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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:** ['Bitcoin, BTC to USD, rallied by 4.34% on Tuesday. Following on from a 0.18% gain on Monday, Bitcoin ended the day at $13,626.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $13,054.0 to a late intraday high $13,769.0. Bitcoin broke through the first major resistance level at $13,275 and the second major resistance level at $13,491. A pullback in the final hour, however, saw Bitcoin wrap up the day at sub-$13,700 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Cardano’s ADA (-0.56%) and Polkadot (-4.72%) bucked the trend on the day. It was a bullish day for the rest of the majors. Ethereum led the way, rallying by 3.22%. Binance Coin (+1.38%), Bitcoin Cash ABC (+1.33%), Chainlink (+1.97%), Crypto.com Coin (+2.49%), Litecoin (+2.20%), and Ripple’s XRP (+1.72%) also found strong support. Bitcoin Cash SV trailed with a 0.26% gain. In current the week, the crypto total fell to a Monday $378.22bn low before rising to a Tuesday $410,2bn high. At the time of writing, the total market cap stood at $403.43bn. Bitcoin’s dominance fell to a Monday low of 61.54% before rising to a Wednesday 63.08% high. At the time of writing, Bitcoin’s dominance stood at 63.04%. This Morning At the time of writing, Bitcoin was up by 0.67% to $13,717.0. A mixed start to the day saw Bitcoin fall to an early morning low $13,593.0 before rising to a high $13,718.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Ripple’s XRP was down by 0.27% to buck the trend early on. Elsewhere it was a bullish start to the day. At the time of writing, Chainlink was up by 1.00% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,483 to bring the first major resistance level at $13,912 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $13,769.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,500 before any pullback. The second major resistance level sits at $14,198. Failure to avoid a fall through the $13,483 pivot would bring the first major support level at $13,197 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,000 levels. The second major support level sits at $12,768. This article was originally posted on FX Empire More From FXEMPIRE: EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 28th, 2020 European Equities: Futures Point to the Red, with COVID-19 and U.S Politics in Focus Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Amazon Stuck In Neutral Ahead Of Earnings US Stock Market Overview – Stock Close Mixed as Nasdaq and S&P 500 Diverge Crude Oil Price Update – Strengthens Over $39.42, Weakens Under $38.83', 'Bitcoin, BTC to USD, rallied by 4.34% on Tuesday. Following on from a 0.18% gain on Monday, Bitcoin ended the day at $13,626.0.\nIt was a bullish start to the day. Bitcoin rallied from an early morning intraday low $13,054.0 to a late intraday high $13,769.0.\nBitcoin broke through the first major resistance level at $13,275 and the second major resistance level at $13,491.\nA pullback in the final hour, however, saw Bitcoin wrap up the day at sub-$13,700 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nCardano’s ADA (-0.56%) and Polkadot (-4.72%) bucked the trend on the day.\nIt was a bullish day for the rest of the majors.\nEthereum led the way, rallying by 3.22%.\nBinance Coin (+1.38%), Bitcoin Cash ABC (+1.33%), Chainlink (+1.97%), Crypto.com Coin (+2.49%), Litecoin (+2.20%), and Ripple’s XRP (+1.72%) also found strong support.\nBitcoin Cash SV trailed with a 0.26% gain.\nIn current the week, the crypto total fell to a Monday $378.22bn low before rising to a Tuesday $410,2bn high. At the time of writing, the total market cap stood at $403.43bn.\nBitcoin’s dominance fell to a Monday low of 61.54% before rising to a Wednesday 63.08% high. At the time of writing, Bitcoin’s dominance stood at 63.04%.\nAt the time of writing, Bitcoin was up by 0.67% to $13,717.0. A mixed start to the day saw Bitcoin fall to an early morning low $13,593.0 before rising to a high $13,718.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Ripple’s XRP was down by 0.27% to buck the trend early on.\nElsewhere it was a bullish start to the day.\nAt the time of writing, Chainlink was up by 1.00% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $13,483 to bring the first major resistance level at $13,912 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $13,769.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $14,500 before any pullback. The second major resistance level sits at $14,198.\nFailure to avoid a fall through the $13,483 pivot would bring the first major support level at $13,197 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,000 levels. The second major support level sits at $12,768.\nThisarticlewas originally posted on FX Empire\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 28th, 2020\n• European Equities: Futures Point to the Red, with COVID-19 and U.S Politics in Focus\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70\n• Amazon Stuck In Neutral Ahead Of Earnings\n• US Stock Market Overview – Stock Close Mixed as Nasdaq and S&P 500 Diverge\n• Crude Oil Price Update – Strengthens Over $39.42, Weakens Under $38.83', 'JPMorgan Chase & Co\'s(NYSE:JPM) cryptocurrency "JPM Coin" is now live for commercial use, Takis Georgakopoulos, the bank’s global head of wholesale paymentstold CNBC.\nWhat Happened:The New York-based bank’s digital currency was used\xa0this week to send international payments commercially for the first time ever\xa0by a large technology client,\xa0Georgakopoulos said.\nThe JPMorgan executive didn\'t name the\xa0large international technology company\xa0but said other clients are also coming on board.\nThe Jamie Dimon-led bank is also creating a new business unit, Onyx, with more than 100 staff members to deal with blockchain and digital currency. Umar Farooq has reportedly been named the new CEO Of Onyx.\nWhy It Matters:JPMorgan is one of the largest participants in cross-border payments and moves more than $6 trillion a day across 100 countries, noted CNBC.\nGeorgakopoulos said that the lender is focused on easing wholesale payments, which could save hundreds of millions of dollars if a better solution was deployed.\nOnyx will also focus on using the blockchain to process paper checks, which can save up to 75% of the total costs involved, Farooq told CNBC — adding that the project is still months away from commercial launch.\nThis month,Paypal Holdings Inc(NASDAQ:PYPL) said it would allow its users tobuy, sell and holdcryptocurrencies including Bitcoin and Ethereum, spurring a flurry of activity in cryptocurrency markets.\nPrice Action:JPMorgan shares closed nearly 1.9% lower at $99.33 on Tuesday and fell 0.33% in the after-hours session.\nRelated Link:\'Caged Bull\' Bitcoin Crosses The K \'Breakout\' Mark\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Wells Fargo Fires Up To 125 Workers Over Fraudulently Tapping Coronavirus Relief Loans: Report\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'JPMorgan Chase & Co\'s (NYSE: JPM ) cryptocurrency "JPM Coin" is now live for commercial use, Takis Georgakopoulos, the bank’s global head of wholesale payments told CNBC. What Happened: The New York-based bank’s digital currency was used\xa0this week to send international payments commercially for the first time ever\xa0by a large technology client,\xa0Georgakopoulos said. The JPMorgan executive didn\'t name the\xa0large international technology company\xa0but said other clients are also coming on board. The Jamie Dimon-led bank is also creating a new business unit, Onyx, with more than 100 staff members to deal with blockchain and digital currency. Umar Farooq has reportedly been named the new CEO Of Onyx. Why It Matters: JPMorgan is one of the largest participants in cross-border payments and moves more than $6 trillion a day across 100 countries, noted CNBC. Georgakopoulos said that the lender is focused on easing wholesale payments, which could save hundreds of millions of dollars if a better solution was deployed. Onyx will also focus on using the blockchain to process paper checks, which can save up to 75% of the total costs involved, Farooq told CNBC — adding that the project is still months away from commercial launch. This month, Paypal Holdings Inc (NASDAQ: PYPL ) said it would allow its users to buy, sell and hold cryptocurrencies including Bitcoin and Ethereum, spurring a flurry of activity in cryptocurrency markets. Price Action: JPMorgan shares closed nearly 1.9% lower at $99.33 on Tuesday and fell 0.33% in the after-hours session. Related Link: \'Caged Bull\' Bitcoin Crosses The K \'Breakout\' Mark See more from Benzinga Click **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: 2020-10-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $241,012,544,656 - Hash Rate: 99407296.41582084 - Transaction Count: 261340.0 - Unique Addresses: 615001.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Singapore, Sept. 24, 2020 (GLOBE NEWSWIRE) -- MinePlex, a CrossFi platform that combines traditional financial instruments' stability and liquidity with the security and transparency of blockchain technology, is developing a mobile cryptobank that will make it easy for the average person to spend cryptocurrencies in everyday purchases like food, shopping, and even paying bills. According to the whitepaper, the project's main goal "is to remove restrictions on the purchase, sale, and use of cryptocurrencies. Using the mobile app, the client will be able to safely store, trade, and borrow against digital and traditional assets. All this on just one platform." The platform's biggest audience is people using mobile phones with over 3 billion users today. This figure is expected to reach 3.6 billion by 2024. Mobile banking is gaining popularity fast worldwide thanks to convenience, speed, accessibility, and other economic benefits. The fact that you don't have to visit a physical bank is an added plus. The number of people using mobile banking services is expected to hit 85 million by 2023. MinePlex bankingsolution will offer the maximum benefits of cryptocurrencies combined with those of mobile banking technologies such as reduced costs on the application, saving time, reliability, and security of funds. MinePlex Ecosystem The ecosystem comprises a mobile cryptobank where users can exchange different currencies, create savings, move funds between accounts, take loans, store both crypto and fiat, etc. There is a multi-currency wallet that will aid fast and easy use of cryptocurrencies. Initially, this wallet will support the project's native tokens MINE and PLEX, with 20 more currencies added by spring 2021, including BTC, ETH, and USDT. Then there is a P2P exchange that will allow buying and selling of crypto quickly among users at the best rates. It will be tied to your account, saving time and simplifying the exchange process. This exchange will accept various fiat currencies to facilitate payments. Finally, there is the MinePlex debit card that will help users use digital currencies anywhere without restrictions and overpaying fees. All service benefits will be accessible using the project's native tokens. And the card will be compatible with payment systems such as Visa, MasterCard, and UnionPay. Also, users of the card will be able to access various sectors, including finance, transport, and education. For example, when traveling, a user will be able to convert crypto/fiat into local currency and pay for tickets and hotels. About MinePlex MinePlex is a new generation cryptobank that has its own liquid token. Its solution is finely balanced betweenblockchaintechnology, traditional financial systems, and mobile applications. Clickhereto see the project's whitepaper. Media contact information: Name: Alex MamasidikovCompany name: Mineplex PTE LTDEmail: [email protected]: mineplex.io... - Reddit Posts (Sample): [['u/[deleted]', 'When bitcoin hits $13,858, that means the price has risen $10,000 since the March dip.', 317, '2020-10-28 00:26', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/', 'The math checks out.', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/', 'jjck8q', [['u/VirtuaFighter6', 51, '2020-10-28 01:10', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/gabvwbx/', 'No shit, right? WTF! What’s the old saying? Buy the dip!', 'jjck8q'], ['u/phx9', 13, '2020-10-28 02:23', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/gac421z/', 'Right now we are scratching on the 2a high... $100 ($13800) more and now is only second to the peak of the 2017 boom.', 'jjck8q'], ['u/samjoe6969', 11, '2020-10-28 02:50', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/gac72q6/', 'probably not posted as a feat of mathematics, but more like a reminder. you, tippy cunt', 'jjck8q'], ['u/[deleted]', 37, '2020-10-28 03:54', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/gace5lq/', '3 hours later, I rest my case.', 'jjck8q'], ['u/nyum125', 11, '2020-10-28 05:35', 'https://www.reddit.com/r/Bitcoin/comments/jjck8q/when_bitcoin_hits_13858_that_means_the_price_has/gacnsdt/', 'With this attitude you will likely lose money', 'jjck8q']]], ['u/FatFiredProgrammer', 'Is Bitcoin a good investment?', 45, '2020-10-28 01:25', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/', "This hasn't been discussed in at least 5 minutes. So, can we please discuss how bitcoin is such a great investment?\n\n**EDIT** Please don't forget to both downvote this post and also anyone who says anything remotely disparaging about bitcoin.\n\n**EDIT** Please tell me about those other sh*tcoins. I don't care.\n\n**EDIT** I don't care about stonks. Those are for the losers on /r/wallstreetbets .", 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/', 'jjdlbl', [['u/cervenamys', 19, '2020-10-28 01:36', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/gabyu4i/', 'Imagine not having your etire life savings in Dogecoin', 'jjdlbl'], ['u/FatFiredProgrammer', 10, '2020-10-28 02:01', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/gac1n63/', "You had me worried for a bit. But I'm sure they would have 'fessed up if they did something wrong. Most celebrity types are very honest. That's why we elect them to high political office and diligently listen to them concerning anything of consequence. Even now, I am filling out all my mail-in ballots based on celebrity youtube endorsements. I really like William Shatner - he was such a great actor - but I can't find his recommendations for my local school board. How am I supposed to vote now?", 'jjdlbl'], ['u/BestFill', 11, '2020-10-28 02:10', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/gac2mlh/', 'Is Bitcoin a good investment. Are you fucking stupid?\n\nMy entire net worth is in gold like a real fucking man you idiot. \n\nFuck you.', 'jjdlbl'], ['u/FatFiredProgrammer', 17, '2020-10-28 02:13', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/gac31g6/', "This may be the single best piece of advice I've gotten this entire rotten year.", 'jjdlbl'], ['u/william_fontaine', 11, '2020-10-28 02:14', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/gac3425/', 'what fools\n\nmuch pity', 'jjdlbl'], ['u/This-Moment', 15, '2020-10-28 02:15', 'https://www.reddit.com/r/fijerk/comments/jjdlbl/is_bitcoin_a_good_investment/gac35he/', "Thank you for this. It's such a relief to finally talk about BitCoin.", 'jjdlbl']]], ['u/markpaul00', 'Warning - Buying Bitcoin through TrustWallet - misleading quotes - high fees', 77, '2020-10-28 01:39', 'https://www.reddit.com/r/Bitcoin/comments/jjdtja/warning_buying_bitcoin_through_trustwallet/', 'Hi all, \n\nUsually I use Cashapp to buy my Bitcoin (weekly, I DCA) and then I store in in Trustwallet, which is a mobile wallet owned by Binance. \n\nI noticed they added a "buy BTC" option directly in the TrustWallet app, so I gave it a shot. \n\nUnfortunately, they outsource the actual crypto buying process to a sketchy company, which uses misleading tactics.\n\nAs you can see from this screenshot: https://i.imgur.com/eknji0Z.png\n\nUS$5000 was to purchase 0.41635 BTC, an amount that I\'m happy with.\n\nHowever, at checkout, they change the deal to this: https://i.imgur.com/oSQoNPd.png\n\nIn simple terms, they wanted to sell me 0.43092 BTC for $5000, and then added a $175 "processing" fee. That\'s more Bitcoin than I wanted to buy, more fiat than I wanted to spend, and it brings the base price of the bitcoin from $11,603, to $12,009, a far larger number. \n\nI would have no problem with this if they were upfront about the fees and what they are doing, but now I have sour taste in my mouth. I\'ve been into crypto for a little while. Can you imagine how predatory this would seem to a new user who\'s going through their first buy?\n\nThis is my first post, so I hope I did it properly.', 'https://www.reddit.com/r/Bitcoin/comments/jjdtja/warning_buying_bitcoin_through_trustwallet/', 'jjdtja', [['u/cgan14344', 10, '2020-10-28 03:21', 'https://www.reddit.com/r/Bitcoin/comments/jjdtja/warning_buying_bitcoin_through_trustwallet/gacahav/', 'You understand that Trustwallet is double dipping right? They show that you get X btc for X, then sell you X+Y btc at X+y price, then add a processing fee. Textbook bait and switch. The cost basis of the BTC is far higher than spot. Even coinbase is cheaper.\n\nI downloaded the app myself. They present $5000 for 0.xxxx at the spot price, and then when you click buy, they change the spot price to higher after you do the KYC.', 'jjdtja']]], ['u/FIRE_and_forget_it', 'When the market dropped last March, my net worth dropped by over a million dollars (-22%)', 2355, '2020-10-28 01:40', 'https://www.reddit.com/r/financialindependence/comments/jjdts8/when_the_market_dropped_last_march_my_net_worth/', 'I’ve been retired for 2.5 years now, and I pop in here from time to time to tell people how things are going. I do it because I am encouraged to do so (by you nice folks) and I like to share what I learned so far. Feel free to ask me anything you like. \n\n\n[My first post - a 1 year in reflection + FIRE story](https://old.reddit.com/r/financialindependence/comments/b2bfko/fire_1_year_in_a_few_reflections/)\n\n[And my 2 year follow up here]( https://old.reddit.com/r/financialindependence/comments/etgc2q/fire_2_years_in_a_few_more_reflections/)\n\nI’m a patient person, a future-oriented person, and these characteristics helped me to persist in the long-term planning I did when I was working towards FI/RE. It helped me hold on to my investment in crypto as it soared (Stick to your plan, man: I took some profits, which is how I jumped the queue to FIRE earlier than expected and with more than I needed, though I was heavy on the FI/RE path before that). \n\nI am also a semi-rational person (I think), who has played out a number of scenarios in my head many times. In fact – I had to do that to feel confident to retire in the first place. What if ____ (fill in catastrophic thing) happens?… each time I figured out how I would survive and most of the survival plans fell out to: keep cool and sit tight (a couple of them included “and go back to work.”) Considering how the stock market and economy in general are cyclical, I had gone through the “what do you do when there is a crash and your net worth drops significantly?” (note the crash part is not “if”, but “when”). The answer, as previously mentioned, was “sit on the porch and watch your sunflowers grow.” \n\nThere was a conversation in (I think) one of my posts last year where after the market had dropped a small amount I mentioned I had just chilled through it (while others flipped out and panic-sold and were then kicking themselves) and someone on here snarkily replied “well, wait until you see a REAL drop, then we will see what you do!” \n\nWell Snarko VonSnarkington, this post is for you. \n\nAs you might recall, the month of March was brutal, with many days showing huge losses in the stock markets. Not only did the market drop precipitously but my historically uncorrelated asset bitcoin shit the bed as well (a universal rush to cash?) leaving me just over $1M poorer net-worth-wise. \n\nMy portfolio consists of real estate (my old house that I now rent out), index funds, and bitcoin. I outright own my current house (sold my bond funds to buy the house) and a piece of shit truck that I love. I also own a cat free and clear. \n\nSo what did I do as my portfolio took a double barreled shotgun to the face?!?!? Not a goddamn thing. Ok, that’s a lie. I loss-harvested 90k worth of index funds which have since recovered and then some. I held tight. I held strong. I built shelves for my workshop out of salvaged lumber. \n\nPsychologically I have to say I felt off – it was not fun, and it was not Zen (though I tried brother, I tried). I had to argue with myself “well, this is one of those situations that test your mettle, meboyo…” and “wow, how is this going to play out… nervous… yuck…” but even though I experienced emotions, there was never even the option in my mind to sell in order to protect capital. It never appealed to me as a wise option and I had no compulsion to do so. For years I have made an informed decision to commit to this strategy I believe in, and damnit I am going to stick by it. I own my house. I know how to cook. I have health insurance and a rainy-day fund. I am retired, by design, because I stick to the plan until it no longer makes any sense – and... 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 major Asia-Pacific stock indexes were lower across the board on Thursday with China bucking the trend to move modestly higher. The weakness in the East wasn’t nearly as bad as the routs in the United States and Europe the previous sessions, as Asia’s brighter economic outlook offset investor worries about fresh COVID-19 lockdowns in Europe. In the cash market on Thursday, Japan’s Nikkei 225 Index settled at 23331.94, down 86.57 or -0.37%. Hong Kong’s Hang Seng Index finished at 24550.17, down 158.63 or -0.64% and South Korea’s KOSPI Index closed at 2326.67, down 18.59 or -0.79%. Bank of Japan Trims Growth, Price Forecasts; Keeps Policy Steady The Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year ending in March 2021, heightening expectations it will maintain its massive stimulus for a time being to cushion the blow from COVID-19. As widely expected, the central bank kept monetary policy steady, including a -0.1% target for short-term interest rates and a pledge to guide long-term rates around 0%. It also made no changes to a package of measures to ease corporate funding strains caused by the coronavirus pandemic. BOJ Governor Haruhiko Kuroda is expected to hold a news conference to explain the policy decision and the new forecasts, which were produced as part of the BOJ’s quarterly report on the economic and price outlook. Samsung Predicts Fourth-Quarter Decline in Profits Due to Weak Demand and Growing Competition Shares in South Korea were among the biggest losers regionally, as the KOSPI Index fell as much as 1.69% before settling 0.79% lower. Shares of industry heavyweight Samsung Electronics declined around 2% after the firm on Thursday predicted a fourth-quarter decline in profits. Samsung Electronics on Thursday said it expects a decline in profit in the three months that will end on December 31 due to weak memory chip demand and intense competition in the smartphone and consumer electronics spaces. Story continues Samsung announced a 59% year-on-year jump in operating profit to 12.35 trillion Korean won (about $10.89 billion) for the July-September quarter, which was in line with earlier guidance. “Looking ahead, Samsung Electronics expects profit to decline in the fourth quarter amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics,” the company said in a statement. Sony Shares Pop on Strong Outlook Shares of Sony surged in Tokyo on Thursday, a day after the Japanese electronics giant raised its annual profit forecast. Sony shares in Japan were up 6.69% on Thursday even though Japan’s border index, the Nikkei 225, fell 0.37% on the day., On Wednesday, Sony raised its forecast for its annual operating income by 13% to 700 billion yen (approximately $6.7 billion). It came as the firm announced an operating profit of about 317.8 billion yen (around $3.04 billion) for the three months ended September 30. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: EUR/USD Daily Forecast – U.S. Dollar Tries To Continue Its Upside Move USD/JPY Fundamental Daily Forecast – One-Week Yen Volatility Against Dollar Jumps to Seven Month High Trading Currencies: Waiting for a Blue Wave or Status Quo? It’s Still Too Early To Buy Bitcoin? COVID-19, Economic Data, the ECB, and U.S Politics to Keep the Markets Busy Oil Price Fundamental Daily Forecast – Down on Growing Concerns Over Global Oil Supply Glut', 'The major Asia-Pacific stock indexes were lower across the board on Thursday with China bucking the trend to move modestly higher. The weakness in the East wasn’t nearly as bad as the routs in the United States and Europe the previous sessions, as Asia’s brighter economic outlook offset investor worries about fresh COVID-19 lockdowns in Europe.\nIn the cash market on Thursday,Japan’s Nikkei 225 Indexsettled at 23331.94, down 86.57 or -0.37%. Hong Kong’s Hang Seng Index finished at 24550.17, down 158.63 or -0.64% and South Korea’s KOSPI Index closed at 2326.67, down 18.59 or -0.79%.\nThe Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year ending in March 2021, heightening expectations it will maintain its massive stimulus for a time being to cushion the blow from COVID-19.\nAs widely expected, the central bank kept monetary policy steady, including a -0.1% target for short-term interest rates and a pledge to guide long-term rates around 0%.\nIt also made no changes to a package of measures to ease corporate funding strains caused by the coronavirus pandemic.\nBOJ Governor Haruhiko Kuroda is expected to hold a news conference to explain the policy decision and the new forecasts, which were produced as part of the BOJ’s quarterly report on the economic and price outlook.\nShares in South Korea were among the biggest losers regionally, as the KOSPI Index fell as much as 1.69% before settling 0.79% lower. Shares of industry heavyweight Samsung Electronics declined around 2% after the firm on Thursday predicted a fourth-quarter decline in profits.\nSamsung Electronics on Thursday said it expects a decline in profit in the three months that will end on December 31 due to weak memory chip demand and intense competition in the smartphone and consumer electronics spaces.\nSamsung announced a 59% year-on-year jump in operating profit to 12.35 trillion Korean won (about $10.89 billion) for the July-September quarter, which was in line with earlier guidance.\n“Looking ahead, Samsung Electronics expects profit to decline in the fourth quarter amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics,” the company said in a statement.\nShares of Sony surged in Tokyo on Thursday, a day after the Japanese electronics giant raised its annual profit forecast.\nSony shares in Japan were up 6.69% on Thursday even though Japan’s border index, the Nikkei 225, fell 0.37% on the day.,\nOn Wednesday, Sony raised its forecast for its annual operating income by 13% to 700 billion yen (approximately $6.7 billion). It came as the firm announced an operating profit of about 317.8 billion yen (around $3.04 billion) for the three months ended September 30.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• EUR/USD Daily Forecast – U.S. Dollar Tries To Continue Its Upside Move\n• USD/JPY Fundamental Daily Forecast – One-Week Yen Volatility Against Dollar Jumps to Seven Month High\n• Trading Currencies: Waiting for a Blue Wave or Status Quo?\n• It’s Still Too Early To Buy Bitcoin?\n• COVID-19, Economic Data, the ECB, and U.S Politics to Keep the Markets Busy\n• Oil Price Fundamental Daily Forecast – Down on Growing Concerns Over Global Oil Supply Glut', 'Under a week into the US election and there is also already a statistic that is standing out. Early voting in the US has reached 50.2% of the total vote cast in 2016. That puts the 2020 election on track for the highest ballots cast in US history. If a winner can be announced on Tuesday, it should be decisive, however nothing is assured in the lead-up to this election.\nThe volatility index (VIX), also known as Wall Street’s fear index, has been on the rise and it surged to above 40 on Thursday, which is its highest level since June. It is obvious that the US election uncertainty is adding pressure to the markets.Volatility is likely to be high and market gaps might appear.\nCurrently, the election is creating a very short-term ‘nervous lull’ in currencies as seen by the soft ranges in the USD.\nEUR/USDis holding between $1.1796 and $1.1839 despite COVID issues flaring in France, Italy and now Germany. Further shutdowns and possible cuts to workforce and social interaction heading to the winter months is a daunting prospect for the already faltering European economy. The analyst team at Rabobank predicts that there is “risk of a dip to 1.16 in three months”. The pair has some real headwind risks coming in the next 8-10 weeks.\nGBP/USDcontinues to rise now above $1.30. This is despite the fact that Brexit is becoming a huge risk for the pair and that the UK is bordering on having to enact strict stage 3 lockdowns for a second time this year.Receive the latest updates on world news for your trades.\nAUD/USDtoo has been rangebound, holding between $0.7110 and $0.7160. There is an array of data due out this week that might move the dial here. But the reaction to the CPI released on Wednesday was next to nothing falling 10 pips even with a better read than expected. The pair is waiting for the RBA next Tuesday where it is expected the RBA will enter the quantitative easing market.\n• Nov 3 (Tuesday) 14:30 (GMT +11) – RBA Interest Rate Decision\n• Nov 4 (Wednesday) All Day (GMT +11) – Presidential Election\n• Nov 5 (Thursday) 23:00 (GMT +11) – BoE Interest Rate Decision\n• Nov 6 (Friday) 06:00 (GMT +11) – Fed Interest Rate Decision\nThis article is prepared by Lucia Han from Mitrade and is for reference only. We do not represent that the material provided here is accurate, current or complete. The article content neither takes into account your personal investment objects nor your financial situation, and therefore it should not be relied upon as such. You should seek for your own advice.\nThisarticlewas originally posted on FX Empire\n• Tips On How To Trade The Currency Pair EUR/GBP\n• GBP/USD Daily Forecast – Attempt To Settle Back Above 1.3000\n• Natural Gas Price Fundamental Daily Forecast – EIA Expected to Report Lighter-Than-Average Build\n• Asia-Pacific Shares Finish Lower, but Outperform Stateside Markets\n• It’s Still Too Early To Buy Bitcoin?\n• Crude Oil Traders are Wary of a Biden Win', 'Under a week into the US election and there is also already a statistic that is standing out. Early voting in th **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: 2020-10-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $241,012,544,656 - Hash Rate: 107359880.12908652 - Transaction Count: 276070.0 - Unique Addresses: 652778.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries. Of the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold. North and South American mining companyGoldMining Inc.(OTCQX:GLDLF) experienced the greatest increase from July to August, as dollar volume rose 344%.Grayscale Digital Large Cap Fund LLC(OTCQX:GDLC) followed with a 312% monthly increase, whileTrulieve Cannabis Corporation(OTCQX:TCNNF) andGreen Thumb Industries Inc.(OTCQX:GTBIF) increased 163% and 112% respectively. The pattern is hardly a surprise. In an industry buoyed by the fact that many dispensaries were allowed to remain open during quarantine, Trulieve and Green Thumb have been among the best-performing cannabis companies this year. Both companies have seen their shares rise over 300% from the bottom in mid-March. And with the major indexes rising to new all-time highs in the midst of a global pandemic, some investors have sought alternatives to U.S. equities—such as gold and cryptocurrencies. Along with GLDC, theGrayscale Bitcoin Trust(OTCQX:GBTC) andGrayscale Ethereum Classic Trust(OTCQX:ETCG) also saw dollar volume rise 31% and 45% respectively during the month. In all, two of the top three most actively traded securities on OTCQX in July were crypto-related securities from Grayscale, and five of the top 10 are involved in cannabis. The list of the top 10 most active securities for the OTCQX Market is below. Cannabis companies are denoted with an asterisk. [{"Company Name": "Grayscale Bitcoin Trust (BTC)", "Symbol": "GBTC", "Country": "USA", "August Dollar Volume": "$1,862,222,369"}, {"Company Name": "Roche Holding Ltd", "Symbol": "RHHBY", "Country": "Switzerland", "August Dollar Volume": "$786,638,197"}, {"Company Name": "Grayscale Ethereum Trust (ETH)", "Symbol": "ETHE", "Country": "USA", "August Dollar Volume": "$326,284,216"}, {"Company Name": "Trulieve Cannabis Corporation*", "Symbol": "TCNNF", "Country": "USA", "August Dollar Volume": "$249,800,502"}, {"Company Name": "Green Thumb Industries Inc.*", "Symbol": "GTBIF", "Country": "USA", "August Dollar Volume": "$176,435,346"}, {"Company Name": "Curaleaf Holdings Inc.*", "Symbol": "CURLF", "Country": "USA", "August Dollar Volume": "$150,124,518"}, {"Company Name": "Planet 13 Holdings Inc.*", "Symbol": "PLNHF", "Country": "USA", "August Dollar Volume": "$132,887,119"}, {"Company Name": "Danone", "Symbol": "DANOY", "Country": "France", "August Dollar Volume": "$130,110,712"}, {"Company Name": "Cresco Labs Inc.*", "Symbol": "CRLBF", "Country": "USA", "August Dollar Volume": "$104,266,908"}, {"Company Name": "adidas AG", "Symbol": "ADDYY", "Country": "Germany", "August Dollar Volume": "$93,108,125"}] OTCQB On the OTCQB Venture Market,DSG Global Inc(OTCQB:DSGT),GreenPower Motor Company Inc. (OTCQB:GPVRF), andGalaxy Next Generation, Inc.(OTCQB:GAXY) experienced the greatest month-over-month dollar volume increases. The list of the top 10 most active securities for the OTCQB Market is below. [{"Company Name": "CytoDyn Inc.", "Symbol": "CYDY", "Country": "USA", "August Dollar Volume": "$476,197,034"}, {"Company Name": "Galaxy Next Generation, Inc.", "Symbol": "GAXY", "Country": "USA", "August Dollar Volume": "$213,694,808"}, {"Company Name": "Fannie Mae", "Symbol": "FNMA", "Country": "USA", "August Dollar Volume": "$135,240,459"}, {"Company Name": "GreenPower Motor Company Inc.", "Symbol": "GPVRF", "Country": "Canada", "August Dollar Volume": "$97,849,334"}, {"Company Name": "Freddie Mac", "Symbol": "FMCC", "Country": "USA", "August Dollar Volume": "$65,519,497"}, {"Company Name": "Humanigen, Inc.", "Symbol": "HGEN", "Country": "USA", "August Dollar Volume": "$60,266,131"}, {"Company Name": "TOMI Environmental Solutions, Inc.", "Symbol": "TOMZ", "Country": "USA", "August Dollar Volume": "$52,399,841"}, {"Company Name": "TPT Global Tech, Inc.", "Symbol": "TPTW", "Country": "USA", "August Dollar Volume": "$45,060,406"}, {"Company Name": "Vystar Corp.", "Symbol": "VYST", "Country": "USA", "August Dollar Volume": "$44,068,244"}, {"Company Name": "NaturalShrimp Incorporated", "Symbol": "SHMP", "Country": "USA", "August Dollar Volume": "$43,775,621"}] See more from Benzinga • 2 Conferences Are Going Virtual This Month – One On Cannabis And Another Life Sciences • Trading Volume Continues To Increase For A Pair Of Leveraged Oil & Energy ETNs • The Pandemic Is Contributing To Financial Scams, And Generation Z Is Especially Vulnerable © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Thursday, October 29, 2020', 44, '2020-10-29 05:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/', 'jk3arf', [['u/RetardIdiotTrader', 17, '2020-10-29 05:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gagkf9p/', 'I see a cup and handle on my desk.', 'jk3arf'], ['u/VintageRudy', 14, '2020-10-29 05:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gagmmg0/', "It's not arriving at the citadel, it's the dumps we shared along the way", 'jk3arf'], ['u/RetardIdiotTrader', 25, '2020-10-29 06:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gagpier/', 'Those shorts must be terrifying to hold, eh?', 'jk3arf'], ['u/SnowBastardThrowaway', 36, '2020-10-29 08:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gagxeou/', 'A lot of people are surprised that funding and futures premiums remain low or negative despite the bullish price action lately. \n\nI don’t blame them, I’ve seen a few bull markets in my day and it’s certainly not the norm. \n\nI think this is because shorting before the election is the most crowded trade in every market right now. Shorting bitcoin before the election after a petty huge price increase these last two weeks might be the most crowded trade of them all. \n\nIf you agree with me on that, then I guess the question becomes, “Is the election priced in?” If you can answer that question correctly, a fortune awaits.\n\nPersonally, I think everyone and their mother knows the date of the election and the possible outcomes, and I don’t think the Wednesday after the election is gonna be that different than the Monday before it, regardless of who wins, so I think it’s priced in. I think the negative funding rates and premiums support my opinion that’s it’s already priced in and an over crowded trade. \n\nI’m staying long, about 3x, with stop losses scattered every couple hundred bucks below us and my profit target is the moon. With all this shorting, hedging, and profit taking and the price staying high, I think a lot of people won’t get the dip they want, and I think their is a lot of rocket fuel on the sidelines that just might have to buy back in higher, not lower.', 'jk3arf'], ['u/redditM_rk', 23, '2020-10-29 09:26', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gagzo35/', 'There will be a shortage of toilet paper AND bitcoin.', 'jk3arf'], ['u/RoyalVault', 10, '2020-10-29 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gah19a6/', 'Ok I will do the opposite trade. May the best man bankrupt the other', 'jk3arf'], ['u/personalityson', 11, '2020-10-29 11:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gah67df/', 'There is a third option? I have to sit down after reading this', 'jk3arf'], ['u/islandcookies', 13, '2020-10-29 15:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahp02d/', 'We’re in a much better spot now to finally crush through $14k. Lots of shorts piled on over the last 36 hours.', 'jk3arf'], ['u/SsurebreC', 26, '2020-10-29 15:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahpkf3/', "Two pieces of news that hasn't been posted yet:\n\n* [Fidelity Digital Assets Expands Crypto Custody Service to Asia](https://finance.yahoo.com/news/fidelity-digital-assets-expands-crypto-120438193.html)\n * Fidelity Digital Assets wing (started two years ago) is bringing cryptocurrency assets with a partnership with Stack Funds (Singapore). The assets will have monthly audits and will be insured.\n* [FTX Launches Bitcoin Pairs for Top Stocks Like Amazon, Apple and Tesla](https://finance.yahoo.com/news/ftx-launches-bitcoin-pairs-top-093007591.html)\n * First of a kind exchange where you can trade stocks like Tesla, Apple, and Amazon against Bitcoin and stablecoins. Similar to BTC:USD, you'll now have BTC:AMZN.", 'jk3arf'], ['u/4theWlN', 23, '2020-10-29 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahqp3i/', 'bitcoin vs stocks is amazing. people will finally be able to see the bear market all other assets have been in against this deflationary black hole.', 'jk3arf'], ['u/SsurebreC', 14, '2020-10-29 15:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahqto1/', 'I\'m wondering how /r/WallStreetBets will feel about this other than "wow, I can lose money twice as fast!"', 'jk3arf'], ['u/anon2414691', 16, '2020-10-29 15:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahtw8x/', 'My prediction, based on Google Trends data: https://imgur.com/a/0sGcW4k', 'jk3arf'], ['u/DalaiComma', 22, '2020-10-29 15:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahui7p/', 'Oh no, he said new paradigm it’s time to sell.', 'jk3arf'], ['u/levelborn', 17, '2020-10-29 15:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahup95/', 'there are still ppl short from 10-11k in this chat, adding to shorts higher and higher, and on dips! \n\nthis is the info i need to keep my long open. gla.', 'jk3arf'], ['u/nannal', 13, '2020-10-29 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahuvp5/', 'The forbidden words.', 'jk3arf'], ['u/levelborn', 14, '2020-10-29 16:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahx1en/', 'consider possibility you are not smarter than Saylor or Dorsey or as equipped with info to make best investment decisions as they are', 'jk3arf'], ['u/Cadenca', 17, '2020-10-29 16:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gahzkvj/', "I can barely believe what I'm seeing.. DXY pumping like MAD, gold, silver in shambles and Bitcoin unable to dump past 13k... damn shit son", 'jk3arf'], ['u/onguito', 18, '2020-10-29 16:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gai2aya/', 'Today, a friend of mine, who always laughed at me for buying BTC and crypto, called to ask how he could buy some.\n\ninteresting.', 'jk3arf'], ['u/satoshisbitcoin', 19, '2020-10-29 17:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gai3se0/', 'After setting a record for longest period of time above $10k, bitcoin now looks that it wants to set a record for longest period of time above $13k', 'jk3arf'], ['u/CONTROLurKEYS', 10, '2020-10-29 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gai67mb/', 'daily close is the measure', 'jk3arf'], ['u/hypn0t04d', 13, '2020-10-29 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gai690k/', "tell him to buy XRP. he'll fit right in.", 'jk3arf'], ['u/olibln', 12, '2020-10-29 17:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gai6lby/', "Also, it's way cheaper /s", 'jk3arf'], ['u/ThoseGelInsertThings', 12, '2020-10-29 17:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/jk3arf/daily_discussion_thursday_october_29_2020/gai7tf2/', "Just some random observations on sentiment that don't necessarily have any bearing on anything other than fun discussion.\n\nI could be wrong, but I see so much enthusiasm for creeping back towards previous ATH here on this forum. Which is normal and great and everything. But around this same time in 2016 - when the same amount of time had passed since that previous bear market's bottom - there wasn't all that much enthusiasm. And the price was at almost exactly the same ratio of *that* previous ATH at that point in 2016 (if that makes sense). It was a relatively subtle rise back towards $1100.00 in the winter of 2016 - early 2017, and Bitcoin really wasn't on the public's radar.\n\nIf you can't see what's happening here - if you can't see that this is the start of the next bull run - I get it. Be it from being burned because you bought the back side of the top of the bubble in 2018 and you're skeptical or whatever...but... 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 to USD, rose by 1.39% on Thursday. Partially reversing a 2.63% slide from Wednesday, Bitcoin ended the day at $13,450.0. It was a mixed start to the day. Bitcoin rose to a mid-morning high $13,314.0 before hitting reverse. Falling short of the first major resistance level at $13,766, Bitcoin slid to a mid-day intraday low $12,972.0. Steering clear of the first major support level at $12,842, Bitcoin rose to a late afternoon intraday high $13,629.0. Coming up short of the first major resistance level at $13,766, however, Bitcoin eased back to end the day at sub-$13,500 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Thursday. Crypto.com Coin rose by 0.67% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Polkadot tumbled by 8.20% to lead the way down. Binance Coin (-1.60%), Bitcoin Cash SV (-2.09%), Cardano’s ADA (-3.45%), Chainlink (-1.69%), Litecoin (-1.56%), and Ripple’s XRP (1.29%) also struggled. Bitcoin Cash ABC (-0.55%) and Ethereum (-0.25%) saw relatively modest losses on the day. In current the week, the crypto total rose to a Tuesday high $410.31bn before falling to a Wednesday low $377.69bn. At the time of writing, the total market cap stood at $392.30bn. Bitcoin’s dominance fell to a Monday low 61.54% before rising to a Friday morning high 63.64%. At the time of writing, Bitcoin’s dominance stood at 63.55%. This Morning At the time of writing, Bitcoin was down by 0.28% to $13,414.0. A mixed start to the day saw Bitcoin rise to an early morning high $13,453.6 before falling to a low $13,325.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. Binance Coin (+0.51%) and Polkadot (+0.69%) bucked the trend early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, \xa0Cardano’s ADA was down by 0.78% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,351 to bring the first major resistance level at $13,729 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $13,629.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,000 before any pullback. The second major resistance level sits at $14,008. Failure to avoid a fall through the $13,351 pivot would bring the first major support level at $13,702 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,694. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – October 30th, 2020 Crude Oil Price Forecast – Crude Oil Markets Test Major Support GBP/JPY Price Forecast – British Pound Gets Hammered Again S&P 500 Price Forecast – Stock Markets Stabilize Gold Price Forecast – Gold Markets Looking for Support Twitter At 5-Year High Ahead Of Earnings', 'Bitcoin, BTC to USD, rose by 1.39% on Thursday. Partially reversing a 2.63% slide from Wednesday, Bitcoin ended the day at $13,450.0. It was a mixed start to the day. Bitcoin rose to a mid-morning high $13,314.0 before hitting reverse. Falling short of the first major resistance level at $13,766, Bitcoin slid to a mid-day intraday low $12,972.0. Steering clear of the first major support level at $12,842, Bitcoin rose to a late afternoon intraday high $13,629.0. Coming up short of the first major resistance level at $13,766, however, Bitcoin eased back to end the day at sub-$13,500 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Thursday. Crypto.com Coin rose by 0.67% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Polkadot tumbled by 8.20% to lead the way down. Binance Coin (-1.60%), Bitcoin Cash SV (-2.09%), Cardano’s ADA (-3.45%), Chainlink (-1.69%), Litecoin (-1.56%), and Ripple’s XRP (1.29%) also struggled. Bitcoin Cash ABC (-0.55%) and Ethereum (-0.25%) saw relatively modest losses on the day. In current the week, the crypto total rose to a Tuesday high $410.31bn before falling to a Wednesday low $377.69bn. At the time of writing, the total market cap stood at $392.30bn. Bitcoin’s dominance fell to a Monday low 61.54% before rising to a Friday morning high 63.64%. At the time of writing, Bitcoin’s dominance stood at 63.55%. This Morning At the time of writing, Bitcoin was down by 0.28% to $13,414.0. A mixed start to the day saw Bitcoin rise to an early morning high $13,453.6 before falling to a low $13,325.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. Binance Coin (+0.51%) and Polkadot (+0.69%) bucked the trend early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, \xa0Cardano’s ADA was down by 0.78% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,351 to bring the first major resistance level at $13,729 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $13,629.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,000 before any pullback. The second major resistance level sits at $14,008. Failure to avoid a fall through the $13,351 pivot would bring the first major support level at $13,702 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,694. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – October 30th, 2020 Crude Oil Price Forecast – Crude Oil Markets Test Major Support GBP/JPY Price Forecast – British Pound Gets Hammered Again S&P 500 Price Forecast – Stock Markets Stabilize Gold Price Forecast – Gold Markets Looking for Support Twitter At 5-Year High Ahead Of Earnings', "Traders on the cryptocurrency exchange desk\xa0FTX will be able to buy and sell tokenized shares of over a dozen large companies against Bitcoin and other stablecoins, CoinDeskreportedThursday.\nWhat Happened: Tesla Inc(NASDAQ:TSLA),Apple Inc(NASDAQ:AAPL), andAmazon.com, Inc(NASDAQ:AMZN) are some of the stocks that can be traded on FTX’s platform.\nThe exchange’s fractional stocks offering means that traders can purchase tokens equivalent to\xa0a fraction of a stock at a time, FTX CEO Sam Bankman-Fried told CoinDesk.\n“These fractional stock products reflect the reality that today’s traders are industry and sector spanning and want trading opportunities that fully match their interests and mindset,” said Bankman-Fried.\nWhy It Matters:Bankman-Fried said that the tokens are aimed at those investors who find it difficult or inconvenient to access traditional markets,reportsBloomberg.\nWhile investors can trade the tokens on the exchange, they will need to cash them for the underlying security through FTX’s German partner CM Equity, which will hold the actual securities, the CEO said.\nA trading fee\xa0is applicable but no other management fee will be levied for holding the tokens, an FTX spokesperson told Bloomberg.\nUnited States residents and those in other restricted jurisdictions will not be able to trade the tokens.\nPrice Action:Bitcoin traded 0.48% lower at $13,204.21 at press time.\nRelated Links:\nInstitutional Investors Drive Grayscale's Cryptocurrency Q3 Inflows Above $1B\nPayPal Brings Bitcoin Trading To Account Holders, Merchants\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Tesla Supplier LG Chem To Spin-Off Battery Business In December: Report\n• New Zealand Says No To Legalizing Cannabis For Personal Use\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Traders on the cryptocurrency exchange desk\xa0FTX will be able to buy and sell tokenized shares of over a dozen large companies against Bitcoin and other stablecoins, CoinDesk reported Thursday. What Happened: Tesla Inc (NASDAQ: TSLA ), Apple Inc (NASDAQ: AAPL ), and Amazon.com, Inc (NASDAQ: AMZN ) are some of the stocks that can be traded on FTX\x92s platform. The exchange\x92s fractional stocks offering means that traders can purchase tokens equivalent to\xa0a fraction of a stock at a time, FTX CEO Sam Bankman-Fried told CoinDesk. \x93These fractional stock products reflect the reality that today\x92s traders are industry and sector spanning and want trading opportunities that fully match their interests and mindset,\x94 said Bankman-Fried. Why It Matters: Bankman-Fried said that the tokens are aimed at those investors who find it difficult or inconvenient to access traditional markets, reports Bloomberg. While investors can trade the tokens on the exchange, they will need to cash them for the underlying security through FTX\x92s German partner CM Equity, which will hold the actual securities, the CEO said. A trading fee\xa0is applicable but no other management fee will be levied for holding the tokens, an FTX spokesperson told Bloomberg. United States residents and those in other restricted jurisdictions will not be able to trade the tokens. Price Action: Bitcoin traded 0.48% lowe **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: 2020-10-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $248,889,335,350 - Hash Rate: 110342099.02156112 - Transaction Count: 268364.0 - Unique Addresses: 635998.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / September 11, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . Contact: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/605814/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): [['u/Samson1978', 'What makes you so sure about bitcoin price going up?', 10, '2020-10-30 00:36', 'https://www.reddit.com/r/Bitcoin/comments/jklkhd/what_makes_you_so_sure_about_bitcoin_price_going/', 'Serious question. I understand the significance of blockchain technology and how a decentralized financial and record keeping system could change the world.\nMy question is what makes you so sure that in a year or so the price of bitcoin wont be lower than what it is now? Lets not act like that we would be this interested without the financial incentive. \nWhy wouldnt the government ban it? Why wouldnt it just fizzle out or another coin take over? \nThese are question I myself have but also are questions i keep running into. What do you guys say to that?', 'https://www.reddit.com/r/Bitcoin/comments/jklkhd/what_makes_you_so_sure_about_bitcoin_price_going/', 'jklkhd', [['u/TheGreatMuffin', 24, '2020-10-30 00:44', 'https://www.reddit.com/r/Bitcoin/comments/jklkhd/what_makes_you_so_sure_about_bitcoin_price_going/gajqr26/', '> My question is what makes you so sure that in a year or so the price of bitcoin wont be lower than what it is now? \n\nThere is no guarantees to that and anyone promising any kind of price levels in the future is most likely a charlatan. \n\n> Why wouldnt the government ban it? \n\nA few reasons: \n\n* it\'s very very hard to enforce (sure you can ban on/off-ramps, but it\'s almost impossible to ban popular open source software; also it\'s non-physical and tough to confiscate or to surveil, if held/transacted "properly") \n\n* too many businesses, HNWI (High Net Worth Individuals), politicians, lobbyists etc are already involved \n\n* banning bitcoin directly is very much against govermental interests, because almost every government of the world is in direct or indirect competition with other countries\' governments, and "exploiting" bitcoin for their own interests is just more enticing than to outright ban it. It\'s like ban a tech industry: other countries will take advantage of it and you ultimately lose out. \n\nNow, that obviously doesn\'t mean that governments won\'t try to control it in other ways (I\'m very sure they\'ll try), but straight bans I don\'t see, at least not by 1st world governments. \n\n> Why wouldnt it just fizzle out or another coin take over? \n\nIt\'s been 12 years of competition with other coins... This argument is getting old, very literally. Sure, there are no guarantees regarding the future, but it just doesn\'t seem likely at all. Cryptography/cryptocurrencies involve trade offs, and bitcoin makes some hard trade offs in usability, speed, costliness etc, but it\'s not like those are simple things to solve **without** making other trade offs. \n\nA kinda silly but perhaps effective analogy: a tank is slow, clunky tech with limited usecases. But it has very special advantages. If you need it quick and cheap and easy, a tank is probably not the best solution; you probably would prefer a bicycle or a regular car. But if you need it secure, unstoppable and safe, you have to live with the trade offs a tank has to make by its design. It won\'t be quick or easy like a car, but if you want to go into a battle or an adversarial scenario, you surely don\'t want to be driving a car... Or a bicycle. \n\nedit: here\'s an excellent list of resources with posts/articles on the fundamental trade offs bitcoin makes and why those trade offs are important for the security/decentralization of the network: https://gist.github.com/chris-belcher/a8155df5051bb3e3aa96', 'jklkhd']]], ['u/jtoomim', 'BCHN MR !746 merged: Faster transaction relay', 109, '2020-10-30 02:58', 'https://www.reddit.com/r/btc/comments/jknz9k/bchn_mr_746_merged_faster_transaction_relay/', "[MR 746](https://gitlab.com/bitcoin-cash-node/bitcoin-cash-node/-/merge_requests/746\n) is a relatively simple code change, but it has important implications for BCH's UX and scalability.\n\ntl;dr: BCHN will now by default relay transactions 10x faster than before. This will make BCHN's transaction relay much faster than ABC, though not as fast as BU. On the flip side, BCHN will require more bandwidth than ABC at low transaction throughput rates, but less than BU. BCHN has also added the `-txbroadcastinterval` command-line option to allow node operators to configure this behavior more precisely.\n\n# Background on `inv` message batching\n\nThe inv messages for transactions are responsible for the vast majority of a node's total network traffic, since inv messages are sent per peer regardless of whether that peer needs the transaction or not. If a node is sending one inv per tx per peer, and the node has 50 peers, that results in about `120 bytes/tx/peer * 50 peers = 6000 bytes` of network traffic per transaction, or roughly 6x as much traffic as is required for receiving and sending the transaction itself (assuming a typical 500 byte transaction). In this scenario, about 2/3 of the traffic is actually protocol overhead -- mostly TCP/IP overhead, but also bitcoin p2p protocol overhead. This overhead can be mitigated with batching. Using IPv4, inv messages take up about `80 + 40n` bytes per message, where n is the number of transaction hashes being sent. This means that batching behavior can reduce the average traffic per peer per tx from around 120 bytes (for a batch size of 1) to around 44 bytes (for a batch size of 10). The way to achieve large batch sizes is to have a wait time before sending each tx inv to allow extra txs to be ready in each transmission. A batch size of 10 can be achieved with 20 tx/sec and an average wait time of 2 sec, for example.\n\nIf the wait time is mismatched with the transaction throughput rate, it can result in an increase in transaction propagation time without any substantial improvement in bandwidth efficiency. For example, the transaction throughput rate is currently about 0.25 tx/sec. If the wait time is 1 sec, then the typical`inv` message will contain only 1 tx hash. If the wait time is increased to 2 sec, then the typical `inv` message will *still* contain only 1 tx hash. That extra second of delay would make a difference in batch size if the transaction throughput rate were 1 tx/sec, but it makes almost no difference at 0.25 tx/sec.\n\nOn the other hand, delays like this will significantly slow down transaction propagation, and will adversely affect UX. A delay of 2 seconds per connection with 20 connections means that a node will broadcast an inv to one peer every 100 ms on average. This delay, coupled with the natural network ping times of ~100 ms, and the 1.5 round-trip time (RTT) communication needed to send a tx, means that the number of nodes who have a transaction will double roughly every (100 ms + 150 ms) = 250 ms if all network nodes used a 2 second delay with 20 peers. If the network is comprised of 8192 nodes, it would take around 3.25 seconds for a transaction to propagate through the full netowrk. This worsens BCH's UX by making transactions feel slower in 0-conf mode, and gives a much larger time window for double-spends than is desirable. Shorter delays before broadcasting `inv` messages mean a better experience for BCH users, and slightly better 0-conf security.\n\n# Changes in !746\n\nWith !746, BCHN makes two major changes:\n\n1. The default behavior for BCHN will be to wait an average of 500 ms between `inv` broadcasts, rather than 5000 ms. Furthermore, this value can be configured at the command-line with the `-txbroadcastinterval=<ms>` command-line option. Lower values (shorter delays) can accelerate transaction propagation; higher values (longer delays) can reduce upstream traffic for your node and downstream traffic for your node's peers. As before, this value halved for outgoing connections: with the default value of `-txbroadcastinterval=500`, BCHN will make on average one batched broadcast every 500 ms on incoming connections, and one every 250 ms on outgoing connections.\n\n2. BCHN also adds a new option to configure the maximum *throughput* for `inv` announcement messages: `-txbroadcastrate=<tx/sec/MB>`. The default value for this option is the same as before: for each 1 MB of the block size limit, BCHN will allow 7 tx/sec on incoming connections (14 tx/sec/MB on outgoing connections). The default setting of 7 allows for up to `7 tx/sec/MB * 32 MB = 224 tx/sec` of announcement throughput on incoming connections, or 448 tx/sec on outgoing connections. This allows a maximum-sized block (e.g. 32 MB) to be filled with 238-byte average sized transactions in 600 seconds via an incoming connection, or 300 seconds via an outgoing connection. Larger transaction sizes will result in less time being needed to reliably fill blocks. Most users will not need to touch this setting, as the default value is reasonable for most use cases. This limit provides protection against spam attacks while still allowing normal network operation to reliably fill blocks. However, modifying this setting can be useful in some circumstances, such as during stress tests, or for severely bandwidth-constrained applications. Users who are doing stress testing may wish to set this value very high in order to delimit tx broadcasting (e.g. `-txbroadcastrate=9999999`). Users with non-Starlink-based satellite internet (e.g. slow upstream, fast downstream) may wish to experiment with setting this to zero (i.e. `-txbroadcastrate=0`) to avoid relaying transactions, as an alternative to `-blocksonly` mode.\n\n# Comparison to other nodes\n\nBitcoin ABC and [Bitcoin Core](https://github.com/bitcoin/bitcoin/blob/master/src/net_processing.cpp#L126) use an average delay of 5 seconds between broadcasts, which makes batching start at around 0.2 tx/sec. [Bitcoin Unlimited](https://gitlab.com/bitcoinunlimited/BCHUnlimited/-/blob/dev/src/net.cpp#L2579) uses a delay of about 10 ms, so BU's batching begins at around 100 tx/sec. BCHN will now default to using a delay of about 500 ms, or b... 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 to USD, rose by 0.88% on Friday. Following on from a 1.39% gain on Thursday, Bitcoin ended the day at $13,568.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $13,673.0 before hitting reverse. Falling short of the first major resistance level at $13,729, Bitcoin slid to a mid-morning intraday low $13,120.0 Steering clear of the first major support level at $13.072, Bitcoin rose to a late afternoon high $13,673.0 before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was bearish day on Friday. Binance Coin and Crypto.com Coin slid by 4.52% and by 5.88% to lead the way down. Bitcoin Cash SV (-2.30%), Cardano’s ADA (-1.92%), Chainlink (-1.65%), Ethereum (-1.22%), Litecoin (-1.55%), and Ripple’s XRP (-1.36%) also struggled. Bitcoin Cash ABC (-1.06%) and Polkadot (-0.33%) saw relatively modest losses on the day. In current the week, the crypto total fell to a Wednesday low $377.69bn before striking a Friday high $585.96. At the time of writing, the total market cap stood at $394.82bn. Bitcoin’s dominance rose to a Friday high 64.16% before sliding to a Saturday low 43.18%. At the time of writing, Bitcoin’s dominance stood at 63.90%. This Morning At the time of writing, Bitcoin was up by 0.38% to $13,619.0 A mixed start to the day saw Bitcoin fall to an early morning low $13,525.0 before rising to a high $13,649.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. Cardano’s ADA (-0.05%) and Crypto.com Coin (-1.18%) bucked the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Litecoin was up by 1.35% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,454 to bring the first major resistance level at $13,787 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $13,700 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,000 before any pullback. The second major resistance level sits at $14,007. Failure to avoid a fall through the $13,454 pivot would bring the first major support level at $13,234 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$13,000 levels. The second major support level sits at $12,901. This article was originally posted on FX Empire More From FXEMPIRE: Who Do You Choose, Gold? Trump or Biden? Gold Price Prediction – Prices Rebound Despite a Rising Greenback S&P 500 Weekly Price Forecast – Stock Markets Get Hammered E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Big Test for Bulls at 10917.50 – 10557.25 S&P 500 Price Forecast – Stock Markets Continue to Test Support Natural Gas Weekly Price Forecast – Continue Massive Drive Higher', 'Bitcoin, BTC to USD, rose by 0.88% on Friday. Following on from a 1.39% gain on Thursday, Bitcoin ended the day at $13,568.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $13,673.0 before hitting reverse. Falling short of the first major resistance level at $13,729, Bitcoin slid to a mid-morning intraday low $13,120.0 Steering clear of the first major support level at $13.072, Bitcoin rose to a late afternoon high $13,673.0 before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was bearish day on Friday. Binance Coin and Crypto.com Coin slid by 4.52% and by 5.88% to lead the way down. Bitcoin Cash SV (-2.30%), Cardano’s ADA (-1.92%), Chainlink (-1.65%), Ethereum (-1.22%), Litecoin (-1.55%), and Ripple’s XRP (-1.36%) also struggled. Bitcoin Cash ABC (-1.06%) and Polkadot (-0.33%) saw relatively modest losses on the day. In current the week, the crypto total fell to a Wednesday low $377.69bn before striking a Friday high $585.96. At the time of writing, the total market cap stood at $394.82bn. Bitcoin’s dominance rose to a Friday high 64.16% before sliding to a Saturday low 43.18%. At the time of writing, Bitcoin’s dominance stood at 63.90%. This Morning At the time of writing, Bitcoin was up by 0.38% to $13,619.0 A mixed start to the day saw Bitcoin fall to an early morning low $13,525.0 before rising to a high $13,649.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. Cardano’s ADA (-0.05%) and Crypto.com Coin (-1.18%) bucked the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Litecoin was up by 1.35% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,454 to bring the first major resistance level at $13,787 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $13,700 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,000 before any pullback. The second major resistance level sits at $14,007. Failure to avoid a fall through the $13,454 pivot would bring the first major support level at $13,234 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$13,000 levels. The second major support level sits at $12,901. This article was originally posted on FX Empire More From FXEMPIRE: Who Do You Choose, Gold? Trump or Biden? Gold Price Prediction – Prices Rebound Despite a Rising Greenback S&P 500 Weekly Price Forecast – Stock Markets Get Hammered E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Big Test for Bulls at 10917.50 – 10557.25 S&P 500 Price Forecast – Stock Markets Continue to Test Support Natural Gas Weekly Price Forecast – Continue Massive Drive Higher', 'Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism,subscribe today.As Joe Biden and Donald Trump make their final plea for votes, they’re visiting battleground states with sharply different economic realities.Case in point: While the unemployment rate in September in Iowa sits at 4.7%, Nevada has a jobless rate of 12.6%. Nationally, thejobless rate is at 7.9%.\nTrump has a54% chance of taking Iowa, while Biden has a90% chance of getting a win in Nevada, according to FiveThirtyEight. But just because a state is doing better economically doesn’t mean it’s favored for Trump. The results are all over the broad. Nate Silver’s poll aggregator gives Trump the edge in two battleground states with higher jobless rates, Ohio (8.4%) and Texas (8.3%). While some states with lower jobless rates, in particular, Wisconsin (5.4%) and Minnesota (6.0%),are currently projected to go for Biden.\nHow did these economies get so divided?\nA lot of it boils down to what types of jobs make up the state’s economy. Look no further than tourism-heavy Nevada which saw its jobless rate soar from 3.8% in February to a staggering 30.1% in April. While Nevada has since improved to a 12.6% jobless rate, it will struggle to fully recover until Las Vegas tourism business has returned to normal—something that is unlikely to happen until the pandemic is under control.\nThe economies in industrial Midwestern states were hard hit in the spring when factories saw their production lines halt. They’ve yet to fully dig themselves out of the mess. The unemployment rates in Ohio (8.4%), Pennsylvania (8.1%), and Michigan (8.5%) are all above the national 7.9% figure. FiveThirtyEight gives Trump a55%chance of carrying Ohio, but in Pennsylvania and Michigan that chance is just14%and4%, respectively.\nThe recovery is much more swift in rural Midwestern states with heavy agricultural economies—which have rebounded relatively quickly. The jobless rate in Minnesota surged from 3.1% in February to 9.9% in May at the height of shutdowns. But as the state reopened its economy over the summer, it fell to 6.0% as of September. But that recovery is hardly aiding Trump in the polls: Biden has a93% chance of carrying Minnesota.\nAnd it isn’t just battleground states. The highest jobless rates can be found in Hawaii (15.1%), Nevada (12.6%), and California (11%). The lowest are in Nebraska (3.5%), South Dakota (4.1%), and Vermont (4.2%).\nIt might take years for these high unemployment economies to fully rebound. Overall U.S. employment rose by 661,000 in September, bringing the total number of jobs added since May to 11.4 million,according to the U.S. Bureau of Labor Statistics‘ Friday jobs report. But that marks a downshift from the 1.5 million jobs added in August and 1.8 million added in July. If the U.S. continued to add 661,000 jobs per month, it would take 16 months to reach pre-pandemic employment levels.\n• Chobani and PayPal are paying workers more—and rethinking capitalism\n• When it comes to climate change, says Mark Carney,this financial crisis is different—and maybe better\n• Ray Dalio on whyChinese capitalism is on the rise—and why American capitalism is in desperate need of a fix\n• Microsoft’s cloudcould be a bit foggy for the next quarter\n• Coinbase launchescrypto debit cardin U.S. with 1% Bitcoin reward\nThis story was originally featured onFortune.com', 'Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today . As Joe Biden and Donald 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: 2020-10-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $248,889,335,350 - Hash Rate: 112330244.94987756 - Transaction Count: 275796.0 - Unique Addresses: 613906.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Gold markets rallied a bit during the trading session on Tuesday, but gave back the gains as we reached towards the $1980 level, and perhaps even more importantly, the downtrend line from the triangle that we are in. By falling the way, we have, it does suggest that we are still stuck in this range, and quite frankly with the US dollar strengthening during the day, this makes quite a bit of sense. Looking at this chart, it is obvious that the $2000 level will, some issues, and I think it is only a matter of time before we will possibly attempt to get there again. However, the short term it does not look like we are ready to do so, as we are simply consolidating. Gold Price Predictions Video 16.09.20 Looking at the 50 day EMA underneath at the $1920 level, we should see plenty of support. At this point, we also have the $1900 level underneath backing up this area as support, so that is also something to pay attention to. If we break down below the $1900 level, then the $1800 level comes in the play, which is structurally supportive and could also features the 200 day EMA by the time we get down there. Because of this, it is certainly worth paying quite a bit of attention to these levels, if we get some type of bounce in any of these three specific points on the chart, we could be looking at a nice opportunity to turn around and start buying again. This will be especially true if the US dollar starts to fall again. However, if the US dollar strengthens longer-term, gold could find itself in trouble. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin Breakout While Ethereum Consolidates Silver Price Forecast – Silver Markets Struggle at The Same Level Natural Gas Price Forecast – Natural Gas Bounce from 50 Day EMA EUR/USD Price Forecast – Euro Struggling at Same Level USD/JPY Price Forecast – US Dollar Get Hammered Against Japanese Yen Fiat Chrysler Shares Jump Over 12% on PSA Merger Deal Revision... - 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, BTC to USD, rose by 1.62% on Saturday. Following on from a 0.88% gain on Friday, Bitcoin ended the day at $13,788.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $13,425.0 before making a move.\nSteering clear of the first major support level at $13,234, Bitcoin rallied to a late morning intraday high $14,055.0.\nBitcoin broke through the first major resistance level at $13,787 and the second major resistance level at $14,007.\nA pullback going into the afternoon saw Bitcoin fall back to sub-$13,600 levels before finding support.\nRange-bound through the 2ndhalf of the day, however, the first major resistance level at $13,787 pinned Bitcoin back.\nThe near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCrypto.com Coin (-0.47%) and Cardano’s ADA (-0.49%) saw red to buck the trend on the day.\nIt was a bullish day for the rest, however, with Litecoin rallying by 3.18% to lead the way.\nBitcoin Cash SV (+1.84%), Chainlink (+1.32%), and Ethereum (+1.04%) also found relatively strong support.\nBinance Coin (+0.15%), Bitcoin Cash ABC (+0.25%), Polkadot (+0.77%), and Ripple’s XRP (+0.29%) saw relatively modest gains on the day.\nIn current the week, the crypto total market cap fell to a Wednesday low $377.69bn before striking a Saturday high $604.34. At the time of writing, the total market cap stood at $402.37bn.\nBitcoin’s dominance slid to a Saturday low 43.21% before bouncing back to a Saturday high 64.19%. At the time of writing, Bitcoin’s dominance stood at 64.01%.\nAt the time of writing, Bitcoin was down by 0.01% to $13,787.0. A mixed start to the day saw Bitcoin fall to an early morning low $13,708.0 before rising to a high $13,795.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day with Binance Coin falling by 0.22% to buck the trend.\nIt was a relatively bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 0.78% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $13,756 to bring the first major resistance level at $14,087 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $14,055.\nBarring an extended crypto rally, the first major resistance level and resistance at $14,100 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $14,400 before any pullback. The second major resistance level sits at $14,386.\nFailure to avoid a fall back through the $13,756 pivot would bring the first major support level at $13,457 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,400 levels. The second major support level sits at $13,126.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – The Presidential Election, COVID-19, and Brexit to Drive the Markets\n• Natural Gas Price Prediction – Prices Rise as a New Storm Enters the Caribbean\n• European Equities: A Month in Review – October 2020\n• European Equities: A Week in Review – 30/10/20\n• US Stock Market Overview – Stocks Drop Led Down by Technology\n• Natural Gas Weekly Price Forecast – Continue Massive Drive Higher', 'Bitcoin, BTC to USD, rose by 1.62% on Saturday. Following on from a 0.88% gain on Friday, Bitcoin ended the day at $13,788.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $13,425.0 before making a move. Steering clear of the first major support level at $13,234, Bitcoin rallied to a late morning intraday high $14,055.0. Bitcoin broke through the first major resistance level at $13,787 and the second major resistance level at $14,007. A pullback going into the afternoon saw Bitcoin fall back to sub-$13,600 levels before finding support. Range-bound through the 2 nd half of the day, however, the first major resistance level at $13,787 pinned Bitcoin back. The near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Crypto.com Coin (-0.47%) and Cardano’s ADA (-0.49%) saw red to buck the trend on the day. It was a bullish day for the rest, however, with Litecoin rallying by 3.18% to lead the way. Bitcoin Cash SV (+1.84%), Chainlink (+1.32%), and Ethereum (+1.04%) also found relatively strong support. Binance Coin (+0.15%), Bitcoin Cash ABC (+0.25%), Polkadot (+0.77%), and Ripple’s XRP (+0.29%) saw relatively modest gains on the day. In current the week, the crypto total market cap fell to a Wednesday low $377.69bn before striking a Saturday high $604.34. At the time of writing, the total market cap stood at $402.37bn. Bitcoin’s dominance slid to a Saturday low 43.21% before bouncing back to a Saturday high 64.19%. At the time of writing, Bitcoin’s dominance stood at 64.01%. This Morning At the time of writing, Bitcoin was down by 0.01% to $13,787.0. A mixed start to the day saw Bitcoin fall to an early morning low $13,708.0 before rising to a high $13,795.0 Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day with Binance Coin falling by 0.22% to buck the trend. It was a relatively bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 0.78% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $13,756 to bring the first major resistance level at $14,087 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $14,055. Barring an extended crypto rally, the first major resistance level and resistance at $14,100 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,400 before any pullback. The second major resistance level sits at $14,386. Failure to avoid a fall back through the $13,756 pivot would bring the first major support level at $13,457 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,400 levels. The second major support level sits at $13,126. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – The Presidential Election, COVID-19, and Brexit to Drive the Markets Natural Gas Price Prediction – Prices Rise as a New Storm Enters the Caribbean European Equities: A Month in Review – October 2020 European Equities: A Week in Review – 30/10/20 US Stock Market Overview – Stocks Drop Led Down by Technology Natural Gas Weekly Price Forecast – Continue Massive Drive Higher', 'Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today . Four years ago, Donald Trump became the second presidential candidate after George W. Bush in 2000 to lose the popular vote and take the White House. It\x92s a given that he\x92ll come up short in the national count this time, too. The outcome hinges on Trump\x92s ability to keep that deficit narrow enough to secure a second victory in the electoral college. In 2016, Trump prevailed with a relatively low number of total ballots, because third-party candidates amassed a far higher proportion than in most elections, and Trump got the maximum mileage imaginable from his haul by edging Hillary Clinton by less than a point in no fewer than three electoral vote-rich states, Michigan, Wisconsin, and Pennsylvania. To win reelection, Trump needs to immensely boost his performance in the popular vote. Paul Krishnamurty, a professional political gambler and elections expert for the U.K. betting site Betfair\x96\x96the venue has booked $260 million on the election so far and expects that number to double in the days to come\x96\x96reckons that Trump must raise his 2016 count of 63 million by roughly 11 million, or 17%, to stand a decent chance. That\x92s the net increase required, meaning as of today, Trump must squeeze enough new votes from his white, blue-collar, non\x96college-educated base and groups newly leaning his way to make up for his losses among seniors, independents, and disgruntled Republicans, and still add 10-plus million to his 2016 total. Trump can get part of the way by rallying his hard core of white working-class voters and notching gains with Latinos impressed by his handling of the economy and tough stance on Cuba. \x93He seems to think he can get millions of working-class folks who weren\x92t enthused enough to vote for him the last time, to vote for him this time,\x94 says Krishnamurty. \x93Some of them will, but it won\x92t be nearly enough.\x94 Adds University of Florida professor Michael McDonald, who heads the United States Elections Project, an excellent source for voter turnout data: \x93Trump\x92s main strategy is attempting to make Biden appear unlikable, like Hillary Clinton. But that messaging is not getting through.\x94 Trump can only win by somehow broadening his appeal in the last days of the campaign. He\x92d need to bring home millions of the graying Americans appalled by his management of the COVID crisis, and dampen the suburbanites\x92 surging enthusiasm for Biden. It\x92s unclear that claiming the former VP would undermine Social Security and Medicare, or his law and order message pledging to protect homeowners by quelling violence in the cities, get him anywhere near the giant gains in the popular vote needed for victory. Story continues A major problem for Trump is that a big chunk of the electorate shunned both the Republican and Democratic **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: 2020-11-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $248,889,335,350 - Hash Rate: 124259120.51977606 - Transaction Count: 276280.0 - Unique Addresses: 592197.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Takeaway • Political and social upheaval around the world can lead to internet censorship and interference by powerful actors. • The Open Observatory of Network Interference (OONI) is allowing people around the world to monitor internet censorship and interference in their countries in a decentralized manner for free. • It has created the world’s largest open dataset on internet censorship, with millions of measurements collected from more than 200 countries since 2012. Belarus residents arefighting back against the alleged illegitimate re-electionof leader Alexander Lukashenko, otherwise known as the “last dictator of Europe,” since the election occurred Aug. 9. Lukashenko’s contested victory has led to widespread protests and violence against protestors by the military, and caused Lukashenko’s opponent to flee the country. Amid the protests, which have been ongoing, various parts of the internet were alsoshut down across the countryincluding social networks and message sites such as Telegram and Facebook, as well as some news outlets. Lukashenko has denied shutting down the internet, blaming foreign interference, butfurther reportingsuggests the government is, in fact, responsible. Related:Paxful, Citing Regulations and Its Own 'Risk Tolerance,' Exits Venezuela's P2P Bitcoin Market In anew reportshared exclusively with CoinDesk, the decentralized internet censorship testing network Open Observatory of Network Interference (OONI), found 86 websites were blocked in Belarus in August, including 19 communications platforms such as Telegram and encrypted email services. “These include news media, political opposition, pro-democracy, and election related websites, as well as communication and circumvention tool sites,” the report found. OONI has been working as a global community to document internet censorship and interference since 2012. Using afree and open source software it developed called OONI Probe, the organization has built a “decentralized, citizen-led, Internet censorship observatory.” Itpublishes measurementsin order to develop a public archive on network interference and increase transparency about censorship. The data for the Belarus report, for example, was gathered from OONI probe users on the ground in the country. Withrising authoritarianism around the world, information crackdowns due to COVID-19 and states constantly developing more advanced methods of suppressing information and engaging in censorship, the work OONI and the network using its software are doing has a renewed sense of urgency. Related:Belarus Nonprofit Helps Protestors With Bitcoin Grants Read more:Social Media Bans ‘Highlight the Profound Censorship on Web 2.0’ “A lot of our principles and ideas come from being cypherpunks basically,” said Arturo Filastò, a Rome-based hacker who founded and leads OONI.  “The concept is that we can build tools and technology that empower people to take actions and bring about change. A core concept of that is decentralization and the fact that everybody should be able to use our tool.” Filastò was a hacker from his teen years. In a recent call with CoinDesk over Signal, he made it clear he espoused the ideas of, and aligned himself with, the cypherpunk mentality. The original idea for OONI, which Filastò now describes as more amanifesto than an academic paper, was written while he was still at the Tor Project, which maintains the Tor browser. Filastò said OONI definitely doesn’t want to be a central authority declaring how bad internet censorship is around the world. Rather, they want to empower people to document internet abuse wherever they see it. “We want to build tools that empower anybody who wants to go out and say, ‘Okay, in my country there’s something wrong with respect to how the internet is being filtered and how it’s being interfered with,’” said Filastò. The OONI probes focus not on anecdotal evidence but rather on hard, quantitative data. This approach prevents governments from claiming ignorance when they do, in fact, block something. As a result, OONI has become the world’s largest open dataset on internet censorship with millions of measurements collected from more than 200 countries since 2012. There are tens of thousands of volunteers using it on the ground in authoritarian states such as Iran, Venezuela and Malaysia, according to Filastò. Read more:Activists Document Police Misconduct Using Decentralized Protocol “We intend to apply the scientific method to the realm of network surveillance and filtering detection,”read that initial paper.“In order to ensure reproducibility, all experiments conducted shall be properly documented and all data collected made available to the public in a timely manner. The same observations should be possible to reproduce independently, in line with standard full disclosure practice.” The OONI probe runs a number of preprogrammed tests on the network. A user can decide which ones to run and how extensive they can be. Sometimes a single test can take hours, but tests can also be broken down among a network of users in a country to be run faster. Alternatively multiple devices could be set up to run them. The OONI probe can test a wide array of factors. Read more:‘Radical Indifference’: How Surveillance Capitalism Conquered Our Lives In Belarus,blocking by internet service providers appeared to be implemented during the TLS handshake, which OONI attributes to either Deep Packet Inspection (DPI), an advanced method of tracking and managing traffic on a network, or that all traffic was going through a “proxy that blocks undesired connections,” according to the report. The Server Name Indication (SNI) is seemingly being used to decide whether to block or let connections go through, according to OONI. The SNI is the method through which you’re able to make sure you end up on the proper domain by allowing you to specify it during the TLS handshake, or when a client (your device) and a server acknowledge and verify each other before establishing a connection. It’s not just things like political or media sites that are blocked. Connections to things like virtual privacy networks (VPN) or encrypted email are also often disrupted, as these are the very tools that can be used to circumvent government censorship. Numerous proxies for the encrypted messaging app Telegram served as an organization and communication platform amid the ongoing protests in Belarus, particularly as other parts of the web were shut down. A number of privacy-preserving email providers were also blocked. OONI has a global testing website list, and country-specific lists in collaboration withCitizen Lab, a research group from the University of Toronto that studies the intersection of information and communication technologies, human rights, and global security, as well as other projects to develop metric measurements. The tests are run on the users network and the control to check it is run on an OONI server in a location known not to be facing censorship. Users can also choose what websites, or categories of websites they don’t want to test if they so choose. Filastò said OONI is dedicated to informed consent, and lets users really shape tests how they see fit. Read more:Decentralization and What Section 230 Really Means for Freedom of Speech At a high level, Filastò said when it comes to websites, users test DNS resolution and compare for consistency. A DNS (Domain Name Server) resolution is the system by which an IP address is translated to domain names. “This is a huge rabbit hole; it’s not so trivial as just matching IP addresses because of geolocation, timing, load balancing and a lot of other things,” said Filastò. “I won’t go into details, but the basic tactic is a DNS resolution and then check for consistency.” This helps determine whether they’re consistently reachable or unreachable because tests also want to eliminate the cases in which there are false positives due to the website being down for reasons other than interference or manipulation. Khairil Yusof is the coordinator for the Sinar Project in Malaysia, which started out as a volunteer effort with a few tech activists who were at the Bersih 2.0 pro-democracy rally in 2011. The group’s focus was on open government and civic tech, but under an increasingly authoritarian government they also needed to pay attention to the possibility of online censorship. They started seeing instances of censorship prior to Malaysia’s 2013 general election, and since then it’s only continued. As part of their efforts, Yusof said, they tried to build a monitoring site backed by data and tests. “We ran into problems, and that’s when we discovered that OONI was also working on the same idea and at a global scale,” said Yusof. “It was an open project [that] had done much more research into this, and we were like, ‘Great, let’s work with them and then shift our efforts to working with OONI and the OONI community.’” Read more:Privacy Startup Nym Will Pay You in Bitcoin to Run Its Mixnet Many censorship reports in the media are anecdotal, said Yusof. These anecdotal reports are then used to generate various “Internet Freedom” indices. The problem with anecdotal evidence is that it’s easy to brush off or dismiss by saying, for example, a person’s internet was slow or the site was probably down. The purpose of the Sinar Project is to verify and support anecdotal claims with hard evidence that cannot be refuted. The project focuses both on long-term data collection to track trends as well as on real-time data collection during key events like general elections. “Our testing efforts, for example, allowed us to prove that election results sites were being blocked, and which was later used by journalists to track down the official [government] request to ISPsleading to the resignationof a few people at the Communications and Multimedia Commission (MCMC),” said Yusof. Yusof noted he hasn’t seen any rise in censorship since the onset of the glo... - Reddit Posts (Sample): [['u/RowanSkie', 'Why are people hating George Donelly?', 18, '2020-11-01 01:04', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/', "Like, really, I've been seeing people like Marc De Mesel and Hayden Otto call George as a ticking time bomb to destroy BCH. I mean, it's good that there's suspicion but not this much. He has already created lots of infographs and even has explained in full detail how things are going to work.\n\nI mean, sure, he was part of ABC but right now he isn't, and that should be taken as positive as it means Bitcoin ABC is _shit_ at even getting a PR staying long enough to help them in spreading the stupidly-implemented IFP.\n\nI can understand Youtube takedowns, because it's ABC, but one of the top public investors and Bitcoin BCH's head calling a former-ABC PR as a scam?\n\nThis is just the same level of bullshit Hayden Otto himself receives when suspicious BTC maxis call out he's picking certain information.\n\nGeorge has stated a lot of times (look around his posts here) that he is willing to negotiate, but that doesn't mean he's a mercenary.\n\nIf you guys think George will ruin BCH, then do something about it. Make your own infographs. Make your own posts appreciative of the side you are truly with. Don't immediately call out someone with a shady past to be someone who will destroy BCH.\n\nOr else you guys might as well focus on Roger Ver because he got jailed and voted for BTC.\n\nThe distrust is good, but showing off as pointing accusing fingers? Not much good.", 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/', 'jlsxzw', [['u/MobTwo', 27, '2020-11-01 01:54', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/gar07db/', "I can see why there are some whom are skeptical of him. It happened because of his previous Dash history. And people are right to be skeptical and it is up to George to prove them wrong through his actions.\n\nI think people can remember history very well. For example, I remember when Josh Ellithorpe helped me on the LocalBitcoinCash's login bug. Or when Corbin Fraser helped me on the LocalBitcoinCash's css. These happened 3 years ago. I would not be surprised if others remember George's Dash history as well. I also remember things like when Jonathan Toomim went around hospitals donating medical supplies and helped answer my mining questions. These observations helped me understand people slightly better and when people problems happened, I rely on these memories to make decisions. In fact, it was Marc who alerted me well in advance about Amaury. I remember the whole conversation and which restaurant it took place at. The problem is, I act based on evidence and not claims so while I remember Marc's warning, I didn't act on it (unfortunately). In hindsight, it is easy to see that Marc was absolutely correct about Amaury.\n\nAnd yes, I think people are right to remain cautious of George (due to his Dash history) and it is up to George's actions to prove others wrong. That's why reputation and track record is important. And while it may take years to build up reputation, it can be destroyed in a single day. Don't ask me why but that's how it is.", 'jlsxzw'], ['u/MobTwo', 10, '2020-11-01 02:48', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/gar52za/', 'At that point, I did believe him to be Satoshi. I was wrong. Are people not allowed to make mistakes? I changed my mind when there are evidence showing otherwise.', 'jlsxzw'], ['u/MobTwo', 11, '2020-11-01 03:00', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/gar643q/', "I seen his interviews, Gavin's statement about Craig, the old blog posts (which I now understand to be fake), the interview piece from Andrew O'Hagan, etc. Turns out, I was wrong. Gavin was also wrong. I didn't know people are not allowed to make mistakes or be wrong about someone else.\n\nIt is ironic for someone like you, playing both sides to lecture me about such matters. https://insights.santiment.net/read/is-blockstream's-greg-maxwell-secretly-u_contrarian_%3F-new-drama-engulfs-r%2Fbtc-346?_wc=1\n\nI made mistakes, yes, but at least I have basic ethics and morals.", 'jlsxzw'], ['u/MobTwo', 18, '2020-11-01 03:30', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/gar8qn8/', "I am not the best person to answer this because I don't know the full story. What I do know is that George left Dash not exactly on the best of terms. There were some hostilities involved.\n\nFrom Hayden's perspective, I can also understand why he is pissed. I try to put myself in his shoes. I (as Hayden) go around North Queensland growing adoption for Bitcoin Cash over many months. Then I (as Hayden) started a marketing Flipstarter and it wasn't funded. George just came into Bitcoin Cash recently and his marketing campaign was funded. This seems so unfair. But what Hayden didn't see is that support for a malicious dictator has worked against him this year. Loyalty for a dictator usually doesn't pay off because dictatorships generally don't last very long. There are outliers for sure, like North Korea, but looking at history, most don't last. And a dictator that is willing to burn down Bitcoin Cash for his personal benefit, I am glad such people is out of Bitcoin Cash for good.", 'jlsxzw'], ['u/slowsynapse', 12, '2020-11-01 04:41', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/garenh9/', 'Hayden got more pledges than George did, had he asked for a more reasonable amount he would have been funded immediately. \n\n\nIf Hayden leaves (which he seems adamant to) - I consider that a great loss to Bitcoin Cash. I wish him well in his endeavors.', 'jlsxzw'], ['u/MobTwo', 11, '2020-11-01 04:56', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/garftks/', "> Hayden got more pledges than George did\n\nExactly. I told Hayden that he still has lots of support from the community. But that support will erode along with the dictator whom is willing to burn down the entire ecosystem in order to receive some IFP money into his own pockets.\n\nIn any case, I wish Hayden well. I don't have problems with him even though we disagree on some things.", 'jlsxzw'], ['u/mtrycz', 14, '2020-11-01 06:43', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/garn7kl/', 'What is your contribution to the topic at hand?', 'jlsxzw'], ['u/MemoryDealers', 15, '2020-11-01 07:17', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/garp7qs/', 'Thank you for your efforts George. Lots of us appreciate it.', 'jlsxzw'], ['u/moleccc', 11, '2020-11-01 10:51', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/gas1sgh/', "Everyone can speak for Bitcoin cash. Like falkvinge saying he's the ceo.", 'jlsxzw'], ['u/Marc_De_Mesel', 26, '2020-11-01 11:18', 'https://www.reddit.com/r/btc/comments/jlsxzw/why_are_people_hating_george_donelly/gas3n7u/', 'I\'m warning people about George Donnelly because Bitcoin and Bitcoin Cash have been damaged too much by toxic people climbing the ranks, and taking over the project implementing rent seeking policies reducing growth (BTC onchain transaction limit and high fees to force use their second layer, BSV copyright claims, ABC devtax).\n\n​\n\nThis would not have happened if these people their bad behaviors, of which there is always plenty, were called out earlier in time and as a community block them from climbing the ranks.\n\nSo if you see someone do it, climb the ranks, but there are big red flags of destructive behavior in past or present, you have to speak up, as to slow the person down and inform everyone to not support this person climbing higher.\n\n​\n\nGeorge Donnelly has a past full of conflict with the people he once worked for. For Free State Project he did some voluntary work that was shunned after. For Dash he worked intensively and left in dispute with most of the community, not because he claims to have been honest where Dash was not, but because he burned down the work he had done for them and got payed for by aiming to convert Dash merchants into Bitcoin Cash merchants.\n\nWith BitcoinABC he left a sour taste, and again not because he became more honest than BitcoinABC but because he started working for the other side, thereby destroying all the work he did for them as a once loud supporter of devtax now became loud opposer of devtax, as well as using material that he was payed for to produce, as his own.\n\nMost importantly thou, he chose to work for BitcoinABC and Amaury to market IFP/devtax, when it was already clear how controversial and destructive it would be. And he went full force, spamming this reddit forum constantly with pro IFP propaganda where he even claimed Bitcoin Cash should not be permissionless:\n\n[https://twitter.com/MarcDeMesel/status/1322561558061436929](https://twitter.com/MarcDeMesel/status/1322561558061436929)\n\n​\n\nThis behavior is one of a mercenary. A person who will choose sides, based on who pays the most, not who is right. And will flip sides and turn on his previous employer if the other one pays more or starts losing the battle.\n\nHis objectives in order to raise 300 BCH or so via flipstarter are unrealistic, aiming of onboarding 1 million new users to BCH while he hasn\'t onboarded a single one yet to my knowledge. It\'s a politician\'s and scammer\'s approach to promise the world, and always ends in disappointment. True value creators under promise and over deliver.\n\n​\n\nGeorge Donnelly is a very smart man, understanding concepts well and knows how to communicate them, very socially intelligent, knows how to connect with people and bring them together and has lots of energy, works very hard, hence why he continues ... 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 to USD, slipped by 0.16% on Sunday. Partially reversing a 1.62% gain from Saturday, Bitcoin ended the week up by 5.52% to $13,756.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $13,892.0 before hitting reverse. Falling short of the first major resistance level at $14,087, Bitcoin fell to an early morning intraday low $13,611.0. Steering clear of the first major support level at $13,457, Bitcoin revisited $13,800 levels before easing back into the red. The near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Bitcoin Cash SV (-0.33%) and Litecoin (-0.23%) joined Bitcoin in the red, with Binance Coin ending the day flat. It was a bullish day for the rest of the majors, however. Cardano’s ADA led the way, rallying by 5.49%. Bitcoin Cash ABC (+2.15%), Chainlink (+3.28%), Crypto.com Coin (+1.06%), and Ethereum (+2.63%) also found strong support. Polkadot (+0.99%) and Ripple’s XRP (+0.14%) trailed the front runners, however. For the week, it was a bearish week for the majors. Crypto.com Coin led the way down, sliding by 13.55%. Bitcoin Cash SV (-9.18%), Cardano’s ADA (-7.67%), and Polkadot (-7.53%) also saw heavy losses. Binance Coin (-5.41%), Bitcoin Cash ABC (-1.35%), Chainlink (-4.55%), Ethereum (-2.32%), Litecoin (-5.49%), and Ripple’s XRP (-5.21%) saw relatively modest losses in the week. For the week, the crypto total market cap fell to a Wednesday low $377.68bn before striking a Saturday high $605.88bn. At the time of writing, the total market cap stood at $400.16bn. Bitcoin’s dominance slid to a Saturday low 43.12% before bouncing back to a Sunday high 64.19%. At the time of writing, Bitcoin’s dominance stood at 63.3%. Story continues This Morning At the time of writing, Bitcoin was down by 0.41% to $13,700.0. A mixed start to the day saw Bitcoin rise to an early morning high $13,836.0 before falling to a low $13,700.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day with Crypto.com Coin falling by 1.99% to buck the trend. It was a relatively bullish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was up by 1.42% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $13,753 to bring the first major resistance level at $13,895 back into play. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $13,836.0. Barring an extended crypto rally, the first major resistance level and resistance at $14,000 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $14,034. Failure to move back through the $13,753 pivot would bring the first major support level at $13,614 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,500 levels. The second major support level sits at $13,472. This article was originally posted on FX Empire More From FXEMPIRE: Market Breakdown May Extend Deeper If Support Is Broken USD/JPY Fundamental Weekly Forecast – Traders Increasingly Preparing for Excessive Volatility EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – November 2nd, 2020 The Week Ahead – The Presidential Election, COVID-19, and Brexit to Drive the Markets U.S Mortgage Rates Hold Steady Ahead of Next Week’s Presidential Election The Crypto Daily – Movers and Shakers – November 2nd, 2020', 'Bitcoin, BTC to USD, slipped by 0.16% on Sunday. Partially reversing a 1.62% gain from Saturday, Bitcoin ended the week up by 5.52% to $13,756.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $13,892.0 before hitting reverse.\nFalling short of the first major resistance level at $14,087, Bitcoin fell to an early morning intraday low $13,611.0.\nSteering clear of the first major support level at $13,457, Bitcoin revisited $13,800 levels before easing back into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nBitcoin Cash SV (-0.33%) and Litecoin (-0.23%) joined Bitcoin in the red, with Binance Coin ending the day flat.\nIt was a bullish day for the rest of the majors, however.\nCardano’s ADA led the way, rallying by 5.49%.\nBitcoin Cash ABC (+2.15%), Chainlink (+3.28%), Crypto.com Coin (+1.06%), and Ethereum (+2.63%) also found strong support.\nPolkadot (+0.99%) and Ripple’s XRP (+0.14%) trailed the front runners, however.\nFor the week, it was a bearish week for the majors.\nCrypto.com Coin led the way down, sliding by 13.55%.\nBitcoin Cash SV (-9.18%), Cardano’s ADA (-7.67%), and Polkadot (-7.53%) also saw heavy losses.\nBinance Coin (-5.41%), Bitcoin Cash ABC (-1.35%), Chainlink (-4.55%), Ethereum (-2.32%), Litecoin (-5.49%), and Ripple’s XRP (-5.21%) saw relatively modest losses in the week.\nFor the week, the crypto total market cap fell to a Wednesday low $377.68bn before striking a Saturday high $605.88bn. At the time of writing, the total market cap stood at $400.16bn.\nBitcoin’s dominance slid to a Saturday low 43.12% before bouncing back to a Sunday high 64.19%. At the time of writing, Bitcoin’s dominance stood at 63.3%.\nAt the time of writing, Bitcoin was down by 0.41% to $13,700.0. A mixed start to the day saw Bitcoin rise to an early morning high $13,836.0 before falling to a low $13,700.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day with Crypto.com Coin falling by 1.99% to buck the trend.\nIt was a relatively bullish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 1.42% to lead the way.\nBitcoin would need to move back through the pivot level at $13,753 to bring the first major resistance level at $13,895 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $13,836.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $14,000 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level at $14,034.\nFailure to move back through the $13,753 pivot would bring the first major support level at $13,614 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,500 levels. The second major support level sits at $13,472.\nThisarticlewas originally posted on FX Empire\n• Market Breakdown May Extend Deeper If Support Is Broken\n• USD/JPY Fundamental Weekly Forecast – Traders Increasingly Preparing for Excessive Volatility\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – November 2nd, 2020\n• The Week Ahead – The Presidential Election, COVID-19, and Brexit to Drive the Markets\n• U.S Mortgage Rates Hold Steady Ahead of Next Week’s Presidential Election\n• The Crypto Daily – Movers and Shakers – November 2nd, 2020', "Square Inc (NYSE: SQ )\xa0said Friday it would give out a grant to a designer seeking to simplify cryptocurrency wallets and make them more accessible to less technology-savvy users. What Happened: The San Francisco-based financial technology company's\xa0cryptocurrency unit announced on Twitter that it was making the grant to Maggie Valentine \x97 who is working \x93to simplify wallet onboarding flows by reducing technical jargon and increasing user education.\x94 Maggie\x92s thesis is that bitcoin should be usable by anyone, regardless of technical proficiency. Difficult wallet UX shouldn't determine who benefits from bitcoin. Her plan is to investigate these problems and publish recommendations to make onboarding more user-friendly. \x97 Square Crypto (@sqcrypto) October 30, 2020 Square also shared Valentine\x92s first detailed proposal on social media, where she questions how to create an \x93intuitive experience for non-crypto users while preserving the security of a user\x92s funds.\x94 Why It Matters: The announcement of the grant comes a month after Square announced a million investment in Bitcoin. The Jack Dorsey-led company\xa0had called cryptocurrency \x93an instrument of economic empowerment\x94 and \x93a way to participate in a global monetary system\x94 which it said is aligned with Square\x92s purpose. Dorsey,\xa0who is also the CEO of Twitter Inc (NYSE: TWTR ), had referred to Bitcoin as the \x93best manifestation\x94 of an internet currency. JPMorgan analysts said in October that Square\x92s Bitcoin investment was a \x93strong vote of confidence for the future of Bitcoin.\x94 The company\x92s Cash App saw revenue through Bitcoin rise 600% in the second quarter. Price Action: Square shares closed nearly 8.8% lower at $154.88 on Friday and fell 0.45% in the after-hours session. Story continues See more from Benzinga Click here for options trades from Benzinga Bitcoin Nears 2018 Post-Bubble Highs As Mainstream Adoption Drives Rally 'Caged Bull' Bitcoin Crosses The K 'Breakout' Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Square Inc(NYSE:SQ)\xa0said Friday it would give out a grant to a designer seeking to simplify cryptocurrency wallets and make them more accessible to less technology-savvy users.\nWhat Happened:The San Francisco-based financial technology company's\xa0cryptocurrency unitannouncedon Twitter that it was making the grant to Maggie Valentine — who is working “to simplify wallet onboarding flows by reducing technical jargon and increasing user education.”\nSquare alsosharedValenti **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: 2020-11-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $250,365,377,938 - Hash Rate: 94436931.5950298 - Transaction Count: 224609.0 - Unique Addresses: 543348.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, rose by 1.62% on Saturday. Following on from a 0.88% gain on Friday, Bitcoin ended the day at $13,788.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $13,425.0 before making a move. Steering clear of the first major support level at $13,234, Bitcoin rallied to a late morning intraday high $14,055.0. Bitcoin broke through the first major resistance level at $13,787 and the second major resistance level at $14,007. A pullback going into the afternoon saw Bitcoin fall back to sub-$13,600 levels before finding support. Range-bound through the 2ndhalf of the day, however, the first major resistance level at $13,787 pinned Bitcoin back. The near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. Across the rest of the majors, it was a mixed day on Saturday. Crypto.com Coin (-0.47%) and Cardano’s ADA (-0.49%) saw red to buck the trend on the day. It was a bullish day for the rest, however, with Litecoin rallying by 3.18% to lead the way. Bitcoin Cash SV (+1.84%), Chainlink (+1.32%), and Ethereum (+1.04%) also found relatively strong support. Binance Coin (+0.15%), Bitcoin Cash ABC (+0.25%), Polkadot (+0.77%), and Ripple’s XRP (+0.29%) saw relatively modest gains on the day. In current the week, the crypto total market cap fell to a Wednesday low $377.69bn before striking a Saturday high $604.34. At the time of writing, the total market cap stood at $402.37bn. Bitcoin’s dominance slid to a Saturday low 43.21% before bouncing back to a Saturday high 64.19%. At the time of writing, Bitcoin’s dominance stood at 64.01%. At the time of writing, Bitcoin was down by 0.01% to $13,787.0. A mixed start to the day saw Bitcoin fall to an early morning low $13,708.0 before rising to a high $13,795.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day with Binance Coin falling by 0.22% to buck the trend. It was a relatively bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 0.78% to lead the way. Bitcoin would need to avoid a fall back through the pivot level at $13,756 to bring the first major resistance level at $14,087 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $14,055. Barring an extended crypto rally, the first major resistance level and resistance at $14,100 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,400 before any pullback. The second major resistance level sits at $14,386. Failure to avoid a fall back through the $13,756 pivot would bring the first major support level at $13,457 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$13,400 levels. The second major support level sits at $13,126. Thisarticlewas originally posted on FX Empire • The Week Ahead – The Presidential Election, COVID-19, and Brexit to Drive the Markets • Natural Gas Price Prediction – Prices Rise as a New Storm Enters the Caribbean • European Equities: A Month in Review – October 2020 • European Equities: A Week in Review – 30/10/20 • US Stock Market Overview – Stocks Drop Led Down by Technology • Natural Gas Weekly Price Forecast – Continue Massive Drive Higher... - Reddit Posts (Sample): [['u/Destroya12', 'I just got a sketchy text saying that I sent BTC. Is this a scam?', 16, '2020-11-02 01:48', 'https://www.reddit.com/r/Bitcoin/comments/jmds6q/i_just_got_a_sketchy_text_saying_that_i_sent_btc/', 'Specifically I got a text saying the following: \n\nDear \\[My Name\\] \n\nYou just sent 0.02BTC (0/12 confirmations) Please visit [ledger-chain.info](https://ledger-chain.info) within 30 minutes if you need to cancel. \n\nMy Ledger account records no such transaction. WTF is this? Seems like a scam but how could they get my name and know I have a Ledger?', 'https://www.reddit.com/r/Bitcoin/comments/jmds6q/i_just_got_a_sketchy_text_saying_that_i_sent_btc/', 'jmds6q', [['u/CoinMover', 25, '2020-11-02 01:50', 'https://www.reddit.com/r/Bitcoin/comments/jmds6q/i_just_got_a_sketchy_text_saying_that_i_sent_btc/gaum5a6/', 'Ledger user database was hacked recently. They got phone and email of all users, and have been sending these out. Total scam, yes.', 'jmds6q']]], ['u/WilliamBott', 'Ante Up for Silver Spot Squares #24! 156 ounces to the winner, 40 ounces to the reverse winner! (November 2020)', 12, '2020-11-02 02:16', 'https://www.reddit.com/r/Silverbugs/comments/jme7je/ante_up_for_silver_spot_squares_24_156_ounces_to/', "**[EXTRA EXTRA READ ALL ABOUT IT!! /u/hiiFinance WINS with .70 and /u/NoSilverWorries1 takes the reverse with .07 on a winning spot price of $22.70!!!](https://www.reddit.com/r/Silverbugs/comments/k28mib/congratulations_to_the_winners_of_my_silver_spot/?)**\n\n-----\n\nI am officially RETIRING from doing Silver Spot Squares once the December contest is complete.\n\n[Read about it here.](https://www.reddit.com/r/Silverbugs/comments/jhw3xg/i_am_officially_retiring_from_doing_the_silver/?)\n\n-----\n\n#**PLEASE READ ENTIRE POST AND THE RULES LINKED, AS IT CONTAINS CRITICAL RULES UPDATES FOR YOUR SAFETY AND MINE!**\n\n-----\n\n[Last contest](https://www.reddit.com/r/Silverbugs/comments/j3loo3/ante_up_for_silver_spot_squares_23_156_ounces_to/)\n\n[Last contest's winners](https://www.reddit.com/r/Silverbugs/comments/jl76ts/congratulations_to_the_winners_of_my_silver_spot/?)\n\n[Leaderboard for ALL previous winners](https://www.reddit.com/r/WilliamBott/comments/hh5hdi/silver_spot_squares_contest_leaderboard/)\n\n-----\n\nHey, Will here. Are you ready to win so much silver your mailman hates you? LOOK NO FURTHER!\n\nYou can check my feedback here: https://www.reddit.com/r/PMsFeedback/search?q=williambott&restrict_sr=on&include_over_18=on&sort=new&t=all\n\n-----\n\n[Rules here, and apply to this contest so READ THEM](https://www.reddit.com/r/WilliamBott/comments/gcja8f/rules_for_my_silver_spot_squares_contest_tipping/?)\n\n**Payment methods accepted: Cash App, Zelle, physical silver, cash in the mail, check, money order - alternates can also use any payment method listed!**\n\n**I'm using Cash App and Zelle now and Cash App is taking about 3% from the entries, so PLEASE ADD 3% if you are using Cash App. PLEASE NO NOTES FOR CASH APP AND ZELLE! I already lost my PayPal account and I'm running out of options.** :(\n\nZelle/cash entry fee - November: **$55** per entry/December: **$82.50** per entry \nCash App entry fee - November: **$56.50** per entry/December: **$84.75** per entry \n\nContest end date: Friday, November 27, 2020\n\nBoard: https://i.imgur.com/dIcuEq3.jpg\n\nPot: https://imgur.com/a/Sm7uLkj\n\n-----\n\n**Entries: 100 (FULL!!)**\n\n**List of entrants:**\n\n/u/miamihausjunkie (3) **PAID Silver, Random** \n/u/djtills (1) **PAID Zelle, Random** \n/u/PlatinumGreenCard (1) **PAID Zelle, (2,7)** \n/u/CPlayto (3) **PAID Silver, Random** \n/u/mikeyw972 (1) **PAID Zelle, Random** \n/u/Lord_Sir (1) **PAID Cash App, Random** \n/u/ThyCollector (1) **PAID Zelle, Random** \n/u/PityFool (2) **PAID Zelle, Random** \n/u/fivestarinc (3) **PAID Zelle, Random** \n/u/sdchad (2) **PAID Zelle, Random** \n/u/rulerwithsixhole (3) **PAID Zelle, Random** \n/u/BadAssCodpiece (2) **PAID Cash App, Random** \n/u/pixelberry_ (2) **PAID Zelle, Random** \n/u/DiarrheaShitSoup (2) **PAID Zelle, Random** \n/u/hawkswin1 (3) **PAID Zelle, Random** \n/u/tdb4807 (3) **PAID Silver, Random** \n/u/wkk3211 (2) **PAID Silver, Random** \n/u/jungles_of_fun (3) **PAID Silver, Random** \n/u/MrpibbRedvine (2) **PAID Silver, Random** \n~~/u/mikemjr (2) **Pending Money Order, Random**~~ \n/u/CferDFW (2) **PAID Silver, Random** \n/u/MonsterFish5 (2) **PAID Silver, Random** \n/u/polyphyletic_79 (2) **PAID Cash App, Random** \n~~/u/outdoorsguy2421 (1) **Pending Zelle, Random**~~ \n/u/Pieisgood795 (2) **PAID Zelle, Random** \n/u/Zbag (2) **PAID Zelle, Random** \n/u/GorillaX (3) **PAID Silver (2), PAID Zelle (1), Random** \n/u/R_o_double_B (3) **PAID Zelle, Random** \n/u/JRH1962 (3) **PAID Zelle (2), PAID Silver (1), Random** \n/u/3J3B3 (1) **PAID Zelle, Random** \n/u/elsilver22 (2) **PAID Silver, Random** \n/u/MorganPeace21 (1) **PAID Zelle, Random** \n/u/cincybrian (2) **PAID Zelle, Random** \n/u/silversammy710 (1) **PAID Silver, Random** \n/u/Volkswagens1 (2) **PAID Zelle, Random** \n/u/ThyCollector (1) **PAID Zelle, Random** \n~~/u/Snoo_26884 (2) **Pending Silver, Random**~~ \n/u/Eldudereno (1) **PAID Zelle, Random** \n/u/XTCobriana (1) **PAID Silver, Random** \n/u/Yarl85 (3) **PAID Silver (1), PAID Cash (2), Random** \n/u/NoSilverWorries1 (3) **PAID Zelle, Random** \n/u/-au-ag- (1) **PAID Zelle, Random** \n/u/mistertyme5 (1) **PAID Cash App, Random** \n/u/madsilverman25 (3) **PAID Silver, Random** \n/u/is_pissed_off (1) **PAID Cash App, Random** \n/u/Catman_1975 (3) **PAID Cash App, Random** \n/u/sportsn2 (3) **PAID Zelle, Random** \n/u/OldschoolBTC (1) **PAID Cash App, Random** \n/u/hiiFinance (2) **PAID Cash App, Random** \n/u/ProcessMeMrHinkie (1) **PAID Zelle, Random** \n/u/Bluethunder8585 (1) **PAID Zelle, Random** \n/u/BishopFontana (1) **PAID Cash App, Random** \n/u/MagicalMule (1) **PAID Cash App, Random** \n/u/RSS24 (3) **PAID Zelle, Random** \n/u/ectweak (2) **PAID Cash App, Random**\n\n-----\n\nDecember Pre-registration **MAX 2 SPOTS, 3 ounces each!** (**90** taken out of 94 spots):\n\n/u/CPlayto (2) **PAID Silver, Random** \n/u/miamihausjunkie (2) **PAID Silver, Random** \n/u/hawkswin1 (2) **PAID Zelle, Random** \n/u/MrpibbRedvine (2) **PAID Silver, Random** \n~~/u/mikemjr (2) **Pending Money Order, Random**~~ \n/u/CferDFW (2) **PAID Silver, Random** \n/u/MonsterFish5 (2) **PAID Silver, Random** \n/u/Addictedtocoins (2) **PAID Silver, Random** \n/u/wkk3211 (2) **PAID Silver, Random** \n/u/allthatandabagochips (1) **PAID Zelle, Random** \n/u/Pieisgood795 (1) **PAID Zelle, Random** \n/u/Zbag (1) **PAID Zelle, Random** \n/u/GorillaX (2) **PAID Silver, Random** \n/u/R_o_double_B (2) **PAID Zelle, Random** \n/u/JRH1962 (2) **PAID Zelle, Random** \n/u/3J3B3 (1) **PAID Zelle, Random** \n/u/elsilver22 (2) **PAID Silver, Random** \n/u/MorganPeace21 (1) **PAID Zelle, Random** \n/u/cincybrian (2) **PAID Zelle, Random** \n/u/silversammy710 (1) **PAID Silver, Random** \n/u/Volkswagens1 (2) **PAID Zelle, Random** \n/u/Snoo_26884 (2) **Pending Silver, Random** \n/u/Eldudereno (1) **PAID Zelle, Random** \n/u/NoSilverWorries1 (2) **PAID Zelle, Random** \n/u/-au-ag- (1) **PAID Zelle, Random** \n/u/rulerwithsixhole (2) **PAID Zelle, Random** \n/u/madsilverman25 (2) **PAID Silver, Random** \n/u/is_pissed_off (1) **PAID Cash App, Random** \n/u/Catman_1975 (2) **PAID Cash App, Random** \n/u/sportsn2 (2) **PAID Zelle, Random** \n/u/PityFool (2) **PAID Zelle, Random** \n/u/ProcessMeMrHinkie (1) **PAID Zelle, Random** \n/u/BishopFontana (2) **PAID Cash App, Random** \n/u/MagicalMule (2) **PAID Cash App, Random** \n/u/ectweak (2) **PAID Cash App, Random** \n/u/PlatinumGreenCard (1) **PAID Zelle, (5,6)** \n/u/Cademguru13 (2) **PAID Zelle, Random** \n/u/Harold_Grundelson (1) **PAID Cash App, Random** \n/u/tdb4807 (2) **Pending Silver, Random** \n/u/Sanyometer (2) **PAID Cash, (2,3), (3,7)** \n/u/goofytigre (2) **PAID Zelle, Random** \n/u/mistertyme5 (1) **PAID Cash App, Random** \n/u/MyBlackTights (2) **Pending Silver, Random** \n~~/u/silverbug9 (1) **Pending Zelle, Random**~~ \n/u/coppsilver (2) **PAID Cash App, Random** \n/u/Sniper1Five (2) **PAID Zelle, Random** \n/u/goldstrong (1) **Pending Money Order, Random** \n/u/biocarbon (1) **PAID Zelle, Random** \n/u/hobiwankinobi (2) **PAID Cash App, Random** \n/u/OneoftheSteves (1) **PAID Zelle, Random** \n/u/DiarrheaShitSoup (2) **PAID Zelle, Random** \n/u/RSS24 (2) **PAID Silver, Random** \n/u/grimcow (2) **PAID Silver, Random** \n**Winner of /u/NoSilverWorries1's contest TBD (2) PAID Silver, Random** \n/u/loki4lyf (1) **Random** \n/u/BadAssCodpiece (1) **PAID Cash App, Random**\n\n-----\n\nI'm still doing the $500 back-to-back wins bonus this year, but I posted it in the rules section to clean up the entry page a bit! GOOD LUCK!!!\n\n-----\n\nIf you are mailing physical silver or anything else, keep in mind that right now, the USPS is riskier and more unreliable than at any other time in my lifetime. **The ONLY time-guaranteed shipping is Priority Mail Express 1-day shipping, and ONLY Registered Mail allows you to insure bullion!** I **highly** recommend that no matter what you send, you include some kind of tracking on it and provide me with that tracking when you ship!!\n\n**I CANNOT be responsible for any silver, cash, payments etc. that do not make it into my hands safely! Please make sure that anything you send me is in a trackable package or envelope so we can tell if it is delivered, at the very least, and preferably insured. PACK IT WELL! Make sure it is wrapped tightly on the inside AND outside, that there is no jingling or rattling, and nothing else that might alert the workers to the contents of the package.**", 'https://www.reddit.com/r/Silverbugs/comments/jme7je/ante_up_for_silver_spot_squares_24_156_ounces_to/', 'jme7je', '[]'], ['u/wise_quote', '⚠️Phishing attacks... 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:** ['PayPal Holdings, Inc (NASDAQ: PYPL ) CEO Daniel Schulman said at the company’s third-quarter earnings call Monday that its\xa0cryptocurrency foray\xa0is "just the beginning of the opportunities." What Happened: Schulman said PayPal\xa0is creating “one of the most compelling and expansive” digital wallets in the world — terming\xa0digital wallets as a “natural complement to all forms of digital currencies.” The executive said that the digitization of the global economy along with the rise of the digital wallet will drive PayPal’s growth over the next decade. The Peter Thiel-co-founded company also plans to\xa0allow consumers to use cryptocurrencies as a “funding instrument” to shop across 28 million merchants on the platform. “This solution will not involve any additional integrations, volatility risk, or incremental transaction fees for either consumers or merchants and will fundamentally bolster the utility of cryptocurrencies,” said Schulman. Schulman said it was just the “beginning of the opportunities” as the company will strive to work “hand in hand with regulators to accept new forms of digital currencies.” The executive said that while the use of cash continues to decline, central banks around the world are exploring or trialing new forms of retail digital currencies. “These trends create an opportunity for us to work with central banks and regulators to shape a modern and inclusive financial system,” said Schulman. Why It Matters: PayPal will add cryptocurrency services to its Venmo app by the first half of 2021 and also allow international users to buy, sell, and hold cryptocurrency by the same time period. While some have welcomed PayPal’s foray into Bitcoin and other cryptocurrencies, others have questioned the limited nature of the services it will provide. The San Jose, California-based financial giant is said to be in talks to acquire digital asset custodian BitGo, according to Bloomberg. Story continues PayPal’s third-quarter earnings per share rose 75.41% year-on-year to $1.07 beating estimate of $0.94. Price Action: PayPal shares traded almost 5.7% lower at $177 in the after-hours session on Monday after closing 0.9% higher at $187.76. Photo courtesy: PayPal See more from Benzinga Click here for options trades from Benzinga Bitcoin Nears 2018 Post-Bubble Highs As Mainstream Adoption Drives Rally JPMorgan Says Its Cryptocurrency \'JPM Coin\' Is Now Live © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'PayPal Holdings, Inc(NASDAQ:PYPL) CEO Daniel Schulman said at the company’s third-quarter earnings call Monday that its\xa0cryptocurrency foray\xa0is "just the beginning of the opportunities."\nWhat Happened:Schulman said PayPal\xa0is creating “one of the most compelling and expansive” digital wallets in the world — terming\xa0digital wallets as a “natural complement to all forms of digital currencies.”\nThe executive said that the digitization of the global economy along with the rise of the digital wallet will drive PayPal’s growth over the next decade.\nThe Peter Thiel-co-founded company also plans to\xa0allow consumers to use cryptocurrencies as a “funding instrument” to shop across 28 million merchants on the platform.\n“This solution will not involve any additional integrations, volatility risk, or incremental transaction fees for either consumers or merchants and will fundamentally bolster the utility of cryptocurrencies,” said Schulman.\nSchulman said it was just the “beginning of the opportunities” as the company will strive to work “hand in hand with regulators to accept new forms of digital currencies.”\nThe executive said that while the use of cash continues to decline, central banks around the world are exploring or trialing new forms of retail digital currencies.\n“These trends create an opportunity for us to work with central banks and regulators to shape a modern and inclusive financial system,” said Schulman.\nWhy It Matters:PayPal will add cryptocurrency services to its Venmo app by the first half of 2021 and also allow international users to buy, sell, and hold cryptocurrency by the same time period.\nWhile some have welcomed PayPal’s foray into Bitcoin and other cryptocurrencies, others havequestioned the limited natureof the services it will provide.\nThe San Jose, California-based financial giant is said to be in talks toacquiredigital asset custodian BitGo, according to Bloomberg.\nPayPal’sthird-quarterearnings per share rose 75.41% year-on-year to $1.07 beating estimate of $0.94.\nPrice Action:PayPal shares traded almost 5.7% lower at $177 in the after-hours session on Monday after closing 0.9% higher at $187.76.\nPhoto courtesy: PayPal\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Bitcoin Nears 2018 Post-Bubble Highs As Mainstream Adoption Drives Rally\n• JPMorgan Says Its Cryptocurrency \'JPM Coin\' Is Now Live\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Trust andloyalty rewardshave underpinned U.S. consumer spending for decades. Trust makes it easy to do business with a brand while a loyalty program rewards customers for returning. Such programs stabilize demand andsupply chainsand are effective at increasing revenue in the long run. Smart businesses know how to incentivize their customers and get them in the door with freebies, a deal they can’t ignore\xa0or other smart marketing ideas, but once that customer is in the store, they can sell them the more expensive items.\nLoyalty program members generate 12-18 percent incremental revenue growth year over year compared to non-members, according to a 2017 Accenturestudy. However, the pandemic has led to big changes in terms of what types of incentives customers are looking for. In these difficult times, entrepreneurs want to know about how trust and incentives help consumers choose brands.\nEarning trust online is more critical than ever as the pandemic and work-from-home (WFH) situations force consumers to begin a digital migration. According to a July 2020 McKinseysurvey, 34 percent of respondents have shopped on Instagram based on influencer recommendations. And 55 percent of consumers reported turning to brands they trust during the lockdown.\nWhen it comes to family and friends, the numbers are compelling: 93 percent say they trust family and friends’ brand recommendations while only 38 percent trust info from advertisers, according to a2020 surveyby Kantar Media.\nCompanies need to redesign ecommerce processes, marketing strategies and partnerships to increase customers’ trust in purchases and shopping journeys. Ecommerce and retail are seeing a big shift, but there’s also been a shift in the enterprise software sales side.\nRelated:Want More Referrals? Here Are The Best Ways to Earn Them\nBlockchain companyUTUwhich means “humanity” in Swahili, believes the way to get there is to build a trust-based infrastructure on the web. That means delivering APIs, Oracles and SDKs that enable trust signals to be evaluated dynamically and presented descriptively.\nI recently spoke with Jason Eisen, CEO of UTU, who says that such an infrastructure would make it difficult for businesses, salespeople, advertisers and unethical parties to manipulate product testimonials, ratings and scores. Their technology is valuable for situations when services are researched and obtained digitally. Fake reviews and rankings have grown pervasive online, and these mislead customers into choosing subpar products and services. Thus, cheating and obfuscations are rewarded. Cheaters exist, unfortunately, so businesses need to be proactive and build their infrastructure with possible loopholes in mind.\nIn the last year, 82 percent of consumers haveread a deceptive review, according to 2019 research by marketing firm BrightLocal. In the U.K., fake reviews potentially influence $29.3 billion of customer spending annually.\n“A trust infrastructure must be decentralized and can be tokenized to incentivize the creation of trust and good outcomes,” says Eisen. “In ecommerce, trust unleashes frictionless transactions. Unfortunately, peoples\' data and personal information are taken, their privacy violated\xa0and reputation sold to bidders. Thus, the current approach to digital trust is wrongly conceived, poorly implemented\xa0and subject to rampant abuse and manipulation.”\nLoyalty programs are important mechanisms that help customers choose brands. Modern loyalty incentives were popularized by U.S. airlines in the 1980s with frequent-flyer miles. Since then, various iterations permeate across hyper-competitive, consumer-facing industries — particularly in credit cards, financial services, retail, hotels, entertainment, electronic goods\xa0and groceries. Companies award perks, points, discounts and free goods in exchange for customers’ repeat purchases which, in turn, enhances enterprise value.\nWith the growing popularity of non-sovereign digital coins, as well as smartphones, companies are beginning to turn to cryptocurrencies to reward tech-savvy customers for their loyalty. For instance, Hong Kong-based Powerchain is launching a blockchain-based loyalty points exchange that enables merchants worldwide to offer a more valuable format of loyalty reward.\nI spoke with Michael Mathias, the company’s CEO and the founder ofGreenPower, who says that blockchain-based rewards can significantly enhance value as well as reduce inefficiencies of traditional points. “Blockchain-integrated loyalty points improve trust and ensure security," he says. "The loyalty points on our blockchain-based platform represent a superior format of customer reward that never expires, is never restricted and is exchangeable for other forms of value, including cash.”\nHowever, 75 percent of consumers have changed shopping behaviors because of the pandemic. “Value, availability, and quality or organic products were the main drivers for consumers trying a different brand,” **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: 2020-11-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $250,365,377,938 - Hash Rate: 124332259.0484446 - Transaction Count: 331673.0 - Unique Addresses: 727413.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: France has been at the center of financial innovation, playing an essential role in the development of the equity and bond markets in the 1990s. During the First World War, French equity markets accounted for 16% of the world’s equity market capitalization. Today, France is among the biggest e-commerce markets in Europe, and the market has been growing at double-digit rates, characterized by a healthy pace of economic growth in recent years. The Coronavirus pandemic has accelerated the expansion of the digital payment landscape as many have turned to online shopping and are incentivized to transact digitally due to fears of infection through personal contact. Eric Anziani Crypto.com The share of crypto consumers using crypto assets as a mode of payment in 2020 has increased considerably, with more than 4%-6% of French citizens owning crypto-assets according to published reports. The reasons for this are two-fold, first, quantitative easing by central banks has caused retail inflation worldwide, and second, as people find themselves locked in their homes, they have warmed up to new types of financial instruments and assets as a means of increasing not only their knowledge but also income. The French economy is ready for the penetration of crypto-assets and digital tokens in its everyday life as it embarks on this new era of digital wave equipped with the right mix of regulations and compliance flexibilities offered to corporations and startups by the French government. Insider Monkey: What strategy does Crypto.com have in terms of expanding its operations in the EU (European Union)? Eric Anziani: Crypto.com has seen substantial growth in Europe and we are focused on expanding our reach as we seek to accelerate the world's transition to cryptocurrency. Crypto.com’s card offerings have become the most widely available crypto card in the world with offers in Asia, the EU, the UK, and the United States. Crypto.com’s Visa card was among the first on the market since it was unveiled in Singapore in 2018 and has become the most commonly available crypto card in the world. Many consumers hold the card and enjoy a range of benefits including up to 5% cashback depending on your card tier; comprehensive range of fiat currency top-up options, including SEPA or the Single Euro Payments Area; full rebates available for Netflix, Spotify and Amazon Prime. Story continues We also continue to expand the ecosystem powered by the CRO token and our suite of products Crypto Earn, where you can earn up to 8% on deposited cryptocurrencies; Crypto Credit, where you can get an instant loan based on your crypto assets; and Crypto.com Exchange which provides deep liquidity, low fees and best execution prices. And we do all of this with a relentless focus on our consumers so that we can keep delivering quality products and services that improve their lives. Staying close to our community is important to us and we are very grateful for the support from our very engaged community. In addition to social media channels, our outreach includes Crypto.com University and Research where we regularly publish articles to help decrypt the world of crypto and unpack the latest developments in the space. For example, we worked with The Economist on a piece about the general public’s behaviors and opinions around digital payments and most recently, Boston Consulting Group on a piece about decentralised finance. Insider Monkey: To which country is Crypto.com expanding its operations first? How is the company going to on-board customers in France? Eric Anziani: Crypto.com has recently launched the French version of the Crypto.com App and Crypto.com Exchange, accompanied by the local telegram community in the French language for additional customer support. The French version of the app is the first in a series of more local language roll-outs. Why are we doing this? Humans are social beings and language plays an essential role in our communication. Crypto.com is a global company but we believe that going local will create an enhanced user experience for our customers. It is not just about personalizing language but also about understanding the cultural identity of our customers so that we can cater better to their needs. Insider Monkey: How Big is the French Market in terms of trading volume, consumer internet, and market capitalization? Eric Anziani: When talking about digital payments, card payment in France is enormous, making up for 53.9 percent of transactions. Online card usage is also projected to increase by 15.8 percent in 2021. Thus, we find that Crypto.com’s Visa cards have huge growth potential in France as the customers are already warmed up to digital payments, especially since our cards play a vital role in bridging the gap between crypto and fiat currency. In addition, we also put significant focus on a user-friendly interface where the Crypto.com App acts as a single hub to manage all of the crypto’s financial needs. With the crypto.com interface, when cards are paired with the application, customers can buy, sell, pay with, and earn crypto and get an instant loan based on collateralized funds. On the other hand, the crypto payment market is still in its infancy in France but is maturing at an accelerated pace due to political and economic developments worldwide. We do see that a number of top French labels are ready to receive cryptocurrencies . Amongst these leading brands which might embrace Bitcoin in France are several large label names, such as Sephora, Foot Locker, Decathlon, Cultura, Intersport, Norauto, Maison du Monde, Conforama, and Boulanger. For most of these firms, this is not their first effort to increase the popularity of Bitcoin in France. Therefore, alongside our crypto card operation, we continue to mature the company’s crypto payment solution for online merchants powered by our native blockchain - Crypto.com Pay. Recently we announced that Crypto.com Pay now accepts CRO payments from any ERC-20 wallet. There are an estimated 30 million+ ERC-20 wallets, which represent a massive potential market for merchants seeking to attract crypto users globally. Insider Monkey: What is the current regulatory landscape regarding crypto-assets and trading in France? Eric Anziani: The French government has adopted a soft-touch approach regarding crypto-assets in France. French Parliament passed the Pacte Act (Sales Regulations), which opened a flood of technological innovation in digital assets and blockchain. Effectively, France has helped create a much more flexible legal framework for crowdfunding, public listing and capital investment . With its current context, the Action Plan streamlines processes for service providers of digital assets operating in France. Regulatory authorities have not yet come up with digital currency-specific legislation, and they continue to caution against the risks associated with speculation. However lawmakers appear likely to accept Bitcoin. And with so many retailers prepared to accept payments in Bitcoin, we see an underlying change in the digital payments landscape in France.... - 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, BTC to USD, rallied by 3.46% on Tuesday. Reversing a 1.40% decline from Monday, Bitcoin ended the day at $14,029.6.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $13,640.0 before hitting reverse.\nFalling short of the first major resistance level at $13,895, Bitcoin slid to an early morning intraday low $13,301.0\nSteering clear of the first major support level at $13,234, Bitcoin rallied to a final hour intraday high $14,066.0.\nBitcoin broke through the first major resistance level at $13,863 to wrap up the day at $14,000 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nBinance Coin (-3.32%), Bitcoin Cash ABC (-5.05%), Bitcoin Cash SV (-3.51%), Chainlink (-3.32%), Crypto.com Coin (-4.78%), and Polkadot (-3.19%) saw red on the day.\nIt was a relatively bullish day for the rest of the majors that joined Bitcoin in the green.\nCardano’s ADA (+1.55%), Ethereum (+1.30%), Litecoin (+0.26%), and Ripple’s XRP (+1.71%) found support on the day.\nFor the current week, the crypto total market cap fell to a Tuesday low $379.53bn before hitting a Tuesday high $407.51bn. At the time of writing, the total market cap stood at $398.38bn.\nBitcoin’s dominance fell to a Monday low 63.22% before rising to a Tuesday high 64.91%. At the time of writing, Bitcoin’s dominance stood at 64.79%.\nAt the time of writing, Bitcoin was down by 0.65% to $13,938.6. A mixed start to the day saw Bitcoin rise to an early morning high $14,051.9 before falling to a low $13,903.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin and Polkadot bucked the trend early on, with gains of 1.16% and 0.17% respectively.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 1.00% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $13,799 to bring the first major resistance level at $14,297 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s $14,066.0 high.\nBarring an extended crypto rally, the first major resistance level and resistance at $14,300 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $14,500 before any pullback. The second major resistance level sits at $14,564.\nFailure to avoid a fall through the $13,799 pivot would bring the first major support level at $13,532 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$13,500 levels. The second major support level sits at $13,034.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Gold Hits 2-week High as Dollar Slides\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Decision Time at 27400 – 27741\n• The Crypto Daily – The Movers and Shakers – November 4th, 2020\n• Silver Price Forecast – Silver Markets Pull Back From 50 day EMA\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – November 4th, 2020\n• USD/CAD Daily Forecast – Support At 1.3100 In Sight', 'Bitcoin, BTC to USD, rallied by 3.46% on Tuesday. Reversing a 1.40% decline from Monday, Bitcoin ended the day at $14,029.6. It was a mixed start to the day. Bitcoin rose to an early morning high $13,640.0 before hitting reverse. Falling short of the first major resistance level at $13,895, Bitcoin slid to an early morning intraday low $13,301.0 Steering clear of the first major support level at $13,234, Bitcoin rallied to a final hour intraday high $14,066.0. Bitcoin broke through the first major resistance level at $13,863 to wrap up the day at $14,000 levels. The near-term bullish trend remained intact, supported by the latest move through to $14,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Binance Coin (-3.32%), Bitcoin Cash ABC (-5.05%), Bitcoin Cash SV (-3.51%), Chainlink (-3.32%), Crypto.com Coin (-4.78%), and Polkadot (-3.19%) saw red on the day. It was a relatively bullish day for the rest of the majors that joined Bitcoin in the green. Cardano’s ADA (+1.55%), Ethereum (+1.30%), Litecoin (+0.26%), and Ripple’s XRP (+1.71%) found support on the day. For the current week, the crypto total market cap fell to a Tuesday low $379.53bn before hitting a Tuesday high $407.51bn. At the time of writing, the total market cap stood at $398.38bn. Bitcoin’s dominance fell to a Monday low 63.22% before rising to a Tuesday high 64.91%. At the time of writing, Bitcoin’s dominance stood at 64.79%. This Morning At the time of writing, Bitcoin was down by 0.65% to $13,938.6. A mixed start to the day saw Bitcoin rise to an early morning high $14,051.9 before falling to a low $13,903.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin and Polkadot bucked the trend early on, with gains of 1.16% and 0.17% respectively. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink was down by 1.00% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,799 to bring the first major resistance level at $14,297 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s $14,066.0 high. Barring an extended crypto rally, the first major resistance level and resistance at $14,300 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $14,500 before any pullback. The second major resistance level sits at $14,564. Failure to avoid a fall through the $13,799 pivot would bring the first major support level at $13,532 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$13,500 levels. The second major support level sits at $13,034. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Gold Hits 2-week High as Dollar Slides E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Decision Time at 27400 – 27741 The Crypto Daily – The Movers and Shakers – November 4th, 2020 Silver Price Forecast – Silver Markets Pull Back From 50 day EMA EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – November 4th, 2020 USD/CAD Daily Forecast – Support At 1.3100 In Sight', 'ND (00:00 ET):The majority of the seats we’re following inour top-15 racesto watch have been called, and it’s looking like we won’t know the results from the U.S. presidential election until later this week at the earliest. (CNN currently has the tally at 205 for former Vice President Joe Biden to 114 for incumbent President Donald Trump.)Bitcoin’sprice has remained fairly stable over the past few hours, though at $13,900 it’s still up close to 3.5% over the past 24 hours. We’re going to call it a wrap for the night and get back to it tomorrow. Thanks for hanging around. For CoinDesk, this is Nikhilesh De, Bradley Keoun, Sebastian Sinclair and Sandali Handagama.\nBK (23:53):Fox News calls Texas for Trump.\nBK (23:44):Fox News calls Ohio for Trump.\nRelated:Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD\nBK (23:43):Pennsylvania unlikely callable overnight in U.S. presidential election, Fox News says.\nBK (23:32):Fox News calls New Mexico for Biden. Not a surprise.\nBK (23:26):Fox News calls U.S. Senate race in Arizona for Mark Kelly, another flip for Democrats.\nSS (23:25):Predictions markets point to win for Trump in Pennsylvania with @PolymarketHQ bettors pricing in a 64% chance while bettors at @PredictIt are giving it to the incumbent – 67%. Both markets heavily favor Trump to win the presidential race.\nRelated:$14.1K: Bitcoin Breaks New 2020 High With US Election Still Undecided\nBK (23:21 ET):Fox News calls Arizona for Biden; that’s a flip of 11 electoral votes won by Trump in 2016 and every other Republican since Bill Clinton’s win in 1996.\nBK (23:16 ET):Republicans flip Alabama U.S. Senate seat from Democrats.\nND (23:15 ET):Sen. Kelly Loeffler (R-Ga.), the former Bakkt CEO appointed to the U.S. Senate late last year, will head to a runoff, likely in January, after no candidate in Georgia’s special election secured enough of the vote to declare victory. Doug Collins, a former Republican representative also running for the seat, conceded late Tuesday and will support Loeffler as she runs against Democrat Raphael Warnock.\nBK (23:15 ET):Trump projected to win Florida, Fox News says.\nBK (23:03 ET):CNN calls California, Oregon and Washington for Biden, Wyoming for Trump.\nBK (22:57 ET):TRUMP futures on FTX crypto exchange have shot up to about 74 cents on the dollar from 35 cents over the past couple hours:\nBK (22:49 ET):Biden wins Illinois, Trump Missouri: CNN.\nBK (22:40 ET):CNN calls New Hampshire for Biden; Louisiana, Kansas, Utah, Nebraska for Trump. Electoral tally so far: Biden 98, Trump 95.\nSS (22:04 ET):Betting on Polymarket suggests Trump has 91% chance of winning Texas.\nSS (22:00 ET):In the last hour, bettors at Polymarket have President Donald Trump winning the election $0.59 to Biden’s $0.41 up from $0.44 and $0.56 respectively.\nND (21:55 ET):Some prediction markets appear to be swinging toward Trump. The four decentralized markets CoinDesk tracked pretty consistently indicated that Biden would win; late Tuesday night,Augurflipped, as did FTX’sTRUMPandBIDENtokens.\nBK (21:55 ET):CNN calls U.S. Senate seat in Colorado for former Governor John Hickenlooper, flipping Republican seat to Democratic.\nBK (21:30 ET):CNN **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: 2020-11-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $250,365,377,938 - Hash Rate: 132689483.0919183 - Transaction Count: 320697.0 - Unique Addresses: 707247.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: PayPal Holdings Inc(NASDAQ:PYPL) on Wednesday announced it isstarting to offer cryptocurrencyas a form of payment on its platform. The move has invited mixed reactions from veterans of the digital assets space. Not Real Bitcoin:Some experts were left unamused over what they judged to be significant restrictions in place on how the cryptocurrency in a Paypal account can be withdrawn or transferred to other users. Compound Labs General Counsel Jake Chervinskyquestionedif users can't hold their own keys, "is it even Bitcoin?" Blockchain.com CEO Peter Smith said in an emailed statement to Benzinga that Paypal had taken an “inflexible approach.” “While we’re excited to see a new audience gain access, a non-custodial approach limits opportunity to self-custody your [cryptocurrency] or transact freely,” said Smith. Buzz Around Numbers:PayPal says it has 346 millionactive accountsand processed payments to the tune of $222 billion in 3.7 billion transactions in the second quarter. Social Capital CEO Chamath Palihapitiya suggested PayPal's move could spur further adoption by banks. CryptoCompare CEO Charles Hayter told CoinDesk that while PayPal’s Bitcoin foray may not be ideal for libertarians “being pragmatic about bitcoin’s trajectory and global adoption penetration rate, this certainly brings more options.” Jason Deane, an analyst at Quantum Economics termed PayPal’s move as “extremely significant” and said it would expand the cryptocurrency’s “reach at a vastly accelerated level, as well as  “drive the development of additional services,” Decrypt reported. Validation Among Some:There is a sense of validation among some, seeing the increased mainstream adoption of Bitcoin. “Many early [cryptocurrency] believers, myself included, were de-platformed and censored for buying bitcoin on PayPal, I have a strong sense of vindication seeing them finally come around to the inevitability of cryptocurrency,” Blockchain.com's Smith said. Bitcoin developer Jameson Lopp said, “You can ignore Bitcoin for a while, but not forever.” PayPal Treading Caution:Jerry Brito, executive director of Coin Center, told CoinDesk that it is possible that demand for Bitcoin transactions “is not as high” and that perhaps most people want to simply buy and hold the cryptocurrency. Brito admitted that while PayPal did not have to limit transactions to be compliant with regulations, there are gray areas in the Financial Action Task Force’s Travel Rule and in anti-money laundering enforcement. “People are finally developing solutions to comply with [the Travel Rule] but [PayPal is] not there yet,” said Brito. “The easiest thing to do is not engage in transfer and take on that compliance risk,” he added, pointing to the fact that cryptocurrencies would probably be a small part of PayPal’s business. Stephen Palley, a partner at the Anderson Kill law firm, told Coindesk that PayPal is “going to be cautious, and they’re going to roll it out slowly.” Nevertheless, there's no convincing the most ardent believers of the decentralized currency. “Don't let PayPal hold your precious bitcoin,” Lopp told his Twitter followers. Photo courtesy: PayPal Inc. See more from Benzinga • Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas • Max Levchin's Fintech Firm Affirm Confidentially Files To Go Public • Peter Thiel's Valar Ventures Leads M Funding Round For European Cryptocurrency Brokerage © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/[deleted]', "am I the only one more excited about BTC's second 14000 hit than about the ongoing election?", 191, '2020-11-04 00:37', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/', 'priorities', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/', 'jnlo7n', [['u/reservebtc', 73, '2020-11-04 00:37', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/gb24th8/', 'erection > election', 'jnlo7n'], ['u/Garland_Key', 26, '2020-11-04 00:49', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/gb2628y/', 'Bitcoin boner.', 'jnlo7n'], ['u/ManOfHart', 11, '2020-11-04 00:59', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/gb2791h/', "I've seen enough, I'm going all in!", 'jnlo7n'], ['u/Mark0Sky', 14, '2020-11-04 01:03', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/gb27nbe/', 'It is an election. Bitcoin vs FIAT.', 'jnlo7n'], ['u/NimbleBodhi', 27, '2020-11-04 01:04', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/gb27r6g/', 'Indeed, the real winners are the sats we stacked along the way.', 'jnlo7n'], ['u/ryan0302', 11, '2020-11-04 05:32', 'https://www.reddit.com/r/Bitcoin/comments/jnlo7n/am_i_the_only_one_more_excited_about_btcs_second/gb3041v/', 'Election is two turds. Bitcoin actually stands for something at least.', 'jnlo7n']]], ['u/klutzelk', 'The only things holding me back from being totally RDI...', 38, '2020-11-04 00:56', 'https://www.reddit.com/r/JonBenetRamsey/comments/jnm02e/the_only_things_holding_me_back_from_being/', 'Michael Helgoth\'s suspicious suicide is what really gets me. It just seems too damning with all of the evidence surrounding him. Was he guilty or possibly framed? The scene of his suspected suicide included a pair of High-Tec climbing boots and a stun-gun. He also was believed to own a cap that had the letters "SBTC" on it.\n\n​\n\nFirst of all, do we know if this is all true? Police took the crime scene photo where they stated that the stun gun and boots stood out, but do we know that he had the SBTC hat? What about the animal hairs found in the cellar where Jonbenet\'s body was found that matched the color of Helgoth\'s wolf dogs?The reasoning for why the suicide was suspicious was because he was known to be right handed but the bullet trajectory went from left to right. My main issue is why did they not look further into this? His DNA was cleared, right? But what about John Kenady... could he have framed Helgoth? Or could someone else, possibly someone closer to the case have framed Helgoth?\n\n​\n\nHere is where I found most of the information regarding Helgoth:\n\n[http://www.acandyrose.com/s-michael-helgoth.htm](http://www.acandyrose.com/s-michael-helgoth.htm)\n\n​\n\nPlease let me know if anyone can make any clarification as to why this wasn\'t looking into more because I am struggling with it! Everything else about this case makes me believe RDI but then there is this.', 'https://www.reddit.com/r/JonBenetRamsey/comments/jnm02e/the_only_things_holding_me_back_from_being/', 'jnm02e', [['u/klutzelk', 10, '2020-11-04 01:57', 'https://www.reddit.com/r/JonBenetRamsey/comments/jnm02e/the_only_things_holding_me_back_from_being/gb2dc2v/', 'I just want to know if Helgoth really had a cap that said \'\'SBTC". I wonder if it\'s possible that the Ramsey\'s themselves framed him... I wouldn\'t put anything past them.', 'jnm02e'], ['u/slug_93', 13, '2020-11-04 02:08', 'https://www.reddit.com/r/JonBenetRamsey/comments/jnm02e/the_only_things_holding_me_back_from_being/gb2ek7h/', 'Ramseys Did It. IDI = intruder, BDI = Burke.', 'jnm02e'], ['u/AdequateSizeAttache', 13, '2020-11-04 07:05', 'https://www.reddit.com/r/JonBenetRamsey/comments/jnm02e/the_only_things_holding_me_back_from_being/gb38p38/', 'Hi /u/klutzelk, \n\nI would suggest reading this post which addresses some of your questions: \n\n["True Crime Garage" made some very basic errors about Michael Helgoth](https://old.reddit.com/r/TrueCrimeGarage/comments/ecbqxj/true_crime_garage_made_some_very_basic_errors/)\n\nAs for his owning an SBTC cap, it\'s a claim that likely originated from the Ramsey\'s private investigators like the rest of the "incriminating evidence" about Helgoth did (you have to remember that John Ramsey even said their PIs were hired to keep them from going to jail). And as for whether it\'s true or not, I\'ve never been able to track down a credible source for it. It could be true, but in the context of the rest of the evidence it\'s meaningless imo.', 'jnm02e']]], ['u/Thrownfaraway32', 'TIFU by getting scammed with cryptocurrency by a Tinder match', 13, '2020-11-04 01:05', 'https://www.reddit.com/r/tifu/comments/jnm5kk/tifu_by_getting_scammed_with_cryptocurrency_by_a/', 'So, sorry about the long text in advance, but im afraid it\'s needed.\n\nSo a week or so ago, I matched with this pretty girl on Tinder, and we started talking along and everything seemed fine, she didn\'t seem off at all and responded rather personally and interested. A Chinese girl, in her 20\'s.\n\nWe talked for quite a few days, and one day, after i asked what she was doing at the moment she told me she was into trading as a hobby, since we talked about her main occupation of jewellery designer, and made quite a bit of money recently, that she was investing.\n\nSince I had a friend who knew a bit about it, and we talked lot about crypto and stuff, I thought I knew the basics or at least enough. She told me, after I asked, again, making no pressure, that she was investing in this new BLTO coin, in a market called\xa0Lenmo.com, again, all this in between good conversations and the typical stuff. Again, all of this in the span of days. \n\nMy stupid, greedy, high, horny and lonely ass totally fell for the compliments and offers to help getting started on that exchange place, all while warning me of its dangers as if caring about me.\n\nHer aunt was a finance advisor in Singapore and she had told her that this coin was going to be listed in 2 months time, At which point its value would be a lot bigger and selling the coin would mean a great profit. She was just sharing her plan with me, nothing seemed forced or off.\n\nShe sent screenshots of her investments in the likes of 20k in this exchange market, along with guiding me through all the process, just because i asked and i never for a second doubted a thing. Cant even begin to describe the felling of loss of trust in myself i feel right now.\n\nEverything was fine, no red flags, until just after I had made a conversion from bitcoin to BLTO\'s in\xa0Lenmo.com\xa0.\n\nFirst i needed some kind of invitation code to buy the coins, that she gave me, explaining it was to "prevent malicious registration". Unquestioned, the code was inserted.\n\nJust to see how i\'d do it later, I tried changing back from BLTO to bitcoin again, and the same option to buy more BLTO\'s appeared. I asked her and she explained it was because the coin hadn\'t been listed yet, so we were in the internal subscription stage, so you couldn\'t yet retrieve anything you had deposited. Somehow, i didn\'t question that.\n\nI say somehow sarcastically, I can see i\'m just stupid and greedy and easily deceivable.\n\nIn any case, we just talked a bit more about mundane stuff and she said she went to bed. Of course i only searched Lenmo after making the transaction, and found only an entry about it online on a forum:\xa0https://bitcointalk.org/index.php?topic=5284365.0\xa0, in which someone asks if anyone has ever heard of this exchange, and the consensus is that it is not only unknown, but a fake, and untrustworthy.\n\nSo, basically, i got scammed for 200 of my hard earned moneys, can no longer afford to go home for the holidays as i live abroad, and received a well deserved ego punch. I\'m not sure if she is going to reply tomorrow, but i have no idea how or even if i can get the money back if she answers, so i don\'t see the point in letting her know i\'ve realised my own stupidity.\n\nTL;DR: Matched with a girl on Tinder, she was cute and smart, had a hobbie of trading crypto and an aunt with inside info, showed me some photo of her investments and taught me how to trade to this great coin that was going to blow up, all in this fake exchange market, that took my already small funds and self confidence.', 'https://www.reddit.com/r/tifu/comments/jnm5kk/tifu_by_getting_scammed_with_cryptocurrency_by_a/', 'jnm5kk', [['u/cheech-wizard', 11, '2020-11-04 01:13', 'https://www.reddit.com/r/tifu/comments/jnm5kk/tifu_by_getting_scammed_with_cryptocurrency_by_a/gb28nam/', 'Always make financial decisions when you are high and horny.\n\nJust sayin...', 'jnm5kk'], ['u/necknecker', 10, '2020-11-04 01:40', 'https://www.reddit.com/r/tifu/comments/jnm5kk/tifu_by_getting_scammed_with_cryptocurrency_by_a/gb2bjkq/', 'Sorry you fell for this. But damn, It sounds easy AF to con straight guys out of money on dating sites.', 'jnm5kk']]], ['u/were-jj', 'worst paid cheat of all time', 32, '2020-11-04 01:05', 'https://www.reddit.com/r/Csgohacks/comments/jnm5o3/worst_paid_cheat_of_all_time/', 'Basically I know this guy who is an obnoxious asshole and he asked me if there was any good cheats out there since he wanted to use a skinchanger and stream proof esp to make himself look good, I want to play him so does anyone have any suggestions for the worst cheat I should make him buy, (must be paid and at least rat it’s own users and or leak it’s users ip or be a btc miner.) Also yeah I know it makes me seem like a bit of a douche but compared to him I’m an angel.\n\nThanks for your help\n\nEdit: I decided I’m gonna just make him buy zapped lifetime and tell him it’s 100% safe and that he is... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['AstraZeneca plc (NYSE: AZN ) has received the regulatory nod\xa0to conduct clinical trials of its COVID-19 vaccine in Chile and Peru, Reuters reported Wednesday. What Happened: Chile’s President Sebastian Pinera said that his nation’s health regulator had approved the British company’s vaccine trial, according to Reuters. According to Pinera, the clinical trial of Johnson & Johnson (NYSE: JNJ ) COVID-19 vaccine candidate is already underway and the doses of Sinovac’s vaccine arrived in the country on Wednesday. Peru announced that trials of Johnson and Johnson and AstraZeneca vaccines would begin next week, according to Reuters. The country had withdrawn a deal to purchase AstraZeneca’s vaccine two weeks ago as the company did not provide data on its vaccine studies. Why It Matters: Pinera also disclosed that Chile had signed up for 7.6 million doses of vaccine through the\xa0World Health Organization-led COVAX initiative. The World Bank is supporting COVAX and WHO’s efforts and has pledged billion in financing for developing countries to purchase and distribute COVID-19 vaccines, tests, and treatments. The United Kingdom-based AstraZeneca already has deals for the production and supply of its COVID-19 vaccine with multiple Latin American countries. Price Action: AstraZeneca shares closed nearly 6.5% higher at $55.04 on Wednesday and gained 0.11% in the after-hours session. See more from Benzinga Click here for options trades from Benzinga B Bitcoin Linked To FBI-Seized Darknet Market Silk Road Is On The Move After 5 Years: Report Trump Declares Victory Ahead Of Results From Key States © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'AstraZeneca plc(NYSE:AZN) has received the regulatory nod\xa0to conduct clinical trials of its COVID-19 vaccine in Chile and Peru, ReutersreportedWednesday.\nWhat Happened:Chile’s President Sebastian Pinera said that his nation’s health regulator had approved the British company’s vaccine trial, according to Reuters.\nAccording to Pinera, the clinical trial ofJohnson & Johnson(NYSE:JNJ) COVID-19 vaccine candidate is already underway and the doses of Sinovac’s vaccine arrived in the country on Wednesday.\nPeru announced that trials of Johnson and Johnson and AstraZeneca vaccines would begin next week, according to Reuters. The country had withdrawn a deal to purchase AstraZeneca’s vaccine two weeks ago as the company did not provide data on its vaccine studies.Why It Matters:Pinera also disclosed that Chile had signed up for 7.6 million doses of vaccine through the\xa0World Health Organization-ledCOVAX initiative.\nThe World Bank is supporting COVAX and WHO’s efforts and has pledgedbillion in financingfor developing countries to purchase and distribute COVID-19 vaccines, tests, and treatments.\nThe United Kingdom-based AstraZeneca already has deals for theproduction and supplyof its COVID-19 vaccine with multiple Latin American countries.\nPrice Action:AstraZeneca shares closed nearly 6.5% higher at $55.04 on Wednesday and gained 0.11% in the after-hours session.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• B Bitcoin Linked To FBI-Seized Darknet Market Silk Road Is On The Move After 5 Years: Report\n• Trump Declares Victory Ahead Of Results From Key States\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Wasabi Wallet, the privacy-focused bitcoin software wallet, has set a broad timeframe for the release of Wasabi Wallet 2.0. The goal is not only to make the wallet easier to use as more people start adopting bitcoin, but also to implement the privacy improvements of the WabiSabi protocol, including making CoinJoins automatic by default. In a blog post laying out the launch timeline of the wallet, Wasabi announced the updated version would get a full UI (user interface) rewrite and user experience improvements, as well as make a CoinJoin easier for your average user. At the moment the team is in the midst of first steps for all three of these developments. While the most likely timeline for release is nine months, it could take as few as three or as many as 14. The post also said manual coinjoining will be a thing for “power-users only.” Related: Bitcoin Hits $15,000: Here Comes the FOMO Read more: Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values “Wasabi adds complications to traditional Bitcoin wallet workflows with its manual coinjoining process and its mandatory coin control features,” said Adam Ficsor, Wasabi co-founder and lead researcher, in an email to CoinDesk. “To improve upon these we’re planning to make coinjoining automatic by default and build upon the realization that coin control is mostly friction when the user would like to spend conjoined coins, so we should be able to introduce a simple send for that.” Automatic CoinJoins A CoinJoin is a method for bitcoin (BTC) users to make their payments harder to track by combining multiple payments from multiple senders into a transaction, muddying the ability of third parties to see who paid whom. Related: Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases Ficsor said his plan currently is that at wallet creation, users would be asked if they want the wallet to take care of CoinJoins or whether they’d prefer to do it manually, as is the case now. Users would also set a privacy target (Ficsor tossed out levels such as none, some, high and Snowden) and then everything would happen automatically from there. Story continues “CoinJoins would be done while the wallet is open (and even when it isn’t) so all the user would have to do is use its wallet like a normal bitcoin wallet,” said Ficsor. He did say that while this is his plan, the final product could turn out differently based on what the team learns along the way. How WabiSabi improves on CoinJoins In the original Wasabi Wallet, there were limits to the functionality of CoinJoins. My colleague Colin Harper wrote about some of these earlier this year : “For this to work effectively, each user in a CoinJoin transaction must send a minimum amount of bitcoin to the mixing pool (e.g., 0.1, 0.01, etc) so as to ensure that they receive the same output as other users when the CoinJoin is complete,” Harper wrote. “If recipients don’t receive the same amount of bitcoin at the end of a join as other users in the mix, the transactions could be easily de-anonymized by blockchain surveillance.” Read more: Europol Names Privacy Wallets, Coins, Open Marketplaces as ‘Top Threats’ in Internet Crime Report Typically, the coordinator of a CoinJoin also has insight into a user’s information, that could allow them to link inputs to a user. WabiSabi, which will launch with the Wasabi Wallet 2.0, works to address some of these limitations by allowing users to input different amounts of BTC, independent of what other participants put in – which, let’s be honest, is how most people spend money. The coordinator role will still exist. How this helps the average user Ficsor said for average users the only uncomfortable thing they might experience with Wasabi Wallet 2.0 is that it may take a while until CoinJoins happen. This means if the users receive coins to their wallets, then it’d be automatically coinjoined in the background, and that may take a while. If users are in a hurry and want to spend their money before it’s coinjoined, they would have to utilize the manual coin control tab and figure it out, given spending non-coinjoined coins without coin control is “privacy suicide,” according to Ficsor. “That being said, I think in 99% of the cases there will always be coinjoined coins to spend from, so this wouldn’t really occur that often.” Related Stories Wasabi Wallet 2.0 Will Offer Automatic CoinJoins by Default to Boost Privacy Wasabi Wallet 2.0 Will Offer Automatic CoinJoins by Default to Boost Privacy', 'Wasabi Wallet, the privacy-focused bitcoin software wallet, has set a broad timeframe for the release of Wasabi Wallet 2.0. The goal is not only to make the wallet easier to use as more people start adopting bitcoin, but also to implement the privacy improvements of the WabiSabi protocol, including making CoinJoins automatic by default.\nIn a blog post laying out thelaunchtimeline of the wallet, Wasabi announced the updated version would get a full UI (user interface) rewrite and user experience improvements, as well as make a CoinJoin easier for your average user. At the moment the team is in the midst of first steps for all three of these developments. While the most likely timeline for release is nine months, it could take as few as three or as many as 14.\nThe post also said manual coinjoining will be a thing for “power-users only.”\nRelated:Bitcoin Hits $15,000: Here Comes the FOMO\nRead more:Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values\n“Wasabi adds complications to traditional Bitcoin wallet workflows with its manual coinjoining process and its mandatory coin control features,” said Adam Ficsor, Wasabi co-founder and lead researcher, in an email to CoinDesk.\n“To improve upon these we’re planning to make coinjoining automatic by default and build upon the realization that coin control is mostly friction when the user would like to spend conjoined coins, so we should be able to introduce a simple send for that.”\nA CoinJoin is a method forbitcoin(BTC) users to make their payments harder to track by combining multiple payments from multiple senders into a transaction, muddying the ability of third parties to see who paid whom.\nRelated:Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases\nFicsor said his plan currently is that at wallet creation, users would be asked if they want the wallet to take care of CoinJoins or whether they’d prefer to do it manually, as is the case now. Users would also set a privacy target (Ficsor tossed out levels such as non **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: 2020-11-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $261,664,776,750 - Hash Rate: 122675182.48120748 - Transaction Count: 318668.0 - Unique Addresses: 729209.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Signature Bank’s deposits grew by over $4 billion. Non-profits have rejected bitcoin donations made from hackers. And a FinCEN investigation raises questions about bitcoin mixers and the Bank Secrecy Act. Here’s all the news people are talking about in crypto today. Corporate DeFi?R3’s open-source variation of its enterprise blockchain, Corda Network, will see the addition ofa native cryptocurrency.The new coin, called XDC, will open the gates to build central bank digital currencies (CBDCs) and decentralized finance applications (DeFi) on the network. Programmed by the Cordite Society, a group of former bankers building decentralized tools, the XDC system will have compliance baked in to meet anti-money laundering (AML) standards, as every node represents a legal entity, CoinDesk’s Ian Allison reports. The Cordite Network is welcoming new members to vote on the rate of supply of XDC and other points of governance going forward. Ironic outcomeUniswap’s first voting process demonstrated the need tooverhaul its governance system,Dharma CEO Nadav Hollander has said, following a “disappointing outcome.” The vote was over reducing the token threshold required to make and pass proposals on the protocol. Despite 98% of the votes cast being in favor of a proposed change, the total number needed for a successful vote fell short of the 40 million required by about 400,000. A successful vote would have seen this requirement drop by around a third. Hollander also said the vote “galvanized users to delegate in much higher numbers,” which was a “healthy outcome for Uniswap.” Related:First Mover: PayPal Rushes in and Bitcoin Breaches $12K, While USDC Gains on Tether Dirty moneyRobinhood-esque hackers who stole from corporations to give to charities have seen theirdonations rebuked.Members of the hacking group Darkside attempted to givebitcoindonations to two non-profits, Children International and The Water Project. The group used ransomware to steal from profitable companies with the intention of giving “some of the money” to charity, according to a BBC report citing a darknet blog. To make the donations, the cybercriminals used the service offered by The Giving Block, a U.S.-based project that converts donations into dollars for charities not set up to handle cryptocurrencies. “If the donation is linked to a hacker, we have no intention of keeping it,” Children International said. CBDC platformLINE Corporation, operator of the popular messaging app, is jumping into the CBDC game with aplatform to allow central banks to develop digital currencies.The platform reportedly will help central banks develop customized, blockchain-based CBDCs by offering tools to issue digital tokens, tokenize assets and run decentralized applications (known as dapps). LINE is not alone. Mastercard recently released a platform allowing central banks to test how proposed digital currencies would work in real life. A LINE representative told South Korean newspaper Chosun that “major” Asian nations are already in discussions with the firm, though they could not disclose which ones. Deposit growthDeposits at crypto-friendly Signature Bank grew by$4.11 billion,an 8% increase, in the third quarter of 2020. Over the past year, deposits have grown by $15.28 billion, or nearly a 40% increase, according to the bank’s earnings release. Signature reports $54.34 billion in total deposits. “Crypto firms are often a rich source of low-cost deposits for the few banks that openly serve the sector. As such, analysts have paid close attention to deposit growth at Signature, Silvergate Bank and Metropolitan Commercial Bank,” CoinDesk’s Nathan DiCamillo reports. • How Will Bitcoin Lead to More Freedom?(Jim Epstein/Reason) • Closing Time for Bitcoin’s Iconic Room 77 – ‘And That’s OK,’ Says Owner(Colin Harper/CoinDesk) • Polymarket Raises Massive $4 Million Round From Polychain, Naval Ravikant, Other Notable Investors(Rory Murray/Forbes) • The Yield Protocol – which enables fixed-rate lending on Ethereum – is live(Mike Orcutt/The Block) • Grayscale Bitcoin Products Underperform for Month: Report(Jeff Benson/Decrypt) Bitcoin & the BSAThe executive behind the Helix and Coin Ninjabitcoin mixing services will pay a $60 million fine,following a Financial Crimes Enforcement Network (FinCEN) investigation that raises questions around the legality and future of these privacy-protecting tools. Related:First Mover: Monero Leads Privacy-Coin Rally as Bitcoin Trips on Path to $12K Bitcoin mixers are services designed to anonymize the source of funds. The U.S. financial watchdog hailed these civil charges as the “first” action against a bitcoin mixer. It was also said to be the first time the U.S. Department of Justice explicitly called bitcoin mixing a “crime,” casting a shadow on any service that obscures bitcoin’s publicly accessible path, CoinDesk’s Danny Nelson reported. Prosecutors allege Harmon ran the unregistered money services business Helix from 2014 to 2017, conducting 1,225,000 transactions for customers and is “associated with virtual currency wallet addresses that have sent or received over $311 million.” From 2017 on, prosecutors say Harmon provided money transmission services via Coin Ninja. Each of these transactions are said to be in violation of the Banking Secrecy Act. Prosecutors also said Harmon had a responsibility to file suspicious activity reports and systemically flouted U.S. money laundering laws. “If you’re in the crypto space you’re about to become as familiar with the BSA as you think you are with the 33 and 34 acts and the Howey test,”Stephen Palley, a partner in the Washington, D.C. office of Anderson Kill, tweeted. “Each one of these violations is a separate violation of the BSA.  That is why the penalty is so massive.” “The max penalty is $209,144,554. That’s a gobsmackingly enormous number because BSA non-compliance is heavily penalized and because FinCEN really really wants you to comply and really really wants you to be in pain if you don’t comply,”Drew Hinkes, an attorney with Carlton Fields, tweeted. Harmon also faces criminal proceedings in U.S. federal court. • Blockchain Bites: Bitcoin and the BSA, Signature Deposit Growth, Darknet Crypto Donors • Blockchain Bites: Bitcoin and the BSA, Signature Deposit Growth, Darknet Crypto Donors... - Reddit Posts (Sample): [['u/Polish_Sensation', 'What alts are you considering as your safest bets for 2021?', 24, '2020-11-05 04:49', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/', 'I have an alt portfolio that is very 2018, where I got dominated loading up on projects like Tron, Neo, NCash and Substratum at the cycle’s peak (😂 at me).\n\nChanged my strategy and began focusing on accumulating as much Bitcoin as possible. Now I’m starting to look at my portfolio overall and feel the need to diversify a little, you know get involved in some of the “new-aged” alts. \n\nI’m curious, what alts are you most confident will bring you gains as we move into next year?', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/', 'jobqqt', [['u/nanselmo92', 13, '2020-11-05 05:29', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/gb736h3/', 'Cardano for sure.. exciting next 6 months', 'jobqqt'], ['u/The-Creek-Walker', 15, '2020-11-05 05:45', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/gb74lzs/', "I'm filling my cardano bag to the brim", 'jobqqt'], ['u/Frizerra', 13, '2020-11-05 06:51', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/gb7aazk/', "Honestly, Just Ethereum.\n\nI got burnt hard in 2017, and I don't want to any bags. For alts, going for projects that actually deliver and don't just make promises and claims will be fruitful :) So keep that in mind, actions over words!", 'jobqqt'], ['u/SenatusSPQR', 13, '2020-11-05 07:56', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/gb7f4v8/', "I don't see Nano as a bet, so I'm not sure whether it counts as a response to your question, but I do feel confident that Nano will bring me most gains in the long run. Whether that's necessarily next year, I do not know. However, in the long run I believe that demand for a pure cryptocurrency that compares very favorably to Bitcoin when it comes to transactions will increase, all the more so when transaction fees for Bitcoin shoot up and transaction times shoot up with it. It's almost an advertisement for Nano, and I think that that is going to work out positively.\n\nOn top of that, there are a lot of cool developments happening in Nano that make me optimistic about the future. WeNano is getting quite some attention, store owners could use this to get crypto-enthusiasts to come check out their store. [RoboCash](http://disruptionbanking.com/2020/08/19/talking-about-fyncom-with-robocash-from-california/) is a fantastic, patented way to fight spam calls that I feel could really catch on. Nendly is a cool new forum that uses Nano as a sort of reward service (similar to moons). And in possibly even bigger news, an Unreal Engine Nano plugin was created, which creates an excellent way for developers to jump on the crypto hype train and allows them to incorporate payments into their game. If you're going to incorporate crypto into your game, it doesn't get much better than a crypto that allows instant, feeless value transfers. \n\nRealistically, any of those services really catch on and that's a massive increase in adoption for Nano, and a massive increase in price for Nano. To me it feels like the developers have been getting Nano ready for years, so that on a protocol level it's ready to handle the adoption that's soon coming. And because Nano scales so well, once adoption starts it's just going to be able to keep increasing.\n\nSo yeah, I think Nano is definitely going to see a big increase in adoption one way or another, and I'm looking forward to it.", 'jobqqt'], ['u/Thc420Vato', 11, '2020-11-05 07:58', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/gb7fbfd/', 'Cardano, its safe to say that its price will 2-3x with ease once Gougen/Smart contracts update comes out in 6 months. Some even think that it might hit ATH by the end of 2021, because the tech behind it will be worth it.', 'jobqqt'], ['u/MoreTransliteration', 11, '2020-11-05 18:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jobqqt/what_alts_are_you_considering_as_your_safest_bets/gb8wiay/', 'I love Monero but also have a lot of faith in Cardano.', 'jobqqt']]], ['u/AutoModerator', '[Daily Discussion] Thursday, November 05, 2020', 114, '2020-11-05 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/', 'jobzlv', [['u/Upvote_Me_Slag', 13, '2020-11-05 05:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb7297b/', 'Difficult territory to chart. US election and global uncertainty make this feel like we are discovering new lands. Btc is however proving very strong.', 'jobzlv'], ['u/Nagosh', 18, '2020-11-05 05:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb733rx/', "Not gonna lie, was tripped up into shorting yesterday. I've been thinking the market is waiting for some kind of catalyst to sell off, regardless of whether or not that catalyst has anything to do with bitcoin. Even without the results, I thought the election might be it so I shorted at 13,600. Not the worst place, though, as I'm still confident we'll see 12k sometime soon. But [my current channel resistance is at 14,550](https://share.cryptowat.ch/charts/buhlensijsgbpv1estng-coinbase-pro-btcusd.png). I even have a little arrow pointing to 14,800 over the next few days before we finally retrace, so I messed this entry up pretty badly.\n\nFurthermore, the strength of the current market is pretty amazing. I'm not confident enough to call it just yet like I have the [previous](https://www.reddit.com/r/BitcoinMarkets/comments/hsoyqb/daily_discussion_friday_july_17_2020/fyfd5ev?utm_source=share&utm_medium=web2x&context=3) [three](https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nexnz?utm_source=share&utm_medium=web2x&context=3) [times](https://www.reddit.com/r/BitcoinMarkets/comments/j5cuig/daily_discussion_monday_october_05_2020/g7v353o?utm_source=share&utm_medium=web2x&context=3), but we may not see sub 12k ever again, and that's pretty startling.", 'jobzlv'], ['u/aphelio', 10, '2020-11-05 05:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb75zn0/', 'Bought my first chunk of a Bitcoin at around this price level catching a falling knife down from 2017 ATH. In contrast, I have a friend who grabbed a full coin for himself at $4k in 2019. Since then, he cashed out at $9.3k in July 2020, citing "Bitcoin is too boring". Moral of the story: it\'s pretty tough to f this up, folks.', 'jobzlv'], ['u/dexX7', 21, '2020-11-05 06:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb76xph/', "While some anecdotal evidence suggests friends and family want to get back in, Google trends still doesn't back this up on a broader scale:\n\nhttps://trends.google.com/trends/explore?date=today%205-y&q=Bitcoin", 'jobzlv'], ['u/girlshero', 12, '2020-11-05 06:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb78joa/', 'Go Satoshi go!', 'jobzlv'], ['u/aphelio', 10, '2020-11-05 06:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb7aiau/', "Agreed, he's already behind. But then again, he did double up. Also he bought a house so probably needed the cash. To each their own ride I suppose.", 'jobzlv'], ['u/alieninthegame', 12, '2020-11-05 07:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb7bnlz/', "I'll comment again: Holding higher than 2019 peak and still only at 50% of last year's Google trends value. Wild.", 'jobzlv'], ['u/Longlang', 23, '2020-11-05 07:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb7c7er/', 'This sub has been uncharacteristically quiet considering how the price has been skyrocketing over the last couple days... Is there something else going on right now?', 'jobzlv'], ['u/anchoricex', 10, '2020-11-05 07:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/jobzlv/daily_discussion_thursday_november_05_2020/gb7cfi1/', 'my theory is that too many people are in alts and they hurtin', 'jobzlv'], ['u/girlshero... 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:** ['Hey everybody Dave Bartosiak with Trending Stocks. Big shout out to all my HODLERs out there. Your day in the sun has finally come! Bitcoin is surging right now, pushing up over $15,000 for the first time since January 2018. Does that mean you nerds can finally tell everyone else, “Told you so!” I wish you could celebrate by buying the newNVIDIA (NVDA)RTX 3000 series, but unless you want to pay a King’s Ransom oneBay (EBAY), I suggest you hang onto that bitcoin.\nWe know what this means for the younger crowd. Your fraction of a bitcoin has netted you a whopping $428 in profits. Now you can’t wait to tell me how trading stocks in an old man’s game and I should turn my attention to crypto. Not so fast buddy. There are still many ways to play the bitcoin boom in the regular old boring stock market. In fact, we have an entire portfolio here at Zacks, run by a handsome, albeit furry-faced man. You know exactly what I’m talking about folks, Blockchain Innovators. Rather than give away the secret sauce here, I want to take a look at a stock that is not in the portfolio, yet has been moving along with bitcoin quite dramatically.\nTake a look here atMicrostrategy (MSTR).The company says they are a leading worldwide provider of business intelligence software. At the surface, that seems like a loose correlation at best to blockchain, let alone bitcoin. However, Microstrategy has been quietly adding bitcoin reserves to its balance sheet. As of September 15th, the company had $425 million of bitcoin. On that date, bitcoin closed the day trading a little more than $10,000. Today’s breakout over $15k means these holdings are now worth nearly $650 million. That $200 million plus move higher won’t be reflected in the company’s revenue, because they are merely keeping in on their balance sheet. But if they did, check this out…\nCurrent quarter revenue for the company is only forecast to come in at $124.6 million. Next quarter is forecast at $119.59 million. The bitcoin holdings have appreciated nearly enough to surpass both these quarters combine.\nThe stock chart here sure does not look like a stock which is moving sideways with earnings estimates which are dipping. There’s been a huge divergence between the stock price and earnings. The culprit, the bitcoin holdings. While that’s all great when bitcoin is on the move higher, it puts the stock into some serious risk territory when the music stops. If the bitcoin move can continue, look for Microstrategy to continue to run. If bitcoin reverses, lookout below Microstrategy.\nEvery time you share this video, John McAfee escapes from prison, only to be caught again somewhere in the Caribbean after promoting another ICO. CLICK FOLLOW THE AUTHOR! Subscribe to the YouTube channel, Twitter @bartosiastics, and check out Zacks.com/promo for our sizzling deal on Zacks Ultimate.\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 reportNVIDIA Corporation (NVDA) : Free Stock Analysis ReportMicroStrategy Incorporated (MSTR) : Free Stock Analysis ReporteBay Inc. (EBAY) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research', 'Hey everybody Dave Bartosiak with Trending Stocks. Big shout out to all my HODLERs out there. Your day in the sun has finally come! Bitcoin is surging right now, pushing up over $15,000 for the first time since January 2018. Does that mean you nerds can finally tell everyone else, “Told you so!” I wish you could celebrate by buying the new NVIDIA (NVDA) RTX 3000 series, but unless you want to pay a King’s Ransom on eBay (EBAY) , I suggest you hang onto that bitcoin. We know what this means for the younger crowd. Your fraction of a bitcoin has netted you a whopping $428 in profits. Now you can’t wait to tell me how trading stocks in an old man’s game and I should turn my attention to crypto. Not so fast buddy. There are still many ways to play the bitcoin boom in the regular old boring stock market. In fact, we have an entire portfolio here at Zacks, run by a handsome, albeit furry-faced man. You know exactly what I’m talking about folks, Blockchain Innovators. Rather than give away the secret sauce here, I want to take a look at a stock that is not in the portfolio, yet has been moving along with bitcoin quite dramatically. Take a look here at Microstrategy (MSTR). The company says they are a leading worldwide provider of business intelligence software. At the surface, that seems like a loose correlation at best to blockchain, let alone bitcoin. However, Microstrategy has been quietly adding bitcoin reserves to its balance sheet. As of September 15 th , the company had $425 million of bitcoin. On that date, bitcoin closed the day trading a little more than $10,000. Today’s breakout over $15k means these holdings are now worth nearly $650 million. That $200 million plus move higher won’t be reflected in the company’s revenue, because they are merely keeping in on their balance sheet. But if they did, check this out… Current quarter revenue for the company is only forecast to come in at $124.6 million. Next quarter is forecast at $119.59 million. The bitcoin holdings have appreciated nearly enough to surpass both these quarters combine. Story continues The stock chart here sure does not look like a stock which is moving sideways with earnings estimates which are dipping. There’s been a huge divergence between the stock price and earnings. The culprit, the bitcoin holdings. While that’s all great when bitcoin is on the move higher, it puts the stock into some serious risk territory when the music stops. If the bitcoin move can continue, look for Microstrategy to continue to run. If bitcoin reverses, lookout below Microstrategy. Every time you share this video, John McAfee escapes from prison, only to be caught again somewhere in the Caribbean after promoting another ICO. CLICK FOLLOW THE AUTHOR! Subscribe to the YouTube channel, Twitter @bartosiastics, and check out Zacks.com/promo for our sizzling deal on Zacks Ultimate. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report eBay Inc. (EBAY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research', 'Hey everybody Dave Bartosiak with Trending Stocks. Big shout out to all my HODLERs out there. Your day in the sun has finally come! Bitcoin is surging right now, pushing up over $15,000 for the first time since January 2018. Does that mean you nerds can finally tell everyone else, “Told you so!” I wish you could celebrate by buying the newNVIDIA (NVDA)RTX 3000 series, but unless you want to pay a King’s Ransom oneBay (EBAY), I suggest you hang onto that bitcoin.\nWe know what this means for the younger crowd. Your fraction of a bitcoin has netted you a whopping $428 in profits. Now you can’t wait to tell me how trading stocks in an old man’s game and I should turn my attention to crypto. Not so fast buddy. There are still many ways to play the bitcoin boom in the regular old boring stock market. In fact, we have an entire portfolio here at Zacks, run by a handsome, albeit furry-faced man. You know exactly what I’m talking about folks, Blockchain Innovators. Rather than give away the secret sauce here, I want to take a look at a stock that is not in the portfolio, yet has been moving along with bitcoin quite dramatically.\nTake a look here atMicrostrategy (MSTR).The company says they are a leading worldwide provider of business intelligence software. At the surface, that seems like a loose correlation at best to blockchain, let alone bitcoin. However, Microstrategy has been quietly adding bitcoin reserves to its balance sheet. As of September 15th, the company had $425 million of bitcoin. On that date, bitcoin closed the day trading a little more than $10,000. Today’s breakout over $15k means these holdings are now worth nearly $650 million. That $200 million plus move higher won’t be reflected in the company’s revenue, because they are merely keeping in on their balance sheet. But if they did, check this out…\nCurrent quarter revenue for the company is only forecast to come in at $124.6 million. Next quarter is forecast at $119.59 million. The bitcoin holdings have appreciated nearly enough to surpass both these quarters combine.\nThe stock chart here sure does not look like a stock which is moving sideways with earnings estimates which are dipping. There’s been a huge divergence between the stock price and earnings. The culprit, the bitcoin holdings. While that’s all great when bitcoin is on the move higher, it puts the stock into some serious risk territory when the music stops. If the bitcoin move can continue, look for Microstrategy to continue to run. If bitcoin reverses, lookout below Microstrategy.\nEvery time you share this video, John McAfee escapes from prison, only to be caught again somewhere in the Caribbean after promoting another ICO. CLICK FOLLOW THE AUTHOR! Subscribe to the YouTube channel, Twitter @bartosiastics, and check out Zacks.com/promo for our sizzling deal on Zacks Ultimate.\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 reportNVIDIA Corporation (NVDA) : Free Stock Analysis ReportMicroStrategy Incorporated (MSTR) : Free Stock Analysis ReporteBay Inc. (EBAY) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research', '(Bloomberg) -- Square Inc.’s quarterly sales more than doubled, underscoring a surge in demand for Bitcoin trades, stock purchases and other financial transactions by customers cooped up during the global pandemic. The stock rose 5% in after-hours tradin **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: 2020-11-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $261,664,776,750 - Hash Rate: 127682332.78656287 - Transaction Count: 340351.0 - Unique Addresses: 756129.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin advanced on Monday, ending a 10-day-long price consolidation, as the U.S. dollar weakened against gold and fiat currencies. • The number one cryptocurrency by market value printed a high of $10,691 at 14:05 UTC, the highest level since Sept. 4, according to CoinDesk’sBitcoin Price Index. • The bulls finally led the price action, having shown little interest in the preceding 10 days when the cryptocurrency was stuck in a narrow range of $10,000 to $10,500. • On-chain metricskept improving despite the price pullback from $12,000 to $10,00 earlier this month. Many expected a breakout. • While bitcoin gained over 3%, gold, a classic haven asset, rose 1% to $1,960 per ounce, according to data sourceTradingView. • The 60-day correlation between bitcoin and gold recently rose to a record high above 0.5. Correlations move between 0 to 1. • Correlations whose magnitude are between 0.5 and 0.7 indicate the two assets are moderately positively correlated. Above 0.7 means a strong positive correlation, meaning the two assets are moving in tandem. • Meanwhile, the U.S. Dollar Index, which gauges the greenback’s value against a basket of major currencies, fell by 0.4%. • Bitcoin has evolved as a macro asset since the beginning of the coronavirus pandemic in March and has increasingly taken cues from the action in the forex markets and gold in Q3 2020. Also read: Against the Odds, Some Bitcoin Traders Are Bettingon a $36K Priceby Year’s End • Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend • Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend • Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend • Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend... - 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, BTC to USD, rose by 0.03% on Friday. Consolidating Thursday’s 10.01% breakout, Bitcoin ended the day at $15,572.9.\nIt was a mixed start to the day. Bitcoin rallied to an early morning intraday high $15,888.0 before hitting reverse.\nFalling sort of the first major resistance level at $16,160, Bitcoin slid to a late intraday low $15,179.0.\nSteering well clear of the first major support level at $14,540, Bitcoin bounced back to $15,600 levels before easing back to sub-$16,000 levels. A final hour move reversed the losses from earlier in the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nCrypto.com Coin fell by 1.27% to buck the trend on the day.\nIt was a particularly bullish day for the rest of the majors, however.\nCardano’s ADA and Chainlink surged by 12.11% and by 10.78% respectively to lead the way\nEthereum (+9.43%), Litecoin (+7.23%), Polkadot (+8.53%), and Ripple’s XRP (5.12%) also found strong support.\nBinance Coin (+4.97%), Bitcoin Cash ABC (+2.38%), and Bitcoin Cash SV (+3.25%), trailed the front runners.\nFor the current week, the crypto total market cap fell to a Tuesday low $379.41bn before hitting a Friday high $456.16bn. At the time of writing, the total market cap stood at $447.23bn.\nBitcoin’s dominance fell to a Monday low 63.16% before rising to a Friday high 66.51%. At the time of writing, Bitcoin’s dominance stood at 64.87%.\nAt the time of writing, Bitcoin was up by 0.24% to $15,610.0. A mixed start to the day saw Bitcoin fall to an early morning low $15,534.0 before rising to a high $15,655.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Bitcoin Cash ABC (+1.66%), Chainlink (1.93%), and Ethereum (+1.46%) led the way.\nBitcoin would need to avoid a fall through the pivot level at $15,547 to bring the first major resistance level at $15,914 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $15,888.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $16,000 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level at $16,256 and resistance at $16,500.\nFailure to avoid a fall through the $15,547 pivot would bring the first major support level at $15,205 into play.\nBarring an extended crypto sell-off, Bitcoin should continue to steer clear of sub-$15,000 levels. The second major support level sits at $14,838.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Markets Continue to Grind Higher\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Attempt to Recovery\n• European Equities: A Week in Review – 06/11/20\n• Natural Gas Price Prediction – Prices Drop Through Trendline Support on Warm Weather Forecast\n• Natural Gas Weekly Price Forecast – Natural Gas Fills The Gap\n• Silver Weekly Price Forecast – Silver Markets Have Strong Week', 'Bitcoin, BTC to USD, rose by 0.03% on Friday. Consolidating Thursday’s 10.01% breakout, Bitcoin ended the day at $15,572.9. It was a mixed start to the day. Bitcoin rallied to an early morning intraday high $15,888.0 before hitting reverse. Falling sort of the first major resistance level at $16,160, Bitcoin slid to a late intraday low $15,179.0. Steering well clear of the first major support level at $14,540, Bitcoin bounced back to $15,600 levels before easing back to sub-$16,000 levels. A final hour move reversed the losses from earlier in the day. The near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin fell by 1.27% to buck the trend on the day. It was a particularly bullish day for the rest of the majors, however. Cardano’s ADA and Chainlink surged by 12.11% and by 10.78% respectively to lead the way Ethereum (+9.43%), Litecoin (+7.23%), Polkadot (+8.53%), and Ripple’s XRP (5.12%) also found strong support. Binance Coin (+4.97%), Bitcoin Cash ABC (+2.38%), and Bitcoin Cash SV (+3.25%), trailed the front runners. For the current week, the crypto total market cap fell to a Tuesday low $379.41bn before hitting a Friday high $456.16bn. At the time of writing, the total market cap stood at $447.23bn. Bitcoin’s dominance fell to a Monday low 63.16% before rising to a Friday high 66.51%. At the time of writing, Bitcoin’s dominance stood at 64.87%. This Morning At the time of writing, Bitcoin was up by 0.24% to $15,610.0. A mixed start to the day saw Bitcoin fall to an early morning low $15,534.0 before rising to a high $15,655.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Bitcoin Cash ABC (+1.66%), Chainlink (1.93%), and Ethereum (+1.46%) led the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $15,547 to bring the first major resistance level at $15,914 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $15,888.0. Barring an extended crypto rally, the first major resistance level and resistance at $16,000 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $16,256 and resistance at $16,500. Failure to avoid a fall through the $15,547 pivot would bring the first major support level at $15,205 into play. Barring an extended crypto sell-off, Bitcoin should continue to steer clear of sub-$15,000 levels. The second major support level sits at $14,838. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Markets Continue to Grind Higher Crude Oil Weekly Price Forecast – Crude Oil Markets Attempt to Recovery European Equities: A Week in Review – 06/11/20 Natural Gas Price Prediction – Prices Drop Through Trendline Support on Warm Weather Forecast Natural Gas Weekly Price Forecast – Natural Gas Fills The Gap Silver Weekly Price Forecast – Silver Markets Have Strong Week', 'Fintech Header Quantopian Joins Robinhood To Unlock Finance The Nitty-Gritty: Founded in 2011 to inspire and unlock access to algorithmic investing, Quantopian’s co-founder and CTO John Fawcett released a blog post on his team’s intent to integrate with commission-free broker Robinhood. “The Quantopian team is joining Robinhood to continue to pursue our passion for opening access to markets and democratizing the financial system,” he said. “Quantopian has always stood for greater access and deeper education, so we are fundamentally aligned with Robinhood’s mission to democratize finance for all.” The development comes after the firm raised nearly $50 million in funds with participation from some well-known investors including Point72 Ventures, Andreessen Horowitz, Anthemis Group, among others. The company used the funds to spur the development of algorithmically-driven strategies that minimize risk through a combination of long and short positions. After mixed success evaluating new opportunities to derive alpha as well as provide value to participating creators and investors, the firm decided it will retire its community and related services on Nov. 14, 2020. Fintech Awards Finalist: Wilshire Phoenix About Wilshire Phoenix: Founded in 2018, Wilshire Phoenix is a fintech specializing in investor experiences. The company is at the forefront of financial innovation, tracking and analyzing shifting financial landscapes to develop products for the various challenges investors face. Core Product: Wilshire Phoenix allows investors exposure to emerging market trends not traditionally covered by existing products. The company’s core product portfolio consists of the following funds which are currently in registration with the SEC: wShares Enhanced Gold Trust wShares Bitcoin Commodity Trust Innovation Outlook: Going forward, Wilshire Phoenix looks to be on the front lines of innovation in the ETF and index fund space. It will accomplish this by expanding its wShares product offering through proprietary methodologies. Story continues “Launching wShares is a testament to all the hard work that our team has devoted over the past few years,” said managing partner William Herrmann. “We’re now one step closer to bringing our products to market. We thrive on pushing boundaries and will continue to do so. Investors deserve better access to differentiated strategies.” Fintech Awards Finalist: Accern About Accern: Founded in 2014, Accern specializes in AI workflows for enterprises. The company is a pioneer in the no-code industry, allowing leading organizations, such as Allianz SE, IBM Corporation, and Jefferies Financial Group, the ability to build and deploy AI solutions with ease. Core Product: Accern comes as a holistic solution for scaling AI adoption in tech-focused organizations. The company’s core product portfolio consists of solutions catered to the following industries: Asset Managers: Uncover ideas, accelerate portfolio intelligence, and manage risk. Asset Owners: Perform due diligence, monitor external investments, and manage risk. Wealth Managers: Provide client-specific advice and product recommendations. Quantitative Managers: Create alternative data sets, and construct investment signals. Private Markets: Screening, enhanced due diligence, and monitor portfolio companies. Insurance: Detect fraud, improve underwriting and distribution, and automate claims. Banking: Improve lending deci **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: 2020-11-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $288,046,873,409 - Hash Rate: 121840657.43031491 - Transaction Count: 270901.0 - Unique Addresses: 608746.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As soon as COVID-19 hit the globe, social distancing mandates and fears that notes may be carriers of the virus made the concept of digital currency popular. Be it corporations or central banks – all are mulling over the greater acceptance of cryptocurrencies. Notably, bitcoin is up about 80% this year as cryptocurrencies are drawing considerable attention this year. Bitcoin crossed the mark of $12,000 lately and marked its highest level since July 2019 on Oct 21. On Oct 21,PayPal Holdings IncPYPL announced that it will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service makes PayPal one of the largest U.S. companies to provide consumers access to cryptocurrencies. This is great news for bitcoin and rival cryptocurrencies. Bitcoin jumped about 7% on Oct 21 on the PayPal news. PayPal competitorSquareSQ launched support for bitcoin back in 2018 through its Cash app. Square also bought $50 million in bitcoin this month as part of larger investment in cryptocurrency. However, PayPal is broadening the area by supporting bitcoin, Ethereum, Bitcoin Cash, and Litecoin. PayPal also plans to extend support to its money-sending subsidiary Venmo and international markets starting in the first half of 2021. For now, the plan is only to support U.S. users. Notably, U.S. account holders will be able to buy, sell and hold cryptocurrencies in their PayPal wallets over the coming weeks, the company said, as quoted on Reuters. Other companies those accept bitcoins includeMicrosoftMSFT,AT&TT,Dish Network(DISH)Burger King,Domino’s PizzaDPZ,Goldman Sachs(GS),Intuit Inc.(INTU), American online retailer Overstock,Shopify(SHOP),Virgin Galactic(SPCE),Zynga(ZNGA) andEtsy(ETSY) among others. Several central banks are considering the rollout of CBDCs lately. China has been taking serious moves toward no-touch payments. In efforts to match with China, seven major central banks last week set the key principles for issuing CBDCs, per Reuters. China's recent experimental $1.5 million (1.16 million pounds) giveaway of digital yuan to Shenzhen citizens received kudos from currency analysts. Sweden’s Central Bank, Riksbank is also conducting a pilot project with Accenture to prepare e-krona. The European Central Bank (ECB) is mulling over the rollout of a "digital euro" for the 19-nation currency club. The ECB launched a public consultation on a potential digital euro on Oct 12.  In its 2020-2024 strategic plan, the Bank of Spain also said that it will focus on design proposals for a central bank digital currency. On Oct 19, Jerome Powell, Chairman of the Board of Governors of the U.S. Federal Reserve, said that the Fed is committed to considering a CBDC but made no final call on it.  The Fed wants “to get it right than be first,” said Jerome Powell. “One set of experiments is being carried out at the board of governors here in Washington, D.C.,” Powell said. Investors can choose to invest in options like blockchain ETFs. Per a source, “the blockchain in Bitcoin literally acts [as] a ledger; it keeps track of the balances for all users and updates them as money changes hands.” “Invented to host bitcoin, today many other cryptocurrencies are also based on blockchain technology.” So, since investors cannot lay their hands on a digital currency ETF now, they can definitely familiarize with the concept through blockchain ETFs likeReality Shares Nasdaq NexGen Economy ETFBLCN,Amplify Transformational Data Sharing ETFBLOK andFirst Trust Indxx Innovative Transaction & Process ETFLEGR. Also, ETFs offering exposure to the blockchain ecosystem via semiconductor companies that make chips for bitcoin mining (or could make for some potential CBDCs) can be played. The most-popular funds includeiShares PHLX Semiconductor ETF SOXXandVanEck Vectors Semiconductor ETFSMH. nbsp; Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportATT Inc. (T) : Free Stock Analysis ReportMicrosoft Corporation (MSFT) : Free Stock Analysis ReportDominos Pizza Inc (DPZ) : Free Stock Analysis ReportiShares PHLX Semiconductor ETF (SOXX): ETF Research ReportsVanEck Vectors Semiconductor ETF (SMH): ETF Research ReportsPayPal Holdings, Inc. (PYPL) : Free Stock Analysis ReportSquare, Inc. (SQ) : Free Stock Analysis ReportReality Shares Nasdaq NexGen Economy ETF (BLCN): ETF Research ReportsAmplify Transformational Data Sharing ETF (BLOK): ETF Research ReportsFirst Trust Indxx Innovative Transaction Process ETF (LEGR): ETF Research ReportsTo read this article on Zacks.com click here.Zacks Investment ResearchWant 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... - Reddit Posts (Sample): [['u/jpreyneke', 'If you are in a margin trade on Poloniex - GET OUT NOW!', 18, '2020-11-07 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/jpgbh0/if_you_are_in_a_margin_trade_on_poloniex_get_out/', "Hi Folks,\n\nI am posting this on behalf of VitriolicZA, his message follows below:\n\nSo here's my own **personal horror story** from the past week or so. I have been in a long running\n\nmargin trade on Poloniex for several months on Stellar Lumens (XLM) also known as STRBTC. I have\n\nbeen adding margin to this trade for some time to keep it afloat, trusting that eventually the price\n\nwill rebound.\n\nOn the evening of 27th October @ 18:04 there was a flash crash that took the Stellar price down to\n\n106 sats from +-600 sats before the price rebounded back to where it was. This move instantly\n\nliquidated my position as the Polo liquidation engine is based on Last Traded Price (no index or fair\n\nmarket price system similar to that of Bitmex for example). You can see in the attached image an\n\nexample of what this looked like on the chart.\n\n[STRBTC Chart](https://imgur.com/a/cnK09Wp)\n\nI contacted Poloniex support to find out what had happened. You can see there response below.\n\nHonestly, sounds like a load of bullshit to me.\n\n[Poloniex Email](https://imgur.com/a/qvuN4yz)\n\nTo which my response was as follows:\n\n“Thanks for your swift response and what you have done so far. I do however feel that this is dishonest on the exchange's part as they have essentially forced me to then close my trade at 624 sats at a massive loss. This is not something I clearly would have ordinarily done as I have been adding margin to the trade to keep it afloat for some time. It means that the exchange has interfered in my trade beyond the ordinary scope of what they would do so. I believe that the correct thing to do would be to restore my original trade in place at your quoted price of 624 sats.”\n\nI have since been in touch with a handful of people that were affected in the same crash and they have received similar responses from the Polo support team and have also since been ignored for any follow up.\n\nNow that this has happened to me, I decided to do more research into it and found that this exact same thing has occurred several times on Poloniex. Links for more info below on these other instances:\n\n(will post in comments)\n\nInterestingly, the STR wallet was down several days prior to the crash and almost immediately went down for maintenance again straight after (trying to prevent people from leaving with currency for some reason perhaps?). It honestly feels like everything they do is underhanded and leaves me questioning whether or not perhaps they instigated this flash crash to fish for liquidations themselves.\n\nMy questions for the forum are as follows:\n\n1. Do you agree that Polo is at fault/admitted fault and that I am justified in wanting them to either reinstate my margin trade or some alternative for recompensation?\n2. Has this happened to you in any way and if so, did Polo reimburse you or are you being affected by the same Stellar Flash Crash?\n3. Do I have any grounds for wanting to claim recompensation for what has happened?\n\n**TL;DR: Get your coins off of Poloniex. I feel that they have scammed me out of currency and many others that I have been in contact with; they're liquidity is shocking. You WILL be liquidated by flash crashes.**", 'https://www.reddit.com/r/CryptoCurrency/comments/jpgbh0/if_you_are_in_a_margin_trade_on_poloniex_get_out/', 'jpgbh0', [['u/PM_pregnantgoat', 13, '2020-11-07 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/jpgbh0/if_you_are_in_a_margin_trade_on_poloniex_get_out/gbeihsu/', 'Margin trading is gambling and addicting. I’ve been there and stop a long time ago.', 'jpgbh0'], ['u/grimeflea', 11, '2020-11-07 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/jpgbh0/if_you_are_in_a_margin_trade_on_poloniex_get_out/gbeqmq6/', '> margin trade on Poloniex for several months on Stellar Lumens (XLM) also known as STRBTC. I have\nbeen adding margin to this trade for some time to keep it afloat, trusting that eventually the price will rebound.\n\nMan, I don’t want to piss on your jellyfish sting, but this here isn’t smart. So you’ve effectively been in a months-long counter trend? That’s what it reads like, since you’ve been keeping it afloat with hopium.\n\nHad you been on the right side of the trade, read the market, do some homework on the chart etc and gotten in a short, that wick would’ve brought tears of joy.\n\nIt’s just not smart to counter trade; if you get good at trading you should know what the chart is saying and get out as soon as it’s clear you’ve made a bad move. Instead of doing that, or having a stop, you’re now liquidated.\n\nI know people who used a counter-trend bot that works extremely well if the market is ranging or only trending slightly, so it was going well for a much if this year.\nThen this recent BTC pump started about 3 weeks ago and people got liquidated losing anywhere between 0.3-3BTC.\n\nDoing a counter trend trade and trying to average your entry and all that is just.not.smart. Get out quick or use stops and go back to the drawing board.\n\nThe exchange won’t give you anything, these wicks happen often, and they used to ripple out from BitMex before their volume dropped with the US charges, but every exchange would get a version of it.', 'jpgbh0']]], ['u/msafi', 'Comparing 2020 halving price movement with 2016', 93, '2020-11-07 02:44', 'https://www.reddit.com/r/Bitcoin/comments/jpi49h/comparing_2020_halving_price_movement_with_2016/', "I made a webpage with a couple of live interactive charts to compare the 2020 post-halving price with 2016 halving.\n\nIt's interesting that this cycle has so far been tracking the 2016 cycle pretty closely. But if it keeps tracking it then we might see a sharp drop in price soon. After which there would be a gradual recovery and then an all-time high of $260,000 by mid-2021!\n\nCheck out the charts, and let me know what you think!\n\nhttps://hookspoint.com/pages/2016-vs-2020-bitcoin-price-movement/\n\nBetter viewed on desktop or in landscape mode. Also, might not work if you're running an AdBlocker (but there are no ads on the page)", 'https://www.reddit.com/r/Bitcoin/comments/jpi49h/comparing_2020_halving_price_movement_with_2016/', 'jpi49h', [['u/Reverend_James', 17, '2020-11-07 03:18', 'https://www.reddit.com/r/Bitcoin/comments/jpi49h/comparing_2020_halving_price_movement_with_2016/gbewldl/', 'Get ready for the drop', 'jpi49h'], ['u/RavisTrice', 39, '2020-11-07 04:31', 'https://www.reddit.com/r/Bitcoin/comments/jpi49h/comparing_2020_halving_price_movement_with_2016/gbf3zwy/', 'The phrase "this time is different\' is often regretted by those that say it, and I hate to be the next fool, but...\n\n4 years ago bitcoin and crypto wasn\'t part of the serious conversation in mainstream investing, it wasn\'t being thrown out as on parity with gold and silver let alone picked over them nor publicly supported by institutional names, it wasn\'t supported by major payment systems, it wasn\'t being used to escape runaway inflation / currency collapse in multiple countries, it wasn\'t being added to business balance sheets as an asset, it wasn\'t being bought by institutions and investment trusts, it wasn\'t being mined by governments, it wasn\'t being publicly talked about by first world central banks as something they\'re looking at how to implement... and so forth and so on.\n\nOf course this was what we thought it could be all along, but it was mostly just theoretical.\n\nAnd lets be real, the last bull run was sponsored by tether. I don\'t think this one is. The shorters betting against those psychological barriers are being bought up. I\'d put my money on that there are multiple institutions using the microstrategies playbook they put out and there\'s just no dips. And crypto is eating precious metals lunch.\n\nWe might see a dip from btc this big run up because its been so quick that it takes people time to get use to, but, whenever anyone talks about it going down they\'re quick to add it\'s so they can buy more... people only want more... and there\'s only so many weak hands.\n\nThis time it really does seem like the there\'s converging force from multiple variables and it\'s got momentum and strength. But, we\'ll see.', 'jpi49h'], ['u/msafi', 11, '2020-11-07 05:38', 'https://www.reddit.com/r/Bitcoin/comments/jpi49h/comparing_2020_halving_price_movement_with_2016/gbfacss/', "I mean this time it is different, at least in some ways. Whether we see a pullback soon or not, Bitcoin's fundamentals have always been very strong. In the long term, moon is almost a certainty. Personally, I'll just DCA, hodl, and stay calm :)", 'jpi49h'], ['u/WhiskeyTango311', 18, '2020-11-07 07:15', 'https://www.reddit.com/r/Bitcoin/comments/jpi49h/comparing_2020_halving_price_movement_with_2016/gbfi0yu/', 'Rip', 'jpi49h']]], ['u/TornadicPursuit', 'How did the Feds “seize” the Bitcoin affiliated with The Silk Road?', 40, '2020-11-07 02:45', 'https://www.reddit.com/r/BitcoinBeginners/comments/jpi59z/how_did_the_feds_seize_the_bitcoin_affiliated/', 'I hear all the time “not your keys, not your Bitcoin”. How did the Feds get the keys? It seems weird that anyone would voluntarily cough them up.', 'https://www.reddit.com/r/BitcoinBeginners/comments/jpi59z/how_did_the_feds_seize_the_bitcoin_affiliated/', 'jpi59z', [['u/subduderecords', 14, '2020-11-07 02:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/jpi59z/how_did_the_feds_seize_the_bitcoin_affiliated/gbeu5rg/', 'Supposedly the person gave them up for a lesser charge... So nothing was really seized.', 'jpi59z'], ['u/hamspamblamtram', 19, '2020-11-07 03:20', 'https://www.reddit.com/r/BitcoinBeginners/comments/jpi59z/how_did_the_feds_seize_the_bitcoin_affiliated/gbewsof/', "If you're going to do illegal shit with your Bitcoin, you better memorize t... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slid by 4.67% on Saturday. Reversing a 0.03% gain from Friday, Bitcoin ended the day at $14,845.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $15,740.0 before hitting reverse.\nFalling sort of the first major resistance level at $15,914, Bitcoin slid to a late intraday low $14,411.0.\nThe sell-off saw Bitcoin fall through the first major support level at $15,205 and the second major support level at $14,838.\nFinding late support, Bitcoin broke back through the second major support level to wrap up the day at $14,840 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Saturday.\nCardano’s ADA (-7.31%), Crypto.com Coin (-6.45%), and Litecoin (-6.96%) led the way down.\nBinance Coin (-4.51%), Bitcoin Cash SV (-4.31%), Chainlink (-3.56%), Ethereum (-4.56%), Polkadot (-3.03%), and Ripple’s XRP (-3.71) also struggled.\nBitcoin Cash ABC fell by a relatively modest 1.25% on the day.\nFor the current week, the crypto total market cap fell to a Tuesday low $379.41bn before hitting a Friday high $456.16bn. At the time of writing, the total market cap stood at $421.96bn.\nBitcoin’s dominance fell to a Monday low 63.16% before rising to a Friday high 66.51%. At the time of writing, Bitcoin’s dominance stood at 64.80%.\nAt the time of writing, Bitcoin was down by 0.49% to $14,771.7. A bearish start to the day saw Bitcoin fall from an early morning high $14,849.0 to a low $14,765.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+0.79%) and Litecoin (+0.12%) found early support to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 1.70% to lead the way down.\nBitcoin would need to move through the pivot level at $14,999 to bring the first major resistance level at $15,586 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $15,000 levels.\nBarring an extended crypto rally, however, Bitcoin would likely fall well short of $15,500 levels and the first major resistance level.\nIn the event of a crypto breakout, Bitcoin could revisit Saturday’s high $15,740.0. The second major resistance level sits at $16,328.\nFailure to move through the $14,999 pivot would bring the first major support level at $14,257 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$14,000 levels. The second major support level sits at $13,670.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Weekly Price Forecast – Stock Markets Hit Top of Range\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Within Striking Distance of All-Time High\n• The Crypto Daily – Movers and Shakers – November 8th, 2020\n• Gold Weekly Price Forecast – Gold Shows Bullish Candle for the Week\n• European Equities: A Week in Review – 06/11/20\n• Natural Gas Price Prediction – Prices Drop Through Trendline Support on Warm Weather Forecast', 'Bitcoin, BTC to USD, slid by 4.67% on Saturday. Reversing a 0.03% gain from Friday, Bitcoin ended the day at $14,845.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $15,740.0 before hitting reverse. Falling sort of the first major resistance level at $15,914, Bitcoin slid to a late intraday low $14,411.0. The sell-off saw Bitcoin fall through the first major support level at $15,205 and the second major support level at $14,838. Finding late support, Bitcoin broke back through the second major support level to wrap up the day at $14,840 levels. The near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Saturday. Cardano’s ADA (-7.31%), Crypto.com Coin (-6.45%), and Litecoin (-6.96%) led the way down. Binance Coin (-4.51%), Bitcoin Cash SV (-4.31%), Chainlink (-3.56%), Ethereum (-4.56%), Polkadot (-3.03%), and Ripple’s XRP (-3.71) also struggled. Bitcoin Cash ABC fell by a relatively modest 1.25% on the day. For the current week, the crypto total market cap fell to a Tuesday low $379.41bn before hitting a Friday high $456.16bn. At the time of writing, the total market cap stood at $421.96bn. Bitcoin’s dominance fell to a Monday low 63.16% before rising to a Friday high 66.51%. At the time of writing, Bitcoin’s dominance stood at 64.80%. This Morning At the time of writing, Bitcoin was down by 0.49% to $14,771.7. A bearish start to the day saw Bitcoin fall from an early morning high $14,849.0 to a low $14,765.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.79%) and Litecoin (+0.12%) found early support to buck the trend. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.70% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $14,999 to bring the first major resistance level at $15,586 into play. Support from the broader market would be needed for Bitcoin to break back through to $15,000 levels. Barring an extended crypto rally, however, Bitcoin would likely fall well short of $15,500 levels and the first major resistance level. In the event of a crypto breakout, Bitcoin could revisit Saturday’s high $15,740.0. The second major resistance level sits at $16,328. Failure to move through the $14,999 pivot would bring the first major support level at $14,257 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$14,000 levels. The second major support level sits at $13,670. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Stock Markets Hit Top of Range E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Within Striking Distance of All-Time High The Crypto Daily – Movers and Shakers – November 8th, 2020 Gold Weekly Price Forecast – Gold Shows Bullish Candle for the Week European Equities: A Week in Review – 06/11/20 Natural Gas Price Prediction – Prices Drop Through Trendline Support on Warm Weather Forecast', 'Although most eyes were on the U.S. elections and most of last week’s rally was fueled by increased demand for higher risk assets, there were also economic reports released that may have had a slight influence on the price action. These reports include the AIG Manufacturing Index, ANZ Job Advertisements, Building Approvals, AIG Construction Index, Retail Sales and Trade Balance.\nThe economic data came out too late to affect the major decisions by the Reserve Bank of Australia (RBA), but it was good enough to boost confidence that the economy was moving in the direction and with some help from the RBA could turn the corner rather quickly.\nLast week, theAUD/USDsettled at .7260, up 0.0232 or +3.30%.\nThe Australian Industry Group Australian Performance ofManufacturing Indexincreased by 9.6 points to 56.3 in October, indicating expanding conditions for the first time since July.\nAustralia’s manufacturing industries grew solidly in October with production employment sales and exports all moving convincingly into growth territory. Once again, the large food & beverages sector led the way with strong contributions from machinery & equipment manufacturers and with support from firmer growth in the textiles, clothing, footwear, paper & printing group. The chemicals sector stabilized in October while the pace of contraction eased in both the metal products and building materials sectors.\nRespondents across all sectors noted a jump in sales and new orders as a result of pent up demand from the initial activity restrictions. The jump into expansion was driven by large improvements in New South Wales, which rose into expansion, and Victoria, which remained in contraction but improved from a deep contraction in September.\nAi Group Chief Executive Innes Willox said:\xa0 “With the quantity of fiscal support easing in October and with the tax cuts only just starting to flow through, the lift of sales and the strong growth of new orders are particularly encouraging signs of improving household and business confidence. The solid national performance was achieved despite another month of contraction in Victoria. With restrictions in Victoria being lifted there are very good prospects of further strength in the closing months of 2020,” Mr. Willox said.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Next Challenge for Buyers is $1970.10 – $1998.20 Retracement Zone\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 27741 to Sustain Momentum\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 7th, 2020\n• European Equities: A Week in Review – 06/11/20\n• Bitcoin Enters New Bullish Cycle, Aiming for New All-Time Highs\n• The Week Ahead – U.S Politics, COVID-19, and Brexit Likely to Overshadow Data', 'Although most eyes were on the U.S. elections and most of last week\x92s rally was fueled by increased demand for higher risk assets, there were also economic reports released that may have had a slight influence on the price action. These reports include the AIG Manufacturing Index, ANZ Job Advertisements, Building Approvals, AIG Construction Index, Retail Sales and Trade Balance. The economic data came out too late to affect the major decisions by the Reserve Bank of Australia (RBA), but it was **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: 2020-11-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $288,046,873,409 - Hash Rate: 115164457.02317438 - Transaction Count: 243047.0 - Unique Addresses: 555482.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has been above $10,000 for even longer than the record 2017-18 run, giving confidence to long term HODLers in the process. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Today on the Brief: After four weeks down, bitcoin bounces back on suspicions that recent bearishness was overblown KuCoin exchange gets hacked for somewhere between $150 million and $280 million Jack Dorsey outlines Twitter’s blockchain and bitcoin beliefs during Oslo Freedom Forum appearance Related: First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule See also: Understanding the Coming Currency Cold War Our main discussion: Digging in to bitcoin’s 64-day run over $10,000 Bitcoin has been above $10,000 for longer than any time in its history. Its volatility is also at recent historic lows. In this episode, NLW puts this in the context of broader market movements and explains why new price floors are self-reinforcing. Related Stories Why Bitcoin’s Longest Run Above $10,000 Matters Why Bitcoin’s Longest Run Above $10,000 Matters Why Bitcoin’s Longest Run Above $10,000 Matters... - Reddit Posts (Sample): [['u/ramagam', "I'm thinking about doing the unthinkable.....", 88, '2020-11-08 00:25', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/', 'So yeah, I am seriously considering talking a very serious $100k risk, so naturally, I figured I would consult a bunch of random strangers on the internet for advice......\n\nI am considering taking 100k out of my 401k and sticking it in btc.\n\nI know.....\n\nHere are my details: My wife and have about 400 total in our 401\'s. I am 57, and for the most part retired (I have "flipped" properties the last couple of years, but at this point I am pretty much income neutral).\n\nMy wife\'s situation is a bit odd: she was let go from Deloitte due to the covid situation, but she is still planning on working about 15 more years as she has a solid marketable career skillset as a financial risk expert (and is 7 yrs younger that me). She was making 230k last year as a senior manager, and should be able to get a position making at least 200k when she returns to the job market (which theoretically should add another 150k or so to our retirement fund)\n\nSo, back to my idea - The 100k would essentially be about 15ish% of our "liquid" cash (we have about 300+k in property equity, plus 25k in btc and maybe 20k in other investments).\n\nWe would of course be paying a 10% penalty, plus the 30% income tax on the 100k 401k withdrawal, so right off the bat that 100k has already dropped in value to 60k....\n\nWhat do you think - is it worth the risk?', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/', 'jq0ss4', [['u/[deleted]', 93, '2020-11-08 00:28', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbij17n/', 'Delete all your financial info. Buy GBTC in your 401k. Absolutely NO ONE on the planet can predict future price of bitcoin.\n\nAsk your "financial risk expert" wife if this is a dumb idea or not.', 'jq0ss4'], ['u/D00bage', 138, '2020-11-08 00:38', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbikstz/', 'A wise man once said “It’s a bold move Cotton, let’s see if it pays off.”', 'jq0ss4'], ['u/Amoci', 48, '2020-11-08 00:39', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbikujl/', 'It’s worth you doing it for our amusement', 'jq0ss4'], ['u/Weinerbrod_nice', 25, '2020-11-08 01:01', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbiou5w/', "Who are we tell what a 57 year old man is supposed to do with his and his wife's money? Only you can decide. If you do go through with it I hope you have a **thorough** understanding of Bitcoin and are looking at this with a long-term perspective.", 'jq0ss4'], ['u/ramagam', 19, '2020-11-08 01:11', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbiqlev/', "Yeah, it's weird. I mean, now that we are really considering doing it, like really talking about it it's pretty intense. \n\nWe aren't dumb people - we are both intelligent, well educated, and fairly successful; it's not like we just sat around last night drinking mojitos and randomly came up with this idea.\n\nIt's simply a risk vs. reward problem, with the solution based on math and experience.", 'jq0ss4'], ['u/atrueretard', 12, '2020-11-08 01:17', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbiribh/', '**scared money dont make money.** \n\n**do it!**', 'jq0ss4'], ['u/ramagam', 14, '2020-11-08 01:18', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbirnsh/', "*I'll keep you posted...*", 'jq0ss4'], ['u/ramagam', 18, '2020-11-08 01:22', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbisedz/', 'She\'s not a "financial risk expert" investment wise - she is a Bank Secrecy Act, Anti-Money Laundering expert (Compliance, legal, etc.).\n\nIn the financial world (her world), "risk" means risk as in legal stuff...', 'jq0ss4'], ['u/lou_men', 10, '2020-11-08 01:26', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbit6s2/', 'You might be able to withdraw without the 10% penalty if you were affected by Covid. Check into it.', 'jq0ss4'], ['u/100_Jose_Maria_001', 11, '2020-11-08 02:28', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbj45fr/', '401k and retirement plans are not something that young people these days can really trust. Speaking for myself, I have chosen to not partake in it at all. My partner works at a union, and they recently found out that their 401k, and the entire union\'s, was invested in the companies running the private detention centers at the border. The reason? It offered a high return. \n\n401ks made sense when you could save and get a decent interest rate. Now, it is no better than letting strangers gamble with your money, "investing" it in god knows where. \n\nOne of the biggest reasons they can\'t let this bubble deflate, and keep pumping all this money into the economy, is because they can\'t let retirement plans fail to grow at a pace higher than inflation. When this debt bubble collapses, I reckon most retirement plans will be wiped out as well. It might not happen in your lifetime, but who knows tbh. \n\nSo yes, I think it is worth the risk, even with the tax penalties. If you get in before this bull market really takes off, you have a good chance to recover the losses, and then some. \n\nBut the real question I have for you is this: Are you ready to see your holdings crash 80% overnight, or hold through a sustained 80+% loss for years? If not, then I would not buy BTC at all.', 'jq0ss4'], ['u/ramagam', 18, '2020-11-08 02:32', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbj4pyg/', "Lol, I know, right?\n\nLast night we got all giddy last night doing the math, because honestly, we are both pretty confident that BTC is hitting 100k in the next 5 years....\n\nI mean, let's face it - having 5 mil vs 800k is a HUGE difference in retirement...", 'jq0ss4'], ['u/termy991', 23, '2020-11-08 03:28', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbje240/', 'Go balls deep!', 'jq0ss4'], ['u/webslinger591', 21, '2020-11-08 03:47', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbjh9rx/', 'I don’t follow your calculation... 60k is equivalent to about 4 BTC now. So when each becomes worth 100k, you then have 400k worth not 5 mil.', 'jq0ss4'], ['u/patternagainst', 96, '2020-11-08 04:04', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbjk9ke/', 'Shhh...this is how we get to 25k.', 'jq0ss4'], ['u/vjfilms', 14, '2020-11-08 04:08', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbjl2n9/', '*"We aren\'t dumb people"*\n\nPosts finances on Reddit 🤦\u200d♂️', 'jq0ss4'], ['u/xtal_00', 15, '2020-11-08 04:59', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbjtz9q/', "The end game isn't $100k.\n\nBitcoin eats all the liquid capital in the world or it settles at some nominal value like $1k.\n\nThose who don't believe.. will sell too soon.", 'jq0ss4'], ['u/xtal_00', 20, '2020-11-08 05:01', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbjuaod/', "Bitcoin has a 50% downside risk and a 10x gain potential over 18 months.\n\nIf you remove emotion, you take that bet. If you're not going to get ruined, you go all in.", 'jq0ss4'], ['u/lacksfish', 10, '2020-11-08 06:51', 'https://www.reddit.com/r/Bitcoin/comments/jq0ss4/im_thinking_about_doing_the_unthinkable/gbkc5y2/', '>What leads you to believe that BTC will be worth $100k in 5 years?\n\nThe dwindling state of american dollar currency.', 'jq0ss4']]], ['u/LordCummer1991', 'Something is brewing up', 15, '2020-11-08 01:05', 'https://www.reddit.com/r/IOTAmarkets/comments/jq1hs5/something_is_brewing_up/', '2 weeks ago i was writting about the price equillibrium and things have more or less turned more on bearish side after it.. it slipped from the time of writting to around 23 cents even though my prediction was closer to 20 c.. but now things are slowly turning bullish. The whole alt market has started to wake up after a long and cold sleep. The market showed that it is ready to show the alts some love too. Even though btc was outperforming the alt market in general sense, there were some shiny examples of better performing alts out there.. So the price of iota is starting to show some life again. Its been a while. The bull market is becoming more and more apparent by each coming day. The last real resistance iota has before it starts to gain some momentum is 30 cents and the bulls are starting to pile up. I was there all the way back in 2016. And yea , in my opinion history is stsrting to repeat itself again.. and for iota it is a pretty bright future, especially tge 2021. But I suspect we could get some momentum starting even vefore of that. This could very well be last moments at this low prices.. Last real test is in our noses, sitting few cents away from this price, after that we are cery shortly off to 45 cents an then probably 1$. If coordicide and the other stuff kicks in time, we could reach ath maybe even as early as next year. The potential is big , the volume is still quite low. It doesnt eve take serious money to get the ball rolling at this point. Probably something of tge order of few mili $ from some whale woul md present a tremendous buying pressure thst would make the price start kicking.. for example the bosch or jaguar are companies that number their evslustion in billions so its pretty easy to imagine how little it takes, alth... 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:** ['It’s was a particularly quiet start to the day on theeconomic calendarthis morning. There were no material stats to provide the markets with direction.\nThe lack of stats left the majors in the hands of U.S politics and the latest COVID-19 updates from the weekend. From the weekend, news of Biden winning the U.S Presidential Election ultimately supported riskier assets early on.\nTrade data from China from the weekend was also positive, with China reporting an 11.4% jump in exports. A more modest 4.7% rise in imports led to a widening of the U.S Dollar trade surplus from $37bn to $58.44bn.\nWhile imports were softer than a forecasted 9.5%, it wasn’t bad enough to suggest any marked deterioration in demand for Chinese goods. In September imports had surged by 13.2%.\nAt the time of writing, theJapanese Yenwas flat at ¥103.35 against the U.S Dollar. TheAussie Dollarwas up by 0.25% to $0.7276, withKiwi Dollarup by 0.35% to $0.6798.\nIt’s a relatively quiet day ahead on theeconomic calendar, with Germany’s trade data for September in focus.\nAs the Eurozone falls to a 2ndwave of the COVID-19 pandemic, however, the stats are unlikely to have a material impact.\nThe markets will be looking towards October and November data to ascertain the damage to the 4thquarter.\nAway from the economic calendar, expect any further updates on COVID-19 to remain a factor. Brexit and U.S Politics will also influence. Biden’s victory is considered EUR positive.\nOn the monetary policy front, ECB President Lagarde could move the dial and soften the EUR. The ECB President had talked of further easing next month. Any hints should pin back the EUR.\nAt the time of writing, theEURwas up by 0.11% to $1.1887.\nIt’s a quiet day ahead on theeconomic calendar, with no material stats to provide direction on the day.\nWhile there are no material stats to consider, BoE Governor Bailey is scheduled to speak later this morning. There may be few surprises, however, following last week’s policy decision.\nAway from the economic calendar, updates on Brexit and COVID-19 will remain key drivers. It’s last chance saloon for a Brexit deal this week. Chatter from the weekend suggests that a deal is imminent. With Biden looking to take the Presidency, some compromise from the UK may be likely in a bid to seal a trade agreement with the U.S in return.\nAt the time of writing, thePoundwas up by 0.21% to $1.3184.\nIt’s a quiet day ahead for the U.S Dollar. There are no material stats to provide direction. The focus will remain on Capitol Hill.\nVote recounts and court rulings will need monitoring, following Biden’s victory.\nAt the time of writing, the Dollar Spot Index was down by 0.04% to 92.195.\nIt’s a relatively quiet day on the economic data front. Housing start numbers are due out later today. The numbers should have a muted impact on the Loonie, however.\nExpect market risk sentiment to be the key driver as the markets respond to the Biden victory.\nAt the time of writing, theLooniewas up by 0.24% to C$1.3019 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – U.S Politics, COVID-19, and Brexit Likely to Overshadow Data\n• ViacomCBS Q3 Earnings Beat Estimates; Forecasts 19 Million Streaming Subscribers by End-2020\n• Ball Corp Growth Outlook Remains Robust; Buy with Target Price of $110\n• Price of Gold Fundamental Weekly Forecast – More Accommodative Fed Key to Next Price Surge\n• Bitcoin and Ethereum – Weekly Technical Analysis – November 9th, 2020\n• A Light Economic Calendar Leaves Capitol Hill, COVID-19, and Brexit in Focus', 'Earlier in the Day: It’s was a particularly quiet start to the day on the economic calendar this morning. There were no material stats to provide the markets with direction. The lack of stats left the majors in the hands of U.S politics and the latest COVID-19 updates from the weekend. From the weekend, news of Biden winning the U.S Presidential Election ultimately supported riskier assets early on. Trade data from China from the weekend was also positive, with China reporting an 11.4% jump in exports. A more modest 4.7% rise in imports led to a widening of the U.S Dollar trade surplus from $37bn to $58.44bn. While imports were softer than a forecasted 9.5%, it wasn’t bad enough to suggest any marked deterioration in demand for Chinese goods. In September imports had surged by 13.2%. For the Majors At the time of writing, the Japanese Yen was flat at ¥103.35 against the U.S Dollar. The Aussie Dollar was up by 0.25% to $0.7276, with Kiwi Dollar up by 0.35% to $0.6798. The Day Ahead: For the EUR It’s a relatively quiet day ahead on the economic calendar , with Germany’s trade data for September in focus. As the Eurozone falls to a 2 nd wave of the COVID-19 pandemic, however, the stats are unlikely to have a material impact. The markets will be looking towards October and November data to ascertain the damage to the 4 th quarter. Away from the economic calendar, expect any further updates on COVID-19 to remain a factor. Brexit and U.S Politics will also influence. Biden’s victory is considered EUR positive. On the monetary policy front, ECB President Lagarde could move the dial and soften the EUR. The ECB President had talked of further easing next month. Any hints should pin back the EUR. At the time of writing, the EUR was up by 0.11% to $1.1887. For the Pound It’s a quiet day ahead on the economic calendar , with no material stats to provide direction on the day. While there are no material stats to consider, BoE Governor Bailey is scheduled to speak later this morning. There may be few surprises, however, following last week’s policy decision. Story continues Away from the economic calendar, updates on Brexit and COVID-19 will remain key drivers. It’s last chance saloon for a Brexit deal this week. Chatter from the weekend suggests that a deal is imminent. With Biden looking to take the Presidency, some compromise from the UK may be likely in a bid to seal a trade agreement with the U.S in return. At the time of writing, the Pound was up by 0.21% to $1.3184. Across the Pond It’s a quiet day ahead for the U.S Dollar. There are no material stats to provide direction. The focus will remain on Capitol Hill. Vote recounts and court rulings will need monitoring, following Biden’s victory. At the time of writing, the Dollar Spot Index was down by 0.04% to 92.195. For the Loonie It’s a relatively quiet day on the economic data front. Housing start numbers are due out later today. The numbers should have a muted impact on the Loonie, however. Expect market risk sentiment to be the key driver as the markets respond to the Biden victory. At the time of writing, the Loonie was up by 0.24% to C$1.3019 against the U.S Dollar. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, COVID-19, and Brexit Likely to Overshadow Data ViacomCBS Q3 Earnings Beat Estimates; Forecasts 19 Million Streaming Subscribers by End-2020 Ball Corp Growth Outlook Remains Robust; Buy with Target Price of $110 Price of Gold Fundamental Weekly Forecast – More Accommodative Fed Key to Next Price Surge Bitcoin and Ethereum – Weekly Technical Analysis – November 9th, 2020 A Light Economic Calendar Leaves Capitol Hill, COVID-19, and Brexit in Focus', 'Bitcoin rallied by 12.69% in the week ending 8thNovember. Following on from a 5.52% gain from the week prior, Bitcoin ended the week at $15,500.0.\nIt was a bearish start to the week. Bitcoin fell to a Monday intraweek low $13,207.0 before making a move.\nSteering clear of the first major support level at $13,006, Bitcoin rallied to a Friday intraweek high $15,888.0.\nBitcoin broke through the first major resistance level at $14,280 and the second major resistance level at $14,805.\nFalling short of $16,000 levels, Bitcoin slid back to sub-$14,500 levels on Saturday before a bullish end to the week.\nA Sunday recovery saw Bitcoin break back through the second major resistance level to wrap up the week at $15,500 levels.\n5 days in the green that included a 10.03% rally on Friday and a 4.41% rally on Sunday delivered the upside for the week. A 4.67% slide on Saturday limited some up the upside for the week, however.\nBitcoin would need to avoid a fall through the $14,865 pivot to support a run the first major resistance level at $16,523.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s $15,888.0 high.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Bitcoin could test resistance at $17,000 before any pullback. The second major resistance level sits at $17,546.\nFailure to avoid a fall through the $14,865 pivot would bring the first major support level at $13,842 into play.\nBarring an extended sell-off, however, Bitcoin should steer clear of sub-$13,500 support levels. The second major support level sits at $12,184.\nAt the time of writing, Bitcoin was up by 0.11% to $15,517.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $15,424.0 before striking a high $15,608.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum surged by 14.54% in the week ending 8thNovember. Reversing a 2.32% fall from the previous week, Ethereum ended the week at $454.61.\nIt was a bearish start to the week. Ethereum fell to a Tuesday intraweek low $370.50 before making a move.\nThe pullback saw Ethereum fall through the first major support level at $376.00.\nSteering clear of the 38.2% FIB of $367, Ethereum rallied to a Saturday intraweek high $468.98.\nEthereum broke through the first major resistance level at $415 and the second major resistance level at $432.\nFalling short of the third major resistance l **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: 2020-11-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $285,338,689,641 - Hash Rate: 154387134.41512507 - Transaction Count: 326383.0 - Unique Addresses: 713629.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A Singapore man has received a sobering sentence for his involvement in the theft of S$365,000 (US$267,097) in cash meant for a bitcoin purchase. • As reported byThe Strait Timeson Friday, Jaromel Gee Ming Li, 29, was sentenced to three years in prison and 12 strokes of the cane on Thursday. • Gee pleaded guilty to one count of engaging in a conspiracy to commit robbery with the aid of two other men, Mohd Abdul Rahman and Syed Mokhtar, both 39 years of age. • According to the report, Gee was engaged in bitcoin brokerage and organized transactions between parties seeking to buy and sellbitcoin. • Gee solicited Abdul Rahman to assist him with transactions that generally involved potential buyers of bitcoin for larger sums of cash, but in April 2018 they reportedly switched tactics to rob prospective buyers. • Hearing that Pang Joon Hau, a Malaysian man, had arrived in Singapore for a bitcoin purchase with the S$365,000 in cash, Gee directed Abdul Rahman and Mokhtar to locate the investor in his hotel and rob him on April 8. • Abdul Rahman and Mokhtar proceeded to physically assault Pang and another bitcoin investor, Teo Chern Wei, in their hotel room before running off with a backpack containing Pang’s cash. • Gee was arrested on April 18, 2018. It is unclear how authorities discovered Gee’s involvement in the robbery. • Abdul Rahman was arrested days after the attack and his case is still pending; Mokhtar pleaded guilty to a robbery charge on Wednesday, The Straights Times reported. • Rahman’s ex-wife, Yogeshwry Raman, was also in court Thursday facing charges she’d received stolen goods such as a S$45,800 (US$33,000) Rolex watch bought with proceeds from the robbery. • In Singapore, those convicted of committing robbery between 19:00 and 07:00 local time can be jailed for up to 14 years and receive at least 12 strokes of the cane. See also:Singapore Man Fined $72K for Promoting Crypto Ponzi OneCoin • Singapore Man Caned for Stealing $267K From Bitcoin Investor • Singapore Man Caned for Stealing $267K From Bitcoin Investor • Singapore Man Caned for Stealing $267K From Bitcoin Investor • Singapore Man Caned for Stealing $267K From Bitcoin Investor... - 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, BTC to USD, fell by 1.07% on Monday. Partially reversing a 4.38% rally from Sunday, Bitcoin ended the day at $15,334.5. It was a mixed start to the day. Bitcoin fell to a late morning low $15,182 before making a move. Steering clear of the first major support level at $14,953, Bitcoin rallied to a late morning intraday high $15,844.0. Coming up against the first major resistance level at $15,848, Bitcoin slid to a late afternoon intraday low $14,841.0. Bitcoin fell through the first major support level at $14,953 before a partial recovery to $15,300 levels. The near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Monday. Polkadot bucked the trend at the start of the week, with a 0.44% gain. It was a bearish day for the rest of the majors. Bitcoin Cash SV and Crypto.com Coin slid by 5.03% and by 4.50% to lead the way down. Bitcoin Cash ABC (-3.38%), Ethereum (-2.16%), and Litecoin (-2.85%) also struggled. Binance Coin (-1.26%), Cardano’s ADA (-0.87%), Chainlink (-1.69%), and Ripple’s XRP (-1.23%) saw relatively modest losses on the day. For the week, the crypto total market cap rose to a Monday high $449.53bn before falling to a Monday low $423.81bn. At the time of writing, the total market cap stood at $443.58bn. Bitcoin’s dominance rose to a Monday high 65.22% before falling to a low 64.70%. At the time of writing, Bitcoin’s dominance stood at 64.87%. This Morning At the time of writing, Bitcoin was down by 0.26% to $15,294.7. A mixed start to the day saw Bitcoin rise to an early morning high $15,350.0 before falling to a low $15,181.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA (+0.15%), Chainlink (+1.00%), Crypto.com Coin (+1.29%), Ethereum (+0.46%), and Litecoin (+0.19%) found early support. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 0.38% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $15,340 to bring the first major resistance level at $15,839 into play. Support from the broader market would be needed for Bitcoin to break back through to $15,800 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $16,000 before any pullback. The second major resistance level sits at $16,343. Failure to move back through the $15,340 pivot would bring the first major support level at $14,836 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$14,500 levels. The second major support level sits at $14,337. This article was originally posted on FX Empire More From FXEMPIRE: U.S. Dollar Index (DX) Futures Technical Analysis – Momentum Shift Targets 93.275 Retracement Level Crude Oil Price Forecast – Crude Oil Markets Rally Significantly COVID-19 – Pfizer Leads the Race to a COVID-19 Vaccine Gold Price Prediction – Prices Tumble as Yields Soar Following Vaccine Announcment Oil Price Fundamental Daily Forecast – Vaccine News Fuels Massive Short-Covering Rally US Stocks Surge on Promising Vaccine News, but Give Back Most Gains On Election ‘Irregularities’ Concerns', 'Bitcoin, BTC to USD, fell by 1.07% on Monday. Partially reversing a 4.38% rally from Sunday, Bitcoin ended the day at $15,334.5. It was a mixed start to the day. Bitcoin fell to a late morning low $15,182 before making a move. Steering clear of the first major support level at $14,953, Bitcoin rallied to a late morning intraday high $15,844.0. Coming up against the first major resistance level at $15,848, Bitcoin slid to a late afternoon intraday low $14,841.0. Bitcoin fell through the first major support level at $14,953 before a partial recovery to $15,300 levels. The near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Monday. Polkadot bucked the trend at the start of the week, with a 0.44% gain. It was a bearish day for the rest of the majors. Bitcoin Cash SV and Crypto.com Coin slid by 5.03% and by 4.50% to lead the way down. Bitcoin Cash ABC (-3.38%), Ethereum (-2.16%), and Litecoin (-2.85%) also struggled. Binance Coin (-1.26%), Cardano’s ADA (-0.87%), Chainlink (-1.69%), and Ripple’s XRP (-1.23%) saw relatively modest losses on the day. For the week, the crypto total market cap rose to a Monday high $449.53bn before falling to a Monday low $423.81bn. At the time of writing, the total market cap stood at $443.58bn. Bitcoin’s dominance rose to a Monday high 65.22% before falling to a low 64.70%. At the time of writing, Bitcoin’s dominance stood at 64.87%. This Morning At the time of writing, Bitcoin was down by 0.26% to $15,294.7. A mixed start to the day saw Bitcoin rise to an early morning high $15,350.0 before falling to a low $15,181.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA (+0.15%), Chainlink (+1.00%), Crypto.com Coin (+1.29%), Ethereum (+0.46%), and Litecoin (+0.19%) found early support. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 0.38% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $15,340 to bring the first major resistance level at $15,839 into play. Support from the broader market would be needed for Bitcoin to break back through to $15,800 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $16,000 before any pullback. The second major resistance level sits at $16,343. Failure to move back through the $15,340 pivot would bring the first major support level at $14,836 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$14,500 levels. The second major support level sits at $14,337. This article was originally posted on FX Empire More From FXEMPIRE: U.S. Dollar Index (DX) Futures Technical Analysis – Momentum Shift Targets 93.275 Retracement Level Crude Oil Price Forecast – Crude Oil Markets Rally Significantly COVID-19 – Pfizer Leads the Race to a COVID-19 Vaccine Gold Price Prediction – Prices Tumble as Yields Soar Following Vaccine Announcment Oil Price Fundamental Daily Forecast – Vaccine News Fuels Massive Short-Covering Rally US Stocks Surge on Promising Vaccine News, but Give Back Most Gains On Election ‘Irregularities’ Concerns', 'Publicly traded bitcoin mining company Riot Blockchain reported earnings for the September period Monday, noting a significant increase in revenue and hash power from a year ago, with plans for continued expansion. Reporting over $2.4 million in mining revenue, the Castle Rock, Colo.-based mining firm increased revenue by 42% from the same period in 2019. The company’s mining revenue clearly benefited from a 15% increase in the price of bitcoin during the Q3 in addition to its increased hash power. Riot filings show it mined 222 BTC in Q3 2020, up 41% from the same period last year, but slightly lower than the 227 BTC mined in Q2 2020 . In 2019, Riot switched to mining bitcoin exclusively, CEO Jeff McGonegal told CoinDesk. Previously, the company also mined litecoin and bitcoin cash . Riot reported a current mining capacity of 556 peta hash per second (PH/s), meeting its goal set in its Q2 earnings release , which represents a 450% increase from its Q3 2019 hash power of 101 PH/s. Riot plans to continue aggressively expanding its mining operations, per its earnings report, through four purchase agreements with mining manufacturer Bitmain for a total of 16,600 S19-Pro machines. The firm expects incremental delivery and deployment of its new machines through the end of Q2 2021. Concurrent with an increase in mined bitcoin and the leading cryptocurrency’s 114% year-to-date rally, Riot’s cryptocurrency corporate liquidity grew from $7.2 million in Q2 to $9 million in Q3. Its cash reserves ballooned from $9.1 million to $30.1 million over the same period. Riot shareholders enjoyed the lowest quarterly loss per share since the company first fully deployed its cryptocurrency mining hardware in Q2 2018. The loss per share dropped to $0.04 in Q3, a 50% improvement from a loss per share of $0.08during the same period last year. Riot shares were trading hands at $3.50 at Monday’s close, up 32% from the start of Q4. They’ve risen more than 200% year to date. Story continues Update (November 9, 4:27 UTC): This article has been updated to reflect 222 bitcoins mined in the Q3, not 224 as was previously reported. Related Stories Riot Blockchain Mined 222 Bitcoins in Q3 Riot Blockchain Mined 222 Bitcoins in Q3 Riot Blockchain Mined 222 Bitcoins in Q3 Riot Blockchain Mined 222 Bitcoins in Q3', 'Publicly traded bitcoin mining company Riot Blockchain reported earnings for the September period Monday, noting a significant increase in revenue and hash power from a year ago, with plans for continued expansion. Reporting over $2.4 million in mining revenue, the Castle Rock, Colo.-based mining firm increased revenue by 42% from the same period in 2019. The company’s mining revenue clearly benefited from a 15% increase in the price of bitcoin during the Q3 in addition to its increased hash power. Riot filings show it mined 222 BTC in Q3 2020, up 41% from the same period last year, but slightly lower than the 227 BTC mined in Q2 20 **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: 2020-11-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $285,338,689,641 - Hash Rate: 122675182.48120748 - Transaction Count: 303270.0 - Unique Addresses: 684892.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrency exchange KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack... - 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:** ["Representatives of Nasdaq Inc (NASDAQ: NDAQ ) and other major exchanges will meet with the Texas Governor Greg Abbott on Nov. 20 in Austin as they consider relocation of their trading platforms from New Jersey to Dallas, NBC 5 Dallas-Fort Worth reported Tuesday. What Happened: The meeting was reportedly\xa0spurred by a proposed “financial transaction” tax amounting to a quarter of a cent that New Jersey — the current host of the exchanges'\xa0data centers — wants to levy on the 10,000 or so transactions made through electronic infrastructure. The tax is estimated to\xa0generate $10 billion in revenue for the Garden State. The financial institutions will meet with Abbott under a grouping called “Coalition To Prevent The Taxing Of Retirement Savings.” A spokesperson for Abbott told NBC 5 DFW that the governor\xa0“looks forward to meeting with Nasdaq and showcasing Texas' business-friendly environment, skilled workforce, robust infrastructure, and low taxes, all of which foster greater economic growth in the Lone Star State.” Why It Matters: The coalition comprises financial heavyweights like Nasdaq, CBOE Global Markets Inc. (BATS: CBOE ), Citadel Securities, Equinix, Inc (NASDAQ: EQIX ), UBS Group AG (NYSE: UBS ), TD Ameritrade,\xa0and the owner of New York Stock Exchange — Intercontinental Exchange, Inc (NYSE: ICE ). A move to Texas would reportedly lessen Wall Street’s dependence on the East Coast and be a boost for the booming data center industry in North Texas which has attracted the likes of Facebook Inc (NASDAQ: FB ) to the Dallas-Fort Worth area due to renewable energy resources. Other states that have expressed interest in hosting the exchanges' data centers include Virginia, North Carolina, and Illinois, which have all held talks with Nasdaq, according to NBC 5 DFW. Price Action: Nasdaq Inc shares closed nearly 2% lower at $127.13 on Monday. Story continues See more from Benzinga Click here for options trades from Benzinga Amazon Recalls 350,000 Ring Doorbells After Some Catch Fire Pfizer's COVID-19 Vaccine News Throws Bitcoin Rally Off Course © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Representatives ofNasdaq Inc(NASDAQ:NDAQ) and other major exchanges will meet with the Texas Governor Greg Abbott on Nov. 20 in Austin as they consider relocation of their trading platforms from New Jersey to Dallas, NBC 5 Dallas-Fort WorthreportedTuesday.\nWhat Happened:The meeting was reportedly\xa0spurred by a proposed “financial transaction” tax amounting to a quarter of a cent that New Jersey — the current host of the exchanges'\xa0data centers — wants to levy on the 10,000 or so transactions made through electronic infrastructure.\nThe tax is estimated to\xa0generate $10 billion in revenue for the Garden State.\nThe financial institutions will meet with Abbott under a grouping called “Coalition To Prevent The Taxing Of Retirement Savings.”\nA spokesperson for Abbott told NBC 5 DFW that the governor\xa0“looks forward to meeting with Nasdaq and showcasing Texas' business-friendly environment, skilled workforce, robust infrastructure, and low taxes, all of which foster greater economic growth in the Lone Star State.”\nWhy It Matters:The coalition comprises financial heavyweights like Nasdaq,CBOE Global Markets Inc.(BATS:CBOE), Citadel Securities,Equinix, Inc(NASDAQ:EQIX),UBS Group AG(NYSE:UBS), TD Ameritrade,\xa0and the owner of New York Stock Exchange —Intercontinental Exchange, Inc(NYSE:ICE).\nA move to Texas would reportedly lessen Wall Street’s dependence on the East Coast and be a boost for the booming data center industry in North Texas which has attracted the likes ofFacebook Inc(NASDAQ:FB) to the Dallas-Fort Worth area due to renewable energy resources.\nOther states that have expressed interest in hosting the exchanges' data centers include Virginia, North Carolina, and Illinois, which have all held talks with Nasdaq, according to NBC 5 DFW.\nPrice Action:Nasdaq Inc shares closed nearly 2% lower at $127.13 on Monday.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Amazon Recalls 350,000 Ring Doorbells After Some Catch Fire\n• Pfizer's COVID-19 Vaccine News Throws Bitcoin Rally Off Course\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin held on to its gains above the $15,000 psychological mark, up 0.6% at press time early Wednesday, as a former public official who is considered to be cryptocurrency-savvy was appointed to lead the financial policy transition team for President-elect Joe Biden. What Happened: Former Chairman of the Commodity Futures Trading Commission Gary Gensler has been appointed to lead the financial policy transition team for President-elect Joe Biden, CoinDesk reported Tuesday. Gensler has studied cryptocurrency closely and earlier testified before the Congress \x97 advocating against comparisons between cryptocurrencies and Ponzi schemes. Meanwhile, the deposit contract for Ethereum 2.0 has reached over 50,000 ETH or 10% of the required needed to usher in the new update, according to CoinDesk. The Vitalik Buterin-created cryptocurrency is making a move away from proof-of-work to a model that supports proof-of-stake. In order to become a validator on the new network, an Ethereum user must stake a minimum of 32 ETH. Once the new network goes live the validators will start earning block rewards to the tune of 8-15% annually, CoinDesk reported. Ethereum (ETH) traded 3.73% higher at $460.68 at press time, Chainlink (LINK) traded 3.55% higher at $13.13 and XRP traded 1.62% higher at $0.255. Bitcoin Cash (BCH) and Monero (XMR) were\xa0outliers to the upward movements of the altcoins declining 2.18% and 0.93%\xa0to $257.45 and $115.83, respectively. Why It Matters: Analysts pointed to institutional interest in the cryptocurrency space and the bullish movement of these assets overall, CoinDesk reported separately. Bitcoin has returned 114.94% returns and Ethereum has shot up 254.26% on a year-to-date basis. \x93Various institutions are committing to new products and R&D and giving a new set of investors more comfort that the space is maturing,\x94\xa0Brian Mosoff, CEO of Ether Capital, told CoinDesk. \x93BTC is digesting the recent confusing macro and political events and consolidating before its next move,\x94 said Jean-Marc Bonnefous, managing partner at Tellurian Capital, as per CoinDesk. Story continues Bonnefous noted the rotation from BTC to decentralized finance (DeFi), which he said was in \x93full swing now\x94 and was \x93typical of traders redeploying capital to higher yielding assets.\x94 Price Action: Bitcoin traded 0.59% higher at $15,389.19 at press-time. See more from Benzinga Click here for options trades from Benzinga Lyft Is Going All-In On Delivery Business To Take On Uber Eats Nasdaq, Other Exchanges To Meet Texas Governor Next Week To Explore Relocation Out Of New Jersey © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin held on to its gains above the $15,000 psychological mark, up 0.6% at press time early Wednesday, as a former public official who is considered to be cryptocurrency-savvy was appointed to lead the financial policy transition team for President-elect Joe Biden.\nWhat Happened:Former Chairman of the Commodity Futures Trading Commission Gary Gensler has been appointed to lead the financial policy transition team for President-elect Joe Biden, CoinDeskreportedTuesday.Gensler has studied cryptocurrency closely and earlier testified before the Congress — advocating against comparisons between cryptocurrencies and Ponzi schemes.\nMeanwhile, the deposit contract for Ethereum 2.0 has reached over 50,000 ETH or 10% of the required needed to usher in the new update,accordingto CoinDesk.\nThe Vitalik Buterin-created cryptocurrency is making a move away from proof-of-work to a model that supports proof-of-stake.\nIn order to become a validator on the new network, an Ethereum user must stake a minimum of 32 ETH. Once the new network goes live the validators will start earning block rewards to the tune of 8-15% annually, CoinDesk reported.\nEthereum (ETH) traded 3.73% higher at $460.68 at press time, Chainlink (LINK) traded 3.55% higher at $13.13 and XRP traded 1.62% higher at $0.255.\nBitcoin Cash (BCH) and Monero (XMR) were\xa0outliers to the upward movements of the altcoins declining 2.18% and 0.93%\xa0to $257.45 and $115.83, respectively.\nWhy It Matters:Analysts pointed to institutional interest in the cryptocurrency space and the bullish movement of these assets overall, CoinDeskreportedseparately.\nBitcoin has returned 114.94% returns and Ethereum has shot up 254.26% on a year-to-date basis.\n“Various institutions are committing to new products and R&D and giving a new set of investors more comfort that the space is maturing,”\xa0Brian Mosoff, CEO of Ether Capital, told CoinDesk.\n“BTC is digesting the recent confusing macro and political events and consolidating before its next move,” said Jean-Marc Bonnefous, managing partner at Tellurian Capital, as per CoinDesk.\nBonnefous noted the rotation from BTC to decentralized finance (DeFi), which he said was in “full swing now” and was “typical of traders redeploying capital to higher yielding assets.”\nPrice Action:Bitcoin traded 0.59% higher at $15,389.19 at press-time.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Lyft Is Going All-In On Delivery Business To Take On Uber Eats\n• Nasdaq, Other Exchanges To Meet Texas Governor Next Week To Explore Relocation Out Of New Jersey\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin held on to its gains above the $15,000 psychological mark, up 0.6% at press time early Wednesday, as a former public official who is considered to be cryptocurrency-savvy was appointed to lead the financial policy transition team for President-elect Joe **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: 2020-11-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $285,338,689,641 - Hash Rate: 122675182.48120748 - Transaction Count: 322277.0 - Unique Addresses: 713744.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: PayPal merchants will soon accept crypto payments as part of a major push into the “virtual currency marketplace.” The Bahamian central bank unveiled the world’s first CBDC. Kik and the SEC are nearing an end to a yearlong court battle over its $100 million initial coin offering (ICO). Here’s everything people are talking about in crypto today. PayPal’s playPayPal will be offeringtrading and transactionofbitcoin,bitcoin cash,etherandlitecoinin the next few weeks to its 346 million customers and 26 million merchants through a partnership with Paxos Trust Company, although for some users, the features are already available. The New York State Department of Financial Services (DFS) has granted the first “conditional BitLicense” to PayPal, a regulatory arrangement where interested companies can operate in the state’s “virtual currency marketplace” by working with already chartered firms. “DFS will continue to encourage and support financial service providers to operate, grow, remain and expand in New York and work with innovators to enable them to germinate and test their ideas,” the watchdog said. Many in the industry see this as a year-defining event that could rapidly expand crypto’s pool of potential users. Others take umbrage that the payments firm will not initially allow users to transfer crypto outside of the PayPal network. “You own the cryptocurrency you buy on PayPal but will not be provided with a private key,” the company wrote in a help post. Another allocationMode Global Holdings, a London Stock Exchange-listed company, has announced plans to make a“significant purchase”of bitcoin as part of its treasury investment strategy. The fintech group said it will convert up to 10% of its cash reserves into the cryptocurrency as part of a long-term strategy to “protect investors’ assets from currency debasement.” “Faced with the challenges of COVID-19 and with U.K. interest rates at the lowest level in the Bank of England’s 326-year history, our confidence in the long-term value of bitcoin has only increased,” said Jonathan Rowland, Mode’s executive chairman. Related:First Mover: The FOMO Takes Over as PayPal Play Sparks Bitcoin Rally to $13K It’s officialThe Central Bank of the Bahamas hasofficially launched its national digital currency,the sand dollar, an attempt to reduce the friction of bringing financial services to its dispersed, and often underbanked, population. This marks the first official deployment of a central bank digital currency (CBDC), which will be rolled out initially to private-sector banks and credit unions. Personal wallets are secured with multi-factor authentication security and will be mobile-based, servicing the 90% of the population with smartphones. The sand dollar is backed 1:1 to the Bahamian dollar (BSD), which, in turn, is pegged to the U.S. dollar. Future bulls?Bitcoin futures traders aresignificantly less bullish as bitcoin traded past $12,000Tuesday compared to when bitcoin reached the same level nearly two months ago. When bitcoin traded near $12,000 throughout August, finally reaching the key level mid-month, funding rates for perpetual futures turned acutely positive across leading derivative exchanges, reflecting the market’s bullishness. As bitcoin revisited $12,000 Tuesday, however, funding rates reacted differently, staying flat or turning negative, indicating a lack of the same bullishness two months ago. Decentralization metricA New York law firm unveiled a new metric to test thedecentralization of particular blockchainprojects. Called the “Ketsal Open Standards” rubric, the toolkit, developed by the Ketsal law firm, outlines 33 data points – including node count, GitHub statistics and measurements of the inter-node communication times – to weigh the distribution of a network. The lawyers looked to Bitcoin as the benchmark. “It’s a tool to push along an informed discussion on what you’re talking about when you’re saying, ‘my network is decentralized,’” Ketsal partner Josh Garcia said. Most Influential 2020: Cast Your Vote2020 has not been a good year by most metrics. There is no way to avoid this in a year-end retrospective. Related:First Mover: PayPal Rushes In and Bitcoin Breaches $12K, While USDC Gains on Tether Every year,CoinDesk recognizes the “Most Influential”people working to expand cryptocurrency and blockchain’s reach. It’s a list of the 10 outsized individuals who have gone the furthest and done the most. In this most unusual year, we need your help determining who should be named as Most Influential. Check out thelist of the top contendersandcast your vote by Oct. 31. • Why the Government Is Suing Google(Shira Ovide/New York Times) • ‘Garbage’ Market Data Is Holding Bitcoin Back: MicroStrategy CEO(Zack Voell/CoinDesk • Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi(Muyao Shen/CoinDesk) • DeFi deja vu as another stealth Andre Cronje project launches(Samuel Haig/CoinTelegraph) Kicking the can?Kik’s yearlong battle with the U.S. Securities and Exchange Commission (SEC) appears to have reached an end, with thesparring parties proposing a settlement. A proposed fine of $5 million, 5% of the $100 million raised in the 2017 token sale that sparked the battle, is regarded as being relatively light, all things considered. Tim Swanson, head of market intelligence at clearmatics, noted the penalty – if approved – would be in line with another high-profile lawsuit and settlement from last year: Block.one’s $24 million paid for a $4.1 billion unregistered securities offering. More pattern pieces were placed earlier this year when Telegram paid a fine and abandoned its blockchain-based network. Kik, however, plans to keep its Kin network alive, with promises to alert the watchdog of any future token sales. For many,including CoinDesk,Kik’s persistence in fighting the SEC was a laudable effort. In 2019, Ted Livingston, Kik CEO, was named Most Influential for his determination to bring the fight to court, potentially creating a precedent for how token sales might be treated under U.S. securities law. Pressure mounted in recent months, especially after a judge found Kik’s ICO in clear violation of the Howey Test, the gold standard to determine whether an asset is a security. Kik General Counsel Eileen Lyon said the SEC should create clear rules for the crypto industry, rather than publish “conflicting statements” and other non-binding forms of guidance in September. It’s a statement we’ve heard before. • Blockchain Bites: PayPal’s Play, Mode’s Bitcoin Buy, CoinDesk’s Most Influential Needs Your Vote • Blockchain Bites: PayPal’s Play, Mode’s Bitcoin Buy, CoinDesk’s Most Influential Needs Your Vote... - Reddit Posts (Sample): [['u/RedWineBlackPiano', 'My wife is actually pushing me to buy even more bitcoin', 50, '2020-11-11 00:27', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/', 'Anybody else recognise this ?', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/', 'jrwag9', [['u/Frednn', 19, '2020-11-11 01:24', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/gbvw7a5/', 'Be aware of her probable "snaps" when the next 30% drop hits the market.', 'jrwag9'], ['u/sonicode', 69, '2020-11-11 01:29', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/gbvwscu/', 'Her boyfriend is a bitcoiner', 'jrwag9'], ['u/3DprintRC', 17, '2020-11-11 01:46', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/gbvyn8y/', 'Nice. Is she single?', 'jrwag9'], ['u/RedWineBlackPiano', 29, '2020-11-11 01:59', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/gbvzz4c/', 'As long as BTC is on the way to 100K, no.', 'jrwag9'], ['u/Dookie_Man_Poops', 11, '2020-11-11 02:11', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/gbw1aw4/', 'Pushing or hitting is domestic violence. Divorce her. **Delete Facebook, Hit the Gym, Lawyer Up**', 'jrwag9'], ['u/Public-Thing', 11, '2020-11-11 03:19', 'https://www.reddit.com/r/Bitcoin/comments/jrwag9/my_wife_is_actually_pushing_me_to_buy_even_more/gbw8oz1/', 'Yea good on ya champ, you must be fun at parties', 'jrwag9']]], ['u/MarleysFriend', 'Tips and advice needed in my self-learning bitcoin/crypto learning process.', 45, '2020-11-11 00:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/jrws3k/tips_and_advice_needed_in_my_selflearning/', 'I dove in deep at first, and researched 3 weeks, setup a few secure wallets, purchased some coins, tried to remain anonymous, moved them around to see how things work. That’s about all I have done other than a ton of reading. I don’t have the extra cash to invest in mining, running my own node, etc.. just for learning purposes right now. If anything I need ways to earn money with my knowledge. Also I would like to know if there’s any formal education or certification that would help further my knowledge in anything fin- tech related. I’m just kinda stalled out right now and need to set some goals and need direction. Thank you everyone.', 'https://www.reddit.com/r/BitcoinBeginners/comments/jrws3k/tips_and_advice_needed_in_my_selflearning/', 'jrws3k', [['u/son_of_Bill_W', 16, '2020-11-11 02:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/jrws3k/tips_and_advice_needed_in_my_selflearning/gbw19ez/', 'Lots of different facets and free resources\nType these names into YouTube \n\nPhilosophical implications of state-less money: Robert Breedlove\n\nEconomics of bitcoin and effect of halving and difficulty adjustment on price of BtC: Preston pysh\n\nFiat v hard money, Austrian economics: Saifedean Ammous\n\nTechnology of bitcoin : free course on coursea taught by Princeton professor and TAs \n\nStock to flow ratio of bitcoin: 100trillionUSD “plan B”\n\nBitcoin in developing world: podcasts by Peter McCormack “what bitcoin did”\n\nLiterally limitless resources but those are some of my favorites. Enjoy.\n\nI constantly look for new flaws in the bitcoin thesis and the only I can find is a “black swan” event I.e. an unknown unknown which is impossible to hedge against besides having cash on hand for few months necessary expenses stored outside of bitcoin', 'jrws3k']]], ['u/ApprehensiveDuty2642', 'Bitcoin Core node Hacked', 14, '2020-11-11 01:31', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/', 'Hey guys, Im new using a Bitcoin Core Node, I had a big problem with a Bitcoin Core node.\n\nI install a node using an AWS image, and perform an integration using "denpa/php-bitcoinrpc" to send BTC automatically through JSON RPC. The problem was that after two operations we got hacked and lost 2.99 BTC. My question is, taking into account that the wallet in the bitcoin core had a "passphrase", taking into account that the bitcoin core could only be connected from another AWS instance through https, and WE HAD OPEN ONLY the port 8333 to "ANYWHERE". ... How could this be possible? Any Idea.... what Can I do to avoid this things??? Thanks in advance', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/', 'jrxgj8', [['u/Aussiehash', 18, '2020-11-11 02:04', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbw0hvt/', 'It is not recommended to keep tens of thousands of dollars in hot wallet. A full node runs beautifully on a Pi4 with 4GB RAM.\n\nWho made the AWS image ? That could contain malware.', 'jrxgj8'], ['u/nullc', 27, '2020-11-11 02:35', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbw3x15/', 'I\'m sad to hear about your losses.\n\nYour post doesn\'t really include enough details. You say "using an AWS image" -- what aws image? Is it possible someone has published an insecure AWS image targeting bitcoin users and you\'ve adopted it?\n\n> could only be connected from another AWS instance through https, and WE HAD OPEN ONLY the port 8333\n\nThese statements conflict. Could it be connected from another AWS instance or was only port 8333 open?\n\nPaste your bitcoin.conf (with any IPs and passwords blanked out).\n\nWas the wallet passphrase stored on either of the instances? Presumably it was if you were sending Bitcoin.\n\nUnrelated, I personally wouldn\'t run anything of value on AWS:\n\nRead your AWS contract. Not only do you old amazon harmless for such losses, you indemnify them. E.g. if Jeff Bezos were to personally go in and rob you and your customers were to sue amazon over the loss, you\'d be on the hook to defend them.', 'jrxgj8'], ['u/Mark_Bear', 14, '2020-11-11 02:53', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbw5v1q/', '>using an AWS image\n\nAWS is not someplace I would run a Bitcoin wallet.', 'jrxgj8'], ['u/Rupe_Knabu', 26, '2020-11-11 04:02', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbwd7wg/', 'Holy shit this is actually hilarious. Yeah, I’m pretty sure that seller fucked you over with their own malicious code. I mean, that thing you downloaded has ZERO REVIEWS, and who tf is “Techlatest.net”, and what gives them any type of credibility? You should’ve just downloaded Core from the official GitHub and left AWS out of it.\n\nEdit: I ran a Whois check on their website (techlatest.net) and it was registered in 2018 and based in India.\n\nhttps://www.whois.com/whois/techlatest.net\n\nDo with that information what you will, but to me, it’s clear this is a scam operation.', 'jrxgj8'], ['u/nullc', 28, '2020-11-11 04:45', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbwhnrf/', "I think there is a good chance the image you were using was malicious. I guess you should contact amazon.\n\nIt is extremely simple to setup a bitcoin node on an ordinary linux system. I can see how it would be easy for an attacker to exploit people who aren't very experienced by putting up a backdoored image. :(", 'jrxgj8'], ['u/hyu-', 16, '2020-11-11 09:40', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbx3igo/', '99% it\'s malicious. Just take a look at their site: [http://www.techlatest.net/](http://www.techlatest.net/).\n\nApart from the design that screams "FISHY", all of their "products" are actually GCP/AWS/Azure images for different purposes.', 'jrxgj8'], ['u/dlq84', 12, '2020-11-11 10:02', 'https://www.reddit.com/r/Bitcoin/comments/jrxgj8/bitcoin_core_node_hacked/gbx4ohz/', "You fucked up... Now go write a review about how it's a scam image to prevent other people from falling for the same shit. Also report it to Amazon.", 'jrxgj8']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, November 11, 2020', 52, '2020-11-11 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/js1045/daily_discussion_wednesday_november_11_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/js1045/daily_discussion_wednesday_november_11_2020/', 'js1045', [['u/anchoricex', 11, '2020-11-11 05:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/js1045/daily_discussion_wednesday_november_11_2020/gbwl86z/', 'i do believe thats einsteins formula for infinite money.', 'js1045'], ['u/xopowoooo', 10, '2020-11-11 06:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/js1045/daily_discussion_wednesday_november_11_2020/gbwpdip/', "You should never take out a loan. You're way too emotional ... 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:** ['For many of the nation’s wealthiest women, it’s all in the family. Three are from the Cox family, which commands a vast media, telecom and automotive empire. Five owe their sweet fortunes to a candy company that humbly began in a Tacoma, Washington, kitchen in 1911. Another five hail fromthe Walton family and the Walmart mega-fortunebuilt on the strategy of bringing discount shopping to small and rural communities.\nHowever, not all of the women here were born with wealth. There’s a self-made billionaire who started with one gas station and now helps weary travelers refuel in 41 states. One used her computer programming smarts to build a $3.2 billion company. Another is a community college dropout whose marketing acumen turned Americans on to pomegranate juice. GOBankingRates took a look at the 2020 Forbes list of richest people to identify the 20 American women worth the most.\nLearn more about these well-heeled women here.\nLast updated: Nov. 11, 2020\nKatharine Rayner is the granddaughter of James M. Cox, who founded the Cox Enterprises media and automotive empire. Rayner inherited an estimated 17% stake in Cox Enterprises, along with her brother and sister.\nRayner does not play an active role in the company. Her late husband, William Rayner, was a travel writer, painter and former editorial business manager for Condé Nast. The garden of their East Hampton, New York, estate was featured in Vogue in 2016.\nJudy Faulkner, a computer programmer who founded medical record software provider Epic, is also No. 2 on Forbes’ 2020 list of America’s self-made women. She started her company in her Wisconsin basement in 1979, and it now supports the medical records of more than half of all U.S. patients with the My Chart patient portal. The privately owned company has grown to $3.2 billion in sales without venture capital or acquisitions.\nFaulkner signed the Giving Pledge in 2015, promising to give 99% of her stake in Epic to charities dedicated to causes like reducing disparities in healthcare and improving equal opportunity in education. She also announced this November that her company would launch an innovation hub to encourage the sharing of creative solutions that improve patient care.\nRonda Stryker inherited 6% of medical equipment maker Stryker Corp. from her parents. Her grandfather, orthopedic surgeon Homer Stryker, founded the company in 1946. Today it is best known for its hospital beds. Ronda is a director of the company and serves on the board. She has a master’s degree in special needs education and previously taught in Kalamazoo, Michigan, public schools.\nThe Stryker Johnston Foundation, which Ronda runs with her husband, focuses on supporting social justice causes and the empowerment of disenfranchised communities.\nRead More:Watch Out, These Billionaires Could Buy Your City\nA self-made billionaire with her husband, Tom Love, the couple founded the Love’s Travel Stops & Country Stores convenience store chain. They opened a single gas station in Watonga, Oklahoma, in 1964 with a $5,000 loan from Tom’s parents. They now have more than 520 stores in 41 states. Judy went back to college at age 38 to earn undergraduate and graduate degrees in interior design from the University of Central Oklahoma.\nShe has co-chaired the United Way of Central Oklahoma’s annual fundraising campaigns and is known for her community work for causes in Oklahoma communities. She received an honorary doctorate of humanities and letters from Oklahoma City University in 2015.\nDiane Hendricks and her late husband, Ken Hendricks, co-founded ABC Supply, a wholesale distributor of roofing, siding and windows, in 1982. Diane grew up on a Wisconsin dairy farm as one of nine sisters and is now the chairperson of ABC, which is based in Beloit, Wisconsin, and has 780 branch locations with more than $11 billion in sales. She currently holds the No. 1 spot on the Forbes list of America’s richest self-made women.\nDiane is a well-known donor to the Republican party as well as an active supporter of economic development causes in Wisconsin.\nLinda Resnick and her husband, Stewart, own the Wonderful Co., the company behind brands such as POM Wonderful, Wonderful Pistachios, mandarin Halos and Fiji Water. The couple supplies the crops for their products from orchards they own in Texas, Mexico and California.\nResnick is also a former child actress who dropped out of school to start her own advertising agency at age 19.\nChristy Walton married John Walton, the son of Walmart founder Sam Walton, and inherited a stake in the company when her husband died in a plane crash in 2005.\nChristy lives in Jackson, Wyoming, and is known for her philanthropy. She established Cuna del Mar, an investment fund focusing on sustainable fishing practices, in 2010. She also founded iAlumbra, a business alliance organization promoting socially and environmentally conscious practices. She recently made headlines for her financial backing of the Lincoln Project, a Republican-led super PAC aimed at fighting the reelection campaign of President Donald Trump.\nOne of four sisters who are heirs to the Mars candy and pet food company, Victoria Mars inherited an estimated 8% equal stake in the company when her father, Forrest Mars Jr., died in 2016. Frank Mars, her great-grandfather, founded the candy company in 1911.\nVictoria, the eldest sister, age 63, has been heavily involved in the family business, having worked her way up the ranks to eventually become chairman. She is an outspoken advocate for women in the workforce, from management level to the supply chain of her company. Mars Inc. recently expanded its partnership with CARE International to empower women’s socioeconomic development in cacao growing regions of Ghana and the Ivory Coast.\nSee Who:These Billionaires Got Richer During the Pandemic\nValerie Mars and her three sisters, Victoria, Pamela and Marijike, each inherited an estimated 8% stake in the Mars Inc. candy and food company that their great-grandfather began in 1911 from his kitchen in Tacoma, Washington. In addition to candy, the company’s other food brands include Uncle Ben’s and pet food makers Pedigree and Whiskas.\nValerie, 61, is currently the vice president of corporate development of Mars Inc., where she focuses on acquisitions, joint ventures and divestitures. She has an MBA from Columbia Business School, a bachelor’s degree from Yale University and serves on the boards of Fiat Chrysler Automobiles, Royal Canin, Rabobank North America, Conservation International and others.\nOne of the four heiress-sisters to the Mars family candy fortune, Pamela, 60, has been involved in the company’s business operations since 1986. She has occupied various roles, including plant manager for pet food division Kal Kan Foods Inc. and board chairperson. She currently oversees the pet care division, which includes food brands Pedigree and Whiskas, as well as animal hospital chains in the U.S. and U.K. She also serves on the board of the Heineken company.\nThe youngest of the Mars sisters, 56-year-old Marijke inherited an equal estimated 8% stake in the Mars Inc. candy and pet food empire. She serves on the board of directors along with her sister Valerie, but keeps a lower profile than her siblings. She previously served as regional manager for pet food company Kal Kan Foods in Los Angeles and graduated from Duke University.\nShe has been an advocate for brands practicing social responsibility, highlighting the Mars company’s cause marketing programs.\nNancy Walton Laurie is the daughter of Walmart co-founder Bud Walton and inherited a stake in the company, along with her sister, Ann Walton Kroenke. Nancy is married to billionaire real estate developer Bill Laurie. Together they own Missouri’s Providence Bank and previously owned the St. Louis Blues hockey team.\nNancy is active in the performing arts community, having founded the Columbia Performing Arts Centre, and she serves on the board of trustees at The Juilliard School. The Chi Omega sorority named its Nancy Walton Laurie Leadership Institute in honor of the Walmart heiress and member.\nAnn Walton Kroenke and her sister, Nancy Walton Laurie, are both heiresses to the Walmart fortune via their father, Bud Walton, who co-founded the company with his brother.\nWalton Kroenke has a nursing degree and is married to billionaire real estate developer Stan Kroenke, who owns five U.S. and U.K. sports teams, including the Los Angeles Rams and Denver Nuggets. Stan reportedly purchased the Nuggets with his wife’s backing. She is not involved with the Walmart company.\nBlair Parry-Okeden is the granddaughter of James M. Cox, founder of Cox Enterprises, a private telecom company with communications and automotive divisions. Parry-Okeden inherited a 25% stake in the $21 billion company from her mother, Barbara Cox Anthony. Her brother, Jim Kennedy, is Cox’s chairperson, though she plays no role in the company.\nParry-Okeden, 70, lives in New South Wales, Australia, where she moved to live with her ex-husband, Simon Parry-Okeden, the son of a prominent Australian agriculturalist. She was ranked as Australia’s richest person on the 2016 Forbes Rich List. In 1989 she authored a children’s book called “Down By The Gate.”\nThe CEO and chairperson of Fidelity Investments, Abigail Johnson took over the executive role from her father in 2014. Her grandfather founded the financial firm in Boston in 1946. She earned an MBA from Harvard, worked summers at the family company and became an analyst there in 1988.\nJohnson has taken a nontraditional approach at the helm of Fidelity, launching new products targeting millennials and embracing socially responsible investing and cryptocurrencies like Bitcoin and blockchain. She is married to healthcare entrepreneur Christopher McKown.\nThe widow of Apple co-founder Steve Jobs, Laurene Powell Jobs inherited billions of dollars of stock in Apple and Disney when he died in 2011 of pan **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: 2020-11-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $295,033,563,047 - Hash Rate: 133524008.14281088 - Transaction Count: 324855.0 - Unique Addresses: 721180.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.87 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is making gains during the U.S. presidential election uncertainty while Ethereum’s gas data is highlighting a DeFi decline. • Bitcoin(BTC) trading around $14,061 as of 21:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours. • Bitcoin’s 24-hour range: $13,545-$14,232 • BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin’s price made gains Wednesday, hitting as high as $14,232 around 17:00 UTC (12 p.m. UTC), according to CoinDesk 20 data, after a brief dip in earlier trading. Read More:Bitcoin Dips as Trump Threatens to Stop Vote Counting Related:Bitcoin Breaks $15K as Investor Numbers Peak “Bitcoin has recovered from its post-election drop, crossing the $14,000 level once more,” said John Kramer, a trader at crypto market making firm GSR. “The asset has done a good job of going its own way all year, vastly outperforming stocks.” Bitcoin is up 90% versus the S&P 500’s comparatively paltry 4.5% performance in 2020. Stocks are up Wednesday despite the lack of a confirmed winner as yet in the U.S. presidential election. “Equities are unmoved by the uncertainty, rallying in the face of two possible outcomes,” GSR’s Kramer added. • The Nikkei 225 ended the day in the green 1.7% aspositive economic data out of Asia is signaling economic expansion. • Europe’s FTSE 100 closed up 1.6% astepid manufacturing data from October trounced investors’ concerns about Trump’s premature declaration of election victory. • In the United States the S&P 500 climbed 2.2% astech stocks made gains despite apprehension over the presidential election. Jason Lau, chief operating officer for San Francisco-based cryptocurrency exchange OKCoin, said he is not convinced that bitcoin’s jump Wednesday has anything to do with the election’s outcome. “While all eyes are on the election, it’s too early to attribute bitcoin’s gains to it in terms of the macro policy impact from either candidate,” Lau told CoinDesk. Related:First Mover: Bitcoin Likes Biden (and Fed's Powell) as Price Approaches $15K Cryptocurrency analysts are also keeping an eye on the U.S. Dollar Index, a measure of the greenback’s strength against a basket of other currencies, which is up 0.15% as of press time. “The dollar downtrend is due to resume,” said Bill Noble, Chief Technical Analyst atToken Metrics. Bitcoiners, as is often the case, remain bullish nevertheless. “Too many people believe the election can stop the crypto uptrend,”Token Metrics’ Noble said. “A strong desire for economic freedom and the emergence of inflation drives the uptrend in crypto. Those trends are in motion, and they will remain in motion regardless of who occupies the White House.” “My opinion is BTC will go up regardless of who wins this election in the short- to mid-term,” noted Alessandro Andreotti, an over-the-counter crypto trader. One signal for bullish sentiment: Overnight, over 6,700 CME bitcoin futures contracts traded (33,500 equivalent BTC), 75% more than what has been observed year to date and more than double the volume observed since launch, according to a representative from CME. The second-largest cryptocurrency by market capitalization,ether(ETH), was up Wednesday trading around $400 and climbing 4.6% in 24 hours as of 21:00 UTC (4:00 p.m. ET). Read More:Ethereum 2.0 Countdown Begins With Release of Deposit Contract Usage on Ethereum, in terms of total gas, has grown 113% in 2020 so far, from 37,252,588,523 on Jan. 1 to 79,617,868,730 on Tuesday. Meanwhile, fees on the Ethereum network, required to conduct transactions and interact with decentralized finance, or DeFi, continue to be lower. On Nov. 1, average transaction fees dipped as low as 0.00229753 ETH. Ben Chan, vice president of engineering for oracle provider Chainlink, says this data suggests despite the growth in 2020, there is currently less demand on the Ethereum network as interest in DeFi has seemingly waned. “What this could mean is people are less urgent to get transactions in, they’re willing to wait longer,” he told CoinDesk. Digital assets on theCoinDesk 20are mixed Wednesday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • zcash(ZEC) + 2.4% • orchid(OXT) + 1.5% • litecoin(LTC) + 1.5% Notable losers: • monero(XMR) – 3% • 0x(ZRX) – 2.2% • bitcoin cash(BCH) – 1.2% Read More:Razor Network Raises $3.7M to Prove There’s Room for More Oracles in DeFi Commodities: • Oil was up 2.1%. Price per barrel of West Texas Intermediate crude: $38.93. • Gold was in the red 0.24% and at $1,904 as of press time. Treasurys: • U.S. Treasury bond yields fell Wednesday. Yields, which move in the opposite direction as price, were down most on the two-year bond, dipping to 0.145 and in the red 15.9%. • Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD • Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD... - Reddit Posts (Sample): [['u/Podcastsandpot', 'Just realized something crazy...', 41, '2020-11-12 00:10', 'https://www.reddit.com/r/nanotrade/comments/jsiu9f/just_realized_something_crazy/', 'on a whim i just decided to look up where nano is now compared to 3 years ago. Then i compared that to bitcoin, ethereum and monero to get a general idea of how nano has performed vs some of the more popular coins in this market. \n\nmy findings, which you already know if you\'ve looked at the charts yourself, were astounding... On october 26 2017, 3 years ago, nano was $.0634. Today nano is $.75, so that\'s 12X growth in the past 3 years.\n\nON october 26 bitcoin was $9k, ($15k today), Monero was $150, (today its $112), and Eth was about $450, (same today). So bitcoin is the only one of the three that even grew at all over the past 3 years. So Nano didn\'t just outperform the most popular coins over the past 3 years, it absolutely SLAUGHTERED them in terms of growth over that period. \n\nSo how does Nano have a reputation as having "bad price action"? it crushed all the most popular coins over the past 3 years.', 'https://www.reddit.com/r/nanotrade/comments/jsiu9f/just_realized_something_crazy/', 'jsiu9f', [['u/Podcastsandpot', 15, '2020-11-12 01:10', 'https://www.reddit.com/r/nanotrade/comments/jsiu9f/just_realized_something_crazy/gbzjxt3/', 'you think Nano will probably "never" reach $2 again...? You actually crack me up. Wanna bet 50 Nano it reaches $2 by this time next year? Nano\'s gonna be like $5 -$50 by then so this is a rough bet for you, it\'s like I\'m stealing money. But as you\'re so confident in your assertions I\'m sure you won\'t not take the bet right?', 'jsiu9f'], ['u/gicacoca', 28, '2020-11-12 03:21', 'https://www.reddit.com/r/nanotrade/comments/jsiu9f/just_realized_something_crazy/gbzz7am/', "I'm very confident that Nano will be successful. I've said this before and I'm saying it today and I'll say it tomorrow. But I don't know when. And time is something that all of us have less and less as days go by. Hence the 'desperation' from some of us.\n\nBitcoin holders went through a similar phase in the early years. Just live your life normally because what matters is the Present.\n\nPersonally, I foresee Nano gaining wide adoption when IoT starts to be popular. I think that once Trump administration is out, the US Powerful Entrepreneurial Machine will be back on track with lots of innovation and cooperation with the whole world.", 'jsiu9f'], ['u/panacea102', 23, '2020-11-12 07:12', 'https://www.reddit.com/r/nanotrade/comments/jsiu9f/just_realized_something_crazy/gc0mcbo/', 'You should also realize that you’re cherry-picking extremely hard by comparing a time when all three of the other coins mentioned were already top tier cryptocurrencies recognized by most mainstream investors, and raiblocks was completely irrelevant. $0.06 puts raiblocks at around an $8million market cap, meaning most likely far less than $1million total had even been invested in the coin. People usually compare nano to the January-February 2018 time period because that’s when real volume started to flow into the coin, and it wasn’t one of the thousands of irrelevant altcoins.', 'jsiu9f']]], ['u/54815162342314159265', 'Would you wear clothes with bitcoin logos on it?', 20, '2020-11-12 01:35', 'https://www.reddit.com/r/Bitcoin/comments/jskd90/would_you_wear_clothes_with_bitcoin_logos_on_it/', 'On one side you would be promoting adoption and awareness, which is nice. \n\nOn the other hand, some people could think "this guy has money" putting you in danger.\n\nWhat are your thoughts?', 'https://www.reddit.com/r/Bitcoin/comments/jskd90/would_you_wear_clothes_with_bitcoin_logos_on_it/', 'jskd90', [['u/[deleted]', 10, '2020-11-12 01:43', 'https://www.reddit.com/r/Bitcoin/comments/jskd90/would_you_wear_clothes_with_bitcoin_logos_on_it/gbznsjd/', 'I\'ve seen a shirt with an image of a hammer and wording "this is not a drill" which is kinda funny. I guess if there is a shirt that says something side splittingly hilarious like "Bitcoin is money" I might consider it.', 'jskd90']]], ['u/dougshell', 'Has lite coin been left behind?', 43, '2020-11-12 01:55', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/', "I always thought litecoin was the silver to bitcoins gold. Bitcoin seems to be heading back towards it's all time high yet litecoin seems to be not growing nearly as much.\n\nThoughts?\n\nPlease don't pounce, I don't really follow to closely, don't make transactions, and don't mine.\n\nEdited because I includes my holding size and thought it was a small amount", 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/', 'jskpsb', [['u/htavares2', 26, '2020-11-12 02:02', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gbzpzly/', "I don't know much about this either but I feel bitcoin needs to climb a bit more so litecoin starts to pump. Once bitcoin hits ATH it will be all over the news and people will start to look at crypto again i'm feeling quite bullish on LTC :)", 'jskpsb'], ['u/bonestabone', 35, '2020-11-12 02:20', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gbzsa5k/', "No, there's still a lot happening behind the scenes, like MWEB (privacy) and CTV (smart contracts), and then on the marketing/adoption side you have Paypal being the big news. It's easy to hold Bitcoin because that's the king, you just need more patience with Litecoin.", 'jskpsb'], ['u/FarewellVHS', 13, '2020-11-12 03:19', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gbzyyy2/', 'Litecoin following EXACTLY the pattern from last cycle. Check the log chart to see. Initial boom to $140 so far, then it lags for another year or so flat and then out of nowhere starts to steadily rise for months, then within days skyrockets like 3-4x in a straight line up before crashing very very bad 90% or something like that.', 'jskpsb'], ['u/AmDDJunkie', 49, '2020-11-12 03:26', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gbzzod0/', "Nah, Litecoin seems to be much more stable (comparatively) than other coins, this should be a selling point. It'll pump once people look at the details. privacy features being added, TONS of daily transactions, more ATMs than any other coin (other than BTC), etc. \n\nLTC/BTC price is low, good time to stock up.", 'jskpsb'], ['u/ArchiMode25', 12, '2020-11-12 05:42', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gc0d6ra/', "Be patient. LTC time will come. LTC still has a lot of development happening. I held only LTC in 2017 and it worked out just fine. BTC leads the pack but BTCs rise is basically inevitable. Keep researching and don't forget to sit back and enjoy life. Crypto isn't everything, just one thing. Historically the 16-18 months after BTC halving there is a parabolic rise. The latest halving happened in May 2020 and BTC is up 500% by its low of 3200 in 2019. So IF 2021 is mega bull then LTC will do just fine.", 'jskpsb'], ['u/JoJopama', 10, '2020-11-12 06:12', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gc0gbns/', 'Exactly', 'jskpsb'], ['u/AmDDJunkie', 14, '2020-11-12 15:01', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gc1mmdh/', 'Wow, my first ever Reddit award! Most of the time Im lucky to get an upvote or two. Thank you!! :)', 'jskpsb'], ['u/JochenPlemper', 15, '2020-11-12 17:22', 'https://www.reddit.com/r/litecoin/comments/jskpsb/has_lite_coin_been_left_behind/gc22u39/', 'If BTC will get dumped so will LTC.', 'jskpsb']]], ['u/mohrt', 'The BTC bug', 13, '2020-11-12 03:40', 'https://www.reddit.com/r/bitcoincashSV/comments/jsmhhb/the_btc_bug/', '**Regarding the recent BSV wallet bug (which was promptly fixed), compare that to the long standing bug IN BTC ITSELF that caps the block size to 1 Meg. Guess how much that has cost users in tx fees, and continues to do so. Zero utility. Dead coin walking.', 'https://www.reddit.com/r/bitcoincashSV/comments/jsmhhb/the_btc_bug/', 'jsmhhb', [['u/NemisisOcr', 11, '2020-11-12 04:13', 'https://www.reddit.com/r/bitcoincashSV/comments/jsmhhb/the_btc_bug/gc04m2u/', 'Oh...no no... that my friend, is a feature. Lol... btc will be the biggest bubble in human history.', 'jsmhhb']]], ['u/MenacingMelons', 'Just made my first Lightning Network transaction and it was easier than I could have ever imagined', 78, '2020-11-12 04:41', 'https://www.reddit.com/r/Bitcoin/comments/jsnfgv/just_made_my_first_lightning_network_transaction/', "Whenever I have read about using LN, setting up a node or channel, potentially losing funds, it has always turned me off from the idea. It seems too complicated (for me) and too much of a risk(constant smear from other subs). A few weeks ago I saw a video of a guy using LN to get around and it interested me. Well, today I made my first transaction today using Breez and Fold. It was a simple gift card purchase, but it was easy and **very** user friendly. On top of that, you get sats back.\n\nSorry this isn't a post about achieving financial freedom due to BTC, but I used BTC to buy some new jeans, and that's awesome.\n\nVery excited for the future now that I've got a taste of lightning.⚡⚡", 'https://www.reddit.com/r/Bitcoin/comments/jsnfgv/just_made_my_first_lightning_network_transaction/', 'jsnfgv', [['u/Cryptoguruboss', 13, '2020-11-12 05:05', 'https://www.reddit.com/r/Bitcoin/comments/jsnfgv/just_made_my_first_lightning_network_transaction/gc09s1s/', 'Try breeze wallet with strike app it will blow your mild... breeze is non custodial', 'jsnfgv'], ['u/[deleted]', 15, '2020-11-12 05:54', 'https://www.reddit.com/r/Bitcoin/comments/jsnfgv/just_made_my_first_lightning_network_transaction/gc0efbp/', 'Headlines in a few years - "The most expensive jeans in history.."', 'jsnfgv'], ['u/MenacingMelons', 11, '2020-11-12 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 to USD, rallied by 3.74% on Thursday. Following on from a 2.60% gain on Wednesday, Bitcoin ended the day at $16,296.2.\nIt was a bearish start to the day. Bitcoin fell to an early morning intraday low $15,453.0 before making a move.\nSteering clear of the first major support level at $15,341, Bitcoin rallied to a late intraday high $16,325.0.\nBitcoin broke through the first major resistance level at $16,030 to wrap up the day at $16,290 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBitcoin Cash ABC (+0.72%), Bitcoin Cash SV (+0.03%), Crypto.com Coin (+2.29%), and Litecoin (+2.38%) joined Bitcoin in the green to buck the trend on the day.\nIt was a bearish day for the rest of the majors.\nChainlink and Polkadot slid by 2.99% and by 4.62% respectively to lead the way down.\nBinance Coin (-1.19%), Cardano’s ADA (-1.30%), Ethereum (-0.17%), and Ripple’s XRP (-0.45%) also saw red on the day.\nFor the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Thursday high $466.77bn. At the time of writing, the total market cap stood at $495.66bn.\nBitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Thursday high 65.90%. At the time of writing, Bitcoin’s dominance stood at 65.93%.\nAt the time of writing, Bitcoin was up by 0.27% to $16,340.0. A mixed start to the day saw Bitcoin fall to an early morning low $16,266.5 before rising to a high $16,344.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Binance Coin and Polkadot were down by 0.02% and by 0.45% respectively to buck the trend early on.\nIt was a relatively bullish start to the day for the rest of the majors, however.\nAt the time of writing, Litecoin was up by 1.14% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $16,024.4 to bring the first major resistance level at $16,596 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the morning high $16,344.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level at $16,895 and resistance at $17,000.\nFailure to avoid a fall through the $16,024 pivot would bring the first major support level at $15,725 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level sits at $15,153.\nThisarticlewas originally posted on FX Empire\n• Consumer Sentiment, COVID-19, and Capital Hill Puts the Dollar in Focus\n• SP 500 Price Forecast – Stock Markets Continue to Look a Bit Exhausted\n• Crude Oil Price Update – Big Challenge for Bulls on Test of $40.25 – $38.99 Retracement Zone\n• Cisco Shares Jump Over 8% After Earnings Beat; Target Price $55 in Best Case\n• Nike Fails Second Breakout Attempt\n• Gold Price Prediction – Prices Edge Higher on Flat CPI', 'Bitcoin, BTC to USD, rallied by 3.74% on Thursday. Following on from a 2.60% gain on Wednesday, Bitcoin ended the day at $16,296.2. It was a bearish start to the day. Bitcoin fell to an early morning intraday low $15,453.0 before making a move. Steering clear of the first major support level at $15,341, Bitcoin rallied to a late intraday high $16,325.0. Bitcoin broke through the first major resistance level at $16,030 to wrap up the day at $16,290 levels. The near-term bullish trend remained intact, supported by the latest move through to $15,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Bitcoin Cash ABC (+0.72%), Bitcoin Cash SV (+0.03%), Crypto.com Coin (+2.29%), and Litecoin (+2.38%) joined Bitcoin in the green to buck the trend on the day. It was a bearish day for the rest of the majors. Chainlink and Polkadot slid by 2.99% and by 4.62% respectively to lead the way down. Binance Coin (-1.19%), Cardano’s ADA (-1.30%), Ethereum (-0.17%), and Ripple’s XRP (-0.45%) also saw red on the day. For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Thursday high $466.77bn. At the time of writing, the total market cap stood at $495.66bn. Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Thursday high 65.90%. At the time of writing, Bitcoin’s dominance stood at 65.93%. This Morning At the time of writing, Bitcoin was up by 0.27% to $16,340.0. A mixed start to the day saw Bitcoin fall to an early morning low $16,266.5 before rising to a high $16,344.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin and Polkadot were down by 0.02% and by 0.45% respectively to buck the trend early on. It was a relatively bullish start to the day for the rest of the majors, however. Story continues At the time of writing, Litecoin was up by 1.14% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $16,024.4 to bring the first major resistance level at $16,596 into play. Support from the broader market would be needed for Bitcoin to break out from the morning high $16,344.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $16,895 and resistance at $17,000. Failure to avoid a fall through the $16,024 pivot would bring the first major support level at $15,725 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level sits at $15,153. This article was originally posted on FX Empire More From FXEMPIRE: Consumer Sentiment, COVID-19, and Capital Hill Puts the Dollar in Focus SP 500 Price Forecast – Stock Markets Continue to Look a Bit Exhausted Crude Oil Price Update – Big Challenge for Bulls on Test of $40.25 – $38.99 Retracement Zone Cisco Shares Jump Over 8% After Earnings Beat; Target Price $55 in Best Case Nike Fails Second Breakout Attempt Gold Price Prediction – Prices Edge Higher on Flat CPI', "Pfizer Inc (NYSE: PFE ) is in negotiations with the government of Brazil to supply its COVID-19 vaccine to the country, Reuters reported Thursday. What Happened: The negotiations are reportedly centered around supplying the vaccine in the first quarter of 2021. “We are working strongly with the Brazilian government to try to fast-track the availability (of the vaccine) in Brazil as fast as possible,” Carlos Murillo, the head of Pfizer in Brazil said in an online event, as per Reuters. Pfizer’s vaccine needs to be stored at minus 70 degrees Celsius (-94 degrees Fahrenheit), which could pose a challenge in developing countries, where maintaining a storage chain is an obstacle. Why It Matters: Pfizer and BioNTech SE (NASDAQ: BNTX ) reported this month that their\xa0mRNA\xa0vaccine candidate showed 90% effectiveness in preventing COVID-19 in\xa0a large-scale Phase 3 study, based on interim data. The high efficacy shown by the drugmaker sets a high bar for others such as Moderna Inc (NASDAQ: MRNA ) working on an mRNA vaccine. Murillo disclosed that the New York-based drugmaker had developed a way to keep the vaccine in good condition using only dry ice, noted Reuters. The vaccine would be sold at three different price points, depending on the income level of the country, according to Pfizer's Brazil head. Price Action: Pfizer shares closed nearly 2.5% lower at $37.55 on Thursday. On the same day, BioNTech stock closed about 7.14% lower and gained 1.33% in the after-hours session. See more from Benzinga Click here for options trades from Benzinga Pfizer's COVID-19 Vaccine News Throws Bitcoin Rally Off Course Eli Lilly's Antibody Treatment For COVID-19 Gets FDA Emergency Use Authorization © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Pfizer Inc(NYSE:PFE) is in negotiations with the government of Brazil to supply its COVID-19 vaccine to the country, ReutersreportedThursday.\nWhat Happened:The negotiations are reportedly centered around supplying the vaccine in the first quarter of 2021.\n“We are working strongly with the Brazilian government to try to fast-track the availability (of the vaccine) in Brazil as fast as possible,” Carlos Murillo, the head of Pfizer in Brazil said in an online event, as per Reuters.\nPfizer’s vaccine needs to be stored at minus 70 degrees Celsius (-94 degrees Fahrenheit), which could pose a challenge in developing countries, where maintaining a storage chain is an obstacle.\nWhy It Matters:Pfizer andBioNTech SE(NASDAQ:BNTX) reported this month that their\xa0mRNA\xa0vaccine candidate showed90% effectivenessin preventing COVID-19 in\xa0a large-scale Phase 3 study, based on interim data.\nThe high efficacy shown by the drugmaker sets ahigh bar for otherssuch asModerna Inc(NASDAQ:MRNA) working on an mRNA vaccine.\nMurillo disclosed that the New York-based drugmaker had developed a way to keep the vaccine in good condition using only dry ice, noted Reuters. The vaccine would be sold at three different price points, depending on the income level of the country, according to Pfizer's Brazil head.\nPrice Action:Pfizer shares closed nearly 2.5% lower at $37.55 on Thursday. On the same day, BioNTech stock closed about 7.14% lower and gained 1.33% in the after-hours session.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Pfizer's COVID-19 Vaccine News Throws Bitcoin Rally Off Course\n• Eli Lilly's Antibody Treatment For COVID- **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: 2020-11-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $295,033,563,047 - Hash Rate: 115998982.07406694 - Transaction Count: 300040.0 - Unique Addresses: 685725.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.89 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Hong Kong, Sept. 21, 2020 (GLOBE NEWSWIRE) -- CryptoLocally, the leading non-custodial peer-to-peer crypto trading platform, is excited to announce today its deep technology partnership with the decentralised token swap protocol Swingby Skybridge. Limitations on Bitcoin’s composability have historically made it difficult to use it in the smart contracts that power peer-to-peer exchange platforms and instead require traders to swap the native coin for a wrapped version elsewhere, such as on a CEX, before moving it to a smart contract powered service like CryptoLocally – often adding in extra fees, custody risk, and KYC requirements. The partnership with Swingby will enable traders to send native Bitcoins through Cryptolocally. Incoming native Bitcoins will be routed through Swingby’s trustless “Bitcoin to Binance-chain” bridge “SkyBridge”, allowing for the BEP2 1:1 pegged assets to be used within the platform’s escrow smart contract. This will remove the need for third party custody exchanges and enable a long awaited feature for the CryptoLocally community that currently transact over $350k USD per month on the platform. Swingby’s advanced threshold-signature and MPC technology will enable the Cryptolocally to support the most liquid digital assets in the world, including Bitcoin, the $200 Billion market cap asset. CryptoLocally Co-Founder and chief engineer Jae Chung described the Swingby Skybridge as “the missing piece” needed in order to achieve the goal of offering even more token variety for trading, adding, “Swingby's Skybridge matches CryptoLocally's mantra perfectly — fast and non-custodial. We're very excited to bring this partnership to life and improve the trading experience for our users.“ Internal estimates predict that the addition of the native Bitcoin chain to the platform could conservatively triple the monthly trading volumes sending them over $1m USD per month. “We see ourselves as the ‘enablers’ of DeFi. Bridging together decentralised protocols and bringing the most liquid digital asset in the world, Bitcoin, into the ecosystem is our main mission. Our partnership with Cryptolocally is a great step in that direction and we are really excited to begin working with their team. By providing a trustless bridge between native Bitcoin and Binance-chain for each trade, the Swingby protocol can expect to process a few million dollars a month in baseline transaction volume and bring those volumes to our node stakers, whilst also facilitating more Bitcoin adoption on the CryptoLocally platform.” said Yusaku Senga, the founder and CEO of Swingby, adding “Once we have fully integrated our new groundbreaking one-round signing cryptography, and integrate Lighting Network in 2021, peer-to-peer trade times could be reduced to minutes or even seconds, giving the CryptoLocally platform a huge competitive advantage in the space.” About CryptoLocally CryptoLocallyis a leading P2P cryptocurrency trading platform. Our platform is non-custodial and uses a smart contracts escrow to provide additional security to users. Throughout the trading process no third party, including CryptoLocally, will have full control of the users’ crypto assets. That way, CryptoLocally remains a truly decentralised trading platform. The platform recently released a DeFi feature that allows users to earn interest on ETH, DAI, USDT, USDC, and GIV, our native token. Integrating the trading platform with DeFi capabilities and designing both to be easy to use have turned CryptoLocally into a viable pathway to financial inclusion for the 1.7 billion people still living without access to financial services. CryptoLocally recently closed a private sale of our native token, GIV. Investors includedFTX,IOSG Ventures,NGC Ventures,Genesis Block, andOne Block Capital. The GIV public sale will be held soon. About Swingby Swingby Labswas launched in Singapore in 2018 by a group of crypto enthusiasts joining forces to make the tools to connect Bitcoin with other blockchains.Swingby’s bridge protocol,Skybridge, builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of nodes that execute fast token swaps using layer 2 ‘multi-party computing’ technology. Skybridge allows users to move Bitcoin tokens between the Bitcoin, Ethereum, and Binance Chain blockchains without relying on a central custodian, opening up a world of DeFi capabilities such as liquidity pooling and trading with easy to use UX. Users can swap their coins across chains using self-custody wallets and there's no logins or KYC. The Skybridgetestnet bridgehas transactedover $14 Billionin testnet BTC capital between the Bitcoin and Binance Chain blockchains, and its decentralized technology has been fully battle tested in live high volume environments. In early 2021, Swingby plans to launch its Ethereum MainNet, bridging Bitcoin capital to an ecosystem which already hasover $750MM in Bitcoin capitallocked up in DeFi contracts. Building on exciting partnerships with projects such as Elrond, Waves and Kira Network, Swingby aims to expand reach to more projects, adding support where the most value can be added. The documentation pages for Skybridge, which offer a deeper dive into the technical aspects of the protocol, are locatedhere.Media Contact Information:Dan, Email: [email protected]:https://cryptolocally.com/en... - 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, BTC to USD, rose by 0.08% on Friday. Following on from a 3.74% rally on Thursday, Bitcoin ended the day at $16,308.6. It was a bullish start to the day. Bitcoin rose to an early morning intraday high and new swing hi $16,481.0 before hitting reverse. Falling short of the first major resistance level at $16,596, Bitcoin slid to a late afternoon intraday low $15,974.0. Steering clear of the first major support level at $15,725, Bitcoin bounced back to $16,300 levels to end the day in the green. The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC and Crypto.com Coin fell by 0.05% and by 2.65% respectively to buck the trend on the day. It was a bullish day for the rest, however, with Litecoin surging by 8.68% to lead the way. Chainlink (+3.79%), Ethereum (+3.07%), Polkadot (+2.91%), and Ripple’s XRP (+4.31%) also found strong support. Binance Coin (+1.88%), Bitcoin Cash SV (+1.67%), and Cardano’s ADA (+1.78%) trailed the front runners. For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.06bn. At the time of writing, the total market cap stood at $465.73bn. Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 66.00%. At the time of writing, Bitcoin’s dominance stood at 64.6%. This Morning At the time of writing, Bitcoin was down by 0.29% to $16,261.0. A mixed start to the day saw Bitcoin rise to an early morning high $16,315.0 before falling to a low $16,207.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.22%), Cardano’s ADA (+0.45%), Polkadot (+0.04%), and Ripple’s XRP (+2.09%) found early support. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Litecoin was down by 1.82% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $16,255 to bring the first major resistance level at $16,535 into play. Support from the broader market would be needed for Bitcoin to break out from Friday’s high $16,481.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $16,762 and resistance at $17,000. Failure to avoid a fall back through the $16,255 pivot would bring the first major support level at $16,028 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$16,000 levels. The second major support level sits at $15,748. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise as the Dollar Falls Following US PPI Report U.S. Dollar Index (DX) Futures Technical Analysis – 93.225 to 93.490 Too Much for Counter-Trend Buyers USD/CAD Daily Forecast – Resistance At The 50 EMA In Sight S&P 500 Weekly Price Forecast – Stock Markets Run Out of Steam S&P 500 Price Forecast – Stocks Markets Continue to Press Top of Range Silver Weekly Price Forecast – Silver Markets Continue Grind', 'Bitcoin, BTC to USD, rose by 0.08% on Friday. Following on from a 3.74% rally on Thursday, Bitcoin ended the day at $16,308.6. It was a bullish start to the day. Bitcoin rose to an early morning intraday high and new swing hi $16,481.0 before hitting reverse. Falling short of the first major resistance level at $16,596, Bitcoin slid to a late afternoon intraday low $15,974.0. Steering clear of the first major support level at $15,725, Bitcoin bounced back to $16,300 levels to end the day in the green. The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC and Crypto.com Coin fell by 0.05% and by 2.65% respectively to buck the trend on the day. It was a bullish day for the rest, however, with Litecoin surging by 8.68% to lead the way. Chainlink (+3.79%), Ethereum (+3.07%), Polkadot (+2.91%), and Ripple’s XRP (+4.31%) also found strong support. Binance Coin (+1.88%), Bitcoin Cash SV (+1.67%), and Cardano’s ADA (+1.78%) trailed the front runners. For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.06bn. At the time of writing, the total market cap stood at $465.73bn. Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 66.00%. At the time of writing, Bitcoin’s dominance stood at 64.6%. This Morning At the time of writing, Bitcoin was down by 0.29% to $16,261.0. A mixed start to the day saw Bitcoin rise to an early morning high $16,315.0 before falling to a low $16,207.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.22%), Cardano’s ADA (+0.45%), Polkadot (+0.04%), and Ripple’s XRP (+2.09%) found early support. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Litecoin was down by 1.82% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $16,255 to bring the first major resistance level at $16,535 into play. Support from the broader market would be needed for Bitcoin to break out from Friday’s high $16,481.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $16,762 and resistance at $17,000. Failure to avoid a fall back through the $16,255 pivot would bring the first major support level at $16,028 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$16,000 levels. The second major support level sits at $15,748. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise as the Dollar Falls Following US PPI Report U.S. Dollar Index (DX) Futures Technical Analysis – 93.225 to 93.490 Too Much for Counter-Trend Buyers USD/CAD Daily Forecast – Resistance At The 50 EMA In Sight S&P 500 Weekly Price Forecast – Stock Markets Run Out of Steam S&P 500 Price Forecast – Stocks Markets Continue to Press Top of Range Silver Weekly Price Forecast – Silver Markets Continue Grind', 'Bitcoin’s price quickly dropped below $16,000 Saturday morning, putting the rapid rally seen in recent weeks on pause.\n• Around 10:00 UTC, the cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours.\n• As reported earlier this week,analysts had been expectingbitcointo move into consolidation for a time, and possible to see a pullback.\n• That’s because the rally from $9,800 to over $16,000 over the past two months looked overstretched on the technical charts.\n• They anticipated, however, that the run toward bitcoin’s record high of around $20,000 would pick up the pace again, likely in December.\n• The bitcoin options market is also extremely bullish longer term, as datashowed Thursdaythat net demand for call options (bullish bets) was outstripping net demand for puts (bearish bets) by the highest level on record.\n• At press time, bitcoin prices had risen slightly to $15,860, down 2.87% over 24 hours.\nAlso read:$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges\n• Bitcoin Rally Falters as Price Drops Below $16K\n• Bitcoin Rally Falters as Price Drops Below $16K\n• Bitcoin Rally Falters as Price Drops Below $16K\n• Bitcoin Rally Falters as Price Drops Below $16K', 'Bitcoin\x92s price quickly dropped below $16,000 Saturday morning, putting the rapid rally seen in recent weeks on pause. Around 10:00 UTC, the cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours. As reported earlier this week, analysts had been expecting bitcoin to move into consolidation for a time, and possible to see a pullback. That\x92s because the rally from $9,800 to over $16,000 over the past two months looked overstretched on the technical charts. They anticipated, however, that the run toward bitcoin\x92s record high of around $20,000 would pick up the pace again, likely in December. The bitcoin options market is also extremely bullish longer term, as data showed Thursday that net demand for call options (bullish bets) was outstripping net demand for puts (bearish bets) by the highest level on record. At press time, bitcoin prices had risen slightly to $15,860, down 2.87% over 24 hours. Also read: $300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges Related Stories Bitcoin Rally Falters as Price Drops Below $16K Bitcoin Rally Falters as Price Drops Below $16K Bitcoin Rally Falters as Price Drops Below $16K Bitcoin Rally Falters as Price Drops Below $16K View comments', 'Bitcoin’s price quickly dropped below $16,000 Saturday morning, putting the rapid rally seen in recent weeks on pause.\n• Around 10:00 UTC, the cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours.\n• As reported earlier this week,analysts had been expectingbitcointo move into consolidation for a time, and possible to see a pullback.\n• That’s because the rally from $9,800 to over $16,000 over the past two months looked overstretched on the technical charts.\n• They anticipated, however, that the run toward bitcoin’s record high of around $20,000 would pick up the pace again, likely in December.\n• The bitcoin options market is also extremely bullish longer term **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: 2020-11-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $295,403,741,953 - Hash Rate: 118502557.22674464 - Transaction Count: 273511.0 - Unique Addresses: 613373.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: When Bitcoin SV (BSV) forked from Bitcoin Cash, its mandate to create a faster, payments-focused blockchain required gutting some of Bitcoin’s key technical features. In doing so, it gutted some of Bitcoin’s key features; now, it’s worse off for it. One of these features, the so-called pay-to-script hash (P2SH) function, allows a user to send a transaction by signing it to a “script” rather than a public key address. These scripts create special conditions that must be met in order to access thebitcoinssent to them, and they are most often used in multisignature transactions – or, transactions that require more than one party to approve. Related:Market Wrap: Bitcoin Drops as Low as $14.8K; ETH Options Open Interest at Record High Before P2SH transactions came to Bitcoin in 2012, Bitcoin’s only transaction type would send payments to a public key address through the pay-to-public-key-hash (P2PKH) function. Bitcoin Core developer and former Blockstream CTOGregory Maxwellpostedon Reddit’s r/bsvthat BSV developers removed the P2SH feature some time ago from the BSV blockchain’s code. In the ElectrumSV wallet (“and presumably elsewhere,” Maxwell says in the post), developers replaced the feature with a bootleg, BSV-specific version called“accumulator multisig”that utilized P2PKH transactions instead. There’s a reason Bitcoin uses P2SH for multisig and not P2PKH, because the latter is not ideal for multisignature transactions. It’s so insecure, in fact, that BSV holders are losing funds, Maxwell says in the post. Related:Buggy Code in This Compound Finance Fork Just Froze $1M in Ethereum Tokens “These scripts had no security at all,” he explains. According to Maxwell, the code’s architects only checked to see if the multisig transactions would work with the exact number of private keys needed to send the transaction (a multisig wallet requires more than one private key to authorize a transaction). They did not test transactions if more or fewer keys than necessary are present. In his testing, Maxwell found two significant problems: first, that multisig spends fail if more than the minimum number of keys sign a transaction. Second, anyone could tap the multisig funds “with too few signatures (such as none at all).” Read more:In Big Block Hard Fork, Craig Wright’s Bitcoin Has Left Nodes Behind One BSV user, Aaron Zhou,lost600BSVto anattack exploiting this weaknesson his multisignature wallet. When enquiring about the loss to a developer in a BSV chatroom, Zhou said that he trusted “it was safe enough” because “it was introduced by CoinGeek,” a pro-BSV media outlet bankrolled by Calvin Ayre, a close friend of BSV creator Craig Wright.  By way of response, a developer in the chat chastised Zhou by saying he should only have committed “small amounts” to the wallet. With a tone of frustration in his post, Maxwell said that “the error could have been avoided with even the most basic testing or review.” The fiasco is a reminder that cryptocurrency development comes with trade-offs and requires diligence. BSV’s founders and proponents have marketed it as payments-focused coin with massive block sizes and blisteringly fast transaction times. To achieve these properties, BSV developers chose to strip Bitcoin’s code of key features. As evidenced by the multisig fiasco, this can come at the expense of security. When money is on the line, you can’t move fast and break things. Often criticized as a slow-grinding, too-conservative process, Bitcoin development often proceeds with the principles of caution and precision in mind. Unsurprisingly, as a Bitcoin Core developer Maxwell favors this methodical approach over the perfunctory one. “This situation would have been avoided entirely had BSV not ripped out the competent, time-tested and highly peer-reviewed mechanisms for multisig by Bitcoin in favor of far less efficient home-brew crypto,” said Maxwell. “Kinda makes you wonder what amazing bugs are lurking in their node software or wallets. I can say for sure: I’m not going to run any of it and risk finding out.” Developers at ElectrumSV have not yet returned answers to questions from CoinDesk. • Flaw in Bitcoin SV Multisig Wallet Puts Funds at Risk • Flaw in Bitcoin SV Multisig Wallet Puts Funds at Risk... - Reddit Posts (Sample): [['u/nullbio', "I'm setting up WeNano hotspots in schools", 120, '2020-11-14 00:19', 'https://www.reddit.com/r/nanocurrency/comments/jtqyjq/im_setting_up_wenano_hotspots_in_schools/', "I've just purchased $500 worth of Nano to start setting up hotspots in WeNano at schools. I know it's not much in the grand scheme, but hopefully other people can contribute to them as well. I was pleasantly surprised to see that the WeNano devs added a way to buy Nano inside the app, making it really easy to do. One of my trepidations for not doing this sooner was because I didn't want to take funds from my personal Nano stack.\n\nI really think this is one of the best ways we can spread adoption, schoolkids have a way of spreading this sort of thing like wildfire, and if we can get this in the hands of our youth they'll run with it as they see the appeal of Nano over traditional coins like Bitcoin. Plus it's a fun thing for them to do and talk about on their lunch breaks, and a few dollars to a school kid is a lot of money and can be used to buy snacks at their canteen or bartered among eachother for lunch snacks. I could see an economy forming really easily among them.\n\nIf you've got some spare cash consider doing the same for schools in your area. WeNano is one of the best tools we have to spread awareness.", 'https://www.reddit.com/r/nanocurrency/comments/jtqyjq/im_setting_up_wenano_hotspots_in_schools/', 'jtqyjq', [['u/livewithoutchains', 26, '2020-11-14 00:42', 'https://www.reddit.com/r/nanocurrency/comments/jtqyjq/im_setting_up_wenano_hotspots_in_schools/gc7d0xa/', 'That’s a really great idea and I’m surprised no one has thought of doing that yet. Not to sound like an old guy but kids these days are always on their phones and are more open to new tech. Very generous too.', 'jtqyjq'], ['u/WorldPeaceIsSoMetta', 14, '2020-11-14 00:54', 'https://www.reddit.com/r/nanocurrency/comments/jtqyjq/im_setting_up_wenano_hotspots_in_schools/gc7e91m/', 'Love it!! It’s a creative way to get in front of open minded people!', 'jtqyjq'], ['u/wurapurp', 17, '2020-11-14 01:26', 'https://www.reddit.com/r/nanocurrency/comments/jtqyjq/im_setting_up_wenano_hotspots_in_schools/gc7hlqo/', 'Imagine how many stories you’ll see of “I used x amount of nano to buy chocolate milk which would now be worth x amount”', 'jtqyjq'], ['u/nullbio', 10, '2020-11-14 02:41', 'https://www.reddit.com/r/nanocurrency/comments/jtqyjq/im_setting_up_wenano_hotspots_in_schools/gc7p4a4/', "I think highschool is a sweet spot. They're resourceful at their age, a little money is a lot of money to them, and they're creative enough to create economies among themselves - where as I feel like uni students wouldn't be bothered to do something like that, since they can just use cash and cards. As for the investing part, I think awareness comes first. If it becomes a thing at their school, they'll tell their family members about it and their family members will be old enough to invest. It's about creating a network effect and word of mouth more-so than the individual. Plus high-school kids can generally swindle their parents to give them a bit of money for things like this if they can convince their parents it's in their best interest. It's a great way to spark discussion and it's a bit of fun for kids.", 'jtqyjq']]], ['u/Yauper', "If you don't understand why Bitcoin is important, read this article", 122, '2020-11-14 00:21', 'https://www.reddit.com/r/Bitcoin/comments/jtqzo9/if_you_dont_understand_why_bitcoin_is_important/', 'This one of the most important articles I have read in a while, props to the writer, Bitcoin has a bright future folks.\n\n[https://breedlove22.medium.com/masters-and-slaves-of-money-255ecc93404f](https://breedlove22.medium.com/masters-and-slaves-of-money-255ecc93404f)', 'https://www.reddit.com/r/Bitcoin/comments/jtqzo9/if_you_dont_understand_why_bitcoin_is_important/', 'jtqzo9', [['u/Leading_Zeros', 15, '2020-11-14 00:31', 'https://www.reddit.com/r/Bitcoin/comments/jtqzo9/if_you_dont_understand_why_bitcoin_is_important/gc7bwdi/', "Sure is one of the best. Don't miss out on the rest of Breedlove's work.", 'jtqzo9']]], ['u/Type-Ten', 'Idle Momentum: The Rebirth Update', 73, '2020-11-14 00:30', 'https://www.reddit.com/r/incremental_games/comments/jtr5dh/idle_momentum_the_rebirth_update/', "Hello fellow incremental gamers!\n\nI posted my game, Idle Momentum, for the first time roughly 2 months ago, and I am back with a big update. I wanted to release this update much sooner, but got very busy in my personal life. This update packs a lot of new features, existing feature updates, QoL improvements, and more.\n\nThe game can be accessed at [idlemomentum.com](https://idlemomentum.com).\n\nThe full changelog can be accessed by [clicking here](https://idlemomentum.com/changelog).\n\nPlease see the summary changelog below.\n\n**v1.3\xa0Production\xa0Release\xa0Summary\xa0\\* November\xa013,\xa02020** The\xa0following\xa0changelog\xa0notes\xa0serve\xa0to\xa0summarize\xa0the\xa0changes\xa0to\xa0Idle\xa0Momentum\xa0between the\xa0last\xa0production\xa0release\xa0`v1.0.4`\xa0and current release\xa0`v1.3.6`.\xa0There\xa0are\xa0many\xa0more\xa0changes,\xa0bug\xa0fixes,\xa0and\xa0QoL\xa0updates\xa0that\xa0aren't\xa0outlined\xa0below.\xa0Find\xa0more\xa0in-depth\xa0version\xa0notes\xa0by following the full changelog link above.\n\n**New\xa0Features**\n\n* Badges:\xa0Earn\xa0badges\xa0for\xa0each\xa0major\xa0prestige\xa0completed\xa0starting\xa0at\xa0major\xa05;\xa0each\xa0one\xa0adds\xa0a\xa02x\xa0speed\xa0multiplier\xa0to\xa0a\xa0random\xa0resource\xa0that\xa0lasts\xa0through\xa0ascension\n* Rebirth:\xa0The\xa0fourth\xa0layer\xa0of\xa0prestige;\xa0the\xa0first\xa0Rebirth\xa0can\xa0be\xa0completed\xa0at\xa0100K\xa0AP\n* Rewards:\xa0Every\xa02\xa0hours,\xa0spin\xa0a\xa0reward\xa0wheel\xa0and\xa0receive\xa0a\xa0random\xa0prize!\n* Reset\xa0Password\n\n**Existing\xa0Feature\xa0Updates**\n\n* Major\xa0performance\xa0optimization\n* Ascension\n * Ascension\xa0point\xa0earning\xa0formula\xa0tweaked\n * Ascension\xa0automation\xa0reworked\xa0to\xa0be\xa0cheaper\xa0and\xa0more\xa0effective\n * Many\xa0existing\xa0Ascension\xa0upgrades\xa0have\xa0been\xa0tweaked\xa0to\xa0be\xa0more\xa0powerful\xa0than\xa0before \\* New\xa0Ascension\xa0upgrades:\xa0`Minor\xa0/\xa0Major\xa0/\xa0Ascension\xa0Time\xa0Multiplier`,\xa0`Increased\xa0Offline\xa0Hours`,\xa0`Global\xa0/\xa0Occupation\xa0Multiplier\xa0Enhancement`,\xa0`Spent\xa0AP\xa0Multiplier`,\xa0`Multi\xa0Resource\xa0Upgrade`\n * `Increased\xa0Major\xa0Points`\xa0Ascension\xa0upgrade\xa0moved\xa0to\xa0Rebirth\n * Ability\xa0to\xa0purchase\xa0upgrades\xa0in\xa0bulk\xa0added\n * `Occupation\xa0Multiplier`\xa0Ascension\xa0upgrade\xa0removed\n* Milestones\n * Milestones\xa0now\xa0more\xa0accurately\xa0depict\xa0how\xa0many\xa0pending\xa0milestones\xa0are\xa0available\n * Reward\xa0cards\xa0no\xa0longer\xa0show\xa0the\xa0before\xa0and\xa0after\xa0for\xa0simplicity's\xa0sake\n * Immutable\xa0cards\xa0(lasts\xa0through\xa0ascension)\xa0are\xa0now\xa0possible\xa0through\xa0a\xa0Rebirth\xa0upgrade\xa0or\xa0through\xa0the\xa0reward\xa0wheel\n* Shop\n * The\xa0shop\xa0is\xa0now\xa0separated\xa0into\xa0shop\xa0categories\xa0and\xa0has\xa0a\xa0few\xa0new\xa0purchases\xa0that\xa0should\xa0have\xa0a\xa0bigger\xa0impact\xa0on\xa0the\xa0overall\xa0game\xa0experience\n * PayPal\xa0and\xa0Cryptocurrency\xa0(BTC,\xa0ETH,\xa0USDC)\xa0added\xa0as\xa0payment\xa0options\xa0in\xa0addition\xa0to\xa0Credit\xa0Card\xa0processing\n* Hover\xa0over\xa0`Max\xa0All`\xa0button\xa0to\xa0toggle\xa0Max-All\xa0mechanics\xa0upgrades\n* New\xa0settings\xa0and\xa0hotkeys\xa0added\xa0to\xa0the\xa0settings\xa0popup\n* The\xa0`Structure`\xa0occupation\xa0has\xa0been\xa0renamed\xa0to\xa0`Property`\n* Version\xa0notifications\xa0\\* get\xa0notified\xa0to\xa0save\xa0and\xa0reload\xa0when\xa0a\xa0new\xa0version\xa0is\xa0available\n* Progress\xa0balancing\xa0and\xa0upgrade\xa0cost\xa0tweaking\xa0in\xa0most\xa0aspects\xa0of\xa0the\xa0game\n* Save\xa0data\xa0size\xa0reduced\xa0by\xa080%\n* Maximum\xa0base\xa0offline\xa0hours\xa0increased\xa0to\xa04\xa0hours\xa0from\xa01\xa0hour\xa0and\xa0is\xa0now\xa0more\xa0accurate\xa0than\xa0before\n\nImage for thumbnail purposes: [https://imgur.com/bvsmsqs](https://imgur.com/bvsmsqs)", 'https://www.reddit.com/r/incremental_games/comments/jtr5dh/idle_momentum_the_rebirth_update/', 'jtr5dh', [['u/Gramidconet', 11, '2020-11-14 19:05', 'https://www.reddit.com/r/incremental_games/comments/jtr5dh/idle_momentum_the_rebirth_update/gc9s2ks/', 'Why is "nothing" on the prize wheel? It\'s such an unnecessary "fuck you" to the player.', 'jtr5dh']]], ['u/SweetPie123', '3000 MOON Giveaway: Guess The Price!', 114, '2020-11-14 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/jtr6kd/3000_moon_giveaway_guess_the_price/', "Binance close 23:59 CET 18637 (rounded up)\nWinner: 18647 - PM_ME_PLASTIC_BAGS \n\nMoon price close 23:59 CET 0.0197\nWinner: 0.0197 – ModernRefrigerator\n\nCLOSED AT 23:59 CET!**\n\n[https://docs.google.com/document/d/1PpDbEqcLzxj5dYc8\\_YnWFDpEFrHsOjsw0hr\\_JEgqojw/edit?usp=sharing](https://docs.google.com/document/d/1PpDbEqcLzxj5dYc8_YnWFDpEFrHsOjsw0hr_JEgqojw/edit?usp=sharing) **---> Link to all participants and their Guesses.**\n\n**To celebrate all the crypto success stories from the last few weeks and just because you guys are awesome I'm going to giveaway 3K Moons to you! (Please read the rules carefully!)**\n\n* *How can I win the Moons?*\n\nAll you have to do is leave a comment within 24H (will close at 23.59 CET) on this post about what you think the price will be of BTC (Binance price) and Moon (Honeyswap) on 21 Nov. (1 week from now). **Please formulate the answers like this: BTC 17000 and Moon 0.0000! In case you fail to do so, your answer will be invalid!**\n\n* *How will I be rewarded if I guess 1 or 2 answers right?*\n\nFor 1 correct answer or being the closest to the right number you will receiv... 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 to USD, fell by 1.54% on Saturday. Reversing a 0.08% gain from Friday, Bitcoin ended the day at $16,057.0. It was a bearish day. Bitcoin slid from an early morning intraday high $16,315.0 to a late afternoon intraday low $15,715.0. The extended sell-off saw Bitcoin slide through the first major support level at $15,743 and the second major support level at $15,429. Finding support late in the day Bitcoin broke back through the support levels to wrap up the day at $16,000 levels. The near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Ripple’s XRP rose by 0.98% to buck the trend on the day. It was a bearish day for the rest of the majors, however, which joined Bitcoin in the red. Crypto.com Coin (-3.16%) Litecoin (-3.27%), and Ethereum (-3.35%) led the way down. Bitcoin Cash ABC (-1.70%), Bitcoin Cash SV (-2.17%), Cardano’s ADA (-2.28%), and Chainlink (-2.29%) also struggled. Binance Coin (-0.93%) and Polkadot (-0.17%) saw relatively modest losses. For the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.06bn. At the time of writing, the total market cap stood at $455.81bn. Bitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 65.99%. At the time of writing, Bitcoin’s dominance stood at 65.10%. This Morning At the time of writing, Bitcoin was down by 0.55% to $15,969.0. A mixed start to the day saw Bitcoin rise to an early morning high $16,099.6 before falling to a low $15,925.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.22%), Cardano’s ADA (-0.26%), Chainlink (-0.47%), Crypto.com Coin (-0.89%), Ethereum (-0.06%), and Litecoin (-0.52%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was up by 3.07% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $16,029 to bring the first major resistance level at $16,343 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $16,315.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $16,500 before any pullback. The second major resistance level sits at $16,629. Failure to move back through the $16,029 pivot would bring the first major support level at $15,743 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level sits at $15,429. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – November 14th, 2020 S&P 500 Weekly Price Forecast – Stock Markets Run Out of Steam Gold Price Prediction – Prices Rise as the Dollar Falls Following US PPI Report The Crypto Daily – Movers and Shakers – November 15th, 2020 Crude Oil Weekly Price Forecast – Crude Oil Slams Into Top of Range European Equities: A Week in Review – 13/11/20', 'Bitcoin, BTC to USD, fell by 1.54% on Saturday. Reversing a 0.08% gain from Friday, Bitcoin ended the day at $16,057.0.\nIt was a bearish day. Bitcoin slid from an early morning intraday high $16,315.0 to a late afternoon intraday low $15,715.0.\nThe extended sell-off saw Bitcoin slide through the first major support level at $15,743 and the second major support level at $15,429.\nFinding support late in the day Bitcoin broke back through the support levels to wrap up the day at $16,000 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $16,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $8,768 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nRipple’s XRP rose by 0.98% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however, which joined Bitcoin in the red.\nCrypto.com Coin (-3.16%) Litecoin (-3.27%), and Ethereum (-3.35%) led the way down.\nBitcoin Cash ABC (-1.70%), Bitcoin Cash SV (-2.17%), Cardano’s ADA (-2.28%), and Chainlink (-2.29%) also struggled.\nBinance Coin (-0.93%) and Polkadot (-0.17%) saw relatively modest losses.\nFor the current week, the crypto total market cap fell to a Monday low $421.37bn before rising to a Friday high $471.06bn. At the time of writing, the total market cap stood at $455.81bn.\nBitcoin’s dominance fell to a Tuesday low 64.22% before rising to a Friday high 65.99%. At the time of writing, Bitcoin’s dominance stood at 65.10%.\nAt the time of writing, Bitcoin was down by 0.55% to $15,969.0. A mixed start to the day saw Bitcoin rise to an early morning high $16,099.6 before falling to a low $15,925.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (-0.22%), Cardano’s ADA (-0.26%), Chainlink (-0.47%), Crypto.com Coin (-0.89%), Ethereum (-0.06%), and Litecoin (-0.52%) joined Bitcoin in the red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ripple’s XRP was up by 3.07% to lead the way.\nBitcoin would need to move back through the pivot level at $16,029 to bring the first major resistance level at $16,343 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $16,315.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $16,500 before any pullback. The second major resistance level sits at $16,629.\nFailure to move back through the $16,029 pivot would bring the first major support level at $15,743 into play.\nBarring another extended crypto sell-off, Bitcoin should steer well clear of sub-$15,500 levels. The second major support level sits at $15,429.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – November 14th, 2020\n• S&P 500 Weekly Price Forecast – Stock Markets Run Out of Steam\n• Gold Price Prediction – Prices Rise as the Dollar Falls Following US PPI Report\n• The Crypto Daily – Movers and Shakers – November 15th, 2020\n• Crude Oil Weekly Price Forecast – Crude Oil Slams Into Top of Range\n• European Equities: A Week in Review – 13/11/20', "In the aftermath of a divisive U.S. presidential election that seems to mark the tail end of the 20th Century, I’m reminded of the daughters of the beginning of the Industrial Revolution. The “Mill Girls” of Lowell, Mass., made up 75% of all textile workers in the U.S. In the 1830s, they took jobs to put their brothers through college and feed their families. These young women, starting to work at age 15, were the fabric of their community’s economic production. It was the close-knit nature of their sisterhood that became what we now know as the American Federation of Labor and Congress of Industrial Organizations, the AFL-CIO.\nLabor has traditionally organized people in a common cause like union representation. Most of us have had to sell our labor for capital that someone else owns, giving us an incentive to work for common workplace standards. But that traditional labor-for-capital model has been joined by another driver of economic activity. Now our data is the labor that drives capital creation and distribution. And it’s time for us to take back what our communities are owed.\nJames Felton Keith is the author of “Inclusionism,” founding president of the Data Union, and advisory board member at the Streamr Network.\nRelated:Why Bitcoin Thrives (and Why It Won't Replace the Dollar)\nThe Lowell organizing efforts were notable not only for the “unfeminine” participation of women, but also for the political framework used to appeal to the public. They warned that “the oppressing hand of avarice would enslave us.” They used this sentiment in an 1836 strike song.\nOh! isn’t it a pity, such a pretty girl as I\nShould be sent to the factory to pine away and die?\nOh! I cannot be a slave, I will not be a slave,\nRelated:Crypto Execs Need Liability Insurance\nFor I’m so fond of liberty,\nThat I cannot be a slave.\nIn the modern era newspapers, NGOs and government officials from every continent are asking, “Are we slaves to big data?” Unlike the community of mill women, we’re not organizing for wages, not alone, we’re organizing for income based on the value of our community-of-participants. The thread of our data is the seminal input to every company’s productivity.\nLast week, I received a leaked copy of the forthcoming EuropeanData Governance Act(DGA). We anticipate some form of this legislation to pass the European Parliament in the March 2021 time frame. The legislation mentions “data unions” explicitly in sections 26 and 27.\n(26) An emerging variant are data cooperatives or data unions that seek to achieve a number of objectives…\n(27) …data cooperatives as intermediaries between data subjects and potential data users in the economy\nData unions (or cooperatives or collectives or communities) are a relatively new-old concept for a new natural resource: personal data. Unlike its wage-based rival of time, data is what economists call a non-rival good, meaning multiple users can consume it at once. Per the language of Europe’s recently enacted privacy regulation (GDPR) both data controllers (big tech platforms) and data processors (lil’ app companies) can generate value on data about you and your community alongside other firms, in the words of rapper Future,At The Same Damn Time.\nNow our data is the labor that drives capital creation and distr **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: 2020-11-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $295,403,741,953 - Hash Rate: 125178757.6338852 - Transaction Count: 252715.0 - Unique Addresses: 555375.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is both one of the most valuable and one of the most volatile individual assets on the market. At the time of writing a single bitcoin was valued at more than $13,650, up from a low of $5,000 six months earlier and down from its heights of nearly $20,000. For investors interested in this borderline unique asset, either as a currency oras an investment, bitcoins can be bought online, at an ATM and even in person. Here’s what you need to know about each of these options. But first, a quick introduction to Bitcoin. It’s avirtual money or cryptocurrencythat is created and exchanged independent of the banking system or government authority. Bitcoins are made througha process called “mining”that involves the use of computers to solve extremely difficult mathematical equations. Once the problem has been solved, the computer generates a specific number sequence that’s assigned to the bitcoin. Bitcoins get their value – which can vary drastically – based on supplyand demand. What Is Buying a Bitcoin? A bitcoin is built on a database that uses a coding format called “blockchain.”Blockchaindatabases allow the user to store information in a secure manner that supports both public and private information. Put in other words, one of the unusual features of a blockchain database is that third parties can see the information stored in the database without being able to change that data. A single bitcoin is known as a token. This token is not a physical asset. Rather, the Bitcoin database has recorded that a specific number of tokens exist. When you buy a token, the database then adds an entry to indicate that you now own this given token. So, for example, if you were to buy token ABC123, the database would then update so its record read: • Token ABC123 Owned by Previous Owner • Token ABC123 Previous Owner Transfers to New Owner • Token ABC123 Owned by New Owner Everyone in the world can see who owns Token ABC123, but the Bitcoin database will only allow the token’s current owner to transfer it (again, by editing the ownership information). When you buy a bitcoin token what you receive is that token’s private key. This is an alphanumeric string that allows you to access and edit the ownership of a bitcoin token. Like cash, whoever holds the private key of a bitcoin token functionally holds the token itself. If the key is stolen, you can’t stop someone from spending that token any more than you could stop them from spending a stolen $100 bill. How to Buy Bitcoins There are three common ways to buy and sell bitcoins. Through a Website The most common way to buy bitcoins, and any other cryptocurrency or blockchain token, is through what’s known as a cryptocurrency “exchange.” Exchanges are online marketplaces where people buy and trade cryptocurrency tokens. There are a large number of exchanges and most of them specialize in different aspects of this industry. For example, some exchanges will specialize in utility tokens (blockchain products designed to be used with a software network) while others will specialize in cryptocurrencies like Bitcoin (blockchain tokens designed exclusively as currencies). For beginners, CoinBase is a popular and well-known cryptocurrency exchange on which you can buy and sell bitcoins.Robinhood, an online brokerage, also has a crypto component to its platform that allows investors to buy bitcoins. In October 2020, PayPal announced it would allow its users to buy and sell bitcoins. Using an exchange is the most secure way that you can trade bitcoins. When you use one, you will first create what’s known as a wallet. Your wallet will hold the private keys that give you access to your bitcoins and other blockchain tokens. Different exchanges will give you different options for how to store your wallet, but the most common option is simply to keep the wallet stored on the exchange’s servers. You will then link up a payment method, typically through direct draft froma bank account. It is still unusual for any cryptocurrency system to accept credit cards due to the legal concerns surrounding this issue. Doing so can constitute the use of debt to buy an investment product. Finally, you will find and buy your bitcoins on the exchange’s marketplace. The purchase price will be deducted from your linked bank account and the private key granting access to your new coin will be stored in the wallet you created. Through a Bitcoin ATM At time of writing there are more than 9,500 bitcoinATMs in service around the world. A standard bitcoin ATM allows you to buy bitcoins, typically either by using cash or a debit card. Some Bitcoin ATMs also allow you to sell your coins, but these are relatively unusual. A bitcoin ATM works similarly to purchasing on an exchange. You will select the number of bitcoins you’d like to buy, enter your payment and then receive your bitcoins. Depending on the specific device, the ATM will ask you how you would like to receive the private key that gives access to your purchased bitcoins. Some allow you to enter the information for an online wallet, like those created on an exchange, while others may send the key to your e-mail address. Still other ATMs will even print the key out in hard copy. Bitcoin ATMs are a relatively secure way to buy tokens in and of themselves, but given the nature of this product they often involve carrying large amounts of cash to or from a public place. For this reason it is often better to use an exchange when possible. In Person Buying bitcoin in person is extremely risky. We recommend against this method under ordinary circumstances. Most bitcoin wallets are what is known as “hot storage.” This means that the wallet is kept online, on a server. Hot storage wallets have the downside that they are subject to the third party’s security. If the service providing your wallet gets hacked it’s much like if the bank holding all your cash gets robbed (only without the protection of an FDIC). However, they also come with tech support. If you misplace your login credentials, there are ways to recover access to your account. Other wallets are kept in what is known as “cold storage.” This means that the private keys for someone’s bitcoins and other cryptocurrencies are kept offline. Some people will store this information electronically, using devices like a portable hard drive or even a flash drive to store the private keys which control access to their bitcoins. (As these are simple alphanumeric strings, even an extensive blockchain wallet can be stored in as little as a text file.) Other people store this information in hard copy. In these cases the user will physically print off the alphanumeric key for their bitcoins or a QR code that can be scanned to produce the key. Then, if they want to access their bitcoins, they physically enter this key one digit at a time. Cold storage has the advantage that it is unhackable. You can’t hack something that isn’t plugged in, and certainly not a piece of paper. However, the often-enormous downside is that it is vulnerable to human error. Simply put, it is very common for people to lose cold storage blockchain keys. However, should you keep your bitcoin keys in cold storage, you can sell them in person. An in-person transaction would mean physically handing over the keys to the bitcoins you’ve sold and accepting payment in whatever manner you choose. This method works just as well as any others, but it is also highly insecure. It creates room for human error, loss and even (at extremes) theft. In-person transactions should be limited only to situations of extreme trust. The Bottom Line There are three main ways to buy bitcoins, one of the most well-known cryptocurrencies. Online exchanges are the most common and generally the safest options, but you can also buy them from dedicated bitcoin ATMs and through in-person transactions. Each of these options has its own advantages and risks so be sure you understand what those are and precisely why you are using any particular one of them. Tips for Investing • Whether you’re buying a safe and stable index fund or investing in high-risk, high-reward alternative assets like bitcoins, the best investments depend on sound advice. That’s where financial advisors can make a big difference. If you don’t have a financial advisor, finding one doesn’t have to be hard.SmartAsset’s matching toolcan help you find a financial professional in your area within minutes to make smarter decisions with your money. If you’re ready,get started now. • Bitcoin is only one type of alternative asset that can be invested in. Otheralternative investmentsinclude things like real estate, precious metals, rare musical instruments and fine art. Photo credit: ©iStock.com/Andy, ©iStock.com/Petr Hoffmann, ©iStock.com/matejmo The postAn Overview of How to Buy Bitcoinappeared first onSmartAsset Blog.... - 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 rose by 3.00% in the week ending 15thNovember. Following on from a 12.69% breakout from the week prior, Bitcoin ended the week at $15,965.0.\nIt was a bearish start to the week. Bitcoin fell to a Monday intraweek low $14,841.0 before making a move.\nSteering clear of the first major support level at $13,842, Bitcoin rallied to a Friday intraweek high and new swing hi $16,481.0.\nFalling short of the first major resistance level at $16,523, Bitcoin fell back to sub-$16,000 levels. A bearish end to the week saw Bitcoin fall to $15,700 levels before wrapping up the week at $15,900 levels.\n3 days in the green that included a 3.74% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $15,762 pivot to support a run the first major resistance level at $16,684.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $16,481.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Bitcoin could test resistance at $17,500 before any pullback. The second major resistance level sits at $17,402.\nFailure to avoid a fall through the $15,762 pivot would bring the first major support level at $15,044 into play.\nBarring an extended sell-off, however, Bitcoin should steer clear of sub-$15,000 support levels. The second major support level sits at $14,122.\nAt the time of writing, Bitcoin was up by 0.24% to $16,003.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $15,874.0 before rising to a high $16,043.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nLitecoin rose by 2.28% in the week ending 15thNovember. Following on from a 9.56% rally from the previous week, Litecoin ended the week at $62.37.\nIt was a bearish start to the week. Litecoin fell to a Tuesday intraweek low $57.12 before making a move.\nSteering well clear of the first major support level at $53.20, Litecoin rallied to a Friday intraweek high $66.60.\nLitecoin came within range of the first major resistance level at $66.82 before a bearish end to the week.\nThe bearish weekend saw Litecoin fall back to $61 levels before wrapping up the week at $62 levels.\n3-days in the green that included an 8.68% jump on Friday delivered the upside for the week. Losses on Monday and Tuesday and a bearish weekend limited the upside, however.\nLitecoin would need to avoid a fall through the $62.03 pivot level to support a run at the first major resistance level at $66.94.\nSupport from the broader market would be needed, however, for Litecoin to break out from last week’s high $66.60.\nBarring another extended crypto rally, the first major resistance level and resistance at $67 would likely cap any upside.\nIn the event of a breakout, Litecoin could test the 38.2% FIB of $71 and the second major resistance level at $71.51 before any pullback.\nFailure to avoid a fall through the $62.03 pivot would bring the first major support level at $57.46 into play.\nBarring an extended crypto market sell-off, however, Litecoin should steer clear of sub-$55 levels and the 23.6% FIB of $54.00. The second major support level sits at $52.55.\nAt the time of writing, Litecoin was up by 3.98% to $64.85. A bullish start to the week saw Litecoin rally from an early Monday morning low $62.16 to a high $64.88.\nLitecoin left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• European Equities: Economic Data, COVID-19, and Brexit in Focus\n• U.S Mortgage Rates Rise on COVID-19 Vaccine Optimism\n• Berkeley Lights’ Target Price Raised to $80 at Morgan Stanley After Earnings Beat, Forecasts $120 in Best Case\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Strong Side of Minor Pivot at 3587.25\n• Bitcoin and Litecoin – Weekly Technical Analysis – November 16th, 2020\n• PNC Financial Services to Acquire BBVA’s U.S. Arm for Over $10 Billion; Target Price $138', 'Bitcoin Bitcoin rose by 3.00% in the week ending 15 th November. Following on from a 12.69% breakout from the week prior, Bitcoin ended the week at $15,965.0. It was a bearish start to the week. Bitcoin fell to a Monday intraweek low $14,841.0 before making a move. Steering clear of the first major support level at $13,842, Bitcoin rallied to a Friday intraweek high and new swing hi $16,481.0. Falling short of the first major resistance level at $16,523, Bitcoin fell back to sub-$16,000 levels. A bearish end to the week saw Bitcoin fall to $15,700 levels before wrapping up the week at $15,900 levels. 3 days in the green that included a 3.74% rally on Thursday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall through $15,762 pivot to support a run the first major resistance level at $16,684. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $16,481.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Bitcoin could test resistance at $17,500 before any pullback. The second major resistance level sits at $17,402. Failure to avoid a fall through the $15,762 pivot would bring the first major support level at $15,044 into play. Barring an extended sell-off, however, Bitcoin should steer clear of sub-$15,000 support levels. The second major support level sits at $14,122. At the time of writing, Bitcoin was up by 0.24% to $16,003.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $15,874.0 before rising to a high $16,043.0. Bitcoin left the major support and resistance levels untested at the start of the week. Litecoin Litecoin rose by 2.28% in the week ending 15 th November. Following on from a 9.56% rally from the previous week, Litecoin ended the week at $62.37. It was a bearish start to the week. Litecoin fell to a Tuesday intraweek low $57.12 before making a move. Story continues Steering well clear of the first major support level at $53.20, Litecoin rallied to a Friday intraweek high $66.60. Litecoin came within range of the first major resistance level at $66.82 before a bearish end to the week. The bearish weekend saw Litecoin fall back to $61 levels before wrapping up the week at $62 levels. 3-days in the green that included an 8.68% jump on Friday delivered the upside for the week. Losses on Monday and Tuesday and a bearish weekend limited the upside, however. For the week ahead Litecoin would need to avoid a fall through the $62.03 pivot level to support a run at the first major resistance level at $66.94. Support from the broader market would be needed, however, for Litecoin to break out from last week\x92s high $66.60. Barring another extended crypto rally, the first major resistance level and resistance at $67 would likely cap any upside. In the event of a breakout, Litecoin could test the 38.2% FIB of $71 and the second major resistance level at $71.51 before any pullback. Failure to avoid a fall through the $62.03 pivot would bring the first major support level at $57.46 into play. Barring an extended crypto market sell-off, however, Litecoin should steer clear of sub-$55 levels and the 23.6% FIB of $54.00. The second major support level sits at $52.55. At the time of writing, Litecoin was up by 3.98% to $64.85. A bullish start to the week saw Litecoin rally from an early Monday morning low $62.16 to a high $64.88. Litecoin left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: Economic Data, COVID-19, and Brexit in Focus U.S Mortgage Rates Rise on COVID-19 Vaccine Optimism Berkeley Lights\x92 Target Price Raised to $80 at Morgan Stanley After Earnings Beat, Forecasts $120 in Best Case E-mini S&P 500 Index (ES) Futures Technical Analysis \x96 Trading on Strong Side of Minor Pivot at 3587.25 Bitcoin and Litecoin \x96 Weekly Technical Analysis \x96 November 16th, 2020 PNC Financial Services to Acquire BBVA\x92s U.S. Arm for Over $10 Billion; Target Price $138', 'Bitcoin rose by 3.00% in the week ending 15thNovember. Following on from a 12.69% breakout from the week prior, Bitcoin ended the week at $15,965.0.\nIt was a bearish start to the week. Bitcoin fell to a Monday intraweek low $14,841.0 before making a move.\nSteering clear of the first major support level at $13,842, Bitcoin rallied to a Friday intraweek high and new swing hi $16,481.0.\nFalling short of the first major resistance level at $16,523, Bitcoin fell back to sub-$16,000 levels. A bearish end to the week saw Bitcoin fall to $15,700 levels before wrapping up the week at $15,900 levels.\n3 days in the green that included a 3.74% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $15,762 pivot to support a run the first major resistance level at $16,684.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $16,481.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Bitcoin could test resistance at $17,500 before any pullback. The second major resistance level sits at $17,402.\nFailure to avoid a fall through the $15,762 pivot would bring the first major support level at $15,044 into play.\nBarring an extended sell-off, however, Bitcoin should steer clear of sub-$15,000 support levels. The second major support level sits at $14,122.\nAt the time of writing, Bitcoin was up by 0.24% to $16,003.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $15,874.0 before rising to a high $16,043.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nLitecoin rose by 2.28% in the week ending 15thNovember. Following on from a 9.5 **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: 2020-11-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $295,403,741,953 - Hash Rate: 135534841.86269382 - Transaction Count: 311477.0 - Unique Addresses: 681273.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is unlikely to replace the greenback as a global reserve currency any time soon, according to one of the most highly regarded analysts in foreign exchange. “Backing the dollar is the world’s biggest, deepest and the most transparent government bond market,” Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book “Making Sense of the Dollar,” told CoinDesk in a recent video chat. “I just don’t know howbitcoincan replace the greenback from that viewpoint.” A global reserve currency is the one that facilitates cross-border trade, including investments and international debt obligations. Global central banks hold reserve currencies to help protect against major swings in foreign-exchange rates, as well as in the conduct of monetary policy. Related:This Self-Sovereign ‘DocuSign’ Uses Bitcoin for Digital Proofs The U.S. dollar has been the primary reserve currency since 1944, and investors tend to park funds in dollar-denominated assets or hold dollars during times of stress in the global economy. For instance, the U.S. Dollar Index, which tracks the greenback’s value against a basket of other major fiat currencies, rose from 94.65 to 103.00 in mid-March as global equity markets tanked on coronavirus-induced recession fears. Some analysts, however, foresee markets losing confidence in the dollar over the next few years. That’s because the Federal Reserve has pumped trillions of dollars of liquidity into the financial system over the past decade and is likely to continue printing money at an elevated pace for some time. The central bank’s balance sheet has expanded from $905 million to over $7 trillion in the past nine years, according to the St. Louis Fed. It has grown by more than $4 trillion in the past five months, as the Fed rolled out emergency liquidity programs to counter the economic toll of the coronavirus, while ramping up monthly asset purchases in a process known as quantitative easing. “The U.S. dollar is on the brink of losing its position of world’s global reserve as inflation concerns in the U.S. grows,” Goldman Sachs said in July. While theinvestment bank speculates thatgold could replace the dollar, the crypto communitycontends that bitcoin, with its deflationary monetary policy, is the best alternative to the dollar. Related:These 3 Trends Are Driving Crypto Market Growth Now Bitcoin’s pace of supply expansion is reduced by 50% every four years via a process called mining reward halving. At inception, each bitcoin block reward was worth 50 BTC. As of now, per block reward is 6.25 BTC – down from 12.5 BTC prior to May 12. Bitcoin’s tapering supply growth while the Fed has increased dollars is a large reason why many in the crypto markets have long been predicting the dollar’s collapse and bitcoin’s rise as a global reserve. However, such predictions often neglect that countries do not just accumulate dollars but also buy U.S. government bonds. “Central banks don’t just hold dollars; they hold U.S. Treasuries. That’s what corporations and large institutions do,” Chandler said. As of June 2020, Japan held U.S. Treasury securities worth $1.26 trillion, and China held $1.07 trillion, according to data providerStatista. According to the Federal Reserve and U.S. Department of the Treasury, foreign countries held $7.04 trillion worth of U.S. Treasury securities as of June 2020. The Chinese and Japanese purchases of Treasury bonds isn’t a case of these nations’ generosity, as is popularly perceived, but economic math. These nations run substantial current account surpluses (and capital account deficits) and invest their surplus forex reserves in the U.S. government bonds, given it is the deepest in the world. Also, investing in the U.S. Treasury helps Japan and China keep their currencies from appreciating and preserves current account surpluses. As of Aug. 20, the size of the global sovereigns, supranational and agencies bond market was $87.5 trillion, of which the U.S.accounted for$22.4 trillion and China $19.8 trillion. While China is a close second, its currency, the yuan, has yet to achieve full capital account convertibility and there are transparency concerns regarding Chinese markets. Put simply, no other bond market has the depth and transparency to absorb billions of dollars of demand other than the U.S. bond market. “No bond market can come close to Treasurys,” Chandler said. Meanwhile, no central bank has purchased bitcoin to date. While the institutional participation has increased this year, the cryptocurrency continues to behave like an investment asset rather than a safe haven or a future global reserve. Bitcoin fell during the March crash and has risen strongly over the past six months alongside the U.S dollar’s sell-off. Besides, price volatility is an issue. Bitcoin has moved at an average pace of 16% per month this year, substantially higher than a non-major currency like the Mexican peso, as noted by Chandler. As such, the idea of bitcoin supplanting the U.S. dollar as the global reserve in the near term looks far-fetched. The U.S. Dollar Index (DXY) fell by 10% to a 16-month low of 101.75 in the mid-March to mid-August period. The slide, coupled with the Federal Reserve’s recent decision to adopt a more flexible approach to controlling inflation, has bolstered fears of the dollar’s collapse as a reserved currency. However, the dollar has suffered bigger sell-offs in the past and still maintained its reserve status. For instance, the index, which rose sharply from 77 to 89 in the seven months following the collapse of Lehman Brothers in August 2008, reversed gains and fell back to 72.70 by May 2011. That’s a nearly 20% decline in 12 months or so. More important, when the DXY made a low near 72.70 in May 2011, EUR/USD was trading near $1.45, up 23% from the current rate of $1.1750. Meanwhile, GBP/USD was trading above $1.65 – 28% more than the current exchange rate of $1.29. The Japanese yen, Australian dollar, Canadian dollar and other major currencies were also trading at significantly higher levels than seen today, as noted by Chandler. Essentially, the U.S. dollar was aggressively sold on the Federal Reserve’s quantitative easing programs. Even so, it remained the dominant global reserve currency. The dollar accounted for more than 60% of the global forex reserves in crisis and recovery years of 2009, 2010 and 2011, according to data sourcestatista.com. The situation hasn’t changed much this year despite the coronavirus crisis. The greenback accounted for 61% of the global currency reserves in the second quarter,as per the International Monetary Fund. Thus replacing the dollar is easier said than done. Bitcoin has to cover plenty of distance before it can threaten the dollar’s hegemony. For that to happen, the crypto community’s focus needs to shift from playing for price rallies to building infrastructure that would accelerate adoption at the institutional level. Major central banks like the Fed and the People’s Bank of China are working on digital currencies. Chandler postulates that central bank digital currencies would pave the way for an alternative payment system. The dollar bounced in September, ending a six-month losing trend even though the Fed adopted a more flexible approach to controlling inflation at the end of August. According to Chandler, the dollar’s bounce has got more to do with technical factors. The currencylooked oversoldagainst majors and bullish positioning in EUR/USD hadreached extremesin August. As a result, a minor bounce was overdue and was amplified by expectations for more monetary easing by the European Central Bank. The Fed has created more room for itself to keep interest rates low for a longer period of time by signaling a willingness to tolerate above-target (2%) inflation for some time. As such, the path of least resistance for the dollar is to the downside, unless other central banks follow the Fed’s path. With the dollar looking weaker, recent uptrends in bitcoin, gold and assets denominated in the greenback could soon resume. However, if Chandler is correct, the dollar is likely to prevail as the global reserve. • Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler • Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler... - Reddit Posts (Sample): [['u/mudnut', "Bitcoin gave me opportunity like I've never had", 89, '2020-11-16 00:06', 'https://www.reddit.com/r/Bitcoin/comments/juvln5/bitcoin_gave_me_opportunity_like_ive_never_had/', "Look im not usually the type of guy to post some heart felt shit on reddit, but btc really changed my life ladies and gents. I've known about btc for quite a while, somewhere around 2012 my buddy used to mine it and I thought oh thats cool and moved on. Flash forward years later I watched what happened in 2017 and started doing research. When it crashed from 2017s peak I wanted to buy some so bad, but I have been poor literally my entire adult life. I started working in social work in my early 20s, specifically in rehabs and addiction treatment centers. I worked in ethical ones and never was able to really pull ahead financially. Anyways, I landed a good job in 2019 after years of grinding and around the same time stumbled into a small sum of money (literally massive amount to me but small comparitively.) I started researching btc again because the gains caught my eye but the tech and ideology made a believer out of me. Anyways covid hit and btc dumped to around 4k and I committed as big as I could. I had to cash some out recently (don't trip im still holding id never sell it all lol) to buy my girlfriend of five years a ring. We've been together almost five years and has had my back on everything thick and thin. She used to help me out when I didn't have enough to pay the bills, and thanks to bitcoin I was finally able to afford to give her a ring that she absolutely loves. On top of that, btc has also given me the ability to buy that ring, and still be financially stable! I'll keep dcaing and hope to get the amount of btc back, but God damn did it feel good to be able to, finally after years of waiting, gain financial independence and give her the gift she deserves. Here's to future hodling yall.", 'https://www.reddit.com/r/Bitcoin/comments/juvln5/bitcoin_gave_me_opportunity_like_ive_never_had/', 'juvln5', [['u/PedanticRomantic1', 13, '2020-11-16 00:44', 'https://www.reddit.com/r/Bitcoin/comments/juvln5/bitcoin_gave_me_opportunity_like_ive_never_had/gcfurb7/', 'Nice to hear man. Bitcoin has done the same for me. I started buying in March of this year and haven’t sold any yet. Good luck and keep stacking.', 'juvln5'], ['u/Davis_hudson', 45, '2020-11-16 00:45', 'https://www.reddit.com/r/Bitcoin/comments/juvln5/bitcoin_gave_me_opportunity_like_ive_never_had/gcfuu38/', 'Bitcoin change my life too.\nMy late wife introduced bitcoin to me,I’m glad I had her', 'juvln5'], ['u/mudnut', 22, '2020-11-16 02:09', 'https://www.reddit.com/r/Bitcoin/comments/juvln5/bitcoin_gave_me_opportunity_like_ive_never_had/gcg4he9/', "I'm sorry for your loss man, im glad you had her too.", 'juvln5'], ['u/Sarge54', 10, '2020-11-16 05:10', 'https://www.reddit.com/r/Bitcoin/comments/juvln5/bitcoin_gave_me_opportunity_like_ive_never_had/gcgosc1/', 'Great job! I lived in pay check to pay check poverty from my early twenties to about 35. I made my money from real estate, scraping up enough for a down payment and selling at the top of the market before the last crash. House tripled in value. We then moved to a less expensive part of the country which is now the fastest growing and bought three houses outright. All of which have now doubled in value and we rent two out. I’m pretty new to bitcoin. I’ve always liked precious metals but bitcoin is something I wish I would have taken more seriously years ago. But I’m in now. I love hearing stories like yours.', 'juvln5']]], ['u/[deleted]', 'Bitcoin and the "Great Reset"', 13, '2020-11-16 00:43', 'https://www.reddit.com/r/Bitcoin/comments/juw77h/bitcoin_and_the_great_reset/', 'What is bitcoin and crypto’s role in “The Great Reset” ?', 'https://www.reddit.com/r/Bitcoin/comments/juw77h/bitcoin_and_the_great_reset/', 'juw77h', [['u/TheGreatMuffin', 25, '2020-11-16 00:54', 'https://www.reddit.com/r/Bitcoin/comments/juw77h/bitcoin_and_the_great_reset/gcfvu04/', '> What is bitcoin and crypto’s role in “The Great Reset” ? \n\nTo keep chugging on with a block every ten minutes, without anyone being able to stop it, or to dilute its fixed, predictable, verifiable monetary production. \n\nedit: speaking purely about bitcoin here.', 'juw77h'], ['u/Leading_Zeros', 17, '2020-11-16 02:01', 'https://www.reddit.com/r/Bitcoin/comments/juw77h/bitcoin_and_the_great_reset/gcg3ivl/', 'When politicians start to use the word reset, it means they are going to steal your money. Bitcoin stops that.', 'juw77h']]], ['u/Dbrandona', 'Sell stocks for Bitcoin?', 18, '2020-11-16 01:55', 'https://www.reddit.com/r/Bitcoin/comments/juxci2/sell_stocks_for_bitcoin/', 'Should I liquidate my stocks, ($5,000 roughly) and buy Bitcoin instead? Money has been super tight since the pandemic hit. I feel like I’m against the ropes, and am in need of a Hail Mary. Any advice is welcome! Thanks in advance', 'https://www.reddit.com/r/Bitcoin/comments/juxci2/sell_stocks_for_bitcoin/', 'juxci2', [['u/ybobkrap40', 37, '2020-11-16 02:01', 'https://www.reddit.com/r/Bitcoin/comments/juxci2/sell_stocks_for_bitcoin/gcg3lbu/', 'The truth is, the more you need the money, the less risk you should take with it. If you follow that, you will have better outcomes on average. It’s human nature to do the opposite.', 'juxci2'], ['u/jessedma', 12, '2020-11-16 02:17', 'https://www.reddit.com/r/Bitcoin/comments/juxci2/sell_stocks_for_bitcoin/gcg5gby/', 'Bitcoin is not a get rich scheme. Only invest what you can afford to lose.', 'juxci2'], ['u/iowajustin', 11, '2020-11-16 03:24', 'https://www.reddit.com/r/Bitcoin/comments/juxci2/sell_stocks_for_bitcoin/gcgd8lb/', 'Exactly this. High risk investments are great for long term, terrible if you need the money very soon.', 'juxci2'], ['u/switchitoffbros', 21, '2020-11-16 03:34', 'https://www.reddit.com/r/Bitcoin/comments/juxci2/sell_stocks_for_bitcoin/gcgef4b/', 'Buy only if:\n\n1. You can live without the money now and for the next 2 years \n2. If you lost it all, you won’t die\n3. If you won’t get a panic attack and sell if it dips by 50%', 'juxci2']]], ['u/AutoModerator', '[Daily Discussion] Monday, November 16, 2020', 63, '2020-11-16 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/', 'jv074i', [['u/Damien_Targaryen', 38, '2020-11-16 06:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/gcgu9ym/', '[Bitcoin Digital Gold Of 21st Century, Says CitiBank Report](https://www.investing.com/analysis/bitcoins-price-action-rhymes-with-1970-gold-markets-says-citibank-200544659)\n\n“Fitzpatrick did not stop there; his price prediction chart sees Bitcoin price at $318,000 by December 2021.”\n\nWtf they must be high on hopium when doing the report', 'jv074i'], ['u/AKANotAValidUsername', 16, '2020-11-16 06:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/gcguqpz/', "its almost as if citi is... selling something\n\n<rant> edit: just to be clear, I think that chart is kinda garbage. You have an ever decreasing log slope from trough to peak for 3 cycles and a clear pattern, and for whatever reason (read: marketing team) they replicate the slope from last year and target 300k in 1 year. they have to know thats bullshit (if the slope lessens on pattern its more like 120k)... unless we have a really stellar expansion of capital in 2021 and a massive influx of fiat to this market and a shortage of whale coins, etc. and theres none of that in this report. ive seen better squiggles on tradingview, and they seem to let anyone publish anything if you just draw some triangles and write terms like 'upside' and 'resistance'. </rant>", 'jv074i'], ['u/Upvote_Me_Slag', 18, '2020-11-16 06:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/gcgv5wd/', 'Lol. Citibank say btc worth more than all gold in 12 months! Is this a Simpsons episode we are living in?', 'jv074i'], ['u/satoshisbitcoin', 28, '2020-11-16 06:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/gcgw8qp/', '6 weekly green candles in a row. I know people look at that and think it means a correction is due (and it often is), but the start of 6 or more weekly green candles in a row in the past indicated the start of a long bull market.', 'jv074i'], ['u/krom1985', 16, '2020-11-16 06:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/jv074i/daily_discussion_monday_november_16_2020/gcgxwi1/', 'Username checks out.', 'jv074i'], ['u/[deleted]', 10, '2020... 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:** ['Twitter has named a new head of security a few months after the website had to deal with the Bitcoin hack that compromised a number of high-profile accounts. The company hired Peiter Zatko, more widely known by his hacker name “Mudge,” to lead its security efforts. According to CNBC , he’s expected to take over after a 45- to 60-day review of the platform’s current measures and practices, and he’ll report directly to CEO Jack Dorsey. Mudge used to work on security research for Google’s Advanced Technologies and Projects Group. Before that, he worked for DARPA where he oversaw several programs, including one focused on detecting cyber espionage. He also created the framework that the Defense Department used to research areas and investments to pursue when it comes to cybersecurity. More recently, he served as head of security at electronic payments service Stripe. Looks like the cat is out of the bag. I’m very excited to be joining the executive team at Twitter! I truly believe in the mission of (equitably) serving the public conversation. I will do my best! https://t.co/ZQkhYTXLQZ — Mudge (@dotMudge) November 16, 2020 In an interview with CNBC , Mudge said he will examine Twitter’s "information security, site integrity, physical security, platform integrity -- which starts to touch on abuse and manipulation of the platform -- and engineering." Based on the additional details he told the news organization, he’ll also work on improving public conversations on Twitter and will be implementing some unconventional security approaches. He said he appreciates Twitter’s openness to his unusual methods, including his proposal to confuse bad actors by manipulating the data they may get from the platform on how users interact with posts. Twitter suffered a massive breach last July that saw hackers take over some of the most prominent accounts on the website, including Barack Obama’s, Joe Biden’s, Elon Musk’s, Bill Gates’, Uber’s, Apple’s and Kanye West’s. The attackers then posted a call for Bitcoin donations using the accounts they hijacked. According to the company, the hackers targeted some of its employees with access to its internal systems and tools and used social engineering to gain entry with their credentials. The 17—year—old from Tampa that was eventually arrested for the attack previously got caught for stealing hundreds of thousands of dollars worth of Bitcoins. Former Facebook chief security officer Alex Stamos told CNBC that “the data breach this summer was an important reminder of how far Twitter needs to go in building some of the basic security functions necessary to run a service targeted by adversaries much more skilled than the teenagers arrested for that incident.” He also said that Mudge is perfect for the role, seeing as Twitter doesn’t have the money bigger companies like Google do and needs to “find creative solutions to these problems” This article contains affiliate links; if you click such a link and make a purchase, we may earn a commission. View comments', 'Twitter has named a new head of security a few months after the website had to deal with theBitcoin hackthatcompromiseda number of high-profile accounts. The company hired Peiter Zatko, more widely known by his hacker name “Mudge,” to lead its security efforts. According toCNBC, he’s expected to take over after a 45- to 60-day review of the platform’s current measures and practices, and he’ll report directly to CEO Jack Dorsey.\nMudge used to work on security research for Google’s Advanced Technologies and Projects Group. Before that, he worked for DARPA where he oversaw several programs, including one focused on detecting cyber espionage. He also created the framework that the Defense Department used to research areas and investments to pursue when it comes to cybersecurity. More recently, he served as head of security at electronic payments service Stripe.\nIn an interview withCNBC, Mudge said he will examine Twitter’s "information security, site integrity, physical security, platform integrity -- which starts to touch on abuse and manipulation of the platform -- and engineering." Based on the additional details he told the news organization, he’ll also work on improving public conversations on Twitter and will be implementing some unconventional security approaches. He said he appreciates Twitter’s openness to his unusual methods, including his proposal to confuse bad actors by manipulating the data they may get from the platform on how users interact with posts.\nTwitter suffered a massive breach last July that saw hackers take over some of the most prominent accounts on the website, including Barack Obama’s, Joe Biden’s, Elon Musk’s, Bill Gates’, Uber’s, Apple’s and Kanye West’s. The attackers then posted a call for Bitcoin donations using the accounts they hijacked. According to the company, the hackerstargetedsome of its employees with access to its internal systems and tools andused social engineeringto gain entry with their credentials. The 17—year—old from Tampa that was eventuallyarrestedfor the attack previously got caught for stealing hundreds of thousands of dollars worth of Bitcoins.\nFormer Facebook chief security officer Alex Stamos told CNBC that “the data breach this summer was an important reminder of how far Twitter needs to go in building some of the basic security functions necessary to run a service targeted by adversaries much more skilled than the teenagers arrested for that incident.” He also said that Mudge is perfect for the role, seeing as Twitter doesn’t have the money bigger companies like Google do and needs to “find creative solutions to these problems”', "The cryptocurrency and banking worlds continue to draw closer together with digital asset custodian Anchorage seeking a national charter from the U.S. Office of the Comptroller of the Currency.\nThe startup’s trust company unit, based in South Dakota, has applied to the OCC to convert to a national bank, according to anoticedated Nov. 9 and posted to the federal regulator’s website.\nThe notice contains little else in the way of detail, except that Anchorage is represented by Dana Syracuse of the law firm Perkins Coie. Syracuse is a former general counsel of the New York Department of Financial Services and helped that agency draft its landmark BitLicense regulation.\nRelated:Robinhood Gearing Up for Potential IPO in Early 2021: Report\nThis year Kraken, a crypto exchange, became the first such business toobtain a U.S. banking license, albeit a special-purpose one from Wyoming (the same kind obtained by digital asset startupAvanti). If its application is approved, Anchorage would be the first crypto company to get a national bank charter, explicitly allowing it to do business in all 50 states.\nA banking charter would give Anchorage the clear authority to act as a “qualified custodian” for institutional investors under Securities and Exchange Commission (SEC) rules. Most crypto custody firms in the U.S. have trust company licenses, but the SECsignaledlast week that it is unsure whether such entities, regulated at the state level and less stringently than banks, make the cut as qualified custodians.\nAnchorage’s application also comes at a time when the OCC, an agency that has existed since the Civil War, may be unusually receptive to such requests. Brian Brooks, the acting comptroller since May, is a former chief legal officer for the Coinbase exchange and has been notably focused on clearing the way for banks to participate in the crypto market – so much so that he was recentlycriticized by lawmakersfor spending so much time on this niche during a pandemic.\nIn July, for example, Brooks’ agencyissued a letterclearing the way for national banks to safeguard private cryptographic keys for digital currency wallets, a business that until now has been the province of specialist firms like Anchorage.\nRelated:China's Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks\nRead more:Crypto Custodian Anchorage Gets SOC 1 Security Certification With Big 4 Auditor EY\n“Anchorage is encouraged by the recent positive progress out of the OCC with respect to regulatory clarity around custody of digital assets,” Nathan McCauley, Anchorage’s co-founder and CEO, said in a Telegram message. “We are interested in obtaining an OCC charter as a way to better serve the emerging needs of large banks looking to integrate crypto to bring the benefits of Bitcoin and other digital assets to their client base.”\n• Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC\n• Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC", "The cryptocurrency and banking worlds continue to draw closer together with digital asset custodian Anchorage seeking a national charter from the U.S. Office of the Comptroller of the Currency. The startup\x92s trust company unit, based in South Dakota, has applied to the OCC to convert to a national bank, according to a notice dated Nov. 9 and posted to the federal regulator\x92s website. The notice contains little else in the way of detail, except that Anchorage is represented by Dana Syracuse of the law firm Perkins Coie. Syracuse is a former general counsel of the New York Department of Financial Services and helped that agency draft its landmark BitLicense regulation. Related: Robinhood Gearing Up for Potential IPO in Early 2021: Report This year Kraken, a crypto exchange, became the first such business to obtain a U.S. banking license , albeit a special-purpose one from Wyoming (the same kind obtained by digital asset startup Avanti ). If its application is approved, Anchorage would be the first crypto company to get a national bank charter, explicitly allowing it to do business in all 50 states. A banking charter would give Anchorage the clear authority to act as a \x93qualified custodian\x94 for institutional investors under Securities and Exchange Commission (SEC) rules. Most **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: 2020-11-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $309,320,199,790 - Hash Rate: 137334450.8705656 - Transaction Count: 347772.0 - Unique Addresses: 770689.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Geopolitical jostling accelerated by large-scale private stablecoin initiatives like libra, plus an added dose of COVID-19, means we are now facing a perfect storm for central bank digital currencies (CBDCs). Such tectonic shifts are being acknowledged by big players like Deutsche Bank, the latest lender to issue a report on CBDCs and their looming impact. The report, while quite conservative, recognizes the global financial system is in a state of exponential flux. For example, within only a decade of Bitcoin’s arrival, China has begun testing a CBDC in four major cities. Related: EU Proposes Full Regulatory Framework for Cryptocurrencies “The e-RMB and the Belt and Road Initiative would give China a chance to increase the importance of that currency overall,” Gerit Heinz, Deutsche Bank’s chief investment strategist, said in an interview with CoinDesk. “That could also imply some changes in the global reserve system.” Challenging the marriage of convenience between the global financial system and the U.S. dollar may be the technology’s ultimate impact. “CBDC has the potential to challenge the primacy of the U.S. dollar,” Heinz said. It’s perhaps no surprise this potential decoupling is being driven hardest of all by China, the anchor of a region that holds half the world’s foreign exchange reserves, not to mention some of the niftiest digital payments infrastructure. Whither Europe? Related: Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials So what’s Europe’s position in this digital currency cold war? Earlier this month, European Central Bank President Christine Lagarde said at a conference in Germany that Europe has fallen behind the competition when it comes to CBDCs . A digital euro, which would not replace cash but complement it, is needed to keep Europe at the cutting edge of innovation and to provide an alternative to private digital currency initiatives like libra, Lagarde added in a speech last week . Story continues Read more: Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says The CBDC race is being run on uneven ground, however. Deutsche’s Heinz pointed out that in a democratic system, governments would have to take time to explain these developments to their people. “And people would probably want to have a say in this, although probably to varying degrees in different countries,” he said, adding: “In Europe, I would expect a lot of discussions about this. The euro introduced as a currency decades ago has triggered a lot of discussions. So CBDC in a euro system of different countries would, of course, imply much more discussion than in a bigger, more centralized country like China.” Stepping back, the Deutsche Bank report reminds us that changes to the dominant global reserve currency are a historical recurrence. “The pound was more important in the past and then the dollar took over; the petro-dollar and the fact that commodities are traded in dollars is one reason,” said Heinz. The difference today is that it’s not just the dominance of the dollar, it’s the dominance of U.S.-centric infrastructure and technology in payment systems, said Rashid Hoosenally, CEO of Lacero, a builder of infrastructure connecting digital assets to regular businesses. “I think that in the CBDC story, there is potentially an evolution to a more distributed version of that power, something that looks more like a global consortium rather than being overly centered around any one country or economic bloc,” said Hoosenally. “If that also leads to more harmonization of regulation and technology standards, that could bring huge financial and social benefits by making the system much more efficient.” Loveless marriage As such, CBDC could be the next front in a technology-based cold war, which has included things like the Google tax , and in which regard it’s not at all surprising to find that Europe appears to be more outraged than anyone over Facebook’s libra plans. (It’s also interesting to note that Europe’s broad proposals for its digital finance future, which include a framework for the regulation of all digital assets , also aims at gaining some kind of oversight of U.S. cloud providers like Amazon Web Services, Microsoft Azure, Google Cloud Platform and IBM Cloud.) Read more: Leaked EU Draft Proposes All-Encompassing Laws for Crypto Assets On the banking side of things, there are some who even see CBDC as a possible revenge catalyst for putatively protectionist policies introduced by the U.S. post-2008. “I’m not sure I would call it a ‘war’ or a ‘battle’ because I think really what central banks are doing is responding to what’s going on in the economy,” said Gary Smith, founder of Sovereign Focus, a consultancy based in London. However, Smith did refer to the arrangement regarding America and Europe, as well as many other places as something of a loveless marriage , citing as an example U.S.-imposed sanctions on Iran. “The U.S. walked away from the Iran agreement. Europe hasn’t and would like to do some trade with Iran, but they are being bullied by the U.S. Treasury,” said Smith. “So having an alternative payment system that Europe can use without falling foul of the U.S. Treasury is something that probably has some appeal.” Also last week, the International Association of Trusted Blockchain Applications (INATBA), a trade association with close ties to the European Commission, showed its support for the creation of a level playing field for digital assets in Europe, by stating in a blog post : “Europe is not just carving out its own place in the ‘tech cold war.’ It is seeking to rise above it with a cunning strategy.” The situation regarding CBDCs on the global stage is not about being anti-American, or anti-Chinese, said Marc Taverner, INATBA’s executive director. “What we are seeing is the tectonic plates shifting and a great opportunity around digital currencies and DLT,” Taverner said. “What Europe is aiming at is to be is a place for innovation.” Read the full report: Related Stories CBDCs Could Challenge US Dollar’s Dominance: Deutsche Bank CBDCs Could Challenge US Dollar’s Dominance: Deutsche Bank... - Reddit Posts (Sample): [['u/[deleted]', 'I’m a Bitcoin bull. Should I go all in?', 13, '2020-11-17 02:53', 'https://www.reddit.com/r/Bitcoin/comments/jvk7b1/im_a_bitcoin_bull_should_i_go_all_in/', 'I understand the importance of Bitcoin and I’m smart enough to recognize the mass adoption yet to come. Anybody paying attention to the news can see we’re just getting started. I have some liquid in my investment account and I’m thinking of putting it in Bitcoin. I’ve been putting money in consistently for about a year but now I’m thinking about going all in. Any thoughts?', 'https://www.reddit.com/r/Bitcoin/comments/jvk7b1/im_a_bitcoin_bull_should_i_go_all_in/', 'jvk7b1', [['u/hunnerk1999', 24, '2020-11-17 02:55', 'https://www.reddit.com/r/Bitcoin/comments/jvk7b1/im_a_bitcoin_bull_should_i_go_all_in/gckevlh/', 'is it ever a smart decision to go “all in” on something?', 'jvk7b1']]], ['u/Vigilias', 'From what I can gather there are 120k investment firms and 30k banks world wide.', 22, '2020-11-17 04:38', 'https://www.reddit.com/r/Bitcoin/comments/jvlu9s/from_what_i_can_gather_there_are_120k_investment/', "Which only leaves 1400 bitcoin total per financial institution, never mind what's been lost or what individuals own.", 'https://www.reddit.com/r/Bitcoin/comments/jvlu9s/from_what_i_can_gather_there_are_120k_investment/', 'jvlu9s', [['u/DajZabrij', 11, '2020-11-17 11:00', 'https://www.reddit.com/r/Bitcoin/comments/jvlu9s/from_what_i_can_gather_there_are_120k_investment/gcli72k/', '21m / 150k = 140, not 1400', 'jvlu9s']]], ['u/AutoModerator', '[Daily Discussion] Tuesday, November 17, 2020', 87, '2020-11-17 05:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/', 'jvm8bn', [['u/magic-window', 12, '2020-11-17 05:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcktu0r/', "First time bitcoin's spent a week above $15K since Dec 2017. Neat!", 'jvm8bn'], ['u/Tunnzen', 13, '2020-11-17 05:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gckw89n/', 'Secret mission issued by Elon Musk to SpaceX to take us to the moon!\n\nhttps://twitter.com/elonmusk/status/1328458535340949505?s=21\n\nJokes aside from what little information I’ve seen so far the wide majority’s opinions is that hedge fund money is gradually starting to take more part of the market, also large accumulation of bitcoins by Grayscale over the past week by more then $300M is a worthy notice.\nThere’s a big opinion shift on bitcoin from the last time we were rallying like this.\nLooks like the last 2 months of 2020 are going to be exciting for us.', 'jvm8bn'], ['u/Tunnzen', 20, '2020-11-17 05:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gckwbzz/', 'She played Arya Stark in Game of Thrones.', 'jvm8bn'], ['u/TheGinFreecss', 24, '2020-11-17 05:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gckx0dk/', 'Changing my thesis. Thought a dip would happen but i just dont see it. This is the healthiest rise weve seen in a long time. While alts start to catch up btc is gearin for what i think could be a moonshot. Now 95% in. Will save the last 5% for a small dip in the 13 or 14ks. I am bull af but thats just me.', 'jvm8bn'], ['u/krom1985', 34, '2020-11-17 06:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl0b9m/', "For those expecting 30-40% pullbacks; *if* the institutional/hedge fund money really is coming into the space right now as recent indicators would show, then pullbacks of that magnitude aren’t going to happen.\n\nIt made sense in the 16/17 bull run as there was less liquidity and little to no big money coming in. There’s no way big money will wait for a correction that size, and demand will not allow for it. Look at what happens with the S&P for example.\n\nThat might explain why the dip from high $13ks stopped around $13k, and this recent dip from $16.4 was gobbled up at $15.7k.\n\nIf everyone’s waiting for $12k, it’ll likely never get there.\n\nEdit: For those cerebrally challenged; I'm not saying there will be *no* pullbacks. Just that those pullbacks may be more 5-15% pullbacks akin to markets with greater liquidity, compared to Bitcoin 16/17.", 'jvm8bn'], ['u/hajjidamus', 21, '2020-11-17 06:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl0m7h/', 'Hmmm... Sounds like a new paradigm to me.', 'jvm8bn'], ['u/Tunnzen', 22, '2020-11-17 06:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl1i83/', '״ Bitcoin’s Gunning for a Record and No One’s Talking About It״\n\nhttps://www.bloomberg.com/news/articles/2020-11-16/bitcoin-s-gunning-for-a-record-and-no-one-s-talking-about-it?srnd=technology-vp', 'jvm8bn'], ['u/Buckyboycoin', 18, '2020-11-17 06:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl2mrp/', 'Thought you went short @ 15900 in last weekend?', 'jvm8bn'], ['u/DarthVarn', 20, '2020-11-17 07:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl3t0e/', 'Wall Street Bonuses\n\nChinese New Year\n\nWhere have I heard this before....maybe THIS time...', 'jvm8bn'], ['u/Dreadnought37', 11, '2020-11-17 07:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl4kwh/', 'This sustained rise from 12k with *no* real pullback has me mystified. I totally would have expected a drop to like 14 by now and then a continuation upwards \n\nIt makes me want to buy, but in a much more very real sense it makes me want to wait 🤔', 'jvm8bn'], ['u/bookposting5', 26, '2020-11-17 08:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcl9wdo/', "$16736 right now on Bitfinex. It's only ever been higher than this for 10 crazy days in 2017.", 'jvm8bn'], ['u/satoshisbitcoin', 20, '2020-11-17 08:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gclajd9/', 'It also has never traded as stable at $16k before, ever. The brief time in 2017 was wild leveraged trading whipsaws back and forth, but now its just slow and steady.', 'jvm8bn'], ['u/Lagna85', 17, '2020-11-17 09:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gclchnb/', 'People waiting for pullbacks ...\nNope, Grayscale will buy them up', 'jvm8bn'], ['u/TonyTuck', 11, '2020-11-17 09:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcldzwl/', "This somehow reminds me of the 2018 push from 3k to 14k when everyone was waiting for a resistance at 6k, and then when nothing happenened and we blasted through, a pullback to 6k. If I remember right it left a lot of ppl waiting at the sides in disbelief (me included).\n\nThe situation is not the same and we're more in discovery price ranges, but the sentiment of the people here feel the same.", 'jvm8bn'], ['u/thevoteaccount', 14, '2020-11-17 09:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gcle9nd/', "The psychological impact of whole numbers is quite interesting. We spent a whole of 30 minutes at 20k but that number has been so entrenched as the ATH in everyone's minds that no one who hasn't been paying attention can register how close we are to it at 16.7k.", 'jvm8bn'], ['u/Nagosh', 49, '2020-11-17 12:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/jvm8bn/daily_discussion_tuesday_november_17_2020/gclmjwb/', 'So on this episode of "Who the fuck knows where this is going," I\'m going to once again try to make a case for a pullback/consolidation phase in the near future. I\'m currently 0/3 but we\'ll see if this one pays out, because, man, is it thrilling to play chicken with a runaway train.\n\nAnyway, looking back at the end of 2015 and throughout 2016, the 3 Day RSI rarely went above 85 and when it does we always fell back/consolidated. The current RSI is at 81, so we still have room to climb, and when that hits 85 I\'ll be putting in another short. I\'m not sure exactly how RSI is calculated so I\'m only guessing but I think it\'ll hit 85 around 17,700 to 19k, basically ATH. This matches a lot of other people\'s theories that we\'ll have a big pullback when we hit it.\n\nBecause of this, I\'m actually thinking about longing here. It\'s about 10% until this hypothetical pullback. Even... 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:** ['In another sign of renewed exuberance in cryptocurrency markets, Grayscale Investments has broken above $10 billion in digital assets under management for the first time.\n• Disclosed Tuesday evening, the New York-based firm now oversees$10.4 billionin assets includingbitcoin,bitcoin cash,ether, horizen,ethereum classic,litecoin,stellar,XRPand zcash.\n• That’s up from $7.6 billion on Oct. 30, according to the firm’s Novemberreport.\n• Price appreciation inall cryptocurrenciesthis month is a factor behind the growth, but so are inflows: Grayscale took in$262.3 millionlast week alone, Managing Director Michael Sonnenshein tweeted Friday.\n• The assets are held across nine single-asset investment trusts and a diversified fund. Shares in these vehicles are offered directly only to accredited investors, but most of them can be publicly traded on the over-the-counter markets.\n• Grayscale is owned by Digital Currency Group, which is also the parent company of CoinDesk.\nSee also:Galaxy Digital Gets Initial Approval for New Bitcoin Fund in Canada\n• Grayscale’s Crypto Assets Under Management Break $10B\n• Grayscale’s Crypto Assets Under Management Break $10B\n• Grayscale’s Crypto Assets Under Management Break $10B\n• Grayscale’s Crypto Assets Under Management Break $10B', 'In another sign of renewed exuberance in cryptocurrency markets, Grayscale Investments has broken above $10 billion in digital assets under management for the first time. Disclosed Tuesday evening, the New York-based firm now oversees $10.4 billion in assets including bitcoin , bitcoin cash , ether , horizen, ethereum classic , litecoin , stellar , XRP and zcash. That\x92s up from $7.6 billion on Oct. 30, according to the firm\x92s November report . Price appreciation in all cryptocurrencies this month is a factor behind the growth, but so are inflows: Grayscale took in $262.3 million last week alone, Managing Director Michael Sonnenshein tweeted Friday. The assets are held across nine single-asset investment trusts and a diversified fund. Shares in these vehicles are offered directly only to accredited investors, but most of them can be publicly traded on the over-the-counter markets. Grayscale is owned by Digital Currency Group, which is also the parent company of CoinDesk. See also: Galaxy Digital Gets Initial Approval for New Bitcoin Fund in Canada Related Stories Grayscale\x92s Crypto Assets Under Management Break $10B Grayscale\x92s Crypto Assets Under Management Break $10B Grayscale\x92s Crypto Assets Under Management Break $10B Grayscale\x92s Crypto Assets Under Management Break $10B', "(Updated):Bitcoin’s price broke through $18,000 in what some experts are attributing to global events and bullish fundamentals in crypto.\nThe world’s top cryptocurrency by market capitalization reached a high of $18,062 at 03:01 UTC, a price point not seen since Dec. 16, 2017. After topping out at almost $18,500, prices dropped back below $18,000 for around two hours before crossing the level again.\nOver the past 24 hours,bitcoinhas ranged between $16,560 and $18,464.\nRelated:The Dark Future Where Payments Are Politicized and Bitcoin Wins\nBitcoin is now up 146% on a year-to-date basis and has gained nearly 70% so far this quarter, according toCoinDesk 20data.\n“A few recent events have undoubtedly had an impact,” said Antoni Trenchev, co-founder and managing partner at crypto lender Nexo. “Institutional investment by the likes ofMicroStrategyandSquare,PayPal actively shillingcrypto, and thebitcoin halvingin May” were likely causes for bitcoin’s continual rise, he said.\nOthers see global events such as COVID-19 and negative interest rates in traditional markets such as Germany as the outliers for bitcoin’s meteoric rise this year.\n“Interest rates are the most important factor in people’s decisions on where to deposit money,” said Ki Young Ju, CEO at analytics firm CryptoQuant. “I’m sure negative interest rates will drive adoption in crypto whether it’s direct purchasing crypto/index funds or using staking services.”\nRelated:First Mover: As Bitcoin Shoots Past $18K, There's Comfort in the Crowded Trade\nWhile bitcoin is fast approaching its Dec. 17, 2017, all-time high of $19,666, ether also broke new 2020 heights above $488 to stand at $489 by press time.\nSee also:Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs\nAnother factor could be attributed to the easy money policies of central banks and increased government spending from some of the world’s largest economies including Europe and the U.S in recent months.\n“I think it basically comes down to monetary and fiscal policy,” said Kyle Davies, co-founder of Three Arrows Capital.\xa0 “Central banks can lower rates until they get to slightly negative, and then they have to print money.”\nAt that point, Davies maintains, central banks’ dependency on newly printed money will make “BTC attractive.”\n• Bitcoin Closes In on All-Time High as It Hits $18K\n• Bitcoin Closes In on All-Time High as It Hits $18K", "(Updated):Bitcoin’s price broke through $18,000 in what some experts are attributing to global events and bullish fundamentals in crypto.\nThe world’s top cryptocurrency by market capitalization reached a high of $18,062 at 03:01 UTC, a price point not seen since Dec. 16, 2017. After topping out at almost $18,500, prices dropped back below $18,000 for around two hours before crossing the level again.\nOver the past 24 hours,bitcoinhas ranged between $16,560 and $18,464.\nRelated:The Dark Future Where Payments Are Politicized and Bitcoin Wins\nBitcoin is now up 146% on a year-to-date basis and has gained nearly 70% so far this quarter, according toCoinDesk 20data.\n“A few recent events have undoubtedly had an impact,” said Antoni Trenchev, co-founder and managing partner at crypto lender Nexo. “Institutional investment by the likes ofMicroStrategyandSquare,PayPal actively shillingcrypto, and thebitcoin halvingin May” were likely causes for bitcoin’s continual rise, he said.\nOthers see global events such as COVID-19 and negative interest rates in traditional markets such as Germany as the outliers for bitcoin’s meteoric rise this year.\n“Interest rates are the most important factor in people’s decisions on where to deposit money,” said Ki Young Ju, CEO at analytics firm CryptoQuant. “I’m sure negative interest rates will drive adoption in crypto whether it’s direct purchasing crypto/index funds or using staking services.”\nRelated:First Mover: As Bitcoin Shoots Past $18K, There's Comfort in the Crowded Trade\nWhile bitcoin is fast approaching its Dec. 17, 2017, all-time high of $19,666, ether also broke new 2020 heights above $488 to stand at $489 by press time.\nSee also:Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs\nAnother factor could be attributed to the easy money policies of central banks and increased government spending from some of the world’s largest economies including Europe and the U.S in recent months.\n“I think it basically comes down to monetary and fiscal policy,” said Kyle Davies, co-founder of Three Arrows Capital.\xa0 “Central banks can lower rates until they get to slightly negative, and then they have to print money.”\nAt that point, Davies maintains, central banks’ dependency on newly printed money will make “BTC attractive.”\n• Bitcoin Closes In on All-Time High as It Hits $18K\n• Bitcoin Closes In on All-Time High as It Hits $18K", "(Updated): Bitcoin\x92s price broke through $18,000 in what some experts are attributing to global events and bullish fundamentals in crypto. The world\x92s top cryptocurrency by market capitalization reached a high of $18,062 at 03:01 UTC, a price point not seen since Dec. 16, 2017. After topping out at almost $18,500, prices dropped back below $18,000 for around two hours before crossing the level again. Over the past 24 hours, bitcoin has ranged between $16,560 and $18,464. Related: The Dark Future Where Payments Are Politicized and Bitcoin Wins Bitcoin is now up 146% on a year-to-date basis and has gained nearly 70% so far this quarter, according to CoinDesk 20 data. \x93A few recent events have undoubtedly had an impact,\x94 said Antoni Trenchev, co-founder and managing partner at crypto lender Nexo. \x93Institutional investment by the likes of MicroStrategy and Square , PayPal actively shilling crypto, and the bitcoin halving in May\x94 were likely causes for bitcoin\x92s continual rise, he said. Others see global events such as COVID-19 and negative interest rates in traditional markets such as Germany as the outliers for bitcoin\x92s meteoric rise this year. \x93Interest rates are the most important factor in people\x92s decisions on where to deposit money,\x94 said Ki Young Ju, CEO at analytics firm CryptoQuant. \x93I\x92m sure negative interest rates will drive adoption in crypto whether it\x92s direct purchasing crypto/index funds or using staking services.\x94 Related: First Mover: As Bitcoin Shoots Past $18K, There's Comfort in the Crowded Trade While bitcoin is fast approaching its Dec. 17, 2017, all-time high of $19,666, ether also broke new 2020 heights above $488 to stand at $489 by press time. See also: Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs Another factor could be attributed to the easy money policies of central banks and increased government spending from some of the world\x92s largest economies including Europe and the U.S in recent months. \x93I think it basically comes down to monetary and fiscal policy,\x94 said Kyle Davies, co-founder of Three Arrows Capital.\xa0 \x93Central banks can lower rates until they get to slightly negative, and then they have to print money.\x94 At that point, Davies maintains, central banks\x92 dependency on newly printed money will make \x93BTC attractive.\x94 Related Stories Bitcoin Closes In on All-Time High as It Hits $18K Bitcoin Closes In on All-Time High as It Hits $18K View comments", '* U.S., European stock f **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: 2020-11-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $309,320,199,790 - Hash Rate: 147831351.5740483 - Transaction Count: 362007.0 - Unique Addresses: 807705.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s fair to say that 2020 has not been a good year by most metrics. A pandemic raged worldwide, the global economy tanked and social divisions grew wider. There is no way to avoid this in a year-end retrospective. Still, crypto has been on the up-and-up. It was a year of firsts. The U.S. Congress entertained the idea of a digital dollar for the first time. Ethereum will become the largest blockchain to completely reinvent itself . Bitcoin , for the first time, ended up on the balance sheets of multiple publicly traded corporations as a hedge against inflation . There’s work to be done and more barriers to break, but the financial and technological revolution underpinned by open-source, public blockchain technology is well on its way. We’ve seen the maturation of decentralized finance (plus plenty of food fights ), the well regarded launch of Filecoin and astounding growth in the value and use of crypto-dollars. Related: Only 23% of Hodlers Have a Crypto Estate Plan: Survey Every year, CoinDesk recognizes the “Most Influential” people working to expand cryptocurrency and blockchain’s reach. It’s a list of the 10 outsized individuals who have gone the furthest and done the most, as determined by our readers and editorial staff. In this most unusual year, we need your help determining who should be named as Most Influential. Take a moment to check out a long list of the top contenders , as determined by CoinDesk editors and reporters, and cast a vote to help us determine a shortlist of 15. If your choice is not on the long list, nominate someone else in the second question. We try to feature fresh faces every year, though there are exceptions if repeated nominees have outdone themselves again. Here are all the previous winners: 2019 , 2018 , 2017, 2016 , 2015, 2014 . Related: Global Trust in Crypto Potential Grows to 48%, Edelman Survey Finds Who had the best year in crypto? Who was at the top of his or her game, and deserves recognition for their efforts and achievements? And most important, who did we miss? Related Stories Who Was Crypto’s Most Influential in 2020? Vote Now Who Was Crypto’s Most Influential in 2020? Vote Now... - Reddit Posts (Sample): [['u/lightmindaligned', 'Will BTC fall after 20k again? Or go to 30k?', 15, '2020-11-18 04:19', 'https://www.reddit.com/r/Bitcoin/comments/jw8498/will_btc_fall_after_20k_again_or_go_to_30k/', 'I feel like alot of people have sell limits at 20k but thats just me, what do you guys think? IM HODLING THO FOR SURE', 'https://www.reddit.com/r/Bitcoin/comments/jw8498/will_btc_fall_after_20k_again_or_go_to_30k/', 'jw8498', [['u/gluisgwiz', 16, '2020-11-18 04:33', 'https://www.reddit.com/r/Bitcoin/comments/jw8498/will_btc_fall_after_20k_again_or_go_to_30k/gconadf/', 'Oh let me ask my pet cockroach...he said "jshdhj djdhjdj jdjsjsnbs." Don\'t worry i got a praying mantis working on a translation as we speak!', 'jw8498'], ['u/[deleted]', 28, '2020-11-18 04:35', 'https://www.reddit.com/r/Bitcoin/comments/jw8498/will_btc_fall_after_20k_again_or_go_to_30k/gconhcy/', 'Ask in more appropriate place: https://magic-8ball.com/', 'jw8498'], ['u/Brettanomyces78', 12, '2020-11-18 04:46', 'https://www.reddit.com/r/Bitcoin/comments/jw8498/will_btc_fall_after_20k_again_or_go_to_30k/gcooj3j/', 'This is the only appropriate answer.', 'jw8498']]], ['u/true_al', 'What do you all see as the likely growth or decline in the price of XMR Vs BTC in the coming 6-12 months if the expected bull market continues/explodes upwards as hoped?', 19, '2020-11-18 04:41', 'https://www.reddit.com/r/xmrtrader/comments/jw8gsj/what_do_you_all_see_as_the_likely_growth_or/', 'Reasoning welcomed! Thanks for sharing!', 'https://www.reddit.com/r/xmrtrader/comments/jw8gsj/what_do_you_all_see_as_the_likely_growth_or/', 'jw8gsj', [['u/xQx1', 15, '2020-11-18 05:07', 'https://www.reddit.com/r/xmrtrader/comments/jw8gsj/what_do_you_all_see_as_the_likely_growth_or/gcoqlxj/', "Not OP, but I'm interested. \n\n\nShould I panic sell my XMR for BTC, should I panic sell my BTC for XMR, or should I HODL both?\n\nIf BTC Moons and XMR stays at $120. I'll hold you mob personally responsible.", 'jw8gsj'], ['u/Podcastsandpot', 25, '2020-11-18 05:51', 'https://www.reddit.com/r/xmrtrader/comments/jw8gsj/what_do_you_all_see_as_the_likely_growth_or/gcoulgb/', 'Think about it for a second. Can you see bitcoin hitting $60k first or Monero hitting $375? That’s 3X for both, but I can see Monero hitting that number far earlier for some reason. As bitcoin keeps going up I except Monero to start to outpace it eventually', 'jw8gsj'], ['u/sproutkraut', 24, '2020-11-18 06:02', 'https://www.reddit.com/r/xmrtrader/comments/jw8gsj/what_do_you_all_see_as_the_likely_growth_or/gcovib9/', '>\tfor some reason\n\nSeems legit', 'jw8gsj'], ['u/dallyopcs', 18, '2020-11-18 06:54', 'https://www.reddit.com/r/xmrtrader/comments/jw8gsj/what_do_you_all_see_as_the_likely_growth_or/gcozmsv/', '>for some reason\n\nAll in XMR.', 'jw8gsj']]], ['u/EpicRayy', 'Bitcoin has hit $18,000, almost 12 hours after hitting $17,000. Fucking insane!', 4568, '2020-11-18 04:56', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/', 'Holy fuck! Goosebumps dude', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/', 'jw8op6', [['u/ExtraExtraMegaDoge', 287, '2020-11-18 05:01', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcopzes/', "I swear to God my boss was salty today. I've been telling him to buy since 9K.", 'jw8op6'], ['u/Such_Piece4597', 118, '2020-11-18 05:01', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoq1dg/', 'Lmao he’s about to be even more mad', 'jw8op6'], ['u/isnormanforgiven', 47, '2020-11-18 05:05', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoqdsw/', 'Bull market', 'jw8op6'], ['u/wfw12', 68, '2020-11-18 05:06', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoqfnd/', "that's incredible under 24hrs.", 'jw8op6'], ['u/utxohodler', 35, '2020-11-18 05:07', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoqmfo/', 'To the moon!!! ┗(°0°)┛', 'jw8op6'], ['u/Awesomedude222', 63, '2020-11-18 05:08', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoqnhh/', "When it went to 16 then dropped to 14 I almost sold. \n\nAlmost.\n\nI would've been so fucking mad right now lmao", 'jw8op6'], ['u/[deleted]', 516, '2020-11-18 05:08', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoqont/', 'Every thousand is a smaller % gain than the previous, so get used to it!', 'jw8op6'], ['u/wfw12', 19, '2020-11-18 05:13', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcor4dg/', 'for a short term good move but long term not a good move.', 'jw8op6'], ['u/IT_BROMO_NERD', 50, '2020-11-18 05:13', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcor6ws/', 'I see you are new around here.', 'jw8op6'], ['u/lutz_k', 45, '2020-11-18 05:14', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcor9w4/', 'That is just the beginning. 💪🏻', 'jw8op6'], ['u/tnuts420', 16, '2020-11-18 05:16', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcore2f/', "she's running. buckle in my dudes", 'jw8op6'], ['u/Gene04', 23, '2020-11-18 05:16', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcorf3v/', "It's already obvious btc is gonna skyrocket to the god damn moon with covid lockdowns and a new presidency in 2 months. I wouldn't even say this is a good move short term. But hell I hope it is 12k tomorrow so I can buy more", 'jw8op6'], ['u/Endearing_Asshole', 22, '2020-11-18 05:17', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoriig/', 'I’ll live vicariously through you and celebrate profits. I’m too scared to sell.', 'jw8op6'], ['u/Asesinato', 55, '2020-11-18 05:19', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcorpl9/', "This isn't parabolic yet. Strap in boys, new ATH soon.", 'jw8op6'], ['u/torgidy', 35, '2020-11-18 05:20', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcort51/', '> Just cashed out at 18,052, downvote all you want but rather keep my gains than waking up to a 12k price, \n\njokes on you: now you are bagholding dollars.', 'jw8op6'], ['u/DerSeb123', 160, '2020-11-18 05:21', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcory5s/', 'Are we seeing 20k this week?', 'jw8op6'], ['u/TheBakedGod', 26, '2020-11-18 05:24', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcos5et/', 'Lol an hour ago I said to myself, "I wonder if bitcoin will pass 18,000 by the morning?"', 'jw8op6'], ['u/chatonnu', 28, '2020-11-18 05:25', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosbaq/', 'I think Ray Dalio decided to go long.', 'jw8op6'], ['u/asoace', 23, '2020-11-18 05:26', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosbly/', "wait this isn't parabolic ? :hmm:", 'jw8op6'], ['u/Cryptodragonnz', 26, '2020-11-18 05:26', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosehm/', 'So basically a 100% move since the halvening?', 'jw8op6'], ['u/[deleted]', 18, '2020-11-18 05:27', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosewj/', 'The fuck', 'jw8op6'], ['u/Cryptodragonnz', 44, '2020-11-18 05:27', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosg39/', 'Son- you\'re fired!!!! \n\n"But I TOLD you to buy bitcoin sir". \n\n "I know, but you didn\'t CONVINCE me!!!"', 'jw8op6'], ['u/ScumWithBoundaries', 14, '2020-11-18 05:27', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosh37/', "My heart I can't take it", 'jw8op6'], ['u/bitcoin_asap', 19, '2020-11-18 05:27', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoshvm/', 'Math is hard', 'jw8op6'], ['u/southofearth', 72, '2020-11-18 05:28', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosi5a/', 'Feels surreal after years of pain and ramen', 'jw8op6'], ['u/Allenxzz', 204, '2020-11-18 05:28', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosjea/', 'Exactly, the future 1k gaps will become more and more easy to exceed', 'jw8op6'], ['u/sip0889', 12, '2020-11-18 05:28', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosjmn/', 'gatekeeping is great for mass adoption', 'jw8op6'], ['u/ScumWithBoundaries', 15, '2020-11-18 05:29', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosllz/', 'Flash sale would be so lovely 😅', 'jw8op6'], ['u/Asesinato', 40, '2020-11-18 05:29', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosnif/', 'Not quite. In 2017 we saw it swing from 14,000 to 19,500 in 1 day of trading.', 'jw8op6'], ['u/[deleted]', 114, '2020-11-18 05:30', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcoson8/', 'This is going to dump so hard once it hits ATH. That will be the perfect time to buy.', 'jw8op6'], ['u/xeronyxx', 55, '2020-11-18 05:30', 'https://www.reddit.com/r/Bitcoin/comments/jw8op6/bitcoin_has_hit_18000_almost_12_hours_after/gcosp1a/', 'holy shit this feels like EXACTLY 2 years ago', 'jw8op6'], ['u/asoace', 21, '2020-11-18 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:** ['By Tom Wilson and Anna Irrera\nLONDON (Reuters) - With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around.\nBut with little mainstream usage as a form of payment and global uncertainty clouding financial markets, bitcoin is still far from a safe bet, analysts said.\n"There are a lot of differences to what was happening before," said Larry Cermak, director of research at cryptocurrency media firm The Block.\n"The price has steadily increased, we are seeing very little retail participation and markets are much more liquid and much more accessible to institutional participants. For now, though, it\'s definitely not a safe investment, it\'s still very risky."\nBitcoin broke $18,000 (£13,549) on Wednesday to hit its highest since Dec. 2017, having soared about 160% this year.\nThe steep trajectory of its 2020 rally echoes that of 2017, when a retail-led buying spree pushed it to nearly $20,000, only to crash more than 50% a month later.\nUnlike 2017, however, the asset now boasts a functioning derivatives market and custody services by established financial institutions.\nThe value of open interest bitcoin futures at CME Group Inc crossed $1 billion this week for the first time since their launch in Dec. 2017, while positions across major options markets have grown to over $4 billion from virtually nothing in early 2019, according to crypto data provider Skew.\nMeanwhile large firms including Fidelity Investments and Japan\'s Nomura Holdings Inc have starting safeguarding bitcoins and other cryptocurrencies for institutional investors.\n"There\'s absolutely no comparison in terms of market maturity between this year and 2017," said Ryan Selkis, CEO of crypto data firm Messari. "Back then derivatives and credit markets barely existed (and) institutional custody didn\'t exist."\nThe emergence of this kind of infrastructure has made it easier for professional investors from hedge funds to family offices to seek exposure to crypto.\n"The accessibility has changed from three years ago so the types of players that are willing to go in has broadened," said Tim Swanson, head of market intelligence at blockchain software firm Clearmatics.\nTheir involvement, the argument goes, may lead to more liquidity and less volatility in prices.\nRegulation has also developed. While the cryptocurrency sector is still mostly lightly overseen or unregulated, global standards on areas such as anti-money laundering (AML) have emerged, opening the way for bigger investors.\nMainstream companies and governments are among those embracing digital coin technology.\nLast month, PayPal Holdings Inc said it would open up its platform to cryptocurrencies while rival Square Inc said it had invested 1% of its total assets in bitcoin.\nUnlike 2017, bitcoin\'s price has been supported by an appetite for riskier assets following government and central bank stimulus measures to combat the impact of COVID-19.\nBitcoin\'s supply is capped at 21 million, shielding it from policies that stoke inflation, proponents say.\nThe narrative has allowed "a wider group of investors, including those with a more fundamental mindset, to participate in price setting," said Richard Galvin of crypto fund Digital Asset Capital Management.\nYet for all the improvements in market structure and mainstream recognition, bitcoin remains highly volatile. The cryptocurrency sector is still more opaque and less regulated than mainstream financial markets. Trading data remains patchy and concerns over market manipulation are rife.\n"Long story short, it\'s still a risky market and a risky asset," said Colin Platt, a cryptocurrency consultant.\nAnd for all the hype, bitcoin remains seldom used for its intended purpose.\n"There is no guarantee that it will be used widely as \'money\' given the cost of mining and using bitcoins and the ease of using contactless payment cards or smartphones to facilitate electronic payment," said Russ Mould, investment director at AJ Bell.\n(Reporting by Tom Wilson and Anna Irrera;Editing by Elaine Hardcastle)', 'Chipotle Mexican Grill is giving away $10,000 to anyone who can prove their go-to order is the best. The \x93Chipotle Royalty\x94 contest was announced on Tuesday and has a short turnaround time that ends on Thursday, Nov. 19 at 11:59 p.m. PST. Competitors must upload a TikTok video explaining why their favorite order is \x93the best among millions of possible combinations.\x94 CHIPOTLE OPENS ITS FIRST DIGITAL-ONLY RESTAURANT Video entries will need to be hashtagged with #ChipotleRoyalty and #contest in order to be viewed and judged. Submissions should be full entrées such as a bowl, burrito salad or taco. Snack items like chips do not count. Three winners are going to be selected and will be awarded $10,000 in cash. Their go-to orders will also be added as official menu items on Chipotle\x92s app and website for a limited time. Chipotle\x92s Executive Chef Chad Brauze and YouTube star David Dobrik are judging contestants on their creativity and flavor combinations. Winners will receive a comment from the two judges on Friday. CHIPOTLE BOOKS RECORD SALES FROM ONLINE ORDERS Dobrik kicked off the competition with a TikTok video of his own, which he shared with his 24 million followers. The 24-year-old was the first celebrity to have his order featured on Chipotle\x92s app and website last year. His \x93 Dobrik Burrito \x94 was featured on National Burrito Day on April 2, 2019 and included brown rice, black beans, chicken and mild and corn salsa with cheese and guacamole on the side. The quick-service chain has since worked with celebrities and athletes big and small on limited-time menu items. CHIPOTLE FACES EMPLOYEE SHORTAGES AS COVID-19 CASES SPIKE Contestants as young as 13 can enter Chipotle\x92s contest so long as they have a parent or guardian\x92s permission. GET FOX BUSINESS ON THE GO BY CLICKING HERE Featured orders from the winners will be shared on Chipotle\x92s app and website from Dec. 1 through the end of 2020. "With more than four million possible menu item combinations, Chipotle fans are extremely passionate about their individual orders," said Chipotle\x92s Chief Marketing Officer Chris Brandt, in a statement. "Our fans are as unique as their orders and we look forward to hearing their stories and immortalizing a few of them as Chipotle Royalty." Story continues CLICK HERE TO READ MORE ON FOX BUSINESS Related Articles Walmart, McDonald\'s among largest employers of SNAP, Medicaid recipients: Report Bitcoin rally catches Wall Street, Hollywood\'s attention KFC unveils new restaurant designs for growing contactless ordering demand', 'Chipotle Mexican Grillisgiving away $10,000to anyone who can prove their go-to order is the best.\nThe “Chipotle Royalty”contest was announcedon Tuesday and has a short turnaround time that ends on Thursday, Nov. 19 at 11:59 p.m. PST. Competitors must upload aTikTokvideo explaining why their favorite order is “the best among millions of possible combinations.”\nCHIPOTLE OPENS ITS FIRST DIGITAL-ONLY RESTAURANT\nVideo entries will need to be hashtagged with #ChipotleRoyalty and #contest in order to be viewed and judged. Submissions should be full entrées such as a bowl, burrito salad or taco. Snack items like chips do not count.\nThree winners are going to be selected and will be awarded $10,000 in cash. Their go-to orders will also be added as official menu items on Chipotle’s app and website for a limited time.\nChipotle’s Executive Chef Chad Brauze andYouTube star David Dobrikare judging contestants on their creativity and flavor combinations. Winners will receive a comment from the two judges on Friday.\nCHIPOTLE BOOKS RECORD SALES FROM ONLINE ORDERS\nDobrik kicked off the competition with a TikTok video of his own, which he shared with his 24 million followers. The 24-year-old was the first celebrity to have his order featured on Chipotle’s app and website last year.\nHis “Dobrik Burrito” was featured on National Burrito Day on April 2, 2019 and included brown rice, black beans, chicken and mild and corn salsa with cheese and guacamole on the side. The quick-service chain has since worked with celebrities and athletes big and small on limited-time menu items.\nCHIPOTLE FACES EMPLOYEE SHORTAGES AS COVID-19 CASES SPIKE\nContestants as young as 13 can enter Chipotle’s contest so long as they have a parent or guardian’s permission.\nGET FOX BUSINESS ON THE GO BY CLICKING HERE\nFeatured orders from the winners will be shared on Chipotle’s app and website from Dec. 1 through the end of 2020.\n"With more than four million possible menu item combinations, Chipotle fans are extremely passionate about their individual orders," said Chipotle’s Chief Marketing Officer Chris Brandt, in a statement. "Our fans are as unique as their orders and we look forward to hearing their stories and immortalizing a few of them as Chipotle Royalty."\nCLICK HERE TO READ MORE ON FOX BUSINESS\nRelated Articles\n• Walmart, McDonald\'s among largest employers of SNAP, Medicaid recipients: Report\n• Bitcoin rally catches Wall Street, Hollywood\'s attention\n• KFC unveils new restaurant designs for growing contactless ordering demand', '* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Asia ex-Japan off record high after Wall St pullback * Tokyo raises pandemic alert level, Nikkei slips * Economic restrictions in U.S. suggest more Fed action By Wayne Cole SYDNEY, Nov 19 (Reuters) - Asian shares drifted off all-time highs on Thursday as widening COVID-19 restrictions in the United states weighed on Wall Street, while bonds were underpinned by speculation the Federal Reserve would have to respond with yet more easing. Japan also reported record news cases as Tokyo raised its pandemic alert to the highest level, shoving the Nikkei down 0.8% and away from a 29-year closing top. MSCI\'s broadest index of Asia-Pacific shares outside Jap **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: 2020-11-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $328,630,474,088 - Hash Rate: 119839616.36476108 - Transaction Count: 311061.0 - Unique Addresses: 717377.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Venezuela is an example of cryptocurrency adoption during an economic crisis. No other economy facing hyperinflation has come near the South American nation in terms of GDP-adjusted activity on peer-to-peer crypto exchanges, according to new CoinDesk Research analysis of data from LocalBitcoins and Paxful, the two largest such exchanges. Previous reporting from CoinDesk has shown that amid platform bans by the government and Venezuelans’ unease toward foreign crypto coverage, peer-to-peer (P2P) transactions remain at the center of the country’s thriving crypto scene . In general, Venezuelans cite a combination of factors for the rise of crypto there including migration, capital controls, risk of government seizure, demand for hard money and exposure to the petro, the cryptocurrency backed by the government. Whatever the main cause, data indicate unique factors could be driving bitcoin adoption in Venezuela, which is far outpacing adoption in countries experiencing similar economic fallout. Related: First Mover: Bitcoin Breaches $16K as (Committed) Holders Diss Dalio's Diss The map above shows a visualization from CoinDesk’s GDP-adjusted database of LocalBitcoins and Paxful volume by currency . Venezuela’s dominance is apparent. Other GDP-adjusted analyses of peer-to-peer bitcoin trading volumes, such as this one from analyst Matt Ahlborg, excluded Paxful, which has become a major platform. In this data visualization from CoinDesk, we include both LocalBitcoins and Paxful data and adjust for GDP. Peer-to-peer activity in Venezuela has continued to dominate – with a monthly level at least twice as high as the next-largest market, Nigeria. Paxful’s exit from Venezuela is imminent, but its growth in other parts of the world make it an important component of analysis that looks at peer-to-peer crypto trading on a global scale. Peer-to-peer crypto exchanges are often where people come to buy their first crypto assets, Ahlborg argued in the same analysis, and so their activities can depict how the crypto asset is adopted on the ground level more truthfully than larger exchanges that are set up for fast-paced, speculative trading. By and large, this is true in Venezuela. Expats use bitcoin to send remittances back home, where locals convert it to bolivars to buy food and pay bills. With crypto remittances from expats plunging , peer-to-peer cryptocurrency transactions within the country have proven resilient. LocalBitcoins and Paxful trades using bolivars peaked in the first half of 2019, and have since hovered around $20 million. Story continues Related: 98% of Bitcoin's 'Unspent Outputs' Are Worth More Than When Made Continued high volumes are driven by businesses’ demand for bitcoin, according to Gabriel Jiménez, a Venezuelan blockchain entrepreneur who led the development of the petro. Venezuelan businesses often use bitcoin as a medium to obtain foreign currencies like the dollar, he said. Read more: Here in Venezuela, Doctors Struggle to Access Aid From Crypto Platform Yet, other countries that also suffer from hyperinflation have not come close to Venezuela in peer-to-peer bitcoin activity. Among the 10 economies that have experienced the highest rates of annual inflation since 2017, according to data from the International Monetary Fund, only Venezuela, Argentina and Iran have shown significant peer-to-peer bitcoin market activity, and none approach Venezuela in size or consistency. Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP. What sets Venezuela apart may be governmental support of a digital currency. The petro helped loosen Venezuelans’ fear of dealing with services like LocalBitcoins, said Jiménez. Some high-inflation countries have moved in the other direction. The government of Zimbabwe, where the two largest peer-to-peer bitcoin exchanges have shown zero activity, has made efforts to curb cryptocurrency adoption . There are other factors: Venezuela’s inflation rate is measured by the International Monetary Fund at orders of magnitude higher than any other economy in the top five by annual inflation rates. It hit 65,374% in 2018. The next-highest rate of inflation tracked by the IMF over the past three years is in Zimbabwe, where it is projected to be 319% in 2020. “People living in Venezuela are living under a very unstable and predatory government. They suffer from extreme inflation and general economic instability. And here’s a censorship-resistant, inflation-proof asset, so it’s very attractive to people who are looking for a way to maintain value,” said Andrea O’Sullivan, director of tech and innovation at James Madison Institute, a Washington think tank. Peer-to-peer vs. centralized exchanges According to Jiménez, Venezuelans prefer peer-to-peer exchanges also because they’re better than other alternatives. Centralized services, for example, have lower liquidity and less-developed trading capabilities due to a lack of service from Venezuelan banks. The “early bird” factor is yet another reason. LocalBitcoins became such a popular exchange in Venezuela not only because it was inexpensive, but also because it was the first thing available to Venezeulans as soon as government normalization of cryptocurrencies was in the air around 2017, Jiménez added. Veteran LocalBitcoins traders have their ratings, number of successful trades and years of experience visible on their profile pages, which attracts and maintains customers’ loyalty to them and, in turn, both sides’ loyalty to the platform. Read more: Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions In contrast, Paxful only made plans to enter the market by late 2018 , and research from CoinDesk shows that bolivar-bitcoin trades on the platform have only amounted to less than 1% of their LocalBitcoins counterparts in terms of monthly volume. Yet, even though it’s slated to cease all operations in Venezuela because of heavy U.S. sanctions against the country, Paxful has been on the rise. In July, trades involving bolivars doubled the June volume, crossing the $100,000 line for the first time since the currency was reissued in August 2018, the research shows. The exchange is also enjoying explosive growth in Nigeria, Ghana and Kenya. People living in Venezuela suffer from extreme inflation and general economic instability. And here’s a censorship-resistant, inflation-proof asset, so it’s very attractive to people who are looking for a way to maintain value. That said, Paxful’s monthly volume in each of these countries has only amounted to half of LocalBitcoins’ growth in Venezuela, our data visualization shows. Peer-to-peer activity continues to be most dominant in Venezuela, where it is used to skirt government restrictions and obtain foreign fiats. It’s possible that, as Jiménez suggested, Venezuela’s peer-to-peer bitcoin activity wouldn’t be where it is today without crypto-friendly initiatives from the government itself. It’s also possible that bitcoin adoption in Venezuela may be driven by the sheer rate of Venezuela’s hyperinflation, which outpaces other crisis economies. As bitcoin’s real-world uses continue to crystallize, yet other factors may emerge as drivers of its adoption. Related Stories Venezuela’s Bitcoin Story Puts It in a Category of One Venezuela’s Bitcoin Story Puts It in a Category of One View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.25% on Thursday. Following on from a 0.56% gain on Wednesday, Bitcoin ended the day at $17,818.0. It was a mixed start to the day. Bitcoin rose to an early morning high $18,044.0 before hitting reverse. Falling short of the major resistance levels, Bitcoin fell to a late morning intraday low $17,344.0. Steering clear of the first major support level at $17,112, Bitcoin climbed to a mid-afternoon intraday high $18,166.0. Falling short of the first major resistance level at $18,443, however, Bitcoin slipped back to end the day at sub-$18,000. The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,520 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Bitcoin Cash SV (-0.14%), Cardano’s ADA (-0.45%), Ethereum (-1.48%), and saw red on the day. It was a bullish day for the rest of the majors, however. Litecoin surged by 11.09% to lead the way. Binance Coin (+0.17%), Chainlink (+0.40%), Crypto.com Coin (+3.89%), Polkadot (+1.52%), and Ripple’s XRP (+3.42%) also joined Bitcoin in the green. In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Wednesday high $514.87bn. At the time of writing, the total market cap stood at $493.44bn. Bitcoin’s dominance fell to a Monday low 65.43% before rising to a Wednesday high 67.46%. At the time of writing, Bitcoin’s dominance stood at 67.12%. This Morning At the time of writing, Bitcoin was up by 0.08% to $17,833,0. A mixed start to the day saw Bitcoin fall to an early morning low $17,797.0 before rising to a high $17,934.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.15%), Crypto.com Coin (-0.45%), and Ripple’s XRP (-0.54%) struggled early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Bitcoin Cash SV (+1.07%) and Litecoin (+1.52%) led the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $17,776 to bring the first major resistance level at $18,208 into play. Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $18,166.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $18,500 before any pullback. The second major resistance level sits at $18,598. Failure to avoid a fall through the $17,776 pivot would bring the first major support level at $17,386 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$17,000 levels. The second major support level sits at $16,954. This article was originally posted on FX Empire More From FXEMPIRE: EUR/USD Mid-Session Technical Analysis for November 19, 2020 The Crypto Daily – Movers and Shakers – November 20th, 2020 US Stock Market Overview – Stock Rise Led by Energy; Strong Housing Data Buoys Shares Silver Price Forecast – Silver Markets Continue to Drift Lower Economic Data Puts the Loonie, the Pound, and the EUR in Focus Nuance Shares Jump Over 15% as Analysts Upgrade Target Prices Post Earnings Beat', 'Bitcoin, BTC to USD, rose by 0.25% on Thursday. Following on from a 0.56% gain on Wednesday, Bitcoin ended the day at $17,818.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $18,044.0 before hitting reverse.\nFalling short of the major resistance levels, Bitcoin fell to a late morning intraday low $17,344.0.\nSteering clear of the first major support level at $17,112, Bitcoin climbed to a mid-afternoon intraday high $18,166.0.\nFalling short of the first major resistance level at $18,443, however, Bitcoin slipped back to end the day at sub-$18,000.\nThe near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,520 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBitcoin Cash SV (-0.14%), Cardano’s ADA (-0.45%), Ethereum (-1.48%), and saw red on the day.\nIt was a bullish day for the rest of the majors, however.\nLitecoin surged by 11.09% to lead the way.\nBinance Coin (+0.17%), Chainlink (+0.40%), Crypto.com Coin (+3.89%), Polkadot (+1.52%), and Ripple’s XRP (+3.42%) also joined Bitcoin in the green.\nIn the current week, the crypto total market cap rose from a Monday low $445.47bn to a Wednesday high $514.87bn. At the time of writing, the total market cap stood at $493.44bn.\nBitcoin’s dominance fell to a Monday low 65.43% before rising to a Wednesday high 67.46%. At the time of writing, Bitcoin’s dominance stood at 67.12%.\nAt the time of writing, Bitcoin was up by 0.08% to $17,833,0. A mixed start to the day saw Bitcoin fall to an early morning low $17,797.0 before rising to a high $17,934.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nChainlink (-0.15%), Crypto.com Coin (-0.45%), and Ripple’s XRP (-0.54%) struggled early on.\nIt was a bullish start to the day for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV (+1.07%) and Litecoin (+1.52%) led the way.\nBitcoin would need to avoid a fall through the pivot level at $17,776 to bring the first major resistance level at $18,208 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Thursday’s high $18,166.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $18,500 before any pullback. The second major resistance level sits at $18,598.\nFailure to avoid a fall through the $17,776 pivot would bring the first major support level at $17,386 into play.\nBarring another extended crypto sell-off, Bitcoin should steer well clear of sub-$17,000 levels. The second major support level sits at $16,954.\nThisarticlewas originally posted on FX Empire\n• EUR/USD Mid-Session Technical Analysis for November 19, 2020\n• The Crypto Daily – Movers and Shakers – November 20th, 2020\n• US Stock Market Overview – Stock Rise Led by Energy; Strong Housing Data Buoys Shares\n• Silver Price Forecast – Silver Markets Continue to Drift Lower\n• Economic Data Puts the Loonie, the Pound, and the EUR in Focus\n• Nuance Shares Jump Over 15% as Analysts Upgrade Target Prices Post Earnings Beat', '(Bloomberg) -- The founder of one of the world’s largest Bitcoin exchanges broke a month-long silence to proclaim his innocence Friday, making his first comments since a Chinese police probe forced OKEx to briefly suspend withdrawals of all cryptocurrency assets.\nXu Mingxing posted on a private social media feed he had been cooperating with an investigation into an equity merger his blockchain company OK Group completed years ago. The founder, who also goes by Star, said the investee was the target of a “complicated” legal case, without elaborating. Shares in listed affiliate OKG Technology Holdings Ltd. soared as much as 23% Friday in Hong Kong.\nThe well-known entrepreneur sent his message hours after OKEx announced it’s going to permit withdrawals of digital assets on or before Nov. 27. The Malta-based company halted withdrawals on Oct. 16 after an unidentified staffer with access to users’ accounts went incommunicado while cooperating with a police investigation, the exchange said at the time. OKG, in which Xu owns a controlling stake, said days later he was under probe by Chinese police.\n“The authorities have clarified the matter and proved me innocent,” Xu wrote Friday on his WeChat feed, which is visible only to select users. “In coming days, I’ll call on everyone who supported OK Group to express my gratitude.”\nRead more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx\nIt’s unclear what deal Xu was referring to. OKG, which secured a backdoor listing in Hong Kong last year, has said the group wasn’t subject to any government probe. A representative with the OK Group confirmed Xu’s WeChat post but declined to comment on the investigation or the merger. An OKEx spokeswoman declined to comment on Xu, saying OKEx is a separate entity from the OK Group.\n“The issue that triggered OKEx to deploy the extraordinary security measure has since been resolved,” OKEx said in a Thursday statement. “All user funds can be withdrawn without restriction after withdrawals are reopened.”\nRead more: Frozen OKEx Crypto Traders Can Cash Out, But Would Pay a Price\nXu launched OKEx’s predecessor, OKCoin, in 2013 but later moved away from the exchange business, instead focusing on blockchain venture OK Group. Originally from China, the startup moved its base to Malta after Beijing started to crack down on crypto trading. In the days after OKEx suspended withdrawals, it also halted over-the-counter fiat-to-crypto trading on its platform -- a vehicle that has been under Chinese regulatory scrutiny.\nOKEx saw $4 billion of crypto spot trading on its platform over the past 24 hours, ranking fifth among the world’s largest digital asset exchanges, according to CoinMarketCap. Though volume data in crypto are often seen as suspect, OKEx is generally regarded as one of the most active crypto exchanges.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg) -- The founder of one of the world\x92s largest Bitcoin exchanges broke a month-long silence to proclaim his innocence Friday, making his first comments since a Chinese police probe forced OKEx to briefly suspend withdrawals of all cryptocurrency assets. Xu Mingxing posted on a private social media feed **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: 2020-11-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $328,630,474,088 - Hash Rate: 146956609.8487581 - Transaction Count: 348026.0 - Unique Addresses: 772326.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase, the bitcoin bank valued at $8 billion and expected to go public in 2021 , is going through an internal identity crisis. It started back in June, amid the nationwide protests over the death of George Floyd, when Brian Armstrong, the company’s extremely introverted cofounder and CEO , was asked a question at an employee town hall about why Coinbase had not shown public support for the Black Lives Matter movement. Armstrong declined to give a clear answer, according to crypto news site The Block , and his avoidance resulted in a virtual walkout by “hundreds” of Coinbase’s 1,100 employees on June 3. The next day, Armstrong tweeted , “I want to unequivocally say that Black Lives Matter.” He added: “I’ve been watching the events of the last few weeks unfold – I really did not know what to say about it for a long time, and I'm still not sure I do. But I’ve been getting educated.” News of the walkout never came out until this week, when Erica Baker, the director of engineering at GitHub, tweeted , “A large portion of the Coinbase engineering team walked off the job just before that thread went up because Brian *wouldn’t* say ‘black lives matter.’” She added that “even Google, who had been mum on racism for their entire existence, said something” about the Floyd protests. Indeed, Google, Amazon, Apple, Facebook, Microsoft, and Salesforce are some of the mega-tech names that released public statements of support for the Floyd protests or the Black Lives Matter movement. Coinbase, during that time, made no such statement prior to Armstrong’s tweets. Last weekend, likely in response to ongoing unrest within the company, Armstrong posted a public memo on the Coinbase blog explicitly stating the company’s commitment to an “apolitical culture.” “We don’t engage here when issues are unrelated to our core mission” Coinbase, Armstrong wrote, will focus on its “mission” to build cryptocurrency products. “We are a for-profit business,” he wrote. “We shouldn’t ever shy away from making profit, because with more resources we can have a great impact on the world.” Story continues On political and social issues, Armstrong wrote, “We don’t engage here when issues are unrelated to our core mission, because we believe impact only comes with focus... We don’t advocate for any particular causes or candidates internally that are unrelated to our mission, because it is a distraction from our mission.” Translation: Coinbase’s mission is to make money via cryptocurrency banking products. It is interested purely in crypto capitalism. That in itself wouldn’t be so controversial. (Paul Graham, Y Combinator founder and an early investor in Coinbase, applauded : “I predict most successful companies will follow Coinbase's lead... those who don't are less likely to succeed.”) What rankled many inside the company and out was his apparent forbidding of employees from even talking about politics. Armstrong listed specific discussions he doesn’t want happening inside San Francisco-based Coinbase: “We won’t: Debate causes or political candidates internally; Expect the company to represent our personal beliefs externally; Assume negative intent, or not have each others back; Take on activism outside of our core mission at work.” The Verge aptly called this “ an act of wishful thinking .” Fortune wrote, “There is no such thing as apolitical culture.” Former Twitter CEO Dick Costolo replied to Paul Graham : “This isn’t great leadership... It’s the equivalent of telling your employees to ‘shut up and dribble.’” Jill Carlson, who manages blockchain investments at VC firm Slow Ventures, tweeted , “Have you ever thought about what a privilege it is to be able to NARROWLY FOCUS at work?” Other critics pointed out that by publicly declaring he wants his company to stay away from politics, Armstrong effectively did the opposite. The memo clearly did not go over well with some employees. By Tuesday, Armstrong emailed employees to outline the severance package the company will offer to anyone who does not “feel comfortable with the new direction.” A survey by the tech site The Information on Thursday found that 51% of its subscribers disagreed with Armstrong’s memo and said companies should engage with social activism, but 56% of subscribers also don’t believe employees should leave a company because they disagree with their CEO’s politics. Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. (Photo by Steven Ferdman/Getty Images) Big brands taking political stands The larger problem with the memo is that Armstrong’s goal of an apolitical tech company looks like a pipe dream in 2020. Amid the Donald Trump presidency, political divisions have made social media a frequently toxic place, and big consumer-facing brands (in tech and in other industries) have frequently been forced into politics . Under Armour founder Kevin Plank called Trump a “real asset for this country” and his company’s own sponsored athletes expressed outrage on social media . After white nationalists toted Tiki torches at the violent rally in Charlottesville, Tiki had to clarify that, “We do not support their message or the use of our products in this way.” Keurig temporarily pulled its ads from Sean Hannity’s Fox program and quickly became the target of a boycott by Hannity fans who destroyed their Keurig machines. Wayfair employees in Boston staged a dramatic walkout after discovering the company was selling its furniture to a contractor that supplied private prisons. As a result, many brands have proactively taken steps to make their political views clear—they have chosen to take a side. Nike signed former NFL quarterback and political lightning rod Colin Kaepernick to an endorsement deal, and Dick’s Sporting Goods stopped selling assault rifles at its shops; both moves enraged conservatives, many of whom threatened to boycott those companies. American companies are “finding their ‘woke’ values,” and in many cases it has worked for them, said NYU marketing professor and tech commentator Scott Galloway. “It’s not principle-led, it’s shareholder-driven.” In Silicon Valley, employee activism has surged. Google has had multiple employee walkouts or protests in response to multiple issues at the company, including its handling of sexual harassment accusations and its work with the Chinese government. Apple CEO Tim Cook faced backlash for his 2019 meeting with a Chinese tech regulator and for appearing to kowtow to China by removing apps from the app store at China’s request. Facebook has become the prime symbol of Big Tech’s failure to monitor misinformation and hate speech; it hasn’t hurt the stock one bit. More recently, the direct listing of Palantir, the shadowy defense security firm cofounded by Trump donor Peter Thiel that has worked with I.C.E., served as a reminder that much of Silicon Valley is conservative, not all liberal idealists. In Palantir’s S-1 filing in August, CEO Alex Karp declared , "The engineering elite of Silicon Valley may know more than most about building software. But they do not know more about how society should be organized or what justice requires.” The Coinbase cryptocurrency exchange application is seen on the screen of an iPhone on October 05, 2018 in Paris, France. (Photo Illustration by Chesnot/Getty Images) Brian Armstrong’s memo has strong shades of Mark Zuckerberg’s much-maligned attempts to stay politically neutral. The rise of “stakeholder capitalism” and ESG investing (environmental, social, governance) makes Armstrong’s longing to keep Coinbase apolitical look clumsy. Armstrong’s retort to that very trend is in his memo: “It has become common for Silicon Valley companies to engage in a wide variety of social activism, even those unrelated to what the company does... while I think these efforts are well intentioned, they have the potential to destroy a lot of value at most companies, both by being a distraction, and by creating internal division.” His stance created internal division at his own company. And the situation is likely far from resolved. UPDATE, Oct. 8: In a blog post , Coinbase CEO Brian Armstrong says that 60 employees, or 5% of the workforce, have left after his memo. — Daniel Roberts is an editor-at-large at Yahoo Finance and closely covers bitcoin and blockchain. Follow him on Twitter at @ readDanwrite . Read more: Why bitcoin and altcoins are hot again this summer Bitcoin scams on Twitter are nothing new—and they work Oatly is defending itself after selling stake to Trump-friendly firm Blackstone Goya Foods facing consumer boycotts after CEO praises Trump From Aunt Jemima to Uncle Ben, a reckoning for racist brand names and logos Companies like Nike and Dick’s are ‘finding their woke values’ Wayfair is the latest example of brands getting burnt by politics... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['Call it the CPR after Operation Choke Point.\nThe U.S. Office of the Comptroller of the Currency, a national bank regulator led by former Coinbase counsel Brian Books, has proposed a rule that would forbid banks to blacklist legal industries — including, presumably, cryptocurrency firms.\nUnder the proposed rule, banks could deny financial services to customers only on the basis of “quantitative, risk-based standards established in advance,” not in response to political pressures.\nRelated:Gemini Exchange Is Using ClearBank for UK Banking Services\nTheproposal, published Friday in the Federal Register, does not mention cryptocurrency. But it will likely come as welcome news to businesses in the space, which have long struggled to obtain or keep bank accounts in the U.S. Crypto firms have long relied on a handful of banks—Silvergate Bank, Signature Bank, and Metropolitan Commercial Bank among them—for basic banking needs.\nOn the other hand, if banks in the world’s largest economy were forbidden to discriminate against legitimate businesses, thenall else equal, it could, in theory, underminethe appealofpermissionless,censorship-resistant payment systemssuch asBitcoin.\nThe OCC proposal specifically mentionsOperation Choke Point, an Obama-era Justice Department initiative that was ostensibly meant to shut down only fraudulent businesses and payday lenders by pressuring banks to close their accounts. In practice, there appears to have beenwidespreadcollateraldamage.\n“Government agencies (but not the OCC) were revealed to have pressured banks to cut off access to financial services to disfavored (but not unlawful) sectors of the economy,” according to the OCC’s proposal. These included the firearm and coal industries. Operation Choke Pointended officiallyinlate 2017,but financial intermediaries still receive pressure from politicians and the public to unbank industries or individuals deemed unsavory or problematic.\nRelated:Crypto-Friendly Brooks Gets Nod to Serve 5-Year Term Leading Bank Regulator\nIn its proposal, the regulator gave examples of banks being pressured by political boycotts to stop providing financial services to family planning organizations or shotgun and rifle makers.\n“Neither the OCC nor banks are well-equipped to balance risks unrelated to financial exposures and the operations required to deliver financial services,” the regulator wrote. “For example, climate change is a real risk, but so is the risk of foreign wars caused in part by U.S. energy dependence and the risk of blackouts caused by energy shortages … balancing these risks is the purview of Congress and Federal energy and environmental regulators” — in other words, not financial regulators or institutions.\nThe proposal is open for public comment through Jan. 4.\nThis week, President Donald J. Trump nominated acting Comptroller Brooks to be the permanent head of the OCC for afive-year stint. Congress has yet to vote on the nomination and the projected President-Elect, Joe Biden, may end up filling the post if Brooks isn’t confirmed by Jan. 20.\n• US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)\n• US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)', 'Call it the CPR after Operation Choke Point. The U.S. Office of the Comptroller of the Currency, a national bank regulator led by former Coinbase counsel Brian Books, has proposed a rule that would forbid banks to blacklist legal industries — including, presumably, cryptocurrency firms. Under the proposed rule, banks could deny financial services to customers only on the basis of “quantitative, risk-based standards established in advance,” not in response to political pressures. Related: Gemini Exchange Is Using ClearBank for UK Banking Services The proposal , published Friday in the Federal Register, does not mention cryptocurrency. But it will likely come as welcome news to businesses in the space, which have long struggled to obtain or keep bank accounts in the U.S. Crypto firms have long relied on a handful of banks—Silvergate Bank, Signature Bank, and Metropolitan Commercial Bank among them—for basic banking needs. On the other hand, if banks in the world’s largest economy were forbidden to discriminate against legitimate businesses, then all else equal , it could, in theory, undermine the appeal of permissionless , censorship-resistant payment systems such as Bitcoin . The OCC proposal specifically mentions Operation Choke Point , an Obama-era Justice Department initiative that was ostensibly meant to shut down only fraudulent businesses and payday lenders by pressuring banks to close their accounts. In practice, there appears to have been widespread collateral damage . “Government agencies (but not the OCC) were revealed to have pressured banks to cut off access to financial services to disfavored (but not unlawful) sectors of the economy,” according to the OCC’s proposal. These included the firearm and coal industries. Operation Choke Point ended officially in late 2017, but financial intermediaries still receive pressure from politicians and the public to unbank industries or individuals deemed unsavory or problematic. Story continues Related: Crypto-Friendly Brooks Gets Nod to Serve 5-Year Term Leading Bank Regulator In its proposal, the regulator gave examples of banks being pressured by political boycotts to stop providing financial services to family planning organizations or shotgun and rifle makers. “Neither the OCC nor banks are well-equipped to balance risks unrelated to financial exposures and the operations required to deliver financial services,” the regulator wrote. “For example, climate change is a real risk, but so is the risk of foreign wars caused in part by U.S. energy dependence and the risk of blackouts caused by energy shortages … balancing these risks is the purview of Congress and Federal energy and environmental regulators” — in other words, not financial regulators or institutions. The proposal is open for public comment through Jan. 4. This week, President Donald J. Trump nominated acting Comptroller Brooks to be the permanent head of the OCC for a five-year stint . Congress has yet to vote on the nomination and the projected President-Elect, Joe Biden, may end up filling the post if Brooks isn’t confirmed by Jan. 20. Related Stories US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto) US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)', 'Bitcoin, BTC to USD, rallied by 4.73% on Friday. Following on from a 0.25% gain on Thursday, Bitcoin ended the day at $18,660.0.\nIt was a mixed start to the day. Bitcoin slipped to an early morning intraday low $17,753 before making a move.\nSteering clear of the first major support level at $17,386, Bitcoin rallied to a late afternoon intraday high $18,810.0.\nBitcoin broke through the first major resistance level at $18,208 and the second major resistance level at $18,598.\nA late pullback saw Bitcoin briefly fall back through the second major resistance level before wrapping up the day at $18,600 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,657 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Friday.\nCardano’s ADA surged by 11.71% to lead the way.\nCrypto.com Coin (+9.45%), Ethereum (+8.16%), and Ripple’s XRP (+8.74%) also rallied on the day.\nBinance Coin (+3.04%), Bitcoin Cash SV (+5.05%), Chainlink (+3.49%), Litecoin (+1.25%), and Polkadot (+4.94%) trailed the front runners.\nIn the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday morning high $526.31bn. At the time of writing, the total market cap stood at $522.55bn.\nBitcoin’s dominance fell to a Monday low 65.43% before rising to a Wednesday high 67.46%. At the time of writing, Bitcoin’s dominance stood at 66.94%.\nAt the time of writing, Bitcoin was up by 0.94% to $18,836.0. A mixed start to the day saw Bitcoin fall to an early morning low $18,629.4 before rising to a high $18,899.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin was down by 0.15% to buck the trend early on.\nIt was a bullish start to the day for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was up by 6.71% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $18,408 to bring the first major resistance level at $19,062 into play.\nSupport from the broader market would be needed for Bitcoin to break through to $19,000 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $19,500 before any pullback. The second major resistance level sits at $19,465.\nFailure to avoid a fall through the $18,408 pivot would bring the first major support level at $18,005 into play.\nBarring another extended crypto sell-off, Bitcoin should steer well clear of sub-$18,000 levels. The second major support level sits at $17,351.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Consolidate Recent Losses\n• Gold Weekly Price Forecast – Gold Markets Form a Hammer\n• Gold Price Forecast – Gold Markets Continue to Find Buyers\n• USD/JPY Weekly Price Forecast – US Dollar Continues Grind Lower\n• Natural Gas Price Forecast – Natural Gas Markets Recover on Friday\n• Natural Gas Weekly Price Forecast – Natural Gas Finding Buyers', 'Bitcoin, BTC to USD, rallied by 4.73% on Friday. Following on from a 0.25% gain on Thursday, Bitcoin ended the day at $18,660.0. It was a mixed start to the day. Bitcoin slipped to an early morning intraday low $17,753 before making a move. Ste **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: 2020-11-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $350,439,214,150 - Hash Rate: 147831351.5740483 - Transaction Count: 311189.0 - Unique Addresses: 663959.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Even after Silk Road founder Ross Ulbricht was arrested and sentenced to life in prison, authorities were unable to find a huge chunk of the commissions — in Bitcoin, of course — the dark web marketplace generated. Earlier this week, authorities have traced and seized over 69,000 of the missing Bitcoin in what has become the largest seizure of cryptocurrency in the history of the Department of Justice to date. Seeing as one Bitcoin is currently valued at $15,000, the pile in DOJ’s possession is worth over $1 billion. The department has now filed a civil complaint for the Bitcoin forfeiture. Silk Road was a massive marketplace on the dark web where people could anonymously conduct drug and gun sale transactions, among other illicit activities. Authorities shut down the platform in 2013 and arrested its founder who was known by the pseudonym “Dread Pirate Roberts.” As the Wall Street Journal notes, they only managed to seize 175,000 Bitcoin from Ulbricht back then, which is less than half of the 600,000 Bitcoin they believe the website generated in commissions. US Attorney Anderson said in a statement: “Silk Road was the most notorious online criminal marketplace of its day. The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go? Today’s forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States’ possession.” The Internal Revenue Service’s Criminal Investigation unit was responsible for finding the 69,000 seized Bitcoin. Agents from the unit started analyzing Silk Road’s digital wallets earlier this year and found 54 previously undetected transactions. They determined that Ulbricht didn’t make those transactions and that they were conducted by a hacker they’re referring to as “Individual X” who stole the Bitcoin in 2012 and 2013. The DOJ says Individual X agreed to hand over what they stole after authorities tracked them down, signing a Consent and Agreement to Forfeiture with the Northern District of California’s US Attorney’s Office on November 3rd. It’s worth noting that Ulbricht was aware of the hacker’s online identity and allegedly threatened them for the Bitcoin’s return. Individual X, however, refused to give in — they simply sat on that enormous amount of money and didn’t spend it. "Ulbricht became aware of Individual X’s online identity and threatened Individual X for return of the cryptocurrency to Ulbricht. Individual X did not return the cryptocurrency but kept it and did not spend it." — Alon Gal (Under the Breach) (@UnderTheBreach) November 5, 2020 The DOJ didn’t reveal what it plans to do with the massive pile of digital coins, but the government auctioned off the other Silk Road-related coins it previously seized. How much the government can get from it remains to be seen, though, since releasing lots of Bitcoin to buyers could lower its value. This article contains affilate links; if you click such a link and make a purchase, we may earn a commission.... - 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, BTC to USD, ended the day flat at $18,660.0 on Saturday. On Friday, Bitcoin had rallied by 4.73%. It was a bullish start to the day. Bitcoin rallied to an early morning intraday high and new swing hi $18,945.0 before hitting reverse. Falling short of the first major resistance level at $19,062, Bitcoin fell to a mid-day intraday low $18,323.0. Steering clear of the first major support level at $18005, Bitcoin briefly revisited $18,800 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,709 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ripple’s XRP surged by a whopping 39.95% to lead the way. Bitcoin Cash SV (+16.00%), Cardano’s ADA (+12.69%), Chainlink (+9.81%), Ethereum (+8.35%), Polkadot (+10.33%), and Ripple’s XRP (+8.74%) also made strong gains. Binance Coin (+5.23%), Crypto.com Coin (+0.55%), Litecoin (+5.43%), trailed the front runners, however. In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday high $544.20bn. At the time of writing, the total market cap stood at $529.35bn. Bitcoin’s dominance rose to a Wednesday high 67.46% before sliding to an early Sunday low of 64.32%. At the time of writing, Bitcoin’s dominance stood at 64.95%. This Morning At the time of writing, Bitcoin was down by 0.95% to $18,482.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,732.0 before falling to an early morning low $18,415.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Ripple’s XRP was down by 5.45% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $18,643 to bring the first major resistance level at $18,962 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $18,900 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $19,500 before any pullback. The second major resistance level sits at $19,265. Failure to move back through the $18,643 pivot would bring the first major support level at $18,340 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$18,000 levels. The second major support level at $18,021 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Consolidate Recent Losses The Weekly Wrap – COVID-19 and U.S Politics Drove Risk Sentiment Crude Oil Weekly Price Forecast – Crude Oil Continues to Grind Higher The Week Ahead – Private Sector PMIs, COVID-19, Brexit, and Capitol Hill in Focus Crude Oil Price Forecast – Crude Oil Continues to Find Resistance US Stocks Drift Lower in Reaction to Dwindling Financial Aid, Rising Virus Rates', 'Bitcoin, BTC to USD, ended the day flat at $18,660.0 on Saturday. On Friday, Bitcoin had rallied by 4.73%. It was a bullish start to the day. Bitcoin rallied to an early morning intraday high and new swing hi $18,945.0 before hitting reverse. Falling short of the first major resistance level at $19,062, Bitcoin fell to a mid-day intraday low $18,323.0. Steering clear of the first major support level at $18005, Bitcoin briefly revisited $18,800 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,709 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ripple’s XRP surged by a whopping 39.95% to lead the way. Bitcoin Cash SV (+16.00%), Cardano’s ADA (+12.69%), Chainlink (+9.81%), Ethereum (+8.35%), Polkadot (+10.33%), and Ripple’s XRP (+8.74%) also made strong gains. Binance Coin (+5.23%), Crypto.com Coin (+0.55%), Litecoin (+5.43%), trailed the front runners, however. In the current week, the crypto total market cap rose from a Monday low $445.47bn to a Saturday high $544.20bn. At the time of writing, the total market cap stood at $529.35bn. Bitcoin’s dominance rose to a Wednesday high 67.46% before sliding to an early Sunday low of 64.32%. At the time of writing, Bitcoin’s dominance stood at 64.95%. This Morning At the time of writing, Bitcoin was down by 0.95% to $18,482.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,732.0 before falling to an early morning low $18,415.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Ripple’s XRP was down by 5.45% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $18,643 to bring the first major resistance level at $18,962 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $18,900 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $19,500 before any pullback. The second major resistance level sits at $19,265. Failure to move back through the $18,643 pivot would bring the first major support level at $18,340 into play. Barring another extended crypto sell-off, Bitcoin should steer well clear of sub-$18,000 levels. The second major support level at $18,021 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Consolidate Recent Losses The Weekly Wrap – COVID-19 and U.S Politics Drove Risk Sentiment Crude Oil Weekly Price Forecast – Crude Oil Continues to Grind Higher The Week Ahead – Private Sector PMIs, COVID-19, Brexit, and Capitol Hill in Focus Crude Oil Price Forecast – Crude Oil Continues to Find Resistance US Stocks Drift Lower in Reaction to Dwindling Financial Aid, Rising Virus Rates', 'MANILA, PHILIPPINES / ACCESSWIRE / November 21, 2020 / T inaga Resorts Corp (TRC ) confirmed that its Tokens went on sale on pre-sale on November 16, 2020 at www.tinagaislandresort.com . This pre-listing sale is at 50% off ($0.10 per token) until $1 million worth of the tokens are sold, then the price increases to $0.20 per token. This STO is the largest in Asia this year and the first such in the world involving a marquee beach resort. The beach was voted one of the best beaches in Philippines and our lot is the best lot on beach. https://www.pwc.com/ph/en/gems/calaguas.html . The Tinaga Island Resort Token "TIRC" Valuation: The land valuation is $8.40M. Our budget is $12.6M to build the resort. The asset will continually appreciate as we secure a 5-star resort hotel management company, a world renowned architect, and then build the resort. Your ownership via the TIRC token is pro-rata of this valuation. Income: Additional revenue returns will commence from December 2021 by the ‘off-plan\' private sales of the luxury villas. The first stage approximately 20 villas will generate approximately $15M. Second stage will be another $30M in sales. The net income from these sales will be shared pro-rata with token holders in 2023-24. Driving Token Value: From the outset, we will drive value in the token but revealing partners (architects, interior designers, etc.) adding exchanges, revealing the \'green paper\', 5-star hotel management company and a host of other announcements. Resort Operations: The Tinaga Luxury Resort will begin operations in approximately December 2024. Once operational, the token will generate profit from the hotel operations. Summary: Ownership in TIRC Tokens allows you to enjoy income from the villas sales and hotel operations. And the appreciating real estate asset as we secure hotel management, an architect, interior designers etc. This digital security was issued on the Ravencoin Blockchain. "We are thrilled to see the Tinaga Resorts TIRC digital security on the Ravencoin blockchain", said Tron Black, lead developer of Ravencoin. "Tokenizing and trading private securities like TIRC will be the future model that will enable broader investor access, provide liquidity optionality, and reduce the cost of capital." We started selling TIRC on November 16, 2020 on our website at $0.10 per token (50% discount). TIRC token sales (with limited pre-listing discount) went on sale November 16, 2020 until the allocation of US$1 million is sold out. TIRC intends to trade its token on the CryptoSX exchange in Q1, 2021. CryptoSX is a fully licensed and regulated Digital Assets Exchange that allows issuers to tokenize and investors to buy and sell digital assets including assisting issuers to securitize assets, such as public company securities, real estate, art, antiques and other valuable assets. The Exchange recently integrated itself with Ravencoin to accommodate STO\'s utilizing its blockchain. Along with its existing Ethereum platform, it intends to become fully compliant with the U.S. Securities and Exchange Commission and with FINRA. CryptoSX welcomes companies from around the world to securitize their assets, raise capital for business development and expansion and as a platform for secondary trading. Story continues For more information about purchasing our STO\'s please click on this link: https://tinagaislandresort.medium.com . About Ravencoin Ravencoin (RVN) is a decentralized peer-to-peer network designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, the proof-of-work Ravencoin platform was launched January 3rd, 2018 and is a truly open source project (no ICO, no pre- **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: 2020-11-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $350,439,214,150 - Hash Rate: 152205060.20049945 - Transaction Count: 271125.0 - Unique Addresses: 587237.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is unlikely to replace the greenback as a global reserve currency any time soon, according to one of the most highly regarded analysts in foreign exchange. “Backing the dollar is the world’s biggest, deepest and the most transparent government bond market,” Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book “Making Sense of the Dollar,” told CoinDesk in a recent video chat. “I just don’t know how bitcoin can replace the greenback from that viewpoint.” A global reserve currency is the one that facilitates cross-border trade, including investments and international debt obligations. Global central banks hold reserve currencies to help protect against major swings in foreign-exchange rates, as well as in the conduct of monetary policy. Related: This Self-Sovereign ‘DocuSign’ Uses Bitcoin for Digital Proofs The U.S. dollar has been the primary reserve currency since 1944, and investors tend to park funds in dollar-denominated assets or hold dollars during times of stress in the global economy. For instance, the U.S. Dollar Index, which tracks the greenback’s value against a basket of other major fiat currencies, rose from 94.65 to 103.00 in mid-March as global equity markets tanked on coronavirus-induced recession fears. Some analysts, however, foresee markets losing confidence in the dollar over the next few years. That’s because the Federal Reserve has pumped trillions of dollars of liquidity into the financial system over the past decade and is likely to continue printing money at an elevated pace for some time. The central bank’s balance sheet has expanded from $905 million to over $7 trillion in the past nine years, according to the St. Louis Fed. It has grown by more than $4 trillion in the past five months, as the Fed rolled out emergency liquidity programs to counter the economic toll of the coronavirus, while ramping up monthly asset purchases in a process known as quantitative easing. Story continues “The U.S. dollar is on the brink of losing its position of world’s global reserve as inflation concerns in the U.S. grows,” Goldman Sachs said in July. While the investment bank speculates that gold could replace the dollar, the crypto community contends that bitcoin , with its deflationary monetary policy, is the best alternative to the dollar. Related: These 3 Trends Are Driving Crypto Market Growth Now Bitcoin’s pace of supply expansion is reduced by 50% every four years via a process called mining reward halving. At inception, each bitcoin block reward was worth 50 BTC. As of now, per block reward is 6.25 BTC – down from 12.5 BTC prior to May 12. Bitcoin’s tapering supply growth while the Fed has increased dollars is a large reason why many in the crypto markets have long been predicting the dollar’s collapse and bitcoin’s rise as a global reserve. However, such predictions often neglect that countries do not just accumulate dollars but also buy U.S. government bonds. “Central banks don’t just hold dollars; they hold U.S. Treasuries. That’s what corporations and large institutions do,” Chandler said. Why countries buy U.S. Treasury Bonds As of June 2020, Japan held U.S. Treasury securities worth $1.26 trillion, and China held $1.07 trillion, according to data provider Statista . According to the Federal Reserve and U.S. Department of the Treasury, foreign countries held $7.04 trillion worth of U.S. Treasury securities as of June 2020. The Chinese and Japanese purchases of Treasury bonds isn’t a case of these nations’ generosity, as is popularly perceived, but economic math. These nations run substantial current account surpluses (and capital account deficits) and invest their surplus forex reserves in the U.S. government bonds, given it is the deepest in the world. Also, investing in the U.S. Treasury helps Japan and China keep their currencies from appreciating and preserves current account surpluses. As of Aug. 20, the size of the global sovereigns, supranational and agencies bond market was $87.5 trillion, of which the U.S. accounted for $22.4 trillion and China $19.8 trillion. While China is a close second, its currency, the yuan, has yet to achieve full capital account convertibility and there are transparency concerns regarding Chinese markets. Put simply, no other bond market has the depth and transparency to absorb billions of dollars of demand other than the U.S. bond market. “No bond market can come close to Treasurys,” Chandler said. Meanwhile, no central bank has purchased bitcoin to date. While the institutional participation has increased this year, the cryptocurrency continues to behave like an investment asset rather than a safe haven or a future global reserve. Bitcoin fell during the March crash and has risen strongly over the past six months alongside the U.S dollar’s sell-off. Besides, price volatility is an issue. Bitcoin has moved at an average pace of 16% per month this year, substantially higher than a non-major currency like the Mexican peso, as noted by Chandler. As such, the idea of bitcoin supplanting the U.S. dollar as the global reserve in the near term looks far-fetched. Dollar has withered a bigger sell-off in the past The U.S. Dollar Index (DXY) fell by 10% to a 16-month low of 101.75 in the mid-March to mid-August period. The slide, coupled with the Federal Reserve’s recent decision to adopt a more flexible approach to controlling inflation, has bolstered fears of the dollar’s collapse as a reserved currency. However, the dollar has suffered bigger sell-offs in the past and still maintained its reserve status. For instance, the index, which rose sharply from 77 to 89 in the seven months following the collapse of Lehman Brothers in August 2008, reversed gains and fell back to 72.70 by May 2011. That’s a nearly 20% decline in 12 months or so. More important, when the DXY made a low near 72.70 in May 2011, EUR/USD was trading near $1.45, up 23% from the current rate of $1.1750. Meanwhile, GBP/USD was trading above $1.65 – 28% more than the current exchange rate of $1.29. The Japanese yen, Australian dollar, Canadian dollar and other major currencies were also trading at significantly higher levels than seen today, as noted by Chandler. Essentially, the U.S. dollar was aggressively sold on the Federal Reserve’s quantitative easing programs. Even so, it remained the dominant global reserve currency. The dollar accounted for more than 60% of the global forex reserves in crisis and recovery years of 2009, 2010 and 2011, according to data source statista.com . The situation hasn’t changed much this year despite the coronavirus crisis. The greenback accounted for 61% of the global currency reserves in the second quarter, as per the International Monetary Fund . Thus replacing the dollar is easier said than done. Bitcoin has to cover plenty of distance before it can threaten the dollar’s hegemony. For that to happen, the crypto community’s focus needs to shift from playing for price rallies to building infrastructure that would accelerate adoption at the institutional level. Major central banks like the Fed and the People’s Bank of China are working on digital currencies. Chandler postulates that central bank digital currencies would pave the way for an alternative payment system. Dollar sell-off likely to continue The dollar bounced in September, ending a six-month losing trend even though the Fed adopted a more flexible approach to controlling inflation at the end of August. According to Chandler, the dollar’s bounce has got more to do with technical factors. The currency looked oversold against majors and bullish positioning in EUR/USD had reached extremes in August. As a result, a minor bounce was overdue and was amplified by expectations for more monetary easing by the European Central Bank. The Fed has created more room for itself to keep interest rates low for a longer period of time by signaling a willingness to tolerate above-target (2%) inflation for some time. As such, the path of least resistance for the dollar is to the downside, unless other central banks follow the Fed’s path. With the dollar looking weaker, recent uptrends in bitcoin, gold and assets denominated in the greenback could soon resume. However, if Chandler is correct, the dollar is likely to prevail as the global reserve. Related Stories Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler... - Reddit Posts (Sample): [['u/The_Bitcoin_Dude', 'Attention NEW Bitcoiners: Security tips to get you started.', 60, '2020-11-22 00:11', 'https://www.reddit.com/r/Bitcoin/comments/jykp1f/attention_new_bitcoiners_security_tips_to_get_you/', "Hi, everyone \n\nWith the large influx of new Bitcoiners I thought I would share some basic security measures. Please feel free to add your input and suggest others!\n\n* **Never Share your recovery phrase with anyone!!!!**\n* Place your recovery phrase in a secure place\n* Use a hardware wallet (not your keys not your coin)\n* Don't expose how much Bitcoin you have... to anyone\n* Never invest more than you can afford to lose\n* Always review the address you are sending bitcoin to (your clipboard could be compromised)\n* Continuously educate yourself on why you are buying/have bought Bitcoin.\n\nThis is a brief overview of how you can be more secure. If you have any questions on the above bullet points, please feel free to ask for clarification!\n\n\\-The Bitcoin Dude", 'https://www.reddit.com/r/Bitcoin/comments/jykp1f/attention_new_bitcoiners_security_tips_to_get_you/', 'jykp1f', [['u/Dosagu', 11, '2020-11-22 01:05', 'https://www.reddit.com/r/Bitcoin/comments/jykp1f/attention_new_bitcoiners_security_tips_to_get_you/gd4sti1/', "I dont have mucho bitcoin since i can't affort much (i'm in Venezuela, so got this amount of coins with lots of effort), but is there a wallet i can install on my pc than you guys would recomend. U cand buy trezor, since it cost more than the amount of btc i got", 'jykp1f'], ['u/wertwert2000', 11, '2020-11-22 01:45', 'https://www.reddit.com/r/Bitcoin/comments/jykp1f/attention_new_bitcoiners_security_tips_to_get_you/gd4xak3/', 'Electrum or wasabi are good choices', 'jykp1f']]], ['u/Ordinary_investor', 'Bernie Madoff and bitcoin', 27, '2020-11-22 00:50', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/', ' **People have sent me few privates asking for references/proof:**\n\n**Here is CLASS ACTION COMPLAINT by United States district court Southern district of New York, which goes into much detail about the topic:**\n\n[https://www.courthousenews.com/wp-content/uploads/2020/01/Bitcoin.pdf](https://www.courthousenews.com/wp-content/uploads/2020/01/Bitcoin.pdf)\n\nHi community!\n\nThose who do not know, before the Madoff ponzi collapsed, B. Madoff was chairman of Nasdaq and very well respected among the circles. Few years later, Securities Investor Protection Corporation (SIPC) trustee estimated actual losses to investors of $18 billion. It is reason why i am posting this as hopefully i will save few people from losing their money in the coming years by investing into cryptocurrencies.\n\nI will keep it short and simple and not go much into technical details, but i assure you anyone willing to google, there is plenty of detailed proof and research into the topic.\n\nBitcoin price has increased through this year **mainly** only because the fact that there is a mechanism in which dollar "equivalent", called tether, which is almost entirely unpacked by fiat (unofficial claim by tether treasury is, that they are packed by dollar equivalent, which in this case means bitcoin itself, which is ridiculous in itself), is being used to prop up the price of bitcoin by buying it off all the major exchanges, such as Binance, Huobi, Coinbase, Kraken etc. There is hardly any real retail interest and all the major counter points, used by the crypto community (such as insitutional demand, billionaires buying before you, Paypal, Square, Micro etc) is all smoke and mirrors, in hopes that retail will come and buy into the ponzi pyramid.\n\nWhy i mentioned Madoff, is because just few days back, total tether in circulation also crossed the SIPC mentioned $18B, currently already at $18.4B. This year alone so called Tether Treasury has issued >14B new tethers, claiming exponential increase in demand. As a comparison, at the peak of the 2017 crypto mania, there were only total of 1.4B printed through whole year. And tether is only one of the quite a few noteworthy other stablecoins, which i wont go into currently, but they also feed into the loop/system, of proping up the price. Simple example being DEFI, where Ethereum is being used as an collateral, for person to take out a loan in so called stable coins, which then on majority of cases, is used again to purchase even more ethereum. In Laymans terms, being used as a simple leverage multiplier tool with interest payment. But is defined by community, as somewhat of a groundbreaking new invention. Which i agree, it somewhat would be, if used for the real world purposes, not as a simple leverage tool.\n\nHere is a chart i put together, which should make it rather obvious for anyone taking a quick look.\n\nIt includes last 4 years of bitcoin price, tether printing and retail interest on one chart:\n\n[**https://imgur.com/i78BTXg**](https://imgur.com/i78BTXg)\n\nI will also leave you with a comic strip, that i had made, which describes the last 4 years of Bitcoin (and cryptocurrency asset class) tether addiction:\n\n[**https://imgur.com/fPDm2VX**](https://imgur.com/fPDm2VX)\n\nPS *I just want to add, that in my opinion, main issue with bitcoin and all of cryptocurrency space is more precisely what it has become, a big ponzi pyramid. On top of that, tether treasury (and those involved) has completely taken over the space and what they are doing, will eventually leave many people financially ruined (because they do not any better or know, but still are willing to risk) and unfortunately them probably much more rich.*\n\n*I must add, that i would be significantly more acceptable with this global huge economy project/test, if it would lead its way in natural course, without middleman mafia, which currently, in Laymans terms, pumps the price with nothing but air, to eventually sell to a greater fool. If it would naturally succeed, as in new age gold 2.0, more gradually, actually being implemented into payment/financial systems etc, actually represent the alternative to government money, money for people, i would be alot more comfortable to let it run its course and see if it perhaps succeeds.*\n\n*Bitcoin has lost all of what it was supposed to represent and where it was supposed to develop as a technology. There are many reasons why it has gone as such, it is not really topic to discuss here.*', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/', 'jylc71', [['u/redditspeechcensor', 23, '2020-11-22 03:02', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd58t59/', 'I guess this guy is going to be standing on the sidelines as bitcoin hits 300-500k soon like Wall Street analysts have suggested.', 'jylc71'], ['u/velvetlicker', 45, '2020-11-22 03:22', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd5c86e/', 'Lol see you from the moon', 'jylc71'], ['u/pnwmike', 15, '2020-11-22 03:31', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd5drcd/', 'Tether market cap is ~$18.5 like you said. Tether is not just used by those trading bitcoin, but also those trading all cryptos available through their exchange. Bitcoin market cap is ~341 billion. Total crypto market cap is ~532 billion. Assuming all of the tether manipulation is focused solely on Bitcoin, you think Tether has been printed to manipulate the price of Bitcoin by 5%? Isn’t it more likely that increased participation in the crypto marketplace has led to more people storing cash on the exchanges in the form of Tether?', 'jylc71'], ['u/BeardedMan32', 29, '2020-11-22 03:39', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd5f31d/', 'I don’t invest in Bitcoin but Madoff is not a good comparison. Madoff told investors he had X amount of money that simply did not exist. Bitcoin exists but the value of it is highly debatable.', 'jylc71'], ['u/natterdog1234', 16, '2020-11-22 05:13', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd5pwfq/', 'Well if Wall Street analysts said it, it must be true. After all those Wall Street boys always have your best interests in mind', 'jylc71'], ['u/jsr92491', 24, '2020-11-22 05:16', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd5qbmn/', 'What if I told you that the biggest asset manager in the world is about to file with the SEC for permission to buy Bitcoin', 'jylc71'], ['u/zammai', 12, '2020-11-22 06:35', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd62vc7/', 'Also it has been argued that the entire stock market is inherently a ponzi structure. Where we are depending on others to purchase what we want to sell at a higher price than we paid for it. \n\nBecause without the other party buying we are left holding the bag. \n\nSo if this is the argument with Bitcoin it is very weak.', 'jylc71'], ['u/assenderp', 10, '2020-11-22 08:18', 'https://www.reddit.com/r/StockMarket/comments/jylc71/bernie_madoff_and_bitcoin/gd6i27o/', "This would only apply from a trading perspective. When you focus on cash flow/look at it as a business owner, you focus on the actual value the company will generate and return to you as a shareholder. One may argue the intersubjectivity of it all, which would be correct, but I really don't invest hoping that someone is willing to pay more for the stock I bought.\n\nI do like your comparison, though. Because bubbles are looking like a ponzi structure and in a crash, when no one is willing to buy, you are left holding the bag.", 'jylc71']]], ['u/jarederaj', 'Major Moon Math Update: The case for 1M USD/BTC by the end of 2021', 184, '2020-11-22 03:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/jyo4oa/major_moon_math_update_the_case_for_1m_usdbtc_by/', "##Major Moon Math Update: The case for 1M USD/BTC by the end of 2021\n\nhttps://www.moonmath.win\n\nIf you’re a r... 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 Bitcoin rallied by 15.20% in the week ending 22 nd November. Following a 3.00% gain from the week prior, Bitcoin ended the week at $18,392.0. It was a bullish week. Bitcoin rallied from a Monday intraweek low $15,874.0 to a Saturday intraweek high and a new swing hi $18,945.0. The rally saw Bitcoin break through the first major resistance level at $16,684 and the second major resistance level at $17,402. Coming up against resistance at $19,000, however, Bitcoin fell back on Sunday to end the week at sub-$18,500 levels. 5 days in the green that included a 5.72% rally on Tuesday and a 4.73% gain on Friday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall through $17,737 pivot to support a run at the first major resistance level at $19,600. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $18,945.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Bitcoin could test the second major resistance level at $20,808. Failure to avoid a fall through the $17,737 pivot would bring the first major support level at $16,529 into play. Barring an extended sell-off, however, Bitcoin should steer clear of sub-$16,000 support levels. The second major support level sits at $14,666. At the time of writing, Bitcoin was down by 0.95% to $18,217.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,498.0 before falling to a low $18,003.0 Bitcoin left the major support and resistance levels untested at the start of the week. Ripple\x92s XRP Ripple\x92s XRP surged by 60.90% in the week ending 22 nd November. Following on from a 6.29% rally from the previous week, Ripple\x92s XRP ended the week at $0.44669. It was also a bullish week. Ripple\x92s XRP rallied from a Monday intraweek low $0.26767 to a Sunday intraweek high $0.4980. Ripple\x92s XRP broke through the week\x92s major resistance levels. More significantly, however, Ripple\x92s XRP broke through the 23.6% FIB of $0.3134 and the 38.2% FIB of $0.4392. Story continues The bearish end to the week saw Ripple\x92s XRP fall back to $0.40 levels before wrapping up the week at $0.44 levels. 5-days in the green that included a 39.95% jump on Saturday delivered the upside for the week. For the week ahead Ripple\x92s XRP would need to avoid a fall through 38.2% FIB and the $0.4041 pivot level to support a run at the first major resistance level at $0.5406. Support from the broader market would be needed, however, for Ripple\x92s XRP to break out from last week\x92s high $0.4980. Barring another extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Ripple\x92s XRP could test the second major resistance level at $0.6345 before any pullback. Failure to avoid a fall through the 38.2% FIB and the $0.4041 pivot would bring the 23.6% FIB of 0.3134 and the first major support level at $0.3102 into play. Barring an extended crypto market sell-off, however, Ripple\x92s XRP should steer clear of sub-$0.30 levels, however. The second major support level sits at $0.1738. At the time of writing, Ripple\x92s XRP was up by 1.29% to $0.45246. A bullish start to the week saw Ripple\x92s XRP fall to an early Monday morning low $0.43266 before striking a high $0.45485. Ripple\x92s XRP left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Hit a 13th Record Low for the Year US Stock Market Overview \x96 Stock Close Mixed; JP Morgan Forecasts Contraction in Q1 Ethereum, Litecoin, and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 November 21st, 2020 Gold Forecast \x96 Gold Must Hold Critical Support Near $1850 European Equities: A Week in Review \x96 20/11/20 The Crypto Daily \x96 Movers and Shakers \x96 November 22nd, 2020', 'Bitcoin rallied by 15.20% in the week ending 22ndNovember. Following a 3.00% gain from the week prior, Bitcoin ended the week at $18,392.0.\nIt was a bullish week. Bitcoin rallied from a Monday intraweek low $15,874.0 to a Saturday intraweek high and a new swing hi $18,945.0.\nThe rally saw Bitcoin break through the first major resistance level at $16,684 and the second major resistance level at $17,402.\nComing up against resistance at $19,000, however, Bitcoin fell back on Sunday to end the week at sub-$18,500 levels.\n5 days in the green that included a 5.72% rally on Tuesday and a 4.73% gain on Friday delivered the upside for the week.\nBitcoin would need to avoid a fall through $17,737 pivot to support a run at the first major resistance level at $19,600.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $18,945.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Bitcoin could test the second major resistance level at $20,808.\nFailure to avoid a fall through the $17,737 pivot would bring the first major support level at $16,529 into play.\nBarring an extended sell-off, however, Bitcoin should steer clear of sub-$16,000 support levels. The second major support level sits at $14,666.\nAt the time of writing, Bitcoin was down by 0.95% to $18,217.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,498.0 before falling to a low $18,003.0\nBitcoin left the major support and resistance levels untested at the start of the week.\nRipple’s XRP surged by 60.90% in the week ending 22ndNovember. Following on from a 6.29% rally from the previous week, Ripple’s XRP ended the week at $0.44669.\nIt was also a bullish week. Ripple’s XRP rallied from a Monday intraweek low $0.26767 to a Sunday intraweek high $0.4980.\nRipple’s XRP broke through the week’s major resistance levels. More significantly, however, Ripple’s XRP broke through the 23.6% FIB of $0.3134 and the 38.2% FIB of $0.4392.\nThe bearish end to the week saw Ripple’s XRP fall back to $0.40 levels before wrapping up the week at $0.44 levels.\n5-days in the green that included a 39.95% jump on Saturday delivered the upside for the week.\nRipple’s XRP would need to avoid a fall through 38.2% FIB and the $0.4041 pivot level to support a run at the first major resistance level at $0.5406.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from last week’s high $0.4980.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Ripple’s XRP could test the second major resistance level at $0.6345 before any pullback.\nFailure to avoid a fall through the 38.2% FIB and the $0.4041 pivot would bring the 23.6% FIB of 0.3134 and the first major support level at $0.3102 into play.\nBarring an extended crypto market sell-off, however, Ripple’s XRP should steer clear of sub-$0.30 levels, however. The second major support level sits at $0.1738.\nAt the time of writing, Ripple’s XRP was up by 1.29% to $0.45246. A bullish start to the week saw Ripple’s XRP fall to an early Monday morning low $0.43266 before striking a high $0.45485.\nRipple’s XRP left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• U.S Mortgage Rates Hit a 13th Record Low for the Year\n• US Stock Market Overview – Stock Close Mixed; JP Morgan Forecasts Contraction in Q1\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 21st, 2020\n• Gold Forecast – Gold Must Hold Critical Support Near $1850\n• European Equities: A Week in Review – 20/11/20\n• The Crypto Daily – Movers and Shakers – November 22nd, 2020', 'Bitcoin rallied by 15.20% in the week ending 22ndNovember. Following a 3.00% gain from the week prior, Bitcoin ended the week at $18,392.0.\nIt was a bullish week. Bitcoin rallied from a Monday intraweek low $15,874.0 to a Saturday intraweek high and a new swing hi $18,945.0.\nThe rally saw Bitcoin break through the first major resistance level at $16,684 and the second major resistance level at $17,402.\nComing up against resistance at $19,000, however, Bitcoin fell back on Sunday to end the week at sub-$18,500 levels.\n5 days in the green that included a 5.72% rally on Tuesday and a 4.73% gain on Friday delivered the upside for the week.\nBitcoin would need to avoid a fall through $17,737 pivot to support a run at the first major resistance level at $19,600.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $18,945.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Bitcoin could test the second major resistance level at $20,808.\nFailure to avoid a fall through the $17,737 pivot would bring the first major support level at $16,529 into play.\nBarring an extended sell-off, however, Bitcoin should steer clear of sub-$16,000 support levels. The second major support level sits at $14,666.\nAt the time of writing, Bitcoin was down by 0.95% to $18,217.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,498.0 before falling to a low $18,003.0\nBitcoin left the major support and resistance levels untested at the start of the week.\nRipple’s XRP surged by 60.90% in the week ending 22ndNovember. Following on from a 6.29% rally from the previous week, Ripple’s XRP ended the week at $0.44669.\nIt was also a bullish week. Ripple’s XRP rallied from a Monday intraweek low $0.26767 to a Sunday intraweek high $0.4980.\nRipple’s XRP broke through the week’s major resistance levels. More significantly, however, Ripple’s XRP broke through the 23.6% FIB of $0.3134 and the 38.2% FIB of $0.4392.\nThe bearish end to the week saw Ripple’s XRP fall back to $0.40 levels before wrapping up the week at $0.44 levels.\n5-days in the green **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: 2020-11-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $342,254,214,000 - Hash Rate: 128587033.61766332 - Transaction Count: 297840.0 - Unique Addresses: 671932.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s been a busy year, so we’ll forgive you if you’ve forgotten about this one. On July 15th, 2020, Twitter was the target of a widespread, disruptive hacking campaign . More than 100 high-profile accounts — including those of Jeff Bezos, Uber, Apple, Barack Obama, Joe Biden, Elon Musk, Bill Gates and Kanye West — simultaneously tweeted out promises to match Bitcoin donations to a single linked charity, only within a 30-minute window. The charity was fake, and the scam essentially shut down Twitter for a few hours; developers caught it quickly and temporarily removed the ability for all verified accounts to tweet. Still, the hackers made off with an estimated $100,000. The New York Times published an interview with the scammers just a few days after the hack, alleging it was orchestrated by a small group of Discord users in their late teens and early 20s. On July 31st, police in Tampa, Florida, arrested 17-year-old Graham Clark on charges that he was the mastermind behind the scheme. This story is the focus of Friday’s episode of The New York Times Presents , which airs on FX at 10PM ET. “The Teenager Who Hacked Twitter” will also appear on Hulu the following day, via the FX on Hulu hub. The New York Times Presents is a series of standalone documentaries featuring investigative reporting around relevant social issues, and this is the fifth episode of its first season. In Tampa, Clark has pleaded not guilty to 17 counts of communications fraud, 11 counts of fraudulent use of personal information, organized fraud of more than $5,000, and accessing computers without authority. He will be tried as an adult. Two others were charged alongside Clark in a criminal complaint out of California: 19-year-old Mason Sheppard from the United Kingdom, and 22-year-old Nima Fazeli of Orlando, Florida.... - Reddit Posts (Sample): [['u/ThisGuyNeedsABeer', 'Are there crypto mentors? I think I need one.', 39, '2020-11-23 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/', "So, due to some unavoidable circumstances and bad investments etc, I've got next to no retirement. And I'm 50. I keep trying to get into this and I follow this sub, but a lot of the terminologies are alien to me and I don't really know where to start. I plan on investing a little every month and I need to know where to start. I kinda want someone to hold my hand explain the hows and whys, and give me an idea how to differentiate between shitcoins, promising coins, and blue-chip stuff. I have a bittrex account and trade back and forth once in a while. When I see something trending. \n\nI feel like I'm a little late for the show on bitcoin, but wanna get involved.\n\nAre there any reputable teachers, mentors, learning courses etc?", 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/', 'jz77hd', [['u/New_Diet', 25, '2020-11-23 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/gdafbiz/', 'Use Binance Academy. Excellent site to learn just about anything about crypto. \n\nhttps://academy.binance.com/en', 'jz77hd'], ['u/submawho', 10, '2020-11-23 03:06', 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/gdag41s/', "Hey mate, I'm genuinely sorry that you've got no retirement, it's a sucky position to be in. The reality of the situation is everyone is out to make money, and often especially in this space, that means people will use you for their own gain.\n\nI'd offer you a warning: beware of people offering you 'the next best thing'. It sounds cliché, but the best you can do is ask for suggestions from the hivemind and research each one for their value proposition.\n\nA couple of years ago, I made a few threads about the projects I was interested in - [Building a balanced portfolio](https://np.reddit.com/r/CryptoMarkets/comments/7oxw9q/building_a_balanced_portfolio_top_picks_for/). The criteria I invested in were:\n\n* Solid and usable technology\n\n* Clear future use-case\n\n* Transparent researchable team\n\n* Evidence of active GitHub or code or working product\n\n* Token has value within the project (inherently part of the ecosystem)\n\nIn hindsight, I've seen projects with good fundamentals both flourish and die, sometimes the best thing you can do is roll the dice.\n\nInterestingly I did find a thread I made questioning the validity of the one of the biggest exitscam, which my metrics flagged as suspect. [link](https://www.reddit.com/r/CryptoCurrency/comments/79jq1o/i_have_some_concerns_with_confido_ico/). I still use the same metrics today and I find they seem to work quite well, although time will be the real test.\n\nHappy trading and don't trust anyone", 'jz77hd'], ['u/solarslacker', 47, '2020-11-23 03:27', 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/gdaif0z/', 'After this post be extra cautious of any unsolicited direct messages. I had some super elaborate and extremely intricate scammers under the guise of helpful good intent reach out, I lost a little but learned a lot.', 'jz77hd'], ['u/ThisGuyNeedsABeer', 12, '2020-11-23 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/gdaijtr/', "Thanks! I'll definitely be careful. Multiple people have warned me about trusting folks.", 'jz77hd'], ['u/speshalneedsdonky', 17, '2020-11-23 03:51', 'https://www.reddit.com/r/CryptoCurrency/comments/jz77hd/are_there_crypto_mentors_i_think_i_need_one/gdal1vv/', 'Andreas Antonopolous vids on youtube are about the best starting point to understand bitcoin that youre gonna get', 'jz77hd']]], ['u/TempStepDad', 'Is this website legit?', 11, '2020-11-23 01:42', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/', "[https://www.raniersec.com/](https://www.raniersec.com/)\n\nThey only accept bitcoin and gift card payments and I can't find any online experiences with them. Any here?", 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/', 'jz7b3b', [['u/cubbiehersman', 12, '2020-11-23 01:44', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/gda740i/', 'I would say no.', 'jz7b3b'], ['u/Quietriot1999', 27, '2020-11-23 01:57', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/gda8mi5/', 'Thats definitely not safe.', 'jz7b3b'], ['u/HistoricalBridge7', 18, '2020-11-23 02:17', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/gdaathb/', 'That’s a hard no. Do not order no anything', 'jz7b3b'], ['u/WhiskyTequilaFinance', 11, '2020-11-23 02:29', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/gdac66h/', 'Nope, nope and nope.', 'jz7b3b'], ['u/WhiskyTequilaFinance', 13, '2020-11-23 02:35', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/gdactuu/', "Had to dig up the link, it's one of an entire collection of scam sites all running the same basic MO.\n https://www.stop419scams.com/viewtopic.php?t=10814", 'jz7b3b'], ['u/minhthemaster', 11, '2020-11-23 06:44', 'https://www.reddit.com/r/ILGuns/comments/jz7b3b/is_this_website_legit/gdb198b/', "> They only accept bitcoin and gift card payments\n\nFor future reference for OP and the less technologically inclined... any vendor that doesn't accept credit cards (and the protections credit cards provide) is a scam", 'jz7b3b']]], ['u/IceLeopardTea', 'How do I program a terminal?', 17, '2020-11-23 02:53', 'https://www.reddit.com/r/roguelikedev/comments/jz8gn9/how_do_i_program_a_terminal/', "What I want to know is: how do libraries like BearLibTerminal, libtcod's console etc create a separate window on your screen and draw to it? I have no idea right now about how these work. Should I try and read the source codes? Eventually I would like to write something similar to use, but how much work would this entail? Is a very low-level sort of knowledge required? \n\nFor context: I'm currently working through the RLTK roguelike tutorial in Rust, and learning Rust along the way. I also have some experience in Python (University module). I'm planning to finish the tutorial first, and gain more experience by writing a smaller project first, before attempting to replicate terminal libraries. I'd appreciate answers to any of my questions, even if you can't answer all of them (I know I've asked a lot of them). Also feel free to correct me on any mistakes I may have made, I feel that I don't really know what I am talking about, and may have used the wrong terms. Thanks for reading!", 'https://www.reddit.com/r/roguelikedev/comments/jz8gn9/how_do_i_program_a_terminal/', 'jz8gn9', [['u/grendrake', 12, '2020-11-23 03:06', 'https://www.reddit.com/r/roguelikedev/comments/jz8gn9/how_do_i_program_a_terminal/gdag5lz/', "BearLibTerminal use OpenGL to draw text characters as though they were graphical sprites and libtcod uses SDL2 to do the same. Neither is actually creating a terminal, just drawing graphics in a way that looks like it. Doing this yourself is fairly simple (if a bit tedious) as long as you understand the graphics library you're using.\n\nActually manipulating a terminal tends to be more complex and annoying to deal with, especially if you want to do it in a cross-platform manner.", 'jz8gn9']]], ['u/dark_loaf', 'PayPal and Square and “strong hands”', 23, '2020-11-23 03:31', 'https://www.reddit.com/r/Bitcoin/comments/jz924s/paypal_and_square_and_strong_hands/', 'Seems that PayPal and Square are buying up large portions of the newly issued bitcoins. Fine. I don’t see this as them being strong hands in the game (except for the bitcoins they use as their treasury reserves.) I may be wrong but these companies are mostly just buying bitcoin to move them to the next person, who may or may not be the hodl type. More people in the game is good, but I’d be curious to know how many of these bitcoins find their way to cold storage. I wonder if the earnings reports of PayPal and Square would give some hint of the success of selling bitcoin.\n\nThe Greyscale bitcoin trust, otoh, that seems to me to be strong hands.', 'https://www.reddit.com/r/Bitcoin/comments/jz924s/paypal_and_square_and_strong_hands/', 'jz924s', [['u/Hackleberryhound', 10, '2020-11-23 04:52', 'https://www.reddit.com/r/Bitcoin/comments/jz924s/paypal_and_square_and_strong_hands/gdar9rm/', 'Well, these “fake versions of bitcoin” have a very real effect on “your” bitcoins.', 'jz924s']]], ['u/ejr204', 'E-transfers rejected by my financial institution, how do I get my CAD to Shakepay if my credit union refuses to complete e-transfers?', 25, '2020-11-23 04:11', 'https://www.reddit.com/r/BitcoinCA/comments/jz9ol1/etransfers_rejected_by_my_financial_institution/', 'Tried sending an etransfer to my newly set up Shakepay account a month ago but my financial institution (credit union) blocked it and called me personally to tell me \'they don\'t support etransfers to cryptocurrency platforms because it\'s a high risk investment". Told them I\'ve made other high risk investments that they didn\'t seem to have an opinion on, and frankly what I do with my money is my business. Left me with a warning to not do it again, so of course I tried again a week later and managed to sneak a payment into Shakepay without getting blocked. But because of that successful transfer my credit union called again and threatened to shut down my etransfers permanently if I try again. Super frustrated as I want to DCA into BTC, how do I get my CAD to Shakepay if my credit union keeps shutting it down? Can they do that?', 'https://www.reddit.com/r/BitcoinCA/comments/jz9ol1/etransfers_rejected_by_my_financial_institution/', 'jz9ol1', [['u/Fiach_Dubh', 23, '2020-11-23 04:13', 'http... 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:** ['San Francisco-basedRipple Labs Inc.’snative ecosystem cryptocurrency XRP has added 132.88% over a trailing seven-day period at press time.\nWhat Happened:XRP supports Ripple’s blockchain-based payment network for financial institutions. Its surge comes amid overall cryptocurrency market strength.\nNevertheless, XRP has significantly outperformedBitcoin(BTC) and other major digital assets. Bitcoin is up 9.96% over the same period at press time. Ethereum (ETH), the world\'s second-largest cryptocurrency in terms of market capitalization, is up 32.6% in the trailing seven-day period at press time.\nWhat’s Driving The Surge:Joseph Young notes forCointelegraphthat XRP’s surge comes based on three factors, including an increase in unique XRP addresses, Ripple\'s buyback of its cryptocurrency, and reported plans for the launch of a new product.\nRipplereportedrepurchasing XRP worth 45.5 million in the third quarter this year. The company alsofileda trademark with the U.S. Patent and Trademark Office for "Paystring," a product related to receiving and sending remittances, earlier this month.\nPrice Action:XRP traded 47.8% higher at $0.68 at press time early Tuesday.\nPhoto courtesy of Ripple\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Bitcoin Storms Past ,000\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'San Francisco-based Ripple Labs Inc.\x92s native ecosystem cryptocurrency XRP has added 132.88% over a trailing seven-day period at press time. What Happened: XRP supports Ripple\x92s blockchain-based payment network for financial institutions. Its surge comes amid overall cryptocurrency market strength. Nevertheless, XRP has significantly outperformed Bitcoin (BTC) and other major digital assets. Bitcoin is up 9.96% over the same period at press time. Ethereum (ETH), the world\'s second-largest cryptocurrency in terms of market capitalization, is up 32.6% in the trailing seven-day period at press time. What\x92s Driving The Surge: Joseph Young notes for Cointelegraph that XRP\x92s surge comes based on three factors, including an increase in unique XRP addresses, Ripple\'s buyback of its cryptocurrency, and reported plans for the launch of a new product. Ripple reported repurchasing XRP worth 45.5 million in the third quarter this year. The company also filed a trademark with the U.S. Patent and Trademark Office for "Paystring," a product related to receiving and sending remittances, earlier this month. Price Action: XRP traded 47.8% higher at $0.68 at press time early Tuesday. Photo courtesy of Ripple See more from Benzinga Click here for options trades from Benzinga Bitcoin Storms Past ,000 © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Gertrude Chavez-Dreyfuss NEW YORK, Nov 24 (Reuters) - Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It\'s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold. Since January, bitcoin has gained 160%, bolstered by strong institutional demand as well as scarcity as payment companies such as Square and Paypal buy it on behalf of customers. Bitcoin is within sight of its all-time peak of just under $20,000 hit in December 2017. It debuted in 2011 at zero and was last trading at $18,415 . Going from $18,000 to $100,000 in one year is not a stretch, Brian Estes, chief investment officer at hedge fund Off the Chain Capital, said. "I have seen bitcoin go up 10X, 20X, 30X in a year. So going up 5X is not a big deal." Estes predicts bitcoin could hit between $100,000 and $288,000 by end-2021, based on a model that utilizes the stock-to-flow ratio measuring the scarcity of commodities like gold. That model, he said, has a 94% correlation with the price of bitcoin. Citi technical analyst Tom Fitzpatrick said in a note last week that bitcoin could climb as high as $318,000 by the end of next year, citing its limited supply, ease of movement across borders, and opaque ownership. Those numbers though are a head-scratcher for Toronto-based Kevin Muir, an independent proprietary trader. "Any hedge fund model on bitcoin is rubbish. You can\'t model a mania," Muir said. "Is it plausible? For sure. It\'s a mania. But does anyone actually have a clue? Not a chance." DEARTH OF SUPPLY Bitcoin relies on so-called "mining" computers that validate blocks of transactions by competing to solve mathematical puzzles every 10 minutes. The first to solve the puzzle and clear the transaction is rewarded new bitcoins. Its technology was designed to cut the reward for miners in half every four years, a move meant to curb inflation. In May, bitcoin went through a third "halving," which reduced the rate at which new coins are created, restricting supply. That halving has kickstarted bitcoin\'s renewed ascent. Square\'s Cash App and PayPal, which recently launched a crypto service to its more than 300 million users, have been scooping up all new bitcoins, hedge fund Pantera Capital said in its letter to investors on Friday. That has caused a bitcoin shortage and has driven the rally in the last few weeks. BIG FUNDS BUYING? The so-called whale index, which counts addresses or wallets holding at least 1,000 bitcoins, is at an all-time high, said Phil Bonello, research director at digital asset manager Grayscale. Bonello said more than 2,200 addresses were linked to large bitcoin holders, up 37% from 1,600 in 2018, suggesting that institutional money has stormed in. Investors like Stanley Druckenmiller, founder of hedge fund Duquesne Capital, and Rick Rieder, BlackRock Inc\'s chief investment officer of global fixed income, have recently touted bitcoin. Retail investors though are still mostly sidelined due to the pandemic\'s effect on the economy. But with the entry of Square and PayPal, Lennard Neo, head of research at crypto index fund provider Stack Funds, expects a deluge of retail demand more intense than in 2017. Neo forecasts bitcoin to reach $60,000-$80,000 by the end of 2021. Tempus Inc currency trader Juan Perez was unimpressed, even shocked, with all the lofty forecasts and said a bet on bitcoin at $100,000 next year would be a bet on the collapse of the global financial system. "Governments around the world won\'t let that happen. They will not let fiat currencies collapse just like that," Perez said. (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Ritvik Carvalho in London; Editing by Alden Bentley and Cynthia Osterman)', 'By Gertrude Chavez-Dreyfuss NEW YORK, Nov 24 (Reuters) - Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It\'s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold. Since January, bitcoin has gained 160%, bolstered by strong institutional demand as well as scarcity as payment companies such as Square and Paypal buy it on behalf of customers. Bitcoin is within sight of its all-time peak of just under $20,000 hit in December 2017. It debuted in 2011 at zero and was last trading at $18,415 . Going from $18,000 to $100,000 in one year is not a stretch, Brian Estes, chief investment officer at hedge fund Off the Chain Capital, said. "I have seen bitcoin go up 10X, 20X, 30X in a year. So going up 5X is not a big deal." Estes predicts bitcoin could hit between $100,000 and $288,000 by end-2021, based on a model that utilizes the stock-to-flow ratio measuring the scarcity of commodities like gold. That model, he said, has a 94% correlation with the price of bitcoin. Citi technical analyst Tom Fitzpatrick said in a note last week that bitcoin could climb as high as $318,000 by the end of next year, citing its limited supply, ease of movement across borders, and opaque ownership. Those numbers though are a head-scratcher for Toronto-based Kevin Muir, an independent proprietary trader. "Any hedge fund model on bitcoin is rubbish. You can\'t model a mania," Muir said. "Is it plausible? For sure. It\'s a mania. But does anyone actually have a clue? Not a chance." DEARTH OF SUPPLY Bitcoin relies on so-called "mining" computers that validate blocks of transactions by competing to solve mathematical puzzles every 10 minutes. The first to solve the puzzle and clear the transaction is rewarded new bitcoins. Its technology was designed to cut the reward for miners in half every four years, a move meant to curb inflation. In May, bitcoin went through a third "halving," which reduced the rate at which new coins are created, restricting supply. That halving has kickstarted bitcoin\'s renewed ascent. Square\'s Cash App and PayPal, which recently launched a crypto service to its more than 300 million users, have been scooping up all new bitcoins, hedge fund Pantera Capital said in its letter to investors on Friday. That has caused a bitcoin shortage and has driven the rally in the last few weeks. BIG FUNDS BUYING? The so-called whale index, which counts addresses or wallets holding at least 1,000 bitcoins, is at an all-time high, said Phil Bonello, research director at digital asset manager Grayscale. Bonello said more than 2,200 addresses were linked to large bitcoin holders, up 37% from 1,600 in 2018, suggesting that institutional money has stormed in. Investors like Stanley Druckenmiller, founder of hedge fund Duquesne Capital, and Rick Rieder, BlackRock Inc\'s chief investment officer of global fixed income, have recently touted bitcoin. Retail investors though are still mostly sidelined due to the pandemic\'s effect on the economy. But with the entry of Square and PayPal, Lennard Neo, head of research at crypto index fund provider Stack Funds, expects a delug **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: 2020-11-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $342,254,214,000 - Hash Rate: 118964874.63947085 - Transaction Count: 333293.0 - Unique Addresses: 756417.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin showed resilience on U.S. Election Day, gaining 3.35% over a 24-hour trading period late Tuesday. What Happened: The apex cryptocurrency traded well above the $13,500 mark as early results from the polls began to emerge at press time. Most altcoins didn't follow Bitcoin’s lead and traded in the red with Ethereum (ETH), Bitcoin Cash (BCH), and Chainlink (LINK) down by 0.23%, 5.86%, and 3.56% respectively. An outlier was XRP, which gained 0.95%. “Bitcoin price will be sensitive to the outcome of U.S. elections [on Tuesday],” Stacks Funds co-founder Matthew Dibb told CoinDesk. Why It Matters: The short-term volatility in Bitcoin is likely the outcome of fears that the U.S. elections may be contested leading to political and economic uncertainty, noted CoinDesk. Bitcoin ran up 28% in October, its biggest monthly gain since April, as per CoinMarketCap data. The cryptocurrency’s upward movement has been bolstered by the news cycle. On Monday, PayPal Holdings, Inc (NASDAQ: PYPL ) CEO Daniel Schulman said the company would bring cryptocurrency transactions to its Venmo app and international users in the first half of next year. Jack Dorsey-lead Square Inc (NASDAQ: SQ ) announced a million investment in Bitcoin in early October. Bitcoin is once again hovering near the $14,000 mark it touched over the weekend. Price Action: At press time, Bitcoin traded 2% higher at 13,820.41, Ethereum traded 0.23% lower at $382.98, Ripple traded 0.95% higher at $0.24. Bitcoin Cash and Chainlink traded 5.86% and 3.56% lower at $242.38 and $10.25 respectively. See more from Benzinga Click here for options trades from Benzinga Tesla Was A Month Away From Bankruptcy Ahead Of Model 3 Rollout, Says Musk Tesla FSD Beta Is Next Rolling Out In Canada, Norway, Musk Says © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - Bluesky Digital Assets Corp. (CSE: BTC) (CSE: BTC.PR.A) (OTC Pink: BTCWF) ("Bluesky" or the "Corporation") announced today that it is conducting a non-brokered private placement financing with the purpose of raising up to Nine Hundred Thousand Dollars ("$900,000.00") CDN via the issuance of up to Ten Million ("10,000,000") Units at a price of Nine Cents ("$0.09") CDN per Unit. Each Unit will consist of One Common Share (a "Share") in the capital of the Corporation and one Common Share Purchase Warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase one additional Common Share of the Corporation at an exercise price of Fifteen Cents ("$0.15") CDN per Common Share for a period of 36 months from the closing of the financing. All Common Shares issued in connection with this placement will be subject to a four month plus one day hold period under applicable Canadian securities laws.\nThe Corporation also announced today that it had closed the first tranche of the offering. In total, Seven Hundred and Twenty-Three Thousand, Five Hundred Dollars ("$723,500.00") CDN was raised via the sale of Eight Million, Thirty-Eight Thousand, Eight Hundred and Eighty-Eight Units ("8,038,888") Units. Insiders and Directors of the Corporation have subscribed in the Offering for a total of 1,938,888 Units. The Corporation has also issued of 500,000 Stock Options in connection to the closing of the first tranche of the offering. The Stock Options will vest immediately and are exercisable at a price of $0.15 CDN per Stock Option. The Stock Options will expire three years from the date of issuance. The Stock Options were issued to a consultant to the Corporation.\nAll proceeds from the financing will be used for purchasing of additional Digital Asset Mining Equipment with the purpose of expanding the Corporation\'s existing Digital Assets Mining operations.\nThe Corporation further announced that the Corporation failed to achieve the minimum subscription amount of $50,000.00 CDN from its recent Rights Offering and that the Rights Offering has been terminated. As per the terms of the Rights Offering, all Rights have expired and were terminated on November 23rd, 2020 at 5:00 p.m. Eastern / Toronto time. Due to the lack of demand for the Corporation\'s Rights Offering, the Corporation applied for, and received, a price protection of $0.09 CDN from the CSE on November 16th, 2020 which the price protection has been applied to the Corporation\'s current private placement offering. The Corporation also announced today that on November 20th, 2020 that it had repriced certain existing Stock Options totaling 641,667 Stock Options. The repriced Stock Options have been set to $0.15 CDN per Stock Option. On November 20th,2020 the Corporation also granted certain Directors and Officers of the Corporation 900,000 Stock Options at a price of $0.15 per Stock Option. The Stock Options vest immediately and expire 36 months after the issuance date.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information, please visitwww.blueskydigitalassets.com.\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\nTHIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/68907', 'Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - Bluesky Digital Assets Corp. (CSE: BTC) (CSE: BTC.PR.A) (OTC Pink: BTCWF) ("Bluesky" or the "Corporation") announced today that it is conducting a non-brokered private placement financing with the purpose of raising up to Nine Hundred Thousand Dollars ("$900,000.00") CDN via the issuance of up to Ten Million ("10,000,000") Units at a price of Nine Cents ("$0.09") CDN per Unit. Each Unit will consist of One Common Share (a "Share") in the capital of the Corporation and one Common Share Purchase Warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase one additional Common Share of the Corporation at an exercise price of Fifteen Cents ("$0.15") CDN per Common Share for a period of 36 months from the closing of the financing. All Common Shares issued in connection with this placement will be subject to a four month plus one day hold period under applicable Canadian securities laws. The Corporation also announced today that it had closed the first tranche of the offering. In total, Seven Hundred and Twenty-Three Thousand, Five Hundred Dollars ("$723,500.00") CDN was raised via the sale of Eight Million, Thirty-Eight Thousand, Eight Hundred and Eighty-Eight Units ("8,038,888") Units. Insiders and Directors of the Corporation have subscribed in the Offering for a total of 1,938,888 Units. The Corporation has also issued of 500,000 Stock Options in connection to the closing of the first tranche of the offering. The Stock Options will vest immediately and are exercisable at a price of $0.15 CDN per Stock Option. The Stock Options will expire three years from the date of issuance. The Stock Options were issued to a consultant to the Corporation. All proceeds from the financing will be used for purchasing of additional Digital Asset Mining Equipment with the purpose of expanding the Corporation\'s existing Digital Assets Mining operations. Story continues The Corporation further announced that the Corporation failed to achieve the minimum subscription amount of $50,000.00 CDN from its recent Rights Offering and that the Rights Offering has been terminated. As per the terms of the Rights Offering, all Rights have expired and were terminated on November 23 rd , 2020 at 5:00 p.m. Eastern / Toronto time. Due to the lack of demand for the Corporation\'s Rights Offering, the Corporation applied for, and received, a price protection of $0.09 CDN from the CSE on November 16 th , 2020 which the price protection has been applied to the Corporation\'s current private placement offering. The Corporation also announced today that on November 20 th , 2020 that it had repriced certain existing Stock Options totaling 641,667 Stock Options. The repriced Stock Options have been set to $0.15 CDN per Stock Option. On November 20 th ,2020 the Corporation also granted certain Directors and Officers of the Corporation 900,000 Stock Options at a price of $0.15 per Stock Option. The Stock Options vest immediately and expire 36 months after the issuance date. About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information, please visit www.blueskydigitalassets.com . For further information please contact: Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp. T: (416) 363-3833 E: [email protected] Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Forward-Looking Statements Information set forth in this news re **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: 2020-11-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $342,254,214,000 - Hash Rate: 135584967.41998515 - Transaction Count: 361990.0 - Unique Addresses: 812699.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ripple’s XRP token moves into the typically low-volume weekend on the back of a week that has seen it plummet by 11.21% to the $0.235 level. The lack of bullish momentum will be a major cause for concern for XRP investors, especially following Bitcoin’s rally above $13,000 this week. For the time being, XRP remains trapped in a relatively tight trading range with the $0.225 level of support propping up price since early September. Despite showing signs of a break out above the $0.26 level of resistance on October 22, XRP was dealt a swift rejection for the fourth time in five weeks. Much of its trajectory over the coming months will depend on if Bitcoin can break 2019’s high of $14,000 and go on to set a new all-time high, as profits would eventually get liquidated into more speculative assets like XRP. This was what happened during the ICO bubble and subsequent bull market in 2017, with Bitcoin clearly leading the way only for altcoins to surge when BTC consolidated. However, according to Google search trends, the lack of retail interest in the cryptocurrency market today compared to 2017 indicates that institutional investment is behind the recent rally. The Ripple Foundation currently facilitates a number of OTC token sales of the XRP token to institutions, with CEO Brad Garlinghouse stating that token sales “are vital” to the company’s survival. For more news, guides and cryptocurrency analysis, click here . Latest Ripple price Current live XRP price information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Ripple price. Pricing is also available in a range of different currency equivalents: US Dollar – XRPtoUSD British Pound Sterling – XRPtoGBP Japanese Yen – XRPtoJPY Euro – XRPtoEUR Australian Dollar – XRPtoAUD Russian Rouble – XRPtoRUB Bitcoin – XRPtoBTC About Ripple (XRP) Ripple is a real-time gross settlement system (RTGS) developed by the Ripple company. It is also referred to as the Ripple Transaction Protocol (RTXP) or Ripple protocol. It can trace its roots to 2004 when a web developer called Ryan Fugger had the idea to create a monetary system that was decentralised and could effectively allow individuals to create their own money. Story continues Ripple is one of the largest cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalisation. More Ripple news and information If you want to find out more information about Ripple or cryptocurrencies in general, then use the search box at the top of this page. Here’s a recent article to get you started: https://coinrivet.com/ripple-ceo-brad-garlinghouse-hits-back-at-critics-xrp-is-not-a-security/ As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.... - Reddit Posts (Sample): [['u/yukeiw', 'Reminder to be nice to the new wave of newbies', 423, '2020-11-25 00:01', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/', "With the current price closing in on the ATH. I would expect a new wave of people coming in to this subreddit.\n\nLots of 'dumb' questions will be asked. Lots of people will come here for FOMO. Some questions are real, while others are just trolls. There will be confusion between BTC and BCH for the new guys given the names of it's websites and subreddits etc.\n\nLet's remember to be nice and steer these guys in the right direction and welcome these new wave of people.", 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/', 'k0fwh1', [['u/Raverrevolution', 36, '2020-11-25 00:20', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdhw2rq/', 'Is this a good time to buy???? 🤣', 'k0fwh1'], ['u/TheGreatMuffin', 26, '2020-11-25 00:25', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdhwn5i/', 'Also remember, you don\'t need to reply anything if a question makes you annoyed or angry* :) It\'s fine to let it go and let other people step in and answer it. \n\n\\* even though I 100% understand the annoyance of seeing the question "is it the right time to buy" for the hundred time. \n\nOtherwise it oftentimes is already helpful to direct people to our [FAQ](https://old.reddit.com/r/Bitcoin/comments/i19uta/bitcoin_newcomers_faq_please_read/) or to r/bitcoinbeginners or to a site like https://www.lopp.net/bitcoin-information.html. It\'s not always easy for a beginner to figure out what/where the good information is, because there is so much noise or outright scams out there. \n\nAlso, explaining things in beginner\'s terms is a great way to improve one\'s understanding as well (if one has the patience and desire to do so, of course).', 'k0fwh1'], ['u/throwaway2922222', 60, '2020-11-25 01:46', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdi5o0j/', "What grinds my gears (totally opinion) is everyone saying we're on the moon.\n\nThe euphoria I felt the first time btc hit 20k isn't here yet, that moon feeling isn't here yet.", 'k0fwh1'], ['u/584_Bilbo', 28, '2020-11-25 02:09', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdi87b7/', "50k is moon now. If we overshoot and make it to Mars (100k+) I'm cool with that. The ride is gonna be a fun one!", 'k0fwh1'], ['u/sevans425', 27, '2020-11-25 02:19', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdi9999/', 'No matter when you ask, the answer is yes.', 'k0fwh1'], ['u/[deleted]', 14, '2020-11-25 02:23', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdi9oqp/', 'Should I sell my house and buy bitcoin?', 'k0fwh1'], ['u/rbhmmx', 42, '2020-11-25 02:29', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdiad8q/', 'Id say moon for me is 250k', 'k0fwh1'], ['u/[deleted]', 22, '2020-11-25 02:45', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdic242/', '"Is it true you only need one kidney?"', 'k0fwh1'], ['u/bearCatBird', 11, '2020-11-25 05:00', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdiqd6u/', 'Moon for me is when I have enough to actually visit the moon.', 'k0fwh1'], ['u/BitcoinFan7', 27, '2020-11-25 06:12', 'https://www.reddit.com/r/Bitcoin/comments/k0fwh1/reminder_to_be_nice_to_the_new_wave_of_newbies/gdix64t/', '$1M or bust', 'k0fwh1']]], ['u/[deleted]', 'What’s the real reason Bitcoin is going up so much?', 162, '2020-11-25 00:06', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/', 'What’s the actual reason Bitcoin is skyrocketing??', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/', 'k0fzvz', [['u/TbreaksAnonymous', 24, '2020-11-25 01:02', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi0shh/', "It hasn't anything to do with darkweb activities. Darkweb activities account for an insignificant amount of crypto transactions.", 'k0fzvz'], ['u/Dan-Targaryen', 18, '2020-11-25 01:14', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi260g/', 'Could be with bidens appointment and promise to heavily tax the rich they’re hiding their wealth in crypto?', 'k0fzvz'], ['u/conclusify', 85, '2020-11-25 01:24', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi36qu/', 'believe the usd is going down relative to other fiat currencies making bitcoin comparative to usd go up. also when it goes up the hype gets behind it and people buy. which makes it go up more. thank you idiots for throwing in at the all time peak', 'k0fzvz'], ['u/AbsoluteRichard', 91, '2020-11-25 01:37', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi4pwx/', 'Bro it only gets bigger. My mates said something similar when they were worth 800 a coin in 2016 an i put every cent id saved into them. And they cashed out. Im set for a very long time now.', 'k0fzvz'], ['u/MillionDollarOctopus', 69, '2020-11-25 01:39', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi4wwc/', 'Paypal', 'k0fzvz'], ['u/conclusify', 45, '2020-11-25 01:43', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi5bg9/', 'love that for you', 'k0fzvz'], ['u/Mrk0k0', 31, '2020-11-25 01:50', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi61s1/', 'Every 4 years Bitcoin does a thing called "halving" and historically it raises the price exponentially.\n\n[https://www.bitcoinblockhalf.com/](https://www.bitcoinblockhalf.com/)', 'k0fzvz'], ['u/Foolish_ness', 27, '2020-11-25 01:55', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi6o1z/', "And you think the halving in May is why it's spiking now? \n \nNot because PayPal have started accepting it and are also buying a shit ton of BTC?", 'k0fzvz'], ['u/FOURZ3RO4', 28, '2020-11-25 02:00', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi75hp/', 'PayPal has bought 70% of newly issued bitcoin, while Square is estimated to be buying about 30%.\n\nEdit: fat fingered 30%', 'k0fzvz'], ['u/hoods-up', 15, '2020-11-25 02:05', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdi7s2k/', 'The halving usually starts a bullish trend for a good 8 months.\n\nThis combined with Paypal & manyyy corporates spending billions on btc.\n\nAs well as some technical analysis indicators signalling to buy after pushing above key resistance levels', 'k0fzvz'], ['u/NuttrButtr6556', 195, '2020-11-25 02:28', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdia9ib/', 'Elon Musk discovered the DW and is now supplying his workers with speed', 'k0fzvz'], ['u/LiveLongAndFI', 66, '2020-11-25 02:31', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdiakly/', 'Oregon decriminalized drugs obviously :)', 'k0fzvz'], ['u/Romansolja', 13, '2020-11-25 02:32', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdianix/', 'This^', 'k0fzvz'], ['u/badmanleigh', 19, '2020-11-25 02:35', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdib1if/', 'Pffft Hahahahaaa 😂', 'k0fzvz'], ['u/BTCLSD', 46, '2020-11-25 03:14', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdifb96/', "It's a lot bigger than that", 'k0fzvz'], ['u/k-mac23', 29, '2020-11-25 03:16', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdifij9/', 'Yea I remember back in 2012 when it was still like 10$ a coin and remember when everyone freaked out when it hit 100. My dumb ass didn’t ever hold any and kept spending it', 'k0fzvz'], ['u/AlwaysDankrupt', 19, '2020-11-25 03:30', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdigza3/', 'Ive calculated how much my btc would be worth if I never spent it back when it was <$10 - it was ~$300m. Fml', 'k0fzvz'], ['u/AbsoluteRichard', 12, '2020-11-25 03:43', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdiidr3/', "Not selling them every time they hit a new high was probably one of the hardest things I have ever done. I got them as a pretty poor 18 year old kid with no financial knowledge and they could have solved so many problems at the time. Wish I'd been a bit older in 2012 tho :/", 'k0fzvz'], ['u/NIGHT_OF_KNIGHTS', 29, '2020-11-25 04:09', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdil47n/', 'My $200 btc just turned into $350 in a short period of time. Thinking of putting $10k in and seeing what happens (I have $15k to my name atm)', 'k0fzvz'], ['u/DocHoliday79', 51, '2020-11-25 06:03', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdiwb2l/', 'r/wallstreetbets wants you!', 'k0fzvz'], ['u/slightlydampsock', 14, '2020-11-25 07:27', 'https://www.reddit.com/r/darknet/comments/k0fzvz/whats_the_real_reason_bitcoin_is_going_up_so_much/gdj3ei2/', ... 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:** ['Andreessen Horowitz has published a report studying the way crypto prices have\xa0evolved. What Happened: The Melo Park\xa0venture capital firm released a report about cryptocurrency prices development on Nov. 24. It outlines three “cycles” the crypto industry already had –– “periods of high activity” in 2011, 2013, and 2017, followed by the so-called “crypto winters.” The first cycle took place in 2009-2012, according to a16z, with Bitcoin reaching $30 in June 2011, for the first time in history. The second cycle happened in 2012-2016, with its peak in 2013, which the report describes as “probably the first time most people outside of tech heard about Bitcoin.” During this time, a lot of startups were founded, and the ecosystem started developing. The Bitcoin price briefly touched the $1,100 mark in December 2013. 2016-2019\xa0is the time where the industry started gaining mainstream attraction, peaking in December 2017, when the price of Bitcoin reached $20,000. The\xa0third cycle is also characterized by “x10” growth in the number of developers coming into space and companies founded. Why It Matters: Crypto prices have always been perceived as volatile and hardly systematic, and Andreessen Horowitz has attempted to provide “an underlying order.” A16z believes the the digital currency space is in "fourth major phase" at the moment. The venture capital veteran has bet\xa0on the crypto space with investments in companies like Coinbase , the biggest US crypto exchange, Facebook’s Libra , and a decentralized credit platform MakerDAO. It formed its own crypto fund in 2018, according to TechCrunch. In April, it raised $515 million for its second crypto-focused fund, surpassing the initial goal of $450 million, Fortune magazine has reported. In November 2019, the fund launched a free Crypto Startup School. Story continues Price Action: Bitcoin traded at $18,762\xa0at press time, losing 1.81% over 24 hours. See more from Benzinga Click here for options trades from Benzinga Bitcoin Price Holds Strong, Ethereum Reaches 0: Crypto Markets Brief VanEck Report Says Bitcoin Less Volatile Than Many Stocks © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Andreessen Horowitz has published a report studying the way crypto prices have\xa0evolved. What Happened: The Melo Park\xa0venture capital firm released a report about cryptocurrency prices development on Nov. 24. It outlines three “cycles” the crypto industry already had –– “periods of high activity” in 2011, 2013, and 2017, followed by the so-called “crypto winters.” The first cycle took place in 2009-2012, according to a16z, with Bitcoin reaching $30 in June 2011, for the first time in history. The second cycle happened in 2012-2016, with its peak in 2013, which the report describes as “probably the first time most people outside of tech heard about Bitcoin.” During this time, a lot of startups were founded, and the ecosystem started developing. The Bitcoin price briefly touched the $1,100 mark in December 2013. 2016-2019\xa0is the time where the industry started gaining mainstream attraction, peaking in December 2017, when the price of Bitcoin reached $20,000. The\xa0third cycle is also characterized by “x10” growth in the number of developers coming into space and companies founded. Why It Matters: Crypto prices have always been perceived as volatile and hardly systematic, and Andreessen Horowitz has attempted to provide “an underlying order.” A16z believes the the digital currency space is in "fourth major phase" at the moment. The venture capital veteran has bet\xa0on the crypto space with investments in companies like Coinbase , the biggest US crypto exchange, Facebook’s Libra , and a decentralized credit platform MakerDAO. It formed its own crypto fund in 2018, according to TechCrunch. In April, it raised $515 million for its second crypto-focused fund, surpassing the initial goal of $450 million, Fortune magazine has reported. In November 2019, the fund launched a free Crypto Startup School. Story continues Price Action: Bitcoin traded at $18,762\xa0at press time, losing 1.81% over 24 hours. See more from Benzinga Click here for options trades from Benzinga Bitcoin Price Holds Strong, Ethereum Reaches 0: Crypto Markets Brief VanEck Report Says Bitcoin Less Volatile Than Many Stocks © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'HONG KONG/ TOKYO (Reuters) - Bitcoin hiccoughed in Asian trading on Thursday to at one point stand more than 6% down on the day after failing to make record highs. Bitcoin, the world\'s biggest and best-known crypto-currency, was last trading around $17,700, having lost more than $1,000 since its previous close. "With very high volumes on spot but also on leveraged markets, it\'s not surprising that after failing to hit the all-time highs, there would be this sort of rapid correction," said Justin d\x92Anethan sales manager at digital asset company Diginex. "While a quick visit in the upper or mid-16,000s is possible, we\'re still trending up and with plenty of upside potential," he added This year, bitcoin has risen 358.6% from the year\'s low of $3,850 on March 13, but has not yet breached the $19,666 hit in December 2017. Analysts say that this latest rally differs from 2017\'s as there are proportionally fewer retail investors and more institutions such as hedge funds and family offices trading cryptocurrencies. (Reporting by Alun John in Hong Kong and the Tokyo Markets team; Editing by Clarence Fernandez & Simon Cameron-Moore)', 'HONG KONG/ TOKYO (Reuters) - Bitcoin hiccoughed in Asian trading on Thursday to at one point stand more than 6% down on the day after failing to make record highs.\nBitcoin, the world\'s biggest and best-known crypto-currency, was last trading around $17,700, having lost more than $1,000 since its previous close.\n"With very high volumes on spot but also on leveraged markets, it\'s not surprising that after failing to hit the all-time highs, there would be this sort of rapid correction," said Justin d’Anethan sales manager at digital asset company Diginex.\n"While a quick visit in the upper or mid-16,000s is possible, we\'re still trending up and with plenty of upside potential," he added\nThis year, bitcoin has risen 358.6% from the year\'s low of $3,850 on March 13, but has not yet breached the $19,666 hit in December 2017.\nAnalysts say that this latest rally differs from 2017\'s as there are proportionally fewer retail investors and more institutions such as hedge funds and family offices trading cryptocurrencies.\n(Reporting by Alun John in Hong Kong and the Tokyo Markets team; Editing by Clarence Fernandez & Simon Cameron-Moore)', 'HONG KONG/ TOKYO (Reuters) - Bitcoin hiccoughed in Asian trading on Thursday to at one point stand more than 6% down on the day after failing to make record highs.\nBitcoin, the world\'s biggest and best-known crypto-currency, was last trading around $17,700, having lost more than $1,000 since its previous close.\n"With very high volumes on spot but also on leveraged markets, it\'s not surprising that after failing to hit the all-time highs, there would be this sort of rapid correction," said Justin d’Anethan sales manager at digital asset company Diginex.\n"While a quick visit in the upper or mid-16,000s is possible, we\'re still trending up and with plenty of upside potential," he added\nThis year, bitcoin has risen 358.6% from the year\'s low of $3,850 on March 13, but has not yet breached the $19,666 hit in December 2017.\nAnalysts say that this latest rally differs from 2017\'s as there are proportionally fewer retail investors and more institutions such as hedge funds and family offices trading cryptocurrencies.\n(Reporting by Alun John in Hong Kong and the Tokyo Markets team; Editing by Clarence Fernandez & Simon Cameron-Moore)', 'By Tom Wilson LONDON (Reuters) - Bitcoin plunged on Thursday to its lowest level in 10 days, slamming the brakes on its blistering rally and sparking a sell-off among smaller digital coins. Bitcoin, the world\'s biggest cryptocurrency, slumped as much as 13% to its lowest since Nov. 16. It was last down 9% at $17,074, a sharp correction from its three-year high of $19,521 hit on Wednesday. It has rallied around 140% this year to just shy of its all-time high of $19,666, fuelled by demand for riskier assets, a perception it is resistant to inflation, and expectations cryptocurrencies will win mainstream acceptance. The second-largest cryptocurrency, ethereum, dropped around 13% and XRP, the third-biggest, slid over 20%. Both coins, which tend to move in tandem with bitcoin, hit multi-year highs earlier this week. Bitcoin\'s 12-year history has been peppered with vertiginous gains and equally sharp drops. It volatility has hampered use for payments and made many larger investors wary. Backers hoped than in 2020 a more mature market and fewer retail investors have lowered the chances of the kind of crash that followed its 2017 bubble. Graphic: Bitcoin rally stutters - https://fingfx.thomsonreuters.com/gfx/mkt/jbyvredampe/bitcoin.PNG Traders cited for the drop the unwinding of highly leveraged positions built up as bitcoin approached its record, as well as tweets by the CEO of major cryptocurrency exchange Coinbase expressing concern at rumours of a regulatory crackdown. "There\'s definitely been a sense of euphoria in markets over the last couple of days," said Joseph Edwards of crypto brokerage Enigma Securities. "This mostly feels like a reaction to that - over-leveraged markets took one small hit and suffered immensely." A functioning cryptocurrency derivatives market has developed since 2017, with offshore exchanges offering highly leveraged positions. In times of thin liquidity, moves in such markets can have an outsize effect on bitcoin\'s price. Story continues Others cited worries surrounding speculation from market players of tighter U.S. regulation of **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: 2020-11-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $316,004,244,150 - Hash Rate: 131211258.793534 - Transaction Count: 323975.0 - Unique Addresses: 736612.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today . For more than three hours on Wednesday, Democrat and Republican senators took jabs at Facebook , Twitter , and Google , saying that they disseminate misinformation, spark violence, and suppress conservative voices. The Senate Committee on Commerce, Science, and Transportation explored whether Section 230, a law that protects Internet companies from being held liable for what users post, gives Big Tech companies too much immunity. Lawmakers from both parties agree that the law should be changed or even revoked, though they differ about why. Democrats repeatedly criticized the companies for failing to remove harmful information on their services. Meanwhile, Republicans hammered the companies for allegedly suppressing conservative views and influencing elections. “You think that people don’t trust you,” said Sen. Ron Johnson, a Republican from Wisconsin. “I agree with that. We don’t trust you.” Facebook CEO Mark Zuckerberg, Alphabet CEO Sundar Pichai, and Twitter CEO Jack Dorsey spent the hearing trying to defend themselves from the attacks. Time and again, they said they’re at war against harmful content, that they are politically neutral, and that they’re working to safeguard the presidential election. Here are the highlights from the hearing: Heated exchanges The hearing was marked by intense exchanges between lawmakers expressing their frustration and executives trying to be as inoffensive as possible. Sen. Cory Gardner, a Colorado Republican, took Dorsey to task for allowing Iran’s Ayatollah Ali Khamenei tweets questioning the Holocaust to remain untouched on Twitter while the service routinely flags President Trump’s tweets. Republican Texas Sen. Ted Cruz criticized Twitter for blocking a New York Post article that suggested Biden had ties to corruption in the Ukraine while allowing a New York Times story about Trump’s taxes to remain. One day after the Post article about Biden was published, Twitter reversed its stance on blocking it. But Cruz also asked Dorsey point-blank whether Twitter has the ability to influence elections. Story continues Dorsey responded by saying, “No, we are one part of a spectrum of communication channels people have.” Cruz snapped back, “Mr. Dorsey, I find your opening answers absurd on their face.” Democratic Sen. Amy Klobuchar, from Minnesota, said she was concerned about Google’s “defiant” response to the Justice Department’s antitrust lawsuit against it. She also questioned Zuckerberg about Facebook’s alleged interest in pushing divisive content to users because it provokes them to spend more time on the platform. Zuckerberg disagreed with Klobuchar’s characterization, saying Facebook shows users content that it thinks will be meaningful to them like “when your cousin had her baby.” Klobuchar stopped Zuckerberg mid-sentence, saying she’s not talking about cousins and babies but rather the “corrosive” content like conspiracy theories. Beyond Section 230 Though the hearing was supposed to focus on Section 230, senators often veered off topic to discuss other issues including data privacy, antitrust, and political ads. The CEOs of Twitter, Google, and Facebook all said they continue to see foreign and domestic actors trying to interfere with the U.S. election, contrary to President Trump’s minimizing or dismissing the problem. The CEOs added that they have coordinated with the rest of the tech industry and law enforcement to identify and remove such posts. “One of the threats the FBI has alerted our companies and the public to was the possibility of a hack-and-leak operation in the days or weeks leading up to this election,” Zuckerberg said. “That if a trove of documents appeared, that we should view that with suspicion that it might be part of a foreign manipulation attempt.” Tech troubles The virtual hearing about the tech industry ended up being marred by tech hiccups. Even the tech CEO had troubles. Zuckerberg went AWOL from the opening statements because of a technical snafu that ended up delaying the hearing for a few minutes while the CEO tried to fix the problem. After Zuckerberg appeared, and explained he had trouble connecting, Sen. Roger Wicker, the Republican chairman of the committee, joked, “I know the feeling, Mr. Zuckerberg.” Later, Democratic Sen. Richard Blumenthal’s audio was muted halfway through a sentence. Wicker alerted Blumenthal to the issue, and the hearing briefly paused until he was unmuted. Low moments Some lawmakers used the hearing to go off in odd tangents. For example, Republican Sen. Marsha Blackburn of Tennessee asked Pichai if Google still employed software engineer Blake Lemoine. In leaked internal emails, the Google employee likened Blackburn to a “terrorist” and a “violent thug” in her approach to certain political issues. “He has had very unkind things to say about me,” said Blackburn, implying that he should be fired and later suggesting that Internet companies unfairly censor conservative voices. In another odd moment, Sen. Johnson became frustrated with Dorsey because Twitter did not remove a tweet that contained a lie about Johnson strangling his neighbor’s dog. The author admitted in the tweet that the dog strangling was false, likely to show how misinformation can be spread. “That could definitely impact my ability to get reelected,” he complained in complete seriousness about the tweet. More must-read tech coverage from Fortune : The best smartwatches of 2020 Microsoft’s cloud could be a bit foggy for the next quarter Uber’s former CTO is mapping out growth and delivery routes in his new gig Coinbase launches crypto debit card in U.S. with 1% Bitcoin reward Bitcoin can’t help the unbanked , Mastercard CEO says This story was originally featured on Fortune.com... - Reddit Posts (Sample): [['u/dantounet', 'How would an atomic swap UI look like', 36, '2020-11-26 01:18', 'https://www.reddit.com/r/Monero/comments/k14hug/how_would_an_atomic_swap_ui_look_like/', "Hello!\n\nWe have been working on low fidelity UX prototypes for BTC-XMR atomic swaps. The prototypes are representative of what would be feasible considering the protocol flow.\n\nI hope it helps you understand how the UX could look like. We intend to do more mocks and cover several aspects of the ux in the near future.\n\n* [Showcasing spot-trading webpage and Swap-GUI](https://www.figma.com/proto/QdvmbRYuBpEpFI3D1R4qyM/XMR-BTC_SingleMaker_LowFidelity?node-id=7%3A4377&viewport=696%2C-250%2C0.362735778093338&scaling=min-zoom)\n* [Showcasing spot-trading webpage and Swap-CLI](https://www.figma.com/proto/QdvmbRYuBpEpFI3D1R4qyM/XMR-BTC_SingleMaker_LowFidelity?node-id=54%3A4894&viewport=1503%2C-52%2C0.5576764941215515&scaling=min-zoom)\n* Showcasing details of the swap execution steps in a GUI: \n * [Send BTC, Receive XMR](https://www.figma.com/proto/QdvmbRYuBpEpFI3D1R4qyM/XMR-BTC_SingleMaker_LowFidelity?node-id=235%3A1374&viewport=1336%2C-1825%2C0.7878535389900208&scaling=min-zoom)\n * [Send XMR, Receive BTC](https://www.figma.com/proto/QdvmbRYuBpEpFI3D1R4qyM/XMR-BTC_SingleMaker_LowFidelity?node-id=128%3A8016&viewport=1404%2C-1158%2C0.66261225938797&scaling=min-zoom)\n\nPlease let us know if you have any feedback or questions, we'd be happy to answer or build more prototypes to answer them!\n\nFor feedback concerning the mocks you can create a free Figma account and use the [comment mode](https://help.figma.com/hc/en-us/articles/360041068574-Add-comments-to-files) to comment directly on the mock screens.\n\nOr you can also just give feedback here, send me a DM, reply on the [mailing list](https://lists.comit.network/pipermail/comit-dev/2020-November/000026.html) post or reach us on [matrix](https://matrix.to/#/!QqYPpVbtwYxRItuYiA:matrix.org?via=matrix.org).\n\nPS: We are CoBloX, a cross-blockchain research lab, we made a [XMR-BTC atomic swap PoC](https://github.com/comit-network/xmr-btc-swap/) based on [farcaster's protocol](https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/168), we are taking [our PoC to the next level by focusing on the UX](https://lists.comit.network/pipermail/comit-dev/2020-November/000024.html).", 'https://www.reddit.com/r/Monero/comments/k14hug/how_would_an_atomic_swap_ui_look_like/', 'k14hug', [['u/dantounet', 12, '2020-11-26 01:58', 'https://www.reddit.com/r/Monero/comments/k14hug/how_would_an_atomic_swap_ui_look_like/gdm16qo/', "It's actually Chalkboard Regular but we can change it to something more sober :)", 'k14hug'], ['u/almutasim', 13, '2020-11-26 03:17', 'https://www.reddit.com/r/Monero/comments/k14hug/how_would_an_atomic_swap_ui_look_like/gdm8zl8/', 'The GUI mock-up is very clean, and enticing. For most users, the more interaction that can be done through the GUI, the better.', 'k14hug']]], ['u/fireaway42069', 'This year I am grateful for $1M at age 32', 111, '2020-11-26 01:27', 'https://www.reddit.com/r/financialindependence/comments/k14n8y/this_year_i_am_grateful_for_1m_at_age_32/', 'Hello FIRE People!\n\nFirst, you all have been a constant source of ~~jealousy~~ inspiration for YEARS. I read this forum every day. I always dreamed of writing one of these posts and honestly didn\'t have a particular milestone planned for it but today I surpassed a personal net worth of $1 million dollars for the first time and the inspiration struck as I was going through my calculations. So, here I am. Get ready to see every stereotype rolled into one in this post so just buckle *the fuck* up. Shoutout to /r/fijerk.\n\nNow... the goods. Current rounded breakdowns of my personal net worth:\n\n$85,000 cash\n\n$15,000 car equity\n\n$130,000 real estate equity\n\n$10,000 in bonds (mutual funds)\n\n$390,000 in stock (mutual funds)\n\n$270,000 in individual stocks (small positions in tech that grew exponentially - mainly Tesla \\*shocked Pikachu face\\*)\n\n$100,000 in crypto (small investment that grew exponentially)\n\nTotal: approximately $1,000,000\n\nHow? Tons of amazing opportunity, a genuine love of technology (and great jobs in the tech industry), a ton of luck, steadfast frugality, and relentless investing... Step by step:\n\n1. Graduated college in 2011 without debt due to choosing a state school, financial aid, scholarships, family support, and a couple summer internships (one unpaid, two paid). \n2. 10 years in the tech industry. Started strong ($72,000 a year total compensation), moved companies three times, and was promoted once. Current compensation is now $150,000 a year after all that. I have never taken more than 1 week off between jobs and always had the next thing lined up.\n3. I watched all the people my age at the tech companies I worked for spend money on eating out, fancy apartments, brand-new cars. I got a low-end apartment with roommates even after I got my first real job. Most my happiness came from spending time with my frugal spouse, playing sports, basic tech items like phones/video games, and my dog that I got after 1 year working. I still ate very cheaply and never ordered alcohol out. This left lots of money for maxing all my tax advantaged accounts, further index fund stock investing, and then that 5% or so for the high risk "fun" investments that I happened to hit on.\n4. I read about technology every day for fun via a simple news aggregator. I scan the headlines and then usually end up reading 3-4 articles a day that interest me. I always try and think about what will affect the world the most and how it will do so... and whether or not there is an investing angle that the general public isn\'t yet privy to. \n5. Put most my money in 100% stock index funds as I started out as kind of an aggressive boglehead and still am in a lot of ways. As years passed I put 5% or so into "fun"/high risk investing when I saw something cool crop up. Learned about crypto in late 2013 during the bull run up to $1,000. Invested a tiny bit of money in bitcoin near the top there and got burned - watched the price cut in half. Doubled down and never looked back (wish I had continued to dollar cost average but c\'est la vie). 3 years later I finally crossed into the profitable range but continued to hold! I am a Tesla fan so over the last few years I have slowly thrown a few hundred dollars into $TSLA here and there for fun once my retirement accounts were all maxed out for the year. Looked at it as a potential charitable investment to try and help the environment and also maybe a fun fund to buy a cool car someday if it did well. Watched it stagnate for years and then eventually now this huge run-up has propelled my net worth substantially (better make the post quick before the 7 figures NW goes away!!!).\n\nAlright... so... what? Are my take-a-ways going to be that different than everyone else\'s? Not really but here is my spin on it anyways.\n\n1. **You don\'t have to fit in with the crowd.** I am a FIRE zealot amongst my friends and that provides an interesting perspective in the corporate world. I always try to pay my own way and (especially now) find times to be generous, but I also try and steer my friends to make responsible financial choices and overall it has been good for my social relationships.\n2. **Your spouse is going to almost assuredly be the most important person in your life.** I met my significant other at a young age. When we were in college, we had no money so we got used to spending nothing and still enjoying each other\'s company. She is frugal too and has her own story to share. She has quite the impressive portfolio and net worth herself and we have ultimately bonded over money. It is amazing to have a hard working and financially supportive partner. \n3. **Most hobbies can be accomplished within very reasonable budgets if you plan well and only purchase things you are really going to use.** Animals are awesome. Sports are fun. Music is amazing. Video games can provide near infinite entertainment. There are a lot of cool things to spend your time on that are cheap per hour of entertainment provided (and aren\'t $10 drinks at the bar). Even if you love the bars, you can go to most bars with your friends for free. Be the designated driver. Drink at home and walk/lyft out to the bars with your friends (once COVID is under control, of course). It\'s not that big of a deal to plan a bit.\n4. **Invest and Invest EARLY!** The first money I earned and paid taxes on at an internship went into a Roth IRA immediately. I maxed all my retirement accounts in year 1 of my first real job and didn\'t increase my lifestyle nearly at all except for social obligations with new coworkers (and even then, I found the cheapest way to do everything while still pulling my weight). Despite the fact it now looks like I am some Tesla/Crypto dude, I started out with basically ALL broad based index funds for *years*. My cost basis in real estate/index funds is probably $400,000-$500,000 while my cost basis in individual stocks/crypto is probably $40,000 after 10 years.\n5. **Find hobbies that make you money!** I love looking at real estate. My spouse and I bought a property and rented out extra rooms. We made some money on rent, we made some money on appreciation. We have had quite a few small headaches and inconveniences but it still has been an adventure, and a profitable one! Plus we have learned a lot.\n6. **Set a goal, give yourself a reasonable reward!** You don\'t have to spend nothing. I just try not to waste anything. Over time, dogs are expensive. I wanted a dog anyways. Once I had a steady job and a positive performance review under my belt, I adopted a dog! Worth every penny. After 8 years, I upgraded my reliable used car to my first new car - I just plan to keep it for 15 years and take care of it.\n\n**TL;DR: Went to a state school and utilized whate... 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:** ['* Asian stock markets: https://tmsnrt.rs/2zpUAr4\n* Highly-anticipated vaccine facing more scrutiny\n* Equity markets pull back from record highs\n* Oil hit by concerns about oversupply\n* U.S. financial markets closed Thursday for Thanksgiving\nBy Stanley White\nTOKYO, Nov 27 (Reuters) - Asian shares fell slightly on Friday, pulling back from a record high hit earlier this week, amid renewed doubts about a highly-anticipated coronavirus vaccine and concern about the economic impact from the pandemic.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.07%. Australian shares were down 0.15%. Japan\'s Nikkei fell 0.09%.\nU.S. S&P 500 e-mini stock futures fell 0.24% in early Asian trade. U.S. financial markets were closed on Thursday for the Thanksgiving holiday and will trade on a partial schedule later on Friday.\nOil prices looked set to extend their declines from a seven-month high due to signs of oversupply.\nBritish drugmaker AstraZeneca\'s coronavirus drug was touted as a "vaccine for the world" due to its inexpensive cost, but the efficacy of the vaccine is now facing more intense scrutiny, which experts say could delay its approval.\nSeveral scientists have raised doubts about the robustness of results showing the shot was 90% effective in a sub-group of trial participants who, by error initially, received a half dose followed by a full dose.\n"With global case numbers having now topped 60 million... there is certainly some rough terrain ahead for the global recovery, and that can create economic scarring," analysts at ANZ Bank wrote in a memo.\nMSCI\'s broadest gauge of world stocks was up 0.02% on Friday in Asia, sitting just below a record high reached in the previous session.\nDoubts about the distribution of a coronavirus vaccine have placed renewed focus on the current state of the pandemic, which looks grim for many places.\nU.S. hospitalizations for COVID-19 are at a record and experts warn that Thanksgiving could lead to further infections and deaths.\nMore than 20 million people across England will be forced to live under the toughest restrictions even after a national lockdown ends on Dec. 2. Partial lockdowns in some European countries have also raised concern about economic growth.\nThe European Central Bank\'s chief economist highlighted these concerns in dovish comments on Thursday, which pushed European bond yields lower.\nThe euro, which last bought $1.1910, showed little reaction because currency traders have largely priced in expectations for additional ECB easing next month.\nThe dollar index was near its lowest in more than two months, but moves were subdued due to the U.S. trading holiday.\nU.S. crude dipped 1.71% to $44.93 a barrel.\nFuel demand is falling due to renewed coronavirus lockdowns, but some oil producers are not complying with agreed production cuts, which raises concerns about oversupply.\nSpot gold, which is often sought during times of uncertainty, was little changed at $1,809.51 per ounce following a 0.3% gain on Thursday.\nBitcoin, the world\'s biggest cryptocurrency, steadied at $17,180 on Thursday, but it tumbled by 8.4% in the previous session after failing to take out its record high of $19,666.\nBitcoin has rallied around 140% this year, fuelled by demand for riskier assets.\n(Reporting by Stanley White; editing by Richard Pullin)', '* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * Highly-anticipated vaccine facing more scrutiny * Equity markets pull back from record highs * Oil hit by concerns about oversupply * U.S. financial markets closed Thursday for Thanksgiving By Stanley White TOKYO, Nov 27 (Reuters) - Asian shares fell slightly on Friday, pulling back from a record high hit earlier this week, amid renewed doubts about a highly-anticipated coronavirus vaccine and concern about the economic impact from the pandemic. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.07%. Australian shares were down 0.15%. Japan\'s Nikkei fell 0.09%. U.S. S&P 500 e-mini stock futures fell 0.24% in early Asian trade. U.S. financial markets were closed on Thursday for the Thanksgiving holiday and will trade on a partial schedule later on Friday. Oil prices looked set to extend their declines from a seven-month high due to signs of oversupply. British drugmaker AstraZeneca\'s coronavirus drug was touted as a "vaccine for the world" due to its inexpensive cost, but the efficacy of the vaccine is now facing more intense scrutiny, which experts say could delay its approval. Several scientists have raised doubts about the robustness of results showing the shot was 90% effective in a sub-group of trial participants who, by error initially, received a half dose followed by a full dose. "With global case numbers having now topped 60 million... there is certainly some rough terrain ahead for the global recovery, and that can create economic scarring," analysts at ANZ Bank wrote in a memo. MSCI\'s broadest gauge of world stocks was up 0.02% on Friday in Asia, sitting just below a record high reached in the previous session. Doubts about the distribution of a coronavirus vaccine have placed renewed focus on the current state of the pandemic, which looks grim for many places. U.S. hospitalizations for COVID-19 are at a record and experts warn that Thanksgiving could lead to further infections and deaths. Story continues More than 20 million people across England will be forced to live under the toughest restrictions even after a national lockdown ends on Dec. 2. Partial lockdowns in some European countries have also raised concern about economic growth. The European Central Bank\'s chief economist highlighted these concerns in dovish comments on Thursday, which pushed European bond yields lower. The euro, which last bought $1.1910, showed little reaction because currency traders have largely priced in expectations for additional ECB easing next month. The dollar index was near its lowest in more than two months, but moves were subdued due to the U.S. trading holiday. U.S. crude dipped 1.71% to $44.93 a barrel. Fuel demand is falling due to renewed coronavirus lockdowns, but some oil producers are not complying with agreed production cuts, which raises concerns about oversupply. Spot gold, which is often sought during times of uncertainty, was little changed at $1,809.51 per ounce following a 0.3% gain on Thursday. Bitcoin, the world\'s biggest cryptocurrency, steadied at $17,180 on Thursday, but it tumbled by 8.4% in the previous session after failing to take out its record high of $19,666. Bitcoin has rallied around 140% this year, fuelled by demand for riskier assets. (Reporting by Stanley White; editing by Richard Pullin)', 'By Rodrigo Campos\nNEW YORK (Reuters) - Stocks rose across the globe on Friday to close at a fresh high and remained on track for their strongest monthly performance on record but the Nasdaq outperformed on Wall Street and Treasury yields fell, indicating lingering concerns over rising coronavirus cases globally.\nA global stock index touched a record high for the third session this week while the dollar index, a measure of the greenback versus six peers, touched a three-month low and closed at its lowest since April 2018.\nOn Wall Street, the main indexes rose and the Nasdaq Composite hit a record high. The Nasdaq outperformance mirrors recent sessions when, despite rising stocks, the focus was on the economic impact of the pandemic. The U.S. expects a further surge in coronavirus infections following the Thanksgiving holiday.\nThe Dow Jones Industrial Average rose 37.9 points, or 0.13%, to 29,910.37, the S&P 500 gained 8.7 points, or 0.24%, to 3,638.35 and the Nasdaq Composite added 111.44 points, or 0.92%, to 12,205.85.\nEuropean stocks rose after the European Central Bank reinforced expectations of further stimulus next month and Sweden\'s Riksbank made a surprise increase to its quantitative-easing program.\nThe pan-European STOXX 600 index rose 0.41% and MSCI\'s gauge of stocks across the globe gained 0.39% to 623.75 after touching a high of 624.29.\nEmerging market stocks rose 0.12%, while Japan\'s Nikkei rose 0.40%.\nQuestions also lingered over trial data on AstraZeneca\'s COVID-19 "vaccine for the world," as several scientists sounded caution over the trial results.\nAustralian shares ended down 0.5% with Treasury Wine Estates down 11.25% as China imposed new tariffs on Australian wine, the latest move in the countries\' long-running trade row.\nGraphic: Emerging market stocks\' November to remember, https://fingfx.thomsonreuters.com/gfx/mkt/xlbvgzdxwpq/Pasted%20image%201606391823401.png\nThe European Union and Britain said substantial differences remained over a Brexit trade deal, as the EU chief negotiator prepared to travel to London in a last-ditch attempt to avoid a tumultuous finale to the five-year crisis.\nSterling, which has climbed over 3% against the dollar this month, was last trading at $1.3299, down 0.42% on the day. [GBP/]\n"Clearly, there are substantial and important differences still to be bridged, but we\'re getting on with it," British Prime Minister Boris Johnson told reporters.\nThe dollar index fell 0.269%, with the euro up 0.39% to $1.196. The Japanese yen strengthened 0.24% versus the greenback at 104.03 per dollar.\n"Over the longer term, this is probably the right trend for the dollar. We think the dollar has further room to the downside," said Bipan Rai, North America head of foreign exchange strategy at CIBC Capital Markets.\nThe yield on benchmark Treasury notes fell as some investors sought the safety of holding government debt over persistent concerns about the surge in coronavirus cases and lockdowns in several U.S. states and around the world.\nThe 10-year notes last rose 11/32 in price to yield 0.8422%, from 0.878% late on Wednesday.\nOil prices, up for a fourth straight week, were mixed.\nU.S. crude recently fell 0.42% to $45.52 per barrel and Brent was at $48.27, up 0.98% on th **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: 2020-11-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $316,004,244,150 - Hash Rate: 134710225.69469494 - Transaction Count: 322445.0 - Unique Addresses: 719237.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin was trading at highs of around $15,200 gaining momentum during the U.S. election uncertainty. That's the cryptocurrency's highest since January 2018. It's still unclear whether President Donald Trump or former Vice President Joe Biden had won the election as the vote count continued. However, Biden appears to be the favorite at publication time. The last time bitcoin peaked was back in December 2017 when the cryptocurrency traded at around $20,000. This year there have been a number of positive factors pushing bitcoin higher, such as the announcement that PayPal (NASDAQ: PYPL ) is adding features enabling users to buy and sell cryptocurrencies. Square (NYSE: SQ ) also made recent announcements adding bitcoin to its holdings. Related Links: As Bitcoin Hits New 2020 Highs, The Course Strikes Comparison With 2016 Election Cycle Square Invests M In Bitcoin; Dorsey Sees A Currency For The Internet See more from Benzinga Click here for options trades from Benzinga Bank of England Boosts Quantitative Easing As Second COVID-19 Lockdown Begins Why Bluebird Bio's Stock Is Trading Lower Today © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 0.24% on Friday. Following on from an 8.09% slide on Thursday, Bitcoin ended the day at $17,171.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $17,531.0 before hitting reverse. Falling short of the first major resistance level at $18,641, Bitcoin slid to a mid-afternoon intraday low $16,501.0. Steering clear of the first major support level at $16,050, Bitcoin moved back through to $17,100 levels to limit the downside on the day. The near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Ripple’s XRP rose by 4.64% to lead the way. Binance Coin (+0.80%), Cardano’s ADA (+2.44%), and Polkadot (+0.11%) also found support. It was a bearish day for the rest of the majors, however. Crypto.com Coin slid by 4.79% to lead the way down. Bitcoin Cash SV (-2.81%), Chainlink (-0.74%), Ethereum (-0.25%), and Litecoin (-2.70%), also joined Bitcoin in the red. In the current week, the crypto total market cap rose to a Tuesday high $593.32bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $504.22bn. Bitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.94%. This Morning At the time of writing, Bitcoin was down by 0.22% 17,133.0. A mixed start to the day saw Bitcoin rise to an early morning high $17,198.0 before falling to a low $17,031.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.71%) and Crypto.com Coin (+3.90%) bucked the trend early on. It was a bearish start for the rest of the majors, however. At the time of writing, Polkadot was down by 0.65% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $17,068 to bring the first major resistance level at $17,634 into play. Support from the broader market would be needed for Bitcoin to break back through to $17,500 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $17,531.0 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $18,000 before any pullback. The second major resistance level sits at $18,098. Failure to avoid a fall back through the $17,068 pivot would bring the first major support level at $16,604 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$16,000 levels. The second major support level at $16,038 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Testing Major Support Silver Weekly Price Forecast – Silver Markets Have Tough Week Natural Gas Weekly Price Forecast – Natural Gas Has Neutral Week The Crypto Daily – Movers and Shakers – November 28th, 2020 Gold Forecast – Gold Indicator Triggers Buy Signal Oil Rebounds After Yesterday’s Pullback', 'Bitcoin, BTC to USD, fell by 0.24% on Friday. Following on from an 8.09% slide on Thursday, Bitcoin ended the day at $17,171.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $17,531.0 before hitting reverse.\nFalling short of the first major resistance level at $18,641, Bitcoin slid to a mid-afternoon intraday low $16,501.0.\nSteering clear of the first major support level at $16,050, Bitcoin moved back through to $17,100 levels to limit the downside on the day.\nThe near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nRipple’s XRProse by 4.64% to lead the way.\nBinance Coin(+0.80%),Cardano’s ADA(+2.44%), and Polkadot (+0.11%) also found support.\nIt was a bearish day for the rest of the majors, however.\nCrypto.com Coinslid by 4.79% to lead the way down.\nBitcoin Cash SV(-2.81%),Chainlink(-0.74%),Ethereum(-0.25%), andLitecoin(-2.70%), also joined Bitcoin in the red.\nIn the current week, the crypto total market cap rose to a Tuesday high $593.32bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $504.22bn.\nBitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.94%.\nAt the time of writing, Bitcoin was down by 0.22% 17,133.0. A mixed start to the day saw Bitcoin rise to an early morning high $17,198.0 before falling to a low $17,031.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+0.71%) and Crypto.com Coin (+3.90%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Polkadot was down by 0.65% to lead the way down.\nBitcoin would need to avoid a fall back through the pivot level at $17,068 to bring the first major resistance level at $17,634 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $17,500 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $17,531.0 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $18,000 before any pullback. The second major resistance level sits at $18,098.\nFailure to avoid a fall back through the $17,068 pivot would bring the first major support level at $16,604 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$16,000 levels. The second major support level at $16,038 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Testing Major Support\n• Silver Weekly Price Forecast – Silver Markets Have Tough Week\n• Natural Gas Weekly Price Forecast – Natural Gas Has Neutral Week\n• The Crypto Daily – Movers and Shakers – November 28th, 2020\n• Gold Forecast – Gold Indicator Triggers Buy Signal\n• Oil Rebounds After Yesterday’s Pullback', 'PALO ALTO, Calif., Nov. 27, 2020 (GLOBE NEWSWIRE) --Bitcoin Latinum, the next-generation Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing its official pre-sale launch. Bitcoin Latinum will trade under the symbol LTNM with a total supply of 888,888,888 LTNM [verifiable by LTNM].\nBitcoin Latinum is now available for pre-sale onwww.bitcoinlatinum.comand will be available on exchanges in 2021.\nMarsh & McLennan, one of the world\'s leading specialty insurance brokers and risk advisers, has been appointed to arrange a comprehensive insurance program for Bitcoin Latinum. The insurance coverage, to be arranged by Marsh Asia, will protect Bitcoin Latinum holders in case of external theft and internal collusion, potentially up to the full value of their holdings. This contemplated insurance coverage will make Bitcoin Latinum the world\'s largest insured digital asset.\nThe Bitcoin Latinum tokens are a part of a blockchain ecosystem being adopted by companies in media, gaming, storage, cloud, and telecommunications. Bitcoin Latinum tokens will be interchangeably used on each of these partner/supplier networks by consumers. In addition, Bitcoin Latinum adds security around inflight transactions and enhanced mining node protection based on memory scanning technology. Furthermore, Bitcoin Latinum looks to reduce the cost of a Bitcoin transaction from dollars to pennies for on-chain transactions and even lower rates for lightning-based transactions.\nBitcoin\'s market cap is nearing $200 billion and makes up approximately 84% of the cryptocurrency market. Bitcoin recently crossed $18,000 per token, demonstrating a strong bull market. Earlier this year, Gartner stated that blockchain technology will create more than $176 billion worth of business value by 2025, and $3.1 trillion by 2030. There are trillions of dollars in global assets that could potentially be digitized.\nBitcoin Latinum is an enhanced Bitcoin fork. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin Latinum taps into the new wave of crypto DeFi — decentralized finance – for its role in independent digital transactions. According to Nasdaq, the total DeFi related cryptocurrency market recently passed $14 billion, up from $1 billion in February 2020.\nAdopting Bitcoin Latinum is Academy Award winning studio Cross Creek Media. Cross Creek has grossed over $1.7 billion in the worldwide box office. Cross Creek Media, who has long term relationships with Sony Pictures Entertainment and Universal Pictures, most recently expanded its digital assets in film, television, and IP with Monsoon Blockchain & Marsh. Cross Creek has been a co-financier/producer of such films as Oscar winnerBlack Swanand has been behind hitsAmerican Made,Everest, and Hacksaw Ridge.Timmy Thompson, CEO of Cross Creek Media stated, "We are very excited about Bitcoin Latinum and its capabilities as an insured token, as we continue developing award-winning properties. Cross Creek\'s portfolio of new media technology investments perfectly positions us to take advantage of the digital asset sector in Media and Gaming."\nDraper Dragon Fund will be playing a major role with Bitcoin Latinum. Draper Dragon Fund has invested in blockchain companies Telegram, Ledger, Vechain, Ultrain, Aelf and Token Insight. "The partnership with Marsh, Monsoon, and Bitcoin Latinum would further extend our digital asset portfoli **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: 2020-11-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $328,596,749,438 - Hash Rate: 134710225.69469494 - Transaction Count: 293949.0 - Unique Addresses: 644206.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.87 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Privacy-centric blockchain network Grin (GRIN) is undergoing a 51% attack, an event in which a miner (or miners) acquires more than 50% of the network’s mining hash power and takes control, according to a notice at the bottom of the Grin protocol’swebsite. • According to2miners.com, which is responsible for 19.1% of the current hash power on Grin, the unknown miner(s) grabbed control of 57.4% of the network’s hash power. • While the attack is underway, the protocol is warning users to wait for extra confirmations on transactions for payment finality. • Grin, which was the first cryptocurrency to testprivacy protocol MimbleWimbleand drewan estimated $100 million in venture capital to mine it, was once called “Bitcoin 2.0.” • GRIN coins were down 2.23% to $0.235 at press time. See also:Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week • Privacy Coin GRIN Is Victim of 51% Attack • Privacy Coin GRIN Is Victim of 51% Attack • Privacy Coin GRIN Is Victim of 51% Attack • Privacy Coin GRIN Is Victim of 51% Attack... - Reddit Posts (Sample): [['u/SixLegsGood', "'Impermanent Loss'? How do buttcoiners come up with these dumb phrases?", 18, '2020-11-28 01:10', 'https://www.reddit.com/r/Buttcoin/comments/k2cvrg/impermanent_loss_how_do_buttcoiners_come_up_with/', 'For sane people who have steered clear of the ~~investment opportunity~~outright fraud that is DeFi, \'impermanent loss\' is a wonderfully stupid term coined by butters to explain away losses.\n\nThere\'s a good explanation at https://finematics.com/impermanent-loss-explained/ - but the short version is:\n\n* There are smart contracts that allow automated, on-chain trading between different coins.\n* You can make money by providing liquidity to these contracts, i.e. lending them some coins. In return, you get a % of the trading fees that the smart contract charges users.\n* However, as Eth & DeFi usability/UI sucks, most(?) of the trading that takes place is by automated bots.\n* These bots only place trades when there is arbitrage, i.e. they can buy the coins cheaply from the smart contract and then sell them immediately on another exchange for more money.\n* The profits these bots make is coming from the liquidity providers, they are the ones losing the money.\n* But not to worry! This is what buttcoiners are calling an **\'impermanent loss\'** - it\'s not really a loss because **it only becomes real when you withdraw and sell your liquidity coins!!!**\n\nI thought that the whole *"I haven\'t really lost any money in bitcoin because I haven\'t sold my coins yet"* idea was a joke, a dumb meme by HODLers, but it turns out that DeFi idiots take it so seriously that they\'ve invented a formal term for it and write lots of lengthy web pages trying to justify the stupid!', 'https://www.reddit.com/r/Buttcoin/comments/k2cvrg/impermanent_loss_how_do_buttcoiners_come_up_with/', 'k2cvrg', [['u/TheAnalogKoala', 21, '2020-11-28 02:39', 'https://www.reddit.com/r/Buttcoin/comments/k2cvrg/impermanent_loss_how_do_buttcoiners_come_up_with/gdto1r5/', 'Ok I’m not sure about this. From the link, it appears the liquidity providers earn fees from every trade. If the total fees are better than the opportunity cost of just holding the coin, then it seems the liquidity providers could come out ahead even if the arbitrage bots take some of the increase in the coin. \n\nAm I confused here?', 'k2cvrg'], ['u/cryptOwOcurrency', 11, '2020-11-28 03:16', 'https://www.reddit.com/r/Buttcoin/comments/k2cvrg/impermanent_loss_how_do_buttcoiners_come_up_with/gdtrk8h/', "No, you're not confused. You seem to be the first person in this thread to understand it properly.", 'k2cvrg'], ['u/devliegende', 10, '2020-11-28 05:02', 'https://www.reddit.com/r/Buttcoin/comments/k2cvrg/impermanent_loss_how_do_buttcoiners_come_up_with/gdu19i1/', "It's a zero sum game. Who exactly takes the loss may be obfuscated, but it can never be removed.", 'k2cvrg']]], ['u/flprd', 'How to manage a bitcoin wallet after life?', 11, '2020-11-28 02:05', 'https://www.reddit.com/r/Bitcoin/comments/k2dt5g/how_to_manage_a_bitcoin_wallet_after_life/', "Okey, most of us are rather young but we are aging. I am an humble Hodler of some crypto assets and truly believe that probably only my kids may potentially take proper financial advantage of an Hodler father.\nI am trying to secure my current assets with cold wallets etc and well there are several strategies, good or bad, that can be adopted to do so.\n\nQuestion is: how to properly manage this kind of assets together with the risk that one can suddenly pass away or become disable in a way that your close ones cannot have access to your assets? Shouldn't there be a procedure or strategy to deal with this issue?\n\nI am worried with the possibility that my net worth continues to grow after I die without having anyone with access to it... \n\nWho has some plans on how to deal with this issue?", 'https://www.reddit.com/r/Bitcoin/comments/k2dt5g/how_to_manage_a_bitcoin_wallet_after_life/', 'k2dt5g', [['u/back4thefight', 10, '2020-11-28 02:13', 'https://www.reddit.com/r/Bitcoin/comments/k2dt5g/how_to_manage_a_bitcoin_wallet_after_life/gdtljt8/', 'Have a will. Educate your executor/trustee on how to manage bitcoin assets, or at the very least tell them how to hire someone who can manage it. In Ontario at least, most estates seem to just liquidate assets (aside from real property) to distribute shares to beneficiaries in cash.\n\n\nI’m a lawyer, and sadly 99% of my clients are more than twice my age, but I have had some younger clients who have had me include Schedules to their will that include their various pass phrases for wallets and such.', 'k2dt5g']]], ['u/Giraffetamer12', 'Im gonna make myself sound really stupid but I just need something cleared up', 13, '2020-11-28 02:10', 'https://www.reddit.com/r/BitcoinBeginners/comments/k2dw5h/im_gonna_make_myself_sound_really_stupid_but_i/', "So as far as I'm aware, the way bitcoin works is the ledger keeps track of all transactions on the blockchain. And I heard in a youtube video explaining bitcoin that the way the system makes sure that it has the most updated version of the ledger is by simply using the longest ledger. But if that's true, what's stopping someone from creating an altered version of the ledger and convincing the rest of the nodes in the network that it's the real ledger by simply being longer than other versions of the ledger?", 'https://www.reddit.com/r/BitcoinBeginners/comments/k2dw5h/im_gonna_make_myself_sound_really_stupid_but_i/', 'k2dw5h', [['u/blarghusmaximus', 14, '2020-11-28 02:17', 'https://www.reddit.com/r/BitcoinBeginners/comments/k2dw5h/im_gonna_make_myself_sound_really_stupid_but_i/gdtlx8v/', 'The "length" is the number of confirmed transactions -- youd have to have more power than the rest of the network combined to pull it off. \n\nIts referred to as a "51% attack" and its essentially impossible with bitcoin at this point. Google that phrase for more.', 'k2dw5h'], ['u/Giraffetamer12', 10, '2020-11-28 02:35', 'https://www.reddit.com/r/BitcoinBeginners/comments/k2dw5h/im_gonna_make_myself_sound_really_stupid_but_i/gdtnpnv/', "So theoretically it's possible but it would just take a massive amount of resources?", 'k2dw5h'], ['u/blarghusmaximus', 15, '2020-11-28 02:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/k2dw5h/im_gonna_make_myself_sound_really_stupid_but_i/gdto3xv/', 'I guess... I mean... It would take so many resources that if you had such resources ... there would be no reason to attack bitcoin to steal more.', 'k2dw5h'], ['u/Delicious_Context_53', 10, '2020-11-28 05:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/k2dw5h/im_gonna_make_myself_sound_really_stupid_but_i/gdu2c1x/', 'In fact with that many resources it is better to just be a miner with a high probability of reward. The only way around this incentive is e.g. a nation state incentive to destroy confidence in Bitcoin. Or I guess a “watch the world burn” Joker type villain.', 'k2dw5h']]], ['u/DrRobertBottle', "PayPal next moves will show it's brilliance", 143, '2020-11-28 02:36', 'https://www.reddit.com/r/Bitcoin/comments/k2eb03/paypal_next_moves_will_show_its_brilliance/', 'tl;dr PayPal\'s closed ecosystem for Bitcoin will finally make using Bitcoin for purchases a reality by allowing Bitcoin to be used on millions of merchants\' sites and simplify tax reporting by PayPal issuing 1099-B forms for those purchases.\n\nI used to buy stuff with Bitcoin but it was such a pain in the ass to report every purchase on my taxes. There are a bunch of people that are anti-IRS in the Bitcoin community and don\'t feel like people are obligated to report to the IRS their purchases using Bitcoin. I don\'t want to debate that. Let\'s assume every purchase that a person makes with Bitcoin needs to be reported on form 8949. When a person buys on exchanges like coinbase, binance, etc, those exchanges are an open eco-system. Once a bitcoin leaves those exchanges, those exchanges don\'t know what happens to those bitcoins(for the most part). So, those exchanges can\'t automate your tax filings.\n\nPayPal has setup a closed eco-system where they know a person\'s purchase history of bitcoin, their sales history of bitcoin and the history of when they bought something using bitcoin(via PayPal). So, PayPal has all the necessary information to generate a 1099-B for that person. A 1099-B completely simplifies tax filing for purchases made with Bitcoin.\n\nTo give you a concrete example. Let make the following assumptions:\n\nI bought 1 bitcoin on August 1st 2020 for $10,000\n\nOn Sept 1st, 2020, I bought a TV for $2000 using Bitcoin and the price of one Bitcoin was $20,000.\n\nSo, let\'s work through what happens if I used Coinbase to originally buy that 1 bitcoin. So I bought that Bitcoin and then I moved it to my hardware wallet. I had to pay some amount of bitcoin in transaction fees to move that bitcoin. To make things "simple", let\'s assume the network transaction fee was .01 btc. So that improves my cost basis but overall it cost me money but my new cost basis is .99 bitcoin for a $10,000(this makes the effective cost basis of 1 btc to be $10,101.01). Then I purchase the tv from my hardware wallet. There would be another network transaction cost but let\'s assume it was free. Coinbase has no idea what I did with that bitcoin that I bought from them. So, it\'s now my obligation to report my capital gain to the IRS since the price had gone up since I bought that bitcoin. So, my capital gain would be: I used .1 bitcoin to buy a $2000 TV. My cost basis of that .1 btc was $1010.01. So I had a capital gain fo $989.99 that I need to pay short term capital gain taxes on that.\n\nNow I imagine that I buy a $4 cup of coffee every day. I have to do this calculation for every cup of coffee that I had. Complete and utter insanity to manually calculate the capital gain of every purchase a person makes. I decided it wasn\'t worth it so I stopped buying things with bitcoin.\n\nLet\'s work thr... 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 to USD, rose by 3.35% on Saturday. Reversing a 0.24% decline from Friday, Bitcoin ended the day at $17,746.0.\nA mixed start to the day saw Bitcoin rise to an early morning high $17,220.0 before hitting reverse.\nFalling short of the first major resistance level at $17,634, Bitcoin fell to a late morning intraday low $16,925.0.\nSteering clear of the first major support level at $16,604, Bitcoin rallied to a late intraday high $17,910.0.\nBitcoin broke through the first major resistance level at $17,634 to test resistance at $18,000 before easing back.\nThe near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot fell by 1.68% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nRipple’s XRPandCardano’s ADAsurged by 11.58% and by 16.43% respectively to lead the way.\nBitcoin Cash SV(+3.43%),Chainlink(+4.81%),Crypto.com Coin(+5.68%),Ethereum(+3.67%), andLitecoin(+5.13%), also found strong support.\nBinance Coin(+2.53%) saw a relatively modest gain on the day.\nIn the current week, the crypto total market cap rose to a Tuesday high $593.32bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $522.72bn.\nBitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.80%.\nAt the time of writing, Bitcoin was down by 0.25% to $17,701.3. A mixed start to the day saw Bitcoin rise to an early morning high $17,775.0 before falling to a low $17,664.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Ripple’s XRP was down by 1.51% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $17,527 to bring the first major resistance level at $18,129 into play.\nSupport from the broader market would be needed for Bitcoin to break through to $18,000 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $18,500 before any pullback. The second major resistance level sits at $18,512.\nFailure to avoid a fall through the $17,527 pivot would bring the first major support level at $17,144 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,000 levels. The second major support level sits at $16,542.\nThisarticlewas originally posted on FX Empire\n• European Equities: A Week in Review – 27/11/20\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Break Resistance\n• COVID-19 Vaccine Update – Focus Shifts to Pre-orders and Distribution\n• USD/CAD Daily Forecast – Test Of Support At 1.2985\n• Gold Weekly Price Forecast – Gold Markets Have Tough Week\n• S&P 500 Price Forecast – Continue to Meander in Thin Holiday Trading', 'Bitcoin , BTC to USD, rose by 3.35% on Saturday. Reversing a 0.24% decline from Friday, Bitcoin ended the day at $17,746.0. A mixed start to the day saw Bitcoin rise to an early morning high $17,220.0 before hitting reverse. Falling short of the first major resistance level at $17,634, Bitcoin fell to a late morning intraday low $16,925.0. Steering clear of the first major support level at $16,604, Bitcoin rallied to a late intraday high $17,910.0. Bitcoin broke through the first major resistance level at $17,634 to test resistance at $18,000 before easing back. The near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Polkadot fell by 1.68% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ripple’s XRP and Cardano’s ADA surged by 11.58% and by 16.43% respectively to lead the way. Bitcoin Cash SV (+3.43%), Chainlink (+4.81%), Crypto.com Coin (+5.68%), Ethereum (+3.67%), and Litecoin (+5.13%), also found strong support. Binance Coin (+2.53%) saw a relatively modest gain on the day. In the current week, the crypto total market cap rose to a Tuesday high $593.32bn before sliding to a Thursday low $467.23bn. At the time of writing, the total market cap stood at $522.72bn. Bitcoin’s dominance rose to a Monday high 64.75% before sliding to a Tuesday low of 60.80%. At the time of writing, Bitcoin’s dominance stood at 62.80%. This Morning At the time of writing, Bitcoin was down by 0.25% to $17,701.3. A mixed start to the day saw Bitcoin rise to an early morning high $17,775.0 before falling to a low $17,664.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Ripple’s XRP was down by 1.51% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $17,527 to bring the first major resistance level at $18,129 into play. Support from the broader market would be needed for Bitcoin to break through to $18,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $18,500 before any pullback. The second major resistance level sits at $18,512. Failure to avoid a fall through the $17,527 pivot would bring the first major support level at $17,144 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,000 levels. The second major support level sits at $16,542. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 27/11/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Break Resistance COVID-19 Vaccine Update – Focus Shifts to Pre-orders and Distribution USD/CAD Daily Forecast – Test Of Support At 1.2985 Gold Weekly Price Forecast – Gold Markets Have Tough Week S&P 500 Price Forecast – Continue to Meander in Thin Holiday Trading', 'Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund\x92s net asset value in the Grayscale Bitcoin Trust (GBTC). According to the amendment: \x93The Guggenheim Macro Opportunities Fund may seek investment exposure to bitcoin indirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust (\x93GBTC\x94), a privately offered investment vehicle that invests in bitcoin. To the extent the Fund invests in GBTC, it will do so through the Subsidiary.\x94 Given the fund has net assets of $4.97 billion, according to Fidelity, it means mean the fund can invest up to $497 million in GBTC. Grayscale\x92s bitcoin trust, a publicly traded financial product that functions similar to an exchange-traded fund (ETF), tracks the price of bitcoin. Guggenheim notes, GBTC trades at a \x93significant premium.\x94 The Macro Opportunities Fund is part of Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, and has more than $233 billion in total assets across fixed income, equity and alternative strategies. Guggenheim is the latest multibillion dollar hedge fund to signal an interest in bitcoin. This summer, industry pioneer Paul Tudor Jones\x92s $22 billion BVI Global Fund could invest \x93 a low-single-digit percentage \x94 of its assets in bitcoin futures. Earlier this month, hedge fund manager Stanley Druckenmiller said bitcoin could outperform gold . Grayscale is a sister company to CoinDesk. UPDATED 11/29/2020 18:16 UTC: Adds information about other funds. Related Stories Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC View comments', 'Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC).\n• According to the amendment: “The Guggenheim Macro Opportunities Fund may seek investment exposure tobitcoinindirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust (“GBTC”), a privately offered investment vehicle that invests in bitcoin. To the extent the Fund invests in GBTC, it will do so through the Subsidiary.”\n• Given the fund has net assets of $4.97 billion, according to Fidelity, it means mean the fund can invest up to $497 million in GBTC. Grayscale’s bitcoin trust, a publicly traded financial product that functions similar to an exchange-traded fund (ETF), tracks the price of bitcoin. Guggenheim notes, GBTC trades at a “significant premium.”\n• The Macro Opportunities Fund is part of Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, and has more than $233 billion in total assets across fixed income, equity and alternative strategies.\n• Guggenheim is the latest multibillion dollar hedge fund to signal an interest in bitcoin. This summer, industry pioneer Paul Tudor Jones’s $22 billion BVI Global Fund could invest “a low-single-digit percentage” of its assets in bitcoin futures. Earlier this month, hedge fund manager Stanley Druckenmiller saidbitcoin could outperform gold.\n• Grayscale is a sister company to CoinDesk. **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: 2020-11-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $328,596,749,438 - Hash Rate: 135399801.26976258 - Transaction Count: 263573.0 - Unique Addresses: 589008.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.89 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MyEtherWallet CEO and Founder, Kosala Hemachandra, has brushed off concern following a major sell-off across the DeFi market that has seen it lose $1 billion in value. DeFi tokens like YFI and LINK have fallen exponentially since the peak in late August as investors being to switch focus back to Bitcoin in light of its rally above $13,000. The vast majority of DeFi tokens are built on Ethereum’s blockchain, which adds a fairly crucial variable in that when Ethereum 2.0 goes live, projects will be able to run more seamlessly amid scalability improvements. DeFi “We’ve seen huge drops in DeFi’s total locked value (TLV) before, and we’ll likely see them again.” Hemachandra said. “It’s easy to see these overnight or multi-day movements as a slowdown or to read too much into the market, but the reality is that DeFi is up over 1,700% this year in TLV. Price fluctuations aren’t unusual in new asset classes, and although DeFi’s certainly an experiment, it’s garnering interest that makes me immensely excited for its future.” In what has been eerily reminiscent to the 2017 bull run, altcoins like Ethereum and its subsequent erc-20 tokens have sold off against Bitcoin during the recent run. DeFi will likely recover when Bitcoin re-enters a period of consolidation as this is when traders will attempt to lock in profits and diversify into more speculative assets. For more news, guides and cryptocurrency analysis, click here .... - Reddit Posts (Sample): [['u/max_peterson_17', 'What will happen to bitcoin once people start to barely get rewarded for mining??', 27, '2020-11-29 00:14', 'https://www.reddit.com/r/Bitcoin/comments/k2xxsv/what_will_happen_to_bitcoin_once_people_start_to/', 'The blockchain is supported by miners, but every day we continually reach a point where mining becomes less rewarding. Although there will obviously be people still mining, how are we supposed to have everyone using a decentralized system that has little incentive to mine quickly?\n\nI’d love to be bullish on bitcoin, but this thought just came into my head the other day. Does anyone know of the solution to how to maintain a steady blockchain without bitcoin transactions becoming more centralized? Or changing the protocol to add more BTC?\n\nThank you for any response!', 'https://www.reddit.com/r/Bitcoin/comments/k2xxsv/what_will_happen_to_bitcoin_once_people_start_to/', 'k2xxsv', [['u/Manticlops', 33, '2020-11-29 00:17', 'https://www.reddit.com/r/Bitcoin/comments/k2xxsv/what_will_happen_to_bitcoin_once_people_start_to/gdxxfza/', 'The plan is for transaction fees to take over from the block subsidy, this is on-track to happen within the next few halvings.', 'k2xxsv'], ['u/Manticlops', 12, '2020-11-29 01:02', 'https://www.reddit.com/r/Bitcoin/comments/k2xxsv/what_will_happen_to_bitcoin_once_people_start_to/gdy5bn0/', "Bitcoin's incentives are structured such that, all else being equal, miners' profits tend to zero (better ones make money, less efficient ones fall by the wayside). The process is more about finding a way to do something useful with energy that would otherwise remain stranded.\n\nIt's not really possible to forecast how much fees will be, but it should be less than the cost of fiat. The answer requires knowledge of bitcoin's (and technology in general's) future development, as well as the level of demand. But it's fair to say that the more popular Bitcoin becomes, the more expensive on-chain fees will get.", 'k2xxsv'], ['u/daijorobu', 12, '2020-11-29 03:16', 'https://www.reddit.com/r/Bitcoin/comments/k2xxsv/what_will_happen_to_bitcoin_once_people_start_to/gdyqjin/', "Here is Satoshi's response to a similar question on the btc forums back in 2010 ([link](https://bitcointalk.org/index.php?topic=48.msg329#msg329)):\n\n*In a few decades when the reward gets too small, the transaction fee will become the main compensation for \\[mining\\] nodes. I’m sure that in 20 years there will either be very large transaction volume or no volume.*\n\n*–* *Satoshi Nakamoto*", 'k2xxsv']]], ['u/Young_Man1', 'Let’s say I bought bitcoins from an exchange (let’s go with coinbase) and then I exchanged those bitcoins for monero, but the person who received the bitcoins uses it to buy drugs. Are the bitcoins still tied to me?', 16, '2020-11-29 00:26', 'https://www.reddit.com/r/darknet/comments/k2y504/lets_say_i_bought_bitcoins_from_an_exchange_lets/', 'Speaking metaphorically. I’m not gonna do this. I always buy on Localbitcoin or localmonero. Just a fun question.', 'https://www.reddit.com/r/darknet/comments/k2y504/lets_say_i_bought_bitcoins_from_an_exchange_lets/', 'k2y504', [['u/DigitalTorture', 11, '2020-11-29 00:49', 'https://www.reddit.com/r/darknet/comments/k2y504/lets_say_i_bought_bitcoins_from_an_exchange_lets/gdy2xbw/', 'Probably', 'k2y504'], ['u/[deleted]', 14, '2020-11-29 04:36', 'https://www.reddit.com/r/darknet/comments/k2y504/lets_say_i_bought_bitcoins_from_an_exchange_lets/gdz0rd3/', 'Why do you think DNMs are moving to XMR?\n\nSame reason everyone with any sense is.', 'k2y504']]], ['u/ImperiumAeternum_', 'Thoughts on inflation and tail emission', 22, '2020-11-29 00:45', 'https://www.reddit.com/r/Monero/comments/k2yh1r/thoughts_on_inflation_and_tail_emission/', "People often see tail emission as inflation, but that's half-truth, if you think about it. Bitcoin launched in 2009, and after 10 years we have from 3 to 5 millions lost bitcoins - from \\~12 to \\~25% of total amount. Monero's tail emission will be around 1.5% of total amount yearly. Therefore it probably won't be actually inflation as increase of money supply, but compensation of lost money. Number of money in circulation will be pretty much the same.", 'https://www.reddit.com/r/Monero/comments/k2yh1r/thoughts_on_inflation_and_tail_emission/', 'k2yh1r', [['u/dEBRUYNE_1', 19, '2020-11-29 00:52', 'https://www.reddit.com/r/Monero/comments/k2yh1r/thoughts_on_inflation_and_tail_emission/gdy3gvw/', 'I personally like u/rbrunner7\'s gold analogy:\n\n>When it comes to questions of supply and price, I quite like the comparison between gold and Monero.\n\n>Of course the gold on Earth is not strictly unlimited, but we won\'t run out of gold to mine soon. Gold has something that you could compare with Monero\'s tail emission: Every year some gold is added to all the gold that is already mined.\n\n>Does this fact depress the gold price? Does it scare gold holders that every year new gold enters the markets and "dilutes" their holdings a bit? Don\'t think so.\n\n>If you look at the price of gold over the years, it\'s up and down. Sometimes many people sell their gold for other things, and the price becomes depressed. In other times people start to chase gold and drive the price up. This goes on for decades already, up and down.\n\n>I would expect something similar for Monero.', 'k2yh1r'], ['u/alive_consequence', 13, '2020-11-29 03:29', 'https://www.reddit.com/r/Monero/comments/k2yh1r/thoughts_on_inflation_and_tail_emission/gdyskdr/', "Monero's inflation won't be 1.5% per year. The reward will continue diminishing each block until we hit a permanent 0.6 XMR reward per block, so Monero is actually d̶e̶f̶l̶a̶t̶i̶o̶n̶a̶r̶y̶ disinflationary, since the total supply grows but the reward remains .6 XMR, so the reward is a smaller % of the total supply.\n\nJust like a permanent reward of 1 will be 1% when the total supply is 100, 0.9% when total supply is 110 and so on.\n\n1/100 = 1%\n\n1/110 = 0.9%\n\n1/200 = 0.5%\n\n1/∞ = 0%", 'k2yh1r'], ['u/[deleted]', 10, '2020-11-29 04:24', 'https://www.reddit.com/r/Monero/comments/k2yh1r/thoughts_on_inflation_and_tail_emission/gdyz9wo/', 'He’s pretty darn good with words generally IMO\n\nhttps://rbrunner7.github.io', 'k2yh1r'], ['u/sech1', 10, '2020-11-29 09:46', 'https://www.reddit.com/r/Monero/comments/k2yh1r/thoughts_on_inflation_and_tail_emission/ge02bbs/', 'The correct term is "disinflationary": [https://en.wikipedia.org/wiki/Disinflation](https://en.wikipedia.org/wiki/Disinflation)', 'k2yh1r']]], ['u/TheDumbTwin', 'My twin brother invested in Bitcoin, while I invested in Silver. His net worth is now more than 100x mine.', 47, '2020-11-29 01:50', 'https://www.reddit.com/r/Silverbugs/comments/k2zlay/my_twin_brother_invested_in_bitcoin_while_i/', 'Posting on a throwaway account, for obvious reasons.\n\nIn 2013, my uncle passed away from pancreatic cancer. In his will, he left my twin brother and I $100,000 each. \n\nMy brother and I were talking about our different investments at the time, and how we were going to invest our new money. For the last decade or so, I’ve been a silver bug, and I argued that silver was, IMO, the best alternative investment to stocks and bonds. He had just learned about Bitcoin and was adamant that the return could be exponential. I had vehemently argued against Bitcoin, saying that it was pure speculation and would be a total waste of money. \n\nWell, he ended up investing about 50k into Bitcoin around then (when Bitcoin was ~$100 each), for over 500 coins. I, on the other, invested most of it into stocks, and about 30k into silver. \n\nMy brother has never sold any of his Bitcoins. He’s never even traded them for other crypto currencies. His job pays him very well very, so he’s never really had liquidity issues. He has still 500+ coins. \n\nMy 30k investment into silver in 2013 is now worth about 26k, and my entire net worth is below 100k. My brother’s 50k Bitcoin investment, however (which was made within months of the same time as my silver investment), is now worth over $10 million. His wealth in Bitcoin alone is more than 100 times greater than my entire net worth.\n\nHe’s going to retire soon. He will be selling his house, and live and an investor. He plans to travel a lot with the wife and kids, and it seems like his life is set. \n\nNow, he did give me one Bitcoin. And I will not sell it. As happy as I am for him, though, it really hurts to hear about his fortune and bright future, and not be jealous. I’ve stopped attending family events (him too), because I can’t get over the overwhelming thought of “hey, you should’ve done what your brother did”, at every waking moment. It’s extremely depressing. I try to be thankful for what I do have, and I try to be thankful since I know that many other people in the world have it way worse. But I don’t know if I’ll ever get over it. Whenever I’m working, I try to distract myself from the thought that “if you made the same investment, you wouldn’t have to work anymore,” but the thought always keeps coming back. \n\nAny advice?', 'https://www.reddit.com/r/Silverbugs/comments/k2zlay/my_twin_brother_invested_in_bitcoin_while_i/', 'k2zlay', [['u/spatialsilver88', 10, '2020-11-29 03:37', 'https://www.reddit.com/r/Silverbugs/comments/k2zlay/my_twin_brother_invested_in_bitcoin_while_i/gdyto88/', "My advice is to never put all of your eggs in one basket. You didn't have to choose between silver and crypto. You could have done both. Diversify. I have silver, gold, crypto, real estate and stocks all in my financial portfolio. It sucks you missed out on being set for life, but you live and you learn. No sense in dwelling on it. Learn from it and move on. Best of luck to you friend.", 'k2zlay'], ['u/tonysilverado', 35, '2020-11-29 03:53', 'https://www.reddit.com/r/Silverbugs/comments/k2zlay/my_twin_brother_invested_in_bitcoin_while_i/gdyvhjb/', 'Your brother did a very stupid thing, but he got ... 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 to USD, rose by 2.54% on Sunday. Following on from a 3.35% gain on Saturday, Bitcoin ended the week down by 1.05% to $18,196.\nA mixed start to the day saw Bitcoin fall to an early morning low $17,556.0 before making a move.\nSteering clear of the first major support level at $17,144, Bitcoin rallied to a late intraday high $18.344.0.\nBitcoin broke through the first major resistance level at $18,129. A late pullback, however, saw Bitcoin fall back through the first major resistance level before wrapping up the day at $18,190 levels.\nThe near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nRipple’s XRPfell by 3.36% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nLitecoinrallied by 8.58% to lead the way.\nBinance Coin(+3.14%),Ethereum(+7.21%), and Polkadot (+3.53%) also found strong support.\nBitcoin Cash SV(+0.30%),Cardano’s ADA(+0.89%),Chainlink(+2.22%), andCrypto.com Coin(+1.54%) saw relatively modest gains on the day.\nIt was also a mixed bag for the week.\nBitcoin Cash SV (-5.83%), Chainlink (-7.77%), Crypto.com Coin (-6.11%), Litecoin (-4.76%), and Polkadot (-4.63%) joined Bitcoin in the red.\nIt was a bullish week for the rest of the majors, however.\nRipple’s XRP surged by 35.79% to lead the way, with Cardano’s ADA rallying by 14.13%.\nBinance Coin (+0.18%), Ethereum (+2.85%) trailed the front runners, however.\nAt the start of the week, the crypto total market cap rose from a Monday low $538.06bn to a Monday high $547.50bn. At the time of writing, the total market cap stood at $547.21bn.\nBitcoin’s dominance fell from a Monday high 62.80% to a low of 62.41%. At the time of writing, Bitcoin’s dominance stood at 62.64%.\nAt the time of writing, Bitcoin was up by 1.39% to $18,449.0. A bullish start to the day saw Bitcoin rise from an early morning low $18,196.0 to a high $18,481.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Polkadot was down by 1.09% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ripple’s XRP was up by 4.37% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $18,032 to bring the first major resistance level at $18,508 into play.\nSupport from the broader market would be needed for Bitcoin to break through to $18,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $19,000 before any pullback. The second major resistance level sits at $18,820.\nFailure to avoid a fall through the $18,032 pivot would bring the first major support level at $17,720 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,244.\nThisarticlewas originally posted on FX Empire\n• US Dollar Index (DX) Futures Technical Analysis Forecast – Next Major Downside Target 90.810\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 30th, 2020\n• The Week Ahead – Economic Data, COVID-19 Vaccine Updates, and Brexit in Focus\n• The Weekly Wrap – COVID-19 Vaccine News Supported Riskier Assets in the Week\n• Three Chip Stocks Hitting New Highs\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – November 30th, 2020', 'Bitcoin , BTC to USD, rose by 2.54% on Sunday. Following on from a 3.35% gain on Saturday, Bitcoin ended the week down by 1.05% to $18,196. A mixed start to the day saw Bitcoin fall to an early morning low $17,556.0 before making a move. Steering clear of the first major support level at $17,144, Bitcoin rallied to a late intraday high $18.344.0. Bitcoin broke through the first major resistance level at $18,129. A late pullback, however, saw Bitcoin fall back through the first major resistance level before wrapping up the day at $18,190 levels. The near-term bullish trend remained intact, in spite of the latest slide back to sub-$17,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $9,920 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Ripple’s XRP fell by 3.36% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Litecoin rallied by 8.58% to lead the way. Binance Coin (+3.14%), Ethereum (+7.21%), and Polkadot (+3.53%) also found strong support. Bitcoin Cash SV (+0.30%), Cardano’s ADA (+0.89%), Chainlink (+2.22%), and Crypto.com Coin (+1.54%) saw relatively modest gains on the day. It was also a mixed bag for the week. Bitcoin Cash SV (-5.83%), Chainlink (-7.77%), Crypto.com Coin (-6.11%), Litecoin (-4.76%), and Polkadot (-4.63%) joined Bitcoin in the red. It was a bullish week for the rest of the majors, however. Ripple’s XRP surged by 35.79% to lead the way, with Cardano’s ADA rallying by 14.13%. Binance Coin (+0.18%), Ethereum (+2.85%) trailed the front runners, however. At the start of the week, the crypto total market cap rose from a Monday low $538.06bn to a Monday high $547.50bn. At the time of writing, the total market cap stood at $547.21bn. Bitcoin’s dominance fell from a Monday high 62.80% to a low of 62.41%. At the time of writing, Bitcoin’s dominance stood at 62.64%. Story continues This Morning At the time of writing, Bitcoin was up by 1.39% to $18,449.0. A bullish start to the day saw Bitcoin rise from an early morning low $18,196.0 to a high $18,481.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Polkadot was down by 1.09% to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was up by 4.37% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $18,032 to bring the first major resistance level at $18,508 into play. Support from the broader market would be needed for Bitcoin to break through to $18,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $19,000 before any pullback. The second major resistance level sits at $18,820. Failure to avoid a fall through the $18,032 pivot would bring the first major support level at $17,720 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,244. This article was originally posted on FX Empire More From FXEMPIRE: US Dollar Index (DX) Futures Technical Analysis Forecast – Next Major Downside Target 90.810 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 30th, 2020 The Week Ahead – Economic Data, COVID-19 Vaccine Updates, and Brexit in Focus The Weekly Wrap – COVID-19 Vaccine News Supported Riskier Assets in the Week Three Chip Stocks Hitting New Highs EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – November 30th, 2020', "NEW YORK, NY / ACCESSWIRE / November 29, 2020 / Digital Reserve Currency (DRC) was designed to become a decentralized digital store of value with a limited supply and a zero inflation rate. It was created during the COVID-19 crisis when fiscal and monetary policies have exposed serious vulnerabilities in the current financial system. The concept of the Digital Reserve Currency was developed by Maxim Nurov , CEO of Digital Finance, Washington, DC, a financial company that specializes in the digital assets market. DRC has a few unique characteristics that differentiate it from other digital assets. First, DRC has a purely deflationary economic model. 100% of the total DRC supply was issued to the secondary market and no more DRC tokens will ever be created. Second, DRC has a fair distribution model. All the DRC supply of 1 Billion indivisible tokens was issued directly to the market. DRC founders/developers never received any funds from investors in any form and never retained any tokens before the whole token supply became available on the market. Third, DRC had a community-driven ecosystem from the day one. No one has control over DRC as DRC has fully decentralized structure. The DRC Foundation has been created by the DRC community to define the strategy and the road map of the DRC ecosystem development. Finally, DRC token is fully developed and operational. Its smart contract has been audited by a trusted blockchain development firm and does not contain any security issues. Built using Solidity, DRC's code cannot be altered since being deployed on the blockchain. DRC has a robust value proposition as a potential digital store of value. As global markets experience inflation, DRC provides economic scarcity and a zero-inflation rate. In accordance with the DRC road map, DRC holders should be able to link the value of their tokens to a basket of the most efficient store of value assets such as gold, Bitcoin, and the US dollar, as soon as in Q1 2021. Story continues DRC was designed to provide a steady increase in its intrinsic value and act as a useful hedge against inflation. It fits the needs of people looking to preserve their wealth, especially in developing countries, while still having the flexibility of immediate, cross-border, and censorship-resistant transfers. Media contact Company: DRC Foundation Contact: Maxim Nurov Phone: +1 202 618 0260 Email: [email protected] Website: https://drc.foundation/ SOURCE: DRC Foundation View source version on accesswire.com: https://www.accesswire.com/618727/Digital-Reserve-Currency-DRC-is-Set-to-Become-a-Global-Decentralized-Store-of-Value", "NEW YORK, NY / ACCESSWIRE / **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: 2020-11-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $328,596,749,438 - Hash Rate: 107610727.917311 - Transaction Count: 256551.0 - Unique Addresses: 623554.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ray Dalio, the founder and co-chairman of Bridgewater Associates, the world’s largest hedge fund,saidhe sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they start to become “material.” In aninterviewwith Yahoo Finance, Dalio said he expects more digitized versions of government-issued currencies in the future thanbitcoinand other cryptocurrencies for three reasons: 1. A lack of venues that will accept cryptocurrencies for purchase. “I today can’t take my bitcoin yet and buy things easily with it.” 2. Bitcoin and other cryptos are too volatile to be considered an effective store of wealth. That volatility also hurts bitcoin’s use transactionally because vendors won’t know how much they’re getting, Dalio said. 3. If bitcoin or other cryptos become “material,” Dalio predicted governments will “outlaw” it. “They’ll use whatever teeth they have to enforce that.” “I don’t think digital currencies will succeed in the way people hope they would,” Dalio said. Related:First Mover: Bitcoin Breaches $16K as (Committed) Holders Diss Dalio's Diss The comments are at odds with comments made by other billionaire investors includingPaul Tudor JonesandStanley Druckenmillerwho say they’ve invested in bitcoin. “Would I prefer bitcoin to gold? No,” Dalio said. • Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’ • Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’ • Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’... - Reddit Posts (Sample): [['u/Squadrist1', 'Anarcho-capitalism already exists in real life, and proves how dystopian it is', 35, '2020-11-30 00:01', 'https://www.reddit.com/r/CapitalismVSocialism/comments/k3jgam/anarchocapitalism_already_exists_in_real_life_and/', 'Anarcho-capitalism is the most idealistic version of capitalism right-libertarians can think of: A society where all trade happens voluntarily, private property is untouched and secure, and people aren\'t forced to pay (taxes) to anyone. At least, that is what ancaps envision it to be and what they strive for, which they intend to do so by getting rid of the government and keep the peace through the NAP. However, without them knowing it, anarcho-capitalism is already being practiced, everywhere around the world. In what way, you might ask. Well, through crime, mainly illegal trade and the underground economy as a whole.\n\nIn my analysis, I define anarcho-capitalism as the following: an economy where the means of production are privately owned and controlled and resources are allocated through a market mechanism, but in absence of a central government who enforces the private property rights: People have to enforce it themselves or hire an agency themselves who would do it for them (like a PMC). This is the core functioning of anarcho-capitalism without all the whistles and bells to make it look appealing.\n\nNow, how is the underground/illegal market an example of anarcho-capitalism? Simple: because possession of illegal commodities is illegal, ownership of it wont be protected by the government. If someone steals your coke, you cant call the cops on them and have them arrested. Despite that, you can trade for illegal goods with common currency (often even currency that cant inflate like fiat, like bitcoin or other cryptocurrencies, which conveniently resemble how gold would be used ideally as a currency in ancapistan), and, more importantly, you can even run a business producing illegal commodities like drugs, guns, etc, or supply services like hitman-for-hire. These businesses, especially drug cartels, often have their own little state (which is a collection of armed guards and armed personel) with which they force the people who deliver the drugs to return the profit to their boss: if the deliverer keeps all the money he gets from the client, his boss doesnt make a profit on his production, so he would send his armed personel to punish the deliverer and return the profit to the business owner. In essence, the drug cartel enforces its private property rights by itself. \n\nI think I made it obvious enough how the black market is anarcho-capitalism in practice, and shows how dystopian the concept really is (unless you think working for a drugs cartel is a chill life where you certainly arent constantly in danger of getting your head blown off by your own boss if you disobey him, let alone the clear violence you are forced to commit for your wage), but I can hear ancaps coming: "You forgot about the NAP. With the NAP, nobody would harm other people", *assuming the NAP is a natural phenomenon*. The criminal underworld demonstrates how the NAP cant persist in an anarchic competitive environment. First of all, in order for there to be a non-aggression pact between organisations, there needs to be trust. Said trust can never be guaranteed, since the interests of the different (criminal) enterprises are in conflict with each other: they both want to maximize their profits, which can only be done by having the most amount of costumers possible. Coke is coke, some produce better coke than others, but at the end of the day, people are looking for affordable coke. Out of the coke consumers, the only way to gain more is to steal them from competing cartels. Because both cartels require as much profit as possible in order to pay for the production for goods AND keep the guards well-paid to enforce your private property, the stealing of market share brings the existence of the cartel and the power of the cartel boss at stake. In other words, conflict is inevitable, and everything is at stake, so all the cards get laid on deck, including aggression, in the form of assassinations and gang wars. \n\nAnother point Id like to mention, is that when trust (the NAP) is broken, you cant expect all the corporations to keep trusting those who didn\'t go rogue, especially when violation of the NAP occurs more than once. Afterall, how can they trust one another when some are bound to break that trust to take advantage of you, especially because of all these incentives that motivate them to get on top of one another? And when trust is broken for all, it becomes a free-for-all game, where trust can only be bought and you always have to watch your back and, of course, your private property.\n\nIn conclusion, an anarcho-capitalist society is bound to fall in utter chaos through privatised enforcement of private property rights that is unable to keep the peace, thanks to the incentives provided by the capitalist economy. However not only a great parallel can be drawn with the course of the black market and it\'s criminal underworld, but in this perspective also with different nation-states fighting over resources, as they have always had and *still* do to this day.\n\nIf anyone has arguments to add, comment them and I may include them in the post.', 'https://www.reddit.com/r/CapitalismVSocialism/comments/k3jgam/anarchocapitalism_already_exists_in_real_life_and/', 'k3jgam', [['u/nikolakis7', 17, '2020-11-30 00:28', 'https://www.reddit.com/r/CapitalismVSocialism/comments/k3jgam/anarchocapitalism_already_exists_in_real_life_and/ge3e1sb/', "That's like saying socialism already exists today because you can just disrespect private property laws.", 'k3jgam'], ['u/Deathdragon228', 23, '2020-11-30 00:41', 'https://www.reddit.com/r/CapitalismVSocialism/comments/k3jgam/anarchocapitalism_already_exists_in_real_life_and/ge3flyz/', 'You yourself explained the reason the black market isn’t anarcho capitalism. It’s forced underground by the state. Due to it being Illegal, legitimately honest and good people are pushed away from it, resulting in it attracting less than savory individuals.', 'k3jgam']]], ['u/beachguy84', 'When should I buy?', 16, '2020-11-30 00:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/k3jpau/when_should_i_buy/', "I'm new to bitcoin and have some extra cash on hand. I'm not rich by any means, but have an extra 20k to invest. When should I buy? It's current evaluation is quite high. I was hoping to buy in the 10k range. I've read a ton of various predictions, but they are merely that. Predictions. Any insight is greatly appreciated. Additionally, I plan on going with coinbase.", 'https://www.reddit.com/r/BitcoinBeginners/comments/k3jpau/when_should_i_buy/', 'k3jpau', [['u/ArchiMode25', 21, '2020-11-30 01:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/k3jpau/when_should_i_buy/ge3izcg/', 'IF the 4 year cycle holds true the the next 2-3 months will be the lowest you could purchase BTC for. There is a chance the price will never be 10k again but at the same time it could be there within the next month. Id suggest lump sum on 50% of that and then weekly buys for the other 50%. Like the other user suggested. So 50/50 lump/DCA.', 'k3jpau'], ['u/Leading_Zeros', 22, '2020-11-30 02:13', 'https://www.reddit.com/r/BitcoinBeginners/comments/k3jpau/when_should_i_buy/ge3phh4/', '$2.3 trillion hedge fund market\n\n$10 trillion gold market\n\n$4.5 trillion cash market\n\n$16.7 trillion offshore deposit market\n\n$217 trillion global real estate\n\n$110 trillion global monetary base\n\n*bitcoin today $340 billion*\n\nLong term price charts are the place to start:\n\n[https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/](https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/)\n\n[https://s2f.hamal.nl/s2fcharts.html](https://s2f.hamal.nl/s2fcharts.html)\n\nIf anyone wants a 17 minute crash course on Bitcoin economics than these 2 articles are excellent-\n\n[https://medium.com/@jimmysong/why-bitcoin-is-different-e17b813fd947](https://medium.com/@jimmysong/why-bitcoin-is-different-e17b813fd947)\n\n[https://medium.com/@jimmysong/why-bitcoin-works-fe32879a73f5](https://medium.com/@jimmysong/why-bitcoin-works-fe32879a73f5)\n\nIf you have a few more minutes read these 2 articles :\n\n[https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1](https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1)\n\n[https://medium.com/the-bitcoin-times/bitcoin-and-the-tyranny-of-time-scarcity-1d1550dfd8b0](https://medium.com/the-bitcoin-times/bitcoin-and-the-tyranny-of-time-scarcity-1d1550dfd8b0)\n\nFor the ten-thousand foot view of where Bitcoin fits into the history of money, check out this article series:\n\n[https://medium.com/@breedlove22/money-bitcoin-and-time-part-1-of-3-b4f6bb036c04](https://medium.com/@breedlove22/money-bitcoin-and-time-part-1-of-3-b4f6bb036c04)\n\nAUDIO: [https://anchor.fm/thecryptoconomy/episodes/Money--Bitcoin---Time---by-Robert-Breedlove-e9avia](https://anchor.fm/thecryptoconomy/episodes/Money--Bitcoin---Time---by-Robert-Breedlove-e9avia)\n\nIf you are ready to go down the rabbit hole of knowledge Learn more here –\n\n[https://www.lopp.net/bitcoin-information.html](https://www.lopp.net/bitcoin-information.html)\n\n[https://www.lopp.net/lightning-information.html](https://www.lopp.net/lightning-information.html)\n\n[https://10hoursofbitcoin.com/](https://10hoursofbitcoin.com/)\n\n[https://nakamotoinstitute.org/mempool/series/gradually-then-suddenly/](https://nakamotoinstitute.org/mempool/series/gradually-then-suddenly/)\n\n[https://wtfhappenedin1971.com/](https://wtfhappenedin1971.com/)\n\n[https://www.bitcoinaudiobook.com/](https://www.bitcoinaudiobook.com/)\n\n[https://whatismoney.info/](https://whatismoney.info/)\n\n[https://bitcoin-resources.com](https://bitcoin-resources.com/)\n\n[https://www.bitcoin101... 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:** ["Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removingtrading fees.\nAnnounced today,LVL(pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano andbitcoinadvocates Jimmy Song and Willy Woo, previously had no trading fees but only for subscription users.\nLVL is also partnering with Mastercard to release two debit cards in early 2021. A standard plastic debit card will be available to free-tier users for a $10 issuing fee, while a metal Mastercard is included with three months of LVL’s Premium service.\nRelated:Crypto.com Takes Steps Toward Financial Licensure in Malta\nThe new features come as bitcoin is hittingall-time highs.\n“We’ve always been behind a subscription paywall but now we’re just making our entire service free to use,” said LVL CEO Chris Slaughter. “You can buy and sell bitcoin, you can use the plastic debit card. So now in North America, there’s a regulated exchange that’s 100% free to use.”\nRead more:Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know\nLVL’s point is that large U.S. exchanges like Coinbase and Gemini with remarkably similarpricingschemescreate a lack of competition. If it takes a scrappy minnow with just $2.5 million raised to date to disrupt the monopoly effects of these crypto exchanges, Slaughter said, then bring it on.\nRelated:Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation\n“We are a super scrappy business contender by nature,” he said. “Like, we only have seven people but we have the first Mastercard approval in North America. We’re registered with FinCEN. And not only do we have bank accounts, they are full checking accounts.” (LVL also provides FDIC insurance on those accounts through banking platform Evolve, Slaughter said.)\nThe exchange makes its money, Slaughter explained, by charging $3 for withdrawals, which primarily covers network fees. (Coinbase chargesa $1-$5 network fee.) The trading platform also charges $5 for same-day bank transfers and wires, which covers the exchange’s risk provisioning credit to users and generates some income for LVL, Slaughter said.\nThe premium service at $9 per month, which also includes live-chat facility with a banker, is the means by which LVL Autopilot brings liquidity to the platform. The system runs industry-standard market-making algorithms, providing liquidity to traders and generating passive income for the Autopilot user, says Slaughter.\n“Based on our current number of pro users, and the way we expect liquidity to grow following this announcement, we expect to pass Coinbase’s liquidity within the 2% band in January,” said Slaughter.\nRead more:5 Reasons Why Bitcoin Just Hit an All-Time High Price\nFor now, LVL is available in 28 states and territories representing 60% of the U.S population, and is expected to service 94% of Americans by the end of 2021, Slaughter said.\n“William [Woo] and Jimmy [Song] were involved so freakishly early that they actually have founder shares,” said Slaughter. “Pomp got involved in the second half of last year and we have regular weekly meetings with him to talk about marketing.”\nSong said the aim is to even the playing field for users who are currently being scalped for fees.\n“Level is a revolutionary exchange that will change the game,” Song said via email. “Unlimited trading allows for really interesting innovations like an autopilot market-making which will give users a return on their Bitcoin.”\n• Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini\n• Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini", "Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees . Announced today, LVL (pronounced \x93level,\x94 as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital\x92s Anthony Pompliano and bitcoin advocates Jimmy Song and Willy Woo, previously had no trading fees but only for subscription users. LVL is also partnering with Mastercard to release two debit cards in early 2021. A standard plastic debit card will be available to free-tier users for a $10 issuing fee, while a metal Mastercard is included with three months of LVL\x92s Premium service. Related: Crypto.com Takes Steps Toward Financial Licensure in Malta The new features come as bitcoin is hitting all-time highs . \x93We\x92ve always been behind a subscription paywall but now we\x92re just making our entire service free to use,\x94 said LVL CEO Chris Slaughter. \x93You can buy and sell bitcoin, you can use the plastic debit card. So now in North America, there\x92s a regulated exchange that\x92s 100% free to use.\x94 Read more: Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know LVL\x92s point is that large U.S. exchanges like Coinbase and Gemini with remarkably similar pricing schemes create a lack of competition. If it takes a scrappy minnow with just $2.5 million raised to date to disrupt the monopoly effects of these crypto exchanges, Slaughter said, then bring it on. Related: Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation \x93We are a super scrappy business contender by nature,\x94 he said. \x93Like, we only have seven people but we have the first Mastercard approval in North America. We\x92re registered with FinCEN. And not only do we have bank accounts, they are full checking accounts.\x94 (LVL also provides FDIC insurance on those accounts through banking platform Evolve, Slaughter said.) Story continues Revenue model The exchange makes its money, Slaughter explained, by charging $3 for withdrawals, which primarily covers network fees. ( Coinbase charges a $1-$5 network fee.) The trading platform also charges $5 for same-day bank transfers and wires, which covers the exchange\x92s risk provisioning credit to users and generates some income for LVL, Slaughter said. The premium service at $9 per month, which also includes live-chat facility with a banker, is the means by which LVL Autopilot brings liquidity to the platform. The system runs industry-standard market-making algorithms, providing liquidity to traders and generating passive income for the Autopilot user, says Slaughter. \x93Based on our current number of pro users, and the way we expect liquidity to grow following this announcement, we expect to pass Coinbase\x92s liquidity within the 2% band in January,\x94 said Slaughter. Read more: 5 Reasons Why Bitcoin Just Hit an All-Time High Price For now, LVL is available in 28 states and territories representing 60% of the U.S population, and is expected to service 94% of Americans by the end of 2021, Slaughter said. \x93William [Woo] and Jimmy [Song] were involved so freakishly early that they actually have founder shares,\x94 said Slaughter. \x93Pomp got involved in the second half of last year and we have regular weekly meetings with him to talk about marketing.\x94 Song said the aim is to even the playing field for users who are currently being scalped for fees. \x93Level is a revolutionary exchange that will change the game,\x94 Song said via email. \x93Unlimited trading allows for really interesting innovations like an autopilot market-making which will give users a return on their Bitcoin.\x94 Related Stories Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini", "Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removingtrading fees.\nAnnounced today,LVL(pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano andbitcoinadvocates Jimmy Song and Willy Woo, previously had no trading fees but only for subscription users.\nLVL is also partnering with Mastercard to release two debit cards in early 2021. A standard plastic debit card will be available to free-tier users for a $10 issuing fee, while a metal Mastercard is included with three months of LVL’s Premium service.\nRelated:Crypto.com Takes Steps Toward Financial Licensure in Malta\nThe new features come as bitcoin is hittingall-time highs.\n“We’ve always been behind a subscription paywall but now we’re just making our entire service free to use,” said LVL CEO Chris Slaughter. “You can buy and sell bitcoin, you can use the plastic debit card. So now in North America, there’s a regulated exchange that’s 100% free to use.”\nRead more:Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know\nLVL’s point is that large U.S. exchanges like Coinbase and Gemini with remarkably similarpricingschemescreate a lack of competition. If it takes a scrappy minnow with just $2.5 million raised to date to disrupt the monopoly effects of these crypto exchanges, Slaughter said, then bring it on.\nRelated:Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation\n“We are a super scrappy business contender by nature,” he said. “Like, we only have seven people but we have the first Mastercard approval in North America. We’re registered with FinCEN. And not only do we have bank accounts, they are full checking accounts.” (LVL also provides FDIC insurance on those accounts through banking platform Evolve, Slaughter said.)\nThe exchange makes its money, Slaughter explained, by charging $3 for withdrawals, which primarily covers network fees. (Coinbase chargesa $1-$5 network fee.) The trading platform also charges $5 for same-day bank transfers and wires, which covers the exchange’s risk provisioning credit to users and generates some income for LVL, Slaughter said.\nThe premium service at $9 per month **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: 2020-12-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $361,384,864,100 - Hash Rate: 144750713.6586838 - Transaction Count: 378068.0 - Unique Addresses: 841581.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus... - Reddit Posts (Sample): [['u/Xanaxtastrophy', 'Why do we say Bitcoin is instant?', 15, '2020-12-01 00:59', 'https://www.reddit.com/r/BitcoinBeginners/comments/k48s38/why_do_we_say_bitcoin_is_instant/', 'When talking about Bitcoin and the blockchain we often talk about how Bitcoin is a form of instantaneous payment. But depending on the fees involved it can actually take hours. \n\nCan someone help me understand this concept?', 'https://www.reddit.com/r/BitcoinBeginners/comments/k48s38/why_do_we_say_bitcoin_is_instant/', 'k48s38', [['u/584_Bilbo', 14, '2020-12-01 01:18', 'https://www.reddit.com/r/BitcoinBeginners/comments/k48s38/why_do_we_say_bitcoin_is_instant/ge7gz8b/', "Yes, when there's a lot of buying and selling going on the transaction times and fees can get carried away. That's why the lightning network was created. It makes bitcoin transactions very fast (milliseconds to a few minutes at worst). Imagine you have relatives that need money but they're on the other side of the world. With bitcoin, it doesn't matter if it's 3 a.m. If you want to send money, you enter the address and hit send. No middleman has any authority whatsoever to stop it. That's why they call it instant. No processing or waiting for approval from the bank/western union.", 'k48s38']]], ['u/webupnz', 'MISSED OPPORTUNITY', 13, '2020-12-01 00:59', 'https://www.reddit.com/r/Bitcoin/comments/k48s4q/missed_opportunity/', 'My sister emailed me on 4th November 2013 about BTC when it was $270 NZD (USD $189) \nHer friend had started a significant mining operation and brokerage service at the time. \n\n\nOf course I didnt do anything with it and instead had spent thousands of dollars building several PC rigs that were running 24/7 doing Folding@home!!!!! \n\n\nOh how I wish I was mining BTC back then instead of folding!!! \nBTC ATH FML', 'https://www.reddit.com/r/Bitcoin/comments/k48s4q/missed_opportunity/', 'k48s4q', [['u/cedarrapidsiaus', 22, '2020-12-01 01:03', 'https://www.reddit.com/r/Bitcoin/comments/k48s4q/missed_opportunity/ge7f9ri/', 'buying bitcoin under 25k = another huge opportunity', 'k48s4q'], ['u/webupnz', 11, '2020-12-01 01:08', 'https://www.reddit.com/r/Bitcoin/comments/k48s4q/missed_opportunity/ge7fxje/', 'in 2020 it would be a complete waste of time', 'k48s4q']]]]... 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:** ['By Gertrude Chavez-Dreyfuss and Suzanne Barlyn NEW YORK (Reuters) - The dollar sank to a fresh 2-1/2-year low in choppy trading on Wednesday, weighed down by expectations of further fiscal stimulus for the United States. The greenback, however, last traded little changed to slightly lower on the day amid wrangling in Congress over additional coronavirus aid. Republicans and Democrats in Congress remained unable to reach agreement on more relief for the U.S. economy on Wednesday, with top Republicans supporting what the Senate\'s top Democrats dismissed as an "inadequate, partisan proposal." Treasury Secretary Steven Mnuchin said President Donald Trump supported a proposal put forth by Republican Majority Leader Mitch McConnell after the latter on Tuesday rejected a $908 billion bipartisan package. For months, McConnell has pushed for a $500 billion plan that Democrats rejected as insufficient. Democratic leaders, however, said on Wednesday a bipartisan coronavirus aid plan should be the basis for immediate negotiations in the U.S. Congress. "Generally, the theme has been positive and the bipartisan plan gives us a base for further stimulus talks," said Amo Sahota, executive director at currency advisory firm Klarity FX in San Francisco. "But quite honestly, I am not convinced by the stimulus plans. I think they\'re still far away from a deal from what we can tell," he added. In afternoon trading, the dollar index was 0.1% lower at 91.115 , after earlier hitting 91.094, the lowest since late April 2018. Wednesday\'s data showing slower U.S. private hiring last month supported some safe-haven buying of the dollar earlier in the session. Private payrolls increased by 307,000 jobs in November, the ADP National Employment Report showed, lower than economists\' forecast for a 410,000 rise. Data for October, though, was revised up to show 404,000 jobs added instead of the initially reported 365,000. Analysts said the ADP report, while disappointing, had positive elements. Story continues Adding to the positive risk sentiment was Britain\'s approval of Pfizer Inc\'s COVID-19 vaccine on Wednesday, jumping ahead of the rest of the world in the race to begin the most crucial mass inoculation program in history. The euro, meanwhile, was up 0.2% at $1.2098, after earlier hitting $1.2108, the highest since late April 2018. The European Central Bank meets next week and analysts said the ECB could act to stem the currency\'s rapid rise. Against the yen, the dollar rose 0.2% to 104.52, after the Bank of Japan signaled its readiness to extend pandemic-response programs. Bitcoin was up 1.6% at $19,061, after hitting a record high of $19,918.01 on Tuesday. Sterling fell as Britain and the European Union quickly approached a make-or-break moment in trade talks, with investors uncertain a deal will be reached. [GBP/] The pound last traded down 0.5% against the dollar at $1.3361. The risk-sensitive Aussie dollar rose 0.4% versus the greenback to US$0.7402 as data showed Australia\'s economy rebounded more than expected in the third quarter. (Reporting by Gertrude Chavez-Dreyfuss and Suzanne Barlyn; Editing by Will Dunham, Jonathan Oatis and Dan Grebler)', 'By Gertrude Chavez-Dreyfuss and Suzanne Barlyn\nNEW YORK (Reuters) - The dollar sank to a fresh 2-1/2-year low in choppy trading on Wednesday, weighed down by expectations of further fiscal stimulus for the United States.\nThe greenback, however, last traded little changed to slightly lower on the day amid wrangling in Congress over additional coronavirus aid.\nRepublicans and Democrats in Congress remained unable to reach agreement on more relief for the U.S. economy on Wednesday, with top Republicans supporting what the Senate\'s top Democrats dismissed as an "inadequate, partisan proposal."\nTreasury Secretary Steven Mnuchin said President Donald Trump supported a proposal put forth by Republican Majority Leader Mitch McConnell after the latter on Tuesday rejected a $908 billion bipartisan package.\nFor months, McConnell has pushed for a $500 billion plan that Democrats rejected as insufficient.\nDemocratic leaders, however, said on Wednesday a bipartisan coronavirus aid plan should be the basis for immediate negotiations in the U.S. Congress.\n"Generally, the theme has been positive and the bipartisan plan gives us a base for further stimulus talks," said Amo Sahota, executive director at currency advisory firm Klarity FX in San Francisco. "But quite honestly, I am not convinced by the stimulus plans. I think they\'re still far away from a deal from what we can tell," he added.\nIn afternoon trading, the dollar index was 0.1% lower at 91.115 , after earlier hitting 91.094, the lowest since late April 2018.\nWednesday\'s data showing slower U.S. private hiring last month supported some safe-haven buying of the dollar earlier in the session.\nPrivate payrolls increased by 307,000 jobs in November, the ADP National Employment Report showed, lower than economists\' forecast for a 410,000 rise. Data for October, though, was revised up to show 404,000 jobs added instead of the initially reported 365,000.\nAnalysts said the ADP report, while disappointing, had positive elements.\nAdding to the positive risk sentiment was Britain\'s approval of Pfizer Inc\'s COVID-19 vaccine on Wednesday, jumping ahead of the rest of the world in the race to begin the most crucial mass inoculation program in history.\nThe euro, meanwhile, was up 0.2% at $1.2098, after earlier hitting $1.2108, the highest since late April 2018. The European Central Bank meets next week and analysts said the ECB could act to stem the currency\'s rapid rise.\nAgainst the yen, the dollar rose 0.2% to 104.52, after the Bank of Japan signaled its readiness to extend pandemic-response programs.\nBitcoin was up 1.6% at $19,061, after hitting a record high of $19,918.01 on Tuesday.\nSterling fell as Britain and the European Union quickly approached a make-or-break moment in trade talks, with investors uncertain a deal will be reached. [GBP/]\nThe pound last traded down 0.5% against the dollar at $1.3361.\nThe risk-sensitive Aussie dollar rose 0.4% versus the greenback to US$0.7402 as data showed Australia\'s economy rebounded more than expected in the third quarter.\n(Reporting by Gertrude Chavez-Dreyfuss and Suzanne Barlyn; Editing by Will Dunham, Jonathan Oatis and Dan Grebler)', "The head of the world’s largest asset manager has provided a somewhat bullish take on the world’s first cryptocurrency. According to a report by CNBC on Tuesday, CEO of BlackRock Larry Fink said bitcoin has “caught the attention” of many people and that the cryptocurrency market was still relatively small compared to others. Speaking to former Bank of England Governor Mark Carney at the Council on Foreign Relations on Tuesday, Fink said the nascent cryptocurrency asset class can possibly “evolve” into a global market asset, CNBC said. Related: BlackRock's Chief Investment Officer Says Bitcoin Could Replace Gold to a Large Extent According to the report, Fink also said having a digital currency has a real impact on the U.S. dollar, making it less relevant on a global scale for international holders of dollar-based assets. He also raised the question: “Does it change the need for the dollar as a reserve currency?” See also: Crypto Long & Short: What We’re Getting Wrong About Druckenmiller and Bitcoin The comments are a still relatively rare endorsement from a major traditional financial players but follow on the heels of even more bullish views from billionaire hedge fund managers Stanley Druckenmiller and Paul Tudor Jones II , who are allocating a portion of their assets to bitcoin. BlackRock is the world’s largest asset manager with over $7.4 trillion dollars in assets under management, according to the manager’s website. Related Stories BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset", "The head of the world’s largest asset manager has provided a somewhat bullish take on the world’s first cryptocurrency.\nAccording to areport by CNBCon Tuesday, CEO of BlackRock Larry Fink saidbitcoinhas “caught the attention” of many people and that the cryptocurrency market was still relatively small compared to others.\nSpeaking to former Bank of England Governor Mark Carney at the Council on Foreign Relations on Tuesday, Fink said the nascent cryptocurrency asset class can possibly “evolve” into a global market asset, CNBC said.\nRelated:BlackRock's Chief Investment Officer Says Bitcoin Could Replace Gold to a Large Extent\nAccording to the report, Fink also said having a digital currency has a real impact on the U.S. dollar, making it less relevant on a global scale for international holders of dollar-based assets. He also raised the question: “Does it change the need for the dollar as a reserve currency?”\nSee also:Crypto Long & Short: What We’re Getting Wrong About Druckenmiller and Bitcoin\nThe comments are a still relatively rare endorsement from a major traditional financial players but follow on the heels of even more bullish views from billionaire hedge fund managersStanley DruckenmillerandPaul Tudor Jones II, who are allocating a portion of their assets to bitcoin.\nBlackRock is the world’s largest asset manager with over $7.4 trillion dollars in assets under management, according to the manager’s website.\n• BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset\n• BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset\n• BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset", "The head of the world’s largest asset manager has provided a somewhat bullish take on the world’s first cryptocurrency.\nAccording to areport by CNBCon Tuesday, CEO of BlackRock Larry Fink saidbitcoinhas “caught the attention” of many people and that the cryptocurrency m **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: 2020-12-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $361,384,864,100 - Hash Rate: 124752259.79794464 - Transaction Count: 327019.0 - Unique Addresses: 756978.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) has chalked up a stellar price rally in the past two months, reaching 33-month highs close to $16,000. The uptrend began in early September after buyers bought a dip below $10,000, and gathered pace in the second half of October. Last week, prices reached a high of $15,971, a level last seen in January 2018. That’s a 63% price gain in eight weeks, according to CoinDesk’sBitcoin Price Index. Related:Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked in DeFi at All-Time High Over 2018 and 2019, bitcoin often languished below $10,000, struggling to recover from a crash that followed the late 2017 surge to record highs near $20,000. So, what’s behind the rapid gains in recent weeks? Here are three of the primary factors driving the bull market: “Over the past eight weeks, we have seen various notable public companies and hedge funds enter the cryptocurrency market with sizable deployment of capital,” Matthew Dibb, co-founder, and COO of Singapore-based Stack Funds said. On Sept. 15, listed business intelligence firm MicroStrategy (NASDAQ: MSTR)announced the purchaseof $250 million worth of bitcoins, and three weeks later payments company Square (NYSE: SQ) alsodisclosed its investmentin the bitcoin market. Related:Legendary Investor Stan Druckenmiller Turns Bitcoin Bull In October, leverage in the derivatives market was also skewed bullish, with institutions holding record long positions in bitcoin futures listed on the Chicago Mercantile Exchange. Also read:Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps The increased institutional participation likely created upward pressure on prices. Further, it buoyed broader market sentiment and likely prompted more buyers to join the market. The number of bitcoin whale entities – clusters of addresses held by a single network participant holding at least 1,000 BTC –rose to four-year highsat the end of October. Retail participation increased, too, as suggested by the “accumulation addresses” metricrising to record highs. Since the coronavirus pandemic hit, expectations for additional U.S. fiscal stimulus alongside the Federal Reserve’s ongoing inflation-boosting bond purchase programs have triggered fears of a dollar sell-off, and motivated both institutions and retailers to put at least some money into bitcoin. “The talks of further stimulus efforts has put bitcoin on the map as a quasi-safe haven, possessing many of the store-of-value qualities of gold, despite its relatively [brief] existence,” Dibb said. Also read:World’s Growing Stockpile of Negative-Yielding Debt a Positive for Bitcoin, Say Analysts Large spot buyers, mostly institutions, have created a shortfall in bitcoin liquidity, pressuring prices to the higher side. “Between Grayscale’s GBTC trust, MicroStrategy and the influx of other large spot buyers, the supply of bitcoin is beginning to look more scarce,” Dibb said. Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group. Further, retail investors took direct custody of their coins by moving them from exchanges to their own wallets, adding to the drying up of sell-side liquidity. The total number of bitcoins held on cryptocurrency exchanges has fallen 9% to 2,404,788 BTC in the past two months, according toGlassnode data. The decline in exchange balances is indicative of strong holding sentiment in the market. Bitcoin’s bullish bias strengthened following the cryptocurrency’s convincing break above $12,500 in the third week of October. Back then, many analysts had pointed to $12,500 as the level to beat for the bulls. That’s because the cryptocurrency had declined sharply following a rejection near $12,500 in August. “The real resistance level is around $12,500-ish, so, until a meaningful breakout above that level, nothing is done,”  David Lifchitz, chief investment officer at ExoAlpha, told CoinDesk on Oct. 20. Indeed, the eventual breakout above $12,500 looks to have invited stronger chart-driven buying pressure. Bitcoin ended the third week of October above the key hurdle and remained bid in the following two weeks. Now support, at $12,500, hasn’t been tested since. Also read:Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview At press time, bitcoin is changing hands near $15,390, representing a 113% year-to-date gain. Disclosure: The author holds small positions in bitcoin and litecoin. • 3 Reasons Bitcoin Has Rallied Over 60% in Just Two Months • 3 Reasons Bitcoin Has Rallied Over 60% in Just Two Months... - 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:** ["The Takeaway\n• Ripple used to position itself as the regulator-friendly crypto firm.\n• Now the company is threatening to leave the U.S. over regulatory uncertainty.\n• Lack of clarity from the SEC about XRP’s legal status looks to be the sticking point.\n• The company is fighting several private investor lawsuits over the securities question and reportedly eyeing an initial public offering.\nRipple might not move out after all.\nSix weeks after announcing he’s looking at potentially relocating Ripple’s headquarters because of the lack of regulatory clarity around theXRPcryptocurrency in the U.S., CEO Brad Garlinghouse isnow taking a wait-and-see approachfollowingthe election of Joe Bidenas U.S. president. Speaking to CNN’s Julia Chatterley on Wednesday, he said the payments firm hadn’t made any decision on the matter.\nRelated:XRP Led November's Crypto Bull Run With 169% Gain\n“We haven’t put a strict timeline on when we’ll make a decision” on relocating, he said. “I think I am waiting to see what dynamics change, associated with the Biden administration beginning their term in office, and I am optimistic that will actually improve where things sit for the XRP community broadly.”\nGarlinghousedonatedto the Biden for President campaign earlier this year, according to Federal Election Commission records. Last year, he donated to the Kamala Harris for the People campaign when she was a presidential candidate. Harris later dropped out of that race but is now the vice president-elect and will take office with Biden.\nGarlinghouse’s remarks diverge from previous comments, when he indicated the prolonged but fruitless efforts to get federal regulators on the firm’s side seem to have exhausted the patience of Ripple’s executives as the company eyes a potential initial public offering (IPO) and fights a lawsuit.\nFor years, the payments startup, closely associated with the XRP cryptocurrency, held itself up as an example of good behavior. In 2016, for example, Ripple was thesecondcompany in the blockchain industry to obtain the infamously stringent BitLicense from New York State (and later added the architect of that regimeto its board).\nRelated:Ripple Is Cashing Out a Third of Its Stake in Surging MoneyGram\nThe firm’s CEO in those days, Chris Larsen, eschewed the then-fashionable term “disruptor” and stressed that unlike Bitcoin’s early adopters, Ripple aimed to assist, not usurp, regulated institutions. To do so it invested in multiple lobbyingeffortsin Washington.\nLately, the San Francisco-based company’s leaders have been notably less diplomatic. Current CEOGarlinghouseandLarsen, now executive chairman, havepublicly threatenedto move Ripple’s headquarters out of the U.S., citing the lack of regulatory clarity, particularly from the Securities and Exchange Commission (SEC). The company recentlyannouncedit opened a regional office in Dubai.\nRipple is still a far cry from, say, Binance, the global cryptocurrency exchange that hashopped from one jurisdiction to anotherand hasrefused to even say where exactly it is headquartered. But the Silicon Valleyunicorn’sopen discussion of a possible relocation marks a strategic shift, underscoring how the sector’s compliance challenges have grown more complex over the last half-decade.\n“Ripple wants to embrace regulation. And when regulation is clear and consistently applied it does result in a predictable outcome,” the company’s general counsel, Stu Alderoty, told CoinDesk in a recent phone interview.\nThis, however, hasn’t been the case in the U.S., he said.\n“Other jurisdictions made pretty significant advances,” Alderoty said, denying that a relocation would beregulatory arbitrage, the corporate practice of taking advantage of differing regimes. In other jurisdictions, “there is a high degree of comfort that the regulator won’t say [XRP] is a security one day,” he explained.\nThe company’s reasons to consider moving out are “general frustration, and the maturity of other jurisdictions parading that regulation clarity,” he said, adding that for Ripple, “it would be irresponsible not to explore those opportunities.”\nTo be clear, Ripple hasn’t committed to moving out of the U.S. definitively. Its leadership may just be saber-rattling in hopes of motivating regulatory agencies like the SEC to take action. It’s not out of the realm of possibility that Ripple will stay headquartered in the U.S. even if the SEC continues its business as usual.\nAlderoty indicated Ripple would remain compliant with U.S. regulations and likely continue doing business in the country. The specific benefits Ripple would gain by moving out remain unclear, as is why Ripple would move out of the U.S. now.\nThe SEC’s future focus is itself unclear. Current Chairman Jay Claytonintends to step downbefore President-elect Joe Biden takes office in January. Biden will get to nominate a new chair, shaping the agency’s course for the next several years.\nCompared to therebellious figuresof theearly Bitcoin community,Ripple, founded in 2012, looked like your straight-laced aunt.\n“ForBitcoin, the goal was to create a decentralized currency and ledger, independent from any government or central operator. For Ripple, the goal was to create a decentralized ledger that could work with and improve the foundation of today’s payment systems,” Larsen said in a 2015interviewwith fintech maven Chris Skinner.\nDuring that era, the main category of regulation that preoccupied digital currency businesses was the kind designed to prevent money laundering, sanctions violations and terrorism financing.\nAs early as 2014, Ripple introduced a feature that allows financial institutions tostop certain transactionson its network (which is now known as the XRP Ledger).\nXRP, the network’snative currency, could not be frozen, but dollars or euros issued by a bank on the ledger could, allowing Ripple’s corporate users (then referred to as “gateways”) to cooperate with law enforcement requests.\n“The individual freeze is intended primarily for complying with regulatory requirements,” the company said in anoticeat the time. “It also allows gateways to freeze individual account issuances in order to investigate suspicious activity. These features allow gateways to better operate in compliance of laws and regulations.”\nNevertheless, the following year Ripple was hit was one by of the industry’s first high-profile enforcement actions.\nThe U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN)finedthe company $700,000 for failing in its early days to register as a money services business (MSB) and to implement an anti-money laundering program.\nThe company cooperated with FinCEN andagreedto make “certain enhancements” to the Ripple Protocol “to appropriately monitor all future transactions” and regular compliance audits.\nMore recently, following the initial coin offering (ICO) boom of 2017, an additional type of regulation has come into play for the crypto markets: securities laws. And this area has proven trickier to navigate for Ripple.\nIn 2018, a group of investorssuedRipple, alleging the company’s periodic sales of XRP were unregistered issuances of securities. The case is now in the U.S. District Court of Southern California. In October, Judge Phyllis J. Hamiltondismissedmost of the plaintiffs’ claims but left three, on which the hearings will now proceed.\n“The lawsuit is a symptom of the absence of [regulatory] clarity in the U.S.” Alderoty said.\nIn the meantime, the SEC was becoming more aggressive in pursuing companies that sold tokens through ICOs. The agency effectively won its lawsuits againstTelegramandKik; while both suits resulted in settlements, the terms were generally favorable toward the SEC, making both companies pay fines for unregistered securities sales and, in the case of Telegram,putting an end to the project.\nTo be clear, Ripple did not conduct an ICO, but founders David Schwartz, Jed McCaleb and Arthur Britto “gifted” 80 billion XRP to the company, which then sold it to users. However, the climate for token-funded projects in general has been getting more and more threatening over the past two years in the U.S.\nWhile Ripple has long insistedit did not create XRP, it isthe largest holderof the cryptocurrency and has relied heavily on selling the asset. The company “would not be profitable or cash flow positive [without selling XRP],” Garlinghousetold the Financial Timesin February. Ripple is also active on the buy side: the company is regularly purchasing XRP “to support healthy markets.”\n“Ripple generates revenue from multiple sources, but as a private company we don’t break out the details,” Ripple spokesperson wrote to CoinDesk. “That said, Ripple does software enterprise sales – no different than Oracle or Salesforce. Ripple also has not sold XRP programmatically for over a year which is outlined in our quarterly markets reports.”\nIn previous years, Ripple sold XRP in two parallel ways: programmatically and over the counter (OTC). While the programmatic sales werepausedin 2019, the OTC sales went on. According to theXRP Markets Reportspublished quarterly by Ripple, during 2020, the company has sold a little more than $70 million worth of XRP.\nHence, resolving XRP’s legal status is crucial for the company.\n“Ripple put a lot of money in their regulatory work,” a source familiar with Ripple’s business told CoinDesk. “At the very minimum, they tried every means to push the SEC to issue the statement that XRP should not be regarded as a security.”\nHowever, that did not happen, and seeing the SEC crack down on other token projects “it would be hard for Ripple not to worry about that,” the source said.\nWith XRP occupying an important place on Ripple’s balance sheet, if the SEC or a prolonged legal action ultimately deems the token a security, it might shake up the company’s entire business model.\nMoving out of the U.S. won’t get Ripple out of the U.S. jurisdiction, Alderoty said, **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: 2020-12-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $361,438,443,641 - Hash Rate: 149512250.29219317 - Transaction Count: 346921.0 - Unique Addresses: 777633.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Foxconn, also known asHon Hai Precision Industry Co, Ltd(OTC:HNHPF), has finished making the first batch of display screens in Vietnam, something it had not done at its factory in Wisconsin as of last month. What Happened:TheApple Inc(NASDAQ:AAPL) supplier churned out the screens from its $26 million manufacturing facility located in Vietnam’s Quang Ninh province, ReutersreportedWednesday (Hanoi Time). Most of the screens made at the factory will be exported, according to a statement issued by Vietnam’s government. “Foxconn is preparing to expand the project and form a production complex,” according to the statement, which said the move would make it the largest exporter in the province, Reuters noted. Why It Matters:The Vietnamese government said that the Taiwanese manufacturer is set to expand the factory and produce up to one million display screens and televisions, which will generate $250 million in revenue next year, which will rise to $1 billion in later years. Meanwhile, Foxconnfailed to secure state tax creditsfor 2019 in Wisconsin after failing to meet job creation targets for two years in a row as of October. The state’s economic development agency said in a letter to Foxconn Vice Chairman Jay Lee that the iPhone maker is not anywhere near manufacturing large-screen televisions in the state as it had promised. Foxconn’s Wisconsin campus was hailed as an example of foreign investment by outgoing President Donald Trump’s administration. Price Action:Hon Hai OTC shares closed 0.7% higher at $5.79 on Tuesday. Photo courtesy:Wikimedia See more from Benzinga • Click here for options trades from Benzinga • Bitcoin Is Exploding But Still Losing Out To A Smaller Cryptocurrency • Tesla's Inclusion In S&P 500 'Declaration' That EVs Are 'Our Future,' Analysts React © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Gertrude Chavez-Dreyfuss and Suzanne Barlyn NEW YORK (Reuters) - The U.S. dollar rose from 2-1/2-year lows on Friday, as European Union and British negotiators paused talks for a post-Brexit trade deal, weighing on sterling, though the greenback still posted its worst week in a month after investors shrugged off a weaker-than-expected U.S. employment report. In late trading, the dollar index rose 0.1% to $90.725 ahead of the weekend, climbing from its lowest level since April 2018. On the week, the index was down 1.3%, its largest weekly loss since early November. Britain and the European Union paused talks on Friday after failing to narrow differences sufficiently to reach a trade agreement, less than four weeks before Britain completes its Brexit journey out of the bloc. The negotiators, Britain\'s David Frost and the EU\'s Michel Barnier, said they would brief their leaders to seek new impetus for the talks. Upbeat announcements on COVID-19 vaccines have helped drive a rally in riskier currencies at the expense of the safe-haven dollar. The euro and Swiss franc, in contrast, were headed for their best week in a month against the dollar. The single European currency touched a 2-1/2-year high, while the Swiss franc rose to its highest in nearly six years. Data showed that U.S. non-farm payrolls increased by 245,000 jobs last month after rising by 610,000 in October. That was the smallest gain since the jobs recovery started in May. "The biggest development this afternoon has been what I\'m telling clients is a \'fakeout-breakout\' in pound sterling," said Toronto-based Erik Bregar, head of FX strategy for the Exchange Bank of Canada, referring to the possibility of a Brexit deal that is now on pause. "It makes me think about more downside afterwards." The renewed possibility that Congress might forge another U.S. fiscal stimulus package and enthusiasm about progress on the development of COVID-19 vaccines remain key drivers in foreign exchange, strategists said. Story continues The jobs data and surge in COVID-19 cases are unlikely to trigger a rush by the U.S. Federal Reserve to ramp up its bond-buying. Chicago Federal Reserve Bank President Charles Evans told reporters on Friday that the Fed could assess asset purchases in springtime, when there is more clarity on the economic outlook. U.S. House of Representatives Speaker Nancy Pelosi said on Friday there was momentum behind talks on a coronavirus relief bill and that a bipartisan proposal could be the basis for relief negotiations. That should keep risk appetite higher. The euro has been one of the biggest winners from recent dollar weakness, breaking decisively above $1.20 this week. The single currency rose to $1.2177, its highest since April 2018, and was last down 0.2% at $1.2118. Against the Swiss franc, the dollar recovered to trade slightly higher at 0.8910 franc, after earlier dropping to a nearly six-year low of 0.8886 franc. The greenback was last down .06% at 0.8903. The dollar gained 0.3% against the yen to 104.15 yen. Sterling fell 0.2% against the dollar to $1.3423 after trade talks for a post-Brexit trade deal with the European Union hit a snag ahead of the weekend. Bitcoin pulled back to trade late on Friday at $18,906.54 after failing to break above $20,000 for the first time earlier this week. (Reporting by Gertrude Chavez-Dreyfuss and Suzanne Barlyn; Editing by Andrew Heavens, Dan Grebler and Will Dunham)', 'By Gertrude Chavez-Dreyfuss and Suzanne Barlyn\nNEW YORK (Reuters) - The U.S. dollar rose from 2-1/2-year lows on Friday, as European Union and British negotiators paused talks for a post-Brexit trade deal, weighing on sterling, though the greenback still posted its worst week in a month after investors shrugged off a weaker-than-expected U.S. employment report.\nIn late trading, the dollar index rose 0.1% to $90.725 ahead of the weekend, climbing from its lowest level since April 2018. On the week, the index was down 1.3%, its largest weekly loss since early November.\nBritain and the European Union paused talks on Friday after failing to narrow differences sufficiently to reach a trade agreement, less than four weeks before Britain completes its Brexit journey out of the bloc.\nThe negotiators, Britain\'s David Frost and the EU\'s Michel Barnier, said they would brief their leaders to seek new impetus for the talks.\nUpbeat announcements on COVID-19 vaccines have helped drive a rally in riskier currencies at the expense of the safe-haven dollar.\nThe euro and Swiss franc, in contrast, were headed for their best week in a month against the dollar.\nThe single European currency touched a 2-1/2-year high, while the Swiss franc rose to its highest in nearly six years.\nData showed that U.S. non-farm payrolls increased by 245,000 jobs last month after rising by 610,000 in October. That was the smallest gain since the jobs recovery started in May.\n"The biggest development this afternoon has been what I\'m telling clients is a \'fakeout-breakout\' in pound sterling," said Toronto-based Erik Bregar, head of FX strategy for the Exchange Bank of Canada, referring to the possibility of a Brexit deal that is now on pause. "It makes me think about more downside afterwards."\nThe renewed possibility that Congress might forge another U.S. fiscal stimulus package and enthusiasm about progress on the development of COVID-19 vaccines remain key drivers in foreign exchange, strategists said.\nThe jobs data and surge in COVID-19 cases are unlikely to trigger a rush by the U.S. Federal Reserve to ramp up its bond-buying. Chicago Federal Reserve Bank President Charles Evans told reporters on Friday that the Fed could assess asset purchases in springtime, when there is more clarity on the economic outlook.\nU.S. House of Representatives Speaker Nancy Pelosi said on Friday there was momentum behind talks on a coronavirus relief bill and that a bipartisan proposal could be the basis for relief negotiations. That should keep risk appetite higher.\nThe euro has been one of the biggest winners from recent dollar weakness, breaking decisively above $1.20 this week.\nThe single currency rose to $1.2177, its highest since April 2018, and was last down 0.2% at $1.2118.\nAgainst the Swiss franc, the dollar recovered to trade slightly higher at 0.8910 franc, after earlier dropping to a nearly six-year low of 0.8886 franc. The greenback was last down .06% at 0.8903.\nThe dollar gained 0.3% against the yen to 104.15 yen.\nSterling fell 0.2% against the dollar to $1.3423 after trade talks for a post-Brexit trade deal with the European Union hit a snag ahead of the weekend.\nBitcoin pulled back to trade late on Friday at $18,906.54 after failing to break above $20,000 for the first time earlier this week.\n(Reporting by Gertrude Chavez-Dreyfuss and Suzanne Barlyn; Editing by Andrew Heavens, Dan Grebler and Will Dunham)', 'The S&P Down Jones Indices, a unit of market data providerS&P Global(NYSE:SPGI), is collaborating withLukka Incto introduce a global cryptocurrency index sometime next year.\nLukka is a New York-headquartered software company centered around blockchain technology and the digital assets domain.\nWhat Happened: S&P DJI will incorporate Lukka’s proprietory digital asset pricing data to create custom solutions for indexing and benchmarking.\n"With digital assets such as cryptocurrencies becoming a rapidly emerging asset class, the time is right for independent, reliable and user-friendly benchmarks,” S&P DJI Global Head of Innovation and Strategy Peter Roffman said,\xa0talking about the need for a cryptocurrency index.\nWhy Does It Matter: Bitcoin has been trading near all-time-high\xa0levels above $19,000 this week and the mainstream interest related to\xa0investments\xa0in the digital asset space is piqued again.\nThe latest announcement by S&P DJI followsthe recent billion acquisitionofIHS Markit Ltd(NYSE:INFO). The all-stock deal, announced last week, will give S&P 67.75% controlling interest in the newly formed entity, whereas IHS Market shareholders with control the remaining stake.\nIn mid-November,IHS Markit signed up with Lukkaand agreed to bundle the cryptocurrency software company’s products along with its own offerings.\nPrice Action: SPGI stock closed 2% lower on Thursday at $326.61.\xa0Bitcoin traded 0.8% higher at $19,306.11.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• South Korea Inks COVID-19 Vaccine Deal With AstraZeneca: Reuters\n• Bosch Reduces Nikola Stake To Fall Below SEC\'s Beneficial Ownership Reporting Requirement Of 5%\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The S&P Down Jones Indices, a unit of market data providerS&P Global(NYSE:SPGI), is collaborating withLukka Incto introduce a global cryptocurrency index sometime next year.\nLukka is a New York-headquartered software company centered around blockchain technology and the digital assets domain.\nWhat Happened: S&P DJI will incorporate Lukka’s proprietory digital asset pricing data to create custom solutions for indexing and benchmarking.\n"With digital assets such as cryptocurrencies becoming a rapidly emerging asset class, the time is right for independent, reliable and user-friendly benchmarks,” S&P DJI Global Head of Innovation and Strategy Peter Roffman said,\xa0talking about the need for a cryptocurrency index.\nWhy Does It Matter: Bitcoin has been trading near all-time-high\xa0levels above $19,000 this week and the mainstream interest related to\xa0investments\xa0in the digital asset space is piqued again.\nThe latest announcement by S&P DJI followsthe recent billion acquisitionofIHS Markit Ltd(NYSE:INFO). The all-stock deal, announced last week, will give S&P 67.75% controlling interest in the newly formed entity, whereas IHS Market shareholders with control the remaining stake.\nIn mid-November,IHS Markit signed up with Lukkaand agreed to bundle the cryptocurrency software company **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: 2020-12-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $361,438,443,641 - Hash Rate: 137132255.0450689 - Transaction Count: 318894.0 - Unique Addresses: 729984.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TALLINN, Estonia, Oct. 12, 2020 (GLOBE NEWSWIRE) -- CoinField and Towo labs have partnered up to launchPayMe+app. A free app to make receiving of crypto and fiat payments more accessible than ever. PayMe+ is built onPayIDtechnology, the universal ID for payments that uses a simple, open standard to help people easily send and receive money using a single, secure payment ID. It works like email for payments, across any payment network and currency. With PayMe+ users can now register their PayID, create multiple PayMe+ addresses, attach custom labels to them, and connect a wide range of payment networks. Users can link cryptocurrency blockchains such as Bitcoin, Ethereum, or XRP, and traditional payment networks such as SEPA, PayPal, and Venmo. “PayID has great potential as a technology protocol. On the other hand, there is still no easy way for a user to register their PayID and benefit from a universal payment identifier. This is why we’re excited to launch the PayMe+ app, the first app on the market that allows anyone to register PayID identifiers in a matter of seconds!” -Dmitri Litvinovich, Chief Product Officer at CoinField. Users can share their PayMe+ address to receive payment on any of their linked networks. It means users no longer have to share separate wallet addresses for each network. Designed for any individual or business that receives money, PayID removes the headache of using long and complicated wallet addresses and multiple payment apps. With one simple universal ID for all payment networks, users can receive money effortlessly. “PayMe+ is another step forward in achieving a truly open payments network and creating real interoperability in payments. We are excited to see the PayMe+ app launch to bring PayID to more consumers and further our collective goal of establishing one single standard for sending and receiving money,” saidMichael Zochowski, Director of Product Management at Ripple. The PayMe+ app is available for free on both theApp Storeand onGoogle Play. Creating a PayMe+ address is also free. Users can learn more about PayMe+ and download the app atwww.payme.plus. About CoinField: CoinField is a regulated European based fiat-to-crypto exchange supervised by the Financial Intelligence Unit (FIU) under the license numbers FVT000111. CONTACT: Press & Media Inquiries Darren Amner [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 4.10% on Friday. Reversing a 1.14% gain from Thursday, Bitcoin ended the day at $18,652.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $19,550.0 before hitting reverse. Falling short of the first major resistance level at $19,751, Bitcoin slid to a mid-day low $18,701.0. The sell-off saw Bitcoin fall through the first major support level at $19,023 and the second major support level at $18,598. Through the afternoon, Bitcoin briefly revisited $19,150 levels before sliding back into the deep red. The brief recovery had seen Bitcoin move back through the support levels before the 2 nd sell-off. Bitcoin fell back through the first and second major support levels to a late intraday low $18,600.0. Late in the day, however, Bitcoin moved back through the second major resistance level to end the day at $18,650 levels. The near-term bullish trend remained intact, in spite of the latest pullback to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash SV rose by 3.29% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-9.89%), Chainlink (-9.39%), Litecoin (-10.68%), and Ripple’s XRP (-12.07%) led the way down. Binance Coin (-5.43%), Ethereum (-7.93%), and Polkadot (-3.40%) also struggled. Crypto.com Coin saw a more modest 2.29% loss on the day. In the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $545.60bn. Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.16%. At the time of writing, Bitcoin’s dominance stood at 63.89%. This Morning At the time of writing, Bitcoin was up by 0.62% to $18,767.7. A mixed start to the day saw Bitcoin fall to an early morning low $18,498.0 before rising to a high $18,795.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.14%), Crypto.com Coin (-1.25%), and Polkadot (-0.30%) saw red to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was up by 3.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $18,934 to bring the first major resistance level at 19,268 into play. Support from the broader market would be needed for Bitcoin to break back through to $19,000 levels. Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,884. Failure to move through the $18,934 pivot would bring the first major support level at $18,318 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,984. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Look Ready to Make the Next Move USD/JPY Weekly Price Forecast – US Dollar Sideways Against Yen USD/CAD Daily Forecast – Canadian Dollar Rallies Ahead Of The Weekend The Weekly Wrap – COVID-19 Vaccine and Brexit Updates and Economic Data were in Focus Gold Price Prediction – Prices Consolidate as Yields Rise Despite Weak Payroll Report Silver Weekly Price Forecast – Silver Bounces From Major Support', 'Bitcoin , BTC to USD, fell by 4.10% on Friday. Reversing a 1.14% gain from Thursday, Bitcoin ended the day at $18,652.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $19,550.0 before hitting reverse. Falling short of the first major resistance level at $19,751, Bitcoin slid to a mid-day low $18,701.0. The sell-off saw Bitcoin fall through the first major support level at $19,023 and the second major support level at $18,598. Through the afternoon, Bitcoin briefly revisited $19,150 levels before sliding back into the deep red. The brief recovery had seen Bitcoin move back through the support levels before the 2 nd sell-off. Bitcoin fell back through the first and second major support levels to a late intraday low $18,600.0. Late in the day, however, Bitcoin moved back through the second major resistance level to end the day at $18,650 levels. The near-term bullish trend remained intact, in spite of the latest pullback to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash SV rose by 3.29% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-9.89%), Chainlink (-9.39%), Litecoin (-10.68%), and Ripple’s XRP (-12.07%) led the way down. Binance Coin (-5.43%), Ethereum (-7.93%), and Polkadot (-3.40%) also struggled. Crypto.com Coin saw a more modest 2.29% loss on the day. In the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $545.60bn. Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.16%. At the time of writing, Bitcoin’s dominance stood at 63.89%. This Morning At the time of writing, Bitcoin was up by 0.62% to $18,767.7. A mixed start to the day saw Bitcoin fall to an early morning low $18,498.0 before rising to a high $18,795.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.14%), Crypto.com Coin (-1.25%), and Polkadot (-0.30%) saw red to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was up by 3.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $18,934 to bring the first major resistance level at 19,268 into play. Support from the broader market would be needed for Bitcoin to break back through to $19,000 levels. Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,884. Failure to move through the $18,934 pivot would bring the first major support level at $18,318 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,984. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Look Ready to Make the Next Move USD/JPY Weekly Price Forecast – US Dollar Sideways Against Yen USD/CAD Daily Forecast – Canadian Dollar Rallies Ahead Of The Weekend The Weekly Wrap – COVID-19 Vaccine and Brexit Updates and Economic Data were in Focus Gold Price Prediction – Prices Consolidate as Yields Rise Despite Weak Payroll Report Silver Weekly Price Forecast – Silver Bounces From Major Support', 'A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,Nexo.ioand this week’s special product launch,Allnodes.\nRelated:Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths\nDownload this episode\n• Being driven by institutional investors\n• Shifting the center of the industry from East Asia to North America\n• Winning converts from major research houses and institutions\n• Driving the price ofbitcointo new all-time highs\n• Monday |Bitcoin Hits a New All-Time High: What Happens Next?\n• Tuesday |Why a $631B Asset Manager Just Changed Its Mind on Bitcoin\n• Wednesday |Josh Brown on Bitcoin’s ‘Respectability Rally’ and Why We’ll See Dow 100,000 in Our Lifetime\n• Thursday |Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars\n• Friday |A ‘Santa Claus Rally’ for the Stock Market?\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• $50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally\n• $50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally\n• $50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally', 'A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,Nexo.ioand this week’s special product launch,Allnodes.\nRelated:Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths\nDownload this episode\n• Being driven by institutional investors\n• Shifting the center of the industry from East Asia to North America\n• Winning converts from major research houses and institutions\n• Driving the price ofbitcointo new all-time highs\n• Monday |Bitcoin Hits a New All-Time High: What Happens Next?\n• Tuesday |Why a $631B A **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: 2020-12-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $361,438,443,641 - Hash Rate: 137132255.0450689 - Transaction Count: 282599.0 - Unique Addresses: 642981.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Mode Global Holdings PLC, a London Stock Exchange-listed company, has announced plans to make a “significant purchase” ofbitcoinas part of its treasury investment strategy. • In a press release on Wednesday, the fintech group said it will convert up to 10% of its cash reserves into the cryptocurrency as part of a long-term strategy to “protect investors’ assets from currency debasement.” • With interest rates in the U.K. at a record low of 0.1%, Mode said it would also seek to diversify away from low-interest money market instruments to maximize the value of returns from its recent initial public offering. • “Faced with the challenges of COVID-19 and with U.K. interest rates at the lowest level in the Bank of England’s 326-year history, our confidence in the long-term value of bitcoin has only increased,” said Jonathan Rowland, Mode’s executive chairman. • “Today’s allocation is executed through a modern, forward-looking but prudent treasury management strategy,” he added. • With the news, the company followsMicroStrategyand Jack Dorsey’sSquarein deciding to place a portion of their treasury reserves into bitcoin. • MicroStrategy put $425 million into bitcoin, according to a series of disclosures, while Square invested $50 million. • Mode said it recognized the potential of bitcoin as “a reliable store of value and an attractive investment due to the asset’s asymmetric risk/reward attributes and safe haven status.” • The firm did not disclose a cash value of the bitcoin allocation. Read more:MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M • UK-Listed Firm Mode Putting Up to 10% of Cash Reserves Into Bitcoin • UK-Listed Firm Mode Putting Up to 10% of Cash Reserves Into Bitcoin • UK-Listed Firm Mode Putting Up to 10% of Cash Reserves Into Bitcoin • UK-Listed Firm Mode Putting Up to 10% of Cash Reserves Into Bitcoin... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 2.72% on Saturday. Partially reversing a 4.10% slide from Friday, Bitcoin ended the day at $19,159.0.\nIt was a mixed start to the day. Bitcoin slid to an early morning intraday low $18,498.0 before making a move.\nSteering clear of the first major support level at $18,318, Bitcoin rallied to a late morning intraday high $19,182.0.\nFalling short of the first major resistance level at $19,268, Bitcoin fell back to sub-$19,000 levels.\nAvoiding a fall back through the pivot level at $18,943, Bitcoin bounced back to $19,100 levels to close out the day in the green.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCrypto.com Coinfell by 0.62% to buck the trend on the day.\nIt was a bullish day for the rest of the majors.\nCardano’s ADAled the way, rallying by 7.92%.\nEthereum(+5.20%),Litecoin(+5.37%), andRipple’s XRP(+5.93%) also found strong support.\nBinance Coin(+2.31%),Bitcoin Cash SV(+3.00%),Chainlink(+3.79%), and Polkadot (+0.92%) trailed the front runners, however.\nIn the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $562.33bn.\nBitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.17%. At the time of writing, Bitcoin’s dominance stood at 63.50%.\nAt the time of writing, Bitcoin was up by 0.44% to $19,244.1. A bullish start to the day saw Bitcoin rally from an early morning low $19,156.0 to a high $19,272.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nPolkadot was down by 0.34% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Litecoin was up by 1.53% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $18,946 to bring the first major resistance level at $19,395 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $19,300 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,630.\nA fall through the $18,946 pivot would bring the first major support level at $18,711 into play.\nBarring an extended crypto sell-off, Bitcoin should continue to steer clear of sub-$18,000 levels. The second major support level at $18,262 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• The Weekly Wrap – COVID-19 Vaccine and Brexit Updates and Economic Data were in Focus\n• Natural Gas Price Forecast – Natural Gas Markets Find Support\n• S&P 500 Price Forecast – Stock Markets Break to Fresh New Highs\n• S&P 500 Weekly Price Forecast – Look Ready to Make the Next Move\n• Natural Gas Price Prediction – Prices Rebound After Thursday’s Wipeout\n• Silver Price Forecast – Silver Markets Continue to Stall', 'Bitcoin , BTC to USD, rose by 2.72% on Saturday. Partially reversing a 4.10% slide from Friday, Bitcoin ended the day at $19,159.0. It was a mixed start to the day. Bitcoin slid to an early morning intraday low $18,498.0 before making a move. Steering clear of the first major support level at $18,318, Bitcoin rallied to a late morning intraday high $19,182.0. Falling short of the first major resistance level at $19,268, Bitcoin fell back to sub-$19,000 levels. Avoiding a fall back through the pivot level at $18,943, Bitcoin bounced back to $19,100 levels to close out the day in the green. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Crypto.com Coin fell by 0.62% to buck the trend on the day. It was a bullish day for the rest of the majors. Cardano’s ADA led the way, rallying by 7.92%. Ethereum (+5.20%), Litecoin (+5.37%), and Ripple’s XRP (+5.93%) also found strong support. Binance Coin (+2.31%), Bitcoin Cash SV (+3.00%), Chainlink (+3.79%), and Polkadot (+0.92%) trailed the front runners, however. In the current week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $562.33bn. Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.17%. At the time of writing, Bitcoin’s dominance stood at 63.50%. This Morning At the time of writing, Bitcoin was up by 0.44% to $19,244.1. A bullish start to the day saw Bitcoin rally from an early morning low $19,156.0 to a high $19,272.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Polkadot was down by 0.34% to buck the trend early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Litecoin was up by 1.53% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $18,946 to bring the first major resistance level at $19,395 into play. Support from the broader market would be needed for Bitcoin to break back through to $19,300 levels. Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,630. A fall through the $18,946 pivot would bring the first major support level at $18,711 into play. Barring an extended crypto sell-off, Bitcoin should continue to steer clear of sub-$18,000 levels. The second major support level at $18,262 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – COVID-19 Vaccine and Brexit Updates and Economic Data were in Focus Natural Gas Price Forecast – Natural Gas Markets Find Support S&P 500 Price Forecast – Stock Markets Break to Fresh New Highs S&P 500 Weekly Price Forecast – Look Ready to Make the Next Move Natural Gas Price Prediction – Prices Rebound After Thursday’s Wipeout Silver Price Forecast – Silver Markets Continue to Stall', 'Coinbase announced Saturday it plans to support an upcoming airdrop that has been seen as a factor inboosting XRP’s pricein recent weeks.\nThe San Francisco-based exchange said in ablog postthat Coinbase customers withXRPbalances as of midnight UTC on Dec. 12, 2020, will receive Spark tokens from Coinbase at a later date.\n“The amount of Spark you’ll receive depends on how much XRP you had in your account at the snapshot time,” Coinbase wrote. Details about the airdrop will be posted this week, a company spokesperson told CoinDesk.\nRelated:Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops\nSpark is the native token of theFlare Network, a system meant to bring Ethereum-like functionality to the XRP Ledger.\n“Flare’s token, Spark is created through what may be the first-ever utility fork whereby the origin network, in this case the XRP Ledger, benefits through increased utility,” the team behind the smart-contract projectwrote in August.\nXRP is up nearly 10% over the last 24 hours as of press time, according toCoinDesk data.\n“Supporting new networks and their projects is important for not only meeting customer interest, but also the continued growth of the crypto ecosystem,” said Coinbase spokesperson Crystal Yang.\n• Coinbase to Support Spark Token Airdrop to XRP Holders\n• Coinbase to Support Spark Token Airdrop to XRP Holders\n• Coinbase to Support Spark Token Airdrop to XRP Holders', 'Coinbase announced Saturday it plans to support an upcoming airdrop that has been seen as a factor in boosting XRP’s price in recent weeks. The San Francisco-based exchange said in a blog post that Coinbase customers with XRP balances as of midnight UTC on Dec. 12, 2020, will receive Spark tokens from Coinbase at a later date. “The amount of Spark you’ll receive depends on how much XRP you had in your account at the snapshot time,” Coinbase wrote. Details about the airdrop will be posted this week, a company spokesperson told CoinDesk. Related: Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops Spark is the native token of the Flare Network , a system meant to bring Ethereum-like functionality to the XRP Ledger. “Flare’s token, Spark is created through what may be the first-ever utility fork whereby the origin network, in this case the XRP Ledger, benefits through increased utility,” the team behind the smart-contract project wrote in August . XRP is up nearly 10% over the last 24 hours as of press time, according to CoinDesk data . “Supporting new networks and their projects is important for not only meeting customer interest, but also the continued growth of the crypto ecosystem,” said Coinbase spokesperson Crystal Yang. Related Stories Coinbase to Support Spark Token Airdrop to XRP Holders Coinbase to Support Spark Token Airdrop to XRP Holders Coinbase to Support Spark Token Airdrop to XRP Holders', 'The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,Nexo.ioand this week’s special product launch,Allnodes.\nRelated:Hong Kong in Talks With PBOC on Digital Yuan Trial **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: 2020-12-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $354,604,871,888 - Hash Rate: 129513796.43145394 - Transaction Count: 258624.0 - Unique Addresses: 582059.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A bitcoin rally to new 2020 highs has been slowed by lower spot volume. Meanwhile, some ether investors are moving capital out of DeFi. • Bitcoin(BTC) trading around $15,502 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours. • Bitcoin’s 24-hour range: $15,190-$15,934 • BTC near its 10-day moving average but above the 50-day, a sideways signal for market technicians. Bitcoin’s price rise stalled Friday after making gains over the past 24 hours, most notably going as high as $15,934, according to CoinDesk 20 data. It was trading at $15,502 as of press time. “BTC has been bullish for the last four weeks, incredibly rallying from $10,000 to $15,000,” noted Ian Balina, chief executive officer of analysis firm Token Metrics. “This month’s rally is similar to its previous big rally back in 2017 when BTC rallied from $6,000 to almost $20,000 over November and December.” Related:First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster The last time bitcoin’s price was at these levels was back on Jan. 7, 2018, when its 24-hour low was $15,632, a descent from that day’s $16,861 high during an overall market sell-off, according to the CoinDesk 20. “The next resistance level is between $16,000 and $17,000,” Balina added. “If it flies by that, it can retest its all-time high and possibly move above $20,000.” Read More:As Bitcoin Surges, Google Searches Suggest Little FOMO Among Retail A bitcoin price push higher will likely require the return of higher-than-average spot volumes. Volumes for Friday were much lower than Thursday, which at $1,569,081,137 was the highest daily average volume day since July 27. On that summer day it hit $1,579,784,44 on major USD/BTC spot exchanges. As of press time, Friday’s spot exchange volume was at $1,064,734,786. Related:Bitcoin's Weekly Close Above 2019 High Leaves Runway Clear to $20K Futures open interest for bitcoin Thursday matched a record high from Aug. 17. “Longer-term trends remain very bullish. Bitcoin futures aggregate open interest is at an all-time high at $5.7 billion and perpetual swaps funding rates are trending up,” noted Jason Lau, chief operating officer of San Francisco-based exchange OKCoin. “The minor pullback today is normal and healthy,” Lau told CoinDesk. “In the past, bitcoin has experienced strong, quick moves and retracted much more. I’d look to see if BTC can settle in and establish a base before making another move upwards.” Bitcoin’s dominance, a measure of the world’s oldest cryptocurrency’s market cap as a percentage of total crypto assets, is starting to dip. After a steady October and early November rise to 65.5%, it dropped on Friday. Jean-Marc Bonnefous, managing partner of investment firm Tellurian Capital, said bitcoin might be losing some momentum after its stratospheric price rise, adding that some investors make take profits and plow them into alternative cryptocurrencies, or altcoins. “BTC has already done quite a bit of work to the upside and will need to take a breather,” Bonnefous said. “At some point the rotation will occur again from BTC to these heavily sold alt tokens.” The second-largest cryptocurrency by market capitalization,ether(ETH), was up Friday, trading around $442 and climbing 7% in 24 hours as of 21:00 UTC (4:00 p.m. ET). Read More:Vitalik Buterin Sends $1.4M of Ether in Preparation for Ethereum 2.0 Staking Since Oct. 20, when the amount of ether locked in decentralized finance, or DeFI, was at 9,211,000 ETH, investors have been pulling the cryptocurrency out. Over 642,000 ETH was moved out of DeFi as of press time, down to 8,569,000 ETH, according to data aggregator DeFi Pulse. The trend follows a rocky past 30 days for ether locked in DeFi, as about one month ago the amount of ether into DeFi was at 8,423,000 ETH. Vishal Shah, an options trader and founder of derivatives venue Alpha5, says ether’s gyrations locked has to do with the ethereal nature of Ethereum’s DeFi products. “Most of the ETH locked in DeFi is to accumulate or accrue tokens that don’t have a tenable value,” Shah noted. “And as those values started to fall dramatically, the ‘APY’ [annual percentage yield] that served as the bait for participation in various pools naturally started dwindling.” Digital assets on theCoinDesk 20are all green Friday. Notable winners as of 21:00 UTC (4:00 p.m. ET): • orchid(OXT) + 12.8% • tezos(XTZ) + 7.1% • 0x(ZRX) + 7% One notable loser: • monero(XMR) – 0.65% Equities: • The Nikkei 225 ended the day climbing 0.91% asmaterials stocks boosted the index, including Kobe Steel, up 11%, and Nippon Sheet Glass Co., gaining 10%. • Europe’s FTSE 100 closed flat, in the green 0.07% asinvestor sentiment was mixed between fresh lockdowns and the uncertainty over the U.S. presidential election. • In the United States the S&P 500 gained 0.20% asinvestors await definitive election results amid better-than-expected unemployment numbers. Read More:Square Reports Over $1B in Quarterly Bitcoin Revenue for First Time Commodities: • Oil was down 2.8%. Price per barrel of West Texas Intermediate crude: $37.39. • Gold was in the green 0.14% and at $1,952 as of press time. Treasurys: • U.S. Treasury bond yields all climbed Friday. Yields, which move in the opposite direction as price, were up most on the two-year bond, jumping to 0.159 and in the green 9.6%. • Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi • Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi... - 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 , BTC to USD, rose by 1.31% on Sunday. Following on from a 2.72% gain on Saturday, Bitcoin ended the week up by 6.67% to $19,410.0. It was a mixed start to the day. Bitcoin rose to an early morning high $19,344.0 before hitting reverse. Falling short of the first major resistance level at $13,395, Bitcoin slid to an early afternoon intraday low $18,905.0. Steering clear of the first major support level at $18,711, however, Bitcoin rallied to a final hour intraday high $19,463.0. Bitcoin broke through the first major resistance level at $19,395 to wrap up the day at $19,400 levels. The near-term bullish trend remained intact, supported by the latest recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Binance Coin (-0.73%), Cardano’s ADA (-0.68%), Crypto.com Coin (-0.31%), and Polkadot (-2.20%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ripple’s XRP rallied by 6.24% to lead the way, with Chainlink (+2.67%) and Bitcoin Cash SV (+1.51%) finding strong support. Ethereum (+0.78%) and Litecoin (+0.52%) trailed the front runners, however. It was also a mixed week for the majors. Binance Coin (-1.94%), Cardano’s ADA (-4.75%), Crypto.com Coin (-4.08%), and Polkadot (-7.31%) saw red for the week. It was a bullish week for the rest of the majors, however. Bitcoin Cash SV (+7.75%), Chainlink (+0.97%), Ethereum (+4.34%), Litecoin (+5.86%), and Ripple’s XRP (+2.69%) joined Bitcoin in the green. In the week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $562.79bn. Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.17%. At the time of writing, Bitcoin’s dominance stood at 63.63%. Story continues This Morning At the time of writing, Bitcoin was down by 0.11% to $19,388.7. A mixed start to the day saw Bitcoin rise to an early morning high $19,460.0 before falling to a low $19,347.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was up by 0.47%, with Bitcoin Cash SV flat to buck the trend early on. It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 1.18% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $19,259 to bring the first major resistance level at $19,614 into play. Support from the broader market would be needed for Bitcoin to break out from $19,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,817. A fall through the $19,259 pivot would bring the first major support level at $19,056 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $18,701. This article was originally posted on FX Empire More From FXEMPIRE: U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 90.810, Weakens Under 90.460 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 7th, 2020 Is Gold Bullish Again? The Crypto Daily – Movers and Shakers – December 5th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 5th, 2020 Crude Oil Price Update – Strengthens Over $46.43, Weakens Under $45.30', 'Bitcoin , BTC to USD, rose by 1.31% on Sunday. Following on from a 2.72% gain on Saturday, Bitcoin ended the week up by 6.67% to $19,410.0. It was a mixed start to the day. Bitcoin rose to an early morning high $19,344.0 before hitting reverse. Falling short of the first major resistance level at $13,395, Bitcoin slid to an early afternoon intraday low $18,905.0. Steering clear of the first major support level at $18,711, however, Bitcoin rallied to a final hour intraday high $19,463.0. Bitcoin broke through the first major resistance level at $19,395 to wrap up the day at $19,400 levels. The near-term bullish trend remained intact, supported by the latest recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Binance Coin (-0.73%), Cardano’s ADA (-0.68%), Crypto.com Coin (-0.31%), and Polkadot (-2.20%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ripple’s XRP rallied by 6.24% to lead the way, with Chainlink (+2.67%) and Bitcoin Cash SV (+1.51%) finding strong support. Ethereum (+0.78%) and Litecoin (+0.52%) trailed the front runners, however. It was also a mixed week for the majors. Binance Coin (-1.94%), Cardano’s ADA (-4.75%), Crypto.com Coin (-4.08%), and Polkadot (-7.31%) saw red for the week. It was a bullish week for the rest of the majors, however. Bitcoin Cash SV (+7.75%), Chainlink (+0.97%), Ethereum (+4.34%), Litecoin (+5.86%), and Ripple’s XRP (+2.69%) joined Bitcoin in the green. In the week, the crypto total market cap rose to a Tuesday high $589.96bn before falling to a Tuesday low $525.17bn. At the time of writing, the total market cap stood at $562.79bn. Bitcoin’s dominance fell to a Monday low 62.55% before rising to a Friday high 64.17%. At the time of writing, Bitcoin’s dominance stood at 63.63%. Story continues This Morning At the time of writing, Bitcoin was down by 0.11% to $19,388.7. A mixed start to the day saw Bitcoin rise to an early morning high $19,460.0 before falling to a low $19,347.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was up by 0.47%, with Bitcoin Cash SV flat to buck the trend early on. It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 1.18% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $19,259 to bring the first major resistance level at $19,614 into play. Support from the broader market would be needed for Bitcoin to break out from $19,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $20,000 before any pullback. The second major resistance level sits at $19,817. A fall through the $19,259 pivot would bring the first major support level at $19,056 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $18,701. This article was originally posted on FX Empire More From FXEMPIRE: U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 90.810, Weakens Under 90.460 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 7th, 2020 Is Gold Bullish Again? The Crypto Daily – Movers and Shakers – December 5th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 5th, 2020 Crude Oil Price Update – Strengthens Over $46.43, Weakens Under $45.30', 'Bitcoin Bitcoin rose by 6.67% in the week ending 6 th December. Reversing a 1.05% loss from the previous week, Bitcoin ended the week at $19,410.0. It was a bullish start to the week. Bitcoin rallied from a Monday intraweek low $18,196.0 to a Tuesday intraweek high and a new swing hi $19,956.00 before hitting reverse. The rally saw Bitcoin break through the first major resistance level at $19,268 and the second major resistance level at $19,884. A pullback on Tuesday saw Bitcoin fall back through the resistance level to a low $18,279.0 before finding support. Mid-week, Bitcoin broke back through the first major resistance level at $19,268 to revisit $19,600 levels before easing back. 5 days in the green that included an 8.25% rally on Monday and a bullish weekend delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall through $19,187 pivot to support a run the first major resistance level at $20,179. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $19,956. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Bitcoin could test resistance at $21,000 before any pullback. The second major resistance level sits at $20,947. Failure to avoid a fall through the $19,187 pivot would bring the first major support level at $18,419 into play. Barring an extended sell-off, however, Bitcoin should steer clear of sub-$17,500 support levels. The second major support level sits at $17,427. At the time of writing, Bitcoin was down by 0.57% to $19,300.0. A mixed start to the week saw Bitcoin rise to an early Monday morning high $19,460.0 before falling to a low $18,300.0. Bitcoin left the major support and resistance levels untested at the start of the week. Ripple\x92s XRP Ripple\x92s XRP rose by 2.69% in the week ending 6 th December. Following the previous week\x92s 35.79% breakout, Ripple\x92s XRP ended the week at $0.62223. Story continues It was a bullish start to the week. Ripple\x92s XRP rallied to a Monday intraweek high $0.68898 before hitting reverse. While falling short of the first major resistance level at $0.7843, Ripple\x92s XRP broke through the 23.6% FIB of $0.6274 before hitting reverse. The reversal saw Ripple\x92s XRP slide through the 23.6% FIB to a Friday intraweek low $0.5430. Steering clear of the 38.2% FIB of $0.5285 and major support levels, Ripple\x92s XRP recovered to end the week at $0.62 levels. 5-days in the green that included a 9.65% jump on Monday and a bullish weekend delivered a 5 th consecu **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: 2020-12-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $354,604,871,888 - Hash Rate: 142846099.00528008 - Transaction Count: 300906.0 - Unique Addresses: 673269.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Bitcoin and many of its major peers slumped on Friday in the wake of some of the biggest declines since the onset of the pandemic, a selloff that has stirred fresh doubt about this year’s craze for cryptocurrencies. The most-traded digital coin slid 3.1% to $16,522.61 at 11:05 a.m. in New York. The Bloomberg Galaxy Crypto Index extended a two-day plunge to about 19% -- its biggest since mid-March. The rout was kicked off by worries over the prospect of tighter crypto rules in the U.S. and profit-taking after a big rally, investors said. Even with the slump, Bitcoin has more than doubled this year -- an advance that has split opinion. Crypto believers tout a broadening investor base and the search for a hedge against dollar weakness as reasons for a durable boom. Critics point to a history of big swings, including a spectacular boom and bust three years ago. “We will see some choppy water in the short term as the market finds new levels before attempting another assault on the all-time high” said crypto analyst Jason Dean at Quantum Economics. “The pullback so far would not concern experienced Bitcoin traders or holders to any significant degree.” Read more: Bitcoin Fights Back With Power, Speed and Millions of Users Proponents of digital assets say the current focus on cryptocurrencies compared with 2017 is different because of growing institutional interest, for instance from the likes of Fidelity Investments and JPMorgan Chase & Co. Just this week, Van Eck Associates Corp. launched a Bitcoin exchange-traded note on the Deutsche Boerse Xetra exchange. In October, PayPal Holdings Inc. said it would allow customers access to cryptocurrencies. FOMO “After big rallies in shares and various other assets, they are all vulnerable to a bit of a pause,” said Shane Oliver, head of investment strategy at AMP Capital Investors Ltd. in Sydney. “Bitcoin more than most, as it surged higher far more and had become far more frothy with speculative interest.” Others see signs of retail investors piling in to chase momentum for fast gains, storing up an inevitable reckoning. The rout in Bitcoin began just hours after it rose to within $7 of its record high of $19,511 set in December 2017. Profit-taking was inevitable and there are still factors in favor of Bitcoin as an asset class, according to Byron Goldberg in Sydney, who runs the Australian operations for Luno, the cryptocurrency exchange and trading platform. “It continues to attract both institutional and retail attention as a 21st-century substitute to the gold play,” he said. Crypto ‘Whales’ A few large holders often referred to as whales own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset, according to researcher Flipside Crypto. That structure points to the risk of big price swings if major investors offload some of their stakes. “Bitcoin may be a victim of its own success,” said Michael McCarthy, chief market strategist at CMC Markets Plc in Sydney. “Traders suggested several large holders moved to lock in gains as the cryptocurrency reached for all-time highs.” AMP Capital’s Oliver said the depth of the recent plunge shows Bitcoin is “hardly a secure store of value,” adding it may be vulnerable if Covid-19 vaccines lead to a sharp global recovery next year. “Money printing and the debasement of paper currencies that Bitcoin enthusiasts are seeking to protect against may start to fade as an issue,” Oliver said. For more articles like this, please visit us atbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.... - Reddit Posts (Sample): 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:** ['Alexander Vinnick, the Russian man who founded and ran the now-defunct Bitcoin exchange service BTC-e, has beensentencedto five years in prison. A Paris court has found Vinnick guilty of money laundering and has ordered him to pay €100,000 (US$121,000) in fines. Vinnick was arrested in Greece back in 2017 under an international warrant issued by the US Department of Justice and was extradited to France earlier this year.\nThe Justice Department accused Vinnick of operating BTC-e as a front for a massive money laundering operation that accepted stolen funds from cyberattacks. Security firm Wizsec previously linked his private BTC-e accounts to funds stolen fromMt. Gox. If you’ll recall, around $480 million worth of Bitcoins disappeared from the exchange service back in 2014 due to, as Mt. Gox CEO Mark Karpeles called them, "weaknesses in the system."\nThe US DOJ charged Vinnick with 17 counts of laundering up to $4 billion since the exchange was founded in 2011. Meanwhile, French prosecutorschargedhim for “extortion, conspiracy and harming automatic data-processing systems.” French authorities believe he helped create the ransomware “Locky,” which was spread through email and was used to attack French businesses and organizations between 2016 and 2018. At least 20 entities in the country ended up paying ransom money in Bitcoin to get their networks freed.\nVinnik’s side argued in court that he was only a technical operator carrying out instructions from BTC-e’s directors. While the court still ended up convicting him for money laundering, it’s hardly the worst-case scenario for Vinnick. According toZDNet, French prosecutors were only able to prove one of the 14 charges brought against him, and it wasn’t the one involving Locky. That means he was able to avoid the 10-year sentence and the €750,000 fine the prosecutors had requested.', 'Alexander Vinnick, the Russian man who founded and ran the now-defunct Bitcoin exchange service BTC-e, has beensentencedto five years in prison. A Paris court has found Vinnick guilty of money laundering and has ordered him to pay €100,000 (US$121,000) in fines. Vinnick was arrested in Greece back in 2017 under an international warrant issued by the US Department of Justice and was extradited to France earlier this year.\nThe Justice Department accused Vinnick of operating BTC-e as a front for a massive money laundering operation that accepted stolen funds from cyberattacks. Security firm Wizsec previously linked his private BTC-e accounts to funds stolen fromMt. Gox. If you’ll recall, around $480 million worth of Bitcoins disappeared from the exchange service back in 2014 due to, as Mt. Gox CEO Mark Karpeles called them, "weaknesses in the system."\nThe US DOJ charged Vinnick with 17 counts of laundering up to $4 billion since the exchange was founded in 2011. Meanwhile, French prosecutorschargedhim for “extortion, conspiracy and harming automatic data-processing systems.” French authorities believe he helped create the ransomware “Locky,” which was spread through email and was used to attack French businesses and organizations between 2016 and 2018. At least 20 entities in the country ended up paying ransom money in Bitcoin to get their networks freed.\nVinnik’s side argued in court that he was only a technical operator carrying out instructions from BTC-e’s directors. While the court still ended up convicting him for money laundering, it’s hardly the worst-case scenario for Vinnick. According toZDNet, French prosecutors were only able to prove one of the 14 charges brought against him, and it wasn’t the one involving Locky. That means he was able to avoid the 10-year sentence and the €750,000 fine the prosecutors had requested.', 'Alexander Vinnick , the Russian man who founded and ran the now-defunct Bitcoin exchange service BTC-e, has been sentenced to five years in prison. A Paris court has found Vinnick guilty of money laundering and has ordered him to pay \x80100,000 (US$121,000) in fines. Vinnick was arrested in Greece back in 2017 under an international warrant issued by the US Department of Justice and was extradited to France earlier this year. The Justice Department accused Vinnick of operating BTC-e as a front for a massive money laundering operation that accepted stolen funds from cyberattacks. Security firm Wizsec previously linked his private BTC-e accounts to funds stolen from Mt. Gox . If you\x92ll recall, around $480 million worth of Bitcoins disappeared from the exchange service back in 2014 due to, as Mt. Gox CEO Mark Karpeles called them, "weaknesses in the system." The US DOJ charged Vinnick with 17 counts of laundering up to $4 billion since the exchange was founded in 2011. Meanwhile, French prosecutors charged him for \x93extortion, conspiracy and harming automatic data-processing systems.\x94 French authorities believe he helped create the ransomware \x93Locky,\x94 which was spread through email and was used to attack French businesses and organizations between 2016 and 2018. At least 20 entities in the country ended up paying ransom money in Bitcoin to get their networks freed. Vinnik\x92s side argued in court that he was only a technical operator carrying out instructions from BTC-e\x92s directors. While the court still ended up convicting him for money laundering, it\x92s hardly the worst-case scenario for Vinnick. According to ZDNet , French prosecutors were only able to prove one of the 14 charges brought against him, and it wasn\x92t the one involving Locky. That means he was able to avoid the 10-year sentence and the \x80750,000 fine the prosecutors had requested.', 'Last week, as bitcoin broke its all-time price high, institutional investors poured the second-highest amount on record into cryptocurrency funds.\nAccording to aReuters reportciting data from digital asset manager CoinShares on Monday, large-scale cryptocurrency funds saw an inflow of $429 million last week alone. The largest-ever weekly inflow was $468 million seen three weeks ago.\nThe data showed the sector jumped to an all-time high of $15 billion in assets under management (AUM) for the year so far. By comparison, there was $2.57 billion in AUM at the close of 2019. So far,bitcoinhas attracted $4 billion inflows in 2020.\nRelated:Bitcoin Drops 2% as European Stocks See Losses on Brexit Concerns\nBitcoin hit an all-time high of $19,920 on Dec. 1 in a sharp rally likely fueled by listed firmsmaking treasury investmentsin the cryptocurrency, alaunch of crypto services by PayPaland bullishbillionaire investors.\n“We have seen a decisive shift from enquiries of a speculative nature to those that begin with comments such as, ‘bitcoin is here to stay, please help us understand it’,” James Butterfill, investment strategist at CoinShares, told Reuters.\nButterfill also noted that the level of interest is so high, bitcoin is likely only on “the cusp” of institutional adoption.\nSee also:Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC\nRelated:First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K\nBitcoin and associated investment products were the most popular out of the cryptocurrency options among bigger investors last week. The top cryptocurrency by market value took the lion’s share of the total AUM at around 334.7 million out of the $429 million across all crypto assets.\nEthercame in second place during the same period. It attracted around $87.1 million, likely from investors wanting exposure ahead of the Ethereum network’s launch of theEth 2.0 Beacon Chainand bullishdecentralized finance fundamentals.\n• Crypto Funds Have Seen Record Investment Inflow in Recent Weeks\n• Crypto Funds Have Seen Record Investment Inflow in Recent Weeks', 'Last week, as bitcoin broke its all-time price high, institutional investors poured the second-highest amount on record into cryptocurrency funds. According to a Reuters report citing data from digital asset manager CoinShares on Monday, large-scale cryptocurrency funds saw an inflow of $429 million last week alone. The largest-ever weekly inflow was $468 million seen three weeks ago. The data showed the sector jumped to an all-time high of $15 billion in assets under management (AUM) for the year so far. By comparison, there was $2.57 billion in AUM at the close of 2019. So far, bitcoin has attracted $4 billion inflows in 2020. Related: Bitcoin Drops 2% as European Stocks See Losses on Brexit Concerns Bitcoin hit an all-time high of $19,920 on Dec. 1 in a sharp rally likely fueled by listed firms making treasury investments in the cryptocurrency, a launch of crypto services by PayPal and bullish billionaire investors . “We have seen a decisive shift from enquiries of a speculative nature to those that begin with comments such as, ‘bitcoin is here to stay, please help us understand it’,” James Butterfill, investment strategist at CoinShares, told Reuters. Butterfill also noted that the level of interest is so high, bitcoin is likely only on “the cusp” of institutional adoption. See also: Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC Related: First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K Bitcoin and associated investment products were the most popular out of the cryptocurrency options among bigger investors last week. The top cryptocurrency by market value took the lion’s share of the total AUM at around 334.7 million out of the $429 million across all crypto assets. Ether came in second place during the same period. It attracted around $87.1 million, likely from investors wanting exposure ahead of the Ethereum network’s launch of the Eth 2.0 Beacon Chain and bullish decentralized finance fundamentals . Related Stories Crypto Funds Have Seen Record Investment Inflow in Recent Weeks Crypto Funds Have Seen Record Investment Inflow in Recent Weeks', 'Bitcoin is facing selling pressure on Tuesday as traditional markets suffer the jitters over **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: 2020-12-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $354,604,871,888 - Hash Rate: 137132255.0450689 - Transaction Count: 330970.0 - Unique Addresses: 737193.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Institutional investors pumped $429 million into cryptocurrency funds and products for the week ended Dec. 7, the second highest on record, pushing the sector's assets under management to an all-time peak of $15 billion, according to Monday's data from digital asset manager CoinShares. At the end of 2019, assets under management stood at just $2.57 billion. Grayscale, the world's largest crypto fund had $336.3 million in inflows the latest week, lifting its assets under management to more than $12.4 billion. So far this year, Grayscale has amassed inflows of $4.3 billion, the Coinshares report said. "On an anecdotal level, based on our client conversations over the course of 2020, we have seen a decisive shift from enquiries of a speculative nature to those that begin with comments such as, 'bitcoin is here to stay, please help us understand it'," said James Butterfill, investment strategist at CoinShares. "Given the levels of interest, this suggests we are only on the cusp of institutional adoption rather than it cooling down." The largest weekly inflow on record was $468 million three weeks ago. Bitcoin products and bitcoin-focused funds attracted inflows of $334.7 million last week. Inflows to the original cryptocurrency have totaled nearly $4 billion so far this year. The largest cryptocurrency in terms of market capitalization hit a record high just under $20,000 last week but has since stalled at around $19,000. It was last down more than 2% at $18,976.35. In contrast, gold saw outflows from investment products of a record US$9.2 billion over the last four weeks while bitcoin saw inflows totalling $1.4 billion in the same period, the report said. But inflows into gold products remained higher on the year at $45.7 billion. Ethereum, the second largest digital currency, had $87.1 million in inflows in the latest period. Investors have become more bullish on ethereum likely because Ethereum management provided greater clarity on the much-awaited upgrades that make the network much more efficient and sustainable, the report said. (Reporting by Gertrude Chavez-Dreyfuss; editing by Grant McCool)... - Reddit Posts (Sample): []... 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 has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000. At around 06:00 UTC on Dec. 8, the price of the world\x92s first cryptocurrency fell to around $18,031 from $18,770. It subsequently retraced slightly to $18,200 by press time, according to CoinDesk\x92s bitcoin price index . The last time bitcoin experienced a similar drop was on Dec. 1 after the bellwether cryptocurrency reached an all-time high of around $19,920, per the BPI. Related: Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan According to Ki Young Ju, CEO of CryptoQuant, the availability of sizable amounts of bitcoin on exchanges provided by large holders \x96 \x93whales,\x94 as they are often called \x96 contributed to the price drop. \x93When it comes to short-term price prediction, I think the most important data is supply and demand, said Ki Young Ju, CEO of CryptoQuant. \x93I think this plummet was started from bitcoin\x85whales who wanted to keep their bitcoin on exchanges making them readily available for sell orders.\x94 Others see recent buyers taking their winnings out of the market. Lucas Huang, head of growth at decentralized exchange Tokenlon, noted that from a retail trading perspective, \x93an 80% increase in bitcoin price over only two months might be a profit too tempting not to take.\x94 Meanwhile, another signal may be coming from how Wall Street views the prospects of one particularly large buyer in recent months. Tyler Radke, an analyst at Citibank, downgraded his recommendation on business intelligence firm Microstrategy to \x93sell\x94 from \x93neutral,\x94 flagging to investors bitcoin euphoria might be overextended. Related: First CoinSwap Test Could Herald an Era of Stronger Bitcoin Privacy Not everyone is bearish on bitcoin. \x93Bitcoin\x92s latest move down is a rest stop on the way to $30k levels by mid-2021,\x94 said investor\xa0Jehan Chu, co-founder of Kenetic Capital. \x93Experienced bitcoin investors are well accustomed to these drops and understand them as opportunities to buy the dip. Longer term, we can expect these moves to become less frequent as institutional funds continue surging into the market and the volatility declines further.\x94 Story continues Yet in the near term for technical analysts, the latest price action for bitcoin represents a continuing narrative of lower highs on the daily chart. That signals weakening buyer interest in the midst of increasing daily sell volume. Should buyers fail to push prices above $18,600, a likely spell of further downside may break out as the short-term trend flips from bullish to bearish. Other notable cryptocurrencies are also suffering, including ether, XRP and litecoin . Those three are down between 7% and 9% in the past 24 hours as well. In fact, all 17 free-floating cryptopcurrencies besides bitcoin in the CoinDesk 20 have dropped between 6% and 12% in the past day. Meanwhile traditional markets have held steady on the day with the Dow Jones Industrial Average closing 0.35% in the green and the S&P 500 index up around 0.28% on the day. See also: Standard Chartered Bank to Launch Crypto Trading for Institutional Investors: Sources Related Stories Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week", "Bitcoin has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000.\nAt around 06:00 UTC on Dec. 8, the price of the world’s first cryptocurrency fell to around $18,031 from $18,770. It subsequently retraced slightly to $18,200 by press time, according toCoinDesk’s bitcoin price index.\nThe last timebitcoinexperienced a similar drop was on Dec. 1 after the bellwether cryptocurrency reached an all-time high of around $19,920, per the BPI.\nRelated:Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan\nAccording to Ki Young Ju, CEO of CryptoQuant, the availability of sizable amounts of bitcoin on exchanges provided by large holders – “whales,” as they are often called – contributed to the price drop.\n“When it comes to short-term price prediction, I think the most important data is supply and demand, said Ki Young Ju, CEO of CryptoQuant. “I think this plummet was started from bitcoin…whales who wanted to keep their bitcoin on exchanges making them readily available for sell orders.”\nOthers see recent buyers taking their winnings out of the market. Lucas Huang, head of growth at decentralized exchange Tokenlon, noted that from a retail trading perspective, “an 80% increase in bitcoin price over only two months might be a profit too tempting not to take.”\nMeanwhile, another signal may be coming from how Wall Street views the prospects of one particularly large buyer in recent months. Tyler Radke, an analyst at Citibank,downgraded his recommendationon business intelligence firm Microstrategy to “sell” from “neutral,” flagging to investors bitcoin euphoria might be overextended.\nRelated:First CoinSwap Test Could Herald an Era of Stronger Bitcoin Privacy\nNot everyone is bearish on bitcoin. “Bitcoin’s latest move down is a rest stop on the way to $30k levels by mid-2021,” said investor\xa0Jehan Chu, co-founder of Kenetic Capital. “Experienced bitcoin investors are well accustomed to these drops and understand them as opportunities to buy the dip. Longer term, we can expect these moves to become less frequent as institutional funds continue surging into the market and the volatility declines further.”\nYet in the near term for technical analysts, the latest price action for bitcoin represents a continuing narrative of lower highs on the daily chart. That signals weakening buyer interest in the midst of increasing daily sell volume.\nShould buyers fail to push prices above $18,600, a likely spell of further downside may break out as the short-term trend flips from bullish to bearish.\nOther notable cryptocurrencies are also suffering, including ether,XRPandlitecoin. Those three are down between 7% and 9% in the past 24 hours as well. In fact, all 17 free-floating cryptopcurrencies besides bitcoin in theCoinDesk 20have dropped between 6% and 12% in the past day.\nMeanwhile traditional markets have held steady on the day with the Dow Jones Industrial Average closing 0.35% in the green and the S&P 500 index up around 0.28% on the day.\nSee also:Standard Chartered Bank to Launch Crypto Trading for Institutional Investors: Sources\n• Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week\n• Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week", "Bitcoin has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000.\nAt around 06:00 UTC on Dec. 8, the price of the world’s first cryptocurrency fell to around $18,031 from $18,770. It subsequently retraced slightly to $18,200 by press time, according toCoinDesk’s bitcoin price index.\nThe last timebitcoinexperienced a similar drop was on Dec. 1 after the bellwether cryptocurrency reached an all-time high of around $19,920, per the BPI.\nRelated:Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan\nAccording to Ki Young Ju, CEO of CryptoQuant, the availability of sizable amounts of bitcoin on exchanges provided by large holders – “whales,” as they are often called – contributed to the price drop.\n“When it comes to short-term price prediction, I think the most important data is supply and demand, said Ki Young Ju, CEO of CryptoQuant. “I think this plummet was started from bitcoin…whales who wanted to keep their bitcoin on exchanges making them readily available for sell orders.”\nOthers see recent buyers taking their winnings out of the market. Lucas Huang, head of growth at decentralized exchange Tokenlon, noted that from a retail trading perspective, “an 80% increase in bitcoin price over only two months might be a profit too tempting not to take.”\nMeanwhile, another signal may be coming from how Wall Street views the prospects of one particularly large buyer in recent months. Tyler Radke, an analyst at Citibank,downgraded his recommendationon business intelligence firm Microstrategy to “sell” from “neutral,” flagging to investors bitcoin euphoria might be overextended.\nRelated:First CoinSwap Test Could Herald an Era of Stronger Bitcoin Privacy\nNot everyone is bearish on bitcoin. “Bitcoin’s latest move down is a rest stop on the way to $30k levels by mid-2021,” said investor\xa0Jehan Chu, co-founder of Kenetic Capital. “Experienced bitcoin investors are well accustomed to these drops and understand them as opportunities to buy the dip. Longer term, we can expect these moves to become less frequent as institutional funds continue surging into the market and the volatility declines further.”\nYet in the near term for technical analysts, the latest price action for bitcoin represents a continuing narrative of lower highs on the daily chart. That signals weakening buyer interest in the midst of increasing daily sell volume.\nShould buyers fail to push prices above $18,600, a likely spell of further downside may break out as the short-term trend flips from bullish to bearish.\nOther notable cryptocurrencies are also suffering, including ether,XRPandlitecoin. Those three are down between 7% and 9% in the past 24 hours as well. In fact, all 17 free-floating cryptopcurrencies besides bitcoin in theCoinDesk 20have dropped between 6% and 12% in the past day.\nMeanwhile traditional markets have held steady on the day with the Dow Jones Industrial Average closing 0.35% in the green and the S&P 500 index up around 0.28% on the day.\nSee also:Standard Chartered Bank to Launch Crypto Trading for Institutional Investors: Sources\n• Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week\n• Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week", 'Google Pay and Walmart’s PhonePe continue to dominate the digital payments sector in India b **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: 2020-12-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $337,929,731,556 - Hash Rate: 132370718.41155957 - Transaction Count: 321079.0 - Unique Addresses: 748572.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Those new to crypto, such as the institutional investors recently buying into bitcoin’s “digital gold” narrative, might now be looking around for the next big thing. With the long-anticipated arrival of phase 0 of theEthereum 2.0 upgradelaunching on Dec. 1, that could be the network’s native token,ether (ETH). But analysts say ether should be judged on its own merits and not as a bitcoin replacement. “I’ve always thought this digital asset space is huge – and it’s not justbitcoin– because there are going to be different applications for different things,” Raoul Pal, CEO and co-founder of financial media group Real Vision, said in Real Vision’s documentary “Ethereum – An Investigation,” which was released on Nov. 30. “I think of the two [bitcoin and ether] as having a very nice combined asset allocation.” Related:Protocol Hosting Google reCAPTCHA Competitor Expands to Polkadot For Pal, an early bitcoin investor, the rationale seems even more plausible these days: As bitcoin’s price hits a new all-time high, the number one cryptocurrency by market capitalization is now more expensive and thus potentially a riskier bet for new investors. It can be expected investors are looking for a new opportunity in crypto at affordable prices. Given that ether is trading roughly 59% below its all-time high of $1,432.88, it is tempting to believe there’s a bargain to be had. What’s more, the Ethereum 2.0 upgrade to increase the network’s scalability, security and energy efficiency has generated a lot of hype. Read more:Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios However, at least for now, analysts and traders who spoke with CoinDesk don’t think ether will replace theFOMO over bitcoin. Related:Kraken Exchange to Offer First Grants for Open-Source Ethereum Projects “For institutional investors, they are buying BTC for the digital gold narrative,” Ryan Watkins, senior research analyst at Messari, told CoinDesk. “ETH just isn’t in that conversation yet.” Ether “benefits from spillover and likely has more conversation around it from crypto-natives,” Vishal Shah, founder of derivatives exchange Alpha5, told CoinDesk. “For the uninitiated, [it is] hard to see how bitcoin is not the sole on-ramp.” Some analysts say that as more institutions pour money into bitcoin and push up its price, ether and other cryptocurrencies will gradually decouple from bitcoin. Indeed, while bitcoin this week logged a record high price, ether isn’t even close to its all-time high of $1,448.18. Data from CoinDesk shows the 90-day correlation coefficient between the prices of the top two cryptocurrencies, while still strong, has gradually weakened a bit since the summer from as high as 0.93 to nearly 0.7 at the beginning of December. “The thing about correlation is it can disappear at any time,” Ashwath Balakrishnan, research analyst at digital asset research firm Delphi Digital, told CoinDesk. “In that case, you want to understand the core fundamentals of what you hold because if you hold ether as a proxy [to your] bitcoin exposure, and [when] prices decouple, you are now exposed to something very different.” Bitcoin has been used by many investors this year as a hedge against a drop in the purchasing power of U.S. dollars. Ether is considered the currency of “the world computer,” which aims to build an ecosystem of decentralized applications. The close historical correlation between bitcoin and other cryptocurrencies may be due to how tiny the digital-asset ecosystem is relative to the global economy. The total market capitalization of crypto assets is estimatedat $562 billion, a mere 1.7% of the S&P 500 stock index’s combined market cap of $32.2 trillion. With almost every crypto asset built on different fundamentals, non-bitcoin cryptocurrencies may be trending with bitcoin prices simply because the nascent market is still so small and insular. Read more:Volume Surge Brings 25% Turnover to ‘CoinDesk 20’ Correlation datadoesn’t tell the whole story. Prices may move in tandem but the degree to which that happens is another matter. When the explosive decentralized finance (DeFi) boom hit the market during the summer, ether’s pricerallied to its highest in more than two yearsbecause most DeFi projects are built on the Ethereum blockchain. At the time, bitcoin was struggling to break a similar two-year record. The market will have to wait and see what kind of real impact the ongoing Ethereum upgrade could have on its native currency because the final phase of the process is scheduled to be completed in 2023. But a major fundamental upgrade on the network underpinning ether could lead its price to move on its own fundamentals, instead of merely following bitcoin’s price. “The heart of ETH 2.0, which makes the entire system possible, is ether,” according toa reportby Messari. “ETH will not only be Ethereum’s native store of value asset and fuel for transactions, but will also be Ethereum’s ultimate source of security from its role in the [proof-of-stake] system.” Thus, while bitcoin can be seen as somewhere between a store of value and a commodity on the “asset superclass triangle,” ether could ultimately become the first asset to be a combination of all three classes of assets: capital assets, commodities and stores of value. “When ether’s price starts to be driven by its own catalysts, holding it as a proxy to having BTC exposure will not work as expected,” Balakrishnan added. • Why Ethereum and Bitcoin Are Very Different Investments • Why Ethereum and Bitcoin Are Very Different Investments... - Reddit Posts (Sample): []... 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:** ["NEW YORK, NY / ACCESSWIRE / December 9, 2020 / Recently, the reporter found that a block-chain technical team in London has developed ABS platform for loan and transaction - DMEX. Its underlying assets include the three biggest block- chain projects: Mining Force, Bitcoin, and Ethereum. Filecoin possesses the largest number of entities of mining machines with three kinds of major currencies. To the miners of the three kinds of currencies, the biggest headache is: how the capital that overstocked by investment force and mining machines could calculate.(For details, please click https://dmex.finance/) We all know that repayment of future cash flows supports ABS (Asset-backed Securities) This is generated by underlying assets and aims to obtain the maximum cash by discounting and selling it, that is, to make the fixed assets circulate. What effects will there be when the traditional financial services combine with decentralized financial DeFi? DMEX platform securitizes the mining power of Bitcoin, Ethereum, and Filecoin. Different NFT corresponds to different mining power. Thus, fixed mining machines and mining power could circulate in the market; the mining power owners could sell or pledge them to obtain liquid funds. It is a good thing for miners to put their fixed assets into circulation. But, this is not the only problem that miners or investors are facing. They also have other concerns, such as the unfairness and opacity of mining power institutions. At present, the majority of mining machines are in the form of pledge to the mining camps, the actual owners of mining machines can only know their own income through the information from the mining camps, and then passively accept. Without supervision of any third party, the credibility of the information provided by mining camps has always been in doubt. To address this problem, DMEX puts key data such as the total mining power, benefits, process into smart Ethereum contracts, which automatically distribute the user's benefit (For details, please click https://dmex.finance/) The loaded data in the Ethereum is open and transparent which eliminates any fraudulent behavior, and the benefits are automatically traced without any pitfalls or defaults. DAO autonomy, the member who holds NFT has the right to participate and therefore it governs DMEX. Such as pre-sale audit of CPU power submitted by mining service providers, DAO members can vote and decide. If the miner does not fulfill the contract to release tokens, or the amount released is less than 80% of the average standard of the market in five consecutive days, The users could apply for refund through the DAO platform.(For details, please click https://dmex.finance/) Story continues The big question remains - How will DMEX transform the industry, a trading platform that combines traditional financial ABS and DeFi? Let's wait and see. Contact Person: Bay Max . BM Tel:(209)881-7562 Email: [email protected] Web: https://www.dmex.finance/ SOURCE: DMEX View source version on accesswire.com: https://www.accesswire.com/620337/DMEX-the-first-ABS-NFT-lending-and-trading-platform View comments", "NEW YORK, NY / ACCESSWIRE / December 9, 2020 /Recently, the reporter found that a block-chain technical team in London has developed ABS platform for loan and transaction - DMEX. Its underlying assets include the three biggest block- chain projects: Mining Force, Bitcoin, and Ethereum. Filecoin possesses the largest number of entities of mining machines with three kinds of major currencies. To the miners of the three kinds of currencies, the biggest headache is: how the capital that overstocked by investment force and mining machines could calculate.(For details, please click https://dmex.finance/)\nWe all know that repayment of future cash flows supports ABS (Asset-backed Securities) This is generated by underlying assets and aims to obtain the maximum cash by discounting and selling it, that is, to make the fixed assets circulate.\nWhat effects will there be when the traditional financial services combine with decentralized financial DeFi?\nDMEX platform securitizes the mining power of Bitcoin, Ethereum, and Filecoin. Different NFT corresponds to different mining power. Thus, fixed mining machines and mining power could circulate in the market; the mining power owners could sell or pledge them to obtain liquid funds.\nIt is a good thing for miners to put their fixed assets into circulation. But, this is not the only problem that miners or investors are facing. They also have other concerns, such as the unfairness and opacity of mining power institutions.\nAt present, the majority of mining machines are in the form of pledge to the mining camps, the actual owners of mining machines can only know their own income through the information from the mining camps, and then passively accept. Without supervision of any third party, the credibility of the information provided by mining camps has always been in doubt.\nTo address this problem, DMEX puts key data such as the total mining power, benefits, process into smart Ethereum contracts, which automatically distribute the user's benefit (For details, please click https://dmex.finance/)\nThe loaded data in the Ethereum is open and transparent which eliminates any fraudulent behavior, and the benefits are automatically traced without any pitfalls or defaults.\nDAO autonomy, the member who holds NFT has the right to participate and therefore it governs DMEX. Such as pre-sale audit of CPU power submitted by mining service providers, DAO members can vote and decide. If the miner does not fulfill the contract to release tokens, or the amount released is less than 80% of the average standard of the market in five consecutive days, The users could apply for refund through the DAO platform.(For details, please click https://dmex.finance/)\nThe big question remains - How will DMEX transform the industry, a trading platform that combines traditional financial ABS and DeFi? Let's wait and see.\nContact Person:Bay Max . BMTel:(209)881-7562Email:[email protected]:https://www.dmex.finance/\nSOURCE:DMEX\nView source version on accesswire.com:https://www.accesswire.com/620337/DMEX-the-first-ABS-NFT-lending-and-trading-platform", 'Paxos, the cryptocurrency partner ofPayPal Holdings Ltd(NASDAQ:PYPL), has filed an application with the Office of The Comptroller of the Currency (OCC) in order to obtain a charter to form a national bank.\nWhat Happened:The Paxos National Trust would operate out of New York, according to anapplicationfirstnoticedby CoinDesk.\nPaxos’ general counsel and chief compliance officer Dan Burstein wrote in ablog poston\xa0Wednesday that, if the New York-based company is granted the charter, it would become the “first custodian of digital assets to be regulated at both the state and federal levels.”\n“A national Trust Bank charter provides us with [the]\xa0 flexibility to operate across the US while continuing to adhere to the highest regulatory standards,” Burstein said.\nThe general counsel added it was beneficial for Paxos to hold trust charters from the state regulator — New York State Department of Financial Services — and the OCC, which regulates at a federal level.\nWhy It Matters:The Paxos application would be subject to a 30-day comment period and there is no surety that it would be sanctioned, noted CoinDesk.\nActing Comptroller Brain Brooks has reportedly said publicly that he would like cryptocurrency companies to secure federal charters.\nKraken and Avanti earliersecuredstate charters from the Wyoming Division of Banking.\nPaypal and Paxospartneredthis summer to provide services to the users of the latter to buy or sell virtual assets likeBitcoin.\nThe Peter Thiel-co-founded payments processorstarted offeringBitcoin (BTC), Ethereum (ETC), and other cryptocurrencies in late October.\nLast month, it was reported that Paxos saw a500% surge in trading volumein a month as trading volumes rose to $26.57 million.\nPrice Action:PayPal shares closed nearly 2.8% lower at $210.80 on Wednesday. Bitcoin traded 0.99% higher at $18,355.05 at press time.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Elon Musk Advises Fellow CEOs To Spend Less Time On PowerPoint And Do This Instead\n• MicroStrategy Plans To Raise 0M In Debt And Use It To Pile Up More Bitcoin\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Paxos, the cryptocurrency partner of PayPal Holdings Ltd (NASDAQ: PYPL ), has filed an application with the Office of The Comptroller of the Currency (OCC) in order to obtain a charter to form a national bank. What Happened: The Paxos National Trust would operate out of New York, according to an application first noticed by CoinDesk. Paxos’ general counsel and chief compliance officer Dan Burstein wrote in a blog post on\xa0Wednesday that, if the New York-based company is granted the charter, it would become the “first custodian of digital assets to be regulated at both the state and federal levels.” “A national Trust Bank charter provides us with [the]\xa0 flexibility to operate across the US while continuing to adhere to the highest regulatory standards,” Burstein said. The general counsel added it was beneficial for Paxos to hold trust charters from the state regulator — New York State Department of Financial Services — and the OCC, which regulates at a federal level. Why It Matters: The Paxos application would be subject to a 30-day comment period and there is no surety that it would be sanctioned, noted CoinDesk. Acting Comptroller Brain Brooks has reportedly said publicly that he would like cryptocurrency companies to secure federal charters. Kraken and Avanti earlier secured state charters from the Wyoming Division of Banking. Paypal and Paxos partnered this summer to provide services to the users of the latter to buy or sell virtual assets like Bitcoin . The Peter Thiel-co-founded payments proc **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: 2020-12-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $337,929,731,556 - Hash Rate: 123799952.47124276 - Transaction Count: 313649.0 - Unique Addresses: 713602.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For Immediate Release Chicago, IL – October 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Reality Shares Nasdaq NexGen Economy ETF BLCN, Amplify Transformational Data Sharing ETF BLOK, First Trust Indxx Innovative Transaction & Process ETF LEGR, iShares PHLX Semiconductor ETF SOXX and VanEck Vectors Semiconductor ETF SMH. Here are highlights from Friday’s Analyst Blog: ETFs to Gain on Growing Viability of Cryptocurrencies As soon as COVID-19 hit the globe, social distancing mandates and fears that notes may be carriers of the virus made the concept of digital currency popular. Be it corporations or central banks – all are mulling over the greater acceptance of cryptocurrencies. Notably, bitcoin is up about 80% this year as cryptocurrencies are drawing considerable attention this year. Bitcoin crossed the mark of $12,000 lately and marked its highest level since July 2019 on Oct 21. Corporations’ Greater Acceptance On Oct 21, PayPal announced that it will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service makes PayPal one of the largest U.S. companies to provide consumers access to cryptocurrencies. This is great news for bitcoin and rival cryptocurrencies. Bitcoin jumped about 7% on Oct 21 on the PayPal news. PayPal competitor Square launched support for bitcoin back in 2018 through its Cash app. Square also bought $50 million in bitcoin this month as part of a larger investment in cryptocurrency. However, PayPal is broadening the area by supporting bitcoin, Ethereum, Bitcoin Cash, and Litecoin. PayPal also plans to extend support to its money-sending subsidiary Venmo and international markets starting in the first half of 2021. Story continues For now, the plan is only to support U.S. users. Notably, U.S. account holders will be able to buy, sell and hold cryptocurrencies in their PayPal wallets over the coming weeks, the company said, as quoted on Reuters. Other companies those accept bitcoins include Microsoft, AT&T, Dish Network, Burger King, Domino’s Pizza, Goldman Sachs, Intuit Inc, American online retailer Overstock, Shopify, Virgin Galactic, Zynga and Etsy,among others. Central Bank Digital Currency (CBDC) Concept Spreading Several central banks are considering the rollout of CBDCs lately. China has been taking serious moves toward no-touch payments. In efforts to match with China, seven major central banks last week set the key principles for issuing CBDCs, per Reuters. China's recent experimental $1.5 million (1.16 million pounds) giveaway of digital yuan to Shenzhen citizens received kudos from currency analysts. Sweden’s Central Bank, Riksbank is also conducting a pilot project with Accenture to prepare e-krona. The European Central Bank (ECB) is mulling over the rollout of a "digital euro" for the 19-nation currency club. The ECB launched a public consultation on a potential digital euro on Oct 12.  In its 2020-2024 strategic plan, the Bank of Spain also said that it will focus on design proposals for a central bank digital currency. On Oct 19, Jerome Powell, Chairman of the Board of Governors of the U.S. Federal Reserve, said that the Fed is committed to considering a CBDC but made no final call on it.  The Fed wants “to get it right than be first,” said Jerome Powell. “One set of experiments is being carried out at the board of governors here in Washington, D.C.,” Powell said. How to Invest in the Recent Rise of Cryptocurrencies? Investors can choose to invest in options like blockchain ETFs. Per a source, “the blockchain in Bitcoin literally acts [as] a ledger; it keeps track of the balances for all users and updates them as money changes hands.” “Invented to host bitcoin, today many other cryptocurrencies are also based on blockchain technology.” So, since investors cannot lay their hands on a digital currency ETF now, they can definitely familiarize with the concept through blockchain ETFs like Reality Shares Nasdaq NexGen Economy ETF , Amplify Transformational Data Sharing ETF and First Trust Indxx Innovative Transaction & Process ETF . Also, ETFs offering exposure to the blockchain ecosystem via semiconductor companies that make chips for bitcoin mining (or could make for some potential CBDCs) can be played. The most-popular funds include iShares PHLX Semiconductor ETF and VanEck Vectors Semiconductor ETF . Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Join us on Facbook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares PHLX Semiconductor ETF (SOXX): ETF Research Reports VanEck Vectors Semiconductor ETF (SMH): ETF Research Reports Reality Shares Nasdaq NexGen Economy ETF (BLCN): ETF Research Reports Amplify Transformational Data Sharing ETF (BLOK): ETF Research Reports First Trust Indxx Innovative Transaction Process ETF (LEGR): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): []... 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 to USD, fell by 1.61% on Thursday. Reversing a 1.25% gain from Wednesday, Bitcoin ended the day at $18,260.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $18,568.0 before hitting reverse. Falling short of the first major resistance level at $18,878, Bitcoin fell to a mid-afternoon intraday low $17,935.0. The reversal saw Bitcoin fall through the first major support level at $17,990 before a brief revisit to $18,300 levels late in the day. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Polkadot bucked the trend on the day, with a 0.1% gain. It was a bearish day for the rest of the majors, however. Chainlink slid by 5.72% to lead the way down, with Cardano’s ADA (-4.24%) and Litecoin (-3.50%) also struggling. Binance Coin (-1.69%), Bitcoin Cash SV , (-1.46%), Crypto.com Coin (-1.66%), Ethereum (-2.61%), and Ripple’s XRP (-1.92%) saw relatively modest losses on the day. In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Wednesday low $509.70bn. At the time of writing, the total market cap stood at $525.77bn. Bitcoin’s dominance rose to a Wednesday high 64.26% before falling to a Wednesday low 63.03%. At the time of writing, Bitcoin’s dominance stood at 63.80%. This Morning At the time of writing, Bitcoin was down by 1.03% to $18,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,299.0 before falling to a low $18,070.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day for the majors. At the time of writing, Ripple’s XRP was down by 2.69% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $18,254 to bring the first major resistance level at $18,574 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $18,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $18,887 and resistance at $19,000 would likely come into play. Failure to move back through the $18,254 pivot would bring the first major support level at $17,941 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of the second major support level at $17,621. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 29780 Sets Tone into Close Crude Oil Price Forecast – Crude Oil Markets Rally On Stimulus Hopes Natural Gas Price Forecast – Natural Gas Consolidates At 200 Day EMA Gold Price Futures (GC) Technical Analysis – Rangebound Between a Pair of Retracement Zones Natural Gas Price Prediction – Prices Rise Following Inventory Report USD/CAD Daily Forecast – Oil Rally Boosts Canadian Dollar', 'Bitcoin, BTC to USD, fell by 1.61% on Thursday. Reversing a 1.25% gain from Wednesday, Bitcoin ended the day at $18,260.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $18,568.0 before hitting reverse.\nFalling short of the first major resistance level at $18,878, Bitcoin fell to a mid-afternoon intraday low $17,935.0.\nThe reversal saw Bitcoin fall through the first major support level at $17,990 before a brief revisit to $18,300 levels late in the day.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nPolkadot bucked the trend on the day, with a 0.1% gain.\nIt was a bearish day for the rest of the majors, however.\nChainlinkslid by 5.72% to lead the way down, withCardano’s ADA(-4.24%) andLitecoin(-3.50%) also struggling.\nBinance Coin(-1.69%),Bitcoin Cash SV, (-1.46%),Crypto.com Coin(-1.66%),Ethereum(-2.61%), andRipple’s XRP(-1.92%) saw relatively modest losses on the day.\nIn the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Wednesday low $509.70bn. At the time of writing, the total market cap stood at $525.77bn.\nBitcoin’s dominance rose to a Wednesday high 64.26% before falling to a Wednesday low 63.03%. At the time of writing, Bitcoin’s dominance stood at 63.80%.\nAt the time of writing, Bitcoin was down by 1.03% to $18,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $18,299.0 before falling to a low $18,070.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day for the majors.\nAt the time of writing, Ripple’s XRP was down by 2.69% to lead the way down.\nBitcoin would need to move back through the pivot level at $18,254 to bring the first major resistance level at $18,574 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $18,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $18,887 and resistance at $19,000 would likely come into play.\nFailure to move back through the $18,254 pivot would bring the first major support level at $17,941 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of the second major support level at $17,621.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 29780 Sets Tone into Close\n• Crude Oil Price Forecast – Crude Oil Markets Rally On Stimulus Hopes\n• Natural Gas Price Forecast – Natural Gas Consolidates At 200 Day EMA\n• Gold Price Futures (GC) Technical Analysis – Rangebound Between a Pair of Retracement Zones\n• Natural Gas Price Prediction – Prices Rise Following Inventory Report\n• USD/CAD Daily Forecast – Oil Rally Boosts Canadian Dollar', 'Massachusetts Mutual Life Insurance Company (MassMutual) has invested $100 million inBitcoinand purchased a minority stake in NYDIG, a Bitcoin technology provider, which also facilitated the transaction.\nWhat Happened:MassMutual — which has operated since 1851\xa0— is also picking up a minority stake in NYDIG amounting to $5 million.\n“We are proud of this incredible moment in the history of both Bitcoin and the insurance industry,"\xa0NYDIG CEO Robert Gutmann said in a statement.\n"This reflects the expansion of Bitcoin to insurance company general investment accounts, as well as NYDIG’s unique ability to meet the complex needs of the most demanding institutional investors.”\nThe New York-based NYDIG said it has over $2.3 billion of digital assets under custody.\nWhy It Matters:The MassMutual investment is small by the standards of the company which has a general investment account that totals almost $235 billion as of Sept. 30,accordingto the Wall Street Journal.\nBitcoin has attracted an increased institutional interest of late. This week,MicroStrategy Inc(NASDAQ:MSTR) said it wasraising 0 million in senior notesto buy Bitcoin.\nMicroStrategyupped its investmentfrom the initially announced $400 million with the span of a week.\nOther companies coming onboard the Bitcoin-train includePayPal Holdings Inc.(NASDAQ:PYPL) andSquare Inc.(NYSE:SQ).\nPrice Action:Bitcoin traded 6.75% lower at $17,915.22 at press-time. GBTC closed Thursday nearly 7% higher at $21.47.\nRelated Links:\nSquare Invests M In Bitcoin; Dorsey Sees A Currency For The Internet\nPayPal Brings Bitcoin Trading To Account Holders, Merchants\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• MicroStrategy Just Can\'t Get Enough Of Bitcoin — To Now Raise 0M In Debt To Fund Purchase\n• PayPal Cryptocurrency Partner Paxos Seeks To Become US-Regulated Bank\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Massachusetts Mutual Life Insurance Company (MassMutual) has invested $100 million in Bitcoin and purchased a minority stake in NYDIG, a Bitcoin technology provider, which also facilitated the transaction. What Happened: MassMutual \x97 which has operated since 1851\xa0\x97 is also picking up a minority stake in NYDIG amounting to $5 million. \x93We are proud of this incredible moment in the history of both Bitcoin and the insurance industry,"\xa0NYDIG CEO Robert Gutmann said in a statement. "This reflects the expansion of Bitcoin to insurance company general investment accounts, as well as NYDIG\x92s unique ability to meet the complex needs of the most demanding institutional investors.\x94 The New York-based NYDIG said it has over $2.3 billion of digital assets under custody. Why It Matters: The MassMutual investment is small by the standards of the company which has a general investment account that totals almost $235 billion as of Sept. 30, according to the Wall Street Journal. Bitcoin has attracted an increased institutional interest of late. This week, MicroStrategy Inc (NASDAQ: MSTR ) said it was raising 0 million in senior notes to buy Bitcoin. MicroStrategy upped its investment from the initially announced $400 million with the span of a week. Other companies coming onboard the Bitcoin-train include PayPal Holdings Inc. (NASDAQ: PYPL ) and Square Inc. (NYSE: SQ ). Price Action: Bitcoin traded 6.75% lower at $17,915.22 at press-time. GBTC closed Thursday nearly 7% higher at $21.47. Related Links: Square Invests M In Bitcoin; Dorsey Sees A Currency For The Internet PayPal Brings Bitcoin Trading To Account Holders, Merchants See more from Benzinga Click here for options trades from Benzinga Mic **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: 2020-12-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $334,006,805,250 - Hash Rate: 131418411.08485769 - Transaction Count: 304735.0 - Unique Addresses: 711679.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.89 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removingtrading fees. Announced today,LVL(pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano andbitcoinadvocates Jimmy Song and Willy Woo, previously had no trading fees but only for subscription users. LVL is also partnering with Mastercard to release two debit cards in early 2021. A standard plastic debit card will be available to free-tier users for a $10 issuing fee, while a metal Mastercard is included with three months of LVL’s Premium service. Related:Crypto.com Takes Steps Toward Financial Licensure in Malta The new features come as bitcoin is hittingall-time highs. “We’ve always been behind a subscription paywall but now we’re just making our entire service free to use,” said LVL CEO Chris Slaughter. “You can buy and sell bitcoin, you can use the plastic debit card. So now in North America, there’s a regulated exchange that’s 100% free to use.” Read more:Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know LVL’s point is that large U.S. exchanges like Coinbase and Gemini with remarkably similarpricingschemescreate a lack of competition. If it takes a scrappy minnow with just $2.5 million raised to date to disrupt the monopoly effects of these crypto exchanges, Slaughter said, then bring it on. Related:Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation “We are a super scrappy business contender by nature,” he said. “Like, we only have seven people but we have the first Mastercard approval in North America. We’re registered with FinCEN. And not only do we have bank accounts, they are full checking accounts.” (LVL also provides FDIC insurance on those accounts through banking platform Evolve, Slaughter said.) The exchange makes its money, Slaughter explained, by charging $3 for withdrawals, which primarily covers network fees. (Coinbase chargesa $1-$5 network fee.) The trading platform also charges $5 for same-day bank transfers and wires, which covers the exchange’s risk provisioning credit to users and generates some income for LVL, Slaughter said. The premium service at $9 per month, which also includes live-chat facility with a banker, is the means by which LVL Autopilot brings liquidity to the platform. The system runs industry-standard market-making algorithms, providing liquidity to traders and generating passive income for the Autopilot user, says Slaughter. “Based on our current number of pro users, and the way we expect liquidity to grow following this announcement, we expect to pass Coinbase’s liquidity within the 2% band in January,” said Slaughter. Read more:5 Reasons Why Bitcoin Just Hit an All-Time High Price For now, LVL is available in 28 states and territories representing 60% of the U.S population, and is expected to service 94% of Americans by the end of 2021, Slaughter said. “William [Woo] and Jimmy [Song] were involved so freakishly early that they actually have founder shares,” said Slaughter. “Pomp got involved in the second half of last year and we have regular weekly meetings with him to talk about marketing.” Song said the aim is to even the playing field for users who are currently being scalped for fees. “Level is a revolutionary exchange that will change the game,” Song said via email. “Unlimited trading allows for really interesting innovations like an autopilot market-making which will give users a return on their Bitcoin.” • Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini • Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini... - Reddit Posts (Sample): []... 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 to USD, fell 1.17% on Friday. Following on from a 1.61% decline on Thursday, Bitcoin ended the day at $18,049.9. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $18,299.0 before hitting reverse. Falling short of the first major resistance level at $18,574, Bitcoin fell to a late morning intraday low $17,629.0. The reversal saw Bitcoin fall through the first major support level at $17,941. Finding support at the second major support level at $17,621, Bitcoin briefly revisited $18,190 levels before ending the day at sub-$18,100. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Litecoin and Ripple’s XRP slid by 3.39% and by 3.72% respectively to lead the way down. Bitcoin Cash SV , (-2.28%), Chainlink (-2.05%), Ethereum (-2.65%) and Polkadot (-2.70%) and also saw relatively heavy losses. Binance Coin (-1.21%), Cardano’s ADA (-1.79%), and Crypto.com Coin (-1.69%) saw relatively modest losses on the day. In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $531.62bn. Bitcoin’s dominance rose to a Wednesday high 64.26% before falling to a Wednesday low 63.03%. At the time of writing, Bitcoin’s dominance stood at 64.01%. This Morning At the time of writing, Bitcoin was up by 1.62% to $18,342.0. A bullish start to the day saw Bitcoin rise from an early morning low $18,049.9 to a high $18,400.0. Bitcoin broke through the first major resistance level at $18,356 early on before easing back. Elsewhere, it was a mixed start to the day. Ripple’s XRP (-2.22%) and Bitcoin Cash SV (-0.77%) saw red to buck the trend early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 4.84% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $17,993 to bring the first major resistance level at $18,356 back into play. Support from the broader market would be needed for Bitcoin to hold onto $18,300 levels early on. Barring an extended crypto rally, the first major resistance level and resistance at $18,500 would likely cap any upside. In the event of an extended crypto rally, the second major resistance level at $18,663 and resistance at $19,000 would likely come into play. Failure to avoid a fall through the $17,993 pivot would bring the first major support level at $17,686 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,323. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Stock Markets Pull Back E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Over 29917, Weak Under 29780 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 12th, 2020 Crude Oil Weekly Price Forecast – Crude Oil Markets Pause Crude Oil Price Forecast – Crude Oil Markets Quiet on Friday COVID-19 Vaccine Update – Pfizer Inc. Approval Imminent Amidst a Virus Surge', 'Bitcoin , BTC to USD, fell 1.17% on Friday. Following on from a 1.61% decline on Thursday, Bitcoin ended the day at $18,049.9. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $18,299.0 before hitting reverse. Falling short of the first major resistance level at $18,574, Bitcoin fell to a late morning intraday low $17,629.0. The reversal saw Bitcoin fall through the first major support level at $17,941. Finding support at the second major support level at $17,621, Bitcoin briefly revisited $18,190 levels before ending the day at sub-$18,100. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Litecoin and Ripple’s XRP slid by 3.39% and by 3.72% respectively to lead the way down. Bitcoin Cash SV , (-2.28%), Chainlink (-2.05%), Ethereum (-2.65%) and Polkadot (-2.70%) and also saw relatively heavy losses. Binance Coin (-1.21%), Cardano’s ADA (-1.79%), and Crypto.com Coin (-1.69%) saw relatively modest losses on the day. In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $531.62bn. Bitcoin’s dominance rose to a Wednesday high 64.26% before falling to a Wednesday low 63.03%. At the time of writing, Bitcoin’s dominance stood at 64.01%. This Morning At the time of writing, Bitcoin was up by 1.62% to $18,342.0. A bullish start to the day saw Bitcoin rise from an early morning low $18,049.9 to a high $18,400.0. Bitcoin broke through the first major resistance level at $18,356 early on before easing back. Elsewhere, it was a mixed start to the day. Ripple’s XRP (-2.22%) and Bitcoin Cash SV (-0.77%) saw red to buck the trend early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 4.84% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $17,993 to bring the first major resistance level at $18,356 back into play. Support from the broader market would be needed for Bitcoin to hold onto $18,300 levels early on. Barring an extended crypto rally, the first major resistance level and resistance at $18,500 would likely cap any upside. In the event of an extended crypto rally, the second major resistance level at $18,663 and resistance at $19,000 would likely come into play. Failure to avoid a fall through the $17,993 pivot would bring the first major support level at $17,686 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$17,500 levels. The second major support level sits at $17,323. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Stock Markets Pull Back E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Over 29917, Weak Under 29780 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 12th, 2020 Crude Oil Weekly Price Forecast – Crude Oil Markets Pause Crude Oil Price Forecast – Crude Oil Markets Quiet on Friday COVID-19 Vaccine Update – Pfizer Inc. Approval Imminent Amidst a Virus Surge', 'A startup called Core Scientific announced this week that it hasraised$23 million to expand its cryptocurrency mining operations. The company, based in Bellevue, Wash., is already running crypto mines in North Carolina, Georgia, and Kentucky, and plans to open more before long.\nIt’s not hard to understand why. Right now, a single Bitcoin—the digital mining equivalent of a gold nugget—is worth around $20,000. Mining a single Bitcoin block brings a reward of 6.25 of them, or about $125,000.\nIf Core Scientific’s mining ventures are successful, the company will not just make a lot of money. It will also help to repatriate crypto production to the United States, where Bitcoin got its start.\nThe recent resurgence in crypto mining feels like a good-news story. Mining companies like Core Scientific are in a position to make money and create jobs in rural areas, while also ensuring more Bitcoin—which is becoming a strategic asset—ends up in American hands.\nBut there are also reasons for caution. The last crypto-mining boom promised similar benefits but resulted in fly-by-night companies leaving a trail of scams and environmental degradation in their wake. Will the outcome be any different this time?\nMining cryptocurrency is different from conventional mining in some obvious ways. There’s no excavating and hauling ore. And the tools of the trade are not pickaxes and dynamite. Instead, crypto miners rely on two things to make a living: custom-designed computer chips and a torrent of electricity. A crypto-mining operation looks like this:\nIn order to find a digital nugget, crypto miners pit their computers against others around the world in a race to solve complex math problems. The computer that solves the problem broadcasts the solution to others on the network and, in doing so, adds a block tothe blockchain—a tamperproof ledger that serves as a public record of transactions. For their trouble, the owner of the winning computer pockets the “block reward,” which is 6.25 Bitcoins in the case of Bitcoin plus transaction fees. The process is repeated every 10 minutes or so.\nIn the early days, when it was still viable to mine Bitcoin with a home laptop, a large proportion of crypto mining took place in the U.S. But as the computer power needed to solve the math problems increased, Chinese mining operations came to dominate.\nThe Chinese miners enjoyed two advantages: easy access to cheap power, including in places like Mongolia, and a domestic manufacturing base capable of cranking out so-called mining rigs—computers with custom chips made just for mining. While there are other mining operations around the globe, China remains far and away the leader, as can be seen inthis chartfrom the Cambridge Centre for Alternative Finance:\nNow, some U.S. companies believe they can wrest some of the mining pie back from China. In the case of Core Scientific, it has struck arrangements for cheap power across five sites, spanning over 100 acres in total, in Dalton, Ga., Marble, N.C., and Calvert City, Ky. The firm has also cut deals with Chinese manufacturers to get first dibs on the newest mining rigs, and plans to mine not just Bitcoin but so-called alt coins like Litecoin, Bitcoin Cash, **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: 2020-12-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $334,006,805,250 - Hash Rate: 125704567.1246465 - Transaction Count: 295410.0 - Unique Addresses: 654893.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Boeing , the world’s largest aerospace company, upgraded their rolling 20-year forecast for China’s aircraft demand and said the world’s second-biggest economy remains on track to become a leading global aviation market with eyes on 20-year demand for commercial airplanes and services worth $3.1 trillion. The Boeing Market Outlook forecasts China’s airlines to acquire 8,600 new airplanes worth $1.4 trillion and commercial aviation services for $1.7 trillion over the next 20 years. That will help the aircraft producer to recover from the COVID-19 pandemic crisis . The U.S. planemaker said the world’s second-largest economy has seen rapid growth in middle-class income, robust economic growth and fast-growing urbanization, indicating the country will lead passenger travel globally over the next few years. Boeing forecasts China’s annual passenger traffic growth to be 5.5% over the next 20 years. Late last month, Boeing reported a loss for the fourth consecutive time in the third quarter as the slowdown in air travel demand due to the COVID-19 pandemic and grounding of 737 MAX hammered aircraft sales. Boeing shares closed 3.46% lower at $182.15 on Wednesday; the stock is down about 45% so far this year. Executive Comments “While COVID-19 has severely impacted every passenger market worldwide, China’s fundamental growth drivers remain resilient and robust,” said Richard Wynne, managing director, China Marketing, Boeing Commercial Airplanes. “Not only has China’s recovery from COVID-19 outpaced the rest of the world, but also continued government investments toward improving and expanding its transportation infrastructure, large regional traffic flows, and a flourishing domestic market mean this region of the world will thrive.” Boeing Stock Price Forecast Seventeen equity analysts forecast the average price in 12 months at $182.94 with a high forecast of $260.00 and a low forecast of $137.00. The average price target represents a 0.43% increase from the last price of $182.15. From those 17 analysts, eight rated “Buy”, eight rated “Hold” and one rated “Sell”, according to Tipranks. Story continues Morgan Stanley gave the base target price of $165 with a high of $238 under a bull-case scenario and $68 under the worst-case scenario. The firm currently has an “Underweight” rating on the global aerospace company’s stock. UBS Group set a $150 target price on the Boeing. The firm currently has a neutral rating on the aircraft producer’s stock. Several other analysts have also recently commented on the stock. JP Morgan raised their stock price forecast to $190 from $155. Alembic Global Advisors upgraded shares of the Boeing to an overweight rating from a neutral rating and raised their price target to $184 from $150. Credit Suisse Group dropped their price objective to $74 from $84 and set a neutral rating on the stock. Canaccord Genuity reaffirmed a hold rating and issued a $155.00 price objective on shares. Analyst Comments “We view Boeing as a relative Underweight as we see better opportunities in the aftermarket. We view Boeing’s order book to be more at risk post-COVID than consensus based on our analysis. The main reasons are: 1) A vaccine will not fix airline’s ability to take deliveries overnight; 2) the 737 MAX delay trigger cancellation rights; and 3) the potential for additional 737 MAX delays is still outstanding,” said Kristine Liwag, equity analyst at Morgan Stanley. “Based on our bottom-up MS Aerospace Retirement Analysis, we estimate there is a $73 billion downside risk to Boeing’s revenue in 2020-2025. If air traffic does not quickly recover back to 2019 levels and airlines don’t regain pre-COVID-19 profitability, there are significant risks of cancellations.” Upside and Downside Risks Risks to Upside: 1) 737 MAX successful re-entry into service converts inventory into cash. 2) Acceleration of aircraft retirements boost new aircraft demand. 3) Profitable customer airlines order new aircraft – highlighted by Morgan Stanley. Risks to Downside: 1) Potential additional 737 MAX delays create additional downside risk to the program. 2) Delayed aircraft retirements lower new aircraft demand. 3) Distressed customers’ financials trigger order cancellations. Check out FX Empire’s earnings calendar This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Close Under .6883 Forms Closing Price Reversal Top E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 11955.75, Weakens Under 11675.50 Bitcoin 16K Area Carries Too Much Risk For New Long E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3587.25, Weakens Under 3506.50 GBP/USD Daily Forecast – British Pound Pulls Back On Brexit Uncertainty Pfizer’s COVID-19 Vaccine weighs on Gold prices... - 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, BTC to USD, rallied by 4.25% on Saturday. Reversing a 1.17% fall from Friday, Bitcoin ended the day at $18,818.0.\nIt was a bullish start to the weekend. Bitcoin rallied from an early morning intraday low $18,049.9 to a late intraday high $18,944.0.\nBitcoin broke through the first major resistance level at $18,356 and the second major resistance level at $18,663.\nComing up against resistance at $19,000, Bitcoin eased back to end the day at sub-$18,900 levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot andRipple’s XRPfell by 1.46% and by 8.21% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nLitecoinrallied by 6.21% to lead the way.\nBinance Coin(+2.99%),Cardano’s ADA(+3.76%),Chainlink(+4.79%), andEthereum(+4.43%) also made solid gains.\nBitcoin Cash SV, (+1.28%) andCrypto.com Coin(+0.69%) saw relatively modest gains on the day, however.\nIn the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $543.45bn.\nBitcoin’s dominance fell to a Wednesday low 63.03% before rising to a Saturday high 64.50%. At the time of writing, Bitcoin’s dominance stood at 64.44%.\nAt the time of writing, Bitcoin was up by 0.30% to $18,875.0. A mixed start to the day saw Bitcoin dip to an early morning low $18,811.0 before rising to a high $18,877.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day\nBitcoin Cash SV was down by 0.20% to buck the trend early on.\nIt was a bullish start to the day for the rest of the majors, however.\nAt the time of writing, Chainlink was up by 1.53% to lead the pack.\nBitcoin would need to avoid a fall through the pivot level at $18,604 to bring the first major resistance level at $19,158 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $19,000 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, the second major resistance level at $19,498 would likely come into play.\nFailure to avoid a fall through the $18,604 pivot would bring the first major support level at $18,264 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,710.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Forecast – Crude Oil Markets Quiet on Friday\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Pause\n• US Stock Market Overview – Stock Rise Led by Disney; Energy Lags\n• USD/CAD Daily Forecast – Test Of Resistance At 1.2775\n• U.S Mortgage Rates Flat after a 14th Record Low\n• European Equities: A Week in Review – 11/12/20', 'Bitcoin , BTC to USD, rallied by 4.25% on Saturday. Reversing a 1.17% fall from Friday, Bitcoin ended the day at $18,818.0. It was a bullish start to the weekend. Bitcoin rallied from an early morning intraday low $18,049.9 to a late intraday high $18,944.0. Bitcoin broke through the first major resistance level at $18,356 and the second major resistance level at $18,663. Coming up against resistance at $19,000, Bitcoin eased back to end the day at sub-$18,900 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$18,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Polkadot and Ripple’s XRP fell by 1.46% and by 8.21% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Litecoin rallied by 6.21% to lead the way. Binance Coin (+2.99%), Cardano’s ADA (+3.76%), Chainlink (+4.79%), and Ethereum (+4.43%) also made solid gains. Bitcoin Cash SV , (+1.28%) and Crypto.com Coin (+0.69%) saw relatively modest gains on the day, however. In the current week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $543.45bn. Bitcoin’s dominance fell to a Wednesday low 63.03% before rising to a Saturday high 64.50%. At the time of writing, Bitcoin’s dominance stood at 64.44%. This Morning At the time of writing, Bitcoin was up by 0.30% to $18,875.0. A mixed start to the day saw Bitcoin dip to an early morning low $18,811.0 before rising to a high $18,877.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day Bitcoin Cash SV was down by 0.20% to buck the trend early on. It was a bullish start to the day for the rest of the majors, however. At the time of writing, Chainlink was up by 1.53% to lead the pack. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $18,604 to bring the first major resistance level at $19,158 into play. Support from the broader market would be needed for Bitcoin to break back through to $19,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, the second major resistance level at $19,498 would likely come into play. Failure to avoid a fall through the $18,604 pivot would bring the first major support level at $18,264 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$18,000 levels. The second major support level sits at $17,710. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Forecast – Crude Oil Markets Quiet on Friday Crude Oil Weekly Price Forecast – Crude Oil Markets Pause US Stock Market Overview – Stock Rise Led by Disney; Energy Lags USD/CAD Daily Forecast – Test Of Resistance At 1.2775 U.S Mortgage Rates Flat after a 14th Record Low European Equities: A Week in Review – 11/12/20', 'Major Crypto Media Company Makes Market Forecast.\nLondon, UK, Dec. 12, 2020 (GLOBE NEWSWIRE) -- On Monday, November 30th the financial world held their collective breath as Bitcoin reached its highest value yet, topping its December 2017 all time high. The skeptics had been proven wrong.\nFinixio has been keeping a close eye on this story for years. The media company publishes a wide variety of content and has done for several years. As a result their expertise in the area is second to none, and they are making their forecast on its future....\nThe History\nIn 2017, Bitcoin rocked the market by reaching an unforeseen peak of $19,783. This made professionals and amateurs alike stand at attention and start to take cryptocurrencies seriously.\nThe dream didn’t last long. Bitcoin was still an extremely volatile asset and the currency crashed spectacularly shortly after. It lost 25% of its value in only a day and by late 2018 it was valued under $4,000. There was no shortage of financial skepticism regarding its future.\nBut Bitcoin had been worth only hundreds in 2016 and mere cents in 2008. Despite its colossal fall, it had stabilized at a price that would still make early adopters unbelievable profits.\nThe Present\nEighteen days before the third year anniversary of its previous high, Bitcoin reached a value of $19,857.03. It began the year around $7100 and by October, it was already exhibiting an amazingly profitable year.\nRenewed interest was sparking, and financial experts had started making amazing predictions from late spring. By the summer it was becoming clear that crypto and digital currency would have a huge role to play in the new global economy.\nBTC started November at $14,000 and ended it with a bang. Monday’s peak was followed by an expected devaluation. By Thursday trading had gone down slightly with exchange data showing only $990 million in trades versus Wednesday’s $1.3 B and November $1.5 B average.\nHowever, this time around people are not expecting a crash. In fact, both enthusiastic and cautious investors are predicting significant gains for Bitcoin in the next two years.\nA Volatile Asset\nEstimates vary wildly as to where the price of Bitcoin will land. Some say that it may reach $60,000 by next year, others believe it might even break $100,000.\nBut Finixio’s own Adam Grunwerg warns that Bitcoin is still a very volatile asset that’s likely to keep experiencing ebbs and flows. In the next year we could see fluctuations as big as 20-30% in BTC value.” As a partner who has traded the rise and fall and rise of the currency over many years, he has the experience to back this up.\nHowever, crypto trading expert Adam is largely optimistic about the future “These fluctuations are not going to be enough to slow it down. Bitcoin will likely break $50,000 in 2021.”\nThe market trend is clear. Despite Bitcoin’s variability, new bull cycles see the highs go higher and the lows get higher as well. This is to say that Bitcoin keeps breaking its previous records and stabilizing at higher prices after its drops.\nWhere is the Trust Coming From?\nThe reason for investors’ newfound faith in crypto has to do with who is doing the investing. In 2017, Bitcoin’s price was driven up by individual investors who believed in the future and value of the technology. At the time though, Bitcoin was not a reputable investment. It was not backed by any assets or by a government and lack of mainstream support was adding to its risk.\nIn 2020, the rise of Bitcoin isdriven by institutional investment. Large hedge funds and publicly traded companies are driving this bull cycle and they don’t present the same reputational drawbacks that retail investors do.\nRecently, Square and Paypal have added c **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: 2020-12-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $334,006,805,250 - Hash Rate: 148463110.1109586 - Transaction Count: 276160.0 - Unique Addresses: 611911.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: One of the world’s largest poker networks has said its players currently prefer bitcoin to fiat money for payouts. Winning Poker Network, which operates a number of online poker sites, said it has been forced to buy millions inbitcoina day to meet the demands of exiting players. As reportedby Bloombergon Thursday, 90%–95% of Winning Poker’s payouts are in bitcoin because of the recent price rise, said the company’s CEO, Phil Nagy. “We are constantly having to go out and buy bitcoin, lots. Lots. More than we’ve even had to before.” Related:Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B See also:Bitcoin Options Investors Are Starting to Hedge Against Potential Price Pullback According to Nagy, the business is clocking over 60% of its transaction volume in bitcoin, roughly $100 million a month. Geographically, the majority of the bitcoin demand derives from the U.S., despite online poker being illegal in most states. So far this year, bitcoin’s price has risen 155%, buoyed by bullish cryptocurrency fundamentals,inflation of fiat currenciesand the global coronavirus pandemic. Nagy noted his company doesn’t hold bitcoin, instead preferring to convert to fiat without delay due to the digital asset’s volatility. However, he also said that when bitcoin is down, players will pay with the cryptocurrency as a way to liquidate quickly, meaning his company has been “kind of stuck with it.” • Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant • Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant • Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant... - 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:** ["Fintech Header Quote To Start The Day: We’re really trying to encourage progress, not to force it. Source: Adena Friedman One Big Thing In Fintech: Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake in NYDIG. Source: Coindesk giphy (1)-Dec-14-2020-12-05-14-30-AM Other Key Fintech Developments: Tink valued over $800M after round. JPM finishes blockchain-based repo. Cleo taps $44M for money manager. Sigma releases API to detect crimes. Solactive raised $60M in new round. Embroker launching insurance tech. Governments look to Citi over crypto. DBS plans a digital exchange launch. Fidelity will hold bitcoin as collateral. Upvest scores funding for new APIs. Curv launches institutional DeFi tech. Watch Out For This: What the US Food and Drug Administration says is in Pfizer’s vaccine: Active Ingredient nucleoside-modified messenger RNA (modRNA) encoding the viral spike glycoprotein (S) of SARS-CoV-2 Lipids (4-hydroxybutyl)azanediyl)bis(hexane-6,1-diyl)bis (ALC-3015) (2- hexyldecanoate),2-[(polyethylene glycol)-2000]-N,N-ditetradecylacetamide (ALC-0159) 1,2-distearoyl-snglycero-3-phosphocholine (DPSC) cholesterol Salts potassium chloride monobasic potassium phosphate sodium chloride basic sodium phosphate dihydrate Other sucrose Source: MIT Interesting Reads: The SPAC pop gains more traction. EU, UK to go the extra mile in talks. Bitcoin price dislocations unpacked . Direct-to-consumer growth secrets . 300 schoolboys missing after attack. What is wrong with the Cyber Truck? Hyundai to control Boston Dynamics. American Air to offer COVID testing . US sues Facebook and gets a reply. Market Moving Headline: During last week’s trade, U.S. index futures auctioned to new all-time highs, before moving back into balance. Key Takeaways: - Positioning points to further volatility. - Macro-, technical-landscape is still bullish. Given that the higher-time frame breakout remains intact, the following frameworks for next week’s trade apply. Story continues In the best case, buyers surface at the $3,654.75 low-volume node and extend range up to the high-volume node at $3,667.75. High-volume areas denote value and should slow prices allowing participants enough time to enter and exit trades. An initiative drive through this area would portend a test of the $3,690.75 high-volume node, and then the prior all-time rally high. In the worst case, if the S&P 500 auctions below $3,630.00, participants would look to repair the poor structure just shy of $3,625.00. Finding acceptance (i.e., spending more than one half-hour of regular trade) below Friday’s range would be the most negative outcome. Source: Physik Invest /MES Chart Courtesy Of Physik Invest See more from Benzinga Click here for options trades from Benzinga 'Liquidity Jumping': Stock Market Update For The Week Ahead Fintech Focus Roundup For December 12, 2020 © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Quote To Start The Day:We’re really trying to encourage progress, not to force it.\nSource:Adena Friedman\nOne Big Thing In Fintech:Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake in NYDIG.\nSource:Coindesk\nOther Key Fintech Developments:\n• Tinkvaluedover $800M after round.\n• JPMfinishesblockchain-based repo.\n• Cleotaps$44M for money manager.\n• SigmareleasesAPI to detect crimes.\n• Solactiveraised$60M in new round.\n• Embrokerlaunchinginsurance tech.\n• Governmentslookto Citi over crypto.\n• DBSplansa digital exchange launch.\n• Fidelity willholdbitcoin as collateral.\n• Upvestscoresfunding for new APIs.\n• Curvlaunchesinstitutional DeFi tech.\nWatch Out For This:What the US Food and Drug Administration says is in Pfizer’s vaccine:\nActive Ingredient\n• nucleoside-modified messenger RNA (modRNA) encoding the viral spike glycoprotein (S) of SARS-CoV-2\nLipids\n• (4-hydroxybutyl)azanediyl)bis(hexane-6,1-diyl)bis (ALC-3015)\n• (2- hexyldecanoate),2-[(polyethylene glycol)-2000]-N,N-ditetradecylacetamide (ALC-0159)\n• 1,2-distearoyl-snglycero-3-phosphocholine (DPSC)\n• cholesterol\nSalts\n• potassium chloride\n• monobasic potassium phosphate\n• sodium chloride\n• basic sodium phosphate dihydrate\nOther\n• sucrose\nSource:MIT\nInteresting Reads:\n• The SPAC popgainsmore traction.\n• EU, UK to go theextramile in talks.\n• Bitcoin price dislocationsunpacked.\n• Direct-to-consumer growthsecrets.\n• 300 schoolboysmissingafter attack.\n• What iswrongwith the Cyber Truck?\n• Hyundai tocontrolBoston Dynamics.\n• American Air to offer COVIDtesting.\n• USsuesFacebook and gets a reply.\nMarket Moving Headline:During last week’s trade, U.S. index futures auctioned to new all-time highs, before moving back into balance.\nKey Takeaways:\n- Positioning points to further volatility.\n- Macro-, technical-landscape is still bullish.\nGiven that the higher-time frame breakout remains intact, the following frameworks for next week’s trade apply.\nIn the best case, buyers surface at the $3,654.75 low-volume node and extend range up to the high-volume node at $3,667.75. High-volume areas denote value and should slow prices allowing participants enough time to enter and exit trades. An initiative drive through this area would portend a test of the $3,690.75 high-volume node, and then the prior all-time rally high.\nIn the worst case, if the S&P 500 auctions below $3,630.00, participants would look to repair the poor structure just shy of $3,625.00. Finding acceptance (i.e., spending more than one half-hour of regular trade) below Friday’s range would be the most negative outcome.\nSource:Physik Invest\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• 'Liquidity Jumping': Stock Market Update For The Week Ahead\n• Fintech Focus Roundup For December 12, 2020\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin , BTC to USD, rose by 1.92% on Sunday. Following on from a 4.25% rally on Saturday, Bitcoin ended the week down by 1.18% to $19,180.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $18,720.7 before making a move. Steering clear of the first major support level at $18,264, Bitcoin rallied to an early afternoon intraday high $19,416.0. Bitcoin broke through the first major resistance level at $19,158 before falling back to sub-$19,100 levels. Finding support in the final hour, however, Bitcoin broke back through the first major resistance level to end the day at $19,180 levels. The near-term bullish trend remained intact, supported by the recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish end to the week. Cardano’s ADA (+6.48%), Chainlink (+5.93%), and Litecoin (+7.14%) led the way. Binance Coin (+3.37%), Crypto.com Coin (+3.75%), and Ethereum (+3.89%) also made solid gains. Bitcoin Cash SV (+1.58%), Polkadot (+1.29%), and Ripple’s XRP (+1.27%) trailed the front runners, however. For the week ending 13 th December, it was a bearish week for the majors, however. Ripple’s XRP led the way down, sliding by 17.78%. Bitcoin Cash SV (-7.1%), Cardano’s ADA (-3.06%), Chainlink (-4.32%), Crypto.com Coin (-3.94%), and Polkadot (-3.58%) also struggled. Binance Coin (-1.39%), Ethereum (-1.86%), and Litecoin (-1.65%) saw relatively modest losses in the week. For the week, the crypto total market cap rose to a Monday high $569.88bn before falling to a Friday low $509.01bn. At the time of writing, the total market cap stood at $551.5bn. Bitcoin’s dominance fell to a Wednesday low 63.03% before rising to a Sunday high 64.71%. At the time of writing, Bitcoin’s dominance stood at 64.24%. This Morning At the time of writing, Bitcoin was down by 0.55% to $19,074.0. A bearish start to the day saw Bitcoin fall from an early morning high $19,180.0 to a low $19.071.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.74%. It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 0.99% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $19,106 to bring the first major resistance level at $19,490 into play. Support from the broader market would be needed for Bitcoin to break out from Sunday’s high $19,416.0. Barring an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside. In the event of an extended crypto rally, the second major resistance level at $19,801 and resistance at $20,000 would likely come into play. Failure to move back through the $19,106 pivot would bring the first major support level at $18,795 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$18,500 levels. The second major support level sits at $18,410. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – Risk Sentiment Driving the Price Action The Week Ahead – Brexit, COVID-19, Monetary Policy, Economic Data, and Capitol Hill in Focus Can COVID Cancel the Christmas Rally? Bitcoin and Ripple’s XRP – Weekly Technical Analysis – December 14th, 2020 Starbucks Breaks Out To All-Time High COVID-19 Vaccine Update – Pfizer Inc. Approval Imminent Amidst a Virus Surge', 'Bitcoin, BTC to USD, rose by 1.92% on Sunday. Following on from a 4.25% rally on Saturday, Bitcoin ended the week down by 1.18% to $19,180.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $18,720.7 before making a move.\nSteering clear of the first major support level at $1 **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: 2020-12-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $355,617,704,700 - Hash Rate: 134574371.39496115 - Transaction Count: 314350.0 - Unique Addresses: 696656.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: There are more bitcoin “whales” than ever, and new data shows how they drive market movements. MassMutual is the latest legacy institution to buy into bitcoin. And the number of Ethereum developers is growing at a breathless pace. Top shelf Whales and krill New data from OKEx and Kaiko suggests that bitcoin “whales” – the mega-wealthy crypto investors and, potentially, institutions – were selling at market highs as retail investors bought in . Trading data of the bitcoin/ tether pair on OKEx’s platform between August and November showed that during the November bitcoin rally whales took profits and bought the dip, while smaller buyers continued purchasing as they did in September and October, despite higher prices in the oldest cryptocurrency, and panic sold around the Thanksgiving pullback. While the picture is likely more complicated, OKEx’s data shows how small buyers are faced with “swimming with the tide or against it,” by holding positions largely influenced by major buyers and sellers. Mass buy Massachusetts Mutual Life Insurance, a $235 billion insurance giant, purchased $100 million worth of bitcoin and invested $5 million in the crypto asset manager NYDIG. MassMutual told the Wall Street Journal it was a seeking “measured yet meaningful” stake in an increasingly digital world by taking on direct exposure to bitcoin. The life insurance company is the latest institutional stalwart to join bitcoin’s march into the financial mainstream, joining other publicly traded corporations and multi-billion dollar money managers in embracing bitcoin’s “macro” play. Related: Crypto Long & Short: Bitcoin's Relationship With Gold Is More Complicated Than It Looks Developer doozy More than 300 new developers per month are coming into crypto to work on Ethereum , according to data compiled by venture firm Electric Capital. In its annual developer report, the VC found the number of coders entering the crypto space to develop blockchains and projects is increasing nearly across the board – though Ethereum is by far seeing the most action. Almost 2,300 average monthly developers worked on Ethereum across the third quarter of 2020, with Bitcoin in second at a bit under 400 (up 70% from three years ago). Story continues Gone public An Ethereum-based investment fund , from the Canadian money manager 3iQ, has gone public on the Toronto Stock Exchange (TSX). Some $76.5 million was raised in an initial public offering, which sold off two types of shares that offer exposure to ether , Ethereum’s native currency. In going public, the firm’s ether product marks a “world first,” according to a tweet by the fund manager on Thursday. 3iQ successfully launched a similar bitcoin fund earlier this year. Corporate backers Three major Chinese companies are taking part in the latest test of the nation’s central bank’s digital currency (CBDC) initiative. According to a local news source, winners in an ongoing currency lottery/pilot program in the city of Suzhou can now spend the “digital yuan” on Meituan’s bike-sharing platform, Didi’s taxi service and Bilibili’s video-sharing site. The latest giveaway on Dec. 12 reportedly sees 10,000 residents of the city apply for 200 digital yuan prizes. They can spend the CBDC at physical stores equipped with the appropriate point-of-sale technology, and now online via major Chinese companies. An earlier test occured in Shenzhen. Quick bites BACK AGAIN: Banks in India are once again servicing cryptocurrency exchanges and traders. ( CoinDesk ) PUTIN EYES: Russian President Vladimir Putin has signed an order obliging public officials to report any cryptocurrency holdings. ( CoinDesk ) NYAG ORDER: New York Attorney General says Bitfinex, Tether could complete loan document handover in “weeks.” ( CoinDesk ) COOL $276K: Rapper Lil Yachty sells out his social token, $YACHTY, in 21 minutes and 41 seconds. ( CoinDesk ) ETHICAL STANDARDS: The World Economic Forum (WEF) is designing a global governance framework for the ethical data collection and sharing. ( CoinDesk ) STIGMA GONE? Wealthy are buying in. ( Bloomberg ) OFF EXCHANGES: Bitcoin continues to depart crypto exchanges. ( Decrypt ) Market intel Whale pack The number of wallets holding at least 1,000 bitcoins now stands at a record high of 2,052 , up 30% on the year, according to Chainalysis data. The so-called rich list, the number of individual addresses holding at least 1,000 coins, is also up over 7% to 2,270. The metric reached a record high of 2,274 on Nov. 24, according to data source Glassnode. “That’s a big increase in the wealthiest wallets and provides evidence that institutional investors have entered the market,” Chainlysis noted in its weekly market intel newsletter dated Dec. 10. That said, smaller holders have also increased: This year, wallets holding at least five BTC have increased by 8,842 (4%) to 234,408. At stake Related: Money Reimagined: Bitcoin's Tug of War as Wall Street Moves In First, rights. Ethereum developer Virgil Griffith stands accused of… what exactly ? Last year, Griffith, a 37-year-old American computer science doctorate, was arrested and detained for violating U.S. sanctions against North Korea, after he travelled to the nation to present on the decentralized, public blockchain Ethereum. The Ethereum Foundation staffer and research scientist presented on how to utilize this open cryptocurrency network for local and international transfers, at the Pyongyang Blockchain and Cryptocurrency Conference. This information – essentially that ether is uncensorable – is decidedly in the public domain. He did not receive an honorarium for his presentation. Now, Griffith’s attorneys are left wondering what the boy genius is accused of. In a new court filing the defense is requesting “particulars” about what services Griffith allegedly provided, who else was involved and how these services violated U.S. law. (He traveled to the nation even after his request for permission to do so from the State Department had been denied.) “The defense should not be forced to use a decoder ring on over 6,800 pages of discovery – much of which has been heavily redacted by the government – to discern the basic information that should be present in every indictment: what crimes were actually alleged to have been committed, by whom, and where,” they write. So what’s at stake? Only the civil liberties guaranteed and protected by the First Amendment to the United States Constitution. The count against Griffith is conspiracy to violate the International Emergency Economic Powers Act, as well as some associated legal violations. Though prosecutors were shy of specifics. (The IEEPA provides broad executive powers to place economic sanctions on individuals, businesses, governments and other entities – thereby prohibiting U.S. persons and corporations from dealing with sanctioned nations.) Notably, under the 1988 Berman Amendment, the IEEPA prohibits sanctioning the transfer of information or “informational materials.” That includes the type of speech freely available online. The question now is whether Griffith provided a service to the North Korean government, a point his defense has rebuked. Even if it’s granted that Griffith traveled to a sanctioned nation – a big taboo – and broke defense mandates limiting the type of “services” or information one can provide to an adversarial nation – it’s likely the information Griffith presented on would not be sanctionable . Griffith’s presentation was titled “Blockchain and Peace,” and according to the complaint it addressed “how a blockchain technology, including a ‘smart contract,’ could be used to benefit” North Korea. As the FBI itself has said, it contained “basic concepts accessible on the internet.” Who won #CryptoTwitter? Related Stories Blockchain Bites: Bitcoin Whales Throwing Their Weight Around, Virgil Griffith’s Rights Blockchain Bites: Bitcoin Whales Throwing Their Weight Around, Virgil Griffith’s Rights... - Reddit Posts (Sample): []... 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 is once again front-page news. Firms have been stocking up on the daddy of crypto as the narrative on bitcoin has matured; it is steadily gaining acceptance in the financial world and edging closer to mainstream adoption.\nCleanSpark (CLSK) is the latest company to jump on the bandwagon. Last week, the microgrid software player announced it is buying bitcoin miner ATL Data Centers.\nThe purchase will cost CleanSpark $19.4 million in an all stock deal, and will mean CleanSpark will get its hands on ATL’s 3,471 mining rigs.\nBitcoin has been on a tear in 2020, up by 167% and is currently hovering not far beneath its all-time high. However, mining bitcoin is infamously energy intensive. Using its specialty software, CleanSpark says it can design and install microgrids to mitigate this factor.\nFollowing the announcement, H.C. Wainwright analystAmit Dayalincreased his projections for CleanSpark. The analyst now expects FY2021 and FY2030 revenues to hit $28.7 million and $266.1 million, up from the previous estimates of $20.3 million and $214.0 million, respectively. Additionally, Dayal’s EBITDA forecasts for the same periods get an upwards tweak, rising from a loss of $2.4 million and gain of $110.4 million, to gains of $1.6 million and $125.1 million.\nEvidently, the analyst thinks the new addition amounts to a good move. But while bitcoin is notorious for its energy consumption, it is just as infamous for its wild price swings. Accordingly, Dayal prepares investors for a bumpy ride.\n“We believe the company has capacity to scale both the data center services and bitcoin operations supported by the recent $40M financing,” the 5-star analyst said. “Management has suggested that additional acquisitions to strengthen the company's software portfolio may be undertaken, but we are not including those potential developments in our model. Investors should be aware that the company's entry into the bitcoin mining industry could subject the stock to additional volatility driven by headlines associated with the crypto-currency markets, and daily fluctuations in the price of bitcoin.”\nAll in all, Dayal rates CLSK shares a Buy along with a $24 price target. This figure suggests room for ~48% upside in the next 12 months. (To watch Dayal’s track record,click here)\nCleanspark appears to be flying under Wall Street’s radar right now, and no other analysts have posted recent CLSK reviews. (See CLSK stock analysis on TipRanks)\nTo find good ideas for stocks trading at attractive valuations, visit TipRanks’Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.", "Bitcoin is once again front-page news. Firms have been stocking up on the daddy of crypto as the narrative on bitcoin has matured; it is steadily gaining acceptance in the financial world and edging closer to mainstream adoption. CleanSpark ( CLSK ) is the latest company to jump on the bandwagon. Last week, the microgrid software player announced it is buying bitcoin miner ATL Data Centers. The purchase will cost CleanSpark $19.4 million in an all stock deal, and will mean CleanSpark will get its hands on ATL’s 3,471 mining rigs. Bitcoin has been on a tear in 2020, up by 167% and is currently hovering not far beneath its all-time high. However, mining bitcoin is infamously energy intensive. Using its specialty software, CleanSpark says it can design and install microgrids to mitigate this factor. Following the announcement, H.C. Wainwright analyst Amit Dayal increased his projections for CleanSpark. The analyst now expects FY2021 and FY2030 revenues to hit $28.7 million and $266.1 million, up from the previous estimates of $20.3 million and $214.0 million, respectively. Additionally, Dayal’s EBITDA forecasts for the same periods get an upwards tweak, rising from a loss of $2.4 million and gain of $110.4 million, to gains of $1.6 million and $125.1 million. Evidently, the analyst thinks the new addition amounts to a good move. But while bitcoin is notorious for its energy consumption, it is just as infamous for its wild price swings. Accordingly, Dayal prepares investors for a bumpy ride. “We believe the company has capacity to scale both the data center services and bitcoin operations supported by the recent $40M financing,” the 5-star analyst said. “Management has suggested that additional acquisitions to strengthen the company's software portfolio may be undertaken, but we are not including those potential developments in our model. Investors should be aware that the company's entry into the bitcoin mining industry could subject the stock to additional volatility driven by headlines associated with the crypto-currency markets, and daily fluctuations in the price of bitcoin.” Story continues All in all, Dayal rates CLSK shares a Buy along with a $24 price target. This figure suggests room for ~48% upside in the next 12 months. (To watch Dayal’s track record, click here ) Cleanspark appears to be flying under Wall Street’s radar right now, and no other analysts have posted recent CLSK reviews. ( See CLSK stock analysis on TipRanks ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy , a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.", "Bitcoin is once again front-page news. Firms have been stocking up on the daddy of crypto as the narrative on bitcoin has matured; it is steadily gaining acceptance in the financial world and edging closer to mainstream adoption.\nCleanSpark (CLSK) is the latest company to jump on the bandwagon. Last week, the microgrid software player announced it is buying bitcoin miner ATL Data Centers.\nThe purchase will cost CleanSpark $19.4 million in an all stock deal, and will mean CleanSpark will get its hands on ATL’s 3,471 mining rigs.\nBitcoin has been on a tear in 2020, up by 167% and is currently hovering not far beneath its all-time high. However, mining bitcoin is infamously energy intensive. Using its specialty software, CleanSpark says it can design and install microgrids to mitigate this factor.\nFollowing the announcement, H.C. Wainwright analystAmit Dayalincreased his projections for CleanSpark. The analyst now expects FY2021 and FY2030 revenues to hit $28.7 million and $266.1 million, up from the previous estimates of $20.3 million and $214.0 million, respectively. Additionally, Dayal’s EBITDA forecasts for the same periods get an upwards tweak, rising from a loss of $2.4 million and gain of $110.4 million, to gains of $1.6 million and $125.1 million.\nEvidently, the analyst thinks the new addition amounts to a good move. But while bitcoin is notorious for its energy consumption, it is just as infamous for its wild price swings. Accordingly, Dayal prepares investors for a bumpy ride.\n“We believe the company has capacity to scale both the data center services and bitcoin operations supported by the recent $40M financing,” the 5-star analyst said. “Management has suggested that additional acquisitions to strengthen the company's software portfolio may be undertaken, but we are not including those potential developments in our model. Investors should be aware that the company's entry into the bitcoin mining industry could subject the stock to additional volatility driven by headlines associated with the crypto-currency markets, and daily fluctuations in the price of bitcoin.”\nAll in all, Dayal rates CLSK shares a Buy along with a $24 price target. This figure suggests room for ~48% upside in the next 12 months. (To watch Dayal’s track record,click here)\nCleanspark appears to be flying under Wall Street’s radar right now, and no other analysts have posted recent CLSK reviews. (See CLSK stock analysis on TipRanks)\nTo find good ideas for stocks trading at attractive valuations, visit TipRanks’Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.", 'By Anna Irrera\nLONDON, Dec 15 (Reuters) - SBI Financial Services, a subsidiary of Japanese group SBI Holdings Inc, has acquired UK-based cryptocurrency trading firm B2C2 and will become the first major financial group to run a digital asset dealing desk, the companies said on Tuesday.\nFinancial terms were not disclosed.\nFounded in 2015, B2C2 is one of the best-known cryptocurrency trading companies. It helps brokerages, exchanges and fund managers make large trades in virtual coins.\nSBI has been allowing its clients to trade through B2C2\'s platform since July, when it acquired a minority stake in the crypto firm.\nThe companies hope the acquisition will create the counterparty of choice for mainstream financial firms looking to invest in cryptocurrencies, they said.\n"Their (B2C2\'s) vision, expertise and offering complement SBI\'s, and we look forward to working in partnership as we expand our footprint across the global markets," said Yoshitaka Kitao, president and CEO of SBI Holdings.\nThe deal, which marks the latest move by a large financial institution in crypto, could help make the nascent asset class more mainstream.\nIt comes as bitcoin continues to soar to record highs against the dollar, backed by growing demand from investors who see the virtual currency as a hedge against inflation and a safe-haven asset.\nWhile cryptocurrencies have b **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: 2020-12-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $355,617,704,700 - Hash Rate: 129933875.82961763 - Transaction Count: 320440.0 - Unique Addresses: 722550.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin was trading at highs of around $15,200 gaining momentum during the U.S. election uncertainty. That's the cryptocurrency's highest since January 2018. It's still unclear whether President Donald Trump or former Vice President Joe Biden had won the election as the vote count continued. However, Biden appears to be the favorite at publication time. The last time bitcoin peaked was back in December 2017 when the cryptocurrency traded at around $20,000. This year there have been a number of positive factors pushing bitcoin higher, such as the announcement thatPayPal(NASDAQ:PYPL) is adding features enabling users to buy and sell cryptocurrencies.Square(NYSE:SQ) also made recent announcements adding bitcoin to its holdings. Related Links: As Bitcoin Hits New 2020 Highs, The Course Strikes Comparison With 2016 Election Cycle Square Invests M In Bitcoin; Dorsey Sees A Currency For The Internet See more from Benzinga • Click here for options trades from Benzinga • Bank of England Boosts Quantitative Easing As Second COVID-19 Lockdown Begins • Why Bluebird Bio's Stock Is Trading Lower Today © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.92% on Tuesday. Following on from a 0.53% gain on Monday, Bitcoin ended the day at $19,459.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $19,570.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $19,418 and the second major resistance level at $19,555.\nThe reversal saw Bitcoin slide to a mid-morning intraday low $19,070.0 before making a move.\nFinding support at the first major support level at $19,077, Bitcoin rallied to a late afternoon intraday high $19,607.0.\nBitcoin broke back through the first major resistance level at $19,418 and the second major resistance level at $19,555.\nA choppy end to the day, however, saw Bitcoin fall back through the major resistance levels to sub-$19,400 before ending the day at $19,450 levels.\nThe near-term bullish trend remained intact, supported by the recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nRipple’s XRPslid by 5.85% to lead the way down once more.\nCardano’s ADA(-3.08%),Binance Coin(-1.70%),Chainlink(-1.17%), andLitecoin(-1.24%) also struggled.\nIt was a bullish day for the rest of the majors, however\nBitcoin Cash SV(+0.95%),Crypto.com Coin(+2.14%),Ethereum(+0.46%), and Polkadot (+6.00%) bucked the trend on the day.\nFor the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Tuesday high $566.22bn. At the time of writing, the total market cap stood at $554.81bn.\nBitcoin’s dominance fell to a Monday low 64.21% before rising to a Tuesday high 64.85%. At the time of writing, Bitcoin’s dominance stood at 64.80%.\nAt the time of writing, Bitcoin was down by 0.50% to $19,361.0. A mixed start to the day saw Bitcoin rise to an early morning high $19,481.0 before falling to a low $19,317.8.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV was up by 0.97% to buck the trend early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink and Ripple’s XRP were down by 2.19% and by 2.16% to lead the way down.\nBitcoin would need to move back through the pivot level at $19,379 to bring the first major resistance level at $19,687 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Tuesday’s high $19,607.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $19,700 would likely cap any upside.\nIn the event of an extended crypto rally, the second major resistance level at $19,916 and resistance at $20,000 could come into play.\nFailure to move back through the $19,379 pivot would bring the first major support level at $19,150 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $18,842.\nThisarticlewas originally posted on FX Empire\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 16th, 2020\n• Crude Oil Price Update – Could Retest $46.04 After API Reports Unexpected 1.973 Million Barrel Build\n• The Crypto Daily – Movers and Shakers – December 16th, 2020\n• USD/JPY Forex Technical Analysis – Downside Momentum Points Toward 103.177 Main Bottom\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 16th, 2020\n• Economic Data, Brexit, Stimulus Talks, and the FED in Focus', 'Bitcoin , BTC to USD, rose by 0.92% on Tuesday. Following on from a 0.53% gain on Monday, Bitcoin ended the day at $19,459.0. It was a mixed start to the day. Bitcoin rose to an early morning high $19,570.0 before hitting reverse. Bitcoin broke through the first major resistance level at $19,418 and the second major resistance level at $19,555. The reversal saw Bitcoin slide to a mid-morning intraday low $19,070.0 before making a move. Finding support at the first major support level at $19,077, Bitcoin rallied to a late afternoon intraday high $19,607.0. Bitcoin broke back through the first major resistance level at $19,418 and the second major resistance level at $19,555. A choppy end to the day, however, saw Bitcoin fall back through the major resistance levels to sub-$19,400 before ending the day at $19,450 levels. The near-term bullish trend remained intact, supported by the recovery to $19,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $10,095 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Ripple’s XRP slid by 5.85% to lead the way down once more. Cardano’s ADA (-3.08%), Binance Coin (-1.70%), Chainlink (-1.17%), and Litecoin (-1.24%) also struggled. It was a bullish day for the rest of the majors, however Bitcoin Cash SV (+0.95%), Crypto.com Coin (+2.14%), Ethereum (+0.46%), and Polkadot (+6.00%) bucked the trend on the day. For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Tuesday high $566.22bn. At the time of writing, the total market cap stood at $554.81bn. Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Tuesday high 64.85%. At the time of writing, Bitcoin’s dominance stood at 64.80%. This Morning At the time of writing, Bitcoin was down by 0.50% to $19,361.0. A mixed start to the day saw Bitcoin rise to an early morning high $19,481.0 before falling to a low $19,317.8. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was up by 0.97% to buck the trend early on. It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink and Ripple’s XRP were down by 2.19% and by 2.16% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $19,379 to bring the first major resistance level at $19,687 into play. Support from the broader market would be needed for Bitcoin to break out from Tuesday’s high $19,607.0. Barring an extended crypto rally, the first major resistance level and resistance at $19,700 would likely cap any upside. In the event of an extended crypto rally, the second major resistance level at $19,916 and resistance at $20,000 could come into play. Failure to move back through the $19,379 pivot would bring the first major support level at $19,150 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $18,842. This article was originally posted on FX Empire More From FXEMPIRE: EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 16th, 2020 Crude Oil Price Update – Could Retest $46.04 After API Reports Unexpected 1.973 Million Barrel Build The Crypto Daily – Movers and Shakers – December 16th, 2020 USD/JPY Forex Technical Analysis – Downside Momentum Points Toward 103.177 Main Bottom Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 16th, 2020 Economic Data, Brexit, Stimulus Talks, and the FED in Focus', 'U.S. President Donald Trump is reportedly weighing whether he should give the jailed founder of the defunct dark web marketplace Silk Road, Ross Ulbricht, a pardon. According to a report by the Daily Beast on Tuesday, the White House Counsel\x92s office is reviewing Ulbricht\x92s case documents. The Daily Beast cites three sources familiar with the matter claiming the president has been reviewing cases ahead of his next round of pardons and commutations before the Jan. 20, 2021, inauguration of President-elect Joe Biden. Related: Crypto Impact Unclear After Joe Biden Unseats Donald Trump as Next US President A final decision on Ulbricht\x92s case has yet to be determined, according to the report, but the notorious Silk Road founder reportedly has influential backers within the president\x92s inner circles pushing for a pardon, the report said. \x93I\x92ve had documents forwarded to my contacts in the White House as early as February,\x94 said activist Weldon Angelos, a former music producer and ex-federal prison inmate, cited in the Daily Beast article. Weldon was quoted in the report as saying he had been contacted by Ulbricht\x92s family and was \x93hopeful\x94 that Trump would commute his sentence in full, adding, \x93This case has perhaps more support than I\x92ve seen in any case of this kind.\x94 Ulbricht was the founder and main administrator of the dark web marketplace the Silk Road back in 2011 that used bitcoin as its main payment method for dealing in illicit contraband including drugs and weapons. Related: US Seized More Than $1B in Silk Road\x96Linked Bitcoins, Seeks Forfeiture The Silk Road used Tor anonymity to hide the location of servers and drew the ire of law enforcement as the site grew in popularity and notoriety. See also: No Visits, No Parole: Ross Ulbricht Is More Alone Than Ever During COVID-19 After a long investigation, Ulbricht\x92s online identity \x96 Dread Pirate Roberts \x96 was revealed and he was subsequently arrested, charged and convicted for money laundering, computer fraud and various drug charges. He is currently serving a double\xa0life\xa0sentence plus 40 years\xa0without\xa0chance for parole. Story continues Ulbricht is considered a cult hero amongst some in the crypto community as well as political activists who argue that his sentence was unnecessarily harsh. Related Stories Silk Road\x92s Ulbricht Being Considered for Pardon by Trump: Report Silk Road\x92s Ulbricht Being Considered for Pardon by Trump: Report', 'U.S. President Donald Trump is reportedly weighing whether he should give the jailed founder of the defunct dark web marketplace Silk Road, Ross Ulbricht, a pardon.\nAccording to a report by theDaily Beaston Tuesday, the White House Counsel’s office is reviewing Ulbricht’s case documents.\nThe Daily Beast cites three sources familia **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: 2020-12-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $386,566,663,897 - Hash Rate: 132718173.16882376 - Transaction Count: 315217.0 - Unique Addresses: 751162.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fidelity Investments CEO Abby Johnson says the mutual fund giant’s custody business around bitcoin has been “incredibly successful” and has a “tremendous pipeline.” In aninterviewwith Barron’s, Johnson noted that developments in the sector are moving so rapidly it’s hard to keep track of them all, and said things that have long been talked about in the sector are now starting to become reality. The interview with Johnson can be watchedhereand starts at the 22:30 mark. Johnson also said: • Fidelity, which began abitcoinmining operation in 2016, has been working on connecting the legacy world with the future of cryptocurrencies. “Building those on- and off-ramps around facilitating the trading between fiat currencies and cryptocurrencies is something that’s happening now, and I’m glad it’s moving along,” she said. • “If you had asked me at the beginning if we or anybody was going to be prioritizing custody of bitcoin I would have said, ‘No way. I mean that’s kind of the opposite of what it’s all about.’ But the reality is that you do need it because if you’re an individual who engages an adviser and you want to make an estate plan you actually need someone to custody your bitcoin.” Related:First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin Read also:Fidelity Report Says Bitcoin’s Market Cap Is ‘Drop in the Bucket’ of Potential • Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson • Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson • Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson... - 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:** ['By Matt Scuffham NEW YORK (Reuters) - Global stocks hit record highs on Thursday, fueled by growing optimism that deals will be reached over a fresh U.S. stimulus package and a post-Brexit trade deal between the United Kingdom and the European Union. From stocks to safe-haven gold and volatile bitcoin, financial assets were in festive mood. Bitcoin hit another all-time high after first shattering the $20,000 level on Wednesday. Oil also climbed, touching a nine-month high, with strong Asian demand adding to positive sentiment. The U.S. dollar was the day\'s standout loser, as the general risk-on mood sent the safe haven currency to 2-1/2-year lows against major peers. U.S. congressional negotiators were "closing in on" a $900 billion COVID-19 aid bill expected to include $600-$700 stimulus checks to individuals, lawmakers said on Wednesday. Progress on a stimulus package overshadowed continued concerns over the economic impact of the pandemic, highlighted by U.S. weekly jobless claims hitting a three-month high on Thursday and weak U.S. retail sales data on Wednesday. All the major U.S. indices closed at record highs. The Dow Jones Industrial Average rose 0.49% to end at 30,301.79 points, while the S&P 500 .SPX gained 0.57% to 3,722.43. The Nasdaq Composite climbed 0.84% to 12,764. "Wall Street is completely focused on stimulus talks and ignored deteriorating U.S. economic data," said Edward Moya, senior market analyst at OANDA in New York. The dollar index, which tracks the greenback versus a basket of six currencies, fell 0.599 points or 0.66%, to 89.851. "The dollar is reflecting the amount of debt that the U.S. is assuming and that\'s probably going to increase as we continue to battle the pandemic," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. U.S. Federal Reserve Chairman Jerome Powell vowed on Wednesday to keep pouring cash into markets until the U.S. economic recovery is secure. Story continues Bond traders, however, were disappointed he did not extend the Fed\'s purchase program deeper down the yield curve, and U.S. Treasuries sold off at longer tenors, but others took it as a signal the bank will have their back. [US/] The MSCI world stock index reached a new high, rising 4.74 points or 0.74%, to 641.84. European stocks and the euro rallied for the fourth straight session as investors built up positions in riskier assets, anticipating a sharp economic recovery in 2021 backed by wider vaccine rollouts and ultra-easy monetary policy. Europe\'s broad FTSEurofirst 300 index added 0.23%, at 1,533. The British pound hit May 2018 highs on hopes of a post-Brexit trade deal. Sterling maintained gains despite senior British minister Michael Gove putting the chances of securing a trade deal with the EU at less than 50%. The euro was last up 0.54% at $1.2263. Brent crude futures settled up 42 cents at $51.50 a barrel, and touched a session high of $51.90. U.S. West Texas Intermediate (WTI) crude futures rose by 54 cents to $48.36 a barrel, with a session high of $48.59. Both benchmarks hit their highest since early March. Gold prices rose to a one-month peak. Spot gold prices rose $20.1179 or 1.08 percent, to $1,884.26 an ounce. U.S. gold futures settled up 1.7% at $1,890.40. Better-than-expected labor data in Australia pushed the Aussie as high as $0.7624, its strongest since mid-2018. [AUD/] The Aussie is also riding high on surging prices for iron ore and a mood that has pushed currencies in Malaysia, Singapore, Thailand, Taiwan, Sweden and Norway to milestone peaks. [EMRG/FRX] The kiwi rose to its strongest since early 2018 after New Zealand\'s economic growth beat expectations. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 4.29 points or 0.66 percent,%. The yen was last down 0.36 percent, at $103.1100. (Reporting by Matt Scuffham, Editing by Nick Zieminski)', 'By Matt Scuffham NEW YORK (Reuters) - Global stocks hit record highs on Thursday, fueled by growing optimism that deals will be reached over a fresh U.S. stimulus package and a post-Brexit trade deal between the United Kingdom and the European Union. From stocks to safe-haven gold and volatile bitcoin, financial assets were in festive mood. Bitcoin hit another all-time high after first shattering the $20,000 level on Wednesday. Oil also climbed, touching a nine-month high, with strong Asian demand adding to positive sentiment. The U.S. dollar was the day\'s standout loser, as the general risk-on mood sent the safe haven currency to 2-1/2-year lows against major peers. U.S. congressional negotiators were "closing in on" a $900 billion COVID-19 aid bill expected to include $600-$700 stimulus checks to individuals, lawmakers said on Wednesday. Progress on a stimulus package overshadowed continued concerns over the economic impact of the pandemic, highlighted by U.S. weekly jobless claims hitting a three-month high on Thursday and weak U.S. retail sales data on Wednesday. All the major U.S. indices closed at record highs. The Dow Jones Industrial Average rose 0.49% to end at 30,301.79 points, while the S&P 500 .SPX gained 0.57% to 3,722.43. The Nasdaq Composite climbed 0.84% to 12,764. "Wall Street is completely focused on stimulus talks and ignored deteriorating U.S. economic data," said Edward Moya, senior market analyst at OANDA in New York. The dollar index, which tracks the greenback versus a basket of six currencies, fell 0.599 points or 0.66%, to 89.851. "The dollar is reflecting the amount of debt that the U.S. is assuming and that\'s probably going to increase as we continue to battle the pandemic," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. U.S. Federal Reserve Chairman Jerome Powell vowed on Wednesday to keep pouring cash into markets until the U.S. economic recovery is secure. Story continues Bond traders, however, were disappointed he did not extend the Fed\'s purchase program deeper down the yield curve, and U.S. Treasuries sold off at longer tenors, but others took it as a signal the bank will have their back. [US/] The MSCI world stock index reached a new high, rising 4.74 points or 0.74%, to 641.84. European stocks and the euro rallied for the fourth straight session as investors built up positions in riskier assets, anticipating a sharp economic recovery in 2021 backed by wider vaccine rollouts and ultra-easy monetary policy. Europe\'s broad FTSEurofirst 300 index added 0.23%, at 1,533. The British pound hit May 2018 highs on hopes of a post-Brexit trade deal. Sterling maintained gains despite senior British minister Michael Gove putting the chances of securing a trade deal with the EU at less than 50%. The euro was last up 0.54% at $1.2263. Brent crude futures settled up 42 cents at $51.50 a barrel, and touched a session high of $51.90. U.S. West Texas Intermediate (WTI) crude futures rose by 54 cents to $48.36 a barrel, with a session high of $48.59. Both benchmarks hit their highest since early March. Gold prices rose to a one-month peak. Spot gold prices rose $20.1179 or 1.08 percent, to $1,884.26 an ounce. U.S. gold futures settled up 1.7% at $1,890.40. Better-than-expected labor data in Australia pushed the Aussie as high as $0.7624, its strongest since mid-2018. [AUD/] The Aussie is also riding high on surging prices for iron ore and a mood that has pushed currencies in Malaysia, Singapore, Thailand, Taiwan, Sweden and Norway to milestone peaks. [EMRG/FRX] The kiwi rose to its strongest since early 2018 after New Zealand\'s economic growth beat expectations. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 4.29 points or 0.66 percent,%. The yen was last down 0.36 percent, at $103.1100. (Reporting by Matt Scuffham, Editing by Nick Zieminski)', '* Pound buoyed as EU chief says agreement closer * Bitcoin rises to all-time high above $21,000 * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Dec 17 (Reuters) - The dollar languished near fresh 2-1/2-year lows against its major rivals on Thursday as progress toward agreeing a U.S. stimulus package and a Brexit deal boosted risk appetite at the expense of the safest assets. Congressional negotiators were "closing in on" a $900 billion COVID-19 aid bill, lawmakers and aides said on Wednesday, with the tone the most positive it\'s been in months. Across the Atlantic, the European Union\'s chief executive said a deal with the UK was nearer, although success wasn\'t guaranteed. "As the world gets more optimistic about the outlook for growth in 2021, the dollar has softened," said Michael McCarthy, chief strategist at broker CMC Markets in Sydney. "Further weakening of the dollar is on the cards." The euro traded at $1.21945 early in the Asian day, after reaching $1.22120 on Wednesday, the strongest since April 2018. The pound bought $1.3500 having risen to $1.3553 the previous session for the first time since May 2018. The Federal Reserve on Wednesday vowed to keep funnelling cash into financial markets until the U.S. economic recovery is secure, a promise of long-term help that fell short of some investors\' hopes of an immediate move to shore up a recent pandemic-related slide. The dollar index jerked higher after the Fed\'s announcement, but then sank back towards the day\'s low of 90.126, a level not seen since April 2018. The greenback was little changed at 103.475 yen, another safe haven currency. The Australian dollar was also largely steady at 75.807 U.S. cents, while its New Zealand peer slipped 0.1% to 71.05 U.S. cents. Bitcoin traded at $21,342 after smashing through the $20,000 barrier for the first time overnight, and extending as high as $21,420 on Thursday. "Bitcoin is still on its latest tear," Ray Attrill, head of foreign exchange strategy at National Australia Bank in Sydney, wrote in a client note. "I still don\'t want one for Christmas." ======================================================== Currency bid prices at 9:36AM (036 **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: 2020-12-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $386,566,663,897 - Hash Rate: 119724785.58586197 - Transaction Count: 309481.0 - Unique Addresses: 754492.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Everyone agrees: Financial infrastructure is broken. We need a way to make cash flows deterministic. We should be able to set rules around trades and transfers. We should be able to do this without bloated back offices performing manual reconciliations and without requiring developers to integrate across an entire fragmented universe of systems built on COBOL and teetering on top of mainframes. The race is on to solve these issues. On one team, cryptocurrency entrepreneurs are taking a first-principles approach, starting with completely new assets and new infrastructure in order to get “ programmable money .” On another team, fintech builders are tackling the problem by building around the systems that already exist: Simple APIs will grant us “ autonomous finance .” Both approaches promise a new day for the retail experience of finance, but they are taking very different paths to get there. Jill Carlson, a CoinDesk columnist, is co-founder of the Open Money Initiative, a non-profit research organization working to guarantee the right to a free and open financial system. She is also an investor in early-stage startups with Slow Ventures. Related: All-In on DeFi: Why the Days of Centralized Exchanges Are Numbered Programmable money is the aim of many cryptocurrency protocols and the goal of many applications built on Ethereum. Because cryptocurrencies are issued, owned, traded and settled in a natively digital form, they are able to be manipulated directly by code. Escrow terms, credit events, multiparty ownership and all manner of other interactions and behaviors can be enshrined in smart contracts . Again, the goal here is to replace the old intermediated and inefficient financial system that exists today. Projects like Compound are tackling this in money markets, Cozy in risk management and Uniswap in exchange. Autonomous finance, on the other hand, does not seek to reinvent the system altogether. Rather, the aim is to build into and among the legacy infrastructure of finance, crafting middleware that enables money management to become “smart” and money movement to feel fast, even when running on old rails. Those taking this approach recognize that sometimes the most practical road to the future is actually just a patching and repaving of the asphalt. Story continues While the larger cryptocurrency ecosystem has much more revolutionary aims over the long run, the immediate goals of the programmable money crowd are very much aligned with those of autonomous finance. Plaid, which Visa has agreed to buy for $5.3 billion, is arguably the original in this category: enabling customers to make their financial data available to fintechs like neobanks, lenders and savings tools. Following Plaid, API tools have come along to tackle just about every vertical of someone’s financial life: their credit score, their payroll, their student loans, their insurance contracts. While Plaid is “read only,” many of these tools now offer read and write access, enabling fintech companies to make withdrawals and deposits from accounts programmatically . Related: Ethereum, Dark Forests and the Limits of Transparency While the larger cryptocurrency ecosystem has much more revolutionary aims over the long run, the immediate goals of the programmable money crowd are very much aligned with those of autonomous finance. We should be able to create or copy rulesets for our financial lives and let them run and optimize themselves. All of our bank accounts and financial products should be able to transact against each other without our involvement. Checking account running low and rent payment due? Your savings account should automatically cover it. Took out a loan and need to post collateral? Your brokerage account should be able to do so without even the touch of a button. Money should be self-driving. See also: Jill Carlson – What Goldman Gets Wrong About Bitcoin (From Someone Who Used to Work There) Given the overlap of goals here, it is surprising to see that these two sides – decentralized finance and fintech APIs – rarely meet. Investors in crypto could learn many lessons from those in fintech who are deep in the weeds of what is practical and realistic within the constraints of the current system. Conversely, mainstream fintech investors may find compelling opportunities within the enormous, disruptive dream of cryptocurrency. Builders, too, would benefit. Cryptocurrency entrepreneurs and protocol developers might find that they are already using (and could benefit from further leveraging) the APIs and tools being developed in the world of fintech. And fintech builders may find their minds opened to larger horizons by spending a bit of time down the crypto rabbit hole. Related Stories Crypto and Fintech Share Goals: They Should Talk Crypto and Fintech Share Goals: They Should Talk... - 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:** ['VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Neptune Dash Technologies Corp. (TSX-V:DASH) (OTC:NPPTF) (FSE:1NW) (the "Company") is pleased to announce that, further to its news release dated December 8, 2020, the Company has changed its name to “Neptune Digital Assets Corp..” Effective at the opening of trading on \u200eMonday, \u200eDecember 21, 2020, the common shares of the Company will trade on the TSX-V under the new name. The Company’s trading symbol “DASH” will remain unchanged. There is no consolidation of capital associated with the name change.\n“Our new name now accurately reflects our overall strategy of being a well-diversified and low operational cost crypto currency company, with our largest holdings in some of the best performing assets of 2020 such as BTC and ATOM”, stated Cale Moodie, Neptune CEO.\nNo action is required from shareholders in connection with the proposed name change.Issued \u200ecertificates representing commons shares of the Company will not be affected by the change of name \u200eand will not need to be exchanged. The Company encourages shareholders to contact their broker or \u200eagents with any questions regarding the proposed name change. \u200e\nAbout Neptune Digital Assets Corp.\nThe Company has a diversified cryptocurrency portfolio with investments made in top market cap tokens, proof-of-stake cryptocurrencies, decentralized finance and associated blockchain technologies.\nON BEHALF OF THE BOARD\nCale Moodie, President and CEONeptune Dash Technologies Corp.www.neptunedash.comPhone: (604) 319-6955Email:[email protected]\nForward-Looking Statements\nThis release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, “proposes” or similar terminology. Forward-looking statements and information include, but are not limited to, the future success of the Company’s overall strategy of being a well-diversified and low cost of operations crypto currency company\u200e. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, \u200emany of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual \u200eresults, performance or achievements to be materially different from those expressed or implied thereby, and are \u200edeveloped based on assumptions about such risks, uncertainties and other factors set out herein, including but not \u200elimited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company’s ability to \u200esuccessfully mine digital currency; revenue of the Company may not increase as currently anticipated, or at all; the \u200eCompany may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital \u200ecurrency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency \u200eprices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of \u200eproduction and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory \u200erestrictions, liability, competition, loss of key employees and other related risks and uncertainties. The Company does \u200enot undertake any obligation to update forward-looking information except as required by applicable law. Such \u200eforward-looking information represents management\'s best judgment based on information currently available. No \u200eforward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are \u200eadvised not to place undue reliance on forward-looking statements or information.\u200e', "The Internal Revenue Service explicitly asks taxpayers to disclose their cryptocurrency transactions on thenewest tax form, making it easier for the federal government to tamp down on fraud or tax evasion later down the line.\nUS DOLLAR SINKS WITH FED'S NEWS\n“At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” the form, released last week, asks, with two options: yes or no.\nThe question about virtual currencies has been included in tax forms since 2014, as a disclosure that should be treated as property for tax purposes. Cryptocurrency sales or exchanges are taxed as a capital gain or loss, much like a stock or bond, and income from the currencies are also taxed.\nBut this year, the recently released Form 1040 has the question listed first, right below the taxpayer's name and address, indicating the spotlight the IRS has on cryptocurrencies.\nBLADE HELICOPTER START-UP TALKS ABOUT GOING PUBLIC DUE IN 2021\nThe crackdown by the IRS comes asBitcoinreached a record valuation of$16,118, its highest level since 2018, in November.\nThe IRS has ramped up investigations on underreported cryptocurrency investments in recent years, even summoning digital currency exchange Coinbase and Bitstamp to release information about their investors' activity to glean information about underreported capital assets.\nGET FOX BUSINESS ON THE GO BY CLICKING HERE\nAmongst its high-profile cases include software mogul John McAfee, who was charged in October with alleged tax evasion using cryptocurrency.\nRelated Articles\n• How to Make a Tax Lien Disappear\n• I Inherited $20K. Do I Have to Pay Taxes?\n• Don’t Become a Victim of a Tax-Relief Scam", "The Internal Revenue Service explicitly asks taxpayers to disclose their cryptocurrency transactions on the newest tax form , making it easier for the federal government to tamp down on fraud or tax evasion later down the line. US DOLLAR SINKS WITH FED'S NEWS “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” the form, released last week, asks, with two options: yes or no. The question about virtual currencies has been included in tax forms since 2014, as a disclosure that should be treated as property for tax purposes. Cryptocurrency sales or exchanges are taxed as a capital gain or loss, much like a stock or bond, and income from the currencies are also taxed. But this year, the recently released Form 1040 has the question listed first, right below the taxpayer's name and address, indicating the spotlight the IRS has on cryptocurrencies. BLADE HELICOPTER START-UP TALKS ABOUT GOING PUBLIC DUE IN 2021 The crackdown by the IRS comes as Bitcoin reached a record valuation of $16,118 , its highest level since 2018, in November. The IRS has ramped up investigations on underreported cryptocurrency investments in recent years, even summoning digital currency exchange Coinbase and Bitstamp to release information about their investors' activity to glean information about underreported capital assets. GET FOX BUSINESS ON THE GO BY CLICKING HERE Amongst its high-profile cases include software mogul John McAfee, who was charged in October with alleged tax evasion using cryptocurrency. Related Articles How to Make a Tax Lien Disappear I Inherited $20K. Do I Have to Pay Taxes? Don’t Become a Victim of a Tax-Relief Scam", 'Bitcoin Evolution is a fully automated cryptocurrency trading platform. The system has been enhanced with an advanced trading algorithm that is leveraged by a trading robot.\nNew York City, NY, Dec. 17, 2020 (GLOBE NEWSWIRE) -- You must be looking to make money from an establishment and want to make it a constant income source. It would help if you went for the approach that has already earned a bunch of positive responses from people. Go for the one that already has been proven to operate.\nThere are millions of people around the world who are interested in digital currencies (1) and are also investing for an amazing amount of turnovers. At present, the crypto world has another easy path for letting investors do trading, without having to do much work, crypto trading robots (2).\nThis report will give you a clear review of one of the unique automated crypto trading platforms known as theBitcoin Evolution. Before you start going through this in detail, we can happily say that Bitcoin Evolution is definitely worth a shot. This is a platform you can definitely trust. We have tested all the features and are here to inform you about each and every characteristic it offers.\nOpen Your Bitcoin Evolution Account Now From The Official Site\nBitcoin Evolution\nBitcoin Evolution is a unique auto trading platform that has been helping many people in trading by investing in cryptocurrency (3). Bitcoin Evolution is developed as a very uncomplicated crypto trading platform to permit both amateur and expert investors to make a lot from the crypto market. The ones to build up this outstanding automated trading platform have inflated this platform to operate transactions freely.\nOn this particular crypto trading platform, each and everything operates just with one click. Yes, it is that simple. This is one of the most highlighting points about this crypto trading robot as it makes users handle this site with no pressure and high comfort. Thus, it is suitable for anyone who desires to do trading.\nMUST SEE:“Shocking New Bitcoin Evolution Report – What They’ll Never Tell You”\nA Synopsis on the Functions\nDo you want to earn from an automated cryptocurrency trading pla **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: 2020-12-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $386,566,663,897 - Hash Rate: 145711560.75178552 - Transaction Count: 375549.0 - Unique Addresses: 851929.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In another sign of renewed exuberance in cryptocurrency markets, Grayscale Investments has broken above $10 billion in digital assets under management for the first time. Disclosed Tuesday evening, the New York-based firm now oversees $10.4 billion in assets including bitcoin , bitcoin cash , ether , horizen, ethereum classic , litecoin , stellar , XRP and zcash. That’s up from $7.6 billion on Oct. 30, according to the firm’s November report . Price appreciation in all cryptocurrencies this month is a factor behind the growth, but so are inflows: Grayscale took in $262.3 million last week alone, Managing Director Michael Sonnenshein tweeted Friday. The assets are held across nine single-asset investment trusts and a diversified fund. Shares in these vehicles are offered directly only to accredited investors, but most of them can be publicly traded on the over-the-counter markets. Grayscale is owned by Digital Currency Group, which is also the parent company of CoinDesk. See also: Galaxy Digital Gets Initial Approval for New Bitcoin Fund in Canada Related Stories Grayscale’s Crypto Assets Under Management Break $10B Grayscale’s Crypto Assets Under Management Break $10B Grayscale’s Crypto Assets Under Management Break $10B Grayscale’s Crypto Assets Under Management Break $10B... - 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, BTC to USD, rose by 1.46% on Friday. Following on from a 6.89% rally on Thursday, Bitcoin ended the day at $23,124.0.\nIt was a mixed start to the day. Bitcoin slipped to an early morning low $22,466.0 before making a move.\nSteering clear of the first major support level at $21,445, Bitcoin rose to a late morning intraday high $23,287.0.\nFalling short of the first major resistance level at $23,878, however, Bitcoin slid back to a mid-afternoon intraday low $22,362.0.\nSteering clear of the major support levels once more, Bitcoin moved back through to $23,000 levels to end the day in the green.\nThe near-term bullish trend remained intact, supported by the breakthrough to $23,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,500 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Friday.\nLitecoinrallied by 8.31% to lead the way.\nBinance Coin(+2.60%),Cardano’s ADA(+1.13%),Chainlink(+0.42%),Ethereum(+1.77%), andRipple’s XRP(+1.29%) also joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SV(-0.50%),Crypto.com Coin(-5.52%) and Polkadot (-1.00%) saw red on the day\nFor the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Thursday high $679.01bn. At the time of writing, the total market cap stood at $643.64bn.\nBitcoin’s dominance fell to a Monday low 64.21% before rising to a Friday high 66.72%. At the time of writing, Bitcoin’s dominance stood at 66.38%.\nAt the time of writing, Bitcoin was down by 0.71% to $22,960.0. A mixed start to the day saw Bitcoin rise to an early morning high $23,188.0 before falling to a low $22,952.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin and Polkadot bucked the trend early on, with gains of 0.53% and 0.17% respectively.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Ripple’s XRP was down by 1.58% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $22,924 to bring the first major resistance level at $23,487 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Friday’s high $23,287.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $23,500 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $24,000 before any pullback. The second major resistance level sits at $23,849.\nFailure to avoid a fall through the $22,924 pivot would bring the first major support level at $22,562 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$22,000 levels. The second major support level sits at $21,999.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Gold Consolidates After 2% Weekly Rise\n• Silver Weekly Price Forecast: Silver Testing Top of Consolidation Area\n• Natural Gas Weekly Price Forecast – Natural Gas Hold 200 Week EMA\n• The Weekly Wrap – COVID-19 Vaccine, Brexit, Stimulus Talks, and Stats Were in Focus\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Big Test at 12751.00 into Close\n• S&P 500 Price Forecast – Stock Markets Pull Back Ahead of Holidays', 'Bitcoin , BTC to USD, rose by 1.46% on Friday. Following on from a 6.89% rally on Thursday, Bitcoin ended the day at $23,124.0. It was a mixed start to the day. Bitcoin slipped to an early morning low $22,466.0 before making a move. Steering clear of the first major support level at $21,445, Bitcoin rose to a late morning intraday high $23,287.0. Falling short of the first major resistance level at $23,878, however, Bitcoin slid back to a mid-afternoon intraday low $22,362.0. Steering clear of the major support levels once more, Bitcoin moved back through to $23,000 levels to end the day in the green. The near-term bullish trend remained intact, supported by the breakthrough to $23,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,500 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Litecoin rallied by 8.31% to lead the way. Binance Coin (+2.60%), Cardano’s ADA (+1.13%), Chainlink (+0.42%), Ethereum (+1.77%), and Ripple’s XRP (+1.29%) also joined Bitcoin in the green. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-0.50%), Crypto.com Coin (-5.52%) and Polkadot (-1.00%) saw red on the day For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Thursday high $679.01bn. At the time of writing, the total market cap stood at $643.64bn. Bitcoin’s dominance fell to a Monday low 64.21% before rising to a Friday high 66.72%. At the time of writing, Bitcoin’s dominance stood at 66.38%. This Morning At the time of writing, Bitcoin was down by 0.71% to $22,960.0. A mixed start to the day saw Bitcoin rise to an early morning high $23,188.0 before falling to a low $22,952.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin and Polkadot bucked the trend early on, with gains of 0.53% and 0.17% respectively. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 1.58% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $22,924 to bring the first major resistance level at $23,487 into play. Support from the broader market would be needed for Bitcoin to break out from Friday’s high $23,287.0. Barring an extended crypto rally, the first major resistance level and resistance at $23,500 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $24,000 before any pullback. The second major resistance level sits at $23,849. Failure to avoid a fall through the $22,924 pivot would bring the first major support level at $22,562 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$22,000 levels. The second major support level sits at $21,999. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Gold Consolidates After 2% Weekly Rise Silver Weekly Price Forecast: Silver Testing Top of Consolidation Area Natural Gas Weekly Price Forecast – Natural Gas Hold 200 Week EMA The Weekly Wrap – COVID-19 Vaccine, Brexit, Stimulus Talks, and Stats Were in Focus E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Big Test at 12751.00 into Close S&P 500 Price Forecast – Stock Markets Pull Back Ahead of Holidays', 'Bitcoin finally broke the $20,000 ceiling today, after having hovered just below it and as demand from institutional investors rapidly increases. This represents a huge milestone for the world’smost valuable virtual currency with an explosive track record,which traded 5.6% higher to a price of around $20,600, according to market data from Coin Metrics.\nThe cryptocurrency got a boost earlier this year by being backed by big name investors like Paul Tudor Jones and Stanley Druckenmiller. S&P Global also announced earlier this month that it will launch cryptocurrency asset indices in 2021 — further proof that Bitcoin is going more mainstream. The index provider said it was partnering with Lukka, a leading New York City-based crypto asset software and data company.\nSee:PayPal Finally Welcomes Bitcoin, More CryptocurrenciesLearn More:How To Invest in Cryptocurrency\n“With digital assets such as cryptocurrencies becoming a rapidly emerging asset class, the time is right for independent, reliable and user-friendly benchmarks,” Peter Roffman, Global Head of Innovation and Strategy at S&P Dow Jones Indices, said in a statement.\nIn addition, Massachusetts Mutual Life Insurance Co. announced last week it purchased $100 million in Bitcoin for its general investment account, as well as a $5 million equity stake in NYDIG, an institutional crypto investment firm. “We are proud of this incredible moment in the history of both Bitcoin and the insurance industry. This reflects the expansion of Bitcoin to insurance company general investment accounts,” Robert Gutmann, co-founder and CEO of NYDIG, said in a statement.\nSee:Bitcoin Price Hits All-Time HighLearn More:Americans Think Bitcoin, Stocks Are the Riskiest Investments — Are They Right?\nIn an interview with CNBC, Jason Deane, an analyst at crypto advisory firm Quantum Economics, said that increased institutional interest in Bitcoin has “led to an increasingly bullish narrative.”\n“The race is on to secure Bitcoin in a market of ever-dwindling supply,” Deane told CNBC. “It’s probably not too strong to say this is institutional FOMO (fear of missing out) and those organizations who have been looking to do this now realize they will have to move fast to secure it.” For now, things look great for Bitcoin. But buyer beware:This type of thinking has often led to market bubbles, so be cautious of jumping on this trend without doing your research and making a plan.\nMore From GOBankingRates\n• 37 Life Hacks That Will Save You Money\n• Are You Spending More Than the Average American on 25 Everyday Items?\n• Investors Bank’s Checking Accounts: Helping You Do More With Your Money\n• Guns and 32 Other Things You Definitely Do NOT Need To Buy During the Coronavirus Pandemic\nThis article originally appeared onGOBankingRates.com:Bitcoin Finally Breaks $20,000 Barrier – Is the Cryptocurrency Bubble About to Burst?', 'Bitcoin finally broke the $20,000 ceiling today, after having hovered just below it and as demand from institutional investors rapidly increases. This represents a huge milestone for the world’smost valuable virtual currency with an explosive track record,which traded 5.6% higher to a price of aro **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: 2020-12-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $427,683,828,981 - Hash Rate: 146639659.8648542 - Transaction Count: 343536.0 - Unique Addresses: 756109.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) has chalked up a stellar price rally in the past two months, reaching 33-month highs close to $16,000. The uptrend began in early September after buyers bought a dip below $10,000, and gathered pace in the second half of October. Last week, prices reached a high of $15,971, a level last seen in January 2018. That’s a 63% price gain in eight weeks, according to CoinDesk’sBitcoin Price Index. Related:Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked in DeFi at All-Time High Over 2018 and 2019, bitcoin often languished below $10,000, struggling to recover from a crash that followed the late 2017 surge to record highs near $20,000. So, what’s behind the rapid gains in recent weeks? Here are three of the primary factors driving the bull market: “Over the past eight weeks, we have seen various notable public companies and hedge funds enter the cryptocurrency market with sizable deployment of capital,” Matthew Dibb, co-founder, and COO of Singapore-based Stack Funds said. On Sept. 15, listed business intelligence firm MicroStrategy (NASDAQ: MSTR)announced the purchaseof $250 million worth of bitcoins, and three weeks later payments company Square (NYSE: SQ) alsodisclosed its investmentin the bitcoin market. Related:Legendary Investor Stan Druckenmiller Turns Bitcoin Bull In October, leverage in the derivatives market was also skewed bullish, with institutions holding record long positions in bitcoin futures listed on the Chicago Mercantile Exchange. Also read:Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps The increased institutional participation likely created upward pressure on prices. Further, it buoyed broader market sentiment and likely prompted more buyers to join the market. The number of bitcoin whale entities – clusters of addresses held by a single network participant holding at least 1,000 BTC –rose to four-year highsat the end of October. Retail participation increased, too, as suggested by the “accumulation addresses” metricrising to record highs. Since the coronavirus pandemic hit, expectations for additional U.S. fiscal stimulus alongside the Federal Reserve’s ongoing inflation-boosting bond purchase programs have triggered fears of a dollar sell-off, and motivated both institutions and retailers to put at least some money into bitcoin. “The talks of further stimulus efforts has put bitcoin on the map as a quasi-safe haven, possessing many of the store-of-value qualities of gold, despite its relatively [brief] existence,” Dibb said. Also read:World’s Growing Stockpile of Negative-Yielding Debt a Positive for Bitcoin, Say Analysts Large spot buyers, mostly institutions, have created a shortfall in bitcoin liquidity, pressuring prices to the higher side. “Between Grayscale’s GBTC trust, MicroStrategy and the influx of other large spot buyers, the supply of bitcoin is beginning to look more scarce,” Dibb said. Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group. Further, retail investors took direct custody of their coins by moving them from exchanges to their own wallets, adding to the drying up of sell-side liquidity. The total number of bitcoins held on cryptocurrency exchanges has fallen 9% to 2,404,788 BTC in the past two months, according toGlassnode data. The decline in exchange balances is indicative of strong holding sentiment in the market. Bitcoin’s bullish bias strengthened following the cryptocurrency’s convincing break above $12,500 in the third week of October. Back then, many analysts had pointed to $12,500 as the level to beat for the bulls. That’s because the cryptocurrency had declined sharply following a rejection near $12,500 in August. “The real resistance level is around $12,500-ish, so, until a meaningful breakout above that level, nothing is done,”  David Lifchitz, chief investment officer at ExoAlpha, told CoinDesk on Oct. 20. Indeed, the eventual breakout above $12,500 looks to have invited stronger chart-driven buying pressure. Bitcoin ended the third week of October above the key hurdle and remained bid in the following two weeks. Now support, at $12,500, hasn’t been tested since. Also read:Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview At press time, bitcoin is changing hands near $15,390, representing a 113% year-to-date gain. Disclosure: The author holds small positions in bitcoin and litecoin. • 3 Reasons Bitcoin Has Rallied Over 60% in Just Two Months • 3 Reasons Bitcoin Has Rallied Over 60% in Just Two Months... - 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, BTC to USD, rose by 2.96% on Saturday. Following a 1.46% gain from Friday, Bitcoin ended the day at $23.808.0.\nIt was another mixed start to the day. Bitcoin rose to an early morning high $23,240 before hitting reverse.\nFalling short of Friday’s high $23,287 and the major resistance levels, Bitcoin fell to a late morning intraday low $22,768.0\nSteering clear of the first major support level at $22,562, Bitcoin rallied to a late afternoon intraday high and a new swing high $24,123.0.\nBitcoin broke through the first major resistance level at $23,487 and the second major resistance level at $23,849.\nA choppy end to the day saw Bitcoin fall back to $23,600 before wrapping up the day at $23,800 levels.\nThe second major resistance level at $23,849 pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact, supported by the breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,687 to form a near-term bearish trend.\nAcross the rest of the majors, it was yet another mixed day on Saturday.\nBinance CoinandLitecoinrallied by 7.44% and by 9.66% respectively to lead the way.\nCrypto.com Coin(+1.85%) andEthereum(+0.66%), also joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SV(-0.97%),Cardano’s ADA(-0.41%),Chainlink(-0.26%), Polkadot (-3.32%) andRipple’s XRP(-1.14%) saw red on the day\nFor the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Saturday high $680.60bn. At the time of writing, the total market cap stood at $660.27bn.\nBitcoin’s dominance fell to a Monday low 64.21% before rising to an early Sunday high 66.97%. At the time of writing, Bitcoin’s dominance stood at 66.88%.\nAt the time of writing, Bitcoin was down by 0.48% to $23,693.7. A mixed start to the day saw Bitcoin rise to an early morning high $23,810.0 before falling to a low $23,668.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the majors.\nChainlink and Polkadot bucked the trend early on, with gains of 0.01% and 0.63% respectively.\nIt was a bearish day for the rest of the majors, however.\nAt the time of writing, Litecoin and Ripple’s XRP led the way down, with losses of 1.07% and 1.05% respectively.\nBitcoin would need to avoid a fall through the pivot level at $23.566 to bring the first major resistance level at $24,365 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $24,123.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $24,500 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $25,000 before any pullback. The second major resistance level sits at $24,921.\nFailure to avoid a fall through the $23,566 pivot would bring the first major support level at $23,010 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$22,500 levels. The second major support level sits at $22,211.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – December 19th, 2020\n• Gold Price Futures (GC) Technical Analysis – Trader Reaction to Short-Term Retracement Zone Sets the Tone\n• Crude Oil Price Forecast – Crude Oil Reaches Towards Major Figure\n• S&P 500 Weekly Price Forecast – Stock Markets Choppy Ahead of Holidays\n• The Weekly Wrap – COVID-19 Vaccine, Brexit, Stimulus Talks, and Stats Were in Focus\n• U.S Mortgage Rates Slide to a 15th Low of the Year', 'Bitcoin , BTC to USD, rose by 2.96% on Saturday. Following a 1.46% gain from Friday, Bitcoin ended the day at $23.808.0. It was another mixed start to the day. Bitcoin rose to an early morning high $23,240 before hitting reverse. Falling short of Friday’s high $23,287 and the major resistance levels, Bitcoin fell to a late morning intraday low $22,768.0 Steering clear of the first major support level at $22,562, Bitcoin rallied to a late afternoon intraday high and a new swing high $24,123.0. Bitcoin broke through the first major resistance level at $23,487 and the second major resistance level at $23,849. A choppy end to the day saw Bitcoin fall back to $23,600 before wrapping up the day at $23,800 levels. The second major resistance level at $23,849 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, supported by the breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,687 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was yet another mixed day on Saturday. Binance Coin and Litecoin rallied by 7.44% and by 9.66% respectively to lead the way. Crypto.com Coin (+1.85%) and Ethereum (+0.66%), also joined Bitcoin in the green. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-0.97%), Cardano’s ADA (-0.41%), Chainlink (-0.26%), Polkadot (-3.32%) and Ripple’s XRP (-1.14%) saw red on the day For the current week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Saturday high $680.60bn. At the time of writing, the total market cap stood at $660.27bn. Bitcoin’s dominance fell to a Monday low 64.21% before rising to an early Sunday high 66.97%. At the time of writing, Bitcoin’s dominance stood at 66.88%. This Morning At the time of writing, Bitcoin was down by 0.48% to $23,693.7. A mixed start to the day saw Bitcoin rise to an early morning high $23,810.0 before falling to a low $23,668.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day for the majors. Chainlink and Polkadot bucked the trend early on, with gains of 0.01% and 0.63% respectively. It was a bearish day for the rest of the majors, however. At the time of writing, Litecoin and Ripple’s XRP led the way down, with losses of 1.07% and 1.05% respectively. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $23.566 to bring the first major resistance level at $24,365 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $24,123.0. Barring an extended crypto rally, the first major resistance level and resistance at $24,500 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $25,000 before any pullback. The second major resistance level sits at $24,921. Failure to avoid a fall through the $23,566 pivot would bring the first major support level at $23,010 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$22,500 levels. The second major support level sits at $22,211. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – December 19th, 2020 Gold Price Futures (GC) Technical Analysis – Trader Reaction to Short-Term Retracement Zone Sets the Tone Crude Oil Price Forecast – Crude Oil Reaches Towards Major Figure S&P 500 Weekly Price Forecast – Stock Markets Choppy Ahead of Holidays The Weekly Wrap – COVID-19 Vaccine, Brexit, Stimulus Talks, and Stats Were in Focus U.S Mortgage Rates Slide to a 15th Low of the Year', 'By Marc Jones and Ritvik Carvalho LONDON (Reuters) - Last December, the first infection with the new coronavirus was reported to the World Health Organization. Twelve months later, as the charts below show, global financial markets have been on a roller coaster like no other. JANUARY JITTERS The coronavirus wasn\'t even the first thing that spooked the markets this year. The tone was set when an escalation of an oil market turf war between Saudi Arabia and Russia sent oil prices crashing more than 5% on Jan 8. Just days later, though, China\'s stock markets began to fall as a cluster of more than 50 pneumonia cases in Wuhan city sparked a warning from the WHO that there could be a new SARS-like virus. Oil continued to fall as traders began worrying about a drop in Chinese demand, but other major markets were not seriously affected until mid-February, when it became clear the virus was rapidly spreading out of Asia. Cue carnage. From Feb. 20 to March 24, as Europe\'s big economies locked down, MSCI\'s 49-country world share index lost more than a third of its value, haemorrhaging a staggering $18 trillion. (Graphic: Trillion dollar carnage - https://fingfx.thomsonreuters.com/gfx/mkt/gjnpwkjqqpw/Pasted%20image%201608259599744.png) Wall Street\'s S&P 500, Dow Jones and Nasdaq slumped 35%, 38% and 30% respectively. London and Frankfurt\'s internationally exposed FTSE and DAX markets dropped 35% and 40%. Japan\'s Nikkei fell 30%. Chinese stocks saw a more modest 16% drop. "In retrospect, I felt I was one of the villagers in the boy who cried wolf story," said Ben Inker, head of asset allocation at investment firm GMO. "We had seen a number of potential pandemics never really develop ... we were assuming that this was going to be contained, and when it didn\'t we understood why the world was freaking out." For reference, the record quarterly drop for Wall Street was 40% in 1932, the onset of the Great Depression. The fact that the S&P and Dow were at record highs in mid-February made the crash this time seem more brutal. Story continues (Graphic: Speed, severity of coronavirus selloff eclipses previous market dislocations - https://fingfx.thomsonreuters.com/gfx/mkt/dgkvlqjmzpb/Pasted%20image%201608261872632.png) MARCH MADNESS Governments were already trying to shore up their economies, but just as in the financial crisis a decade previously, it took powerful central bank medicine to steady the markets. The Federal Reserve\'s move to cut U.S. interest rates to zero in mid-March initially had zero impact, but once it opened new swap lines to keep money markets flush with dollars and the European Central Bank and o **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: 2020-12-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $427,683,828,981 - Hash Rate: 140142966.07337332 - Transaction Count: 282043.0 - Unique Addresses: 638816.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Add another robust bitcoin ( BTC-USD ) price prediction to the mix from a crypto industry insider — $500,000. Read more: Bitcoin: 74 questions answered “This year is probably going to end at this $22,000 to $25,000 range [for bitcoin] and next year $30,000 to $35,000 and then we will break out to these new high levels that you are talking about,” Celsius Network co-founder and CEO Alexi Mashinsky told Yahoo Finance Live when asked if bitcoin was on a collision course to reach $500,000. Celsius, a crypto loan company, tapped into the renewed bitcoin fever to raise $20 million via an equity crowdfunding in August to support its operations. Mashinsky contends that the supply is so scarce for bitcoin — and demand so great — that up is the only likely direction for the crypto to head over time. Judging by the action of late in bitcoin, other investors agree with Mashinsky’s thinking. Bitcoin prices surged beyond the $20,000 mark this week and hit fresh record highs. On Thursday, prices crept to about $23,000. Year-to-date bitcoin prices are up about 224%. Bitcoin prices have hit new records. Credit: Getty The sizable year-end move in bitcoin is giving some investors in the space a flashback to the big run-up seen in 2017. Bitcoin prices surged to $17,000 by mid December 2017, only to plunge to $3,100 or so a year later as speculators were crushed under the weight of their own greed and a raft of unfriendly news. But industry pros say this time is different because of newfound institutional demand for bitcoin. The buying, pros think, only supports the view of bitcoin as a credible alternative to fiat currencies. This month, insurance giant MassMutal unveiled a $100 million investment in bitcoin for its general investment account. PayPal continues to buy up bitcoin to support the recent launch of the capability to buy, sell and trade cryptocurrency from a PayPal account. “Bitcoin is for everyone,” longtime bitcoin bull Mike Novogratz told Yahoo Finance Live . “Everyone should put 2% to 3% of their net worth in bitcoin and look at it in five years, and it’s going to be a whole lot more.” Story continues Brian Sozzi is an editor-at-large and anchor at Yahoo Finance . Follow Sozzi on Twitter @BrianSozzi and on LinkedIn . What’s hot from Sozzi: Melinda Gates: we are giving $250 million more to the COVID-19 relief effort Olympics great Michael Phelps: the COVID-19 pandemic hasn’t been all smiles for me HP CEO: here’s how our business is trending during the pandemic Lululemon founder: retail will rally back after the pandemic Walmart CEO: the lack of stimulus is taking its toll Senator Ted Cruz: big tech is drunk on power Watch Yahoo Finance’s live programming on Verizon FIOS channel 604 , Apple TV , Amazon Fire TV , Roku , Samsung TV, Pluto TV, and YouTube . Online catch Yahoo Finance on Twitter , Facebook , Instagram , Flipboard , SmartNews , LinkedIn , and reddit .... - 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 has gained 23% since Monday, ending the week trading just below $23,500 with its best weekly performance since April 2019, measured by percentage increase.\n• Throughout its monster weekly rally,bitcoin‘s price set new record highs in four of the past five days, reaching the current record high of $24,273 Sunday afternoon, per CoinDesk’s Bitcoin Price Index (BPI).\n• Only nine other times in the past five years has bitcoin seen a weekly gain larger than the one posted this week.\n• As the new trading week starts, CME bitcoin futures opened at $23,600, just over 3% higher than their close on Friday.\n• Strong weekend buying pressure has caused CME bitcoin futures to open Sunday trading at higher prices than the previous Friday’s close for 10 of the past 12 weeks, perTradingViewmarket data.\n• Bitcoin’s strong weekly performance coincides with the latest flurry of institutional investor activity in bitcoin.\n• Christopher Wood, global head of equity strategy at investment firm Jefferies, issaidto have trimmed 5% of his gold exposure and allocated it to bitcoin. Scott Minerd, chief investment officer at Guggenheim Partners,toldBloomberg his firm’s analysis shows bitcoin should be worth $400,000. Goldman Sachs was alsoreportedlypicked Friday to lead the Coinbase public offering.\n• Year to date, the bellwether cryptocurrency has gained 226%, perMessaridata.\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain', 'Bitcoin has gained 23% since Monday, ending the week trading just below $23,500 with its best weekly performance since April 2019, measured by percentage increase.\n• Throughout its monster weekly rally,bitcoin‘s price set new record highs in four of the past five days, reaching the current record high of $24,273 Sunday afternoon, per CoinDesk’s Bitcoin Price Index (BPI).\n• Only nine other times in the past five years has bitcoin seen a weekly gain larger than the one posted this week.\n• As the new trading week starts, CME bitcoin futures opened at $23,600, just over 3% higher than their close on Friday.\n• Strong weekend buying pressure has caused CME bitcoin futures to open Sunday trading at higher prices than the previous Friday’s close for 10 of the past 12 weeks, perTradingViewmarket data.\n• Bitcoin’s strong weekly performance coincides with the latest flurry of institutional investor activity in bitcoin.\n• Christopher Wood, global head of equity strategy at investment firm Jefferies, issaidto have trimmed 5% of his gold exposure and allocated it to bitcoin. Scott Minerd, chief investment officer at Guggenheim Partners,toldBloomberg his firm’s analysis shows bitcoin should be worth $400,000. Goldman Sachs was alsoreportedlypicked Friday to lead the Coinbase public offering.\n• Year to date, the bellwether cryptocurrency has gained 226%, perMessaridata.\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain\n• Bitcoin Price Caps Best Week in 20 Months With 23% Gain', 'Bitcoin has gained 23% since Monday, ending the week trading just below $23,500 with its best weekly performance since April 2019, measured by percentage increase. Throughout its monster weekly rally, bitcoin \x91s price set new record highs in four of the past five days, reaching the current record high of $24,273 Sunday afternoon, per CoinDesk\x92s Bitcoin Price Index (BPI). Only nine other times in the past five years has bitcoin seen a weekly gain larger than the one posted this week. As the new trading week starts, CME bitcoin futures opened at $23,600, just over 3% higher than their close on Friday. Strong weekend buying pressure has caused CME bitcoin futures to open Sunday trading at higher prices than the previous Friday\x92s close for 10 of the past 12 weeks, per TradingView market data. Bitcoin\x92s strong weekly performance coincides with the latest flurry of institutional investor activity in bitcoin. Christopher Wood, global head of equity strategy at investment firm Jefferies, is said to have trimmed 5% of his gold exposure and allocated it to bitcoin. Scott Minerd, chief investment officer at Guggenheim Partners, told Bloomberg his firm\x92s analysis shows bitcoin should be worth $400,000. Goldman Sachs was also reportedly picked Friday to lead the Coinbase public offering. Year to date, the bellwether cryptocurrency has gained 226%, per Messari data. Related Stories Bitcoin Price Caps Best Week in 20 Months With 23% Gain Bitcoin Price Caps Best Week in 20 Months With 23% Gain Bitcoin Price Caps Best Week in 20 Months With 23% Gain Bitcoin Price Caps Best Week in 20 Months With 23% Gain', 'Bitcoin, BTC to USD, fell by 1.57% on Sunday. Partially reversing a 2.96% gain from Saturday, Bitcoin ended the week up by 22.14% to $23,427.0.\nIt was another mixed start to the day. Bitcoin fell to an early morning intraday low $23,101.0 before making a move.\nSteering clear of the first major support level at $23,010, Bitcoin rallied to a late intraday high $24,244.0.\nFalling short of the first major resistance level at $24,365, however, Bitcoin fell back to the early intraday low $23,101.\nContinuing to steer clear of the major support levels, Bitcoin moved back through to $23,400 levels to limit the downside.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,687 to form a near-term bearish trend.\nAcross the rest of the majors, it was yet another mixed day on Saturday.\nBinance Coin(+2.92%),Bitcoin Cash SV(+2.68%), andCrypto.com Coin(+1.66) bucked the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nLitecoinandRipple’s XRPslid by 4.49% and by 3.58% respectively to lead the way down.\nChainlink(-3.13%) andEthereum(-3.10%) also struggled on the day.\nCardano’s ADA(-1.42%) and Polkadot (-1.38%) saw relatively modest losses, however.\nFor the week, it was also mixed for the majors.\nPolkadot slid by 13.5% to buck the trend for the week.\nIt was a bullish week for the rest of the majors, however.\nLitecoin led the way, surging by 39.48% to lead the way.\nBinance Coin (+17.79%) and Crypto.com Coin (+10.51%) also found strong support.\nBitcoin Cash SV (+7.36%), Cardano’s ADA (+5.33%), Chainlink (+1.07%), Ethereum (+8.12%), and Ripple’s XRP (+8.41%) trailed the front runners, however.\nFor the week, the crypto total market cap fell to a Monday low $545.05bn before rising to a Saturday high $680.60bn. At the time of writing, the total market cap stood at $657.06bn.\nBitcoin’s dominance fell to a Monday low 64.21% before rising to a Sunday high of 67.44%. At the time of writing, Bitcoin’s dominance stood at 66.97%.\nAt the time of writing, Bitcoin was up by 1.04% to $23,671.0. A mixed start to the day saw Bitcoin fall to an early morning low $23,280.0 before rising to a high $23,685.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the majors.\nPolkadot was down by 0.24% to buck the trend early on.\nIt was a bullish day for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 4.65% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $23,591 to bring the first major resistance level at $24,080 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $24,000 levels.\nBarring an extended crypto rally, the first major resistance level Sunday’s high $24,244.0 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $25,000 before any pullback. The second major resistance level sits at $24,734.\nFailure to avoid a fall back through the $23,591 pivot would bring the first major support level at $22,937 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$22,500 levels. The second major support level sits at $22,448.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Fundamental Daily Forecast – Showing Signs of Life Mid-Month after Dismal Start to December\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 30113 Sets the Tone\n• European Equities: Brexit and Updates from Capitol Hill to Test Support\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 21st, 2020\n• Top Blue Chip Picks for 2021\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 21st, 2020', 'Bitcoin , BTC to USD, fell by 1.57% on Sunday. Partially reversing a 2.96% gain from Saturday, Bitcoin ended the week up by 22.14% to $23,427.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $23,101.0 before making a move. Steering clear of the first major support level at $23,010, Bitcoin rallied to a late intraday high $24,244.0. Falling short of the first major resistance level at $24,365, however, Bitcoin fell back to the early intraday low $23,101. Continuing to steer clear of the major support levels, Bitcoin moved back through to $23,400 levels to limit the downside. The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,687 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was yet another mixed day on Saturday. Binance Coin (+2.92%), Bitcoin Cash SV (+2.68%), and Crypto.com Coin (+1.66) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Litecoin and Ripple’s XRP slid by 4.49% and by 3.58% respectively to lead the way down. Chainlink (-3.13%) and Ethereum ( **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: 2020-12-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $422,107,246,156 - Hash Rate: 126221479.37734284 - Transaction Count: 269834.0 - Unique Addresses: 649848.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: FutureFuel Third Quarter Net Income of $6.9 Million Reports Net Income of $6.9 Million or $0.16 per Diluted Share, and Adjusted EBITDA of $5.6 Million CLAYTON, Mo., Nov. 09, 2020 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF ) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the third quarter and the nine months ended September 30, 2020. Third quarter 2020 Financial Highlights (all comparisons are with the third quarter of 2019) ● Revenues were $54.1 million, down 17.6% from $65.7 million ● Adjusted EBITDA was $5.6 million, down 18.4% from $6.8 million ● Net income increased to $6.9 million, or $0.16 per diluted share, from $6.6 million, or $0.15 per diluted share. Nine-month 2020 Financial Highlights (all comparisons are with the first nine months of 2019) ● Revenues were $154.6 million, down 16.4% from $185.0 million ● Adjusted EBITDA was $18.4 million, up 17.7% from $15.6 million ● Net income increased to $41.1 million, or $0.94 per diluted share, from $15.8 million, or $0.36 per diluted share. “The COVID-19 pandemic continues to dominate our business environment. We have witnessed reduced demand for all consumer and energy products in our Chemicals segment and in response, we have tailored our operation to match this lower level of activity and manage costs. We are well positioned to ramp up production when demand returns and, in the meantime, we will actively pursue new opportunities that arise in a post-COVID-19 marketplace. Our Biodiesel operation continues to operate at record-breaking production rates and with positive margins, demonstrating once again the benefit of this diversity within our business. ” said Tom McKinlay, Chief Operating Officer for FutureFuel Corp. 2020 Cash Dividends FutureFuel paid a regular quarterly cash dividend in the amount of $0.06 per share on our common stock in the third quarter of 2020. In addition to the normal quarterly cash dividend of $0.06 per share paid in the first, second, and third quarters of 2020, we also declared a special cash dividend of $3.00 per share paid in April. The remaining quarterly dividend of $0.06 per share will be paid in December. Financial Overview and Key Operating Metrics Financial and operating metrics, which include non-GAAP financial measures, include dollars in thousands, except per share amounts: FutureFuel Corp. Certain Financial and Operating Metrics (Unaudited) Three Months Ended September 30, Dollar % 2020 2019 Change Change Revenue $ 54,138 $ 65,684 $ (11,546 ) (17.6 %) Income from operations $ 3,804 $ 3,275 $ 529 16.2 % Net income $ 6,890 $ 6,622 $ 268 4.0 % Earnings per common share: Basic $ 0.16 $ 0.15 $ 0.01 6.7 % Diluted $ 0.16 $ 0.15 $ 0.01 6.7 % Capital expenditures (net of customer reimbursements) $ 758 $ 572 $ 186 32.5 % Adjusted EBITDA $ 5,575 $ 6,834 $ (1,259 ) (18.4 %) Nine Months Ended September 30, Dollar % 2020 2019 Change Change Revenue $ 154,642 $ 185,049 $ (30,407 ) (16.4 %) Income from operations $ 16,644 $ 5,671 $ 10,973 193.5 % Net income $ 41,092 $ 15,808 $ 25,284 159.9 % Earnings per common share: Basic $ 0.94 $ 0.36 $ 0.58 161.1 % Diluted $ 0.94 $ 0.36 $ 0.58 161.1 % Capital expenditures (net of customer reimbursements) $ 1,891 $ 1,446 $ 445 30.8 % Adjusted EBITDA $ 18,404 $ 15,633 $ 2,771 17.7 % Financial and Business Summary Consolidated revenue in the three and nine months ended September 30, 2020, decreased $11,546 and $30,407, compared to the three and nine months ended September 30, 2019. This decrease primarily resulted from lower sales volumes in the chemicals segment and lower biofuel selling prices driven by the COVID-19 pandemic along with the absence of an agrochemical product we no longer make. Partially offsetting this decline in the three and nine-month period was increased biofuels sales volumes. Story continues Gross profit in the three and nine months ended September 30, 2020 increased $984 and $11,762 compared to the three and nine months ended September 30, 2019. This increase was primarily from: i) the blenders’ tax credit (“BTC”) being in effect for the current period and not in effect in the prior year; ii) increased sales volumes of biofuels; and iii) the change in the unrealized and realized activity in derivative instruments. The change in derivatives was a gain of $867 and $322 in the three months ended September 30, 2020 and 2019, respectively. The change in derivatives had a greater impact in the nine-month comparison period with a gain of $6,789 in the nine months ended September 30, 2020 and a loss of $711 in the nine months ended September 30, 2019. Partially offsetting these increases in gross profit was the reduction in chemical sales volumes as described above. Also impacting gross profit in both the three and nine months ended September 30, 2020 and 2019 was the adjustment in the carrying value of our inventory as determined utilizing the LIFO method of inventory accounting. In the three months ended September 30, 2020 this adjustment decreased gross profit $628 and increased gross profit $557 in the three months ended September 30, 2019. In the nine months ended September 30, 2020 and 2019, this adjustment increased gross profit $2,266 and $2,480, respectively. Net Income Net income for the three and nine months ended September 30, 2020 increased $268 and $25,284, respectively, as compared to the same periods in 2019. This increase resulted primarily from biodiesel tax credits and incentives that were in effect in the three and nine months ended September 30, 2020 that were not in effect for 2019 (see Note 2 to our consolidated financial statements) and tax law changes in the first nine months of 2020 not in effect for 2019. In the three and nine months ended September 30, 2020, income was also benefited by other income from the resolution of a prior year contractual matter. Partially offsetting this increase in the nine-month period was net unrealized losses on equity securities. Capital Expenditures Capital expenditures were $3,717 in the first nine months of 2020, compared with $6,139 in the same period in 2019. FutureFuel was reimbursed for a portion of these expenditures by certain customers as summarized in the following table. Nine Months Ended September 30, 2020 2019 Cash paid for capital expenditures $ 3,717 $ 6,139 Cash received from customers as reimbursement of capital expenditures $ (1,826 ) $ (4,693 ) Cash paid for capital expenditures, net of reimbursements $ 1,891 $ 1,446 Cash and Cash Equivalents and Marketable Securities Cash and cash equivalents and marketable securities totaled $243,647 as of September 30, 2020, compared with $316,951 as of December 31, 2019. About FutureFuel FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers (“custom chemicals”) as well as multi-customer specialty chemicals (“performance chemicals”). FutureFuel’s custom chemicals product portfolio includes proprietary herbicide and intermediates for major life sciences companies, and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company. FutureFuel’s performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications. FutureFuel’s biofuels segment primarily produces and sells biodiesel to its customers. Please visit www.futurefuelcorporation.com for more information. Forward-Looking Statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements deal with FutureFuel’s current plans, intentions, beliefs, and expectations, and statements of future economic performance. Statements containing such terms as “believe,” “do not believe,” “plan,” “expect,” “intend,” “estimate,” “anticipate,” and other phrases of similar meaning are considered to contain uncertainty and are forward-looking statements. In addition, from time to time FutureFuel or its representatives have made or will make forward-looking statements orally or in writing. Furthermore, such forward-looking statements may be included in various filings that the company makes with United States Securities and Exchange Commission (the “SEC”), in press releases, or in oral statements made by or with the approval of one of FutureFuel’s authorized executive officers. These forward-looking statements are subject to certain known and unknown risks and uncertainties, including, but not limited to the COVID-19 pandemic and the response thereto, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. Factors that might cause actual results to differ include, but are not limited to, those set forth under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in FutureFuel’s Form 10-K Annual Report for the year ended December 31, 2019 and in its future filings made with the SEC. An investor should not place undue reliance on any forward-looking statements contained in this document, which reflect FutureFuel management’s opinions only as of their respective dates. Except as required by law, the company undertakes no obligation to revise or publicly release the results of any revisions to forward-looking statements. The risks and uncertainties described in this document and in current and future filings with the SEC are not the only ones faced by FutureFuel. New factors emerge from time to time, and it is not possible for the company to predict which will arise. There may be additional risks not presently known to the company or that the company currently believes are immaterial to its business. In addition, FutureFuel cannot assess the impact of each fac... - Reddit Posts (Sample): []... 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:** ['We wanted to take our time to review Bitcoin Up so that you can make an informed decision about your investments. Bitcoin Up We wanted to take our time to review Bitcoin Up so that you can make an informed decision about your investments. We wanted to take our time to review Bitcoin Up so that you can make an informed decision about your investments. London, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Bitcoin Up Review for 2021: Is This Legit or Not? Cryptocurrency is the newest fad, and it\'s here to stay. Traders have been making money for years, but it got off to a rocky start. Those who stuck with it have made high profits on the market, but now it is your turn. >> Open a FREE Bitcoin Up Account << You don\'t need any experience trading to make it big. In fact, you can know nothing about the crypto world and still earn money with the right tools. Auto-trading robots have become very popular for seasoned traders and those without any experience. Now, you can enjoy large returns on your investment with a couple of clicks here and there. It\'s a win-win situation and ensures that you can earn wealth like never before. >>VISIT Bitcoin Up Website<< Bitcoin Up Review Legit? We focus on researching various automated trading systems in relation to cryptocurrency. When we find options that look good, we test them out to see if they can make us a daily profit on the markets. Generally, we think everyone needs to use an auto-trading robot because it is designed to do the work for you. When they were first introduced in the markets, everyone became seasoned crypto traders because the hassle and confusion weren\'t there anymore. We wanted to take our time to review Bitcoin Up so that you can make an informed decision about your investments. From the positive testimonials we read, we knew we wanted to learn more about it and see how it worked. What\'s Bitcoin Up? Bitcoin Up is a crypto auto-trading platform. It performs the live trades for you and can assess the market to determine the best deals for you. Of course, you\'ve got to be a member, so you need an account with funds. Story continues How Does It Work? Our review of Bitcoin Up was exhaustive. The process required us to use every feature and know that everything worked. With software engineers, business analysts, and crypto traders on the team, we all had a say in what we saw. Everyone was quite happy with the results. In fact, Bitcoin Up is a superb cryptocurrency auto-trading platform and can make people rich quickly. We are happy about this because more auto trading robots need to be on the market that is good. The goal is to help others gain financial freedom by being legitimate and helpful. Since Bitcoin Up uses AI and Machine Learning, the robots can assess the markets and start/finish trades for the user. You don\'t have any stress while earning a passive income from home. Try Bitcoin Up Free Today How to Use It We went through each of the steps we list below to make sure that it was going to be easy enough for anyone to do it. Just open your Bitcoin Up account, make your deposit, and then choose automated live trades. The robots take over to trade for you. When the session ends, we ended up with our capital and some profits. When you join and fund the account, you can then make trades on Bitcoin Up. The lowest deposit option for this software is $250, though you can add up to $15,000 in one go. Consider the steps that we list and followed when we tested Bitcoin Up: Register The first step is to create an account on Bitcoin Up. The process was fast because you only need a phone number, email address, and name. Of course, you also create a password or let the site do it for you. Demo Trades There is a demo trade feature on Bitcoin Up, which is excellent news. Crypto auto-trading platforms should provide a demo feature because that shows they are transparent. When you can see how the process works, you are more comfortable adding funds and taking on real trades (or letting the robot do it for you). The whole thing was flawless and enjoyable. Transferring Funds Before you can start live trades, you need to deposit your capital into the Bitcoin Up account. When we did this, there were many payment choices, such as Visa, Skrill, PayPal, and MasterCard. Since they\'re popular and offer many currency options, almost anyone in the world can use Bitcoin Up. We just transferred the base amount of $250. We feel that new investors should really start with the lowest investment choice. That way, they don\'t risk too much and can grow their capital. We do encourage each investor to try out the demo trading feature. It\'s so easy to use. Of course, there\'s a lot of information to gather here, and you\'re going to understand auto-trading much more when you\'re finished and ready for live trades. Live Trading We initially thought it would be hard to do the live trades, but it wasn\'t! In a sense, we just clicked to activate the robot, and the trades started for us. First, the robots had to scan the crypto market to find the best deals. This was done within seconds. When it found one, the system completed everything for us using our Bitcoin Up funds. It was quick, effortless, and perfect. Important Bitcoin Up Features Payouts We feel that the payout system is accurate and transparent. The company calculates it minus the fee, and you get your funds in your account right after the session has ended. Verification You do have to submit your account details to get them verified, but the process is automatic and fast. This is essential to make sure that everything is right and correct. Withdrawals No system is going to be any good if it doesn\'t allow you to withdraw your earnings. You can do so easily with Bitcoin Up. In fact, we got our money into our bank account 24 hours after we requested it. Everything is straightforward and easy to understand, too. Service Charge There is a service charge, which is a percentage taken from your profit immediately after the live session ends. However, that is the only one on the platform and seems legitimate to us. Customer Service We don\'t think you\'re going to have questions or problems, but you can contact someone from the staff 24/7. The team is excited about Bitcoin Up. We feel that it can be hard to understand protocols for cryptocurrency, but you don\'t need to when you use this software. You can get rich without any effort and let the robots do the work for you. Beginners might benefit from these helpful tips: Invest Smaller Amounts It\'s often best to invest a minimum of $250 at first. That way, you can learn more about the system while the money multiplies. It only took us a few days to triple that minimum amount, so you\'re going to see returns quickly. Withdraw Make sure that you\'re withdrawing your earnings after each live trade session. You can also save some to reinvest. Follow the Trends You\'re probably interested in the cryptocurrency market, so you should follow the trends. Since you are an investor now, it\'s helpful to know what\'s going on. Don\x92t Over-Invest Make sure that you\x92re not investing money that needs to go toward bills or is part of your life savings. There is a risk of losing the investment, and you don\x92t want to find yourself in financial hardship. Is there an app for Bitcoin Up? No, we couldn\x92t find a mobile app for phones and other devices. However, you don\x92t need it. The auto trading platform is accessible from a browser, which is on smartphones and laptops. The Verdict We were completely satisfied while using Bitcoin Up and find that it was an excellent experience. Therefore, we\'re recommending it to those who desire to earn a passive income and get rich. Bitcoin Up works well, and we tested every feature. We also used the live trade, made profits, and withdrew the earnings all without issue. The simple system is easy to use and impressive. Just spend a little bit of time at your computer, and you can earn money. >> Open an Account Today << FAQs Though we covered a lot in the review, here are a few questions we often get asked about. What\'s the success rate for Bitcoin Up? We spent a lot of time analyzing Bitcoin Up, and we can say the success rate is high for the transactions you make here. Have any celebrities endorsed Bitcoin Up? No, we found no information indicating that celebrities have used or endorsed this auto-trading platform. Still, we feel that some auto-traders use this as a gimmick to get you to use the system, so we aren\'t worried that Bitcoin Up doesn\'t have this. Can I withdraw everything in crypto? No, the earnings you make are first converted into your local currency and then sent to your bank. Is Bitcoin Up safe? Yes, we have confirmed that any communications on the site and data entered into the platform are secure and encrypted for your protection. Who should use Bitcoin Up? Anyone can use it, regardless of whether they have ever traded or not. Professional traders like the manual mode and the fact that everything is streamlined and analysis is completed for you. Beginners prefer automation so that they don\'t have to understand much about online trading before entering the market. >> Open A Free Bitcoin Up Account Today! << About CCP Marketing CCP Marketing offers a low-cost alternative by providing you with fully trained marketing professionals. Contact CCP Marketing at [email protected]. Contact Company: Bitcoin Up Website: bitcoin-up.live Email: [email protected] Phone: 0610099366 This review is for informational purposes only. The information does not constitute advice or an offer to buy. Any purchase done from this story is done at your own risk. Any purchase done from this link is subject to the final terms and conditions of the website that is selling. The content on this release does not take any responsibility directly or indirectly. For inquiries for press releases, feel free to Contact KISS PR Sales and Support desk . This news has been published fo **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: 2020-12-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $422,107,246,156 - Hash Rate: 132718173.16882376 - Transaction Count: 324163.0 - Unique Addresses: 738842.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After running a year-long test, Digital Asset Investment Management (DAiM), a U.S.-based crypto investment adviser, has launched what it says are the first company-sponsored retirement plans supporting bitcoin. DAiM will serve as an adviser and fiduciary while helping companies create a 401(k) plan that allows a maximum allocation of up to 10% inbitcoinalongside varying degrees of exposure to traditional assets, according to anannouncementThursday. Cryptocurrency associated with the Employee Retirement Income Security Act (ERISA)-compliant plans will be held in New York-regulated Gemini Trust’s cold storage custody. Related:Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B “From the moment we were approved by the State of California in June 2018, we’ve seen incredible inbound demand from individuals eager to invest bitcoin in 401(k)s,” DAiM said in the announcement, adding that conventional plans’ inability to keep up with inflation is a bad deal for savers. Individuals can choose to take a bigger exposure to bitcoin following a consultation with DAiM and will be able to transfer pension bitcoins in the event of a job switch. Companies can switch to the bitcoin plans from their current provider if desired. Firms interested in offering the new product to employees in 2021 need to put the plan in place by mid-December 2020, DAiM said. Also read:Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation Related:10 Metrics Where Bitcoin Has Already Hit New All-Time Highs “We believe [b]itcoin has demonstrated it has a place in the modern portfolio and individuals should have an opportunity to ‘Get Off Zero’ and invest directly through their retirement account,” the company said. Bitcoin has received validation as an inflation-hedge and reserve asset from severalpublic companiesandprominent investorsthis year. • US Firm Launches Company-Sponsored Bitcoin Retirement Plans • US Firm Launches Company-Sponsored Bitcoin Retirement Plans... - Reddit Posts (Sample): []... 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:** ['Quote To Start The Day:During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting.\nSource:Elon Musk\nOne Big Thing In Fintech:Jack Miller, head of trading at Baird, expects innovation to continue in US equity markets after new exchanges launched this year, new order types were approved and the US Securities and Exchange Commission adopted plans to modernize the market data infrastructure.\nSource:Traders Magazine\nOther Key Fintech Developments:\n• PEAK6boughtHardcastle Trading.\n• Fidelity Nationaltappedfor merger.\n• Fintech trends VCs aremonitoring.\n• Bitfinex toadda ETH/BTC contract.\n• FTXlistedCoinbase pre-IPO future.\n• Meemolaunchingdigital gift cards.\n• Finantierentersinto Y Combinator.\n• Fintech expert on BTCpredictions.\n• Fintech isdrivinggrowth in banking.\n• Brexit toturnLondon into DeFi hub.\n• SECaddsRipple suit, tokenhalting.\n• Goldmantestingout Marcus Invest.\n• Switzerland CBexpandscrypto trial.\nWatch Out For This:Zoom has been one of the technology high-performers for 2020, supporting the way people communicate and stay in touch around the world in this pandemic-hit climate. But the company now valued at US$100 billion could see all its forward momentum crushed by allegations that it cooperated with the Chinese government to monitor and to, in some cases, interfere with users’ video calls.\nSource:TechWire\nInteresting Reads:\n• What sitesneedto win local leads.\n• Schwab wasfinedover its security.\n• Startupslostin the 2020 pandemic.\n• FDAsentWhole Foods a warning.\n• Hunger, food insecurity notequals.\n• Zoom is beingprobedby the SEC.\n• Stimulustakeson illegal streaming.\n• Kevin O’Leary on marketingtrends.\n• CMC’s founderjoininggovernment.\n• Substack on its contentmoderation.\n• Traditional-, digital-assetbehaviors.\nMarket Moving Headline:The landscape for big tech companies is growing more challenging. Recent U.S. congressional reports have signaled bipartisan agreement on some new antitrust regulations —a development that, while no sure thing, some industry observers think could end up strengthening antitrust enforcement in possibly narrow but consequential ways. But the fact is, regulation isn’t likely to dethrone America’s top tech companies. Let’s remember: rapid change at the top is the way it works in the technology industry.\nSource:Harvard Business Review\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Meet Delta 9 Cannabis, A 2020 Benzinga Small Cap Conference Participant\n• Fintech Focus For December 22, 2020\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Fintech Header Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird, expects innovation to continue in US equity markets after new exchanges launched this year, new order types were approved and the US Securities and Exchange Commission adopted plans to modernize the market data infrastructure. Source: Traders Magazine Other Key Fintech Developments: PEAK6 bought Hardcastle Trading. Fidelity National tapped for merger. Fintech trends VCs are monitoring . Bitfinex to add a ETH/BTC contract. FTX listed Coinbase pre-IPO future. Meemo launching digital gift cards. Finantier enters into Y Combinator. Fintech expert on BTC predictions . Fintech is driving growth in banking. Brexit to turn London into DeFi hub. SEC adds Ripple suit, token halting . Goldman testing out Marcus Invest. Switzerland CB expands crypto trial. Watch Out For This: Zoom has been one of the technology high-performers for 2020, supporting the way people communicate and stay in touch around the world in this pandemic-hit climate. But the company now valued at US$100 billion could see all its forward momentum crushed by allegations that it cooperated with the Chinese government to monitor and to, in some cases, interfere with users’ video calls. Source: TechWire Interesting Reads: What sites need to win local leads. Schwab was fined over its security. Startups lost in the 2020 pandemic. FDA sent Whole Foods a warning. Hunger, food insecurity not equals . Zoom is being probed by the SEC. Stimulus takes on illegal streaming. Kevin O’Leary on marketing trends . CMC’s founder joining government. Substack on its content moderation . Traditional-, digital-asset behaviors . Market Moving Headline: The landscape for big tech companies is growing more challenging. Recent U.S. congressional reports have signaled bipartisan agreement on some new antitrust regulations —a development that, while no sure thing, some industry observers think could end up strengthening antitrust enforcement in possibly narrow but consequential ways. But the fact is, regulation isn’t likely to dethrone America’s top tech companies. Let’s remember: rapid change at the top is the way it works in the technology industry. Story continues Source: Harvard Business Review See more from Benzinga Click here for options trades from Benzinga Meet Delta 9 Cannabis, A 2020 Benzinga Small Cap Conference Participant Fintech Focus For December 22, 2020 © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin , BTC to USD, rallied by 4.82% on Tuesday. Reversing a 3.05% fall from Monday, Bitcoin ended the day at $23,805.9. It was another mixed start to the day. Bitcoin fell to a late morning intraday low $22,348.0 before making a move. Steering clear of the first major support level at $21,705, Bitcoin rallied to a late intraday high $23,812.0. Falling short of the first major resistance level at $23.898, Bitcoin eased back to end the day at $23,805 levels. The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,733 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Bitcoin Cash SV (-2.29%), Crypto.com Coin (-2.11%), and Ripple’s XRP (-13.20%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors. Litecoin rallied by 9.40% to lead the way. Binance Coin (+4.56%), Chainlink (+3.95%), and Ethereum (+4.73%) also found strong support. Cardano’s ADA (+2.36%), and Polkadot (+0.85%) trailed the front runners on the day. At the start of the week, the crypto total market cap rose to a Monday high $671.47bn before sliding to a low $601.73bn. At the time of writing, the total market cap stood at $648.64bn. Bitcoin’s dominance rose from a Monday low 66.74% to a Tuesday high of 68.36%. At the time of writing, Bitcoin’s dominance stood at 68.18%. This Morning At the time of writing, Bitcoin was down by 0.13% to $23,774.0. A mixed start to the day saw Bitcoin fall to an early morning low $23,691.0 before rising to a high $23,853.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+1.76%), Bitcoin Cash SV (+2.62%), Cardano’s ADA (+0.18%), and Polkadot (+0.28%) found early support. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Ripple’s XRP was down by 5.42% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $23,322 to bring the first major resistance level at $24,296 into play. Support from the broader market would be needed for Bitcoin to break back through to $24,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $24,500 before any pullback. The second major resistance level sits at $24,786. Failure to avoid a fall through the $23,322 pivot would bring the first major support level at $22,832 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$22,000 levels. The second major support level sits at $21,858. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Break 50 Day EMA Natural Gas Price Prediction – Prices Rise Ahead of Inventory Report Crude Oil Price Forecast – Crude Oil Markets Pull Back Silver Price Forecast – Silver Markets Choppy During Holiday Trading Gold Price Prediction – Prices Drop as the Dollar Gains Traction USD/CAD Daily Forecast – Resistance At 1.2955 In Sight', 'Bitcoin , BTC to USD, rallied by 4.82% on Tuesday. Reversing a 3.05% fall from Monday, Bitcoin ended the day at $23,805.9. It was another mixed start to the day. Bitcoin fell to a late morning intraday low $22,348.0 before making a move. Steering clear of the first major support level at $21,705, Bitcoin rallied to a late intraday high $23,812.0. Falling short of the first major resistance level at $23.898, Bitcoin eased back to end the day at $23,805 levels. The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,733 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Bitcoin Cash SV (-2.29%), Crypto.com Coin (-2.11%), and Ripple’s XRP (-13.20%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors. Litecoin rallied by 9.40% to lead the way. Binance Coin (+4.56%), Chainlink (+3.95%), and Ethereum (+4.73%) also found strong support. Cardano’s ADA (+2.36%), and Polkadot (+0.85%) trailed the front runners on the day. At the start of the week, the crypto total market cap rose to a Monday high $671.47bn before sliding to a low **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: 2020-12-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $422,107,246,156 - Hash Rate: 142927263.41257942 - Transaction Count: 338463.0 - Unique Addresses: 782736.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The major US indices were down on Tuesday but the smallcap Russell 200 bucked the trend. Most sectors in the S&P 500 index were lower, led down to Utilities and Healthcare. Energy and Material outperformed. The dollar continued to move lower on Tuesday helping oil prices which in turn help the energy sector gain traction. Bitcoin prices also continued to break out. The Fed was on the tape saying that they will keep rates low for the foreseeable future. Judy Shelton, President Trump’s candidate for the Federal Reserve, was rejected by the Senate on Tuesday. Here feeling that the President and Congress should have greater sway on Fed decisions, eroding its independence hampered her candidacy. Retail sales came in weaker than expected as the decline in stimulus weighed on spending. US import prices also came in weaker than expected showing that inflation remains tame. US retail sales increased less than expected in October according to the Commerce Department. Retail sales rose 0.3% last month, compared to expectations that they would increase by 0.5%. Data for September was revised down to show sales surging 1.6% instead of shooting up 1.9% as previously reported. Excluding automobiles, gasoline, building materials and food services, retail sales nudged up 0.1% after a downwardly revised 0.9% increase in September. US import prices declined in October as oil and gasoline prices declined. According to the Labor Department, import prices dipped 0.1% last month. Data for September was revised down to show import prices gaining 0.2% instead of rising 0.3% as previously reported. Expectations had been for import prices, to rise by 0.2% in October. Year over year import prices fell 1.0% after declining by 1.4% in September. Thisarticlewas originally posted on FX Empire • European Equities: Brexit and Capitol Hill in Focus, with an Eye on COVID-19 Numbers • E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3587.25, Weakens Under 3571.75 • Tesla Breaks Triangle Resistance After S&P-500 News • USD/CAD Daily Forecast – Attempt To Settle Above 1.3100 • Natural Gas Price Prediction – Prices Slip, but Hold Support Despite Warmer Weather Forecast • Natural Gas Price Forecast – Natural Gas Markets Trying to Stabilize... - Reddit Posts (Sample): []... 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:** ['Digital asset manager Grayscale Investments reached $16.4 billion in assets under management (AUM), up from the $13 billion the firmannouncedlast week.\n• Datatweetedby the firm showed its largest holdings remain inbitcoin, with the Grayscale Bitcoin Trust having $14.1 billion in the top crypto asset. The firm’s Ethereum Trust now has $1.81 billion inetherAUM.\n• Grayscale also has trusts forlitecoin($125.0 million),bitcoin cash($70.7 million),ethereum classic($67.7 million) and others with less significant holdings includingXRP,XLMandzcash.\n• New York-basedGrayscaleis owned by Digital Currency Group, the parent company of CoinDesk.\nRead also:SkyBridge’s Scaramucci Sees Bitcoin Rally in ‘First Inning’\n• Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago\n• Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago\n• Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago\n• Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago', 'Digital asset manager Grayscale Investments reached $16.4 billion in assets under management (AUM), up from the $13 billion the firm announced last week. Data tweeted by the firm showed its largest holdings remain in bitcoin , with the Grayscale Bitcoin Trust having $14.1 billion in the top crypto asset. The firm\x92s Ethereum Trust now has $1.81 billion in ether AUM. Grayscale also has trusts for litecoin ($125.0 million), bitcoin cash ($70.7 million), ethereum classic ($67.7 million) and others with less significant holdings including XRP , XLM and zcash . New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk. Read also: SkyBridge\x92s Scaramucci Sees Bitcoin Rally in \x91First Inning\x92 Related Stories Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago View comments', "VANCOUVER, BC / ACCESSWIRE / December 24, 2020 / HIVE Blockchain Technologies Ltd. (TSX.V:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the &ldquo;Company&rdquo; or &ldquo;HIVE&rdquo;) is pleased to announce, subject to regulatory approval, that it intends to complete a non-brokered private placement (the &ldquo; Transaction &rdquo;) of unsecured debentures (the &ldquo; Debentures &rdquo;), for aggregate gross proceeds of USD$15,000,000 with U.S. Global Investors, Inc. (&ldquo; U.S. Global &rdquo;). The Debentures will mature on the date that is 60 months from the date of issuance, bearing interest at a rate of 8% per annum. The Debentures will be issued at par, with each Debenture being redeemable by HIVE at any time, and convertible at the option of the holder into common shares (each, a &ldquo; Share &rdquo;) in the capital of the Company at a conversion price of CAD$3.00 per Share. Interest will be payable monthly and principal will be payable quarterly. In addition, U.S. Global will be issued 5.0 million common share purchase warrants (the &ldquo; Warrants &rdquo;). Each whole Warrant will entitle U.S. Global to acquire one common at an exercise price of CAD$3.00 per Share for a period of three years from closing. The Company intends to use the proceeds from the Transaction for general corporate purposes and working capital. Mr. Frank Holmes, Interim Executive Chairman of HIVE, commented, &ldquo;The Transaction is an excellent opportunity for HIVE to enhance liquidity, maintain momentum and deploy capital into additional miners and infrastructure. U.S. Global has recently sold shares of HIVE in order to redeploy capital back into HIVE. No shares have been sold by me personally. The purchase of an 8% debt instrument by U.S. Global is consistent with its investment criteria and assists HIVE by providing working capital for its growth strategy. The financing is being completed without the usual 6% broker fees, and the cost of capital is much less than the 16% cost of capital associated with leasing equipment for crypto mining.&rdquo; Story continues The issuance of the Debentures is subject to TSX Venture Exchange approval and is expected to close on or about December 31, 2020. The issuance of the Debentures to U.S. Global Investors, Inc. is considered a related party transaction within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (&ldquo; MI 61-101 &rdquo;) as Frank Holmes, Interim Executive Chairman of HIVE is a director, officer and controlling shareholder of U.S. Global Investors, Inc. HIVE intends to rely on the exemptions from the formal valuation and minority approval in sections 5.5(b) and 5.7(1)(a) of MI 61-101 in respect of the Company not listed on specific markets and the Transaction fair market value not exceeding 25% of the Company's market capitalization. The Transaction was approved by the independent directors of HIVE and U.S. Global Investors, Inc. The Company expects to file a material change report in respect of the related party transaction less than twenty-one days prior to the closing of the Transaction, which the Company deems reasonable in the circumstances as the details of the Transaction and the participation by U.S. Global Investors, Inc. were not settled until shortly before the expected closing of the Transaction and the Company wished to complete the Transaction in an expeditious manner. About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns state-of-the-art green energy-powered data centre facilities in Canada, Sweden, and Iceland which produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. Our deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins. For more information and to register to HIVE's mailing list, please visit www.HIVEblockchain.com . Follow @HIVEblockchain on Twitter and subscribe to HIVE's YouTube channel . On Behalf of HIVE Blockchain Technologies Ltd. &ldquo;Frank Holmes&rdquo; Interim Executive Chairman For further information please contact: Frank Holmes Tel: (604) 664-1078 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Forward-Looking Information Except for the statements of historical fact, this news release contains &ldquo;forward-looking information&rdquo; within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The information in this news release about future plans and objectives of the Company, are forward-looking information; and the intentions, plans and future actions of the Company, including the intention to complete the Offering and the expected expenditure of the proceeds of the Offering, and the Company's objectives, goals or future plans as well as the Company's ability to successfully mine digital currency, the construction and operation of expanded blockchain infrastructure, and the regulatory environment of cryptocurrency in the United States and other jurisdictions where the Company may operate . This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the COVID 19 crisis; the transaction described in this news release may not occur on the terms as proposed and described herein or at all and, if such transaction is completed, the cryptocurrency operation may not meet expected performance levels for one or more reasons; the proposed transaction may not have a positive impact on HIVE's revenues, or gross mining margin; the impact of new electrical power rates which could impair profitability and operating performance; the operation of the acquired assets may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; the volatility of digital currency prices; the Company may never realize more efficient operations, a lower cost structure, or greater flexibility in operation; risks relating to the global economic climate; dilution; and other related risks as more fully set out in the Management's Discussion and Analysis of Financial Condition and Results of Operations for the year ended March 31, 2020, and other documents disclosed under the Company's filings at www.sedar.com . The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accord **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: 2020-12-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $425,949,198,919 - Hash Rate: 116940488.24665588 - Transaction Count: 269559.0 - Unique Addresses: 639280.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.86 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Apple reported weaker iPhone sales than Wall Street expected for its most recent quarter, but CEO Tim Cook said demand was strong in recent weeks for new models. Overall sales atApplerose 1% to $64.7 billion for the quarter ended September 30,a little better than analysts forecast. But that included weaker-than-expected iPhone sales of just $26.4 billion, down 21% from last year. Booming sales of laptops and iPads for stuck-at-home workers and students made up the difference. Profits of 73 cents per share were 3 cents better than the average analyst forecast. Apple’s stock price, which has already risen 57% so far this year, lost 5% in after-market trading. In a call with analysts, Cook and Apple CFO Luca Maestri tried to explain that the iPhone shortfall was only a temporary blip. Because COVID-19 forced some factories in Asiato shut down earlier this year, Apple’s new line of iPhones didn’t go on sale until mid-October, missing the usual mid-September debut. “We’re very bullish on this cycle,” Cook said, noting that the new iPhone 12 family is the first from Applewith 5G capabilityand many wireless carriers are making generous trade-in offers. “It is the strongest line up we’ve ever had by far…we are off to a great start.” The new $800 iPhone 12 and $1,000 iPhone 12 Pro went on sale on October 23. The $700 iPhone 12 Mini and $1,100 iPhone Pro Max will be available for pre-order on November 6, with sales starting on November 13. “We just started shipping iPhone 12 and iPhone 12 Pro and we’re off to a great start,” CFO Luca Maestri told analysts on the call. “Given the tremendously positive response, we expect iPhone (sales) to grow during the December quarter (compared to a year ago).” Apple sold $56 billion of iPhones in the holiday quarter last year. But Apple did not give specific guidance about how much total revenue it might bring in for the holiday quarter. The company used to offer analysts a revenue range but stopped in the middle of this year, citing the complications and unpredictability of the pandemic. Cook was also asked about the possible impact on Apple fromthe Google antitrust casefiled by the Justice Department last week. The government accusedGoogleof using illegal means to expand its search ad business by paying Apple to be exclusive search provider on the iPhone. The payments constitute 15% to 20% of Apple’s annual profits, according to the lawsuit. Cook pointed to Apple’s growing revenue from a variety of other services, like Apple Music and iPhone app sales, which in theory could offset some or all of the revenue Google currently provides. “There’s a lot of room there and potential there,” Cook said. “I have no idea how the DOJ suit will go but it’s a long way from a conclusion.” • Thebest smartwatchesof 2020 • Microsoft’s cloud could be a bit foggy for the next quarter • Uber’s former CTO is mapping out growth and delivery routesin his new gig • Coinbase launchescrypto debit cardin U.S. with 1% Bitcoin reward • Bitcoin can’t help the unbanked,MastercardCEO says This story was originally featured onFortune.com... - 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 , BTC to USD, rose by 2.31% on Thursday. Reversing most of Wednesday’s 2.50% fall, Bitcoin ended the day at $23,743.5. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $22,701.0 before making a move. Steering clear of the first major support level at $22,527, Bitcoin rallied to a final hour intraday high $23,790.0. Falling short of the first major resistance level at $24,016, Bitcoin eased back to end the day at $23,740 levels. The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,733 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Crypto.com Coin slid by 5.12% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ripple’s XRP surged by 29.65% to lead the way. Cardano’s ADA (+11.78%) and Litecoin (+8.53%) also found strong support. Binance Coin (+4.15%), Bitcoin Cash SV (+3.85%), Chainlink (+5.17%), Ethereum (+4.60%), and Polkadot (+6.11%) trailed the front runners, however. In the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Wednesday low $590.85bn. At the time of writing, the total market cap stood at $635.77bn. Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 69.01%. This Morning At the time of writing, Bitcoin was down 0.39% to $23,651.0. A mixed start to the day saw Bitcoin rise to an early morning high $23,831.0 before falling to a low $23,567.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. Bitcoin Cash SV (+0.67%), Cardano’s ADA (+0.94%), Crypto.com Coin (+3.96%), and Polkadot (+0.42%) found early support to buck the trend early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 0.72% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $23,412 to bring the first major resistance level at $24,122 into play. Support from the broader market would be needed for Bitcoin to break back through to $24,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $24,500 before any pullback. The second major resistance level sits at $24,501. Failure to avoid a fall through the $23,412 pivot would bring the first major support level at $23,033 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$23,000 levels. The second major support level sits at $22,323. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Forecast – Gold Markets Bounce From 50 Day EMA Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 25th, 2020 USD/CAD Daily Forecast – Canadian Dollar Moves Higher Against U.S. Dollar Can Bitcoin Hit $100,000 in 2021? Regulators and the Bulls may have to Battle it out! The Crypto Daily – Movers and Shakers – December 25th, 2020 European Equities: A Week in Review – 25/12/20', 'Bitcoin , BTC to USD, rose by 2.31% on Thursday. Reversing most of Wednesday’s 2.50% fall, Bitcoin ended the day at $23,743.5. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $22,701.0 before making a move. Steering clear of the first major support level at $22,527, Bitcoin rallied to a final hour intraday high $23,790.0. Falling short of the first major resistance level at $24,016, Bitcoin eased back to end the day at $23,740 levels. The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,733 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Crypto.com Coin slid by 5.12% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ripple’s XRP surged by 29.65% to lead the way. Cardano’s ADA (+11.78%) and Litecoin (+8.53%) also found strong support. Binance Coin (+4.15%), Bitcoin Cash SV (+3.85%), Chainlink (+5.17%), Ethereum (+4.60%), and Polkadot (+6.11%) trailed the front runners, however. In the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Wednesday low $590.85bn. At the time of writing, the total market cap stood at $635.77bn. Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 69.01%. This Morning At the time of writing, Bitcoin was down 0.39% to $23,651.0. A mixed start to the day saw Bitcoin rise to an early morning high $23,831.0 before falling to a low $23,567.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. Bitcoin Cash SV (+0.67%), Cardano’s ADA (+0.94%), Crypto.com Coin (+3.96%), and Polkadot (+0.42%) found early support to buck the trend early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 0.72% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $23,412 to bring the first major resistance level at $24,122 into play. Support from the broader market would be needed for Bitcoin to break back through to $24,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $24,500 before any pullback. The second major resistance level sits at $24,501. Failure to avoid a fall through the $23,412 pivot would bring the first major support level at $23,033 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$23,000 levels. The second major support level sits at $22,323. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Forecast – Gold Markets Bounce From 50 Day EMA Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 25th, 2020 USD/CAD Daily Forecast – Canadian Dollar Moves Higher Against U.S. Dollar Can Bitcoin Hit $100,000 in 2021? Regulators and the Bulls may have to Battle it out! The Crypto Daily – Movers and Shakers – December 25th, 2020 European Equities: A Week in Review – 25/12/20', 'The Majors It was a mixed week for the European majors in the shortened week ending 24 th December 2020. German and Italian markets were closed on Thursday and Friday, with France on a shortened session on Thursday. The DAX30 and CAC40 fell by 0.32% and by 0.10% respectively, while the EuroStoxx600 rose by 0.02%. A bearish start to the week left the majors in the deep red. News of a new coronavirus strain in the UK and a lack of progress towards a Brexit deal weighed. EU member states and beyond banned UK travel in response to the news of the new strain in a bid to avoid exposure to the more virulent strain. Sentiment shifted on Tuesday, however, supporting recovery from Monday’s sell-off. Support kicked in following news of U.S lawmakers agreeing on an $892bn COVID-19 stimulus package, however. Even news of Trump’s unwillingness to sign the stimulus bill failed to sink the majors. Expectations are that a more substantial and meaningful package would provide more material support to the economic recovery. In spite of the negative news on the COVID-19 front, news of an imminent Brexit deal also delivered support for the majors. The Stats It was a quiet week on the economic calendar. Key stats included Flash Eurozone Consumer Confidence and German GfK Consumer Climate figures. For the Eurozone, the Flash Consumer Confidence Indicator rose from -17.6 to -13.9. In spite of the uptick, the indicator remained well below its long-run average of -11.2, however. From Germany, the GfK Consumer Climate Indicator fell from -6.7 to -7.3 in January. Economists had forecasted a larger decline to -8.8. A fall in income expectations weighed on the headline figure, with the latest spike in new COVID-19 cases and lockdown measures raising uncertainty. On Wednesday, finalized 3 rd quarter GDP figures from Spain had a muted impact on the majors. Spain’s economy expanded by 16.4% in the 3 rd quarter, according to finalized figures, revised down from a prelim 16.7%. In the 2 nd quarter, the economy had contracted by 17.9%, quarter-on-quarter. From the U.S Economic data was on the heavier side, with November core durable goods, personal spending, and inflation figures in focus. Weekly jobless claims figures also drew interest ahead of the holidays. In the week ending 18 th December, initial jobless claims stood at 805k, falling back from an upwardly revised 892k from the previous week. Durable goods orders were also positive, with orders rising by 0.9% in November, following a 1.8% increase in October. Core durable goods fell short of forecasts, however, rising by 0.4%. In October, core durable goods orders had increased by 1.9%. Story continues On the negative, however, was a fall in personal spending. In November, personal spending fell by 0.4%, reversing a 0.3% rise in October. Economists had forecasted a 0.2% decline. Inflation figures were market neutral in spite of falling short of forecasts. In November, the core PCE Price Index rose by 1.4%, following a 1.4% increase in October. Economists had forecasted a 1.5% increase. Other stats included finalized 3 rd quarter GDP and consumer sentiment figures together with November housing sector data. The stats had a muted impact on the European majors, however. The Market Movers From the DAX , it was a mixed week for the auto se **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: 2020-12-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $425,949,198,919 - Hash Rate: 133646272.28189243 - Transaction Count: 303901.0 - Unique Addresses: 662980.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As bitcoin continues surging toward record highs, bitcoin mining companies ride its coattails. Shares of the publicly tradedbitcoinmining companyRiot Blockchainrose 50% this week, trading hands just below $6.00 at week’s end. Bitcoin gained nearly 17% over the same period. Riot shares surged even higher in early hours Friday, reaching $6.60, a level not seen since early September 2018. Related:Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade CoinDeskreportedthat the Castle Rock, Colo.-based firm posted its lowest per share loss in Q3 since the company fully deployed its cryptocurrency mining infrastructure, over two years ago. Public mining companies like Riot that emphasize their bitcoin reserves have seen strongly positive reactions from the market, said Ethan Vera, co-founder of Seattle-based mining company Luxor Technology. “Companies that liquidate to fiat every day didn’t see as strong of gains,” he said. Riotcontinues to outperform bitcointhrough 2020, with investors enjoying a 390% year-to-date return compared to bitcoin’s 168% gain. The firm plans to continue expanding its already aggressively growing mining capacity through 2021 and beyond, reporting a 450% increase in hash power for Q3 over the same period in 2019, reaching 556 petahash per second (PH/s). Related:OKEx Mining Pool Flatlines After 99.5% Hash Power Drop as Withdrawal Suspensions Spook Clients “With the current market momentum many of the mining companies who have never broken a profit will likely report positive EBITDA heading into 2021,” Vera said. • Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs • Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rallied by 4.11% on Friday. Following on from a 2.31% gain on Thursday, Bitcoin ended the day at $24,720.1.\nIt was another mixed start to the day. Bitcoin fell to an early morning low $23,420.0 before making a move.\nSteering clear of the first major support level at $23,033, Bitcoin rallied to a late morning high $24,722.0.\nBitcoin broke through the first major resistance level at $24,122 and the second major resistance level at $24,501 before hitting reverse.\nThe reversal saw Bitcoin slide to an early afternoon intraday low $22,855.\nBitcoin fell through the first major support level at $23,033 before hitting a late intraday high and a new swing hi $24,802.0.\nThe rebound saw Bitcoin break back through the first and second major resistance levels to wrap up the day at $24,700 levels.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,946 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nChainlink(-0.29%), Polkadot (-2.20%), andRipple’s XRP(-5.94%) saw red to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nLitecoinrallied by 14.84% to lead the way.\nBitcoin Cash SV(+2.96%),Cardano’s ADA(+2.99%), andCrypto.com Coin(+3.96%) also found relatively strong support.\nBinance Coin(+2.13%) andEthereum(+2.37%) trailed the front runners, however.\nIn the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Wednesday low $590.85bn. At the time of writing, the total market cap stood at $657.72bn.\nBitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 69.49%.\nAt the time of writing, Bitcoin was down by 0.51% to $24,594.0. A mixed start to the day saw Bitcoin rise to an early morning high $24,775.0 before falling to a low $24,550.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nRipple’s XRP (-2.02%), Cardano’s ADA (-0.29%), and Litecoin (-0.12%) joined Bitcoin in the red early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was up by 2.42% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $24,126 to bring the first major resistance level at $25,396 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Friday’s high $24,802.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $26,000 before any pullback. The second major resistance level sits at $26,073.\nFailure to avoid a fall through the $24,126 pivot would bring the first major support level at $23,449 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of sub-$23,000 levels. The second major support level sits at $22,179.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Update – Strong Uptrend Overriding Weak ‘Overbought’ Oscillator Signals\n• U.S. Dollar Index (DX) Futures Technical Analysis – Trader Reaction to 90.395 Determines Short-Term Direction\n• European Equities: A Week in Review – 25/12/20\n• USD/CAD Daily Forecast – Canadian Dollar Moves Higher Against U.S. Dollar\n• Gold Weekly Price Forecast – Gold Markets Have Neutral Week\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 26th, 2020', 'Bitcoin , BTC to USD, rallied by 4.11% on Friday. Following on from a 2.31% gain on Thursday, Bitcoin ended the day at $24,720.1. It was another mixed start to the day. Bitcoin fell to an early morning low $23,420.0 before making a move. Steering clear of the first major support level at $23,033, Bitcoin rallied to a late morning high $24,722.0. Bitcoin broke through the first major resistance level at $24,122 and the second major resistance level at $24,501 before hitting reverse. The reversal saw Bitcoin slide to an early afternoon intraday low $22,855. Bitcoin fell through the first major support level at $23,033 before hitting a late intraday high and a new swing hi $24,802.0. The rebound saw Bitcoin break back through the first and second major resistance levels to wrap up the day at $24,700 levels. The near-term bullish trend remained intact, supported by the latest breakthrough to $24,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $11,946 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Chainlink (-0.29%), Polkadot (-2.20%), and Ripple’s XRP (-5.94%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Litecoin rallied by 14.84% to lead the way. Bitcoin Cash SV (+2.96%), Cardano’s ADA (+2.99%), and Crypto.com Coin (+3.96%) also found relatively strong support. Binance Coin (+2.13%) and Ethereum (+2.37%) trailed the front runners, however. In the current week, the crypto total market cap rose to a Monday high $671.50bn before sliding to a Wednesday low $590.85bn. At the time of writing, the total market cap stood at $657.72bn. Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 69.49%. This Morning At the time of writing, Bitcoin was down by 0.51% to $24,594.0. A mixed start to the day saw Bitcoin rise to an early morning high $24,775.0 before falling to a low $24,550.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Ripple’s XRP (-2.02%), Cardano’s ADA (-0.29%), and Litecoin (-0.12%) joined Bitcoin in the red early on. It was a bullish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was up by 2.42% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $24,126 to bring the first major resistance level at $25,396 into play. Support from the broader market would be needed for Bitcoin to break out from Friday’s high $24,802.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $26,000 before any pullback. The second major resistance level sits at $26,073. Failure to avoid a fall through the $24,126 pivot would bring the first major support level at $23,449 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$23,000 levels. The second major support level sits at $22,179. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Update – Strong Uptrend Overriding Weak ‘Overbought’ Oscillator Signals U.S. Dollar Index (DX) Futures Technical Analysis – Trader Reaction to 90.395 Determines Short-Term Direction European Equities: A Week in Review – 25/12/20 USD/CAD Daily Forecast – Canadian Dollar Moves Higher Against U.S. Dollar Gold Weekly Price Forecast – Gold Markets Have Neutral Week Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 26th, 2020', 'The price of bitcoin (BTC) topped $25,000 for the first time ever, a mere week after breaking $24,000 for the first time.\n• The price of the leading cryptocurrency continued its recent torrid pace, breaking $25,000 Friday night for the first time, and setting a new all-time high of $25,914.46 Saturday morning, before falling back to $25,669.62, up 6.18% on the day. Year-to-date BTC is up more than 250%.\n• Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 millionin December); MassMutual ($100 millionin December); and Guggenheim (up to 10%of its $5 billion macro fund).\nUPDATE (Dec. 26, 16:29 UTC):Adds new all-time high.\nRead more:Over $20K? Why Is Bitcoin Worth Anything at All?\n• Bitcoin Hits $25K for First Time Ever, Approaches $26K\n• Bitcoin Hits $25K for First Time Ever, Approaches $26K\n• Bitcoin Hits $25K for First Time Ever, Approaches $26K\n• Bitcoin Hits $25K for First Time Ever, Approaches $26K', 'The price of bitcoin (BTC) topped $25,000 for the first time ever, a mere week after breaking $24,000 for the first time. The price of the leading cryptocurrency continued its recent torrid pace, breaking $25,000 Friday night for the first time, and setting a new all-time high of $25,914.46 Saturday morning, before falling back to $25,669.62, up 6.18% on the day. Year-to-date BTC is up more than 250%. Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci\x92s Skybridge Capital ( $25 million in December); MassMutual ( $100 million in December); and Guggenheim ( up to 10% of its $5 billion macro fund). UPDATE (Dec. 26, 16:29 UTC): Adds new all-time high. Read more: Over $20K? Why Is Bitcoin Worth Anything at All? Related Stories Bitcoin Hits $25K for First Time Ever, Approaches $26K Bitcoin Hits $25K for First Time Ever, Approaches $26K Bitcoin Hits $25K for First Time Ever, Approaches $26K Bitcoin Hits $25K for First Time Ever, Approaches $26K', 'The price of bitcoin (BTC) topped $25,000 for the first time ever, a mere week after breaking $24,000 for the first time.\n• The price of the leading cryptocurrency continued its recent torrid pace, breaking $25,000 Friday night for the first time, and setting a new all-time high of $25,914.46 Saturday morning, before falling back to $25,669.62, up 6.18% on the day. Year-to-date BTC is up more than 250%.\n• Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 millionin December); MassMutual ($100 millionin December); and Guggenheim (up to 10%of **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: 2020-12-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $425,949,198,919 - Hash Rate: 127149578.49041158 - Transaction Count: 273954.0 - Unique Addresses: 627843.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A record 12 new SPACs filed offerings on Friday, Dec. 18. Here is a summary on the new offerings and what investors can expect. Poema Global Holdings Corp:This SPACintendsto raise $287.5 million with units that include one common share and one half of a warrant. The company is targeting the technology sector in Europe and Asia. The team includes Emmanuel DeSousa, who has over 20 years advising tech companies likeOzon Holdings(NASDAQ:OZON),eBay Inc(NASDAQ:EBAY),Alibaba Group(NYSE:BABA) andMercadoLibre(NASDAQ:MELI). Shares will trade on the Nasdaq as PPGH. Related Link:7 Current And Former SPACs That Could Be 2020 Election Plays Switchback II Corp:Thesecond SPACfrom the team behindSwitchback Energy Acquisition Corporation(NYSE:SBE) plans to raise $250 million with units that will include one fifth of a warrant. The company will focus on energy technology with a target company that can help reduce emissions. The first SPAC from the team is bringing ChargePoint, a charging infrastructure company, public. Shares of the new SPAC will trade on the NYSE as SWBK. Star Peak Corp II:Thesecond SPACfrom the team behindStar Peak Energy Transition(NYSE:STPK) is seeking a target company in the sustainability and global emission reductions market. The team has experience leading companies likeKinder Morgan Inc(NYSE:KMI) andSunnova Energy(NYSE:NOVA). The SPAC is seeking to raise $350 million. Units will include one fourth of a warrant. Shares will trade on the NYSE as STPC. Ivanhoe Capital Acquisition Corp:Robert Friedland, founder and Chairman of Ivanhoe Capital and Co-Chair ofIvanhoe Mines(OTC:IVPAF) isseekingto raise $200 million with this SPAC that will trade as IVAN on the NYSE. Units will include one third of a warrant. The company is targeting a company in the electrification market that could be a mining company, electric vehicle, battery or energy storage company. Crucible Acquisition Corp:Targeting software technology companies, this SPAC isseekingto raise $200 million with warrants that will include one third of a warrant. Shares will trade as CRU on the NYSE. Venture Capitalist Brad Feld is the Chairman of the SPAC with his firm Foundry Crucible notable for early investments in companies likeFitbit Inc(NYSE:FIT) andZynga Inc(NASDAQ:ZNGA). Locust Walk Acquisition Corp:Targetingthe health care industry, this $130 million SPAC will focus specifically on companies in the life sciences field in the United States and Europe. The units will include one third of a warrant. Common shares will trade as LWAC on the Nasdaq. VectoIQ Acquisition Corp II:Thesecond SPACfrom the team that broughtNikola Corporation(NASDAQ:NKLA) public will be coming soon. The SPAC is seeking to raise $300 million with units that will include one third of a warrant. The SPAC is targeting a company in the industrial technology, transportation or smart mobility sectors. Several formerGeneral Motors Corporation(NYSE:GM) executives are attached to the SPAC. Shares will trade as VTIQ on the Nasdaq. Bright Lights Acquisition Corp:Targetingthe consumer products, media, entertainment and sports sectors, this SPAC is seeking to raise $200 million. Units will include one half of a warrant. Common shares will trade as BLTS on the Nasdaq. The company has leaders that worked with companies like Dick Clark Productions, MGM, TV Guide Network, Six Flags, News Corporation andWalt Disney Company(NYSE:DIS). One of the leaders in this SPAC launched Celebrands in 2020 to target early-stage celebrity consumer brand partnerships. The company helped sell Aviation Gin, a spirits brand from Ryan Reynolds, toDiageo(NYSE:DEO). The team also founded Mosaic Media Group, a talent agency that works with Will Ferrell, Jim Carrey and Green Day. Grammy-winning musician Ciara is a member of the SPAC’s Board of Directors. Rotor Acquisition Corp:This SPAC isseekingto raise $200 million with units that will include on half of a warrant. Common shares will trade as ROT on the NYSE. Prospector Capital Corp:Seekinga target in the communications, apps and services, cloud, artificial intelligence, machine learning, augmented reality or virtual reality, Prospector capital is seeking to raise $250 million. Units will include one third of a warrant. Common shares will trade as PRSR on the Nasdaq. Derek Aberle, who leads the SPAC, spent over 17 years atQualcomm Incorporated(NASDAQ:QCOM). During his time there the company went from $32 million in annual revenue to $25 billion. Global Synergy Acquisition Corp:TargetingIT services and business process outsourcing, this SPAC is seeking to raise $225 million. Units will include one half of a warrant. Common shares will trade as GSAQ on the Nasdaq. One member of the executive team has over 30 years working in the sector at companies like Dell,International Business Machines(NYSE:IBM) and Wipro. Healthcare Capital Corp:This SPAC isseekingto raise $200 million with units that will include one half of a warrant. Common shares will trade as HCCC on the Nasdaq. The SPAC is targeting the telehealth, life sciences, innovative medical devices and health care technology markets for an acquisition. See more from Benzinga • Click here for options trades from Benzinga • Could Sports Fans Save Barnes & Noble Education? • MicroStrategy Now Holds 70,470 Bitcoin After Spending .1B in 2020 © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): []... 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:** ['SAN FRANCISCO, CA / ACCESSWIRE / December 26, 2020 /Binance, the world\'s largest cryptocurrency exchange with Billions of USD in daily cryptocurrency trading volume - have partnered with Reef Finance in pioneering Decentralized Finance built with Polkadot.\n"Binance Launchpool, a new initiative designed to bring the decentralized finance experience to Binance users, today announced its new project, Reef Finance - a multi-chain smart yield engine and liquidity aggregator where any financial hub can integrate into."Pioneering DeFi on Polkadot: Binance Launchpool Introduces Reef Finance, Binance.com, Dec. 22, 2020.\nReef gives retail investors access to the DeFi landscape with a very low technical barrier of entry, while at the same time, it augments the decision making process based on users\' risk levels. On the heels of its latestintegration with Binance, one of the leading crypto exchanges globally by trading volume, Reef Finance is introducing its native token, REEF, to the extensive user base on the Binance platform through the Binance Launchpool. The strategic collaboration enables Binance users to take advantage of crypto purchases with fiat and trading through the Reef Finance platform in a non-custodial manner. In addition, Reef Finance is eyeing the potential offering of Binance Chain support to its users in the future.\nBinance\'s Launchpool platform was created to facilitate new digital farming for users. The project is now aiming to simplify the reward acquisition process for staking Binance Coin (BNB) and other assets on the Binance platform. During Launchpool participation, users will be able to stake their BNB, Binance USD (BUSD) or Polkadot\'s DOT tokens into separate pools to farm $REEF tokens, starting from Dec. 23, 2020, at 0:00 am UTC. Binance will then list REEF in the innovation zone on Dec. 29, 2020, at 6:00 am UTC and open two initial trading pairs in REEF/USDT and REEF/BTC, with REEF/BNB and REEF/BUSD to become available in January. Reef is also the first Launchpool project where Binance users will be able to stake their DOT tokens and earn staking rewards. To sum up, DOT holders can now farm REEF on Binance, whereas usually, one could farm with BNB, BUSD and Ether (ETH). Now with Reef, one can farm using BNB, BUSD and DOT.\nReef is positioned as a hub for DeFi and other cryptocurrency financial services on Polkadot. As a founding member of thePolkadot DeFi Alliance, it will support and grow the overall success of the ecosystem as a cross-chain solution with a cohort of members and partners, such asInterlay,EquilibriumandMoonbeam.\n"By abstracting away the complexities of using order books and learning how different protocols work, Reef gives the retail investor access to the DeFi landscape with a very low technical barrier of entry and additionally augmenting the decision making process based on the user\'s risk levels," said Denko Mancheski, founder and CEO of Reef Finance.\n"We are very excited for the upcoming Polkadot ecosystem and glad to support Reef Finance\'s progress through Launchpool," said Binance CEO and Founder Changpeng Zhao. "It\'s also great to welcome our first Polkadot ecosystem project to Binance Smart Chain."\nFor more information about Reef Finance, read the in-depth report provided by Binance Research.\nJoin our community for exciting updates:WebsiteTelegramTwitterMedium\nContact:Business Name: DeFi CodePerson Name: Kinsa DurstEmail:[email protected] Number: +1 510-980-7855\nSOURCE:DeFi Code\nView source version on accesswire.com:https://www.accesswire.com/622351/Reef-Finance-Becomes-the-Marquee-Project-in-Pioneering-Decentralized-Finance-with-Binance-the-Worlds-Largest-Cryptocurrency-Exchange', 'SAN FRANCISCO, CA / ACCESSWIRE / December 26, 2020 / Binance , the world\'s largest cryptocurrency exchange with Billions of USD in daily cryptocurrency trading volume - have partnered with Reef Finance in pioneering Decentralized Finance built with Polkadot. "Binance Launchpool, a new initiative designed to bring the decentralized finance experience to Binance users, today announced its new project, Reef Finance - a multi-chain smart yield engine and liquidity aggregator where any financial hub can integrate into." Pioneering DeFi on Polkadot: Binance Launchpool Introduces Reef Finance, Binance.com, Dec. 22, 2020 . Reef gives retail investors access to the DeFi landscape with a very low technical barrier of entry, while at the same time, it augments the decision making process based on users\' risk levels. On the heels of its latest integration with Binance , one of the leading crypto exchanges globally by trading volume, Reef Finance is introducing its native token, REEF, to the extensive user base on the Binance platform through the Binance Launchpool. The strategic collaboration enables Binance users to take advantage of crypto purchases with fiat and trading through the Reef Finance platform in a non-custodial manner. In addition, Reef Finance is eyeing the potential offering of Binance Chain support to its users in the future. Binance\'s Launchpool platform was created to facilitate new digital farming for users. The project is now aiming to simplify the reward acquisition process for staking Binance Coin ( BNB ) and other assets on the Binance platform. During Launchpool participation, users will be able to stake their BNB, Binance USD (BUSD) or Polkadot\'s DOT tokens into separate pools to farm $REEF tokens, starting from Dec. 23, 2020, at 0:00 am UTC. Binance will then list REEF in the innovation zone on Dec. 29, 2020, at 6:00 am UTC and open two initial trading pairs in REEF/USDT and REEF/BTC, with REEF/BNB and REEF/BUSD to become available in January. Reef is also the first Launchpool project where Binance users will be able to stake their DOT tokens and earn staking rewards. To sum up, DOT holders can now farm REEF on Binance, whereas usually, one could farm with BNB, BUSD and Ether ( ETH ). Now with Reef, one can farm using BNB, BUSD and DOT. Story continues Reef is positioned as a hub for DeFi and other cryptocurrency financial services on Polkadot. As a founding member of the Polkadot DeFi Alliance , it will support and grow the overall success of the ecosystem as a cross-chain solution with a cohort of members and partners, such as Interlay , Equilibrium and Moonbeam . "By abstracting away the complexities of using order books and learning how different protocols work, Reef gives the retail investor access to the DeFi landscape with a very low technical barrier of entry and additionally augmenting the decision making process based on the user\'s risk levels," said Denko Mancheski, founder and CEO of Reef Finance. "We are very excited for the upcoming Polkadot ecosystem and glad to support Reef Finance\'s progress through Launchpool," said Binance CEO and Founder Changpeng Zhao. "It\'s also great to welcome our first Polkadot ecosystem project to Binance Smart Chain." For more information about Reef Finance, read the in-depth report provided by Binance Research. Join our community for exciting updates: Website Telegram Twitter Medium Contact: Business Name: DeFi Code Person Name: Kinsa Durst Email: [email protected] Phone Number: +1 510-980-7855 SOURCE: DeFi Code View source version on accesswire.com: https://www.accesswire.com/622351/Reef-Finance-Becomes-the-Marquee-Project-in-Pioneering-Decentralized-Finance-with-Binance-the-Worlds-Largest-Cryptocurrency-Exchange', 'Bitcoin , BTC to USD, rallied by 6.85% on Saturday. Following on from a 4.11% gain on Friday, Bitcoin ended the day at $26,413.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $24,489.0 before making a move. Steering clear of the first major support level at $23,449, Bitcoin rallied to a late intraday high and a new swing hi $26,723.0. Bitcoin broke through the first major resistance level at $25,396 and the second major resistance level at $26,073. While easing back, Bitcoin avoided a fall back through the second major resistance level, holding onto the $26,000 handle through to the day end. The near-term bullish trend remained intact, supported by the latest breakthrough to $26,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $12,680 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Chainlink (-4.92%), Polkadot (-6.96%), and Ripple’s XRP (-7.60%) saw red to buck the trend on the day once more. It was a bullish day for the rest of the majors, however. Crypto.com Coin rose by 2.94% to lead the way. Binance Coin (+1.28%), Ethereum (+1.56%), and Litecoin (+1.48%) also found relatively strong support. Bitcoin Cash SV (+0.02%) and Cardano’s ADA (+0.57%) trailed the front runners, however. In the current week, the crypto total market cap slid to a Wednesday low $590.85bn before surging to a Saturday high $715.51bn. At the time of writing, the total market cap stood at $699.49bn. Bitcoin’s dominance rose from a Monday low 66.74% to a Wednesday high of 71.14%. At the time of writing, Bitcoin’s dominance stood at 71.03%. This Morning At the time of writing, Bitcoin was up by 1.07% to $26,696.0. A bullish start to the day saw Bitcoin rise from an early morning low $26,422.0 to a high $26,710.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Binance Coin (-0.48%), Chainlink (-0.85%), Polkadot (-0.43%), and Ripple’s XRP (-0.76%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Litecoin was up by 2.38% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $25,875 to bring the first major resistance level at $27,261 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $26,723.0. Barring an extended crypto rally, the first major re **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: 2020-12-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $494,884,782,094 - Hash Rate: 137358668.73416725 - Transaction Count: 309005.0 - Unique Addresses: 696527.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: GBP/USDis currently trying to settle above the nearest ressitance level at 1.3325 as the U.S. dollar continues to lose ground against a broad basket of currencies. The U.S. Dollar Index is moving towards the nearest support level at 92.10. If the U.S. Dollar Index settles below this level, it will gain downside momentum and head towards the next support level at 91.75 which will be bullish for GBP/USD. Today, foreign exchange market traders will focus on flash PMI data for November. In the UK,Manufacturing PMIis expected to decrease from 53.7 to 50.5 whileServices PMIis projected to drop from 51.4 to 42.5. The projected sharp decline in Services PMI is not surprising given the negative impact of the second lockdown. In the U.S.,Manufacturing PMIis expected to decline from 53.4 to 53 whileServices PMIis projected to decrease from 56.9 to 55.3. Analysts expect that the speed of the economic rebound in the U.S. has slowed down due to surging coronavirus. GBP/USD trading dynamics will be also influenced by any Brexit news. Negotiations between EU and UK continue, and the market believes that a compromise deal will be reached. A negative surprise on this front will put serious pressure on the British pound, while successful negotiations will likely push it towards yearly highs. GBP/USD has managed to settle above the resistance at 1.3270 and is trying to move above the next resistance level at 1.3325. If this attempt is successful, GBP/USD will head towards the next resistance at 1.3400. In case GBP/USD gets above the resistance at 1.3400, it will move towards yearly highs at 1.3485. There are no important levels between 1.3400 and 1.3485 so this move may be fast. On the support side, the previous resistance at 1.3270 will likely serve as the first support level for GBP/USD. If GBP/USD manages to settle below this level, it will gain downside momentum and head towards the next support level near the 20 EMA at 1.3210. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Gold Traders’ Morale Drops on Prevailing Mixed Signals • Williams-Sonoma’s Target Price Raised to $95 at Morgan Stanley After Earnings Beat, Forecasts $165 in Best Case • Boeing 737-MAX Set For Return To Friendly Skies • Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 23rd, 2020 • Bitcoin and Ripple’s XRP – Weekly Technical Analysis – November 23rd, 2020 • Gold Forecast – Gold Must Hold Critical Support Near $1850... - 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 , BTC to USD, fell by 0.69% on Sunday. Following a 6.85% rally on Saturday, Bitcoin ended the week up by 12.01% to $26,241.0. It was another mixed start to the day. Bitcoin fell to an early morning low $26,393.0 before making a move. Steering clear of the first major support level at $25,027, Bitcoin rallied to a late morning intraday high and a new swing hi $28,244.0. Bitcoin broke through the first major resistance level at $27,261 and the second major resistance level at $28,109. An afternoon pullback, however, saw Bitcoin slide to a late intraday low $25,813.0 before a partial recovery to $26,200 levels. In spite of the late pullback, Bitcoin steered clear of the first major support level at $25,027. The near-term bullish trend remained intact, supported by the latest breakthrough to $28,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $13,261 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Chainlink rallied by 10.52% to lead the way, with Ethereum rising by 7.42%. Bitcoin Cash SV also bucked the trend, with a 0.58% gain, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors, however. Ripple’s XRP fell by 3.76% to lead the way down. Cardano’s ADA (-2.27%), Crypto.com Coin (-3.53%), Litecoin (-1.51%), and Polkadot (-0.17%) also saw joined Bitcoin in the red. It was also a mixed week for the majors. Ripple’s XRP slid by 49% to lead the way down. Binance Coin (-2.01%), Bitcoin Cash SV (-9.80%), Cardano’s ADA (-4.50%), Chainlink (-7.13%), Crypto.com Coin (-14.58%), and Polkadot (-11.39%) also saw red. It was a bullish week for the rest of the majors, however. Litecoin rallied by 11.30% to lead the pack, with Ethereum (+7.20%) also joining Bitcoin in the green. In the week, the crypto total market cap slid to a Wednesday low $590.85bn before surging to a Sunday high $754.26bn. At the time of writing, the total market cap stood at $711.83bn. Story continues Bitcoin’s dominance rose from a Monday low 66.74% to a Sunday high of 72.06%. At the time of writing, Bitcoin’s dominance stood at 70.23%. This Morning At the time of writing, Bitcoin was up by 2.33% to $26,852.0. A mixed start to the day saw Bitcoin fall to an early morning low $26,068.1 before rising to a high $26,948.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bullish start to the day. At the time of writing, Ethereum was up by 3.36% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $26,766 to bring the first major resistance level at $27,719 into play. Support from the broader market would be needed for Bitcoin to break out from $27,500 levels. Barring an extended crypto rally, the first major resistance level and resistance at $28,000 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $29,000 before any pullback. The second major resistance level sits at $29,197. Failure to avoid a fall back through the $26,766 pivot would bring the first major support level at $25,288 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$25,000 levels. The second major support level sits at $24,335. This article was originally posted on FX Empire More From FXEMPIRE: A Light Economic Calendar Leaves COVID-19 and Capitol Hill in Focus Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 28th, 2020 Gold Price Futures (GC) Technical Analysis – Needs Strong Volume to Overtake $1894.60 Fibonacci Level USD/JPY Fundamental Weekly Forecast – Risk-On Scenario Favors Japanese Yen EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 28th, 2020 Our Hope from Santa was in Vain – Gold 1,900 Still to Gain', 'Bitcoin , BTC to USD, fell by 0.69% on Sunday. Following a 6.85% rally on Saturday, Bitcoin ended the week up by 12.01% to $26,241.0. It was another mixed start to the day. Bitcoin fell to an early morning low $26,393.0 before making a move. Steering clear of the first major support level at $25,027, Bitcoin rallied to a late morning intraday high and a new swing hi $28,244.0. Bitcoin broke through the first major resistance level at $27,261 and the second major resistance level at $28,109. An afternoon pullback, however, saw Bitcoin slide to a late intraday low $25,813.0 before a partial recovery to $26,200 levels. In spite of the late pullback, Bitcoin steered clear of the first major support level at $25,027. The near-term bullish trend remained intact, supported by the latest breakthrough to $28,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $13,261 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Chainlink rallied by 10.52% to lead the way, with Ethereum rising by 7.42%. Bitcoin Cash SV also bucked the trend, with a 0.58% gain, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors, however. Ripple’s XRP fell by 3.76% to lead the way down. Cardano’s ADA (-2.27%), Crypto.com Coin (-3.53%), Litecoin (-1.51%), and Polkadot (-0.17%) also saw joined Bitcoin in the red. It was also a mixed week for the majors. Ripple’s XRP slid by 49% to lead the way down. Binance Coin (-2.01%), Bitcoin Cash SV (-9.80%), Cardano’s ADA (-4.50%), Chainlink (-7.13%), Crypto.com Coin (-14.58%), and Polkadot (-11.39%) also saw red. It was a bullish week for the rest of the majors, however. Litecoin rallied by 11.30% to lead the pack, with Ethereum (+7.20%) also joining Bitcoin in the green. In the week, the crypto total market cap slid to a Wednesday low $590.85bn before surging to a Sunday high $754.26bn. At the time of writing, the total market cap stood at $711.83bn. Story continues Bitcoin’s dominance rose from a Monday low 66.74% to a Sunday high of 72.06%. At the time of writing, Bitcoin’s dominance stood at 70.23%. This Morning At the time of writing, Bitcoin was up by 2.33% to $26,852.0. A mixed start to the day saw Bitcoin fall to an early morning low $26,068.1 before rising to a high $26,948.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bullish start to the day. At the time of writing, Ethereum was up by 3.36% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $26,766 to bring the first major resistance level at $27,719 into play. Support from the broader market would be needed for Bitcoin to break out from $27,500 levels. Barring an extended crypto rally, the first major resistance level and resistance at $28,000 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $29,000 before any pullback. The second major resistance level sits at $29,197. Failure to avoid a fall back through the $26,766 pivot would bring the first major support level at $25,288 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$25,000 levels. The second major support level sits at $24,335. This article was originally posted on FX Empire More From FXEMPIRE: A Light Economic Calendar Leaves COVID-19 and Capitol Hill in Focus Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 28th, 2020 Gold Price Futures (GC) Technical Analysis – Needs Strong Volume to Overtake $1894.60 Fibonacci Level USD/JPY Fundamental Weekly Forecast – Risk-On Scenario Favors Japanese Yen EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 28th, 2020 Our Hope from Santa was in Vain – Gold 1,900 Still to Gain', 'By Danilo Masoni and Hideyuki Sano\nMILAN/TOKYO (Reuters) - Global shares rose and the dollar softened on Monday after U.S. President Donald Trump signed a $2.3 trillion spending package and as investors continued to celebrate a last-minute trade deal clinched between Britain and the European Union.\nBy backing down from his earlier threat to block the bipartisan bill, Trump allowed millions of Americans to continue receiving unemployment benefits and averted a federal government shutdown.\n"As the coronavirus pandemic has shown little sign of abating, the emergency aid was needed to avoid a sharp slowdown in the economy during the first quarter," said Nobuhiko Kuramochi, market strategist at Mizuho Securities.\n"It would have been unsettling if we hadn\'t had it by the end of year," he added.\nThe MSCI world index, which tracks shares in 49 nations, rose 0.3% by 0907 GMT, boosted by strong opening gains in Europe and a positive session in Asia overnight, although trading was thinner due to the festive period.\nThe euro STOXX index rose 0.9% in the first trading session after London and Brussels signed an eleventh hour deal on Thursday evening that preserves zero tariff access to each other\'s markets.\nThe British market was closed for the Boxing Day holiday.\n"We can finally move on from the Brexit drama," said Win Thin, global head of currency strategy at Brown Brothers Harriman.\n"After the last-minute deal was struck last week, the UK parliament will vote on the deal Wednesday. With (opposition party) Labour promising its support, it should pass handily," he added.\nU.S. S&P futures rose 0.6% in their first trade after the Christmas holiday, edging near a record touched last week.\nEarlier Japan\'s Nikkei advanced 0.7% and China stocks also rose, helped by strong industrial profit data. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.1%.\nThe rollouts of COVID-19 vaccines were also bolstering hopes of more economic normalisation next year, with Europe launching a mass vaccination drive on Sunday.\nThat for now has offset alarm over a new, highly infectious variant of the virus that has been raging in England and was confirmed in many other countries, including Japan, France and Canada, over the week **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: 2020-12-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $494,884,782,094 - Hash Rate: 147938033.9968089 - Transaction Count: 308983.0 - Unique Addresses: 717073.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.92 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: PayPal Holdings Inc (NASDAQ: PYPL ) and Square Inc (NYSE: SQ ) foray into the cryptocurrency space is fueling Bitcoin’s upward movement, according to Pantera Capital, an investment firm focused on digital currency and blockchain technology. What Happened: The investment firm analyzed the current Bitcoin rally — looking at numbers from itBit, the cryptocurrency exchange run by Paxos — the partner of PayPal. “When PayPal went live, volume started exploding. The increase in itBit volume implies that within four weeks of going live, PayPal is already buying almost 70% of the new supply of bitcoins,” wrote Pantera Capital. The investment firm said that PayPal and Square’s Cash App are already purchasing more than 100% of all newly-issued bitcoins. Pantera Capital theorizes that when other financial institutions jump on the cryptocurrency bandwagon, “supply scarcity will become even more imbalanced.” “The only way supply and demand equilibrates is at a higher price,” the investment company explained. Why It Matters: Paxos' itBit saw its trading volume surge 500% to $26.57 million in mid-November from $4.41 million a month ago, as per CoinGecko data. The 24-hour volume at press time was $23.65 million. While it took the Bitcoin community 12 years to grow to 100 million strong, PayPal has brought with it 300 million active users, noted Pantera Capital. “This rally is much more sustainable than [in] 2017. One of the main differences is the ease of investing in bitcoin now — via PayPal, Cash App, Robinhood, etc,” according to Pantera Capital. Since the beginning of the year, Bitcoin has gained 155%, while Etereum has risen 330%. Comparatively, the S&P 500 has risen a modest 10.11% on a year-to-date basis. Paypal’s CEO Daniel Schulman said this month at the company’s third-quarter earnings call that its cryptocurrency leap is “just the beginning of the opportunities.” Price Action: Bitcoin traded 1.21% lower at $18,298.37 at press time, while Ethereum traded 3.96% higher at $566.77. Latest Ratings for PYPL Nov 2020 Rosenblatt Maintains Buy Nov 2020 DZ Bank Upgrades Hold Buy Nov 2020 Credit Suisse Maintains Outperform View More Analyst Ratings for PYPL View the Latest Analyst Ratings See more from Benzinga Click here for options trades from Benzinga As Bitcoin Nears K, A Citibank Analyst Projects 0K Levels Next Year PayPal's Cryptocurrency Partner Sees 500% Surge In Trading Volume In A Month © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Dec 29 (Reuters) - The dollar languished near a 2-1/2-year low on Tuesday with demand for safe-havens flagging as U.S. lawmakers pushed forward with a COVID-19 relief package. The House of Representatives voted on Monday to increase stimulus payments to qualified Americans to $2,000 from $600, sending the measure on to the Senate for a vote. Last week\'s Brexit agreement, while bare bones, also supported the outlook for global growth, lifting Asian stocks on Tuesday following Wall Street gains. "Optimism abounds, and it’s generally coming from equity markets," said Bart Wakabayashi, Tokyo Branch manager of State Street Bank and Trust. "The dollar is very heavy, and that will continue into next year." The dollar index was little changed at 90.194 in holiday-thinned trading, hovering near the 89.723 level reached on Dec. 17 for the first time since April 2018. Short positions on the dollar swelled in the week ended Dec. 21 to $26.6 billion, the highest in three months, according to Reuters\' calculations based on data released by the Commodity Futures Trading Commission on Monday. The euro rose 0.1% to $1.22260 early in the Asian session, hovering near the 2-1/2-year high of 1.22735 touched earlier this month. The dollar bought 103.740 yen, another haven asset. Sterling rose 0.1% to $1.3477 following a two-day decline. It was as high as $1.3625 this month, a level not seen since May 2018. Investors have taken profits in the UK currency following the confirmation last week of a Brexit trade deal that was widely expected. While the agreement came as a relief to investors, the pact leaves Britain far more detached from the EU, analysts say. "People are still trying to figure out what this Brexit agreement means," weighing on the pound, said State Street\'s Wakabayashi. "Nothing has really been agreed on financial markets, and that’s a big negative for the UK." Bitcoin slipped 0.8% to $26,841, continuing its retreat from the all-time high of $28,377.94 set Sunday. ======================================================== Currency bid prices at 11:24AM (224 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.2234 $1.2216 +0.15% +9.13% +1.2237 +1.2207 Dollar/Yen 103.7520 103.8250 -0.07% -4.48% +103.7920 +103.7300 Euro/Yen 126.98 126.77 +0.17% +4.12% +126.9800 +126.7100 Dollar/Swiss 0.8876 0.8886 -0.06% -8.22% +0.8887 +0.8876 Sterling/Dollar 1.3469 1.3460 +0.09% +1.58% +1.3482 +1.3443 Dollar/Canadian 1.2832 1.2849 -0.08% -1.17% +1.2848 +1.2835 Aussie/Dollar 0.7590 0.7583 +0.15% +8.22% +0.7595 +0.7577 NZ 0.7117 0.7103 +0.21% +5.78% +0.7118 +0.7099 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Kevin Buckland; Editing by Sam Holmes)', '* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Dec 29 (Reuters) - The dollar languished near a 2-1/2-year low on Tuesday with demand for safe-havens flagging as U.S. lawmakers pushed forward with a COVID-19 relief package. The House of Representatives voted on Monday to increase stimulus payments to qualified Americans to $2,000 from $600, sending the measure on to the Senate for a vote. Last week\'s Brexit agreement, while bare bones, also supported the outlook for global growth, lifting Asian stocks on Tuesday following Wall Street gains. "Optimism abounds, and it’s generally coming from equity markets," said Bart Wakabayashi, Tokyo Branch manager of State Street Bank and Trust. "The dollar is very heavy, and that will continue into next year." The dollar index was little changed at 90.194 in holiday-thinned trading, hovering near the 89.723 level reached on Dec. 17 for the first time since April 2018. Short positions on the dollar swelled in the week ended Dec. 21 to $26.6 billion, the highest in three months, according to Reuters\' calculations based on data released by the Commodity Futures Trading Commission on Monday. The euro rose 0.1% to $1.22260 early in the Asian session, hovering near the 2-1/2-year high of 1.22735 touched earlier this month. The dollar bought 103.740 yen, another haven asset. Sterling rose 0.1% to $1.3477 following a two-day decline. It was as high as $1.3625 this month, a level not seen since May 2018. Investors have taken profits in the UK currency following the confirmation last week of a Brexit trade deal that was widely expected. While the agreement came as a relief to investors, the pact leaves Britain far more detached from the EU, analysts say. "People are still trying to figure out what this Brexit agreement means," weighing on the pound, said State Street\'s Wakabayashi. "Nothing has really been agreed on financial markets, and that’s a big negative for the UK." Bitcoin slipped 0.8% to $26,841, continuing its retreat from the all-time high of $28,377.94 set Sunday. ======================================================== Currency bid prices at 11:24AM (224 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.2234 $1.2216 +0.15% +9.13% +1.2237 +1.2207 Dollar/Yen 103.7520 103.8250 -0.07% -4.48% +103.7920 +103.7300 Euro/Yen 126.98 126.77 +0.17% +4.12% +126.9800 +126.7100 Dollar/Swiss 0.8876 0.8886 -0.06% -8.22% +0.8887 +0.8876 Sterling/Dollar 1.3469 1.3460 +0.09% +1.58% +1.3482 +1.3443 Dollar/Canadian 1.2832 1.2849 -0.08% -1.17% +1.2848 +1.2835 Aussie/Dollar 0.7590 0.7583 +0.15% +8.22% +0.7595 +0.7577 NZ 0.7117 0.7103 +0.21% +5.78% +0.7118 +0.7099 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Kevin Buckland; Editing by Sam Holmes)', 'Bitcoin (BTC) rally seems headed for a\xa0breather in early January, as per Newton Advisors President Mark Newton. What Happened: The apex cryptocurrency still looks \x93bullish on an intermediate-term basis,\x94 given it just broke out to all-time new highs, Newton told CNBC on the basis of chart analysis. "Near term, my cycle composite shows us peaking out in early January,\x94 the analyst said. Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, \x93All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.\x94 \x93I think there will be some opportunity to buy dips into Q1 of next year,\x94 Newton said. Why It Matters: Newton is long on various cryptocurrencies and revealed that he was looking to sell out of his positions in the next \x93one or two weeks.\x94 Comparing investors with institutions, Newton observed that with \x93SPACs right now, you can make money at 10, 15, 20% a day.\x94 \x93I just don\x92t think that investors have quite the appetite for crypto while the institutions are certainly very much heading in that direction.\x94 See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending .1B in 2020 Cryptocurrency markets are on fire with BTC soaring nearly 36.7% since the beginning of the month and 273.22% on a year-to-date basis. The cryptocurrency reached its all-time high of $28,288.84 on Dec. 27. Ethereum (ETH) has risen 16.78% since the beginning of December and 451.79% on a YTD basis. Grayscale Bitcoin Trust (OTC: GBTC ) and Grayscale Ethereum Trust (OTC: ETHE ) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively. At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97. Latest Ratings for GBTC Feb 2018 Buckingham Initiates Coverage On Sell Jul 2015 Wedbush Initiates Coverage on Outperform View More Analyst Ratings for GBTC View the Latest Analyst Ratings Story continues See more from Benzinga Click here for options trades from Benzinga Here\'s How Much Investing ,000 In Ethereum 5 Years Ago Would Be Worth Today Bitcoin Controlled By China, Ripple Tells SEC In Face Of Imminent Lawsuit © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin(BTC) rally seems headed for a\xa0breather in early January, as per Newton Advisors President Mark Newton.\nWhat Happened:The apex cryptocurrency still looks “bullish on an intermediate-term basis,” given it just broke out to all-time new highs, Newtontold CNBCon the basis of chart analysis.\n"Near term, my cycle composite shows us peaking out in early January,” the analyst said.\nBasing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.”\n“I think there will be some opportunity to buy dips into Q1 of next year,” Newton said.\nWhy It Matters:Newton is long on various cryptocurrencies and revealed that he was looking to sell out of his positions in the next “one or two weeks.”\nComparing investors with institutions, Newton observed that with “SPACs right now, you can make money at 10, 15, 20% a day.”\n“I just don’t think that investors have quite the appetite for crypto while the institutions are certainly very much heading in that direction.”\nSee Also:MicroStrategy Now Holds 70,470 Bitcoin After Spending .1B in 2020\nCryptocurrency markets are on fire with BTC soaring nearly 36.7% since the beginning of the month and 273.22% on a year-to-date basis. The cryptocurrency reached its all-time high of $28,288.84 on Dec. 27.\nEthereum (ETH) has risen 16.78% since the beginning of December and 451.79% on a YTD basis.\nGrayscale Bitcoin Trust(OTC:GBTC) andGrayscale Ethereum Trust(OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.\nAt press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.\nLatest Ratings for GBTC\n[{"Feb 2018": "Jul 2015", "Buckingham": "Wedbush", "Initiates Coverage On": "Initiates Coverage on", "": "", "Sell": "Outperform"}]\nView **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: 2020-12-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $497,584,336,306 - Hash Rate: 140537799.38571388 - Transaction Count: 336311.0 - Unique Addresses: 775919.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has soared to a 33-month high above $14,000, showing resilience amid growing instability in the traditional markets. • The top cryptocurrency by market value reached $14,047 around 10:05 UTC on Saturday – the highest level since January 2018, according to CoinDesk’sBitcoin Price Index. • Earlier this week,bitcoinnarrowly missed breaching the June 2019 high of $13,880 and faced selling pressure as global stock markets registered sharp losses as concerns over the resurgent coronavirus spiked. • However, the downside was restricted to above $13,000 even as classic haven assets like gold fell to one-month lows near $1,860 amid the dollar strength. • Stocks have just seen both theirworst weekand month since March. • Bitcoin’s defense of $13,000 and a quick rise to 33-month highs is perhaps not surprising. • Market sentiment has been buoyed by several public companies’recent disclosuresof bitcoin treasury investments. • “Bitcoin currently has a very strong underlying bid from institutions,” trader and analyst Nick Cote told CoinDesk. • If the cryptocurrency manages to establish a foothold above the June 2019 high of $13,880, the focus would shift to the daily chart resistance range at $15,800–$16,000. • At press time, bitcoin had dropped back to $13,993, but is still up over 25% for October – the biggest monthly rise since April. Also read:Bitcoin Traders Can Now Bet on $40K Price With New Deribit Options • $14K: Bitcoin Briefly Hits Highest Level Since January 2018 • $14K: Bitcoin Briefly Hits Highest Level Since January 2018 • $14K: Bitcoin Briefly Hits Highest Level Since January 2018 • $14K: Bitcoin Briefly Hits Highest Level Since January 2018... - Reddit Posts (Sample): []... 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 to USD, rose by 1.01% on Tuesday. Following on from a 3.09% rally on Monday, Bitcoin ended the day at $27,316.0.\nIt was a relatively choppy day. Bitcoin fell to an early morning low $25,859.0 before making a move.\nThe sell-off saw Bitcoin fall through the first major support level at $26,267.\nSteering clear of sub-$25,500 support levels, Bitcoin revisited $27,000 levels before a 2ndpullback.\nBitcoin fell back to an afternoon low $26,205.0 before bouncing back to a late intraday high $27,329.0.\nIn spite of the late high, Bitcoin continued to fall short of the first major resistance level at $27,641.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $28,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $13,261 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nRipple’s XRPslid by 10.65% to lead the way down.\nBitcoin Cash SV(-3.51%),Chainlink(-6.56%),Crypto.com Coin(-3.03%), andLitecoin(-0.76%) also saw red on the day.\nIt was a bullish day for the rest of the majors, however.\nPolkadot rallied by 13.04% to lead the pack, withBinance Coin(+8.79%) andCardano’s ADA(+8.21%) also making solid gains.\nEthereum(+0.29%) trailed the front runners, however.\nEarly in the week, the crypto total market cap rose to a Monday high $738.59bn before falling to a Tuesday low $678.76bn. At the time of writing, the total market cap stood at $732.14bn.\nBitcoin’s dominance rose to an early Monday high 70.82% before falling to a Monday low 69.13%. At the time of writing, Bitcoin’s dominance stood at 70.21%.\nAt the time of writing, Bitcoin was up by 1.09% to $27,615.0. A bullish start to the day saw Bitcoin rise from an early morning low $27,312.0 to a high $27,792.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-1.70%), Cardano’s ADA (-0.40%), Polkadot (-1.22%), and Ripple’s XRP (-2.18%) were in the red early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was up by 7.45% to lead the pack.\nBitcoin would need to avoid a fall through the pivot level at $26,835 to bring the first major resistance level at $27,810 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $27,800 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $28,000 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $28,500 before any pullback. The second major resistance level sits at $28,305.\nFailure to avoid a fall through the $26,835 pivot would bring the first major support level at $26,340 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$25,500 levels. The second major support level sits at $25,365.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Price Forecast – US Dollar Heading Towards Big Figure\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 30th, 2020\n• USD/JPY Fundamental Daily Forecast – BOJ Policymakers Divided on Stimulus Tweaks as Deflation Fears Rise\n• Gold Analysis – Year in Review and Forecast\n• Imax Could Post Strong 2021 Returns\n• Oil Gains Ground As Stimulus Hopes Offset Virus Worries', 'Bitcoin , BTC to USD, rose by 1.01% on Tuesday. Following on from a 3.09% rally on Monday, Bitcoin ended the day at $27,316.0. It was a relatively choppy day. Bitcoin fell to an early morning low $25,859.0 before making a move. The sell-off saw Bitcoin fall through the first major support level at $26,267. Steering clear of sub-$25,500 support levels, Bitcoin revisited $27,000 levels before a 2 nd pullback. Bitcoin fell back to an afternoon low $26,205.0 before bouncing back to a late intraday high $27,329.0. In spite of the late high, Bitcoin continued to fall short of the first major resistance level at $27,641. The near-term bullish trend remained intact, supported by the latest breakthrough to $28,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $13,261 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Ripple’s XRP slid by 10.65% to lead the way down. Bitcoin Cash SV (-3.51%), Chainlink (-6.56%), Crypto.com Coin (-3.03%), and Litecoin (-0.76%) also saw red on the day. It was a bullish day for the rest of the majors, however. Polkadot rallied by 13.04% to lead the pack, with Binance Coin (+8.79%) and Cardano’s ADA (+8.21%) also making solid gains. Ethereum (+0.29%) trailed the front runners, however. Early in the week, the crypto total market cap rose to a Monday high $738.59bn before falling to a Tuesday low $678.76bn. At the time of writing, the total market cap stood at $732.14bn. Bitcoin’s dominance rose to an early Monday high 70.82% before falling to a Monday low 69.13%. At the time of writing, Bitcoin’s dominance stood at 70.21%. This Morning At the time of writing, Bitcoin was up by 1.09% to $27,615.0. A bullish start to the day saw Bitcoin rise from an early morning low $27,312.0 to a high $27,792.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Binance Coin (-1.70%), Cardano’s ADA (-0.40%), Polkadot (-1.22%), and Ripple’s XRP (-2.18%) were in the red early on. It was a bullish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was up by 7.45% to lead the pack. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $26,835 to bring the first major resistance level at $27,810 into play. Support from the broader market would be needed for Bitcoin to break back through to $27,800 levels. Barring an extended crypto rally, the first major resistance level and resistance at $28,000 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $28,500 before any pullback. The second major resistance level sits at $28,305. Failure to avoid a fall through the $26,835 pivot would bring the first major support level at $26,340 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$25,500 levels. The second major support level sits at $25,365. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Price Forecast – US Dollar Heading Towards Big Figure EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 30th, 2020 USD/JPY Fundamental Daily Forecast – BOJ Policymakers Divided on Stimulus Tweaks as Deflation Fears Rise Gold Analysis – Year in Review and Forecast Imax Could Post Strong 2021 Returns Oil Gains Ground As Stimulus Hopes Offset Virus Worries', 'The New York Department of Financial Services (NYDFS) hasapproved Tokyo-based GMO Internetto launch GYEN, the first stablecoin pegged to the Japanese yen.\nGMO Internet,an internet conglomerate that offers a large array of services, including domain hosting, online advertising and what it claims is the world’s largest foreign exchange trading platform, will set up GMO-Z.com Trust Company (GMO Trust) to issue GYEN and ZUSD, a USD-pegged stablecoin. Both will start selling outside of Japan next month.\nIn a press announcement, GMO Trust said it had also made strategic partnerships with global digital asset exchanges to ensure the liquidity of the virtual currencies. Development of GYEN began in 2018.\nThe Biden administration can change the world with new crypto regulations\nGMO Trust joins abouttwo dozen other companiesthat have received virtual currency licenses, also called BitLicenses, from the NYSDFS. BitLicenses, which went into effect in June 2015, arerequired to engage in virtual currency business activitiesin New York. Other companies based in Asia that hold BitLicenses include Japan’s bitflyer, a Bitcoin exchange, and Hong Kong-based digital wallet Xapo.\nPayPal to let you buy and sell cryptocurrencies in the US', 'The New York Department of Financial Services (NYDFS) has approved Tokyo-based GMO Internet to launch GYEN, the first stablecoin pegged to the Japanese yen. GMO Internet, an internet conglomerate that offers a large array of services, including domain hosting, online advertising and what it claims is the world\x92s largest foreign exchange trading platform, will set up GMO-Z.com Trust Company (GMO Trust) to issue GYEN and ZUSD, a USD-pegged stablecoin. Both will start selling outside of Japan next month. In a press announcement, GMO Trust said it had also made strategic partnerships with global digital asset exchanges to ensure the liquidity of the virtual currencies. Development of GYEN began in 2018. The Biden administration can change the world with new crypto regulations GMO Trust joins about two dozen other companies that have received virtual currency licenses, also called BitLicenses, from the NYSDFS. BitLicenses, which went into effect in June 2015, are required to engage in virtual currency business activities in New York. Other companies based in Asia that hold BitLicenses include Japan\x92s bitflyer, a Bitcoin exchange, and Hong Kong-based digital wallet Xapo. PayPal to let you buy and sell cryptocurrencies in the US', 'GBP/USD Video 30.12.20. British Pound Moves Higher Against U.S. Dollar GBP/USD is currently trying to settle above the resistance at 1.3540 while the U.S. dollar continues to lose ground against a broad basket of currencies. The U.S. Dollar Index is testing the support at the yearly lows at 89.75. If the U.S. Dollar Index settles below this level, it will gain additional downside momentum and head towards the next support which is located near 89.40 which will be bullish for GBP/USD. At this point, it looks like the American currency will remain under pressure on the foreign exchange market in the remaining trading sessions of this yea **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: 2020-12-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $497,584,336,306 - Hash Rate: 159029615.0943604 - Transaction Count: 338258.0 - Unique Addresses: 807268.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byCrypto.com,Nexo.ioand this week’s special product launch,Allnodes. Related:Google Searches for 'Bitcoin Price' Hit 18-Month High Download this episode On this historic day, NLW looks at bitcoin’s punch through its previous December 2017 all time high. Specifically, he looks at: • How different people benchmark the all time high • What drove the latest price action, including the prospect of a new investment from institutional asset management giant Guggenheim • Why historian Niall Ferguson is arguing thatbitcoinhas won the Covid-19 monetary revolution • Why macro giants including Raoul Pal, George Gammon and Ben Hunt got into disagreements with Bitcoin Twitter about how co-opted by the state and Wall Street bitcoin was likely to become See also:Bitcoin Price Sets New Record High Above $19,783 Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • Bitcoin Hits a New All-Time High: What Happens Next? • Bitcoin Hits a New All-Time High: What Happens Next? • Bitcoin Hits a New All-Time High: What Happens Next?... - Reddit Posts (Sample): []... 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 price of bitcoin (BTC) crossed $29,000 Wednesday evening for the first time ever, pushing further into record territory after hitting what had been an all-time high earlier in the day.\n• With the day’s surge, the leading cryptocurrency resumed its rapid upward pace after seeming to be catching its breath on Monday and most of Tuesday following arecord-setting run over the weekend.\n• Bitcoin prices hit a high of $29,280.05 before dropping back to $29,231.01, up 5.28% in the last 24 hours. The price ofbitcoinhas now risen more than 300% year to date and no doubt puts visions of $30,000 in the minds of holders of the cryptocurrency, colloquially known in crypto circles as “HODLers.”\n• “Should the expected wave of retail flows materialize, I would expect to see bitcoin charge past $30,000 as we enter the new year,” Denis Vinokourov, head of research at the London-based prime brokerage Bequant, told CoinDesk earlier.\n• Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 millionin December); MassMutual ($100 millionin December); and Guggenheim (up to 10%of its $5 billion macro fund).\n• With the end of the year looming, some fund managers may also be buying bitcoin so they canbragnext year about being smart enough to get in in 2020 while neglecting to say at which price they had done so. This is referred to as “window dressing” on Wall Street.\n• In addition, the U.S. Federal Reserve, along with other central banks, has been printing money with abandon, trying to stave off the worst economic effects of the pandemic, while U.S. President Donald Trump has been pushing Congress to allow for the issuance of larger stimulus checks. These actions are viewed by many as potential catalysts for inflation and bad for the U.S. dollar, both of which could be positive for bitcoin.\nRead more:2020 Saw the Fewest Bitcoin ‘Obituaries’ in 8 Years\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s', 'The price of bitcoin (BTC) crossed $29,000 Wednesday evening for the first time ever, pushing further into record territory after hitting what had been an all-time high earlier in the day.\n• With the day’s surge, the leading cryptocurrency resumed its rapid upward pace after seeming to be catching its breath on Monday and most of Tuesday following arecord-setting run over the weekend.\n• Bitcoin prices hit a high of $29,280.05 before dropping back to $29,231.01, up 5.28% in the last 24 hours. The price ofbitcoinhas now risen more than 300% year to date and no doubt puts visions of $30,000 in the minds of holders of the cryptocurrency, colloquially known in crypto circles as “HODLers.”\n• “Should the expected wave of retail flows materialize, I would expect to see bitcoin charge past $30,000 as we enter the new year,” Denis Vinokourov, head of research at the London-based prime brokerage Bequant, told CoinDesk earlier.\n• Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 millionin December); MassMutual ($100 millionin December); and Guggenheim (up to 10%of its $5 billion macro fund).\n• With the end of the year looming, some fund managers may also be buying bitcoin so they canbragnext year about being smart enough to get in in 2020 while neglecting to say at which price they had done so. This is referred to as “window dressing” on Wall Street.\n• In addition, the U.S. Federal Reserve, along with other central banks, has been printing money with abandon, trying to stave off the worst economic effects of the pandemic, while U.S. President Donald Trump has been pushing Congress to allow for the issuance of larger stimulus checks. These actions are viewed by many as potential catalysts for inflation and bad for the U.S. dollar, both of which could be positive for bitcoin.\nRead more:2020 Saw the Fewest Bitcoin ‘Obituaries’ in 8 Years\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s\n• Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s', 'The price of bitcoin (BTC) crossed $29,000 Wednesday evening for the first time ever, pushing further into record territory after hitting what had been an all-time high earlier in the day. With the day\x92s surge, the leading cryptocurrency resumed its rapid upward pace after seeming to be catching its breath on Monday and most of Tuesday following a record-setting run over the weekend . Bitcoin prices hit a high of $29,280.05 before dropping back to $29,231.01, up 5.28% in the last 24 hours. The price of bitcoin has now risen more than 300% year to date and no doubt puts visions of $30,000 in the minds of holders of the cryptocurrency, colloquially known in crypto circles as \x93 HODLers .\x94 \x93Should the expected wave of retail flows materialize, I would expect to see bitcoin charge past $30,000 as we enter the new year,\x94 Denis Vinokourov, head of research at the London-based prime brokerage Bequant, told CoinDesk earlier. Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci\x92s Skybridge Capital ( $25 million in December); MassMutual ( $100 million in December); and Guggenheim ( up to 10% of its $5 billion macro fund). With the end of the year looming, some fund managers may also be buying bitcoin so they can brag next year about being smart enough to get in in 2020 while neglecting to say at which price they had done so. This is referred to as \x93window dressing\x94 on Wall Street. In addition, the U.S. Federal Reserve, along with other central banks, has been printing money with abandon, trying to stave off the worst economic effects of the pandemic, while U.S. President Donald Trump has been pushing Congress to allow for the issuance of larger stimulus checks. These actions are viewed by many as potential catalysts for inflation and bad for the U.S. dollar, both of which could be positive for bitcoin. Read more: 2020 Saw the Fewest Bitcoin \x91Obituaries\x92 in 8 Years Related Stories Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year\x92s Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year\x92s Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year\x92s Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year\x92s', 'By Karen Brettell\nNEW YORK (Reuters) -The dollar posted its biggest yearly loss since 2017 on Thursday, capping off a manic year that saw the currency serve as a safe haven in March when panic over the spread of COVID-19 in the United States peaked, before dropping on unprecedented Federal Reserve stimulus.\nThe greenback soared to a three-year high of 102.99 against a basket of currencies in March, before ending the year at 89.96, down 6.77% on the year and 12.65% from its March high.\nAn improving global economic outlook as COVID-19 vaccines are rolled out, rock-bottom U.S. interest rates and ongoing Fed bond purchases have dented the dollar\'s appeal.\nExpectations of additional fiscal stimulus and rising fiscal and current account deficits are additional headwinds that are likely to hurt the U.S. currency over the coming year.\n"I expect the dollar to depreciate further over the next few years as the Fed keeps rates at zero whilst maintaining its bloated balance sheet," Kevin Boscher, chief investment officer at asset manager Ravenscroft, told clients.\n"The magnitude of the twin deficits dwarfs any other major economy," he said.\nThe euro ended at $1.2215, up 8.97% on the year. It reached $1.2310 on Wednesday, the highest since April 2018, but pared gains as investors squared positions for the year.\nThe Aussie and kiwi both hit their highest levels since April 2018 on Thursday with the Aussie surging as high as $0.7743 and the New Zealand dollar reaching $0.7241. They pared gains but ended up 9.76% and 6.82% this year, respectively.\nThe dollar slipped 4.90% this year against the Japanese currency to 103.25 yen. It is holding just above a nine-month low of 102.86 yen reached on Dec. 17.\nThe greenback also lost 12.09% to the Swedish crown, ending at 8.2176.\nBitcoin blasted to a record high of $29,300 on Thursday, taking the yearly gain for the world\'s most popular cryptocurrency past 300%.\nU.S. Senate leader Mitch McConnell dealt a likely death blow on Wednesday to Republican President Donald Trump\'s bid to boost coronavirus aid to Americans, declining to schedule a swift Senate vote on a bill to raise relief checks to $2,000 from $600.\nHowever, Democratic President-elect Joe Biden, who takes office next month, is expected to push for more measures to support the U.S. economy.\nData on Thursday showed that the number of Americans filing first-time claims for unemployment benefits unexpectedly fell last week but remain elevated more than nine months.\nInvestors are also watching runoff elections in Georgia for two Senate seats next Tuesday that will determine which party controls the Senate. If the Republicans win one or both of the Georgia seats, they will retain a slim majority in the chamber and can block Biden\'s legislative goals and judicial nominees.\nSterling got a boost after Britain\'s markets watchdog intervened hours before the country leaves the European Union\'s single market on Thursday with a partial climbdown on curbs that risked disrupting swaps trades worth billions of euros.\nThe pound ended up **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: 2020-12-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $524,791,062,781 - Hash Rate: 153482070.38176647 - Transaction Count: 344918.0 - Unique Addresses: 809871.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The cryptocurrency and banking worlds continue to draw closer together with digital asset custodian Anchorage seeking a national charter from the U.S. Office of the Comptroller of the Currency. The startup’s trust company unit, based in South Dakota, has applied to the OCC to convert to a national bank, according to anoticedated Nov. 9 and posted to the federal regulator’s website. The notice contains little else in the way of detail, except that Anchorage is represented by Dana Syracuse of the law firm Perkins Coie. Syracuse is a former general counsel of the New York Department of Financial Services and helped that agency draft its landmark BitLicense regulation. Related:Robinhood Gearing Up for Potential IPO in Early 2021: Report This year Kraken, a crypto exchange, became the first such business toobtain a U.S. banking license, albeit a special-purpose one from Wyoming (the same kind obtained by digital asset startupAvanti). If its application is approved, Anchorage would be the first crypto company to get a national bank charter, explicitly allowing it to do business in all 50 states. A banking charter would give Anchorage the clear authority to act as a “qualified custodian” for institutional investors under Securities and Exchange Commission (SEC) rules. Most crypto custody firms in the U.S. have trust company licenses, but the SECsignaledlast week that it is unsure whether such entities, regulated at the state level and less stringently than banks, make the cut as qualified custodians. Anchorage’s application also comes at a time when the OCC, an agency that has existed since the Civil War, may be unusually receptive to such requests. Brian Brooks, the acting comptroller since May, is a former chief legal officer for the Coinbase exchange and has been notably focused on clearing the way for banks to participate in the crypto market – so much so that he was recentlycriticized by lawmakersfor spending so much time on this niche during a pandemic. In July, for example, Brooks’ agencyissued a letterclearing the way for national banks to safeguard private cryptographic keys for digital currency wallets, a business that until now has been the province of specialist firms like Anchorage. Related:China's Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks Read more:Crypto Custodian Anchorage Gets SOC 1 Security Certification With Big 4 Auditor EY “Anchorage is encouraged by the recent positive progress out of the OCC with respect to regulatory clarity around custody of digital assets,” Nathan McCauley, Anchorage’s co-founder and CEO, said in a Telegram message. “We are interested in obtaining an OCC charter as a way to better serve the emerging needs of large banks looking to integrate crypto to bring the benefits of Bitcoin and other digital assets to their client base.” • Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC • Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC... - Reddit Posts (Sample): []... 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:** ['By John McCrank NEW YORK (Reuters) - The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike. The world\'s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16. Bitcoin\'s potential for quick gains, as well as expectations it could become a mainstream payment method, has attracted demand from larger U.S. investors, as well as from traders who normally stick to equities. "You can buy a stock like Amazon, you can buy a stock like Apple, and you know what you got," said Dennis Dick, a proprietary trader at Bright Trading LLC. "Bitcoin you really just have digits on a screen and you\'re really hoping that the guy behind you sees it as being worth more than what you just paid for it, so it\'s a purely speculative view," he said. Still, intrigued by the story behind bitcoin and the traction it was getting with institutional investors, he put 1% of his net worth into a bitcoin fund around five weeks ago, which has doubled in value since then, and he sold half on Thursday. "When you double your money within five weeks, if you sell half of it, I figure now you\x92re playing with the house\'s money," he said. Recent gains have taken bitcoin\'s market capitalization past $536 billion, according to industry website CoinMarketCap https://coinmarketcap.com. (Reporting by John McCrank; editing by Jonathan Oatis)', 'By John McCrank\nNEW YORK (Reuters) - The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike.\nThe world\'s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16.\nBitcoin\'s potential for quick gains, as well as expectations it could become a mainstream payment method, has attracted demand from larger U.S. investors, as well as from traders who normally stick to equities.\n"You can buy a stock like Amazon, you can buy a stock like Apple, and you know what you got," said Dennis Dick, a proprietary trader at Bright Trading LLC. "Bitcoin you really just have digits on a screen and you\'re really hoping that the guy behind you sees it as being worth more than what you just paid for it, so it\'s a purely speculative view," he said.\nStill, intrigued by the story behind bitcoin and the traction it was getting with institutional investors, he put 1% of his net worth into a bitcoin fund around five weeks ago, which has doubled in value since then, and he sold half on Thursday.\n"When you double your money within five weeks, if you sell half of it, I figure now you’re playing with the house\'s money," he said.\nRecent gains have taken bitcoin\'s market capitalization past $536 billion, according to industry website CoinMarketCap https://coinmarketcap.com.\n(Reporting by John McCrank; editing by Jonathan Oatis)', 'By John McCrank\nNEW YORK (Reuters) - The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike.\nThe world\'s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16.\nBitcoin\'s potential for quick gains, as well as expectations it could become a mainstream payment method, has attracted demand from larger U.S. investors, as well as from traders who normally stick to equities.\n"You can buy a stock like Amazon, you can buy a stock like Apple, and you know what you got," said Dennis Dick, a proprietary trader at Bright Trading LLC. "Bitcoin you really just have digits on a screen and you\'re really hoping that the guy behind you sees it as being worth more than what you just paid for it, so it\'s a purely speculative view," he said.\nStill, intrigued by the story behind bitcoin and the traction it was getting with institutional investors, he put 1% of his net worth into a bitcoin fund around five weeks ago, which has doubled in value since then, and he sold half on Thursday.\n"When you double your money within five weeks, if you sell half of it, I figure now you’re playing with the house\'s money," he said.\nRecent gains have taken bitcoin\'s market capitalization past $536 billion, according to industry website CoinMarketCap https://coinmarketcap.com.\n(Reporting by John McCrank; editing by Jonathan Oatis)', "As the year draws to a close, not only is the U.S. stock market approaching record highs, but a touted alternative to the existing financial system is also booming. Bitcoin is now trading over $29,000 per single coin, up more than 24% in the last seven days alone. It\x92s blown past its previous high of $20,000 and is likely to top the $30,000 mark by the end of the weekend if it keeps trending in its current direction. More from Deadline Mutual Funds, ETFs, Bitcoin Showed Strong Gains In 2020 Donald Trump's Campaign Website Hacked And Defaced Facebook Reveals Launch Plans For Libra, Its Crypto Answer To Bitcoin Bitcoin is a digital currency that is created by \x93mining\x94 a blockchain, which rewards users who solve complex equations. Although some liken it to the tulip craze and other speculative investments, it has attracted numerous world class investors and financial institutions, particularly in the last six months. Only 21 million Bitcoin will ever exist in the complex system, making it a finite resource. The Bitcoin boom is a tide that is lifting other boats. Such alt-coins as ethereum\x92s Ether (now at $745), and Litecoin ($135) are also at or near record levels, boosting the overall markets. Other coins are also on the rise, making for a red-hot market heading into 2021. The only down note is found in the third-largest digital currency by market capitalization. The Securities and Exchange Commission has sued Ripple Labs, the company that issues XRP. The complaint charges XRP\x92s backers with conducting an unlawful issuance of securities and personally profiting from the endeavor. As a result, the price has crashed and many crypto exchanges have stopped trading in it. But overall, a robust cryptocurrency market means good things for new entertainment start-ups, as investors that are flush with extra cash as their cryptos rise are more likely to back disruptive new companies. Best of Deadline U.S. Covid-19 Update: Nation Hits 20M Cases By Start Of 2021, With More than 346,000 Deaths Coronavirus: Movies That Have Halted Or Delayed Production Amid Outbreak Hong Kong Filmart Postponed Due To Coronavirus Fears; Event Moves Two Weeks Before Toronto Sign up for Deadline's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .", "As the year draws to a close, not only is the U.S. stock market approaching record highs, but a touted alternative to the existing financial system is also booming. Bitcoin is now trading over $29,000 per single coin, up more than 24% in the last seven days alone. It\x92s blown past its previous high of $20,000 and is likely to top the $30,000 mark by the end of the weekend if it keeps trending in its current direction. More from Deadline Mutual Funds, ETFs, Bitcoin Showed Strong Gains In 2020 Donald Trump's Campaign Website Hacked And Defaced Facebook Reveals Launch Plans For Libra, Its Crypto Answer To Bitcoin Bitcoin is a digital currency that is created by \x93mining\x94 a blockchain, which rewards users who solve complex equations. Although some liken it to the tulip craze and other speculative investments, it has attracted numerous world class investors and financial institutions, particularly in the last six months. Only 21 million Bitcoin will ever exist in the complex system, making it a finite resource. The Bitcoin boom is a tide that is lifting other boats. Such alt-coins as ethereum\x92s Ether (now at $745), and Litecoin ($135) are also at or near record levels, boosting the overall markets. Other coins are also on the rise, making for a red-hot market heading into 2021. The only down note is found in the third-largest digital currency by market capitalization. The Securities and Exchange Commission has sued Ripple Labs, the company that issues XRP. The complaint charges XRP\x92s backers with conducting an unlawful issuance of securities and personally profiting from the endeavor. As a result, the price has crashed and many crypto exchanges have stopped trading in it. But overall, a robust cryptocurrency market means good things for new entertainment start-ups, as investors that are flush with extra cash as their cryptos rise are more likely to back disruptive new companies. Best of Deadline U.S. Covid-19 Update: Nation Hits 20M Cases By Start Of 2021, With More than 346,000 Deaths Coronavirus: Movies That Have Halted Or Delayed Production Amid Outbreak Hong Kong Filmart Postponed Due To Coronavirus Fears; Event Moves Two Weeks Before Toronto Sign up for Deadline's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .", "As the year draws to a close, not only is the U.S. stock market approaching record highs, but a touted alternative to the existing financial system is also booming. Bitcoin is now trading over $29,000 per single coin, up more than 24% in the last seven days alone. It\x92s blown past its previous high of $20,000 and is likely to top the $30,000 mark by the end of the weekend if it keeps trending in its current direction. More from Deadline Mutual Funds, ETFs, Bitcoin Showed Strong Gains In 2020 Donald Trump's Campaign Website Hacked And Defaced Facebook Reveals Launch Plans For Libra, Its Crypto Answ **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: 2021-01-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $524,791,062,781 - Hash Rate: 137764027.0294169 - Transaction Count: 258080.0 - Unique Addresses: 609741.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Blockchain technology-backed bitcoin and broader cryptocurrency space witnessed a resurgence in 2020.The linchpin technology that powers bitcoin and other cryptocurrencies like ethereum, litecoin, ripple, monero and zcash has become mainstream in 2020, owing to coronavirus crisis induced momentum in digital payments and contactless trading.In this data-driven world, cryptocurrency is gaining solid traction on the heels of an increasing bitcoin adoption — the most popular and widely used digital currency.Following a roller coaster ride in the past two years, cryptocurrency is now climbing new highs with resurgence in bitcoin trading. Notably, bitcoin hit an new all-time high by surpassing the $24,000 mark on Dec 21.On a year-to-date basis, bitcoin has gained more than 200%. This strong bounce-back remains a major positive for companies likeJPMorgan Chase & Co. JPM,Overstock.comOSTK,MicrosoftMSFT,DocuSignDOCU andNVIDIANVDA.The companies are poised to tap in gains from this resurgence with active involvement in cryptocurrency and investments in next gen blockchain technology capabilities. Cryptocurrencies, which hold the potential to revolutionize the process of peer-to-peer and remittance transactions, are gaining strongly from the decentralized system, low fees, transparency of distributed ledger technology, protection from consumer chargebacks and quick international transfers.Blockchain-based automated system is transparent and incorruptible, and meant to provide unaltered information. Since blockchain utilizes a distributed consensus, it is difficult to tamper with the records without being noticed by an entire network. Thereby, the possibility of monetary losses is low with minimum chances of double counting and hacking.Additionally, coronavirus crisis has presented new challenges and exposed several loopholes in the current digital ecosystem. The prominent issues that have surfaced are data tracing, security, visibility and management, and supervision.Evolution of blockchain practices in a bid to address these challenges is expected to democratize the use of cryptocurrency in the days ahead and aid in countering the pandemic in an efficient way.Notably, Coherent Market Insights estimates the blockchain technology market to witness a CAGR of 58.7% between 2019 and 2027.Also, growing demand for alternative currency as a result of the ongoing pandemic remains a tailwind.These factors are driving growth in digital currency (especially bitcoin) transactions throughout the world. Per a report from Statista, the number of daily bitcoin transactions at end of third-quarter 2020 exceeded the mark of 351 million, jumping significantly from around 200 million in first-quarter 2016.Further, a report from Fortune Business Insights shows that the global cryptocurrency market is expected to hit $1.8 billion in 2027 from $754 million in 2019 by witnessing a CAGR of 11.2%Here we discuss these five stocks, which have strong fundamentals that poise them well to capitalize on the bitcoin wave. NVIDIAis poised to gain from growing momentum of its GPUs in the cryptocurrency space, which provides the company with a strong competitive edge against other chipmakers.In third-quarter fiscal 2021, this Zacks Rank #2 (Buy) company experienced solid traction among the ethereum, monero and zcash miners. Reportedly, NVIDIA’s GPU sales to crypto-miners were around $175 million. You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Further, the new Ampere GPU chips of the company are well-designed to meet requirements of the upcoming advanced cryptocurrencies.We believe that expanding presence of NVIDIA in the booming cryptocurrency market is likely to contribute well to the stock’s performance in the near term.JPMorgan Chase & Co. is poised to capitalize on gains stemming from the bullish sentiments toward bitcoin with commercial use of its blockchain technology based planned dollar-backed cryptocurrency — JPM Coin — which will be helpful in handling digital settlements.Per a CNBC article, JPMorgan, with Zacks Rank of 2, is looking to monetize its crypto efforts and has created a new business unit called Onyx, with more than 100 dedicated staff members, to focus on its blockchain and digital currency efforts.Overstock.comis riding on strong demand for digital assets, backed by its Medici Ventures and tZERO businesses, and has strengthened presence in the lucrative blockchain-technology space.Notably, tZERO technology business is focused on democratizing access to private capital markets. The tZERO ATS, a subsidiary of tZERO, traded over 2.3 million digital securities in August 2020, marking a 21x increase on a year-over-year basis.Moreover, the tZERO Crypto app, which is independently managed by tZERO’s subsidiary, tZERO Crypto, Inc., is witnessing robust growth in user base, which is a tailwind for this Zacks Rank #2 company.Moreover, tZERO has attained Financial Industry Regulatory Authority’s (FINRA) clearance to offer retail-brokerage services for digital securities through its tZERO Markets. FINRA’s approval will enable tZERO Markets to offer issuers with investment banking and placement-agent services in connection with capital-raising activities.Microsoftis focusing on developing advanced Azure-powered blockchain solutions in decentralized identity space.The company’s fully managed Azure Blockchain Service, which accelerates development of robust blockchain-enabled smart contract applications, holds promise. The flexibility in usage and Azure’s secure broad-based availability are anticipated to bolster adoption of the service.The tech giant has also joined Hyperledger community and entered into a partnership with JPMorgan to develop Ethereum-based open source blockchain platform, Quorum. Markedly, JPMorgan divested Quorum to ConsenSys per a strategic investment deal in August, this year.Moreover, the acquisition of GitHub, touted to be the largest open-source repository, provides Microsoft ample exposure to development of robust blockchain tools.The beta version of the tech giant’s bitcoin-backed decentralized identity tool — ION — went live in early June on mainnet. The tool is aimed at fast-tracking of data, which can be utilized by anyone to improve the reach of the coronavirus crisis response programs.The above factors are likely to provide an edge to this Zacks Rank #2 stock over cloud rivals including Amazon Web Services (AWS) and Alibaba Cloud, which are also eyeing the blockchain-as-a-service market.DocuSignis a popular name for authenticating documents over the Internet through electronic signature. The stock, with Zacks Rank of 3 (Hold), leverages blockchain technology to enable customers adapt to smart tech and make paper agreements digital.The company’s Trust Service Provider model helps users to integrate any blockchain-based identity providers and enhance security while authenticating a signer.Notably, per ResearchAndMarkets data, the blockchain identity management market is set to hit $1.93 billion by 2023 from $90.4 million in 2018 at a CAGR of 84.5%. This projection favors prospects of the company. In addition to the stocks discussed above, would you like to know about our 10 top tickers for the entirety of 2021?These 10 are painstakingly hand-picked from over 4,000 companies covered by the Zacks Rank. They are our primary picks to buy and hold.Start Your Access to the New Zacks Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportJPMorgan Chase & Co. (JPM) : Free Stock Analysis ReportMicrosoft Corporation (MSFT) : Free Stock Analysis ReportNVIDIA Corporation (NVDA) : Free Stock Analysis ReportOverstock.com, Inc. (OSTK) : Free Stock Analysis ReportDocuSign Inc. (DOCU) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - Reddit Posts (Sample): [['u/Mari0805', 'BTC just had the monthly and yearly close! 2020 close was at $28,990', 119, '2021-01-01 01:07', 'https://www.reddit.com/r/Bitcoin/comments/ko15jt/btc_just_had_the_monthly_and_yearly_close_2020/', "Let's see what 2021 brings us. I predict 2021 will be the year where we will see BTC go over $100k. Not financial advice by the way. #HODL\n\nhttps://preview.redd.it/jfo4kqi84m861.png?width=1256&amp;format=png&amp;auto=webp&amp;s=45ccabb9bd6324906f587205043036c10d1a754b", 'https://www.reddit.com/r/Bitcoin/comments/ko15jt/btc_just_had_the_monthly_and_yearly_close_2020/', 'ko15jt', [['u/One_Landscape541', 38, '2021-01-01 02:30', 'https://www.reddit.com/r/Bitcoin/comments/ko15jt/btc_just_had_the_monthly_and_yearly_close_2020/ghnvxzv/', 'When this comes down the weak hands will cry.', 'ko15jt'], ['u/One_Landscape541', 16, '2021-01-01 04:25', 'https://www.reddit.com/r/Bitcoin/comments/ko15jt/btc_just_had_the_monthly_and_yearly_close_2020/gho6lj2/', 'This is the way.', 'ko15jt'], ['u/therealfakesatoshi', 13, '2021-01-01 06:30', 'https://www.reddit.com/r/Bitcoin/comments/ko15jt/btc_just_had_the_monthly_and_yearly_close_2020/ghogqxw/', 'The emperor has no close', 'ko15jt']]], ['u/jmr_iv', 'Just waiting for a dip...', 41, '2021-01-01 01:19', 'https://www.reddit.com/r/Bitcoin/comments/ko1c7e/just_waiting_for_a_dip/', 'The problem facing people that don\'t own bitcoin - Everyone wants to buy once it starts taking off but no one wants to buy a new all time high.\n\n"I\'m just waiting for a dip"\n\n"I\'ll get in when it cools off some"\n\n"Man, you really should\'ve tried harder to convince me earlier this year"\n\nI\'m sure most of you have heard one of these in the past few weeks.\n\nIMO, This bull run we\'re experiencing is not about how great bitcoin is - but rather how awful the US dollar and other fiat currencies are...\n\nHODL babyyyy', 'https://www.reddit.com/r/Bitcoin/comments/ko1c7e/just_waiting_for_a_dip/', 'ko1c7e', [['u/wingsofthygiant', 20, '2021-01-01 02:06', 'https://www.reddit.com/r/Bitcoin/comments/ko1c7e/just_waiting_for_a_dip/ghntipn/', 'That’s why I grab my bitcoins today at $28,300 with my stimulus check... I will hold for years, so it doesn’t matter, either way I will continue to buy dips as much as I can so it doesn’t matter xD', 'ko1c7e'], ['u/wingsofthygiant', 14, '2021-01-01 04:43', 'https://www.reddit.com/r/Bitcoin/comments/ko1c7e/just_waiting_for_a_dip/gho850h/', 'Heyyyyyy we start somewhere right? I saw one guy here in the sub Reddit actually, he posted that he bought at $10,000 and people LYNCHED him saying that he should have waited to drop back to $8,000. Now that same guy is more than double his initial investment and the people who wanted to waited are still probably waiting some more 🤣', 'ko1c7e']]], ['u/Graphene_Hands', 'I bought the ATH in 2011: A decade of HODLing', 1861, '2021-01-01 01:54', 'https://www.reddit.com/r/Bitcoin/comments/ko1wk3/i_bought_the_ath_in_2011_a_decade_of_hodling/', 'There have been a few other long-term HODLers sharing their stories recently and I\'ve greatly enjoyed reading them and reminiscing about Bitcoin\'s past. Here\'s my story - I hope it\'s as entertaining as the others.\n\n\\---\n\nEvery number between 0 cents and the current ATH has been, by definition, the all-time-high at one point. Don\'t let that prevent you from taking a risk in something you believe in. Extend your time horizon to a decade and lock your coins away.\n\n\\---\n\nI\'ve been a libertarian since I was a teenager. The expanding role of the State is something that I\'ve been worrying about for most of my life. While learning about the immorality of the existence of the State, at some point I learned about monetary policy and how inflation is robbing everyone on an unprecedented scale. I tucked this knowledge away and was determined to figure out a way around it when I started making my own money. (This paragraph is the only one involving political philosophy, go ahead and continue reading)\n\nI first heard of Bitcoin in 2010 on one of the many forums I frequented in my libertarian internet circle. It was an interesting concept to me, but I didn\'t pursue it at all. Again I tucked this knowledge away for future use.\n\nI heard of it again several months later (2010). This time I decided to try it out. I remember downloading and syncing the reference wallet and using a BTC faucet to send coins to my wallet. I forget exactly how many it was... 5, maybe? That\'s as far as I went with it though. At some point I deleted the wallet and the downloaded blockchain - probably to make room for a Steam game or something. Those coins are gone.\n\nThat\'s right - Steam. I have been a gamer for most of my life as well. I owned a powerful graphics card at the time: The Radeon 5970.\n\nThe third time I heard about Bitcoin was in May 2011. I had heard that the price was lifting off and people were making a lot of money from it. This time I decided to dive in and see what I could figure out.\n\nThis was where I fell into the deep rabbit hole of Bitcoin. I remember getting so absorbed in it that I didn\'t sleep some nights. I was working my day job, going home and learning all that I could about Bitcoin. Learning about how addresses were generated, how wallets worked, how mining worked, how the difficulty adjustment worked, everything that I possibly could.\n\nAfter a week or two of obsessing and reading about Bitcoin, I decided that this was the most important invention since the internet - the most perfect form of money ever created. One of the most ingenious systems ever designed by man - and NO ONE KNOWS ABOUT IT YET.\n\nI can\'t recall if any other coins existed at the time, but between 2011-2012 I remember other coins like Namecoin, Peercoin, Feathercoin, and some others. I don\'t hear about any of those other coins these days... besides LTC and XRP, of course.\n\nI decided that I wanted in. I needed to get some Bitcoin. I needed it NOW!! This would be like buying stock in the Internet itself but better - no counterparty risk, and I could be my own bank!\n\nI wasn\'t making a lot of money at the time, so putting money towards anything discretionary wasn\'t going to be friendly to my budget. Yes, I owned a badass gaming rig, but that was my only luxury in life. I knew I was going to buy for the long term, so I decided to put aside $500 and go for it. I was going to buy Bitcoin.\n\nAt the time, Mt Gox was the only game in town that I can remember. I don\'t think BTC-e existed yet, or maybe I just hadn\'t heard of it.\n\nI signed up for a Gox account and figured out how to fund it. There were a few ways to do this, one of which was another app called Dwolla. So I signed up for Dwolla and got verified. I then deposited my $500 and initiated the ACH transfer to Gox. BTC price at the time: $3.\n\nI had initiated the transfer on a Tuesday evening after work. I was informed that the transfer would arrive at Gox on Friday.\n\nI watched agonizingly as the price climbed hour after hour, day after day. $3.50. $4. $5. $6. I was missing the boat!!! By Thursday evening the price had doubled.\n\nAt work on Friday, I checked my email on my phone practically every five minutes. The transfer didn\'t go through the entire work day. I had plans with friends that evening - damn it, I was going to have to try and do this on my phone while hanging with my friends?!\n\nI ended up making my first BTC purchase while sitting in a movie theater. I bought 50 Bitcoin for $10 each - during an all-time-high.\n\nI still hodl every one of these coins today.\n\n(The movie, for the curious: X-Men: First Class)\n\nI couldn\'t stop there, though. The more I learned, the more I had to know. The more I had to DO. That\'s when I got into GPU mining.\n\nThis was a time before ASICs. I believe GPU mining was relatively new -- before this, miners were only using CPUs (which were in 2011 -- like GPUs in 2020 -- obsolete for SHA256 mining).\n\nThe next day I dove headfirst into Bitcoin mining. I downloaded the software and set up an account on Slush Pool. I ran my 5970 on full blast for a while and went out with some friends. When I got back, my bedroom was noticeably hotter than it was when I left. So that\'s what I was going to be dealing with? Ok, fine.\n\nI also couldn\'t play any demanding video games while the miner was running. I\'d have to dial the hashrate down, or disable it completely. Ok, I guess I can manage that.\n\nAfter a few days of dealing with that, I decided to buy another 5970. If I got bored of Bitcoin, it would still make The Witcher 2 run better!\n\nAll told, between mining with Slush Pool and BTCGuild for a month, I managed to mine an additional 50BTC that month.\n\nI still hodl every one of these coins today.\n\nOne day, my electric bill came. $350. For my 1BR apartment? That can\'t be right...\n\nI called up the electric company and told them they double-billed me.\n\n"Nope, that amount is accurate. That\'s what you owe for this month. Have a nice day!"\n\nAnd that was the day I stopped Bitcoin mining.\n\nI had been telling all my friends and gamer friends about Bitcoin the entire time. They laughed at me. I told them they wouldn\'t be laughing when I was a millionaire.\n\nSoon after, Bitcoin crashed -- HARD. Dropping from $32 at its peak to $2 over the next few months -- one of the largest price drops in its history.\n\nI was dejected. I stopped talking about it with my friends. The gamer communities I was a member of made fun of me relentlessly, trashing Bitcoin every day. News articles celebrating Bitcoin\'s death popped up everywhere. It was the first major public crash, and I felt all alone.\n\nI uninstalled the Bitcoin price widget from my phone. I moved on with my life and tried to forget about Bitcoin. I left the wallet on my PC, but deleted my copy of the blockchain.\n\nI barely thought about Bitcoin for the next two years. Any time someone brought it up at work or in my friend group, I changed the s... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['You can’t blame Americans for being eager to receive their stimulus money: With a weakening economic recovery and an out-of-control pandemic, the direct payments includedin the $900 billion stimulus package signed into law by President Donald Trump on Dec. 20are literally a lifeline for millions of Americans.\nThat $900 billion economic aid package set aside money to send most Americans a $600 stimulus check—down from the $1,200 checks sent by the CARES Act passed in March and less than the $2,000 sought by Congressional Democrats and later, President Trump. The bill also brings back weekly enhanced federal unemployment benefits for the more than19 million Americans still on unemployment benefit rolls.These enhanced benefits will pay out $300 per week, on top of state benefits, for up to 11 weeks.\nWe know the aid is coming, but when? Here isFortune‘s guide.\nAmericans started to receive their $1,200 stimulus checks two weeks after the signing of the CARES Act in March. But this go-around, the U.S. Department of the Treasury sped up the process andstarted to deposit $600 checks on Tuesday—just nine days after Trump signed the bill into law.\nTaxpayers\xa0who have their\xa0direct deposit information on file with the IRS will receive their payments by direct deposit.The IRS started sending those direct deposits on Tuesday, and will continue to send those through next week.\nThe rest of eligible Americans and resident aliens will receive their checks by mail. Those checks started to mail out on Wednesday, but it’s unclear how long paper checks will take to arrive.\nThe federal stimulus bill will send $600 checks to most adults, and $600 for each dependent child. However, the funds will phase out for people earning higher incomes. These stimulus checks will decrease for households with 2019 adjusted gross income—that is, federally taxable income—above $75,000 per individual or $150,000 per qualified couple. The checks completely phase out for individuals earning above $99,000, and joint filers with no children at $198,000.\nYou can find more details about your stimulus payment onthis IRS portal.\nThe $300 enhanced unemployment checks will be issued for the week ended December 27 through the week ending March 13. But the timetable for when the $300 unemployment payments actually start to deposit will vary by state.\nA few states, includingNew YorkandMinnesota, announced jobless residents on their unemployment rolls should start to get the $300 checks the week of Jan. 3, 2021. More states are expected to announce their timelines next week.\nThe good news? If states delay in sending out the $300 unemployment payments, the benefit will be back paid for the weeks ending between Dec. 27 and March 13. Americans who are eligible for the $300 enhanced unemployment benefits will eventually get it.\nThe CARES Act, which was passed in March,expanded eligibility for unemployment benefitsto include jobless part-timers, self-employed workers, freelancers, and independent contractors. These unemployed Americans covered through Pandemic Unemployment Assistance, along with anyone on traditional state unemployment rolls, will automatically get the new $300 weekly federal benefit.\nThose who qualify will get the additional $300 weekly, regardless of their previous wages. This is on top of their state unemployment insurance benefit. For example, a worker in New York who gets the maximum state benefit of $504 per week would receive a total of $804 per week.\n• When to expect$600 checks and $300 enhanced unemployment payments\n• A brief history ofBitcoin bubbles\n• From Bitcoin to Asian tech stocks, these arethe biggest winners and losers of the 2020 global markets\n• The biggestbusiness scandalsof 2020\n• Under Biden, expectmore scrutiny of Big Tech and mergers\nThis story was originally featured onFortune.com', 'You can’t blame Americans for being eager to receive their stimulus money: With a weakening economic recovery and an out-of-control pandemic, the direct payments included in the $900 billion stimulus package signed into law by President Donald Trump on Dec. 20 are literally a lifeline for millions of Americans. That $900 billion economic aid package set aside money to send most Americans a $600 stimulus check—down from the $1,200 checks sent by the CARES Act passed in March and less than the $2,000 sought by Congressional Democrats and later, President Trump. The bill also brings back weekly enhanced federal unemployment benefits for the more than 19 million Americans still on unemployment benefit rolls. These enhanced benefits will pay out $300 per week, on top of state benefits, for up to 11 weeks. We know the aid is coming, but when? Here is Fortune ‘s guide. When to expect your $600 stimulus check Americans started to receive their $1,200 stimulus checks two weeks after the signing of the CARES Act in March. But this go-around, the U.S. Department of the Treasury sped up the process and started to deposit $600 checks on Tuesday —just nine days after Trump signed the bill into law. Taxpayers\xa0who have their\xa0direct deposit information on file with the IRS will receive their payments by direct deposit. The IRS started sending those direct deposits on Tuesday , and will continue to send those through next week. The rest of eligible Americans and resident aliens will receive their checks by mail. Those checks started to mail out on Wednesday, but it’s unclear how long paper checks will take to arrive. Who is eligible for the $600 checks? The federal stimulus bill will send $600 checks to most adults, and $600 for each dependent child. However, the funds will phase out for people earning higher incomes. These stimulus checks will decrease for households with 2019 adjusted gross income—that is, federally taxable income—above $75,000 per individual or $150,000 per qualified couple. The checks completely phase out for individuals earning above $99,000, and joint filers with no children at $198,000. Story continues You can find more details about your stimulus payment on this IRS portal. When will $300 unemployment checks start going out? The $300 enhanced unemployment checks will be issued for the week ended December 27 through the week ending March 13. But the timetable for when the $300 unemployment payments actually start to deposit will vary by state. A few states, including New York and Minnesota , announced jobless residents on their unemployment rolls should start to get the $300 checks the week of Jan. 3, 2021. More states are expected to announce their timelines next week. The good news? If states delay in sending out the $300 unemployment payments, the benefit will be back paid for the weeks ending between Dec. 27 and March 13. Americans who are eligible for the $300 enhanced unemployment benefits will eventually get it. Who is eligible for the $300 checks? The CARES Act, which was passed in March, expanded eligibility for unemployment benefits to include jobless part-timers, self-employed workers, freelancers, and independent contractors. These unemployed Americans covered through Pandemic Unemployment Assistance, along with anyone on traditional state unemployment rolls, will automatically get the new $300 weekly federal benefit. Those who qualify will get the additional $300 weekly, regardless of their previous wages. This is on top of their state unemployment insurance benefit. For example, a worker in New York who gets the maximum state benefit of $504 per week would receive a total of $804 per week. More must-read finance coverage from Fortune : When to expect $600 checks and $300 enhanced unemployment payments A brief history of Bitcoin bubbles From Bitcoin to Asian tech stocks, these are the biggest winners and losers of the 2020 global markets The biggest business scandals of 2020 Under Biden, expect more scrutiny of Big Tech and mergers This story was originally featured on Fortune.com', 'Bitcoin , BTC to USD, rose by 1.42% on Friday. Following on from a 0.18% gain on Thursday, Bitcoin ended the day at $29,349.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $28,716.0 before making a move. Steering clear of the first major support level at $27,902, Bitcoin rose to an early morning high $29,488.0. Falling short of the major resistance levels, Bitcoin fell back to sub-$29,000 levels. Finding support through the late morning, however, Bitcoin struck a mid-day intraday high and a new swing high $29,620.0. Coming within range of the first major resistance level at $29,631, Bitcoin slid back to $28,700 levels. A late move back through to $29,300 levels delivered the upside for the day, however. The near-term bullish trend remained intact, supported by the latest breakthrough to $29,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $13,787 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Polkadot slid by 11.83% to lead the way down. Bitcoin Cash SV (-0.80%), Cardano’s ADA (-3.44%), and Ethereum (-0.94%) also struggled. It was a bullish day for the rest of the majors, however. Ripple’s XRP and Chainlink rallied by 8.23% and by 5.50% respectively to lead the way. Binance Coin (+1.05%), Crypto.com Coin (+2.43%), and Litecoin (+1.70%) saw relatively modest gains on the day. In the current week, the crypto total market cap fell to a Tuesday low $678.76bn before rising to an early Friday high $783.43bn. At the time of writing, the total market cap stood at $760.80bn. Bitcoin’s dominance fell to a Monday low 69.13% before rising to a Friday high 71.64%. At the time of writing, Bitcoin’s dominance stood at 71.44%. This Morning At the time of writing, Bitcoin was down by 0.66% to $29,155.0. A mixed start to the day saw Bitcoin rise to an early morning high $29,351.4 before falling to a low $29,000.0. Bitcoin left the major support and resistance levels untested early on. Story continues **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: 2021-01-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,588,339,093 - Hash Rate: 139613208.60028157 - Transaction Count: 297111.0 - Unique Addresses: 711719.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It has been an eventful year, to say the least. In terms of blockchain and crypto, we saw several key developments: the halving of Bitcoin, liquidity mining and the explosive growth of several decentralized finance (DeFi) applications, stronger tools for blockchain interoperability and much more. As 2021 begins and the globe slowly eases its way out of the COVID-19 pandemic and associated market fluctuations, I look forward to seeing even more growth in the innovation, widespread use and diverse impacts of blockchain technologies. The space is becoming simultaneously more complex and more accessible, broadening the horizons for what the crypto community can achieve in building decentralized, user-first financial systems. This post is part of CoinDesk’s 2020 Year in Review – a collection of op-eds, essays and interviews about the year in crypto and beyond. Paul Veradittakit is a partner at Pantera Capital. On last year’s predictions Related: Here Comes the Open Lending Era Here is a review of my predictions from last y ear . Along with a summary of how that space or trend fared in 2020, I’ve included an accuracy rating to assess how well the prediction held up, with one being least accurate and five being most accurate. See also: Pantera Partner Paul Veradittakit’s Crypto Predictions for 2020 We’re reaching some significant inflection points in areas from retail adoption, to nationalized digital currencies, to faster blockchain technologies Diem (formerly Libra)/Novi (formerly Calibra) Given Diem’s eventful (in the regulatory sense) public reveal in 2019, I expected 2020 to be an equally exciting year for Facebook’s project in terms of developing a reputation, fighting key regulatory battles and beginning to build up adoption. On the contrary, Diem’s launch was delayed and it stayed predominantly under the public radar throughout 2020. Related: Camila Russo on Building The Defiant and the Future of DeFi Story continues In April, the association announced it would make key modifications to its architecture to address some of the main regulatory concerns brought against it. The governing association also renamed the project from Libra to Diem, and the wallet was renamed from Calibra to Novi. Most recently, key individuals in the initiative claimed that the platform could launch as early as January 2021. Even if Diem didn’t catch the public eye as much in 2020, it definitely made some key developments behind the scenes. Additionally, with the groundbreaking federal antitrust lawsuit against Facebook, Instagram and WhatsApp, the project is likely to get significantly more attention in the months ahead. Bitcoin halving Bitcoin’s halving from a block reward of 12.5 BTC to 6.25 BTC in May of this year certainly garnered a lot of widespread attention, but the exact effect of the halving event on the price of bitcoin is still ambiguous. There was a muted reaction to the halving event: A few days after, the price even dropped a little. Some experts proposed the halving had been “priced in” in the months leading up to it. In other words, because investors expected bitcoin’s price to appreciate the price naturally inflated before the halving event, making the exact change following the event less noticeable. Even if not immediate, the halving certainly had a major effect on the long-term outlook for bitcoin and the macro narrative that has since dominated the dialogue with traditional investors on bitcoin’s potential. See also: Bitcoin Halving, Explained Gaming Unfortunately, in 2020 we didn’t see that many new developments in the blockchain space for gaming, and certainly not many public facing launches. Many game developers still face a great deal of technical friction in terms of building on chain, due to its complexity and often slow runtime. Still, the interest in the concept has not subsided. Many game creators are exploring how non-fungible tokens (NFTs) can be used as valuable digital assets in games. Several studios, including Pixelmatic, Ubisoft and Atari have all claimed that blockchain technologies could play important roles in their games in the future, and are beginning to actively explore the concept. As of today, one of the most promising and well-known blockchain games is The Sandbox , a game kind of like Minecraft where users can monetize digital assets via the blockchain. The Sandbox has already announced partnerships with major game developers including Atari and Square Enix. DeFi growth If nothing else, 2020 was the year of DeFi. One of the biggest trends of the year, undoubtedly, was liquidity mining. To keep it simple, liquidity mining is essentially where users supply their own assets as liquidity to a protocol in exchange for a protocol’s governance token. Over time, due to lots of interest, this governance token increases in value, often generating immense returns for liquidity-supplying users and incentivizing them to keep supporting the DeFi protocol. This year governance tokens for Compound, Balancer, Yearn.Finance and many more launched and exploded in value. Further, the value generated for these platforms’ liquidity suppliers was around 100%-200% APR. In January, a grand total of $1 billion was locked into DeFi platforms collectively. In August, it peaked at US $15 billion . Interestingly, MakerDAO continues to be the platform with the most value locked in, though that first-place position was usurped several times over the year by Compound and other platforms. Users are beginning to reap the benefits of a decentralized, community-owned financial system. We’ll likely see this excitement and rapid growth continue through 2021. Central bank currencies The COVID-19 pandemic had, and is continuing to have, a massive economic impact on several of the world’s largest economies. It has also raised some serious doubt about the government’s competence and intentions in its economic policy and highlighted some key concerns and difficulties with the efficiency of our existing economic system. While we may have not seen any significant launches in central bank digital currencies (CBDC) in 2020, the space definitely saw a lot more interest as more governments, banks and research institutions explore how crypto can enhance our financial system. China’s central bank is working on a digital currency pilot, which has seen over 4 million transactions and 2 billion yuan in gross volume. In October, several financial institutions including the Bank of Canada, the Bank of England, the European Central Bank and the U.S. Federal Reserve collectively published a report outlining the key features necessary in a successful, feasible CBDC. The Federal Reserve also has been actively working towards the development of a digital dollar . See also: Marcelo Prates – Central Banks Had to Up Their Money Game This Year – And They Did Infrastructure and Web 3.0 This year saw the launches and announcements of several key infrastructural projects within the blockchain space that will enable a great diversity of decentralized applications in the future. One of the year’s largest was the public launch of the Alchemy API , which positions itself as the AWS of blockchain. It’s building infrastructure that makes it simple to manage and build on top of Ethereum nodes and currently powering $7.5 billion in on-chain transactions annually. Other Web 3.0 infrastructure tools include the Keep protocol , which provides developers with off-chain storage for dapps; API3 , which works with the API ecosystem to build blockchain-native oracles and bring the massive returns of DeFi and dapps to API providers; and the Oasis Protocol , which builds blockchain-enabled tools to help developers securely analyze data and guarantee user privacy. Given the generally growing interest in decentralized applications overall, I hope to see more developers take advantage of these technologies to reduce the complexity of building dapps and expanding their use cases. Regulatory hurdles In general, throughout 2020 we saw less public attention and debate on regulating crypto, likely because government financial institutions were likely focused on other areas (rightly so), due to the implications of the pandemic. However, several government agencies made key regulatory actions throughout 2020 that demonstrate how they are thinking more seriously about cryptocurrency and the role it plays in the modern American economy. In 2020 , the Securities and Exchange Commission (SEC) charged crypto firms roughly $40 million in penalties, while the Commodity Futures Trading Commission (CFTC) charged crypto firms roughly $9 million in penalties, an all-time high for the latter. Most of these sanctions and penalties are targeted around initial coin offerings (ICOs) and gray areas around whether certain tokens should be deemed securities or commodities. Some of the most prominent developments from this year include the SEC’s proposed safe harbor for crypto entrepreneurs, the CFTC’s case against Abra for selling security-based swaps to investors without listing them on a recognized national exchange and the CFTC’s case against BitMex for offering illicit crypto services to their users. Looking ahead Here are seven areas where I expect to see lots of promising innovation and growth throughout 2021. Bitcoin will continue to grow immensely in value and popularity, as the original flagship cryptocurrency. Bitcoin started the year hovering at a price of $7,000 and climbed to fresh all-time highs above $23,000. Payment giants like PayPal and Square are making it easy for everyday users to purchase bitcoin and institutional investors are showing more interest than ever. Following a 90% growth in price in 2019 and a whopping 170% growth in price in 2020, I look forward to seeing bitcoin grow in value even more and become more widely used. Governments will be exploring central bank digital currencies more seriously, and we may see a launch in 2021. As mentioned above, several governments ... - Reddit Posts (Sample): [['u/Zamusek', 'If "1BitcoinIsMyLifeGoal" messages you asking to trade BTC, do NOT trust him', 29, '2021-01-02 00:12', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/', "He scammed me of 0.003 BTC, so yeah don't give him any of your bitcoin. I was stupid to trust him with a name like that I just wanted to get the money in my bank so bad\n\nEdit: Erdogentalk sent me £5 in BCH so it isn't all bad 😌👍what a nice guy", 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/', 'kolf8j', [['u/keepbanninme', 51, '2021-01-02 00:37', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/ghru4t4/', 'I can’t believe people keep trusting randoms who message them on fucking Reddit', 'kolf8j'], ['u/hous26', 14, '2021-01-02 00:46', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/ghrv321/', 'Sorry man. $85 USD lesson. Could be A LOT worse.', 'kolf8j'], ['u/irresponsible_owl', 22, '2021-01-02 01:27', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/ghrzi97/', "If *LITERALLY ANYONE* messages you asking to trade BTC, *DO NOT TRUST THEM*.\n\nThere's no reason to single out any individual scammer here, anyone who sends you an unsolicited message suggesting a transaction that involves you sending them BTC, it's a scam 100% of the time.\n\nYou are stupid to trust *anyone* who does this, regardless of their name or the story that they tell you.", 'kolf8j'], ['u/Narco105', 11, '2021-01-02 05:23', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/ghsov2n/', 'Lmao seriously. Some people need to be controlled by banks otherwise they’d lose all of their money', 'kolf8j'], ['u/SlapItOrGrabIt', 16, '2021-01-02 05:44', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/ghsr2xh/', 'Man that sucks... if you give me .003 bitcoin I’ll track them down for you.', 'kolf8j'], ['u/skutterbrain', 11, '2021-01-02 07:00', 'https://www.reddit.com/r/Bitcoin/comments/kolf8j/if_1bitcoinismylifegoal_messages_you_asking_to/ghsxv9b/', "God you're dumb", 'kolf8j']]], ['u/bawdyanarchist', 'Another Fundraising Round For Cross-Chain Atomic Swaps?', 26, '2021-01-02 00:31', 'https://www.reddit.com/r/Monero/comments/kolrqv/another_fundraising_round_for_crosschain_atomic/', "Given the recent events, I would like to propose an idea. That we have another CCS to expedite implementation of cross-chain atomic swaps. Specifically, I would like to fund the version that doesn't depend on Schnorr, because I don't think we should count on that (although I really hope it arrives sooner than later). \n\nFor those that aren't aware, the current funded implementation is focusing on integration with Schnorr, because it reduces complexity and transaction size requirement. This is a wise long term solution, but medium term (9-18 months) has the potential to leave us without an implementation, if Bitcoin delays activation.\n\nMy only real question is, does throwing more money at this realistically make it happen faster? I know there's a derth of capable cryptographers and blockchain coders in the real world. As a mere script kiddie, I'm not sure how much I can personally do to help this along, other than donate more money. What do yall think?", 'https://www.reddit.com/r/Monero/comments/kolrqv/another_fundraising_round_for_crosschain_atomic/', 'kolrqv', [['u/sech1', 16, '2021-01-02 01:46', 'https://www.reddit.com/r/Monero/comments/kolrqv/another_fundraising_round_for_crosschain_atomic/ghs1jks/', '&gt; if Bitcoin delays activation. \n\n"If", haha you just made me laugh. I don\'t expect anything happen in Bitcoin at all. We shouldn\'t count on Schnorr ever being available in Bitcoin. They\'re pretty occupied with numbers go up game. BCH however does have Schnorr and can be a decentralized on-ramp for Monero. I\'m even starting to like BCH now.', 'kolrqv']]], ['u/throwitintheair22', 'How “easy” is it to hack someone’s social media account?', 24, '2021-01-02 00:55', 'https://www.reddit.com/r/socialmedia/comments/kom807/how_easy_is_it_to_hack_someones_social_media/', 'We have all seen celebrities get their Twitter or Instagrams hacked. I mean really hacked. Not when they tweet something stupid and then claim they were hacked later. One example I can think of when Obama, Elon Musk and a bunch of other accounts tweeted out to send Bitcoin to them. \n\nI just saw a friend of mine get hacked as well. He has a decent youtube and Twitter following and someone hacked his account and deleted all of his tweets, posted personal DMs, etc etc.\n\nI know I keep rambling on, but is it THAT easy to hack somebody? I have two factor verification on basically all of my accounts (gmail, bank accounts, crypto, Facebook, Twitter, Instagram, etc.) but can hackers really bypass these things that easily? It seems like it.', 'https://www.reddit.com/r/socialmedia/comments/kom807/how_easy_is_it_to_hack_someones_social_media/', 'kom807', [['u/josiekshesok', 26, '2021-01-02 01:16', 'https://www.reddit.com/r/socialmedia/comments/kom807/how_easy_is_it_to_hack_someones_social_media/ghrych1/', 'I listened to a podcast that did a pretty interesting ‘investigation’ on this (basically hired a hacker to attempt to get their coworkers hacked), it was insightful to learn the strategies they used with two factor authentication etc etc. It was episode 97 of the ReplyAll podcast, would recommend!', 'kom807'], ['u/throwitintheair22', 11, '2021-01-02 01:33', 'https://www.reddit.com/r/socialmedia/comments/kom807/how_easy_is_it_to_hack_someones_social_media/ghs055d/', 'Thanks! I’ll have to check that out!\n\nedit: I just finished listening to it. Interesting stuff! It seemed like the main way people hack is through phishing though. I wonder if there are other ways?\n\nJust kind of as a general rule of thumb. I never open links from emails for a log in. I always open a new tab and then log into my account from the official website.\n\nBut yeah, like they said on the podcast. I guess they can still trick you into clicking links / opening attachments if it looks like the email is coming from someone you know. \n\nGood listen!', 'kom807'], ['u/ivapelocal', 10, '2021-01-02 03:40', 'https://www.reddit.com/r/socialmedia/comments/kom807/how_easy_is_it_to_hack_someones_social_media/ghsdxhq/', 'What you (and everyone) needs to be watching for are Chrome extensions related to social media ads. For example, hackers running ads that say, "Get a 30% Ad Spend Credit by Signing Up...", you sign up and they grab your cookies and session info, and device specs, and add someone to your FB business manager. If you don\'t catch it they will run up your ad spend big time. \n\nWe had this happen earlier this year. They spent $60k but we got it back in about 48 hours. I\'m still seeing them running ads to this day. \n\nAs far as other types of hacks, I don\'t know anything about the subject.', 'kom807']]], ['u/lemineftali', 'My girlfriend left me a year ago because she though I was in a Bitcoin cult—and therefore completely financially irresponsible. True story.', 89, '2021-01-02 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/kom9we/my_girlfriend_left_me_a_year_ago_because_she/', 'With Bitcoin hitting all time highs as we transition into 2021, I wanted to share my “Bitcoin ruined my relationship” story with you guys. Maybe you will appreciate it, at least.\n\nI met a woman in early 2017 while taking post-graduate classes. While I admit I was a bit apprehensive of her at first, over time she warmed on me—until she simply became my best fucking friend on earth. You know what it’s like when someone totally accepts you, and loves you, and wants to spend every second with you. \n\nYes, it was like that. \n\nAnd any man or woman alive who has also had this knows exactly how it makes you feel. It’s like the world is covering you kisses. It feels like god is rubbing your tummy. People who love you like this can be a grounding force in your life, and something about our connection just made me feel so alive, giving me strength at times I simply couldn’t have found anywhere else. There just something magic about having someone you can’t wait to go home and share your day with. \n\nAnd I had that. We had that. \n\nBut my girlfriend was so stressed. Holy shit, she was so stressed. About what? Money. Money, man. Dear god, her anxiety would sing like siren. And I got it, loud and clear. \n\nForgive me, this is going to be a long story. \n\nYou see I grew up pretty poor, as did she. But at some point in her life she had married up into the Nordstrom family. Yes. That Nordstrom. \n\nAs you can imagine, going from growing up in a small rural home with a barn to traveling in private planes is quite the life upgrade. I don’t want to share too much about the details of this relationship, but suffice it to say she managed to get her three kids through college, which was literally all she wanted. \n\nWhen I met her, she was exhausted. In process of divorce. The marriage, even with all the wealth, the Ferrari’s, the vineyards, etc—it just wasn’t worth it to her anymore. She often said she just felt like just rolling over and dying once all her children grew up and moved on. Empty nest syndrome. For real. \n\nAnd that’s about the time we met.\n\nThe journey of falling in love with someone happens slowly—but brilliantly. At first it was just us talking after classes. And then it was car rides. And then she was hanging out at my house, and I hers. And then over the months, we just absolutely fell in love. I mean we LOVED each other. And we went everywhere together, did amazing things. I loved her kids and her other family, and she loved mine. Loved to travel. Loved to go out in nature together. Loved to take mushrooms and ecstasy and stay up all night h... 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 folks at Deribit apparently think the recent explosion in the price of bitcoin (BTC) from $20,000 to around $32,000 in just over a month, including a 10% rise in the last 24 hours, merits offering traders the ability to bet on a rally to $200,000 by late December. That supersedes the $160,000 option as the most traders can bet where the leading cryptocurrency will rise. Even with today\x92s wild ride for bitcoin there have been no takers at any strike north of $80,000. See also: Bitcoin Worth $1B Leaves Coinbase as Institutions \x91FOMO\x92 Buy: Analyst Related Stories Bitcoin Options on Deribit Now Go to $200K After Recent Surge Bitcoin Options on Deribit Now Go to $200K After Recent Surge Bitcoin Options on Deribit Now Go to $200K After Recent Surge Bitcoin Options on Deribit Now Go to $200K After Recent Surge', 'The folks at Deribit apparently think the recent explosion in the price of bitcoin (BTC) from $20,000 to around $32,000 in just over a month, including a 10% rise in the last 24 hours, merits offering traders the ability to bet on a rally to $200,000 by late December.\n• That supersedes the $160,000 option as the most traders can bet where the leading cryptocurrency will rise.\n• Even withtoday’s wild rideforbitcointhere have been no takers at any strike north of $80,000.\nSee also:Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge', 'The folks at Deribit apparently think the recent explosion in the price of bitcoin (BTC) from $20,000 to around $32,000 in just over a month, including a 10% rise in the last 24 hours, merits offering traders the ability to bet on a rally to $200,000 by late December.\n• That supersedes the $160,000 option as the most traders can bet where the leading cryptocurrency will rise.\n• Even withtoday’s wild rideforbitcointhere have been no takers at any strike north of $80,000.\nSee also:Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge\n• Bitcoin Options on Deribit Now Go to $200K After Recent Surge', 'Bitcoin , BTC to USD, surged by 9.65% on Saturday. Following on from a 1.42% gain on Friday, Bitcoin ended the day at $32,183.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $29,000.0 before making a move. Steering clear of the first major support level at $28,837, Bitcoin rallied to an early evening intraday high $33,292.0. The day-long rally saw Bitcoin break through the day’s major resistance levels to hit a new swing hi and all-time high before easing back. In spite of a pullback to $32,100 levels, Bitcoin avoided a fall back through the third major resistance level at $31,036. The near-term bullish trend remained intact, supported by the latest breakthrough to $33,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $15,190 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Ripple’s XRP slid by 7.16% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Crypto.com Coin and Litecoin rallied by 10.53% and by 8.38% to lead the way, with Ethereum rising by 6.06%. Binance Coin (+1.18%), Bitcoin Cash SV (+2.55%), Cardano’s ADA (+1.31%), Chainlink (+2.85%), Polkadot (+1.43%) and saw relatively modest gains on the day. In the current week, the crypto total market cap fell to a Tuesday low $678.76bn before surging to a Saturday high $866.00bn. At the time of writing, the total market cap stood at $830.22bn. Bitcoin’s dominance fell to a Monday low 69.13% before rising to a Saturday high 72.92%. At the time of writing, Bitcoin’s dominance stood at 72.62. This Morning At the time of writing, Bitcoin was up by 0.82% to $32,447.9. A mixed start to the day saw Bitcoin fall to an early morning low $31,975.0 before rising to a high $32,501.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (+0.28%), Ethereum (+0.50%), and Litecoin (+0.54%) joined Bitcoin in the green, with Bitcoin Cash SV flat. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was down by 7.52% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $31,492 to bring the first major resistance level at $33,983 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $33,292.0. Barring an extended crypto rally, the first major resistance level and resistance at $34,000 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $35,784. Failure to avoid a fall through the $31,492 pivot would bring the first major support level at $29,691 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$29,000 levels. The second major support level sits at $27,200. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Forex Technical Analysis – 102.886 is Trigger Point for Acceleration to Downside U.S Mortgage Rates Rise in the Final Week of the Year AUD/USD Forex Technical Analysis – Nearest Support .7649, Next Upside Target .7812 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 2nd, 2021 COVID-19 Vaccine Update – The WHO Authorizes the Use of the Pfizer Inc. Vaccine US Stock Market Overview – Stock Close the Year on an Up Note', 'Bitcoin, BTC to USD, surged by 9.65% on Saturday. Following on from a 1.42% gain on Friday, Bitcoin ended the day at $32,183.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $29,000.0 before making a move.\nSteering clear of the first major support level at $28,837, Bitcoin rallied to an early evening intraday high $33,292.0.\nThe day-long rally saw Bitcoin break through the day’s major resistance levels to hit a new swing hi and all-time high before easing back.\nIn spite of a pullback to $32,100 levels, Bitcoin avoided a fall back through the third major resistance level at $31,036.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $33,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $15,190 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nRipple’s XRPslid by 7.16% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com CoinandLitecoinrallied by 10.53% and by 8.38% to lead the way, withEthereumrising by 6.06%.\nBinance Coin(+1.18%),Bitcoin Cash SV(+2.55%),Cardano’s ADA(+1.31%),Chainlink(+2.85%), Polkadot (+1.43%) and saw relatively modest gains on the day.\nIn the current week, the crypto total market cap fell to a Tuesday low $678.76bn before surging to a Saturday high $866.00bn. At the time of writing, the total market cap stood at $830.22bn.\nBitcoin’s dominance fell to a Monday low 69.13% before rising to a Saturday high 72.92%. At the time of writing, Bitcoin’s dominance stood at 72.62.\nAt the time of writing, Bitcoin was up by 0.82% to $32,447.9. A mixed start to the day saw Bitcoin fall to an early morning low $31,975.0 before rising to a high $32,501.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nChainlink (+0.28%), Ethereum (+0.50%), and Litecoin (+0.54%) joined Bitcoin in the green, with Bitcoin Cash SV flat.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was down by 7.52% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $31,492 to bring the first major resistance level at $33,983 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $33,292.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $34,000 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $35,784.\nFailure to avoid a fall through the $31,492 pivot would bring the first major support level at $29,691 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$29,000 levels. The second major support level sits at $27,200.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Forex Technical Analysis – 102.886 is Trigger Point for Acceleration to Downside\n• U.S Mortgage Rates Rise in the Final Week of the Year\n• AUD/USD Forex Technical Analysis – Nearest Support .7649, Next Upside Target .7812\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 2nd, 2021\n• COVID-19 Vaccine Update – The WHO Authorizes the Use of the Pfizer Inc. Vaccine\n• US Stock Market Overview – Stock Close the Year on an Up Note', 'Another day, another $1,000-plus increase in bitcoin’s price, bringing the leading cryptocurrency’s combined gains this new year to about $5,000.\n• The price ofbitcoinsurged past $34,000 for the first time ever early Sunday morning Eastern time, extending a record-setting holiday rally and adding an immediate exclamation point to the Bitcoin Network’s 12-year anniversary.\n• Once the price of the leading cryptocurrency crossed the $30,000 mark for the first time Saturday – something it had struggled to do for the previous couple **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: 2021-01-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,588,339,093 - Hash Rate: 146085344.09830785 - Transaction Count: 359116.0 - Unique Addresses: 812749.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: AstraZeneca plc (NYSE: AZN ) has received the regulatory nod to conduct clinical trials of its COVID-19 vaccine in Chile and Peru, Reuters reported Wednesday. What Happened: Chile’s President Sebastian Pinera said that his nation’s health regulator had approved the British company’s vaccine trial, according to Reuters. According to Pinera, the clinical trial of Johnson & Johnson (NYSE: JNJ ) COVID-19 vaccine candidate is already underway and the doses of Sinovac’s vaccine arrived in the country on Wednesday. Peru announced that trials of Johnson and Johnson and AstraZeneca vaccines would begin next week, according to Reuters. The country had withdrawn a deal to purchase AstraZeneca’s vaccine two weeks ago as the company did not provide data on its vaccine studies. Why It Matters: Pinera also disclosed that Chile had signed up for 7.6 million doses of vaccine through the World Health Organization-led COVAX initiative. The World Bank is supporting COVAX and WHO’s efforts and has pledged billion in financing for developing countries to purchase and distribute COVID-19 vaccines, tests, and treatments. The United Kingdom-based AstraZeneca already has deals for the production and supply of its COVID-19 vaccine with multiple Latin American countries. Price Action: AstraZeneca shares closed nearly 6.5% higher at $55.04 on Wednesday and gained 0.11% in the after-hours session. See more from Benzinga Click here for options trades from Benzinga B Bitcoin Linked To FBI-Seized Darknet Market Silk Road Is On The Move After 5 Years: Report Trump Declares Victory Ahead Of Results From Key States © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/PunchingArianaGrande', "The Only Woman I've Ever Loved was my Former English Teacher in a Dream", 52, '2021-01-03 00:23', 'https://www.reddit.com/r/Bombstrap/comments/kp8c0y/the_only_woman_ive_ever_loved_was_my_former/', "My Day at the Zoo\n\nIt was just bright enough to see the animals, and just dark enough to not be seen by the staff. 7pm in the zoo. I had timed it perfectly, waiting for the zookeeper to walk to the next enclosure, and for the other visitors to move on with him. Now I was alone, and the rhinos were approaching the railing where I stood. I jumped up onto it, my ass hanging over the bar, 6 feet above the ground. I pulled down my trousers and my underpants. Hot shit slipped out of my ass, dropping with a splat onto the pile of rhino dung. Steam rose from the pile into the cool night sky. More shit plopped from my gaping ass into this same spot, splat splat splat, as the rhinos looked up at me with indifference. Stupid beasts I thought, such big horns and no sense of dignity. I continued to shit, but eventually became bored, and climbed down from the railing, pulling my trousers up as I did. I took one last look at the rhinos before I moved on. Two of them were staring mindlessly at the dung, while another was slowly trundling away. I walked away, and reached the chimpanzee enclosure.\n\n\nAgain I was alone. I peered into the glass, but could see no monkeys. I pressed my face against the glass, cupping my hands around my eyes, and squinted hard. Finally I saw one. I gestured to him “come here monkey, over here to the glass” with my hand, and reached into my coat pocket. When he arrived at the glass, I produced a cigarette, which I offered to him. He nodded, and I slipped the cigarette through a hole in the glass, which he carefully took into his mouth. I got out a cigarette for myself, and lit it with my lighter, taking a long drag before exhaling, blowing the smoke onto the glass. The monkey produced a set of matches from his fur, striking one against the glass and inhaling deeply while it ignited his cigarette, before blowing a cloud against the glass, just as I had. He shook the match to extinguish the flame, before taking the cigarette from his mouth, thumbing it thoughtfully as he leaned back, observing me as I enjoyed my own. A small chimp waddled over and looked up at the monkey; his son. He gave him a gentle pat on the head as he returned the cigarette to his lips, looking up at the evening sky, taking a deep drag as he watched the first stars of the night come into view from behind the clouds. With great ease he blew the smoke again from his mouth, and I watched it rise slowly, swirling and dancing in the gentle breeze, before dissipating completely. I too took a deep drag from my cigarette.\n\nThe small chimp was looking at me with wide black eyes. I looked up and blew black rings into the sky, then watched as the chimp stared up at the rings, the twinkling stars above reflecting in the deep dark pools of his eyes. His father joined me, and together we blew smoke rings into the sky, creating a spectacle, with small rings floating gently through larger rings, our rings joining and intertwining, passing through one another before emerging in new shapes, and disappearing again. We inhaled and exhaled deeply with skill and care, both of us responding to each other's moves and tricks, not in competition but in unison, as we let the crisp air flow through our lungs. Finally, we each blew a single ring which joined with the other, creating the symbol of infinity, which rose out of view without dissolving as the others had. The little chimp had fallen asleep. The monkey took his cigarette between two fingers, noticing it was almost completely spent, and took a final drag before tapping the ash into a small pile of stones, picking up his child, and extinguishing the stub with his foot. I did likewise, and we parted ways.\n\nThe zoo was closing, the last visitors walking slowly out as a contented murmur hung in the air. I walked through the turnstiles, and towards the orange glow of the filament bulb lamps which lined the street outside. A small crowd joined me at the bus stop, where I waited for 4 minutes before climbing on, dropping my change into the machine and taking my usual window seat in the middle row, downstairs. I sat and watched as we passed the usual traffic. The voice announced my stop, and I departed, taking a moment to look up at my apartment on the 14th floor, where the lights were on. I noticed a silhouette at the window, but it soon moved past. In the elevator up, muzak was playing.\n\nInside the apartment there was a smell of stir fry chicken with soy sauce, and I felt my mouth watering. That smells good, I said. My girlfriend Lindsey was inside the kitchen, but she didn't hear me. I repeated myself as I walked into the kitchen to join her. That smells good. I walked behind her chair and placed both hands on her shoulders, and she leaned her head back, smiling up at me. I bent down to kiss her and pushed my tongue into her mouth, savouring the kiss for fifteen seconds. She leaned back and continued her meal. I hope you like it, she said. It's your favourite after all. Yes, it does smell good, I said. I sat down opposite her and leaned forward for another kiss, and as our lips met I pushed my tongue into her mouth. I sat back and began to eat, the rich flavour of the soy sauce and the tender chicken teasing and tingling my taste buds. When I was finished I walked to the freezer, picking up a carton of lemon sorbet, which I took out on to the balcony, thanking Lindsey for the meal. I sat in the straw chair and she joined me, with a single spoon, and sat on my lap. We stared out at the skyline of the city, talking together and sharing the sorbet. It was ice cold and tangy, a refreshing dessert after the richness of the dinner. The conversation was similarly sharp.\n\nWe discussed literature, classical music, French cinema, and politics. Finally, at 11pm, we retired to the bedroom. Just before turning off the lights, she told me about her day. She works at a hospital, and today, two strange things had happened. A woman came into the emergency room with contusions on her neck, and two broken ankles. She had attempted to hang herself from a tree, but was too heavy, and the branch on which she had tied the rope had snapped. She had landed on her ankles and they both buckled under her considerable weight. Lindsey told me this woman's name. The second strange thing that had happened, involved herself. On the way to work, at the tram stop, she had given a homeless man some change. Later that day he arrived at the hospital, having stepped in front of the tram. She found no change in his pockets, but a small bag of crack. The homeless man was former president Bill Clinton.\nLindsey began to cry. I kissed her, pushing my tongue into her mouth, and fell asleep.\n\nIf I was to marry my former English teacher, we would be very happy in love. We would walk around holding hands and sometimes I would write stories for her, which she could grade and give me feedback on. Happy 2021 fellas keep stretching and twisting and don't forget to let rip a fat fart next time you're on public transport with sexy stupid teens... Give them a taste of reality (shit).\n\nI remember 2016 2017 MDE &amp; MDB schizoposting. Now those were real men. I was so brainwashed and weak and stupid and cowardly and pathetic and spiteful but my schizoposts were really at their best ever level. Thankfully now I'm just balding and aimless, don't worry though I'm doing a good postgraduate degree and soon I'll be unemployed with meagre savings. My old idea that I might still do with my savings from wageslaving cleaning construction worker shit off of toilet seats is to go to an Eastern European country, or maybe just Amsterdam, pay for a hooker and film her. I could write a script for her to read naked I bet, and I could have her read me some chapters from my favourite books. I wonder what the hourly rate is, and how long it would take to read the Shadow of The Torturer? She could read the Jolenta / other girl parts and after every paragraph she could rub my shoulders and tell me she loves me. That's what I call money well spent.\n\nPlease share good altcoin recommendations, I've spent too long waiting for a BTC dip and I'm now on the verge of just FOMO'ing in with some chump change.\n\nPlease share your struggles over the past year in the comments and I will listen and respond just like old times when we were brothers, brothers with dreams.", 'https://www.reddit.com/r/Bombstrap/comments/kp8c0y/the_only_woman_ive_ever_loved_was_my_former/', 'kp8c0y', [['u/Falv', 29, '2021-01-03 00:47', 'https://www.reddit.com/r/Bombstrap/comments/kp8c0y/the_only_woman_ive_ever_loved_was_my_former/ghvl34e/', 'I read this. \n\n\nBig vibes on the old MDE days. Miss the schizo posting and community, need a place to just chill with my brothers living in the wacko times', 'kp8c0y'], ['u/PunchingArianaGrande', 22, '2021-01-03 00:56', 'https://www.reddit.com/r/Bombstrap/comments/kp8c0y/the_only_woman_ive_ever_loved_was_my_former/ghvm3nc/', "Man those were comfy times. I enjoyed riding the wave of ecstacy and optimism in 2016, then having a place to screech when I was getting pummelled in 2017 onwards. It's strange to think of now, it really seems like another world. A lot of users then seemed to exist on the edge and it looked like we might all be rocking there together, but it seems like we're getting pushed back into normal life now. Hopefully it'll all work out for the best, but a part of me would still like to have seen what it was like when we got to thrive in the world it seemed like we were heading into.", 'kp8c0y'], ['u/1LBFROZENGAHA', 16, '2021-01-03 02:26', 'https://www.reddit.com/r/Bombstrap/comments/kp8c0y/the_only_woman_ive_ever_loved_was_my_former/ghvw4td/', 'the sad thing about it is that means they won. they were successful. they br... 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:** ["TOKYO, Jan 4 (Reuters) - Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday.\nThe digital currency has advanced some 800% since mid-March as more traders and investors bet it is on its way to becoming a mainstream payment method.\nThe latest milestone for the world's most popular cryptocurrency comes less then three weeks after it crossed $20,000 for the first time ever on Dec. 16.\n(Reporting by Kevin Buckland; Editing by Jacqueline Wong)", "TOKYO, Jan 4 (Reuters) - Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday. The digital currency has advanced some 800% since mid-March as more traders and investors bet it is on its way to becoming a mainstream payment method. The latest milestone for the world's most popular cryptocurrency comes less then three weeks after it crossed $20,000 for the first time ever on Dec. 16. (Reporting by Kevin Buckland; Editing by Jacqueline Wong)", "TOKYO, Jan 4 (Reuters) - Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday.\nThe digital currency has advanced some 800% since mid-March as more traders and investors bet it is on its way to becoming a mainstream payment method.\nThe latest milestone for the world's most popular cryptocurrency comes less then three weeks after it crossed $20,000 for the first time ever on Dec. 16.\n(Reporting by Kevin Buckland; Editing by Jacqueline Wong)", 'Bitcoin, BTC to USD, rose by 2.43% on Sunday. Following on from a 9.65% rally on Saturday, Bitcoin ended the week up by 25.6% to $32,968.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $31,975.0 before making a move.\nSteering clear of the first major support level at $29,691, Bitcoin surged to a mid-morning intraday high and a new swing hi $34,873.0.\nBitcoin broke through the first major resistance level at $33,983 to test resistance at $35,000 before hitting reverse.\nThe reversal saw Bitcoin fall back to $32,200 levels before finding support.\nAvoiding negative territory, Bitcoin revisited $33,800 levels before falling back to sub-$33,000 levels. The first major resistance level at $33,983 had pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $34,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $15,794 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nCrypto.com Coinfell by 8.76% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nEthereumsurged by 26.5% to lead the way.\nCardano’s ADA(+16.3%),Chainlink(+12.18%), andLitecoin(+17.8%) also impressed on the day.\nBinance Coin(+7.96%),Bitcoin Cash SV(+5.42%), Polkadot (+7.18%), andRipple’s XRP(+1.85%) trailed the front runners on the day.\nFor the week, it was a mixed bag for the crypto majors, however.\nEthereum and Polkadot surged by 43.3% and by 56.8% respectively to lead the way.\nBinance Coin (+23.0%), Cardano’s ADA (+33.7%), Chainlink (+12.9%), and Litecoin (+26.5%) also made solid gains.\nBitcoin Cash SV (+5.8%) and Crypto.com Coin (+3.5%) trailed the front runners with modest gains.\nRipple’s XRP fell by 20.6%, however, to buck the trend in the week.\nIn the week, the crypto total market cap fell to a Tuesday low $678.76bn before rising to a Sunday high $924.85bn. At the time of writing, the total market cap stood at $867.05bn.\nBitcoin’s dominance fell to a Monday low 69.13% before rising to a Sunday high 73.63%. At the time of writing, Bitcoin’s dominance stood at 70.14%.\nAt the time of writing, Bitcoin was down by 0.90% to $32,671.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,054.4 before falling to a low $32.352.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (+0.37%), Cardano’s ADA (+4.73%), Chainlink (+2.44%), and Polkadot (+0.31%) found early support to buck the trend early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was down by 2.62% to lead the way down.\nBitcoin would need to move through the pivot level at $33,272 to bring the first major resistance level at $34,569 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $34,000 levels.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high $34,873.0 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,170.\nFailure to move through the $36,272 pivot would bring the first major support level at $31,671 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$31,000 levels. The second major support level sits at $30,374.\nThisarticlewas originally posted on FX Empire\n• Price of Gold Fundamental Weekly Forecast – Facing Stiff Competition from Other Investments\n• Natural Gas Price Fundamental Weekly Forecast – 10-14 Day Forecast Drives the Volatility; Sets the Weekly Tone\n• Emerging Asian Currencies Finish Year on Strong Note as Vaccine-Hope Raises Outlook for Global Economy\n• Manufacturing PMIs and U.S Politics to Put the EUR and the Greenback in Focus\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – January 4th, 2021\n• Earnings to Watch Next Week: Carnival, RPM, Constellation Brands and Walgreens Boots Alliance in Focus', 'Bitcoin , BTC to USD, rose by 2.43% on Sunday. Following on from a 9.65% rally on Saturday, Bitcoin ended the week up by 25.6% to $32,968.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $31,975.0 before making a move. Steering clear of the first major support level at $29,691, Bitcoin surged to a mid-morning intraday high and a new swing hi $34,873.0. Bitcoin broke through the first major resistance level at $33,983 to test resistance at $35,000 before hitting reverse. The reversal saw Bitcoin fall back to $32,200 levels before finding support. Avoiding negative territory, Bitcoin revisited $33,800 levels before falling back to sub-$33,000 levels. The first major resistance level at $33,983 had pinned Bitcoin back late in the day. The near-term bullish trend remained intact, supported by the latest breakthrough to $34,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $15,794 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Crypto.com Coin fell by 8.76% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum surged by 26.5% to lead the way. Cardano’s ADA (+16.3%), Chainlink (+12.18%), and Litecoin (+17.8%) also impressed on the day. Binance Coin (+7.96%), Bitcoin Cash SV (+5.42%), Polkadot (+7.18%), and Ripple’s XRP (+1.85%) trailed the front runners on the day. For the week, it was a mixed bag for the crypto majors, however. Ethereum and Polkadot surged by 43.3% and by 56.8% respectively to lead the way. Binance Coin (+23.0%), Cardano’s ADA (+33.7%), Chainlink (+12.9%), and Litecoin (+26.5%) also made solid gains. Bitcoin Cash SV (+5.8%) and Crypto.com Coin (+3.5%) trailed the front runners with modest gains. Ripple’s XRP fell by 20.6%, however, to buck the trend in the week. In the week, the crypto total market cap fell to a Tuesday low $678.76bn before rising to a Sunday high $924.85bn. At the time of writing, the total market cap stood at $867.05bn. Story continues Bitcoin’s dominance fell to a Monday low 69.13% before rising to a Sunday high 73.63%. At the time of writing, Bitcoin’s dominance stood at 70.14%. This Morning At the time of writing, Bitcoin was down by 0.90% to $32,671.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,054.4 before falling to a low $32.352.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.37%), Cardano’s ADA (+4.73%), Chainlink (+2.44%), and Polkadot (+0.31%) found early support to buck the trend early on. It was a bearish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was down by 2.62% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $33,272 to bring the first major resistance level at $34,569 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday’s high $34,873.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,170. Failure to move through the $36,272 pivot would bring the first major support level at $31,671 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$31,000 levels. The second major support level sits at $30,374. This article was originally posted on FX Empire More From FXEMPIRE: Price of Gold Fundamental Weekly Forecast – Facing Stiff Competition from Other Investments Natural Gas Price Fundamental Weekly Forecast – 10-14 Day Forecast Drives the Volatility; Sets the Weekly Tone Emerging Asian Currencies Finish Year on Strong Note as Vaccine-Hope Raises Outlook for Global Economy Manufacturing PMIs and U.S Politics to Put the EUR and the Greenback in Focus EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – January 4th, 2021 Earnings to Watch Next Week: Carnival, RPM, Constellation Brands and Walgreens Boots Alliance in Focus', 'By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) - Bitcoin fell sharply on Monday, losing ground from a record high of $34,800 touched a **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: 2021-01-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,588,339,093 - Hash Rate: 159954205.87979275 - Transaction Count: 373734.0 - Unique Addresses: 851667.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A reading of Jeffrey Snider’s latest essay and Caitlin Long’s companion tweet thread. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byCrypto.com,Nexo.ioand this week’s special product launchLVL.co. Related:Preston Pysh on Why Currencies Fail Download this episode On this week’s Long Reads Sunday, NLW starts with the latest essay by Jeffrey Snider, “A Nonsensical Jumble of Misused Words Requires Discussion” and then with Caitlin Long’sfollowup thread, putting the discussion of rehypothecation in thebitcoincontext. See also:The Mirage of the Money Printer: Why the Fed Is More PR Than Policy, Feat. Jeffrey P. Snider Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • Why Bitcoin and Rehypothecation Don’t Mix • Why Bitcoin and Rehypothecation Don’t Mix • Why Bitcoin and Rehypothecation Don’t Mix... - Reddit Posts (Sample): [['u/jjfoad', 'Unpopular Opinion: The “I’m selling...” joke posts are getting really annoying', 2281, '2021-01-04 00:07', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/', 'All these low effort “had me in the first half” posts are becoming more frequent and is really starting to flood the sub with unnecessary posts. \n\nI understand the memes, sure, but I seems like everyday there is a top post saying “I just sold... my fiat” “Now is the time of to get out... and buy more bitcoins” and it’s getting as annoying as the “minute-by-minute update on bitcoin price” post.\n\nI get everyone is excited that Bitcoin is at an All Time High and rightfully so but I’m finding it harder to find posts about analytics, wider adoption, emerging technologies and improving systems that are supporting bitcoin.', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/', 'kpveev', [['u/macumazana', 49, '2021-01-04 00:14', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi09nhq/', 'Guess it\'s time to simply pin a thread "I\'m selling..." So everyone who thinhs he has come up with the funniest joke ever could post it there amongst other equally (sic!) funny jokes without bothering others', 'kpveev'], ['u/operationco', 39, '2021-01-04 00:38', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0cptc/', 'Agreed. But they still have some heavy competition from the "Sorry guys it\'s going down because I bought" or "You can thank me for it going up, because I sold" jokes.', 'kpveev'], ['u/ChetTheCryptoChap', 312, '2021-01-04 00:38', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0cqw6/', "50 satoshi says it's the noobs.", 'kpveev'], ['u/mightyduck19', 131, '2021-01-04 01:30', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0jb1h/', 'Yeah just saw one....”I did my research and it’s just too risky to hold...fiat”\n\nWow. Fucking good one buster. So funny. Really original.', 'kpveev'], ['u/monxas', 10, '2021-01-04 01:44', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0l29n/', 'Well, I’d say the same thing about the posts that start with “unpopular opinion” so there’s that.', 'kpveev'], ['u/moonpumper', 259, '2021-01-04 01:58', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0mptt/', 'Popular opinion', 'kpveev'], ['u/davidonabus', 17, '2021-01-04 02:15', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0oqew/', "The non-joke versions are pretty bad too. You don't need to announce to the world that you've just sold in order to payoff your mortgage, or put food on the table, etc.", 'kpveev'], ['u/Extreme_Foundation_9', 14, '2021-01-04 02:22', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0ph2z/', 'I think it is nice when people post genuine stories (not bragging/being a jerk) about how cryptocurrency trading has helped them. \n\nWhen people are jerks about it, or too specific, it is a little awkward...', 'kpveev'], ['u/Hot-Canceld', 27, '2021-01-04 02:47', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0sgot/', "I’m finding it harder to find posts about analytics, wider adoption, emerging technologies and improving systems that are supporting bitcoin.\n\nyo I've been here over a year and I don't think this is the place for any of that", 'kpveev'], ['u/tumbleweed911', 72, '2021-01-04 03:26', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0x1gr/', 'You’re looking for posts about emerging technologies in this echo chamber? You’re in the wrong place.', 'kpveev'], ['u/PandaKOST', 11, '2021-01-04 03:45', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi0zal5/', 'Unfortunately I’m not seeing street-level evidence of mass adoption, just Wall Street-level. The fee problem needs to be fixed. I used to send some mBTC to wikipedia and the like to show friends you could do micro transactions and talk about the possibilities, like maybe paying 1/100¢ per YouTube view or Reddit upvote directly to the creator. Sadly, this is not currently feasible given today’s transmission fees.', 'kpveev'], ['u/epollei', 12, '2021-01-04 04:48', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi16cwe/', 'I was just about to comment this', 'kpveev'], ['u/Lycomedes', 19, '2021-01-04 06:15', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi1fmf8/', "Where would you go? I used to be big into crypto and am back in the game, but there's so much that has happened in 4ish years. I'd love to have a place to read and catch up.", 'kpveev'], ['u/heptagon_h', 40, '2021-01-04 06:59', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi1jhly/', 'i just decided to.....not take this bet and keep my sats to myself', 'kpveev'], ['u/Peterb88', 70, '2021-01-04 07:51', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi1nhle/', 'True. Yesterday I was thinking we should have an r/BitcoinAdvanced like there is a beginners sub, which would not be memes but good info. \n\nEdit: Created the sub now :)', 'kpveev'], ['u/DrDic', 16, '2021-01-04 07:56', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi1nwcw/', 'You just got your first sub', 'kpveev'], ['u/[deleted]', 12, '2021-01-04 08:46', 'https://www.reddit.com/r/Bitcoin/comments/kpveev/unpopular_opinion_the_im_selling_joke_posts_are/gi1rc14/', 'you should get used to the new meta, bitcoin is not a currency but an asset to store wealth\n\nand thats not me telling it, thats the "institutionals investors" that are driving the price up\n\nso, that\'s pretty much it. there is no analytics, no adoption, no emerging tech, this is the path it took and the path everyone wants (1 million bitcoin right?), thats what everyone here is happy for... \n\nSo I am welcome to get the downvotes of those who are posting "hold" in every thread and celebrating parabollic rise while at the same time thinking bitcoin will be actually used.\n\nIt\'s exactly as hal finney said, bitcoin will be for the big banks and govs to move money, we will have to settle for other alternatives (2nd layers) for payments', 'kpveev']]], ['u/Fe0mathar', 'Why You should be bullish on NEO', 77, '2021-01-04 00:22', 'https://www.reddit.com/r/NEO/comments/kpvo8f/why_you_should_be_bullish_on_neo/', ' In regards to recently posted very good article " **I am bullish on NEO**" \n[https://www.reddit.com/r/NEO/comments/kp0hq1/i\\_am\\_bullish\\_on\\_neo/](https://www.reddit.com/r/NEO/comments/kp0hq1/i_am_bullish_on_neo/) \nI shared my concerns about price actions as one of comments.\n\n It is undeniable fact, that every single person who have exposition at crypto market via NEO can feel a bit disappointed about current price action of the NEO token \n(participation in Flamingo minting phase is making it only wore).\n\nThis time, I would like to encourage you to get familiar with my personal opinion titled: \n**"Why You should be bullish on NEO"**\n\n&amp;#x200B;\n\n[yes ! including price, stop being crying baby](https://preview.redd.it/ra5a65trs6961.png?width=934&amp;format=png&amp;auto=webp&amp;s=e9a6fe22a3709ee12c9f5011c31da44f27dd3d35)\n\nPOPULAR OPINION = MOST LIKELY WRONG OPINION: \n I\'m personally quite surprised that adult people did not recognized yet this simple truth. Every single popular opinion about politics, religion or finances etc. is most likely wrong or contain only piece of objective truth. \nEquivalent of such opinion in crypto world which I can find everywhere from Discord to PornHub is: \n*"Tech of Block-chain is not relevant in regards to token value and followed price actions. It is market purely driven by hype, speculation moon, lambos and mystical "potential of project"*\n\n Now when I see this quote actually on paper I\'m even more amazed that it have to be explained. If you are a person who truly believe that era of FIAT money is coming to an end , is that reasonable to hold such position ?\n\n&amp;#x200B;\n\n[Four legs good two legs bad - Just don\'t be a sheep who repeating what\'s heard](https://preview.redd.it/ao5jpxyct6961.jpg?width=750&amp;format=pjpg&amp;auto=webp&amp;s=4be59ed21db613de05bc7c9a690b494c42ddeda3)\n\nWAIT A SEC: \n Dear Fe0mathar, we already know that and where does that leads us ??? \nBloody Dogecoin has flipped NEO !\n\nIndeed - that\'s the way it is. This market was never too rational and apparently there is plenty of money in existence which are awaiting for some allocation. \nI use to have saying:\n\n*"You don\'t need to believe in* ***success*** *of any particular crypto currency,* \n*but you should understand why FIAT currency will eventually* ***fail"***\n\nIt is true that currently crypto market is wild west for speculation so even if worst shit-coin will be listed on Coinbase and will receive news on CNBC that bitcoin Jesus (Judas) Roger Ver just bought it ,it will skyrocket in price. I believe that in 2021 we all have very last moment to answer this question:\n\n"Will it be like that for ever?"\n\nANSWER: \nIn order to answer this question we need to take history lesson. \n*“History may not repeat itself. But it rhymes.”* Mark Twain\n\n \n\n\n \n**Part 1 - Price comes in response to need not in response to will (Venezuela case):** \n\n\n[Strength\\/Price :-\\)](https://preview.redd.it/k5clte8ww6961.png?width=591&amp;format... 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:** ['By Caroline Valetkevitch NEW YORK (Reuters) -Global equity indexes mostly rose on Tuesday, with Wall Street rebounding from a weak start to the year, and oil prices settled up 5% after news that Saudi Arabia will make voluntary cuts to its oil output in February. Investors anxiously awaited the results of two Senate runoff races in the state of Georgia on Tuesday that are expected to determine the balance of power in Washington. A Democratic victory in both contests could tip control of the U.S. Senate away from Republicans, potentially boosting the agenda of Democratic President-elect Joe Biden. "Investors are taking a wait-and-see attitude ... There\'s a lot to be concerned about - not only in the U.S. with the elections but also because of the different strains of the virus that are now being reported around the globe," CFRA chief investment strategist Sam Stovall said. Georgia results are expected to be known by Wednesday morning, according to state officials. No Democrat has won a Senate race in Georgia in two decades, but opinion surveys show both races as exceedingly close. The start of vaccine rollouts boosted equities heading into the end of the year, and U.S. stocks ended 2020 at record highs. The discovery of a more contagious variant of the coronavirus and the latest virus-related restrictions have offset some of that optimism. Britain has begun its third national lockdown, and New York on Monday reported its first case of the coronavirus variant. The Dow Jones Industrial Average rose 167.71 points, or 0.55%, to close at 30,391.6, the S&P 500 gained 26.21 points, or 0.71%, to 3,726.86 and the Nasdaq Composite added 120.51 points, or 0.95%, to 12,818.96. The pan-European STOXX 600 index lost 0.19% and MSCI\'s gauge of stocks across the globe gained 0.62%. U.S. crude futures climbed 4.9% to settle at $49.93 a barrel. Brent crude futures also jumped 4.9%, settling at $53.60. Saudi Arabia pledged additional, voluntary oil output cuts of 1 million barrels per day (bpd) in February and March as part of a deal under which most producers from the Organization of the Petroleum Exporting Countries and allies will hold production steady in the face of new coronavirus lockdowns. Story continues In the currency markets, the dollar fell against a basket of major currencies in the wake of China\'s decision to lift its official yuan exchange rate by its highest margin since it abandoned a dollar peg in 2005. The Chinese move helped support demand for other currencies. In the offshore market, the yuan strengthened as far as 6.4419 for the first time since June 2018. It started the week at 6.4944. The British pound recovered from a tumble on Monday, when a surge in COVID-19 cases in the United Kingdom forced the nationwide lockdown until mid-February. The dollar index fell 0.418%, with the euro up 0.35% to $1.2291. Sterling was last trading at $1.362, up 0.38% on the day. Bitcoin traded at $34,077.96, up 6.41%, following a roller-coaster ride that took it to a record high of $34,800 on Sunday and a subsequent tumble to as low as $27,734 the following session. Spot gold added 0.4% to $1,949.46 an ounce. In the bond market, benchmark U.S. 10-year notes last fell 12/32 in price to yield 0.9549%, from 0.917% late on Monday. (Reporting by Caroline Valetkevitch in New YorkAdditional reporting by Marc Jones in London and Medha Singh and Devik Jain in Bengaluru and Stephanie Kelly in New YorkEditing by Sonya Hepinstall and Matthew Lewis)', 'By Caroline Valetkevitch\nNEW YORK (Reuters) -Global equity indexes mostly rose on Tuesday, with Wall Street rebounding from a weak start to the year, and oil prices settled up 5% after news that Saudi Arabia will make voluntary cuts to its oil output in February.\nInvestors anxiously awaited the results of two Senate runoff races in the state of Georgia on Tuesday that are expected to determine the balance of power in Washington.\nA Democratic victory in both contests could tip control of the U.S. Senate away from Republicans, potentially boosting the agenda of Democratic President-elect Joe Biden.\n"Investors are taking a wait-and-see attitude ... There\'s a lot to be concerned about - not only in the U.S. with the elections but also because of the different strains of the virus that are now being reported around the globe," CFRA chief investment strategist Sam Stovall said.\nGeorgia results are expected to be known by Wednesday morning, according to state officials. No Democrat has won a Senate race in Georgia in two decades, but opinion surveys show both races as exceedingly close.\nThe start of vaccine rollouts boosted equities heading into the end of the year, and U.S. stocks ended 2020 at record highs.\nThe discovery of a more contagious variant of the coronavirus and the latest virus-related restrictions have offset some of that optimism. Britain has begun its third national lockdown, and New York on Monday reported its first case of the coronavirus variant.\nThe Dow Jones Industrial Average rose 167.71 points, or 0.55%, to close at 30,391.6, the S&P 500 gained 26.21 points, or 0.71%, to 3,726.86 and the Nasdaq Composite added 120.51 points, or 0.95%, to 12,818.96.\nThe pan-European STOXX 600 index lost 0.19% and MSCI\'s gauge of stocks across the globe gained 0.62%.\nU.S. crude futures climbed 4.9% to settle at $49.93 a barrel. Brent crude futures also jumped 4.9%, settling at $53.60.\nSaudi Arabia pledged additional, voluntary oil output cuts of 1 million barrels per day (bpd) in February and March as part of a deal under which most producers from the Organization of the Petroleum Exporting Countries and allies will hold production steady in the face of new coronavirus lockdowns.\nIn the currency markets, the dollar fell against a basket of major currencies in the wake of China\'s decision to lift its official yuan exchange rate by its highest margin since it abandoned a dollar peg in 2005.\nThe Chinese move helped support demand for other currencies.\nIn the offshore market, the yuan strengthened as far as 6.4419 for the first time since June 2018. It started the week at 6.4944.\nThe British pound recovered from a tumble on Monday, when a surge in COVID-19 cases in the United Kingdom forced the nationwide lockdown until mid-February.\nThe dollar index fell 0.418%, with the euro up 0.35% to $1.2291. Sterling was last trading at $1.362, up 0.38% on the day.\nBitcoin traded at $34,077.96, up 6.41%, following a roller-coaster ride that took it to a record high of $34,800 on Sunday and a subsequent tumble to as low as $27,734 the following session.\nSpot gold added 0.4% to $1,949.46 an ounce.\nIn the bond market, benchmark U.S. 10-year notes last fell 12/32 in price to yield 0.9549%, from 0.917% late on Monday.\n(Reporting by Caroline Valetkevitch in New YorkAdditional reporting by Marc Jones in London and Medha Singh and Devik Jain in Bengaluru and Stephanie Kelly in New YorkEditing by Sonya Hepinstall and Matthew Lewis)', '* Dollar index rebounds from 2-1/2-year low as stocks retreat * Sterling under pressure after UK prime minister orders lockdown * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Jan 5 (Reuters) - The dollar found support as concerns about surging COVID-19 cases and uncertainty about U.S. runoff elections in Georgia fueled demand for safer assets. The greenback held gains from overnight in early Asian trading on Tuesday after U.S. stocks retreated from record highs at the start of the new year. The British pound was under pressure as Prime Minister Boris Johnson ordered a nationwide lockdown to try and slow a fast-spreading coronavirus variant. Sterling was little changed at $1.3572 early in the Asian session. It slid 0.73% on Monday, the most since Dec. 10, after earlier rising to $1.3703, a level not seen since May 2018. The dollar index was flat at 89.865 after rebounding Monday from a 2-1/2-year low of 89.415. "The dollar will continue to trade with the general risk sentiment," said Shinichiro Kadota, senior currency strategist at Barclays Capital in Tokyo. The dollar has seen some buying amid an increase in COVID cases and ahead of key U.S. Senate elections, he said, but ultimately "generally positive risk sentiment should continue this year, and with that dollar continues to weaken against riskier currencies." The fate of U.S. President-elect Joe Biden\'s agenda, including rewriting the tax code, boosting stimulus and infrastructure spending, hinges firmly on Tuesday\'s twin Senate races in the battleground state of Georgia that will determine control of the chamber. The safe-haven Japanese yen was little changed at 103.135 per dollar. It advanced to 102.715 on Monday, the strongest level since March, as Japan\'s prime minister said the government is considering a state of emergency for Tokyo amid a surge in coronavirus cases. The euro was steady at $1.22535 after reaching $1.231 on Monday for the first time since April 2018. Bitcoin traded at $32,860 following a roller-coaster ride to start the new year that took it to a record high of $34,800 on Sunday, followed by a tumble to as low as $27,734 the following session. ======================================================== Currency bid prices at 9:45AM (045 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.2254 $1.2252 +0.03% +0.30% +1.2255 +1.2247 Dollar/Yen 103.1250 103.1750 -0.04% -0.15% +103.1750 +103.1350 Euro/Yen 126.37 126.33 +0.03% -0.43% +126.4000 +126.3200 Dollar/Swiss 0.8813 0.8812 +0.03% -0.36% +0.8816 +0.8815 Sterling/Dollar 1.3572 1.3562 +0.10% -0.64% +1.3577 +1.3562 Dollar/Canadian 1.2778 1.2775 +0.03% +0.35% +1.2788 +1.2778 Aussie/Dollar 0.7669 0.7665 +0.08% -0.28% +0.7672 +0.7661 NZ 0.7175 0.7175 +0.06% -0.03% +0.7178 +0.7170 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Kevin Buckland; Editing by Sam Holmes)', '* Dollar index **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: 2021-01-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $584,625,419,231 - Hash Rate: 145160753.31287554 - Transaction Count: 354091.0 - Unique Addresses: 845343.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Dollar broadly weak on optimism about vaccines, stimulus * Euro above $1.21, Aussie just under 26-month high * Pound near 3-month high, but implied volatilities rise * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Hideyuki Sano TOKYO, Dec 3 (Reuters) - The dollar slid to a 2-1/2-year low against a basket of major currencies on Thursday as investors wagered that more economic stimulus from Washington and the expected start of COVID-19 vaccinations would support riskier assets. While U.S. legislators have failed to reach agreement on fresh relief for a pandemic-hit U.S. economy, there were early signs that a $908 billion bipartisan proposal could be gaining traction. Investors expect lawmakers to reach a deal eventually with the two parties also facing a Dec. 11 deadline to pass a $1.4 trillion budget or risk a shutdown of the government. Britain on Wednesday approved a COVID-19 vaccine developed by Pfizer and BioNTech and said it would start vaccinating those most at risk early next week. "Britain is starting vaccination and the U.S. is also expected to do so in coming weeks while coronavirus infections appeared to have peaked in Europe and the same could be said for the U.S. as well," said Yujiro Goto, chief strategist at Nomura Securities. "All of these are easing worries about the economic recovery losing steam." That optimism more than offset disappointing U.S. jobs numbers for November and helped boost the euro despite widespread expectations the European Central Bank will enhance its quantitative easing next week. The common currency ticked up slightly to $1.2119, touching its loftiest level since late April 2018. The dollar index slipped to 2 1/2-year low of 90.948 and last stood at 90.992. "On the whole, the new U.S. economic team under President Biden will be dovish, if not directly pursing a weaker dollar per se," said Daisuke Uno, chief strategist at Sumitomo Mitsui Bank. "The next target for the euro should be its February 2018 peak of $1.2555. When the ECB eases its policy next week as expected, I bet the euro will gain rather than fall," he added. Story continues The U.S. currency was on the back foot against most other currencies, apart from the safe-haven yen, against which the dollar held firmer at 104.47 yen. The Australian dollar traded at $0.7409, having hit a 26-month high in the previous session after data showed Australia's economy rebounded more than expected in the third quarter. The offshore Chinese yuan changed hands at 6.5478 per dollar , near its 2-1/2-year high touched last month, maintaining strength on expectations a Biden White House would be more conducive for China's economic growth. The British pound held near a three-month high, last traded flat at $1.3387 after a choppy Wednesday trade as markets looked to whether Britain and the European Union can clinch a trade deal. The negotiators may have enough progress to agree on a deal in the next few days, the BBC's political editor said, giving the pound a slight lift. The EU's chief Brexit negotiator told member states' envoys on Wednesday negotiations were reaching "a make-or-break moment", and they urged him not to be rushed into an unsatisfactory agreement. Four diplomats told Reuters after a briefing by Michel Barnier the talks remained snagged on fishing rights in British waters, ensuring fair competition guarantees and ways to solve future disputes. As traders also brace for a make-or-break moment, the pound's implied volatilities have risen. Both the overnight and one-month volatilities have hit one-month highs, an indication investors expect choppy trade. Bitcoin dipped 1.0% to $19,043, but stayed near its record high of $19,918 hit earlier this week. (Reporting by Hideyuki Sano; Editing by Lincoln Feast and Sam Holmes)... - Reddit Posts (Sample): [['u/TangoBolshevik', '4 things I wish someone told me about trading crypto in 2017/2018', 171, '2021-01-05 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/', 'I bought my first lot of BTC at about $16k and ETH at $1200, about three years ago. My first few months (years?) in crypto SUCKED. Luckily, I stuck with things and am doing pretty well. Here are some things I wish I knew back then in case there are some new people here looking to get into it:\n\n1. Be clear about why you are buying crypto. Decide if you want to HODL or trade (you can do both) and stick to that strat. If you are buying because you believe in the tech, then you should not be selling...at all. The price will go up again, eventually. This requires discipline. I held through the COVID-19 dump in early 2020...just. The reality is crypto is a long game...think of it like you would if buying a house.\n2. If you decide to "trade" be aware that this is a market and the main players in the market (experienced traders with LOTS of money) are there to take your money. You are at a poker table with pro players. The odds are against you.\n3. When buying or selling any crypto, do the opposite of what your gut tells you. TA aside (and there is a lot to be said for understanding fundamentals of technical analysis), big green candles should be a sell signal (not a buy signal). Big red candles are probably a buy signal (not a sell signal). If the price is mooning and you think you should buy, don’t. You missed the opportunity. You just need to be patient. If you do FOMO in and the price drops soon after you buy, then you should definitely not sell. The price usually recovers anyway - it can be days, months or even years (ETH is yet to get back to its ATH).\n4. If you want to \'day trade\' with margin/leverage, set aside an amount you are prepared to lose and just trade off that in a seperate account. Never leverage off your entire holdings. It will cloud your decision making. It\'s possible to get pretty good returns on a 10x leverage with $500. I turned $500 into $5000 pretty easily (after losing about $1500 in the learning process). But BY FAR my biggest returns are from just HOLDING.', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/', 'kqkgsb', [['u/rndmsecretaccount', 155, '2021-01-05 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi4bu1y/', 'Most people\xa0overestimate what\xa0they can do\xa0in one\xa0year\xa0and underestimate what\xa0they can do in ten years.', 'kqkgsb'], ['u/BabyFight', 14, '2021-01-05 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi4fgyk/', 'Well said Mr. Hands of Steel. Entered around the same time as you, finally taking my shit coin losses for this years taxes to offset some profit taking, for the first time in years. I definitely got burned by chasing shitcoin FOMO pumps in the beginning and learned the value lesson of sticking to what I understand and staying away from the buzzwords. \n\nIt’ was a great lesson in financial management, and patience I could only get from experiencing the agony of watching my portfolio tank. It is a lesson many newcomers will Unfortunately experience in this bull and upcoming bear market(hopefully not too soon). \n\nFor me, the old adage still rings true, time in the market is better than timing the market. Even knowing that coming into the crypto market in 2017, I took some lumps. For those coming in fresh or thinking they are invincible because they’re seeing their portfolio 3x-10x in a matter of minutes to months, this is some sound advice just provided. Don’t let your brain trick you into over complicating a very complicated market. Hitting a few singles can add up just as much as swinging only for home runs. \n\nHappy and safe trading everyone! Hope we all cash in this cycle.\n\nEdit: some misspelling and grammatical errors. I’m sure I missed a few others.', 'kqkgsb'], ['u/discostuu72', 60, '2021-01-05 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi4ge6z/', 'Things that I\'ve learned.\n\n1. Disregard sentiment on r/CryptoCurrency. The opposite usually happens and normally the loudest attention seekers are the ones posting.\n2. Don\'t pay attention to any Youtube videos that claim to have "secrets" or twitter personalities or "verified crytpo experts/ entrepreneurs". All they want is your money. They\'ve bought in already and you will hold the bags\n3. Use reputable exchanges\n4. If you want to day trade, you will lose more than likely. I suggest you buy and hold. Its not sexy and you\'ll be tempted by "xx10005%%% gainz" but you\'ll most likely get burnt in the end.\n5. Find a project you like. I like a few different projects that are still around from 2017 that I\'m holding. Its nice to at least either earn/lose money on something you appreciate and can get behind.\n6. Bitcoin reigns supreme. No, it doesn\'t make sense. Bitcoin sucks ass. Its seriously terrible, no really it is. It\'s like your mom\'s new boyfriend. It has no redeeming qualities, is childish, and will rob you of your money if your not careful. At the end of the day you have to put up with it if you wanna enjoy the space.', 'kqkgsb'], ['u/firecoffee', 11, '2021-01-05 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi4ieg7/', '‘#3, really? BTC was mooning when it suddenly went up to $20k while chilling between 9-11k for months. Buying some at 15, 16, 17, etc., would’ve been an OK thing to do. #3 also goes against your #1.\n\nIMO you need to ask yourself two main questions if you’re in it for the long term.\n\n1. do you plan on holding it for a long time? 5 years? 10? X?\n\nIf so, accept that crypto is volatile as hell and DCA. You won’t be able to time it perfectly so just accept the fact that you’ll buy some when it’s low, some when it’s high, but most when it’s in between. It’s a boring strategy, but it’s the simplest way to go about it with the least amount of effort/emotion.\n\n2. are you relying on only crypto and no other investments?\n\nIf so, accept that your portfolio may get crushed or moon in a moments notice. This is obviously your risk tolerance. Put only what you can lose. Personally I only put around 5% of my entire portfolio in crypto. My thinking is that if crypto continues to blow up in price, I won’t have missed out on it entirely. But if it falls to nearly worthless, then it’s only 5% of my portfolio so I won’t have trouble sleeping.\n\nWe make mistakes because we make no plans. Then we put our emotions into our decisions which seldom works out well. Screw that. Just stay the course and care less about ATH, 20% drops, etc. and DCA if you’re in it LT.', 'kqkgsb'], ['u/TangoBolshevik', 12, '2021-01-05 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi4l5d6/', "This isn't just about BTC tho. I personally bought at those intervals. It's called dollar-cost averaging. The point I was making is don't FOMO in at the top of a LINK/BTC 4hr +10% green candle. I am sure we can agree on that.", 'kqkgsb'], ['u/TangoBolshevik', 53, '2021-01-05 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi4ldyt/', "You've basically summarised the post, in one paragraph.", 'kqkgsb'], ['u/JALEPENO_JALEPENO', 22, '2021-01-05 04:53', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi58dkl/', 'One sentence even', 'kqkgsb'], ['u/SlayBoredom', 11, '2021-01-05 07:51', 'https://www.reddit.com/r/CryptoCurrency/comments/kqkgsb/4_things_i_wish_someone_told_me_about_trading/gi5og1y/', "&gt; Bitcoin reigns supreme. No, it doesn't make sense. Bitcoin sucks ass. Its seriously terrible, no really it is. It's like your mom's new boyfriend. It has no redeeming qualities, is childish, and will rob you of your money if your not careful. At the end of the day you have to put up with it if you wanna enjoy the space. \n\nAMEN BROTHER. I accept bitcoin for what it is. But people should stop being delusional and think this is the solution. There are and will be better and faster solutions for whatever problem bitcoin tries to solve. I'm not saying BTC will price will ever crash, but people should not be in love with a coin and think rationally. Thats how you make money.\n\nI remember when I first bought BTC. I paid so much fees and it was so slow to send from coinbase to bitfinex that I thought I lost it all, lol. At this moment I already realised that BTC is never going to be used in our daily lives.", 'kqkgsb']]], ['u/HolidayInternet', 'Tether Price Manipulation', 10, '2021-01-05 00:15', 'https://www.reddit.com/r/ethereum/comments/kqko6v/tether_price_manipulation/', "Hello everyone,\n\nbefore you go ahead and read this, I need to mention that I'm a long term Ethereum HODLer and that I strongly believe in the notion of cryptocurrency. The intention of this post is not to spread conspiracy theories, rather, its purpose is to encourage a legitimate discussion on the topic.\n\nTether has been manipulating Bitcoin's price upwards for years now by printing unlimited, and unbacked USDT. This thread will cover the controversial aspects surrounding Tether, and how it will eventually meet its demise.\n\n**A bit of a back story:** \nTether is a stable coin that was first launched in 2012. According to the company, Tether is backed 1:1 with the U.S dollar, although this isn't actually the case. Bitfinex, and Tether have refused to show audits of their reserves, which is held in offshore bank accounts.\n\nIn 2019, The United States District Court sued Bitfinex, Tether, and Poloniex for being involved in a mas... 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:** ['By Imani Moise\nNEW YORK, Jan 5 (Reuters) - Asian stocks were mixed on Wednesday as investors anxiously awaited results of U.S. runoff elections that would determine the legislative balance of power in the world\'s largest economy while oil prices rose on news of planned output cuts.\nAdding to broader uncertainty in markets was the latest twist in a regulatory saga over whether the New York Stock Exchange would delist three Chinese telecom giants on security grounds.\nThe Shanghai SE Composite Index rose 0.73% on Tuesday after the NYSE said it would not delist the companies, however, a person familiar with the matter later said the market operator would restart delisting plans.\nIn Asia, futures for the S&P 500 fell 0.07%, Australian S&P/ASX 200 dipped 0.43% and Japan\'s Nikkei 225 inched up 0.1%.\nIn the United States, the tense runoff elections in the state of Georgia will decide whether President Elect Joe Biden will have the majority in the Senate he needs to support his agenda or if he will face gridlock in the early stages of his term.\nResults are due on Wednesday morning and analysts say Wall Street is likely set for a rally if Republicans win and a dip if Democrats gain control. Exit poll data on Tuesday suggested extremely tight contests.\n"A market pullback seems both reasonable and healthy. But stocks won’t plunge to zero because there is a countervailing positive here," said Phil Orlando, Chief Equity Market Strategist, Federated Hermes of a potential Democratic sweep.\n"A Biden honeymoon with Democratic Congress helmed by Nancy Pelosi and Charles Schumer would likely lead to more fiscal stimulus and infrastructure spending. That would serve as a temporary sugar high for stocks in 2021 before the bill comes due in 2022."\nBucking the trend in Asia, South Korea\'s main KOSPI index surpassed 3,000 for the first time, as investors looked towards a broad recovery in exports.\nWall Street trimmed earlier gains on Tuesday as political uncertainty and the discovery of a more contagious variant of the coronavirus in major hubs like New York City tempered bullishness about the vaccine roll out.\nThe Dow Jones Industrial Average rose 0.55%, the S&P 500 gained 0.71% and the Nasdaq Composite added 0.95%.\nMSCI\'s gauge of stocks across the globe gained 0.06%.\nEmerging market stocks rose 1.19%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.04% higher, while Japan\'s Nikkei %.\nU.S. crude futures climbed 4.9% on Tuesday settling at $49.93 a barrel after Saudi Arabia pledged additional, voluntary oil output cuts. Brent crude futures also jumped 4.9%, settling at $53.60.\nThe dollar index fell 0.433%, against a basket of major currencies following China\'s decision to lift its official yuan exchange rate by its highest margin since it abandoned a dollar peg in 2005.\nThe benchmark U.S. 10-year notes last fell 12/32 in price to yield 0.9549%, from 0.917% late on Monday.\nBitcoin traded at $34,077.96, up 6.41%.\nSpot gold XAU= added 0.4% to $1,949.46 an ounce.\n(Reporting by Imani Moise; Editing by Sam Holmes)', 'By Imani Moise NEW YORK, Jan 5 (Reuters) - Asian stocks were mixed on Wednesday as investors anxiously awaited results of U.S. runoff elections that would determine the legislative balance of power in the world\'s largest economy while oil prices rose on news of planned output cuts. Adding to broader uncertainty in markets was the latest twist in a regulatory saga over whether the New York Stock Exchange would delist three Chinese telecom giants on security grounds. The Shanghai SE Composite Index rose 0.73% on Tuesday after the NYSE said it would not delist the companies, however, a person familiar with the matter later said the market operator would restart delisting plans. In Asia, futures for the S&P 500 fell 0.07%, Australian S&P/ASX 200 dipped 0.43% and Japan\'s Nikkei 225 inched up 0.1%. In the United States, the tense runoff elections in the state of Georgia will decide whether President Elect Joe Biden will have the majority in the Senate he needs to support his agenda or if he will face gridlock in the early stages of his term. Results are due on Wednesday morning and analysts say Wall Street is likely set for a rally if Republicans win and a dip if Democrats gain control. Exit poll data on Tuesday suggested extremely tight contests. "A market pullback seems both reasonable and healthy. But stocks won’t plunge to zero because there is a countervailing positive here," said Phil Orlando, Chief Equity Market Strategist, Federated Hermes of a potential Democratic sweep. "A Biden honeymoon with Democratic Congress helmed by Nancy Pelosi and Charles Schumer would likely lead to more fiscal stimulus and infrastructure spending. That would serve as a temporary sugar high for stocks in 2021 before the bill comes due in 2022." Bucking the trend in Asia, South Korea\'s main KOSPI index surpassed 3,000 for the first time, as investors looked towards a broad recovery in exports. Wall Street trimmed earlier gains on Tuesday as political uncertainty and the discovery of a more contagious variant of the coronavirus in major hubs like New York City tempered bullishness about the vaccine roll out. Story continues The Dow Jones Industrial Average rose 0.55%, the S&P 500 gained 0.71% and the Nasdaq Composite added 0.95%. MSCI\'s gauge of stocks across the globe gained 0.06%. Emerging market stocks rose 1.19%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.04% higher, while Japan\'s Nikkei %. U.S. crude futures climbed 4.9% on Tuesday settling at $49.93 a barrel after Saudi Arabia pledged additional, voluntary oil output cuts. Brent crude futures also jumped 4.9%, settling at $53.60. The dollar index fell 0.433%, against a basket of major currencies following China\'s decision to lift its official yuan exchange rate by its highest margin since it abandoned a dollar peg in 2005. The benchmark U.S. 10-year notes last fell 12/32 in price to yield 0.9549%, from 0.917% late on Monday. Bitcoin traded at $34,077.96, up 6.41%. Spot gold XAU= added 0.4% to $1,949.46 an ounce. (Reporting by Imani Moise; Editing by Sam Holmes)', 'Not for distribution to U.S. newswire services or for dissemination in the United States . TORONTO, Jan. 05, 2021 (GLOBE NEWSWIRE) -- (TSX: QBTC, QBTC.U) The Bitcoin Fund (the \x93Fund\x94) is pleased to announce the Fund has completed private placements in November and December 2020, approved by the Toronto Stock Exchange (the \x93TSX\x94), aggregating 730,836 and 1,487,986 Class A units of the Fund (\x93Units\x94), respectively. Following a four-month holding period, investors in the private placements may elect to sell their Units on the TSX. Units are listed on the TSX under the symbol QBTC. The Fund seeks to provide unitholders of the Fund with (a) exposure to the digital currency bitcoin and the daily price movements of the U.S. dollar price of bitcoin and (b) the opportunity for long-term capital appreciation. The Fund acquires assets from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient and safer alternative to a direct investment in bitcoin. Gemini, a trust company licensed by the New York State Department of Financial Services, acts as sub-custodian of the Fund\x92s assets. 3iQ believes an investment in bitcoin will provide investors with a low-correlated asset class which will complement traditional investment strategies. 3iQ is the investment fund manager and portfolio manager of the Fund. About 3iQ Corp. Founded in 2012, 3iQ Corp. (\x933iQ\x94) is Canada\x92s largest digital asset investment fund manager with more than C$900 million in assets under management. 3iQ was the first Canadian investment fund manager to offer a public listed bitcoin investment fund, The Bitcoin Fund (TSX: QBTC ). Gaining access to digital assets such as bitcoin can be daunting, costly, and inconvenient. 3iQ offers investors convenient and familiar investment products to gain exposure to digital assets. For more information about 3iQ and The Bitcoin Fund, visit www.3iQ.ca or follow us on Twitter @3iQ_corp. Contact Information Fred Pye - Chairman and CEO E: [email protected] P: +1 (416) 639-2130 You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange, the Gibraltar Stock Exchange or other alternative Canadian trading system (an \x93exchange\x94). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the Fund in its public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Story continues Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as \x93may\x94, \x93will\x94, \x93should\x94, \x93expect\x94, \x93plan\x94, \x93anticipate\x94, \x93believe\x94, \x93intend\x94, \x93estimate\x94, \x93predict\x94, \x93potential\x94, \x93continue\x94 or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forwar **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: 2021-01-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $584,625,419,231 - Hash Rate: 163652569.02152207 - Transaction Count: 397384.0 - Unique Addresses: 924851.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.95 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin climbed abovetopped $17,000early Tuesday for the first time since January 2018, pushing this year’s remarkable rally to 137% on a year-to-date basis. That’s 10 times more than the Standard & Poor’s 500 Index of large U.S. stocks. “Bears are in disbelief,” the digital-asset market analysis firmArcane Researchwrote early Tuesday in a report, noting that the cryptocurrency is on track to post its sixth straight weekly gain. “It seems like there is nothing stopping bitcoin at the moment.” Intraditional markets, European shares slid and U.S. stock futures pointed to a lower open as investors worried that the potentially economic scarring from a resurgence in the coronavirus. Gold weakened 0.1% to $1,888 an ounce. Related:Mexico's Second Richest Man Reveals 10% of His Liquid Assets Are in Bitcoin Read More:Bitcoin Slices Through $17,000 as Market Cap Nears All-Time High Look no further than the rapid growth this year in the white-hot arena of decentralized finance, or DeFi, and it’s clear why the Ethereum blockchain is dominating so many conversations right now in the digital-asset industry. The second-largest blockchain’s native cryptocurrency, ether (ETH), is up 266% this year – twice as much as mooning bitcoin (BTC). But a lot of savvy digital-asset investors are hedging their bets, buying tokens associated with upstart blockchains that could potentially grab market share from the Ethereum network, often referred to as a “world computer” due to its versatility and programmability. Related:Bitcoin Closes in on All-Time High as It Hits $18K One such token is dot (DOT), of the Polkadot blockchain, whose co-founder Gavin Wood was a co-founder of Ethereum. Wood wrote the original project white paper for Polkadot in 2016, just a year after the Ethereum network launched. Since going live in mid-August on exchanges after the Polkadot network performed a 100:1 split, the dot token is up over 44%. Over the same period, Ethereum’s ether has only climbed a bit over 8%. “The market and investor appetite has been really strong for Polkadot’s dot token,” said Keld van Schreven, managing director of the investment firm KR1, which includes Polkadot in its portfolio. An initial valuation from a pre-network launch fundraising was priced around $3, he said. “So to consistently trade above $4 since then has been really encouraging.” – Daniel Cawrey Read More:As DeFi Grows, Investors Look to Polkadot to Be the Next Ethereum Bitcoin’s strong rally continues with demand outstripping supply amid the heightened expectations of swift global economic recovery on potential coronavirus vaccines. The top cryptocurrency by market value rose to fresh 33-month highs above $17,000 during the early U.S. trading hours. Prices are up 20% this month alone. Bitcoin has been characterized by some investors as “digital gold” due to a belief the cryptocurrency can serve as an effective hedge against inflation. But in recent weeks, bitcoin prices have gained as gold has struggled, following the news that two drugmakers, Pfizer and Moderna, had announced promising results in developing coronavirus vaccines. The possibility that a vaccine might arrive early next year, helping the global economy to return toward pre-pandemic output levels sooner than expected, has triggered a rotation of money out of defensive assets and into risk assets, according to Ole Hansen, head of the commodity strategy at Saxo Bank. Bitcoin, however, has stayed bid on strong holding sentiment and the supply shortage. “Since bitcoin was at $11,400 a month ago, miners have been selling an average of 11 bitcoins per hour on exchanges. In comparison, 214 coins per hour have been scooped off exchanges,” Willy Woo, an on-chain analyst and the author of The Bitcoin Forecast newsletter, tweeted early Tuesday. With the global stockpile of negative yielding bonds at record highs and the U.S. dollar expected to depreciate on coronavirus vaccine optimism and continued money printing by the Federal Reserve, the odds appear stacked in favor of a rally to record highs above $20,000. Litecoin(LTC): Also-ran cryptocurrency flips bitcoin cash (BCH) in crypto rankings withrally to nine-month high. Uniswap(UNI): Uniswap mayre-up rewardsas SushiSwap angles to catch itinerant yield farmers. Origin Dollar(OUSD): Stablecoin project suffers “re-entrancy attack” early Tuesday,resulting in loss of $7M, including $1M deposited by company, founders and employees. Anthony Scaramucci’s $9.2B fund-of-hedge-funds SkyBridge Capital seeks exposure to digital assets including altcoins (CoinDesk) Coinbase goes down as bitcoin nears $17K (CoinDesk) Galaxy Digital gets initial approval for new bitcoin fund in Canada (CoinDesk) China’s crypto miners struggle to pay power bills as regulators clamp down on OTC desks (CoinDesk) Cryptocurrency custodian Anchorage applies to U.S. regulator OCC to convert to national bank charter from South Dakota-based trust company (CoinDesk) Israeli startup discovers loophole in DeFi lending platform MakerDAO’s collateralized debt positions market (CoinDesk) Binance discontinues U.K. pound-linked stablecoin, calling it just an “experiment” (CoinDesk) Decentralized exchange Uniswap and stablecoin tether (USDT) dominate the Ethereum network, taking up over 35% of transactions (CoinDesk): Citigroup says U.S. dollar could tumble 20% in 2021 (Bloomberg) America’s zombie companies have racked up $1.4T of debt (Bloomberg) Some 13M U.S. workers enrolled in emergency benefit programs that expire Jan. 1; Deutsche Bank estimates income could drop by $150B in first quarter, causing weaker consumer spending that would shave 1 percentage point off economic output (WSJ) Ultra-low U.S. mortgage rates, thanks to easy Federal Reserve monetary policy, has allowed homeowners to refinance, reducing monthly payments and freeing up cash (Bloomberg) Austerity nowhere in view as European Bank of Reconstruction and Development’s chief economist predicts a half-century repayment schedule for coronavirus debt (WSJ) Japan now offering 0.1 percentage-point interest-rate sweeteners to incentivize consolidation in barely profitable banking sector (WSJ) U.S. consumers flush with cash after paying down debt, helped in part by stimulus from the government (Bloomberg) • First Mover: Bitcoin Tops $17K as Scaramucci Makes Entrée, Ethereum Meets Rival • First Mover: Bitcoin Tops $17K as Scaramucci Makes Entrée, Ethereum Meets Rival... - Reddit Posts (Sample): [['u/btcf6e7f6r7g656', 'Anyone else feel a rush when you send a BTC transaction?', 45, '2021-01-06 00:00', 'https://www.reddit.com/r/Bitcoin/comments/kra5dh/anyone_else_feel_a_rush_when_you_send_a_btc/', "As a holder I don't get to experience it much these days, but man I love the feeling.", 'https://www.reddit.com/r/Bitcoin/comments/kra5dh/anyone_else_feel_a_rush_when_you_send_a_btc/', 'kra5dh', [['u/fuyuasha', 19, '2021-01-06 00:09', 'https://www.reddit.com/r/Bitcoin/comments/kra5dh/anyone_else_feel_a_rush_when_you_send_a_btc/gi8lbh7/', '"Sex is great but ..." ;-)', 'kra5dh'], ['u/senfmeister', 12, '2021-01-06 01:28', 'https://www.reddit.com/r/Bitcoin/comments/kra5dh/anyone_else_feel_a_rush_when_you_send_a_btc/gi8wn4w/', 'Send a 1 sat/byte transaction and you can experience another interesting feeling. :-D', 'kra5dh']]], ['u/SaladBob22', 'Took out equity in my home to pay off high interest debt, and buy Bitcoin in November. Made my money back and then some. HODL till the end.', 81, '2021-01-06 00:04', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/', 'I see a lot of people paying of their mortgage with BTC. That\'s great, that\'s fine. I did the reverse. It\'s "risky" I know all the B.S. But if BTC crashes and never returns, I\'ll have no regrets. I\'ll take the risk, and be happy knowing I believed in something and went for it. I\'d much rather live with a regret of going with my intuition and not having it pan out, than ignoring it, and later wishing I had for the rest of my life. Money lost is a lot less painful than an opportunity missed.\n\n- - - edit - - -\n\nI didn’t technically make my money back. I should say, if I sold today, I would. But I’m HODLing till the end.', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/', 'kra8nz', [['u/CraftyMuthafucka', 13, '2021-01-06 00:07', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/gi8l052/', 'I did something similar, and for similar reasons.\n\nI believe I’m right, and I’m willing to take a risk. If I’m wrong, oh well. But I’m not gonna sit on the sidelines.', 'kra8nz'], ['u/ddndnnnd', 13, '2021-01-06 00:08', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/gi8l4sr/', "i sold my whole life for bitcoin im in. if it goes under and im homeless i'll still sit there everyday hodling something even if it's just a bottle of wine.", 'kra8nz'], ['u/[deleted]', 11, '2021-01-06 00:14', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/gi8m4f1/', "If you hodl you didn't make any money yet.", 'kra8nz'], ['u/SaladBob22', 14, '2021-01-06 00:24', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/gi8ni1r/', 'My net worth did. Of course that can plummet. Don’t give a fuck. Long term I’m certain we’ll be in 500k and 1 million range. So not concerned about short term crashes or dips. How much Bitcoin I own matters much more than it’s current FIAT value to me.', 'kra8nz'], ['u/wingsofthygiant', 10, '2021-01-06 00:55', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/gi8s1p0/', 'I put my $600 stimulus check in Bitcoin and my wife lost her shit... she does have a point tho, she always tells me that she’s not comfortable with the risk, and that’s fine, but just like you I believe I’m right and I’m willing to take this very very very small risk. That stimulus is now worth $800, and she still refuses to believe in it. One day we will look back at these decisions, look at the eyes of those who said “don’t do it” and finally say “I am glad I did it”. We just need to get there and HODL!', 'kra8nz'], ['u/americanarmyknife', 10, '2021-01-06 01:48', 'https://www.reddit.com/r/Bitcoin/comments/kra8nz/took_out_equity_in_my_home_to_pay_off_high/gi8z44u/', 'This is the way. What matters is you leveraged low-interest lump sum to get in early. Paying off the high-interest debt was also smooth. Keep up the good work.', 'kra8nz']]], ['u/hidao-win', 'Product Availability worldwide update for WtR Unlimited and AR Unlimited', 38, '2021-01-06 00:08', 'https://www.reddit.com/r/FABTCG/comments/krab79/product_availability_worldwide_update_for_wtr/', '[https://fabtcg.com/articles/product-availability-update/](https://fabtcg.com/articles/product-availability-update/)\n\n&amp;#x200B;\n\nProduct Availability worldwide update for WtR Unlimited and AR Unlimited', 'https://www.reddit.com/r/FABTCG/comments/krab79/product_availability_worldwide_update_for_wtr/', 'krab79', [['u/urzathegreat', 12, '2021-01-06 01:01', 'https://www.reddit.com/r/FABTCG/comments/krab79/product_availability_worldwide_update_for_wtr/gi8sxvo/', "about time. there's no way im paying the current inflated prices. hopefully everyone on ebay will go back to the normal pricing and i can take advantage of the next ebay bonus bucks promo! yay to more F&amp;B cards!", 'krab79']]], ['u/mattya232', 'How to buy and use BITCOIN on offshore books!!!', 34, '2021-01-06 00:10', 'https://www.reddit.com/r/sportsbook/comments/kradfb/how_to_buy_and_use_bitcoin_on_offshore_books/', 'I wanted to create this post because I see everywhere people wondering how to use Bitcoin to deposit into sportsbooks. I use to think it was so hard but once I learned how to it was the easiest thing ever. I would love to teach others how to actually purchase BTC and deposit it to bet.\n\nThe first way is to use Coinbase.\n\nStep 1) The first step is to buy BTC on Coinbase either with ur card or bank account. Only issues is u have to wait sometimes a few days to receive the BTC if you pay with your bank. (Instant if you use debit card) \n\n\nStep 2) The next step isn’t needed but I like to the deposit the BTC from my Coinbase account into Coinbase pro on a web browser. Just log into the same Coinbase account and hit deposit and click from Coinbase account. (apparently less fees when sending to your wallet from Coinbase pro than Coinbase.) \n\n\nStep 3) This is the most important step which is to use a BTC wallet which will act as a “middle man” between the exchange your purchased your BTC on and the sportsbook. I have been using Blockhain wallet on the iOS store. Very simple, easy, and safe. Here you will withdraw your BTC from Coinbase pro account or Coinbase and you will send it to the address your Blockchain wallet provides. \n\n\nStep 4) Once received in your Blockchain wallet, all you do is then send the BTC from your wallet to the address that is on your sportsbook when you hit “deposit with Bitcoin.”\n\n\nThis is the simplest way I have found to deposit and bet on offshore websites. It’s so much easier using BTC than a debit or credit card that could get comprised. \n\n\nYou can also use Cashapp which you should get your BTC instantly. \n\n\nStep 1) Buy BTC on cash app.\n\n\nStep 2) Send the BTC from cashapp to your BTC wallet. Again I like using Blockchain if you have an iPhone. Works great.\n\n\nStep 3) Then from the blockchain wallet you send to \nyour sportsbook BTC deposit address. Simple as that!\n\n\nI hope this helps some of you out who want to learn how to use BTC instead of your debit or credit cards. Once I learned how simple and easy this was, I will never use any other way.\n\nEDIT: Cashapp seems to be the best for instant purchases. On Coinbase you have to wait a few days when purchased with bank account. Debit card is instant, however most banks don’t allow this to work.', 'https://www.reddit.com/r/sportsbook/comments/kradfb/how_to_buy_and_use_bitcoin_on_offshore_books/', 'kradfb', [['u/notreal1121', 14, '2021-01-06 01:03', 'https://www.reddit.com/r/sportsbook/comments/kradfb/how_to_buy_and_use_bitcoin_on_offshore_books/gi8tbzu/', 'Cashapp is perfect', 'kradfb']]], ['u/SirTuffers', 'I know wen moon', 34, '2021-01-06 00:44', 'https://www.reddit.com/r/IOTAmarkets/comments/krb1r6/i_know_wen_moon/', "Moon comes from retail investor frenzy. When your Grandma was asking at Christmas 2017 whether to invest in bitcoin, THAT'S when you knew it was time to sell. When bitcoin had pumped so much that your average Joe was starting to take note, that's when we saw huge altcoin gains, and that's when we saw the peak. That's when IOTA gains were realised.\n\nAt the moment we are in rapid accumulation phase. Wall Street has already filled their bags, they've been continuously doing that over the past few months. Now they plan to pump up their investment to the point that Joe starts getting interested. Once Joe's taken the bait, they will dump. \n\nI think (genuinely, I must add) that bitcoin is going to push past 100k in the next couple months. That's when lots of people will start getting interested. Media will stir the pot. From 100k onwards, we will see a parabolic rise as more people try and jump in on the act. \n\nI see 200-500k as the target. The following crash would be brutal for Joe. However, if he holds his investment for another 5-10 years, Bitcoin will recover to that same price.\n\nSo... IOTA moon when? When Joe starts getting interested.", 'https://www.reddit.com/r/IOTAmarkets/comments/krb1r6/i_know_wen_moon/', 'krb1r6', [['u/dios_mediante', 29, '2021-01-06 01:26', 'https://www.reddit.com/r/IOTAmarkets/comments/krb1r6/i_know_wen_moon/gi8we90/', 'this is joe and joe is interested.', 'krb1r6'], ['u/muchosiotas', 24, '2021-01-06 01:34', 'https://www.reddit.com/r/IOTAmarkets/comments/krb1r6/i_know_wen_moon/gi8xdmc/', 'Bear market confirmed', 'krb1r6']]], ['u/HeroicLife', 'IamA manager of a Bitcoin/cryptocurrency hedge fund AMA!', 31, '2021-01-06 00:45', 'https://www.reddit.com/r/IAmA/comments/krb2bi/iama_manager_of_a_bitcoincryptocurrency_hedge/', "* I am a Managing Partner of a cryptocurrency (Bitcoin, etc) hedge fund.\n* My partners and I founded the fund in 2017, it has been modestly successful.\n* My focus is on the crypto side - research, custody, security,... 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:** ['By Rodrigo Campos\nNEW YORK (Reuters) -Bond prices dropped and stocks hit record highs on Thursday as investors bet Democratic control of the U.S. Congress would enable President-elect Joe Biden to borrow and spend heavily, while higher yields helped a bruised dollar recover from near three-year lows.\nThe bullish sentiment remained throughout the day even as the top two Democrats in Congress called for President Donald Trump to be removed from office, one day after his supporters stormed and vandalized the U.S. Capitol in a rampage that left four people dead.\nU.S. Treasuries prices extended their steepest sell-off in months, with the benchmark yield at its highest in 10 months. Victories in two Georgia races handed the Democratic Party narrow control of the U.S. Senate, bolstering Biden\'s power to pass his agenda with his party controlling both chambers.\nThe MSCI world equity index, which tracks shares in almost 50 countries, rose more than 1% to hit a record high for the third session this week.\nAfter a shaken Congress formally certified Biden\'s election victory in the early hours of Thursday, Wall Street focused on the implications of the Democrats\' control of Congress. Major indexes hit record highs on bets that more pandemic stimulus will help the economy ride out the downturn.\n"The market is now looking past Trump and it\'s looking forward to a Biden presidency, more structure and stimulus," said Dennis Dick, a trader at Bright Trading LLC.\n"A Democratic Congress is going to obviously be more concerned about the small businesses, and the Main Street."\nThe Dow Jones Industrial Average rose 211.73 points, or 0.69%, to 31,041.13, the S&P 500 gained 55.65 points, or 1.48%, to 3,803.79 and the Nasdaq Composite added 326.69 points, or 2.56%, to 13,067.48.\nThe pan-European STOXX 600 index rose 0.51% and MSCI\'s gauge of stocks across the globe gained 1.18%. Emerging market stocks rose 0.53%.\nEarlier, MSCI\'s broadest index of Asia-Pacific shares outside Japan had risen 0.35% and Japan\'s Nikkei hit its intraday highest since 1990 before ending up 1.6%.\nThe prospect for future stimulus spending sent bond prices lower, with the yield on the benchmark hitting its highest since March. It rose as high as 1.088% on Thursday. [US/]\n"The Georgia Senate elections just added a tailwind to existing trends of reflation and upward pressure on Treasury yields," said Bill Merz, head of fixed income research at U.S. Bank Wealth Management in Minneapolis.\nBenchmark 10-year notes last fell 12/32 in price to yield 1.0812%, from 1.042% late on Wednesday.\nThe 30-year bond last fell 27/32 in price to yield 1.859%, from 1.821%.\nBRUISED DOLLAR\nThe Democrats\' victory also reverberated in currency markets.\nThe dollar had sunk to a near three-year low against a basket of six major currencies, with traders betting growing U.S. trade and budget deficits would further weigh on the greenback.\nOn Thursday, it rose 0.549%, on track for its strongest session since at least late October, with the euro down 0.02% to $1.2268.\nThe Japanese yen strengthened 0.01% versus the greenback at 103.78 per dollar, while Sterling was last trading at $1.3564, up 0.01% on the day.\n"Once (Treasury yields) start to move, as they did yesterday, it wasn’t a big move but it was in the right direction, that is the direction of the future," said Joseph Trevisani, senior analyst at FXStreet.com.\nOil prices touched their highest since late February as markets remained focused on Saudi Arabia\'s unexpected pledge to deepen its oil cuts.\nU.S. crude recently rose 0.57% to $50.92 per barrel and Brent was at $54.57, up 0.5% on the day.\nSpot gold % to $1,913.07 an ounce. Silver gained 0.19% to $27.16.\nBitcoin hit a record high that breached the $40,000 mark, and was last up 7.05% at $39,446.75.\n(Reporting by Rodrigo Campos; additional reporting by Tom Wilson and Noah Browning in London, Laura Sanicola, Herbert Lash and Chuck Mikolajczak in New York and Karen Pierog in Chicago; Editing by Alistair Bell, Nick Zieminski and Dan Grebler)', 'By Rodrigo Campos NEW YORK (Reuters) -Bond prices dropped and stocks hit record highs on Thursday as investors bet Democratic control of the U.S. Congress would enable President-elect Joe Biden to borrow and spend heavily, while higher yields helped a bruised dollar recover from near three-year lows. The bullish sentiment remained throughout the day even as the top two Democrats in Congress called for President Donald Trump to be removed from office, one day after his supporters stormed and vandalized the U.S. Capitol in a rampage that left four people dead. U.S. Treasuries prices extended their steepest sell-off in months, with the benchmark yield at its highest in 10 months. Victories in two Georgia races handed the Democratic Party narrow control of the U.S. Senate, bolstering Biden\'s power to pass his agenda with his party controlling both chambers. The MSCI world equity index, which tracks shares in almost 50 countries, rose more than 1% to hit a record high for the third session this week. After a shaken Congress formally certified Biden\'s election victory in the early hours of Thursday, Wall Street focused on the implications of the Democrats\' control of Congress. Major indexes hit record highs on bets that more pandemic stimulus will help the economy ride out the downturn. "The market is now looking past Trump and it\'s looking forward to a Biden presidency, more structure and stimulus," said Dennis Dick, a trader at Bright Trading LLC. "A Democratic Congress is going to obviously be more concerned about the small businesses, and the Main Street." The Dow Jones Industrial Average rose 211.73 points, or 0.69%, to 31,041.13, the S&P 500 gained 55.65 points, or 1.48%, to 3,803.79 and the Nasdaq Composite added 326.69 points, or 2.56%, to 13,067.48. The pan-European STOXX 600 index rose 0.51% and MSCI\'s gauge of stocks across the globe gained 1.18%. Emerging market stocks rose 0.53%. Earlier, MSCI\'s broadest index of Asia-Pacific shares outside Japan had risen 0.35% and Japan\'s Nikkei hit its intraday highest since 1990 before ending up 1.6%. Story continues The prospect for future stimulus spending sent bond prices lower, with the yield on the benchmark hitting its highest since March. It rose as high as 1.088% on Thursday. [US/] "The Georgia Senate elections just added a tailwind to existing trends of reflation and upward pressure on Treasury yields," said Bill Merz, head of fixed income research at U.S. Bank Wealth Management in Minneapolis. Benchmark 10-year notes last fell 12/32 in price to yield 1.0812%, from 1.042% late on Wednesday. The 30-year bond last fell 27/32 in price to yield 1.859%, from 1.821%. BRUISED DOLLAR The Democrats\' victory also reverberated in currency markets. The dollar had sunk to a near three-year low against a basket of six major currencies, with traders betting growing U.S. trade and budget deficits would further weigh on the greenback. On Thursday, it rose 0.549%, on track for its strongest session since at least late October, with the euro down 0.02% to $1.2268. The Japanese yen strengthened 0.01% versus the greenback at 103.78 per dollar, while Sterling was last trading at $1.3564, up 0.01% on the day. "Once (Treasury yields) start to move, as they did yesterday, it wasn’t a big move but it was in the right direction, that is the direction of the future," said Joseph Trevisani, senior analyst at FXStreet.com. Oil prices touched their highest since late February as markets remained focused on Saudi Arabia\'s unexpected pledge to deepen its oil cuts. U.S. crude recently rose 0.57% to $50.92 per barrel and Brent was at $54.57, up 0.5% on the day. Spot gold % to $1,913.07 an ounce. Silver gained 0.19% to $27.16. Bitcoin hit a record high that breached the $40,000 mark, and was last up 7.05% at $39,446.75. (Reporting by Rodrigo Campos; additional reporting by Tom Wilson and Noah Browning in London, Laura Sanicola, Herbert Lash and Chuck Mikolajczak in New York and Karen Pierog in Chicago; Editing by Alistair Bell, Nick Zieminski and Dan Grebler)', 'By Rodrigo Campos NEW YORK (Reuters) -Bond prices dropped and stocks hit record highs on Thursday as investors bet Democratic control of the U.S. Congress would enable President-elect Joe Biden to borrow and spend heavily, while higher yields helped a bruised dollar recover from near three-year lows. The bullish sentiment remained throughout the day even as the top two Democrats in Congress called for President Donald Trump to be removed from office, one day after his supporters stormed and vandalized the U.S. Capitol in a rampage that left four people dead. U.S. Treasuries prices extended their steepest sell-off in months, with the benchmark yield at its highest in 10 months. Victories in two Georgia races handed the Democratic Party narrow control of the U.S. Senate, bolstering Biden\'s power to pass his agenda with his party controlling both chambers. The MSCI world equity index, which tracks shares in almost 50 countries, rose more than 1% to hit a record high for the third session this week. After a shaken Congress formally certified Biden\'s election victory in the early hours of Thursday, Wall Street focused on the implications of the Democrats\' control of Congress. Major indexes hit record highs on bets that more pandemic stimulus will help the economy ride out the downturn. "The market is now looking past Trump and it\'s looking forward to a Biden presidency, more structure and stimulus," said Dennis Dick, a trader at Bright Trading LLC. "A Democratic Congress is going to obviously be more concerned about the small businesses, and the Main Street." The Dow Jones Industrial Average rose 211.73 points, or 0.69%, to 31,041.13, the S&P 500 gained 55.65 points, or 1.48%, to 3,803.79 and the Nasdaq Composite added 326.69 points, or 2.56%, to 13,067.48. The pan-European STOXX 600 index rose 0.51% and MSCI\'s gauge of stocks ac **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: 2021-01-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $694,063,265,294 - Hash Rate: 155331251.95263115 - Transaction Count: 401744.0 - Unique Addresses: 940647.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.91 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SAN FRANCISCO, CA / ACCESSWIRE / December 17, 2020 /TRON is celebrating a record year for its decentralized network, in which a string of new acquisitions, integrations, and benchmarks were revealed. TRON now supports the world's largest distributed network for entertainment, gaming, trading, and file sharing. Throughout 2020, records were broken and milestones met as the TRON network expanded, onboarding millions of new users and entering new verticals including defi. More than 1.3 billion transactions have now been made on the TRON network and over 16 million wallets created. In 2020, TRON-based dApps also broke new records, and currently average over 100,000 daily active users. 1,400 dApps have now been created on the TRON network, with a daily transaction volume of over $12 million. "2020 was the year when crypto went mainstream, and TRON played a pivotal role in integrating blockchain technology into the everyday life of billions" said Justin Sun, Founder of TRON and CEO of BitTorrent, reflecting on a bumper year for the decentralized network."Through products such as JustSwap, BTFS, Steemit, and DLive, TRON is bringing the benefits of crypto to a global audience, enabling P2P payments, file-sharing, trading, and much more." TRON highlights in 2020 include the following: • On February 14, TRON revealed that it had acquired Steemit Inc, the blockchain micro-blogging network. • In April, TRON saw the fruition of their Samsung partnership as the Exclusive TRON section launched on the Samsung play store. • In May, the JST token sale on Poloniex sold out in under five minutes before climbing to 20x its listing price and being added to leading exchanges Binance, Huobi, and OKEx. • On May 30, BitTorrent File System (BTFS) went live, forming the world's largest P2P storage network with 100 million user-controlled nodes and 1,000 TRON full nodes. • In July, TRX and JST were integrated into 13,000 ATMs via the MeconCash crypto payment platform. • In August, TRON partnered with Waves to provide interoperability between the two networks, using the Gravity protocol to make TRC20 tokens compatible with Waves. • On August 13, BitTorrent File System became the official decentralized storage platform for JUST token, after it was revealed that BitTorrent's software had been installed by 2 billion users worldwide. • Also in August, decentralized TRON exchange JustSwap launched, facilitating trustless trading of TRC20 assets. More than half a million people watched Justin Sun livestream the launch and in its first 24 hours, JustSwap facilitated $100M in trades. • JustSwap was followed by the integration of Mooniswap, from 1inch exchange, into the TRON ecosystem, to be followed by the launch of the JUST stablecoin platform and yield farming. • In September, TRON partnered with Band Protocol to obtain decentralized oracles and price feeds for dApp developers. In the same month, BitTorrent Token (BTT) was issued as a TRC20 token, allowing it to be used as collateral within the JUST ecosystem for collateralization. • In September, TRON also partnered with BitGo to deliver wrapped bitcoin (WBTC) and wrapped ether as TRC20 tokens, giving users the ability to buy and sell BTC and ETH in TRON's low-fee environment. • In October BitTorrent acquired DLive the second largest live streaming platform in Turkey and unified all BitTorrent related products and services under BitTorrent X which will be powered by BTT • On October 30th TRON also launched TRON's first Blockchain Oracle JustLink. • As of December 2020 a record $6.4 billion of Tether (USDT) now exists on the TRON blockchain, as the total market cap for stablecoins across all networks reached $25 billion. • At the start of December, TRON partnered with Huawei to add the BitTorrent app to the smartphone manufacturer's AppGallery store, making the file-sharing network accessible on up to three billion devices. • In December, TRON's first borrow lending platform JustLend went live. In 2020 TRON brought decentralization one step closer to the masses. From sharing revolutionary ideas with Warren Buffet and Steve Wozniak, to establishing a brand new DeFi ecosystem, expanding the functions of BitTorrent's denctralized storage and forging industry transforming partnerships TRON has continued to grow into one of the most active protocols in the industry. This year TRON has seen a string of prestigious partnerships beginning with a record $6.4 billionTether (USDT) on the TRON blockchain. This was followed by strategic partnerships with BitGo to launch WBTC and Wrapped Ether as TRC20 tokens on TRON. They have also partnered with Ampleforth to launch AMPL on the TRON blockchain. In 2021 TRON is going to be focused on growing and scaling their new DeFi infrastructure and expanding the functionalities of BTFS, TRON's decentralized storage ecosystem. With a host of DeFi products TRON's DeFi scheme will use JST as a foundation to integrate decentralized oracle borrow, lending, exchange, and other financial services. JST is set to evolve into a source of empowerment and become the essential token of the entire TRON DeFi ecosystem. TRON's position in DeFi illustrates the evolution of TRON, from achieving smaller victories, to being a sector leader and innovator. About TRON TRON is dedicated to building the infrastructure for a truly decentralized Internet. The TRON protocol, one of the largest blockchain-based operating systems in the world, offers high-scalability, high-availability, and high-throughput support that serves as the foundation for all decentralized applications in the TRON ecosystem. The protocol also uses an innovative, pluggable smart contract platform to improve compatibility with Ethereum smart contracts. Contact:[email protected] SOURCE:TRON View source version on accesswire.com:https://www.accesswire.com/621427/TRON-Celebrates-Record-Breaking-Year-for-the-TRON-Ecosystem... - 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:** ['By Imani Moise\nNEW YORK, Jan 7 (Reuters) - Asian stocks opened higher on Friday, with Japan hitting a three-decade high as investors looked beyond rising coronavirus cases and political unrest in the United States and bet on an economic recovery later in the year.\nFutures for the S&P 500 jumped 1.48% and Japan\'s Nikkei 225 rose 0.84%, hitting its highest level since August 1990.\nThe broadly upbeat mood came after Wall Street hit record highs on Thursday while bond prices fell as markets bet a new Democrat-controlled government would lead to heavy spending and borrowing to support the U.S. economic recovery.\n"We\'re sure to see a synchronised global recovery in the second half of this year," said ING analyst Carsten Brzeski.\n"Right now, there\'s lots of concern about the virus and noise surrounding the vaccine. But we need to take a slightly longer view."\nAustralia\'s S&P/ASX 200 gained a more moderate 0.16% after that nation\'s Queensland state enforced a three-day lockdown in its capital following the discovery of a case of the more contagious UK variant of COVID-19.\nHong Kong\'s Hang Seng index futures lost 0.02% after reports that the Trump administration was considering banning U.S. entities from investing in an expanded list of Chinese companies in the waning days of the presidency.\nU.S. government officials have begun weighing removing President Donald Trump from office before President-Elect Joe Biden\'s inauguration date of Jan. 20 after he incited a violent riot against at the U.S. Capitol building.\nOn Thursday, the Dow Jones Industrial Average rose 0.69%, the S&P 500 gained 1.48% and the Nasdaq Composite added 2.56%. MSCI\'s gauge of stocks across the globe gained 1.18%.\nBenchmark yields hit their highest level in 10 months as U.S Treasuries continued to sell off. Benchmark 10-year notes last fell 12/32 in price to yield 1.0812%. The 30-year bond last fell 27/32 in price to yield 1.859%.\nThe dollar also strengthened on hopes of a meaningful economic recovery later this year.\nThe dollar index rose 0.53% against a basket of currencies to 89.785 with the euro down 0.43% to $1.2272. Bitcoin topped $40,000 for the first time on Thursday, as the digital currency continued to be in high demand from institutional and retail investors alike. Bitcoin was last up 6.1% at $39,100 but market watchers say a pull back is likely.\nStrength in the dollar weighed on gold prices.\nSpot gold fell 0.3% to $1,913.87 per ounce but U.S. gold futures inched 0.3% higher to settle at $1,913.60.\nOil traders continued to focus on Saudi Arabia\'s pledge to deepen production cuts.\nBrent crude settled up 8 cents to $54.38 a barrel after touching $54.90, a high not seen since before the first COVID-19 lockdowns in the West. U.S. West Texas Intermediate (WTI) settled up 20 cents to $50.83, after hitting a session high at $51.28.\n(Reporting by Imani Moise; Editing by Sam Holmes)', 'By Imani Moise NEW YORK, Jan 7 (Reuters) - Asian stocks opened higher on Friday, with Japan hitting a three-decade high as investors looked beyond rising coronavirus cases and political unrest in the United States and bet on an economic recovery later in the year. Futures for the S&P 500 jumped 1.48% and Japan\'s Nikkei 225 rose 0.84%, hitting its highest level since August 1990. The broadly upbeat mood came after Wall Street hit record highs on Thursday while bond prices fell as markets bet a new Democrat-controlled government would lead to heavy spending and borrowing to support the U.S. economic recovery. "We\'re sure to see a synchronised global recovery in the second half of this year," said ING analyst Carsten Brzeski. "Right now, there\'s lots of concern about the virus and noise surrounding the vaccine. But we need to take a slightly longer view." Australia\'s S&P/ASX 200 gained a more moderate 0.16% after that nation\'s Queensland state enforced a three-day lockdown in its capital following the discovery of a case of the more contagious UK variant of COVID-19. Hong Kong\'s Hang Seng index futures lost 0.02% after reports that the Trump administration was considering banning U.S. entities from investing in an expanded list of Chinese companies in the waning days of the presidency. U.S. government officials have begun weighing removing President Donald Trump from office before President-Elect Joe Biden\'s inauguration date of Jan. 20 after he incited a violent riot against at the U.S. Capitol building. On Thursday, the Dow Jones Industrial Average rose 0.69%, the S&P 500 gained 1.48% and the Nasdaq Composite added 2.56%. MSCI\'s gauge of stocks across the globe gained 1.18%. Benchmark yields hit their highest level in 10 months as U.S Treasuries continued to sell off. Benchmark 10-year notes last fell 12/32 in price to yield 1.0812%. The 30-year bond last fell 27/32 in price to yield 1.859%. Story continues The dollar also strengthened on hopes of a meaningful economic recovery later this year. The dollar index rose 0.53% against a basket of currencies to 89.785 with the euro down 0.43% to $1.2272. Bitcoin topped $40,000 for the first time on Thursday, as the digital currency continued to be in high demand from institutional and retail investors alike. Bitcoin was last up 6.1% at $39,100 but market watchers say a pull back is likely. Strength in the dollar weighed on gold prices. Spot gold fell 0.3% to $1,913.87 per ounce but U.S. gold futures inched 0.3% higher to settle at $1,913.60. Oil traders continued to focus on Saudi Arabia\'s pledge to deepen production cuts. Brent crude settled up 8 cents to $54.38 a barrel after touching $54.90, a high not seen since before the first COVID-19 lockdowns in the West. U.S. West Texas Intermediate (WTI) settled up 20 cents to $50.83, after hitting a session high at $51.28. (Reporting by Imani Moise; Editing by Sam Holmes)', "It took me a little more than a year to get cynical. In December, 2019 I implored against the inherent cynicism of so thoroughly anticipating baseball to behave like a cold-hearted business that you barely bother to wish it wouldn\x92t. Save some earnest outrage \x97 the kind that\x92s only possible if you get your hopes up \x97 for owners who aren\x92t trying, I reasoned. Otherwise you\x92re just giving them preemptive cover not to. After all, fans didn\x92t force billionaires to buy sports franchises when Bitcoin or Google stocks or whatever else are right there. Even if it becomes expected to treat a public-facing facet of community culture like an investment in your portfolio, it still shouldn\x92t be accepted. Two months later, the Boston Red Sox traded Mookie Betts to the Los Angeles Dodgers , who would go on to win a World Series in his first year in L.A. (in between some other stuff happening). As promised, I was furious . Betts, a proven superstar entering his age-27 season and final year of team control, was shipped out of the city he brought a ring to for the sake of getting the Sox under the competitive balance tax threshold, and because we accept as incontrovertible that teams should expect more return on investment for a talented player than simply his talent on the field in the years that they pay him. In short, it was about saving money instead of building a better baseball team. That wasn\x92t new at the time but it seemed worth spelling out, excoriating the central figure (John Henry) and questioning why he had even bothered to buy the baseball team. The Mookie Betts trade of this offseason just happened: After telegraphing that they would prioritize financial flexibility over the face of their franchise for years (again, a kind of critique that eventually functions as an excuse if you repeat it enough), Cleveland traded shortstop Francisco Lindor and veteran starting pitcher Carlos Carrasco to the Mets in exchange for infielders Amed Rosario and Andrés Giménez and a couple of prospects . Story continues The fact that a team would willingly trade Francisco Lindor is a sign of baseball's rot. (AP Photo/Aaron Doster) Carrasco is a beloved starter with a track record of success that bolsters the back end of a top-heavy Mets rotation. Lindor, just like Betts had been, is a proven superstar entering his age-27 season and final year of team control, and the Mets will likely look to extend him before he ever becomes a free agent . And the return to Cleveland? I\x92m sure it was the best their front office could find after abdicating the obvious leverage of making it seem like you even want to keep a perennial All-Star in his prime. On one hand, the analysis is easy: No one thinks this is anything other than a salary dump for Cleveland, which is left with the lowest projected payroll in baseball . On the other hand, the analysis is becoming unnecessary: Color me cynical because I\x92m running out of ways or will to complain that baseball owners don\x92t treat the game with the same enthusiasm, affection, effort, or even interest as a casual fan, let alone a participant. It\x92s hard to find something new to say because what\x92s the point of parsing the symptoms when the disease itself has already been diagnosed? Smarter people than I have written incisive takedowns of a system that\x92s doing exactly what it\x92s supposed to : Namely, enrich the owners with little risk. The past few years have been nothing if not a repetitive, eye-opening testament to how owners would rather profit than win \x97 and while not mutually exclusive, those endgames are increasingly divorced from each other. That Cleveland would trade Lindor \x97 and the Tampa Bay Rays would trade Blake Snell , and the Chicago Cubs would trade Yu Darvish \x97 is proof of that. But if no one\x92s denying it \x97 at least not credibly \x97 what\x92s the fun in amassing evidence? For a while, I said there were no bad trades in baseball. Not that there never had been or that any hypothetical trade would be a good one, but rather to define the stretch of time in which all front offices were equally saber **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: 2021-01-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $694,063,265,294 - Hash Rate: 136839436.24398455 - Transaction Count: 358526.0 - Unique Addresses: 883788.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Geber86 / Getty Images While the overall economy is still suffering from the coronavirus pandemic, the stock market already has bounced back. After bottoming out in March, the Dow Jones Industrial Average and S&P 500 each had jumped more than 50% by mid-August, ABC News reported. But is the market due for a downswing? And are stocks a good choice for every type of investor? What might seem like a good investment for you might be too risky — or too safe — for someone else. Your Money: 3 Toxic Investments You Should Avoid In general, the most conservative investments offer the lowest returns but protect your initial investment. As you move up the risk ladder you take on greater price volatility in exchange for potentially higher long-term returns. Cash investments are the least risky, followed by bonds and stocks. Not sure where to invest right now? Here’s how the experts say you should invest your money amid the pandemic . Last updated: Dec. 30, 2020 RgStudio / Getty Images Smart Beta Minimum Volatility Funds Safe or Risky: High-risk, high-reward Smart beta funds attempt to use various investment factors that have been proved to enhance long-term returns. Low volatility funds are a subset of smart beta funds that aim to reduce risk by investing in lower-volatility securities. Although these funds cannot eliminate risk, their investment mandate is to at least smooth out the ride. This can make investing in the market less stressful during the uncertainty caused by the coronavirus. THINK A / Shutterstock.com International Stock Funds Safe or Risky: High-risk, high-reward The United States comprises approximately 44% of the world’s stock market capitalization, so it’s always been a good idea to diversify into international stock funds. In any given year, the U.S. might or might not be the country with the highest stock market returns, so diversifying your exposure makes sense. This is particularly true during periods of uncertainty. U.S. and global stocks experience different economic and market forces, even during the current global emergency, so owning international stock funds leads to lower portfolio volatility and higher, risk-adjusted returns. Story continues ©Shutterstock.com / Shutterstock.com Real Estate Investment Trusts (REITs) Safe or Risky: High-risk, high-reward Real estate investment trusts enable small investors to own a piece of the real estate pie. A REIT is a firm that owns or finances income-producing real estate. Similar to mutual funds, REITs offer investors regular income streams, diversification and the potential for long-term capital appreciation. During the outset of the coronavirus crisis, many REITs got pummeled as the world essentially shut down and the revenue stream for these companies dried up. Once the crisis is resolved, however, the REITs that are in a stronger financial position could end up appreciating significantly, in addition to maintaining their dividends. Still, this amounts to a risky bet, as no one is certain how long this crisis will last. Luke Lloyd, wealth advisor and investment strategist at Strategic Wealth Partners , recommends investing in data center REITs. “Commercial real estate could take a hit given the current mentality of ‘work from home’ and the need for less office space,” he said. “However, there could be opportunities in data center REITs that house the infrastructure buildout of the technology sector. These data centers house the servers and technology that support the cloud network companies operate on.” NoSystem images / Getty Images Robo-Advisor Investment Manager Safe or Risky: Variable depending on manager and investments Robo-advisor accounts automatically manage your investments in line with your risk tolerance and goals. Vanguard, Schwab and independent shops — including Personal Capital, Wealthfront, SigFig and Betterment — offer a variety of robo-advisor accounts and services. Robo-companies create diversified portfolios with low account management fees, and some offer access to a human investment advisor. Most robo-advisor accounts include easy-to-use investment apps. During times of market uncertainty, a robo-advisor can be a good option because it takes emotion out of the investing equation. Rather than trying to manage your own portfolio, agonizing over the large losses and wondering if you should buy or sell, a robo-advisor will keep you to your predetermined investment plan. Find Out: How To Protect Your Retirement Savings During the Coronavirus Pandemic Geber86 / Getty Images US Treasury Inflation-Protected Securities (TIPS) Safe or Risky: Safe U.S. Treasury Inflation-Protected Securities, or TIPS, are safe in that they are backed by the full faith and credit of the U.S. government. You can buy individual Treasury inflation-protected bonds on the Treasury Direct website or in a low-fee mutual or exchange-traded fund. TIPS protect your cash from inflation. While you won’t have to worry about losing your principal, you might not get much by way of a return. Inflation is likely to be held in check throughout the coronavirus crisis, as falling demand overall is likely to more than offset the temporary price spikes in certain goods. This dampens the inflation-protection element of these bonds, as inflation is unlikely to rise dramatically, thereby lowering overall return. wastesoul / Getty Images/iStockphoto Municipal Bond Funds Safe or Risky: Safe, but riskier than usual Generally, municipal bonds’ interest payments are tax-free on the federal level, and if they’re issued by your state, you won’t have to pay state taxes. Municipal bonds are traditionally a safe haven for investors, but in the current market environment, they might be riskier than usual. With rampant unemployment and the shutdown of almost every aspect of American life, the credit quality of these bonds could take a significant hit. This is particularly true of revenue bonds, which rely on consumers using their services to pay the interest on the bonds. One way to diminish this risk is to buy insured municipal bonds only — although in that case, you’re relying on the solvency of the underlying insurers as well. SDI Productions / Getty Images 529 College Savings Plan Safe or Risky: Varies based on chosen investments A 529 plan is a tax-advantaged savings vehicle designed to help you save for college for a child or family member. Also known as a qualified tuition plan, 529s are sponsored by states, state agencies and educational institutions. You can choose from a variety of stock, bond and cash investments in your 529 account. Although the investments in these accounts are likely to remain volatile for the foreseeable future, 529 plans are generally long-term investments. If your child has 10 or more years before the money will be needed for college, you’ve got a long runway to earn back any losses and then some. Regular investments in these plans during volatile market times actually can add to your long-term returns over time, as markets historically recover from major sell-offs. Tips: Investing ‘Rules’ You Shouldn’t Follow MicroStockHub / Getty Images/iStockphoto Global Bond Funds Safe or Risky: Moderate Investing in a foreign country’s debt can increase your returns and diversify your investment portfolio. When you invest in global bond funds, however, you take on additional risk. All bond funds carry interest rate risk, which is the risk that your value decreases as interest rates rise. Global bond funds also might carry currency risk unless they are hedged. In these uncertain times, global bonds also have additional country and political risk, as the economic devastation wreaked by the global shutdown is hard to quantify on a country-by-country basis. agrobacter / Getty Images Certificates of Deposit Safe or Risky: Safe Certificates of deposit offer a fixed rate of interest on your investment for a predetermined period of time. CDs also have the benefit of Federal Deposit Insurance Corp. guarantees of up to $250,000 per account. This can provide peace of mind in troubled times, such as during the current pandemic. If you can afford the initial investment, Juan Carlos Cruz, founder of Britewater Financial Group in Brooklyn, New York, said he recommends investing in high-yield CDs, which typically offer higher rates than a standard CD. “The HYCD works just like a regular CD, but may require a higher balance than other CDs and to hold for a longer period of time,” he said. “Please do your research and check with your local bank for the minimum deposit for this type of account.” CD laddering is a smart strategy that enables you to take advantage of regular investments to garner the best yields, regardless of whether rates are rising or falling going forward. For example, if you have $10,000 to invest, you might spread that out by investing $2,000 each in a 12-, 24-, 36-, 48- and 60-month CD. Look online for promotional CD rates to get the most bang for your buck. bernardbodo / Getty Images/iStockphoto Broad-Based US Bond Funds Safe or Risky: Moderate A diversified bond fund such as the iShares Core U.S. Aggregate Bond ETF (ticker: AGG) or a mutual bond fund like the Vanguard Total Bond Market Index Fund Investor Shares (ticker: VBMFX) can provide you with great exposure to the U.S. investment-grade bond market. Both funds spread your investments out among corporate bonds and U.S. government bonds with various maturities. The risk you take when you invest in anything but the shortest-term bond funds is that when interest rates rise, the underlying principal value is likely to fall. As interest rates are at historic lows, if rates rise in the future, you could lose some of your principal. Options: 19 Areas To Invest In During a Financial Crisis Rawpixel / Getty Images/iStockphoto Target-Date Funds Safe or Risky: Less risky Also known as lifecycle funds, target-date mutual funds are designed for the investor who wants a “set it and forget it” retirement investing option. Ch... - Reddit Posts (Sample): [['u/babtras', 'Trezor funds stolen upon sign-in to web wallet', 11, '2021-01-08 00:00', 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/', "My brother just got his Trezor out after a few years in storage, just to see how much BTC he had. He visited trezor.io and entered his PIN. Within moments of signing in, his wallet was emptied. It was not a transaction he initiated. \n&amp;nbsp; \nI'm afraid to even look at my Trezor wallet now. What could have caused this? Obviiously if the seed was compromised somehow, the transaction would have happened sometime in the last few years. Instead it happened the moment he connected his Trezor.", 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/', 'ksp5hv', [['u/babtras', 72, '2021-01-08 00:15', 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/gihb284/', 'Update: He used Windows search for "Trezor wallet" to find the Trezor website. The first result provided by bing is an ad for "trezor Official Site" but goes to a clone site that asked for his seed, and the idiot typed it in. \n&amp;nbsp; \nI\'m pissed with MS / Bing now. Promoting scam sites above legitimate sites.', 'ksp5hv'], ['u/b-roc', 26, '2021-01-08 00:27', 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/gihchv4/', 'Open/shut case. Thanks for the update.\n\nHowever, more than entering the PIN would have been required. Your brother must have entered his seed too.', 'ksp5hv'], ['u/test_tickles', 20, '2021-01-08 02:22', 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/gihq24m/', '&gt;a clone site that asked for his seed, and the idiot typed it in.', 'ksp5hv'], ['u/shadowofashadow', 16, '2021-01-08 03:59', 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/gii1bj4/', "&gt; I'm pissed with MS / Bing now. Promoting scam sites above legitimate sites.\n\nI totally feel you but using a device like this without understanding what the seed is or what it does is a tightrope walk. Anyone using a trezor should know immediately that you're being scammed if you're asked for your seed.\n\nThis is like getting a mortgage and not knowing what interest is... a bad idea.", 'ksp5hv'], ['u/gunslinger_006', 14, '2021-01-08 04:27', 'https://www.reddit.com/r/TREZOR/comments/ksp5hv/trezor_funds_stolen_upon_signin_to_web_wallet/gii4dmp/', 'I am sorry for your bro, but thank you for coming back and posting the resolution.', 'ksp5hv']]], ['u/Green-Echo-4308', 'HODL. If there is anything nano should learn from btc community that is HODL.', 88, '2021-01-08 00:10', 'https://www.reddit.com/r/nanotrade/comments/kspdzu/hodl_if_there_is_anything_nano_should_learn_from/', 'This was an answer to another post like "there is nothing wrong with taking profits" but i made it into a separate post because all of us need to hear this:\nHODL!\n\nI know you felt fear or hunger or what ever you felt that made you to dump your stack but if you break the line and panic others will follow you and then we are back to depression and shark whales preying on us.\nOf course this a hard lesson to learn but we got to learn this as a group, like btc has learned along the many upp and down market cycles. And they survive. And they are strong together. And they thrive.\n\nNano is one of a kind in the realm of crypto currencies. Is so powerfull. Is build by his creator to fulfill one purpose: frictionless value transfer and it does that great. Is a no brainer that nano should be at least above perpetual shitcoins like bch or ltc. But for that to happend we got to defend what is ours. We got to HODL the line together and not freak out and run like sheep with pennies while having left the big money on the table.\n\nHODL also protect many of us who believe in crypto and in nano but have to carry our daily lives in peace and can not stare in the phone all day to try in vain to time a meagre trade but in the end cought outside and lose the train. \n\nSo sell if you don\'t have nothing to eat but if you don\'t starve to death just now then buckle down and HODL. \nYou will say that I am a crazy tribal nano maximalist and may be I am because I do not own other crypto but: The value of btc and other crypto currencies is not backed by the police or by the taxman but is backed by our common vision about what money should be. And the value of nano is the value we believe is worth and the value that we are willing to stand for.\nSo if you want to see nano in top 5 just HODL and we will get there together.', 'https://www.reddit.com/r/nanotrade/comments/kspdzu/hodl_if_there_is_anything_nano_should_learn_from/', 'kspdzu', [['u/Green-Echo-4308', 15, '2021-01-08 00:22', 'https://www.reddit.com/r/nanotrade/comments/kspdzu/hodl_if_there_is_anything_nano_should_learn_from/gihbygo/', 'May be is not the best place in here for this post but it got throwned out from the nano subreddit because of the numbers in it. \n😂😂😂😂😂😂😂', 'kspdzu'], ['u/JusticeLoveMercy', 35, '2021-01-08 01:01', 'https://www.reddit.com/r/nanotrade/comments/kspdzu/hodl_if_there_is_anything_nano_should_learn_from/gihgok5/', "I haven't sold a single Nano and planning to buy more in the coming years. This is going to be the #1 crypto", 'kspdzu'], ['u/navegato', 13, '2021-01-08 02:30', 'https://www.reddit.com/r/nanotrade/comments/kspdzu/hodl_if_there_is_anything_nano_should_learn_from/gihr212/', 'Adoption has to start with people buying the coin and having it. They will do that overwhelmingly more if the price is rising.', 'kspdzu']]], ['u/JelloSquirrel', 'What (I think) is happening and what is going to happen', 93, '2021-01-08 00:19', 'https://www.reddit.com/r/Buttcoin/comments/kspk6n/what_i_think_is_happening_and_what_is_going_to/', "I posted this as a comment in another thread, but felt I put enough effort into it to make it into its own thread. \n\nTl;dr My general thought is that right now, fake Tether is being produced and flowing out from Binance and Huobi into other Tether exchanges and DeFi markets in order to capture all their crypto. Additionally, some amount of Tether and crypto from Binance is making it to Kraken and Coinbase to cash out via fiat markets. A couple weeks ago, the ratio of Tether to real fiat was about 4x, and now it's about 10x, effectively leveraging up the entire crypto market place, except about 90% of the cash is (likely) to be worthless in the near future, as exchanges around the world become increasingly liable for money laundering and unbacked Tether due to changing laws around the world.\n\nTl;dr;tl;dr\nUSD to USDT markets (Kraken) are being directly drained by Tether. Fiat markets (primarily Coinbase) are being indirectly drained by Tether via pumping up Bitcoin prices and cashing out. DeFi and Tether exchanges are being drained of their non-tether crypto in exchange for Tether, potentially via collateralized loans offering very attractive interest rates. Fiat off ramps will likely close to Tether this month, and Tether exchanges hunted down over the next year or two as Tether is shut out of more and more exchanges.\n\nFurther thoughts below:\nAs the bitcoiners would say, do your own research! (dyor)\n\nBut I've spent some time doing napkin research on flows, money laundering, and money laundering laws.\n\nSo let's start: 1) Bittrex and Poloniex are already involved in the NYAG Tether lawsuit, so I think it's they're likely to be held liable for running a Tether based exchange when new Anti Money Laundering rules take effect.\n\n2) ChainAnalysis's report on crypto money laundering identifies Huobi and Binance as accounting for roughly 50% of all crypto money laundering. All other exchanges (most likely tether based), peer 2 peer, and and DeFi markets account for the other 50%, which will be harder to deal with than a centralized exchange but also have less volume. https://blog.chainalysis.com/reports/money-laundering-cryptocurrency-2019\n\n3) Researching Binance, it's based out of Malta, an EU country, and Huobi, based out of the Seychelles. This means to effectively deal with money laundering on these exchanges requires legal changes in those countries.\n\n4) At the end of December, the USA published new anti money laundering rules for crypto with an extremely short 15 day comment period before they take effect. So some time in January, these laws take effect. The key changes seem to be requiring exchanges to verify positive control on all sends and receives, the requirement that exchanges maintain 100% backing for all stable coins, and that individuals and exchanges can be held liable for touching laundered cryptocurrency. This opens exchanges and individuals in the USA to legal liability, and makes the usage of Tether a legal liability if 100% backing at the exchange can't be verified. This opens US based exchanges that use Tether to money laundering charges this month, as well as individuals involved with it. Coinbase doesn't use Tether, but I wouldn't be surprised to see them get served court papers just because of their size in the cryptocurrency space, the largest fiat on/off ramp. https://www.pymnts.com/cryptocurrency/2020/us-treasury-proposes-new-disclosure-rules-on-bitcoin-other-cryptos/\n\n5) The EU is rolling out new crypto anti money laundering laws under 6AMLD, that are required to take effect on June 3rd. As an EU member, Malta will then be obligated to take action against Binance, which is based out of Malta. https://www.electronicid.eu/en/blog/post/what-is-6amld/en\n\n6) The Seychelles, home of the #2 money launderer Huobi, is also launching new crypto anti money laundering rules, rolling out sometime between now and 2023. Based on their strategic plan, it looks like most of these will be implemented in the August to December time frame this year, opening up Huobi to legal action. https://www.seychellesf... 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:** ["There\x92s never been a lack of skepticism surrounding cryptocurrency . And it\x92s fair to say the jury still wavers at times. But with 2021 just a week old, the world\x92s most polarizing and misunderstood currency is making a strong case for its staying power. On Thursday, the price of a single Bitcoin, the oldest virtual currency, topped $40,000 for the first time, according to Business Insider . The 12 percent increase on the day pushed the total value of Bitcoin to over $700 billion and all cryptocurrency to over $1 trillion for the very first time. More from Robb Report Crypto-Cat? This Sleek 52-Foot Sailing Catamaran Was Just Bought With Bitcoin 'Sitting This out Seems a Poor Option': Why Now Is the Best Time to Invest in Cryptocurrencies Bitcoin vs . Ethereum: Which Cryptocurrency Should You Invest In? The surge continued into Friday, with Bitcoin valued at over $41,000 as of press time. That means that value of Bitcoin has risen by over 400 percent over the last year. Interest in the virtual currency has been especially high over the last month, during which time its value has more than doubled. The interest has reportedly been driven by investor\x92s desire for an alternative asset not tied to a central bank, unlike the dollar or euro. Of course, that interest may or may not last. If nothing else, cryptocurrency has proven itself to be quite volatile in recent years. The value of Bitcoin, for example, crashed from $19,000 to $3,200 between 2017 and 2018. For now, the news is good. With a market cap of over $1 trillion, cryptocurrencies are now worth almost half as much as Apple, the world\x92s most valuable company, reports Business Insider. It also makes cryptocurrency more valuable than the entire Swiss economy. While the recent surge in Bitcoin value is great news investors, this is especially true for Satoshi Nakamoto. The creator of the virtual currency is believed to own one million Bitcoin. If true, Ars Technica reports that the investment would put his net worth at more than $40 billion. That would make him one of the 35 richest people in the world, according to the Bloomberg\x92s Billionaire Index . Bitcoin may be the currency that has most benefited from the recent surge in interest, but other virtual currencies have also seen their value rise as well. By the end of trading on Thursday, Ether, which is used by the Ethereum network, was valued at $140 billion Meanwhile, other notable currencies aren\x92t doing too shabby either. Tether is now worth $22 billion, Litecoin sits at $11 billion, and Bitcoin Cash checks in at $8 billion. Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .", "There\x92s never been a lack of skepticism surrounding cryptocurrency . And it\x92s fair to say the jury still wavers at times. But with 2021 just a week old, the world\x92s most polarizing and misunderstood currency is making a strong case for its staying power. On Thursday, the price of a single Bitcoin, the oldest virtual currency, topped $40,000 for the first time, according to Business Insider . The 12 percent increase on the day pushed the total value of Bitcoin to over $700 billion and all cryptocurrency to over $1 trillion for the very first time. More from Robb Report Crypto-Cat? This Sleek 52-Foot Sailing Catamaran Was Just Bought With Bitcoin 'Sitting This out Seems a Poor Option': Why Now Is the Best Time to Invest in Cryptocurrencies Bitcoin vs . Ethereum: Which Cryptocurrency Should You Invest In? The surge continued into Friday, with Bitcoin valued at over $41,000 as of press time. That means that value of Bitcoin has risen by over 400 percent over the last year. Interest in the virtual currency has been especially high over the last month, during which time its value has more than doubled. The interest has reportedly been driven by investor\x92s desire for an alternative asset not tied to a central bank, unlike the dollar or euro. Of course, that interest may or may not last. If nothing else, cryptocurrency has proven itself to be quite volatile in recent years. The value of Bitcoin, for example, crashed from $19,000 to $3,200 between 2017 and 2018. For now, the news is good. With a market cap of over $1 trillion, cryptocurrencies are now worth almost half as much as Apple, the world\x92s most valuable company, reports Business Insider. It also makes cryptocurrency more valuable than the entire Swiss economy. While the recent surge in Bitcoin value is great news investors, this is especially true for Satoshi Nakamoto. The creator of the virtual currency is believed to own one million Bitcoin. If true, Ars Technica reports that the investment would put his net worth at more than $40 billion. That would make him one of the 35 richest people in the world, according to the Bloomberg\x92s Billionaire Index . Bitcoin may be the currency that has most benefited from the recent surge in interest, but other virtual currencies have also seen their value rise as well. By the end of trading on Thursday, Ether, which is used by the Ethereum network, was valued at $140 billion Meanwhile, other notable currencies aren\x92t doing too shabby either. Tether is now worth $22 billion, Litecoin sits at $11 billion, and Bitcoin Cash checks in at $8 billion. Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .", "There\x92s never been a lack of skepticism surrounding cryptocurrency . And it\x92s fair to say the jury still wavers at times. But with 2021 just a week old, the world\x92s most polarizing and misunderstood currency is making a strong case for its staying power. On Thursday, the price of a single Bitcoin, the oldest virtual currency, topped $40,000 for the first time, according to Business Insider . The 12 percent increase on the day pushed the total value of Bitcoin to over $700 billion and all cryptocurrency to over $1 trillion for the very first time. More from Robb Report Crypto-Cat? This Sleek 52-Foot Sailing Catamaran Was Just Bought With Bitcoin 'Sitting This out Seems a Poor Option': Why Now Is the Best Time to Invest in Cryptocurrencies Bitcoin vs . Ethereum: Which Cryptocurrency Should You Invest In? The surge continued into Friday, with Bitcoin valued at over $41,000 as of press time. That means that value of Bitcoin has risen by over 400 percent over the last year. Interest in the virtual currency has been especially high over the last month, during which time its value has more than doubled. The interest has reportedly been driven by investor\x92s desire for an alternative asset not tied to a central bank, unlike the dollar or euro. Of course, that interest may or may not last. If nothing else, cryptocurrency has proven itself to be quite volatile in recent years. The value of Bitcoin, for example, crashed from $19,000 to $3,200 between 2017 and 2018. For now, the news is good. With a market cap of over $1 trillion, cryptocurrencies are now worth almost half as much as Apple, the world\x92s most valuable company, reports Business Insider. It also makes cryptocurrency more valuable than the entire Swiss economy. While the recent surge in Bitcoin value is great news investors, this is especially true for Satoshi Nakamoto. The creator of the virtual currency is believed to own one million Bitcoin. If true, Ars Technica reports that the investment would put his net worth at more than $40 billion. That would make him one of the 35 richest people in the world, according to the Bloomberg\x92s Billionaire Index . Bitcoin may be the currency that has most benefited from the recent surge in interest, but other virtual currencies have also seen their value rise as well. By the end of trading on Thursday, Ether, which is used by the Ethereum network, was valued at $140 billion Meanwhile, other notable currencies aren\x92t doing too shabby either. Tether is now worth $22 billion, Litecoin sits at $11 billion, and Bitcoin Cash checks in at $8 billion. Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .", 'Bitcoin, BTC to USD, rose by 2.85% on Friday. Following on from a 7.09% rally on Thursday, Bitcoin ended the day at $40,509.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $36,555.0 before making a move.\nThe pullback saw Bitcoin fall through the first major support level at $36,889.\nSteering clear of sub-$36,000 levels, Bitcoin rallied to a mid-afternoon intraday high and a new swing hi $41,969.0.\nBitcoin broke through the first major resistance level at $41,148 before falling back to sub-$39,000 levels.\nFinding late support, however, Bitcoin move back through to $40,500 levels to deliver the upside for the day.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $41,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nChainlinkand Polkadot slid by 4.64% and by 6.19% to lead the way down.\nBinance Coin(-2.81%),Ethereum(-0.83%), andRipple’s XRP(-0.84%) also saw red on the day.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash SVrose by 3.39% to lead the pack.\nCardano’s ADA(+1.71%),Crypto.com Coin(+2.71%), andLitecoin(+1.60%) also joined Bitcoin in the green.\nIn the current week, the crypto total market cap slid to a Monday low $735.72bn before rising to a Friday high $1,115.32bn. At the time of writing, the total market cap stood at $1,052.85bn.\nBitcoin’s dominance fell to a Monday low 67.66% before rising to a Friday high 71.37%. At the time of writing, Bitcoin’s dominance stood at 70.99%.\nAt the time of writing, Bitcoin was down by 0.84% to $40,169.0. A mixed start to the day saw Bitcoin rise to an early morning high $40,915.0 before falling to a low $40,136.0.\nBitcoin left the major support and resistanc **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: 2021-01-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $759,837,365,412 - Hash Rate: 133808024.52210464 - Transaction Count: 321389.0 - Unique Addresses: 760179.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.93 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The fight to close the growing wealth gap is “true social change” that has to begin in the private sector by raising worker wages, according to billionaire hedge fund manager Paul Tudor Jones. According to Jones, with the private economy total economic output at $20 trillion — compared to the federal government's $4.5 trillion in spending and private philanthropy's $400 billion — it makes the private sector the best place to tackle inequality. In 2013, along with a handful of others, the CIO of Tudor Investment Corp. and co-founder of Robin Hood created JUST Capital , a non-profit with a mission of promoting economic justice. Every year, the organization polls the American public about what matters to them in promoting corporate justice. And each year, the top response is, "Do you pay a fair living wage? Do you pay someone a wage that allows them with a partner to raise a child and not struggle, but thrive, not strive, but thrive?" Jones told Yahoo Finance in a recent interview. "So I think we've labored under this. I think it's a false god and false belief that we have to pay low wages in order for companies to survive and to prosper,” Jones added. According to the investor, raising the wage level for workers is could make it so "the whole pie gets bigger, and that we have the same level of profitability for companies, but we have a much stronger and more productive economy than what we have now." Right now, across 20 million workers for the 1,000 largest companies in the U.S., half of those employees do not make an income, combined with their partner working part-time, to provide a living wage for a family of three. "Again, I don't think that's really what the American Dream's about,” Jones added. A member of 'MoveOn' holds up a poster during a protest in front of McDonald's restaurant in Times Square, New York, December 4, 2013. MoveOn members will be protesting at McDonald's locations in five cities - Seattle, San Francisco, New York, Los Angeles, and Chicago, and delivering a petition started by "Low Pay is Not Okay". The petition, which is addressed to McDonald's, Burger King, Taco Bell, KFC, Pizza Hut, Domino's, Papa John's, and Subway, and has the support of nearly 50,000 MoveOn members, demands a $15/hour living wage for all fast food workers. REUTERS/Eduardo Munoz (UNITED STATES - Tags: CIVIL UNREST FOOD SOCIETY TPX IMAGES OF THE DAY) JUST Capital launched a Worker Financial Wellness Initiative that encourages companies to audit how many employees live below a living wage. It then allocate revenues toward those workers before rewarding shareholders. Otherwise, it's taxpayers who provide the subsidies, while companies pay low wages to maximize profitability at the benefit of shareholders. Story continues Jones said every corporate board and shareholder has "an important moral question" to ask. "So I think the first most important thing is for everyone to know how many of your employees don't make a living wage. And then what's your responsibility to them along those lines?” the investor asked. “I think it's a great question for every board, every person in senior management — 'Aren't our workers who are actually allowing us to provide these products and services —aren't they the most important lifeblood?'" Jones added. Julia La Roche is a correspondent for Yahoo Finance. Follow her on Twitter . Paul Tudor Jones makes bull case for Bitcoin: ‘The path forward from here is north’ Paul Tudor Jones sees ‘massive boom’ after COVID vaccine gets released... - Reddit Posts (Sample): [['u/solxsurvivor', 'Binance yet to refund me $100, then banned me.', 66, '2021-01-09 00:17', 'https://www.reddit.com/r/binance/comments/ktef46/binance_yet_to_refund_me_100_then_banned_me/', "In late November I attempted to buy two lots of $100 AUD worth of BTC ($200 total) using the 'buy crypto with bank card' option. I have screenshots to show that 2x$100 left my bank account, and got deposited into Binance, but that only $100 AUD worth of BTC was purchased and stored in my wallet. \n\nThis leaves $100 AUD of my money that is not in my Binance wallet, nor has it been refunded.\n\nI got my request upgraded to a ticket in early December with a promise of a response in 48 hours. Only in the last couple days (about a month later!) did I get a follow up to my ticket, which didn't even address my problem and just listed off a few support topics I could have just read in the FAQ.\n\n&amp;#x200B;\n\nTo make matters worse, a few days ago when trying to buy some BTC with my card (infuriatingly when it was at about 30k USD) I was told that my fiat deposit had failed and that my deposit function was now suspended. So not only has $100 been withheld from me, but more hundreds in potential earnings gone from not allowing me to buy BTC.\n\nAny help would be greatly appreciated.", 'https://www.reddit.com/r/binance/comments/ktef46/binance_yet_to_refund_me_100_then_banned_me/', 'ktef46', [['u/Javibs69', 19, '2021-01-09 01:41', 'https://www.reddit.com/r/binance/comments/ktef46/binance_yet_to_refund_me_100_then_banned_me/gilrgfn/', 'Chargeback', 'ktef46'], ['u/FlowFreal', 17, '2021-01-09 02:05', 'https://www.reddit.com/r/binance/comments/ktef46/binance_yet_to_refund_me_100_then_banned_me/gilubk6/', 'This is ridiculous, all i see is people posting problems with binance.\n\nShould i switch exchanges? How are people completely new to crypto supposed to trust these exchanges that outright seem to scam people? \n\nBitcoin and crypto are supposed to be completely private and secure and this shit doesn’t help.\n\nHope you get your shit sorted bro. Had to rant.', 'ktef46'], ['u/mem269', 12, '2021-01-09 02:21', 'https://www.reddit.com/r/binance/comments/ktef46/binance_yet_to_refund_me_100_then_banned_me/gilw6io/', "They've always been super useful to me even when it was fully my fault, it's just that people don't come for help for good experiences.", 'ktef46']]], ['u/Seven_Swans7', 'The basis for bitcoin "gaining" USD value, is directly correlated to how worthless the USD is becoming.', 25, '2021-01-09 00:46', 'https://www.reddit.com/r/Bitcoin/comments/ktf0ni/the_basis_for_bitcoin_gaining_usd_value_is/', "It's that simple. You are not buying bitcoin. You are trading worthless paper for encrypted cash flow.", 'https://www.reddit.com/r/Bitcoin/comments/ktf0ni/the_basis_for_bitcoin_gaining_usd_value_is/', 'ktf0ni', [['u/endlessroad5', 10, '2021-01-09 00:49', 'https://www.reddit.com/r/Bitcoin/comments/ktf0ni/the_basis_for_bitcoin_gaining_usd_value_is/gill7kx/', 'Cringe', 'ktf0ni']]], ['u/NYKyle610', 'Bitcoin was just an answer on tonight’s Jeopardy, Alex Trebek’s last episode!', 801, '2021-01-09 01:06', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/', 'The question was “what currency is the unit Satoshi derived from?”\n\nNo one knew the answer. We’re still early!', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/', 'ktfehj', [['u/TheBTC-G', 20, '2021-01-09 01:07', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilng66/', 'Bullish', 'ktfehj'], ['u/randrand127', 240, '2021-01-09 01:15', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilocf4/', 'No one knew the answer? bruh maybe I’m way earlier than I thought. I talked to a friend today about bitcoin and he has no idea what it is or how it works', 'ktfehj'], ['u/ZeitgeistGuy', 13, '2021-01-09 01:22', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilp840/', 'Are you serious? PST am watching later. Pfft.', 'ktfehj'], ['u/vaginasaladwastaken', 17, '2021-01-09 01:38', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilr5jx/', 'There was one guess of "Japan" and then crickets.', 'ktfehj'], ['u/Godspeedhero', 80, '2021-01-09 01:41', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilrh49/', 'Early as fuck. Unlike many here. I am always hoping the price goes DOWN because that means I can be even earlier.', 'ktfehj'], ['u/elgwano', 13, '2021-01-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilthd9/', 'Yeah I saw that. The guy answered Japanese or something 😂.', 'ktfehj'], ['u/Schapsouille', 70, '2021-01-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilvzzj/', "Most people don't know or care how fiat works. As early as we are, some people will always be late.", 'ktfehj'], ['u/DangerIsMyUsername', 18, '2021-01-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gilw0do/', 'my man', 'ktfehj'], ['u/therocketofpoop', 47, '2021-01-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gim319p/', 'Alex was Satoshi Nakamoto', 'ktfehj'], ['u/kayelem87', 22, '2021-01-09 03:41', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gim5h78/', 'Flash is no longer supported.', 'ktfehj'], ['u/ba5icsp00k', 42, '2021-01-09 03:56', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gim798m/', 'I texted my bro that Bitcoin breached like 30k or something and he was like how? The markets closed it Saturday.', 'ktfehj'], ['u/AustonMothews', 10, '2021-01-09 04:26', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gimapb9/', "Just look at any Facebook news article about Bitcoin to get a sense of what the general public thinks. It's hilarious. We're VERY early.", 'ktfehj'], ['u/No-Ear_Spider-Man', 19, '2021-01-09 05:57', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gimk9uj/', "People don't realize it's not a stock? jfc...", 'ktfehj'], ['u/9trogenta', 22, '2021-01-09 07:42', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gimteif/', "I don't even know how wheels work. Yet...", 'ktfehj'], ['u/Jardrs', 11, '2021-01-09 08:09', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gimves2/', 'I think they overcome friction somehow but as always DYOR.', 'ktfehj'], ['u/Aikmero', 20, '2021-01-09 08:20', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/gimw57a/', 'Gotta get those r/wallstreetbets junkies buying bitcoin on the weekends while they nearly die waiting for Mondays bell', 'ktfehj'], ['u/bittabet', 10, '2021-01-09 15:24', 'https://www.reddit.com/r/Bitcoin/comments/ktfehj/bitcoin_was_just_an_answer_on_tonights_jeopardy/ginnukq/', 'Paid my friend for a meal with Bitcoin in like 2012. She was too lazy to cash it out.\nIt’s like $10K now lol', 'ktfehj']]], ['u/tktytkty', "I'm surprised no one's talking about $VIH (VPC Impact Acquisition Holdings)?", 102, '2021-01-09 01:32', 'https://www.reddit.com/r/SPACs/comments/ktfvnu/im_surprised_no_ones_talking_about_vih_vpc_impact/', "Per Bloomberg news, $VIH is nearing a merger with Bakkt. It's a crypto-exchange platform (basically a gambling degenerates wet dream). Think Robinhood / WeBull / TDA, etc.. but for crypto currencies.\n\n[https://www.bloomberg.com/news/articles/2021-01-08/crypto-exchange-bakkt-said-near-merger-with-victory-park-spac](https://www.bloomberg.com/news/articles/2021-01-08/crypto-exchange-bakkt-said-near-merger-with-victory-park-spac)\n\n&amp;#x200B;\n\nThis might potentially run, based alone on how hot cryptocurrencies (BTC, ETH) have been. But I'll give another reason.. ARK has been buying up $ICE (owns Bakkt). I don't know if people have caught onto this yet.\n\nhttps://preview.redd.it/a2d7sfiee7a61.jpg?width=489&amp;format=pjpg&amp;auto=webp&amp;s=c9318f51c4bf2e9d7ece9b57501fd9ada42765ce\n\nAfter receiving ARKs daily transaction update, I bought in AH. So, I'm pretty far from what's considered a safe floor at nav lol. As always, do your DD.\n\n&amp;#x200B;", 'https://www.reddit.com/r/SPACs/comments/ktfvnu/im_surprised_no_ones_talking_about_vih_vpc_impact/', 'ktfvnu', [['u/whmcpanel', 13, '2021-01-09 02:16', 'https://www.reddit.com/r/SPACs/comments/ktfvnu/im_surprised_no_ones_talking_about_vih_vpc_impact/gilvlbk/', 'Paying $17 for a rumour is the same idiocy as paying $18 for btwn on a tokopedia rumour.', 'ktfvnu'], ['u/randomstockautist', 10, '2021-01-09 02:42', 'https://www.reddit.com/r/SPACs/comments/ktfvnu/im_surprised_no_ones_talking_about_vih_vpc_impact/gilyn89/', 'I wish someone had been talking about it before yesterday! We can’t find them all.', 'ktfvnu']]], ['u/Danyoka', 'How many Mora in one dollar?', 71, '2021-01-09 01:34', 'https://www.reddit.com/r/Genshin_Impact/comments/ktfwwk/how_many_mora_in_one_dollar/', 'In Teyvat one potato costs 120 Mora. I live in Ukraine. Three kilograms of potato costs 100 hryvnas. Average weight of one potato is 192 gram. 3000 / 192 = 15,625 potatoes. 100 / 15,625 = 6,4 hryvnas per one potato. 6,4 hryvnas = 120 mora. One dollar costs about 28 hryvnas. 28 / 6,4 = 4,375. And finally 120 * 4,375 = 525. One dollar is 525 Mora. \nSo I on 29 lvl have one million Mora. It is only 1904$.\nInteresting сalculations: Everlasting Incence in quest Guizhong (Chapter 1, Act 2) costs 3 million Mora or 5714$.\nOne bitcoin co... 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 to USD, fell by 0.82% on Saturday. Partially reversing a 2.85% gain from Friday, Bitcoin ended the day at $40,168.0. It was a mixed start to the day. Bitcoin rose to an early morning high $40,915.0 before hitting reverse. Falling short of the major resistance levels, Bitcoin fell to a mid-morning intraday low $38,700.0. Steering clear of the first major resistance level at $37,386, Bitcoin rallied to a mid-afternoon intraday high $41,399.0. Falling short of the first major resistance level at $42,800, Bitcoin fell back to sub-$40,000 levels. Finding late support, however, Bitcoin moved back through to $40,000 levels to reduce the deficit on the day. The near-term bullish trend remained intact, supported by the latest breakthrough to $41,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Bitcoin Cash SV surged by 61.14% to lead the pack, with Chainlink rallying by 15.41%. Cardano’s ADA (+8.99%), Ethereum (+5.27%), and Polkadot (+5.97%) also made solid gains. Binance Coin (+3.71%), Crypto.com Coin (+3.40%), Litecoin (+3.14%), and Ripple’s XRP (+1.36%) trailed the front runners. In the current week, the crypto total market cap slid to a Monday low $735.72bn before rising to a Friday high $1,115.32bn. At the time of writing, the total market cap stood at $1,086.23bn. Bitcoin’s dominance fell to a Monday low 67.66% before rising to a Friday high 71.37%. At the time of writing, Bitcoin’s dominance stood at 69.47%. This Morning At the time of writing, Bitcoin was up by 0.85% to $40,510.0. A bullish start to the day saw Bitcoin rise from an early morning low $40,170.0 to a high $40,540.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-6.14%) and Polkadot (-0.34%) saw red early on to buck the trend. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Chainlink was up by 1.89% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $40,089 to bring the first major resistance level at $41,478 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $41,399.0. Barring an extended crypto rally, first major resistance level and resistance at $41,500 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $42,788. Failure to avoid a fall through the $40,089 pivot would bring the first major support level at $38,779 into play. Barring another extended crypto sell-off, Bitcoin should continue to steer clear of sub-$38,000 levels. The second major support level sits at $37,390. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Stock Markets Continue to Rally The Week Ahead – Economic Data, COVID-19, and Capitol Hill in Focus Gold Price Prediction – Prices Drop Sharply as Yields Continue to Rise U.S Mortgage Rates Start the Year with Another Record Low NZD/USD Forex Technical Analysis – Overbalancing Time Will Be First Sign of Weakness The Crypto Daily – Movers and Shakers – January 9th, 2021', 'Bitcoin, BTC to USD, fell by 0.82% on Saturday. Partially reversing a 2.85% gain from Friday, Bitcoin ended the day at $40,168.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $40,915.0 before hitting reverse.\nFalling short of the major resistance levels, Bitcoin fell to a mid-morning intraday low $38,700.0.\nSteering clear of the first major resistance level at $37,386, Bitcoin rallied to a mid-afternoon intraday high $41,399.0.\nFalling short of the first major resistance level at $42,800, Bitcoin fell back to sub-$40,000 levels.\nFinding late support, however, Bitcoin moved back through to $40,000 levels to reduce the deficit on the day.\nThe near-term bullish trend remained intact, supported by the latest breakthrough to $41,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nBitcoin Cash SVsurged by 61.14% to lead the pack, withChainlinkrallying by 15.41%.\nCardano’s ADA(+8.99%),Ethereum(+5.27%), and Polkadot (+5.97%) also made solid gains.\nBinance Coin(+3.71%),Crypto.com Coin(+3.40%),Litecoin(+3.14%), andRipple’s XRP(+1.36%) trailed the front runners.\nIn the current week, the crypto total market cap slid to a Monday low $735.72bn before rising to a Friday high $1,115.32bn. At the time of writing, the total market cap stood at $1,086.23bn.\nBitcoin’s dominance fell to a Monday low 67.66% before rising to a Friday high 71.37%. At the time of writing, Bitcoin’s dominance stood at 69.47%.\nAt the time of writing, Bitcoin was up by 0.85% to $40,510.0. A bullish start to the day saw Bitcoin rise from an early morning low $40,170.0 to a high $40,540.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (-6.14%) and Polkadot (-0.34%) saw red early on to buck the trend.\nIt was a bullish start to the day for the rest of the majors, however.\nAt the time of writing, Chainlink was up by 1.89% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $40,089 to bring the first major resistance level at $41,478 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $41,399.0.\nBarring an extended crypto rally, first major resistance level and resistance at $41,500 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $42,788.\nFailure to avoid a fall through the $40,089 pivot would bring the first major support level at $38,779 into play.\nBarring another extended crypto sell-off, Bitcoin should continue to steer clear of sub-$38,000 levels. The second major support level sits at $37,390.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Weekly Price Forecast – Stock Markets Continue to Rally\n• The Week Ahead – Economic Data, COVID-19, and Capitol Hill in Focus\n• Gold Price Prediction – Prices Drop Sharply as Yields Continue to Rise\n• U.S Mortgage Rates Start the Year with Another Record Low\n• NZD/USD Forex Technical Analysis – Overbalancing Time Will Be First Sign of Weakness\n• The Crypto Daily – Movers and Shakers – January 9th, 2021', 'This article was originally published on ETFTrends.com. By Mark Hackett Thoughts Markets are poised to begin 2021 similar to how 2020 ended, with a broad market rally. Last week saw a strong close to the year, with the S&P 500® Index touching its 33rd record close for 2020. The primary drivers of market strength continue to be optimism surrounding the vaccines and the benefits from the latest round of fiscal stimulus. The S&P 500 gained 68% from the March low after losing more than one-third of its value in less than a month, finishing the year with a return of 18.4%, the sixth-best performance in the past 20 years. Notable winners including the NASDAQ (+44.9%), the Russell 1000 Growth Index (+39.5%) and MSCI Emerging Market Index (+18.7%). Sentiment indicators reinforce the enthusiasm of investors, with the American Association of Individual Investors showing bearishness at multi-year lows. A Bank of America survey of fund managers showed the lowest level of cash in nearly eight years. The strong sentiment reading also reflects elevated valuations, with the S&P 500 at 22x forward earnings and the NASDAQ at 28x earnings. IPO activity also reflected the optimism, with $368 billion more than 50% above the previous high. Betting odds and polls have steadily shifted towards Democrats winning the Georgia runoff election and control of the Senate. Coinciding with that shift has been a steadily improving equity market, suggesting that investors are betting on incremental stimulus, but not enough of a mandate to drive transformational tax or regulatory reform. This is consistent with the “glass half-full” mindset of investors over the past two months. News The vaccine rollout has lagged initial estimates, with just 4.2 million doses administered as of Saturday, below the 20 million year-end goal. Doctor Fauci, while acknowledging disappointment, noted that the pace has accelerated and could be fully on track within a week. Georgia is set to hold a runoff election on Tuesday that will determine control of the Senate. The Democrats hold modest leads in polls and early voting per RealClearPolitics, while betting market Predictit gives Republicans a slight lead in odds of retaining power. Even if the Democrats gain control, the margin will be remarkably thin, and analysts are skeptical over whether a meaningful shift in tax or regulatory policy is possible. Democrat control could, however, spark another round of coronavirus stimulus and potentially an infrastructure package. Story continues What to Watch Economic data is plentiful this week, with PMI data on Monday and Wednesday, ISM data Tuesday, durable goods on Wednesday and the monthly payroll report on Friday. Originally published by Nationwide, 1/4/21 Disclaimers This material is not a recommendation to buy, sell, hold or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition, or particular needs of any specific person. Investors should work with their financial professional to discuss their specific situation. Nationwide Funds distributed by Nationwide Fund Distributors LLC ( **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: 2021-01-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $759,837,365,412 - Hash Rate: 162879650.9247733 - Transaction Count: 331865.0 - Unique Addresses: 768365.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.94 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: While Bitcoin is in the limelight for crossing the psychologically-important $18,000 mark, another coin has outpaced the weekly gains made by the apex cryptocurrency. What Happened:Yearn Finance (YFI), a decentralized finance (DeFi) coin, gained 15.93% in the 7-day period leading up to press time — beating Bitcoin’s gains of 14.48%. Yearn Finance, launched in February, is an aggregator service for investors and allows DeFi investing and yield farming. YFI gained 4.76% in a 24-hour period reaching $21,513.89, nearly rivaling the 5.77% gains made by Bitcoin. The DeFi cryptocurrency had reached $41,382.98 on Sept. 14 before plunging as low as $9,014.91 on Nov. 6. YFI has appreciated nearly 139% since then till press time. A trader, who goes by the pseudonym “Benjamin Blunts,”saidbefore the coin’s $40,000 rally that it would reach the near $50,000 mark. The current market cap of YFI is nearly $650.21 million. Why It Matters:YFI’s surge was led by a perfect storm as strong technicals, new products, yield farming, and growth in the popularity of DeFi liquidity pools buoyed the cryptocurrency, Cointelegraphreported. There are 30,000 YFI tokens in circulation and Yearn’s creator Andre Cronje did not set aside any for himself. However, more YFI can be minted,accordingto CoinDesk. “I think the ‘no inflation’ meme is here to stay,” according to Tarun Chitra, a member of Yearn’s multisig — an equivalent to the board of directors. Tarun told CoinDesk there are other ways for the system to “monetize.” Price Action:YFI traded 4.76% higher at $21,513.89 at press time while Bitcoin traded 5.77% higher at $17,599.77. Related Link:Sushi-Inspired Cryptocurrency Surged 331% In 1 Week Of Launch — Then, The Founder Cashed Out See more from Benzinga • Click here for options trades from Benzinga • Elon Musk Doles Out Advice To Maisie Williams On Whether She Should 'Go Long On Bitcoin' • As Bitcoin Nears K, A Citibank Analyst Projects 0K Levels Next Year © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/LayingWaste', 'PSA: ROGER VER DID NOT CREATE BITCOIN CASH! SATOSHI DID!', 121, '2021-01-10 00:16', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/', 'I see a lot of people say that Roger created Bitcoin cash. This is not a truth. Satoshi Nakamoto created Bitcoin cash.', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/', 'ku1x91', [['u/hero462', 40, '2021-01-10 00:25', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipfknx/', "Roger didn't endorse Bitcoin Cash until months after it's creation. He stuck w BTC until the developement reneged on doubing the blocksize.", 'ku1x91'], ['u/Brilliant_Wall_9158', 23, '2021-01-10 00:50', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipiee3/', 'Yup this false narrative is pushed by BTC people to spread FUD about BCH with their LIES. We know better and stay strong keep the truth alive 💪', 'ku1x91'], ['u/-__-_-__-_-__-', 48, '2021-01-10 01:10', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipkmod/', 'Roger Ver selling fireworks on eBay also didn’t matter when he supported BTC but now it’s apparently a really big deal', 'ku1x91'], ['u/MobTwo', 18, '2021-01-10 01:19', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/giplrot/', 'This needs to be up higher.', 'ku1x91'], ['u/throwawayo12345', 13, '2021-01-10 01:45', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipos15/', 'Then how about fucking off to your circle jerk sub that shills prices constantly so you can dump on newbs for that sweet, centralized, government fiat.', 'ku1x91'], ['u/Brilliant_Wall_9158', 10, '2021-01-10 01:54', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipprq4/', 'Sure you do buddy, sure you do ❤️', 'ku1x91'], ['u/n00byshroomy', 16, '2021-01-10 01:59', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipqdkd/', '"flipped someone off on camera"\n\nWow such a crime.', 'ku1x91'], ['u/jonald_fyookball', 38, '2021-01-10 02:04', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipqwj0/', "Even the actual fork though, wasn't Roger either.", 'ku1x91'], ['u/Ant-n', 16, '2021-01-10 02:21', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipsve0/', '&gt;\tRoger didn’t endorse Bitcoin Cash until months after it’s creation. He stuck w BTC until the developement reneged on doubing the blocksize\n\nThis, he came to BCH quite late.\n\nI guess he hoped compromise was still possible on S2X\n\nI remember being disappointed not having his support earlier.', 'ku1x91'], ['u/Frag1le', 14, '2021-01-10 02:22', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipt0ik/', 'The maxis grabbed anything they could to discredit him.', 'ku1x91'], ['u/Ant-n', 10, '2021-01-10 02:24', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/gipt62l/', '&gt;\tand constanty lies about all the big block censorship, \n\nCan you be specific?\n\nCare to give an example or share a link.', 'ku1x91'], ['u/1MightBeAPenguin', 10, '2021-01-10 04:18', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/giq5uj4/', 'Theymos blocking discussion on XT is THE example (a prime example).', 'ku1x91'], ['u/1MightBeAPenguin', 29, '2021-01-10 04:20', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/giq61xu/', "He always supported Bitcoin Cash (like he supports most other coins with fast, cheap, and reliable transactions), and wasn't opposed to it. He only dedicated his website resources and used it to promote Bitcoin Cash as Bitcoin once SegWit 2X failed. It's just a misunderstanding rather than a lie with mal-intent.", 'ku1x91'], ['u/longjumper90026', 10, '2021-01-10 05:01', 'https://www.reddit.com/r/btc/comments/ku1x91/psa_roger_ver_did_not_create_bitcoin_cash_satoshi/giqahm6/', "Roger came long after Satoshi and Roger had NOTHING to do with the development or launching of Bitcoin Cash. \n\nAt the time Bitcoin Cash was launched, Roger was still supporting BTC hoping those paid government stooges would eventually get their act together. When he ultimately realized they didn't want peer to peer electronic cash for the world, that's when he switched his support over to Bitcoin Cash (which already existed at that point). I only know this because he has told the story multiple times and others have corroborated it.\n\nDon't know the guy. But I know of him. Simply put there are not enough appreciation threads for this dude. He has been very generous as far as I can see. He is a big supporter of causes like Free Ross and many others.\n\nThank you for all your efforts Roger I hope you are greatly rewarded! You deserve it.", 'ku1x91']]], ['u/nitra007', 'Anyone born after 1990', 51, '2021-01-10 00:53', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/', 'All in or you’re a pussy\n\nHave an emergency fund/ big dip fiat stack 5% and rest bitcoin or g*ns \n\nYou could fall flat on your face and be 28-35 with the rest of your life ahead of you\n\nAny rich 60 year old will swap their status to be 25 and broke again\n\nATTACK!!!\n\n\nPlease don’t buy any shitcoins', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/', 'ku2l90', [['u/kx2UPP', 17, '2021-01-10 00:56', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/gipj2te/', 'What if you’re born on 1990', 'ku2l90'], ['u/moonRekt', 60, '2021-01-10 00:58', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/gipjbiy/', 'U speak some truth but also sound drunk. I’m inspired and reducing my 10% fiat stack to 5% so im not a bitch', 'ku2l90'], ['u/nitra007', 38, '2021-01-10 01:09', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/gipkl9k/', 'Both are true', 'ku2l90'], ['u/jerry_03', 10, '2021-01-10 05:21', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/giqcowf/', 'im 29. Im about 75% in BTC. 20% in stocks. 5% in USD (savings account)', 'ku2l90'], ['u/cats', 15, '2021-01-10 05:39', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/giqeksp/', "You're past the cutoff bro. Go invest in your boomer stocks.\n\nJk. Just pay me 10% fee and I'll let you invest in BTC.", 'ku2l90'], ['u/jizzcock', 12, '2021-01-10 11:00', 'https://www.reddit.com/r/Bitcoin/comments/ku2l90/anyone_born_after_1990/gir1tjo/', '"go all in or ur a pussy"\n\n"Have a 5% emergency fund"\n\nThat\'s not all in. Pussy.', 'ku2l90']]], ['u/cryptoroller', 'The security of Nano', 52, '2021-01-10 01:11', 'https://www.reddit.com/r/nanocurrency/comments/ku2y1p/the_security_of_nano/', 'I just found out about Nano and am interested to get on board. However, I would like to understand if there are any long-term security issues that could arise with a fee-less coin? Perhaps some of you can explain a little about how the incentive structure works for processing transactions etc? As a comparison, I am not sure about the long-term security of Bitcoin because I have not understood exactly how the lower returns for mining (and transactions) in the future will be enough to incentivize miners to keep the Bitcoin network secure. I am more comfortable with PoS coins than deflationary PoW coins because of this. So I was wondering if any security issues may arise with Nano, where the transaction processors do not earn anything at all? Bear in mind that I do not know so much about Nano yet but understand technical aspects such as DAGs etc.', 'https://www.reddit.com/r/nanocurrency/comments/ku2y1p/the_security_of_nano/', 'ku2y1p', [['u/c0wt00n', 24, '2021-01-10 01:18', 'https://www.reddit.com/r/nanocurrency/comments/ku2y1p/the_security_of_nano/giplkbh/', "nano isn't a proof of work coin, so there isn't a need for fees in order to incentivize work to secure transactions. It's more like a PoS coin, where the coin weight of an account is what goes into securing transactions. It's called Open Representative Voting or ORV if you want to search for more info about it", 'ku2y1p'], ['u/enzo-aag', 16, '2021-01-10 01:42', 'https://www.reddit.com/r/nanocurrency/comments/ku2y1p/the_security_of_nano/gipodu7/', 'Nano’s security relies on the selection of good representatives by fund holders. Ideally you select representative’s maintained by organizations that have an interest in the correct functioning of the network. If for any reason there’s suspicion that one of them are misbehaving, people can simply delegate their funds to another. This is why it’s important to have a good amount of principal representatives, so that no misbehaving one can have a big negative impact on the network.', 'ku2y1p'], ['u/JusticeLoveMercy', 12, '2021-01-10 01:50', 'https://www.reddit.com/r/nanocurrency/comments/ku2y1p/the_security_of_nano/gippdww/', "It is similar to proof of stake but is actually better. It is like proof of stake except there is no reward for staking and your coins are not staked or locked for any amount of time. The problem with mining and staking type coins with rewards for blocks is the incentive tends to centralize the network. Miners form mining pools and stakers form staking pools...centralization because you get a better chance to get the reward...thus the incentive tends to bring their coins together rather than keep them spread out. \n\nNano has no reward for securing the network. It is run by volunteers. But because Nano is so energy efficient it doesn't cost a lot of $$ to maintain the network. A full on high powered node can be ... 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:** ['By Rodrigo Campos NEW YORK (Reuters) - Stocks fell on Monday, slipping from record highs, partly on caution over rising coronavirus cases globally while elevated Treasury yields continued to support the dollar, which touched its highest since December against a basket of peers. Worldwide coronavirus cases surpassed 90 million on Monday, according to a Reuters tally. Stocks on Wall Street slipped ahead of the start of an earnings season that arrives with equities at record highs, and as House Democrats introduced an article of impeachment against President Donald Trump. Rising coronavirus cases across Europe and China dragged down commodity stocks. The Dow Jones Industrial Average fell 89.28 points, or 0.29%, to 31,008.69, the S&P 500 lost 25.07 points, or 0.66%, to 3,799.61 and the Nasdaq Composite dropped 165.54 points, or 1.25%, to 13,036.43. The pan-European STOXX 600 index lost 0.67%. With Asian stock markets also lower, MSCI\'s gauge of stocks across the globe shed 0.77% after closing at a record high on Friday. Longer-term Treasury yields were at their highest since March before new long-dated supply coming this week and on speculation of more U.S. fiscal stimulus as Democrats will have control of Congress and the White House. Expectations of a multitrillion-dollar stimulus plan and the belief the Federal Reserve will not act to counter rising interest rates, along with new Treasury supply are helping yields rise, said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York. Benchmark 10-year notes last fell 11/32 in price to yield 1.1443%, from 1.107% late on Friday. The spread between the 2-year and 10-year Treasury yield brushed against 100 basis points to hit its steepest since July 2017. The climb in yields in turn offered some support to the dollar, which rose to its highest in over two weeks against a basket of currencies. "While the USD may catch a bid on position-adjustment or profit-taking after its recent weakness, a sustained recovery will have to be accompanied by either a clear improvement in recent yield trends or a positive U.S. growth shock," said Shaun Osborne, chief currency strategist at Scotiabank. Story continues The dollar index rose 0.256%, with the euro down 0.54% to $1.2152. Morgan Stanley said it had moved to neutral from bullish on emerging market currencies as its forecasts had been hit and factors that kept the U.S. dollar on the back foot may not be sustained. The Japanese yen weakened 0.24% versus the greenback at 104.20 per dollar, while Sterling was last trading at $1.3516, down 0.35% on the day. Crude oil prices fell, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns across the globe, as well as the stronger dollar. [O/R] "The renewed concerns about demand due to very high numbers of new (COVID-19) cases and further mobility restrictions, plus the stronger U.S. dollar, are generating selling pressure," Commerzbank analyst Eugen Weinberg said. U.S. crude recently fell 0.1% to $52.19 per barrel and Brent was at $55.61, down 0.68% on the day. Spot gold dropped 0.2% to $1,844.27 an ounce. Silver fell 1.70% to $24.94. Bitcoin last fell 9.98% to $34,362.43. At its session low, the cryptocurrency fell 21% on Monday. (Reporting by Rodrigo Campos; additional reporting by Medha Singh and Devik Jain in Bengaluru, Stephanie Kelly, Saqib Iqbal Ahmed, Karen Brettell and Herbert Lash in New York; editing by Nick Zieminski and Lisa Shumaker)', 'By Rodrigo Campos NEW YORK (Reuters) - Stocks fell on Monday, slipping from record highs, partly on caution over rising coronavirus cases globally while elevated Treasury yields continued to support the dollar, which touched its highest since December against a basket of peers. Worldwide coronavirus cases surpassed 90 million on Monday, according to a Reuters tally. Stocks on Wall Street slipped ahead of the start of an earnings season that arrives with equities at record highs, and as House Democrats introduced an article of impeachment against President Donald Trump. Rising coronavirus cases across Europe and China dragged down commodity stocks. The Dow Jones Industrial Average fell 89.28 points, or 0.29%, to 31,008.69, the S&P 500 lost 25.07 points, or 0.66%, to 3,799.61 and the Nasdaq Composite dropped 165.54 points, or 1.25%, to 13,036.43. The pan-European STOXX 600 index lost 0.67%. With Asian stock markets also lower, MSCI\'s gauge of stocks across the globe shed 0.77% after closing at a record high on Friday. Longer-term Treasury yields were at their highest since March before new long-dated supply coming this week and on speculation of more U.S. fiscal stimulus as Democrats will have control of Congress and the White House. Expectations of a multitrillion-dollar stimulus plan and the belief the Federal Reserve will not act to counter rising interest rates, along with new Treasury supply are helping yields rise, said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York. Benchmark 10-year notes last fell 11/32 in price to yield 1.1443%, from 1.107% late on Friday. The spread between the 2-year and 10-year Treasury yield brushed against 100 basis points to hit its steepest since July 2017. The climb in yields in turn offered some support to the dollar, which rose to its highest in over two weeks against a basket of currencies. "While the USD may catch a bid on position-adjustment or profit-taking after its recent weakness, a sustained recovery will have to be accompanied by either a clear improvement in recent yield trends or a positive U.S. growth shock," said Shaun Osborne, chief currency strategist at Scotiabank. Story continues The dollar index rose 0.256%, with the euro down 0.54% to $1.2152. Morgan Stanley said it had moved to neutral from bullish on emerging market currencies as its forecasts had been hit and factors that kept the U.S. dollar on the back foot may not be sustained. The Japanese yen weakened 0.24% versus the greenback at 104.20 per dollar, while Sterling was last trading at $1.3516, down 0.35% on the day. Crude oil prices fell, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns across the globe, as well as the stronger dollar. [O/R] "The renewed concerns about demand due to very high numbers of new (COVID-19) cases and further mobility restrictions, plus the stronger U.S. dollar, are generating selling pressure," Commerzbank analyst Eugen Weinberg said. U.S. crude recently fell 0.1% to $52.19 per barrel and Brent was at $55.61, down 0.68% on the day. Spot gold dropped 0.2% to $1,844.27 an ounce. Silver fell 1.70% to $24.94. Bitcoin last fell 9.98% to $34,362.43. At its session low, the cryptocurrency fell 21% on Monday. (Reporting by Rodrigo Campos; additional reporting by Medha Singh and Devik Jain in Bengaluru, Stephanie Kelly, Saqib Iqbal Ahmed, Karen Brettell and Herbert Lash in New York; editing by Nick Zieminski and Lisa Shumaker)', 'By Rodrigo Campos NEW YORK (Reuters) - Stocks fell on Monday, slipping from record highs, partly on caution over rising coronavirus cases globally while elevated Treasury yields continued to support the dollar, which touched its highest since December against a basket of peers. Worldwide coronavirus cases surpassed 90 million on Monday, according to a Reuters tally. Stocks on Wall Street slipped ahead of the start of an earnings season that arrives with equities at record highs, and as House Democrats introduced an article of impeachment against President Donald Trump. Rising coronavirus cases across Europe and China dragged down commodity stocks. The Dow Jones Industrial Average fell 89.28 points, or 0.29%, to 31,008.69, the S&P 500 lost 25.07 points, or 0.66%, to 3,799.61 and the Nasdaq Composite dropped 165.54 points, or 1.25%, to 13,036.43. The pan-European STOXX 600 index lost 0.67%. With Asian stock markets also lower, MSCI\'s gauge of stocks across the globe shed 0.77% after closing at a record high on Friday. Longer-term Treasury yields were at their highest since March before new long-dated supply coming this week and on speculation of more U.S. fiscal stimulus as Democrats will have control of Congress and the White House. Expectations of a multitrillion-dollar stimulus plan and the belief the Federal Reserve will not act to counter rising interest rates, along with new Treasury supply are helping yields rise, said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York. Benchmark 10-year notes last fell 11/32 in price to yield 1.1443%, from 1.107% late on Friday. The spread between the 2-year and 10-year Treasury yield brushed against 100 basis points to hit its steepest since July 2017. The climb in yields in turn offered some support to the dollar, which rose to its highest in over two weeks against a basket of currencies. "While the USD may catch a bid on position-adjustment or profit-taking after its recent weakness, a sustained recovery will have to be accompanied by either a clear improvement in recent yield trends or a positive U.S. growth shock," said Shaun Osborne, chief currency strategist at Scotiabank. Story continues The dollar index rose 0.256%, with the euro down 0.54% to $1.2152. Morgan Stanley said it had moved to neutral from bullish on emerging market currencies as its forecasts had been hit and factors that kept the U.S. dollar on the back foot may not be sustained. The Japanese yen weakened 0.24% versus the greenback at 104.20 per dollar, while Sterling was last trading at $1.3516, down 0.35% on the day. Crude oil prices fell, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns across the globe, as well as the stronger dollar. [O/R] "The renewed concerns about demand due to very high numbers of new (COVID-19) cases and further mobility restrictions, plus the stronger U.S. dollar, are generating selling pressure," Commerzbank analyst Eugen Weinberg said. U.S. crude recently fell 0.1% to $52.19 pe **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: 2021-01-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $759,837,365,412 - Hash Rate: 157757649.32336533 - Transaction Count: 333958.0 - Unique Addresses: 801285.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: While Bitcoin is in the limelight for crossing the psychologically-important $18,000 mark, another coin has outpaced the weekly gains made by the apex cryptocurrency. What Happened:Yearn Finance (YFI), a decentralized finance (DeFi) coin, gained 15.93% in the 7-day period leading up to press time — beating Bitcoin’s gains of 14.48%. Yearn Finance, launched in February, is an aggregator service for investors and allows DeFi investing and yield farming. YFI gained 4.76% in a 24-hour period reaching $21,513.89, nearly rivaling the 5.77% gains made by Bitcoin. The DeFi cryptocurrency had reached $41,382.98 on Sept. 14 before plunging as low as $9,014.91 on Nov. 6. YFI has appreciated nearly 139% since then till press time. A trader, who goes by the pseudonym “Benjamin Blunts,”saidbefore the coin’s $40,000 rally that it would reach the near $50,000 mark. The current market cap of YFI is nearly $650.21 million. Why It Matters:YFI’s surge was led by a perfect storm as strong technicals, new products, yield farming, and growth in the popularity of DeFi liquidity pools buoyed the cryptocurrency, Cointelegraphreported. There are 30,000 YFI tokens in circulation and Yearn’s creator Andre Cronje did not set aside any for himself. However, more YFI can be minted,accordingto CoinDesk. “I think the ‘no inflation’ meme is here to stay,” according to Tarun Chitra, a member of Yearn’s multisig — an equivalent to the board of directors. Tarun told CoinDesk there are other ways for the system to “monetize.” Price Action:YFI traded 4.76% higher at $21,513.89 at press time while Bitcoin traded 5.77% higher at $17,599.77. Related Link:Sushi-Inspired Cryptocurrency Surged 331% In 1 Week Of Launch — Then, The Founder Cashed Out See more from Benzinga • Click here for options trades from Benzinga • Elon Musk Doles Out Advice To Maisie Williams On Whether She Should 'Go Long On Bitcoin' • As Bitcoin Nears K, A Citibank Analyst Projects 0K Levels Next Year © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/kir4t0m', 'Why is Bitcoin still so popular while there are way better alternatives like Cardano?', 48, '2021-01-11 00:02', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/', "Hello, I'm new to crypto so this might be a dumb question.\n\nI'm just starting to learn how cryptos work and I've fallen in love with the Cardano project but I don't understand why Bitcoin is still growing while there are alternatives to the PoW protocol which is very energy consuming and now usable only by a minority of people and Bitcoin being limited to be used as a currency.\n\nHave a nice day!", 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/', 'kupein', [['u/Airborne_Avocado', 52, '2021-01-11 00:13', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/git8fd0/', 'Network effect, first mover and it’s been proven tech for over a decade.', 'kupein'], ['u/BinaryCopper', 13, '2021-01-11 01:06', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/gitewpd/', "It seems to me like bitcoin is an avatar for the crypto industry by way of being the first crypto to really explode. Someday Bitcoin's market cap will be passed up by a more useful crypto, and then I think it will go to zero, since Bitcoin's value seems to come largely from the expectation of it remaining most prominent cryptocurrency and continuing to go up more than the others.", 'kupein'], ['u/todayismycheatday', 17, '2021-01-11 01:21', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/gitgmju/', "I am constantly asking myself that as well. Sometimes I think I must be wrong or crazy because so little people see it the same way.\n\nIt's just because BTC has proven to work for 12 years and it has name recognition and a large following.\n\nThe other side is that a lot of 3rd generation cryptocurrencies are just not ready yet and still need to prove themselves. Most people need to see to believe. \n\nAnd I also think a lot of people just don't know, don't understand or just don't want to know.\n\nIt's going to take some time but eventually tech that is more than 10x better (Cardano) will dominate. People will argue they have different use cases but Cardano has the same monetary policy (max supply and deflationary) and the same or better security so there is no reason why Bitcoin can be an SoV but Cardano can't. And Cardano has many, many advantages. Far more decentralized, uses far less energy, scalable, smart contracts, etc. The list goes on and on. I don't see a reason why I would ever trade my ADA for BTC to store my wealth. Everytime I ask someone who disagrees with that why I would use BTC over ADA they don't have any good reason. Even the upside for price appreciation is far bigger for Cardano. \n\nBut hey, maybe I'm just a dumbass who is wrong.", 'kupein'], ['u/k2thesawa', 39, '2021-01-11 01:43', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/gitjckh/', "Cardano isn't a replacement nor competitor to Bitcoin...", 'kupein'], ['u/AskWhat48', 11, '2021-01-11 02:12', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/gitmscu/', 'I agree with it currently being the avatar of the crypto industry, however in the future it is highly unlikely to go to zero. As with a lot of technology in the past, the "first mover" had an initial long run, however over time new technologies emerged that gradually overtook / co existed with the first mover.\n\nAn example is Microsoft being the dominant software platform in the 90\'s and early 2000\'s, before slowly being disrupted by Apple. Same as Nokia gradually being replaced over time as the leading mobile provider. While it is likely that over time other crypto\'s will be more dominant than Bitcoin, I think it\'s unlikely Bitcoin\'s value will go to zero. Even in the worst case scenario, its value may still hold to reasonably high levels due to its historical significance in promoting decentralisation/cryptocurrency (even if it has no utility).', 'kupein'], ['u/todayismycheatday', 11, '2021-01-11 10:40', 'https://www.reddit.com/r/cardano/comments/kupein/why_is_bitcoin_still_so_popular_while_there_are/giv05w5/', 'Microsoft, Apple, Facebook, Google, etc. They have all the resources to build a better platform and have an unrivaled massive userbase to tap into. They can then position themselves to be the best and dominant developers on that platform (like IOG is doing right now for Cardano). ETH and DOT are peanuts, they will compete but not significant enough to be worried about. ETH is years behind now in R&amp;D and their "network effect" is already crumbling because of fundamental issues (gas fees for one). DOT is a far less elegant and lower quality solution. Algorand is on par with their quality but is centralized and has several other issues outside of the tech. Cardano has the whole picture, others don\'t.', 'kupein']]], ['u/blavejr', 'What incentive is there for people to keep wanting bitcoin?', 11, '2021-01-11 00:07', 'https://www.reddit.com/r/Bitcoin/comments/kupi23/what_incentive_is_there_for_people_to_keep/', "I'm a noob so please be nice. Can someone explain to me why people will keep wanting bitcoin for many years to come, what will drive up demand apart from FOMO?", 'https://www.reddit.com/r/Bitcoin/comments/kupi23/what_incentive_is_there_for_people_to_keep/', 'kupi23', [['u/goldstan', 19, '2021-01-11 00:10', 'https://www.reddit.com/r/Bitcoin/comments/kupi23/what_incentive_is_there_for_people_to_keep/git7zp1/', 'The memes drive up the price, the network effect solidifies the value', 'kupi23'], ['u/Mark_Bear', 20, '2021-01-11 00:20', 'https://www.reddit.com/r/Bitcoin/comments/kupi23/what_incentive_is_there_for_people_to_keep/git9amd/', '*The Trust Machine:*\n\nhttps://www.youtube.com/watch?v=ZKwqNgG-Sv4', 'kupi23'], ['u/JMP-23', 14, '2021-01-11 00:21', 'https://www.reddit.com/r/Bitcoin/comments/kupi23/what_incentive_is_there_for_people_to_keep/git9bxd/', "Bitcoin allows for the transfer of value between two parties ANYWHERE on Earth, without the need for an intermediary, such as a bank. Whether it's my brother in London, or a street vendor in Istanbul. This would completely disrupt the banking industry as we know it if we achieved mainstream adoption.\n\nAlso consider the scarcity aspect - the maximum number of Bitcoin there will ever be in existence is 21 million (not factoring in the estimated 3 - 4 million that have been lost)\n\nThe reasons are numerous, I'd recommend that you read 'The Bitcoin Standard' - it will answer all your questions in much better detail than I can!", 'kupi23']]], ['u/bawdyanarchist', 'My Thoughts on the Tether Situation', 37, '2021-01-11 00:17', 'https://www.reddit.com/r/xmrtrader/comments/kupola/my_thoughts_on_the_tether_situation/', 'Re-posted from a couple earlier comments I made, on recommendation of OP\n\nTLDR: The BTCUSD chart compared to the Tether chart says it all. USDT went from $6B to $16B in 5 months, even as the Bitcoin price was ranging around $10k +/- 20%. During this timeframe, Tether was experiencing what appears to be a losing court battle, while we saw insane pumps of absolute shitcoins for no apparent reason. Followed by a BTC rampage which we haven\'t seen since 2013, which is way out of trend, and doesn\'t make much sense (despite maximalist narratives).\n\nCheck TradingView. Pull up BTCUSD, and overlay USDT (by cling the "compare" button at the top middle of screen). For best viewing, you should pin the tether line to "new left scale" and then select "Regular" for the y-axis, and then you\'ll have to change the BTCUSD price on the right scale back to "Logarithmic."\n\nBetween May-Oct, Bitcoin\'s price was reasonably stable between 9k-12k, with a nice uptrend and recovery from the March dump. Of course Monero\'s performance over that time period was far better, with much better looking charts. Notice that between between May and Oct, Tether goes from 6 billion to 16 billion with repeated prints. \n\nWas that really institutional investors and retail, buying Tether intending to hold for 5 months before buying? Almost no one with any knowledge or money to speak of would do that. So where did that Tether go, and what was happening? \n\nThe last time we saw a parabolic 4x in the BTC price, was PlusToken ponzi, gobbling up 100k coins before being shut down, with the market top being literally the day they were arrested. But even that parabolic move pales in comparison to what just happened here for the past few months. Bitcoin has gone on a rampage, the likes of which we haven\'t seen since 2013. \n\nThis all occurred under various suspicious circumstances. Starting with the ongoing litigation against Tether. It wasn\'t looking good for them in court, and now, they have been ordered to provide documents which, if they provide what the judge has demanded, will almost certainly reveal their fraud. They might even be 100% backed, but their activities have largely been documented as fraudulent. So one has to wonder, did they see the writing on the wall and decide to go for one last hoorah before they have to stop?\n\nWe also have the ratio charts to look at, particularly for XMRBTC and ETHBTC. These charts were beautiful. Classic bottoming, RSI divergence over long timeframes, accumulation, reversal, followed by higher highs. And then suddenly, the dumbest most useless shitcoins start doing insane pumps, 2x, 3x, 4x in the span of days. We see these repeated scenarious where literally everything pumps except Monero. And then after those pumps are done, Monero pumps, usually solo.\n\nThen the Monero network, somehow comes under attack just months after the IRS awards a contract to try and break Monero. We were hanging on to the bottom of the ratio, despite r... 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:** ['After her website faced repeated domain name revocations, Sci-Hub founder Alexandra Elbakyan has registered her website on the distributed domain names network Handshake. The pirated database of academic papers is now accessible directly through the service\x92s portals as well as through NextDNS , a privacy-focused, cloud-based domain name service resolver which converts IP addresses into domain names. \x93The DNS is like a phonebook for the internet. The addresses in the phonebook are the server IP addresses. DNS was created to give IP addresses human-readable names so with our platform, you\x92re finding the IP address through Handshake, not through a certificate authority,\x94 Namebase CEO Tieshun Roquerre told CoinDesk. Related: Now Is the Time to Advance the Decentralized Web For a website that has had various domain names revoked over the years and which is now suspended from Twitter, the censorship-resistant DNS will help keep Sci-Hub accessible even as the legacy domain name system applies pressure. Sci-Hub is a worldwide database of academic publications, which pulls the research papers from under the paywalls of academic magazines and uploads them to the internet for everyone to download and read. It\x92s maintained by a single coder from Kazakhstan, Alexandra Elbakyan, who is raising donations via Russian payment network Yandex and bitcoin , CoinDesk wrote last year . How does Handshake work? Handshake is \x93is effectively a decentralized domain name server,\x94 Roquerre said. Instead of using the web-standard certificate authority to authenticate user connections to a server, Handshake stores references to the IP address of the websites registered in its system. Namebase is a platform that offers users access to the Handshake network. That way, if certificate authority firms try to censor Sci-Hub\x92s domain name through the legacy system, then people who want to access the site still can through Handshake\x92s records. Story continues Related: The Future of Cryptographic Security in the Age of Quantum \x93If you get censored at the server level, you can switch servers. But if your domain name gets taken down, no one can access your site. As long as the name is intact, you can point it to any server,\x94 he continued. Even if the band website finds a new domain, users may not know whether or not it is authentic (as an example, Roquerre said that Sci-Hub is no stranger to imposter sites ). To register a Handshake domain, anyone can propose a website name and place a bid for that website on Handshake\x92s marketplace with its eponymous HNS token. After a two-week auction period, the highest bidder wins the domain (whose blockchain footprint acts like an NFT, Roquerre said) and the tokens are burned. Roquerre said Namebase does not issue tokens and it is instead mined through Bitcoin-esque proof of work. A total number of unique 6,818 Handshake domains are actively in use while roughly 375,000 have been registered, according to Handshake data shared with CoinDesk. The same data show marketplace volume has grown 60% on average month over month and is anticipated to top $140,000 this month. Building the decentralized web A decentralized domain name system like Handshake could be a significant win in the fight for the decentralized web. The project is part of a crop of so-called Web 3.0 applications vying to create a less centralized, censorship-resistant internet. Handshake, for example, has a complementary browser to create an uncensored internet search experience. Urbit , still another web 3.0 hopeful, is more than a decade in development and relies on Ethereum to construct a platform for decentralized personal servers. As evidenced by Sci-Hub\x92s own problems, the decentralized web is being built out of fears of deplatforming. As the internet\x92s access points are increasingly centralized in the hands of a few actors, certain applications \x96 most recently, Twitter-alternative Parler \x96 have faced censorship at the hands of web server providers, app stores and DNS certificate authorities. CORRECTION (Jan. 12, 2021, 01:15 UTC): This article originally said Namebase built Handshake. Namebase only offers users access to the network . Related Stories Pirated Academic Database Sci-Hub Is Now on the \x91Uncensorable Web\x92 Pirated Academic Database Sci-Hub Is Now on the \x91Uncensorable Web\x92', 'After her website faced repeated domain name revocations, Sci-Hub founder Alexandra Elbakyan has registered her website on the distributed domain names network Handshake.\nThe pirated database of academic papers is now accessible directly throughthe service’s portalsas well asthrough NextDNS, a privacy-focused, cloud-based domain name service resolver which converts IP addresses into domain names.\n“The DNS is like a phonebook for the internet. The addresses in the phonebook are the server IP addresses. DNS was created to give IP addresses human-readable names so with our platform, you’re finding the IP address through Handshake, not through a certificate authority,”NamebaseCEO Tieshun Roquerre told CoinDesk.\nRelated:Now Is the Time to Advance the Decentralized Web\nFor a website thathas had variousdomain namesrevoked over the yearsand which is nowsuspendedfrom Twitter, thecensorship-resistant DNSwill help keep Sci-Hub accessible even as the legacy domain name system applies pressure.\nSci-Hub is a worldwide database of academic publications, which pulls the research papers from under the paywalls of academic magazines and uploads them to the internet for everyone to download and read. It’s maintained by a single coder from Kazakhstan, Alexandra Elbakyan, who is raising donations via Russian payment network Yandex andbitcoin, CoinDeskwrote last year.\nHandshake is “is effectively a decentralized domain name server,” Roquerre said. Instead of using the web-standard certificate authority to authenticate user connections to a server, Handshake stores references to the IP address of the websites registered in its system. Namebase is a platform that offers users access to the Handshake network.\nThat way, if certificate authority firms try to censor Sci-Hub’s domain name through the legacy system, then people who want to access the site still can through Handshake’s records.\nRelated:The Future of Cryptographic Security in the Age of Quantum\n“If you get censored at the server level, you can switch servers. But if your domain name gets taken down, no one can access your site. As long as the name is intact, you can point it to any server,” he continued. Even if the band website finds a new domain, users may not know whether or not it is authentic (as an example, Roquerre said that Sci-Hub is no stranger toimposter sites).\nTo register a Handshake domain, anyone can propose a website name and place a bid for that website on Handshake’s marketplace with its eponymous HNS token. After a two-week auction period, the highest bidder wins the domain (whose blockchain footprint acts like an NFT, Roquerre said) and the tokens are burned.\nRoquerre said Namebase does not issue tokens and it is instead mined through Bitcoin-esque proof of work.\nA total number of unique 6,818 Handshake domains are actively in use while roughly 375,000 have been registered, according to Handshake data shared with CoinDesk. The same data show marketplace volume has grown 60% on average month over month and is anticipated to top $140,000 this month.\nA decentralized domain name system like Handshake could be a significant win in the fight for the decentralized web.\nThe project is part of a crop of so-called Web 3.0 applications vying to create a less centralized, censorship-resistant internet. Handshake, for example, hasa complementary browserto create an uncensored internet search experience.\nUrbit, still another web 3.0 hopeful, is more than a decade in development and relies on Ethereum to construct a platform for decentralized personal servers.\nAs evidenced by Sci-Hub’s own problems, the decentralized web is being built out of fears of deplatforming. As the internet’s access points are increasingly centralized in the hands of a few actors, certain applications – most recently,Twitter-alternative Parler– have faced censorship at the hands of web server providers, app stores and DNS certificate authorities.\nCORRECTION (Jan. 12, 2021, 01:15 UTC):This article originally said Namebase built Handshake. Namebase only offers users access to the network.\n• Pirated Academic Database Sci-Hub Is Now on the ‘Uncensorable Web’\n• Pirated Academic Database Sci-Hub Is Now on the ‘Uncensorable Web’', 'CNBC’s host and a co-founder of theSteet.com Jim Cramer has said when Bitcoin (BTC) goes under $20,000, he’s a “buyer again.”\nWhat Happened:Cramer said he would buy bitcoin again when it goes under $20,000. He mentioned he tried to trade over the weekend and said it was “really hard to do,” despite having “many resources on this,” inan interviewtoday.\n“People have to realize that this is a market not like any market you’ve ever seen. We don’t know who’s buying, we don’t know who’s selling, we don’t know what’s going on.”\nCramer called the crypto market “no different from an entirely erratic stock, except for it trades 24/7.”\nCNBC’s host also mentioned that he was about to speak to Jeffrey Sprecher, the CEO of Intercontinental Exchange Inc (NYSE:ICE), whose company is “offloading a big portion of their crypto business, basically creating a Coinbase for points in crypto.” He expressed his hope this move would bring liquidity to the market because “we don’t have it.”\nWhy It Matters:The crypto market has had $200 billion wiped out in the last 24 hours afterhitting$1 trillion on Jan. 6. It has regained some positions since and is currently at$956,6billion.\nBitcoin, whichhita record $41,000 three days ago, fell as low as $30,450 today and was traded at $35104.83 at press time.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n **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: 2021-01-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $639,322,699,500 - Hash Rate: 151611247.4016758 - Transaction Count: 336627.0 - Unique Addresses: 796457.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.84 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Good afternoon, readers: Bitcoin hit a fresh all-time high above$35,000while former Bakkt CEO Kelly Loefflerlost her U.S. Senate seat. Meanwhile, a major Ripple investor filed suit against the fintech and Shapeshift is converting to a decentralized exchange. Rat poison?Echoing Warren Buffett’s infamous line thatbitcoinis “rat poison squared,” heavyweight investor Bill Miller said that could be true, but “the rat could be cash.” In his Q4 newsletter Miller went on to say inflation is likely in the U.S. due to unprecedented fiscal and monetary stimulus, and that bitcoin could provide a way for companies to avoid devaluing their balance sheets. State actionAban on crypto derivativestrading went into effect today in the U.K. The nation’s financial regulator, the Financial Conduct Authority (FCA), said these products are ill-suited for retail consumers due to their outsized risks when introducing the legislation in October, while industry voices think the measure is overwrought and favors institutional investors. Related:First Mover: Bitcoin Hits Record as 'Blue Wave' and 'Kimchi Premium' Look Bullish Shifting shapeShapeShift isgoing decentralizedin a bid to get rid of its know-your-customer (KYC) rules. The Colorado-based non-custodial exchange is now routing orders through decentralized finance (DeFi) applications and phasing out its centralized exchange. • NEW ORIGIN?Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million. (CoinDesk) • YIELD FRONTIER:David Hoffman makes the case that Ethereum is the last bastion for yield. (CoinDesk – op-ed) • PRICE APPRECIATION:Ethereum enters top 100 of world’s largest assets, joining bitcoin, gold and silver, as well as companies like Saudi Aramco. (Decrypt) • RENT SEEKER?Who said you can’t spend crypto? Redditor sells free Moon tokens to pay rent. (Cointelegraph) • PAGE SIX:Who gets Custody of Kim Kardashian’s bitcoin in the divorce? (Decrypt) Korean spreadsThe “kimchi premium,” the spread between South Korean’s upbit exchange and Binance, was at 4.15% yesterday, thehighest since early 2018. An often-cited figure to explain retail interest in the country, CoinDesk’s Muyao Shen also thinks this premium could explain why bitcoin prices drop during Asia’s trading hours – some traders sell bitcoin at higher prices on South Korea-based crypto exchanges. Rippled suits?In Matt Levine’s much-awaited return to his opinion-heavy Bloomberg newsletter, Money Stuff, the financial columnistwroteabout the effects of securities fraud action on business environments. In the U.S., he writes, there’s a growing trend that “everything is securities fraud.” Making a bad video game that causes a gaming studio’s stock to drop: securities fraud. Harboring a culture of harassment: securities fraud. Playing up a news release for something insignificant: securities fraud. Though Levine’s headline calls it a “dystopian future,” his conclusion is a bit more positive. A culture where smart lawyers can find restitution for stockholders affected by negative performance is a “general” way to keep publicly traded firms from doing generically bad things, even if they are not affected by these actions in principle. Related:Valid Points: New Year, New Price Gains For ETH “Everything is securities fraud, even things that aren’t actually illegal; anything that gets bad press or moral disapprobation can lead to a securities lawsuit. It is in its way an oddly principles-based form of regulation: You don’t need specific rules against specific types of bad conduct; all you need is evidence that the company did a thing and the stock dropped because of it,” Levine concludes. There aren’t many publicly traded companies in the crypto industry this trend might apply to, though the attitude – of pursuing legal action for any perceived or real financial loss – still pervades. Yesterday, one of Ripple Labs’biggest financial backersfiled suit against the crypto incumbent to redeem its investment. Back in 2019, the multi-billion asset manager Tetragon Financial Group led Ripple’s $200 million Series C. And now that the U.S. Securities and Exchange Commission is investigating Ripple for potential securities fraud, Tetragon wants its cash back. Filed in Delaware, Tetragon said it will attempt to “enforce its contractual right to require Ripple to redeem” its preferred stock, Bloomberg reported, and even freeze Ripple’s assets until it pays up. Ripple rejected the lawsuit, saying its investor can only redeem its equity for cash “if XRP is deemed to be a security on a go-forward basis,” according to a court filing. While Tetragon isn’t claiming securities fraud on behalf of Ripple, it is an effect of an ongoing securities fraud investigation. The SEC claims Ripple raised $1.3 billion over a seven-year period by sellingXRPto retail investors. Ripple is the primary holder of XRP, though it has claimed over the years the network is sufficiently decentralized like Ethereum and that it is not the crypto’s creator. Whether XRP is a security is now up for the courts to decide, but the lawsuit has already led to material outcomes.Grayscale Investments(sister company to CoinDesk) and Bitwise both removed XRP from their crypto index funds, while several exchanges have made moves todelistor suspend XRP trading. One might wonder if XRP is deemed to be a security and Ripple found to have violated securities law, if exchanges might have the right to pursue legal action against the firm. Because, as Levine points out, litigiousness is baked into U.S. business culture. • Kimchi Spreads, ‘Rat Poison,’ Shape Shifts: What You Need to Know in Crypto Today • Kimchi Spreads, ‘Rat Poison,’ Shape Shifts: What You Need to Know in Crypto Today... - 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 , BTC to USD, fell by 3.63% on Tuesday. Following on from a 7.31% slide on Monday, Bitcoin ended the day at $34,123.0. It was the 4 th consecutive day in the red. It was a mixed start to the day. Bitcoin slipped to an early morning low $33,762.0 before making a move. Steering clear of the 23.6% FIB of $33,008 and the first major support level at $31,270, Bitcoin struck a mid-morning intraday high $36,656.0. Falling short of the first major resistance level at $38,912, Bitcoin slid to an early afternoon intraday low $32,427. While steering clear of the first major support level, Bitcoin fell through the 23.6% FIB of $33,008. Late in the day, Bitcoin briefly revisited $35,500 levels before sliding back into the deep red. Despite of the late reversal, Bitcoin avoided a fall back through the 23.6% FIB of $33,008. The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Bitcoin Cash SV rallied by 10.22% to lead the day. Binance Coin (+0.12%), Cardano’s ADA (+4.89%), Crypto.com Coin (+5.88%), Polkadot (+4.45%), Ripple’s XRP (+1.66%) also found support. It was a bearish day for the rest of the majors, however Chainlink (-4.13%), Ethereum (-3.56%), and Litecoin (-4.28%) joined Bitcoin in the red. Early in the week, the crypto total market cap rose to a Monday high $1,040.51 before falling to a Monday low $804.33bn. At the time of writing, the total market cap stood at $888.48bn. Bitcoin’s dominance rose from a Monday low 68.39% to a Monday high 69.97%. At the time of writing, Bitcoin’s dominance stood at 69.00%. This Morning At the time of writing, Bitcoin was down by 3.12% to $33,058.0. A bearish start to the day saw Bitcoin fall from an early morning high $34,105.0 to a low $32,931.0. While leaving the major support and resistance levels untested early on, Bitcoin fell through the 23.6% FIB of $33,008. Story continues Elsewhere, it was a mixed start to the day. Polkadot bucked the trend early on, rising by 0.69%, with Bitcoin Cash SV and Crypto.com Coin flat. It was a bearish start for the rest of the majors, however. At the time of writing, Ethereum was down by 3.65% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $34,402 to bring the first major resistance level at $36,631 into play. Support from the broader market would be needed for Bitcoin to break out from $35,500 levels. Barring an extended crypto rally, first major resistance level and Tuesday’s high $36,656.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,631. Failure to move through the $34,402 pivot would bring the 23.6% FIB of $33,008 and the first major support level at $32,148 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,173 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini S&P 500 Index (ES) Futures Technical Analysis – Pullback into 3735.00 Could Alleviate Some Pressure Natural Gas Price Forecast – Natural Gas Markets Gap Higher E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 30893 Sets Tone into Close E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 12946.25, Weakens Under 12808.00 Oil Tries To Settle Above The $53 Level Gold Price Prediction – Prices Consolidate as Inflation Trends Higher', 'Bitcoin , BTC to USD, fell by 3.63% on Tuesday. Following on from a 7.31% slide on Monday, Bitcoin ended the day at $34,123.0. It was the 4 th consecutive day in the red. It was a mixed start to the day. Bitcoin slipped to an early morning low $33,762.0 before making a move. Steering clear of the 23.6% FIB of $33,008 and the first major support level at $31,270, Bitcoin struck a mid-morning intraday high $36,656.0. Falling short of the first major resistance level at $38,912, Bitcoin slid to an early afternoon intraday low $32,427. While steering clear of the first major support level, Bitcoin fell through the 23.6% FIB of $33,008. Late in the day, Bitcoin briefly revisited $35,500 levels before sliding back into the deep red. Despite of the late reversal, Bitcoin avoided a fall back through the 23.6% FIB of $33,008. The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Bitcoin Cash SV rallied by 10.22% to lead the day. Binance Coin (+0.12%), Cardano’s ADA (+4.89%), Crypto.com Coin (+5.88%), Polkadot (+4.45%), Ripple’s XRP (+1.66%) also found support. It was a bearish day for the rest of the majors, however Chainlink (-4.13%), Ethereum (-3.56%), and Litecoin (-4.28%) joined Bitcoin in the red. Early in the week, the crypto total market cap rose to a Monday high $1,040.51 before falling to a Monday low $804.33bn. At the time of writing, the total market cap stood at $888.48bn. Bitcoin’s dominance rose from a Monday low 68.39% to a Monday high 69.97%. At the time of writing, Bitcoin’s dominance stood at 69.00%. This Morning At the time of writing, Bitcoin was down by 3.12% to $33,058.0. A bearish start to the day saw Bitcoin fall from an early morning high $34,105.0 to a low $32,931.0. While leaving the major support and resistance levels untested early on, Bitcoin fell through the 23.6% FIB of $33,008. Story continues Elsewhere, it was a mixed start to the day. Polkadot bucked the trend early on, rising by 0.69%, with Bitcoin Cash SV and Crypto.com Coin flat. It was a bearish start for the rest of the majors, however. At the time of writing, Ethereum was down by 3.65% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $34,402 to bring the first major resistance level at $36,631 into play. Support from the broader market would be needed for Bitcoin to break out from $35,500 levels. Barring an extended crypto rally, first major resistance level and Tuesday’s high $36,656.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,631. Failure to move through the $34,402 pivot would bring the 23.6% FIB of $33,008 and the first major support level at $32,148 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,173 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini S&P 500 Index (ES) Futures Technical Analysis – Pullback into 3735.00 Could Alleviate Some Pressure Natural Gas Price Forecast – Natural Gas Markets Gap Higher E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 30893 Sets Tone into Close E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 12946.25, Weakens Under 12808.00 Oil Tries To Settle Above The $53 Level Gold Price Prediction – Prices Consolidate as Inflation Trends Higher', 'Woman takes a photo of a wall mural showing a rioter Exclusive:\xa0Vaccine passports to be trialled by thousands of Britons The cyber sleuths helping to unmask the Washington rioters online Trump suspended from YouTube channel Splintering of social media could fuel extremism Sign up here for our daily technology newsletter Facebook says it fears users may conduct potential future acts of violence to contest the result of the US presidential election following\xa0the Capitol siege last week. The spokesman, who asked not to be named for security reasons, told Reuters that last week\'s riots have sparked yet more\xa0efforts to organise gatherings across the country ahead of and during President-elect Joe Biden\'s inauguration on January 20. Digital flyers featuring calls to arms or the symbols of hate groups and militia have been shared on the platform, she said. The FBI has warned of armed protests being planned for Washington and all 50 US state capitals in the run-up to the inauguration. Facebook and the FBI are working together, the spokesman said. 05:52 PM Until tomorrow That\'s all from us today . Tune in right here tomorrow from around 7am until the late evening for live updates from the next day of CES. Thanks for reading, and good night! 04:40 PM CES: Government\'s must be held to a \'higher standard\' over cyber attacks, says Brad Smith Brad Smith, the President of Microsoft, has used his CES keynote to discuss the SolarWinds cyber attack, arguing that the norms of espionage had been broken. Smith said the cyber attack had broken the "norms and rules" of what was espionage. The cyber attack, attributed by US officials to Russia-backed hackers, broke into US government departments, giving hackers the ability to spy on emails for months. He added that certain sectors, such as healthcare, should be off limits to nation-state cyber actors. 04:14 PM CES: Self-driving takes a back seat Driverless cars and flying robotaxis aren\'t dead, but the industry response appears increasingly lukewarm, writes The Telegraph\'s motoring correspondent Andrew English . While there have been exciting showcases, such as Dallara\'s self-driving car racing challenge, for the most part, the big players have muted their announcements in the space. With no attendees in sight, there was also no opportunity for PR test drives. Of the various displays by the likes of GM, with its flying and autonomous car concepts, there was "lots of jam tomorrow, with little hard data". \u200bRead his analysis here. 03:12 PM Intel boss Bob Sw **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: 2021-01-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $639,322,699,500 - Hash Rate: 155708848.68280214 - Transaction Count: 319167.0 - Unique Addresses: 772596.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's(BTC) massive rally in the recent months could see further support as institutional investors battle with FOMO, or the "fear of missing out," according to PwC’s Hong Kong-based Global Crypto Leader Henri Arslanian. What Happened:Bitcoinhas been on a rally since July, even though the momentum is staggered in the $19,000 levels of late. While many draw correlations between Bitcoin’s four-fold growth from March lows and the pandemic fueled market rally, others see the cryptocurrency as an alternative asset to gold. In 2017, Bitcoin peaked at $20,000 post, which led to a free-fall. The rally then was primarily fueled by a retail-investor frenzy. According toBloomberg, JPMorgan analysts seeGrayscale Bitcoin Investment Trust(OTC:GBTC) as a window for institutional investments in Bitcoin, which will push the demand for the apex cryptocurrency beyond retail purchases by millennials. “The multitude of regulated crypto exchanges and custodians has eliminated the career risk for institutional investors. In 2017, there was retail FOMO," Arslanian said in an interview. "The question is whether we will see institutional FOMO in 2021.” Why It Matters:Traditional banks have trailed fintech firms in terms of growth and embracing new technologies. Fintech firms’ foray in cryptocurrency — likeMicrostrategy Incorporated(NASDAQ:MSTR) buying anothermillion worthof Bitcoin, Jack Dorsey-ledSquare Inc’s(NYSE:SQ)million investmentin Bitcoin and its offerings through Cash App, orPaypal Holdings Inc’s(NASDAQ:PYPL) allowing users to buy, hold, or sellcryptocurrency— suggest that the new-age companies are prepared for a change in financial dynamics if that happens. JPMorgan Chase & Co.(NYSE:JPM), which has publicly criticized the volatile nature of Bitcoin earlier,launchedits own virtual currency this year. Graysscale's Bitcoin and Ethereum trusts sawrecord average daily trading volume in November, as its Bitcoin assets increased five-fold from $2 billion in December last year to $10 billion today. As per Bloomberg, hedge funds accounted for 81% of the money coming in. “Institutional investors are keen on portfolio construction in the wake of COVID-19, and the ways they need to reposition themselves given how governments have injected stimulus into the system,” Michael Sonnenshein, managing director of Grayscale Investments, said. Arslanian expects increased pressure on asset managers to consider Bitcoin as part of portfolio construction as investors become comfortable with it. Price Action:GBTC closed 3.25% lower at $23.22 on Friday, and ETHE closed 3.48% lower at $122.05. See Also:8 Stocks To Play Bitcoin's Resurgence Latest Ratings for GBTC [{"Feb 2018": "Jul 2015", "Buckingham": "Wedbush", "Initiates Coverage On": "Initiates Coverage on", "": "", "Sell": "Outperform"}] View More Analyst Ratings for GBTCView the Latest Analyst Ratings See more from Benzinga • Click here for options trades from Benzinga • Burger King, Wendy's Seek Bigger Slices Of The Indian Fast-Food Pie: Report • Tesla Bear Chanos Trims 'Painful' Short, Tells Musk 'Job Well Done So Far:' Bloomberg © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Caroline Valetkevitch\nNEW YORK (Reuters) - U.S. stocks ended lower on Thursday after the Dow and Nasdaq hit record highs earlier in the session as investors focused on U.S. President-elect Joe Biden\'s pandemic aid proposal, while the U.S. dollar weakened.\nMSCI\'s all-country world index was last trading in barely positive territory but was well off its record-high levels of the session.\nThe New York Times, citing people familiar with the plans, reported that Biden is expected on Thursday to unveil a $1.9 trillion spending package.\nStocks began to pare gains and the dollar drifted lower after Federal Reserve Chair Jerome Powell struck a dovish tone in comments at a virtual symposium with Princeton University.\nPowell said the U.S. central bank is not raising interest rates anytime soon and rejected suggestions the Fed might start reducing its bond purchases in the near term.\nAfter recent strong U.S. stock market gains, equity investors are looking for signals that could mean further support for the market, said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\n"We had a pretty good rally in the fourth quarter and a decent rally so far this year," he said. "Markets are in a wait-and-see mode."\nFriday marks the start of fourth-quarter earnings for S&P 500 companies, with results from JPMorgan Chase and other banks due.\nInvestors are "waiting to hear commentary from companies on how things were looking in the fourth quarter and how things will look in the first quarter, especially given the not-so-great economic backdrop," Nolte said.\nThe Dow Jones Industrial Average fell 68.95 points, or 0.22%, to 30,991.52, the S&P 500 lost 14.3 points, or 0.38%, to 3,795.54 and the Nasdaq Composite dropped 16.31 points, or 0.12%, to 13,112.64.\nEuropean shares gained for a third straight session. The pan-European STOXX 600 index rose 0.72% and MSCI\'s gauge of stocks across the globe gained 0.01%.\nThe dollar index fell 0.071%, with the euro down 0.02% to $1.2154.\nBitcoin held gains after a slide of nearly $12,000 from last week\'s record high of $42,000. It rose about 5.7% to $39,536 on Thursday, after hitting a session high above $40,000.\nTreasury yields edged higher in anticipation of the new stimulus package, but a jump in U.S. jobless claims put a damper on immediate expectations of economic growth.\nBenchmark 10-year Treasury notes last fell 12/32 in price to yield 1.1292%, from 1.088% late on Wednesday.\nOil prices edged higher, boosted by a weak dollar and bullish signals from Chinese import data. Brent crude oil futures rose 36 cents, or 0.6%, to settle at $56.42 a barrel. U.S. crude ended 66 cents, or 1.3%, higher at $53.57.\nSpot gold added 0.2% to $1,847.11 an ounce.\n(Additional reporting by Gertrude Chavez-Dreyfuss, Herbert Lash and Devika Krishna Kumar in New York; Editing by Angus MacSwan, Steve Orlofsky and Dan Grebler)', 'By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks ended lower on Thursday after the Dow and Nasdaq hit record highs earlier in the session as investors focused on U.S. President-elect Joe Biden\'s pandemic aid proposal, while the U.S. dollar weakened. MSCI\'s all-country world index was last trading in barely positive territory but was well off its record-high levels of the session. The New York Times, citing people familiar with the plans, reported that Biden is expected on Thursday to unveil a $1.9 trillion spending package. Stocks began to pare gains and the dollar drifted lower after Federal Reserve Chair Jerome Powell struck a dovish tone in comments at a virtual symposium with Princeton University. Powell said the U.S. central bank is not raising interest rates anytime soon and rejected suggestions the Fed might start reducing its bond purchases in the near term. After recent strong U.S. stock market gains, equity investors are looking for signals that could mean further support for the market, said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. "We had a pretty good rally in the fourth quarter and a decent rally so far this year," he said. "Markets are in a wait-and-see mode." Friday marks the start of fourth-quarter earnings for S&P 500 companies, with results from JPMorgan Chase and other banks due. Investors are "waiting to hear commentary from companies on how things were looking in the fourth quarter and how things will look in the first quarter, especially given the not-so-great economic backdrop," Nolte said. The Dow Jones Industrial Average fell 68.95 points, or 0.22%, to 30,991.52, the S&P 500 lost 14.3 points, or 0.38%, to 3,795.54 and the Nasdaq Composite dropped 16.31 points, or 0.12%, to 13,112.64. European shares gained for a third straight session. The pan-European STOXX 600 index rose 0.72% and MSCI\'s gauge of stocks across the globe gained 0.01%. The dollar index fell 0.071%, with the euro down 0.02% to $1.2154. Story continues Bitcoin held gains after a slide of nearly $12,000 from last week\'s record high of $42,000. It rose about 5.7% to $39,536 on Thursday, after hitting a session high above $40,000. Treasury yields edged higher in anticipation of the new stimulus package, but a jump in U.S. jobless claims put a damper on immediate expectations of economic growth. Benchmark 10-year Treasury notes last fell 12/32 in price to yield 1.1292%, from 1.088% late on Wednesday. Oil prices edged higher, boosted by a weak dollar and bullish signals from Chinese import data. Brent crude oil futures rose 36 cents, or 0.6%, to settle at $56.42 a barrel. U.S. crude ended 66 cents, or 1.3%, higher at $53.57. Spot gold added 0.2% to $1,847.11 an ounce. (Additional reporting by Gertrude Chavez-Dreyfuss, Herbert Lash and Devika Krishna Kumar in New York; Editing by Angus MacSwan, Steve Orlofsky and Dan Grebler)', 'Twitter CEO Jack Dorsey made his first public statements since the company permanently banned Donald Trump from its platform. In aseries of tweets, Dorsey said he believed Twitter made the correct decision, but that “a ban is a failure of ours ultimately to promote healthy conversation.”\nIn his comments, Dorsey echoed Twitter’sprevious statementson the reason for the ban, writing that “offline harm as a result of online speech is demonstrably real, and what drives our policy and enforcement above all.”\nAt the same time, Dorsey said that the ban also reflects “a failure of ours ultimately to promote healthy conversation.” (Twitter has spent much of thelast two yearstrying to figure out how to make its platform “healthier.”) He added that he feels Twitter’s decision has set a “dangerous” precedent that “an individual or corporation has over a part of the global public conversation.”\nDorsey also pushed back on criticism that the company is engaging in censorship, writing that “a company making a business decision to moderate itself is different from a government removing access.” He also made clear that Twitter did not coordinate with other companies who have also banned or suspended Trump in recent days.\nYou can read his full comments below:\n“I do not celebrate or feel pride in our having to ban @realDonaldTrump from Twitter, or how we got here. After a clear warning we’d take this action, we made a decision with the best information we had based on threats to physical safety both on and off Twitter. Was this correct? I believe this was the right decision for Twitter. We faced an extraordinary and untenable circumstance, forcing us to focus all of our actions on public safety. Offline harm as a result of online speech is demonstrably real, and what drives our policy and enforcement above all.\nThat said, having to ban an account has real and significant ramifications. While there are clear and obvious exceptions, I feel a ban is a failure of ours ultimately to promote healthy conversation. And a time for us to reflect on our operations and the environment around us. Having to take these actions fragment the public conversation. They divide us. They limit the potential for clarification, redemption, and learning. And sets a precedent I feel is dangerous: the power an individual or corporation has over a part of the global public conversation. The check and accountability on this power has always been the fact that a service like Twitter is one small part of the larger public conversation happening across the internet.\nIf folks do not agree with our rules and enforcement, they can simply go to another internet service. This concept was challenged last week when a number of foundational internet tool providers also decided not to host what they found dangerous. I do not believe this was coordinated. More likely: companies came to their own conclusions or were emboldened by the actions of others. This moment in time might call for this dynamic, but over the long term it will be destructive to the noble purpose and ideals of the open internet. A company making a business decision to moderate itself is different from a government removing access, yet can feel much the same. Yes, we all need to look critically at inconsistencies of our policy and enforcement. Yes, we need to look at how our service might incentivize distraction and harm. Yes, we need more transparency in our moderation operations. All this can’t erode a free and open global internet.\nThe reason I have so much passion for #Bitcoin is largely because of the model it demonstrates: a foundational internet technology that is not controlled or influenced by any single individual or entity. This is what the internet wants to be, and over time, more of it will be. We are trying to do our part by funding an initiative around an open decentralized standard for social media. Our goal is to be a client of that standard for the public conversation layer of the internet. We call it @bluesky.\nThis will take time to build. We are in the process of interviewing and hiring folks, looking at both starting a standard from scratch or contributing **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: 2021-01-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $719,270,217,375 - Hash Rate: 150586847.08139417 - Transaction Count: 338809.0 - Unique Addresses: 802110.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Finland’s customs agency is preparing to cash in on a stash of drug-linked bitcoins that’s now worth tens of millions of dollars. Putting a price on the customs agency’s 1,981bitcoinsappeared foolish at press time given how the market-leading cryptocurrency is soaring and crashing by the thousands seemingly every minute. Even so, with bitcoin trading hands above $35,000 for the past 24 hours, one could value Finland’s trove north of $69 million. The sale, which the agency is still planning out according to a Tuesday report inHelsingin Sanomat, will almost certainly realize gains far beyond what it expected when the Finnish authoritiesseized the first 1,666 bitcoinsfrom drug traders in 2016. Bitcoin was trading in the $600 range at the time and the stash was worth less than 1 million euros. Related:Chainalysis Wants to Help the Feds Sell Millions in Forfeited Bitcoin Fearsof the bitcoins re-entering the drug trade had been holding up a sale ever since. But agents appear to have place their concerns aside. Pekka Pylkkänen, CFO of Customs, said the agency will “realize virtual currencies” after talking it through with the Ministry of Finance. No date has been set as of yet. • Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions • Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions • Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions... - Reddit Posts (Sample): [['u/Im_shorting_elon', 'BITCOIN IS NOT A PONZI SCHEME', 21, '2021-01-14 01:04', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/', 'Bitcoin has had multiple crashes yet has risen up like a phoenix every single time! If it\'s a ponzi scheme, why has it lasted 12 years so far??!\n\n"Well, allow me to introduce myself":\n\nhttps://preview.redd.it/719cg0lfv6b61.png?width=903&amp;format=png&amp;auto=webp&amp;s=626946a0ec5dfc18d9e16053110c1356d488fadf', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/', 'kwtmk0', [['u/iBrickedIt', 12, '2021-01-14 01:07', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj68t5z/', 'Every ponzi scheme has a heyday... \n\nBitcoin is built on the bigger idiot theory. As soon as you buy bitcoin, you have to find someone dumber than you to sell it to.', 'kwtmk0'], ['u/Im_shorting_elon', 26, '2021-01-14 01:53', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj6e96c/', 'That is Bernie Madoff, famous for running one the largest Ponzi schemes ever that lasted over 2 decades. He was at one point chairman of the NASDAQ:..', 'kwtmk0'], ['u/Jumpy-Locksmith6812', 16, '2021-01-14 02:08', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj6fy6t/', 'Like a phoenix from the crashes', 'kwtmk0'], ['u/Im_shorting_elon', 12, '2021-01-14 02:22', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj6hli7/', 'Fair enough, but regardless of pyramid, ponzi, bubble, etc. One thing is for sure, the unknown creator and early adopters own the most coins (they can easily manipulate the market, ironic since the point of bitcoin is to give power to the people yet it gives power to a select elite) and what is being sold is a digital beanie baby or cyber limited edition pokemon card.', 'kwtmk0'], ['u/mkwiat', 22, '2021-01-14 02:38', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj6jep0/', "Bitcoin isn't a Ponzi scheme, it's something far more nefarious, a decentralized, trustless Ponzi scheme.", 'kwtmk0'], ['u/jstolfi', 10, '2021-01-14 03:13', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj6nixe/', 'I grant you that. Bitcoin developed a much more robust way of duping its victims than just one guy lying about the existence of a secret portfolio.', 'kwtmk0'], ['u/devliegende', 11, '2021-01-14 04:36', 'https://www.reddit.com/r/Buttcoin/comments/kwtmk0/bitcoin_is_not_a_ponzi_scheme/gj6wnz6/', 'One could argue that what Butt miners do is not mining.', 'kwtmk0']]], ['u/Bwrobes', 'Negative Bitcoin Ads on Social Media', 27, '2021-01-14 01:21', 'https://www.reddit.com/r/Bitcoin/comments/kwtyew/negative_bitcoin_ads_on_social_media/', 'I have been getting lots of sponsored ads on Facebook and Twitter, all calling out the demise of BTC. \n\nI get why I’m being targeted for bitcoin ads, but I would say just about all of them are negative/oppose Bitcoin is anyone else having the same experience?', 'https://www.reddit.com/r/Bitcoin/comments/kwtyew/negative_bitcoin_ads_on_social_media/', 'kwtyew', [['u/Tor-ulf', 13, '2021-01-14 01:25', 'https://www.reddit.com/r/Bitcoin/comments/kwtyew/negative_bitcoin_ads_on_social_media/gj6axu1/', 'Think they are trying to launch Diem soon..', 'kwtyew'], ['u/Delicious_Context_53', 22, '2021-01-14 01:27', 'https://www.reddit.com/r/Bitcoin/comments/kwtyew/negative_bitcoin_ads_on_social_media/gj6b4wp/', 'When some anonymous source tells me I should sell a treasured asset, just when it’s rocketing to the moon, I always listen.', 'kwtyew'], ['u/Mark_Bear', 19, '2021-01-14 01:43', 'https://www.reddit.com/r/Bitcoin/comments/kwtyew/negative_bitcoin_ads_on_social_media/gj6d27p/', 'Why bother wasting time on twitter or FB? When you keep visiting, you make them more rich and more powerful; they use their money and power to corrupt, lie, and censor the truth. Why support that bullshit?', 'kwtyew'], ['u/atrueretard', 10, '2021-01-14 02:36', 'https://www.reddit.com/r/Bitcoin/comments/kwtyew/negative_bitcoin_ads_on_social_media/gj6j7kd/', 'typical clickbait. say something negative about a popular opinion to get peoples attention.', 'kwtyew']]], ['u/lighthopper', 'Why Won’t Another Cryptocurrency Overtake Bitcoin?', 113, '2021-01-14 01:59', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/', "I was in this thread on r/cc titled “Why Won’t Another Cryptocurrency Overtake Bitcoin?” Someone commented with this:\n\n——\n\nWhy would bitcoin 2.0 be in higher demand? what would it have that the other 30 different cryptocurrencies don't already have?\n\nWhat prevents a new material replacing gold?\n\n—-\n\nI wrote a reply and hit send, but was then told I didn’t have enough comment Karma so my comment was removed. That wasn’t what I wanted to hear! So I thought at least I would post the comment here for your thoughts and comments.\n\n——\n\nThis feels like one of the biggest false narratives in crypto. “If something hasn’t replaced Bitcoin yet, than nothing will.” Once upon a time people said the same about Yahoo search too.\n\nRight now nothing in crypto is actually being used, so the only real metric to judge a coin is how compelling its story is. In this world Bitcoin has by far the best story. It was first. It has the immaculate conception. It has the most mining power securing the network. It is the most valuable.\n\nBut one day that might change. One day a cryptocurrency might actually become compelling enough and simple enough for people to actually use in their everyday lives. If this happens it could be a watershed moment for crypto. Now the contest will no longer be who has the best story, but who has the best utility. In this new contest Bitcoin could quickly fall behind.", 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/', 'kwumtg', [['u/ZougTheBest', 18, '2021-01-14 03:30', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6pfy6/', "I wouldn't say an asset worth more than 1 billion never took off..", 'kwumtg'], ['u/OwnAGun', 23, '2021-01-14 03:55', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6s7ae/', 'Nano will surpass Bitcoin', 'kwumtg'], ['u/Zarxrax', 60, '2021-01-14 04:39', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6wzvc/', "Bitcoins story is that it makes people rich. People don't care about simple things like sending a few bucks to someone quickly and easily when they have dreams of being a millionaire.", 'kwumtg'], ['u/UnknownEssence', 10, '2021-01-14 04:45', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6xpiw/', 'The fact that it’s still like top 50 is amazing', 'kwumtg'], ['u/thespiffydentist', 22, '2021-01-14 04:48', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6xzpe/', 'Just like Google never overtook Yahoo. Just like Apple never overtook Microsoft. Just like Tesla never overtook the car industry.', 'kwumtg'], ['u/coranos2', 33, '2021-01-14 04:53', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6yiuz/', "It's just bitcoin maximalism. Bitcoin took over, something will take over Bitcoin.\n\nThis year? Probably not.", 'kwumtg'], ['u/MIS-concept', 13, '2021-01-14 05:06', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj6zvo5/', 'What clear advantages does NANO have over traditional means of sending money quickly?', 'kwumtg'], ['u/alabruh', 11, '2021-01-14 06:06', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj75qsh/', 'Sending money over\xa0Venmo\xa0triggers a standard 3%\xa0fee, but the company waives that expense when the transaction is funded with a\xa0Venmo\xa0balance, a bank account, or a debit card. The 3%\xa0fee\xa0is not waived when users send money from a credit card.\n\nTook me 2 minutes to get this information.', 'kwumtg'], ['u/alabruh', 36, '2021-01-14 06:10', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj7634x/', "Ah yes, you just described what a ponzi scheme is. \nNo, BTC deserves the recognition for creating the crypto space BUT Nano fulfils the Satoshi's vision of a P2P censorship resistant, global currency. Plus yes, its fast and feeless.", 'kwumtg'], ['u/throwawayLouisa', 40, '2021-01-14 06:30', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj77w0s/', '• Instant (sub-second) \n• No fee cut. \n• No minimum amount (micropayments possible) \n• No maximum amount. \n• No bank account required \n• No ID required \n• Send to anyone even without money exchange account \n• Uncensorable \n• No setup delay/hassle', 'kwumtg'], ['u/throwawayLouisa', 20, '2021-01-14 06:35', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj78d6l/', '° Venmo is only available to users physically located in the USA. (4% of the global population)\n\n• Venmo charges up to 3% fees\n\n• Venmo requires documentation/ID', 'kwumtg'], ['u/gicacoca', 12, '2021-01-14 06:40', 'https://www.reddit.com/r/nanocurrency/comments/kwumtg/why_wont_another_cryptocurrency_overtake_bitcoin/gj78roz/', 'In the entrepreneurial world, there is a popular saying: \n\n“Right a wrong”\n\nIt means that if you can see something wrong in a product or in a service, you can fix it or deliver a better version of it.\n\nBitcoin has its known flaws, so there is room to do a better version of it which I would say is Nano.', 'kwumtg'], ['u/t... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Rodrigo Campos NEW YORK (Reuters) - Stock and oil prices fell on Friday, pressured by intensifying lockdowns and weak U.S. retail sales data, while the dollar index posted its largest weekly gain in more than two months. U.S. bond yields and stocks have risen recently, partly on expectations about the rollout of coronavirus vaccines and on a massive stimulus plan by the incoming Democratic administration. President-elect Joe Biden on Thursday unveiled a $1.9 trillion economic aid plan. But vaccination campaigns have progressed more slowly than expected and the prospect of stricter lockdowns in France and Germany, as well as a resurgence of COVID-19 cases in China, weighed on market sentiment. "I feel that after all the optimism regarding vaccines, we are now living the reality of a very slow rollout, which is weighing heavily on business activity," said Juan Perez, senior currency trader at Tempus Inc in Washington. "Until we have more guarantees on the medical front, markets will not continue to flourish despite whatever financial aid may be on the way," Perez said. The dollar gained ground against the euro and sterling, while the yen was little changed. Stocks fell but remained close to recent record highs, with investors also digesting the prospect of rising taxes to pay for Biden\'s plan. "Spending is easy to do but the question is how are you going to pay for it? Markets often ignore politics but they don\'t often ignore taxes," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. The Dow Jones Industrial Average fell 177.26 points, or 0.57%, to 30,814.26, the S&P 500 lost 27.29 points, or 0.72%, to 3,768.25 and the Nasdaq Composite dropped 114.14 points, or 0.87%, to 12,998.50. The pan-European STOXX 600 index lost 1.01% and MSCI\'s gauge of stocks across the globe shed 0.86%. Emerging market stocks lost 0.93%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.67% lower, while Nikkei futures lost 2.01%. Story continues Yields were also pressured lower by a weaker-than-expected reading in U.S. retail sales. "This morning’s disappointing retail sales figures reinforced the idea that more stimulus will be needed," said Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets in New York. U.S. 10-year notes last rose 13/32 in price to yield 1.0852%, from 1.129% late on Thursday. Despite the weekly dip in the benchmark yield, it was set to close a second week above 1%, a streak not seen since before the lockdowns took hold early last year. Oil prices fell sharply on concerns that demand would be lower as COVID-19 continues to rage globally. "The recent resurgence in coronavirus infections, appearance of new variants, delayed vaccine rollouts and renewed lockdown measures in most major OECD economies has clouded the economic and demand recovery," said Stephen Brennock of oil broker PVM. U.S. crude recently fell 2.73% to $52.11 per barrel and Brent was at $54.87, down 2.75% on the day. The dollar index rose 0.573%, with the euro down 0.68% to $1.2073, while sterling was last trading at $1.3585, down 0.75% on the day. The Japanese yen weakened 0.07% versus the greenback at 103.88 per dollar. Spot gold dropped 1.1% to $1,826.59 an ounce. Silver fell 3.11% to $24.74. Bitcoin last fell 7.59% to $36,164.50. (Reporting by Rodrigo Campos; Additional reporting by Lucia Mutikani in Washington and Sinead Carew, Karen Brettell, Jessica Resnick-Ault and Saqib Iqbal Ahmed in New York; Editing by Nick Zieminski, Cynthia Osterman and Sonya Hepinstall)', 'By Rodrigo Campos\nNEW YORK (Reuters) - Stock and oil prices fell on Friday, pressured by intensifying lockdowns and weak U.S. retail sales data, while the dollar index posted its largest weekly gain in more than two months.\nU.S. bond yields and stocks have risen recently, partly on expectations about the rollout of coronavirus vaccines and on a massive stimulus plan by the incoming Democratic administration. President-elect Joe Biden on Thursday unveiled a $1.9 trillion economic aid plan.\nBut vaccination campaigns have progressed more slowly than expected and the prospect of stricter lockdowns in France and Germany, as well as a resurgence of COVID-19 cases in China, weighed on market sentiment.\n"I feel that after all the optimism regarding vaccines, we are now living the reality of a very slow rollout, which is weighing heavily on business activity," said Juan Perez, senior currency trader at Tempus Inc in Washington.\n"Until we have more guarantees on the medical front, markets will not continue to flourish despite whatever financial aid may be on the way," Perez said.\nThe dollar gained ground against the euro and sterling, while the yen was little changed.\nStocks fell but remained close to recent record highs, with investors also digesting the prospect of rising taxes to pay for Biden\'s plan.\n"Spending is easy to do but the question is how are you going to pay for it? Markets often ignore politics but they don\'t often ignore taxes," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.\nThe Dow Jones Industrial Average fell 177.26 points, or 0.57%, to 30,814.26, the S&P 500 lost 27.29 points, or 0.72%, to 3,768.25 and the Nasdaq Composite dropped 114.14 points, or 0.87%, to 12,998.50.\nThe pan-European STOXX 600 index lost 1.01% and MSCI\'s gauge of stocks across the globe shed 0.86%.\nEmerging market stocks lost 0.93%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.67% lower, while Nikkei futures lost 2.01%.\nYields were also pressured lower by a weaker-than-expected reading in U.S. retail sales.\n"This morning’s disappointing retail sales figures reinforced the idea that more stimulus will be needed," said Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets in New York.\nU.S. 10-year notes last rose 13/32 in price to yield 1.0852%, from 1.129% late on Thursday.\nDespite the weekly dip in the benchmark yield, it was set to close a second week above 1%, a streak not seen since before the lockdowns took hold early last year.\nOil prices fell sharply on concerns that demand would be lower as COVID-19 continues to rage globally.\n"The recent resurgence in coronavirus infections, appearance of new variants, delayed vaccine rollouts and renewed lockdown measures in most major OECD economies has clouded the economic and demand recovery," said Stephen Brennock of oil broker PVM.\nU.S. crude recently fell 2.73% to $52.11 per barrel and Brent was at $54.87, down 2.75% on the day.\nThe dollar index rose 0.573%, with the euro down 0.68% to $1.2073, while sterling was last trading at $1.3585, down 0.75% on the day.\nThe Japanese yen weakened 0.07% versus the greenback at 103.88 per dollar.\nSpot gold dropped 1.1% to $1,826.59 an ounce. Silver fell 3.11% to $24.74.\nBitcoin last fell 7.59% to $36,164.50.\n(Reporting by Rodrigo Campos; Additional reporting by Lucia Mutikani in Washington and Sinead Carew, Karen Brettell, Jessica Resnick-Ault and Saqib Iqbal Ahmed in New York; Editing by Nick Zieminski, Cynthia Osterman and Sonya Hepinstall)', 'By Rodrigo Campos NEW YORK (Reuters) - Stock and oil prices fell on Friday, pressured by intensifying lockdowns and weak U.S. retail sales data, while the dollar index posted its largest weekly gain in more than two months. U.S. bond yields and stocks have risen recently, partly on expectations about the rollout of coronavirus vaccines and on a massive stimulus plan by the incoming Democratic administration. President-elect Joe Biden on Thursday unveiled a $1.9 trillion economic aid plan. But vaccination campaigns have progressed more slowly than expected and the prospect of stricter lockdowns in France and Germany, as well as a resurgence of COVID-19 cases in China, weighed on market sentiment. "I feel that after all the optimism regarding vaccines, we are now living the reality of a very slow rollout, which is weighing heavily on business activity," said Juan Perez, senior currency trader at Tempus Inc in Washington. "Until we have more guarantees on the medical front, markets will not continue to flourish despite whatever financial aid may be on the way," Perez said. The dollar gained ground against the euro and sterling, while the yen was little changed. Stocks fell but remained close to recent record highs, with investors also digesting the prospect of rising taxes to pay for Biden\'s plan. "Spending is easy to do but the question is how are you going to pay for it? Markets often ignore politics but they don\'t often ignore taxes," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. The Dow Jones Industrial Average fell 177.26 points, or 0.57%, to 30,814.26, the S&P 500 lost 27.29 points, or 0.72%, to 3,768.25 and the Nasdaq Composite dropped 114.14 points, or 0.87%, to 12,998.50. The pan-European STOXX 600 index lost 1.01% and MSCI\'s gauge of stocks across the globe shed 0.86%. Emerging market stocks lost 0.93%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.67% lower, while Nikkei futures lost 2.01%. Story continues Yields were also pressured lower by a weaker-than-expected reading in U.S. retail sales. "This morning’s disappointing retail sales figures reinforced the idea that more stimulus will be needed," said Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets in New York. U.S. 10-year notes last rose 13/32 in price to yield 1.0852%, from 1.129% late on Thursday. Despite the weekly dip in the benchmark yield, it was set to close a second week above 1%, a streak not seen since before the lockdowns took hold early last year. Oil prices fell sharply on concerns that demand would be lower as COVID-19 continues to rage globally. "The recent resurgence in coronavirus infections, appearance of new variants, delayed vaccine rollouts and renewed lockdown measures in most major OECD economies has clouded the economic and demand recovery," said Stephen Brennoc **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: 2021-01-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $719,270,217,375 - Hash Rate: 158782049.6436469 - Transaction Count: 344002.0 - Unique Addresses: 808283.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cyberpunk 2077 publisher, CD Projekt SA , is planning to defend itself “vigorously” against claims raised in a class-action lawsuit, Bloomberg has reported . What Happened: Andrew Trampe, an investor, filed a lawsuit in a federal court in Los Angeles on Thursday, claiming the video game developer misled investors about the game's condition and possible technical glitches that led to losses. According to the court filing, the plaintiff claims CD Projekt did not warn investors that Cyberpunk 2077 was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs.” The video game developer vowed to defend itself against “any such claims.” Why It Matters: Sony Corp (NYSE: SNE ) removed the long-anticipated game from the PlayStation store on Dec. 18 and offered full refunds to everyone who had purchased it. CD Projekt SA’s American Depositary Receipt shares went down by 25% in the next three days after the game’s release on Dec. 10. They fell another 16% following Sony’s announcement. Users started to complain about glitches and bugs in the game just hours after its official release, according to Bloomberg. Microsoft Corporation (NASDAQ: MSFT ) has also begun offering refunds for the game but has not pulled the game out of the Microsoft store yet. Price Action: Sony shares fell 0.60% and closed at $96.26 in the after-hours trading on Thursday. Microsoft traded at $222.51, with a 0.11% loss at the Thursday post-market session close. Image: Courtesy of Cyberpunk 2077 See more from Benzinga Click here for options trades from Benzinga Bitcoin Crosses ,700, Aims At ,000 Here's What You Need To Know About Cyberattack Against US © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/chernchern', 'Asking for a DD &amp; Catalyst BEFORE the run... $VNUE is still .01 and is ready to pop (some DD included)', 48, '2021-01-15 00:18', 'https://www.reddit.com/r/pennystocks/comments/kxhik0/asking_for_a_dd_catalyst_before_the_run_vnue_is/', 'With the posts lately claiming that info only comes after the run, here is one for you. VNUE. Please note, much of this is not my writing, rather info collected from their website and other sources. All of which you may verify on your own by visiting the various websites linked and reading for yourself and doing your own DD.\n\n(I\'m not a financial advisor, please note any opinions expressed here are my own.)\n\n**About VNUE**\n\nVNUE is a music technology company dedicated to further monetizing the live music experience for artists, labels, writers, publishers, and literally all stakeholders, by creating new and exciting products; by leveraging automation technology and second-to-none experience in the instant live space; and by identifying issues such as lack of transparency with performance rights organizations and solving this through innovation and our patent-pending solutions.\xa0\n\nThe VNUE team is the most experienced in our space, a group of technology entrepreneurs, artists and songwriters who are passionate about the future of the industry, and ensuring that the value of the rights holders are not lost in the context of new and ever-changing technology.\n\nVNUE is the exclusive licensor of "instant live" pioneer [DiscLive](http://www.disclive.net/), offering high-end collectible products such as CDs, USB drives and laminates, that feature our fully mixed and mastered live concert content.\n\nVNUE also utilizes our exclusive [set.fm](http://www.set.fm/) technology to help artists and labels render real revenue from live shows by making that content available to the set.fm platform immediately after the show, utilizing our DiscLive expertise.\n\nFinally, VNUE is rolling out our [Soundstr](http://www.soundstr.com/) music identification technology to venues, bars, restaurants, radio stations, and more, to ensure that artists are being properly compensated for music that is performed, and also to ensure that businesses pay by use, rather than expensive blanket license agreements.\xa0 VNUE is revolutionizing how royalties are paid, and injecting transparency into an otherwise complicated and murky world.\n\nBy (a) selling only live content through our platforms, to include not just major and independent label content, but creating and scaling our own “instant” live exclusive content, (b) processing and paying mechanical royalties on instant live content, and (c), ensuring proper accounting and payment to rights holders of material played in venues, VNUE has a perfect trifecta of solutions that will revolutionize the live music business.\n\n**Management Team:**\n\n**ZACH BAIR • CEO &amp; CHAIRMAN**VNUE CEO Zach Bair started his musical ambitions at 6 years old, "banging" on his mother\'s baby grand piano, much to her chagrin. This evolved into trumpet playing in high school and eventually "loud" rock-n-roll bands by the time college and beyond hit. An entrepreneur, Zach has started multiple tech and music companies, including **Immediatek, which rolled out Bair’s copy-control technology in 2002, and subsequently commercialized the original DiscLive, considered to be the pioneer of the "instant live" space, on a groundbreaking tour with the Pixies in 2004. Immediatek sold to Mark Cuban in 2006.** Prior to Immediatek, he founded Voyence (previously known as PowerUp Networks) based on patented software of his design, and raised over $12M in a Series A round of funding. That company eventually sold to EMC Corp. He has carried the torch for music and technology ever since, continuing to pursue greater control, protection, and revenue for artists and labels, culminating in his leadership with VNUE to take the model to the next level.\n\n**LOU MANN • EXECUTIVE VICE PRESIDENT &amp; DIRECTOR**\n\nLou is former Executive Vice President and General Manager of **Capital Records,** and also former president of Media Properties for House of Blues. During his time with House of Blues, where he reported directly to the CEO, Mann successfully introduced the HOB to the recorded music industry by developing a viable label and signing major artists.\n\n**TONY CARDENAS • CHIEF CREATIVE OFFICER &amp; DIRECTOR**Better known as "Tony Montana," the bassist and co-writer for double platinum recording artist Great White from 1987-1992, Tony has gone on to a successful career not only in music, producing and recording, but also as a hi-tech entrepreneur. He co-founded the precedent-setting business DiskFaktory.com, which generated over $12M in revenues during its lifetime.\n\n**JIM KING • CTO**\n\nMr. King has held CIO, CTO, and COO level roles with leading global information services, media and publishing companies including McGraw-Hill (S&amp;P Global), Brightpoint, PR Newswire (Cision), LexisNexis and Reed Elsevier PLC, and leadership roles with such companies as Microsoft and NCR/AT&amp;T Bell Labs. He is also founder of multiple startups including Core Rights, which developed technology focused on machine learning-based sales lead generation and venue music licensing utilizing blockchain technology.[https://www.otcmarkets.com/stock/VNUE/news/Former-BMI-Executive-Jim-King-Joins-VNUE-Inc?id=219860](https://www.otcmarkets.com/stock/VNUE/news/Former-BMI-Executive-Jim-King-Joins-VNUE-Inc?id=219860)\n\n**JOCK WEAVER - ADVISOR**Mr. Weaver previously **served as president of Hard Rock Café International, an English publicly traded company that had operations in London, New York, Dallas, Stockholm, Tokyo, Reykjavick, Cancun, Boston, and Washington D.C., and whose securities traded on both the London Stock Exchange and the American Stock Exchange. In fact, Mr. Weaver was the youngest person in history to list a company on both exchanges.**\n\n[https://www.otcmarkets.com/stock/VNUE/news/Former-Hard-Rock-International-President-Jock-Weaver-Joins-VNUE-Inc?id=212408](https://www.otcmarkets.com/stock/VNUE/news/Former-Hard-Rock-International-President-Jock-Weaver-Joins-VNUE-Inc?id=212408)\n\n**JOHN MADISON – ADVISORMr. Madison has spent over 25 years working in radio, and has been brought into VNUE as an advisor to assist in the rollout of the Soundstr music recognition technology into that sector.** In addition to several leadership roles in the music industry, including as Executive Vice President with Warner Music Group, Madison has also held high profile positions in radio. He has worked as Senior Vice President at Pyramid Broadcasting, where he was responsible for several large markets including Los Angeles, New York, San Francisco, and Phoenix.\n\n[https://www.otcmarkets.com/stock/VNUE/news/Radio-Industry-Veteran-John-Madison-Joins-VNUE-Inc?id=219509](https://www.otcmarkets.com/stock/VNUE/news/Radio-Industry-Veteran-John-Madison-Joins-VNUE-Inc?id=219509)\n\n**Key Partnerships:**\n\n**Rob Thomas &amp; Australia Tour**\n\n[https://www.otcmarkets.com/stock/VNUE/news/VNUE-Announces-Australian-Tour-Leg-With-Rob-Thomas?id=241552](https://www.otcmarkets.com/stock/VNUE/news/VNUE-Announces-Australian-Tour-Leg-With-Rob-Thomas?id=241552)\n\n**Matchbox20**NEW YORK, Jan. 13, 2020 /PRNewswire/ -- VNUE, Inc. (OTC: VNUE) announced today that the company has signed a deal with Matchbox Twenty, the multi-platinum, hit-making pop rock band, to record each date on the band\'s 2020 tour, and to release "instant" collectible CD sets and collectible download cards through its exclusive partner, DiscLive (disclive.net), and through its innovative digital mobile platform, set.fm.[https://www.otcmarkets.com/stock/VNUE/news/VNUE-Signs-Matchbox-Twenty-to-Record-2020-Tour-Dates?id=251132](https://www.otcmarkets.com/stock/VNUE/news/VNUE-Signs-Matchbox-Twenty-to-Record-2020-Tour-Dates?id=251132)\n\n**Ticketmaster**“**Additionally, VNUE has partnered with Ticketmaster (NASDAQ: TKTM) so that fans may have the option of purchasing the "instant live" CD sets when they buy their tickets.”**[https://www.otcmarkets.com/stock/VNUE/news/VNUE-Signs-Matchbox-Twenty-to-Record-2020-Tour-Dates?id=251132](https://www.otcmarkets.com/stock/VNUE/news/VNUE-Signs-Matchbox-Twenty-to-Record-2020-Tour-Dates?id=251132)\n\n**ROCKHOUSE LIVE INTERNATIONAL**\n\nToday, Jock Weaver, former president &amp; visionary force of the international phenomenon Hard Rock Café, **announces a partnership with music tech guru/entrepreneur Zach Bair in ROCKHOUSE LIVE INTERNATIONAL™, an exciting new hybrid Live &amp; Virtual entertainment-themed restaurant and venue operation.**In a strong nod to the Pandemic, ROCKHOUSE LIVE INTERNATIONAL™ is also designed to offer live VIRTUAL concerts along with plenty of take-out food to boot. Using technology developed and operated by the company of which Bair is CEO, VNUE, Inc. (OTC: VNUE), fans can have concert audio within minutes of the end of a show, delivered directly to their mobile devices via the set.fm website ([www.set.fm](http://www.set.fm)) or the set.fm mobile application.\n\n[https://www.fb101.com/2020/09/rockhouse-live-international-launches-hybrid-live-virtual-entertainment-foodie-spots/](https://www.fb101.com/2020/09/rockhouse-live-international-launches-hybrid-live-virtual-entertainment-foodie-spots/)\n\n&amp;#x200B;\n\n**Today\'s News:**\n\n[**https://www.prnewswire.com/news-releases/vnue-announces-soundstr-deal-with-newhd-media-301208755.html**](https://www.prnewswire.com/news-releases/vnue-announces-soundstr-deal-with-newhd-media-301208755.html)\n\n(Copied from article)\n\nNEW YORK, Jan. 14, 2021 /PRNewswire/ --\xa0VNUE, Inc. (OTC: VNUE) announced today that it has signed a radio monitoring and partnership agreement utilizing its patent-pending Soundstr technology, with NEWHD Media, and additionally, it was announced that VNU... 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:** ['CAGAYAN, PHILIPPINES / ACCESSWIRE / January 15, 2021 / Tinaga Island Resort STO will be the first implementation of Ravencoin protocol in a security token offering involving ownership of prime beach front real estate in the Philippine island of Tinaga and income from the sale of villas, hotel operations and appreciating asset value. TIRC is the unique token name and is expected to be listed on Cryptosx during Q1 2021. Tinaga Team leader, Daniel Mckinney said: "We chose Cryptosx as our 1 st trading exchange for our token because we believe Cryptosx is becoming the OTC trading center for world-wide tokens. This is the beginning of the beginning! Cryptosx has been working for several months with Tron Black, Ravencoin Lead Developer and with AlphaPoint, an exchange software provider, on the integration of Ravencoin protocol to ensure our suite of token life cycle management tools work seamlessly and efficiently on each transaction in accordance with our compliance requirements. "I\'m excited to see the open-source decentralized Ravencoin tokenization platform used to securely record ownership. With AlphaPoint becoming Ravencoin asset aware and support from Cryptosx, this opens up opportunities for more projects to tokenize on Ravencoin", claimed Tron Black, President of Ravencoin Foundation. "We are a highly focused trading platform for security tokens and understand that we need to continuously improve functionalities and cost/benefits attributes for our clients and investors. Ravencoin came onto our radar in early 2020 as we began to examine alternative tokenization protocols\' said Founder of Cryptosx, Philip Tam. Ravencoin was created in 2017 as a fork of the open-source Bitcoin code as a way to hold assets digitally and transfer them easily between parties. That was the specific use case Ravencoin was designed for and is a truly open source project (no ICO or master nodes). Two very important characteristics or features of Ravencoin assets are (1) the ability to acquire a Unique Name to prevent fraud and spoofing and (2) the cost to transfer is much cheaper than ERC-20 or extended ERC-20 smart contracts. So many blockchain projects try to pretend they can solve every problem, or try to offer a use-case for every scenario. Ravencoin is different because it\'s focused on doing one thing right - tokenized asset transfers. Story continues "Tinaga is the first Ravencoin based STO and we are all very excited to be part of this journey. We do expect to see more adoption in 2021 following the completion of the Ravencoin code audit and interested projects in our pipeline," concluded Philip Tam. About Ravencoin Ravencoin (RVN) is a decentralized peer-to-peer network designed to efficiently handle the transfer of assets from one party to another. Built on a fork of the Bitcoin code, the proof-of-work Ravencoin platform was launched January 3rd, 2018 and is a truly open source project (no ICO, no pre-mine, no masternodes). It focuses on building a useful technology, with a strong and growing community. https://medium.com/@ravencoin/ravencoin-4683cd00f83c . About Tinaga Resorts Corp. Tinaga Resorts Corp "TRC" is a Philippine corporation implementing the latest environmental technology, combining green development with responsible eco-tourism and is exercising responsible stewardship over its natural environment. Tinaga island is a showcase of pristine clear blue water and unspoiled virgin white sand beaches. In recognition of a 100% green sustainable development, TRC strives to maintain a delicate balance between achieving tourism development goals and conserving the islands fragile environment. www.tinagaislandresort.com For more information on Tinaga Resort, please visit: https://www.tinagaislandresort.com About AlphaPoint AlphaPoint is a financial technology company powering digital asset exchanges and brokerages worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate digital asset markets, as well as digitize assets. AlphaPoint and its award winning blockchain technology have helped start-ups and institutions discover and execute their blockchain strategies since 2013. Alpha Point: www.alphapoint.com . About CryptoSX With the empowerment of world-leading technologies, CryptoSX is building a cutting edge crypto exchange platform for STOs backed by Fiat/Crypto conversion capabilities. They are significantly involved in assisting companies in STO primary listings, STO secondary trading and to develop and launch a substantial decentralized finance "DeFi" business, including crypto lending. CryptoSX is compliant with all of the applicable financial and virtual exchange policies and regulations of the Philippine government under CEZA (Cagayan Economic Zone Authority). For more information on CryptoSX please visit: www.cryptosx.io . CONTACT: Philip Tam Email: [email protected] SOURCE: CryptoSX View source version on accesswire.com: https://www.accesswire.com/624421/CryptoSX-Digital-Asset-Exchange-Announced-Today-that-its-Trading-Platform-will-Support-Ravencoin-Assets-to-Further-Strengthen-its-Position-as-the-Leading-Security-Token-Platform-in-Asia', 'CAGAYAN, PHILIPPINES / ACCESSWIRE / January 15, 2021 / Tinaga Island Resort STO will be the first implementation of Ravencoin protocol in a security token offering involving ownership of prime beach front real estate in the Philippine island of Tinaga and income from the sale of villas, hotel operations and appreciating asset value. TIRC is the unique token name and is expected to be listed on Cryptosx during Q1 2021. Tinaga Team leader, Daniel Mckinney said: "We chose Cryptosx as our 1 st trading exchange for our token because we believe Cryptosx is becoming the OTC trading center for world-wide tokens. This is the beginning of the beginning! Cryptosx has been working for several months with Tron Black, Ravencoin Lead Developer and with AlphaPoint, an exchange software provider, on the integration of Ravencoin protocol to ensure our suite of token life cycle management tools work seamlessly and efficiently on each transaction in accordance with our compliance requirements. "I\'m excited to see the open-source decentralized Ravencoin tokenization platform used to securely record ownership. With AlphaPoint becoming Ravencoin asset aware and support from Cryptosx, this opens up opportunities for more projects to tokenize on Ravencoin", claimed Tron Black, President of Ravencoin Foundation. "We are a highly focused trading platform for security tokens and understand that we need to continuously improve functionalities and cost/benefits attributes for our clients and investors. Ravencoin came onto our radar in early 2020 as we began to examine alternative tokenization protocols\' said Founder of Cryptosx, Philip Tam. Ravencoin was created in 2017 as a fork of the open-source Bitcoin code as a way to hold assets digitally and transfer them easily between parties. That was the specific use case Ravencoin was designed for and is a truly open source project (no ICO or master nodes). Two very important characteristics or features of Ravencoin assets are (1) the ability to acquire a Unique Name to prevent fraud and spoofing and (2) the cost to transfer is much cheaper than ERC-20 or extended ERC-20 smart contracts. So many blockchain projects try to pretend they can solve every problem, or try to offer a use-case for every scenario. Ravencoin is different because it\'s focused on doing one thing right - tokenized asset transfers. Story continues "Tinaga is the first Ravencoin based STO and we are all very excited to be part of this journey. We do expect to see more adoption in 2021 following the completion of the Ravencoin code audit and interested projects in our pipeline," concluded Philip Tam. About Ravencoin Ravencoin (RVN) is a decentralized peer-to-peer network designed to efficiently handle the transfer of assets from one party to another. Built on a fork of the Bitcoin code, the proof-of-work Ravencoin platform was launched January 3rd, 2018 and is a truly open source project (no ICO, no pre-mine, no masternodes). It focuses on building a useful technology, with a strong and growing community. https://medium.com/@ravencoin/ravencoin-4683cd00f83c . About Tinaga Resorts Corp. Tinaga Resorts Corp "TRC" is a Philippine corporation implementing the latest environmental technology, combining green development with responsible eco-tourism and is exercising responsible stewardship over its natural environment. Tinaga island is a showcase of pristine clear blue water and unspoiled virgin white sand beaches. In recognition of a 100% green sustainable development, TRC strives to maintain a delicate balance between achieving tourism development goals and conserving the islands fragile environment. www.tinagaislandresort.com For more information on Tinaga Resort, please visit: https://www.tinagaislandresort.com About AlphaPoint AlphaPoint is a financial technology company powering digital asset exchanges and brokerages worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate digital asset markets, as well as digitize assets. AlphaPoint and its award winning blockchain technology have helped start-ups and institutions discover and execute their blockchain strategies since 2013. Alpha Point: www.alphapoint.com . About CryptoSX With the empowerment of world-leading technologies, CryptoSX is building a cutting edge crypto exchange platform for STOs backed by Fiat/Crypto conversion capabilities. They are significantly involved in assisting companies in STO primary listings, STO secondary trading and to develop and launch a substantial decentralized finance "DeFi" business, including crypto lending. CryptoSX is compliant with all of the applicable financial and virtual exc **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: 2021-01-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $719,270,217,375 - Hash Rate: 150586847.08139417 - Transaction Count: 308461.0 - Unique Addresses: 733398.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.84 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Citi analyst Tyler Radke lowered his recommendation on MicroStrategy to “sell” from “neutral,” warning investors in a Tuesday research note the company’s recent bitcoin euphoria may be overextended, according toSeeking Alpha. Radke cited CEO Michael Saylor’s “disproportionate focus” onbitcoinas a potentially troubling trend for the business intelligence company. He also said MicroStrategy’s planned $400 million debt offering to fund additional bitcoin purchases signals “incremental risk to the story.” Insider selling also contributed to Radke’s eyeing a $250 price target (still above his previous MSTR target of $200). Related:A De Facto Bitcoin ETF? MicroStrategy Is Raising $400M to Buy More BTC Shares of MSTR were down more than 10% to $300.86 in recent trading. The shares have more than doubled since August, largely driven by Saylor’s foray into bitcoin. • Citi Analyst Chides Saylor’s Bitcoin Focus, Cuts MicroStrategy to ‘Sell’ • Citi Analyst Chides Saylor’s Bitcoin Focus, Cuts MicroStrategy to ‘Sell’ • Citi Analyst Chides Saylor’s Bitcoin Focus, Cuts MicroStrategy to ‘Sell’... - Reddit Posts (Sample): [['u/AwkwarThrowaway', 'Where to get anonymous help with NSFW work?', 20, '2021-01-16 00:14', 'https://www.reddit.com/r/AusLegal/comments/ky6gty/where_to_get_anonymous_help_with_nsfw_work/', "We're a couple based in (NSW/VIC) and had started an onlyfans/cam work online. Kinda by surprise we're making good money and are looking to continue this as part time work.\n\nWe're a bit confused regarding the law matters around this. Do we need a license? Which state would be better for us to work in? How to file taxes?\n\nCurrently, one of us is listed as the account holder (independent contractor as per the company) who received all payments and then we filed seperate returns for half the amount each. We also have some people paying us in bitcoin for special video requests and I'm not sure how to use them/list them as income. Also, we're thinking go getting a bigger place to set up a studio for us - can we list it as a write off? (Business expenses) \n\nWe have no idea how to go by this, we're also very surprised by the amount we made. I'm scared that the govt is gonna come after us. Also, we'd like to keep it anonymous to family and friends. Should we talk to a lawyer/CPA? If yes, who? Would be great if someone could refer a guy who works with this kind of jobs.", 'https://www.reddit.com/r/AusLegal/comments/ky6gty/where_to_get_anonymous_help_with_nsfw_work/', 'ky6gty', [['u/privacypolicyupdated', 24, '2021-01-16 00:21', 'https://www.reddit.com/r/AusLegal/comments/ky6gty/where_to_get_anonymous_help_with_nsfw_work/gjeb0gb/', "You should definitely contact your state's sex worker organisation, they do a pile of work in this area and some will have recommendations for accountants and the like. The national peak: https://www.scarletalliance.org.au/", 'ky6gty']]], ['u/Natural_Mountain', "Miami mayor considers diversifying city's treasury reserve into Bitcoin", 183, '2021-01-16 00:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/ky6pze/miami_mayor_considers_diversifying_citys_treasury/', ' Miami’s mayor is considering diversifying the city’s treasury reserves into Bitcoin. Also wants Miami to emerge as one of the most crypto-forward cities in the country. \n\n Suarez is considering to create a regulatory framework that makes Miami the easiest place in the U.S. to do crypto business. Along with regulatory norms, he is also looking into allowing citizens to pay taxes and fees to the city in bitcoin. \n\nFull article [here](https://cryptopurview.com/miami-mayor-considers-diversifying-cities-treasury-reserve-into-bitcoin/).', 'https://www.reddit.com/r/BitcoinMarkets/comments/ky6pze/miami_mayor_considers_diversifying_citys_treasury/', 'ky6pze', [['u/Ahdilable', 48, '2021-01-16 00:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/ky6pze/miami_mayor_considers_diversifying_citys_treasury/gjeejsw/', "Yeah he's been saying he'll consider it for ages\n\nGo ahead and do it you pussy....I guess most men can't all be as chad as Michael Saylor.", 'ky6pze'], ['u/Vladimus44', 15, '2021-01-16 03:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/ky6pze/miami_mayor_considers_diversifying_citys_treasury/gjeuqv3/', "He's only considering a 1% allocation. Chill out. Its not irresponsible at all.", 'ky6pze']]], ['u/0_oii', 'Bitcoin Farm Time Calculator', 59, '2021-01-16 01:03', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/', ' [Bitcoin Calculator](https://www.desmos.com/calculator/xz4iunjgiz) \nI made this and I thought it would be somewhat useful.', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/', 'ky7dix', [['u/No-Engineering1629', 18, '2021-01-16 02:06', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/gjemoin/', 'To get the bitcoin farm you need to obtain millions of rubles just to be able to craft it then you have to buy graphics cards of rush the tech stores on interchange endlessly', 'ky7dix'], ['u/Anubis_9696', 16, '2021-01-16 02:33', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/gjepl29/', "It's not useless though. The world of tarkov is still bound by the value of money, clearly. Bitcoin is literally a currency and you can mine it from anywhere in the world. The rest of the world isn't in complete turmoil like tarkov is, lorewise. The traders would likely be paying suppliers to ship items and people in and out of tarkov. Many of these actions likely illegal in nature, which is where bitcoin true value is anyway. It makes perfect sense.", 'ky7dix'], ['u/ChocolateWaffles-', 11, '2021-01-16 03:12', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/gjetuxb/', 'So then it makes sense that bitcoins could be exchanged for roubles to fund operations within Tarkov, right?', 'ky7dix'], ['u/Anubis_9696', 10, '2021-01-16 03:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/gjeux7f/', "I've already tried. Dude can't be reasoned with. He seems to just not like the concept of making money without scrounging. Fair point sure, but his other lore reasoning is garbage.", 'ky7dix'], ['u/darkhunter225', 10, '2021-01-16 04:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/ky7dix/bitcoin_farm_time_calculator/gjf1i05/', 'Tarkov DOES have internet though. You’ve gotta get past the interference “the entire point of some of mechanics quests”', 'ky7dix']]], ['u/mooreaa-revo', 'Why 21% is actually only 4.68%', 30, '2021-01-16 01:05', 'https://www.reddit.com/r/mtgoxinsolvency/comments/ky7exa/why_21_is_actually_only_468/', "Let's be honest here, no one is getting 21% back. The OZ calculator last showed around 14.9% baed on the book numbers, and is probably accurate, if we lived in a fair world. \n\nSo whats the 21%? The 21% is an offer to shut you up and get you out of the way while things get worked out. It's actually a good deal for many with fiat only or small claims as in many respects, you get settled at or near the full amount you would have gotten back due to the small sum payment. \n\nBut let's look at the numbers a little closer for those that have BTC.\n\nPer the [/u/jangrewe](https://www.reddit.com/u/jangrewe/), who referred us to footnote n°4 of the doc: BTC rate 749,313.83 yen + BCH rate 97,481.19 = 846,795.02 JPY or about 8170 USD. If we use the 21% early/fast settlement that works out to be: \n\n1BTC = 8170\\*0.21 = $1715\n\nThe numbers on OZ (again, which are a best guess estimate derived from the published financials), show (using todays BTC/BCH value or 36613.36 and 480 respectively) of $5,966.92. \n\nThis means that for your 1 BTC which would have been worth 36613.36 you are getting 1715 under the 21% plan or \\~ 4.68%\n\nThis number is actually lower than the offers from Fortress, meaning more may be incentivized to take the Fortress offer, thus giving them more voting rights to control this process.\n\nJust my 2 cents and stirring the pot. I think there is a lot to think about in the wake of these other parties dipping their hands into our business.", 'https://www.reddit.com/r/mtgoxinsolvency/comments/ky7exa/why_21_is_actually_only_468/', 'ky7exa', [['u/nighcry', 11, '2021-01-16 02:48', 'https://www.reddit.com/r/mtgoxinsolvency/comments/ky7exa/why_21_is_actually_only_468/gjer8m9/', 'Yes that\'s why the draf for rehabiliation sucks and no one with 2 brain cells (unless super desparate for $) will ever go for that "early payment". People here don\'t wana be screwed by another set of assholes, so I think most will just wait to get their BTC back .', 'ky7exa'], ['u/thondera', 11, '2021-01-16 16:10', 'https://www.reddit.com/r/mtgoxinsolvency/comments/ky7exa/why_21_is_actually_only_468/gjgs3h9/', 'This is wrong.\n\nIf you request BTC/BCH payment, it will be made in a mix of crypto and fiat, and the proportion will be determined by the Trustee. For example, 90% in crypto, 10% in Fiat - and the same proportion applies to both Early and Final payments. The amount of bitcoin to be paid out will be calculated using the same legacy reference exchange rate, so the price of bitcoin over time will not affect the payout.\n\nThe 21% payout should be calculated like this, for a 100 BTC claim, assuming 90% of your claim can be paid in crypto (50% BTC, 50% BCH):\n\n21% \\* 100 \\* 846795.02 = 17782695.4\n\n90% \\* 17782695.4 = 16004425.9\n\n50% \\* 16004425.9 = 8002212.95\n\nYou receive:\n\n8002212.95 / 749313.83 = 10.6793878 (BTC)\n\n8002212.95 / 97481.19 = 82.089816 (BCH)\n\n10% \\* 17782695.4 = 1778269.54 (JPY) \n\nBased on current rates (BTC/USD 37,000 ; BCH/USD 500 ; JPY/USD 0,0096)\n\n10.6793878 \\* 37000 = 395137.349 (USD)\n\n82.089816 \\* 500 = 41044.908 (USD)\n\n1778269.54 \\* 0.0096 = 17071.3876 (USD)\n\nTotal received: USD 453,253.65 \n\nTotal claimed (100 BTC): USD 3,700,000\n\n% recovered: 12,25%\n\n&amp;#x200B;\n\nTo calculate % recovered using the Final Payment, you can repeat the same process using 26,9% instead of 21%. \n\nWhy 26,9% - fiat claims are paid upfront in full. Final rate is basically the amount of leftover crypto and fiat assets divided by all crypto claims. \n\nWhy 90% payout in crypto - this is the proportion of crypto value to the entire balance sheet after fiat claims have been paid in full, using legacy BTC/BCH rates.', 'ky7exa']]], ['u/wingsofthygiant', 'Monero has won a special place in my heart (and my portfolio)', 259, '2021-01-16 01:06', 'https://www.reddit.com/r/Monero/comments/ky7fuu/monero_has_won_a_special_place_in_my_heart_and_my/', 'I never had the desire to own private coins, until one day I was paying for a service with Bitcoin, and the guy straight up told me to “donate” to him because I had “plenty of Bitcoin to share” it got to the point where I had to block him and never ever do any other transaction with the company.\n\nThis made me realize that literally anyone can just poke into my account and following the transaction trail. They can more or l... 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 to USD, fell by 1.91% on Saturday. Following on from a 6.15% slide on Friday, Bitcoin ended the day at $36,041.0. It was a mixed start to the day. Bitcoin fell to an early morning low $35,551.0 before making a move. Steering clear of the major support levels, Bitcoin rose to a late morning intraday high $37,997.0. Falling short of the first major resistance level at $39,461, Bitcoin slid to a late intraday low $35,418.0. Steering clear of the first major support level at $34,260, Bitcoin moved back through to $36,000 levels to reduce the deficit on the day. The near-term bullish trend remained intact, in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Polkadot surged by 39.53% to lead the way. Cardano’s ADA (+16.05%) and Crypto.com Coin (+15.91%) also found strong support. Binance Coin (+5.28%) and Ethereum (+4.97%) trailed the front runners. It was a bearish day for the rest of the pack. Chainlink slid by -3.24% to lead the way down. Bitcoin Cash SV (-0.21%), Litecoin (-0.17%), and Ripple’s XRP (-0.36%) saw modest losses on the day. In the current week, the crypto total market cap fell to a Monday low $804.97bn before rising to a Thursday high $1,083.27bn. At the time of writing, the total market cap stood at $1,004.03bn. Bitcoin’s dominance rose to a Thursday high 70.28% before falling to a Saturday low 66.73%. At the time of writing, Bitcoin’s dominance stood at 67.26%. This Morning At the time of writing, Bitcoin was up by 0.47% to $36,211.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,565.0 before striking a high $36,348.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-2.05%), Crypto.com Coin (+2.27%), Ethereum (-0.19%), and Polkadot (-0.52%) struggled early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.87% to lead the way, with Binance Coin up by 2.22%. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $36,485 to bring the first major resistance level at $37,553 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring an extended crypto rally, first major resistance level and Saturday’s high $37,997.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $39,064. Failure to move through the $36,485 pivot would bring the first major support level at $34,974 into play. Barring an extended crypto sell-off, Bitcoin should continue to steer clear of the second major support level at $33,906 and the 23.6% FIB of $33,008. This article was originally posted on FX Empire More From FXEMPIRE: US Stock Market Overview – Stocks Close Lower; Led Down by Energy; Retail Sales Disappoints The Crypto Daily – Movers and Shakers – January 16th, 2021 S&P 500 Weekly Price Forecast – Stock Markets Pull Back From Highs Crude Oil Weekly Price Forecast – Crude Oil Shows Signs of Exhaustion The Weekly Wrap – COVID-19, Economic Data, and U.S Stimulus Weigh on Riskier Assets The Week Ahead – U.S Politics, Monetary Policy, Economic Data, and COVID-19 in Focus', 'Bitcoin, BTC to USD, fell by 1.91% on Saturday. Following on from a 6.15% slide on Friday, Bitcoin ended the day at $36,041.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $35,551.0 before making a move.\nSteering clear of the major support levels, Bitcoin rose to a late morning intraday high $37,997.0.\nFalling short of the first major resistance level at $39,461, Bitcoin slid to a late intraday low $35,418.0.\nSteering clear of the first major support level at $34,260, Bitcoin moved back through to $36,000 levels to reduce the deficit on the day.\nThe near-term bullish trend remained intact, in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nPolkadot surged by 39.53% to lead the way.\nCardano’s ADA(+16.05%) andCrypto.com Coin(+15.91%) also found strong support.\nBinance Coin(+5.28%) andEthereum(+4.97%) trailed the front runners.\nIt was a bearish day for the rest of the pack.\nChainlinkslid by -3.24% to lead the way down.\nBitcoin Cash SV(-0.21%),Litecoin(-0.17%), andRipple’s XRP(-0.36%) saw modest losses on the day.\nIn the current week, the crypto total market cap fell to a Monday low $804.97bn before rising to a Thursday high $1,083.27bn. At the time of writing, the total market cap stood at $1,004.03bn.\nBitcoin’s dominance rose to a Thursday high 70.28% before falling to a Saturday low 66.73%. At the time of writing, Bitcoin’s dominance stood at 67.26%.\nAt the time of writing, Bitcoin was up by 0.47% to $36,211.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,565.0 before striking a high $36,348.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (-2.05%), Crypto.com Coin (+2.27%), Ethereum (-0.19%), and Polkadot (-0.52%) struggled early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 2.87% to lead the way, with Binance Coin up by 2.22%.\nBitcoin would need to move through the pivot level at $36,485 to bring the first major resistance level at $37,553 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring an extended crypto rally, first major resistance level and Saturday’s high $37,997.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $39,064.\nFailure to move through the $36,485 pivot would bring the first major support level at $34,974 into play.\nBarring an extended crypto sell-off, Bitcoin should continue to steer clear of the second major support level at $33,906 and the 23.6% FIB of $33,008.\nThisarticlewas originally posted on FX Empire\n• US Stock Market Overview – Stocks Close Lower; Led Down by Energy; Retail Sales Disappoints\n• The Crypto Daily – Movers and Shakers – January 16th, 2021\n• S&P 500 Weekly Price Forecast – Stock Markets Pull Back From Highs\n• Crude Oil Weekly Price Forecast – Crude Oil Shows Signs of Exhaustion\n• The Weekly Wrap – COVID-19, Economic Data, and U.S Stimulus Weigh on Riskier Assets\n• The Week Ahead – U.S Politics, Monetary Policy, Economic Data, and COVID-19 in Focus', "Fintech has been a venture capital hotspot ever since the global financial crisis, a calamity that exposed some serious flaws in an industry long dominated by an upper-crust of traditional names.In the ensuing years, a host of new companies pitching upstart technologies have begun to gain ground on the establishment, winning over converts among both users and investors. And this week made it clear just how far some of those companies have come.An eye-popping IPO from Affirm led the way, but more than a half-dozen other fintech startups also made major news. And that's one of 10 things you need to know from the past week:Max Levchin, who co-founded PayPal and now leads Affirm, is no stranger to the power of fintech. (Neilson Barnard/Getty Images)1. Money talks Affirm tried its best to avoid a huge IPO pop that would leave money on the table. First, the provider of point-of-sale loans delayed its listing in December, in the wake of intense investor demand when Airbnb and DoorDash went public. (Let's take a moment to appreciate the strangeness of a company being worried its stock might be too popular.) Then, earlier this month, Affirm increased its IPO's initial price range of $33 to $38 per share to a new range of $41 to $44. Ultimately, it priced its shares even higher, landing on a $49 figure for a debut this Wednesday.And yet Affirm still opened trading at more than $90 per share and closed its first day at $96.36, up nearly 100% from that already-elevated IPO price. That resulted in a market cap of some $23 billion for Affirm, which was valued privately at $2.9 billion in 2019.The banner debut is a sign that the IPO market is still going crazy—more on that later in this newsletter. As my colleague James Thorne writes, it could be the first ofmany significant fintech IPOs to comein 2021, along with names like SoFi, Coinbase and Robinhood. Globally, there were $30.9 billion worth of VC exits in the fintech sector during 2020, according to PitchBook data, the highest total of at least the past decade.Taken in the context of the past seven days, Affirm's warm reception also underlines just how bullish investors are feeling about the future of fintech.Checkout.com, a London-based developer of payments technology, became the most valuable venture-backed company in Europe this week with a $450 million Series C that cameat a $15 billion valuation. In Singapore, ridehailing and food delivery giant Grab raised more than $300 million this week for its fintech unit.Financial data specialist MX, payments provider Rapyd and digital lending startup Blend all raised nine-figure fundings this week, resulting in respective valuations of $1.9 billion, $2.5 billion and $3.3 billion. For MX, that marks a 322% valuation step-up over its most-recent venture round, in 2019. For Rapyd, it is a 108% step-up in a little more than a year. And for Blend, it represents a 94% valuation increase in a mere five months.Plaid is one of the biggest VC-backed names in fintech, known for its financial infrastructure tools that connect data to vario **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: 2021-01-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $678,349,691,659 - Hash Rate: 136245242.59745187 - Transaction Count: 271874.0 - Unique Addresses: 642730.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Hello and welcome back toEquity, TechCrunch’s venture-capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. For the first time in donkey's years, we didn't have our full crew this week. Instead, we had justNatashaandChrisandmyself-- we had to survive withoutDannywhile he took the week "off" to "relax." But our depleted ranks did not mean that news was waiting for us to reassemble. Indeed, there was a mass of stuff to get through: • Atlanta-based Pressoraised $1.6 millionfor its in-unit dry cleaning tech, which we thought was neat. • OpenSensorsraised $4 millionfor its air-monitoring tech after a history of bootstrapping. • Lantern, which helps folks plan for their death, is having a big year. Itraised $1.4 million. • Publicraised $65 million, the same week thatRobinhood came under fireby the Massachusetts securities group, and the SEC. Robinhood will pay $65 million to settle the SEC's charges without admitting wrongdoing. • In the world of product, we chatted aboutSubstack's new Reader service, which we seem to like. (We also chatted aboutthisTaylor Lorenz piece.) • It was also prime season to chat a little aboutwhat's new in the Bitcoin world, and take a peek at the stock market's recent over-success. Roblox, see you in 2021. And for everyone who made it to the end, here are the piecesfrom Axiosand The Informationthat we mentioned. Before we say goodbye, our very own Natasha is taking onStartups Weekly, a long-time TechCrunch Newsletter.Subscribeto it for her debut issue, and while you're at it, check out Alex'sThe Exchange,which goes out the same day and means the Equity conversation can continue well into your weekends. Equity drops every Monday at 7:00 a.m. PST and Thursday afternoon as fast as we can get it out, so subscribe to us onApple Podcasts,Overcast,Spotifyand all the casts.... - 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, BTC to USD, slipped by 0.38% on Sunday. Following on from a 1.91% fall on Saturday, Bitcoin ended the week down by 6.02% to $35,900.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $36,928.0 before hitting reverse.\nFalling short of the first major resistance level at $37,553, Bitcoin slid to a late morning intraday low $33,868.0.\nBitcoin fell through the first major support level at $34,974 and the second major support level at $33,906.\nSteering clear of the 23.6% FIB of $33,008, Bitcoin revisited $36,900 levels before falling back to sub-$36,000 levels.\nThe near-term bullish trend remained intact, in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Sunday.\nChainlinkjumped by 15.8% to lead the way, withBinance CoinandCardano’s ADArallying by 6.38% and by 8.64% respectively.Ethereumalso avoided the red, rising by a modest 0.43%.\nIt was a bearish day for the rest of the pack.\nBitcoin Cash SVand Polkadot led the way down, with losses of 3.42% and 4.67% respectively.\nCrypto.com Coin(-0.63%),Litecoin(-0.54%), andRipple’s XRP(-0.68%) saw modest losses on the day.\nFor the week ending 17thJanuary, it was also a mixed bag for the majors.\nPolkadot surged by 95.6% to lead the way, with Chainlink jumping by 46.2%.\nCardano’s ADA also found strong support, rallying by 26.3%, with Binance Coin rising by 7.99%.\nIt was a bearish week for the rest of the pack, however.\nBitcoin Cash SV slid by 21.9% to lead the way down.\nLitecoin and Ripple’s XRP also struggled, sliding by 16.1% and by 12.0% respectively.\nCrypto.com Coin and Ethereum saw relatively modest losses of 2.7% and 1.8% respectively.\nIn the week, the crypto total market cap fell to a Monday low $803.97bn before rising to a Thursday high $1,083.27bn. At the time of writing, the total market cap stood at $1,002.00bn.\nBitcoin’s dominance rose to a Thursday high 70.28% before falling to a Sunday low 66.33%. At the time of writing, Bitcoin’s dominance stood at 66.68%.\nAt the time of writing, Bitcoin was up by 0.33% to $36,018.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,630.0 before striking a high $36,071.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (-0.28%), Chainlink (-0.21%), and Ripple’s XRP (-0.03%) saw red early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 3.08% to lead the way, with Binance Coin up by 2.07%.\nBitcoin would need to avoid a fall through the pivot level at $35,565 to bring the first major resistance level at $37,263 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring an extended crypto rally, first major resistance level and resistance at $37,500 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,625.\nFailure to avoid a fall through the $35,565 pivot would bring the first major support level at $34,203 into play.\nBarring another extended crypto sell-off, Bitcoin should steer clear of the second major support level at $32,505. The 23.6% FIB of $33,008 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• COVID-19 Vaccine Update – Brazil and India Look to Ramp up Vaccinations\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Potential for Steep Break Under 30233\n• The Crypto Daily – Movers and Shakers – January 18th, 2021\n• Darkest Before Dawn\n• Gold Sheared, Silver Smeared\n• U.S. Dollar Index (DX) Futures Technical Analysis – Buyers Facing Major Resistance at 90.950 to 91.370', 'Bitcoin , BTC to USD, slipped by 0.38% on Sunday. Following on from a 1.91% fall on Saturday, Bitcoin ended the week down by 6.02% to $35,900.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $36,928.0 before hitting reverse. Falling short of the first major resistance level at $37,553, Bitcoin slid to a late morning intraday low $33,868.0. Bitcoin fell through the first major support level at $34,974 and the second major support level at $33,906. Steering clear of the 23.6% FIB of $33,008, Bitcoin revisited $36,900 levels before falling back to sub-$36,000 levels. The near-term bullish trend remained intact, in spite of the latest reversal. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Sunday. Chainlink jumped by 15.8% to lead the way, with Binance Coin and Cardano’s ADA rallying by 6.38% and by 8.64% respectively. Ethereum also avoided the red, rising by a modest 0.43%. It was a bearish day for the rest of the pack. Bitcoin Cash SV and Polkadot led the way down, with losses of 3.42% and 4.67% respectively. Crypto.com Coin (-0.63%), Litecoin (-0.54%), and Ripple’s XRP (-0.68%) saw modest losses on the day. For the week ending 17 th January, it was also a mixed bag for the majors. Polkadot surged by 95.6% to lead the way, with Chainlink jumping by 46.2%. Cardano’s ADA also found strong support, rallying by 26.3%, with Binance Coin rising by 7.99%. It was a bearish week for the rest of the pack, however. Bitcoin Cash SV slid by 21.9% to lead the way down. Litecoin and Ripple’s XRP also struggled, sliding by 16.1% and by 12.0% respectively. Crypto.com Coin and Ethereum saw relatively modest losses of 2.7% and 1.8% respectively. In the week, the crypto total market cap fell to a Monday low $803.97bn before rising to a Thursday high $1,083.27bn. At the time of writing, the total market cap stood at $1,002.00bn. Story continues Bitcoin’s dominance rose to a Thursday high 70.28% before falling to a Sunday low 66.33%. At the time of writing, Bitcoin’s dominance stood at 66.68%. This Morning At the time of writing, Bitcoin was up by 0.33% to $36,018.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,630.0 before striking a high $36,071.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.28%), Chainlink (-0.21%), and Ripple’s XRP (-0.03%) saw red early on. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 3.08% to lead the way, with Binance Coin up by 2.07%. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $35,565 to bring the first major resistance level at $37,263 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring an extended crypto rally, first major resistance level and resistance at $37,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,625. Failure to avoid a fall through the $35,565 pivot would bring the first major support level at $34,203 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of the second major support level at $32,505. The 23.6% FIB of $33,008 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: COVID-19 Vaccine Update – Brazil and India Look to Ramp up Vaccinations E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Potential for Steep Break Under 30233 The Crypto Daily – Movers and Shakers – January 18th, 2021 Darkest Before Dawn Gold Sheared, Silver Smeared U.S. Dollar Index (DX) Futures Technical Analysis – Buyers Facing Major Resistance at 90.950 to 91.370', 'Bitcoin, BTC to USD, fell by 6.02% in the week ending 17thJanuary. Partially reversing a 15.8% rally from the previous week, Bitcoin ended the week at $35,900.0.\nA bearish start to the week saw Bitcoin tumble to a Monday intraweek low $30,635.0 before finding support.\nBitcoin fell through the 23.6% FIB of $33,008 to come within range of the first major support level at $30,504.\nAfter another bearish day on Tuesday, Bitcoin rallied to a Wednesday intraweek high $40,001.0 before hitting reverse.\nWhile falling well short of the first major resistance level at $43,933, Bitcoin broke back through the 23.6% FIB of $33,008.\nA bearish end to the week, however, saw Bitcoin revisit sub-$34,000 levels before wrapping up the week at $35,900 levels.\n5 days in the red that included an 7.31% tumble on Monday and a 6.12% slide on Friday delivered the downside.\nBitcoin would need to avoid a fall through $35,512 pivot to support a run the first major resistance level at $40,389.\nSupport from the broader market would be needed for Bitcoin to break back through to $40,000 levels.\nBarring an extended crypto rally, resistance at last week’s high $40,001 would likely cap any upside.\nIn the event of an extended breakout, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $44,878.\nFailure to avoid a fall through the $35,512 pivot would bring the 23.6% FIB of $33,008 and the first major support level at $31,023 into play.\nBarring an extended sell-off, however, Bitcoin should steer clear of sub-$30,000 support levels and the 38.2% FIB of $27,465. The second major support level sits at $26,146.\nAt the time of writing, Bitcoin was up by 0.28% to $35,999.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $35,630.0 before rising to a high $36,244.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nChainlinksurged by 43.53% in the week ending 17thJanuary. Following on from an 18.11% gain from the week pr **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: 2021-01-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $678,349,691,659 - Hash Rate: 148538046.440831 - Transaction Count: 313816.0 - Unique Addresses: 720228.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Lewis Krauskopf NEW YORK (Reuters) - The U.S. stock market is mostly unfazed by the political turmoil in Washington and fears of violence ahead of President-elect Joe Biden’s inauguration, with investors squarely focused on the probability of another sizeable stimulus package to boost economic growth and the rollout of coronavirus vaccines. The benchmark S&P 500 index stands near record highs while bond yields have rallied to their highest levels since the pandemic began, despite last week's shocking assault on the U.S. Capitol by supporters of President Donald Trump - an apparent divergence between the political and economic realities on the ground and market valuations. With Trump's presidency due to end on Jan. 20, investors say they are looking ahead to the trillions of dollars of additional stimulus promised by President-elect Joe Biden and his fellow Democrats, who will soon control both chambers of Congress, and what it would mean for economic growth and corporate profits. "It’s a market that actually says, 'We are investing for 2021 and we see explosive economic growth in the back half of this year,'" said Art Hogan, chief market strategist at National Securities. "Because the market is a forward pricing mechanism, it frustrates the people that are watching the news in the here and now." Still, some investors wonder whether the market has gotten ahead of itself in a rally that has seen the S&P 500 surge more than 60% from its March lows. Rising Treasury yields threaten to dent the allure of stocks, which are trading near their highest valuations in 20 years, while the Federal Reserve could accelerate the timing of interest rate hikes if the recovery proves stronger than expected. Among the investors that have recently expressed concern are Jeremy Grantham of money manager GMO, who said earlier this month that the stock rally "has finally matured into a fully-fledged epic bubble." Bond giant PIMCO was more circumspect, predicting on Tuesday that the U.S. economy could rebound to pre-recession levels later this year but pointing out a bevy of risks, including a sooner-than-expected withdrawal of fiscal stimulus. Meanwhile, regulation concerns loom over the big technology and internet stocks that account for more than 15% of the S&P 500, and wild rides in the shares of electric car maker Tesla and cryptocurrency Bitcoin are bolstering the case for those who argue markets have entered a bubble. As markets have climbed, some investors have been in sell mode: Net outflows in equities totaled $2.4 billion last week, coming on the heels of near-record withdrawals a week before, client data from BofA Global Research showed. "Flows suggest clients may be cautious to add more equity exposure given index highs and extended valuations," BofA Global Research said in a note on Tuesday. Doubts about the rally's sustainability were a periodic feature of the decade-long bull market that followed the 2007-2009 recession and figured prominently in last year’s rebound, when many analysts and investors were struck by the dissonance presented by surging stock prices and the human and economic misery brought by the pandemic. HIGH VALUATIONS More recently, the market has looked past the Jan. 6 storming of the Capitol and the subsequent push by Democrats to remove Trump from office, with the S&P 500 rising 2% over the past week. Should more political unrest occur around Biden's inauguration, investors have said they expect any associated market volatility to be temporary. Upcoming corporate earnings reports may need to be strong to support stock valuations. The S&P 500 trades at 22.7 times future earnings estimates, well above its long-term average of 15.3, according to Refinitiv Datastream. So far, that's what's expected. Earnings for S&P 500 companies are expected to rise nearly 24% in 2021 after falling 15% last year, according to IBES data from Refinitiv. "I'm not concerned because I think market valuations are reflecting a quicker rebound in profitability than folks thought was possible in the spring," Fed Vice Chair Richard Clarida said on Friday. Low interest rates and Treasury yields, which keep borrowing costs attractive for companies and help make equities relatively more attractive in comparison with bonds, have provided another rationale for the high valuations. However, the yield on the benchmark 10-year Treasury note has risen recently, climbing to around 1.11% from 0.78% about two months ago. While that increase supported interest rate-sensitive stocks such as banks, a sharp rise in yields could hit stocks, particularly those with longer-duration cash flows such as tech and growth stocks.At the same time, markets are starting to push up bets on when the U.S. central bank could tighten monetary policy, with eurodollar futures contract prices reflecting growing odds that a rate hike could happen as early as June 2023, roughly three months earlier than was priced in a week ago. "On a 12-month horizon, we would advise investors to be overweight equities, but for shorter-term positions right now we are more neutral," said Erik Knutzen, multi-asset class chief investment officer at Neuberger Berman. (Reporting by Lewis Krauskopf; Editing by Ira Iosebashvili, Megan Davies and Paul Simao)... - Reddit Posts (Sample): [['u/covalent5', 'Bitcoin Core 0.21.0 Tor V3', 23, '2021-01-18 00:12', 'https://www.reddit.com/r/Bitcoin/comments/kzhhgk/bitcoin_core_0210_tor_v3/', 'After upgrading to 0.21.0 my node cannot establish any inbound connections. I am running behind Tor as before. The only difference is that the address broadcasted is V3. \n\nI know that there is no backwards compatibility when it comes to address recognition but I can’t believe I am the only one running Tor V3. \n\nDoes anyone experience the same issue? It’s been more then 24 hours of uptime.', 'https://www.reddit.com/r/Bitcoin/comments/kzhhgk/bitcoin_core_0210_tor_v3/', 'kzhhgk', [['u/nullc', 13, '2021-01-18 00:28', 'https://www.reddit.com/r/Bitcoin/comments/kzhhgk/bitcoin_core_0210_tor_v3/gjnviv2/', "There just aren't that many v3 using nodes yet. The ones that exist are also happily connected to other people at this time. Tor v3 addr announcements are also only forwarded by 0.21 nodes, so it can take a while for knowledge of your node to propagate, manually addnoding a v3 peer can help speed that up.\n\nI would have been nice for this to get rolled out a little slower (e.g. by enabling address relay a release ahead of using it), unfortunately tor will be totally dropping v2 support a few months from now.", 'kzhhgk']]], ['u/haddock420', 'If bitcoin ever hits $2 million, the richest bitcoin wallet owners would start entering the Forbes Richest 100 list.', 130, '2021-01-18 00:22', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/', "There are over 100 wallets with over 10,000 BTC ([source](https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)). If the bitcoin price were to reach $2 million, each of those wallets would hold over $20 billion worth of bitcoin.\n\nAccording to the Forbes Richest 100 list, the 100th richest person in the list is worth $18.6 billion ([source](https://www.forbes.com/real-time-billionaires/#1eecd0e23d78)).\n\nAssuming some of those top 100 wallets belong to individuals who still have access to their coins, if bitcoin were to hit a price of $2 million, those individuals would be rich enough to be on the Forbes 100 list, just from their bitcoin holdings alone.\n\nJust a thought I had, thought I'd share.", 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/', 'kzhnz7', [['u/dknisle1', 56, '2021-01-18 00:29', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjnvpin/', 'If btc ever hits 2 million, it’s gonna make tooooons of people millionaires', 'kzhnz7'], ['u/nullc', 75, '2021-01-18 00:36', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjnwffk/', 'Most of those single large "wallets" are exchanges not persons. But addresses aren\'t wallets. Most individual users have their funds spread across many addresses, because thats how Bitcoin works.', 'kzhnz7'], ['u/ActPrestigious4818', 99, '2021-01-18 01:05', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjnzu9u/', 'If bitcoin hits 2 million by 2030 i will eat my own dick and post it on here.', 'kzhnz7'], ['u/GhostMadara', 13, '2021-01-18 01:16', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo11rj/', 'In 5 years. Id like for it to happen tomorrow so i dont need to work.', 'kzhnz7'], ['u/Syncopat3d', 10, '2021-01-18 01:30', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo2m5y/', 'Some of these wallets are owned by organizations, not people. Even if there are people owning these wallets, many of them may not even want to be recognized in Forbes for owning a lot of bitcoin and Forbes (the organization) may have a hard time tracking them down. Being on Forbes for BTC wealth is like having a huge red target on your back. People who get wealthy doing public things (e.g. owning big companies) have no choice. People who get wealthy from HODLing have a choice.', 'kzhnz7'], ['u/safehodl', 15, '2021-01-18 01:55', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo5je6/', "If bitcoin hits $2M, it's likely people have fled currencies and bonds and bid up assets, making the Forbes Richest richer.", 'kzhnz7'], ['u/ElephantGlue', 25, '2021-01-18 02:08', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo70mr/', 'You’d think so, but you’re overestimating a bit IMO.\n\nIt’s likely there would be less than 7 or 8 million people in the world controlling more than .5 bitcoin based on the Pareto distribution of wealth.\n\nWhen that happens in 5-10 years, 1 million in usd will likely be much less impressive than it seems it is today.', 'kzhnz7'], ['u/wwmore11', 12, '2021-01-18 02:08', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo70ym/', 'If bitcoin ever hits 2 million you’ll be living in a mad max reality with a failed global economy. Fun times!', 'kzhnz7'], ['u/Modrew', 38, '2021-01-18 02:09', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo756v/', 'If my grandma had wheels she would’ve been a bike..', 'kzhnz7'], ['u/bearCatBird', 18, '2021-01-18 02:24', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo8v5a/', 'Good luck selling all those houses to poor millenials. \n\n"asset" \n\nbwahahahahahahaha', 'kzhnz7'], ['u/bearCatBird', 15, '2021-01-18 02:25', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo8xxy/', "I'm calling bullshit. \n\nYou can't post a dick once it's already been eaten.", 'kzhnz7'], ['u/bearCatBird', 14, '2021-01-18 02:25', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo90ao/', '$2 million by 2028.', 'kzhnz7'], ['u/bearCatBird', 14, '2021-01-18 02:27', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo98va/', "In this make believe mad max future, are people afraid to leave their homes and wear masks for fear of a global pandemic and thugs run around the streets beating up people in red hats and burning down everything, and the news and your friends tell you it's a compassionate act?", 'kzhnz7'], ['u/bearCatBird', 26, '2021-01-18 02:28', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjo9aiq/', 'Not my proudest ride.', 'kzhnz7'], ['u/thanatosvn', 13, '2021-01-18 02:47', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjobfb1/', 'If Bitcoin hits $2 million, Satoshi Nakamoto would be the richest person on earth.\n\nIn fact, Satoshi would be the richest person on earth when BTC hits $200k.', 'kzhnz7'], ['u/fortunalex', 10, '2021-01-18 02:49', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjobmwu/', 'This guy fucks', 'kzhnz7'], ['u/panda_ball', 11, '2021-01-18 03:59', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjojonq/', 'Just need the millennials to sign their lives as wage slaves to banks for 30 years. They’re already 100k in debt after college, what’s another 30 years on top! ;)', 'kzhnz7'], ['u/DoubleUglyWhisperer', 12, '2021-01-18 04:05', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjokbm0/', "The way the Fed keeps printing money, an average middle class home in the suburbs will be a million in 5-10 years.\n\nMillionaire isn't nearly the status symbol it once was. Pretty much any middle class person in western countries becomes a millionaire as they near retirement. That is if they lived within their means, added consistently to their retirement account, and payed down their mortgage on their home.", 'kzhnz7'], ['u/godofpumpkins', 25, '2021-01-18 04:57', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjopn8z/', 'Most people sell on the way up. It would have to go from this to $2m overnight to make a bunch of people actually rich. Otherwise a bunch of folks are gonna buy themselves a fancy car or pay off some student loans or cover rent or whatever', 'kzhnz7'], ['u/gizram84', 21, '2021-01-18 05:08', 'https://www.reddit.com/r/Bitcoin/comments/kzhnz7/if_bitcoin_ever_hits_2_million_the_richest/gjoqrpq/', "Just having an asset worth over $1mm doesn't make you a millionaire. Most of those people are in $750k in debt for that house.", 'kzhnz7']]], ['u/Bycote', 'Barbell Investing', 33, '2021-01-18 01:24', 'https://www.reddit.com/r/wallstreetbets/comments/kzisdm/barbell_investing/', ' This is a thread to discuss Taleb\'s barbell investing idea, introduced in Chapter 13 of "The Black Swan."\n\nI\'m going to quote Taleb\'s description of the strategy here, which I believe is ok because he blatantly and purposefully makes all his books freely available via online pdf. \n\n*"If you know that you are vulnerable to prediction errors, and if you accept that most "risk measures" are flawed, because of the Black Swan, then your strategy is to be as hyperconservative* \n*and hyperaggressive as you can be instead of being mildly aggressive or conservative. Instead of putting your money in "medium risk" investments (how do you know it is medium risk? by listening to tenure-seeking "experts"?), you need to put a portion, say 85 to 90 percent, in extremely safe instruments, like Treasury bills—as safe a class of instruments as you can manage to find on this planet. The remaining 10 to 15 percent you put in extremely speculative bets, as leveraged as possible (like options), preferably venture capital-style portfolios. That way you do not depend on errors of risk management; no Black Swan can hurt you at all, beyond your "floor,"... 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:** ["In this article, we presented billionaire John Paulson's top 10 stock picks. Click to skip ahead and see Billionaire John Paulson's Top 5 Stock Picks . The investing guru billionaire John Paulson , who converted his hedge fund into a family office in 2020, has benefited from its bullish bets on gold and healthcare stocks in 2020 after seeing lackluster returns in the past few years. The founder of New York-based hedge fund Paulson & Co is famous for making $20 billion in profits for betting against the financial collapse in 2008. Although Paulson gained roughly $5 billion in 2010 on a bet on gold, its strategy of investing billions of dollars into gold markets negatively impacted its portfolio in the last decade. John Paulson founded Paulson & Co in 1994 and the hedge fund managed almost $36 billion of assets at its peak, but assets under management fell to $9 billion last year. The fund is currently managing almost $10 billion in assets under management and its 13F portfolio's value stood around $3.2 billion at the end of the September quarter. John Paulson seeks to invest for the long-term, with the average time held for the top ten stock stands around 10 quarters. The healthcare sector accounts for 44% of the overall portfolio, thanks to big stakes in Horizon Therapeutics and Bausch Health Companies. Investments in the basic material sector account for 24% of the 13F portfolio while communication services weighting stands just over 9%. Paulson & Co has also diversified its portfolio towards financial services, consumer cyclical, and real estate sectors. John PAULSON & CO John Paulson of Paulson & Co Paulson & Co is well known for investing in merger arbitrage, event-driven, and distressed assets. Prior to Paulson & Co, the investing guru worked as a managing director in mergers and acquisitions at Bear Stearns. He received a Master of Business Administration degree from Harvard Business School in 1980. While John Paulson's reputation remains intact, the same can’t be said of the hedge fund industry as a whole, as its reputation has been tarnished in the last decade during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 88 percentage points since March 2017 ( see the details here ). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 13% through November 16. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox. Story continues Let’s start reviewing billionaire John Paulson's top 10 stock picks to see whether one of the most prominent hedge fund manager’s long-running investments worked in 2020. 10. DISH Network Corporation (NASDAQ: DISH ) John Paulson's position in DISH Network Corporation (NASDAQ: DISH) underperformed in 2020 as shares of the pay-tv services provider fell close to 10% in the last twelve months. Unfortunately, DISH Network has lost almost half of its value since John Paulson’s hedge fund initiated a position during the first quarter of 2017. The company is currently working on expanding its wireless offerings. Consequently, it acquired wireless carrier Boost Mobile in 2020 and acquired more than 9 million retail wireless subscribers. DISH seeks to innovate in the wireless market, with the strategy of building the nation's first cloud-native, Open RAN-based 5G broadband network. Other hand funds are also bullish on DISH Network as it was in 60 hedge funds’ portfolios at the end of the third quarter of 2020 compared to the all-time high of 58. 9. Discovery, Inc. (NASDAQ: DISCK ) Paulson's position in Discovery, Inc. (NASDAQ: DISCK) also underperformed in the last twelve months despite a rally of 27% in the last month. The firm has initiated a position in Discovery in 2017, but shares of Discovery saw range-bound movement in the past three years. The latest rally in Discovery share price is supported by the company’s strategy of moving into the streaming services business. Discovery launched its streaming service Discovery+ this month, with a library of more than 55K shows. Andaz Private Investments, which posted a return of 14.6% in the first nine months of 2020, presented a bullish case for Discovery in an investor’s letter. Here’s what Andaz Private Investments stated : “Discovery is extremely undervalued and on a c.30% free cash flow yield. The company also believes its stock is extremely undervalued and is allocating half of that free cash into share buybacks. At a recent conference, they informed the market that they have successfully and significantly increased pricing in their recent Upfront (gathering of TV networks and advertisers). This will most likely result in greater profits and cash flow over the medium term. Discovery continues to gain share in the USA and Internationally.” 8. Viatris Inc. (NASDAQ: VTRS ) Viatris Inc. (NASDAQ: VTRS), which was formed as a result of a merger between Mylan and Pfizer's Upjohn, is the eighth largest stock holding of Paulson’s portfolio. Paulson's hedge fund was the long-running shareholder of Mylan prior to the merger agreement. After a strong share price rally in December, shares of Viatris plunged in 2021 due to a conservative outlook and a longer than expected delay in dividend announcement. The management expects flat revenue for 2021 and described the year as ‘trough’. The management also announced to initiate dividends during the second half of 2021. Previously, the company has announced to initiate dividends after the full quarter following the closure of the merger. 7. AngloGold Ashanti Limited (NYSE: AU ) Shares of AngloGold Ashanti Limited (NYSE: AU) also underperformed in the last twelve months despite a strong rally during the second and third quarter of 2020. The firm has initiated a position in AngloGold in 2009 and it currently accounts for 5.73% of the overall portfolio. AngloGold Ashanti is among the biggest gold mining companies in the world and it operates 14 mines and three projects in nine countries. The gold price has been under pressure over the past few months after hitting an all-time high in July 2020. Consequently, the AngloGold share price fell almost 30% in the last six months. Despite that, the company believes they are in a position to offer hefty dividends to shareholders. 6. Takeda Pharmaceutical Company Limited (NYSE: TAK ) Shares of Takeda Pharmaceutical Company Limited (NYSE: TAK) fell 12% in the last twelve months. Paulson & Co has been holding a stake in Takeda since the first quarter of 2019. It is the sixth-largest stock holding of Paulson’s 13F portfolio, accounting for 6.28% of the portfolio. Despite the sluggish stock performance, the company offers a dividend yield of almost 5%. In addition, it expects revenue to hit $50 billion levels in 2030, up 50% from its 2019 revenue. The company believes its Wave 1 pipeline, which includes 12 new molecules targeted for launch by FY2024, will help in generating the majority of revenues in the years ahead. The company is currently working on an assets divestiture program to streamline its businesses according to future growth strategies. Takeda exceeded its $10 billion non-core asset divestiture target during the first half of 2020. The company plans to use proceeds for debt reduction and investments in growth opportunities. Click to continue reading and see Billionaire John Paulson's Top 5 Stock Picks . Suggested articles: 10 Best Hydrogen Fuel Cell Stocks To Buy Now 10 Best Mid-Cap Stocks To Buy According To Billionaire Brian Higgins Billionaire Louis Bacon Shuns Bitcoin, Returns 70% By Betting On These Stocks Disclosure: No Position. The article Billionaire John Paulson's Top 10 Stock Picks is originally published on Insider Monkey. Follow Insider Monkey on Twitter .", "In this article, we presented billionaire John Paulson's top 10 stock picks. Click to skip ahead and seeBillionaire John Paulson's Top 5 Stock Picks.\nThe investing guru billionaireJohn Paulson, who converted his hedge fund into a family office in 2020, has benefited from its bullish bets on gold and healthcare stocks in 2020 after seeing lackluster returns in the past few years. The founder of New York-based hedge fund Paulson & Co is famous for making $20 billion in profits for betting against the financial collapse in 2008. Although Paulson gained roughly $5 billion in 2010 on a bet on gold, its strategy of investing billions of dollars into gold markets negatively impacted its portfolio in the last decade.\nJohn Paulson founded Paulson & Co in 1994 and the hedge fund managed almost $36 billion of assets at its peak, but assets under management fell to $9 billion last year. The fund is currently managing almost $10 billion in assets under management and its 13F portfolio's value stood around $3.2 billion at the end of the September quarter.\nJohn Paulson seeks to invest for the long-term, with the average time held for the top ten stock stands around 10 quarters. The healthcare sector accounts for 44% of the overall portfolio, thanks to big stakes in Horizon Therapeutics and Bausch Health Companies. Investments in the basic material sector account for 24% of the 13F portfolio while communication services weighting stands just over 9%. Paulson & Co has also diversified its portfolio towards financial services, consumer cyclical, and real estate sectors.\nJohn Paulson of Paulson & Co\nPaulson & Co is well known for investing in merger arbitrage, event-driven, and distressed assets. Prior to Paulson & Co, the investing guru worked as a managing director in mergers and acquisitions at Bear Stearns. He received a Master of Business Administration degree from Harvard Business School in 1980.\ **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: 2021-01-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $689,818,776,797 - Hash Rate: 152635647.72195736 - Transaction Count: 325083.0 - Unique Addresses: 757920.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's(BTC) massive rally in the recent months could see further support as institutional investors battle with FOMO, or the "fear of missing out," according to PwC’s Hong Kong-based Global Crypto Leader Henri Arslanian. What Happened:Bitcoinhas been on a rally since July, even though the momentum is staggered in the $19,000 levels of late. While many draw correlations between Bitcoin’s four-fold growth from March lows and the pandemic fueled market rally, others see the cryptocurrency as an alternative asset to gold. In 2017, Bitcoin peaked at $20,000 post, which led to a free-fall. The rally then was primarily fueled by a retail-investor frenzy. According toBloomberg, JPMorgan analysts seeGrayscale Bitcoin Investment Trust(OTC:GBTC) as a window for institutional investments in Bitcoin, which will push the demand for the apex cryptocurrency beyond retail purchases by millennials. “The multitude of regulated crypto exchanges and custodians has eliminated the career risk for institutional investors. In 2017, there was retail FOMO," Arslanian said in an interview. "The question is whether we will see institutional FOMO in 2021.” Why It Matters:Traditional banks have trailed fintech firms in terms of growth and embracing new technologies. Fintech firms’ foray in cryptocurrency — likeMicrostrategy Incorporated(NASDAQ:MSTR) buying anothermillion worthof Bitcoin, Jack Dorsey-ledSquare Inc’s(NYSE:SQ)million investmentin Bitcoin and its offerings through Cash App, orPaypal Holdings Inc’s(NASDAQ:PYPL) allowing users to buy, hold, or sellcryptocurrency— suggest that the new-age companies are prepared for a change in financial dynamics if that happens. JPMorgan Chase & Co.(NYSE:JPM), which has publicly criticized the volatile nature of Bitcoin earlier,launchedits own virtual currency this year. Graysscale's Bitcoin and Ethereum trusts sawrecord average daily trading volume in November, as its Bitcoin assets increased five-fold from $2 billion in December last year to $10 billion today. As per Bloomberg, hedge funds accounted for 81% of the money coming in. “Institutional investors are keen on portfolio construction in the wake of COVID-19, and the ways they need to reposition themselves given how governments have injected stimulus into the system,” Michael Sonnenshein, managing director of Grayscale Investments, said. Arslanian expects increased pressure on asset managers to consider Bitcoin as part of portfolio construction as investors become comfortable with it. Price Action:GBTC closed 3.25% lower at $23.22 on Friday, and ETHE closed 3.48% lower at $122.05. See Also:8 Stocks To Play Bitcoin's Resurgence Latest Ratings for GBTC [{"Feb 2018": "Jul 2015", "Buckingham": "Wedbush", "Initiates Coverage On": "Initiates Coverage on", "": "", "Sell": "Outperform"}] View More Analyst Ratings for GBTCView the Latest Analyst Ratings See more from Benzinga • Click here for options trades from Benzinga • Burger King, Wendy's Seek Bigger Slices Of The Indian Fast-Food Pie: Report • Tesla Bear Chanos Trims 'Painful' Short, Tells Musk 'Job Well Done So Far:' Bloomberg © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['Tesla Inc.(NASDAQ:TSLA) and Bitcoin (BTC) are more likely to see their values halved than doubled over the period of next 12 months, according to the majority of respondents in a Deutsche Bank survey published Tuesday.\nWhat Happened:Deutsche Bank surveyed 627 market professionals last week, with 89% of respondents saying they find some financial markets to be in the bubble territory, as firstreportedby CNBC.\n“When asked specifically about the 12 month fate of Bitcoin and Tesla — a stock emblematic of a potential tech bubble — a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,” Deutsche Bank said, as per CNBC.\nThe survey respondents rated Bitcoin 10 out of 10 on the bubble scale while U.S. tech stocks overall got a score of 7.9.\nNevertheless, Deutsche Bank noted that survey respondents see “easy monetary situations” as likely to continue through 2021 with the Federal Reserve unlikely to tighten monetary policy before the year is out.\nWhy It Matters:Bitcoin’s spectacular rally saw it hit an all-time high of $41,429.38 on Jan. 8 from trading below the $10,000 level in July last year.\nThe apex cryptocurrency has since cooled-off, trading at around $35,962 at press time.\nAccording to JPMorgan analysts,Bitcoin could crossthe $40,000 mark again in the coming weeks if investor interest inGrayscale Bitcoin Trust(OTC:GBTC) remains high. If that fails to happen, the cryptocurrency risks further crash.\nTesla too has seen a massive 700% over the trailing one-year period, with Elon Musk becoming the world’s richest person — overtakingAmazon.com Inc.’s(NASDAQ:AMZN) Jeff Bezos.\nNevertheless, the EV maker continues to inspire optimistic price targets from analysts, with Wedbush’s Daniel Ives giving abull case targetof $1,250.\nSee Also:Chasing Tesla, Major Tech Companies Team With Automakers To Enter EV Space\nPrice Action:Tesla stock closed 2.23% higher at $844.55 on Tuesday, and traded about 0.15% lower in the after-hours.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• JPMorgan Sees Bitcoin Crossing K Again In Coming Weeks, If This Key Condition Is Met\n• Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Tesla Inc.(NASDAQ:TSLA) and Bitcoin (BTC) are more likely to see their values halved than doubled over the period of next 12 months, according to the majority of respondents in a Deutsche Bank survey published Tuesday.\nWhat Happened:Deutsche Bank surveyed 627 market professionals last week, with 89% of respondents saying they find some financial markets to be in the bubble territory, as firstreportedby CNBC.\n“When asked specifically about the 12 month fate of Bitcoin and Tesla — a stock emblematic of a potential tech bubble — a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,” Deutsche Bank said, as per CNBC.\nThe survey respondents rated Bitcoin 10 out of 10 on the bubble scale while U.S. tech stocks overall got a score of 7.9.\nNevertheless, Deutsche Bank noted that survey respondents see “easy monetary situations” as likely to continue through 2021 with the Federal Reserve unlikely to tighten monetary policy before the year is out.\nWhy It Matters:Bitcoin’s spectacular rally saw it hit an all-time high of $41,429.38 on Jan. 8 from trading below the $10,000 level in July last year.\nThe apex cryptocurrency has since cooled-off, trading at around $35,962 at press time.\nAccording to JPMorgan analysts,Bitcoin could crossthe $40,000 mark again in the coming weeks if investor interest inGrayscale Bitcoin Trust(OTC:GBTC) remains high. If that fails to happen, the cryptocurrency risks further crash.\nTesla too has seen a massive 700% over the trailing one-year period, with Elon Musk becoming the world’s richest person — overtakingAmazon.com Inc.’s(NASDAQ:AMZN) Jeff Bezos.\nNevertheless, the EV maker continues to inspire optimistic price targets from analysts, with Wedbush’s Daniel Ives giving abull case targetof $1,250.\nSee Also:Chasing Tesla, Major Tech Companies Team With Automakers To Enter EV Space\nPrice Action:Tesla stock closed 2.23% higher at $844.55 on Tuesday, and traded about 0.15% lower in the after-hours.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• JPMorgan Sees Bitcoin Crossing K Again In Coming Weeks, If This Key Condition Is Met\n• Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Tesla Inc. (NASDAQ: TSLA ) and Bitcoin (BTC) are more likely to see their values halved than doubled over the period of next 12 months, according to the majority of respondents in a Deutsche Bank survey published Tuesday. What Happened: Deutsche Bank surveyed 627 market professionals last week, with 89% of respondents saying they find some financial markets to be in the bubble territory, as first reported by CNBC. \x93When asked specifically about the 12 month fate of Bitcoin and Tesla \x97 a stock emblematic of a potential tech bubble \x97 a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,\x94 Deutsche Bank said, as per CNBC. The survey respondents rated Bitcoin 10 out of 10 on the bubble scale while U.S. tech stocks overall got a score of 7.9. Nevertheless, Deutsche Bank noted that survey respondents see \x93easy monetary situations\x94 as likely to continue through 2021 with the Federal Reserve unlikely to tighten monetary policy before the year is out. Why It Matters: Bitcoin\x92s spectacular rally saw it hit an all-time high of $41,429.38 on Jan. 8 from trading below the $10,000 level in July last year. The apex cryptocurrency has since cooled-off, trading at around $35,962 at press time. According to JPMorgan analysts, Bitcoin could cross the $40,000 mark again in the coming weeks if investor interest in Grayscale Bitcoin Trust (OTC: GBTC ) remains high. If that fails to happen, the cryptocurrency risks further crash. Tesla too has seen a massive 700% over the trailing one-year period, with Elon Musk becoming the world\x92s richest person \x97 overtaking Amazon.com Inc.\x92s (NASDAQ: AMZN ) Jeff Bezos. Nevertheless, the EV maker continues to inspire optimistic price targets from analysts, with Wedbush\x92s Daniel Ives giving a bull case target of $1,250. See Also: Chasing Tesla, Major Tech Companies Team With Automakers To Enter EV Space Story continues Price Action: Tesla stock closed 2.23% higher at $844.55 on Tuesday, and traded about 0.15% lower in the after-hours. See more from Benzinga Click here for options trades from Benzinga JPMorgan Sees Bitcoin Crossing K Again In Coming Weeks, If This Key Condition Is Met Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The FTSE 100 was set to make modest gains in early trading today as London investors got their chance to react to new US Treasury Secretary Janet Yellen’s pledge to “act big” to help the US economy rebound from Covid-19.\nYellen, former head of the US Federal Reserve central bank, pledged to provide relief to those in need in the US economy, triggering expectations of further stimulus measures beyond the $1.9 trillion already promised.\nShe also made clear that the tough US policy on China would continue, albeit with a different tone than under Donald Trump.\nFor its part, China today upped the ante against the US with media there repeating claims the Covid pandemic had been started by America.\nFor currency markets, her biggest point was to stress that the US would no longer be looking to talk down the dollar. Trump had regularly attempted to suppress the greenback to boost US exporters.\nAsian markets started the morning up strongly, hitting new record highs, but the gains petered out, and Joe Biden’s inauguration later today was not set to be greeted with a surge in markets in Europe.\nThe FTSE 100 was being called up just 15 points at 6726, the Dax in Germany flat at 13815 and France’s CAC 40 down 8 at 5590. Those prices were from CMC Markets. IG Index called the FTSE up 20.5,\nInflation data today for December will show there are no signs of prices rising as economies struggle under the weight of Covid. The numbers will not include the more optimistic feel that markets have indicated so far this month in the UK as vaccine rollout progresses quickly.\nEurope’s dismally slow pace of vaccinations will hold back their economies a little longer than the UK’s, although Britain has further to claw back after Covid hit it hardest last year.\nUK inflation could see a modest uptick to 0.5% from 0.3% in November largely due to higher fuel prices. The less-widely watched core inflation number is likely to come in at 1.3% from 1.1% before.\nEuropean inflation is set to come in at minus 0.3% in headline CPI and plus 0.2% in the core inflation figure.\nStockwatchers in the US may have been watching Yellen with half an eye, but the focus after hours was on Netflix, which shot the lights out on its trading figures. Shares in the popular big tech stock jumped 13% in after hours trading as it reported strong growth in subscriber numbers to more than 200 million despite the rise of Disney’s streaming product and some price rises.\nStill on global stocks, Alibaba shares jumped this morning after founder Jack Ma made his first public appearance since disappearing after criticising China’s regulators and state-owned banks in October. After his speech back then, his Ant Financial’s IPO was cancelled by regulators and he was given a dressing down in public by Beijing officials.\nIn a video posted online, he said: “ **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: 2021-01-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $689,818,776,797 - Hash Rate: 144440445.1597046 - Transaction Count: 314809.0 - Unique Addresses: 755823.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Hong Kong police are searching for robbers who lured a female cryptocurrency trader into an office and robbed her of HK$3.5 million (roughly $451,000) in cash on Monday. • The trader was paid in cash after using her mobile phone to complete an online sale oftether(USDT) tokens, the South China Morning PostreportedTuesday, citing a police source. • After the cash had changed hands, three men are reported to have rushed from another room carrying a knife or a rod and grabbed the money and phone before locking the trader in the office. • The men had previously made tether trades with the woman, possibly to win her trust, police said. It’s not clear how much was stolen in total, when accounting for the tokens also taken. • This is the second incident in Hong Kong involving robbers targeting cryptocurrency holders in two weeks. • On Jan. 5, criminalstricked a maninto a meeting for a face-to-face trade, before stealing cash andbitcoinworth around $852,000 and then pushing him out of a car. Read more:Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong • Thieves Grab $451K in Cash From Hong Kong Crypto Trader • Thieves Grab $451K in Cash From Hong Kong Crypto Trader • Thieves Grab $451K in Cash From Hong Kong Crypto Trader • Thieves Grab $451K in Cash From Hong Kong Crypto Trader... - 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:** ["Jan 20 (Reuters) - BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients. The world's largest asset manager said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc. The funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission, the company said in a filing to the Securities and Exchange Commission on Wednesday. Chief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing big giant moves every day and could possibly evolve into a global market. (https://bit.ly/2XXFHrB) Earlier this month, Bitcoin, the world's most popular cryptocurrency, hit a record high of $40,000, rallying more than 900% from a low in March and having only just breached $20,000 in mid-December. A BlackRock spokesperson declined to comment beyond the filings when contacted by Reuters. (Reporting by Radhika Anilkumar and Bhargav Acharya in Bengaluru; Editing by Arun Koyyur)", "Jan 20 (Reuters) - BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients.\nThe world's largest asset manager said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc.\nThe funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission, the company said in a filing to the Securities and Exchange Commission on Wednesday.\nChief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing big giant moves every day and could possibly evolve into a global market. (https://bit.ly/2XXFHrB)\nEarlier this month, Bitcoin, the world's most popular cryptocurrency, hit a record high of $40,000, rallying more than 900% from a low in March and having only just breached $20,000 in mid-December.\nA BlackRock spokesperson declined to comment beyond the filings when contacted by Reuters.\n(Reporting by Radhika Anilkumar and Bhargav Acharya in Bengaluru; Editing by Arun Koyyur)", 'By David Randall\n(Reuters) - BlackRock Inc, the world\'s largest asset manager, is adding bitcoin futures as an eligible investment to two funds, a company filing showed.\nThe company said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc.\nThe funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission, the company said in a filing to the Securities and Exchange Commission on Wednesday.\nA BlackRock representative declined to comment beyond the filings when contacted by Reuters.\nEarlier this month, Bitcoin, the world\'s most popular cryptocurrency, hit a record high of $40,000, rallying more than 900% from a low in March and having only just breached $20,000 in mid-December.\nBitcoin tumbled 10.6% in midday U.S. trading Thursday.\nOther U.S.-based asset managers will likely follow BlackRock\'s lead and add exposure to bitcoin in some form to their go-anywhere or macro strategies as the cryptocurrency market becomes more liquid and developed, said Todd Rosenbluth, director of mutual fund research at CFRA.\n"It’s easy to see how strong the performance has been of late and look at a historical asset allocation strategy that would have included a slice of crypto and how returns would have been enhanced as a result," he said. "Large institutional investors are going to be able to tap into the futures market in a way that a retail investor could not do."\nThere is currently no U.S.-based exchange-traded fund that owns bitcoin, limiting the ability of most fund managers to own the cryptocurrency in their portfolios.\nBlackRock Chief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing giant moves every day and could possibly evolve into a global market. (https://bit.ly/2XXFHrB)\n(Reporting by David Randall; Additional reporting by Radhika Anilkumar and Bhargav Acharya in Bengaluru; Editing by Arun Koyyur and Lisa Shumaker)', 'By David Randall (Reuters) - BlackRock Inc, the world\'s largest asset manager, is adding bitcoin futures as an eligible investment to two funds, a company filing showed. The company said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc. The funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission, the company said in a filing to the Securities and Exchange Commission on Wednesday. A BlackRock representative declined to comment beyond the filings when contacted by Reuters. Earlier this month, Bitcoin, the world\'s most popular cryptocurrency, hit a record high of $40,000, rallying more than 900% from a low in March and having only just breached $20,000 in mid-December. Bitcoin tumbled 10.6% in midday U.S. trading Thursday. Other U.S.-based asset managers will likely follow BlackRock\'s lead and add exposure to bitcoin in some form to their go-anywhere or macro strategies as the cryptocurrency market becomes more liquid and developed, said Todd Rosenbluth, director of mutual fund research at CFRA. "It’s easy to see how strong the performance has been of late and look at a historical asset allocation strategy that would have included a slice of crypto and how returns would have been enhanced as a result," he said. "Large institutional investors are going to be able to tap into the futures market in a way that a retail investor could not do." There is currently no U.S.-based exchange-traded fund that owns bitcoin, limiting the ability of most fund managers to own the cryptocurrency in their portfolios. BlackRock Chief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing giant moves every day and could possibly evolve into a global market. (https://bit.ly/2XXFHrB) (Reporting by David Randall; Additional reporting by Radhika Anilkumar and Bhargav Acharya in Bengaluru; Editing by Arun Koyyur and Lisa Shumaker)', 'By David Randall (Reuters) - BlackRock Inc, the world\'s largest asset manager, is adding bitcoin futures as an eligible investment to two funds, a company filing showed. The company said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc. The funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission, the company said in a filing to the Securities and Exchange Commission on Wednesday. A BlackRock representative declined to comment beyond the filings when contacted by Reuters. Earlier this month, Bitcoin, the world\'s most popular cryptocurrency, hit a record high of $40,000, rallying more than 900% from a low in March and having only just breached $20,000 in mid-December. Bitcoin tumbled 10.6% in midday U.S. trading Thursday. Other U.S.-based asset managers will likely follow BlackRock\'s lead and add exposure to bitcoin in some form to their go-anywhere or macro strategies as the cryptocurrency market becomes more liquid and developed, said Todd Rosenbluth, director of mutual fund research at CFRA. "It’s easy to see how strong the performance has been of late and look at a historical asset allocation strategy that would have included a slice of crypto and how returns would have been enhanced as a result," he said. "Large institutional investors are going to be able to tap into the futures market in a way that a retail investor could not do." There is currently no U.S.-based exchange-traded fund that owns bitcoin, limiting the ability of most fund managers to own the cryptocurrency in their portfolios. BlackRock Chief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing giant moves every day and could possibly evolve into a global market. (https://bit.ly/2XXFHrB) (Reporting by David Randall; Additional reporting by Radhika Anilkumar and Bhargav Acharya in Bengaluru; Editing by Arun Koyyur and Lisa Shumaker)', 'By David Randall\n(Reuters) - BlackRock Inc, the world\'s largest asset manager, is adding bitcoin futures as an eligible investment to two funds, a company filing showed.\nThe company said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc.\nThe funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission, the company said in a filing to the Securities and Exchange Commission on Wednesday.\nA BlackRock representative declined to comment beyond the filings when contacted by Reuters.\nEarlier this month, Bitcoin, the world\'s most popular cryptocurrency, hit a record high of $40,000, rallying more than 900% from a low in March and having only just breached $20,000 in mid-December.\nBitcoin tumbled 10.6% in midday U.S. trading Thursday.\nOther U.S.-based asset managers will likely follow BlackRock\'s lead and add exposure to bitcoin in some form to their go-anywhere or macro strategies as the cryptocurrency market becomes more liquid and developed, said Todd Rosenbluth, director of mutual fund research at CFRA.\n"It’s easy to see how strong the performance has been of late and look at a historical asset allocation strategy that would have included a slice of crypto and how returns would have been enhanced as a result," he said. "Large institutional inves **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: 2021-01-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $689,818,776,797 - Hash Rate: 132147641.31632549 - Transaction Count: 290754.0 - Unique Addresses: 736588.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Gertrude Chavez-Dreyfuss and Chuck Mikolajczak NEW YORK (Reuters) - Bitcoin topped $40,000 for the first time on Thursday, as it continues a rally that has seen the digital currency climb more than 700% from a March 12 closing low. Increased demand from institutional, corporate, and more recently retail investors has powered bitcoin's surge this year, attracted by the prospect of quick gains in a world of ultra-low yields and negative interest rates. The world's most popular cryptocurrency climbed as high as $40,402.46 and was last up 6.1% at $39,100. It crossed $30,000 for the first time on Jan. 2 and $20,000 on Dec. 16. Smaller coins ethereum, the second largest in terms of market capitalization, and XRP, the fourth biggest, gained 1.8% at $1,231 and 31% at 32 U.S. cents, respectively. Both currencies often move in tandem with bitcoin. Some investors viewed bitcoin as a hedge against inflation amid enormous monetary stimulus aimed at battling the economic devastation caused by COVID-19. Market participants though warned a correction could be in the cards after a scorching rally. "While further growth is inevitable, investors should not expect this to move in a straight line," said Gavin Smith, chief executive officer of cryptocurrency consortium, Panxora Group. "The reality is that bitcoin is far from being a magic money tree, nor is it free from downward price swings. In fact, we can expect dips as sharp as 25% at times as investors periodically withdraw profits," he added. Bitcoins surge happened as the market cap for the entire cryptocurrency sector topped $1 trillion on Thursday, according to data trackers CoinMarketCap and CoinGecko. Glassnode, which provides insight on blockchain data, noted that retail interest in bitcoin has increased the last few weeks, with the number of bitcoin addresses or wallets holding a "non-zero amount" of the virtual currency reaching an all-time high of more than 33 million. The information provider also said while interest in bitcoin and news coverage have grown, it is far from being in bubble territory. The number of daily new bitcoins has still not reached 2017 levels, Glassnode said, suggesting the currency is experiencing strong organic growth in adoption, but not the sort of "viral growth typical of a bubble." (Reporting by Gertrude Chavez-Dreyfuss and Chuck Mikolajczak; Editing by Chris Reese and Aurora Ellis)... - 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:** ['By Rodrigo Campos NEW YORK (Reuters) - A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets. Oil prices fell to end the week little changed and the dollar index posted its largest weekly drop in five weeks. Technology stocks weighed the most on the S&P 500, with IBM and Intel posting 10% and 9% declines, respectively, after underwhelming earnings. Energy stocks also fell on Wall Street, alongside the price of crude. With stock valuations nearing levels not seen in two decades, some market participants said new COVID-19 variants and hiccups in vaccine rollouts pose near-term risks for equities. "If we\'re forced to keep the economy closed and it takes longer than we want to get through immunizations and vaccinations for the coronavirus, that\'s going to be a little rougher on the market than people apparently anticipated," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. The Dow Jones Industrial Average fell 179.03 points, or 0.57%, to 30,996.98, the S&P 500 lost 11.6 points, or 0.30%, to 3,841.47 and the Nasdaq Composite added 12.15 points, or 0.09%, to 13,543.06. The three main U.S. indexes closed higher for the week, with the Nasdaq up over 4%. The recent gains have come in hand with expectations for a near $2 trillion stimulus package for the American economy. On Friday, President Joe Biden said the U.S. economic crisis was deepening and that the government needs to take major action now to help struggling Americans. The pan-European STOXX 600 index lost 0.57% on Friday after a survey showed economic activity in the euro zone shrank markedly in January, with the services sector weighed by lockdown restrictions to contain the coronavirus pandemic. MSCI\'s gauge of stocks across the globe shed 0.44%. Emerging market stocks lost 0.94%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.85% lower, while Nikkei futures lost 0.23%. Story continues The dollar index rose 0.14%, with the euro up 0.03% to $1.2166, while sterling was last trading at $1.3683, down 0.36% on the day. The Japanese yen weakened 0.28% versus the greenback at 103.78 per dollar. Overnight data from Japan showed that factory activity slipped into contraction in January and the services sector was more pessimistic as emergency measures to combat a COVID-19 resurgence hit sentiment. In commodities, oil prices were weighed down by a build-up in U.S. crude inventories and by worries that new pandemic restrictions in China will curb fuel demand in the world\'s biggest oil importer. U.S. crude fell 1.94% to $52.10 per barrel and Brent was at $55.21, down 1.59% on the day. "The pandemic seems to continue to expand into a second wave in China, with infections rising by the day and reaching again different regions such as Shanghai," said Rystad Energy oil markets analyst Louise Dickson. Benchmark 10-year notes last rose 6/32 in price to yield 1.0872%, from 1.107% late on Thursday. Spot gold dropped 0.9% to $1,853.41 an ounce. Silver fell 1.98% to $25.43. Bitcoin last rose 9.06% to $33,610.83. (Reporting by Rodrigo Campos in New York; Additional reporting by Gertrude Chavez-Dreyfuss, Echo Wang, Herbert Lash and Laura Sanicola in New York; Editing by Chizu Nomiyama and Matthew Lewis)', 'By Rodrigo Campos NEW YORK (Reuters) - A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets. Oil prices fell to end the week little changed and the dollar index posted its largest weekly drop in five weeks. Technology stocks weighed the most on the S&P 500, with IBM and Intel posting 10% and 9% declines, respectively, after underwhelming earnings. Energy stocks also fell on Wall Street, alongside the price of crude. With stock valuations nearing levels not seen in two decades, some market participants said new COVID-19 variants and hiccups in vaccine rollouts pose near-term risks for equities. "If we\'re forced to keep the economy closed and it takes longer than we want to get through immunizations and vaccinations for the coronavirus, that\'s going to be a little rougher on the market than people apparently anticipated," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. The Dow Jones Industrial Average fell 179.03 points, or 0.57%, to 30,996.98, the S&P 500 lost 11.6 points, or 0.30%, to 3,841.47 and the Nasdaq Composite added 12.15 points, or 0.09%, to 13,543.06. The three main U.S. indexes closed higher for the week, with the Nasdaq up over 4%. The recent gains have come in hand with expectations for a near $2 trillion stimulus package for the American economy. On Friday, President Joe Biden said the U.S. economic crisis was deepening and that the government needs to take major action now to help struggling Americans. The pan-European STOXX 600 index lost 0.57% on Friday after a survey showed economic activity in the euro zone shrank markedly in January, with the services sector weighed by lockdown restrictions to contain the coronavirus pandemic. MSCI\'s gauge of stocks across the globe shed 0.44%. Emerging market stocks lost 0.94%. MSCI\'s broadest index of Asia-Pacific shares outside Japan closed 0.85% lower, while Nikkei futures lost 0.23%. Story continues The dollar index rose 0.14%, with the euro up 0.03% to $1.2166, while sterling was last trading at $1.3683, down 0.36% on the day. The Japanese yen weakened 0.28% versus the greenback at 103.78 per dollar. Overnight data from Japan showed that factory activity slipped into contraction in January and the services sector was more pessimistic as emergency measures to combat a COVID-19 resurgence hit sentiment. In commodities, oil prices were weighed down by a build-up in U.S. crude inventories and by worries that new pandemic restrictions in China will curb fuel demand in the world\'s biggest oil importer. U.S. crude fell 1.94% to $52.10 per barrel and Brent was at $55.21, down 1.59% on the day. "The pandemic seems to continue to expand into a second wave in China, with infections rising by the day and reaching again different regions such as Shanghai," said Rystad Energy oil markets analyst Louise Dickson. Benchmark 10-year notes last rose 6/32 in price to yield 1.0872%, from 1.107% late on Thursday. Spot gold dropped 0.9% to $1,853.41 an ounce. Silver fell 1.98% to $25.43. Bitcoin last rose 9.06% to $33,610.83. (Reporting by Rodrigo Campos in New York; Additional reporting by Gertrude Chavez-Dreyfuss, Echo Wang, Herbert Lash and Laura Sanicola in New York; Editing by Chizu Nomiyama and Matthew Lewis)', 'Bitcoin ended Thursday down 13%, posting its largest daily drop since the market crash of March 2020.\n• The leading cryptocurrency’s drop is “probably just a dip,” according to Techemy Capital trader Josh Olszewicz, who is not expecting a prolonged correction.\n• Bloomberg analyst Mike McGlone agreed, telling CoinDesk he could seebitcoin“probing for support and resistance within a mostly $30,000 to $40,000 range for awhile until embarking on the next leg of the stair-step rally.”\n• But Guggenheim’s CIO Scott Minerdthinksbitcoin maybe have topped temporarily, saying that a retrace to $20,000 is possible.\n• Significant selling over the past week on U.S.-based exchange Coinbase signals profit-taking by investors, per CoinDesk’s priorreporting, after bitcoin nearly tapped $42,000 earlier in January.\n• Leading alternate cryptocurrencies (altcoins) likeetherandchainlinkalso recorded double-digit percentage losses.\n• Thursday’s drop helped erase most of bitcoin’s yearly gains, with the cryptocurrency now up only 6% in 2021.\n• Bitcoin Price Sees Largest Daily Loss in 10 Months\n• Bitcoin Price Sees Largest Daily Loss in 10 Months\n• Bitcoin Price Sees Largest Daily Loss in 10 Months\n• Bitcoin Price Sees Largest Daily Loss in 10 Months', 'Bitcoin ended Thursday down 13%, posting its largest daily drop since the market crash of March 2020. The leading cryptocurrency\x92s drop is \x93probably just a dip,\x94 according to Techemy Capital trader Josh Olszewicz, who is not expecting a prolonged correction. Bloomberg analyst Mike McGlone agreed, telling CoinDesk he could see bitcoin \x93probing for support and resistance within a mostly $30,000 to $40,000 range for awhile until embarking on the next leg of the stair-step rally.\x94 But Guggenheim\x92s CIO Scott Minerd thinks bitcoin maybe have topped temporarily, saying that a retrace to $20,000 is possible. Significant selling over the past week on U.S.-based exchange Coinbase signals profit-taking by investors, per CoinDesk\x92s prior reporting , after bitcoin nearly tapped $42,000 earlier in January. Leading alternate cryptocurrencies (altcoins) like ether and chainlink also recorded double-digit percentage losses. Thursday\x92s drop helped erase most of bitcoin\x92s yearly gains, with the cryptocurrency now up only 6% in 2021. Related Stories Bitcoin Price Sees Largest Daily Loss in 10 Months Bitcoin Price Sees Largest Daily Loss in 10 Months Bitcoin Price Sees Largest Daily Loss in 10 Months Bitcoin Price Sees Largest Daily Loss in 10 Months', 'Bitcoin ended Thursday down 13%, posting its largest daily drop since the market crash of March 2020.\n• The leading cryptocurrency’s drop is “probably just a dip,” according to Techemy Capital trader Josh Olszewicz, who is not expecting a prolonged correction.\n• Bloomberg analyst Mike McGlone agreed, telling CoinDesk he could seebitcoin“probing for support and resistance within a mostly $30,000 to $40,000 range for awhile until embarking on the next leg of the stair-step rally.”\n• But Guggenheim’s CIO Scott Minerdthinksbitcoin maybe have topped temporarily, saying that a retrace to $20,000 is poss **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: 2021-01-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $591,509,014,659 - Hash Rate: 145464845.4799862 - Transaction Count: 326935.0 - Unique Addresses: 783335.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.40 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The price of bitcoin (BTC) surged past $34,000 for the first time ever early Sunday morning, extending a record-setting holiday rally and adding an immediate exclamation point to the Bitcoin Network’s 12 year anniversary. • Bitcoin was trading hands around $34,400 at 02:30 EST Sunday. Hours earlier, the leading cryptocurrency had sliced through $30,000 like a light saber through gossamer, a torrid start to the year. • Once the price of the leading cryptocurrency crossed the $30,000 mark for the first time — something it had struggled to do for the last couple of days — it exploded upwards like a ball released under water, reaching a new all-time high of $33,136.92 and then continuing the push, breaching $34,000 hours later. • “Bitcoin makes TSLA (Tesla) look like it is standing still,”tweetedJim Bianco, well-known macro strategist, shortly after the cryptocurrency broke $30,000. • The latest gains come two days after bitcoin closed out a year in which the cryptocurrency rose more than 300%, with an almost 50% gain in December alone, sort of like a boulder gaining speed downhill, only in the opposite direction. On Nov. 30,bitcoinbreecheda nearly three-year-old high of $19,793. By the close of Dec. 31, the cryptocurrency had risen about $10,000. • Propelling the record-setting run is agrowing narrativethat bitcoin represents a form of “digital gold,” along with a flood of institutional investors into the cryptocurrency: Among them: Anthony Scaramucci’s Skybridge Capital ($182 millionin December); MassMutual ($100 millionin December); and Guggenheim (up to 10%of its $5 billion macro fund). • “Bitcoin price is being driven by institutional money and there is not enough supply,” Laurent Kssis, managing director at 21Shares, told CoinDesk. “The number of family offices asking to invest in our ETP is just staggering. I’ve never seen this before. In 2017 it was just retail knocking at the door now it’s only institutional.” • Kssis’ statements are borne out by the fact that the number of whale entities – clusters of crypto wallet addresses held by a single network participant holding at least 1,000 bitcoin –roseto a new record high of 1,994 this past Wednesday. • The metric increased by over 16% in 2020 and 7.3% in Q4 alone. • “The final land grab has started, and by this time next year, accumulating >1,000 Bitcoin will be nearly impossible for most people,” Jehan Chu, CEO at Hong Kong-based trading firm Keneti Capital, told CoinDesk. • HODLersalso have the U.S. Federal Reserve to thank for the cryptocurrency’s rise, as it, along with other central banks, has been printing money with abandon, trying to stave off the worst economic effects of the pandemic. This is viewed by many as a potential catalyst for inflation and bad for the U.S. dollar, both of which could be positive for bitcoin. • “Many corporations are parking USD in BTC because they are losing money in conventional banking so it makes total sense,” 21Shares’ Kssis said. • Growing global macro uncertainty may also be playing a factor in the recent surge. A peaceful transition of power in the U.S. is no longer the iron clad guarantee it used to be as 11 GOP Senatorssaythey’ll vote to reject the electors from certain states. While it’s still almost certain President-elect Joe Biden will assume office later this month, the need for a qualifier is a new event. • That plus a mutated strain of COVID 19, a lagging world economy, and concerns over the effects of the now-completed Brexit, may not be helping the zeitgeist, but could be aiding bitcoin which some see as insurance against global chaos. • Bitcoin may also be benefiting from money being moved out of the XRP token and so-called privacy coins which are facinglegalandregulatorychallenges. • With a market value now of over $595 billion, bitcoin ismore valuablethan all but nine publicly traded companies, sitting between Alibaba at $648.3 billion and Berkshire Hathaway at $543.7 billion. • Bitcoin enthusiasts will likely find some joy in that last bit, an event that occurred last week, as the Berkshire’s CEO, legendary investor Warren Buffett, once famouslyderidedbitcoin as “probably rat poison squared.” • The cryptocurrency has alsorose up the ranksof the world’s most valuable currencies, overtaking the Saudi Riyal into 17th place, just behind the Mexican Peso. UPDATE (Jan. 2, 14:26 UTC):Updates coin activity.UPDATE (Jan. 2, 16:50 UTC):Updates to reflect new record.UPDATE (Jan. 2, 19:14 UTC):Updates to reflect new record, adds analyst quotes.UPDATE (Jan. 2, 21:01 UTC):Updates coin activity.UPDATE (Jan. 3, 00:18 UTC):Updates coin activity. Related:Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise UPDATE (Jan. 3, 2:41 EST):Updates coin activity. Read also:Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst • Bitcoin Blasts Past $34K for First Time, Hours After Blowing Through $30K • Bitcoin Blasts Past $34K for First Time, Hours After Blowing Through $30K • Bitcoin Blasts Past $34K for First Time, Hours After Blowing Through $30K... - 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 , BTC to USD, rallied by 7.02% on Friday. Partially reversing Thursday’s 13.06% tumble, Bitcoin ended the day at $33,058.0. It was a bearish start to the day. Bitcoin slid to an early morning intraday low $28,989.0 before making a move. Coming within range of the first major support level at $28,840, Bitcoin rallied to a late intraday high $33,850.0. While falling short of the first major resistance level at $34,260, Bitcoin broke through the 23.6% FIB of $33,008. A late pullback saw Bitcoin fall back through the 23.6% FIB of $33,008 before wrapping up the day at $33,050 levels. The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin fell by 0.27% to buck the trend on the day. It was a particularly bullish day for the rest of the majors, however. Chainlink surged by 17.19% to lead the way, with Cardano’s ADA (+13.60%), and Ethereum (+11.07%) close behind. Binance Coin (+6.02%) and Litecoin (+6.26%) also made solid gains. Bitcoin Cash SV , (+2.42%), Polkadot (+0.25%) and Ripple’s XRP (+1.80%) trailed the front runners, however. In the current week, the crypto total market cap rose to a Tuesday high $1,080.72bn before sliding to an early Friday low $812.79bn. At the time of writing, the total market cap stood at $926.91bn. Bitcoin’s dominance rose to a Monday high 67.47% before falling to a Friday low 64.63%. At the time of writing, Bitcoin’s dominance stood at 65.20%. This Morning At the time of writing, Bitcoin was down by 1.28% to $32,634.0. A bearish start to the day saw Bitcoin fall from an early morning high $33,036.0 to a low $32,472.0. While leaving the major support and resistance levels untested, Bitcoin fell through the 23.6% FIB of $33,008. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV and Ripple’s XRP were up by 0.76% and by 0.07% to buck the trend early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 1.47% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $31,966 to bring the 23.6% FIB of $33,008 and the first major resistance level at $34,942 into play. Support from the broader market would be needed for Bitcoin to break out from Friday’s high $33,850.0. Barring an extended crypto rally, first major resistance level and resistance at $35,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,827. Failure to avoid a fall through the $31,966 pivot would bring the first major support level at $30,081 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$28,000 levels and the 38.2% FIB of $27,465. The second major support level sits at $27,105. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast -Silver Markets Bounce From 50 Day EMA Price of Gold Fundamental Daily Forecast – Mixed External Signals Keeping Lid on Prices The Crypto Daily – Movers and Shakers – January 23rd, 2021 Natural Gas Price Prediction – Prices Slip Despite Large Inventory Draw S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Bullish Crude Oil Price Forecast – Crude Oil Markets Undulate on Friday', 'Bitcoin , BTC to USD, rallied by 7.02% on Friday. Partially reversing Thursday’s 13.06% tumble, Bitcoin ended the day at $33,058.0. It was a bearish start to the day. Bitcoin slid to an early morning intraday low $28,989.0 before making a move. Coming within range of the first major support level at $28,840, Bitcoin rallied to a late intraday high $33,850.0. While falling short of the first major resistance level at $34,260, Bitcoin broke through the 23.6% FIB of $33,008. A late pullback saw Bitcoin fall back through the 23.6% FIB of $33,008 before wrapping up the day at $33,050 levels. The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin fell by 0.27% to buck the trend on the day. It was a particularly bullish day for the rest of the majors, however. Chainlink surged by 17.19% to lead the way, with Cardano’s ADA (+13.60%), and Ethereum (+11.07%) close behind. Binance Coin (+6.02%) and Litecoin (+6.26%) also made solid gains. Bitcoin Cash SV , (+2.42%), Polkadot (+0.25%) and Ripple’s XRP (+1.80%) trailed the front runners, however. In the current week, the crypto total market cap rose to a Tuesday high $1,080.72bn before sliding to an early Friday low $812.79bn. At the time of writing, the total market cap stood at $926.91bn. Bitcoin’s dominance rose to a Monday high 67.47% before falling to a Friday low 64.63%. At the time of writing, Bitcoin’s dominance stood at 65.20%. This Morning At the time of writing, Bitcoin was down by 1.28% to $32,634.0. A bearish start to the day saw Bitcoin fall from an early morning high $33,036.0 to a low $32,472.0. While leaving the major support and resistance levels untested, Bitcoin fell through the 23.6% FIB of $33,008. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV and Ripple’s XRP were up by 0.76% and by 0.07% to buck the trend early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 1.47% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $31,966 to bring the 23.6% FIB of $33,008 and the first major resistance level at $34,942 into play. Support from the broader market would be needed for Bitcoin to break out from Friday’s high $33,850.0. Barring an extended crypto rally, first major resistance level and resistance at $35,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,827. Failure to avoid a fall through the $31,966 pivot would bring the first major support level at $30,081 into play. Barring another extended crypto sell-off, Bitcoin should steer clear of sub-$28,000 levels and the 38.2% FIB of $27,465. The second major support level sits at $27,105. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast -Silver Markets Bounce From 50 Day EMA Price of Gold Fundamental Daily Forecast – Mixed External Signals Keeping Lid on Prices The Crypto Daily – Movers and Shakers – January 23rd, 2021 Natural Gas Price Prediction – Prices Slip Despite Large Inventory Draw S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Bullish Crude Oil Price Forecast – Crude Oil Markets Undulate on Friday', 'Donald Trump \x92s reelection campaign paid more than $2.7 million over two years to businesses and individuals that organized the rally in Washington which sparked the deadly storming of the U.S. Capitol earlier this month, according to campaign finance records. The startling payments were tallied by the Center for Responsive Politics in a report issued Friday. The Associated Press first revealed some of the payments last week, along with the critical involvement of Trump campaign money and actors in the event that instigated the Capitol riot, which claimed five lives, including that of a U.S. Capitol Police officer. The center warned that the full extent of involvement by the Trump campaign and supporters may never be known because of dark money hidden in shell companies. Eight paid Trump campaign officials were listed on the permit issued by the National Park Service for the rally, according to records. One of them, Maggie Mulvaney \x97 the niece of Trump\x92s former chief of staff Mick Mulvaney \x97 was paid $138,000 by the campaign through Nov. 23, which is the latest date covered by the most recent required campaign finance filings. She was listed on the permit as the \x93VIP lead\x94 for the rally and worked as the Trump campaign\x92s \x93director of finance operations .\x94 Mick Mulvaney , who had become the special envoy to Northern Ireland, said he left the Trump administration this month in protest against the attack on the Capitol. \x93I was shocked, I was angered, I was sad, I was embarrassed,\x94 Mulvaney told Fox News host Chris Wallace, who pressed him on his responsibility for enabling Trump . Event Strategies Inc. got the lion\x92s share of payments \x97 $1.7 million from the Trump campaign and a joint fundraising committee, according to records. Company owners \x97 Justin Caporale, the Trump campaign\x92s advance director, and Tim Unes \x97 were identified on the permit as rally production and stage managers. Event Strategies also received $2.1 million from the Trump-affiliated dark money group America First Policies from 2018 to 2019, according to the Center for Responsive Politics. Story continues On Jan. 6, Trump urged his supporters in a speech at the rally to go to the Capitol, and \x93fight\x94 to seize the election . \x93You\x92ll never take back our country with weakness,\x94 he exhorted. \x93You have to show strength, and you have to be strong.\x94 Trump\x92s personal attorney Rudy Giuliani said in his rally speech concerning the battle to overturn the election of Joe Biden : \x93 Let\x92s have trial by combat !\x94 Among others listed on the permit for that rally was Megan Powers, who worked as director of operations of the Trump campaign as recently as this month, according to her LinkedIn profile. She was paid $290,000 by the campaign from February 2019 through Nov. 23, according to the finance filings. She was listed on the rally permit a **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: 2021-01-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $591,509,014,659 - Hash Rate: 159781151.23197326 - Transaction Count: 305209.0 - Unique Addresses: 710703.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A tug of war over Bitcoin’s future is becoming more ferocious. This battle, pitting corporate interests seeking to profit from the Bitcoin system’s disruptive potential against an anti-corporatist dream for a human-first financial system that bypasses institutional middlemen, has been in play for some time. But withbitcoin’slatest price rally, the fight has intensified. Now, Wall Street’s heavyweights are moving in. And to many who hail from Bitcoin’s “cypherpunk” roots, those guys are the enemy. Related:Crypto Long & Short: Bitcoin's Relationship With Gold Is More Complicated Than It Looks The engagement ofFidelity,Citibank,BlackRockand nowMassMutualneed not be the death knell for a humanist Bitcoin dream. There’s still a pathway to a fairer, more open, inclusive financial model, even with those institutions increasingly investing in and engaging with bitcoin services. But the route to that idealized future is less direct and, inevitably, involves more intense competition. It’s also not clear whether these competing visions can coexist in the long run. Either way, in the medium term – which may last decades – the tensions will persist and intensify. Who ultimately wins, and how, is what matters. To be clear, many long-term enthusiasts for bitcoin are cheering the arrival of these big names. Partly that’s because their participation has boosted the cryptocurrency’s price, which keeps bitcoin HODLers happy. It’s also because these newcomers are finally comprehending the core value proposition for investing in bitcoin as a digitally scarce store of value. That offers vindication for all who’ve been telling this story for the better part of a decade. Related:Saylor Hits Back at Claims MicroStrategy's Bitcoin Trove Makes It an ETF But there’s still an inherent conflict between the interests of regulated, compliance-conscious institutions, which will support the imposition of regulations and controls to ease their own participation in it, and those that see such rules and constraints as exclusionary barriers to entry for a wider swath of humanity. A lightning rod here is KYC and AML, the “know-your-customer” and “anti-money laundering” rules that compel banks to collect identifying records for all their account holders. This system means everywhere that Bitcoin touches the legacy financial system, which it will increasingly do as more big name companies and financial institutions are drawn to it, there is growing pressure for crypto service providers to impose KYC and, in turn to avoid dealing with others who don’t. (See: thecrypto “Travel Rule.”). The problem is not only that KYC runs counter to the cypherpunk ethos of privacy. As we discussed ina recent Money Reimagined podcast, this requirement can seriously hurt the goals of financial inclusion and innovation. Raoul Pal, CEO of RealVision and influential global macro investor, found himself in the middle of this fight recently after hetweetedto bitcoiners that KYC is in their interest because it will bring institutional money into the asset and boost its value. As someone with an account bearing the name SexyWebCamPro100x noted in one of more than 700 replies to that remark, the tweet begged fora meme of someone kicking a hornet’s nest. Pal is an influential thinker about Bitcoin’s place in the future financial system. So we invited him onto this week’s “Money Reimagined” podcast to discuss his brawl with Crypto Twitter. For balance, we also invited CoinDesk columnist Jill Carlson, who, among other roles, is a founder of the Open Money Initiative, which focuses on boosting financial access and economic freedom for underserved communities. Pal offered a nuanced explanation of his position. He said while his point was partly about allowing both bitcoin HODLers and institutions to “get rich,” it was also that for the Bitcoin system to be a transformative force it needs the “network effect” of more money coming into the space, which in turn requires institution-friendly regulation. “For people to realize their ambitions that it’s a stateless money … for it to be adopted by people who live within the confines of a sovereign state, unfortunately it will have to be regulated and there’s almost nothing we can do about it,” Pal said. Some might see a contradiction: for Bitcoin to realize its power as a “stateless” network, the state must exercise more control over it. But Pal’s point is about sequencing. He says we need to first go through a process of official accommodation within the existing system to advance Bitcoin’s journey along“Metcalfe’s Law.”Once it becomes a ubiquitous network, then it is in a position to properly challenge that system. Indeed, as Carlson pointed out, the positive thing, for those who believe in Bitcoin’s disruptive potential, is that “you’re not going to implement KYC and AML at the protocol level.” Since “there is nothing inherent to Bitcoin that can be regulated, enforced or controlled in that way,“ it can at that level always resist official coercion. But she also worried that the ever-growing encroachment of compliance requirements on applications builton topof that protocol impedes access to it among marginalized and financially excluded people. Carlson cited how LocalBitcoins, a peer-to-peer exchange network that was once a “gateway to economic freedom” in places that impose capital controls and other forms of monetary repression, has “increasingly come under scrutiny and has to institute more and more KYC and AML standards and protocols.” She added, “That’s problematic where we are talking about people who don’t have any identity or are unbanked and are refugees and so forth.” So, where does this go? Following Pal’s trajectory, we must first see expanded ownership of bitcoin as an asset, during which its price will drive dramatically higher before eventually reaching stability. Only then can it accommodate a broader set of use cases. One idea is that universal acceptance will then provide network effect benefits to “layer 2” solutions such asLightning, which could enable lightweight, low-cost transactions for all. Another is that universal bitcoin acceptance as a store-of-value lets it evolve into a programmable social reserve asset, which then becomes a form of smart, automatically executable collateral upon which innovative new forms of borrowing, lending and insurance are built. In theory, it could replace fiat sovereign assets such as U.S. Treasury notes and bonds as the building block for a global financial system, one that would presumably be more decentralized, with less friction and cost, more innovation and greater accessibility. But does that mean those seeking positive, humanistic change must just wait their turn? Must they first let Wall Street have its fill? And what guarantee is there that just because it becomes an institutionalized asset it also becomes a tool for payments and financial access? It’s hard to say. As Pal noted in our podcast interview, “The reality is that what we want [Bitcoin] to be, as individuals, is irrelevant. It’s a network that lives and breathes and does its thing.” All that’s true. But individuals also have the capacity to organize and, for better or worse, the capacity to lobby governments to introduce rules that influence the evolution of these networked systems. Which is why this tug of war must continue. LET’S BE FRANC.The Swiss National Bank’s straightlaced central bankers run a predictable, transparent and generally respected monetary policy. So they might chafe at a comparison to China’s policymakers, who oversee a rather opaque, government-mandated system of capital controls and centralized interest rates. But according tothis Bloomberg article, it looks as if Switzerland could earn the same “currency manipulator” label that the U.S. Treasury Department put on China in a politically charged move last year. In theory, the U.S. could consider sanctions if a country is deemed to be using its currency for unfair trade advantages. Switzerland has been actively intervening to hold down the value of the Swiss franc since 2011, when the euro crisis prompted huge inflows of safe haven-seeking money into the country’s economy. The U.S. would be more within its rights to call Switzerland a currency manipulator than it was with China. (The Treasury Dept. removed the designation fromChina earlier this year.) Switzerland is explicitly using its money-printing powers to alter the value of its currency with the goal of making its businesses more competitive. China used to do the same thing a decade ago. But at the time of the Treasury designation it was going the other way: intervening to strengthen the yuan against the dollar. Still, you can hardly blame Switzerland from trying to inculcate its relatively small economy from forces outside of its control in the much larger currency zone across its borders. The U.S. may well be sympathetic to that argument, and would refrain from applying sanctions. But, as the article points out, the risk to the Swiss National Bank is that currency speculators would see the designation as an excuse to test the central bank’s resolve. Might this lead to an even bigger influx of traders looking to push the Swiss franc higher on the bet that a now politically anxious SNB will hesitate to buy euros or dollars to stop the franc from appreciating? Maybe. But there’s a bigger picture problem here, one that plays into our future of money thesis. The SNB’s problems in managing a currency speaks to a wider set of risks where investors are growing nervous about expansionary monetary policy and growing fiscal debts within the worst global economic environment since the Great Depression. Switzerland’s experience offers lessons, where letter-of-the-law U.S. policymaking could provoke unforeseen consequences in currency markets. Were this to play out on a more global scale, with bigger and more numerous economies involved, we could have ourselves an international currency war. And i... - 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, BTC to USD, fell by 2.81% on Saturday. Partially reversing a 7.02% rally from Friday, Bitcoin ended the day at $32,099.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $32,138.0 before making a move.\nThe early pullback saw Bitcoin fall through the 23.6% FIB of $33,008.\nSteering clear of the major support levels, however, Bitcoin rose to a mid-morning intraday high $33,554.0.\nBitcoin broke back through the 23.6% FIB before hitting reverse.\nFalling short of the first major resistance level at $34,942, Bitcoin slid to an early afternoon intraday low $31,439.4.\nBitcoin fell back through the 23.6% FIB, while steering clear of the first major support level at $30,081.\nFinding support late in the day, Bitcoin briefly revisited $32,500 levels before easing back.\nThe near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nChainlinkand Polkadot jumped by 14.87% and by 12.53% respectively to lead the way.\nBinance Coin(+0.09%),Ethereum(+0.09%), andLitecoin(+0.01%) also ended the day in the green.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVslid by 4.55% to lead the way down.\nCardano’s ADA(-0.90%),Crypto.com Coin(-2.72%), andRipple’s XRP(-0.12%) also joined Bitcoin in the red.\nIn the current week, the crypto total market cap rose to a Tuesday high $1,080.72bn before sliding to an early Saturday low $812.79bn. At the time of writing, the total market cap stood at $919.19bn.\nBitcoin’s dominance rose to a Monday high 67.47% before falling to a Saturday low 64.14%. At the time of writing, Bitcoin’s dominance stood at 64.33%.\nAt the time of writing, Bitcoin was down by 0.88% to $31,815.0. A bearish start to the day saw Bitcoin fall from an early morning high $32,099.0 to a low $31,709.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV and Crypto.com Coin bucked the trend early on, with gains of 1.59% and 0.84% respectively.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 0.97% to lead the way down.\nBitcoin would need to move through the pivot level at $32,364 to bring the 23.6% FIB of $33,008 and the first major resistance level at $33,289 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $33,000 levels.\nBarring an extended crypto rally, the 23.6% FIB and the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $35,000 before any pullback. The second major resistance level sits at $34,479.\nFailure to move through the $32,364 pivot would bring the first major support level at $31,174 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,250 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• European Equities: A Week in Review – 22/01/21\n• S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Bullish\n• Gold Weekly Price Forecast – Gold Markets Show Support\n• S&P 500 Price Forecast – Stock Markets Continue to Show Demand\n• Silver Weekly Price Forecast – Silver Has Been All Over the Place\n• US Stock Market Overview – Stocks Close Mixed but Finish the Week in the Black', 'Bitcoin , BTC to USD, fell by 2.81% on Saturday. Partially reversing a 7.02% rally from Friday, Bitcoin ended the day at $32,099.0. It was a mixed start to the day. Bitcoin fell to an early morning low $32,138.0 before making a move. The early pullback saw Bitcoin fall through the 23.6% FIB of $33,008. Steering clear of the major support levels, however, Bitcoin rose to a mid-morning intraday high $33,554.0. Bitcoin broke back through the 23.6% FIB before hitting reverse. Falling short of the first major resistance level at $34,942, Bitcoin slid to an early afternoon intraday low $31,439.4. Bitcoin fell back through the 23.6% FIB, while steering clear of the first major support level at $30,081. Finding support late in the day, Bitcoin briefly revisited $32,500 levels before easing back. The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Chainlink and Polkadot jumped by 14.87% and by 12.53% respectively to lead the way. Binance Coin (+0.09%), Ethereum (+0.09%), and Litecoin (+0.01%) also ended the day in the green. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV slid by 4.55% to lead the way down. Cardano’s ADA (-0.90%), Crypto.com Coin (-2.72%), and Ripple’s XRP (-0.12%) also joined Bitcoin in the red. In the current week, the crypto total market cap rose to a Tuesday high $1,080.72bn before sliding to an early Saturday low $812.79bn. At the time of writing, the total market cap stood at $919.19bn. Bitcoin’s dominance rose to a Monday high 67.47% before falling to a Saturday low 64.14%. At the time of writing, Bitcoin’s dominance stood at 64.33%. This Morning At the time of writing, Bitcoin was down by 0.88% to $31,815.0. A bearish start to the day saw Bitcoin fall from an early morning high $32,099.0 to a low $31,709.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV and Crypto.com Coin bucked the trend early on, with gains of 1.59% and 0.84% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink was down by 0.97% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $32,364 to bring the 23.6% FIB of $33,008 and the first major resistance level at $33,289 into play. Support from the broader market would be needed for Bitcoin to break back through to $33,000 levels. Barring an extended crypto rally, the 23.6% FIB and the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 before any pullback. The second major resistance level sits at $34,479. Failure to move through the $32,364 pivot would bring the first major support level at $31,174 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,250 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 22/01/21 S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Bullish Gold Weekly Price Forecast – Gold Markets Show Support S&P 500 Price Forecast – Stock Markets Continue to Show Demand Silver Weekly Price Forecast – Silver Has Been All Over the Place US Stock Market Overview – Stocks Close Mixed but Finish the Week in the Black', 'In this article we talked about Cathie Wood\'s recent comments about money supply, inflation, interest rates, bitcoin and present Wood\'s top 10 small-cap stock picks. Click to skip ahead our lengthy discussion and seeCathie Wood\'s Top 5 Small-Cap Stock Picks.\n"The year has certainly started off in a wild way." ARK Investment Management\'s CEO, Cathie Wood, said that for this year, she will be focusing on capital gains, tax rates and the corporate tax rates following the sweep of the democrats into both the house and the senate. "I think they will go up and that will not be good," said Wood talking about the taxes in a market update webinar of ARK Invest.\nAs of today, Wood stated that the market seems to be focusing on the odds that America will have at least another trillion dollars of stimulus and that the bull market is already broadening up. "I can say I was wrong about what I believe the impact on the stock market was going to be in the short term," she admitted while saying that they were correct however about their assumptions on the V-shaped recovery that is caused by the wobbles of the resurgence in the coronavirus\' infection and fatality rates. "The bull market is broadening out with cyclicals joining the party and actually, we\'re very gratified to see that," she stated.\nHoroscope/Shutterstock.com\n"We think we\'re in a very strong recovery on balance with the occasional wobble as we negotiate the coronavirus. We think there could be an earnings explosion". Wood marked that they are already noticing the surprises relative to their expectations and she emphasized that these were the \'biggest surprises\' she has ever seen in her entire career.\nJust last year, the S&P 500 delivered $100 in earnings on average, and with the momentum that the market has today, accordingly, it could achieve up to $200 earnings at the end of 2021.\nThe treasury yields in the final week of 2020 were breaking out above 1%, and that represents the 10-year treasury bond yield. "Most bond observers and investors I think, have been surprised at the power of the move through 1%. This seems to be breaking a long-term trend that many thought would not be broken for quite some time," she stated, explaining that this belief is due to the Fed\'s current monetary stance. One of the facts here is that the treasury bond yield is moving very rapidly through a key resistance point from the bond investors\' point of view that kept them wondering what could possibly be the reasons for it. Cathie Wood marked that this unusual move in the capital markets left the people confused because the valuations have gone too far and the long-term interest rates are also moving up which tends to be a dampener on the valuations. "Certainly, 1% does not sound like a high number b **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: 2021-01-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,749,322,862 - Hash Rate: 143884925.38771522 - Transaction Count: 253971.0 - Unique Addresses: 608849.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: When Ruffer Investment wanted bitcoin in November it turned to One River Digital, which went to Coinbase to hit the “buy” button on a purchase now worth over $745 million, Ruffer representative Jonathan Atkins confirmed to CoinDesk. In a recent portfolio update, Ruffer alluded to the involvement of the “world’s largest custodian of digital assets” without naming names. “Access to the bitcoin is controlled by multi-layer security protocols,” Ruffer wrote of its cold-storage setup. A second source confirmed to CoinDesk that Coinbase was the custodian described in Ruffer’sportfolio update. Coinbase Custody announced last month it was storing over$20 billionin customer assets. The revelation sheds light on how large investors are entering thebitcoinmarket: namely through trusted partners. Big bets in recent weeks by everyone fromMassMutualtoGuggenheimare seen as the driving force behind bitcoin’s current price rally. (MassMutual went withNYDIGfor its $100 million bitcoin buy.) Related:On-Chain Data Suggests More Institutions Are Buying Bitcoin Over the Counter As CoinDesk reported Tuesday, Rufferinvested2.5% of its $27 billion portfolio into bitcoin in November. The following day, One River Digital, a crypto-focused offshoot of volatility hedge fund One River Asset Management,came out of stealth, proclaiming it had already brokered $600 million in bitcoin andetherfor its institutional clients. Coinbase confirmed on Wednesday it was conducting trade execution and crypto custody for One River Digital. It declined to comment for this story. Ruffer owns a stake in One River Digital. Billionaire hedge fund manager Alan Howard does as well. One River Digital did not respond to a request for comment. The Ruffer revelation shows just how far San Francisco’s Coinbase is reaching into the world of fund management. Related:Coinbase Going Public Could Let the SEC Dictate Which Tokens Get Listed Earlier this month, itrevealeditself as the “primary execution partner” for MicroStrategy’s $425 million bitcoin purchase in the fall. Acase studypublished by Coinbase explained how the firm pulls off market-swamping allocations without alerting traders. Coinbase is now readying itself for a Wall Street debut. On Thursday, as bitcoin continued to race past its $20,000 ceiling into new all-time highs, the exchangeannounced it had confidentially filed for an initial public offeringwith U.S. regulators. Meanwhile, Ruffer explained in its portfolio update that macroeconomic factors guided the manager’s bitcoin bet. “The current macroeconomic environment is set up perfectly for an asset that blends the benefits of technology and gold,” Ruffer said, adding: “Negative interest rates, extreme monetary policy, ballooning public debt, dissatisfaction with governments – all provide powerful tailwinds for bitcoin at a time when conventional safe-haven assets, particularly government bonds, are perilously expensive.” Ruffer said bitcoin has grown to meet this moment. “Since 2017, billions of dollars have been invested in the infrastructure needed to support this wave of bitcoin adoption; many of the impediments to institutional investors have been dismantled.” Ruffer’s analysis was clear: the institutions are here with more on the way; the cypherpunks are fading fast. Wrote the $27 billion mega-manager: “[Bitcoin] seems set to move from being loved by the anti-establishment to being embraced by the dominant interests of the establishment.” Zack Seward contributed reporting. • Ruffer Investment Used Coinbase to Execute $745M Bitcoin Buy • Ruffer Investment Used Coinbase to Execute $745M Bitcoin Buy... - Reddit Posts (Sample): [['u/GGDD-MMEE', 'Michael Saylor sponsoring conference: Bitcoin for Corporations', 134, '2021-01-24 00:24', 'https://www.reddit.com/r/Bitcoin/comments/l3n8ar/michael_saylor_sponsoring_conference_bitcoin_for/', 'Came across the link on youtube when interviewed by CNBC (Michael Chad Saylor buys the dip). He said thousands of participants from corps and will be providing his playbook. The link is to Microstrategy website listing event content and sponsors. Probably watch youtube first for context of conference.[Bitcoin For Corporations](https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit)', 'https://www.reddit.com/r/Bitcoin/comments/l3n8ar/michael_saylor_sponsoring_conference_bitcoin_for/', 'l3n8ar', [['u/nibbl0r', 33, '2021-01-24 01:20', 'https://www.reddit.com/r/Bitcoin/comments/l3n8ar/michael_saylor_sponsoring_conference_bitcoin_for/gkgxzwl/', 'Caught my eye, too. He also promised to publish his playbook with all the legal details on how to acquire Bitcoin as publicly traded company as open source. Very much in his own interest to push Bitcoin now, but good in any case.', 'l3n8ar']]], ['u/NCF29YT', 'That’s it! I’m selling my stocks and cashing out to my bank account!', 11, '2021-01-24 00:36', 'https://www.reddit.com/r/CashApp/comments/l3ng92/thats_it_im_selling_my_stocks_and_cashing_out_to/', 'Once it’s Monday, I’m going to sell my stock and move the money to my bank account and use another platform. Either Robinhood or WeBull.\n\nTheir selections for stocks are VERY VERY limited, unlike WeBull and Robinhood. Their crypto is JUST BTC. I’m worried because of MY security with the money, and I should be safe in another platform.\n\nI suggest anyone beginning to invest to invest somewhere else that isn’t CashApp. You just might be lurking to darkness. Use CashApp for SMALL purchases...\n\nStock market is open Monday 9:30 AM. I’m selling and I’m not using CashApp for other purposes except small purchases.', 'https://www.reddit.com/r/CashApp/comments/l3ng92/thats_it_im_selling_my_stocks_and_cashing_out_to/', 'l3ng92', [['u/callmepackman', 12, '2021-01-24 01:20', 'https://www.reddit.com/r/CashApp/comments/l3ng92/thats_it_im_selling_my_stocks_and_cashing_out_to/gkgy2ca/', 'Try TD ameritrade for stocks, and coinbase for crypto 🙏🏼👌🏼🚀', 'l3ng92']]], ['u/passionsnet', "Passions Network's network of 260+ Niche Online Dating Sites is now accepting payment via Ethereum and Bitcoin", 128, '2021-01-24 00:56', 'https://www.reddit.com/r/ethereum/comments/l3ntvk/passions_networks_network_of_260_niche_online/', "This forum is directly responsible for our company setting up a payment option using Coinbase as the cryptocurrency payment processor. \n\nAfter reading (here) about another company running payments through Coinbase, we set everything up in a matter of hours. (We had no idea it was so easy or we would have done this a year ago.)\n\nWhile individual sites within our network of dating sites are free, there is a one-time-only 'Network Wide' upgrade fee to access the entire network of sites. While this has been the case for years, we only just now expanded the payment options to include ETH and/or BTC. \n\nOur guess is that most online dating sites will begin accepting cryptocurrency payments in the very near future. If they don't, they just don't understand it.\n\n&amp;#x200B;\n\n[ \\[Image by WorldSpectrum from Pixabay\\]](https://preview.redd.it/71mjl0k476d61.jpg?width=1920&amp;format=pjpg&amp;auto=webp&amp;s=9207f89337cc13ce3d38ba9c7993b6f48391dac9)", 'https://www.reddit.com/r/ethereum/comments/l3ntvk/passions_networks_network_of_260_niche_online/', 'l3ntvk', [['u/Follow_youre_heart', 49, '2021-01-24 02:00', 'https://www.reddit.com/r/ethereum/comments/l3ntvk/passions_networks_network_of_260_niche_online/gkh3oc2/', 'YieldFarmersOnly', 'l3ntvk'], ['u/insert1wittyname', 10, '2021-01-24 04:30', 'https://www.reddit.com/r/ethereum/comments/l3ntvk/passions_networks_network_of_260_niche_online/gkhmm6s/', "There's no point in trying to top this.", 'l3ntvk'], ['u/randomnomber', 11, '2021-01-24 05:29', 'https://www.reddit.com/r/ethereum/comments/l3ntvk/passions_networks_network_of_260_niche_online/gkhshq8/', "how many gf's does 1 ETH get me?", 'l3ntvk']]], ['u/Madddoge', 'BCH vs BTC, transactions rate is rising, transaction volume is rising, i will only be a matter of time before price rise. Won’t happen overnight, but it will happen', 52, '2021-01-24 01:56', 'https://www.reddit.com/r/btc/comments/l3oxaj/bch_vs_btc_transactions_rate_is_rising/', 'Sooner or later, maybe 3 weeks, 3 months or 3 years. Institutions will realise BCH has the same value and users volume as BTC. This is when price and hashrate will rise accordingly.', 'https://www.reddit.com/r/btc/comments/l3oxaj/bch_vs_btc_transactions_rate_is_rising/', 'l3oxaj', [['u/1MightBeAPenguin', 18, '2021-01-24 02:04', 'https://www.reddit.com/r/btc/comments/l3oxaj/bch_vs_btc_transactions_rate_is_rising/gkh4b04/', "Most institutions are ignorant about the topic of Bitcoin as much as maxis would like to believe they're intelligent. Even as an investor, Tim Draper, who regularly talks about how great Bitcoin is doesn't know all that much about it.", 'l3oxaj'], ['u/Outside_Town_984', 26, '2021-01-24 02:21', 'https://www.reddit.com/r/btc/comments/l3oxaj/bch_vs_btc_transactions_rate_is_rising/gkh6hok/', "BCH is a rocket waiting to take off, we just don't know how soon.", 'l3oxaj']]], ['u/prostockadvice', 'My Current Watchlist and Price Targets.', 53, '2021-01-24 02:27', 'https://www.reddit.com/r/Stock_Picks/comments/l3pg98/my_current_watchlist_and_price_targets/', '**AMD**\n\nTarget Price: $100\n\nEntry: $90\n\nRisk: 2\n\nTimeframe: 4 weeks\n\n**PFE**\n\nTarget Price: $44\n\nEntry: $35\n\nRisk: 2\n\nTimeframe: 4-8 weeks\n\n**BTC**\n\nTarget Price: $40,000\n\nEntry: $30,000\n\nRisk: 4.5\n\nTimeframe: 2-4 weeks\n\n**PLTR**\n\nTarget Price: $34\n\nEntry: $25\n\nRisk: 4\n\nTimeframe: 3-4 weeks\n\n**TRXC**\n\nTarget Price: $5\n\nEntry: $2\n\nRisk: 5\n\nTimeframe: 2-4 months\n\n**CAT**\n\nTarget Price: $225\n\nEntry: &lt;$187\n\nRisk: 3\n\nTimeframe: 2-4 months\n\n**SBE**\n\nTarget Price: $50\n\nEntry: &lt;$40\n\nRisk: 4.5\n\nTimeframe: 2-4 weeks\n\n**XPEV**\n\nTarget Price: $80\n\nEntry: $49\n\nRisk: 4\n\nTimeframe: 3-5 months', 'https://www.reddit.com/r/Stock_Picks/comments/l3pg98/my_current_watchlist_and_price_targets/', 'l3pg98', [['u/LCCfish', 17, '2021-01-24 03:31', 'https://www.reddit.com/r/Stock_Picks/comments/l3pg98/my_current_watchlist_and_price_targets/gkhfipa/', 'You forgot GME to 500$ in 2 weeks', 'l3pg98'], ['u/chaosbutters', 12, '2021-01-24 03:35', 'https://www.reddit.com/r/Stock_Picks/comments/l3pg98/my_current_watchlist_and_price_targets/gkhg4oh/', 'This guy WSBs 😂', 'l3pg98']]], ['u/cmack', 'Janet Yellen Clarifies Her Stance on Crypto', 113, '2021-01-24 03:34', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/', '[https://news.bitcoin.com/janet-yellen-bitcoin-cryptocurrency-regulation/](https://news.bitcoin.com/janet-yellen-bitcoin-cryptocurrency-regulation/)\n\nYellen replied: "I think it important we consider the benefits of cryptocurrencies and other digital assets, and the potential they have to improve the efficiency of the financial system."\n\n[https://stellar.org/learn/stellar-for-remittances](https://stellar.org/learn/stellar-for-remittances) \n[https://www.stellar.org/learn/anchor-basics](https://www.stellar.org/learn/anchor-basics) \n', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/', 'l3ql6s', [['u/lomosaur', 46, '2021-01-24 05:23', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/gkhrurz/', 'Crypto got lobbyists now sucka', 'l3ql6s'], ['u/superwonton', 12, '2021-01-24 08:31', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/gkibyn8/', 'Yellen bought the dip', 'l3ql6s'], ['u/stumoores', 38, '2021-01-24 09:34', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/gkilrxx/', 'Bankers fucked the world on 2008. Let’s not forget that. Redditors led the charge in the fight back in 2021. Let’s rejoice in that !', 'l3ql6s'], ['u/djaybe', 24, '2021-01-24 12:11', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/gkjajz7/', 'Bankers fucked the world in 1913. let’s not forget that.', 'l3ql6s'], ['u/Duke-Kickass', 19, '2021-01-24 15:11', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/gkkijb3/', 'Jefferey Epstein did not kill himself. Let’s not forget that.', 'l3ql6s'], ['u/DarthLysergis', 12, '2021-01-24 16:17', 'https://www.reddit.com/r/Stellar/comments/l3ql6s/janet_yellen_clarifies_her_stance_on_crypto/gkkzdt5/', 'The Alamo, lets not forget that', 'l3ql6s']]], ['u/Hnel11', 'How long will you hold bitcoin for?', 27, '2021-01-24 03:47', 'https://www.reddit.com/r/Bitcoin/comments/l3qt68/how_long_will_you_hold_bitcoin_for/', 'Im looking at a 10 to 15 year time frame and hopefully retire in my 40s. But I hold less than 1 btc, so maybe 20 years realistically.', 'https://www.reddit.com/r/Bitcoin/comments/l3qt68/how_long_will_you_hold_bitcoin_for/', 'l3qt68', [['u/cheese4brains', 56, '2021-01-24 04:13', 'https://www.reddit.com/r/Bitcoin/comments/l3qt68/how_long_will_you_hold_bitcoin_for/gkhksye/', 'However long it takes for science to figure out how to unfreeze me.', 'l3qt68'], ['u/Fosforus', 53, '2021-01-24 04:22', 'https://www.reddit.com/r/Bitcoin/comments/l3qt68/how_long_will_you_hold_bitcoin_for/gkhlqr4/', "That's some next-level cold storage right there.", 'l3qt68'], ['u/121310', 11, '2021-01-24 04:25', 'https://www.reddit.com/r/Bitcoin/comments/l3qt68/how_long_will_you_hold_bitcoin_for/gkhm3gb/', 'Its like asking people how long they will be holding their invested savings. \n\nThe question might rather be what are you saving for?', 'l3qt6... 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 price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.\n• Prices hit $1,454.32 – topping the previous all-time high of $1,439.33 set only last week – before settling back to $1,447.77, up more than 17% in the last 24 hours.\n• WhileETHhas trailed its larger cryptocurrency sibling,bitcoin(BTC), in its journey to new lifetime highs, it has outpaced the top cryptocurrency on a year-to-date basis with an 88% increase. BTC has risen 10.98% so far this year.\n• Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450\n• Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450\n• Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450\n• Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450', 'The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday. Prices hit $1,454.32 \x96 topping the previous all-time high of $1,439.33 set only last week \x96 before settling back to $1,447.77, up more than 17% in the last 24 hours. While ETH has trailed its larger cryptocurrency sibling, bitcoin (BTC), in its journey to new lifetime highs, it has outpaced the top cryptocurrency on a year-to-date basis with an 88% increase. BTC has risen 10.98% so far this year. Related Stories Ethereum\x92s Ether Cryptocurrency Sets New All-Time Price High Above $1,450 Ethereum\x92s Ether Cryptocurrency Sets New All-Time Price High Above $1,450 Ethereum\x92s Ether Cryptocurrency Sets New All-Time Price High Above $1,450 Ethereum\x92s Ether Cryptocurrency Sets New All-Time Price High Above $1,450 View comments', 'Bitcoin , BTC to USD, rose by 0.69% on Sunday. Partially reversing a 2.81% fall from Saturday, Bitcoin ended the week down by 9.97% to $32,320.0. It was a mixed start to the day. Bitcoin fell to an early morning low $31,709.0 before making a move. Steering clear of the first major support level at $31,174, Bitcoin rose to a mid-morning intraday high $33,174.0. Bitcoin broke back through the 23.6% FIB of $33,008 before hitting reverse. Falling short of the first major resistance level at $33,289, Bitcoin slid to a late intraday low $31,011.0. Bitcoin fell through the first major support level at $31,174 before recovering to close out the day in the green. The near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Polkadot (-4.65%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors. Ethereum rallied by 12.92% to lead the way. Binance Coin (+2.28%), Bitcoin Cash SV (+1.59%), Cardano’s ADA (+2.21%), Crypto.com Coin (+1.40%), and Litecoin (+2.43%) also found strong support. Chainlink (+0.01%) and Ripple’s XRP (+0.62%) trailed the front runners on the day. For the week, it was also a mixed week for the majors. Polkadot rallied by 16.97% to lead the way. Chainlink (+6.47%) and Ethereum (+13.09%) also found support to buck the trend in the week. It was a bearish week for the rest of the majors. Bitcoin Cash SV slid by 22.52% to lead the way down. Binance Coin (-8.64%), Cardano’s ADA (-7.06%), Crypto.com Coin (-7.98%), Litecoin (-1.14%), and Ripple’s XRP (-11.96%) also joined Bitcoin in the red. In the week, the crypto total market cap rose to a Tuesday high $1,080.72bn before sliding to an early Saturday low $812.79bn. At the time of writing, the total market cap stood at $971.22bn. Bitcoin’s dominance rose to a Monday high 67.47% before falling to a Sunday low 62.84%. At the time of writing, Bitcoin’s dominance stood at 62.75%. Story continues This Morning At the time of writing, Bitcoin was up by 1.29% to $32,736.5. A mixed start to the day saw Bitcoin fall to an early morning low $32,253.0 before striking a high $32,835.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Polkadot bucked the trend early on, falling by 0.68%. It was a bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 4.02% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $32,168 to bring the 23.6% FIB of $33,008 and the first major resistance level at $33,326 into play. Support from the broader market would be needed for Bitcoin to break back through to $33,000 levels. Barring an extended crypto rally, the first major resistance level and resistance at $33,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 before any pullback. The second major resistance level sits at $34,331. Failure to avoid a fall through the $32,168 pivot would bring the first major support level at $31,163 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $30,005. This article was originally posted on FX Empire More From FXEMPIRE: COVID-19 Vaccine Update – The EU’s Vaccine Woes Worsen and Is Unlikely to Improve Anytime Soon European Equities: Business Sentiment, COVID-19 Updates, and U.S Stimulus Chatter in Focus Natural Gas Price Fundamental Daily Forecast – Struggles to Find Footing Amid Warmer Weather Forecasts The Crypto Daily – Movers and Shakers – January 25th, 2021 Oil Price Fundamental Daily Forecast – Unexpected EIA Build, COVID-Related Demand Worries Pressure Prices Business Sentiment and ECB President Lagarde Put the EUR in Focus', 'Bitcoin, BTC to USD, rose by 0.69% on Sunday. Partially reversing a 2.81% fall from Saturday, Bitcoin ended the week down by 9.97% to $32,320.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $31,709.0 before making a move.\nSteering clear of the first major support level at $31,174, Bitcoin rose to a mid-morning intraday high $33,174.0.\nBitcoin broke back through the 23.6% FIB of $33,008 before hitting reverse.\nFalling short of the first major resistance level at $33,289, Bitcoin slid to a late intraday low $31,011.0.\nBitcoin fell through the first major support level at $31,174 before recovering to close out the day in the green.\nThe near-term bullish trend remained intact, in spite of the latest sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nPolkadot (-4.65%) saw red to buck the trend on the day.\nIt was a bullish day for the rest of the majors.\nEthereumrallied by 12.92% to lead the way.\nBinance Coin(+2.28%),Bitcoin Cash SV(+1.59%),Cardano’s ADA(+2.21%),Crypto.com Coin(+1.40%), andLitecoin(+2.43%) also found strong support.\nChainlink(+0.01%) andRipple’s XRP(+0.62%) trailed the front runners on the day.\nFor the week, it was also a mixed week for the majors.\nPolkadot rallied by 16.97% to lead the way.\nChainlink (+6.47%) and Ethereum (+13.09%) also found support to buck the trend in the week.\nIt was a bearish week for the rest of the majors.\nBitcoin Cash SV slid by 22.52% to lead the way down.\nBinance Coin (-8.64%), Cardano’s ADA (-7.06%), Crypto.com Coin (-7.98%), Litecoin (-1.14%), and Ripple’s XRP (-11.96%) also joined Bitcoin in the red.\nIn the week, the crypto total market cap rose to a Tuesday high $1,080.72bn before sliding to an early Saturday low $812.79bn. At the time of writing, the total market cap stood at $971.22bn.\nBitcoin’s dominance rose to a Monday high 67.47% before falling to a Sunday low 62.84%. At the time of writing, Bitcoin’s dominance stood at 62.75%.\nAt the time of writing, Bitcoin was up by 1.29% to $32,736.5. A mixed start to the day saw Bitcoin fall to an early morning low $32,253.0 before striking a high $32,835.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nPolkadot bucked the trend early on, falling by 0.68%.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 4.02% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $32,168 to bring the 23.6% FIB of $33,008 and the first major resistance level at $33,326 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $33,000 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $33,500 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $35,000 before any pullback. The second major resistance level sits at $34,331.\nFailure to avoid a fall through the $32,168 pivot would bring the first major support level at $31,163 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $30,005.\nThisarticlewas originally posted on FX Empire\n• COVID-19 Vaccine Update – The EU’s Vaccine Woes Worsen and Is Unlikely to Improve Anytime Soon\n• European Equities: Business Sentiment, COVID-19 Updates, and U.S Stimulus Chatter in Focus\n• Natural Gas Price Fundamental Daily Forecast – Struggles to Find Footing Amid Warmer Weather Forecasts\n• The Crypto Daily – Movers and Shakers – January 25th, 2021\n• Oil Price Fundamental Daily Forecast – Unexpected EIA Build, COVID-Related Demand Worries Pressure Prices\n• Business Sentiment and ECB President Lagarde Put the EUR in Focus', 'Bitcoin, BTC to USD, slid by 9.97% in the week ending 24thJanuary. Following on from a 6.02% decline from the previous week, Bitcoin ended the week at $32,320.0.\nA mixed start to the week saw Bitcoin rise to a Tuesday intraweek high $37,936.6 before hitting reverse.\nFalling well short of the first major resistance level at $40,389, Bitcoin slid to a Friday intraweek low $28,989.0.\nThe sell-off **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: 2021-01-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,749,322,862 - Hash Rate: 144920068.73582825 - Transaction Count: 309102.0 - Unique Addresses: 732867.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: More than half of the market professionals polled in Deutsche Bank’s latest investor survey think bitcoin and tech stocks – namely electric-car maker Tesla – are at the top of the list of bubbles in the financial markets. • The research, conducted from Jan. 13–15, indicated that 89% of the 627 market professionals polled think certain financial markets are currently caught in a bubble, asreported by CNBCon Tuesday. • Of all respondents, 56% believedbitcoinis more likely to halve in value over the next 12 months. An even larger 62% thought Tesla would see the same drop. • Bitcoin is viewed as an extreme case by half of the respondents, who rated the top cryptocurrency by market value at 10 on a 1–10 bubble scale. • However, around a quarter of respondents believed bitcoin could likely double in value by the same time next year, meaning its price tag could sit somewhere north of $70,000. • More than two thirds of the professionals surveyed believe the U.S. Federal Reserve will not end its stimulus program before the end of 2021 – a possible catalyst for further growth in the fintech sector. See also:Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey • Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey • Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey • Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey • Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey... - Reddit Posts (Sample): [['u/Vedzah', 'Buying Nano with fiat currency?', 27, '2021-01-25 00:30', 'https://www.reddit.com/r/nanocurrency/comments/l4aj54/buying_nano_with_fiat_currency/', "After a bit of research and deliberation, I took the plunge into cryptocurrency. I've already used a couple of the faucets and have a few millionths of a Nano lol (the speed of transfer is outrageous!).\n\nI've seen a couple mentions of people using USD to buy NANO, but everything I search results in using BTC, ETH, or some other altcoin to trade Nano. I'd appreciate confirmation on whether a method of trading fiat to Nano exists, and if its reliable! Thanks in advance", 'https://www.reddit.com/r/nanocurrency/comments/l4aj54/buying_nano_with_fiat_currency/', 'l4aj54', [['u/G0JlRA', 14, '2021-01-25 00:31', 'https://www.reddit.com/r/nanocurrency/comments/l4aj54/buying_nano_with_fiat_currency/gknd13l/', 'Kraken has Nano/fiat pairs.\n\nI use BinanceUS with my bank account and can buy Nano/USD there', 'l4aj54'], ['u/Vedzah', 14, '2021-01-25 00:35', 'https://www.reddit.com/r/nanocurrency/comments/l4aj54/buying_nano_with_fiat_currency/gkndidk/', 'Wow. That was a stupid easy search... I feel really dumb now. Thanks for the help!', 'l4aj54']]], ['u/intothecryptoverse', 'Ethereum Logarithmic Regression Rainbow', 98, '2021-01-25 00:43', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/', 'After using the the logarithmic regression rainbow for Bitcoin for so long, I decided to make one for Ethereum. We do not really have that much data, but hopefully it can prove somewhat useful. Here is a video on it! Let me know if you have any questions!\n\n&amp;#x200B;\n\n[https://www.youtube.com/watch?v=oRHUbK3tUdc&amp;feature=youtu.be&amp;ab\\_channel=BenjaminCowen](https://www.youtube.com/watch?v=oRHUbK3tUdc&amp;feature=youtu.be&amp;ab_channel=BenjaminCowen)', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/', 'l4asmz', [['u/tabovilla', 18, '2021-01-25 01:52', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/gknmsji/', 'Thanks for sharing Benjamin, your videos are awesome!', 'l4asmz'], ['u/intothecryptoverse', 14, '2021-01-25 02:46', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/gknt56y/', 'glad you like them!', 'l4asmz'], ['u/twoinvenice', 10, '2021-01-25 03:13', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/gknwa0o/', 'Are those rainbow ranges a custom thing that you’ve built into tradingview?', 'l4asmz'], ['u/intothecryptoverse', 10, '2021-01-25 07:35', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/gkolll3/', 'to be honest, every cycle has people saying this.', 'l4asmz'], ['u/Fheredin', 14, '2021-01-25 15:49', 'https://www.reddit.com/r/ethfinance/comments/l4asmz/ethereum_logarithmic_regression_rainbow/gkpme97/', " I am...confused. I haven't seen your Bitcoin vids, so while I understand lines of resistance and ascending and descending triangles, I don't get exactly what a logarithmic regression rainbow is supposed to do or how you mapped the rainbow to the price graph.\n\nHowever, if I may offer my $0.02....\n\nI don't think that it's really possible to assess this bull market accurately, especially ETH. The dollar and most other fiat currencies are expected to lose a significant chunk of purchasing power, and ETH 1 is a notably different beast than ETH 2.0; they will certainly have different fair market valuations, and unless there is a really big problem with ETH 2.0, it can likely command an order of magnitude higher a price than ETH's historical price. Although again, who knows?\n\nEDIT: This is probably also why several of the projections in the previous ETH price prediction link post are flawed. If you are making a price prediction based on the BTC ratio, you are not factoring ETH 2.0's higher functionality. If it can command a higher price, it may also be able to command a higher ratio. [/EDIT]\n\nI think that these reasons and a few others like them mean that if you just draw a shape on a TA price chart, you're almost certainly going to lowball the potential price action and sell too early. Conversely, if you take these factors into account, the margin of error opens up. I'm drawing best guess peak-price figures which range all the way from 7K to over 90K. \n\nAt this point I am comfortable saying I know that I don't know ETH's peak price. Timing is probably a better metric because the peak will probably be between August and November, so if you just DCA out somewhere in that timeframe you will probably outperform someone who aimed for a target price and sold out.", 'l4asmz']]], ['u/AwkwardAarvark', "Is this the last bubble and why I'd rather pay taxes than take loans against BTC", 45, '2021-01-25 00:49', 'https://www.reddit.com/r/Bitcoin/comments/l4awqz/is_this_the_last_bubble_and_why_id_rather_pay/', "Not long ago Michael Saylor has started publicly investing in bitcoin; in an interview he referred to the method of taking out loans against BTC rather than selling them. He made the example of wealthy families who have owned land in Manhattan for generations; these families take out loans against the properties. The loans are untaxed and since the price of the properties keep rising, can be paid without losing the properties. Sounds nice. Since his interview (and maybe even before) bitcoiners here and elsewhere have agreed with Saylor to do the same thing with their BTC.\n\nIn my view, that's a bad idea. Here's why.\n\n 1. Counterparty risk. If you deposit your BTC with Celsius or some other lender as collateral, you no longer hold the keys. The lender might get hacked or otherwise go belly-up, and you'll be out of your collateral. Whether this is an acceptable risk is a personal matter.\n\n 2. The strategy is based on the assumption that BTC will keep rising in value. (If BTC does not rise in value, then the loan will come due, with interest, and the collateral may not suffice to cover both, making the loan a very bad investment.). The second risk is thus - **what if the 2021 rise is bitcoin's last bubble**?\n\nIt think this might be the last bubble. Over a year ago, [someone else made the argument](https://forums.prohashing.com/viewtopic.php?f=11&amp;t=6423) that there is only room for one more bubble. While that post is worth reading, here's why I think there's little room left to grow after this bubble.\n\nLet's assume that the top of the current bull market/bubble is at $150,000. Not unreasonable. That gives a market cap of $2.25 trillion (assuming only 15 million BTC in circulation). That puts BTC at around 20% of the [gold market cap](https://companiesmarketcap.com/gold/marketcap/). That would make bitcoin a major player.\n\nA following bubble (maybe sometime around 2024), which increases the price by, e.g. 10x (i.e. to 1.5 million per BTC) would put us at a whopping $22.5 trillion market cap. That's [two thirds of the S&amp;P 500.](https://ycharts.com/indicators/sp_500_market_cap) It's nearly [half of all the US stock market](https://siblisresearch.com/data/us-stock-market-value/). It would [exceed M2 money supply](https://www.investopedia.com/terms/m/m2.asp).\n\nSo much for comparisons. None of this means that bitcoin *cannot* reach such lofty heights, especially in a globalized economy. It's possible, maybe even probable. However, I think it will become increasingly *unlikely,* and it is certainly not inevitable. Government and institutional resistance is likely to grow exponentially. While governments cannot regulate bitcoin itself, they can regulate bitcoin's interactions with their economies. China, for instance, limits the amount of Remninbi a person can convert to US$ to $50,000. Is it inconceivable that governments will limit the amount of BTC that can be exchanged for fiat, or for goods and services per person? Especially if prompted to do so from powerful lobbying interests?\n\nTime will tell. I could be wrong, which is why I post this here. I'm curious about your thoughts.\n\nPersonally, I would plan to cash out whenever you think this bubble has reached its top (though keep some BTC just in case). That's what I plan to do with my (very modest) BTC holdings. Simply put - for my risk tolerance - the combined risks of counterparty failure leading to a loss of BTC together with the possibility of this being the last bubble means that paying capital gains taxes is more acceptable than carrying those risks.", 'https://www.reddit.com/r/Bitcoin/comments/l4awqz/is_this_the_last_bubble_and_why_id_rather_pay/', 'l4awqz', [['u/uxeen', 28, '2021-01-25 01:33', 'https://www.reddit.com/r/Bitcoin/comments/l4awqz/is_this_the_last_bubble_and_why_id_rather_pay/gknkfmn/', 'he did not recommend taking loans against bitcoin or any other “market value” asset. he said take loans against fixed value assets like a house or a car.\n\nthe main point he was making was never sell your bitcoin. he said develop a relationship with a bank and take loans out when you need liquidity to avoid selling your asset. he specifically recommended taking loans against assets like your home, and avoid taking loans against assets that will fluctuate wildly.\n\nyou can use your bitcoin as a factor in getting a loan by including it in your “total wealth.” this is not the same as collateralized loans with bitcoin.', 'l4awqz'], ['u/Perringer', 21, '2021-01-25 01:40', 'https://www.reddit.com/r/Bitcoin/comments/l4awqz/is_this_the_last_bubble_and_why_id_rather_pay/gknlczs/', "A rising asset does not require bubbles in order sustain its value as collateral or an interest bearing item. It simply needs to rise, long term.\n\nIf you're making the argument that bitcoin will fail and fade after this last building bubble, that's an entirely different argument.\n\nIf you're in bitcoin for the long haul and reasonably believe it will ... 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:** ['LPETTET / Getty Images Everyone needs to invest. In terms of classic pearls of wisdom in the personal finance sphere, “invest your money” is right up there with “have an emergency fund” and “make a budget.” Despite the fact that putting some portion of your savings to work in stock and bond markets is almost universally acknowledged to be sound advice, almost half of Americans aren’t investing. Given how powerful a tool investing can be, that’s downright tragic. See: 26 Smartest Ways To Invest Your Money Right Now Case in point: Imagine that at age 35, your long-lost uncle dies and leaves you $10,000. You’re trying to decide between just parking that money in your savings account — one of the safest options imaginable — and investing money in shares of an S&P 500 exchange-traded fund, an investment designed to match the performance of the index. How would your decision play out after 10, 20 or 30 years? Take a look at the table to see how that $10,000 could grow: What a $10,000 Investment Would Be Worth Over 30 Years Investment Estimated Annual Return After 10 Years After 20 Years After 30 Years Savings Account 0.1% $10,100.45 $10,201.91 $10,304.39 S&P 500 ETF 10% $25,937.42 $67,275 $174,494.02 Whereas the average interest rate paid on a savings account is 0.1%, the average annual return on the S&P 500 has come out to roughly 10% over the years — about 100 times more. That means an average savings account will yield about $100 a decade for every $10,000 while the S&P 500 should more than double the value of your money over the same time period if returns are in line with historical norms. So if you’re among those Americans who still aren’t investing, it’s time to get yourself into the game. Although investing can feel intimidating from the outside looking in, understanding a few basic topics can help you get started even when you don’t have a lot of money to spare. Whether you’re starting with $5 or $5 million, some simple strategies can help keep your risks low and your money growing. Story continues Here’s what this guide to investing your money will cover: What Is Investing and Why Is It Important? What’s Your Investment Strategy? Deciding What To Invest In Investment Accounts Choosing a Broker To Manage Your Investments Common Investing Mistakes What Is Investing and Why Is It Important? On the most basic level, investing is about letting other people use your money. Everyone has to save, be it a rainy day fund or for a major purchase. At the same time, businesses need to spend: on staff, on R&D, on repairs. And most businesses need to spend more than they can get their hands on, even if only temporarily, to keep growing. Investing is the brilliant compromise that makes the money people save temporarily available to businesses that need to borrow. In many cases, you aren’t putting money directly into the hands of a business owner, but almost every transaction involved with investing echoes back to this basic principle at some point — even your savings account. The reason your bank pays interest on your savings account is that it takes a certain percentage of deposits and uses them to make loans, creating profits it shares with you. Not only is your savings account a way to keep your money safe and growing, it’s also playing some role in helping local small businesses get the loans they need. A Guide for Beginners: How To Start Investing Compound Interest Compounding interest refers to the fact that the longer you invest, the faster your money grows. That’s because gains from the money you make from your investments become part of the new basis from which new returns grow. That makes your returns bigger, which makes your investments, and thus your future returns, even bigger. Over time, that can have an exponential effect that’s surprisingly effective. Say you find a high-yield savings account offering a 2% interest rate and park $10,000 there. At the end of the first year, your initial $10,000 will have grown by 2% and you’ll be sitting at $10,200. In that second year, you collect 2% of $10,200, so your interest payment goes from $200 to $204. In year three, you get 2% on $10,404, so you collect $208.08. Over a long enough period, your original $10,000 keeps gathering momentum, like a snowball rolling downhill. Compound Interest Means the Earlier You Invest, the Better You’ll Do Thanks to compound interest, every additional year you leave your savings untouched means an even bigger payout than the year before. Take a hypothetical example of two sisters: Ruth and Erica. Erica had the good sense to take her $10,000 graduation present from grandma, park it in an S&P 500 ETF and then completely forget about it. Ruth, on the other hand, spent grandma’s $10,000 graduation gift on a car, but she started saving 10% of her income a year at age 45 and matched the $10,000 Ruth stashed away each and every year for 20 years. Clearly, Ruth wound up with the larger retirement fund, correct? After all, by age 65, she had invested 20 times as much money as Erica had, and in the exact same investment vehicle. Guess what? Despite failing to save a penny aside from that one investment early on, Erica’s fund is now worth $881,974.85 after compounding at 10% a year for 47 years. Ruth’s fund, despite her investing $200,000 to Erica’s $10,000, is worth $640,024.99. Alas, you can’t travel back in time and invest $10,000 as a teenager, but you can take to heart just how important it is to start investing as soon as possible if you haven’t already. Check Out: 13 Toxic Investments You Should Avoid What’s Your Investment Strategy? Getting the right investment strategy isn’t about having an encyclopedic knowledge of investment products. It’s about what matters the most to you. What are your plans for the future? What are your financial goals? Before you even begin to think about what to invest in, you should have a strong sense of what it is you’re investing for. Here’s what to consider when figuring out your investment strategy: 1. Risk A crucial step in formulating an investing strategy is to figure out what sort of risk profile you want as an investor. Every investment involves risk, and generally speaking, more risk means higher returns and vice versa. In every portfolio, few things matter as much as that dance between risk and return. It’s a careful balance that’s ultimately going to be different for every person. Learn: Ways Investing Will Change in 25 Years 2. Time Frame Another essential factor in developing an investing strategy is when you plan on using your money. Before you can buy a house or start funding your retirement, you’ll need to sell off investments to convert them back into cash. In some cases, selling them at the wrong time can mean you wind up with a lot less. Knowing when you will need to turn your investments into cash, to the degree that’s possible, will help you maximize your earnings. Short Term: Most short-term investments focus on minimizing risk. But the investments that might produce a large gain over a short period of time often have a strong chance of producing a large loss. If you’re going to be cashing out in the near future, you don’t want to be forced to sell at a loss. That’s part of why most financial advisors tell people to begin shifting into more stable investments as they near retirement. Intermediate: With a little more time comes more flexibility to assume risk with less chance of having to sell something before the right time. You might even be able to put a small portion of your money into higher-risk investments because you have a little more time to ride out any ups and downs. But you should start shifting away from that risk the closer you get to needing your money. Long Term: Long-term investing can mean taking on a bit more risk. Because you’re not going to sell any time soon, you can just wait out the ups and downs and stay focused on the trends that play out over years and decades rather than weeks and months. But, once again, keep an eye toward when you will eventually be cashing in so that you can keep shifting into more stable investments over time. Read: Do I Need a Financial Advisor? Deciding What To Invest In Eventually, the rubber meets the road and you have to make some choices about what to invest in. Don’t worry if you find that terrifying. There are a great many investment products built precisely with you in mind, giving you a chance to make simple, easy-to-understand choices without taking unnecessary risks. 1. Stocks Stocks often get the lion’s share of public attention, due in no small part to their volatility. Stocks are among the riskiest investments you can go for, but how much risk you actually take can vary widely depending on your approach. Simply put, a stock is a tiny little piece of a company. The more successful the company, the more valuable its stock becomes. As such, investors buy stocks because they expect to be able to sell them for more later — if they’re particularly good at predicting which companies outpace market expectations, maybe a lot more than they bought it for. That does mean stocks are one the riskiest and most volatile investments. The prospects of a single corporation, even a big one, can be a veritable crapshoot. Even a casual observer of the stock market is probably aware that there’s a crash every decade or two that can send values diving across the board and take years to recover from. Although the short-term perspective on stocks can be chaotic, the long term can be remarkably stable. Whereas the S&P 500 has had individual years where it lost a third of its value, the good years and the bad still average out to a gain of about 10% a year — a return that’s hard to match elsewhere. And it’s also important to remember that there’s a whole range of risk levels when it comes to stocks. Smaller companies, or “penny stocks,” are incredibly risky, but established, “blue-chip” stocks are more stable and less risky by orders of magnitude. **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: 2021-01-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,749,322,862 - Hash Rate: 166658079.0462025 - Transaction Count: 336935.0 - Unique Addresses: 768537.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A startup called Core Scientific announced this week that it hasraised$23 million to expand its cryptocurrency mining operations. The company, based in Bellevue, Wash., is already running crypto mines in North Carolina, Georgia, and Kentucky, and plans to open more before long. It’s not hard to understand why. Right now, a single Bitcoin—the digital mining equivalent of a gold nugget—is worth around $20,000. Mining a single Bitcoin block brings a reward of 6.25 of them, or about $125,000. If Core Scientific’s mining ventures are successful, the company will not just make a lot of money. It will also help to repatriate crypto production to the United States, where Bitcoin got its start. The recent resurgence in crypto mining feels like a good-news story. Mining companies like Core Scientific are in a position to make money and create jobs in rural areas, while also ensuring more Bitcoin—which is becoming a strategic asset—ends up in American hands. But there are also reasons for caution. The last crypto-mining boom promised similar benefits but resulted in fly-by-night companies leaving a trail of scams and environmental degradation in their wake. Will the outcome be any different this time? Mining cryptocurrency is different from conventional mining in some obvious ways. There’s no excavating and hauling ore. And the tools of the trade are not pickaxes and dynamite. Instead, crypto miners rely on two things to make a living: custom-designed computer chips and a torrent of electricity. A crypto-mining operation looks like this: In order to find a digital nugget, crypto miners pit their computers against others around the world in a race to solve complex math problems. The computer that solves the problem broadcasts the solution to others on the network and, in doing so, adds a block tothe blockchain—a tamperproof ledger that serves as a public record of transactions. For their trouble, the owner of the winning computer pockets the “block reward,” which is 6.25 Bitcoins in the case of Bitcoin plus transaction fees. The process is repeated every 10 minutes or so. In the early days, when it was still viable to mine Bitcoin with a home laptop, a large proportion of crypto mining took place in the U.S. But as the computer power needed to solve the math problems increased, Chinese mining operations came to dominate. The Chinese miners enjoyed two advantages: easy access to cheap power, including in places like Mongolia, and a domestic manufacturing base capable of cranking out so-called mining rigs—computers with custom chips made just for mining. While there are other mining operations around the globe, China remains far and away the leader, as can be seen inthis chartfrom the Cambridge Centre for Alternative Finance: Now, some U.S. companies believe they can wrest some of the mining pie back from China. In the case of Core Scientific, it has struck arrangements for cheap power across five sites, spanning over 100 acres in total, in Dalton, Ga., Marble, N.C., and Calvert City, Ky. The firm has also cut deals with Chinese manufacturers to get first dibs on the newest mining rigs, and plans to mine not just Bitcoin but so-called alt coins like Litecoin, Bitcoin Cash, Zcash, and Ethereum. Core Scientific is now one of the biggest U.S. miners, but its operations are part of a still larger plan. That plan is being steered by an outfit called Foundry, which is behind the just announced $23 million investment in Core Scientific. Foundry is a subsidiary of Digital Currency Group (DCG), a sprawling crypto conglomerate that recently announced it wouldspend $100 millionon mining initiatives. According to Foundry CEO Mike Colyer, boosting crypto production in the U.S. will serve to strengthen Bitcoin’s network by diversifying the miners who maintain it. “The only way Bitcoin works is when it’s distributed through the world and when it’s decentralized,” says Colyer, who predicts the share of U.S.-produced Bitcoin could rise to 25% in the next few years. Put another way, the U.S. mining ventures will help ensure that no consortium of miners can collude to manipulate the blockchain network. Such collusion requires a single entity to control over 50% of the network—a risk that is is remote in the case of Bitcoin, but which has transpired in the case of smaller digital currencies. Foundry’s mining initiatives offer the promise of strengthening Bitcoin’s network—and, of course, giving the company a chance to make money—but may also reflect another strategic imperative. Namely, as demand for Bitcoin increases in the market, more companies may wish to have a private supply of it to facilitate trading operations. In the case of DCG, which has a giant consumer Bitcoin business, Foundry’s ventures may help facilitate vertical integration. “Mining is a great way to accumulate Bitcoin. With the correct setup, you can mine it cheaper than you can buy it,” says Amanda Fabiano, who formerly oversaw mining operations at investment giant Fidelity and now does the same for crypto-trading firm Galaxy Digital. To get a different perspective on Bitcoin mining in North America, I spoke to Steve Wright, the general manager of a public utility in Chelan County, Wash. During the last big Bitcoin boom in 2017, Wright had to contend with a crush of mining companies asking to tap into the county’s ample hydroelectric resources. “We had a lot of companies come in and say, ‘We’re going to do great things,’ and then they would be gone from the face of the earth,” Wright recalls. “People would say, ‘We’re here for long term,’ and then nobody would pick up the phone.” Problems also came in the form of reckless operators who overloaded transformers, triggering fires. Meanwhile, the crypto miners who wanted to set up shop demanded the low electricity rates available to locals. For Wright, agreeing to those demands risked undercutting the profits the utility earned from selling its hydropower at higher rates to outside markets. Wright also faced pushback from county residents who questioned whether it was ethical to expend energy on something like Bitcoin mining. “When you have a green supply of power and you have a carbon-challenged world, people were asking if this is the best use of that power,” said Wright, whose job involves overseeing Columbia River dams like the one below. The debate over the environmental impact of crypto mining is not restricted to Chelan County. The payment giant Square, which recentlybought $50 millionof Bitcoin for its corporate treasury,announceda $10 million pledge this week to support a “Bitcoin Clean Energy” initiative as part of a larger plan to become carbon neutral by 2030. Meanwhile, other U.S. companies are finding creative ways to reduce Bitcoin’s environmental impact. Fabiano of Galaxy Digital pointed to three firms in the oil-and-gas field—Crusoe Energy, Great American Mining, and Upstream Data—that arecapturing the energytypically wasted through flaring (when shale drilling rigs burn off excess natural gas) to power crypto mining. All of this may help assuage critics who view Bitcoin mining as an environmental disaster. But firms like Core Scientific also have to overcome another public relations problem: that mining operations are run by shifty carpetbaggers who will leave local communities in the lurch. This perception is another legacy of the 2017 Bitcoin boom when digital miners—who typically share the libertarian, borderless worldview of the larger crypto community—took towns across the country for a ride. The most famous example is Rockdale, Texas. The town became the subject of aWiredmagazine featureabout how a Chinese firm, Bitmain, touted a new Bitcoin venture that would help replace jobs and revenue that had been lost when anAlcoaplant closed. Rockdale town officials put on lavish dinners to make the mining executives feel welcome but, as happened in Chelan County and elsewhere, they vanished into the night. As for jobs, cryptocurrency mining operations may provide a handful of new positions for local residents. But Wright says the employment opportunities are nothing like what a recently closed aluminum plant used to provide—meaning his county has less reason to roll out a welcome mat for crypto companies. Colyer, the Foundry CEO, acknowledges the crypto-mining industry must overcome deep levels of mistrust. But he insists ventures like Core Scientific are a different breed from past fly-by-night operations. “In 2017, there were lots of people making huge promises, running around the company, and scaring local governments. A lot of those people have disappeared, and the companies that are left are legitimate,” he says. But even if the North American mining companies can overcome public skepticism, they will also have to prove they can succeed in a venture that has mostly been defined by failure. A successful crypto-mining operation requires the use of new machines built with ASIC chips—a type of computer chip custom-built for a specific purpose. In the case of Bitcoin mining rigs, the chips are specially designed to crunch the math problems that build the blockchain. This raises an obvious question: If a company can manufacture the best mining rigs, why would it sell them rather than set up a Bitcoin-mining operation of its own? And indeed Bitmain, one of the two Chinese companies that makes most of the machines, has faced past accusations of passing off used mining rigs as new. Meanwhile, the company is the subject of an ongoingclass action lawsuitthat claims it surreptitiously mined Bitcoins purchased by its customers. The allegations are unproven, and Bitmain denies wrongdoing. But the situation appears to pose a risk for the likes of Foundry and Core Scientific, which are not only undertaking their own mining operations but plan to supply machines to other companies. Colyer of Foundry says that such concerns were valid in the past but that the mining industry has evolved to eliminate self-dealing by the Chi... - Reddit Posts (Sample): [['u/j-corduroy', 'Just Got SIM Swapped', 97, '2021-01-26 00:27', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/', 'Yep.\n\nAnd for the record when the crypto market goes nuts I am not recommending your sloppy asses to anybody. \n\nGot an email saying my number was changed to some random ass 31 digit number (new SIM). Yes i lost service on my phone. They used my number to get into the related email on the Ledger receipt but luckily it was the spam one so there wasn\'t any info they didn\'t already have in there. But even then I\'m not sure what they did or will do. I did not click any phishing links. Never shared anything w anybody. I had a SIM PIN and everything. The carrier is T-mobile if it means anything. (It does check comments) \n\nI\'m aware that most of our data is already out there but god damn. I now shit myself everytime my phone lights up. And yes my other emails use authenticators and yubi’s. I know, I know. \n\n&amp;#x200B;\n\nUPDATE #4: 3rd T-Mobile rep said it was done in store.\n\nUPDATE #3: SIM PIN was ENABLED. the T-Mobile account PIN was enabled. Either T-mobile is trash or somebody there is cooperating. \n\nUPDATE #2: 31 digit number was a sim. overseas.\n\nUPDATE #1: Regained access to my email. They 100% were the Ledger nappers. Checked my inbox searches and it was search queries for "coinbase" and "btc".', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/', 'l50k31', [['u/stoneyxbear', 12, '2021-01-26 01:16', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/gkrp9kk/', 'i just got sim swapped less than a week ago too.', 'l50k31'], ['u/VariousJackfruit', 32, '2021-01-26 01:27', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/gkrqirp/', "&gt;Some random ass 31 digit number\n\nThis doesn't sound like a SIM swap. A SIM swap is when they change the SIM associated with your mobile carrier so they effectively take over your mobile account and can then get your 2FA SMS codes. You wouldn't get a new number in that case, but your phone wouldn't work with your existing number anymore.\n\nEdit: see my comment below, this could have been the serial number of the new SIM if OP was indeed SIM swapped", 'l50k31'], ['u/1solate', 34, '2021-01-26 01:33', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/gkrr7zd/', "Everyone: **Disable SMS 2FA wherever possible. These attacks are so common in crypto and pretty fucking easy.**\n\nAll they have to do is gather some basic public information about you, then convince an underpaid wireless carrier customer service agent (or have a friend) that they're you and bang, they're on your number. And any service that uses SMS 2FA to reset your password is immediately and entirely compromised.\n\nThis isn't really limited to the Ledger hack, though perhaps they get a target list.\n\nFor those unaware, the common alternative 2FA to SMS is TOTP(Google Authenticator, Authy, etc). This is not something dependent on your wireless carrier giving a shit about your security.", 'l50k31'], ['u/j-corduroy', 17, '2021-01-26 01:42', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/gkrs8fz/', 'nah it was a sim swap, my service went out and everything. my carrier verified that my number was changed right before i called but they didnt understand how or why when i explained that the thief had none of the necessary information to change anything in my account. i had to explain to them what a sims wap was.', 'l50k31'], ['u/VariousJackfruit', 12, '2021-01-26 01:46', 'https://www.reddit.com/r/ledgerwallet/comments/l50k31/just_got_sim_swapped/gkrso42/', 'Was the 31 digit number actually the serial number of the new SIM card then? (and not a new phone number) That makes a lot more sense I guess.', 'l50k31']]], ['u/Dizzyfigz', 'Moving my bitcoin onto my Ledger', 11, '2021-01-26 01:01', 'https://www.reddit.com/r/shakepay/comments/l519m5/moving_my_bitcoin_onto_my_ledger/', 'Hey guys I initially purchased around &gt;1K of Crypto earlier this year and now I want to increase the security of my crypto by moving it onto my ledger. Is there an easy way to go from Shakepay to my ledger or will I have to use a different app to do so, if this is the case do people have recommendations on the cheapest apps to do this. \n\n&amp;#x200B;\n\nThanks in advance!', 'https://www.reddit.com/r/shakepay/comments/l519m5/moving_my_bitcoin_onto_my_ledger/', 'l519m5', [['u/Tristan49', 10, '2021-01-26 01:08', 'https://www.reddit.com/r/shakepay/comments/l519m5/moving_my_bitcoin_onto_my_ledger/gkrob5k/', 'Great idea -- super simple to withdraw to your Ledger Wallet. Generate a deposit address on your ledger for ETH or BTC, and then send from Shakepay (they cover fees).', 'l519m5']]], ['u/Matthews413', 'Young? No dependants? Now is your time.', 779, '2021-01-26 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/', "I am about to turn 40 years old. I have a wife and 4 kids. I can't take huge chances with my finances anymore. If you don't have people that rely on your income now is your chance. Invest in what you believe in. Don't be afraid to take chances, but also take some profits along the way. Bitcoin and ETH are both great opportunities. Invest in yourself and your future will be bright. It's not too late for me, I have a great life and will be able to reture someday. For you, you can make this happen now and become rich. Do your research, invest, win.", 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/', 'l51b8p', [['u/Matthews413', 24, '2021-01-26 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrod42/', 'I do, and am invested in both crypto and stock. I just wish I did it 20 years ago.', 'l51b8p'], ['u/mxkaelll', 12, '2021-01-26 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrojtj/', 'just invested for the first time yesterday', 'l51b8p'], ['u/NiGhTShR0uD', 239, '2021-01-26 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkror0z/', 'Let the pamp be with you, my friend.', 'l51b8p'], ['u/102091101', 18, '2021-01-26 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrosld/', "Just a thought. You have 4 kids. Do you believe enough in a Crypto that it will be intergenerational - a house deposit for the youngest hitting their 30's?", 'l51b8p'], ['u/Matthews413', 11, '2021-01-26 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrp9hl/', 'I believe enough that crypto will be the currency of the future. Which crypto is yet to be seen. My current investing is for my own retirement and college funds for the kids. If I meet my goals for those I certainly would like to put away more to make life easier for them, but more importantly I am teaching them the same thing I am telling you all.', 'l51b8p'], ['u/shelf360', 16, '2021-01-26 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrpcuu/', "Hang on fella I'm not being smart at all as I am currently invested in both. I was just more interested in his opinion on the stock market as he doesn't directly mention it. No need to be like that is there?", 'l51b8p'], ['u/itsadiseaster', 42, '2021-01-26 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrtlfo/', 'Pump it up!', 'l51b8p'], ['u/turpajouhipukki', 168, '2021-01-26 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkru2k1/', 'Never had enough money to even jokingly think about getting kids, so all in crypto. Sounds good to me.', 'l51b8p'], ['u/Ylong', 114, '2021-01-26 02:13', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrvmxn/', 'In my 20s.more than 90% of my money in crypto', 'l51b8p'], ['u/ThatsYourHomeBall', 36, '2021-01-26 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkry0p4/', "What's your split / portfolio looking like?", 'l51b8p'], ['u/GamerSnail_', 20, '2021-01-26 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gkrz9ye/', 'Just turned 18 and the first thing I did was bought some BTC and ETH. Not a lot, but hodling for a long time is the plan (unless somehow I could pay for college in a few years with it :). A few months later I’m DCA too', 'l51b8p'], ['u/PrinceWhoPromes', 32, '2021-01-26 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gks0hnf/', 'I’m 22 and strongly considering going all in', 'l51b8p'], ['u/MatrimSai', 25, '2021-01-26 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/l51b8p/young_no_dependants_now_is_your_time/gks1z0y/', "I think that's a very bad idea, unless you want to just hope for the best. Maybe like 5-10% into crypto. But really, If OP isn't already aware, they should look into 529 accounts for the kids. Earnings in a 529 account grow tax free and are not taxed when taken out for cover educational expenses.\n\nI have 2 kids and have $100/month put in each kids 529 account. Assuming 6% return annually I'll have about $37K for each of them when they turn 18. I'll likely throw a grand in some years from my bonus which could add another $10-15k. Average cost of in state tuition at a public university is \\~$10K/year. This is expected to grow at \\~4%/year. With all that said, I'm not expecting to pay for 100% of their college - but aiming for 50%. I had to 100% fund my own (BS &amp; MS), so any leg up I can give them will have them better off than where I started.\n\nAnother note... 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 Equaliser combines the power of DLT and AI to trade BTC CFDs at an extremely high win rate. The robot could earn up to 80% in daily ROI.\nLondon, United Kingdom, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Investing in cryptocurrency is one of the biggest trends of the decade, with hundreds of thousands of people across the globe making use of the rise of Bitcoin to make money quick.\nUnlike other “get rich quick” schemes that can cause people to risk big money in high-risk markets, Bitcoin and its trading platforms make sure investors are always in control and there is always a chance to make a big profit. The best platform for this? Welcome Bitcoin Equaliser.\nWant to start trading for big profits, fast? Sign up for Bitcoin Equaliser here\nIt’s one of the most popular and talked-about crypto trading platforms on the market, asking very little of its users and giving a high-profit return. Daily profits, high-tech features, intelligent algorithms, and market-leading trading helps Bitcoin Equaliser be a major leader against its competitors.\nIt’s no surprise, therefore, that it’s featured in some of the world’s most recognised publications including CNN, Time, and Forbes. Bitcoin Equaliser takes centre stage for cryptocurrency trading because it reduces the risk of human error and puts trading in the hands of its intelligent bot. But what exactly IS Bitcoin Equaliser?\nWhat is Bitcoin Equaliser\nBitcoin Equaliser is an automated trading platform forcryptocurrency Bitcoin. It allows people to buy and trade Bitcoin whilst doing all of the work in the background for the user. Since it was released back in 2009, Bitcoin has been one of the most influential and profitable ways of investing, making it an easier way to invest.\nBitcoin Equaliser simplifies the process further by giving users a platform that finds them the best deals at the best time to maximise their return and prevent loss.\nThe best part is it uses its own personal algorithm built by expert mathematicians to identify these deals, always trading behind the scenes in the current time, identifying trends in the market, and finding ways to avoid loss.\nWith its 99.4% accuracy level, you can rest assured that your investments are made on the right deals, so a good profit can be made on a daily basis. Most of its functionality requires one-click to automate so users can sit back and watch their profit roll in!\nWhy use Bitcoin Equaliser\nHaving a passive income on the side is always helpful for day to day expenses, especially since you don’t have to put much time or effort into it. For a small amount of money (Bitcoin Equaliser requires just a $250 deposit to begin with), you’ll get to reap the rewards over and over again. Better yet, there’s no signup fee and you’ll be assigned a Personal Account Manager to help you manage your investments and get the most out of the platform.\nHow to use Bitcoin Equaliser\nLuckily for its users,Bitcoin Equaliseris very easy to use. To sign up for an account, all you need to do is have access to the internet where you can fill in the registration form with your name and valid email address. Once you’ve signed up, you’ll need to deposit the minimum amount of funds required which is just $250, so you can start trading instantly! You can deposit your funds using any major credit or debit card and they also offer a whole host of other popular payment methods should you wish to use those instead.\nFor extra help and support, you can also provide your phone number on the last step of setting up your account so your Personal Account Manager can reach you to help you drive profits and maximise your investments. One of the many advantages of using Bitcoin Equaliser is that it allows you to withdraw your funds at any point, so you have unlimited access to your money when and as you need it.\nBe kind to your bank balance! Sign up here with Bitcoin Equaliser start building big bucks now.\nHow much money you will make from Bitcoin Equaliser\nHow much money you make from Bitcoin will depend on how much money you invest and how many risks you are willing to take. The higher the deposit and the higher the risk, the higher the profit. Bitcoin Equaliser always finds you the best deals possible so profit can be made on a daily basis, especially if you trade for 20 minutes or so per day. Many online customer testimonials claim to have made thousands of pounds from using Bitcoin Equaliser and couldn’t believe how easy it was to make money without having to do much!\nTrusting Bitcoin Equaliser\nThere are many unreliable trading platforms online, especially since the emergence of Bitcoin but unlike those platforms, Bitcoin Equaliser is 100% trustworthy and reliable. It has many customers who can guarantee this alongside its big media presence and professional website.\nMain benefits of Bitcoin Equaliser\nTrade with your mobile\nYou can trade on the go by using your mobile to access Bitcoin Equaliser and trade Bitcoin! Regardless of your device, all you will need is the internet but be certain your connection can be trusted when signing into your Bitcoin Equaliser account.\n0.01 seconds faster than its competitors\nBitcoin Equaliser’s unique algorithm allows it to find deals on the market 0.01 seconds faster than its competitors meaning you’ll get access to them before anyone else. The time gap is one of the most beneficial features of Bitcoin Equaliser, allowing you to always be ahead of the game.\nOptimised for high-profit return\nWhether you’re an experienced investor in Bitcoin or you’re completely new to investing, Bitcoin Equaliser is the perfect way to trade. With daily profits ranging from $500 to $2,000 for many existing customers, it’s not surprising why it has thousands of loyal users trade Bitcoin investments through its platform. Better still, you can begin making money instantly after creating your account.\nDemo trading functionality\nIf you are an inexperienced trader,Bitcoin Equalisercaters directly to your needs with its demo trading functionality. Before you start trading with your money, it allows you to use the demo trading feature to practice and get a feel for the platform and how it works. This helps you to build trust and get comfortable with the system before you start live trading.\nStop-loss feature\nOne of the biggest benefits of using Bitcoin Equaliser to buy and trade Bitcoin is its stop-loss functionality. You can set your stop-loss at the appropriate limit for you so you can be protected against high-risk trades and any high-level potential losses.\nSet your own trading parameters\nBitcoin Equaliser is a platform that makes sure that you have the ultimate control over your own finances and trading decisions and that’s why it allows you to set your own trading parameters that are appropriate to you and your funds. This is a massive benefit for users as they don’t have to accept parameters that could be potentially damaging to them or cause them concern.\n24-hour customer service\nBitcoin Equaliser always puts their users first and that’s why they offer 24-hour customer service to ensure everyone gets the most out of their platform. Whether you have a general query, need help with functionality, or have an issue with the platform’s performance, the helpful customer service will be on hand to help you through anything and everything!\nConclusion\nInvesting in Bitcoin can be lucrative, especially as it has made thousands of people millionaires over the last 10 years, but only if you use the best trading platforms on the market. Bitcoin Equaliser is by far one of the best-automated cryptocurrency systems on the market with its 99.4% trading accuracy, stop-loss benefits, data security measurements, and zero sign up fees.\nMaking money quickly can be a challenge with other Bitcoin trading systems but Bitcoin Equaliser can guarantee a daily profit as long as you set your parameters and spend a little time on the platform every day. It’s a passive income that can generate a huge profit so sign up today.\nDiscover the wonders of passive income with minimal work! Sign up for Bitcoin Equaliser right now.\nAbout Finixio\nFinixiois a leading media company that runs 15+ leading comparison brands across the Personal Finance, Cryptocurrency & Technology industry. Get in touch with our business team to find out more about how we can drive targeted traffic and customers to your brand.\nMedia Contact\nContact: Abbas AliCompany: FinixioEmail:[email protected] Website URL:https://finixio.com/London, United Kingdom\nDisclosure:\nThis product review is for informational purposes only. The information does not constitute advice or an offer to buy. Any purchase made from this story is made at your own risk. Consult an expert advisor/health professional before any such purchase. Any purchase made from this link is subject to the final terms and conditions of the website selling the product. The content on this release does not take any responsibility directly or indirectly.\nThis news has been published for the above source. Finixio [ID=16525]\nKISS PR PRODUCT REVIEWER COMPENSATION DISCLOSURE\nPursuant to the Federal Trade Commission\'s guidance of the public in conducting its affairs in conformity with legal requirements comprised in 16 C.F.R. § 255et seq. on the use of endorsements and testimonials in advertising, thisProduct Reviewer Compensation Disclosureis provided by KissPR.com LLC and its affiliated entities (hereinafter referred to collectively as “KISS PR”). This disclosure applies to content displayed on all mobile, desktop, and other online versions of KISS PR’s websites and to those of KISS PR’s distribution partners (hereinafter referred to collectively as “the Websites”) and is provided for the purpose of disclosing the nature of the connection between KISS PR and product reviewers, advertisers, sponsors, endorsers, and other third-parties whose advertisements, sponsorships, endorsements, testimonials, opinions, or **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: 2021-01-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $584,711,724,106 - Hash Rate: 146990355.43205437 - Transaction Count: 323553.0 - Unique Addresses: 787548.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / November 29, 2020 /Digital Reserve Currency (DRC)was designed to become a decentralized digital store of value with a limited supply and a zero inflation rate. It was created during the COVID-19 crisis when fiscal and monetary policies have exposed serious vulnerabilities in the current financial system. The concept of the Digital Reserve Currency was developed byMaxim Nurov, CEO of Digital Finance, Washington, DC, a financial company that specializes in the digital assets market. DRChas a few unique characteristics that differentiate it from other digital assets. First, DRC has a purely deflationary economic model. 100% of the total DRC supply was issued to the secondary market and no more DRC tokens will ever be created. Second,DRChas a fair distribution model. All the DRC supply of 1 Billion indivisible tokens was issued directly to the market. DRC founders/developers never received any funds from investors in any form and never retained any tokens before the whole token supply became available on the market. Third,DRChad a community-driven ecosystem from the day one. No one has control over DRC as DRC has fully decentralized structure. TheDRC Foundationhas been created by the DRC community to define the strategy and the road map of the DRC ecosystem development. Finally, DRC token is fully developed and operational. Its smart contract has been audited by a trusted blockchain development firm and does not contain any security issues. Built using Solidity, DRC's code cannot be altered since being deployed on the blockchain. DRChas a robust value proposition as a potential digital store of value. As global markets experience inflation, DRC provides economic scarcity and a zero-inflation rate. In accordance with the DRC road map, DRC holders should be able to link the value of their tokens to a basket of the most efficient store of value assets such as gold, Bitcoin, and the US dollar, as soon as in Q1 2021. DRCwas designed to provide a steady increase in its intrinsic value and act as a useful hedge against inflation. It fits the needs of people looking to preserve their wealth, especially in developing countries, while still having the flexibility of immediate, cross-border, and censorship-resistant transfers. Media contact Company: DRC FoundationContact: Maxim NurovPhone: +1 202 618 0260Email:[email protected]:https://drc.foundation/ SOURCE:DRC Foundation View source version on accesswire.com:https://www.accesswire.com/618727/Digital-Reserve-Currency-DRC-is-Set-to-Become-a-Global-Decentralized-Store-of-Value... - 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:** ['NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / January 27, 2021 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(FSE:HBF) (the " Company " or " HIVE ") is pleased to announce that it has filed today a final base shelf prospectus (the " Shelf Prospectus ") with the securities regulatory authorities in each of the provinces and territories of Canada. The Shelf Prospectus will be valid for a 25-month period, during which time the Company may issue common shares, warrants, subscription receipts, units, debt securities, and share purchase contracts (the " Securities ") in amounts at prices and on terms based on market conditions at the time of sale and set forth in an accompanying prospectus supplement (" Prospectus Supplement "), having an aggregate offering amount of up to US$100 million. Unless otherwise specified in a Prospectus Supplement, the net proceeds from the sale of Securities may be used for general corporate and working capital requirements, funding ongoing operations, to repay indebtedness outstanding from time to time, to complete future acquisitions, or for other corporate purposes. Each Prospectus Supplement will contain specific information concerning the use of proceeds from that sale of Securities. There is no certainty that any Securities will be offered or sold under the Shelf Prospectus within the 25-month period. HIVE also announces that it has filed amended and restated interim consolidated financial statements for the three and six months ended September 30, 2020 along with a corresponding restated management discussion and analysis. The restatements were made as the result of management\'s review of the financial statements during the course of preparing to file the Company\'s Shelf Prospectus, and only affect prior year comparative figures. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any jurisdiction where the offer, sale or solicitation would be unlawful. The Securities referred to in this news release may not be offered or sold in the United States absent registration or an applicable exemption from registration. Story continues A copy of the final base shelf prospectus can be found on the Company\'s SEDAR profile at www.sedar.com . About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns state-of-the-art green energy-powered data centre facilities in Canada, Sweden, and Iceland which produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. Our deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins. For more information and to register to HIVE\'s mailing list, please visit www.HIVEblockchain.com . Follow @HIVEblockchain on Twitter and subscribe to HIVE\'s YouTube channel . On Behalf of HIVE Blockchain Technologies Ltd. "Frank Holmes" Interim Executive Chairman For further information please contact: Frank Holmes Tel: (604) 664-1078 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Forward-Looking Information This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws, including statements regarding the Shelf Prospectus. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or, "will", "occur" or "be achieved", and similar words or the negative of these terms and similar terminology. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management\'s expectations, estimates and projections regarding future events or circumstances. This forward-looking information is based on the Company\'s opinions, estimates and assumptions that, while considered by the Company to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, risks related to the offering or sale of securities pursuant to the Shelf Prospectus, the completion of the transactions contemplated in this news release in the manner anticipated and those factors discussed in greater detail under the "Risk Factors" section in the Company\'s preliminary base shelf prospectus and its annual information form, both of which are available under the Company\'s profile on SEDAR at www.sedar.com, and should be considered carefully by prospective investors. The forward-looking statements and information in this press release include, but are not limited to, statements with respect to the filing of the Shelf Prospectus and any Prospectus Supplement filed in connection therewith, the potential issuance of securities of the Company, the amount of securities that may be issued and the use of proceeds under the (final) base shelf prospectus and any prospectus supplement filed in connection therewith. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the COVID 19 crisis; the transaction described in this news release may not occur on the terms as proposed and described herein or at all and, if such transaction is completed; the Company\'s cryptocurrency operation may not meet expected performance levels for one or more reasons; the proposed transaction may not have a positive impact on HIVE\'s revenues, or gross mining margin; the impact of new electrical power rates which could impair profitability and operating performance; expansion may not materialize as currently anticipated, or at all; operating risks caused by social unrest; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; the volatility of digital currency prices; the Company may never realize more efficient operations, a lower cost structure, or greater flexibility in operation; risks relating to the global economic climate; dilution; and other related risks as more fully set out in the Shelf Prospectus, and other documents disclosed under the Company\'s filings at www.sedar.com . The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information . The Company undertakes no obligation to revise or update any forward -looking information other than as required by law. SOURCE: HIVE Blockchain Technologies Ltd. View source version on accesswire.com: https://www.accesswire.com/626427/HIVE-Blockchain-Announces-Filing-of-Final-Base-Shelf-Prospectus', 'NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES\nVANCOUVER, BC / ACCESSWIRE / January 27, 2021 /HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(FSE:HBF) (the "Company" or "HIVE") is pleased to announce that it has filed today a final base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces and territories of Canada.\nThe Shelf Prospectus will be valid for a 25-month period, during which time the Company may issue common shares, warrants, subscription receipts, units, debt securities, and share purchase contracts (the "Securities") in amounts at prices and on terms based on market conditions at the time of sale and set forth in an accompanying prospectus supplement ("Prospectus Supplement"), having an aggregate offering amount of up to US$100 million.\nUnless otherwise specified in a Prospectus Supplement, the net proceeds from the sale of Securities may be used for general corporate and working capital requirements, funding ongoing operations, to repay indebtedness outstanding from time to time, to complete future acquisitions, or for other corporate purposes. Each Prospectus Supplement will contain specific information concerning the use of proceeds from that sale of Se **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: 2021-01-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $584,711,724,106 - Hash Rate: 150095785.47639358 - Transaction Count: 325146.0 - Unique Addresses: 767142.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Two U.S. government agencies are taking action against the founder of a cryptocurrency project who allegedly pulled an exit scam and avoided taxes while spending the proceeds on a lavish lifestyle. According to an indictment filed in the U.S. Southern District Court of New York and unsealed on Wednesday, the Internal Revenue Service (IRS) has charged Amir Bruno Elmaani, aka “Bruno Brock,” on two counts of tax evasion. Elmaani, who created a blockchain protocol called Oyster Pearl, is alleged to have made “millions of dollars” from an initial coin offering of its pearl (PRL) cryptocurrency in 2017. Those tokens were purportedly to be used for the purchase of online data storage that fueled the Oyster protocol. Related: Ethereum Far Outpaces Bitcoin in Developer Activity in 2020: Electric Capital Report Rather than reporting the income earned from the sales to the IRS, Elmaani allegedly falsified his 2017 tax return and failed to file one in 2018, instead pocketing the millions. “As it turns out, Elmaani was funneling the proceeds of his alleged cryptocurrency scheme through a shell company that hid the true nature of his financial interests,” said William Sweeney Jr., the FBI’s assistant director, in a Department of Justice statement . According to the indictment, Elmaani used $10 million in proceeds to buy multiple yachts (where he stored gold bars), real estate and home renovations, as well as spending $1.6 million at a carbon-fiber composite company. The maximum penalty of a criminal charge for tax evasion carries a maximum of five years per count, meaning Elmaani could be facing up to 10 years in a federal prison. Related: Would the STABLE Act Make Running an Ethereum Node Illegal? Meanwhile, the Securities and Exchange Commission (SEC) filed a separate civil action against Elmaani on Wednesday. He is charged with conducting an illegal securities offering of PRL tokens and profiting from “minting millions of unauthorized tokens for himself at no cost and selling them into the secondary market, thereby causing the value of others’ tokens to plummet.” Story continues The exit scam Beginning October 2018, Elmaani – operating under his pseudonym Bruno Brock – exploited a smart contract on the Ethereum blockchain to create new tokens to be sold at a below-market price before creating new ones for himself for free. At the time, Elmaani said he was retaining millions of PRL in accordance with his “founders share” and in the process claimed he had to move his PRL tokens to a different wallet in order to avoid double taxation, per the DOJ indictment. By inflating the fixed supply of PRL through his access to the protocol, it’s claimed Elmaani was able to convert his newly minted PRL tokens to other cryptocurrencies using a “foreign-based exchange.” After discovering the alleged foul play, the exchange ceased all trading for PRL which left investors holding bags of essentially worthless tokens. The SEC said, “Elmaani made approximately $570,000 in illicit gains through the minting and sale of Pearl tokens and, as a result of his sales, the price of Pearl tokens fell by nearly 65%, resulting in significant losses for investors.” See also: Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic Elmaani used a coin mixer – a service designed to conceal the true origin or destination of cryptocurrencies on a given blockchain – before transferring funds to family members and friends, after which he transferred them to his own accounts, according to DOJ. “The underlying scheme was old-fashioned fraud and tax evasion,” said Audrey Strauss, acting Manhattan U.S. attorney. “Thanks to the FBI and IRS Criminal Investigation Division, Elmaani is now in custody and facing federal prosecution.” Related Stories Cryptocurrency Founder Charged With Avoiding Tax to Buy Yachts and Homes Cryptocurrency Founder Charged With Avoiding Tax to Buy Yachts and Homes... - 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:** ['* U.S. economy\'s resilience, strong earnings lift mood * Bitcoin jumped 10% Thursday as riskier assets rebounded * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Jan 29 (Reuters) - The dollar remained on the back foot on Friday as an improvement in risk appetite sapped demand for the safest assets, with investors taking cheer from U.S. economic data wasn\'t as bad as feared. Wall Street also provided a lift to sentiment, as stocks rebounded after earnings season got off to a strong start and concerns eased around hedge funds selling long positions to cover shorts. The dollar index was little changed at 90.566 early in the Asian day, after slipping 0.1% overnight. The gauge is still on track for a 0.4% weekly advance following safety buying at the start of the week amid concerns that President Joe Biden\'s fiscal spending package will not be as large as the proposed $1.9 trillion. However, many analysts expect the dollar to return to the downward trend that saw it lose nearly 7% of its value last year, particularly with the Federal Reserve committed to ultra-easy monetary policy. "Wide expectations of that huge issuance that\'s coming and the support of the Fed mean that we\'re looking in the medium-term for further U.S. dollar weakness," said Michael McCarthy, chief strategist at CMC Markets in Sydney. "The flipside of the reversal in risk appetite is we\'re seeing good support for commodity currencies," like the Australian dollar, he added. The Aussie was about flat at 76.75 U.S. cents after rising 0.2% overnight. The euro was little changed at $1.21175 after edging higher in the previous session. The dollar advanced 0.1% to 104.335 yen, another traditional safe haven, adding to the previous day\'s gains of about 0.2%. Bitcoin continued to edge higher, trading at $33,899, after surging more than 10% on Thursday. The world\'s most popular cryptocurrency has been consolidating since touching a record high of $42,000 earlier this month. ======================================================== Currency bid prices at 9:23AM (023 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.2119 $1.2121 -0.01% -0.80% +1.2125 +1.2118 Dollar/Yen 104.3670 104.2100 +0.16% +1.06% +104.3800 +104.2750 Euro/Yen 126.50 126.35 +0.12% -0.33% +126.5100 +126.3300 Dollar/Swiss 0.8886 0.8887 +0.00% +0.45% +0.8887 +0.0000 Sterling/Dollar 1.3719 1.3724 -0.01% +0.45% +1.3729 +1.3720 Dollar/Canadian 1.2828 1.2829 -0.02% +0.73% +1.2831 +1.2819 Aussie/Dollar 0.7672 0.7676 -0.02% -0.23% +0.7682 +0.7670 NZ 0.7173 0.7175 +0.00% -0.08% +0.7177 +0.7171 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Kevin Buckland; editing by Richard Pullin)', '* U.S. economy\'s resilience, strong earnings lift mood * Bitcoin jumped 10% Thursday as riskier assets rebounded * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Jan 29 (Reuters) - The dollar remained on the back foot on Friday as an improvement in risk appetite sapped demand for the safest assets, with investors taking cheer from U.S. economic data wasn\'t as bad as feared. Wall Street also provided a lift to sentiment, as stocks rebounded after earnings season got off to a strong start and concerns eased around hedge funds selling long positions to cover shorts. The dollar index was little changed at 90.566 early in the Asian day, after slipping 0.1% overnight. The gauge is still on track for a 0.4% weekly advance following safety buying at the start of the week amid concerns that President Joe Biden\'s fiscal spending package will not be as large as the proposed $1.9 trillion. However, many analysts expect the dollar to return to the downward trend that saw it lose nearly 7% of its value last year, particularly with the Federal Reserve committed to ultra-easy monetary policy. "Wide expectations of that huge issuance that\'s coming and the support of the Fed mean that we\'re looking in the medium-term for further U.S. dollar weakness," said Michael McCarthy, chief strategist at CMC Markets in Sydney. "The flipside of the reversal in risk appetite is we\'re seeing good support for commodity currencies," like the Australian dollar, he added. The Aussie was about flat at 76.75 U.S. cents after rising 0.2% overnight. The euro was little changed at $1.21175 after edging higher in the previous session. The dollar advanced 0.1% to 104.335 yen, another traditional safe haven, adding to the previous day\'s gains of about 0.2%. Bitcoin continued to edge higher, trading at $33,899, after surging more than 10% on Thursday. The world\'s most popular cryptocurrency has been consolidating since touching a record high of $42,000 earlier this month. ======================================================== Currency bid prices at 9:23AM (023 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.2119 $1.2121 -0.01% -0.80% +1.2125 +1.2118 Dollar/Yen 104.3670 104.2100 +0.16% +1.06% +104.3800 +104.2750 Euro/Yen 126.50 126.35 +0.12% -0.33% +126.5100 +126.3300 Dollar/Swiss 0.8886 0.8887 +0.00% +0.45% +0.8887 +0.0000 Sterling/Dollar 1.3719 1.3724 -0.01% +0.45% +1.3729 +1.3720 Dollar/Canadian 1.2828 1.2829 -0.02% +0.73% +1.2831 +1.2819 Aussie/Dollar 0.7672 0.7676 -0.02% -0.23% +0.7682 +0.7670 NZ 0.7173 0.7175 +0.00% -0.08% +0.7177 +0.7171 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Kevin Buckland; editing by Richard Pullin)', 'Bitcoin , BTC to USD, rallied by 9.70% on Thursday. Partially reversing a 6.45% slide from Wednesday, Bitcoin ended the day at $33,373.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $29,918.0 before making a move. Steering clear of the first major support level at $28,938, Bitcoin rallied to a late intraday high $33,800.0. Bitcoin broke through the first major resistance level at $32,251 and the 38.2% FIB of $33,008. Falling short of the second major resistance level at $34,080, Bitcoin eased back to end the day at sub-$33,500 levels. The near-term bullish trend remained intact, in spite of the recent sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Polkadot fell by 0.58% to buck the trend on the day. It was a bullish day the rest of the majors, however. Cardano’s ADA and Chainlink rallied by 10.70% and by 9.82% to lead the way. Ethereum (+7.46%) and Litecoin (+8.89%) also found strong support. Binance Coin (+4.16%), Bitcoin Cash SV (+3.49%), Crypto.com Coin (+6.38%), and Ripple’s XRP (+5.63%) trailed the front runners. In the current week, the crypto total market cap rose to a Monday high $1,038.16bn before falling to a Wednesday low $847.51bn. At the time of writing, the total market cap stood at $990.18bn. Bitcoin’s dominance rose from a Monday low 62.54% to a Monday high 64.32%. At the time of writing, Bitcoin’s dominance stood at 64.02%. This Morning At the time of writing, Bitcoin was up by 1.82% to $33,979.0. A bullish start to the day saw Bitcoin rise from an early morning low $33,337.0 to a high $34,300.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the morning. Polkadot was down by 0.86% to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Litecoin was up by 3.08% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the 23.6% FIB of $33,008 and the pivot level at $32,364 to bring the first major resistance level at $34,809 into play. Support from the broader market would be needed for Bitcoin to break out from the morning high $34,300.0. Barring an extended crypto rally, the first major resistance level and resistance at $35,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,246. Failure to avoid a fall through the 23.6% FIB and the $32,364 pivot would bring the first major support level at $30,927 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level sits at $28,482. This article was originally posted on FX Empire More From FXEMPIRE: E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3801.75, Weakens Under 3782.75 E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Over 30715, Weak Under 30569 Economic Data Puts the EUR, the Greenback, and the Loonie in Focus The Crypto Daily – Movers and Shakers – January 29th, 2021 Salesforce Correction May Be Over Natural Gas Price Prediction – Prices Slip Following Inventory Report', 'Bitcoin, BTC to USD, rallied by 9.70% on Thursday. Partially reversing a 6.45% slide from Wednesday, Bitcoin ended the day at $33,373.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $29,918.0 before making a move.\nSteering clear of the first major support level at $28,938, Bitcoin rallied to a late intraday high $33,800.0.\nBitcoin broke through the first major resistance level at $32,251 and the 38.2% FIB of $33,008.\nFalling short of the second major resistance level at $34,080, Bitcoin eased back to end the day at sub-$33,500 levels.\nThe near-term bullish trend remained intact, in spite of the recent sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nPolkadot fell by 0.58% to buck the trend on the day.\nIt was a bullish day the rest of the majors, however.\nCardano’s ADAandChainlinkrallied by 10.70% and by 9.82% to lead 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: 2021-01-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $682,692,244,894 - Hash Rate: 157341788.913185 - Transaction Count: 341036.0 - Unique Addresses: 888960.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.77 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Today is Bitcoin Day, the anniversary of the Genesis Block that marked the beginning of the Bitcoin blockchain in 2009. This year, with the price of bitcoin shooting for the moon, Bitcoiners have more reason to celebrate – and more reason to assert their sovereignty over their private keys. Read more:Bitcoin Blasts Past $34K for First Time, Less Than 24 Hours After Blowing Through $30K An annual event first initiated by Trace Mayer,Proof of Keysis an informal celebration that aims to remind bitcoiners that monetary sovereignty is a fundamental part of Bitcoin’s ethos. It lies at the very heart of the familiar Bitcoiner mantra, “not your keys, not your coin.” In other words, if you don’t control the private keys to yourbitcoin, you don’t really own the coin. The saying is a reminder that Bitcoin was built to give users complete control over their finances. It’s also a reminder of the potential consequences of trusting your bitcoin keys to a third party (like losing your funds in an exchange hack). Read more:How to Store Your Bitcoin Related:SkyBridge's Bitcoin Cache Rises to $310M as New Fund Launches “Anyone who doesn’t want you to hold your own private keys – they’re your monetary enemy. They don’t want you to be free and independent with your money,” Mayer said in thelead-up to 2019’s inaugural event. “That’s just the way it is.” The implications of being reliant on others to process, exchange and hold your cryptocurrencies aren’t immaterial. They hold acute consequences and compromises of your privacy, and will limit how you interact with your own money. The Financial Crimes Enforcement Network (FinCEN)gathers extensive personal informationon millions of people’s financial transactions, all provided by financial institutions, even when those people have not committed any crime. This year, taking custody of your keys by moving them to a personal wallet takes on an added level of significance. FinCEN hasproposed a planthat will force exchanges to comply with new know-your-customer (KYC) requirements when users try to transfer their funds to a personal wallet. Such a requirement, applicable to any transferred amount over $3,000 in value, threatens to undermine cryptocurrencies’early promiseofprivacyandself-sovereignty. (Note: FinCEN is accepting comments from the public on this issue only until Jan. 4, 2021). Read more:US Floats Long-Dreaded Plan to Make Crypto Exchanges Identify Personal Wallets Related:Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up Add to this the recentdelisting of privacy coinsby many exchanges, aforementioned exchange hacksshowing no signs of stoppingand other snafus likeabsent exchange keyholdersinadvertently freezing transactions. Assuming control of your own private keys and becoming the first and last line of control when it comes to your crypto is even more imperative. The most basic way to exercise your monetary sovereignty is to hold your private keys in your own non-custodial bitcoin wallet. This means taking any bitcoin you own out of exchanges and custodial wallets and transferring the keys to a wallet you control. “Proof of Keys” takes the notion of self-sovereignty even further by adding the adage, “Not your node; not your rules.” The point here is that it is equally important to withdraw your keys to a bitcoin node that you are running. This way, you can perform your own validation yourself, without having to trust other people’s nodes to prove that your keys are your own. Read more:Becoming Self-Sovereign: How to Set Up a Bitcoin Node, With Lightning Participants in Proof of Keys usually pledge to take possession of any private keys on or before Jan. 3. On Twitter, this pledge is denoted publicly by the addition of series of symbols to their user name or profile: [Jan/3➞₿ ∎] The date, arrow, Bitcoin unicode and key represent their intent to hold their keys. The block signals that they have completed the verification process. Self-custodying your keys can be a tricky proposition for the uninitiated – and even for some who have been holding bitcoin for a long time. To help people safely take control of their private keys, Casa is hosting its first KeyFest, a three-day virtual conference from Jan. 5 through 7. Read more:New to Bitcoin? Stay Safe and Avoid These Common Scams Each day will feature a new webinar, followed by a workshop to instruct users on different ways they can custody their bitcoin. Speakers include Blockstream CEO Adam Back, Balaji Srinivasan and Avanti co-founder Caitlin Long, among others. • It’s Genesis Block Day. Do You Know Where Your Bitcoin Keys Are? • It’s Genesis Block Day. Do You Know Where Your Bitcoin Keys Are?... - Reddit Posts (Sample): [['u/wakgill', 'A personal BTC payment story (or, why BTC can never be global cash)...', 32, '2021-01-29 00:13', 'https://www.reddit.com/r/btc/comments/l7c2ey/a_personal_btc_payment_story_or_why_btc_can_never/', '*I know I\'m preaching to the choir but I got so pissed today during my BTC payment that I wanted to write a note about it.*\n\nA lot of us gave up on using BTC as a payments tool a long time ago, so while we know it\'s terrible and we can point to confirmation times and fees, there\'s nothing like personally experiencing it once or twice to remind you *just how awful it really is* and the magnitude of the damage caused by the vacuous morons who run the Twitter mobs that stopped BTC from scaling.\n\n**Backstory**\n\nOne of my goals for 2021 is to reduce my exposure to fiat and traditional banking as much as possible. Reasons should be obvious to anyone looking around. Most of the world spent the last year under house arrest and we learned just how willing people are to accept Orwellian takeover of all areas of our lives. The mixed economy is revealing itself more than ever to be what Steve Patterson called today "the extended State," censoring information, canceling accounts, de-personing people, all in all serving the ends of totalitarianism around the world. Scary times, so I think one is being irresponsible in not reducing their risk surface here.\n\nThe three forks of Bitcoin (BCH, BSV and BTC) make up a large portion of the strategy in achieving that goal, so obviously being able to pay with them without converting to fiat on an exchange (an attack surface) is very important.\n\nFor any kind of commerce, 9/10 I use BCH and my [Bitcoin.com](https://Bitcoin.com) wallet. It\'s awesome. You use it once and you realise big-block Bitcoin is the best payments tool ever created. BSV works great too but it doesn\'t have anywhere near the adoption that BCH has in payments and Craig\'s shenanigans make it increasingly unlikely companies are going to integrate it because who wants to deal with people like that?\n\n**Today**\n\nToday I had to pay with BTC. I don\'t do it too often but in this particular case there was a giftcard I needed to buy that was only available on BitRefill as far as I could tell. I paid for the $400 card + a $17.50 fee, waited an hour then drove a half hour to the store. I was in the store for another hour but when it came time to pay the transaction still hadn\'t confirmed.\n\nI waited another half hour and meanwhile I\'m on Twitter reading idiots in the Bitcoin Mini space talking about how everyone needs to buy Bitcoin (BTC) to escape companies like Robinhood censoring your economic activity and you just can\'t help but scream inside a bit because BTC literally cannot handle many more people trying to join to escape this BS. I paid roughly a 5% fee on my transaction and still can\'t buy anything at the store after several hours. It gets much, much worse from here. You\'d see confirmations taking weeks and weeks, or months, if all the economic activity around GameStop lately tried to join BTC to escape economic censorship.\n\nAnd of course the added irony is that it is 100% censorable. It\'s not just that everyone is going to have to use custodial payment options, or that fees are going to be so high only banks and Michael Saylor (who has probably never used Bitcoin) will use the chain, it\'s also that the wait period for confirmations will have a similar chilling effect that economic censorship has.\n\nI waited...and waited...but I was on a pretty tight schedule so I decided to just pay with credit card like all the Bitcoin Minimalists tell you to. I drove home and in total it\'s been nearly six hours and there\'s still no confirmation.\n\nSure, sure I could have a "lower time preference..." like the Minimalists say, and I\'m all about that, but in this case the purchase was time sensitive! Dead economic time like that really costs a lot of money and it can do a lot of other personal damage. Couldn\'t wait.\n\n**Conclusion**\n\nSo now I\'ve got $400 on my credit card and a $400 gift card (plus fees) I have no use for that I still can\'t spend, and I\'m lucky I can afford it but keep in mind a few things:\n\n\\- The fee alone can buy people several meals in countries that need it most.\n\n\\- Most people today would just have to wait until the transaction finally did confirm because it would be too expensive to eat the cost twice by paying with a credit card after the fact. Economic activity slows accordingly.\n\n\\- Slow confirmation times are an attack opportunity for state actors. Not everyone has the luxury of having a low time preference.\n\nThey say Bitcoin isn\'t for buying coffee but if it\'s not for $400 payments either then what good is it? Interbank transfers?\n\nThis is not the revolution that got many of us so excited years ago.\n\nI said "one of my goals for 2021 is to reduce my exposure to fiat and traditional banking as much as possible," and I know I\'m not alone in this goal, but that is impossible to achieve on BTC because it has been artificially rate limited by dummies, trolls and saboteurs. Minis pushing that dream are living in a fantasy. It\'s never going to happen.\n\n**Living off of Bitcoin and the damage Core did**\n\nBig-block Bitcoin is the obvious choice, but right now we\'re stuck with the unfortunate reality that BTC is the market leader and both BCH and BSV, and just about everything else, have lost significant value vs BTC, and best money needs to not only be good for payments but also storing value against other assets.\n\nIt\'s just a sad fact that it\'s hard to fully live off BCH if it\'s not yet a good store of value. But from my own experience today it\'s clearly impossible to live off BTC now. I make quite a few transactions everyday and I can\'t wait 5+ hours every time. Forget about the fees.\n\nSo looking at it all in whole, you can begin to see the damage that was really done. Bitcoin was split into a mainstream version that is entirely useless as a payments tool but has the network effect and branding that gives it the kind of price appreciation that attracts more people, and a less mainstream version that is amazing for payments but struggles against a 1000 alt coins for network and market share which makes it less useful and less threatening.\n\nHard to believe that wasn\'t intentional.....\n\nNow more than ever people are looking for ways to opt out of the current system, but we just aren\'t there yet. We would be if BTC had just raised the blocksize years ago. We\'d have a true digital store of value that was incredible for moving any amount of money around the world at fast speeds and low costs. But god I hope we get there soon before the dark suits start shilling for a Digital USD which will of course be a horrible thing for freedom everywhere and might also suck a lot of the life out of crypto for some time.\n\nKeep building BCH!', 'https://www.reddit.com/r/btc/comments/l7c2ey/a_personal_btc_payment_story_or_why_btc_can_never/', 'l7c2ey', [['u/kamchii', 13, '2021-01-29 00:36', 'https://www.reddit.com/r/btc/comments/l7c2ey/a_personal_btc_payment_story_or_why_btc_can_never/gl5x51z/', "RBF invalidates your entire argument, and it's a core foundation of BTC's design that you can't explain away. BTC is broken as a currency.", 'l7c2ey'], ['u/Remora_101', 10, '2021-01-29 01:44', 'https://www.reddit.com/r/btc/comments/l7c2ey/a_personal_btc_payment_story_or_why_btc_can_never/gl66eb1/', 'post it in r/bitcoin if you are not banned yet.', 'l7c2ey']]], ['u/Twoehy', 'Almost there. Any day now', 30, '2021-01-29 00:21', 'https://www.reddit.com/r/btc/comments/l7c8zn/almost_there_any_day_now/', '[https://bitinfocharts.com/comparison/transactions-btc-bch.html#3m](https://bitinfocharts.com/comparison/transactions-btc-bch.html#3m)', 'https://www.reddit.com/r/btc/comments/l7c8zn/almost_there_any_day_now/', 'l7c8zn', [['u/knowbodynows', 11, '2021-01-29 00:32', 'https://www.reddit.com/r/btc/comments/l7c8zn/almost_there_any_day_now/gl5wi0w/', 'Meanwhile Doge &amp; LTC txs are ⬇️ in the same period.\n\nBCH is killing this metric. Next stop after BTC: ETH.', 'l7c8zn']]], ['u/trehvy', 'Do not sell doge', 697, '2021-01-29 01:30', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/', 'We control the market. We decide how much it’s worth. The longer we hold the more money we make. We don’t sell until we come together &amp; agree on a BIG number. Until then WE HOLD FOREVER ✋🏾✋🏾✋🏾💎💎 WE WILL MAKE THIS THE NEXT BITCOIN\n\nDIAMONDS ARE MADE UNDER PRESSURE YOU GOT THIS , TRUST ME\n\nIf u do decide to sell you’re just doing the real diamond hands a favor. The real diamond hands know what big dips mean 😏\n\nI’m not a financial advisor, I’m just a retard I have no clue what I’m talking about don’t listen to me', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/', 'l7dwih', [['u/Blackout_Garage', 20, '2021-01-29 01:32', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/gl64snq/', 'Yes! HOLD!!!', 'l7dwih'], ['u/MonsoonQueen9081', 11, '2021-01-29 01:34', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/gl6544l/', 'Holding! \n\nSolidarity', 'l7dwih'], ['u/Fit_Understanding_55', 22, '2021-01-29 01:40', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/gl65xpg/', '66k shares here.. no selling.. nothing ventured nothing made..', 'l7dwih'], ['u/WendersonMateusuk', 12, '2021-01-29 02:11', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/gl6a12n/', 'I just bought 140,363,975🤤🤤🤤🤤', 'l7dwih'], ['u/here4stockideas', 19, '2021-01-29 02:13', 'https://www.reddit.com/r/wallstreetbets_/comments/l7dwih/do_not_sell_doge/gl6ad0j/', 'Robinhood is messing with Doge buying at the moment. Its criminal!!! First they claimed "maintenance", now "your order may not execute". Screw those bastards!!!! Double down time. 🚀🚀🚀🚀🚀🚀🚀🚀🛸🛸🛸', 'l7dwih'], ['u/go... 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:** ['At the height of the cryptocurrency boom, the manager of the Bank for International Settlements (BIS) , Agustín Carstens , warned about the dangers of investing in them. The former finance secretary warned that Bitcoin is increasingly vulnerable and could completely collapse . Yesterday, January 27, during the policy seminar of the Hoover Institution , the Mexican economist said that Bitcoin is a speculative asset, not money . \x93Investors should be aware that Bitcoin can completely crash. Scarcity and crypto alone are not enough to guarantee exchange, " explained Carstens , adding that " Bitcoin is increasingly vulnerable . To know more: What is the \'death cross\' that heralds the sharp fall of Bitcoin? The also former governor of Banco de México , affirms that central banks must control the issuance and management of digital money . Consider that they have the financial structure to guarantee the stability of the cryptocurrencies . \x93For digital money to exist, the central bank must play a fundamental role, guaranteeing the stability of the value, ensuring the elasticity of the aggregate supply of said money and overseeing the general security of the system. Such a system must not fail and cannot tolerate serious errors , \x94Carstens said. pic.twitter.com/18523AdPeg - Bitcoin (@Bitcoin) January 29, 2021 The BIS manager said that other private stablecoin projects, such as Facebook\'s , are more credible than Bitcoin , but need to be regulated. "In general, private stablecoins cannot serve as the foundation for a sound monetary system ," he said. \x93But to remain credible, they must be strictly regulated and supervised. They must build on the foundations and confidence that the existing central banks give them and, therefore, be part of the existing financial system . Story continues See Also: Bitcoin May Never Go Over $ 40,000 Again, JP Morgan Alerts For now, many countries are targeting Central Bank digital currencies (CBDC) . In fact, 86% of major central banks are actively exploring CBDCs , according to a recent BIS survey. Carstens indicated that national CBDCs would be used in various ways, such as the transmission of monetary policy and the management of interest rates. He explained that they should be complementary to the existing cash system , as completely replacing all bank accounts and cash with digital money is "undesirable" and "unrealistic ."', 'At the height of thecryptocurrencyboom, themanager of the Bank for International Settlements (BIS),Agustín Carstens, warned about the dangers of investing in them. Theformer finance secretarywarned thatBitcoinis increasinglyvulnerableandcould completely collapse.\nYesterday, January 27, during the policy seminar of theHoover Institution, the Mexican economist said thatBitcoin is a speculative asset, not money.\n“Investors should be aware thatBitcoincan completely crash. Scarcity and crypto alone are not enough to guarantee exchange, "explainedCarstens, adding that"Bitcoinis increasingly vulnerable.\n• To know more:What is the \'death cross\' that heralds the sharp fall of Bitcoin?\nThe alsoformer governor of Banco de México, affirms thatcentral banks must control the issuance and management of digital money. Consider that they have the financial structure to guarantee thestability of the cryptocurrencies.\n“For digital money to exist, the central bank must play a fundamental role, guaranteeing the stability of the value, ensuring the elasticity of the aggregate supply of said money and overseeing the general security of the system. Such a system must not fail and cannot tolerate serious errors,”Carstenssaid.\nTheBIS managersaid that other privatestablecoinprojects, such asFacebook\'s, are more credible thanBitcoin, but need to be regulated.\n"In general, private stablecoins cannot serve as the foundation for a sound monetary system," he said.“But to remain credible, they must be strictly regulated and supervised. They must build on the foundations and confidence that the existing central banks give them and, therefore, be part of the existing financial system.\n• See Also:Bitcoin May Never Go Over $ 40,000 Again, JP Morgan Alerts\nFor now, many countries are targetingCentral Bank digital currencies (CBDC). In fact, 86% of major central banks are actively exploringCBDCs, according to a recentBISsurvey.\nCarstensindicated thatnational CBDCs wouldbe used in various ways, such as the transmission of monetary policy and the management of interest rates. He explained that they should becomplementary to the existing cash system, as completely replacing all bank accounts and cash with digital money is"undesirable"and"unrealistic."', 'At the height of thecryptocurrencyboom, themanager of the Bank for International Settlements (BIS),Agustín Carstens, warned about the dangers of investing in them. Theformer finance secretarywarned thatBitcoinis increasinglyvulnerableandcould completely collapse.\nYesterday, January 27, during the policy seminar of theHoover Institution, the Mexican economist said thatBitcoin is a speculative asset, not money.\n“Investors should be aware thatBitcoincan completely crash. Scarcity and crypto alone are not enough to guarantee exchange, "explainedCarstens, adding that"Bitcoinis increasingly vulnerable.\n• To know more:What is the \'death cross\' that heralds the sharp fall of Bitcoin?\nThe alsoformer governor of Banco de México, affirms thatcentral banks must control the issuance and management of digital money. Consider that they have the financial structure to guarantee thestability of the cryptocurrencies.\n“For digital money to exist, the central bank must play a fundamental role, guaranteeing the stability of the value, ensuring the elasticity of the aggregate supply of said money and overseeing the general security of the system. Such a system must not fail and cannot tolerate serious errors,”Carstenssaid.\nTheBIS managersaid that other privatestablecoinprojects, such asFacebook\'s, are more credible thanBitcoin, but need to be regulated.\n"In general, private stablecoins cannot serve as the foundation for a sound monetary system," he said.“But to remain credible, they must be strictly regulated and supervised. They must build on the foundations and confidence that the existing central banks give them and, therefore, be part of the existing financial system.\n• See Also:Bitcoin May Never Go Over $ 40,000 Again, JP Morgan Alerts\nFor now, many countries are targetingCentral Bank digital currencies (CBDC). In fact, 86% of major central banks are actively exploringCBDCs, according to a recentBISsurvey.\nCarstensindicated thatnational CBDCs wouldbe used in various ways, such as the transmission of monetary policy and the management of interest rates. He explained that they should becomplementary to the existing cash system, as completely replacing all bank accounts and cash with digital money is"undesirable"and"unrealistic."', 'Bitcoin , BTC to USD, rose by 2.63% on Friday. Following on from a 9.70% rally on Thursday, Bitcoin ended the day at $34,253.0. A mixed start to the day saw Bitcoin fall to a late morning intraday low $31,987.0 before making a move. While steering clear of the first major support level at $30,927, Bitcoin fell through the 23.6% FIB of $33,008. Finding late morning support, Bitcoin rallied to an early afternoon intraday high $38,710.7 before hitting reverse. Bitcoin broke through the first major resistance level at $34,809 and the second major resistance level at $36,246. More significantly, Bitcoin also broke back through the 23.6% FIB of $33,008. The reversal, however, saw Bitcoin slide back through the major resistance levels to revisit sub-$34,000 levels. Steering clear of the 23.6% FIB, Bitcoin moved back through to $34,000 levels to deliver the upside on the day. The near-term bullish trend remained intact, in spite of the recent sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Chainlink (-1.37%) and Polkadot (-2.97%) saw red to buck the trend on the day. It was a bullish day the rest of the majors, however. Ripple’s XRP rallied by 6.89% to lead the pack Ethereum (+3.47%), Crypto.com Coin (+3.65%), and Bitcoin Cash SV (+3.47%) also found strong support. Binance Coin (+0.41%), Cardano’s ADA (+0.60%), and Litecoin (+0.88%) trailed the front runners, however. In the current week, the crypto total market cap fell to a Wednesday low $847.51bn before rising to a Friday high $1,136.27bn. At the time of writing, the total market cap stood at $997.86bn. Bitcoin’s dominance rose from a Monday low 62.54% to a Friday high 65.93%. At the time of writing, Bitcoin’s dominance stood at 64.21%. This Morning At the time of writing, Bitcoin was up by 0.69% to $34,490.0. A mixed start to the day saw Bitcoin fall to an early morning low $34,244.7 before striking a high $34,900.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV and Ripple’s XRP were up by 1.12% and by 0.52% to join Bitcoin in the green. It was a bearish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was down by 4.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $34,984 to bring the first major resistance level at $37,980 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $38,710.7 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $41,707. Failure to move through the $34,984 pivot would bring 23.6% FIB of $33,008 and the first major support level at **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: 2021-01-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $682,692,244,894 - Hash Rate: 140779495.34337604 - Transaction Count: 312313.0 - Unique Addresses: 756022.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: XRP, the cryptocurrency managed by Ripple, rallied early Thursday but the spike was overshadowed by another payments-focused cryptocurrency Stellar (XLM). What Happened:XRP was trading at $0.3 per unit, up 30.43% in a 24-hour period, as of press time, while XLM rose 52.98% to $0.35 in the same period. XLM gains have exceeded 180% in a seven-day period, according to CoinMarketCap data. As a comparison,Bitcoin(BTC) has risen 27.74% in a seven-day period leading up to press time. Why It Matters:XRP has beenunder pressure of lateafter the United States Securities and Exchange Commission sued Ripple, the company closely linked with the token. Denis Vinokourov, head of London-based brokerage Bequant attributed XLM’s rise partly to the fact that it is a modified fork of XRP,reportedCoinDesk. The expert also attributed the gains in XLM to the fact that the Office of the Comptroller of the Currencyrecently allowedU.S. banks to use public blockchains and dollar-backed stable coins for settlement purposes. An earlier announcement by Stellar that it was helping Ukraine develop a central bank digital currency is also turning out to be a “perfect storm” for XLM, CF Benchmark’s CEO Sui Chung told CoinDesk. See more from Benzinga • Click here for options trades from Benzinga • YouTube Star MrBeast's Fans Can Now Tip Him In Cryptocurrency • Mark Cuban Will Run For President When Bitcoin Touches M © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/tddorrian112', 'Am I wrong?', 36, '2021-01-30 00:01', 'https://www.reddit.com/r/Bitcoin/comments/l872mb/am_i_wrong/', ' \n\nIm in my 50s, been middle class all my life, have no debt, sold my house just recently and moved across country with my wife. I recently lost my job due to unforeseen circumstances, and no jobs in my area in my career, but my wife works has a good job and we are currently renting a home to live in. Been struggling with money all my life, for reasons I wont get into, lets just say stupidity and a divorce when I was younger as well as losing a house and all my equity in the 2008 housing crisis really screwed me over. I had to start over since then.\n\nI have a few bitcoin I have saved and all I really want is enough money from BTC to buy a house free and clear. maybe 300k or so and im cashing in. My reason is that both my parents died in their 60s and who knows how long I have. I just would like a place to own free and clear with no mortgage so me and my wife can take it easy a bit. I can hodl forever but honestly what good will that do me if im dead in 10 years.. Am I wrong for thinking this way?', 'https://www.reddit.com/r/Bitcoin/comments/l872mb/am_i_wrong/', 'l872mb', [['u/Benjamincito', 38, '2021-01-30 00:03', 'https://www.reddit.com/r/Bitcoin/comments/l872mb/am_i_wrong/glay8jl/', 'You know your exit point\n\nBe brave and execute', 'l872mb'], ['u/DudeIncogneto', 15, '2021-01-30 00:04', 'https://www.reddit.com/r/Bitcoin/comments/l872mb/am_i_wrong/glayden/', 'It is your bitcoin you are allowed to do with it what you want.', 'l872mb'], ['u/GroundbreakingAd4386', 21, '2021-01-30 00:04', 'https://www.reddit.com/r/Bitcoin/comments/l872mb/am_i_wrong/glayedi/', 'We each have our own ‘moon’. Take yours when you land there! Good luck!', 'l872mb']]], ['u/iupac256', 'Atomic Wallet is a financial fraud, stay away from them.', 27, '2021-01-30 00:26', 'https://www.reddit.com/r/atomicwallet/comments/l87pdx/atomic_wallet_is_a_financial_fraud_stay_away_from/', "29/01/2021 2:16 am GMT I buy Doge Coin with £148.65 ($200, btw they should have taken £145.76 pounds but they want an entire £3 for forex) from Atomic Wallet using my debit card, payment goes through right away, but:\n\n1. Instead of getting DOGE I get **0.0054437** BTC but only **0.0054068** BTC goes to my account, worth $ 184.01 at 2:42 ( 26 minutes )\n2. I request it to be exchanged all of it for DOGE right away but only **0.00517378** BTC was deducted for the exchange but my account was empty now and at 23:00 the exchange finished after 21 hours.\n3. At 2:16 I would have gotten 4,843 DOGE Coin according to their prices from a $200 investment. Which I would have sold for $407 , again according to their graph.\n4. Due to the latency on their side, the Doge Coin I have at this moment is worth $126, so due to their unethical conduct I have lost 281$ , assuming they don't charge me extra bogus fees. \nIf anyone experienced similar problems and loss due to their fraudulent conduct contact me to unify our case and take back what is rightfully ours, through lawful manners, like a lawsuit.\n\nhttps://preview.redd.it/pxxxmdfivce61.png?width=1305&amp;format=png&amp;auto=webp&amp;s=e206491ae3d042a2ff562c537d9bcfdf709f506a", 'https://www.reddit.com/r/atomicwallet/comments/l87pdx/atomic_wallet_is_a_financial_fraud_stay_away_from/', 'l87pdx', [['u/ReArrangeUrFACE', 10, '2021-01-30 00:57', 'https://www.reddit.com/r/atomicwallet/comments/l87pdx/atomic_wallet_is_a_financial_fraud_stay_away_from/glb5ccf/', 'this is the worst wallet i have EVER dealt with by FAR', 'l87pdx']]], ['u/FoxMulderOrwell', "GME. The fall, the rise, and the soon to be aftermath that will cement crypto and Bitcoin forever.... as if it wasn't already.", 94, '2021-01-30 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/l889f4/gme_the_fall_the_rise_and_the_soon_to_be/', 'For most of us regulars here the writing is on the wall just as it was for Satoshi back in 2008. This GME fiasco is yet another prime example of the corporate elite, banksters, government leaders, and billionaires and the rigged game they play. That\'s what birthed bitcoin, and this round 2 is going to cement it.\n\nThe GME stuff hasn\'t ended yet and nobody knows exactly how it will all play out, but there is one thing that is certain. Some regular joe\'s will lose their shirts, regulations will change against us peasants, the banksters and hedges will lick their wounds and you guessed it... still be billionaires.\n\nThe game is rigged, we found a flaw, we exploited it fair and square, it will be fixed and the game restarted with even worse odd for us. \n\nThis is going to cement Bitcoin with 1000 foot deep pilings. The people who are trying to change the rules on wallstreet midgame are the same that say "bitcoin is too speculative and manipulative". NAhhhhhh that\'s bullshit. What they mean is they can\'t be the ones who control it in any real capacity. That\'s why they don\'t want it. GME made that ever more evident. \n\nBuckle up ladies and gents. Bitcoin and crypto are here to fucking stay and the fallout from GME is going to send this shit higher and higher. There\'s no denying the need for crypto and blockchain now. Not a single fucking thing negative can be said that isn\'t laden with hypocrisy and contradiction, not when you got billionaires crying foul about losing their own game. There\'s outrage and the hammer is gonna come down over a publicly traded company being publicly traded by the public in public for all to see. How dare citizens do that!(sarcasm)\n\nThat\'s fucked. I\'m in on crypto 100%. "Bad retirement plan?" Yeah tell me how investing in a market with shorts is a good idea again.\n\nGet on the train, tell your friends and family, there aint shit they can say about bitcoin now.', 'https://www.reddit.com/r/CryptoCurrency/comments/l889f4/gme_the_fall_the_rise_and_the_soon_to_be/', 'l889f4', [['u/Stobie', 14, '2021-01-30 03:23', 'https://www.reddit.com/r/CryptoCurrency/comments/l889f4/gme_the_fall_the_rise_and_the_soon_to_be/glbnbbh/', "Bitcoin isn't really relevant to this, it's Ethereum which can replace it.", 'l889f4']]], ['u/TheACT', 'Exchanging Bitcoin for Dogecoin - Canada', 10, '2021-01-30 00:54', 'https://www.reddit.com/r/NiceHash/comments/l88ckv/exchanging_bitcoin_for_dogecoin_canada/', "I'm wondering if anyone exchanges their nicehash bitcoin for dogecoin, what site do you use? Looks like a good time to exchange", 'https://www.reddit.com/r/NiceHash/comments/l88ckv/exchanging_bitcoin_for_dogecoin_canada/', 'l88ckv', [['u/wingracer', 18, '2021-01-30 02:11', 'https://www.reddit.com/r/NiceHash/comments/l88ckv/exchanging_bitcoin_for_dogecoin_canada/glbegp5/', "Brilliant plan. Buy high, sell low. It's the American dream.\n\nedit: and perhaps the Canadian dream too", 'l88ckv']]], ['u/Apvthy', 'Serious question about doge', 15, '2021-01-30 01:14', 'https://www.reddit.com/r/dogecoin/comments/l88sgs/serious_question_about_doge/', "So i bought 100$ worth of doge yesterday and i'm holding. As of right now i'm down 30$. Now my question is mostly directed to actual crypto veterans and not to those who just hopped on the bandwagon without even knowing what they're doing. How exactly are we supposed to get this crypto to $1 if we can't even make it past .05? Especially considering that this crypto isn't finite like bitcoin or eth for example? I'm starting to lose faith in the hype and i realistically don't see how i will ever be making profit from this. People keep saying to hold but the longer we hold the more i see the value of the coin going down... Shouldn't it be the opposite?", 'https://www.reddit.com/r/dogecoin/comments/l88sgs/serious_question_about_doge/', 'l88sgs', [['u/Muted_Jaguar6408', 11, '2021-01-30 01:15', 'https://www.reddit.com/r/dogecoin/comments/l88sgs/serious_question_about_doge/glb7ntz/', 'It’s been a day give it some time. Hardly anyone gets rich overnight', 'l88sgs']]], ['u/doungen_', '🚀DOGECOIN - How to buy DOGE COIN with cheapest trading fee🚀', 128, '2021-01-30 01:22', 'https://www.reddit.com/r/dogecoin/comments/l88yrw/dogecoin_how_to_buy_doge_coin_with_cheapest/', 'Hello, in the next steps you will learn how to buy DOGE / Dogecoin with cheapest fees. Available everywhere except the US.\n\n**Step 1** Sign up at Binance via: [https://www.binance.com/en/register?ref=E92EN0TU](https://www.binance.com/en/register?ref=E92EN0TU) \\- Save 10% trading fees with my link\n\n**Step 2** Go to Wallet &gt; Fiat &amp; Spot &gt; Deposit &gt; Verify your identity for depositing via Bank and make a deposit. Otherwise skip the verification and deposit via Crypto. Always check that the correct receiving address is entered of your Spot Wallet.\n\n**Step 3** EUR = On the top click "Markets" then search for "DOGE" and click on "DOGE / EUR".\n\nOtherwise: [https://www.binance.com/en/trade/DOGE\\_EUR](https://www.binance.com/en/trade/DOGE_EUR) \\- You can use Limit and Market order. Limit: You need to enter an buy Price. Market: At the next best possible price. Now move the slider to 100% or how much u want to buy and click on "buy DOGE".\n\n\\-\n\nCrypto / BTC example = On the top click "Markets" then search for "DOGE" and click on "DOGE / BTC"(Or first u need to change your deposited Coins to one of the DOGE trading pairs (BTC/BUSD/USDT).\n\nOtherwise: [https://www.binance.com/en/trade/DOGE\\_BTC](https://www.binance.com/en/trade/DOGE_BTC) \\- You can use Limit and Market order. Limit: You need to enter an buy Price. Market: At the next best possible price. Now move the slider to 100% or how much u want to buy and click on "buy DOGE".\n\n**Step 4** Now you can check your Wallet. On the top click Wallet &gt; Fiat and Spot. Otherwise: [https://www.binance.com/en/my/wallet/account/main](https://www.binance.com/en/my/wallet/account/main)\n\n**Step 5** HODL it!\n\nIf you have questions, just ask and i will try to help you.\n\n&amp;#x200B;\n\n**Nice to know - Save 25% more fees** [https://www.b... 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 to USD, rose by 0.17% on Saturday. Following on from a 2.63% gain on Friday, Bitcoin ended the day at $34,341.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $34,929.0 before hitting reverse. Falling short of the first major resistance level at $37,980, Bitcoin fell to an early morning intraday low $32,827.0. While steering clear of the first major support level at $31,256, Bitcoin fell through the 23.6% FIB of $33,008. Finding support through the rest of the day, Bitcoin broke back through the 23.6% FIB to revisit $34,800 levels before easing back. The near-term bullish trend remained intact, in spite of the recent sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Crypto.com Coin (-6.77%), Litecoin (-0.94%), and Polkadot (-1.59%) saw red to buck the trend. It was a bullish day for the rest of the majors, however. Ripple’s XRP surged by 56.84% to lead the day. Binance Coin (+4.64%), Cardano’s ADA (+4.95%), and Chainlink (+3.91%) also found strong support. Bitcoin Cash SV (+0.57%) trailed the front runners, with Ethereum ending the day flat. In the current week, the crypto total market cap fell to a Wednesday low $847.51bn before rising to a Friday high $1,136.27bn. At the time of writing, the total market cap stood at $1,005.74bn. Bitcoin’s dominance rose from a Monday low 62.54% to a Friday high 65.93%. At the time of writing, Bitcoin’s dominance stood at 63.40%. This Morning At the time of writing, Bitcoin was down by 0.24% to $34,260.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,407.0 before falling to a low $34,091.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.18%), Bitcoin Cash SV (+0.57%), Chainlink (+0.84%), and Polkadot (+0.23%) found early support. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 2.70% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $34,032 to bring the first major resistance level at $35,238 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $34,929.0. Barring an extended crypto rally, the first major resistance level and resistance at $35,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,134. Failure to avoid a fall through the $34,032 pivot would bring the first major support level at $33,136 and the 23.6% FIB of $33,008 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$32,000 levels. The second major support level sits at $31,930. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 29/01/21 AUD/USD Forex Technical Analysis – Weakness Under .7678 with .7592-.7579 Next Potential Downside Targets USD/JPY Forex Technical Analysis – Safe-Haven Buying Spikes Dollar/Yen to Highest Level Since Mid-November S&P 500 Price Weekly Price Forecast – Stock Markets Have Tough Week Natural Gas Price Forecast – Natural Gas Markets Drop to end the Week The Crypto Daily – Movers and Shakers – January 31st, 2021', 'Bitcoin, BTC to USD, rose by 0.17% on Saturday. Following on from a 2.63% gain on Friday, Bitcoin ended the day at $34,341.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $34,929.0 before hitting reverse.\nFalling short of the first major resistance level at $37,980, Bitcoin fell to an early morning intraday low $32,827.0.\nWhile steering clear of the first major support level at $31,256, Bitcoin fell through the 23.6% FIB of $33,008.\nFinding support through the rest of the day, Bitcoin broke back through the 23.6% FIB to revisit $34,800 levels before easing back.\nThe near-term bullish trend remained intact, in spite of the recent sell-off. For the bears, Bitcoin would need to slide through the 62% FIB of $18,504 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCrypto.com Coin(-6.77%),Litecoin(-0.94%), and Polkadot (-1.59%) saw red to buck the trend.\nIt was a bullish day for the rest of the majors, however.\nRipple’s XRPsurged by 56.84% to lead the day.\nBinance Coin(+4.64%),Cardano’s ADA(+4.95%), andChainlink(+3.91%) also found strong support.\nBitcoin Cash SV(+0.57%) trailed the front runners, withEthereumending the day flat.\nIn the current week, the crypto total market cap fell to a Wednesday low $847.51bn before rising to a Friday high $1,136.27bn. At the time of writing, the total market cap stood at $1,005.74bn.\nBitcoin’s dominance rose from a Monday low 62.54% to a Friday high 65.93%. At the time of writing, Bitcoin’s dominance stood at 63.40%.\nAt the time of writing, Bitcoin was down by 0.24% to $34,260.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,407.0 before falling to a low $34,091.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (+0.18%), Bitcoin Cash SV (+0.57%), Chainlink (+0.84%), and Polkadot (+0.23%) found early support.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Ripple’s XRP was down by 2.70% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $34,032 to bring the first major resistance level at $35,238 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $34,929.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $35,500 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $37,000 before any pullback. The second major resistance level sits at $36,134.\nFailure to avoid a fall through the $34,032 pivot would bring the first major support level at $33,136 and the 23.6% FIB of $33,008 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$32,000 levels. The second major support level sits at $31,930.\nThisarticlewas originally posted on FX Empire\n• European Equities: A Week in Review – 29/01/21\n• AUD/USD Forex Technical Analysis – Weakness Under .7678 with .7592-.7579 Next Potential Downside Targets\n• USD/JPY Forex Technical Analysis – Safe-Haven Buying Spikes Dollar/Yen to Highest Level Since Mid-November\n• S&P 500 Price Weekly Price Forecast – Stock Markets Have Tough Week\n• Natural Gas Price Forecast – Natural Gas Markets Drop to end the Week\n• The Crypto Daily – Movers and Shakers – January 31st, 2021', 'Thus should you be casually queried off-the-cuff as to the present price of Gold , your simply responding “1850” without nary a thought ought be fairly spot on, impressively making you appear as one “in the know.” But year-to-date, the precious metals story (albeit somewhat stealthily) is Silver . For have you been watching the Gold/Silver ratio of late? We have as it has its own dedicated cell on our key screen of live data. Which is why for the first time “in forever” we of a sudden sat bolt upright this past Thursday in taking notice of said ratio being sub-70x! “Is it live? Or is it Memorex?”, (i.e. on tape from nearly four years ago). For that was the last instance of the Gold/Silver ratio being below 70x: 17 April, 2017 at 69.9x. Fast forward that tape to today and the ratio is now 68.4x. The millennium-to-date average of the Gold/Silver ratio is 66.2x such that ’tis fair to say these two precious metals are well within a standard deviation of having returned to being on “par” with one another. (For those of your caring to include a full generation prior, said average ratio as dated from 1975 is 59.7x). Either way, here’s the daily graphic across these past twenty years (plus one month) of the Gold/Silver ratio with its average as having evolved throughout: Indeed peeking back to The Gold Update of 04 April 2020 (“Gold Losing A Gear As Markets Are Losing their Fear”), we therein penned: “…the Gold/Silver ratio … [is] a staggeringly high 113.5x, nearly double the millennium-to-date average…” On that date, the price of Silver was 14.53: today at 27.06 ’tis +86.3% since then; (Gold across the same time frame is but a comparable +12.2%). Hence the race back to a more realistic reading. And clearly ’tis not because of any fallout in Gold. Rather, ’tis due to Silver finally garnering long-overdue committed notice by getting much more of a bid than has Gold in recent months. Even for just this brief year so far, Gold is -2.7% — in last place by the BEGOS Market Standings — but Silver in second place is +2.0%. Here’s the table with 2021’s first trading month officially in the books: Story continues ‘Course Oil +7.7% is the big winner thus far in 2021, clearly being cushioned by the nixing of new StateSide energy facilities, (the void of which hardly shall be filled by substantive “green” sources perhaps for decades). But again as to Sweet Sister Silver’s outlook for the balance of this year: should the Gold/Silver ratio of, let’s say 70x, be maintained and Gold touch our forecast high of 2401 , that mathematically would see Silver at 34.30 … “Got Silver?” As for the present we’ve got Gold by its weekly bars from a year ago-to-date, price’s churning nonetheless keeping the relatively fresh parabolic Long trend intact, its fourth blue dot appearing as shown. But priced at 1850 with the “flip to Short” price at 1779, such distance of 71 points is basically the same of that portrayed a week ago, which given the present “expected weekly trading range” of 70 points still finds this Long trend technically subject to **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: 2021-01-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $682,692,244,894 - Hash Rate: 149060642.12828052 - Transaction Count: 290753.0 - Unique Addresses: 702062.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Monday, January 1, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.Subscribe The stock marketclosed outan already impressive year with a powerful year-end rally, with the S&P 500 (^GSPC) climbing 14.9% in November and December. In the post-World War II era, the S&P delivered >10% gains during the final two months of the year just five other times (1954, 1962, 1970, 1985, and 1998). And asLPL Financial analysts observed, each of those five experiences were followed by a year of >10% returns in the market with an average gain of 18%. A big 2021 would be particularly impressive considering the run the market has already been on. Last year’s16% gainfollows a massive29% surge in 2019. DataTrek Research looked back at the history and observed that the market delivered three (or more) consecutive years of >10% five other times: 1942-1945, 1949-1952, 1963-1965, 1995-1999, and 2012-2014. While it wouldn’t be unprecedented to have another year of double-digit returns, it would be pretty unusual. And DataTrek’s Nicholas Colas has his doubts. “If we had to guesstimate, we’d say 80% of all the baseline good news expected in 2021 is already incorporated in an S&P 500 at 3,700 in late December 2020,” Colas wrote last week. As we discussed in theMorning Brief last Wednesday, the stock market at present reflects expectations for the future. And there are lots of bullish things that people are confident will happen in the coming months. “Do we really think investors haven’t figured out that corporate earnings will rebound sharply in 2021?” Colas said. “Or that they don’t believe the Federal Reserve is serious about keeping interest rates low across the curve?” If stocks are going to have another blowout year, Colas thinks we’d have to see earnings growth that is stronger than the strength already expected; a COVID-19 vaccine rollout that happens much quicker than expected; and/or more fiscal stimulus than is on its way. The truth is we really are living in unprecedented times andhistory won’t be very helpfulin predicting what’s to come. Indeed, there’s a strong argument to be made that all the perceived optimism about the future is actually far more conservative than most think, which means therisks could be tilted to the upside. All of this will become much more clear in hindsight. BySam Ro, managing editor. Follow him at@SamRo Economy • 9:45 a.m. ET:Markit US Manufacturing PMI,December final (56.3 expected, 56.5 in prior print) • 10:00 a.m. ET:Construction spending,month-over-month, November (1.0% expected, 1.3% in October) Earnings • No notable releases scheduled Also:Georgia Senate runoffs, December jobs report: What to know in the week ahead European shares surges as Oxford-AstraZeneca vaccine rollout begins[Yahoo Finance UK] Ladbrokes owner Entain rejects $11 billion offer from MGM Resorts[Yahoo Finance UK] Carl Icahn sells over half his Herbalife stake for $600 million[Reuters] Bitcoin holds above $30,000 after weekend rally[Yahoo Finance UK] This new plastics company backed by Pepsi is trying to save the planet Rolls-Royce introduces a car for the 'post-opulence era' Pernod Ricard: Drinkers like deliveries, but bar life will see 'resurgence' as COVID vaccine rolls out — Follow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,SmartNews,LinkedIn,YouTube, andreddit. Find live stock market quotes and the latest business and finance news For tutorials and information on investing and trading stocks, check outCashay... - Reddit Posts (Sample): [['u/notyouagain2', 'In less than 6hrs, BTC will have sustained $30k for 30 consecutive days.', 3399, '2021-01-31 00:15', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/', 'What a glorious month!\n\nP S - Fuck Wall St.', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/', 'l8yhg0', [['u/whatsgoodbruvv', 322, '2021-01-31 00:21', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glf5dfl/', 'Bitcoin tested 29k a few days ago lol', 'l8yhg0'], ['u/fosteju', 40, '2021-01-31 00:31', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glf6mua/', 'Yes and then immediately jumped 10-20%', 'l8yhg0'], ['u/imivani', 412, '2021-01-31 00:34', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glf6vv3/', "That's because buying at $30k is a great price these days", 'l8yhg0'], ['u/disciplinedhodler', 72, '2021-01-31 00:42', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glf7trf/', 'Bitcoin helps me sleep at night.', 'l8yhg0'], ['u/restore_democracy', 218, '2021-01-31 00:58', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glf9q4d/', 'So it’s sustained $29k for 29 days!', 'l8yhg0'], ['u/Confirmation__Bias', 98, '2021-01-31 01:41', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glfeqbl/', 'Not true... Bitcoin went under $30k like 3 different times since it set it’s current all time high', 'l8yhg0'], ['u/mrtuna', 33, '2021-01-31 03:14', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glfpedx/', "So it didn't sustain 30k?", 'l8yhg0'], ['u/Philip_K_Fry', 55, '2021-01-31 03:45', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glfsvyf/', "WTF is BTC closing? That number is completely arbitrary since exchanges run 24/7. Also, I'm pretty sure it dropped to just above 28,000 in the third week of January.\n\nEDIT: So by your chart the 30 day low would be 28,722.76 on Jan 4. It also dipped below 29,000 on Jan 22 and below 30,000 4 days ago on Jan 27. You won't be able to claim a sustained price above 30K until Feb 26 at the earliest.", 'l8yhg0'], ['u/Izrud', 15, '2021-01-31 04:01', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glfuo5x/', 'That\'s not how math works. You cannot "sustain" a price if you go below that price. BTC closing is an absolutely arbitrary measurement and means jack shit in crypto land. \n\nAbsolute highs and lows are the only real measurement here.', 'l8yhg0'], ['u/mrtuna', 20, '2021-01-31 04:25', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glfxfze/', 'Well it kind of invalidates the heading...', 'l8yhg0'], ['u/AngryPazuta', 12, '2021-01-31 05:11', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glg2in6/', "That is when I'll empty my bank acct", 'l8yhg0'], ['u/Chronicles0122', 42, '2021-01-31 05:42', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glg5r0g/', 'Here I’ll give this a go : \nevery day , for 30 consecutive days btc has been at or above 30k at some point during each of those 30 consecutive 24 hour Windows of time. Now everyone can be happy with our new definition. Yay.', 'l8yhg0'], ['u/Mistur_Turtle', 14, '2021-01-31 06:09', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glg8fot/', 'Holy shit some people can really be pedantic lol', 'l8yhg0'], ['u/QuantumColossus', 89, '2021-01-31 06:18', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glg9b26/', 'Its a complete cycle for a fertile female', 'l8yhg0'], ['u/jonoghue', 17, '2021-01-31 06:54', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgcp05/', "Even though it's &gt;50% from previous ATH, I'm starting to get real ~~board~~ bored of sub $40,000 lol", 'l8yhg0'], ['u/[deleted]', 10, '2021-01-31 07:16', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgej9e/', "I'm buying the hell out of Bitcoin and have no plan on stopping.", 'l8yhg0'], ['u/9trogenta', 48, '2021-01-31 07:29', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgfm97/', 'I was in a losing position for years for buying at 12K. I\'ll take that 29K "drop" haha', 'l8yhg0'], ['u/heyheoy', 108, '2021-01-31 07:34', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgg1q8/', 'indeed, im getting my paycheck this comming week, i will put more money into btc!! Every month a lil stash', 'l8yhg0'], ['u/dickforbrainz420', 24, '2021-01-31 07:57', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glghtbg/', 'This is the way slow and steady my friend', 'l8yhg0'], ['u/tesseramous', 42, '2021-01-31 08:36', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgko42/', 'Moving Averages:\n\n5-Day\t32,716.44\n\n20-Day\t34,864.36\n\n50-Day\t26,685.96\n\n100-Day\t19,670.13\n\n200-Day\t14,816.46', 'l8yhg0'], ['u/Bkeeneme', 18, '2021-01-31 09:20', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgnnag/', 'Just wait until the dust settles from GME and no one wants to touch the stock market anymore and those stimulus checks come in. Crypto will go pass the Oort Could. I guarantee it.', 'l8yhg0'], ['u/n0bodyM', 125, '2021-01-31 09:25', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgnzu6/', "I just got into the cryptocurrency space after seeing the bs going on in Wall Street, and decided to start DCA $20 a week Bitcoin since its the most i can afford. I hope it pays off, I'm a 19 year old working a dead end job, but I see a future in Bitcoin. It really is still early days.", 'l8yhg0'], ['u/Crypto_District', 11, '2021-01-31 09:36', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgopyq/', 'It will pay off :)', 'l8yhg0'], ['u/thondera', 31, '2021-01-31 10:18', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgreo0/', 'On Binance (highest volume):\n\nJan 4th, $28,130\n\nJan 5th, $29,900\n\nJan 22nd, $28,850\n\nJan 27th, $29,241\n\nJan 28th, $29,842', 'l8yhg0'], ['u/SeanReillyEsq', 108, '2021-01-31 10:25', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgrt57/', "Dude do BTC but also invest in yourself. Don't just see BTC as a lottery ticket.\n\nI was same at 19 (actually all the way to 23) dead end retail job, no qualifications, living with parents when it was much easier than it is now to move out, drinking &amp; partying my life away, building up expensive (like 27%) credit card debt.\nBut I decided to start investing in myself, reading books like Rich Dad, Poor Dad, How To Win Friends &amp; Influence People &amp; The Four Hour Work Week. Books like these change your mindset. \nThen learn how to code or use online advertising tools or actively trade Crypto or Forex, learn how Blockchain works or anything else where the barrier to entry is knowledge that you can freely gain from the internet and disciplined use of time. \nThen when you feel you have learnt enough to start (the first 20 hours or so according to Josh Kaufman) risk one of your $20 to prove your knowledge.\nDon't be afraid to fail, or make a fool of yourself. Just take it as a lesson and push forward. \nIf you try this approach you'll be in a better place. It will take time but every step forward you take you'll be amazed.\n\nHopefully then you'll be in a place in 5 years to DCA $200 a month or $2000 or more into BTC", 'l8yhg0'], ['u/ST-Fish', 12, '2021-01-31 10:25', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgrt74/', "Bitcoin will go beyond 40k by Monday. I know that because Monday is my payday, and I won't be lucky enough to buy that low. Only if I could buy at 30k again. \n\nWhatever, I think it's a safe investment anywhere below 80k", 'l8yhg0'], ['u/ThePolyhistor', 52, '2021-01-31 10:41', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgstvj/', 'Mindset is important, but be aware that some of those writers you mention are selling you the idea that someday you will also be rich. As long as you buy enough books, listen to enough podcasts and join their seminars.\n\nI would avoid “4 hour work week” and rather invest the time in “fooled by randomness” and “the intelligent investor”.', 'l8yhg0'], ['u/designingtheweb', 13, '2021-01-31 10:55', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgtmnd/', 'Bitcoin doesn’t close. The markets are 24/7 and it would totally depend on your timezone', 'l8yhg0'], ['u/123Cancun', 12, '2021-01-31 11:03', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgu5dv/', 'I don’t know women so that’s all you guys', 'l8yhg0'], ['u/lespaul97', 10, '2021-01-31 11:05', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_have_sustained_30k_for/glgu900/', 'agree with fooled by randomness', 'l8yhg0'], ['u/Pufflekun', 24, '2021-01-31 11:39', 'https://www.reddit.com/r/Bitcoin/comments/l8yhg0/in_less_than_6hrs_btc_will_hav... 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:** ["EXCLUSIVE: Following one of the craziest weeks in Wall Street history, Hollywood already has its sights set on the wild story with a familiar face looking to tell it. Sources tell Deadline that following a competitive situation, MGM has acquired the book proposal The Antisocial Network from New York Times best-selling author Ben Mezrich , which tells one of the biggest news stories of the year, about a ragtag group of amateur investors, gamers, and internet trolls who brought Wall Street to its knees. Even though the story is barely a week old, insiders say Mezrich and his reps took the proposal on the market at the end of the week and by Friday night MGM had moved fast to acquire the rights. The project brings MGM’s Michael DeLuca back together with Mezrich, author of The Accidental Billionaires: The Founding Of Facebook, a Tale Of Sex, Money, Genius and Betrayal, which was adapted into the Academy Award-winning The Social Network that DeLuca produced. More from Deadline AMC Ent. Stock Rises More As Analyst Warns It's Worth A Buck; GameStop Dips, Reddit Furor Grows - From Shares To Silver AMC Stock Roars Back As GameStop Frenzy Resumes; Silver Lake Sells Entire Stake On Runup - Update MGM Nears Deal For Jared Leto-Darren Aronofsky-Jason Blum Package 'Adrift' This latest story seems right up Mezrich’s alley and started when a group of rag-tag investors from the Reddit page called Wall Street Bets banded together to put the squeeze on at least two hedge funds that had bet that Gamestop shares would fall. the hedge funds had been shorting GameStop’s shares, betting that its stock was doomed to further decline, these amateur investors led by the Reddit page began pushing the other way, buying shares and stock options. That caused GameStop’s market value to increase rise over 1,700% since December. Between Tuesday and Wednesday, the market value rose over $10 billion. The fun didn’t stop there as more newcomers to the stock game began looking at other stocks deemed obsolete or super low like Nokia and AMC to try and do the same resulting a major controversy when the trading app RobinHood began putting restrictions on certain stocks. Story continues Its unknown where Mezrich’s story starts and stops but its certainly a story as timely as you can get and clearly something Hollywood was happy to sink its teeth in so soon. Academy Award-nominee Aaron Ryder of Ryder Picture Company (RPC), who recently signed a first look film deal with MGM, will produce. Cameron and Tyler Winklevoss will executive produce via their Winklevoss Pictures production banner. The Project is known to be a priority for MGM’s DeLuca and Pamela Abdy. Johnny Pariseau will oversee for the studio. The book is expected to go to out to publishers for auction in February. Mezrich has written more than 20 books, with well over six million copies sold. His books including Bringing Down The House: The Inside Story of Six M.I.T. Students Sho Took Vegas For Millions , which spent sixty-three weeks on the New York Times bestseller list and was adapted for the screen with the film 21 . The Accidental Billionaires: The Founding Of Facebook, a Tale Of Sex, Money, Genius and Betrayal spent eighteen weeks on the New York Times bestseller list and appeared on hit bestseller lists in over a dozen countries. Mezrich and Aaron Sorkin share a Scripter Award for Best Adapted Screenplay for the film adaptation The Social Network . Mezrich is the only non-fiction author to have two adaptations open #1 at the box office. His book Bitcoin Billionaires was an international bestseller and is being made into a motion picture, as is The Midnight Ride , a novella that was originally published in serialized form by The Boston Globe and will be released by Grand Central in January 2022. The feature rights have been acquired by Amblin Partners. Academy Award-nominee Ryder is a prolific producer, with projects including Denis Villeneuve’s Arrival, starring Amy Adams; Lisa Joy’s Reminiscence starring Hugh Jackman (now in post-production for Warner Bros.); the critically acclaimed Pieces of a Woman starring Vanessa Kirby for Netflix, The Good House for Amblin Pictures, and Greyhound starring Tom Hanks for Apple. He is currently in post on The Map of Tiny Perfect Things for Amazon Studios and is currently in production in Montreal on Damian Szifron’s Misanthrope starring Shailene Woodley, which he is producing for FilmNation Entertainment. As one of the founding members of FilmNation, Ryder contributed greatly to the company’s creative direction and enduring success, producing over a dozen films including: Arrival ; Jeff Nichols’ Mud ; and The Founder , directed by John Lee Hancock and starring Michael Keaton. Ryder’s collaboration with Christopher Nolan runs deep, having produced The Prestige starring Hugh Jackman and Christian Bale and executive producing Memento starring Guy Pearce, which was nominated for two Academy Awards. CAA reps Mezrich’s book. Sign up for Deadline's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .", "EXCLUSIVE: Following one of the craziest weeks in Wall Street history, Hollywood already has its sights set on the wild story with a familiar face looking to tell it. Sources tell Deadline that following a competitive situation, MGM has acquired the book proposal The Antisocial Network from New York Times best-selling author Ben Mezrich , which tells one of the biggest news stories of the year, about a ragtag group of amateur investors, gamers, and internet trolls who brought Wall Street to its knees. Even though the story is barely a week old, insiders say Mezrich and his reps took the proposal on the market at the end of the week and by Friday night MGM had moved fast to acquire the rights. The project brings MGM’s Michael DeLuca back together with Mezrich, author of The Accidental Billionaires: The Founding Of Facebook, a Tale Of Sex, Money, Genius and Betrayal, which was adapted into the Academy Award-winning The Social Network that DeLuca produced. More from Deadline AMC Ent. Stock Rises More As Analyst Warns It's Worth A Buck; GameStop Dips, Reddit Furor Grows - From Shares To Silver AMC Stock Roars Back As GameStop Frenzy Resumes; Silver Lake Sells Entire Stake On Runup - Update MGM Nears Deal For Jared Leto-Darren Aronofsky-Jason Blum Package 'Adrift' This latest story seems right up Mezrich’s alley and started when a group of rag-tag investors from the Reddit page called Wall Street Bets banded together to put the squeeze on at least two hedge funds that had bet that Gamestop shares would fall. the hedge funds had been shorting GameStop’s shares, betting that its stock was doomed to further decline, these amateur investors led by the Reddit page began pushing the other way, buying shares and stock options. That caused GameStop’s market value to increase rise over 1,700% since December. Between Tuesday and Wednesday, the market value rose over $10 billion. The fun didn’t stop there as more newcomers to the stock game began looking at other stocks deemed obsolete or super low like Nokia and AMC to try and do the same resulting a major controversy when the trading app RobinHood began putting restrictions on certain stocks. Story continues Its unknown where Mezrich’s story starts and stops but its certainly a story as timely as you can get and clearly something Hollywood was happy to sink its teeth in so soon. Academy Award-nominee Aaron Ryder of Ryder Picture Company (RPC), who recently signed a first look film deal with MGM, will produce. Cameron and Tyler Winklevoss will executive produce via their Winklevoss Pictures production banner. The Project is known to be a priority for MGM’s DeLuca and Pamela Abdy. Johnny Pariseau will oversee for the studio. The book is expected to go to out to publishers for auction in February. Mezrich has written more than 20 books, with well over six million copies sold. His books including Bringing Down The House: The Inside Story of Six M.I.T. Students Sho Took Vegas For Millions , which spent sixty-three weeks on the New York Times bestseller list and was adapted for the screen with the film 21 . The Accidental Billionaires: The Founding Of Facebook, a Tale Of Sex, Money, Genius and Betrayal spent eighteen weeks on the New York Times bestseller list and appeared on hit bestseller lists in over a dozen countries. Mezrich and Aaron Sorkin share a Scripter Award for Best Adapted Screenplay for the film adaptation The Social Network . Mezrich is the only non-fiction author to have two adaptations open #1 at the box office. His book Bitcoin Billionaires was an international bestseller and is being made into a motion picture, as is The Midnight Ride , a novella that was originally published in serialized form by The Boston Globe and will be released by Grand Central in January 2022. The feature rights have been acquired by Amblin Partners. Academy Award-nominee Ryder is a prolific producer, with projects including Denis Villeneuve’s Arrival, starring Amy Adams; Lisa Joy’s Reminiscence starring Hugh Jackman (now in post-production for Warner Bros.); the critically acclaimed Pieces of a Woman starring Vanessa Kirby for Netflix, The Good House for Amblin Pictures, and Greyhound starring Tom Hanks for Apple. He is currently in post on The Map of Tiny Perfect Things for Amazon Studios and is currently in production in Montreal on Damian Szifron’s Misanthrope starring Shailene Woodley, which he is producing for FilmNation Entertainment. As one of the founding members of FilmNation, Ryder contributed greatly to the company’s creative direction and enduring success, producing over a dozen films including: Arrival ; Jeff Nichols’ Mud ; and The Founder , directed by John Lee Hancock and starring Michael Keaton. Ryder’s collaboration with Christopher Nolan runs deep, having produced The Prestige starring Hugh Jackman and Christian Bale and executive producing Memento starring Guy Pearce, which was n **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: 2021-02-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $626,070,642,766 - Hash Rate: 124217201.7735671 - Transaction Count: 280863.0 - Unique Addresses: 724841.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.77 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Online brokerage platforms Robinhood Markets and Interactive Brokers sparked an outrage on Thursday after the platforms restricted its users from trading GameStop and other stocks. Photo: Reuters/Carlo Allegri Global regulators have fired warning shots on the GameStop ( GME ) saga, as feverish trading took place over the last week. Watchdogs on both sides of the Atlantic said they are monitoring activity and potential lawbreaking, warning traders they could face huge losses. Online brokerage platforms Robinhood Markets and Interactive Brokers sparked an outrage on Thursday after the platforms restricted its users from trading GameStop and other stocks. Reddit-inspired investors bought up shares in a war on hedge funds, that have long been shorting the stocks. Shares in the video game retailer soared more than 60% in early trade in the US on Friday. GameStop and other shorted stocks face continued volatility, after broker Robinhood lifted restrictions. READ MORE: Bitcoin price surges after Elon Musk shows support GameStop has risen around 700% in the past week, while AMC Entertainment ( AMC ) and Blackberry ( BB ) — also targets of Redditors — experienced wild swings. On Friday, analysts said concerns over this week’s drama had rattled wider markets, despite the far more limited squeezes and levels of short interest in European stocks versus the US. The VSTOXX volatility index for European leading stocks hit its highest level since November. The UK’s regulator warned that traders should make sure they are familiar with all the rules “including market abuse.” The UK's Financial Conduct Authority (FCA) said: "The FCA is aware of the situation and continues to closely monitor trading in UK markets. UK investors should take care when trading shares in highly volatile market conditions that they fully understand the risks they are taking. This applies to UK investors trading both US and UK stocks. The US’s Securities and Exchange Commission (SEC) said: "Extreme stock price volatility has the potential to expose investors to rapid and severe losses and undermine market confidence." It warned against “manipulative” and illegal trading and said it would review actions that might disadvantage investors, such as the stop on trading on Thursday. Watch: GameStop frenzy shows frustration with system... - Reddit Posts (Sample): [['u/damittydam', 'Reading the posts at dogecoin and satoshi st bets this weekend has been so entertaining.', 55, '2021-02-01 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/l9olh9/reading_the_posts_at_dogecoin_and_satoshi_st_bets/', '"I bought 10k doge sToCkS, bought 100k more when it dipped"\n\n" Guys I started a petition to put a limit on the number of dogecoins"\n\n" I started a petition for gamestop/tesla/paypal to start accepting dogecoins"\n\n"Bitcoin and Ethereum are the money of the elites and whales, doge is the money of the masses. they don\'t want us to get rich, so they\'re dumping dogecoins, just buy and hold and we\'ll stick it to them"\n\n"Gyus lil yatchy is holding, if he can, we can too"\n\n"EtHeReUm HaS nO SuPpLy LiMiT, iTs ThE sAmE aS dOgE"', 'https://www.reddit.com/r/CryptoCurrency/comments/l9olh9/reading_the_posts_at_dogecoin_and_satoshi_st_bets/', 'l9olh9', [['u/naviejsason', 18, '2021-02-01 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/l9olh9/reading_the_posts_at_dogecoin_and_satoshi_st_bets/glj6fp4/', 'You forgot the best one:\n\n“ElON mUsk sPeLt baCKwArdS iS DoGE 🤯🚀🚀🌙', 'l9olh9'], ['u/Impossible-Program55', 11, '2021-02-01 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/l9olh9/reading_the_posts_at_dogecoin_and_satoshi_st_bets/glj7pu7/', 'I’m losing it over this post🤣. We have to collect all the ridiculous things people are saying.', 'l9olh9'], ['u/snatcoin', 11, '2021-02-01 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/l9olh9/reading_the_posts_at_dogecoin_and_satoshi_st_bets/glji9wa/', "If you buy into a crypto, you are never buying share of that crypto. You are just buying some of the tradable coins. It's like if you buy certain Pokemon cards, you don't own part of the Pokemon company. \n\n\nThe exchanges and market in general dictate what something is worth via the buyers buying and sellers selling that coin. Dogecoin used to be fun in 2014.. but the community is a lot different now.", 'l9olh9']]], ['u/fixthetracking', 'Newcomers, do yourselves a favor and read the pinned post to understand this sub better.', 80, '2021-02-01 00:34', 'https://www.reddit.com/r/btc/comments/l9p5f5/newcomers_do_yourselves_a_favor_and_read_the/', 'You might be wondering, "Why are my memes and posts about BTC price getting downvotes?" Or, "Why am I seeing a lot of posts about BCH in a BTC sub?" \n\nWonder no more! Check out the pinned post and learn a little.\n\nI\'ll add that you won\'t find a crypto sub with more intelligent people and thoughtful posts. Price gains are fun, but they\'re only the cherry on top. This community finds a ton of value in technological discussion, deep questions about cryptocurrency\'s place in the world, and on-chain scaling for global P2P cash.\n\nThis is an uncensored sub about any and all Bitcoin forks. What happens when you allow people to talk about any fork of Bitcoin? Well, it turns out they talk about the one that works the best - Bitcoin Cash. Bitcoin Cash continues the original mission of Bitcoin, as described in the original whitepaper by Satoshi Nakamoto. That means scaling on-chain and extremely low fees. \n\nYou\'ll also find a lot of talk about exciting new developments in the Bitcoin Cash world. Flipstarter, AnyHedge, Detoken, Simple Ledger Protocol, noise.cash, read.cash, Memo, Member, ElectronCash, CashFusion, CashTokens, scalenet, and many other things. If you don\'t know what those things are, you should search this sub and Google and learn about them because it\'s stuff like this that is going to change the world!\n\nIf you have questions, feel free to ask. Don\'t be a jerk about it and you\'ll find people here are ready to show you what we\'ve been up to in the BCH world.', 'https://www.reddit.com/r/btc/comments/l9p5f5/newcomers_do_yourselves_a_favor_and_read_the/', 'l9p5f5', [['u/ChaosElephant', 16, '2021-02-01 00:51', 'https://www.reddit.com/r/btc/comments/l9p5f5/newcomers_do_yourselves_a_favor_and_read_the/gljbeu6/', 'This needs more upvotes (about 418k more upvotes).', 'l9p5f5'], ['u/billyinforsey', 12, '2021-02-01 01:07', 'https://www.reddit.com/r/btc/comments/l9p5f5/newcomers_do_yourselves_a_favor_and_read_the/gljdh9g/', 'You mean this isn’t a sub for posting stupid emojis and talking about Short stocks and dogs while spewing TikToc activism against “the man”? /s', 'l9p5f5']]], ['u/volatileutopia', 'To the newbies: doge is shit', 740, '2021-02-01 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/', 'Ok newbies.....I\'m not an expert but I\'ve been holding since 2012. Firstly two factor authenticate all your crypto accounts ALWAYS \n\nSecondly, dont buy stocks of crypto and that\'s basically what doge is....its fucking usless. I\'m sure I\'ll catch neg karma for this but buy coins you can DO SOMETHING WITH\n\nI get these stock bros see $BTC and think you missed the rocket ship. You have not. I bought my first coin at 340 something. I\'m still buying today\n\nThirdly, doge is good pricing grounds yea, you see if mad people run it price goes up....then what? It drops because it\'s useless. \n\nYou really wanna stick it to the suits look at what real crypto can do. $LTC $BCH $XRP and so forth...You can fucking buy it use it! and decentralize your currency...no regulation, you hold yours I hold mine....except in the case of exchanges....that brings me to my last point get yourself a fucking wallet. \n\nI\'m so happy to see what reddit and WSB have done to the stock market but it will be stopped it will be regulated....crypto is a true revolution \n\nFuck doge....buy something you can actually use \n\nVery very very lastly $BTC ain\'t anywhere were it could be 30, 40, 50 is still a great place to get in on if you dont believe me buy 50$ worth and sit on it for 3 months. \n\nEducate yourself. Up your security....in 2012 I bought coin didnt know what I was doing, didnt 2fa and in 2016 had 120k hacked from me....its my own fault I was being stupid, that\'s my fault. "Google titan" is a really good reasonable tool, "google autheticator" is a great free tool. \n\nPs fuck doge....fuck doge start a true revolution', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/', 'l9ph48', [['u/cobradobra', 27, '2021-02-01 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljjk9u/', 'Can you suggest a book/tutorial where I can learn about cryptotrading? Doge was my first crypto and I failed, but I want to learn more about this', 'l9ph48'], ['u/13blues13moons', 24, '2021-02-01 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljjwtq/', "I traded all my doge for 50 dollars worth of bitcoin. Sure I lost money but at least I won't make the same mistake again 😅", 'l9ph48'], ['u/TruthsUDontWannaHear', 59, '2021-02-01 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljk4lj/', '&gt; Fuck doge....buy something you can actually use\n\nIf you had any experience trading you would know that Doge one of the best coins for moving funds around, especially between exchanges. Even before the pump it had much volume.\n\nAs for actually buying stuff in the real world, all crypto is shit for that atm, although if I had to buy a cup of coffee with crypto I would be picking a currency with a 1 doge fee and not one with a $8 fee.\n\nIf you want to tell people not to buy doge, just tell them not buy stuff that has already gone 3000% (or whatever it is) this year. Don\'t act like the coin doesn\'t function well or that the developers have not done a good job.\n\nAnd certainly don\'t act like buying your bags (XRP, LTC, BCH) is "sticking it to the man" lol.', 'l9ph48'], ['u/LethalBaboon', 30, '2021-02-01 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljld4x/', "That's because Doge is a meme pump and dump type crypto. Nothing backs it, it's not useful, and there's no limit to how much there will be in total.", 'l9ph48'], ['u/5tr4nGe', 24, '2021-02-01 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljlkan/', "Doge is brilliant, as a fundamental exchange of value. \n\nAs an investment, sure it's shit. \n\nBut as an actual currency / exchange of value, it works. And that is what a cryptocurrency should do. \n\n1 Doge will always = 1 Doge.", 'l9ph48'], ['u/TruthsUDontWannaHear', 31, '2021-02-01 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljmb11/', 'The "no limit" thing is misleading.\n\nDoge\'s supply inflation is currently 3.9% per year. It gets lower every year, and gets right up to 0% but it never completely gets to 0%.\n\nThere is no meaningful difference between a coin that ends up with 0% yearly inflation and a coin that ends up with 0.00000000000000000000000000000000000001% yearly inflation.', 'l9ph48'], ['u/buster2Xk', 19, '2021-02-01 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljnitg/', "Some have argued that DOGE's lack of a limit is a solution to the problem of not rewarding miners for processing transactions, thus leading to huge fees. I don't think that's necessarily correct or incorrect, but it's also a problem Bitcoin doesn't need to face for decades yet.", 'l9ph48'], ['u/5tr4nGe', 38, '2021-02-01 02:35', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljoir8/', '&gt; Nothing backs it\n\nOh boy do I have news for you about literally all cryptocurrency.', 'l9ph48'], ['u/TruthsUDontWannaHear', 15, '2021-02-01 02:37', 'https://www.reddit.com/r/CryptoCurrency/comments/l9ph48/to_the_newbies_doge_is_shit/gljouul/', 'Yes, it was a very interesting innovation. Even if the mild inflation is not strictly necessary, it is definitely not going to hurt the coin in the long run because the inflation gets so low. So I think... 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:** ['Zurich - 2 February 2021 - 21Shares AG , the pioneering issuer of crypto Exchange Traded Products (ETPs) is launching the world’s first Polkadot ETP (ADOT SW - CH0593331561 - PDOT) "DOT ETP" on the regulated segment of the Swiss stock exchange (SIX Exchange) on Thursday February 4th, 2021 . Last Friday, Polkadot was admitted by the Index Provider to the 21Shares HODL basket ETP as second-largest constituent after Bitcoin (BCH being removed) and as such, makes it is the perfect timing to add an additional single asset ETP to the already wide range of crypto ETPs 21Shares offers. “We remain committed to the unprecedented demand we are seeing from institutional investors wanting exposure to crypto-assets and 21Shares remains ahead of the curve for delivering innovative yet simple financial products on the market. Our expertise and experience reflect the clear advantage we have over other market participants” Hany Rashwan, CEO 21Shares AG , says. “After investors purchase their first Bitcoins through our ETPs, there is a natural transition to invest in other crypto assets. We have consistently delivered a range of products over the last two years demonstrating our stronghold in the D-A-CH region. European investors are approaching us to launch new products based on other key crypto assets to enable them easy access without the need for a private key or unregulated wallets and exchanges. We benefit from trusted partners for the liquidity provision and upon continued institutional demand, we are launching the DOT ETP to give investors a safe, regulated, and easy way to obtain exposure to this exciting new blockchain technology. In the next 3 months, we aim to add 2 to 3 more innovative ETPs as well as new European exchange listings. No other issuer in this industry enjoys such a wide range of crypto ETPs and on so many European exchanges’ regulated segments.” Polkadot serves as a blockchain of blockchains, allowing otherwise independent blockchains to communicate with each other, share security features, and transfer assets freely amongst themselves. The DOT token is the native token of the Polkadot network. It serves a couple of vital roles in the system: It is designed to participate in governance decisions, including tabling proposals and voting. In addition, it is used as an electronic payment system. With its market capitalization currently standing at over $16.8 billion, the DOT token now surpasses that of XRP by over $4 billion and has attained the status of the third-largest cryptocurrency. Though the popularity of the DOT token has increased substantially over the past months, it is still not easy for non-technical users to buy and hold and interact with it. The DOT ETP lowers the barriers to entry for newcomers to the crypto asset industry and allows a much wider audience to be able to participate in its development. Story continues The launch comes in light of the recent surge in interest for this asset class. 21Shares AG has seen a 5-fold increase in demand across its suite of crypto ETPs since Q3 2020. This is based on the amount of new inflows into the ETPs. That demand came mainly from institutional investors who have preferred an institutional-grade ETP versus other structures currently available on the market. The DOT ETP will allow clients to invest, diversify through its various ETPs, and gain exposure to the multi-chain application environment that enables cross-chain interoperability on a level previously not possible via their traditional broker or bank. The ETP structure means that the product benefits from 100% physical collateralization. Each share is fully collateralized by the corresponding amount of physical DOT tokens. In addition, on exchange liquidity provision is assured by our existing ETP market markets who have supported us since inception back in November 2018. This allows even more conservative institutions to safely hold this asset class via an Exchange Traded Product. SWISS SIX : 21Shares Polkadot ETP | CH 0593331561 | WKN A3GPQM | ADOT SW in USD | German Ticker PDOT About 21Shares 21Shares makes investing in crypto assets as easy as buying shares using your conventional broker or bank. Investors can invest in cryptocurrencies using a conventional ETP structure (or tracker) easily, with total confidence and security and cost-effectively thanks to the 21Shares suite of ETPs now composed of 12 Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares Bitcoin (ABTC:SW | 21XB:GY), 21Shares Ethereum (AETH:SW), 21Shares XRP (AXRP:SW | 21XX:GR), 21Shares Bitcoin Cash ETP (ABCH:SW), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), Sygnum Platform Winners Index ETP (MOON:SW), 21Shares Short Bitcoin ETP (SBTC:SW | 21XS:GY), 21Shares Polkadot ETP (ADOT:SW | PDOT:GR). The entire suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Börse Stuttgart in CHF, USD, GBP and EUR respectively. Founded in 2018, 21Shares is led by a team of talented serial entrepreneurs and experienced banking professionals from the technology and financial world. Incorporated in Zug, with offices in Zurich and New York, the company has launched several world firsts, including the first listed crypto basket index (HODL) ETP in November 2018. 21Shares has 12 crypto ETPs listed today and has over $445 million in AuM in total listed products. Press Contact Laurent Kssis +41 44 260 8660 [email protected] Disclaimer This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States.This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com . The approval of the 2019 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2019 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand. This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. This document constitutes advertisement within the meaning of the Swiss Financial Services Act and not a prospectus. Copies of the current Base Prospectus dated 13 November 2020 are available free of charge from the website of the Issuer. Subject to applicable securities laws, the Base Prospectus and the final terms of any product mentioned herein can be obtained from 21Shares AG on the website. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.', 'Zurich - 2 February 2021 - 21Shares AG , the pioneering issuer **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: 2021-02-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $626,070,642,766 - Hash Rate: 157341788.913185 - Transaction Count: 364551.0 - Unique Addresses: 865515.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Suzanne Barlyn (Reuters) - Elon Musk on Sunday asked about the possibility of converting "large transactions" of Tesla Inc's balance sheet into bitcoin, according to a Twitter exchange between Musk and a well-known advocate for the digital currency. Michael Saylor, chief executive officer of MicroStrategy Inc, in a tweet to Musk, suggested that the billionaire Tesla founder and head, make the move. "If you want to do your shareholders a $100 billion favor, convert the $TSLA balance sheet from USD to #BTC," Saylor wrote in his tweet. "Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor." "Are such large transactions even possible?" Musk replied to Saylor. "Yes. I have purchased over $1.3 billion in #BTC in past months & would be happy to share my playbook with you offline....," Saylor tweeted. Tesla and Musk could not be reached for comment. "Every CEO faces the challenge of how to preserve & enhance shareholder value in the face of this year’s unprecedented monetary expansion," Saylor said in a message to Reuters. "Bitcoin is the best solution to the store of value problem faced by every individual, investor, & corporation on earth," Saylor said. Shares of Tesla rose to a record high on Friday in a frantic day of trading as investors geared up for the electric carmaker's much anticipated entrance into the benchmark S&P 500 index on Monday. Bitcoin rose to a high of $24,299.75 on Sunday, after passing the $20,000 milestone for the first time last week, amid surging interest from larger investors. Bitcoin was last at $23,60.98 up 2.88%. (Reporting by Suzanne Barlyn; editing by Diane Craft)... - Reddit Posts (Sample): [['u/sgtslaughterTV', 'This thread is for everyone who lost money on Dogecoin, XRP and to prevent the NEXT BIG PUMP AND DUMP. Read this thread to avoid losing money!', 168, '2021-02-02 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/', '**Forenote / Disclaimer: this thread is designed for you to not lose money but also shouldn\'t be taken as financial advice. I am telling you what NOT to buy. Show this to your friends who want to "get rich overnight."** \n\nThere are quite a few users who have spilt over in to our subreddit from wallstreetbets and the dogecoin sub and god knows where else. After seeing this not only happen with a coin that was designed as a MEME and nothing more and then happening with XRP, I feel like there is an elephant in the room that needs to be addressed. \n\n[please read this thread](https://np.reddit.com/r/CryptoCurrency/comments/kp6s43/inside_a_pumpanddump_group_the_deception_the_con/) on how a pump and dump group operates. If you don\'t have time, the TL;DR is - they buy tokens / coins anywhere from a few minutes to a few hours before the head of the group tells everyone to pump a coin. Then they dump their coins without telling you. They claim you get "insider" information if you give them 0.01 BTC or invite 30 people to the group. \n\n#**Pay attention to these fundamentals:** \n1. It doesn\'t actually matter if there is a cryptocurrency that is more efficient, more secure, faster, or better in general because.... \n2. You will not see people who mined bitcoin for nearly free in 2010, or bought it at 10 cents each, 1 dollar each, 10 dollars each, 100 dollars each, or 1000 dollars each dumping at 34,000 USD for a token that almost no one has heard of. Even if such a thing existed, you couldn\'t get everyone to agree on when / how to dump their bitcoin for "something better", this was tried with bitcoin cash and the market has spoken. \n3. Financial institutions aren\'t interested in anything except bitcoin right now (and are **much less interested in something the SEC has legal issues with**) because it functions as a hedge against inflation and it has verifiable scarcity. \n4. You need to pay attention to **market capitalization** (market cap for short) of a cryptocurrency. Go to coingecko.com. Check out the market cap of your "coin" and then compare it to bitcoin\'s marketcap. In order for it to surpass ethereum it needs to get 130 billion USD of fresh capital quickly. If it wants to get past bitcoin, it needs to get at least 600 billion USD of new capital. with that in mind... \n5. If your token is under 50 cents but it\'s in the top 100, do the math and figure out how / what it would need to get "past bitcoin". Just because it\'s "cheaper than bitcoin" doesn\'t mean everyone wants to buy it. \n\nHopefully this thread has been helpful. That is all. Thank you for reading. Show it to a friend who doesn\'t know what he or she is doing.', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/', 'lahezu', [['u/iBeelz', 32, '2021-02-02 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/glnyg2j/', 'Assume anyone promoting anything as BUY BUY HOLD has personal stakes in it.', 'lahezu'], ['u/theoruss', 32, '2021-02-02 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/glnz020/', 'Don’t tell the guys over at r/dogecoin they are going to the moon...', 'lahezu'], ['u/Lupi_X', 12, '2021-02-02 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/glo0gp8/', 'a coordinated "Buy and HODL" is such bs', 'lahezu'], ['u/flooha', 32, '2021-02-02 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/glocp43/', 'I posted some dogecoin math and the post got downvoted to the abyss.', 'lahezu'], ['u/theoruss', 15, '2021-02-02 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/lahezu/this_thread_is_for_everyone_who_lost_money_on/gloctgj/', 'I tried to help by warning them with some posts and comments which ended up getting removed by a mod lol', 'lahezu']]], ['u/HugeRealEstate', 'Do we see any threats to bitcoin in the coming years?', 15, '2021-02-02 00:30', 'https://www.reddit.com/r/Bitcoin/comments/lahjqo/do_we_see_any_threats_to_bitcoin_in_the_coming/', 'Hi guys I’m fairly new to this game and I’ve been doing a lot of research and like you guys I recognize the massive potential this currency has. I’m thinking about purchasing a full Bitcoin. It seems like it’s a really safe investment with a massive upside based on the charts and the path I’ve been seeing. (even though some would argue it’s not due to its current volatility).\n\nWhy should I not just throw a bag of money at this thing?\n\nThanks.', 'https://www.reddit.com/r/Bitcoin/comments/lahjqo/do_we_see_any_threats_to_bitcoin_in_the_coming/', 'lahjqo', [['u/DudeIncogneto', 18, '2021-02-02 00:40', 'https://www.reddit.com/r/Bitcoin/comments/lahjqo/do_we_see_any_threats_to_bitcoin_in_the_coming/glo0cao/', "You shouldn't ask the internet if you should throw bags of money at something.", 'lahjqo']]], ['u/BlockchainIOTfan', 'New to VET? Not sure where to buy? Click here!', 227, '2021-02-02 00:33', 'https://www.reddit.com/r/Vechain/comments/lahlkp/new_to_vet_not_sure_where_to_buy_click_here/', '**Hello Community!**\n\nWe’ve noticed many newcomers lately having difficulty buying VET. We’ve decided to put together a live document for detailing how to purchase VET from various global exchanges. \n\n*Please note: If you would like to see your preferred method or exchange added to the list below, please leave a comment with details so we can update and expand this guide for the benefit of everyone, everywhere. Newcomers, old hats and everyone in between.*\n\nSincerely, the Moderation Team.\n\n#Buying VET/VTHO with fiat \n\n*Example - Binance.US: USD*\n\nStep 1 - [Register](https://accounts.binance.us/en/register) an account on [Binance.US](http://binance.us/)\n \nStep 2 - Deposit USD using a [Debit Card](https://support.binance.us/hc/en-us/articles/360046786954-How-to-add-deposit-via-Debit-Card), [Wire Transfer](https://support.binance.us/hc/en-us/articles/360046808774-How-to-Deposit-via-Domestic-Wire), or [ACH](https://support.binance.us/hc/en-us/articles/360047428853-How-to-deposit-via-ACH) \n\n\nStep 3 - Buy from the [Buy-Sell Crypto page](https://www.binance.us/en/buy-sell-crypto)\n\nOR\n\n\nGo to the trading page for [VET/USD](https://www.binance.us/en/trade/VET_USD) or [VTHO/USD](https://www.binance.us/en/trade/VTHO_USD)\n\n\nStep 4 - Submit a buy order. When the order fills it will appear in your [account balance](https://www.binance.us/en/usercenter/wallet/balances).\n\n\nStep 5 - Finally, withdraw to an Official VeChainthor Wallet [IOS](https://itunes.apple.com/us/app/id1397679485?mt=8), [Android](https://play.google.com/store/apps/details?id=com.vechain.wallet), [Sync](https://env.vechain.org/#sync)\n\n*Other direct fiat to VET options include:*\n\n[Crypto.com](https://help.crypto.com/en/articles/3579328-the-crypto-com-app-user-guide), [Bitpanda.com](https://www.bitpanda.com/en/prices/vechain)\n\nProtip: “Recurring Buy” is a feature offered on multiple exchanges that allows you to automatically buy crypto by simply opting in on [Binance.us](https://support.binance.us/hc/en-us/articles/360050446113-Recurring-Buys-from-Binance-US), [Crypto.com](https://help.crypto.com/en/articles/4170965-recurring-buy-how-does-it-work) or an exchange of your choice that offers this service. \n\n\n#Buying VET/VTHO with Crypto \n\n*Example: Binance.com*\n\n\nStep 1 - [Register](https://accounts.binance.com/en/register) an account on [Binance](http://binance.com/)\n\nStep 2 - [Deposit](https://www.binance.com/en/support/faq/85a1c394ac1d489fb0bfac0ef2fceafd) the cryptocurrency you wish to buy VET with\n\n\nStep 3 - Go to the trading page for [VET/BTC](https://www.binance.com/en/trade/VET_BTC), [VET/BNB](https://www.binance.com/en/trade/VET_BNB), [VET/USDT](https://www.binance.com/en/trade/VET_USDT), or [VTHO/BNB](https://www.binance.com/en/trade/VTHO_BNB), [VTHO/USDT](https://www.binance.com/en/trade/VTHO_USDT)\n\n\nStep 4 - Submit a buy order. When the order fills it will appear in your [account balance](https://www.binance.com/en/usercenter/wallet/balances). \n\n\nStep 5 - [Withdraw](https://www.binance.com/en/my/wallet/account/main/withdrawal/crypto/VET) to an Official VeChainthor Wallet \n[IOS](https://itunes.apple.com/us/app/id1397679485?mt=8), [Android](https://play.google.com/store/apps/details?id=com.vechain.wallet), [Sync](https://env.vechain.org/#sync)\n\n\nOther crypto to VET options include:\n[Bitrue](Bitrue.com) and [OceanEx](Oceanex.pro)\n\n----\n\n\n\n**Various guides for depositing fiat into cryptocurrency exchanges**\n\nBinance\n\n[How to deposit Fiat Currencies with Bank Transfer (SEPA)?](https://www.binance.com/en/support/faq/e117b4c063534e5f93b735b980575000)\n\n[Deposit EUR, GBP and RUB with Credit/Debit Card](https://www.binance.com/en/support/announcement/5bf2d75c81154a07b10ec8d1c97f2036)\n\nKraken \n\n[USD, EUR, CAD, AUD, GBP,](https://support.kraken.com/hc/en-us/articles/360000381846-Fiat-currency-deposit-options-fees-minimums-and-processing-times-)\n\nCoinbase \n\n[USD](https://help.coinbase.com/en/coinbase/getting-started/adding-a-payment-method/payment-methods-for-us-customers)\n[EUR](https://help.coinbase.com/en/coinbase/getting-started/adding-a-payment-method/payment-methods-for-european-customers)\n[GBP](https://help.coinbase.com/en/coinbase/getting-started/adding-a-payment-method/payment-methods-for-uk-customers)', 'https://www.reddit.com/r/Vechain/comments/... 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:** ['Quote To Start The Day:To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow.\nSource:Public.com\nOne Big Thing In Fintech:An “anonymously” led startup called Millions has raised a $3 million seed round for its fintech company that’s currently giving away free money through its Twitter account. The concept, inspired by the likes of YouTuber David Dobrik, is partly aimed at attracting attention for the new company but is also setting the stage for a forthcoming business model of sorts, where brands could participate in giveaways more directly.\nSource:TechCrunch\nOther Key Fintech Developments:\n• InvestCloudeyesgrowth, expansion.\n• BondViewaddstechnology updates.\n• Metaco, Cobaltpartneredon trading.\n• TrustLayer insurtechraising$6.6M.\n• USDC isliveon the Stellar network.\n• Intuitbuysapp integrator OneSaas.\n• JPMdevelopingquant tech for funds.\n• Axoniraises$31M in funding round.\n• Embraceof buy-side interoperability.\n• TradewebacquiresNasdaq platform.\n• TickPickacceptingBitcoin for tickets.\n• Current isfacingexponential growth.\n• Robinhood challengers areplotting.\n• Curveaddeda Samsung executive.\n• Altruistintrosa portfolio marketplace.\n• Divvy Homestaps$110M Series C.\n• Checkout.comexpandingleadership.\n• CoinFlipexceeding1M transactions.\n• MackeyRMS, InsiderScoremerging.\n• Routefusionsecuring$3.6M in seed.\nWatch Out For This:The days of executives choosing software for their employees based on IT compatibility or KPIs are gone. Employees now tell their boss what to buy. This is why we’re seeing more and more SaaS companies — Datadog, Twilio, AWS, Snowflake and Stripe, to name a few — find success with a usage-based pricing model.\nThe usage-based model allows a customer to start at a low cost, minimizing friction to getting started while still preserving the ability to monetize a customer over time because the price is directly tied with the value a customer receives. Not limiting the number of users who can access the software, customers are able to find new use cases — which leads to more long-term success and higher lifetime value.\nWhile we aren’t going 100% usage-based overnight, looking at some of the megatrends in software — automation, AI and APIs — the value of a product normally doesn’t scale with more logins. Usage-based pricing will be the key to successful monetization in the future.\nSource:TechCrunch\nInteresting Reads:\n• Acorns CEO talking micro-investing.\n• AOCtalksCapitol raid, eyes change.\n• Googlebeatsestimates, Cloud lags.\n• Hedge fundswalkaway unscathed.\n• Bezos to nolongerbe Amazon CEO.\n• NY street food vendors eyereforms.\n• Amazon plans topaydrivers $61.7M.\n• Googleshuttingdown Stadia studios.\n• Why we’rehearingmore on LiDAR.\n• Uber isbuyingDrizly for cool $1.1B.\n• Teslarecalls135K cars due to tech.\n• Bumble’s IPOraising$1B for growth.\n• 5G is on aacceleratinggrowth path.\n• New bill takesaimat urban freeways.\nMarket Moving Headline:The dynamics that transpired in GameStop can be traced back to factors like Federal Reserve stabilization efforts and low rates, which incentivize risk taking.\n“The growth of structured products, passive investing, the regulatory standpoint that’s been implemented with Dodd-Frank and dealers needing to hedge off their risk more frequently than not” are all part of a regime change that’s affected the stability of markets, said Kris Sidial, co-chief investment officer of The Ambrus Group.\n“These dislocations happen quite frequently in small windows, and it offers the potential for large outlier events,” like the equity bust and boom of 2020, he said.\n“Strength and fragility are two completely different components. The market could be strong, but fragile.”\nThe aforementioned dynamics of dealers’ risk exposure to direction and volatility causes violent crash dynamics to transpire.\nIn February 2020, one-sidedness in the market by yield-seeking participants like target date funds — such as mutual funds — selling far out-of-the money puts on the S&P 500 exacerbated volatility. So did customers looking to buy puts in an increasing fashion for downside exposure.\n“We’re in there buying puts, dealers are short puts and short stock,” Sidial said in a discussion on rising delta and volatility forcing dealers to sell into weakness to hedge.\n“As people reach for those downside puts on SPX, it now reflexively has another implication on increasing volatility. Well, all those people that are carrying short volatility exposure in their book are losing money.”\nIn all, a new regime with knock-on effects is forming solely due to positioning in the market.\nSource:Benzinga\nPictured: Newfound Researchunpacksmarket drivers, implications of liquidity.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Metromile Taps Uber Veteran Ryan Graves For M, Guidance On Innovation\n• Fintech Focus For February 2, 2021\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Fintech Header Quote To Start The Day: To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow. Source: Public.com One Big Thing In Fintech: An “anonymously” led startup called Millions has raised a $3 million seed round for its fintech company that’s currently giving away free money through its Twitter account. The concept, inspired by the likes of YouTuber David Dobrik, is partly aimed at attracting attention for the new company but is also setting the stage for a forthcoming business model of sorts, where brands could participate in giveaways more directly. Source: TechCrunch Other Key Fintech Developments: InvestCloud eyes growth, expansion. BondView adds technology updates. Metaco, Cobalt partnered on trading. TrustLayer insurtech raising $6.6M. USDC is live on the Stellar network. Intuit buys app integrator OneSaas. JPM developing quant tech for funds. Axoni raises $31M in funding round. Embrace of buy-side interoperability. Tradeweb acquires Nasdaq platform. TickPick accepting Bitcoin for tickets. Current is facing exponential growth. Robinhood challengers are plotting . Curve added a Samsung executive. Altruist intros a portfolio marketplace. Divvy Homes taps $110M Series C. Checkout.com expanding leadership. CoinFlip exceeding 1M transactions. MackeyRMS, InsiderScore merging . Routefusion securing $3.6M in seed. Watch Out For This: The days of executives choosing software for their employees based on IT compatibility or KPIs are gone. Employees now tell their boss what to buy. This is why we’re seeing more and more SaaS companies — Datadog, Twilio, AWS, Snowflake and Stripe, to name a few — find success with a usage-based pricing model. The usage-based model allows a customer to start at a low cost, minimizing friction to getting started while still preserving the ability to monetize a customer over time because the price is directly tied with the value a customer receives. Not limiting the number of users who can access the software, customers are able to find new use cases — which leads to more long-term success and higher lifetime value. Story continues While we aren’t going 100% usage-based overnight, looking at some of the megatrends in software — automation, AI and APIs — the value of a product normally doesn’t scale with more logins. Usage-based pricing will be the key to successful monetization in the future. Source: TechCrunch Interesting Reads: Acorns CEO talking micro- investing . AOC talks Capitol raid, eyes change. Google beats estimates, Cloud lags. Hedge funds walk away unscathed. Bezos to no longer be Amazon CEO. NY street food vendors eye reforms . Amazon plans to pay drivers $61.7M. Google shutting down Stadia studios. Why we’re hearing more on LiDAR. Uber is buying Drizly for cool $1.1B. Tesla recalls 135K cars due to tech. Bumble’s IPO raising $1B for growth. 5G is on a accelerating growth path. New bill takes aim at urban freeways. Market Moving Headline: The dynamics that transpired in GameStop can be traced back to factors like Federal Reserve stabilization efforts and low rates, which incentivize risk taking. “The growth of structured products, passive investing, the regulatory standpoint that’s been implemented with Dodd-Frank and dealers needing to hedge off their risk more frequently than not” are all part of a regime change that’s affected the stability of markets, said Kris Sidial, co-chief investment officer of The Ambrus Group. “These dislocations happen quite frequently in small windows, and it offers the potential for large outlier events,” like the equity bust and boom of 2020, he said. “Strength and fragility are two completely different components. The market could be strong, but fragile.” The aforementioned dynamics of dealers’ risk exposure to direction and volatility causes violent crash dynamics to transpire. In February 2020, one-sidedness in the market by yield-seeking participants like target date funds — such as mutual funds — selling far out-of-the money puts on the S&P 500 exacerbated volatility. So did customers looking to buy puts in an increasing fashion for downside exposure. “We’re in there buying puts, dealers are short puts and short stock,” Sidial said in a discussion on rising delta and volatility forcing dealers to sell into weakness to hedge. “As people reach for those downside puts on SPX, it now reflexively has another implication on increasing volatility. Well, all those people that are carrying short volatility exposure in their book are losing money.” In all, a new regime with knock-on effects is forming solely due to positioning in the market. Source: Benzinga Pictured: Newfound Research unpacks market drivers, implications of liquidity. Newfound Research See more from Benzinga Click here for options trades from Benzinga Metromile Taps Uber Veteran Ryan Graves For M, Guidance On Innovation Fintech Focus For Febr **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: 2021-02-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $685,530,868,750 - Hash Rate: 155271502.21695888 - Transaction Count: 344425.0 - Unique Addresses: 836448.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Dollar recovers from brief dip after weak payrolls report * Additional fiscal stimulus expected * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Updates prices) By Chuck Mikolajczak NEW YORK, Jan 8 (Reuters) - The dollar turned higher against a basket of major currencies on Friday after a dismal December U.S. payrolls raised expectations for further stimulus measures to prop up an economy battered by the coronavirus and its related government lockdown measures. The Labor Department said nonfarm payrolls decreased by 140,000 in December, the first decline in eight months, well below expectations that called for a still-weak increase of 71,000 jobs. The unemployment rate was 6.7%. Economic data during the week leading up to Friday's report indicated a stalling labor market. The greenback had been climbing from a nearly three-year low on Thursday as a rise in U.S. yields helped fuel the unwinding of bearish bets on the currency, with traders taking profits against the euro in particular. After a brief pullback after the release of the data, the greenback resumed its path higher, as expectations grew for additional stimulus measures to help buttress the economy until vaccine rollouts allow for the easing of lockdown measures. "You would've thought you would get a number like this, and you would say to yourself here comes that downward pressure or weakness into play and, lo and behold, the market says you're not right, we are going to go a little bit stronger," said JB Mackenzie, Managing Director for Futures & Forex at TD Ameritrade in Chicago. "You do have some expectations priced into the dollar of increased stimulus coming through, obviously the new presidency coming in as well, so expectations got priced in right off the bat so that is why you are seeing it holding." The dollar index last rose 0.35% at 90.117 after touching a high of 90.252, it's best level since Jan 1. U.S. President-elect Joe Biden said the jobs report shows Americans needed more immediate relief now and that taking action now would help the economy even with deficit financing, including $2,000 stimulus checks. The Democrats' Senate seat wins give Biden latitude to push through more spending, which some analysts predict will fuel risk appetite and be negative for bonds and the dollar, although a strongly bearish consensus outlook for the greenback at the end of 2020 has eased somewhat. The dollar index dropped 7% in 2020 and as much as 0.9% in the first few days of the new year on expectations of U.S. fiscal stimulus. But since hitting its lowest level since March 2018, the greenback has found some footing, climbing as much as 1.2% over two sessions. Both the euro and the pound weakened against the dollar as it gained ground. The euro was last down 0.5% to $1.2209 while sterling was last trading at $1.3562, down 0.01% on the day. Bitcoin hit a fresh all-time high of $41,802.84, and last rose 2.39% to $40,454.81, after smashing through $40,000 for the first time on Thursday. ======================================================== Currency bid prices at 2:49PM (1949 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 90.1170 89.8150 +0.35% +0.00% +90.2520 +89.6640 Euro/Dollar $1.2211 $1.2270 -0.49% -0.07% +$1.2285 +$1.2193 Dollar/Yen 103.9400 103.8300 +0.12% +0.64% +104.0850 +103.6300 Euro/Yen 126.91 127.37 -0.36% -0.01% +127.4600 +126.8200 Dollar/Swiss 0.8866 0.8855 +0.14% +0.23% +0.8884 +0.8825 Sterling/Dollar $1.3562 $1.3565 -0.01% -0.72% +$1.3636 +$1.3540 Dollar/Canadian 1.2716 1.2690 +0.21% -0.13% +1.2743 +1.2659 Aussie/Dollar $0.7747 $0.7769 -0.29% +0.70% +$0.7798 +$0.7729 Euro/Swiss 1.0825 1.0860 -0.32% +0.17% +1.0863 +1.0821 Euro/Sterling 0.9001 0.9044 -0.48% +0.72% +0.9050 +0.8994 NZ $0.7222 $0.7256 -0.47% +0.57% +$0.7280 +$0.7206 Dollar/Dollar Dollar/Norway 8.4480 8.4260 +0.34% -1.54% +8.4770 +8.3630 Euro/Norway 10.3155 10.3400 -0.24% -1.45% +10.3610 +10.2715 Dollar/Sweden 8.2348 8.1717 +0.09% +0.47% +8.2508 +8.1809 Euro/Sweden 10.0560 10.0473 +0.09% -0.20% +10.0730 +10.0358 (Additional reporting by Gertrude Chavez-Dreyfuss, Editing by Nick Zieminski and Alex Richardson)... - Reddit Posts (Sample): [['u/jmnolly00', "STOP PAYING FOR BRAD'S LAWYER FEES - Actual DD", 55, '2021-02-03 00:14', 'https://www.reddit.com/r/AltStreetBets/comments/lb9htd/stop_paying_for_brads_lawyer_fees_actual_dd/', "My wife is staying at her boyfriend’s place tonight because my 1INCH isn’t enough for her. So I am sitting here eating mi-goreng and thinking of how to end the misery that is XRP and Ripple.\n\n**What is XRP?**\n\n* XRP is not Ripple. XRP is a token, while Ripple is the company that develops solutions using XRP. XRP is used to transfer money over the Ripple network, either between individuals or banks.\n* Not all partners announced by Ripple use the XRP token. Only a few of the 300+ announced partners use XRP! [In fact, only 12 institutions are using or testing ](https://decrypt.co/5313/complete-ripple-partnerships-xrapid-xrp)Ripple products using XRP.\n* Unlike BTC, XRP token are not mined. Ripple has minted the entire supply of the token when the network was launched.\n* Ripple intermittently releases portions of the supply from escrow and sell on exchanges.\n\n**Why now?**\n\n* Brad and his brokeback mountain cowboys have been illegally raising funds by releasing XRP from escrow (there is still 48B XRP in escrow ready to be dumped) since 2013. The SEC knows this and has been building a case against Ripple and its executives for years.\n* The Ripple leadership team DGAF about XRP holders. The SEC has evidence that multiple Ripple execs have instructed market makers to dump tokens to coincide with news releases. [Check out their shady shit here.](https://www.ft.com/content/25648f67-36bb-45f1-8e37-3dabd4c68e89)\n* Don’t listen to XRP moonbois saying that XRP is already treated as a currency by FinCen and DOJ. The SEC is responsible for regulating the securities markets and protecting investors. Once the SEC proves that XRP is a security, watch both the DOJ and FinCen flip their stance and pursue criminal charges. [Check out how the SEC will prove that XRP is a security by using the Howey test.](https://dailyhodl.com/2020/06/17/xrp-fails-howey-test-and-is-not-a-security-says-former-cftc-chairman-christopher-giancarlo/)\n* Don’t trust some random Redditor? Trust the SEC. The SEC rarely loses in court. And **never** one involving cryptocurrency security tokens.\n * Remember Enigma? The team settled with the SEC and are now a rank \\~150 coin (as Secret Token).\n * Remember Kin? The KIK team decided to fight the SEC and lost.\n * Both coins were in the [top 100](https://coinmarketcap.com/historical/20180513/) and never recovered and are now barely hanging on.\n\n**Conclusion**\n\n**🚀 🚀 🚀 🚀 🚀 🚀** See you on the moon with XRPDOWN. Who's in? **🚀 🚀 🚀 🚀 🚀 🚀**\n\n**TLDR:**\n\nXRP deserves to go down to the depths of hell instead of being used to fund Brad Garlinghouse’s expensive lawyer fees to fight a losing battle against the SEC.\n\n* Want to advance the adoption of cryptocurrencies?\n* Missed out on pumps from BTC, DOGE, GME, XRP, BitConnect?\n* Made money on the pumps and looking to make money with XRP on the way down?\n* Lost money on the XRP PUMP AND DUMP?\n* A kid named Brad in highschool started a rumour about you losing your virginity to a squirrel?\n\nFUCK XRP 🚀 Get XRPDOWN\n\nYour's truly\n\n**XRPDOWNER**\n\n**🚀 🚀 🚀 🚀**", 'https://www.reddit.com/r/AltStreetBets/comments/lb9htd/stop_paying_for_brads_lawyer_fees_actual_dd/', 'lb9htd', [['u/mtrycz', 14, '2021-02-03 01:29', 'https://www.reddit.com/r/AltStreetBets/comments/lb9htd/stop_paying_for_brads_lawyer_fees_actual_dd/glsx5hm/', '&gt; FUCK XRP 🚀 Get XRPDOWN\n\nI support this initiative.\n\nu/chaintip', 'lb9htd']]], ['u/looperino_memes', 'You are not holding shares, please understand this.', 349, '2021-02-03 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/', 'I see so many new people saying they have "30 shares" of a coin or token. Let me clarify one thing for you:\n\nCoins are digital assets that run on their own native Blockchain. Examples of this are Bitcoin, Ethereum, Cardano and Polkadot.\n\nTokens are digital assets that are built on top of a Blockchain. For example, LINK is an ERC-20 token build on top off Ethereum.\n\nShares represent an ownership of a company. If Apple has 100 shares, and you own 1 share of those 100, you own 1% of Apple which makes you entitled to 1% of their Intellectual Property, Cash Reserves, Real Estate, etc.\n\nIf you have a partial ownership of Apple, you have shares. If you have 200 LINK, then you simply have 200 tokens of LINK (a.k.a Stinkies) which does not entitle you to Chainlink\'s profit nor Sergey\'s burger trips.\n\nI also hope if you are new that you are playing with.. well, play money. With that being said, welcome to Crypto and I wish you the best. TO THE MOOOOOOOOON 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/', 'lb9y3n', [['u/Karpathos81', 25, '2021-02-03 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/glstjfc/', 'I\'ve come across people calling them "shares" also. It sounds funny everytime I hear crypto being referred in that way.', 'lb9y3n'], ['u/looperino_memes', 23, '2021-02-03 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/glsts7u/', 'Bitcoin shares surged this morning as CEO Elon Musk announced Ethereum acquisition /s', 'lb9y3n'], ['u/mcshanksshanks', 167, '2021-02-03 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/glswt2a/', 'Another misconception is the idea that when you secure your crypto using a hardware wallet that your crypto is on the hardware wallet. It isn’t, only your private key is stored in the wallet, the crypto never leaves its respective blockchain.', 'lb9y3n'], ['u/buster2Xk', 47, '2021-02-03 01:37', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/glsy90i/', "Yep, this is how wallets can be offline. They're effectively just storing an authorization to move coins.", 'lb9y3n'], ['u/manageablemanatee', 26, '2021-02-03 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/glt1mco/', "Indeed. Cryptocurrencies really are just distributed ledgers with everyone's balance written on them. The clever part is that because of cryptography and the fact you have a private key, only you are allowed to send money from a particular account to any other.\n\nA wallet is just a piece of software that allows you to interact with that distributed ledger by using your private key to sign transactions from your account.", 'lb9y3n'], ['u/VitaminD3goodforyou', 10, '2021-02-03 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/gltdubg/', 'lol dumpster landfill rummage guy and that Ironkey lost password guy.', 'lb9y3n'], ['u/_o__0_', 13, '2021-02-03 05:15', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/gltooep/', 'This sub is going to suck for a year.', 'lb9y3n'], ['u/dolce_and_banana', 24, '2021-02-03 06:33', 'https://www.reddit.com/r/CryptoCurrency/comments/lb9y3n/you_are_not_holding_shares_please_understand_this/gltws6j/', 'My example with this is an analogy for your debit card. When you go to an ATM to withdraw money, the card itself does not hold any money. The debit card gives you access to an amount of money in your account (which is stored on bank servers).', 'lb9y3n']]], ['u/digibytenut', 'Why do we buy Digibyte instead of being all in on Bitcoin?', 29, '2021-02-03 00:42', 'https://www.reddit.com/r/Digibyte/comments/lba2ll/why_do_we_buy_digibyte_instead_of_being_all_in_on/', "Bitcoin was created to be hard money. Proof of work, fair launch (truly decentralized), fixed maximum supply. The immutable ledger/smart contracts feature of blockchain is a wonderful bonus. \n\nHundreds of cryptos will be involved in Internet 3.0, but there's a reason why institutions are piling into Bitcoin and not into Ethereum. Ethereum, like 95% of the existing cryptos, are great for utility but don't fit the definition of hard money. So............ Why do we by Digibyte instead of being all in on Bitcoin? \n\nDIGIBYTE IS SIMPLY THE MOST UNDERVALUED CRYPTO WORTHY OF BEING CONSIDERED SOUND MONEY!", 'https://www.reddit.com/r/Digibyte/comments/lba2ll/why_do_we_buy_digibyte_instead_of_being_all_in_on/', 'lba2ll', [['u/MikeNaYe', 15, '2021-02-03 01:52', 'https://www.reddit.com/r/Digibyte/comments/lba2ll/why_do_we_buy_digibyte_instead_of_being_all_in_on/glt03bj/', 'I bought my DGB Because the Crypto revolution was about retail breaking away from anything Wall Street or central authority related and have our own space to trade peer-to-peer. That\'s what got me into Crypto.. Now, the narrative is "We are waiting for institutional investors" to get in.. Since when did BTC and Alts needed Wall Street to survive? Bitcoin is no longer what it used to be, this current slow BTC with high fees is like a stock that is being used by the same GREEDY pigs to steal money from retail, AGAIN.. These are some of the reasons why i bought DGB and focus on other Alts.. I still hold some tiny BTC.. But some of us still haven\'t forgotten why Crypto was invented in the first place.', 'lba2ll'], ['u/Vizion400', 10, '2021-02-03 03:37', 'https://www.reddit.com/r/Digibyte/comments/lba2ll/why_do_we_buy_digibyte_instead_of_being_all_in_on/gltcyzr/', "Because it is the best form of both digital cash AND store of value\n\n(Practically free to transact , almost instant speed , and safety) (UTXO)\n\nso safe ...I trust this blockchain network more than Bitcoins .\n\nThat in itself is enough for me.\n\nDigiAssets, DigiBroker ,DigiCafe , DigiID were brilliant additions because th... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 reached a record-breaking value in 2020 and is likely to continue its upward trend. Photo: Getty Almost two-thirds of UK investors intend to buy bitcoin in 2021 and well over half expect its value to increase to $60,000 (£43,000), according to a survey. Financial platform Investing.com found 63% of UK investors intend to buy bitcoin in 2021 for the first time, or increase their holding in the currency. The survey was conducted in January with 802 respondents, and although 61% expect bitcoin value to hit $60,000, 30% expect the cryptocurrency to rise to an even higher $100,000 (£73,000) this year. READ MORE: Stocks mixed as bleak UK data offsets US vaccine and stimulus hopes Jesse Cohen, senior analyst at Investing.com, said: \x93After a record-breaking year in 2020 that saw it jump more than 300%, bitcoin looks to stay strong in 2021 as more retail \x96 and big-name institutional buyers \x96 enter the market. \x93The recent surge in first-time novice investors \x96 combined with the flush of ultra-cheap money being pumped into the global financial system by the Federal Reserve and other global central banks \x96 have found their way into many risk-perceived assets, including Bitcoin. \x93With Bitcoin moving into the mainstream and capturing greater attention, it will likely draw further scrutiny from regulators in the United States, Europe and Asia.\x94 WATCH: What is bitcoin? Among those surveyed, 74% already possessing bitcoin were planning to buy more of the cryptocurrency, and 47% of those who had not already invested in the coin intended on purchasing it in 2021. Half of bitcoin investors say they entered the market within the last three months, and 71% of new investors in the past year revealed that they joined the market after the October spike that saw the coin\x92s value skyrocket. READ MORE: GSK profits soar but final months of 2020 slow down progress Among new investors, 26% intend to invest between £1 and £1,000 into the cryptocurrency in 2021, and 21% plan to invest between £1,000 and £10,000. Bitcoin appears to be on an unstoppable upward trajectory, however investors believe it could also face a number of threats. Story continues Over half of investors believe new regulatory restrictions is the biggest threat to bitcoin, and more than a quarter said that a pullback leading to a big selloff is the largest concern for the cryptocurrency. Other potential threats mentioned by investors in the survey were competition from central banks, hacking and taxation. When asked about the future of other cryptocurrencies, 83% of investors expect the value of ethereum to rise in 2021 and 35% expect the litecoin value to rise also. WATCH: What are the risks of investing in cryptocurrency?', 'Bitcoin reached a record-breaking value in 2020 and is likely to continue its upward trend. Photo: Getty Almost two-thirds of UK investors intend to buy bitcoin in 2021 and well over half expect its value to increase to $60,000 (£43,000), according to a survey. Financial platform Investing.com found 63% of UK investors intend to buy bitcoin in 2021 for the first time, or increase their holding in the currency. The survey was conducted in January with 802 respondents, and although 61% expect bitcoin value to hit $60,000, 30% expect the cryptocurrency to rise to an even higher $100,000 (£73,000) this year. READ MORE: Stocks mixed as bleak UK data offsets US vaccine and stimulus hopes Jesse Cohen, senior analyst at Investing.com, said: \x93After a record-breaking year in 2020 that saw it jump more than 300%, bitcoin looks to stay strong in 2021 as more retail \x96 and big-name institutional buyers \x96 enter the market. \x93The recent surge in first-time novice investors \x96 combined with the flush of ultra-cheap money being pumped into the global financial system by the Federal Reserve and other global central banks \x96 have found their way into many risk-perceived assets, including Bitcoin. \x93With Bitcoin moving into the mainstream and capturing greater attention, it will likely draw further scrutiny from regulators in the United States, Europe and Asia.\x94 WATCH: What is bitcoin? Among those surveyed, 74% already possessing bitcoin were planning to buy more of the cryptocurrency, and 47% of those who had not already invested in the coin intended on purchasing it in 2021. Half of bitcoin investors say they entered the market within the last three months, and 71% of new investors in the past year revealed that they joined the market after the October spike that saw the coin\x92s value skyrocket. READ MORE: GSK profits soar but final months of 2020 slow down progress Among new investors, 26% intend to invest between £1 and £1,000 into the cryptocurrency in 2021, and 21% plan to invest between £1,000 and £10,000. Bitcoin appears to be on an unstoppable upward trajectory, however investors believe it could also face a number of threats. Story continues Over half of investors believe new regulatory restrictions is the biggest threat to bitcoin, and more than a quarter said that a pullback leading to a big selloff is the largest concern for the cryptocurrency. Other potential threats mentioned by investors in the survey were competition from central banks, hacking and taxation. When asked about the future of other cryptocurrencies, 83% of investors expect the value of ethereum to rise in 2021 and 35% expect the litecoin value to rise also. WATCH: What are the risks of investing in cryptocurrency?', 'Bitcoin reached a record-breaking value in 2020 and is likely to continue its upward trend. Photo: Getty Almost two-thirds of UK investors intend to buy bitcoin in 2021 and well over half expect its value to increase to $60,000 (£43,000), according to a survey. Financial platform Investing.com found 63% of UK investors intend to buy bitcoin in 2021 for the first time, or increase their holding in the currency. The survey was conducted in January with 802 respondents, and although 61% expect bitcoin value to hit $60,000, 30% expect the cryptocurrency to rise to an even higher $100,000 (£73,000) this year. READ MORE: Stocks mixed as bleak UK data offsets US vaccine and stimulus hopes Jesse Cohen, senior analyst at Investing.com, said: \x93After a record-breaking year in 2020 that saw it jump more than 300%, bitcoin looks to stay strong in 2021 as more retail \x96 and big-name institutional buyers \x96 enter the market. \x93The recent surge in first-time novice investors \x96 combined with the flush of ultra-cheap money being pumped into the global financial system by the Federal Reserve and other global central banks \x96 have found their way into many risk-perceived assets, including Bitcoin. \x93With Bitcoin moving into the mainstream and capturing greater attention, it will likely draw further scrutiny from regulators in the United States, Europe and Asia.\x94 WATCH: What is bitcoin? Among those surveyed, 74% already possessing bitcoin were planning to buy more of the cryptocurrency, and 47% of those who had not already invested in the coin intended on purchasing it in 2021. Half of bitcoin investors say they entered the market within the last three months, and 71% of new investors in the past year revealed that they joined the market after the October spike that saw the coin\x92s value skyrocket. READ MORE: GSK profits soar but final months of 2020 slow down progress Among new investors, 26% intend to invest between £1 and £1,000 into the cryptocurrency in 2021, and 21% plan to invest between £1,000 and £10,000. Bitcoin appears to be on an unstoppable upward trajectory, however investors believe it could also face a number of threats. Story continues Over half of investors believe new regulatory restrictions is the biggest threat to bitcoin, and more than a quarter said that a pullback leading to a big selloff is the largest concern for the cryptocurrency. Other potential threats mentioned by investors in the survey were competition from central banks, hacking and taxation. When asked about the future of other cryptocurrencies, 83% of investors expect the value of ethereum to rise in 2021 and 35% expect the litecoin value to rise also. WATCH: What are the risks of investing in cryptocurrency?', '* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * Dollar supported against euro and yen * Sterling in focus before BoE meeting * U.S. stimulus, vaccine progress give markets hope By Stanley White TOKYO, Feb 4 (Reuters) - The dollar traded near its strongest in more than two months against the euro and the yen on Thursday as pessimism about the U.S. economic outlook receded before the release of important data on the jobs market. The British pound held steady against the dollar and traded near an eight-month high versus the euro ahead of a Bank of England policy meeting that will publish findings on the feasibility of negative interest rates. Sentiment for the dollar has improved recently as progress in coronavirus vaccinations, moves by U.S. President Joe Biden to pass more fiscal stimulus, and improving economic data forced some bearish investors to give up their short positions. The dollar faces another test on Friday with the release of non-farm payrolls data, which will help confirm whether the world\'s largest economy has shrugged off a dip in growth toward the end of last year. "The dollar\'s recovery was triggered by a rebound in yields and an increase in inflation expectations," said Junichi Ishikawa, senior foreign exchange strategist at IG Securities. "This is supporting the dollar, which now has more room to rise against the euro, because the euro zone looks like it is lagging behind U.S. economic growth." Against the euro, the dollar stood at $1.2035, close to a nine-week high. The pound bought $1.3643, stabilising after a 0.2% decline in the previous session. Sterling traded at 88.19 pence per euro, near the strongest since May last year. The dollar was quoted at 105.04 yen, near its highest since mid-November. **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: 2021-02-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $685,530,868,750 - Hash Rate: 165622935.69808948 - Transaction Count: 367788.0 - Unique Addresses: 895626.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: “You can say that Bitcoin’s headquarters is in Lagos now. Or in Minsk. Or Hong Kong.” The year 2020, shaped by the global pandemic and political and economic crises worldwide, made us reconsider many things. Stuff that didn’t catch much attention before starts to matter. In crypto, new, powerful trends are also on the rise. This article is part of CoinDesk’sMost Influential 2020– a list of impactful people in crypto chosen by readers and staff. The NFT for the artwork here – byXCOPY– is available for auction atThe Nifty Gateway, with 50% of the proceeds going to charity. Related:Bridgewater's Ray Dalio Softens Stance on Bitcoin, Says It Has Place in Investors' Portfolios While bitcoin traders might pray for another big investor to pump the market with a fresh money injection, a different kind of adoption is happening globally:bitcoincomes to those who need it most. Unstoppable, uncensorable internet money – bitcoin is catching on among protesters and dissidents around the globe. “Bitcoin wallets today are easier and more effective than those in the past,” Alex Gladstein, chief strategy officer at the Human Rights Foundation, told CoinDesk. “Bitcoin’s liquidity has also grown enormously, and today there are people very happy to buy BTC from you in exchange for local currency in virtually every major urban area on Earth. For these two reasons, bitcoin is becoming a more viable tool for pro-democracy movements worldwide.” This year has also been rich for protests and civil unrest – a friendly environment for bitcoin’s libertarian, rudderless nature – but that’s not the only reason it’s gaining momentum with the civic movements around the world. Looks like the crypto industry is finally catching up with the needs of people beyond the community of tech-savvy crypto-evangelizing fans. Peoplerising against police brutality in Nigeria, thosefighting the ruling regime in Belarus, journalists in Hong Kong and theleader of the oppositionto President Vladimir Putin in Russia – they don’t necessarily believe in bitcoin’s mission, but for the mission they are on bitcoin became an essential tool. Related:Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week Most of these people are not vocal bitcoin advocates, and some of them had been crypto sceptics before discovering bitcoin as something they can use. “I used to be quite far from the crypto world but this thing turned out to be useful,” said Yaroslav Likhachevsky, co-founder of BYSOL, a non-profithelping people in Belaruswho lost their jobs during the ongoing political tumult. Gladstein, of the Human Rights Foundation, told CoinDesk the epicenter of the important bitcoin activity left the Western hemisphere: “You can say that the “headquarters of bitcoin” is in Lagos now. At least, everybody there understands its value proposition. Most of Silicon Valley is hopelessly ignorant about bitcoin,” Gladstein said. Belarusians have been protesting the results of the recent presidential election since August,not recognizingthe current president Alexander Lukashenko as a legitimate winner and demanding that he quits. The regime responded withmass arrestsand brutal beatings by the police,internet shutdownsand firing of those who participated in the protests. BYSOLis a non-profit started by a group of tech entrepreneurs to help people who were fired in retaliation for showing their political stance or quit their government jobs in protest. According to the officialwebsite, BYSOL has just recently distributed more than 1.9 million euros (over $2.3 million) in donations, all via bitcoin, to a thousand people across Belarus. This did not get unnoticed by the ruling regime: Bank accounts of the BYSOL founders were soon blocked. Mikita Mikado, founder of a startup PandaDoc, who also helped BYSOL, found his employeesarrestedin September on fraud allegations. One of them, product director Viktor Kuvshinov, isstill in jail. The team soon found out that while fiat rails are good for fundraising (BYSOL raised most of its funds viaFacebook’s fundraising interface), distributing help in fiat is hard. The authorities have been monitoring BYSOL founders’ bank accounts and blocking them, so crypto provided the only lifeline the regime could not touch. Maria Koltsyna, one of the people BYSOL helped, talked to CoinDesk three months after she was fired from her job at a town hall for showing support to the opposition candidate during the election. She got $1,500 worth of BTC via a mobile crypto wallet – along with the instructions how to install and use it. She immediately put the money to work, buying a laptop and starting to learn a new job – search engine optimization (SEO). Belarus, located in Eastern Europe between Russia and Poland, is a small economy but it turned into a regionalIT hubrecently, and one of the tech startups offered Maria Koltsyna a part-time job. She just got her certificate as a SEO professional and is excited for the future that awaits. She told CoinDesk the new life feels better than the one she left behind. “When I worked in our city hall, I felt sad not seeing any results of our work, any respect or team spirit among coworkers. Now, in this company, everyone is working for the goal, supporting each other and sticking together.” Losing the old job, together with the timely help, opened the door to totally different life, Maria said. She doesn’t hate waking up and going to work in the morning anymore. “It’s like I morally broke free,” she said. One thing that makes her pessimistic, though, is the actual results of the protest movement. So far, Lukashenko is still clinging to his power, even though he occasionallyadmittedthat he might have been in power “too long.” “It really worries me to think that on New Year’s Eve I turn on my TV and see the same president again,” Koltsyna said. Koltsyna’s fears are not without foundation: Alexander Lukashenko chose to cling to his power, posing on cameraswith an assault rifleand deploying squads of riot police of thepeaceful protest marches. Yaroslav Likhachevsky, CEO of a medical tech startup Deepdee, was a volunteer observer during August’s presidential election in Belarus and reported rule violations on his polling station. Together with other tech entrepreneurs and civil activists he founded BYSOL after the success of another initiative, where the activists raised funds for the COVID relief in Belarus, while the authoritiesdeniedthe country was hit by the pandemic at all. Living between Belarus and Netherlands, where Deepdee is headquartered, Likhachevsky is now staying in Europe fearing persecution at home. But he hopes to “celebrate Christmas at home,” he told CoinDesk. He believes the collapse of the current political system in Belarus is inevitable, but admits the process can take much longer than several weeks, potentially stretching to years. Same with the crypto adoption. So far, there are few Belarusians using bitcoin, even though some of them have been introduced to it first by BYSOL, just like Maria Koltsyna. Most converted bitcoin to fiat immediately upon receiving help, Likhachevsky said. As a currency which deliberately expunges any notion of identity, supporting the transactions of dissidents has always been at the core of bitcoin. “Right now, people view crypto as just a tool. But this can change when we grow the ecosystem significantly, so that people start paying each other in crypto,” he said. To start this parallel economy, the BYSOL team is now joining forces with several other non-profits helping people who were punished for protesting. Among them areBy_help, helping people arrested during the rallies to pay court fines, and a  peer-to-peer networkHonest People, where users can send money directly to the people in need, verified by volunteers. Together with BYSOL, these projects launched a mobile app, dubbedDigital Solidairty, that would aggregate the applications for help in one place, with a crypto wallet built in. People will be able to apply for help and get it in one place, right on their phones, and donate to help others, too, Likhachevsky said. Not that the other partners are excited about crypto, just as the BYSOL team wasn’t at first, Likhachevsky admits, but he’s planning to convince his colleagues to switch to crypto, too. A wake-up call came just weeks ago, when the Belarusian banksstarted blockingthe accounts of people By_help helped. “After this news, we had no choice but to move towards the digital economy of the future,” Likhachevsky said. Not to shock too many people with bitcoin’s volatility, the non-profit might switch totether, a dollar-pegged stablecoin, he added. BYSOL and others are preparing for a long game, even though they keep hoping victory is near. But the new infrastructure will be needed even if the protests reach their goal and Alexander Lukashenko quits, leaving the country for a new leader after 26 years of his authoritarian rule. “People will need help for some time after Lukashenko is gone,” Likhachekvsky said. “Because the economy will need some time to recover after it hasn’t been developing for 20 years.” Still, not too long to wait, he believes: “For good or bad, the wheel of history can not be stopped.” Read more:Belarus Nonprofit Helps Protestors With Bitcoin Grants In a different part of the world, the Feminist Coalition in Nigeria raised money to help people hurt by the police. The Coalition, just like the activists in Belarus, hadn’t used bitcoin until very recently. The group, aimed at promoting women’s rights in Nigeria, this fall offered help to the protestors that demanded the dismantling of the Special Anti-Robbery Squad (SARS), an infamously violent police subdivision. During the widespread #EndSARS demonstrations, people got hurt, arrested and even killed, so the Feminist Coalition helped with medical care, legal aid and funeral funding. After the local payment platform stopped servicing the organization, itswitched to bitcoin donations. According to the Coali... - 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.