing feedback on pending applications earlier in the week. This prompt action likely stemmed from impending deadlines for responses to ether ETF applications.\nThe anticipation surrounding these approvals has sparked a surge in ether's price, climbing over 20% since Monday and more than 60% since the year's commencement. This surge indicates investors' growing confidence in cryptocurrency's mainstream acceptance.\nEther currently has a market capitalization of more than $450 billion, making up about 18% of crypto's total market value, according to CoinMarketCap, as quoted on Yahoo Finance.\nCommenting on the development, Sergey Nazarov, co-founder of Chainlink, emphasized the significance of Ethereum ETF approval in propelling crypto adoption within capital markets, as quoted on business today. Similarly, Sumit Gupta, Co-founder of CoinDCX, hailed the SEC's green light for spot Ether ETFs as a “watershed moment”, nurturing mainstream adoption and reflecting a maturing regulatory environment, the above source indicated.\nThe SEC's approval sets the stage for the potential inclusion of ether in investment portfolios, including retirement accounts and pension plans. The SEC's move should act as a cornerstone for the entire crypto industry and boost bitcoin prices too, which have been gaining traction since receiving approval earlier this year (read: 4 Reasons to Bet on Bitcoin ETFs for the Rest of 2024).\nInvestors should also note thatin Washington, a bill aimed at reducing the SEC's influence on crypto and establishing the Commodity Futures Trading Commission (CFTC) as the primary regulator for cryptocurrencies has passed the US House of Representatives. This legislative push reflects evolving attitudes toward crypto regulation.\nAgainst this backdrop, investors can keep track of bitcoin ETFs likeGrayscale Bitcoin TrustGBTC,iShares Bitcoin TrustIBIT,Fidelity Wise Origin Bitcoin FundFBTC,ARK 21Shares Bitcoin ETFARKB andBitwise Bitcoin ETF TrustBITB for gains. The fund GBTC, IBIT, FBTC, ARKB and BITB added 1.31%, 1.23%, 1.19%, 1.24% and 1.15%, respectively, in after hours on May 23, 2024.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nGrayscale Bitcoin Trust ETF (GBTC): ETF Research Reports\niShares Bitcoin Trust (IBIT): ETF Research Reports\nFidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports\nARK 21Shares Bitcoin ETF (ARKB): ETF Research Reports\nBitwise Bitcoin ETF (BITB): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research", "In a landmark move, the US Securities and Exchange Commission (SEC) has given the green signal for the potential launch of eight exchange-traded funds (ETFs) linked to ether, the second-largest cryptocurrency globally. This decision follows the earlier approval of bitcoin ETFs, marking a pivotal shift in the regulatory environment for digital assets.\nThe SEC's approval of ether ETFs marks a notable shift from its historical stance against the crypto industry. Key legal victories, such as Grayscale's success in challenging the SEC's decisions, have influenced the agency's reconsideration of spot ETF applications.\nThe SEC's approval involved pivotal rule changes facilitating ETFs directly investing in ether, Ethereum's native cryptocurrency. Major financial entities such as BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton received the green light. However, further approvals are necessary before these products can officially debut.\nNotably, the SEC's decision followed months of anticipation, with the regulator unexpectedly providing feedback on pending applications earlier in the week. This prompt action likely stemmed from impending deadlines for responses to ether ETF applications.\nThe anticipation surrounding these approvals has sparked a surge in ether's price, climbing over 20% since Monday and more than 60% since the year's commencement. This surge indicates investors' growing confidence in cryptocurrency's mainstream acceptance.\nEther currently has a market capitalization of more than $450 billion, making up about 18% of crypto's total market value, according to CoinMarketCap, as quoted on Yahoo Finance.\nCommenting on the development, Sergey Nazarov, co-founder of Chainlink, emphasized the significance of Ethereum ETF approval in propelling crypto adoption within capital markets, as quoted on business today. Similarly, Sumit Gupta, Co-founder of CoinDCX, hailed the SEC's green light for spot Ether ETFs as a “watershed moment”, nurturing mainstream adoption and reflecting a maturing regulatory environment, the above source indicated.\nThe SEC's approval sets the stage for the potential inclusion of ether in investment portfolios, including retirement accounts and pension plans. The SEC's move should act as a cornerstone for the entire crypto industry and boost bitcoin prices too, which have been gaining traction since receiving approval earlier this year (read: 4 Reasons to Bet on Bitcoin ETFs for the Rest of 2024).\nInvestors should also note thatin Washington, a bill aimed at reducing the SEC's influence on crypto and establishing the Commodity Futures Trading Commission (CFTC) as the primary regulator for cryptocurrencies has passed the US House of Representatives. This legislative push reflects evolving attitudes toward crypto regulation.\nAgainst this backdrop, investors can keep track of bitcoin ETFs likeGrayscale Bitcoin TrustGBTC,iShares Bitcoin TrustIBIT,Fidelity Wise Origin Bitcoin FundFBTC,ARK 21Shares Bitcoin ETFARKB andBitwise Bitcoin ETF TrustBITB for gains. The fund GBTC, IBIT, FBTC, ARKB and BITB added 1.31%, 1.23%, 1.19%, 1.24% and 1.15%, respectively, in after hours on May 23, 2024.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nGrayscale Bitcoin Trust ETF (GBTC): ETF Research Reports\niShares Bitcoin Trust (IBIT): ETF Research Reports\nFidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports\nARK 21Shares Bitcoin ETF (ARKB): ETF Research Reports\nBitwise Bitcoin ETF (BITB): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research", 'Chicago, IL – May 24, 2024 – Zacks Equity Research sharesOnespanOSPN as the Bull of the Day andAlibabaBABA as the Bear of the Day. In addition, Zacks Equity Research provides analysis onBlock, Inc.SQ,Coinbase Global, Inc.COIN andNVIDIA Corp.NVDA.\nHere is a synopsis of all five stocks:\nOnespanis a Zacks Rank #1 (Strong Buy) that has a D for Value and an A for Growth. This is a security software company that focuses on e-signatures and fraud protection. Let\'s explore more about this company in this Bull of The Day article.\nOneSpan Inc. provides software services. The Company designs and develops security software and e-signature solutions which protects devices and financial transactions from fraud and misuse. It delivers risk analytics, mobile security and authentication services. OneSpan Inc., formerly known as Vasco Data Sec, is based in Chicago\nWhen I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market\'s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.\nFor Onespan, I see three straight beats and one miss of the Zacks Consensus Estimate over the last year. The average positive earnings surprise over the last year works out to be a positive 501%.\nTwo quarters ago the company posted EPS of $0.19 when $0.01 was expected. That 18 cent beat translated into a positive earnings surprise of 1,800% and skewed the average over the last year.\nEarnings estimates revisions is what the Zacks Rank is all about.\nThe consensus estimate for the current quarter has held still at $0.19\nNext quarter has no estimate at the moment on the Zacks system.\nThe full fiscal year 2024 estimate has moved from $0.99 to $1.07 over the last 60 days.\nNext year has moved from $1.16 to $1.21.\nThe forward PE multiple for OSPN is 11.8x which is well below the market multiple and the multiple of many of its peers. The price to book multiple comes in at 2.8x and the price to sales multiple checks in at 1.97x. The company has seen operating margins flip from negative 7.5% to a positive 4.4% over the last three quarters. When a company has good revenue growth and an increase in operating margins they will often also see an increase in EPS.\nAlibabais a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower after a recent earnings beat. The company s. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.\nAlibaba Group Holding is one of the leading e-commerce giants in China. Over the last few years, the company has transformed itself from being a traditional e-commerce company to a conglomerate that has businesses ranging from logistics and food delivery to cloud computing.\nWhen I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market\'s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.\nIn the case of Alibaba, I see three beats and one miss of the Zacks Consensus Estimate. The most recent quarter was a beat with the company posting $1.40 when $1.24 was expected. This alone does not make the stock a Zacks Rank #1 (Strong Buy) and it doesn\'t make it a Zacks Rank #5 (Strong Sell) either.\nThe Zacks Rank does care about the earnings history, but it is much more heavily influenced by the movement of earnings estimates.\nThe Zacks Rank tells us which stocks are seeing earnings estimates move higher or in this case lower. For BABA I see annual estimates moving lower of late.\nThe current year (2024) consensus number moved lower from $8.99 to $8.26 over the last 60 days.\nThe next year has moved from $10.10 to $9.17 over the last 60 days.\nNegative movement in earnings estimates like that is why this stock is a Zacks Rank #5 (Strong Sell).\nIt should be noted that a lot of stocks in the Zacks universe are seeing negative earnings estimate revisions. That means that the stocks that are seeing small but negative earnings estimate revisions are falling to a Zacks Rank #5 (Strong Sell).\nThe price of Bitcoin (BTC) gained momentum in 2021 due to institutional adoption but took a beating in 2022 amid regulatory and environmental issues. However, Bitcoin had a prodigious 2023, with the price of the flagship cryptocurrency surging 157%. The bullish momentum continued in 2024, with Bitcoin\'s price scaling past the $60,000 mark in early March and soaring above the $71,000 threshold in early May 21.\nThe Federal Reserve official\'s recent concerns about price pressures, with many remaining hesitant to trim interest rates soon, regrettably, dampened the price of Bitcoin on May 22. Bitcoin is trading slightly above the $69,000 mark, but crypto market aficionados expect the bullish run to continue as long as the price doesn\'t breach this level.\nThe price of Bitcoin has already soared more than 50% so far this year, easily surpassing equities and bonds. And the upward trajectory is poised to last mostly due to the regulatory approval of 10 spot Bitcoin ETFs in January. Morningstar Direct confirmed that the 10 spot Bitcoin ETFs witnessed a net inflow of $7 billion through the end of February.\nThanks to the regulatory approvals, retail and institutional investors have gained exposure to the world\'s numero uno cryptocurrency through brokerage accounts. This has legitimized Bitcoin\'s status as a credible asset class, which should help its price scale upward in the near future. The likelihood of spot ether ETF is also expected to drive Bitcoin\'s rally. The SEC has asked the exchanges aiming to list ether ETFs to update their 19b-4 filings.\nMoreover, strong bipartisan support has recently helped the House of Representatives pass a landmark crypto bill. Almost all the Republicans and 71 Democrats voted in favor of the crypto legislation, a tell-tale sign that Washington has faith in the trustworthiness of the digital asset sector. The shifting stance of the Biden administration no doubt bodes well for the price of Bitcoin and other digital coins.\nThus, with things looking hunky-dory for Bitcoin, astute investors should keep an eye on stocks that can make the most the Bitcoin\'s relentless bullish run. Some of the notable names areBlock, Inc.,Coinbase Global, Inc.andNVIDIA Corp..\nDigital payment companyBlockgenerates revenues from products like Cash App. In this platform, Bitcoin is purchased and sold. Block can increase its customer base substantially and boost profit margins. Block currently has a Zacks Rank #3 (Hold). You can seethe complete list of today\'s Zacks #1 (Strong Buy) Rank stocks here.\nThe Zacks Consensus Estimate for Block\'s current-year earnings has increased by 2% over the past 60 days. Block\'s expected earnings growth rate for the current year is 73.9%. Its estimated revenue growth rate for the current year is 15.1%.\nCoinbaseis a crypto trading platform where several digital assets, including Bitcoin, are traded. Coinbase currently has a Zacks Rank #1.\nThe Zacks Consensus Estimate for Coinbase\'s current-year earnings has increased by 357.3% over the past 60 days. Coinbase\'s expected earnings growth rate for the current year is 1,840.5%. Its estimated revenue growth rate for the current year is 83.5% (read more: 2 Stocks in Cathie Wood\'s Portfolio to Watch Now).\nSemiconductor giantNVIDIAis designing GPUs for mining cryptos such as Bitcoin. NVIDIA recently reported first-quarter earnings results, ending on Apr 28, 2024, which shattered Wall Street expectations. NVIDIA currently has a Zacks Rank #1.\nThe Zacks Consensus Estimate for NVIDIA\'s current-year earnings has increased by 2.5% over the past 60 days. NVIDIA\'s expected earnings growth rate for the current year is 89.2%. Its estimated revenue growth rate for the current year is 77.7%.\nWhy Haven\'t You Looked at Zacks\' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P\'s +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%and+55.2%per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nhttps://www.zacks.com\nZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nAlibaba Group Holding Limited (BABA) : Free Stock Analysis Report\nBlock, Inc. (SQ) : Free Stock Analysis Report\nONESPAN INC (OSPN) : Free Stock Analysis Report\nCoinbase Glo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,328,723,537,969 - Hash Rate: 671140034.7624127 - Transaction Count: 736439.0 - Unique Addresses: 483309.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC). According to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency. However, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider. This move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks ended the week mixed on Friday after an inflation scare and Nvidia\'s earnings report.\n• Investors will look ahead to next week\'s PCE data to gauge which direction inflation is headed.\n• Nvidia earnings helped push up tech stocks and drove the Nasdaq 100 to an overall gain this week.\nUS stocks traded higher on Friday, but finished the week mixed after an inflation scare following strong economic data and the release of Nvidia\'s solid first-quarter earnings report.\nFor the week, the Dow Jones Industrial Average dropped 2.3%, while the S&P 500 traded about flat and the Nasdaq 100 rose about 1.4%.\nStrong economic data from the PMI release on Thursday set off a fresh inflation scare, with robust services and manufacturing readings hinting that the Federal Reserve will keep interest rates higher for longer.\nThe chances of a Fed rate cut were pushed back from September to the November FOMC meeting,\xa0according to theCME FedWatch Tool.\nInvestors will look to next week\'s release of PCE data to gauge which direction inflation is moving.\n"Next Friday\'s release of the PCE report could offer the market a decidedly positive catalyst if the data comes in cooler than expectations. Absent that, even if the PCE remains steady the market could be satisfied that inflation remains somewhat contained, but yesterday\'s market action suggests that investors and traders alike are losing patience with the Fed\'s inability to quell prices that insist on rising," LPL Financial\'s chief global strategist Quincy Krosby said.\nMeanwhile, Nvidia\'s strong first-quarter earnings report released on Wednesday helped drive AI-related tech stocks sharply higher. The Nasdaq 100 finished the week at a new record closing high. Shares of the chip maker soared to record levels above $1,000 as it reported results that beat estimates for both earnings and revenue, while drumming up excitement for its next generation Blackwell chip.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,304.72, up 0.7%\n• Dow Jones Industrial Average:39,069.59, up 0.01% (+4.33 points)\n• Nasdaq composite:16,920.79, up 1.1%\nHere\'s what else happened today:\n• Nvidia stock could plunge 20% in the next 18 months as it is likely to face a surge in competition,according to DA Davidson analyst Gil Luria.\n• A sports bettor scored an 80,860% gain on a $100 parlay ticket for the NBA Championship.He could have won as much as $1.7 million.\n• Ether could surge as much as 60% if spot ETFs are approved by the SEC,according to one research firm.\n• Apple will be worth more than $4 trillion next year thanks to its upcoming WWDC AI eventand the launch of the iPhone 16, according to Wedbush.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.11% to $77.72 a barrel.Brent crude, the international benchmark, was higher by 0.92% to $82.11 a barrel.\n• Goldedged lower by 0.11% to $2,334.60 per ounce.\n• The 10-year Treasury yield fell one basis point to 4.47%.\n• Bitcoinrose 1.76% to $69,142.\nRead the original article onBusiness Insider', "Lawrence Brock, the Chief People Officer ofCoinbase Global Inc (NASDAQ:COIN), executed a sale of 16,456 shares of the company on May 23, 2024. The transaction was reported in a recentSEC Filing. Following this transaction, the insider now owns 16,140 shares of the company.\n• Warning! GuruFocus has detected 5 Warning Signs with COIN.\nCoinbase Global Inc operates as a digital currency exchange and wallet service, allowing users to buy, sell, and store digital assets such as Bitcoin and Ethereum. It is one of the leading platforms in the cryptocurrency industry.\nOver the past year,Lawrence Brockhas sold a total of 419,591 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed at Coinbase Global Inc, where there have been no insider buys but 131 insider sells over the past year.\nOn the date of the sale, shares of Coinbase Global Inc were priced at $223.34, valuing the company with amarket capof approximately $58.36 billion. Theprice-earnings ratioof the company stands at 42.91, which is above both the industry median of 18.87 and the historical median for the company.\nThe stock's valuation metrics show aGF Valueof $103.57, leading to a price-to-GF-Value ratio of 2.16. This indicates that the stock is significantly overvalued according to GuruFocus' intrinsic value estimate, which factors in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.\nThis insider selling activity could be of interest to investors monitoring insider behaviors and evaluating the stock's current valuation in the context of its historical performance and industry standards.\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.\nThis article first appeared onGuruFocus.", 'Risk assets usually perform better when interest rates are low. So speculation that stubborn inflation will cause Federal Reserve policymakers to reduce rates more slowly than anticipated has been a headwind for cryptocurrencies in recent weeks.\nIndeed, whileBitcoin(CRYPTO: BTC)rallied to a new record high of $73,000 in March, its price has since slipped 7% to $68,000. However, several Wall Street analysts see substantial upside for patient investors.\n• Tom Lee, managing partner and Head of Research at Fundstrat Global Advisors, believes the combination of recently approved spot Bitcoin exchange-traded funds (ETFs), the recent halving of Bitcoin block subsidies, and the eventual easing of monetary policy (lower interest rates) could push Bitcoin to $150,000 by 2025 and $500,000 by 2029. That last figure implies 635% upside from its current price of $68,000.\n• Anthony Scaramucci, founder and managing partner at SkyBridge Capital, recently told CNBC spot Bitcoin ETFs could propel the cryptocurrency past the market capitalization of gold, which is currently about $16 trillion. In that scenario, a single Bitcoin would be worth about $800,000, implying about 1,075% upside from its current price.\n• Cathie Wood, CEO and CIO at Ark Invest, believes spot Bitcoin ETFs will eventually capture about 5% of institutional assets under management, pushing the price of a single Bitcoin to $3.8 million. That estimate implies about 5,480% upside from its current price.\nAs a caveat, investors should never put too much confidence in price targets. They are simply educated guesses about what might happen in the future. That said, Bitcoin warrants further consideration given the tremendous upside implied by the price targets above. Here\'s what investors should know.\nThe price ofBitcoinis based on supply and demand. However, because supply is limited to 21 million coins, demand is the most consequential variable. That means the future price trajectory of Bitcoin depends on whether demand increases or decreases from its current level.\nTwo recent developments could boost demand in the coming months and years. First, the Security and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024. Second, the Bitcoin block subsidy was cut in half in April 2024.\nSpot Bitcoin ETFs provide investors with direct Bitcoin exposure through their brokerage accounts, meaning they do not need to create new accounts with cryptocurrency exchanges. Additionally, while spot Bitcoin ETFs charge annual fees expressed as an expense ratio, they are often lower than the transaction fees charged by cryptocurrency exchanges.\nIn short, spot Bitcoin ETFs reduce friction for both retail investors and institutional investors. When I say institutional investors, I am referring to professional money managers like family offices, endowments, hedge funds, insurance companies, and investment banks. Institutional assets under management (AUM) are forecasted to reach $145 trillion by 2025, according to PwC. If even a small fraction of that total was allocated to Bitcoin, the cryptocurrency\'s price could rise substantially.\nAs mentioned, Ark Invest believes spot Bitcoin ETFs will eventually capture a bit more than 5% of institutional AUM, which implies roughly $8 trillion (based on PwC\'s estimate). For context, we are nowhere close to that figure at the present time. Spot Bitcoin ETFs have about $57 billion in AUM, and most of that money has come from retail investors.\nHowever, U.S. regulators only approved spot Bitcoin ETFs in January, and the early results are undoubtedly encouraging. TheiShares Bitcoin Trust(NASDAQ: IBIT)byBlackRockand theWise Origin Bitcoin Trust(NYSEMKT: FBTC)by Fidelity accumulated more assets in their first 50 days on the market than any other ETFs in history, according to Eric Balchunas at Bloomberg.\nAdditionally,Form 13Fsfiled for the first quarter of 2024 show that a few hundred institutional investors purchased small positions in various spot Bitcoin ETFs. That includes banks likeJPMorgan Chase,U.S. Bank, andWells Fargo, as well as highly profitable hedge funds like Citadel, D.E. Shaw, and Millennium Management.\nBitcoin miners make money through block subsidies and transaction fees, collectively referred to as block rewards. Block subsidies, which represent newly minted Bitcoin, are cut in half each time 210,000 blocks (groups of transactions) are validated and added to the blockchain, which happens about once every four years.\nThe most recent halving event took place in April 2024\xa0when the block subsidy fell from 6.25 BTC to 3.125 BTC. That was the fourth halving event since Bitcoin was created, and the implied reduction in selling pressure -- miners will have less Bitcoin to sell over the next four years -- bodes well for investors because it would be tantamount to an increase in demand.\nIndeed, Bitcoin has experienced significant price appreciation following past halving events.\n[{"Halving Event": "November 2012", "Bitcoin Return (2 Years Later)": "2,964%"}, {"Halving Event": "July 2016", "Bitcoin Return (2 Years Later)": "922%"}, {"Halving Event": "May 2020", "Bitcoin Return (2 Years Later)": "348%"}]\nData source: Fidelity Digital Assets.\nInvestors comfortable with risk and volatility should consider buying a small position in Bitcoin today, provided they have the correct mindset. Cryptocurrency prices can rise and fall quickly, sometimes for seemingly nonsensical reasons, so investors should be prepared to hold their Bitcoin through ups and downs over a long time period.\nAdditionally, there is no guarantee Bitcoin ever reaches the price targets mentioned earlier. For that reason, Bitcoin is best viewed as one component of a diversified portfolio.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $635,982!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nJPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Wells Fargo is an advertising partner of The Ascent, a Motley Fool company.Trevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, JPMorgan Chase, and U.S. Bancorp. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency to Buy Before It Soars 635% to 5,480%, According to Certain Wall Street Analystswas originally published by The Motley Fool', '• A British-Chinese woman has been sentenced to more than six years in prison for money laundering.\n• Police seized 61,000 bitcoins — now worth more than $4 billion — from Jian Wen\'s home in 2018.\n• Authorities were alerted when Wen attempted to buy luxury London homes valued at more than $50 million.\nA British-Chinese woman has been sentenced to more than six years in prison for her part in abitcoinmoney laundering scam.\nJian Wen, 42, was initially found guiltyat London\'s Southwark Crown Court on March 20,the UK\'s Crown Prosecution Service (CPS) said in a press release at the time.\nShe was sentenced to 80 months in prison on Friday.\nWen first came to the attention of authorities after she made a series of attempts to buy luxury homes in London from 2017 to 2018. The three properties were valued at £23.5 million ($29.7 million), £12.5 million ($15.8 million), and £4.5 million ($5.7 million).\nThe subsequent investigation culminated in police seizing devices containing 61,000 bitcoins — currently worth more than $4 billion — in 2018, in what was the UK\'s largest-ever crypto seizure.\nThe funds are said to have come from an investment fraud operation in China led by her "employer," Yadi Zhang.\nIn hersentencing remarks, Judge Sally-Ann Hales, KC, said that more than 128,000 investors pumped 40 billion Renminbi (roughly $5.6 billion) into the scheme.\n"Some of the proceeds of this fraud were exchanged for bitcoin, loaded onto a cryptocurrency wallet and smuggled out of China on a laptop," she added.\nAccording to the CPS press release, Wen was convicted of converting "significant amounts" of the bitcoin into cash and other assets on her boss\'s behalf.\nDespite declaring an income of just £12,800 (around $16,200) and £5,979 (roughly $7,600) in 2015 and 2016, Wen moved into a six-bedroom property in London in 2017, paying over £17,000 (around $21,600) a month.\nWen and her boss claimed to run an international jewelry business, with Wen acting as the "front person." They also paid for Wen\'s son to move to the UK from China to attend a private school and purchased two properties in Dubai.\nBut her attempts to purchase extravagant London homes triggered anti-money laundering checks, and the sales stalled as she could not explain the source of the funds.\nWen was not accused of involvement in the original fraud, but Hales told Wen that she was "in no doubt that by 22 June 2019, you knew, rather than merely suspected, that you were dealing in the proceeds of crime."\nIn March, Andrew Penhale, chief prosecutor, said: "Bitcoin and other cryptocurrencies are increasingly being used by organized criminals to disguise and transfer assets so that fraudsters may enjoy the benefits of their criminal conduct."\n"This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters," he added.\nRead the original article onBusiness Insider', "Very few assets, if any, have outperformedBitcoin(CRYPTO: BTC)in the past decade. Now, as this top cryptocurrency sports a market cap of $1.3 trillion and is in the mainstream financial news constantly, investors have no choice but to pay attention.\nBut you might be wondering if Bitcoin is still worth buying, even as it sits close to its all-time high price. Here are three reasons why I still believe it's a smart decision to add this digital asset to your portfolio.\nPerhaps Bitcoin's most attractive characteristic is its fixed supply cap. There will only ever be 21 million coins in circulation, a limit that is written in the software's code. And withongoing halvings, the inflation rate continues to decrease.\nThis fixed supply contrasts greatly with many other asset classes out there whose supply can rise. Companies can raise more equity and issue more bonds. Gold miners can invest aggressively into exploring previously uneconomical areas if the price of the metal goes up enough. In other words, supply can change to meet demand.\nThis isn't the case with Bitcoin. Unless more than half of theblockchain nodesvoted to change the supply cap -- which is unlikely, given that it would basically undermine the value of the entire network -- the situation will remain the same.\nBitcoin's strongest supporters view it as a direct competitor to the current monetary system. Central banks have historically increased the supply of fiat currencies while lowering purchasing power. Bitcoin is a solution to this problem.\nAnother reason to buy Bitcoin is related to a development that happened this year. I'm talking about the long-awaited approval ofspot ETF products. With these investment vehicles now on the market, investors can gain price exposure to Bitcoin in a convenient way. There's no need to open a crypto wallet or manage custody. It can be purchased directly via major brokerage operators.\nThis is especially useful for institutions that wanted access to Bitcoin in a safe way. The approval of these ETFs can be viewed as a regulatory stamp of approval by theSecurities and Exchange Commission. The hope is that more capital flows to the asset.\nSo far, there has been $12.1 billion in inflows to the ETFs. And since the approval date on Jan. 11, Bitcoin's price has soared 43%, a positive indication of heightened demand.\nBitcoin is about 15 years old. That's tiny in the grand scheme of things, as there are businesses that have been around for a century or more. So, most people probably view the digital asset as a very novel and risky asset that will eventually die off, calling it a Ponzi scheme or fake internet money.\nHowever, we can't ignore the expanding list of financial products and services involved in the Bitcoin ecosystem. The previously mentioned Bitcoin ETFs fall into this category. Numerous start-ups are working on boosting Bitcoin's adoption over the long term by focusing on energy, gaming, and artificial intelligence.\nThere is also a well-known company,fintech enterpriseBlock, that's working on ways to boost Bitcoin's utility. Whether that means facilitating payment mechanisms or simply making it seamless for people to buy, hold, or sell Bitcoin, the crypto is slowly getting further integrated into the current financial system.\nBitcoin could be compared to the early days of the internet. No one knew what the effects would be over time, but with the help of various platforms and applications built on top, adoption expanded massively. It's hard to imagine modern life without it nowadays. And Bitcoin could be the next big game-changer.\nInvestors looking to buy Bitcoin should consider its fixed supply, regulatory stamp of approval, and expanding infrastructure.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $635,982!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\n3 Reasons to Buy Bitcoin Like There's No Tomorrowwas originally published by The Motley Fool", "Very few assets, if any, have outperformedBitcoin(CRYPTO: BTC)in the past decade. Now, as this top cryptocurrency sports a market cap of $1.3 trillion and is in the mainstream financial news constantly, investors have no choice but to pay attention.\nBut you might be wondering if Bitcoin is still worth buying, even as it sits close to its all-time high price. Here are three reasons why I still believe it's a smart decision to add this digital asset to your portfolio.\nPerhaps Bitcoin's most attractive characteristic is its fixed supply cap. There will only ever be 21 million coins in circulation, a limit that is written in the software's code. And withongoing halvings, the inflation rate continues to decrease.\nThis fixed supply contrasts greatly with many other asset classes out there whose supply can rise. Companies can raise more equity and issue more bonds. Gold miners can invest aggressively into exploring previously uneconomical areas if the price of the metal goes up enough. In other words, supply can change to meet demand.\nThis isn't the case with Bitcoin. Unless more than half of theblockchain nodesvoted to change the supply cap -- which is unlikely, given that it would basically undermine the value of the entire network -- the situation will remain the same.\nBitcoin's strongest supporters view it as a direct competitor to the current monetary system. Central banks have historically increased the supply of fiat currencies while lowering purchasing power. Bitcoin is a solution to this problem.\nAnother reason to buy Bitcoin is related to a development that happened this year. I'm talking about the long-awaited approval ofspot ETF products. With these investment vehicles now on the market, investors can gain price exposure to Bitcoin in a convenient way. There's no need to open a crypto wallet or manage custody. It can be purchased directly via major brokerage operators.\nThis is especially useful for institutions that wanted access to Bitcoin in a safe way. The approval of these ETFs can be viewed as a regulatory stamp of approval by theSecurities and Exchange Commission. The hope is that more capital flows to the asset.\nSo far, there has been $12.1 billion in inflows to the ETFs. And since the approval date on Jan. 11, Bitcoin's price has soared 43%, a positive indication of heightened demand.\nBitcoin is about 15 years old. That's tiny in the grand scheme of things, as there are businesses that have been around for a century or more. So, most people probably view the digital asset as a very novel and risky asset that will eventually die off, calling it a Ponzi scheme or fake internet money.\nHowever, we can't ignore the expanding list of financial products and services involved in the Bitcoin ecosystem. The previously mentioned Bitcoin ETFs fall into this category. Numerous start-ups are working on boosting Bitcoin's adoption over the long term by focusing on energy, gaming, and artificial intelligence.\nThere is also a well-known company,fintech enterpriseBlock, that's working on ways to boost Bitcoin's utility. Whether that means facilitating payment mechanisms or simply making it seamless for people to buy, hold, or sell Bitcoin, the crypto is slowly getting further integrated into the current financial system.\nBitcoin could be compared to the early days of the internet. No one knew what the effects would be over time, but with the help of various platforms and applications built on top, adoption expanded massively. It's hard to imagine modern life without it nowadays. And Bitcoin could be the next big game-changer.\nInvestors looking to buy Bitcoin should consider its fixed supply, regulatory stamp of approval, and expanding infrastructure.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $635,982!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\n3 Reasons to Buy Bitcoin Like There's No Tomorrowwas originally published by The Motley Fool", 'For much of cryptocurrencies existence, short-term trading strategies that seek to benefit from high volatility and sudden momentum shifts defined the cryptocurrency market. But with the recent arrival of institutional investors, as well as new thinking about how crypto could represent an entirely new asset class, that appears to be changing.\nMore thinking is going into how to make crypto part of a long-term, well-diversified portfolio, and that\'s good news for individual investors everywhere. So if you\'re thinking about investing in cryptocurrency for the long term, here\'s a closer look at three popular investment strategies.\nThe most straightforward approach to crypto investing is a simplebuy-and-hold strategy. This is exactly what it sounds like: You find one or more cryptos that you like, and you hold on to them forever. The thinking here is that many of the top cryptocurrencies will appreciate greatly over the long term, even if they are prone to high volatility over the short term.\nOf course, the one crypto that stands out here isBitcoin(CRYPTO: BTC), which remains the largest cryptocurrency in the world with a $1.3 trillion market cap. It is often the first crypto that both individual and institutional investors buy, and for good reason. Over the past decade, it has been one of the best-performing assets in the world.\nThe key here, though, is to commit to a long holding period.Cathie Wood of ARK Investrecently crunched the numbers and determined that, as long as you are willing to hold on to your Bitcoin for at least five years, you are likely to make substantial gains.\nWith Wood now predicting that Bitcoin could soar to a price of $1 million by 2030, this five-year holding period has particular significance for anyone thinking of becoming a crypto millionaire one day.\nA related crypto strategy is known as dollar-cost averaging. While "buy and hold" typically implies a single large purchase, a dollar-cost averaging strategy implies a series of smaller, recurring purchases.\nThe key idea here is that you commit to buying a set dollar amount of a particular cryptocurrency on a regular basis, regardless of market conditions. For example, you might decide to buy $100 worth of Bitcoin every month.\nThis strategy can be particularly effective if you are looking to take the emotion out of investing. Instead of checking your portfolio every few days, you might be checking your portfolio only once a month. This means you can block out market volatility and avoid getting unduly influenced by gyrating crypto prices.\nThis is more important for cryptocurrency investors than equity investors, simply due to the much higher volatility in the crypto market. It can be nerve-racking at times to see your Bitcoin position oscillate by 10% or more during a single 24-hour period.\nLastly, exchange-traded funds (ETFs) could be an effective way to diversify a long-term cryptocurrency portfolio. They are particularly popular with investors who would prefer not to invest directly in the crypto market.\nThe new spot Bitcoin ETFs, for example, are a way to invest in the digital currency the same way that you would invest in tech stocks. Two of the most popular spot Bitcoin ETFs right now are theiShares Bitcoin Trust(NASDAQ: IBIT)and theFidelity Wise Origin Bitcoin Fund(NYSEMKT: FBTC).\nBased on the initial success of the spot Bitcoin ETFs, the expectation is that other cryptocurrencies will soon get their own spot ETFs. For example, the same Wall Street investment firms that brought the spot Bitcoin ETFs to market are trying to bring new spotEthereum(CRYPTO: ETH)ETFs to market.\nAnd don\'t forget about the ability to use more-traditional ETFs for crypto market diversification. For example, you could invest in theValkyrie Bitcoin Miners ETF(NASDAQ: WGMI)if you are looking for broad exposure to the crypto mining sector. Or you could invest in an ETF such as theAmplify Transformational Data Sharing ETF(NYSEMKT: BLOK)if you are looking for broad exposure to blockchain technology companies.\nThe key idea here is diversification. It\'s much easier to diversify your portfolio with a single ETF than it is to buy a handful of different stocks. Simply stated, you could buy a single Bitcoin mining stock, or you could buy a basket of the top 20 Bitcoin mining stocks. Thus, ETFs can be very useful if you are confident in the long-term potential of an industry, but less confident about what the big winners are going to be.\nJust remember that it\'s important to keep a long-term focus when investing in crypto. It\'s easy to get distracted by the latest meme coins or short-term momentum plays. By following one of the strategies outlined above, you can avoid this. Instead, you can focus on creating a long-term, well-diversified portfolio that builds real wealth.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\n3 Cryptocurrency Investment Strategies for the Long Termwas originally published by The Motley Fool', "Looking for rapid growth? Check out fintech stocks. These companies combine the huge addressable markets of finance with the high growth rates of tech stocks. It's not uncommon to see fintech stocks double or even triple in value in a single year.\nTwo of the best-known fintech stocks today areBlock(NYSE: SQ)andPayPal(NASDAQ: PYPL). Both have plenty of upside potential, but one stock in particular can deliver truly huge returns.\nLooking for the highest upsidefintech stocks? Find companies willing to take risks to stay ahead of the competition.\nWhen it comes to successful fintech investing, it's the disrupters that make the biggest mark. After all, tons of financial businesses are integrating tech into their offerings. Nearly every U.S. bank today, for instance, has a smartphone app you can use. But the vast majority of these apps aren't truly disruptive. Most are simply imitations of what a true fintech business introduced years ago.\nJust look at what PayPal accomplished in its early days. Founded in 1998, the company was created to bring digital transactions to the masses. Online shopping was still in its infancy in the late nineties, with internet users wary of entering their payment information online. Systematic trust was low, and PayPal stepped in to provide a solution. Through PayPal, anyone could shop securely online, knowing that if a problem occurred, PayPal would be there as a backstop. This innovation was so promising that eBay purchased PayPal in 2002 for $1.5 billion. At the time, more than 70% of eBay auctions were already accepting PayPal as a payment method, with one-quarter of all customers opting to use the service.\nIn the years to follow, PayPal grew its user base from the tens of thousands to the hundreds of millions. Today, the company boasts more than 400 million active accounts. But this is where the good news ends. PayPal's active-user base has beenshrinkingsince the fourth quarter of 2022. Competition has grown considerably since the company was spun off from eBay in 2015, and PayPal simply hasn't been able to replicate its innovation success of the past. Its share price has reflected this reality, adding just 76% in value since 2016. Block shares, meanwhile, have risen by nearly 800% over the same period. As we'll see, that's due to Block's ability to execute on the biggest rule of fintech investing: Choose companies willing to go where few have gone before.\nTake a look at the charts below and you'll quickly understand why Block is a superior stock versus PayPal right now. Since 2016, PayPal's annual-revenue growth has averaged around 16%. Block, for comparison, has averaged 46% -- more than triple PayPal's average. Also note that PayPal's current sales-growth rate is closer to 8%, while Block's is below average at 25%. But Block's revenue-growth rates simply appear to be returning to normal levels after a year or two of above-average levels. PayPal's slow growth, meanwhile, comes after years of simply average results, suggesting that the business is deteriorating.\nBlock certainly has the benefit of size when it comes to growth rates. It's easier to grow faster as a smaller business, after all. But today, both companies are approaching a similar size, yet Block is still growing several times faster than PayPal. As we'll see, this is the result of continued investment in bold innovation.\nWhat Block has done much better than PayPal for years is enter new emerging categories.Bitcoinis a great example. The company changed its name to Block from Square in 2021 to reflect its commitment to blockchain technologies. Through its merchant-payment system and peer-to-peer money service, Cash App, the company was one of the first to bring cryptocurrencies to the masses. Today, more than 20 million Cash App users own Bitcoin through Block. Last quarter, Block customers bought more than $2.5 billion in Bitcoin, up 37% year over year.\nTo be sure, PayPal has invested in crypto, too. Its Venmo app, for example, allows users to buy and sell Bitcoin. But Block's commitment to emerging opportunities like this is undeniable. The entire company is named for blockchain technologies. And this month, Block revealed that it would reinvest 10% of its Bitcoin profits back into Bitcoin itself. It remains one of the only publicly traded companies to invest directly in the cryptocurrency.\nRight now, Block has a smaller market cap than PayPal -- $44 billion versus $67 billion. It also has a lower valuation, trading at 1.9 times sales versus 2.3 times sales. If I'm betting on one of these fintech superstars, I'm going with Block: the smaller, cheaper business with superior growth prospects.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRyan Vanzohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Block, and PayPal. The Motley Fool recommends eBay and recommends the following options: short July 2024 $52.50 calls on eBay and short June 2024 $67.50 calls on PayPal. The Motley Fool has adisclosure policy.\n1 Fintech Stock to Buy Hand Over Fist and 1 to Avoidwas originally published by The Motley Fool"]... Last 60 Days of Bitcoin's Closing Prices:* [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,356,156,499,884 - Hash Rate: 671140034.7624127 - Transaction Count: 835040.0 - Unique Addresses: 465497.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout. • Ethena's USDe is supposed to maintain a $1 peg at all times. Since its release, over $2 billion in USDe has been issued, with demand continuing to grow. Ethena Labs will start purchasing and shorting bitcoin {{BTC}} as part of a cash-and-carry trade in a move that developerssay will create a “safer” USDesynthetic dollar product for users. The controversial platform is currently generating an annual yield of 37% (a seven-day rolling average that can change) by shorting ether {{ETH}} futures and pocketing funding rates since its January rollout. Funding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices. While such a strategy has attracted detractors, demand has continued to grow — as over $2 billion in USDe, its synthetic dollar, has been issued since its release. USDe is supposed to maintain a $1 peg at all times, mimicking a stablecoin but with a different backing mechanism. Developers say adding bitcoin to the mix will boost user yields while helping USDe issuance grow further. “After the unprecedented growth or USDe since launch, Ethena hedges represent ~20% of ETH open interest as of today,” Ethena developers said in an X post. “With $25bn of BTC open interest readily available for Ethena to delta hedge, the capacity for USDe to scale has increased >2.5x.” “BTC derivative markets are growing at a faster pace than ETH and offer better scalability and liquidity. As Ethena scales closer to $10bn this provides a more robust backing, and ultimately a safer product for users,” they added. On Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield. It uses a futures mechanism similar to a “cash and carry" trade, in which a trader takes a long position in an asset while concurrently selling the underlying derivative. Such a trade, in theory, is directionally neutral and earns money from funding payouts instead of the underlying asset’s price movement. Here's how it works: First, someone mints USDe with some amount of money, say $10 million tether (USDT). Ethena then exchanges this USDT for BTC. However, because bitcoin’s value can swing wildly, there is a further step to stabilize the value of USDe. Ethena then shorts or bets again on $10 million worth of BTC perpetual futures contracts. If BTC's price drops by 20%, for example, the losses from holding BTC are balanced out by the gains from the short position in BTC perps, keeping the overall value stable. This combination of holding BTC while also shorting it effectively creates USDe. Plus, by shorting BTC, they earn a funding yield that is paid out to users. Ethena’s ENA tokens are down 8% in the past 24 hours,data shows, alongside aslight market selloff.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Donald J. Trump has pledged to commute Silk Road founder Ross Ulbricht’s life sentence to time served if he’s re-elected president.\n“If you vote for me, on Day 1, I will commute the sentence of Ross Ulbricht to a sentence of time served,” Trump said during his Saturday night remarks at the Libertarian National Convention in Washington, D.C. “He’s already served 11 years, we’re gonna get him home.”\nHours before those remarks, Trump took to social media to praise the crypto industry,writing on Truth Social:\n“I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field. There is no second place,” Trump wrote, adding that President Joe Biden “wants [the cryptocurrency industry] to die a slow and painful death. That will never happen with me!”\nIn his evening address, Trump’s pledge to free Ulbricht was met with raucous cheers from the assembled audience, many of whom were holding up signs reading “Free Ross.”\nIn 2015, Ulbricht wassentenced to two consecutive life sentences plus 40 years–\xa0effectively, life in prison without the possibility of parole –\xa0for creating and operating Silk Road. The now-defunct darknet marketplace was used to anonymously buy and sell goods, but was largely used for drugs. Silk Road operated from 2011 to 2013 and is widely considered thefirst real-world use casefor Bitcoin.\nUlbricht has become something of a martyr for many in the crypto community, as well as to many Libertarians, who see Ulbricht’s draconian sentence as a governmental overstep and a violation of his constitutional rights. In 2018, the Libertarian Partycalled onthen-President Trump to pardon Ulbricht.\nBefore Trump’s presidency ended in January 2021, he granted clemency to 143 individuals –\xa0pardoning 73, including Ripple board member Ken Kurson, and commuting the sentences of 70 others. He did not offer clemency to Ulbricht, Wikileaks founder Julian Assange or Edward Snowden, who released details about a U.S. surveillance program to American journalist Glenn Greenwald.\nTrump also made more general comments about cryptocurrency at the convention, telling attendees that he would “stop Joe Biden’s crusade to crush crypto – we’re gonna stop it.”\n“I will ensure that the future of crypto and the future of bitcoin will be made in the USA, not driven overseas. I will support the right to self custody,” Trump said, to cheers. “To the nation’s fifty million crypto holders, I say this: I will keep Elizabeth Warren and her goons away from your bitcoin, and I will never allow the creation of a central bank digital currency.”\nTrump has warmed up considerably to crypto in recent months, making several pro-crypto comments publicly andbecoming the firstmajor party presidential candidate toaccept crypto donations.\nRead more:The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)', "Bitcoin(CRYPTO: BTC)has been on a fantastic run over the past year and a half -- it's now up by 299% since the start of 2023. That growth has slowed a bit, as the price of the crypto is down 6% from its all-time high that was reached in March. The current price is roughly $69,400.\nFor those wondering if now is still a good time to buy the world's most valuable cryptocurrency, I thinkBitcoinwill reach $150,000 by 2030, delivering an annualized return of 14%.\nIt's important to recognize that Bitcoin's forward returns will likely be much less than its monumental rise to its current level. This asset isn't flying under the radar anymore. So, Bitcoin's appreciation will probably decelerate in the years ahead.\nBut some prominent figures in the business and investing worlds remain far more bullish than I do. Cathie Wood and her team at Ark Invest think Bitcoin's price could get to$3.8 millionby 2030. And Jack Dorsey, the co-founder and CEO ofBlock, believes Bitcoin will hit$1 millionby 2030.\nIn that context, my prediction of $150,000 by the end of the decade is a more tempered outlook, but it would be a gain that outperforms theS&P 500's average return. Historically, that broad index of 500 of the largest and most profitable U.S. businesses has produced annualized total returns of about 10%.\nIn my opinion, the key factor that will drive Bitcoin's price is the simple fact that more market participants will own it -- individual and institutional investors, as well as corporations and governments. Rising demand should, in theory, boost Bitcoin's price over the long run.\nBut why would these market participants want to buy and hold Bitcoin?\nBitcoin's fixed supply cap is probably the most important variable that makes it a compelling asset to own. Only 21 million coins will ever be created, and they are being minted at a pre-determined and regularly shrinking rate -- hard limits that are built into Bitcoin's software.\nThat's the complete opposite situation of traditional currency and fiscal systems. For example, look at the troubling deficit the U.S. government operates with, leading to an expanding federal debt burden. And we can't forget about the constantly increasing supply of U.S. dollars that causes the purchasing power of the dollar to decline over time.\nThe growth case for Bitcoin depends largely on people gaining greater familiarity with it. This could take many years. But as we've seen, with a larger number of traditional financial firms painting Bitcoin in a positive light, there should be more buying interest.\nMy bullish postulation that Bitcoin will get to $150,000 per coin by the end of the decade is far from a certainty. There's a lot of uncertainty, as is usually the case with newer technologies.\nFor investors, the best way to approach this asset is by properly sizing your position in it. Don't invest more money in Bitcoin than you're willing to lose. This could result in a person allocating a relatively small portion of a well-diversified portfolio to it -- perhaps 1%.\nFrom a mental and emotional perspective, be ready for that holding to experience lots of volatility. In its fairly brief history, Bitcoin has experienced multiple slumps of more than 50%. While its value might stabilize over time, such dropoffs are still something an investor needs to be prepared for.\nIf you're looking to buy Bitcoin, be sure to maintain a long-term perspective. The top cryptocurrency is set to continue being a winner over the next several years on the path to $150,000.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $150,000 in 2030was originally published by The Motley Fool", "Bitcoin(CRYPTO: BTC)has been on a fantastic run over the past year and a half -- it's now up by 299% since the start of 2023. That growth has slowed a bit, as the price of the crypto is down 6% from its all-time high that was reached in March. The current price is roughly $69,400.\nFor those wondering if now is still a good time to buy the world's most valuable cryptocurrency, I thinkBitcoinwill reach $150,000 by 2030, delivering an annualized return of 14%.\nIt's important to recognize that Bitcoin's forward returns will likely be much less than its monumental rise to its current level. This asset isn't flying under the radar anymore. So, Bitcoin's appreciation will probably decelerate in the years ahead.\nBut some prominent figures in the business and investing worlds remain far more bullish than I do. Cathie Wood and her team at Ark Invest think Bitcoin's price could get to$3.8 millionby 2030. And Jack Dorsey, the co-founder and CEO ofBlock, believes Bitcoin will hit$1 millionby 2030.\nIn that context, my prediction of $150,000 by the end of the decade is a more tempered outlook, but it would be a gain that outperforms theS&P 500's average return. Historically, that broad index of 500 of the largest and most profitable U.S. businesses has produced annualized total returns of about 10%.\nIn my opinion, the key factor that will drive Bitcoin's price is the simple fact that more market participants will own it -- individual and institutional investors, as well as corporations and governments. Rising demand should, in theory, boost Bitcoin's price over the long run.\nBut why would these market participants want to buy and hold Bitcoin?\nBitcoin's fixed supply cap is probably the most important variable that makes it a compelling asset to own. Only 21 million coins will ever be created, and they are being minted at a pre-determined and regularly shrinking rate -- hard limits that are built into Bitcoin's software.\nThat's the complete opposite situation of traditional currency and fiscal systems. For example, look at the troubling deficit the U.S. government operates with, leading to an expanding federal debt burden. And we can't forget about the constantly increasing supply of U.S. dollars that causes the purchasing power of the dollar to decline over time.\nThe growth case for Bitcoin depends largely on people gaining greater familiarity with it. This could take many years. But as we've seen, with a larger number of traditional financial firms painting Bitcoin in a positive light, there should be more buying interest.\nMy bullish postulation that Bitcoin will get to $150,000 per coin by the end of the decade is far from a certainty. There's a lot of uncertainty, as is usually the case with newer technologies.\nFor investors, the best way to approach this asset is by properly sizing your position in it. Don't invest more money in Bitcoin than you're willing to lose. This could result in a person allocating a relatively small portion of a well-diversified portfolio to it -- perhaps 1%.\nFrom a mental and emotional perspective, be ready for that holding to experience lots of volatility. In its fairly brief history, Bitcoin has experienced multiple slumps of more than 50%. While its value might stabilize over time, such dropoffs are still something an investor needs to be prepared for.\nIf you're looking to buy Bitcoin, be sure to maintain a long-term perspective. The top cryptocurrency is set to continue being a winner over the next several years on the path to $150,000.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $150,000 in 2030was originally published by The Motley Fool", "Day by day,Bitcoin's(CRYPTO: BTC)unique characteristics, which make it unlike any other asset in the world, are becoming increasingly recognized and understood by investors. The recent approval of spot Bitcoin exchange-traded funds (ETFs) will amplify this understanding, as these ETFs simplify the process for investors to gain exposure to Bitcoin.\nWhile the approval ofspot Bitcoin ETFshas been widely celebrated as an unofficial stamp of legitimacy, signaling that Bitcoin is here to stay, there is another crucial dimension to consider. Once this is fully understood, it will become evident that Bitcoin has the potential to reach the coveted $1 million price tag.\nThe approval of spot Bitcoin ETFs revolutionizes how the average investor, or retail investor, can add Bitcoin exposure to their portfolios. By simply purchasing shares of one of these ETFs through their brokerage, investors can now bypass the complexities of navigating cryptocurrency exchanges and managing digital wallets.\nThis development has the potential to significantly increase demand for Bitcoin's limited and diminishing supply. However, as transformative as this increased access for retail investors is, it will pale in comparison to the tidal wave of demand anticipated from institutional investors entering the market.\nBefore diving into the numbers, it's essential to understand who institutional investors are. For a long time, I heard Bitcoin enthusiasts claim that institutions were coming, but I never fully grasped what that meant. Institutional investors are organizations that invest money on behalf of their clients. These include pension funds, retirement plans, sovereign wealth funds, and hedge funds, among others. Essentially, they manage and invest vast sums of money.\nPrior to the approval of spot Bitcoin ETFs, institutions were either prohibited from entering or hesitant to enter the Bitcoin market due to the complexities associated with owning digital assets. However, with the advent of these ETFs, institutions can now easily incorporate Bitcoin into their extensive portfolios, opening the door to a significant influx of institutional capital into the Bitcoin market.\nBut just how impactful will these institutions be? As of May 15, it was estimated that around 700 professional investment firms own around $5 billion worth of these spot Bitcoin ETFs. Leading the way is Millennium Management, an investment firm that manages more than $64 billion, with $1.8 billion tied to Bitcoin ETFs, around 3% of its total portfolio. But the list goes on and includes the likes ofMorgan Stanley(the sixth-largest bank in the U.S.), Bracebridge Capital (a hedge fund that manages investments for Yale and Princeton), and even the State of Wisconsin Investment Board.\nHowever, as it currently stands, retail investors are the primary owners of the spot Bitcoin ETFs. Reports suggest that around 10% of all the assets tied to the ETFs come from institutions. But this number is growing and will continue to do so.\nThe influx of institutions into the Bitcoin market will likely be gradual, as they typically engage in extensive due diligence before making allocations. Unlike retail investors, who can swiftly enter the market by purchasing shares of an ETF, institutions often take time to research Bitcoin's impact on their portfolios before making small allocations.\nYet, after conducting their research, I think they will all likely arrive at the same conclusion: Bitcoin's inherent characteristics make it a necessity in portfolios. Eventually, widespread adoption among institutional investors will occur, leading to a tsunami of capital flowing in.\nThere's no telling just how much money, but based on recent studies claiming that a 5% allocation is the ideal amount of exposure, we can begin to estimate the potential impact of institutional investors. With 5% of the vast $129 trillion in assets they manage, Bitcoin's market cap could soar to more than $7 trillion and its price beyond $400,000.\nHowever, some analysts argue that a 5% allocation might be too conservative. Most notably, a recent ARK Invest study suggests that the ideal exposure level should be closer to 19%. If this were to occur, Bitcoin's price could soar to over$1.3 million.\nWhat we are witnessing marks the onset of a fascinating phenomenon: game theory. In essence, game theory suggests that rational actors, in this case, institutional investors, will strategically act in their best interest based on the actions of others.\nAs institutions observe their peers reaping the benefits of Bitcoin investments, they will inevitably face pressure to join the fray or risk being left behind in the race for returns. This dynamic, driven by the desire to outperform peers and secure maximum returns, will likely fuel a surge in Bitcoin adoption and investment unlike any we have seen before.\nWhile retail investors have played a significant role in Bitcoin's journey thus far and will remain an important cohort, the entry of institutions represents a paradigm shift. The sheer scale and resources at their disposal will not only amplify Bitcoin's market dynamics but also inject a new level of competition and urgency. As institutions vie for supremacy and seek to capitalize on Bitcoin's potential, the game is set to evolve in unforeseen ways and send Bitcoin to new heights.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $1 Million Because of This Little-Known Phenomenonwas originally published by The Motley Fool", "Day by day,Bitcoin's(CRYPTO: BTC)unique characteristics, which make it unlike any other asset in the world, are becoming increasingly recognized and understood by investors. The recent approval of spot Bitcoin exchange-traded funds (ETFs) will amplify this understanding, as these ETFs simplify the process for investors to gain exposure to Bitcoin.\nWhile the approval ofspot Bitcoin ETFshas been widely celebrated as an unofficial stamp of legitimacy, signaling that Bitcoin is here to stay, there is another crucial dimension to consider. Once this is fully understood, it will become evident that Bitcoin has the potential to reach the coveted $1 million price tag.\nThe approval of spot Bitcoin ETFs revolutionizes how the average investor, or retail investor, can add Bitcoin exposure to their portfolios. By simply purchasing shares of one of these ETFs through their brokerage, investors can now bypass the complexities of navigating cryptocurrency exchanges and managing digital wallets.\nThis development has the potential to significantly increase demand for Bitcoin's limited and diminishing supply. However, as transformative as this increased access for retail investors is, it will pale in comparison to the tidal wave of demand anticipated from institutional investors entering the market.\nBefore diving into the numbers, it's essential to understand who institutional investors are. For a long time, I heard Bitcoin enthusiasts claim that institutions were coming, but I never fully grasped what that meant. Institutional investors are organizations that invest money on behalf of their clients. These include pension funds, retirement plans, sovereign wealth funds, and hedge funds, among others. Essentially, they manage and invest vast sums of money.\nPrior to the approval of spot Bitcoin ETFs, institutions were either prohibited from entering or hesitant to enter the Bitcoin market due to the complexities associated with owning digital assets. However, with the advent of these ETFs, institutions can now easily incorporate Bitcoin into their extensive portfolios, opening the door to a significant influx of institutional capital into the Bitcoin market.\nBut just how impactful will these institutions be? As of May 15, it was estimated that around 700 professional investment firms own around $5 billion worth of these spot Bitcoin ETFs. Leading the way is Millennium Management, an investment firm that manages more than $64 billion, with $1.8 billion tied to Bitcoin ETFs, around 3% of its total portfolio. But the list goes on and includes the likes ofMorgan Stanley(the sixth-largest bank in the U.S.), Bracebridge Capital (a hedge fund that manages investments for Yale and Princeton), and even the State of Wisconsin Investment Board.\nHowever, as it currently stands, retail investors are the primary owners of the spot Bitcoin ETFs. Reports suggest that around 10% of all the assets tied to the ETFs come from institutions. But this number is growing and will continue to do so.\nThe influx of institutions into the Bitcoin market will likely be gradual, as they typically engage in extensive due diligence before making allocations. Unlike retail investors, who can swiftly enter the market by purchasing shares of an ETF, institutions often take time to research Bitcoin's impact on their portfolios before making small allocations.\nYet, after conducting their research, I think they will all likely arrive at the same conclusion: Bitcoin's inherent characteristics make it a necessity in portfolios. Eventually, widespread adoption among institutional investors will occur, leading to a tsunami of capital flowing in.\nThere's no telling just how much money, but based on recent studies claiming that a 5% allocation is the ideal amount of exposure, we can begin to estimate the potential impact of institutional investors. With 5% of the vast $129 trillion in assets they manage, Bitcoin's market cap could soar to more than $7 trillion and its price beyond $400,000.\nHowever, some analysts argue that a 5% allocation might be too conservative. Most notably, a recent ARK Invest study suggests that the ideal exposure level should be closer to 19%. If this were to occur, Bitcoin's price could soar to over$1.3 million.\nWhat we are witnessing marks the onset of a fascinating phenomenon: game theory. In essence, game theory suggests that rational actors, in this case, institutional investors, will strategically act in their best interest based on the actions of others.\nAs institutions observe their peers reaping the benefits of Bitcoin investments, they will inevitably face pressure to join the fray or risk being left behind in the race for returns. This dynamic, driven by the desire to outperform peers and secure maximum returns, will likely fuel a surge in Bitcoin adoption and investment unlike any we have seen before.\nWhile retail investors have played a significant role in Bitcoin's journey thus far and will remain an important cohort, the entry of institutions represents a paradigm shift. The sheer scale and resources at their disposal will not only amplify Bitcoin's market dynamics but also inject a new level of competition and urgency. As institutions vie for supremacy and seek to capitalize on Bitcoin's potential, the game is set to evolve in unforeseen ways and send Bitcoin to new heights.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: Bitcoin Will Reach $1 Million Because of This Little-Known Phenomenonwas originally published by The Motley Fool", "Robert Kiyosaki, author of “Rich Dad, Poor Dad” and an American businessman, has goneon the record via Xsaying that the U.S. dollar might lose significant value thanks to the new BRICS currency.\nBRICS refers to the nations of Brazil, Russia, India, China and South Africa. It’s a kind of cryptocurrency that, unlike the U.S. dollar, is likely to be backed by gold. If this happens, the dollar could lose its status as the global reserve currency, leading to hyperinflation in America and ultimately destroying the value of the dollar.\nIf you’re worried about surviving a potential dollar crash, here’s what you can do about it, according to Kiyosaki.\nLearn More:‘Rich Dad’ Robert Kiyosaki: Buy These 8 Assets To Get So Rich You Can Quit Your Job Forever\nFind Out:4 Genius Things All Wealthy People Do With Their Money\nWhile your first instinct might be to start hoarding money, Kiyosaki advised against this.\n“Fake money (U.S. dollar, euro, yen, peso) goes down in value,” he said in the tweet. “Save gold, silver, Bitcoin, real money that goes up in value, especially in a market crash.”\nThis isn’t the first time he’s suggested something like this either. On his website,Rich Dad, he also advises people to invest in gold and silver to combat the falling value of the dollar. The U.S. dollar is a fiat currency. This means it can’t be converted or redeemed for something more valuable — like silver or gold — since there’s no commodity backing it.\nShould something happen to the dollar, having more valuable commodities could prove essential.\nTrending Now:Robert Kiyosaki: 5 Side Hustles You Can Work From Anywhere in the World\nAnother thing Kiyosaki suggested is that you keep learning, but only from the right teachers.\n“YouTube is a great source for real and fake Teachers. Invest time to get into the heads of the teacher [sic],” he wrote in the same tweet. “Choose GREAT TEACHERS: YouTube has an abundance of teachers:\xa0 Some good, many bad [sic].”\nKiyosaki suggested some specific names for teachers as well.\n“My real estate teacher is Ken McElroy. Taxes: Tom Wheelwright. Stocks: John MacGregor. Oil: Mike Maucelli. They all have books and their own Podcasts,” he wrote.\nAlong with this, he advised being mindful of who you let teach and guide you. The very best teachers have the experience, but they also often have books, podcasts and so on, which you can learn from. Whatever else, be careful who you let influence your attitude, mind and spirit.\nKiyosaki also advised being patient, even if you see the value of the dollar dropping. Or, as he put it, “don’t catch falling knives.”\n“Just because prices are falling, DO NOT get GREEDY [sic],” he tweeted. “Wait [until] prices have bottomed and no one wants the asset you want.”\nOnly then should you make moves that benefit your own financial security. As he put it, there’s going to be a bad crash. But the good news is that crashes are the best time to get rich — if you know where to look.\n“Start a side hustle: own your own business,” Kiyosaki tweeted. “A. I. [sic] is going to wipe out millions of jobs. Start a small business and become an entrepreneur….not an employee afraid of losing their job.”\nMany people have already lost their jobs to A.I. Companies that have heavily implemented it have cut back on staff, combined positions or gotten rid of roles altogether. By making moves now, you can get ahead of both of these changes and the potential dollar crash.\nIf there is a crash, Kiyosaki pointed out how important it is to find new friends who are on the same path as you are. At the same time, he suggested staying away from the following types of people:\n• “VICTIMS: people who blame others for their problems.”\n• “MARXIST: people who expect the government to solve their problems.”\nBy doing all of these things, you might also be able to weather the full effects of the crash — whatever they might be.\nMore From GOBankingRates\n• Don't Buy a House in These 3 Cities Facing a 'Climate Change Real Estate Bubble'\n• 4 Things Boomers Should Never Sell in Retirement\n• How To Eliminate $100,000 of Debt\n• 3 Surprising Reasons Women Should Consider an Annuity\nThis article originally appeared onGOBankingRates.com:How You Can Plan To Survive the Potential Dollar Crash, According to Robert Kiyosaki", 'The capital markets are off to a sizzling start so far in 2024. TheS&P 500andNasdaq Compositehave each gained approximately 11% thanks to artificial intelligence euphoria, a strong energy market, and new breakthroughs in the pharmaceutical sector.\nHowever, investors have plenty ofalternative optionsoutside of the capital markets. In recent years, cryptocurrency has emerged as a popular choice for investors beyond stocks and bonds.\nWith its price up 69% so far this year,Bitcoin(CRYPTO: BTC)has handily outperformed the broader market.\nAnd yet, would you be surprised to learn that there isanother crypto token outperforming Bitcoin this year? As of the market close on May 20, the price ofShiba Inu(CRYPTO: SHIB)has soared 136% -- nearly double that of Bitcoin.\nLet\'s break down whether Shiba Inu is right for you and whether the token represents a more lucrative option than Bitcoin for crypto investors.\nWhen it comes to cryptocurrency, Bitcoin is probably the most well-known. While it is not yet completely a staple among modern currency transactions, Bitcoin is becoming increasingly utilized and accepted as a means of payment.\nWhile crypto generally has a more polarizing reputation compared to more established asset classes, Bitcoin is often referred to as "digital gold" given its reputation as a unique value during volatile economic periods.\nOutside of Bitcoin, there are myriad cryptocurrencies. A common misconception is that each of these tokens represents a competing product to Bitcoin. This isn\'t really the case. In fact, many cryptocurrencies lack any real utility and become relevant for the wrong reasons.\nYou may recall that a token calledDogecoinbriefly came onto the scene a couple of years ago after personalities like Elon Musk and Mark Cuban seemingly endorsed its applications.\nWhile a degree of humor can be appreciated here, prominent CEOs and investors should refrain from commentating on anything too specific about the markets.\nThe reason? Well, following Dogecoin\'s approval from multiple billionaires, amateur retail investors poured into the token. This resulted in outsize momentum fueling the price of Dogecoin, leaving many investors as bag holders.\nThis is where Shiba Inu comes into the picture. Like Dogecoin, Shiba Inu is categorized as a meme coin. It is not considered anywhere near as prolific or sophisticated as Bitcoin, and its price reflects that.\nWith 1 quadrillion tokens in total supply, Shiba Inu currently trades at a price of $0.000026. Since the value is less than a penny, Shiba Inu is essentially worthless.\nAt a price of roughly $69,000, Bitcoin is very much determined by supply and demand. In contrast, the prices of Shiba Inu and most meme coins are merely a reflection of their current sentiment on social media.\nWhile the percent return of Shiba Inu so far in 2024 looks impressive, this is clearly an example of the law of small numbers. In other words, a triple-digit return may give credence to a lucrative opportunity. However, Shiba Inu\'s upside potential is likely more psychological than real.\nFurthermore, given the number of tokens exchanging hands, it will take an enormous number of bullish investors buying (and holding) Shiba Inu before its price even reaches a penny -- let alone a dollar.\nAlthough crypto is widely considered a risky investment compared to stocks or bonds, investors might want to consider some exposure for diversification purposes.\nBut with that said, I\'d encourage investors to avoid meme coins. A good analogy would be to consider meme coins to be similar to penny stocks.\nJust as with stocks, crypto investors should seek established and proven opportunities. Right now, Bitcoin takes the cake in those regards and is a much safer choice than Shiba Inu -- regardless of what the percentage returns look like at first glance.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nAdam Spataccohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShiba Inu Is Outperforming Bitcoin in 2024, and It\'s Not Even Close. But Does That Make It a Buy?was originally published by The Motley Fool', 'The capital markets are off to a sizzling start so far in 2024. TheS&P 500andNasdaq Compositehave each gained approximately 11% thanks to artificial intelligence euphoria, a strong energy market, and new breakthroughs in the pharmaceutical sector.\nHowever, investors have plenty ofalternative optionsoutside of the capital markets. In recent years, cryptocurrency has emerged as a popular choice for investors beyond stocks and bonds.\nWith its price up 69% so far this year,Bitcoin(CRYPTO: BTC)has handily outperformed the broader market.\nAnd yet, would you be surprised to learn that there isanother crypto token outperforming Bitcoin this year? As of the market close on May 20, the price ofShiba Inu(CRYPTO: SHIB)has soared 136% -- nearly double that of Bitcoin.\nLet\'s break down whether Shiba Inu is right for you and whether the token represents a more lucrative option than Bitcoin for crypto investors.\nWhen it comes to cryptocurrency, Bitcoin is probably the most well-known. While it is not yet completely a staple among modern currency transactions, Bitcoin is becoming increasingly utilized and accepted as a means of payment.\nWhile crypto generally has a more polarizing reputation compared to more established asset classes, Bitcoin is often referred to as "digital gold" given its reputation as a unique value during volatile economic periods.\nOutside of Bitcoin, there are myriad cryptocurrencies. A common misconception is that each of these tokens represents a competing product to Bitcoin. This isn\'t really the case. In fact, many cryptocurrencies lack any real utility and become relevant for the wrong reasons.\nYou may recall that a token calledDogecoinbriefly came onto the scene a couple of years ago after personalities like Elon Musk and Mark Cuban seemingly endorsed its applications.\nWhile a degree of humor can be appreciated here, prominent CEOs and investors should refrain from commentating on anything too specific about the markets.\nThe reason? Well, following Dogecoin\'s approval from multiple billionaires, amateur retail investors poured into the token. This resulted in outsize momentum fueling the price of Dogecoin, leaving many investors as bag holders.\nThis is where Shiba Inu comes into the picture. Like Dogecoin, Shiba Inu is categorized as a meme coin. It is not considered anywhere near as prolific or sophisticated as Bitcoin, and its price reflects that.\nWith 1 quadrillion tokens in total supply, Shiba Inu currently trades at a price of $0.000026. Since the value is less than a penny, Shiba Inu is essentially worthless.\nAt a price of roughly $69,000, Bitcoin is very much determined by supply and demand. In contrast, the prices of Shiba Inu and most meme coins are merely a reflection of their current sentiment on social media.\nWhile the percent return of Shiba Inu so far in 2024 looks impressive, this is clearly an example of the law of small numbers. In other words, a triple-digit return may give credence to a lucrative opportunity. However, Shiba Inu\'s upside potential is likely more psychological than real.\nFurthermore, given the number of tokens exchanging hands, it will take an enormous number of bullish investors buying (and holding) Shiba Inu before its price even reaches a penny -- let alone a dollar.\nAlthough crypto is widely considered a risky investment compared to stocks or bonds, investors might want to consider some exposure for diversification purposes.\nBut with that said, I\'d encourage investors to avoid meme coins. A good analogy would be to consider meme coins to be similar to penny stocks.\nJust as with stocks, crypto investors should seek established and proven opportunities. Right now, Bitcoin takes the cake in those regards and is a much safer choice than Shiba Inu -- regardless of what the percentage returns look like at first glance.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nAdam Spataccohas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nShiba Inu Is Outperforming Bitcoin in 2024, and It\'s Not Even Close. But Does That Make It a Buy?was originally published by The Motley Fool', "New York City, NY, May 26, 2024 (GLOBE NEWSWIRE) --\nBitcoin (BTC)has fallen below $68,000, trading at $67,183 with a 3% decrease in the last 24 hours, raising concerns of a potential downtrend. Meanwhile,Ethereum (ETH)remains stagnant at $3,800 despite the approval of eight spot Ethereum ETFs, showing no significant uptrend. On the other hand,Furrever Token (FURR)captivates investors with its promising presale, nearing $1.1 million raised, and potential for a 1500% increase in value post-launch.\nBTC Falls Below $68,000 – Will the Decline Persist?\nInvestors and traders are especially showing new interest to Bitcoin strategies now that its current position and price fluctuations are driving this new found wave. Bitcoin which was trading at $/$67,183 began to decrease by 3. 3% in the last 24 hours, has a transaction volume of 36$, a monthly volatility of 4%, a monthly average price of 350$ and a Year to date return of 19%. 7 billion.\nAnalyzing the global market, it is possible to say playing a Capstone project budget of $1. 2.3 Q It is worth mentioning that bitcoin remains the most valuable coin in the market of cryptocurrencies with the worth of more than 3 trillion. Bitcoin (BTC/USD) is down 3% to 67,183 from its price earlier today. While analyzing the overall price fluctuations of this token, users are going to observe that in the last 24 hours 3% price swing indicates a bearish trend. Yet, these figures $68,263, especially emphasizing the pivot point belong to the direction of the current increase trend.\nThe 50-day Exponential Moving Average (EMA) is located at $68,615, which forms a resistance level near the pivot point. Technically, Bitcoin is trading below the pivot point, indicating a potential downtrend. As an entry strategy, selling below $68,263, targeting a take profit level of $66,357 and setting the stop loss at $70,029 could be recommended. This strategy can enable investors to take advantage of possible further declines while managing risk.\nHow Did Ethereum Price React After Approval: Has the Expected Rise Come?\nFollowing the approval of eight spot Ethereum ETFs by the SEC last night, ETH price remained stagnant at $3,800 and showed no signs of a significant uptrend. Despite this, ETH experienced a significant increase of over 30% last week. Investors are currently taking a cautious stance and are watching to see if this development will result in a “news sell” event.\nAhead of the US SEC announcing its Ethereum ETF approval decision, ETH price witnessed some sharp fluctuations. In the tense hours before official approval, ETH initially fell to $3,500 during the traditional US market close. It later approached $3,900 after initial unconfirmed reports emerged pointing to confirmation, and ultimately settled above $3,800 after confirmation. In the midst of these huge price swings, it turned out that a whale made a staggering sale of 7,900 ETH worth $29 million.\nDuring the turbulent period, liquidation of leveraged crypto derivatives positions reached over $350 million throughout the day, the highest figure since May 1, according to CoinGlass data. The majority of these liquidated positions were long positions anticipating price increases and totaled approximately $250 million. This shows that traders who had overextended themselves with leverage were surprised by the sudden price drop. Among those affected, ETH traders bore the brunt, with $132 million in liquidations.\nApproval of spot Ethereum ETFs could bring inflows of more than $500 million, as analysts estimate. However, it may take some time for this to happen and the uptrend to begin. Some on-chain indicators suggest that Ethereum could form a base above $4,000 and continue to rise to $5,000-6,000 by August this year. While the approval of Bitcoin ETFs has led to strong institutional inflows, it will be interesting to see whether the ETH ETF launch will lead to greater institutional adoption.\nFurrever Token: The Upcoming Game-Changer in Meme Coins\nFurrever Tokenis poised to capitalize on the growing interest in meme coins with its charming cat-themed imagery. Currently in the final phase of its presale, the token has already raised over $1.1 million, aiming to reach $1.9 million before its official launch on PancakeSwap. The potential for a 1500% increase in value post-launch positions Furrever Token as a highly attractive investment. Early presale participants, with tokens priced at $0.000648, stand to benefit significantly from this anticipated growth.\nFurrever Token's engaging approach, featuring cat-themed stickers, visuals, and community challenges, promotes a vibrant community. Additionally, the project's commitment to security and transparency, evidenced by its audited smart contract and a one-year lock on team tokens, reassures investors about its long-term prospects. With nearly 4,000 active members in its Telegram channel, Furrever Token demonstrates robust community support and engagement.\nAs the presale concludes, now is an opportune time for investors to get involved with the Furrever Token community and potentially secure significant returns.\nVisit furrevertoken.com to secure your tokens and join this exciting venture. Investors interested in this opportunity are advised to contact only the official support [email protected] avoid potential scams.\nJoin Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "New York City, NY, May 26, 2024 (GLOBE NEWSWIRE) --\nBitcoin (BTC)has fallen below $68,000, trading at $67,183 with a 3% decrease in the last 24 hours, raising concerns of a potential downtrend. Meanwhile,Ethereum (ETH)remains stagnant at $3,800 despite the approval of eight spot Ethereum ETFs, showing no significant uptrend. On the other hand,Furrever Token (FURR)captivates investors with its promising presale, nearing $1.1 million raised, and potential for a 1500% increase in value post-launch.\nBTC Falls Below $68,000 – Will the Decline Persist?\nInvestors and traders are especially showing new interest to Bitcoin strategies now that its current position and price fluctuations are driving this new found wave. Bitcoin which was trading at $/$67,183 began to decrease by 3. 3% in the last 24 hours, has a transaction volume of 36$, a monthly volatility of 4%, a monthly average price of 350$ and a Year to date return of 19%. 7 billion.\nAnalyzing the global market, it is possible to say playing a Capstone project budget of $1. 2.3 Q It is worth mentioning that bitcoin remains the most valuable coin in the market of cryptocurrencies with the worth of more than 3 trillion. Bitcoin (BTC/USD) is down 3% to 67,183 from its price earlier today. While analyzing the overall price fluctuations of this token, users are going to observe that in the last 24 hours 3% price swing indicates a bearish trend. Yet, these figures $68,263, especially emphasizing the pivot point belong to the direction of the current increase trend.\nThe 50-day Exponential Moving Average (EMA) is located at $68,615, which forms a resistance level near the pivot point. Technically, Bitcoin is trading below the pivot point, indicating a potential downtrend. As an entry strategy, selling below $68,263, targeting a take profit level of $66,357 and setting the stop loss at $70,029 could be recommended. This strategy can enable investors to take advantage of possible further declines while managing risk.\nHow Did Ethereum Price React After Approval: Has the Expected Rise Come?\nFollowing the approval of eight spot Ethereum ETFs by the SEC last night, ETH price remained stagnant at $3,800 and showed no signs of a significant uptrend. Despite this, ETH experienced a significant increase of over 30% last week. Investors are currently taking a cautious stance and are watching to see if this development will result in a “news sell” event.\nAhead of the US SEC announcing its Ethereum ETF approval decision, ETH price witnessed some sharp fluctuations. In the tense hours before official approval, ETH initially fell to $3,500 during the traditional US market close. It later approached $3,900 after initial unconfirmed reports emerged pointing to confirmation, and ultimately settled above $3,800 after confirmation. In the midst of these huge price swings, it turned out that a whale made a staggering sale of 7,900 ETH worth $29 million.\nDuring the turbulent period, liquidation of leveraged crypto derivatives positions reached over $350 million throughout the day, the highest figure since May 1, according to CoinGlass data. The majority of these liquidated positions were long positions anticipating price increases and totaled approximately $250 million. This shows that traders who had overextended themselves with leverage were surprised by the sudden price drop. Among those affected, ETH traders bore the brunt, with $132 million in liquidations.\nApproval of spot Ethereum ETFs could bring inflows of more than $500 million, as analysts estimate. However, it may take some time for this to happen and the uptrend to begin. Some on-chain indicators suggest that Ethereum could form a base above $4,000 and continue to rise to $5,000-6,000 by August this year. While the approval of Bitcoin ETFs has led to strong institutional inflows, it will be interesting to see whether the ETH ETF launch will lead to greater institutional adoption.\nFurrever Token: The Upcoming Game-Changer in Meme Coins\nFurrever Tokenis poised to capitalize on the growing interest in meme coins with its charming cat-themed imagery. Currently in the final phase of its presale, the token has already raised over $1.1 million, aiming to reach $1.9 million before its official launch on PancakeSwap. The potential for a 1500% increase in value post-launch positions Furrever Token as a highly attractive investment. Early presale participants, with tokens priced at $0.000648, stand to benefit significantly from this anticipated growth.\nFurrever Token's engaging approach, featuring cat-themed stickers, visuals, and community challenges, promotes a vibrant community. Additionally, the project's commitment to security and transparency, evidenced by its audited smart contract and a one-year lock on team tokens, reassures investors about its long-term prospects. With nearly 4,000 active members in its Telegram channel, Furrever Token demonstrates robust community support and engagement.\nAs the presale concludes, now is Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,365,167,823,281 - Hash Rate: 704697036.5005332 - Transaction Count: 852655.0 - Unique Addresses: 403848.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The cryptocurrency market cooled off in 2022 as rising interest rates, regulatory challenges, and other macro headwinds drove investors toward more conservative investments. But over the past year, the crypto market warmed up again as the U.S. Securities and Exchange Commission (SEC) approved the first spot priceBitcoinexchange-traded funds (ETFs) and investors looked forward to lower interest rates. The upcoming Bitcoin "halving," which will reduce the rewards for mining the cryptocurrency; network upgrades for theEthereumNetwork; and more institutional cryptocurrency purchases also brought back more bulls. The easiest way to profit from the market's growth is to directly buytop cryptocurrencieslike Bitcoin and Ethereum on a cryptocurrency exchange. But it's still smart to invest in a few promising crypto companies which will benefit from the same tailwinds. I believeMarathon Digital(NASDAQ: MARA)andCoinbase Global(NASDAQ: COIN)check all the right boxes. Marathon Digital is North America's largest pure-play Bitcoin miner. It minted 12,852 Bitcoins in 2023, a 210% jump from 2022. At the end of March, it held 17,381 Bitcoins within its $1.6 billion in total Bitcoin and cash holdings. Marathon's mining operations in North Dakota were affected by adverse weather conditions in the first quarter of 2024. But it plans to resolve those issues by shifting some of its miners from North Dakota to Texas and energizing thousands of new miners. After making those changes, it expects its operating fleet grow to 235,000 miners with a total production capacity of 29.8 exahashes per second (EH/s) this year. By comparison, Marathon's closest competitor,Riot Platforms, ended March with 112,944 miners, a production capacity of 8.6 EH/s, and only 8,490 Bitcoins on its balance sheet. Marathon's lead over Riot should widen as it opens new plants, acquires smaller miners, and expands its new mining joint venture in Abu Dhabi. It's also periodically selling its own Bitcoin to raise more cash and support those expansion plans. Analysts expect Marathon's revenue to grow at a compound annual growth rate (CAGR) of 35% from 2023 to 2026. They expect its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at a slower CAGR of 1% as it ramps up its spending to scale up its business, but its stock still looks reasonably valued at 6 times this year's sales and 13 times its adjusted EBITDA. Coinbase is one of the world's largest cryptocurrency exchanges. It held $101 billion in assets under custody at the end of 2023, and it was chosen as the custodian for eight of the 11 new Bitcoin spot price ETFs that went public earlier this year. It also flourished as many of its industry peers collapsed. Coinbase's total trading volume declined 44% in 2023, but it still improved sequentially in the third and fourth quarters as the crypto market warmed up again. It's also been generating more of its trading revenue from theTetherstablecoin -- which accounted for 11% of its trading volume in 2023 -- and that shift could reduce its long-term dependence on Bitcoin, Ethereum, and its other more volatile crypto assets. From 2023 to 2026, analysts expect Coinbase's revenue to grow at a CAGR of 21% as its adjusted EBITDA increases at a CAGR of 40%. Based on those estimates, its stock trades at 10 times this year's sales and 24 times its adjusted EBITDA. Coinbase's stock isn't a screaming bargain yet, but it could still have plenty of room to run as the cryptocurrency market expands. That's why Ark Invest's Cathie Wood -- who believes Bitcoin's price can hit $1.5 million within the next three years -- holds Coinbase as a top holding across several of Ark Invest's most popular ETFs. If you believe cryptocurrencies will gain more attention from retail and institutional investors, you should follow Ark's lead and pick up a few shares of Coinbase. Before you buy stock in Marathon Digital, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Marathon Digital wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002. See the 10 stocks Stock Advisor returns as of April 8, 2024 Leo Sunhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has adisclosure policy. 2 Potentially Explosive Crypto Stocks to Buy in Aprilwas originally published by The Motley Fool... - Reddit Posts (Sample): [['u/Maximum-Luck8471', 'Bitcoin to infinity and GME price target of $2800', 54, '2024-05-26 01:34', 'https://www.reddit.com/r/PROGME/comments/1d0ojiz/bitcoin_to_infinity_and_gme_price_target_of_2800/', '\nAs foretold by The Simpsons we already know what the price target is for our favorite game stock. With a market cap of 1 trillion that’s would put our price target for the stonk that shall not be named at $2800 ish per share with 351 million shares outstanding. At 2 trillion we’d be sitting around $5600 per share. If the Simpson’s already know than buckle up!!! ', 'https://i.redd.it/vm0rsu89rn2d1.jpeg', '1d0ojiz', [['u/Senior-Arm-8097', 17, '2024-05-26 02:00', 'https://www.reddit.com/r/PROGME/comments/1d0ojiz/bitcoin_to_infinity_and_gme_price_target_of_2800/l5ohf95/', 'No jail no sale. Diamond nuts. You do you…', '1d0ojiz'], ['u/HandleNo8032', 14, '2024-05-26 03:35', 'https://www.reddit.com/r/PROGME/comments/1d0ojiz/bitcoin_to_infinity_and_gme_price_target_of_2800/l5otdju/', '+1 trillion not 1 trillion', '1d0ojiz'], ['u/psbyjef', 10, '2024-05-26 04:14', 'https://www.reddit.com/r/PROGME/comments/1d0ojiz/bitcoin_to_infinity_and_gme_price_target_of_2800/l5oy8i2/', 'Actually the +1 trillion is the stock price not the market cap. Now stop with this low number price anchoring', '1d0ojiz'], ['u/SuperChimpMan', 14, '2024-05-26 04:21', 'https://www.reddit.com/r/PROGME/comments/1d0ojiz/bitcoin_to_infinity_and_gme_price_target_of_2800/l5oz4k6/', 'Not market cap stock price! Tickers never show market cap. Don’t price anchor me bro 😎', '1d0ojiz']]], ['u/Dartagnonymous', 'Kaspa is a beast. It’s fighting on all fronts.', 52, '2024-05-26 04:56', 'https://www.reddit.com/r/kaspa/comments/1d0s1ck/kaspa_is_a_beast_its_fighting_on_all_fronts/', 'Kaspa is fighting against the insanity of the shitcoin jungle that splatters mud and FUD against any coin that manages to gain some traction.\n\nKaspa is fighting against other established proof-of-work coin ecosystems, and have earlier-mover advantage.\n\nKaspa is fighting (of course) against hardcore bitcoin maximalism.\n\nKaspa will soon be fighting against coins that specialize in smart contracts and smart contract platforms.\n\nUndoubtedly if Kaspa stays decentralized and secure and more and more developers work to develop on Kaspa, Kaspa is going to fight against all these things I’ve listed, as well as governments that don’t want a global circular Kaspa monetary community to evolve.\n\nI like Kaspa for the gains, sure, but if I set my personal greed aside … I can really see that Kaspa is fighting to bring fair money to the whole world.\n\nOnward.', 'https://www.reddit.com/r/kaspa/comments/1d0s1ck/kaspa_is_a_beast_its_fighting_on_all_fronts/', '1d0s1ck', [['u/No_Balls_No_Glory', 14, '2024-05-26 05:06', 'https://www.reddit.com/r/kaspa/comments/1d0s1ck/kaspa_is_a_beast_its_fighting_on_all_fronts/l5p4jzd/', "Let's go Kaspians 💎", '1d0s1ck']]], ['u/drmelle0', 'how to unload billions from bitcoin?', 210, '2024-05-26 05:16', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/', "Hypotetical situation, someone from the early days of bitcoin did all the mining on his 1080ti and dripped from every faucet, never spent his 10k btc on pizza. now is sitting on a billion dollar amount of bitcoins , of course safely kept on a single ledger nano with the key phrase noted down somewhere on the phone.\n\nnow this person wants to buy a yacht bigger than jeffy bezos. how does he go about unloading some of his vast assets into fiat to pay the plebs that built his boat? i imagine he does not just go on coinbase, and have it put into his paypal account for the dollar amount it is then. do the brokers take the risk of taking those amounts when they decide to sell, and hope for the best, of can they refuse sales of bitcoin at the price you wanna sell at if you closed at a certain price? \n\n \n(no worries, it's not me, i'm still saving for a fishing boat)\n\n\n\n", 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/', '1d0scxa', [['u/brianddk', 310, '2024-05-26 05:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pa2l4/', "So in your story, the 2010 miner has solo mined 286 blocks that have never been touched for 14 years. First think he's gonna need to do is to be damn careful before moving any of that prehistoric bitcoin (wouldn't be on ledger since BIP39 wouldn't be invented till three years later.\n\nFirst thing I'd do figure out a way to raise about 50k. With 50k you can get a law firm on retainer. Go in to the lawyers office and explain. They will think for a while then bring on some cryptographers that will be able to understand proof of funds.\n\nOnce the law firm is convinced they can entangle your funds with legal fees, the process would go something like this.\n\n1. Form an LLC or Trust to funnel the funds into\n2. Law firm will reach out to 5 to 6 OTC trading desks\n3. Request blind bids as to which OTC desk will offer best service -v- cost\n4. Schedule the OTC sale of 286 blocks (17160 BTC) to the OTC desk\n5. After the sale, law firm and OTC desk both take your cut\n6. Law firm sends files your huge tax check to the IRS at sale\n7. You walk away as trustee to a trust with a few hundred million\n\nNow you never tell a fucking soul!", '1d0scxa'], ['u/brianddk', 12, '2024-05-26 06:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pg99w/', "Trust / LLC isn't to obscure the sale, it's to hold the proceeds.\n\nYes... Fantasy billionaire would be taxed through the nose. No easy way to convert 17k Bitcoin to fiat tax free", '1d0scxa'], ['u/VVaId0', 14, '2024-05-26 07:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pgoz1/', '1080ti is a 2017 card no?', '1d0scxa'], ['u/lunas2525', 51, '2024-05-26 07:33', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pjqta/', 'You dont do it all at once also assume dozens of wallets each split each fork was updated. \n\nYou do it a few coins at a time never more than 100. You use shell companies so public doesnt know 1 person is so rich and vulnerable. There is a reason the top richest live like celebraties and have personal security as such. Because those that dont have will do anything to take from those that do have....', '1d0scxa'], ['u/CipherX0010', 33, '2024-05-26 07:43', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pklfm/', "First off, you don't put your seed phrase anywhere on your phone", '1d0scxa'], ['u/aMacGuffin', 10, '2024-05-26 10:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pvw1u/', 'Over The Counter, i.e. a private transaction not executed through an exchange. The acronym has nothing to do with blockchain, and comes from the world of securities trading.', '1d0scxa'], ['u/echoesofsavages', 69, '2024-05-26 10:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5pvy3k/', 'Sounds complicated. I will just stay poor', '1d0scxa'], ['u/Despot4774', 16, '2024-05-26 10:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5py1ey/', 'Rich people do not pay taxes, that is reserved for poor plebs, how is this not common knowledge?', '1d0scxa'], ['u/Comfortable-Rate-722', 23, '2024-05-26 12:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5q699x/', 'I don’t get the point, most of the boat are bigger than Jeff Bessos, the pal is about 170cm', '1d0scxa'], ['u/duotriophobia', 23, '2024-05-26 15:59', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5quc1v/', 'lol you\'re hysterically misinformed if you think celebrities are the "top richest" the top richest shy away from public eye 95% of the time', '1d0scxa'], ['u/TenshiS', 25, '2024-05-26 16:13', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5qwd7n/', 'Nice try Satoshi', '1d0scxa'], ['u/Gallagger', 11, '2024-05-26 16:16', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d0scxa/how_to_unload_billions_from_bitcoin/l5qwtwg/', 'He meant security wise. Cebs must be careful because of fans/press.', '1d0scxa']]], ['u/Dwittster', 'Can U Be sellers', 25, '2024-05-26 05:56', 'https://www.reddit.com/r/GoodAssSub/comments/1d0szrq/can_u_be_sellers/', 'I been following ts since Glastonbury. Never in my lifetime did I actually think we were going to get this close to CUB after the MusicMafia GB for 2 bitcoin way back.\n\nIf I have this right, there are 2 sellers:\n\nSeller #1 has just the song + Travis verse \n\nSeller #2 has CDQ MusicMafia version + the Kendrick half of the “40/40” songs \n\nAre we fr gonna get the trav verse?', 'https://www.reddit.com/r/GoodAssSub/comments/1d0szrq/can_u_be_sellers/', '1d0szrq', [['u/KevinWeston77', 17, '2024-05-26 05:57', 'https://www.reddit.com/r/GoodAssSub/comments/1d0szrq/can_u_be_sellers/l5paby1/', 'We are back', '1d0szrq'], ['u/Dwittster', 20, '2024-05-26 05:57', 'https://www.reddit.com/r/GoodAssSub/comments/1d0szrq/can_u_be_sellers/l5pae1w/', 'che pope one was real', '1d0szrq'], ['u/Milaninvestor', 15, '2024-05-26 06:20', 'https://www.reddit.com/r/GoodAssSub/comments/1d0szrq/can_u_be_sellers/l5pcr12/', 'It’s funny seeing the sheer price difference from the Travis feature compared to the Music Mafia snippet. It seems more realistic that the $100,000 offer is less likely a scam. Considering back in 2019 the song was $50,000+ no way the Travis feature is $30,000. I’m assuming seller has a LQ version which he didn’t specify (like the time Snorlax was trying to sell Living So Italian for $30,000 but in LQ) or he has a AI version of the song hence why we don’t have a snippet. Also GucciTunes provided a snippet… he even said later on that the other seller claiming to have the Travis feature version can feel free to sabotage the group buy and leak the song if he really has it. Final conclusion if we do get any version it’s going to be the Music Mafia version rather than the Travis feature version.', '1d0szrq'], ['u/rosettastonesforever', 10, '2024-05-26 06:24', 'https://www.reddit.com/r/GoodAssSub/comments/1d0szrq/can_u_be_sellers/l5pd450/', 'seller 2 claims seller 1 is lying and that no copies of trav verse version are in circulation. seller 2 is also wayyy overpricing it.', '1d0szrq']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, May 26, 2024', 27, '2024-05-26 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/', '1d0t2av', [['u/_TROLL', 27, '2024-05-26 08:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5poitz/', 'Actually, many people have been downvoted before you. 😉', '1d0t2av'], ['u/phrenos', 13, '2024-05-26 11:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5q22cy/', 'Your mother must be so proud.\xa0', '1d0t2av'], ['u/dopeboyrico', 20, '2024-05-26 15:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5qmqrp/', 'Average net inflows since spot ETF approval is at $145.6 million per trading day.\n\nWe’ve had 94 trading days since spot ETF launch. But there’s only 5 trading days in a week. Today marks 137 calendar days since spot ETF launch. In terms of average daily inflows in calendar days, we’re at $99.90 million per day.\n\n450 BTC are mined per day. If we reach a point where buying/selling outside of spot ETF’s is net neutral and spot ETF’s are chasing newly mined BTC only, equilibrium price would be $222.01k per BTC.', '1d0t2av'], ['u/kanyelibritarian', 17, '2024-05-26 16:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5qvah4/', 'In 2017 and even the 2020 cycle, the news of a presidential candidate saying what Trump did last night would have moved the market 10-20%\n\nAdds to how bizarre I think this cycle is that it didn’t even budge. We used to move all over the place based on a rumor about what china thought.', '1d0t2av'], ['u/teebo42', 45, '2024-05-26 16:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5qwopq/', "Because people know he's only saying that to try to get some votes, but that he doesn't understand what he's saying and won't actually do anything for crypto if he's elected.", '1d0t2av'], ['u/hexcode', 23, '2024-05-26 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5r0t67/', 'Imagine all the other topics he does that with', '1d0t2av'], ['u/Pigmentia', 21, '2024-05-26 16:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5r30lr/', '> 2019: " I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity...."\n\n> 2024: " I am very positive and open minded to cryptocurrency companies and all things related to this new and burgeoning industry, our country must be the leader in the field, there is no second place. Crooked Joe Biden, on the other hand, the worst president in the history of our country, wants it to die a slow and painful death. "\n\nMmmmmkay.', '1d0t2av'], ['u/Knowhatimsayinn', 24, '2024-05-26 17:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5rb1zo/', 'It reads like a political cartoon.', '1d0t2av'], ['u/itsthesecans', 28, '2024-05-26 19:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5rszvs/', "I think its 100% the realization that bitcoin/crypto is a growing and motivated voting block. The political calculation is that it doesn't make sense to piss this constituency off. Politicians are always motivated by self interest. Sometimes, in cases like this, it works out to align with the greater good,", '1d0t2av'], ['u/snek-jazz', 12, '2024-05-26 19:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5rtvfg/', "The game theory, if that's even the correct term for this, related to this has always been beautiful. When bitcoin was smaller it wasn't important enough to be attacked, but when it's big enough to be important then that's because it has enough supporters that the political capital lost by pissing off bitcoiners by attacking it will always be less than that gained from the buttcoiners.", '1d0t2av'], ['u/itsthesecans', 15, '2024-05-26 19:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5rvimh/', 'Yep. This is exactly why we’ve seen the con-man do a flip flop on bitcoin.\xa0 He doesn’t know or care to know anything about bitcoin.\xa0 Someone around him has told him the winds have changed on the subject and he can get a lot more votes by saying good things about bitcoin. (The very definition of a useful idiot )\n\nNow the other side is scrambling to soften their stance because they too realize that people who don’t like crypto for the most part aren’t going to base their votes on that principle.\xa0 While bitcoiners are, as a group, are much more passionate on the topic.', '1d0t2av'], ['u/froz3nt', 16, '2024-05-26 20:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5s2m0p/', 'Lol', '1d0t2av'], ['u/Belligerent_Chocobo', 18, '2024-05-26 21:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d0t2av/daily_discussion_sunday_may_26_2024/l5scvro/', 'Yeah... no.', '1d0t2av']]], ['u/MeasurementMental534', "Using a credit card to pay for living expenses... then paying it off at end of each month using Bitcoin profit... allowing me to DCA more bitcoin every payday and potentially get free rent/food etc? Logical or stupid? Have I even understood Jack Mallard's strategy correctly? ", 41, '2024-05-26 07:13', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/', "New to bitcoin and investing in general. I get paid $3k (AUD) every fortnight. Let's say I want to put in 50% of my pay cheque to Bitcoin (i.e. 1.5k AUD, so around $1k US), and the other 50% to other investments (both DCA strategy, looking to buy and hold long-term). I would then use an interest-free credit card (that has no interest for 2 months) to pay for my living costs for these 2 months (approx $600 a fortnight on single room I rent, food, gas). Then, assuming Bitcoin has gone up in this period, I would withdraw just enough BTC every 1-2 months to pay this credit card debt off before the interest kicks in. And try to time that withdrawal during a dip? Then repeat.\n\nOther than the risk of Bitcoin not going up, or god forbid crashing, are there any other disadvantages to this approach? Are there even any advantages in the first place?! I'm assuming the advantage is I could have a higher DCA rate each fortnight, and by the time I pay the debt back, I would have gained enough profit to basically mean I got free or at least discounted rent/food for that month? Surely there is a flaw with my logic here, pls I would appreciate any feedback and perspectives, strengths/weaknesses etc. Jack Millar is who I heard this strategy from but I'm not even sure if I understood it correctly - 30:00 [https://www.youtube.com/watch?v=0c\\_enEuz8Do](https://www.youtube.com/watch?v=0c_enEuz8Do)\n\nThe other option is I do what I was intending to do prior to hearing Jack Mallar which is regular run of the mill approach - pay my living costs out of my normal pay cheque, not touch my credit card, and invest a couple of hundred $ less each month in Bitcoin. Jack Mallar's situation obviously is vastly different to mine, given he won't have a government job like me lol, but is the rationale the same - that it's better to not pay for living costs in normal currency, as a way to hold more Bitcoin stock?\n\nAny insights appreciated.. thank you. Btw I have no credit card debt outside of what I would spend on my living costs in this scenario, if I end up doing this.", 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/', '1d0u7os', [['u/HesitantInvestor0', 13, '2024-05-26 07:27', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5pj6lb/', "If Bitcoin goes up, you profit. It Bitcoin goes down, you may end up having to sell at a loss. It's basically the same risk/reward as buying Bitcoin generally has.\n\nI think one strategy you could use to offset this strategy is to keep some amount of cash in an interest generating account. Let it sit and generate interest without touching it as Bitcoin goes up. That way you are selling Bitcoin at a profit and accumulating more as it rises. In the event Bitcoin has a drastic dip, continue your DCA into Bitcoin but pull from your cash account to pay off the credit card.\n\nThat's probably how I would position myself if I wanted to pursue your idea.", '1d0u7os'], ['u/malceum', 132, '2024-05-26 07:37', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5pk3nn/', 'Leverage, margin, debt -- whatever you want to call it -- does not tend to work out for retail investors. Sooner or later, you will be forced to sell at the worst possible time and end up with less than your starting capital, with no chance of fully participating in the recovery.', '1d0u7os'], ['u/apricotsalad101', 66, '2024-05-26 07:52', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5pldnl/', 'Pay your credit card off monthly with your dollars from your paycheck, buy bitcoin with the rest, and live well within your means.\n\nIn the us, if you sell the bitcoin first, you’d be paying short term capital gains tax on it, so avoid going back from btc to dollars', '1d0u7os'], ['u/Efficient_Culture569', 13, '2024-05-26 08:25', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5po86x/', "Just from the title I know it's not a good idea.", '1d0u7os'], ['u/standardcivilian', 10, '2024-05-26 09:17', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5psgfv/', "I would do the hold no debt and use bitcoin as savings method. Bitcoin doesn't promise vast riches, all it promises is that your hard earned money through hard work will not be devalued and diluted by criminals. This promise is more than we deserve in this unforgiving world.", '1d0u7os'], ['u/MeasurementMental534', 10, '2024-05-26 09:28', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5ptb87/', 'thank you for the advice', '1d0u7os'], ['u/seviay', 12, '2024-05-26 13:23', 'https://www.reddit.com/r/Bitcoin/comments/1d0u7os/using_a_credit_card_to_pay_for_living_expenses/l5qc272/', 'This is the correct advice, OP. \n\nFor example, what do you do if you have no profit with which to pay your credit card bill? And have you considered the tax implications of short term cap gains?', '1d0u7os']]], ['u/rBitcoinMod', 'Daily Discussion, May 26, 2024', 22, '2024-05-26 08:07', 'https://www.reddit.com/r/Bitcoin/comments/1d0uzac/daily_discussion_may_26_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1d05d8r/daily_discussion_may_25_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1d0uzac/daily_discussion_may_26_2024/', '1d0uzac', [['u/harvested', 12, '2024-05-26 09:25', 'https://www.reddit.com/r/Bitcoin/comments/1d0uzac/daily_discussion_may_26_2024/l5pt2x9/', '"Why doesn\'t a nation connect a super computer to the bitcoin network, and print themselves ALL the bitcoin for a few hours worth of electricity?"\n\nSolid take from the Buttcoin sub. 🤡', '1d0uzac'], ['u/escodelrio', 16, '2024-05-26 14:44', 'https://www.reddit.com/r/Bitcoin/comments/1d0uzac/daily_discussion_may_26_2024/l5qkj7d/', "Historical Bitcoin prices for today, May 26th:\n\n2024 - $69,114\n\n2023 - $26,712\n\n2022 - $29,204\n\n2021 - $39,249\n\n2020 - $8,843\n\n2019 - $8,630\n\n2018 - $7,361\n\n2017 - $2,245\n\n2016 - $453\n\n2015 - $238\n\n2014 - $582\n\n2013 - $134\n\n2012 - $5.1\n\n2011 - $8.80\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.36 trillion.\n\nBitcoin's current block height is 845234; with the average block time for the last 7 days being 9.28 minutes.\n\nBitcoin's current block reward is 3.125₿, which is worth $215,980 per block.\n\nThe next Bitcoin halving is anticipated to happen between 19-Mar-2028 to 20-Apr-2028; the block reward will fall to 1.5625₿.\n\nThere are currently 17,480 reachable Bitcoin nodes.\n\nBitcoin's average daily hashrate for the last 7 days is 648 exahashes per second.\n\nBitcoin's average daily trading volume for the last 7 days is 69,499 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 673,668.\n\nBitcoin's average transaction fee for the last 7 days is 18.76 sats/VB, with the average fee's USD amount being $2.36.\n\nThere are currently 19.70M ₿ in circulation, leaving 1.30M to be mined.\n\nThere are currently 2.54M ₿ held by companies, governments, DeFi, and ETFs, representing 12.90% of circulating supply.\n\nThere are currently 53,893,189 nonzero Bitcoin addresses.\n\nBitcoin's average daily price from 18-Jul-2010 to 26-May-2024 is $11,498.\n\nBitcoin's average daily price for the year 2024 is $58,055.\n\n1 US Dollar ($) currently equals: 1,447 satoshis; making 1 penny equal 14.47 sats.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 6.27% from the ATH.", '1d0uzac'], ['u/direktor4eto_reborn', 14, '2024-05-26 15:26', 'https://www.reddit.com/r/Bitcoin/comments/1d0uzac/daily_discussion_may_26_2024/l5qpv01/', 'BTC "investors" are so impatient. Embarrassing. \n\nYou\'re gonna end up selling.', '1d0uzac']]], ['u/Similar-Comparison-1', 'How many times In your life have you said shoulda, coulda, woulda?', 282, '2024-05-26 08:18', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/', 'Shoulda bought GameStop, coulda bought Bitcoin, woulda bought Apple or Ethereum if I had known!!!! This time say I DID…believe in each other, there is nothing stronger than a group with the same belief!!!! HOLD !!! Bought a few thousand dollars more last weak even thought I raised my avg cost , holding over 54,000 shares , I haven been up 70k and didnt even think of selling, I want it for everyone not just me!!!!! LFG !!!!!', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/', '1d0v4vp', [['u/PixelDoof', 27, '2024-05-26 08:20', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/l5pnt1z/', 'Thank you for your service soldier! :)', '1d0v4vp'], ['u/ilybentley', 10, '2024-05-26 08:27', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/l5poekv/', 'This is our futures and we are in control', '1d0v4vp'], ['u/mikedoinit92', 24, '2024-05-26 08:38', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/l5pp94i/', 'just buy dips and fuckin hold ya fucks we are unstoppable!', '1d0v4vp'], ['u/Responsible-Seat1111', 19, '2024-05-26 09:55', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/l5pvh4w/', 'Worst part is.. I sold 600 dollars worth of bit coin in 2015... I try not to think about it anymore.', '1d0v4vp'], ['u/Unhappy_Cat_1854', 14, '2024-05-26 11:56', 'https://www.reddit.com/r/FFIE/comments/1d0v4vp/how_many_times_in_your_life_have_you_said_shoulda/l5q4szd/', 'Sold bitcoin for 20ish dollars when it jumped from a dollar. Literally could be a millionaire. Hurts my soul, but I was young and needed the money. Now I’m older and I’m holding!', '1d0v4vp']]], ['u/Nightwatcher2007', 'Finished drawing my illithid character![oc]', 1003, '2024-05-26 08:47', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/', '\n\nYippi, after weeks of art block i finally managed to finish this waist up piece of my oc mau’drid. I was planning on putting another drawing of him to the side in full body what his outfit as a rogue cause the drawing itself was lacking HABSBUSVS i also saw from a few illithid illustrations some markings on their skins and thought it would be cool to put some tattoos \n\n\n\n[copy paste from my old post pf mine that was of wip of this drawing for lore]\nHi! Im very new to the world of dnd(just this month) and i wanna learn more just about everything, Im especially fond in drawing characters, this is my first time drawing an illithid tho so if you see smth that didnt belong there then feel free to correct me. \n\nAs for the character above, his name is mau’drid. Im still deciding to either make him a warlock or a rouge, i dont know which is more fitting. And i know that mind flayers are supposed to be evil incarnate of the devil himself but I like to think that some(im delusional) of them are just being silly. He travels with a monk elf (another oc of mine) and do what adventurers do ig, basically everyone hates him but his monk friend and now hes a freeloader. And yes i intentionally made him look pale and grey cause hes lacking a little vitamin called getting some btches, jk, its cause hes just built like that. \n\nAnd for the monk, her name is saturn and shes a water-elf thus why shes blue. I heard for a lot of people that monk is the worst class for dnd5e but it is what it is, i think monks are really cool and have a certain charm to them. (Also read that if theyre naked theyre faster which is kinda funny to me) \n\nAs for the lore of these two, they were childhood friends until the guy moved to another village, and the girl stayed, both of them sent letters to each other from time to time till some people raided the girls poor village and she had become an orphan, she was dropped off at a monastery and grew up to become a monk, guy on the other hand his parents were becoming wealthy so he learned the arts and magic to join a group of adventurers, but on the day on his first voyage his group was taken from the mind flayers, some of his party became sustenance for the illithids and some, including him, became hosts. Some time passes and the guy becomes a full blown mind flayer, he goes back to the village by either a task or smth smth, and then sees monk girl again and has this urge to take her, he convinces monk girl that hes friendly and doesnt want any harm but achthually 👆🏽👆🏽 was just manipulating her. By the time she realizes this, its too late shes already a goner. \n\nIn the future id also like to do some fanart of people characters sometimes just for fun, ppl in the dnd community have the most gorgeous and amazing character designs that ive seen. ', 'https://i.redd.it/6pfxkkmiwp2d1.jpeg', '1d0vjl5', [['u/oldmonkforeva', 17, '2024-05-26 08:56', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5pqskj/', 'That bod tho!!!', '1d0vjl5'], ['u/ghost103429', 169, '2024-05-26 08:59', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5pqzlq/', 'Now that is a hot squid', '1d0vjl5'], ['u/Aoiboshi', 116, '2024-05-26 09:57', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5pvkgr/', 'Thank goodness I magicked my brain into my butt.', '1d0vjl5'], ['u/Usshue', 19, '2024-05-26 10:30', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5py6u4/', 'Out of curiosity, what does the tattoo read?', '1d0vjl5'], ['u/Nightwatcher2007', 24, '2024-05-26 11:12', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5q1fe0/', 'Vita mors est et mors me, i punched in a quote that sounded way cooler and turned it into latin but i forgot that latin has a few missing words and now it turned into something cringe which is “life through death, death is me” IWNWIWJW I KNOW CRINGE i wanna stake myself through the ground but i merged all the layers and now i cant take it back', '1d0vjl5'], ['u/SnekAmigo', 105, '2024-05-26 11:46', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5q41bv/', 'alright hear me out...', '1d0vjl5'], ['u/Usshue', 15, '2024-05-26 11:47', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5q420a/', 'I feel your pain on merging the layers early and suffering for it lol.', '1d0vjl5'], ['u/Roy_cat_enjoyer', 41, '2024-05-26 12:09', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5q5sf2/', 'Bro has been hitting the gym and drinking his brain-protein powder', '1d0vjl5'], ['u/OddityOmega', 33, '2024-05-26 12:21', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5q6ppy/', 'i dont like that this very hot man also has tentacles.\n\nunless...', '1d0vjl5'], ['u/Code95FIN', 22, '2024-05-26 12:52', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5q99p8/', 'How in the nine hells did you manage to convince DM that you can play as a illithid?\n\nDrawing is awesome btw', '1d0vjl5'], ['u/TraumSchulden', 11, '2024-05-26 13:42', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5qdtt1/', 'Brain is great protein', '1d0vjl5'], ['u/AReallyAsianName', 63, '2024-05-26 13:55', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5qf7vx/', "Oh no he's hot!", '1d0vjl5'], ['u/vilgefcrtz', 43, '2024-05-26 14:05', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5qg80w/', "You could drown in karma by posting it to r/okbuddybaldur just don't read the comments afterwards if you value your sanity", '1d0vjl5'], ['u/OnyxFox89', 80, '2024-05-26 14:20', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5qhs9i/', 'leans towards mic\n\nWould.', '1d0vjl5'], ['u/Smokescreen1000', 12, '2024-05-26 14:34', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5qjcan/', 'Achievement unlocked, "mind blown"', '1d0vjl5'], ['u/Lamplorde', 17, '2024-05-26 16:21', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5qxi7x/', 'If you succeed your Wisdom save, he just fucking punches you.', '1d0vjl5'], ['u/GoldenSteel', 10, '2024-05-26 17:20', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5r6jvg/', "I don't know about roleplay, but you can get all the mechanics you need from an Emerald Dragonborn.", '1d0vjl5'], ['u/GuardianSK96', 18, '2024-05-26 17:30', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5r81o2/', 'Damn, homeboy so shredded even his brain has a six pack', '1d0vjl5'], ['u/2-particles', 36, '2024-05-26 17:46', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5raofj/', 'Go on, we’re definitely not going to judge you for it', '1d0vjl5'], ['u/DaHerv', 10, '2024-05-26 20:08', 'https://www.reddit.com/r/DnD/comments/1d0vjl5/finished_drawing_my_illithid_characteroc/l5rx51b/', 'Probably something about sex, already judging.', '1d0vjl5']]], ['u/contumelia84', 'need help with the trezor', 11, '2024-05-26 10:01', 'https://www.reddit.com/r/Bitcoin/comments/1d0wk51/need_help_with_the_trezor/', "hello everyone, \n\nfirst of all i wanted to thank this community and all the knowledgeable people here. you are doing an awesome job in helping people and i already learned a lot of you 🥰 you made me aware of possible dangers and i slowly start to understand what bitcoin really is. so thank you all so so much!!!!!! \nbut long story short, i could need your help. \ncan someone give me step to step instructions on how to move my bitcoin SAFELY to my trezor safe 3 from kraken. \nof cause i read the instructions from trezor and the instructions from kraken but i am still afraid there are maybe some key points of security they are not talking about 😊 i need to move quite an amount, and i know now i should have done that long before now, but i simply wasn't aware of that 🙄", 'https://www.reddit.com/r/Bitcoin/comments/1d0wk51/need_help_with_the_trezor/', '1d0wk51', [['u/EarlyWin21', 11, '2024-05-26 10:45', 'https://www.reddit.com/r/Bitcoin/comments/1d0wk51/need_help_with_the_trezor/l5pzbyz/', 'Doublecheck the BTC address on the display of your HW wallet (not only on your computer screen)!\n\nMaybe try one transaction with a smaler amount first to see that everything works fine!?', '1d0wk51']]], ['u/MakeItMine2024', 'Last 2 cycle highs were 375 and 412 on LTC ', 35, '2024-05-26 11:21', 'https://www.reddit.com/r/litecoin/comments/1d0xlcl/last_2_cycle_highs_were_375_and_412_on_ltc/', 'It seems like in Dec 2017 and May 2021 both pops were parabolic shot surges followed by immediate pull back. Seems like April to December 2025 is where a LTC peaks again. I’m thinking we may get back to last year’s highs of about 110 by July and hopefully 200 by December. The 2 prior highest were pretty close to one another as BTC 2 prior highs were significantly different. I don’t know if we should expect 450 of substantially higher this cycle. What’s your thoughts?', 'https://www.reddit.com/r/litecoin/comments/1d0xlcl/last_2_cycle_highs_were_375_and_412_on_ltc/', '1d0xlcl', [['u/chankung', 30, '2024-05-26 11:31', 'https://www.reddit.com/r/litecoin/comments/1d0xlcl/last_2_cycle_highs_were_375_and_412_on_ltc/l5q2vug/', "I hope it's 1000.", '1d0xlcl'], ['u/Substantial_Boot3453', 21, '2024-05-26 15:52', 'https://www.reddit.com/r/litecoin/comments/1d0xlcl/last_2_cycle_highs_were_375_and_412_on_ltc/l5qtfex/', "I think litecoin should be at least $500. It one of the oldest most reliable cryptos yet doge has a higher market cap. Litecoin is getting disrespected and it's always on bitcoins nuts. I wish litecoin would make its own moves. It should be right there with eth in market cap.", '1d0xlcl']]], ['u/Sharp-Routine-9134', 'The Nonce Hunt vs. Block Discovery', 16, '2024-05-26 13:15', 'https://www.reddit.com/r/Bitcoin/comments/1d0z4db/the_nonce_hunt_vs_block_discovery/', 'For those who might not be familiar, a nonce in the Bitcoin world is a “number used once” that miners are trying to find to validate a new block. It’s like looking for a needle in a haystack, except the haystack is the size of a galaxy, and the needle… well, it’s not really a needle but a specific number that makes the block’s hash fit within the network’s difficulty target.\n\nTo put it in perspective, finding the correct nonce is like trying to guess the exact number a roulette wheel will land on, but instead of 36 numbers, there are billions upon billions of possibilities. And yet, despite these odds, blocks are being mined consistently.\n\nSo, this got me thinking, and I’d love to hear your thoughts:\n\nWhat are the statistical probabilities of finding a nonce compared to actually mining a block?\n\nHas anyone here been part of a mining pool that struck gold by finding the right nonce? What was that like?', 'https://www.reddit.com/r/Bitcoin/comments/1d0z4db/the_nonce_hunt_vs_block_discovery/', '1d0z4db', [['u/TheGreatMuffin', 11, '2024-05-26 14:38', 'https://www.reddit.com/r/Bitcoin/comments/1d0z4db/the_nonce_hunt_vs_block_discovery/l5qjrnx/', '> finding a nonce compared to actually mining a block? \n\nWhat do you mean? "Finding a nonce" is basically the same as "mining a block". The nonce is just a variable a miner can tweak in order to make the block hash hit the specific target, but the miner can also tweak whatever other variable they want (ordering of transactions, timestamp up to a point etc).', '1d0z4db']]], ['u/Agreeable-Bike-3782', 'Annoying Adverts during BTCC coverage', 22, '2024-05-26 15:01', 'https://www.reddit.com/r/btcc/comments/1d10uyk/annoying_adverts_during_btcc_coverage/', "I'll start.\nThe plank that's won an R8. 🙈", 'https://www.reddit.com/r/btcc/comments/1d10uyk/annoying_adverts_during_btcc_coverage/', '1d10uyk', [['u/Salty-Win8602', 12, '2024-05-26 15:05', 'https://www.reddit.com/r/btcc/comments/1d10uyk/annoying_adverts_during_btcc_coverage/l5qn0dp/', "Guess what I've just won an audayyyyyy", '1d10uyk'], ['u/JBounce369', 35, '2024-05-26 15:11', 'https://www.reddit.com/r/btcc/comments/1d10uyk/annoying_adverts_during_btcc_coverage/l5qnsgb/', 'That hedge trimmer advert that seemed to go on for an hour', '1d10uyk'], ['u/danrah', 14, '2024-05-26 15:27', 'https://www.reddit.com/r/btcc/comments/1d10uyk/annoying_adverts_during_btcc_coverage/l5qpz36/', 'Apparently everyone that watches the BTCC is over 50, ive never seen such targeted adverts. They have even dummed down the fake London/chav accent on the 7 days performance advert to appeal to the oldies.', '1d10uyk'], ['u/BumblingOnwards', 12, '2024-05-26 15:35', 'https://www.reddit.com/r/btcc/comments/1d10uyk/annoying_adverts_during_btcc_coverage/l5qr078/', 'I’m sat indoors on a Sunday afternoon watching 5 hours of motorsport - what makes them think I give a toss about my hedges?!', '1d10uyk']]], ['u/Nohoula', 'What will be the primary cause of mass Bitcoin adoption?', 12, '2024-05-26 16:27', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/', 'Imagine going grocery shopping and you have a credit card price and a Bitcoin price. So for example your groceries will cost you $209.54 if you pay with a card or $201.54 if you pay with bitcoin. It will be the lower transaction fees that push bitcoin to the next level. ', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/', '1d12jyr', [['u/coojw', 21, '2024-05-26 16:31', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/l5qyy05/', 'Necessity. Supply & Demand', '1d12jyr'], ['u/Zombie4141', 14, '2024-05-26 16:37', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/l5qzvba/', 'I think the primary cause of mass adoption will be the slow game. Over time more and more people realize that their fiat isn’t buying what it used to while Bitcoin buys more. \n\nPeople will buy bitcoin at the price they deserve.', '1d12jyr'], ['u/Appropriate-Talk-735', 29, '2024-05-26 16:37', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/l5qzvwg/', 'Inflation.', '1d12jyr'], ['u/RainMakerJMR', 10, '2024-05-26 16:39', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/l5r05ow/', 'It’ll be central governments using it to send money to each other, instead of gold at the federal reserve. That’s what really makes it go into massive numbers. That’s a long ways away, but that’s the endgame. When it’s the new world currency, above gold or dollars.', '1d12jyr'], ['u/OffThread', 10, '2024-05-26 16:42', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/l5r0kjt/', "Mass adoption is currently occuring, it's just not what you're envisioning. Bitcoin isn't for daily transactions, it's for wealth storage. They're getting locked away in ETFs faster than they can be mined.", '1d12jyr'], ['u/DapiferDenego6110', 10, '2024-05-26 17:03', 'https://www.reddit.com/r/Bitcoin/comments/1d12jyr/what_will_be_the_primary_cause_of_mass_bitcoin/l5r3w06/', 'Lower fees will definitely drive adoption, merchants will want to pass the savings', '1d12jyr']]], ['u/DistinctPriority1909', 'Can bitcoin really go to the moon anymore? ', 266, '2024-05-26 17:00', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/', 'I’m extremely bullish on bitcoin right now, and I believe it will take off very soon, but I struggle to think about what would happen if it 10x or something like that now. All these huge companies buying up billions of dollars of bitcoin will be the richest companies in the world, and prehistoric wallets containing thousands of bitcoins will turn their long lost owners into billionaires, and that would be literally world changing. I’ve looked into the concept of diminishing returns but have also seen time and time again how sharply bitcoin could rise. Does anyone else share this sentiment? \n', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/', '1d1389b', [['u/cryptonatix', 32, '2024-05-26 17:05', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r44r4/', 'Yes it will go to the moon. Infinity divided by 21 million!! 💎👋', '1d1389b'], ['u/RizzoStaxx', 395, '2024-05-26 17:07', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r4jv4/', 'Institutions countries and some of the wealthiest people alive are buying bitcoin at 68k. 3 years ago this wasn’t true but bitcoin was trading at 68k. I know several people who have been orange pilled this past year and It’s a good bet to say once you go orange you can’t go back to green. Bitcoin cannot did and is stronger than ever. We’re very due for some of the most eye opening price discovery ever.', '1d1389b'], ['u/saucedonkey', 15, '2024-05-26 17:11', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r52lm/', 'Does math still math?', '1d1389b'], ['u/Ok_Independent_769', 35, '2024-05-26 17:18', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r686k/', 'Diminishing returns was valid until etfs. Now it can go exponential again', '1d1389b'], ['u/_DANGR_', 42, '2024-05-26 17:20', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r6jqz/', "It's always hard to imagine a paradigm shift. But a change in history has to start somewhere.", '1d1389b'], ['u/rollingHack3r', 91, '2024-05-26 17:23', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r6xy2/', 'With S curve adoption comes exponential growth until 50% adoption. Right now we’re at what, 4-5%?', '1d1389b'], ['u/thinkingperson', 19, '2024-05-26 17:24', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r75lm/', '10x ? That will bring the price to close to 700k.\n\nMaybe one day, but not this year for sure. \n\nRmb that 1 to 10 is 10x.\n\nThat is 1 + 9.\n\n10 to 100 is also 10x but is 10 + 90.\n\n70k to 700k is also 10x but is 70k + 630k.\n\nWill take waaaaay lot more to 10x now compare to the last few bull run in terms of absolute numbers.', '1d1389b'], ['u/theprincessofwhales', 12, '2024-05-26 17:33', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r8jxu/', 'It’s a completely different type of monetary system though so we don’t have to shackle to current money problems and trends. \n\nIts revolutionary nature is also what makes “everyone” not talk about it. Without motivation to understand it, people take a glance while driving by and think wow, what’s weird and silly thing.', '1d1389b'], ['u/DistinctPriority1909', 14, '2024-05-26 17:34', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5r8opd/', 'That’s what I’m saying, 10x seems very unlikely, but looking at the history of bitcoin, it doesn’t seem that implausible', '1d1389b'], ['u/Romando1', 223, '2024-05-26 17:45', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5raffg/', 'OP -\nCome back to your post here in 5 years.', '1d1389b'], ['u/husqyCO', 15, '2024-05-26 17:46', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5raobp/', "Cost of living is already absurd. It's down right depressing actually. I'm 40 years old and what I've seen in the passed 20 years makes me mad. \n\nIncredible to me that shit really hasn't hit the fan. That dam will break soon though. People are completely disillusioned. Couple more final ingredients added to the mix and it's bedlam time", '1d1389b'], ['u/Sparta6762', 16, '2024-05-26 17:49', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5rb2g4/', "One day, when people start thinking in Sats instead of Bitcoin, one Sat will be worth one penny. That's a 14x jump from now (at $70k).", '1d1389b'], ['u/scabbymonkey', 80, '2024-05-26 17:50', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5rb91y/', 'I am 100% all in on bitcoin. Listening to Bitcoin podcast made me a full convert over the last two years.', '1d1389b'], ['u/Electrical_Fix_8745', 57, '2024-05-26 17:50', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5rb9hp/', 'Yes it can. Bitcoin has no top, because fiat has no bottom.', '1d1389b'], ['u/DistinctPriority1909', 66, '2024-05-26 17:51', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5rbf1x/', 'I hope we will all have the bag we desire by then', '1d1389b'], ['u/Romando1', 16, '2024-05-26 17:54', 'https://www.reddit.com/r/Bitcoin/comments/1d1389b/can_bitcoin_really_go_to_the_moon_anymore/l5rbx3g/', '1sat = 1 current USD is my goal. Lambos!!!', '1d1389b'], ['u/Mattya929', 23, '2024-05... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin (BTC)whales, large holders of the cryptocurrency, have resumed their buying spree after a pause following Bitcoin’s all-time high in March. Market intelligence firm CryptoQuantreporteda surge in the 30-day percentage change in whale address holdings, indicating a growing interest in accumulating Bitcoin at current price levels.\nIn March, whales had increased their BTC holdings by more than 9.8%. Although their accumulation continued into April, the rate of growth slowed to 4.2% by May 1, coinciding with a significant market dip that saw Bitcoin\'s price plummet over 20% to under $57,000. However, since hitting the market bottom, the accumulation rate has rebounded to 5.5% as of May 22, signaling renewed interest from whales. During the market dip in early May, whales reportedly acquired 47,000 BTC, as highlighted by CryptoQuant CEO Ki Young Ju.\nThe return of strong buying force among Bitcoin whales suggests that they perceive the current prices as favorable for purchasing and accumulating. Whales, defined as owners of Bitcoin addresses holding between 1,000 BTC and 10,000 BTC, excluding mining firms and crypto exchanges, tend to increase their buying activity during bull markets and reduce it during bearish phases.\nBitcoin\'s current price stands at $69,065, gaining 0.24% over the past 24 hours and 3.58% over the week. Notably, the amount of money invested by whales in Bitcoin has more than doubled from $57 billion to $122 billion since the beginning of the year, based on the observed "realized cap" of whale coins. The realized cap considers the total value of coins owned by whales at the time of purchase, rather than their current market value.', 'Bitcoin (BTC)whales, large holders of the cryptocurrency, have resumed their buying spree after a pause following Bitcoin’s all-time high in March. Market intelligence firm CryptoQuantreporteda surge in the 30-day percentage change in whale address holdings, indicating a growing interest in accumulating Bitcoin at current price levels.\nIn March, whales had increased their BTC holdings by more than 9.8%. Although their accumulation continued into April, the rate of growth slowed to 4.2% by May 1, coinciding with a significant market dip that saw Bitcoin\'s price plummet over 20% to under $57,000. However, since hitting the market bottom, the accumulation rate has rebounded to 5.5% as of May 22, signaling renewed interest from whales. During the market dip in early May, whales reportedly acquired 47,000 BTC, as highlighted by CryptoQuant CEO Ki Young Ju.\nThe return of strong buying force among Bitcoin whales suggests that they perceive the current prices as favorable for purchasing and accumulating. Whales, defined as owners of Bitcoin addresses holding between 1,000 BTC and 10,000 BTC, excluding mining firms and crypto exchanges, tend to increase their buying activity during bull markets and reduce it during bearish phases.\nBitcoin\'s current price stands at $69,065, gaining 0.24% over the past 24 hours and 3.58% over the week. Notably, the amount of money invested by whales in Bitcoin has more than doubled from $57 billion to $122 billion since the beginning of the year, based on the observed "realized cap" of whale coins. The realized cap considers the total value of coins owned by whales at the time of purchase, rather than their current market value.', "Standard Chartered, one of the leading global banks, has predicted that Solana and XRP will soon receive their own exchange-traded funds (ETFs) for digital assets. This statement comes in the wake of the U.S. Securities and Exchange Commission's (SEC) approval of eight spot Ethereum ETFs, allowing traditional investors to purchase shares tracking the price of the second-largest cryptocurrency. The SEC's decision marks a significant milestone and follows the approval of spot Bitcoin ETFs earlier this year.\nGeoffrey Kendrick, head of crypto research and emerging market foreign currencies at Standard Chartered, believes it's only a matter of time before other major digital coins also receive ETF status. While he expects this development to occur in 2025 rather than 2024, Kendrick emphasizes the potential forSolana (SOL)andXRPto gain the ETF wrapper status.\nThe approval of Ethereum ETFs surprised many industry observers and analysts, as the SEC had shown little engagement with asset managers seeking to launch these funds. However, fund managers adjusted their paperwork to expedite the process, leading to the SEC granting approval. This decision is unexpected given the SEC's previous crackdown on the crypto industry and allegations that Ethereum should be classified as a security rather than a commodity.\nKendrick further explained that coins similar to Ethereum, including XRP, are likely not considered securities by the SEC due to their core technological similarities. The SEC previously claimed that certain coins, including XRP, constituted securities. However, a 2023 court ruling determined that programmatic sales of XRP to retail investors did not qualify as securities.", 'Celebrity and influencer X accounts on social media platforms have fallen victim to a recent wave of hacks, with hackers promoting various cryptocurrencies and memecoins. One notable figure who confirmed their X account being hacked is Gigantic-Cassocked-Rebirth (GCR), a popular pseudonymous crypto investor known for their contrarian trades.\nOn May 26, GCR\'s compromised X account, which has over 247,900 followers,promotedORDI and Luna2.0, resulting in momentary price surges of 6% and 274% respectively. The GCR hack might be part of a broader attack on celebrity X accounts, according to the community. Bitcoin developer Udi Wertheimer revealed that GCR had mentioned an ongoing operation targeting prominent Twitter accounts. With niche celebrities launching meme coins and platform engineers being away during long weekends, caution is advised.\nAmerican rapper Rich The Kid\'s X account shared a link for his 2.3 million followers to purchase the new token "RICH," launched on the Solana-based memecoin creator tool pump.fun. Within two hours of its launch, RICH already amassed a market cap of $90,000. While no official confirmation of a hack has been made concerning Rich The Kid\'s account, the post promoting the token has been removed.\nAround the same time, the X account of American media personality Caitlyn Jenner promoted the memecoin "JENNER," which has gained a market cap of $4.7 million since its launch. The posts promoting JENNER appeared more convincing, as they featured videos of Jenner assuring followers of the authenticity of the crypto token.', 'Investing.com -- A few days after Donald Trump\'s presidential campaign announced it would start accepting crypto donations, the former President made his most explicit endorsement of cryptocurrency to date.\nIn a post on Truth Social shared shortly before his scheduled appearance at the Libertarian National Convention, the leading 2024 Republican candidate wrote: "I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field."\nTrump asserted his support in his familiar capitalized letters. "There is no second place," he added, contrasting his stance with President Biden\'s, whom he accused of wanting the crypto industry to "die a slow and painful death."\nThe announcement highlights Trump\'s message that he\'s a crypto-friendly candidate and targets a core group of young male voters who are getting into digital assets. This came as Trump\'s defense team rested in his hush money case in New York.\nMoreover, Trump\'s campaign has set up a fundraising page that lets eligible donors contribute to its political committees using any cryptocurrency supported by the Coinbase (NASDAQ:COIN) exchange, in an effort to create a "crypto army" in the run-up to Election Day.\nTrump\'s latest comments indicate a major change from his earlier doubts about cryptocurrencies. In a 2021 interview with Fox Business, Trump stated, "The currency of this world should be the dollar. And I don\'t think we should have all of the Bitcoins of the world out there. I think they should regulate them very, very high."\nHowever, Trump\'s views on crypto appear to have evolved, especially following the success of his Trump-branded NFT trading cards. These NFTs, including the "Mugshot Edition NFTs," offered holders unique perks such as the chance to dine with Trump after a trial date.\nTrump\'s comments also come just before his speech at the Libertarian National Convention, where he needs to draw voters away from third-party candidate Robert F. Kennedy Jr., who is known for his pro-crypto and anti-regulation views.\nRelated Articles\nTrump tweets support for crypto ahead of Libertarian convention speech\nApu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support\nHashKey Global Launchpool, the world\'s first regulated platform for pledge to earn new tokens, is now live', 'Investing.com-- Bitcoin was little changed on Monday as concerns over high interest rates persisted ahead of key U.S. inflation data due later this week, while Ether saw an extended rally on progress towards a spot exchange-traded fund.\nBroader crypto prices were also largely subdued, as traders remained biased towards the dollar amid waning optimism over interest rate cuts by the Federal Reserve this year.\nBitcoin was down 1.2% in the past 24 hours to $68,354.5 by 07:49 ET (11:49 GMT), remaining within a trading range established over the past two months.\nBut world no. 2 token Ether was trading near two month highs, up 2.2% to $3,897.5.\nThe world’s second-largest crypto token saw a major boost over the weekend after the Securities and Exchange Commission approved applications from several major exchanges for the listing of ETFs that directly track the price of Ether.\nThe approval now opens the door for the SEC to engage with fund operators including VanEck, ARK Investment Management and seven other issuers who have applied to list their spot Ether ETFs.\nAnalysts expect the approval of spot ETFs to trigger a sharp rally in Ether, similar to one seen in Bitcoin after the approval of spot Bitcoin ETFs earlier this year.\nBut Bitcoin has largely tread water in recent months after initial enthusiasm over the ETFs ran dry. Capital flows into Bitcoin ETFs were also seen stagnating in recent weeks.\nFears of high for longer U.S. interest rates were a key point of pressure on crypto markets in recent weeks, especially after a string of Federal Reserve officials warned that sticky inflation will delay any plans to cut rates.\nThis notion kept price moves in altcoins largely muted with XRP moving lower while SOL pushed higher.\nMeme token DOGE shed 1.6% while SHIB was up around 3%.\nFocus this week is squarely onPCE price indexdata- the Fed’s preferred inflation gauge.\nThe reading is widely expected to factor into expectations for interest rates.\nStill, traders were seen largely pricing out bets on a rate cut in September, according to the CME Fedwatch tool.\nRelated Articles\nBitcoin price today: hovers around $68k, Ether gains on spot ETF progress\nTrump tweets support for crypto ahead of Libertarian convention speech\nApu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support', 'Investing.com-- Bitcoin was little changed on Monday as concerns over high interest rates persisted ahead of key U.S. inflation data due later this week, while Ether saw an extended rally on progress towards a spot exchange-traded fund.\nBroader crypto prices were also largely subdued, as traders remained biased towards the dollar amid waning optimism over interest rate cuts by the Federal Reserve this year.\nBitcoin was down 1.2% in the past 24 hours to $68,354.5 by 07:49 ET (11:49 GMT), remaining within a trading range established over the past two months.\nBut world no. 2 token Ether was trading near two month highs, up 2.2% to $3,897.5.\nThe world’s second-largest crypto token saw a major boost over the weekend after the Securities and Exchange Commission approved applications from several major exchanges for the listing of ETFs that directly track the price of Ether.\nThe approval now opens the door for the SEC to engage with fund operators including VanEck, ARK Investment Management and seven other issuers who have applied to list their spot Ether ETFs.\nAnalysts expect the approval of spot ETFs to trigger a sharp rally in Ether, similar to one seen in Bitcoin after the approval of spot Bitcoin ETFs earlier this year.\nBut Bitcoin has largely tread water in recent months after initial enthusiasm over the ETFs ran dry. Capital flows into Bitcoin ETFs were also seen stagnating in recent weeks.\nFears of high for longer U.S. interest rates were a key point of pressure on crypto markets in recent weeks, especially after a string of Federal Reserve officials warned that sticky inflation will delay any plans to cut rates.\nThis notion kept price moves in altcoins largely muted with XRP moving lower while SOL pushed higher.\nMeme token DOGE shed 1.6% while SHIB was up around 3%.\nFocus this week is squarely onPCE price indexdata- the Fed’s preferred inflation gauge.\nThe reading is widely expected to factor into expectations for interest rates.\nStill, traders were seen largely pricing out bets on a rate cut in September, according to the CME Fedwatch tool.\nRelated Articles\nBitcoin price today: hovers around $68k, Ether gains on spot ETF progress\nTrump tweets support for crypto ahead of Libertarian convention speech\nApu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support', 'It\'s fair to say that, until recently, the much-anticipatedBitcoin(CRYPTO: BTC)halving had largely been underwhelming. At the time of the halving on April 19 -- when Bitcoin mining rewards were cut in half -- Bitcoin was trading near $64,000. For much of the next month, Bitcoin traded down or sideways, even dipping below the $57,000 level.\nBut it\'s too early to give up on thehalving\'spotential to juice Bitcoin\'s price. After all, most halving cycles last anywhere from 12 to 18 months, and there\'s still plenty of time for the halving effects to kick in. So, what can we expect from this halving in the months ahead, and just how much higher can Bitcoin go?\nThe biggest reason for optimism is Bitcoin\'s price performance after the previous halving events that took place in 2012, 2016, and 2020. In each case, Bitcoin skyrocketed to a much higher price, setting a new all-time high in the process. By the time the 2020 halving cycle was over, Bitcoin had soared to a then-all-time high of $69,000.\n[{"Halving Event": "2012", "Bitcoin Price at Halving": "Near $12", "Bitcoin Price300 Days Later": "$135"}, {"Halving Event": "2016", "Bitcoin Price at Halving": "Near $650", "Bitcoin Price300 Days Later": "Near $1,550"}, {"Halving Event": "2020", "Bitcoin Price at Halving": "Near $8,600", "Bitcoin Price300 Days Later": "Over $50,000"}, {"Halving Event": "2024", "Bitcoin Price at Halving": "Near $64,000", "Bitcoin Price300 Days Later": "???"}]\nOf course, past performance is no guarantee of future performance. But it\'s easy to see why so many analysts were expecting huge price gains for Bitcoin this year. Prior to the 2024 halving, there had been three halvings, and each one brought huge, outsized gains for Bitcoin.\nA number of reasons have been offered as to why Bitcoin price gains have been so underwhelming since the recent halving. One potential explanation is that market participants had already priced in the effect of the halving. This makes a lot of sense if you believe in theefficient market hypothesis. Investors have known the date of the halving for four years, so they had plenty of advance notice.\nAnother explanation involves the new spot Bitcoin exchange-traded funds (ETFs). The introduction of these ETFs in January sped up the timeline for Bitcoin price appreciation. Bitcoin typically hits a new all-time high after the halving. This time, Bitcoin hit a new all-time high in mid-March, nearly one month prior to the halving. From this perspective, Bitcoin simply peaked too early due to the huge influx of new investor money at the start of the year.\nThus, if you were hoping to become an overnight Bitcoin millionaire as a result of the halving, you\'ll need to readjust your expectations. These things take time. And in the case of the Bitcoin halving, it could take as long as one year to see the full impact. Take a closer look at the phenomenal returns attributed to the first three Bitcoin halving cycles. It required 300 days or more to generate those eye-popping results.\nIt\'s encouraging that some Wall Street analysts are actually doubling down on their earlier price forecasts for Bitcoin. Investment firm Bernstein, for example, still thinks Bitcoin will hit $150,000 by the end of next year.\xa0That implies a more than doubling from Bitcoin\'s current price of $70,000.\xa0And Cathie Wood of Ark Invest now believes Bitcoin will hit a price of $1 million sometime before 2030, primarily due to the phenomenal success of the new spot Bitcoin ETFs.\nWhen you dig into the numbers Wood used to make her original $1 million price forecast, you can get a much better grasp of just how well Bitcoin needs to perform after the halving. In a bull case scenario, she assumed 75% annualized returns for Bitcoin, which led to an ultimate price of $1.48 million by 2030. In a bear case scenario, she assumed 40% annualized returns for Bitcoin, which led to a price of $258,000.\nThose assumptions might sound incredibly high, but they largely align with Bitcoin\'s previous price performance. From 2011 to 2021, for example, Bitcoin delivered annualized returns of 230%.\xa0In 2023, Bitcoin soared in value by more than 150%. And thus far this year, Bitcoin is already up 65%.\xa0So, who says Bitcoin can\'t deliver annual returns of 75% or higher?\nYes, it will take a lot for the ultimate Bitcoin millionaire-maker scenario to happen, but it\'s not out of the range of possibilities.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: The Bitcoin Halving Could Be a Millionaire Makerwas originally published by The Motley Fool', 'It\'s fair to say that, until recently, the much-anticipatedBitcoin(CRYPTO: BTC)halving had largely been underwhelming. At the time of the halving on April 19 -- when Bitcoin mining rewards were cut in half -- Bitcoin was trading near $64,000. For much of the next month, Bitcoin traded down or sideways, even dipping below the $57,000 level.\nBut it\'s too early to give up on thehalving\'spotential to juice Bitcoin\'s price. After all, most halving cycles last anywhere from 12 to 18 months, and there\'s still plenty of time for the halving effects to kick in. So, what can we expect from this halving in the months ahead, and just how much higher can Bitcoin go?\nThe biggest reason for optimism is Bitcoin\'s price performance after the previous halving events that took place in 2012, 2016, and 2020. In each case, Bitcoin skyrocketed to a much higher price, setting a new all-time high in the process. By the time the 2020 halving cycle was over, Bitcoin had soared to a then-all-time high of $69,000.\n[{"Halving Event": "2012", "Bitcoin Price at Halving": "Near $12", "Bitcoin Price300 Days Later": "$135"}, {"Halving Event": "2016", "Bitcoin Price at Halving": "Near $650", "Bitcoin Price300 Days Later": "Near $1,550"}, {"Halving Event": "2020", "Bitcoin Price at Halving": "Near $8,600", "Bitcoin Price300 Days Later": "Over $50,000"}, {"Halving Event": "2024", "Bitcoin Price at Halving": "Near $64,000", "Bitcoin Price300 Days Later": "???"}]\nOf course, past performance is no guarantee of future performance. But it\'s easy to see why so many analysts were expecting huge price gains for Bitcoin this year. Prior to the 2024 halving, there had been three halvings, and each one brought huge, outsized gains for Bitcoin.\nA number of reasons have been offered as to why Bitcoin price gains have been so underwhelming since the recent halving. One potential explanation is that market participants had already priced in the effect of the halving. This makes a lot of sense if you believe in theefficient market hypothesis. Investors have known the date of the halving for four years, so they had plenty of advance notice.\nAnother explanation involves the new spot Bitcoin exchange-traded funds (ETFs). The introduction of these ETFs in January sped up the timeline for Bitcoin price appreciation. Bitcoin typically hits a new all-time high after the halving. This time, Bitcoin hit a new all-time high in mid-March, nearly one month prior to the halving. From this perspective, Bitcoin simply peaked too early due to the huge influx of new investor money at the start of the year.\nThus, if you were hoping to become an overnight Bitcoin millionaire as a result of the halving, you\'ll need to readjust your expectations. These things take time. And in the case of the Bitcoin halving, it could take as long as one year to see the full impact. Take a closer look at the phenomenal returns attributed to the first three Bitcoin halving cycles. It required 300 days or more to generate those eye-popping results.\nIt\'s encouraging that some Wall Street analysts are actually doubling down on their earlier price forecasts for Bitcoin. Investment firm Bernstein, for example, still thinks Bitcoin will hit $150,000 by the end of next year.\xa0That implies a more than doubling from Bitcoin\'s current price of $70,000.\xa0And Cathie Wood of Ark Invest now believes Bitcoin will hit a price of $1 million sometime before 2030, primarily due to the phenomenal success of the new spot Bitcoin ETFs.\nWhen you dig into the numbers Wood used to make her original $1 million price forecast, you can get a much better grasp of just how well Bitcoin needs to perform after the halving. In a bull case scenario, she assumed 75% annualized returns for Bitcoin, which led to an ultimate price of $1.48 million by 2030. In a bear case scenario, she assumed 40% annualized returns for Bitcoin, which led to a price of $258,000.\nThose assumptions might sound incredibly high, but they largely align with Bitcoin\'s previous price performance. From 2011 to 2021, for example, Bitcoin delivered annualized returns of 230%.\xa0In 2023, Bitcoin soared in value by more than 150%. And thus far this year, Bitcoin is already up 65%.\xa0So, who says Bitcoin can\'t deliver annual returns of 75% or higher?\nYes, it will take a lot for the ultimate Bitcoin millionaire-maker scenario to happen, but it\'s not out of the range of possibilities.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nPrediction: The Bitcoin Halving Could Be a Millionaire Makerwas originally published by The Motley Fool', "New York City, NY, May 27, 2024 (GLOBE NEWSWIRE) --\nThe cryptocurrency market is constantly evolving, with significant developments influencing investor sentiment and market dynamics. Recently, Bitcoin has faced potential price risks, Ethereum has generated buzz with ETF speculations, andFurrever Tokenis nearing the end of its successful $1.2 million presale. Here's an in-depth look at these key events and their potential impacts on the market.\nBitcoin Faces Price Drop Risks\nBitcoin (BTC), the leading cryptocurrency by market capitalization, is currently experiencing potential price risks that have raised concerns among investors. A significant factor contributing to these fears is the activity of long-term holders. According to a recent analysis by analysts, these holders, who have amassed significant quantities of Bitcoin over time, are showing signs of profit-taking. This behavior often precedes a price drop, as large sell-offs can create downward pressure on Bitcoin's price.\nThe data suggests that long-term holders have been moving their BTC to exchanges, indicating a potential intent to sell. This trend, if it continues, could lead to increased volatility and a further decline in Bitcoin's price. Additionally, macroeconomic factors, such as regulatory developments and changes in investor sentiment, are also playing a role in the current market dynamics.\nDespite these concerns, Bitcoin's long-term fundamentals remain strong. Institutional adoption is growing, with major companies and financial institutions recognizing Bitcoin's potential as a store of value and a hedge against inflation. The integration of Bitcoin into traditional financial systems and its increasing acceptance as a legitimate asset class provides a solid foundation for its future growth.\nEthereum ETF Hopes Stir Optimism\nEthereum (ETH), the second-largest cryptocurrency by market capitalization, has generated significant buzz with the potential approval of a spot Ethereum Exchange-Traded Fund (ETF). This development could mark a pivotal moment for Ethereum and the broader cryptocurrency market. A recent report by a trusted source highlights that industry experts, including Michael Saylor of MicroStrategy, believe that a spot Ethereum ETF could be beneficial for the entire crypto market, including Bitcoin.\nThe approval of a spot Ethereum ETF would provide institutional investors with a regulated and easily accessible vehicle to gain exposure to Ethereum. This could lead to increased demand and potentially drive up the price of ETH. Furthermore, an Ethereum ETF would signify a broader acceptance of cryptocurrencies by traditional financial markets, paving the way for further innovation and adoption.\nThe U.S. Securities and Exchange Commission (SEC) has been cautious in its approach to approving cryptocurrency ETFs, citing concerns about market manipulation and investor protection. However, the growing interest from institutional investors and the increasing pressure from the crypto industry could eventually lead to a favorable decision.\nThe anticipation of an Ethereum ETF has already had a positive impact on market sentiment. Investors are hopeful that this development will bring more legitimacy to Ethereum and attract a new wave of capital into the market. As the industry awaits the SEC's decision, the potential approval of a spot Ethereum ETF remains a key factor to watch.\nFurrever Token’s $1.2 Million Presale Nears to an End\nWhile Bitcoin and Ethereum navigate their respective challenges and opportunities,Furrever Token (FURR)is making waves with its unique approach to the crypto market. Furrever Token aims to create a heartwarming ecosystem centered around adorable cat imagery, offering a refreshing contrast to the often serious and technical world of blockchain projects.\nThe Furrever Token presale has been a resounding success, raising over $1.2 million as it nears its end. This achievement highlights the strong interest and support from the crypto community. Built on the BNB-20 blockchain, Furrever Token has a total supply of around 9 billion tokens. Of these, 65% are available during the presale, 25% are allocated for decentralized exchanges (DEXs), and 10% are reserved for the team, with a one-year lock on these tokens.\nFurrever Token's appeal lies in its blend of fun and innovation. The project integrates cute cat-themed stickers, emojis, and visuals, transforming everyday interactions into delightful experiences. Community engagement is a cornerstone of the Furrever ecosystem, with regular challenges and events that encourage users to share their love for cuteness. Future surprises, featuring exclusive cat content, are also planned to keep the community engaged and entertained.\nSecurity and compliance are paramount for Furrever Token. The project’s smart contract has been audited by Securi Lab, ensuring a secure and reliable platform for users. The team, while not doxxed, has shown commitment to the project's longevity by locking their tokens for a year. The organic growth of the Furrever Token community, with nearly 4,000 active members on Telegram, further underscores its legitimacy and potential.\nAs the presale nears its end, now is the ideal time to invest in Furrever Token. The combination of a strong community, innovative approach, high return rates, and robust tokenomics makes Furrever Token a standout option for those looking to capitalize on emerging trends in the cryptocurrency market. With its unique blend of cuteness and substantial growth potential, Furrever Token presents a compelling investment opportunity.\nIn conclusion, while Bitcoin faces price risks and Ethereum generates optimism with ETF speculations, Furrever Token's successful presale and engaging community offer a unique and promising investment avenue. The dynamic nature of the cryptocurrency market continues to offer opportunities for those willing to explore beyond the mainstream and invest in projects with distinctive value propositions.Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", "New York City, NY, May 27, 2024 (GLOBE NEWSWIRE) --\nThe cryptocurrency market is constantly evolving, with significant developments influencing investor sentiment and market dynamics. Recently, Bitcoin has faced potential price risks, Ethereum has generated buzz with ETF speculations, andFurrever Tokenis nearing the end of its successful $1.2 million presale. Here's an in-depth look at these key events and their potential impacts on the market.\nBitcoin Faces Price Drop Risks\nBitcoin (BTC), the leading cryptocurrency by market capitalization, is currently experiencing potential price risks that have raised concerns among investors. A significant factor contributing to these fears is the activity of long-term holders. According to a recent analysis by analysts, these holders, who have amassed significant quantities of Bitcoin over time, are showing signs of profit-taking. This behavior often precedes a price drop, as large sell-offs can create downward pressure on Bitcoin's price.\nThe data suggests that long-term holders have been moving their BTC to exchanges, indicating a potential intent to sell. This trend, if it continues, could lead to increased volatility and a further decline in Bitcoin's price. Additionally, macroeconomic factors, such as regulatory developments and changes in investor sentiment, are also playing a role in the current market dynamics.\nDespite these concerns, Bitcoin's long-term fundamentals remain strong. Institutional adoption is growing, with major companies and financial institutions recognizing Bitcoin's potential as a store of value and a hedge against inflation. The integration of Bitcoin into traditional financial systems and its increasing acceptance as a legitimate asset class provides a solid foundation for its future growth.\nEthereum ETF Hopes Stir Optimism\nEthereum (ETH), the second-largest cryptocurrency by market capitalization, has generated significant buzz with the potential approval of a spot Ethereum Exchange-Traded Fund (ETF). This development could mark a pivotal moment for Ethereum and the broader cryptocurrency market. A recent report by a trusted source highlights that industry experts, including Michael Saylor of MicroStrategy, believe that a spot Ethereum ETF could be beneficial for the entire crypto market, including Bitcoin.\nThe approval of a spot Ethereum ETF would provide institutional investors with a regulated and easily accessible vehicle to gain exposure to Ethereum. This could lead to increased demand and potentially drive up the price of ETH. Furthermore, an Ethereum ETF would signify a broader acceptance of cryptocurrencies by traditional financial markets, paving the way for further innovation and adoption.\nThe U.S. Securities and Exchange Commission (SEC) has been cautious in its approach to approving cryptocurrency ETFs, citing concerns about market manipulation and investor protection. However, the growing interest from institutional investors and the increasing pressure from the crypto industry could eventually lead to a favorable decision.\nThe anticipation of an Ethereum ETF has already had a positive impact on market sentiment. Investors are hopeful that this development will bring more legitimacy to Ethereum and attract a new wave of capital into the market. As the industry awaits the SEC's decision, the potential approval of a spot Ethereum ETF remains a key factor to watch.\nFurrever Token’s $1.2 Million Presale Nears to an End\nWhile Bitcoin and Ethereum navigate their respective challenges and opportunities,Furrever Token (FURR)is making waves with its unique approach to the crypto market. Furrever Token aims to create a heartwarming ecosystem centered around adorable cat imagery, offering a refreshing contrast to the often serious and technical world of blockchain projects.\nThe Furrever Token presale has been a resounding success, raising over $1.2 million as it nears its end. This achievement highlights the strong interest and support from the crypto community. Built on the BNB-20 blockchain, Furrever Token has a total supply of around 9 billion tokens. Of these, 65% are available during the presale, 25% are allocated for decentralized exchanges (DEXs), and 10% are reserved for the team, with a one-year lock on these tokens.\nFurrever Token's appeal lies in its blend of fun and innovation. The project integrates cute cat-themed stickers, emojis, and visuals, transforming everyday interactions into delightful experiences. Community engagement is a cornerstone of the Furrever ecosystem, with regular challenges and events that encourage users to share their love for cuteness. Future surprises, featuring exclusive cat content, are also planned to keep the community engaged and entertained.\nSecurity and compliance are paramount for Furrever Token. The project’s smart contract has been audited by Securi Lab, ensuring a secure and reliable platform for users. The team, while not doxxed, has shown commitment to the project's longevity by locking their tokens for a year. The organic growth of the Furrever Token community, with nearly 4,000 active members on Telegram, further underscores its legitimacy and potential.\nAs the presale nears its end, now is the ideal time to invest in Furrever Token. The combination of a strong community, innovative approach, high return rates, and robust tokenomics makes Furrever Token a standout option for those looking to capitalize on emerging trends in the cryptocurrency market. With its unique blend of cuteness and substantial growth potential, Furrever Token presents a compelling investment opportunity.\nIn conclusion, while Bitcoin faces price risks and Ethereum generates optimism with ETF speculations, Furrever Token's successful presale and engaging community offer a unique and promising investment avenue. The dynamic nature of the cryptocurrency market continues to offer opportunities for those willing to explore beyond the mainstream and invest in projects with distinctive value propositions.Join Furrever Token Presale Now:Furrever Token Official WebsiteJoin $20,000 Furrever Token GiveawayJoin Official Telegram GroupFollow Official X Account\nMedia Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Robert Smith support at furrevertoken.com", 'Something interesting is happening in the crypto market right now. WhileBitcoin(CRYPTO: BTC)is up 65% for the year, somepopular meme coinsare popping by even greater percentages. So far in 2024,Dogecoin(CRYPTO: DOGE)is up 85%,Shiba Inu(CRYPTO: SHIB)is up 147%, and little-known meme coinPEPE(CRYPTO: PEPE)is up nearly 1,000%.\nIt\'s starting to feel a lot like 2021, when the crypto market experienced its last major bout of meme coin mania. While it might be tempting to invest in those skyrocketing coins, history suggests that longtime sector stalwarts likeBitcoinwill end up being better investments.\nThe primary problem with speculative meme coins is that they are built only for the short term. Yes, they can deliver dazzling returns over short periods, but when you zoom out and consider their performances over a longer horizon, the picture proves much less enticing.\nTake Dogecoin, for example. In 2021, it enjoyed spectacular success, rising from mere pennies to an all-time high of $0.74 in just a few months. But then, Dogecoin crashed back down to earth, and it now trades for just $0.17. In its nearly 10-year history, Dogecoin has never once broken through the $1 mark.\nCompare that performance to Bitcoin, which has been delivering triple-digit annualized returns for more than a decade. From 2011-2021, Bitcoin was the best-performing asset in the world, and it wasn\'t even close. Bitcoin delivered annualized returns of 230%, compared to about 20% for the tech-heavyNasdaq-100index. Yes, Bitcoin has had its down years, but over the long haul, it has delivered for investors.\nAnother factor in Bitcoin\'s favor is scarcity. The total number of Bitcoins that can ever exist is 21 million coins. Currently, 19.7 million of those have already been mined, and the rate at which new ones are mined was halved again just last month. This creates a real scarcity effect, especially now that large institutional investors are buying Bitcoin.\nWhen you compare Bitcoin\'s circulating coin supply to that of Shiba Inu, the contrast is particularly striking. Shiba Inu has a circulating coin supply of 589 trillion. This explains why it is highly unlikely to hit a $1 price, since that would give the meme coin a market cap of $589 trillion. By way of comparison, the current market cap of the entireS&P 500is approximately $44 trillion.\nAnd the story is much the same with other meme coins. The key to their early success was the release of a huge initial coin supply, often measured in the trillions of coins. This lifts them to multibillion-dollar market caps, even at absurdly low prices measured in tiny fractions of a cent. This strategy can give even a coin that has existed for only a few months a billion-dollar-plus market cap, making it look like a relatively safe investment. Pepe, for example, exploded out of nowhere to become a Top 25 crypto, largely based on its staggering 421 trillion coin supply.\nMaking matters even worse, it\'s now possible to create a new cryptocurrency in just a few minutes, and have it ready for trading in just a few more minutes. Crypto speculators are creating literally thousands of new coins daily. If one of them happens to attract some attention and hits it big, they stand to make a huge profit. And if it doesn\'t, well, they only wasted a few minutes of their time creating it. Thus, meme coins are no longer as "rare" as they once seemed to be just a few years ago, when Dogecoin and Shiba Inu reigned supreme.\nIn many ways, the current speculation around meme coins reminds me a lot of the 17th-century bubble known as Dutch Tulip Mania. This is largely regarded as the first speculative asset bubble of modern times, and has been brilliantly described in works such as Charles Mackay\'sExtraordinary Popular Delusions and the Madness of Crowds.\nFor a time, Dutch traders were willing to pay absurd amounts for particularly rare tulip bulbs -- a single one might command a price equivalent to the annual wages of 10 skilled laborers. But the story did not have a happy ending for the speculators. Eventually, it became impossible to find new buyers willing to pay more than the previous ones had, and the price of the bulbs swiftly collapsed.\nOf course, there have been skeptics who have suggested that Bitcoin might be a Dutch tulip bulb as well. They claim that the price of Bitcoin could eventually fall to zero, wiping out speculative crypto traders in the process.\nMaybe that\'s the case, but I doubt it. It has been more than a decade since people began making those assertions, and what has been the result? Bitcoin has become more valuable, not less valuable, over time. And that\'s because Bitcoin has more in common with a precious metal such as gold, due to its inherent scarcity. In fact, many crypto investors often refer to Bitcoin as "digital gold."\nThus, if you are thinking about buying meme coins right now, I have just a single piece of advice for you: Buy Bitcoin instead.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHistory Suggests Bitcoin Will Be a Better Long-Term Investment Than Little-Known Meme Coinswas originally published by The Motley Fool', 'Something interesting is happening in the crypto market right now. WhileBitcoin(CRYPTO: BTC)is up 65% for the year, somepopular meme coinsare popping by even greater percentages. So far in 2024,Dogecoin(CRYPTO: DOGE)is up 85%,Shiba Inu(CRYPTO: SHIB)is up 147%, and little-known meme coinPEPE(CRYPTO: PEPE)is up nearly 1,000%.\nIt\'s starting to feel a lot like 2021, when the crypto market experienced its last major bout of meme coin mania. While it might be tempting to invest in those skyrocketing coins, history suggests that longtime sector stalwarts likeBitcoinwill end up being better investments.\nThe primary problem with speculative meme coins is that they are built only for the short term. Yes, they can deliver dazzling returns over short periods, but when you zoom out and consider their performances over a longer horizon, the picture proves much less enticing.\nTake Dogecoin, for example. In 2021, it enjoyed spectacular success, rising from mere pennies to an all-time high of $0.74 in just a few months. But then, Dogecoin crashed back down to earth, and it now trades for just $0.17. In its nearly 10-year history, Dogecoin has never once broken through the $1 mark.\nCompare that performance to Bitcoin, which has been delivering triple-digit annualized returns for more than a decade. From 2011-2021, Bitcoin was the best-performing asset in the world, and it wasn\'t even close. Bitcoin delivered annualized returns of 230%, compared to about 20% for the tech-heavyNasdaq-100index. Yes, Bitcoin has had its down years, but over the long haul, it has delivered for investors.\nAnother factor in Bitcoin\'s favor is scarcity. The total number of Bitcoins that can ever exist is 21 million coins. Currently, 19.7 million of those have already been mined, and the rate at which new ones are mined was halved again just last month. This creates a real scarcity effect, especially now that large institutional investors are buying Bitcoin.\nWhen you compare Bitcoin\'s circulating coin supply to that of Shiba Inu, the contrast is particularly striking. Shiba Inu has a circulating coin supply of 589 trillion. This explains why it is highly unlikely to hit a $1 price, since that would give the meme coin a market cap of $589 trillion. By way of comparison, the current market cap of the entireS&P 500is approximately $44 trillion.\nAnd the story is much the same with other meme coins. The key to their early success was the release of a huge initial coin supply, often measured in the trillions of coins. This lifts them to multibillion-dollar market caps, even at absurdly low prices measured in tiny fractions of a cent. This strategy can give even a coin that has existed for only a few months a billion-dollar-plus market cap, making it look like a relatively safe investment. Pepe, for example, exploded out of nowhere to become a Top 25 crypto, largely based on its staggering 421 trillion coin supply.\nMaking matters even worse, it\'s now possible to create a new cryptocurrency in just a few minutes, and have it ready for trading in just a few more minutes. Crypto speculators are creating literally thousands of new coins daily. If one of them happens to attract some attention and hits it big, they stand to make a huge profit. And if it doesn\'t, well, they only wasted a few minutes of their time creating it. Thus, meme coins are no longer as "rare" as they once seemed to be just a few years ago, when Dogecoin and Shiba Inu reigned supreme.\nIn many ways, the current speculation around meme coins reminds me a lot of the 17th-century bubble known as Dutch Tulip Mania. This is largely regarded as the first speculative asset bubble of modern times, and has been brilliantly described in works such as Charles Mackay\'sExtraordinary Popular Delusions and the Madness of Crowds.\nFor a time, Dutch traders were willing to pay absurd amounts for particularly rare tulip bulbs -- a single one might command a price equivalent to the annual wages of 10 skilled laborers. But the story did not have a happy ending for the speculators. Eventually, it became impossible to find new buyers willing to pay more than the previous ones had, and the price of the bulbs swiftly collapsed.\nOf course, there have been skeptics who have suggested that Bitcoin might be a Dutch tulip bulb as well. They claim that the price of Bitcoin could eventually fall to zero, wiping out speculative crypto traders in the process.\nMaybe that\'s the case, but I doubt it. It has been more than a decade since people began making those assertions, and what has been the result? Bitcoin has become more valuable, not less valuable, over time. And that\'s because Bitcoin has more in common with a precious metal such as gold, due to its inherent scarcity. In fact, many crypto investors often refer to Bitcoin as "digital gold."\nThus, if you are thinking about buying meme coins right now, I have just a single piece of advice for you: Buy Bitcoin instead.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 13, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nHistory Suggests Bitcoin Will Be a Better Long-Term Investment Than Little-Known Meme Coinswas originally published by The Motley Fool', 'Tech stocksto buy are attracting att Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,366,028,750,906 - Hash Rate: 515938901.7236049 - Transaction Count: 551610.0 - Unique Addresses: 430424.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy, the world’s largest corporate Bitcoin holder, has unveiled MicroStrategy Orange, a decentralized identity protocol built on the Bitcoin blockchain. Announced at the Bitcoin for Conference by the company’s CEO Michael Saylor onWednesday, the platform aims to provide secure, tamper-proof digital identities without relying on additional blockchain layers, processing thousands of identifiers within a single Bitcoin transaction. MicroStrategy Orange capitalizes on the security features of the Bitcoin network, specifically using Ordinal-based inscriptions to store and manage DIDs. This approach offers a new level of security for enterprise systems. The company has already developed an application for email authentication and is looking to extend its technology to other platforms and industries. The protocol’s introduction at MicroStrategy’s conference in Las Vegas highlights the company’s commitment to leveraging Bitcoin’s capabilities beyond traditional financial uses. By utilizing a modified approach to inscriptions and Bitcoin’s SegWit feature, MicroStrategy Orange facilitates the creation and updating of documents with fewer size and content limitations.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin and ether exchange-traded notes (ETNs) have begun trading on the London Stock Exchange (LSE), opening the door to potentially make the UK the crypto hub of Europe, according to a 21Shares executive.\nETNs are traded and settled like regular shares and track the performance of underlying assets such as bitcoin or ether, similar to spot bitcoin exchange-traded funds (ETFs), which were approved by the US Securities and Exchange Commission (SEC) in January.\nYahoo Finance Future Focus spoke to Alex Pollak, head of UK for 21Shares, about the launch of bitcoin and ether ETN trading on the LSE, and what this could mean for the develop of the UK as a global crypto hub.\nRead more:What are bitcoin ETNs?\nPollak stated that by approving the listing of bitcoin and ether ETNs on the LSE, the UK\'s Financial Conduct Authority (FCA) is attempting to gradually open up the crypto market in the UK.\n"I think the fact that these products will now be available on the London Stock Exchange does show progress and I think within three years from now the UK will be home to the largest crypto exchange-traded fund market in Europe," Pollak added.\nHe said that in terms of significance, the listing of bitcoin and ether ETNs on the LSE represents a milestone in how UK investors can access crypto.\n"From a 21Shares perspective I would add that, as the world’s largest issuer of crypto-backed ETPs with more than 40 products listed on 11 Exchanges, we’re proud to be part of this historic moment as we make our bitcoin and ether products available to UK investors in both GBP and USD," Pollak added.\nHowever, the 21Shares executive stressed that Tuesday\'s bitcoin and ether ETN listing on the LSE will be for professional investors only. "But the game-changer in the UK will be when the retail ban is lifted, there is a retail ban on trading bitcoin and ether ETNs at the moment," he added.\nLast week, a spokesperson for CryptoUK said they are pleased to see that the FCA has approved the applications of some providers to list physically-backed bitcoin and ether (ETH-USD) exchange-traded products on the LSE.\nRead more:Crypto live prices\n"The move is a step in the right direction for the UK, its equity markets and the government’s aspiration to secure Britain as a global crypto-asset hub. We would, however, reiterate that we would like to see more crypto-related instruments available to both institutional and retail investors in the UK. The country risks falling behind US equity markets, which have seen a surge in interest for bitcoin ETFs," CryptoUK added.\nIn April 2022, then-chancellor and current UK prime minister Rishi Sunak announced a plan to make the country a "global crypto hub". However, since then, the UK has lagged behind other jurisdictions, becoming one of the last major markets to resist the trading of crypto-related securities, despite the government\'s efforts to position the country as a potential centre for digital asset markets.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe SECapproved the first US-listed ETFs to track bitcoin(BTC-USD) in January. A spot bitcoin ETF is similar to London\'s ETN products, and investors anticipate both types of financial products could open the gateway for mainstream capital to flood the crypto market.\nCurrently, indications of traditional finance interest in digital assets in the US seem favourable, with fund managers such as BlackRock (BLK) and Franklin Templeton (BEN) increasing their allocations into the bitcoin via ETFs.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', 'Bitcoin and ether exchange-traded notes (ETNs) have begun trading on the London Stock Exchange (LSE), opening the door to potentially make the UK the crypto hub of Europe, according to a 21Shares executive.\nETNs are traded and settled like regular shares and track the performance of underlying assets such as bitcoin or ether, similar to spot bitcoin exchange-traded funds (ETFs), which were approved by the US Securities and Exchange Commission (SEC) in January.\nYahoo Finance Future Focus spoke to Alex Pollak, head of UK for 21Shares, about the launch of bitcoin and ether ETN trading on the LSE, and what this could mean for the develop of the UK as a global crypto hub.\nRead more:What are bitcoin ETNs?\nPollak stated that by approving the listing of bitcoin and ether ETNs on the LSE, the UK\'s Financial Conduct Authority (FCA) is attempting to gradually open up the crypto market in the UK.\n"I think the fact that these products will now be available on the London Stock Exchange does show progress and I think within three years from now the UK will be home to the largest crypto exchange-traded fund market in Europe," Pollak added.\nHe said that in terms of significance, the listing of bitcoin and ether ETNs on the LSE represents a milestone in how UK investors can access crypto.\n"From a 21Shares perspective I would add that, as the world’s largest issuer of crypto-backed ETPs with more than 40 products listed on 11 Exchanges, we’re proud to be part of this historic moment as we make our bitcoin and ether products available to UK investors in both GBP and USD," Pollak added.\nHowever, the 21Shares executive stressed that Tuesday\'s bitcoin and ether ETN listing on the LSE will be for professional investors only. "But the game-changer in the UK will be when the retail ban is lifted, there is a retail ban on trading bitcoin and ether ETNs at the moment," he added.\nLast week, a spokesperson for CryptoUK said they are pleased to see that the FCA has approved the applications of some providers to list physically-backed bitcoin and ether (ETH-USD) exchange-traded products on the LSE.\nRead more:Crypto live prices\n"The move is a step in the right direction for the UK, its equity markets and the government’s aspiration to secure Britain as a global crypto-asset hub. We would, however, reiterate that we would like to see more crypto-related instruments available to both institutional and retail investors in the UK. The country risks falling behind US equity markets, which have seen a surge in interest for bitcoin ETFs," CryptoUK added.\nIn April 2022, then-chancellor and current UK prime minister Rishi Sunak announced a plan to make the country a "global crypto hub". However, since then, the UK has lagged behind other jurisdictions, becoming one of the last major markets to resist the trading of crypto-related securities, despite the government\'s efforts to position the country as a potential centre for digital asset markets.\nRead more:Bitcoin ETFs poised for US pension plan inflows, Standard Chartered analyst says\nThe SECapproved the first US-listed ETFs to track bitcoin(BTC-USD) in January. A spot bitcoin ETF is similar to London\'s ETN products, and investors anticipate both types of financial products could open the gateway for mainstream capital to flood the crypto market.\nCurrently, indications of traditional finance interest in digital assets in the US seem favourable, with fund managers such as BlackRock (BLK) and Franklin Templeton (BEN) increasing their allocations into the bitcoin via ETFs.\nWatch: What is a spot bitcoin ETF and why it has sparked a crypto rally? \| Future Focus\nDownload the Yahoo Finance app, available forAppleandAndroid.', "Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, with over 1 million BTC now held in custody by these investment vehicles designed to track the price performance of the cryptocurrency. According to data shared by Michael Saylor, the executive chairman of MicroStrategy, on Twitter, more than 30 Bitcoin ETFs collectively own 1,002,343 BTC as of May 24.\nThe majority of these Bitcoin holdings are held within the U.S. Bitcoin spot ETFs, which were launched in January. The largest funds, the Grayscale Bitcoin Trust and BlackRock's iShares Bitcoin Trust, each hold roughly half of the BTC, with 289,040 BTC and 287,168 BTC, respectively. Other significant Bitcoin ETFs include the Fidelity Wise Origin Bitcoin Trust (161,538 BTC), the Ark 21Shares Bitcoin ETF (48,444 BTC), and the Bitwise Bitcoin ETF (36,185 BTC). Internationally, Canada's Purpose Bitcoin ETF, the first to launch globally, holds 27,110 BTC and remains the largest Bitcoin ETF.\nThese holdings represent approximately 5% of the total circulating supply of Bitcoin worldwide, currently valued at $70.5 billion. Notably, the BTC held by ETFs is almost five times the size of Saylor's personal Bitcoin stash, which amounts to 214,400 BTC ($15 billion).\nBitcoin ETFs provide investors with exposure to Bitcoin through the familiar ETF structure, allowing them to include the asset alongside other securities within retirement or tax-advantaged accounts. These ETFs also enable large institutions to gain exposure to Bitcoin. First-quarter reporting data revealed that over 20% of exposure to U.S. spot Bitcoin ETFs was held by large investors and institutions with total assets exceeding $100 million. This includes hedge funds, banks, and even the state of Wisconsin's pension fund.", "Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, with over 1 million BTC now held in custody by these investment vehicles designed to track the price performance of the cryptocurrency. According to data shared by Michael Saylor, the executive chairman of MicroStrategy, on Twitter, more than 30 Bitcoin ETFs collectively own 1,002,343 BTC as of May 24.\nThe majority of these Bitcoin holdings are held within the U.S. Bitcoin spot ETFs, which were launched in January. The largest funds, the Grayscale Bitcoin Trust and BlackRock's iShares Bitcoin Trust, each hold roughly half of the BTC, with 289,040 BTC and 287,168 BTC, respectively. Other significant Bitcoin ETFs include the Fidelity Wise Origin Bitcoin Trust (161,538 BTC), the Ark 21Shares Bitcoin ETF (48,444 BTC), and the Bitwise Bitcoin ETF (36,185 BTC). Internationally, Canada's Purpose Bitcoin ETF, the first to launch globally, holds 27,110 BTC and remains the largest Bitcoin ETF.\nThese holdings represent approximately 5% of the total circulating supply of Bitcoin worldwide, currently valued at $70.5 billion. Notably, the BTC held by ETFs is almost five times the size of Saylor's personal Bitcoin stash, which amounts to 214,400 BTC ($15 billion).\nBitcoin ETFs provide investors with exposure to Bitcoin through the familiar ETF structure, allowing them to include the asset alongside other securities within retirement or tax-advantaged accounts. These ETFs also enable large institutions to gain exposure to Bitcoin. First-quarter reporting data revealed that over 20% of exposure to U.S. spot Bitcoin ETFs was held by large investors and institutions with total assets exceeding $100 million. This includes hedge funds, banks, and even the state of Wisconsin's pension fund.", "Market analysts predict that Ethereum is on the brink of a significant upward trajectory following the recent approval of spot Ethereum exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC). After facing delays and limited engagement, the top regulator in Wall Street gave the green light to a substantial number of asset managers seeking to offer Ethereum ETFs.\nIndustry observers like data firm Kaikoanticipatea further surge in value for the second-largest digital currency as a result of this development. While there may be some downward pressure on the price of ETH due to expected outflows from the Grayscale Ethereum Trust (ETHE), which has been trading at a discount for the past three months, the long-term prospects for Ethereum remain positive.\nKaiko draws its conclusion from the impact of Bitcoin ETFs following their approval in January. Investors who had invested in Grayscale's GBTC product immediately sought to cash out, leading to a short-term decline in Bitcoin's price. Kaiko suggests that a similar trend could occur with Ethereum ETFs, causing selling pressure on ETH due to outflows from Grayscale's ETHE.\nHowever, despite potential short-term challenges, Kaiko emphasizes that the regulatory approval of Ethereum ETFs has important implications for ETH as an asset. It removes some of the regulatory uncertainty that has affected Ethereum's performance over the past year. JPMorgan, the largest bank in America, expects the funds to begin trading before November.", "Investing.com -- The price of Bitcoin fell slightly on Tuesday, while a rally in no.2 token Ether cooled, as anticipation over key inflation data this week kept traders largely averse to assets like crypto that are perceived as riskier.\nHype over the approval of exchange-traded funds that directly track Ether also took a back seat while the Securities and Exchange Commission engages with fund managers over their applications to list such products.\nLast week, the SEC approved applications from major exchanges to list a spot Ether ETF, triggering a sharp rally in the token and broader crypto markets.\nBitcoin had fallen by 0.5% in the past 24 hours to $68,289.3 by 09:08 ET (13:08 GMT). Ether sank 0.4% to $3,899.26, retreating from two-month highs touched over the weekend.\nFears of higher-for-longer U.S. interest rates remained squarely in focus, especially ahead of the release of the monthlypersonal consumption expenditures (PCE) price indexon Friday.\nThe reading is the Federal Reserve’s preferred inflation gauge, and is likely to factor into the central bank’s outlook on rates.\nSentiment towards crypto and other risk-driven assets was dented by growing suspicions that the Fed is in no rush to bring rates down from more than two-decade highs. A string of officials from the central bank have recently flagged that they need to see more proof inflation is sustainably cooling toward their 2% target before rolling out any cuts.\nThe notion has kept Bitcoin comfortably within a trading range established over nearly three months, and has also limited bigger gains in Ether.\nHigh rates bode poorly for speculative assets such as crypto, given that they limit liquidity that can be invested in the space, and also push up the attractiveness of conventional, low-risk investments such as the U.S. dollar and Treasuries.\nAmbar Warrick contributed to this report.\nRelated Articles\nBitcoin price today: Bitcoin dips to $68k with key inflation data ahead this week\nORACLE MEME Coin Presale Achieves $208,000 Milestone in Minutes\nNexo integrates The Tie's analytics for retail investors", "Investing.com -- The price of Bitcoin fell slightly on Tuesday, while a rally in no.2 token Ether cooled, as anticipation over key inflation data this week kept traders largely averse to assets like crypto that are perceived as riskier.\nHype over the approval of exchange-traded funds that directly track Ether also took a back seat while the Securities and Exchange Commission engages with fund managers over their applications to list such products.\nLast week, the SEC approved applications from major exchanges to list a spot Ether ETF, triggering a sharp rally in the token and broader crypto markets.\nBitcoin had fallen by 0.5% in the past 24 hours to $68,289.3 by 09:08 ET (13:08 GMT). Ether sank 0.4% to $3,899.26, retreating from two-month highs touched over the weekend.\nFears of higher-for-longer U.S. interest rates remained squarely in focus, especially ahead of the release of the monthlypersonal consumption expenditures (PCE) price indexon Friday.\nThe reading is the Federal Reserve’s preferred inflation gauge, and is likely to factor into the central bank’s outlook on rates.\nSentiment towards crypto and other risk-driven assets was dented by growing suspicions that the Fed is in no rush to bring rates down from more than two-decade highs. A string of officials from the central bank have recently flagged that they need to see more proof inflation is sustainably cooling toward their 2% target before rolling out any cuts.\nThe notion has kept Bitcoin comfortably within a trading range established over nearly three months, and has also limited bigger gains in Ether.\nHigh rates bode poorly for speculative assets such as crypto, given that they limit liquidity that can be invested in the space, and also push up the attractiveness of conventional, low-risk investments such as the U.S. dollar and Treasuries.\nAmbar Warrick contributed to this report.\nRelated Articles\nBitcoin price today: Bitcoin dips to $68k with key inflation data ahead this week\nORACLE MEME Coin Presale Achieves $208,000 Milestone in Minutes\nNexo integrates The Tie's analytics for retail investors", 'The U.S. Securities and Exchange Commission (SEC) approved the first spot Ethereum (ETH) exchange-traded funds (ETFs) last week. Ethereum price has surged in the anticipation of this decision with crypto experts now saying that the bull run has just started.\nThe wave of positive regulatory news did not stop there as the House of Representatives passed its first crypto bill, and the UK gave the green light to crypto exchange-traded products.\nSigns that an approval was imminent appeared earlier in the week when several exchanges amended their filings to exclude staking.\nAccording to Kaiko Research’s latest analysis, the market had been gradually pricing out an ETF approval over the past month amid growing uncertainty around ETH\'s regulatory status.\n“With these approvals, the SEC implicitly stated that ETH (without staking) is a commodity rather than a security. This isn’t just about access to ETH but has significant and likely positive ramifications on how all similar tokens will be regulated in the U.S. with respect to trading, custody, transfer, etc.,” Kaiko Research added.\nETH implied volatility for the nearest expiry surged from less than 60% on May 20 to nearly 90% on May 22 before retreating by the end of the week. This dramatic shift in sentiment was also evident in derivatives markets.\nEthereum price hit a 2-month high on Monday as bulls try to break above the strong resistance zone that is surrounding the $4,000 level.\n“For a long time, Ethereum was cornered between narratives, often pursuing trends. We are finally seeing its relative market share catching up to its fundamentals. Bull runs are fueled by attention, inflows, and narratives, and Ethereum has been scoring points on all three fronts lately,” Kiril Nikolov, DeFi Strategist at Nexo, told Investing.com.\nNikolov anticipates “inflows will be at least proportional to the asset’s market cap in terms of size, or approximately 30-40% of those achieved by the spot Bitcoin ETFs in the U.S.”\n“As long as inflows outpace Grayscale outflows, the remainder of the year could be incredible for Ethereum.”\nA break above the 2024 high would open the door for a quick move towards the record high in ETH/USD, which was set in 2021. The next resistance zone is located near the $6,000 level.\nWithin just three days, ETH perpetual futures funding rates surged from their lowest level in over a year to a multi-month high. Open interest also reached an all-time high of $11 billion, suggesting strong capital inflows into the space.\nThe ETH to BTC ratio, measuring the two assets\' relative performance, surged from 0.044 to 0.055, though it remains below February highs. The rally was broad-based, with both U.S. and offshore spot markets seeing strong net buying since May 21. Offshore exchanges had been registering net selling until then.\nLooking ahead, the launch of ETH ETFs could bring selling pressure from likely outflows or redemptions due to Grayscale\'s ETHE, which has been trading at a discount between 6% and 26% over the past three months.\nETHE currently holds over $11 billion in assets under management, making it the largest ETH investment vehicle. During the first month of bitcoin ETF trading, GBTC saw outflows amounting to $6.5 billion, roughly 23% of its AUM as of launch day.\nShould a similar magnitude of outflows occur with ETHE, this would translate to $110 million in average daily outflows, or 30% of ETH\'s average daily volume on Coinbase (NASDAQ:COIN). However, GBTC\'s outflows were offset and surpassed by inflows from other BTC ETFs by the end of January.\n"The overall market impact of ETHE\'s redemptions is still uncertain, especially considering the lackluster launch of Hong Kong ETFs," Kaiko Research stated.\n"Additionally, ETH\'s market depth on centralized exchanges is about $226 million, still 42% below its pre-FTX average levels, and only 40% is concentrated on US exchanges compared to around 50% in early 2023."\nRelated Articles\nEthereum price forecast for 2024: Is ETH headed for a bull run?\nOasys coin is surging on Upbit listing, partnerships; Executive remains positive\nBitcoin price today: Bitcoin dips to $68k with key inflation data ahead this week', '• Over 140,000 BTC, worth around $9 billion, were transferred from Mt. Gox wallets to an unknown address in thirteen transactions, possibly as part of a plan to repay creditors by October 31, 2024.\n• The market reacted bearishly to these movements, with Bitcoin dropping by 1.4% to as low as $67,680 after reaching a high of over $70,000 on Monday.\nWallets belonging to the defunct Bitcoin exchange Mt. Gox transferred over 140,000 bitcoin (BTC), valued at around $9 billion, to an unknown address starting early Asian morning hours on Tuesday.\nMt. Gox, once the largest bitcoin exchange in the world, closed in 2014 after it was revealed that it had lost hundreds of thousands of bitcoin in a hack. Creditors have since awaited the repayment of their holdings -one that is largely consideredto add selling pressure to BTC markets.\nIn a press release, rehabilitation trustee Nobuaki Kobayashi said that no sale of bitcoin or bitcoin cash (BCH) had taken place and that the group was "managing bitcoin and bitcoin cash in a secure manner."\nWallet activityshows the movements were done over thirteen transactions. A likely test transaction worth $3 was made on May 20, and another smaller transaction of $160 was done early Tuesday. The remaining transactions ranged from $1.2 million to $2.2 billion worth of bitcoin.\nAll of Mt.Gox\'s bitcoin has now effectively been moved to a single bitcoin wallet,Bitinfocharts datashows.\nThis is the first movement of assets from Mt. Gox\'s cold wallets in over five years and is likely a part of a plan to distribute the assets back to creditors before October 31, 2024.\nAll coins have been transferred to a new address “1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6,” CryptoQuant head of research Julio Moreno said in an X post.\nAlex Thorn, head of research at Galaxy, said in an X post that he expected most of the transferred bitcoin to be held by creditors, instead of being sold on the open market.\nStill, market participants appeared to turn bearish on the movements with bitcoin shedding 1.4% since the start of Asian trading hours. It dropped to as low as $67,680 after a Monday high of over $70,000.', '• Over 140,000 BTC, worth around $9 billion, were transferred from Mt. Gox wallets to an unknown address in thirteen transactions, possibly as part of a plan to repay creditors by October 31, 2024.\n• The market reacted bearishly to these movements, with Bitcoin dropping by 1.4% to as low as $67,680 after reaching a high of over $70,000 on Monday.\nWallets belonging to the defunct Bitcoin exchange Mt. Gox transferred over 140,000 bitcoin (BTC), valued at around $9 billion, to an unknown address starting early Asian morning hours on Tuesday.\nMt. Gox, once the largest bitcoin exchange in the world, closed in 2014 after it was revealed that it had lost hundreds of thousands of bitcoin in a hack. Creditors have since awaited the repayment of their holdings -one that is largely consideredto add selling pressure to BTC markets.\nIn a press release, rehabilitation trustee Nobuaki Kobayashi said that no sale of bitcoin or bitcoin cash (BCH) had taken place and that the group was "managing bitcoin and bitcoin cash in a secure manner."\nWallet activityshows the movements were done over thirteen transactions. A likely test transaction worth $3 was made on May 20, and another smaller transaction of $160 was done early Tuesday. The remaining transactions ranged from $1.2 million to $2.2 billion worth of bitcoin.\nAll of Mt.Gox\'s bitcoin has now effectively been moved to a single bitcoin wallet,Bitinfocharts datashows.\nThis is the first movement of assets from Mt. Gox\'s cold wallets in over five years and is likely a part of a plan to distribute the assets back to creditors before October 31, 2024.\nAll coins have been transferred to a new address “1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6,” CryptoQuant head of research Julio Moreno said in an X post.\nAlex Thorn, head of research at Galaxy, said in an X post that he expected most of the transferred bitcoin to be held by creditors, instead of being sold on the open market.\nStill, market participants appeared to turn bearish on the movements with bitcoin shedding 1.4% since the start of Asian trading hours. It dropped to as low as $67,680 after a Monday high of over $70,000.', '• A Harris Poll look at U.S. voters concluded interest in crypto is on the rise, and 33% said digital assets will figure into their support of candidates.\n• Just about everybody knows what a bitcoin is, now, and a lot of people reportedly think cryptocurrencies will figure into their financial futures.\nOne in three U.S. voters said they\'ll consider a political candidate\'s position on cryptocurrencies before making a voting decision, according to a new Harris Poll examination of likely U.S. voters.\nWhile those 33% are taking a keen interest, the online survey of more than 1,700 people – funded by bitcoin ETF issuer Grayscale – found 77% said a U.S. presidential candidate should at least have an "informed perspective" on crypto. And they\'re evenly split on which political party is the leader in digital assets issues.\nThe new polling followed up on asimilar round of questioninglate last year, concluding people are increasingly likely to believe that crypto will eventually wind up in their investment portfolios (47%), which could further explain their political interest.\n"Likely American voters from across the political spectrum indicate a heightened interest in investing in crypto assets and in supporting candidates well-versed in the emerging technologies,” said Zach Pandl, Grayscale’s head of research, in a statement.\nRead more:Trump Becomes First Major Party Candidate to Accept Crypto Donations\nAlmost everybody – all but 2% – had at least heard of bitcoin {{BTC}}. A wide segment of voters claimed they\'re also familiar with Ethereum\'s ether {{ETH}}, with less than half (46%) saying they\'d never heard of it. About 17% of voters say they\'ve invested in bitcoin, putting that asset nearly as high as those who say they have bonds, and significantly higher than those who invest in exchange-traded funds (ETFs).\nIn a point that could be especially interesting to the firms winningpreliminary approvalslast week on their efforts to build ETH ETFs, 24% in the survey said this new option would make them more open to investing.\nAnd 44% of the voters think to some degree that "crypto and blockchain technology are the future of finance" – up four percentage points from responses to the same question asked last year. But they want government oversight, with 52% of respondents saying they\'d be more likely to put their money into digital assets if the field gets more regulation.\nThis latest poll showed a larger segment of the voting population keenly interested in candidates\' crypto views than another recent poll of swing-state voters, which had put that level at 21%.\nRead More:Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians\' Attention', 'KEYTRUDA®(pembrolizumab) is the first and only immunotherapy-based regimen to show a statistically significant improvement in OS as pre-operative (neoadjuvant) treatment with chemotherapy and then as a single agent after surgery (adjuvant) compared to pre-operative chemotherapy in patients with high-risk early-stage TNBC\nNew OS results build on the pathological complete response and event-free survival data previously reported from the KEYNOTE-522 trial\nRAHWAY, N.J., May 28, 2024--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced that the Phase 3 KEYNOTE-522 trial evaluating KEYTRUDA, Merck’s anti-PD-1 therapy, met its overall survival (OS) endpoint, in combination with chemotherapy as pre-operative (neoadjuvant) treatment and then continuing as a single agent after surgery (adjuvant) for the treatment of patients with high-risk early-stage triple-negative breast cancer (TNBC). At a pre-specified interim analysis conducted by an independent Data Monitoring Committee, KEYTRUDA demonstrated a statistically significant and clinically meaningful improvement in OS compared to pre-operative chemotherapy. The safety profile of KEYTRUDA was consistent with that observed in previously reported studies; no new safety signals were observed. Results will be presented at an upcoming medical meeting and shared with regulatory authorities.\n"This is a significant milestone, as it is the first time an immunotherapy-based regimen has demonstrated a statistically significant overall survival benefit compared to chemotherapy alone in patients with high-risk early-stage triple-negative breast cancer," said Dr. Gursel Aktan, vice president, global clinical development, Merck Research Laboratories. "To have achieved overall survival from this landmark study is highly encouraging and builds upon the positive pathological complete response and event-free survival results that led to approvals for this regimen around the world."\nKEYNOTE 522 is the fourth study of a KEYTRUDA-based regimen in an earlier stage of cancer to demonstrate an OS benefit, in addition to KEYNOTE-A18 in cervical cancer, KEYNOTE-671 in non-small cell lung cancer and KEYNOTE-564 in renal cell carcinoma.\nIn the U.S., KEYTRUDA has two approved indications in TNBC: for the treatment of patients with high-risk early-stage TNBC in combination with chemotherapy as neoadjuvant treatment, and then continued as a single agent as adjuvant treatment after surgery; and in combination with chemotherapy for the treatment of patients with locally recurrent unresectable or metastatic TNBC whose tumors express PD-L1 (CPS ≥10) as determined by an FDA-approved test.\nMerck has a comprehensive clinical development program in various subtypes of breast cancer. This includes KEYNOTE-242 evaluating KEYTRUDA monotherapy as adjuvant treatment in patients with TNBC who have residual disease; KEYNOTE-756 evaluating KEYTRUDA plus chemotherapy in patients with high-risk, early-stage estrogen receptor-positive, human epidermal growth factor receptor 2-negative (ER+/HER2-) breast cancer; TroFuse-010 evaluating KEYTRUDA plus sacituzumab tirumotecan (sac-TMT), an investigational trophoblast cell-surface antigen 2 (TROP2)-directed antibody-drug conjugate that Merck is developing in collaboration with Kelun-Biotech, compared to sac-TMT alone and compared to physician’s choice of treatment in patients with unresectable locally advanced or metastatic ER+/HER2- breast cancer; and TroFuse-012 evaluating KEYTRUDA plus sac-TMT versus physician’s choice of treatment in patients with TNBC who received KEYTRUDA-based neoadjuvant therapy and did not achieve a pathological complete response (pCR) at surgery.\nAbout KEYNOTE-522\nKEYNOTE-522 (ClinicalTrials.gov,NCT03036488), is a randomized, double-blind Phase 3 trial. The dual primary endpoints were pCR rate, defined as pathological stage ypT0/Tis ypN0 at the time of definitive surgery, and event-free survival, defined as the time from randomization to the time of first occurrence of either disease progression that precluded definitive surgery, a local/distant recurrence, a second primary cancer or death from any cause. A key secondary endpoint was OS. The study enrolled 1,174 patients who were randomized 2:1 to receive either:\n• The KEYTRUDA regimen: KEYTRUDA plus chemotherapy (paclitaxel and carboplatin), followed by KEYTRUDA plus chemotherapy (cyclophosphamide and either doxorubicin or epirubicin) as neoadjuvant therapy prior to surgery, followed by KEYTRUDA monotherapy as adjuvant therapy post-surgery (n=784) or;\n• The chemotherapy-placebo regimen: Placebo plus chemotherapy (paclitaxel and carboplatin), followed by placebo plus chemotherapy (cyclophosphamide and either doxorubicin or epirubicin) as neoadjuvant therapy prior to surgery, followed by placebo monotherapy as adjuvant therapy post-surgery (n=390).\nAbout triple-negative breast cancer (TNBC)\nTriple-negative breast cancer is the most aggressive type of breast cancer, which has the highest risk of recurrence within the first five years after diagnosis and is associated with worse outcomes compared to other forms of breast cancer. Approximately 10-15% of patients with breast cancer are diagnosed with TNBC. While some breast cancers may test positive for estrogen receptors, progesterone receptors or overexpression of human epidermal growth factor receptor 2 (HER2), TNBC tests negative for all three. Triple-negative breast cancer tends to be more common in people who are younger than 40 years of age, who are Black or who have aBRCA1 mutation.\nAbout Merck’s research in breast and gynecologic cancers\nMerck is advancing research aimed at improving outcomes for patients affected by breast and gynecologic (ovarian, cervical and endometrial) cancers. Merck has a comprehensive clinical development program across these cancers comprised of more than 20 Merck-sponsored Phase 3 studies evaluating KEYTRUDA as monotherapy and in combination with other medicines. In the U.S., KEYTRUDA currently has two approved indications for TNBC, including one for high-risk early-stage disease, and five approved indications across certain types of cervical and endometrial cancers (see indications below). Among Merck’s research efforts are trials focused on evaluating KEYTRUDA in earlier stages of these cancers, as well as identifying new combinations and coformulations with KEYTRUDA.\nAbout Merck’s early-stage cancer clinical program\nFinding cancer at an earlier stage may give patients a greater chance of long-term survival. Many cancers are considered most treatable and potentially curable in their earliest stage of disease. Building on the strong understanding of the role of KEYTRUDA in later-stage cancers, Merck is evaluating our portfolio of medicines and pipeline candidates in earlier disease states, with more than 30 ongoing registrational studies across multiple types of cancer.\nAbout KEYTRUDA®(pembrolizumab) injection, 100 mg\nKEYTRUDA is an anti-programmed death receptor-1 (PD-1) therapy that works by increasing the ability of the body’s immune system to help detect and fight tumor cells. KEYTRUDA is a humanized monoclonal antibody that blocks the interaction between PD-1 and its ligands, PD- L1 and PD-L2, thereby activating T lymphocytes which may affect both tumor cells and healthy cells.\nMerck has the industry’s largest immuno-oncology clinical research program. There are currently more than 1,600 trials studying KEYTRUDA across a wide variety of cancers and treatment settings. The KEYTRUDA clinical program seeks to understand the role of KEYTRUDA across cancers and the factors that may predict a patient\'s likelihood of benefitting from treatment with KEYTRUDA, including exploring several different biomarkers.\nSelected KEYTRUDA®(pembrolizumab) Indications in the U.S.\nTriple-Negative Breast Cancer\nKEYTRUDA is indicated for the treatment of patients with high-risk early-stage triple-negative breast cancer (TNBC) in combination with chemotherapy as neoadjuvant treatment, and then continued as a single agent as adjuvant treatment after surgery.\nKEYTRUDA, in combination with chemotherapy, is indicated for the treatment of patients with locally recurrent unresectable or metastatic TNBC whose tumors express PD-L1 (CPS ≥10) as determined by an FDA-approved test.\nSee additional selected KEYTRUDA indications in the U.S. after the Selected Important Safety Information.\nSelected Important Safety Information for KEYTRUDA\nSevere and Fatal Immune-Mediated Adverse Reactions\nKEYTRUDA is a monoclonal antibody that belongs to a class of drugs that bind to either the programmed death receptor-1 (PD-1) or the PD-ligand 1 (PD-L1), blocking the PD-1/PD-L1 pathway, thereby removing inhibition of the immune response, potentially breaking peripheral tolerance and inducing immune-mediated adverse reactions. Immune-mediated adverse reactions, which may be severe or fatal, can occur in any organ system or tissue, can affect more than one body system simultaneously, and can occur at any time after starting treatment or after discontinuation of treatment. Important immune-mediated adverse reactions listed here may not include all possible severe and fatal immune-mediated adverse reactions.\nMonitor patients closely for symptoms and signs that may be clinical manifestations of underlying immune-mediated adverse reactions. Early identification and management are essential to ensure safe use of anti–PD-1/PD-L1 treatments. Evaluate liver enzymes, creatinine, and thyroid function at baseline and periodically during treatment. For patients with TNBC treated with KEYTRUDA in the neoadjuvant setting, monitor blood cortisol at baseline, prior to surgery, and as clinically indicated. In cases of suspected immune-mediated adverse reactions, initiate appropriate workup to exclude alternative etiologies, including infection. Institute medical management promptly, including specialty consultation as appropriate.\nWithhold or permanently discontinue KEYTRUDA depending on severity of the immune-mediated adverse reaction. In general, if KEYTRUDA requires interruption or discontinuation, administer systemic corticosteroid therapy (1 to 2 mg/kg/day prednisone or equivalent) until improvement to Grade 1 or less. Upon improvement to Grade 1 or less, initiate corticosteroid taper and continue to taper over at least 1 month. Consider administration of other systemic immunosuppressants in patients whose adverse reactions are not controlled with corticosteroid therapy.\nImmune-Mediated Pneumonitis\nKEYTRUDA can cause immune-mediated pneumonitis. The incidence is higher in patients who have received prior thoracic radiation. Immune-mediated pneumonitis occurred in 3.4% (94/2799) of patients receiving KEYTRUDA, including fatal (0.1%), Grade 4 (0.3%), Grade 3 (0.9%), and Grade 2 (1.3%) reactions. Systemic corticosteroids were required in 67% (63/94) of patients. Pneumonitis led to permanent discontinuation of KEYTRUDA in 1.3% (36) and withholding in 0.9% (26) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 23% had recurrence. Pneumonitis resolved in 59% of the 94 patients.\nPneumonitis occurred in 8% (31/389) of adult patients with cHL receiving KEYTRUDA as a single agent, including Grades 3-4 in 2.3% of patients. Patients received high-dose corticosteroids for a median duration of 10 days (range: 2 days to 53 months). Pneumonitis rates were similar in patients with and without prior thoracic radiation. Pneumonitis led to discontinuation of KEYTRUDA in 5.4% (21) of patients. Of the patients who developed pneumonitis, 42% interrupted KEYTRUDA, 68% discontinued KEYTRUDA, and 77% had resolution.\nPneumonitis occurred in 7% (41/580) of adult patients with resected NSCLC who received KEYTRUDA as a single agent for adjuvant treatment of NSCLC, including fatal (0.2%), Grade 4 (0.3%), and Grade 3 (1%) adverse reactions. Patients received high-dose corticosteroids for a median duration of 10 days (range: 1 day to 2.3 months). Pneumonitis led to discontinuation of KEYTRUDA in 26 (4.5%) of patients. Of the patients who developed pneumonitis, 54% interrupted KEYTRUDA, 63% discontinued KEYTRUDA, and 71% had resolution.\nImmune-Mediated Colitis\nKEYTRUDA can cause immune-mediated colitis, which may present with diarrhea. Cytomegalovirus infection/reactivation has been reported in patients with corticosteroid-refractory immune-mediated colitis. In cases of corticosteroid-refractory colitis, consider repeating infectious workup to exclude alternative etiologies. Immune-mediated colitis occurred in 1.7% (48/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (1.1%), and Grade 2 (0.4%) reactions. Systemic corticosteroids were required in 69% (33/48); additional immunosuppressant therapy was required in 4.2% of patients. Colitis led to permanent discontinuation of KEYTRUDA in 0.5% (15) and withholding in 0.5% (13) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 23% had recurrence. Colitis resolved in 85% of the 48 patients.\nHepatotoxicity and Immune-Mediated Hepatitis\nKEYTRUDA as a Single Agent\nKEYTRUDA can cause immune-mediated hepatitis. Immune-mediated hepatitis occurred in 0.7% (19/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.4%), and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 68% (13/19) of patients; additional immunosuppressant therapy was required in 11% of patients. Hepatitis led to permanent discontinuation of KEYTRUDA in 0.2% (6) and withholding in 0.3% (9) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, none had recurrence. Hepatitis resolved in 79% of the 19 patients.\nKEYTRUDA With Axitinib\nKEYTRUDA in combination with axitinib can cause hepatic toxicity. Monitor liver enzymes before initiation of and periodically throughout treatment. Consider monitoring more frequently as compared to when the drugs are administered as single agents. For elevated liver enzymes, interrupt KEYTRUDA and axitinib, and consider administering corticosteroids as needed. With the combination of KEYTRUDA and axitinib, Grades 3 and 4 increased alanine aminotransferase (ALT) (20%) and increased aspartate aminotransferase (AST) (13%) were seen at a higher frequency compared to KEYTRUDA alone. Fifty-nine percent of the patients with increased ALT received systemic corticosteroids. In patients with ALT ≥3 times upper limit of normal (ULN) (Grades 2-4, n=116), ALT resolved to Grades 0-1 in 94%. Among the 92 patients who were rechallenged with either KEYTRUDA (n=3) or axitinib (n=34) administered as a single agent or with both (n=55), recurrence of ALT ≥3 times ULN was observed in 1 patient receiving KEYTRUDA, 16 patients receiving axitinib, and 24 patients receiving both. All patients with a recurrence of ALT ≥3 ULN subsequently recovered from the event.\nImmune-Mediated Endocrinopathies\nAdrenal Insufficiency\nKEYTRUDA can cause primary or secondary adrenal insufficiency. For Grade 2 or higher, initiate symptomatic treatment, including hormone replacement as clinically indicated. Withhold KEYTRUDA depending on severity. Adrenal insufficiency occurred in 0.8% (22/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.3%), and Grade 2 (0.3%) reactions. Systemic corticosteroids were required in 77% (17/22) of patients; of these, the majority remained on systemic corticosteroids. Adrenal insufficiency led to permanent discontinuation of KEYTRUDA in <0.1% (1) and withholding in 0.3% (8) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nHypophysitis\nKEYTRUDA can cause immune-mediated hypophysitis. Hypophysitis can present with acute symptoms associated with mass effect such as headache, photophobia, or visual field defects. Hypophysitis can cause hypopituitarism. Initiate hormone replacement as indicated. Withhold or permanently discontinue KEYTRUDA depending on severity. Hypophysitis occurred in 0.6% (17/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.3%), and Grade 2 (0.2%) reactions. Systemic corticosteroids were required in 94% (16/17) of patients; of these, the majority remained on systemic corticosteroids. Hypophysitis led to permanent discontinuation of KEYTRUDA in 0.1% (4) and withholding in 0.3% (7) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nThyroid Disorders\nKEYTRUDA can cause immune-mediated thyroid disorders. Thyroiditis can present with or without endocrinopathy. Hypothyroidism can follow hyperthyroidism. Initiate hormone replacement for hypothyroidism or institute medical management of hyperthyroidism as clinically indicated. Withhold or permanently discontinue KEYTRUDA depending on severity. Thyroiditis occurred in 0.6% (16/2799) of patients receiving KEYTRUDA, including Grade 2 (0.3%). None discontinued, but KEYTRUDA was withheld in <0.1% (1) of patients.\nHyperthyroidism occurred in 3.4% (96/2799) of patients receiving KEYTRUDA, including Grade 3 (0.1%) and Grade 2 (0.8%). It led to permanent discontinuation of KEYTRUDA in <0.1% (2) and withholding in 0.3% (7) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement. Hypothyroidism occurred in 8% (237/2799) of patients receiving KEYTRUDA, including Grade 3 (0.1%) and Grade 2 (6.2%). It led to permanent discontinuation of KEYTRUDA in <0.1% (1) and withholding in 0.5% (14) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement. The majority of patients with hypothyroidism required long-term thyroid hormone replacement. The incidence of new or worsening hypothyroidism was higher in 1185 patients with HNSCC, occurring in 16% of patients receiving KEYTRUDA as a single agent or in combination with platinum and FU, including Grade 3 (0.3%) hypothyroidism. The incidence of new or worsening hypothyroidism was higher in 389 adult patients with cHL (17%) receiving KEYTRUDA as a single agent, including Grade 1 (6.2%) and Grade 2 (10.8%) hypothyroidism. The incidence of new or worsening hyperthyroidism was higher in 580 patients with resected NSCLC, occurring in 11% of patients receiving KEYTRUDA as a single agent as adjuvant treatment, including Grade 3 (0.2%) hyperthyroidism. The incidence of new or worsening hypothyroidism was higher in 580 patients with resected NSCLC, occurring in 22% of patients receiving KEYTRUDA as a single agent as adjuvant treatment (KEYNOTE-091), including Grade 3 (0.3%) hypothyroidism.\nType 1 Diabetes Mellitus (DM), Which Can Present With Diabetic Ketoacidosis\nMonitor patients for hyperglycemia or other signs and symptoms of diabetes. Initiate treatment with insulin as clinically indicated. Withhold KEYTRUDA depending on severity. Type 1 DM occurred in 0.2% (6/2799) of patients receiving KEYTRUDA. It led to permanent discontinuation in <0.1% (1) and withholding of KEYTRUDA in <0.1% (1) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement.\nImmune-Mediated Nephritis With Renal Dysfunction\nKEYTRUDA can cause immune-mediated nephritis. Immune-mediated nephritis occurred in 0.3% (9/2799) of patients receiving KEYTRUDA, including Grade 4 (<0.1%), Grade 3 (0.1%), and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 89% (8/9) of patients. Nephritis led to permanent discontinuation of KEYTRUDA in 0.1% (3) and withholding in 0.1% (3) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, none had recurrence. Nephritis resolved in 56% of the 9 patients.\nImmune-Mediated Dermatologic Adverse Reactions\nKEYTRUDA can cause immune-mediated rash or dermatitis. Exfoliative dermatitis, including Stevens-Johnson syndrome, drug rash with eosinophilia and systemic symptoms, and toxic epidermal necrolysis, has occurred with anti–PD-1/PD-L1 treatments. Topical emollients and/or topical corticosteroids may be adequate to treat mild to moderate nonexfoliative rashes. Withhold or permanently discontinue KEYTRUDA depending on severity. Immune-mediated dermatologic adverse reactions occurred in 1.4% (38/2799) of patients receiving KEYTRUDA, including Grade 3 (1%) and Grade 2 (0.1%) reactions. Systemic corticosteroids were required in 40% (15/38) of patients. These reactions led to permanent discontinuation in 0.1% (2) and withholding of KEYTRUDA in 0.6% (16) of patients. All patients who were withheld reinitiated KEYTRUDA after symptom improvement; of these, 6% had recurrence. The reactions resolved in 79% of the 38 patients.\nOther Immune-Mediated Adverse Reactions\nThe following clinically significant immune-mediated adverse reactions occurred at an incidence of <1% (unless otherwise noted) in patients who received KEYTRUDA or were reported with the use of other anti–PD-1/PD-L1 treatments. Severe or fatal cases have been reported for some of these adverse reactions.Cardiac/Vascular:Myocarditis, pericarditis, vasculitis;Nervous System:Meningitis, encephalitis, myelitis and demyelination, myasthenic syndrome/myasthenia gravis (including exacerbation), Guillain-Barré syndrome, nerve paresis, autoimmune neuropathy;Ocular:Uveitis, iritis and other ocular inflammatory toxicities can occur. Some cases can be associated with retinal detachment. Various grades of visual impairment, including blindness, can occur. If uveitis occurs in combination with other immune-mediated adverse reactions, consider a Vogt-Koyanagi-Harada-like syndrome, as this may require treatment with systemic steroids to reduce the risk of permanent vision loss;Gastrointestinal:Pancreatitis, to include increases in serum amylase and lipase levels, gastritis, duodenitis;Musculoskeletal and Connective Tissue:Myositis/polymyositis, rhabdomyolysis (and associated sequelae Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,343,335,756,481 - Hash Rate: 562079779.1135205 - Transaction Count: 596790.0 - Unique Addresses: 448181.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In theory, looking ahead at markets this week should be focusing on the big quarter just ended and what the prospects are for stocks and the economy. In theory. But a lot of attention will be paid to the bitter, emotional proxy fight for control of the Walt Disney Co.(DIS). At the same time, there is a huge report that will move markets this week: the monthly jobs report due Friday before U.S. markets open. The expectation is for the U.S. unemployment rate to hold at 3.9%, with non-farm payrolls growing by 205,000. A big gain could spook bond markets and sent interest rates higher — and stocks lower. Related: The Fed's stock market influence, like inflation pressure, continues to fade In addition, Monday's markets will have to weigh whether a Friday report was good or bad. The Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase. Fed Chairman Jerome Powell said the numbers were in line with estimates. Markets won't weigh in until Sunday night. How good was the market in March? The Standard & Poor's 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%. The S&P set eight new closing highs during the month. The Dow hit three. Both indexes, in fact, finished the month with record closes. The Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month. All 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials up 6.2%. The weakest sector was Consumer Discretionary stocks, up just 0.01%. The group includes Tesla(TSLA), down 12.9% for the month, retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%. Chip maker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10. Nvidia(NVDA)was uponly14.2%. It's still up 82.5% on the year. Bitcoin finished March at $71,024, up 14.4% for March and a whopping 67% for the year. The close on Sunday, however, was 3.3% below its closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14. What's next? Higher, most analysts believe. There is great confidence among traders that the stock-market rally that started in October has the power to continue — absent a war or another bitterly fought federal election season like 2020. Two factors one hears the traders cite: • The economy and markets have been able to carry on despite the current interest-rate environment. • The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn't appear interested in raising them either. The 10-year Treasury yield moved up to about 4.33% from 3.9% at the end of 2023 but drifted back to 4.2%. Meanwhile, the proxy fight for control of Walt Disney(DIS)will increasingly grab eyes and ears all the way into Disney's annual meeting that starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday. That's when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board. A note: This is a virtual meeting. • You can listen in by going to the Disney Investors Relations site. • Oraccess the meeting directly here. • If you are a shareholder and want to ask questions, you must pre-register. The Disney battle is an election where you can't poll the voters — in this case, the actual shareholders — to any reliable degree. They just mark their proxies and send them in. Normally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney's shares, and they may well decide the battle. Some small investors are just in the game to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and just haven't sold. The Disney fight is primarily between Trian Fund Management, managed by activist investor Nelson Peltz. Trian controls 1.8% of Disney's shares wants to vote Peltz and former Disney executive Jay Rasulo onto the board. More on Disney • Billionaire investor has a problem with ‘woke’ Disney movies • Analysts adjust Disney stock price targets ahead of proxy fight • Analysts unveil new Disney stock price targets after earnings A second group, known as the Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board. Peltz has estimated he's spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million. Tensions are rising as investors big and small take sides. Peltz has even weighed in about the kinds of entertainment the company produces. He was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney's Marvel unit did produce Black Panther in 2018, which grossed $1.3 billion world-wide. Presumably, either of the groups trying to get on the Disney board would advocate strongly for trimmed production spending for Disney's entertainment assets and lower operating costs for its theme parks. And greater direct returns to shareholders. Shutterstock Disney's shares have struggled since peaking at about $200, in early 2021, falling to as low as $79.33 on October 27, 2023. That was, ironically, the day the market bottomed and started its big fall rally. Disney's price as of March 28 was $122.36. Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor's 500 Index. Moreover, it's up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP). Aside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October. But watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago. No change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies. As of Saturday, theAmerican Automobile Association's daily price surveyshowed the national price of regular unleaded gasoline at $3.536 a gallon. Only 137 fourth-quarter earnings reports are due this week. Among the biggest is payroll services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year ago. The first-quarter earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; shares are up 17.8% this year. The average analyst estimate: $4.16 a share. Related: Veteran fund manager picks favorite stocks for 2024... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['CASTLE ROCK, Colo., May 29, 2024--(BUSINESS WIRE)--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 –The Early Warning System and Related Take-Over Bid and Insider Reporting Issuesand Part 5 of Canadian National Instrument 62-104 –Take-Over Bids and Issuer Bidsin respect of Bitfarms Ltd. (the "Company").\nRiot announces that on May 28, 2024 it acquired ownership of 3,002,350 common shares (the "Purchased Shares") of the Company representing approximately 0.75% of the issued and outstanding Common Shares (the "Common Shares") of the Company.\nThe Purchased Shares were acquired through normal course purchases on the Nasdaq Stock Market and other open market trades for a weighted average price of approximately US$2.19 per Purchased Share (equivalent to approximately C$2.99 per Purchased Share based on the daily exchange rate posted by the Bank of Canada on May 28, 2024 (the "Exchange Rate")) at a price range per Purchased Share of US$2.14 to US$2.23 (equivalent to approximately C$2.92 to C$3.04 based on the Exchange Rate) for an aggregate amount equal to US$6,572,744.62 (equivalent to approximately C$8,963,909.11 based on the Exchange Rate).\nImmediately prior to the acquisition of Common Shares giving rise to the issuance of this press release, Riot beneficially owned 36,856,350 Common Shares, representing approximately 9.25% of the issued and outstanding Common Shares. Following completion of the aforementioned acquisition, Riot beneficially owned 39,858,700 Common Shares, representing approximately 10.00% of the issued and outstanding Common Shares as at the date hereof.\nThe purchase of the securities giving rise to the issuance of this press release followed Riot’s attempt to engage with the board of directors of the Company (the "Board") regarding a non-binding proposal to acquire all of the outstanding Common Shares of the Company. In particular, on April 22, 2024, Riot sent a letter to the Board that set out Riot’s non-binding proposal to acquire all of the outstanding Common Shares of the Company (the "Proposal") for consideration of US$2.30 per Common Share, to be paid with a combination of cash and shares of Riot’s common stock (the "Purchase Price").\nOn May 28, 2024, Riot sent another letter to the Board reiterating the Proposal at the Purchase Price and advising the Board that Riot had acquired approximately 9.25% of the Common Shares. The letter indicated that Riot currently intends to requisition a special meeting of the Company’s shareholders, at which Riot intends to nominate several well-qualified and independent directors to join the Company’s Board.\nOn May 28, 2024, Riot issued a press release publicly announcing the Proposal and that Riot had acquired approximately 9.25% of the Common Shares.\nNeither the Proposal, nor this press release is meant to be, nor should be construed as, an offer (or an intention to make an offer) to buy or the solicitation of an offer to sell any of the Company’s securities.\nRiot intends to review its investment in the Company on a continuing basis and depending upon various factors, including without limitation, the Board’s response, if any, to the Proposal and any discussion between Riot and the Board relating thereto, the Company’s financial position and strategic direction, overall market conditions, other investment opportunities available to Riot, and the availability of securities of the Company at prices that would make the purchase or sale of such securities desirable, Riot may: (i) increase or decrease its position in the Company through, among other things, the purchase or sale of securities of the Company, including through transactions involving the Common Shares and/or other equity, debt, notes, other securities, or derivative or other instruments that are based upon or relate to the value of securities of the Company in the open market or otherwise; (ii) enter into transactions that increase or hedge its economic exposure to the Common Shares without affecting its beneficial ownership of the Common Shares; or (iii) consider or propose one or more of the actions described in subparagraphs (a) – (k) of Item 5 of Riot’s Early Warning Report filed in accordance with applicable Canadian securities laws.\nIf the proposed transaction contemplated by the Proposal is consummated, it would result in, among other things, (i) the acquisition by Riot of additional securities of the Company, (ii) a change of control of the Company, (iii) a change in the board of directors or management of the Company, (iv) the de-listing of the Common Shares from the Toronto Stock Exchange and the Nasdaq Stock Market, (v) the de-registration of the Common Shares under the U.S. Securities Exchange Act of 1934, as amended, and (vi) the Company ceasing to be a reporting issuer under Canadian securities legislation.\nRiot will file the Early Warning Report in accordance with applicable securities laws, which will be available under the Company’s profile atwww.sedarplus.ca. The head office of the Company is 110 Yonge Street, Suite 1601, Toronto, Ontario M5C 1T4. The address of Riot is 3855 Ambrosia Street, Suite 301, Castle Rock, CO 80109.\nFOR MORE INFORMATION\nFor further information and to obtain a copy of the Early Warning Report, please see the Company’s profile on the SEDAR+ website (www.sedarplus.ca) or contact Phil McPherson, Vice President, Capital Markets & Investor Relations, at (303) 794-2000 ext. 110.\nAbout Riot Platforms, Inc.\nRiot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.\nRiot, a Nevada corporation, is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. Riot has Bitcoin mining operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado.\nFor more information, visitwww.riotplatforms.com.\nNon-Binding Proposal\nRiot cautions Riot shareholders, Company shareholders and others considering trading in Riot securities or Company securities that the Proposal referred to in this press release is non-binding, does not constitute and should not be construed as an offer or intention to make an offer directly to Company shareholders, and there can be no assurance that any definitive offer will be made by Riot, that the Company will accept any offer made by Riot, that any agreement will be entered into by Riot and the Company or that the Proposal or any other transaction will be approved or consummated. Riot does not undertake any obligation to provide any updates with respect to the proposed transaction, except as required by applicable law.\nCautionary Note Regarding Forward Looking Statements\nStatements contained herein that are not historical facts constitute "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable U.S. and Canadian securities laws that reflect management’s current expectations, assumptions, and estimates of future events, performance and economic conditions. Such forward-looking statements rely on the safe harbor provisions of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934 and the safe harbor provisions of applicable Canadian securities laws. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words and phrases such as "anticipate," "believe," "combined company," "create," "drive," "expect," "forecast," "future," "growth," "intend," "hope," "opportunity," "plan," "potential," "proposal," "synergies," "unlock," "upside," "will," "would," and similar words and phrases are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements concerning: uncertainties as to whether any definitive offer will be made by Riot or the Company will accept any offer made by Riot; whether the Company will enter into discussions with Riot regarding the proposed combination of Riot and the Company; the outcome of any such discussions, including the possibility that the terms of any such combination will be materially different from those described herein; the conditions to the completion of any combination, including the receipt of Company shareholder approval and the receipt of all required regulatory approvals; the future performance, results of operations, liquidity and financial position of each of Riot, the Company and the company resulting from the combination of Riot and the Company; the possibility that the combined company may be unable to achieve expected synergies and operating efficiencies within the expected timeframes or at all; the integration of the Company’s operations with those of Riot and the possibility that such integration may be more difficult, time-consuming and costly than expected or that operating costs and business disruption may be greater than expected in connection with the proposed transaction. Such forward-looking statements are not guarantees of future performance or actual results, and readers should not place undue reliance on any forward-looking statement as actual results may differ materially and adversely from forward-looking statements. Detailed information regarding the factors identified by the management of Riot, which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release, may be found in Riot’s filings with the U.S. Securities and Exchange Commission (the "SEC"), including the risks, uncertainties and other factors discussed under the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" of Riot’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 23, 2024, and the other filings Riot has made or will make with the SEC after such date, copies of which may be obtained from the SEC’s website atwww.sec.gov. All forward-looking statements contained herein are made only as of the date hereof, and Riot disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Riot hereafter becomes aware, except as required by applicable law.\nNo Offer or Solicitation\nThis press release is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer, or an intention to offer, to subscribe for or buy or an invitation to purchase or subscribe for any securities, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. Such an offer to purchase securities would only be made pursuant to a registration statement, prospectus, tender offer, takeover bid circular, management information circular or other regulatory filing filed by Riot with the SEC and available atwww.sec.govor filed with applicable Canadian securities regulatory authorities on SEDAR+ and available atwww.sedarplus.ca. This press release is not intended to, and does not, solicit a proxy from any shareholder of the Company. Such a solicitation of proxies would only be made pursuant to a proxy circular filed with applicable Canadian securities regulatory authorities on SEDAR+ and available atwww.sedarplus.caor pursuant to an exemption from the proxy solicitation rules under applicable Canadian securities law.\nImportant Information for Investors\nThis press release relates to a proposal that Riot has made for a business combination transaction with the Company. In furtherance of this proposal and subject to future developments, Riot (and, if applicable, the Company) may file one or more registration statements, prospectuses, management information circulars, proxy statements, proxy circulars, tender offers, takeover bid circulars or other documents with the SEC and applicable Canadian securities regulatory authorities. This press release is not a substitute for any registration statement, prospectus, management information circular, proxy statement, proxy circular, tender offer, takeover bid circular or other document (collectively, "Regulatory Filings") Riot and/or the Company may file with the SEC and/or applicable Canadian securities regulatory authorities in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF RIOT AND THE COMPANY ARE URGED TO READ EACH REGULATORY FILING WHEN AND IF FILED BY RIOT AND/OR THE COMPANY WITH THE SEC AND/OR APPLICABLE CANADIAN SECURITIES REGULATORY AUTHORITIES CAREFULLY IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT RIOT, THE COMPANY, THE PROPOSED TRANSACTION AND RELATED MATTERS. Any proxy circular, takeover bid circular, management information circular, prospectus or other applicable Regulatory Filing (if and when filed) will be mailed to shareholders of the Company (if and when required to be mailed by applicable law). Investors and security holders will be able to obtain free copies of Regulatory Filings (if and when available) and other documents filed by Riot with the SEC and available atwww.sec.gov, and on the "Investor Relations" page of Riot’s corporate website,www.Riotplatforms.com. Investors and security holders will be able to obtain free copies of any documents filed with applicable Canadian securities regulatory authorities by Riot on SEDAR+ atwww.sedarplus.ca, and on the "Investor Relations" page of Riot’s corporate website,www.Riotplatforms.com.\nThis press release is neither a solicitation of a proxy nor a substitute for any proxy statement or other filings that may be made with the SEC or Canadian securities regulatory authorities. Nonetheless, Riot and its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. You can find information about Riot’s executive officers and directors in Riot’s Annual Report on Form 10-K for the year ended December 31, 2023. Additional information regarding the interests of such potential participants will be included in one or more Regulatory Filings filed with the SEC and Canadian securities regulatory authorities if and when they become available. These documents (if and when available) may be obtained free of charge from the SEC’s website atwww.sec.gov, on SEDAR+ atwww.sedarplus.caand by visiting the "Investor Relations" page of Riot’s corporate website,www.Riotplatforms.com.\nView source version on businesswire.com:https://www.businesswire.com/news/home/20240528022918/en/\nContacts\nInvestor Contacts:Phil McPherson303-794-2000 ext. [email protected] PartnersBruce Goldfarb / Chuck Garske, (877) [email protected] Contact:Longacre Square PartnersJoe Germani / Dan [email protected]/[email protected]', '• US stocks were mixed Tuesday. The Nasdaq finished at a record while the Dow tumbled.\n• Nvidia soared but the broader market weakened amid a fresh spike in Treasury yields.\n• Tepid demand at the latest Treasury auction and hawkish comments from Fed officials spooked investors.\nUS stocks finished mixed on Tuesday, with the Nasdaq at a record but the Dow Jones Industrial Average sliding more than 200 points.\nThe Nasdaq was lifted by Nvidia, which rallied more than 7%. Weighing on shares during the session was a jump in Treasury yields as the latest auction was met with lukewarm demand. The 10-year yield jumped as much as seven basis points before paring some of that rise, but was firmly back above the key 4.5% threshold as the trading session wound down.\nAlso weighing on investors were hawkish comments from Federal Reserve officials. Minneapolis Fed President Neel Kashkari reiterated that the central bank wasnot convinced inflation is falling quickly enoughto warrant rate cuts. he went further still by saying more rate hikes aren\'t off the table if progress stalls.\n"I don\'t think anybody has formally taken them off the table, even me," he said during a Tuesday presentation. "Of course, if we get surprised by the data, then we would do what we need to do."\nInvestors are focused on the Friday personal consumption expenditures price index report. The Fed\'s preferred inflation measure will give important insight into when the Fed might cut rates.\nNvidia rallied above $1,100 during Tuesday\'s session to close at a fresh record, as Elon Musk said his xAI artificial intelligence firm will use Nvidia chips in its computers.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Tuesday:\n• S&P 500:5,306.04, up less than 0.1%\n• Dow Jones Industrial Average:38,852.86, down 0.6% (217 points)\n• Nasdaq Composite:17,019.88, up 0.6%\nHere\'s what else is going on today:\n• A study found GPT-4 is better than humans at financial analysis.\n• The promise of AI revolution has added $230 billion to the wealth of seven US tech billionaires this year.\n• UBS raised its price target for the S&P 500again as recession risk fades and earnings growth looks poised to increase.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 3% to $80.19 a barrel.Brent crude, the international benchmark, was higher by 1.6% to $84.48 a barrel.\n• Goldincreased 1% to $2,358.30 per ounce.\n• The 10-year Treasury yield jumped six basis points to 4.54%.\n• Bitcoindropped 2% to $68,117.27.\nRead the original article onBusiness Insider', 'Fantasy Top surged to the top of CryptoSlam’s non-fungible token (NFT) leaderboard, generating over US$831,530 in daily sales on Tuesday.\nThe previous day’s sales for Fantasy Top stood at US$362,773.\nFantasy Top is a collection on Blast, an Ethereum layer-2 by Pacman, the founder of the Blur NFT marketplace. The project is a trading card game based on crypto influencers on social media.\nTuesday’s top sellers were all connected to NFT games, with the second-highest performing collection being DMarket, a Mythos-based collection for in-game NFT items of popular online games.\nIts sales reached US$705,194, a slight increase from the previous day’s US$651,908.\nImmutable’s Guild of Guardians Avatars claimed the third spot in daily sales, amassing US$696,862.77, a slight decrease from US$708,325.\nBitcoin’s NodeMonkes dropped to the fourth spot after leading sales on Monday. Its daily sales decreased from US$958,911. to US$677,582.\nNodeMonkes, the top Bitcoin collection, has now flipped Avalanche-based Cabrada to become the 26th best-selling collection ever with more than US$228 million in sales.\nEthereum-based Bored Ape Yacht Club, which experienced an increase from US$357,326 to US$631,803 came in at the fifth spot.\nCollections such as DogeZuki and MiniGirl Homes also demonstrated significant activities at the fifth and sixth spots. Gods Unchained Cards, CryptoPunks, and Pudgy Penguins rounded out the day’s top 10 list.\nThe data-driven insights provided by CryptoSlam offer a transparent view of the NFT market’s daily ebbs and flows, allowing collectors, investors, and enthusiasts to stay informed about the latest trends and shifts in this burgeoning digital asset class.\nWhile it didn’t have a top-three collection on Tuesday, Ethereum led the blockchain market with a total sales volume of US$5.06 million, a slight decrease from the US$5.68 million recorded the previous day.', '• M&S to invest £30m in London stores\n• Victorian Plumbing hails “robust” trading\n• Revolution Bars rejects Nightcap takeover\nTuesday 28 May 2024 17:18,Simon Hunt\nThe London Stock Exchange’s embrace of crypto securities went up a gear today after the world’s largest issuer of crypto exchange-traded products added four new listings in the UK.\n21Shares, which launched the world’s first physically backed crypto exchange-traded notes in 2018, has listed the four Bitcoin and Ethereum ETNs in London, marking the firm’s entrance into the UK market in the latest step on its global expansion.\nRead more here\nTuesday 28 May 2024 16:52,Daniel O\'Boyle\nThe FTSE 100 closed down 0.8% today at 8,254.18, after sliding through the afternoon.\nThe top risers were Ocado and JD Sports, while gambling groups Flutter and Entain were the biggest fallers.\nLondon’s top flight started the day slightly up and was steady through much of the morning, but fell in the afternoon.\nAfter a strong rise to record highs, London’s top flight has now lost 200 points in less than two weeks.\nTuesday 28 May 2024 16:16,Daniel O\'Boyle\nSTAR city fund manager Nick Train today admitted he has struggled for form lately, with investments in Cazoo and Manchester United among those costing his customers.\nTrain runs the £1.5 billion Finsbury Growth & Income Trust where performance has been poor for some time.\nAlthough he has a strong long-term record, some in the City are asking if he has lost his touch.\nRead more here\nTuesday 28 May 2024 15:26,Daniel O\'Boyle\nUS consumer confidence for Mar crushed expectations, and was in positive territory for the first time in four months.\nThe Conference Board’s sentiment index came in at 102, well above April’s 97.5 or the expected figure of 96. Consumer confidence had declined this spring after a major recovery at during the winter, amid new fears of a resurge ininflation.\nTuesday 28 May 2024 14:46,Daniel O\'Boyle\nAN employee of billionaire Jack Ma-owned WorldFirst is taking it to an industrial tribunal over claims of harassment and discrimination after the London fintech was contacted by the information regulator over issues with data practices, the Standard can reveal.\nThe manager in the HR department, who suffers from a physical disability, claims that the company was negligent in its duty of care towards her after details about her condition were inappropriately shared with other employees and third parties.\nRead more here\nTuesday 28 May 2024 14:44,Daniel O\'Boyle\nThe FTSE 100 has slide further, and is back below the 8300 mark.\nTake a look at our market snapshot:\nTuesday 28 May 2024 13:35,Daniel O\'Boyle\nThe operator of one of Scotland’s largest windfarms in paying over £33 million to regulators after overcharging that pushed up costs for consumers.\nBeatrice Offshore Windfarm Limited will pay the money into a fund run by Ofgem which provides support to consumers.\nIt comes after BOWL admitted it broke energy market rules by charging excessive prices when it cut its output to keep the electricity grid in balance.\nRead more here\nTuesday 28 May 2024 11:49,Jonathan Prynn\nIt was a fascinating — and long — mea culpa I read today from top London stock picker Nick Train, director of Lindsell Train, which manages the portfolio for the listed Finsbury Growth & Income Trust.\nThe trust invests largely in UK equities, three cheers for that, but has underperformed its benchmark, the FTSE All-Share Index, over the six months to the end of March. No wonder Mr Train admitted that his half-year review was “difficult” to write.\nRead more here\nTuesday 28 May 2024 11:09,Simon Hunt\nThe London Stock Exchange has been dealt another blow as a major new tourist attraction in the capital appears to have dropped plans for a London float in favour of the Euronext Amsterdam.\nLondon Tunnels plc, a project to re-open a secret network of Second World War tunnels under Holborn to the public had planned an initial public offering in London, the Standard revealed in December.\nCEO Angus Murray previously said the “unique set of tunnels, owned by a British company, built by the British Government, for the defence of Britain, that can further enhance London’s reputation as a leading tourist destination, should be listed in London.”\nBut it has since emerged that the company has appointed Dutch investment bank ABN Amro to advise on its flotation on the Euronext exchange.\nLondon Tunnels declined to comment.\nThe Kingsway Exchange tunnels were shrouded in mystery for most of the 20th century with details covered by the government’s Official Secrets Act, because of their wartime role as a base for MI6 officials.\nTuesday 28 May 2024 10:27,Graeme Evans\nPersimmon shares are down 2.5% or 38.5p to 1442.5p after Sky News reported the housebuilder’s interest in a potential £1 billion bid for move Legal & General-owned Cala Group.\nOther heavyweight fallers in London’s top flight included gambling group Flutter Entertainment following a retreat of 3% or 480p to 15,505p.\nThe recent downturn for valuations in the water industry also continued as the “sell” stance of Goldman Sachs analysts contributed to Severn Trent shares losing another 55p to 2394p. United Utilities weakened 33.7p to 973.8p.\nThe wider FTSE 100 index drifted 9.20 points to 8308.39, reflecting a subdued start to the holiday-shortened week for markets on both sides of the Atlantic.\nOn the risers board, Rolls-Royce has continued its strong progress after last week’s AGM trading update highlighted “further confidence” in 2024 estimates.\nThe shares added another 5.1p to 450p, extending their rise since Thursday morning to 5% and to more than 50% for the year to date.\nDemand also remained strong for Ocado shares, which have now risen 15% in the past three sessions after today’s uplift of 7% or 26.3p to 400.1p.\nThe FTSE 250 index improved 0.4% or 75.22 points to 20,846.15, with National Express owner Mobico on the risers board after a rebound of 2p to 59.25p.\nSouth West-focused Pennon fell 14.5p to 593.5p, a 2% decline in line with the rest of the water sector, while an in-line trading update failed to prevent construction supplier Genuit retreating 7p to 467.5p.\nThe company, which is focused on water, climate and ventilation products, posted a 8.6% fall in revenues but is optimistic about prospects once market conditions improve.\nTuesday 28 May 2024 09:36,Daniel O\'Boyle\nOpenreach has announced plans to build full fibre broadband in over 500 more locations across the UK, covering a further 2.7 million homes and businesses.\nThe new locations include 400,000 premises in the hardest to reach, most rural parts of the country, including Tobermory in Argyll and Bute, Haworth in West Yorkshire, Saundersfoot in South Wales, Pinxton in Derbyshire, Harlow in Essex and Roborough in Devon.\nRead more here\nTuesday 28 May 2024 09:14,Simon English\nMARKS & Spencer is to invest another £30 million in its London stores over the next year, including the opening of two new foodhalls and the creation of 100 new jobs.\nThe retailer in basking is a renewed sense of confidence on the back of its best financial results in almost three decades last week.\nProfits for the year to March rose 58% to £716 million, a turnaround many years in the making, after some City analysts had written it off as too old fashioned for the modern shopper.\nInstead it has attracted hundreds of thousands of new customers with a revamped clothing and food offer.\nToday it said it will give a multi-million pound facelift to 12 M&S stores in the capital and open two fresh-market style foodhalls in Sidcup and Friern Barnet.\nThe stores to be modernised include those in Islington, Chancery Lane, Teddington and Blackheath.\nThe Sidcup store should open later this month with the one in Friern Barnet coming in August.\nSacha Berendji, Operations Director at M&S, said: “We cannot wait to bring the magic of M&S to even more customers across the capital. Expanding our presence in London is a key part of our growth strategy – our market share in food is higher here than any region in England and there is plenty of untapped potential.”\nCustomers at the 12 renewal stores across London will benefit from bigger in-store bakeries, dedicated Flower and Wine shops. Each will also have Click & Collect facilities – 63% of M&S customers currently collect their online orders in-store.\nM&S has over 80 stores across Greater London and in recent years, has invested over £20 million in its London store estate.\nM&S chief executive Stuart Machin says the retailer’s financial health is “the best it has been in decades”.\nLast year it sold 60 million pairs of knickers 114 pairs a minute.\nTuesday 28 May 2024 08:44,Michael Hunter\nCost-conscious customers turning to Victorian Plumbing’s own-brand products helped boost profit and margin at the firm, even as overall revenue dipped.\nRevenue in the six months to the end of March slipped 1% to £144.6 million. Gross profit rose 8% to just over £72 million, with margin up 4 percentage points to 50%, also helped by lower shipping costs.\nThe Merseyside-based firm said demand for “big-ticket” items used in bathroom refurbishments was “unchanged”.\nThe number of total orders rose 2% to 494,000 in the period. It also bought a similarly named rival, Victoria Plum, in May for almost £23 million, which it expects to mean gains in market share.\nMark Radcliffe, CEO of the £317-million firm, called its performance “robust” and added:\n“Continued investment in our brand, epitomised by our three-year partnership with Bolton Wanderers Football Club, alongside our unrelenting approach to online marketing and an ever-improving customer experience, provides strong foundations for the future.”\nTuesday 28 May 2024 08:38,Graeme Evans\nRolls-Royce is the best performing stock in an otherwise lacklustre FTSE 100, with the engine giant’s shares up another 3% or 11.3p to 456.1p.\nOther blue-chips up by 1% or more include Ocado, easyJet and Barclays.\nPersimmon is the weakest performer, down 2% or 29p to 1452p after Sky News reported that the housebuilder is considering a £1 billion takeover bid for Cala Group,\nThe FTSE 100 index has fallen 9.60 points to 8307.99, while the FTSE 250 index is 32.09 points higher at 20,803.02.\nThe AIM-listed shares of Victorian Plumbing have given up some of their recent strength, down 3p to 94.6p following the release of half-year results.\nTuesday 28 May 2024 08:14,Daniel O\'Boyle\nStruggling nightlife operator Revolution Bars has rejected a rescue deal from rival Nightcap, arguing the “highly speculative” offer “is incapable of being delivered”.\nRevolution has been in talks with at least 32 potential suitors for a deal to save the student haunt chain. That includes Nightcap, which revealed last month it was interested in buying some or all of the Revolution business.\nRead more here\nTuesday 28 May 2024 07:39,Simon Hunt\nRevolution Bars has rejected a takeover offer from rival Nightcap after warning that the proposal was “incapable of being delivered.”\nThe firm has instead opted to begin a fundraising with shareholders and a restructuring to cut costs as it warned it would be under liquidity pressure as soon as July.\nRevolution Bars said: “Following legal advice, the Board has concluded that the Nightcap proposal is incapable of being delivered.\n“There were a number of challenges to the delivery of the Nightcap proposal, which was a highly conditional proposal and which was subject to multiple equity fundraisings by Nightcap, assumptions regarding the support of the Company’s and Nightcap’s respective lenders, material due diligence,\xa0 as well as significant time, material cost and potential untested legal and procedural issues.”\nTuesday 28 May 2024 07:37,Simon Hunt\nThere was a long-held feeling in the City, and among customers, was thatM&S— part of British life since 1884 — was complacent. Chief executives came and went and either decided the problems were too big to fix or simply didn’t notice them in the first place. They took their share options and moved on.\nOnly whenArchie Norman, the former MP and chief executive of Asda, arrived as chairman in 2017 was there any sense of urgency.\nLike alcoholics in denial, M&S’s first big step was to admit to the size of the problem. Systems were clunky, the stores unappealing. The food was okay, but the clothes had been dowdy for years. The typical 60-year-old M&S woman no longer saw herself as old and didn’t care for the frumpy dresses on offer. Complaints about M&S bras were common. They just didn’t fit.\nLast week, after a recovery period of nearly 30 years in the making, M&S reported a58 per cent leapin annual profits to £716 million on sales of more than £13 billion.\nThe City is talking of future profits of £1 billion, an amount M&S has reached only twice before in its history, under Sir Richard Greenbury in 1997, and Sir Stuart, now Lord Rose, a decade later.\nWhat has changed? For a start staff were made to feel part of the business again. Chief executive Steve Rowe and chairman Norman decided the management were detached from the stores and therefore the customer.\nIt again looks like one of the kings of retail, which must be good for the whole of the high street. If shopping in M&S is a pleasure once more, maybe people will try the stores either side of it too.\nM&S as saviour of the high street seemed a very unlikely idea until just now. Paxman’s gusset anxiety is over.\nTen years ago, it didn’t look like M&S had much of a future. It would sell lunchtime sandwiches and boring shirts to office workers. Instead, the product overhaul has been huge.\n~\nHere’s a summary of our top headlines from Friday:\n• Shock plunge in retail salesdeals Sunak big pre-election economic blow as official figures revealed retail sales fell by a shock 2.3% in April - City economists had expected a much more modest 0.4%\n• Abrdn CEO Stephen Bird is leavingthe funds giant with immediate effect, weeks after a top exec said mocking the struggling funds giant’s ‘disemvowelled’ name was “corporate bullying”\n• Power bills: A typical household\'s yearly energy bill will fall by £122 in Julyunder the regulator Ofgem\'s new price cap. The latest quarterly cap for England, Wales and Scotland means a household using a typical amount of gas and electricity will pay £1,568 a year.\n• GSK court victory as itsZantac drug is cleared of causing cancer\nTuesday 28 May 2024 07:36,Daniel O\'Boyle\nPrivate equity group ICG warned today that the "investing environment remains uncertain and potentially volatile, even as profits more than doubled in the year to 31 March.\nThe business has $26.3bn of "dry powder" for acquisitions, but says it\'s not under pressure to deploy it yet. Private equity businesses accumulated huge resources for acquisitions in recent years, leading to a buying spree that has taken many big companies like Dechra Pharmaceuticals and Darktrace off of London’s stock market.\nProfits soared to £597.8\xa0 million while assets under management grew by 23% to almost $100 billion. Companies in ICG’s portfolio include tourism business European Camping Group and cybersecurity business Digicert.\nTuesday 28 May 2024 07:15,Graeme Evans\nThe FTSE 100 index is set for a subdued start to the week, despite yesterday’s stronger session for European markets.\nBenchmarks in France and Germany rose by about 0.5%, fuelled by hopes that the European Central Bank will cut interest rates at its meeting next month.\nWith Wall Street closed for a holiday on Monday, Asia markets have traded slightly lower following yesterday’s much stronger session.\nThe FTSE 100 index finished 21.64 points lower at 8317 on Friday and is forecast by IG Index to open today’s session down by about 0.1%.\nBrent Crude has started the week slightly higher at $83.17 a barrel while the pound is trading at just below $1.28.', "Wallets linked to the now-defunct Bitcoin exchange Mt. Gox initiated the transfer of over 140,000Bitcoin (BTC), amounting to approximately $9 billion, to an unknown address during the early hours of Tuesday in Asia. This spooked markets, causing BTC to decline by over 2.3%, reaching as low as $67,680 after reaching a high of over $70,000 on Monday.\nMt. Gox, which once held the title of the largest Bitcoin exchange globally, shuttered its operations in 2014 after suffering a massive hack that resulted in the loss of hundreds of thousands of BTC. Since then, creditors have eagerly awaited the repayment of their holdings, which has been anticipated to place selling pressure on BTC markets.\nAnalysis of wallet activity reveals that these transfers were executed through thirteen transactions. On May 20, a test transaction of $3 was conducted, followed by a smaller transaction of $160 on Tuesday. The remaining transactions ranged from $1.2 million to a staggering $2.2 billion worth of bitcoin. All of Mt. Gox's Bitcoin holdings have now been consolidated into a single Bitcoin wallet.\nNobuaki Kobayashi, the rehabilitation trustee overseeing the process, released a statement clarifying that no sale of Bitcoin or Bitcoin cash (BCH) had occurred. He assured stakeholders that the group was handling the management of Bitcoin and Bitcoin cash in a secure manner.", "Wallets linked to the now-defunct Bitcoin exchange Mt. Gox initiated the transfer of over 140,000Bitcoin (BTC), amounting to approximately $9 billion, to an unknown address during the early hours of Tuesday in Asia. This spooked markets, causing BTC to decline by over 2.3%, reaching as low as $67,680 after reaching a high of over $70,000 on Monday.\nMt. Gox, which once held the title of the largest Bitcoin exchange globally, shuttered its operations in 2014 after suffering a massive hack that resulted in the loss of hundreds of thousands of BTC. Since then, creditors have eagerly awaited the repayment of their holdings, which has been anticipated to place selling pressure on BTC markets.\nAnalysis of wallet activity reveals that these transfers were executed through thirteen transactions. On May 20, a test transaction of $3 was conducted, followed by a smaller transaction of $160 on Tuesday. The remaining transactions ranged from $1.2 million to a staggering $2.2 billion worth of bitcoin. All of Mt. Gox's Bitcoin holdings have now been consolidated into a single Bitcoin wallet.\nNobuaki Kobayashi, the rehabilitation trustee overseeing the process, released a statement clarifying that no sale of Bitcoin or Bitcoin cash (BCH) had occurred. He assured stakeholders that the group was handling the management of Bitcoin and Bitcoin cash in a secure manner.", "BlackRock, one of the world's largest asset managers, revealed in regulatory filings that its income and bond-focused funds invested in shares of its ownBitcoinexchange-traded fund (ETF) during the first quarter. The filings with the Securities and Exchange Commission showed that the Strategic Income Opportunities Fund (BSIIX)acquired$3.56 million worth of shares in the iShares Bitcoin Trust (IBIT), while the Strategic Global Bond Fund (MAWIX)bought$485,000 worth of IBIT.\nIt's important to note that the IBIT shares represent only a small fraction of the investment portfolios of BSIIX and MAWIX, which are valued at $37.4 billion and $776.4 million, respectively.\nAs of May 24, the iShares Bitcoin Trust held around $19.61 billion worth of Bitcoin, making it the second-largest holder of Bitcoin assets, just behind the Grayscale Bitcoin Trust (GBTC), which held $19.76 billion as of May 28. The global holdings of spot Bitcoin ETFs now exceed 1 million Bitcoin, with a total value of over $68 billion. This accounts for nearly 5.10% of the circulating supply of Bitcoin, which stands at over 19.7 million BTC, according to CoinMarketCap.\nRecent Securities and Exchange Commission filings revealed that more than 600 investment firms in the United States have invested in spot Bitcoin ETFs since their launch in January. Notable institutions such as Morgan Stanley, JPMorgan, Wells Fargo, Royal Bank of Canada, BNP Paribas, UBS, as well as hedge funds like Millennium Management and Schonfeld Strategic Advisors. Among these firms, Millennium Management has emerged as the largest accumulator of spot Bitcoin ETFs, with $1.9 billion invested.", "BlackRock, one of the world's largest asset managers, revealed in regulatory filings that its income and bond-focused funds invested in shares of its ownBitcoinexchange-traded fund (ETF) during the first quarter. The filings with the Securities and Exchange Commission showed that the Strategic Income Opportunities Fund (BSIIX)acquired$3.56 million worth of shares in the iShares Bitcoin Trust (IBIT), while the Strategic Global Bond Fund (MAWIX)bought$485,000 worth of IBIT.\nIt's important to note that the IBIT shares represent only a small fraction of the investment portfolios of BSIIX and MAWIX, which are valued at $37.4 billion and $776.4 million, respectively.\nAs of May 24, the iShares Bitcoin Trust held around $19.61 billion worth of Bitcoin, making it the second-largest holder of Bitcoin assets, just behind the Grayscale Bitcoin Trust (GBTC), which held $19.76 billion as of May 28. The global holdings of spot Bitcoin ETFs now exceed 1 million Bitcoin, with a total value of over $68 billion. This accounts for nearly 5.10% of the circulating supply of Bitcoin, which stands at over 19.7 million BTC, according to CoinMarketCap.\nRecent Securities and Exchange Commission filings revealed that more than 600 investment firms in the United States have invested in spot Bitcoin ETFs since their launch in January. Notable institutions such as Morgan Stanley, JPMorgan, Wells Fargo, Royal Bank of Canada, BNP Paribas, UBS, as well as hedge funds like Millennium Management and Schonfeld Strategic Advisors. Among these firms, Millennium Management has emerged as the largest accumulator of spot Bitcoin ETFs, with $1.9 billion invested.", 'Block(NYSE: SQ), in its original iteration as Square, was an investor\'s dream. It offered innovative, disruptive technology for businesses, and it followed up an enticing premise with new products and services that met its customers\' needs. Investors poured in, and the stock had soared more than 2,000% by the time it reached its highs in 2021. It has since come crashing down, and it\'s now trading 74% off its highs.\nLet\'s see how things are going at Block, and where it might be a year from now.\nBlock is still reporting growth from its two "ecosystems": the Square sellers business, and the Cash App personal finance app.\nSquare offers software and hardware packages for small and medium-size businesses that automate and unify many processes, such as accounts payable, accounts receivable, inventory, and payment processing, creating an easily managed, efficient operation.\nCustomers say they love its flexible, easy-to-use platform. For example, some of its customers don\'t fit into a pre-packaged category like a restaurant or grocery store -- they might have a bit of both. Square\'s platform allows them to customize their software.\nBlock has been focusing on capturing market share from larger businesses, a more lucrative market that has higher gross payment volume (GPV). Total GPV increased 9% year over year in the first quarter, and total revenue increased 11%.\nIt\'s likely to continue on this trajectory for at least the next year, attracting new, larger customers and reporting higher revenue and gross profit. Management sees a $130 billion market opportunity and only 5% penetration, so this business offers almost endless opportunities for a company like Block that knows how to pinpoint needs and create real solutions.\nCash App is equally popular, providing user-friendly digital services to manage money. It\'s known for its peer-to-peer payment services, but it now also offers investments, bank accounts, and more. Block is trying to turn Cash App into a full financial services app that appeals to a broader demographic beyond its core of millennial users.\nRevenue from the Cash App segment increased 23% year over year in the first quarter. Block sees large opportunities in converting members to different services on the app and increasing overall engagement with the platform. It\'s working to get customers to move over their financial transactions to Cash App and use it for things like paying bills and direct deposit. A year from now, this business should still be growing at double-digit rates and offer even better, targeted services for this population.\nThe elephant in the room here isBitcoin. Block hasinvested in Bitcoinin several ways, beginning with buying $220 million worth over the past few years. CEO Jack Dorsey sees the need for a decentralized, native currency for the internet, and he thinks that\'s going to be Bitcoin.\nDorsey is a visionary leader, so there\'s reason to be confident about his approach. He created Block as well as Twitter, which he stepped away from to focus on Block.\nBlock has developed several initiatives in efforts to bring Bitcoin into people\'s lives. Dorsey sees this as working together with the mission of Block to create an open, democratic financial system to improve the economy for everyone.\nBitcoin plays a role in Block\'s revenue, since it counts Bitcoin trading on Cash App as revenue. With Bitcoin, revenue increased 19% year over year in the first quarter, and without Bitcoin trading, it increased 14%.\nBlock\'s performance over the next year will be partially influenced by how Bitcoin does -- not only in its own price movement, but in the public\'s acceptance of it. Dorsey said that investments in Bitcoin-based products only take up 3% of Block\'s resources, and Block\'s main businesses are performing well without it.\nBlock is still growing its businesses, but it has struggled with profitability over the past few years. It reported strong progress in the first quarter, with positive operating income and net income. Gross margin on the basis of generally accepted accounting principles (GAAP) has improved from lows, but it\'s still below pre-pandemic levels, while operating margin has surpassed them.\nManagement made a commitment to get costs under control, and it\'s demonstrating results. This is what investors need to watch over the next year. If profitability continues to improve while revenue grows, Block will be in an excellent place and the stock should rise.\nGiven that, you might think that Block stock would have soared after the first-quarter report. It didn\'t, because investors are still wary of the Bitcoin focus. Keep that in mind when considering buying Block stock and trying to guess where it will be a year from now.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $652,342!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 28, 2024\nJennifer Saibilhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has adisclosure policy.\nWhere Will Block Stock Be in 1 Year?was originally published by The Motley Fool', 'Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” first quarter 2024 investor letter. A copy of the letter can bedownloaded here. Equity markets surged at the beginning of 2024 in anticipation of the US economy entering a "goldilocks" scenario - a soft landing combined with decreasing inflation, potentially leading to a cut in interest rates by the Fed. In the first quarter, its Investor Class fund ARTSX returned 9.43%, Advisor Class fund APDSX posted a return of 9.42%, and Institutional Class fund APHSX returned 9.48%, compared to a return of 7.58% for the Russell 2000 Growth Index. In addition, please check the fund’s top five holdings to know its best picks in 2024.\nArtisan Small Cap Fund highlighted stocks like MicroStrategy Incorporated (NASDAQ:MSTR), in the first quarter 2024 investor letter. MicroStrategy Incorporated (NASDAQ:MSTR) provides artificial intelligence-powered enterprise analytics software and services. The one-month return of MicroStrategy Incorporated (NASDAQ:MSTR) was 62.93%, and its shares gained 455.43% of their value over the last 52 weeks. On May 28, 2024, MicroStrategy Incorporated (NASDAQ:MSTR) stock closed at $1,675.35 per share with a market capitalization of $29.716 billion.\nArtisan Small Cap Fund stated the following regarding MicroStrategy Incorporated (NASDAQ:MSTR) in its first quarter 2024 investor letter:\n"Extremely strong returns by two sector constituents, Super Micro Computer andMicroStrategy Incorporated(NASDAQ:MSTR), contributed 393bps (52%) to the index’s return and gave them the largest combined weighting in the index’s history. Regarding MicroStrategy, the company started the year with a 0.6% index weighting and a market value of $10.6 billion and ended the quarter at 1.9% and $28.7 billion. Our decision to avoid this company comes down to a lack of conviction in its franchise characteristics. The stock has worked this year due to a rebound in the price of bitcoin. Since 2020, MicroStrategy has been focused on converting its cash and cash equivalent holdings, as well as issuing debt, to fund the purchase of bitcoin, which now totals ~$15 billion."\nA software engineer wearing a headset, collaborating with a remote team on a project.\nMicroSt Last 60 Days of Bitcoin's Closing Prices:* [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,329,055,992,084 - Hash Rate: 574663654.7653158 - Transaction Count: 725428.0 - Unique Addresses: 449070.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Securities and Exchange Commission (SEC) hasdelayedits decision on a rule change that would allow an Invesco Galaxy spot Ethereum exchange traded fund to begin trading, the agency said in a filing posted Monday. The SEC extended its deadline by 60 days and will decide whether to approve or reject the Invesco application for the rules change by July 5. “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC said in the filing. The SEC hasalready delayedapplications for spot Ethereum ETFs from BlackRock Inc., Fidelity Investments, VanEck, and ARK Invest in recent months. The proposed funds are unique from Ethereum futures funds, which the SEC approved last year, because they are based primarily on ether—the cryptocurrency of the Ethereum blockchain—instead of futures contracts. The agency hasfinal deadlinesof May 23 to rule on the VanEck application and May 24 to decide on ARK. Yet the SEC hashesitated to approve the spot Ethereum ETFs over concerns about market manipulation and fraud, which agency Chairman Gary Gensler has argued plague digital assets, and which presented an obstacle before the Jan. 10 approval of 10 spot bitcoin ETFs (an 11th fund subsequently started trading in March). Read More:SEC Delays Decision on Allowing Spot Bitcoin ETF Options Trading After soaring for more than a year, ether's price has dropped 10% over the past month to trade just above $3,000, as investors spooked by inflation and macroeconomic uncertainties have shied away from risk-on assets. Ether hit an all-time high near $4,200 in March, according to cryptocurrency markets data provider CoinMarketCap. Meanwhile, optimism that the SEC will approve spot Ethereum ETFs has waned, with Gensler reiterating on different occasions that approval of one type of spot digital asset fund did not mean the agency would approve others. Analystshave notedthe agency’s lack of back-and-forth with issuers in recent weeks, similar to the final run-up before the agency's approval of spot bitcoin funds. The SEC was able to satisfy its consumer protection concerns about the spot bitcoin ETFs in a flurry of meetings with issuers during the weeks preceding their approval. Bloomberg ETF analysts Eric Balchunas and James Seyffart have lowered their odds of spot Ethereum ETF approval in May from roughly 75% to 25%. Issuers are optimistic that ether-based funds could generate robust inflows amid rising market interest in cryptocurrency investments. The 11 spot bitcoin ETFs have generated about $11.7 billion in inflows and have acombined assetsunder management of about $55 billion after only four months of trading, according to U.K.-based investment management firm Farside Investors. Read More:BlackRock's IBIT Has 1st Outflows as Crypto Fervor Dips Contact Lucy Brewster [email protected]. Permalink\| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/v2Quad', 'Tarkov luck', 51, '2024-05-29 00:40', 'https://www.reddit.com/r/EscapefromTarkov/comments/1d2wtp9/tarkov_luck/', "Did a scav run on streets, got into relax room and found 4x BTC and the rest of good loot, all the injectors I needed, and a LEDx. Then ran to the mall for Exfil, found TWO bloody rusty keys after days of searching, immediately ran to exfil clinching my cheeks harder than I ever have. Exfil, then crashed to find out servers are down. If I lose what I got from that run I am gonna have a stroke. Tarkov'd!", 'https://www.reddit.com/r/EscapefromTarkov/comments/1d2wtp9/tarkov_luck/', '1d2wtp9', [['u/WitheredWriter', 17, '2024-05-29 00:43', 'https://www.reddit.com/r/EscapefromTarkov/comments/1d2wtp9/tarkov_luck/l63cpa3/', "Nah, you'd get it back\n\nSauce: trust me, had that happened twice this season", '1d2wtp9']]], ['u/RichardKranium13', 'Ok bitches. I will shove an avocado up my ass if Wutang theory is real.', 398, '2024-05-29 01:32', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/', 'In fact if GameStop ever fucks with NFTs again. I will hold that bet or be banned for life. Mods get In here. I stand by my position that NFTs are fucking retarded and that half the people here don’t know shit about em. Sure In a hypothetical it makes sense but NFTs got hyped to DEATH and this recent Java script find has been literal Shilling! That market went pretty much nowhere in my honest opinion. I agree with the technology but the application is shit. Here especially. There is huge FUD happening that leans toward buying crypto and every single fuck in third world earth is trying to scam us right now. If game stop in anyway fucks with NFT again I will literally shove an avocado up my ass. Fuck NFTs buy, hold, drs. The plan hasn’t changed. How the FUCK are you going to compete with the likes of Amazon when you only cater to your apes with fucking NFTs. America doesn’t even understand bitcoin. Get real nerds and get back to doing what we do best. Buying and holding. Thanks for reading my DD. This is just my opinion and not financial advice. ', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/', '1d2xzld', [['u/RichardKranium13', 50, '2024-05-29 01:38', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63kyih/', 'I’m fully prepared. My ass has been tight for 3 years.', '1d2xzld'], ['u/TofuKungfu', 13, '2024-05-29 01:45', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63lx1n/', 'Including the avocado seed? 🧐', '1d2xzld'], ['u/RichardKranium13', 11, '2024-05-29 01:48', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63mb6w/', 'Full Avocado straight out the plastic', '1d2xzld'], ['u/satansayssurfsup', 58, '2024-05-29 01:51', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63mvyk/', 'Sounds like you just want to shove something up your butt. I love it.', '1d2xzld'], ['u/RichardKranium13', 11, '2024-05-29 01:54', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63nazj/', 'I’ll leave it to a vote', '1d2xzld'], ['u/HodlMyBananaLongTime', 29, '2024-05-29 01:54', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63nb36/', 'Where the fuck avocados come in plastic ?', '1d2xzld'], ['u/RichardKranium13', 30, '2024-05-29 01:55', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63ncho/', '![img](emote\|t5_2u6vg\|7058)', '1d2xzld'], ['u/RichardKranium13', 11, '2024-05-29 01:56', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63nlmc/', 'Also there’s plastic in your balls lol', '1d2xzld'], ['u/Doot_Dee', 11, '2024-05-29 01:58', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63nwym/', 'fuck it... Ima gonna do it anyway.', '1d2xzld'], ['u/Moribunde', 12, '2024-05-29 02:04', 'https://www.reddit.com/r/GME/comments/1d2xzld/ok_bitches_i_will_shove_an_avocado_up_my_ass_if/l63oslb/', "Not sure if that's prepared in this context", '1d2xzld']]], ['u/Icy_Amphibian_JASMY', 'JASMY KPI Math: The Road to $17.87', 36, '2024-05-29 02:15', 'https://www.reddit.com/r/JasmyToken/comments/1d2ywij/jasmy_kpi_math_the_road_to_1787/', 'I am reposting this since everybody is obsessed with price predictions. I still stand by this. When will this happen? It really could happen in 2026, and if not, I don’t see it taking longer than 2030.\n\nThere is no “realistic view” when it comes to crypto and market caps.\n\nI’ll tell you what is realistic…. Right now, there are useless meme coins have market caps in the tens of billions of $USD…. There is nothing else being built like JASMY and it is well established in legal precedence… Adding the crypto’s FET+OCEAN+AGIX+RNDR = $7.5 Billion right now (AND THAT IS WHAT JANCTION WILL BE)… I could go on and on…\n\nOriginal post: \n\nhttps://www.reddit.com/r/JasmyToken/s/wEm568sZ7e\n\nNote: Original Post had a small clerical error, using 106 instead of 107 million users. \n\n\nJASMY Inc. Key Performance Indicators (KPI) of Data Value and Price Data Ratio (PDR) - Resulting in Target Price $17.87\n\nJASMY\'s goals for 2026 are clearly documented:\n\n107 Million ACTIVE USERS (For reference: How Many People Own Crypto in 2022? Over 300 million people worldwide own cryptocurrencies, which includes coins such as Bitcoin and Ethereum.)\n\n2024 Note: We are up to approximately 400 million global crypto users. 107 million would be 25% of the entire user base right now.\n\n[https://earthweb.com/cryptocurrency-statistics/](https://earthweb.com/cryptocurrency-statistics/)\n\nAverage Data Value per capita of $500 (Unit of $USD$ confirmed by CFO Harada-san in latest AMA)\n\nPrice Data Ratio of 16.7x\n\n\n\nFrom AMA:\n\nHARA\\_Jasmy/TOK — Today at 10:30 PM \nCurrently, we have three goals that we have already set forth. \n(1) Number of users: 107M \n(2) Data Value 500USD \n(3) PDR 16.7 \nWe are now preparing even more detailed KPIs. \n\n\n\nLet\'s Review the Rules of Ratios:\n\n"A ratio is a way of comparing two or more similar quantities. A ratio of 2 cm to 5 cm is written as 2 : 5. A ratio is normally written using whole numbers only, with no units, in its simplest form. *The numbers in a ratio must be written using the same units.* If they are not, they should be converted to the same units. It does not matter which units are used for the conversion."\n\n[https://www.mathcentre.ac.uk/resources/uploaded/mc-ty-ratios-2009-1.pdf](https://www.mathcentre.ac.uk/resources/uploaded/mc-ty-ratios-2009-1.pdf)\n\n"In a:b, a/b (when b≠0) is called the value of the ratio . Things with the same ratio have the same ratio value. For example, the value 8/6 in the ratio 8:6 is reduced to 4/3, which is equal to the value 4/3 in the ratio 4:3. The ratio value a/b is sometimes called the ratio as it is. Also, a/b can be said to be \'the ratio of a to b\'."\n\n[https://ja.wikipedia.org/wiki/%E6%AF%94](https://ja.wikipedia.org/wiki/%E6%AF%94)\n\n\n\nNOW LET\'S PERFORM THE MATH USING KPIs:\n\n* 107,000,000 \\[Users\\] x $500 \\[Average Data Value per User\\] = $53.5 Billion\n* Now, if JASMY\'s market cap was $53.5 Billion, JASMY Coin\'s price would be $1.07\n* BUT THIS SYSTEM WILL HAVE JASMY COIN STAKED & LOCKED AS A UTILITY TOKEN BY 107 MILLION ACTIVE USERS AND MULTIPLE COMPANIES, AS REQUIRED TO ACCESS THE DATA MARKET PLACE, MAKING IT MORE SCARCE & MORE VALUABLE - HENCE THE PDR MULTIPLIER\n\n2024 Note: My screaming did not include JANCTION utility of $JASMY COIN…\n\nPrice Data-value Ratio : 16.7x = \\[JASMY Coin market capitalization (\\1)\\] / \\[Total user-user data value in the platform (\\2)\\]\n\n(\\1) Market Price x Market Circulation Supply\n\n(\\2) Number of active users (data lockers) x data value per user \n\n\n\n16.7 x $1.07 = $17.87 = JASMY Price @ KPIs\n\n', 'https://www.reddit.com/r/JasmyToken/comments/1d2ywij/jasmy_kpi_math_the_road_to_1787/', '1d2ywij', [['u/PeachesPanTao', 14, '2024-05-29 03:47', 'https://www.reddit.com/r/JasmyToken/comments/1d2ywij/jasmy_kpi_math_the_road_to_1787/l6449ff/', 'Not sure what I just read but $17.87 would solve a few problems for me.', '1d2ywij'], ['u/randskarma', 11, '2024-05-29 03:48', 'https://www.reddit.com/r/JasmyToken/comments/1d2ywij/jasmy_kpi_math_the_road_to_1787/l644elg/', "Doge has no limit on supply, and that hit 70 cents!!!! And still trades 7x higher than jasmy atm. This space is all about marketing and people throwing money at big green candles. It jasmy even achieves $1. My life at 55 will be changed for the rest of it. People work their whole lives and sacrifice so much of it for their jobs, crypto can change anyone's life, if they're lucky enough and choose the right coins to buy.", '1d2ywij']]], ['u/Financial_Chemist286', '$1.00 Million BTC in 18 months where does that put $MSTR?', 17, '2024-05-29 03:06', 'https://www.reddit.com/r/MSTR/comments/1d2zz1w/100_million_btc_in_18_months_where_does_that_put/', 'Forbes article on Treasury Secretary blowing the whistle on ballonung USD shitcoin debt and calls for $1,000,000.00 $BTC in 18 months!!\n\nCould we hit $1.00m this cycle!? \n\nThat’s the question in how far we go and who will be there to make the gains but we know $MSTR is in the game to play and time will tell. \n\nFortunes are already being made and more to come! ', 'https://www.forbes.com/sites/digital-assets/2024/05/27/janet-yellen-issues-serious-34-trillion-warning-as-bitcoin-predicted-to-surge-to-1-million-price/?sh=1e1ee9a643be', '1d2zz1w', [['u/cameltoe30000', 12, '2024-05-29 03:55', 'https://www.reddit.com/r/MSTR/comments/1d2zz1w/100_million_btc_in_18_months_where_does_that_put/l645ee2/', 'I think that’s a few years out personally. We haven’t gone through the interest cutting bull cycle and I expect it to be long and drawn out.', '1d2zz1w'], ['u/itsthesecans', 12, '2024-05-29 04:52', 'https://www.reddit.com/r/MSTR/comments/1d2zz1w/100_million_btc_in_18_months_where_does_that_put/l64dpij/', 'To answer the question posed in the title, I’d expect MSTR to be $25,000 to $35,000 per share.', '1d2zz1w']]], ['u/JTennant83', 'Bitcoin Collateralized Loans', 60, '2024-05-29 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/', 'Just getting a feel for opinions on posting my bitcoin up as collateral where I possess the keys and there is no rehypothecation. I would only be willing to collateralize no more than 15% of my stack. Trying to work part time and start living off my bitcoin but not sell it. Any helpful advice? ', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/', '1d30oa9', [['u/MajorPain82nd', 32, '2024-05-29 03:57', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/l645mi6/', 'Just started learning about this. Mark Moss has a YouTube video about this topic including a nice calculator to help with future planning.', '1d30oa9'], ['u/na3than', 55, '2024-05-29 07:12', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/l64ulkt/', '>I possess the keys and there is no rehypothecation. \n\nWhy would a lender give you money when you have exclusive, total control of the collateral, including the ability to sell it?', '1d30oa9'], ['u/entilfeldigfyr69', 10, '2024-05-29 08:14', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/l650co1/', 'That sound very risky on the side of the lender. They essentially will give you money without the possibility of recouping a loss if you stop paying.\n\n\nI imagine the interest will be very high on such an arrangement since the risk is high.', '1d30oa9'], ['u/BigDeezerrr', 27, '2024-05-29 09:10', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/l6559q3/', "Usually it's in a multisig wallet where you have 1 of 3 or 4 keys. Basically, it's a system where you can confirm your Bitcoin is in a wallet and they're not doing anything else with it.", '1d30oa9'], ['u/JTennant83', 11, '2024-05-29 13:25', 'https://www.reddit.com/r/Bitcoin/comments/1d30oa9/bitcoin_collateralized_loans/l65r7ik/', 'Sorry I should have specified that I hold 1 of 3 keys, the bank holds one, and an outside entity holds the other, allowing me to monitor my bitcoin', '1d30oa9']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, May 29, 2024', 31, '2024-05-29 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/', '1d338hk', [['u/dopeboyrico', 43, '2024-05-29 06:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64mxte/', 'In 2021 BTC spent a total of 45 days at or above $60k.\n\nSo far this year BTC has spent 90 days, twice as many days, at or above $60k. The year isn’t even halfway over yet.\n\nThe longer the timeframe BTC establishes support above $60k the more likely it becomes that BTC never falls below $60k again whenever the next bear market occurs.', '1d338hk'], ['u/OnmipotentPlatypus', 19, '2024-05-29 06:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64npg7/', "Life insurance denominated in bitcoin. Not sure I'd trust it, but interesting to see new products coming out.\n\n\nhttps://meanwhile.bm/", '1d338hk'], ['u/aDerangedKitten', 27, '2024-05-29 06:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64qk8a/', 'Nah', '1d338hk'], ['u/_TROLL', 30, '2024-05-29 06:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64s526/', "Yeah, there's nothing sketchy about an outfit offering crypto-based U.S. life insurance out of Bermuda. 😳", '1d338hk'], ['u/cryptojimmy8', 13, '2024-05-29 07:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64ti0v/', 'Ill give it 95% chance it dips below 60k during the next bear market. I dont think ETFs will change that. If anything, they will contribute to even harder dips in panic times', '1d338hk'], ['u/Taviiiiii', 18, '2024-05-29 07:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64u7tw/', "Just don't die and you'll be fine.", '1d338hk'], ['u/_TROLL', 11, '2024-05-29 08:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l64zyks/', 'Until "next" is a multi-billion dollar Fortune 500 company, these things -- while encouraging -- are basically meaningless.', '1d338hk'], ['u/ChadRun04', 11, '2024-05-29 09:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l655fh8/', "Tell me they're broke without telling me they're broke.", '1d338hk'], ['u/ChadRun04', 10, '2024-05-29 09:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l655lqb/', 'I find most insurance works better if you never make a claim. ;)', '1d338hk'], ['u/DM_ME_UR_SATS', 13, '2024-05-29 09:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l656nk1/', 'Not meaningless to those companies. Getting everyone on board with the bitcoin standard is good. Who gives a shit if a few obscenely rich companies use bitcoin to get even more obscenely rich?', '1d338hk'], ['u/Shootinsomebball', 14, '2024-05-29 09:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l658tsf/', 'This is the exact thinking that will prompt people to have their stops just below 60k. \xa0And it’s the exact reason a cascade below 60k will flush them out. \xa0\n\nWhen will people learn not to assume anything in this market\xa0', '1d338hk'], ['u/whathappening1112', 14, '2024-05-29 12:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l65n9y6/', "It's neat how everyone acts like the hyperinflation of the past three years is non-existent when making the bull case for bitcoin. $60k in 2021 would be approximately $71.5k in today's US shit coin dollars, which is a figure bitcoin has only spent approximately two days above. But disregard, pay no attention and carry on.", '1d338hk'], ['u/imissusenet', 12, '2024-05-29 13:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l65p2o8/', '"Large numbers of leading international insurance companies operate in Bermuda.[188]\xa0Those internationally owned and operated businesses that are physically based in Bermuda (around four hundred) are represented by the\xa0Association of Bermuda International Companies\xa0(ABIC). In total, over 15,000 exempted or international companies are currently registered with the\xa0Registrar of Companies\xa0in Bermuda, most of which hold no office space or employees."\n\nThey may be sketchy AF, but insurance companies operating out of Bermuda is common.\n\nOn a completely unrelated note, "sketchy" is a DIE no-no word at my employer, so I continue to use it.', '1d338hk'], ['u/owenhehe', 10, '2024-05-29 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l65ve25/', 'This does not make any sense, so Bitcoin unbroke it?', '1d338hk'], ['u/Defacticool', 14, '2024-05-29 14:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l65vhhz/', 'Hyper inflation isn\'t just "large inflation". \n\nIf the last few years cumulative inflation can be described as "hyper" in your mind then america has had three separate hyperinflation periods since the 1950s alone. And another one if we count the immediate post ww2 inflation burst. \n\nAnd at that point the classification of "hyper inflation" is so vague and common as to be completely useless. \n\nThe entire cumulative US inflation post-covid isnt even bad enough to reach a single argentinian year. \n\nOur last few years heightened inflation has been bad enough without any needless alarmism.', '1d338hk'], ['u/dopeboyrico', 10, '2024-05-29 14:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l65xbqc/', 'Let’s work backwards on that: $60k today is the same as $50.1k at the beginning of 2021 after adjusting for inflation.\n\nNumber of days BTC spent at or above $50.1k in 2021 was 163 days. So we just need another 73 days with more than half of the year still remaining in order to match that. Also note that 2021 was 1 year post halving whereas 2024 is in the middle of a halving year.\n\nEven after adjusting for inflation, the long-term trend is clearly up.', '1d338hk'], ['u/MajorMighty', 12, '2024-05-29 14:31', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l65z31b/', 'Best not to die during a bear market year.', '1d338hk'], ['u/Far_Statement_2808', 13, '2024-05-29 14:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l6622y4/', 'From Investopedia: “Hyperinflation is an extreme case of monetary devaluation that is so rapid and out of control that the normal concepts of value and prices are meaningless. Hyperinflation is often described as inflation exceeding 50% per month, though no strict numerical definition exists.”\n\nJust to get the definition in the conversation.', '1d338hk'], ['u/xtal_00', 10, '2024-05-29 14:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l662ifr/', 'Greedy me looking for a 65k entry.', '1d338hk'], ['u/Cultural_Entrance312', 10, '2024-05-29 15:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l6632kf/', 'BTCs been crabbing for over a week now.\n\nThe hourly RSI is at 44.2 (average 47.9) at time of writing. Nearby resistance are 69, 70.3, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 67.4 66.7, 65.7, 64.5, 63, 61.7, 61.3, 60.5, 59, 57.5, 56.7, 55.7 and 54.5.\n\nOn the daily, the RSI is 54.0 and its average is currently at 58.1. Same resistances/supports as I mention in the hourly. A rising support line has developed. The 50 and 100 day SMA should start to act as support (64956/65077).\n\nBTC closed green for the week again. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It is currently 68.3 (75.5 average). A fat flag formation had formed, and BTC touched the upper resistance a 4^(th) time but is currently below it. If this is a continuation pattern and is the midpoint, the target would be about 106.7k. Main resistances were noted above.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May is currently green and will most likely stay that way. Current RSI 69.3\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/68vLmdWd/](https://www.tradingview.com/x/68vLmdWd/)\n\nDaily: [https://www.tradingview.com/x/39yDkgrH/](https://www.tradingview.com/x/39yDkgrH/)\n\nWeekly: [https://www.tradingview.com/x/pwi5wSof/](https://www.tradingview.com/x/pwi5wSof/)\n\nMonthly: [https://www.tradingview.com/x/fslETRnQ/](https://www.tradingview.com/x/fslETRnQ/)', '1d338hk'], ['u/jpdoctor', 13, '2024-05-29 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l66bbga/', "Not really. Total cash: $63M (ttm revenue is $66M, so they have a year's worth of revenue in the bank.)\n\n[https://finance.yahoo.com/quote/SMLR/key-statistics](https://finance.yahoo.com/quote/SMLR/key-statistics)", '1d338hk'], ['u/Mbardzzz', 22, '2024-05-29 16:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l66foal/', 'Companies adding btc to their balance sheets are asymmetrical bets as far as I’m concerned.', '1d338hk'], ['u/Sparta89', 19, '2024-05-29 16:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l66jdxd/', 'IBIT flipped GBTC in holdings yesterday. I assume FBTC will pass up GBTC by the end of the year too.\n\nDo you all expect the SEC to approve options on the BTC ETFs today? \n\nOptions premiums for BITO are really cheap right now. My guess is that traders are trying to exit their BITO futures options in anticipation of options for spot ETF options. Futures options are garbage compared to spot options considering how much worse they perform due to the costs associated with rolling futures.', '1d338hk'], ['u/kanyelibritarian', 14, '2024-05-29 16:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l66krq2/', '200 day moving average crawling up towards 60k. This seems significant.', '1d338hk'], ['u/abovealldreaming', 11, '2024-05-29 17:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l66m3c4/', "According to this SEC filing from 4/14, SEC should announce its decision on options on BTC ETFs today [https://www.sec.gov/files/rules/sro/nyseamer/2024/34-99921.pdf](https://www.sec.gov/files/rules/sro/nyseamer/2024/34-99921.pdf)\n\nHow big of a deal do we think this is? I was hoping to see a lot more upside after last week's ETH ETF announcement... hoping this gets approved today and gets the btc price train moving before month's end.", '1d338hk'], ['u/Sparta89', 11, '2024-05-29 17:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l66sx04/', "Options are very import for institutional adoption. They want to be able to hedge their risk and they still view BTC as very risky. Options allow for easy hedging. I don't expect any major immediate moves in the price due to options approval, but it is important in the long run for adoption.", '1d338hk'], ['u/mmouse-', 19, '2024-05-29 18:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l673bo8/', 'US bank holiday', '1d338hk'], ['u/WYLFriesWthat', 25, '2024-05-29 20:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l67h8et/', 'In other news, Gemini Earn users (myself included) were made whole moments ago. \n\nImma buy me another watch.', '1d338hk'], ['u/harrumphx', 10, '2024-05-29 20:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l67j051/', 'Inquiring minds want to know if any lessons have been learned. Will you ever stake your BTC again?', '1d338hk'], ['u/delgrey', 25, '2024-05-29 20:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l67j7io/', 'Dodged a bullet there huh. \n\nSo what new yield product do you recommend?', '1d338hk'], ['u/52576078', 21, '2024-05-29 20:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l67jp9b/', 'Dude is spending BTC on watches. Does that answer your question?', '1d338hk'], ['u/phrenos', 10, '2024-05-29 21:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l67rmnl/', "God they're so ugly. Like chinese dollar store ugly. As are 90% of Rolexes. I got myself a classy Breitling Navitimer after my first bubble.", '1d338hk'], ['u/xtal_00', 13, '2024-05-29 21:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l67sr4p/', 'Threw half back in around 67200.\n\nWait and see..', '1d338hk'], ['u/snek-jazz', 18, '2024-05-29 22:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d338hk/daily_discussion_wednesday_may_29_2024/l685x3j/', "I'm so glad I don't care at all about watches", '1d338hk']]], ['u/rBitcoinMod', 'Daily Discussion, May 29, 2024', 27, '2024-05-29 08:09', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1d2ciax/daily_discussion_may_28_2024/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/', '1d35acg', [['u/GoElastic', 12, '2024-05-29 08:52', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l653q89/', 'massive if true', '1d35acg'], ['u/tesseramous', 10, '2024-05-29 10:10', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l65a3c6/', 'It went straight from the bottom to ATH without any kind of serious correction. There is alot of consolidation to be done before it just rips through ATH earlier than it was even supposed to.', '1d35acg'], ['u/Top_Mathematician895', 10, '2024-05-29 11:59', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l65ittl/', 'Anyone worried about the lack of huge % daily gains needs to refocus their investment horizon. Slow steady growth with boring pauses is excellent for the price stability and continued adoption.', '1d35acg'], ['u/Top_Mathematician895', 13, '2024-05-29 12:50', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l65nifc/', 'Blackrock has officially flipped greyscale. Anyone have any bets as to when Fidelity follows suit? Current FBTC holdings of 162k bitcoin, GBTC 287k', '1d35acg'], ['u/jeff_varszegi', 13, '2024-05-29 14:47', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l661809/', "The way I see it, pressure is building. The longer it's suppressed, the stronger the eventual spike. It'll all even out in the end.", '1d35acg'], ['u/el_rico_pavo_real', 10, '2024-05-29 15:29', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l6677l9/', 'I bought some Bitcoin today. Just felt right.', '1d35acg'], ['u/CaptainDr', 10, '2024-05-29 17:05', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l66meuz/', 'if you believe it could go to $100,000 or $1,000,000 you are going to have to accept your average price will continue to increase', '1d35acg'], ['u/Ancient_Potential_96', 12, '2024-05-29 17:18', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l66ombx/', 'Yeah, that is correct. Another way to look at it would be: Instead of losing half of your wealth in 35 years (at 2% CPI), you will lose it in 23 years (at 3% CPI). That being said, these percentages are fake, and the actual inflation is much worse.', '1d35acg'], ['u/escodelrio', 12, '2024-05-29 18:03', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l66wi7s/', "Historical Bitcoin prices for today, May 29th:\n\n2024 - $67,678\n\n2023 - $27,739\n\n2022 - $29,465\n\n2021 - $34,585\n\n2020 - $9,425\n\n2019 - $8,648\n\n2018 - $7,468\n\n2017 - $2,278\n\n2016 - $516\n\n2015 - $237\n\n2014 - $564\n\n2013 - $132\n\n2012 - $5.2\n\n2011 - $8.40\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.33 trillion.\n\nBitcoin's current block height is 845660; with the average block time for the last 7 days being 9.57 minutes.\n\nBitcoin's current block reward is 3.125₿, which is worth $211,494 per block.\n\nThe next Bitcoin halving is anticipated to happen between 22-Mar-2028 to 20-Apr-2028; the block reward will fall to 1.5625₿.\n\nThere are currently 19,386 reachable Bitcoin nodes.\n\nBitcoin's average daily hashrate for the last 7 days is 638 exahashes per second.\n\nBitcoin's average daily trading volume for the last 7 days is 53,990 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 700,082.\n\nBitcoin's average transaction fee for the last 7 days is 18.69 sats/VB, with the average fee's USD amount being $2.23.\n\nThere are currently 19.70M ₿ in circulation, leaving 1.30M to be mined.\n\nThere are currently 2.54M ₿ held by companies, governments, DeFi, and ETFs, representing 12.91% of circulating supply.\n\nThere are currently 53,931,503 nonzero Bitcoin addresses.\n\nBitcoin's average daily price from 18-Jul-2010 to 29-May-2024 is $11,531.\n\nBitcoin's average daily price for the year 2024 is $58,260.\n\n1 US Dollar ($) currently equals: 1,478 satoshis; making 1 penny equal 14.78 sats.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 8.22% from the ATH.", '1d35acg'], ['u/Realistic-Jelly8133', 14, '2024-05-29 18:20', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l66zh5f/', 'Would you rather have 1 Bitcoin at an average DCA cost of $20k or 2 Bitcoin with an average DCA cost of $40k?\n\nWhich of these wins in the long run?', '1d35acg'], ['u/DogCallCenter', 10, '2024-05-29 18:33', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l671m41/', "Get over it and quit being a financial moron. If you think it's worth investing in, DCA is just a bragging point.", '1d35acg'], ['u/CaptainDr', 10, '2024-05-29 18:56', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l675ovp/', 'Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the U.S., GAM’s Julian Howard has said.\n\nMaybe it was making the reserve requirement zero percent and then allowing JP Morgan to "digitally print dollars"', '1d35acg'], ['u/Final_Assistant_9629', 12, '2024-05-29 19:10', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l6781en/', 'Gonna buy a small amount today. My logic is keep buying', '1d35acg'], ['u/CaptainDr', 10, '2024-05-29 21:31', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l67wqig/', 'we are at a crossroads in history right now and all the signs in the world are pointing at bitcoin. it could not be more glaringly obvious that bitcoins time has come', '1d35acg'], ['u/bbiittccooiinn', 11, '2024-05-29 22:33', 'https://www.reddit.com/r/Bitcoin/comments/1d35acg/daily_discussion_may_29_2024/l687jdf/', 'And months of you whining. When will you finally sell so we can be spared from that?', '1d35acg']]], ['u/CurrentHistorical152', '2 bitcoin help', 79, '2024-05-29 10:04', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/', "Why are there 2 different bitcoins? I'm in the Phantom wallet.\n\nPorque existen 2 bitcoin diferentes estoy en la cartera de phantom ", 'https://i.redd.it/lkb4uhz0pb3d1.jpeg', '1d36wvi', [['u/BlueM92', 44, '2024-05-29 10:13', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l65aap5/', "Go with BTC taproot it's the latest upgrade giving better privacy, lower transaction fees and gives the network improved scalability by reducing the amount of stored data.", '1d36wvi'], ['u/riplin', 41, '2024-05-29 10:24', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l65b6ey/', '> Why are there 2 different bitcoins?\n\nThose are both Bitcoin, just different address / transaction types.', '1d36wvi'], ['u/BlueM92', 29, '2024-05-29 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l65cbv1/', 'Only one btc, just different btc addresses.', '1d36wvi'], ['u/BTCMachineElf', 22, '2024-05-29 10:44', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l65crmf/', "There is only one Bitcoin, but a few different wallet/address types. They're all compatible and there's nothing to really worry about here.", '1d36wvi'], ['u/Dettol-tasting-menu', 10, '2024-05-29 10:51', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l65daw5/', 'Both are bitcoin. Just think of it as different address formats.', '1d36wvi'], ['u/pwuille', 77, '2024-05-29 15:21', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l665z9n/', "Both [Segwit](https://bitcoinops.org/en/topics/segregated-witness/) (specified in BIPs [141](https://github.com/bitcoin/bips/blob/master/bip-0141.mediawiki), [143](https://github.com/bitcoin/bips/blob/master/bip-0143.mediawiki), [144](https://github.com/bitcoin/bips/blob/master/bip-0144.mediawiki)) and [Taproot](https://bitcoinops.org/en/topics/taproot/) (specified in BIPs [340](https://github.com/bitcoin/bips/blob/master/bip-0340.mediawiki), [341](https://github.com/bitcoin/bips/blob/master/bip-0341.mediawiki), [342](https://github.com/bitcoin/bips/blob/master/bip-0342.mediawiki)) were upgrades to Bitcoin's scripting system. Segwit has been active since August 2017, while Taproot was activated in November 2021.\n\nThere is just one bitcoin currency, and just one Bitcoin blockchain. The differences are in the underlying script and digital signature algorithms used. They are fully compatible, in the sense that transactions can send/merge/split from/to any script type (whether that's segwit, taproot, or the older P2SH or bare script systems).\n\nTaproot is generally preferable, by being more modern, cheaper and somewhat more private. The one reason not to use it is that taproot required the introduction of a new address type too ([bech32m](https://bitcoinops.org/en/topics/bech32/) specified in BIP [350](https://github.com/bitcoin/bips/blob/master/bip-0350.mediawiki), as opposed to bech32 specified in BIP [173](https://github.com/bitcoin/bips/blob/master/bip-0173.mediawiki)). This newer bech32m format is not yet supported by every wallet and service out there, so if you create a bech32m (taproot) address in your receiving wallet, it is possible senders are unable to send to it. The [whentaproot](https://whentaproot.org/) website tracks deployment of bech32m sending support. Even if it so happens that senders who want to send to you do not support bech32m, no funds will be lost. They'll just say the address does not work, prompting you to create another type address instead.\n\nDisclaimer: I am a co-author of both proposals.", '1d36wvi'], ['u/myhappytransition', 10, '2024-05-29 16:43', 'https://www.reddit.com/r/Bitcoin/comments/1d36wvi/2_bitcoin_help/l66iq9i/', ">Go with BTC taproot it's the latest upgrade giving better privacy, lower transaction fees and gives the network improved scalability by reducing the amount of stored data.\n\nfor most people, native segwit is still the better choice.\n\nIt will make smaller TXs and have lower fees.\n\nUntil taproot gains some new features, perhaps input aggregation, there is still not a good reason to go with it yet for single wallets.", '1d36wvi']]], ['u/Conscious-Bag-5134', 'Bought off KYC exchanges at first and regret it', 41, '2024-05-29 10:52', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/', 'Non US citizen\nI bought btc off a KYC exchange and regret it, now that I use P2P, it feels more private and honestly a better way. Now is there a way to make my tainted KYC stack clean? Any service that might help me or facilitate that process?\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/', '1d37jg1', [['u/SemperBavaria', 34, '2024-05-29 10:58', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l65dvmv/', 'I heard many of those KYC Sats get lost in boating accidents.', '1d37jg1'], ['u/Shade_008', 24, '2024-05-29 12:34', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l65lygt/', "Mixing services exist. There are open source ones just gotta look around. \n\nNever mix your colored coins (KYC'd) with your non-colored coins, then everything gets tainted. But honestly after a wash in a mixer with enough outputs, it'll be impossible for anyone to for sure say these coins exist to you under this new address. Even if you move the coins off an exchange to a new address, that one hop might have been you spending the coins not parking them on a new wallet, they can't prove it one way or another, but mixing is just an added layer.", '1d37jg1'], ['u/they_have_no_bullets', 39, '2024-05-29 13:23', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l65qz9w/', "If you purchased btc and then fell prey to a scammer that stole all your btc, they would likely swap it for a different crypto using a dex and/or mix it using wasabi, and authorities would tell you it's impossible to trace where it went", '1d37jg1'], ['u/Additional_Doubt_856', 15, '2024-05-29 13:48', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l65tqk2/', 'Sell through exchange, use fiat to buy new btc from p2p.', '1d37jg1'], ['u/I-Know-The-Truth', 11, '2024-05-29 13:59', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l65v2og/', 'Lmao so confident and so wrong', '1d37jg1'], ['u/Conscious-Bag-5134', 10, '2024-05-29 16:23', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l66fggw/', "Who tf cares, P2P is here and we can sell -god forbid- through there. The real question now: Is there still a functional with easy UI to use and coinjoin my stack?\nI don't live in US", '1d37jg1'], ['u/they_have_no_bullets', 14, '2024-05-29 20:27', 'https://www.reddit.com/r/Bitcoin/comments/1d37jg1/bought_off_kyc_exchanges_at_first_and_regret_it/l67lhpm/', "Someone will bring it back in a more censorship resistant way, i guarantee it. The fact that it's shutting down is simply proof that it wasn't set up in a sufficiently decentralized way in the first place", '1d37jg1']]], ['u/Aristotlewiseman', 'Blackrock Btc etf', 14, '2024-05-29 14:31', 'https://www.reddit.com/r/Bitcoin/comments/1d3b21k/blackrock_btc_etf/', 'Black rocks bitcoin etf has $20 billion in it . Their fee is $50,000,000 each year at this level , what exactly does it do for this astronomical amount of other peoples money ? ', 'https://www.reddit.com/r/Bitcoin/comments/1d3b21k/blackrock_btc_etf/', '1d3b21k', [['u/MrBrawn', 28, '2024-05-29 14:45', 'https://www.reddit.com/r/Bitcoin/comments/1d3b21k/blackrock_btc_etf/l660yr6/', 'Offer it. Pretty good to be a bank.', '1d3b21k'], ['u/omg_its_dan', 18, '2024-05-29 16:22', 'https://www.reddit.com/r/Bitcoin/comments/1d3b21k/blackrock_btc_etf/l66fb98/', 'Manage all of the overheard and operating expenses for the ETF, take on risk, legal/compliance, etc. It’s really pretty reasonable. If you don’t want to pay fees you can just self custody btc.\n\nNow do grayscale…', '1d3b21k']]], ['u/feenicks1', 'Thank you Satoshi Nakamoto ', 111, '2024-05-29 15:20', 'https://www.reddit.com/r/Bitcoin/comments/1d3c1j7/thank_you_satoshi_nakamoto/', "Thank you Mr Satoshi for if it hadn't been for your ingenuity and the hardwork of cryptographers , the caste system would ever evolve — The Rich would have been richer and the poor , poorer . \nBut you created a system where people like myself can also be noticed. \nWherever you're MrrFeenicks1 is Grateful \n#Bitcoin 💸🤝", 'https://www.reddit.com/r/Bitcoin/comments/1d3c1j7/thank_you_satoshi_nakamoto/', '1d3c1j7', [['u/PotatoBestFood', 54, '2024-05-29 17:04', 'https://www.reddit.com/r/Bitcoin/comments/1d3c1j7/thank_you_satoshi_nakamoto/l66mcj7/', 'With BTC the rich are still getting richer.', '1d3c1j7'], ['u/user_name_checks_out', 22, '2024-05-29 17:09', 'https://www.reddit.com/r/Bitcoin/comments/1d3c1j7/thank_you_satoshi_nakamoto/l66n6h9/', "True. OP seems to believe that bitcoin's goals included transferring wealth from the rich to the poor, but that is not the case.", '1d3c1j7'], ['u/AstroRoverToday', 12, '2024-05-29 18:39', 'https://www.reddit.com/r/Bitcoin/comments/1d3c1j7/thank_you_satoshi_nakamoto/l672mgx/', 'Fiat is currency. Bitcoin is money. Money is a store of value. Fiat currency does not store value.', '1d3c1j7'], ['u/korean_kracka', 16, '2024-05-29 18:59', 'https://www.reddit.com/r/Bitcoin/comments/1d3c1j7/thank_you_satoshi_nakamoto/l6766jo/', 'I think y’all are misunderstanding his point or one of the many things btc will accomplish once it takes over. It will even the playing field.', '1d3c1j7']]], ['u/Good-Football-7333', 'I’m agnostic but went to my friend for her church service as she kept inviting me. She is angry and keeps posting on insta how her “friend” (Me) refused to tithe(give money to the pastor, when he asked everyone to) and said I was “wrong” for refusing. What would you do?', 92, '2024-05-29 15:23', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/', 'Our age range is 25-28. Just wanna stay anonymous as she is on Reddit. I don\'t believe in making pastors rich or giving them money esp when there\'s homeless people who actually need it and pastors are filthy rich. Her church seems like a mega church when I went it was gigantic.\n\nShe called me "l3zbo sinner" and wtf? I\'m not even lesbian is she projecting? She has her hair shaved on the sides and rainbow colored hair and said also "you have 2 jobs you loser btch l3zbo you could of gave my wonderful amazing pastor $10 bucks when he asked you too!!!"" She texted me that . I told her " you are immature for calling me names I don\'t have to pay anyone I don\'t owe money to" now she\'s continuously posting pics of me on insta calling me names and saying don\'t allow me in a church I don\'t donate money to them. I\'ve know her since we were 10 and 12 what do I do???', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/', '1d3c3dp', [['u/brokenboysoldiers', 265, '2024-05-29 15:24', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l666i7s/', 'Why would you want to be friends with this disgusting person? Block her and move on with your life.', '1d3c3dp'], ['u/tobuscussuperfan69', 26, '2024-05-29 15:28', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l6673et/', 'Bad idea to go to the church in the first place. Your friend is in a cult that is scamming her, if she treats you this badly because you refuse to be scammed by her cult then you are better off without her in your life.', '1d3c3dp'], ['u/vexingfrog', 88, '2024-05-29 15:29', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l6675qi/', 'This person isn’t your friend.', '1d3c3dp'], ['u/Amareldys', 65, '2024-05-29 15:42', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l6694sa/', 'Ah, the embodiment of true Christianity', '1d3c3dp'], ['u/Earguy', 69, '2024-05-29 15:47', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l669x7o/', 'Weird, at my church we always say "if this is your first time, please let the basket pass, as your presence is gift enough."\n\nBut, I\'m Unitarian Universalist, not a megachurch. We\'re lay-led, we don\'t even have a minister.', '1d3c3dp'], ['u/Quiet-Profession-309', 12, '2024-05-29 16:03', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66cdbz/', "Yeahh..... churches are for profit, and the ones who attend are SUPER indoctrinated. You did nothing wrong. The minute you don't do what churchy people think you should they get this way. Just walk away.", '1d3c3dp'], ['u/Resident-Sun4705', 56, '2024-05-29 16:16', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66ecre/', 'Tell her to take her meds.', '1d3c3dp'], ['u/everywhereinbetween', 21, '2024-05-29 16:36', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66hkjt/', 'Ah same my church says "if you\'re a guest with us today, we\'re glad to have you with us and look forward to getting to know you over lunch. Please don\'t feel obliged to give"', '1d3c3dp'], ['u/iGotbanmed', 12, '2024-05-29 16:38', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66hx5v/', 'Omg ,how come she is your friend when she is bad,. your should avoid bad person ,maybe she is forcing you to pay the pastor because maybe she can also earn with that money? Or the money is for herself? Because you should not force anyone to go inside your church and force everyone to pay.', '1d3c3dp'], ['u/FiddleheadFernly', 19, '2024-05-29 16:42', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66ijmi/', 'Better yet she needs to screen shot the entire exchange and send it to her pastor under a Google review of the church - seriously', '1d3c3dp'], ['u/RespectGiovanni', 18, '2024-05-29 16:48', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66jjfh/', "She's not a friend, she's a recruiter", '1d3c3dp'], ['u/T_for_tea', 21, '2024-05-29 17:08', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66my9e/', 'If contradictions bothered Christians, they would not be Christians. I dont think this will do much other than flex on em.', '1d3c3dp'], ['u/MNGirlinKY', 12, '2024-05-29 17:15', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66o5m5/', 'Guests don’t tithe. Period end of story. Do not pass go.\n\nAs far as your friend, block and move on, she’s trash.', '1d3c3dp'], ['u/dev-246', 21, '2024-05-29 17:54', 'https://www.reddit.com/r/Advice/comments/1d3c3dp/im_agnostic_but_went_to_my_friend_for_her_church/l66uvi4/', 'I would take some screenshot of the worst messages and then write a review of the church (on google, Yelp, wherever) wa... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• Stocks fell on Wednesday ahead of fresh economic data on growth and inflation.\n• A $44 billion auction of seven-year Treasury notes was met with tepid demand.\n• Bond yields spiked for a second day, with the 10-year bond climbing by seven basis points to 4.61%.\nUS stocks dropped for a second day of the short trading week on Wednesday, with the Dow Jones Industrial Average declining by more than 300 points as Treasury yields continued to spike.\nAn auction of seven-year Treasury notes was met with weak demand, marking the third sale of US government bonds this week to spark fears of oversupply amid forecasts of higher-for-longer interest rates.The Treasury sold $44 billion worth of the notesat 4.650%, with reports noting that domestic demand was weaker than average. On Tuesday, a sale of two and five-year notes was priced to weaker demand from investors.\nThe 10-year bond jumped seven basis points to 4.61%.\nThe sell-off in the bond market comes ahead of two important data points for investors as they try to assess the path of interest rates for the rest of this year. On Thursday, first-quarter GDP will see its first revision, with expectations for growth to be lower than initially reported for the first three months of the year.\nMore importantly, on Friday, the Bureau of Economic Analysis will publish the Federal Reserve\'s preferred inflation measure. Price increases as measured by the personal consumption expenditures index are expected to be on par with March figures, rising 2.7%, according to economists\' estimates. However, a surprise to either the upside or downside could have a big impact on stocks and the broader market.\nThe Nasdaq Composite slid further from record highs hit on Tuesday, with the tech-heavy index spared from deeper losses by Nvidia, which rose almost 1% in the session.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,266.95, down 0.7%\n• Dow Jones Industrial Average:38,441.54, down 1.1% (411 points)\n• Nasdaq Composite:16,920.58, down 0.6%\nHere\'s what else happened today:\n• An MIT economist says the AI boom will only boost GDP by about 1%.\n• Ozempic is at the center of South Park\'s latest season. That could be bad news for the drug maker\'s stock.\n• Jamie Dimon warned of turmoil if the booming private credit market shows signs of weakness.\n• The stock market could plummet 70% this cycle amid a "motherlode" of extreme FOMO, veteran investor John Hussman said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil slumped 1% to $79.85 a barrel.Brent crude, the international benchmark, dropped 0.9% to $83.41 a barrel.\n• Goldfell 0.8% to $2,336.20 per ounce.\n• The 10-year Treasury yield rose seven basis points to 4.614%.\n• Bitcoindropped 1.6% to $67,286.78.\nRead the original article onBusiness Insider', "BlackRock has updated its filing with the Securities and Exchange Commission (SEC) for its proposed spotEthereumexchange-traded fund (ETF). The May 29amendmentto the iShares Ethereum Trust marks a crucial step toward making an ETH-based ETF available to the market, following last week's surprising approval of a similar financial product.\nEric Balchunas, a Bloomberg analyst, suggested that other applicants are likely to follow BlackRock's lead. He added that if the SEC provides another round of detailed feedback swiftly, spot Ethereum ETFs could potentially launch as early as next month. “End of June launch a legit possibility, [although] keeping my over/under date as July 4,” Balchunas posted.\nBlackRock's proposed ETF, which will trade under the ticker symbol ETHA, clarified that it will not engage in Ethereum staking. This means the returns from the ETF will differ from those that would be obtained by directly purchasing and holding Ethereum.\nThis week has been monumental for the cryptocurrency sector. In Washington, D.C., a rare instance of bipartisan support emerged for a crypto regulation bill, culminating in the SEC’s unexpected approval of spot Ethereum ETFs. Joe Lubin, Ethereum co-founder and CEO of Consensys, views these developments as a pivotal shift in the regulatory landscape for cryptocurrencies in the United States.\nBlackRock initially filed an S-1 form for its spot Ethereum ETF with the SEC in November, joining other heavyweights like ARK Invest, Fidelity, and VanEck. Crypto custodian Grayscale is also in the race, seeking to convert its Grayscale Ethereum Trust (ETHE) into a spot Ethereum ETF, a move similar to the one that paved the way for spot Bitcoin ETFs.", "The price ofBitcoin (BTC)has experienced a downward trend since reaching $70,300 on May 27, currently hovering around $67,920, a 2% decline over the past 7 days. Despite this, the $66,000 support level has remained robust since May 17, providing some stability for bullish investors who aren't overly concerned by this brief correction.\nA key area of interest is the Bitcoin derivatives market. On May 29, the open interest in Bitcoin futures, reflecting the total number of leverage bets,hita 16-month high, signaling an increased appetite for leveraged positions in BTC.\nShifts in macroeconomic trends have also influenced Bitcoin's performance. The S&P 500 is just 1.2% below its all-time high of 5,342, achieved on May 23, suggesting a strong stock market. Meanwhile, the 5-year Treasury yield has climbed to 4.63% from 4.34% two weeks ago, indicating a move away from fixed-income investments. This trend was underscored by weak demand at a Treasury Department auction on May 28, which pushed benchmark yields to levels that could be concerning for stock investors.\nOn May 29, the aggregate Bitcoin futures open interest reached 516k BTC, the highest since January 2023, marking a 6% increase over the past week. The Chicago Mercantile Exchange (CME) leads this market with a 30% share, followed by Binance at 22% and Bybit at 15%. This sizable open interest, equivalent to $34.8 billion indicates bullish sentiment, but also poses risks of cascading liquidations if leveraged positions are too high.\nBitcoin's price resilience has been supported by easing regulatory pressures in the United States. Notably, the approval of a spot Ethereum exchange-traded fund (ETF), the Senate's vote to repeal the SEC's proposed SAB 121 accounting rule, and Congress passing the FIT 21 reform, treating most cryptocurrencies as commodities.", "The price ofBitcoin (BTC)has experienced a downward trend since reaching $70,300 on May 27, currently hovering around $67,920, a 2% decline over the past 7 days. Despite this, the $66,000 support level has remained robust since May 17, providing some stability for bullish investors who aren't overly concerned by this brief correction.\nA key area of interest is the Bitcoin derivatives market. On May 29, the open interest in Bitcoin futures, reflecting the total number of leverage bets,hita 16-month high, signaling an increased appetite for leveraged positions in BTC.\nShifts in macroeconomic trends have also influenced Bitcoin's performance. The S&P 500 is just 1.2% below its all-time high of 5,342, achieved on May 23, suggesting a strong stock market. Meanwhile, the 5-year Treasury yield has climbed to 4.63% from 4.34% two weeks ago, indicating a move away from fixed-income investments. This trend was underscored by weak demand at a Treasury Department auction on May 28, which pushed benchmark yields to levels that could be concerning for stock investors.\nOn May 29, the aggregate Bitcoin futures open interest reached 516k BTC, the highest since January 2023, marking a 6% increase over the past week. The Chicago Mercantile Exchange (CME) leads this market with a 30% share, followed by Binance at 22% and Bybit at 15%. This sizable open interest, equivalent to $34.8 billion indicates bullish sentiment, but also poses risks of cascading liquidations if leveraged positions are too high.\nBitcoin's price resilience has been supported by easing regulatory pressures in the United States. Notably, the approval of a spot Ethereum exchange-traded fund (ETF), the Senate's vote to repeal the SEC's proposed SAB 121 accounting rule, and Congress passing the FIT 21 reform, treating most cryptocurrencies as commodities.", 'Global payments leader Mastercard hasrolled outa new service aimed at streamlining and securing peer-to-peer crypto transactions across several European and Latin American countries. The newly introduced "Crypto Credential" service allows users to create a Mastercard username to facilitate the sending and receiving of Bitcoin and various other cryptocurrencies via exchanges such as Bit2Me, Lirium, and Mercado Bitcoin, which operate in regions including Brazil, Argentina, and France.\nWalter Pimenta, Mastercard’s Executive Vice President of Product and Engineering for Latin America and the Caribbean, emphasized the importance of secure transactions in the growing blockchain and digital assets space. “As interest in blockchain and digital assets continues to surge in Latin America and around the world, it is essential to keep delivering trusted and verifiable interactions across public blockchain networks,” Pimenta stated.\nTraditionally, crypto transactions require the use of complex wallet addresses, which are lengthy and seemingly random strings of characters. Mistakes in these addresses can lead to the loss of funds. Mastercard\'s new service addresses this issue by notifying the sender if the recipient\'s wallet does not support the specific asset or blockchain, thereby preventing the transaction from proceeding and safeguarding users from potential losses.\nMoreover, the service tackles the problem of scammers using lookalike addresses to deceive users. Services often truncate wallet addresses, showing only the first and last few characters, which can be exploited by fraudsters.', 'According to anew surveyby Grayscale released on Tuesday, 44% of U.S. voters who currently do not own any cryptocurrency are holding off on purchasing until more regulatory policies are in place. This suggests that substantial new investment could enter the crypto market as the U.S. government clarifies its regulatory stance on digital assets.\nGrayscale noted in its report that there have been notable shifts in both interest and perception regarding cryptocurrency ownership, which are becoming increasingly relevant topics as the 2024 U.S. presidential election approaches.\nThe poll found that 65% of respondents view holdingBitcoinas "an investment in the future of blockchain technology," while 53% see it as "a way to pay for things digitally or a digital currency." Additionally, 43% consider Bitcoin "a speculative investment," and 36% regard it as "a digital form of gold or a hedge against inflation."\nThe survey, conducted by The Harris Poll from April 30 to May 2, included responses from 1,768 adults who plan to vote in the upcoming presidential election. The findings underscore the growing importance of digital assets in the political landscape, with 47% of respondents indicating they expect to include cryptocurrencies in their investment portfolios in the future, up from 40% in November.\nGrayscale’s survey also highlighted that 41% of respondents are paying more attention to Bitcoin and other cryptocurrencies due to geopolitical tensions, inflation, and a weakening U.S. dollar, a notable increase from 34% six months earlier.', 'NodeMonkes, the top Bitcoin collection, led CryptoSlam’s non-fungible tokens (NFT) daily sales board on Wednesday with US$935,770 in sales.\nThis is the second time this week that NodeMonkes topped CryptoSlam’s sales chart.\nThe sales spike has propelled NodeMonkes’ cumulative sales volume to US$229.06 million, placing it in the 26th spot on the all-time sales chart. It recently overtook the Avalanche-based Crabada.\nThe second-highest performing collection of the day was Guild of Guardians Avatars on the Immutable with daily sales reaching US$693,704, climbing from the third spot the day before.\nComing in third, DMarket on the Mythos chain recorded a daily sales figure of US$672,737.\nRight outside the top three were Ethereum’s Bored Ape Yacht Club, with daily sales of US$415,991, and Solana’s DogeZuki Collection, which saw a daily sales volume of US$397,332.\nSolana Monkey Business also made sales waves with US$317,537, contributing to Solana’s total daily sales of US$2.42 million.\nNodeMonkes played a large part in pushing the Bitcoin network to the top of the blockchain NFT sales chart.\nThe network had a total of US$5.17 million in sales on Wednesday, rising from the previous day’s US$4.23 million.', "It's been a wild ride forEthereum(CRYPTO: ETH)over the last few years. Since launching in 2015, the cryptocurrency has grown by nearly 128,000% thanks to its novelsmart contractsand dominance of the decentralized finance (DeFi) economy. Yet, as impressive as the last decade has been, its story might just be getting started.\nOn May 23, the Securities and Exchange Commission (SEC) paved the way for approval of a spot Ethereum exchange-traded fund (ETF). When completed, this process essentially opens up the cryptocurrency to a new set of buyers and puts additional demand on its deflationary supply. Here's why the decision is so historic and what it could mean for the world's second-most valuable cryptocurrency.\nJust a few weeks ago, the chances of a spot Ethereum ETF approval looked slim. Many analysts estimated there was only a 25% chance, but on Thursday, May 22, things took a turn for the better as rumors began to swirl that the SEC had had a change of heart.\nThe following day, it was officially announced that the SEC would approve all eight 19b-4 applications, paving the way for Ethereum ETF approval. It's not exactly the same thing as full approval, but that final step is almost guaranteed at this point. On the current timeline, the SEC is expected to approve the S-1 applications (the official documents that allow the ETFs to go live) sometime in the mid to late summer.\nThe reason an ETF is so significant comes down to its ability to democratize access for investors. With the ETFs, now investors can gain Ethereum exposure by simply buying shares like they would with a stock on a brokerage. Gone are the days of navigating crypto exchanges or managing digital wallets.\nIn addition, and perhaps most importantly, the approval of an ETF means institutional investors can join the game. Without an ETF, these investors were hesitant to get in on crypto because of a lack of regulatory guidance and custodial issues. That's why not only Ethereum's, but all of crypto's, ascent over the years has been driven by retail investors.\nBut ETFs provide an easy and accessible way for institutions to buy. And that's a great thing because institutional investors are known for their vast resources and deep pockets.\nTo quantify the impact an Ethereum ETF holds, we can look back atBitcoin's spot ETF journey. In January, Bitcoin became the first cryptocurrency to get a spot ETF, marking a landmark event in the world of crypto adoption and evolution. The 11 initial Bitcoin ETFs were a massive hit and quickly became one of history's most successful ETF launches. In just four months, they attracted more than $38 billion and at one point were buying up 10 times the daily supply of Bitcoin, effectively introducing a supply shock that sent Bitcoin's price to an all-time high.\nWhile it's unlikely that Ethereum ETFs will be as popular as Bitcoin ETFs simply because Bitcoin is the most well-known crypto asset, Ethereum still stands to benefit significantly. This is because Ethereum's market cap is smaller than Bitcoin's. In other words, it will take less capital to move Ethereum's price than Bitcoin's.\nWe can even speculate just how much Ethereum's price might move (emphasis on speculate). Since the Bitcoin ETFs launched, around $425 billion was added to its market cap. Not all of this was the direct result of the ETFs buying Bitcoin, but we can use it as a proxy to measure the effect of the ETFs.\nIf Ethereum ETFs were to be half as successful as the Bitcoin ETFs, then it would add $212 billion to its market cap, or roughly a 45% increase. If this were to occur, Ethereum's price would soar to $5,300, a new all-time high.\nWhile we can only speculate about the exact demand the Ethereum ETFs will generate, one thing is certain: Ethereum is about to be unlocked to a new class of deep-pocketed investors.\nThe impact of these ETFs will unfold over time, as institutional investors typically require extensive research and due diligence before making allocations. However, considering the success of Bitcoin ETFs and the recent trend of institutionsrevealing Bitcoin holdings, it's arguably not a question of if, but when these investments will materialize.\nIn the meantime, Ethereum presents a compelling investment opportunity. Despite its current price being around 25% below its all-time high, Ethereum's fundamentals have never been stronger. As we approach full ETF approval, expect increasing demand for the world's second-most valuable cryptocurrency.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $697,878!\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002.\nSee the 10 stocks »\nStock Advisor returns as of May 28, 2024\nRJ Fultonhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nBreaking Down Ethereum's Big Move and Why History Says It Will Do This Nextwas originally published by The Motley Fool", "• Crypto majors experienced a significant decline in the past 24 hours, with meme coins like shiba inu and dogecoin leading the drop.\n• The market is looking toward Friday's U.S. PCE inflation data for guidance on bitcoin's direction, with some analysts predicting a drop to as low as $60,000.\nSome of the largest cryptocurrencies lost as much as 5% in 24 hours as traders looked toward Friday's Personal Consumption Expenditures inflation report in the U.S. and warned of further declines in the price of bitcoin {{BTC}}.\nMeme coins shiba inu {{SHIB}} and dogecoin {{DOGE}} led the market lower, each losing about 5%. XRP, Solana’s SOL and BNB Chain’s BNB fell 2%, while theCoinDesk 20 (CD20), an index of the largest tokens minus stablecoins, slipped 1.6%.\nBitcoin has been testing support at $67,000 after briefly recovering to $70,000 at the start of the week. Ether {{ETH}}, which was among the biggest advancers last week after favorable regulatory decisions, has dropped over 5% since Monday.\nAccording to the trading desk of Japanese crypto exchange bitBank, stronger-than-expected consumer sentiment and weak Treasury sales are adding to the pressure on the price of bitcoin.\n“The price will likely show no clear direction until Friday’s U.S. PCE announcement, and it could be a make-or-break event for bitcoin,” bitBank said in an email. “If the inflation data comes in hotter than expected, bitcoin could give up about a half of its gain in the past two weeks and decline to around $65,000.”\nFxPro senior market analyst Alex Kuptsikevich echoed the sentiment: “In the most bearish scenario, the price could roll back to $60,000. A more optimistic scenario suggests a decline to the $65K area, where the 50-day moving average lies,” he said in a Telegram interview.\nThe March figure rose 2.7% year-on-year. The April reading is due at 12:30 UTC tomorrow.\nElsewhere, on-chain analytics Glassnode recorded signs of a recovery in buyer interest in bitcoin. Long-term BTC holders, defined as those holding the asset for more than 155 days, have resumed accumulation for the first time since December 2023 after months of selling.\nTraditional stock indicesshowed signs of weakness ahead of the inflation figure, which could provide clues on the Federal Reserve's interest-rate trajectory. Historically, higher interest rates tend to cause bearish sentiment among investors due to the strain on market liquidity – with sell-offs across assets.", "• Crypto majors experienced a significant decline in the past 24 hours, with meme coins like shiba inu and dogecoin leading the drop.\n• The market is looking toward Friday's U.S. PCE inflation data for guidance on bitcoin's direction, with some analysts predicting a drop to as low as $60,000.\nSome of the largest cryptocurrencies lost as much as 5% in 24 hours as traders looked toward Friday's Personal Consumption Expenditures inflation report in the U.S. and warned of further declines in the price of bitcoin {{BTC}}.\nMeme coins shiba inu {{SHIB}} and dogecoin {{DOGE}} led the market lower, each losing about 5%. XRP, Solana’s SOL and BNB Chain’s BNB fell 2%, while theCoinDesk 20 (CD20), an index of the largest tokens minus stablecoins, slipped 1.6%.\nBitcoin has been testing support at $67,000 after briefly recovering to $70,000 at the start of the week. Ether {{ETH}}, which was among the biggest advancers last week after favorable regulatory decisions, has dropped over 5% since Monday.\nAccording to the trading desk of Japanese crypto exchange bitBank, stronger-than-expected consumer sentiment and weak Treasury sales are adding to the pressure on the price of bitcoin.\n“The price will likely show no clear direction until Friday’s U.S. PCE announcement, and it could be a make-or-break event for bitcoin,” bitBank said in an email. “If the inflation data comes in hotter than expected, bitcoin could give up about a half of its gain in the past two weeks and decline to around $65,000.”\nFxPro senior market analyst Alex Kuptsikevich echoed the sentiment: “In the most bearish scenario, the price could roll back to $60,000. A more optimistic scenario suggests a decline to the $65K area, where the 50-day moving average lies,” he said in a Telegram interview.\nThe March figure rose 2.7% year-on-year. The April reading is due at 12:30 UTC tomorrow.\nElsewhere, on-chain analytics Glassnode recorded signs of a recovery in buyer interest in bitcoin. Long-term BTC holders, defined as those holding the asset for more than 155 days, have resumed accumulation for the first time since December 2023 after months of selling.\nTraditional stock indicesshowed signs of weakness ahead of the inflation figure, which could provide clues on the Federal Reserve's interest-rate trajectory. Historically, higher interest rates tend to cause bearish sentiment among investors due to the strain on market liquidity – with sell-offs across assets.", "We recently prepared a comprehensive report of the11 Largest Heavy Equipment Manufacturers in the World. In this free report, we have discussed each company in detail.Click here to see the free report.\nFor context, Heavy-duty equipment is a specific category of machinery used for heavy-duty work, such as construction, forestry, mining, and industrial operations.\nThe global heavy construction equipment market was at $190.3 billion in 2022 and is estimated to reach$252.4 billionby 2028, at a CAGR of 4.8%. Much of the growth in 2022 in terms of value was led by Asia Pacific, and the industry’s growth in the region is now estimated at a CAGR of 4.9% between 2023 and 2028. This strong market presence is due to the growing mining and infrastructure developments in the region, particularly in China and India.\nMoreover, with the rising demand for raw materials to secure energy interest, countries like India and China are actively looking for lithium mines for battery manufacturing, which will promote the increased usage of heavy construction equipment in the Asia Pacific. While the heavy equipment market is growing, there are some challenges faced by the leading manufacturers in the industry.\nWithin the US, the construction industry is especially seeing an uptick. With multiple roads, bridges, rail, and other infrastructure development projects in the pipeline, the use and demand for heavy-duty machinery is on the rise. On 15th November 2021, the President of the US signed a historic infrastructure bill into law worth $1 trillion. After two years, on November 10th, 2023, the government announced around 40,000 projects worth $400 billion in more than 4,500 communities across the country.\nWhile the heavy equipment market is growing, there are some prominent challenges faced by the leading manufacturers in the industry. For example, since heavy industry is responsible for 30% of the US’s GHG emissions, environmental concerns and regulations have been considered to be one of the major downsides of the heavy construction equipment industry.\nIn September 2019, Hyundai Construction Equipment Americas Inc. (HCEA) and Hyundai Heavy Industries Co. Ltd (HHI), collectively known as “Hyundai,” reached a settlement with the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice. As part of the settlement, Hyundai agreed to pay a $47 million civil penalty for violating Title II of the Clean Air Act. The settlement addressed allegations that Hyundai sold heavy construction vehicles with diesel engines that did not comply with applicable emission standards.\nTo reduce their carbon footprint and meet the sustainability demand and regulation, heavy equipment manufacturers including key players in the industry, such as Caterpillar Inc. (NYSE:CAT), CNH Industrial NV (NYSE:CNH), Deere & Co (NYSE:DE), and Kubota Corp (TYO:6326), are investing massive capital in research and development (R&D) to develop new technologies and more environmentally friendly manufacturing processes.\nCaterpillar Inc. (NYSE:CAT), the largest manufacturer of excavators, has invested more than $30 billion in R&D over the past 20 years to develop the best-in-class innovation. The main focus of these innovations has been autonomy, alternative fuels, connectivity, and digital, and electrification (AACE) — technologies aimed at inflicting less harm to the environment.\nMeanwhile, CNH Industrial NV (NYSE:CNH) R&D expenditure reached $866 billion in 2022 and $1.041 billion in 2023. In both years, the R&D expenses were primarily attributable to continued investment in new products, technologies, and digital solutions.\nOn the other hand, Deere & Co (NYSE:DE), a global leader in manufacturing agricultural machinery, heavy equipment, forestry machinery, and diesel engines, invested nearly $2.2 billion in researching and developing new technology solutions and new product introductions. Out of this investment, substantial costs were related to meeting equipment fuel standards by incorporating technologies that deliver intelligent solutions to their customers through digital capabilities, automation, autonomy, and alternative fuel solutions. At the start of 2023, in January, Deere & Co (NYSE:DE) announced its new development, ExactShot™, which will allow customers to reduce inputs during planting applications, generating cost savings and lowering their environmental footprint.\nAnother leading company, Kubota Corp (TYO:6326) has budgeted an investment of nearly $3.2 billion in R&D by 2025, targeting mainly three areas — developing technologies for carbon-free power trains, development of smart agriculture and autonomous technologies, and the last area is resource cycling technologies. In FY 2023, Kubota Corp’s capital investment in R&D was nearly $563 million.\nContinue reading to find out where these three companies are ranked on the list of the 11 largest heavy equipment manufacturers in the world.\nThe Largest Heavy Equipment Manufacturer in the World\nFor our list of the Largest Heavy Equipment Manufacturers in the World, we consulted various sources and articles on the web to compile a pool of the largest and most renowned heavy equipment manufacturers worldwide. To shortlist the largest companies from the list, we ranked the companies by revenue. For accuracy, we have sourced data from each company’s financial reports for the full fiscal year 2023. As a secondary source, we have used data from Yahoo Finance. For one company on the list, data for the fiscal year 2023 was unavailable, which is why we have used data for the 2022 fiscal year. Note that this has only been utilized based on the notion that the 2023 revenue forecast for the company was higher than the actual revenue of FY2022. The list is ranked in ascending order of net sales and revenue of each company.\nBy the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.\nNet Sales and Revenue (FY2023): $67,100,000,000\nCaterpillar Inc. is the largest heavy equipment manufacturer in the world as of 2024. Caterpillar Inc. was founded in 1925 when the Holt Manufacturing Company and the C. L. Best Tractor Co. merged to form a new company. Two years later, in 1927, the company introduced its first model — the Model Twenty Tractor. Now nearly a century later, Caterpillar Inc. is the leading company in the heavy equipment industry with more than 300 products.\nIn 2023, the company posted record sales and revenue of $67.1 billion, which was up by 13% compared with $59.4 billion in 2022. Moreover, adjusted profit per share increased from $13.84 in FY 2022 to $21.21 in 2023.\nReflecting on the year's performance, the Chairman and CEO of Caterpillar, Jim Umpleby, said,\n“I'm very proud of our global team's strong performance as they achieved the best year in our 98-year history, including record full-year sales and revenues, record adjusted profit per share and record ME&T free cash flow.”\nMany people consider Komatsu Ltd (OTCMKTS:KMTUY) to be bigger than the industry giant, Caterpillar, in reality. However, according to our analysis, Komatsu is heavily outranked by Caterpillar.\nTo check the free full list, please visit the11 Largest Heavy Equipment Manufacturers in the World.\nIf you are looking for an AI stock that is as promising as Microsoft but that trades at less than 5 times its earnings, check out our report about thecheapest AI stock.\nREAD NEXT:15 Biggest Publicly Traded Bitcoin Companiesand10 Best Industrial Machinery Stocks to Buy.\nDisclosure: None.This article is originally published onInsider Monkey.", "New York, NY, May 30, 2024 (GLOBE NEWSWIRE) -- Bitcoin (BTC) remains stagnant near support levels at $67,556, with bearish sentiments prevailing. If buyers fail to initiate recovery, BTC may drop to $67,000 and potentially further to $66,000 or $65,000. PayPal's PYUSD stablecoin has expanded to the Solana blockchain, enhancing speed, cost-efficiency, and user choice. Meanwhile,Furrever Token (FURR)celebrates raising over $1.2 million in its presale, offering up to 15X returns with a unique cat-themed approach that fosters community engagement. This article explores the latest trends and future prospects for these developments.\nBitcoin Price Stagnation: Bearish Sentiments Prevail as BTC Hovers Near Support Levels\nThis detail indicates that there is no change in the prices of Bitcoin as reflected by BTCUSD in the last day. The BTC is quite set in the bearish side since it is near the local support level contributing $67,556. More specifically, if buyers cannot initiate the recovery until the end of the day, the cumulative buying volume may be enough for a forceful breakout and subsequent movement to $67,000.We head on to the bigger time frame and we see that the price of the main cryptocurrency continues to decline. As it stands, one should be interested in the low dropped in the bar the previous day.Hitting the $67,000 mark, buyers may well shed it and force traders to examine the $66,000 level. From midterm perspective, it is also bearish, as you will see from the midterm table. But if the downward movement continues, there could be an opportunity to observe a continuous correction towards $65000. Bitcoin is currently priced at $67438 within the area of the world where this content is being produced.\nPayPal Expands PYUSD Stablecoin to Solana: Enhancing Speed, Cost, and User Choice\nPayPal developed PYUSD stablecoin has arrived for use on Solana blockchain which according to the company is to make its stablecoin more efficient in terms of speed and cost.PYUSD was launched by PayPal based on the Ethereum blockchain network nearly a year ago and it is now adding Solana to the list in order to offer freedom of choice and capital management to its users.Solana is admired for its ability to execute enormous numbers of transactions at implausible rates and meagre charges. It is also one of the most popular blockchains for memecoin issuers but more importantly, more frequently utilized as the transfer substrate for stablecoins, based on data sampled by Artemis.Besides using the PayPal and Venmo wallets, users could also obtain PYUSD through the purchase on Solana using Crypto. com, Phantom and Paxos.Jose Fernandez da Ponte, SVP, blockchain, cryptocurrency, and digital currency group, PayPal, says: “Launch PYUSD on Solana blockchain is another step towards the goal of being equipped with a decentralised organization for a digital currency with a stable value aimed at handling purchasing and payments.\nFurrever Token (FURR) Celebrates The $1,2 Million Milestone\nFurrever Token\xa0(FURR)emerges as a distinctive player in the crypto market, offering a refreshing blend of charm and innovation. With a focus on infusing the crypto space with adorable cat imagery, FURR aims to provide users with a delightful and enjoyable experience. Its mission extends beyond traditional use cases, prioritizing the creation of a whimsical ecosystem that fosters community and shared joy.\nAt the heart of FURR’s appeal is its commitment to user engagement and satisfaction. Through the integration of cute cat-themed stickers, emojis, and visuals, FURR creates an immersive experience that resonates with users on a personal level. This focus on fun and community sets FURR apart in an industry dominated by serious blockchain projects, offering a breath of fresh air to crypto enthusiasts.\nMoreover, FURR boasts impressive potential for returns, with the opportunity for up to 15X returns on investment. Its current price of $0.000648 reflects its growing popularity and investor interest. The tokenomics of FURR further contribute to its appeal, with a total supply of around 9 billion tokens. During the presale phase, 65% of tokens are available for purchase, providing early investors with an opportunity to secure their stake in this promising project.\nThe success of FURR’s presale, which has already raised over $1,2 million in funding within two months, underscores the enthusiasm and confidence surrounding the project. As it progresses through its presale stages, with the launch planned on DEX (PancakeSwap), FURR continues to attract attention from investors seeking innovative opportunities in the crypto market.\nJoin Furrever Token Presale Now:Furrever Token Official WebsiteVisit Furrever Token PresaleJoin Official Telegram GroupFollow Official X Account\nDisclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Media Contact: Robert Smith https://furrevertoken.com/ support(at)furrevertoken.com", "New York, NY, May 30, 2024 (GLOBE NEWSWIRE) -- Bitcoin (BTC) remains stagnant near support levels at $67,556, with bearish sentiments prevailing. If buyers fail to initiate recovery, BTC may drop to $67,000 and potentially further to $66,000 or $65,000. PayPal's PYUSD stablecoin has expanded to the Solana blockchain, enhancing speed, cost-efficiency, and user choice. Meanwhile,Furrever Token (FURR)celebrates raising over $1.2 million in its presale, offering up to 15X returns with a unique cat-themed approach that fosters community engagement. This article explores the latest trends and future prospects for these developments.\nBitcoin Price Stagnation: Bearish Sentiments Prevail as BTC Hovers Near Support Levels\nThis detail indicates that there is no change in the prices of Bitcoin as reflected by BTCUSD in the last day. The BTC is quite set in the bearish side since it is near the local support level contributing $67,556. More specifically, if buyers cannot initiate the recovery until the end of the day, the cumulative buying volume may be enough for a forceful breakout and subsequent movement to $67,000.We head on to the bigger time frame and we see that the price of the main cryptocurrency continues to decline. As it stands, one should be interested in the low dropped in the bar the previous day.Hitting the $67,000 mark, buyers may well shed it and force traders to examine the $66,000 level. From midterm perspective, it is also bearish, as you will see from the midterm table. But if the downward movement continues, there could be an opportunity to observe a continuous correction towards $65000. Bitcoin is currently priced at $67438 within the area of the world where this content is being produced.\nPayPal Expands PYUSD Stablecoin to Solana: Enhancing Speed, Cost, and User Choice\nPayPal developed PYUSD stablecoin has arrived for use on Solana blockchain which according to the company is to make its stablecoin more efficient in terms of speed and cost.PYUSD was launched by PayPal based on the Ethereum blockchain network nearly a year ago and it is now adding Solana to the list in order to offer freedom of choice and capital management to its users.Solana is admired for its ability to execute enormous numbers of transactions at implausible rates and meagre charges. It is also one of the most popular blockchains for memecoin issuers but more importantly, more frequently utilized as the transfer substrate for stablecoins, based on data sampled by Artemis.Besides using the PayPal and Venmo wallets, users could also obtain PYUSD through the purchase on Solana using Crypto. com, Phantom and Paxos.Jose Fernandez da Ponte, SVP, blockchain, cryptocurrency, and digital currency group, PayPal, says: “Launch PYUSD on Solana blockchain is another step towards the goal of being equipped with a decentralised organization for a digital currency with a stable value aimed at handling purchasing and payments.\nFurrever Token (FURR) Celebrates The $1,2 Million Milestone\nFurrever Token\xa0(FURR)emerges as a distinctive player in the crypto market, offering a refreshing blend of charm and innovation. With a focus on infusing the crypto space with adorable cat imagery, FURR aims to provide users with a delightful and enjoyable experience. Its mission extends beyond traditional use cases, prioritizing the creation of a whimsical ecosystem that fosters community and shared joy.\nAt the heart of FURR’s appeal is its commitment to user engagement and satisfaction. Through the integration of cute cat-themed stickers, emojis, and visuals, FURR creates an immersive experience that resonates with users on a personal level. This focus on fun and community sets FURR apart in an industry dominated by serious blockchain projects, offering a breath of fresh air to crypto enthusiasts.\nMoreover, FURR boasts impressive potential for returns, with the opportunity for up to 15X returns on investment. Its current price of $0.000648 reflects its growing popularity and investor interest. The tokenomics of FURR further contribute to its appeal, with a total supply of around 9 billion tokens. During the presale phase, 65% of tokens are available for purchase, providing early investors with an opportunity to secure their stake in this promising project.\nThe success of FURR’s presale, which has already raised over $1,2 million in funding within two months, underscores the enthusiasm and confidence surrounding the project. As it progresses through its presale stages, with the launch planned on DEX (PancakeSwap), FURR continues to attract attention from investors seeking innovative opportunities in the crypto market.\nJoin Furrever Token Presale Now:Furrever Token Official WebsiteVisit Furrever Token PresaleJoin Official Telegram GroupFollow Official X Account\nDisclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Media Contact: Robert Smith https://furrevertoken.com/ support(at)furrevertoken.com", "• The blockchain address –0x9e927c02c9eadae63f5efb0dd818943c7262fb8e– supposedly owned by DBS held 173,753 ETH at press time, according to Nansen.\n• The address has already made $200 million from its ether holdings.\nDBS, the largest bank in Singapore, is an ether {{ETH}} whale, according to on-chain analytics firm Nansen.\nThe blockchain address –0x9e927c02c9eadae63f5efb0dd818943c7262fb8e– supposedly owned by DBS held 173,753 ETH, worth $647 million at press time. At the time of writing, Ether changed hands at $3,730.\nNansen said that the address has made over $200 million from its ether holdings.\n“In relation to the post, DBS does not have this position on our books,” a spokesperson said.\nEther is the native token of Ethereum, the world’s leading distributed computing platform for creating smart contracts and decentralized applications. Over the years, Ethereum has become a go-to technology for investment banks to tokenize capital markets.\nThe bank is not new to crypto andoffersa range of services, including digital asset custody, a trading exchange for security tokens, and a portfolio management app for both traditional and crypto assets.\nA recent report by the bankhighlightedthe growing interest in the crypto market from retail investors, high-frequency traders, and hedge funds.\nNansen's revelations of DBS' ether holdings come as the crypto market patiently awaits the debut of spot ether exchange-traded funds in the U.S., which are expected to boost the cryptocurrency's mainstream institutional adoption.\nSince 2020, several listed firms have turned to crypto, mainly bitcoin, to diversify their reserves. Bitcoin ETFs began trading in the U.S. in January.\nUPDATE (May 30, 12:15 UTC):Adds statement from DBS spokesperson.", "The cryptocurrency market suffered a severe blow in April after a strong rally in the previous 15 months. On Mar 14, the largest cryptocurrency, Bitcoin (BTC), recorded an all-time high of 73,750.07. However, it has fallen nearly 17% thereafter. Bitcoin gained more than 67% in first-quarter 2024 after jumping 157% in 2023. At present, Bitcoin is trading 10% below its all-time high.\nOne of the major reasons for the decline in Bitcoin price was the halving event that took place last month. The Bitcoin halving event happens once in four years. Moreover, U.S. equity markets tumbled in April owing to market participants’ concern that the Fed will keep the interest rate higher for longer in light of the sticky inflation rate and a resilient labor market. A higher interest rate is detrimental to high-growth sectors like technology, consumer discretionary and cryptocurrency.\nNevertheless, with the April Bitcoin halving event now concluded, there is widespread speculation that the reduction in the supply of Bitcoins will result in a scarcity-driven price increase for the digital asset in the upcoming months.Miners who validate and record transactions receive rewards from the Bitcoin network and transaction fees. Halving reduces the block reward by half, aiming to cap Bitcoin's global circulation at 21 million. Consequently, demand for new Bitcoins increases, driving up prices.\nMoreover, since the launch of the first Bitcoin ETFs on Jan 11, the asset has surged more than 50%. The ETFs represent a landmark in Bitcoin’s journey, offering both retail and institutional investors a regulated and accessible means to invest in the cryptocurrency. This development not only enhances liquidity but also contributes to price stability.\nSeveral research firms have said that this is just the beginning of the Bitcoin rally. Standard Chartered expects Bitcoin to reach $100,000 by the end of 2024. Research firm Fundstrat has provided a target range of $116,000 to $137,000 for this year. Hedge fund SkyBridge predicts Bitcoin to touch $170,000 by April 2025.\nFurthermore, VanEck estimated a medium-term target of $350,000 for Bitcoin. Connors' firm has estimated that the base case Bitcoin will reach $110,000 in 2024 and $140,000 next year. However, according to the firm’s best-case scenario, the cryptocurrency will hit $180,000 in 2024 and $450,000 in 2025.\nWe have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.\nThe chart below shows the price performance of our five picks in the past month.\nImage Source: Zacks Investment Research\nCoinbase Global Inc.COIN provides financial infrastructure and technology for the crypto economy in the United States and internationally. COIN offers the primary financial account in the crypto space for consumers, a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment.\nZacks Rank #1 Coinbase Global has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the last 30 days.\nNVIDIA Corp.NVDA is a semiconductor industry giant and one of the biggest success stories of 2023. As a leading designer of graphic processing units (GPUs), the NVDA stock usually soars on a booming crypto market. This is because GPUs are pivotal to data centers, artificial intelligence, and the creation of crypto assets.\nZacks Rank #2 NVIDIA’s expected earnings growth rate for the current year is 87.4% (ending January 2025). The Zacks Consensus Estimate for its current-year earnings has improved 0.1% over the last 30 days.\nRobinhood Markets Inc.HOOD operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies using its Robinhood Crypto platform.\nZacks Rank #2 Robinhood Markets has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the last 30 days.\nCleanSpark Inc.CLSK operates as a Bitcoin miner in the Americas. CLSK owns and operates data centers that primarily run on low-carbon power. CLSK’s infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion.\nZacks Rank #2 CleanSpark has an expected earnings growth rate of more than 100% for the current year (ending September 2024). The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the last 30 days.\nHut 8 Corp.HUT acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. HUT mines Bitcoin. It merged with US Bitcoin Corp to increase its total hash rate substantially.\nHUT aims to increase its total hash rate to 9.8 EH/s. HUT operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing, Colocation and Cloud, and Other.\nZacks Rank #2 Hut 8 has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the last seven days.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nCleanspark, Inc. (CLSK) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nHut 8 Corp. (HUT) : Free Stock Analysis Report\nRobinhood Markets, Inc. (HOOD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", "The cryptocurrency market suffered a severe blow in April after a strong rally in the previous 15 months. On Mar 14, the largest cryptocurrency, Bitcoin (BTC), recorded an all-time high of 73,750.07. However, it has fallen nearly 17% thereafter. Bitcoin gained more than 67% in first-quarter 2024 after jumping 157% in 2023. At present, Bitcoin is trading 10% below its all-time high.\nOne of the major reasons for the decline in Bitcoin price was the halving event that t Last 60 Days of Bitcoin's Closing Prices:* [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,340,294,176,650 - Hash Rate: 515938901.7236049 - Transaction Count: 510417.0 - Unique Addresses: 499634.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global stock markets rallied on Monday on optimism that major central banks will cut interest rates this year, while the yen weakened against the dollar after a surge last week from Japan's suspected currency intervention. Stocks on both sides of the Atlantic advanced, and in Asia too, as a softer-than-expected U.S. labor market report on Friday led traders to revive bets that the Federal Reserve would ease monetary policy as early as September. The dollar index, a measure of the U.S. currency against six major trading peers, was lower for a fourth straight session after Friday's data showed the lowest jobs gain since October calmed any angst that the Fed might even hike again. Fed Chairman Jerome Powell "told the market that a hike was unlikely. Those were his words, 'unlikely,' and therefore they took that to mean that he wants to cut," said Brad Conger, chief investment officer at Hirtle Callaghan & Co in Conshohocken, Pennsylvania. However, the inflation outlook is still uncertain as the market hopes rates are restrictive enough to slow the economy and reduce the pace of price increases, Conger said. New York Fed President John Williams on Monday said that at some undefined point the U.S. central bank will lower its rate target, but for now monetary policy is in a "very good place," while Richmond Fed President Thomas Barkin said the battle against inflation will likely require a hit to demand. On Wall Street, the Dow Jones Industrial Average rose 0.46%, the S&P 500 gained 1.03% and the Nasdaq Composite advanced 1.19%. In Europe, the pan-regional STOXX 600 closed up 0.53% on signs the European Central Bank is more confident about cutting rates as euro zone inflation continues to decelerate, three ECB policymakers said. Philip Lane, Gediminas Simkus and Boris Vujcic said separately that the inflation and growth data cemented their belief that euro zone inflation, which was 2.4% in April, will slow to the central bank's 2% target by the middle of next year. MSCI's gauge of stocks across the globe rose 0.50% to close at 1,066.73, it's highest since June 2022. Markets in Britain and Japan were closed for public holidays. The dollar index fell 0.07% to 105.10, leaving the euro up 0.07% at $1.0766. Goldman Sachs raised its 2024 EPS growth forecast for STOXX 600 companies to 6% from 3% earlier, the bank said in a note on Friday. According to Goldman, a 10% annual rise in Brent prices adds about 2.5 percentage points to annual EPS growth, and a 10% weaker euro/dollar exchange rate adds about the same. Treasury yields ticked lower as investors assessed last week's subdued job creation, which reinforced view that the U.S. economy was not overheating enough to derail a rate cut. The yield on benchmark U.S. 10-year notes fell 1.3 basis points to 4.487%, from 4.5% late on Friday. Traders are now pricing in 43 basis points of Fed rate cuts by year end, with the first cut possibly in September, according to LSEG's rate probability app. In recent weeks, traders had priced in just one cut due to signs of sticky inflation. Oil prices rose after Saudi Arabia hiked June crude prices for most regions and as the prospect of a quick agreement for a Gaza ceasefire deal appeared slim, reviving fears that combat between Hamas and Israeli forces will resume soon. U.S. crude settled up 37 cents at $78.48 a barrel and Brent rose 37 cents to settle at $83.33 per barrel.[O/R] MSCI's broadest index of Asia-Pacific shares outside Japan peaked at its highest level since February 2023 and closed 0.66% higher, while China's blue-chip index ended up 1.5%. Hong Kong's Hang Seng Index rose 4.7% last week and on Friday clocked its longest daily winning streak since 2018, closing 0.55% higher on Monday. INTERVENTION WATCH Elsewhere, traders remained on alert for further volatility in the yen, after last week's bouts of suspected intervention from Japanese authorities to stop a sharp slide in the currency. Tokyo is believed to have spent more than 9 trillion yen($59 billion) to support its currency last week, as suggested by data from Bank of Japan, taking the yen from a 34-year low of 160.245 per dollar to a roughly one-month high of 151.86 over the span of a week. The yen gave back some of those gains on Monday and was last 0.63% lower at 153.95 per dollar. Gold prices climbed as the dollar weakened. U.S. gold futures for June delivery settled 0.9% higher at $2,331.20 per ounce. Bitcoin gained 0.65% at $63,343.00 and ethereum declined 1.2% at $3,077.3. (Reporting by Herbert Lash, additional reporting by Nell Mackenzie, Rae Wee and Roshan Abraham; Editing by Ed Osmond, Toby Chopra, Nick Macfie and Jonathan Oatis)... - Reddit Posts (Sample): [['u/scottonfire', 'Coinbase Bitcoin balance just shot up to almost 900,000! ', 246, '2024-05-30 01:00', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/', "Last week it was not even 300,000. Anyone got the scoop on what's happening? Must involve the ETF's somehow. ", 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/', '1d3pa2t', [['u/DaveinOakland', 98, '2024-05-30 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l68wquz/', 'Gemini finally releasing earn funds probably has a lot to do with it.', '1d3pa2t'], ['u/B1ggusDckus', 14, '2024-05-30 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l693a00/', 'Sorry guys, I need a bigger Yacht.', '1d3pa2t'], ['u/Legitimate-Ad-6385', 13, '2024-05-30 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l695gv8/', "That's too many. They should put it on sale to reduce inventory", '1d3pa2t'], ['u/Financial_Design_801', 86, '2024-05-30 02:30', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l698xyd/', 'All that matters at any time is 21 million forever', '1d3pa2t'], ['u/SummerVast3384', 25, '2024-05-30 02:37', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l699xro/', 'So… price crash incoming?', '1d3pa2t'], ['u/Free_Entrance_6626', 16, '2024-05-30 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69eykf/', 'Mount Gox?', '1d3pa2t'], ['u/arandomguy159', 35, '2024-05-30 03:17', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69fp7h/', "Hmmm, it doesnt look like what you say... it's been declining.\n[coinglass](https://www.coinglass.com/Balance)", '1d3pa2t'], ['u/2LostFlamingos', 36, '2024-05-30 03:17', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69frcm/', 'We call these “buying opportunities”', '1d3pa2t'], ['u/Budo00', 11, '2024-05-30 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69gxpj/', 'Mmmm i love me price crashes. I will buy and buy it.', '1d3pa2t'], ['u/SmoothGoing', 174, '2024-05-30 03:57', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69lgkf/', 'This just tells you how unreliable "balance on exchanges" stat is.', '1d3pa2t'], ['u/Crypto_tipper', 22, '2024-05-30 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69mpfk/', 'He’s correct. Coinbase was listed as #3 in balance and it almost appears like it was auto corrected to 850k. Source: I look at the CoinGlass data at least once per day', '1d3pa2t'], ['u/bitsteiner', 15, '2024-05-30 04:10', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69nbzr/', 'They are a custodian.', '1d3pa2t'], ['u/The_Realist01', 31, '2024-05-30 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69q1q1/', 'Not 600k that’s absurd.', '1d3pa2t'], ['u/Successful_Nail_9807', 13, '2024-05-30 04:31', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69qeb0/', 'This actually makes sense given all the ETFs combined equal to almost a million bitcoin', '1d3pa2t'], ['u/Financial_Clue_2534', 21, '2024-05-30 04:36', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69r00j/', 'Mt gov too', '1d3pa2t'], ['u/ideit', 26, '2024-05-30 05:43', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l69zpt9/', "Lol, I once gave a coworker 0.1 btc and told him it'd be worth thousands one day. He sold it for $30 that night.", '1d3pa2t'], ['u/summitcreature', 12, '2024-05-30 05:54', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l6a102i/', "I really benefit from discussions like this. I'm not dismissive", '1d3pa2t'], ['u/AAAdamKK', 13, '2024-05-30 08:30', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l6agh5x/', "I'm fairly certain all but 2 or 3 of the ETFs are using CB as custodian. Blackrock's definitely does and they're now the largest.", '1d3pa2t'], ['u/alineali', 10, '2024-05-30 19:39', 'https://www.reddit.com/r/Bitcoin/comments/1d3pa2t/coinbase_bitcoin_balance_just_shot_up_to_almost/l6cr21j/', 'Actually this tells us how unreliable are any metrics that do not have clear definition and cannot be verified - which is almost everything on Coinglass, Cryptoquant etc.\n\nIt is much better to accept that you od not know something than rely on such "sources".', '1d3pa2t']]], ['u/necessary_dm', 'The next superpower nation will be the one that accumulates the most Bitcoin', 120, '2024-05-30 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/', 'When nations control the supply of money in a fiat system, they get to choose how that money is used, which historically has been for wars and expansion of influence. However, in a Bitcoin Standard system, the direction of power will be determined by those with the most wealth (i.e. most Bitcoin)\n\nHowever, it would make perfect sense to me that whichever nation accumulates the most Bitcoin before or during the incoming adoption supply shock will have the most wealth to use for expanding their realm of influence. I foresee this rebalancing of superpowers happening once as the Bitcoin Standard is fully implemented, before it ends up getting redistributed through spending.\n\nAfter this rebalancing and the circular economy takes root, Bitcoin will eventually find its way back into the hands of the people, and it will be exponentially more difficult to fund a war when you must draw money from the citizens of the nation. If the citizens do not agree with the intentions of the war, they will refuse to contribute to it.', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/', '1d3peg2', [['u/analogOnly', 51, '2024-05-30 01:14', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l68xn2j/', 'China and the US both hold good amounts of BTC. However, none as much as all the ETFs combined.', '1d3peg2'], ['u/Emeritus8404', 25, '2024-05-30 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l6901ky/', 'Saylor nation', '1d3peg2'], ['u/Lord_emotabb', 11, '2024-05-30 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l690vek/', 'dauym, el salvador will be the powerhouse in 2080!', '1d3peg2'], ['u/bearCatBird', 35, '2024-05-30 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l695bj5/', 'Which the US Gov will liberate from oppressive citizen ownership.', '1d3peg2'], ['u/wealthychef369', 16, '2024-05-30 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l69621d/', '100% true. \nUS DOJ has seized over 200k bitcoins \nThe anti surveillance state act prohibiting a central bank issued CBDC is a joke. Fractional reserve banking means the usd is already 90% CBDC anyways lmao. \n\nThe first country to figure and release a bitcoin backed CBDC will become very wealthy.', '1d3peg2'], ['u/Dangermiller25', 22, '2024-05-30 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l696nte/', 'Generally I’d be like no the government wouldn’t do this but they did it with gold.', '1d3peg2'], ['u/Just1_More', 17, '2024-05-30 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l69aprd/', "To further on this... is there a time in human history governments didn't steal from their people?", '1d3peg2'], ['u/DekiEE', 15, '2024-05-30 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l69aw4q/', 'They have less BTC than some OGs forgot on their paperwallets. The US seized more than their whole stack on multiple occasions. I think they hold 5-6k of BTC , which should level at around 400M USD. Even if Bitcoin goes 10x, this is a rounding error for global players. The US military complex sneezing will probably cost more than they could afford.', '1d3peg2'], ['u/Turtle2k', 19, '2024-05-30 02:51', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l69bz7s/', 'Superpowers arent nations anymore, they are corporations', '1d3peg2'], ['u/Joeman106', 15, '2024-05-30 02:51', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l69bzvh/', 'Oh yea they just stole from native Americans and black people, way better /s', '1d3peg2'], ['u/Wsemenske', 18, '2024-05-30 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1d3peg2/the_next_superpower_nation_will_be_the_one_that/l69hh4v/', 'Saylor Moon', '1d3peg2']]], ['u/greenmintology04', 'What even is the limit gonna be anymore?', 62, '2024-05-30 02:33', 'https://www.reddit.com/r/queensofleague/comments/1d3r7rt/what_even_is_the_limit_gonna_be_anymore/', 'How long are we gonna use the excuse that the game is free? If they have the audacity to try this, what do you think is the limit gonna be? At this point, a game mode locked behind a paywall is not that far fetched anymore. Or fuck it, they could go full balls to the walls and do a full mobile system, where the next thing we hear is the game is gonna be energy based, every game cost energy, but dont worry the game is still free, all you need to do is wait for 24 hours to refill the energy, but if you dont wanna wait, heres an energy pack which would cost you a little money. And again that seems impossible the same way that none of us expected a $500 dollar skin. Cause at this point, the boundaries are off, they don\'t care, and there\'s no limit anymore.\n\nYou will say that this will kill the game and it will not work, but the $200 skin did, and we also thought it would not work. Cause it happened multiple times, and will still continue to happen. And we are now being gullible to think that the $500 will not work, but you know deep down that it will work. So yes, even a game mode or a feature being locked behind a paywall will work if they tried it. Because people keep supporting their fuckin decisions.\n\nAnd I will say this as nice as possible for those people that will defend or use the excuse "its just a cosmetics" or "this things are what keeping the game free" or "why even care, let peole buy what they want" \n\n Just shut up. You wont get anything from sucking Riots dick. Just let us btch and complain. Just let us resist. Just let us be mad. Just let us fight. Before the limits are pushed beyond what is reasonable. Before it\'s too late. \n', 'https://www.reddit.com/r/queensofleague/comments/1d3r7rt/what_even_is_the_limit_gonna_be_anymore/', '1d3r7rt', [['u/gallaghershusband', 63, '2024-05-30 02:44', 'https://www.reddit.com/r/queensofleague/comments/1d3r7rt/what_even_is_the_limit_gonna_be_anymore/l69b0xg/', 'It’s crazy to me that there’s people willing to defend a $500 skin. \n\nYeah, you don’t have to buy it. Yeah it’s just optional. But the price tag is the problem. $500? Buying it will enable this further. What’s next, $1000 skins? \n\nNothing is stopping them from paywalling things at this rate because if people defend and buy the ahri skin they’ll double down on these predatory tactics and continue to make even more anti-consumer decisions.\n\nAlso the fact the client is still literal shit and they’ve never invested in fixing the thing. So where’s this money going? Riot higher ups pockets. They’ve never tried to actually improve the client, and they never will. This is just corporate greed to the extreme.', '1d3r7rt'], ['u/Almighty_Vanity', 24, '2024-05-30 03:48', 'https://www.reddit.com/r/queensofleague/comments/1d3r7rt/what_even_is_the_limit_gonna_be_anymore/l69kafq/', 'I bet some Riot exec will have an orgasm of they read that energy idea.', '1d3r7rt'], ['u/squishabelle', 12, '2024-05-30 05:51', 'https://www.reddit.com/r/queensofleague/comments/1d3r7rt/what_even_is_the_limit_gonna_be_anymore/l6a0pvr/', "the price is ridiculous but im not worried it's gonna escalate to paywalling non-cosmetic stuff. yes, the lid is off and they can make skins for even higher prices, but there has never been an indication they would ask money for gameplay related stuff. \n\nthat doesn't mean you cant be mad about the price, just that this partucular reason seems a bit too speculative", '1d3r7rt'], ['u/Kittentheone', 12, '2024-05-30 06:03', 'https://www.reddit.com/r/queensofleague/comments/1d3r7rt/what_even_is_the_limit_gonna_be_anymore/l6a22ho/', 'If this continues riot will go the way of blizzard and slowly be surely die. When they shut down riot forge I was devastated. When they paused the mmo i knew something bad was happening then they FIRED their lore team the team who did heart steel kda and so many champ reworks. Also the fact they completely gutted the card game is insane but the complete laziness for the advertising of their fighting game. This might be the demise finally for riot of they are that strapped for cash', '1d3r7rt']]], ['u/Mobile_Laugh_9962', 'How much money to maintain fiat? Not just printing but all aspects of banking to secure the currency and back it?', 57, '2024-05-30 03:16', 'https://www.reddit.com/r/Bitcoin/comments/1d3s267/how_much_money_to_maintain_fiat_not_just_printing/', 'Narrow minded views of energy consumption allow for fear tactics distract from the reality that other commodities require a shitload of energy. There are at least 77,500 bank buildings in the US right now ($350m in energy costs using conservative estimates) ... Just the US and just the branches, not the corporate offices, not their servers, not the 1000s of other things needed to maintain those banks and the fiat currency itself or all the parties involved in payment processing... Now think global. Bitcoin is cheap compared to the alternative.\n\n', 'https://cointelegraph.com/news/2-7-billion-worth-electricity-spent-bitcoin-mining-us-2024', '1d3s267', [['u/theprincessofwhales', 38, '2024-05-30 03:37', 'https://www.reddit.com/r/Bitcoin/comments/1d3s267/how_much_money_to_maintain_fiat_not_just_printing/l69ip72/', 'The whole “bitcoin doesn’t work bc of its energy consumption” is one of the most frustrating anti btc arguments in my book. So much of it is sustainable yes, but it also provides so much potential energy that just has to be harnessed imo. That heat can power greenhouses for example. We used to mine in the winter and not use our furnace. No one was coming to give us carbon credits though! \nJust like bitcoin is reinventing the monetary system as we know it, we need to turn to energy production and take a hard look at what can change. \n\nEco gatekeeping is a bad habit for humanity.', '1d3s267'], ['u/JYoungSocial', 20, '2024-05-30 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1d3s267/how_much_money_to_maintain_fiat_not_just_printing/l69wdpc/', 'When someone spouts the fiat tripe, show them this well-researched paper:\n\n"Bitcoin: Cryptopayments Energy Efficiency"\n\nhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=4125499\n\nThe key point:\n\n"We demonstrate that Bitcoin consumes at least 28 times less energy and can run today with 60 times less energy than the classical system. At a single transaction level and with total volumes accounted for, Bitcoin produces equivalent energy efficiency rates or better. When Bitcoin Lightning is compared to Instant Payment scheme, Bitcoin gains exponentially in scalability and efficiency, proving to be millions of times more energy efficient per transaction than Instant Payments."\n\nIf I remember correctly, the Lightning Network is one million times more efficient than fiat.\n\nOverall, the author does a great job of accounting for all of the collateral energy hogs of the fiat system.', '1d3s267'], ['u/DareBrennigan', 12, '2024-05-30 05:18', 'https://www.reddit.com/r/Bitcoin/comments/1d3s267/how_much_money_to_maintain_fiat_not_just_printing/l69wlfe/', 'Incentivizing plentiful, cheap energy is imperative. Bitcoin does this.', '1d3s267'], ['u/Individual2020', 15, '2024-05-30 05:41', 'https://www.reddit.com/r/Bitcoin/comments/1d3s267/how_much_money_to_maintain_fiat_not_just_printing/l69zj88/', 'Fiat is essentially backed by war and nothing else. That takes an enormous amount of energy', '1d3s267']]], ['u/Jonalong', "SCAMMED (I'm an Idiot) BE CAREFUL", 66, '2024-05-30 04:55', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/', "Yesterday evening I received a call on my mobile phone from someone claiming to be from the Crypto.com fraud department. They said they were calling to verify recent transactions on my card.\n\nUpon checking my account, I noticed two attempted transactions that I did not make (or authorize). I confirmed this with the caller. They informed me that two transactions of £5,000 each had been attempted on my card, and that a recent crypto wallet address had been whitelisted against my account, putting my funds at risk. They advised me to transfer my funds to my Crypto.com DeFi wallet, which requires a 12-word offline recovery method for security.\n\nFollowing their instructions, I received confirmation codes from Crypto.com’s official messaging number, prompting me to enter the information provided by their 'advisor'. I then transferred my Bitcoin and Cronos to my Crypto.com DeFi wallet. Unfortunately, within about half an hour of completing the call, the funds disappeared from the wallet. I have contacted Crypto.com about this but have not yet heard anything back.\n\nI feel like a complete Idiot but the caller was extremely convincing, came from a ‘trusted’ number and was able to issue texts through the official Crypto.com text authorisation.\nDo not fall for this trap.", 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/', '1d3tzyu', [['u/Sonny_66', 18, '2024-05-30 07:28', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6aaxey/', 'How much did you lose bro?', '1d3tzyu'], ['u/Jonalong', 31, '2024-05-30 07:29', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6ab1lo/', '£46k GBP', '1d3tzyu'], ['u/Classic_Row6562', 105, '2024-05-30 08:13', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6af11w/', 'Jesus ... literallly ANY exchange / crypto service provider states countless time that they never contact by phone their clients...\n\nSorry for your loss', '1d3tzyu'], ['u/Hypno_Hamster', 11, '2024-05-30 08:23', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6afuwd/', "^^ THIS\n\nYou couldn't have been compromised via your defi wallet unless you gave them your seed phrase or you gave access to a malicious contract.", '1d3tzyu'], ['u/Schneehenry3000', 19, '2024-05-30 08:25', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6ag40v/', 'Fuck, thats almost 2 times my Portfolio.\n\nSorry for your loss.', '1d3tzyu'], ['u/lordofming-rises', 12, '2024-05-30 09:18', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6akm9k/', "That's 20 times mine", '1d3tzyu'], ['u/Kev-O_20', 24, '2024-05-30 09:44', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6amp35/', 'Stop answering phone calls.', '1d3tzyu'], ['u/Kayless3232', 11, '2024-05-30 10:37', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6aqv6b/', 'I dake cale of you my blother, no ploblem.', '1d3tzyu'], ['u/luckor', 15, '2024-05-30 10:44', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6ardsg/', 'Your explanation doesn’t add up or leaves out important information as to how the scammers actually got access to your wallet. Just transferring your crypto to Defi is not enough. \n\nHave you shared your seed phrase? Did you send crypto to a different wallet? Did you go to a URL provided by the caller? Download tools/apps there? Approved a contract or transaction in the DeFi wallet? Gave someone or entered somewhere a security code that you received via text?\n\nJust talking on the phone and transferring funds to your DeFi account alone doesn’t put your funds at risk.', '1d3tzyu'], ['u/WebProject', 13, '2024-05-30 10:53', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6as3yh/', 'Who cares to read or understand! General public in UK is full of dumb people. As example: they do store password to their PC account at work on sticky note in front of computer 😂😂😂', '1d3tzyu'], ['u/No-Presentation6357', 13, '2024-05-30 11:56', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6ax8x6/', "Who answers the phone for numbers they don't personally recognize anymore?", '1d3tzyu'], ['u/madd_turkish', 26, '2024-05-30 13:47', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6b8e5z/', 'Crazy how people still fall for this shit', '1d3tzyu'], ['u/Brighton_UAP', 12, '2024-05-30 17:23', 'https://www.reddit.com/r/Crypto_com/comments/1d3tzyu/scammed_im_an_idiot_be_careful/l6c4bxt/', "This. I haven't answered phone calls from unknown numbers since 2007. Same with answering the front door when you're not expecting a visit or delivery. It is absolutely never good news.", '1d3tzyu']]], ['u/cloudatlas93', 'Validity of Episcopal/Anglican sacraments/apostolic succession?', 24, '2024-05-30 05:01', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/', "Hi folks\n\nI was raised Catholic, and have been interacting with the r/LGBTCatholic subreddit despite attending Episcopal churches for almost a year now.\n\nI've been wondering about counterarguments to Catholic claims that Anglican/Episcopal apostolic succession is invalid. From what I can tell, people claim that, because the Anglican Church subscribed to the 39 articles, which apparently denied that Holy Orders was a sacrament, Catholics claim that the apostolic succession was broken and this means the sacraments in the Episcopal Church are null and void. I've also heard the argument that female ordination breaks apostolic succession, but that to me is just plain sexist and it's easier for me to dismiss than this more theological issue.\n\nNow, let me say, I don't think it's helpful or healthy for me to continue to treat the RCC as the de facto authority on theology. There is definitely that part of me that was inculcated as a child to believe that it was the one true church that would like something to counteract these claims, though. I also think it will help potentially bring over some other queer Catholics who are struggling to leave the RCC if I have a good response to this argument. \n\nThanks in advance", 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/', '1d3u3yp', [['u/Novel-Ordinary-1973', 13, '2024-05-30 05:41', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l69zjtg/', 'Anglican/Episcopalian apostolic succession is absolutely valid if we go from bishop to bishop to bishop. The Anglican/Episcopal church is not founded by some charismatic cult Christian, but had a direct line of apostolic succession which goes all the way back to Christ himself. The issue is whether a Roman pontiff had the authority to excommunicate certain lines of this apostolic succession. Most Catholics think he did. However, any historian can tell you that the politics of the day were very fraught, and the Henry VIII divorce case was much more political than principled. All this to say that yes, Anglican sacraments and apostolic succession are valid. The Catholic Church admits as much when they established the Ordinariate.', '1d3u3yp'], ['u/HudsonMelvale2910', 11, '2024-05-30 06:11', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l6a321d/', 'Aside from the points that others have brought up, I think one of the best arguments is history itself. As the RCC presents it, they are the correct and largely unchanging church. This is something that IMO you either believe or don’t. One could argue God guided every decision to bring the RCC to its present point. Yet, once you start disagreeing on things like LGBTQ Affirmation or the ordination of women, that argument quickly falls apart.\n\nWhen we actually take the broad view, the unchanging RC doctrine is not the case. From papal infallibility (only actually established in the 1870s as Pius IX as he was literally under siege and even then not unanimously) to Transubstantiation (emerged in the 12th century using recently rediscovered Aristotelian metaphysics in an attempt to explain the real presence in the Eucharist) to the surprisingly widespread support before the Council of Trent for some variation of sola fide, it quickly becomes apparent that massive changes have happened and that the church is a very human institution.\n\nI also think it’s worth noting that a lot of claims are backed by the Petrine primacy. While I think many Episcopalians would have no issue according the Bishop of Rome a “first among equals” status among bishops, the claims of primacy don’t hold up IMO. The initial center of the church, Jerusalem, was destroyed in 70 during the Jewish revolt. James, the brother of the Lord, had served as the Bishop of Jerusalem until his martyrdom just before the revolt. It’s logical that the bishop of the capital and largest city of the empire would then assume a leading role after Jerusalem’s destruction. The institution of the papacy emerged during the power vacuum created by the collapse of three Western Roman Empire. Unlike the other patriarchs, there was not often effective imperial control, especially once the pope crowned a new western emperor (Charlemagne) because obviously a woman (Irene) couldn’t rule. The slow collapse of the Eastern Empire and lack of other patriarchs in the West effectively left the pope as a uniquely powerful bishop.', '1d3u3yp'], ['u/Polkadotical', 16, '2024-05-30 06:16', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l6a3jo9/', 'The Catholic church tells its members a lot of nonsense about them being the only church and their Eucharist being the only "real one," and all that. It\'s bogus. The Catholic church doesn\'t own God, they aren\'t the only "hotline" to God and God does what he wants, where he wants. They don\'t tell him what to do or who to exclude as much as they\'d like to.', '1d3u3yp'], ['u/Valuable-Olive-7750', 10, '2024-05-30 06:38', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l6a5y0x/', "I take Apostolic Succession very seriously. That said, I think the RCC has painted themselves into a corner so much on this, because my favorite argument against this is that there is a case to be made that some of the reasons Anglicans supposedly don't have Apostolic Succession applies to the RCC itself since Vatican II: https://traditionalmass.org/images/articles/NewEpConsArtPDF2.pdf", '1d3u3yp'], ['u/MyUsername2459', 23, '2024-05-30 13:47', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l6b8f96/', 'There\'s an official Anglican rebuttal to Rome\'s claims that Anglican ordination is invalid called Saepius Officio. [http://anglicanhistory.org/orders/saepius.pdf](http://anglicanhistory.org/orders/saepius.pdf)\n\nHowever, that being said, a short version of the argument for the validity of Anglican ordinations is as follows:\n\nWhen Rome said that Anglican ordinations are invalid, they literally invented a new requirement for ordinations to find one that their ordinations had but ours (for about 70 years) did not. Specifically, they claim that Anglican apostolic ordination was broken in the late 16th century when the Church of England used a simplified and shortened ordination ceremony that did not mention the sacrificial nature of the Eucharist. Rome said that not mentioning the sacrificial nature of the Eucharist in an ordination rite makes the ordination invalid, even though the specific intent by the CoE was to preserve apostolic succession in the ordination.\n\nHowever, ONLY Latin-rite ordinations have that language. Other liturgical rites that Rome sees as valid don\'t have that in their ordination liturgies. Rome considers Eastern Orthodox ordinations valid but their ordinations never had any language like that in them, or any other liturgical rite practiced in Eastern Rite Catholicism.\n\nAlso, when Rome later published Luminem Gentium, the modern constitution of the Catholic Church in 1964 that included various things like the strict technical requirements for ordination, they didn\'t include that in their text either. When Rome has been pressed on this specific issue, they\'ve tried to weasel around it by saying that that the discussion of the sacrificial nature of the Eucharist was "implied" in literally every other liturgy or rite but wasn\'t implied in the late 16th century CoE ordination rite (one prominent theologian in the Church of England at the time didn\'t believe the Eucharist was sacrificial, and Rome tries to treat his personal opinions as formal or universally held CoE doctrine, which it never was). . .so Rome was trying to argue about what was implied in a rite that was used centuries ago and wasn\'t under their jurisdiction at the time, in such a way that the implications specifically broke Apostolic Succession despite the express intent of the Church of England at the time to preserve it (as the Church of England was one of fairly few forms of Protestantism that tried to preserve it, along with some forms of Lutheranism).\n\nIn all of Catholic theology, the ONLY time Rome has tried to say that specific language had to be present for an ordination to be valid is when they said the Church of England ordination used in the late 16th century which had it omitted for about half a century (then restored in the next version of the Book of Common Prayer) was faulty for lacking it.', '1d3u3yp'], ['u/IntrovertIdentity', 13, '2024-05-30 14:15', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l6bbs7e/', 'Our church has a claim of apostolic succession, and it’s a claim we take very seriously. And I know Rome doesn’t recognize it, but it isn’t up to Rome to decide who does and doesn’t have it.\n\nSomething I have heard Catholics say is “we have valid holy orders; and Orthodoxy has valid holy orders. And that’s it.”\n\nI have been told that it is permissible for a Catholic, under extenuating circumstances, to receive communion in an Orthodox Church, and vice versa: an Orthodox Christian can, in extenuating circumstances, receive Catholic communion.\n\nBut that’s only Rome’s opinion. The Orthodox Church forbids anyone who isn’t orthodox from receiving communion; and likewise, an Orthodox Christian cannot receive Catholic communion.\n\nWith everyone questioning everyone else’s apostolic succession, I’m not convinced that we must be accepted in Rome’s view for us to have it. We have a claim, and we live by it. Whether others recognize it is up to them.', '1d3u3yp'], ['u/TomeThugNHarmony4664', 10, '2024-05-30 18:08', 'https://www.reddit.com/r/Episcopalian/comments/1d3u3yp/validity_of_episcopalanglican_sacramentsapostolic/l6cc0av/', 'Amen. \n \nAnd meanwhile, Jesus shared communion with Judas, so this denying people communion unless they agree with you 100% stance is not only nonsense, it is contrary to the examples we receive from scripture.', '1d3u3yp']]], ['u/Flurb789', "What's the MOST btc you're comfortable leaving on an exchange?", 44, '2024-05-30 05:21', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d3uh8v/whats_the_most_btc_youre_comfortable_leaving_on/', 'I am trying to minimize my small utxos, so only moving my DCA bag to cold storage very infrequently.\n\nWhat balance is too much for you to keep on exchange?', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d3uh8v/whats_the_most_btc_youre_comfortable_leaving_on/', '1d3uh8v', [['u/bitusher', 11, '2024-05-30 05:29', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d3uh8v/whats_the_most_btc_youre_comfortable_leaving_on/l69y1vi/', 'No more than 500 dollars of BTC before withdrawing to reduce fees and UTXOs.', '1d3uh8v'], ['u/yldf', 18, '2024-05-30 09:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d3uh8v/whats_the_most_btc_youre_comfortable_leaving_on/l6ak46w/', 'My first reaction to this: wtf are UTXOs? I proceeded to read a website explaining it, and now my question is: wtf are UTXOs?', '1d3uh8v'], ['u/Andregetta81', 15, '2024-05-30 15:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d3uh8v/whats_the_most_btc_youre_comfortable_leaving_on/l6bozg7/', 'look \n\nIf you use both DEX and Ce X \n\n its important to understand why so many people get their bags frozen by cex \n\n so you know how to avoid it yourself \n\n https:\\/\\/www.reddit.com\\/r\\/CryptoAssist\\/comments\\/1cvpuxu\\/how_anti_money_laundring_aml_system_works_and_how\\/', '1d3uh8v'], ['u/bitusher', 17, '2024-05-30 16:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/1d3uh8v/whats_the_most_btc_youre_comfortable_leaving_on/l6bqusl/', 'UTXO = Unspent transaction outputs or the technical name for Bitcoin\n\nBitcoin uses the UTXO model instead Account model for a good reason. Account models seem to be slightly easier to understand (like your checking account with fiat) but the UTXO model is more scalable and more private.\n\nHere is an analogy to consider\nEach UTXO is a gold coin in your wallet . You have one gold coin worth 0.5 BTC , another 0.3 BTC , and a third worth 0.45 BTC. Each of these coins has an address label that helps with accounting but they are all within the same wallet. (addresses are more attributes and not locations) The merchant requests 1 BTC for a car so you melt those 3 coins(inputs) down and create 2 new coins (outputs) . 1 gold coin worth 1 BTC goes to the car salesman, the other gold coin goes to back in your wallet 0.249899472 BTC with a new label and the gold dust left behind is now the miners who helped you smelt these 2 new larger coins from 3 previous coins\n\nBitcoin transactions are comprised of inputs and outputs and you always end up spending or sending unspent outputs(UTXOs)\nSo say you have a Bitcoin wallet\nAnd you receive 3 transactions –\n\nTx 1 = 0.5 BTC sent to Address A\n\nTx 2 = 0.3 BTC sent to Address B\n\nTx 3 = 0.45 BTC sent to Address C\n\nNow you have a total balance of 1.25 BTC. You than decide to buy something worth 1 BTC. The wallet is forced to take 3 inputs from these 3 addresses and send to one address leaving this :\n\nThe inputs\n\nAddress A = 0 BTC\n\nAddress B = 0 BTC\n\nAddress C = 0 BTC\n\nThe outputs\n\nAddress D(in another wallet) = 1 BTC\n\nAddress E( Back to your wallet) = 0.249899472 btc change going back to a new change address in your wallet\n\nWait, you may ask why didn’t you get 0.25 btc back in change? = You paid a miner fee of 4.72usd of btc to include the tx in a block', '1d3uh8v']]], ['u/BreddaGravalicious', "It comes down to this: You either trust the DEVs' master plan or you don't", 68, '2024-05-30 05:54', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/', "\\[TL:DR summary at the end of the post\\]\n\nThere are 3 main ways you can interpret what's going on:\n\n1) the DEVs are going to run away with all the money and leave us out in the cold.\n\nThis was the FUD right from the start before our SLOTH was even airdropped. \nLoud, insistent voices declaring we'd all been conned and we'd never see any coins. Once we saw our SLOTHs in our DEX wallets that was disproven so the voices of FUD moved on to it being a pump and dump... \nThen it was about the liquidity not being locked... \nThen it was about them not having a verified identity with Coingecko... \nAnd so it went on. \nOver a month in and they \\still\\ haven't run away with all the money! \nFor criminals, they sure are being leisurely about it.\n\n2) the DEVs are incompetent and negligent and \\I\\ know better what they should be doing.\n\nThey should post every day to try hype the market, or to calm our nerves (even if there is nothing to actually report)... \nPump the price by burning the $20M from the pre-sale on short-term marketing.... \nDesperately burn more coins... \nSomething, anything other than follow their strategy so far!\n\n3) the DEVs actually know what they are doing, and have done so right from the start.\n\nBased on their track record of all the things they've gotten right, I personally am confident that they are working away at building a helluva successful meme coin. They are certainly doing a lot better than I would! Which is why you won't find me saying what I think they should do. I've accepted they are smarter than me at this particular game. I'm getting out of their way and letting them do their job while I focus on mine.\n\nOne of the things about how they are doing things, is they are deliberately NOT putting the SLOTH business development strategy (eg. a whitepaper) into the public domain. They never showed the cards they were holding right from the start. In fact, they are very much doing things behind closed doors.\n\nThe problem for a lot of us is we've learnt not to trust, especially in the crypto space. \nAfter all, a lot of crazy shit has taken place in even mainstream crypto, let alone degen memecoins. \nAnd seen as how all our survival fears kick in around money and risk, any information vacuum drives the impatient investor crazy. \nWhen there is a lack of information, a fearful mind fills in the blank with your worst imaginings, with disaster scenarios. \nBut the honest truth is, you don't actually \\know\\ that something bad is happening, it's just that you just don't know what \\is\\ happening because so much of it is happening behind the scenes. \nCan you be okay within yourself without having to know how everything is going to play out?\n\nUnderstandably, many of us find it challenging to see the price decline since our ATH 10 days ago. \n(For comparison, Bitcoin's ATH was 78 days ago. SOL's ATH was 936 days ago. Ours was 10! 10!) \nNow, my emotions go up and down with the price too. \nBut I also see the time scale at which this is playing out and what I see is that it's not about the price this week or even this month. The DEVs are building something solid over time - like the Sloths they are. \nNow, I'm not here for a quick 2x or 3x. If I was I would have sold when we hit that a couple weeks back. \nNo. I am here for 20x, 50x, 100x or more. Life changing money. So the fact that they are not chasing short term price action is actually quite reassuring to me.\n\nAs investors, there are only two prices that matter - the price you buy at and the price you sell at. \nEverything else might move our emotions but none of it makes any $ difference in the end. \nWhat we \\could\\ have bought at, and \\could\\ have sold at is not even worth thinking about, except to learn from for the future. \nBuy low, sell high. That's the whole game there. That's it.\n\nNow if you really don't trust the DEVs to do the right thing, and you are not okay with the pace of the project's unfoldment, then perhaps SLOTH is not the right investment for you. \nAnd if you do decide it's your time to sell, please be respectful to those of us who are supporting each other through these formative stages and bow out in a friendly way. We still love you! Thanks for going on this journey with us.\n\nFor those of us who DO trust the DEVs, let them focus on their job whilst we focus on ours. \nKeep building the community and confidently spread the word about this great opportunity to grow wealth and be a part of creating something fun and special together!\n\nP.S. Just so you know that I have put my money where my mouth is, here's my story. Once I figured out that the DEVs were legit, I liquidated all other investments and put everything I have into SLOTH. Literally everything I've built up over years, and all spare cash in my bank account. I haven't sold a single SLOTH since then, and I certainly don't intend to at these prices. In fact, if I had any more cash I would buy more. You do you, but that's how much I believe in this project.\n\nTL:DR \n1. No, the DEVs have not run away with the money. They could have right from the start, but they haven't. \n2. The DEVs are following their own strategy and their own timeline for developing SLOTH and they are not sharing it with the marketplace. Opinions of the peanut gallery on what they \\should\\ are pretty much a waste of time. \n3. If you really don't trust the DEVs, then perhaps this is not the right project for you. Please be considerate on how you exit. We still love you! \n4. If you decide to give the DEVs the benefit of the doubt, then no need to second guess them. Instead, go do something else in your life and check back in a month or three. Or, better yet, join us and turn all that nervous energy towards building up our community and spreading the word about our beloved SLOTH. \nViva la Sloth!", 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/', '1d3v2k1', [['u/TheDude_Abldess', 17, '2024-05-30 06:06', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/l6a2f93/', 'Very well said. The few that are here for the quick cash won’t read it unfortunately. I bought into the presale the moment it opened. I was around the sub when the FUD was being pushed before the drop. I’m still here as is most of us that bought into the presale. I am all in as well because I see this as a legitimate and worthwhile project. Very DOGE like with the community and the memes. I also believe the DEV’s know that with positive forward moving posts on X can influence the price greatly. I would like to think they understand that power and are reserving it for when it counts and not devaluing it by posting once a day. Again, great words of motivation using logic with zero emotion.', '1d3v2k1'], ['u/BreddaGravalicious', 12, '2024-05-30 06:11', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/l6a2zao/', 'Cheers! Thanks for reading.\n\n"The few that are here for the quick cash won’t read it unfortunately." <-- oh, well! lead, horse, water and all that, I guess\n\n"I would like to think they understand that power and are reserving it for when it counts and not devaluing it by posting once a day." <-- yes, indeed\n\nThanks again.', '1d3v2k1'], ['u/Present-Read-4348', 10, '2024-05-30 07:39', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/l6ac04o/', "Thank you for this post! I trust the devs 🦥 this journey ain't gonna be easy but I still have good feelings about this and won't sell at least for a year to see how things are going.", '1d3v2k1'], ['u/Hjerne-Fis', 10, '2024-05-30 08:00', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/l6adv1n/', "Everyone must read this! It perfectly sums up everything! I share all the ideas and opinions!\n\nIt's time to fully trust the developers, time to step on the gas. Time to hype up the community. Time to spread the slovenly slothness!", '1d3v2k1'], ['u/Same_Policy_9591', 11, '2024-05-30 08:36', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/l6ah29d/', 'Hell of a post bro. You put it all out there. Well done 🛥️💨', '1d3v2k1'], ['u/Same_Policy_9591', 10, '2024-05-30 08:43', 'https://www.reddit.com/r/SlothanaOfficial/comments/1d3v2k1/it_comes_down_to_this_you_either_trust_the_devs/l6ahl4p/', 'Thats kicking some knowledge right there. That’s exactly what a lot of people needed to hear. I’m kinda in same boat with liquidating to build this bag. Good luck y’all 🛥️💨', '1d3v2k1']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, May 30, 2024', 34, '2024-05-30 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/', '1d3v66k', [['u/Defacticool', 12, '2024-05-30 06:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6a771v/', 'Sold a bit of equities yesterday and bought some (etp) btc with it\n\nWill that turn out to have been prudent?\n\nLets watch', '1d3v66k'], ['u/phrenos', 27, '2024-05-30 11:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6awau1/', "Don't make me do $66k again. I'm tired boss.", '1d3v66k'], ['u/Defacticool', 18, '2024-05-30 12:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6ayqap/', 'The 66k posting will continue untill price improves!!', '1d3v66k'], ['u/edgedoggo', 13, '2024-05-30 13:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6b3jky/', '1 day bull flag, not worried', '1d3v66k'], ['u/WYLFriesWthat', 20, '2024-05-30 14:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6bgd0y/', 'Bitcoin in treasuries, corporate balance sheets, sovereign wealth funds… it feels like there is an OTC feeding frenzy on, and the price action we see is merely a story being told to us. But that is not THE story.\n\nI am sure if retail was even marginally involved in buying action, we would see a supply crunch hit fast. Lucky for the accumulators that we are stuck in a demoralizing range and that it’s summertime. \n\nWhen this thing cracks, faces will melt.', '1d3v66k'], ['u/dopeboyrico', 30, '2024-05-30 15:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6bhrg9/', 'Next major catalyst: Biden has until June 3rd to veto the repeal of SAB 121 or to sign it into law.\n\nA repeal of SAB 121 would allow banks to custody crypto assets for clients which would open the door to lending against BTC at favorable interest rates without having to sell and trigger a taxable event. “Not your keys, not your coins” would still remain applicable.', '1d3v66k'], ['u/imissusenet', 37, '2024-05-30 15:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6bhsbt/', "Some charts to help you sleep:\n\n[https://imgur.com/a/eB21xWS](https://imgur.com/a/eB21xWS)\n\nChart 1 -- Price after The Halvening.\n\nChart 2 -- Price after The Halvening, close-up on first 6 months.\n\nChart 3 -- Price after cycle tops.\n\nChart 4 -- Daily low, and Never Look Back price.\n\nWhy do I say these charts will help you sleep? Well, they can either reassure you that we're right where we're supposed to be, or they show you this price action really is boring and a nap would feel great.", '1d3v66k'], ['u/dopeboyrico', 16, '2024-05-30 16:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6buwjz/', 'Disagree. Outside of crypto I think most people have no idea what SAB 121 is or what difference it would make if it gets repealed or not. No skin in the game vs skin in the game.', '1d3v66k'], ['u/pseudoreddituser', 15, '2024-05-30 17:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6c3d2p/', "Anyone hear anything about BTC ETF options? Thought the deadline for decision was yesterday but assuming they just delayed again since I haven't heard anything", '1d3v66k'], ['u/AccidentalArbitrage', 10, '2024-05-30 17:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d3v66k/daily_discussion_thursday_may_30_2024/l6c5kud/', 'You had it for over half of this month (hell, you had a chance sub 5... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The Department of Justice is advancing a case alleging that two men in Estonia cheated investors in a byzantine cryptocurrency mining operation that generated $575 million, authorities said.\nSergei Potapenko and Ivan Turõgin, both 39, were arrested in Tallinn, Estonia, and charged on an 18-count indictment filed in the Western District of Washington,DOJ said in a statement today. According to the indictment, the duo claimed to offer virtual currency mining rights to customers for a fee, but in reality they were relying on sham invoices, fabricated documents, and a crypto mining capacity of less than 1% of what they told customers. Potapenko and Turõgin, and others who were unnamed in the indictment, spent the money people paid them on real estate properties in Estonia, luxury cars, and lavish gifts, authorities said.\n“The size and scope of the alleged scheme is truly astounding. These defendants capitalized on both the allure of cryptocurrency, and the mystery surrounding cryptocurrency mining, to commit an enormous Ponzi scheme,”said U.S. Attorney Nick Brown of the Western District of Washington in a statement. “They lured investors with false representations and then paid early investors off with money from those who invested later. They tried to hide their ill-gotten gain in Estonian properties, luxury cars, and bank accounts and virtual currency wallets around the world. U.S. and Estonian authorities are working to seize and restrain these assets and take the profit out of these crimes.” TheFBI is also investigating the fraud and actively seeking victimsin the probe.\nStarting in 2013, authorities said Potapenko and Turõgin relied on a network of shell companies, bank accounts, and virtual asset service providers and wallets to funnel fraudulently obtained funds from victims who thought they were buying mining hardware. According to the U.S. Attorney, the duo claimed that its virtual cryptocurrency mining process, the process of verifying and adding transactions on a blockchain ledger, had significant power and capacity. Currency mining power is measured by “hashrate,” which indicates the number of calculations the computer can perform per second. In cloud or remote mining, people can rent so-called hashrate from a mining operation and get a portion of the virtual coins mined.\nPotapenko and Turõgin started a company called HashCoins in Estonia in December 2013 and marketed the firm’s mining equipment for Bitcoin and other digital assets,the indictment states. In reality, HashCoins didn’t manufacture the equipment but was buying, building, and reselling parts manufactured by other companies. By 2014, HashCoins had a flurry of unhappy customers and it struggled to meet requests for refunds and fill new orders, authorities said.\nIn 2015, HashCoins told some clients that their undelivered currency mining equipment would be operated remotely instead of giving actual machines to customers that they paid for. Under the new deal, customers would get rights under mining contracts that would pay them a percentage of profits from the overall operation, known as HashFlare, authorities allege.\nSupposedly, HashFlare allowed customers to buy virtual currency mining capacity that people paid for using credit cards, bank wires, and virtual currency transfers. Potapenko and Turõgin told customers they could access their accounts through the HashFlare website, view their balances, and withdraw or reinvest to buy additional hashrate, authorities said. This generated more than $550 million from customers who wanted in on virtual currency mining. In reality, HashFlare’s mining activity was estimated to be less than 1% of the hashrate it sold to customers for Bitcoin mining and less than 3% of the hashrate sold for mining other coins.\nAnd when people wanted to withdraw their supposed returns on the crypto-mining operations, they were either blocked from withdrawing, or could only take out small amounts, the complaint alleged. Sometimes Potapenko and Turõgin bought virtual currency on the open market and paid it to investors. This made it a Ponzi scheme, the DOJ said.\nThen in 2017, the two created another company, Polybius, which was supposedly a digital bank.\nPolybius raised $25 million in an initial coin offering from outside investors. The bulk of the funds were transferred to accounts Potapenko and Turõgin controlled. They never built a digital bank and have never paid dividends to investors, authorities alleged.\nThe two were arrested in 2022 in Estoniabut weren’t extradited until April 2024, after they appealed the initial decision. The Estonian National Criminal Police’s Oskar Gross, head of the Cybercrime Bureau said: "The sheer volume of this investigation is described by the fact that this is one of the largest fraud cases we\'ve ever had in Estonia."\nThis story was originally featured onFortune.com', '• Stocks tumbled on Thursday, deepening losses racked up earlier in the week.\n• The personal consumption expenditures price index will be published on Friday morning.\n• Shares of Salesforce dragged the Dow lower after it posted its first revenue miss in nearly 20 years.\nUS stocks continued a painful slide lower on Thursday as traders turned their attention to upcoming inflation data that could set the tone for the market as it heads into the summer months.\nNot even a brief hiccup in the data feeds that update the S&P 500 and the Dow Jones Industrial Average could stave off a decline in the session. Around 10:40 a.m. ET, both indexes became stuck on several websites, though individual stock prices continued to update normally.\nThe Dow ultimately finished the day lower by 330 points, marking its third straight daily decline, and a fourth in five sessions. Shares of Salesforce dragged the Dow asthe stock dropped 20%after it reported its first revenue miss in almost 20 years. The S&P 500 dropped about 0.6%.\nThe Bureau of Economic Analysis will publish the personal consumption expenditures price index on Friday, with economists expecting the Federal Reserve\'s favorite inflation reading to show prices ticked up 2.7% year-over-year in April.\nBond yields tumbled after GDP data for the first quarter was revised down and jobless claims edged up, pointing to a mix of factors that could give the Fed the ammunition it needs to start cutting rates at some point this year. The yield on the 10-year Treasury dropped seven basis points to 4.554%.\n"These numbers all point to slower growth and slower inflation. It keeps hopes of a rate cut alive and gives investors relief after yield rates jumped earlier this week," David Russell, Global Head of Market Strategy at\xa0TradeStation.\nYet, economists at Barclays noted that the revision doesn\'t acknowledge more under-the-radar factors that hint at continued strength.\n"As with the advance estimate, we believe that top-line Q1 GDP growth substantially understates underlying growth," the bank said in a note, adding that the Fed will probably focus on metrics like private domestic final purchases, which gauges demand from consumers and businesses.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,235.48, down 0.6%\n• Dow Jones Industrial Average:38,111.48, down 0.9% (330 points)\n• Nasdaq Composite:16,737.08, down 1.1%\nHere\'s what else happened today:\n• There are three signs that the US housing market\'s affordability recession is ending.\n• The stock market rally is running out of steam because earnings growth is being far outpaced by soaring valuations, David Rosenberg said.\n• Big banks are more exposed to commercial real estate debt than many believe, a new paper argues.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil slumped 1.6% to $77.95 a barrel.Brent crude, the international benchmark, dropped 02% to $81.98 a barrel.\n• Goldticked lower to $2,362 an ounce.\n• The 10-year Treasury yield dropped seven basis points to 4.554%.\n• Bitcoinrose 1.9% to $68,712.08.\nRead the original article onBusiness Insider', 'Bitcoin (BTC)is facing strong resistance near the $70,000 mark since briefly surpassing it on May 28, and has traded back down to $68,430 as traders braced themselves for a significant macroeconomic data release. Bitcoin\'s price action showed a lack of momentum, grinding against nearby support levels. Recent attempts to hold above $67,000 have underscored the importance of this level for bulls, who have found it difficult to push the price back up to overhead resistance zones.\nPopular trader Skewnotedin a recent market update that after encountering resistance around $72,000, bulls have struggled to maintain momentum above $70,000. Skew also pointed out a "waning momentum," as indicated by relative strength index (RSI) signals, suggesting that any further price dips should find support around $65,000. He added that recent price movements saw sellers taking advantage of bounces, with limited spot bids defending the $67,000 low. "It\'s here if buyers wanna swing price towards $70K," Skew commented.\nAnother trader, Roman, observed declining volume on Bitcoin’s revisits to the lower end of its short-term range. He expressed optimism about the bullish price action (PA) emerging as Bitcoin approached support levels. "Low volume + lower price = a non-confident downtrend," Roman shared with his followers on X. He indicated that he was looking for short-term reversals in this area to initiate long positions.\nThe upcoming U.S. macroeconomic data prints include jobless claims and the first revision of Q1 GDP, both of which have the potential to cause significant volatility in crypto and other risk assets if the results deviate from expectations.', 'Bitcoin (BTC)is facing strong resistance near the $70,000 mark since briefly surpassing it on May 28, and has traded back down to $68,430 as traders braced themselves for a significant macroeconomic data release. Bitcoin\'s price action showed a lack of momentum, grinding against nearby support levels. Recent attempts to hold above $67,000 have underscored the importance of this level for bulls, who have found it difficult to push the price back up to overhead resistance zones.\nPopular trader Skewnotedin a recent market update that after encountering resistance around $72,000, bulls have struggled to maintain momentum above $70,000. Skew also pointed out a "waning momentum," as indicated by relative strength index (RSI) signals, suggesting that any further price dips should find support around $65,000. He added that recent price movements saw sellers taking advantage of bounces, with limited spot bids defending the $67,000 low. "It\'s here if buyers wanna swing price towards $70K," Skew commented.\nAnother trader, Roman, observed declining volume on Bitcoin’s revisits to the lower end of its short-term range. He expressed optimism about the bullish price action (PA) emerging as Bitcoin approached support levels. "Low volume + lower price = a non-confident downtrend," Roman shared with his followers on X. He indicated that he was looking for short-term reversals in this area to initiate long positions.\nThe upcoming U.S. macroeconomic data prints include jobless claims and the first revision of Q1 GDP, both of which have the potential to cause significant volatility in crypto and other risk assets if the results deviate from expectations.', 'By Elizabeth Howcroft\nLONDON (Reuters) - More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.\nThe soaring popularity of so-called "re-staking" is the latest sign of risk-taking in crypto markets as prices rally and traders hunt for yield. Bitcoin, the biggest cryptocurrency, is near all-time highs while ether, the second biggest, is up more than 60% this year.\nAt the heart of the re-staking boom is Seattle-based start-up EigenLayer. The company, which in February raised $100 million from U.S. venture capital firm Andreessen Horowitz\'s crypto arm, has attracted $18.8 billion worth of crypto to its platform - up from less than $400 million six months ago.\nEigenLayer invented re-staking to expand a long-standing crypto practice called staking, its founder Sreeram Kannan told Reuters.\nBlockchains are a kind of database, which involve many computers in a network checking and confirming who owns which cryptocurrencies. To do this, owners of crypto tokens, such as ether, allow their assets to be locked up as part of the validation process. Holders lose instant access to their tokens for as long as they participate in staking but they earn a yield in return.\nSome staking platforms also give users newly-created cryptocurrencies to represent the cryptocurrencies they have staked. Re-staking enables owners to take those new tokens and stake them again with different blockchain-based programmes and applications in the hope of bigger returns.\nThe crypto world is divided as to how risky re-staking is, with some insiders saying the practice is too nascent to know.\nBut others, including analysts, fear that if new tokens representing the re-staked cryptocurrencies are used as collateral in crypto\'s vast lending markets, there could be endless loops of borrowing based on a small number of underlying assets. That could destabilise broader crypto markets if everyone tried to exit simultaneously, they say.\n"When there’s anything that has collateral on collateral it’s not ideal, it adds a new element of risk that wasn’t there," said Adam Morgan McCarthy, research analyst at crypto data provider Kaiko.\nThe appeal for investors is the yield: returns from staking on the Ethereum blockchain are typically in the 3%-5% range but analysts say returns could be higher for re-staking, as investors can earn multiple yields at once.\nRe-staking is the latest development in the risky world of decentralised finance, or DeFi, in which cryptocurrency holders invest in experimental schemes in the hope of generating large returns on their holdings without having to sell them.\nThe EigenLayer platform is yet to pay out staking rewards directly to users, however, because the mechanism for doing so has not been developed. Users are joining the platform in anticipation of future rewards, or other giveaways known as airdrops.\nFor now EigenLayer has been giving out its own newly-created token to people who use the platform. Users hope this token called, "EIGEN", will be worth something in future.\nKaiko\'s Morgan McCarthy said the growth of re-staking platforms was fuelled by users seeking such airdrops, calling it "really, really speculative, this free money thing."\n"It\'s very risky," said David Duong, head of research at U.S. crypto exchange Coinbase, which offers staking but not re-staking.\n"They’re doing this pre-emptively right now, (with the) expectation that they will be rewarded with something but they don’t know what," Duong said.\nENTER EIGENLAYER\nEigenLayer was launched last year by Sreeram Kannan, a former assistant professor at the University of Washington in Seattle and part of a team that launched the first student-designed micro-satellite in India, according to his academic website.\nEigenLayer describes itself as a marketplace for validation services, connecting would-be stakers with applications which need staked tokens.\nNew re-staking platforms have emerged, including EtherFi, Renzo and Kelp DAO, which re-stake clients\' tokens on EigenLayer for them and generate new tokens to represent those re-staked assets. These tokens can be used elsewhere, for example as collateral in borrowing.\nKannan said his platform\'s aim is to allow users to choose where to stake their tokens and to help new blockchain services grow, not to incentivise ever more crypto-backed borrowing.\n“We don’t have any official relationships with any of these players...This is an emergent phenomenon,” he said.\nCoinbase’s Duong says re-staking could come with “hidden risks” - if re-staking tokens are used in crypto lending there could be forced liquidations and more volatility during market downturns, he wrote in a note.\nThe 2022 selloff in crypto markets was exacerbated by high-risk lending, as crypto tokens used as collateral quickly lost their value following the collapse of the Terra and Luna tokens.\nKannan distances EigenLayer from the risks.\n"The risk isn’t in re-staking but rather it’s in the lending protocols. The lending protocols are mispricing risk," he said.\nSome experts are unconcerned about re-staking, noting that the cash in re-staking protocols is tiny relative to the global crypto industry\'s $2.5 trillion in net assets.\nRegulators have long been concerned about losses in the crypto world spilling over to wider financial markets.\n“For now, we do not see any meaningful risk of contagion from restaking issues to traditional financial markets,” said Andrew O’Neill, digital assets analytical lead at S&P Global Ratings.\nStill, the crypto world is becoming increasingly connected to mainstream finance, and re-staking is catching on with institutional investors.\nStandard Chartered crypto’s arm, Zodia Custody, has seen significant institutional interest in staking but considers re-staking a step too far because it is difficult to establish a “paper trail” of where the assets go and how rewards are apportioned, Chief Risk Officer Anoosh Arevshatian said.\nNomura’s crypto arm, Laser Digital, has partnered with Kelp DAO to re-stake some of its funds, Kelp DAO said in an April blog post. Laser Digital did not respond to a Reuters comment request.\nSwiss crypto-focused bank Sygnum said it stakes clients’ crypto assets and expects “a new ecosystem around re-staking to emerge”.\n(Reporting by Elizabeth Howcroft; Editing by Tommy Reggiori Wilkes and Sharon Singleton)', 'Guild of Guardians Avatars knocked NodeMonkes off the top spot on CryptoSlam’s daily non-fungible token (NFT) charts on Thursday.\nThe Immutable game-linked collection led NFT sales with a daily sales volume of US$828,697, a 19% rise from US$696,862 the day before.\nNodeMonkes, the Bitcoin collection that led Wednesday’s sales, fell to the third spot as its sales dropped to US$756,950 from US$935,770.\nNodeMonkes earlier this week became the 26th best-selling collection in the industry with more than US$228 million in all-time sales.\nDMarket, a Mythos collection for in-game items from popular online games, came in second place with US$774,176, helping game-related NFTs continue to dominate the week’s charts.\nBored Ape Yacht Club, the second-best selling NFT collection of all time, stayed in the fourth spot in the daily sales ranks with US$567,631. Its all-time sales volume is now at US$3.15 billion.\nPolygon’s Unstoppable Domains exploded to the fifth spot with a daily sales volume of US$491,535 from just US$1,075 the previous day. The sales surge came after the digital identity project announced a new self-custody wallet with major digital asset custodian Fireblocks.\nOther new entries to the day’s top 10 include the Validat3rs collection, which launched with a daily sales volume of US$362,942 on Solana.\nThough NodeMonkes relinquished the top spot, the Bitcoin network dominated the daily blockchain sales race for the second straight day with US$5.51 million, marking a 9.86% increase from the previous day’s US$5.01 million.\nMeanwhile, Ethereum’s monthly blockchain sales total is at around US$159 million. It’s on pace to close the month with the lowest NFT sales tally since October 2023.', 'HOUSTON, May 31, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended May 31, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated.\nMonthly Production Highlights for May 2024\n• The Company held cash, BTC and cash deposits of approximately $6.0 million as of May 30, 2024 (based on a BTC price of $68,500 as of May 30, 2024 per CoinMarketCap), as compared to $6.7 million as of April 30, 2024 (based on a BTC price of $60,970 as of April 30, 2024 per CoinMarketCap).\n• Between self-mining and hosting agreements, miners at the Company’s facilities produced approximately 50 BTC during the month of May, as the full impact of the Bitcoin halving event that occurred during the month of April, which reduced the rewards available for mining, were experienced this month.\n• Spent approximately $2.2 million on capital expenditures, mining infrastructure support equipment and deposits. Digihost continues to monitor its capital expenditures closely with self-funding to limit equity dilution for its shareholders.\n• Consistent with management’s ongoing commitment to minimize equity dilution for its shareholders, the Company has continued to monetize a portion of its BTC production to fully fund its energy costs.\nNASDAQ Notification\nOn May 24, 2024, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed its Annual Report on Form 20-F (the “Form 20-F”) for the fiscal year ended December 31, 2023 (“Fiscal Year 2023”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports with the U.S. Securities and Exchange Commission.\nThe Company does not expect that the Notice will have any immediate impact on the listing of the Company’s securities, which are expected to continue to trade on Nasdaq, subject to the Company’s compliance with the other continued listing requirements of Nasdaq. Under the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Notice to submit a plan of compliance to Nasdaq. If Nasdaq accepts the plan, Nasdaq can grant the Company an exception of up to 180 calendar days from the original due date of the Form 20-F to regain compliance. However, there can be no assurance that Nasdaq will accept the Company’s plan to regain compliance or that the Company will be able to regain compliance within any extension period granted by Nasdaq. If the Company fails to timely regain compliance with the Nasdaq Listing Rules, the securities of the Company may be subject to delisting from Nasdaq.\nThe Company was unable to file its Form 20-F for Fiscal Year 2023 prior to the deadline therefor because the Company’s independent registered public accounting firm (the “Auditor”) is continuing its work to complete an audit under the standards of the Public Company Accounting Oversight Board (the “PCAOB”) of the Company’s financial statements to be included in the Form 20-F following the Company’s request therefor. The Company expects to file the Form 20-F as promptly as practicable following the completion of the Auditor’s PCAOB audit of the Company’s financial statements for inclusion in the Form 20-F and delivery of the Auditor’s report with respect thereto.\nOperations Update\nPresently, Digihost’s consolidated operating capacity across its three sites represents approximately 90MW of available power and is mining at hashrate of 2 EH/s.\nAbout Digihost\nDigihost is a growth-oriented technology company focused on the blockchain industry. The Company operates from three sites in the U.S. and, in addition to managing its own operations, provides hosting arrangements at its facilities.\nFor further information, please contact:\nDigihost Technology Inc.www.digihost.caMichel Amar, Chief Executive OfficerT: 1-818-280-9758Email:[email protected]\nCautionary Statement\nTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-Looking Statements\nExcept for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about the Company’s expectations concerning the Notice and timing for filing the Form 20-F for Fiscal Year 2023 to regain compliance with the Nasdaq Listing Rules. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; effects on Bitcoin prices as a result of the most recent Bitcoin halving; delays in the completion of the PCAOB audit of the Company’s financial statements and delivery of the Auditor’s report with respect thereto for inclusion in the Form 20-F for Fiscal Year 2023; the Company’s ability to submit a plan to regain compliance with the Nasdaq Listing Rules; whether Nasdaq will accept the Company’s plan to regain compliance with the Nasdaq Listing Rules; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company’s power plant; the digital currency market; the Company’s ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed in the Company’s filings at www.sedarplus.ca and www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about: the current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company’s assets going forward; the Company’s ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.', 'BEIJING,May 31, 2024/PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that the Company entered into a sales and purchase agreement with an unaffiliated third party for the purchase of 6,218\xa0units ofBitcoinMiner S21 onMay 30, 2024. The aggregate purchase price for these miners is approximatelyRMB177.2\xa0million.\nIn view of the broad prospects of the globalcryptocurrencyfield, especially the bull market performance of theBitcoinmarket, the Company plans to invest in encrypted assets to lay out in advance in order to capture the market opportunities.\xa0The transaction is subject to the completion of the requisite corporate and other approvals and customary closing conditions. There can be no assurance that the transaction will be consummated in a timely manner, or at all. To the extent that the transaction is consummated, there is no guarantee when these miners will be in operation to generate economic returns, or at all. The shareholders are cautioned not to place undue reliance on this announcement.\nForward-Looking Statements\nThis announcement contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "is expected to," "anticipates," "aim," "future," "intends," "plans," "believes," "are likely to," "estimates," "may," "should" and similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements are based upon management\'s current expectations and current market and operating conditions, and involve inherent risks and uncertainties, all of which are difficult to predict and many of which are beyond the Company\'s control, which may cause its actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information is included in the Company\'s filings with the U.S. Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.\nContact\nPenny PeiInvestor RelationsAirNet Technology Inc.Tel: +86-10-8460-8678Email:[email protected]\nView original content:https://www.prnewswire.com/news-releases/airnet-announces-purchase-of-cryptocurrency-mining-machines-302160372.html\nSOURCE AirNet Technology Inc.', "• Technical indicators suggest that bitcoin’s short-term momentum has flipped bearish.\n• The 50-day simple moving average marks major support at $64,870.\nTechnical indicators that gauge bitcoin's {{BTC}} price movement over the short term have flipped bearish, with crucial support positioned under $65,000.\nThe cryptocurrency’s 10-day momentum, which compares the going market price with the price from 10 days ago, has declined below zero, indicating renewed negative momentum. Traders use the momentum indicator to confirm market trends and spot trend exhaustion.\nSimilarly, the moving average convergence divergence (MACD) histogram, which employs the 26-day and 12-day exponential moving averages, has turned negative. The indicator is widely used to spot trend changes, with crossovers under zero signaling price losses.\nBoth indicators suggest the path of least resistance is to the downside, which is consistent with analysts’ view that rising U.S. Treasury yields pose a downside risk to bitcoin.\nThe pivotal 50-day simple moving average at $64,870 is the key support to watch out for. The probability of a drop toward the same would increase should the U.S. inflation data, due later Friday, beat estimates.\nThe upper end of the channel, identified by trendlines connecting highs and lows hit in March and April, is the resistance for the bulls to beat. A move higher would mean the resumption of the broader uptrend.", "• Technical indicators suggest that bitcoin’s short-term momentum has flipped bearish.\n• The 50-day simple moving average marks major support at $64,870.\nTechnical indicators that gauge bitcoin's {{BTC}} price movement over the short term have flipped bearish, with crucial support positioned under $65,000.\nThe cryptocurrency’s 10-day momentum, which compares the going market price with the price from 10 days ago, has declined below zero, indicating renewed negative momentum. Traders use the momentum indicator to confirm market trends and spot trend exhaustion.\nSimilarly, the moving average convergence divergence (MACD) histogram, which employs the 26-day and 12-day exponential moving averages, has turned negative. The indicator is widely used to spot trend changes, with crossovers under zero signaling price losses.\nBoth indicators suggest the path of least resistance is to the downside, which is consistent with analysts’ view that rising U.S. Treasury yields pose a downside risk to bitcoin.\nThe pivotal 50-day simple moving average at $64,870 is the key support to watch out for. The probability of a drop toward the same would increase should the U.S. inflation data, due later Friday, beat estimates.\nThe upper end of the channel, identified by trendlines connecting highs and lows hit in March and April, is the resistance for the bulls to beat. A move higher would mean the resumption of the broader uptrend.", 'Chicago, IL – May 31, 2024 – Zacks Equity Research sharesCoinbase GlobalCOIN as the Bull of the Day andLi Auto IncLI as the Bear of the Day. In addition, Zacks Equity Research provides analysis oniShares MSCI United Kingdom Small-Cap ETFEWUS,First Trust United Kingdom AlphaDEX FundFXU andiShares MSCI United Kingdom ETFEWU.\nHere is a synopsis of all five stocks:\nCoinbase is a company I have covered several times in the past, dating back to the middle of 2023. We have owned the stock on and off in theTechnology Innovators portfolio service I run, including capturing a 58.92% gain from June to December last year. Though the stock has nearly tripled over the past twelve months, I want to cover it again because several new bullish catalysts have emerged, the fundamental picture is stronger than ever, and the stock is still dirt cheap. That said, below is my bullish thesis for Coinbase.\nZacks Rank #1 (Strong Buy) stockCoinbase Globalis the third-largest crypto exchange globally and the leading crypto exchange in the United States in terms of trading volume. Coinbase, which was founded in 2012, has one of the broadest selections of cryptocurrency listings to trade. Clients can choose to trade some ~250 cryptocurrencies, three fiat currencies, and nearly 600 crypto trading pairs.\nThe launch of several spot Bitcoin ETFs, such as the iShares Bitcoin Trust,marked a turning point for the U.S. crypto industry. The spat of Bitcoin ETFs was not only the most successful launch in history, they overwhelmingly beat the previous winner, theSPDR Gold Shares ETF (GLD)launch from 2004.\nObvious beneficiaries of the spot Bitcoin ETF launch include ETF operators such as institutional investors and Bitcoin investors as well as proxies such as MicroStrategy.However, the biggest beneficiary is Coinbase.\nNot only does Coinbase have a stranglehold on crypto investing in the U.S., but it is uniquely positioned to take advantage of the influx of new institutional and retail investors using the ETFs as their preferred Bitcoin vehicle. Because Coinbase is the largest and only major publicly traded crypto exchange, it provides custody services for the major ETFs and is seeing its earnings benefit dramatically as a result.\nThe Bitcoin ETF launch was a milestone for the industry beyond just Bitcoin adoption; it marked a distinct change in the Securities and Exchange Commission\'s (SEC) crypto stance. After losing several court cases, regulators are warming up to crypto markets, loosening regulations. Meanwhile, after the blockbuster launch of the Bitcoin ETF, Blackrock, the world\'s largest asset manager, has its eyes set on the second largest cryptocurrency globally, Ethereum.\nA FORM S-1 is a filing that details the initial registration for a new security. Blackrock\'s new FORM S-1 registration statement is for an "iShares Ethereum Trust" ETF. Eric Balchunas, the top ETF analyst at Bloomberg, puts the chances of Ethereum ETF approval at ~90%. But don\'t just take his word for it; look at Blackrock\'s ETF approval history. Nobody is perfect, but Blackrock\'s ETF approval history is close. BLK has enjoyed 576 ETF approvals and just one rejection in its history!\nEthereum ETF approvals are expected to occur later this summer, and assuming they are approved, Coinbase will undoubtedly be the custodial exchange for the majority of ETH ETFs, assuming they are approved.\nLast week, COIN broke its short-term downtrend line, cleared the 50-day moving average, and is exhibiting relative strength versus equities.\nEven if investors were to assume that the Ethereum ETF does not receive approval, COIN\'s fundamentals paint a pretty picture as total assets have soared in recent quarters.\nCoinbase is benefitting dramatically from the approval of spot Bitcoin ETFs. However, the stock may just be getting started as a potential Ethereum ETF approval looms.\nZacks Rank #5 (Strong Sell) stockLi Auto Incis an innovator and leader in China\'s emerging electric vehicle (EV) market. Li Auto is a pioneer in the Chinese EV market, particularly regarding extended-range electric vehicles, sport utility vehicles (SUVs), and "smart EVs." Though Li Auto offers a premium product, it has a premium price tag.\nThe Mega multi-purpose vehicle, the company\'s first fully electric model, comes with a sticker price of nearly $80,000. Though it was once considered the "Chinese Tesla," other Chinese EV makers have taken off while Li\'s fully electric model fell short of Wall Street\'s delivery expectations by more than 50%.\nUntil recently, former U.S. President Donald Trump was thought by investors as being a bigger stickler on China than current president Joe Biden. On both sides of the political aisle, U.S. politicians, auto manufacturers, and business people are growing concerned about China\'s dominance in the EV market.\nRecently, the Biden administration shocked Wall Street and made headlines by quadrupling tariffs on Chinese EV imports to 100% while also taking aim at other EV-related products, such as lithium-ion batteries. Though Li Auto does not currently sell cars in the United States, investors have been hoping to eventually expand internationally. However, the dramatic EV hikes likely ended Li\'s chances of accomplishing expansion any time soon.\nWith international expansion unlikely, prospective Li Auto investors should evaluate the Chinese EV market. Elon Musk, the "Godfather" of the electric car and the world\'s richest man, knows a thing or two about electric cars. In a recent talk, Musk called Chinese EV manufacturers "extremely good."\nA great example of a Chinese EV maker firing on all cylinders is Warren Buffett–backed BYD Auto. Unfortunately for Li Auto, BYD\'s cheapest model starts at a bargain basement price of $9,700, which should make Li\'s expensive models a tough buy in the struggling Chinese economy. Meanwhile, Li Auto faces fierce competition from Tesla (who has cut prices dramatically in China) and other Chinese EV makers.\nLI is a laggard, is down nearly 40% year-to-date, and is stuck below its moving averages.\nLast quarter, EPS plunged 68% year-over-year, illustrating that the company\'s fundamentals mirror the poor price action.\nDeteriorating fundamentals, relative weakness, and a cutthroat Chinese EV market spell danger for Li Auto shareholders.\nThe U.K. is heading for a General Election on July 4, and history may indicate a neutral to positive stock market reaction if the Labour Party ousts the Conservatives, per analysts, as quoted on CNBC.iShares MSCI United Kingdom Small-Cap ETFhas gained 9.3% over the past month (as of May 28, 2024), the highest performer among the UK ETFs. Election activities and improving economic activities probably boosted this domestically focused fund.\nLet\'s delve a little deeper.\nAnalysts anticipate a positive reaction from stock markets if the center-left Labour Party wins the UK General Election, with historical trends suggesting that UK stocks tend to perform better following Labour victories compared to Conservative wins.\nLeaders of the Labour Party, including Shadow Finance Minister Rachel Reeves and party leader Keir Starmer, are determined to engage in fiscal discipline to lower the country\'s debt. Along with business leaders, they aim to steer the economy with more confidence.\nAccording to Citi\'s analysis, the MSCI UK index of large- to mid-cap stocks has delivered a 6% gain on average six months after Labour victories and a 5% fall following Conservative wins since 1979. The FTSE 250 has generally outperformed the FTSE 100 after elections, with stronger outperformance seen following Labour victories, a CNBC article revealed.\nDefensive stocks and financials typically perform better after elections, with energy stocks performing well irrespective of the election outcome. Investors should note thatFirst Trust United Kingdom AlphaDEX Fund, which does not invest more than 3% on any stock, andiShares MSCI United Kingdom ETF, which has high company-specific concentration risks, have returned respectively 6.9% and 6.4% past month. The fund EWU\'s top-10 holdings section has about 12% exposure to the energy sector.\nUnder the past Labour governments, the UK stock market has faltered on five occasions, but this cannot solely be attributed to the party. Historical events such as the Great Depression, post-war periods, oil market shocks, and financial crises played significant roles, indicating that such falls are event-driven, not election-driven.\nDespite historical trends, some analysts, like John Higgins of Capital Economics, believe that the return of the Labour Party to power would not significantly impact investors this time around, given the broader economic context since 2010, as quoted on CNBC. After all, the current situation of the global economy depends largely on the interest rate policy, the Fed\'s decision, geopolitical crises, the transition in the energy market and the AI boom\nUK\'s economic growth in Q1 of 2024 was 0.6% and surveys have indicated that the improvement will continue into the second quarter. Both business and consumer confidence have received positive momentum. Notably, the UK economy fell into a technical recession in the second half of 2023, which marked two successive quarters of negative growth in the real GDP.\nInflation in the UK has fallen from a high of 11.1% in October 2022 to 2.3%, only just above its target. Consumer prices were down sharply in April from a 3.2% increase in March and the lowest since July 2021, when it was at 2.0%. But April\'s figure missed economists\' (polled by Reuters) expectation of a 2.1% increase. The Bank of England\'s inflation target is 2%.\nHaving said that, we would like to note that the Bank of England is likely to be cautious about cutting interest rates as service sector inflation is still high at 5.9%. Inflation did not fall as sharply as expected in April. The UK economy is approaching a soft landing, with 2024 likely to see a recovery in growth and 2025 expected to see further strengthening, IMF said.\nAnalysts predict that the outlook for sterling and UK government bonds will remain connected to the interest rate outlook due to the lack of fiscal divergence between the parties. Market reactions are expected to be modest, as historical precedent suggests.\nWant key ETF info delivered straight to your inbox?\nZacks\' free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.\nGet it free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nhttps://www.zacks.com\nZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed\xa0that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and\xa0is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report\niShares MSCI United Kingdom ETF (EWU): ETF Research Reports\niShares MSCI United Kingdom Small-Cap ETF (EWUS): ETF Research Reports\nFirst Trust Utilities AlphaDEX ETF (FXU): ETF Research Reports\nLi Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report\nCoinbase Global, Inc. (COIN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research', "SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a subscription agreement with Tether International Limited (“Tether”) for the private placement of 18,587,360 Class A ordinary shares and a warrant to purchase up to 5,000,000 additional shares at $10.00 per share. The closing of the private placement occurred on May 30, 2024.\nThe transaction generated $100 million in gross proceeds from the share issuance and could provide an additional $50 million if the warrant is fully exercised. The warrant is subject to customary anti-dilution provisions reflecting share dividends and splits or other similar transactions, and weighted average anti-dilution protection with respect to the issuance of ordinary shares or ordinary share equivalents for consideration per share less than the initial exercise price of the warrant. The warrant is exercisable at Tether’s discretion within 12 months after closing.\nBitdeer intends to use the net proceeds from this private placement to fund its data center expansion, ASIC based mining rig development and for working capital and other general corporate purposes.\n“We are thrilled to welcome Tether as a significant investor in Bitdeer,” said Linghui Kong, Chief Business Officer of Bitdeer. “This substantial investment demonstrates confidence in our vision and the strength of our extensive global operations. With Tether's support, we are poised to accelerate our growth and continue our leadership in sustainable and efficient bitcoin mining. This partnership marks a significant milestone for Bitdeer, and we look forward to achieving great things together.”\n“Tether is delighted to be working with Bitdeer. We regard Bitdeer as one of the strongest vertically integrated operators in the Bitcoin mining industry, differentiated by its cutting-edge technologies, and a robust R&D organization,” said Paolo Ardoino, CEO of Tether. “Bitdeer’s proven track record and world-class management team are perfectly aligned with Tether’s long-term strategic vision. We anticipate close collaboration with Bitdeer across several key infrastructure areas moving forward.”\nCantor Fitzgerald & Co. is acting as the placement agent for the private placement. The securities sold in this private placement have not been registered under the Securities Act of 1933, as amended, or any state or other applicable jurisdiction’s securities laws, and may not be offered or sold in the United States without registration or an applicable exemption from such registration requirements. The Company has committed to filing registration statements with the U.S. Securities and Exchange Commission for the resale of the ordinary shares issuable in connection with this private placement, including upon exercise of the w Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2024-05-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $1,348,241,900,906 - Hash Rate: 620804532.1552316 - Transaction Count: 701471.0 - Unique Addresses: 528690.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • DOGE's weekly price averages appear on track to confirm a bullish golden cross. • The previous golden cross, seen in early January 2021, presaged an 8,000% price surge. Dogecoin {{DOGE}}, the world's largest meme cryptocurrency by market value, seems headed toward a repeat of the bullish "golden cross" technical pattern that presaged the early 2021 surge. DOGE, which has a market cap of about $22 billion, has demonstrated remarkable performance this year, with a price surge of over 70% and significantly outpacing the near 50% increase in bitcoin {{BTC}}, the largest cryptocurrency, according toCoinDesk data. The 50-week simple moving average (SMA) of the meme token's spot price is now trending north and looks set to cross above the 200-week SMA in the upcoming weeks, confirming a golden cross. In other words, near-term price momentum could soon outperform long-term momentum, potentially evolving into a prolonged bullish trend. Momentum traders frequently use moving-average crossovers as a part of a structured approach to identifying entry and exit points in the market. The DOGE price topped its 200-week SMA in March, breaking out of a prolonged sideways consolidation, and has since established a foothold above the critical average. The impending golden cross would be the first in over three years. The previous one, seen in early January 2021, presaged a four-month rally that saw prices surge over 8,000% to a record 76 cents on Binance. That said, past data does not promise future results. And that's particularly true in the case of moving average crossovers, which tend to lag prices and have been known to trap traders on the wrong side in traditional markets. Besides, meme coins like DOGE lack real-world use cases and are mainly driven by speculation, which makes them more sensitive to fiat liquidity conditions and global interest-rate expectations. During DOGE's early 2021 run, interest rates were near or below zero worldwide, which catalyzed unprecedented risk-taking across all corners of the financial market. That's not the case any more, with rates in the U.S., the world's largest economy, at multiyear highs above 5%. Read:Is It Late 2020 All Over Again for Dogecoin? CORRECTION (08:52 UTC):Corrects third paragraph to say that the 50-week SMA looks set to cross above the 200-week SMA, not 200-day SMA.... - Reddit Posts (Sample): [['u/TheGDC33', 'The Perfect time for the perfect coin - $KENDU\n', 98, '2024-05-31 00:42', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/', 'If you want to achieve huge gains in this bull run/cycle you have to find a coin that has huge potential, impressive alpha, a massive community backing it (one that is WORKING), and a bit of luck. Lucky for you I am going to share my take on why KENDU is the one and this is still the perfect time (NFA and DYOR).\xa0\n\nPrice: We in the KENDU community have weathered these storms before and the price is an amazing entry right now. We will surpass this hiccup and move forward stronger with a greater holder count and a greater number of holders who see the vision and long term gains. These new holders will hold way way longer than your average SOLANA rug pull jeet. (believe it or not ETH fees do help with this concept IMHO).\n\nDISCLAIMER: this is a play for those who have diamond hands, ready to help shape their financial future, and can ride out the ups and downs without ego and emotion.\n\nDecennial Pattern:\n\nCheck out this graph/chart:\n\n[CREDIT: This visual is readily available on the internet, but I got it from a talk Bruce Fraser did on a stream I watch. He is an OG Wycoff TA LEGEND. Upon a quick search I am not sure who the original author actually is, but wanted to give credit and am only sharing because it is readily available.](https://preview.redd.it/p4tn1thn5n3d1.png?width=2400&format=png&auto=webp&s=d64254ecc08bdc3e47f340c9265dfe5dea88c582)\n\nSo what you are looking at is the decennial pattern that has been averaged out over the period from 1897 - 2020. The idea is that someone poured over the data of the Dow Jones (defined as: a stock market index that tracks 30 large companies on the New York Stock Exchange) over a 10 year cycle to average out performance. According to the above graph, every 5th year has averaged out to be the year with the highest gains for big companies in the Dow Jones (Apple, McDonald’s, Nike, Microsoft, Goldman Sachs, Amazon, Etc). In its inception in 1896, the Dow only had 12 companies including: U.S. Rubber, U.S. Leather, Chicago Gas, American Tobacco, etc. From what I see the gains are massively larger in the fifth year and we happen to be very close to stepping into the fifth year with 2025 approaching fast. We are also past the halving which bodes very well for BTC and crypto in general.\xa0 The graph represents over 12 cycles of data to pull from across countless eras in history. Human behavior might just be the only constant in that long of a period of time, but will you be able to shed your ego and emotions? Wouldn’t it be crazy to see BTC one day be a part of the Dow in some way…\n\nThe only question that remains to be answered is does this decennial pattern prove true for all stocks, securities, assets, crypto? I can’t answer that for you or even myself, but in my experience ‘a rising tide does raise all ships’. I know the importance the halving presents and the gains that have always occurred after (proven by three cycles where the pattern played out with large gains), but the correlation is not cemented in stone. I do believe though this could set us up for a perfect storm of greatness and I am banking on the lead up and following year to be massive. KENDU has been deployed no doubt at the perfect time deliberately to allow a large runway to build out this project to be massive.\xa0\n\n--> Check the u/KenduInu_Ecosystem reddit or Kendu Miazaki on X for price goals\n\nI believe BTC will rip this cycle, BUT BTC is not going to hit the same exponential gains that a newly popular memecoin project, with a massive hard working community, and an experienced Dev and Loyalist team that are deeply connected in the crypto world will. This could be the chance to skyrocket your finances in a massive way if you can afford to take the plunge. Take one last look at the chart and look at the 2nd year part....huge correlation with BTC and crypto bear market bottom....I believe other correlations exist.\n\nFINAL Thought:\n\nIn closing, if you have diamond hands, want life changing gains that only memecoins (in this case a memecoin project) can offer, and are ready to work for your bag WE WANT you in the KENDU army. People will come and go and bots will buy and sell KENDU for short term gains and even losses, but what matters is to keep increasing KENDU’s holder numbers. The ones with vision and long term financial goals for the entirety of this bull run. Come join the army, you have been informed! \n\n\nP.S. Does this count as one of my: “The Case for KENDU Info Journals” series?\n\n', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/', '1d4gi8d', [['u/King_K_24', 29, '2024-05-31 00:47', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6e6nvs/', "We don't gamble. We work!\n\nhttps://preview.redd.it/9q29scwf7n3d1.jpeg?width=946&format=pjpg&auto=webp&s=75392a9e0025ed67409dbac0c81de47e5ca99642", '1d4gi8d'], ['u/CHARLIEFORTHEBOYS', 21, '2024-05-31 00:56', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6e817c/', 'Right time. Right place. Right dev. Right community. Right MEMEs. \n\nhttps://preview.redd.it/a8bomwmy8n3d1.png?width=844&format=png&auto=webp&s=58e3e0ea61267fcc2d82f402f3843c7375558f24', '1d4gi8d'], ['u/Low_Garlic_8764', 15, '2024-05-31 00:56', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6e81aa/', '$KENDU settle for nothing less than the best.', '1d4gi8d'], ['u/RetardedGenji', 16, '2024-05-31 00:58', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6e8fve/', '$KENDU is all you need this cycle', '1d4gi8d'], ['u/TheGDC33', 15, '2024-05-31 00:58', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6e8fzv/', 'Apparently the graph did end up in the post...sorry for the scroll. give it a good read if on the fence!', '1d4gi8d'], ['u/Gullible_Touch2735', 12, '2024-05-31 01:07', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6e9rjo/', "Everyone get your martinis ready. We're about to send", '1d4gi8d'], ['u/HamsterDunce', 13, '2024-05-31 01:14', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6eavye/', 'Nice write up. Everyone is waiting for BTC to rip. But honestly now should be the easy part of “diamond handing.” Once things get crazy and you start seeing the value of your bags fluctuate by 4, 5, 6, or even 7 figures in the span of minutes… well that is when you need your helmet firmly on. Best to start preparing yourself psychologically for it now chads and chadetts.', '1d4gi8d'], ['u/TheGDC33', 12, '2024-05-31 01:51', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6eglh9/', "I hope someone gave you a detailed answer, but my theory would be that we have a lot of SHIB OGs in the project with our Dev being one of them and they want to harken back to the old days of memecoins and projects they are familiar with...? I have no idea for real and don't know much about the Base network", '1d4gi8d'], ['u/Low_Garlic_8764', 12, '2024-05-31 02:43', 'https://www.reddit.com/r/KenduInu_Ecosystem/comments/1d4gi8d/the_perfect_time_for_the_perfect_coin_kendu/l6eof07/', 'Excellent choice in $KENDU.', '1d4gi8d']]], ['u/No-Neighborhood-3406', 'Two years later, I am officially a half-coiner. ', 85, '2024-05-31 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1d4jf8p/two_years_later_i_am_officially_a_halfcoiner/', 'Hello everyone,\n\nI am 23 years old and have finally reached 0.5 btc. \n\nI know to many on this subreddit that isn’t much but for me this is a huge accomplishment. \n\nPatting myself on the back, grabbing a beer, and then back to grinding and accumulating more of the orange coin.\n\nHope to be a full coiner within the next couple of years :) ', 'https://www.reddit.com/r/Bitcoin/comments/1d4jf8p/two_years_later_i_am_officially_a_halfcoiner/', '1d4jf8p', [['u/MousseSecret7113', 13, '2024-05-31 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1d4jf8p/two_years_later_i_am_officially_a_halfcoiner/l6eruhk/', 'Congratulations! \n\nHodl and continue to accumulate, you are doing very well for your age.', '1d4jf8p'], ['u/Boring-Bus-3743', 11, '2024-05-31 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1d4jf8p/two_years_later_i_am_officially_a_halfcoiner/l6eufgx/', 'I dont think a half coin is a small amount for most on this sub. I honestly doubt 75% of people on here have over .25. Congratulations on the mile stone next stop 2.1!', '1d4jf8p']]], ['u/AutoModerator', '[Daily Discussion] - Friday, May 31, 2024', 26, '2024-05-31 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/', '1d4mpms', [['u/BHN1618', 20, '2024-05-31 07:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6fsju7/', "Happy Friday everyone. I appreciate watching Bitcoin do its thing such a beautifully engineered system that pretty much copies nature in many ways to survive and thrive like a virus that's symbiotic with its host ensuring that both thrive. \n\nOr it's an energy vampire idk but time does. Glhf trading today", '1d4mpms'], ['u/52576078', 17, '2024-05-31 12:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6geqop/', "Every week since the end of Feb Bitcoin has closed the weekly above 60k. I'm not much of a TA guy but that is a solid streak. Normalize 60k", '1d4mpms'], ['u/spinbarkit', 11, '2024-05-31 12:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6ggfdx/', "ye ye we've had that 60s enough alright. \n\nfake scare me with 50s or get me 70s already \n\nmad range is mad", '1d4mpms'], ['u/pseudonominom', 10, '2024-05-31 14:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gtln6/', 'Bitcoin can teleport.\n\nElectricity cannot.', '1d4mpms'], ['u/Cultural_Entrance312', 10, '2024-05-31 14:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gwcis/', 'It’s been more crab for breakfast, lunch and dinner.\n\nThe hourly RSI is at 61.3 (average 51) at time of writing. Nearby resistance are 69, 70.3, 71.4, 72.8 and 73.8 (current ATH). The nearest supports are 67.4 66.7, 65.7, 64.5, 63, 61.7, 61.3, 60.5, 59, 57.5, 56.7, 55.7 and 54.5.\n\nOn the daily, the RSI is 54.2 and its average is currently at 58. Same resistances/supports as I mention in the hourly. A rising support looks to have formed. The 50 and 100 day SMA should start to act as support once we break ATH (64880/65405).\n\nBTC closed green for the week again. BTC has been overbought for most of the time since October 2023 and its average RSI has been mostly overbought since the start of the year. It is currently 69.9 (75.6 average). A fat flag formation has formed, and BTC touched the upper resistance a 4^(th) time but is currently just below it. If this is a continuation pattern and is the midpoint, the target would be about 106.7k. Main resistances were noted above. u/dopeboyrico’s cup and handle is looking very pronounced and ready to give us a surge to 122.6k.\n\nBitcoin closed April out in the red with it’s monthly RSI at 66.2. The only time we had 2 monthly red candles in a row, after halving and before cycle ATH, was in 2012. So, if history repeats/rhymes, May is currently green and will most likely stay that way. Current RSI 69.6\n\nGood luck to all traders and DCAers.\n\n1-hour: [https://www.tradingview.com/x/cQxuGcU1/](https://www.tradingview.com/x/cQxuGcU1/)\n\nDaily: [https://www.tradingview.com/x/OChX4SYN/](https://www.tradingview.com/x/OChX4SYN/)\n\nWeekly: [https://www.tradingview.com/x/17iW7XPN/](https://www.tradingview.com/x/17iW7XPN/)\n\nMonthly: [https://www.tradingview.com/x/8frG4Mvo/](https://www.tradingview.com/x/8frG4Mvo/)', '1d4mpms'], ['u/Kronos5111', 27, '2024-05-31 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gwk5l/', 'I’d recommend BITX or BITU. Sold my house last September for bitcoin positioning and have 100% of the proceeds currently parked in BITX and BITX options. Living in my car for now but have enough already i could buy a nicer house here in the US with cash. 28 now but plan on moving to the Philippines to be with my family eventually and using the immense earnings to take care of my grandparents there and help the village by donating to the local hospital, buying a sustainable community farm large enough that half the harvests can be sold to pay the workers and the other half donated to a new sponsored food bank, etc..', '1d4mpms'], ['u/jarederaj', 16, '2024-05-31 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gwt9k/', '8b will liquidate at 74k.\n\nWill we hit it? When?\n\nIs it possible to unwind that much debt without a squeeze?', '1d4mpms'], ['u/diydude2', 13, '2024-05-31 14:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gxbv0/', '> Is it possible to unwind that much debt without a squeeze?\n\nIn the stonk market? Sure, no problem. In the Bitcoin market? No way, Jose.', '1d4mpms'], ['u/EquitiesFIRE', 10, '2024-05-31 14:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gy277/', 'For what business purpose would someone buy a bitcoin futures contract', '1d4mpms'], ['u/jarederaj', 11, '2024-05-31 15:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6gyowp/', 'Insurance against volatility on the underlying asset. “I’ve made money, and now I want to lock in those profits”\n\nIt causes you to miss out on potential upside, and it costs you interest payments.', '1d4mpms'], ['u/AccidentalArbitrage', 11, '2024-05-31 15:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6h1lh6/', "Futures allow you to hedge a spot/long position.\n\nThey also allow you to participate in Bitcoin's price movement solely via USD without dealing with Bitcoin custody or handling spot coins. \n\nBefore the ETFs, CME Bitcoin Futures were the main way large US financial entities (such as hedge funds) bet on the Bitcoin price going up or down.", '1d4mpms'], ['u/dopeboyrico', 26, '2024-05-31 15:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6h3dzh/', 'MSTR gets added to MSCI today after market close.\n\nJust a small taste of the passive inflow perpetual bid that BTC will receive when MSTR inevitably gets added to the S&P 500 some time in the future.', '1d4mpms'], ['u/GRYMandFROSTBITTEN', 16, '2024-05-31 16:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6h87ff/', 'Japan just learned not your keys not your coin. Over 4k Bitcoins stolen from the exchange.', '1d4mpms'], ['u/cryptojimmy8', 14, '2024-05-31 16:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6hbs91/', 'Jesus this is boring. Up 0.2% from yesterday? Better remove those gains instantly', '1d4mpms'], ['u/Nichoros_Strategy', 11, '2024-05-31 17:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6hiu1g/', "They're trying to get sats out of people who pay rent at the end of the month. Not me, of course. But it's clear as day!", '1d4mpms'], ['u/spinbarkit', 13, '2024-05-31 17:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6hluqx/', 'them', '1d4mpms'], ['u/mmouse-', 20, '2024-05-31 18:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6hzurr/', 'The GoxCoins have been moved, yes. \nAny evidence for anything more than that?', '1d4mpms'], ['u/waxheartzZz', 25, '2024-05-31 20:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6ieamd/', "Guys, it is the end of the month again, so I am here to remind you that all kinds of crazy stuff happens at end and beginning of months.\n\n \nDon't forget QT ends in June. Don't forget that is the single largest catalyst in a year+.", '1d4mpms'], ['u/bobbert182', 13, '2024-05-31 22:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/1d4mpms/daily_discussion_friday_may_31_2024/l6j687m/', 'Bitcoin down everything else up. Classic. I’m a perma bull but fuck me is this frustrating sometimes', '1d4mpms']]], ['u/ThisFaithlessness573', 'Planning to buy BTC instead of car. ', 48, '2024-05-31 07:24', 'https://www.reddit.com/r/CryptoIndia/comments/1d4o3zh/planning_to_buy_btc_instead_of_car/', "\n\n\nHey guys,\n\nAs the title suggests, I'm considering investing 15 lakhs in Bitcoin. I already have a 6-year-old car that I'm using and I'm not looking for any short-term gains. My plan is to hold this investment for the next 5 years.\n\nI've been interested in Bitcoin since 2018 but didn't have the funds to invest back then. Now that I do, I'm torn between putting the money into Bitcoin or opting for a fixed deposit with the government, especially given the recent fluctuations in stock valuations.\n\nWith inflation rates rising in other countries and money becoming less valuable, I see Bitcoin as a potentially safer option\n\nI apologize if this seems like a noob question, but I really appreciate any advice you can offer. Additionally, I'd love some guidance on the tax implications if my investment in Bitcoin profits. How can I ensure I'm doing everything legally?\n\nThanks in advance for your help!", 'https://www.reddit.com/r/CryptoIndia/comments/1d4o3zh/planning_to_buy_btc_instead_of_car/', '1d4o3zh', [['u/enlightenedpersonage', 11, '2024-05-31 07:54', 'https://www.reddit.com/r/CryptoIndia/comments/1d4o3zh/planning_to_buy_btc_instead_of_car/l6fsrmh/', 'It’s been a long time since this sub has had a sensible question. \n\nAnyway, go with your gut feeling (which is investing in bitcoin rather than a car). Your point about inflation and money becoming less valuable is also spot on. Seeing how the world is functioning, both financially and politically, Bitcoin in the longer term is the safest store of value along with a huge potential upside. You just gotta become the resistance and not be bothered by huge drops and hold it for the longer term. Maybe more than 5 years. As to when to enter, it’s subjective. Some might enter right away, others might wait for a correction.', '1d4o3zh'], ['u/--G0KU--', 13, '2024-05-31 08:34', 'https://www.reddit.com/r/CryptoIndia/comments/1d4o3zh/planning_to_buy_btc_instead_of_car/l6fwg48/', 'Bhai jab btc so rha hota hai tb sab so rhe hote hai. Jab peak pe aajata hai toh sab jaag jaate hai. Fir dump maarega toh scam kahenge', '1d4o3zh'], ['u/captain_c0ld', 31, '2024-05-31 09:13', 'https://www.reddit.com/r/CryptoIndia/comments/1d4o3zh/planning_to_buy_btc_instead_of_car/l6fzwge/', "Here's my advice: \n\nIf you wanna buy it, go ahead. It will be the best decision you have ever made. \n\nBut here's what you want to do first before dropping such a huge amount into it:\n\n- Buy a hardware wallet (either a Ledger Nano S or Nano X) from Etherbit \n \n- learn how to set up a Ledger wallet from YouTube\n\n- Buy Bitcoin from an International exchange (or an Indian exchange that allows crypto withdrawals to your own hardware wallet)\n\n- Send Bitcoin to your wallet.\n\n- Keep your wallet seedphrase secure. \n\nWhat you don't wanna do it buy 15 Lakhs worth of Bitcoin and keep it on an exchange. Exchanges go bust all the time, you want to have self custody of your asset.", '1d4o3zh']]], ['u/Icy_Amphibian_JASMY', 'r/CryptoCurrency Suppresses JASMY: Give them a hard time', 63, '2024-05-31 07:28', 'https://www.reddit.com/r/JasmyToken/comments/1d4o6de/rcryptocurrency_suppresses_jasmy_give_them_a_hard/', 'The Mods of r/CryptoCurrency are fools and have been suppressing JASMY coverage for years. \n\nJASMY will rise from institutional adoption, but increasing the size of our army doesn’t hurt!\n\nIf you’re interested in fighting their tyranny and spreading the word to degens, I recommend the following:\n\nWe can make their life difficult. They might shadow ban the word JASMY, so try “JASMYmgt”, “Japanese Bitcoin”, “Look at the Top 5”, “JASMYcrypto”, “JASMYcoin”, “JASMYtoken”, … be creative. 😉 \n\nDo not cross-post. Be respectful. Have fun!\n', 'https://www.reddit.com/r/JasmyToken/comments/1d4o6de/rcryptocurrency_suppresses_jasmy_give_them_a_hard/', '1d4o6de', [['u/Raid-Wilson', 14, '2024-05-31 10:24', 'https://www.reddit.com/r/JasmyToken/comments/1d4o6de/rcryptocurrency_suppresses_jasmy_give_them_a_hard/l6g5s56/', "Censoring information is the most beta shit ever lol.\n\nCan't hide the numbers though.. its just a matter of time.\n\nVery strange though.....", '1d4o6de'], ['u/FrostyTippedBastard', 11, '2024-05-31 14:33', 'https://www.reddit.com/r/JasmyToken/comments/1d4o6de/rcryptocurrency_suppresses_jasmy_give_them_a_hard/l6guo98/', 'I don’t think Jasmy is going to need a ton of retail involvement to get big', '1d4o6de']]], ['u/rBitcoinMod', 'Daily Discussion, May 31, 2024', 30, '2024-05-31 08:04', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/1d3y6ch/lightning_thursday_may_30_2024_explore_the/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/', '1d4opzv', [['u/StonksPeasant', 10, '2024-05-31 14:25', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/l6gtkmj/', 'Bitcoins at 68,500 and this thread is dead. Its amazing.', '1d4opzv'], ['u/escodelrio', 12, '2024-05-31 15:15', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/l6h0me5/', "Historical Bitcoin prices for today, May 31st:\n\n2024 - $68,531\n\n2023 - $27,216\n\n2022 - $31,793\n\n2021 - $37,299\n\n2020 - $9,455\n\n2019 - $8,558\n\n2018 - $7,503\n\n2017 - $2,303\n\n2016 - $529\n\n2015 - $230\n\n2014 - $628\n\n2013 - $129\n\n2012 - $5.2\n\n2011 - $8.70\n\nAdditional Stats:\n\nBitcoin's current market cap is $1.35 trillion.\n\nBitcoin's current block height is 845909; with the average block time for the last 7 days being 10.18 minutes.\n\nBitcoin's current block reward is 3.125₿, which is worth $214,160 per block.\n\nThe next Bitcoin halving is anticipated to happen between 22-Mar-2028 to 20-Apr-2028; the block reward will fall to 1.5625₿.\n\nThere are currently 18,997 reachable Bitcoin nodes.\n\nBitcoin's average daily hashrate for the last 7 days is 602 exahashes per second.\n\nBitcoin's average daily trading volume for the last 7 days is 49,420 ₿.\n\nBitcoin's average daily number of transactions for the last 7 days is 686,911.\n\nBitcoin's average transaction fee for the last 7 days is 23.11 sats/VB, with the average fee's USD amount being $2.71.\n\nThere are currently 19.71M ₿ in circulation, leaving 1.29M to be mined.\n\nThere are currently 2.54M ₿ held by companies, governments, DeFi, and ETFs, representing 12.90% of circulating supply.\n\nThere are currently 54,075,151 nonzero Bitcoin addresses.\n\nBitcoin's average daily price from 18-Jul-2010 to 31-May-2024 is $11,554.\n\nBitcoin's average daily price for the year 2024 is $58,394.\n\n1 US Dollar ($) currently equals: 1,459 satoshis; making 1 penny equal 14.59 sats.\n\nBitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.\n\nBitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024.\n\nBitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.\n\nBitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024.\n\nBitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024.\n\nBitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024.\n\nBitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 7.06% from the ATH.", '1d4opzv'], ['u/Frogolocalypse', 12, '2024-05-31 15:35', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/l6h3mso/', "Hey, did you know it's only one month after the halving? It happened just a month ago! It was in the news.\n\nBitcoin at one month past the previous two halvings was 50% down ($1130 vs $580) from the ATH in 2016, and 50% down ($19,654 vs $9,450) from the ATH in 2020. They didn't get to their previous ATH's until 9 and 7 months after the halvings respectively.", '1d4opzv'], ['u/spid3rfly', 10, '2024-05-31 15:50', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/l6h5z5e/', '[mempool.space](http://mempool.space)', '1d4opzv'], ['u/bbiittccooiinn', 13, '2024-05-31 16:23', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/l6hbegd/', 'What big drop?', '1d4opzv'], ['u/viewmodeonly', 13, '2024-05-31 18:51', 'https://www.reddit.com/r/Bitcoin/comments/1d4opzv/daily_discussion_may_31_2024/l6i0mxi/', 'Imagine being such a noob you think a 2% move is a blood bath.', '1d4opzv']]], ['u/Critical_Valuable_44', 'Why are people not donating to skyharbor raffle?', 22, '2024-05-31 09:04', 'https://www.reddit.com/r/ergonauts/comments/1d4pkzs/why_are_people_not_donating_to_skyharbor_raffle/', 'I believe that NFT play a huge role on every blockchain, they are one of the reason why most blockchains have volume. BTC has ordinals, eth has NFTs, and Cardano too..\n\nAll I can say is that Ergo NFT marketplace is not ready for the bull run.\n\nHow can we attract NFT builders to build on ergo ? \n\nRaffle link:\n\nhttps://ergoraffle.com/raffle/show/be5fd00e799770b9c03da2f13df61e91b068d2861f6d08aa3bed319f85a00e2d', 'https://www.reddit.com/r/ergonauts/comments/1d4pkzs/why_are_people_not_donating_to_skyharbor_raffle/', '1d4pkzs', [['u/Opcryp', 21, '2024-05-31 10:23', 'https://www.reddit.com/r/ergonauts/comments/1d4pkzs/why_are_people_not_donating_to_skyharbor_raffle/l6g5nns/', 'Personally it’s because of two reasons for me: I don’t like nfts and I’ve donated more to ergo raffles than to any other coin ever. There’s a limit to my donations since as of now not a single one has ‘paid off’.', '1d4pkzs'], ['u/Inner_Cryptographer6', 11, '2024-05-31 12:38', 'https://www.reddit.com/r/ergonauts/comments/1d4pkzs/why_are_people_not_donating_to_skyharbor_raffle/l6gh7ln/', '$erg price is too low to donate to anything.', '1d4pkzs']]], ['u/sovereign_me21', "That's why Bitcoin. NOT crapto, web3, dao, and other weird things... ", 25, '2024-05-31 09:55', 'https://www.reddit.com/r/Bitcoin/comments/1d4qa6l/thats_why_bitcoin_not_crapto_web3_dao_and_other/', '"Give me your money and I promise I\'ll make you more money. Maybe..." \n \nFunny and really well done. The pure essence of the craptocurrencies :D \n\nhttps://reddit.com/link/1d4qa6l/video/qwybzkstwp3d1/player\n\n', 'https://www.reddit.com/r/Bitcoin/comments/1d4qa6l/thats_why_bitcoin_not_crapto_web3_dao_and_other/', '1d4qa6l', [['u/harvested', 11, '2024-05-31 10:37', 'https://www.reddit.com/r/Bitcoin/comments/1d4qa6l/thats_why_bitcoin_not_crapto_web3_dao_and_other/l6g6v20/', "It's the fiat system that creates the feelings of desperation and need to gamble to play catch up on these shitcoin scams.", '1d4qa6l'], ['u/lordsamadhi', 12, '2024-05-31 13:38', 'https://www.reddit.com/r/Bitcoin/comments/1d4qa6l/thats_why_bitcoin_not_crapto_web3_dao_and_other/l6gnnrj/', "I think you're both right. \n\nThey not mutually exclusive.", '1d4qa6l']]], ['u/boddankajovanovic', 'Kraken users of Germany, are you going to re-verify?', 22, '2024-05-31 10:51', 'https://www.reddit.com/r/Bitcoin/comments/1d4r146/kraken_users_of_germany_are_you_going_to_reverify/', "Kraken recently made an announcement, that all users that want to continue to use their services will have to re-verify because of the new strategic partnership with DLT. \n\nWhat's your opinion on this? Are you going to re-verify?\n\nPersonally, I'm exploring alternatives at the moment, despite being a kraken user for a very long time. So, feel free to recommend other options for your bitcoin purchases.", 'https://www.reddit.com/r/Bitcoin/comments/1d4r146/kraken_users_of_germany_are_you_going_to_reverify/', '1d4r146', [['u/FieserKiller', 21, '2024-05-31 11:29', 'https://www.reddit.com/r/Bitcoin/comments/1d4r146/kraken_users_of_germany_are_you_going_to_reverify/l6gb1v3/', "I reverified successfully. \nProcess was ok, only problem is lack of direct feedback. You do one step and you get no feedback whether everything was ok or not. Then kraken triest to make you redo the same step for a few day until it suddenly shows you the next one. Then it tries to make you redo this step over and over again until you finally get an email stating that you are good now. \nFrom my understanding not much changes for the average user. some enhanced trading/lending stuff will be replaced with some new derivative trading stuff I don't care about. \n\nI'm on kraken for buying cheap spot bitcoin and expect it to work exactly as it did before the migration.", '1d4r146']]], ['u/BigRon1977', 'Why Is Ethereum Not Popular On Reddit?', 42, '2024-05-31 11:06', 'https://www.reddit.com/r/ethtrader/comments/1d4r8ca/why_is_ethereum_not_popular_on_reddit/', "The ETH spot ETFs were approved about a week ago in what many acknowledge as one of the biggest events in ETh's history.\n\nHowever, Data from ChartExchange indicate that ETH wasn't the most mentioned token in the week preceding the approval and even after the approval.\n\nOn the flip side BTC maintains dominance for reasons that mystify me.\n\nWhy is this so?\n\nCheck the data here: [https://chartexchange.com/trends/reddit/mentions/cx-all/?timeframe=14d](https://chartexchange.com/trends/reddit/mentions/cx-all/?timeframe=14d)\n\n[ETH at 5th place. Really sad and criminally underrated.](https://preview.redd.it/yr996lxhbq3d1.jpg?width=2676&format=pjpg&auto=webp&s=7eb64a9d10aa5f5424d9018a149d7fa837014666)\n\n", 'https://www.reddit.com/r/ethtrader/comments/1d4r8ca/why_is_ethereum_not_popular_on_reddit/', '1d4r8ca', [['u/aminok', 53, '2024-05-31 11:26', 'https://www.reddit.com/r/ethtrader/comments/1d4r8ca/why_is_ethereum_not_popular_on_reddit/l6gatnr/', 'Because ETH is not a memecoin. Its enormous market cap is propped up by value investors who understand its fundamentals, in the form of dominant network effects, as opposed to investors who buy it out of an emotional attachment.\n\nETH is also hated by greedy people without vision and integrity who become alt-L1 bagholders and bash ETH in the hopes their alt-L1 will replace it and lead to them seeing a 1,000x increase in the value of their investment like early ETH investors did.', '1d4r8ca'], ['u/BigRon1977', 16, '2024-05-31 11:51', 'https://www.reddit.com/r/ethtrader/comments/1d4r8ca/why_is_ethereum_not_popular_on_reddit/l6gcv8g/', '>ETH is also hated by greedy people without vision and integrity who become alt-L1 bagholders and bash ETH in the hopes that that will lead to their alt-L1 replacing and to them seeing a 1,000x increase in the value of their investment like early ETH investors did\n\nSOL boys come to mind. 😂', '1d4r8ca'], ['u/Kindly-Wolf6919', 15, '2024-05-31 11:57', 'https://www.reddit.com/r/ethtrader/comments/1d4r8ca/why_is_ethereum_not_popular_on_reddit/l6gdfa4/', "Unfortunately Reddit has become a paradise for Degen gamblers who try to promote their own shitcoin. Just because something is mentioned alot doesn't mean it has any value. Remember safemoon and Bitconnneeeeeeeect!?", '1d4r8ca']]], ['u/jcs180', "Not your keys, not your coins, but what if I don't want a physical wallet?", 29, '2024-05-31 12:40', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/', "I'm concerned I'll lose a physical wallet. What options do I have for online cold storage? Or is that phrase not even possible by definition? I'm looking at CoinBase wallet, trying to move my BTC off CoinBase exchange.", 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/', '1d4sks3', [['u/Pasukaru0', 129, '2024-05-31 12:44', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6ghrru/', '>online cold storage\n\nNone. Cold storage is called cold because it is offline.', '1d4sks3'], ['u/Hardgain-Gang', 11, '2024-05-31 12:52', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6gin2b/', 'Whether you have a mobile hot wallet or cold physical wallet, managing your key phrase on a physical piece of paper or steel will be the same responsibility you have to manage.', '1d4sks3'], ['u/MiceAreTiny', 55, '2024-05-31 13:08', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6gk9qi/', 'If you do not want to hold your own keys, buy the ETF.\xa0', '1d4sks3'], ['u/BitcoinAcc', 33, '2024-05-31 13:11', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6gkl4l/', "It does not matter if you lose or destroy the physical wallet. As long as you still have the 12/24 seed words, you can always recover on a new device. So it's the words that you must safeguard, not the device.\n\n\nIt's essentially the same with the coinbase wallet that runs as an app on a phone. That too gives you a recovery phrase that you must safeguard and that you need to recover the wallet if you accidentally delete the wallet app or lose/destroy your phone.\n\n\nThe advantage of a hardware wallet is, that it's a cold wallet, while the coinbase wallet app (or any other wallet app that runs on a phone) is a hot wallet. If you decide to go with a hot wallet on a phone anyway, at least look into getting a good open source one, instead of a proprietary closed source one. So, not the coinbase wallet app.", '1d4sks3'], ['u/KPTA-IRON', 45, '2024-05-31 13:30', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6gms2h/', 'My dude your bitcoin IS NOT stored on a physical device. You can buy one, start your wallet, get your seed phrase and burn the device to the ground. You can simply then buy ANY new device on or offline and get in your wallet again by using the same set of keys.', '1d4sks3'], ['u/drunkmax00va', 12, '2024-05-31 13:37', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6gnhpb/', 'This is the correct answer', '1d4sks3'], ['u/PennyOnTheTrack', 10, '2024-05-31 14:54', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6gxfoj/', 'So, those guys searching landfills for hard drives... are looking for the seed phrase? The stories are always worded as if the BTC is in the landfill.', '1d4sks3'], ['u/drunkmax00va', 12, '2024-05-31 15:30', 'https://www.reddit.com/r/Bitcoin/comments/1d4sks3/not_your_keys_not_your_coins_but_what_if_i_dont/l6h2rw6/', "It's still better than leaving it on exchange", '1d4sks3']]], ['u/i_eat_babies__', 'G train suspension this summer: What to know', 47, '2024-05-31 14:12', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/', 'The G line will be partially suspended this summer at all times in various phases due to CBTC installation from June 28 to September 3:\n\nPhase 1:\n\nJune 28 - July 5: G will be suspended from Court Square to Nassau Av. Trains will run from Nassau Av to Church Av. Free B94 shuttle buses will operate along the suspended segment\n\nPhase 2:\n\nJuly 5 - August 12: G will be suspended from Court Square to Bedford - Nostrand Avs. Trains will run from Bedford - Nostrand to Church Av. Free B98 shuttle buses will operate along the suspended segment\n\nPhase 3:\n\nAugust 12 - September 3: G will be suspended from Bedford - Nostrand to Church Av. Trains will run from Court Square to Bedford - Nostrand. F trains will not be affected. Free B93 shuttle buses will operate from Bedford - Nostrand to Jay St - MetroTech, making G train stops between Bedford - Nostrand and Hoyt - Schermerhorn\n\nDuring the entire project, J and Z trains will make all local stops between Myrtle Av - Broadway and Marcy Avenue at all times. Free out-of-system transfer will be available between Broadway (G) and Lorimer St or Hewes St (J)(M)(Z).\n\nMore information can be found at this [page](https://new.mta.info/article/service-changes-g-line-summer-2024)\n\n([Original post](https://www.reddit.com/r/nycrail/comments/1d4a73n/g_train_suspension_this_summer_what_to_know/)), via u/Neon_sphere630 (thank you!)', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/', '1d4u44g', [['u/NYnosher', 46, '2024-05-31 14:37', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/l6gv5pw/', "Wish they wouldn't do this work in the summer when I'm trying to go into Brooklyn more", '1d4u44g'], ['u/Cami_GQ', 20, '2024-05-31 14:37', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/l6gv6j6/', 'Thanks for putting this together - Good to see there is another Astorian who uses the G regularly!', '1d4u44g'], ['u/sunlit_snowdrop', 35, '2024-05-31 15:44', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/l6h4y7c/', 'Oh good. I was hoping for something to make my trips to Brooklyn more difficult.', '1d4u44g'], ['u/yeash95', 19, '2024-05-31 15:57', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/l6h73i2/', 'Summer is the best time to do this type of work. More people are on vacation, school is out. It impacts less people overall, while not having to work through major holidays', '1d4u44g'], ['u/NYnosher', 61, '2024-05-31 16:45', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/l6heyit/', "Ok but I'm selfish", '1d4u44g'], ['u/yeash95', 10, '2024-05-31 17:08', 'https://www.reddit.com/r/astoria/comments/1d4u44g/g_train_suspension_this_summer_what_to_know/l6hiyp3/', '🤷\u200d♂️ Honestly if they can get this work done in two months with partial shutdowns I would prefer that over endless weekend and night work', '1d4u44g']]], ['u/oak1337', 'Thoughts', 23, '2024-05-31 14:19', 'https://www.reddit.com/r/Hedera/comments/1d4u8py/thoughts/', 'So I typically don\'t like to keep a lot of cash. I try to keep like 3-6 months emergency fund in savings and the rest of my dollars must be working for me. Stocks, gold, silver, real estate, and crypto. \n\nWhen I first got into crypto, I was ignorant to the market, so diversification was the name of the game. Had like 20 random cryptos in my portfolio, I might as well have picked them out of a hat. After many years and more knowledge gained, that got consolidated to BTC, LINK, HBAR. Now it\'s all HBAR and HTS coins.\n\nI think Hedera is a 100 year company. Not only is the tech superior to all others currently, it likely will be the most superior tech for those hundred years (thanks Leemon 🙏). It cannot get any simpler (or more advanced) than adding 2 timestamp hashes to your payload, and it can fully scale with hardware/bandwidth upgrades. As computers and Internet get faster, so does Hedera. Trilemma solved, and it\'s simplicity is it\'s elegance.\n\nAll that said, I think about my "exit strategy" as we approach bull run alt season liftoff time. The more I think about it, the more I don\'t know what I\'d do with the cashed out money, aside from paying off my house. \n\nIs there a better investment? A better asset? It certainly isn\'t better to have cash with the inflation rates. If this is a 100 year company, and I cash out at $1 and it goes to $10, or $20, or $100 over the next 5, 10, 20 years, that is a lot of missed opportunity for the short term gain. Even with stocks, I don\'t buy and then sell short term. Research, buy and hold for 20-40 year plan till I retire. I know that I\'d still love to have a sizeable HBAR bag when we finally get to 50B in circulation, full council, several major use cases running, permissionless nodes, the 1 million TPS mark, etc etc etc. \n\nSo I guess I\'m trying to say, I could see myself reaching a price target, and cashing out a small percentage (<20%?) to pay off my house. This would definitely be enough to call it "recouping my initial investment". After that though... I\'ll likely just let it ride for a long time and see where it takes me. If I absolutely need money, I can sell a bit at any time, but otherwise, where else would I put that money? I have a job that pays the bills. There\'s no other asset (in my view) that is more undervalued or has a larger chance of success over time. Why would I put my money elsewhere? I already have a diverse portfolio outside of crypto.\n\nIs this stupid? What\'s your plan? What would you do with your cashed out funds? Just keep it in USDC as dry powder and wait/hope to rebuy if it dips? \n\nAnyway, just stirring up some conversation. \n\nHappy Friday HBARbarians! 🤠👍', 'https://www.reddit.com/r/Hedera/comments/1d4u8py/thoughts/', '1d4u8py', [['u/HBAR_10_DOLLARS', 15, '2024-05-31 14:34', 'https://www.reddit.com/r/Hedera/comments/1d4u8py/thoughts/l6gusa0/', 'If and when HBAR wins, it’s going to win big - I’m talking $10 and then later even $100 or more is also in the cards. This won’t be something that just stagnates around $2 or so forever. The technology is going to eat everything just by its nature and the nature of exponential tech adoption. \n\nBecause of that, I would never sell the whole stack at any price level.', '1d4u8py'], ['u/jeeptopdown', 19, '2024-05-31 15:59', 'https://www.reddit.com/r/Hedera/comments/1d4u8py/thoughts/l6h7gpy/', 'I think so much of it depends on where you are in life. For your specific situation, I don’t see any holes in your approach. Especially given this - “I already have a diverse portfolio outside of crypto.” \n\nI’m in a different spot. I’m 55 and just retired (although I’ll probably contract back for a year or two). If we get a nice jump over the next 12-24 months I might be tempted to sell most of what I have. A little for me to pay off our second home, but I’d probably give a good portion to my kids to help them get started. I’m a big believer in owning your home and paying it off as a long term strategy, but in today’s world just getting started down that path is difficult with home prices. My oldest has been working in the real world for about 6 years now and owns a starter house. My younger kiddo has a year left in grad school. I’d love to be able to give them each a chunk to accelerate their path to owning a place maybe one or two steps past a starter home.', '1d4u8py']]], ['u/Per-asperaadastra', 'Nexo rocket 🚀 ', 25, '2024-05-31 14:37', 'https://www.reddit.com/r/Nexo/comments/1d4ukwy/nexo_rocket/', 'I am an enthusiast and I believe a lot in the platform created, but especially in the nexo team . \nI have been using nexo for about 5 years (2019) and I have never had a problem and in every case I have always received immediate feedback so that I can solve it as best as possible. \nCurrently my portfolio is 99% nexo and 1% eht . About 100k .\nBtc always on external wallet .\nI believe nexo has huge , but really huge potential ( x50) given the small capitalization , but the very high level of product and service offered.\nI hope that this bull run will bring it at least to the previous celsius levels (7/8$) but fully convinced that time will prove this great team right.\nAm I too optimistic ?\nWhat do you guys think ?', 'https://www.reddit.com/r/Nexo/comments/1d4ukwy/nexo_rocket/', '1d4ukwy', [['u/Per-asperaadastra', 14, '2024-05-31 14:51', 'https://www.reddit.com/r/Nexo/comments/1d4ukwy/nexo_rocket/l6gx12h/', 'I understand , but you have to start somewhere ....\nHowever I really appreciate nexo .It was not meant to be a biased post , but I wanted to understand the general sentiment. I have really been using it since 2019 and find it constantly being updated. I’m Italian', '1d4ukwy'], ['u/McZorkLord', 13, '2024-05-31 14:55', 'https://www.reddit.com/r/Nexo/comments/1d4ukwy/nexo_rocket/l6gxoki/', 'Back to ATH at around $4 would be a great start. And then if Ppl finally wake up to these interest rates, and the fact that you can still make your money work... Who knows how much higher it can go!? \nMaybe Nexo will also add some extra incentives or value to the token.\n\nAlso been through some rough times with Nexo, like many of us, and also held my confidence... They did never disappoint!... Until now at least!', '1d4ukwy'], ['u/Hagya_ant', 11, '2024-05-31 15:10', 'https://www.reddit.com/r/Nexo/comments/1d4ukwy/nexo_rocket/l6gztbc/', "Nexo as a platform is definitely the best platform in the space for some time now. I believe $NEXO will also pump with $ETH's ETF approval now, good times ahead boys!", '1d4ukwy'], ['u/Skyobliwind', 15, '2024-05-31 15:42', 'https://www.reddit.com/r/Nexo/comments/1d4ukwy/nexo_rocket/l6h4oe1/', "The Platform and Service is great, but in the past few weeks they kind of failed in communication of changes. There is an AMA for a few months now, but even there they failed to communicate changes in the fees BEFORE they take effect (of which they reverted some but not all).\n\nThat's a mistake I habe seen multiple times from other platforms like CDC for example. But that shouldn't happen and isn't optimal for the image.", '1d4ukwy']]], ['u/TimboNotes', 'The power of Bitcoin. ⚠️ ', 1299, '2024-05-31 15:19', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/', 'While prices increase in dollar terms, they decrease in bitcoin terms. Got m̶i̶l̶k̶ #BTC\xa0? ', 'https://i.redd.it/hq81hx6wir3d1.jpeg', '1d4vfk1', [['u/4xfun', 47, '2024-05-31 15:32', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6h34s4/', 'This is a consequence of having a sound store of value.\xa0', '1d4vfk1'], ['u/UrU_AnnA', 72, '2024-05-31 15:42', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6h4pb0/', "This is how the new generation, using bitcoin's deflation, will take back what the old generation, using fiat's inflation, has stolen from them.", '1d4vfk1'], ['u/EyesFor1', 34, '2024-05-31 15:45', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6h57hu/', 'wen 1', '1d4vfk1'], ['u/DogoByte', 27, '2024-05-31 15:58', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6h7a0o/', 'I suppose being in my mid fiftees, I am that older generation. \n\nPersonally I have just worked my bollocks off all my life. I work, I earn inferior fiat money, I buy superior bitcoin. Where is the stealing from the younger generation?', '1d4vfk1'], ['u/vagrant_cat', 12, '2024-05-31 16:06', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6h8ka6/', "He's not talking about you.\n\nHe's talking about your peers.", '1d4vfk1'], ['u/Wolverine1850', 15, '2024-05-31 16:07', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6h8onb/', "Probably less than 1 full BTC and you'll be able to take a loan against the BTC to get the liquidity to purchase.", '1d4vfk1'], ['u/Agent_Scoon', 27, '2024-05-31 16:25', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6hblv4/', 'People love to pass blame onto diff gens. One day my gen and their gen will get blame for things we had no control over.', '1d4vfk1'], ['u/Wolverine1850', 13, '2024-05-31 16:32', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6hcw1t/', "I don't plan on using my Bitcoin as money. I intend to use it as loan collateral and HODL forever", '1d4vfk1'], ['u/mutinomonem', 16, '2024-05-31 16:38', 'https://www.reddit.com/r/Bitcoin/comments/1d4vfk1/the_power_of_bitcoin/l6hdwso/', "Its a way of creating a divide between us.\n\nI don't think of it as blaming the no... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.

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