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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, fell by 6.17% on Saturday. Reversing a 0.35% gain from Friday, Bitcoin ended the day at $46,844.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $50,737.0 before hitting reverse. While falling short of the first major resistance level at $51,332, Bitcoin broke through the 23.6% FIB of $50,473. The reversal saw Bitcoin slide back through the 23.6% FIB to a final hour intraday low $46,644.0. Bitcoin also fell through the first major support level at $48,967 and the second major support level at $47,469. The near-term bullish trend remained intact in spite of the latest slide back to sub-$47,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Cardano’s ADA rallied by 8.24%, with Ripple’s XRP gaining 6.22% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink slid by 11.04% to lead the way down. Binance Coin (-6.61%), Bitcoin Cash SV (-8.54%), Ethereum (-10.56%), and Litecoin (-8.07%) also struggled. Crypto.com Coin (-4.53%) and Polkadot (-3.07%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Wednesday high $2,577bn before sliding to an early Thursday low $1,965bn. At the time of writing, the total market cap stood at $2,162bn. Bitcoin’s dominance rose to a Monday high 46.90% before falling to a Saturday low 40.04%. At the time of writing, Bitcoin’s dominance stood at 40.88%. This Morning At the time of writing, Bitcoin was up by 1.08% to $47.352.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,500.0 before rising to a high $47,429.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 3.24% to buck the trend at the start of the day. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Ethereum was up by 5.78% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $48,075 to support a run at the first major resistance level at $49,506 and the 23.6% FIB of $50,473. Support from the broader market would be needed for Bitcoin to break back through to $50,000 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $50,737.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $53,000 before any pullback. The second major resistance level sits at $52,168. Failure to move through the pivot at $48,075 would bring the first major support level at $45,413 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592. The second major support level at $43,982 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021 Natural Gas Price Prediction – Prices Fail at Resistance Despite Rig Count Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Show Hesitation The Crypto Daily – Movers and Shakers – May 16th, 2021 The Crypto Daily – Movers and Shakers – May 15th, 2021 Natural Gas Price Forecast – Natural Gas Markets Pull Back From Same Level', 'Bitcoin, BTC to USD, fell by 6.17% on Saturday. Reversing a 0.35% gain from Friday, Bitcoin ended the day at $46,844.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $50,737.0 before hitting reverse.\nWhile falling short of the first major resistance level at $51,332, Bitcoin broke through the 23.6% FIB of $50,473.\nThe reversal saw Bitcoin slide back through the 23.6% FIB to a final hour intraday low $46,644.0.\nBitcoin also fell through the first major support level at $48,967 and the second major support level at $47,469.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$47,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCardano’s ADArallied by 8.24%, withRipple’s XRPgaining 6.22% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkslid by 11.04% to lead the way down.\nBinance Coin(-6.61%),Bitcoin Cash SV(-8.54%),Ethereum(-10.56%), andLitecoin(-8.07%) also struggled.\nCrypto.com Coin(-4.53%) and Polkadot (-3.07%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Wednesday high $2,577bn before sliding to an early Thursday low $1,965bn. At the time of writing, the total market cap stood at $2,162bn.\nBitcoin’s dominance rose to a Monday high 46.90% before falling to a Saturday low 40.04%. At the time of writing, Bitcoin’s dominance stood at 40.88%.\nAt the time of writing, Bitcoin was up by 1.08% to $47.352.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,500.0 before rising to a high $47,429.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was down by 3.24% to buck the trend at the start of the day.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 5.78% to lead the way.\nBitcoin would need to move through the pivot level at $48,075 to support a run at the first major resistance level at $49,506 and the 23.6% FIB of $50,473.\nSupport from the broader market would be needed for Bitcoin to break back through to $50,000 levels.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high $50,737.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $53,000 before any pullback. The second major resistance level sits at $52,168.\nFailure to move through the pivot at $48,075 would bring the first major support level at $45,413 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592. The second major support level at $43,982 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021\n• Natural Gas Price Prediction – Prices Fail at Resistance Despite Rig Count\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Show Hesitation\n• The Crypto Daily – Movers and Shakers – May 16th, 2021\n• The Crypto Daily – Movers and Shakers – May 15th, 2021\n• Natural Gas Price Forecast – Natural Gas Markets Pull Back From Same Level', "(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14. Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close. (Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)", "(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14. Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close. (Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)", "(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14. Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close. (Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)", 'Investors have been increasingly viewing cryptocurrency-related stocks as an attractive investment theme. While cryptocurrencies are decentralized, investing in crypto stocks is a centralized way of exposure to the crypto space. The long-term outlook seems attractive for cryptocurrency stocks, and one player in particular that deserves a mention is Marathon Digital ( MARA ). At the beginning of the year, MARA stock was trading at $10.40. As Bitcoin surged, the stock touched a high of $56.60. Since then, profit booking and some correction in Bitcoin has taken the stock lower to current levels of around $23. As such, it seems that Marathon Digital stock is undervalued. It is important to understand that as a Bitcoin miner, the company’s prospects depend on the price trend for the cryptocurrency. Amid intermediate corrections, it seems probable that Bitcoin will remain in an uptrend. Reasons for this include the wider adoption of the cryptocurrency and the limited supply of 21 million Bitcoins. For Q1 2021, Coinbase reported $215 billion in trading volume and $122 billion in assets on platform from over 8,000 institutional customers. Its retail trade volume in the period was 120 billion. This is an indication of the broad-based adoption of the cryptocurrency from retail as well as institutional investors. That bodes well for Marathon Digital, and thus, the company is well positioned to benefit if Bitcoin prices surge. ( See Marathon Digital stock analysis on TipRanks ) Heralding Strong Growth in Revenue Over the next two years, Marathon Digital is positioned for strong revenue and cash flow growth. Putting things into perspective, the company had **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: 2021-05-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $877,870,227,459 - Hash Rate: 164348929.98192218 - Transaction Count: 219435.0 - Unique Addresses: 604353.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Derivatives marketplace CME Group ( CME ) will not be reopening its physical open outcry trading pits, which have been closed since the onset of the COVID-19 pandemic last year. The Group’s Eurodollar options pit, however, will continue to operate, as it has done since its reopening in August 2020. Furthermore, CME Group announced that subject to approvals, it will delist floor-based S&P 500 futures and options contracts once its contracts expire in September 2021. Post this delisting, the remaining open interest will be shifted to E-mini S&P 500 futures and options contracts. These contracts are available in electronic format on CME Globex. ( See CME Group stoc k analysis on TipRanks ) One day before it announced the closing of its trading pits, CME Group launched Micro Bitcoin futures, thereby increasing its crypto derivatives product offerings. CME Group Global Head of Equity Index and Alternative Investment Products Tim McCourt said, “At one-tenth the size of one bitcoin, Micro Bitcoin futures will provide an efficient, cost-effective way for a broad array of market participants- from institutions to sophisticated, active traders- to fine-tune their bitcoin exposure and enhance their trading strategies, all while retaining the benefits of CME Group’s standard Bitcoin futures.” On April 28, Raymond James analyst Patrick O’Shaughnessy reiterated a Buy rating on the stock and maintained a $218 price target (6.7% upside potential). Reacting to the company’s Q1 performance, O’Shaughnessy said, “While 1Q21 faced difficult year-on-year comp, trends were generally healthy as a rising rate environment jump-started rate volatility and CME’s interest rates franchise.” O’Shaughnessy believes “CME enjoys a very high barrier to entry business model, an attractive incremental margin profile, and upside to interest rates moving higher from here.” Consensus on the Street is that CME Group is a Moderate Buy based on 6 Buys, 6 Holds, and 2 Sells. The average analyst price target of $206.25 implies the stock is fairly priced at current level. Shares have gained about 18.4% over the past year. Story continues Related News: Facebook’s 1Q Results Outperform As Ad Revenue Jumps; Shares Pop 6% Advanced Micro Devices Posts Better-Than-Expected 1Q Results, 2Q Forecasts Top Estimates Realty Income Inks Deal To Acquire VEREIT More recent articles from Smarter Analyst: Jamieson Wellness Delivers Double-Digit Revenue Growth In 1Q good natured Products To Acquire Illinois-Based Ex-Tech Plastics; Shares Pop 20% Apollo Global's 1Q Results Shatter Records, Dividend Confirmed Maple Leaf Foods Earns C$47.7M Profit In 1Q; Shares Fall 4%... - Reddit Posts (Sample): [['u/thebitcoinmogul', 'Converting people from doge to bch', 130, '2021-05-16 00:15', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/', 'Everywhere I go, I only hear people talking about doge. Earlier today I was eating at my favorite Ramen restaurant and overheard some people next to us talking about their doge investment and how they know its going to 1 dollar. I asked them "excuse me but are you interested in crypto?" And they went on to tell me about how they made a ton already. I then asked them if they thought they could use it to buy goods, to which they said yes. I mentioned transaction fees and to my surprise they said they never noticed anything but they haven\'t tried sending any since they purchased. We did an experiment- they opened their wallets and sent doge back and forth once and saw roughly how much they lost. I then asked them to download the bitcoin.com wallet (since it\'s much better than using coinbase) and after helping them set up their keys on a freaking napkin, I sent them $5 in bch to show how little was lost. We ended up trading $20 bch for doge. I guess I\'m a doge holder too now, but this was fun as hell.', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/', 'nd9vuu', [['u/knowbodynows', 29, '2021-05-16 00:40', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9hvq4/', 'Thedogecoinmogul taking one for the team. thank you for your service!', 'nd9vuu'], ['u/CDSagain', 13, '2021-05-16 00:44', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9icxr/', 'Did that really happen ?', 'nd9vuu'], ['u/thebitcoinmogul', 22, '2021-05-16 00:55', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9jjwv/', 'Yes it did, I like to be somewhat bold in scenarios like this because - its more fun to have strange and interesting interactions like this, ill probably never see them again, and I can talk about crypto with people if they are receptive.', 'nd9vuu'], ['u/thebitcoinmogul', 21, '2021-05-16 00:55', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9jkwk/', 'It was a fun experience for all', 'nd9vuu'], ['u/Dinodanimal', 25, '2021-05-16 01:41', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9omk9/', 'I respect the audacity to educate the ignorance of strangers.', 'nd9vuu']]], ['u/Epiphany79', 'Mathematically there is more ETH than ADA', 19, '2021-05-16 00:15', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/', 'I just realized that there is more ETH than ADA. Hear me out.\n\nOne of the knocks I hear the most on ADA is that there\'s just "too much" ADA for it to thrive. As people can see now with Doge and other meme coins, the supply isn\'t outstripping popularity. There is about 32 billion ADA out there with a max 45 billion total ever. Let\'s say 45 for the sake of argument.\n\n45,000,000,000.000000 ADA\n\nNotice that after the decimal there are 6 zeros. That\'s important for later.\n\nCurrently there are about 115,886,000 ETH out there. Even though there are proposed deflationary methods (gas burns) that will reduce supply let\'s just round to 116 million.\n\n116,000,000.000000000000000000 ETH\n\nNotice all the zeros after the decimal? 18 to be exact. Are you getting the hint?\n\nETH is way more divisible for some odd reason. It never needed as many zeros as Bitcoin as it has way more supply. (There has to be some skimming method that is collecting all those decimals after the 8th or 9th digit, but that\'s another story.)\n\nLets see the two together:\n\n116,000,000.000000000000000000 ETH \n45,000,000,000.000000 ADA\n\nBecause ETH is more divisible, there is mathematically more units of ETH than ADA.\n\nHere\'s another way to look at it, with the decimals more in line.\n\n116,000,000.000000000000000000 ETH \n45,000,000,000.000000 ADA\n\nLet\'s see how practical this scales now with market cap. Say for some miraculous reason both ETH and ADA hit a high market cap of exactly say $2 trillion dollars each. First that\'d be amazing, second it gives us cleaner looking conversions based on possible future growth.\n\n$2T ETH @ 116M supply means 1 ETH would be $17,241.3793\n\n(I used more decimals for the USD just for less rounding ahead.)\n\nWith those numbers, $1 worth of ETH would be:\n\n0.000058000000034800 ETH = $1 USD\n\nLet\'s see Cardano. $2T ADA @ 45B supply means 1 ADA would be $44.444\n\nWith those numbers, $1 worth of ADA would be:\n\n0.022500 ADA = $1 USD\n\nSame market caps, lets see $1,000 USD\n\n0.058000000034800000 ETH = $1K USD \n22.500022 ADA = $1K USD\n\nAre you starting to see how much more practical the numbering is for ADA? All because they had the forethought that if/when crypto market caps immensely grow that a high supply of whole numbers is much easier to track.\n\nTL;DR\n\nADA has 17 digits in supply \nETH has 27', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/', 'nd9vv8', [['u/677f729e00f5474b98', 15, '2021-05-16 00:16', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9f8vy/', 'Yup, its all smoke and mirrors, and the punters dont notice.', 'nd9vv8'], ['u/wanderingcryptowolf', 13, '2021-05-16 01:10', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9l8o5/', "This post is entirely incorrect. \n\n45b ADA \n116m ETH\n\nDo whatever you want with decimals. \n\nBut those two numbers don't change, and they are the numerical value used to determine the sum of market cap. \n\nThis is truly silly.\n\nEdit: downvote me all you like. Your post is factually incorrect. There is not more eth than Ada. If you believe there is, stay out of investing. And if you don't like any criticism or nullifying of your glorious hopium, you should also stay out of investing.", 'nd9vv8'], ['u/trembletimbers', 17, '2021-05-16 01:15', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9lree/', 'Nominal supply is completely meaningless.', 'nd9vv8'], ['u/SniffahScape', 12, '2021-05-16 02:11', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9rywl/', 'Thanks for taking your time and effort.', 'nd9vv8']]], ['u/Lucduboi', 'XRP will be more valuable than Bitcoin', 172, '2021-05-16 00:15', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/', 'DD: Bitcoin takes to much electricity to produce, to run. Soon will be a thing in the past.\nWhereas XRP has been applied to 100 of banking apps around the world. It is growing too big and too big, that is why the SEC wanted to take a piece of this delicous cake. SEC doesnt care about us the poor regular traders, SeC only cares about its billionaire friends.\nWhat the good will come out of the lawsuit for Americans? ZERO. The lawsuit has been damaging Americans, finacially. XRP would be 5-10$ by now if Jay Clayton just left the SeC in good faith. Karma is a bitch, Jay Clayton will have to deal with the consequences.', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/', 'nd9w3r', [['u/ALiteralHamSandwich', 253, '2021-05-16 01:05', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9krgy/', "Bitcoin and XRP don't serve the same purpose. The comparison doesn't make sense.", 'nd9w3r'], ['u/Oceantrader', 74, '2021-05-16 01:41', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9oox9/', "I disagree, Bitcoin's entire purpose was as a transactional currency which it has failed to capture micro transactions. It pivoted to a 'store of value or a hedge which given the time frame cannot be determined and is fueled only by speculation. It has nothing intrinsically meaningful that cannot be replaced, replicated or improved upon.", 'nd9w3r'], ['u/throwawayoregon81', 28, '2021-05-16 02:13', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9s8o4/', 'Value as in use? Than yes, value as in per coin? Never. Not until bitcoin fails at least. You will never see 60k xrp coin.', 'nd9w3r'], ['u/tussyville', 14, '2021-05-16 02:20', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9sz49/', 'BTC is inefficient garbage operating on an outdated algo (ETH isn\'t far behind). It will have no place in the Internet of Things, the future. I agree it\'s "digital gold" but only because as a stock/futures trader I recognize gold in terms of its trading profile: garbage that runs once in a while and something only weirdos and conspiracy theorists hold over long periods.', 'nd9w3r'], ['u/lj26ft', 23, '2021-05-16 03:42', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gya1mfi/', "Agreed, something becomes a store of value because it has utility. Btc has very little utility in real life. Store of value for BTC is a joke with one rain storm in northern China, the hash rate drops 30-40%. Much Decentralized, such safe, most store of value, lmao. Can't use it to buy anything not even Teslas", 'nd9w3r'], ['u/KombuchaWarfare', 40, '2021-05-16 04:01', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gya3n7a/', 'You have brain damage if you believe this.', 'nd9w3r'], ['u/randomly-generated', 26, '2021-05-16 04:21', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gya5nbg/', 'Never seen someone misuse the word "their" twice, in different ways, in one sentence. Impressive.', 'nd9w3r'], ['u/darkjediii', 17, '2021-05-16 05:40', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gyadb4c/', 'The only thing that cannot be replicated is that bitcoin w... 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) - Stock indexes edged lower globally on Monday, with technology shares weighing the most on the benchmark U.S. S&P 500 index, while gold prices hit their highest in more than three months as investors sought safety.\nU.S. Treasury yields, however, traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York State.\nThe Empire State Manufacturing Survey, produced by the New York Fed, showed the prices paid index rose to a record 83.5, the highest since the data series began in 2001, said Tom Simons, money market economist at Jefferies & Co.\nThe S&P 500 technology sector was down 0.7% and the biggest drag on the benchmark index. Wall Street\'s declines also follow the S&P 500\'s biggest one-day jump in more than a month on Friday.\nWhile the week is expected to be relatively quiet for economic data, investors will be anxious to see minutes on Wednesday from the Federal Reserve\'s policy meeting last month, which could shed more light on the policymakers\' outlook on an economic rebound.\n"The Fed has been pretty consistent in its message that it\'s going to be quite tolerant of inflation, it\'s not going to cause them to raise rates prematurely or pull back on asset purchases," Simons said.\nThe spread of the coronavirus was also a drag in some markets, with Singapore reporting the highest number of local infections in months and Taiwan seeing a spike in cases.\nThe Dow Jones Industrial Average fell 54.34 points, or 0.16%, to 34,327.79, the S&P 500 lost 10.56 points, or 0.25%, to 4,163.29 and the Nasdaq Composite dropped 50.93 points, or 0.38%, to 13,379.05.\nThe pan-European STOXX 600 index lost 0.05% and MSCI\'s gauge of stocks across the globe shed 0.09%.\nIn the Treasury market, the yield on benchmark 10-year U.S. Treasury notes was near flat at 1.65%, well below a spike to 1.77% in late March.\nThe dollar weakened slightly as inflation worries supported riskier currencies at the greenback\'s expense.\nThe dollar index fell 0.082%, with the euro unchanged at $1.2151.\nBitcoin dropped to a three-month low after Tesla Inc boss Elon Musk suggested over the weekend that the electric automaker may have already sold some of its holdings in the digital currency.\nOil prices climbed. Brent crude rose 1.1% to settle at $69.46 a barrel, while West Texas Intermediate (WTI) crude gained 1.4% to settle at $66.27.\nSpot gold jumped 1.3% to $1,866.84 per ounce, after hitting its highest since Feb. 1 at $1,868.26.\n(Additional reporting by Simon Jessop in London; Sumita Layek in Bengaluru; and Herbert Lash and Stephen Culp in New York; editing by Kirsten Donovan, Nick Macfie, Ed Osmond, Cynthia Osterman and Dan Grebler)', 'By Caroline Valetkevitch NEW YORK (Reuters) - Stock indexes edged lower globally on Monday, with technology shares weighing the most on the benchmark U.S. S&P 500 index, while gold prices hit their highest in more than three months as investors sought safety. U.S. Treasury yields, however, traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York State. The Empire State Manufacturing Survey, produced by the New York Fed, showed the prices paid index rose to a record 83.5, the highest since the data series began in 2001, said Tom Simons, money market economist at Jefferies & Co. The S&P 500 technology sector was down 0.7% and the biggest drag on the benchmark index. Wall Street\'s declines also follow the S&P 500\'s biggest one-day jump in more than a month on Friday. While the week is expected to be relatively quiet for economic data, investors will be anxious to see minutes on Wednesday from the Federal Reserve\'s policy meeting last month, which could shed more light on the policymakers\' outlook on an economic rebound. "The Fed has been pretty consistent in its message that it\'s going to be quite tolerant of inflation, it\'s not going to cause them to raise rates prematurely or pull back on asset purchases," Simons said. The spread of the coronavirus was also a drag in some markets, with Singapore reporting the highest number of local infections in months and Taiwan seeing a spike in cases. The Dow Jones Industrial Average fell 54.34 points, or 0.16%, to 34,327.79, the S&P 500 lost 10.56 points, or 0.25%, to 4,163.29 and the Nasdaq Composite dropped 50.93 points, or 0.38%, to 13,379.05. The pan-European STOXX 600 index lost 0.05% and MSCI\'s gauge of stocks across the globe shed 0.09%. In the Treasury market, the yield on benchmark 10-year U.S. Treasury notes was near flat at 1.65%, well below a spike to 1.77% in late March. The dollar weakened slightly as inflation worries supported riskier currencies at the greenback\'s expense. Story continues The dollar index fell 0.082%, with the euro unchanged at $1.2151. Bitcoin dropped to a three-month low after Tesla Inc boss Elon Musk suggested over the weekend that the electric automaker may have already sold some of its holdings in the digital currency. Oil prices climbed. Brent crude rose 1.1% to settle at $69.46 a barrel, while West Texas Intermediate (WTI) crude gained 1.4% to settle at $66.27. Spot gold jumped 1.3% to $1,866.84 per ounce, after hitting its highest since Feb. 1 at $1,868.26. (Additional reporting by Simon Jessop in London; Sumita Layek in Bengaluru; and Herbert Lash and Stephen Culp in New York; editing by Kirsten Donovan, Nick Macfie, Ed Osmond, Cynthia Osterman and Dan Grebler)', 'Bitcoin Bitcoin , BTC to USD, slid by 20.06% in the week ending 16 th May. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0. A mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse. Falling short of the first major resistance level at $60,831, Bitcoin slid to a Sunday intraweek low $44,021.0. The extended sell-off saw Bitcoin fall through the first major support level at $54,341 and the second major support level at $50,405. Bitcoin also fell through the 23.6% FIB of $50,473 to end the week at $46,500 levels. 4 days in the red that included a 12.53% slump on Wednesday and a 6.17% slide on Saturday delivered the downside for the week. For the week ahead Bitcoin would need move through the $50,069 pivot and the 23.6% FIB of $50,473 to support a run the first major resistance level at $56,118. Support from the broader market would be needed for Bitcoin to break out from $55,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended breakout, Bitcoin could test resistance at the April swing hi $64,829.0 before any pullback. The second major resistance level sits at $65,638. Failure to move through the $50,069 pivot and the 23.6% FIB of $50,473 would bring the 38.2% FIB of $41,592 and the first major support level at $40,549 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$40,000 support levels. The second major support level sits at $34,500. At the time of writing, Bitcoin was down by 3.09% to $45,156.7. A mixed start to the day saw Bitcoin rise to an early Monday morning high $46,796.0 before falling to a low $44,956.1. Bitcoin left the major support and resistance levels untested early on. Ethereum Ethereum fell by 8.73% in the week ending 16 th May. Partially reversing a 33.07% surge from the previous week, Ethereum ended the week at $3,585.62. A bullish start to the week saw Ethereum rally to a Wednesday intraweek high and a new swing hi $4,384.43 before hitting reverse. Ethereum broke through the first major resistance level at $4,277 to come within range of $4,400 levels. The reversal, however, saw Ethereum slide to a Sunday intraweek low $3,343.57. While steering clear of the first major support level at $3,266, Ethereum tested support at the 23.6% FIB of $3,369 before ending the week at $3,500 levels. 4-days in the red that included an 8.45% slide on Wednesday and a 10.56% tumble on Saturday delivered the downside. For the week ahead Ethereum would need to move through the pivot at $3,834 to bring the first major resistance level at $4,136 into play. Story continues Support from the broader market would be needed, however, for Ethereum to break back through to $4,000 levels. Barring an extended crypto rally, the first major resistance level and last week\x92s swing hi $4,384.3 would likely cap any upside. In the event of an extended breakout, Ethereum could test resistance at $5,000 before any pullback. The second major resistance level sits at $4,687. Failure to move through the pivot at $3,834 would bring the 23.6% FIB of $3,369 and the first major support level at $3,283 into play. Barring an extended sell-off in the week, Ethereum should steer clear of sub-$3,000 levels. The second major support sits at $2,980. At the time of writing, Ethereum was down by 5.22% to $3,398.42. A bearish start to the week saw Ethereum slide from an early Monday morning high $3,590.00 to a low $3,398.42. Ethereum left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis \x96 Trader Reaction to .7204 Sets the Tone The Week Ahead \x96 Economic Data, Central Bank Policy Meeting Minutes, and Geopolitics in Focus Morgan Stanley Lifts Sherwin-Williams\x92 Target Price to $315 Economic Data from China Sets the Tone With Stats on the Lighter Side in the Day Ahead EOS, Stellar\x92s Lumen, and Tron\x92s TRX \x96 Daily Analysis \x96 May 17th, 2021 Dogecoin \x96 Daily Tech Analysis \x96 May 17th, 2021 View comments', 'Bitcoin, BTC to USD, slid by 20.06% in the week ending 16thMay. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0.\nA mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse.\nFalling short of the first 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: 2021-05-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $803,972,937,722 - Hash Rate: 150653185.81676203 - Transaction Count: 250910.0 - Unique Addresses: 684281.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin ( BTC ) held support around $56,000 over the weekend and was trading around $58,700 at the time of writing. The next resistance level around $60,000 is within reach. The relative strength index ( RSI ) is now overbought on the hourly chart, although not as extreme as May 1 or April 14 which preceded price declines. Bitcoin is holding support at the 100-period moving average on the hourly chart. The moving average has been sloping upwards for about a week which points to an improving short-term trend. On the daily chart, bitcoin is also above the 50-day and 100-day moving averages and is not yet overbought. However, slowing momentum on the weekly chart suggests buyers are still taking profit on rallies. For now, BTC is approaching the next level of resistance around $60,000 which has triggered short-term overbought conditions over the past few months. Related Stories Former CFTC Boss’s Digital Dollar Project Is Ready to Kick Off First US CBDC Pilot Projects Ether’s Price Rally Above $3.2K Appears Spot-Driven, Boding Well for Further Gains Ether Breaks Above $3.2K for the First Time Ever Crypto Long & Short: Bitcoin’s Potential as a Collateral Class... - Reddit Posts (Sample): [['u/i_have_chosen_a_name', 'I have estimated that right now there is about 20 billion dollars of real money sitting in buy orders on various exchanges that are not 100% Tether based.', 11, '2021-05-17 00:18', 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/', "So Tesla is about to offload 1.5 billion. Then there is 18.5 billion left. Microstrategies have about 100 000 BTC which is 4.5 billion dollars on the markets right now. They will also start offloading this.\n\nNow there is only 14 billion dollars left. You think all the banks and smaller banks won't see this trend and not offload their bitcoins? Think again. There is supposedly 1000 trillion worth of Bitcoin around but we all know most of that price is fraud through Tether.\n\nSo Tesla might be about to to start by switching the music off, then microstrategies will switch the light on.\n\nAnd everybody will see there are a 1000 guys with just 14 chairs left to sit on. \n\n\nSo .... those peeps that put all their covid money in to Bitcoin. They about to be twice as poor as before covid.\n\n\nThe world always works like that. Fella's I think the peak is in. And I think Tether is going to print like crazy now and with a little bit of luck they will be forced to start freezing the Tether on kraken as a desperate attempt to uphold their peg.\n\n\nThey only got 2.8 billion in cash when the cashing out starts some of that 20 billions worth of buying orders will eventually flow over the usd/usdt pair which will cost Tether tons and tons of money.\n\nInteresting times ahead. Either the peak is in for this bull run or Tether is going to print another 60 billion dollars before summer is here in a desperate attempt to keep prices high enough or .... and they are fully capable of making money on the way down ... Tether will do a rug pull stop printing, stop wash trading and short on other exchanges cause they know it if crashes low enough some peeps will try to buy the dip and that's good money for them as well.", 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/', 'ndzi35', [['u/TheAnalogKoala', 28, '2021-05-17 00:50', 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/gydm3xl/', 'I would be really cautious declaring that *this* is the final crash. Bitcoin has proven remarkably resilient. You can stab it with your steely knives, but you just can’t kill the beast. \n\nIn hindsight, I think the conditions leading to the “final” crash (if there is such a thing, since a headless, distributed Ponzi-like scheme is actually an impressive innovation) will be clear in hindsight. We’re just too close now to get any perspective.', 'ndzi35'], ['u/[deleted]', 11, '2021-05-17 02:48', 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/gydzzzs/', "> They only got 2.8 billion in cash\n\nThey *claim* to have 2.8 billion in cash. None of what they claim has been verified. They could have $3.50 in cash for all we know. Also, just because they have any cash doesn't mean that they'll use it to back Tethers and won't just walk off with it.\n\n> I have estimated that right now there is about 20 billion dollars of real money sitting in buy orders\n\nYou should show your work on how you got that number, since your entire analysis hinges on it.", 'ndzi35']]], ['u/giants263', '"It will be different this time", they said. "No more crazy dips, companies will never sell", they said.', 36, '2021-05-17 00:20', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/', 'LOL. Bitcoin, you are beautiful as you are, never change.', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/', 'ndzk2f', [['u/AllenWatson23', 17, '2021-05-17 00:23', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/gydivwa/', "I'm a coiner, and I can confirm that plenty of people said that.", 'ndzk2f'], ['u/Rocket_Emojis', 15, '2021-05-17 01:29', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/gydqqo5/', 'Look at the volume on cryptoquant, BTC is near historical lows. People are not selling.', 'ndzk2f']]], ['u/PMmeyournavel', 'If you want a laugh right now...', 59, '2021-05-17 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/', "Take a look at the /r/investing subreddit. Ambulance chasers ecstatic that Bitcoin is going down in value. Boomers that have gone through life on easy mod celebrating the fact that people who have faith in crypto are experiencing turbulence. Physical manifestations of smugness, completely and unabashedly misunderstanding a topic that humbler individuals are quick to admit they don't fully grasp, and regurgitating their fridge-temp IQ takes into the world.\n\nTake a look there, and bottle your anger. Buy into crypto now if you can. Wait six months, and we'll see if that anger you've channeled has turned to mirth. I am absolutely drunk as shit but I'm pretty confident it's my sober self talking when I say I can't wait to prove every single dogbrained pompous walking tumor from there wrong in the years to come.", 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/', 'ndzrgm', [['u/stocktawk', 17, '2021-05-17 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydjvk5/', 'I was totally against crypto but threw money into it in December. % kaboom upward', 'ndzrgm'], ['u/Kevin3683', 10, '2021-05-17 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydklu9/', 'I never thought I’d be this deep into crypto. I’m here because of Covid. Thanks to the CARES act I was able to get a large sum of money out of my 401k with no early withdrawal penalty and the ability to spread the tax liability out over 3 years. I put half in certificates of deposits and half in the stock market. Then it hit me. I’ve been investing in 401k for 22 years. These CD’s aren’t earning me shit. My own stocks are doing ok but I’ll probably never have enough to comfortably retire on unless I wait until I’m 90. I started looking for riskier investments. I found crypto. As soon as my cd’s matured, in December 2020, I went balls deep into crypto.\n\nSpelling', 'ndzrgm'], ['u/whatisUN', 10, '2021-05-17 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydm4ix/', 'as if the stock market isn’t the same shit... just as much speculation, just as much manipulation, but stocks are not neutral assets since companies have so much exposure to fiat depreciation. the only difference is that it’s “socially acceptable” to invest in the stock market. but hey here’s something weird: why are people not ok with leaving assets in fiat money? why are people forced into investing in an asset class that is inherently speculative and subject to wild changes (see: 2000, 2008, 2020) in the first place? and no, i’m not talking about crypto.\n\nthe stock market should be for companies who would like to raise equity, not for speculating on price appreciation (how long would it take TSLA to pay dividends in the amount that it’s price has skyrocketed by?) - secondary market doesn’t even help these companies raise equity unless they dump their shares on the market when the price is high!\n\ncrypto is a superior asset class for holding value. it is a necessary asset class as well, since everyone piling into the stock market with their 401k/savings bastardizes its original purpose', 'ndzrgm'], ['u/El_Jose_22', 14, '2021-05-17 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydresh/', "When you have to find joy in other people losing money... I don't think you're making much either", 'ndzrgm']]], ['u/Comprehensive-Disk81', "This is not a war. Chill out or you'll turn it into one!", 336, '2021-05-17 00:37', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/', 'Elon, alt coins, BTC, stocks, manipulation. Blah blah blah blah blah. Has everyone forgotten what they came here for?\n\nI\'m from the USA and it\'s a two party system for a reason: to keep us divided. Reddit is an international means of communication, yet I see so much division. Division and distraction is the goal, to make us angry and confused. Is that what you want to be, angry and confused?\n\nYou\'re all doing a good job at it.\n\nDo not let "the powers that be" sway you from your life goals. Invest and hold. Rinse and repeat. Stop putting blame on outside personalities, and live the life you choose to live. Pay yourself first. \n\nListen to yourself first, and no one else.', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/', 'ndzx1g', [['u/Comprehensive-Disk81', 16, '2021-05-17 00:46', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/gydlp88/', 'To be mad at Elon, or anyone else for that matter, is giving Elon power. The market is controlled by emotions. We, the people, ARE the economy.', 'ndzx1g'], ['u/Comprehensive-Disk81', 10, '2021-05-17 00:53', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/gydmjyb/', 'I know plenty of boomers who are very successful, my stepfather being one of them. Blaming boomers and criticizing them will get you nowhere.', 'ndzx1g'], ['u/MuteUSOCrypto', 13, '2021-05-17 01:21', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/gydpsaf/', 'Good post.', 'ndzx1g'], ['u/theoretical_hipster', 14, '2021-05-17 02:12', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out... 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 and BROSSARD, Québec, May 17, 2021 (GLOBE NEWSWIRE) --Bitfarms Ltd.(“Bitfarms”, or the “Company”) (TSXV: BITF // OTC:BFARF) announces it has entered into subscription agreements with certain institutional investors for gross proceeds of approximately CAD$75.0 million in a private placement in the United States, comprised of 14,150,944 common shares at CAD$5.30 per common share along with warrants to purchase an aggregate of up to 10,613,208 common shares. The warrants have an exercise price of USD$4.87 per common share and exercise period of three years. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital position, in support of its plans to more than triple its hashrate in 2021 to 3.0 EH/s, then grow to 8.0 EH/s in 2022.\nThe private placement is expected to close on or about May 20, 2021, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange.\nH.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement in the United States.\nAbout Bitfarms Ltd.\nFounded in 2017, Bitfarms is a Bitcoin mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver high operational performance and uptime.\nHaving demonstrated rapid growth and stellar operations, Bitfarms became the first Bitcoin mining company to complete its long form prospectus with the Ontario Securities Commission and started trading on the TSX-V in July 2019. On February 24, 2021 Bitfarms was honoured to be announced as a Rising Star by the TSX-V.\nBitfarms has a diversified production platform with five industrial scale facilities located in Québec. Each facility is 100% powered with environmentally friendly hydro power and secured with long-term power contracts. Bitfarms is currently the only publicly traded pure-play mining company audited by a Big Four audit firm.\nTo learn more about Bitfarms’ events, developments, and online communities:\nWebsite:www.bitfarms.com\nhttps://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/\nDefined Terms\nCautionary Statement\nTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-Looking Statements\nThis news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, including the intention to complete the private placement, the expected expenditure of the proceeds of the private placement, and the anticipated growth in its hashrate, are forward-looking information. Other forward-looking information includes, but is not limited to, information concerning: the intentions, plans and future actions of the Company, as well as Bitfarms’ ability to successfully mine digital currency, revenue increasing as currently anticipated, the ability to profitably liquidate current and future digital currency inventory, volatility of network difficulty and digital currency prices and the potential resulting significant negative impact on the Company’s operations, the construction and operation of expanded blockchain infrastructure as currently planned, and the regulatory environment for cryptocurrency in the applicable jurisdictions.\nAny statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.\nThis forward-looking information is based on assumptions and estimates of management of the Company at the time they were 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, risks relating to: the global economic climate; dilution; the Company’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors that could impact future results of the business of Bitfarms include, but are not limited to: the construction and operation of blockchain infrastructure 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; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions, the ability to complete current and future financings, any regulations or laws that will prevent Bitfarms from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings onwww.SEDAR.comincluding the annual information form for the year ended December 31, 2020, filed on April 7, 2021. The Company has also assumed that no significant events occur outside of Bitfarms’ normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, 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 any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.\nContacts\nInvestor Relations:\nCORE IR+1 516 222 [email protected]\nUS Media:\nCORE IRJules Abraham, Director of Public [email protected]\nYAP GlobalMia Grodsky, Account [email protected]\nQuébec Media:\nRyan Affaires publiquesMarc Duchesne, Directeur / [email protected]', 'TORONTO, Ontario and BROSSARD, Québec, May 17, 2021 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (\x93 Bitfarms \x94, or the \x93 Company \x94) ( TSXV: BITF // OTC:BFARF ) announces it has entered into subscription agreements with certain institutional investors for gross proceeds of approximately CAD$75.0 million in a private placement in the United States, comprised of 14,150,944 common shares at CAD$5.30 per common share along with warrants to purchase an aggregate of up to 10,613,208 common shares. The warrants have an exercise price of USD$4.87 per common share and exercise period of three years. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital position, in support of its plans to more than triple its hashrate in 2021 to 3.0 EH/s, then grow to 8.0 EH/s in 2022. The private placement is expected to close on or about May 20, 2021, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange. H.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement in the United St **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: 2021-05-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $804,445,459,675 - Hash Rate: 124506765.13781984 - Transaction Count: 221018.0 - Unique Addresses: 619246.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For Immediate Release Chicago, IL – May 12, 2021 – 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: Exxon Mobil Corporation XOM, AbbVie Inc. ABBV, Citigroup Inc. C, Alphabet Inc. GOOGL and Micron Technology, Inc. MU. Here are highlights from Tuesday’s Analyst Blog: Top Analyst Reports for ExxonMobil, AbbVie and Citigroup The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil, AbbVie and Citigroup. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today's research reports here >>> Shares of Exxon Mobil have gained +51.8% over the year-to-date period against the Zacks Integrated Oil industry's gain of +28.3%. The Zacks analyst believes that ExxonMobil's bellwether status and an optimal integrated capital structure that has historically produced industry-leading returns, make it a relatively lower-risk energy sector play. Notably, the firm estimates gross recoverable resources of nearly 9 billion oil-equivalent barrels from its offshore Guyana discoveries. As compared to 2019, this firm projects annual structural expense savings of $6 billion by 2023, aiding the bottom line. Also, ExxonMobil has significantly lower debt exposure as compared to other integrated majors. It reported strong first-quarter earnings thanks to improved realized commodity prices. However, a lower fuel margin is keeping its downstream unit under pressure. Also, the pandemic affecting major economies around the world will likely keep energy demand low. This will, in turn, hurt the company's bottom line. (You can read the full research report on Exxon Mobil here >>> ) Story continues Shares of AbbVie have outperformed the Zacks Large Cap Pharmaceuticals industry over the year-to-date period (+8.5% vs +5.1%). The Zacks analyst believes that AbbVie's key drug, Humira, will continue to see strong demand trends in the United States. AbbVie has been successful in expanding labels of its cancer drugs, Imbruvica and Venclexta. It has an impressive late-stage pipeline with several early/mid-stage candidates that have blockbuster potential. Its two new immunology drugs, Skyrizi and Rinvoq, are performing beyond expectations. However, sales erosion due to direct biosimilar competition to Humira in international markets is a big headwind. Also, the decline in HCV drug Mavyret's sales is a concern. (You can read the full research report on AbbVie here >>> ) Shares of Citigroup have outperformed the Zacks Banks - Major Regional industry over the last six-month period (+55.6% vs. +52.7%). The Zacks analyst believes that the company's first-quarter 2021 results reflect strong capital markets performance and reserve releases. Citigroup's streamlining efforts, along with strategic investments in core business, bode well. Also, net interest revenues are likely to be supported by loan growth and mix, despite the low interest rate environment. Further, manageable debt level makes it less likely to default interest and debt repayment obligations in case of any economic downturn. However, pending litigation issues might keep legal expenses elevated for the company. Additionally, a subdued consumer banking business might dent fee income base to some extent. (You can read the full research report on Citigroup here >>> ) Other noteworthy reports we are featuring today include Alphabet and Micron Technology. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the "Internet of Money" and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we're still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks' has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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/performance for 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 Exxon Mobil Corporation (XOM) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report AbbVie Inc. (ABBV) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/Willyhats', 'Everyone acting like there hasn’t been dips like this during a bitcoin bull market', 626, '2021-05-18 00:02', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/', 'This is the worst dip we’ve seen yet this cycle, but we’ve seen lots worse in previous cycles and bitcoin still came back to rally when the time came. Be patient. one bad thing happens and everyone seems to forget the long game. This is exactly how they want you to react so they can have your bitcoin. Quit feeding the FUD HODL', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/', 'net9mu', [['u/TvRtL33', 12, '2021-05-18 00:34', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi21ap/', 'Splish Splash, bitcoin taking a bath 🛀', 'net9mu'], ['u/knox203', 58, '2021-05-18 00:49', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi3uo5/', 'Happens every 30%+ correction, you start ignoring it all eventually. No matter what causes it, every dip is always the "worst dip", or the "last dip" according to the paper hands. Yet, here we are! To be honest, this is when I get the most excited, more time to DCA at lower prices = more Bitcoin. Keep hodling friends!', 'net9mu'], ['u/Willyhats', 24, '2021-05-18 00:52', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi46kx/', 'Completely agree, im newish, started this cycle but i back tracked to learn its patterns and my hands are diamond encrusted. Anyone fearful isnt meant for this game , they fuel the whales. CRYPTO IS THE FUTURE', 'net9mu'], ['u/Willyhats', 31, '2021-05-18 00:52', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi49t3/', 'Me too 🌝', 'net9mu'], ['u/jimmy_halfshaft', 67, '2021-05-18 01:08', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi6958/', "Btc could drop to a penny and I'd still stack and hodl.", 'net9mu'], ['u/Willyhats', 38, '2021-05-18 01:12', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi6pgj/', 'This is the energy the community needs, people who believe in the tech. A digital currency is inevitable', 'net9mu'], ['u/Grenadejumper221', 10, '2021-05-18 02:03', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyicr81/', "I think it's part to do with a lot of us having more money to loose than we have ever had before. It's going to take some getting used to", 'net9mu'], ['u/notimeformorons', 13, '2021-05-18 02:15', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyie7az/', 'I would settle for a quick pull back down to 4k.', 'net9mu'], ['u/new-rich_in-market', 22, '2021-05-18 02:33', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyigd14/', 'Agreed! \nNew investors are like babies- they buy some, go to sleep, wake up in the middle of night, check status of their 25$ investment, cry a little and fall back to sleep.', 'net9mu'], ['u/HansGruber14', 14, '2021-05-18 02:46', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyii1ls/', 'If peeing your pants is cool consider me Miles Davis!', 'net9mu'], ['u/tuningpt95', 18, '2021-05-18 03:08', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyikk5f/', 'Me too and I staked it for more', 'net9mu'], ['u/willmyfordmakeit', 10, '2021-05-18 03:38', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyio9om/', 'Got my limit orders in. Mama didn’t raise no bech', 'net9mu'], ['u/Thisnickname', 13, '2021-05-18 03:39', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyioboc/', "I've finally beat all fear. Took me about 4 years. Now I just smile and keep buying no matter what happens. Never scared, never feel like selling.", 'net9mu'], ['u/btcprint', 39, '2021-05-18 04:07', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyiroe1/', "2013 went from 200's to 80's before tearing to $1000+.\n\nFour years later, 2017, went from 3000 to 2000 before tearing to $20k\n\nFour years later, 2021, went from 64k to 42k before tearing to $420,069", 'net9mu'], ['u/-SleepyPenguin-', 15, '2021-05-18 04:16', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyisohd/', "If it goes to 4k I'll sell both my kidneys, eyes, ears and buy BTC. That's the only way to go all in. /s", 'net9mu'], ['u/LeonardSmallsJr', 24, '2021-05-18 04:43', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyivubw/', 'Math checks out. Consider this thesis peer reviewed.', 'net9mu'], ['u/Amexblackvisa', 17, '2021-05-18 05:01', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyixv8a/', 'I made the mistake of selling back when it tanked in 2018 lost about 30% and you obviously saw the rebound. Won’t be as stupid this time. Once bitten twice shy.', 'net9mu'], ['u/-SleepyPenguin-', 10, '2021-05-18 05:14', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyizb4w/', "You son of a bitch, I'm in", 'net9mu'], ['u/gacode2', 27, '2021-05-18 06:48', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyj8lrc/', "I may get downvoted to the seventh hell for this. But Realistically speaking, if Bitcoin ever drop down to 1 penny, it's over man.", 'net9mu']]], ['u/consciousbeast', '🔥Hoge is going to shock a lot of people. 🤯 Read more inside.', 227, '2021-05-18 00:05', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/', "Imagine if Bitcoin or Ethereum with all their seriousness were also fun as doge. That is what hoge is. No coin has the potential of generating real world money and businesses with its hybrid Dao but also fun (good branding) so people can relate to it like hoge does. Hoge is the perfect balance of fun and serious. That is what 🏦 and finance have been trying to do for years byt have failed FOR YEARS. It's seems we have the spark and fire to do just that. Just be patient abd continue to see this play out. The potential is there!", 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/', 'netbz1', [['u/walnuttz', 22, '2021-05-18 00:35', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyi234v/', 'It will be a glorious day indeed. #HogefullyOptimistic', 'netbz1'], ['u/cthoma36', 17, '2021-05-18 00:52', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyi47qm/', 'Couldn’t agree more. Well said', 'netbz1'], ['u/dogememore', 12, '2021-05-18 01:12', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyi6nj4/', 'such true\n\nmuch agree \n\nso real', 'netbz1'], ['u/mesh_HOGE', 53, '2021-05-18 01:54', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyibr3b/', 'Exactly. We meme business.', 'netbz1'], ['u/consciousbeast', 19, '2021-05-18 01:56', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyibyu2/', 'I love how you say we meme business. That shoyld be one of phrases. Dope.', 'netbz1'], ['u/Mykonosi', 28, '2021-05-18 03:12', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyil2n3/', 'Yea Sounds like a great slogan. \n\nHoge.Finance\nWe meme business.', 'netbz1'], ['u/PrysmX', 11, '2021-05-18 04:50', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyiwpwd/', 'This needs to be official.', 'netbz1'], ['u/fre3ktown', 16, '2021-05-18 04:58', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyixjjj/', 'Sounds like the next billboard 😃', 'netbz1']]], ['u/ClaustrophobicShop', "Some projects need better marketing...I'm looking at you XTZ, ALGO, etc", 141, '2021-05-18 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/', "Or, in other words...hey, media, there are more than just 2-3 cryptos out there. I keep seeing articles that say the only choices of capable cryptos are BTC, ETH, XRP, ADA. Seriously? There are so many other good ones that should be talked about: XTZ, ALGO, ICX, IOTA, ATOM, etc. Sorry for the rant, but these articles I'm seeing really want to sound like an authority that there are only a couple of choices.", 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/', 'netiat', [['u/step11234', 32, '2021-05-18 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/gyhzhv0/', 'I agree (ALGO Maxi here), but i believe long term they will show their worth', 'netiat'], ['u/magus-21', 91, '2021-05-18 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/gyhzmcp/', 'ALGO seems to be getting a LOT of (seemingly) grassroots attention lately. Sleeping giant in the mix?', 'netiat'], ['u/Renegade_Punk', 17, '2021-05-18 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/gyi0ywl/', "XRP isn't even a good pick", 'netiat'], ['u/Probetsman', 38, '2021-05-18 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_bet... 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:** ['Ethereum Ethereum rose by 2.82% on Tuesday. Partially reversing an 8.41% slide from Monday, Ethereum ended the day at $3,375.96. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,241.06 before making a move. Steering clear of the first major support level at $3,064, Ethereum rallied to a late morning intraday high $3,567.40. Ethereum broke through the 23.6% FIB of $3,369 and the first major resistance level at $3,546 before hitting reverse. The reversal saw Ethereum fall back through the first major resistance level and the 23.6% FIB of $3,369 before wrapping up the day at $3,375 levels. At the time of writing, Ethereum was up by 1.29% to $3,419.41. A mixed start to the day saw Ethereum fall to an early morning low $3,356.80 before rising to a high $3,419.76 While leaving the major support and resistance levels untested early on, Ethereum tested support at the 23.6% FIB of $3,369. For the day ahead Ethereum would need to avoid the $3,395 pivot to bring the first major resistance level at $3,549 into play. Support from the broader market would be needed, however, for Ethereum to break back through to $3,500 levels. Barring an extended crypto rally, the first major resistance level and resistance at $3,600 would likely cap any upside. In the event of a breakout, Ethereum could test the second major resistance level at $3,721. Failure to avoid a fall back through the $3,395 pivot would bring the 23.6% FIB of $3,369 and the first major support level at $3,222 into play. Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $3,069. Looking at the Technical Indicators First Major Support Level: $3,222 Pivot Level: $3,395 First Major Resistance Level: $3,549 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rose by 4.49% on Tuesday. Reversing a 4.94% loss from Monday, Litecoin ended the day at $294.13. Story continues A mixed start to the day saw Litecoin fall to an early morning intraday low $278.49 before making a move. Steering clear of the 38.2% FIB of $265 and the first major support level at $263, Litecoin rallied to a late morning intraday high $318.43. Litecoin broke through the first major resistance level at $298 and the second major resistance level at $315. An early afternoon pullback, however, saw Litecoin slide back to sub-$290 levels before finding support. Litecoin broke back through the first major resistance level at $298 to revisit $312 levels before ending the day at $294 levels. At the time of writing, Litecoin was up by 0.78% to $296.43. A mixed start to the day saw Litecoin fall to an early morning low $290.79 before rising to a high $296.91. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to move through the $297 pivot to bring the first major resistance level at $315 into play. Support from the broader market would be needed, however, for Litecoin to break back through to $315 levels. Barring an extended crypto rally, the first major resistance level and Tuesday\x92s high $318.43 would likely cap any upside. In the event of an extended breakout, Litecoin could test resistance at $340. Litecoin would need plenty of support, however, to break through the 23.6% FIB of $322. The second major resistance level sits at $336. Failure to move through the $297 pivot would bring the first major support level at $276 into play. Barring another extended sell-off, however, Litecoin should steer clear of the Second major support level at $258. the 38.2% FIB of $265 should limit the downside. Looking at the Technical Indicators First Major Support Level: $276 Pivot Level: $297 First Major Resistance Level: $315 23.6% FIB Retracement Level: $322 38.2% FIB Retracement Level: $265 62% FIB Retracement Level: $174 Ripple\x92s XRP Ripple\x92s XRP rallied by 6.46% on Tuesday. Following on from a 3.12% gain on Monday, Ripple\x92s XRP ended the day at $1.59238. A mixed start to the day saw Ripple\x92s XRP fall to an early morning intraday low $1.47311 before making a move. Steering clear of the first major support level at $1.3606, Ripple\x92s XRP rallied to a late morning intraday high $1.70425. Ripple\x92s XRP broke through the 23.6% FIB of $1.5426 and the first major resistance level at $1.5966. Coming up against the second major resistance level at $1.6979, however, Ripple\x92s XRP fell back to $1.52 levels. Finding late support, Ripple\x92s XRP broke back through the 23.6% FIB of $1.5426 to end the day at $1.59 levels. The first major resistance level at $1.5966 pinned Ripple\x92s XRP back late in the day. At the time of writing, Ripple\x92s XRP was up by 0.24% to $1.59621. A mixed start to the day saw Ripple\x92s XRP fall to an early morning low $1.57889 before rising to a high $1.59835. Ripple\x92s XRP left the major support and resistance levels untested early on. For the day ahead Ripple\x92s XRP will need to avoid a fall back through the $1.5900 pivot to bring the first major resistance level at $1.7067 into play. Support from the broader market would be needed, however, for Ripple\x92s XRP to break back through to $1.70 levels. Barring an extended crypto rally, the first major resistance level and Tuesday\x92s high $1.70425 would likely cap any upside. In the event of another extended rally, Ripple\x92s XRP could test resistance at $1.90 levels. The second major resistance level sits at $1.8209. Failure to avoid a fall back through the $1.5900 pivot would bring the 23.6% FIB of $1.5426 and the first major support level at $1.4757 into play. Barring another extended sell-off, however, Ripple\x92s XRP should steer clear of sub-$1.40 levels. The second major support level sits at $1.3590. Looking at the Technical Indicators First Major Support Level: $1.4757 Pivot Level: $1.5900 First Major resistance Level: $1.7067 23.6% FIB Retracement Level: $1.5426 38.2% FIB Retracement Level: $1.2807 62% FIB Retracement Level: $0.8573 Please let us know what you think in the comments below . Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: Dogecoin \x96 Daily Tech Analysis \x96 May 19th, 2021 Silver Price Forecast \x96 Silver Markets Pullback After Initial Surge Higher S&P 500 Price Forecast \x96 Stock Markets Quiet on Tuesday The $217 Million Dollar Pizza: Don\x92t Let These 3 Stocks Get Away Like Bitcoin Natural Gas Price Forecast \x96 Natural Gas Markets Pull Back Crude Oil Price Update \x96 Momentum Could Shift to Downside on Close Under $66.28', 'Ethereumrose by 2.82% on Tuesday. Partially reversing an 8.41% slide from Monday, Ethereum ended the day at $3,375.96.\nA mixed start to the day saw Ethereum fall to an early morning intraday low $3,241.06 before making a move.\nSteering clear of the first major support level at $3,064, Ethereum rallied to a late morning intraday high $3,567.40.\nEthereum broke through the 23.6% FIB of $3,369 and the first major resistance level at $3,546 before hitting reverse.\nThe reversal saw Ethereum fall back through the first major resistance level and the 23.6% FIB of $3,369 before wrapping up the day at $3,375 levels.\nAt the time of writing, Ethereum was up by 1.29% to $3,419.41. A mixed start to the day saw Ethereum fall to an early morning low $3,356.80 before rising to a high $3,419.76\nWhile leaving the major support and resistance levels untested early on, Ethereum tested support at the 23.6% FIB of $3,369.\nEthereum would need to avoid the $3,395 pivot to bring the first major resistance level at $3,549 into play.\nSupport from the broader market would be needed, however, for Ethereum to break back through to $3,500 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $3,600 would likely cap any upside.\nIn the event of a breakout, Ethereum could test the second major resistance level at $3,721.\nFailure to avoid a fall back through the $3,395 pivot would bring the 23.6% FIB of $3,369 and the first major support level at $3,222 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the second major support level at $3,069.\nFirst Major Support Level: $3,222\nPivot Level: $3,395\nFirst Major Resistance Level: $3,549\n23.6% FIB Retracement Level: $3,369\n38.2% FIB Retracement Level: $2,740\n62% FIB Retracement Level: $1,725\nLitecoinrose by 4.49% on Tuesday. Reversing a 4.94% loss from Monday, Litecoin ended the day at $294.13.\nA mixed start to the day saw Litecoin fall to an early morning intraday low $278.49 before making a move.\nSteering clear of the 38.2% FIB of $265 and the first major support level at $263, Litecoin rallied to a late morning intraday high $318.43.\nLitecoin broke through the first major resistance level at $298 and the second major resistance level at $315.\nAn early afternoon pullback, however, saw Litecoin slide back to sub-$290 levels before finding support.\nLitecoin broke back through the first major resistance level at $298 to revisit $312 levels before ending the day at $294 levels.\nAt the time of writing, Litecoin was up by 0.78% to $296.43. A mixed start to the day saw Litecoin fall to an early morning low $290.79 before rising to a high $296.91.\nLitecoin left the major support and resistance levels untested early on.\nLitecoin would need to move through the $297 pivot to bring the first major resistance level at $315 into play.\nSupport from the broader market would be needed, however, for Litecoin to break back through to $315 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $318.43 would likely cap any upside.\nIn the event of an extended breakout, Litecoin could test resistance at $340. Litecoin would need plenty of support, however, to break through the 23.6% FIB of $322. The second major resistance level sits at $336.\nFailure to move through the $297 pivot would bring the first **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: 2021-05-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $729,763,005,609 - Hash Rate: 155633456.42227483 - Transaction Count: 263419.0 - Unique Addresses: 734818.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Halozyme Therapeutics, Inc.HALO reported first-quarter 2021 earnings of 34 cents per share (including stock-based compensation expense), which beat the Zacks Consensus Estimate of 28 cents. The company had reported a loss of 1 cent in the year-ago quarter. Total revenues increased 250.4% year over year to $89.0 million, primarily driven by milestone payments fromBristol MyersBMY andJ&JJNJ, and higher royalty revenues. The top line also beat the Zacks Consensus Estimate of $85.0 million. Halozyme’s stock was down 3.1% in after-market trading on May 10, despite the better-than-expected results. However, the stock has gained 7% this year so far against the industry’s 5.2% decrease. Halozyme’s top line comprises product sales, royalties and revenues under collaborative agreements. Several companies are using Halozyme’s ENHANZE technology for developing subcutaneous formulation of their currently marketed drugs. The company has five marketed partnered drugs based on this technology. Royalty revenues were $36.9 million in the first quarter, up 119.5% from the year-ago quarter, mainly driven by strong sales uptake of J&J’s subcutaneous Darzalex (Darzalex SC). In the quarter, J&J received FDA and Health Canada approval for label expansion of Darzalex Faspro for treating newly diagnosed light chain (AL) amyloidosis in adult patients. The approval should support the future growth of subcutaneous Darzalex and subsequently Halozyme’s royalty revenues. Product sales, solely from the sale of bulk API to collaborators using the ENHANZE platform for drug development, increased 167.2% to $21.8 million in the quarter. The increase was driven by higher bulk API sales to ENHANZE partners J&J andRocheRHHBY. Revenues under collaborative agreements were $30.3 million compared with $0.4 million in the prior-year quarter. The significant increase was due to $25 million in milestone payment received from Bristol-Myers (following start of a phase III study on subcutaneous formulation of Opdivo using ENHANZE technology) and $5 million in milestone revenues from J&J (due to approval of Darzalex SC in Japan). Research and development (R&D) expenses declined 11.8% year over year to $9.0 million mainly due to discontinuation of oncology drug development efforts and some development activities related to PEGPH20. Selling, general and administrative (SG&A) expenses were $11.1 million, down 11.9% from the year-ago period. The company repurchased 1.8 million shares of common stock for $76.2 million during the fourth quarter. Halozyme maintained its previously issued guidance for revenues and earnings for 2021. The company expects total revenues in 2021 to be between $375 million and $395 million, indicating year-over-year growth of 40%-48%. The company expects revenues from royalties to double year over year on the back of strong uptake of subcutaneous formulation of J&J’s Darzalex and growth in Roche’s Phesgo. Halozyme expects Darzalex SC to be the key driver of its royalty revenue growth in 2021. Product sales are expected to increase 50% to 60% from 2020 levels. It expects earnings to be in the range of $1.55-$1.70 per share (excluding stock-based compensation expense), representing year-over-year growth of 38%-52%. Halozyme currently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Halozyme Therapeutics, Inc. price-consensus-eps-surprise-chart | Halozyme Therapeutics, Inc. Quote Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 reportJohnson & Johnson (JNJ) : Free Stock Analysis ReportRoche Holding AG (RHHBY) : Free Stock Analysis ReportBristol Myers Squibb Company (BMY) : Free Stock Analysis ReportHalozyme Therapeutics, Inc. (HALO) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - 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:** ['Consumers have received a fictitious email asking them to provide abitcoinwallet key that would purportedly enable a transfer of funds under the control of the U.S. Office of the Comptroller of the Currency (OCC), according to an alert from the agency on Wednesday.\nThe fake message, which contains multiple typos and grammatical errors, allegedly comes from the OCC or senior agency officials.\n“Your fund $10.5M is ready to be paid to you,” thecommunicationsaid. “Note your fund can only be paid to you VIA a Bitcoin Wallet Address ID NO.” The message claims that “the IMF.UNITED NATIONS and WORLD BANK have made a new policy that any debt or payment belonging to an individual above $1M should be paid through a bitcoin wallet address.”\nRelated:Australian Minister Says Government Has ‘No Issue’ With Crypto Investment\nThe federal regulatory agency warned that any communication claiming the OCC is “holding … funds for the benefit of any individual” is “fraudulent,” and that consumers should not respond “in any manner” to the message.\nThe fraudulent email comes two days after the U.S. Federal Trade Commission (FTC)reporteda dramatic surge in cryptocurrency investment scam reports over a six-month period extending from the last quarter of 2020 through the first quarter of 2021.\nAccording to the FTC, during this timeframe about 7,000 consumers reported losses from cryptocurrency scams amounting to over $80 million, a roughly 12-fold increase in the volume of reports and an almost 1,000% increase in reported losses compared to the same six-month period a year earlier.\nThe FTC said that younger consumers were most vulnerable to these scams. Investors between the ages of 20 and 49 were likelier to report losing money in cryptocurrency scams than older investors. The report also found that more than half the investment scam losses for people in their 20s and 30s involved cryptocurrency. However, individual losses to cryptocurrency scams among older age groups, although less frequent, were greater with a $3,250 median loss.\nRelated:Senate Banking Chairman ‘Concerned’ by OCC’s Crypto Charters\nIn the OCC alert, the agency said scammers instructed potential victims to respond to one of three email addresses: [email protected], [email protected] and [email protected].\nThe agency said consumers receiving the fraudulent emails should contact the OCC’s Special Supervision Division, the U.S. Department of the Treasury, Office Inspector General, the FTC or consumer protection groups.\n• OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto\n• QuadrigaCX: An Exit Scam or Just a Crypto Tragedy?', 'Consumers have received a fictitious email asking them to provide a bitcoin wallet key that would purportedly enable a transfer of funds under the control of the U.S. Office of the Comptroller of the Currency (OCC), according to an alert from the agency on Wednesday. The fake message, which contains multiple typos and grammatical errors, allegedly comes from the OCC or senior agency officials. “Your fund $10.5M is ready to be paid to you,” the communication said. “Note your fund can only be paid to you VIA a Bitcoin Wallet Address ID NO.” The message claims that “the IMF.UNITED NATIONS and WORLD BANK have made a new policy that any debt or payment belonging to an individual above $1M should be paid through a bitcoin wallet address.” Related: Australian Minister Says Government Has ‘No Issue’ With Crypto Investment The federal regulatory agency warned that any communication claiming the OCC is “holding … funds for the benefit of any individual” is “fraudulent,” and that consumers should not respond “in any manner” to the message. The fraudulent email comes two days after the U.S. Federal Trade Commission (FTC) reported a dramatic surge in cryptocurrency investment scam reports over a six-month period extending from the last quarter of 2020 through the first quarter of 2021. According to the FTC, during this timeframe about 7,000 consumers reported losses from cryptocurrency scams amounting to over $80 million, a roughly 12-fold increase in the volume of reports and an almost 1,000% increase in reported losses compared to the same six-month period a year earlier. The FTC said that younger consumers were most vulnerable to these scams. Investors between the ages of 20 and 49 were likelier to report losing money in cryptocurrency scams than older investors. The report also found that more than half the investment scam losses for people in their 20s and 30s involved cryptocurrency. However, individual losses to cryptocurrency scams among older age groups, although less frequent, were greater with a $3,250 median loss. Story continues Related: Senate Banking Chairman ‘Concerned’ by OCC’s Crypto Charters In the OCC alert, the agency said scammers instructed potential victims to respond to one of three email addresses: [email protected], [email protected] and [email protected]. The agency said consumers receiving the fraudulent emails should contact the OCC’s Special Supervision Division, the U.S. Department of the Treasury, Office Inspector General, the FTC or consumer protection groups. Related Stories OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto QuadrigaCX: An Exit Scam or Just a Crypto Tragedy?', 'Consumers have received a fictitious email asking them to provide abitcoinwallet key that would purportedly enable a transfer of funds under the control of the U.S. Office of the Comptroller of the Currency (OCC), according to an alert from the agency on Wednesday.\nThe fake message, which contains multiple typos and grammatical errors, allegedly comes from the OCC or senior agency officials.\n“Your fund $10.5M is ready to be paid to you,” thecommunicationsaid. “Note your fund can only be paid to you VIA a Bitcoin Wallet Address ID NO.” The message claims that “the IMF.UNITED NATIONS and WORLD BANK have made a new policy that any debt or payment belonging to an individual above $1M should be paid through a bitcoin wallet address.”\nRelated:Australian Minister Says Government Has ‘No Issue’ With Crypto Investment\nThe federal regulatory agency warned that any communication claiming the OCC is “holding … funds for the benefit of any individual” is “fraudulent,” and that consumers should not respond “in any manner” to the message.\nThe fraudulent email comes two days after the U.S. Federal Trade Commission (FTC)reporteda dramatic surge in cryptocurrency investment scam reports over a six-month period extending from the last quarter of 2020 through the first quarter of 2021.\nAccording to the FTC, during this timeframe about 7,000 consumers reported losses from cryptocurrency scams amounting to over $80 million, a roughly 12-fold increase in the volume of reports and an almost 1,000% increase in reported losses compared to the same six-month period a year earlier.\nThe FTC said that younger consumers were most vulnerable to these scams. Investors between the ages of 20 and 49 were likelier to report losing money in cryptocurrency scams than older investors. The report also found that more than half the investment scam losses for people in their 20s and 30s involved cryptocurrency. However, individual losses to cryptocurrency scams among older age groups, although less frequent, were greater with a $3,250 median loss.\nRelated:Senate Banking Chairman ‘Concerned’ by OCC’s Crypto Charters\nIn the OCC alert, the agency said scammers instructed potential victims to respond to one of three email addresses: [email protected], [email protected] and [email protected].\nThe agency said consumers receiving the fraudulent emails should contact the OCC’s Special Supervision Division, the U.S. Department of the Treasury, Office Inspector General, the FTC or consumer protection groups.\n• OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto\n• QuadrigaCX: An Exit Scam or Just a Crypto Tragedy?', '* Pressure remains on bitcoin, cryptos after crash * MSCI AxJ index wobbles lower; dollar holds gains * Commods drop as China vows crackdown on speculation By Tom Westbrook SINGAPORE, May 20 (Reuters) - Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint of tapering talk from the U.S. Federal Reserve drove selling in the bond market and lifted the safe-haven dollar. Benchmarks in South Korea and Japan were either side of flat in morning trade and Hong Kong\'s Hang Seng fell about 0.8% to pull MSCI\'s broadest index of Asia-Pacific shares outside Japan down by 0.2%. Bitcoin, which plunged as much as 30% to $30,000 overnight, was struggling for support around $36,000. U.S. stock futures wobbled just below flat. Commodities also fell, Treasuries nursed losses while the dollar held overnight gains. Fed minutes published on Wednesday said "a number" of officials thought that if the recovery holds up, it might be appropriate to "begin discussing a plan for adjusting the pace of asset purchases". "This is very much the market view, really," ING economist Rob Carnell said on the phone from Singapore, with traders expecting strong hints over summer that the taper is coming and that policy support could start to ease in December. "This is taking us to where we think we\'re going to go, and perhaps this removes a little bit of uncertainty around that - so you get a slight increase in bond yields and the dollar rallying a little bit." The yield on benchmark 10-year U.S. Treasuries rose 4.1 basis points overnight to 1.6830% and dipped to 1.6676% early in Tokyo trade. The dollar scraped itself off a four-month low to hover around $1.2183 per euro. The dollar also rose through its 20-day moving average against the yen, Aussie and kiwi. It last bought 109.17 yen and the dollar index was last at 90.149. On Wall Str **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: 2021-05-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $729,763,005,609 - Hash Rate: 139447576.95435822 - Transaction Count: 228039.0 - Unique Addresses: 694786.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.11 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrency fund inflows declined by roughly 58% to $99 million last week. Lower investor appetite for digital asset funds could reflect uncertainty over bitcoin’s price, which recently hastraded in a rangebetween $53,000 and $61,000. “Since the February price highs and heightened volatility, we have seen a steady decline in appetite amongst investors,” according to areportbyCoinShares, a digital asset management firm. • “We have also seen a decline in bitcoin investment product trading volumes to $713 million per day last week, versus $1.1 billion per day for 2021,” wrote CoinShares. • Fund flow data also shows a regional divide. Inflows are slowing in the U.S., while Europe and Canada have sustained investor appetite. • Bitcoin (BTC) products received a majority of inflows last week, while ethereum (ETH) and polkadot (DOT) lagged behind. • Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways • Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways • Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways • Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways... - 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:** ['Anyone new to the crypto sphere received a freezing cold bath this week as the whole space from Bitcoin downwards went through one of its terrifying swoons. The freefall kicked off after Elon Musk said Tesla will no longer accept Bitcoin as a form of payment due to the huge energy resources required to mine it and accelerated from there.\nCrypto mining was also high on the agenda this week at Nvidia (NVDA), but for an entirely different reason. The crypto gold rush has caused a huge uptick in demand for Nvidia’s GPUs which are used for mining Ethereum and other cryptocurrencies. This has caused massive shortages for gamers – Nvidia’s core customers – who have found it increasingly difficult to get their hands on the graphics cards.\nNvidia has made it clear where its priorities lie. After announcing in February that all new 3060 mid-range graphics cards would come with a feature that would drop the Ethereum hash rate, the GPU giant has now announced it will slash the hash rate in the latest 3080, 3070, and 3060 Ti cards, making them less desirable for miners. The cards are expected to hit the stores at the end of May.\nSo, what does this all mean for investors, specifically, those who have been worried that a drop in the price of Ethereum will see a big sell-off of cards, which will flood the secondhand market, creating excess supply?\nRaymond James’Chris Casothinks there are two implications to consider from the announced change.\n“First, it will significantly reduce demand from miners for new NVDA 30-series cards. That will move shift demand from mining to gaming,” the 5-star analyst said. “But secondly, we think it will significantly reduce the risk of miners selling their used cards. That’s because only 3080 and 3070 cards manufactured before May will be very valuable to miners, and there will be no new supply coming onto the market (except for the mining-specific CMP cards sold to large miners, which is expected to represent $50 million in 1Q revenue).”\nTaking all of this into consideration, Caso stays with the bulls. The analyst rates NVDA a Strong Buy along with a $750 price target. Investors could be sitting on gains of 28%, should the target be met over the following months. (To watch Caso’s track record,click here)\nOverall, Nvidia has most of Wall Street’s analyst corps on its side. Out of 27 recent reviews, 2 recommend to Hold, while all the rest say Buy, naturally culminating in a Strong Buy consensus rating. In the year ahead, the shares are anticipated to add 21% of muscle, considering the average price target stands at $680.20. (See Nvidia stock analysis on TipRanks)\nTo find good ideas for tech 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.', 'Anyone new to the crypto sphere received a freezing cold bath this week as the whole space from Bitcoin downwards went through one of its terrifying swoons. The freefall kicked off after Elon Musk said Tesla will no longer accept Bitcoin as a form of payment due to the huge energy resources required to mine it and accelerated from there. Crypto mining was also high on the agenda this week at Nvidia ( NVDA ), but for an entirely different reason. The crypto gold rush has caused a huge uptick in demand for Nvidia\x92s GPUs which are used for mining Ethereum and other cryptocurrencies. This has caused massive shortages for gamers \x96 Nvidia\x92s core customers \x96 who have found it increasingly difficult to get their hands on the graphics cards. Nvidia has made it clear where its priorities lie. After announcing in February that all new 3060 mid-range graphics cards would come with a feature that would drop the Ethereum hash rate, the GPU giant has now announced it will slash the hash rate in the latest 3080, 3070, and 3060 Ti cards, making them less desirable for miners. The cards are expected to hit the stores at the end of May. So, what does this all mean for investors, specifically, those who have been worried that a drop in the price of Ethereum will see a big sell-off of cards, which will flood the secondhand market, creating excess supply? Raymond James\x92 Chris Caso thinks there are two implications to consider from the announced change. \x93First, it will significantly reduce demand from miners for new NVDA 30-series cards. That will move shift demand from mining to gaming,\x94 the 5-star analyst said. \x93But secondly, we think it will significantly reduce the risk of miners selling their used cards. That\x92s because only 3080 and 3070 cards manufactured before May will be very valuable to miners, and there will be no new supply coming onto the market (except for the mining-specific CMP cards sold to large miners, which is expected to represent $50 million in 1Q revenue).\x94 Story continues Taking all of this into consideration, Caso stays with the bulls. The analyst rates NVDA a Strong Buy along with a $750 price target. Investors could be sitting on gains of 28%, should the target be met over the following months. (To watch Caso\x92s track record, click here ) Overall, Nvidia has most of Wall Street\x92s analyst corps on its side. Out of 27 recent reviews, 2 recommend to Hold, while all the rest say Buy, naturally culminating in a Strong Buy consensus rating. In the year ahead, the shares are anticipated to add 21% of muscle, considering the average price target stands at $680.20. ( See Nvidia stock analysis on TipRanks ) To find good ideas for tech stocks trading at attractive valuations, visit TipRanks\x92 Best Stocks to Buy , a newly launched tool that unites all of TipRanks\x92 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.', 'New York, NY, May 20, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Not many investors would have predicted that cryptocurrencies such as BTC, ETH, or the recent superstar DOGE could surge to records like nowadays. With enthusiasts enjoying the game and mainstream players start shifting their attention, the crypto industry is fully blooming, but the competition just started. As a premier global digital assets trading platform, BitMart has quickly gained a solid reputation and strong competitiveness by serving the most satisfactory service for both our users and clients. At present, BitMart has included over 400 digital assets among the most popular categories in the crypto market. With more than 440 trading pairs, BitMart users can always pick their favorites in Decentralized Finance (DeFi), Polkadot Ecosystem, Yield Farming, Non-Fungible Tokens (NFT), Storage, and so on. As meme currencies are popping up everywhere, BitMart is one of the first batch exchanges to list trending meme coins, for example, SHIB, with the highest ROI exceeding 1244.89%. The accomplishment is no coincidence but deeply rooted in BitMart\x92s dedication to bringing our users the latest projects and assets with high qualities and potentials. To achieve this, BitMart has been adhered to a sturdy process to seek exceptional projects. BitMart Photo Available Fundamentals are Key to Succes s First, we conduct a far-reaching due diligence and code review for every project to assess its fundamentals, including the token economy, technology infrastructure, product application, financing situation, team\x92s background, and user base. BitMart values projects with constant and steady progress before and after the listing. We believe that a proven team with a sustainable business model can build long-term benefits for our community. Something Beyond the Project Itself Besides these essentials, BitMart also focuses on vital factors beyond the project itself. We insist that a substantial project should have a robust ecosystem matched with an energetic community and a resourceful marketing team. Moreover, the project\x92s capability to manage the liquidity and maintain a smooth trading experience with a small spread and great depth is even more crucial in its success after the listing. Story continues Compliance is the Bottom Line Last but not least, BitMart always cherishes its compliance status. Therefore, only tokens with obvious utility functions or features that do not conform with securities law requirements will be listed. In addition, tokens with law violations or under law enforcement scrutiny are not eligible for listing on BitMart. Tips from BitMart CEO \x93I have three primary considerations when rating projects: 1. First is the fundamental technology, the underlying protocol, and the core algorithm technology. 2. I appreciate some public chain-based applications in the specific industry. 3. Some blockchain services which can form a digital services ecosystem, such as media, eCommerce, integrals, etc., will catch my attention,\x94 commented Sheldon Xia, Founder and CEO at BitMart. With the profound analysis and complete review of each project, BitMart offers its community some of the best coins in the market. At the same time, with the long-standing support and all-life cycle management for project teams, BitMart offers the clients sustainable development. The win-win-win pattern lies in the core of BitMart\x92s business strategy and will always be BitMart\x92s core competitiveness to bring refreshing experience to our community and clients. BitMart believes the determination and efforts to find the right project are critical for its long-term success as a premier global exchange during the crypto industry\x92s explosion. Finding the next best listing is also what BitMart constantly makes efforts in. Conta **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: 2021-05-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $760,204,279,522 - Hash Rate: 136957441.6516018 - Transaction Count: 226351.0 - Unique Addresses: 695822.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.19 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MeiraGTx Holdings plcMGTX has been struggling lately, but the selling pressure may be coming to an end soon. That is because MGTX recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. A hammer chart pattern is a popular technical indicator that is used in candlestick charting. The hammer appears when a stock tumbles during the day, but then finds strength at some point in the session to close near or above its opening price. This forms a candlestick that resembles a hammer, and it can suggest that the market has found a low point in the stock, and that better days are ahead. Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. In just the past 60 days alone 2 estimates have gone higher, compared to none lower, while the consensus estimate has also moved in the right direction. Estimates have actually risen so much that the stock now has a Zacks Rank #2 (Buy) suggesting this relatively unloved stock could be due for a breakout soon. This will be especially true if MGTX stock can build momentum from here and find a way to continue higher of off this encouraging trading development. You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 reportMeiraGTx Holdings PLC (MGTX) : Free Stock Analysis ReportTo read this article on Zacks.com click here.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 7.88% on Friday. Partially revering a 10.42% gain from Thursday, Bitcoin ended the day at $37,391.4. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,298.1 before hitting reverse. While falling short of the first major resistance level at $43,579, Bitcoin broke through the 38.2% FIB of $41,592. The reversal, however, saw Bitcoin slide to a late intraday low $33,552.0. Bitcoin fell back through the 38.2% FIB and also fell through the first major support level at $36,264. Steering clear of sub-$30,000 levels, Bitcoin broke back through the first major support level to end the day at $37,300 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV tumbled by 20.71% to lead the way down, with Binance Coin (-16.70%) and Chainlink (-16.56%) not far behind. Cardano’s ADA (-13.97%), Ethereum (-12.26%), Litecoin (-14.64%), and Ripple’s XRP (-14.59%) also saw heavy losses. Crypto.com Coin (-5.51%) and Polkadot (-8.34%) saw relatively modest losses on the day, however. In the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,560bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before surging to a Wednesday high 45.97%. At the time of writing, Bitcoin’s dominance stood at 44.66%. This Morning At the time of writing, Bitcoin was down by 0.19% to $37,320.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,725.9 before falling to a low $37,024.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Polkadot was down by 2.55% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $37,747 to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,942 into play. Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the 38.2% FIB and the first major resistance level at $41,942 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $46,493. Failure to move through the pivot at $37,747 would bring the first major support level at $33,196 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level sits at $29,001. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Forecast – Crude Oil Markets Find Support Silver Weekly Price Forecast – Silver Markets Form a Massive Shooting Star U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally S&P 500 Price Forecast – S&P 500 Gives Up Early Gains E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4158.50, Weakens Under 4133.75 The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week', 'Bitcoin , BTC to USD, fell by 7.88% on Friday. Partially revering a 10.42% gain from Thursday, Bitcoin ended the day at $37,391.4. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,298.1 before hitting reverse. While falling short of the first major resistance level at $43,579, Bitcoin broke through the 38.2% FIB of $41,592. The reversal, however, saw Bitcoin slide to a late intraday low $33,552.0. Bitcoin fell back through the 38.2% FIB and also fell through the first major support level at $36,264. Steering clear of sub-$30,000 levels, Bitcoin broke back through the first major support level to end the day at $37,300 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV tumbled by 20.71% to lead the way down, with Binance Coin (-16.70%) and Chainlink (-16.56%) not far behind. Cardano’s ADA (-13.97%), Ethereum (-12.26%), Litecoin (-14.64%), and Ripple’s XRP (-14.59%) also saw heavy losses. Crypto.com Coin (-5.51%) and Polkadot (-8.34%) saw relatively modest losses on the day, however. In the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,560bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before surging to a Wednesday high 45.97%. At the time of writing, Bitcoin’s dominance stood at 44.66%. This Morning At the time of writing, Bitcoin was down by 0.19% to $37,320.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,725.9 before falling to a low $37,024.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Polkadot was down by 2.55% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $37,747 to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,942 into play. Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the 38.2% FIB and the first major resistance level at $41,942 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $46,493. Failure to move through the pivot at $37,747 would bring the first major support level at $33,196 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level sits at $29,001. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Forecast – Crude Oil Markets Find Support Silver Weekly Price Forecast – Silver Markets Form a Massive Shooting Star U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally S&P 500 Price Forecast – S&P 500 Gives Up Early Gains E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4158.50, Weakens Under 4133.75 The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week', 'A Domino’s Pizza franchisee in the Netherlands is offering to pay its employees inbitcoin– appropriately starting on Bitcoin Pizza Day.\n• Staff taking up the option will be able to choose how much of their salary above the minimum wage – which must be paid in euros by law – they wish to receive in bitcoin, according to an announcement Saturday.\n• The franchisee, Immensus Holdings, is Holland’s largest with 16 Domino’s stores, and will offer the salary option in partnership with Dutch fiat-to-crypto gateway BTC Direct.\n• The company has over 1,000 internal and external employees who can opt into the scheme.\n• “We work with a lot of young employees. We hear them talking about bitcoin and we want to offer the opportunity to own cryptocurrency,” Immensuus co-owner Jonathan Gurevich said.\n• The news was announced on Bitcoin Pizza Day, whichcommemoratesthe first time bitcoin was used as a form of payment when developer Laszlo Hanyecz used 10,000 BTC topayfor two pizzas on May 22, 2010.\n• That amount of bitcoin isworthalmost $410 million at time of writing.\nSee also:Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin\n• PizzaDAO Celebrates Bitcoin Pizza Day With 1M Slice Giveaway\n• Why It’s Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict\n• Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use\n• Crypto Card Provider Simplex Being Acquired by Canadian Firm for $250M', 'A Domino’s Pizza franchisee in the Netherlands is offering to pay its employees in bitcoin – appropriately starting on Bitcoin Pizza Day. Staff taking up the option will be able to choose how much of their salary above the minimum wage – which must be paid in euros by law – they wish to receive in bitcoin, according to an announcement Saturday. The franchisee, Immensus Holdings, is Holland’s largest with 16 Domino’s stores, and will offer the salary option in partnership with Dutch fiat-to-crypto gateway BTC Direct. The company has over 1,000 internal and external employees who can opt into the scheme. “We work with a lot of young employees. We hear them talking about bitcoin and we want to offer the opportunity to own cryptocurrency,” Immensuus co-owner Jonathan Gurevich said. The news was announced on Bitcoin Pizza Day, which commemorates the first time bitcoin was used as a form of payment when developer Laszlo Hanyecz used 10,000 BTC to pay for two pizzas on May 22, 2010. That amount of bitcoin is worth almost $410 million at time of writing. See also: Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin Related Stories PizzaDAO Celebrates Bitcoin Pizza Day With 1M Slice Giveaway Why It’s Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use Crypto Card Provider Simplex Being Acquired by Canadian Firm for $250M View comments', 'A Domino’s Pizza franchisee in the Netherlands is offering to pay its employees inbitcoin– appropriately starting on Bitcoin Pizza Day.\n• Staff taking up the option will be able to choose how much of their salary above the mini **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: 2021-05-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $686,243,301,019 - Hash Rate: 144427847.55987102 - Transaction Count: 223800.0 - Unique Addresses: 603588.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: GBP/USD Video 18.05.21. British Pound Continues To Gain Ground Against U.S. Dollar GBP/USD has recently made an attempt to settle above the resistance at 1.4180 while the U.S. dollar remained under pressure against a broad basket of currencies. The U.S. Dollar Index has managed to settle below the support at 90.30 and is trying to get to the test of the support at 90. In case the U.S. Dollar Index declines below 90, it will move towards the support at 89.75 which will be bullish for GBP/USD. The UK has just reported that Claimant Count Change decreased from 10,100 in March to -15,100 in April compared to analyst consensus of 25,000. Unemployment Rate report for March showed that Unemployment Rate declined from 4.9% in February to 4.8% in March while analysts expected that it will remain unchanged at 4.9%. Both reports indicated that the UK job market continued to recover. Today, foreign exchange market traders will also have a chance to take a look at the latest housing market data from the U.S. Analysts expect that Building Permits declined by 0.9% month-over-month in April after growing by 2.7% in March. Housing Starts are projected to decline by 2.8%. It should be noted that Building Permits and Housing Starts stay near multi-year high levels so some correction on a month-over-month basis does not signal any notable weakness. Technical Analysis GBP/USD managed to get above the resistance at 1.4150 and is trying to settle above the next resistance at 1.4180. In case GBP/USD manages to settle above this level, it will head towards the resistance which is located at February highs at 1.4240. A successful test of the resistance at 1.4240 will open the way to the test of the resistance at 1.4280. If GBP/USD gets above this level, it will head towards the next resistance at 1.4345. It should be noted that GBP/USD has not visited this territory since 2018 so it remains to be seen whether previous levels will be relevant for today’s trading. Story continues On the support side, the previous resistance at 1.4150 will serve as the first support level for GBP/USD. If GBP/USD manages to settle below this level, it will move towards the support at 1.4120. A move below this level will open the way to the test of the support at 1.4080. 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 Rebounds From Multi-Week Lows Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 18th, 2021 European Equities: Eurozone GDP and Trade Data in Focus E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Watching Trader Reaction to 13181.75 into Close China’s NetEase to Post Revenue Growth of About 18% in Q1 Price of Gold Fundamental Daily Forecast – Gold Bulls Reaping Benefits of Listening to Fed... - Reddit Posts (Sample): [['u/mrnoids', 'Good news?', 164, '2021-05-22 00:08', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/', 'A certain website that runs on onions is switching to using LTC only due to the fees associated with BTC. So, I assume the price of LTC will increase from this.', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/', 'ni46tc', [['u/MyPandaAssassin', 18, '2021-05-22 00:09', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzrhej/', "Hell ya! That's awesome news!", 'ni46tc'], ['u/Decaying_Hero', 37, '2021-05-22 00:43', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzvfm7/', 'If they’re on onions I’m surprised they’re not using monero', 'ni46tc'], ['u/I-Like-Art-And-Drugs', 25, '2021-05-22 00:57', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzx2x8/', 'I feel like LTC might take some of Monero’s market share when LTC adds its privacy feature.', 'ni46tc'], ['u/RTSwiz', 11, '2021-05-22 01:16', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzzat3/', "I don't understand what this means but I'd like to.", 'ni46tc'], ['u/brain_is_a_muscle', 11, '2021-05-22 01:20', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzzp70/', 'yeah man. i posted a post this morning of the conversation between charlie lee and doug on monero talk where charlie talks about the new privacy function. its not going to be default but gives Litecoin a new aspect', 'ni46tc'], ['u/dcblazin', 12, '2021-05-22 01:47', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz02pn7/', 'Even with MW, Litecoin will not be in the same league as XMR when it comes to privacy. MW trx can be traced, the key has been cracked years ago. The fact that it will be optional will put LTC in the same league as Zcash. Using MW could make a transaction stand out more than electing to not use the MW protocol. All Monero trxs are still untraceable and completely private', 'ni46tc'], ['u/[deleted]', 16, '2021-05-22 01:48', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz02r4u/', "I went through Eastern Oregon one time and there are so many onions. Not sure if that helps us, but I'm also interested.", 'ni46tc'], ['u/kraigka212', 15, '2021-05-22 01:51', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz0339l/', 'And here I am thinking, wow The Onion satire website accepts crypto?', 'ni46tc'], ['u/dcblazin', 10, '2021-05-22 01:52', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz039i4/', 'Maybe take some of Zcash’s market but an optional MW protocol is not in the league as XMR when it comes to privacy.', 'ni46tc']]], ['u/Zooo04', 'Why Mining will always be worthwhile', 40, '2021-05-22 00:25', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/', 'Unpopular opinion probably: There will always be a crypto currency to mine, and with Bitcoin dropping at the moment it is never too late to start mining. The amount of Bitcoin left to mine is getting lower and lower every single year and I am still bullish that Bitcoin will continue to grow in value. Just realize that if you do not convert Bitcoin into something else it can always still be profitable. I’m going to continue to slowly keep mining and keep holding!', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/', 'ni4jnt', [['u/msdtflip', 19, '2021-05-22 01:22', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gyzzz78/', "It entirely depends on the methods of generating worthwhile crypto in the future. GPU mining is not always guaranteed to be a profitable mining method in the future and not all crpytos are guaranteed to be worth anything.\n\nI have no problem with people believing in the future of GPU mining, but people should be careful and understand what they're getting into before heavily investing in it.", 'ni4jnt'], ['u/Zooo04', 12, '2021-05-22 01:23', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz0009f/', 'Yeah I understand this, doesn’t have to be explained in this particular of a manner though. The main reason for the most was that crypto currency will always be worth to mine.', 'ni4jnt'], ['u/Intrepid_Ad_7255', 15, '2021-05-22 01:40', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz01vy8/', 'Same. Especially when you have cheap electricity, just keep on mining.', 'ni4jnt'], ['u/-gon', 12, '2021-05-22 02:47', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz096ma/', 'Keep mining until death and Hodl till the doors crack.', 'ni4jnt'], ['u/AT-ST', 13, '2021-05-22 03:18', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz0ci8d/', 'If you are paying more in electricity than you are earning, you should turn off your rig and buy the crypto you want to invest in. It makes no sense to spend $20 to earn $10 in BTC. Just buy $20 in BTC.', 'ni4jnt']]], ['u/ThomasReturns', 'So i got drunk and talked about crypto', 10, '2021-05-22 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/', 'Hey guys,\n\nIts that time of night again,\n\nInstead of being cool and normal, i got drunk and went on a rant about how coll crypto is and that if you don’t invest in it, you probably have a small penis.\n\nWhy is this so natural? Why does investing in crypto give the need to spout advice to others?\n\nI could have said : hey, so how are your kids doing mandy?\n\nBut instead i said:\n\nWel damn, if you don’t buy bitcoin now, your kid will hate you when he’s working at dunki’n donuts 🍩 trying to save money for a house.\n\nI fell like i may have crossed a line, but its still very much the truth!\n\nIf we don’t win these battles? How will are kids ever win them?\n\nMan i’m drunk, and i’m a dad!\n\nBetter go check on the little tike.\nAg least he has like 3 ethereum to his name!\nHah!\n\nLove you guys!\n\n\nP.s.\n\nIf anyones named randy, please leave a message, beCause thats a cool name!', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/', 'ni4rir', [['u/step11234', 13, '2021-05-22 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/gyzurqc/', 'Time for bed me thinks', 'ni4rir'], ['u/yeahnothanks', 10, '2021-05-22 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/gyzy3ff/', "Hey I'm invested in it AND I have a small penis", 'ni4rir']]], ['u/Capk71', 'Recent Crypto crash', 59, '2021-05-22 00:37', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/', "Some may be a little distressed over Theta's recent drop. I comfort myself with a couple thoughts....\n\n1. The drop has nothing to do with the Theta project. It's manipulation of BTC dragging down all crypto markets.\n2. I (and probably you too) didn't buy Theta b/c we thought it might go to $10, $30 or even $100. I bought because it is hands down the best dam use case for crypto and blockchain in particular. I expect Theta to worth far more than ETH one day soon. So who cares what its at today?", 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/', 'ni4sbe', [['u/TheSmoothPilsner', 14, '2021-05-22 00:54', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gyzwsxz/', 'All I see is an opportunity to fill my bags. This is the longest I’ve held any crypto and I don’t plan on selling soon. Bring on the fire sale.', 'ni4sbe'], ['u/Aired_', 19, '2021-05-22 01:17', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gyzzc51/', "From my pov I don't feel like I have lost anything, I only gained an opportunity to get more for less. And that is exactly what I did.", 'ni4sbe'], ['u/Baller3232', 11, '2021-05-22 01:22', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gyzzxdw/', 'Amazing project, not at all even thinking of selling any. But definitely strategizing on when to add more 👍👍', 'ni4sbe'], ['u/phase_lag', 12, '2021-05-22 01:25', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gz009tv/', 'I grabbed me some more TFuel only a few hours ago!', 'ni4sbe']]], ['u/RayboldShabazz', 'Girlfriend wants me to sell my btc', 17, '2021-05-22 00:40', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/', 'I’ve been in a relationship with my girlfriend for six months and made the mistake of telling her how much bitcoin I own (several coins and most my net worth). Our relationship is great and I love her but she’s been nagging me to sell my bitcoin, even saying “it’s literally not even real”. \n\nThe most recent dip has just been more ammunition for her to claim I’m blowing my money. If I had to choose her or the moon I’d probably choose her (I’m simping hard) but I’d I’ll resent her when I see all you guys on the moon without me one day. What can I do to make her accept me as a hodler?', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/', 'ni4uhq', [['u/StarFireChild4200', 12, '2021-05-22 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/gyzvbqp/', "It's your money.", 'ni4uhq'], ['u/ArcTrader', 25, '2021-05-22 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/gyzvenw/', "Honestly you haven't been together that long, I wouldn't let her have any control over how you spend your money man.", 'ni4uhq'], ['u/Murphytheturkey', 65, '2021-05-22 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/gyzvfbs/', '*ex girlfriend.', 'ni4uhq'], ['u/livingwithrage', 107, '2021-05-22 00:43', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_... 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 0.47% on Saturday. Partially reversing a 7.88% slide from Friday, Bitcoin ended the day at $37,557.\nA mixed start to the day saw Bitcoin fall to a mid-morning intraday low $35,372.0 before making a move.\nSteering clear of the first major support level at $33,196, Bitcoin rose to a late morning intraday high $38,956.0.\nFalling well short of the 38.2% FIB of $41,592 and the first major support level at $41,942, Bitcoin fell back to $37,200 levels and into the red.\nLate in the day, Bitcoin moved back through to $38,000 levels before ending the day at sub-$38,000 levels.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Sunday.\nPolkadot andRipple’s XRPslid by 10.06% and by 10.11% to lead the way down.\nBinance Coin(-8.14%),Chainlink(-9.21%),Cardano’s ADA(-5.59%),Ethereum(-5.65%),Litecoin(-6.02%) also struggled.\nBitcoin Cash SV(-1.06%) andCrypto.com Coin(-1.89%) saw relatively modest losses on the day, however.\nIn the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,508bn.\nBitcoin’s dominance fell to a Wednesday low 39.66% before rising to a Saturday high 46.41%. At the time of writing, Bitcoin’s dominance stood at 45.96%.\nAt the time of writing, Bitcoin was down by 1.41% to $37,029.0. A bearish start to the day saw Bitcoin fall from an early morning high $37,575.0 to a low $36,880.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a mixed start to the day.\nPolkadot was up by 0.14% to buck the trend at the start of the day.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was down by 3.68% to lead the way down.\nBitcoin would need to move back through the pivot level at $37,295 to bring the first major resistance level at $39,218 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $38,956.0.\nBarring a broad-based crypto rally, the first major resistance level at $39,218 and resistance at $40,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,879.\nFailure to move back through the pivot at $37,295 would bring the first major support level at $35,634 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,711.\nThisarticlewas originally posted on FX Empire\n• Gold Weekly Price Forecast – Gold Markets Break Down Trendline\n• The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week\n• The Crypto Daily – Movers and Shakers – May 22nd, 2021\n• U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally\n• European Equities: A Week in Review – 21/05/21\n• Natural Gas Price Prediction – Prices Slip Closing the Week in the Red', 'Bitcoin , BTC to USD, rose by 0.47% on Saturday. Partially reversing a 7.88% slide from Friday, Bitcoin ended the day at $37,557. A mixed start to the day saw Bitcoin fall to a mid-morning intraday low $35,372.0 before making a move. Steering clear of the first major support level at $33,196, Bitcoin rose to a late morning intraday high $38,956.0. Falling well short of the 38.2% FIB of $41,592 and the first major support level at $41,942, Bitcoin fell back to $37,200 levels and into the red. Late in the day, Bitcoin moved back through to $38,000 levels before ending the day at sub-$38,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Sunday. Polkadot and Ripple’s XRP slid by 10.06% and by 10.11% to lead the way down. Binance Coin (-8.14%), Chainlink (-9.21%), Cardano’s ADA (-5.59%), Ethereum (-5.65%), Litecoin (-6.02%) also struggled. Bitcoin Cash SV (-1.06%) and Crypto.com Coin (-1.89%) saw relatively modest losses on the day, however. In the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,508bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before rising to a Saturday high 46.41%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was down by 1.41% to $37,029.0. A bearish start to the day saw Bitcoin fall from an early morning high $37,575.0 to a low $36,880.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day. Polkadot was up by 0.14% to buck the trend at the start of the day. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Crypto.com Coin was down by 3.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $37,295 to bring the first major resistance level at $39,218 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $38,956.0. Barring a broad-based crypto rally, the first major resistance level at $39,218 and resistance at $40,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,879. Failure to move back through the pivot at $37,295 would bring the first major support level at $35,634 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,711. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Markets Break Down Trendline The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week The Crypto Daily – Movers and Shakers – May 22nd, 2021 U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally European Equities: A Week in Review – 21/05/21 Natural Gas Price Prediction – Prices Slip Closing the Week in the Red', 'Hold on for dear life. It\'s an oft-heard rallying cry for denizens of the super-volatile cryptocurrencies market.That "HODL" sentiment has taken on special urgency this week after bitcoin sank to fresh lows. The digital coin fell as low as $30,000 on Wednesday, wiping out many of the gains it has made in recent months, before recovering slightly to just over $37,000 at the time of this writing.The drop, which followed reports of the Chinese government\'s crackdown on the use of digital coins, merely accelerated a sell-off that had begun earlier in the month. Several other cryptocurrencies also tumbled.I knew we were in for another crypto bust when friends in one of myWhatsAppgroups—some of whom had never held crypto—started asking me about making investments in dogecoin, a wildly overvalueddigital token based on the Shiba Inu meme. When everyone wants in, it\'s time to get out.Experienced crypto investors have good reason to be sanguine about bitcoin\'s latest drop. Despite the volatility, blockchain-based startups have attracted a lot of long-term capital. VC investments in crypto startups hitan all-time high in the first quarter of this year, with $3 billion invested across 239 deals, according to PitchBook data. To be sure, these investors aren\'t just backing crypto, but also the underlying technology—blockchain—that is integral to the distributed-ledger concept and larger ambitions surrounding decentralized finance.\nThis article appeared as part of The Weekend Pitch newsletter.Subscribe to the newsletter here.\nThat said, not all blockchains are created equally. Some of the most popular cryptocurrencies are based on the earliest iterations of blockchain technology, which were arguably not built for the market as it exists today.For example, bitcoin, dogecoin, ethereum and a lot of major cryptocurrencies run on blockchain using what is called a proof-of-work protocol. This essentially means a lot of computing power must be provided to a network of "miners" who crunch the numbers and make transactions happen. That requires using a lot of electricity. Earlier this year, a Cambridge University study estimated that the bitcoin network—which comprises all the mining power needed to validate transactions—uses more electricity every year than all of Argentina.One cause of bitcoin\'s plunge was thatTeslasaid last week that it will no longer accept bitcoin over "environmental concerns." The electric car company, which takes pride in being a green transportation solution, was talking about proof-of-work electricity consumption. This is somewhat ironic, since Tesla founder Elon Musk had a hand in promoting currencies like dogecoin that run on proof-of-work protocols. Nevertheless, Tesla has a point.Proof-of-work protocols have sustainability and scalability challenges, and not just because of the electricity they use. They can also be expensive for users, depending on the size of the transaction being processed.There are sustainable alternative protocols such as proof-of-stake or delegated proof-of-stake. (These approaches don\'t lend themselves to succinct explanations, but suffice to say they\'re less resource-heavy.)For this reason, the recent hype around unsustainable and outdated cryptocurrencies like bitcoin, or worse, dogecoin, seems a bit backward. No doubt bitcoin **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: 2021-05-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $699,353,966,412 - Hash Rate: 148163050.51400563 - Transaction Count: 194320.0 - Unique Addresses: 555526.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Wall Street closed sharply higher on Thursday supported by the new infrastructure plan proposed by President Joe Biden and strong manufacturing data. All the three major stock indexes ended in green. U.S. stock markets were closed on Friday to observe Good Friday. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) gained 0.5% or 171.66 points to close at 33,153.21. Notably, 20 components of the 30-stock index ended in the green while 10 in red. The Nasdaq Composite finished at 13,480.11, climbing 233.23 points or 1.8% due to strong performance by large-cap technology stocks. Technology behemoths like Lam Research Corp. LRCX, Microsoft Corp. MSFT and salesforce.com inc. CRM jumped 7.4%, 2.8% and 3.2%, respectively. Microsoft carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . Meanwhile, the S&P 500 surged 1.2% to end at 4,019.87, marking its first closing above the technical barrier of 4,000. In intraday trading, the broad-market index touched a record-high at 4,020.63. The Energy Select Sector SPDR (XLE) and the Technology Select Sector SPDR (XLK) rose 2.6% and 2%, respectively. Notably, eight out of eleven sectors of the benchmark index closed in the green while three in red. The fear-gauge CBOE Volatility Index (VIX) was down 10.7% to 17.33, marking its first closing below 18 for the first time in 14 months. A total of 10.5 billion shares were traded on Thursday, lower than the last 20-session average of 13 billion. Advancers outnumbered decliners on the NYSE by a 4.16-to-1 ratio. On Nasdaq, a 3.14-to-1 ratio favored advancing issues. Biden Proposes $2.3 Trillion Infrastructure Plan On Mar 31, President Joe Biden unveiled his $2.3 trillion infrastructure development plan. Notably, some economists believe that final expenditure may reach around $4 trillion as additional parts are announced. The proposed plan will allocate $621 billion into transportation infrastructure such as bridges, roads, public transit, ports, airports and electric vehicle development. Provide $400 billion to care for elderly and disabled Americans. Biden's proposal will include more than $300 billion for improving drinking-water infrastructure, expanding broadband access and upgrading electric grids. It will allocate more than $300 billion into building and retrofitting affordable housing, along with constructing and upgrading schools. The new plan has the provision to invest $580 billion in American manufacturing, research and development and job training efforts. Story continues Strong Economic Data The Institute of Supply Management (ISM) reported that its manufacturing Purchasing Managers' Index (PMI) for March soared to 64.7% from 60.8% in February, marking its highest reading since December 1983 and 10th consecutive month of growth. The consensus estimate was 61.3%. Notably, any reading above 50 means expansion of manufacturing activities. Out of a total 18 industries, 17 reported expansions. The sub-index for new orders jumped to 68% from 64.8% in February, reflecting the highest level since January 2004. The sub-index for manufacturing employment came in at 59.6% from 54.4% in February, posting the highest reading since February 2018. The IHS Markit reported that its U.S. manufacturing PMI rose to 59.1% in March from 58.6 in February, marking its second highest level on record. Construction spending declined 0.8% in February compared with a gain of 1.7% in January. The consensus estimate was for a decline of 0.7%. The Department of Labor reported that weekly jobless claims increased by 61,000 to 719,000 for the week ended Mar 27 compared with downwardly revised previous week's data of 658,000. The consensus estimate was 682,000. Combined state and federal jobless claims totaled an unadjusted 951,548 for the week ended Mar 20. Meanwhile, the continuing claims (number of people who have already collected jobless benefit) declined by 46,000 to a seasonally adjusted 3.79 million for the week ended Mar 20, lowest level in a year. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 salesforce.com, inc. (CRM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/leepox', "SHIB is the king Meme coin this bull run, and people don't know it yet", 132, '2021-05-23 00:00', 'https://www.reddit.com/r/SHIBArmy/comments/nit74u/shib_is_the_king_meme_coin_this_bull_run_and/', "SHIB is the king meme coin this bull run and a lot of people haven't realised it yet. The fact that 40% is now in a locked dead wallet, 5% on VBs wallet, 5% in donation, and around 20% in exchanges. Only 25-30% is owned by retail. The biggest 3 whales are sitting at around 2% each. No one has a single rigging power. Compare that to how skewed BTC (97% of BTC is owned by the top 4%) and that 30% Doge holder is.... We're in a pretty strong position. \n\n If they want to rug with Shibaswap by pulling liquidity, well, they better be next level geniuses because the swap contract is going to be open source that means if there's an exploit that exploit will be open to anyone with a smooth brain. . Equally, anyone can verify/validate the code and help protect the community . Also why pull liquidity when SHIB is a golden goose laying golden eggs. The BONE allocation to the devs are potentially going to be worth as much as SHIB, they'll be rich beyond their wildest dreams with the volume we're already experiencing with SHIB and Leash translating over to Shibaswap DEX. \n\nWe also know the swap is not just a straight copy paste, because based on the kovan test network and their white paper, there's a complex minting relationship between Leash, SHIB and BONE... Nothing similar is out there. \n\nAgain there's a small percentage risk, but there are far more riskier bets out there.", 'https://www.reddit.com/r/SHIBArmy/comments/nit74u/shib_is_the_king_meme_coin_this_bull_run_and/', 'nit74u', [['u/itsasseatnszn', 11, '2021-05-23 00:56', 'https://www.reddit.com/r/SHIBArmy/comments/nit74u/shib_is_the_king_meme_coin_this_bull_run_and/gz3rset/', 'Finally some non fud comments. Things are looking up!', 'nit74u']]], ['u/Dannymax333', 'Crypto will bounce soon, but the prices from this bounce will likely be the highest we see for the next few years.', 20, '2021-05-23 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/', " I think many people are overestimating how big the rise will be once this dip is done. Bitcoin is down 42% from the all-time high at $64943.50. Seeing this volatility normally in a bull run is giving people the justification that this is just another one of those dips and soon we will be at 100K. This is drawing attention away from the fact that we've had a 1954% run this year and perhaps this 42% dip is a sign that the trend is changing and we are actually entering a bear market and not setting up to make new all-time highs. \n\n\nMarkets seem to work in a way where the success of a few depends on the failure of the majority. When Bitcoin does come up from this dip I guarantee you there will still be people who think it's about to make a new all-time high and they will be the ones who get hurt the most. People don't remember but there are so many people who lost all or most of their investment in the 2018 crypto crash, they just aren't here to talk about it. \n\n\n>! If Bitcoin bounces to 49K, I'll consider it a last chance to get out at a decent price. !<", 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/', 'niteks', [['u/ColteesBigOleTits', 34, '2021-05-23 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/gz3n8f0/', 'But I’m hodling my BTC until at least 2025 so why the fuck would I care what happens this year or even next year? Hodl. Money.', 'niteks'], ['u/Dannymax333', 13, '2021-05-23 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/gz3ozu0/', '>why are we bothering with trivial stuff like whether Bitcoin will be at $40k or $20k next\n\nMaybe because selling at 40K and buying back at 20K (a 50% decline) means you would double the amount of Bitcoin you have.', 'niteks']]], ['u/Kazzer36', 'For shitcoiners saying coinbase stock should be going up because they make money on transactions', 30, '2021-05-23 00:11', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/', 'Tldr: Investors make their decisions based on their future expectations and given that the vast majority of crypto is built on short term hype, if crypto goes down, the hype, future expectations and COIN stock goes down with it.\n\nFor those saying that COIN should be going up if crypto is going down because they make money from both sides of transactions, I would have to disagree. 90+% of the crypto market consists of cult like hype from retail traders lured in with the hopes of quick profits. \nIf crypto starts to reverse, in the short run, COIN will make more money, but that buzz starts to disappear and all COIN is left with, is the small audience of those that actively day trade crypto (gambling rather than trading) and the even smaller audience of enthusiasts that actually use crypto to buy stuff (just because they can, not because it is better or more convenient), which doesn’t look too good for investors future expectations, especially after China clamping down and Tesla (which has a lot of influence over the hype) dropping btc payments.\n\nLook at search volume for Crypto terms and you’ll notice the volume almost mirrors crypto prices. When Bitcoin goes down, so does interest and therefor transactions and therefor CON, I mean COIN.', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/', 'nitf0t', [['u/DevilFucker', 10, '2021-05-23 03:22', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/gz4777g/', 'Exactly. Stock prices are based on expectation. Not necessarily on what is currently happening. The fact that crypto cultists don’t understand this is just further proof that they don’t understand economics or investing.', 'nitf0t'], ['u/DevilFucker', 14, '2021-05-23 03:48', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/gz49u8e/', 'Crypto is a pyramid scheme that relies entirely on the “greater fool theory”. Crypto prices only go up because people are able to sell it to a "greater fool”. That is, of course, until there are no greater fools left.', 'nitf0t'], ['u/DevilFucker', 14, '2021-05-23 04:15', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/gz4cgpo/', 'No because gold is a rare and very useful metal that you can make a wide variety of things out of. And it has properties that can’t be duplicated by any other substance. Whereas with crypto you can infinitely create new currencies out of thin air with the exact same fundamental features.', 'nitf0t']]], ['u/Kazzer36', 'Why crypto is a get rich quick cult bubble', 40, '2021-05-23 00:22', 'https://www.reddit.com/r/Buttcoin/comments/nitn6d/why_crypto_is_a_get_rich_quick_cult_bubble/', '* 95% of coiners claim they’re in it for the tech, yet if you take away the hope/ opportunity of getting rich quick with crypto, 95% of shitcoiners wouldn’t be interested anymore. look at search volumes after previous crashes, the quick money from buying and holding went away and so all the interest went away with it. \n\n​\n\n* "Dogecoin to Mars"...\n\n​\n\n* If crypto was flat and stable, everyone would be moaning about how it’s impossible to trade/ make any gainz. If everyone truly believed in Bitcoin and wanted it to succeed, you should be wanting it be flat and stable so that it would tick the ‘stable store of value’ box needed for it to even be considered as a viable currency. \n\n​\n\n* Whenever you hear about crypto it’s almost always about money, profits, how much the price/USD is fluctuating and the buy the dip profit making opportunities surrounding that volatility, not the underlying concept of crypto itself or the technology surrounding it, which is what you’d expect to hear if all the hype was based on that rather than the gambling aspect of it all. \n\n​\n\n* we already have digital currency (online banking and payments, which is more than good enough for what we need and want as a payment method) and if the world did eventually move into crypto in some form, it would be just as exciting as moving from cash to online payments, which has already happened, yet no one cared about this because you couldn’t make a quick and easy buck out of it. And for those that say that crypto is more exciting due to various factors like security and what not, the general population couldn’t care less about this stuff and you’re part of a small group of tech enthusiasts that do.', 'https://www.reddit.com/r/Buttcoin/comments/nitn6d/why_crypto_is_a_get_rich_quick_cult_bubble/', 'nitn6d', [['u/HumesLadder', 21, '2021-05-23 00:41', 'https://www.reddit.com/r/Buttcoin/comments/nitn6d/why_crypto_is_a_get_rich_quick_cult_bubble/gz3q2r7/', 'The worst part about this bubble is that it is not like it is some tech company that is being grossly overvalued during the Dot-Com. It is not some extremely hyped up future thing like marijuana, 3D printing or gene editing that actually has some value. These are digital coins that are almost completely worthless and are completely worthless to 99.99% of the population. The only functional use it has is buying illegal things on the dark web. \n\nIt is also a lot worse than gambling, because I suspect a lot of people doing it actually convince themselves it is not gambling. There are people who if you told them to take $5000 and put it into one hand of black jack, they would say that is too risky, but they would gladly dump their life savings into these coins. People are buying extremely unstable assets(if you could even call them this) 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:** ['Crypto hedge funds managed nearly $3.8 billion in 2020, up from $2 billion in 2019, and are showing a taste for decentralized finance (DeFi), according to a new report from PwC and the Alternative Investment Management Association (AIMA). Released Monday, the third annual Global Crypto Hedge Fund Report, co-authored by Elwood Asset Management, shows that 31% of crypto hedge funds use decentralized exchanges (DEXs), with Uniswap being the most widely used (16%), followed by 1inch (8%) and SushiSwap (4%). Meanwhile, DeFi-specific tokens are on the rise: oracle service Chainlink’s LINK was included in 30% of hedge fund investments, with interoperability protocol Polkadot’s DOT and lending platform Aave’s AAVE making up 28% and 27%, respectively. Related: Opium, UMA to Launch Decentralized Insurance for SpaceX Flights The DeFi space has seen explosive growth in recent months, with the total value locked in Ethereum-based DeFi platforms now sitting at $60 billion, according to DeFi Pulse . Meanwhile, some large traditional hedge funds like Steven Cohen’s Point72 are reported to be taking an interest in DeFi , as part of a strategy of setting up crypto-focused funds. While bitcoin remains far and away the most popular asset among funds, Ethereum’s native ETH token was included in 67% of investments. Crypto hedge funds are also involved in cryptocurrency staking (42%), lending (33%) and borrowing (24%). There is also increased interest in DeFi from some of the more traditional financial institutions, PwC Crypto Leader Henri Arslanian said in an email. Related: People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds “Whilst they may be still far from using decentralized applications, many financial institutions are trying to be more educated and try to understand the potential impact that DeFi may have on the future of financial services,” Arslanian wrote. Crypto hedge funds on average returned 128% in 2020 (versus 30% in 2019). The vast majority of investors in such funds are either high-net-worth individuals (54%) or family offices (30%). The percentage of crypto hedge funds with over $20 million in AUM increased in 2020 from 35% to 46%. Story continues Meanwhile, 47% of traditional hedge fund managers surveyed, representing $180 billion of AUM, are already invested or looking at investing in crypto, according to the report. “The fact that we have partnered with AIMA and included traditional hedge funds for this year’s report is an indication of how fast crypto is becoming more mainstream with institutional investors,” said Arslanian. “This would have been unthinkable even 12 months ago.” Related Stories Flux Protocol Raises $10.3M Seed Round to Build DeFi Infrastructure on NEAR Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal', 'Crypto hedge funds managed nearly $3.8 billion in 2020, up from $2 billion in 2019, and are showing a taste for decentralized finance (DeFi), according to a new report from PwC and the Alternative Investment Management Association (AIMA).\nReleased Monday,the third annual Global Crypto Hedge Fund Report,co-authored by Elwood Asset Management, shows that 31% of crypto hedge funds use decentralized exchanges (DEXs), with Uniswap being the most widely used (16%), followed by 1inch (8%) and SushiSwap (4%).\nMeanwhile, DeFi-specific tokens are on the rise: oracle service Chainlink’sLINKwas included in 30% of hedge fund investments, with interoperability protocol Polkadot’sDOTand lending platform Aave’sAAVEmaking up 28% and 27%, respectively.\nRelated:Opium, UMA to Launch Decentralized Insurance for SpaceX Flights\nThe DeFi space has seen explosive growth in recent months, with the total value locked in Ethereum-based DeFi platforms now sitting at $60 billion, according toDeFi Pulse.\nMeanwhile, some large traditional hedge funds like Steven Cohen’s Point72 arereported to be taking an interest in DeFi, as part of a strategy of setting up crypto-focused funds.\nWhilebitcoinremains far and away the most popular asset among funds, Ethereum’s nativeETHtoken was included in 67% of investments. Crypto hedge funds are also involved in cryptocurrency staking (42%), lending (33%) and borrowing (24%).\nThere is also increased interest in DeFi from some of the more traditional financial institutions, PwC Crypto LeaderHenri Arslaniansaid in an email.\nRelated:People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds\n“Whilst they may be still far from using decentralized applications, many financial institutions are trying to be more educated and try to understand the potential impact that DeFi may have on the future of financial services,” Arslanian wrote.\nCrypto hedge funds on average returned 128% in 2020 (versus 30% in 2019). The vast majority of investors in such funds are either high-net-worth individuals (54%) or family offices (30%). The percentage of crypto hedge funds with over $20 million in AUM increased in 2020 from 35% to 46%.\nMeanwhile, 47% of traditional hedge fund managers surveyed, representing $180 billion of AUM, are already invested or looking at investing in crypto, according to the report.\n“The fact that we have partnered with AIMA and included traditional hedge funds for this year’s report is an indication of how fast crypto is becoming more mainstream with institutional investors,” said Arslanian. “This would have been unthinkable even 12 months ago.”\n• Flux Protocol Raises $10.3M Seed Round to Build DeFi Infrastructure on NEAR\n• Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal', 'Bitcoin , BTC to USD, slid by 7.53% on Sunday. Reversing a 0.47% gain from Saturday, Bitcoin ended the week down by 25.43% to $34,747.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $38,384.0 before hitting reverse. Falling short of the first major resistance level at $39,218, Bitcoin slid to a late afternoon intraday low $31,230.0. Bitcoin fell through the first major support level at $35,634 and the second major support level at $33,711. Steering clear of the third major support level at $30,127, Bitcoin broke back through the second major support level to end the day at $34,700 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Sunday. Crypto.com Coin tumbled by 20.08% to lead the way down, with Bitcoin Cash SV (-15.28%) and Litecoin (-15.78%) also seeing heavy losses. Binance Coin (-12.96%), Cardano’s ADA (-10.19%), Chainlink (-13.63%), Ethereum (-8.58%), Polkadot (-12.31%), and Ripple’s XRP (-12.48%) weren’t far off, however. It was also a bearish week for the majors. Binance Coin (-53.72%), Bitcoin Cash SV (-56.77%), Chainlink (-50.68%), and Litecoin (-51.80%) led the way down. Cardano’s ADA (-42.85%), Ethereum (-41.44%), Polkadot (-43.51%), and Ripple’s XRP (-45.30%) also saw heavy losses. Crypto.com Coin fell by a more modest 39.60% in the week. In the week, the crypto total market rose to a Monday high $2,162bn before sliding to a Sunday low $1,196bn. At the time of writing, the total market cap stood at $1,407bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before rising to a Sunday high 48.67%. At the time of writing, Bitcoin’s dominance stood at 46.78%. This Morning At the time of writing, Bitcoin was up by 1.47% to $35,259.0. A bullish start to the day saw Bitcoin rise from an early morning low $34,733.0 to a high $35,337.0. Story continues 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, Cardano’s ADA was up by 1.77% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $34,790 to bring the first major resistance level at $38,341 into play. Support from the broader market would be needed for Bitcoin to break out from $37,000 levels. Barring a broad-based crypto rally, the first major resistance level at $38,341 and Sunday’s high $38,384.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,935. Failure to avoid a fall back through the pivot at $34,790 would bring the first major support level at $31,196 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $27,645. This article was originally posted on FX Empire More From FXEMPIRE: A Quiet Day Ahead on the Economic Calendar Leaves the U.S Economy and FOMC Chatter in Focus Gold Price Futures (GC) Technical Analysis – Big Challenge for Gold Bulls at $1899.20 Retracement Level NZD/USD Forex Technical Analysis – Trading on Weakside of Main 50% Level at .7204 The Crypto Daily – Movers and Shakers – May 24th, 2021 AUD/USD Forex Technical Analysis – Holding Short-Term 50% Support at .7711 Early in Session EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – May 24th, 2021', 'Bitcoin, BTC to USD, slid by 7.53% on Sunday. Reversing a 0.47% gain from Saturday, Bitcoin ended the week down by 25.43% to $34,747.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $38,384.0 before hitting reverse.\nFalling short of the first major resistance level at $39,218, Bitcoin slid to a late afternoon intraday low $31,230.0.\nBitcoin fell through the first major support level at $35,634 and the second major support level at $33,711.\nSteering clear of the third major support level at $30,127, Bitcoin broke back through the second major support level to end the day at $34,700 levels.\nThe near-term bullish trend remained intact in spite of the latest slide back to su **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: 2021-05-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $665,729,145,900 - Hash Rate: 156878524.07365298 - Transaction Count: 234755.0 - Unique Addresses: 643231.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase has delayed the launch of trading on stablecointether(USDT) until next month citing an ongoing issue with its professional platform’s application programming interface (API). • Coinbase announcedWednesday via a tweet it had decided to further delay the launch on Coinbase Pro until 6 PM PT (1:00 UTC) on May 3. • It marks thesecond timein two days the company has decided to postpone USDT trading after announcing on Tuesday it intended to resume trading later that evening. • While transfers remain available, the U.S. cryptocurrency trading platform said it was working to ensure it had resolved the issue on its core API’s and exchange. • “We are continuing to deploy services on the backend to scale and bolster the exchange and want to take this time to make the exchange more robust,” said the exchange via a separate tweet. • Coinbase decided to list USDT on April 23, much to thesurprise of the crypto communitywho, at times, have questioned whether the stablecoin is fully backed by U.S. dollars. • Earlier in the month, Coinbase went public on the Nasdaq exchange through adirect listingunder the ticker $COIN. See also:A Bridge Called Tether • BitMEX Launches New Program to Reward Partners, Drive Platform Traffic • Asian Video Game Publisher Nexon Buys $100M in Bitcoin • US Officials Arrest Alleged Operator of $336M Bitcoin Mixing Service • Square Adds Bitcoin Policy Lead From US Chamber of Commerce... - Reddit Posts (Sample): [['u/Dj808', 'Got my Loan Liquidated Today: Blockfi sold my BTC collateral priced at $16,196.14 (while market price was well above $32k). Hello!?!', 81, '2021-05-24 00:21', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/', 'Price for Partial Collateral Sale: $30307.That price was never reached today and my loan was not even on default.\n\n...and BTW, before getting liquidated, I\'ve tried many times to make a deposit via ACH... but it never went through (error message: "try again later").\n\nGreat service!\n\n==================Update 5/24\n\nI\'m in touch with the support team.\n\nThey are listening, they are open to evaluate the situation, and they seem overall very helpful.\n\nThey are in the process of auditing my (and similar) situations. Of course now they are swamp with requests, so they asked me to have patience.I\'m fine with that.\n\nFor now, it seems like they withdrew twice the declared amount and that\'s why the price was 50% off ($16k instead of $32K).\n\nI still believe this liquidation was a glitch because my LTV was at 73% at the time of liquidation, and it never reached +80% (where they can sell your collateral).\n\nI\'ll keep you posted when I get a decision from them.\n\nFingers crossed.\n\n==============Update 5/27\n\nStill waiting for them to audit my situation...', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/', 'njivgt', [['u/geescars', 22, '2021-05-24 00:58', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz7p3jw/', 'Did you add collateral after you got margin called?', 'njivgt'], ['u/natacado', 35, '2021-05-24 01:04', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz7puzh/', 'Your assertion that Bitcoin never reached that price today is a bit flawed. There’s no one Bitcoin price at any point in time; different markets and exchanges will have different prices. For example, I managed to execute a limit buy for $29,450/BTC on another exchange Friday morning, but no chart I can find shows it actually going that low. BlockFi has a pretty wide spread and it wouldn’t surprise me if there was a moment with low demand that dropped the sale price enough. This is one of the risks of margin loans. \n\nYou’re absolutely right to complain about the inability to ACH deposit in time to prevent liquidation though.', 'njivgt'], ['u/Earth_to_Hondo_2161', 79, '2021-05-24 02:06', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz7wn28/', 'Sorry you lost your money bud, it’s terrible. However, once you get the email from blockfi warning you that you’re about to get margin called you only have about 24 hours to add funds. They make it very clear that the fastest way to add funds is to transfer more BTC to your account because it’s instant and then you’re out of danger. They say using ACH is NOT recommended because it’s too slow and can take a few days to show up in your account. By then it’s too late. You should read everything before you take out a loan so that you avoid putting yourself in this position. And if you read it and don’t understand it you can call them before you take out a loan so they can explain how it works. If you’re going to take out a loan against your BTC from any lender, you need to make sure you’re in the position to cover that loan 100% and that you have the BTC ready to go at a moment’s notice so that you don’t find yourself in this position. Sorry man, I feel for you.', 'njivgt'], ['u/NexxiumSpin', 19, '2021-05-24 03:15', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz83xo3/', 'Like I posted in another thread, this unfortunately highlights the final paragraph of Blockfi’s loan terms. \n\nThey reserve the right to liquidate you at **some** price given to them by an unnamed OTC desk. \n\n**BlockFi utilizes a variety of liquidity providers to execute these transactions in order to capture the best available price for our clients, which may vary from prices listed on public exchanges due to market conditions and volatility.**\n\nAka, Blockfi can and will liquidate you using shady low prices during a dip.', 'njivgt'], ['u/Habanos_ashe', 24, '2021-05-24 03:51', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz87ydb/', 'Wouldn’t depositing additional BTC be the fastest way to prevent this', 'njivgt'], ['u/InteractiveLedger', 19, '2021-05-24 04:28', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8bxxb/', 'I think you got liquidated somewhere in the ball park of 0.5 BTC which is valued at $16,196.14 ($32,392.28/BTC)', 'njivgt'], ['u/TheGr8CokeMan', 18, '2021-05-24 05:02', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8fdqs/', 'He did not.', 'njivgt'], ['u/cl3ft', 10, '2021-05-24 08:51', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8xq66/', 'What are you even on the BlockFi sub if your only Bitcoin utilisation plan is HoDL?', 'njivgt'], ['u/GoldPrize', 15, '2021-05-24 09:20', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8zmfu/', 'I love reading this sub:\n\n* lives off credit\n\n* something unexpected happens\n\nTHESE DAMN FINANCIAL INSTITUTIONS TAKING AWAY OUR HARD EARNED MONEY.', 'njivgt'], ['u/sk8ordont', 12, '2021-05-24 14:21', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz9k5b4/', 'Rules for borrowing:\n1) never post your entire stack as collateral\n2) Always have BTC on hand ready to use as additional collateral\n\nMy rule for number 1 above is 1/4. I will only post a quarter of my stack - so I can borrow 1/8th of my stack’s value', 'njivgt']]], ['u/BitToro', 'It hasn’t been that long, but I’ve already sold', 79, '2021-05-24 00:23', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/', '\n... all my Bitcoin, and put it straight into FEG! \n\nWho else has diamond hands and has been buying these dips?', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/', 'njiwui', [['u/BitToro', 10, '2021-05-24 02:03', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/gz7wc49/', 'Healthy pull back from the all time high in my opinion. Price is holding strong at the current level. I’m feeling good about this token.', 'njiwui'], ['u/TableLate8237', 22, '2021-05-24 02:09', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/gz7wxt2/', 'Had me in the first half not gonna lie 😂😂', 'njiwui'], ['u/ibadanman', 12, '2021-05-24 03:50', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/gz87umr/', '3-5 years to 100x?? Much, much sooner than that my fellow ape! If this bull-run continues like I think it will, I definitely see 100x, along with a ton of token burns, within a couple of months. Now, for a 1000x, that will require a Binance listing with tons of token burns. A ton of day-traders on Binance, and that will really help accelerate the FEG token burns.', 'njiwui']]], ['u/marco_de_yolo', 'Crypto Refugees and Silverbacks - The hate is not real, sack up and decide for yourself', 92, '2021-05-24 00:33', 'https://www.reddit.com/r/Wallstreetsilver/comments/njj3pw/crypto_refugees_and_silverbacks_the_hate_is_not/', "To start off I never understood the schism between the two communities, similar goals, different investment vehicles. One has been sound money forever, the other is incredibly new. I have owned both, and sold out at 57K BTC, moving into silver miners with that particular account. The cryptobugs were giving PMs abhorrent shit the entire way up, have fun staying poor etc. Now that BTC has fallen 50% cryptobugs are mad at us for saying we told you so for one day? I never planned on hodling BTC forever, at most a 10 year horizon because at its nature it is technology and technologies ALWAYS get replaced by newer, faster, better ones. PMs have never been replaced because they are NOT technology, they are required for many but have always been stores of value. \n\n\nI like to think I saw the pump and dump coming in BTC but maybe I just took profits on a 300% tech investment. PMs are different, they are forever. There is no risk of something replacing them as they are viscerally attached to our senses, our history, and geopolitical stage. But just know what you are investing in. I have no problem holding PMs through downturns, BTC on the other hand is simply so violent in its swings that in the back of my mind I do think I can trade it better than just hodling it. I think both have bright futures and respect the hodlers of both... but BTC is not going to displace the entire world financial system in one year, much less in a decade unless we start living in the Matrix. \n\n\nOne last point that I think is important is that blockchain... CAN BE BLOCKED! People are already talking about bloodcoins, coins made from unsustainable energy, etc. Wallets will be blocked, coins will be blocked. There is not much more if any freedom in transactions over PMs. PMs will always have a place in the financial system and look for it to grow in the coming years of inflation. In times of hyperinflation there is literally nowhere else for money to run, and in my estimation crypto will be treated as a tech investment. I get it, networks are fucking cool, but the entity itself - one BTC - is not. It is sunken energy, energy that cannot be put towards anything else, whereas above ground silver can be. \n\n\nI 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:** ['The new Bitcoin Mining Council has no intention of altering the cryptocurrency\x92s software and merely wants to promote sustainable energy practices and transparency in the industry, a founding member said. The council, spearheaded by Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor, will respect bitcoin\x92s fungibility , and does not advocate discrimination between so-called clean and dirty coins, said Peter Wall, CEO of Argo Blockchain. \x93We\x92re not talking about Bitcoin code or block size or anything related to changing the nature of Bitcoin,\x94 said Wall, whose publicly traded company was one of a handful of mining firms that met with Saylor and Musk over the weekend. \x93We all love Bitcoin the way it is, as a decentralized, permissionless system.\x94 Related: 3 Things You Need to Know About China’s Crypto Crackdown Further, \x93discussions with the group so far have been very clear that one 1 BTC is 1 BTC, and that the fungibility and essential properties of Bitcoin shouldn\x92t be changed,\x94 Wall said in an interview Monday evening. In the hours since Musk and Saylor revealed the meeting on Twitter Monday, hardened Bitcoin veterans have been comparing it to the controversial and ultimately unsuccessful New York Agreement of 2017. That closed-door gathering of startup executives was a major flashpoint in a highly acrimonious debate over how best to scale the Bitcoin network, and widely viewed as inimical to the currency\x92s ethos of leaderlessness. As then, many users are questioning how a small group of companies and two charismatic figureheads can profess to lead a global community where, by design, no one is in charge. \x93It\x92s extremely concerning that this group of bitcoiners wandered into this \x91meeting\x92 without any sense of self-awareness,\x94 wrote Marty Bent, co-founder of Great American Mining, in his newsletter Monday. \x94Do they not recall the last time there was a closed-door meeting that involved industry stakeholders who attempted to speak on behalf of an entire industry? How did they think this would turn out? The hubris is astounding.\x94 Story continues Related: Bitcoin Rises to Near $40K After Musk Tweets About BTC Mining’s ‘Promising’ Renewable Usage Wall said such concerns are unfounded in this case. \x93This isn\x92t the start of OPEC ,\x94 he quipped. \x93The group is a way to get together and discuss. We are all independent, decentralized miners who have formed a voluntary group to influence the industry and each other.\x94 The group is not exclusive, he added, though it is still working out mechanisms for other mining operations to join. \x93This is an international challenge for Bitcoin and needs to be addressed on an international level.\x94 Bitcoin goes ESG? The council\x92s formation also comes as public figures such as \x93Shark Tank\x94 star Kevin O\x92Leary are pushing the idea that bitcoins can be \x93clean\x94 or \x93dirty\x94 depending on how they are mined, and that green-minded institutional investors can, and should buy only the former. Throughout his conversation with CoinDesk, Wall said the council\x92s two goals were to promote disclosure of and improve energy practices. Beyond those broad objectives, the companies haven\x92t agreed on much else, he said. \x93What we do want to do is to make sure valid ESG concerns about people mining bitcoin with coal are being addressed,\x94 Wall said, referring to the shorthand for environmental, social and corporate governance. \x93At this point, It\x92s not going any further than that.\x94 When asked about the efficacy of carbon credits, he declined to speak on the council\x92s behalf. \x93We haven\x92t gone beyond the two things I\x92ve laid out, which is energy transparency and improving sustainable mining practices.\x94 Pressed on how promoting mining transparency squared with protecting fungibility, Wall said the council wasn\x92t considering labeling which coins were mined sustainably and which ones with coal-powered equipment. The information would begin and end on the company level, he said. \x93What we\x92re saying is we need to promote energy transparency around individual miners, not necessarily about coins that are coming out from individual miners,\x94 Wall said. The question is \x93what kind of energy mixes are individual miners, publicly traded miners, using, with the goal to then take that knowledge and encourage people to move more towards renewables.\x94 Besides Argo, the other miners in the group are Hut 8 , Galaxy Digital , Riot Blockchain, Marathon , Core Scientific, Hive Blockchain and Blockcap . Combined, they control less than 10% of the global computing power on the Bitcoin network, Coin Metrics co-founder and Castle Island Ventures partner Nic Carter estimated . Saylor, the MicroStrategy CEO who claims to have organized the group, is scheduled to speak at Consensus 2021 Tuesday afternoon. Related Stories Marty Bent: Bitcoiners Must Fight for Energy Narrative Compute North to Host Marathon\x92s 73K New Bitcoin Miners in Texas', 'The new Bitcoin Mining Council has no intention of altering the cryptocurrency’s software and merely wants to promote sustainable energy practices and transparency in the industry, a founding member said.\nThe council, spearheaded by Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor, will respect bitcoin’sfungibility, and does not advocate discrimination between so-called clean and dirty coins, said Peter Wall, CEO of Argo Blockchain.\n“We’re not talking about Bitcoin code or block size or anything related to changing the nature of Bitcoin,” said Wall, whose publicly traded company was one ofa handful of mining firmsthat met with Saylor and Musk over the weekend. “We all love Bitcoin the way it is, as a decentralized, permissionless system.”\nRelated:3 Things You Need to Know About China’s Crypto Crackdown\nFurther, “discussions with the group so far have been very clear that one 1BTCis 1 BTC, and that the fungibility and essential properties of Bitcoin shouldn’t be changed,” Wall said in an interview Monday evening.\nIn the hours sinceMuskandSaylorrevealed the meeting on Twitter Monday, hardened Bitcoin veterans have been comparing it to the controversial and ultimately unsuccessful New York Agreement of 2017. That closed-door gathering of startup executives was a major flashpoint in a highly acrimonious debate over how best to scale the Bitcoin network, and widely viewed as inimical to the currency’s ethos of leaderlessness.\nAs then, many users are questioning how a small group of companies and two charismatic figureheads can profess to lead a global community where, by design, no one is in charge.\n“It’s extremely concerning that this group of bitcoiners wandered into this ‘meeting’ without any sense of self-awareness,” wrote Marty Bent, co-founder of Great American Mining, in hisnewsletterMonday. ”Do they not recall the last time there was a closed-door meeting that involved industry stakeholders who attempted to speak on behalf of an entire industry? How did they think this would turn out? The hubris is astounding.”\nRelated:Bitcoin Rises to Near $40K After Musk Tweets About BTC Mining’s ‘Promising’ Renewable Usage\nWall said such concerns are unfounded in this case.\n“This isn’t the start ofOPEC,” he quipped. “The group is a way to get together and discuss. We are all independent, decentralized miners who have formed a voluntary group to influence the industry and each other.”\nThe group is not exclusive, he added, though it is still working out mechanisms for other mining operations to join. “This is an international challenge for Bitcoin and needs to be addressed on an international level.”\nBitcoin goes ESG?\nThe council’s formation also comes as public figures such as “Shark Tank” star Kevin O’Leary arepushing the ideathat bitcoins can be “clean” or “dirty” depending on how they are mined, and that green-minded institutional investors can, and should buy only the former.\nThroughout his conversation with CoinDesk, Wall said the council’s two goals were to promote disclosure of and improve energy practices. Beyond those broad objectives, the companies haven’t agreed on much else, he said.\n“What we do want to do is to make sure valid ESG concerns about people mining bitcoin with coal are being addressed,” Wall said, referring to the shorthand for environmental, social and corporate governance. “At this point, It’s not going any further than that.”\nWhen asked about the efficacy of carbon credits, he declined to speak on the council’s behalf. “We haven’t gone beyond the two things I’ve laid out, which is energy transparency and improving sustainable mining practices.”\nPressed on how promoting mining transparency squared with protecting fungibility, Wall said the council wasn’t considering labeling which coins were mined sustainably and which ones with coal-powered equipment. The information would begin and end on the company level, he said.\n“What we’re saying is we need to promote energy transparency around individual miners, not necessarily about coins that are coming out from individual miners,” Wall said. The question is “what kind of energy mixes are individual miners, publicly traded miners, using, with the goal to then take that knowledge and encourage people to move more towards renewables.”\nBesides Argo, the other miners in the group areHut 8,Galaxy Digital, Riot Blockchain,Marathon, Core Scientific, Hive Blockchain andBlockcap. Combined, they control less than 10% of the global computing power on the Bitcoin network, Coin Metrics co-founder and Castle Island Ventures partner Nic Carterestimated.\nSaylor, the MicroStrategy CEO who claims to have organized the group, is scheduled to speak atConsensus 2021Tuesday afternoon.\n• Marty Bent: Bitcoiners Must Fight for Energy Narrative\n• Compute North to Host Marathon’s 73K New Bitcoin Miners in Texas', 'The new Bitcoin Mining Cou **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: 2021-05-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $714,244,840,734 - Hash Rate: 153143321.1195184 - Transaction Count: 233644.0 - Unique Addresses: 640506.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – May 12, 2021 – 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: Zscaler Inc. ZS, Fortinet Inc. FTNT and Qualys, Inc. QLYS. The recent ransomware attack on Colonial Pipeline Co. has resurfaced the rising threat that cyber crime poses worldwide. This followed the December 2020 hacking incident at SolarWinds supply chain. Although heavy reliance on technology by business as well as individuals drove operational efficiency and eased our lives, the same increased vulnerability to cyber offences This simply underlines the fact that the frequent use of technology is directly proportional to the possibilities of cybercrime. Therefore, the more technology will be leveraged, higher will be the chances of virtual breaches. Notably, the COVID-19 pandemic further fuelled the incidence of cyber onslaughts as businesses of all sizes are transitioning their operations to various online platforms. Now from working to spending, education to entertainment, and even healthcare and much more went virtual causing high technology percolation in everyday lives. This puts not only businesses but also schools, hospitals and other organizations at the receiving end of online assaults. While public institutions and large companies have always been the target of hackers, now smaller organizations with lower security standards are reaching their radar. Further, the advent of 5G will enable other devices to connect to the Internet, thereby expanding the scope for Iot and AI. While AI and IoT will simplify things, it will also aggravate the rate of cyber crime with accessibility of wider options as more and more activity becomes technology reliant. Cybersecurity Ventures expects global cybercrime costs to grow 15% per year over the next five years, reaching $10.5 trillion, annually, by 2025, up from $3 trillion in 2015. The United States is already hard-hit by cyber violations. In 2018, an FBI agent said that every American citizen should expect that all their data (personally identifiable information) is stolen and is on the dark web. Research firm Gartner forecasts that the corporate computer security market will grow more than 10%, on average, annually through 2024, outpacing the 3% growth rate of spending in the information technology department. Thus, demand for cyber security-related services and products is bound to shoot up. Companies providing these solutions are therefore good enough to be retained for your investment portfolio. Each of the below-mentioned stocks currently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zscaleroffers a full range of enterprise network security services. COVID-19 buoyed demand for the company’s products and services. Growing adoption of Software-Defined Wide Area Network (SD-WAN) solutions could be a key driver for Zscaler over the long run as it is one of the few vendors that offers this solution. Its acquisitions of Edgewise and the cloud security posture management named Cloudneeti bode well for the long haul.Zscaler’s inherent strength reflected by a strong balance sheet with ample liquidity position and less debt obligations will help it achieve long-term growth. The company is recognized as the only Leader in the Gartner Magic Quadrant for Secure Web Gateways (December 2020). Fortinetsolutions provide multiple levels of security protection. Demand for the company’s products, such as firewall, virtual private networking (VPN), antivirus, intrusion prevention (IP), web filtering, anti-spam and wide area network (WAN) acceleration gained momentum in the pandemic era. Per IDC, in terms of revenues, Fortinet ranks third in Unified Threat Management and is one of the fastest growing segments in Network Security. The company’s focus on enhancing its UTM portfolio will increase its market share and maintain its leadership position. Also the growing uptake of Software-Defined Wide Area Network (SD-WAN) solutions could be a key catalyst for Fortinet in the long run. The buyouts of AccelOps, Meru Networks, Coyote Point, XDN, ZoneFox and Bradford Networks will drive long-term growth. Fortinet’s huge customer base of more than 450,000 helps it upsell products within its installed user base. It is currently focusing on selling more subscription-based services, which will generate stable revenues and boost its margins as well. Its strong balance sheet with ample liquidity position and no debt obligations is very impressive, which in turn, will support business growth. Qualysis an industry leaders in the field of Vulnerability Management (VM), one of the key strategies applied to protect businesses from cyber intrusions. The company’s revenue growth is not as encouraging as its peers, which is one of the primary reasons for investors’ indifference toward its stock. Its weak guidance for 2021 also makes investors wary. But we believe, the company’s divergence outside the VM domain into areas like Security Analytics and Orchestration (SOAR), Endpoint Security, IT Asset Management, Compliance and Web Application Security should hold great prospects. Apart from enhancing its product and service portfolio, and diversifying revenues, the aforementioned strategy will provide the company with cross-selling and up-selling opportunities. Without any doubt, the cybersecurity industry shows a sharp uptrend. Riding this wave will therefore fetch strong returns for your investment portfolio. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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/performance for 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 reportQualys, Inc. (QLYS) : Free Stock Analysis ReportZscaler, Inc. (ZS) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - Reddit Posts (Sample): [['u/___v0id___', 'My Coin crashed 70%, I’ll just wait for it to recover… or should I buy again lower?', 23, '2021-05-25 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/', 'If you believe in your coin, look at the math:\n\nYou buy $100 of your coin at $1.00. It’s at $1. Likely it’ll dip because you’ve bought, they always do, but with any luck, market is good and it’ll go up\n\nBTC crash wipes the market…\n\nYour coin is now worth $0.30\n\nIf you believe in that coin and put $100 in now, if (strong if!) it goes back to $1.00 again, where you were originally happy to invest, you’re already over 3x in profit from the second investment.\n\n70% down = 333% up\n\nSame applies to any coin you didn’t invest in… other numbers/percentages apply\n\nIt can feel stupid but don’t under-estimate dip-buying', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/', 'nk9pmj', [['u/PapaLongD0ng', 11, '2021-05-25 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/gzbntwv/', 'Dip is not over, we’re still off like 30-40% from previous aths.', 'nk9pmj'], ['u/GrizzledVet101', 20, '2021-05-25 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/gzbokj7/', 'I\'m not buying into this "recovery". It won\'t be hard for the big money to crash it yet again. I have a feeling this week will be another rough one. That bounce was way too fast.', 'nk9pmj'], ['u/MrFuqnNice', 11, '2021-05-25 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/gzbqmds/', 'Crypto is so much easier to manipulate compared to stocks, so crashes (money grabbing) are going to happen all the time now.', 'nk9pmj']]], ['u/tossmyrock', 'Dear "Green Mining Council", Last time someone tried to make a "better" bitcoin was Bitcoin Cash. Go fork yourself and see what happens. No centralized mining regulation. home miners forever. open pools forever. no "green mining certified tax". no Rabbi blessing fees for Kosher mining.', 237, '2021-05-25 00:28', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/', 'Dear "Green Mining Council", Last time someone tried to make a "better" bitcoin was Bitcoin Cash. Go fork yourself and see what happens. No centralized mining regulation. home miners forever. open pools forever. no "green mining certified tax". no Rabbi blessing fees for Kosher mining.', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/', 'nka74j', [['u/Apprehensive_Total28', 57, '2021-05-25 00:36', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzbrbno/', 'And so starts the second BTC civil war', 'nka74j'], ['u/pappapetes', 13, '2021-05-25 01:20', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzbwglz/', 'Aren’t they just compiling transparent and accurate stats of their overall and renewable energy use? \n\nIt’s a PR stunt, I haven’t heard anything about regulation or forks. Try taking your tinfoil hat off every once in awhile', 'nka74j'], ['u/tossmyrock', 16, '2021-05-25 01:23', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzbwt06/', 'now.\n\nthen they will start doing the "we wont allow miners who arent ceritified? then states will come in with "no mining at home" rules. or there will be taxes if you don’t certify and certification will cost $5000 per mining setup putting home miners and mining pools out of business.\n\nthen pools wont allow you to connect and ruin their "green rating" umless you personally sign up with your green certification. \nthis is how it starts.\n\nGo look at the "Blood diamond" scam DeBeers created to stop small diamond mines from undercutting their monopoly prices.', 'nka74j'], ['u/100_Jose_Maria_001', 16, '2021-05-25 04:29', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzci6ix/', 'Yep, pretty much. This is mildly terrifying tbh.', 'nka74j']]], ['u/redditb212', 'Why is it so bad that Elon and Saylor are talking with miners about clean energy?', 280, '2021-05-25 00:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/', 'Why are people busting out about the fact Elon and Saylor are talking with minders about reporting their energy mix? \n\nThis can only be good for reporting North America’s Bitcoin mining footprint? \n\nAnd about “centralizing miners”, only large huge miners have a chance at getting a block so it’s already conglomerates mining. How decentralized is mining really? That can’t be the reason. Thoughts?', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/', 'nka939', [['u/TomokoSlankard', 28, '2021-05-25 00:34', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbqzqh/', 'They been here for all of 5 minutes. Now these morons are going to be leading the development of crypto?', 'nka939'], ['u/Evening-Gap2147', 186, '2021-05-25 01:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbu95f/', "Elon buys bitcoin, tesla buys bitcoin, tesla accepts bitcoin, then announces he is selling bitcoin simply because of the energy usage and tesla will no longer accept bitcoin for purchasing a tesla.\n\nDo you really think Elon didn't know about the energy problem? Do you really think Elon putting people on Mars is environmentally friendly?\n\nHe is simply manipulating the crypto market for his and only his benefit in mind\n\nEdit for spelling errors", 'nka939'], ['u/au_bits', 20, '2021-05-25 01:16', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbvwoy/', 'The risk is, if they collude behind closed doors then miners could theoretically censor transactions and change protocols which would have the effect of suppressing the free and open market that we currently enjoy. I think Michael Saylor is a straight shooter. Not so sure about Elon.', 'nka939'], ['u/cjwin1977', 408, '2021-05-25 01:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbypgp/', 'There should be no councils in Bitcoin. Assume any organization, council, group, corporation or board will eventually be corrupted.', 'nka939'], ['u/Void_D_Dragon', 11, '2021-05-25 02:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc18xd/', 'I don’t have a problem with the meeting about clean energy, I in fact think it’s a great idea. It will remove one big tool Bitcoin FUDders use. I have a problem with market manipulation. He is not stupid and knows what he says affects the market significantly. I hope that what he says stops affecting the market as it does now.', 'nka939'], ['u/UltraSurvivalist', 43, '2021-05-25 02:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc1dsj/', "Musk is not interested in clean energy. The proof of work system is the same today as it was when he sounded the trumpets about Tesla's Bitcoin purchase. \nThe only thing Musk is interested in, is being called the smartest man in the world.", 'nka939'], ['u/777CA', 12, '2021-05-25 02:13', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc2hgf/', 'Did he say he was selling though? I thought he reiterated that he was not selling hit Bitcoin.\n\nAnd as to Mars, I think that’s pretty awesome. But that’s an aside.', 'nka939'], ['u/Evening-Gap2147', 18, '2021-05-25 02:20', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc3bwm/', ">Did he say he was selling though? I thought he reiterated that he was not selling hit Bitcoin.\n\n>And as to Mars, I think that’s pretty awesome. But that’s an aside.\n\nYou can't believe or take a face value what Elon says.\n\nAs far as Mars is concerned he should go that alone with no taxpayer monies.\n\nIn fact without taxpayer monies tesla wouldn't even exist", 'nka939'], ['u/redditb212', 143, '2021-05-25 02:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc406u/', 'Ok, this honestly makes the most sense.', 'nka939'], ['u/[deleted]', 43, '2021-05-25 02:46', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc6fe3/', 'I think he is doing it for fun, ego or power tripping.\n\nMaybe someone is influencing his opinions behind the scenes. Who knows who he keeps in his inner circle, Azealia Banks was surprising enough.', 'nka939'], ['u/[deleted]', 14, '2021-05-25 02:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc799c/', 'when you are that rich money no longer matters, power is the new currency', 'nka939'], ['u/Evening-Gap2147', 10, '2021-05-25 02:56', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc7log/', ">when you are that rich money no longer matters, power is the new currency\n\nOh but if they aren't #1 it matters to them.", 'nka939'], ['u/FrontHandNerd', 18, '2021-05-25 03:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzcakg8/', 'My .02 is it’s gives off the feeling of centralization. 2 corporate heads buy a ton of Bitcoin and now get to head up groups and decide things behind closed d... 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:** ['VICTORIA, Seychelles, May 25, 2021 (GLOBE NEWSWIRE) -- Enecuum Network Ltd has proudly announced the launching of blockchain protocol for decentralized Web3 applications. The protocol is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake. Meanwhile, the proof-of-activity is very energy efficient and it is possible to run the node even on smartphone without worrying about battery consumption. Could Proof-of-Activity Solve Blockchain\'s Energy Problem? Elon Musk\'s recent criticism of Bitcoin\'s excessive energy consumption caught many by surprise. After all, hadn\'t the Tesla boss added $1.5 billion worth of BTC to the company\'s balance sheet back in February? And hadn\'t the company rolled out support for the asset a month later, with the world\'s media excitedly reporting that crypto could be exchanged for an electric vehicle? As it turns out, the volatility of the market is nothing compared to the volatility of Musk\'s mood. In a May 12 tweet , the PayPal cofounder suspended vehicle purchases using Bitcoin citing concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal". While reiterating his belief that cryptocurrency has a promising future, Musk burnished his green credentials by saying this could not come "at great cost to the environment." Tesla would, he claimed, use bitcoin for transactions as soon as mining transitions to more sustainable energy. Needless to say, the comments have reignited a long-raging debate about the environmental impact of not only Bitcoin but cryptocurrencies in general. Does the use of fossil fuels in mining operations detract from an asset\'s decentralized credentials? Is Bitcoin\'s energy-intensive proof-of-work consensus a tremendous waste of energy or a worthwhile tradeoff? Is Hybrid Consensus the Answer? Proof-of-work is the algorithm favored not only by Bitcoin but number-two network Ethereum, and its implementation sees miners rewarded in crypto every time they solve a complex computation. Story continues The conversion of energy into hashes via proof-of-work solves the double spending problem but has also put Bitcoin (and to a lesser extent Ethereum) in the cross-hairs of environmental activists. While Bitcoin is locked into PoW, Ethereum\'s transition to proof-of-stake via its much-vaunted 2.0 upgrade will, according to its Foundation , reduce its power consumption by over 99%, making it around 7,000% more energy-efficient than Bitcoin. About Enecuum Proof-of-stake isn\'t the only environmentally-friendly alternative. Proof-of-activity is another. The PoA algorithm used by the Enecuum blockchain involves a collective of \'publishers\' who verify microblocks by reaching a consensus. Importantly, PoA is far less intensive when it comes to the utilization of storage and communications resources: unlike PoW, everyday mobile devices are perfectly capable of running a PoA node. The minimum requirements are Android 5.0, 1GHz CPU and 1Gb RAM. Enecuum\'s blockchain protocol for decentralized Web3 applications is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake, with the former taking the lion\'s share of responsibility for confirming transactions. Currently, there are 1,788 PoA nodes compared to 3 PoW and 23 PoS, spread across 22,803 accounts. As with Bitcoin, the nodes are scattered far and wide: Europe, North America, Australia, Africa, South America. Uniquely, transactions can be confirmed from virtually any device connected to the network, making the blockchain highly eco-friendly and attack-resistant. Enecuum taps into the largely under-utilized computational power of smartphones around the globe to facilitate the validation process and decentralize storage; the more devices connect, the higher the network speed. With its hybrid consensus, smartphones power the network by executing proof-of-stake mining as part of a PoA paradigm. The involvement of proof-of-work, meanwhile, is minimal and mainly concerns the generation of blocks to obtain rewards for computational expense. While 65% of the ENQ emission is intended for PoA mining, 25% is ring-fenced for PoS and just 10% goes to PoW. A research paper published last year noted that a PoW approach could be "potentially harmful to autonomous devices due to natural battery limitations," but the use of "resource-constrained nodes" in PoA would have an impact similar to that of a common messenger application. The researchers, from Finland\'s Tampere University, Moscow\'s National Research University, and the St Petersburg ITMO University, assessed the energy consumption of PoA-based applications using various metrics including battery output voltage and battery temperature. The team\'s conclusion was that the "utilization of PoA systems on a smartphone does not significantly affect the lifetime of the smartphone battery while existing methods based on PoW have a tremendous negative impact." Like Bitcoin, Enecuum wants to bring blockchain and cryptocurrencies to the mainstream. But as this paper demonstrates, our energy credentials are such that we can keep the eco-warriors onside at the same time. Incentivizing millions of smartphone users to plug into the network and share their untapped processing activity \x96 and compelling dApp developers to create fast, low-cost applications on the Enecuum blockchain \x96 creates an energy-efficient network that is truly global in scope. Debates around crypto\'s energy consumption are likely to rage for many years, and no doubt Musk will pipe up periodically to offer his opinion. In the meantime, Enecuum is busy spreading the word about the Trinity Algorithm , a game-changer that promises to repair crypto\'s environmental reputation once and for all. Social Links https://twitter.com/ENQ_enecuum https://t.me/Enecuum_EN https://t.me/ENQbeam Media Contact Company: Enecuum Network Ltd Contact: Mikhail Sayfullin E-mail: [email protected] Website: https://enecuum.com/ SOURCE: Enecuum Network Ltd', 'VICTORIA, Seychelles, May 25, 2021 (GLOBE NEWSWIRE) -- Enecuum Network Ltd has proudly announced the launching of blockchain protocol for decentralized Web3 applications. The protocol is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake. Meanwhile, the proof-of-activity is very energy efficient and it is possible to run the node even on smartphone without worrying about battery consumption. Could Proof-of-Activity Solve Blockchain\'s Energy Problem? Elon Musk\'s recent criticism of Bitcoin\'s excessive energy consumption caught many by surprise. After all, hadn\'t the Tesla boss added $1.5 billion worth of BTC to the company\'s balance sheet back in February? And hadn\'t the company rolled out support for the asset a month later, with the world\'s media excitedly reporting that crypto could be exchanged for an electric vehicle? As it turns out, the volatility of the market is nothing compared to the volatility of Musk\'s mood. In a May 12 tweet , the PayPal cofounder suspended vehicle purchases using Bitcoin citing concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal". While reiterating his belief that cryptocurrency has a promising future, Musk burnished his green credentials by saying this could not come "at great cost to the environment." Tesla would, he claimed, use bitcoin for transactions as soon as mining transitions to more sustainable energy. Needless to say, the comments have reignited a long-raging debate about the environmental impact of not only Bitcoin but cryptocurrencies in general. Does the use of fossil fuels in mining operations detract from an asset\'s decentralized credentials? Is Bitcoin\'s energy-intensive proof-of-work consensus a tremendous waste of energy or a worthwhile tradeoff? Is Hybrid Consensus the Answer? Proof-of-work is the algorithm favored not only by Bitcoin but number-two network Ethereum, and its implementation sees miners rewarded in crypto every time they solve a complex computation. Story continues The conversion of energy into hashes via proof-of-work solves the double spending problem but has also put Bitcoin (and to a lesser extent Ethereum) in the cross-hairs of environmental activists. While Bitcoin is locked into PoW, Ethereum\'s transition to proof-of-stake via its much-vaunted 2.0 upgrade will, according to its Foundation , reduce its power consumption by over 99%, making it around 7,000% more energy-efficient than Bitcoin. About Enecuum Proof-of-stake isn\'t the only environmentally-friendly alternative. Proof-of-activity is another. The PoA algorithm used by the Enecuum blockchain involves a collective of \'publishers\' who verify microblocks by reaching a consensus. Importantly, PoA is far less intensive when it comes to the utilization of storage and communications resources: unlike PoW, everyday mobile devices are perfectly capable of running a PoA node. The minimum requirements are Android 5.0, 1GHz CPU and 1Gb RAM. Enecuum\'s blockchain protocol for decentralized Web3 applications is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake, with the former taking the lion\'s share of responsibility for confirming transactions. Currently, there are 1,788 PoA nodes compared to 3 PoW and 23 PoS, spread across 22,803 accounts. As with Bitcoin, the nodes are scattered far and wide: Europe, North America, Australia, Africa, South America. Uniquely, transactions can be confirmed from virtually any device connected to the network, making the blockchain highly eco-friendly and attack-resistant. Enecuum taps into the largely under-utilized computational power of smartphones around the globe to facilitate the validation process and decentralize storage; the more devices connect, the higher the network speed. With its hybrid consensus, smartphones power the network by executing proof-of-stake mining as p **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: 2021-05-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,811,138,516 - Hash Rate: 151898253.46814018 - Transaction Count: 230753.0 - Unique Addresses: 641585.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bear a thought for the small smartphone. We (well, I) complain that phones have gotten too big, and then we (well, I) find ourselves reaching for the iPhone 12 Pro Max instead of the iPhone 12 mini. Apple’s petite iteration was introduced only last year, but it’s possiblynot long for this world. On the Android side, it’s slim pickings, too. Sony’s Xperia compact phones seemed to be your only option, and that series hasn’t been treated to an update in a while. So here comes a new challenger,ASUS’ Zenfone 8, hoping to fulfill the promise of a powerful smartphone that fits into your jeans’ pocket. Beside a small (for 2021) 5.9-inch screen, the new phone packs a 64-megapixel camera and a 4,000mAh battery. While the Zenfone 8 will eventually hit US shores, we don’t have an exact price. In Europe, the Zenfone 8 will start from €599 (about $725) — a suitably low price tag. But will people go for it?— Mat Smith For about six weeks, you could pay Tesla for your new car using Bitcoin, but for the moment that’s over. Last night, Elon Musk announced the change on Twitter, posting a Tesla statement that the company is “concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Since the news broke, the price of Bitcoin dropped from about $54,000 to as low as $46,000. It’s unclear why that concern bubbled up now when the energy use of Bitcoin mining was already widely known long before Tesla announced its plan, and before it invested $1.5 billion in the cryptocurrency. Without specifying a particular cryptocurrency, the company is looking at other options it says use less than one percent of Bitcoin's energy per transaction, likely by using proof of stake blockchain technology instead of proof of work. This would rule outDogecoin, but it's unclear if this policy will impactSpaceX's crypto plans.Continue reading. Amazon haswon an EU appealafter being hit with a €250 million ($303 million)tax billby the European Commission (EC) in 2017. From 2006 to 2014, Amazon paid a significant royalty to a Luxembourg company called Amazon Europe Holding Technologies SAS, reducing its taxable income. The commission accused it of inflating that royalty to reduce its operating profit. (Amazon has since changed its tax structure.) Amazon argued the decision was full of "methodological errors" and the payments were legal according to international tax principles. Europe's second-highest court agreed, ruling that the setup didn't confer any advantage to Amazon over other companies and "the contested decision must be annulled in its entirety." The EC hasn’t commented on whether it’ll appeal this decision.Continue reading. Push that PS5 into the trash can because the heady world of mathematics is headed to the Nintendo Switch. This $10 app, available at Nintendo’s eShop, offers full scientific calculator functionality that you probably already have on your smartphone.Continue reading. By the time Sony’s first 360 Reality Audio speakers were available to the masses, it had been over two years since the company first introduced the platform. While there are third-party speakers compatible with this audio format, we’ve had to wait until now for Sony to launch its own. According to Billy Steele, with the SRS-RA5000, the company has a powerful and pricey unit that does a solid job with 360 Reality Audio while also upgrading regular content to sound more immersive.Continue reading. Across the East Coast, drivers worried about a fuel shortage as a major oil pipeline shut down last week when its billing system fell victim to a ransomware attack. Colonial Pipelineannounced it resumed operations on Wednesday evening, around the same time President Biden signed anexecutive orderaimed at preventing future incidents like that, or the SolarWinds hack, or the recent Exchange server takeovers. The steps it lays out are supposed to improve information sharing between agencies, set policies to protect federal networks and improve the response to breaches by creating a standardized "playbook" that the director of CISA will review. Another element includes directing NIST to create an Energy Star-like label for Internet of Things devices, except instead of telling you how much electricity your dishwasher uses, it would focus on security practices.Continue reading. The best games for Xbox in 2021 Intel says it has solved a key bottleneck in quantum computing TCL's $1,600 85-inch 4K TV is now available Instagram lets users add pronouns to their profile Engadget Deals: Nintendo's Switch Pro Controller drops back down to $59 at Amazon 'Fall Guys' cross-play features arrive today Amazon's new Echo Show 8 has a camera that can track you around a room Biden administration approves first large offshore wind power farm in the US 'Battlefield 6' will be available for last-gen game consoles Sonos Arc update adds Dolby Atmos height channel volume adjustment... - 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:** ['China’s nationwide crackdown on crypto mining could create a competitive environment in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry.\n“Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed miners will be able to carry out such a plan.”\nLocal authorities in major Chinese mining hubs have started banishing crypto mining businesses since last Friday’scrackdown noticefrom the State Council. With little idle capacity in overseas hosting sites, some miners plan to go underground and continue to operate in other parts of the country, which might be only feasible for some of the biggest miners.\nRelated:Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report\nIf mining power is too centralized, a few miners could manipulate the market by controlling the supply ofbitcoin, or rewrite transactions on the immutable distributed ledger in the bitcoin network and shut out smaller miners with over 50% of the network’s mining power.\nXinjiang, Sichuan and Inner Mongolia have been popular regions for Chinese miners due to their cheap electricity. While the miners run their mining machines with hydropower in Sichuan during the rainy season in the summer, they migrate to the other two regions that chiefly have coal in the winter.\nIt is likely that miners will move from these mining hubs in western China to the east, where they can put the mining machines into factories, said Zheng, who was an early investor in bitcoin mining in China. The miners could also send a few mining machines to each household in the countryside, he said.\nWhile the crackdown will be focused on mining hubs, it might be harder to implement if mining sites are in multiple discreet locations across the country, according to Zheng.\nRelated:Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading\nThe electricity cost will certainly rise, but the factories and individual households could easily get millions of mining machines up and running again, Zheng said.\nChinese mining firms have also been trying to find overseas hosting sites since the crackdown.\nBut major global mining hubs such as Kazakhstan and Russia have little to no idle capacity to support new machines. Mining farms in North America are expanding their operations but that will take a long time to reach sufficient capacity to host the majority of Chinese miners’ mining machines, according to Ethan Vera, chief operating officer at Luxor.\n“It is impossible to move all of the mining machines in China abroad,” Zheng said. “Miners have to figure out a way to keep the machines running.”\n• DeFi ‘Raises Challenges’ for Investors, Regulators, SEC’s Gensler Says\n• Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam', 'China’s nationwide crackdown on crypto mining could create a competitive environment in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry. “Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed miners will be able to carry out such a plan.” Local authorities in major Chinese mining hubs have started banishing crypto mining businesses since last Friday’s crackdown notice from the State Council. With little idle capacity in overseas hosting sites, some miners plan to go underground and continue to operate in other parts of the country, which might be only feasible for some of the biggest miners. Related: Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report If mining power is too centralized, a few miners could manipulate the market by controlling the supply of bitcoin , or rewrite transactions on the immutable distributed ledger in the bitcoin network and shut out smaller miners with over 50% of the network’s mining power. Xinjiang, Sichuan and Inner Mongolia have been popular regions for Chinese miners due to their cheap electricity. While the miners run their mining machines with hydropower in Sichuan during the rainy season in the summer, they migrate to the other two regions that chiefly have coal in the winter. It is likely that miners will move from these mining hubs in western China to the east, where they can put the mining machines into factories, said Zheng, who was an early investor in bitcoin mining in China. The miners could also send a few mining machines to each household in the countryside, he said. While the crackdown will be focused on mining hubs, it might be harder to implement if mining sites are in multiple discreet locations across the country, according to Zheng. Story continues Related: Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading The electricity cost will certainly rise, but the factories and individual households could easily get millions of mining machines up and running again, Zheng said. Chinese mining firms have also been trying to find overseas hosting sites since the crackdown. But major global mining hubs such as Kazakhstan and Russia have little to no idle capacity to support new machines. Mining farms in North America are expanding their operations but that will take a long time to reach sufficient capacity to host the majority of Chinese miners’ mining machines, according to Ethan Vera, chief operating officer at Luxor. “It is impossible to move all of the mining machines in China abroad,” Zheng said. “Miners have to figure out a way to keep the machines running.” Related Stories DeFi ‘Raises Challenges’ for Investors, Regulators, SEC’s Gensler Says Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam', 'China’s nationwide crackdown on crypto mining could create a competitive environment in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry.\n“Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed miners will be able to carry out such a plan.”\nLocal authorities in major Chinese mining hubs have started banishing crypto mining businesses since last Friday’scrackdown noticefrom the State Council. With little idle capacity in overseas hosting sites, some miners plan to go underground and continue to operate in other parts of the country, which might be only feasible for some of the biggest miners.\nRelated:Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report\nIf mining power is too centralized, a few miners could manipulate the market by controlling the supply ofbitcoin, or rewrite transactions on the immutable distributed ledger in the bitcoin network and shut out smaller miners with over 50% of the network’s mining power.\nXinjiang, Sichuan and Inner Mongolia have been popular regions for Chinese miners due to their cheap electricity. While the miners run their mining machines with hydropower in Sichuan during the rainy season in the summer, they migrate to the other two regions that chiefly have coal in the winter.\nIt is likely that miners will move from these mining hubs in western China to the east, where they can put the mining machines into factories, said Zheng, who was an early investor in bitcoin mining in China. The miners could also send a few mining machines to each household in the countryside, he said.\nWhile the crackdown will be focused on mining hubs, it might be harder to implement if mining sites are in multiple discreet locations across the country, according to Zheng.\nRelated:Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading\nThe electricity cost will certainly rise, but the factories and individual households could easily get millions of mining machines up and running again, Zheng said.\nChinese mining firms have also been trying to find overseas hosting sites since the crackdown.\nBut major global mining hubs such as Kazakhstan and Russia have little to no idle capacity to support new machines. Mining farms in North America are expanding their operations but that will take a long time to reach sufficient capacity to host the majority of Chinese miners’ mining machines, according to Ethan Vera, chief operating officer at Luxor.\n“It is impossible to move all of the mining machines in China abroad,” Zheng said. “Miners have to figure out a way to keep the machines running.”\n• DeFi ‘Raises Challenges’ for Investors, Regulators, SEC’s Gensler Says\n• Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam', 'SINGAPORE (Reuters) -Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to hopes that the asset class can claw its way back from last week\'s plunge. Bitcoin dropped 4% in Asia to about $37,600 and the next biggest crypto token, ether, was down 7.5% at $2,676 - leaving both well above deep week-ago troughs but miles shy of the record highs they scaled in April. Some analysts said the falls felt relatively modest compared with recent volatility and pointed to a market finding a floor, though it is clear regulatory attention and wavering enthusiasm from Tesla boss Elon Musk are going to remain major risks. "The big cleanout has probably occurred," said IG Markets analyst Kyle Rodda, as trade had calmed down somewhat. "People lose patience and bail along the way, but ... it looks like its starting to form a bit of a bottom here," he said. "I\'m s **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: 2021-05-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $707,854,209,912 - Hash Rate: 145672915.21124923 - Transaction Count: 214035.0 - Unique Addresses: 602300.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: World-famous boxer Floyd Mayweather will release his blockchain non-fungible tokens (NFTs) later this month. What Happened:Mayweather isreleasing his NFTson May 26, partnering with digital asset companies IronBend, Reality Gaming Group, and Zytara Labs. The tokens will be released ahead of Mayweather's fight with YouTuber-turned-boxer Logan Paul on June 6. Mayweather's NFTs will feature animations, artwork, and memorabilia involving his life and career, as well as memorabilia from his personal keepsakes. It will be a collection of 5 NFTs as well as a rare one-of-a-kind token. Why It Matters:Mayweather is not new to the cryptocurrency space, considering that he promoted numerous initial coin offerings (the crypto equivalent of an IPO) during their highest craze in 2017. Multiple people involved in the offerings promoted by him were indicted and evensentenced to years in prisonfor their fraudulent schemes. See also:Best NFT Related Stocks NFTs are different from most tokens orBitcoin(CRYPTO: BTC) because there are no two that are the same, making them a great way to ensure scarcity of digital collectibles or digitized representations of physical goods. Image: rcelis via WikiCommons See more from Benzinga • Click here for options trades from Benzinga • New Doge? Shiba Inu's (SHIB) Price Grows By 150% As Major Crypto Exchanges List It • Why Ethereum Is Breaking Records © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Dumputer', "The rich will lose trillions in the MOASS. Selling you crypto is how they'll get it back (plus, a plea to Gamestop)", 49, '2021-05-27 00:22', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/', ' \n\n​\n\n[ The guy who sells you Shitcoins. Notice he’s running away with a bag of $USD](https://preview.redd.it/z00prukobj171.png?width=681&format=png&auto=webp&s=fd5ed89a16f1e7eede1635663dd405f042a65e92)\n\n**XXX GME 💎🙌🦍here**. I am probably going to get downvoted to hell for this (by shills and apes who don’t understand why PoW crypto is no bueno, and don\'t care to learn), but I’m making this post out of moral obligation.\n\n**GAMESTOP: If you are reading this: Building on E\\*\\*\\*\\*\\*\\*m is a big mistake. With catastrophic climate change looming, you’ll be placing yourself on the wrong side of history. Shortsellers can now recruit legions of well-meaning progressives to “cancel” you, and rightfully so, because there is** [**no credible argument**](https://dumputer.medium.com/if-you-care-about-climate-change-avoid-bitcoin-ethereum-and-doge-like-the-plague-bfd84ca6c5fa#196c) **against** [**E\\*\\*\\*\\*\\*\\*m’s climate impact**](https://digiconomist.net/ethereum-energy-consumption/)**. Now is not the time to be diving headfirst into controversial topics. For the love of God, at least build on something else that does not use proof-of-work: Card@no, T3zos, Fl0w, R1pple, anything but E\\*\\*\\*\\*\\*\\*m. Use a “clean” NFT platform and you can be the hero instead of the villain. Don’t believe me? Look at how** [**overwhelmingly negative**](https://twitter.com/Pringles/status/1372242606902673409) **the reaction to Pringles’ NFT was.**\n\n**I’m a highly skilled programmer. DM me and I’ll help you build your NFT platform. But only if you denounce E\\*\\*\\*\\*\\*\\*m and use a clean (non proof-of-work) blockchain.**\n\nI can already sense crypto apes firing up their Corsair RGB keyboards to debate me. That’s OK! I welcome an open discussion about this, and I don’t want to shame anyone. I even think your RGB keyboard is cool. **Ape together strong. The last thing we need at this moment is to be divided.** And I don’t necessarily think it’s right to strictly judge the money-making ethics of people who aren’t financially independent, and have to make a living somehow. All I ask is that you read what I have to say first!\n\nProof-of-work cryptocurrencies like Shitcoin, E\\*\\*\\*\\*\\*\\*m, and the dog coin, are unmitigated, [exponentially](https://digiconomist.net/bitcoin-energy-consumption) [escalating](https://digiconomist.net/ethereum-energy-consumption/) **climate change disasters**. They are also yet another way that rich people scam poor people out of their money, and **they plan to scam you bigtime after the MOASS.** If you are skeptical on either of these points, I would encourage you to read on.\n\nI would hope “climate change disaster” is enough to give you pause, but I know a lot of you apes think with your wallets, so I’ll start with the “bigtime scam” aspect.\n\n### Bigtime scam\n\nLet’s start with a comic for the visual learners out there:\n\n[\\*chimped](https://preview.redd.it/udwoi0e1cj171.png?width=968&format=png&auto=webp&s=0e7c2925fe3ea738757ed3395c3e28e1431bfd91)\n\nFirst it was the dog coin, now it’s the supposed r/cryptocurrency crossover. Their last desperate move is to, if not to get us to sell GME for crypto, at least to get us to **invest tendies into crypto post-MOASS, which will allow them to steal back the money**. They already have plenty of crypto; [around 2% of network entities control 71.5% of all Shitcoin](https://insights.glassnode.com/bitcoin-supply-distribution/). The only reason they can’t sell it all at once is because it would crash the value. **But if apes buy crypto en masse post-MOASS, the money will go right back into the hands of the rich, and they’ll send you right back to what they see as “your place.”**\n\nCryptocurrency has many aspects of a [pyramid/ponzi scheme](https://finance.yahoo.com/news/economist-bitcoin-is-a-pyramid-scheme-204217615.html). It is far from a “sure thing” and it’s easily manipulated by the rich. If you manage to make money on a pyramid scheme, good for you I guess… I don’t really care. But if you do it in a way that fucks up the planet… I do care.\n\n​\n\n[Crypto mining facility. 99.9% of the \\\\"work\\\\" done by these computers gets thrown away in the end.](https://preview.redd.it/ztir3nrbcj171.png?width=700&format=png&auto=webp&s=e583bf4539bae297f39f9e4e455aa1dd1cac8339)\n\n### The decision whether or not to use proof-of-work Crypto is now the most monumental conservation decision the average person will get to make in their lifetimes.\n\nYou could **reduce, reuse, recycle, and conserve your entire life**. The net benefit of a lifetime’s worth of doing this, **could be negated by clicking the “buy” and “sell” buttons a handful of times** on C0inbase.\n\nLet’s put this in perspective. You could fly 500+ hours on passenger flights. You could eat around 15,000 hamburgers. Or… you could do 100 Shitcoin transactions. **The carbon emissions of these things are, by best estimates, equivalent.** And the “exchange rate” there will just get worse and worse (probably exponentially so), as more people use Shitcoin, and efficiency degrades even further.\n\nI am using the [Digiconomist ](https://digiconomist.net/bitcoin-energy-consumption/)estimates here. [Different estimates](https://cbeci.org/) vary, but the general consensus is that it’s a lot.\n\nThis isn\'t even necessary to run a blockchain... there are way better algorithms out there, like proof-of-stake, but those blockchains are much less popular. **Rich corporations love proof-of-work**, because all they have to do to get coins is build giant climate-destroying factories, something they obviously have no compunction about doing. They can turn on their dedicated coal power plants when prices are high, and sell useless tokens to the first chump they can find.\n\n### Proof-of-work cryptocurrency is a nightmare, and the Gamestop/NFT news this morning made my stomach drop. \n\nMy take: I think it will play right into the hands of HFs, who have been trying their damnedest to get apes excited about crypto. They want to scam you out of your tendies, as described above.\n\nNot to mention, as I said up top, HFs can now recruit legions of progressives who will try *rightfully* to “cancel” Gamestop. I will hold my stock with diamond hands, because this is only a small blemish on an otherwise great company. But I wish it wasn’t there. If you, like me, want Gamestop to reconsider this decision, you could always contact them via the email on [this page](https://nft.gamestop.com/), voice your dissent and ask them to at least use a clean blockchain instead. If some ape knows of a better way for small-time stockholders to voice opinions, would be happy to learn.\n\nI’m begging you. Before you take a bullish stance of proof-of-work cryptocurrencies, at least read my Medium article so you can have a better understanding of the negatives, and the reasons why PoW currencies are already so outdated. It’s focused on explaining in simple terms how proof-of-work actually works, and *why* this makes it so environmentally devastating; as well as touching on the “ripoff” aspect in the last parts:\n\n[If You Care About Climate Change, Avoid Proof-of-Work Cryptocurrency Like The Plague](https://dumputer.medium.com/if-you-care-about-climate-change-avoid-bitcoin-ethereum-and-doge-like-the-plague-bfd84ca6c5fa#5793)\n\nPlease don’t be mean in the replies. **Ape together strong. Don\'t let this divide us. Be civil.** Any GME holder is OK in my book. I haven’t said anything disparaging towards crypto hodlers, I just want to make sure they understand the implications of what they’re doing. Ape no fight ape. Before you refute me, please check my article to see if I already addressed it (I included nine arguments from the pro-crypto playbook). But please do correct me if any of my facts are off, and I\'ll edit. I want to get this right.\n\nI didn’t write this post because I wanted to. My heart made me do it. If I can change even one person’s mind, I can rest easy knowing I did a good deed. I’m still bullish as hell on Gamestop and I know you guys are too. **🦍🤝💪**', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/', 'nlt3ff', [['u/joemos', 26, '2021-05-27 00:28', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/gzkiz0y/', 'Isn’t etherum moving to POS with 2.0?', 'nlt3ff'], ['u/laflammaster', 11, '2021-05-27 01:14', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/gzkosqr/', "Yes, yes it is. \n\nI believe you'd need to own 32 coins to begin with, and begin earning on it. \n\nOP is also sus pointing to the article instead of answering questions.", 'nlt3ff']]], ['u/JanPB', 'A very good summary by Michael Saylor, incl. his chats with Musk (who is more sane than he likes to pretend)', 78, '2021-05-27 00:46', 'https://www.reddit.com/r/Bitcoin/comments/nltl90/a_very_good_summary_by_michael_saylor_incl_his/', 'It\'s at [this](https://www.youtube.com/watch?v=ibCXhvf4IAg) link. A quote:\n\n"I think it became pretty clear that we, the Bitcoiners, have a good story, but it\'s a very complicated story. And we need to find a way to share our story and to educate [...] My first thought was there is no point in us tweeting back and forth at each other because I don\'t think a 288-character twitters are right ways to educate the public and build consensus. \n\n"So I reached out to Elon and I spoke with him and we had a very long conversation and [...] I asked him if he had relationship or had met with Bitcoin miners [...] Elon [...] said we would all benefi... 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:** ['Tom Brady has “definitely” gotten involved in investing in the cryptocurrency market, the seven-time Super Bowl champion said Thursday. “I’m a big believer in [crypto],” Brady said in a pre-recorded video interview with FTX\xa0 founder Sam Bankman-Fried. He did not share any specific details about which crypto assets he’s invested in. The Tampa Bay Buccaneers quarterback only recently entered the public crypto sphere, launching non-fungible token (NFT) platform Autograph last month and changing his Twitter profile picture to the bitcoin laser eyes meme shortly after. Related: What $DESK Says About Scarcity, Value and Money “In my understanding, it was really a vote of confidence to really get into the conversation as I’m such a big believer in crypto, and where things are heading in the world,” Brady said. But Brady, who won six of his Super Bowl titles with the New England Patriots of the U.S. National Football League before signing with Tampa Bay, said he’s been discussing cryptocurrency for far longer than just the past month. And when asked whether he had “gotten involved with any investing in crypto,” Brady said, “I definitely have.” “In our quarterback room, one of my coaches has been on it for eight, nine months. So we talk about it basically every day, the prices of the different tokens, how the space is doing,” Brady said. He compared his embrace of the crypto space to his approach to health and wellness. Related: State of Crypto: What Regulators Said at Consensus 2021 “I’ve been someone who decided to treat my body differently than the way that everyone else treated it,” said Brady, who also runs his own health business. NFL players’ BTC embrace However, Brady does not anticipate being paid in crypto the way his peers have sought. Free agent offensive tackle Russell Okung, free agent tight end Sean Culkin and free agent quarterback Matt Barkley have all sought to get their salaries in bitcoin. Story continues While a member of the Carolina Panthers, Okung secured an arrangement where the Panthers would send half of his salary to crypto startup Zap , which would convert it to BTC. Culkin later secured a similar deal while on the Kansas City Chiefs but was cut shortly thereafter. No National Football League player has been paid directly in crypto by his team to date. “At the end of the day, technically that can’t happen, [teams] can’t pay their athletes [in bitcoin], what they pay is in dollars,” Brady said. “But I mean, how you invest your money? Absolutely. So I definitely think there’ll be more solutions as this is more widely adopted in all areas of our lives.” ‘Emerging markets’ For Brady, crypto’s value proposition is that markets are being disrupted and the nascent asset class may well be here to stay. “We’re learning more and more about these emerging markets,” he said. “I don’t think it’s going anywhere. … The world is changing. …\xa0 And you can be ahead of the curve or behind it, and I’m choosing to be ahead of it.” Bankman-Fried, who, through FTX, recently bought the naming rights to the stadium where the National Basketball Association’s Miami Heat plays, said it’s difficult for people who are “glued to the screen looking at price action” to look away, but he advises traders to do so anyway. “If the only reason you’re in crypto is because you think prices are going to go up, that’s, OK, I mean, you know, so be it,” he said, adding: “But … sometimes [prices] go down and that sucks, but if a lot of what you’re coming from is the perspective of, ‘Look, here’s why I think crypto can be really cool and here are the problems I think you can solve’ … I think that’s a good time to take a step back.” Brady’s NFT play NFTs may represent the “next generation of interaction between celebrities” and brands with their fans, Brady said. He said he launched Autograph to be a part of the crypto community, and make it easier for celebrities or popular brands to create collectibles for their current fans. “When I was a kid, I was a big baseball card collector. Understanding that the kids now in the digital age, you know, are going to want so many things at their disposal on their devices, it’s a great opportunity to be involved in that for unique collectibles, but really to provide great experiences for different fans and collectors,” Brady said. The wide-ranging conversation capped off CoinDesk’s Consensus 2021 event and was moderated by FTX.US COO Sina Nader. Related Stories Liquidity Mining Will Return to Uniswap ‘Very Soon,’ Founder Says Ark’s Cathie Wood Blames Crypto Crash on ‘ESG Movement’', 'Tom Brady has “definitely” gotten involved in investing in the cryptocurrency market, the seven-time Super Bowl champion said Thursday.\n“I’m a big believer in [crypto],” Brady said in a pre-recordedvideo interviewwith FTX\xa0 founder Sam Bankman-Fried. He did not share any specific details about which crypto assets he’s invested in.\nThe Tampa Bay Buccaneers quarterback only recently entered the public crypto sphere,launching non-fungible token (NFT) platform Autographlast month and changinghis Twitter profile pictureto thebitcoinlaser eyesmeme shortly after.\nRelated:What $DESK Says About Scarcity, Value and Money\n“In my understanding, it was really a vote of confidence to really get into the conversation as I’m such a big believer in crypto, and where things are heading in the world,” Brady said.\nBut Brady, who won six of his Super Bowl titles with the New England Patriots of the U.S. National Football League before signing with Tampa Bay, said he’s been discussing cryptocurrency for far longer than just the past month. And when asked whether he had “gotten involved with any investing in crypto,” Brady said, “I definitely have.”\n“In our quarterback room, one of my coaches has been on it for eight, nine months. So we talk about it basically every day, the prices of the different tokens, how the space is doing,” Brady said.\nHe compared his embrace of the crypto space to his approach to health and wellness.\nRelated:State of Crypto: What Regulators Said at Consensus 2021\n“I’ve been someone who decided to treat my body differently than the way that everyone else treated it,” said Brady, who also runs his own health business.\nHowever, Brady does not anticipate being paid in crypto the way his peers have sought. Free agent offensive tackle Russell Okung, free agent tight end Sean Culkin and free agent quarterback Matt Barkley have all sought to get their salaries in bitcoin.\nWhile a member of the Carolina Panthers, Okung secured an arrangement where the Panthers would sendhalf of his salary to crypto startup Zap, which would convert it to BTC.\nCulkinlater secured a similar dealwhile on the Kansas City Chiefs but was cut shortly thereafter. No National Football League player has been paid directly in crypto by his team to date.\n“At the end of the day, technically that can’t happen, [teams] can’t pay their athletes [in bitcoin], what they pay is in dollars,” Brady said. “But I mean, how you invest your money? Absolutely. So I definitely think there’ll be more solutions as this is more widely adopted in all areas of our lives.”\nFor Brady, crypto’s value proposition is that markets are being disrupted and the nascent asset class may well be here to stay.\n“We’re learning more and more about these emerging markets,” he said. “I don’t think it’s going anywhere. … The world is changing. …\xa0 And you can be ahead of the curve or behind it, and I’m choosing to be ahead of it.”\nBankman-Fried, who, through FTX, recentlybought the naming rightsto the stadium where the National Basketball Association’s Miami Heat plays, said it’s difficult for people who are “glued to the screen looking at price action” to look away, but he advises traders to do so anyway.\n“If the only reason you’re in crypto is because you think prices are going to go up, that’s, OK, I mean, you know, so be it,” he said, adding:\n“But … sometimes [prices] go down and that sucks, but if a lot of what you’re coming from is the perspective of, ‘Look, here’s why I think crypto can be really cool and here are the problems I think you can solve’ … I think that’s a good time to take a step back.”\nNFTs may represent the “next generation of interaction between celebrities” and brands with their fans, Brady said.\nHe said he launched Autograph to be a part of the crypto community, and make it easier for celebrities or popular brands to create collectibles for their current fans.\n“When I was a kid, I was a big baseball card collector. Understanding that the kids now in the digital age, you know, are going to want so many things at their disposal on their devices, it’s a great opportunity to be involved in that for unique collectibles, but really to provide great experiences for different fans and collectors,” Brady said.\nThe wide-ranging conversation capped off CoinDesk’s Consensus 2021 event and was moderated by FTX.US COO Sina Nader.\n• Liquidity Mining Will Return to Uniswap ‘Very Soon,’ Founder Says\n• Ark’s Cathie Wood Blames Crypto Crash on ‘ESG Movement’', 'CrowdStrike CRWD is set to report its first quarter fiscal 2022 financial results on Thursday, June 3. The cloud-focused cybersecurity firm has gone on a strong run over the last year and it’s still up 180% despite cooling down in 2021, along with most other growth tech names. CRWD shares have climbed over 20% in the last two weeks, which means investors might want to take a deeper look at the stock. Overview CrowdStrike is a cloud-focused cybersecurity company that utilizes machine learning and AI to protect endpoints and cloud workloads. This is crucial in a cloud age that’s full of rapidly expanding endpoints that include laptops, desktops, smartphones, IoT devices, and more. The company went public in the summer of 2019, and remote work and schooling pushed this area of the already-booming cybersecurity space to the forefront. As devices proliferate and our digitally-connected world grows **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: 2021-05-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $713,339,601,344 - Hash Rate: 148163050.51400563 - Transaction Count: 218311.0 - Unique Addresses: 616432.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The crypto-market has been sliding for the past week, starting last Wednesday with Elon Musk's tweet declaring that Tesla (TSLA) would no longer be accepting bitcoin as payment to China's fresh crackdown on cryptos yesterday, leading to capitulation. Three Chinese financial institutions announced that banks and payment companies would not be allowed to conduct business related to cryptocurrencies, reiterating the 2017 crypto ban. Chinese crypto traders had been able to get around this ban for some time by utilizing exchanges located outside of China's borders like Binance. This reiterated ruling could make it much more difficult to buy digital currencies or exchange them back to Yuan. Bitcoin blew through many of my support levels yesterday but bounced off $30k, representing a 50% decline from just a week and a half ago. Ethereum (or Ether), which has been the recent crypto outperformer (and my favorite blockchain asset because of its utilization beyond a currency), dropped off a 40% cliff yesterday at its low in the morning but bounced hard at an $1850 support. Bitcoin lost 30% of its value in hours yesterday morning but managed a swift recovery to single-digit losses as traders began to rapidly buy the discounted benchmark crypto, and traded even higher today. $40K appeared to be a resistance level for Bitcoin (right around its 200-day moving average) yesterday, but we are trading above that today. Bitcoin was beginning to get the institutional seal of approval, but that has been hindered by the unprecedented level of volatility we saw from this digital asset yesterday. There is a significant amount of leverage in the cryptocurrency market, as illustrated by the speed at which these digital assets moved yesterday. This leverage explains the broader market sell-off as the margin calls that many bullish traders are getting hit with are forcing them to sell across-the-board equities for liquidity. China's Fresh Crackdown In 2017, the People's Bank of China banned the use of cryptocurrencies in their financial institutions, indicating they cannot accept cryptos as a means of payment or settlement. Chinese institutions will not be allowed to provide exchange services for digital currencies (except, of course, their own) and will not offer any crypto-related financial products. Now China is making further efforts to rid their country of these digital assets that have "no real value" and are "extremely easy" to manipulate. Story continues China doesn't want to see an asset that they don't control or track to become the currency of the realm. The country recently released a digital Yuan, which allows the country to track every transaction from every user on this centralized blockchain, controlled by the government. China wants to ensure that they are not taken out of the currency loop. Some are saying this new crypto-Yuan is the biggest threat to the West. The digital Yuan completely goes against the decentralized essence of cryptocurrencies, which made the asset class so popular to begin with. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better. See these 7 breakthrough stocks now>> 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 To read this article on Zacks.com click here.... - Reddit Posts (Sample): [['u/ggoosen', 'I was so pumped about Nexo.... and then this happened.', 108, '2021-05-28 00:33', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/', 'When I found this project last year I was over the moon. The idea of being able to be part of a community and part of a platform that rewards dividends was very appealing.\n\nI then found out that there is insurance and security for the holdings, and I was sold on the idea.\n\nBought into nexo big time. And started shilling to everyone I know and started moving my weekly DCA BTC and ETH into Nexo.\n\nI had an issue where a BTC transaction took over 1 week to go through due to fees on the BTC network. Once it finally went through, it did not show up in the nexo platform.\n\nThat’s where the fun started. Well, it has been almost 2 months now, and Nexo has not been able to resolve this. I got one response back through the 4-5 support tickets I raised saying that the "tech team is looking into it".\n\nI double validated that my account details are right and the trx went through (all good).\n\nI am deeply concerned about NEXO\'s ability to provide support. In this instance the value that i sent was significant but I have had even larger transfers in the past. How is this even possible? Money just disappearing into a black hole. What is nexo going to do about being able to provide support?', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/', 'nmjhog', [['u/MaxGenimus', 41, '2021-05-28 00:35', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzoxcf7/', "I'm pretty much at the point I'm going to boycott every single one of these multi-million dollar companies that doesn't have a fucking phone number and a call center", 'nmjhog'], ['u/SSquarepantsii', 26, '2021-05-28 00:50', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzoz9bq/', 'I haven’t had an experience with Nexo other than flawless so far, but this is a sentiment that I agree with. \n\nOr, if you only have electronic support, it had better be world fucking class.', 'nmjhog'], ['u/all_crypto', 25, '2021-05-28 01:02', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzp0lf4/', "Unfortunately its common in every board I'm on. Cel, cro and binance all have these issues. Ive never had a problem but it is concerning for sure. Hope you get it resolved, i always upvote these in hopes the platform will react and fix.", 'nmjhog'], ['u/WinterStress867', 10, '2021-05-28 01:43', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzp5fq5/', "Tx = transaction\n\nTRX = Tron, and yes it's one of the few coins available on Nexo.", 'nmjhog'], ['u/kurokojin77', 13, '2021-05-28 02:59', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzpe7u9/', "I'm not Nexo. I'm a customer like the rest of you.\n\nThat's a pretty naive statement. \n\nFirst.Exponential customer growth is hard for any platform. Let alone one that deals with tech, finances, crypto, banking, and international laws.\n\nSecond. Training technical staff for a support job in the above is long and difficult. Let alone hiring the right people. \n\nI'm okay with them having so much new traction they're having temporary difficulties keeping up. I don't want them to stop taking on new clients as that strengthens my investment. I want them to take the time to hire and support the right people.", 'nmjhog']]], ['u/TwerkMasterFlex', 'Why is r/Cryptocurrency so dumb when it comes to Flexa?', 24, '2021-05-28 00:42', 'https://www.reddit.com/r/AMPToken/comments/nmjnyf/why_is_rcryptocurrency_so_dumb_when_it_comes_to/', 'Every Flexa related post on r/Cryptocurrency is riddled with people completely dismissing what Flexa does as a gimmick or has no potential. They literally refuse to do any DD besides shouting about BTC ETH and Cardano 🤦\u200d♂️ okay rant over', 'https://www.reddit.com/r/AMPToken/comments/nmjnyf/why_is_rcryptocurrency_so_dumb_when_it_comes_to/', 'nmjnyf', [['u/wooper363', 29, '2021-05-28 00:52', 'https://www.reddit.com/r/AMPToken/comments/nmjnyf/why_is_rcryptocurrency_so_dumb_when_it_comes_to/gzozhdr/', 'I wouldn’t worry about it cause most people on Reddit don’t know what they are talking about. One day they’ll be buying things using flexa and not even realize it and will have missed out so their loss for being ignorant', 'nmjnyf']]], ['u/Current-Assignment7', '🚀NEW ELON MUSK COIN JUST LAUNCHED!! SPIDERMUSK 😱😱 DEV DOXXED!!!', 45, '2021-05-28 01:18', 'https://www.reddit.com/r/shitcoinmoonshots/comments/nmkcia/new_elon_musk_coin_just_launched_spidermusk_dev/', '🚨 LADIES AND GENTLEMEN 🚨\n... We Are Presenting ...\n\n🕷 SPIDERMUSK 🕷\n\n\nTG: https://t.me/SpiderMusk\n\n🔴🔴🔵🔵🔴🔴🔵🔵\n\nA Marvel Studios Inspired Token ⚡️\n\n\nStarring: ELON MUSK ❗️\nElon Musk is the current Crypto Leader. For weeks now, Spidermusk has not been too supportive of Bitcoin, regularly bashing it on Twitter, forcing massive Dumps of the Bitcoin Price. 😱\n\nBut now, there is a need in crypto world of him to turn back into his true colors and help the people who once looked up to him. ⭐️\n\nHe listened. Thought about it. \nAnd so... he did❗️\n\nSpiderMusk Is Back In Town! 🕷 \nMore Helping, Supportive and Heroic As Ever 🦸\u200d♂️ \n\n🔴🔴🔵🔵🔴🔴🔵🔵\n\nSAFETY 🔒\n\nLiquidity will be burned 🔥 \nOwnership renounced 📝 \nVerified Contract ✅\n\nTG: https://t.me/SpiderMusk\nWebsite: spidermusk.com\nTwitch: twitch.tv/spider_musk\nTwitter: twitter.com/MuskSpider', 'https://www.reddit.com/r/shitcoinmoonshots/comments/nmkcia/new_elon_musk_coin_just_launched_spidermusk_dev/', 'nmkcia', [['u/Public-Peak1227', 10, '2021-05-28 01:20', 'https://www.reddit.com/r/shitcoinmoonshots/comments/nmkcia/new_elon_musk_coin_just_launched_spidermusk_dev/gzp2quc/', 'Best Coin ever 🚀🚀', 'nmkcia']]], ['u/InternationalDeer9', 'My brother’s lost Bitcoins', 16, '2021-05-28 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/', 'Hi everyone. \n\nLooking for some advice / opinions.. \n\nMy brother took his own life around 6-7 years ago, and left behind his old laptop. He was very much into crypto and I can imagine he probably has upwards of 5-10+ bitcoins on there. \n\nI have some questions:\n\n1. Do you think it’s morally wrong if I try to get access to his laptop? \n\n2. I believe his laptop is encrypted with Truecrypt (whole drive), would there some way for me to get access if I wanted to?', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/', 'nmkqbn', [['u/Accomplished_Deer_10', 68, '2021-05-28 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/gzp520r/', 'Morally wrong? Nah he’d want you to have it', 'nmkqbn'], ['u/Brt232', 14, '2021-05-28 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/gzp8j6j/', 'Search for a person or company that is publically verifiable, meet them in person, and draw up a contract if necessary. Do not accept help from anyone anonymously offering help on Reddit or elsewhere on the internet.', 'nmkqbn']]], ['u/InternationalDeer9', 'My brother’s lost Bitcoins', 36, '2021-05-28 01:40', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/', 'Hi everyone. \n\nLooking for some advice / opinions.. \n\nMy brother took his own life around 6-7 years ago, and left behind his old laptop. He was very much into crypto and I can imagine he probably has upwards of 5-10+ bitcoins on there. \n\nI have some questions:\n\n1. Do you think it’s morally wrong if I try to get access to his laptop? \n\n2. I believe his laptop is encrypted with Truecrypt (whole drive), would there some way for me to get access if I wanted to?', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/', 'nmkqs5', [['u/bald11x', 92, '2021-05-28 01:42', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5dja/', 'Im sure your brother wants you and your family to get those bitcoins.', 'nmkqs5'], ['u/taquitaqui', 30, '2021-05-28 01:45', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5muy/', 'Only search for the bitcoins though. No snooping anything else!', 'nmkqs5'], ['u/cryptoking87', 18, '2021-05-28 01:45', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5mzi/', 'Not sure how it would be morally wrong. It will benefit no one by remaining on his laptop.', 'nmkqs5'], ['u/humdizzle', 35, '2021-05-28 01:46', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5u3x/', 'unless your brother hated you i think its fine. better for that money to at least bring someone or some people joy rather than just sit and do nothing.', 'nmkqs5'], ['u/llewsor', 18, '2021-05-28 02:00', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp7hh3/', 'reach out to dave’s wallet recovery, he takes a fee but he’s helped hundreds of people: \n\nhttps://www.walletrecoveryservices.com/', 'nmkqs5'], ['u/InternationalDeer9', 11, '2021-05-28 02:02', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp7p9b/', 'Thank you, this is very helpful. Will definitely get in contact and see if they can help', 'nmkqs5'], ['u/NoBallinOnSundays', 41, '2021-05-28 02:06', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp837p/', "Do your research and make sure it's not a scam!", 'nmkqs5'], ['u/SatOnMyBalls_', 27, '2021-05-28 04:08', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzplzdm/', "Can confirm. I've told my families plenty of times how they could recover my Bitcoin should something ever happen to me", 'nmkqs5'], ['u/IndianaGeoff', 12, '2021-05-28 04:10', 'https... 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 7.46% on Friday. Following a 1.95% decline on Thursday, Bitcoin ended the day at $35,661.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $38,889.0 before hitting reverse.\nFalling short of the first major resistance level at $40,284, Bitcoin slid to a late intraday low $34,721.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $37,005 and the second major support level at $35,474.\nFinding late support, Bitcoin broke back through the second major support level to end the day at $35,600 levels.\nThe near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBinance Coin(-11.03%),Ethereum(-12.07%),Chainlink(-12.05%), andCrypto.com Coin(-11.23%) led the way down.\nBitcoin Cash SV(-9.76%),Cardano’s ADA(-8.61%),Litecoin(-8.75%), andRipple’s XRP(-7.71%) also struggled.\nPolkadot saw a more modest 3.86% loss on the day.\nIn the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,543bn.\nBitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 43.63%.\nAt the time of writing, Bitcoin was up by 0.84% to $35,961.7. A mixed start to the day saw Bitcoin fall to an early morning low $35,649.8 before rising to a high $36,075.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a mixed start to the day.\nCrypto.com Coin was down by 3.37% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 5.63% to lead the way.\nBitcoin would need to move through the pivot level at $36,424 to bring the first major resistance level at $38,126 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $38,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Friday’s high $38,889.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $40,592.\nFailure to move through the pivot at $36,424 would bring the first major support level at $33,958 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $32,256 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support\n• European Equities: A Week in Review – 28/05/21\n• Gold Weekly Price Forecast – Gold Markets Struggle with 1900$\n• Natural Gas Price Forecast – Natural Gas Markets Rally to End The Week\n• Silver Weekly Price Forecast – Silver Continues to Struggle With Break Out\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Threatening Breakout', 'Bitcoin , BTC to USD, slid by 7.46% on Friday. Following a 1.95% decline on Thursday, Bitcoin ended the day at $35,661.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $38,889.0 before hitting reverse. Falling short of the first major resistance level at $40,284, Bitcoin slid to a late intraday low $34,721.0. The extended sell-off saw Bitcoin fall through the first major support level at $37,005 and the second major support level at $35,474. Finding late support, Bitcoin broke back through the second major support level to end the day at $35,600 levels. The near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Binance Coin (-11.03%), Ethereum (-12.07%), Chainlink (-12.05%), and Crypto.com Coin (-11.23%) led the way down. Bitcoin Cash SV (-9.76%), Cardano’s ADA (-8.61%), Litecoin (-8.75%), and Ripple’s XRP (-7.71%) also struggled. Polkadot saw a more modest 3.86% loss on the day. In the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,543bn. Bitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 43.63%. This Morning At the time of writing, Bitcoin was up by 0.84% to $35,961.7. A mixed start to the day saw Bitcoin fall to an early morning low $35,649.8 before rising to a high $36,075.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day. Crypto.com Coin was down by 3.37% to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was up by 5.63% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $36,424 to bring the first major resistance level at $38,126 into play. Support from the broader market would be needed for Bitcoin to break back through to $38,000 levels. Barring a broad-based crypto rally, the first major resistance level and Friday’s high $38,889.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $40,592. Failure to move through the pivot at $36,424 would bring the first major support level at $33,958 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $32,256 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support European Equities: A Week in Review – 28/05/21 Gold Weekly Price Forecast – Gold Markets Struggle with 1900$ Natural Gas Price Forecast – Natural Gas Markets Rally to End The Week Silver Weekly Price Forecast – Silver Continues to Struggle With Break Out Crude Oil Weekly Price Forecast – Crude Oil Markets Threatening Breakout', 'NEW YORK, NY / ACCESSWIRE / May 28, 2021 / Cryptocurrencies typically fall into one of two categories. On one hand, you have Serious currencies with a capital "S," such as Bitcoin, which is meant to change the way the world economy operates. On the other hand, you have memecoins, playful currencies that hope to attract investors through marketing hype - like Dogecoin. One appeals to seasoned investors who are well-versed in trading traditional stocks, while the other lures in buyers who live their lives online in Reddit, Twitter, and 4Chan. Is it possible to bridge the gap, to simultaneously appeal to both memecoin investors and Serious investors? Or would an attempt at broad appeal leave a bad taste in the mouths of prospective investors from both sides of the cryptocurrency ecosystem? A new token on the Binance Smart Chain (BSC) called SAFERmoon hopes to answer this question. SAFERmoon, which was founded by a group of cryptocurrency technology enthusiasts in April 2021, has a serious goal: to offer a secure platform for future tokens on BSC. "If every investor on BSC is warned ten times a day to beware of scams, then there\'s a problem," said SAFERmoon\'s lead developer, who is choosing to remain anonymous out of concerns for their personal safety. "Any token launched through our future SAFERLaunch platform will not be exploitable, at least not from a programming perspective." The SAFERmoon team may have their ducks in a row when it comes to security, but the mature tone is often interrupted by levity more suited to memecoins. Visit the SAFERmoon Telegram group, and you\'ll be bombarded with an astonishing mixture of serious discussions about the future of cryptocurrency, as well as animated gifs depicting babies dancing atop rocket ships that are headed for the moon. It\'s an odd mixture, but it\'s seemed to work well for them so far. The real test is ahead. With weeks of dedicated work remaining until their SAFERLaunch platform is ready, the team is relying upon marketing stunts to grow their investor base. "Stunt" is too small of a word, really, to properly relay the magnitude of their marketing ambition. SAFERmoon\'s owners hope to create a spectacle, the kind of attraction that will draw eyes and ears from around the world. Story continues In a move not yet seen in the cryptocurrency space, SAFERmoon is sending one of their investors to outer space, literally. Anyone in the cryptosphere for more than a few minutes hears talk of "web lambo" and "wen moon?" And the answer appears to be "in the next six weeks." A six week giveaway schedule, with prizes that include everything from a personalized shoutout from Mr Wonderful Kevin O\'Leary for week 1, to a Lamborghini for week 5, culminates in the purchase of a ticket for one to join a future Virgin Galactic spaceflight - the grand prize for week 6. As someone who grew up watching every shuttle launch, this sentence sends chills down my spine. Just the fact that civilian spaceflight is possible speaks volumes about human ingenuity. "I was, frankly, stunned when our marketing team raised the idea of sending someone to space," said one of SAFERmoon\'s owners. "Then ten seconds passed, and I knew it was the right move. Our developers have already released features that don\'t exist anywhere else in BSC, and I intend to support them by increasing the investor base for future product launches." Given cryptocurrency\'s **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: 2021-05-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $690,932,025,631 - Hash Rate: 144427847.55987102 - Transaction Count: 198332.0 - Unique Addresses: 537305.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.18 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin andether, the two biggest cryptocurrencies, surged to new all-time high prices on Tuesday, hours before the shares of crypto exchange Coinbase are due tostart tradingon Nasdaq. “Coinbase going public provides a further boost of confidence in the cryptocurrencies sector,” David Russell, vice president of market intelligence at TradeStation, wrote in an email. • The price forbitcoin(BTC), the oldest cryptocurrency and the largest by market value, set a new record of $64,829.14 before setting back to $63,633.51 at press time, up 0.8% in the last 24 hours based onCoinDesk 20data. • Ether, the native cryptocurrency of the Ethereum blockchain and the second-largest overall, set a new high-water mark of $2,399.61, before subsiding to $2,380.84, up 4.7% in the last 24 hours. • The new marks continue a two-day surge by the two cryptocurrencies in the leadup to Coinbase’s direct listing, a seminal moment in the history of crypto. Analysts said theextra publicity and investor-relations chattersurrounding the listing might lead to an uptick in the pace of cryptocurrency adoption, or at the very least, speculation. • Bitcoin, Ether Scale New Heights Ahead of Coinbase’s Historic Trading Debut • Bitcoin, Ether Scale New Heights Ahead of Coinbase’s Historic Trading Debut • Bitcoin, Ether Scale New Heights Ahead of Coinbase’s Historic Trading Debut • Bitcoin, Ether Scale New Heights Ahead of Coinbase’s Historic Trading Debut... - Reddit Posts (Sample): [['u/Slayerofgondor', 'If you are asking how to short, you should not be shorting', 69, '2021-05-29 00:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/', "Quite simply put, if you are asking people here how to currently short the market, you are not prepared or knowledgable enough about shorting.\n\nIt is a massive risk even with knowing what to do, but as someone who know little to nothing you are basically just asking to be liquidated.\n\nIf you are looking to make money in this market, wait till BTC is returning upwards with a solid trend to buy in and benefit in the long run. Don't go chasing big potential gains just because some guy on the internet said they shorted and gained x amount.\n\nEdit: people seem to misunderstand, if you want to ask with the intent of learning im not saying you shouldnt, but if you are asking because you want to make quick $$$ then maybe u should reconsider asking at all.", 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/', 'nn8vas', [['u/Lobster_Messiah', 15, '2021-05-29 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gzt5ejd/', 'I wear shorts when it’s hot outside, am I doing it right?', 'nn8vas'], ['u/Spear-of-Stars', 23, '2021-05-29 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gzt5pbb/', "I sold my free Coinbase CELO at 6.98 and put it into BTC when it was under 35k. That's my big power play for the year.", 'nn8vas'], ['u/Diamondphalanges756', 10, '2021-05-29 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gzt5wgx/', "How are people ever going to gain the knowledge then if they don't ask questions? Who is to say they're going to jump right in just because someone answered a question they asked? I'm interested in learning more about it, but I'm totally clueless so I gathered info here and there, then when I'm sure I'm ready I will dive on in. Not all of us are stupid because we are new. I don't need anyone to protect me from myself.", 'nn8vas'], ['u/bucheon21', 15, '2021-05-29 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gztbonm/', 'Big shorts??! They’re just pants bro!', 'nn8vas']]], ['u/Bitbuyer313', "PSA, if you're clicking on and sharing bitcoin fud articles, you're part of the problem.", 415, '2021-05-29 00:07', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/', 'Literally, the only reasons hack "journalists" keep writing fud articles is because of the click traffic their shitty reporting receives. Stopping this trend is even easier than voting with your wallet, simply stop clicking on bunk, fud articles.\n\n\n\n\nEdit. This post is not directed at bitcoin price as a few people have misinterpreted it of being, I don\'t think fud affects bitcoins price as much as people think it does as every bull run in the past has always been riddled with fud much worse than this, bitcoin is doing exactly what it always does and is having a mid bull run shake out. To clarify, I\'m tired of the internet being flooded with click bait articles and poorly researched articles for the sake of browser traffic.', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/', 'nn8yhz', [['u/Positive-Award-1598', 30, '2021-05-29 00:08', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gzt5ozf/', 'Everyone knows the price of everything and the value of nothing', 'nn8yhz'], ['u/irresponsible_owl', 10, '2021-05-29 00:24', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gzt7hss/', "How do you know it's FUD if you don't read it?\n\nNot every article with a negative headline about Bitcoin is FUD. There are certain aspects of it that can be criticized. Sticking your head in the sand and pretending they don't exist isn't helpful either.", 'nn8yhz'], ['u/satoriiis', 31, '2021-05-29 00:39', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gzt97mp/', "Not to be a member of the tin hat crowd, but I've been around crypto for a few years now.\n\nSeems like all the FUD news comes in waves at the same time. Like a negative, salty cloud just suddenly appears over Bitcoin for a while.\n\nThis is like the 7th+ time I've seen this happen.\n\nI'm starting to wonder if it's orchestrated...", 'nn8yhz'], ['u/thetendymahn', 15, '2021-05-29 01:16', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gztd6ua/', 'Man who cares? Let people do what they want to do. The "problem" will work itself out on its own. BTC will succeed on its own merits - FUD or not.', 'nn8yhz'], ['u/thunderlips_1', 34, '2021-05-29 02:27', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gztkr27/', "Don't ignore the FUD, there may be some truth to it. Examine EVERYTHING you read closely and use facts, your common sense and better judgement to discover the truth (or atleast what you think is truthful, sometimes it's hard to know for sure). Doubt both sides of the extreme, the truth usually lies somewhere in the middle. Don't let your emotions get the best of you. Bitcoin doesn't care how you feel.", 'nn8yhz']]], ['u/dellemonade', 'How can Nano be used as a payment/currency if there is a fixed supply?', 17, '2021-05-29 00:26', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/', "I see this argument come up from time to time and had some of the same thoughts myself early on. Besides the arguments of spend and replace and that Nano can be a better digital gold than Bitcoin that can be sent much faster and fee-less, there is still a bit more I would like to respond to this:\n\nDiscussions on this topic often lead to Keynesian vs Austrian economics, pros and cons of inflationary monetary policy, etc. which I think are not imperative. There are definitely strong arguments for Nano's viability with these debates, but the point I want to make is that it doesn't have to be such an all or nothing argument...Nano doesn't have to replace all Fiat currencies and all other cryptos, **it can just be an option. What is wrong with giving people a choice?** \n\nEveryone can choose for themselves whether they would rather pay or save in fiat/another method or whether we want to pay or save in Nano. If I am a seller, I can choose for myself whether I wish to be paid in fiat or Nano or another crypto or even gold/silver (although those payment methods aren't really practical). Personally, if Nano is mainstream, I'd prefer to be paid in Nano since I know the value can't be harmed by inflation and it can be sent/received fast and fee-lessly. I think that decision can sway even stronger to Nano's favor as services to convert between currencies when needed trend towards fee-less and become mainstream as well.", 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/', 'nn9csh', [['u/bananosapien', 15, '2021-05-29 00:55', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/gztayc7/', "nano is a black hole. It's the best form of money and will eat all other forms of it.\n\nThis will happen for everyone as spending power increases with deflationary currency, while inflationary currency hyperinflates. This is, arguably, already happening but it should accelerate over a large enough time scale to the point where you cannot buy deflationary currency with inflationary currency.\n\nWhat sucks is those people that aren't paying attention are going to get wrecked.", 'nn9csh'], ['u/Pinilla', 11, '2021-05-29 02:11', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/gztj0o6/', 'I don\'t really understand that argument. Everyone right now can just put their money in the stock market to save it and earn interest on it. People still spend, they don\'t invest all their money. I know that invested money is "spent", so it\'s not as detrimental to the economy, but it goes to show that people will not just hold their money forever. They already have that option and don\'t choose to exercise it.', 'nn9csh'], ['u/JusticeLoveMercy', 13, '2021-05-29 07:04', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/gzucanz/', 'Inflation is a tax on your savings. Your wealth is simply transfered to those able to inflate.', 'nn9csh']]], ['u/Gr000vy', 'Bitcoin was created by the NWO. They’ve wanted a world currency for centuries', 14, '2021-05-29 00:31', 'https://www.reddit.com/r/conspiracy/comments/nn9glu/bitcoin_was_created_by_the_nwo_theyve_wanted_a/', 'Or they got beat to it. But it’s no coincidence that it came around just after the fin crisis', 'https://www.reddit.com/r/conspiracy/comments/nn9glu/bitcoin_was_created_by_the_nwo_theyve_wanted_a/', 'nn9glu', [['u/Python_Noobling', 15, '2021-05-29 00:42', 'https://www.reddit.com/r/conspiracy/comments/nn9glu/bitcoin_was_created_by_the_nwo_theyve_wanted_a/gzt9jgc/', 'Im a long time bitcoin bull and i agree with your sentiment.\n\nNo idea who created bitcoin or why. Satoshi is who we are told but lets keep an open mind...\n\nIn the end game, i believe bitcoin will help the ultra wealthy more than the average man due to the mechanics behind it, how money works and how little every day folks understand about big money.', 'nn9glu']]], ['u/Palmitic256', 'Shibaswap release timed with the market increase', 48, '2021-05-29 00:35', 'https://www.reddit.com/r/SHIBArmy/comments/nn9j66/shibaswap_release_time... 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 3.05% on Saturday. Following a 7.46% slide from Friday, Bitcoin ended the day at $34,574.0. A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $37,381.0 before hitting reverse. Falling short of the first major resistance level at $38,126, Bitcoin slid to a late afternoon intraday low $33,617.0. The extended sell-off saw Bitcoin fall through the first major support level at $33,958 before briefly revisiting $35,000 levels. A bearish end to the day, however, left Bitcoin at sub-$35,000 levels. The near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Chainlink slid by 8.98% to lead the way down. Binance Coin (-7.27%), Cardano’s ADA (-7.24%), Crypto.com Coin (-6.32%), Ethereum (-5.49%), Litecoin (-7.53%), and Ripple’s XRP (-7.48%) also struggled. Bitcoin Cash SV (-0.14%) and Polkadot (-4.05%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,444bn. Bitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 44.39%. This Morning At the time of writing, Bitcoin was down by 1.12% to 36,500.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,089.0 before falling to a low $36,485.0. 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, Chainlink was down by 2.48% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $35,191 to bring the first major resistance level at $36,764 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from $35,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,381.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $38,955. Failure to move through the pivot at $35,191 would bring the first major support level at $33,000 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,427 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – May 30th, 2021 Crude Oil Price Forecast – Crude Oil Continues to Press Top of Triangle The Weekly Wrap – Economic Data and Central Bank Chatter Influenced in the Week E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support Gold Weekly Price Forecast – Gold Markets Struggle with 1900$ The Crypto Daily – Movers and Shakers – May 29th, 2021', 'Bitcoin , BTC to USD, fell by 3.05% on Saturday. Following a 7.46% slide from Friday, Bitcoin ended the day at $34,574.0. A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $37,381.0 before hitting reverse. Falling short of the first major resistance level at $38,126, Bitcoin slid to a late afternoon intraday low $33,617.0. The extended sell-off saw Bitcoin fall through the first major support level at $33,958 before briefly revisiting $35,000 levels. A bearish end to the day, however, left Bitcoin at sub-$35,000 levels. The near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Chainlink slid by 8.98% to lead the way down. Binance Coin (-7.27%), Cardano’s ADA (-7.24%), Crypto.com Coin (-6.32%), Ethereum (-5.49%), Litecoin (-7.53%), and Ripple’s XRP (-7.48%) also struggled. Bitcoin Cash SV (-0.14%) and Polkadot (-4.05%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,444bn. Bitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 44.39%. This Morning At the time of writing, Bitcoin was down by 1.12% to 36,500.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,089.0 before falling to a low $36,485.0. 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, Chainlink was down by 2.48% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $35,191 to bring the first major resistance level at $36,764 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from $35,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,381.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $38,955. Failure to move through the pivot at $35,191 would bring the first major support level at $33,000 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,427 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – May 30th, 2021 Crude Oil Price Forecast – Crude Oil Continues to Press Top of Triangle The Weekly Wrap – Economic Data and Central Bank Chatter Influenced in the Week E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support Gold Weekly Price Forecast – Gold Markets Struggle with 1900$ The Crypto Daily – Movers and Shakers – May 29th, 2021', 'Data collated from the Cambridge Center for Alternative Finance (CCAF),showthe world’s most popular crypto asset presently consumes around 13.37-gigawatt annum— 0.6% of global electricity supply, or roughly equivalent to the annual energy draw of an emerged market countries as Sweden.\nElon Musk, some weeks stunned crypto investors arbitrarily when he unexpectedly announced via Twitter,Teslawas no longer acceptsBitcoinas a means of payment citing environmental concerns.\nBitcoin mining’senergy-intensive process was the major reason behind’s Elon Musk decision as the most popular crypto asset relies on a significant amount of electricity generated from coal known for high carbon prints and toxic gases.\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Elon Musk said.\nJust recently the government of Iran recently placed an embargo on the mining of bitcoin as revealed by the country’s president, Hassan Rouhani, partly because of Bitcoin’s energy-intensive process triggering blackouts in a significant number of Iranian hubs.\nMiners on the blockchain often use powerful computing power in solving complex mathematical tasks that effectively facilitate a bitcoin transaction to go through, triggering Bitcoin miners to be rewarded for their efforts with the digital asset.\nThe energy requirement in auditing such bitcoin transactions requires a huge amount of computing power which translates to a huge amount of electricity.\nIranian fiscal officials further revealed most of the energy consumption gotten from Bitcoin mining is largely attributed to illegal miners, or those operating such permits.\nAlthough, Sam Bankman-Fried, the founder of Crypto derivatives exchange FTX recently disclosed that most of the current energy usage will decay away as block rewards go down the rest of the energy usage will scale linearly withBitcoin’s price.\nSam also disclosed that the Ethereum blockchain’s recent upgrade to proof of stake will enable a less energy-intensive system that will likely address some of the climate concerns, Still, a growing number of environmentalists are increasingly becoming impatient on the environmental impact of Bitcoin mining.\n“Today, Bitcoin mining creates about the same pollution footprint per unit of energy as natural gas,” says Alex de Vries, who oversees Digiconomist, a company that monitors Bitcoin’s electricity usage. “That’s because hydro in China offset much of the effect of coal in that nation and other parts of the world.”\nNot forgetting China accounts for more than three-quarter of the Bitcoin mining activity globally as of April 2021,\nHowever, current reports reveal that China’s recent ban is more of an economic issue with its officials trying to prevent an economic shock just in case a Crypto bubble burst as the world’s second-biggest economy aims for a stable and viable financial architecture immune to volatility that often prevails in many Crypto assets.\nPresent price actions show the environmental concerns of Bitcoin seem to be receding as it broke above $35,000 price levels after Elon Musk disclosed, he held “potentially promising talks” with North American bitcoin miners on how to make Bitcoin’s mining process more environmentally friendly.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Threatening Breakout\n• Earnings to Watch Next Week: Zoom, Advance Auto Parts, Lululemon and Cooper Companies in Focus\n• Silver Weekly Price Forecast – Silver Continues to Struggle With Break Out\n• S&P 500 Weekly Price Forec **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: 2021-05-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $650,839,657,875 - Hash Rate: 151858199.84334671 - Transaction Count: 179795.0 - Unique Addresses: 476088.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (AFP via Getty Images) Some Apple products could be about to become harder to buy, the company has warned. It is facing stock issues that could primarily affect its iPads and Macs, but might also make it more difficult to find other Apple devices, it said. The announcement came amid the release of its record second quarter results, which showed sales up 54 per cent and a potential record year for the company. But that high demand – as well as problems with supply – could cause issues for the company as it heads into the second half of the year, it said. The announcement comes as Apple prepares to launch new versions of both the iPad and Mac. They have had an unusually long gap between their announcement and release – though it is not clear if that is a result of any projected problems with supply. Apple said that the issues were caused partly as a result of the semiconductor shortages that has caused problems for everything from cars to the PlayStation 5. A collision of factors – including the pandemic, droughts in Taiwan and higher than usual demand for smart devices in lockdown – have meant that computer chips of any kind have become scarce. But Apple is also being hit by higher than usual demand for its products, too, in part because people are working from home more and therefore need Macs. “The constraints come from the semiconductor shortages that are affecting many, many industries, and it’s a combination of the shortages, as well as the very, very high level of demand that we are seeing for both iPad and Mac,” Apple’s chief financial officer Luca Maestri said. “For Mac, for example, if you just -- just to keep it into context, the last three quarters of Mac have been the best three quarters ever in the history of the product, right? “So we are experiencing an incredible level of demand, which certainly is favored by working from home and learning from home environment, but also by the incredible amount of new products and innovation that we put into the products that we launched during the last couple of quarters.” Story continues Part of the problem could be that Apple was able to ensure that it did not have supply shortages in the second quarter by “collapsing all of your buffers and offsets”, chief executive Tim Cook said. “And that happens all the way through the supply chain.” That means that those buffers could be used up and the company will not be able to use them to ensure it has full supply into the second half of the year, Mr Cook said. As such, he said that he expects any problems Apple has with selling products to be constrained by supply, not demand. Read More Twitter’s 2021 revenue spiked by 28 per cent without Trump How to stop those pesky, disruptive spam calls Bitcoin price live: Crypto market surges as ethereum hits new all-time high and Elon Musk endorses dogecoin... - Reddit Posts (Sample): [['u/brollikk', 'Dogecoin has an unlimited supply... I think more people should be aware of this', 57, '2021-05-30 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/', "10,000 doge per minute or \\~14 million doge per day are being created. \n\n​\n\nthis is compared to 900 new bitcoin mined per day currently. \n\n​\n\nIn order to maintain current prices, that is about how much buying must occur to keep it there. \n\n​\n\nBtc has a cap of 21 million and goes through halvenings of the block reward, I don't believe doge does. Doesn't this mean dogecoin is actually inflationary? Please correct me if I have something wrong here.", 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/', 'nnxj65', [['u/_110100100_', 13, '2021-05-30 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwzkwr/', 'The problem is the people who are buying up doge don’t care. They see it as their way to get rich quick.', 'nnxj65'], ['u/angry_hammer', 16, '2021-05-30 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwznbt/', "I tried to explain that to a friend and few months ago, but he told me he didn't care once his investment went up. After that it's been shitcoin after shitcoin for him and he decided to get out of crypto after losing money in the crash last weekend. All I see is a discount in the solid projects I've been investing in", 'nnxj65'], ['u/dsub1', 11, '2021-05-30 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwznnp/', "You're not wrong, but lots of posts have already been talking about this.", 'nnxj65'], ['u/JimCricket99', 30, '2021-05-30 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwzpka/', '14 million a day dilutes it .00011 per coin per day. Or about .04 per coin per year.', 'nnxj65'], ['u/Failed_Launch', 16, '2021-05-30 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwzr90/', 'Dogecoin is inflationary. This incentivizes people to spend now and save later, as the value of the coin drops over time (like how the dollar works). The problem with deflationary coins is saving is incentivized- the value of the coin increases over time and therefore “buying something tomorrow” is cheaper than buying it now. The value of a digital currency is to be used as a medium for an exchange of goods or service. \nJust my 2 cents', 'nnxj65'], ['u/techw1z', 39, '2021-05-30 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx0e83/', "I'm against doge, and your math is correct, but your logic is lacking.\n\nif doge was adopted as main currency, 21million per day would be less than 8billion influx per year, which is practically nothing for a currency. Even for a crypto currency this would be sustainable for decades upon decades.\n\nThe real problem with doge, aside from the technical part, is that noone knows who holds 20b$ worth of it and when this person or group decides to cash out.", 'nnxj65'], ['u/titterbitter73', 32, '2021-05-30 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx0w53/', "Like it's not the majority of the crypto community who want to get rich quick lol", 'nnxj65'], ['u/Raider4-', 12, '2021-05-30 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx3gig/', 'For transparency, ~5 billion get mined a year resulting in 4.3% inflation a year. Inflation for Doge is pretty negligible and the least of its problems like you implied.', 'nnxj65'], ['u/mrteeth5', 34, '2021-05-30 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx4bcx/', "How could we not be aware when there's a post about it twice a day", 'nnxj65'], ['u/hammtron', 10, '2021-05-30 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzxoiew/', 'Haha this reply to some simple quick maths. Simmer down, pal.', 'nnxj65']]], ['u/WSBCryptoTeam', 'SafeBTC has evolved to SafeCity', 49, '2021-05-30 00:26', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/', 'SAFECITY\n\nIntroducing SafeCity\n📈 A protocol that rewards holders 2% per transaction and 2% towards SafeChange Charity! Another 2% is automatically burned and 2% to the liquidity locking forever. \n\n📈 SafeCity generates yield by applying a tax of 8% on every transaction splitting that instantly among token holders, charity, burn and the liquidity pool.\n\n📈 SafeCity is a deflationary token with an ever reducing supply whilst holders earn 2% of every transaction that takes place.\n\nTokenomics:\n78.5% is allocated for the presale\n20.0% will be used as liquidity for major exchanges such as Kucoin\n1.5% Dev/Marketing funds (Burning All Team Tokens at 2,500 holders)\n\nCOMMUNITY UPDATE\n\n🚀 CMC 🚀\n\n✅ CMC application has been sent off. We contacted them on twitter and are yet to hear back from them but as soon as we know you will know.\n\n🚀 BSCScan.com & Trustwallet 🚀\n\n✅ Logo and prices will be applied for on BSC Scan the moment we hit 2,500 holders. Trust wallet is in progress.\n\n🚀 CoinGecko 🚀\n\n✅ CG application also sent off. We are yet to hear back from them on twitter but as soon as we know you will know.\n\n🚀 SafePal Wallet & Bogged Logo🚀\n\n✅ SafePal wallet application complete to reflect our logo and price. Logo also applied for on Bogged.Finance\n\n🚀 Marketing and Promo 🚀\n\n✅ We are in talks with various people to market this project to the masses, including some YouTubers and TikTok influencers. We shall share exciting updates soon!\n\nSafeCity - SafeCity is the first mixed reality multiverse that brings the pleasures of virtual reality in tandem with a real world experience, physical item or activation. All are welcome here in SafeCity - we look forward to having you.\n\nWebsite: https://www.safe.city\n\nTwitter: https://twitter.com/SafeCityOfficial\n\nTelegram: https://t.me/safecitytoken\n\nDiscord: https://discord.gg/DAEtJQ8pC\n\nInstagram: https://Instagram.com/safecityy \n\nReddit: https://Reddit.com/r/SafeCity \n\nContract address: https://bscscan.com/address/0x1730a0ca9de632b0b6c232ebb972cb0851ffc6bf\n\n0x1730a0ca9de632b0b6c232ebb972cb0851ffc6bf\n\nChart: https://charts.bogged.finance/?token=0x1730a0cA9de632B0B6c232EBb972CB0851FFC6Bf\n\nBuy SafeCity on PancakeSwap:\nhttps://exchange.pancakeswap.finance/#/swap?inputCurrency=0x1730a0ca9de632b0b6c232ebb972cb0851ffc6bf', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/', 'nnxr27', [['u/PasswOrdPr0', 14, '2021-05-30 01:09', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/gzx58ax/', 'Stop this Scam.!!', 'nnxr27'], ['u/jayk477', 13, '2021-05-30 03:20', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/gzxigln/', 'fuck off', 'nnxr27'], ['u/MrFiber81', 12, '2021-05-30 05:09', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/gzxt3oh/', 'This is a scam everyone be careful 💀', 'nnxr27']]], ['u/_Dont_Quote_Me_', "What's with the HATRED of Crypto outside?", 100, '2021-05-30 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/', "Hey all,\n\nSo I saw a post on /r/politics and /r/news where some discussions led to crypto / bitcoin. A poster explained how excited he was for bitcoin / crypto / blockchain tech and was absolutely downvoted into oblivion and harassed.\n\nHe made a great argument that Blockchain tech and Crypto is like 1990s internet - we have no clue what the hell is going to happen. Nope, no one cared, just insults and downvotes.\n\nSo, here's my question - why do people have such a visceral reaction to crypto and blockchain tech? Like, I can't figure it out. It's such a harmless thing that's so easy to support or even be passively neutral about, but it takes such effort to rage and be so hostile towards it!\n\nI tried to step in and explain with a more 'dumbed down' explanation - explaining how the tech is immature, we don't know where it'll be in 5-10 years, let alone 20-30, but that it is being used in places like real estate and healthca-- nope, just more mocking and negativity.\n\nSo, where is all of this vitirol coming from and how can we stop it or change people's minds?", 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/', 'nnxrwu', [['u/surgerix', 93, '2021-05-30 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx0xuh/', "People like to hate on things they don't understand.", 'nnxrwu'], ['u/Small_Frame1912', 73, '2021-05-30 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx13v4/', 'A) its one of those niche "hobbies" where people have been annoying about it to the point where the visceral reaction is to get annoyed\n\nB) people still dont get it and think its some scam quackery', 'nnxrwu'], ['u/Rwh221', 54, '2021-05-30 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx16ic/', "Because they know they missed out and people hate other people's success.", 'nnxrwu'], ['u/shpingle_shpangle', 20, '2021-05-30 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx1b9m/', 'C) All of the above', 'nnxrwu'], ['u/Eldeanio100', 12, '2021-05-30 00:33', 'https://www.reddit... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['RADNOR, Pa., May 30, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ: EBON) (“Ebang”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Ebang on behalf of those who purchased or acquired Ebang securities between June 26, 2020 and April 5, 2021 , inclusive (the “Class Period”). Lead Plaintiff Deadline: June 7, 2021 Website: https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang Contact: James Maro, Esq. (484) 270-1453 Adrienne Bell, Esq. (484) 270-1435 Toll free (844) 887-9500 Ebang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines. The complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang’s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang’s operations; (2) Ebang’s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang’s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang’s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants’ positive statements about Ebang’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Ebang investors may, no later than June 7, 2021 , seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com . Story continues CONTACT: Kessler Topaz Meltzer & Check, LLP James Maro, Jr., Esq. Adrienne Bell, Esq. 280 King of Prussia Road Radnor, PA 19087 (844) 887-9500 (toll free) [email protected] View comments', 'RADNOR, Pa., May 30, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ: EBON) (“Ebang”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Ebang on behalf of those who purchased or acquired Ebang securitiesbetween June 26, 2020 and April 5, 2021, inclusive (the “Class Period”).\nLead Plaintiff Deadline:June 7, 2021\n[{"Website:": "", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": ""}, {"Website:": "Contact:", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": "James Maro, Esq. (484) 270-1453"}, {"Website:": "", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": "Adrienne Bell, Esq. (484) 270-1435"}, {"Website:": "", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": "Toll free (844) 887-9500"}]\nEbang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines.\nThe complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang’s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang’s operations; (2) Ebang’s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang’s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang’s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants’ positive statements about Ebang’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.\nEbang investors may,no later than June 7, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.\nKessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visitwww.ktmc.com.\nCONTACT:\nKessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)[email protected]', 'Asia-Pacific stock market investors are hoping for follow-through buying after last week’s strong performance ahead of Monday’s opening. Investors will get the opportunity to react to Friday’s U.S. inflation data that was released after the Asian market close. However, volume could be on the light side due to the U.S. Memorial Day holiday. Investors will have the opportunity to react to the release of China’s official manufacturing Purchasing Managers’ Index for May, which could be a market-moving event. In the cash market last week, Japan’s Nikkei settled at 29149.41, up 831.58 +2.94%. South Korea’s KOSPI Index finished at 3188.73, up 32.31 or +1.02% and Hong Kong’s Hang Seng Index closed at 29124.41, up 665.97 or +2.34%. China’s Shanghai Index settled at 3600.78, up 114.22 or +3.28% and Australia’s S&P ASX/200 Index finished at 7179.50, up 149.20 or +2.12%. China Securities Regulator Paying Great Attention to Commodity Price Fluctuations The China Securities Regulatory Commission (CSRC) pays great attention to commodity price fluctuations and has been cracking down on irregularities in the futures market, it said on Friday, amid worry about higher prices being passed on to consumers, Reuters reported. “CSRC will help manage commodity prices in coordination with other government bodies,” CSRC spokeswoman Gao Li told a media briefing. The assurance comes after commodity prices touched record highs in recent weeks raising concerns in Beijing. Regulators have repeatedly pledged tougher inspections of physical and derivatives markets, and crackdowns on speculation and hoarding. China Stocks Post Best Week in Three months on Easing Inflation Fears, Yuan Strength China stocks slipped on Friday, but posted their best week in more than three months as inflation and policy tightening worries faded and strong Yuan boosted foreign inflows into the country’s equities market. Hong Kong Stocks End Flat, Post Best Week in over Three Months Hong Kong stocks ended flat on Friday, as gains in resources firms were offset by losses in tech and healthcare companies, but posted their best week in more than three months as inflation fears fade. Story continues Traders attributed the week’s rally to easing worries over inflation as Beijing vowed to curb significant price gains in the commodities market. South Korea Stocks Rise in Auto Strength, Upbeat US Data; Post 1% Weekly Gain South Korean shares rose on Friday, logging their biggest weekly jump in three, led by tech heavyweights, as upbeat data from the United States supported recovery momentum. South Korea’s May exports are expected to have risen at their quickest pace in over three decades, a Reuters poll showed, thanks to strong global demand for the nation’s major products – semiconductors, cars and petroleum products. Foreigners were net buyers of 140.1 billion won ($125.6 **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: 2021-05-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $652,888,186,650 - Hash Rate: 147526659.02062267 - Transaction Count: 226469.0 - Unique Addresses: 599311.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.18 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SHANGHAI (Reuters) -Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money. Compared with a previous ban issued in 2017, the new rules greatly expanded the scope of prohibited services, and judged that "virtual currencies are not supported by any real value". WHAT ARE THE NEW MEASURES? Three financial industry associations on Tuesday directed their members, which include banks and online payment firms, not to offer any crypto-related services, such as account openings, registration, trading, clearing, settlement and insurance, reiterating the 2017 ban. But the new ban, which was posted by the People's Bank of China (PBOC), also covers services that were not previously mentioned. For example, it made clear that institutions must not accept virtual currencies, or use them as a means of payment and settlement. Nor can institutions provide exchange services between cryptocurrencies and the yuan or foreign currencies. Additionally, institutions were prohibited from providing cryptocurrency saving, trust or pledging services and issuing crypto-related financial products. And virtual currencies must not be used as investment targets by trust and fund products. Banks and payment companies were also urged to step up monitoring of money flows involved in cryptocurrency trading, and coordinate more closely in identifying such risks. The directives were made in a joint statement from the National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China. WHAT WERE EARLIER RULES IN CHINA AGAINST CRYPTOCURRENCIES? China does not recognise cryptocurrencies as legal tender and the banking system does not accept cryptocurrencies or provide relevant services. In 2013, the government defined bitcoin as a virtual commodity and said individuals were allowed to freely participate in its online trade. However, later that year, financial regulators, including the PBOC, banned banks and payment companies from providing bitcoin-related services. In September 2017, China banned Initial Coin Offerings (ICOs) in a bid to protect investors and curb financial risks. The ICO rules also banned cryptocurrency trading platforms from converting legal tender into cryptocurrencies and vice versa. The restrictions prompted most such trading platforms to shut down with many moving offshore. The ICO rules also barred financial firms and payment companies from providing services for ICOs and cryptocurrencies, including account openings, registration, trading, clearing or liquidation services. Story continues By July 2018, 88 virtual currency trading platforms and 85 ICO platforms had withdrawn from the market, the PBOC said. WHY HAS CHINA TIGHTENED REGULATION? The global bitcoin bull run has revived cryptocurrency trading in China. Tuesday's industry directive warned speculative bitcoin trading had rebounded, infringing "the safety of people's property and disrupting the normal economic and financial order." Many Chinese investors were now trading on platforms owned by Chinese exchanges that had relocated overseas, including Huobi and OKEx. Meanwhile, China's over-the-counter market for cryptocurrencies has become busy again, while once-dormant trading chartrooms on social media have revived. China-focused exchanges, which also include Binance and MXC, allow Chinese individuals to open accounts online, a process that takes just a few minutes. They also facilitate peer-to-peer deals in OTC markets that help convert Chinese yuan into cryptocurrencies. Such transactions are made through banks, or online payment channels such as Alipay or WeChat Pay. Retail investors also buy "computing power" from cryptocurrency miners, who design various investment schemes that promise quick and fat returns. Meanwhile, cryptocurrencies' potential threat to China's fiat currency, the yuan, has spurred the PBOC to launch its own digital currency. WHAT'S THE IMPACT OF THE CRACKDOWN? The fresh crackdown makes it more difficult for individuals to buy cryptocurrencies using various payment channels, and could impact miners' business by making it harder for them to exchange cryptocurrencies for yuan. But banks and payment companies also face challenges of identifying money flows related to cryptocurrencies. Winston Ma, NYU Law School adjunct professor and author of the book "the Digital War", said the new rules were designed to completely cut crypto-related transactions out of China's financial systems, and expects the government to roll out new regulations targeting crypto assets. Hong Kong's Bitcoin Association said in a tweet in response to China's reiterated ban: "For those new to bitcoin, it is customary for the People's Bank of China to ban bitcoin at least once in a bull cycle." (Reporting by Andrew Galbraith and Samuel Shen; Editing by Sam Holmes and Hugh Lawson) View comments... - Reddit Posts (Sample): [['u/anonbitcoinperson', 'A tip from a 2013 crypto veteran: Stick to your exit plan ;)', 307, '2021-05-31 00:01', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/', "In 2013 I started to get involved in BTC. I started realizing that I wanted financial sovereignty and freedom from the banks and my government. I figured out that the only way to do this was to take the fiat exit. So I exited from all euro and USD based investments and/or holdings. I transferred my entire net worth into BTC and then into other cryptos. While 2015 was a wild ride down into a deep bear market **I knew that I should stick to my exit plan no matter what and not buy back any fiat**. When you make an exit plan, and you stick to, you will be rewarded. Not only with crypto riches, but you will be rewarded with the satisfaction that you exited a horribly rigged surveillance heavy system of financial oppression. **No more fiat for me and I'm sticking to this exit plan no matter what**. \nFor those curious, yes I have my 99,9% of my net worth all in crypto and have had it that way since 2015. I do keep a tiny sum of fiat in a bank account to be able to pay for things like visas to other countries, or to pay for things I can't buy with crypto (which these days isnt that much). I never transfer large sums of money through this legagy system. Also since I bought all my BTC and other cryptos off exchanges and with no KYC, and I sell it for cash when I need to in face to face anonymous transactions... Well you get the idea. \n \n.\n \nEDIT1 to the down-voting bank bois: if you don't like my exit strategy tell me why instead of just mechanistically down-voting any post that isnt pro-FIAT, pro government or pro banks. I'm living the dream that crypto promises, not the nightmare that fiat guarantees. \n \n.\n \nEdit2: For those that think I'm living some life in the shadows I say this : **I live a life of leisure, I follow my passions and spend a lot of time volunteering for the betterment of humanity and nature.** Do I have a a huge mansion with lambos ? While I could afford them, I wouldn't sacrifice my freedoms to be a slave of the FIAT regime and a slave to my possessions.\nI have interests in art and I have hobbies that I have as much time for as I want and basically unlimited resources to make them happen. I can get my friends and loved ones gifts and help them out with cash when they need it. When I do have a partner I can spend as much time with them as I want and there is no money constraints as far as travel or entertainments goes. I wouldn't say I am in the shadows, I'm more trying to stay off the radar. Crypto helps me do all of that. So yea there are things that I can't do, but there is so much more that I can.\n\n.\nEDIT 3 https://old.reddit.com/r/CryptoCurrency/comments/m1yuqp/crypto_and_its_potential_to_transform_certain/)", 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/', 'nolq6p', [['u/DaveinOakland', 16, '2021-05-31 00:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00op51/', "See y'all in 2024", 'nolq6p'], ['u/firebol23', 163, '2021-05-31 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00ow86/', 'Man you are like a bitcoin elder. One of the ancients.', 'nolq6p'], ['u/BeyondExistenz', 21, '2021-05-31 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00owbo/', 'Excellent report from a true vet who you can tell knows his shit.', 'nolq6p'], ['u/Benderineurope', 17, '2021-05-31 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00pm9n/', 'One should always have a plan', 'nolq6p'], ['u/anonbitcoinperson', 31, '2021-05-31 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00qadi/', 'Everyone has a plan until they get punched in the face', 'nolq6p'], ['u/Gordoniyke', 21, '2021-05-31 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00qiak/', 'Using crypto for its originally intended purpose', 'nolq6p'], ['u/Caddywhompp', 11, '2021-05-31 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00s7i4/', "Not the kind of exit plan I had in mind, but I'm all aboard!", 'nolq6p'], ['u/storyofacow', 20, '2021-05-31 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00tezd/', "What's an exit strategy?", 'nolq6p'], ['u/anon43850', 13, '2021-05-31 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00tq9r/', 'My exit plan starts as soon as I can buy an own apartment / house with my crypto savings', 'nolq6p'], ['u/valuemodstck-123', 36, '2021-05-31 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00v0zd/', 'We are not worthy.', 'nolq6p'], ['u/groc613', 21, '2021-05-31 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00vam1/', 'Honestly, I don’t get it. So, you moved all your net worth into the shadow and now you lay low to avoid being noticed by governments for some idea of escaping “financial oppression “. How the f*ck is that a better way to live? Thanks but no thanks.', 'nolq6p'], ['u/anonbitcoinperson', 10, '2021-05-31 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00vjzi/', 'actually even then you wont have to exit: \n \nhttps://old.reddit.com/r/CryptoCurrency/comments/mnq1qj/never_sell_your_btc_to_buy_a_house_pay_off_a/', 'nolq6p'], ['u/groc613', 12, '2021-05-31 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h011b81/', 'I respect the life you chose for yourself. Though, I hope the folks don’t fall for the premise that with bitcoin somehow they can avoid “financial surveillance”. Transactions on blockchain CAN be traced. My morales align with following the laws on the land I live in. If they didn’t align, I would move to the country where the laws are different.\n\nAnyway, the great thing about crypto is that it offers are options within whatever path we choose to follow.', 'nolq6p'], ['u/ADD-DDS', 34, '2021-05-31 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h017uz5/', 'Something flight attendants are always talking about. I usually just put headphones in so I have no idea', 'nolq6p'], ['u/Pinky_DLobster', 27, '2021-05-31 03:23', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01a5kv/', 'My plan was to get punched in the face ✅', 'nolq6p'], ['u/GaRGa77', 12, '2021-05-31 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01apzu/', 'Cool story bro...', 'nolq6p'], ['u/Myk970', 11, '2021-05-31 03:47', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01cn58/', "As a noob who is more and more worried about how tax is going to affect me, can I ask; what has your experience been like when it comes to tax? I assume you're in the States so it may be a little different than it is for me (I'm in Aus).", 'nolq6p'], ['u/Ankel88', 10, '2021-05-31 05:05', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01knxp/', 'A Guy won the lottery 10 years ago with no real merits and now is teaching others the way to live a meaningless life.\nThank you! lol', 'nolq6p'], ['u/RyanKinder', 11, '2021-05-31 06:03', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01q887/', 'The whole crowd clapped for him when he announced he was living off the grid.', 'nolq6p'], ['u/targrimm', 19, '2021-05-31 07:47', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01z2fc/', "It's been a while since I've seen such an arrogant flex.", 'nolq6p']]], ['u/WilliamBott', 'Report Shows Over $2B Worth Of Bitcoin Bought During The Dip', 58, '2021-05-31 00:31', 'https://www.reddit.com/r/theta_network/comments/nomb6z/report_shows_over_2b_worth_of_bitcoin_bought/', "Just as I expected, the whales are gobbling up Bitcoin and accumulating, with a nice chunk around the $30,000 support level. I've talked about the Wyckoff accumulation with Bitcoin hovering between ~$29,000 and ~$41,000 for the next few months. Let's see if it holds true.\n\nAnd as Bitcoin (and other crypto coins) are all accumulated, the price will be driven up eventually. It's very exciting!\n\nI can't link to the article but I pasted the exact title of the article above. Google it and you'll see it. 😊", 'https://www.reddit.com/r/theta_network/comments/nomb6z/report_shows_over_2b_worth_of_bitcoin_bought/', 'nomb6z', [['u/-DannyDorito-', 14, '2021-05-31 01:01', 'https://www.reddit.com/r/theta_network/comments/nomb6z/report_shows_over_2b_worth_of_bitcoin_bought/h00v923/', 'I’m just waiting for another pay check to roll in. Going to add to theta', 'nomb6z']]], ['u/meshflesh40', '2019 bear market strategy+results', 20, '2021-05-31 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/nomba1/2019_bear_market_strategyresults/', "Ok so in 2017-2018 i lost $30k fomo'ng into the bullrun late and getting emotionally attached to altcoins and riding them -%95(neo). \n\nI didnt recover financially until mid 2019. Later that year, I decided to re enter the crypto space with 0 emotion and strict rules.... 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. - May 31, 2021) - Bluesky Digital Assets Corp. (CSE: BTC), (CSE: BTC.PR.A), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it has completed and filed onto SEDAR the Corporation\'s audited annual financial statements for the year ended December 31, 2020, the related management\'s discussion and analysis, and the related CEO and CFO certificates for the year ended December 31, 2020.\nThe delay of the completion and the filing of the Audit was primarily caused due to the Covid-19 stay at home order enacted by the Province of Ontario in April of this year.\nDue to the delay in the filing of the Corporation\'s 2020 Audited financial statements, the Corporation will also be late in the filing of its interim financial statements for the three month period ended March 31, 2021 and the associated management\'s discussion and analysis (collectively the "Q1 2021 Filings").\nThe Corporation is currently under a Management Cease Trade Order "MCTO" which expires on June 15, 2021, and will remain under the MCTO until the Corporation is up to date in its mandatory financial reporting requirements. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities however the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Corporation affecting all of the securities of the Corporation.\nThe Corporation anticipates completing the Q1 2021 Filings before June 15, 2021. Until the Q1 2021 Filings have been filed, the Corporation intends to continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 by issuing bi-weekly default status reports in the form of further press releases, which will also be filed on SEDAR.\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 proprietary technology solutions. 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 Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to scale.\nFor more information please visit Bluesky at:https://www.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.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/85969', 'Toronto, Ontario--(Newsfile Corp. - May 31, 2021) - Bluesky Digital Assets Corp. (CSE: BTC), (CSE: BTC.PR.A), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it has completed and filed onto SEDAR the Corporation\'s audited annual financial statements for the year ended December 31, 2020, the related management\'s discussion and analysis, and the related CEO and CFO certificates for the year ended December 31, 2020. The delay of the completion and the filing of the Audit was primarily caused due to the Covid-19 stay at home order enacted by the Province of Ontario in April of this year. Due to the delay in the filing of the Corporation\'s 2020 Audited financial statements, the Corporation will also be late in the filing of its interim financial statements for the three month period ended March 31, 2021 and the associated management\'s discussion and analysis (collectively the "Q1 2021 Filings"). The Corporation is currently under a Management Cease Trade Order "MCTO" which expires on June 15, 2021, and will remain under the MCTO until the Corporation is up to date in its mandatory financial reporting requirements. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities however the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Corporation affecting all of the securities of the Corporation. The Corporation anticipates completing the Q1 2021 Filings before June 15, 2021. Until the Q1 2021 Filings have been filed, the Corporation intends to continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 by issuing bi-weekly default status reports in the form of further press releases, which will also be filed on SEDAR. 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 proprietary technology solutions. 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 Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. Story continues For more information please visit Bluesky at: https://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 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. - 30 - To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85969 View comments', 'The world’s two largest cryptocurrencies by market capitalization,bitcoinandether, have rebounded from seven-day lows.\nBitcoin was up 8.8% over the past 24 hours, having clawed back more than $3,000 from May 31 lows near $34,200. At press time the price was around $37,200. The move marks bitcoin’s biggest daily gain in a week.\nEther surged 15% over the previous 24 hours, also the most in a week, extending the rally from May 23 lows to find a footing above $2,670.\nRelated:Bitcoin Price, Foreign ASIC Demand Drive Profitable Q1 for Miner Producer Canaan\n“We’ve seen our institutional clients express nothing but increased interest in strengthening their long-term positions during this time,” said Gunnar Jaev, COO at First Digital Trust, a digital-asset trust and custodian. “The movement is bullish.”\nThe price increases came amid fresh reports theReserve Bank of India(RBI) issued acircularon Monday stating commercial banks under its purview cannot cite the reserve bank’s 2018 ban.\nThat ban initially denied customers involved in digital assets access to traditional banking services. The ban was then quashed by the country’s supreme court last year.\nPri **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: 2021-06-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $675,915,871,050 - Hash Rate: 148572947.38247102 - Transaction Count: 234561.0 - Unique Addresses: 615006.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Austin, Texas-based cryptocurrency mining firm Blockcap mined 544bitcoinin Q1, an earnings report revealed exclusively to CoinDesk shows. Meanwhile, rival Riot, one of the largest publicly traded miners in North America, mined 491 bitcoin in the same period,per Securities and Exchange Commission filings. Blockcap’s haul follows the company’s $38 million funding round andits acquisition of 32,000 Bitmain ASICs, and Riot’s comes after the miner inked a deal for49,000 ASICsfrom Bitmain in the beginning of April. Some of these mining machines are online but the bulk are not, as both Blockcap and Riot will continuing placing news ASICs online as these shipments are fulfilled throughout the year. Publicly traded Marathon Patent Group, another mainstay on North America’s mining scene, pulled in196 BTCin Q1 of this year. Related:China Calls Crypto an ‘Investment’; Crypto Demand Bounces Back in Asia Each of these companies have been buying up mining rigs in a race to expand as North American investor appetite for Bitcoin’s mining has never been greater. These mining companies, along with others like Luxor and newcomer Gryphon, have grown significantly over the past year. The United States and Canada now share anywhere from 10%-15% of Bitcoin’s global hashrate, a trend that could continue with investment dollars pouring into North American mining firms. “Blockcap has an aggressive growth strategy that is designed to create more jobs in the blockchain industry not just in the United States but also in our home state of Texas and our hometown of Austin,” Blockcap founder and Chairman Darin Feinstein said. “We believe there is ample room for all of us to expand together and in turn provide broader, sustained economic growth at the local, state and national levels.” An important piece of this growing industry, ASIC manufacturing, just touched down on the continent in the last year with ePIC, an ASIC manufacturerfresh off a $7 million series Afunding round. Related:Bitcoin ETF From 3iQ and CoinShares, Canada's 4th, Begins Trading on TSX “North America could be a mining powerhouse but three key pieces need to come together for that to happen,” Henry Quan, CEO of ASIC maker ePIC, said. “There’s a lot of cheap energy here, commercial miners and a favorable political climate, so that’s the first thing. Mining pools are another piece, which we have with Luxor and DCG. And now, we have the third piece with ePIC and ASIC manufacturing.” (DCG is the parent company of CoinDesk.) Publicly traded Marathon Patent Group, another mainstay on North America’s mining scene, pulled in196 BTCin Q1 of this year. Each of these companies have been buying up mining rigs in a race to expand as North American investor appetite for Bitcoin’s mining has never been greater. • Blockcap Mined 544 Bitcoin in Q1 While Riot Yielded 491 • Blockcap Mined 544 Bitcoin in Q1 While Riot Yielded 491... - Reddit Posts (Sample): [['u/LullSiSH', 'My answer to people asking "if hedera is so good, why arent they famous?"', 54, '2021-06-01 00:05', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/', 'This is from my understanding of all the research ive done \nhedera still in baby form, all investors dont want this in the eyes of everyone yet\n\nwhy? cause there is still just a small amount of HBARS out right now, around 16-17% \n\nbig investors and the entire enterprise network around hedera are just accumilating \nand dont want high competition for a low price of the 260 mil HBARS that is getting released every month \n\n\nit is intentionall to not hard push hedera for the public, yet. \n\n\nthey rather just accumilate and let a couple of billion more coins to get released without competition \n\n\nthey have called themselves a 100 year company, its no rush compared to a hype coin that need it to go high now before the hype dies out. \n\n\nalso my take on HBAR success and why it will go well, a worst case scenario is, IF, and really big on the "IF", the crypto space dont want something new like hedera, cause they dont want their bitcoin or eth etc to die, HBAR will gain price by the enterprise sector alone, all enterprises transactions and use cases. and with the hedera network enterprises that build on it and the council etc, will have a quite big % of the HBARS, their intrest will ofcourse be to HBAR to succedd aswell. and with some market manipulation i think if they want to, if it comes to their intrest. they can make hedera famous.', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/', 'npem8i', [['u/MyNameIsRobPaulson', 18, '2021-06-01 02:01', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/h04y27l/', 'The whole goal of investing is to find a valuable asset before the masses do and the money starts flowing in. It could just be that this is just a solid opportunity.', 'npem8i'], ['u/jeeptopdown', 12, '2021-06-01 03:33', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/h058bdj/', 'Everyone has a plan until they get punched in the face. - Mike Tyson', 'npem8i']]], ['u/JazzyJayKarr', 'Let’s all stop and take a minute to realize what’s going on...', 313, '2021-06-01 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/', 'With the market tanking these last couple of weeks, I just want everyone to take a step back and see what’s really going on. \n\nWhat’s going on is that every single one of you is in the greatest market of all time. Yes we just experienced a major down trend, but seriously people...consider yourself lucky that you got to start in the infancy of crypto. Don’t think it’s the infancy? Here’s some stats for you. \n\nThe FAANG stocks market caps. \n\n1. Facebook $932.1 BILLION\n2. Apple $2.13 TRILLION\n3. Amazon $1.63 Trillion\n4. Netflix $222.95 Billion\n5. Google $1.62 Trillion \n\nFor a grand total of $6.535 Trillion!\n\nNow let’s look at the top 5 Crypto\n\n1. Bitcoin $694 billion\n2. Ethereum $306 billion\n3. Cardano $54 Billion\n4. BNB $53 Billion\n5. XRP $46 Billion\n\nFor a whopping grand total of $1.153 Trillion\n\nThat’s over 6X less than FAANG’s market cap. Btw FAANG’s aren’t even the top 5. If we do the actual top 5 (AAPLE, Microsoft, Amazon, Google & Facebook) you get over $8 Trillion dollars!! \n\nYes I know stocks aren’t the same as crypto. Let’s take a look at precious metals now. \n\n1. Gold $12.129 Trillion\n2. Silver $1.538 Trillion\n3. Palladium $495 Billion\n4. Platinum $297 Billion\n\nAlready we are at $14.459 Trillion for just the top 4. So precious metals top 5 are over 14X more than crypto’s top 5. \n\nSo now we can all agree that there is still A TON of upside left. There is no way this is the top. Do not fear buying at these levels (my opinion). \n\nNext take a moment to realize that the crypto market is ALWAYS open! You can literally trade your crypto whenever you want. This is a day traders dream come true! Three day holiday weekend? You don’t have to wait a single second (unless your Coinbase app is frozen). How lucky are we that we can trade crypto 24/7/365?! \n\nAnd the one week killer bear/bull markets. Just this month we saw bitcoins price fall by more than 50% in a 10 day period!!! Can you say fire sale?! And let’s not forget coins double in value almost every day! This market is literally a rags to riches (or riches to rags) real life event. \n\nHow many poor college students bought a few hundred dollars worth of DOGE in 2020 at .003 cents to see it go to over $0.70 in less than 6 months! That’s a 233X. One dollar invested would equal $233. Or $100 invested would net $23k!! \n\nOh and I don’t get me started on all these super cool, FREE (minus taxes) airdrops. People who used uniswap got a whopping 400 free tokens (two weeks ago that would have been worth $16k). FO FREE?!?! What the heck is going on?! In the next month or two we should see another MAJOR airdrop for XRP holders (Flare Networks). This stuff is free money just for holding coins. \n\nBUT WAIT...There’s more! Are you sick and tired of getting less than 1% interest on your savings account? Well crypto’s got your back. There are coins that offer over 10% apy staking rewards. Wooooah! And apps like Crypto.com, Celsius, and many others that will pay you interest for most coins, just for having them in the app. Talk about a savings account on STEROIDS! \n\nI could go on all day long. This is an awesome time to be in an awesome market. Consider yourself very lucky and HODL on for your life! \n\nTLDR: We are still in the infancy of crypto. With 24/7 trading, airdrops, crazy volatility and great staking rewards, the crypto market is by far the coolest market out there. Consider yourself lucky!', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/', 'npf99a', [['u/48323979853562951413', 22, '2021-06-01 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04qx9k/', 'Very sober perspective. No one can deny Crypto is the biggest opportunity of the century, debate as they may whether the opportunity will come to fruition.', 'npf99a'], ['u/yaggernaut', 60, '2021-06-01 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04rebc/', 'Stocks and crypto are very very different things since one had positive cashflow and the latter is a speculative asset. If anything you show how overvalued some cryptos are.', 'npf99a'], ['u/fighting_falcon', 130, '2021-06-01 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04s5qf/', 'Crypto is too techie for many rich old people to enter. They still prefer stocks. If they enter in droves the market will skyrocket to the moon as never seen before.', 'npf99a'], ['u/DenverNuggetz', 146, '2021-06-01 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04sk54/', 'Comparing stocks to crypto to precious metals is like comparing cows, tornados, and adverbs. They aren’t alike at all; the comparison is nonsensical.\n\nIt’s like comparing the real estate market to pork belly futures and FOREX.', 'npf99a'], ['u/nthgen', 21, '2021-06-01 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04thtn/', 'Pure, uncut hopium, pulled right from a fresh batch of green candles.\n\nFirst time is free.', 'npf99a'], ['u/JazzyJayKarr', 34, '2021-06-01 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04tu26/', 'They do enter by other ETF’s or companies. If you invest in square, PayPal, ARKK then you are investing in crypto', 'npf99a'], ['u/Canada_Coins', 21, '2021-06-01 01:24', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04u3tq/', 'It is definitely not too late to get into crypto. In a few years people will wish they had been able to buy at the current prices.', 'npf99a'], ['u/yaggernaut', 14, '2021-06-01 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04uarw/', 'Where do you think staking rewards come from? Without a working product producing revenue, they are just diluting your share (inflation, in other words)\n\nMany companies also make billions of dollars a year (all the ones you cited in the text do) and taking a loss in the books is a growth or tax avoidance strategy.', 'npf99a'], ['u/chubbyurma', 13, '2021-06-01 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04uteu/', 'Best opportunity *so far*.', 'npf99a'], ['u/Cleafonreddit', 12, '2021-06-01 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04uxcr/', 'much perspective very sober', 'npf99a'], ['u/oshinbruce', 20, '2021-06-01 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04vryw/', "Its interesting to post the valuation. Honestly its something I struggle with crypto, its really hard to compare. People argue cryptos don't post earnings and they are speculative. The same people would buy tesla, who have very small earnings in comparison to there stock value. In the end modern investment is on future potential, so buying tesla at $800 doesn't seem anything worse than $50k btc. When I see what smart contracts can do, and the fact the cryptos under act as the fees I get really excited for the future", 'npf99a'], ['u/TrippnThroughTime', 18, '2021-06-01 02:11', '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:** ['RADNOR, PA / ACCESSWIRE / June 1, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ:EBON) ("Ebang") investors that a securities fraud class action lawsuit has been filed against Ebang on behalf of those who purchased or acquired Ebang securities between June 26, 2020 and April 5, 2021 , inclusive (the "Class Period"). Lead Plaintiff Deadline: June 7, 2021 Website: https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang Contact: James Maro, Esq. (484) 270-1453 Adrienne Bell, Esq. (484) 270-1435 Toll free (844) 887-9500 Ebang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines. The complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang\'s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang\'s operations; (2) Ebang\'s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang\'s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang\'s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants\' positive statements about Ebang\'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Ebang investors may, no later than June 7, 2021 , seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member\'s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Story continues Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com . CONTACT: Kessler Topaz Meltzer & Check, LLP James Maro, Jr., Esq. Adrienne Bell, Esq. 280 King of Prussia Road Radnor, PA 19087 (844) 887-9500 (toll free) [email protected] SOURCE: Kessler Topaz Meltzer & Check, LLP View source version on accesswire.com: https://www.accesswire.com/649978/EBON-DEADLINE-Kessler-Topaz-Meltzer-Check-LLP-Reminds-Investors-of-Ebang-International-Holdings-Inc-Of-Deadline-in-Securities-Fraud-Class-Action-Lawsuit', 'RADNOR, PA / ACCESSWIRE / June 1, 2021 /The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ:EBON) ("Ebang") investors that a securities fraud class action lawsuit has been filed against Ebang on behalf of those who purchased or acquired Ebang securitiesbetween June 26, 2020 and April 5, 2021, inclusive (the "Class Period").\nLead Plaintiff Deadline:June 7, 2021\nWebsite:https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang\nContact:James Maro, Esq. (484) 270-1453Adrienne Bell, Esq. (484) 270-1435Toll free (844) 887-9500\nEbang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines.\nThe complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang\'s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang\'s operations; (2) Ebang\'s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang\'s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang\'s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants\' positive statements about Ebang\'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.\nEbang investors may,no later than June 7, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member\'s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.\nKessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visitwww.ktmc.com.\nCONTACT:Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)[email protected]\nSOURCE:Kessler Topaz Meltzer & Check, LLP\nView source version on accesswire.com:https://www.accesswire.com/649978/EBON-DEADLINE-Kessler-Topaz-Meltzer-Check-LLP-Reminds-Investors-of-Ebang-International-Holdings-Inc-Of-Deadline-in-Securities-Fraud-Class-Action-Lawsuit', 'By Peter Nurse\nInvesting.com — Australia’s economy expands faster than expected, AMC AMC Entertainment soars and crude continues to push higher. Yet Wall Street looks set to start in a sluggish fashion and the Turkish lira falls to a fresh low. Here\'s what\'s moving markets on Wednesday, June 2nd.\n1. Booming Australia\nIt may be the other side of the planet, but investors could do worse than taking a look at Australia’s economic fundamentals.\nIts economy expanded faster than forecast in the first three months of the year, with itsgross domestic productclimbing 1.8% from the final quarter of 2020, when it rose a revised 3.2%, according to official data. Economists had forecast a first-quarter gain of 1.5%.\n“The economic recovery in Australia is stronger than earlier expected and is forecast to continue,” Reserve Bank of Australia Governor Philip Lowe said Tuesday, after keeping its policies on hold.\nLowe also noted that there would be a news conference after the central bank\'s July 6 meeting, in a departure from its recent procedure, potentially setting the scene for a tapering of its ultra-loose monetary policy as the country\'s economy stages a recovery after plunging into a recession last year.\nAustralia’s rapid rebound has been underpinned by its ability to limit Covid-19 to isolated flare ups, boosting consumer and business confidence, but also by the global demand for the natural resources that the country has in abundance.\nThis was made clear Wednesday when Tesla (NASDAQ:TSLA) announced it expects to spend more than$1 billion a yearon battery raw materials from Australia given the country\'s reliable mining industry and responsible production practices.\nRobyn Denholm, chair of the U.S. carmaker, said Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to benefit as developing supply chains for electric vehicle batteries and the green energy age focus on environmental, social and governance.\n2. Stocks set for muted start; AMC Entertainment in fashion\nU.S. stocks are set to open in a muted fashion Wednesday, following Tuesday’s quiet start to the month and ahead of the crucialemployment reportat the end of the week.\nBy 6:30 AM ET, Dow Jones futures were up 25 points, or 0.1%, S&P 500 futures were 0.1% lower and Nasdaq 100 futures dropped 0.1%.\nThe blue-chip Dow Jones Industrial Average gained just 1%, or 45 points, on Tuesday, while the broad-based S&P 500 broke a three-day winning streak to close just 2 points lower. The tech-heavy NASDAQ Composite dropped 0.1%, for its second losing day in three.\nInvestors are reluctant to move the dial too aggressively this holiday-shortened week, awaiting U.S. jobs data on Friday for confirmation of a solid recovery in the world\'s largest economy.\n“Arguably the soft U.S. jobs report of just a 266k increase in April set the tone for the month of May. This allo **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: 2021-06-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $698,029,427,922 - Hash Rate: 173683868.0668324 - Transaction Count: 250589.0 - Unique Addresses: 663855.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Los Angeles, CA, May 25, 2021 (GLOBE NEWSWIRE) -- (GLOBE NEWSWIRE) -- KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) ("KNOS" or the "Company"), an innovation-driven product development and production company that has significantly changed the way air is moved, filtered, and sterilized announced today that the Company has resolved to distribute to all shareholders, pro-rata, 1 unit of DogeSpac LLC for each share of KNOS held on June 15, 2021. DogeSpac currently owns 600,000,000 (www.dogecoincash.org) Dogecoin Cash (Crypto: DOG) and is designed as a Special Purpose Acquisition Corporation (SPAC) to raise funds to invest in advanced air purification products development. Once DogeSpac has achieved this fund-raising goal, it will provide a first right of refusal for Kronos Advanced Technologies to accept funding at favorable rates over its competitors. DogeSpac is also primarily designed to attract Dogecoin owners as its investors. Kronos is history's first publicly traded Company in the stock market to accept Dogecoin for its products and continues to encourage Dogecoin owners to purchase our revolutionary clean air products as the Company continues to foresee upside potential holding the popular meme coin and has profited substantially from making this calculated bet, although it, along with other major cryptocurrencies, suffered a major sell-off recently. While the dividend will not be registered with the SEC and therefore restricted, on a yet to be determined date in the future, unitholders will have the option to convert their LLC interests into Crypto units that will be tradeable on various Decentralized Cryptocurrency Exchanges such as Uniswap (Ethereum) and Pancakeswap (Binance) Updates on DogeSpac will be available at:www.dogespac.com Customers may purchase our revolutionary air purification products utilizing U.S. Dollars, Dogecoin as well as other cryptos by visiting our shopping portal:https://www.1800safeair.com What Is Dogecoin?(CoinMarketCap.com) "Dogecoin (DOGE) is based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin." About Kronos Advanced Technologies, Inc. The Company was initially founded in 2002 and funded by the U.S. military to develop electrostatic air movers. Eventually, the Company moved into the consumer air purification business. It began operations as a product development company that invented and significantly changed the way air is moved, filtered, and sterilized. Historically, Kronos has focused on developing, marketing, and selling the Company's proprietary air movement and purification technology. Serving the Indoor Air Quality (IAQ) market, Kronos technology uses state-of-the-art high voltage patented processes without the use of traditional porous HEPA filters. Kronos-based products move air silently, filter, sterilize, and purify the air while dramatically reducing energy consumption to half of a 60-watt light bulb. Kronos devices can be variable in shape or size and, therefore, have the potential to be scaled-down for air purification in cars or scaled-up in size for industrial and hazardous gas destruction. The technology is currently being implemented in multiple standalone products for businesses, homes, and vehicles of all types -to move, sterilize and filter air, including removing allergens down to 14.6 nanometers, passing through our patented technology -replacing expensive outdated passive HEPA and other filtration type systems. There are broad ranges of additional markets for standalone and embedded Kronos CORE technology-based devices. Examples of immediately addressable markets include schools, universities, healthcare facilities, operating rooms, manufacturing clean rooms, and the cabins of automobiles and commercial aircraft. Kronos is the first publicly traded Company that accepts DOGE coin as a form of payment for its products, as well as other cryptocurrencies. Recently, the Company filed for a provisional patent involving an innovative protective face mask with antimicrobial and anti-cellphone radiation protection features. The Company is planning to file additional patents to improve its existing technology as well as enter into new market segments but will continue to market air purifiers and other consumer products. The Company is an exclusive distributor and licensee of the latest generation of air purifiers based on the Company's CORE technologies. The Company markets its products as Airdog® and KRONOS® brands. All Kronos products come with Kronos Promise ™ -Your Satisfaction is Guaranteed! Company offices are located in Los Angeles, California. Shopping portal:https://www.1800safeair.com Follow KNOS on Twitter:https://twitter.com/kronosati Follow KNOS on Facebook:https://www.facebook.com/kronosati Follow KNOS on Instagram:https://www.instagram.com/kronos_ati/ Follow KNOS on Youtube:https://www.youtube.com/channel/UCdtrQDt1R26Ulh8v-S-EpJg Follow KNOS on Reddit:https://www.reddit.com/user/Kronos_ATI Follow KNOS on LinkedIn:https://www.linkedin.com/company/kronos-advanced-techngologies-inc Contact us via [email protected] or visithttps://www.kronosati.coorhttps://www.1800SafeAIR.com Disclaimer This news release does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Kronos Advanced Technologies Inc or any other third party regardless of whether such security, product, or service is referenced in this press release. Furthermore, nothing in this press release is intended to provide tax, legal, or investment advice, and nothing in it should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Kronos Advanced Technologies does not represent that the securities, products, or services discussed in this press release are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, security, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You should consult your business advisor, attorney, and/or tax and accounting advisor regarding your specific business, legal, or tax situation. Social Media Disclaimer and Forward-Looking Statements. Kronos Advanced Technologies investors and others should note that we announce material information to the public about the Company through various means, including our website (https://www.kronosati.co/investors), through press releases, OTCmarkets filings, public conference calls, via our corporate Social Media accounts, listed above. We encourage our investors and others to monitor and review the information we make public in these locations as such information could be deemed to be material information. Please note that this list may be updated from time to time. Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the OTC Markets at OTCMarkets.com. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc Phone inquiries:1-800-SAFE-AIR(option #4)... - 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 green-focused blockchain project Chia Network and a journalist who recently started a blog focused on the Bram Cohen-founded company have exchanged legal barbs over whether the website has the right to use the Chia name. Chia has asked journalist Chris Dupres, the founder of thechiaplot.net, to discontinue the use of the company\x92s name because it violates trademark law. Dupres\x92 attorney, Paul Alan Levy from Public Citizen, responded with a fiery letter Wednesday to Chia\x92s head of IP Belle Borovik, insisting the blog name was not misleading. \x93Just how gullible do you expect your customers to be?\x94 wrote Levy in the letter, which was linked to a Dupres\x92 blog post. \x93I daresay that even the proverbial moron in a hurry would be able to recognize, immediately upon visiting The Chia Plot, that this is a website devoted to journalism about your company rather than being sponsored by your company.\x94 Related: Blockchain Payments Platform Chia on an \x91Accelerated Timeline’ to IPO Chia is arguing the unauthorized use of its trademark \x93exposes community members to potential scammers, misleading and confusing them.\x94 The blog is only around two weeks old. On May 25, the project sent a letter to Dupres outlining the concerns over the use of the name \x93Chia\x94 citing the \x93unauthorized use of Chia Network\x92s registered \x85 mark,\x94 or logos. The project subsequently asked Dupres to respond, which he did via Levy, stating he would not back down from the use of the name. \x93Dupres is not going to comply,\x94 wrote Levy, who went on to say Chia had no right to authorize the use of an \x93unregistered\x94 trademark against websites discussing Chia. Related: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report See also: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report Levy also cited 10 years\x92 worth of precedent trademark case law where companies threatening or pursuing legal action had failed. He has given Chia until June 9 to retract its demand that Dupres stop using the name Chia. Story continues Dupres is not willing to keep operating his website subject to the threat of alleged trademark damages. \x93Failing a prompt retraction, a request for waiver of service could well be the next communication you receive on this topic,\x94 wrote Levy. Related Stories Inside Bram Cohen\x92s Proof-of-Work Reinvention Craig Wright\x92s Multibillion-Dollar Bitcoin Trial Moves to Year\x92s End', 'The green-focused blockchain project Chia Network and a journalist who recently started a blog focused on the Bram Cohen-founded company have exchanged legal barbs over whether the website has the right to use the Chia name. Chia has asked journalist Chris Dupres, the founder of thechiaplot.net, to discontinue the use of the company\x92s name because it violates trademark law. Dupres\x92 attorney, Paul Alan Levy from Public Citizen, responded with a fiery letter Wednesday to Chia\x92s head of IP Belle Borovik, insisting the blog name was not misleading. \x93Just how gullible do you expect your customers to be?\x94 wrote Levy in the letter, which was linked to a Dupres\x92 blog post. \x93I daresay that even the proverbial moron in a hurry would be able to recognize, immediately upon visiting The Chia Plot, that this is a website devoted to journalism about your company rather than being sponsored by your company.\x94 Related: Blockchain Payments Platform Chia on an \x91Accelerated Timeline’ to IPO Chia is arguing the unauthorized use of its trademark \x93exposes community members to potential scammers, misleading and confusing them.\x94 The blog is only around two weeks old. On May 25, the project sent a letter to Dupres outlining the concerns over the use of the name \x93Chia\x94 citing the \x93unauthorized use of Chia Network\x92s registered \x85 mark,\x94 or logos. The project subsequently asked Dupres to respond, which he did via Levy, stating he would not back down from the use of the name. \x93Dupres is not going to comply,\x94 wrote Levy, who went on to say Chia had no right to authorize the use of an \x93unregistered\x94 trademark against websites discussing Chia. Related: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report See also: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report Levy also cited 10 years\x92 worth of precedent trademark case law where companies threatening or pursuing legal action had failed. He has given Chia until June 9 to retract its demand that Dupres stop using the name Chia. Story continues Dupres is not willing to keep operating his website subject to the threat of alleged trademark damages. \x93Failing a prompt retraction, a request for waiver of service could well be the next communication you receive on this topic,\x94 wrote Levy. Related Stories Inside Bram Cohen\x92s Proof-of-Work Reinvention Craig Wright\x92s Multibillion-Dollar Bitcoin Trial Moves to Year\x92s End', 'Gold futures are trading flat early Thursday after posting a modest gain the previous session. Despite hitting a five-month high earlier in the week, the trade has been lackluster with some of the major players sitting on the sidelines ahead of Friday’s U.S. Non-Farm Payrolls report . At 02:52 GMT, August Comex gold is trading $1908.10, down $1.80 or -0.09%. Nonetheless, there are major reports on Thursday that could move gold prices. They include ADP Non-Farm Employment Change , Weekly Unemployment Change and ISM Services PMI . Stable U.S. Treasury yields and a sideways U.S. Dollar Index are also helping to hold gold prices in a range this week. Daily August Comex Gold Daily Swing Chart Technical Analysis The main trend is up according to the daily swing chart. A trade through $1919.20 will signal a resumption of the uptrend. A move through $1884.30 will change the main trend to down. The long-term range is $2120.00 to $1678.40. The market is currently trading inside its retracement zone at $1899.20 to $1951.30. The minor range is $1854.40 to $1919.20. Its 50% level at $1886.80 is potential support. The short-term range is $1810.70 to $1919.20. Its 50% level at $1865.00 is additional support. Additional support levels come in at $1838.00, $1822.40 and $1799.30. Daily Swing Chart Technical Forecast The direction of the August Comex gold futures contract on Thursday is likely to be determined by trader reaction to the long-term 50% level at $1899.20. Bullish Scenario A sustained move over $1899.20 will indicate the presence of buyers. If this move is able to generate enough upside momentum then look for the rally to possibly extend into this week’s high at $1919.20. This is a potential trigger point for an acceleration to the upside with the main Fibonacci level at $1951.30 the next likely target. Bearish Scenario A sustained move under $1899.20 will signal the presence of sellers. This could trigger a quick break into $1886.80 to $1884.30. If this fails as support then $1865.00 and $1854.40 will become potential downside targets. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Ramping Sales of Medical Cannabis Critical for Long-Term Growth of Khiron, Says ATB Capital E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4210.00, Weakens Under 4186.25 Why Bitcoin Can Likely Break High in the Coming Weeks FedEx Could Hit New All-Time High on Strong Q4 Earnings Gold Price Prediction – Prices Rise as the Dollar Falters EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 3rd, 2021', 'Gold futures are trading flat early Thursday after posting a modest gain the previous session. Despite hitting a five-month high earlier in the week, the trade has been lackluster with some of the major players sitting on the sidelines ahead of Friday’sU.S. Non-Farm Payrolls report.\nAt 02:52 GMT,August Comex goldis trading $1908.10, down $1.80 or -0.09%.\nNonetheless, there are major reports on Thursday that could move gold prices. They includeADP Non-Farm Employment Change,Weekly Unemployment ChangeandISM Services PMI.\nStable U.S. Treasury yields and a sideways U.S. Dollar Index are also helping to hold gold prices in a range this week.\nThe main trend is up according to the daily swing chart. A trade through $1919.20 will signal a resumption of the uptrend. A move through $1884.30 will change the main trend to down.\nThe long-term range is $2120.00 to $1678.40. The market is currently trading inside its retracement zone at $1899.20 to $1951.30.\nThe minor range is $1854.40 to $1919.20. Its 50% level at $1886.80 is potential support.\nThe short-term range is $1810.70 to $1919.20. Its 50% level at $1865.00 is additional support.\nAdditional support levels come in at $1838.00, $1822.40 and $1799.30.\nThe direction of the August Comex gold futures contract on Thursday is likely to be determined by trader reaction to the long-term 50% level at $1899.20.\nA sustained move over $1899.20 will indicate the presence of buyers. If this move is able to generate enough upside momentum then look for the rally to possibly extend into this week’s high at $1919.20. This is a potential trigger point for an acceleration to the upside with the main Fibonacci level at $1951.30 the next likely target.\nA sustained move under $1899.20 will signal the presence of sellers. This could trigger a quick break into $1886.80 to $1884.30. If this fails as support then $1865.00 and $1854.40 will become potential downside targets.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Ramping Sales of Medical Cannabis Critical for Long-Term Growth of Khiron, Says ATB Capital\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4210.00, Weakens Under 4186.25\n• Why Bitcoin Can Likely Bre **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: 2021-06-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $725,659,212,141 - Hash Rate: 153804389.191713 - Transaction Count: 255621.0 - Unique Addresses: 692529.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The long wait for cruising to return to the United States is finally coming to an end. Royal Caribbean Group RCL recently announced that it will resume cruising from United States after more than a year of suspension due to the coronavirus pandemic. The company will resume cruising on Jun 26 with Celebrity Cruises' Celebrity Edge departing from Port Everglades in Fort Lauderdale. The U.S. Centers for Disease Control and Prevention (CDC) has given a go-ahead signal to Celebrity Edge after all new norms for providing a safe and healthy cruise experience for guests and crew were met. Notably, all guest and crew members need to be fully vaccinated for cruising. Richard D. Fain, Royal Caribbean chairman and CEO said “After months of working with the U.S. Centers for Disease Control and Prevention (CDC) and other government officials, our Healthy Sail Panel and industry partners, we can again offer cruise lovers the chance to enjoy the wonders of cruising. We are truly thankful to reach this special milestone.” Earlier, the company announced that it has carried over 125,000 passengers out of which only 21 COVID-19 cases were reported. The coronavirus positivity rate was 0.01%. During first-quarter 2021, more than 55,000 guests have enjoyed vacations through Royal Caribbean International, TUI cruises, and Hapag-Lloyd brands. Stock Performance So far this year, the company’s shares have surged 23.8%, compared with the industry’s rally of 22.1%. Due to the pandemic, bookings for 2021 have declined significantly. It expects to report net loss on both a GAAP and adjusted basis for the second quarter and 2021 fiscal year. Despite the coronavirus pandemic, the company continues to add new cruises. During first-quarter 2021, the company added Odyssey of the Seas to its fleet. Meanwhile, the company stated that it anticipates adding Silver Dawn to the Silversea fleet during fourth-quarter 2021. Moving into 2022, the company has two ships scheduled for delivery namely — Wonder of the Seas and Celebrity Beyond. Story continues Zacks Rank & A Key Pick Royal Caribbean — which shares space with Carnival Corporation & Plc CCL and Norwegian Cruise Line Holdings Ltd. NCLH in the Zacks Leisure and Recreation Services industry — carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. A better-ranked stock in the same space is RCI Hospitality Holdings, Inc. RICK, which sports a Zacks Rank #1. RCI Hospitality fiscal 2021 earnings are expected to soar 405.9%. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency have sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 Carnival Corporation (CCL) : Free Stock Analysis Report Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report RCI Hospitality Holdings, Inc. (RICK) : Free Stock Analysis Report Norwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/Doglikehorse', 'Which country will first declare they’re holding a strategic BTC reserve?', 23, '2021-06-03 00:57', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/', 'I suspect this will be the catalyst for either the next leg of this bull run or the next post-halvening run. First mover advantage for smaller countries will be huge. My money’s on Estonia, Hungary or a South American nation.', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/', 'nqyspv', [['u/ScaryLane73', 10, '2021-06-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/h0dghj0/', 'The US already holds 44,000 and Bulgaria has 200,000 both governments acquired theirs from seizing them from criminal investigations those are pretty significant holdings', 'nqyspv'], ['u/konokonohamaru', 10, '2021-06-03 02:56', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/h0dtpuz/', 'A small island / city state seeking to attract crypto investment capital', 'nqyspv']]], ['u/theofiel', "Safety is not in numbers, it's in percentages (starter advice)", 38, '2021-06-03 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/nqz09i/safety_is_not_in_numbers_its_in_percentages/', 'I\'ve seen this sub shoot up in traffic and membership and I really like it. Crypto has proven to attract young people (and old people, like me) to make their first investments. I hope it will be your ticket to financial independence, as we\'re all kinda hoping. \n\nSomething I\'ve seen happening more often lately, is people sharing their portfolio. We do that in two ways. The first was so strange to me in the beginning: \n\n"Rate my portfolio: 50% BTC, 25% ETH, 20% LINK, 5% ADA"\n\nAnd what I see more often now:\n\n"I started investing in crypto with $4000 a few months ago, put it all in MATIC. Do I need to diversify now it\'s worth more?" or "I have $3000 set aside, what should I invest in?" or "I have 500 LTO. Should I buy more LTO or invest in DOGE?". \n\nI advise you to only talk in percentages and never -ever- in numbers. Here\'s why:\n\nIn way one, I could have $20 invested total, but it could also be 20 million. No one can extract it from those percentages. \n\nIn way two, I know exactly what value you have in crypto. And if you\'re lucky, that $4000 of MATIC might be worth a million in a few years (a man can dream). How safe do you feel telling Reddit, and thus the world, the amount of money you have in the bank, now or in the future? Can everyone you\'re telling it to be trusted? And can you trust yourself never to give away any hints on Reddit about who is behind your user name?\n\nNow I know the mods have done a fine job already advising against this, even posted on top of every daily. The main reason I find it important to explicitly ask your attention for safety is that I still see a lot of numbers instead of percentages. Also a reason, I keep feeling haunted by [this](https://nos.nl/artikel/2273122-overvallers-martelden-man-drenthe-met-boormachine) news from a few years ago (source is Dutch, translated in short: Man got his kneecaps and stomach drilled in order to obtain his keywords). \n\nBe safe!', 'https://www.reddit.com/r/CryptoCurrency/comments/nqz09i/safety_is_not_in_numbers_its_in_percentages/', 'nqz09i', [['u/pm_me_cute_sloths_', 59, '2021-06-03 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/nqz09i/safety_is_not_in_numbers_its_in_percentages/h0divrs/', 'It turns out that 70% of this sub is stupid and doesn’t understand percentages. Good thing I’m in the other 40%', 'nqz09i']]], ['u/AutoModerator', 'Daily June 03, 2021 [All Questions Here Please]', 34, '2021-06-03 02:00', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/', ' \n\nWelcome Ergonauts\n\nPlease address all questions in this thread (or FAQ). \n\nDirect all posts regarding mining to r/erg_miners\n\nDirect all posts regarding trading/buying to r/ErgoTrading\n\nDirect all posts regarding NFTs to r/ErgoNFTs\n\nThe following information is provided to help answer any common questions you may have.\n\n​\n\n1. [Read the Manifesto](https://ergoplatform.org/en/blog/2021-04-26-the-ergo-manifesto/)\n2. [Read the FAQ](https://www.reddit.com/r/ergonauts/comments/mye6xh/faq/)\n3. [Check out bearwhale Saga](https://ergoplatform.org/en/blog/2021-05-13-bearwhale-saga/)\n4. [Join the community](https://ergonaut.space/en/Community) across the web.\n\n​\n\nMiners\n\nMiners check out [ergonaut.space/mining](https://ergonaut.space/en/Mining) and come chat on [Telegram](https://t.me/ergo_mining) or [Discord](https://discord.gg/7kWWQeMCwe) \\- Search for your card in the groups!\n\nNews\n\n27th\n\n* [Dev Update](https://curiaregiscrypto.medium.com/whats-going-on-behind-the-screens-ergo-weekly-dev-update-may-26th-c8b7e2c27347)\n\n26th\n\n* [Sub banner Thread](https://www.reddit.com/r/ergonauts/comments/nlfd3y/new_banner_proposals/)\n* [Ergodex: governance token poll](https://twitter.com/ErgoDex?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1397502263963406344%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2Fnlewfr%3Fresponsive%3Dtrueis_nightmode%3Dfalse)\n* [Darkfund applications](https://twitter.com/chepurnoy/status/1397331731724881920)\n\n25th\n\n* [Ergo / Gravity partnership](https://ergoplatform.org/en/blog/2021-05-17-ergo-%C4%B1ntegration-with-gravity-network/)\n\n24th\n\n* Video Contest winners announced\n\n23rd\n\n* [Weekly Dev Update](https://curiaregiscrypto.medium.com/whats-going-on-behind-the-screens-ergo-weekly-dev-update-may-19th-2086d6670f86)\n* [Erg/USDN liquidity pool live on swopfi](https://swop.fi/info/3PGVJvV8Ep1u7qMkvUs1DYhRyfvArdRbMsD)\n* [JSON dApp Enviornment Live](https://www.ergoforum.org/t/json-dapp-environment-jde-first-release/1373)\n\n22nd\n\n* The world started to burn, but we continued toward our goals.\n\n21st\n\n* [ELI5 on SigmaUSD/RSV](https://www.reddit.com/r/ergonauts/comments/nhjc1f/noob_tries_to_explain_sigmausdrsv_an_attempt_at/?utm_source=share&utm_medium=web2x&context=3) by u/dejfson92\n* [Exchange News Update](https://www.reddit.com/r/ergonauts/comments/nhuysz/ergo_exchange_listings_update/?utm_source=share&utm_medium=web2x&context=3)\n\n20th\n\n* Seems someone has launched [r/ErgoTrading](https://www.reddit.com/r/ErgoTrading/)\n* [SigmaUSD Bank: Whale Protection Team](https://www.reddit.com/r/ergonauts/comments/ngknlk/sigmausd_bank_whale_protection_team/)\n* [Ergo: What Are Bitcoin Mixers](https://ergoplatform.org/en/blog/2021-05-19-ergo-what-are-bitcoin-mixers/)\n\n​\n\nPrevious QA\n\n* [see this comment regarding mobile support](https://www.reddit.com/r/ergonauts/comments/ndmmks/when_is_this_added_to_yoroi_mobe/)\n* [Why price increase](https://www.reddit.com/r/ergonauts/comments/ndb9wk/daily_discussion_sun_16_may_all_questions_here/gy9ugbp/)\n* [should we be concerned about mining pool centralization?](https://www.reddit.com/r/ergonauts/comments/ncfzkp/excited_about_erg_in_almost_all_aspects_except/)\n\nBuying\n\nCoinEx has no KYC under 10k and has been the most liquid + stable.\n\nFrom Coinbase\n\n1. Buy ADA\n2. Register on CoinEx, go to deposit and get an ADA address\n3. Send from Coinbase\n4. Sell ADA for USDT\n5. Buy Erg for USDT\n\nFrom Binance\n\n1. Buy USDT\n2. Register on CoinEx, go to deposit and get a USDT address - make sure TRC-20 network is selected (avoids eth gas)\n3. Buy USDT, send over TRC-20 network to the provided address\n4. Buy ERG for USDT\n\n* More experienced traders might prefer TradeOgre\n* Gate.io is ranked as a top #10 exchange. Good for large buyers who are worried about credibility.\n\nIf , for some reason, your posts are being removed by r/AutoModerator and you are unsure why please message mods via Modmail. We have given a few prompts to it, in attempt to automate some of the posting traffic, but its not perfect.\n\n\\-Mod Team\n\n[Merch Shop](https://poolpartynodes.com/ergo-merchant-shop/)', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/', 'nr0166', [['u/MisterEun', 10, '2021-06-03 07:42', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0eoom3/', "[https://www.coingecko.com/en/coins/ergo/historical\\_data/usd#panel](https://www.coingecko.com/en/coins/ergo/historical_data/usd#panel) \nGo back even 60 days and you'll see days with volume as low as sub $200k.", 'nr0166'], ['u/PedroBV', 10, '2021-06-03 09:02', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0eur7c/', 'People are just hodling.', 'nr0166'], ['u/jodepe-', 17, '2021-06-03 09:22', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0ew78e/', 'Any news on new exchanges?', 'nr0166'], ['u/InThePortalAgain', 21, '2021-06-03 13:01', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0fbb9q/', 'Eth 2.0 delayed until late 2022. Lets hope ADA and ERG take its place!!', 'nr0166'], ['u/datwolvsnatchdoh', 15, '2021-06-03 15:21', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0fpnxz/', 'Behold: ERG, THE $12 STABLE COIN!', 'nr0166'], ['u/dejfson92', 11, '2021-06-03 16:24', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0fydb5/', 'Hey, this might be an utterly stupid question, but I am very new to crypto, so please excuse my very limited knowledge. I am wondering, if it is a good time now for buying some ERG for around $12? Just asking if you expect any significant rise of price after ERG will be available on mainstream exchanges. The sooner the better I guess? Thanks', 'nr0166'], ['u/MrThePLP', 11, '2021-06... 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:** ['NortonLifeLock, the company behind the Norton Antivirus software, has launched a feature allowing users to mine crypto directly through its platform.\nAccording to apress releaseon Wednesday, Norton’s feature, dubbed Norton Crypto, has begun allowing select Norton 360 customers of its early adopter program to begin miningether.\nAdopters can join a Norton mining pool where they can use the feature on a personal computer to apply its computation power for low-volume crypto mining, a company spokesperson told CoinDesk via email.\nRelated:Nasdaq-Listed The9 to Buy Control of Mining Company Montcrypto\nThe mining pool will pay out miners periodically based on the timing of their participation and the number of shares they are credited via their contribution. Payouts will be allocated to either a Norton Crypto Wallet, generated by the company or a personal one designated by the miner.\nSoftware built into the Norton 360 platform will run when a computer is idle. Once ether has been mined, it can be stored in Norton’s wallet via the cloud. Mined coins can also be tracked and extracted to crypto exchange Coinbase.\nMiners must pay a 15% fee of the total crypto sent to their wallets for use of Norton’s service, according to the company’sterms and conditions. Miners should also account for electricity costs, degradation of computer parts and fluctuating crypto prices.\nSee also:Nvidia to Hobble Ether Mining Power on More Gaming Cards\nRelated:Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K\nThe company said miners have had to previously disable their anti-virus software, opening them to unvetted code from nefarious actors planting ransomware or skimming their mining proceeds.\n“Earnings are commonly stored directly on miners’ hard drives where their digital wallet could be lost should it fail,” the company said in its release.\nNorton Crypto is expected to become available to all Norton 360 customers in the coming weeks and may require certain PC hardware to use the feature, the company said.\n• Anchorage to Offer Ethereum-Backed Loans Through BankProv\n• Market Wrap: Bitcoin in Repair Mode as Traders Head to Miami; Dogecoin Gains', 'By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets. Tesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status/1400620080090730501, a broken-heart emoji and a picture of a couple discussing a breakup. Musk followed up by posting a breakup comic strip and replying "nice" to an illustration of rival crypto dogecoin posted by crypto exchange Coinbase. It was unclear what, if anything, any of the tweets meant. Musk has previously said Tesla would not sell its bitcoin, but his tweets were enough to unsettle markets still fragile following May\'s crash. "When Elon Musk tweets any crypto-related content, the market ... expects a reaction," said Nick Spanos, co-founder of ZAP Protocol, a crypto project in Switzerland. Bitcoin\'s fall pushed it below its 20-day moving average to as low as $36,263, and took some of the edge off its week-to-date gains. It is up 2% so far this week. \'TROLLING THE COMMUNITY\'? Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin since suspending Tesla plans to take it in payment for cars, owing to concerns about its energy use. Many crypto specialists have struggled to understand the motives behind his tweets. "He\'s trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko. Bitcoin and several other cryptocurrencies are still recovering from a crash last month in the wake of that decision and on news of renewed regulatory scrutiny in China. Telsa stock has now fallen by a third since it announced a $1.5 billion bitcoin purchase in February, and bitcoin is more than 40% below April\'s record peak of $64,895.22. Story continues The second biggest cryptocurrency, ether, which tends to move in tandem with bitcoin, also extended losses through the day. It was last down 8% at $2,626 though on course for a second consecutive weekly gain. Dogecoin, the cryptocurrency perhaps most sensitive to Musk\'s opinions as he helped to turn the coin started as a joke into a multi-billion dollar market valuation, also fell by more than 10% to around $0.36 on Friday. (Reporting by Tom Westbrook; editing by Shri Navaratnam and Jason Neely)', 'By Tom Wilson and Tom Westbrook\nLONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets.\nTesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status/1400620080090730501, a broken-heart emoji and a picture of a couple discussing a breakup.\nMusk followed up by posting a breakup comic strip and replying "nice" to an illustration of rival crypto dogecoin posted by crypto exchange Coinbase. It was unclear what, if anything, any of the tweets meant.\nMusk has previously said Tesla would not sell its bitcoin, but his tweets were enough to unsettle markets still fragile following May\'s crash.\n"When Elon Musk tweets any crypto-related content, the market ... expects a reaction," said Nick Spanos, co-founder of ZAP Protocol, a crypto project in Switzerland.\nBitcoin\'s fall pushed it below its 20-day moving average to as low as $36,263, and took some of the edge off its week-to-date gains. It is up 2% so far this week.\n\'TROLLING THE COMMUNITY\'?\nMusk has been a major promoter of cryptocurrencies but has turned critical of bitcoin since suspending Tesla plans to take it in payment for cars, owing to concerns about its energy use.\nMany crypto specialists have struggled to understand the motives behind his tweets.\n"He\'s trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko.\nBitcoin and several other cryptocurrencies are still recovering from a crash last month in the wake of that decision and on news of renewed regulatory scrutiny in China.\nTelsa stock has now fallen by a third since it announced a $1.5 billion bitcoin purchase in February, and bitcoin is more than 40% below April\'s record peak of $64,895.22.\nThe second biggest cryptocurrency, ether, which tends to move in tandem with bitcoin, also extended losses through the day. It was last down 8% at $2,626 though on course for a second consecutive weekly gain.\nDogecoin, the cryptocurrency perhaps most sensitive to Musk\'s opinions as he helped to turn the coin started as a joke into a multi-billion dollar market valuation, also fell by more than 10% to around $0.36 on Friday.\n(Reporting by Tom Westbrook; editing by Shri Navaratnam and Jason Neely)', 'By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets. Tesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status/1400620080090730501, a broken-heart emoji and a picture of a couple discussing a breakup. Musk followed up by posting a breakup comic strip and replying "nice" to an illustration of rival crypto dogecoin posted by crypto exchange Coinbase. It was unclear what, if anything, any of the tweets meant. Musk has previously said Tesla would not sell its bitcoin, but his tweets were enough to unsettle markets still fragile following May\'s crash. "When Elon Musk tweets any crypto-related content, the market ... expects a reaction," said Nick Spanos, co-founder of ZAP Protocol, a crypto project in Switzerland. Bitcoin\'s fall pushed it below its 20-day moving average to as low as $36,263, and took some of the edge off its week-to-date gains. It is up 2% so far this week. \'TROLLING THE COMMUNITY\'? Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin since suspending Tesla plans to take it in payment for cars, owing to concerns about its energy use. Many crypto specialists have struggled to understand the motives behind his tweets. "He\'s trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko. Bitcoin and several other cryptocurrencies are still recovering from a crash last month in the wake of that decision and on news of renewed regulatory scrutiny in China. Telsa stock has now fallen by a third since it announced a $1.5 billion bitcoin purchase in February, and bitcoin is more than 40% below April\'s record peak of $64,895.22. Story continues The second biggest cryptocurrency, ether, which tends to move in tandem with bitcoin, also extended losses through the day. It was last down 8% at $2,626 though on course for a second consecutive weekly gain. Dogecoin, the cryptocurrency perhaps most sensitive to Musk\'s opinions as he helped to turn the coin started as a joke into a multi-billion dollar market valuation, also fell by more than 10% to around $0.36 on Friday. (Reporting by Tom Westbrook; editing by Shri Navaratnam and Jason Neely)', 'By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets. Tesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status **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: 2021-06-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $694,912,179,319 - Hash Rate: 137063775.4021388 - Transaction Count: 236672.0 - Unique Addresses: 632737.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Dogecoin, the cryptocurrency thatno one was meant to take seriously, was up 43% in late morning trading Wednesday. What is going on? You can attribute part of the enthusiasm to the looming public debut of [hotlink]Coinbase[/hotlink]. Virtually all cryptocurrencies, including Bitcoin and Ethereum, are hitting all-time highs today. But perhaps a bigger driver of theDogecoinrush is, once again, Elon Musk. The Tesla founder has had a lot of fun on [hotlink]Twitter[/hotlink]over the past four months, whipping traders into occasional frenzies by mentioning it from time to time. Wednesday morning, he did so again. https://twitter.com/elonmusk/status/1382267664895070209 The tweet, as many of Musk’s are when it comes to Dogecoin, doesn’t really say anything. It’s an animated GIF of a Shiba Inu, the meme that launched the crypto, but it has received over 24,000 retweets so far and more than 170,000 likes. As of 11:19 a.m. ET, Dogecoin was trading for 12.6¢ after hitting 14.5¢ earlier today. That’s nothing compared with Bitcoin’s steep numbers, but Dogecoin wasn’t designed to compete in that arena. Dogecoin has been around for eight years, and for most of that time had a value of half a cent—tops: 10,000 new Dogecoins are programmed to be issued every minute for the rest of eternity, meaning the value will never hold. It’s a cryptocurrency that’s meant to always get cheaper. Even the creator of the coin isflummoxed by its recent rise. At least one person or company might be making real money on the Dogecoin surge, though. In February, word escaped that an unknown entity currentlyholds roughly 28% of the dogecoin in circulation—some 38.6 billion Dogecoin. After today’s high point, that was worth nearly $5.6 billion. Year to date, Dogecoin is up—brace yourself—2,613%. On Wednesday alone, it has increased 57% in value. 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:** ['A New York state supreme court judge named a receiver for the unregistered automated trading app Coinseed and may require it to cease operating after claims that it had eliminated customers\x92 access to their accounts and reduced the value of their holdings. Judge Andrew Borrok appointed Michelle Gitlitz as the embattled company\x92s receiver. Gitlitz is global head of blockchain and digital assets at the Crowell & Moring and a partner at the Washington D.C. based-firm. In Borrok\x92s order , Gitlitz cannot hire outside counsel, accountants, appraisers or other service providers without the court\x92s permission. Last month, New York state Attorney General Letitia James moved to shut down Coinseed for allegedly continuing to defraud its users even as the company faced pressure on multiple legal fronts. James filed a court motion on May 6 to freeze Coinseed\x92s trading activity and halt all operations. In February, James accused Coinseed of bilking $1 million from investors through hidden fees, false claims and a flopped token. The U.S. Securities and Exchange Commission (SEC) hit Coinseed with token registration violations in a parallel suit. Related Stories NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims Investing in Cryptocurrencies Is \x91Not Prudent,\x92 Says New York Attorney General Tether Allegedly Received Ransom Note Demanding 500 BTC 3 US Regulators Probing Robinhood\x92s Actions Amid GameStop Trading Craze', 'A New York state supreme court judge named a receiver for the unregistered automated trading app Coinseed and may require it to cease operating after claims that it had eliminated customers’ access to their accounts and reduced the value of their holdings.\n• Judge Andrew Borrok appointed Michelle Gitlitz as the embattled company’s receiver. Gitlitz is global head of blockchain and digital assets at the Crowell & Moring and a partner at the Washington D.C. based-firm.\n• InBorrok’s order, Gitlitz cannot hire outside counsel, accountants, appraisers or other service providers without the court’s permission.\n• Last month, New York state Attorney GeneralLetitia James movedto shut down Coinseed for allegedly continuing to defraud its users even as the company faced pressure on multiple legal fronts.\n• James filed a court motion on May 6 to freeze Coinseed’s trading activity and halt all operations.\n• In February,James accusedCoinseed of bilking $1 million from investors through hidden fees, false claims and a flopped token. The U.S. Securities and Exchange Commission (SEC) hit Coinseed with token registration violations in a parallel suit.\n• NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims\n• Investing in Cryptocurrencies Is ‘Not Prudent,’ Says New York Attorney General\n• Tether Allegedly Received Ransom Note Demanding 500 BTC\n• 3 US Regulators Probing Robinhood’s Actions Amid GameStop Trading Craze', 'Bitcoin, BTC to USD, slid by 6.07% on Friday. Reversing a 4.37% gain from Thursday, Bitcoin ended the day at $36,844.0.\nA mixed start to the day saw Bitcoin rise to an early morning high $39,275.0 before hitting reverse.\nFalling short of the first major resistance level at $40,079, Bitcoin slid to a mid-day intraday low $35,586.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $37,776 and the second major support level at $36,326.\nSteering clear of sub-$35,000 levels, Bitcoin broke back through the second major support level to end the day at $36,800 levels.\nThe near-term bullish trend remained intact supported by the latest move back through to $39,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was also a bearish day on Friday.\nBitcoin Cash SVandChainlinkslid by 9.32% and by 10.43% to lead the way down.\nBinance Coin(-8.72%),Cardano’s ADA(-7.33%),Crypto.com Coin(-7.06%),Litecoin(-7.71%), andRipple’s XRP(-7.09%) also struggled.\nEthereum(-5.81%) and Polkadot (-1.23%) saw relatively modest losses on the day.\nIn the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,667.\nBitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.25%.\nAt the time of writing, Bitcoin was up by 1.95% to $37,563.0. A mixed start to the day saw Bitcoin fall to an early morning low $36,617.0 before rising to a high $37,598.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bullish start to the day.\nAt the time of writing, Binance Coin was up by 3.77% to lead the way.\nBitcoin would need to avoid a fall back through the $37,235 pivot to bring the first major resistance level at $38,884 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $38,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Friday’s high $39,275.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592. The second major resistance level sits at $40,924.\nA fall back through the $37,235 pivot would bring the first major support level at $35,195 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,546.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Rebound Rising 3.5% for the Week\n• Gold Price Forecast – Gold Markets Recover After Jobs Number\n• The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Break Out\n• European Equities: A Week in Review – 04/06/21\n• USD/CAD Daily Forecast – U.S. Dollar Retreats Ahead Of The Weekend', 'Bitcoin , BTC to USD, slid by 6.07% on Friday. Reversing a 4.37% gain from Thursday, Bitcoin ended the day at $36,844.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,275.0 before hitting reverse. Falling short of the first major resistance level at $40,079, Bitcoin slid to a mid-day intraday low $35,586.0. The extended sell-off saw Bitcoin fall through the first major support level at $37,776 and the second major support level at $36,326. Steering clear of sub-$35,000 levels, Bitcoin broke back through the second major support level to end the day at $36,800 levels. The near-term bullish trend remained intact supported by the latest move back through to $39,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was also a bearish day on Friday. Bitcoin Cash SV and Chainlink slid by 9.32% and by 10.43% to lead the way down. Binance Coin (-8.72%), Cardano’s ADA (-7.33%), Crypto.com Coin (-7.06%), Litecoin (-7.71%), and Ripple’s XRP (-7.09%) also struggled. Ethereum (-5.81%) and Polkadot (-1.23%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,667. Bitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.25%. This Morning At the time of writing, Bitcoin was up by 1.95% to $37,563.0. A mixed start to the day saw Bitcoin fall to an early morning low $36,617.0 before rising to a high $37,598.0. 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, Binance Coin was up by 3.77% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $37,235 pivot to bring the first major resistance level at $38,884 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $38,000 levels. Barring a broad-based crypto rally, the first major resistance level and Friday’s high $39,275.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592. The second major resistance level sits at $40,924. A fall back through the $37,235 pivot would bring the first major support level at $35,195 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,546. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Rebound Rising 3.5% for the Week Gold Price Forecast – Gold Markets Recover After Jobs Number The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets Crude Oil Weekly Price Forecast – Crude Oil Markets Break Out European Equities: A Week in Review – 04/06/21 USD/CAD Daily Forecast – U.S. Dollar Retreats Ahead Of The Weekend', 'WARSAW, Poland, June 04, 2021 (GLOBE NEWSWIRE) --Bitcoin Vault (BTCV), a cryptocurrency project co-created by serial entrepreneurEyal Avramovichand operated and managed by the blockchain development company Electric Vault, recently announced a landmark partnership with ESE Europe (ESE), a European entertainment and technology company focused on gaming and esports, to co-produce and co-distribute a gaming talent show in five countries: China, Japan, South Korea, Vietnam and Brazil.\nThe production deal propelsBTCVand ESE\'s unified goal to link cryptocurrency and gaming in one ecosystem. This partnership also powers BTCV coin to expand its presence and services in the global esports and gaming markets. BTCV is known for being the only Proof of Work (PoW) cryptocurrency that offers a reversible transactions feature on an immutable blockchain, **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: 2021-06-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $700,825,443,271 - Hash Rate: 137063775.4021388 - Transaction Count: 194580.0 - Unique Addresses: 537842.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: If you send out enough cease-and-desist orders, it’s likely you’ll get a lawsuit in return. That appears to be the case with nChain Chief Scientist Craig Wright and his legal crusade to block people within and without the cryptocurrency community from hosting the Bitcoin white paper. The Cryptocurrency Open Patent Alliance (COPA) is filing a lawsuit against Wright in the U.K. over his copyright claims to the Bitcoin white paper. The Alliance was formed in September 2020 and founded by Square to pool patents and preserve the industry’s open-source spirit. Wright’s representatives sent Square a cease-and-desist notice dated Jan. 21, 2021, demanding that Square stop hosting the white paper on its site. At the time, COPA sent back a legal response on behalf of Square, which boiled down to this: Prove you’re Satoshi Nakamoto, the creator of the white paper first. Related: Europe's Investment Bank Plans to Settle Bonds in Euros Using Blockchain: Report It does not appear Wright responded with the requested proof by the Feb. 19 deadline COPA set. “COPA is about truly empowering the crypto community with innovation and removing blockers to innovation,” said a spokesperson on behalf of the COPA board. “This is not the last thing we’re going to take up on behalf of the community.” The complaint asks the court to resolve the question as to whether Craig Wright has copyright ownership rights over the Bitcoin white paper. Pursuing a legal case on behalf of the cryptocurrency community is the first instance of COPA throwing its money and weight behind a cause that has plagued the space for years, and it could have widespread ramifications. If a court rules that Wright does not have ownership rights over the Bitcoin white paper, it would be a serious blow to his legal argument that he is Satoshi Nakamoto. Wright’s long legal trail Related: Thorchain Is Ready to Grease the Wheels of Crypto-to-Crypto Trading Story continues Wright, notorious for having an itchy legal finger, had sent his latest round of cease-and-desist orders to Bitcoin core developers, causing the Bitcoin white paper to be taken down from Bitcoincore.org, a “canonical repository for the Bitcoin software and educational resources like Satoshi’s 10-page thesis,” CoinDesk wrote at the time. Regardless of whether they’re accurate or not, legal claims take time, energy and, importantly, finances to contest. COPA is stepping in on behalf of the community to protect those small parties, particularly Bitcoin developers, who are essential to the community but don’t have a ton of resources, according to a spokesperson for the COPA board familiar with the matter. Beyond that, in late February Wright also filed a lawsuit demanding Bitcoin developers give him access to stolen Mt. Gox funds. As CoinDesk reported at the time “even though Bitcoin Core contributors have no control over the network’s wallets, Wright wants Bitcoin’s developers to hand him the keys.” Following Wright’s initial filings against Bitcoin core developers, but prior to the paper being removed, a number of companies, including Square Crypto, crypto venture fund Paradigm , policy think-tank Coin Center and Facebook stablecoin subsidiary Novi , among others, decided to host it themselves. The action was meant to be a sign of solidarity. The letter accompanying COPA’s response laid out a number of simple questions for Wright’s representatives to answer regarding his claims. These included the general basis of the claim, where he was when he wrote the white paper, what dates he wrote it and what copyright laws apply, among a number of others. Wright has a long legal paper trail of using the law to try and silence his critics and even filed a copyright claim in May 2019 with the U.S. Copyright Office over the original Bitcoin code and the Satoshi white paper. None of his legal attempts to assert he is Bitcoin creator Satoshi Nakamoto have been successful. The new COPA board The board of COPA, which helps determine the organization’s actions and will guide the course of the lawsuit, is also being updated. Ultimately, COPA will have a nine-person board representative of the entire community, with three spots reserved for independent members. Thus far, two board members represent member organizations: Brittany Cuthbert, senior counsel at Coinbase, and most recently Kirupa Pushparaj, deputy general counsel at Square. Four more board members from COPA organizations will be added in the future. Three additional independent members will round out the COPA board. These included Steve Lee, Square Crypto lead; Dan Robinson, research partner at Paradigm; and Jerry Brito, executive director of Coin Center. CoinDesk can also report Pushparaj will also be appointed the board chairman. Related Stories Square-Led COPA Sues Craig Wright Over Bitcoin White Paper Copyright Claims Square-Led COPA Sues Craig Wright Over Bitcoin White Paper Copyright Claims... - Reddit Posts (Sample): [['u/VulpVulpVulp', 'Variants of neckbeards by MBTI:', 69, '2021-06-05 00:33', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/', 'Compiled by yours truly:\n\n\nINTP – (classic neckbeard) - argumentative, enlightened euphoric atheist and puritan open source/linux shill\n\nINFP – waifuist, self-inserter, fanfictioner/shipper\n\nISFJ – white knight/simp/’nice guy’\n\nISTJ – tradcon/nu-christfag/’looking for a tradwife’/bootlicker/punisher skull blue lives matter guy\n\nISTP – ‘heh….nothin personnel kid’, mallninja, cringe gunnut/edgy wannabe lone ranger\n\nISFP – furry/fursuiter/deviantautist\n\nESFP – popufur or attention whoring, self-inflicting Munchausen social media lolcow\n\nESTJ – hard MRA/’make me a sandwich-ist’/proud boy\n\nESFJ – assertive soyboy/nu-male/bugman/’male feminist’ twitter bluecheck midwit\n\nENTJ – bitcoin fetishist/wannabe wallstreet bro librightist\n\nINTJ – ayn randian/elitist /’patrician taste’ douche, obsessed with objectivism and social darwinism\n\nENTP – troll/black hat hacker/wannabe joker/sam hyde/whatever, failed performance artist who is ‘ironically’ racist/edgy/whatever but harms others\n\nENFP – quirky ‘rawr xd’ tackleglomper guy who recites memes/youtube poops IRL, unironically wore a furry tail at some point as a teen, blares/dances to carmelldansen in public\n\nESTP – redpiller, /fit/izen, pick up artist, obsessed with alpha/beta shit and body counts\n\nINFJ – otherkin pagan/ luciferean\n\nENFJ – runs/admins a discord grooming ring', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/', 'nshcxs', [['u/nabllr', 11, '2021-06-05 02:28', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/h0ms9ct/', 'these are fucking awesome', 'nshcxs'], ['u/fre_ii1', 16, '2021-06-05 02:34', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/h0msuz2/', 'everything is right but i refuse to be a furry', 'nshcxs']]], ['u/shitoshi-nokamoto', 'I will help you onto lightning by giving away bitcoin. Seriously.', 170, '2021-06-05 00:37', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/', 'Lightning Network get a lot of fud even here in this sub. I suspect a lot of you guys haven’t yet actually tried it. It really is a lot easier than i think most people expect, and here is me trying to prove it. \nI suspect that the big hurdle right now is that you have to move your coins onto the lightning Network, so the idea behind this post is actually giving away MY satoshis so you do not have to do this to experience lightning. Hopefully some other experienced lightning-users will join me if this ends up a costly adventure. (Please lets keep this thread focused on giving people the first experience with lightning)\n\nHERE’S the plan:\n-Go download Wallet of satoshi. This is a really really easy lightning Wallet. It IS custodial, but ignore that for now\n\n-post your adress/qr here, it would be cool if you added your country, but no pressure. I will send you some sats as soon as I can. I will answer you when i do, with the amount and the cost of the transaction. IF someone else wants to join me, just send sats, and answer the post in the same way.\n\n-when you recieve the sats, congratz! You have bitcoin in the lightning Network. Find a friend, pay it forward.\n\n-Should you choose to explore this further, go download breez Wallet. You now have a non-custodial Wallet, and you can create an invoice (recieve via invoice) for yourself and pay from Wallet of satoshi and my sats. No risk, its someone elses money. You have now made your first transaction and is probably starting to Get it.\n\n-With the sats well placed in breez, go to the apps-section from the top left corner. Pick the lightning roulette app, fund with 20(!) sats (press «open in Wallet»), and gamble HALF of your deposit. Then go to the menu and press «withdraw using webln», and watch your remaining sats return to your breez balance. How cool is that?\n\n-now: IF you want to experiment with moving YOUR coin onto breez, you have to make an on-chain transaction(recieve via btc adress) but breez assumes that you want any bitcoin on the lightning Network, and any recieved coin wil be on lightning. There are fees. \n\n-go read about lightning Network!\n\n-Lets keep this going: when you are done, if you can, return as many satoshis back to me as you can, that way i can give them to more people, and we give them the same experience. \n\n\n\nEdit: this really took off. I will keep up for as long as i can. Upvote and spread to friends. Give a friend some sats and lets just see how far this goes.\n\nHuge thanks to all those who helped sending sats, you are legends. I went to bed, and woke up to all of you stepping up to the plate and contributing. Kudos!\n\nEdit: No, you are not too late! I will keep sending and a lot of others are helping, When you get some, you can help as well. Lets just keep this noe going for anyone interested/curious', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/', 'nshg13', [['u/halo_33_33', 10, '2021-06-05 00:54', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0mhe9m/', "That's a fine gesture. I hope you find a flaw in human nature and get them back.", 'nshg13'], ['u/shitoshi-nokamoto', 10, '2021-06-05 01:04', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0min8t/', 'I really do not expect that. If i spend some sats, that will be my contribution to the space. If this somehow becomes a sucsess and i run out, maybe some of it comes back, or some one else picks up the torch. The wonderful thing about LN is that i do not have to send a lot of sats to make it work.', 'nshg13'], ['u/mr_froachy', 12, '2021-06-05 02:26', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0mry6j/', "I've really been wanting to try this but I've been hesitant for exactly the reasons you described. Got both wallet apps downloaded, here's the address. You're awesome!\n\nlnbc1pst4s76pp58xhm3afffvjtv0j8fxhhny3327dtq7zeeyjvt56thhdpvuz407zqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5t6e0yvly33yvy0lavqmrwg5yg6z44qf8z9syjq9sc7un2pm0qawq9qyyssquyn3v3y43afhvh0eft2zh4x3a5h3m55z2zr3tuqwef9zm2ehjuc8vwfer2jrpaxyr8vne5jv4g0v8w7zgslj62cv3vrjwucpv3rcy2gpde06hc", 'nshg13'], ['u/shitoshi-nokamoto', 10, '2021-06-05 02:31', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0msikj/', '200 sent. 1 sat fee.\n \nReturn:\n\nlnbc1pst43v0pp5s3nmp6cdh4y5gg8kcwmqpgdy0ewup4c5l5dnnt9a2hmvnwl0yu9qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp50shwltygnlnc66z2eg5n995pnhp0c93fufm72unvkh0shdalv74q9qyyssq5na7j28e4qrggdh08aql0x9rqd93mged4qnr966g9lrkzm2afmzkzaz9m6ad5gaqgt4ferv5lz3thgcaqk8elygu9d8s6myvrrwlwnsqueavhw', 'nshg13'], ['u/JSchuler99', 18, '2021-06-05 17:00', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0ox8sv/', "I'm absolutely shocked by the amount of downvotes this thread is getting. Must have some bcash bigblockers lurking.", 'nshg13'], ['u/shitoshi-nokamoto', 10, '2021-06-05 17:04', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0oxs2s/', 'Haha yeah, what the hell is that? I noticed early, but i still don’t get why.', 'nshg13'], ['u/JSchuler99', 11, '2021-06-05 17:07', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0oy6su/', "Yeah lots of people seem against offchain scaling and I don't think they realize that just makes them bcashers whether they like it or not 😂😂😂", 'nshg13'], ['u/WSB_Prince', 13, '2021-06-05 20:59', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0pr4oj/', "Amazing! Anyone who wants to get involved further setting up their own payment or routing node should head over the r/thelightningnetwork \n\nI'll open up some incoming liquidity to you!", 'nshg13']]], ['u/break_yo_self', 'Regulation is not your friend', 267, '2021-06-05 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/nshhjv/regulation_is_not_your_friend/', '**To those calling for regulation, ask yourself: what would Satoshi say?**\n\nThis may get downvoted to obscurity, but I have to get it off my chest. \n\nAll this clamoring for regulation of crypto markets is really sticking in my craw. Both in this sub and other online crypto spaces over the past few weeks (and loads today) there have been countless statements calling for regulation/complaining about lack of regulation. Ppl upset bc they believe this or that is market manipulation and that "they shouldnt be able to do that". **This is an anti-crypto mindset**, and needs to change if the vision of the founders of crypto will ever be truly realized.\n\nThe whole motivation behind the pioneers and early adopters of bitcoin - the people who built it and tested it and believed in it - was a currency to free them and their fellow man from reliance on fiat currencies. **Satoshi Nakamoto didn\'t make bitcoin so that ppl could toss a few month\'s rent from their savings into it to hopefully 2 or 3x their gains in a year and sell back into fiat.** The whole point of bitcoin was that you would use it as the currency. You\'d be selling *into* bitcoin to lock in profits, not selling *out* of it.\n\nWhy did they want this? Ever since the death of the gold standard, governments have played with their fiat currencies like gods and in many cases ruined the currency as a result of their hubris/ignorance/greed/all of the above. The people in the early crypto space knew this, and they wanted to build something that was immune to government - centralized power - control, precisely because of this shoddy track record (and the immense costs in human suffering as a result of ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 3.55% on Saturday. Following a 6.07% slide on Friday, Bitcoin ended the day at $35,535.0. A mixed start to the day saw Bitcoin rise to late morning intraday high $37,924.0 before hitting reverse. Falling short of the first major resistance level at $38,884, Bitcoin slid to a late intraday low $34,822.6. The extended sell-off saw Bitcoin fall through the first major support level at $35,195. Finding late support, however, Bitcoin broke back through the first major support level to end the day at $35,500 levels. The near-term bullish trend remained intact in spite of the fall back through to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash SV bucked the trend, rising by 1.11%. It was a bearish day for the rest of the majors, however. Chainlink and Ripple’s XRP slid by 6.02% and by 5.02% to lead the way down. Cardano’s ADA (-3.08%), Ethereum (-2.28%), and Litecoin (-3.14%) also struggled. Binance Coin (-0.16%), Crypto.com Coin (-0.41%), and Polkadot (-1.45%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,582. Bitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.01%. This Morning At the time of writing, Bitcoin was down by 0.16% to $35,477.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,642.0 before falling to a low $35,461.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Crypto.com Coin was down by 2.62% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $36,094 pivot to bring the first major resistance level at $37,365 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,924.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000. The second major resistance level sits at $39,195. Failure to move through the $36,094 pivot would bring the first major support level at $34,264 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000. The second major support level at $32,993 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 5th, 2021 The Week Ahead – Economic Data, the BoC, and the ECB to Keep the Markets Busy The Crypto Daily – Movers and Shakers – June 6th, 2021 The Crypto Daily – Movers and Shakers – June 5th, 2021 S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Extraordinarily Bullish The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets', 'Bitcoin, BTC to USD, fell by 3.55% on Saturday. Following a 6.07% slide on Friday, Bitcoin ended the day at $35,535.0.\nA mixed start to the day saw Bitcoin rise to late morning intraday high $37,924.0 before hitting reverse.\nFalling short of the first major resistance level at $38,884, Bitcoin slid to a late intraday low $34,822.6.\nThe extended sell-off saw Bitcoin fall through the first major support level at $35,195.\nFinding late support, however, Bitcoin broke back through the first major support level to end the day at $35,500 levels.\nThe near-term bullish trend remained intact in spite of the fall back through to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash SVbucked the trend, rising by 1.11%.\nIt was a bearish day for the rest of the majors, however.\nChainlinkandRipple’s XRPslid by 6.02% and by 5.02% to lead the way down.\nCardano’s ADA(-3.08%),Ethereum(-2.28%), andLitecoin(-3.14%) also struggled.\nBinance Coin(-0.16%),Crypto.com Coin(-0.41%), and Polkadot (-1.45%) saw relatively modest losses on the day.\nIn the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,582.\nBitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.01%.\nAt the time of writing, Bitcoin was down by 0.16% to $35,477.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,642.0 before falling to a low $35,461.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bearish start to the day.\nAt the time of writing, Crypto.com Coin was down by 2.62% to lead the way down.\nBitcoin would need to move through the $36,094 pivot to bring the first major resistance level at $37,365 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,924.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $40,000. The second major resistance level sits at $39,195.\nFailure to move through the $36,094 pivot would bring the first major support level at $34,264 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000. The second major support level at $32,993 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 5th, 2021\n• The Week Ahead – Economic Data, the BoC, and the ECB to Keep the Markets Busy\n• The Crypto Daily – Movers and Shakers – June 6th, 2021\n• The Crypto Daily – Movers and Shakers – June 5th, 2021\n• S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Extraordinarily Bullish\n• The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets', 'Financial payments company Square and bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility to show the world that bitcoin can be \x93green.\x94 Under terms of the agreement, Square will invest $5 million in the facility while Blockstream will provide know-how to build and manage the project. The facility will be located at an existing Blockstream location. The announcement comes as the environmental impact of mining for the world\x92s largest cryptocurrency has come under intense scrutiny . a development that reportedly has scared away some institutional investors and contributed to the recent decline in the price of bitcoin. \x93We hope to show that a renewable mining facility in the real world is not only possible but also prove empirically that Bitcoin accelerates the world toward a sustainable future,\x94 Blockstream said in a release announcing the project. For its part, Square tweeted that the venture will be creating a \x93public-facing dashboard to serve as a transparent case study for renewable energy and bitcoin mining.\x94 For Square, the venture is well in line with CEO Jack Dorsey\x92s stated love of bitcoin. Earlier Saturday, Dorsey, who is also Twitter CEO, was quoted as saying, \x93Bitcoin changes absolutely everything. I don\x92t think there is anything more important in my lifetime to work on.\x94 Related Stories Jack Dorsey Says Square Is Considering Developing a Bitcoin Hardware Wallet Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D Bitcoin\x92s Bull Market \x91May Have Come to an End,\x92 Says MRB Partners Argo Blockchain\x92s Bitcoin Holding Passes 1,000', 'Financial payments company Square and bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility to show the world that bitcoin can be \x93green.\x94 Under terms of the agreement, Square will invest $5 million in the facility while Blockstream will provide know-how to build and manage the project. The facility will be located at an existing Blockstream location. The announcement comes as the environmental impact of mining for the world\x92s largest cryptocurrency has come under intense scrutiny . a development that reportedly has scared away some institutional investors and contributed to the recent decline in the price of bitcoin. \x93We hope to show that a renewable mining facility in the real world is not only possible but also prove empirically that Bitcoin accelerates the world toward a sustainable future,\x94 Blockstream said in a release announcing the project. For its part, Square tweeted that the venture will be creating a \x93public-facing dashboard to serve as a transparent case study for renewable energy and bitcoin mining.\x94 For Square, the venture is well in line with CEO Jack Dorsey\x92s stated love of bitcoin. Earlier Saturday, Dorsey, who is also Twitter CEO, was quoted as saying, \x93Bitcoin changes absolutely everything. I don\x92t think there is anything more important in my lifetime to work on.\x94 Related Stories Jack Dorsey Says Square Is Considering Developing a Bitcoin Hardware Wallet Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D Bitcoin\x92s Bull Market \x91May Have Come to an End,\x92 Says MRB Partners Argo Blockchain\x92s Bitcoin Holding Passes 1,000', 'Financial payments company Square and bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility to show the world that bitcoin can be \x93green.\x94 Under terms of the agr **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: 2021-06-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $666,596,423,350 - Hash Rate: 156943254.27725816 - Transaction Count: 185305.0 - Unique Addresses: 467665.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.17 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Wrapped has announced Eco BTC (eBTC), reportedly the first “green” bitcoin-based asset, is available. Thursday marked an important day in the crypto world for eco-conscious investors. Wrapped announced the launch of eBTC, which is being dubbed as the first carbon-neutral, or “green,” bitcoin (BTC)-backed asset. Now, investors, who are concerned about the effect of crypto on the environment, can get exposure to bitcoin while not compromising their beliefs. Investors can transact using an asset-backed 1:1 with BTC. Additional advantages for environmentalists looking to invest are the ability to track data necessary for sustainability programs and use BTC in trading and decentralized finance (DeFi) apps, with a mind on the environment. eBTC will be available on the Celo blockchain via Ubeswap software. The new green asset combines bitcoin with MOSS Earth Carbon Credits (MCO2) in a new single digital asset. MOSS Earth is one of the industry’s biggest environmental platforms that is hoping to combat climate change by reducing the carbon footprint of digital currencies . MOSS carbon credits are coded into blockchain and are fully tokenized. The tokenized carbon credits help to grow global environmental conservation efforts. Persistent concerns over crypto’s carbon footprint As the price of bitcoin rises, after the most recent crash, so with it rises increasing concerns over the energy used by cryptocurrencies in general. For years, experts in the industry have raised a few eyebrows at the truly massive amount of energy required to mine new coins into circulation. Bitcoin alone has a carbon footprint that compares to entire countries such as New Zealand. With each producing around 36.95 megatons of CO2 annually . In fact, if bitcoin itself was a country, it would rank thirty-third globally, consuming nearly 77.78 terawatt-hours (TWh). In other terms, bitcoin mining uses enough energy to run half of Australia. Some researchers, like those from Cambridge, believe the number could be closer to 110.55 TWh.... - Reddit Posts (Sample): [['u/tag654', 'So what now.', 115, '2021-06-06 00:05', 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/', "Its been a super stagnant month.\n\nI don't think BTC is gonna hold up after this musk stuff.\n\nI think we are definitely going to hit 28K btc.\n\nSucks that I can't trade anything. Too risky to trade with a looming swap around the corner.\n\n\n---\n\nSo what now.\n\n-----\n\nWell, for most ppl it'd be a great buying time. At 28K, shib should roughly be 0.000004-05\n\nYou'd be getting it half off at .00001 price point\nAnd from all time high thatd be almost 8x discount.\n\nPretty good.\n\n----\n\nFor those who really don't wanna buy more (me included)\n\nWe just wait for swap\n\n------\n\nThe updates so far ///\n\n- Swap posted its first tweet today on @ShibaSwap \n(its not shib informer -- he gave the @ to shytoshi)\n\nPretty sure Shytoshi tweeted that. Could be wrong though\n\n- The address that VB sent his remaining 5% Shib to sold today according to reports.\n\n- Indian Fund still hold 30T shiba. They won't sell until 1200. They always sell around that price point , so they'll be holding for awhile.\n\n- Elon Musk got called out by Anonymous for market manipulation today. Elon Blacked out his Twitter profile and stopped tweeting after this. \n(Weird timeline we are on eh?)\n\n- AMC stock rose and fell (similar to first week of GME)\nThough GME popped off on the second week. :) \nGood way to make small gains --> Shib.\n Sell at 100$ /share. Not F.A.\n\n============\n\n\nHonestly with everything going on. Just keep dip buying and holding. I believe in Shib and will be on Vacay all this month trying to just keep it all in the background. Hoping everything gets launched this month. According to Shytoshi saying at least a week from June 1st or 2nd.\n\nI'm assuming swap will be out before Wed.\nIf swap is finished and Certik has checked everything but the last bit of code they just sent (they don't work on the weekends) then Im assuming either Mon/Tues/Wed \n\n\nTo me, it'd be kinda crazy if it wasn't next week with all the hints we've had. But thats just me.\n\n\nThanks for hearing my TedTalk. \n\n\n\nOff Topic: Let me know what cool things you plan to do this summer?! Hopefully with covid regulations lifting most places!!\n\n\nDon't forget to upvote if you like posts like these.\n\nThanks.\n\n- Pup Whale", 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/', 'nt6o2k', [['u/Whoistherealbobbins', 14, '2021-06-06 00:36', 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/h0qgkrn/', 'Good times, always a good read, wish all of you a good summer. Regardless of Crypto, Elon and the Internet in general ;)', 'nt6o2k'], ['u/Wipeclean1', 14, '2021-06-06 00:45', 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/h0qhlnj/', "Honestly. I would love to buy on the dips, but, maxed out in terms of liquidity to spend more. Right now I'm having my fist drink in a pub for almost nine months. That's my holiday right there.", 'nt6o2k']]], ['u/kadudu888', 'What does El Salvador mean by making Bitcoin a “legal tender”? Does it mean it is removing USD (its native currency) and using Bitcoin instead nationwide?', 15, '2021-06-06 00:26', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/', 'I hope thats what it means.....becoz......otherwise what is the big fuss about?\n\nP.S. I had to check google map to see where the country is.', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/', 'nt72xg', [['u/rtmullen3', 27, '2021-06-06 00:36', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/h0qgkk6/', 'Legal tender is money that must be accepted in the repayment of a debt.\n\nThis means that if you owe someone money in El Salvador, and attempt to pay them in bitcoin, they are legally obligated to accept it as payment.', 'nt72xg'], ['u/rtmullen3', 11, '2021-06-06 00:49', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/h0qi2c5/', 'It’s an asset. If you go to the gas station down the street, fill up your tank, and try to pay them in gold they do not have to accept it. If you try to pay them in pennies they do have to accept it.\n\nPennies are legal tender, gold is not.', 'nt72xg'], ['u/rtmullen3', 10, '2021-06-06 01:17', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/h0ql55f/', 'Sorry you’ll need to look elsewhere for El Salvadorian tax advice. 🤓', 'nt72xg']]], ['u/shadow2995', 'Cryptocurrencies f*cked my mental health !', 30, '2021-06-06 00:28', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/', "Whether things are going up or down , you just feel the constant pressure on your mind . You have to make so many decisions everyday in this market , but you have no idea about it . should I sell ? should I buy more ? what if this is the top ? what if I'm wrong about this ?\nThis doubt , uncertainty and constant anxiety are killing me . \nI feel like my mind is a CPU that 80% of its capacity is used at any moment with thoughts about the crypto market .\nThere are always many huge gains that you're missing .\n\nFeeling regrets about coins you sold but went 100x after that . \nFeeling that everybody got rich , even the most stupid people you know got rich by some random meme coins , without knowing a thing about bitcoin or blockchain , but you didn't . Even though you put so much more time and effort than them , been longer here , learned more than them about crypto , but it was all for nothing . \n\nyeah , I made some money off crypto and I'm not ungrateful , but it's nothing compare to huge gains of many people that I know .\nIt's not all about money , It's more about how I'm feeling about myself . I feel like a coward loser .\nI didn't use this great opportunity properly and I'm afraid that I might never see something like that again in my life .", 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/', 'nt74ec', [['u/toocold2hold', 35, '2021-06-06 00:30', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0qfy43/', 'Just never sell and invest only what you are willing to lose and you’ll be a lot more zen', 'nt74ec'], ['u/toocold2hold', 19, '2021-06-06 00:52', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0qidxu/', 'No stop losses here we die like men', 'nt74ec'], ['u/id_death', 10, '2021-06-06 03:12', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0qxjgk/', 'This is the way.', 'nt74ec'], ['u/G_o_O_s', 12, '2021-06-06 03:44', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0r0sig/', 'I understand where you are coming from. You have to get yourself out of the mind set of booking quick gains. If you\'re not an experienced trader doing this for your 9-5... Yea you are gonna liquefy your brain. \n\nResearch 6 or so cryptos that you think might be worth while in a real world role, and buy small chunks on dips of 10% or more. Do not risk more money than you are comfortable losing. Also realize you don\'t lose until you sell for a loss. Crypto holdings don\'t expire. So as long as you don\'t need the money, you can hodl through all the FUD and BS tweets.\n\nThe market is human psychology in digital form. It\'s designed to psych you out to make you buy the top or sell the bottom. No one knows a damn thing. It\'s best just to follow your own plan. \n\nIf you find yourself losing your shit, put your phone down (or log off the computer) and do something else for an hour. Then come back with a clear head and rethink the situation. \n\nTry hold rather than sell for loss. If you just cant bring yourself to do that and the pain is too great, do what make you feel better. \n\nI always like to think of what Warren Buffett says about the market:. "The stock market is a device for transferring money from the impatient to the patient.". \n\nSay that to yourself before hitting the buy or sell button. No matter what you\'re trading or investing in. \n\nGood luck! 😁', 'nt74ec']]], ['u/REXdeAURUM', 'The silver squeeze will be bigger than Bitcoin, GME, and AMC combined.', 245, '2021-06-06 00:38', 'https://www.reddit.com/r/Wallstreetsilver/comments/nt7bp6/the_silver_squeeze_will_be_bigger_than_bitcoin/', ' \n\nThere are a few major differences between a squeeze in crypto or stocks, and Metals. With Crypto there is no use case for a digital asset whereas Gold and Silver have a heavy industrial use, thousands of years of use in jewelry and are still to this day used as a reserve asset in central banks around the world. With stock companies can end the squeeze at any time by issuing as many shares as they want like AMC is doing right now to kill the AMC squeeze. \n\nMetal on the other hand is in short supply. That supply is even shorter when you consider that the COMEX and various central banks are very likely lying about the amount of gold and silver, they really have, to suppress the price and make a profit.\n\nIf you look at the major retailers like APMEX, they are almost completely sold out and are charging higher premiums because of it. These retailers then must demand delivery of their silver futures to make more coins to sell to the public. At some point the COMEX will have to reject physical delivery to these companies because they do not have the physical metal to back it up. Once that day comes the price of Gold and Silver are going ballistic beyond anything we have seen before.\n\nThere is not more silver you can print to make up for the shortage, there is no company that can issue silver. Once enough people start to buy and HODL silver the game is over, the vaults will have ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 Gina Lee\nInvesting.com – Gold was down on Monday morning in Asia after lower-than-expected U.S. nonfarm payrolls data released during the previous week eased investors’ concerns that the U.S. Federal Reserve would tighten its current dovish monetary policy.\nGold futures edged down 0.12% to $1,889.75 by 12:04 PM ET (4:04 AM GMT). The dollar, which usually moves inversely to gold, inched up on Monday while the benchmark 10-year U.S. Treasury yield slipped below 1.6%.\nData released on Friday said thatnon-farm payrollsin May increased to 559,000, higher than April’s 278,000 reading but below 650,000 figure in forecasts prepared by Investing.com. The lower-than-expected figure eased investors’ concerns about potential runaway inflation and earlier-than-expected interest rate hikes.\nMeanwhile, U.S. Treasury SecretaryJanet Yellensaid on Sunday that U.S. President Joe Biden’s $4 trillion spending plan would be good for the U.S. even if it results in inflation that persists into 2022 and interest rate hikes.\n“If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen told Bloomberg.\nSome investors remained cautiously optimistic.\n“We are seeing some long covering in Asia today, with risk hedges being unwound after an uneventful news weekend, helped by a slightly stronger dollar and with Bitcoin rallying... although gold has corrected in recent sessions, the bullish fundamentals remain in place. Only a sharp steepening of the U.S. yield curve is likely to change that,” Jeffrey Halley, OANDA senior market analyst, told Reuters.\nInvestors now await the European Central Bank's policy decision, due to be handed down on Thursday. The Fed is also scheduled to meet from Jun. 15 to 16.\nOn the demand front, India, the second-largest gold consumer globally, posted the biggest discounts in eight and a half months last week as the number of COVID-19 cases in India topped 28.8 million as of Jun 7, according to Johns Hopkins University data.\nIn other precious metals, silver dropped 0.7% and palladium fell 0.3%, while platinum edged up 0.2%.\nRelated Articles\nGold\u202f Down over Soft U.S. Jobs Data\nOil eases as investors await Iran nuclear talks this week\nGold Holds Advance After U.S. Jobs Data, Yellen’s Comments", "By Gina Lee Investing.com – Gold was down on Monday morning in Asia after lower-than-expected U.S. nonfarm payrolls data released during the previous week eased investors’ concerns that the U.S. Federal Reserve would tighten its current dovish monetary policy. Gold futures edged down 0.12% to $1,889.75 by 12:04 PM ET (4:04 AM GMT). The dollar, which usually moves inversely to gold, inched up on Monday while the benchmark 10-year U.S. Treasury yield slipped below 1.6%. Data released on Friday said that non-farm payrolls in May increased to 559,000, higher than April’s 278,000 reading but below 650,000 figure in forecasts prepared by Investing.com. The lower-than-expected figure eased investors’ concerns about potential runaway inflation and earlier-than-expected interest rate hikes. Meanwhile, U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. President Joe Biden’s $4 trillion spending plan would be good for the U.S. even if it results in inflation that persists into 2022 and interest rate hikes. “If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen told Bloomberg. Some investors remained cautiously optimistic. “We are seeing some long covering in Asia today, with risk hedges being unwound after an uneventful news weekend, helped by a slightly stronger dollar and with Bitcoin rallying... although gold has corrected in recent sessions, the bullish fundamentals remain in place. Only a sharp steepening of the U.S. yield curve is likely to change that,” Jeffrey Halley, OANDA senior market analyst, told Reuters. Investors now await the European Central Bank's policy decision, due to be handed down on Thursday. The Fed is also scheduled to meet from Jun. 15 to 16. On the demand front, India, the second-largest gold consumer globally, posted the biggest discounts in eight and a half months last week as the number of COVID-19 cases in India topped 28.8 million as of Jun 7, according to Johns Hopkins University data. Story continues In other precious metals, silver dropped 0.7% and palladium fell 0.3%, while platinum edged up 0.2%. Related Articles Gold\u202f Down over Soft U.S. Jobs Data Oil eases as investors await Iran nuclear talks this week Gold Holds Advance After U.S. Jobs Data, Yellen’s Comments", 'Logan Paul lost his only previous professional boxing match against fellow YouTuber KSI (YouTube/ DAZN) Undefeated five division boxing champion Floyd Mayweather , widely considered to be the greatest pound-for-pound fighter of his generation, is set to take on Logan Paul , a YouTube star most famous for once filming a dead body. If Paul manages to somehow win the fight, his legacy may well be rewritten as the first ever person to defeat the boxing superstar. The controversial YouTuber will have plenty of fans hoping he does just that, though none of his 23 million followers will actually be able to watch the fight for free on the popular video-sharing platform. Instead, the 6 June bout (8pm-10pm ET) will be broadcast as a pay-per-view (PPV) contest on Fanmio , for the cost of $49.99. People in the UK can watch it on Sky Sports Box Office for £16.95, with coverage beginning at 11.55pm. The price will likely lead fight fans to seek out a free live stream that allow them to watch the contest online without paying. The streams may be illegal but a lack of police interference with those watching them has led to what some experts have referred to as the “golden age” of piracy . In the build up to the match, links to free streams were already spreading across the internet , shared on social media platforms like Facebook and Twitter, as well as within dedicated forums on sites like Reddit. In an effort to crackdown on the spread of free live streams, intellectual property rights organisations have recently been working closely with police to crackdown on people watching the illegal content, rather than simply the people who host it. (USA TODAY Sports) The Federation Against Copyright Theft (FACT) teamed up with the Lancashire Police Cyber Crime Unit in December in order to send warning notices to more than 7,000 people in the UK suspected of watching illegal live streams. “We are pleased to give our full support to Lancashire Police in sending a really clear message to those choosing to consume content illegally,” said Kieron Sharp, CEO of anti- piracy organisation FACT. Story continues “This is taken very seriously by the police and these notices are a direct and alarming wake up call for people using illegal streams.” Cyber security experts have also warned of the risks involved in watching free online streams of high-profile boxing fights and other blockbuster PPV events. Sites claiming to offer illicit streams have often been associated with phishing campaigns, designed to capture a person’s private details. Sime links may even contain hidden ramsomware software designed to install itself on a victim’s device and block their access to it until a ransom is paid. Read More Bitcoin price – live: Elon Musk says ‘new space race has begun’ as crypto market settles Nasa starts investigation into UFO recorded by Navy pilots who are ‘sure that they saw something real’ Google fined €220 million after being accused of ‘abuse of power’ by French antitrust regulator', 'Logan Paul lost his only previous professional boxing match against fellow YouTuber KSI (YouTube/ DAZN) Undefeated five division boxing champion Floyd Mayweather , widely considered to be the greatest pound-for-pound fighter of his generation, is set to take on Logan Paul , a YouTube star most famous for once filming a dead body. If Paul manages to somehow win the fight, his legacy may well be rewritten as the first ever person to defeat the boxing superstar. The controversial YouTuber will have plenty of fans hoping he does just that, though none of his 23 million followers will actually be able to watch the fight for free on the popular video-sharing platform. Instead, the 6 June bout (8pm-10pm ET) will be broadcast as a pay-per-view (PPV) contest on Fanmio , for the cost of $49.99. People in the UK can watch it on Sky Sports Box Office for £16.95, with coverage beginning at 11.55pm. The price will likely lead fight fans to seek out a free live stream that allow them to watch the contest online without paying. The streams may be illegal but a lack of police interference with those watching them has led to what some experts have referred to as the “golden age” of piracy . In the build up to the match, links to free streams were already spreading across the internet , shared on social media platforms like Facebook and Twitter, as well as within dedicated forums on sites like Reddit. In an effort to crackdown on the spread of free live streams, intellectual property rights organisations have recently been working closely with police to crackdown on people watching the illegal content, rather than simply the people who host it. (USA TODAY Sports) The Federation Against Copyright Theft (FACT) teamed up with the Lancashire Police Cyber Crime Unit in December in order to send warning notices to more than 7,000 people in the UK suspected of watching illegal live streams. “We are pleased to give our full support to Lancashire Police in sending a really clear message to those choosing to consume content illegally,” said Kieron Sharp, CEO of anti- piracy organisation FACT. Story continues “This is taken very seriously by the police and these notices are a direct and alarming wake up call for people using illegal streams.” Cyber security experts have also warn **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: 2021-06-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $668,552,174,344 - Hash Rate: 139156352.12583557 - Transaction Count: 235479.0 - Unique Addresses: 615279.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.15 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. indices traded lower Tuesday amid a continued sell-off in equities, driven by selling in growth stocks and technology stocks. Inflation concerns have also weighed on stocks and further pressured growth sectors. The SPDR S&P 500 ETF Trust (NASDAQ: SPY ) finished lower by 0.89% at $414.21. The Invesco QQQ Trust Series 1 (NASDAQ: QQQ ) fell by 0.14% at $325.31. The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA ) finished lower by 1.39% at $342.91. Here are the day's winners and losers from the SPY, according to data from Benzinga Pro . Leaders for the S&P 500 were Enphase Energy Inc (NASDAQ: ENPH ), Paypal Holdings Inc (NASDAQ: PYPL ) and Twitter Inc (NYSE: TWTR ). Hanesbrands Inc. (NYSE: HBI ), Occidental Petroleum Corporation (NYSE: OXY ) and HP Inc (NYSE: HPQ ) were among the largest losers. Elsewhere On The Street Data analytics company Palantir Technologies Inc. (NYSE: PLTR ) is the latest public company to embrace Bitcoin. Palantir, which reported forecast-beating first-quarter revenue Tuesday and in-line earnings per share, said on its earnings call that it will accept Bitcoin (CRYPTO: BTC) as payment from customers... Read More Neuberger Berman's Dan Flax talked Tuesday about three growth stocks in particular that he thinks are well-positioned in the long term on CNBC's "Squawk Box." Rising interest rates will be a concern for growth stocks in the near term, but longer-term secular trends around the buildout of digital infrastructure remain healthy, Flax said... Read More A leading retailer of home, fragrance and women’s lingerie and beauty products has announced a spinoff intended to unlock shareholder value. Here’s what investors should know about the spinoff of Victoria’s Secret business from L Brands (NYSE: LB )... Read More See more from Benzinga Click here for options trades from Benzinga Tesla, Qualcomm Plummet, Lead QQQ Sharply Lower Monday Nike And Disney Lead The Dow Jones Higher To Close The Week © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/SolorMining', 'New to CryptoCurrency/Blockchain and want to learn about Finance and Economics? Here are some FREE Educational Courses on Finance, Economics, CryptoCurrency, and even Math and Law (US). Spend the Summer learning, for free.', 457, '2021-06-07 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/', 'Last month I made a post about Free Educational courses on [Learning to become a Developer](https://www.reddit.com/r/CryptoCurrency/comments/n5jz6w/want_to_become_a_crypto_developer_here_is_a_list/). The post became very popular and I hope it inspired many people to begin down that path, as they CryptoCurrency industry certainly could use more developers!\n\nOne thing the CryptoCurrency industry could also use more of, is Finance and Economy experts. Because of this, I decided to compile another list of Free Educational courses on Finance, Economics, and related topics.\n\nAs with the previous post, all courses listed here are Free to take, and come with Free Certificates of Competition or Digital Badge equivalents. The main providers are Saylor Academy and National Paralegal College.\n\n​\n\n**Finance**\n\n* [BUS101: Introduction to Business (Saylor Academy)](https://learn.saylor.org/course/view.php?id=3)\n* [BUS103: Introduction to Financial Accounting (Saylor Academy)](https://learn.saylor.org/course/view.php?id=52)\n* [BUS105: Managerial Accounting (Saylor Academy)](https://learn.saylor.org/course/view.php?id=53)\n* [BUS202: Principles of Finance (Saylor Academy)](https://learn.saylor.org/course/view.php?id=63)\n* [BUS204: Business Statistics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=109)\n\n​\n\n**Economics**\n\n* [ECON101: Principles of Microeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=8)\n* [ECON102: Principles of Macroeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=9)\n* [ECON201: Intermediate Microeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=35)\n* [ECON202: Intermediate Macroeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=36)\n* [ECON307: International Trade (Saylor Academy)](https://learn.saylor.org/course/view.php?id=37)\n\n​\n\n**CryptoCurrency / Blockchain**\n\n* [Bitcoin for Everybody (Saylor Academy)](https://learn.saylor.org/course/view.php?id=468)\n* [Blockchain Essentials (IBM)](https://cognitiveclass.ai/courses/blockchain-course)\n* [How to Do Online Trading: A Complete Newbie Guide (BitDegree)](https://www.bitdegree.org/course/how-to-do-online-trading)\n* [DFIN 511: Introduction to Digital Currencies (UNIC) **(Starts Sept 27th)**](https://www.unic.ac.cy/blockchain/free-mooc/)\n\n​\n\n**Bonus: Math**\n\n* [MA001: College Algebra (Saylor Academy)](https://learn.saylor.org/course/view.php?id=24)\n* [MA005: Calculus I (Saylor Academy)](https://learn.saylor.org/course/view.php?id=25)\n* [MA111: Introduction to Mathematical Reasoning (Saylor Academy)](https://learn.saylor.org/course/view.php?id=27)\n* [MA121: Introduction to Statistics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=28)\n\n​\n\n**Bonus: Law (US-only)**\n\n* [BUS205: Business Law (Saylor Academy)](https://learn.saylor.org/course/view.php?id=89)\n* [Basics of Accounting (National Paralegal College)](https://lawshelf.com/videocoursescontentview/basics-of-accounting/)\n* [Business Organizations (National Paralegal College)](https://lawshelf.com/videocoursescontentview/business-organizations/)\n* [Business Operating Agreements (National Paralegal College)](https://lawshelf.com/videocoursescontentview/business-operating-agreements/)\n* [Security Regulation (National Paralegal College)](https://lawshelf.com/videocoursescontentview/securities-regulation)\n* [Stock and Stock Transfers (National Paralegal College)](https://lawshelf.com/videocoursescontentview/stocks-and-stock-transfer)\n* [Debtor and Creditor Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/debtor-and-creditor-law)\n* [Consumer Protection (National Paralegal College)](https://lawshelf.com/videocoursescontentview/consumer-protection-/)\n* [Commercial Payments (National Paralegal College)](https://lawshelf.com/videocoursescontentview/commercial-payments/)\n* [Cyber Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/-cyberlaw/)\n* [Insurance Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/insurance-law/)\n* [Secured Transactions (National Paralegal College)](https://lawshelf.com/videocoursescontentview/secured-transactions/)\n* [Basics of Contract Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/contracts-law-basics)\n* [Negotiating and Drafting Contracts (National Paralegal College)](https://lawshelf.com/videocoursescontentview/negotiating-and-drafting-contracts)\n* [Sales of Goods (National Paralegal College)](https://lawshelf.com/videocoursescontentview/sales-of-goods)\n* [Acquiring Copyright Protection (National Paralegal College)](https://lawshelf.com/videocoursescontentview/acquiring-copyright-protection)\n* [Copyright Enforcement and Defense (National Paralegal College)](https://lawshelf.com/videocoursescontentview/copyright-enforcement)\n* [Basics of Patent Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/basics-of-patent-law)\n* [Trademarks (National Paralegal College)](https://lawshelf.com/videocoursescontentview/trademarks)\n* [Basics of Federal Taxation (National Paralegal College)](https://lawshelf.com/videocoursescontentview/fed-inc-tax)\n* [State and Local Taxation (National Paralegal College)](https://lawshelf.com/videocoursescontentview/state-and-local-taxation)\n\n​\n\nHappy learning friends!\n\n(Note: If you have additional Educational Resources, please post them in the comments and I will update this list accordingly.)', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/', 'nty72l', [['u/DoctorModalus', 13, '2021-06-07 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0ujobb/', 'Commenting in a epic thread.', 'nty72l'], ['u/SolorMining', 44, '2021-06-07 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0ujp0s/', 'You know what I like better than this Lambo? Knowledge!', 'nty72l'], ['u/cm2_0', 30, '2021-06-07 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0ujzgh/', 'Well, I created a post that collects all the cringiest videos of the cryptocurrency community. \n\nYou created a post that collects all this important knowledge. \n\nNow I feel useless.', 'nty72l'], ['u/TakingChances01', 11, '2021-06-07 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0uklo7/', 'Upvote for your efforts so you don’t feel too worthless.', 'nty72l']]], ['u/Davinter30', 'Russian underground forum running a contest for hacking cryptocurrencies, nfts. Prizes are on offer (100 000$) for everything from stealing wallet funds to compromising NFTs.', 28, '2021-06-07 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyu34/russian_underground_forum_running_a_contest_for/', 'Over the past month, according to\xa0Intel 471, operators of Russian underground forums have been running a competition asking for papers that examine "how to target cryptocurrency-related technology."\n\n\nStarting April 20, the contest requests unorthodox methods covering everything from the theft of private keys and wallets used to store cryptocurrency including Bitcoin (BTC) and Ethereum (ETH) to submissions for "unusual" cryptocurrency mining software, as well as proposals relating to smart contracts and non-fungible tokens (NFTs).\n\nAccording to the team, proposals were accepted over 30 days with the forum administrator claiming that $100,000 in prizes would be awarded to the \'best\' research -- and a further $15,000 was shortly added to the pool.\xa0', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyu34/russian_underground_forum_running_a_contest_for/', 'ntyu34', [['u/Yatakak', 20, '2021-06-07 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyu34/russian_underground_forum_running_a_contest_for/h0uo509/', '$115,000 seems fuck all in exchange for the ability to steal millions...', 'ntyu34']]], ['u/roberthonker', 'Miner fees are very low right now. This is a good time to get some transaction done.', 23, '2021-06-07 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyuki/miner_fees_are_very_low_right_now_this_is_a_good/', 'ETH gas fees are currently 10 Gwei or 60 cents\n\nBTC fees are 1-3 sat/vb so less than 10 cents in some cases\n\nThis is a great time to get your transactions done that you were putting off due to the ridiculous fees.', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyuki/miner_fees_are_very_low_right_now_this_is_a_good/', 'ntyuki', [['u/GaudExMachina', 10, '2021-06-07 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyuki/miner_fees_are_very_low_right_now_this_is_a_good/h0usv5d/', 'Yes....hurry up and transact, miners are starving', 'ntyuki']]], ['u/AutoModerator', 'Daily June 07, 2021 [All Questions Here Please]', 29, '2021-06-07 02:00', 'https://www.reddit.com/r/ergonauts/comments/ntz6on/daily_june_07_2021_all_questions_here_please/', ' \n\nWelcome Ergonauts\n\nPlease address all questions in this thread (or FAQ). \n\nDirect all posts regarding mining to r/erg_miners\n\nDirect all posts regarding trading/buying to r/ErgoTrading\n\nDirect all posts regarding NFTs to r/ErgoNFTs\n\nThe following information is provided to help answer any common questions you may have.\n\n​\n\n1. [Read the Manifest... 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:** ['When Zennia Barahona walks her Shiba Inu dog named Luna, passersby often stare, point their fingers, and even shout.\n“People see her and say, ‘It’s the Doge dog,’” says Barahona, referring to Dogecoin, the hot cryptocurrency that features a fluffy Shibu Inu in its logo.\nThe recent rise of Dogecoin and its buzzy crypto cousin,Shiba Inu coin, which also uses its namesake breed as a mascot, have made Shiba Inu dogs a hot commodity. Fans of digital currencies, along with people with a nose for trends, are snapping up Shiba Inu puppies, creating a boom for the teddy bear-ish dogs that parallels the soaring cryptocurrency market.\nBut there\'s a downside to the breed\'s new-found popularity. Puppy mills are starting to churn out the dogs to meet the rising demand, leading to overbreeding that has translated into health complications and deformities.\nMeanwhile, first-time owners are unaware of the breed’s sometimes difficult temperament. The result: Shibas are being dumped, leaving shelters and rescue organizations overwhelmed.\n“This year in particular has been like no other, and we are just barely keeping our head above water here,” says Mary Bondoux, a volunteer who helps run the Colorado Shiba Inu Rescue. “I really wish cryptocurrency would find another mascot.”\nShiba Inus are an ancient breed whose history dates back to 7000 B.C., according to the American Kennel Club. Originally used as hunting dogs in Japan, Shibas first appeared in the U.S. in the 1950s. The dogs look similar to red foxes, have personalities that often resemble those of cats, and are notoriously difficult to train. Still, they\'re among the most popular breeds in Japan.\nFor most of their history in the U.S., the dogs were relatively rare. Only in the 21st century have they really become celebrities.\nIn 2008, a couple set up a live webcam that focused on their Shiba Inu puppies. The feed went viral for its cute factor, briefly boosting the demand for the breed.\nThen, in 2013 the crypto world discovered Shiba Inus. Dogecoin, created as a joke in response to other cryptocurrencies like Bitcoin, picked the breed as its mascot, basing it off of a viral meme featuring the dog. The meme, called the "doge meme," featured a photo of a Shiba Inu giving the camera a side-eye.\nSeven years later, in August of 2020, Shiba Inu coin debuted, marketing itself as the "Dogecoin killer." As such, it also adopted the Shiba Inu breed as its mascot to directly rival Dogecoin.\nBoth Dogecoin and Shiba Inu coin have exploded in value over the past 12 months, giving Shiba Inu dogs their moment. In late 2020, Dogecoin\'s value popped afterTeslaCEO Elon Musk started tweeting about "Doge." He has since tweeted about the cryptocurrency several times, helping toboost the coin\'s value.\nBut Musk may have also helpedShiba Inu coinrise, simply by mentioning, well, Shiba Inus. In March, he tweeted, "I’m getting a Shiba Inu#resistanceisfutile," apparently meaning he planned to get a pet. That coupled with the surge of Dogecoin has helped increase the value and popularity of Shiba Inu coin.\nShiba advocates say the digital coins\' fame has made their jobs more important than ever. Barahona, the Shiba Inu owner who is also president of NYC Shiba Rescue, took three adopted Shibas and a stack of educational pamphlets to Dogecoin’s debut party in New York City’s Financial District in 2013. She set up a table and even accepted Dogecoin as donations for the rescue at the party, attended by about 200 people and festooned with a big Shiba Inu made from of balloons.\nBarahona had hoped to get the message out that Shiba Inus could be difficult to own. Because the dogs were bred to be hunters, they often reflexively chase small animals. They also can be prickly about other dogs and tend to want to be left alone rather than snuggled.\nBondoux, the Colorado rescue volunteer, says the best way to describe the breed is “dogs on the spectrum.” She implored people who are considering getting a Shiba Inu to do their research.\nAt NYC Shiba Rescue, the latest surge of interest in both cryptocurrencies has led to a 30% rise in applications—from hundreds of people—to adopt Shibas. COVID-19 has also helped to increase demand, part of what\'s known as the "pandemic dog" phenomenon.\nAt Colorado Shiba Inu Rescue, 300 people are on a waitlist. While that may seem like a good thing, Bondoux says 90% of those people “have no business getting a Shiba" and that "all they know is that’s the cryptocurrency dog.”\n“I wish there was more consciousness and social responsibility when thinking about using the image of a dog,” Bondoux says. “If I’m going to make a dog famous, how might that impact the breed?”\nBreeders are seeing the boom, too. Roki Yama Shibas, a breeding business in Wheat Ridge, Colo., says it\'s also experiencing a surge, with people willing to pay top dollars for the breed. A typical Shiba can cost up to $3,000, which some Shibas say is almost double what the dogs cost several years ago. “We have had an increase in requests to with people making outrageous offers to get a Shiba right away,” the group says in an email.\nMichelle Gori, who shows and breeds Shibas outside of San Francisco, says she\'s not thrilled with how the cryptocurrencies have pushed the breed into the spotlight. She says in addition to creating an influx of Shiba shelter dogs, the trend has spurred many people to avoid reputable breeders to get their dogs faster.\nSays Gori, "They want it, and they want it now."\nThis story was originally featured onFortune.com', 'When Zennia Barahona walks her Shiba Inu dog named Luna, passersby often stare, point their fingers, and even shout. \x93People see her and say, \x91It\x92s the Doge dog,\x92\x94 says Barahona, referring to Dogecoin, the hot cryptocurrency that features a fluffy Shibu Inu in its logo. The recent rise of Dogecoin and its buzzy crypto cousin, Shiba Inu coin , which also uses its namesake breed as a mascot, have made Shiba Inu dogs a hot commodity. Fans of digital currencies, along with people with a nose for trends, are snapping up Shiba Inu puppies, creating a boom for the teddy bear-ish dogs that parallels the soaring cryptocurrency market. But there\'s a downside to the breed\'s new-found popularity. Puppy mills are starting to churn out the dogs to meet the rising demand, leading to overbreeding that has translated into health complications and deformities. Meanwhile, first-time owners are unaware of the breed\x92s sometimes difficult temperament. The result: Shibas are being dumped, leaving shelters and rescue organizations overwhelmed. \x93This year in particular has been like no other, and we are just barely keeping our head above water here,\x94 says Mary Bondoux, a volunteer who helps run the Colorado Shiba Inu Rescue. \x93I really wish cryptocurrency would find another mascot.\x94 Shiba Inus are an ancient breed whose history dates back to 7000 B.C., according to the American Kennel Club. Originally used as hunting dogs in Japan, Shibas first appeared in the U.S. in the 1950s. The dogs look similar to red foxes, have personalities that often resemble those of cats, and are notoriously difficult to train. Still, they\'re among the most popular breeds in Japan. For most of their history in the U.S., the dogs were relatively rare. Only in the 21st century have they really become celebrities. In 2008, a couple set up a live webcam that focused on their Shiba Inu puppies. The feed went viral for its cute factor, briefly boosting the demand for the breed. Story continues Then, in 2013 the crypto world discovered Shiba Inus. Dogecoin, created as a joke in response to other cryptocurrencies like Bitcoin, picked the breed as its mascot, basing it off of a viral meme featuring the dog. The meme, called the "doge meme," featured a photo of a Shiba Inu giving the camera a side-eye. Shiba Inu dogs Seven years later, in August of 2020, Shiba Inu coin debuted, marketing itself as the "Dogecoin killer." As such, it also adopted the Shiba Inu breed as its mascot to directly rival Dogecoin. Both Dogecoin and Shiba Inu coin have exploded in value over the past 12 months, giving Shiba Inu dogs their moment. In late 2020, Dogecoin\'s value popped after Tesla CEO Elon Musk started tweeting about "Doge." He has since tweeted about the cryptocurrency several times, helping to boost the coin\'s value . But Musk may have also helped Shiba Inu coin rise, simply by mentioning, well, Shiba Inus. In March, he tweeted, "I\x92m getting a Shiba Inu #resistanceisfutile ," apparently meaning he planned to get a pet. That coupled with the surge of Dogecoin has helped increase the value and popularity of Shiba Inu coin. Shiba advocates say the digital coins\' fame has made their jobs more important than ever. Barahona, the Shiba Inu owner who is also president of NYC Shiba Rescue, took three adopted Shibas and a stack of educational pamphlets to Dogecoin\x92s debut party in New York City\x92s Financial District in 2013. She set up a table and even accepted Dogecoin as donations for the rescue at the party, attended by about 200 people and festooned with a big Shiba Inu made from of balloons. Barahona had hoped to get the message out that Shiba Inus could be difficult to own. Because the dogs were bred to be hunters, they often reflexively chase small animals. They also can be prickly about other dogs and tend to want to be left alone rather than snuggled. Bondoux, the Colorado rescue volunteer, says the best way to describe the breed is \x93dogs on the spectrum.\x94 She implored people who are considering getting a Shiba Inu to do their research. At NYC Shiba Rescue, the latest surge of interest in both cryptocurrencies has led to a 30% rise in applications\x97from hundreds of people\x97to adopt Shibas. COVID-19 has also helped to increase demand, part of what\'s known as the "pandemic dog" phenomenon. At Colorado Shiba Inu Rescue, 300 people are on a waitlist. While that may seem **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: 2021-06-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $595,429,084,250 - Hash Rate: 155896965.91540977 - Transaction Count: 246906.0 - Unique Addresses: 656191.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Blockchain for Climate Foundation founder Joseph Pallant encourages “green choices” to offset the impact of the Bitcoin network’s carbon footprint. Speaking with Bloomberg about how to temper theenvironmental impactof cryptocurrencies, Pallant contrasted Ethereum and Bitcoin. First, he highlighted Ethereum’s migration to a less taxing proof-of-stake consensus mechanism over the next year. This could drive Ethereum’s carbon footprint down to near zero. “That’s why we’re very comfortable using it for our work at the Blockchain for Climate Foundation,” he said. However, with Bitcoin, he emphasized that it would not be using proof-of-stake. Ripple co-found Chris Larsen, recently wrote that Bitcoin’s energy-intensive proof-of-work mechanism could threaten the overallgrowing adoptionof crypto. Because of this, mitigating Bitcoin’s impact would require other tools, Pallant continued. Because Bitcoin lacks plans to mitigate the burden of its proof-of-work consensus mechanism, Pallant suggested making “green choices.” For instance, using renewable energy as an energy source for bitcoin mining. Canadian company Digihost recentlyannouncedthat over 50% of the energy for its mining operations came from renewable energy sources. Another suggestion he posed was purchasing carbon credits to offset Bitcoin’s carbon footprint. He highlighted another Canadian company, NinePoint, which offers a Bitcoin ETF. NinePoint isworkingwith Carbon X to calculate the impact of the bitcoin in its ETF and purchase credits to offset it. Pallant emphasized that potential investors understanding the environmental impact of their individual choices would be key for facilitating a “cleaner bitcoin.” He added that incentivizing miners to share data about their carbon footprint could go a long way in this regard. Although, “they’re notoriously hard to get to share data because they really need their privacy,” Pallant admitted. Despite the reticence in sharing data, the Blockchain for Climate Foundation executive director cited widely accepted estimates of crypto’s climate impact. He mentioned astudyfrom Cambridge University, which put Bitcoin’s carbon footprint at around 40-48 million tons of carbon emissions per year. Tesla CEO Elon Musk cited this same study when he announced that the company wouldno longer accept bitcoinpayments. Meanwhile, Pallant added that Ethereum’s impact amounts to 12 million tons per year. However, he concluded that Ethereum’s transition to proof-of-stake would likely lead to the footprint’s neutralization.... - Reddit Posts (Sample): [['u/Para-out', "Who of you still believe in fairy tales? FBI 'finds' the stolen BTC.", 69, '2021-06-08 00:03', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/', "Ok, so an group of hackers capable of hacking the company demand BTC instead of a privacy oriented crypto. Then, the FBI manage to reclaim a lot of the BTC by 'finding it' with a block explorer. Now they are in control of the private keys. That, and the recently discovered aliens have told us that the BTC protocol will fail in the autumn of 2024.\n\n“The Department of Justice has found and recovered the majority of the ransom paid,”\n\nA perfect story to: \n\\- Hide inflation: it's not inflation it's oil becoming expensive because of hackers! \n\\- Attack bitcoin: because criminals use it. We must take control! \n\\- Attack bitcoin: because assets can be seized easily by gov. agencies whenever they want to.\n\nAlso note that coindesk is absolute garbage, a 100% controlled media that does not question anything when it matters. \n\n[https://www.coindesk.com/federal-officials-recover-bitcoin-ransom-from-colonial-pipeline-attack](https://www.coindesk.com/federal-officials-recover-bitcoin-ransom-from-colonial-pipeline-attack)\n\n​\n\nMaybe they want your BTC cheap, real cheap.", 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/', 'nuoxh1', [['u/randomwach', 19, '2021-06-08 00:13', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0ynum0/', "They don't explain how they got the private keys tho", 'nuoxh1'], ['u/BornToBeHwild', 10, '2021-06-08 00:32', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yq8or/', 'The blockchain is a public ledger…', 'nuoxh1'], ['u/randomwach', 15, '2021-06-08 00:45', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yrxg1/', "Well if it's a exchange wallet make sense", 'nuoxh1'], ['u/bquintb', 36, '2021-06-08 00:57', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0ytdw6/', 'Looks to me like Bitcoin is a pretty shitty way to do crime. Better stick with fiat cash', 'nuoxh1'], ['u/riscten', 11, '2021-06-08 01:14', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yvglv/', 'WinAmp, WINAMP!!\n\nIt really whips the llamas ass.', 'nuoxh1'], ['u/CornBreadW4rrior', 12, '2021-06-08 01:37', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yy7cc/', 'Looks like putting your money into a company where the united States can use the power of the courts to take it from you was the bad choice here lol', 'nuoxh1']]], ['u/notinferno', 'Police around the world have been listening to messages on the ANOM.io app for three years', 121, '2021-06-08 00:22', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/', 'Police raids are underway. \n\nEdit 1: \n\n>In an audacious three-year operation, Aussie federal agents were secretly monitoring a trojan horse app operated by the FBI being used by organised crime gangs to plan executions, mass drug importations, industrial-scale money laundering and gun running.\n\n>The gangs thought the app – AN0M – put them out of reach of police.\n\nEdit 2: found a non-paywalled news source \n\n[Mass raids, arrests across Australia after police sting dismantles ‘encrypted’ app used by criminals](https://www.smh.com.au/national/mass-raids-arrests-across-australia-after-police-sting-dismantles-encrypted-app-used-by-criminals-20210607-p57yya.html) \n\n>The ambitious operation involving Anom, an encrypted service that has emerged as a rival to the Ciphr network also favoured by criminals worldwide, allowed authorities to monitor a vast trove of communications about the global drug trade and other illegal activities.\n\n>On Tuesday, the US Federal Bureau of Investigation and the Australian Federal Police were set to unveil the blow to organised crime, which has used encrypted communications to hamper authorities since the rise of the technology in recent years. \n\nEdit 3: \n\n>Hundreds of alleged offenders were tricked into communicating via AN0M, an encrypted app designed by police.\n\n>The app also helped police stop a mass shooting of a family of five, orchestrated by organised crime. \n\n>Hundreds more were nabbed by police in Europe and the US as authorities conducted sweeping raids across the globe.\n\n>The AFP said it had busted 21 murder plots, stopped more than 3000kg of drugs from hitting the streets and seized $35 million in cash. \n\n>Mr Kershaw said while the FBI had the lead on the investigation, the AFP provided the “technical capability to be able to decrypt the messages”.\n\n>Despite the investigation running for years, and arrests being made intermittently, Mr Kershaw said the alleged criminals had no idea they were being targeted.\n\n>“Let me be clear. When you get access and it will come out in court, you’ll see that all they talk about is drugs, violence, hits on each other, innocent people who are going to be murdered,” he said. \n\n>As AFP officers continue its sweeping raids across the nation today, Mr Kershaw said criminals were in a state of panic.\n\n>“They all turn on each other,” Mr Kershaw said.\n\n>“The other thing that we learnt is that they actually do a lot of business behind each other’s backs, including the presidents of various groups and organisations for personal wealth.\n\n>“So there’s going to be a whole lot of disruption there, and our state police colleagues are on alert for that because there’s no doubt going to be some tension within the whole system about who owes what drug debt and so on.\n\n>“So that was pretty brazen to see that they were actually disloyal to their own groups.” \n\n[source](https://www.news.com.au/national/crime/afp-fbi-pull-off-sting-of-the-century-and-arrest-mafia-bikie-members/news-story/1f53fe682d2ce054cd445539022a863a) \n\nEdit 4: I’ve got no evidence but it seems too much of a coincidence that the US Government also just announced it had recovered most of the Bitcoin from the Colonial Pipeline ransomware attack by getting access to a wallet and compromised the ransomware payment system.', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/', 'nupcn0', [['u/Lysergial', 16, '2021-06-08 00:23', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0yp6g3/', 'This sure is a post', 'nupcn0'], ['u/DeepRNA', 14, '2021-06-08 02:58', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0z86nm/', 'You must be mistaken, opensource projects run on the principle of "Why trust us when you can verify?"\n\nWhos putting blind faith in signals e2e code? Signal claims to be private, not anonymous. It still delivers that.', 'nupcn0'], ['u/TwistedV8theist', 13, '2021-06-08 03:53', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zerl5/', 'APP developed by police, stoked the world still has dumb criminals.', 'nupcn0'], ['u/Bit_Sus_Innit_lad_69', 19, '2021-06-08 04:27', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zio9c/', 'google anomexposed and check the cached link, (can\'t post cached google links on reddit) someone who I believe works for ciphr did a teardown of the device and basically came to the conclusion that it was a scam / compromised.\n\nThat was posted back in march, coincidentally that blog was deleted around the same time yesterday that the anom domains went down and the seized page went up on anom.io\n\nApparently the devices were using "wire messenger" and voicepingapp. If you value your privacy don\'t touch either of them. wire messenger appears to be a fairly popular app, its funny the name of the company has "swiss" in it but its headquarters are in the US.\n\nthey also used a logging service called papertrailapp.\n\nIt also might interest you to know the romanian server was an m247 asn.', 'nupcn0'], ['u/Your_mortal_enemy', 11, '2021-06-08 04:45', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zknr7/', 'Nope, when hit the jackpot you keep that shit going until you have extracted every single possible thing you can out of it... Hence the 900 arrests... What, they should shut this down after a month and hauled a couple dozen people in?', 'nupcn0'], ['u/bxbi117', 13, '2021-06-08 05:45', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zr3og/', '[https://webcache.googleusercontent.com/search?q=cache:PwQXt6Sn\\_YwJ:https://anomexposed.wordpress.com/+&cd=7&hl=en&ct=clnk&gl=au](https://webcache.googleusercontent.com/search?q=cache:PwQXt6Sn_YwJ:https://anomexposed.wordpress.com/+&cd=7&hl=en&ct=clnk&gl=au)\n\nCheck out that wordpress site "anom exposed" (cached since its been removed now)\n\nSmart guy exposed it all a while back - must have prompted the authorities to take action', 'nupcn0'], ['u/ForumsDiedForThis', 12, '2021-06-08 07:23', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h1007pw/', "Was it using the REAL Wire Messenger?\n\nWire is open source and audited so I'd be incredibly surprised if what seems to be a legit private messenger was compromised.\n\nIf you can't trust Wire which you can literally go to GitHub and read the code yourself who can you trust?", 'nupcn0']]], ['u/Ok_Dot9764', "I believe SafeMoon is already almost detached from Bitcoin. The reason why we aren't moving up are the Whales! We are going to POMP IT har... 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:** ["Longtime Hidden Hills resident Jeffrey “Jeff” Feinberg is ready for high-flying Brentwood living. The hedge fund guru, 53, has paid $44 million — a whopping $1 million above the property’s initial $43 million asking price — for a Vegas-like contemporary monster of a mansion with seven bedrooms, 11 bathrooms, two swimming pools and countless other amenities, as wasfirst reportedby the Wall Street Journal.\nBuilt on speculation by veteran developer Ramtin Ray Nosrati, the flagrantly palatial estate sits behind tall gates and features an array of eye-popping amenities — a hair salon, a putting green, games room with a high-tech sports simulator, and a 1,000-gallon aquarium. There was also, at least at the time of the property’s completion, a rooftop “cannabis garden” stocked with marijuana plants.\nListing details don’t call out the total living square footage, but reports say the place may weigh in at a whopping 55,000 — a number that also includes the two-story guesthouse. There’s also a world-class movie theater with a fiberoptic ceiling to simulate a starry sky, like a more advanced version of what you might find in a modern-day Rolls Royce.\nThe compound is so devotedly garish that just gazing at one room or another is enough to stimulate a sensory overload, but among the myriad other features are a bespoke wet bar hewn from exotic wood and stone, a double-height great room with a linear fireplace set into a monolithic stone wall stretching from the floor all the way to the ceiling, an indoor succulent garden, an indoor pool and wellness suite, an infinity-edged outdoor pool, and vast indoor/outdoor living spaces with more wet bars, flatscreen TVs, firepits, and numerous lounge areas.\nFeinberg, a former managing director at the George Soros-founded hedge fund-turned-family officeSoros Fund Management, once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago; the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. In addition to his hedge fund career, Feinberg also reportedly bet early and big on bitcoin — a move that has paid off extraordinarily well over the past year, a few minor dips excepted.\nFeinberg is also known for his love of decidedly immodest homes. Back in late 2019, he famously made waves by sellinghis $15 million Hidden Hills mansionto YouTube celebrity Jeffree Star. He also once owned a hulking blufftop compound — hewn almost entirely from concrete, no less — atop Malibu’s Point Dume, though that property was sold for $21.8 million, earlier this year, by his ex-wife Stacey Feinberg to a non-famous couple. On Santa Monica’s Gold Coast, Feinberg still ownsan oceanfront housethat’s currently on the market at just under $11 million, though he paid $12 million for the place less than two years ago.\nThe Brentwood listing was held by a consortium of high-powered L.A. agents:Branden and Rayni Williamsof The Beverly Hills Estates,Shauna WaltersandSally Forster Jonesof Compass, andJosh and Matt Altmanof the Altman Brothers Team at Douglas Elliman.\nMore from DIRT\n• Britney Spears' Infamous Former L.A. Mansion Sells for $6.1 Million\n• Salt-N-Pepa's Cheryl James Shakes Out of Suburban Mansion\n• 'Punky Brewster' Star Soleil Moon Frye Seeks $6 Million for Boho Farmhouse", "Longtime Hidden Hills resident Jeffrey “Jeff” Feinberg is ready for high-flying Brentwood living. The hedge fund guru, 53, has paid $44 million — a whopping $1 million above the property’s initial $43 million asking price — for a Vegas-like contemporary monster of a mansion with seven bedrooms, 11 bathrooms, two swimming pools and countless other amenities, as wasfirst reportedby the Wall Street Journal.\nBuilt on speculation by veteran developer Ramtin Ray Nosrati, the flagrantly palatial estate sits behind tall gates and features an array of eye-popping amenities — a hair salon, a putting green, games room with a high-tech sports simulator, and a 1,000-gallon aquarium. There was also, at least at the time of the property’s completion, a rooftop “cannabis garden” stocked with marijuana plants.\nListing details don’t call out the total living square footage, but reports say the place may weigh in at a whopping 55,000 — a number that also includes the two-story guesthouse. There’s also a world-class movie theater with a fiberoptic ceiling to simulate a starry sky, like a more advanced version of what you might find in a modern-day Rolls Royce.\nThe compound is so devotedly garish that just gazing at one room or another is enough to stimulate a sensory overload, but among the myriad other features are a bespoke wet bar hewn from exotic wood and stone, a double-height great room with a linear fireplace set into a monolithic stone wall stretching from the floor all the way to the ceiling, an indoor succulent garden, an indoor pool and wellness suite, an infinity-edged outdoor pool, and vast indoor/outdoor living spaces with more wet bars, flatscreen TVs, firepits, and numerous lounge areas.\nFeinberg, a former managing director at the George Soros-founded hedge fund-turned-family officeSoros Fund Management, once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago; the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. In addition to his hedge fund career, Feinberg also reportedly bet early and big on bitcoin — a move that has paid off extraordinarily well over the past year, a few minor dips excepted.\nFeinberg is also known for his love of decidedly immodest homes. Back in late 2019, he famously made waves by sellinghis $15 million Hidden Hills mansionto YouTube celebrity Jeffree Star. He also once owned a hulking blufftop compound — hewn almost entirely from concrete, no less — atop Malibu’s Point Dume, though that property was sold for $21.8 million, earlier this year, by his ex-wife Stacey Feinberg to a non-famous couple. On Santa Monica’s Gold Coast, Feinberg still ownsan oceanfront housethat’s currently on the market at just under $11 million, though he paid $12 million for the place less than two years ago.\nThe Brentwood listing was held by a consortium of high-powered L.A. agents:Branden and Rayni Williamsof The Beverly Hills Estates,Shauna WaltersandSally Forster Jonesof Compass, andJosh and Matt Altmanof the Altman Brothers Team at Douglas Elliman.\nMore from DIRT\n• Britney Spears' Infamous Former L.A. Mansion Sells for $6.1 Million\n• Salt-N-Pepa's Cheryl James Shakes Out of Suburban Mansion\n• 'Punky Brewster' Star Soleil Moon Frye Seeks $6 Million for Boho Farmhouse", "Longtime Hidden Hills resident Jeffrey \x93Jeff\x94 Feinberg is ready for high-flying Brentwood living. The hedge fund guru, 53, has paid $44 million \x97 a whopping $1 million above the property\x92s initial $43 million asking price \x97 for a Vegas-like contemporary monster of a mansion with seven bedrooms, 11 bathrooms, two swimming pools and countless other amenities, as was first reported by the Wall Street Journal. Built on speculation by veteran developer Ramtin Ray Nosrati, the flagrantly palatial estate sits behind tall gates and features an array of eye-popping amenities \x97 a hair salon, a putting green, games room with a high-tech sports simulator, and a 1,000-gallon aquarium. There was also, at least at the time of the property\x92s completion, a rooftop \x93cannabis garden\x94 stocked with marijuana plants. Listing details don\x92t call out the total living square footage, but reports say the place may weigh in at a whopping 55,000 \x97 a number that also includes the two-story guesthouse. There\x92s also a world-class movie theater with a fiberoptic ceiling to simulate a starry sky, like a more advanced version of what you might find in a modern-day Rolls Royce. The compound is so devotedly garish that just gazing at one room or another is enough to stimulate a sensory overload, but among the myriad other features are a bespoke wet bar hewn from exotic wood and stone, a double-height great room with a linear fireplace set into a monolithic stone wall stretching from the floor all the way to the ceiling, an indoor succulent garden, an indoor pool and wellness suite, an infinity-edged outdoor pool, and vast indoor/outdoor living spaces with more wet bars, flatscreen TVs, firepits, and numerous lounge areas. Feinberg, a former managing director at the George Soros-founded hedge fund-turned-family office Soros Fund Management , once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago; the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. In addition to his hedge fund career, Feinberg also reportedly bet early and big on bitcoin \x97 a move that has paid off extraordinarily well over the past year, a few minor dips excepted. Story continues Feinberg is also known for his love of decidedly immodest homes. Back in late 2019, he famously made waves by selling his $15 million Hidden Hills mansion to YouTube celebrity Jeffree Star. He also once owned a hulking blufftop compound \x97 hewn almost entirely from concrete, no less \x97 atop Malibu\x92s Point Dume, though that property was sold for $21.8 million, earlier this year, by his ex-wife Stacey Feinberg to a non-famous couple. On Santa Monica\x92s Gold Coast, Feinberg still owns an oceanfront house that\x92s currently on the market at just under $11 million, though he paid $12 million for the place less than two years ago. The Brentwood listing was held by a consortium of high-powered L.A. agents: Branden and Rayni Williams of The Beverly Hills Estates, Shauna Walters and Sally Forster Jones of Compass, and Josh and Matt Altman of the Altman Brothers Team at Douglas Elliman. More from DIRT Britney Spears' Infamous Former L.A. Mansion Sells for $6.1 Million Salt-N-Pepa's Cheryl James Shakes Out of Suburban Mansio **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: 2021-06-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $637,026,630,516 - Hash Rate: 131832333.59289683 - Transaction Count: 210911.0 - Unique Addresses: 581779.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (© 2021 Home Box Office, Inc. Al) HBO Max has broken in the middle of the Mare of Easttown finale. The show was scheduled to be shown on the streaming service as well as traditional HBO channel at 10pm eastern time. But as that time arrived, user found themselves unable to log on and shown error messages instead. That meant they were unable to watch the conclusion to the show, which has grown into a major hit and left viewers gripped. Many speculated that the service was not able to cope with the vast number of people trying to watch the episode. HBO Max has been able to handle major episodes and event viewing in the past, however, such as the end of Game of Thrones. Instead, they saw a message saying the episode was unable to load, with some being told that the service was unavailable and others asked to contact their TV provider. Others saw a message reading “content unavailable” and a long stream of letters. But perhaps the strangest bug of all saw multiple users report that when they tried to watch Mare of Easttown, they were instead shown an episode of The Big Bang Theory. In what can only be a cruel joke by someone at HBO anytime I try to watch the #MareOfEasttown finale the Big Bang theory comes on instead 😭😭😭😭 THIS IS HELL ON EARTH pic.twitter.com/7325M6hByg — Saira Khan (@sairakh) May 31, 2021 The penultimate episode had included a number of clues and the promise that they would be resolved in its seventh, and final, installment . HBO Max was yet to recognise the issues on its social feeds at the time of publication, and does not maintain an official status page. But tracking website DownDetector showed a huge number of errors reported as soon as the show aired, and users complained on Twitter, Reddit and other social networks. Story continues trying to refresh hbo max like pic.twitter.com/ZGwiR2GJkR — Ellie Rushing (@EllieRushing) May 31, 2021 The errors were reported both on the main HBO Max service as well as the legacy HBO Go and HBO Now ones. The problems come just days after HBO Max celebrated its first birthday, and in the middle of a deal that will see parent company AT&T spin off it and its other streaming services to create a new company in collaboration with Discovery. Read More Elon Musk says Mars-bound Starship will launch from ‘ocean spaceport’ next year Bitcoin price – live: Crypto crash continues amid bank crackdown Nasa releases spectacular new picture showing heart of the Milky Way... - Reddit Posts (Sample): [['u/crashingfox', 'Boyfriend scammed out of 1’200$ - need help', 10, '2021-06-09 00:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/', 'Today my boyfriend received a call from a government agency explaining to him that his ID has been stolen and it has been used to buy drugs and so forth and he was on the line for whatever crimes That had been committed under this identity theft. \n\nIn a panic he listened to the directives stayed two hours on the phone, withdrew money from our joint account as well as the credit card account to “verify-something-or-other” and swap the money in a bitcoin machine at a local corner store and sent the QR codes to the agent on the other end of the line. \nAll this money of course was supposed to be back in a business day.\n\nBeing the trusting man he is he did not realize this was a scam until he finally called me hours later and I informed him to lock everything down and that he had most likely been had. He contacted Police got a report and is in the process of contacting MasterCard and our bank national Bank of Canada and he’s being informed the money is gone because it was withdrawn and not directly fraud it from the account. \n\nHe is currently on his third agent telling him that they can’t do anything because the money was withdrawn manually from the account. \nIs there anything or anyone we can contact to help us with this matter? $1200 does not seem a lot for some people but it is for us. \n\nEspecially with a baby on the way every penny counts.\n\nWe have all the paperwork all the receipts all the text messages we have everything that the person sent and that we did with the money is there anyway that we can get this money back.\n\nEdit: Thank you for explaining this situation a bit better. \nFor anyone who wants to add any further comment revolving around “ he’s an idiot “ trust me he knows. Trusting personality and convincing scammer make for expensive mistakes.', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/', 'nvfu08', [['u/whisky9999', 11, '2021-06-09 00:04', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12xxrj/', "Aww man... I'm sorry. That sucks.", 'nvfu08'], ['u/d10k6', 100, '2021-06-09 00:05', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12y39e/', 'There isn’t much you can do besides filing the police report. That is why they get your to swap to BitCoin. No reversal, no tracing it. The money is gone. \n\nI hate to say it that this is an expensive lesson for your BF. No government agency is going to make you do CC withdrawals or conversion to Bitcoin.', 'nvfu08'], ['u/deltatux', 14, '2021-06-09 00:06', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12y8ai/', "Sorry to hear that happening to you & your boyfriend. Unfortunately these scams are too common these days and often there's no recourse as your boyfriend was the one who withdrew the funds and it wasn't due to fraudulent charges being made directly on the account.\n\nThere's unfortunately no recourse at this point. The most you can do is to file a police report but there's not much else that can be done.", 'nvfu08'], ['u/Bowgal', 81, '2021-06-09 00:07', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12yb5u/', 'As soon as I heard Bitcoin, I would have hung up.', 'nvfu08'], ['u/angelus97', 62, '2021-06-09 00:08', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12ygv5/', 'You don’t need to lock anything down. They got your Bitcoin which is all they want. You’re shit out of luck. How do people still fall for this in 2021?', 'nvfu08'], ['u/crashingfox', 20, '2021-06-09 00:09', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12ynki/', 'The moment he uttered the word bitcoin i stopped him and told him to call the bank and the police. He is trusting and they were convincing , terrible mix', 'nvfu08'], ['u/buyupselldown', 14, '2021-06-09 00:24', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h130k43/', "He was robbed, the bank was not, so the bank isn't liable for the theft.\n\nWithout exact details on what information was shared with the scammers, assume he gave them every personal ID he could find. So now it's time to make sure you have all the security procedures in place to protect your accounts.\n\nContact both equifax and transunion and place extended fraud alerts on your files. \n\nReview the details of both your credit files at least once each year.\n\nMake sure you have enabled 2FA on your bank accounts.\n\nMake sure you have setup your CRA accounts, and your email address is current\n\nIf he gave the scammers your credit card numbers, get replacement cards.\n\nAsk your cell provider if they have phone number port protection\n\nMake sure all passwords are unique and not being shared among accounts.\n\nDon't be surprised if he gets calls/emails for scams. These scams are so crazy (like the emails with all the spelling mistakes) because they want to identify the most gullible, once they know you fell for the scam, they get greedy.\n\nMake sure you partner knows when contacted by the bank, CRA, credit card provider, or anyone else, you never provide any information during that call, you look for the phone number on the back of your card or on the companies official website and contact them using that number.", 'nvfu08'], ['u/texanrocketflame', 13, '2021-06-09 00:25', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h130ow8/', 'How did that not ring alarm bells that it was a scam? I hate to say it, but you are out luck.', 'nvfu08'], ['u/kingofwale', 10, '2021-06-09 00:36', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h132164/', 'Expensive lesson, but be glad it’s only 1200 dollars.', 'nvfu08'], ['u/ObviousClaim0', 131, '2021-06-09 00:46', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h133bma/', 'Id say your bf is stupid, personally...sorry, but being frank', 'nvfu08'], ['u/crashingfox', 45, '2021-06-09 01:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h13531h/', 'Crossed my mind to be fair 😔', 'nvfu08'], ['u/Basic_Industry976', 12, '2021-06-09 01:09', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h1363x3/', 'What is this nonsense? Did you pull these numbers out of your butt? Must have since my wife and I had a child, we definitely didn’t have 120k, and we’re doing just fine with spending money, mortgage, investments, child education, etc. \n\nStop spewing bs', 'nvfu08'], ['u/Green_Lantern_4vr', 23, '2021-06-09 01:22', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h137nxv/', 'He is shit out of luck \n\n\nAlso, sorry to say, not very bright that he fell for this. Bitcoin? Really?', 'nvfu08'], ['u/Green_Lantern_4vr', 27, '2021-06-09 01:23', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h137q0f/', 'Being dumb', 'nvfu08'], ['u/Green_Lantern_4vr', 11, '2021-06-09 01:24', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h137tpq/', 'Lmao. 120k set aside for raising a kid before pregnancy. Go back to fantasy land.', 'nvfu08'], ['u/AstraMars', 18, '2021-06-09 01:59', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h13c0vd/', "Wow, can't believe someone actually fell for this scam, no government agency representative would ever ask to pay in crypto currency, that alone should have been a red flag, you're SOL unfortunately.", 'nvfu08'], ['u/jookid', 14, '2021-06-09 03:14', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h13ks4d/', 'Govt accepts Bitcoin now? I thought they only took iTunes giftcards', 'nvfu08'], ['u/willy_55', 14, '2021-06-09 09:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h14kper/', 'So cringe', 'nvfu08']]], ['u/BlLLMURRAY', 'What is the deal with the ICP token price fall?', 32, '2021-06-09 00:15', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/', 'Obviously I\'m well aware that all crypto is down, and ICP is on the same markets as all the other cryptos that are being bounced all over the place, but I feel like I\'ve MOSTLY been hearing redeeming things about the project since the crash started, but it looks like it has been recovering the least, while many other coins are just mirroring BTC/ETH almost perfectly on the ups and downs. \nIs it just too controversial for people to be messing with while the market is volatile? I haven\'t found any new FUD beyond the original "lol wtf one mind super computer communism ahhhhh" at the start, but even that stuff seems to have quieted down.', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/', 'nvg5y8', [['u/Taram_Caldar', 49, '2021-06-09 00:28', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/h1310rn/', 'Simple answer: \nIt released ridiculously over priced.', 'nvg5y8'], ['u/StickyNoodle69', 10, '2021-06-09 00:30', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/h131afw/', 'VC dumping and people from airdrops dumping. ... 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. lawmakers may be warming to a central bank digital currency (CBDC).\nBut while CBDCs drew some of the attention during Wednesday’s Senate Banking Committee hearing, the issues aroundbitcoindrew far more attention from the group of lawmakers, led most vocally by Sen. Elizabeth Warren (D-Mass.).\nThe Subcommittee on Economic Policy, chaired by Warren, is likely going to hold further hearings on the cryptocurrency sector as well, the lawmaker told Bloomberg.\nRelated:Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says\nThe hearing presented one of the sharpest criticisms of bitcoin from U.S. lawmakers to date, even as smaller countries like El Salvador move toaccept the cryptocurrencyas legal tender. Warren’s views are likely a preview of how the issue may be discussed in other upcoming hearings, with counterparts in the House of Representatives holdinga similar discussionnext week.\n“If you want to send money to somebody else, digital currency can be easier and faster,” Warren said as she opened the hearing. “But in order for those advantages to be realized, the digital version needs to be secure, stable and accepted everywhere.”\nIn response, MIT Digital Currency Initiative DirectorNeha Narulapointed out that bitcoin’s value is not stable, pointing to the recent market drop of about 40%.\nWarren then likened cryptocurrencies to wildcat notes issued in the past.\nRelated:Moving on From Good-Bad Crypto Dialogue\nWarren’s view is markedly different from Sen. Cynthia Lummis (R-Wyo.), the pro-bitcoin lawmaker who launched a Financial Innovation Caucus last month.\nLummis contrasted nations using bitcoin, naming El Salvador’s recent bill to adopt the cryptocurrency as legal tender, with the U.S.’ possible approach.\nWarren also took aim at bitcoin and other proof-of-work cryptocurrencies’ environmental cost, saying it draws as much energy as The Netherlands, and could use as much energy as every other data center on Earth by the end of the year. (Whether bitcoin indeed uses an excess amount of energy compared to other technologies or monetary systems is hotlydebated.)\nAll four witnesses – Narula, Columbia Law’sLev Menand, Stanford University’sDarrell DuffieandDigital Dollar FoundationDirectorChris Giancarlo– argued that a well-built digital dollar would prove useful to the U.S.\nSen. Sherrod Brown (D-Ohio), who chairs the full Senate Banking Committee, expressed support Wednesday for the idea of a Federal Reserve-issued CBDC, saying it could complement a no-fee bank account plan he has proposed.\n“Americans shouldn’t have to pay exorbitant fees just to use the money they’ve already earned … a central bank digital currency can work with these no-fee accounts to make sure working families have access to the payment system and full participation in our economy,” he said. (Brown has also recently come out strongly againstprovisional banking chartersgranted to crypto-native firms.)\nArguments in favor of CBDCs varied. Menand said they could allow for large companies to find new ways of storing value.\n“Offering non-defaultable money with no maximum amount would be stabilizing for the U.S. financial system in ways that people haven’t thought about,” Menand said, adding:\n“It would be very helpful to large companies to be able to hold very, very large cash balances in non-defaultable amounts and this could crowd out a lot of unsafe and unstable alternative products that those companies use right now.”\nAdigital dollarmay also help the U.S. keep pace with China, which has been working on both its ownBlockchain-based Services Networkand a CBDC of its own, thedigital yuan.\nGiancarlo pointed to China’s work in arguing a CBDC would help the dollar maintain its role as the global reserve currency.\n“It’s only a matter of time before China will combine its latest blockchain technology with its new digital currency and its futures markets,” he said.\nHis remarks came a day after the full Senate passed theEndless Frontier Act, which if implemented as is would require the federal government to study the national security implications of the digital renminbi, after an amendment sponsored in part by Lummis.\n• Hong Kong Monetary Authority to Study a Retail CBDC\n• Bank of England Releases Discussion Paper on Stablecoins, CBDC', 'U.S. lawmakers may be warming to a central bank digital currency (CBDC).\nBut while CBDCs drew some of the attention during Wednesday’s Senate Banking Committee hearing, the issues aroundbitcoindrew far more attention from the group of lawmakers, led most vocally by Sen. Elizabeth Warren (D-Mass.).\nThe Subcommittee on Economic Policy, chaired by Warren, is likely going to hold further hearings on the cryptocurrency sector as well, the lawmaker told Bloomberg.\nRelated:Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says\nThe hearing presented one of the sharpest criticisms of bitcoin from U.S. lawmakers to date, even as smaller countries like El Salvador move toaccept the cryptocurrencyas legal tender. Warren’s views are likely a preview of how the issue may be discussed in other upcoming hearings, with counterparts in the House of Representatives holdinga similar discussionnext week.\n“If you want to send money to somebody else, digital currency can be easier and faster,” Warren said as she opened the hearing. “But in order for those advantages to be realized, the digital version needs to be secure, stable and accepted everywhere.”\nIn response, MIT Digital Currency Initiative DirectorNeha Narulapointed out that bitcoin’s value is not stable, pointing to the recent market drop of about 40%.\nWarren then likened cryptocurrencies to wildcat notes issued in the past.\nRelated:Moving on From Good-Bad Crypto Dialogue\nWarren’s view is markedly different from Sen. Cynthia Lummis (R-Wyo.), the pro-bitcoin lawmaker who launched a Financial Innovation Caucus last month.\nLummis contrasted nations using bitcoin, naming El Salvador’s recent bill to adopt the cryptocurrency as legal tender, with the U.S.’ possible approach.\nWarren also took aim at bitcoin and other proof-of-work cryptocurrencies’ environmental cost, saying it draws as much energy as The Netherlands, and could use as much energy as every other data center on Earth by the end of the year. (Whether bitcoin indeed uses an excess amount of energy compared to other technologies or monetary systems is hotlydebated.)\nAll four witnesses – Narula, Columbia Law’sLev Menand, Stanford University’sDarrell DuffieandDigital Dollar FoundationDirectorChris Giancarlo– argued that a well-built digital dollar would prove useful to the U.S.\nSen. Sherrod Brown (D-Ohio), who chairs the full Senate Banking Committee, expressed support Wednesday for the idea of a Federal Reserve-issued CBDC, saying it could complement a no-fee bank account plan he has proposed.\n“Americans shouldn’t have to pay exorbitant fees just to use the money they’ve already earned … a central bank digital currency can work with these no-fee accounts to make sure working families have access to the payment system and full participation in our economy,” he said. (Brown has also recently come out strongly againstprovisional banking chartersgranted to crypto-native firms.)\nArguments in favor of CBDCs varied. Menand said they could allow for large companies to find new ways of storing value.\n“Offering non-defaultable money with no maximum amount would be stabilizing for the U.S. financial system in ways that people haven’t thought about,” Menand said, adding:\n“It would be very helpful to large companies to be able to hold very, very large cash balances in non-defaultable amounts and this could crowd out a lot of unsafe and unstable alternative products that those companies use right now.”\nAdigital dollarmay also help the U.S. keep pace with China, which has been working on both its ownBlockchain-based Services Networkand a CBDC of its own, thedigital yuan.\nGiancarlo pointed to China’s work in arguing a CBDC would help the dollar maintain its role as the global reserve currency.\n“It’s only a matter of time before China will combine its latest blockchain technology with its new digital currency and its futures markets,” he said.\nHis remarks came a day after the full Senate passed theEndless Frontier Act, which if implemented as is would require the federal government to study the national security implications of the digital renminbi, after an amendment sponsored in part by Lummis.\n• Hong Kong Monetary Authority to Study a Retail CBDC\n• Bank of England Releases Discussion Paper on Stablecoins, CBDC', 'U.S. lawmakers may be warming to a central bank digital currency (CBDC). But while CBDCs drew some of the attention during Wednesday\x92s Senate Banking Committee hearing, the issues around bitcoin drew far more attention from the group of lawmakers, led most vocally by Sen. Elizabeth Warren (D-Mass.). The Subcommittee on Economic Policy, chaired by Warren, is likely going to hold further hearings on the cryptocurrency sector as well, the lawmaker told Bloomberg. Related: Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says The hearing presented one of the sharpest criticisms of bitcoin from U.S. lawmakers to date, even as smaller countries like El Salvador move to accept the cryptocurrency as legal tender. Warren\x92s views are likely a preview of how the issue may be discussed in other upcoming hearings, with counterparts in the House of Representatives holding a similar discussion next week. Pros and cons \x93If you want to send money to somebody else, digital currency can be easier and faster,\x94 Warren said as she opened the hearing. \x93But in order for those advantages to be realized, the digital version needs to be secure, stable and accepted everywhere.\x94 In response, MIT Digital Currency Initiative Director Neha Narula **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: 2021-06-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $701,864,154,569 - Hash Rate: 123462026.69810976 - Transaction Count: 252983.0 - Unique Addresses: 679752.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and its fellow cryptocurrencies have been hogging the headlines again following Wednesday’s deep plunge. Seasoned crypto investors are accustomed to such swoons, which are usually mirrored in the performance of Bitcoin-related stocks, such as miner Riot Blockchain (RIOT). And just as Bitcoin surged in the year’s first quarter, so did Riot’s revenue streams. The company reported Q1 results earlier this week, with revenue reaching $23.2 million, a 342.1% uptick from the $5.2 million generated in the previous quarter. While the figure just narrowly missed H.C. Wainwright analystKevin Dede’s $24.3 million estimate, the analyst sees plenty to be positive about. “Bitcoin's jump and Riot's hash addition clearly marked the March quarter's performance as the company's largest historically, but the quarter's news flow we believe speaks louder: continued rollout of new miners, installing 6,703 during the quarter for a quarter-end fleet total of 13,746 and roughly 1.3 EH/s, targeting 7.7 EH/s by more than 81,000 machines year-end next year,” Dede noted. However, Dede thinks the most important development in the quarter concerns Riot’s agreement to acquire Texas-based Whinstone U.S., which will provide the company with a 100-acre facility with long-term access to 750 MW of power. Dede thinks the deal could be consummated shortly and keeps the company on track to meet several “positive objectives.” Amongst them, taking control of mining operations instead of depending on a third-party host, improving its hash rate at a faster pace than the Bitcoin network hash rate and given Whinstone hosts other mining operations, diversifying its revenue stream, while at the same time, investing in infrastructure to support growth. However, while long-term bullish, due to the drop in Bitcoin’s price and the recent volatility, Dede thinks it is prudent to keep a lid on expectations on the anticipated BTC price in the near-term. Accordingly, Dede dropped his FY21 revenue and EPS estimates from $205.3 million and $1.95 to $166.6 million and $0.85, respectively. To this end, Dede slashed his price target from $64 to $30, while reiterating a Buy rating on RIOT stock. (To watch Dede’s track record,click here) Currently, no one else on Wall Street appears to be following Riot’s trajectory and Dede’s is the lone analyst review on record. (See Riot Blockchain stock analysis on TipRanks) To find good ideas for crypto 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.... - Reddit Posts (Sample): [['u/Zetalonix', '$ISWH - A CryptoMining company with connections to South America!', 33, '2021-06-10 00:00', 'https://www.reddit.com/r/pennystocks/comments/nw7koy/iswh_a_cryptomining_company_with_connections_to/', 'Bitcoin recently received some big news regarding its plan to be adopted as legal tender by the country of El Salvador. In fact, many Latin American countries seem to be planning to follow suit here in the coming months ([https://www.google.com/amp/s/www.thestreet.com/crypto/.amp/bitcoin/panama-may-join-el-salvador-and-paraguay-in-bitcoin-adoption](https://www.google.com/amp/s/www.thestreet.com/crypto/.amp/bitcoin/panama-may-join-el-salvador-and-paraguay-in-bitcoin-adoption)). While this increased interest in Bitcoin is good for crypto as a whole, it serves a special purpose for $ISWH and their partners Bit5ive: “\\[as\\] Bit5ive…will distribute Bitmain’s Antminers to more than 30 countries in Latin, Central America, and the Caribbean”:\n\nhttps://preview.redd.it/8z72h38bbb471.png?width=258&format=png&auto=webp&s=0ecfe999282ff90a6e2ef2a1c5b8a559fce14108\n\n" There are 33 countries in Latin America and the Caribbean today, according to the United Nations.". **Bit5ive has distribution rights to over 30 of those countries...**\n\nAs more countries attempt to adopt Bitcoin into their central currency systems, Bit5ive and ISWH will be perfectly positioned to help expedite the process with their years of technical expertise and well built connections. Bit5ive’s main man is Mr. Robert Collazo, a wizard in the crypto mining and cryptocurrency space ([https://www.linkedin.com/in/robertcollazojr/](https://www.linkedin.com/in/robertcollazojr/)). His list of accomplishments speaks for itself, and the faith that people have in him is displayed by his direct connection with Miami Mayor Francis Suarez. Together they plan to make Miami a Bitcoin Mining Hub for the United States:\n\n​\n\nhttps://preview.redd.it/oysye30cbb471.png?width=255&format=png&auto=webp&s=c5cf118f11c63746f41b543dbf3727a3776e5ca5\n\nISWH and Bit5ive are ahead of the game when compared to most other crypto mining companies and partnerships, as they are powering their miners with green/renewable energy. Bit5ive has entered into an agreement with Scrubgrass Generating Company to supply green power for their PA Mining Project ([http://www.scrubgrass.com/](http://www.scrubgrass.com/)).\n\nTo conclude, here is the list of catalysts that should be coming over the next weeks and months:\n\n· New Board Member; specializing in renewable energy!\n\n· Hashrate/mining updates; pictures of the miners were recently uploaded to Twitter!\n\n· Share buyback in the works; the purchased shares will be used for future acquisitions/mergers!\n\n· Completed of Audit/SEC Registration and Up listing to OTCQB.\n\n· Keynote Speaker at Mining Disrupt Expo & Conference (July 20-21st); 100’s of companies will be there, and we are one of the headliners for the event!\n\n· **HEAVILY SHORTED**/high short interest:\n\n​\n\nhttps://preview.redd.it/0m6un9sdbb471.png?width=624&format=png&auto=webp&s=0adc7f1ac6146d744e862d1fc06ce64d990494e8\n\n\\-This is not financial advice; you should always do your own DD before making investments.', 'https://www.reddit.com/r/pennystocks/comments/nw7koy/iswh_a_cryptomining_company_with_connections_to/', 'nw7koy', [['u/Zetalonix', 10, '2021-06-10 04:47', 'https://www.reddit.com/r/pennystocks/comments/nw7koy/iswh_a_cryptomining_company_with_connections_to/h18hk8m/', 'I think this is where RIOT/MARA were about a year or so ago from now... look at how similar the charts are from around that time-frame. The only difference is that ISWH is choosing to utilize renewable energy from the get-go, instead of being forced to adjust later down the line!', 'nw7koy']]], ['u/investing-acc-2467', 'Here is my Net Worth. When should I CoastFIRE?', 14, '2021-06-10 00:11', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/', 'Hello! *(Brand new account to hide my identity, I hope you don\'t mind).* \nI already posted this on LeanFIRE to see what they suggested and I think I\'m a little far from leanFIRE at the moment. I\'m sharing this here to see what\'s your point of view.\n\nI\'m 33, Male. Single, no kids (planning to have one or two in the future).\n\n**I just calculated my net worth, here\'s a summary:**\n\nReal Estate: $165,000 (House) \n"Safe" Investments: $43,907 (ETFs and Stock Market) \nRisky Investments: $26,109 (BTC and ETH) \nGambling money: $13,064 (Alt Coins) \nIndividual Stocks: $1,350 (Mistakes) \nBank Account: $111,286 (Savings)\n\n**Total:** 360.716 USD.\n\nBackground: I started investing 3 months ago so I\'m new to this. I read a lot about safe investments and cryptocurrencies and I decided to take my chances with both.\n\nI have two jobs, and I\'m **making 80k+ per year.** I love both of them.\n\nMy **emergency fund** would be close to 10k.\n\nMy monthly expenses vary a lot, but **I\'d be fine with 2 to 3k/mo** even if I had to pay rent. \n*I could live with 1.5k for a long time if I had to, not a problem at all.*\n\n**Real Estate:** I\'ll be selling that house so I\'ll probably earn about 130k after taxes.\n\n**Situation:** I want to leanFIRE in the long run, and maybe coastFIRE as soon as I can. I love my jobs, but I want to be able to work whenever I want to.\n\n**What would you suggest?** I\'m standing in a huge amount of cash that I\'m not using. I\'m living in my own house at the moment but I\'m selling it within a year or two.\n\nI really appreciate your answers. Thank you!', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/', 'nw7t78', [['u/MustardGlaze', 10, '2021-06-10 00:50', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h17onmt/', "Use the calculator: [https://walletburst.com/tools/coast-fire-calc/](https://walletburst.com/tools/coast-fire-calc/)\n\nInvest the cash in index funds. Dollar cost averaging with periodic buys over the next year or so might not be a bad idea, given what a strange economy we're currently in.", 'nw7t78'], ['u/slolift', 53, '2021-06-10 01:40', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h17uw48/', 'Only 12% of your net worth is invested in stable investments? Do you have access to a 401k? Go to r/personalfinance and look at the flow chart on how to handle your money.', 'nw7t78'], ['u/PowerTrippingModz', 71, '2021-06-10 02:06', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h17y1no/', 'The hell do you have 100k+ in cash? Man…that is pants-on-head. Invest that ish.\n\nAlso why are you selling your house?', 'nw7t78'], ['u/jackelope84', 11, '2021-06-10 05:06', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h18jr4o/', 'Your total net worth looks good to coast on, but I\'d recommend moving 90% of it into stable ETFs like VTI or similar. Get that cash working for you! \n\n"Individual Stocks: $1,350 (Mistakes)"\n\nMistakes, lol. Me too. I\'ve gotta keep off r/wallstreetbets.', 'nw7t78'], ['u/deltabetaalpha', 17, '2021-06-10 05:14', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h18klay/', 'Dude your asset allocation is incredibly risky and out of whack. That’s way too much cash, put it in total market ETFs. You’re crazy over exposed to crypto for your net worth as well. 13k gambling money is also crazy high. You have the portfolio of someone trying to get rich quick and there is a much higher likelihood that won’t work out.', 'nw7t78']]], ['u/Nine_', "What's Going on With BTC Short Interest?", 47, '2021-06-10 00:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/', "I see BTC short interest on Bitfenex just skyrocketed today past levels from May 17/18 when we saw BTC drop from 45k to 30k. What are the implications of this? I'm kind of a noob, is this a short squeeze due to the high shorts interest from Jun 7-9 getting wrecked by the El Salvador pump? Or what's going on?", 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/', 'nw8oew', [['u/nmeinenemy', 10, '2021-06-10 03:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18ad0x/', 'Sure the shorts increased like now when btc went from 45-30k, but check the covid dump . Short interest spiked into 4K and we only went up . So it’s a data point but wouldn’t take it too serious .', 'nw8oew'], ['u/Ruzhyo04', 29, '2021-06-10 04:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18cnks/', '"Everyone knows" is when everyone gets wrecked', 'nw8oew'], ['u/grayjacanda', 33, '2021-06-10 05:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18lduh/', "The folks who made money shorting the last dozen short-lived bounces and rallies over the past two months are making the same play again. \nI believe it will turn out differently for them this time and that they've gone to the well once too often, but they're the ones who have been making bank the last two months, not me, so who knows.", 'nw8oew'], ['u/DrunkBeforeFive', 12, '2021-06-10 05:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18m4bz/', 'No. I\'m saying that inflation is bad for all aspects of the economy. I realize retail traders say buying bitcoin is a "hedge" against inflation. In reality that\'s just not true as Bitcoin holdd no "actual" value except among the people who own/trade it (i.e you cant currently go to McDonald\'s and buy a hamburger with Bitcoin. Therefore in actuality it holds no value). Therefore, ... 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:** ['T he Department of Justice recently recovered more than half of the ransom Colonial Pipeline paid to hackers after shutting down its East Coast pipeline for six days. Still, other corporate ransomware victims should not count on getting similar assistance. The DOJ announced on June 7 that it recovered $2.3 million worth of the $4.4 million in bitcoin paid by Colonial Pipeline. It isn\'t the first time U.S. law enforcement agencies have recovered ransom money paid. But recovery is "not proven as a systemic, repeatable answer at scale," said Bryson Bort, CEO of Scythe , a vendor of a cybersecurity adversary emulation platform. In this case, the DOJ\'s actions were encouraging, added Keatron Evans, a principal security researcher at Infosec Institute , a cybersecurity training provider. "But it should be pointed out that this result is not typical and probably won\'t be," he added. "How many resources did the FBI have to put on this to do what was done? The answer is likely many." The potential downside is that other attacked organizations may expect the same results, Evans added. "My fear is that every organization will think this will be their outcome, so organizations that would normally hold off on paying the ransom might now pay it quickly, hoping the FBI will come in and get their money back," he told the Washington Examiner. "I don\'t think that is a realistic expectation in most cases, especially for the smaller ransom demands." The DOJ and FBI have provided few details about how they recovered the 63.7 bitcoins paid to DarkSide, an Eastern European hacking group that the DOJ described as a ransomware-as-a-service provider. The FBI was able to trace the bitcoin-based payments by monitoring the Bitcoin public ledger, which is open to viewing by the general public. Agents were able to track multiple bitcoin transfers and identify that approximately 63.7 bitcoins had been transferred to a specific virtual wallet. The FBI had the "private key," a type of password needed to access the bitcoins. The DOJ did not disclose how the FBI gained access to the private key to access the virtual wallet. Some cybersecurity experts suggested law enforcement may have gained access to the public key with hacking efforts, and this announcement may mean a new era of law enforcement hacking campaigns. Others suggested the virtual wallet may have been seized ahead of time in an investigation. "Bitcoin does not have a central bank or registry that can be approached by the DOJ," said Aviram Jenik, CEO at Beyond Security , a cybersecurity vendor. "This means the bitcoin recovery is a euphemism for breaking into the target\'s computer and taking over their bitcoin wallet." Story continues The DOJ efforts also show that cryptocurrency may not be as secure as advertised, Jenik told the Washington Examiner. "It shows that one of bitcoin\'s basic premises, that it is a currency that is outside the reach of the government, is probably incorrect," he said. "If the U.S. government can do it, the Chinese government can probably do it, too, and soon, every other government will learn how to do it. Bitcoin wallets are going to be just like safety deposit boxes — something that may be out of sight but not out of reach." The DOJ intended to disrupt the profit motives of the ransomware hackers, Lisa Monaco, the DOJ\'s deputy attorney general, said during a press conference . Ransomware is a national and economic security threat to the United States, she said, and law enforcement agencies will use "all the tools at our disposal" to disrupt ransomware networks. "Ransomware attacks are always unacceptable," she added. "But when they target critical infrastructure, we will spare no effort in our response." Several cybersecurity experts praised the DOJ for putting ransomware hackers on notice that the fight against them is escalating. "It\'s clear the government is attempting to address the rapidly growing ransomware issue from all angles," said Brian Pawlowski, senior vice president and chief development officer at Quantum , a ransomware protection vendor. "This offensive strategy represents a new tactic to combat ransomware." The hunter is becoming the hunted, Pawlowski told the Washington Examiner. "Just like criminals have access to the latest technology to access a network and leave no trace, IT security managers do as well," he said. "We recommend they not only leverage the available tools to combat ransomware or other malware but master them." Washington Examiner Videos Tags: Technology , Cybersecurity , Computer Hacking , Hacking , Colonial Pipeline , Congress , Business , FBI , Bitcoin , Ransomware attack Original Author: Grant Gross Original Location: Department of Justice recovers more than half ransom paid by Colonial Pipeline View comments', 'T he Department of Justice recently recovered more than half of the ransom Colonial Pipeline paid to hackers after shutting down its East Coast pipeline for six days. Still, other corporate ransomware victims should not count on getting similar assistance. The DOJ announced on June 7 that it recovered $2.3 million worth of the $4.4 million in bitcoin paid by Colonial Pipeline. It isn\'t the first time U.S. law enforcement agencies have recovered ransom money paid. But recovery is "not proven as a systemic, repeatable answer at scale," said Bryson Bort, CEO of Scythe , a vendor of a cybersecurity adversary emulation platform. In this case, the DOJ\'s actions were encouraging, added Keatron Evans, a principal security researcher at Infosec Institute , a cybersecurity training provider. "But it should be pointed out that this result is not typical and probably won\'t be," he added. "How many resources did the FBI have to put on this to do what was done? The answer is likely many." The potential downside is that other attacked organizations may expect the same results, Evans added. "My fear is that every organization will think this will be their outcome, so organizations that would normally hold off on paying the ransom might now pay it quickly, hoping the FBI will come in and get their money back," he told the Washington Examiner. "I don\'t think that is a realistic expectation in most cases, especially for the smaller ransom demands." The DOJ and FBI have provided few details about how they recovered the 63.7 bitcoins paid to DarkSide, an Eastern European hacking group that the DOJ described as a ransomware-as-a-service provider. The FBI was able to trace the bitcoin-based payments by monitoring the Bitcoin public ledger, which is open to viewing by the general public. Agents were able to track multiple bitcoin transfers and identify that approximately 63.7 bitcoins had been transferred to a specific virtual wallet. The FBI had the "private key," a type of password needed to access the bitcoins. The DOJ did not disclose how the FBI gained access to the private key to access the virtual wallet. Some cybersecurity experts suggested law enforcement may have gained access to the public key with hacking efforts, and this announcement may mean a new era of law enforcement hacking campaigns. Others suggested the virtual wallet may have been seized ahead of time in an investigation. "Bitcoin does not have a central bank or registry that can be approached by the DOJ," said Aviram Jenik, CEO at Beyond Security , a cybersecurity vendor. "This means the bitcoin recovery is a euphemism for breaking into the target\'s computer and taking over their bitcoin wallet." Story continues The DOJ efforts also show that cryptocurrency may not be as secure as advertised, Jenik told the Washington Examiner. "It shows that one of bitcoin\'s basic premises, that it is a currency that is outside the reach of the government, is probably incorrect," he said. "If the U.S. government can do it, the Chinese government can probably do it, too, and soon, every other government will learn how to do it. Bitcoin wallets are going to be just like safety deposit boxes — something that may be out of sight but not out of reach." The DOJ intended to disrupt the profit motives of the ransomware hackers, Lisa Monaco, the DOJ\'s deputy attorney general, said during a press conference . Ransomware is a national and economic security threat to the United States, she said, and law enforcement agencies will use "all the tools at our disposal" to disrupt ransomware networks. "Ransomware attacks are always unacceptable," she added. "But when they target critical infrastructure, we will spare no effort in our response." Several cybersecurity experts praised the DOJ for putting ransomware hackers on notice that the fight against them is escalating. "It\'s clear the government is attempting to address the rapidly growing ransomware issue from all angles," said Brian Pawlowski, senior vice president and chief development officer at Quantum , a ransomware protection vendor. "This offensive strategy represents a new tactic to combat ransomware." The hunter is becoming the hunted, Pawlowski told the Washington Examiner. "Just like criminals have access to the latest technology to access a network and leave no trace, IT security managers do as well," he said. "We recommend they not only leverage the available tools to combat ransomware or other malware but master them." Washington Examiner Videos Tags: Technology , Cybersecurity , Computer Hacking , Hacking , Colonial Pipeline , Congress , Business , FBI , Bitcoin , Ransomware attack Original Author: Grant Gross Original Location: Department of Justice recovers more than half ransom paid by Colonial Pipeline View comments', 'A notorious cybercriminal gang that has siphoned tens of millions of dollars in ransomware attacks to date is now unabashedly targeting U.S. hospitals, according to an article inThe Wall Street Journal.\nThe Eastern European group, which may have ties to the Russian government and is called Ryuk after the software it uses, has targeted multiple industries in recent years and made a pra **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: 2021-06-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $691,365,130,312 - Hash Rate: 109860277.9940807 - Transaction Count: 216502.0 - Unique Addresses: 616007.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Nucor Corporation NUE recently announced that its Board has provided approval to upgrade the engineered bar mill in Nebraska. This project is being undertaken to better serve the automotive market and continue to meet the consumers’ need for highest-quality products. The project will include a new reheat furnace, new intermediate mill, and coil inspection and trimming station. The project, worth $58-million investment, is expected to be completed and operational in fourth-quarter 2022. On completion, the upgrade will enhance Nucor Steel Nebraska's ability to produce engineered bar and coil products with improved surface quality and reduced decarburization, which are required to meet high-end engineered bar automotive applications. The investment will also facilitate diversification of products supplied by Nucor Steel Nebraska. Moreover, this project will further its commitment to safety by enabling Nucor teammates to work away from the rolling process. The investment is part of Nucor’s greater commercial strategy to align its product mix with current and future demand of the customers and will strengthen Nucor’s position as a leader in engineered bar and rod, the company noted. Shares of Nucor have gained 159.7% in the past year compared with a 209.1% surge of the industry. In its first-quarter call, Nucor stated that it expects second-quarter earnings to be the highest quarterly earnings in its history, exceeding the record-level set in the first quarter. Earnings are expected to be mainly driven by higher pricing and margins in the steel mills segment. The company also sees another strong quarter for the steel products segment with second-quarter profitability projected to be comparable to the first quarter. Moreover, Nucor sees profitability in the raw materials segment to decline in the second quarter compared with first-quarter levels due to higher raw material input costs. Nucor Corporation Price and Consensus Nucor Corporation Price and Consensus Nucor Corporation price-consensus-chart | Nucor Corporation Quote Story continues Zacks Rank & Other Key Picks Nucor currently sports a Zacks Rank #1 (Strong Buy). Some other top-ranked stocks in the basic materials space are Dow Inc. DOW, Celanese Corporation CE and Cabot Corporation CBT. Dow has a projected earnings growth rate of roughly 261.5% for the current year. The company’s shares have surged 103.4% in a year. It currently flaunts a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here. Celanese has an expected earnings growth rate of around 68.3% for the current year. The company’s shares have gained 114.7% in the past year. It currently sports a Zacks Rank #1. Cabot has an expected earnings growth rate of 115.9% for the current fiscal. The company’s shares have gained 108.8% in the past year. It currently flaunts a Zacks Rank #2 (Buy). Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 Nucor Corporation (NUE) : Free Stock Analysis Report Dow Inc. (DOW) : Free Stock Analysis Report Cabot Corporation (CBT) : Free Stock Analysis Report Celanese Corporation (CE) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - 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 1.79% on Friday. Reversing a 1.89% fall from Thursday, Bitcoin ended the day at $37,338.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $35,929.0 before making a move.\nSteering clear of the first major support level at $35,540, Bitcoin rose to a late morning intraday high $37,650.0.\nFalling short of the first major resistance level at $38,061, Bitcoin fell to $36,500 levels before finding support.\nA late move back through to $37,300 levels delivered the upside on the day.\nThe near-term bullish trend remained intact supported by the latest move back through to $37,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nBitcoin Cash SVrose by 3.76% to buck the broader trend and join Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nPolkadot slid by 9.32% to lead the way down, withCardano’s ADA(-6.22%) andChainlink(-7.01%) also seeing heavy losses.\nBinance Coin(-1.80%),Crypto.com Coin(-0.76%),Ethereum(-4.71%),Litecoin(-3.23%), andRipple’s XRP(-2.85%) saw relatively modest losses.\nIn the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,519bn.\nBitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.64%. At the time of writing, Bitcoin’s dominance stood at 45.74%.\nAt the time of writing, Bitcoin was down by 0.71% to $37,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,461.3 before falling to a low $37,040.0.\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, Chainlink was down by 2.04% to lead the way down.\nBitcoin would need to avoid the $36,972 pivot to bring the first major resistance level at $38,016 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $38,000 levels.\nBarring a broad-based 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 $40,000 before any pullback. The second major resistance level sits at $38,693.\nA fall through the $36,972 pivot would bring the first major support level at $36,295 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,251.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Continues to Reach Higher Levels\n• Silver Weekly Price Forecast – Silver Continues to Push Towards Upside\n• Natural Gas Weekly Price Forecast – Natural Gas Pressuring Resistance\n• Gold Weekly Price Forecast – Gold Markets Continue Consolidating\n• Silver Price Forecast – Silver Markets Failed to Hang on to Gains\n• Natural Gas Price Prediction – Prices Surge on LNG Exports', 'Bitcoin , BTC to USD, rose by 1.79% on Friday. Reversing a 1.89% fall from Thursday, Bitcoin ended the day at $37,338.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $35,929.0 before making a move. Steering clear of the first major support level at $35,540, Bitcoin rose to a late morning intraday high $37,650.0. Falling short of the first major resistance level at $38,061, Bitcoin fell to $36,500 levels before finding support. A late move back through to $37,300 levels delivered the upside on the day. The near-term bullish trend remained intact supported by the latest move back through to $37,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 3.76% to buck the broader trend and join Bitcoin in the green. It was a bearish day for the rest of the majors, however. Polkadot slid by 9.32% to lead the way down, with Cardano’s ADA (-6.22%) and Chainlink (-7.01%) also seeing heavy losses. Binance Coin (-1.80%), Crypto.com Coin (-0.76%), Ethereum (-4.71%), Litecoin (-3.23%), and Ripple’s XRP (-2.85%) saw relatively modest losses. In the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,519bn. Bitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.64%. At the time of writing, Bitcoin’s dominance stood at 45.74%. This Morning At the time of writing, Bitcoin was down by 0.71% to $37,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,461.3 before falling to a low $37,040.0. 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, Chainlink was down by 2.04% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $36,972 pivot to bring the first major resistance level at $38,016 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $38,000 levels. Barring a broad-based 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 $40,000 before any pullback. The second major resistance level sits at $38,693. A fall through the $36,972 pivot would bring the first major support level at $36,295 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,251. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Price Forecast – Crude Oil Continues to Reach Higher Levels Silver Weekly Price Forecast – Silver Continues to Push Towards Upside Natural Gas Weekly Price Forecast – Natural Gas Pressuring Resistance Gold Weekly Price Forecast – Gold Markets Continue Consolidating Silver Price Forecast – Silver Markets Failed to Hang on to Gains Natural Gas Price Prediction – Prices Surge on LNG Exports', "The Federal Reserve is taking what may be the first significant step toward launching its own virtual currency, a move that could shake up banks, give millions of low-income Americans access to the financial system and fortify the dollar's status as the world’s reserve currency. The idea of creating a fully digital version of the U.S. dollar, which was unthinkable just a few years ago, has gained bipartisan interest from lawmakers as diverse as Sens. Elizabeth Warren (D-Mass.) and John Kennedy (R-La.) because of its potential benefits for consumers who don’t have bank accounts. But it’s also sparking strong pushback from those with the most to lose: banks. “The United States should not implement a [central bank digital currency] simply because we can or because others are doing so,” the American Bankers Association said in a statement to lawmakers this week. The benefits “are theoretical, difficult to measure, and may be elusive,” while the negative consequences “could be severe,” the group wrote. The explosive rise of private cryptocurrencies in recent years motivated the Fed to start considering a digital dollar to be used alongside the traditional paper currency. The biggest driver of concern was a Facebook-led effort, launched in 2019, to build a global payments network using crypto technology. Though that effort is now much narrower, it demonstrated how the private sector could, in theory, create a massive currency system outside government control. Now, central banks around the world have begun exploring the idea of issuing their own digital currencies — a fiat version of a cryptocurrency that would operate more like physical cash — that would have some of the same technological benefits as other cryptocurrencies. That could provide unwelcome competition for banks by giving depositors another safe place to put their money. A person or a business could keep their digital dollars in a virtual “wallet” and then transfer them directly to someone else without needing to use a bank account. Even if the wallet were operated by a bank, the firm wouldn’t be able to lend out the cash. But unlike other crypto assets like Bitcoin or Ether, it would be directly backed and controlled by the central bank, allowing the monetary authorities to use it, like any other form of the dollar, in its policies to guide interest rates. Story continues The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology’s Digital Currency Initiative are aiming next month to publish the first stage of their work to determine whether a Fed virtual currency would work on a practical level — an open-source license for the most basic piece of infrastructure around creating and moving digital dollars. But it will likely be up to Congress to ultimately decide whether the central bank should formally pursue such a project, as Fed Chair Jerome Powell has acknowledged. Lawmakers on both sides of the aisle are intrigued, particularly as they eye China’s efforts to build its own central bank digital currency, as well as the global rise of cryptocurrencies, both of which could diminish the dollar’s influence. Sen. Elizabeth Warren, D-Mass., speaks during a Senate Finance Committee hearing on the IRS budget request on Capitol Hill in Washington, Tuesday, June 8, 2021. (Evelyn Hockstein/Pool via AP) Democrats have especially been skeptical about crypto assets because there are fewer consumer protections and the currencies can be used for illicit activity. There are also environmental concerns posed by the sheer amount of electricity used to unlock new units of digital currencies like Bitcoin. Warren suggested the Fed project could resolve some of those concerns. “Legitimate digital public money could **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: 2021-06-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $662,928,491,025 - Hash Rate: 138110063.76398718 - Transaction Count: 222774.0 - Unique Addresses: 584529.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Exxon Mobil CorporationXOM recently announced another significant hydrocarbon discovery at the Longtail-3 well, offshore Guyana. In the first quarter of this year, the company added two drillships in offshore Guyana looking for hydrocarbons, taking the total to six at present. The Longtail-3 well is located in the famous Stabroek Block, wherein it has made numerous world-class oil discoveries so far. The new find adds to the previous estimate of gross recoverable resource of 9 billion barrels of oil equivalent. ExxonMobil discovered 230 feet of net oil pay at Longtail-3, which comprises high-quality hydrocarbon-bearing reservoirs. Notably, the well was drilled by Stena DrillMAX at 1860 meters of water depth and is located almost 2 miles south of the Longtail-1 well. The Longtail-1, having 78 meters of high-quality oil-bearing sandstone reservoir, was drilled in 2018. The Stena DrillMAX drillship is expected to move on to the Whiptail-1 well next. Another drillship, Noble Sam Croft, is currently working on Liza Phase 2. The company also confirmed Mako-2 evaluation well’s reservoir quality, which might allow it to add a fifth floating production storage and offloading facility to the Liza Complex field development. However, the Koebi-1 exploration well in the Stabroek block encountered hydrocarbons but not in commercial volumes. ExxonMobil, with a 45% interest, is the operator of the Stabroek Block that covers 6.6 million acres. PartnerHess CorporationHES owns a 30% interest in the block. The remaining 25% stake is held by a wholly-owned subsidiary of CNOOC Limited. ExxonMobil recently resumed drilling the Jabillo-1 well in the Canje Block offshore Guyana using Stena Carron, a sixth-generation harsh environment drillship. This year, the company intends to drill three wells in the Canje Block, wherein it plans to replicate the success from the Stabroek Block. ExxonMobil is the operator of the block with a 35% stake. It hasTotalEnergies SETOT, JHI, and Mid-Atlantic Oil & Gas as partners, having 35%, 17.5% and 12.5% interests, respectively. The stock has gained 23.7% in the past year compared with 15.9% rise of the industry it belongs to. Image Source: Zacks Investment Research Currently, ExxonMobil carries a Zacks Rank #3 (Hold). A better-ranked player in the energy space isPHX Minerals Inc.PHX, having a Zacks Rank #2 (Buy). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. PHX Minerals’ bottom line for 2021 is expected to surge 140% year over year. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 reportExxon Mobil Corporation (XOM) : Free Stock Analysis ReportTOTAL SE (TOT) : Free Stock Analysis ReportHess Corporation (HES) : Free Stock Analysis ReportPHX Minerals Inc. (PHX) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - 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, slid by 4.75% on Saturday. Reversing a 1.79% gain from Friday, Bitcoin ended the day at $35,564.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $37,461.3 before hitting reverse. Falling well short of the first major resistance level at $38,016, Bitcoin slid to a late morning intraday low $34,630.0. The extended sell-off saw Bitcoin fall through the first major support level at $36,295 and the second major support level at $35,251. Steering clear of sub-$35,000 levels, however, Bitcoin broke back through the second major resistance level to revisit $36,000 levels before easing back. Going into the 2 nd half of the day, the first major support level had pinned Bitcoin back. The near-term bullish trend remained in spite of the latest fall back to sub-$35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 rose by 4.07% to lead the way, with Cardano’s ADA (+2.89%), Chainlink (+0.68%), and Ethereum (+0.70%) also finding support. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV slid by 7.67% to lead the way down, with Crypto.com Coin falling by 4.93%. Binance Coin (-0.57%), Litecoin (-0.63%), and Ripple’s XRP (-1.81%) saw relatively modest losses. In the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,493bn. Bitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.66%. At the time of writing, Bitcoin’s dominance stood at 44.51%. This Morning At the time of writing, Bitcoin was down by 0.18% to $35,501.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,652.5 before falling to a low $35,391.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 0.27%. It was a bearish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was down by 0.57% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $35,885 pivot to bring the first major resistance level at $37,140 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,461.3 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,716. Failure to move through the $35,885 pivot would bring the first major support level at $34,309 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,054 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – Monetary Policy and Economic Data Accompanied Market Optimism AMC Party Trends on Twitter, Stock Inches Closer to USD 50 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 12th, 2021 European Equities: A Week in Review – 11/06/21 European Equities: Economic Data and Updates from the G7 Summit in Focus Natural Gas Price Prediction – Prices Surge on LNG Exports', 'Bitcoin, BTC to USD, slid by 4.75% on Saturday. Reversing a 1.79% gain from Friday, Bitcoin ended the day at $35,564.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $37,461.3 before hitting reverse.\nFalling well short of the first major resistance level at $38,016, Bitcoin slid to a late morning intraday low $34,630.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $36,295 and the second major support level at $35,251.\nSteering clear of sub-$35,000 levels, however, Bitcoin broke back through the second major resistance level to revisit $36,000 levels before easing back.\nGoing into the 2ndhalf of the day, the first major support level had pinned Bitcoin back.\nThe near-term bullish trend remained in spite of the latest fall back to sub-$35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot rose by 4.07% to lead the way, withCardano’s ADA(+2.89%),Chainlink(+0.68%), andEthereum(+0.70%) also finding support.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVslid by 7.67% to lead the way down, withCrypto.com Coinfalling by 4.93%.\nBinance Coin(-0.57%),Litecoin(-0.63%), andRipple’s XRP(-1.81%) saw relatively modest losses.\nIn the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,493bn.\nBitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.66%. At the time of writing, Bitcoin’s dominance stood at 44.51%.\nAt the time of writing, Bitcoin was down by 0.18% to $35,501.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,652.5 before falling to a low $35,391.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, rising by 0.27%.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was down by 0.57% to lead the way down.\nBitcoin would need to move through the $35,885 pivot to bring the first major resistance level at $37,140 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,461.3 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,716.\nFailure to move through the $35,885 pivot would bring the first major support level at $34,309 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,054 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• The Weekly Wrap – Monetary Policy and Economic Data Accompanied Market Optimism\n• AMC Party Trends on Twitter, Stock Inches Closer to USD 50\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 12th, 2021\n• European Equities: A Week in Review – 11/06/21\n• European Equities: Economic Data and Updates from the G7 Summit in Focus\n• Natural Gas Price Prediction – Prices Surge on LNG Exports', 'Bitcoin\x92s Taproot update is among the most important for the protocol in years. It has now taken a huge step towards activation. Taproot has met the requirements for the activation process. It has gained the support of 90% of qualified blocks mined in the last two weeks. Overall, 1,846 of the total 2,016 blocks have signaled in favor of the upgrade during the second difficulty period. This support by the mining community is a massive step forward in the road to activation. The update was first proposed in 2019 . It will enhance Bitcoin\x92s smart contracts by lowering data and transaction costs. Privacy will also be expanded by making complex contracts indistinguishable from any standard bitcoin transaction. The official announcement states that: \x93If activated, these improvements will allow users of single-signature scripts, multi-signature scripts, and complex contracts to all use identical-appearing commitments that enhance their privacy and the fungibility of all bitcoins.\x94 The update will, in essence, combine the Schnorr signature scheme with the Merklized Alternative Script Tree (MAST). In addition, the collaboration will bring about a new scripting language named Tapscript. What comes next Now that the Taproot updates have been given the green light by miners and are \x93locked in,\x94 the next step will be a bit of a wait. Officially, November has been the announced release date , so right now, the bitcoin world has about five months to cool its heels. This will also provide time to update software to the newest release of Bitcoin Core , which comes with activation logic for the soft fork. When bitcoin reaches block 709,632, Taproot will officially activate. That is expected to happen in mid-November. When activation happens, all updated nodes and devices will make transactions using the updated protocol. After that, the future really depends on the developers and how they decide to best make use of the new features. No matter what they choose to focus on, Taproot\x92s improvements will undoubtedly mean a better overall experience for bitcoin users.', 'Bitcoin’s Taproot update is among the most important for the protocol in years. It has now taken a huge step towards activation.\nTaproot has met the requirements for the activation process. It has gained thesupport of 90%of qualified blocks mined in the last two weeks.\nOverall,1,846 of the total 2,016 blocks have signaledin favor of the upgrade during the second difficulty period. This support by the mining community is a massive step forward in the road to activation. The update wasfirst proposed in 2019.\nIt will enhance Bitcoin’s smart contracts by lowering data and transaction costs. Privacy will also be expanded by making complex contracts indistinguishable from any standard bitcoin transaction.\nThe official announcementstates that:\n“If activated, these improvements will allow users of single-signature scripts, multi-signature scripts, and complex contracts to all use identical-appearing co **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: 2021-06-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $674,964,133,462 - Hash Rate: 136724465.12868512 - Transaction Count: 187098.0 - Unique Addresses: 480484.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) -  Vinergy Capital, Inc. (CSE: VIN) (OTCQB: VNNYF) (FSE: 1V70)("Vinergy" or the "Company"),a capital allocator in high growth and high impact public sectors, is pleased to announce the Company's Board of Directors has appointed Mr. Todd Violette, of Boca Raton, Florida as CEO. Mr. Violette of Appyea Inc (OTC: APYP) has a solid financial background and deep capital markets experience with over 25 years of experience working for banks and broker-dealers in the United States. He began working with Vinergy's management and investment committee to explore fintech opportunities in late 2020 and blockchain and crypto opportunities earlier this year. Mr. Violette has been deeply involved with Bitcoin since 2017, with significant experience in blockchain and as an angel investor. As CEO, he will be the driving force behind the Company's expanded strategic focus on blockchain and crypto growth opportunities. Its mission is to become one of the significant companies supporting the Cryptocurrency network and greater crypto ecosystem. "In early 2021, Vinergy Capital made the strategic decision to expand its focus to blockchain and cryptocurrency opportunities, which has allowed us to take advantage of significant opportunities in this emerging environment," said Alnoor Nathoo, Chairman of the Board of Directors. "As an early-stage investor and believer in crypto, I plan to utilize my financial and capital markets experience to drive the shift of the Company to capitalize on blockchain and crypto opportunities," said Todd Violette. "We are at an exciting and critical juncture in our industry, with Bitcoin positioned to disrupt the global financial system. I look forward to forging impactful investment opportunities in this space in the near future." Mr. Violette has joined the Board of Directors to fill the vacancy resulting from the resignation of Mr. John Vu as a director. Mr. Arif Merali has stepped down as Interim CEO and will remain as a Director. Messrs. Vu and Merali will continue as members of the Company's Investment Committee. The CSE does not accept responsibility for the adequacy or accuracy of this release. Vinergy Capital Inc.Alnoor Nathoo, Chairman of the BoardEmail:[email protected] Cautionary Statement Regarding "Forward-Looking" Information The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by law. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information. To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/80997... - Reddit Posts (Sample): [['u/Far_Grass_785', 'I want to invest in crypto but I don’t have much money. Advice?', 15, '2021-06-13 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/', 'I have about a $1000 dollars and want to invest in crypto I’m mostly interested in Bitcoin and ethereum and maybe cardano. My questions are should I go all in on one coin like Bitcoin or ether to maximize how much I own or should I split in 50/50 or what?', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/', 'nyij9x', [['u/aladdinr', 28, '2021-06-13 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1k94p8/', 'Welcome to the world of crypto!\n\nWhat I would do is your money and split it up into different chunks. Invest the same amount on a weekly or biweekly schedule. It’s the DCA or dollar cost averaging investment strategy. So maybe instead of all at once you put in 50 bucks a week into BTC and ETH.\n\nMake sure that whatever you decide to invest your life won’t change if it’s completely gone. Never over invest.', 'nyij9x'], ['u/Success-Relative', 10, '2021-06-13 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1k9kb6/', "Go to Home Depot. Invest some of that $1000 in some power tools. Now you have aquired assets that'll help you earn capital, to invest. 💪", 'nyij9x'], ['u/UpbeatWord', 17, '2021-06-13 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1kbrs3/', "DCA, don't spend it all at once. Because prices may get lower.", 'nyij9x'], ['u/sapiensane', 11, '2021-06-13 02:38', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1kli90/', 'Do not buy doge. It started as a joke and will end as one. Anyone trying to tell you otherwise is probably a desperate bagholder who bought at $0.70.', 'nyij9x'], ['u/mathmonkey22228', 14, '2021-06-13 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1kni0y/', 'Would recommend to only invest in top 50 coins as a beginner, with a large majority in BTC/ETH. Some top altcoins I’d recommend doing some research on are LTC, SOL, ALGO, ADA, and maybe XMR. \n\nLemme stress this though I’m not a financial advisor and please please PLEASE DYOR and be careful.\n\nAlso if anyone on social media asks you for private keys/seed phrase REPORT and DELETE them', 'nyij9x']]], ['u/FunFlight7684', 'Thoughts on my allocation of my investment portfolio and what are you doing during the massive inflation hike?', 11, '2021-06-13 01:00', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/', "Hi guys. I'm currently starting my new grad job in about a month and was wondering what your guy's thoughts are. I am planning on making it simple for myself but want to add bitcoin for a small portion of my portfolio which would make the portfolio look like this: \n97% VTWAX \n3% Bitcoin \n\n\nI was also wondering what you guys are doing during this heavy inflationary period.", 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/', 'nyj0ug', [['u/AzHP', 31, '2021-06-13 02:04', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1ki625/', "Energy is energy, even if Bitcoin miners all agreed to use renewable energy that's renewable energy that isn't being used to power non Bitcoin energy needs. At the end of the day it's an environment drain.", 'nyj0ug'], ['u/nmnlol', 10, '2021-06-13 02:49', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1kmk9s/', 'Bitcoin is not a recession hedge; it is a risk-on asset that will decline with a market sell off, like in March 2020. In theory it could act as a hedge against inflation and loose monetary/fiscal policy. Slightly different things', 'nyj0ug'], ['u/jcb193', 14, '2021-06-13 02:54', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1kn2re/', 'If it’s considered “digital gold,” people should use it as a flight to safety during down market.\n\nIf it’s a deflationary asset, it should be a flight to safety in inflationary times.\n\nIf it’s a hard asset, it should be a flight to safety during a recession.\n\nNone of these things have been proven yet (though may).', 'nyj0ug'], ['u/SwAeromotion', 11, '2021-06-13 03:50', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1ksjjv/', 'Inflation is not at a "massive" spike. Inflation YoY was very low in these same months last year during lockdown. Part of the heightened inflation YoY now is simply making up for that.\n\nAt your age you should be investing what you can for the long term because savings rate and time are both the best tailwinds you can have.\n\nI am just one persons\' opinion, but right now I would keep crypto at 5% of your overall portfolio or less as it has shown to be an extremely volatile asset.\n\nTo answer the question of what I am doing in my own portfolio is that I am strongly looking to move some of my fixed income assets into I-Bonds sometime later this year. That applies for my situation, but may not for those quite young who do not need or want fixed income allocations in their portfolio.', 'nyj0ug']]], ['u/M00OSE', 'Crypto Investing Strategies for Different Types of Investors: Lump-Sum, Dollar-Cost Averaging, and Risk-Adjusted Dollar-Cost Averaging', 45, '2021-06-13 04:30', 'https://www.reddit.com/r/CryptoCurrency/comments/nyms2g/crypto_investing_strategies_for_different_types/', '**tl;dr: Strategies are either to "set it and forget it", "just do it** ***✔ ,"*** **or** **"just do it (sometimes)". Oh and, for those wondering, watching 3 min charts move to the right is not an investing strategy.**\n\n# Lump-Sum Investing\n\nThe most simple and stress-free way to invest in anything: *set it and forget it*. This method is about gathering a lump sum and investing it at whichever price you feel is suitable.\n\nNaturally, you’re at risk for buying something overvalued or missing out on future dips/buying opportunities. But the name of the game is that efficiency doesn’t matter in the grand scheme of things.\n\n# Dollar-cost averaging\n\nThis subreddits favorite and for a good reason: it’s an age-old strategy that almost guarantees success. With this method, you invest a fixed amount over certain time intervals (weekly, bi-weekly, monthly, etc.). \n\nThis method allows you to account for volatility and avoid emotional decision-making. But it’s indifferent to buying at overvalued or undervalued levels. Also, you may not be able to fully utilize compounding, staking, and other passive income benefits that come with lump-sum investing as well as being subject to fees during purchasing and/or transferring. \n\n# Risk-Adjusted Dollar Cost Averaging\n\nThe idea is the same as regular dollar cost averaging but only doing so under specific risk levels. In the cryptoverse, there are many ways to measure risk. You can use the [Fear and Greed Index](https://alternative.me/crypto/fear-and-greed-index/), the [Rainbow Chart](https://www.blockchaincenter.net/bitcoin-rainbow-chart/), or advanced metrics such as the [Stock-to-Flow Model](https://www.bybt.com/pro/i/S2F) to determine whether the crypto market is overvalued or undervalued. So, for example, using the fear and greed index, you only start DCAing during *fear* levels and stop during *greed* levels.\n\nThe caveat is that you\'re relying on the accuracy of these models to guide your decision-making. The metrics I\'ve mentioned have so far stood the test of time, but it\'s never 100% accurate, and you might miss buying opportunities at levels you think are risky but, in hindsight, are actually discounted prices. Similar to regular dollar-cost averaging you\'re also not able to fully utilize some benefits of lump-sum investing while also being subject to fees. \n\n*But what to do with the money your income flows during risky market levels?* When you\'re not willing to DCA into the market because of risk, you can still be invested in crypto via a relatively risk-free asset: stablecoins. With stablecoins, you can earn interest rates that are rare in traditional finance without being subject to market volatility. Of course, you\'re still subject to inherent crypto risks but risk and reward are siblings: you cannot expect high rewards without some level of risk. \n\n# Which kind of investor are you?\n\n**Lump sum** investors usually have...well...lump sums. People with a lump sum of initial capital they\'re willing to invest in the market. If you want to maximize staking, interest, and other ways to compound or just want to *set it and forget it,* then this method is for you. \n\n**Dollar-cost averaging** can also be utilized by people with lump sums by dividing the capital and investing thru intervals. Otherwise, it\'s typically for people with steady income flows who are willing to consistently invest a portion of their earnings into crypto. \n\n**Risk-Adjusted Dollar-cost averaging** is for people who want to find an optimal balance between stress-free methods and risk management. This is because dollar-cost averaging is often criticized for being inefficient since, as mentioned earlier, it\'s indifferent to overvaluation or undervaluation. The tradeoff is that it\'s not as easy, requires some monitoring and some research into these models.\n\n​\n\nNevertheless, all three strategies are great ways for the average joe to casually navigate thru crypto investing. Ultimately, if the market continues the long-term trend upwards, either way, you\'re a winner for being invested in crypto.', 'https://www.reddit.com/r/Cr... 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:** ['Ethereum Ethereum rallied by 5.83% on Sunday. Following a 0.70% gain from Saturday, Ethereum ended the week down by 7.40% to $2,510.23. A bearish start to the day saw Ethereum fall to an early morning intraday low $2,309.67 before making a move. Steering clear of the first major support level at $2,270, Ethereum rallied to a late intraday high $2,550.00. Ethereum broke through the first major resistance level at $2,463. Coming up against the second major resistance level at $2,554, however, Ethereum eased back to sub-$2,520 levels. At the time of writing, Ethereum was down by 0.47% to $2,498.40. A mixed start to the day saw Ethereum rise to an early morning high $2,524.99 before falling to a low $2,496.05. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid the $2,457 pivot to bring the first major resistance level at $2,604 into play. Support from the broader market would be needed, however, for Ethereum to break out from Sunday\x92s high $2,550.00. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another broad-based crypto rally, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,697. A fall through the $2,457 pivot would bring the first major support level at $2,363 into play. Barring an extended sell-off, however, Ethereum should steer clear of sub-$2,300 levels. The second major support level sits at $2,216. Looking at the Technical Indicators First Major Support Level: $2,363 Pivot Level: $2,457 First Major Resistance Level: $2,604 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rose by 5.66% on Sunday. Reversing a 0.63% loss from Saturday, Litecoin ended the week down by 3.04% to $171.02. A bearish start to the day saw Litecoin fall to an early morning intraday low $156.54 before making a move. Story continues Finding support at the first major support level at $156, Litecoin rallied to a late intraday high $171.73. Litecoin broke through the first major resistance level at $166 and the second major resistance level at $170. A late pullback saw Litecoin briefly fall back through the second major resistance level before ending the day at $171 levels. At the time of writing, Litecoin was down by 0.29% to $170.53. A mixed start to the day saw Litecoin rise to an early morning high $172.66 before falling to a low $170.22. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid the $166 pivot to bring the 62% FIB of $174 and the first major resistance level at $176 into play. Support from the broader market would be needed, however, for Litecoin to break out from the 62% FIB. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended breakout, Litecoin could test resistance at $190. The second major resistance level sits at $182. A fall through the $166 pivot would bring the first major support level at $161 into play. Barring an extended sell-off, however, Litecoin should steer clear of sub-$160 levels. The second major support level sits at $151. A sustained fall through the 62% FIB of $174 would form a near-term bearish trend from 10 th May\x92s swing hi $413.91. Looking at the Technical Indicators First Major Support Level: $161 Pivot Level: $166 First Major Resistance Level: $176 23.6% FIB Retracement Level: $322 38.2% FIB Retracement Level: $265 62% FIB Retracement Level: $174 Ripple\x92s XRP Ripple\x92s XRP rallied by 6.20% on Sunday. Reversing a 1.81% decline from Saturday, Ripple\x92s XRP ended the week down by 6.67% to $0.88289. A bearish start to the day saw Ripple\x92s XRP fall to an early morning intraday low $0.81861 before making a move. Steering clear of the first major support level at $0.8100, Ripple\x92s XRP rallied to a late intraday high $0.88876. Ripple\x92s XRP broke through the first major resistance level at $0.8498 and the second major resistance level at $0.8681. More significantly, Ripple\x92s XRP also broke back through the 62% FIB of $0.8573. Late in the day, Ripple\x92s XRP briefly fell back to $0.87 levels before ending the day at $0.88 levels. At the time of writing, Ripple\x92s XRP was down by 0.01% to $0.88278. A mixed start to the day saw Ripple\x92s XRP rise to an early morning high $0.89280 before falling to a low $0.88210. Ripple\x92s XRP left the major support and resistance levels untested early on. For the day ahead Ripple\x92s XRP will need to avoid the $0.8634 pivot to bring the first major resistance level at $0.9082 into play. Support from the broader market would be needed, however, for Ripple\x92s XRP to break out from Sunday\x92s high $0.88876. Barring an extended crypto rally, the first major resistance level and resistance at $0.91 would likely cap any upside. In the event of another extended rally, Ripple\x92s XRP could test resistance at $1.00. The second major resistance level sits at $0.9336. A fall through the $0.8634 pivot would bring the 62% FIB of $0.8573 and the first major support level at $0.8381 into play. Barring another extended sell-off, however, Ripple\x92s XRP should steer clear of sub-$0.80 levels. The second major support level sits at $0.7933. A sustained fall through the 62% FIB of $0.8573 would form a near-term bearish trend from 14 th April\x92s swing hi $1.96598. Looking at the Technical Indicators First Major Support Level: $0.8381 Pivot Level: $0.8634 First Major resistance Level: $0.9082 23.6% FIB Retracement Level: $1.5426 38.2% FIB Retracement Level: $1.2807 62% FIB Retracement Level: $0.8573 Please let us know what you think in the comments below . Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 June 14th, 2021 Price of Gold Fundamental Weekly Forecast \x96 Strong Dollar Weighing on Gold as Money Moves into Treasurys Bitcoin and Ethereum \x96 Weekly Technical Analysis \x96 June 14th, 2021 Asia-Pacific Shares Called Higher, but Gains Could Be Muted by Fed Policy Uncertainty Earnings to Watch Next Week: Oracle, H&R Block, Lennar and Adobe in Focus US Stock Futures Higher as Benchmark S&P 500 Index Presses Record High', 'Ethereumrallied by 5.83% on Sunday. Following a 0.70% gain from Saturday, Ethereum ended the week down by 7.40% to $2,510.23.\nA bearish start to the day saw Ethereum fall to an early morning intraday low $2,309.67 before making a move.\nSteering clear of the first major support level at $2,270, Ethereum rallied to a late intraday high $2,550.00.\nEthereum broke through the first major resistance level at $2,463. Coming up against the second major resistance level at $2,554, however, Ethereum eased back to sub-$2,520 levels.\nAt the time of writing, Ethereum was down by 0.47% to $2,498.40. A mixed start to the day saw Ethereum rise to an early morning high $2,524.99 before falling to a low $2,496.05.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid the $2,457 pivot to bring the first major resistance level at $2,604 into play.\nSupport from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $2,550.00.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another broad-based crypto rally, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,697.\nA fall through the $2,457 pivot would bring the first major support level at $2,363 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of sub-$2,300 levels. The second major support level sits at $2,216.\nFirst Major Support Level: $2,363\nPivot Level: $2,457\nFirst Major Resistance Level: $2,604\n23.6% FIB Retracement Level: $3,369\n38.2% FIB Retracement Level: $2,740\n62% FIB Retracement Level: $1,725\nLitecoinrose by 5.66% on Sunday. Reversing a 0.63% loss from Saturday, Litecoin ended the week down by 3.04% to $171.02.\nA bearish start to the day saw Litecoin fall to an early morning intraday low $156.54 before making a move.\nFinding support at the first major support level at $156, Litecoin rallied to a late intraday high $171.73.\nLitecoin broke through the first major resistance level at $166 and the second major resistance level at $170.\nA late pullback saw Litecoin briefly fall back through the second major resistance level before ending the day at $171 levels.\nAt the time of writing, Litecoin was down by 0.29% to $170.53. A mixed start to the day saw Litecoin rise to an early morning high $172.66 before falling to a low $170.22.\nLitecoin left the major support and resistance levels untested early on.\nLitecoin would need to avoid the $166 pivot to bring the 62% FIB of $174 and the first major resistance level at $176 into play.\nSupport from the broader market would be needed, however, for Litecoin to break out from the 62% FIB.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended breakout, Litecoin could test resistance at $190. The second major resistance level sits at $182.\nA fall through the $166 pivot would bring the first major support level at $161 into play.\nBarring an extended sell-off, however, Litecoin should steer clear of sub-$160 levels. The second major support level sits at $151.\nA sustained fall through the 62% FIB of $174 would form a near-term bearish trend from 10thMay’s swing hi $413.91.\nFirst Major Support Level: $161\nPivot Level: $166\nFirst Major Resistance Level: $176\n23.6% FIB Retracement Level: $322\n38.2% FIB Retracement Level: $265\n62% FIB Retracement Level: $174\nRipple’s XRPrallied by 6.20% on Sunda **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: 2021-06-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $735,252,178,281 - Hash Rate: 133766696.2189013 - Transaction Count: 242416.0 - Unique Addresses: 624698.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: If you're involved with a crypto or blockchain-related project, you've already thought about how to publicize it. However, due to the limitations imposed by social media and Google, crypto marketing is a slightly different entity than traditional ads. It is a massive industry that is only going to get bigger. It is a room with its founders, the advertising networks that first launched and developed the service. One of them is the Bitmedia bitcoin advertising network , and I'm on a mission to see what one of blockchain's greatest advertising mediums has to give. Getting ready to make waves As an advertiser, you have two options for tackling your marketing. It is either paid ads or long and tedious community growth aimed at creating a loyal following. The latter is absolutely fantastic, especially when we take into account that the audience in 2021 are all about sharing their values with the companies they choose. But, no community will ever spring without a continuous outreach push, akin a flower that needs to be watered to grow. The core idea behind bitcoin display advertising is to create brand awareness and turn clicks into clients, nurturing a community around your brand. But, is Bitmedia really worth your marketing budget? How to register at Bitmedia.io It must be streamlined, simple and quick. Here, this industry pillar of a platform carries no flaws. Once you complete the registration process, it will be up to the Bitmedia team to approve you, since as they state, only real blockchain projects are granted access. This may seem slightly off, but then again it starts to make a lot of sense given how many scams the blockchain industry is surrounded with. Another reason for having such practice in place, is to protect the publishers that are part of the network, to make sure that only real projects reach their audience. Geo-targeting options at Bitmedia.io How to set up your ad campaign An advantage that we noticed during this process is that there is an option to split your campaign into Ad Groups . Seasoned marketing specialists are well aware that testing creatives is an unremovable part of a solid marketing strategy. And the Ad Group tool allows you to track each creative separately, but still under one campaign name. Very convenient! Story continues Funding can be done via Fiat, thanks to Stripe integration or BTC. I have later found out that Bitmedia also accepts ETH and other top cryptocurrencies but it became apparent only after a quick conversation with my account manager. Then comes the campaign type selection. Bitmedia seems to offer CPC and CPM crypto marketing, which is pretty much all you need when launching an outreach. Further in, there is an option to either: Let the Bitmedia team decide how to set up your targeting Broadcast your crypto banners across the whole network of publishers Manual targeting setup Whilst the first two options are pretty self-explanatory, it is the manual targeting that we would like to brief on. Unlike other bitcoin ad networks that we have previously tested, Bitmedia boasts a whitelisting feature that allows you to specify which countries are of key importance to you. These regions will then become primary to the algorithm in terms of budget spend, although other countries will still be included in the banner distribution. See also: Best Crypto Portfolio Trackers Other targeting options let you specify the device type your audience base uses, the operating system their laptops run on, ad rerun and frequency capping. All great by the looks of it, but it is the last two options that can play a distinctive role in the success of your crypto marketing campaign and strategy. Frequency capping is a gauge of how many times your ad will get shown to one specific user. Think of it as a reminder about your project to the users that have already seen your ads before. In other words, FQ makes marketing smart by not pestering users with your bitcoin banners wherever they go but still nudging them in your direction from time to time. Ad rerun isn’t much different in terms of how important it is. It is a feature that goes after users once they have already visited your website and it is when they are typically twice as likely to result in conversion. Frequency capping settings Bottom Line As an advertiser, I was keen to know where exactly my ads will be shown but for some unknown reason, Bitmedia doesn’t provide such information from the get-go. Nevertheless, I have then spoken to the account specialist about it and the issue was clarified for me. In a way, this had seemed to be the only disadvantage that I came across, as Bitmedia’s list of publishers is not provided without a preliminary request. The rest of the platform on the other hand, seems to be exemplary and there is no surprise this bitcoin ad network gets chosen by the blockchain companies that form the blue chip share of the industry we are all obsessed with. See more from Benzinga Click here for options trades from Benzinga Alfi Resumes Roll-out of AI-Enabled Tablets in Value Cabs Operating in Belfast Top Reasons Your Auto Insurance Rates Increase + Tips to Save Money © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/A_Idiot0', 'Violet Evergarden Episode 8 -', 248, '2021-06-14 00:09', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/', '# Violet Evergarden - Episode Eight:\n\nHello everyone! I hope that today finds you well. In this episode, we get more of Violet’s [backstory](https://i.imgur.com/zKH0nbj.png).\n\n[Index](https://www.reddit.com/r/anime/comments/n5p650/violet_evergarden_rewatch_announcement/) || [<- Previous Episode](https://www.reddit.com/r/anime/comments/nyhuvc/violet_evergarden_rewatch_episode_7/) || [Next Episode ->](https://www.reddit.com/r/anime/comments/nzy9ec/violet_evergarden_rewatch_episode_9_violet/)\n\n[MAL](https://myanimelist.net/anime/33352/Violet_Evergarden) || [AniList](https://anilist.co/anime/21827/Violet-Evergarden/)\n\nYou can watch the full series on [Netflix.](https://www.netflix.com/browse)\n\n**Important** Spoilers from later episodes or the Light Novels are not allowed outside of the r/anime spoiler tag format and will be removed! You’ll need to be in “Markdown Mode”, and the line text is the following: \\[Spoiler source\\](/s "Spoiler goes here") It comes out like this: [Spoiler source](/s)\n\nBe kind to each other. Hate speech and rude behavior will not be tolerated, and will be removed.\n\n## Visuals of the Day\n\nI believe I got everyone’s Visual of the Day submission here. Let me know if I missed anyone: [https://imgur.com/a/aLBNYYY](https://imgur.com/a/aLBNYYY)\n\n## Official Sound Tracks used\n\n[Never Coming Back](https://youtu.be/GxyxYt6QBqY?t=22) \n[Torment](https://www.youtube.com/watch?v=LwVdKlPW_Vg) \n[The Long Night](https://www.youtube.com/watch?v=hCAoVP-LNDs) \n[The Voice in My Heart](https://www.youtube.com/watch?v=wDNMqtAtMqY) \n[Fractured Heart](https://www.youtube.com/watch?v=-YrsYPcCh9g) \n[Rust](https://www.youtube.com/watch?v=ykFGCve7BTc) \n[Inconsolable](https://www.youtube.com/watch?v=_5MvYRWNFKI)\n\nWould you like to have a letter written for you? Do you want to write a special letter for someone as an Auto Memory Doll? Come join us at the Auto-Memory Doll Service Discord project and request letters, write letters, or chat more with us about *Violet Evergarden*! Link here: [https://discord.gg/9a2UkGh9](https://discord.gg/9a2UkGh9)\n\n## “Endcard”\n\nhttps://preview.redd.it/69806r20x3571.jpg?width=800&format=pjpg&auto=webp&s=6c5f8ac69954ea475125302be26842d5567e1b5d', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/', 'nz7cpm', [['u/A_Idiot0', 39, '2021-06-14 00:09', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/h1o1w5x/', 'For today, I only have a very small detail that I was wondering about. My good friend, u/molten-red, had a *very* good read on this detail! The detail is the [fairytale book](https://i.imgur.com/O1JmP8T.png) that Gilbert has Violet read. From Nunkish, the title translates to: “A stupid thief and a potato sack, Wurttemberg publishing”\n\nThe significance of this book is very small and subtle, but with the meaning found by u/molten-red provides some really nice background commentary. The fairy tale is *possibly* based upon a Japanese fairytale called “だまされた泥棒” or “Tricked Thief” (some evidence that sort of links to this appears later in the series). The rough synopsis is as follows: In the story, a very poor old man notices a thief breaking into his house and tricks him into believing that putting down all his possessions activates a magic spell that makes the entire household fall sound asleep until the morning. But after the thief removed his belongings, the old man breaks cover and exclaims “Thief!” So the frightened thief runs away naked, and the old man gains everything the thief left behind.\n\nAnd now, in u/molten-red ‘s own words: \n“When Dietfried first introduced Violet to Gilbert, she was covered in a potato sack. And whatever his true feelings were, Dietfried spoke of her as if she was an object he collected. How did Gilbert feel about this? He must have felt that Dietfried has stolen Violet’s humanity, just like a thief who steals precious things using a large potato sack. Then what should he do? He must help Violet take back what has been stolen from her. That’s precisely what he intended to do by teaching her how to read. And he subconsciously chose a story of a thief who tries to steal but miserably fails. Perhaps the giant young girl in the cover of the book plays a pivotal role in stopping the thief, and Gilbert wanted Violet to be like her. In this sense, the “thief” is Dietfried and the army leadership who treat Violet like a “weapon.””\n\nIs this really what KyoAni wanted to weave in their story? *Maybe*. The support and evidence for this being the actual story is tenuous at best. However...for now, it’s a really beautiful link that we can color the backstory with. Thank you again, u/molten-red !\n\nMy Visual of the Day relies on [this shot](https://i.imgur.com/Nqvpv0h.png) first. Juxtapose this controlled and “small” flame to the [raging inferno](https://i.imgur.com/HRLwkRN.png) during the battle, and we get a really nice visual representation of what’s happening in Gilbert’s eyes to Violet.', 'nz7cpm'], ['u/Shimmering-Sky', 26, '2021-06-14 00:09', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/h1o1w96/', '**Sincerely Rewatcher**\n\nCry count so far: 5 (episode 3, OVA, episode 7 (x3))\n\n- [Mm…](https://i.imgur.com/8tMx1cI.png)\n\n- [He also didn’t exactly have a choice because Mrs. Evergarden already told her he was dead…](https://i.imgur.com/798gwZG.png) Hodgins just told her the specific details of it.\n\n- [Shimmering sky~](https://i.imgur.com/9aoUd49.png)\n\n- [These flashbacks are so hard to sit through…](https://i.imgur.com/U6rQqWL.png)\n\n- [](#emiliaohdear) [Whoops, she ruined the surprise.](https://i.imgur.com/QHn0xUC.png)\n\n- [\\*pained Sky noises\\*](https://i.imgur.com/LJzPHkX.png) \n\n- [Oh *fuck*, this is why she was writing so many letters to him while she was in the hospital back in ep1, wasn’t it?](https://i.imgur.com/F1B5Vcy.png)\n\n- [They were such good bros](https://i.imgur.com/HcHZVv3.png) ugh stop making me feel things, show.\n\n- [Violet no…](https://i.imgur.com/fVJLPLt.png)\n\n- [\\*screams because death flag tropes\\*](https://i.imgur.com/LAyfDqD.png)\n\n- [Oh boy](https://i.imgur.com/HXgyLOH.png), you know he survives *this* because he has to give Violet his parting words, but still.\n\n- I would like to pick [the flames being so strong they burnt away this episode’s title card](https://i.imgur.com/CkAcr4l.png) as my Visual of the Day. If that gets picked by other peeps though, I’ll go with [railroad tracks](https://i.imgur.com/lXhf2qY.png) instead.', 'nz7cpm'], ['u/CelestialDrive', 16, '2021-06-14 00:10', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/h1o1wga/', 'FIRST TIME\n\n***In our last episode Violet was helping a writer get over his kid\'s death but with the underlying line of her realising the moral weight of having killed people, and just as she crashed against it Lady Evergarden told her the Major is dead. Yay.***\n\nI thought about this since the end of 7 but what did Claudia expect to happen when the plan was to leave Violet with the Evergardens in Ep1? He very obviously didn\'t tell them to hide Gilbert\'s death, and it literally came up in the first alone interaction Violet had. I know the plan got derailed because she was a bit of a mess back then, but thank god it did because that Violet might\'ve been told in like 5 minutes, and I don\'t know which possible reaction from the person she was scares me the most.\n\nAnyways let\'s start this. Oh, the meeting again. She didn\'t "have" a name then, Violet was a fresh start. And we didn\'t get to the present before the OP, is this a flashback episode? We\'re not, she\'s going to chase the brother in a desperate rage, yay. Also how is this guy still military.\n\nViolet why are you even doing this, you\'re hurting yourself intentionally. And Cattleya for the first time in history you are absolutely wrong, every moment "was" the worst moment yet, better to tell her and be done with it. Oh, it is a flashback episode, or at least it is intermitently. How did Violet even end up where they found her? she\'s basically feral here. This whole thing seems extremely un-military, there\'s no protocol and you\'re just taking a barely functioning teenager as an asset. \n\nSee, this is something that didn\'t make sense while once Violet was revealed to be a one-off case: the Major didn\'t want her to be this, so it had to be an outside force that pushed them into the roles of master and weapon, but it really does not make sense for military brass to do this in this situation unless Violet is some kind of supernatural hyperbeing. She\'s not, she\'s just a random kid with above average fitness, maybe martial arts training, and no sense of self-preservation; this is the first legit liberty with a realistic portrayal of the conflict the series has taken. And while I understand that it\'s a necessary starting point for the story they wanted to tell, it grinds with the realism of the setting.\n\nAnyways we are getting some snapshots of the war period so that\'s good. This entire scene is bizarrely shounen. And the Major is disheartened by seeing her murdering people this nonchalantly because it tilts her into the "thing" he doesn\'t want her to be. Where are you going, present Violet? Oh, it\'s the mansion in the snow. Grave in absentia then. This is closure if you take it Violet, what are you going to do.\n\nShe wasn\'t choosing not to speak, she legitimately did not understand the language. Oh so this is the beginning of the reports, which draws back into the form of her letters in the hospital, which is the core of what she is now. They were writing practice, *from the very beginning letter writing "was" self-improvement*, even when there weren\'t letter... 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:“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”\nSource:Colin Powell\nOne Big Thing In Fintech:Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or decentralized autonomous organizations.\n“There are a lot of financial institutions that should be concerned,” Cuban wrote in a blog post on Sunday. For one, “banks should be scared,” he wrote.\nSource:CNBC\nOther Key Fintech Developments:\n• National banks areleadingdigital.\n• PNCclosesthe BBVA acquisition.\n• GSplanningto offer ether futures.\n• Ledger LiveintegratesParaSwap.\n• Gedikexpandingalgo partnership.\n• ISDAintrosdigital document tech.\n• ABN Amrobuildingpayments tech.\n• Mourningdeaths of trading floors.\n• MicroStrategy tosell$1B for BTC.\n• Finleyraisesfor its fintech platform.\n• Kikitrade winsadded$12M round.\n• Nubank’s $30B fintech originstory.\n• BMOtapsAWS over banking tech.\n• Galaxy Digital, NfXfundingRamp.\n• Marlin & Associates wasacquired.\n• GICinvested$70M into BC Group.\n• Broadridge toexecuterepo trades.\n• Stripe haslaunchedStripe Identity.\n• AmExhonesin on small business.\nWatch Out For This:The Supreme Court has given LinkedIn another chance to stop a rival company from scraping personal information from users’ public profiles, a practice LinkedIn says should be illegal but one that could have broad ramifications for internet researchers and archivists.\nSource:TechCrunch\nInteresting Reads:\n• Unitedrestartspilot hiring process.\n• Real estate is not in a newbubble.\n• Wall Streetpoursmillions into NYC.\n• Bitcoin is an accountingnightmare.\n• JPM ishoardingcash over inflation.\nMarket Moving Headline:Paul Tudor Jones said he would “go all in on the inflation trades” if the Federal Reserve is nonchalant this week regarding rising consumer prices.\nSource:CNBC\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• American Express Delivers On Small Business Plans With Kabbage Checking\n• Fintech Focus For June 14, 2021\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Fintech Header Quote To Start The Day: “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” Source: Colin Powell One Big Thing In Fintech: Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or decentralized autonomous organizations. “There are a lot of financial institutions that should be concerned,” Cuban wrote in a blog post on Sunday. For one, “banks should be scared,” he wrote. Source: CNBC Other Key Fintech Developments: National banks are leading digital. PNC closes the BBVA acquisition. GS planning to offer ether futures. Ledger Live integrates ParaSwap. Gedik expanding algo partnership. ISDA intros digital document tech. ABN Amro building payments tech. Mourning deaths of trading floors. MicroStrategy to sell $1B for BTC. Finley raises for its fintech platform. Kikitrade wins added $12M round. Nubank’s $30B fintech origin story . BMO taps AWS over banking tech. Galaxy Digital, NfX funding Ramp. Marlin & Associates was acquired . GIC invested $70M into BC Group. Broadridge to execute repo trades. Stripe has launched Stripe Identity. AmEx hones in on small business. Watch Out For This: The Supreme Court has given LinkedIn another chance to stop a rival company from scraping personal information from users’ public profiles, a practice LinkedIn says should be illegal but one that could have broad ramifications for internet researchers and archivists. Source: TechCrunch Interesting Reads: United restarts pilot hiring process. Real estate is not in a new bubble . Wall Street pours millions into NYC. Bitcoin is an accounting nightmare . JPM is hoarding cash over inflation. Market Moving Headline: Paul Tudor Jones said he would “go all in on the inflation trades” if the Federal Reserve is nonchalant this week regarding rising consumer prices. Source: CNBC See more from Benzinga Click here for options trades from Benzinga American Express Delivers On Small Business Plans With Kabbage Checking Fintech Focus For June 14, 2021 © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Saqib Iqbal Ahmed and Julien Ponthus\nNEW YORK (Reuters) - The dollar rose to a one-month high against a basket of currencies on Tuesday, aided by data showing inflation speeding up, but its gains were capped as traders awaited the outcome of the U.S. Federal Reserve\'s two-day policy meeting for hints of plans to start tapering its bond purchases.\nData on Tuesday showed U.S. retail sales fell more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to shake off COVID-19 restrictions.\nBut robust demand is outpacing supply, stoking inflation, with several recent readings of inflation gauges - including the producer price index released on Tuesday - signaling rising price pressures.\n"The U.S. dollar kept firm as another hot reading on inflation overshadowed a chilly consumer," said Joe Manimbo, senior market analyst, at Western Union Business Solutions in Washington.\nThe Fed\'s two-day meeting was set to end on Wednesday and it is due to issue a policy statement afterward. So far Fed officials, led by Chair Jerome Powell, have said rising inflationary pressures are transitory and ultra-easy monetary settings will stay in place for some time.\nRecent economic data has raised concerns that price pressure could force an earlier stimulus withdrawal.\n"Assuming that some of the recent increase in inflation is indeed sustained, we would argue that the Fed will react to it, supporting the USD later this year," analysts at BofA Global Research said in note.\nNearly 60% of economists in a Reuters poll expect a tapering announcement in the next quarter.\nThe dollar index, which measures the greenback against a basket of six currencies, was 0.04% higher at 90.529, after rising as high as 90.677, its highest since May 14.\nThe pound fell to a one-month low against the dollar on Tuesday in what analysts said was the breaking of a technical level that did not change the bullish narrative on the British currency. The British currency was last down 0.18% against the greenback.\nIn cryptocurrencies, bitcoin hovered around the $40,000 level, a day after it climbed above that mark for the first time in more than two weeks, aided by the promise of fresh investment from major backer MicroStrategy and an upbeat tweet from Tesla boss Elon Musk.\nMusk on Sunday flagged that the carmaker could resume transactions using the token if miners can use cleaner energy to process them.\nGraphic: Bitcoin recovers after sharp dive - https://fingfx.thomsonreuters.com/gfx/mkt/yzdvxmwzapx/Pasted%20image%201623764300315.png\n(Reporting by Saqib Iqbal Ahmed in New york, Julien Ponthus in London, Kevin Buckland in Tokyo and Tom Westbrook in Singapore; Editing by Kim Coghill, Will Dunham, Emelia Sithole-Matarise, Jan Harvey and Barbara Lewis)', 'By Saqib Iqbal Ahmed and Julien Ponthus NEW YORK (Reuters) - The dollar rose to a one-month high against a basket of currencies on Tuesday, aided by data showing inflation speeding up, but its gains were capped as traders awaited the outcome of the U.S. Federal Reserve\'s two-day policy meeting for hints of plans to start tapering its bond purchases. Data on Tuesday showed U.S. retail sales fell more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to shake off COVID-19 restrictions. But robust demand is outpacing supply, stoking inflation, with several recent readings of inflation gauges - including the producer price index released on Tuesday - signaling rising price pressures. "The U.S. dollar kept firm as another hot reading on inflation overshadowed a chilly consumer," said Joe Manimbo, senior market analyst, at Western Union Business Solutions in Washington. The Fed\'s two-day meeting was set to end on Wednesday and it is due to issue a policy statement afterward. So far Fed officials, led by Chair Jerome Powell, have said rising inflationary pressures are transitory and ultra-easy monetary settings will stay in place for some time. Recent economic data has raised concerns that price pressure could force an earlier stimulus withdrawal. "Assuming that some of the recent increase in inflation is indeed sustained, we would argue that the Fed will react to it, supporting the USD later this year," analysts at BofA Global Research said in note. Nearly 60% of economists in a Reuters poll expect a tapering announcement in the next quarter. The dollar index, which measures the greenback against a basket of six currencies, was 0.04% higher at 90.529, after rising as high as 90.677, its highest since May 14. The pound fell to a one-month low against the dollar on Tuesday in what analysts said was the breaking of a technical level that did not change the bullish narrative on the British currency. The British currency was last down 0.18% against the greenback. Story continues In cryptocurrencies, bitcoin hovered around the $40,000 level, a day after it climbed above that mark for the first time in more than two weeks, aided by the promise of fresh investment from major backer MicroStrategy and an upbeat tweet from Tesla boss Elon Musk. Musk on Sunday flagged that the carmaker could resume transactions using the token if miners can use cleaner energy to process them. Graphic: Bitcoin recovers after sharp dive - https://fingfx.thomsonreuters.com/gfx/mkt/yzdvxmwzapx/Pasted%20image%201623764300315.png (Reporting by Saqib Iqbal Ahmed in New york, Julien Ponthus in London, Kevin Buckland in Tokyo and Tom Westbrook in Singapore; Editing by Kim Coghill, Will Dunham, Emelia Sithole-Matarise, Jan Harvey and Barbara Lewis)', 'Six large insurers acquired shares **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: 2021-06-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $752,078,433,900 - Hash Rate: 129803238.5531561 - Transaction Count: 241861.0 - Unique Addresses: 677276.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.38 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Concept art of the U.S. lit up at night Getty Images Stocks didn't take the most conventional path to gains Thursday, but they climbed the ladder nonetheless as the U.S. economy continued to flex its recovering muscles. The Commerce Department revealed that U.S. GDP grew by a seasonally adjusted annual rate of 6.4% during the first quarter of 2021, exceeding Kiplinger's forecast for 5.5% though coming in a little shy of consensus estimates for 6.7%. SEE MORE 35 Ways to Earn Up to 10% on Your Money "The report points to ongoing recovery and keeps the U.S. economy on track to recover to its pre-pandemic level by Q2 '21," says Barclays economist Pooja Sriram. "Personal consumption spending remained the main driver of growth, as we had anticipated," she says. "Private inventory investment subtracted from growth, reflecting a draw-down in stocks as consumption surged, while net exports also made a negative contribution amid stronger imports." Adding fuel to the fire was a modest decline in weekly unemployment filings, to 553,000 from 570,000 the week prior. Stocks spiked at the open Thursday, declined through midday, then recovered throughout the rest of the afternoon. Facebook ( FB , +7.3%) helped power the S&P 500 (+0.7% to 4,211) to a fresh all-time high after announcing a 48% jump in Q1 revenues and a wide earnings beat. Apple ( AAPL , -0.1%) reported a monster quarter, too, with sales up 54% and profits well ahead of analyst projections, but its advance was more muted thanks to a warning that the global chip shortage could dent current-quarter results. Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice. The Dow Jones Industrial Average (+0.7% to 34,060) finished with a solid gain, while the Nasdaq Composite (+0.2% to 14,082) closed modestly higher. Other action in the stock market today: Automaker Ford ( F , -9.6%) reported better-than-expected profit and revenue in its first quarter, but it warned the global chip shortage could drag on full-year earnings. Disappointing guidance weighed on eBay ( EBAY , -10.0%), too, even as the company beat top- and bottom-line estimates for Q1. In non-earnings news, Uber Technologies ( UBER , -6.0%) and Lyft ( LYFT , -9.9%) sold off dramatically today. Weighing on the ridesharing names were comments made by U.S. Labor Secretary Marty Walsh, who told Reuters that "gig workers should be classified as employees." The small-cap Russell 2000 finished 0.4% in the red to 2,295. U.S. crude oil futures spiked 1.8% higher to settle at $65.01 per barrel after today's economic data supported signs of an improving U.S. economy. Gold futures fell 0.3% to finish at $1,768.30 per ounce. The CBOE Volatility Index (VIX) climbed 1.0% to 17,46. Bitcoin prices plunged 4.5% to $55,470. (Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m. each trading day.) Story continues stock chart for 042921 YCharts Sell in May? We Say "Nay Nay." You can feel it, right? You know what we're talking about. The icy fear of potential underperformance that slaps investors across the face each year? SEE MORE Get Dividends Every Month We mean the tired ol' "Sell in May" adage, rehashed annually because of the historical tendency for May-October returns to underachieve compared to November-April. Here at Kiplinger? We think most investors are better off hanging around for all 12 months. And we're in good company. "I've never been a fan of this adage," says legendary investment strategist Ed Yardeni of Yardeni Research. "It doesn't always work, and even when it does, the investor is left with the problem of determining when to get back into the market." Churning your portfolio can take its toll, whether in opportunity cost or emotional stress. Instead, entrench yourself in a few solid funds, and let the market's dogged progress over time do the work. Whether you're looking to build the core of your portfolio or just add a few tactical positions, start your search with our recently updated "Kip" picks: Those who favor exchange-traded funds can consider our Kip ETF 20 , while those who want humans at the helm might prefer the actively managed (but low-fee) mutual funds of the Kiplinger 25 . SEE MORE 21 Best Retirement Stocks for an Income-Rich 2021... - 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:** ['A local news reporter for Fox 26 in Houston was fired after announcing on-air the company that owns the station has been "muzzling" her reporting and planned an expose with the help of Project Veritas . Ivory Hecker, a general assignment reporter and fill-in anchor for the station, said she planned to release "behind the scenes" recordings about the Fox Corporation during a live broadcast on Monday. Project Veritas revealed on Tuesday that Hecker had been informed of her suspension from Fox 26, sharing a phone recording provided to the conservative activist group. Soon after, the Daily Beast reported Hecker told the news outlet she had been fired. \x93I have been longing to part ways with this strange, slightly unhinged corporation since last August when I realized what they were,\x94 she said, adding she has "zero interest in working for another corporation. They all toe the same line.\x94 Fox 26, which confirmed to multiple news outlets that Hecker had been fired, also issued a statement on the situation. "FOX 26 adheres to the highest editorial standards of accuracy and impartiality," a spokeswoman for the station told the Washington Examiner. "This incident involves nothing more than a disgruntled former employee seeking publicity by promoting a false narrative produced through selective editing and misrepresentation." HOUSTON REPORTER SAYS NETWORK \'MUZZLING\' HER AND TEASES RELEASE OF AUDIO WHILE LIVE ON-AIR On Tuesday, a video published by Project Veritas showed Hecker sitting down for an interview with the group\'s founder, James O\'Keefe, and video and audio clips of some of her superiors at Fox 26. Hecker raised concerns about the station cracking down on reporting related to certain topics, including Bitcoin and a doctor promoting the use of hydroxychloroquine to treat COVID-19. One clip claimed to show Lee Meier, assistant news director at the station, saying, "It\'s not just about the viewers; it\'s about what our CEO reads; it\'s about what our GM reads." Story continues CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Project Veritas has earned a mixed record for its operations, including allegations of misleading editing. In response to Fox 26, O\'Keefe released a statement on Telegram noting Hecker "actually wasn\'t a former employee when she went live on air and sat down with Project Veritas, so [Fox 26] statement is factually incorrect." Washington Examiner Videos Tags: News , Fox , Houston , Texas , Media , Whistleblowers Original Author: Kaelan Deese Original Location: Houston reporter fired over Project Veritas sting', 'A local news reporter for Fox 26 in Houston was fired after announcing on-air the company that owns the station has been "muzzling" her reporting and planned an expose with the help of Project Veritas . Ivory Hecker, a general assignment reporter and fill-in anchor for the station, said she planned to release "behind the scenes" recordings about the Fox Corporation during a live broadcast on Monday. Project Veritas revealed on Tuesday that Hecker had been informed of her suspension from Fox 26, sharing a phone recording provided to the conservative activist group. Soon after, the Daily Beast reported Hecker told the news outlet she had been fired. \x93I have been longing to part ways with this strange, slightly unhinged corporation since last August when I realized what they were,\x94 she said, adding she has "zero interest in working for another corporation. They all toe the same line.\x94 Fox 26, which confirmed to multiple news outlets that Hecker had been fired, also issued a statement on the situation. "FOX 26 adheres to the highest editorial standards of accuracy and impartiality," a spokeswoman for the station told the Washington Examiner. "This incident involves nothing more than a disgruntled former employee seeking publicity by promoting a false narrative produced through selective editing and misrepresentation." HOUSTON REPORTER SAYS NETWORK \'MUZZLING\' HER AND TEASES RELEASE OF AUDIO WHILE LIVE ON-AIR On Tuesday, a video published by Project Veritas showed Hecker sitting down for an interview with the group\'s founder, James O\'Keefe, and video and audio clips of some of her superiors at Fox 26. Hecker raised concerns about the station cracking down on reporting related to certain topics, including Bitcoin and a doctor promoting the use of hydroxychloroquine to treat COVID-19. One clip claimed to show Lee Meier, assistant news director at the station, saying, "It\'s not just about the viewers; it\'s about what our CEO reads; it\'s about what our GM reads." Story continues CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Project Veritas has earned a mixed record for its operations, including allegations of misleading editing. In response to Fox 26, O\'Keefe released a statement on Telegram noting Hecker "actually wasn\'t a former employee when she went live on air and sat down with Project Veritas, so [Fox 26] statement is factually incorrect." Washington Examiner Videos Tags: News , Fox , Houston , Texas , Media , Whistleblowers Original Author: Kaelan Deese Original Location: Houston reporter fired over Project Veritas sting', 'John Collison, the president and co-founder of payments processor Stripe, said he and his company are “extraordinarily enthusiasticbitcoinfans.”\nWhen asked byBloomberg TVhost Emily Chang on Tuesday whether Stripe’s thinking had evolved from its decision tostop supporting bitcoin paymentsin 2018 , Collison said crypto has always been “fairly nuanced.”\n“If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals,” Collison said.\nRelated:Bitcoin Upside Fades; Lower Support at $34K\nCollison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand.\n“We are stuck down at this level where only a fifth of interactions are cross border,” he said. “Crypto is one very exciting direction for trying to solve that.”\nCollison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in “parallel.”\nSee also:Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report\n• Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement\n• Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Market Wrap: Attempts to Push Bitcoin Above $40K Stall', 'John Collison, the president and co-founder of payments processor Stripe, said he and his company are “extraordinarily enthusiasticbitcoinfans.”\nWhen asked byBloomberg TVhost Emily Chang on Tuesday whether Stripe’s thinking had evolved from its decision tostop supporting bitcoin paymentsin 2018 , Collison said crypto has always been “fairly nuanced.”\n“If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals,” Collison said.\nRelated:Bitcoin Upside Fades; Lower Support at $34K\nCollison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand.\n“We are stuck down at this level where only a fifth of interactions are cross border,” he said. “Crypto is one very exciting direction for trying to solve that.”\nCollison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in “parallel.”\nSee also:Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report\n• Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement\n• Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Market Wrap: Attempts to Push Bitcoin Above $40K Stall', 'John Collison, the president and co-founder of payments processor Stripe, said he and his company are “extraordinarily enthusiastic bitcoin fans.” When asked by Bloomberg TV host Emily Chang on Tuesday whether Stripe’s thinking had evolved from its decision to stop supporting bitcoin payments in 2018 , Collison said crypto has always been “fairly nuanced.” “If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals,” Collison said. Related: Bitcoin Upside Fades; Lower Support at $34K Collison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand. “We are stuck down at this level where only a fifth of interactions are cross border,” he said. “Crypto is one very exciting direction for trying to solve that.” Collison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in “parallel.” See also: Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report Related Stories Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says Market Wrap: Attempts to Push Bitcoin Above $40K Stall', "/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES/\nTORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that the Company has entered into subscription agreements with certain institutional investors, for gross proceeds of approximately CAD$15 million in a private placement of its equity securities, comprised of 8,333,336 common shares of the Company (“Shares”) and warrants to purchase up to 6,250,002 common shares (“Warrants”), at a purchase price of CAD$1.8 **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: 2021-06-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $749,382,923,256 - Hash Rate: 121876323.22166562 - Transaction Count: 252937.0 - Unique Addresses: 651528.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.33 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Start cloud mining Bitcoin from as low as $70 a day with the most profitable Bitcoin cloud mining service, NHash. London, UK, May 15, 2021 (GLOBE NEWSWIRE) -- A few weeks ago, the hash rate of Bitcoin dropped about 20% leaving many analysts skeptical of the long-term sustainability of the largest cryptocurrency. Despite the drop, the enthusiasm around the mining of Bitcoin remains as strong as ever with a rising mining difficulty and more miners coming into the fray. Photo Available Here Despite growing into the strongest computational network, Bitcoin has slowly turned into an activity only suitable for the rich. Bitcoin mining requires technical knowledge, expensive equipment, and high electricity costs, which makes it difficult for the common man to make a profit from mining the crypto. This has forced miners to look for alternative cryptocurrencies to mine and formulate new ways of mining. At the top of the solutions is Bitcoin cloud mining. In the next sections, we elaborate on how you can start mining Bitcoin for as little as $70 usingNHash, one of the most profitable crypto cloud mining services. “Cloud Mining is the process of cryptocurrency mining utilizing a remote datacenter with shared processing power.” NHash, a Bitcoin cloud mining service, aims to give everybody a chance to start mining Bitcoin without the need for expensive equipment or high technical knowledge. The Bitcoin mining rigs are housed and maintained in a facility owned by a mining company and you as the customer only need to register and purchase mining products to receive mining rewards in your account. “NHash's team has always put the task of making mining accessible not only for crypto-enthusiasts but also for common users,” theNHashwebsite reads. The cloud mining service allows users to purchase multiple proof-of-work crypto mining contracts. The platforms allow cloud mining of SHA-256, Scrypt, and ETHASH coins including Bitcoin, Litecoin, Ethereum, and Bitcoin Cash among other cryptocurrencies. The service pays out daily rewards to miners and direct withdrawals to your external crypto wallet. NHash’s goals revolve around making crypto mining easy, smart, rewarding, and affordable for all. To see this goal through, the NHash team is comprised of highly skilled engineers, developers, and mining specialists that ensure mining run smoothly and investors are offered the best rates and rewards possible via their cloud mining service.The cheapest-most profitable cloud mining serviceNHash offers users some of the best cloud mining rates in the crypto scene to ensure anyone with some capital can start earning rewards from the service. The cloud mining service currently offers five BTC mining price plans – curated from as low as $70 for a 1-day mining contract. The 1-day BTC mining contract ears users a 3% daily reward with no extra maintenance fees charged.Other contracts include the 7-day mining contract that users can purchase for as low as $200 giving users a fixed income reward of up to 6%, and the 14-day mining contract costs $600 with an expected return of 10% during the period. Photo: NHash offers multiple mining contracts for clients(Image: NHash) NHash also offers “mega contracts” to users including the 30-day mining contract that costs $2,000 and gives the miner an expected return of 25% during the period and the 45-day mining contract, a $5,000 contract offering miners a 40% return during the period.Finally,Nhashlaunched a new campaign that rewards all users with a sign-up bonus of $5, also has a referral program that rewards you for inviting friends to the platforms. At the starter tier, miners get 2% of the quantity of hash power purchased (money invested into NHash) by your referral. This can be a great way to start earning passively! To learn more about NHash and purchase cloud mining plans, visit its website atNhash.io CONTACT: Ross Davis [email protected] https://www.nhash.io... - 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 World Bank has rejected a request from El Salvador to assist the country in implementingbitcoinas a legal tender.\nAccording to areport by Reuterson Wednesday, the bank, which is an international financial institution offering grants and loans to low-income countries, said it was “committed to helping El Salvador” for currency transparency and regulatory process.\n“While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” a World Bank spokesperson said via email. The use of cryptocurrencies has raised environmental concerns because of the amount of electricity it takes to minebitcoin.\nRelated:Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month\nOn Wednesday, Salvadoran Finance Minister Alejandro Zelaya said his country had approached the bank for technical assistance in order to implement bitcoin alongside the U.S. dollar, according to the Reuters report.\nEl Salvadorofficially recognizedthe crypto as legal tender earlier this month when President Nayib Bukele proposed a bill that was eventually passed via supermajority in the country’s legislature.\nSee also:Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Bitcoin Holds Short-Term Support; Faces Resistance at $41K\n• Bitcoin Holders Become Net Buyers for First Time Since October as ‘Death Cross’ Looms\n• Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023', 'The World Bank has rejected a request from El Salvador to assist the country in implementingbitcoinas a legal tender.\nAccording to areport by Reuterson Wednesday, the bank, which is an international financial institution offering grants and loans to low-income countries, said it was “committed to helping El Salvador” for currency transparency and regulatory process.\n“While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” a World Bank spokesperson said via email. The use of cryptocurrencies has raised environmental concerns because of the amount of electricity it takes to minebitcoin.\nRelated:Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month\nOn Wednesday, Salvadoran Finance Minister Alejandro Zelaya said his country had approached the bank for technical assistance in order to implement bitcoin alongside the U.S. dollar, according to the Reuters report.\nEl Salvadorofficially recognizedthe crypto as legal tender earlier this month when President Nayib Bukele proposed a bill that was eventually passed via supermajority in the country’s legislature.\nSee also:Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Bitcoin Holds Short-Term Support; Faces Resistance at $41K\n• Bitcoin Holders Become Net Buyers for First Time Since October as ‘Death Cross’ Looms\n• Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023', 'The World Bank has rejected a request from El Salvador to assist the country in implementing bitcoin as a legal tender. According to a report by Reuters on Wednesday, the bank, which is an international financial institution offering grants and loans to low-income countries, said it was “committed to helping El Salvador” for currency transparency and regulatory process. “While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” a World Bank spokesperson said via email. The use of cryptocurrencies has raised environmental concerns because of the amount of electricity it takes to mine bitcoin . Related: Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month On Wednesday, Salvadoran Finance Minister Alejandro Zelaya said his country had approached the bank for technical assistance in order to implement bitcoin alongside the U.S. dollar, according to the Reuters report. El Salvador officially recognized the crypto as legal tender earlier this month when President Nayib Bukele proposed a bill that was eventually passed via supermajority in the country’s legislature. See also: Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says Related Stories Bitcoin Holds Short-Term Support; Faces Resistance at $41K Bitcoin Holders Become Net Buyers for First Time Since October as ‘Death Cross’ Looms Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023 View comments', 'PALO ALTO, Calif., June 16, 2021 (GLOBE NEWSWIRE) --Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing CoinMarketCap has pre-listed the new cryptocurrency ahead of its official public launch on exchanges across the globe in Q3 2021. Bitcoin Latinum\'s profile on CoinMarketCap (currently identified as "untracked" until the public listing) can be viewed at:https://coinmarketcap.com/currencies/bitcoin-latinum/\nFounded in 2013, CoinMarketCap has become the world\'s premier price-tracking and market capitalization authority website for cryptocurrencies. It is the most referenced and trusted source for comparing thousands of digital assets in the rapidly growing cryptocurrency space by users, institutions, and media. CoinMarketCap has between 2.5 and 5 million unique daily visitors on its platform.\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 – to trade under LTNM – will be mining-free, with a supply of 888,888,888 pre-mined tokens.\nBitcoin Latinum sold out its initial pre-sale with over nine figures committed from buyers across the globe in November 2020. In Q2 2021 Bitcoin Latinum announced a groundbreaking green initiative in support of the Crypto Climate Accord. This will be achieved through an energy efficient consensus protocol system for settling transactions.\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 consensus node protection based on memory scanning technology.\nThe industry remains bullish on Bitcoin pricing and market adoption. Gartner stated that blockchain technology will create more than $176 billion dollars worth of business value by 2025 and $3.1 trillion by 2030. Early Bitcoin adopters, Tyler and Cameron Winklevoss, have vowed to keep their coin holdings until the price of Bitcoin hits $500,000. In a recent interview, they stated, "With a market capitalization of $10 trillion, we believe that one Bitcoin will be worth $500,000. And we think that could happen within this decade. Definitely in the next five years. We are holders up to at least $500,000."\nMonsoon Blockchain Corporation, Asia\'s premier blockchain company, was selected by Bitcoin Latinum as its foundation partner. Monsoon is focused on innovative cloud solutions in the blockchain ecosystem, leveraging the latest blockchain technology to develop powerful business solutions that allow the successful digitization of and listing of assets across a variety of industries, including financial services, telecommunications, and media and entertainment. Dr. Donald Basile, Monsoon\'s CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook as well as partnerships with HP, IBM, and Dell.\nRecently, Monsoon Blockchain Corporation added advisory board members Ken Goldman, President of Hillspire (Eric Schmidt\'s family office), and former CFO of Yahoo and Fortinet, and Winston Ma to their team. Mr. Ma was the former Managing Director and Head of the North America Office for China Investment Corporation (CIC), China\'s $1 trillion sovereign wealth fund.\nFOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any Bitcoin Latinum offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. Bitcoin Latinum strongly recommends you consult a licensed or registered professional before making any investment decision.\nMedia contact\nCompany: Bitcoin Latinum\nContact: Kai Okada\nE-mail: [email protected]\nWebsite:https://bitcoinlatinum.com/\nAddress: 2100 Geng Road, Palo Alto, California 94303, USA\nTelephone: +1 800-528-0985\nSOURCE:Bitcoin Latinum', 'PALO ALTO, Calif., June 16, 2021 (GLOBE NEWSWIRE) -- Bitcoin Latinum , the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing CoinMarketCap has pre-listed the new cryptocurrency ahead of its official public launch on exchanges across the globe in Q3 2021. Bitcoin Latinum\'s profile on CoinMarketCap (currently identified as "untracked" until the public listing) can be viewed at: https://coinmarketcap.com/currencies/bitcoin-latinum/ Founded in 2013, CoinMarketCap has become the world\'s premier price-tracking and market capitalization authority website for cryptocurrencies. It is the most referenced and trusted source for comparing thousands of digital assets in the rapidly growing cryptocurrency space by users, institutions, and media. CoinMarketCap has between 2.5 and 5 million unique daily visitors on its platform. Bitcoin Latinum is an enhanced Bitcoin fork. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies fro **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: 2021-06-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,681,646,075 - Hash Rate: 128812374.13671976 - Transaction Count: 237725.0 - Unique Addresses: 601894.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A bitcoin exchange-traded fund (ETF) from Canadian digital asset manager 3iQ Corp is now trading on the Toronto Stock Exchange (TSX). The “3iQ CoinShares Bitcoin ETF” will trade in Canadian dollars under the ticker BTCQ and in U.S. dollars under the symbol BTCQ.U, the company announced Monday. It’s the fourth such bitcoin ETF to trade in the nation of 38 million. Canadian regulators last week approved multiple ether ETFs in a sign of the country’s willingness to serve crypto-curious investors. U.S. regulators, meanwhile, have yet to approve a bitcoin ETF after years of rejected applications . Prior to this latest listing, 3iQ already had a bitcoin ETF listed on the TSX. The firm’s CEO, Fred Pye, said it is “another milestone for the 3iQ team, bitcoin enthusiasts and investors across Canada.” The management fee for the ETF is 1.00% and 3iQ said it is absorbing any other expenses in excess of 0.25%. Related Stories Bitcoin ETF From 3iQ and CoinShares, Canada’s 4th, Begins Trading on TSX Bitcoin ETF From 3iQ and CoinShares, Canada’s 4th, Begins Trading on TSX Bitcoin ETF From 3iQ and CoinShares, Canada’s 4th, Begins Trading on TSX Bitcoin ETF From 3iQ and CoinShares, Canada’s 4th, Begins Trading on TSX... - 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 0.71% on Thursday. Following a 4.48% slide on Wednesday, Bitcoin ended the day at $38,073.0. A bullish start to the day saw Bitcoin rise to a late morning intraday high $39,519.0 before hitting reverse. Falling short of the first major resistance level at $39,830, Bitcoin slid to a late intraday low $37,387.0. Bitcoin fell through the first major support level at $37,491 before a late move back through to $38,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$38,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 1.45% to lead the way down. Cardano’s ADA (-0.22%) and Crypto.com Coin (-0.60%) also joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink and Binance Coin led the way, with gains of 1.53% and 1.59% respectively. Bitcoin Cash SV (+0.83%), Ethereum (+0.21%), Litecoin (+0.36%), Ripple’s XRP (+0.89%) saw modest gains on the day. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Thursday low $1,522bn. At the time of writing, the total market cap stood at $1,568bn. Bitcoin’s dominance fell to a Monday low 45.34% before rising to a Wednesday high 46.26%. At the time of writing, Bitcoin’s dominance stood at 45.62%. This Morning At the time of writing, Bitcoin was up by 0.16% to $38,135.0. A mixed start to the day saw Bitcoin fall to an early morning low $37,902.0 before rising to a high $38,136.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.10%), Crypto.com Coin (-1.04%), Litecoin (-0.16%), and Polkadot (-0.16%) saw red early on. It was a relatively bullish start to the day for the rest of the pack, however. At the time of writing, Binance Coin was up by 0.31% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $38,326 pivot to bring the first major resistance level at $39,266 into play. Support from the broader market would be needed for Bitcoin to break back through to $39,000 levels. Barring a broad-based crypto rally, the first major resistance level and Thursday’s high $39,519.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,458. Failure to move through the $38,326 pivot would bring the first major support level at $37,134 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$36,000 levels. The second major support level at $36,194 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – June 18th, 2021 AUD/USD Forex Technical Analysis – Next Big Challenge for Traders .7499-.7379 Long-Term Retracement Zone Natural Gas Price Prediction – Prices Consolidate as Storm in the Gulf Brews Natural Gas Price Forecast – Natural Gas Markets Pull Back U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 91.950, Weakens Under 91.850 GameStop Poised to Trade With Tech Giants in Russell 1000', 'Bitcoin , BTC to USD, fell by 0.71% on Thursday. Following a 4.48% slide on Wednesday, Bitcoin ended the day at $38,073.0. A bullish start to the day saw Bitcoin rise to a late morning intraday high $39,519.0 before hitting reverse. Falling short of the first major resistance level at $39,830, Bitcoin slid to a late intraday low $37,387.0. Bitcoin fell through the first major support level at $37,491 before a late move back through to $38,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$38,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 1.45% to lead the way down. Cardano’s ADA (-0.22%) and Crypto.com Coin (-0.60%) also joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink and Binance Coin led the way, with gains of 1.53% and 1.59% respectively. Bitcoin Cash SV (+0.83%), Ethereum (+0.21%), Litecoin (+0.36%), Ripple’s XRP (+0.89%) saw modest gains on the day. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Thursday low $1,522bn. At the time of writing, the total market cap stood at $1,568bn. Bitcoin’s dominance fell to a Monday low 45.34% before rising to a Wednesday high 46.26%. At the time of writing, Bitcoin’s dominance stood at 45.62%. This Morning At the time of writing, Bitcoin was up by 0.16% to $38,135.0. A mixed start to the day saw Bitcoin fall to an early morning low $37,902.0 before rising to a high $38,136.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.10%), Crypto.com Coin (-1.04%), Litecoin (-0.16%), and Polkadot (-0.16%) saw red early on. It was a relatively bullish start to the day for the rest of the pack, however. At the time of writing, Binance Coin was up by 0.31% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $38,326 pivot to bring the first major resistance level at $39,266 into play. Support from the broader market would be needed for Bitcoin to break back through to $39,000 levels. Barring a broad-based crypto rally, the first major resistance level and Thursday’s high $39,519.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,458. Failure to move through the $38,326 pivot would bring the first major support level at $37,134 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$36,000 levels. The second major support level at $36,194 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – June 18th, 2021 AUD/USD Forex Technical Analysis – Next Big Challenge for Traders .7499-.7379 Long-Term Retracement Zone Natural Gas Price Prediction – Prices Consolidate as Storm in the Gulf Brews Natural Gas Price Forecast – Natural Gas Markets Pull Back U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 91.950, Weakens Under 91.850 GameStop Poised to Trade With Tech Giants in Russell 1000', 'One person was killed and 12 more were injured Thursday after a gunman went on a shooting spree across cities in the West Valley area of Arizona, police said. A suspect has been taken into custody, and officials said they believe he is the only shooter. At around 11 a.m. local time, police officers in Peoria, Arizona, responded to reports of a person in a white SUV who had fired at another vehicle, Sergeant Brandon Sheffert of the Peoria Police Department said during a preliminary press briefing on Thursday. Over the next hour and a half, the suspect fired shots at seven more locations before he was taken into custody, Sheffert said. The suspect was taken into custody around 12:42 p.m. local time in Surprise, Arizona, and "complied completely" with law enforcement, Sheffert said. The suspect was identified Friday as 19-year-old Ashin Tricarico from Surprise. He has been booked on a count of first degree murder, multiple counts of aggravated assault and drive by shooting, and one count of endangerment, authorities said . His motive remains unclear. Four people were shot, including the deceased victim, and nine other people were injured. Police did not specify how the other nine were injured, but said all 12 of the other victims are expected to recover. The deceased victim was identified Friday as a 56-year-old male, and authorities said the victims ranged in age from 19 to 56 and comprise men and women of various races. Multiple hospitals in the area were placed on a temporary lockdown as a result of the shootings, but it has since been lifted. Officer Tommy Hale of the Surprise Police Department said Thursday that he does not believe there are any other suspects involved with the incident and that "there is no reason" for the public to feel unsafe. An investigation is underway. "Our thoughts go with them," Sheffert said, in reference to victims and their families as well as the officers and firefighters that responded to the scenes. "This is trying for everybody and this doesn\'t normally happen." Authorities closed local roads in surrounding areas while officials continue to investigate the incident. Nine states set to end enhanced federal unemployment benefits on Saturday Astronauts preparing for a Sunday spacewalk to continue upgrades Bitcoin mining companies eyeing move to U.S. amid crypto-crackdown in China View comments', 'One person was killed and 12 more were injured Thursday after a gunman went on a shooting spree across cities in the West Valley area of Arizona, police said. A suspect has been taken into custody, and officials said they believe he is the only shooter. At around 11 a.m. local time, police officers in Peoria, Arizona, responded to reports of a person in a white SUV who had fired at another vehicle, Sergeant Brandon Sheffert of the Peoria Police Department said during a preliminary press briefing on Thursday. Over the next hour and a half, the suspect fired shots at seven more locations before he was taken into custody, Sheffert said. The suspect was taken into custody around 12:42 p.m. local time in Surprise, Arizona, and "complied completely" with law enforcement, Sheffert said. The suspect was identified Friday as 19-year-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: 2021-06-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $704,351,552,625 - Hash Rate: 122867187.63810194 - Transaction Count: 222918.0 - Unique Addresses: 567037.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Rockwell Automation Inc.ROK is scheduled to report second-quarter fiscal 2021 results, before market open on Apr 28. The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $1.70 billion, indicating growth of 1.3% from the prior-year quarter. The same for earnings is pinned at $2.15, suggesting a decline of 11.5% from the year-ago figure. In the last reported quarter, Rockwell Automation’s adjusted earnings per share beat the Zacks Consensus Estimate and improved year over year. However, revenues missed the Consensus Mark and declined year on year.The company has a trailing four-quarter average earnings surprise of 18.7%. Rockwell Automation, Inc. price-eps-surprise | Rockwell Automation, Inc. Quote Our proven model predicts an earnings beat for Rockwell Automation this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Earnings ESP:The Earnings ESP for Rockwell Automation is +1.10%.Zacks Rank:Rockwell Automation currently carries a Zacks Rank #3. Rockwell Automation witnessed a sharp increase in orders in first-quarter fiscal 2021, higher than the pre-pandemic levels. Demand was particularly robust for Intelligent Devices and Information Solutions, and is likely to be strong in the near term. These are likely to have boosted the top-line performance in the fiscal second quarter as well. Moreover, improved manufacturing activities in the United States and upbeat industrial production data indicate that Rockwell Automation had witnessed improved order levels over the course of the fiscal second quarter.Demand for packaged food and beverages has been strong amid travel restrictions imposed by governments worldwide. Rockwell Automation's Food & Beverage business is roughly 70% retail for grocery stores and home delivery, and 30% foodservice for restaurants. Demand has also picked up in the automotive industry owing to the relaxation of the pandemic-induced restrictions, pent-up demand, easier credit conditions and preference for personal mobility. Also, demand in the semiconductor industry is improving. These factors are likely to get reflected in the company’s fiscal second-quarter top line.Moreover, focus on productivity improvements and material cost savings are anticipated to have benefited the company’s bottom line during the quarter under review. Notably, Rockwell Automation implemented temporary cost-containment measures and saved around $150 million in fiscal 2020. Over the past year, Rockwell Automation’s shares have gained 58.2% compared with the industry’s growth of 59.7%. Here are some other Industrial Products stocks, which you may consider as our model shows that these have the right combination of elements to post an earnings beat in their upcoming releases:Deere & CompanyDE has an Earnings ESP of +1.13% and sports a Zacks Rank #1. You can seethe complete list of today’s Zacks #1 Rank stocks here.Caterpillar Inc.CAT has an Earnings ESP of +3.15% and carries a Zacks Rank #2.AGCO Corp.AGCO has an Earnings ESP of +2.94% and holds a Zacks Rank of 3. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >> 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 reportDeere & Company (DE) : Free Stock Analysis ReportAGCO Corporation (AGCO) : Free Stock Analysis ReportCaterpillar Inc. (CAT) : Free Stock Analysis ReportRockwell Automation, Inc. (ROK) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - 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, slid by 5.85% on Friday. Following a 0.71% loss on Thursday, Bitcoin ended the day at $35,845.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $38,184.1 before hitting reverse.\nFalling short of the first major resistance level at $39,266, Bitcoin slid to a late afternoon intraday low $35,137.0.\nBitcoin fell through the first major support level at $37,134 and the second major support level at $36,194.\nSteering clear of sub-$35,000 support levels, however, Bitcoin revisited $35,900 levels before easing back.\nResistance at $36,000 pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nPolkadot rose by 1.17% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkslid by 9.26% to lead the way down.\nBitcoin Cash SV(-6.12%),Crypto.com Coin(-6.75%),Ethereum(-5.85%),Litecoin(-6.44%), andRipple’s XRP(-5.33%) weren’t far behind.\nBinance Coin(-4.42%) andCardano’s ADA(-4.40%) also struggled.\nIn the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,433bn. At the time of writing, the total market cap stood at $1,483bn.\nBitcoin’s dominance rose to a Wednesday high 46.26% before falling to an early Saturday low 45.18%. At the time of writing, Bitcoin’s dominance stood at 45.23%.\nAt the time of writing, Bitcoin was down by 0.13% to $35,800.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,677.1 before rising to a high $35,950.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, falling by 1.95% to join Bitcoin in the red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Chainlink was up by 1.03% to lead the way.\nBitcoin would need to move through the $36,389 pivot to bring the first major resistance level at $37,640 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Friday’s high $38,184.1 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major level sits at $39,436.\nFailure to move through the $36,389 pivot would bring the first major support level at $34,593 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,342 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Turn Around Again\n• S&P 500 Price Forecast – S&P 500 Continues to Dance Along 50 Day EMA\n• S&P 500 Weekly Price Forecast – S&P 500 Continues to Look at Supported\n• The Weekly Wrap – A Hawkish FED Delivers for the Dollar Bulls\n• The Crypto Daily – Movers and Shakers – June 19th, 2021\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Drive Higher', 'Bitcoin , BTC to USD, slid by 5.85% on Friday. Following a 0.71% loss on Thursday, Bitcoin ended the day at $35,845.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $38,184.1 before hitting reverse. Falling short of the first major resistance level at $39,266, Bitcoin slid to a late afternoon intraday low $35,137.0. Bitcoin fell through the first major support level at $37,134 and the second major support level at $36,194. Steering clear of sub-$35,000 support levels, however, Bitcoin revisited $35,900 levels before easing back. Resistance at $36,000 pinned Bitcoin back late in the day. The near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Polkadot rose by 1.17% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink slid by 9.26% to lead the way down. Bitcoin Cash SV (-6.12%), Crypto.com Coin (-6.75%), Ethereum (-5.85%), Litecoin (-6.44%), and Ripple’s XRP (-5.33%) weren’t far behind. Binance Coin (-4.42%) and Cardano’s ADA (-4.40%) also struggled. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,433bn. At the time of writing, the total market cap stood at $1,483bn. Bitcoin’s dominance rose to a Wednesday high 46.26% before falling to an early Saturday low 45.18%. At the time of writing, Bitcoin’s dominance stood at 45.23%. This Morning At the time of writing, Bitcoin was down by 0.13% to $35,800.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,677.1 before rising to a high $35,950.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, falling by 1.95% to join Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Chainlink was up by 1.03% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $36,389 pivot to bring the first major resistance level at $37,640 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring a broad-based crypto rally, the first major resistance level and Friday’s high $38,184.1 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major level sits at $39,436. Failure to move through the $36,389 pivot would bring the first major support level at $34,593 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,342 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Turn Around Again S&P 500 Price Forecast – S&P 500 Continues to Dance Along 50 Day EMA S&P 500 Weekly Price Forecast – S&P 500 Continues to Look at Supported The Weekly Wrap – A Hawkish FED Delivers for the Dollar Bulls The Crypto Daily – Movers and Shakers – June 19th, 2021 Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Drive Higher', "The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31st. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive review of these public filings is finally over, so this article is set to reveal the smart money sentiment towards Fuel Tech Inc. (NASDAQ:FTEK).\nFuel Tech Inc. (NASDAQ:FTEK) was in 4 hedge funds' portfolios at the end of March. The all time high for this statistic is 5. FTEK has experienced an increase in activity from the world's largest hedge funds recently. There were 3 hedge funds in our database with FTEK holdings at the end of December. Our calculations also showed that FTEK isn't among the30 most popular stocks among hedge funds(click for Q1 rankings).\nAccording to most traders, hedge funds are assumed to be worthless, outdated investment tools of the past. While there are over 8000 funds with their doors open at the moment, Our researchers look at the top tier of this group, about 850 funds. Most estimates calculate that this group of people watch over the lion's share of the smart money's total asset base, and by paying attention to their matchless stock picks, Insider Monkey has brought to light a number of investment strategies that have historically defeated the S&P 500 index. Insider Monkey's flagship short hedge fund strategy surpassed the S&P 500 short ETFs by around 20 percentage points a year since its inception in March 2017. Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. You can download a sample issue of this newsletteron our website.\nKen Griffin of Citadel Investment Group\nAt Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation, which is why we are checking outthis inflation play. We go through lists like10 best gold stocks to buyto identify promising stocks. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter onour homepage. With all of this in mind let's check out the recent hedge fund action regarding Fuel Tech Inc. (NASDAQ:FTEK).\nAt the end of March, a total of 4 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 33% from one quarter earlier. Below, you can check out the change in hedge fund sentiment towards FTEK over the last 23 quarters. So, let's see which hedge funds were among the top holders of the stock and which hedge funds were making big moves.\nAccording to Insider Monkey's hedge fund database,Renaissance Technologies, holds the biggest position in Fuel Tech Inc. (NASDAQ:FTEK). Renaissance Technologies has a $4.1 mil **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: 2021-06-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $673,021,335,250 - Hash Rate: 102059034.89293952 - Transaction Count: 187042.0 - Unique Addresses: 489074.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Share of People Who Received at Least One Dose of COVID-19 Vaccine Source: Our World in Data, U.S. Global Investors Source: Our World in Data, U.S. Global Investors Global Manufacturing Expanded at Fastest Pace in More Than a Decade Source: JPMorgan, IHS Markit, U.S. Global Investors Source: JPMorgan, IHS Markit, U.S. Global Investors SAN ANTONIO, May 10, 2021 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW ) (the “Company”), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold to crypto asset classes, today is pleased to report financial results for the quarter ended March 31, 2021. Total operating revenues were $6.4 million, an increase of approximately 23% quarter-over-quarter (QoQ) and 595% year-over-year (YoY). Net income was $14.2 million, or $0.94 per share, compared to a net loss of $1.6 million, or $0.11 per share, a year earlier. Assets under management (AUM) surged to an average of $4.0 billion, up over 35% QoQ and 630% YoY. Total AUM ended the quarter at $4.6 billion, compared to $655.1 million as of March 31, 2020, an increase of about $4.0 billion, or more than 590%. Operating margin expanded to 53%, compared to an operating loss during the same period last year. JETS Continued to Attract Inflows as Vaccine Rollout Accelerated Inflows into the U.S. Global Jets ETF ( JETS ) kept pace during the quarter ended March 31, 2021, as it appears investors continued to bet that vaccine distributions would help commercial air travel demand recover to pre-pandemic levels sooner rather than later. JETS, a quant-based, smart-beta 2.0 ETF that invests in global carriers as well as aircraft manufacturers and airport services companies, attracted healthy inflows, bringing its total AUM to $4.0 billion, up 38% QoQ and more than 1,200% YoY. Trading volume during the quarter totaled about 412 million shares, an increase of about 14% QoQ and almost 735% YoY. “As of the end of April, 43% of American adults had received at least one dose of the COVID-19 vaccine, while 30% were fully vaccinated, according to the Centers for Disease Control and Prevention (CDC). This is incredibly positive news for the commercial airline industry, especially when coupled with new CDC guidance saying fully vaccinated people can now travel at low risk to themselves,” comments Company CEO and Chief Investment Officer Frank Holmes. “Domestic leisure travel is roaring back, and several carriers have already announced new routes to popular vacation destinations, many of them to become available this summer. The next leg of recovery is Europe, which is seeking to reopen its borders to vaccinated tourists this summer, followed by Asia and Latin America, which currently lag the rest of the world in terms of vaccine distribution.” Story continues “Contributing to our bullishness is the strong rebound in global manufacturing activity. In April, the JPMorgan Global Manufacturing Purchasing Manager’s Index (PMI), a leading indicator of economic growth, registered 55.8, its best reading since April 2010. The PMIs for the U.S. and Eurozone both hit record highs of 60.5 and 62.9, respectively, suggesting the unprecedented levels of monetary and fiscal stimulus have succeeded in propping up their economies.” Branding JETS Globally In April, JETS became listed on the Mexican Stock Exchange (BMV), expanding the Company’s global footprint and allowing investors in Mexico to participate. The BMV is the second largest stock exchange in Latin America, with a total market capitalization of over $530 billion. “I believe JETS will be well received by Mexican investors. Our quant approach to security selection has resulted in a number of Latin American airlines and airports joining the ETF, including Brazil’s GOL Airlines and Azul Airlines and Mexico’s Volaris and Grupo Aeroportuario del Sureste,” Mr. Holmes continues. “And our timing couldn’t have been better. Airports in Mexico serving popular travel destinations reported record traffic in March—greater, even, than traffic seen in the same month in 2019. Cancun International Airport, for instance, said arrivals finished the month at nearly 700,000, a new record for March and an increase of 5% from March 2019. Among the airports that also reported encouraging travel numbers compared to two years ago were Ciudad Juarez, Hermosillo, La Paz and Mochis.” The Company receives a unitary management fee of 0.60% of average net assets in JETS and the Company’s other ETF, the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), and it has agreed to bear all expenses of the ETFs. The management fee is the same as the ETFs’ gross expense ratio. Base management fees, which make up part of the company’s advisory fees, increased $5.2 million during the quarter ended March 2021 compared to the same quarter last year, due mainly to an increase in JETS’ average AUM. Redeploying Capital Back into HIVE Blockchain Technologies , the Company’s Exposure to the Crypto Boom During the three months ended March 31, 2021, the Company purchased convertible securities of HIVE Blockchain Technologies Ltd. (“HIVE”), a company that is headquartered and traded in Canada with cryptocurrency mining facilities in Iceland, Sweden and Canada. The convertible securities are comprised of 8.0% interest-bearing unsecured convertible debentures, with a principal amount of $14.3 million, at March 31, 2021, maturing in January 2026, and 5 million common share purchase warrants in the capital of HIVE. The principal amount of each debenture is convertible into common shares in the capital of HIVE at a conversion rate of $2.34. Each whole warrant, expiring in January 2024, entitles the Company to acquire one common share at a price of CAD$3.00. At March 31, the investments were valued at approximately $29.1 million at March 31, 2021. Converting the debentures and warrants into HIVE shares would result in the Company acquiring approximately 11 million shares of HIVE, which is approximately 0.7 of a share of HIVE for every one share of GROW. “By repositioning our investment in HIVE, we seek to continue participating in the crypto-mining ecosystem while lowering the volatility of our investment portfolio,” Mr. Holmes explains. “Two years ago, a change was made to how we record unrealized gains and losses of certain corporate investments, such that our equity position in HIVE often swung our net income dramatically quarter-to-quarter. Obviously debt securities such as convertible debentures come with their own risks, but historically they’ve been less volatile than stocks. “It’s important for investors and traders to be aware that Bitcoin and Ethereum remain extremely volatile, which is reflected in HIVE’s stock price since it mines both coins. HIVE was the most liquid stock on the combined TSX Venture Exchange (TSX.V) and Canadian Alternative Trading Systems (ATS) in 2020, and yet it’s still more volatile than a highly disruptive mega-cap stock like Tesla. HIVE maintains a ‘HODL’ strategy, meaning it holds the newly-minted coins it mines in the hopes of realizing higher returns, rather than immediately selling them.” Standard Deviation for One-Year Period, as of March 31, 2021 One Day 10 Day Gold Bullion ±1% ±3% S&P 500 ±2% ±5% Gold Stocks ±3% ±8% Bitcoin ±4% ±16% Tesla ±5% ±18% Ethereum ±6% ±21% Mr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at March 31, 2021. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. Adequate Liquidity and Capital Resources As of March 31, 2021, the Company had net working capital of approximately $14.1 million. With approximately $9.5 million in cash and cash equivalents and $41.4 million in available-for-sale debt and equity securities at fair value, the Company has adequate liquidity to meet its current obligations. Share Repurchase Program The Company has a share repurchase program, approved by the Board of Directors, authorizing it to annually purchase up to $2.75 million of its outstanding common shares on the open market through December 31, 2021. The repurchase program has been in place since December 2012. For the three months ended March 31, 2021, the Company repurchased 19,900 class A shares using cash of $127,000. The plan may be suspended or discontinued at any time. GROW Dividends Increased As of March 31, 2021, the Board has authorized a monthly dividend of $0.0050 per share through June 2021, at which time it will be considered for continuation by the Board. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. As of March 31, 2021, the total amount of cash dividends expected to be paid to class A and class C shareholders from April to June 2021 is approximately $226,000. Earnings Webcast Information The Company has scheduled a webcast for 7:30 a.m. Central time on Monday, May 10, 2021, to discuss the Company’s key financial results for the year. Frank Holmes will be accompanied on the webcast by Lisa Callicotte, chief financial officer, and Holly Schoenfeldt, marketing and public relations manager. Click here to register for the earnings webcast or visit www.usfunds.com for more information. Selected Financial Data (unaudited): ( dollars in thousands, except per share data ) Three months ended 3/31/2021 3/31/2020 Operating Revenues $6,355 $914 Operating Expenses 3,003 1,893 Operating Income (Loss) 3,352 (979) Total Other Income (Loss) 15,474 (503) Income (Loss) from Continuing Operations Before Income Taxes 18,826 (1,482) Income Tax Expense 4,602 75 Net Income (Loss) from Continuing Operations 14,224 (1,557) Loss from Discontinued Operations - (85) Net Income (Loss) 14,224 (1,642) Less: Net Loss Attributable to Non-Controlling Interest ... - Reddit Posts (Sample): [['u/spigotR', "What's with all these noobs?", 51, '2021-06-19 00:41', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/', "I see post after post of people whining because the price is down, and calling Jeff Berwick a pump and dump scammer. \n\nFrist, I didn't buy pirate chain because of the words of one guy as you seem to have done. I bought it based on the technology and my belief in the value of privacy. If you are buying anything just because some internet guy tells you too, that's YOUR issue.\n\nSecond do these people have no memory? I remember VERY RECENTLY when the price shot up THOUSOUNDS of percent. It's the most basic of knowledge that when price goes up that much, it will go down some. Guess what? We are still up HUGE even with this dip. \n\nThird, these people have no clue about the context of the entire cypto market. We aren't even doing too bad considering bitcoin tanked 50% not too long ago. \n\n​\n\nConclusion, stop whining and have some patience... and some balls.", 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/', 'o325io', [['u/LexRex93', 18, '2021-06-19 00:48', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/h29hz7w/', "I'm a noob but I've done enough of my own research and share your sentiment. I bought in at $10 and I'm obviously in the hole right now. I'm not worried though because I also bought in because of the technology and it's privacy. I see this as a solid project with investing in. I'm prepared to wait this out and will probably buy more at this low price.", 'o325io'], ['u/nowisalluhav', 24, '2021-06-19 01:07', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/h29k1vc/', 'Remember, every one of those noobs is a person interested in Pirate, a potential investor / partner to help grow the network. We ALL started out as noobs. Patience ;)', 'o325io'], ['u/scott_fromthefuture', 17, '2021-06-19 01:10', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/h29kbuz/', 'Pirate is still in nearly the same market ranking. This tells me Pirate has not dropped any faster than the average that the whole crypto market is down\n\nNothing has changed with Pirate as a project. No big news has come out that changes anything. In fact, the opposite. New discoveries are being made, devs are joining, everything is happening on track. The project itself is very optimistic, even more so then it was a couple months ago.\n\nThe only thing that has changed is price, but as far as I can tell not even more so then other projects on average. Pirate is a newer project, and it only just recently had the 6000% increase. This brought in many new users that have not yet been convinced of the project. I would say Pirate has a higher than average amount of new users just before the industry pulled back.\n\nThe idea that Pirate is down is all perspective anyway. If you look at a 14 day chart, Pirate is down about 50%. If you look at a 45 day chart it is up 10x. So all perspective, but my opinion is the glass is half full, not half empty. This reminds of how the news headlines say "Bitcoin crashed 25%", when it was still up 1000% from a couple weeks prior.\n\nIf you do not believe in a project, do not buy it and get out. Stupid to own a project you do not believe in. If you have researched a project and you believe in it, buy and hold for some length of time. Ignore the price swings if nothing about the project has changed.\n\n Especially if those swings are directly related to the industry. If you had sold ARRR for BTC you would be down the same amount. If you are here for price action trading you are in the wrong coin. Much better projects with a much higher volume to swing trade. Pirate is a better project for investing in then timing price trades.', 'o325io']]], ['u/kbbqking', '$HUT model shows PT of 12.45 based on $RIOT / $MARA hash rate and marketcap', 40, '2021-06-19 00:49', 'https://www.reddit.com/r/hut8/comments/o32c73/hut_model_shows_pt_of_1245_based_on_riot_mara/', " Hi Guys,\n\nFor those of you who haven't seen, I made [this excel model](https://docs.google.com/spreadsheets/d/1fNQDoZrjwkT_Vmmc9aKmnSJV9FsrlFFM/edit#gid=1585989403) that live updates from google finance that currently shows a PT of $12.46 for $HUT. It compares HUTs relative hash rate to marketcap vs. that of RIOT and MARA.\n\nIt live updates as the share prices change, as they mine more BTC, and as BTC price changes.\n\nHasn't quite worked out for us yet afer the Nasdaq listing - I'm thinking it's either because Bitfury is still dumping their HUT shares (they don't care about the uplist, they just need cash for their own business plan) OR the market is valuing the future hash rate of RIOT/MARA very, very heavily. (Note - future hash rate is not layered into the model but I will consider adding it this weekend).\n\nLet's get this bread.", 'https://www.reddit.com/r/hut8/comments/o32c73/hut_model_shows_pt_of_1245_based_on_riot_mara/', 'o32c73', [['u/Marmot55', 10, '2021-06-19 02:11', 'https://www.reddit.com/r/hut8/comments/o32c73/hut_model_shows_pt_of_1245_based_on_riot_mara/h29qzek/', 'Even comparing maximum announced hash rates doesn’t make things add up. Back of the envelope: HUT is roughly 1/6 the market cap of MARA, as an example, and has roughly 1 EH/s hash rate. To be valuing these companies based on maximum future hash rate would put MARA at ~6 EH/s, which is at least 2-3x what they have announced. As an aside, I think valuing these companies based on what they think their future hash rate will be is asinine anyway. What’s to keep Joe’s Crypto Miners from tweeting “hey we’re getting 3 EH/s by Q4 2021!!” and suddenly being worth $4B? Sometimes it feels like this entire space of the market has lost its mind. I think this whole share price issue comes down to institutional investors. Bull thesis: HUT is being shorted because someone knows Blackrock, Vanguard, et al are on the way and want to accumulate at low prices before it rockets to RIOT/MARA territory. Bear case: HUT is the miner fairly valued based on revenue and earnings; Blackrock and Vanguard are continually buying RIOT/MARA shares, keeping their prices artificially high. Personally I believe in the former and hold ~10k shares myself. But ignoring the bear case is not prudent investing. This got a bit all over the place but I’ll post it anyway.\n\nEdit: I really like and appreciate the spreadsheet OP. Thanks! Sorry to go off a bit.', 'o32c73']]], ['u/Saboteurnado', 'Just chill. Time is on your side.', 53, '2021-06-19 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/', "Bitcoin and crypto as we know is only 12 years old. That is NOTHING in grand scheme of time, and about 1/6 of a lifespan. Mobile phones were invented in the 40's and only really took hold blew up in the late 70's to early 80's. Now almost everyone has one.\n\nThe world has become a place where everything is desired instantly, no one can see over the horizon, and there is barely a memory of things as they pass by.\n\nA lot of people have gotten into Crypto in only the last few months. That less than the blink of an eye on grand scale of time. Ask those who have been in since 12 years ago about how it worked out for them (though I doubt they even bother with Reddit since they are loaded AF). If they bought and held, and chilled the F out, I doubt you would hear a complaint.\n\nIf you are in Crypto for the long run, and looking for true growth value instead of a quick buck, you will win. FIAT is fading, most people in North America don't even carry cash. We are in a digital world, and block chain and crypto are the future to cut out the middleman. \n\nSit back, relax, close the candle charts, ignore the Twitterati and trust in a glorious future in the YEARS to come.\n\nTime in the market always beats timing the market. This is the way.", 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/', 'o32jyb', [['u/MinimumBuddy1844', 12, '2021-06-19 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/h29jgqz/', 'Yep, difference in the phone or anything else is you can’t see it losing/gaining money in real time, and that’s what freaks a lot of people out', 'o32jyb'], ['u/Danker0rb', 17, '2021-06-19 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/h29jvu9/', 'Time is always on your side!!! We forget that a year is a loooooooong fucking time and it’s hard to get out of the rat race mindset. But long term hodls are always worth it!', 'o32jyb']]], ['u/krisycoll', 'What can be considered bitcoin with or without KYC?', 67, '2021-06-19 01:33', 'https://www.reddit.com/r/BitcoinBeginners/comments/o33786/what_can_be_considered_bitcoin_with_or_without_kyc/', 'I buy bitcoin on an exchange with KYC and put it in my cold wallet. I understand that I must always consider that these bitcoins can be linked to me in case of need. Therefore, I have some bitcoins without KYC in another hardware wallet (they come from an ATM). I have a friend who acts in the same way (KYC and not-KYC wallet).\n\nIf when withdrawing to our wallets, instead of withdrawing from my account to my wallet, my friend sends me 0.2btc from his account in the exchange to my wallet and I do the same to him: can I consider those coins "KYC-Free" or should I keep them in the KYC wallet? Thanks!', 'https://www.reddit.com/r/BitcoinBeginners/comments/o33786/what_can_be_considered_bitcoin_with_or_without_kyc/', 'o33786', [['u/Brettanomyces78', 17, '2021-06-19 02:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/o33786/what_can_be_considered_bitcoin_with_or_without_kyc/h29qzp1/', "Those transactions can be tracked in the very same way, except now it's clear these two wallets (if the addresses can be known to be part of them) are someho... 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 0.77% on Saturday. Following a 5.85% slide on Friday, Bitcoin ended the day at $35,570.0. A mixed start to the day saw Bitcoin fall from an early high $36,316.0 to an early morning intraday low $34,819.0. Steering clear of the first major support level at $34,593, Bitcoin rose to a midday intraday high $36,447.0. Falling well short of the first major resistance level at $37,640, Bitcoin slipped back to $35,500 levels and into the red. The near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash SV and Crypto.com Coin rose by 3.58% and by 2.79% respectively to buck the trend on the day. It was a bearish day for the rest of the majors, however. Polkadot fell by 4.80% to lead the way down, with Chainlink and Ripple’s XRP (-X%) ending the day down by 4.40% and by 4.46% respectively. Cardano’s ADA (-2.27%), Ethereum (-3.14%), and Litecoin (-2.50%) also struggled. Binance Coin saw a more modest 0.97% loss. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,435bn. At the time of writing, the total market cap stood at $1,454bn. Bitcoin’s dominance rose to a Wednesday high 46.26% before falling to a Saturday low 45.05%. At the time of writing, Bitcoin’s dominance stood at 45.61%. This Morning At the time of writing, Bitcoin was down by 0.24% to $35,484.2. A mixed start to the day saw Bitcoin rise to an early morning high $35,736.0 before falling to a low $35,330.0. 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, Crypto.com Coin was down by 3.07% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to back move through the $35,612 pivot to bring the first major resistance level at $36,405 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $36,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $36,447.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major level sits at $37,240. Failure to move back through the $35,612 pivot would bring the first major support level at $34,777 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$34,000 levels. The second major support level sits at $33,984. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Continues to Test Resistance Gold Weekly Price Forecast – Gold Markets Get Hamered for the Week The Crypto Daily – Movers and Shakers – June 20th, 2021 E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 33004 Trigger for Accelerated Selling European Equities: A Week in Review – 18/06/21 U.S Mortgage Rates Fall Again ahead of the FOMC Projections', 'Bitcoin, BTC to USD, fell by 0.77% on Saturday. Following a 5.85% slide on Friday, Bitcoin ended the day at $35,570.0.\nA mixed start to the day saw Bitcoin fall from an early high $36,316.0 to an early morning intraday low $34,819.0.\nSteering clear of the first major support level at $34,593, Bitcoin rose to a midday intraday high $36,447.0.\nFalling well short of the first major resistance level at $37,640, Bitcoin slipped back to $35,500 levels and into the red.\nThe near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash SVandCrypto.com Coinrose by 3.58% and by 2.79% respectively to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nPolkadot fell by 4.80% to lead the way down, withChainlinkandRipple’s XRP(-X%) ending the day down by 4.40% and by 4.46% respectively.\nCardano’s ADA(-2.27%),Ethereum(-3.14%), andLitecoin(-2.50%) also struggled.\nBinance Coinsaw a more modest 0.97% loss.\nIn the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,435bn. At the time of writing, the total market cap stood at $1,454bn.\nBitcoin’s dominance rose to a Wednesday high 46.26% before falling to a Saturday low 45.05%. At the time of writing, Bitcoin’s dominance stood at 45.61%.\nAt the time of writing, Bitcoin was down by 0.24% to $35,484.2. A mixed start to the day saw Bitcoin rise to an early morning high $35,736.0 before falling to a low $35,330.0.\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, Crypto.com Coin was down by 3.07% to lead the way down.\nBitcoin would need to back move through the $35,612 pivot to bring the first major resistance level at $36,405 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $36,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $36,447.0 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major level sits at $37,240.\nFailure to move back through the $35,612 pivot would bring the first major support level at $34,777 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$34,000 levels. The second major support level sits at $33,984.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Weekly Price Forecast – Natural Gas Continues to Test Resistance\n• Gold Weekly Price Forecast – Gold Markets Get Hamered for the Week\n• The Crypto Daily – Movers and Shakers – June 20th, 2021\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 33004 Trigger for Accelerated Selling\n• European Equities: A Week in Review – 18/06/21\n• U.S Mortgage Rates Fall Again ahead of the FOMC Projections', 'A sell-off in the crypto market has continued into the weekend, with the world\'s two biggest tokens, bitcoin (BTC-USD) and ethereum (ETH-USD), both declining further as China\'s crackdown gathers pace.\nChina extended the clampdown on the bitcoin mining industry to its biggest bitcoin producing provinces, including the southwest province of Sichuan.\nOfficials in Sichuan ordered cryptocurrency mining projects to close in the major mining centre, putting more pressure on one of the world\'s most vital markets for trading and mining digital currencies.\nIt comes after,Chinese vice-premier Liu Hu promisedlast month that country would "severely crack down on illegal securities activities and severely punish illegal financial activities."\nBitcoin fell below the $35,000 (£25,341) mark on the news, crashing 7.9% to $33,596. Ethereum – the second biggest crypto by market cap – fell 9.2% to trade at $2,065. Meme token dogecoin (DOGE) dropped 12.5% to $0.26 during the session.\nThe total crypto market value decreased to $1.4tn in the last 24 hours, losing nearly 8%, according to data fromCoinMarketCap.\nThe environmental impact of cryptos has been a source of much concern lately and North American bitcoin miners are working to bring transparency to their energy consumption, through the Bitcoin Mining Council.\nTesla (TSLA) boss Elon Musk also sparked a sell-off after saying the electric carmaker wasabandoning plans to accept bitcoin as paymentdue toenvironmental concerns.\nRead more:Bitcoin and ethereum crash as China promises \'severe crackdown\'\nThe crypto world was knocked by several announcements in recent days as the reality of regulation spooked investors.\nLast week, Coinbase (COIN) cofounder Fred Ehrsam warned "most" cryptocurrencies and crypto-assets "won\'t work" and "90% of NFTs" will have "little to no value in three to five years".\nOn Wednesday, the US Federal Reserve said it could raise interest rates by late 2023 on Wednesday. Assets deemed to be risky, like certain stocks and crypto, have also been weighed down by lingering concerns that the Fed may wind down its bond-buying programme sooner than expected.\nOn Thursday, the World Bank also rejected a request from El Salvador to help with the implementation of bitcoin as a legal tender.\nThe bank said it could not assist El Salvador’s plans due to the environmental impact of bitcoin mining, and transparency drawbacks.\nWatch:What is bitcoin?\nMeanwhile, the UK’s Financial Conduct Authority (FCA) reiterated its warning that people “should be prepared to lose all their money” if they invest cryptocurrencies.\nThe regulator estimated that 2.3 million adults in Britain now hold crypto assets, up from 1.9 million last year, with increasing numbers of people seeing them as either a complement or alternative to mainstream investments.\nUK bank TSB is also looking to ban over five million customers from purchasing cryptos amid fears over "excessively high" fraud rates on trading platforms. "We take our obligation to protect customers extremely seriously and continually review merchants and websites with excessively high fraud rates," a TSB spokesperson said.\nTSB\'s move follows similar moves by other UK banks amid a crackdown on financial cyber crime. Earlier in May, Barclays (BARC.L) Monzo and Starling Bank temporarily banned cash transfers to crypto platforms such as Binance.\nRead more:Crypto retreats as bitcoin and ethereum lead mild sell-off\nThe decline comes after bitcoin reached $41,330 on 15 June, passing past a key $41,250 resistance area, however, it has been decreasing since. But, experts believe bitcoin\'s breakthrough last week could be **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: 2021-06-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $629,929,678,569 - Hash Rate: 104040763.72581212 - Transaction Count: 167249.0 - Unique Addresses: 441204.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates to U.S. open) * Equities lack trend as earnings roll in, bond yields creep up * Fed expected to stay course but outlook is improving * Apple, Facebook, Ford, earnings due * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh * By Matt Scuffham and Marc Jones NEW YORK/LONDON, April 28 (Reuters) - World shares cosied up close to record highs and the dollar and global bond yields nudged up on Wednesday, as traders waited to see if the U.S. Federal Reserve utters the dreaded 'T' word later - tapering of its mass stimulus programme. The broad expectation is that it won't want to unsettle markets for now, and with a packed day of corporate earnings, economic data and U.S. President Joe Biden's first address before a joint Congress session, there was plenty to navigate. MSCI's broadest index of world shares was sidestepping towards its best month of the year so far. The index, which tracks shares in 49 nations, rose 0.54 point, or 0.08 percent, to 706.08. The Dow Jones Industrial Average fell 113 points, or 0.33%, to 33,871.93, the S&P 500 gained 5.3 points, or 0.13%, to 4,192.02 and the Nasdaq Composite dropped 23.69 points, or 0.17%, to 14,066.53. The pan-European STOXX 600 index rose 0.11% The dollar was on course for its first unbroken two-day run of gains of the month - April is currently set to be its cruellest month since last July. Benchmark 10-year notes last fell 2/32 in price to yield 1.6289%, from 1.622% late on Tuesday. "The thing that we are going to watch most closely is if the Fed says anything along the lines of tapering of asset purchases," said Jim Caron, a senior portfolio manager at Morgan Stanley Investment Management. "As long that doesn't get mentioned, we are all good," he said, explaining that with the coronavirus pandemic still worsening in many parts of the world, investors would view any move towards tapering as premature. Story continues Most Fed watchers expect Chairman Jerome Powell to repeat the bank's recent message that its low interest rates and support programmes will remain in place for a long time yet. Biden will also address Congress and is likely to underscore his administration's plans for infrastructure and stimulus spending. These developments would normally be positive for stocks, but analysts say so much economic optimism is already priced into the equity market that it is difficult to budge equities from current levels. Otherwise, Europe's traders were waiting to hear from ECB President Christine Lagarde and other top policymakers. Economic data releases showed an unexpected drop in Germany’s GfK consumer confidence reading for May though an equivalent in France at least stayed steady for April. APPLE EYED U.S. earnings later include tech and internet giants Apple , Facebook and Qualcomm, as well as Ford . Facebook is expected to report a revenue rise due to online advertising demand during the COVID pandemic, while Apple is expected to post a more than 32% jump in revenue, driven by 5G phone demand. There was a mixed bag of earnings from Tesla, 3M , Microsoft, and Google-parent Alphabet on Tuesday. In the FX markets, the dollar index rose 0.144%, with the euro down 0.21% to $1.2065. As well as the rise in Treasury yields helping the dollar higher, break-even rates on 10-year Treasury Inflation-Protected Securities, a measure of expected annual inflation for the coming decade, rose to 2.41%, the highest since 2013. In the cryptocurrency market there was excitement as the European Investment Bank said it would sell a two-year digital bond worth 100 million euros ($120 million) on the ethereum blockchain network. Rival cryptocurrency Bitcoin fell 0.6%. In commodities, spot gold dropped 0.4% to $1,769.84 an ounce. U.S. gold futures fell 0.72% to $1,765.20 an ounce. ($1 = 0.8278 euros) (Editing by Kirsten Donovan and Steve Orlofsky)... - Reddit Posts (Sample): [['u/v1shmeluck', 'IF you tryna make some quick cash then ICP is not for you.', 25, '2021-06-20 00:29', 'https://www.reddit.com/r/ICPTrader/comments/o3rfz4/if_you_tryna_make_some_quick_cash_then_icp_is_not/', "I truly believe Definity is working on something that is not easily understood by a normal retail investor. Making them thinking it's a SCAM and shit. but the more I learn about it the more It makes me excited about the project. I was just checking out their [team](https://dfinity.org/foundation) on LinkedIn they got some Researchers with more than 20 years of experience in the industry. I myself studying MS in ECE and when I see people from IBM working for Difinity. That shows it is definitely something revolutionary. And from an investment perspective think long term. This technology is still in the early stages, it needs adoption by developers. It takes time. Some people don't even know what is bitcoin and how it works. They are just part of a hype bubble. Well, my point is clear this project is definitely is complex and Definity Foundation needs to work on their marketing, education material, and easier adoption strategies.\n\nAnyway, I want to say this community is still growing let's make it a great community, we are the ones who can make or break this community. Think of it as people who got a chance to become part of a bitcoin community back in 2013. It survived thru all the hate and FUD but now look at where is bitcoin.\n\nSending all of you some positive vibes.\n\n\\-v1sh\n\nDate: 6/19/2021\n\nMembers: 2.7K\n\n[In nutshell...](https://preview.redd.it/8rnv3gdnya671.png?width=1109&format=png&auto=webp&s=e939a19c81963277623a3d188f906f0effd20c24)\n\n​", 'https://www.reddit.com/r/ICPTrader/comments/o3rfz4/if_you_tryna_make_some_quick_cash_then_icp_is_not/', 'o3rfz4', [['u/smaul15', 10, '2021-06-20 01:57', 'https://www.reddit.com/r/ICPTrader/comments/o3rfz4/if_you_tryna_make_some_quick_cash_then_icp_is_not/h2djr97/', "Positive vibes to you too! I'm all for building a forward looking, hopeful, supportive community...let's do it!", 'o3rfz4']]], ['u/drecycle1996', 'When dear old dad shows you a shit coin....', 42, '2021-06-20 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/', 'I was just a lad when I first told my parents about bitcoin, young teenager anyway. About 18 years old when I first tried begging my dad to buy some, around then I started buying some smaller amounts, it was all I could do.\n\nNow a days my dad will joke about from time to time how much 10K worth of bitcoin (the time when I was 18 I spoke about, he walked in with a 10K check and I told him to buy btc with it but he didnt)... \n\nNever hear much from him about it, a few months ago he asked Bout it again when the hype was really heavy but I advised to DCA small or wait.\n\nThen today, I\'m just midning my own business and I hear from pops. He is asking about "trumpcoin" \n\nI\'m happy he wants to be a part of the fun, but I\'m disheartened that he found himself a shitcoin.', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/', 'o3rjzy', [['u/Johncjonesjr2', 10, '2021-06-20 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dc0u5/', 'Well I need me some trump coin because the trump followers are just going to pump that shit up and I want to capitalize', 'o3rjzy'], ['u/[deleted]', 15, '2021-06-20 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dciho/', 'The shitcoins are getting out of hand lol.', 'o3rjzy'], ['u/RealFilom', 23, '2021-06-20 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dd7tj/', 'Of all the coins available on the market He chose to go for trumpcoin. Your dad has a nose for shitcoins.', 'o3rjzy'], ['u/BlvckEconomiix', 12, '2021-06-20 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dfh96/', 'Ground him and take away his internet access.', 'o3rjzy'], ['u/M00OSE', 13, '2021-06-20 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2djg7h/', "“**TrumpCoin's Purpose.** The definition of a Patriot is loosely used in today's world. The TrumpCoin Patriot loves Freedom, God, Family and feels a sense of pride in contributing to society. They stand up against corruption, support integrity, preserve our individual rights in a free society and respect those flags around the world that represent freedom. We stand firm against leftist groups and intimidation. Patriots have sacrificed their time, energies, careers, families and their lives for the good of all people.”", 'o3rjzy']]], ['u/Vladn00ne', 'Solana', 65, '2021-06-20 00:54', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/', 'How come SOL is still doing great so far even bitcoin is slowly going down? Newbie here gathering some info for the reason behind.', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/', 'o3rwkw', [['u/Nicnak840', 51, '2021-06-20 00:55', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2ddbfp/', "It's because 1. SOLANA is staked so it's locked up and people can't sell easy. 2. Once you realize the potential of SOL you won't sell it. Just buy more.", 'o3rwkw'], ['u/humbleteague', 18, '2021-06-20 02:08', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2dkw15/', 'This happens with every popular crypto. It won’t go up forever. Just give it time and you will see that it’s not magical and has market cycles like everything else.', 'o3rwkw'], ['u/P_M_TITTIES', 12, '2021-06-20 02:59', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2dq2bz/', '-5% is great to you?', 'o3rwkw'], ['u/solomonroots', 10, '2021-06-20 08:20', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2ejcip/', 'It won’t go up for ever and it will have cycles yes, but… some top coins (like the top 10) basically do go up over time if you have a long time frame. \n\nSome lower cap Alts will go to zero but solana is fighting for a top ten spot off the value prop of fast txs and txs/ second and a big community of devs. So it does have the possibility of staying there. \n\nOutside of that, it’s just had big news lately. Investments, coinbase, hackathon etc.', 'o3rwkw'], ['u/SwissPrivateWanker', 19, '2021-06-20 10:18', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2eqx7t/', "Newly listed on coinbase and kraken\n\nKramer mad money advertised it\n\nHackathon gave it a huge amount of publicity\n\nStaking locks over 65% of it so doesn't allow you to sell easily (need to wait 2 days to sell, so no knee jerk selling reaction)\n\n$350m raised from big boys VC believing in the project\n\nFTX built on Solana, that exchange is becoming one of the top out there\n\nGood technology, people believe in it - it feels they are FINALLY figuring out that they needed PR to help develop. IMO they are still shit in that domain, but with time it will get there (ie: Kramer puff piece) \n\nIt will not rally until cryptos get another leg up, and this won't happen until the Nasdaq rallies - unfortunately with inflation gathering speed and the reality that it will likely not be transitory - all coins will suffer for the short to medium term. Could get some bounce up here and there but trend is not fantastic. I am staked because at 10% on solflare that's enough protection in my view. We could get another round of covid and thus some more QE and printing that would certainly help the coins here. Institutional adoption is starting slowly as well. Long term this is a good gamble. If you compare to some of the dog shit alt that are in the top here it clearly has a better value proposition. \n\nLet's see. I have today 70% of my coins in SOL 15% in a mix of Cardano, Polka, and BTC, the remainder is in ETH. SOL is better than Cardano, DOT I don't know enough but have a small stake in it. ETH if they get their 2.0 very soon could kill SOL on its way up. IMO", 'o3rwkw']]], ['u/a_sudden_heavy_rain', 'Okay, I am just making absolutely sure. If something happens to my physical cold wallet, and I still have the seed phrase, I can buy a new wallet and "recover" my Bitcoin? How? Please explain like I\'m 5.', 227, '2021-06-20 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/o3s5p4/okay_i_am_just_making_absolutely_sure_if/', 'I am very, very paranoid right now. \n\n\nMy cold wallet is sitting next to me in it\'s box that it came in. I haven\'t even initialized it yet. Apparently there\'s some software that I need to download onto my computer to get my Bitcoin from the Coinbase exchange and into my wallet. Why? What happens if they stop updating that software, etc. Why does my Bitcoin need to go "through" the app and then finally "into" my wallet? \n\n\nMore importantly is the title question. It doesn\'t make any sense. Like I legit feel so fucking stupid right now, lol. \n\n\nHow does the wallet "know" my seed phrase? Did the manufacturer put it on there? If so, doesn\'t the manufacturer have my seed phrase before I even load my Bitcoin onto my wallet, and thus my phrase is susceptible to hacks?', 'https://www.reddit.com/r/BitcoinBeginners/comments/o3s5p4/okay_i_am_just_making_absolutely_sure_if/', 'o3s5p4', [['u/CocoFor', 27, '2021-06-20 02:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/o3s5p4/okay_i_am_just_making_absolutely_sure_if/h2dmj0m/', "Your seed words are just an abstraction of a very big random number. A really simplified way to think about it is that they decode into hexadecimal so let's imagine that the word grape = 4df6e and apple = 2ad8a, and again with the rest of the words.\n\nThen those are turned into real numbers and some clever math happens somewhere in there that ends up giving you a long-ass number that no computer could guess. That's your ... 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 Karen Brettell NEW YORK (Reuters) - The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020. The dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates. The greenback dropped on Monday but held above where it traded before the Fed\'s statement on Wednesday. "There was a rush to clean out outstanding positions that were a little bit maybe too skewed towards dollar shorts," said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto. Now, "the market\'s trying to catch its breath a little bit before it really decides whether or not to extrapolate this trend towards a stronger dollar." The dollar had weakened on expectations that the Fed will hold rates near zero for years to come even as the economy rebounds from COVID-19 pandemic-related shutdowns. Two regional Federal Reserve officials said on Monday that a faster withdrawal from the central bank\'s bond purchase program could give it more leeway in deciding when to raise interest rates. New York Fed President John Williams also said that more progress is needed before the Fed should begin to scale back some of its economic support. Comments by Fed Chair Jerome Powell will be in focus on Tuesday to see if he confirms the hawkish outlook or tries to row back market expectations of faster tightening. Powell said last week there had been initial discussions about when to pull back on the Fed\'s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal. The dollar index against a basket of currencies fell 0.44% on the day to 91.849. The euro gained 0.41% to $1.1917 and the greenback gained 0.03% to 110.29 Japanese yen. Story continues The British pound gained 1.03% to $1.3933. Some analysts say the recent market moves have been exaggerated by investors unwinding crowded trades, and that the dollar still faces weakening pressures as the global economy recovers. "The core thesis underpinning our USD weakness view has not changed drastically," Wells Fargo analysts said on Monday in a report. "For one, the global economic recovery is still gathering pace and broadening in scope. Moreover, while the Fed\'s dots sent a hawkish signal, Chair Powell continued to talk down the risks of a near-term taper. In any case the Fed still looks likely to lag many of its G10 peers in reducing accommodation," they said. Producer price inflation data on Friday will also be in focus for any signals that price pressures may stay higher for longer, which could prompt sooner-than-expected Fed tightening. "If inflation data comes in a little bit firmer than expected, or is a little bit stickier than expected, then that could portend to more aggressive timelines for the Fed to remove accommodation," Rai said. In cryptocurrencies, bitcoin\'s poor recent run continued with a 8.89% drop to $32,390, as China expanded restrictions on mining to the province of Sichuan. Cryptomining in China accounts for more than half of global bitcoin production. (Reporting by Karen Brettell; editing by Jonathan Oatis and Will Dunham)', 'By Karen Brettell\nNEW YORK (Reuters) - The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020.\nThe dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates.\nThe greenback dropped on Monday but held above where it traded before the Fed\'s statement on Wednesday.\n"There was a rush to clean out outstanding positions that were a little bit maybe too skewed towards dollar shorts," said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto. Now, "the market\'s trying to catch its breath a little bit before it really decides whether or not to extrapolate this trend towards a stronger dollar."\nThe dollar had weakened on expectations that the Fed will hold rates near zero for years to come even as the economy rebounds from COVID-19 pandemic-related shutdowns.\nTwo regional Federal Reserve officials said on Monday that a faster withdrawal from the central bank\'s bond purchase program could give it more leeway in deciding when to raise interest rates.\nNew York Fed President John Williams also said that more progress is needed before the Fed should begin to scale back some of its economic support.\nComments by Fed Chair Jerome Powell will be in focus on Tuesday to see if he confirms the hawkish outlook or tries to row back market expectations of faster tightening.\nPowell said last week there had been initial discussions about when to pull back on the Fed\'s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal.\nThe dollar index against a basket of currencies fell 0.44% on the day to 91.849. The euro gained 0.41% to $1.1917 and the greenback gained 0.03% to 110.29 Japanese yen.\nThe British pound gained 1.03% to $1.3933.\nSome analysts say the recent market moves have been exaggerated by investors unwinding crowded trades, and that the dollar still faces weakening pressures as the global economy recovers.\n"The core thesis underpinning our USD weakness view has not changed drastically," Wells Fargo analysts said on Monday in a report.\n"For one, the global economic recovery is still gathering pace and broadening in scope. Moreover, while the Fed\'s dots sent a hawkish signal, Chair Powell continued to talk down the risks of a near-term taper. In any case the Fed still looks likely to lag many of its G10 peers in reducing accommodation," they said.\nProducer price inflation data on Friday will also be in focus for any signals that price pressures may stay higher for longer, which could prompt sooner-than-expected Fed tightening.\n"If inflation data comes in a little bit firmer than expected, or is a little bit stickier than expected, then that could portend to more aggressive timelines for the Fed to remove accommodation," Rai said.\nIn cryptocurrencies, bitcoin\'s poor recent run continued with a 8.89% drop to $32,390, as China expanded restrictions on mining to the province of Sichuan.\nCryptomining in China accounts for more than half of global bitcoin production.\n(Reporting by Karen Brettell; editing by Jonathan Oatis and Will Dunham)', 'By Karen Brettell\nNEW YORK (Reuters) - The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020.\nThe dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates.\nThe greenback dropped on Monday but held above where it traded before the Fed\'s statement on Wednesday.\n"There was a rush to clean out outstanding positions that were a little bit maybe too skewed towards dollar shorts," said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto. Now, "the market\'s trying to catch its breath a little bit before it really decides whether or not to extrapolate this trend towards a stronger dollar."\nThe dollar had weakened on expectations that the Fed will hold rates near zero for years to come even as the economy rebounds from COVID-19 pandemic-related shutdowns.\nTwo regional Federal Reserve officials said on Monday that a faster withdrawal from the central bank\'s bond purchase program could give it more leeway in deciding when to raise interest rates.\nNew York Fed President John Williams also said that more progress is needed before the Fed should begin to scale back some of its economic support.\nComments by Fed Chair Jerome Powell will be in focus on Tuesday to see if he confirms the hawkish outlook or tries to row back market expectations of faster tightening.\nPowell said last week there had been initial discussions about when to pull back on the Fed\'s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal.\nThe dollar index against a basket of currencies fell 0.44% on the day to 91.849. The euro gained 0.41% to $1.1917 and the greenback gained 0.03% to 110.29 Japanese yen.\nThe British pound gained 1.03% to $1.3933.\nSome analysts say the recent market moves have been exaggerated by investors unwinding crowded trades, and that the dollar still faces weakening pressures as the global economy recovers.\n"The core thesis underpinning our USD weakness view has not changed drastically," Wells Fargo analysts said on Monday in a report.\n"For one, the global economic recovery is still gathering pace and broadening in scope. Moreover, while the Fed\'s dots sent a hawkish signal, Chair Powell continued to talk down the risks of a near-term taper. In any case the Fed still looks likely to lag many of its G10 peers in reducing accommodation," they said.\nProducer price inflation data on Friday will also be in focus for any signals that price pressures may stay higher for longer, which could prompt sooner-than-expected Fed tightening.\n"If inflation data comes in a little bit firmer than expected, or is a little bit stickier than expected, then **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: 2021-06-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,626,570,600 - Hash Rate: 104040763.72581212 - Transaction Count: 205050.0 - Unique Addresses: 549345.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Automated crypto trading app Coinseed announced Tuesday it will cease operations because of a lawsuit from New York Attorney General Letitia James. The lawsuit , which was originally filed in February, accused Coinseed of swindling its users of $1 million through an unregistered initial coin offering (ICO) in 2018. The suit also accused Coinseed of charging customers hidden fees and making false claims. James’ lawsuit also alleged Coinseed, which does not have a BitLicense or federal clearance, of operating as an unregistered commodities broker-dealer. The closure comes as federal and state regulators target crypto firms that are allegedly operating in bad faith. Late last month, U.S. officials hit five promoters of Bitconnect with securities fraud charges . Related: El Salvador Residents Are Split on Bitcoin Adoption Bill In May, James filed a court motion to shut down Coinseed’s operations and freeze its trading activity. New York State Supreme Court Judge Andrew Borrok appointed Washington, D.C.-based attorney Michelle Gitlitz as the company’s receiver. On Monday, James received a court order to shut down Coinseed. “When platforms operating illegally in New York seek to trade on investors’ money, we will use every tool at our disposal to stop their unlawful actions,” James said in a statement released Monday. “This order appoints a court-appointed receiver before any other investments are squandered by Coinseed and its CEO.” Coinseed strikes back Coinseed CEO Delgerdalai Davaasambuu responded with a lengthy statement posted on Coinseed’s website , calling the shutdown “immensely mournful and frustrating.” Davaasambuu denied the claims made in James’ lawsuit, saying the company’s only mistake was “simply living in New York.” Related: Basel Committee Says It Will Study Crypto-Asset Rules Davaasambuu also wrote that the company has not received any complaints from its users, despite James’ claim that the New York state attorney general’s office had received more than 170 complaints since it filed the suit in February. Several complaints alleged that users’ crypto balances were converted to dogecoin without their consent, including one user who said his $48,000 position in various cryptocurrencies became $31,000 in DOGE overnight. Story continues In a postscript at the end of his statement, Davaasambuu appeared to address these allegations, writing: “As for the Dogecoin, I’m good at trolling!” In his statement, Davaasambuu said Coinseed doesn’t have the financial resources to fight the charges and is interviewing law firms to figure out how to return users’ funds. Davaasambuu also encouraged users and supporters to “please annoy the NYAG as much as you can.” After news of the shutdown, the Coinseed landing page features a countdown for the drop of a free token called FLJ (“F***LetitaJames”), which the website says will soon be listed on various decentralized finance platforms. Related Stories Texas Governor Signs Law Creating Legal Framework for Crypto Investments New York Judge May Require Embattled Trading App Coinseed to Halt Operations... - Reddit Posts (Sample): [['u/i_have_chosen_a_name', 'Does anybody know why together with hashrate going down on BTC (cause Chinese mining farms are being shut down) the tx are going down as well? Have lots of BTC tx been faked?', 23, '2021-06-21 00:13', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/', 'When hashrate goes down this fast, it should not cause tx to go down and the mempool should start filling up.\n\nBut as the hashrate is going down, so is the number of tx that gets dropped in to the mempool. In fact the mempool just recently got cleared.\n\nWhy is there this correlation?', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/', 'o4gfk1', [['u/ShadowOfHarbringer', 18, '2021-06-21 00:16', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2h3d7s/', 'The TX are usually going down \n\n- During holidays (people busy with other stuff)\n\n- During bear markets (people speculating less)\n\n- On weekends & especially sundays \n\nAll of these things are happening together, so that could explain it.', 'o4gfk1'], ['u/BitcoinCashRules', 22, '2021-06-21 00:20', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2h3v06/', 'You’re suggesting Chinese miners were putting their own fake transaction in their own blocks so that real people had to pay them $20 bucks for the few remaining spaces? All naively broadcasted under the misnomer “this is normal” by the core maxis? That would be epic if true. So many implications 😂 we’ll have to wait and see.', 'o4gfk1'], ['u/BitcoinCashRules', 16, '2021-06-21 00:29', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2h4sme/', 'I mean who the fuck actually uses BTC? I don’t know anyone who uses that shit ever lol. So makes sense all the activity was fake anyway, just like its price is fake due to Tether.', 'o4gfk1'], ['u/Alpra_Creem', 12, '2021-06-21 05:44', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2i2dx5/', '> You’re suggesting Chinese miners were putting their own fake transaction in their own blocks so that real people had to pay them $20 bucks for the few remaining spaces?\n\nThere was a study posted on r/buttcoin within in the last month that claimed just that.', 'o4gfk1']]], ['u/CryptoLyrics', 'The Ferengi Rules of Acquisition applied to crypto', 112, '2021-06-21 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/', "For those who never watched Star Trek, the [Ferengi Rules of Acquisition](https://memory-beta.fandom.com/wiki/Ferengi_Rules_of_Acquisition) are 285 sets of economic precepts that dictate the entire culture of Ferengi life. Many of them can be applied to cryptocurrency. Here are some examples:\n\n​\n\n>Rule #2: The best deal is the one that brings the most profit\n\nThis seems pretty self-explanatory. Invest in the coins that will bring you the most return.\n\n​\n\n>Rule #3: Never spend more for an acquisition than you have to\n\nDifferent exchanges have different costs. Choose the one that offers the lowest fees.\n\n​\n\n>Rule #10: Greed is eternal \n> \n>Rule #43: Feed your greed, but not enough to choke it\n\nOnly invest what you can afford to lose.\n\n​\n\n>Rule #16: A deal is a deal.....until a better one comes along\n\nDon't get too attached to one particular project if a better opportunity comes along.\n\n​\n\n>Rule #19: Satisfaction is not guaranteed \n> \n>Rule #68: Risk doesn't always equal reward \n> \n>Rule #236: You can't buy fate\n\nCrypto is super volatile and ain't nothing guaranteed but the grave. Know the risks involved.\n\n​\n\n>Rule #37: The early investor reaps the most interest \n> \n>Rule #62: The riskier the road, the greater the profit\n\nBeing an early investor is the most risky, but usually offers the biggest reward.\n\n​\n\n>Rule #59: Free advice is seldom cheap \n> \n>Rule #218: Sometimes what you get free costs entirely too much\n\nBe wary of other's advice on how to invest. Always do your own research.\n\n​\n\n>Rule #8: Small print leads to large risk \n> \n>Rule #74: Knowledge equals profit \n> \n>Rule #217: Always know what you're buying \n> \n>Rule #272: Always inspect the merchandise before making a deal\n\nStudy up on what you are buying and how it works, read the whitepaper, etc. Knowing the finer details of how a particular token functions is vital to managing your investment risks.\n\n​\n\n>Rule #75: Home is where the heart is.....but the stars are made of latinum\n\nThere is usually very little profit to be made in one's own comfort zone. Don't be afraid to venture out in search of greater rewards.\n\n​\n\n>Rule #89: Ask not what you profits can do for you, but what you can do for your profits\n\nDon't just expect to throw money at something and get rich. You gotta study the market, read charts, do the work, etc.\n\n​\n\n>Rule #92: There are many paths to profit\n\nJust as there are many different coins to buy.\n\n​\n\n>Rule #99: Trust is the biggest liability of all\n\nUse reputable exchanges and other services. Beware of scammers. Don't fall for social engineering tricks.\n\n​\n\n>Rule #101: Profit trumps emotion\n\nMarkets may be controlled by emotion, but you can't buy a cup of coffee with your feelings.\n\n​\n\n>Rule #162: Even in the worst of times someone turns a profit\n\nBull market, bear market, doesn't matter. Money can always be made if you play your cards right.\n\n​\n\n>Rule #190: Hear all, trust nothing \n> \n>Rule #212: A good lie is easier to believe than the truth\n\nBe open to every opinion, but also be skeptical.\n\n​\n\n>Rule #200: A Ferengi chooses no side but his own\n\nDon't get caught up in coin tribalism. Whether Bitcoin, Dogecoin, or even Safemoons, all that matters is whether or not it makes gains for you.\n\n​\n\n>Rule #240: Time, like latinum, is a highly limited commodity\n\nTime in the market > timing the market\n\n​\n\n>Rule #248: The definition of insanity is trying the same failed scheme & expecting different results\n\nDon't keep sinking money into something that never turns a profit.\n\n​\n\n>Rule #263: Never allow doubt to tarnish your lust for latinum\n\nAKA scared money don't make money.", 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/', 'o4h6tr', [['u/MinimumBuddy1844', 16, '2021-06-21 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h7l8d/', 'Star Trek really was many light years ahead of us', 'o4h6tr'], ['u/retrobust', 18, '2021-06-21 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h83ze/', 'Was not expecting a DS9-Crypto crossover but I love it!', 'o4h6tr'], ['u/WarrenPuff_It', 11, '2021-06-21 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h8ykc/', 'I recently rewatched DSP for the first time after decades, it\'s so 90s. There is one episode where they ran a diagnostic scan on an alien probe which inflected their system with a virus, so their solution was to just "re-upload" the virus back into the probe. It really has a 90s hacker vibe to all the tech in that universe.\n\nDax is all like "if we got the virus by downloading it, then all we have to do is re-upload the virus back into the probe" and O\'Brien is all like "should work perfectly" and then the episode ends.', 'o4h6tr'], ['u/co_fragment', 15, '2021-06-21 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h99s2/', 'OP has the lobes for profit', 'o4h6tr']]], ['u/Lyggo', 'Bitcoin noob.', 157, '2021-06-21 01:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/', "Hi guys!\n\nI'm from El Salvador, and as of today's date there hasn't been any information released educating the population regarding Bitcoin however since it has become a legal tender here, I would like to understand how it works.\n\nBeen reading l this r/ but i really don't understand anything, wallets, Lighting network is like is in a language I really don't understand.\n\nCan you guys point me where I could get information regarding all of these but that it is explained like you were explaining it to a 4 yo.\n\nWhat would be the best app to use and all of that?", 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/', 'o4i80o', [['u/branchfoundation', 23, '2021-06-21 02:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/h2hjewl/', 'I always recommend [this video by 3Blue1Brown](https://youtu.be/bBC-nXj3Ng4) to friends who want to learn about Bitcoin. It doesn’t explain the lightning network but you should get comfortable with the basics first.\n\nAs for wallets, you’ll soon come to understand that they’re inappropriately named for the task they perform. A wallet doesn’t actually store your Bitcoin, rather it holds the keys that you use to access the Bitcoin that you own. Bitcoins only exist on the ledger, and wallets simply grant a user access to their investment. That also explains why you’ll often hear the phrase: “Not your keys, not your coins.”\n\nHappy to answer any questions, and best of luck to the Salvadorans on this new adventure!', 'o4i80o'], ['u/Quentin__Tarantulino', 18, '2021-06-21 07:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/h2i9csq/', 'A wallet is more 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:** ['* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, June 22 (Reuters) - The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank\'s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, but dipped on Monday to hand back a little bit of that rise. Against the euro, the dollar nursed an overnight loss of about 0.4% to steady around $1.1909. It held at 110.31 yen, and the dollar index was steady at 91.915 after a loss of about 0.5% on Monday. The Australian and New Zealand dollars eased - after snapping losing streaks on Monday - with the Aussie down 0.2% to $0.7527 and the kiwi down 0.15% to $0.6978. "We\'ve had a meaningful shift (at the Fed) from a longtime dovish stance to now a slightly hawkish one," said Westpac currency analyst Imre Speizer. "We\'ve had a bit of a positioning cleanout - the whole world was mega short the U.S. dollar, and that\'s in good part probably been cleaned out already - and now we take a wee breath before the next move up," he said. Over the next few weeks the Aussie dollar could drop to around 74 cents and the kiwi to around 68 cents, he said, before they both might recover as the U.S. dollar charts a "raggedy" rise on the back of a strong U.S. pandemic recovery. In the medium term, investors will be keenly focused on the U.S. labour market as its performance is likely to have an influence on the Fed\'s attitude. In the nearer future, all eyes are on Powell who appears before Congress from 1800 GMT. In prepared remarks he noted sustained labour market improvement and the recent increase in inflation. On Monday hawkish Fed officials such as St. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan offered toned-down rhetoric. New York Fed President John Williams said it was too soon to shift policy, and that he expects inflation to ease from about 3% this year to close to 2% in 2022 and 2023 - which is something markets are not so sure about. "The Fed is nearly always late on such things," said RBC Capital Markets\' chief economist Tom Porcelli, who thinks core inflation could be higher - just under 3% - by the end of 2022. "That is not 2% inflation," he said in a note, and it is going to eventually apply pressure to the Fed to move on rates. "In the meantime, we have no doubt with that 2% forecast as cover, Powell will attempt to play down the likelihood of a rate hike next year. But just as he eventually relented on taper talk, he will relent on dismissing talk about hiking rates too. Just give it more time." Elsewhere on Tuesday sterling steadied at $1.3917, holding on to its overnight bounce as investors look forward to the British economy reopening further on July 19. Bitcoin and other cryptocurrencies had slumped on Monday as a tightening crackdown on trading and mining in China, as well as technical factors, whacked the asset class. Bitcoin lost more than 11% on Monday and rival ether fell more than 15% as both suffered their sharpest selloff in about a month. On Tuesday they held above May lows, with bitcoin at $31,535, but the mood did not improve. "The tides of FONGO (Fear of Not Getting Out) are creeping in," said Chris Weston, head of research at broker Pepperstone. "Bitcoin is also at a make or break point," he said, as it tests May\'s trough near $30,000. "Ethereum looks plain ugly and if crypto is an emotive asset, then one would have to be the staunchest of HODLers to be holding this and not look for some sort of hedge," he added, using cryto-market slang for bullish investors. ======================================================== Currency bid prices at 049 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.1906 $1.1918 -0.09% -2.55% +1.1920 +1.1907 Dollar/Yen 110.2100 110.3500 +0.00% +6.84% +110.3950 +0.0000 Euro/Yen Dollar/Swiss 0.9190 0.9178 +0.12% +3.87% +0.9191 +0.9178 Sterling/Dollar 1.3909 1.3934 -0.17% +1.82% +1.3937 +1.3910 Dollar/Canadian 1.2380 1.2362 +0.15% -2.78% +1.2380 +1.2360 Aussie/Dollar 0.7522 0.7542 -0.27% -2.22% +0.7545 +0.7522 NZ 0.6976 0.6992 -0.21% -2.84% +0.6994 +0.6977 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; editing by Richard Pullin)', '* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, June 22 (Reuters) - The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank\'s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, but dipped on Monday to hand back a little bit of that rise. Against the euro, the dollar nursed an overnight loss of about 0.4% to steady around $1.1909. It held at 110.31 yen, and the dollar index was steady at 91.915 after a loss of about 0.5% on Monday. The Australian and New Zealand dollars eased - after snapping losing streaks on Monday - with the Aussie down 0.2% to $0.7527 and the kiwi down 0.15% to $0.6978. "We\'ve had a meaningful shift (at the Fed) from a longtime dovish stance to now a slightly hawkish one," said Westpac currency analyst Imre Speizer. "We\'ve had a bit of a positioning cleanout - the whole world was mega short the U.S. dollar, and that\'s in good part probably been cleaned out already - and now we take a wee breath before the next move up," he said. Over the next few weeks the Aussie dollar could drop to around 74 cents and the kiwi to around 68 cents, he said, before they both might recover as the U.S. dollar charts a "raggedy" rise on the back of a strong U.S. pandemic recovery. In the medium term, investors will be keenly focused on the U.S. labour market as its performance is likely to have an influence on the Fed\'s attitude. In the nearer future, all eyes are on Powell who appears before Congress from 1800 GMT. In prepared remarks he noted sustained labour market improvement and the recent increase in inflation. On Monday hawkish Fed officials such as St. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan offered toned-down rhetoric. New York Fed President John Williams said it was too soon to shift policy, and that he expects inflation to ease from about 3% this year to close to 2% in 2022 and 2023 - which is something markets are not so sure about. "The Fed is nearly always late on such things," said RBC Capital Markets\' chief economist Tom Porcelli, who thinks core inflation could be higher - just under 3% - by the end of 2022. "That is not 2% inflation," he said in a note, and it is going to eventually apply pressure to the Fed to move on rates. "In the meantime, we have no doubt with that 2% forecast as cover, Powell will attempt to play down the likelihood of a rate hike next year. But just as he eventually relented on taper talk, he will relent on dismissing talk about hiking rates too. Just give it more time." Elsewhere on Tuesday sterling steadied at $1.3917, holding on to its overnight bounce as investors look forward to the British economy reopening further on July 19. Bitcoin and other cryptocurrencies had slumped on Monday as a tightening crackdown on trading and mining in China, as well as technical factors, whacked the asset class. Bitcoin lost more than 11% on Monday and rival ether fell more than 15% as both suffered their sharpest selloff in about a month. On Tuesday they held above May lows, with bitcoin at $31,535, but the mood did not improve. "The tides of FONGO (Fear of Not Getting Out) are creeping in," said Chris Weston, head of research at broker Pepperstone. "Bitcoin is also at a make or break point," he said, as it tests May\'s trough near $30,000. "Ethereum looks plain ugly and if crypto is an emotive asset, then one would have to be the staunchest of HODLers to be holding this and not look for some sort of hedge," he added, using cryto-market slang for bullish investors. ======================================================== Currency bid prices at 049 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.1906 $1.1918 -0.09% -2.55% +1.1920 +1.1907 Dollar/Yen 110.2100 110.3500 +0.00% +6.84% +110.3950 +0.0000 Euro/Yen Dollar/Swiss 0.9190 0.9178 +0.12% +3.87% +0.9191 +0.9178 Sterling/Dollar 1.3909 1.3934 -0.17% +1.82% +1.3937 +1.3910 Dollar/Canadian 1.2380 1.2362 +0.15% -2.78% +1.2380 +1.2360 Aussie/Dollar 0.7522 0.7542 -0.27% -2.22% +0.7545 +0.7522 NZ 0.6976 0.6992 -0.21% -2.84% +0.6994 +0.6977 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; editing by Richard Pullin)', 'By Karen Brettell NEW YORK (Reuters) - The U.S. dollar held at lower levels on Tuesday after Federal Reserve Chair Jerome Powell reaffirmed the U.S. central bank\'s intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation. "We will not raise interest rates pre-emptively because we fear the possible onset of inflation. We will wait for evidence of actual inflation or other imbalances," Powell said in a hearing before a U.S. House of Representatives panel. The dollar had surged after the Fed on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the Fed will let inflation run at higher levels for a longer time before hiking rates. “I didn’t think he elaborated any further on the timeline. He certainly didn\'t make it more urgent either,” said Lou Brien, a market strategist at DRW Trading in Chicago. The dollar i **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: 2021-06-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,848,072,169 - Hash Rate: 90168661.89570382 - Transaction Count: 196523.0 - Unique Addresses: 550948.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • UK iPhone users could win £3bn in Google privacy lawsuit • Kano gets another $15m and Future Fund backing for DIY computers • Opinion: Arm faces an uncertain future if $40bn Nvidia sale is blocked • Darktrace accused of Autonomy-like aggressive sales tactics • Sign up here for our daily technology newsletter Bitcoin has rallied to above $53,000 today with investors taking of its low price to pile back in. The cryptocurrency rose as much as 12pc this afternoon in its biggest intraday gain since early February. The move comes as JPMorgan Chase & Co. is preparing to introduce an actively managed Bitcoin fund to some clients as soon as this summer, Coindesk reported, citing unidentified people familiar with the matter. The rebound reverses a two-week slump that had pushed Bitcoin below its 100-day moving average amid technical warnings from Wall Street and fears of a growing crypto bubble. Elsewhere, Spotify's boss is preparing for an Arsenal takeover bid and India's removal of tweets critical of Covid-19 response deemed "dangerous". It's been a pleasure, have a lovely evening! Billionaire Microsoft founder Bill Gates has claimed that the world will be "completely back to normal" by the end of 2022 thanks to Covid-19 vaccine supplies. Speaking to Sky News on Sunday, Mr Gates said that the speedy rollout of vaccines in the US and the UK would free up jabs to be shared with less wealthy countries. He added that he did not expect the virus to have vanished by next year, but that cases would be in the "very small numbers". Roku, one of the largest TV streaming services for smart TVs has accused Google of unfair demands for preferential treatment for its YouTube TV service. Roku on Monday notified its users via email that Google had threatened to remove YouTube TV from the service. It is the latest allegation of anti-competitive practises levied at Google, which was sued by the Daily Mail owner last week over its search engine. Although Roku provides YouTube TV to its customers, it also competes with Google for smart TV dongles, operating systems and TV shows. A Roku spokesman told Axios: "Google is attempting to use its YouTube monopoly position to force Roku into accepting predatory, anti-competitive and discriminatory terms that will directly harm Roku and our users. "Roku is not asking Google for a single additional dollar in value. We simply cannot agree to terms that would manipulate consumer search results, inflate the cost of our products and violate established industry data practices." A world without enough food is just around the corner and can only be averted if humans forget their qualms about eating genetically-modified crops. That’s according to Federico Trucco, the chief executive officer of Bioceres Crop Solutions Corp., a company that’s literally trying to put bread on the table with the controversial technology. Bioceres is trying to succeed where no other company has before by selling genetically-modified wheat. While the vast majority of the world’s soybean and corn crops are already GMOs, these are fed to livestock. Biotech wheat, on the other hand, would be directly eaten by humans in bread and pasta, something consumers and regulators have roundly rejected in the past. Currently, only Argentina, where Bioceres is based, has ever approved a GM wheat. Trucco’s Malthusian warning about future food shortages comes as world leaders meet to recommit to emissions goals at time when climate change is decimating harvests, and a surge in food prices is forcing more people to go hungry. “It’s going to get to a point when it becomes exponential and all of a sudden we need to change things yesterday,” Trucco said in an interview. “And I feel that’s coming up fairly soon. We’re not talking beyond five years.” Bitcoin jumped as much as 12pc on Monday to over $53,000 and was on course to snap five straight days of losses, though the cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month. Some pinned Monday’s move on a tweet Saturday from billionaire Elon Musk, who in the past has affected prices with his comments on the social platform. In a potential reference to cryptocurrencies, the Tesla founder asked “What does the future hodl?”, using a term often seen as meaning “hold on for dear life” that supporters use to refer to buying and holding their digital assets. “There is always a sharp movement when Tesla’s CEO talks about Bitcoin on Twitter ahead of quarterly earnings,” said Laurent Kssis, global head of exchange-traded products at crypto firm 21Shares AG. “As the U.S. wakes up, we could see further appreciation leading to $54,000-$54,500.” Cryptocurrencies fell sharply on Friday on concern that U.S. President Joe Biden's plan to raise capital gains taxes would curb investments in digital assets, though they later recovered some of their losses. Bitcoin has lost over 19pc from its April 14 record of almost $65,000. Still, the cryptocurrency has risen over 80pc this year, fuelled by growing adoption from mainstream investors and companies such as Tesla. Ministers have launched a £1bn auction for thousands of miles of phone lines running alongside Britain’s railways, in a move they hope will improve train services while boosting broadband speeds for millions of homes. Private sector bidders will have the chance to upgrade 10,000 miles of cables, while also building 250 new mobile phone masts close to train lines. The investment could help the Government meet itscommitments to drastically improve rural broadbandand eradicate so-called 5G “notspots”. It could also help with connectivity for passengers, if train companies improve their technology on board. The phone lines are also used for signalling on the railway. Many of the lines are decades old and made of copper; upgrading them to full-fibre lines is expected toimprove the networkby leading to fewer signal failures. Read Ollie Gill'snews story here Apple has unveiled plans to invest more than $1 billion in North Carolina to build the company's first East Coast campus, a move expected to bring at least 3,000 new jobs to the state. The North Carolina project falls under a commitment to invest $430 billion and add a total of 20,000 new jobs over the next five years, expanding teams in states including Colorado, Massachusetts, Texas, Washington, New York, California. The campus and engineering hub is set to be located in the Raleigh-Durham area's Research Triangle Park alongside hundreds of other science and technology firms. The hub will be home to thousands of additional jobs in machine learning, artificial intelligence, software engineering and other fields, the company said. The exact timeline for the project was not immediately given. Apple also said it plans to establish a $100 million fund to support schools and community initiatives and contribute more than $110 million in infrastructure spending to go toward broadband, roads, bridges and public schools across the state. Nicolas Kurona has bought Google.com.ar for just £2, according to a report in theBBC. Mr Kurona achieved the surprising feat last week after checking theNetwork Information Center Argentina (NIC) when Google was down. The NIC, which is responsible for operating the .ar country code domains, listed Argentina's Google domain as available to buy. "When the purchase process was completed and my data appeared, I knew that something was going to happen... I was really anxious," he told the BBC. It remains unclear why Google's domain name was released, however the tech giant now says it has regained control of the domain. The removal of dozens of tweets seen to be critical of the Indian government's handling of the coronavirus pandemic is putting people's health at risk and quashing dissent, lawmakers and human rights activists said on Monday. Twitter withheld some tweets after a legal request by the Indian government, a company spokeswoman told Reuters on Saturday. These included tweets from a lawmaker, a minister in the state of West Bengal, and a filmmaker. "Suppression of information and criticism of government is not only dangerous for India but it is putting people around the world at risk," said Mirza Saaib Beg, a lawyer whose tweets were among those withheld. "Freedom of inquiry is an intrinsic part of freedom of speech and expression. These restrictions are further reflective of the weakening of all institutional spaces in India," said Beg, who is studying at Britain's University of Oxford. India's ministry for information technology did not respond to a request for comment. It comes as the country's new coronavirus infections hit a record peak for a fifth day on Monday, rising to about 353,000 cases. Read our dispatchhere. More than four million iPhone users could be in line for £750 each in compensation from Google as the company this week defends itself against a class action claim over data tracking in the Supreme Court. The tech giant will fight claims, potentially worth £3bn in total, that it "illegally" collected personal data from British iPhone users who used the Safari browser between 2011 to 2012. Richard Lloyd, a former director at Which?, launched the mass legal action in 2018. The case was later thrown out after the judge ruled the defendants had not been able to prove the basis for their compensation claim against Google. However, in 2019, three Court of Appeal judges overturned the earlier ruling. Read morehere. Regulators have today launched an anti-trust probe into Meituan, one of China's biggest food delivery firms, as Beijing clips the wings of its soaring tech companies. The probe was prompted by reports that Meituan allegedly engaged in forced exclusivity agreements with vendors, the State Administration for Market Regulation said in a statement. Those were among its "suspected monopolistic behaviours", the regulator said. E-commerce titan Alibaba was hit by a record 18.2 billion yuan ($2.78 billion) fine this month after fac... - Reddit Posts (Sample): [['u/tfren99', 'Market got you down? Here are some facts to cheer you up', 142, '2021-06-22 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/', 'Whether you think this the start of the bear or a blip in the bull, seeing the market in the red for so long can definitely be intimidating for newbies like myself, and even more so for those who bought in at the most recent ATH. \n\nHere are some facts to put things in perspective and stoke the (long term) bullish sentiment:\n\n* 6 months ago BTC was at **\\~$23k**. ETH was at **\\~$600**.\n* 1 year ago BTC was at **\\~9k**. ETH was at **\\~$230**.\n* The total crypto market cap is up over 70% from January 1, 2021 (MC on Jan 1 was \\~780k).\n\nToday we look back on these prices and think "I wish I bought back then". In the future people will think the same thing about today\'s prices.\n\nStay bullish friends! We\'re on the road to mass adoption.', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/', 'o56vri', [['u/nicog67', 20, '2021-06-22 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4nwk/', 'Time to accumulate until the next bull run', 'o56vri'], ['u/biscuwit', 62, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4xep/', "If I just buy more it won't seem like my portfolio is taking a hit", 'o56vri'], ['u/Short_Membership_300', 12, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4ylm/', 'wish i had more money to buy more btc and eth..:(', 'o56vri'], ['u/dreadSQUATCH', 12, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4z0j/', 'Last one was brutal and lasted 2 years. A few months is nothing. Just hold everything and only put in what you can watch go to zero. That’s what I’ve learned after 5 years in crypto. My humble advice\n\nNo one wanted to buy ADA at $.02 no matter how much I begged them last time this happened. You never know what’s going to rebound and when it’s going to happen. just enjoy the ups and downs because you never know', 'o56vri'], ['u/Taram_Caldar', 50, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4z8t/', "Translation:\n\nZoom out, look at the bigger picture. Relax and enjoy the long roller-coaster ride :) Stay on long enough and you'll wind up higher than you began.", 'o56vri'], ['u/nolimitdoger', 37, '2021-06-22 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l50v8/', 'I bought the dip, went to get cigs, came back to find the dip dipped 🤷🏼', 'o56vri'], ['u/Eltotsira', 15, '2021-06-22 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l59ow/', 'You know whats wild is that you can already see people fleeing the sub. I usually sort by "new" or by "top today," and maybe I\'m wrong (I\'m not gonna check), but the upvote totals on most posts seem generally lower. Just wild to see. More for the people who stay i guess.', 'o56vri'], ['u/stovetopapple', 27, '2021-06-22 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l8i38/', 'This is my strategy. Works for a few hours before you lose it and the vicious cycle continues', 'o56vri'], ['u/PlsRespond1', 14, '2021-06-22 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2lg6r4/', 'I keep pouring more in and my portfolio amount is staying the same 😭😂', 'o56vri']]], ['u/Bupolo', 'Just a friendly reminder on the Wyckoff Distribution Pattern analysis', 32, '2021-06-22 00:15', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/', "BTC price movement eerily following this. This was posted on July 19 when the price was at $35k.\n\nPer this it looks like BTC will test around $30k, then start to slowly draw back up.\n\nBut low and behold, look what may be happening to BTC's price around the MN3.0 launch date (where I put the long red line).\n\nhttps://preview.redd.it/shbrp3ty0p671.png?width=1006&format=png&auto=webp&s=0afe8e97dc45110fe1f2cc5d2b1bb23ee13b9a38", 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/', 'o573jy', [['u/Tometoshi69', 11, '2021-06-22 00:20', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/h2l65js/', 'Looks like 🚀🚀🚀 potential', 'o573jy'], ['u/RStephen4', 10, '2021-06-22 00:47', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/h2l99pp/', 'Pls be right. This is torture 🤣', 'o573jy'], ['u/WilliamBott', 10, '2021-06-22 01:32', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/h2lecmi/', "This is, and is exactly as I predicted when Bitcoin plunged from $63k to around $30k. I said it would go down to around $30k and back up to around $40k but stay within that general range, and I've been exactly correct. Once the hedgies have accumulated enough, they will run it up (I figure around $75k) before selling it all off to crash it again.", 'o573jy']]], ['u/MoCityTripp', 'The dip', 10, '2021-06-22 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/', 'So what are you guys buying during this dip? I feel like algo cardano and poly are at good prices. Those are the projects i believe in most. This may dip even harder but i honestly cannot pass up these coins at these particular prices. Thoughts? I think bitcoin bottoms at 30k again and we see another mini spike from there, but who knows at this point', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/', 'o57cmz', [['u/iwillbeagodsoon', 45, '2021-06-22 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l7554/', "I'm buying drugs", 'o57cmz'], ['u/gateht', 24, '2021-06-22 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l7cq6/', 'Feels like trying to catch a falling knife, keeps getting lower.', 'o57cmz'], ['u/Ceeceefrom1992', 10, '2021-06-22 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l7fkj/', 'Hahahahahahhaahahahahhahahahaa you made my day', 'o57cmz'], ['u/xt6x', 25, '2021-06-22 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l80is/', 'You spelled ether wrong.', 'o57cmz']]], ['u/Helpful-Ad-9874', 'Just a suggestion….', 42, '2021-06-22 00:48', 'https://www.reddit.com/r/Telcoin/comments/o57rmy/just_a_suggestion/', '…. If, and only if, BTC drops under $30k, will you see a true sell off. At that point, it will be the equivalent of a stock market sell off….meaning an opportunity to buy so low you can ensure generational wealth.\n\nMy suggestion is to keep some money on the side and wait in the near term, perhaps even until August, to see what happens. If you keeps some fiat in reserve, you can always buy more and average down in the future, but if it truly crashes, you will be so happy you had cash ready to pounce.\n\nCheers and good luck peeps!', 'https://www.reddit.com/r/Telcoin/comments/o57rmy/just_a_suggestion/', 'o57rmy', [['u/gayang3', 10, '2021-06-22 06:38', 'https://www.reddit.com/r/Telcoin/comments/o57rmy/just_a_suggestion/h2mabmt/', "the cardinal rule in crypto... if **you think it can't go any lower... it will most probably go down another 50% from there.**", 'o57rmy']]], ['u/Scarrus', 'Everybody just grab a cup of coffee or tea or something and just chill', 43, '2021-06-22 00:48', 'https://www.reddit.com/r/Bitcoin/comments/o57s7q/everybody_just_grab_a_cup_of_coffee_or_tea_or/', "Bitcoin previously went from \\~1200$ in 2013 to \\~19'000$ in 2017. Both times after 4 years and at the end of those respective years. If the situation repeats, which it probably will, then by the end of this year we could see something like 300'000$. \n\n​\n\nJust chill, grab some tea or coffee and HODL.\n\nEverything is going to be fine.", 'https://www.reddit.com/r/Bitcoin/comments/o57s7q/everybody_just_grab_a_cup_of_coffee_or_tea_or/', 'o57s7q', [['u/Styx1213', 11, '2021-06-22 00:53', 'https://www.reddit.com/r/Bitcoin/comments/o57s7q/everybody_just_grab_a_cup_of_coffee_or_tea_or/h2l9y5b/', '300k at the end of this year? lets make it 600k. If you want a puppy ask for a pony.', 'o57s7q']]], ['u/Servletless', 'price prediction through 2023 and beyond', 20, '2021-06-22 00:49', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/', 'To mourn BTC crashing through a Power Of Two today (2\\^15 = 32,768), and having observed that crypt0 prices tend to fall by 50% every 65 days, and because I just learned how to use Excel, I put together this handy table you can use for quick reference for where bitcoin could be trading at by a certain date:\n\n​\n\nhttps://preview.redd.it/72uz42y27p671.png?width=360&format=png&auto=webp&s=120b79fdc29369150112deddcaa2ea636af3a755', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/', 'o57skv', [['u/tomw2308', 10, '2021-06-22 01:19', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/h2lcwmf/', 'wow. in 2024, 1 btc = 1 usdt', 'o57skv'], ['u/Servletless', 25, '2021-06-22 02:36', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/h2llgay/', 'If the coiners can assume it only goes up, why can’t I assume it only goes down? It’s only fair.', 'o57skv'], ['u/IIdsandsII', 10, '2021-06-22 03:15', 'https://www.... 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:** ['Oil A surge in oil to a near three-year high failed to boost London\x92s markets as economic data showed inflation pressures hit record levels this month. Another drop in crude inventories helped boost oil. Brent oil prices topped $75 a barrel, helped also by reopening economies which are set to drive fuel demand higher. Some analysts say hitting $80 a barrel for crude is increasingly possible. \x93Yet another drop in US crude stockpiles pushes Brent and WTI to new multiyear highs. Predictions of the demise of oil, and of oil demand, have been wildly premature, and rebounding economies seemingly cannot get enough of the commodity,\x94 said Chris Beauchamp, chief market analyst at IG. \x93This should continue to provide a foundation for further crude oil gains this year, although a correction of some sort is wildly overdue.\x94 Gains pushed oil major Royal Dutch Shell to near the top of the benchmark, adding 21.6p to £14.22, while peer BP also gained. It wasn\x92t enough, however, to buoy the top two indices as the pound crept higher and inflation concerns lingered. The FTSE 100 ended down 15.95 points at 7,074.06 and the FTSE 250 lost 20.22 points to close at 22,659.42. Sterling closed in on a three-month high against the euro by market close, and was within touching distance of $1.40. The preliminary reading of the IHS Markit/CIPS UK Composite Purchasing Managers\x92 Index (PMI) \x96 a closely watched survey \x96 pointed to one of the strongest monthly improvements in business activity since 1998, with a reading of 61.7 \x96 not far off May\x92s unprecedented 62.9. \x93The latest flash PMI figures set the tone ahead of tomorrow\'s interest rate decision by the Bank of England,\x94 said Danni Hewson, analyst at AJ Bell. \x93All those cost pressures will work their way through and signal an uncomfortably bumpy period where inflation will continue on its upward trajectory.\x94 Among companies, leading high-end housebuilder Berkeley Homes lost 21p to £46.19 after it warned that London housing will continue to be under-supplied in years to come with the capital nowhere near meeting the target number of completions to deal with current shortages. Chief executive Rob Perrins did, however, shrug off concerns there would be lasting damage to London from coronavirus, saying it remained committed to the capital. Story continues It came as Berkeley recorded pre-tax profits of £518m for the year through April, a 2.9pc increase on the year before. Revenue increased 14.7pc to £2.2bn as its average selling price in London and the South East came in £100,000 higher than the previous year, at £770,000. Fellow housebuilders also dropped with Taylor Wimpey, Barratt Development and Persimmon among the worst performers on the FTSE 100. Elsewhere, Phoenix Group was a key drag on the top flight after the insurance firm confirmed to investors that reinsurance specialist Swiss Re had sold its 6.6pc stake in a £437m move. Shares dropped 17.6p to 676p. 05:10 PM Wrapping up That is all from us today - here are some of our top stories: GSK to slash dividend and spin off consumer division in radical shake-up Warren Buffett resigns from Bill and Melinda Gates Foundation JP Morgan boss snubs London on European trip over quarantine rules Events industry begs for relief from Covid restrictions TV producers warn Channel 4 sale will scupper pandemic recovery Thank you for following and do join again tomorrow. 05:05 PM France overturns ruling that stores can\'t legally sell CBD France\'s highest appeals court has overturned a ruling that stores in the country can\'t legally sell cannabidiol (CBD), a non-psychotic compound related to cannabis that is being researched for a variety of medical applications. The Cour de cassation ruled that judges could not find the sale of CBD in France illegal if it had been legally produced in a member state of the bloc, based on the free trade of goods within the EU. It said that the Court of Justice of the EU last year ruled that no national law can prohibit the sale of CBD legally produced in a member state. "Without considering whether the substances seized had not been legally produced in another member state of the European Union, the court failed to provide a basis for its decision," it said, referring to a ruling of a lower appeals court. 04:50 PM BoE vows crack down on foreign takeovers of lenders Sam Woods The Bank of England is seeking to change EU-era rules to make it easier to block attempts to take control of banks. My colleague Tim Wallace reports: Sam Woods, deputy governor at the Bank, said currently regulators have to prove a new owner is not right for the job. He wants to go back to the system from before the EU changed the rules in 2009 so officials can reject a change of control unless the applicant satisfies the authorities that they are suitable. \x93That was done in an EU context because they were concerned about national regulators frustrating cross-border activity for non-prudential reasons. Now we are out of the EU we don\x92t need to worry about that point any more and it would be a good thing to make that change,\x94 he told the Treasury Select Committee. \x93It would strengthen our arm and strengthen the culture around how these \x91change of control\x92 decisions are made. The current [system] is less conducive to a really robust approach.\x94 He is asking the Treasury and Parliament to consider \x93a very simple change\x94 to the rules. The topic came up after Sanjeev Gupta took control of Wyelands Bank in 2016. In March 2021 Wyelands repaid all of its depositors on Bank of England orders as the regulator found it weighed down with bad debts. 04:38 PM Record profits for independent oil producers in 2021 - report In more oil news, a report by Oslo-based consultancy Rystad Energy has predicted that the world\'s publicly traded independent oil producers will make record profits this year. That means they would surpass the levels reached when crude hit an all-time high of near $150 a barrel more than a decade ago. Bloomberg has more on the report: Combined free cash flow from the sector is expected to surge to $348bn (£249bn), beating the previous high of $311bn in 2008. US shale is key, with the industry expected to reverse years of losses in 2021 and make \x93super profits\x94 of nearly $60bn of free cash flow before hedges. Surging oil prices will add to producers\x92 revenue, but profits will be super-charged by constrained capital spending on new output. This is the opposite of previous cycles, when crude rallies prompted companies to spend heavily on exploration and production in search of fresh supplies. 04:22 PM Oil jumps above $75 as global travel restrictions ease Another drop in crude inventories has boosted oil today, with brent crude prices topping $75 a barrel - a near three-year high. It comes as as reopening economies are set to drive fuel demand higher. Some analysts say hitting $80 a barrel for crude is increasingly possible. "Yet another drop in US crude stockpiles pushes Brent and WTI to new multi-year highs. Predictions of the demise of oil, and of oil demand, have been wildly premature, and rebounding economies seemingly cannot get enough of the commodity," said Chris Beauchamp, chief market analyst at IG. "This should continue to provide a foundation for further crude oil gains this year, although a correction of some sort is wildly overdue." The gains pushed oil major Royal Dutch Shell to near the top of the FTSE 100, while BP also gained. 03:55 PM FTSE closes down The FTSE 100 has closed down 0.22pc at 7,074.06. In the US, the Nasdaq continues to trade up having touched an intraday high earlier; the Dow and the S&P are flat. 03:34 PM Lego eyes recycled bricks Lego Group has unveiled a prototype building block from sustainable materials as part of the toymaker\x92s plans to wean itself off oil-based plastic. Lego said it used recycled plastic from discarded bottles, after testing more than 250 variations of sustainable plastic material over three years. On average, a one-liter plastic PET bottle provides enough raw material for 10 standard-sized bricks, the Danish company said. Lego\'s materials and safety testing labs in Billund Lego has so far set aside about $400m to go green and is working on finding sustainable materials for the almost 100,000 tons of plastic bricks it produces each year. Finding recycled material that meets quality and safety requirements has been difficult, Lego said. The prototype meets those demands as well as so-called \x93clutch power\x94 a key ability for the building bricks. 03:16 PM \'GSK is one of Britain\'s crown jewels\' Our chief City commentator Ben Marlow has weighed in on GSK\'s plans for the future. The British pharmaceutical giant is under pressure from activist investor Elliott - but Ben argues the company should stand its ground: On the face of it, GSK boss Dame Emma Walmsley was vulnerable to an attack - the company\x92s share price has weakened during her four years in charge amid doubts about her strategy and its drug pipeline, and GSK has suffered the ignominy of lagging rivals including AstraZeneca in the Covid vaccine race. Wednesday\x92s long-awaited investor day was her chance to get on the front foot and convince sceptical shareholders that she is the right person for the job. After weeks of building up her defences, Walmsley came out fighting. You can read his full column here . 03:05 PM Barclays chief less worried about bad loans Barclays chief executive Jes Staley has been speaking to Bloomberg. He says the bank is increasingly optimistic about the multibillion-dollar loan books it feared could sour because of the pandemic. \x93Concerns around impairment will come down quite a bit,\x94 Mr Staley said in an interview at Bloomberg\x92s Qatar Economic Forum broadcast. \x93We have a very large impairment reserve as we were very conservative last year and, given what we see right now with the economy, that gives **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: 2021-06-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,848,072,169 - Hash Rate: 100077306.0600669 - Transaction Count: 232704.0 - Unique Addresses: 598493.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – May 28, 2021 – 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: The Walt Disney Company, Inc. DIS, Apple Inc. AAPL, Netflix, Inc. NFLX and Amazon.com, Inc. AMZN. Video streaming services witnessed unprecedented growth in the number of subscribers over the past year, thanks to the pandemic that kept people at home who had not much to do in their spare time but to binge on films and web series. Video streaming services have been giving cable and traditional television stiff competition for some time now. The pandemic further intensified the rivalry as it also coincided with the lunch of a number of new video streaming services. According to Fortune Business Insights, the video streaming market is projected to surpass $800 billion by 2027. As most people were left with no option for entertainment following the COVID-19 outbreak and the lockdowns thereafter, they took to watching videos online. This saw subscribers increasing by leaps and bounds. According to a report in Variety, the combined user numbers of leading video streaming services grew more than 50% year over year in 2020. Interestingly, a couple of video streaming services were launched just months before the pandemic broke out and following that a few more services were launched. Interestingly, almost all the service providers gained during this period in the number of subscribers, which eventually helped to boost their revenues. According to Deloitte's 15th annual Digital Media Trends, today 82% of consumers subscribe to at least one or more paid video streaming services. The churn rate for video streaming services between October 2020 and February 2021 is hovering around approximately 37%. Pay TV has been suffering at the hand of streaming services for quite some time. In fact, according to a Bloomberg report, The Walt Disney Co. plans to shut down 100 of its international TV channels by the end of 2021 as it plans to focus more on its streaming services like Disney+. According to Fortune Business Insights, the global video streaming market share will witness a CAGR of 12% and hit $842.93 billion by 2027. The video streaming market stood at $342.44 billion in 2019. Moreover, many media companies that have been waiting for theater releases are premiering on OTT platforms, which have further been helping the streaming industry. Streaming services have been on a high ever since the coronavirus outbreak. With not too many entertainment options left open till now, they are likely to benefit in the coming months too. This thus makes an opportune time to invest in video streaming stocks. Applelaunched its streaming services last year and has gained immense popularity since then. The company reportedly has more than 30 million TV subscribers. The company's expected earnings growth rate for the current year is 55.5%. The Zacks Consensus Estimate for current-year earnings has improved 13.8% over the past 60 days. Apple has a Zacks Rank #2 (Buy). You can seethe complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Netflixis considered a pioneer in the streaming space. It has been spending aggressively on building its original show portfolio. The company added more than 3.98 million paid subscribers in the first quarter of 2021 for a total of 207.64 million globally. The company's expected earnings growth rate for the current year is 71.7%. The Zacks Consensus Estimate for current-year earnings has improved 6.4% over the past 60 days. The company currently has a Zacks Rank #3 (Hold). Amazon.com, besides being an e-commerce giant, offers several other services. Amazon Prime, a membership program, provides access to streaming of movies and TV episodes among other services, and is one of the market leaders in the streaming space. The company's expected earnings growth rate for the current year is 34.5%. The Zacks Consensus Estimate for current-year earnings has improved 13.3% over the past 60 days. Amazon carries a Zacks Rank #3. Blockchain and cryptocurrency have sparked one of the most exciting discussion topics of a generation. Some call it the "Internet of Money" and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we're still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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/performance for 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 reportAmazon.com, Inc. (AMZN) : Free Stock Analysis ReportApple Inc. (AAPL) : Free Stock Analysis ReportThe Walt Disney Company (DIS) : Free Stock Analysis ReportNetflix, Inc. (NFLX) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - 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:** ['On the eve of New York City’s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world’s largest cryptocurrency.\n“I’m going to promise you in one year … you’re going to see a different city,”saidAdams. “We’re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.”\nAdams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city’s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters.\nRelated:Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says\nSee also:Republican House Campaign Arm to Accept Donations in Crypto\nAdams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to aNew York Times reporton Wednesday.\nFormer Democratic presidential candidate Andrew Yang, a longtimebitcoinproponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only11.7% of total votes.\n• Republican House Campaign Arm to Accept Donations in Crypto\n• New York Crypto Mining Bill Dies in Assembly After Passing State Senate\n• The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin', 'On the eve of New York City\x92s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world\x92s largest cryptocurrency. \x93I\x92m going to promise you in one year \x85 you\x92re going to see a different city,\x94 said Adams. \x93We\x92re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.\x94 Adams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city\x92s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters. Related: Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says See also: Republican House Campaign Arm to Accept Donations in Crypto Adams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to a New York Times report on Wednesday. Former Democratic presidential candidate Andrew Yang, a longtime bitcoin proponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only 11.7% of total votes . Related Stories Republican House Campaign Arm to Accept Donations in Crypto New York Crypto Mining Bill Dies in Assembly After Passing State Senate The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin View comments', 'On the eve of New York City’s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world’s largest cryptocurrency.\n“I’m going to promise you in one year … you’re going to see a different city,”saidAdams. “We’re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.”\nAdams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city’s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters.\nRelated:Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says\nSee also:Republican House Campaign Arm to Accept Donations in Crypto\nAdams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to aNew York Times reporton Wednesday.\nFormer Democratic presidential candidate Andrew Yang, a longtimebitcoinproponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only11.7% of total votes.\n• Republican House Campaign Arm to Accept Donations in Crypto\n• New York Crypto Mining Bill Dies in Assembly After Passing State Senate\n• The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin', 'Bitmain has decided to hit the brakes on sales of its crypto mining rigs in a bid to shore up prices adversely affected by the outcome of China’s actions against local miners.\nAccording to areport by Bloombergon Wednesday, the Beijing mining giant’s decision comes as top-tier rigs have shed their value by about 75% since April.\nDelaying further sales could be seen as a way for Bitmain to shield both itself and mining clients from falling prices.\nRelated:Huobi’s New US Affiliate Set to Go Live Next Month\nThe decreases in value can be closely tied to an oversaturation of used machines being dumped on local markets across China following the country’s swift and decisiveanti-crypto crackdown.\nSee also:Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan\nIndeed, China’s attempts to stamp out cryptocurrency mining in hydro-rich provinces throughout the country has forced many to seek shelter in neighbouring countries, includingKazakhstan.\nOn Tuesday, the China’s central bankorderedthe country’s major financial institutions to stop facilitating crypto transactions, which sawbitcoin and other cryptocurrencyfall, ending a four-week-long consolidation period.\n• Ant Group Says NFTs Are Not Cryptocurrencies After Digital Artwork Sells Out\n• Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger\n• Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives', 'Bitmain has decided to hit the brakes on sales of its crypto mining rigs in a bid to shore up prices adversely affected by the outcome of China\x92s actions against local miners. According to a report by Bloomberg on Wednesday, the Beijing mining giant\x92s decision comes as top-tier rigs have shed their value by about 75% since April. Delaying further sales could be seen as a way for Bitmain to shield both itself and mining clients from falling prices. Related: Huobi’s New US Affiliate Set to Go Live Next Month The decreases in value can be closely tied to an oversaturation of used machines being dumped on local markets across China following the country\x92s swift and decisive anti-crypto crackdown . See also: Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan Indeed, China\x92s attempts to stamp out cryptocurrency mining in hydro-rich provinces throughout the country has forced many to seek shelter in neighbouring countries, including Kazakhstan . On Tuesday, the China\x92s central bank ordered the country\x92s major financial institutions to stop facilitating crypto transactions, which saw bitcoin and other cryptocurrency fall, ending a four-week-long consolidation period. Related Stories Ant Group Says NFTs Are Not Cryptocurrencies After Digital Artwork Sells Out Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger Huobi\x92s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives', 'The founders of South Africa-based crypto investment firm Africrypt have disappeared along with 69,000 bitcoins – worth an estimated $3.6 billion – according to areportfrom Bloomberg on Wednesday.\nIn mid-April, Africrypt’s investors were sent an email claiming the platform was shutting down and freezing all accounts following a hack that compromised client accounts, wallets and nodes. Investors were reportedly asked not to report the hack to law enforcement, which the founders claimed would slow the recovery process.\nHowever, shortly after the so-called hack, Africrypt’s founders – 20-year-old Ameer Cajee and 17-year-old Raees Cajee – allegedly transferred the pooled investor funds from an account at Johannesburg-based First National Bank (FNB) and disappeared to the U.K.\nRelated:Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger\nSince freezing the accounts, the Cajee brothers apparently shuttered Africrypt’s website and have not returned investors’ calls.\nThe incident follows closely after the South African Mirror Trading International (MTI) crypto scam, which defrauded investors of over $589 million, according to Chainalysis’ “2021 Crypto CrimeReport.” Crypto scams are nothing new, but Africrypt could rank as one of the largest crypto cons in history.\nHanekom Attorneys, the Cape Town-based law firm hired by some of AfriCrypt’s investors, told Bloomberg the funds were put through a variety of tumblers and mixers, making them virtually untraceable. The lawyers also said various global exchanges have been alerted about the alleged theft so they can keep an eye out for any attempts to convert thebitcoins.\nA separate group of investors have started liquidation proceedings against Africrypt.\nRelated:South African Banks Block Crypto Trading on International Exchanges: Report\nThe alleged crime has been reported to the Hawks, a speciality division of the South African police force that deals with organized and economic crime.\nHowever, the government’s ability to investigate the matter is constrained by the lack of regulatory framework on digital assets in South Africa, which does not consider cryptocurrencies a financial product.\n• Bybit Becomes Latest Crypto Platform to Be Targeted by Canadian Securities Regulator\n• UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report', 'The founders of South Africa-based crypto investment firm Africrypt have disappeared along with 69,000 bitcoins – worth an estimated $3.6 billion – according to a report from Bloomberg on Wednesday. In mid-April, Africrypt’s investors were sent an email claiming the platform was shutting down and freezing all accounts following a hack that compromised client accounts, wallets and nodes. Investors were reportedly asked not to report the hack to law enforcement, which the founders claimed would slow the recovery process. However, shortly after the so-called hack, Africrypt’s foun **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: 2021-06-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $610,731,093,519 - Hash Rate: 104040763.72581212 - Transaction Count: 233278.0 - Unique Addresses: 594998.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: June 10 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The world's largest meat processor, JBS SA, said on Wednesday that it paid an $11 million ransom in Bitcoin to the hackers behind an attack that forced the shutdown last week of all the company's U.S. beef plants and disrupted operations at poultry and pork plants. https://nyti.ms/2TiPSrj - U.S. President Joe Biden on Wednesday revoked a Trump-era executive order that sought to ban the popular apps TikTok and WeChat and replaced it with one that calls for a broader review of a number of foreign-controlled applications that could pose a security risk to Americans and their data. https://nyti.ms/3xadUDF - After California passed a law in 2019 that effectively gave gig workers the legal standing of employees, companies like Uber and Lyft spent some $200 million on a ballot initiative exempting their drivers. https://nyti.ms/3wdtoXr - The Canadian pipeline company that had long sought to build the Keystone XL pipeline announced Wednesday that it had terminated the embattled project, which would have carried petroleum from Canadian tar sands to Nebraska. https://nyti.ms/3zqXUiK (Compiled by Bengaluru newsroom)... - 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 2.87% on Thursday. Following a 3.44% gain on Wednesday, Bitcoin ended the day at $34,665.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $32,343.0 before making a move. Steering clear of the first major support level at $32,061, Bitcoin rallied to a late intraday high $35,290.0. Bitcoin broke through the first major resistance level at $35,049 before falling back to sub-$35,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Polkadot fell by 0.26% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 8.74% to lead the way, with Bitcoin Cash SV (+6.08) close behind. Binance Coin (+4.16%), Chainlink (+3.41%), Crypto.com Coin (+5.37%), Litecoin (+4.11%), and Ripple’s XRP (+4.65%) also made solid gains. Ethereum trailed the pack, however, rising by a more modest 1.04% on the day. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,381bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 47.17%. This Morning At the time of writing, Bitcoin was up by 0.30% to $34,768.0. A bullish start to the day saw Bitcoin rise from an early morning low $34,652.0 to a high $34,927.0. 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, Crypto.com Coin was up by 2.96% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,099 pivot to bring the first major resistance level at $35,856 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $35,290.0 levels. Barring a broad-based crypto rebound, the first major resistance level and resistance at $36,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major resistance level sits at $37,046. A fall through the $34,099 pivot would bring the first major support level at $32,909 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $31,152. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Rise but Remain Capped Today’s Market Wrap Up and a Glimpse Into Friday Crude Oil Price Forecast – Crude Oil Markets Continue to Favor Upside Ethereum: The Run to $9000 Was Delayed. Get Ready for the Next Try USD/INR: Rupee Opens On Flat Note; Depreciation Risk Remains High The Crypto Daily – Movers and Shakers – June 25th, 2021', 'Bitcoin , BTC to USD, rose by 2.87% on Thursday. Following a 3.44% gain on Wednesday, Bitcoin ended the day at $34,665.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $32,343.0 before making a move. Steering clear of the first major support level at $32,061, Bitcoin rallied to a late intraday high $35,290.0. Bitcoin broke through the first major resistance level at $35,049 before falling back to sub-$35,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Polkadot fell by 0.26% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 8.74% to lead the way, with Bitcoin Cash SV (+6.08) close behind. Binance Coin (+4.16%), Chainlink (+3.41%), Crypto.com Coin (+5.37%), Litecoin (+4.11%), and Ripple’s XRP (+4.65%) also made solid gains. Ethereum trailed the pack, however, rising by a more modest 1.04% on the day. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,381bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 47.17%. This Morning At the time of writing, Bitcoin was up by 0.30% to $34,768.0. A bullish start to the day saw Bitcoin rise from an early morning low $34,652.0 to a high $34,927.0. 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, Crypto.com Coin was up by 2.96% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,099 pivot to bring the first major resistance level at $35,856 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $35,290.0 levels. Barring a broad-based crypto rebound, the first major resistance level and resistance at $36,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major resistance level sits at $37,046. A fall through the $34,099 pivot would bring the first major support level at $32,909 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $31,152. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Rise but Remain Capped Today’s Market Wrap Up and a Glimpse Into Friday Crude Oil Price Forecast – Crude Oil Markets Continue to Favor Upside Ethereum: The Run to $9000 Was Delayed. Get Ready for the Next Try USD/INR: Rupee Opens On Flat Note; Depreciation Risk Remains High The Crypto Daily – Movers and Shakers – June 25th, 2021', 'SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.\nAccording to Athena Bitcoin\'s website you can use their ATMs to buy bitcoins or sell them for cash.\nThe firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.\nEl Salvador\'s President Nayib Bukele "presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable," said the firm\'s director for Latin America Matias Goldenhörn.\nBukele has touted the cryptocurrency\'s potential as a remittance currency for Salvadorans overseas.\n"Initially we are going to bring dozens of machines, (we\'ll) test what the business model is like in El Salvador, which will probably be different than in the United States," Goldenhörn added.\nA year ago Athena installed its first cryptocurrency ATM in El Salvador\'s El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town one of the world\'s first bitcoin economies.\nThe World Bank has said it cannot assist El Salvador\'s bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw "macroeconomic, financial and legal issues" with the country\'s adoption of the cryptocurrency. (Reporting by Nelson Renteria; Writing by Anthony Esposito; Editing by David Gregorio)', 'Robinhood Markets LLC’s planned initial public offering (IPO) is reportedly facing delays in its bid to go public because of its growing cryptocurrency business. A report by Bloomberg on Thursday cites several people close to the matter who say the U.S. Securities and Exchange Commission have slowed plans for the stock trading app maker’s IPO . Robinhood had been aiming for a June listing after initially filing in March. The goal now is to list next month ahead of the July 4 holiday weekend. Yet, the timing could once again fall short and may slip into the autumn, according to the report, which cited a source wishing to remain anonymous because the matter was private. Robinhood has faced scrutiny from regulators this year who allege the site encourages the game-like nature of trading, especially when it comes to inexperienced retail traders. See also: Robinhood to Reveal IPO Filings as Early as Next Week: Report Related Stories SEC Delays Decision on Valkyrie Bitcoin ETF Security Token Market Shows Signs of Resurgence Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement SEC Again Delays VanEck Bitcoin ETF Decision', 'Robinhood Markets LLC’s planned initial public offering (IPO) is reportedly facing delays in its bid to go public because of its growing cryptocurrency business.\n• Areportby Bloomberg on Thursday cites several people close to the matter who say the U.S. Securities and Exchange Commission have slowed plans for thestock trading app maker’s IPO.\n• Robinhood had been aiming for a June listing after initially filing in March. The goal now is to list next month ahead of the July 4 holiday weekend.\n• Yet, the timing could once again fall short and may slip into the autumn, according to the report, which cited a source wishing to remain anonymous because the matter was private.\n• Robinhood hasfaced scrutinyfrom regulators this year who allege the site encourages the game-like nature of trading, especially when it comes to inexperienced retail traders.\nSee also:Robinhood to Reveal IPO Filings as Early as Ne **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: 2021-06-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $642,318,005,881 - Hash Rate: 108995085.80799364 - Transaction Count: 218245.0 - Unique Addresses: 564091.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE / ACCESSWIRE / May 10, 2021 /Digital asset exchange,Gate.ioplans to launch NFT Magic Box, a platform for creating and auctioning NFTs. This is one of the first NFT trading platforms for minting, creation, promotion and auction. NFT Magic Boxinteracts with theGateChainprotocol to provide a cost-efficient and high-performance blockchain so that artists can focus on the creation process. With over 4 million users from across the world, artists will have access to all the audience and can benefit immensely from the current demand for NFT's. NFT Magic Box consists of two components: the NFT avant-garde creation platform and the NFT auction & trading platform. The NFT avant-garde platform allows users to upload their works via an NFT to create and express themselves. Users may create their NFT on the Magic Platform for free. Gate.io will focus on sought-after creative work and provide technical support and institutional docking for our users. This model allows users to monetize their creative works and follow their passions. The NFT auction and trading platform will provide two trading options: fixed price transaction and auction. Creative pieces built on Gate.io NFT or other NFT platforms can be displayed and auctioned in the marketplace. A vast proportion of the revenue from the sales will be paid to the creators. A small portion will go towards Gate.io NFT artistic fund and will be used to support contract creators on the platform. "NFT Magic Box platform is the world's first centralized trading platform which focuses on incubation and asset management in the blockchain and the digital currency field. Gate.io NFT Magic Box will connect NFT artists, institutions, and subscribers to become a major source for NFT trading, market education, and liquidity expansion. Artists, users, and professional NFT institutions will experience all the functions on the platform, such as inexpensive minting, work display, and sales. Together, we will explore the infinite possibilities of NFT's in terms of artistic value and application. Everyone can be an NFT artist," Marie Tatibouet, CMO at Gate.io, said in a statement. What does it mean for the artists, users and buyers? According to the exchange, NFT supporters can trade valuable creations in games, music, art, and sports on the NFT Magic Box. Users can benefit from high-mobility and low-fee transactions. Authors can create their NFT at a low cost and enjoy maximum market exposure as well as copyright value stimulus. Gate.io NFT market supports auctions and fixed-price transactions. Holders can choose to sell NFT at a fixed price or via an auction. The highest bidder will get the NFT. At present, we support BTC/USDT/GT payment. In the future, we will support more digital assets. Surge, Stimulus and Support Financial support Gate.io will set up an exclusive NFT fund that will be used for training, salon, study tour, exhibitions, and other activities for artists on the platform. Data support There will be global stations, vertical communities, cooperative media, and other nodes which will attract millions of users, to help showcase artists' works and activities in the NFT area. Activity support Gate.io will guide all the stakeholders to leverage the platform in the best way possible for online and offline activities. Brand support Resources like funds, venues, and transmission for our cooperative institutions will add to the value NFT Magic Box brings to the table. Gate.io NFT Magic Box will officially be launched in a few months. However, Gate.io is running a recruitment drive to recruit talent worldwide, including spectacular artists, highly creative users, and celebrities in the NFT curation area. About Gate.io Gate.ioenables a new generation of global traders with the tools to access the revolutionary age of cryptocurrencies. The "Gate ecosystem" consists of Gate.io, Wallet.io, HipoDeFi andGateChain. Gate.io enables blockchain enthusiasts to trade and store assets in over 470 of the leading cryptocurrencies for over 4 million users from over 150 countries. It is a one-stop-shop for spot, margin trading, futures, perpetual contracts, staking, C2C loans, options and DeFi. At Gate.io, we strive to provide a platform that's fast, easy to use and welcoming to everyone. Check us out onTwitterandYouTubefor interesting updates, reward campaigns and more. Mediacontact: Company: Gate.ioContact: Diksha Sharma, Head of CommunicationsFacebook:https://facebook.com/gateioglobalTwitter:https://twitter.com/gate_ioE-mail:[email protected]:https://www.gate.io/ SOURCE:Gate.io View source version on accesswire.com:https://www.accesswire.com/645664/Gateio-to-Launch-NFT-Platform-for-Creators... - Reddit Posts (Sample): [['u/Throwaway_lsdlove', 'Paid off my loan… feels good!', 73, '2021-06-25 00:41', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/', 'Hello Reddit,\n\nI have been a long time holder in crypto. I bought at near all time highs in 2017 never once sold and continued to accumulate through out the years. Recently when btc was around ~64k range, for tax purposes and potential for further gains, I took a loan out of my crypto and paid off my vehicle and put a down payment on a (house-that was a hassle). I am very grateful to have been able to see enough gains to do that. \n\nPresently having lost 2/3 the value of my of my crypto portfolio. I would have nightmares about having my crypto liquidated over night. Not being able to move funds fast enough to cover my loan in time. I was checking prices every 5 minutes to make sure that I wouldn’t loose everything it’s been stressful. \n\nThis was none stop stress and ultimately I choose to sell some of my crypto to pay off the loan. I felt sick selling right now, but I think I’ll actually get some decent sleep tonight knowing my bags won’t disappear in the morning. \n\nThis is all a learning experience and I’m glad I get to still be invested in crypto and accumulate interest. Thanks for reading hope this helps out some people in similar positions. Take profits it feels good and as always don’t forget, Buy the dip/DCA when possible!', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/', 'o7amj0', [['u/lAljax', 31, '2021-06-25 01:35', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/h2xq60z/', "Congrats man, money is meant to bring peace of mind, if you're losing sleep over this, it's better to pay it off.", 'o7amj0'], ['u/shazvaz', 10, '2021-06-25 01:48', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/h2xrlyc/', 'Everything you pay off and remove from the platform is that much less that can be bought up by short sellers. The squeeze is coming and the less liquidity they have when it comes time to cover the worse they will hurt.', 'o7amj0']]], ['u/olafthemanofsnow', 'The SEC file motion to quash deposition of William Hinman', 159, '2021-06-25 00:48', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/', "I haven't had the chance to read the full motion but my understanding is that the SEC don't feel that deposing Hinman is relevant to the case.\n\nBut...\n\nWilliam H Hinman was the former director of finance at the SEC. He was ultimately the person who said that Ethereum and Bitcoin were currencies.\n\nWell if the SEC are saying that bitcoin is different to XRP then shouldn't we let Mr Hinman speak. (he would be under oath during a deposition).\n\nLet's find out why he thinks they are different. Why would the SEC not want to allow that?", 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/', 'o7arre', [['u/YETISPR', 55, '2021-06-25 00:58', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xm4en/', 'It really appears that Ripple is really putting pressure on the SEC…I guess they haven’t offered Ripple favourable terms yet. Wonder who they will go after next. I guess if there is no settlement incoming that Ripple can agree to, then the plan is to expose any questionable items to light.\n\nEdit: I’m starting to be confused by the SEC/Ripple case, who is on trial again?', 'o7arre'], ['u/Ultimatenub0049', 38, '2021-06-25 01:11', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xniyr/', 'The SEC is trash', 'o7arre'], ['u/Yardash', 40, '2021-06-25 01:33', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xpxlm/', "Ripple must have something on Hinman and the SEC is trying to block the deposition to effectively exclude the dirt from the case. \nI'm no lawologist but I feel like teh SEC has an uphill battle on this one", 'o7arre'], ['u/xer0h0ur', 11, '2021-06-25 02:15', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xujyw/', "IDK what information you guys have been following ever since lawyers began digging into Hinman and Clayton but from everything I've read so far, Hinman is the easier target because there is way more of a smoking gun with him than Clayton. I mean ultimately I'm only going by the information that has been made public so far. So I'm not surprised the target was actually Hinman and not Clayton to be deposed.", 'o7arre'], ['u/AutonomousAutomaton_', 19, '2021-06-25 02:30', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xwa3g/', 'Most obvious answer is bc putting Hinman under oath would be devastating to the SECs case. To understand lawfare I feel like you need to be Uber cynical and ruthlessly utilitarian with a healthy knack of guessing people’s motives (hint it’s almost always whatever is most self serving)', 'o7arre'], ['u/Josh-Lambo-Tudamoon', 11, '2021-06-25 02:38', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xx5ua/', ' 🧨 🎇💥 July 4 settlement', 'o7arre'], ['u/shooplewhoop', 16, '2021-06-25 03:07', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2y0d8y/', 'Ethereum had an ICO no less, SEC was already on defense before, this is just comical now.', 'o7arre'], ['u/Josh-Lambo-Tudamoon', 11, '2021-06-25 04:12', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2y7iav/', 'This judge does her best work on sundays.', 'o7arre'], ['u/DaNeeDaVeeDoh', 15, '2021-06-25 04:58', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2ycp00/', 'Lol lawologist give me a good chuckle', 'o7arre'], ['u/randomly-generated', 24, '2021-06-25 05:34', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2ygowz/', "My guess is everyone who is saying expect a settlement is wrong, just because people are always wrong. This probably takes forever and my guess is the judge will have an obvious correct decision to make in favor of Ripple, but to everyone's surprise rules in favor of the government because the government and courts are corrupt as fuck. Remember this post lol.", 'o7arre']]], ['u/smeagols-thong', '🚀SR-NSCC-2021-005 EXTENDED 45 days—Should go into effect by August 12, 2021🚀', 42, '2021-06-25 00:48', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/', 'Alright apes, hold onto your helmets because SR-NSCC-2021-005 is the final infinity stone of regulations.\n\nEdit: To be clear, this IS NOT a catalyst for the MOASS. GME is it’s own MOASS🚀🌙 NO dates. MOASS can happen any time now! It’s just exciting to see that every other regulation from SRO’s have already been implemented and this is the final one.\n\nTitz so jacked\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n​\n\nhttps://preview.redd.it/48xrs5r1qa771.jpg?width=350&format=pjpg&auto=webp&s=4052b6aa095a1b17aacb6a04502687beebc5c96b\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n*The SEC has just given notice they are extending the 45-day time period for the proposed rule change SR-NSCC-2021-005.*\n\n**This means the SEC shall either approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether the proposed rule change should be disapproved by** **THURSDAY, AUGUST 12, 2021.**\n\n​\n\nUpdate for the notice from the SEC can be found here:\n\n[https://www.sec.gov/rules/sro/nscc/2021/34-92250.pdf](https://www.sec.gov/rules/sro/nscc/2021/34-92250.pdf)\n\n​\n\nOfficial filing from SEC/NSCC can also be found here:\n\n[https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-005.pdf](https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-005.pdf)\n\n​\n\n**TA;DR**: [Here’s an awesome summary DD](https://www.reddit.com/r/GME/comments/mz9gjd/nscc2021005_has_been_signed_today_implementation/) written by [u/creakfast](https://www.reddit.com/user/creakfast/) on what the SR-NSCC-2021-005 means for the Smoove-brained 🦍:\n\n​\n\n**TL;DR**: The SR-NSCC-2021-005 increases the minimum fund deposit requirement for each participating member from $10,000 to $250,000 in cash deposit to cover for other members who default. This is a way for the NSCC/DTCC to cover their asses while also making institutions like SHITADEL pony up even more dough once they get a call from our beloved Marge and get liquidated from the MOASS. Since there are 3,440 members, (3,440x$250,000) this raises the total cash deposit to **$860,000,000**\n\n​\n\n[MOAR $$$](https://preview.redd.it/koifob45qa771.jpg?width=1920&format=pjpg&auto=webp&s=d17202277b286d7a370c8ae6f2da6d1b4bf49c9c)\n\n​\n\n[Anyone else smell what the ROCK is cookin? Smells like MOASS](https://preview.redd.it/9xbtcu17qa771.jpg?width=647&format=pjpg&auto=webp&s=177f85512adaa452464573aeb3c0d9106348cfc0)\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\nEdit: credit where credit is due', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/', 'o7arvn', [['u/Ebkang173', 90, '2021-06-25 00:52', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/h2xlivn/', 'This is to prevent future situations. Not needed for MOASS.', 'o7arvn'], ['u/Sweet_Committee_1345', 12, '2021-06-25 00:57', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/h2xm1z3/', "W... 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 8.86% on Friday. Reversing a 2.87% gain from Thursday, Bitcoin ended the day at $31,584.7. A mixed start to the day saw Bitcoin rise to an early morning intraday high $35,495.0 before hitting reverse. Falling short of the first major resistance level at $35,856, Bitcoin slid to a late intraday low $31,264.0. The sell-off saw Bitcoin fall through the first major support level at $32,909 to end the day at $31,500 levels. In spite of the extended sell-off, Bitcoin avoided the second major support level at $31,152. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Bitcoin Cash SV (+1.72%) and Crypto.com Coin (+0.41%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink led the way down, sliding by 11.10%. Binance Coin (-8.94%), Cardano’s ADA (-7.89%), Ethereum (-9.04%), Litecoin (-7.09%), and Ripple’s XRP (-9.39%) also saw heavy losses. Polkadot fell by a more modest 2.43% on the day. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,278bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 46.86%. This Morning At the time of writing, Bitcoin was up by 0.87% to $31,859.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,300.0 before rising to a high $32,180.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, sliding by 3.05%. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, was Litecoin was up by 2.17% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $32,781 pivot to bring the first major resistance level at $34,299 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Barring a broad-based crypto rebound, 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 the second major resistance level at $37,012. Failure to move through the $32,781 pivot would bring the first major support level at $30,068 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $28,550. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Rebound this Week but the Trend Remains Downward USD/CAD Exchange Rate Prediction – The Canadian Dollar Rallies 1.25% for the Week Silver Weekly Price Forecast – Silver Markets Sitting at Support Level Virgin Galactic Revisits Multi-Month High, Investors Clamor for More Crude Oil Price Forecast – Crude Oil Markets Continue Bullish Behavior S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week', 'Bitcoin, BTC to USD, slid by 8.86% on Friday. Reversing a 2.87% gain from Thursday, Bitcoin ended the day at $31,584.7.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $35,495.0 before hitting reverse.\nFalling short of the first major resistance level at $35,856, Bitcoin slid to a late intraday low $31,264.0.\nThe sell-off saw Bitcoin fall through the first major support level at $32,909 to end the day at $31,500 levels.\nIn spite of the extended sell-off, Bitcoin avoided the second major support level at $31,152.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBitcoin Cash SV(+1.72%) andCrypto.com Coin(+0.41%) bucked the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkled the way down, sliding by 11.10%.\nBinance Coin(-8.94%),Cardano’s ADA(-7.89%),Ethereum(-9.04%),Litecoin(-7.09%), andRipple’s XRP(-9.39%) also saw heavy losses.\nPolkadot fell by a more modest 2.43% on the day.\nIn the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,278bn.\nBitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 46.86%.\nAt the time of writing, Bitcoin was up by 0.87% to $31,859.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,300.0 before rising to a high $32,180.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, sliding by 3.05%.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, was Litecoin was up by 2.17% to lead the way.\nBitcoin would need to move through the $32,781 pivot to bring the first major resistance level at $34,299 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $34,000 levels.\nBarring a broad-based crypto rebound, the first major resistance level and resistance at $35,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test the second major resistance level at $37,012.\nFailure to move through the $32,781 pivot would bring the first major support level at $30,068 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $28,550.\nThisarticlewas originally posted on FX Empire\n• Silver Price Prediction – Prices Rebound this Week but the Trend Remains Downward\n• USD/CAD Exchange Rate Prediction – The Canadian Dollar Rallies 1.25% for the Week\n• Silver Weekly Price Forecast – Silver Markets Sitting at Support Level\n• Virgin Galactic Revisits Multi-Month High, Investors Clamor for More\n• Crude Oil Price Forecast – Crude Oil Markets Continue Bullish Behavior\n• S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week', 'A senior U.S. Federal Reserve official has called Tether’s USDT stablecoin a risk to the stability of the financial system. In a slide presentation Friday, Eric Rosengren, president of the Federal Reserve Bank of Boston, listed tether among the “financial stability challenges” the U.S. central bank is watching. Rosengren included the stablecoin among what he termed “new disruptors” to short-term credit markets. Related: Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban In an interview with Yahoo Finance the same day, he elaborated. “The reason I talked about Tether and stablecoins is if you look at their portfolio, it basically looks like a portfolio of a prime money market fund but maybe riskier,” he said. Tether “has a number of assets that, during the pandemic, the spread got quite wide on those assets.” Spread widening refers to a sell-off in the credit markets, when the difference in yield increases between a risky asset such as a corporate bond and one perceived as safe like a Treasury bond. “I do think we need to think more broadly about what could disrupt short-term credit markets over time, and certainly stablecoins are one element,” Rosengren said. “I do worry that the stablecoin market that is currently, pretty much unregulated as it grows and becomes a more important sector of our economy, that we need to take seriously what happens when people run from these type of instruments very quickly.” Read more: Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says Related: Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says Wall Street veteran and longtime Bitcoin supporter Caitlin Long found the remarks salient. “What’s interesting is [Fed governor Lael] Brainard and then [Chairman Jerome] Powell started talking ‘stablecoins.’ But now Rosengren talks ‘tether’ by name. That’s an escalation,” said Long, the founder and CEO of Avanti Financial in Wyoming. Story continues “The Fed is so practiced, … at ‘Fedspeak’ – such carefully constructed statements so that multiple sides of an issue can see their side in what the Fed said,” she said. “That was basically the [case with] previous statements about stablecoins. But today the Fed escalated. Rarely are they so explicit like they were today.” Long added that bitcoiners who consider concerns about Tether overblown should not “shoot the messenger.” “I’ve both defended Tether as breakthrough technology while also calling out that its reserve disclosure opened more questions than it answered,” she said, referring to the company’s breakdown of the collateral behind USDT, released in May. Read more: Tether’s Reserve Breakdown Shows Token 49% Backed by Commercial Paper That breakdown showed nearly half the reserves are in commercial paper, but did not specify the issuers or ratings of those debts, leaving the market guessing about the assets’ liquidity and creditworthiness. (Stu Hoegner, Tether’s general counsel, later wrote that “the vast majority” of this commercial paper is from issuers rated A-2 or higher, without naming any.) Rosengren included the composition in another slide from his presentation at a virtual event organized by the Philadelphia Fed. USDT plays a key role in the plumbing of the $1 trillion global cryptocurrency market. Traders use it, and to a lesser degree other stablecoins, to quickly move dollar value between exchanges in order to take advantage of arbitrage opportunities. Read 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: 2021-06-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $592,187,652,094 - Hash Rate: 88186933.06283121 - Transaction Count: 181628.0 - Unique Addresses: 490112.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BackyardProduction / iStock.com Cryptocurrencies have skyrocketed in popularity recently and this trend shows no signs of slowing. Given all the talk around these digital assets, you might be wondering whether now is the time to invest. But before pulling the trigger, it’s always a good idea to have an understanding of the underlying asset . Cryptocurrency is no exception and it is quite different than investing in stocks or bonds. Read: Dogecoin’s Major Price Increase: Is It a Worthwhile Investment? Therefore, we will cover a popular blockchain technology called Ethereum (ETH). Like many blockchains, Ethereum has a native coin called ether. Let’s take a closer look at what Ethereum is and whether you should consider investing. What Is Ethereum? Ethereum is an open-source, decentralized blockchain technology . Ethereum’s native coin is called ether. This coin is one of the largest cryptocurrencies by market capitalization, second only to Bitcoin (BTC). Although ether has a smaller market cap than Bitcoin, Ethereum is the most widely-used blockchain. See: What Is Chainlink and Why Is It Important in the World of Cryptocurrency? One thing that is important to understand about Ethereum is that it is not the same as Bitcoin. Whereas Bitcoin’s purpose is primarily to be a digital currency, Ethereum is much broader. In fact, Ethereum is an open-source operating system and computing platform. It also supports distributed applications (dApps) and smart contracts. Another key aspect of Ethereum is that it enables decentralized finance, which is an important part of how the system works. Because the system is inherently decentralized, there is not a single entity controlling it or the value of ether. More: How the IRS Taxes Cryptocurrency – and the Loophole That Can Lower Your Tax Bill What Is Ethereum Worth? Like many cryptocurrencies, the price of ether has fluctuated greatly since it launched in 2015. Back then, its price was around $1 and stayed there for several months. The price reached $1,358 in January 2018, its highest price ever at the time. The price began to fall, as did the price of many cryptocurrencies; ether bottomed out at $83 in December 2018. Story continues The price has ebbed and flowed since then but has risen overall. At the beginning of April 2020, the price was around $140; and as of April 29, it is at around $2,746, according to Coindesk. In other words, the price increased by almost 2,000% in just over one year. Read: Breaking Down the Basics of Cryptocurrency Should You Invest In Ethereum? If you decide to invest in ether (and therefore, in Ethereum), you should first ask yourself why you are investing. Although the price of the coin has risen substantially over the past year, it can be extremely volatile. Thus, if you buy ether simply hoping the price will rise, you may end up frustrated. On the other hand, the Etherum blockchain can be used for many different applications, said Tally Greenberg, head of business development at Allnodes. “Ether is the cryptocurrency required for any transaction made on Ethereum, a blockchain network of applications. A blockchain, on the other hand, is a technology with limitless potential. It doesn’t rest on Ethereum alone and can be used to make a difference in our future with or without cryptocurrencies.” See: 10 Best Cryptocurrencies To Invest in for 2021 Sam Bretzmann, the owner of Blocklink , agrees with this sentiment. “The difference here is that instead of investing in individual projects which may or may not make it, you can invest in the infrastructure. You can think about it like this, go back to 1999, and instead of having to try and pick which up and coming businesses will survive, you get to just pick ‘the internet’ and invest in that.” This article is part of GOBankingRates’ ‘Economy Explained’ series to help readers navigate the complexities of our financial system. More From GOBankingRates Money’s Most Influential: Where Do Americans Get Their Financial Advice? Don’t Miss Out on Nominating Your Favorite Small Business To Be Featured on GOBankingRates — Ends May 31 ‘Rich Dad Poor Dad’ Author Robert Kiyosaki: You Should Never Say ‘I Can’t Afford That’ Everything You Need To Know About Taxes This Year Last updated: April 29, 2021 This article originally appeared on GOBankingRates.com : Ethereum Price Surge — All You Need To Know To Decide If It’s Worth the Investment... - Reddit Posts (Sample): [['u/POCKALEELEE', 'What is your long-term plan for your crypto?', 59, '2021-06-26 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/', "I understand the concept of HODLing forever, but I see 2 groups of HODLers here - those who plan to HODL forever, and those with a different plan. I'm old, so I have a 2 part plan: 1) HODL some to pass on to my child, and 2) HODL some until i can get something I want that I could not otherwise get. I already sold some BTC and ETH to pay off my house. I'm not sure what might prompt me to sell, if anything, but once I hit 60 I realized I'm not going to live forever, and I'm not sure I'd be stylish enough at 90 to pull off a Lambo. So, what is your plan? Do you have a plan besides just HODL? Also, I really wish I was young, because I'm afraid I'll miss so much cool shit in the next 50 years. EDIT: It is nice to see so many people actually have a plan that is well-considered for their needs!", 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/', 'o7xpc1', [['u/pukem0n', 35, '2021-06-26 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31m49a/', 'HODL until 2040 and use crypto as my pension, since the state pension will have run out by then because we all get older and refuse to die.', 'o7xpc1'], ['u/Octopus-Pawn', 27, '2021-06-26 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31m5ah/', 'I have a strong suspicion I will never sell my crypto… which begs the question, what’s the point?', 'o7xpc1'], ['u/DaveinOakland', 10, '2021-06-26 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31m7dw/', 'Trade to accumulate, DCA, and HODL til 2024.\n\nReevaluate then', 'o7xpc1'], ['u/idevcg', 29, '2021-06-26 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31mcru/', "life changing money or bust. I'll take either.", 'o7xpc1'], ['u/pukem0n', 27, '2021-06-26 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31nq2q/', "It's like collecting all those super items in an RPG and then playing through the whole game without ever using them in case you might need them later.", 'o7xpc1'], ['u/Wallstreet101083', 10, '2021-06-26 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31orkn/', 'My plan is to hold into my retirement I have 12 more years left until I retire it would be nice to buy a piece of land in the mountains and finish out my days in peace', 'o7xpc1']]], ['u/18sbrku50', 'Does anyone else believe a parabolic silver squeeze + the release of central bank digital currencies (i.e. FED coin) will cause the death of mainstream crypto? Especially the oldest and least efficient ones?', 79, '2021-06-26 01:16', 'https://www.reddit.com/r/Wallstreetsilver/comments/o7yyeb/does_anyone_else_believe_a_parabolic_silver/', "My reasoning is that businesses can only accept legal tender as payment. For any unbacked currency to survive, it needs to have a monopoly enforced by law (Fiat/Central Bank Digital Currencies). Companies that accept bitcoin and other crypto are really just selling your crypto for dollars during the transaction. Tesla tried to legitimately accept BTC but we saw how that turned out...\n\nGold and silver have intrinsic value AND legal tender rights under the US constitution. They have also been re-defined as legal tender in 12 US states which will continue to grow. When the COMEX futures market and LBMA defaults, I believe there will be a massive exodus out of traditional crypto into precious metals. Government regulations aimed to force market share into CBDC's will also be a major factor.\n\nLet me know your thoughts on this.", 'https://www.reddit.com/r/Wallstreetsilver/comments/o7yyeb/does_anyone_else_believe_a_parabolic_silver/', 'o7yyeb', [['u/Mothersilverape', 11, '2021-06-26 01:23', 'https://www.reddit.com/r/Wallstreetsilver/comments/o7yyeb/does_anyone_else_believe_a_parabolic_silver/h31uqz9/', 'No. I believe that decentralized crypto is better than centralized bank digital currency. But both of these are controlled currencies. The cryptos are controlled by the exchanges. The digital currencies by the central planners that be. So, in my opinion, crypto is marginally better than central bank currencies.\n\nBoth will always be inferior to physical silver for wealth preservation in hard times. Which is where w are heading. That is not my opinion. That is fact.', 'o7yyeb']]], ['u/Content_Structure118', 'Things about Crypto I Learned the Hard Way...', 387, '2021-06-26 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/o7zm61/things_about_crypto_i_learned_the_hard_way/', 'Are you new to Crypto? I hope you\'re doing research in other places than Reddit,\xa0 although this sub can be very helpful. Here are some suggestions that might help you as you invest in projects.\xa0\xa0 \n\n1. Spend only what you can afford to lose, i.e., "fun" money. I know,\xa0 it\'s real tempting to use cash from a student loan or a credit card but you\'ll eventually regret it, especially if your chosen crypto tanks. Don\'t go into debt to invest. It rarely turns out well. \xa0\xa0\xa0 \n\n2. Most folks agree that Dollar Cost Averaging (DCA) is the best investing strategy in Crypto. DCA means buying coins on a regular schedule, hopefully lowering your average costs over time.\xa0 You can also DCA/buy the dips, but you never know when a project will be at its lowest, so pure DCA usually works better. \xa0\xa0\xa0 \xa0 \n\n3. Don\'t put all your eggs in one basket for risk management, and learn how to build a strong portfolio. A strong portfolio is heavily invested in original, safer coins such as BTC and ETH, with much lower percentages of Alt coins such as VET, ADA, LINK, ALGO, and the like. The alt coins carry higher chances of gains, but also much higher risk of losses. **Edit: To truly spread your risk out, invest in other assets such as mutual funds, stocks, real estate, etc. This is diversification. \n\n4. Do Your Own Research.(DYOR)\xa0Don\'t just pick a coin shilled by some jerk like me on Reddit or a YouTube analyst. Your friend at work may not be as smart as you think! Read and research to find a project that makes sense and has a real world use cases - good tokenomics and development teams. This is especially important right now because the market is bearish.\xa0 Pick only projects that have a reason and utility to outlast others. \xa0\xa0 \n\n5. Don\'t FOMO ( fear of missing out) into a coin. This is most tempting in a Bull market when you see friends making money on a coin that is mooning.\xa0 If the token is nearly at its high, It can *and* will likely consolidate and go down; you can always buy in at the dip in price. Be patient! \xa0\xa0\xa0 \xa0 \n\n6. Hold on to your coins,\xa0 especially if you bought them because you believe in their future. You will make more money Holding than selling and buying another Crypto almost EVERY TIME.\xa0The only good time to sell is with a profit, or if you decide the coin you hold is worthless or a s***coin. Otherwise HODL! \xa0 \n\n7. Don\'t PANIC SELL!\xa0 This is usually the first mistake Noobs make in order to cut their losses.\xa0 I know I did.\xa0 Had I never panic sold, I would be up about 60% higher than I am today.\xa0 \nThis panic selling also happens in a bear market,\xa0 when losses can hit 30% in day. Everyone wants to sell at the same time.\xa0 \nWhen you are in doubt about your coin\'s recent dive,\xa0 zoom out on the price chart to look at a year or three, and you will realize most 20% dips come right back up.\xa0"When in doubt,\xa0 Zoom out!" \n\n8. Invest in a hardware wallet (directly from the company - NOT Amazon) when you make time. You can keep coins on exchanges or "hot" (online) wallets when actively trading, but take the crypto out when not trading for safety.\xa0 Some exchanges do not give you a seed phrase: many people say "Not your keys, Not your Coin."\xa0 Your hardware wallet will have a personal seed phrase to unlock your crypto. \xa0 \xa0 \n\n9. Have an exit plan.\xa0 Some people take out their original investment and play only with the "house" money or profits. Others take a percent of profits when a coin reaches a certain % gain or value. Set a goal and use it. If you wait until the bear market you may not have profits to take. \xa0 \n\n10. Don\'t watch your phone or computer all the damn time.\xa0 Unless you\'re a successful day trader (less than .05% of people, most experts say) you don\'t need to watch prices but one or two times a day. Nothing you will see should change your strategy unless BTC drops to 10k and you want to buy more. Stress kills. \xa0 \xa0 \n\n11.\xa0Most people in Crypto just want to get out of poverty and gain some savings. A little money can mean a lot to some of us. BUT, It\'s only money. Money is not worth your health,\xa0 family,\xa0 career,\xa0 or life. This leads to... \n\n12. Enjoy your family and friends. Spend time with loved ones, and enjoy their company.\xa0 Go for a hike, a run, or out for dinner.\xa0 This may not seem Cryptocurrency related,\xa0 but Crypto will never hold your hand when you\'re sick, give you love, or be there when you need help. \n\nHope these have helped. Good luck and HODL!', 'https://www.reddit.com/r/CryptoCurrency/comments/o7zm61/things_about_crypto_i_learned_the_hard_way/', 'o7zm61', [['u/astockstonk', 76, '2021-06-26 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/o7zm61/things_about_crypto_i_learned_the_hard_way/h31yoah/', 'I don’t think I will ever succeed on #10. Checking crypto prices a million times just seems to be a thing we do.', 'o7zm61'], ['u/TheMuffinistMan'... 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 2.44% on Saturday. Partially reversing an 8.86% slide from Friday, Bitcoin ended the day at $32,355.7. A mixed start to the day saw Bitcoin rise to a mid-morning intraday high $32,661.0 before hitting reverse. Falling short of the first major resistance level at $34,299, Bitcoin slid to a late morning intraday low $30,206.0. Steering clear of the first major support level at $30,068, Bitcoin move back through to $32,300 levels and into the green. A final hour rally delivered most of the upside on the day. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Chainlink (+0.21%), Ethereum (+1.11%), Litecoin (+1.47%), and Ripple’s XRP (+0.81%) saw relatively modest gains on the day, supported by a final hour recovery. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV and Crypto.com Coin fell by 4.91% and by 4.37% to lead the way down. Binance Coin (-0.42%), Cardano’s ADA (-0.05%), and Polkadot (-1.56%) also saw red. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,127bn. At the time of writing, the total market cap stood at $1,284bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.26%. At the time of writing, Bitcoin’s dominance stood at 47.21%. This Morning At the time of writing, Bitcoin was up by 0.33% to $32,462.2. A mixed start to the day saw Bitcoin fall to an early morning low $32,066.0 before rising to a high $32,485.0. 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 SV was up by 5.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $31,741 pivot to bring the first major resistance level at $33,276 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $32,661.0. Barring a broad-based crypto rebound, 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. The second major resistance level sits at $34,196. A fall through the $31,741 pivot would bring the first major support level at $30,821 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $29,286. This article was originally posted on FX Empire More From FXEMPIRE: Silver Weekly Price Forecast – Silver Markets Sitting at Support Level Gold Price Prediction – Prices Consolidate Following Core PCE Report The Crypto Daily – Movers and Shakers – June 27th, 2021 Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Shoot Higher S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week NZD/USD Forex Technical Analysis – Confirmation of Minor Reversal Top Could Drive Kiwi into .7027 – .7009', 'Bitcoin, BTC to USD, rose by 2.44% on Saturday. Partially reversing an 8.86% slide from Friday, Bitcoin ended the day at $32,355.7.\nA mixed start to the day saw Bitcoin rise to a mid-morning intraday high $32,661.0 before hitting reverse.\nFalling short of the first major resistance level at $34,299, Bitcoin slid to a late morning intraday low $30,206.0.\nSteering clear of the first major support level at $30,068, Bitcoin move back through to $32,300 levels and into the green.\nA final hour rally delivered most of the upside on the day.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nChainlink(+0.21%),Ethereum(+1.11%),Litecoin(+1.47%), andRipple’s XRP(+0.81%) saw relatively modest gains on the day, supported by a final hour recovery.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVandCrypto.com Coinfell by 4.91% and by 4.37% to lead the way down.\nBinance Coin(-0.42%),Cardano’s ADA(-0.05%), and Polkadot (-1.56%) also saw red.\nIn the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,127bn. At the time of writing, the total market cap stood at $1,284bn.\nBitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.26%. At the time of writing, Bitcoin’s dominance stood at 47.21%.\nAt the time of writing, Bitcoin was up by 0.33% to $32,462.2. A mixed start to the day saw Bitcoin fall to an early morning low $32,066.0 before rising to a high $32,485.0.\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 SV was up by 5.01% to lead the way.\nBitcoin would need to avoid the $31,741 pivot to bring the first major resistance level at $33,276 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $32,661.0.\nBarring a broad-based crypto rebound, 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. The second major resistance level sits at $34,196.\nA fall through the $31,741 pivot would bring the first major support level at $30,821 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $29,286.\nThisarticlewas originally posted on FX Empire\n• Silver Weekly Price Forecast – Silver Markets Sitting at Support Level\n• Gold Price Prediction – Prices Consolidate Following Core PCE Report\n• The Crypto Daily – Movers and Shakers – June 27th, 2021\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Shoot Higher\n• S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week\n• NZD/USD Forex Technical Analysis – Confirmation of Minor Reversal Top Could Drive Kiwi into .7027 – .7009', "The financial services industry has long been a proponent of technology use. However, when it came to retail offerings, the best technology was often kept in the hands of institutional users. Eventually, slowly but surely, the internet changed everything.\nFrom traders' method of accessing the markets to the speed of execution and charting, the late 90's and early 2000's were years of dramatic changes in stock market participation. First, inclusivity improved by an order of magnitude, leading to a dramatic rise in the number of day traders lured in by discount brokerage rates and greater accessibility.\nWhile the playing field was still tilted in favor of financial services giants and large funds that invested heavily to maintain a technological edge, the gap gradually closed as these technologies filtered down to the retail level. Moreover, the technology itself helped improve market conditions and the accessibility of value-added services alike.\nPaul Barroso, the Co-founder & CEO of Atani, remarked, “There are a lot of instances in which trading, portfolio management, technical analysis or tax reporting technology that was once limited to institutions is being filtered down to retail clients. For example, take high-frequency trading technologies (HFT), that have now gone mainstream and are leveraged for arbitrage trading. That has a net positive impact on the markets, as it increases liquidity and reduces spreads and slippage.”\nStock traders can now build their own algorithms with no coding knowledge, employ advanced technical analysis tools directly on charts, and filter and sort through trading opportunities based on pre-defined criteria. Moreover, they have access to multiple trading venues. The point is, although technology in its earlier years was the big differentiator, it has since been transformed into the great equalizer, gradually improving inclusivity while helping level a very lopsided playing field.\nMoney management tools are a prescient example of this progress. The rollout of services like copy-trading and robo-advisory has brought asset management and portfolio management to the public instead of solely serving the needs of high net worth individuals. Even research has been fundamentally democratized by technology. For instance, Reddit has brought us the world’s largest decentralized hedge fund and an abundance of research and analysis that was once relegated to the institutional investment domain alone.\nCryptocurrency As The Great Trading Equalizer\nIn many ways, cryptocurrency builds on this technological progress. At its core, the goal of the earliest cryptocurrencies was greater financial inclusivity, whether by banking the unbanked or by reducing the presence of gatekeepers that translated to higher transaction costs. (SeeBitcoin Stock Comparisonon TipRanks)\nSure, cryptocurrency trading, in particular, has a long way to go, but even now, it is progressing at a much faster pace than stock market trading. The strongest example of this point is the abundance of decentralized exchanges (DEXs) and automated-market-maker (AMM) platforms driving the DeFi revolution.\nFor traders, the opportunity to access a purely decentralized trading environment has numerous advantages. Besides for the fee component, the tools available have never been more sophisticated. Moreover, yield farming, staking, and lending in these decentralized environments provide more democratized opportunities for ordinary investors than at any time in history.\nEven centralized crypto platforms are highly performant, and regularly expand their use of technology. Traders can now view the order book for depth, akin to the Nasda **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: 2021-06-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $592,187,652,094 - Hash Rate: 58461000.56974205 - Transaction Count: 124640.0 - Unique Addresses: 379066.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cloud computing has been witnessing rapid adoption over the years as it offers businesses and organizations certain advantages over traditional methods of storing and accessing data, like from on-site servers. Since, in case of cloud computing, data and information are stored on remote servers, businesses and organizations don’t have to spend additional money in installing and maintaining costly hardware. Moreover, cloud computing allows businesses to remain unperturbed about how much storage and other resources they require since such requirements can be easily upgraded or downgraded on the cloud. Another important benefit of cloud computing is the ability to collaborate more efficiently on projects. It is easier for employees of an organization to access data and information stored on the cloud from anywhere, simply with the help of an Internet connection. Moreover, employees can access such information from smart devices like a smartphone or tablet. This is why cloud computing saw an accelerated demand last year as the outbreak of the coronavirus compelled businesses to shift to a remote working model. However, even as we move beyond the pandemic, the benefits that cloud computing offers should allow it to see continued adoption in the future as well. In fact, Gartner estimated in a report that the worldwide end-user spending on public cloud services is set to increase 23.1% in 2021 and reach $332.3 billion, from $270 billion in 2020. Markedly, Sid Nag, the research vice president at Gartner, stated in the report that “emerging technologies such as containerization, virtualization and edge computing are becoming more mainstream and driving additional cloud spending.” Meanwhile, a separate report from Fortune Business Insights stated that the global cloud computing market is set to witness a CAGR of 17.9% from 2021 to 2028. Interestingly, cloud computing also seems to go a long way in ensuring a sustainable future. Notably, a report by the International Data Corporation stated that the continued adoption of cloud computing could prevent carbon dioxide emission of more than 1 billion metric tons between 2021 and 2024, due to factors like increased efficiency of aggregated compute resources. The benefits that cloud computing is offering to businesses and organizations are manifold, including affordability and the ability to access data from anywhere. Hence, this seems like the right time to look at companies that can benefit from the continued adoption of cloud computing. Notably, we have selected five such stocks that carry a Zacks Rank #2 (Buy) or 3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Alphabet Inc.’s GOOGL Google has its Google Cloud segment which offers infrastructure and data analytics platforms, collaboration tools, and other services for enterprise customers. The company currently has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings increased 29.1% over the past 60 days. The company’s expected earnings growth rate for the current year is 52.6%. Dropbox, Inc.DBX provides a collaboration platform that allows individuals, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 6.4% over the past 60 days. The company’s expected earnings growth rate for the current year is 43%. DocuSign, Inc.DOCU offers cloud-based software and provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 25.4% over the past 60 days. The company’s expected earnings growth rate for the current year is 86.7%. Microsoft CorporationMSFT offers Azure, which is a cloud platform; Intelligent Cloud segment that licenses SQL and Windows Servers, Visual Studio, System Center, and related CALs; GitHub that provides a collaboration platform and code hosting service for developers, and so on. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 5.8% over the past 60 days. The company’s expected earnings growth rate for the current year is 35.4%. Amazon.com, Inc.AMZN has its cloud platform, namely, Amazon Web Services which offer functionalities like compute power, database storage, and so on. The company currently has a Zacks Rank #3. The Zacks Consensus Estimate for its current-year earnings increased 15.3% over the past 60 days. The company’s expected earnings growth rate for the current year is 36.6%. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 reportMicrosoft Corporation (MSFT) : Free Stock Analysis ReportAmazon.com, Inc. (AMZN) : Free Stock Analysis ReportAlphabet Inc. (GOOGL) : Free Stock Analysis ReportDocuSign Inc. (DOCU) : Free Stock Analysis ReportDropbox, Inc. (DBX) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - Reddit Posts (Sample): [['u/swhizzle', 'Skepticism Sunday - Discuss questions/concerns/doubts about the project!', 15, '2021-06-27 00:00', 'https://www.reddit.com/r/Ravencoin/comments/o8k0ni/skepticism_sunday_discuss_questionsconcernsdoubts/', 'Here we have this week\'s "Skepticism Sunday" post for Ravencoin.\n\n**This post is for critically discussing any concerns people have about Ravencoin and its future. The idea is to strengthen the project by alleviating concerns, identifying flaws and hopefully organising solutions to them.**\n\n# PLEASE NO PRICE/TRADING/MARKET DISCUSSION :)\n\n**Please refrain from discussion revolving around the price of RVN (prediction and/or speculation) or talking about RVN\'s position in terms of the market in response to this post. There are many different posts on the subreddit in which you can talk about it.**\n\nThis idea is borrowed from the Monero community and you can view the original reasoning behind it in [this post](https://np.reddit.com/r/Monero/comments/75w7wt/can_we_make_skepticism_sunday_a_part_of_the/).\n\n# Why a weekly post for this?\n\nThis weekly post isn\'t meant to replace or dissuade people from making individual posts of their concerns about Ravencoin. Rather, there are plenty of small concerns/talking points that perhaps aren\'t discussed on the subreddit as people don\'t believe they warrant a standalone post. It seems a lot of these smaller questions are asked over on the Discord server but get eventually lost in the chat history; a weekly post is easier to archive and look back on as well as giving more people a chance to respond. Again, the intent is to ask difficult questions, identify potential problems and strengthen the project.\n\n# Participation\n\n* **Be respectful.**\n* Read the FAQs below, it captures a huge majority of the common questions asked on the subreddit.\n* Read the [whitepaper](https://ravencoin.foundation/whitepaper) first. A lot of the basics of the project can be found here.\n* Post your concerns and thoughts below.\n* Be constructive.\n* Please avoid low quality, one-line posts.\n* If you have an opinion about something that someone has written then please feel free to reply; you don\'t have to be an expert or a developer.\n* If possible, try to think of an upvote as "I think this is a valid point that needs to be discussed".\n* Please refrain from discussing price (unless relevant).\n* Read the FAQs again.\n\n# Resources\n\n* Again, the Ravencoin [whitepaper](https://ravencoin.foundation/whitepaper).\n* Want to get started mining RVN? [Check out this guide.](https://www.reddit.com/r/Ravencoin/comments/nlgej1/noobs_guide_to_mining_ravencoin_by_a_noob/)\n* [Ravencoin wiki.](https://raven.wiki/w/Ravencoin_Wiki)\n* [Original Ravencoin announcement on Bitcointalk](https://bitcointalk.org/index.php?topic=3238497)\n* [Ravencoin Foundation blog](https://ravencoin.foundation/blog).\n* [Ravencoin asset explorer.](https://ravencoin.asset-explorer.net/)\n* [Join the Discord!](https://discord.gg/XwjgvxS)\n* Developer meetings are held every other Friday at 4pm Eastern in #development-meetings on Discord\n\n# FAQs\n\n**Q: "What is Ravencoin/what makes it different?"**\n\n**A:** ["Ravencoin is a code fork of bitcoin, fair launch, proof of work mined chain with an asset aware protocol that allows users to easily create and manage unique digital assets. That’s it."](https://twitter.com/Ravencoin/status/1360964546521890818)\n\nTo learn more. Read the [whitepaper](https://ravencoin.foundation/whitepaper).\n\n[Also see this post.](https://www.reddit.com/r/Ravencoin/comments/ni5xvl/besides_miningspeculation_is_there_a_point_to/) [Or this](https://www.reddit.com/r/Ravencoin/comments/nm43x4/rvn_enthusiasts_educate_me/). [Or this.](https://www.reddit.com/r/Ravencoin/comments/nkv1e4/what_sets_rvn_apart_from_the_rest/) [Or this.](https://www.reddit.com/r/Ravencoin/comments/nl8ajk/other_than_this_amazing_community/) [Also](https://www.reddit.com/r/Ravencoin/comments/nddtm6/skepticism_sunday_16052021_if_you_have_questions/gycgkde?utm_source=share&utm_medium=web2x&context=3) [maybe this.](https://www.reddit.com/r/Ravencoin/comments/nddtm6/skepticism_sunday_16052021_if_you_have_questions/gycgkde?utm_source=share&utm_medium=web2x&context=3)\n\n(All have good comments/discussion).\n\n**Q: "What are people doing to promote RVN?"**\n\n**A:** Check out the Ravencoin foundation (their [blog](https://ravencoin.foundation/blog) can be found here).\n\n**Q: "I want to develop something with Ravencoin, how do I do this?""**\n\n**A:** Learn how to make "rpc" calls to the Ravencoin core wallet. As Ravencoin is based on Bitcoin, you can look at bitcoin based tutorials for this. I would heavily recommend [this playlist](https://www.youtube.com/watch?v=ygNit44dQHA&list=PLhWIQKZKupCawKJQBAEJc-Y4I30HQ6KBH&index=1) (it is very beginner friendly and walks you through every step). There are no smart contracts with Ravencoin, you don\'t learn a language and create programs on top of the network. You merely interact with the wallet software via your program in order to send/receive money/assets.\n\nFor more tutorials based on Ravencoin specifically, I would recommend looking at ["Raven Rebels"](https://www.youtube.com/channel/UCkVXHmGVZe2wZKmIeUw4Tnw).\n\n**Q: "We need more marketing!"**\n\n**A:** Ravencoin is a community-run effort where anyone can get involved and help out; marketing included! If you want to help out, here are maybe some ideas for what could help generate interest and/or make the community a more vibrant place:\n\n* Ravencoin podcast (like [this](https://twitter.com/monerotopia?lang=en))\n* Weekly Ravencoin post where you gather all the latest news about the project (like [this](https://medium.com/themoneromoon/the-monero-moon-issue-13-84a35e91f889))\n* Ravencoin "webzine" combining Ravencoin related news, art and discussion .\n* Ravencoin radio where people can listen to some tunes (like [this](https://radio.wownero.com/)).\n* Ravencoin Community Crowdfunding Service (like [this](https://funding.wownero.com/proposals))\n* Related to the above suggestion - donation drives to help out charities in need (bird sanctuaries, maybe :p)\n\n**Q: "Ravencoin sounds awesome in theory but who is using it?**\n\n**A:** Lots of people! Have a look on the front page of the [wiki.](https://raven.wiki/w/Ravencoin_Wiki)\n\n**Q: "Who is the owner of the wallet that contains 42% of all RVN?"**\n\n**A:** Check out [this post.](https://www.reddit.com/r/Ravencoin/comments/mxhtfx/the_big_whale/gvojahs?utm_source=share&utm_medium=web2x&context=3)\n\n**Q: "When will Coinbase list Ravencoin?"**\n\n**A:** All major work has been done to be eligible for Coinbase to list Ravencoin and the application has been resubmitted to them. Hopefully we hear good news soon.\n\n**Q: "Will** [**EIP 1559**](https://bravenewcoin.com/insights/ethereum-news) **make Ethereum miners switch to mining Ravencoin?"**\n\n**A:** Potentially. Redditor /u/ancymon85 recommended [this video](https://www.youtube.com/watch?v=sW_BArrLfoc) to understand more about the potential switch from ETH to RVN.\n\n**Q: "500 RVN for the creation of an asset seems quite high. Will this be changed? Can\'t it be linked to fiat?"**\n\n**A:** For an answer to this I would highly suggest reading [Tron Black\'s post](https://tronblack.medium.com/ravencoin-asset-issuance-cost-52b553c507cb) regarding this. He goes into detail about each suggestion that was proposed and lists the pros and cons of each.\n\n**Q: "Can I stake Ravencoin?"**\n\n**A:** Kind of! Check out [this](https://kentbull.com/2021/05/19/using-the-prvn-bep-20-ptoken-from-pnetwork-and-opendao/)\n\n**Wallet Questions**\n\n**Q: "I just received something called a SCAMCOIN/RAVENCOINCASH/RVNASSETSFORSALE.COM (etc) in my wallet. What is it?"**\n\n**A:** Someone sent you an unsolicited asset. Effectively, spam. Much like someone sending you a spam e-mail. If you do not want them, you can send them to the burn address: RXBurnXXXXXXXXXXXXXXXXXXXXXXWUo9FV\n\nAlternatively, see next question.\n\n**Q: "Is there a way of filtering out/blocking spam assets?"**\n\n**A:** Yes! The new [electrum wallet](https://www.reddit.com/r/Ravencoin/comments/nr5wqy/electrumravencoin_030_release/) supports filtering out of assets :).\n\n**Mining questions**\n\n**Q: "Can I mine ETH and get paid in RVN?"**\n\n**A:** Yes, I would suggest [MiningPoolHub](https://www.miningpoolhub.com/), [Unmineable](https://www.unmineable.com/) or something similar. This is a mining pool auto-exchange, meaning you can mine one coin and get paid in another.\n\n**Q: "Is it better to mine RVN directly?"**\n\n**A:** By mining RVN directly you are supporting the Ravencoin network; it helps a lot. If you want to help the network and don\'t mind earning slightly less then mining Ravencoin directly is the best move.\n\n**Q: "Is mining Ravencoin profitable for my card?"**\n\n**A:** More than likely, yes. Ravencoin can be mined with most cards, even ones with 4GB of memory. Go to [What To Mine](https://www.whattomine.com/) and select your card there to see expected earnings. (Please note, your card might not be on that website but that doesn\'t mean it isn\'t profitable or supported. Instead, have a look at a similar powered card to get a rough idea of the profitability.)\n\n# Previous weeks\n\n[https://www.reddit.com/r/Ravencoin/search?q=Skepticism%20Sunday&restrict\\_sr=1&sort=new](https://www.reddit.com/r/Ravencoin/search?q=Skepticism%20Sunday&restrict_sr=1&sort=new)', 'https://www.reddit.com/r/Ravencoin/comments/o8k0ni/skepticism_sunday_discuss_questionsconcernsdoubts/', 'o8k0ni', [['u/MattTheKatt', 10, '2021-06-27 02:18', 'https://www.reddit.com/r/Ravencoin/comments/o8k0ni/skepticism_sunday_discuss_questionsconcernsdoubts/h35tdwk/', 'Idc about coinbase listing, I’ll keep mining until the next bull market comes', 'o8k0ni']]], ['u/DangerTomatoes', 'What are you eyeing for the next bear market and why?', 56, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 Alexander Zaitchik, Jeanhee Kim, Kelly Le and Angie Lau, Forkast.News. First in a series produced by Forkast.News with support from the Judith Neilson Institute\x92s Asian Stories project. There is no stage bigger than the Olympics, for the athletes and the host country. Modern China announced its arrival 13 years ago when 2,008 synchronized drummers performed at the Beijing Summer Olympics opening ceremonies. In February, China is expected to use the Beijing Winter Olympics to unveil a creation of intense international interest: the digital yuan, the first major central bank digital currency, or CBDC. Consumers are unlikely to notice much difference shopping with e-CNY, as the currency is officially known. It will be worth the same as cash and will activate with a tap, swipe or QR code. But the questions this form of money raises are profound. As governments around the world move to phase out physical cash, what will become of financial privacy? How will state-sponsored digital money affect China\x92s economy, its trading relationships and \x96 most weighty of all \x96 the future of the global financial system now dominated by the United States and the dollar? Related: Huobi Reveals Countries Where It Has Halted Derivatives Trading \x93The question is not whether China\x92s CBDC will upend the current rules of global trade and commerce,\x94 said Pauline Loong, director of Hong Kong-based research consultancy Asia-analytica. \x93The only question is how far-reaching the ramifications will be across issues related to who controls access to capital and its movements.\x94 But for all of the digital yuan\x92s consequence, it is a toe peeking out from a giant red curtain. Behind is an ambitious and largely invisible infrastructure program to rewire the country and its economy with a distributed ledger technology known as blockchain. China has moved deliberately to secure first-mover advantage in what it believes is the future of the internet. Story continues If the digital yuan is Beijing\x92s tender for the digital frontier, its blockchain initiative is its bid to build the railroads. A new money The story of how China came to settle the technological frontier begins with the 2008 financial crisis. Just one month after the Summer Olympics, an underregulated U.S. financial sector tripped the world into recession. It was a vulnerability that China decided it was no longer willing to accept. As the crisis was unfolding, then-President Hu Jintao called upon like-minded nations at the G20 summit to \x93steadily promote the diversification of the international monetary system.\x94 Related: Is China Opting Out of Crypto? Feat. Dovey Wan Receiving a muted response, China forged ahead in creating parallel institutions to those dominated by the U.S. In 2010, when Washington\x92s sanctions effectively locked Iran out of the international financial system, China\x92s focus on cross-border currency flows intensified. By then, domestic concerns were spurring creative thinking around monetary policy. One was how to get 400 million \x93underbanked\x94 Chinese out of poverty. E-commerce giant Alibaba introduced a mobile payment system in 2008, taking advantage of the country\x92s high rates of smartphone adoption: By 2015, 800 million Chinese would be using smartphones, according to the Pew Research Center. But such private payment systems left the Bank of China on the sidelines and did little for rising Communist Party leader Xi Jinping\x92s anti-corruption strategy, which required closer state monitoring of money. Then, around 2012, regulators began to observe strange patterns in power grids across the country. From Xinjiang to Inner Mongolia, huge amounts of electricity were surging into warehouses packed with powerful computers and colossal servers. The processors were crunching numbers to produce \x97 or \x93mine\x94 \x97 a new kind of money called bi te bi in Mandarin.\xa0 At their peak in the late-2010s, Chinese miners are thought to have produced 95% of the world\x92s bi te bi , or bitcoin . This money had no connection to a bank or any centralized authority at all. It was entirely digital and uniquely secure. Every transaction was broadcast to every computer within a network for confirmation and recorded permanently in a long series of distributed ledger entries, or blocks. Chinese officials grasped the implications of this unregulated activity immediately. In 2014, its Peoples\x92 Bank of China (PBOC) began studying the possibility of a government version of Bitcoin. With each passing year, the disappearance of paper yuan from the economy made the idea more plausible. By 2019, PwC reported, 96% of Chinese regularly shopped online. \x93Before many governments even knew the basics of Bitcoin, Chinese authorities started to take leadership in the security of the network on the mining side,\x94 said Ian Wittkopp, vice president at Beijing-based Sino Global Capital. \x93This led to the development of a strong blockchain and crypto ecosystem.\x94 By October 2020, the digital yuan was ready for pilot testing among China\x92s masses. All told, 750,000 people chosen by lottery were given 150 million e-CNY (US$23 million) to spend at roughly 70,000 bricks-and-mortar businesses plus a slew of online retailers. Six months later, new trials allowed open participation. This marked the first monitored release of the digital yuan into the wild. By June, nursing homes in Chengdu were teaching elderly residents how to use the new money. Such care and expense are necessary to ensure the Olympics debut is as well-rehearsed as those 2,008 drummers, according to Peter Cai, who studies China\x92s economy and trade policy at the Lowy Institute in Sydney.\xa0\x93The cost of getting something wrong on this is tremendous,\x94 he said. \x93Chinese officials are right to talk about the digital currency as if it\x92s a new frontier. What are the full implications for financial, banking and payment systems, or the conduct of a monetary policy? I don\x92t think anybody has a firm grip on that. And that includes China.\x94 The next internet During two decades of historic economic growth, China has had a mixed record on high technologies. It has struggled to attain self-sufficiency \x96 never mind dominance \x96 in the production of semiconductors and chips. It was ahead of the curve on 5G broadband but lags behind the West in fields of arguably greater strategic value, such as artificial intelligence. When it comes to blockchain, China appears to\xa0have taken a lead in a technology of consequence. After President Xi in 2019 promised blockchain would \x93lead the next wave of the digital transformation of China,\x94 thousands of companies reportedly initiated blockchain projects related to everything from retail banking to global shipping and supply chains. This profusion of activity continues apace. Said Wittkopp, \x93It\x92s a field of one. No other country is even close.\x94 These projects are transforming a digital ecosystem that was already among the world\x92s most sophisticated, according to a recent McKinsey study. China has 850 million internet users and more than a quarter of the world\x92s most successful startups.\xa0One of them is Hangzhou-based Ant Group. The financial services giant has over 50 blockchain-based decentralized apps, or dapps, in areas such as shipping, insurance claim processing and charitable donations. Internet search firm Baidu, the Google of China, has 20 dapps, including one that has handled 35 million pieces of electronic evidence for China\x92s \x93Internet Court.\x94 It\x92s not just tech companies staking territory on the blockchain frontier. A division of the Industrial and Commercial Bank of China has developed dapps for retail and corporate use. Insurance giant Ping An uses them to finance public-works projects. A dapp used by the China Construction Bank has helped local banks facilitate $134 billion in loans. \x93Blockchain will make our tech and our society work better,\x94 said Yifan He , blockchain evangelist and CEO of engineering firm Red Date Technology. \x93It can make all the IT systems in the world communicate like they are in one room.\x94 He predicts in 10 years all transactions that require more than two parties will be blockchain-based. The state of blockchain today is like the internet of 1993, He said. Back then, most companies could not afford the entry costs of the nascent internet (which began as a public infrastructure project overseen by the U.S. Defense Department). In April 2020, China formalized its bet on blockchain by creating the Blockchain-based Service Network, or BSN, managed by Red Date. It is an infrastructure platform that allows private entities, especially small and medium-sized businesses, to overcome the two biggest barriers to entry \x96 interoperability and prohibitive costs. \x93We built everything for you already; you just connect to it and work on your smart contract,\x94 said He, who claims the development cost of a simple dapp within the BSN could be as little as 1% of commercial blockchain. By its first anniversary in April 2021 the BSN had attracted 20,000 users and more than 2,500 projects across 120 \x93nodes\x94 throughout China plus Johannesburg, Northern California, Paris, São Paulo, Singapore, Sydney and Tokyo. S-Labs, a Beijing startup, has used it to develop applications that have helped over 5,000 SMEs find more than 500 million yuan in loans during the pandemic. S-Labs Chief Technology Officer Li Ming said the BSN is easy to use because it meets Chinese government standards and helps them find customers. \x93The biggest convenience of BSN is its brand effect.\x94 And if He has his way, today\x92s youth will be the first blockchain-native generation. This fluency is already being developed in high schools where the BSN is exploring how to teach students, including by holding programming contests with cash prizes. \x93Blockchain should be a basic skill, **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: 2021-06-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $648,237,092,250 - Hash Rate: 86205204.22995861 - Transaction Count: 217898.0 - Unique Addresses: 580308.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Several years ago when no one but those in the know were talking about cryptocurrencies, I practically begged a formerInvestorPlaceeditor to allow me to write aboutBitcoin(CCC:BTC-USD). Source: Shutterstock He must have thought I was nuts but deep down, I knew he was wrong – although I couldn’t say that at the time. Today, I have a more nuanced opinion about BTC, one that I really think deserves consideration. Generally, I stay away from self-gratulation, especially when it comes to investment markets. Believe me – when you’re banking on speculation for validation, you’re going to have problems. But when you depend on other peoples’ speculation for validation, it’s a recipe for long-term failure. InvestorPlace - Stock Market News, Stock Advice & Trading Tips That said, when it comes to the ebb and flow of Bitcoin and other cryptocurrencies, I’m the expert that went through all the phases except obviouslydespair and suicide. Don’t get me wrong – I endured some dark moments with Bitcoin and the cryptocurrency complex. However, I made some fortuitous wagers earlier in the crypto narrative and they paid off very handsomely. I can genuinely say that this asset class unlike any other changed my life. Most conspicuously,I bought my home outright– and in a very desirable part of the U.S., thank you very much! • 10 Best Stocks to Buy That Will Get You Through the Day But that also implies that I mostly exited the Bitcoin train. And indeed, I have. Admittedly, I was premature in my exit plan. But the thing was, BTC changed my life in other ways and not for the better. During most of the crazy runup in the crypto market, I suffered from chronically high blood pressure. I couldn’t get over how stupid speculation made me a superstar, even though nothing about me fundamentally changed. But I also knew that this ride could end in a heartbeat. Looking at the BTC price now, it looks like it’s about to. Looking at various advocate opinions in the blogosphere, I’ve arrived at the conclusion that incredulity caused much of the pain that Bitcoin holders are currently suffering. Primarily, you’ll hear the argument that major institutions are buying BTC. As well, you’ll come across the inflation argument. With these two major catalysts working in favor of decentralized assets, how can Bitcoin collapse like this? Well, these two bullish arguments are critically flawed. First, while it’s true that institutions have bought Bitcoin, you must also remember that they respond to shareholders. And I just don’t think that they have the warm and fuzzies overexposure to such a volatile asset. Thus, to avoid catastrophic damage, should BTC fall further, you can reasonably expect these institutions to dump out. Second, inflation may not be the biggest threat to the global economy but rather deflation. Look at the dollar’smoney velocitytrend. Currently, it’s near all-time lows, while the U.S. employment level is down 4.5% from right before the pandemic. These are deflationary pressures, not inflationary. But the biggest contributor to the present fallout in Bitcoin is market psychology. One of my recent ventures is to help build content for Blockster.com, an informational hub and community for cryptocurrency-related opportunities. In an article published May 13,I described how BTC jumped too far, too fast. While I’ll let you read the granular details of my thesis – which involves explanatory charts – the main argument is that Bitcoin needs to build support at lower price thresholds before flying to higher thresholds. In other words, BTC needs to build the foundation first before addressing the ceiling. Instead, BTC built a ceiling at above $60,000, while glossing through its previous high of just under $20,000. Of course, BTC will fall (eventually) because it didn’t establish credibility at $20,000, let alone $60,000. Therefore, the smart play based on the science of market psychology was to progressively sell as BTC approached its peak. At time of writing, Bitcoin is trading hands at just under $37,000. If you’re curious where I stand, I wouldn’t be a buyer here even though it’s almost half off from its all-time high. Rather, my downside target is between $15,000 to $20,000. Why that range? If you look at the charts for my story on Blockster.com, you’ll note that trading action is light in this particular spectrum. The way I look at it, BTC will establish credibility in this price range first, then slowly build the foundation between $20,000 to $40,000. From there, a six-figure target isn’t out of the question. But it’s got to do the work first. And that’s why I’m not comfortable with adding cryptos to my portfolio at this time. Let the volatility play out; especially, let the major institutions dump out (which I think they will). From there, let’s talk. On the date of publication, Josh Enomotoheld a LONG position in BTC.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. • Stock Prodigy Who Found NIO at $2… Says Buy THIS Now • It doesn’t matter if you have $500 in savings or $5 million. Do this now. • Top Stock Picker Reveals His Next Potential 500% Winner The postYou Were Likely Given Very Bad Advice on Bitcoinappeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/meious', 'I have seen an abundant amount of posts from ShibArmy soldiers asking what something is, how it works and to dumb-it-down for them. Have no fear, I will explain in simple terms and cover things like leash, Shiba and bone and their importance to Shibaswap.', 1806, '2021-06-28 00:19', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/', 'ShibaSwap: is a place where people can swap ECR20 tokens. Shiba, Leash, Bone are all tokens. So are Tether, Wrapped Bitcoin and Binance to name a few. Tokens are not coins, coins are Ethereum, Bitcoin and Litecoin to name a few.\n\nWhy is this important? Shibaswap is a place for people to trade (swap) their ERC-20 Tokens. So you will be able (or anyone in the world) to swap Ethereum for Wrapped Bitcoin or USDC for any ERC-20 token (these are just examples, there will be many other options for people to choose from).\n\nSimply put, it is a trading system.\n\nHow does Staking work in Shibaswap and which one is the best? There are three options to choose from and each one offers different benefits. It is up to you to decide which one works best with what you are trying to accomplish (your long term goals). \n\nTHIS IS IMPORTANT, SO READ IT TWICE AND LET IT SINK IN\n\nStaking Shiba (Bury): When you stake Shiba Tokens, you will get three rewards for doing so. The first reward you get is Bone (3% to the staking pool) which is a ERC-20 Token. Getting bone is nice and I will explain the reason why further down, BUT, You get Bone for just about everything you do on the site.\n\nThe second reward is Ethereum. This is a very important reward because when you stake Shib AND ONLY Shib, you get a % of ALL…..ALL…..ALL…..ALL!!!!!!!!!!! Of the Ethereum transaction fees (gas) that occurs on the ENTIRE Shibaswap site. Why is that so important? EVERYTHING on Shibaswap requires a Ethereum gas fee! Everything! Let that sink in….\n\nThe third reward is you also get .05% of all other transactions that occurs on the Shibaswap site that don’t include ETH, WBTC, DIA, USDT and USDC. Which means if John swaps Binance token with Jane for her Doge token on the Shibaswap site, you will get a % of that transaction as a reward in Shiba token. This is important because this allows you to increase the size of your Shiba token share, which in turn (if you re-stake it) will increase your % of rewards you get back.\n\nStaking Leash (Bury): When you stake Leash Tokens, you get two rewards for doing so. The first is Bone (1% to the staking pool), as stated above, it is nice to get, but you will get it as a reward for just about everything you do on the site.\n\nThe second reward (and the most important in my opinion) is you get .05% of all swap fees that don’t include ETH, WBTC, DAI, USDT and USDC (same example as with the Shib) but it gets returned to you in the form of Leash. Why is this important? Leash is the smallest issued token on the Shibaswap network. Which means that the value of it will be and remain way down the road, the most valuable token you can earn through staking since there is a limited supply. Staking Leash is the only way to EARN leash (or you can buy it out-right).\n\nStaking Bone (bury): When you stake Bone Tokens, you get two rewards for doing so. The first is Bone of course! The second is also Bone! You will get rewarded with Bone each time a new Bone is minted and a % (0.05) of all swap transactions that happen on the site excluding ETH, WBTC, DAI, USDT and USDC. Why is bone important? There are (as of this moment, this may change down the road) two reasons why Bone is important. First, you have to own Bone to be able to vote on future changes to the Shibaswap Site. The more you own, the bigger your input is valued! The second reason is because you need it to participate in the liquidity pool (which has its own rewards).\n\nWith me so far? So which one is the best to do? The answer is all of them! Each one offers a different benefit, Staking Shiba gets you ETH (which a very valuable coin). Staking Leash, gets you more Leash, which is in short supply (and is at the time of writing this, worth more than ETH). Staking Bone gets you more Bone, which you will need to vote with and to provide in liquidity pools (see the benefits of liquidity pools below). Now….lets move on to Liquidity pools (Digging).\n\nWhat are Liquidity pools? Liquidity pools are used to process the transactions (swaps) between two Tokens. For example, John wants to trade (swap) his Ethereum coins for Shiba. He would then go to that option in Shibaswap (Shib-ETH pool) and trade (swap) those tokens. But, WHO is he trading (swapping) with? The answer is no one. There isn’t another person waiting in the winds with their Shiba to trade him. Instead, you (the liquidity provider) give him the Shiba Tokens he wanted and take his ETH (or rather, the POOL does) and you are part of that pool. In the liquidity pool, you provide both ETH and Shib to be used in these transactions.\n\nShiba Liquidity Pools (DIG): When you put your Shiba Tokens into the ETH-SHIBA liquidity pool you will earn one reward. It is in the form of a special token called an SSLP (ShibaSwapLiquidityPool). You can use that SSLP token to deposit into (Woof) another staking program which rewards you with Bone. The amount of SSLP tokens you receive is based on how much liquidity you provide to the pool. It is not a passive reward, which means you only get it each time you deposit more of your SHIB/ETH into the pool (this goes the same for Leash and Bone pools).\n\nLeash Liquidity Pools (DIG): Putting your Leash Tokens into the LEASH-ETH pool with earn you three rewards (remember early I stated that earning Leash was important) The first reward is SSLP tokens. \n\n(IMPORTANT) The second reward the pool gets .1% of all WBTC swap transactions that occur on the Shibaswap site. \n\nThe third (also important) reward is .1% of all USDC transactions that happen on the Shibaswap site. \n\nWhy are these important? Because WBTC is Wrapped Bitcoin which has a value that matches Bitcoin! So if Bitcoin is at $30,000.00 per coin, then WBTC is also valued at 30K, and you, as a pool member, will get a % of that transaction returned to you in Wrapped bitcoin. USDC is also important because it is one of the most commonly used tokens that people trade with (the more common of a transaction, the more rewards). Why is it common? Most people who buy and sell crypto on a regular basis (non-Hodlers) will buy a coin/token when it dips, then sell it (swap it) for a stable coin (USDC) when that token hits his/her target selling price. Then they rinse and repeat this action over and over again. Every time they do this, the pool (you are part of this pool) gets a piece of the cake!\n\nBone Liquidity Pools (DIG): Putting your Bones to work in a BONE-ETH pool earns you three rewards. You will get SSLP token as your first reward.\n\nThe second and third rewards are .1% of all DAI and .1% of all USDT swap transactions that occur on the Shibaswap site are given to the pool members as a reward. DAI and USDT are both stable coins. These two tokens are very popular with (non-Hodlers) when they swap the dips and highs (just like the Leash example).\n\nWhy is there a bonus for people who put their ETH/SHIB, ETH/LEASH and ETH/BONE into the liquidity pools during the first two weeks of the Shibaswap launch and why is it important?\n\nThe swap can’t function at all of there is no liquidity (Shib, Leash, Bone and Ethereum) for people to actively swap with-in the pools. When you stake (Bury) your crypto, you are only mining (for a simpler term) the new blocks being made. You aren’t helping the SWAP part of Shibaswap. When you put your tokens into the pools, you are actually making the SWAP part of Shibaswap possible. \n\nWhich is better to do? They all have equal importance. It is up for you to decide which one(s) help you get to your long time goals and which rewards you value most. You can do all 6, just one or mix and match what you like. There is no wrong or right way. \n\nI hope this helps some of you make it to the Moon!', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/', 'o970bt', [['u/dogbuyer', 140, '2021-06-28 00:25', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39bme3/', 'Read this multiple times folks. And thank you for giving your time in writing this for the community', 'o970bt'], ['u/Blue3Valentine', 12, '2021-06-28 00:30', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39c65g/', 'Thanks for writing and explain it all 🙏🏼 this is the way', 'o970bt'], ['u/sirdrinksalotless', 67, '2021-06-28 00:44', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39dn0q/', '“SOMEBODY GET THIS MAN A SHIELD!”', 'o970bt'], ['u/perryindc', 91, '2021-06-28 00:53', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39emdw/', "Thank you!!' Very well explained. Needs to be pinned to the top of this sub.", 'o970bt'], ['u/Acrobatic_Feature737', 18, '2021-06-28 01:42', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39jwz1/', 'Thank you for taking the time to write this! I was trying to figure out a few things amd I hope you dont mind me asking. First as far as rewards for burrying- the first 33% is paid out in weekly installments- correct? And on the topic of staking what happens to the 67% that is locked for 6 months should I decide to unstake early? I see the majority of people plan on burrying only, but I am trying to figure out what a good initial ratio of digging / burrying would be for Shib tokens in order to get some bone working early- Dig 20%, bury 80%? Thanks again!!', 'o970bt'], ['u/SenorSalisbur... 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:** ['Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S. Securities and Exchange Commission filing . Morgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients. In April , the firm allowed a handful of its funds to invest indirectly in bitcoin through cash-settled futures contracts and Grayscale’s Bitcoin Trust, including the Institutional Fund, Institutional Fund Trust, Insight Fund and Variable Insurance Fund. Each fund may invest up to 25% of its assets in bitcoin, according to earlier SEC filings. The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments. Related: Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining In March, Morgan Stanley debuted bitcoin investment fund products for high-net-worth clients and began recruiting for a cryptocurrency and blockchain lead analyst. Grayscale is owned by CoinDesk parent company Digital Currency Group. Related Stories Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning', 'Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S.Securities and Exchange Commission filing.\nMorgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients.In April, the firm allowed a handful of its funds to invest indirectly inbitcointhrough cash-settled futures contracts and Grayscale’s Bitcoin Trust, including the Institutional Fund, Institutional Fund Trust, Insight Fund and Variable Insurance Fund.\nEach fund may invest up to 25% of its assets in bitcoin, according to earlier SEC filings. The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments.\nRelated:Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining\nIn March, Morgan Stanley debuted bitcoin investment fund products forhigh-net-worth clientsand began recruiting for a cryptocurrency and blockchain lead analyst.\nGrayscale is owned by CoinDesk parent company Digital Currency Group.\n• Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K\n• UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit\n• Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning', 'Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S.Securities and Exchange Commission filing.\nMorgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients.In April, the firm allowed a handful of its funds to invest indirectly inbitcointhrough cash-settled futures contracts and Grayscale’s Bitcoin Trust, including the Institutional Fund, Institutional Fund Trust, Insight Fund and Variable Insurance Fund.\nEach fund may invest up to 25% of its assets in bitcoin, according to earlier SEC filings. The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments.\nRelated:Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining\nIn March, Morgan Stanley debuted bitcoin investment fund products forhigh-net-worth clientsand began recruiting for a cryptocurrency and blockchain lead analyst.\nGrayscale is owned by CoinDesk parent company Digital Currency Group.\n• Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K\n• UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit\n• Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning', "Market Shock Demonstrates the Importance of Stablecoins Singapore, Singapore--(Newsfile Corp. - June 29, 2021) - Stablecoins are currently entering a new phase of development. They are playing an increasingly important role, within both the traditional crypto-world and also in cross-border payments. Unlike the traditional over-collateralized stablecoin, the release of the new stablecoin protocol Mars Ecosystem has developed brings a new option to the table. Mars Ecosystem To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/7987/88996_bd91eb4fd43b0b5d_001full.jpg Mars Ecosystem - as proposed by MarsDAO - intends to bring a paradigm shift to the current stablecoin systems. The protocol proposed for the Mars Stablecoin (USDM) is fully decentralized, price-stable, capital-efficient as well as being highly scalable. With this the Mars Treasury has the potential to become the 'central bank' of the the DeFi world. Mars Ecosystem will operate through three integrated protocols: Mars Treasury, Mars Stablecoin, and Mars DeFi. The combination of these protocols ensures that USDM is minted and utilized within its native ecosystem. Mars DeFi is significant as it allows brings a native platform for users to maximize both profit and growth of their assets. An Initial NFT Offering Mars Ecosystem has developed an NFT which will be available to community co-builders and users who participate in community activities. Futher information regarding the Mars Ecosystem NFT has yet to be disclosed. With the launch of the Binance NFT market there is the possibility that Mars Ecosystem will develop further NFTs. The addition of this NFT intends to bring next-level creativity to this decentralized central bank protocol. How does Mars Ecosystem work? Mars Ecosystem has two native tokens, the stablecoin USD-Mars (USDM), and a governance token - Mars Ecosystem Token (XMS). The minting process of USDM works in a way that allows the stablecoin to be minted at a 1:1 ratio to the USD value of the collateral. $1 of any whitelisted asset will mint 1USDM. Whitelisted assets have been divided into the following five levels: Stablecoins Digital Gold (BTC) Layer-1 Leaders (ETH, BNB, etc.) DeFi Blue Chips (UNI, AAVE, etc.) Mars Ecosystem Token (XMS) The volatility of the assets increases gradually between level one and level five. Mars Treasury will determine the maximum proportion accepted for any given asset to be held within the treasury in proportion to the given asset's volatility. The higher the volatility of an asset, the lower the maximum accepted proportion within the Mars Treasury. Story continues The redemption of USDM also is also done through the Mars Treasury. For each USDM deposited the user will receive the dollar value in Mars Ecosytem Token (XMS). The asymmetrical mint/redeem mechanism is crucial as it prevents the 'bank run' issue - recently seen with the TITAN token on the Polygon network. Mars Ecosytem have also implemented further security controls into the protocol. As well as the asymmetric Mint/Redeem mechanism - there is also a Mintage Control Mechanism. The maximum circulating supply of USDM is to be determined by the Market Cap of XMS. If the support ratio for XMS is 3, then the Market Cap of XMS will be 3x the maximum USDM minted. The ratio is expected to change in the future if proposed and successfully passed by the DAO. How does USDM achieve price stability? The asymmetric nature of the USDM mint/redeem mechanism allows excellent arbitrage opportunities and constant liquidity. This liquidity and arbitrage opportunity allows USDM to achieve market-initiated value reversion as it fluctuates up or down from its $1 peg. If there is a premium on the USDM that exceeds $1 in the open market, users can deposit an asset to the Mars Treasury which will mint the USDM with the same dollar value - the minting ratio will be 1:1 but the user is free to exchange the token at the higher rate on the open market and take profit. As people take advantage of the arbitrage opportunity the price will soon stabilize back at $1. Similarly, if the USDM has a negative premium, users can buy the USDM at a price below $1. When depositing USDM in the Mars Treasury they will receive equal dollar value to the deposit, allowing for profit to be made on both sides. As people buy USDM to take advantage of this opportunity the price will quickly stabilize again. With this mechanism in place there will be room for arbitrage when the entire USDM deviates in value in either direction. The existence of this arbitrage mechanism ensures that any deviation from the $1 peg will quickly be corrected allowing for the stablecoin to be truly stable. Traditional lending based stablecoin protocols such as MakerDAO allow the collateral assets in the agreement to be redeemed at any given time. The ownership still belongs to the user. Deposit collateral asset to mint stablecoin, deposit stablecoin to release collateral. Mars Ecosystem have looked into the negative aspects of traditional protocols and created a mechanism that avoids the risks associated with them. Once the collateral asset is deposited in the Mars Ecosystem protocol they can no longer be redeemed directly, which is different from the traditional 'collateral-generating' stablecoins. At the same time, Mars can effectively avoid a perpetual downward spiral due to the organic arbitrage opportunity. This allows USDM to become a truly decentralized stablecoin that can grow securely and rapidly, both organically and without risk. When is the Protocol Going Live? During the last week of June or early July Mars Ecosystem will release its USDM stablecoin during a celebratory 'Genesis Launch' event - details of this will be published shortly. The launch will include the Mars Treasury going live, allowing users to mint and redeem USDM. It will also include the introduction of liquidity pools and reward **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: 2021-06-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $680,991,545,062 - Hash Rate: 89177797.47926754 - Transaction Count: 205616.0 - Unique Addresses: 566351.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrencies recovered some of their losses after a turbulent weekend, floating up into the green following another session in which they were spooked by China. On Sunday, the largest cryptocurrency bitcoin (BTC-USD) sank following reports Chinese social media site Weibo suspended "key opinion leaders" (KOL), reigniting fears of further crack down in the country. By Monday midday, bitcoin was 1.6% up, to trade at $36,580. Ethereum (ETH-USD) — the world's second largest crypto by market cap — was more than 4.4% higher, by midday in London to trade at $2,831. Meme-inspired dogecoin (DOGE-USD), which had lost as much as 6% over the weekend, ticked up 1.5%. Weibo (WB), blocked some crypto influencer accounts on Saturday,Coindeskreported, citing violation of unspecified laws and Weibo community rules. However, accounts not involved in ads of exchanges have not been blocked, according to Chinese crypto journalistColin Wu. Read more:Bitcoin and other cryptos fall after Chinese social media site Weibo blocks Further action from the country is expected which would link crypto more directly with criminal law,the Guardian reported, citing analysts and a financial regulator. The country is testing its own digital currency, which could lead to ramped up regulation on crypto. Watch: What are the risks of investing in cryptocurrencies? Weibo's action comes following a campaign by Chinese media to step up reporting against crypto trading. This included reports from the Xinhua news agency on a number of crypto-related scams. CCTV, the state broadcaster also said that, as an asset which sees light regulation, it is often used in black market trade. The environmental impact of cryptos has also been a source of much concern lately and North American bitcoin miners are working to bring transparency to their energy consumption, through the Bitcoin Mining Council. US financial services firm, Square announced on Saturday it will invest $5m to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in America through a partnership with the blockchain technology provider. Tesla (TSLA) boss Elon Musk also sparked a sell-off after saying the electric carmaker wasabandoning plans to accept bitcoin as paymentdue toenvironmental concerns. Watch: What is 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:** ["LOS ANGELES, CA / ACCESSWIRE / June 29, 2021 /The Private Business Club, Shkilev, an advanced wealth building and networking platform designed to help people leverage their personal standing, has officially launched this week.\nIn conjunction with the up-and-coming premier PR firm, Shkilev, is on a mission to make wealth building strategies accessible to everyone. The Shkilev firm is a new kind of PR and investment platform poised to change people's lives by offering social media, PR, investment, and media support throughout a wide range of social media sites, including Asian sites like WeChat and Kakaotalk.\n“For those who want to market and spread awareness on their brand, product, or service, their extensive team is available and at-the-ready,” said Nikolay Shkilev. “We bring a collective expertise from media, PR, social media marketing, investing, and blockchain to the forefront of what we do every day, helping people to secure passive income and massive online exposure. It's what we love to do.”\nToday, Shkilev offers VIP marketing, advice, investment support, and listing on cryptocurrency exchanges for clients. The team works with a network of 200k+ bloggers and the top PR brands in the world, including Business Insider, Bitcoin.com, Entrepreneur Magazine, and The New York Times.\nBy utilizing an extensive network of influencers, positioned around the world, Shkilev can get clients with any company, product, or service into news channels throughout the globe.\nLastly, Shkilev offers personal one-on-one coaching to individuals who are ready for a quality change in their life. The team provides support, resources, and insight into launching businesses, pivoting platforms, increasing sales, and garnering attention through various internet channels.\nFor more information, visit:https://shkilev.com/.\nMedia DetailsWebsite URL:AscendAgency.comCompany Name: Ascend AgencyEmail address:[email protected]: USA\nSOURCE:Shkilev\nView source version on accesswire.com:https://www.accesswire.com/653064/VIP-Marketing-and-Investment-Support-Firm-Officially-Launches", 'By Peter Nurse Investing.com - The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of Covid-19 cases in Asia prompts risk aversion ahead of the release of key U.S. jobs data. At 2:05 AM ET (0605 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 92.080, just off the one-week high hit during the previous session. USD/JPY was largely flat at 110.50, even though Japan\'s industrial output posted the biggest monthly drop in a year in May, EUR/USD was also flat at 1.1898, after falling overnight, GBP/USD rose 0.1% at 1.3841, with U.K. first-quarter GDP falling 1.6% on the quarter, while the risk-sensitive AUD/USD was up 0.1% at 0.7518, after slumping around 0.7% overnight. Risk appetite has taken a hit of late as the spread of the virulent delta strain of the Covid-19 virus through many Asian countries has caused the reimposition of restrictions. Australian officials extended lockdown and social distancing measures to more of the country on Wednesday, with four major cities already under a hard lockdown. This added to restrictions already announced in the likes of Indonesia, Malaysia and Thailand. “The price action in G10 FX at the start of this week has temporarily diverged from a carry-trade-like dynamic, taking the form of a risk correction, with the dollar and the yen gaining to the detriment of high-beta currencies,” said analysts at ING, in a note. Away from news about the coronavirus, there remains some uncertainty ahead of Friday’s closely watched U.S. jobs report , given the importance the Federal Reserve has placed on the recovery of the labor market. A strengthening labor market could prompt the Fed to rein in its accommodative monetary policy earlier than expected, giving the dollar a boost, but disappointing data will leave the dollar in a vulnerable position, especially after the Fed’s hawkish tone at its last meeting. Ahead of Friday\'s payroll data, the ADP nonfarm employment release is due at 8:15 AM ET (1215 GMT), with this private-sector hiring report expected to detail 600,000 new jobs, down from the previous month’s 978,000. Before that, Eurozone consumer prices are due at 5 AM ET (0900 GMT), and are expected to tick down in year-on-year terms. That may take the wind out of the sails of the ECB\'s more hawkish members such as Germany\'s Jens Weidmann, who said in a speech on Monday that "the risks around the price outlook have shifted...upside risks to price developments being predominant." Improved pricing conditions were also a feature of the European Commission\'s Eurozone business confidence survey that was released on Tuesday. Story continues Elsewhere, USD/CNY fell 0.1% to 6.4564, after China’s manufacturing purchasing managers index came in at 50.9 for June, slightly higher than the 50.8 expected but lower than May’s 51 reading, falling to a four-month low. The non-manufacturing PMI was 53.5 in June, below the previous month’s 55.2. Related Articles Dollar Retains Recent Strength; ADP Employment Data Due Bitcoin rises 5.4% to $36,361.69 U.S. dollar gains as new virus outbreaks seen undermining global recovery View comments', 'By Peter Nurse\nInvesting.com - The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of Covid-19 cases in Asia prompts risk aversion ahead of the release of key U.S. jobs data.\nAt 2:05 AM ET (0605 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 92.080, just off the one-week high hit during the previous session.\nUSD/JPY was largely flat at 110.50, even though Japan\'s industrial output posted the biggest monthly drop in a year in May, EUR/USD was also flat at 1.1898, after falling overnight, GBP/USD rose 0.1% at 1.3841, with U.K.first-quarter GDPfalling 1.6% on the quarter, while the risk-sensitive AUD/USD was up 0.1% at 0.7518, after slumping around 0.7% overnight.\nRisk appetite has taken a hit of late as the spread of the virulent delta strain of the Covid-19 virus through many Asian countries has caused the reimposition of restrictions.\nAustralian officialsextended lockdown and social distancing measuresto more of the country on Wednesday, with four major cities already under a hard lockdown. This added to restrictions already announced in the likes of Indonesia, Malaysia and Thailand.\n“The price action in G10 FX at the start of this week has temporarily diverged from a carry-trade-like dynamic, taking the form of a risk correction, with the dollar and the yen gaining to the detriment of high-beta currencies,” said analysts at ING, in a note.\nAway from news about the coronavirus, there remains some uncertainty ahead of Friday’s closely watched U.S.jobs report, given the importance the Federal Reserve has placed on the recovery of the labor market.\nA strengthening labor market could prompt the Fed to rein in its accommodative monetary policy earlier than expected, giving the dollar a boost, but disappointing data will leave the dollar in a vulnerable position, especially after the Fed’s hawkish tone at its last meeting.\nAhead of Friday\'s payroll data, theADP nonfarm employment releaseis due at 8:15 AM ET (1215 GMT), with this private-sector hiring report expected to detail 600,000 new jobs, down from the previous month’s 978,000.\nBefore that,Eurozone consumer pricesare due at 5 AM ET (0900 GMT), and are expected to tick down in year-on-year terms. That may take the wind out of the sails of the ECB\'s more hawkish members such as Germany\'s Jens Weidmann, who said in a speech on Monday that "the risks around the price outlook have shifted...upside risks to price developments being predominant." Improved pricing conditions were also a feature of the European Commission\'s Eurozone business confidence survey that was released on Tuesday.\nElsewhere, USD/CNY fell 0.1% to 6.4564, after China’smanufacturing purchasing managers indexcame in at 50.9 for June, slightly higher than the 50.8 expected but lower than May’s 51 reading, falling to a four-month low. Thenon-manufacturing PMIwas 53.5 in June, below the previous month’s 55.2.\nRelated Articles\nDollar Retains Recent Strength; ADP Employment Data Due\nBitcoin rises 5.4% to $36,361.69\nU.S. dollar gains as new virus outbreaks seen undermining global recovery', 'Australia needs to tread carefully should it eventually launch a crypto exchange-traded product (ETP), the country\x92s financial regulator said Wednesday. In a consultation paper from the Australian Securities and Investment Commission (ASIC), the regulator is reaching out to market participants for feedback on whether crypto underlying products can meet existing ETP expectations. ASIC said it is attempting to evaluate whether cryptos are appropriate underlying assets, whether they could be reliably priced, and how they should be classified with respect to underlying asset rules, according to the paper. Related: Bitcoin Upside Stalls; Could Find Support Near $30K-$33K The paper seeks feedback in two main areas on how an ETP may affect the market including compliance costs and effects on competition. ASIC\x92s request for feedback comes as the Australian Securities Exchange, one of the country\x92s major bourses, is considering applications for the launch of a domestic ETP by year\x92s end. \x93At this point in time, in our view, the only crypto-assets that are likely to satisfy these factors are bitcoin and ether ,\x94 the regulator said. How product issuers can ensure these products are compliant with the existing regulatory framework, including with respect to custody, risk management and disclosure were also mentioned for consideration. In Australia, there are three types of categories that fall under an ET **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: 2021-06-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $680,991,545,062 - Hash Rate: 88186933.06283121 - Transaction Count: 218734.0 - Unique Addresses: 567655.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: INDIANANPOLIS (AP) — As the minutes ticked closer to the green flag, Roger Penske took in the pageantry from a perch overlooking the Indianapolis Motor Speedway he owns. Then he glanced at his watch. The time? Time to throw open the doors and usher in thousands of Indianapolis 500 fans wearing checkered flag masks and shorts and let them cut loose. “I’m ready to go. We’ve been waiting a year and a half for this,” Penske said. The largest crowd in the world for a sports event showed up in joyous force on Sunday, 135,000 of them packing the stands at Indianapolis Motor Speedway. It was only 40% of capacity — that was the figure deemed safe in the pandemic — but it felt like a full house nonetheless. The fans were treated to a victory by one of the most popular drivers in IndyCar history as Helio Castroneves grabbed the lead late and pulled away for his fourth win in the showcase race . They cheered wildly as he clambered up the fence for his trademark victory celebration. He was mobbed by fans and security was needed to clear a path as he walked down the stairs from Victory Circle and toward the Yard of Bricks. “Every turn, you see everyone with my shirt in different teams,” Castroneves said. “There were so many people cheering. Look, this is a very special moment and it is part of history and I'm so honored to be in this position today.” Indy 500 fans Jameson and Kimmy Terzini were surely going wild after they clipped on a mannequin of Castroneves scaling their front porch in victory as part of the “Spectacle of Homes” contest meant to spark civic pride. That's just how much the Brazilian means to Indy 500 — and most of them refused to leave the track long after Castroneves won the race. The win helped make it feel like things were back to normal on a cool, cloudless day. The pork tenderloin line? Long. The merchandise shop lines? Long enough to stretch outside the store and mesh with the concession lines. Pit road. Packed. Parking lots. Full. COVID-19 concerns. About none. Story continues The public address announcer asked fans to salute the field of 33 cars as they zipped around the illustrious track on the warm-up lap. Thousands and thousands of fans doffed their caps and roared in approval of the drivers. Banned from the track last August, as a delayed Indy 500 became an empty Indy 500, Sunday’s race seemed to serve as a symbolic milestone that sports in the United States is truly back and open for business. Indy fans and dignitaries mixed with NFL players, pro wrestlers and social media celebrities at the Brickyard. Josh Richards, who boasts 25 million Tik Tok followers, reached 100,000 views within 30 minutes of posting a video from the grid. Indy is in a whole new era -- long gone are the days Mrs. Brady and Gomer Pyle taking center stage -- and that includes for fans who for the first time gawked at lineup intros and other hype videos around the track on 30 LED display boards added since 2019. The celebrities are getting an overhaul and so are the sponsors. Former NFL tackle Russell Okung is an investor in driver Rinus VeeKay’s Bitcoin-sponsored car and told team owner Ed Carpenter the cryptocurrency would invest in the race team “forever.” There was a QR code on the car that went straight to website conversion between U.S. dollars and Bitcoin. “We’re making history right now,” Okung said. If he wanted a true sense of 500 history, he could have walked further down pit road where team owner Beth Paretta watched as the finishing touches were put on her predominantly female team with driver Simona de Silvestro. Paretta, backed by Penske as part of his push for diversity, said four female team members would be part of the over-the-wall crew. “The greatest achievement is if every team has women integrated into their teams because women can do most of these jobs,” Paretta said. “They can certainly do them very well. We’d like to do some races later this year and hopefully more next year.” Danica Patrick was once assumed to usher in a generation of female drivers at Indy after her third-place finish in 2009. Working for NBC, the retired Patrick still drew a packed crowd in front of the pagoda, the Speedway’s most visible landmark. She also drove the pace car. “This Is Us” star Milo Ventimiglia first trip to Indy came with a fast thrill -- Mario Andretti drove him around the famed track in a two-seater ride a day before he waved the green flag to start the race. Through vaccinations — including more than 90,000 done at the speedway itself — Penske and speedway officials got the clearance for IMS to all these fans. Justin Brammer of Noblesville, Indiana, said he had no hesitation about attending his first Indy 500 and said the event proved sports could be pulled off safely. “Hopefully, this gives other people confidence around the country that if we could pull it off, it gets everybody back to somewhat normal,” he said.” Oh, and Indy is just getting started. “Let’s just be sure we get the race off and next year let’s blow the roof off the place,” Penske said.... - 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 S&P 500 hit new records on the final day of the second quarter. The benchmark index has climbed over 14% in the first half of 2021 and is up roughly 27% from its pre-pandemic levels in February 2020. This helps provide more context for where Wall Street is at the moment and might help ease some worries that the market is super overheated.\nThe Nasdaq has also soared back to new highs to end Q2, with the technology-heavy index up roughly 12% since May 12. Wall Street has used every pullback and healthy recalibration in big tech as a chance to buy their favorite stocks, from titans such as Microsoft MSFT and Adobe ADBE to countless growth names, at discounts.\nWall Street has driven stocks to highs amid the low volume summer in the face of inflation fears. The market has seemingly shrugged off the possibility of higher interest rates and the yield on the 10-year U.S. Treasury note has actually slipped back to 1.47% from 1.75% in late March.\nThe ability to look beyond rising prices amid the booming U.S. economy could mean Wall Street understands thatthere is no alternativeinvesting won’t end anytime soon, with interest rates set to remain historically low even when the Fed begins to lift them. This means investors will likely be left chasing returns in equities for the foreseeable future.\nImage Source: Zacks Investment Research\nThe growth is, of course, supported by the resurgent U.S. economy and the impressive S&P 500 earnings picture that is expected to keep getting better (also read: Q2 Earnings Growth Reflects More Than Easy Comps).\nAll that said, some investors might be hesitant to buy stocks with the market at new highs, and there are clearly valid reasons to avoid doing so. But timing the market is extremely difficult and trying to do so can lead to buying high and selling low and missing out on comebacks.\nInstead, long-term investors, with horizons of a year or longer are often better suited buying strong stocks and staying constantly exposed to the market even during dips and corrections, which are healthy and common. Today we dive into two stocks poised to grow in a world dominated by technology that might be worth buying in Q3 and beyond…\nRoku ROKU\nThe pandemic cemented streaming TV as the future of entertainment in the U.S. and beyond, after its ascendance helped Netflix NFLX become one of the star stocks of the last decade. In the last several years, Apple AAPL and Disney DIS have stormed into the streaming market to take on NFLX, Amazon AMZN, and others. Disney already crushed its own subscriber goals and laid out a lofty new path and Netflix has amassed over 200 million subscribers worldwide.\nClearly, streaming is a space Wall Street wants to cash in on and Roku is one of the only pure-play streaming stocks not named Netflix. The company rose to prominence on the back of its small devices that plug into TVs and allow users to watch streaming TV content. Roku’s tech is also built into smart TVs, and it was the No. 1 smart TV OS sold in the U.S. in 2020, with nearly 40% market share.\nRoku’s hardware is strong, but it became a Wall Street standout because of its ability to sell ad space across its marketplace, taking a piece of streaming service subscription revenue, ad inventory, and more. Roku allows marketers to buy targeted ads, which is crucial since eMarketer projects digital will account for 65% of the roughly $240 billion-a-year ad industry in the U.S. by 2023, up from around one-third a few years ago.\nImage Source: Zacks Investment Research\nThe company also has a Roku Channel that enables users to watch free, ad-supported streaming movies and TV shows. And it boosted its platform with its purchase of the streaming rights to the short-form shows the now-defunct Quibi created.\nFurthermore, Roku bought Nielsen's Advanced Video Advertising business and “entered into a long-term strategic partnership” with the historic marketing research firm and media data giant to further boost its advertising bona fides.\nRoku topped our Q1 estimates in May, with revenue up 78%. And its +$0.54 a share adjusted earnings blew away our bottom-line estimate that called for a -$0.12 loss.The growth wasdriven by its ad-heavy platform revenue that skyrocketed 101% to account for 80% of total sales and it added 2.4 million active accounts to close at 53.6 million. Investors should know Roku’s monetized video ad impressions more than doubled YoY.\nLooking ahead, Zacks estimates call for Roku’s FY21 revenue to surge 53% from $1.8 billion to $2.7 billion, with it set to add another $1 billion, or 39% to end 2022 at $3.8 billion. These estimates would follow 58% top-line growth in 2020, 52% in FY19, and 45% in 2018.\nAt the bottom end, Roku is projected to swing from an adjusted loss of -$0.14 a share to +$0.37 this year, with FY22 set to soar 161% $0.97 a share.\nRoku currently lands a Zacks Rank #3 (Hold), alongside an “A” grade for Growth in Style Scores system. And 16 of the 20 brokerage recommendations Zacks has are “Strong Buys.” ROKU shares have surged 260% in the past year, as part of a much larger run, and it has rebounded right near its February records on the back of a 50% climb since May 12.\nThe resurgence has pushed the stock above overbought RSI territory of 70, which could mean it’s in for a pullback. Therefore, some investors might want to wait for a more enticing possible entry point. But Roku appears like a strong long-term tech buy that’s poised to grow no matter who wins the streaming wars, and it boasts a solid balance sheet.\nSnap Inc. SNAP\nSnap has continually enhanced its social media app that became famous for disappearing photos and videos. Today, Snapchat is full of video content and shows from social media stars to celebrities like Kevin Hart, as well as mega brands like the NFL, Disney, and many others.\nSnapchat’s Discover page has gained traction and it’s been in the booming mobile gaming market for over two years. The company also constantly releases various augmented reality offerings and it launched its Spotlight feature late last year that aims to challenge TikTok.\nSnap’s beefed-up portfolio of entertainment offerings has attracted advertisers as more people disconnect from ad-supported legacy media and simply ignore more traditional online banner ads. Investors should also know that Snap has boasted that in the U.S. it reaches “more than 90% of 13-to-24-year-olds and more than 75% of 13-to-34-year-olds.”\nSnap’s ability to reach this “unduplicated and hard-to-reach audience” has attracted Wall Street’s attention, as it continues to add users and monetize its growing platform, as Facebook FB and other giants face government scrutiny. Snap beat our first quarter estimates, with revenue up 66% and its daily active users up 22% to 280 million. Plus, it posted break-even earnings to top our estimate that called for a loss of -$0.06 a share.\nSnap’s FY21 and FY22 earnings estimates surged since its report, with some positive revisions recently as well. Zacks estimates call for Snap’s FY21 revenue to surge 56% to reach $3.9 billion, with FY22 projected to climb another 49% to $5.8 billion. These estimates would represent its best growth as a public company and follow three-straight years of between 43% to 46% revenue expansion.\nImage Source: Zacks Investment Research\nMeanwhile, Snap is expected to soar from an adjusted loss of -$0.06 last year to +$0.23 a share in FY21, with 2022 set to skyrocket 200% to +$0.69 a share. And the company has blown away Zacks bottom-line estimates in the trailing four periods.\nSnap lands a Zacks Rank #3 (Hold) at the moment, next to an “A” grade for Growth. Like Roku, Wall Street is high on Snap, with 20 of the 25 brokerage recommendations Zacks at “Strong Buys,” with none below a “Hold.”\nSNAP has climbed 190% in the past year, but it fell victim to the growth selling that began in February. Luckily, it has mounted a big comeback, up over 30% since mid-May.\nThe stock closed regular hours Wednesday just off its records at around $68 a share. Despite trading near its records, its trades well below its year-long highs of 27X forward sales at 21.3X. And it still rests below overbought RSI levels at 65.\nClearly, there could be more selling pressure with the Nasdaq at fresh highs. And some might want to wait for Snap to report its Q2 earnings. Of course, as we touched on, investors with long-term outlooks might want to buy Snap now given its ability to constantly evolve its modern media platform that plays into overall smartphone addiction, while attracting a vital demographic in the new age of entertainment.\nBitcoin, Like the Internet Itself, Could Change EverythingBlockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >>\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 reportAmazon.com, Inc. (AMZN) : Free Stock Analysis ReportApple Inc. (AAPL) : Free Stock Analysis ReportMicrosoft Corporation (MSFT) : Free Stock Analysis ReportNetflix, Inc. (NFLX) : Free Stock Analysis ReportThe Walt Disney Company (DIS) : Free Stock Analysis ReportAdobe Inc. (ADBE) : Free Stock Analysis ReportFacebook, Inc. (FB) : Free Stock Analysis ReportSnap Inc. (SNAP) : Free Stock Analysis ReportRoku, Inc. (ROKU) : Free Stock Analysis ReportTo read this article on Zacks.com click her **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: 2021-07-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $652,310,714,447 - Hash Rate: 94132119.56144908 - Transaction Count: 230253.0 - Unique Addresses: 609509.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Saxo Markets, the digital investing subsidiary of Danish bank Saxo, has launched a service enabling trading of three top cryptocurrencies in FX pairs. • The offering matchesbitcoin,etherandlitecoinagainst the euro, U.S. dollar and Japanese yen, initially for Saxo Markets’ clients in Singapore and Australia. • Rollout to other key markets will follow in the coming weeks, a Saxo Markets spokesperson told CoinDesk. • The news marks Saxo Markets’ first new crypto offering since 2017 when it launched exchange-traded notes (ETNs) tracking bitcoin and ethereum. • The new offering is designed to complement the company’s existing range of crypto trackers and ETNs, according to Saxo’s emailed announcement Tuesday. • The cryptocurrency traded will be in the form of derivatives rather than the actual coins. • Retail clients will be able to trade on 60% margin with accredited investors trading on 40% or 50%. See also:Bitcoin Starting to Lead FX Markets, Analysis of Tesla Reaction Shows: Report • Indonesia Considers Levying Tax on Crypto Profits • Crypto Markets, Apart From Dogecoin, Join US Stock Sell-Off as Yellen Warns on Rates • Robinhood Suffers Crypto Trading ‘Issues’ as Ether, Dogecoin Soar • State Street May Start Trading Crypto on Platform It’s Helping Build... - Reddit Posts (Sample): [['u/Cryptofare', 'Bitcoin Yield Farming', 20, '2021-07-01 00:14', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/', 'Anyone have any recommendations for the best BTC yield farming/rewards options? I recently started the WBTC/IBBTC pool on SushiSwap (current APY 17%). Just wanted to know if there were other opportunities out there besides BadgerDAO', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/', 'ob7xi3', [['u/Hascon', 12, '2021-07-01 01:22', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/h3mbgw3/', '>pay 4% upfront at $BTC, earn an exponential decay curve at $FISH \n \n> \n>Can be good, can be very bad...', 'ob7xi3'], ['u/OWbeginner', 20, '2021-07-01 03:12', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/h3mocoy/', "Be aware that a BTC on any of these protocols is not as secure as a BTC sitting in your wallet. A ibBTC is not a BTC and then on top of that you're staking it into a smart contract that may be insecure. Audits are not infallible. There's a reason there's a high return.", 'ob7xi3']]], ['u/MorpheusIndustry', 'Today marks 1 year since Ghislaine Maxwell made her last reddit post', 185, '2021-07-01 00:31', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/', 'For those out of the loop, here is a thread of evidence that suggests she is a reddit mod: https://np.reddit.com/r/conspiracy/comments/hnfx0r/not_confirmed_but_research_suggests_that/\n\nIt has been a full year since Ghislaine Maxwell made her last reddit post, about bitcoin. Her moderator account and the other moderator account seemingly associated with it have not posted since. This "man from Malaysia" has gone on an awful long "vacation"!\n\nHer position as a powerful moderator on a social media platform with an incredible amount of traffic makes sense considering her background and the identity she held. A man named Nazir Afzal prosecuted Ghislaine Maxwell in 1996. He said that Ghislaine Maxwell described herself as an "internet professional". I came across this info in this interview by Shaun Attwood, but the video has been made private: https://www.youtube.com/watch?v=OcXSizdhYtQ\n\nShe also described herself as an "internet operator" according to this 2001 article: https://www.scotsman.com/news/misery-maxwell-house-2510066', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/', 'ob88ks', [['u/vanmac82', 17, '2021-07-01 00:37', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m60aq/', 'Tread lightly but without ceasing', 'ob88ks'], ['u/SoccerIzFun', 19, '2021-07-01 00:42', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m6m5x/', 'This is wild.\n\nWas there any suspicion that it was her before she was arrested?', 'ob88ks'], ['u/initiationviper', 20, '2021-07-01 00:44', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m6siw/', 'Totally. The username was what made people suspect initially I believe', 'ob88ks'], ['u/SoccerIzFun', 14, '2021-07-01 00:46', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m74cv/', "Thanks for replying. And then stops posting when she's arrested? Wow.", 'ob88ks'], ['u/initiationviper', 11, '2021-07-01 01:09', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m9vv6/', 'Exactly. Crazy shit. The username by the name was Maxwellhill I believe', 'ob88ks'], ['u/[deleted]', 13, '2021-07-01 03:08', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3mnvrd/', 'Both of her sisters work in tech, and she would want to spread progressive propaganda for her friends as a top moderator on one of the worlds most used sites. I bet it gets boring sitting around all day being rich while your boyfriend is diddling teens in the next room, this was her outlet. Lmfaooo she has a submarine license let’s talk about TERRAMAR \nWhat is it? Where is it? Who lives there?', 'ob88ks'], ['u/LimitSavings737', 17, '2021-07-01 04:24', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3mwwxs/', 'Former ceo of reddit admitted she knew of maxwell child abuse since 2011 but didnt speak up. The user didnt moderate just any board it was r/news. And the user posted pretty much everyday until maxwells arrest and then never again', 'ob88ks']]], ['u/anakanin', 'The subreddit that wants to see Bitcoin die', 10, '2021-07-01 02:14', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/', '\nNo, it’s not r/boomershumor or r/banking. Sub is called buttcoin and I must admit, it’s almost good change of atmosphere from everyone being bullish and screaming “undervalued”, “crypto on discounts”. It’s not as much of a hate towards crypto but a bit more harsh look at the technology we are dealing with.\n\n>David Gerard has not a kind word to spare for any part of the $1.4 trillion cryptocurrency market. “It’s dumb nerd money that nerds use to try to rip each other off,” he says. Bitcoin in particular earns his ire. “Its history is a series of get-rich-quick schemes,” says Gerard, a 54-year-old IT administrator in London. He does not even have anything nice to say about the widely applauded technology underlying crypto, the digital ledger system known as the blockchain. “A pile of nonsense,” he concludes. \n\n>He has amassed a modest Twitter following spouting off like this (13,300 followers) and has self-published several books on the subject (Attack of the 50 Foot Blockchain and Libra Shrugged: How Facebook Tried To Take Over the Money). When Gerard wants to commune with other crypto haters, he heads over to a burgeoning corner of the web: a Reddit forum called Buttcoin, the name a suggestion that cryptocurrencies are, well, a waste of time. He often posts there several times a day and spends more time commenting on what the group’s other 63,000 members publish. “Every other Reddit about cryptocurrency is full of cultists! Or marketing shills. Or both,” he says.', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/', 'oba26r', [['u/warmbookworm', 17, '2021-07-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/h3min5e/', ">the name a suggestion that cryptocurrencies are, well, a waste of time. He often posts there several times a day and spends more time commenting on what the group’s other 63,000 members publish\n\ncrypto are a waste of time, but spending time shitting on crypto isn't a waste of time.", 'oba26r'], ['u/Furian-Athenos', 10, '2021-07-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/h3mio9r/', 'I thought this was satire at first. Imagine the waste of energy to just go on Reddit to talk trash on Crypto, who hurt you buddy?', 'oba26r']]], ['u/manitowoc2250', 'Question about halving', 11, '2021-07-01 02:27', 'https://www.reddit.com/r/Bitcoin/comments/oba9x3/question_about_halving/', "Hello all. So my question is simple, I've been researching lately that everytime a halving event is due there's these huge run ups in bitcoin, it may take a year or so but is that what makes bitcoin more valuable? The next one is in 2024. Is buying in now and holding for 3 years the ideal strategy? \n\nWhen lambo...", 'https://www.reddit.com/r/Bitcoin/comments/oba9x3/question_about_halving/', 'oba9x3', [['u/JG-NUKE', 19, '2021-07-01 02:33', 'https://www.reddit.com/r/Bitcoin/comments/oba9x3/question_about_halving/h3mjtox/', 'Don’t try to time bitcoin prices. Dollar Cost Average over time and let the overall up trend prevail.', 'oba9x3']]], ['u/rayjensen', 'BTC to break 1 million (extended supercycle with inflation)', 56, '2021-07-01 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h/btc_to_break_1_million_extended_supercycle_with/', 'I don’t own BTC, I do own other crypto assets.\n\nI think btc is set for a supercycle that will top out above $1mil/coin. I’ve seen “conservative” estimates targeting 100-200k but the theoretical limit could be much higher if other factors like hyperinflation come into play. I also think the “double peak” nature of the cycle will increase potential as many speculators will have a second chance to accumulate during this phase. \n\nIf we just consider the slight possibility of hyperinflation it makes the risk/reward potential much more promising. We’ve already seen lumber prices and other raw materials increase in price like oil. In general, just looking at the global economy; it seems extremely over leveraged because USD is over printed and over valued. \n\nConsidering the extended cycle theory it’s expected that this cycle will naturally extend into 2022 and possibly longer. The longer the cycle extends, the more likely it is that it hits during a period of high inflation fear in the market which will synergistically amplify the peak.\n\nIf we do have hyperinflation in the US it will affect the global economy and everyone across the globe will look for alternative stores of value. BTC could easily surpass $1mil per coin if this occurs and the next bear market could see it dropping to 100k/coin as the bottom.', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h/btc_to_break_1_million_extended_supercycle_with/', 'obac2h', [['u/Professional-Bug3272', 163, '2021-07-01 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h/btc_to_break_1_million_extended_supercycle_with/h3mjrkt/', 'How much crack was smoked before this post', 'obac2h'], ['u/CryptoBumGuy', 10, '2021-07-01 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h... 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:** ['Fake COVID-19 vaccination certificates, stolen vaccines and falsified doctors’ signatures are being sold on the dark web forbitcoin.\nAccording to areporton Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines in exchange for a range of cryptos, including bitcoin,ether, dash,litecoin,tron,moneroandzcash.\nConfirm says those kinds of crypto are being chosen because of their ubiquity or the anonymity they offer as privacy coins.\nRelated:Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost\nOne particular dark web vendor, known as the “COVID-19 Vaccine Shop,” appears to be selling vaccines in bulk from AstraZeneca, Pfizer-BionTech, Johnson & Johnson, Moderna and Sputnik V, Coinfirm reported.\nThe report also said fake COVID-19 certificates, which were part of a “probable health sector corruption” from multiple vendors in the U.S., Russia and other countries, were being sold.\nNot only were fake certificates masquerading as proof of vaccination being sold to clients, but their details were being entered into national health systems where in certain instances doctors’ signatures were found.\nOne bitcoin address that received funds for fraudulent vaccine certificates belonged to an exchange registered in Hong Kong that caters “strongly to Eastern European clientele,” Confirm said.\nRelated:Nigeria Is the Lion of Africa in Bitcoin P2P Trading\nCoinDesk attempted to clarify which exchange Coinfirm was referring to and how it identified Eastern Europeans as a major market but did not receive a reply to a request for comment by press time.\nCoinfirm did mention, however, the well-worn issue regarding certain exchanges lacking “know-your-customer” (KYC) controls, allowing for an “easy” fiat on/off ramp for criminals to cash out.\n“It is for these reasons that every obliged entity should institute rigorous KYC policies,” Confirm said.\nSee also:Russia and US Dominate Global Dark Market Traffic: Report\n• Bitcoin News Roundup for July 2, 2021\n• Bitcoin Declines Within Range; Could Find Support at $30K', 'Fake COVID-19 vaccination certificates, stolen vaccines and falsified doctors’ signatures are being sold on the dark web for bitcoin . According to a report on Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines in exchange for a range of cryptos, including bitcoin, ether , dash, litecoin , tron , monero and zcash . Confirm says those kinds of crypto are being chosen because of their ubiquity or the anonymity they offer as privacy coins. Related: Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost One particular dark web vendor, known as the “COVID-19 Vaccine Shop,” appears to be selling vaccines in bulk from AstraZeneca, Pfizer-BionTech, Johnson & Johnson, Moderna and Sputnik V, Coinfirm reported. The report also said fake COVID-19 certificates, which were part of a “probable health sector corruption” from multiple vendors in the U.S., Russia and other countries, were being sold. Not only were fake certificates masquerading as proof of vaccination being sold to clients, but their details were being entered into national health systems where in certain instances doctors’ signatures were found. One bitcoin address that received funds for fraudulent vaccine certificates belonged to an exchange registered in Hong Kong that caters “strongly to Eastern European clientele,” Confirm said. Related: Nigeria Is the Lion of Africa in Bitcoin P2P Trading CoinDesk attempted to clarify which exchange Coinfirm was referring to and how it identified Eastern Europeans as a major market but did not receive a reply to a request for comment by press time. Coinfirm did mention, however, the well-worn issue regarding certain exchanges lacking “know-your-customer” (KYC) controls, allowing for an “easy” fiat on/off ramp for criminals to cash out. “It is for these reasons that every obliged entity should institute rigorous KYC policies,” Confirm said. See also: Russia and US Dominate Global Dark Market Traffic: Report Related Stories Bitcoin News Roundup for July 2, 2021 Bitcoin Declines Within Range; Could Find Support at $30K', 'Fake COVID-19 vaccination certificates, stolen vaccines and falsified doctors’ signatures are being sold on the dark web forbitcoin.\nAccording to areporton Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines in exchange for a range of cryptos, including bitcoin,ether, dash,litecoin,tron,moneroandzcash.\nConfirm says those kinds of crypto are being chosen because of their ubiquity or the anonymity they offer as privacy coins.\nRelated:Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost\nOne particular dark web vendor, known as the “COVID-19 Vaccine Shop,” appears to be selling vaccines in bulk from AstraZeneca, Pfizer-BionTech, Johnson & Johnson, Moderna and Sputnik V, Coinfirm reported.\nThe report also said fake COVID-19 certificates, which were part of a “probable health sector corruption” from multiple vendors in the U.S., Russia and other countries, were being sold.\nNot only were fake certificates masquerading as proof of vaccination being sold to clients, but their details were being entered into national health systems where in certain instances doctors’ signatures were found.\nOne bitcoin address that received funds for fraudulent vaccine certificates belonged to an exchange registered in Hong Kong that caters “strongly to Eastern European clientele,” Confirm said.\nRelated:Nigeria Is the Lion of Africa in Bitcoin P2P Trading\nCoinDesk attempted to clarify which exchange Coinfirm was referring to and how it identified Eastern Europeans as a major market but did not receive a reply to a request for comment by press time.\nCoinfirm did mention, however, the well-worn issue regarding certain exchanges lacking “know-your-customer” (KYC) controls, allowing for an “easy” fiat on/off ramp for criminals to cash out.\n“It is for these reasons that every obliged entity should institute rigorous KYC policies,” Confirm said.\nSee also:Russia and US Dominate Global Dark Market Traffic: Report\n• Bitcoin News Roundup for July 2, 2021\n• Bitcoin Declines Within Range; Could Find Support at $30K', 'BeinCrypto spoke to Tim Draper from Draper Associates about his work investing in blockchain, what he looks for in companies and how people benefit from bitcoin.\nDraper is a venture capitalist with a long history of successful investments, especially in emerging tech spaces. From the dot.com bubble to the current crypto wave, Draper has been front and center to some world-changing companies.\nWhen it comes to crypto, Draper has been in the game a while. Recently, in 2019 he joined Alon and Josef as part of the blockchain venture studio and fundDraper Goren Holm.\nDraper’s investment history is impressive. In addition to coming from a family well-versed in the venture capital game, he has made a success in his own right. Among his investments in the tech sector are Hotmail and Tesla.\nUnsurprisingly, for someone who has made a career of looking for prominent prospects, he’s been in the crypto game from fairly early on.\n“I have been looking for digital currency to be a part of our world since 2002 when I saw video games with currencies attached. I thought the games would start doing currency exchange across games, but instead, Satoshi Nakamoto created this incredible currency in Bitcoin,” he explains.\n“I became aware of it in 2010. Bought some, lost it to Mt. Gox, and then bought again when the US Marshall’s office auctioned off the Silk Road tokens.”\nRather than losing faith in crypto, Draper has been quoted many times promising a positive outlook, especially for bitcoin.\nIn an interview with Fox Business in 2014, hepredicted bitcoin would reach $10,000“in the next three years.” Following the halving, bitcoin broke $13,000 at the beginning of 2018.\nHis next prediction following the next halving hasbitcoin at $250,000.\nWhile keen on long-term predictions, Draper has been quoted expressingless interest in short-term outlooks.He said short-term predictions are nullified because of the possibility of large buy or sell orders.\nHowever, Draper isn’t just bullish on bitcoin. Rather he embraces blockchain technology as a whole. He considers it the technology of the future of not only finance but also multiple other sectors.\nAs a result, when he was approached by Alon Goren and Josef Holm, getting involved with their venture studio made sense.\n“The three of us were convinced that bitcoin, blockchain, and smart contracts were the technologies that would drive the future of finance and the future of other enormous industries like insurance, banking, commerce, even government. We picture a more frictionless economy and a freer, more transparent, decentralized world, driven by a more trusted and trustworthy system than fiat.”\nSo far, the group has backed blockchain ventures, including the Tezos Ecosystem, CasperLabs, Rivet, and Kalamit, among others.\nDraper considers himself to be “providing the fuel” for entrepreneurs whose projects will create the trusted, decentralized world he envisions.\nHowever, since he is providing the momentum to get these projects off the ground, who he picks is important.\nRegarding how he chooses projects to work with, Draper says,\n“I look for uniqueness, importance and founder dedication.”\nThis approach has served him well so far. Plenty, a DeFi investment by the fund has $31 million total value locked despite only being in beta.\nFro Draper, these investments aren’t just a possible profit-making mechanism. As mentioned, he firmly believes in the benefits blockchain and cryptocurrencies could bring to people.\n“People everywhere will benefit from bitcoin because they will not have to pay the banks 2-4% every time they swipe their credit cards. Families will benefit whe **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: 2021-07-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $619,775,218,322 - Hash Rate: 89177797.47926754 - Transaction Count: 188568.0 - Unique Addresses: 532456.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Mass cremation of coronavirus disease (COVID-19) victims at a crematorium in New Delhi If overburdened crematoriums weren’t enough, India now has unidentified bodies washing up the banks of river Ganga, adding to the worry that the country is vastly undercounting its Covid-19 deaths. Nearly six weeks since the Covid-19 situation in the country became alarming, the number of deaths because of the disease reported from various districts has been inconsistent with data from crematoriums and graveyards. Indian newspapers in regional languages like Gujarati have been doggedly calling out the state government for glaring gaps in death reporting. “Nobody is understanding the challenges of supplying oxygen to a nation that is at war” Even in large metropolises like Delhi , the deaths officially counted by the government are far fewer than those counted by the civic authorities overseeing crematoriums. There is now fear that India will never truly know the extent of the fatalities from this pandemic, given how many deaths go unnoticed even under normal circumstances. A long history of unrecorded deaths Can Bitcoin ever really be green? A 1969 law mandates that all births and deaths are legally registered in India. While the country’s abysmal record-keeping in this regard has improved since 1970 when the Registration of Births and Deaths Act was implemented, it still remained at 86% as of 2018, according to the Civil Registration Scheme report (pdf), an annual report by the government on death and birth data. That means, nearly 14% of all deaths are not officially recorded. This figure is based on surveys that collect data from households about births and deaths, and then tabulate that with the figures officially registered with civic authorities in the states. According to the National Family Health Survey last conducted in 2019-2020 , death reporting was an uneven exercise across the country. While some southern states like Goa and Kerala registered nearly 100% of the states’ deaths, a state like Bihar recorded only 37.1%. In Bihar, there was also a disparity between rural and urban death registrations, which stood at 47.7% and 35.5%, respectively. Story continues Besides poor registration performance, only a small proportion of the deaths registered are accurately tagged to a medical condition. Not counting deaths because of Covid-19 Even before the pandemic made its way to India in March 2020, not all deaths were medically certified . According to the Indian government’s report of Medical Certification of Cause of Death, 2018, roughly 21% of the registered deaths (pdf) were available with details of medical conditions. States like Uttar Pradesh and Bihar, with large rural populations, only certified 5.1% and 13.6% of their registered deaths, respectively. It is no surprise then that as Covid-19 spreads like wildfire across India’s villages , most deaths are not being counted as fatalities specific to the pandemic. Close to 100 bodies have so far been found floating in the river Ganga in the states of Bihar and Uttar Pradesh. Some are believed to have been washed away while they waited their turn at overburdened crematoriums, while others are feared to have been set afloat because of the stigma of Covid-19. In Patna, Bihar’s capital, bodies of the deceased covered in PPE kits , likely meaning they were Covid-19 patients, were found yesterday (May 13). In some Indian communities, though, a jal pravah or water cremation is also common, likely due to poverty . Now, with the pandemic reaching villages, the worry is that many of these fatalities will go unacknowledged. Unless civic authorities proactively count deaths, the pandemic will follow a long tradition of poorly recorded population data in the country. Since last year, several news reports have sounded the alarm on how deaths in rural pockets of India, with little or no awareness of Covid-19 and limited access to institutional healthcare, are being missed. This is particularly problematic in Covid-19 cases because not all cases require hospitalisation. As it is, nearly two out of three deaths in India happen at home. Add Covid-19 and a lack of surveillance to the mix, and there is a severe problem of undercounting on the government’s hands. For a year now , Indians in small towns and villages have been dying of “fever,” not knowing that it is likely coronavirus wreaking havoc. Yet until this year’s crisis, India was lauded for keeping its mortality levels low, a phenomenon that had surprised many. Domestic commentators last year claimed that if India was indeed hiding its Covid-19 mortality data, its drains would be “ choked ” with bodies and its graveyards and crematoriums would be out of wood and space. A year later, it appears this macabre prophecy is slowly coming true. Sign up for the Quartz Daily Brief , our free daily newsletter with the world’s most important and interesting news. More stories from Quartz: What is mucormycosis, the “black fungus” disease impacting Covid-19 patients in India? Nigerian hip-hop songs celebrate a life of cybercrime... - 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 0.88% on Friday. Partially reversing a 4.30% slide from Thursday, Bitcoin ended the day at $33,816.0. A bullish start to the day saw Bitcoin rise to an early morning intraday high $33,983.0 before hitting reverse. Falling short of the first major resistance level at $34,842, Bitcoin fell to a mid-morning intraday low $32,700.0. Steering clear of the first major support level at $32,493, however, Bitcoin revisited $33,900 levels before easing back. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Cardano’s ADA rallied by 4.75% to lead the way, with Chainlink (+0.17%) and Ethereum (+2.29%) also joining Bitcoin in the green. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.43%) and Crypto.com Coin (-1.24%) led the way down. Binance Coin (-0.12%), Litecoin (-0.09%), Polkadot (-0.13%), and Ripple’s XRP (-0.34%) saw relatively modest losses, however. In the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,376bn. Bitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.94%. This Morning At the time of writing, Bitcoin was down by 0.26% to 33,727.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,942.0 before falling to a low $33,716.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 1.89%. It was a bearish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was down by 0.65% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,500 pivot to bring the first major resistance level at $34,299 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Barring a broad-based crypto rebound, 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 levels before any pullback. The second major resistance level sits at $34,783. A fall through the $33,500 pivot would bring the first major support level at $33,016 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,217 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: AMC Entertainment ‘Pump Exceeded Average Life,’ Says Research Firm Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure Higher Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts Silver Price Prediction – Prices Rise, as Negative Momentum Decellerates European Equities: A Week in Review – 02/07/21 Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher', 'Bitcoin, BTC to USD, rose by 0.88% on Friday. Partially reversing a 4.30% slide from Thursday, Bitcoin ended the day at $33,816.0.\nA bullish start to the day saw Bitcoin rise to an early morning intraday high $33,983.0 before hitting reverse.\nFalling short of the first major resistance level at $34,842, Bitcoin fell to a mid-morning intraday low $32,700.0.\nSteering clear of the first major support level at $32,493, however, Bitcoin revisited $33,900 levels before easing back.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nCardano’s ADArallied by 4.75% to lead the way, withChainlink(+0.17%) andEthereum(+2.29%) also joining Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SV(-1.43%) andCrypto.com Coin(-1.24%) led the way down.\nBinance Coin(-0.12%),Litecoin(-0.09%), Polkadot (-0.13%), andRipple’s XRP(-0.34%) saw relatively modest losses, however.\nIn the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,376bn.\nBitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.94%.\nAt the time of writing, Bitcoin was down by 0.26% to 33,727.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,942.0 before falling to a low $33,716.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, rising by 1.89%.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was down by 0.65% to lead the way down.\nBitcoin would need to avoid the $33,500 pivot to bring the first major resistance level at $34,299 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $34,000 levels.\nBarring a broad-based crypto rebound, 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 levels before any pullback. The second major resistance level sits at $34,783.\nA fall through the $33,500 pivot would bring the first major support level at $33,016 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,217 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• AMC Entertainment ‘Pump Exceeded Average Life,’ Says Research Firm\n• Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure Higher\n• Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts\n• Silver Price Prediction – Prices Rise, as Negative Momentum Decellerates\n• European Equities: A Week in Review – 02/07/21\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher', 'The Bitcoin blockchain has undergone its biggest-ever drop in mining difficulty, as the network’s automatic stabilizing mechanism kicked in following a strict crackdown by China on the country’s cryptocurrency industry.\nAt 6:25 UTC Saturday, mining difficulty plunged by nearly 28% at block 689,471.\nThe steep decline in difficulty led to corresponding plunge in transaction fees, which in turn may have contributed to a $1,000 surge in the price of the leading cryptocurrency on anticipation of a spurt in transactions, according to one observer. In recent trading, the price of BTC was at $34,738, up 3.58% in the last 24 hours. Before the reduction in mining difficulty, BTC was about $33,700.\nRelated:Bitcoin Holds Support; Faces Resistance at $36K\nCharlie Morris, CIO of ByteTree Asset Management, tweeted hours after the difficulty cut that fees had dropped to $6 from $10 yesterday.\nThe adjustment marks the third straight decline in mining difficulty, the first time such a trend has happened since December 2018. On May 29 and June 13, the mining difficulty dropped by 16% and 5%, respectively, according to mining service provider BTC.com.\nBitcoin’s difficulty is measured using an internal score that began at 1 (when Satoshi started mining at the easiest level). It is programmed to increase or decrease incrementally depending on how many miners are competing on the network. It is currently scored at 14,363,025,673,659, down from 19,932,791,027,262.\nBlocks are added to the Bitcoin blockchain at a regular and predictable rate: one block every 10 minutes or so. Block time measures how long it takes to create a new block, but that pace can vary, depending on the number of miners on the network and the speed of their computers. When there are more miners competing to “find” the next block, and earn the 6.125 BTC reward, then those blocks tend to be solved more quickly. However, when miners drop off the network, leaving fewer miners to compete, block times can slow down.\nRelated:Ransomware Group REvil Strikes Again, Demands $70M in Bitcoin From 200 US Firms\nThat’s what happened as Chinese authoritiespushed to tamp downcryptocurrency trading and mining, since the country has historically hostedsuch a large portionof the Bitcoin network’s hashpower. Local authorities in China’sXinjiang Uygur Autonomous Region, the Inner Mongolia Autonomous Region,Qinghai provinceandSichuan provincefollowed the top-down initiative by announcing plans toshut downsome or allbitcoinmines.\nDuring this most recent difficulty period, the mean hashrate, a measure of total computational power contributed to the blockchain through mining, stood at 87.7 exahashes per second, the lowest since December 2019.\xa0That’s down from about a peak of about 180 exahashes per second in mid-May.\nAs a result, Bitcoin’s mean block time slowed significantly, with some blocks taking as long as 23 minutes on Sunday, June 27, though the network appears to have sped up slightly since then.\nThe Bitcoin algorithm is programmed to self-adjust the difficulty level every 2,016 blocks, or roughly every two weeks, in order to maintain a target block time of 10 minutes.\nSo that’s what happened overnight, as the blockchain’s automatic stabilizer mechanism kicked in to incentivize more miners to join the network.\nToday’s difficulty drop will make it easier for the remaining miners to find blocks at a rate closer to the 10-minute target.\nThough a decline in Bitcoin’s hashrat **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: 2021-07-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $649,045,581,966 - Hash Rate: 98706076.21227616 - Transaction Count: 237463.0 - Unique Addresses: 583136.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Zero-emissions transportation and infrastructure solutions provider Nikola Corp. (NKLA) is investing $50 million in Wabash Valley Resources for a 20% stake in the clean hydrogen project under development in West Terre Haute, Ind. The hydrogen project will utilize solid waste byproducts to produce clean and sustainable hydrogen for transport fuel and baseload electricity generation, while simultaneously achieving permanent underground sequestration of captured CO2. Significantly, upon completion, it is expected to be one of the biggest carbon capture and clean hydrogen projects in the U.S. The move is expected to help the transition to clean fuels for trucks in the Midwest. It gives Nikola a hydrogen hub that can cater to future supply stations in a 300-mile radius. The company plans to set up hydrogen fuel supply stations across Indiana and the broader Midwest. Pablo Koziner, President, Energy, and Commercial at Nikola, said, “The Wabash solution can generate electricity as well as hydrogen transportation fuel, which should provide the flexibility to support future truck sales and hydrogen station rollout in the region.” (SeeNikola stock charton TipRanks) Furthermore, upon completion in 2024, the project is expected to produce up to 336 tons per day of hydrogen, which can generate 285 megawatts of electricity. Last month, BTIG analystGregory Lewisinitiated coverage on the stock with a Buy rating and an $18 price target (4% upside potential). Lewis thinks Nikola’s truck models (named Tre and Two) can potentially disrupt the long-haul truck market, which could result in long-term success for the company. Production of Tre is expected to begin in 2023. Consensus on the Street is a Moderate Buy based on 2 Buys and 4 Holds. Theaverage Nikola analyst price targetof $16.40 implies a 5.3% downside potential. Shares have gained 43.1%% over the past month. Related News:MicroStrategy Adds Bitcoins Worth $489M; Shares Plunge 10%Accenture Makes Strategic Investment in ImburseNetApp Buys Data Mechanics to Optimize Data Analytics, Machine Learning Initiatives • Camping World to Develop Two New RV SuperCenters in Ohio • CatchMark Offloads 18,063 Acres of Oregon Timberlands for $100M • Construction Partners Snaps up PLT Construction; Street Says Buy • KKR to Acquire Majority Stake in Education Perfect... - 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 2.55% on Saturday. Following a 0.88% gain on Friday, Bitcoin ended the day at $34,682.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $33,350.0 before making a move.\nSteering clear of the first major support level at $33,016, Bitcoin rallied to a late afternoon intraday high $34,948.0.\nBitcoin broke through the first major resistance level at $34,299 and the second major resistance level at $34,783.\nComing up against resistance at $35,000, however, Bitcoin fell back through the second major resistance level to sub-$34,500 levels before steadying.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot fell by 1.02% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com Coinrallied by 6.21% to lead the way, withBinance Coin(+3.82%) andEthereum(+3.29%) finding strong support.\nBitcoin Cash SV(+2.00%),Litecoin(+2.40%), andRipple’s XRP(+2.53%) also made solid gains.\nCardano’s ADA(+0.70%) andChainlink(+1.42%) trailed the front runners, however.\nIn the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,412bn.\nBitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.90%.\nAt the time of writing, Bitcoin was down by 0.28% to $34,585.3. A mixed start to the day saw Bitcoin rise to an early morning high $34,714.6 before falling to a low $34,555.0.\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 found early support, rising by 0.17% and by 0.01% respectively.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Litecoin was down by 0.31% to lead the way down.\nBitcoin would need to avoid the $34,327 pivot to bring the first major resistance level at $35,303 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $35,000 levels.\nBarring a broad-based crypto rebound, the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $37,000 levels before any pullback. The second major resistance level sits at $35,925.\nA fall through the $34,327 pivot would bring the first major support level at $33,705 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,729 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Silver Weekly Price Forecast – Silver Markets Hanging Onto Ascending Triangle\n• European Equities: A Week in Review – 02/07/21\n• Natural Gas Price Prediction – Prices Rise as Elsa Turns into a Hurricane\n• Has The Rally to $90K+ Started for Bitcoin?\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher\n• Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts', 'Bitcoin , BTC to USD, rose by 2.55% on Saturday. Following a 0.88% gain on Friday, Bitcoin ended the day at $34,682.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,350.0 before making a move. Steering clear of the first major support level at $33,016, Bitcoin rallied to a late afternoon intraday high $34,948.0. Bitcoin broke through the first major resistance level at $34,299 and the second major resistance level at $34,783. Coming up against resistance at $35,000, however, Bitcoin fell back through the second major resistance level to sub-$34,500 levels before steadying. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 1.02% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Crypto.com Coin rallied by 6.21% to lead the way, with Binance Coin (+3.82%) and Ethereum (+3.29%) finding strong support. Bitcoin Cash SV (+2.00%), Litecoin (+2.40%), and Ripple’s XRP (+2.53%) also made solid gains. Cardano’s ADA (+0.70%) and Chainlink (+1.42%) trailed the front runners, however. In the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,412bn. Bitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.90%. This Morning At the time of writing, Bitcoin was down by 0.28% to $34,585.3. A mixed start to the day saw Bitcoin rise to an early morning high $34,714.6 before falling to a low $34,555.0. 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 found early support, rising by 0.17% and by 0.01% respectively. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Litecoin was down by 0.31% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,327 pivot to bring the first major resistance level at $35,303 into play. Support from the broader market would be needed for Bitcoin to break back through to $35,000 levels. Barring a broad-based crypto rebound, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 levels before any pullback. The second major resistance level sits at $35,925. A fall through the $34,327 pivot would bring the first major support level at $33,705 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,729 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Weekly Price Forecast – Silver Markets Hanging Onto Ascending Triangle European Equities: A Week in Review – 02/07/21 Natural Gas Price Prediction – Prices Rise as Elsa Turns into a Hurricane Has The Rally to $90K+ Started for Bitcoin? Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts', 'Mortgage rates fell for the 6thtime in 10-weeks in the week ending 1stJuly\nPartially reversing a 9 basis points rise from the previous week, 30-year fixed rates decreased by 4 basis points to 2.98%.\nSince 21stApril, 30-year mortgage rates had risen just once beyond the 3% mark before the decline. The solo visit was in the previous week.\nCompared to this time last year, 30-year fixed rates were down by 9 basis points.\n30-year fixed rates were still down by 196 basis points since November 2018’s last peak of 4.94%.\nIt was a quiet first half of the week on the U.S economic calendar.\nKey stats included consumer confidence, ADP nonfarm employment change, and ISM manufacturing PMI figures.\nThe stats were skewed to the positive in the week, with consumer confidence hitting a 16-month high in June.\nADP nonfarm employment change figures also impressed, with the ADP reporting a 692k increase in nonfarm payrolls.\nFor the markets, the only negative was a modest decline in the ISM Manufacturing PMI from 61.2 to 60.6.\nWhile the stats were skewed to the positive, market jitters over inflation eased in the week, supporting the downward trend in mortgage rates.\nThe weekly average rates for new mortgages as of 1stJuly were quoted byFreddie Macto be:\n• 30-year fixed rates fell by 4 basis points to 2.98% in the week.\xa0This time last year, rates had stood at 3.07%. The average fee fell from 0.7 points to 0.6 points.\n• 15-year fixed declined by 8 basis points to 2.26% in the week. Rates were down by 30 basis points from 2.56% a year ago. The average fee remained unchanged 0.7 points.\n• 5-year fixed rates increased by 1 basis point to 2.54%. Rates were down by 46 points from 3.10% a year ago. The average fee remained unchanged at 0.3 points.\nAccording to Freddie Mac,\n• Economic growth remains steady and is bolstering more segments of the economy.\n• Although low and stable mortgage rates have kept the housing market booming in recent months, a deterioration in affordability and for-sale inventory has led to a market slowdown.\nFor the week ending 25thJune, therateswere:\n• Average interest rates for 30-year fixed to conforming loan balances increased from 3.18% to 3.20%. Points decreased from 0.48 to 0.39 (incl. origination fee) for 80% LTV loans.\n• Average 30-year fixed mortgage rates backed by FHA decreased from 3.21% to 3.19%. Points remained unchanged at 0.34 (incl. origination fee) for 80% LTV loans.\n• Average 30-year rates for jumbo loan balances decreased from 3.26% to 3.23%. Points decreased from 0.44 to 0.33 (incl. origination fee) for 80% LTV loans.\nWeekly figures released by the Mortgage Bankers Association showed that the Market Composite Index, which is a measure of mortgage loan application volume, decreased by 6.9% in the week ending 25thJune. In the week prior, the index had increased by 2.1%.\nThe Refinance Index fell by 8% from the previous week and was 15% lower than the same week a year ago. The Index had risen by 3% in the previous week.\nIn the week ending 25thJune, the refinance share of mortgage activity had fallen from 62.5% to 61.9%. The share had increased **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: 2021-07-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $666,938,497,266 - Hash Rate: 82108836.0775171 - Transaction Count: 171850.0 - Unique Addresses: 467442.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: On June 14, users on leading DeFi platforms Celsius Network and Nexo were hit with unexpected liquidation notices after price feeds for MATIC, SNX and USDT suffered a flash crash. The price deviation was caused by inaccurate price data from a third-party provider. Coincidentally, on the same day, CoinMarketCap suffered from price deviations on price feeds on major leading assets such as ADA and DOT, which directly coincides with similar price feed errors on Celsius and Nexo. Due to the price deviations, users received liquidation and margin call notices on their leveraged assets and products on the platforms. Celsius and Nexo, which respectively secure $21 billion and $15 billion in cryptocurrency assets on their platforms, provide simplified yield rewards and collateralized loan services for users. The most popular product on their platforms is borrowing stablecoins like USDT or FIAT by using your deposited assets as collateral for a loan. Their loans are flexible, minimal interest and provide generous loan-to-value ratios, making them appealing for DeFi users looking to utilise their assets better. As with all leveraged products of this type, when the price of the asset declines and reaches a certain threshold, additional collateral must be added to continue the loan, known as a margin call. If the price falls further, or additional collateral isn’t added, your assets will be liquidated. According to Celsius, their SNX and Matic price feeds were affected, meaning any users with loans against these assets would have received a margin call or liquidation notice. Update – An error for $MATIC and $SNX price feeds from our 3rd party provider triggered margin calls earlier today. The issue is now resolved without any liquidations, and our team is working on resolving any margin calls that were issued as an error. https://t.co/Lmgk2hcMNr — Celsius (@CelsiusNetwork) June 14, 2021 Celsius further confirmed that the issue is resolved without any liquidations and that their team is working on resolving any margin calls that were issued as an error. Story continues Nexo confirmed that their USDT price feed was affected and the balances of some clients’ accounts were incorrectly liquidated. Due to a third-party service anomaly, the $USDT price deviated from its market value & some Nexo clients’ balances were incorrectly liquidated. All incorrect liquidations will be reversed & your wallets’ balances will be restored shortly. We apologize for any inconvenience. — Nexo (@NexoFinance) June 14, 2021 They also confirmed that any incorrect liquidations will be reversed and wallet balances restored following an investigation. Both Celsius and Nexo use decentralized price Feed data from Chainlink for many of their internal operations, but rely on centralized sources like CoinMarketCap to oversee their liquidations. For DeFi providers, the need for accurate data, especially when it affects user balances and liquidations, is imperative for both trust and sustainability. Many DeFi platforms use Chainlink price feeds to secure price feeds and protect themselves against liquidations, including AAVE, SNX, PancakeSwap and SushiSwap. It has proven itself to be the leading oracle provider in the industry, with over 570 integrations now confirmed. Despite their status as market-leading DeFi providers, it’s peculiar that Celsius and Nexo haven’t secured their price feeds using Chainlink. Their lack of exposure to protection against sudden deviations and flash crashes on price feeds is a reminder of the potential dangers of using DeFi products and the risks involved when using assets as collateral. Another leading DeFi provider, BlockFi, also faced recent controversy following a fumbled promotional giveaway in which qualifying users were eligible for a bitcoin reward bonus if they traded a certain volume in the promotional period. According to various users on Twitter and Reddit , large amounts of Bitcoin were deposited to their accounts in rewards. Following this, BlockFi notified their community that there was an issue with the promotion and that some users may see an “inaccurate” bonus on their account. Some clients who participated in the March trading promotion may see an inaccurate bonus payment displayed in their transaction history. Our team is working on a fix and the proper amounts will be reflected shortly. — BlockFi (@BlockFi) May 15, 2021 A select group of users who withdrew their rewards then said they received messages from BlockFi that the incorrect amounts should be returned and that legal action may be pursued. BlockFi said that fewer than 100 clients were incorrectly credited with Bitcoin and they were contacted to rectify the issue. For more news, guides and cryptocurrency analysis, click here .... - Reddit Posts (Sample): [['u/Acceptable_Union_741', 'Bitcoin mining inside electric trains locomotive.', 12, '2021-07-04 01:24', 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/', "Hi guys i'm a train engineer.\nOur company has about 350 electric locomotives.\nThe trains have individually extra room not utillized.\nThe room is 3m long, 3.5m height and with is 2m.\n\nAny 'big brains' here could me help out with the math, how many miners could be hosted per engine, how to tackle monitering off the mining from a distance, how many hashes it could produce and the revenue it could yield.\n\nThe engine room is pressurized , to keep electronics dust and a stable temperature.\n\nCooling could be re-routed to keep pace with the rising temperature off the mining.\n\nHoping for a healthy discusion and great ideas.", 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/', 'od8puz', [['u/Acceptable_Union_741', 14, '2021-07-04 01:31', 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/h3yxno7/', 'I want to make a plan, to create revenu for the company with the exess energy.', 'od8puz'], ['u/[deleted]', 16, '2021-07-04 02:28', 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/h3z39jt/', 'Sounds like a great way to generate dozens of dollars.', 'od8puz']]], ['u/Past_Ad5078', 'Coins constantly trying to "kill" popular coins may be the reason Crypto dies', 17, '2021-07-04 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/', 'We are right now at a pivotal point in the cryptocurrency market\'s history. Major institutions are adopting and considering the potential of crypto. The world is taking crypto seriously and people are becoming aware of the space (whether through "proper" cryptos or not) at a rate like never before.\n\n\nWe all should advocate for the future of crypto, *not* constantly try to kill well-known, popular coins so your respective altcoin bags can 10X.\n\nThis isn\'t like the stock market where a couple, top stocks could crash and people wouldn\'t question the legitimacy of the market itself.\n\nAs much as some hate it, people need to cope with the fact that BTC and ETH (to a lesser extent) are what determine the state and optics of the crypto market right now. *IF* BTC was to "die" and never surpass 10K again, major confidence would be permanently lost in the crypto space. Many people and institutions are on the fence on whether the crypto market is a "scam" or stable enough, and such an event will likely cause them to leave and never come back.\n\nDo you seriously think if the whole ETH space was to be killed because of (let\'s just say) ADA, that major institutions who invested a good portion of their portfolio into it would suddenly just switch over to ADA?\nNo. They would likely never touch crypto again and advocate against it. For all they know, ADA could be promptly killed by something else that comes along and it all is a grand pump and dump.\nSomething like this would he a *huge* setback for all of crypto.\n\n\nRight now we have a golden opportunity that is likely going to "make or break" crypto. Many big players want to see stability, and right now, that only comes in the form of the top cryptos that everyone knows of: BTC and ETH. Once the crypto market has been taken seriously and has had time to mature, then you guys can shill "killing" other cryptos with your altcoins. Right now, it is in everyone\'s best interest for BTC and ETH to succeed.', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/', 'od9lh9', [['u/Commissioner_dr', 17, '2021-07-04 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/h3z2yis/', 'I think we still have a long way to go and I\'m not sure if this is really a "make or break" moment but that\'s just my 2 cents.', 'od9lh9'], ['u/Apollo_DiamondHands', 26, '2021-07-04 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/h3z4a1q/', 'I think your scope is off and you aren’t seeing the bigger picture. Blockchain technology is the game changer. Crypto just happens to go along with it but isn’t needed. Crypto isn’t going anywhere and institutions/ big money aren’t investing into anything other than real deal crypto. You said that institutions are on the fence on if crypto is a scam is laughable considering all bitcoin that is being mined is being bought up by institutions and you can fact check this. I’ve personally done it many times. It’s just a narrative that isn’t show by media and you have to dig for the true knowledge. The lid has been taken off the jar and can’t be put back on. Just wait till the major shift happens when all these companies that are buying up all the bitcoin utilize the upcoming bitcoin to Monero swap that allows them to hide money from the Government so they don’t get taxed on it ultimately making them untouchable financially.', 'od9lh9'], ['u/Surfif456', 11, '2021-07-04 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/h3z8vhb/', "It's a free market. Saying that alternatives shouldn't exist because your portfolio might dump is draconian nonsense. Competition is good", 'od9lh9']]], ['u/Gentlerman27', 'How fitgirl makes money', 54, '2021-07-04 02:30', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/', 'For quite a while now any claim made about fitgirl repacks installing viruses or bitcoin farming through repacks has been refuted, but i am curious how fitgirl makes money. It may just be my lack of knowledge in piracy in general, but do they sell theyre repacks or gain money in some way? Becaue considering the amount of repacks the fitgirl team puts out it looks like it is more of a full time job than a side project and the fact their site has no ads is a bit sus to me unless it is known how they make money. It probably is known and i just am not knowledgeable about it but ive gotten a bit curious recently.', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/', 'od9qnz', [['u/AbleTimes', 81, '2021-07-04 02:35', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z3wiq/', 'Fitgirl is a single person who does these for no profit, AFAIK. If I made these repacks by myself, I wouldn’t try to profit off them, not only because I’d be profiting off other people’s work but because there are far better ways to make money.', 'od9qnz'], ['u/Ibcap', 43, '2021-07-04 02:37', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z45d2/', 'These communities arent in it for money. Scene and p2p groups spend thousands of dollars buying content and cracking/distributing it for the community, not for profit. Repackers are just doing the same thing by packing the scene releases.', 'od9qnz'], ['u/_queef_in_my_mouth_', 50, '2021-07-04 02:46', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z50vl/', 'Last I checked, there was a bitcoin donation link on fitgirls site. Put the bitcoin address into https://www.blockchain.com/explorer/ and you can see exactly how much money they make.', 'od9qnz'], ['u/Jinora-', 11, '2021-07-04 02:48', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z558p/', "it's not much but doesn't she accept donation and mining resources?", 'od9qnz'], ['u/Boogertwilliams', 14, '2021-07-04 03:00', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z6dto/', 'I guess she has a job?', 'od9qnz'], ['u/TossPowerTrap', 50, '2021-07-04 03:33', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z9idz/', "Seeing someone leech one of my obscure treasures is one of life's simple pleasures.", 'od9qnz'], ['u/redsand69', 12, '2021-07-04 05:32', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zkvh3/', '“She”', 'od9qnz'], ['u/creeperhiss', 10, '2021-07-04 06:14', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zolwx/', 'has their gender been verified?', 'od9qnz'], ['u/thephantompeen', 46, '2021-07-04 07:03', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zsmyx/', "Of course not. Because it's some group of Russian or Ukrainian 20-something guys pretending to be a hot girl hacker single-handedly releasing dozens of repacked games every day.", 'od9qnz'], ['u/creeperhiss', 13, '2021-07-04 07:27', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zuhp1/', 'Sounds about right', 'od9qnz'], ['u/igromanru', 10, '2021-07-04 17:08', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h412wcn/', "Exactly. All the people are adding viruses to pirated content are absolute douchebags. They take other's work and use it for their own gain.", 'od9qnz'], ['u/mongus123', 29, '2021-07-04 22:41', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h42779e/', '$573 usd if anyone was wondering and too lazy to do it themselves', 'od9qnz']]], ['u/Cuong_Nguyen_Hoang', 'Needing resources to help recovering money from a NBN scam in Victoria.', 42, '2021-07-04 03:27', 'https://www.reddit.com/r/AusLegal/comments/odalg6/needing_resources_to_help_recovering_money_from_a/', "Hello, I would like to seek help from you about how to recover my money that I lost from a scam. Here is my full story:\n\nYesterday I was called by a woman who asked me to let her check a NBN connection, since she said that I am at risk of data breaches. Then a man called me and said that he needs me to download a bunch of applications (like AweSun, TeamViewer and AnyDesk) to my phone and my computer. Using that, he forced me to give him ba... 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 1.53% in the week ending 4thJuly. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276.\nAfter a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse.\nFalling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0.\nSteering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver the upside for the week.\n4 days in the green that included a 4.14% rally on Tuesday delivered the upside for the week.\nBitcoin would need to avoid a fall back through the $34,859 pivot to support a run the first major resistance level at $37,017.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $36,600.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended breakout, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,759.\nFailure to avoid a fall back through the $34,859 pivot would bring the first major support level at $33,117 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,959 should limit the downside.\nAt the time of writing, Bitcoin was down by 1.11% to $34,883.0. A bearish start to the week saw Bitcoin fall from an early Monday high $35,280.0 to a low $34,773.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereumrallied by 17.04% in the week ending 4thJuly. Reversing an 11.51% slide from the previous week, Ethereum ended the week at $2,323.15.\nA mixed start to the week saw Ethereum fall to a Monday intraweek low $1,957.24 before making a move.\nSteering clear of the 62% FIB of $1,725 and the first major support level at $1,703, Ethereum struck a Sunday intraweek high $2,389.22.\nEthereum broke through the first major resistance level at $2,263 to end the week at $2,300 levels.\n6-days in the green that included a 5.10% rally on Wednesday delivered the upside for the week.\nEthereum would need to avoid the pivot at $2,223 to bring the first major resistance level at $2,489 into play.\nSupport from the broader market would be needed, however, for Ethereum to break back through to $2,400 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $2,500 would likely cap any upside.\nIn the event of an extended breakout, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,655.\nA fall through the pivot at $2,223 would bring the first major support level at $2,057 into play.\nBarring another extended sell-off in the week, Ethereum should steer clear of sub-$2,000 levels. The second major support sits at $1,791.\nAt the time of writing, Ethereum was down 0.25% to $2,317.30. A mixed start to the week saw Ethereum fall to an early Monday low $2,303.44 before rising to a high $2,324.44.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Mixed US NFP Report Fuels Major Short-Covering Rally\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 5th, 2021\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 5th, 2021\n• The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus\n• Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021\n• European Equities: Service Sector PMIs and COVID-19 News in Focus', 'Bitcoin, BTC to USD, rose by 1.53% in the week ending 4thJuly. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276.\nAfter a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse.\nFalling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0.\nSteering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver the upside for the week.\n4 days in the green that included a 4.14% rally on Tuesday delivered the upside for the week.\nBitcoin would need to avoid a fall back through the $34,859 pivot to support a run the first major resistance level at $37,017.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $36,600.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended breakout, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,759.\nFailure to avoid a fall back through the $34,859 pivot would bring the first major support level at $33,117 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,959 should limit the downside.\nAt the time of writing, Bitcoin was down by 1.11% to $34,883.0. A bearish start to the week saw Bitcoin fall from an early Monday high $35,280.0 to a low $34,773.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereumrallied by 17.04% in the week ending 4thJuly. Reversing an 11.51% slide from the previous week, Ethereum ended the week at $2,323.15.\nA mixed start to the week saw Ethereum fall to a Monday intraweek low $1,957.24 before making a move.\nSteering clear of the 62% FIB of $1,725 and the first major support level at $1,703, Ethereum struck a Sunday intraweek high $2,389.22.\nEthereum broke through the first major resistance level at $2,263 to end the week at $2,300 levels.\n6-days in the green that included a 5.10% rally on Wednesday delivered the upside for the week.\nEthereum would need to avoid the pivot at $2,223 to bring the first major resistance level at $2,489 into play.\nSupport from the broader market would be needed, however, for Ethereum to break back through to $2,400 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $2,500 would likely cap any upside.\nIn the event of an extended breakout, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,655.\nA fall through the pivot at $2,223 would bring the first major support level at $2,057 into play.\nBarring another extended sell-off in the week, Ethereum should steer clear of sub-$2,000 levels. The second major support sits at $1,791.\nAt the time of writing, Ethereum was down 0.25% to $2,317.30. A mixed start to the week saw Ethereum fall to an early Monday low $2,303.44 before rising to a high $2,324.44.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Mixed US NFP Report Fuels Major Short-Covering Rally\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 5th, 2021\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 5th, 2021\n• The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus\n• Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021\n• European Equities: Service Sector PMIs and COVID-19 News in Focus', 'Bitcoin Bitcoin , BTC to USD, rose by 1.53% in the week ending 4 th July. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276. After a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse. Falling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0. Steering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver the upside for the week. 4 days in the green that included a 4.14% rally on Tuesday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall back through the $34,859 pivot to support a run the first major resistance level at $37,017. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $36,600.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended breakout, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,759. Failure to avoid a fall back through the $34,859 pivot would bring the first major support level at $33,117 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,959 should limit the downside. At the time of writing, Bitcoin was down by 1.11% to $34,883.0. A bearish start to the week saw Bitcoin fall from an early Monday high $35,280.0 to a low $34,773.0. Bitcoin left the major support and resistance levels untested at the start of the week. Ethereum Ethereum rallied by 17.04% in the week ending 4 th July. Reversing an 11.51% slide from the previous week, Ethereum ended the week at $2,323.15. A mixed start to the week saw Ethereum fall to a Monday intraweek low $1,957.24 before making a move. Steering clear of the 62% FIB of $1,725 and the first major support level at $1,703, Ethereum struck a Sunday intraweek high $2,389.22. Story continues Ethereum broke through the first major resistance level at $2,263 to end the week at $2,300 levels. 6-days in the green that included a 5.10% rally on Wednesday delivered the upside for the week. For the week ahead Ethereum would need to avoid the pivot at $2,223 to bring the first major resistance level at $2,489 into play. Support from the broader market would be needed, however, for Ethereum to break back through to $2,400 levels. Barrin **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: 2021-07-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $645,854,903,309 - Hash Rate: 94246664.01941094 - Transaction Count: 223760.0 - Unique Addresses: 547735.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Surging usage of Polygon Network’s Ethereum layer 2 scaling solution allowed that platform’s MATIC token to largely escape the fate of other cryptocurrencies in May brought down by crash in the price ofbitcoin. MATIC, currently ranked 18th as per market capitalization by Messari, rallied 120% in May even as bitcoin fell by 35%.Ether,polkadot,cardano,XRPand decentralized finance (DeFi) blue-chips suffered bigger losses, pushing the total market capitalization of the crypto universe down by 24%. MATIC was able to withstand the the worst effects of the downdraft thanks to Polygon’s soaring usage and constant growth in the congestion and high costs that plague the DeFi-dominating Ethereum blockchain, as analytics firmIntoTheBlock mentionedin its research note published on June 2. Related:Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens “Throughout 2021, Ethereum fees skyrocketed up to 845% compared to the year before; currently, a transaction on the network costs around $4.819,”IntoTheBlock said. “On the other hand, transacting on the Polygon network onlycosts around $0.001 to transfer $200.” As such, several DeFi protocols flocked to Polygon – a sidechain running tangent to Ethereum’s blockchain, offering high transaction output and relatively low costs without compromising security. Scaling refers to increasing the throughput of the system, as measured by transactions per second. MATIC’s impressive performance proves a cryptocurrency backed by strong fundamentals can largely hold its own against a price slide in bitcoin. As such, the token could continue to appreciate in the coming months unless Ethereum sees a sustained drop in transaction costs or usage. Ethereum rivals including Polkadot, Solana, and Binance Smart Chain would also seem ready to gain. However, as Polygon is a sidechain that works in conjunction with Ethereum, itbenefits fromEthereum’s dominating network effects and thus holds an edge over blockchains that seek to replace the market-leading giant. Related:Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says Perhaps that’s why tokens powering Ethereum rivals Polkadot, Solana, and Binance Smart Chain suffered double-digit losses in May even as MATIC extended a four-month run of gains. A recent string of flash loan attacks on products built on the Binance Smart Chain likely didn’t help the reputation of the would-be Ethereum dethroners either. While MATIC proved remarkably resistant in the face of bitcoin’s price crash, it wasn’t completely immune. The majority of gains happened in the first half of the month, before the biggest cryptocurrency fell from $58,000 to $30,000 in the eight days to May 19 on concerns regarding the negative environmental impact of crypto mining and China regulatory fears. MATIC’s price hit an all-time high of $2.72 for a year-to-date gain of 248% before bitcoin’s troubles took their toll. Before MATIC began giving back some its gains in mid-May, the token’s performance was rising in line with the soaring usage of the protocol itself. During the month, the number of average daily active users on Polygon surged by 285% from 7,500 to 28,873, according to blockchain data provider Covalent. The sidechain became busier than ever as more users accessed DeFi via the low-cost scaling solution. Per Covalent, the number of unique addresses using Aave protocol on Polygon shot up by 156% to 15,769 in May. The decentralized money market giant received over $5 billion in liquidity via the layer 2 scaling solution. Aaveannounced integrationwith Polygon in April. Meanwhile, average daily unique users on Polygon-based decentralized exchange QuickSwap rose by 302% to over 10,000, and the liquidity on the platform increased by 68% to $924.78 million, Covalent said in an email. “The almost fee-less trading Polygon offers offered a breath of fresh air to seasoned DeFi traders that have been suffering under the weight of extremely high gas prices [Ethereum fees] for some months now,” Tim Frost, CEO of Yield app, said while explaining reasons for Polygon and QuickSwap’s success. Polygon’s performance has led the protocol to receive validation from prominent investors like Mark Cuban. Further, the token has been added to the Bitwise 10 Large Cap Crypto Index (BITX) with a weightage of 1.03%,according to LiveMint. The index is managed by Bitwise Asset Management, a crypto asset manager with $1.5 billion worth of assets under manager. “The early rally seemed to be driven by a mix of savvy DeFi users and retailers, but now popular investors like Mark Cuban are publicly diving in,” Nick Mancini, chief community officer at Trade The Chain, told CoinDesk. Cuban confirmedbeing an investor in Polygon on May 26, but refrained from disclosing the size or composition of his stake. However, Polygon’s co-founder SandeepNailwal told Economic Timeson May 27 that his project received a “sizable investment” from the billionaire entrepreneur and not through a simple purchase of tokens. “I was a Polygon user and find myself using it more and more,”Cuban saidin an email to CoinDesk at the time.His website describesPolygon as “the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.” Trade The Chain’s Mancini said he expects more institutional inflows into DeFi assets and a continued rally in MATIC, albeit after some downside in June. The token has come under pressure this week, falling by 15% to $1.58. Still, prices are up 8,800% year to date. Also read:Money Reimagined: The Power of Community Yield CEO Tim Frost said Polygon and QuickSwap’s momentum might slow once the Ethereum 2.0 (proof-of-stake upgrade) is completed. Developers estimate that the upgrade will happen by the end of this year or early 2022. After that, Ethereum founder Vitalik Buterinplans to implementthe sharding upgrade to ease congestion and bring down fees. However, Polygon CEO Sandeep Nailwal said he’s confident that layer 2 scaling solutions will prevail even after the upgrade allows Ethereum transaction costs to decline. “Ethereum 2.0 will become 64 times more scalable than Ethereum is now, but the demand is 1,000 times than where we are. You will need L2 scalability,”Nailwal told CoinDesk. • Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a ‘Plus’ • Crypto Long & Short: Bitcoin’s Taproot Update Shows How It’s Not Like Gold... - 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:** ['Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front. According to the site\x92s pseudonymous operator, Cobra, Bitcoin.org was hit with an \x93absolutely massive\x94 distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue. Decrypt reported on Monday that attackers had demanded 0.5 bitcoin ($17,012 at the time) to have the site\x92s services and operations restored to normal. Related: Bitcoin Rangebound at Support; Resistance at $36K CoinDesk attempted to contact Cobra to discuss the issue but did not hear back by press time. DDoS is a type of cyber attack that targets a site\x92s host or its infrastructure by flooding the host with request traffic that then overwhelms the system and renders it inoperable. The attack is the latest development for the site, which is designed to educate and instruct others on how to buy and sell the crypto. Last week, London\x92s High Court awarded nChain Chief Scientist Craig Wright a default judgment because Cobra, not wishing to reveal their true identity, decided not to show. The court ruled Bitcoin.org must discontinue hosting its copy of the Bitcoin white paper. Related Stories Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown UBS Says Regulatory Crackdown Could Pop \x91Bubble-Like Crypto Markets\x92: Report Brazil\x92s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto', 'Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front.\nAccording to the site’s pseudonymous operator, Cobra, Bitcoin.org was hit with an “absolutely massive” distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue.\nDecrypt reportedon Monday that attackers had demanded 0.5bitcoin($17,012 at the time) to have the site’s services and operations restored to normal.\nRelated:Bitcoin Rangebound at Support; Resistance at $36K\nCoinDesk attempted to contact Cobra to discuss the issue but did not hear back by press time.\nDDoS is a type of cyber attack that targets a site’s host or its infrastructure by flooding the host with request traffic that then overwhelms the system and renders it inoperable.\nThe attack is the latest development for the site, which is designed to educate and instruct others on how to buy and sell the crypto.\nLast week,London’s High Courtawarded nChain Chief Scientist Craig Wright a default judgment because Cobra, not wishing to reveal their true identity, decided not to show. The court ruled Bitcoin.org must discontinue hosting its copy of the Bitcoin white paper.\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto', 'Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front.\nAccording to the site’s pseudonymous operator, Cobra, Bitcoin.org was hit with an “absolutely massive” distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue.\nDecrypt reportedon Monday that attackers had demanded 0.5bitcoin($17,012 at the time) to have the site’s services and operations restored to normal.\nRelated:Bitcoin Rangebound at Support; Resistance at $36K\nCoinDesk attempted to contact Cobra to discuss the issue but did not hear back by press time.\nDDoS is a type of cyber attack that targets a site’s host or its infrastructure by flooding the host with request traffic that then overwhelms the system and renders it inoperable.\nThe attack is the latest development for the site, which is designed to educate and instruct others on how to buy and sell the crypto.\nLast week,London’s High Courtawarded nChain Chief Scientist Craig Wright a default judgment because Cobra, not wishing to reveal their true identity, decided not to show. The court ruled Bitcoin.org must discontinue hosting its copy of the Bitcoin white paper.\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto', 'Federal Police in Brazil have arrested members and a leader of the Bitcoin Banco group for their alleged involvement in an embezzlement scheme. In a press conference streamed live on Monday, police named businessman and self-proclaimed \x93Bitcoin King\x94 Claudio Oliveira, as leader of the group. The group is alleged to have embezzled R$1.5 billion (US$300 million). Operation Daemon was conducted by around 90 federal police officers in Curitiba and the Metropolitan Region, according to a police press release on Monday. The operation was based on intelligence gathered over a three-year investigation which alleges the group engaged in fraudulent scams and embezzlement. In 2019, the group reported 7,000 bitcoin had gone missing and client withdrawals from the group\x92s brokers ceased, sparking an investigation. After which, the group filed for a judicial recovery \x96 a type of exemption allowing an entity to pay creditors without filing for bankruptcy. The fraud is alleged to have harmed thousands of investors. Related Stories Bitcoin Rangebound at Support; Resistance at $36K Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown UBS Says Regulatory Crackdown Could Pop \x91Bubble-Like Crypto Markets\x92: Report Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom', 'Federal Police in Brazil have arrested members and a leader of the Bitcoin Banco group for their alleged involvement in an embezzlement scheme.\n• In apress conferencestreamed live on Monday, police named businessman and self-proclaimed “Bitcoin King” Claudio Oliveira, as leader of the group.\n• The group is alleged to have embezzled R$1.5 billion (US$300 million).\n• Operation Daemon was conducted by around 90 federal police officers in Curitiba and the Metropolitan Region, according to a policepress releaseon Monday.\n• The operation was based on intelligence gathered over a three-year investigation which alleges the group engaged in fraudulent scams and embezzlement.\n• In 2019, the group reported 7,000bitcoinhad gone missing and client withdrawals from the group’s brokers ceased, sparking an investigation.\n• After which, the group filed for a judicial recovery – a type of exemption allowing an entity to pay creditors without filing for bankruptcy.\n• The fraud is alleged to have harmed thousands of investors.\n• Bitcoin Rangebound at Support; Resistance at $36K\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom', 'Federal Police in Brazil have arrested members and a leader of the Bitcoin Banco group for their alleged involvement in an embezzlement scheme.\n• In apress conferencestreamed live on Monday, police named businessman and self-proclaimed “Bitcoin King” Claudio Oliveira, as leader of the group.\n• The group is alleged to have embezzled R$1.5 billion (US$300 million).\n• Operation Daemon was conducted by around 90 federal police officers in Curitiba and the Metropolitan Region, according to a policepress releaseon Monday.\n• The operation was based on intelligence gathered over a three-year investigation which alleges the group engaged in fraudulent scams and embezzlement.\n• In 2019, the group reported 7,000bitcoinhad gone missing and client withdrawals from the group’s brokers ceased, sparking an investigation.\n• After which, the group filed for a judicial recovery – a type of exemption allowing an entity to pay creditors without filing for bankruptcy.\n• The fraud is alleged to have harmed thousands of investors.\n• Bitcoin Rangebound at Support; Resistance at $36K\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom', 'Most people consider investing or trading in Bitcoin and other cryptocurrencies as intimidating. This is because the cryptocurrency market has been presented to most people as a very technical financial market. However, that is not the case. You can start trading or invest in cryptos in no time, as long as you follow the right process. Following the right process starts by choosing the cryptocurrency exchange to use. Crypto exchanges are your gateway to the cryptocurrency market. Hence, the reason why they are important. This guide helps you learn how to choose a crypto exchange and some of the best ones in the market. Table of Contents What Are Crypto Exchanges? What Are The Criteria For Choosing Crypto Exchanges? The Top Four Cryptocurrency Exchanges For Experts And Beginners How To Use A Cryptocurrency Exchange What Are Crypto Exchanges? Crypto Exchanges are platforms where people can buy and sell cryptos like Bitcoin. You can use the exchanges to trade one cryptocurrency for another \x97 converting Bitcoin to Ether \x96 or to purchase the cryptocurrency using regular fiat currencies like the USD or GBP. These platforms reflect the current market prices of the cryptocurrencies they offer. The users can also convert the cryptos back to fiat currencies on an exchange, giving them the option to withdraw the funds back to their regular bank account or leave it on the exchange platform to trade back into cryptocurrencies later. There are hundreds of cryptocurrency exchanges available to traders and investors. Hence, making it a tough decision to choose the best ones. However, the criteria outlined below will help you determine how to choose the right cryptocurrency exch **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: 2021-07-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $641,221,998,750 - Hash Rate: 101386562.80876024 - Transaction Count: 228279.0 - Unique Addresses: 579824.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) created a bullish engulfing candlestick on June 9. Ethereum (ETH) is trading inside a symmetrical triangle. XRP (XRP) and Yearn.Finance (YFI) are following descending resistance lines. Zcash (ZEC) has reclaimed the $120 support area. Theta Fuel (TFUEL) reached a new all-time high price on June 9. Qtum (QTUM) has bounced at the $8.40 support area. BTC BTC has been increasing since rebounding on June 9. Similar to May 19 and 23, it created a long lower wick. The next day, it created a bullish engulfing candlestick and has been moving upwards since. However, technical indicators are providing mixed signs. The RSI followed up a bullish divergence (blue) with a hidden bearish divergence (red) and is still below 50. Nevertheless, the Stochastic oscillator has just made a bullish cross. The next resistance levels are found at $41,400, $44,900, and $48,400. While the exact wave count is not clear, both the bearish and bullish counts suggest a short-term increase towards the first resistance area will follow. BTC Chart By TradingView ETH ETH has been increasing since bouncing at the $2,050 support on May 19. So far, it’s reached a local high of $2,910. Since May 20, ETH appears to be trading inside a symmetrical triangle, which is often considered a neutral pattern. Furthermore, both the RSI and MACD are neutral. The former has crossed above and below 50 while the latter is at the 0-line. The decrease from the all-time highs looks like a five-wave structure. A breakout that travels the entire height of the triangle could take ETH to $3,806. This is the 0.786 Fib retracement resistance level. ETH Chart By TradingView XRP XRP has been increasing since May 23 after it reached a local low of $0.65 and bounced. So far, it has reached a high of $1.07 on May 26. It has been decreasing alongside a descending resistance line since. XRP bounced at the 0.618 Fib retracement support level on June 8. Relative to the movement on May 29, it has created a double bottom pattern. Currently, XRP is making an attempt at breaking out from the resistance line. Story continues If successful, it would likely revisit the $1.05 area once more. XRP Chart By TradingView ZEC On May 19, ZEC bounced after reaching a low of $105 and reclaimed the $120 support area shortly after. Currently, it’s in the process of validating the area as support once again. If successful, it would also create a higher low in the process. Furthermore, technical indicators in the daily time frame are providing bullish signs, such as the bullish cross in the Stochastic oscillator. In addition, the MACD histogram is moving upwards. The next closest resistance area is found at $197. ZEC Chart By TradingView TFUEL On June 1, TFUEL broke out from a descending parallel channel. It continued to increase until it reached a new all-time high price of $0.679 on June 9. It created a shooting star candlestick the same day. As outlined previously, this was a potential target for the top of the upward move. If it extends, the next most likely target is found at $1.02. Technical indicators are bullish, even though they are showing slightly overbought conditions. TFUEL Chart By TradingView YFI YFI has been increasing since bouncing on May 23. The increase took it to $51,963 the next day. However, this only served to validate a descending resistance line, which has been in place since May 19. Since then, the resistance line has rejected YFI three more times. Furthermore, it’s possible that YFI is trading inside a descending triangle, which is normally considered a bearish reversal pattern. A breakdown from the triangle could take YFI back to the $29,950 support area, while a breakout could take it towards the $51,840 area. YFI Chart By TradingView QTUM On May 23, QTUM reached a low of $6.37 and bounced. Currently, it’s in the process of validating the $8.40 area as support once again (green icons) and is creating a higher low in the process. If successful, the next closest resistance area would be at $17.55. This is the 0.382 Fib retracement resistance level. QTUM Chart By TradingView For BeInCrypto’s latest bitcoin (BTC) analysis, click here.... - Reddit Posts (Sample): [['u/Red-Eye-Jedii', 'Pros and cons of storing BTC in a wallet vs offline?', 15, '2021-07-06 00:16', 'https://www.reddit.com/r/Bitcoin/comments/oehont/pros_and_cons_of_storing_btc_in_a_wallet_vs/', "Hello, HODLers. I've been following bitcoin and crypto for a few years now and have accumulated a small amount of BTC. I am just curious what your thoughts are on storing BTC on a wallet vs offline. What are the best ways to store it offline, a flash drive or hard drive? Is Coinbase a good wallet? Is it worth potentially losing the offline storage piece in the unlikely event my wallet gets hacked? Any advice is appreciated. Keep HODLing!\n\nEdit: Coinbase is an exchange, clearly distinct from a hardware wallet. I've already learned quite a bit, thanks for the feed back.", 'https://www.reddit.com/r/Bitcoin/comments/oehont/pros_and_cons_of_storing_btc_in_a_wallet_vs/', 'oehont', [['u/Amber_Sam', 11, '2021-07-06 00:26', 'https://www.reddit.com/r/Bitcoin/comments/oehont/pros_and_cons_of_storing_btc_in_a_wallet_vs/h46aqae/', "If the website goes down, you might never see your Bitcoin again - Not your keys, not your cheese. \n\nInstall (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets.\n\nA few good wallet choices:\n\n[https://blockstream.com/green/](https://blockstream.com/green/) \\- Top Security Features, Open Source and Non-Custodial\n\n[https://www.wasabiwallet.io/](https://www.wasabiwallet.io/) \\- Excellent privacy, Open Source and Non-Custodial\n\n[https://electrum.org](https://electrum.org/) \\- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets.\n\nLightning wallets to consider (cheaper and faster transactions, great for very small amounts):\n\n[https://phoenix.acinq.co/](https://phoenix.acinq.co/) \\- Phoenix works on Android\n\n[https://breez.technology](https://breez.technology/) \\- Breez - Android or iOS\n\nHardware Wallets (to store larger amounts):\n\n[https://trezor.io/](https://trezor.io/) \\- Easy to use, no matter how new in Bitcoin you're.\n\n[https://coldcardwallet.com/](https://coldcardwallet.com/) \\- ColdCaard is currently the safest and most recommended here.\n\nThere's also Ledger, but I wouldn't recommend as not fully open source, keep and already leaked customers' details, etc. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words safe.", 'oehont']]], ['u/According_Pie5986', 'Most cost effective way to buy XDC?', 10, '2021-07-06 00:46', 'https://www.reddit.com/r/xinfin/comments/oei7rk/most_cost_effective_way_to_buy_xdc/', 'I just bought my 3rd bag ($500) and seem to have lost 8.5-10% in transfers/fees on bitrue. \n\nBought $500 USD > BTC > XRP > 4473 XDC granted it took 1.5 hours and the final price was more than when I initiated.\n\nHow do they XDC OGs cop? Pls and ty', 'https://www.reddit.com/r/xinfin/comments/oei7rk/most_cost_effective_way_to_buy_xdc/', 'oei7rk', [['u/Abbas_179', 10, '2021-07-06 02:48', 'https://www.reddit.com/r/xinfin/comments/oei7rk/most_cost_effective_way_to_buy_xdc/h46qbbz/', 'Buy xrp on a different exchange ( preferably one with low withdrawal fees) \nSend xrp to to bitrue ( should only take a couple of seconds as xrp is extremely fast)\nThen xrp/xdc trading pair', 'oei7rk']]], ['u/decentralized_bass', "The Guardian's latest hatchet piece on Bitcoin is atrocious", 46, '2021-07-06 01:29', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/', 'I know The Guardian is not the best news source, I normally only read geo-political type stuff on there, breaking news etc. It\'s mostly bullshit but this piece really got me pissed off:\n\n[https://www.theguardian.com/commentisfree/2021/jul/05/cryptocurrencies-financial-system-digital-future](https://www.theguardian.com/commentisfree/2021/jul/05/cryptocurrencies-financial-system-digital-future)\n\nThey\'ve gone really downhill recently with their crypto articles but this is a fucking joke. It\'s an opinion piece written by a historian, and it\'s total nonsense. It doesn\'t even mention the cypherpunk movement, or the history of digital currency (e-gold etc.), a quick nod to Hayek and then framing it as "right-wing" without context. Comparing gov coins with Bitcoin, totally blindsiding any real use cases and the usual shit.\n\nThen they shut the comments down after a few hours and "picked" some bullshit top comments, the comment chain is actually way more informative than the article. Loads of more informed info getting "upvotes"\n\nHonestly, fuck that paper. I\'m gonna do the British thing and write them an email telling them I\'m done with them haha - I emailed them before about paying for a subscription via bitcoin (just to see what they\'d say) and actually got a well-informed, personal reply so they do read the emails you send them.\n\nThe comment section is funny, if you have half an hour spare it might be fun to quickly make an account with guerrilla mail, and upvote all the informed comments. Just to show the bias to anyone reading through the comment section who doesn\'t know about crypto.\n\nRant over haha, it\'s actually kinda funny how misinformed some mainstream articles are. Almost as if there might be some outside influence going on *wink wink nudge nudge*', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/', 'oeiyy7', [['u/JanPB', 21, '2021-07-06 02:01', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/h46l46k/', 'I stopped paying any attention to The Guardian ever since they started smearing and spreading disgusting lies about Julian Assange.', 'oeiyy7'], ['u/whisper_of_smoke', 42, '2021-07-06 02:15', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/h46mkm0/', "most media aren't uninformed. they purposefully spread misinformation to further an agenda.", 'oeiyy7'], ['u/Marcion_Sinope', 13, '2021-07-06 03:43', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/h46was9/', "Newspapers don't employ journalists anymore.\n\nThey employ transcribers and grocery clerks that cut and paste propaganda from various government intelligence agencies.\n\nLater, some develop this skill to the point that they can read the propaganda aloud and sound vaguely sincere. They are then given jobs reading the propaganda the transcribers put on a teleprompter.\n\nBitcoin represents an existential threat to the central banks and their fiat Ponzi - thus it is a threat to the governments. The transcribers and teleprompter readers are given stories that reflect this reality.", 'oeiyy7']]], ['u/MiningForFun123', 'Don’t Buy A GPU Right Now', 33, '2021-07-06 03:34', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/', '**Don’t Buy A GPU Right Now: Prices Hit 6-Month Low In Global Markets As US Prepares For A Price Crash** \n \n\n[https://wccftech.com/dont-buy-a-gpu...obal-markets-as-us-prepares-for-a-price-crash](https://wccftech.com/dont-buy-a-gpu-right-now-prices-hit-6-month-low-in-global-markets-as-us-prepares-for-a-price-crash) \n \n\nWell well well, looks like the tide is finally turning. The markets are a fickle mistress and for the first time in almost a year and a half, the market looks like it might be preparing for a crash. Prices in Germany ([3DCenter](https://videocardz.com/newz/gpu-prices-in-germany-are-now-the-lowest-since-february)) have hit a 6 month low and [Chinese miners are continuing to flood local markets](https://futurism.com/the-byte/china-bitcoin-market-gpus) with cheap, second hand parts. With the wider crypto market in a lul as well, the stage is set for a crash, making this potentially, the worst time to buy a GPU.', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/', 'oekz13', [['u/xd366', 39, '2021-07-06 04:26', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h470tq6/', '>Prices Hit 6-Month Low In Global Markets \n\nchecks offer up > 3070s for $1250....yea idk about that', 'oekz13'], ['u/Rawtashk', 13, '2021-07-06 06:41', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h47dv39/', "The difference is that you're selling old hardware. Miners like me with double digit rtx 30 series cards aren't going to have 75% price drops like Vega 56s.", 'oekz13'], ['u/PickleRickPax', 10, '2021-07-06 06:50', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h47eowh/', 'Hmm, my local classifieds went down on 3070 from $1250-1400 to $900-1000 and been sitting there for atleast a week, i just troll those fuckers with below msrp offers lol', 'oekz13'], ['u/dextersh', 10, '2021-07-06 18:33', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h494ga5/', "Bruh, it has been the worst time to buy for half a year. If I listened to that I would die from old age before I make any money. I don't know about you but I am stacking GPUs.", 'oekz13']]], ['u/JeffGDoubleE69', 'It’s not worth risking a 5-6 figure gain over a few thousand dollars', 450, '2021-07-06 04:09', 'https://www.reddit.com/r/Bitcoin/comments/oeljkv/its_not_worth_risking_a_56_figure_gain_over_a_few/', 'For a bit of context, I sold out of all my stocks in May after seeing Bitcoin drop from its ATH. Since then, I’ve been waiting on the sidelines to buy in. In that time, my would-be stock positions have risen 20-30K in total while I’ve been sitting on cash waiting for the right moment to buy into Bitcoin. \n\nI recently decided to say fuck it and pull the tri... 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 Pavilions Hotels & Resorts, a high-end hotels group, will begin accepting cryptocurrency to book accomodations on Wednesday, the company said in apress release.\n• The company will partner with crypto payment services provider Coindirect to allow customers to book rooms withbitcoin,ethereumand 40 other digital currencies.\n• “Allowing this flexibility in payments combined with security and peace of mind for our guests is the next step in personalized and bespoke services,” said Pavilions founder and owner Gordon Oldham.\n• Pavilions’ portfolio of 14 properties in Europe and the Asia Pacific region includes locations in Madrid, Rome, Lisbon, Bali, Thailand, Mongolia and the Himalayas.\n• Hotel guests will be able to pay in cryptocurrencies directly through each hotel’s reservations center, and in the future will also be able to pay via website booking engines.\n• U.S. luxury chain Kessler Collectionannouncedin March it would accept bitcoin, ether,dogecoinand certain other cryptocurrencies for bookings through payment processor BitPay.\n• Alchemy Adds Polygon Support for Faster Development on Ethereum’s Leading Layer 2\n• Ash Egan Launches VC Fund With $55M in ‘Inception Capital’\n• Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says\n• Ethereum’s London Hard Fork Expected to Launch on Aug. 4', 'The Pavilions Hotels & Resorts, a high-end hotels group, will begin accepting cryptocurrency to book accomodations on Wednesday, the company said in a press release . The company will partner with crypto payment services provider Coindirect to allow customers to book rooms with bitcoin , ethereum and 40 other digital currencies. “Allowing this flexibility in payments combined with security and peace of mind for our guests is the next step in personalized and bespoke services,” said Pavilions founder and owner Gordon Oldham. Pavilions’ portfolio of 14 properties in Europe and the Asia Pacific region includes locations in Madrid, Rome, Lisbon, Bali, Thailand, Mongolia and the Himalayas. Hotel guests will be able to pay in cryptocurrencies directly through each hotel’s reservations center, and in the future will also be able to pay via website booking engines. U.S. luxury chain Kessler Collection announced in March it would accept bitcoin, ether, dogecoin and certain other cryptocurrencies for bookings through payment processor BitPay. Related Stories Alchemy Adds Polygon Support for Faster Development on Ethereum’s Leading Layer 2 Ash Egan Launches VC Fund With $55M in ‘Inception Capital’ Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says Ethereum’s London Hard Fork Expected to Launch on Aug. 4 View comments', 'Cryptocurrency exchange Huobi’s Eco Chain (HECO) has added a bevy of new validators to its network in a bid to improve stability and decentralization.\n• Eleven blockchain and decentralized finance (DeFi) projects have elected to run validating nodes for HECO’s mainnet, according to a press release on Wednesday.\n• Animoca Brands and CoinMarketCap have elected to sign on as validators as have DeFi projects Lightnet and CoinWind.\n• Staking-as-a-service platform Allnodes, blockchain firm Hashed, multi-chain wallet Coin98, trading firm Alphanonce, Signum Capital and Legend also signed on.\n• Nodes are electronic devices operating software. They are distributed across a particular network, performing a number of tasks including communicating and transferring information about transactions and new blocks.\n• “Nodes play a crucial role in the long-term success of a public blockchain network,” said HECO’s chief, Leo Su.\n• HECO is Huobi’s answer to Binance’s Smart Chain (BSC), having launched three months after BSC went live.\n• Since the chain’s mainnet launch in December 2020, over 200 projects have deployed on HECO with $6 billion in total value locked, according topublic data.\n• Huobi’s chain currently touts the ability to process over500 transactionsper second with fees averaging around $0.001, and utilizes the native Huobi Token (HT).\n• Ethereum-Based Shyft Network Launches, Aims for FATF-Compliant DeFi\n• Axie Profiting From Booming NFT Economy as Bitcoin Struggles\n• DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx\n• DeFi Exchange PancakeSwap’s Token Jumps 15% Amid Burn Event', 'Cryptocurrency exchange Huobi’s Eco Chain (HECO) has added a bevy of new validators to its network in a bid to improve stability and decentralization. Eleven blockchain and decentralized finance (DeFi) projects have elected to run validating nodes for HECO’s mainnet, according to a press release on Wednesday. Animoca Brands and CoinMarketCap have elected to sign on as validators as have DeFi projects Lightnet and CoinWind. Staking-as-a-service platform Allnodes, blockchain firm Hashed, multi-chain wallet Coin98, trading firm Alphanonce, Signum Capital and Legend also signed on. Nodes are electronic devices operating software. They are distributed across a particular network, performing a number of tasks including communicating and transferring information about transactions and new blocks. “Nodes play a crucial role in the long-term success of a public blockchain network,” said HECO’s chief, Leo Su. HECO is Huobi’s answer to Binance’s Smart Chain (BSC), having launched three months after BSC went live. Since the chain’s mainnet launch in December 2020, over 200 projects have deployed on HECO with $6 billion in total value locked, according to public data . Huobi’s chain currently touts the ability to process over 500 transactions per second with fees averaging around $0.001, and utilizes the native Huobi Token (HT). Related Stories Ethereum-Based Shyft Network Launches, Aims for FATF-Compliant DeFi Axie Profiting From Booming NFT Economy as Bitcoin Struggles DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx DeFi Exchange PancakeSwap’s Token Jumps 15% Amid Burn Event', 'U.S. West Texas Intermediate crude oil futures are trading steady early Wednesday after plunging the previous session, following the cancellation of talks between OPEC+ producers that raised the prospect that the world’s major crude exporters will turn on the taps to gain market share. Energy ministers from OPEC and its allies including Russia ended talks on supply policy on Monday.\nAt 04:39 GMT,September WTI crude oil futuresare trading $72.66, up $0.08 or +0.11%.\nDivisions between Saudi Arabia, the biggest OPEC producer, and the United Arab Emirates (UAE), which opposed extending supply constraints designed to support prices after the fall in demand from the pandemic, were the main reason behind the failure of the discussions.\nLater on Wednesday at 20:30 GMT, theAmerican Petroleum Institute (API)will release its weekly crude oil and gasoline inventories figures.\nThe main trend is up according to the daily swing chart, however, momentum may be getting ready to shift to the downside with the formation of a potentially bearish closing price reversal top on Tuesday.\nA trade through $72.16 will confirm the closing price reversal top and shift momentum to the downside. The main trend will change to down on a move through $71.28. A move through $76.07 will negate the chart pattern and signal a resumption of the uptrend.\nOn the upside, a pair of 50% levels at $73.68 and $74.12 are potential resistance levels.\nOn the downside, potential support is a pair of 50% levels at $71.96 and $70.33.\nThe main range is $61.06 to $76.07. If the main trend changes to down then its retracement zone at $68.57 to $66.79 will become the primary target area.\nThe direction of the September WTI crude oil market on Wednesday is likely to be determined by trader reaction to $73.68 and $74.12.\nA sustained move over $74.12 will indicate the presence of buyers. If this creates enough upside momentum then look for the rally to possibly extend into $76.07.\nA sustained move under $73.68 will signal the presence of sellers. The first down side targets are $72.16 and $71.96, followed closely by the main bottom at $71.28.\nTaking out $71.28 will change the main trend to down, leading to a test of $70.33. This is a potential trigger point for an acceleration into $68.57 to $66.79.\nLook for heightened volatility over the near-term. Prices could spike higher if OPEC+ decides to return to the negotiation table, or plunge if traders decide to liquidate long positions due to uncertainty and the lack of clarity.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Today’s Market Wrap Up and a Glimpse Into Wednesday\n• Economic Data from the Eurozone and Canada in Focus ahead of the FOMC Meeting Minutes\n• Bitcoin Price Prediction – A Break Through to $35,500 Levels Would Bring $37,000 into View\n• USD/CAD Exchange Rate Forecast – USD/CAD Rallies Breaking Out Ahead of FOMC Minutes\n• Silver Price Prediction – Prices Drop on Weak Services Sector Report\n• Natural Gas Price Prediction – Prices Slip As Elsa Curves Eastward', 'U.S. West Texas Intermediate crude oil futures are trading steady early Wednesday after plunging the previous session, following the cancellation of talks between OPEC+ producers that raised the prospect that the world’s major crude exporters will turn on the taps to gain market share. Energy ministers from OPEC and its allies including Russia ended talks on supply policy on Monday. At 04:39 GMT, September WTI crude oil futures are trading $72.66, up $0.08 or +0.11%. Divisions between Saudi Arabia, the biggest OPEC producer, and the United Arab Emirates (UAE), which opposed extending supply constraints designed to support prices after the fall in demand from the pandemic, were the main reason behind the failure of the discussions. Later on Wednesday at 20:30 GMT, the American Petroleum Institute (API) will release its weekly crude oil and gasoline inventories figures. Daily September WTI Crude Oil Daily Swing Chart Technical Analysis The main **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: 2021-07-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $650,238,674,278 - Hash Rate: 87820755.10899657 - Transaction Count: 221227.0 - Unique Addresses: 568382.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto asset manager Valkyrie Investments has raised $10 million in a Series A funding found from an interesting roster of backers. Precept Capital Management, XBTO, 10X Capital and UTXO Management headlined the fundraise but it also included Tron founder Justin Sun, Litecoin founder Charlie Lee and former Major League Baseball pitcher C.J. Wilson. Valkyrie is well known in crypto as one of a handful of U.S. companies waiting patiently in line for a bitcoin exchange-traded fund (ETF) to be approved by the Securities and Exchange Commission (SEC). Related: Blockware Raises $25M to Expand Bitcoin Mining Operations in Kentucky The funding will help drive Valkyrie’s three business lines, said the firm’s chief investment officer, Steven McClurg: a trust or separately managed account (SMA) offering designed for institutional investors; the ETF division; and a hedge fund business. This translates into expanding the Valkyrie presence in Nashville, including hiring additional research, compliance and marketing staff, according to a press release. There are also plans to expand the firm’s presence in Asia. ‘Absolutely insane’ A few days ago, the SEC said it would delay a decision on Valkyrie’s ETF application, having pushed back on a similar application from VanEck Bitcoin Trust the week before. “Never in my career in financial services have I seen anything like this, where there’s 13 applications for the same ETF product,” McClurg said in an interview. “It’s absolutely insane.” Related Stories Web3 Creators Have a New Platform for Minting Social Tokens A16z Leads $12M Investment in DeFi-Native Crypto Tracing Firm Nansen Cathie Wood’s ARK Invest, 21Shares Team Up to Enter Bitcoin ETF Race... - 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 U.S. Securities and Exchange Commission (SEC) has extended its review of SkyBridge Capital’s application for abitcoinexchange-traded fund, a filing by the U.S. regulatory agencyshows.\n• Anthony Scarammuci’sSkyBridge Capitalsubmitted an application on May 6 to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust.\n• The SEC has extended its initial 45-day review period to Aug. 25.\n• The agency has received public comment on the application.\n• U.S. regulators have been extremely reticent to approve such investment vehicles, which would provide retail investors with access to the bitcoin market without having to own bitcoin itself. ETFs are a staple of many retirement portfolios.\n• Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation\n• Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review\n• Bitcoin Sell-Off Could Stabilize Around $30K Support\n• Economic Union of 15 West African States Voices Concerns Over Crypto Volatility', 'The U.S. Securities and Exchange Commission (SEC) has extended its review of SkyBridge Capital’s application for abitcoinexchange-traded fund, a filing by the U.S. regulatory agencyshows.\n• Anthony Scarammuci’sSkyBridge Capitalsubmitted an application on May 6 to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust.\n• The SEC has extended its initial 45-day review period to Aug. 25.\n• The agency has received public comment on the application.\n• U.S. regulators have been extremely reticent to approve such investment vehicles, which would provide retail investors with access to the bitcoin market without having to own bitcoin itself. ETFs are a staple of many retirement portfolios.\n• Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation\n• Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review\n• Bitcoin Sell-Off Could Stabilize Around $30K Support\n• Economic Union of 15 West African States Voices Concerns Over Crypto Volatility', 'The U.S. Securities and Exchange Commission (SEC) has extended its review of SkyBridge Capital’s application for a bitcoin exchange-traded fund, a filing by the U.S. regulatory agency shows . Anthony Scarammuci’s SkyBridge Capital submitted an application on May 6 to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust. The SEC has extended its initial 45-day review period to Aug. 25. The agency has received public comment on the application. U.S. regulators have been extremely reticent to approve such investment vehicles, which would provide retail investors with access to the bitcoin market without having to own bitcoin itself. ETFs are a staple of many retirement portfolios. Related Stories Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review Bitcoin Sell-Off Could Stabilize Around $30K Support Economic Union of 15 West African States Voices Concerns Over Crypto Volatility', 'Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. Lumenswap Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. Moscow, Russia, July 08, 2021 (GLOBE NEWSWIRE) -- Lumenswap, a decentralized exchange for the Stellar network allowing its users to swap and trade assets on the network using minimal interface, would soon launch a new version enabling more trading with less transaction fee to broad-base the system. The CEO of Lumenswap announced about its soon-to-be-launched DeFi ecosystem to facilitate more trading with the least possible transaction fee. The company CEO made this announcement in his latest official statement on Monday. Making this corporate announcement here, the Lumenswap CEO Jed McCaleb said the company is simplifying the system of trading on digital assets, quickening the swapping with least possible interface. “We aimed at making a dedicated ultra-sophisticated App that would facilitate this process. Lumenswap will help our customers swap their trade assets easily with minimal interference on the Stellar blockchain.,” Lumenswap CEO added.. The sources from Lumenswap also added that they will prioritise the key elements of transparency in the decentralised financial network to guarantee the security of data and transactions. Lumenswap is a decentralized exchange and open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. In the cryptocurrency market, one of the most important factors is the initial and original creator of the coin. Lumenswap, which helps the traders and businesses make their transactions using the stellar network, is also affected by the people’s viewpoint on the head of the Stellar network. Jed McCaleb and Joyce Kim are the original founders of Stellar network and its coin which was initially called Stellar. With Jed McCaleb having worked on the development of the cryptocurrencies for a long time (previously working with Ripple Labs Inc to create Ripple), we can make sure of the founders. Story continues As you know, banks and organizations use Ripple widely to transfer money, but Jed McCaleb devised XLM especially for traders among individuals. This has allowed more and more traders to use cryptocurrencies in their daily transactions. Lumenswap, being a client of Stellar, follows similar rules as Stellar. At first glance, Stellar seems very similar to the traditional system of banks, following some similar rules, but there are critical differences when we get deeper into the subject. Stellar, using a decentralized system, has faster and cheaper (in terms of fee) transactions than many other platforms. The Advantages of Lumenswap Find the best prices Lumenswap uses Horizon to choose the best rates for a trade based on the liquidity rates and the submitted order books on the network. Fast and Low Costs Lumenswap client is on the Stellar Network so it benefits from its features such as scalability and low fees. Open and Decentralized By default, all of the available assets on the Stellar Network are also available for trade on Lumenswap. You can add whichever you want to Lumenswap and convert them to each other. Support of Popular Wallets For better accessibility, Lumenswap supports different wallets. Currently, you can use Rabet , Freighter , Albedo , and private keys. Sustainability of the blockchains The sustainability of blockchains has become a trend in recent years. Lumenswap offers all its services using XLM. There is a limited amount of this currency, which is already released. To access this asset one has to exchange other forms of cryptocurrency or fiat money into XLM. This means there is no need for mining to gain more currency. This is a distinctive characteristic of XLM and Lumenswap, which also makes them green and environment-friendly to trade. This has become especially important as mining other cryptocurrencies such as Bitcoin or Chia uses up sources and equipment and has led to an excessive increase of resource prices and also the worldwide shortage of electronic chips used for mining. LSP asset The Lumenswap team released the Tokenomics and roadmap of LSP asset (Lumenswap native asset) a few days ago and, according to the article, they will hold an auction on their platform in the next few weeks. If you are interested in participating in it, follow them: Website: https://lumenswap.io Twitter: https://twitter.com/lumenswap Medium: https://medium.com/lumenswap Gitlab: https://gitlab.com/lumenswap.io Docs: https://docs.lumenswap.io Media Details - Company name: Lumenswap Mail: [email protected] City: Moscow Country - Russia Attachment Lumenswap', 'Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface.\nMoscow, Russia, July 08, 2021 (GLOBE NEWSWIRE) -- Lumenswap, a decentralized exchange for the Stellar network allowing its users to swap and trade assets on the network using minimal interface, would soon launch a new version enabling more trading with less transaction fee to broad-base the system.\nThe CEO ofLumenswapannounced about its soon-to-be-launched DeFi ecosystem to facilitate more trading with the least possible transaction fee. The company CEO made this announcement in his latest official statement on Monday.\nMaking this corporate announcement here, the Lumenswap CEO Jed McCaleb said the company is simplifying the system of trading on digital assets, quickening the swapping with least possible interface.\n“We aimed at making a dedicated ultra-sophisticated App that would facilitate this process. Lumenswap will help our customers swap their trade assets easily with minimal interference on the Stellar blockchain.,” Lumenswap CEO added..\nThe sources from Lumenswap also added that they will prioritise the key elements of transparency in the decentralised financial network to guarantee the security of data and transactions.\nLumenswap is a decentralized exchange and open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface.\nIn the cryptocurrency market, one of the most important factors is the initial and original creator of the coin. Lumenswap, which helps the traders and businesses make their transactions using the stellar network, is also affected by the people’s viewpoint on the head of the Stellar network. Jed McCaleb and Joyce Kim are the original founders of Stellar network and its coin which was initially called Stellar. With Jed McCaleb having worked on the development of the cryptocurrencies for 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: 2021-07-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $621,351,735,469 - Hash Rate: 99244593.17195548 - Transaction Count: 230719.0 - Unique Addresses: 580441.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Co2Bitcoin is now available at the STEX Exchange which is also licensed in the USA to support American traders! ( https://app.stex.com/en/trading/pair/USDC/CO2B/1D ) NEW YORK, NY / ACCESSWIRE / May 17, 2021 / A decentralized group of innovators and visionaries, focused on mitigating the causes and potentially cataclysmic effects of climate change, has introduced a new financial instrument. A cryptocurrency, Co2Bitcoin (Co2B) will help Countries to finance local projects to combat global warming's negative effects on our environment and inhabitants. In order to do that, Co2Bitcoins have been used to acquire and protect over 100 million trees in the Brazilian Rainforest, bring energy to remote villages and change lives of those less fortunate. Co2Bit has already signed partnerships with many countries across the globe. It has many advantages, that point to its sustainable impact on the global environment: It is the first crypto currency that has the formal support of many countries. The governments are the main cryptocoin holders, giving the coins a more secure stature. It has a comprehensive objective to protect the planet and its inhabitants, through the financing of projects aimed at reducing the impacts of global warming in the near term and long term in a sustainable manner. It will make it possible to create a more efficient and liquid voluntary carbon credit option, which will allow large emitters to come and buy Co2Bitcoins with its humanitarian focus on projects not just measurable in tons of Co2, in addition to carbon credits. This will have a stronger impact as they strive to maintain positive brand images. The price of carbon credit certificates has steadily increased over the past 4 years. As many polluting actors are obliged (legally, or more often by market forces) to offset their carbon footprint. Co2Bitcoin could become a new financial instrument used by companies as a voluntary carbon credit. This Co2Bitcoin asset could, specifically, be mentioned in the environmental annual reports of companies to raise their ESG rating. This will ultimately result in this currency being used more and more, increasing its liquidity and utility. Story continues The Co2Bit cryptocurrency, when injected into climate mitigation project financing, facilitates technological innovations in solar, wind, and hydroelectric power stations, new technologies for making steel and plastics, advancing agricultural yields, and other projects impacting deforestation and reforestation globally. The Co2Bit currency will benefit from strong overlapping trends as significant interest from private and institutional players in cryptocurrencies are multiplying across the entire asset class. In the words of Anatoly Karpov, International Statesman & Ten-Time World Chess Champion," Co2Bitcoin is a real, practical step to try and solve the problem of Global Warming which disturbs the whole world." Co2B coins are now available on the highly respected STEX Exchange ( https://app.stex.com/en/trading/pair/USDC/CO2B/1D ). Media contact: Company: Co2Bitcoin Contact: Ron Henley, IGM Email: [email protected] Telephone: +1 (917) 612-7416 (GMT -5) Website: https://co2bit.com/contactus/ SOURCE: Co2Bitcoin View source version on accesswire.com: https://www.accesswire.com/647716/The-Worlds-First-Cryptocurrency-Co2Bitcoins-to-Benefit-Climate-Change-Now-Trading-on-Stex-Exchange... - 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 3.04% on Thursday. Following a 1.07% loss on Wednesday, Bitcoin ended the day at $32,857.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $33,939.0 before hitting reverse.\nFalling well short of the first major resistance level at $34,713, Bitcoin tumbled to a late morning intraday low $32,063.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $33,437 and the second major support level at $32,986.\nSteering clear of sub-$32,000 support, levels, Bitcoin revisited $33,100 levels before a fall back to sub-$33,000 levels.\nThe brief return to $33,000 levels had seen Bitcoin move back through the second major support level before sliding back.\nThe near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBitcoin Cash SVrose by 1.46% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkandEthereumslid by 7.13% and by 8.66% respectively to lead the way down.\nBinance Coin(-5.38%),Cardano’s ADA(-5.45%),Crypto.com Coin(-6.49%),Litecoin(-3.91%), Polkadot (-6.44%), andRipple’s XRP(-4.32%) also saw heavy losses.\nIn the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Thursday low $1,323bn. At the time of writing, the total market cap stood at $1,342bn.\nBitcoin’s dominance rose to a Monday high 45.73% before falling to a Wednesday low 44.55%. At the time of writing, Bitcoin’s dominance stood at 45.64%.\nAt the time of writing, Bitcoin was down by 0.58% to $32,665.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,861.0 before falling to a low $32,574.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was up by 0.45% to lead the way.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Litecoin was down by 1.94% to lead the way down.\nBitcoin would need to move through the $32,953 pivot to bring the first major resistance level at $33,843 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $33,500 levels.\nBarring a broad-based crypto rebound, the first major resistance level and Thursday’s high $33,939.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,829.\nFailure to move through the $32,953 pivot would bring the first major support level at $31,967 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,077 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Slip Despite a Dollar Decline\n• The Crypto Daily – Movers and Shakers – July 9th, 2021\n• USD/INR: Rupee Snaps Two-Day Losing Streak, Gains 9 Paise In Early Trade\n• USD/JPY Fundamental Daily Forecast – Falling Treasury Yields Driving Investors into Safe-Haven Japanese Yen\n• European Equities: A Quiet Economic Calendar Leaves COVID-19 and Central Banks in Focus\n• Today’s Market Wrap Up and a Glimpse Into Friday', 'Bitcoin , BTC to USD, fell by 3.04% on Thursday. Following a 1.07% loss on Wednesday, Bitcoin ended the day at $32,857.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $33,939.0 before hitting reverse. Falling well short of the first major resistance level at $34,713, Bitcoin tumbled to a late morning intraday low $32,063.0. The extended sell-off saw Bitcoin fall through the first major support level at $33,437 and the second major support level at $32,986. Steering clear of sub-$32,000 support, levels, Bitcoin revisited $33,100 levels before a fall back to sub-$33,000 levels. The brief return to $33,000 levels had seen Bitcoin move back through the second major support level before sliding back. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 rose by 1.46% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink and Ethereum slid by 7.13% and by 8.66% respectively to lead the way down. Binance Coin (-5.38%), Cardano’s ADA (-5.45%), Crypto.com Coin (-6.49%), Litecoin (-3.91%), Polkadot (-6.44%), and Ripple’s XRP (-4.32%) also saw heavy losses. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Thursday low $1,323bn. At the time of writing, the total market cap stood at $1,342bn. Bitcoin’s dominance rose to a Monday high 45.73% before falling to a Wednesday low 44.55%. At the time of writing, Bitcoin’s dominance stood at 45.64%. This Morning At the time of writing, Bitcoin was down by 0.58% to $32,665.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,861.0 before falling to a low $32,574.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Crypto.com Coin was up by 0.45% to lead the way. It was a bearish start for the rest of the majors, however. At the time of writing, Litecoin was down by 1.94% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $32,953 pivot to bring the first major resistance level at $33,843 into play. Support from the broader market would be needed for Bitcoin to break out from $33,500 levels. Barring a broad-based crypto rebound, the first major resistance level and Thursday’s high $33,939.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,829. Failure to move through the $32,953 pivot would bring the first major support level at $31,967 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,077 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Slip Despite a Dollar Decline The Crypto Daily – Movers and Shakers – July 9th, 2021 USD/INR: Rupee Snaps Two-Day Losing Streak, Gains 9 Paise In Early Trade USD/JPY Fundamental Daily Forecast – Falling Treasury Yields Driving Investors into Safe-Haven Japanese Yen European Equities: A Quiet Economic Calendar Leaves COVID-19 and Central Banks in Focus Today’s Market Wrap Up and a Glimpse Into Friday', 'July 9 (Reuters) - Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet on Thursday shortly before U.S. Senator Elizabeth Warren flagged growing risks posed to consumers and financial markets by the cryptocurrency market. Bitcoin wallets can be stored offline or online at cryptocurrency exchanges, venues where bitcoin can be bought and sold for traditional currencies or other virtual coins. With a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours. With a custodial wallet, another party controls your private keys. Most custodial wallets are web-based exchange wallets. "We have decided to build a hardware wallet and service to make bitcoin custody more mainstream...", Jesse Dorogusker, head of hardware at Square said in a twitter thread https://bit.ly/2TUta9H. Many companies have emerged to serve a growing need to protect their assets from online theft. Last month, Chief Executive Officer Jack Dorsey hinted in a tweet https://bit.ly/36prSGA that the company was considering creating a non-custodial hardware wallet for bitcoin. Dorsey is also the chief executive of Twitter Inc. Cryptocurrencies reached a record capitalization of $2 trillion in April, but U.S. oversight of the market remains patchy. Warren, a former U.S. presidential candidate, on Thursday raised concerns in a letter to Securities and Exchange Commission Chair Gary Gensler, in an effort that could help lay the groundwork for legislation to regulate the fast-growing cryptocurrency market. (Reporting by Sabahatjahan Contractor in Bengaluru, Editing by Sherry Jacob-Phillips)', 'July 9 (Reuters) - Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet on Thursday shortly before U.S. Senator Elizabeth Warren flagged growing risks posed to consumers and financial markets by the cryptocurrency market.\nBitcoin wallets can be stored offline or online at cryptocurrency exchanges, venues where bitcoin can be bought and sold for traditional currencies or other virtual coins.\nWith a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours. With a custodial wallet, another party controls your private keys. Most custodial wallets are web-based exchange wallets.\n"We have decided to build a hardware wallet and service to make bitcoin custody more mainstream...", Jesse Dorogusker, head of hardware at Square said in a twitter thread https://bit.ly/2TUta9H.\nMany companies have emerged to serve a growing need to protect their assets from online theft.\nLast month, Chief Executive Officer Jack Dorsey hinted in a tweet https://bit.ly/36prSGA that the company was considering creating a non-custodial hardware wallet for bitcoin. Dorsey is also the chief executive of Twitter Inc.\nCryptocurrencies reached a record capitalization of $2 trillion in April, but U.S. oversight 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: 2021-07-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $616,164,092,762 - Hash Rate: 93532674.14047602 - Transaction Count: 227511.0 - Unique Addresses: 569423.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For Immediate Release Chicago, IL – May 28, 2021 – 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: The Walt Disney Company, Inc. DIS, Apple Inc. AAPL, Netflix, Inc. NFLX and Amazon.com, Inc. AMZN. Here are highlights from Thursday’s Analyst Blog: 3 Stocks to Watch as Streaming Services Continue to Grow in Popularity Video streaming services witnessed unprecedented growth in the number of subscribers over the past year, thanks to the pandemic that kept people at home who had not much to do in their spare time but to binge on films and web series. Video streaming services have been giving cable and traditional television stiff competition for some time now. The pandemic further intensified the rivalry as it also coincided with the lunch of a number of new video streaming services. According to Fortune Business Insights, the video streaming market is projected to surpass $800 billion by 2027. Streaming Services Gain Popularity As most people were left with no option for entertainment following the COVID-19 outbreak and the lockdowns thereafter, they took to watching videos online. This saw subscribers increasing by leaps and bounds. According to a report in Variety, the combined user numbers of leading video streaming services grew more than 50% year over year in 2020. Interestingly, a couple of video streaming services were launched just months before the pandemic broke out and following that a few more services were launched. Interestingly, almost all the service providers gained during this period in the number of subscribers, which eventually helped to boost their revenues. According to Deloitte's 15th annual Digital Media Trends, today 82% of consumers subscribe to at least one or more paid video streaming services. The churn rate for video streaming services between October 2020 and February 2021 is hovering around approximately 37%. Story continues Streaming Services Poised to Grow Pay TV has been suffering at the hand of streaming services for quite some time. In fact, according to a Bloomberg report, The Walt Disney Co. plans to shut down 100 of its international TV channels by the end of 2021 as it plans to focus more on its streaming services like Disney+. According to Fortune Business Insights, the global video streaming market share will witness a CAGR of 12% and hit $842.93 billion by 2027. The video streaming market stood at $342.44 billion in 2019. Moreover, many media companies that have been waiting for theater releases are premiering on OTT platforms, which have further been helping the streaming industry. Stocks in Focus Streaming services have been on a high ever since the coronavirus outbreak. With not too many entertainment options left open till now, they are likely to benefit in the coming months too. This thus makes an opportune time to invest in video streaming stocks. Apple launched its streaming services last year and has gained immense popularity since then. The company reportedly has more than 30 million TV subscribers. The company's expected earnings growth rate for the current year is 55.5%. The Zacks Consensus Estimate for current-year earnings has improved 13.8% over the past 60 days. Apple has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Netflix is considered a pioneer in the streaming space. It has been spending aggressively on building its original show portfolio. The company added more than 3.98 million paid subscribers in the first quarter of 2021 for a total of 207.64 million globally. The company's expected earnings growth rate for the current year is 71.7%. The Zacks Consensus Estimate for current-year earnings has improved 6.4% over the past 60 days. The company currently has a Zacks Rank #3 (Hold). Amazon.com , besides being an e-commerce giant, offers several other services. Amazon Prime, a membership program, provides access to streaming of movies and TV episodes among other services, and is one of the market leaders in the streaming space. The company's expected earnings growth rate for the current year is 34.5%. The Zacks Consensus Estimate for current-year earnings has improved 13.3% over the past 60 days. Amazon carries a Zacks Rank #3. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency have sparked one of the most exciting discussion topics of a generation. Some call it the "Internet of Money" and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we're still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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/performance for 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/xFxD', "So you'll just take your profits in 4 years...", 26, '2021-07-09 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/', 'I quite frequently read people posting about the next cycle with absolute certainty. "Don\'t mind if we enter a bear market, in 4 years we\'ll see a new ATH". This is a dangerous opinion to hold, let me explain you why:\n\nFirst and foremost, crypto is a highly speculative asset. Neither you nor anyone else can predict the future. With that out of the way, what is this statement fundamentally based upon? We had peaks in 2013/2014, 2017 and 2021.\n\nThree times, cryptocurrencies spiked with roughly four years in between, with long bear markets in between. In every single bull market, a lot more new people were introduced to cryptocurrencies, bringing fresh money in. This is the first reason why this trend might not continue - most people have heard of cryptocurrencies by now. They\'ve become known enough to not allow a drastic increase in previously unknowing people.\n\nSecondly, the market cycle needs a bull and a bear market. In the bear market, the overwhelming opinion is that bitcoin / crypto is dead. When everyone is sure that it will be spiking in 4 years, we might not see a proper bear market. Things might very well mellow out a bit and not move too drastically in the next few years.\n\nWhat are you going to do if we don\'t see a bull market in 6 years? Are you gonna cut your losses since it seemingly goes nowhere? Are you just going to wait? How are other people going to react? There are a multitude of scenarios possible, and quite a lot of them do not involve a new ATH in four (or a few more) years. Want some examples?\n\nTether crashes and the market never recovers. ETH overtakes BTC, reducing the impact the BTC halving has. USA or EU place restrictions on cryptocurrency trading.\n\nYou must have an exit strategy for all of these situations. Do not see crypto as your only way out, because if you see it as without alternative and it fails, you are fucked. This is the reason why "don\'t invest what you can\'t afford to lose" is a mantra.', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/', 'oghsn8', [['u/step11234', 17, '2021-07-09 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4iwj07/', "Luckily we have all only invest what we can afford to lose, so it doesn't matter if it never comes back... right?", 'oghsn8'], ['u/Rock_Strongo', 51, '2021-07-09 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4iwn9x/', 'My exit strategy in the worst case scenario is my initial investment goes to 0, I cry myself to sleep for a few nights, and then I move on with my life.', 'oghsn8'], ['u/TempMobileD', 12, '2021-07-09 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4ix3rv/', 'Doesn’t matter if it’s 4 months, 4 years or 14 years, I’ll just be staking eth and loaning out btc. Even if the price stays stagnant, defi outperforms most things. Sure, it might not stay in its current form, but I can ride that wave.', 'oghsn8'], ['u/nthgen', 21, '2021-07-09 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4iza8l/', "OP, there is a bull every 4 years because bitcoin's mining reward is cut in half.\n\nThat effect is real and is the sole reason for the cycles.\n\nAll the other crypto assets follow suit.", 'oghsn8']]], ['u/c0mm0ns3ns3', 'Both EU and US are planning to make private „anonymous wallets“ illegal. We CRYPTO holders need to act now!', 3848, '2021-07-09 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/', "So the regulatory grip is tightening around the world and it’s getting more and more absurd. We as crypto supporters need to come together and should wipe off the tribalism. If governments want to make anonymous wallets illegal it only means one thing: Crypto owners being forced to deposit their holdings on „identifiable“ wallets, which are usually only available on exchanges (= the new banks?) These are places where authorities are able to have a detailed look at your holdings and even have the possibility to confiscate your holdings or block you for whatever reason they have. Being the only person who has complete control over your own crypto assets was and is the main argument for crypto and the ultimate form of freedom. There’re already existing KYC/AML rules on exchanges which is fair enough, but forcing people to get rid of their private wallets is outrageous! I urge everyone to have a look at your country’s plans and to contact politicians who are responsible for these topics. If we don’t do anything against this, regulation will kill all the innovation and freedom we’ve achieved so far ...\n\n**EDIT: So I obviously wrote this post in an emotional state, I could've added additional sources, but it doesn't change the fact, that these are important times ahead of us and that governments and (central banks) around the world don't like the dynamics coming from the whole crypto and blockchain sphere.** \n\n\n>**Here's another source coming directly from an EU member:** [*New rules for Bitcoin & Co: My proposals for the EU crypto regulation - Sven Giegold - Mitglied der Grünen Fraktion im Europaparlament (sven-giegold.de)*](https://sven-giegold.de/en/mica-green-amendments/) \n**Thx to** /u/meesa-jar-jar-binks**/** \n\n\n**Additional info by** /u/popopopopopopopq**/ Thx!**\n\n>But they are indeed doing some work on Crypto. Here some sources: \n> \n>[Draft](https://www.politico.eu/wp-content/uploads/2020/09/CLEAN-COM-Draft-Regulation-Markets-in-Crypto-Assets.pdf) the article was mentioning \n> \n>[EU Regulatory framework for crypto-assets](https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12089-Financial-services-EU-regulatory-framework-for-crypto-assets_en) (below you can find all their documentation on all Impact assessment reports, Opinions, summaries, proposals for regulations. \n> \n>[Details on the Expert Group that is working on it](https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?do=groupDetail.groupDetail&groupID=2885&Lang=EN) \n> \n>[Proposal Currently pending](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593) (EP and Council have to approve) \n> \n>[A detailed article about the MiCA](https://www.lexology.com/library/detail.aspx?g=3edcf6c0-2637-46b3-93f0-86a6d80fb27c) \n> \n>For what regards the EU side, as citizens we can propose regulations! So we can take action\n\nEdit: one source [https://gettotext.com/eu-draft-wants-to-ban-possession-of-anonymous-crypto-wallets/](https://gettotext.com/eu-draft-wants-to-ban-possession-of-anonymous-crypto-wallets/)\n\nEdit 2: While I agree that FUD mustn’t be shared, this is not FUD. Yes it’s just an unofficial draft, but it’s important that we as a community remain vigilant and make use of our voices. I don’t have a problem with being KYC’ed on an exchange, but I want to be the only one who is in control of my assets on a private wallet. Period. And I’m sick of all these fake arguments to give away constantly more and more of my freedom and privacy.", 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/', 'ogi0c4', [['u/KenBradley81', 392, '2021-07-09 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4iyg0l/', 'You’d think US politicians would embrace anonymous wallets for accepting anonymous bribes', 'ogi0c4'], ['u/c0mm0ns3ns3', 22, '2021-07-09 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4iym89/', 'Get organized, get active, educate people around you. Defend your freedom against regulatory madness', 'ogi0c4'], ['u/fastward', 67, '2021-07-09 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4izg9j/', 'They prefer cash in bags.', 'ogi0c4'], ['u/ineedhelpwithcalcu', 97, '2021-07-09 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4izlsf/', 'XMR baby', 'ogi0c4'], ['u/c0mm0ns3ns3', 30, '2021-07-09 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4iznor/', 'To me it’s simple: whoever is selling for FIAT money is already forced to use a regular exchange, where the person is identified. But I want to be the only one who is in control of my holdings!', 'ogi0c4'], ['u/myhaxdontwork', 11, '2021-07-09 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4izswl/', 'Fortunately, true crypto enthusiasts will continue to make wallets for public use either way!', 'ogi0c4'], ['u/[deleted]', 148, '2021-07-09 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4j17rx/', 'I always laugh when I see this shit. I understand it might be scary for rookies. But this is straight up funny. They can never ban such thing. 😂', 'ogi0c4'], ['u/RealFilom', 50, '2021-07-09 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4j1f07/', 'Governments are trying to take away the one element of crypto for which it was invented in the first place, decentralization.', 'ogi0c4'], ['u/Many_Arm7466', 46, '2021-07-09 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4j1k6e/', 'XMR holders are grinning right now 😁', 'ogi0c4'], ['u/Many_Arm7466', 1685, ... 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 2.81% on Friday. Reversing a 3.04% decline from Thursday, Bitcoin ended the day at $33,769.0.\nA mixed start to the day saw Bitcoin slide to an early morning intraday low $32,237.0 before making a move.\nSteering clear of the first major support level at $31,967, Bitcoin rallied to a late intraday high $34,059.0.\nBitcoin broke through the first major resistance level at $33,843 before easing back to sub-$33,800 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nBitcoin Cash SVslid by 3.50%, with Polkadot declining by 0.42% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com Coinrallied by 6.68% to lead the way, withBinance Coin(+2.23%) andRipple’s XRP(+2.72%) finding strong support.\nChainlink(+1.52%),Cardano’s ADA(+1.70%),Ethereum(+1.47%), andLitecoin(+1.88%) trailed the front runners, however.\nIn the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,395bn.\nBitcoin’s dominance fell to a Thursday low 44.48% before rising to a Friday high 46.09%. At the time of writing, Bitcoin’s dominance stood at 45.77%.\nAt the time of writing, Bitcoin was up by 0.62% to $33,980.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,694.0 before rising to a high $34,015.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Chainlink was up by 1.21% to lead the way.\nBitcoin would need to avoid the $33,355 pivot to bring the first major resistance level at $34,473 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Friday’s high $34,059.0.\nBarring a broad-based crypto rebound, the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,177.\nA fall through the $33,355 pivot would bring the first major support level at $32,651 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level sits at $31,533.\nThisarticlewas originally posted on FX Empire\n• USD/CAD Exchange Rate Prediction – The Canadian Dollar Strengthens Following Robust Employment Report\n• Silver Weekly Price Forecast – Silver Markets Continue to Test Bottom of Triangle\n• Gold Price Prediction – Prices Rise as the Dollar Slides\n• Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners\n• Gold Weekly Price Forecast – Gold Markets Building Base\n• Silver’s Price Performance: Dollar Eases Allow XAG To Top $26', 'Bitcoin , BTC to USD, rose by 2.81% on Friday. Reversing a 3.04% decline from Thursday, Bitcoin ended the day at $33,769.0. A mixed start to the day saw Bitcoin slide to an early morning intraday low $32,237.0 before making a move. Steering clear of the first major support level at $31,967, Bitcoin rallied to a late intraday high $34,059.0. Bitcoin broke through the first major resistance level at $33,843 before easing back to sub-$33,800 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 slid by 3.50%, with Polkadot declining by 0.42% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Crypto.com Coin rallied by 6.68% to lead the way, with Binance Coin (+2.23%) and Ripple’s XRP (+2.72%) finding strong support. Chainlink (+1.52%), Cardano’s ADA (+1.70%), Ethereum (+1.47%), and Litecoin (+1.88%) trailed the front runners, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,395bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Friday high 46.09%. At the time of writing, Bitcoin’s dominance stood at 45.77%. This Morning At the time of writing, Bitcoin was up by 0.62% to $33,980.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,694.0 before rising to a high $34,015.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Chainlink was up by 1.21% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,355 pivot to bring the first major resistance level at $34,473 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Friday’s high $34,059.0. Barring a broad-based crypto rebound, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,177. A fall through the $33,355 pivot would bring the first major support level at $32,651 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level sits at $31,533. This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Exchange Rate Prediction – The Canadian Dollar Strengthens Following Robust Employment Report Silver Weekly Price Forecast – Silver Markets Continue to Test Bottom of Triangle Gold Price Prediction – Prices Rise as the Dollar Slides Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners Gold Weekly Price Forecast – Gold Markets Building Base Silver’s Price Performance: Dollar Eases Allow XAG To Top $26', 'Leave it to Elon Musk to give Dogecoin the lift it sorely needed. With yet another market-moving tweet on Friday, the Tesla chief\x97who famously dubbed himself\xa0\x93The Dogefather\x94\x97lifted Dogecoin out of its recent slump , driving the crypto meme-coin back above 22 cents after a steady decline that had seen it slip below 20 cents on Thursday. That\x92s still a long way from Dogecoin\x92s heady highs in May, when it broke 74 cents in the buildup to Musk\x92s hotly anticipated Saturday Night Liv e hosting appearance . https://twitter.com/elonmusk/status/1413396249546563586 But while the notion that Musk can move the crypto markets with the push of a button is well established at this point, it was his thoughts on the wonkier aspects of digital currencies that made this instance particularly curious\x97especially for those not well-versed in their technical intricacies. In responding to YouTuber and Dogecoin investor Matt Wallace\x92s observation that upcoming updates would \x93position Doge perfectly to become one of the most used currencies in the world,\x94 Musk pitched his own thoughts on upgrades to Dogecoin\x92s blockchain transaction system that, in his view, would give it an advantage over Bitcoin and Ethereum. Whereas Bitcoin and Ethereum are encumbered by transaction rates that are too \x93slow\x94 and transaction costs that are too \x93high,\x94 according to Musk, Dogecoin could avoid such issues by using exchanges like Coinbase and Binance as a \x93de facto secondary layer\x94 to process transactions\x97in theory enabling them to be quicker and more efficient. As Musk noted, both Bitcoin and Ethereum have pursued \x93multilayer\x94 transaction systems that aim to alleviate such issues, with Bitcoin\x92s Taproot upgrade expected to roll out this coming fall. But in the case of Dogecoin, the Tesla CEO appears to believe that it would be better served deploying crypto exchanges as an additional layer to allow faster, cheaper trades. As Bitcoin.com notes , Dogecoin developers are currently working on the updates that Wallace mentioned in his original tweet, which promise to lower Dogecoin\x92s fee structure and increase transaction rates. And there were no shortage of crypto-conscious Twitter users who responded to Musk to mention existing blockchain platforms that they said could do the job asked, such as Lightning Network and Solana . Story continues If the idea that crypto exchanges could serve as a \x93de facto secondary layer\x94 to authenticate and process Dogecoin transactions seems curious, if not questionable, that\x92s because it could very well be. David Sacco, a professor at the University of New Haven\x92s Pompea College of Business, tells Fortune a system granting third-party crypto exchanges a role in processing transactions seems \x93counterintuitive\x94 to the very appeal of cryptocurrencies and their underlying blockchain technology. \x93Cryptocurrency is about transacting peer-to-peer without third parties; the value of crypto comes from that [blockchain-enabled] impenetrability that allows it to exist without any third party,\x94 Sacco notes. In that regard, Musk\x92s suggestion \x93is a bit of a conflict for me," he says. There\x92s also the possibility that granting an outsized role to certain exchanges could hinder Dogecoin\x92s overall \x93fungibility,\x94 according to Sacco, by making it harder to trade the coin on certain platforms not involved in its transaction process. \x93It sounds like Ethereum and Bitcoin are doing [upgrades] that make these currencies more fungible and easier to trade,\x94 he adds. \x93If Dogecoin goes its own route, I don\x92t know how that makes it more attractive.\x94 Of course, when discussing Dogecoin, it\x92s hard to discount the thoughts of Musk\x97who, more than any other person, is most responsible for the phenomenon that is **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $640,126,379,300 - Hash Rate: 114952370.50852396 - Transaction Count: 187263.0 - Unique Addresses: 485683.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The number of bitcoin addresses in accumulation has risen to a record high as investors with long-term horizons take advantage of the recent price drop to boost their coin stashes. The count of accumulation addresses climbed to a record for the seventh consecutive day on Monday, taking the total to 545,115, according to Glassnode data. The number has increased by 16,445 since May 8 – a sign of persistent bargain hunting by long-term holders during bitcoin’s slide from $58,000 to $30,000. The balance held in accumulation addresses has jumped by 30,000 during the same time frame, hitting a two-month high of 2.79 million BTC. Glassnode defines accumulation addresses as ones that have at least two incoming non-dust (tiny amounts of bitcoin) transfers and have never spent funds. Essentially, these are long-term holder addresses. Over-the-counter (OTC) desks have also seen substantial outflows over the past two weeks, signifying dip-demand from institutional investors. On Monday, OTC desks tracked by Glassnode registered an outflow of 11,883, the most since early September. However, inflows to OTC desks wallet also spiked to a 5.5-month high of 12,392 on Monday. Inflows indicate an intention to sell but do not imply immediate liquidation. Bitcoin is currently trading near $38,000, representing a 2% drop on the day, according to CoinDesk 20. Related Stories China’s BSN Builder Urges Developers to Look Beyond Cryptocurrency A Big Week in Crypto and Adviser Guidance in the Regulatory Environment Bitcoin News Roundup for May 25, 2021 Blockchain Payments Platform Chia on an ‘Accelerated Timeline’ to IPO... - Reddit Posts (Sample): [['u/IHaventEvenGotADog', 'How does BTC price affect the activity in r/Cryptocurrency? I collected the data and took a look (This is a long one, so buckle up)', 189, '2021-07-10 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/', 'I recently started trying to predict the Moon to Karma ratio, because how cool would that be?\n\nI figured out that the total karma per Moon round correlates with the activity in the daily discussion threads.\n\nLike this:\n\nhttps://preview.redd.it/y4tm13i1w4a71.png?width=899&format=png&auto=webp&s=189cf98d79906c94d9b7f24a0afdf70a1b7c8b7e\n\nI thought it would be close, but I didn\'t expect it to be that close.\n\nThen I wondered how the BTC price activity affects what goes on in the daily discussion.\n\nSo I collected all the data. I went back to when Moons were introduced and organised it in Moon rounds, just so its easier for me to graph with other stuff.\n\nI got the BTC price from CMC and took the closing figure for each day, then I managed to get the comment count for each daily since 13th May 2020 (There are some gaps with the daily\'s as they were deleted or something like that, but its not many and it averages out alright on the whole I think)\n\n# Then I made a fucking spreadsheet, didn\'t I.\n\n# And some graphs\n\nHere\'s one:\n\nhttps://preview.redd.it/5gegpd9gw4a71.png?width=908&format=png&auto=webp&s=692a50d510c1e5aab0e728cbf6ce2d7debf54e7f\n\n# Yeah of course the price going up will increase activity round here, so what you dork? So I took a closer look.\n\nI graphed each round.\n\nRounds 1-7 look kind of boring, the same as the market was at the time. I played around with the axis scales and you can see a little bit of what\'s going on but we\'ll skip them for this post.\n\nRound 8 & 9 were when BTC started smashing ATH\'s and shit started kicking off around here.\n\n# Round 8\n\nhttps://preview.redd.it/y34tevvuy4a71.png?width=919&format=png&auto=webp&s=6c0dbf9627c742c7cd639d57a013ff43c407c176\n\n# Round 9\n\nhttps://preview.redd.it/wc85fmdwy4a71.png?width=919&format=png&auto=webp&s=21ca4f87e93bc53eab6adff2b7063f3eea19df54\n\nThis is when we started getting easily into the multiple thousand comments per day in the daily.\n\n# Round 10 \n\n(This one is broken because I couldn\'t find all the comment counts, so I just averaged them)\n\nhttps://preview.redd.it/tt3ji3lmz4a71.png?width=919&format=png&auto=webp&s=5f9df09a60d58bde47c15769e64f8f497bfeb9bc\n\n(If anyone has got the numbers for the daily in round 10 then hook me up please)\n\n# Round 11\n\nhttps://preview.redd.it/le0qsybb05a71.png?width=919&format=png&auto=webp&s=191a6b7022d271aafca0efa6819c18dffd2a29eb\n\nThis is where the good stuff starts. (If you\'re weird like me)\n\nI always thought that the price going up would be the major driver in comment amounts. People posting "To the Moon" and all the other good hype and mania.\n\nBut it looks like its quite the opposite.\n\nIt looks like misery really does enjoy company\n\nWe get the most activity and the highest peaks when the price freefalls.\n\n# Rounds 12 - 15\n\nAlmost every time the price dips a decent amount, the comment count spikes.\n\nhttps://preview.redd.it/4lxeju0v05a71.png?width=919&format=png&auto=webp&s=98874346a2b20098a6fe464e5161d4d46d4db16b\n\n​\n\nhttps://preview.redd.it/y5mpv4yv05a71.png?width=919&format=png&auto=webp&s=6e0ea10b36a066131cc2b822b6c5e233172aac15\n\n​\n\nhttps://preview.redd.it/y3l2lr1x05a71.png?width=908&format=png&auto=webp&s=f42a64382b920e0a87f6edba5c0dc5eee3167116\n\nCan anyone remember what happened on 19/05 other than the price dip? That spike is the highest daily I\'ve recorded at 58,550 comments.\n\n​\n\nhttps://preview.redd.it/bwr85i2y05a71.png?width=908&format=png&auto=webp&s=4cbe4e069aeb63165f59f27e5ae2309525df9d4d\n\nMy original idea to predict the Moon ratio is still a work in progress, it uses the daily comment count so it looks like it might be easier for me to just build a BTC price prediction and work from there. For round 15 I predicted 0.292 when it was 0.304, so I was close.\n\n​\n\n**TL;DR Misery likes company and I fucking love spreadsheets**', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/', 'oh7vsq', [['u/IHaventEvenGotADog', 36, '2021-07-10 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/h4ne8bx/', 'Shout out to u/cintre & u/nanooverbtc for their recent appreciation of my posts, it inspired me to actually write this up.\n\nAnd of course a shoutout to my Reddit BFF u/hotdogbitchface x x x', 'oh7vsq'], ['u/Wargizmo', 11, '2021-07-10 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/h4nf6ra/', 'How can I use this information to acquire more moons?', 'oh7vsq'], ['u/IHaventEvenGotADog', 10, '2021-07-10 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/h4nfe0j/', "You gotta keep the BTC price stable, the total karma will drop, the ratio will increase and we'll get more Moons.\n\nYou reckon you can give it a go?", 'oh7vsq']]], ['u/bewart1', '$CXO CargoX ONE OF THE TOP PERFORMING ALTCOINS OF 2021', 19, '2021-07-10 02:09', 'https://www.reddit.com/r/CargoXio/comments/oh7xh2/cxo_cargox_one_of_the_top_performing_altcoins_of/', '$CXO has been one of the top performing Altcoins of 2021\n\nit has a solid baseline, lack of sellers & performs well against bitcoin ( see image )\n\nhttps://preview.redd.it/6fjwlevt1aa71.png?width=1240&format=png&auto=webp&s=9e98241f73b8e48e48d56e5448acdf4ffb2e5ca8\n\nWHY?, I know do you?\n\nAnswers below...', 'https://www.reddit.com/r/CargoXio/comments/oh7xh2/cxo_cargox_one_of_the_top_performing_altcoins_of/', 'oh7xh2', [['u/RegInvests', 10, '2021-07-10 08:35', 'https://www.reddit.com/r/CargoXio/comments/oh7xh2/cxo_cargox_one_of_the_top_performing_altcoins_of/h4oe4cx/', '$50m market cap with working product, gov contract… pretty low risk for such a speculative play IMO.\n\nThe dev team survived the 2018 bear market, have stayed in touch with community and are running a 100x CXO burn per doc goodwill gesture through testing stage. \n\nAny low MC token / coin has its risks of course BUT they also have HUGe potential.\n\nIf you’re not a fan then just jog on, your all over this Reddit … what are you looking to achieve?', 'oh7xh2']]], ['u/madigan459', 'M/M Weekly Roundup - What Did You Read?', 22, '2021-07-10 02:18', 'https://www.reddit.com/r/MM_RomanceBooks/comments/oh839n/mm_weekly_roundup_what_did_you_read/', 'Hello friends and family! Which books did you complete from Sat, July 3 to Fri, Jul 9? For those of you that have them, how are you doing on your reading goals? What are you reading now?\n\nI pulled myself out of the L.A. Witt vortex (sort of) and read a few other authors this week:\n\n* [Scattered Shells (San Capistrano book 5) by Angelique Jurd](https://www.goodreads.com/book/show/40185776-scattered-shells). 4/5 stars. I took a break from this series awhile back because it\'s emotionally difficult. TW for >!family violence, family dysfunction, emotional abuse, suicidal thoughts, suicide attempt, PTSD, extreme homophobia, shame, and self-flagellation!<. I decided to pick it back up and am glad I did. This series follows one couple throughout the years as they meet, fall in love, marry, and have kids. In this book, Alex and Ben are in a place of healing as they recover from the events of the last book. I look forward to continuing the series. \n* [Stripped (Four Bears Construction book 6) by K.M. Neuhold](https://www.goodreads.com/book/show/58027718-stripped?ac=1&from_search=true&qid=3dcwCugKTn&rank=1). DNF. No rating. Miller is a confident, super buff trans man. Demetri is a bear of a history professor with zero confidence and zero self-esteem. I decided to give this one a pass. It\'s hard for me to read a book where one character\'s self-esteem is so low that they can\'t even comprehend that someone might want them. Even Miller\'s direct "we should f\\*ck" couldn\'t penetrate Demetri\'s miasma of self-loathing. It was just too f\\*cking sad for me.\n* [Press (White House Men book 1) by Nora Phoenix](https://www.goodreads.com/book/show/55270009-press). 3/5 stars. Levar is the White House press secretary; Henley is the White House correspondent for a major newspaper. Their relationship is forbidden. The romance here takes a backseat to the political intrigue running through the book. When it comes to M/M political thrillers, Tal Bauer has set the bar high ([Hush](https://www.goodreads.com/book/show/35556172-hush?from_search=true&from_srp=true&qid=cbZTkjBaX4&rank=1) is an all-time favorite read of mine) and, IMO, Phoenix does not touch it in this book. I will be continuing the series so that I might read book 3. I\'m very interested in Rhett\'s story.\n* [Point of Contact by Melanie Hansen](https://www.goodreads.com/book/show/36625948-point-of-contact). All the stars! Riley and Jesse become best buds when they\'re stationed together in Afghanistan. When Riley dies, his father, Trevor, is grief stricken. They\'re an unlikely pair, but can Jesse and Trevor find solace in each other first as friends and then as maybe something more? It\'s rare to find someone that truly understands grief. It\'s also rare to find someone that understands returning combat veterans and the impact reintegration can have on them and their families. IMO, Hansen gets it and portrays it well here.\n* [Not Safe for Work by L.A. Witt](https://www.goodreads.com/book/show/34600557-not-safe-for-work). 3/5 stars. Jon builds models for the firm that real estate developer Rick works with. Employ... 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 0.78% on Saturday. Partially reversing a 2.81% gain from Friday, Bitcoin ended the day at $33,505.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $34,242.0 before hitting reverse. Falling short of the first major resistance level at $34,473, Bitcoin fell to a late intraday low $33,011.0. Steering clear of the first major support level at $32,651, Bitcoin revisited $33,600 levels before easing back. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Chainlink and Ripple’s XRP fell by 2.36% and by 1.98% respectively to lead the way down. Ethereum (-1.72%) and Polkadot (-1.70%) weren’t far behind. Binance Coin (-0.30%), Bitcoin Cash SV (-0.13%), Cardano’s ADA (-1.06%), Crypto.com Coin (-1.34%), and Litecoin (-0.45%) saw relatively modest losses, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Saturday high 46.18%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was up by 0.03% to $33,514.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,496.0 before rising to a high $33,548.0. 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, Crypto.com Coin was up by 1.10% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $33,586 pivot to bring the first major resistance level at $34,161 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Story continues Barring a broad-based crypto rebound, the first major resistance level and Saturday’s high $34,242.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,817. Failure to move through the $33,586 pivot would bring the first major support level at $32,930 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,355 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise as the Dollar Slides U.S Mortgage Rates Fall Further Back from the 3% Mark The Crypto Daily – Movers and Shakers – July 10th, 2021 Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 10th, 2021 The Week Ahead – Economic Data, Monetary Policy, and the Delta Variant in Focus', 'Bitcoin , BTC to USD, fell by 0.78% on Saturday. Partially reversing a 2.81% gain from Friday, Bitcoin ended the day at $33,505.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $34,242.0 before hitting reverse. Falling short of the first major resistance level at $34,473, Bitcoin fell to a late intraday low $33,011.0. Steering clear of the first major support level at $32,651, Bitcoin revisited $33,600 levels before easing back. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Chainlink and Ripple’s XRP fell by 2.36% and by 1.98% respectively to lead the way down. Ethereum (-1.72%) and Polkadot (-1.70%) weren’t far behind. Binance Coin (-0.30%), Bitcoin Cash SV (-0.13%), Cardano’s ADA (-1.06%), Crypto.com Coin (-1.34%), and Litecoin (-0.45%) saw relatively modest losses, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Saturday high 46.18%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was up by 0.03% to $33,514.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,496.0 before rising to a high $33,548.0. 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, Crypto.com Coin was up by 1.10% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $33,586 pivot to bring the first major resistance level at $34,161 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Story continues Barring a broad-based crypto rebound, the first major resistance level and Saturday’s high $34,242.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,817. Failure to move through the $33,586 pivot would bring the first major support level at $32,930 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,355 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise as the Dollar Slides U.S Mortgage Rates Fall Further Back from the 3% Mark The Crypto Daily – Movers and Shakers – July 10th, 2021 Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 10th, 2021 The Week Ahead – Economic Data, Monetary Policy, and the Delta Variant in Focus', "In the current days of high and sometimes absurd valuations, it can be a burdening task to find a company worthy of a long-term investment. Particularly, it's difficult to find one that can provide significant upside, is a large cap stock, and generally has a high trading volume. Today, that stock is Coinbase Global, Inc. ( COIN ), as its price has dropped on par with Bitcoin’s since the company’s IPO mid-April. (See Coinbase stock charts on TipRanks) Reporting on this growth potential is Owen Lau of Oppenheimer & Co., who expects Coinbase to post another record quarter when it reports, in about a month's time. He ascribed COIN’s current success to trading volume of cryptocurrencies, high revenues, and growth in verified users. Lau reiterated a Buy rating on the stock, and declared a new price target of $444. This reflects a potential 12-month upside of 74.89%. The five-star analyst report was objectively optimistic on the stock, stating that the current share price is highly undervalued. He said that the price is showing signs of a compelling buy signal, for those willing to invest in the long-term. The “crypto winter,” as Lau called it, does not bother him too much, as he sees multiple opportunities for further monetization by Coinbase. These include the introduction of physical card products, rewards for verified users, and the sentiment about bitcoin inevitably rebounding. Although Bitcoin and COIN have both fallen significantly from their mid-April highs, Coinbase’s trading volumes increased about 36% quarter-over-quarter. That being said, year-over-year, the same metric has increased about 1,600%. Lau expects management to steer away from its dependency on Bitcoin, as altcoins represented about 40% of trading volume in Q1. He suggests management may want to focus on recurring revenues from heavy users, as well as on mergers and acquisitions. Due to the impressive growth seen in Coinbase, Lau raised his revenue estimate from $1.8 to $2.1 billion, and in congruence raised his price target from $434 to $444. Story continues The global shift toward digital assets and their benefits may take a while, but Lau believes in its inevitability. Coinbase’s model, he says, “is well positioned to monetize this trend.” On TipRanks, COIN has an analyst rating consensus of Moderate Buy, based on 11 Buy and 4 Hold ratings, and 1 Sell rating. The average Coinbase price target is $382.07, representing a potential 12-month upside of 50.49%. COIN closed Friday trading at a price of $253.88 per share. 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.", "In the current days of high and sometimes absurd valuations, it can be a burdening task to find a company worthy of a long-term investment. Particularly, it's difficult to find one that can provide significant upside, is a large cap stock, and generally has a high trading volume. Today, that stock is Coinbase Global, Inc. (COIN), as its price has dropped on par with Bitcoin’s since the company’s IPO mid-April. (SeeCoinbase stock chartson TipRanks)\nReporting on this growth potential isOwen Lauof Oppenheimer & Co., who expects Coinbase to post another record quarter when it reports, in about a month's time. He ascribed COIN’s current success to trading volume of cryptocurrencies, high revenues, and growth in verified users.\nLau reiterated a Buy rating on the stock, and declared a new price target of $444. This reflects a potential 12-month upside of 74.89%.\nThe five-star analyst report was objectively optimistic on the stock, stating that the current share price is highly undervalued. He said that the price is showing signs of a compelling buy signal, for those willing to invest in 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: 2021-07-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $635,396,227,263 - Hash Rate: 89248734.86686642 - Transaction Count: 166144.0 - Unique Addresses: 436977.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrency miners in Iran who use household electricity for their operations will face heavy fines, according to the country’s energy ministry. • Furthermore, miners will have to pay for damages caused to the electricity network, a spokesman for the ministry said, asreportedSunday by English-language newspaper the Tehran Times. • The measure comes in response to concerns over the burden cryptocurrency mining is placing on the country’s electricity supply, which has been under strain this year thanks to reduced rainfall limiting the output of hydropower plants. • Iran has attempted to boost its sanction-hit economy with crypto mining. The country contributed some 4% of the total globalbitcoinhash power in 2020 according toresearchby the University of Cambridge’s Centre for Alternative Finance. • However, the country’s government has attempted to keep miners on a short leash to manage the economic benefits within the scope of its electricity supply. • Mining facilitiesmustregister with the government, with owners being required to disclose their identities, the size of their farms and what kind of equipment they are using, per new directives issued last year. Also read:Iran’s Central Bank Reportedly Bans Trading of Crypto Mined Abroad • Buyer of Jack Dorsey’s First Tweet Reportedly Arrested in Iran • Bitcoiners’ Approach to the Climate Change Fight Isn’t Working – This Might • Argo and DMG Join Group Working to Lower Bitcoin Miners’ Carbon Emissions • The Balkanization of Bitcoin: The Next Attack on BTC Is About Mining Provenance... - Reddit Posts (Sample): [['u/dasulton', 'I sold my Bitcoin to buy a house.', 1867, '2021-07-11 00:41', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/', "Calm down... I didn't sell ALL my bitcoin. I just sold some of it to put towards closing costs. Still very sad because I really believe in BTC and don't want to sell any sats. But, the plus side is I now have a house!", 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/', 'ohskaj', [['u/Imbrokebroke480', 290, '2021-07-11 00:45', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4qzcks/', 'Don’t let anyone tell you that you were wrong to do so! Everyone’s goals are different, use your gains however you want. I don’t want the government to tell me what to do with my investments just as much as I don’t want random people online to tell me what to do with them. Ha ha. Good for you! Congratulations', 'ohskaj'], ['u/AdventurousReading27', 14, '2021-07-11 00:50', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4qzxqp/', "That's fucking dope bro. Congrats!", 'ohskaj'], ['u/mysmileyface22', 14, '2021-07-11 00:51', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r02dx/', 'Congratulations!!', 'ohskaj'], ['u/HistoricalSeason2723', 18, '2021-07-11 00:55', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r0gl4/', "Isn't That the point of owning bitcoin in the first place?", 'ohskaj'], ['u/WSB4tendies', 15, '2021-07-11 00:58', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r0rhz/', 'Hell yeah dude, congrats', 'ohskaj'], ['u/Shotgun2thadick', 753, '2021-07-11 01:03', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r197x/', 'One of the only reasons I would sell personally is to buy property or pay off debt.', 'ohskaj'], ['u/ismirschlecht', 12, '2021-07-11 01:04', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r1c4z/', "you can't sleep inside a wallet tho", 'ohskaj'], ['u/GeneralZex', 25, '2021-07-11 01:07', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r1oui/', 'It’s your money to do what you want with it, it doesn’t matter what anyone else thinks. Congratulations!', 'ohskaj'], ['u/OkExtension1961', 66, '2021-07-11 01:12', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r28rl/', 'Really you just went from one investment to another, I would say you did really good! Now if you were to spend BTC and buy a car it would be different...', 'ohskaj'], ['u/billionstonks', 13, '2021-07-11 01:31', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r4agc/', 'Congrats. Every single person in this sub plans to sell and convert their gains to fiat so they can upgrade their life in the real world. Don’t let all the hodl bullshit convince you otherwise. Hodl maximises gains but gains must be realised', 'ohskaj'], ['u/LS5x', 12, '2021-07-11 01:34', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r4lv1/', 'Good on you OP! Buying a house is a big move and Bitcoin made it possible.', 'ohskaj'], ['u/dasulton', 63, '2021-07-11 02:30', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rafxa/', 'I think real estate is the best asset besides bitcoin of course. Also, I need a place to live so it works out.', 'ohskaj'], ['u/dasulton', 12, '2021-07-11 02:32', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4ramg0/', "One day we may not have to sell btc. That's the dream!", 'ohskaj'], ['u/dasulton', 12, '2021-07-11 02:37', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rb8hz/', "I think the point of owning btc in the first place is to have a perfect form of money and best asset in the past 10 years. When you have such a great performing asset it's hard to let go and sell it.", 'ohskaj'], ['u/Rube777', 51, '2021-07-11 05:34', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rts7e/', 'If you need a car, you need a car. You can’t drive to work in BTC.', 'ohskaj'], ['u/BooMey', 20, '2021-07-11 06:11', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rxcdu/', 'Why say more when less word will do', 'ohskaj'], ['u/WhiskeyTango311', 162, '2021-07-11 06:25', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rykm7/', 'No reason paying off debt if the interest rate is decent. Why pay off a 3% loan with an asset gaining 120% a year in value?', 'ohskaj'], ['u/conair_93', 191, '2021-07-11 06:47', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s0q8w/', 'If your debt to income ratio is high then it absolutely makes sense to pay off the debt if you can.', 'ohskaj'], ['u/alexjav21', 105, '2021-07-11 06:49', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s0uxp/', 'On the flip side though, Why increase Ur risk by leveraging your position with an asset as volatile as bitcoin?', 'ohskaj'], ['u/bro8619', 18, '2021-07-11 07:49', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s5yr2/', 'What an idiot. Just live in bitcoin.', 'ohskaj'], ['u/BenTG', 19, '2021-07-11 07:56', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6g2r/', 'Not with that attitude you can’t!', 'ohskaj'], ['u/mad_researcher', 23, '2021-07-11 07:57', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6j3i/', 'All of us here think this is a good gamble, but pretending it’s not a gamble is stupid.', 'ohskaj'], ['u/Thejollyoldfella2001', 11, '2021-07-11 08:00', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6rre/', 'Investing in crypto with debt? Genius', 'ohskaj'], ['u/Tall6ft7Guy4you', 33, '2021-07-11 08:01', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6t9x/', 'because anything can happen a house paid off is a great idea if you can. Paid off only thing that can take it from you is not paying taxes .', 'ohskaj'], ['u/organizedRhyme', 24, '2021-07-11 08:10', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s7guj/', 'congrats, you won the game', 'ohskaj'], ['u/bigggTeee', 14, '2021-07-11 08:53', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4sajcf/', "I sold a fair chunk of bitcoin last year to pay mine off best move I've ever made no debt slave to anyone", 'ohskaj'], ['u/cryptoripto123', 11, '2021-07-11 09:56', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4selma/', "1. The volatility is much higher even when the economy is stable. Volatility in a recession could be even bigger.\n\n2. Who cares if USD has ever been deflationary? Inflation is their goal and has been for years. It's carefully managed and some basic personal financial management skills such as putting your longer term money into ETFs is all it takes to beat inflation. Anyone looking at funds from 2008 should've more than doubled up by now.\n\nEdit: I'm not trying to be anti-Bitcoin here. Just trying to point out that we don't all need to drink the Kool Aid and lose all common sense. Whether it makes sense to pay off debt or not is a personal choice. I've lived my life mainly off fiat, so I carry debt (mortgage) simply because that's where my fiat position is. But for those who don't have significant amounts in crypto, I would recommend generally focusing on paying debt off unless it's something long term calculated like a 30 yr home loan. I see nothing wrong with small monthly allocations to crypto but you better also be investing in your 401k/IRA.", 'ohskaj'], ['u/globesdustbin', 104, '2021-07-11 10:29', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4sgnkk/', 'Sleep so well with no debt, never wrong.', 'ohskaj'], ['u/NiekKamer', 10, '2021-07-11 10:56', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4sial9/', 'Yeah here in the Netherlands house prices rise 20% a month (No joke look it up). Young starters on the market can\'t buy anything. It\'s so insane here. And our government say\'s "We don\'t build enough houses". And my Country believes it!!!! Just wait till they\'ll raise interest and everything will collapse like it\'s nothing. And then we\'re all f\'ed because we get a universal basic income. I want to do something so bad but I don\'t know what! You live happily in your 1 mil home with a mortgage and suddenly you can only buy a 300 thousand euro home.', 'ohskaj'], ['u/Logicitus', 20, '2021-07-11 11:31', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4skcvf/', 'Yes, but it comes down to a personal decision of risk tolerance. Don’t pretend that taking the approach of servicing the loan to pile everything into Bitcoin couldn’t go tits up if they lost their job etc. It’s not realistic and it doesn’t help educate people', 'ohskaj'], ['u/geredtrig', 14, '2021-07-11 12:42', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4somcn/', "Should've bought bitcoin when it was a fraction of a cent.\n\nWhat should have happened it is irrelevant to anyone without a time machine.", 'ohskaj'], ['u/Davie_Baby_23', 45, '2021-07-11 16:13', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4t5zdh/', 'If I had to guess, you probably have only had, or only considered taking on debt for items such as; cars, primary residence, boat, vacation, credit cards, etc. Selling an asset to buy a consumable is far different (wors... 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 2.21% on Sunday. Reversing a 0.78% fall from Saturday., Bitcoin ended the week down by 2.93% to $34,244.0. A mixed start to the day saw Bitcoin fell to an early morning intraday low $33,316.0 before making a move. Steering clear of the first major support level at $32,930, Bitcoin rallied to a late intraday high $34,590.0. Bitcoin broke through the first major resistance level at $34,161 to end the day at $34,200 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 and Polkadot bucked the trend, falling by 0.26% and by 0.89% respectively. It was a bullish day for the rest of the majors, however. Crypto.com Coin rallied by 7.02% to lead the way. Binance Coin (+1.81%), Ethereum (+1.43%), and Ripple’s XRP (+1.43%) weren’t far behind. Cardano’s ADA (+0.90%), Chainlink (+0.83%), and Litecoin (+0.17%) trailed the front runners, however. It was also a mixed week for the majors. Binance Coin and Crypto.com Coin rose by 2.60% and by 4.61% respectively to buck the trend. It was a bearish week for the rest of the majors, however. Ripple’s XRP slid by 8.75% to lead the way down. Bitcoin Cash SV (-6.74%), Cardano’s ADA (-7.74%), Chainlink (-4.66%), Ethereum (-7.85%), and Litecoin (-7.37%) also struggled. Polkadot fell by a modest 0.20%, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Sunday high 46.22%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was down by 0.24% to $34,163.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,360.0 before falling to a low $34.094.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend at the start of the day, rising by 1.11%. It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink was down by 0.99% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,050 pivot to bring the first major resistance level at $34,784 into play. Support from the broader market would be needed for Bitcoin to break out from Sunday’s high $34,590.0. Barring a broad-based crypto rebound, 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 $36,000 levels before any pullback. The second major resistance level sits at $35,324. A fall through the $34,050 pivot would bring the first major support level at $33,510 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level sits at $32,776. This article was originally posted on FX Empire More From FXEMPIRE: Oil Price Fundamental Weekly Forecast – Bulls Hoping Supply Remains Tight Amid Renewed COVID Worries Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 12th, 2021 A Quiet Economic Calendar Leaves COVID-19 News and Central Bank Chatter in Focus EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 12th, 2021 General Motors Turns Higher After Tough Week Earnings to Watch Next Week: Most Big U.S. Banks, PepsiCo, Delta Air Lines and UnitedHealth in Focus', 'Bitcoin, BTC to USD, rose by 2.21% on Sunday. Reversing a 0.78% fall from Saturday., Bitcoin ended the week down by 2.93% to $34,244.0.\nA mixed start to the day saw Bitcoin fell to an early morning intraday low $33,316.0 before making a move.\nSteering clear of the first major support level at $32,930, Bitcoin rallied to a late intraday high $34,590.0.\nBitcoin broke through the first major resistance level at $34,161 to end the day at $34,200 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nBitcoin Cash SVand Polkadot bucked the trend, falling by 0.26% and by 0.89% respectively.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com Coinrallied by 7.02% to lead the way.\nBinance Coin(+1.81%),Ethereum(+1.43%), andRipple’s XRP(+1.43%) weren’t far behind.\nCardano’s ADA(+0.90%),Chainlink(+0.83%), andLitecoin(+0.17%) trailed the front runners, however.\nIt was also a mixed week for the majors.\nBinance Coin and Crypto.com Coin rose by 2.60% and by 4.61% respectively to buck the trend.\nIt was a bearish week for the rest of the majors, however.\nRipple’s XRP slid by 8.75% to lead the way down.\nBitcoin Cash SV (-6.74%), Cardano’s ADA (-7.74%), Chainlink (-4.66%), Ethereum (-7.85%), and Litecoin (-7.37%) also struggled.\nPolkadot fell by a modest 0.20%, however.\nIn the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn.\nBitcoin’s dominance fell to a Thursday low 44.48% before rising to a Sunday high 46.22%. At the time of writing, Bitcoin’s dominance stood at 45.96%.\nAt the time of writing, Bitcoin was down by 0.24% to $34,163.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,360.0 before falling to a low $34.094.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend at the start of the day, rising by 1.11%.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 0.99% to lead the way down.\nBitcoin would need to avoid the $34,050 pivot to bring the first major resistance level at $34,784 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Sunday’s high $34,590.0.\nBarring a broad-based crypto rebound, the first major resistance level and resistance at $35,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,324.\nA fall through the $34,050 pivot would bring the first major support level at $33,510 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level sits at $32,776.\nThisarticlewas originally posted on FX Empire\n• Oil Price Fundamental Weekly Forecast – Bulls Hoping Supply Remains Tight Amid Renewed COVID Worries\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 12th, 2021\n• A Quiet Economic Calendar Leaves COVID-19 News and Central Bank Chatter in Focus\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 12th, 2021\n• General Motors Turns Higher After Tough Week\n• Earnings to Watch Next Week: Most Big U.S. Banks, PepsiCo, Delta Air Lines and UnitedHealth in Focus', 'Ethereum Ethereum rose by 1.43% on Sunday. Partially reversing a 1.72% fall from Saturday, Ethereum ended the week down by 7.85% to $2,140.82. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,081.51 before making a move. Finding support at the first major support level at $2,059, Ethereum rallied to a late intraday high $2,173.37. Coming within range of the first major resistance level at $2,177, Ethereum eased back to end the day at sub-$2,150 levels. At the time of writing, Ethereum was down by 0.40% to $2,132.28. A mixed start to the day saw Ethereum rise to an early morning high $2,142.63 before falling to a low $2,126.69. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid a fall back through the $2,132 pivot to bring the first major resistance level at $2,182 into play. Support from the broader market would be needed, however, for Ethereum to break out from Sunday\x92s high $2,173.37. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a broad-based crypto rally, Ethereum could test resistance at $2,250 before any pullback. The second major resistance level sits at $2,224. A fall back through the $2,132 pivot would bring the first major support level at $2,090 into play. Barring an extended sell-off, however, Ethereum should steer clear of sub-$2,000 levels. The second major support level at $2,040 should limit the downside. Looking at the Technical Indicators First Major Support Level: $2,090 Pivot Level: $2,132 First Major Resistance Level: $2,182 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rose by 0.17% on Sunday. Partially reversing a 0.45% loss from Saturday, Litecoin ended the week down by 7.37% to $134.26. A mixed start to the day saw Litecoin fall to an early intraday low $132.13 before making a move. Story continues Steering clear of the first major support level at $131, Litecoin rallied to a late intraday high $136.44. Falling short of the first major resistance level at $137, Litecoin eased back to end the day at $134 levels. At the time of writing, Litecoin was up by 0.05% to $134.33. A mixed start to the day saw Litecoin rise to an early morning high $134.44 before falling to a low $133.63. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid a fall back through the $134 pivot to bring the first major resistance level at $136 into play. Support from the broader marke **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: 2021-07-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $621,468,902,031 - Hash Rate: 89962724.74580133 - Transaction Count: 220269.0 - Unique Addresses: 560833.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. The world’s largest cryptocurrency by market capitalization is still up about 23% year-to-date, although some traders are concerned about the looming ‘death cross,’ which could indicate a shift from a bullish to bearish price trend. The death-cross is defined by a cross of the 50-day moving average below the 200-day moving average, which could occur over the weekend. Still, some analysts remain bullish on bitcoin relative to equities. Related:MicroStrategy Purchases Another $489M of Bitcoin “When the equity tide pulls back someday, we expect bitcoin and gold to be the primary beneficiaries,” wrote Mike McGlone, commodity strategist at Bloomberg Intelligence in a Friday report. Cryptocurrencies: • Bitcoin(BTC) $35469, -5.92% • Ether(ETH) $2166.02, -7.15% Traditional markets: • S&P 500: 4166.45, -1.31 % • Gold $1769.37, -0.19% • 10-year Treasury yielded 1.437%, versus 1.52% on Thursday “The recent stabilization just isn’t sufficient to suggest buying dips,” wrote Mark Newton, founder ofNewton Advisors, in an email to CoinDesk. Related:China Says Banks Must Block Crypto Transactions; Market Falls Newton’s cycle work points to continued weakness this year. “For those who are aggressive traders, any break of 30k should lead down to 20-25k and that should be a better area to consider buying dips for a bounce,” Newton wrote. And for ether, Newton expects a volatile decline over the next one or two weeks given the break below prior lows. Bitcoin has been weighed down by ongoing regulatory uncertainty and environmental concerns. On Thursday, miners in Ya’an, one of the major crypto mining hubs in China’s Sichuan province, received aninspection noticethat required shut-downs. And on Friday, Wu Blockhcainreportedthat Alibaba Cloud, China’s largest cloud service provider, made calls to cryptocurrency and mining companies registered in China regarding potential domain name cancellations due to regulatory requirements. “This has little impact on the exchanges, because their servers and registered locations are outside of China, but mining companies may need to do some replacements,” Wu Blockchain tweeted. Despite regulatory hurdles, institutional demand for crypto remains strong, which could force countries to compete for crypto related businesses. For example, on Friday, Spanish banking giant BBVA is making its cryptocurrency trading and custody service available to private banking clients in Switzerland from June 21. BBVA saidthe reason why the service will only be available to clients in Switzerland is due to clear regulations and the widespread adoption of digital assets in the region. The chart below shows the one-month correlation between the top 10 crypto assets by market cap has greatly increased since mid-May, according to data from Skew. This reflects broad selling pressure from the sharp correction in May across cryptocurrencies. One month after Tesla CEO Elon Musk tweeted his concerns about the potential environmental harm from bitcoin mining, some industry players arerushing to respond. They’re looking at ways to address the environmental, social and governance (ESG) issues that might deter big institutional investors from embracing bitcoin. Crypto.com, an app for trading cryptocurrencies, set a goal for the next 18 months of becoming “carbon negative.” Asset management firm One River Digital filed for a bitcoin exchange-traded fund (ETF) that would be carbon neutral. Digital asset investment firm CoinShares made a strategic investment in Viridi Funds and said it would advise the manager on “the first ESG crypto mining product in the U.S.”  Wrapped, a collaboration between tokenization specialist Tokensoft and digital-asset custodian Anchorage, announced a “carbon-neutral bitcoin-backed-asset” called Eco BTC (eBTC). “They are doing it out of the sense of survival,” said John Reed Stark, a former chief of the U.S. Securities and Exchange Commission’s Office of Internet Enforcement who now works as a consultant. • The Swiss Federal Council hasenacteda new ordinance to regulate decentralized finance (DeFi). The ordinance creates a license for distributed ledger technology (DLT) trading facilities, which will be effective on Aug. 1. “This will allow for innovative DLT trading facilities and increase legal certainty in the event of bankruptcy,” the council said in the press release. The news broke after Mark Cuban, who said he lost money from the price crash of DeFi token TITAN, called for regulators to determine what constitutes a “stablecoin.” • Crypto-asset manager Grayscalesaidit is considering 13 more tokens, most of which are DeFi-related, for potential development into investment products. The tokens include 1inch, Bancor, Curve, Polygon and 0x, among others. • Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown • Crypto Miner Hive Blockchain to List Shares on Nasdaq • Chinese Commercial Bank Enables Digital Yuan-Cash Conversion at ATMs All digital assets on the CoinDesk 20 were lower on Thursday. Notable losers as of 21:00 UTC (4:00 p.m. ET): nucypher(NU) -17.42% aave(AAVE) – 11.76% the graph(GRT) -10.58% • Ether Drops Below $2K, Bitcoin Wilts as China Tells Banks to Cut Off Crypto Transactions • Agricultural Bank of China Reiterates Ban on Crypto: Report... - Reddit Posts (Sample): [['u/PsychedelicHell', '$10 today is $100 tomorrow.', 101, '2021-07-12 00:02', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/', "I believe that Bitcoin will be at least 10x what it currently is by 2030 and it will probably be worth lot more given it's performance history and the amount of halvenings between now and then. \n\n\nIf you're disgruntled getting up in the morning going to work just remember that every dollar you earn and put into Bitcoin you're going to get at least ten back in a few years. \n\n\nMy greatest takeaway from being in this space for the last few years is: Every extra sat you stack this year could very well allow you to retire by 2030. Yeah your alt might go up 1000% in a month but it will probably go down 90% over a year and then never recover, Bitcoin will never die.", 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/', 'oidllg', [['u/Abhijama', 79, '2021-07-12 01:34', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4v2gjc/', '10x in 9 yrs . Pffff what a bear 🐻', 'oidllg'], ['u/DemApples4u', 12, '2021-07-12 03:23', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4veohr/', 'Haha dollar will be worth 1/100th so 10x will be a loss.', 'oidllg'], ['u/GrindingWit', 22, '2021-07-12 04:07', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4vjeki/', 'Why so bearish?', 'oidllg'], ['u/PsychedelicHell', 20, '2021-07-12 04:44', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4vnffq/', 'However 1 BTC = 1 BTC.', 'oidllg'], ['u/dikgumdur', 15, '2021-07-12 04:53', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4vodnw/', 'I try to think of all my non-essential purchases this way. Do I need this $20 item that will cost my future self hundreds of dollars?', 'oidllg']]], ['u/Zeratrem', 'At which price do you have your BTC buy orders?', 12, '2021-07-12 00:03', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/', 'Mine are:\n\n1. 31.500$ for 50% of current disposable FIAT\n2. 25.500$ for last 50%', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/', 'oidmg5', [['u/mercurysquid', 10, '2021-07-12 00:08', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4url1f/', 'I have five equidistant and incrementally increasing value limit orders set from 30.5k down to 24k. This is on top of my regularly recurring weekly DCA.', 'oidmg5'], ['u/Mark_Bear', 30, '2021-07-12 00:09', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4urnfv/', 'I just buy some every month, as if it were another bill to pay.', 'oidmg5'], ['u/joannew99', 14, '2021-07-12 00:31', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4uuo6h/', 'Exactly. DCA + HODL is way more efficient than trying to time the market.', 'oidmg5'], ['u/amretardmonke', 42, '2021-07-12 01:01', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4uyk3r/', 'You guys still have money?', 'oidmg5'], ['u/squeezeseason', 14, '2021-07-12 01:27', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4v1no1/', 'Mining .001 bitcoin a day. My solar panels are my dca 😂', 'oidmg5']]], ['u/HEV3', 'The Firecast #7 - July 11th, 2021', 74, '2021-07-12 00:09', 'https://www.reddit.com/r/BonfireToken/comments/oidqkq/the_firecast_7_july_11th_2021/', "Hello again Bonfire community!\n\nWelcome to The Firecast, a weekly series where I track changes in Bonfire and use them to forecast what will happen in the future.\n\n# Historical Data\n\n||**Week**|**Month**|**All-Time**|\n|:-|:-|:-|:-|\n|**Burn**|0.0436%|0.1867%|40.1721%|\n|**Reflection**|0.1078%|0.4626%|29.4392%|\n|**Average Price / Billion**|$65.93|$76.04|$140.25|\n|**Average Market Cap**|$38.901 million|$45.424 million|$83.238 million|\n|**Average Daily Volume (Bonfire)**|2.972 trillion|3.103 trillion|70.614 trillion|\n\nThis time around I'm also going to include some historical charts.\n\nFirst off is Bonfire's Network Value to Transactions (NVT) Ratio. This is similar to a Price to Earnings (P/E) ratio in traditional stock investing. Very low numbers tend to indicate that Bonfire is either in a growth phase or overbought, indicating a dip may be coming. On the other hand, high numbers tend to indicate that Bonfire is oversold and could be poised for a breakout. Early on when the market was booming we had a low NVT ratio and presently our NVT ratio is high. Watch these values over the coming weeks and how the 7- and 30-day averages change relative to each other. They might inform your investing decisions.\n\n[Figure 1: Bonfire NVT Ratio](https://preview.redd.it/w6km9ahcona71.png?width=1282&format=png&auto=webp&s=226a1e3df3fc5fd68a00ac0cde5c3a2d9050cbf8)\n\nNext is the Fear & Greed Index as developed by [Alternative.me](https://alternative.me/crypto/fear-and-greed-index/). This index is for Bitcoin, and thus represents all of crypto in general rather than Bonfire in particular. It is a great reference because it shows the state of the market using a scale from 0 to 100. Low numbers show that fear is dominant and that it is likely a good time to buy and HODL. High numbers indicate that greed is dominant and you should consider taking profits and cashing out. A number in the middle represents a more healthy market with some fear and some greed.\n\n[Figure 2: Crypto Fear & Greed Index; Source: Alternative.me](https://preview.redd.it/b225eioiona71.png?width=1279&format=png&auto=webp&s=6d5dc6069922f591d24c6568574935700fe81679)\n\nLastly are several charts showing historical changes over time for various aspects of Bonfire. These are included simply for reference and because I'm sure they would be of interest to the community.\n\n[Figure 3: Daily Average Return](https://preview.redd.it/dd1fadppona71.png?width=1281&format=png&auto=webp&s=417924d718411f4194f83b39f06dc05a8172627f)\n\n[Figure 4: Daily Average Volume \\(as measured in Bonfire\\)](https://preview.redd.it/6n2bhkcuona71.png?width=1279&format=png&auto=webp&s=59f3f153e8e72744e28f4552e43fa0ca6c2e642d)\n\n[Figure 5: Daily Average Volume \\(as measured in $\\)](https://preview.redd.it/matbm3c0pna71.png?width=1281&format=png&auto=webp&s=605479a50ace8f1ddbe0ad7f69a1e756412b4e26)\n\n[Figure 6: Daily Average Burn and Redistribution](https://preview.redd.it/p98gkth7pna71.png?width=1279&format=png&auto=webp&s=89c69403141c482f18eedee63f7bb3093a78b239)\n\n# Forecast\n\nWe still appear on track for the same assumptions as the last two weeks.\n\n**My key assumptions / target dates:**\n\n* Kindling releases its planned Bonfire ecosystem platforms on-time and to the general satisfaction of the community\n* Bonfire is listed on more exchanges in the next two to three months, allowing easier access for buying and selling\n* A sustained rebound in Bitcoin begins in late July\n* Bitcoin returns to its all-time high in mid-September\n* Bitcoin peaks at a new ATH of $180k in mid-January 2022 before trending back downward\n* BNB reaches approximately $1,500, roughly 2.2x its previous ATH and 4.7x its current price\n\n**My findings:**\n\n[Figure 7: Expected BNB per Billion Bonfire](https://preview.redd.it/ovrqpsqnpna71.png?width=1411&format=png&auto=webp&s=e8239f3628562396fdcd4bc63c8386fb30508316)\n\n[Figure 8: Expected Cumulative Passive Reflection as a Percentage of Holdings](https://preview.redd.it/jumwpgk1qna71.png?width=1411&format=png&auto=webp&s=581354a4384c137ddcabcd623b35dc2a03506267)\n\nThe forecast has dropped from last week as sell pressure has caused our token price to decrease. At the same time BNB has increased week-over-week indicating that Bonfire has weakened versus BNB. Nevertheless Bonfire has ample room for increases in value moving forward.\n\nBy a new peak in late January, the value of Bonfire in BNB is expected to increase by 20.5x. Over that same time, it is assumed that BNB will increase about 4.7x relative to the dollar. This means that the cumulative increase in value of Bonfire relative to the dollar should be about 96.4x! This would correspond to a **price of $0.0000058** and a **market cap of $3.16 billion.**\n\nBut that's not all! You'd be expected to gain roughly 13.0% on your tokens through passive reflection in the same time frame. This means your **combined total return** between now and the peak should be close to **108.9x**.\n\nThat means that **$1,000 invested today could net you around $108,900** come January, as long as the assumptions I've made hold mostly true.\n\n|[<< The Firecast #6 - July 5, 2021](https://www.reddit.com/r/BonfireToken/comments/oecbds/the_firecast_6_july_5th_2021/)|The Firecast #8 - July 18, 2021 >>|\n|:-|:-|\n|[Home](https://www.reddit.com/r/BonfireToken/comments/nsulb5/the_firecast_home/)||\n\n*Do you love this series? Would you like to see a full overview of Bonfire and its functionality? Check out my other series* [***How Bonfire Works!***](https://www.reddit.com/r/BonfireToken/comments/nsuoys/how_bonfire_works_home_page/)\n\n*I am not a financial advisor and this is not financial advice. Do your own research before investing in any asset, especially in the volatile and risky crypto asset class.*", 'https://www.reddit.com/r/BonfireToken/comments/oidqkq/the_firecast_7_july_11th_2021/', 'oidqkq', [['u/tbished453', 10, '2021-07-12 00:26', 'https://www.reddit.com/r/BonfireToken/comments/oidqkq/the_firecast_7_july_11th_2021/h4utxk9/', 'Good work, loving the optimism', 'oidqkq']]], ['u/LuisPeixotoRE', "What's your strategy when it comes to cryptocurrency investing?", 18, '2021-07-12 01:01', 'https://www.reddit.com/r/CryptoCur... 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:** ['Capital International Investors, a unit of Los Angeles-based investment firm Capital Group, has purchased a 12.2% stake in MicroStrategy (MSTR), a business-intelligence company that has invested heavily inbitcoin.\n• According to afilingwith the U.S. Securities and Exchange Commission on June 30, Capital International bought 953,242 shares.\n• While the filing was made two weeks ago, Walter Burkley, a senior vice president and senior counsel at Capital Group, only signed off on Monday, according to the document.\n• CII is a private equity firm that is part of Capital Group, an asset manager with$7.6 billionin annual revenue and$2.3 trillionin assets under its management.\n• The purchase by CII provides the firm with indirect exposure to MicroStrategy’s more than105,000 bitcoinreserves.\n• According to data from the Nasdaq exchange, MicroStrategy’s share price is down 6.3% over a 24-hour period at a closing price of $588 and is down roughly 55% from its peak of $1,315 on Feb. 9.\n• US June Consumer Price Index Rose Faster Than Expected\n• Fed’s Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved\n• Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst\n• Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report', 'Capital International Investors, a unit of Los Angeles-based investment firm Capital Group, has purchased a 12.2% stake in MicroStrategy (MSTR), a business-intelligence company that has invested heavily in bitcoin . According to a filing with the U.S. Securities and Exchange Commission on June 30, Capital International bought 953,242 shares. While the filing was made two weeks ago, Walter Burkley, a senior vice president and senior counsel at Capital Group, only signed off on Monday, according to the document. CII is a private equity firm that is part of Capital Group, an asset manager with $7.6 billion in annual revenue and $2.3 trillion in assets under its management. The purchase by CII provides the firm with indirect exposure to MicroStrategy’s more than 105,000 bitcoin reserves. According to data from the Nasdaq exchange, MicroStrategy’s share price is down 6.3% over a 24-hour period at a closing price of $588 and is down roughly 55% from its peak of $1,315 on Feb. 9. Related Stories US June Consumer Price Index Rose Faster Than Expected Fed’s Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report', 'Capital International Investors, a unit of Los Angeles-based investment firm Capital Group, has purchased a 12.2% stake in MicroStrategy (MSTR), a business-intelligence company that has invested heavily inbitcoin.\n• According to afilingwith the U.S. Securities and Exchange Commission on June 30, Capital International bought 953,242 shares.\n• While the filing was made two weeks ago, Walter Burkley, a senior vice president and senior counsel at Capital Group, only signed off on Monday, according to the document.\n• CII is a private equity firm that is part of Capital Group, an asset manager with$7.6 billionin annual revenue and$2.3 trillionin assets under its management.\n• The purchase by CII provides the firm with indirect exposure to MicroStrategy’s more than105,000 bitcoinreserves.\n• According to data from the Nasdaq exchange, MicroStrategy’s share price is down 6.3% over a 24-hour period at a closing price of $588 and is down roughly 55% from its peak of $1,315 on Feb. 9.\n• US June Consumer Price Index Rose Faster Than Expected\n• Fed’s Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved\n• Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst\n• Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report', "(Bloomberg) -- One weekend in late June, hundreds of gloomy Bitcoin miners crowded into a luxury hotel in Western China. They had a big problem: Just weeks earlier, the Chinese government banned cryptocurrency mining over concerns about illicit coal mining and underlying financial risks. Now they had to figure out how to move millions of computers out of the country.\nThe miners sat in rows of white chairs in a hall at the Gran Melia Chengdu Hotel and listened intently to the executives at Bitmain Technologies Ltd., the world’s largest mining-equipment maker. In between presentations about Texas energy fundamentals and crypto mining in Kazakhstan, the attendees nibbled cupcakes, drank cocktails and discussed the dismal outlook for their local industry.\nListen to this story\nBitmain’s employees were offering to serve as matchmakers, hooking miners up with data centers in the U.S., Central Asia and Europe. They also cautioned that an unchecked rush into new markets would jack up costs for all of them. One slide presented at the event read, “Hold Together for Warmth, Say No to Vicious Competition.”\nJust hours after the conference, the urgency of the situation came into full view. Alex, a Chinese miner who didn’t want his last name published for fear of government retribution, was out singing karaoke with some of his fellow miners when he called to check in on his machines in the mountains outside Chengdu. His colleague told him that local authorities had just shut off the power to his facility, leaving the mine silent and potentially worthless.\n“All my money is gone,” he said, cursing as he chugged a beer. “Every day I’m losing money by not running those machines.”\nThe Chinese miners forced to leave behind the country’s cheap electricity from abundant coal and roaring rivers have found themselves thrust into a wild and extreme world of crypto power-hunting. Just as miners sprinted toward gold fields in California and Alaska over a century ago, Bitcoin miners now are bolting toward any source of inexpensive, reliable power they can find. Their next destinations matter greatly to an industry emphasizing decentralization and independence, and to other energy-consuming sectors, with which they are competing for access to greener power.\nCheaper Power\nA Bitcoin mining rig doesn’t pull anything out of the ground, of course. Instead, it is usually made up of thousands of computers, specially built to run the complex calculations that maintain the cryptocurrency’s network. These computers are stacked on shelves in warehouses, often with huge water-cooling fans. In China, the warehouses are usually situated close to their power sources, such as standalone hydropower stations and thermal plants affiliated with coal mines. Electricity accounts for about 80% of a miner’s operating cost, according to Tyler Page, the chief executive officer of Cipher Mining Technologies Inc.\nThe miners who complete the calculations are rewarded with new Bitcoin, which has ranged in value from a peak of almost $65,000 before China outlawed mining to about $33,500 today. Around 65 percent of the world’s Bitcoin mining took place in China as of April last year, according to the latest data from the University of Cambridge.\nCheaper power is the reason China’s neighbor, Kazakhstan, has become a top destination for fleeing miners. The former Soviet nation has over 22 gigawatts of electric power capacity, mostly from coal and gas-fired stations. It also borders the region of Xinjiang, which once held nearly 36% of the world’s bitcoin mining. Bitcoin miners can get electricity for as low as about 3 cents per kilowatt-hour, according to Dmitriy Ivanov, sales director at Almaty-based Enegix LLC. The country is also cool enough that the data centers don’t require any air conditioning to keep them from overheating, which can add as much as 30% more power consumption.\nEnegix runs a server-hosting business in Kazakhstan, where it is building data centers at which miners can pay a fee to plug in their machines. At the end of last year, the company built its biggest site yet, a 180-megawatt data center on 37 acres of land near the northeastern town of Ekibastuz. The region is an industrial hub fueled by one of the largest coal-fired power stations in the world outside of China.\nIn June, Ivanov started to get messages daily from miners in Sichuan and Inner Mongolia who needed to relocate after Beijing’s crackdown.\n“We stand to benefit from it, but these people are facing devastating losses in terms of all the infrastructure that has to be deployed elsewhere,” he said.\nEnegix’s clients will soon be shipping about 10,000 mining machines, a mix of Bitmain’s S19Pro and the Whatsminer M21S model from Chinese manufacturer MicroBT, to Kazakhstan by plane. Transport by land from China would be cheaper, but trucks can get held up at the border for weeks. Spending that time mining Bitcoin instead can make up for the extra cost of airfare.\nDidar Bekbauov runs another Almaty-based Bitcoin mining hosting company, a smaller competitor to Enegix. He was similarly inundated with messages.\n“So many Chinese are reaching out to us and asking for help to relocate the equipment,” Bekbauov said by phone. “They ask every Kazakh they know to help them with electricity.”\nBut there is a limit to Kazakhstan’s potential: Its electric grid has added only a little over 3 gigawatts of capacity in the last 20 years, according to data from BloombergNEF. That’s leaving little room for the surge in mining machines to get connected. Bekbauov now has to turn customers away.\n“Every spare kilowatt is already booked,” he said.\nRenewable Sources\nFor some miners, the decision to move out of China is also an opportunity to clean up their power supply.\nIt’s difficult to say how dirty Bitcoin mining is overall, but it’s a reflection of the power supply to a mine’s location. Earlier this year, tens of thousands of mining machines consumed about 45 million kilowatt-hours of power per month in an area of western China that depends on coal-burning power plants, the official Xinhua News Agency reported. That’s about 15,000 tons of standard coal. Ov **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: 2021-07-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $610,053,643,100 - Hash Rate: 97102623.53515066 - Transaction Count: 229916.0 - Unique Addresses: 542415.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto exchanges and miners in China are grappling with the aftermath of last Friday’snoticefrom the State Council, which calls for a crackdown on crypto trading and mining in the country.  Here are some of the results of the warning. Chinese miners have been scrambling to look for overseas sites to host their mining machines following the State Council’s warning that it may crack down on crypto mining due toenvironmental concerns. “I have been having conversations all weekend, starting since last Friday, with Chinese miners looking to co-locate in the U.S.,” said Ethan Vera, chief operating officer at Seattle-based mining firm Luxor. “All the Chinese miners that I know are reaching out, they are getting pricing and quotes.” Related:‘This Isn’t the Start of OPEC’: New Bitcoin Mining Council Just Wants to Promote Greener Practices, Member Says While the Chinese authorities have yet to release any concrete plans to enforce the crackdown, some major crypto mining companies are already taking steps in response to the warning. Cryptocurrency exchange Huobi has shuttered its miner hosting services in mainland China. Crypto mining poolBTC.TOPsuspendedits operations in China and HashCow said it will stop buying new rigs. “I think the consensus right now is there are too many uncertainties to tell if this is actually going to take place or not,” Vera said. “But there is for sure the risk of it.” If China enforces the crackdown, the migration to hosting sites abroad could be costly and take a lot of time. Related:Of Course China Is Anti-Bitcoin: Look What Happened to Jack Ma There is not much idle capacity in major mining hubs such as North America and Kazakhstan, Vera said. He estimated the idle capacity in the U.S. is less than 30 megawatts in the entire country at the moment. To put the number in perspective, that is less than 1% of the hash power required to support all the mining machines that are currently in China, according to Vera. Chinese miners cannot move to these overseas sites and start mining right away. It would take between 60 and 90 days for a  mining farm to build out another 10 or 20 megawatts, Vera said, noting the base rate for these hosting sites would be very high. So after moving it could take up to half a year before all that hashrate comes back online. In the long run, crypto mining will continue to exist in China but will shift from industrial-size data centers to home miners or small or medium-sized miners, Zhuoer Jiang, CEO of BTC.TOPsaidon Twitter. Jiang noted in his tweet that miner makers such as Bitmain would sell most of their machines abroad as the regulations on big-scale mining operations are getting tougher. Huobi, a major crypto exchange that provides trading services for Chinese investors, hasscaled backits offerings following the State Council’s notice. While Huobi’s spot trading remains largely unaffected, it has suspended futures contracts, exchange-traded products (ETP) and certain other leveraged investment products. “The move indicates that the Chinese authorities are trying to prevent more capital from flowing into a more volatile market with high systemic risks,” Jason Wu, CEO of crypto lending platform DeFiner. “If you look at what exact services have been suspended on Huobi, they are among the most risky trading activities.” Leveraged investment products, including ETPs, on crypto exchanges let investors amplify their profits by giving them up to 100 times the amount of cryptocurrencies they actually have on hand. But when prices in the crypto assets that are collateralized decrease, these investors need to put in more as collateral. Their assets will be liquidated if they can not add enough to the collateral. Financial stability is one of the top priorities for Chinese regulators, and they might not want to see more people investing in such a volatile market. Compared to the crackdowns in 2013 and 2017, crypto trading in general has become much more leveraged given the boom in financial derivative products in crypto and decentralized finance (DeFi). The rise of more sophisticated structured financial products on centralized exchanges and lending protocols in DeFi has made it easier to do leveraged trading, Wu said. OKEx, which is another major exchange for Chinese investors, had planned to suspend transactions between its platform token OKB and China’s local fiat currency renminbi. The exchange later aborted the plan due to “customer concerns.” The token’s price fell as low as 70% after they announced the suspension. This is a less-noticeable move given the low volume of transactions for OKB. But such transactions have a significant legal risk for exchanges. “Platform tokens can be regarded as a form of illegal fundraising,” Wu said. “Imagine a centralized trading platform is a company, the platform token in nature is similar to its stocks.” Some exchanges would require the users to hold their platform tokens in exchange for discounted transaction fees and other premium services. The Economic Information Daily, a state newspaper that covers Chinese securities,publishedan article on Monday giving more details on why the Chinese government is intensifying the crackdown on crypto mining and trading businesses. Crypto’s biggest risks include more interest from average Chinese investors, financial risks associated with high leverage, security concerns with crypto trading platforms and compliance issues related to money laundering and illegal fundraising, the newspaper said. As for the crackdown on mining, the media outlet said it is mainly due to environmental concerns. However, the newspaper’s characterization of data centers that are used as crypto mining sites indicates the discrepancy in the local and central government’s stance on crypto mining. “Bitcoin mining activities tend to be in the disguise of data centers so that the miners can trick local governments into supporting such projects and waste a lot of electricity,” the newspaper said. But many local governments are aware of large-scale mining operations, some of which even put forward preferential policies for bitcoin miners. A few counties in Sichuan province of South China, which is a major mining hub, have set up hydropower consumption parks, where many large bitcoin mining companies run their operations. Bitcoin mining operations have existed in Inner Mongolia and Xinjiang for several years. Local governments’  more permissive attitude towards crypto mining may be due to its pursuit of higher tax revenues, while the central government prioritizes environmental protection. Compared to the crackdown notice on Tuesday from three financial industry associations, the warning from the State Council, which is a higher-level government body, will deter more people from operating crypto trading or mining businesses, the newspaper said. • Bitcoin Rises to Near $40K After Musk Tweets About BTC Mining’s ‘Promising’ Renewable Usage • Marty Bent: Bitcoiners Must Fight for Energy Narrative... - Reddit Posts (Sample): [['u/matteh0087', '77% of El Salvador residence do not approve of the new Bitcoin legal tender', 179, '2021-07-13 00:05', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/', "Can anyone who lives in El Salvador explain why?\n\n I live in Canada and I see nothing but upside for the economy of your country but obviously I know nothing about how it is to live there so I'd like to get an honest unbiased reason why most of the people are unhappy with this decision.\n\nI'm truly curious and would like to inform myself.\n\n I feel like this is something that is important to the future of crypto, which is the adoption of it being used world wide and not just north america or Europe.\n\nEdit.. bunch of people asking where I got this. Here you go \n\nhttps://decrypt.co/75613/77-el-salvador-residents-believe-bukele-bitcoin-law-not-wise-move?amp=1", 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/', 'oj1n1b', [['u/CMDR_Nightshady', 24, '2021-07-13 00:09', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4yy9qo/', 'Not from there but I did see a study that showed a huge percentage of population thought Bitcoin was an actual hard currency like the dollar or euro, so would suspect a lot of disapproval comes from simple lack of understanding. Will be interesting to see if anyone from there responds here. Good luck.', 'oj1n1b'], ['u/Crimson097', 223, '2021-07-13 00:18', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4yzf5j/', "People don't like how volatile it is, and the fact they're gonna have to accept it. Bukele promised the gov wallet would let you instantly convert BTC to dollars if you didn't want the risk, but a lot of people aren't well informed. \n\nThere's also the fact the main newspapers in the country oppose Bukele and have been doing everything in their power to make it seem like adopting BTC is a financial suicide.", 'oj1n1b'], ['u/hateschoolfml', 12, '2021-07-13 00:21', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4yzslm/', 'Wonder what this 77% is composed of considering 70% of population is unbanked. \n\nNevertheless, that is the power of bitcoin, they’ll be using it but won’t even know.', 'oj1n1b'], ['u/matteh0087', 15, '2021-07-13 00:24', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z03im/', "I think the lack of information is part of the problem. But if they can instantly transfer it back to dollars I don't see a downside", 'oj1n1b'], ['u/turick', 11, '2021-07-13 00:28', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z0mqd/', "There is a zero percent chance that these poor, unbanked people have the first remote clue what bitcoin is or how it works. It probably seems like another way to be disendranchised. I've spent thousands of hours researching every detail of Bitcoin and I'm just now really nailing down some of the basics and still have a long way to go to understand lightning. These poor people don't really have any idea and won't until they realize the true financial control and power they have. One day the price is gonna rise again and suddenly people's money will 2x, 3x,10x etc... Don't worry about it too much now. Once these people see it in action, I think it will change their lives and they'll start to get it.", 'oj1n1b'], ['u/Jq4000', 31, '2021-07-13 00:38', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z1tou/', "I'm guessing a large part of the population knows nothing about BTC and fears the unknown. Also guessing a large part of the population isn't very tech-savvy.\n\n​\n\nFucking with people's money causes high anxiety. I'm stoked to invest in BTC because I decided to after studying it. I'd probably feel differently if it was mandated.", 'oj1n1b'], ['u/whisper_of_smoke', 77, '2021-07-13 00:39', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z1zwr/', 'when Bitcoin makes its run and their free $30 dollars from the government becomes $150 dollars, they will approve.', 'oj1n1b'], ['u/Notgaychris', 17, '2021-07-13 00:45', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z2qd0/', 'When it comes to smart phones, everyone wanted **more** buttons. Some guy named Steve Jobs said, \n> "Naww bro, we\'re taking all your buttons away and you will be happy". \n\nBy doing this, Apple strangled Blackberry. Sometimes you have to show people what they need, not what they want. \n\nFalse equivalent situations? Not entirely.', 'oj1n1b'], ['u/graytleapforward', 11, '2021-07-13 00:56', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z3yz8/', 'The app they are using allows the buyer to pay in BTC if they wish and the seller to convert it immediately into dollars if they wish, so there is minimal issues with that kind of arbitrage. I would guess there is also a function to split the payment, allowing the vendor to become a holder, thus participating in the long term growth of BTC.', 'oj1n1b'], ['u/mwdeuce', 49, '2021-07-13 01:01', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z4mfs/', "So if he's such a horrible dictator, how are the largest newspapers in El Salvador opposing him? Are they owned by foreign entities or something?", 'oj1n1b'], ['u/JediElectrician', 60, '2021-07-13 01:03', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z4uiz/', 'Media that doesn’t support a president who will change how business transpires??? No media would ever act like that. The media is always right, has no agenda and only reports facts.', 'oj1n1b'], ['u/ramonvls926', 128, '2021-07-13 03:04', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zil1p/', 'Cause he is not a dictator, he is trying to get rid of a lot of corruption that is just part of the system thats why he acts like that. I live in Central America if a president really had the balls to start taking corruption out from the root it would look just like this.\n\nThese small countries are just riddled with corruption to the core, im not saying im\nPro Bukele im not from El Salvador (and dont know everything hes done) but I can tell you out of all the imbecils running these countries he is actually doing harsh things to get rid of corruption and atleast he gets a point for that.', 'oj1n1b'], ['u/Crimson097', 87, '2021-07-13 03:12', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zjjew/', 'He isn\'t a dictator. He does have dictatorial tendencies, like the time he stormed into congress with soldiers as an intimidation technique, but he hasn\'t censored the media or violated personal freedom. He has the power to pass any law, but that\'s because he was given an overwhelming majority in the senate by popular election.\n\nThe ironic thing is that the previous, more "democratic" governments, controlled the media more than Bukele. Newspapers didn\'t pay taxes because they were considered educational material, and in exchange they wouldn\'t be too harsh on the government. When Bukele gained majority, he basically said "fuck that shit", and forced them to pay taxes again. That\'s part of the reason why they\'re so mad with him.\n\nI don\'t want to give you the idea that he\'s a saint, but in the sea of vipers that\'s the Salvadoran political system, he\'s far from the worst.', 'oj1n1b'], ['u/Monster-Dock', 22, '2021-07-13 03:21', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zkj8d/', 'Time moves mountains.', 'oj1n1b'], ['u/Anothersleeper', 32, '2021-07-13 04:25', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zru5o/', 'We really are doomed as a species.', 'oj1n1b'], ['u/boof_it_all', 14, '2021-07-13 04:41', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4ztja1/', 'Lol, sound anything like us media and trump?', 'oj1n1b'], ['u/shimshimmash', 27, '2021-07-13 04:42', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4ztnjn/', 'An actual hard currency like the dollar or euro. There is a small error in this sentence.', 'oj1n1b'], ['u/Marcion_Sinope', 11, '2021-07-13 04:58', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zvcbi/', 'Which bank did the poll?', 'oj1n1b'], ['u/Negative_Patient_689', 10, '2021-07-13 06:46', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h505qp6/', 'Wait til BTC goes on a run. I bet that disapproval percentage changes.', 'oj1n1b'], ['u/CryptoLoser-XXL', 14, '2021-07-13 08:51', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h50fg2m/', "It's new, it's frightening, and the market is poor. I think 77% not approving is a low number. Probably 98% of the country didn't know anything about BTC/Crypto, before there president was pushing it. \n\nIf I was living in El Salvador and my president was coming with something that is totally new to me, and it has influence on what I can spend, I would be negative/worried too.", 'oj1n1b']]], ['u/1Loveshack', '🆘 Monday 12th', 90, '2021-07-13 01:33', 'https://www.reddit.com/r/SOSStock/comments/oj3asj/monday_12th/', 'Monday, July 12th\n\nSOS share price fell 4.78% or $0.14 per share from the previous close. Short interest decreased by 4.26% today ... 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 1.05% on Tuesday. Following a 3.42% slide on Monday, Bitcoin ended the day at $32,730.0. After a mixed start to the day, Bitcoin rose to a late morning intraday high $33,337.0 before hitting reverse. Falling short of the first major resistance level at $34,289, Bitcoin slid to a late intraday low $32,190.0. Bitcoin fell through the first major support level at $32,234 before a partial recovery to $32,700 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Crypto.com Coin bucked the trend, rising by 1.85%. It was a bearish day for the rest of the majors, however. Ethereum led the way down once more, sliding by 4.43%. Binance Coin (-2.29%), Cardano’s ADA (-3.66%), Chainlink (-3.65%), and Polkadot (-3.37%) also struggled. Bitcoin Cash SV (-0.80%), Litecoin (-1.45%), and Ripple’s XRP (-1.76%) saw relatively modest losses, however Early in the week, the crypto total market rose to a Monday high $1,408bn before falling to a Tuesday low $1,294bn. At the time of writing, the total market cap stood at $1,319bn. Bitcoin’s dominance fell to a Tuesday low 45.73% before rising to a Tuesday high 46.65%. At the time of writing, Bitcoin’s dominance stood at 46.43%. This Morning At the time of writing, Bitcoin was down by 0.23% to $32,655.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,813.0 before falling to a low $32,655.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin and Ripple’s XRP found early support, rising by 0.32% and by 0.20% respectively. It’s been a bearish start for the rest of the majors, however. At the time of writing, Polkadot was down by 0.50% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $32,752 pivot to bring the first major resistance level at $33,315 into play. Support from the broader market would be needed for Bitcoin to break back through to $33,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $33,337.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $34,000 levels before any pullback. The second major resistance level sits at $33,899. Failure to move back through the $32,752 pivot would bring the first major support level at $32,168 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,605 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reversal Top Could Fuel Momentum Shift Gold Price Prediction – Prices Edge High Despite Dollar Gains AUD/USD Forex Technical Analysis – Could Straddle .7457 Ahead of Thursday’s Employment Data USD/CAD Daily Forecast – Test Of Resistance At 1.2540 AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ Holds OCR Steady; Announces Quick End to LSAP Program NZD/USD Forex Technical Analysis – Trader Reaction to .6964 Pivot Sets the Tone; Could Surge Through .7010', 'Bitcoin , BTC to USD, fell by 1.05% on Tuesday. Following a 3.42% slide on Monday, Bitcoin ended the day at $32,730.0. After a mixed start to the day, Bitcoin rose to a late morning intraday high $33,337.0 before hitting reverse. Falling short of the first major resistance level at $34,289, Bitcoin slid to a late intraday low $32,190.0. Bitcoin fell through the first major support level at $32,234 before a partial recovery to $32,700 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Crypto.com Coin bucked the trend, rising by 1.85%. It was a bearish day for the rest of the majors, however. Ethereum led the way down once more, sliding by 4.43%. Binance Coin (-2.29%), Cardano’s ADA (-3.66%), Chainlink (-3.65%), and Polkadot (-3.37%) also struggled. Bitcoin Cash SV (-0.80%), Litecoin (-1.45%), and Ripple’s XRP (-1.76%) saw relatively modest losses, however Early in the week, the crypto total market rose to a Monday high $1,408bn before falling to a Tuesday low $1,294bn. At the time of writing, the total market cap stood at $1,319bn. Bitcoin’s dominance fell to a Tuesday low 45.73% before rising to a Tuesday high 46.65%. At the time of writing, Bitcoin’s dominance stood at 46.43%. This Morning At the time of writing, Bitcoin was down by 0.23% to $32,655.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,813.0 before falling to a low $32,655.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin and Ripple’s XRP found early support, rising by 0.32% and by 0.20% respectively. It’s been a bearish start for the rest of the majors, however. At the time of writing, Polkadot was down by 0.50% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $32,752 pivot to bring the first major resistance level at $33,315 into play. Support from the broader market would be needed for Bitcoin to break back through to $33,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $33,337.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $34,000 levels before any pullback. The second major resistance level sits at $33,899. Failure to move back through the $32,752 pivot would bring the first major support level at $32,168 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,605 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reversal Top Could Fuel Momentum Shift Gold Price Prediction – Prices Edge High Despite Dollar Gains AUD/USD Forex Technical Analysis – Could Straddle .7457 Ahead of Thursday’s Employment Data USD/CAD Daily Forecast – Test Of Resistance At 1.2540 AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ Holds OCR Steady; Announces Quick End to LSAP Program NZD/USD Forex Technical Analysis – Trader Reaction to .6964 Pivot Sets the Tone; Could Surge Through .7010', 'Bitcoin backers praise the leading cryptocurrency as an inflation-proof "store of value." They contend that because the number of coins that can ever be issued is fixed, Bitcoin isn\'t subject to the kind of manipulation practiced by the Federal Reserve. The Fed\'s easy money policies, the argument goes, threaten to cause heavy inflation in the years to come because the central bank keeps swelling the money supply to spur economic growth. That practice is bound to create new dollars faster than the U.S. produces new products, hiking prices faster than salaries, and denting the purchasing power of America\'s households.\nThat can\'t happen with Bitcoin, say its adherents. Their idol can\'t be debased. Park your savings in Bitcoin or collect your paycheck in coins instead of dollars, and you\'ll safeguard your purchasing power. Over time, as dollar prices rise, the value of your Bitcoin holdings will rise at least in tandem to keep you whole. It\'s one of the few places were you can both protect your standard of living, and still make a killing.\nToday, we\'re witnessing a shocking, unexpected surge in inflation that may or may not be long-lasting. That\'s a major test for Bitcoin\'s alleged virtues. So how\'s it performing as a hedge against prices for groceries, appliances, used cars, gasoline, and sundry other consumer and producer items that at least for now, are far outpacing incomes?\nWe\'ll examine Bitcoin\'s record versus two inflation measures, the Consumer Price Index, and the Treasury\'s 10-Year Breakeven Inflation Rate. The CPI is a current yardstick that shows the change each month over the previous year. The breakeven numbers are forward-looking. They project the average yearly rate of price increases over the next decade.\nWe\'ll start with Bitcoin versus the CPI. From January to October of 2019, the CPI was rising most months at an annual clip between 1.6% and 1.8%. But from late that year through February of 2020, the economy strengthened, and shortly before the pandemic struck, consumer prices were waxing at 2.3%. Not even close to a scare, but still a significant uptick.\nOver those fourteen months, Bitcoin staged a big rally, vaulting from $3700 to $10,200. In hindsight, it like more a speculative bull run than a reaction to modestly rising prices. Still, inflation and Bitcoin moved in the same direction, though not nearly in the same proportions.\nFrom mid-February to the end of August of last year, the CPI readings plunged below 0.5% in the depths of the COVID-19 crisis, before rebounding to 1.4% in September. Investors stuck with Bitcoin even though its protection might have seemed less important as inflation eased well below early 2020 levels. It began and ended that span at nearly the same level of around $11,000.\nFrom September of 2020 through February of this year, inflation as measured by the CPI remained extremely mild, toggling between 1.4% and 1.7%. But Bitcoin more than quadrupled from $10,000 to $47,000. Bitcoin wasn\'t dancing to the CPI\'s tune. The big inflation surge started in March at 2.6%. In April the CPI waxed 4.2%, followed by ascending increases of 5.0% in May **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: 2021-07-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $609,647,055,500 - Hash Rate: 121378279.41893832 - Transaction Count: 236217.0 - Unique Addresses: 564753.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Tesla might face enormous second-quarter losses due to its Bitcoin holdings —unless the crypto bounces backin the coming weeks. See:State of Crypto — What’s Driving Its Meteoric Rise and Who’s Really Investing in Crypto NowFind:10 Stocks Elon Musk Has Put in the Spotlight — Are They Worth Your Investment? Elon Musk’s company said in February that it had purchased $1.5 billion Bitcoin and would start accepting the crypto as a form of payment — a decision it rescinded earlier this month. Musk tweeted that Tesla would resume accepting the crypto when there’s “reasonable clean energy usage by miners.” During the first quarter, Tesla said it recorded $27 million of impairment losses on Bitcoin and also realized gains of $128 million through sales of the crypto, according to a Securities and Exchange filing. This added $101 million represents a fourth of Tesla’s net income for the quarter, which was $438 million, according to the filing. In addition, the company said that “the fair market value of Bitcoin held as of March 31, 2021 was $2.48 billion.” See:Tesla Will Resume Accepting Bitcoin When There Is ‘Reasonable Clean Energy Usage by Miners,’ Musk SaysFind:Bitcoin Tumbles Amid Death Cross Signs and China Crackdown However, Bitcoin has been tumbling in recent weeks. The crypto was valued at $29,000 earlier this week, following China’s newly announced crackdown on the crypto which triggered the shuttering of several mining sites. As of this morning, Bitcoin bounced back to $34,000. If Bitcoin is trading at $29,500 at the end of June, when Tesla wraps up its second quarter, the company would be sitting on a loss of almost $90 million, according to Barron’s. “Investors are scratching their heads wondering why in the world would a major disruptor like Tesla, who is attempting to change the automotive world as we know it, want to burden itself with the unnecessary risk of holding onto Bitcoin’s volatility as an asset,” Christopher Davenport, CEO and founder of AutoParts4Less.com, tells GOBankingRates. “No one knows where the value of Bitcoin will be tomorrow, next week or next year. With huge stock valuation gains in 2020, it makes you wonder why Tesla is holding onto so much of Bitcoin’s risk.” See:Tesla Files for Restaurant, Take-Out Services TrademarkFind:How Much Money Would You Have — Tesla Model S vs. Tesla Stock Analysts are divided on what happens next to Bitcoin, as some see that $30,000 level holding and a return toward $40,000. Others point to weak demand, and say further declines are likely, according to CoinDesk. Tesla will report its second-quarter earnings next month. More From GOBankingRates • Small Businesses That You Can Do in Retirement • Quick and Easy Ways To Support Small Businesses Today • Small Businesses That Celebrities Love • How To Keep Your Financial Planning On Track in 2021 This article originally appeared onGOBankingRates.com:Tesla Might Face Enormous Bitcoin Loss in Coming Earnings... - Reddit Posts (Sample): [['u/[deleted]', 'BTC-XMR atomic swap marketplace is here!', 379, '2021-07-14 00:15', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/', 'The very first market-like website to link up with BTC-XMR atomic swap parties has been given birth. You can coordinate w/ other individuals to perform swaps back and forth using COMIT network ASB backend, settle on exchange rate and proceed. Visit https://unstoppableswap.net/ for more information.\n\nFor disclosure, neither COMIT nor I are related to the owner of the site. We are very early and all contributions are to be supported and treated with caution. Report back if you give it a whirl. Also, join #comit-monero:matrix.org for any questions you may have.', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/', 'ojqd3u', [['u/rottenwheel', 11, '2021-07-14 00:29', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h538eti/', 'What makes you say that?', 'ojqd3u'], ['u/KnowledgeMurky9635', 19, '2021-07-14 00:34', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h538zq9/', "lol its 'Testnet' accounts only aka worthless coins for testing, relax :) (maybe make it more clear as people might get confused)", 'ojqd3u'], ['u/q1h1', 137, '2021-07-14 00:38', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h539gt3/', 'Finally!! Fuck you Binance', 'ojqd3u'], ['u/xrv007', 55, '2021-07-14 01:52', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53i02y/', 'This will be huge. Very exciting to see the ecosystem growing. This is the first thing to have a proper interface to my knowledge.', 'ojqd3u'], ['u/w1ck3dAF', 56, '2021-07-14 01:58', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53inq2/', "[https://cantstoptheswap.net](https://cantstoptheswap.net) would've been so much better.", 'ojqd3u'], ['u/Slade_Duelyst', 14, '2021-07-14 02:01', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53izdw/', 'You afraid to get scammed out of your test net coins?', 'ojqd3u'], ['u/lammbo_2', 13, '2021-07-14 02:22', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53lgqe/', "Excellent! Can't wait to see this live 😎🙌", 'ojqd3u'], ['u/MnM_ADA_Charity_Pool', 35, '2021-07-14 02:54', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53p2vq/', 'Atomic swaps are a game changer.', 'ojqd3u'], ['u/nokoolaidisaidthnx', 74, '2021-07-14 02:56', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53pa96/', 'Holy shit, this is huge\n\nF*** you every exchange ever\n\n Here\'s my ID 🖕 for your KYC regs\n\n\n"Inspired by the original idea of cryptocurrency, we believe that privacy is a human right. No registration or provision of personal data on UnstoppableSwap. We will never ask you for any personal data".\n\nIs this all real?\n\nEdit: (takes a step back, a deep breath, n a look around)..\n.u/rottenwheel..\nthank you for your contribution....\nHow long will it be on test net and when will it go to main net plz?. Thanks', 'ojqd3u'], ['u/stefano_alfredo', 11, '2021-07-14 03:11', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53r3it/', 'holy shit. this is so fucking helpful. this GOAT right here', 'ojqd3u'], ['u/rottenwheel', 28, '2021-07-14 03:35', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53tula/', "'Technically, mainnet is already supported but there are just not any mainnet ASBs yet. We will probably begin to run a mainnet swap provider ourselves within the next few days.'\n\n'If there is already someone willing to offer mainnet BTC -> XMR, I encourage them to list their ASB on our site.'", 'ojqd3u'], ['u/alex54321538', 26, '2021-07-14 03:38', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53u5y0/', 'Now, this is a paradigm shift... get ready', 'ojqd3u'], ['u/DatBoiETC', 64, '2021-07-14 03:49', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53vcgn/', 'Also I would like to add, fuck you binance!', 'ojqd3u'], ['u/YAAAAAASsica', 13, '2021-07-14 03:50', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53vjc4/', 'What if the atomic swaps aren’t a boon for XMR but just used as a giant BTC tumbler? I suspect they will to some degree and maybe BTC wallets will have an “anonymize” functionality that will allow users to run their BTC through XMR and back to a brand new BTC wallet in one click (or maybe automatically). I think it’s a huge win to crypto overall and internet privacy but it might turn XMR’s place into simply a back-end tool rather than a currency used directly in commerce. I don’t think this would drive demand for holding XMR itself. If a lot of BTC->XMR transactions are immediately followed by an XMR->BTC transaction that won’t create a net demand.', 'ojqd3u'], ['u/psiconautasmart', 10, '2021-07-14 04:07', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53xe1r/', "Nah, the high fees in BTC won't let it scale for commerce. Custodial LN solutions will be inferior. XMR is way more user-friendly and will be used in commerce more.", 'ojqd3u'], ['u/_risho_', 18, '2021-07-14 04:12', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53xzgu/', 'atomic swap basically means it is trustless. there is never a point where someone has all the money and can run off with it like was in the case with shapeshift/changelly/etc. Either both sides of the trade executes or neither do.', 'ojqd3u'], ['u/Sixsignatory', 40, '2021-07-14 04:27', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53zl3e/', 'Its a process for 2 parties to trade btc to xmr without an intermediary, such as an exchange. Without trust and decentralized. It is a difficult and new technical achievement because the btc and xmr blockchain codebases are not clones of each other (it had to be custom coded from scratch) and because xmr does not have multi-signature capabilities. Its development has been funded largely my the xmr community. The fear has been that exchanges may limit or even drop xmr support for many gathering regulatory reasons. Some believe privacy-minded btc holders may be waiting for the opportunity to transfer to xmr using this decentralized and unregulated process. Others believe some btc holders could wash their tainted btc by crossing the xmr stream - trading thru the monero blockchain using the atomic swap. Regardless, this may prove to be an unstoppable alternative inroad to xmr.', 'ojqd3u'], ['u/jamie2234', 11, '2021-07-14 05:36', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h546t65/', 'hopefully many more like this begin popping up! it would be nice if we had a wiki of all of them', 'ojqd3u'], ['u/OD_GOD', 18, '2021-07-14 05:46', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h547rdd/', "0.006 exchange fee with a maximum of exchanging 0.001 btc? Am I reading this wrong? Little bit ridiculous if that's the case.", 'ojqd3u'], ['u/Wynslo', 18, '2021-07-14 07:40', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h54hpi2/', 'Your link worked :)', 'ojqd3u'], ['u/kenshinero', 10, '2021-07-14 08:15', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h54kdfh/', '> What if the atomic swaps aren’t a boon for XMR but just used as a giant BTC tumbler?\n\n> I suspect they will to some degree and maybe BTC wallets will have an “anonymize” functionality that will allow users to run their BTC through XMR and back to a brand new BTC wallet in one click\n\nImagine you use atomic swap to exchange your dirty BTC for some fungible XMR, then you want to swap your XMR for some clean BTC. Well you have no control over the cleanliness of you newly acquired BTC. In fact, you will most probably get some dirty BTC in return, possibly the same one you wanted to get rid of at the beginning.\n\nSo IMO atomic swap cannot be used to exchange dirty BTC for clean BTC. Which mean dirty BTC will be used to buy fungible XMR only, then cashing out XMR later.\n\nBut then, people seeking to simply make their transactions anonymous will face the same issues, they will get handed dirty BTC in return.\n\nSo IMO atomic swap cannot be used to render your BTC anonymous.\n\nIn fact, I wonder who will be giving XMR against BTC through atomic swap.\n\n+ Only people who have a reliable way to cash out dirty BTC can afford that, and there will be a premium for that.\n\nLastest development with south American countries starting to accept BTC as legal tender might make this easier to cash out dirty BTC there.\n\nInteresting times ahead.', 'ojqd3u'], ['u/xmronadaily', 15, '2021-07-14 10:14', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h54shuv/', "It's performing an exchange between BTC - XMR on a network level. No intermediaries involved. You cannot lose your funds in an exchange, it either executes and both parties receive it, so you receive your XMR and other party receives BTC or it doesn't (if something fails for some reason). \n\n​\n\nSince this is all code and on network level, there is no possible way to impose KYC regulations since there is no possible authority in charge of the process. That's the beauty of it. Enjoy freedom and privacy, as a basic human right, as it should be.", 'ojqd3u'], ['u/XTingleInTheDingleX', 30, '2021-07-14 11:46', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_market... 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 White House is creating a new group to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday. The task force will try to find ways of “halting ransom payments made through cryptocurrency platforms,” the report said . It will also try to help potential ransomware victims bolster their internal defenses and launch attacks against ransomware operators. The Financial Crimes Enforcement Network (FinCEN) will host a conference, and other branches of the government will provide different resources for potential ransomware victims, according to the report, which cited Anne Neuberger, the White House’s deputy national security adviser for cybersecurity and emerging technologies. Related: US State Department Offers to Pay for Cybercrime Tips With Crypto A spokesperson for FinCEN didn’t respond to CoinDesk’s request for comment by the time of publication. A spokesperson for Neuberger couldn’t immediately be located. Ransomware has become an increasingly important focus for U.S. lawmakers and federal officials after several high-profile attacks on different infrastructure firms, including Colonial Pipeline and JBS, a meat processing company. Both companies paid ransoms in bitcoin to their attackers, though federal officials were later able to recover most of the amount paid by Colonial Pipeline. More recently, software firm Kaseya suffered a ransomware attack, which may have affected hundreds of other firms that rely on Kaseya’s product to help manage their computer networks. Earlier on Wednesday, the Senate Judiciary Committee announced its plans to hold a hearing on ransomware later this month, and other lawmakers have sent companies questions about paying ransoms. Related: Don’t Blame Bitcoin for Ransomware It’s unclear what sort of proposed regulations around crypto may emerge from the White House’s task force. Members of an international Ransomware Task Force said in an April report that more consistent enforcement of anti-money laundering and know-your-customer laws would be the most effective tool for preventing payments, rather than attempting to ban cryptocurrency or prevent its use entirely. Related Stories Will Bitcoin or Russia Be Blamed for the Latest Ransomware Attacks? TRM Labs Raises $14M as Crypto Tracking Steps Into Spotlight', 'The White House is creating a new group to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday.\nThe task force will try to find ways of “halting ransom payments made through cryptocurrency platforms,”the report said. It will also try to help potential ransomware victims bolster their internal defenses and launch attacks against ransomware operators.\nThe Financial Crimes Enforcement Network (FinCEN) will host a conference, and other branches of the government will provide different resources for potential ransomware victims, according to the report, which cited Anne Neuberger, the White House’s deputy national security adviser for cybersecurity and emerging technologies.\nRelated:US State Department Offers to Pay for Cybercrime Tips With Crypto\nA spokesperson for FinCEN didn’t respond to CoinDesk’s request for comment by the time of publication. A spokesperson for Neuberger couldn’t immediately be located.\nRansomware has become an increasingly important focus for U.S. lawmakers and federal officials after several high-profile attacks on different infrastructure firms, including Colonial Pipeline and JBS, a meat processing company.Both companiespaidransomsinbitcointo their attackers, though federal officials were laterable to recovermost of the amount paid by Colonial Pipeline.\nMore recently, software firm Kaseyasuffereda ransomware attack, which may have affected hundreds of other firms that rely on Kaseya’s product to help manage their computer networks.\nEarlier on Wednesday, the Senate Judiciary Committee announced its plans tohold a hearingon ransomware later this month, and other lawmakers have sent companies questionsabout payingransoms.\nRelated:Don’t Blame Bitcoin for Ransomware\nIt’s unclear what sort of proposed regulations around crypto may emerge from the White House’s task force. Members of an international Ransomware Task Force saidin an April reportthat more consistent enforcement of anti-money laundering and know-your-customer laws would be the most effective tool for preventing payments, rather than attempting to ban cryptocurrency or prevent its use entirely.\n• Will Bitcoin or Russia Be Blamed for the Latest Ransomware Attacks?\n• TRM Labs Raises $14M as Crypto Tracking Steps Into Spotlight', 'A Las Vegas strip club is taking its first step toward accepting bitcoin payments over the Lightning Network in a bid to speed up payments, lower costs and provide privacy to clients. Crazy Horse 3 says it has become the first major entertainment venue in Las Vegas to accept payment using Lightning. Bitcoin payment processor and infrastructure provider OpenNode is overseeing the club’s new payment rail, which enables guests to make purchases on the club’s website. Related: Google Searches for ‘Bitcoin Price’ Reach 7-Month Low Bitcoin’s Lightning Network is a layer-two protocol system designed to settle transactions off-chain in a bid to cut down the time it takes to use the world’s oldest cryptocurrency and reduce the fees associated with bitcoin payments. When Bitcoin was unveiled in 2009, it could settle seven transactions per second (TPS). Now as the network and number of users have grown, so too has the demand on Bitcoin’s infrastructure. The Lightning Network attempts to solve that by increasing the maximum throughput to 25 million TPS. That is an important for businesses like Crazy Horse 3 that accept bitcoin as a form of payment. Lightning also offers an extra layer of transaction privacy. For instance, its nodes use Tor’s anonymous communication network known as onion routing. The routing affords nodes the ability to send transactions through each other while keeping the bitcoin transacted encrypted . Related: Bitcoin Under Pressure, Faces Support at $30K “We\xa0are embracing the opportunity to accept bitcoin as a way to deliver convenience, first-class hospitality and an added level of anonymity for our guests,” a Crazy Horse 3 representative said in a statement . What’s in it for the Horse? Located a stone’s throw away from the new Allegiant Stadium, home of the National Football League’s Las Vegas Raiders, Crazy Horse 3 is not exactly tucked away. Like most adult entertainment businesses, the club faces financial judgment in the form of being labeled a “high-risk” industry, and so the fees it pays to payment processing companies via traditional rails are higher. Fees charged by using bitcoin as a form of payment are much lower. Story continues Bitcoin payments can help international clients flying into Las Vegas because they don’t need to use their debit or credit cards to make fast payments. So far, the club is accepting bitcoin payments only for bottle service, but it plans to expand transactions to include “admission, food selections, craft cocktails, retail and the club’s signature ‘dance dollars,’ valid toward lap dances and entertainer tipping.” Tipping is where the Lightning Network has the potential to truly make an impact. Under the conditions of privacy, lower fees, and faster payments, the ability to pay entertainers in satoshis or “sats” – fractions of a whole bitcoin – those on the receiving end can forge entirely new local economies. Onchain bitcoin microtransactions would be prohibitively slow and expensive. But payments on Lightning are ideally made in smaller increments, just right for tips. Related Stories Bitcoin Trending Down Despite Earlier Gains Another Bitcoin Investor Sues T-Mobile Over SIM Swap Attack', 'A Las Vegas strip club is taking its first step toward acceptingbitcoinpayments over the Lightning Network in a bid to speed up payments, lower costs and provide privacy to clients.\nCrazy Horse 3 says it has become the first major entertainment venue in Las Vegas to accept payment using Lightning.\nBitcoin payment processor and infrastructure provider OpenNode is overseeing the club’s new payment rail, which enables guests to make purchases on the club’s website.\nRelated:Google Searches for ‘Bitcoin Price’ Reach 7-Month Low\nBitcoin’s Lightning Network is a layer-two protocol system designed to settle transactions off-chain in a bid to cut down the time it takes to use the world’s oldest cryptocurrency and reduce the fees associated with bitcoin payments.\nWhen Bitcoin was unveiled in 2009, it could settle seven transactions per second (TPS). Now as the network and number of users have grown, so too has the demand on Bitcoin’s infrastructure.\nThe Lightning Network attempts to solve that by increasing the maximum throughput to 25 million TPS. That is an important for businesses like Crazy Horse 3 that accept bitcoin as a form of payment.\nLightning also offers an extra layer of transaction privacy. For instance, itsnodesuseTor’sanonymous communication network known as onion routing. The routing affords nodes the ability to send transactions through each other while keeping the bitcoin transactedencrypted.\nRelated:Bitcoin Under Pressure, Faces Support at $30K\n“We\xa0are embracing the opportunity to accept bitcoin as a way to deliver convenience, first-class hospitality and an added level of anonymity for our guests,” a Crazy Horse 3 representative said in astatement.\nLocated a stone’s throw away from the new Allegiant Stadium, home of the National Football League’s Las Vegas Raiders, Crazy Horse 3 is not exactly tucked away. Like most adult entertainment businesses, the club faces financial judgment in the form of being labeled a “high-risk” industry, and so the fees it pays to payment processing companies via traditional rails are higher. Fees charged by using bitcoin as a form of payment are much **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: 2021-07-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $611,875,970,622 - Hash Rate: 91390704.5036712 - Transaction Count: 226234.0 - Unique Addresses: 572802.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fintech Header Quote To Start The Day: "As my knowledge of things grew I felt more and more the delight of the world I was in.” Source: Helen Keller One Big Thing In Fintech: The Basel Committee on Banking Supervision on Thursday recommended the highest possible risk weighting — 1,250% — be applied to a bank's exposure to Bitcoin and some other cryptocurrencies. Under that suggestion, a bank would need to hold a dollar in capital for each dollar worth of Bitcoin, based on an 8% minimum capital requirement. Source: Banking Dive Other Key Fintech Developments: LemonEdge adding $2.5M round. Silvergate cuts ties with Binance. Money Minx to build finance tech. Regions agrees to buy EnerBank. BoA expanding digital payments. Stripe has added Stripe Tax tech. Messenger adds Venmo-like QR. State Street sets up a crypto unit. Webull is considering $400M IPO. Texas greenlights crypto custody. French, Swiss will run CBDC trial. Nude launches home buying app. Sunwest launches a new platform. Small Exchange intros pot futures. TreasurySpring has raised $10M. Ledger landed a $380M Series C. Unpacked : The fintech endgame. Warren looks for crypto regulation. Remitly has filed IPO paperwork. Clip secures $250M in new round. Fundbox partners up with Indeed. Arrington launches a $100M fund. CrossTower partners with Khalsa. Klarna has secured $639M round. Coinbase struck crypto 401K deal. Amex and Synchrony bid Amazon. Pacer ETFs passed $7B in AUM. Analysis : LATAM cryptocurrencies. Unbound Finance adds financing. Watch Out For This: In the end, in running a successful company, egos must be removed. That’s according to JR Rahn, who said MindMed requires leaders better equipped to pursue late-stage clinical trials and solve regulatory hurdles. “It’s about removing oneself from necessarily what your ego tells you to do,” he said in a conversation on his commitment to making minds and bodies healthier. “The biggest thing I can do for MindMed, right now, is to realize that it needs a different type of leader, for the long haul. It is really for the best of the mission that is so deeply important to me.” Story continues Source: Benzinga Interesting Reads: Charge is investing in EV charging. AMC seeing a new path to stability. Fuel Ventures launches a VC fund. JPM sees a new BTC bear market. SEC freshens up market structure. Analysis : Global minimum tax hike. JPM: Inflation is not a threat today. Market Moving Headline: Prices paid by U.S. consumers rose in May by more than forecast, extending a months-long buildup in inflation that risks becoming more established as the economy strengthens. Source: Bloomberg See more from Benzinga Click here for options trades from Benzinga EXCLUSIVE: Psychedelics Pioneer J.R. Rahn Unpacks Decision To Leave MindMed As CEO Fintech Focus For June 10, 2021 © 2021 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:** ['These days, virtually all financial services companies are bracing for technological disruption that promises to upend business as usual. Banks know that going branchless and online-only is the future, while brokerages are trying to “democratize” investing with easy-to-use trading apps and algorithm-based robo-advisors.\nVisais well aware of this. Despite a market capitalization of more than $500 billion, the payments behemoth is trying to reposition itself accordingly. In a world in which mobile wallets and real-time payments—fromPayPalto the Federal Reserve’s instant settlement network—threaten traditional cash and card transactions, the company has invested in and teamed up with would-be fintech disruptors before they can disrupt too much.\n“Many years ago, we saw the beginnings of this [fintech] wave coming, and early on we decided we’re absolutely going to lean into this,” Visa president Ryan McInerney toldFortunein May. Whether it’s deploying its payment system to enable mobile wallets likeApplePay andGooglePay, or partnering with international remittance startups like Wise and Remitly, Visa has its fingerprints all over the rapidly digitizing world of moving money.\nThat strategy extends to cryptocurrency, which Visa has pushed into in recent years by establishing relationships with the likes ofCoinbase,Circle, andFTX, among others. The goal is to make it easier for users of those platforms to buy products and services with their cryptocurrencies, while also giving Visa new revenue opportunities from transactions involving a proliferating asset class. So far, that bet appears to be paying off.\nLast week, Visadisclosedthat it has partnered with no less than 50 crypto platforms via card programs that “make it easy to convert and spend digital currency at 70 million merchants worldwide.” What’s more, the company revealed that it had facilitated more than $1 billion in transactions via crypto-linked Visa cards in the first half of 2021 alone. That comes in the wake of Visa having announced in March that, for the first time, it hadsettled a transaction using a virtual currency—in that case, the Circle-backed stablecoin known as USD Coin (USDC).\n“We want to be an on-ramp and an off-ramp between the regular world and the crypto world,” Oliver Jenkyn, Visa’s executive vice president and regional president for North America, said last month at a fintech conference hosted by RBC Capital Markets. “If you’ve got $1 million in Bitcoin in your account, for example, and you want to go buy a burger, it’s very difficult to actually make that transaction happen. But if you put a Visa card in front of that crypto wallet or crypto exchange account, then you can convert that back to fiat currency [and] go buy your burger and fries.”\nAt this point, Visa’s crypto platform remains a minuscule piece of a business that processed nearly $11.4 trillion in debit and credit card transactions globally last year. But the value of its efforts lay far beyond the fees Visa currently generates from its crypto-linked cards; should crypto continue to grow in use in the coming years, the company is counting that it will be in prime position to benefit.\nIt is an approach in line with Visa’s overall fintech strategy—one where “rather than [fintech] being a disruptive influence, it actually creates more distribution points” for Visa’s network,Bank of Americaanalyst Jason Kupferberg toldFortuneearlier this year.\nNot all elements of Visa’s fintech strategy have succeeded. Its proposed $5.3 billion acquisition of financial data provider Plaidfell apart publicly last yearafter a Justice Department antitrust lawsuit laid bare the company’s insecurities about a burgeoning fintech “volcano," as one Visa executive phrased it, that threatened its business.\nBut Visa has since rebounded from the scuppered deal, havingannounced the acquisitionlast month of Swedish fintech startup Tink, which operates a Europe-focused open banking platform similar to Plaid’s. That deal is valued at more than $2.1 billion.\nMoving forward, crypto is as critical a part of Visa’s overall digital strategy as any facet of the broader fintech revolution—and one growing in importance. Cuy Sheffield, Visa’s head of crypto,told The Blocklast week that the company had increased its number of partnerships with crypto firms more than 40% in the previous four months alone.\n“If I’m banking on a [financial services] company to maintain their current competitive position 20 years from now, one I feel most confident in is Visa,” Morningstar analyst Brett Horn toldFortune. “The [fintech] space does continue to evolve, but you never want to forget the massive advantage they enjoy, and likely will for years to come.”\nThis story was originally featured onFortune.com', 'Bitcoin , BTC to USD, fell by 2.84% on Thursday. Reversing a 0.29% gain from Wednesday, Bitcoin ended the day at $31,890.0. A bullish start to the day saw Bitcoin rise to an early morning intraday high $33,200.0 before hitting reverse. Falling short of the first major resistance level at $33,438, Bitcoin slid to a late afternoon intraday low $31,150.0. Bitcoin fell through the first major support level at $31,898. Steering clear of sub-$31,000 support levels, Bitcoin partially recovered to end the day at $31,890 levels. The first major resistance level at $31,898 pinned Bitcoin back at the day’s end. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin rose by 2.1% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink and Crypto.com Coin slid by 7.03% and by 6.35% respectively to lead the way down. Cardano’s ADA (-3.03%), Ethereum (-3.81%), Litecoin (-3.99%), and Ripple’s XRP (-3.72%) also saw heavy losses. Bitcoin Cash SV (-2.67%) and Polkadot (-2.38%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Thursday low $1,257bn. At the time of writing, the total market cap stood at $1,293bn. Bitcoin’s dominance fell to a Tuesday low 45.74% before rising to a Wednesday high 46.84%. At the time of writing, Bitcoin’s dominance stood at 45.95%. This Morning At the time of writing, Bitcoin was down by 0.60% to $31,698.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,959.0 before falling to a low $31,673.0. 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, Crypto.com Coin was down by 0.97% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $32,080 pivot to bring the first major resistance level at $33,010 into play. Support from the broader market would be needed for Bitcoin to break out from $32,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at Thursday’s high $33,200.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $34,000 levels before any pullback. The second major resistance level sits at $34,130. Failure to move through the $32,080 pivot would bring the first major support level at $30,960 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,030 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Today’s Market Wrap Up and a Glimpse Into Friday Natural Gas Price Forecast – Natural Gas Markets Continue Sideways Action The Crypto Daily – Movers and Shakers – July 16th, 2021 AUD/USD Forex Technical Analysis – Major Decision for Bulls on Test of .7379 – .7372 USD/CAD Daily Forecast – Test Of Resistance At 1.2560 USD/CAD Exchange Rate Prediction – The Dollar Surges to 2.5 Month Highs', 'Bitcoin , BTC to USD, fell by 2.84% on Thursday. Reversing a 0.29% gain from Wednesday, Bitcoin ended the day at $31,890.0. A bullish start to the day saw Bitcoin rise to an early morning intraday high $33,200.0 before hitting reverse. Falling short of the first major resistance level at $33,438, Bitcoin slid to a late afternoon intraday low $31,150.0. Bitcoin fell through the first major support level at $31,898. Steering clear of sub-$31,000 support levels, Bitcoin partially recovered to end the day at $31,890 levels. The first major resistance level at $31,898 pinned Bitcoin back at the day’s end. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin rose by 2.1% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink and Crypto.com Coin slid by 7.03% and by 6.35% respectively to lead the way down. Cardano’s ADA (-3.03%), Ethereum (-3.81%), Litecoin (-3.99%), and Ripple’s XRP (-3.72%) also saw heavy losses. Bitcoin Cash SV (-2.67%) and Polkadot (-2.38%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Thursday low $1,257bn. At the time of writing, the total market cap stood at $1,293bn. Bitcoin’s dominance fell to a Tuesday low 45.74% before rising to a Wednesday high 46.84%. At the time of writing, Bitcoin’s dominance stood at 45.95%. This Morning At the time of writing, Bitcoin was down by 0.60% to $31,698.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,959.0 before falling to a low $31,673.0. Bitcoin left the major support and resistance levels untested ear **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: 2021-07-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $598,424,350,970 - Hash Rate: 107098481.84023967 - Transaction Count: 223466.0 - Unique Addresses: 552751.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Basel committee proposals would make it very expensive for banks to hold digital currencies, which could hinder a wider market acceptance of tokens. Photo: Omar Marques/SOPA Images/LightRocket via Getty Images (SOPA Images via Getty Images) Bitcoin continued on a volatile course on Friday after the top banking regulator proposed to classify the flagship crypto as the riskiest of assets. Bitcoin ( BTC-USD ) fell 2% to $37,258 (£26,308) in afternoon trade in London after reaching as high as $37,548 on Friday morning. It enjoyed a boost on Wednesday and Thursday from El Salvador making it legal tender, rallying as much as 8% following the news. The Basel Committee on Banking Supervision believes banks should set aside enough capital to cover losses on any bitcoin holdings in full and has issued a public consultation on proposals for the treatment of banks' cryptoasset exposures. The plans would make it very expensive for banks to hold digital currencies, which could hinder a wider market acceptance of tokens. One proposal is to attach a 1,250% risk to a bank’s exposure to bitcoins and certain other cryptos. Chart: Yahoo Finance Experts have said that the US "needs to form" a new crypto regulation commission to encompass both markets and institutions if it's "serious about regulating" bitcoin and other crypto assets. "Because most exchanges are unregulated, volume and price manipulation strategies are still rampant on most," said Carol Alexander, Professor of Finance at the University of Sussex. "Crypto is characterised as the Wild West of financial markets at the moment – even though US regulators have been trying to rein in the sector their attempts have been underwhelming." Other major cryptos dwindled. Ethereum ( ETH-USD ) — the second biggest crypto by market cap — crashed over 4% to trade at $2,463. Meme token dogecoin ( DOGE ) also dropped 4% to $0.32. On Wednesday, El Salvador's president Nayib Bukele announced it would accept bitcoin as legal tender. The move makes the Central American nation the first in the world to formally adopt the digital currency. Alexandra Clark, sales trader at Globalblock, said El Salvador’s decision to accept bitcoin as legal tender "prompted Iran and India to change their tune on crypto." Story continues "Indian authorities have scrapped their plans for a total ban and will instead move to classify cryptocurrencies as an alternative asset class and Iran is planning to introduce a legal framework for crypto," Clark added. "This is yet another example of countries that have previously banned crypto changing their approach as they see adoption regardless and is another piece of bullish news flow for bitcoin." Read more: New rules could make crypto hugely expensive for banks Adoption of cryptocurrencies have been a hot topic in recent months, and have been boosted by institutional support. Several organisations, including MicroStrategy ( MSTR ) and Tesla ( TSLA ) have invested billions of dollars into cryptocurrencies. Traditional financial firms like PayPal ( PYPL ) and Goldman Sachs ( GS ) have also begun handling the asset on behalf of clients, leaving them with potential exposure. However it has also faced staunch opposition from governments and central banks which have been keen to regulate digital currencies. The UK's Financial Conduct Authority has warned that if consumers invest in cryptoassets, "they should be prepared to lose all their money." Meanwhile the Internal Revenue Service in the US has said it needs more authority from Congress to regulate the cryptocurrency industry and collect information on transfers valued at over $10,000 that mostly go unreported. In May, Chinese vice-premier Liu Hu had said China would "severely crack down on illegal securities activities and severely punish illegal financial activities." Watch: What is 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, fell by 1.46% on Friday. Following a 2.84% decline on Thursday, Bitcoin ended the day at $31,428.0.\nAfter a mixed start to the day, Bitcoin slid to a late morning intraday low $31,044.0 before making a move.\nSteering clear of the first major support level at $30,960, however, Bitcoin rallied to a late afternoon intraday high $32,271.0.\nFalling short of the first major resistance level at $33,010, Bitcoin slid back to end the day at sub-$31,500 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nBitcoin Cash SVended the day flat to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nPolkadot slid by 6.69% to lead the way down.\nBinance Coin(-4.05%),Chainlink(-3.03%),Cardano’s ADA(-4.37%), andLitecoin(-4.16%) also struggled.\nCrypto.com Coin(-2.29%),Ethereum(-2.18%), andRipple’s XRP(-1.43%) saw relatively modest losses, however.\nIn the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,260bn.\nBitcoin’s dominance rose to a Wednesday high 46.84% before falling to a Thursday low 45.47%. At the time of writing, Bitcoin’s dominance stood at 46.48%.\nAt the time of writing, Bitcoin was down by 0.53% to $31,262.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,564.0 before falling to a low $21,262.0.\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, Polkadot was down by 1.19% to lead the way down.\nBitcoin would need to move through the $31,581 pivot to bring the first major resistance level at $32,118 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $32,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and resistance at Friday’s high $32,271.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,500 levels before any pullback. The second major resistance level sits at $32,808.\nFailure to move through the $31,581 pivot would bring the first major support level at $30,891 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,354 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Continue to Hover In Same Consolidation\n• The Weekly Wrap – The Greenback Comes out on Top as U.S Inflation Spikes\n• The Crypto Daily – Movers and Shakers – July 17th, 2021\n• Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern\n• Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021', 'Bitcoin , BTC to USD, fell by 1.46% on Friday. Following a 2.84% decline on Thursday, Bitcoin ended the day at $31,428.0. After a mixed start to the day, Bitcoin slid to a late morning intraday low $31,044.0 before making a move. Steering clear of the first major support level at $30,960, however, Bitcoin rallied to a late afternoon intraday high $32,271.0. Falling short of the first major resistance level at $33,010, Bitcoin slid back to end the day at sub-$31,500 levels. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 ended the day flat to buck the trend on the day. It was a bearish day for the rest of the majors, however. Polkadot slid by 6.69% to lead the way down. Binance Coin (-4.05%), Chainlink (-3.03%), Cardano’s ADA (-4.37%), and Litecoin (-4.16%) also struggled. Crypto.com Coin (-2.29%), Ethereum (-2.18%), and Ripple’s XRP (-1.43%) saw relatively modest losses, however. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,260bn. Bitcoin’s dominance rose to a Wednesday high 46.84% before falling to a Thursday low 45.47%. At the time of writing, Bitcoin’s dominance stood at 46.48%. This Morning At the time of writing, Bitcoin was down by 0.53% to $31,262.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,564.0 before falling to a low $21,262.0. 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, Polkadot was down by 1.19% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $31,581 pivot to bring the first major resistance level at $32,118 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $32,000 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at Friday’s high $32,271.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,500 levels before any pullback. The second major resistance level sits at $32,808. Failure to move through the $31,581 pivot would bring the first major support level at $30,891 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,354 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Continue to Hover In Same Consolidation The Weekly Wrap – The Greenback Comes out on Top as U.S Inflation Spikes The Crypto Daily – Movers and Shakers – July 17th, 2021 Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021', 'Anthony Di Iorio will be severing his major ties to the cryptocurrency industry and selling his current venture, Decentral, to start a philanthropic foundation in the next year, the Ethereum co-founder told CoinDesk in a phone interview.\n“I’m a crypto guy and I don’t want to be known as a crypto person,” he said. “I want to be known as a problem solver.”\nConcerns about his personal security figured “a good 20%” into his decision, he said.\nRelated:Investors Crawl Back to Ethereum Funds as Bitcoin Outflows Rise\nDi Iorio said the new organization would use principles he developed as a crypto entrepreneur and even possibly blockchain technology itself to address what he described as “large problems.”\nHe will be funding the entity from his own holdings, which he declined to disclose, and money he earns from the sale of Decentral, which he valued at “a few hundred million dollars.” He has already spoken with potential suitors and anticipates selling Decentral for fiat currency or a stake in another business rather than crypto. In 2018 whenether’sprice was less than half its current level,Forbes saidDi Iorio was worth as much as $1 billion.\nTwo years ago, the 46-year-old Canadian who is widely known for his work on the Ethereum network,announcedhe was retiring from Decentral, the wallet and crypto services provider that he founded, and would serve as board chairman. But within months, he had returned to a daily management role, delaying a long-desired, full-time commitment to philanthropy.\nWhile he will end his relationships with other blockchain firms in which he’s involved, he said that he was open to using blockchain technology along with other approaches in his forthcoming work. “There’s a middle ground and crypto is a tool in my tool belt,” Di Iorio said.\nRelated:Grayscale Unveils DeFi Fund Linked to New CoinDesk Index\nHe said he has already hired a public relations firm to work with his foundation and that “we’re looking to move forward and scale,” including hiring employees.\nThe foundation will work across industries and on a variety of issues, although Di Iorio did not specify which ones. He has already been holding weekly “whiteboarding sessions” with a number of industry and political leaders, including Paraguayan congressman andbitcoinenthusiastCarlos Rejala.\n• Ethereum Documentary Featuring Vitalik Buterin Raises 1,036 ETH\n• Vitalik Buterin Is Involved in a New Documentary About Ethereum', 'Anthony Di Iorio will be severing his major ties to the cryptocurrency industry and selling his current venture, Decentral, to start a philanthropic foundation in the next year, the Ethereum co-founder told CoinDesk in a phone interview. \x93I\x92m a crypto guy and I don\x92t want to be known as a crypto person,\x94 he said. \x93I want to be known as a problem solver.\x94 Concerns about his personal security figured \x93a good 20%\x94 into his decision, he said. Related: Investors Crawl Back to Ethereum Funds as Bitcoin Outflows Rise Di Iorio said the new organization would use principles he developed as a crypto entrepreneur and even possibly blockchain technology itself to address what he described as \x93large problems.\x94 He will be funding the entity from his own holdings, which he declined to disclose, and money he earns from the sale of Decentral, which he valued at \x93a few hundred million dollars.\x94 He has already spoken with potential suitors and anticipates selling Decentral for fiat currency or a stake in another business rather than crypto. In 2018 when ether\x92s price was less than half its current level, Forbes said Di Iorio was worth as much **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: 2021-07-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,998,115,659 - Hash Rate: 101997588.09440474 - Transaction Count: 182047.0 - Unique Addresses: 458821.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.15 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin seized in a fraud investigation by the U.S. Department of Justice (DOJ)’s Northern District of Ohio returned $19.2 million when sold, The Blade reported. • The crypto was seized from Mark Simon, an Ohio man arrested and convicted for producing and selling false identification documents, such as driver’s licenses. • Simon’s clients paid for the documents in bitcoin. • An initialindictmentof Simon and his alleged accomplices in March 2018 stated that prosecutors were seeking to forfeit 500 BTC, worth an estimated $5.1 million at the time. • The bitcoin was worth around $2.9 million when surrendered to the federal government in 2019, The Blade said. • The bitcoin were sold for more than $19 million, the report said, citing Acting U.S. Attorney Bridget Brennan. • It was the largest net forfeiture in Northern District of Ohio’s history, she said Thursday. • Simon pleaded guilty. He was sentenced to 24 months in prison and agreed to the forfeiture of the crypto. • Fake Covid Certificates, Stolen Vaccines Sold on Dark Web for Bitcoin • South Africa to Accelerate Crypto Regulation in Wake of Scams: Report • Gerald Cotten and Quadriga: Unraveling Crypto’s Biggest Mystery • UK Bank NatWest Limits Amount Users Can Transfer to Crypto Exchanges... - Reddit Posts (Sample): [['u/1movingout', 'So complete beginner, simply want to buy BTC with a small $ amount. Am I understanding the "steps" correctly?', 13, '2021-07-17 00:57', 'https://www.reddit.com/r/shakepay/comments/ols5om/so_complete_beginner_simply_want_to_buy_btc_with/', "So here's how I think the whole thing goes down:\n\n1) Create a Shakepay account, then verify my identity by uploading a gov't ID\n\n2) Wait until my identity is verified\n\n3) Fund my account through interac e-transfer (this is MY preferred method for the record)\n\n4) Buy BTC\n\n5) Withdraw to wallet (like Electrum)\n\nAm I missing anything else?", 'https://www.reddit.com/r/shakepay/comments/ols5om/so_complete_beginner_simply_want_to_buy_btc_with/', 'ols5om', [['u/Gruz420', 10, '2021-07-17 01:36', 'https://www.reddit.com/r/shakepay/comments/ols5om/so_complete_beginner_simply_want_to_buy_btc_with/h5ghzfh/', 'Yup, that’s basically it. Also, remember to use a referral code, and shake your phone daily for free sats.', 'ols5om']]], ['u/t1mu1', 'Bitcoin vs Ethereum 2021?', 20, '2021-07-17 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/olsgxi/bitcoin_vs_ethereum_2021/', "What is the difference between ether and bitcoin?\n\nWhat happened\nBitcoin has risen in price by 500% over the past year, ether - by 1500%. Right now, these are the two largest cryptoassets in terms of capitalization with a valuation of over $ 2 trillion.\nSo it's time to figure out how ether and bitcoin differ from each other. Moreover, despite some common features, they differ in many respects.\n\nWhat is Bitcoin\nBitcoin was the first digital currency to successfully create a way to transfer value between two different people around the world. In fact, it all started with him.\nSomeone Satoshi Nakamoto (one person or group) created a digital and time-ordered ledger (blockchain) to record every Bitcoin transaction.\nThis solved the problem of double spending and ensured that people would not be able to exchange fake bitcoins already transferred.\nIt also meant that transactions took place independently of the participation or intervention of ordinary intermediaries like government, banks, or corporations.\nBitcoin was practically worthless when it was first activated in January 2009. In April 2021, it was already worth $ 65,000.\n\nWhat is ether\nEthereum was created by programmer Vitalik Buterin, who released his first white paper on the subject in late 2013.\nButerin was originally a bitcoin fanatic, but soon became disillusioned with the limitations and decided to create a system that could do more than just fix static values.\nHis vision was for a blockchain on which to host what later became known as smart contracts - self-executing agreements in which a chain of actions could flow from certain conditions and unforeseen circumstances.\nThe only limitation in transactions here is the imagination of the developers.\n\nWhat the ether took over from bitcoin\nThe basis is the idea of \u200b\u200bworking across a decentralized network of computers that share a cumulative record of transactions. Both systems are publicly viewable and built on open source software.\nBoth Ether and Bitcoin also rely on people to participate in the computations used to verify transactions and are rewarded in the form of a newly released digital currency (miners).\nThis type of verification system is called proof of work. It is, incidentally, criticized for energy consumption and pollution. According to one estimate, the Bitcoin network consumes more electricity than Sweden in a year.\n\nHow Bitcoin developed\nCryptocurrency, which has long been a marginal asset and a tool for anonymous users, is becoming digital gold - an item prized for its ability to be a store of value.\nOf course, bitcoin is known for its volatility and has experienced a huge number of ups and downs in its history (when Spot first wrote about bitcoin, it cost $ 9,517), but it attracts some people as a defense against inflation (since its offer is limited by the algorithm of its foundation) and others as an asset for diversifying savings (since it is not related to stocks and bonds).\nMany people, of course, buy bitcoin because they think others will buy it.\n\nHow the ether developed\nThis is where the biggest difference begins. Ether also evolved, but the changes were related to how its Ethereum network was used in practice, not as a savings or investment.\nThe first boom happened in 2017, when it became fashionable to conduct ICOs - many of them used ether and the Ethereum blockchain. Yes, regulators quickly limited ICOs, but this case showed that Ethereum can be used to raise money by bypassing banks or venture capital companies. It was a new way to raise funds.\nThe second boom happened in 2020, when the heyday of decentralized finance projects - DeFi. These were startups that offered to pay interest on ether deposits, offered secured lending, and allowed users to exchange cryptocurrencies on decentralized exchanges. Here Ethereum again acted as an alternative, and for such a pillar of traditional finance as lending. And again, all this was without the participation of banks or brokers.\nThe third boom is still ongoing. These are NFTs - non-fungible tokens. They have been around since 2017 and are usually digital counterparts of an image or artwork that links to the Ethereum blockchain to prove uniqueness. This can make the artwork valuable to collectors because, unlike MP3 songs, they cannot be copied indefinitely. Not the fact that it will become popular among the masses, but again, it paves the way for new opportunities.\n\nWhy they go up in value and the difference in use\n\n\nBitcoin is rising in value against the background\n\n\ninterest in it from large companies - Micro Strategy, Tesla, Morgan Stanley, J.P. Morgan Chase. The cryptocurrency is used by them in the creation of funds or investments.\nEther is growing in price amid interest in it from developers and startups - Ethereum is one of the most frequently used in various blockchain projects.\n\nDoes size matter\nNot really. Ether is already being used more than Bitcoin, and more developers are working on it. This is not surprising when you consider how many possibilities Ethereum has to offer. The overall market share that bitcoin claims has been dropping lately as Ether has risen significantly in value. According to the CoinGecko tracker, bitcoin now accounts for about 46% of the total value of the cryptocurrency market (at the beginning of the year it was about 70%), and ether - 15%.\n\nHow are they doing with the risks\nThe main risk is that overly burdensome financial or tax regulations could slow down the development of blockchain, ether, and bitcoin. For example, Pavel Durov's blockchain project TON was closed precisely because of the regulator.\nIn Uzbekistan, a few years ago, they officially headed for the blockchain, but there are almost no cases. The country also prohibits the use of cryptocurrency as a means of accepting payments, it is only possible to sell on the exchange, and transactions bypassing it are considered a crime.\nIn addition, there is a risk of cryptocurrency theft by fraudsters, the loss of the key necessary to protect it, and a collapse in prices.\n\nCould it all be a bubble\nCan. According to Bloomberg, some analysts see the current Bitcoin and Ether price boom as the result of a risky approach to profitability and the enthusiasm of retail investors (sort of like the GameStop story).\nIn addition, there is a small group of users (whales) that owns a significant part of bitcoins and ether, and, accordingly, in theory, can change prices at their whim.\nEven cryptocurrency proponents admit that sector volatility can be extremely high. But they note that major cryptocurrencies like Bitcoin and Ether have always rebounded after any dips, and the bubble is known to only burst once.", 'https://www.reddit.com/r/CryptoCurrency/comments/olsgxi/bitcoin_vs_ethereum_2021/', 'olsgxi', [['u/Arsa3108', 14, '2021-07-17 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/olsgxi/bitcoin_vs_ethereum_2021/h5gfot1/', 'Heavily invested in both, but I personally have higher hopes for ETH', 'olsgxi']]], ['u/RevolutionaryDrive5', 'Is crypto ever going to become independent of Bitcoin actions, if so how?', 30, '2021-07-17 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/olsi6e/is_crypto_ever_going_to_become_independent_of/', "Newbie question but firstly what makes the whole crypto world so attached to bitcoin? is it always going to be like this? if not how can we make it more independant of bitcoin and is this what we want or is there another reason why we shouldn't?", 'https://www.reddit.com/r/CryptoCurrency/comments/olsi6e/is_crypto_ever_going_to_become_independent_of/', 'olsi6e', [['u/Jezzadoe', 25, '2021-07-17 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/olsi6e/is_crypto_ever_going_to_become_independent_of/h5gfocl/', 'When adoption reaches the point non-speculative demand for coins/tokens can sustain price levels.', 'olsi6e']]], ['u/ShotBot', 'When a person is CEO of multiple companies, does it concern you that they lack focus? Jack Dorsey and Elon Musk for example.', 1102, '2021-07-17 01:25', 'https://www.reddit.com/r/stocks/comments/olso4q/when_a_person_is_ceo_of_multiple_companies_does/', "In a recent interview Jack Dorsey said that despite the ambitions of Square and Twitter, his real passion is building on Bitcoin. I'm not saying people can't have multiple things going on in their lives, but certainly you can spread yourself too thin and lose focus.\n\n​\n\nThe same thing with Elon Musk, he seems very occupied with being a social media star when he's running like a half dozen companies. If I were to quiz him on the financials of Neuralink, how much would he really know? How can you dedicate all the necessary time in your day for all of these projects?", 'https://www.reddit.com/r/stocks/comments/olso4q/when_a_perso... 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 0.42% on Saturday. Partially reversing a 1.46% fall from Friday, Bitcoin ended the day at $31,560.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $31,210.0 before making a move.\nSteering clear of the first major support level at $30,891, however, Bitcoin rallied to a late morning intraday high $32,000.0.\nFalling short of the first major resistance level at $32,118, Bitcoin fell back to $31,300 levels and into the red.\nFinding support through the 2ndhalf of the day, however, Bitcoin revisited $31,900 levels before easing back.\nThe near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCrypto.com Coinand Polkadot rose by 1.89% and by 1.73% respectively to lead the way.\nChainlink(+0.59%),Cardano’s ADA(+0.10%), andEthereum(+1.20%) also joined Bitcoin in positive territory.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVslid by 4.28% to lead the way down.\nBinance Coin(-0.83%),Litecoin(-0.57%), andRipple’s XRP(-1.59%) also saw red.\nIn the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,282bn.\nBitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.27%.\nAt the time of writing, Bitcoin was up by 0.26% to $31,641.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,514.0 before rising to a high $31,649.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was down by 0.97% to buck the trend at the start of the day.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Chainlink was up by 0.87% to lead the way.\nBitcoin would need to avoid a fall back through the $31,590 pivot to bring the first major resistance level at $31,970 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $31,900 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $32,000.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,000 before any pullback. The second major resistance level sits at $32,380.\nA fall back through the $31,590 pivot would bring the first major support level at $31,180 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,800 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern\n• Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling\n• S&P 500 Weekly Price Forecast – S&P 500 Continues to Sit Sideways\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Have Tough Week\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021\n• The Crypto Daily – Movers and Shakers – July 18th, 2021', 'Bitcoin , BTC to USD, rose by 0.42% on Saturday. Partially reversing a 1.46% fall from Friday, Bitcoin ended the day at $31,560.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $31,210.0 before making a move. Steering clear of the first major support level at $30,891, however, Bitcoin rallied to a late morning intraday high $32,000.0. Falling short of the first major resistance level at $32,118, Bitcoin fell back to $31,300 levels and into the red. Finding support through the 2 nd half of the day, however, Bitcoin revisited $31,900 levels before easing back. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 and Polkadot rose by 1.89% and by 1.73% respectively to lead the way. Chainlink (+0.59%), Cardano’s ADA (+0.10%), and Ethereum (+1.20%) also joined Bitcoin in positive territory. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV slid by 4.28% to lead the way down. Binance Coin (-0.83%), Litecoin (-0.57%), and Ripple’s XRP (-1.59%) also saw red. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,282bn. Bitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.27%. This Morning At the time of writing, Bitcoin was up by 0.26% to $31,641.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,514.0 before rising to a high $31,649.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.97% to buck the trend at the start of the day. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Chainlink was up by 0.87% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $31,590 pivot to bring the first major resistance level at $31,970 into play. Support from the broader market would be needed for Bitcoin to break back through to $31,900 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $32,000.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,000 before any pullback. The second major resistance level sits at $32,380. A fall back through the $31,590 pivot would bring the first major support level at $31,180 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,800 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling S&P 500 Weekly Price Forecast – S&P 500 Continues to Sit Sideways Crude Oil Weekly Price Forecast – Crude Oil Markets Have Tough Week Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021 The Crypto Daily – Movers and Shakers – July 18th, 2021', 'Singapore, Singapore--(Newsfile Corp. - July 17, 2021) - Recently, the world-renowned cryptocurrency exchange Bitdogex has upgraded the security core of its entire web platform, from web to app, to ensure "bank-grade" security for global user transactions.\nDownload APP, you will be able to easily at any time, anywhere trading global mainstream, pop digital assets.\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/7987/90552_1edb1f93d47b7b1b_001full.jpg\nBitdogex is headquartered in the Asian financial center of Singapore and is the world\'s leading new-generation cryptocurrency exchange. It is issued by the Monetary Authority of Singapore (MAS), the FinCEN Financial Crime Enforcement Bureau (MSB) of the United States and the Canadian FINTRAC Monetary Authority (MSB).\nAs a world-renowned leader in the blockchain industry, its digital asset trading platform is one of the service providers with a large number of global compliance licenses, and has offices in Asia Pacific, Europe, America and the Middle East or top financial institutions from all over the world expert. Bitdogex has the world\'s top security risk control system. Technical talents are gathered in the headquarters, and the total number of employees worldwide exceeds 1,000.\nBitdogex is committed to establishing a global ecological layout, with blockchain basic services as the core, and establishing a blockchain industry ecosystem integrating technology research and development, digital asset research, free capital investment, and information. The servers all adopt a professional distributed architecture and anti-DDOS attack system. Real-time trading technology at the microsecond level is implemented in the transaction. The order processing speed of the trading system reaches one million orders per second, which is hundreds of times faster than most competitive products. It supports more than 100 million simultaneous online users.\nThe platform mainly provides multiple derivatives trading objects such as BTC, ETH, LTC, BCH, XRP, EOS, etc., and provides legal currency over-the-counter transactions and currency-to-currency transactions. It uses a variety of types such as a brand-new and original full-warehouse trading system.\nBitdogex always adheres to the principle of user first, adhering to the service concept of fairness, openness and justice, and provides investors with a comprehensive service system. Bitdogex believes in the core ideas of Bitcoin and blockchain, and believes that distributed ledger and smart contract technology will build the foundation of human trust, eliminate transaction barriers, improve transaction efficiency, and have a significant impact on the real economy of mankind. Therefore, Bitdogex gave up many choices and devoted itself to the wave of the blockchain revolution wholeheartedly, hoping that something can be done for the world.\nMedia ContactContact: Yu ChenCompany Name: BitdogexWebsite:https://www.bitdogex.comEmail:[email protected]\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/90552', 'Singapore, Singapore--(Newsfile Corp. - July 17, 2021) - Recently, the wor **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: 2021-07-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,003,499,959 - Hash Rate: 97872242.0886884 - Transaction Count: 161122.0 - Unique Addresses: 422214.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.19 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: CME Group Inc. CME will unveil cash-settled Bloomberg Short-Term Bank Yield Index (BSBY)-based interest rate futures, which will be available for trading purpose in the third quarter of 2021. The security exchange will also introduce over-the-counter (OTC) cleared BSBY swaps in the fourth quarter. BSBY is a proprietary index, which can be used as a supplement to SOFR (secured overnight financing rate published by the Federal Reserve Bank of New York) in the lending market. It offers an array of credit sensitive reference rates to allow the banks in managing the spread between their funding costs and the interest earned on loans. These new launches will be an addition to the prevailing short-term interest rate futures as well as Term SOFR index products. Moreover, they will furnish the global market participants with a wide range of capital-efficient risk management tools that will assist them in the management of interest rate exposures. CME Group remains focused on driving growth and customer acquisition by expanding, innovating and scaling up its core offerings, and increasing participation from non-U.S. customers. This is achieved by expansion of its global sales team, cross-selling of products, expansion of the existing benchmark products, product and service launch and deepening of open interest in core futures and options offerings. As per its strategic initiatives, CME Group has undertaken various product launches. The company launched the Used Cooking Oil Methyl Ester (UCOME) futures contracts to support the transition to a greener energy market for transportation fuels, Pork Cutout futures and options to boost its leading agricultural benchmarks. Also, recently it launched Micro WTI futures to enhance its robust suite of energy futures and options. CME Group focuses on maximizing futures and options growth globally, diversifying business and revenues, and delivering unparalleled customer efficiencies and operational excellence. Shares of this largest futures exchange in the world in terms of trading volume as well as notional value traded has rallied 19.4% in the year-to-date period, outperforming the industry’s increase of 7.1%. Moreover, the company’s policy to ramp up its growth profile and capital position should drive shares higher. Story continues The stock carries a Zacks Rank #3 (Hold) currently. Stocks That Warrant a Look Some better-ranked stocks from the finance sector are OTC Markets Group Inc. OTCM, Nasdaq NDAQ and Virtu Financial, Inc. VIRT, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Earnings of OTC Markets surpassed estimates in each of the last four quarters, with the average earnings beat being 33.47%. Nasdaq surpassed bottom-line estimates in each of the last four quarters, with the average earnings beat being 8.30%. Virtu Financial surpassed estimates in each of the last four quarters, with the average earnings beat being 30.04%. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency have sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 CME Group Inc. (CME) : Free Stock Analysis Report Nasdaq, Inc. (NDAQ) : Free Stock Analysis Report Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report OTC Markets Group Inc. (OTCM) : Free Stock Analysis Report To read this article on Zacks.com click here.... - Reddit Posts (Sample): [['u/ShotBot', 'About Jack Dorsey building a Bitcoin "defi" platform. How would it work? Is it competition for Ethereum?', 76, '2021-07-18 00:05', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/', " \n\nBitcoin doesn't have ERC20 tokens or a programming language like Solidity, so the backend isn't going to be the same as ETH defi. However, I do believe you can create decentralized financial applications for bitcoin that on the frontend function the same for the users as ETH defi. It's going to be engineered with a different design philosophy and more centralized/decentralized in some areas, but accomplish the same goal for the user.\n\nAs we know, the weak point of Ethereum right now is the network fees, and I think Jack Dorsey is trying to hit Ethereum where it hurts. With the lightning network bitcoin fees are reduced to near 0. Another weak point for Ethereum Defi is user interface. If Jack Dorsey can build a platform with a more friendly and easy user experience, I could imagine Bitcoin Defi stealing some of Ethereum's thunder.", 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/', 'omdt4r', [['u/GeneralZex', 16, '2021-07-18 00:30', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5kar9v/', 'There is already RootStock. And now there is also Stacks, but that sounds an awful lot like a shitcoin using Bitcoin for a small aspect of it to lay claim to “being powered by Bitcoin”. \n\nThat said I think taking advantage of the Lightning network for such (somehow) would be a good way to give it real legitimacy.', 'omdt4r'], ['u/shiroyashadanna', 12, '2021-07-18 00:57', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5kdt2c/', 'No, Ethereum weak point is NOT the network fees, it’s the core design that is full of conflicts, especially with PoS.', 'omdt4r'], ['u/JSchuler99', 10, '2021-07-18 04:31', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5l2b06/', 'Somehow = RGB', 'omdt4r'], ['u/n8dahwgg', 11, '2021-07-18 14:14', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5mffn2/', 'Pretty dissimilar anology to be frank.', 'omdt4r']]], ['u/tripping_yarns', 'How I Sleep At Night - Staking and Compound Gains', 45, '2021-07-18 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/', "Everybody knows the cliches, 'don't invest more than you can afford to lose', 'always DCA' and 'crypto is a long term investment'. And sticking to these should serve you well, but I'd just like to add another viewpoint that keeps me calm in unsettled markets.\n\nPretty soon, all of my Crypto, Bitcoin included will be earning a yield. Regardless of fluctuating prices the yield keeps coming in and is reinvested to benefit from the effect of compounding. \n\nFor example: I buy £1000 of coin X at £1 each, the yield is 7%. Using the rule of 72, (72/7 = 10.28) in just over ten years the principal has doubled, so I now have 2000 coins. That's a good return even if the price doesn't move at all (increased compounding frequency can shave some time off this figure).\n\nCompared to a bank savings account, if you cashed in your yield you would be getting £70pa. But what if the price drops by 50%? Your cashed out yield is worth £35. Still a 3.5% return on investment. Conversely, if the price doubles you are effectively getting 14% on your investment.\n\nWhen you add in a DCA approach and fluctuating prices the returns accelerate. If you spend the same £1000 after a 50% drop you now have 3000 coins. Once the coin returns to £1 your return is now 10.5%.\n\nI know there is lots of Lambo talk, but my approach is to never sell. I'll buy a Lambo when I can afford it out of the yield.\n\nIt can be stressful and euphoric watching the markets go up, down or crab. But if you know that all the time your capital is earning and compounding makes the journey far easier. Especially if you are indeed treating it like non-sexy long term savings.\n\nI also think diversification is key. You should also have a pension, index tracker and emergency cash (which you can now get a good return on via Nexo etc) as well as a diversification in coins.\n\nWith the Crypto cards on offer you can also earn as you spend, effectively increasing your portfolio.\n\nI sincerely believe that Crypto has passed the point of no return and that the probability of all of it going to zero is sub 1%.\n\nSo relax, zoom out, DCA whatever you can afford, stake, and let compounding work its magic. Your future self will thank you.", 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/', 'ome1ne', [['u/astockstonk', 12, '2021-07-18 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/h5k9xjs/', 'Compound interest is an incredible thing. \n\nPeople can double their stake over the years just by holding and letting compound interest do its thing. \n\nA nice way to have a DCA into your staking coins without any more fiat needed.', 'ome1ne'], ['u/CaptainWelfare', 10, '2021-07-18 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/h5kb2v0/', 'Important reminder: it’s dangerously devil-May-care to assume compound interest of 10 years in a market that is for all intents and purposes 10 years old.', 'ome1ne']]], ['u/halfpakihalffili', 'Bought my first bitcoin today!', 264, '2021-07-18 00:56', 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/', "It's only $60 worth and took $12 to do a bank transfer through binance (as I don't have a credit card) but it's worth the experiment!! Any advice on how to transfer fiat cheaply without a credit card? I live in Saudi Arabia so I can't follow most of the advice given here.", 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/', 'omemko', [['u/bitusher', 23, '2021-07-18 01:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/h5keczn/', 'Binance has extremely high withdrawal fees of 0.0005 BTC but if you buy very large amounts it could make sense to use\n\nOther exchanges popular in Saudi Arabia are\n\nhttps://www.rain.bh/\n\nhttps://bitoasis.net/\n\nhttps://www.coinmama.com/\n\nthat might be better for small amounts', 'omemko'], ['u/bwz3r', 47, '2021-07-18 04:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/h5kzz3q/', "Jeez $12 to buy $60 btc that's outrageous.", 'omemko']]], ['u/simmeredToasT', '** Tosses Red Meat Into A Pool of Piranhas', 31, '2021-07-18 01:13', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/', "[Sploosh! 🥩](https://bitcoinmagazine.com/culture/stop-trying-to-understand-bitcoin)\n\nWhat's your favorite new enlightenment?", 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/', 'omewil', [['u/simmeredToasT', 17, '2021-07-18 01:16', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5kftwz/', '>Plus, the earlier you get involved in Bitcoin and recognize that it could have value for you, the more you stand to gain as others come to realize the value Bitcoin can bring to their lives. \n> \n>The moment Bitcoin “clicks” will be the moment you look at its properties in context of what you need. The simplest, one sentence description of Bitcoin is often enough to do this: \n> \n>Bitcoin is an asset with a fixed, predictable supply that can be transported anywhere in the world in seconds and securely stored in your own brain. \n> \n>I’m not going to explain how any of that works, because frankly, you don’t need to know.\n\nVery much does **not** sound like a cult, amirite?', 'omewil'], ['u/TheAnalogKoala', 27, '2021-07-18 02:23', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5kneed/', 'I enjoy when an article has rhetorical questions assuming I don’t understand how a phone or internet works, when in fact I do. \n\nI also understand Bitcoin, which is why I know it’s doomed.', 'omewil'], ['u/sirkowski', 38, '2021-07-18 03:27', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5kuom7/', ">We often utilize complicated systems without understanding them, and this should be no different for Bitcoin.\n\nThis is dumb on so many levels I wouldn't know where to start.", 'omewil'], ['u/Bullywug', 36, '2021-07-18 05:19', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5l7uwf/', '>Do you understand how the words on your screen were delivered to your device?\n\n>Do you know how TCP/IP or HTML work?\n\n>Do you know what those acronyms mean?\n\n>Do you know how the computer you’re holding converts bits of information into the photons reaching your eyes?\n\nYes?', 'omewil'], ['u/DjangoWexler', 19, '2021-07-18 05:26', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5l8n0k/', 'Also there\'s a difference between *using* something and *investing* in it. I can play games on an xBox without taking an equity stake in Microsoft.\n\nNote how the pitch is never "and therefore you should use Bitcoin for its practical applications" (because of course there aren\'t any) but rather "and therefore you should buy it and wait for number to go up".', 'omewil'], ['u/greengenerosity', 19, '2021-07-18 07:41', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5lm3lh/', "It is more that the person writing the article set a extremely high bar for what counts to actually understandi... 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 0.83% on Sunday. Following a 0.42% gain on Saturday, Bitcoin ended the week down by 7.09% to $31,820.0.\nA bullish start to the day saw Bitcoin rally to an early morning intraday high $32,453.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $31,970 and the second major resistance level at $32,380.\nThe reversal, however, saw Bitcoin slide to an early afternoon intraday low $31,111.0.\nBitcoin fell through the first major support level at $31,180 before briefly revisiting $31,900 levels.\nComing up against resistance at $32,000, Bitcoin eased back to end the day at $31,800 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nCrypto.com Coinfell by 1.50% to lead the way down.\nLitecoin(-0.76%) andEthereum(-0.44%) also bucked the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash SVrallied by 5.82% to lead the way, with Polkadot rising by 2.12%.\nBinance Coin(+0.53%),Cardano’s ADA(+0.76%),Chainlink(+0.97%), andRipple’s XRP(+0.73%) also found support.\nIt was a bearish week for the majors, however.\nChainlink (-15.58%) led the way down, with Cardano’s ADA (-12.39%), Polkadot (-11.96%), Crypto.com Coin (-11.94%), Ethereum (-11.67%), and Litecoin (-11.27%) also seeing heavy losses.\nBinance Coin (-6.14%), Bitcoin Cash SV (-4.39%), and Ripple’s XRP (-7.49%) saw relatively modest losses, however.\nIn the week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,285bn.\nBitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.38%.\nAt the time of writing, Bitcoin was down by 0.04% to $31,806.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,720.0 before rising to a high $31,921.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCardano’s ADA and Ripple’s XRP saw early losses of 0.10% and 0.09% respectively to join Bitcoin in the red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 0.40% to lead the pack.\nBitcoin would need to avoid a fall back through the $31,794 pivot to bring the first major resistance level at $32,478 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $32,400 levels.\nBarring a broad-based crypto rally, the first major resistance level and Sunday’s high $32,453.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,137.\nA fall back through the $31,795 pivot would bring the first major support level at $31,136 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,453 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 19th, 2021\n• What You Need to Know about SPACs – Wall Street’s Hottest Trend\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 19th, 2021\n• Dogecoin – Daily Tech Analysis – July 19th, 2021\n• U.S Mortgage Rates Fall for a Third Week as COVID-19 Delivers Uncertainty\n• Earnings to Watch Next Week: IBM, Netflix, Coca-Cola, Twitter, Intel and American Express in Focus', 'Bitcoin , BTC to USD, rose by 0.83% on Sunday. Following a 0.42% gain on Saturday, Bitcoin ended the week down by 7.09% to $31,820.0. A bullish start to the day saw Bitcoin rally to an early morning intraday high $32,453.0 before hitting reverse. Bitcoin broke through the first major resistance level at $31,970 and the second major resistance level at $32,380. The reversal, however, saw Bitcoin slide to an early afternoon intraday low $31,111.0. Bitcoin fell through the first major support level at $31,180 before briefly revisiting $31,900 levels. Coming up against resistance at $32,000, Bitcoin eased back to end the day at $31,800 levels. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 1.50% to lead the way down. Litecoin (-0.76%) and Ethereum (-0.44%) also bucked the trend on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash SV rallied by 5.82% to lead the way, with Polkadot rising by 2.12%. Binance Coin (+0.53%), Cardano’s ADA (+0.76%), Chainlink (+0.97%), and Ripple’s XRP (+0.73%) also found support. It was a bearish week for the majors, however. Chainlink (-15.58%) led the way down, with Cardano’s ADA (-12.39%), Polkadot (-11.96%), Crypto.com Coin (-11.94%), Ethereum (-11.67%), and Litecoin (-11.27%) also seeing heavy losses. Binance Coin (-6.14%), Bitcoin Cash SV (-4.39%), and Ripple’s XRP (-7.49%) saw relatively modest losses, however. In the week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,285bn. Bitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.38%. Story continues This Morning At the time of writing, Bitcoin was down by 0.04% to $31,806.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,720.0 before rising to a high $31,921.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA and Ripple’s XRP saw early losses of 0.10% and 0.09% respectively to join Bitcoin in the red. It was a bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 0.40% to lead the pack. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $31,794 pivot to bring the first major resistance level at $32,478 into play. Support from the broader market would be needed for Bitcoin to break back through to $32,400 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $32,453.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,137. A fall back through the $31,795 pivot would bring the first major support level at $31,136 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,453 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 19th, 2021 What You Need to Know about SPACs – Wall Street’s Hottest Trend Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 19th, 2021 Dogecoin – Daily Tech Analysis – July 19th, 2021 U.S Mortgage Rates Fall for a Third Week as COVID-19 Delivers Uncertainty Earnings to Watch Next Week: IBM, Netflix, Coca-Cola, Twitter, Intel and American Express in Focus', 'Earlier in the Day: It was a particularly quiet start to the day on the economic calendar this morning. There were no material stats to provide the majors with direction in the early hours. The lack of stats left the markets to consider COVID-19 news updates from the weekend and plans to combat the pandemic. For the Majors At the time of writing, the Japanese Yen was up by 0.18% to ¥109.870 against the U.S Dollar, while the Aussie Dollar was down by 0.24% to $0.7383. The Kiwi Dollar was down by 0.17% to $0.6987. The Day Ahead For the EUR It’s a quiet day ahead on the economic data front. There are no material stats to provide the EUR with direction. The lack of stats will leave the EUR in the hands of COVID-19 news updates, as the Delta variant continues to push new cases northwards. At the time of writing, the EUR was flat at $1.1806. For the Pound It’s also a quiet day ahead on the economic calendar , with no major stats from the UK to consider later today. On the monetary policy front, BoE member Haskel is due to speak late in the day. Expect any views on the economic outlook, COVID-19, or monetary policy to influence. Away from the economic calendar, COVID-19 news updates will also need monitoring. Any announcement by the UK government to delay removing existing restrictions would test support for the Pound. At the time of writing, the Pound was down by 0.05% to $1.3760. Across the Pond It’s a particularly quiet day ahead on the economic calendar . There are no major stats to provide the Dollar and the broader markets with direction later in the day. The lack of stats will leave the Dollar in the hands of FOMC member chatter and COVID-19 news. At the time of writing, the Dollar Spot Index was up by 0.02% to 92.705. For the Loonie It’s also quiet day ahead on the economic data front. There are no material stats to provide the Loonie with direction. A lack of stats will leave market risk sentiment as the key driver on the day. At the time of writing, the Loonie was down by 0.11% to C$1.2627 against the U.S Dollar. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and Ethereum – Weekly Technical Analysis – July 19th, 2021 A Quiet Economic Calendar Leaves Central Bank Chatter and COVID-19 i **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: 2021-07-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $588,071,138,988 - Hash Rate: 115543619.13247934 - Transaction Count: 226803.0 - Unique Addresses: 552678.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Goldman Sachs Chief Economist Jan Hatzius thinks it will be some time before the Federal Reserve creates a digital currency to compete with the dollar, but it's likely to happen. "The Fed I think partly because of the pre-eminent international role of the dollar is going to be slower than other central banks in introducing a digital currency. And there are quite a number of central banks globally that are hedged at this point and the Fed is still in the research stage. But ultimately, I think there is an appetite for introducing a digital currency," Hatzius said on Yahoo Finance Live . "I think we will move cautiously because there is no appetite on the part of the Fed or other central banks to really potentially undermine the current payment system and financial system. Fed chief Jerome Powell is fresh off showing his hand a bit on the future for a digital currency, lending support to Hatzius' outlook. Powell said in a presentation last week the governing body would continue its work on a digital dollar . “The effective functioning of our economy requires that people have faith and confidence not only in the dollar, but also in the payment networks, banks, and other payment service providers that allow money to flow on a daily basis,” Powell said . “Our focus is on ensuring a safe and efficient payment system that provides broad benefits to American households and businesses while also embracing innovation.” At the moment, crypto traders aren't liking talk of competition from the Fed and fears of greater regulation out China . Bitcoin prices were under massive pressure on Sunday, plunging more than 15% by afternoon trading. At $32,652, bitcoin prices have crashed about 50% from their mid-April peak of $64,829. Ether nosedived another 18% on Sunday, bringing its drop from an all-time high this month to roughly 60%. Early Monday morning, crypto recovered . Ultimately, Hatzius doesn't think a digital currency from the Fed would create major risks to the financial system. That's provided the Fed takes its time on its research on digital currencies and how they would fit into the financial system. Story continues "I think small steps are not likely to be very disruptive [to the financial system]. Large steps could be disruptive. That's why I think you need to move slowly, and gain a lot more experience before you ramp it up," Hatzius said. 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: AMD CEO: the semiconductor shortage will take time to correct Kansas City Chiefs phenom Patrick Mahomes: I am trying to build a business empire Foot Locker CEO: this is what our future holds Intel CEO: here is when the chip shortage may end Coca-Cola CEO: our business is rounding the corner from the pandemic PGA Tour star Rickie Fowler: why I am bullish on this new $40 million bonus pool 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 , and LinkedIn.... - Reddit Posts (Sample): [['u/coconut_steak', 'New BlockFi credit card looks and feels cheap?', 51, '2021-07-19 01:24', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/', "I am lucky enough to have received the BlockFi credit card early access group as many of you have. But after receiving the card I was immediately unimpressed by how it looked and felt. \n\nThis is in contrast to all of my other credit and debit cards. For instance, I have the crypto dot com debit card, and if you've ever held one of those you can feel a real weight and solid construction of the metal material. People love to talk about how it just feels premium. \n\nBut when I showed my girlfriend the new BlockFi card she said that it seems cheap looking and feeling. Also, when I used it my first time, the cashier swiped it in the card reader, and from the very first swipe, it scratched the card with many lines. The card is light and the black color looks cheap and thin. I'm also surprised that the card is making the Bitcoin logo look so cheap. \n\nDoes anyone else get this impression from the card? Do I just have an early access card that is different than the actual card releasing later?", 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/', 'on1ynp', [['u/BeefromtheSea', 28, '2021-07-19 01:31', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5ovyuq/', 'I have also been spoiled by metallic cards. All others feel so cheap now. :-(', 'on1ynp'], ['u/Rich-Practice778', 16, '2021-07-19 01:35', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5owhmb/', 'Me too 😅. I love my Amazon Metal Visa card.', 'on1ynp'], ['u/Upstairs_Answer8740', 22, '2021-07-19 01:45', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5oxq8l/', 'This card just has a metal slug to add weight. I was a bit let down when I received it too. It’s also not tap to pay which is unfortunate. The rewards are fun at least lol. I hope they do change the design of this card to be fully metal in the center.', 'on1ynp'], ['u/Coinninlingus17', 28, '2021-07-19 03:21', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5p9h6v/', "It's a credit card, relax. 🤣", 'on1ynp'], ['u/the_man_inside_you', 17, '2021-07-19 03:50', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5pcvd1/', "I have a couple metal cards. I don't understand why they are so fetishized. They are a pain in the ass to shred, the metal always splits off the card, the touch to pay doesn't seem to work as well, and the magnetic reader part always seems to wear out faster than the plastic ones. Maybe I'm just getting old but I'd rather just have a plastic card as it has none of the down sides I've just listed. But to each their own I suppose.", 'on1ynp']]], ['u/craigbarrettesquire', 'MY THOUGHTS ON THE CELSIUS NETWORK', 61, '2021-07-19 01:39', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/', 'I have been testing the CelsiusNetwork for a few months now. I evaluate a platform like Celsius by a few factors: 1) how easily and quickly I can transfer my crypto from the platform to my cold wallet; 2) the reasonableness of the fees; 3) the benefit inherent to the platform (i.e., interest rates/loan access) in exchange for having my crypto on the platform; and, 4) the ease of use. Based on the multiple transactions I have executed on the Celsius platform, I will say that they do extremely well based on my evaluation criteria and outperform many of their competitors in the market--who I will not name. I have had no issues with withdrawing crypto and sending to my cold wallet. The Celsius network has covered withdrawal fees, which is a huge plus. Additionally, The interest rates on eth (5,35%), btc (6,2%), and usdc (8.8% at the time of this writing) are among the highest in the industry. Furthermore, the access to collateralized loans are quick and easy and just as easy to navigate should you decide to cancel the loan application. These financial options are truly creating an environment where banking no longer requires one to be dependent upon legacy institutions that offer little to individual in terms of value. the downside however is this: On boarding crypto from your bank account can be cumbersome, as there does not seem to be a direct way to do an ACH transfer from your bank. Thus it requires onboarding, for example, USDC from a centralized exchange and then transferring that crypto from the exchange wallet to your Celsius wallet. Although cumbersome, it may be preferred to purchasing crypto using a credit card, which may incur fees as high as 3.5%. In all, I think Celsius is a great tool especially in a down or bear market. You can earn impressive interest rates in your deposited crypto to mitigate interim loss of value; and you get paid in the percentage of the crypto deposited therefore earning more crypto in advance of a bull run; or you can borrow against your crypto in the downturn to "buy the dip" at an extremely low interest rate (1% if your LTV is 25%)--all the while not selling your crypto at a loss. In the end you are in control and can create your own strategy tat best suites your needs and risk tolerance. (THIS IS NOT FINANCIAL ADVICE BUT MERELY AN OBSERVATION OF THE PLETHORA OF BENEFITS OF THE CELSIUS NETWORK.)', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/', 'on27lq', [['u/EricoS1970', 20, '2021-07-19 01:41', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/h5ox7wm/', 'My experience is also positive.', 'on27lq'], ['u/PolarBearToeNails99', 16, '2021-07-19 03:26', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/h5pa2ee/', 'I agree. I’ve had zero issues with Celsius. I’ll keep my supported crypto assets there as long as their service stays top-notch.', 'on27lq'], ['u/irngynt', 10, '2021-07-19 03:53', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/h5pdbf8/', 'Dipped my toe in last week. So far so good. Plan on adding more.', 'on27lq']]], ['u/MuchachoMunch', 'To the guy who said "We\'re still early because we have no Bitcoin Rule 34 art yet!" I have some bad news pal (Imgur Link)', 77, '2021-07-19 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/', '[sorta nsfw](https://imgur.com/a/sh1x6DK)\n\nThis honestly made me laugh a little too hard (I think I found it in a mental outlaw video) Its called the waifu project and you can buy sell and trade anime girls. They have them for ETH, BTC, XMR and anything you can think of really. Rule 34 stays true and since BTC is real so is its \\*ahem\\* content.', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/', 'on2a5x', [['u/DegreeBroad2250', 24, '2021-07-19 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/h5oxoz4/', 'What about anime boys?we girls are offended!!', 'on2a5x'], ['u/MuchachoMunch', 13, '2021-07-19 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/h5oxzx8/', 'Lol try and get in contact with the waifu project', 'on2a5x']]], ['u/Killakoch', 'Where to store Bitcoin that I acquire slowly?', 12, '2021-07-19 02:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/on2tdd/where_to_store_bitcoin_that_i_acquire_slowly/', "Hello, \n\nI plan to start purchasing a small amount of bitcoin on a set schedule. I live in NY so my only option is Coinbase pro. Considering how much it costs to transfer BTC, where should I store my bitcoins? I'm trying to avoid spending money on excess and unnecessary fees.\n\nIs leaving them on coinbase or coinbase pro a safe option for long term hodling? Should I send them to a cold storage when it reaches a certain amount, or just bite the fees and send it on a monthly basis?\n\nAll opinions appreciated.", 'https://www.reddit.com/r/BitcoinBeginners/comments/on2tdd/where_to_store_bitcoin_that_i_acquire_slowly/', 'on2tdd', [['u/TheGreatMuffin', 16, '2021-07-19 04:20', 'https://www.reddit.com/r/BitcoinBeginners/comments/on2tdd/where_to_store_bitcoin_that_i_acquire_slowly/h5pgdxv/', "> Is leaving them on coinbase or coinbase pro a safe option for long term hodling? \n\nImagine you are going to a shop to buy some food and after you're done, you leave your wallet at the cashier, so you don't have to take it back home and bring again the next time you go to the same shop. It's a bit more convenient, cause you don't have to think about it when going to the shop again, you never can forget it at home and you don't need to carry the extra weight on your way. \n\nBut is the convenience really worth it? What if the store gets robbed? Your money will be gone. What if new regulations require the cashier to ask for an ID every time you want to get some money out of your wallet? What is the cashier suspects you of some fraud? What if they simply feel like stealing your money? Are you ok with those risks for the tiny bit of increased convenience? \n\nWell, the honest answer is: it's up to you. It's your money after all. But there are also [some more arguments](https://old.reddit.com/r/BitcoinBeginners/comments/ghd9fu/downsides_of_keeping_bitcoin_on_trading_app/fq87ri9/) why you should not store your coins on an exchange. \n\nYou can choose a wallet here: https://www.lopp.net/bitcoin-information/recommended-wallets.html \n\nor here: https://bitcoin.org/en/choose-your-wallet \n\nStorage best practices: https://bitcoin-intro.com/en/backup", 'on2tdd']]], ['u/Selphwraith_Fallen', 'Sell ... 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:** ['Miami, FL, July 19, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Ledger and KEY Difference Media (KDM) , two companies dedicated to the propagation and multidimensional use of blockchain technology and all its existing and future applications as part of the 4th industrial revolution are working together to promote Ledger’s School of Block. KEY Difference Media is a blockchain full suite marketing agency with an impressive 15 years track record within the content marketing space and prominent blockchain player since 2013. KEY Difference Media has worked with the earliest of the gaming companies that incorporated Bitcoin as a payment option to the earliest of exchanges, token sales, NFTs and multiverses. As a 350+ experts team, KEY Difference Media offers advisory, content marketing, influencer marketing, and public relations, among many other services. Ledger is a reputable blockchain security and infrastructure solution provider launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship. They provide hardware and software wallets with tamper-proof chips to help users safeguard digital assets and protect them against malicious attacks. Both KEY Difference Media and Ledger have been around in the blockchain industry long enough to acknowledge that the proper knowledge is not readily accessible for novices or experts alike in this space. That is why they have come together to promote the latest brainchild of the Ledger company, School of Block. “School of Block is a Blockchain education initiative that aims to bring the fundamentals of Blockchain technology and the opportunities that abound within the space to everyone, no matter their previous level of education. School of Block fills a void that desperately needs to be filled. Before this, blockchain education was boring, overwhelming, and uninspiring, with many technical terms being thrown around until the students became effectively bamboozled.” - Karnika E. Yashwant (Mr. KEY) , CEO, KEY Difference Media . Story continues This dearth of valuable and dynamic education inspired Ledger to roll out its School of Block academy. Some of the quality that School of Block provides include - The lectures are delivered in short bursts so that students can complete each lecture at once. The lessons are fun with many graphical and real-life applications to bring the point closer to home. Verifiable information sourced from the most trustworthy origins to prevent students from getting thrown around by conflicting opinions. Equipping students to be self-sufficient learners and followers of the Blockchain, instead of being spoon-fed all their lives without any independence of thought or curiosity. To learn more about KEY Difference Media, their process and success, click here . Contact: Foivos Floros KEY Difference Media [email protected]', 'Miami, FL, July 19, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Ledger and KEY Difference Media (KDM) , two companies dedicated to the propagation and multidimensional use of blockchain technology and all its existing and future applications as part of the 4th industrial revolution are working together to promote Ledger’s School of Block. KEY Difference Media is a blockchain full suite marketing agency with an impressive 15 years track record within the content marketing space and prominent blockchain player since 2013. KEY Difference Media has worked with the earliest of the gaming companies that incorporated Bitcoin as a payment option to the earliest of exchanges, token sales, NFTs and multiverses. As a 350+ experts team, KEY Difference Media offers advisory, content marketing, influencer marketing, and public relations, among many other services. Ledger is a reputable blockchain security and infrastructure solution provider launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship. They provide hardware and software wallets with tamper-proof chips to help users safeguard digital assets and protect them against malicious attacks. Both KEY Difference Media and Ledger have been around in the blockchain industry long enough to acknowledge that the proper knowledge is not readily accessible for novices or experts alike in this space. That is why they have come together to promote the latest brainchild of the Ledger company, School of Block. “School of Block is a Blockchain education initiative that aims to bring the fundamentals of Blockchain technology and the opportunities that abound within the space to everyone, no matter their previous level of education. School of Block fills a void that desperately needs to be filled. Before this, blockchain education was boring, overwhelming, and uninspiring, with many technical terms being thrown around until the students became effectively bamboozled.” - Karnika E. Yashwant (Mr. KEY) , CEO, KEY Difference Media . Story continues This dearth of valuable and dynamic education inspired Ledger to roll out its School of Block academy. Some of the quality that School of Block provides include - The lectures are delivered in short bursts so that students can complete each lecture at once. The lessons are fun with many graphical and real-life applications to bring the point closer to home. Verifiable information sourced from the most trustworthy origins to prevent students from getting thrown around by conflicting opinions. Equipping students to be self-sufficient learners and followers of the Blockchain, instead of being spoon-fed all their lives without any independence of thought or curiosity. To learn more about KEY Difference Media, their process and success, click here . Contact: Foivos Floros KEY Difference Media [email protected]', 'Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at press time and is down about 5% over the past week. Bitcoin has been locked in the broad price range of $30,000 to $40,000 since mid-May, and briefly broke below the $30,000 mark on June 22 . The cryptocurrency fleetingly traded at $29,700 a day after the People\x92s Bank of China ordered the country\x92s major financial institutions to stop facilitating crypto transactions. Related: Ether Falls Toward $1.7K as Bitcoin’s Price Drop Weighs on Broader Market \x93I am expecting a strong dip towards $22K,\x94 said Patrick Heusser, head of trading at Crypto Finance AG, in a telegram interview on Monday. Wall Street is seeing \x93too much froth\x94 and current virus jitters are triggering widespread panic selling of every top performing asset, with bitcoin being right at the top of this list, according to Edward Moya, senior market analyst at Oanda. Moya said that bitcoin could be vulnerable to a flash crash towards the $20,000 level which \x93should attract many institutional buyers that have been waiting patiently on the sidelines,\x94 \x93If the stock market selloff intensifies, bitcoin and Ethereum will easily extend their declines,\x94 said Moya. Related: Bitcoin Struggles Below $30K; Next Support at $27K Katie Stockton, founder and managing partner of Fairlead Strategies, said that the consolidation phase bitcoin is currently experiencing is \x93neutral.\x94 But in her view, she said, \x93a breakout is more likely than a breakdown.\x94 In April, the bitcoin network was \x93so vibrant, it wasn\x92t difficult supporting prices above $50K,\x94 said Charles Morris, founder of ByteTree Asset Management. However, in recent weeks, Morris said, the level of network activity has collapsed. Story continues \x93Now it is more in keeping with a $15K bitcoin price than a $50K,\x94 he said. Bitcoin peaked just below $65,000 in mid-April. Related Stories Market Wrap: Sentiment Away From Risk Sends Bitcoin Toward $30K Bitcoin Miner Iris Energy Aims to Raise $200M in Funding Before Nasdaq Listing: Report', 'Bitcoindropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines.\nThe cryptocurrency was trading around $29,998 at press time and is down about 5% over the past week.\nBitcoin has been locked in the broad price range of $30,000 to $40,000 sincemid-May,and briefly broke below the $30,000 mark onJune 22. The cryptocurrency fleetingly traded at $29,700 a day after the People’s Bank of Chinaorderedthe country’s major financial institutions to stop facilitating crypto transactions.\nRelated:Ether Falls Toward $1.7K as Bitcoin’s Price Drop Weighs on Broader Market\n“I am expecting a strong dip towards $22K,” said Patrick Heusser, head of trading at Crypto Finance AG, in a telegram interview on Monday.\nWall Street is seeing “too much froth” and current virus jitters are triggering widespread panic selling of every top performing asset, withbitcoinbeing right at the top of this list, according to Edward Moya, senior market analyst at Oanda.\nMoya said that bitcoin could be vulnerable to a flash crash towards the $20,000 level which “should attract many institutional buyers that have been waiting patiently on the sidelines,”\n“If the stock market selloff intensifies, bitcoin and Ethereum will easily extend their declines,” said Moya.\nRelated:Bitcoin Struggles Below $30K; Next Support at $27K\nKatie Stockton, founder and managing partner of Fairlead Strategies, said that the consolidation phase bitcoin is currently experiencing is “neutral.”\nBut in her view, she said, “a breakout is more likely than a breakdown.”\nIn April, the bitcoin network was “so vibrant, it wasn’t difficult supporting prices above $50K,” said Charles Morris, founder of ByteTree Asset Management.\nHowever, in recent weeks, Morris said, the level of network activity has collapsed.\n“Now it is more in keeping with **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: 2021-07-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $554,953,016,172 - Hash Rate: 82919538.43624988 - Transaction Count: 230509.0 - Unique Addresses: 571829.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.19 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep. Bitcoin price BTC has been increasing since bouncing above the $31,400 horizontal support area on June 22. So far, it has managed to reach a high of $36,600, doing so on June 29. The upward movement was preceded by significant bullish divergence in the MACD, RSI, and Stochastic oscillator. However, neither has a bullish reading yet. The RSI is just below 50 and the MACD signal line is still negative. Furthermore, the Stochastic oscillator has already made a bearish cross. The BTC price fell yesterday but did not create a bearish engulfing candlestick. Nevertheless, it seems to have resumed its downward movement today. The main resistance area is at $40,550. This is a horizontal resistance and the 0.382 Fib retracement level. BTC Chart By TradingView Altcoin movers The total cryptocurrency market cap has dipped back to $1.43 trillion today in a 3.7% slip. Throughout the month of June, the market cap mostly moved sideways in a range between $1.77 trillion and $1.34 trillion. The majority or cryptocurrencies in the top-100 by market cap are seeing losses on the day. Maker (MKR), currently ranked #44 is the biggest altcoin gainer of the day, up nearly 13% in the past 24 hours. MKR has also gained 14.4% in the past week. Although most altcoins are suffering small percentage losses today, Waves (WAVES) is suffering the most. WAVES is down almost 11% on the day and has fallen back to the #61 position by market cap. In other crypto news American private regulatory organization Financial Industry Regulatory Authority (FINRA) has ordered Robinhood to pay a record financial penalty for “significant harm” to customers. The Federal Bureau of Investigation (FBI) has been bolstering its systems and using stronger tactics to tackle cybercrime and the nefarious use of cryptocurrency , according to a Bloomberg report. Decentralized finance ( DeFi ) protocol Element has launched to mainnet on Ethereum completed offering higher fixed-rate yields than can be found on existing platforms.... - 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, slid by 3.42% on Tuesday. Following a 3.00% decline on Monday, Bitcoin ended the day at $29,809.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $31,079.0 before hitting reverse. Falling short of the first major resistance level at $31,695, Bitcoin slid to an early afternoon intraday low $29,313.0. Bitcoin fell through the first major support level at $30,267 and the second major support level at $29,670. Steering clear of sub-$29,000 levels, however, Bitcoin revisited $30,000 levels before falling back. The partial recovery saw Bitcoin move back through the second major support level to end the day at $29,800 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Bitcoin Cash SV tumbled by 10.75% to lead the way down. Binance Coin (-5.71%), Cardano’s ADA (-6.02%), Chainlink (-5.13%), Crypto.com Coin (-3.31%), Litecoin (-5.21%), and Ripple’s XRP (-5.22%) also ended the day in the deep red. Ethereum (-1.76%) and Polkadot (-0.98%) saw relatively modest losses on the day. Early in the week, the crypto total market rose to an early Monday high $1,299bn before falling to a Tuesday low $1,154bn. At the time of writing, the total market cap stood at $1,193bn. Bitcoin’s dominance fell to a Monday low 46.06% before rising to a Tuesday high 47.62%. At the time of writing, Bitcoin’s dominance stood at 46.76%. This Morning At the time of writing, Bitcoin was down 0.17% to $29,757.0. A mixed start to the day saw Bitcoin rise to an early morning high $29,867.0 before falling to a low $29,734.0. 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, Crypto.com Coin was down by 0.98% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $30,067 pivot to bring the first major resistance level at $30,821 into play. Support from the broader market would be needed for Bitcoin to break out from $30,500 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $31,079.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $32,000 before any pullback. The second major resistance level sits at $31,833. Failure to move through the $30,067 pivot would bring the first major support level at $29,055 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$28,000 levels. The second major support level at $28,301 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – July 21st, 2021 Costco Shares Attract Big Money Crude Oil Price Update – Posting Closing Price Reversal Bottom Ahead of API Inventories Report Dogecoin – Daily Tech Analysis –July 21st, 2021 Sam Bankman-Fried Is Changing The Game After FTX Raises A Record $900 Million EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 21st, 2021', 'Bitcoin, BTC to USD, slid by 3.42% on Tuesday. Following a 3.00% decline on Monday, Bitcoin ended the day at $29,809.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $31,079.0 before hitting reverse.\nFalling short of the first major resistance level at $31,695, Bitcoin slid to an early afternoon intraday low $29,313.0.\nBitcoin fell through the first major support level at $30,267 and the second major support level at $29,670.\nSteering clear of sub-$29,000 levels, however, Bitcoin revisited $30,000 levels before falling back.\nThe partial recovery saw Bitcoin move back through the second major support level to end the day at $29,800 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Tuesday.\nBitcoin Cash SVtumbled by 10.75% to lead the way down.\nBinance Coin(-5.71%),Cardano’s ADA(-6.02%),Chainlink(-5.13%),Crypto.com Coin(-3.31%),Litecoin(-5.21%), andRipple’s XRP(-5.22%) also ended the day in the deep red.\nEthereum(-1.76%) and Polkadot (-0.98%) saw relatively modest losses on the day.\nEarly in the week, the crypto total market rose to an early Monday high $1,299bn before falling to a Tuesday low $1,154bn. At the time of writing, the total market cap stood at $1,193bn.\nBitcoin’s dominance fell to a Monday low 46.06% before rising to a Tuesday high 47.62%. At the time of writing, Bitcoin’s dominance stood at 46.76%.\nAt the time of writing, Bitcoin was down 0.17% to $29,757.0. A mixed start to the day saw Bitcoin rise to an early morning high $29,867.0 before falling to a low $29,734.0.\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, Crypto.com Coin was down by 0.98% to lead the way down.\nBitcoin would need to move through the $30,067 pivot to bring the first major resistance level at $30,821 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $30,500 levels.\nBarring a broad-based crypto rally, the first major resistance level and Tuesday’s high $31,079.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $32,000 before any pullback. The second major resistance level sits at $31,833.\nFailure to move through the $30,067 pivot would bring the first major support level at $29,055 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$28,000 levels. The second major support level at $28,301 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – July 21st, 2021\n• Costco Shares Attract Big Money\n• Crude Oil Price Update – Posting Closing Price Reversal Bottom Ahead of API Inventories Report\n• Dogecoin – Daily Tech Analysis –July 21st, 2021\n• Sam Bankman-Fried Is Changing The Game After FTX Raises A Record $900 Million\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 21st, 2021', 'A series of burnt matches. Getty Images With a red-hot housing market, times are good for real estate professionals. Demand for second homes more than doubled during the pandemic, according to economists at the national real estate brokerage Redfin. Home prices in many metropolitan areas around the country have jumped significantly, reaching record levels. SEE MORE It May Be Unsexy, But This One Asset Class Is Critical to Any Financial Plan I witnessed the price rise first hand. I recently returned from a family vacation in the North Carolina mountains, where many homes now sell for double or triple the price compared to just a couple of years ago. As a result, anyone working in real estate has likely seen their income balloon during the last 12 to 18 months. Agents are turning listings over more rapidly, receiving strong commissions and moving on to the next deal. For real estate investors, they are seeing price tags soar and homes selling at a premium. The Danger to Real Estate Professionals With all of this cash flying around, people making their living in real estate need to take action now to diversify their assets. And this means investing in assets other than property. Failing to do so can be costly. I’ve seen this mistake before. Back in 2008 during The Great Recession, a family member of a client nearly went belly up after the real estate market crashed. She owned a real estate brokerage company and several properties. Once the recession hit, it took her more than a decade to recover financially. She had no cash or other investments outside of real estate. Facing mounting expenses, she couldn’t break even on her properties. Fortunately, she’s now making money again. Unfortunately, it’s too easy for her and others in real estate to simply reinvest their profits in what they know. But that’s not a sound strategy. SEE MORE Why the Bitcoin Craze Is Just Another Fad For older professionals nearing retirement, the importance of a diversified liquid portfolio is even greater. Having rental income is good, but consider how much equity you have tied up in these properties. You can’t buy groceries in retirement with the equity in your real estate unless you take out debt against the property, tying your hands even more. Story continues We know that real estate has its business cycles and eventually will cool off. So, now is the time for real estate pros to diversify by making these four financial moves: Set Up an Emergency Fund Since real estate is cyclical and many real estate professionals have incomes that rise and fall quickly, they should set up an emergency fund that will cover approximately 12 months of expenses. Because income for a real estate agent or investor is less predictable than many other occupations, this 12-month reserve is roughly double the amount recommended for salaried jobs. Sock Away Money in a Retirement Account Self-employed individuals or small-business owners in the real estate profession who foresee another year or two of strong profits should consider saving some of that money into a tax-deferred retirement account. This is the time to sock away thousands of dollars on a before-tax basis. At a minimum, these individuals could consider funding a 401(k) retirement plan by depositing money that allows their status as employee and employer to contribute up to $58,000 annually, or $64,500 for those 50 and over. Many types of retirement accounts exist, including solo 401(k)s, SIMPLE IRAs and SEP IRAs, so talk with a tax adviser before setting one up. Open **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: 2021-07-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $560,351,118,550 - Hash Rate: 98551910.4365265 - Transaction Count: 235680.0 - Unique Addresses: 571507.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Hain Celestial Group, Inc. HAIN has been gaining from its well-chalked transformational efforts, which includes boosting cost efficiency and portfolio strength. Moreover, the company is on track with the SKU rationalization program. These actions have kept this well-known food products company afloat, despite pandemic-led demand moderation that led to tough year-on-year comparisons. Let’s take a closer look Growth Efforts on Track Hain Celestial is progressing well with its transformation strategy to deliver sustainable profits. The strategy is aimed at simplifying portfolio, identifying additional areas of productivity savings, enhancing margins, reviving top-line growth and improving cash flow. Speaking on bolstering portfolio strength, the company is focusing on well-chalked innovations, marketing and assortment optimization efforts. In particular, the company is gaining from investments made in Get Bigger brands. During third-quarter fiscal 2021, the consumption of Get Bigger brands was up by nearly 54%, while shipments were up 8%. Moreover, strategic acquisitions have helped the company boost market share across key markets. It plans to keep looking for prudent buyout prospects, especially in core categories such as snacks. Hain Celestial is also on track with simplifying business and focus on areas with higher growth potential. By exiting smaller and non-strategic brands, the company is able to reduce supply-chain complexity and redeploy resources on strategic growth opportunities. The company’s SKU rationalization program has eliminated SKUs based on lower sales volume or weak margins. We note that gains from SKU rationalization along with supply-chain productivity initiatives and higher product mix supported growth in adjusted gross margin, during the third quarter. Apart from these, the company is boosting automation capabilities in plants to lower costs, optimize infrastructure and pricing as well as redesign engineered products. It has also been executing its simplified pricing model. Story continues Zacks Investment Research Image Source: Zacks Investment Research Wrapping Up With the roll-out of vaccines, society is gradually returning to the old normal and consumers are resuming outdoor dining. As a result of lower at-home consumption, demand trends have begun to moderate, causing tough year-over-year comparisons, as witnessed in the third quarter. Such downsides are likely to continue in the fourth quarter as well. Despite the aforementioned headwinds, we expect that the company’s prudent initiatives to boost operating efficiency will continue to serve as upsides and help it maintain strong footing in the food industry. We note that shares of this Zacks Rank #2 (Buy) company have gained 30.9% in a year compared with the industry’s rise of 22.3%. Looking for Consumer Staples Stocks? Check These Darling Ingredients Inc. DAR flaunting a Zacks Rank #1 (Strong Buy) has delivered an earnings surprise of 29.6% in the past four quarters, on average. You can see the complete list of today’s Zacks #1 Rank stocks here . Medifast, Inc. MED also with a Zacks Rank #1, has delivered an earnings surprise of 12.7% in the past four quarters, on average. Nomad Foods Limited NOMD has delivered an earnings surprise of 10.3% in the past four quarters, on average. It carries a Zacks Rank #2. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 The Hain Celestial Group, Inc. (HAIN) : Free Stock Analysis Report Darling Ingredients Inc. (DAR) : Free Stock Analysis Report MEDIFAST INC (MED) : Free Stock Analysis Report Nomad Foods Limited (NOMD) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/Extension_Car_9836', 'Is 0.1 BTC something to be proud of?', 388, '2021-07-21 00:10', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/', 'Title says it. I’ve been spending what I can here and there for a while now trying to stack some BTC and I’ve finally got to 0.1 BTC. \n\nI’m starting to wonder only a tenth of a Bitcoin is going to mean anything? I feel like so many people have been in BTC for years and years and likely have much more than that. \n\nIs (could) 0.1 BTC become meaningful in the years to come?', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/', 'oocdbl', [['u/whisper_of_smoke', 28, '2021-07-21 00:21', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xhlji/', 'With a 500 thousand dollar bitcoin, your share would be worth 50k.', 'oocdbl'], ['u/[deleted]', 11, '2021-07-21 00:25', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xi5ng/', "The first step is still the first step, congrats on getting this far. Keep going, do your research, invest smart & HODL\nSoon, you'll be able to grow it. Nevermind the negativity around, there's always lots (if you pay attention to it)", 'oocdbl'], ['u/Skartuga', 31, '2021-07-21 00:33', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xj4vm/', "That's 10'000'000 sats. 👍", 'oocdbl'], ['u/restore_democracy', 60, '2021-07-21 00:37', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xjmcf/', 'It’s infinitely better than 0.', 'oocdbl'], ['u/Hank___Scorpio', 273, '2021-07-21 00:58', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xmebg/', "The only wrong amount of btc is 0.00000000\n\nEdit: I'm a jerk", 'oocdbl'], ['u/Onsyde', 104, '2021-07-21 01:30', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xqckt/', 'My first post 4-5 years ago was basically "Is 1 btc something to be proud of". And in another 4-5 years from now someone will post "is .01 btc something to be proud of". And each time the answer will be YES', 'oocdbl'], ['u/ShaneTuscarora', 13, '2021-07-21 01:55', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xtfgd/', 'yes, you will be rewarded at every halving event by holding through it', 'oocdbl'], ['u/whisper_of_smoke', 10, '2021-07-21 02:18', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xw9h4/', 'what will the dollar buy?', 'oocdbl'], ['u/Percyheckendorf', 32, '2021-07-21 02:19', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xwcu9/', 'Because fiat currency bleeds value and always will', 'oocdbl'], ['u/techy91', 12, '2021-07-21 02:36', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xyg0l/', 'Great answer', 'oocdbl'], ['u/Alfador8', 22, '2021-07-21 02:46', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xzohw/', "Check out [this video](https://www.youtube.com/watch?v=dOI0hXICKto). If you can manage to stack another .035 BTC you will forever be in the top 5% of hodlers. Even if you can't, this fact suggests that yes, if Bitcoin is successful 0.1 BTC will be substantial in the future", 'oocdbl'], ['u/Hank___Scorpio', 88, '2021-07-21 02:53', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y0gs6/', 'This, is not the way.', 'oocdbl'], ['u/Hank___Scorpio', 25, '2021-07-21 02:56', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y0vsd/', "While I do hope whatever price you're aiming to pull the trigger you get... it just never does what you expect it to. Integer bias is your enemy. The dollar cost average advice is the best way and its beaten to death to the point I'm surprised it isn't stickied.", 'oocdbl'], ['u/Luminous_Emission', 12, '2021-07-21 03:04', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y1tr2/', "Why not start chipping away at it now? I'm sure you've heard the saying: How do you eat an elephant? One bite at a time. If you keep buying nothing, a year from now you'll still own nothing, but if you start putting a few hundred bucks a month towards it, a year from now you'll at least own SOME bitcoin.", 'oocdbl'], ['u/TeamAmerica222', 12, '2021-07-21 03:04', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y1w57/', 'I just checked the coinmarketcap holders page - seems most of the top wallets are accumulating to a point the graph is noticeably going up rather than a small % change', 'oocdbl'], ['u/Into-the-Beyond', 12, '2021-07-21 03:26', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y4j2h/', 'Government cheese.', 'oocdbl'], ['u/jbdaughtry', 12, '2021-07-21 03:37', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y610i/', 'Dude … you’re now in the top 5% of BitCoin owners. Good job.', 'oocdbl'], ['u/wadevaman', 128, '2021-07-21 03:42', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y6nbp/', 'No... Only amounts such as .69 or .420 are meaningful.', 'oocdbl'], ['u/fxrky', 24, '2021-07-21 04:23', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5ybpks/', 'Do NOT. UNDER ANY CIRCUMSTANCES. Do this.\n\nBuy a little at a time, on different days.\n\nIf you buy a whole bitcoin at once, and the price drops 20% the next day, that shit will HURT at first. You want to average out your purchases.\n\nIm not saying this is objectively the best way to make the most money, but it IS the best way to keep emotion and bad timing out of the deal.', 'oocdbl'], ['u/fxrky', 10, '2021-07-21 04:40', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5ydvat/', "It can *always* get worse short term. For those of us that are blind to the usd price, it doesn't matter. But short term price action causes something like 80% of new investors to panic sell at huge losses.", 'oocdbl'], ['u/sherlamsam', 15, '2021-07-21 05:50', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5ym8ct/', "It's what Satoshi decided. Honestly just arbitrary, 1 btc is 100,000,000 satoshis because it just is, so .1 is 10,000,000", 'oocdbl'], ['u/JeremyLinForever', 20, '2021-07-21 07:25', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5yvovd/', 'People on bitcointalk forums prior to Reddit asking if hundreds or thousands of BTC enough.', 'oocdbl'], ['u/ElephantGlue', 35, '2021-07-21 08:04', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5yyzas/', 'I’ve posted this before but it’s relevant here;\n\nIf you think it’s not unlikely that;\n\n~ 500 people got in super early at $1 per coin with 10k btc each \n~ 5k people got in early enough at $10 per coin with 1k btc each \n~ 50k people got in still pretty early at $100 per with 100 each \n~ 500k people got in early at $1000 per with 10 btc each\n\nAnd all these people have already sold enough to make them fiat rich, but also believe BTC is the best form of value known to man and have super strong hands.....that’s 20 million of the 21 million total BTC being held by less than 1 million people - that’s 0.01% of the worlds population.\n\nThere’s bound to be more than .01% of the population who wind up believing bitcoin is the best form of value ever known to man, even if they don’t know it yet!\n\nIn this scenario with 1 million Bitcoin left, only 10 million people could own the rest if they each only bought 0.1 coins. That still puts the percentage of the global population that own any Bitcoin at 0.1% !\n\nHaving even .1 bitcoin is going to make a few million people very wealthy in short order. Buckle your seatbelts and fasten your tray tables.', 'oocdbl'], ['u/Btcyoda', 11, '2021-07-21 08:14', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5yzrl2/', "This ^\n\nDon't forget we know there are some that have way more and than there are some companies with big bags etc. Just meaning above numbers must even be smaller.\n\nNext think about what has to come; pension funds, countries, most other companies, etc.\n\nThan we know several million coins are lost forever....\n\nBitcoin is so scarce that it's a miracle we haven't had a modern gold rush into it.\n\nIt will happen, ok there will always be that small chance it will disappear, fail, etc., and people will literally go NUTS.", 'oocdbl'], ['u/Davess010', 14, '2021-07-21 10:37', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5zcuqu/', 'My new goal is .420 bitcoin. Thanks', 'oocdbl']]], ['u/B1ggusDckus', 'Do we still hodl? I have lost 48% of my initial investment...', 74, '2021-07-21 00:18', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/', '[https://www.reddit.com/r/Bitcoin/comments/7vgve2/do\\_we\\_still\\_hodl\\_i\\_have\\_lost\\_48\\_of\\_my\\_initial/](https://www.reddit.com/r/Bitcoin/comments/7vgve2/do_we_still_hodl_i_have_lost_48_of_my_initial/)\n\nHell yeah! We still hodl in 2021 my friend.', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/', 'oociz7', [['u/killer_k_c', 61, '2021-07-21 00:38', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/h5xjria/', "Why sell the red. \n\nDon't invest more than you can lose. \n\nSo again. Why sell?", 'oociz7'], ['u/[deleted]', 19, '2021-07-21 00:44', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/h5xki6k/', "Did you sell already? If not, then you haven't lost a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ['Ethereumjumped by 11.74% on Wednesday. Reversing a 1.76% loss from Tuesday, Ethereum ended the day at $1,996.18.\nA bearish start to the day saw Ethereum fall to an early morning intraday low $1,754.27 before making a move.\nSteering clear of the 62% FIB of $1,725 and the first major support level at $1,724, Ethereum rallied to a late intraday high $2,033.16.\nEthereum broke through the day’s major resistance levels before easing back to sub-$2,000 levels.\nThe late pullback saw Ethereum fall back through the third major resistance level at $2,024.\nAt the time of writing, Ethereum was up by 0.81% to $2,012.42. A mixed start to the day saw Ethereum fall to an early morning low $1,982.11 before rising to a high $2,016.51.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid the $1,928 pivot to bring the first major resistance level at $2,102 into play.\nSupport from the broader market would be needed, however, for Ethereum to breakout from Wednesday’s high $2,033.16.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a broad-based crypto rally, Ethereum could resistance at $2,250 before any pullback. The second major resistance level sits at $2,207.\nA fall the $1,928 pivot would bring the first major support level at $1,823 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the 62% FIB of $1,725. The second major support level sits at $1,649.\nFirst Major Support Level: $1,823\nPivot Level: $1,928\nFirst Major Resistance Level: $2,102\n23.6% FIB Retracement Level: $3,369\n38.2% FIB Retracement Level: $2,740\n62% FIB Retracement Level: $1,725\nLitecoinrallied by 9.66% on Wednesday. Reversing a 5.21% slide from Tuesday, Litecoin ended the day at $117.67.\nA bearish start to the day saw Litecoin fall to an early morning intraday low $105.08 before making a move.\nSteering clear of the first major resistance level at $103, Litecoin rallied to a late intraday high $119.22.\nLitecoin broke through the first major resistance level at $114 to end the day at $117 levels. The second major resistance level at $120 pinned Litecoin back late in the day.\nAt the time of writing, Litecoin was up by 0.48% to $118.24. A mixed start to the day saw Litecoin fall to an early morning low $116.82 before rising to a high $118.36.\nLitecoin left the major support and resistance levels untested early on.\nLitecoin would need to avoid the $114 pivot to bring the first major resistance level at $123 into play.\nSupport from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $119.22.\nBarring an extended crypto rally, the first major resistance level and resistance at $125 would likely cap any upside.\nIn the event of an extended breakout, Litecoin could test resistance at $135. The second major resistance level sits at $128.\nA fall through the $114 pivot would bring the first major support level at $109 into play.\nBarring another extended sell-off, however, Litecoin should steer clear of sub-$100 levels. The second major support level at $100 should limit the downside.\nFirst Major Support Level: $109\nPivot Level: $114\nFirst Major Resistance Level: $123\n23.6% FIB Retracement Level: $178\n38.2% FIB Retracement Level: $223\n62% FIB Retracement Level: $296\nRipple’s XRPrallied by 7.90% on Wednesday. Reversing a 5.22% slide from Tuesday, Ripple’s XRP ended the day at $0.56956.\nA choppy start to the day saw Ripple’s XRP slide to an early morning intraday low $0.52000 before making a move.\nSteering clear of the first major support level at $0.5066, Ripple’s XRP rallied to a late intraday high $0.58395.\nRipple’s XRP broke through the first major resistance level at $0.5601 to end the day at $0.569 levels.\nAt the time of writing, Ripple’s XRP was up by 1.10% to $0.57580. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.56750 before rising to a high $0.57664.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to avoid the $0.5578 pivot to bring the first major resistance level at $0.5957 into play.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from $0.5850 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $0.60 would likely cap any upside.\nIn the event of another breakout, Ripple’s XRP could test resistance at $0.63 before any pullback. The second major resistance level sits at $0.6218.\nA fall through the $0.5578 pivot would bring the first major support level at $0.5317 into play.\nBarring another extended sell-off, however, Ripple’s XRP should steer clear of sub-$0.50 levels. The second major support level sits at $0.4939.\nFirst Major Support Level: $0.5317\nPivot Level: $0.5578\nFirst Major resistance Level: $0.5957\n23.6% FIB Retracement Level: $0.8533\n38.2% FIB Retracement Level: $1.0659\n62% FIB Retracement Level: $1.4096\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• Economic Data Puts the EUR and Dollar in Focus, with the ECB also in Action Today\n• USD/JPY Forex Technical Analysis – Trader Reaction to 110.362 Sets Early Tone on Thursday\n• Elon Musk Says SpaceX Holds Bitcoin And Tesla Might Start Accepting It Again\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2021\n• Chipotle Mexican Grill Shares Flirt With Fresh All-Time High\n• Gold Price Forecast – Gold Markets Continue to Consolidate', 'Ethereum Ethereum jumped by 11.74% on Wednesday. Reversing a 1.76% loss from Tuesday, Ethereum ended the day at $1,996.18. A bearish start to the day saw Ethereum fall to an early morning intraday low $1,754.27 before making a move. Steering clear of the 62% FIB of $1,725 and the first major support level at $1,724, Ethereum rallied to a late intraday high $2,033.16. Ethereum broke through the day\x92s major resistance levels before easing back to sub-$2,000 levels. The late pullback saw Ethereum fall back through the third major resistance level at $2,024. At the time of writing, Ethereum was up by 0.81% to $2,012.42. A mixed start to the day saw Ethereum fall to an early morning low $1,982.11 before rising to a high $2,016.51. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid the $1,928 pivot to bring the first major resistance level at $2,102 into play. Support from the broader market would be needed, however, for Ethereum to breakout from Wednesday\x92s high $2,033.16. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a broad-based crypto rally, Ethereum could resistance at $2,250 before any pullback. The second major resistance level sits at $2,207. A fall the $1,928 pivot would bring the first major support level at $1,823 into play. Barring an extended sell-off, however, Ethereum should steer clear of the 62% FIB of $1,725. The second major support level sits at $1,649. Looking at the Technical Indicators First Major Support Level: $1,823 Pivot Level: $1,928 First Major Resistance Level: $2,102 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rallied by 9.66% on Wednesday. Reversing a 5.21% slide from Tuesday, Litecoin ended the day at $117.67. A bearish start to the day saw Litecoin fall to an early morning intraday low $105.08 before making a move. Story continues Steering clear of the first major resistance level at $103, Litecoin rallied to a late intraday high $119.22. Litecoin broke through the first major resistance level at $114 to end the day at $117 levels. The second major resistance level at $120 pinned Litecoin back late in the day. At the time of writing, Litecoin was up by 0.48% to $118.24. A mixed start to the day saw Litecoin fall to an early morning low $116.82 before rising to a high $118.36. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid the $114 pivot to bring the first major resistance level at $123 into play. Support from the broader market would be needed, however, for Litecoin to break out from Wednesday\x92s high $119.22. Barring an extended crypto rally, the first major resistance level and resistance at $125 would likely cap any upside. In the event of an extended breakout, Litecoin could test resistance at $135. The second major resistance level sits at $128. A fall through the $114 pivot would bring the first major support level at $109 into play. Barring another extended sell-off, however, Litecoin should steer clear of sub-$100 levels. The second major support level at $100 should limit the downside. Looking at the Technical Indicators First Major Support Level: $109 Pivot Level: $114 First Major Resistance Level: $123 23.6% FIB Retracement Level: $178 38.2% FIB Retracement Level: $223 62% FIB Retracement Level: $296 Ripple\x92s XRP Ripple\x92s XRP rallied by 7.90% on Wednesday. Reversing a 5.22% slide from Tuesday, Ripple\x92s XRP ended the day at $0.56956. A choppy start to the day saw Ripple\x92s XRP slide to an early morning intraday low $0.52000 before making a move. Steering clear of the first major support level at $0.5066, Ripple\x92s XRP rallied to a late intraday high $0.58395. Ripple\x92s XRP broke through the first major resistance level at $0.5601 to end the day at $0.569 levels. At the time of writing, Ripple\x92s XRP was up by 1.10% to $0.57580. A mixed start to the day saw Ripple\x92s XRP fall to an early morning low $0.56750 before rising to a high $0.57664. Ripple\x92s XRP left the major support and resistance levels untested early on. For the day ahead Ripple\x92s XRP will need to avoid the $0.5578 pivot to bring the first major resistance level at $0.5957 i **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: 2021-07-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,474,787,500 - Hash Rate: 103989257.2192314 - Transaction Count: 230282.0 - Unique Addresses: 571344.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Australia needs to tread carefully should it eventually launch a crypto exchange-traded product (ETP), the country’s financial regulator said Wednesday. In a consultation paper from the Australian Securities and Investment Commission (ASIC), the regulator is reaching out to market participants for feedback on whether crypto underlying products can meet existing ETP expectations. ASIC said it is attempting to evaluate whether cryptos are appropriate underlying assets, whether they could be reliably priced, and how they should be classified with respect to underlying asset rules, according to the paper. Related: Bitcoin Upside Stalls; Could Find Support Near $30K-$33K The paper seeks feedback in two main areas on how an ETP may affect the market including compliance costs and effects on competition. ASIC’s request for feedback comes as the Australian Securities Exchange, one of the country’s major bourses, is considering applications for the launch of a domestic ETP by year’s end. “At this point in time, in our view, the only crypto-assets that are likely to satisfy these factors are bitcoin and ether ,” the regulator said. How product issuers can ensure these products are compliant with the existing regulatory framework, including with respect to custody, risk management and disclosure were also mentioned for consideration. In Australia, there are three types of categories that fall under an ETP including exchange-traded funds, managed funds and structured products – a security or derivative which gives financial exposure to the performance of underlying instruments. Related: Bitcoin Set for Record Second-Quarter Price Drop See also: ASX Boss Says His DLT Settlement System Will Be Bigger Than All of Crypto Market “We are aware of interest in, and demand for, domestic crypto-asset ETPs,” said the regulator. “However, we are also aware of the real risk of harm to consumers and markets if these products are not developed and operated properly.” Story continues Comments need to be submitted to the regulator by July 27 with those wishing to provide feedback having the option to remain anonymous or use an alias. Related Stories BNY Mellon Subsidiary Doubts Bitcoin as Payment Solution, Unlike Its Parent: Report Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind... - 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:** ['Twitter CEO Jack Dorsey confirmed to investors that bitcoin will be a "big part" of the company\'s future, as he sees opportunities to integrate the cryptocurrency into existing Twitter products and services, including commerce, subscriptions and other new additions like the Twitter Tip Jar and Super Follows . Dorsey has been a staunch bitcoin advocate for years, but how it would be put into action on Twitter\'s platform had not yet been spelled out in detail. However, Dorsey has often publicly touted the cryptocurrency, saying it reminds him of the "early days of the internet" and that there wasn\'t "anything more important" in his lifetime for him to work on. More recently, Dorsey launched a $23.6 million bitcoin fund with Jay Z and announced plans to lead his other company Square into the decentralized financial services market by way of bitcoin. Square also this year acquired a majority stake in Jay-Z\'s TIDAL music service with an eye toward how blockchain technologies and cryptocurrencies could change the music business. Today, Dorsey also dubbed bitcoin one of three key trends for Twitter\'s future, along with AI and decentralization -- the latter which Twitter is pursuing through its "Bluesky" initiative . Twitter’s decentralized future He touted bitcoin to investors on Twitter\'s second quarter earnings call, saying it could help the company move faster in terms of its product expansions, while explaining that it was the "best candidate" to become the "native currency" of the internet. (Incidentally, Square\'s $50 million in bitcoin purchased in 2020 was worth $253 million by February 2021, and it purchased $170 million more earlier this year.) Oh man, Jack Dorsey says he thinks Bitcoin is key to Twitter\'s future. Says it will "ensure people and companies can freely trade goods and services anywhere on the planet" — Alex Weprin (@alexweprin) July 22, 2021 "If the internet has a native currency, a global currency, we are able to able to move so much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, and we can reach every single person on the planet because of that instead of going down a market-by-market-by-market approach," Dorsey explained. "I think this is a big part of our future. I think there is a lot of innovation above just currency to be had, especially as we think about decentralizing social media more and providing more economic incentive. So I think it\'s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it," he added. Story continues A Twitter rep confirmed this is the first time that Dorsey has spoken publicly about how Twitter could integrate bitcoin into its product lineup. Dorsey also pointed out Twitter would not be alone in pursuing a crypto strategy, noting that Facebook was backing the digital currency Diem. "There\'s an obvious need for this, and appreciation for it. And I think that an open standard that\'s native to the internet is the right way to go, which is why my focus and our focus eventually will be on bitcoin," he noted. Overall, Twitter delivered strong earnings in a pandemic rebound, which saw the company posting its fastest revenue growth since 2014, according to CNBC , which drove Twitter shares 9% higher in extended trading. The company pulled in Q2 revenue of $1.19 billion versus the $1.07 billion Wall Street expected, a majority ($1.05 billion) from its advertising business. It also saw earnings per share of 20 cents versus the 7 cents expected. However, monetizable daily active users (mDAUs) -- Twitter\'s own invented metric meant to fluff up often flat monthly user growth -- were only at 206 million, an 11% year-over-year increase, while analysts were counting on 206.2 million. The company blamed the decline on a slower news cycle and end of shelter-in-place in many U.S. communities, which may have impacted Twitter usage during the quarter. What Square’s smashing earnings tell us about consumer bitcoin demand', 'Bitcoin, BTC to USD, rose by 0.52% on Thursday. Following a 7.85% rally on Wednesday, Bitcoin ended the day at $32,320.0.\nA range-bound start to the day saw Bitcoin fall to a late morning intraday low $31,735.0 before making a move.\nSteering clear of the first major support level at $30,168, Bitcoin rallied to a late afternoon intraday high $32,610.0.\nFalling short of the first major resistance level at $33,495, Bitcoin fell back to sub-$32,100 levels and into the red.\nSteering clear of sub-$32,000 levels, however, moved back through to $32,300 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBitcoin Cash SVfell by 0.39% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nPolkadot rallied by 6.13% to lead the way, withChainlink(+4.91%),Crypto.com Coin(+3.04%), andRipple’s XRP(+4.17%) also making solid gains.\nBinance Coin(+0.09%),Cardano’s ADA(+1.34%),Ethereum(+1.43%), andLitecoin(+2.44%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Wednesday high $1,337bn. At the time of writing, the total market cap stood at $1,310bn.\nBitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.22%.\nAt the time of writing, Bitcoin was down by 0.11% to $32,283.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,449.4 before falling to a low $32,282.4.\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, Cardano’s ADA was down by 0.63% to lead the way down.\nBitcoin would need to avoid the $32,222 pivot to bring the first major resistance level at $32,708 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Thursday’s high $32,610.0.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $33,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,097.\nA fall through the $32,222 pivot would bring the first major support level at $31,833 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major support level at $31,347 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Markets Sluggish During Thursday Session\n• NZD/USD Forex Technical Analysis – Strengthens Over .6982, Weakens Under .6963\n• European Equities: Private Sector PMIs for July in the Spotlight\n• Twitter’s Shares Rally Following Fastest Revenue Growth In Seven Years\n• USD/JPY Forex Technical Analysis – Sustained Move Under 110.362 Could Trigger Break into 109.726\n• DocuSign’s Stock Is Up 11% in July So Far', 'Bitcoin , BTC to USD, rose by 0.52% on Thursday. Following a 7.85% rally on Wednesday, Bitcoin ended the day at $32,320.0. A range-bound start to the day saw Bitcoin fall to a late morning intraday low $31,735.0 before making a move. Steering clear of the first major support level at $30,168, Bitcoin rallied to a late afternoon intraday high $32,610.0. Falling short of the first major resistance level at $33,495, Bitcoin fell back to sub-$32,100 levels and into the red. Steering clear of sub-$32,000 levels, however, moved back through to $32,300 levels to deliver the upside on the day. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 fell by 0.39% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Polkadot rallied by 6.13% to lead the way, with Chainlink (+4.91%), Crypto.com Coin (+3.04%), and Ripple’s XRP (+4.17%) also making solid gains. Binance Coin (+0.09%), Cardano’s ADA (+1.34%), Ethereum (+1.43%), and Litecoin (+2.44%) trailed the front runners, however. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Wednesday high $1,337bn. At the time of writing, the total market cap stood at $1,310bn. Bitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.22%. This Morning At the time of writing, Bitcoin was down by 0.11% to $32,283.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,449.4 before falling to a low $32,282.4. 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, Cardano’s ADA was down by 0.63% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid the $32,222 pivot to bring the first major resistance level at $32,708 into play. Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $32,610.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $33,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,097. A fall through the $32,222 pivot would bring the first major support level at $31,833 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major supp **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: 2021-07-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $602,621,114,625 - Hash Rate: 91755226.95814537 - Transaction Count: 231130.0 - Unique Addresses: 581850.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Reinsurance Group of America, Incorporated RGA completed an annuity reinsurance transaction with Modern Woodmen of America. Per the agreement, a subsidiary of Reinsurance Group will reinsure a seasoned block of the U.S. annuity business. Management of Reinsurance Group noted the transaction is in sync with the company’s strategy to grow its asset-intensive business. The asset-intensive business is part of its financial solution. Larry Carson, executive vice president, Global Financial Solutions, Reinsurance Group, stated that the customized mutually beneficial transaction will help Modern Woodmen achieve specific capital and risk-management objectives. Reinsurance Group is among the leading global providers of life reinsurance and financial solutions, with $3.4 trillion of life reinsurance in force and assets of $84.8 billion as of Mar 31, 2021. It manages the asset-intensive business to provide a targeted spread between the interest rate earned on investments and the interest rate credited to the underlying interest-sensitive contract liabilities. The company has a leading presence in the United States and Latin American traditional markets. It expands its product line with market-leading services, capabilities, expertise and innovation. Significant value embedded in the in-force business generates predictable long-term earnings. Product line expansion also contributes to risk diversification. Shares of Reinsurance Group have gained 7.8% year to date compared with the industry’s growth of 7.7%. Its mix of organic and transactional opportunities, niche position in the reinsurance markets and expansion of the international footprint should help it maintain the momentum. Zacks Investment Research Image Source: Zacks Investment Research The company currently carries a Zacks Rank #5 (Strong Sell). Stocks to Consider Some better-ranked stocks from the insurance space are Lincoln National Corporation LNC, Manulife Financial Corporation MFC and Alleghany Corporation Y, each currently carrying Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . Lincoln National delivered an earnings surprise of 22.97% in the last reported quarter. Manulife Financial delivered an earnings surprise of 8.47% in the last reported quarter. Alleghany delivered an earnings surprise of 110.97% in the last reported quarter. Story continues Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> 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 Lincoln National Corporation (LNC) : Free Stock Analysis Report Manulife Financial Corp (MFC) : Free Stock Analysis Report Reinsurance Group of America, Incorporated (RGA) : Free Stock Analysis Report Alleghany Corporation (Y) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/ykawai19', 'Price Trend of Standard Products Starting From Dominaria (as of 7/22/21)', 91, '2021-07-23 00:52', 'https://www.reddit.com/r/mtgfinance/comments/opp666/price_trend_of_standard_products_starting_from/', 'My overall conclusion from below is that in the short term (3 years to collect this data), single cards are not investable. There are exceptions, just like people who get lucky on individual stocks or bitcoin investments.\n\nI thought that the specialty products would gain more value over draft/set booster boxes, but they are essentially equivalent. In the long term, this may not stand true.\n\nKeep in mind that this post is not to estimate potential profitability. The table does not take into account seller fees, shipping costs, bulk card pricing, etc. This is only to show an interesting, short-term trend.\n\nIf you would like to see an example of how you could calculate potential profitability, take a look at this thread where it discusses the profitability of Secret Lair products:\n\n[https://www.reddit.com/r/mtgfinance/comments/opio98/secret\\_lair\\_profitability\\_as\\_of\\_72221/](https://www.reddit.com/r/mtgfinance/comments/opio98/secret_lair_profitability_as_of_72221/)\n\n​\n\nhttps://preview.redd.it/cuwql0dw2wc71.png?width=2487&format=png&auto=webp&s=c971a8044804e1e2890a741c2639d5064b2f882d', 'https://www.reddit.com/r/mtgfinance/comments/opp666/price_trend_of_standard_products_starting_from/', 'opp666', [['u/cl174', 41, '2021-07-23 02:37', 'https://www.reddit.com/r/mtgfinance/comments/opp666/price_trend_of_standard_products_starting_from/h66yclm/', 'I don’t think this quiet captures the question your trying to answer. When most people talk about investing in singles they are talking about targeted investments, where you are taking a sample of random cards you pulled. I’m also not sure what time point you pulled data from.\n\nI think if you would really want to see if it’s a good idea to buy singles, it would be better to see how certain groups of cards appreciate in value. Like taking all the 1$ bulk and seeing how that preforms over time since that’s where you see a lot of big multiple gains. Or taking the top 5 most expensive chase cards. Or cross referencing it with a list of cards commonly played cards ect.\n\nIt would be super tedious, but if you really want to answer that question I think that’s the way to answer it. I would bet that an index of modern playable cards out preforms the singles you pull randomly from boosters.', 'opp666']]], ['u/vshory9', 'I want to create a crypto portfolio with $5,000 what should my portfolio consist of?', 15, '2021-07-23 01:50', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/', 'I’m thinking of putting equal amounts in Bitcoin, Ethereum, Cardano, Polkadot, DogeCoin, SXCoin and Litecoin. Please leave your recommendations here. I won’t be trading these on a regular basis just basically hold them till they hit a nice price target.', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/', 'opq5eg', [['u/anotherjohnishere', 11, '2021-07-23 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h66tar9/', 'You can skip Doge and LTC tbh', 'opq5eg'], ['u/fredum12', 14, '2021-07-23 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h66tihy/', 'ETH, ALGO, ADA and MATIC.', 'opq5eg'], ['u/DaveinOakland', 11, '2021-07-23 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h66u8jk/', '60% ETH/30% BTC/10% XMR', 'opq5eg'], ['u/XTingleInTheDingleX', 26, '2021-07-23 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h671x0q/', 'Why are people still buying Doge?', 'opq5eg']]], ['u/Sennon1', 'Baby Doge - IMPORTANT THINGS TO REMEMBER', 146, '2021-07-23 01:55', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/', 'Dear members of our Baby Doge family: \n\nI\'m seeing a lot of people worried about the price. When pump, why dumping, when moon, when lambo, how many zeros we kill, why are whales selling, etc. etc. \n\nI\'d like to make a few points to put some people here at ease: \n\nFirstly, for those asking how high the price can reach. Let\'s take a look at Bitcoin, the father of all cryptocurrencies: On May 22nd 2010, a bitcoin was worth about 0.0025 (Laszlo Hanyecz bought 2 pizzas for 10,000 BTC, then equivalent to $25). Fast forward 11 years, and on May 22nd 2021 a bitcoin was worth about $37,500 - *15 million* times the price of 2010. Earlier this year it was about $27,000 more than that - almost *26 million* times the 2010 price! \n\nIf Laszlo Hanyecz had kept the bitcoin and used cash for the pizza, he would have about $320,000,000 worth right now. \n\nIf you, dear reader, had bought $1 worth of bitcoin in 2010 (400 BTC), you would have about $12,800,000 worth right now. \n\nBut Bitcoin has a cap of 21 million coins in total. Baby Doge has 420 quadrillion - 20b times as much as bitcoin. So big difference, no? \n\nWell, yes. But there are some other differences as well, that work to our advantage: \n\n1. The current price has 6 more zeros than bitcoin did. So in order for $1 worth of Baby Doge to be worth 15 million, the price needs to be "merely" $0.00375. \n\n2. That would still be very difficult to achieve, as that is only 1/10m of bitcoin price, while there are 20b times more Baby Doge coins. And that\'s where our tokenomics come in: Baby Doge started with 480q, but it doesn\'t have that much anymore; in less than 2 months, there are only 276q left. Every transaction burns off 5%. \n\nAs the amount of available tokens drops, the price will go up. Whales are our *friends* here: they buy low, sell high, big amounts. When they buy, they burn coins. When they sell, they burn coins. They make short term gains, that\'s their business. If I had $100k lying around I would do it too, why not? Easy money. But I don\'t, so I hodl. And I receive reflections from them. So it\'s win-win! \n\nAnd ultimately, the price will continue to soar. It\'s true, when whales sell the price drops temporarily. But eventually it will go back up, as the total amount of coins goes down. Soon *you* will be a whale with a trillion coins. Then with a billion. Then with a million. \n\nHow long will that take to achieve? That, my friends, depends on *us.* Dogecoin did extremely well this year, thanks to constant hype; we can do it too! By constant shilling on social media and in real life, we can get more and more people to buy it and hold it, and drive the price up. By hodling and not selling, everyone can end up a millionaire. But it won\'t happen tomorrow, only if you have patience, keep up the hype, and hodl for dear life! \n\n(Suggestions for hodling: 1. Don\'t spend your life savings, spend what you would spend on gambling. 2. If you have the urge to buy and sell, do it with another coin, while hodling this one. You can make good money from other coins too! Or lose as well. Your choice. 3. If it\'s really hard to see your portfolio drop - write down your pass phrase in a safe place, and delete the wallet from your phone. Come back in a year and see where it\'s at.) \n\n@babydogefather has kindly offered to speed up the process just a bit by burning 250t, and an additional 250t if that tweet gets retweeted 50k times. I\'m personally astonished and ashamed that with almost 132k members here, this hasn\'t been achieved yet. We can do better! Lets get it done in 2 more days, and show the world we mean business!\n\nCopy and paste and share the word fam.\n\nYours truly, \n\nA Baby Doge Hodler.', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/', 'opq85x', [['u/StashBeatz', 18, '2021-07-23 02:15', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/h66vrqb/', "Well said Bro. People love to complain about burns and so on but majority don't even make a Twitter account just to help the cause. To the moon soon", 'opq85x'], ['u/zugnaziu', 11, '2021-07-23 02:49', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/h66zrnd/', "Well said my friend. Only thing I would like to point out is there's not 132k members here on Reddit. We are under 10k.", 'opq85x'], ['u/Prokletnost', 12, '2021-07-23 03:13', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/h672h1f/', 'This was CTRL-V front telegram, there we have 130k', 'opq85x']]], ['u/AngryMooseTesticles', 'Anyone here NOT successful by hodling?', 487, '2021-07-23 02:28', 'https://www.reddit.com/r/CryptoCurrency/comments/opqtdn/anyone_here_not_successful_by_hodling/', "I was in crypto in early 2017... Took an initial investment of $50k USD. Turned it into $150k (I got in late), then turned it into $5k in 2018... by hodling. I put that $5k into Harmony ONE in 2019 shortly after the ICO at $0.007. I rode that up to \\~$160k USD and kept hodling at $0.23 per coin. I hodled on down to $50k. Enough is enough, so I started trading BTC. DCA'ing in on the dips and DCA'ing out on the rises. I'm now back up to nearly $70k.\n\nI'm at the point now that if I'm making any astronomical profit, I'm taking it out. DCA'ing in is cool, hodling is cool if you bought at an ATH, but to buy super low and not sell for gain is a dumbass move.\n\nTake it from a 2x dumbass.\n\nEDIT: DCA in. But don't forget to DCA out your profits. Haters will hate.\n\nEDIT #2: Not a moon farm post. I don't even have a vault lol. I never will", 'https://www.reddit.com/r/CryptoCurrency/comments/opqtdn/anyone_here_not_successful_by_hodling/', 'opqtdn', [['u/CondorP16', 12, '2021-07-23 02:31', 'https://www.reddit.com/r/Crypt... 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 a 0.52% gain on Thursday, Bitcoin ended the day at $33,650.0. After a mixed start to the day, Bitcoin fell to a late afternoon intraday low $32,020.0 before making a move. Steering clear of the first major support level at $30,168, Bitcoin rallied to a late intraday high $33,625.3. Bitcoin broke through the first major resistance level at $32,698 and the second major resistance level at $33,097 to end the day at $33,650 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 and Polkadot fell by 1.34% and by 2.22% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum rallied by 4.99% to lead the way. Chainlink (+2.91%), Litecoin (+2.93%), and Ripple’s XRP (+2.62%) also made solid gains. Binance Coin (+2.06%), Bitcoin Cash SV (+1.96%), and Cardano’s ADA (+1.89%) trailed the front runners, however. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Friday high $1,375bn. At the time of writing, the total market cap stood at $1,358bn. Bitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.34%. This Morning At the time of writing, Bitcoin was down by 0.35% to $33,532.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,783.0 before falling to a low $33,456.9. 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 3.27% to lead the way, with Chainlink (+0.28%) and Litecoin (+0.20%) also in the green. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was down by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,098 pivot to bring the first major resistance level at $34,177 into play. Support from the broader market would be needed for Bitcoin to break out from this morning’s high $33,783.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $34,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $34,704. A fall through the $33,098 pivot would bring the first major support level at $32,572 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major support level at $31,493 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Slip on Dollar Strength U.S. stock markets hit new highs, Treasury yields up as choppy week ends Silver Price Prediction – Silver Falls as Yields Rise as Growth Concern Weigh on Prices Gold Weekly Price Forecast – Gold Markets Show Choppy Behavior The Weekly Wrap – Another Win for the Greenback as COVID-19 Raises the Alarm S&P 500 Weekly Price Forecast – Stock Markets Continue to Plow Higher', 'Bitcoin , BTC to USD, rallied by 4.11% on Friday. Following a 0.52% gain on Thursday, Bitcoin ended the day at $33,650.0. After a mixed start to the day, Bitcoin fell to a late afternoon intraday low $32,020.0 before making a move. Steering clear of the first major support level at $30,168, Bitcoin rallied to a late intraday high $33,625.3. Bitcoin broke through the first major resistance level at $32,698 and the second major resistance level at $33,097 to end the day at $33,650 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 and Polkadot fell by 1.34% and by 2.22% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum rallied by 4.99% to lead the way. Chainlink (+2.91%), Litecoin (+2.93%), and Ripple’s XRP (+2.62%) also made solid gains. Binance Coin (+2.06%), Bitcoin Cash SV (+1.96%), and Cardano’s ADA (+1.89%) trailed the front runners, however. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Friday high $1,375bn. At the time of writing, the total market cap stood at $1,358bn. Bitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.34%. This Morning At the time of writing, Bitcoin was down by 0.35% to $33,532.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,783.0 before falling to a low $33,456.9. 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 3.27% to lead the way, with Chainlink (+0.28%) and Litecoin (+0.20%) also in the green. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was down by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,098 pivot to bring the first major resistance level at $34,177 into play. Support from the broader market would be needed for Bitcoin to break out from this morning’s high $33,783.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $34,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $34,704. A fall through the $33,098 pivot would bring the first major support level at $32,572 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major support level at $31,493 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Slip on Dollar Strength U.S. stock markets hit new highs, Treasury yields up as choppy week ends Silver Price Prediction – Silver Falls as Yields Rise as Growth Concern Weigh on Prices Gold Weekly Price Forecast – Gold Markets Show Choppy Behavior The Weekly Wrap – Another Win for the Greenback as COVID-19 Raises the Alarm S&P 500 Weekly Price Forecast – Stock Markets Continue to Plow Higher', 'BeInCrypto –\nThe global crypto yield-earning platform Celsius Network is pressing ahead with a $200 million commitment towards clean bitcoin (BTC) mining. Part of which has involved a $54 million investment in Core Scientific, a leading figure in carbon-neutral mining.\nAccording to reportsfrom July 23, Celsius’ overall commitment should place the company as one of the biggest investors in the BTC mining industry. Celsius first pledged $200 million worth of mining equipment to Core Scientific, as well as Rhodium Enterprises, a mining company based in Texas, and hash rate-based software company Luxor Technologies,back in June.\nThis storywas seen first onBeInCryptoJoin our Telegram Groupand get trading signals, a free trading course and more stories likethisonBeInCrypto', 'BeInCrypto – The global crypto yield-earning platform Celsius Network is pressing ahead with a $200 million commitment towards clean bitcoin (BTC) mining. Part of which has involved a $54 million investment in Core Scientific, a leading figure in carbon-neutral mining. According to reports from July 23, Celsius’ overall commitment should place the company as one of the biggest investors in the BTC mining industry. Celsius first pledged $200 million worth of mining equipment to Core Scientific, as well as Rhodium Enterprises, a mining company based in Texas, and hash rate-based software company Luxor Technologies, back in June . This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto', 'Is crypto the (new) trade of our lifetime? I ask this question as the price of Bitcoin (BTC-USD) — a proxy for all cryptocurrencies —has fallen almost 50% since mid-April, from $63,000 to $32,000.(I’ll get to the parenthetical "new" in a second.)\nWe may even be heading into another so-called crypto winter, where the price of Bitcoin falls precipitously and stays down for some time. But here’s the rub: Heretofore each downturn has been followed by the price of the coin recovering and then going on to greatly exceed its previous high.\nDoesn’t that scream long term buy and hold? (Or trader bait if that’s what floats your boat.) Shouldn’t you therefore own a piece? Maybe just a little piece?\nHow do we know crypto will continue to go up? No one knows. Apple (AAPL), Tesla (TSLA) and Nvidia (NVDA) seem like obvious bets now, but five or 10 years ago they looked risky, or overpriced or both. And with Bitcoin you add a whole other layer of uncertainty, which is to say crypto currency itself. Crypto is way more complex and speculative than iPhones or EVs or chips.\nI’ll get into the issue of defining crypto later, but I want to be clear that what I’m really trying to address here is, should you have some exposure to crypto in your investment portfolio, and if so, what kind and how much?\nThat question comes from this fact: It’s entirely possible the only thing riskier than owning crypto, is not owning crypto. Meaning that 50 years from now, your grandchildren might shake their heads in disgust for you not buying Bitcoin at $32,000, (or $25,000 next week.)\nA dilemma, no?\nLet me briefly address the word "new" in my lead, which I used because for the past 25 years, I **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: 2021-07-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $634,105,522,981 - Hash Rate: 104668925.56706952 - Transaction Count: 198091.0 - Unique Addresses: 497255.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A notorious cybercriminal gang that has siphoned tens of millions of dollars in ransomware attacks to date is now unabashedly targeting U.S. hospitals, according to an article inThe Wall Street Journal. The Eastern European group, which may have ties to the Russian government and is called Ryuk after the software it uses, has targeted multiple industries in recent years and made a practice of collecting its ransomsin cryptocurrency. In an email to CoinDesk, thebitcoinanalytics firmChainalysissaid Ryuk, which has also gone by the name “Business Club,” collected over $100 million in cryptocurrency ransoms last year. “This is only based on ransomware payments that we can confirm, so these are lower-bound estimates based on what we know,” the company said. Related:World’s Largest Meat Company Pays $11M in Bitcoin Ransomware Attack Ryuk has struck 235 U.S. hospital facilities, according to the Journal, disrupting medical care and endangering patients. The group has also targeted in-patient psychiatric facilities. Cryptocurrency isn’t the main reason in ransomware’s increasing popularity but it is becoming a major player in this type of malware’s spread, according to CoinDesk’s Nikhilesh De. Sooner rather than later, De wrote, the industry is going to have to reckon with the issue. Indeed, multiple ransomware attacks demanding bitcoin for payment have been carried out in the previous month, withColonial Pipelinesuccumbing on May 14 and paying out millions and JBS, theworld’s largest meat producerfollowing suit two weeks later on May 30. • Biden’s National Security Adviser Sees Crypto Role in Cyberattacks as Priority for G-7, NATO • State of Crypto: Ransomware Is a Crypto Problem • CEO of Colonial Pipeline to Face Congress Grilling Over Bitcoin Ransom... - Reddit Posts (Sample): [['u/vocatus', 'Tron v12.0.0 (2021-07-23) // Completely remove support for Windows XP 💀😔 (override with -dev switch) // minor definition updates', 317, '2021-07-24 01:29', 'https://www.reddit.com/r/TronScript/comments/oqe6qg/tron_v1200_20210723_completely_remove_support_for/', '##Background\n\nTron is a script that "fights for the User." \n\nIt aims to automate ~87% of the tedious work in getting a badly-running Windows system back on its feet (clicking "next" in A/V scan windows, etc); with much left to the discretion of the tech. \n\nIt is built with heavy reliance on community input and updated regularly. \n\nIt is **NOT** a system optimization or "baseline" script. \n\nRead the instructions.\n\n----------------------------------------\n\n##Sequence of operation\n\n[Prep](https://github.com/bmrf/tron/blob/master/README.md#stage-0-prep) > [Tempclean](https://github.com/bmrf/tron/blob/master/README.md#stage-1-tempclean) > [De-bloat](https://github.com/bmrf/tron/blob/master/README.md#stage-2-de-bloat) > [Disinfect](https://github.com/bmrf/tron/blob/master/README.md#stage-3-disinfect) > [Repair](https://github.com/bmrf/tron/blob/master/README.md#stage-4-repair) > [Patch](https://github.com/bmrf/tron/blob/master/README.md#stage-5-patch) > [Optimize](https://github.com/bmrf/tron/blob/master/README.md#stage-6-optimize) > [Wrap-up](https://github.com/bmrf/tron/blob/master/README.md#stage-7-wrap-up) | [Manual tools](https://github.com/bmrf/tron/blob/master/README.md#stage-9-manual-tools)\n\nSaves a log to `C:\\logs\\tron\\tron.log` *(configurable)*.\n\n[screenshots of Tron in action](http://imgur.com/a/xaUGT)\n\n---------------------------------------------------\n\n##Changelog\n\n*(significant changes in bold; full changelog [on Github](https://github.com/bmrf/tron/blob/master/changelog.txt))*\n\n\n**v12.0.0** (2021-07-23)\n\n \\- Remove support for Windows XP (override with the `-dev` switch. You\'ll probably get a lot of popup errors, most utilities don\'t support running on XP anymore). RIP in peace to one of the greats\n\n \\* Minor definition updates (anti-virus definitions, de-bloat lists, etc)\n\n\n**v11.2.1** (2021-06-02)\n\n \\+ Add Italian language support for network detection. Thanks to github:AsterITA\n\n \\* Update O&OShutUp10, disable "Meet Now" icon in the taskbar\n\n \\. Minor definition updates\n\n---------------------------------------------------\n\n##Download\n\n1. **Primary method**: Download the [.torrent](https://bmrf.org/repos/tron/Tron%20v12.0.0%20\\(2021-07-23\\).torrent).\n\n2. **Secondary**: Download a self-extracting `.exe` pack from one of the mirrors:\n\n Mirror | HTTPS | HTTP | Location | Host\n -------|--------|--------|-------|-------\n Official | [link](https://bmrf.org/repos/tron) | [link](http://www.bmrf.org/repos/tron) | US-DC | u/SGC-Hosting\n #1 | [link](https://www.danodemano.com/Tron/) | [link](http://www.danodemano.com/Tron/) | US-NY | u/danodemano\n #3 | [link](https://bodkov.com) | [link](http://bodkov.com) | DE | u/bodrino\n #4 | [link](https://mirror.meamod.com/tron) | [link](http://mirror.meamod.com/tron) | US/EU | u/mxmod\n #5 | [link](https://tron.ajcutshall.com/) | --- | US-MI | u/ajcutshall\n #6 | [link](https://tron.defectiveness.ml/index.php) | --- | GB-LND | u/FreezerMoosh\n #7 | [link](https://www.oldergeeks.com/downloads/file.php?id=2202) | --- | US-MO | u/OlderGeeks\n #8 | [link](https://www.tronscript.com/) | --- | ^Amazon ^CDN | u/helpdesktv\n #9 | [link](http://www.softpedia.com/progDownload/Tron-Script-Download-258242.html) | --- | ^Global ^CDN | [Softpedia](http://www.softpedia.com)\n\n\n3. **Tertiary**: Connect to the [Syncthing](https://syncthing.net/) repo ([instructions](https://www.reddit.com/r/TronScript/comments/9gmmr9/syncthing_connection_thread_server_device_id_has/)) to get fixes/updates immediately. This method has [some risks](https://www.reddit.com/r/TronScript/comments/4yt14s/photoscr_has_popped_its_ugly_head_back_up/) and you should only use it if you understand them.\n\n4. **Quaternary**: Source code\n\n Source code is available [on Github](https://github.com/bmrf/tron/) (Note: this doesn\'t include many of the utilities Tron relies on to function). If you want to view the code without downloading a ~600MB package, Github is a good place to do it.\n\n---------------------------------------------------\n\n##Command-Line Support\n\nTron has full command-line support. Switches are optional, can be used simultaneously, and override their respective default when used. **[See here](https://github.com/bmrf/tron/blob/master/README.md#command-line-use)** for a list of command-line switches.\n\n---------------------------------------------------\n\n##Pack Integrity\n\nSHA-256 hashes are in `\\tron\\integrity_verification\\checksums.txt` and are signed with my [PGP key](http://bmrf.org/vocatus-public-key.txt) (0x07d1490f82a211a2, pubkey included). Use this to verify pack integrity. \n\n---------------------------------------------------\n\n##Donations\n\nTron will always be free and open-source. If you\'d like to buy me a beer or more importantly ... scotch ... you can do so here:\n\n - **[Patreon](https://www.patreon.com/vocatusgate)**\n\n - Monero (preferred): `4GG9KsJhwcW3zapDw62UaS71ZfFBjH9uwhc8FeyocPhUHHsuxj5zfvpZpZcZFHWpxoXD99MVt6PnR9QfftXDV8s6HbYdDuZEDZ947uiEje`\n\n - Bitcoin: `1Biw8gx2kD7mZf66ZdNgB9tG1pE9YA3kEd`\n\n - Bitcoin Cash: `18sXTTrAViPZVQtm63zBK6aCK3XfJpEThk`\n\nThese addresses go directly to u/vocatus. If you wish to support another volunteer (e.g. the incredibly generous u/SGC-Hosting) please contact them directly.\n\n-----------------------\n\n##Problems and Support\n\nPlease look [here](https://www.reddit.com/r/TronScript/wiki/index#wiki_cq_.28common_questions.29) first for a list of common issues (Tron appearing to be stalled, etc). If it doesn\'t answer your issue, make a top-level post to r/TronScript and myself or one of the community members will look at the issue. Additionally, you can reach me 24/7 [on Keybase](https://keybase.io/vocatus). \n\n*[^"Do ^not ^withhold ^good ^from ^those ^to ^whom ^it ^is ^due, ^when ^it ^is ^in ^your ^power ^to ^act." ^-p3:27](https://biblehub.com/proverbs/3-27.htm)*', 'https://www.reddit.com/r/TronScript/comments/oqe6qg/tron_v1200_20210723_completely_remove_support_for/', 'oqe6qg', '[]'], ['u/HIGGO9339', 'ADAX - July News -- by "Crypto Currency State" Youtube channel', 35, '2021-07-24 01:43', 'https://www.reddit.com/r/ADAXPRO/comments/oqegsb/adax_july_news_by_crypto_currency_state_youtube/', '# Watch the "Crypto Currency State"s -- ADAX -- July News,\n\n"[ADAX Cardano DEX is On Fire!!! ADAX July News - ADAX Price Vs Market - How To Buy And Stake ADAX](https://www.youtube.com/watch?v=gpUFdBrF9QM)"\n\n*Introduction:* "In today\'s video I will show you the ADAX Price Action one of the Cardano DEX Projects. We are going to compare it with BTC, ETH and ADA. And we are going to review the ADAX News of July. How to buy ADAX. How to stake ADAX, and much more." (CCS)\n\n​\n\n*\\*\\* Some of the topics that are discussed - in order :::*\n\n\\#1) - [**Adax.pro**](https://Adax.pro) **Overview**\n\n( Begins around the **1mins 15secs** time mark )\n\n[Adax.pro website home page](https://preview.redd.it/msxyb7o5r1d71.jpg?width=1018&format=pjpg&auto=webp&s=7a66eec3cddc73d4ff83d5ffa075478d54d158d8)\n\n\\#2) - **Cardano Network DEX comparisons**\n\n( Begins around the **1mins 45secs** time mark )\n\n[Excel Spreadsheet with Cardano Network Decentralized Exchange Comparisons](https://preview.redd.it/akpd16ftm1d71.jpg?width=1013&format=pjpg&auto=webp&s=67276c89b52da8ff9973593f00cada86ae18f641)\n\n\\#3) - **CoinGecko Price Details**\n\n( Begins around the **1mins 55secs** time mark )\n\n[CoinGecko.com Adax price page](https://preview.redd.it/l2evz97sn1d71.jpg?width=1014&format=pjpg&auto=webp&s=96f0a34bc3d850de78f48c11105e5a054dd67b83)\n\n\\#4) - **CoinMarketCap Price Details**\n\n( Begins around the **3mins 17secs** time mark )\n\n[CoinMarketCap.com Adax page](https://preview.redd.it/hrljs07yr1d71.jpg?width=1011&format=pjpg&auto=webp&s=5c28c1e480bd8af396f63e30b4a7fdabf3f52df4)\n\n\\#5) - **ExMarkets Trade Talks**\n\n( Begins around the **3mins 30secs** time mark )\n\n[ExMarkets.com Adax\\/Usdt trading pair page](https://preview.redd.it/16oasho4o1d71.jpg?width=1012&format=pjpg&auto=webp&s=f60b2d428415891f958b4cabeb9c315ef523cb9f)\n\n\\#6) - **Staking Options**\n\n( Begins around the **5mins 43secs** time mark )\n\n[ExMarkets Adax Staking options web page](https://preview.redd.it/bp6zewe4m1d71.jpg?width=1016&format=pjpg&auto=webp&s=ca8937b5317589ee9de26ffb0a13ec0fb30174cb)\n\n\\#7) - **Twitter Insights**\n\n( Begins around the **10mins 56secs** time mark )\n\n[Twitter main page for Adax Pro](https://preview.redd.it/81elo4uro1d71.jpg?width=858&format=pjpg&auto=webp&s=7fa349eb7e5106e72e3a84a1fd9723429cecce06)\n\n\\#8) - **"Learn Cardano" Interview with (Cross-chain DEX ) ADAX Pro\'s CMO Dovydas Petkevičius**\n\n( Begins around the **11mins 12secs** time mark )\n\n[\\\\"Learn Cardano\\\\" Interview with \\(Cross-chain DEX \\) ADAX Pro\'s CMO Dovydas Petkevičius](https://preview.redd.it/pu1tdbnvp1d71.jpg?width=1005&format=pjpg&auto=webp&s=fac21708bf0d4f6bc01424ab09310bc9a5d47684)\n\n\\#9) - **Roger Ver Partnership**\n\n( Begins around the **12mins 51secs** time mark )\n\n[Adax Pro - Roger Ver Partnership Tweet](https://preview.redd.it/w2s3frl9t1d71.jpg?width=859&format=pjpg&auto=webp&s=1a750838085cdbcf74cc7204bb6d28fe9db5aec4)\n\nhttps://preview.redd.it/4d1gewjrmed71.jpg?width=968&format=pjpg&auto=webp&s=663bd3340a292a1e2f45283cc50a8ef29ec24c3f\n\nhttps://preview.redd.it/mip7xiwlmed71.jpg?width=942&format=pjpg&auto=webp&s=b8c6b0c00f4d611c8a0321ce0a64ad30ad102684\n\n**Some helpful links:**\n\n​\n\n\\*\\*\\*\\*\\* [**PLATFORM PREVIEW*... 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 1.87% on Saturday. Following a 4.11% rally on Friday, Bitcoin ended the day at $34,279.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,422.0 before making a move. Steering clear of the first major support level at $32,572, Bitcoin rallied to a late afternoon intraday high $34,527.0. Bitcoin broke through the first major resistance level at $34,177 before a pullback to $33,700 levels. Late in the day, however, Bitcoin broke back through the first major resistance level to end the day at $ $34,200 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum rose by 2.83% to lead the way, with Cardano’s ADA (+2.11%) and Crypto.com Coin (+2.54%) close behind. Binance Coin (+0.78%), Chainlink (+1.26%), Litecoin (+1.46%), Polkadot (+0.83%), and Ripple’s XRP (+0.01%) trailed the front runners, however, with modest gains. Bitcoin Cash SV ended the day flat. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Saturday high $1,410bn. At the time of writing, the total market cap stood at $1,371bn. Bitcoin’s dominance rose to a Tuesday high 47.63% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.48%. This Morning At the time of writing, Bitcoin was down by 0.91% to $33,966.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,486.0 before falling to a low $33,951.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 0.18%. It was a bearish day for the rest of the majors, however. At the time of writing, Chainlink was down by 2.43% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $34,076 pivot to bring the first major resistance level at $34,730 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $34,527.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $35,000 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 $35,181. Failure to move back through the $34,076 pivot would bring the first major support level at $33,625 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,971 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 24th, 2021 USD/CAD Exchange Rate Prediction – USD/CAD Rises Slightly Despite Better than Expected Canadian Retail Sales The Crypto Daily – Movers and Shakers – July 25th, 2021 The Crypto Daily – Movers and Shakers – July 24th, 2021 S&P 500 Price Forecast – Stock Markets Continue to Make All-Time Highs Silver Weekly Price Forecast – Silver Markets Pull Back to 50 Week EMA', 'Bitcoin , BTC to USD, rose by 1.87% on Saturday. Following a 4.11% rally on Friday, Bitcoin ended the day at $34,279.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,422.0 before making a move. Steering clear of the first major support level at $32,572, Bitcoin rallied to a late afternoon intraday high $34,527.0. Bitcoin broke through the first major resistance level at $34,177 before a pullback to $33,700 levels. Late in the day, however, Bitcoin broke back through the first major resistance level to end the day at $ $34,200 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum rose by 2.83% to lead the way, with Cardano’s ADA (+2.11%) and Crypto.com Coin (+2.54%) close behind. Binance Coin (+0.78%), Chainlink (+1.26%), Litecoin (+1.46%), Polkadot (+0.83%), and Ripple’s XRP (+0.01%) trailed the front runners, however, with modest gains. Bitcoin Cash SV ended the day flat. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Saturday high $1,410bn. At the time of writing, the total market cap stood at $1,371bn. Bitcoin’s dominance rose to a Tuesday high 47.63% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.48%. This Morning At the time of writing, Bitcoin was down by 0.91% to $33,966.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,486.0 before falling to a low $33,951.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 0.18%. It was a bearish day for the rest of the majors, however. At the time of writing, Chainlink was down by 2.43% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $34,076 pivot to bring the first major resistance level at $34,730 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $34,527.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $35,000 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 $35,181. Failure to move back through the $34,076 pivot would bring the first major support level at $33,625 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,971 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 24th, 2021 USD/CAD Exchange Rate Prediction – USD/CAD Rises Slightly Despite Better than Expected Canadian Retail Sales The Crypto Daily – Movers and Shakers – July 25th, 2021 The Crypto Daily – Movers and Shakers – July 24th, 2021 S&P 500 Price Forecast – Stock Markets Continue to Make All-Time Highs Silver Weekly Price Forecast – Silver Markets Pull Back to 50 Week EMA', "Square's CEO, Jack Dorsey, is a big believer in the future of bitcoin. That's why Square (SQ) has been investing both directly and indirectly in digital currency. The company invested $50.0 million and $170.0 million in bitcoin in the fourth quarter of 2020 and the first quarter of 2021, respectively, doubling down as the price of the digital currency dropped.\nMeanwhile, Square has been investing in technology that eases bitcoin transactions. For example, its Cash App allows peer-to-peer bitcoin transactions, which generate a big chunk of Square's revenues.\nThe trouble is that Square's big bet on bitcoin exposes the company to price and transaction risk. (SeeSquare stock chartson TipRanks)\nBitcoin is a highly volatile investment, with its price rising and falling in double digits in days and even hours, meaning that investors can make and lose fortunes very quickly.\nCompounding bitcoin's volatility are accounting rules that treat thedigital currencyas an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale.\nAs of March 31, 2021, the fair value of the bitcoin investment was $472.0 million, based on observable market prices resulting in $271.9 million in unrecognized gains. That is according to Square's last financial statements, which were published in May. In addition, the company recorded an impairment charge of $19.9 million in the three months ended March 31, 2021, due to fluctuations in the market price of bitcoin observed during the period.\nHow big can the bitcoin price risk be for Square, going forward? According to its estimates, a hypothetical 10% increase or decrease in the market price of bitcoin as of March 31, 2021, would have resulted in an approximately $20.0 million increase or decrease in the value of the bitcoin investment. Any changes to the carrying value of bitcoin assets are recorded in operating expenses in the condensed consolidated statements of operations.\nBitcoin transactions account for 80% of Square's $5.06 billion revenue for the first quarter of 2021, with bitcoin trading contributing $3.5 billion, or 70% of the total, up from 56% in the fourth quarter of 2020 .\nSquare's reliance on bitcoin transactions for its revenue growth exposes the company to significant risks, should bitcoin suffer another crash and transactions dry up.\nWall Street has begun to factor in this possibility, with Square's shares lagging behind Paypal (PYPL), Visa (V), and Master Card (MA) shares thus far this year.\nMeanwhile, the vast majority of analysts seem to be unfazed by this prospect. Seventeen out of the 22 analysts following the stock rate it a Buy, 4 rate it a Hold, and only one analyst rates it a Sell. Theaverage Square price targetis $285.42, implying an upside of 8.1%.\nSquare's big bet onbitcoin exposesthe company to both price and transaction risks, which could be devastated if the digital currency were to suffer another crash, enter a bear market, or descend to obscurity under the pressure of heavy-handed regulations by governments around the globe.\nWhile such a prospect could kill Square's growth mome **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: 2021-07-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $646,770,190,000 - Hash Rate: 103989257.2192314 - Transaction Count: 174535.0 - Unique Addresses: 440908.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrencies have skyrocketed in popularity recently and this trend shows no signs of slowing. Given all the talk around these digital assets, you might be wondering whether now is the time to invest. But before pulling the trigger, it’s always a good idea to have anunderstanding of the underlying asset. Cryptocurrency is no exception and it is quite different than investing in stocks or bonds. Show Support:It’s Not Too Late To Nominate Your Favorite Small Business To Be Featured on GOBankingRates — Extended to June 5 Therefore, we will cover a popular blockchain technology called Ethereum (ETH). Like many blockchains, Ethereum has a native coin called ether. Let’s take a closer look at what Ethereum is and whether you should consider investing. Read:Dogecoin: Is It a Worthwhile Investment? Ethereum is an open-source, decentralizedblockchain technology. Ethereum’s native coin is called ether. This coin is one of the largest cryptocurrencies by market capitalization, second only to Bitcoin (BTC). Although ether has a smaller market cap than Bitcoin, Ethereum is the most widely-used blockchain. See:What Is Chainlink and Why Is It Important in the World of Cryptocurrency? One thing that is important to understand about Ethereum is that it is not the same as Bitcoin. Whereas Bitcoin’s purpose is primarily to be a digital currency, Ethereum is much broader. In fact, Ethereum is an open-source operating system and computing platform. It also supports distributed applications (dApps) and smart contracts. Another key aspect of Ethereum is that it enables decentralized finance, which is an important part of how the system works. Because the system is inherently decentralized, there is not a single entity controlling it or the value of ether. More:How the IRS Taxes Cryptocurrency – and the Loophole That Can Lower Your Tax Bill Like many cryptocurrencies, the price of ether has fluctuated greatly since it launched in 2015. Back then, its price was around $1 and stayed there for several months. The price reached $1,358 in January 2018, its highest price ever at the time. The price began to fall, as did the price of many cryptocurrencies; ether bottomed out at $83 in December 2018. The price has ebbed and flowed since then but has risen overall. At the beginning of April 2020, the price was around $140; and as of May 18, it is at around $3,349, according to Coindesk. That’s a pretty hefty increase in just over a year. Read:Breaking Down the Basics of Cryptocurrency If you decide to invest in ether (and therefore, in Ethereum), you should first ask yourself why you are investing. Although the price of the coin has risen substantially over the past year, it can be extremely volatile. Thus, if you buy ether simply hoping the price will rise, you may end up frustrated. On the other hand, the Etherum blockchain can be used for many different applications, said Tally Greenberg, head of business development at Allnodes. “Ether is the cryptocurrency required for any transaction made on Ethereum, a blockchain network of applications. A blockchain, on the other hand, is a technology with limitless potential. It doesn’t rest on Ethereum alone and can be used to make a difference in our future with or without cryptocurrencies.” See:10 Best Cryptocurrencies To Invest in for 2021 Sam Bretzmann, the owner ofBlocklink, agrees with this sentiment. “The difference here is that instead of investing in individual projects which may or may not make it, you can invest in the infrastructure. You can think about it like this, go back to 1999, and instead of having to try and pick which up and coming businesses will survive, you get to just pick ‘the internet’ and invest in that.” This article is part of GOBankingRates’ ‘Economy Explained’ series to help readers navigate the complexities of our financial system. More From GOBankingRates • Jaw-Dropping Stats About the State of Retirement in America • Big Personal Goals That You Should Put Your Money Toward • 20 Home Renovations That Will Hurt Your Home’s Value • 27 Things You Should Never Do With Your Money Last updated: May 18 2021 This article originally appeared onGOBankingRates.com:Ethereum: All You Need To Know To Decide If This Crypto Is Worth the Investment... - 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:** ["In this article, we discuss the 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the5 Most-Shorted Stocks Reddit's WallStreetBets Is Paying Attention To.\nReddit forum WallStreetBets, with a user base of well over 10.7 million and growing, rose to prominence in the finance world after it was identified as a key social hub frequented by retail investors in the GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) short squeeze at the beginning of this year. Since December 2020, when it had just 1.8 million members, the forum has increased in popularity and influence, sparking appeals for regulation around social media speculation and memeification of the stock market.\nSome of the stocks presently popular on WallStreetBets include Tesla, Inc. (NASDAQ:TSLA), Apple Inc. (NASDAQ:AAPL), The Goldman Sachs Group, Inc. (NYSE:GS), Shopify Inc. (NYSE:SHOP), Bank of America Corporation (NYSE:BAC), and NVIDIA Corporation (NASDAQ:NVDA), among others. In addition to these, firms like GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) also continue to occupy the interest of retail investors months after frustrating short-selling attempts by hedge funds.\nStocks with high short interests remain some of the most discussed on the Reddit forum. As hedge funds track Reddit data in real-time to avoid the losses incurred earlier this year, a pattern is beginning to emerge. News publicationBusiness Insiderreportsthat conversations around meme stocks, apart from ones with fervent fan bases, tend to be short-lived and one-time occurrences. In simple words, investors should note that stocks with high short interest only stay popular on the forum for a short time and then lose appeal.\nThis aligns largely with an earlierreportbyNew York Postthat claimed that hedge funds that had been hit hard by the January short squeezes had bounced back in February, reporting gains that more than offset the losses. The complete list of hedge funds that benefited from the meme stock craze is availablehere. It remains to be seen whether retail investors can take on big finance for the second time in less than a year. Traders are fervently searching for the next GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) already.\nThe entire hedge fund industry is feeling the reverberations of the changing financial landscape. 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 124 percentage points since March 2017. Between March 2017 and May 29th 2021 our monthly newsletter’s stock picks returned 206.8%, vs. 91.0% for the SPY. Our stock picks outperformed the market by more than 115 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.\nPhoto byMohamed HadjionUnsplash\nWith this context in mind, here is our list of the 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. These were ranked keeping in mind the float shorted, the number of mentions on Reddit, analyst ratings, business fundamentals, and hedge fund sentiment around each.\nNumber of Hedge Fund Holders: 22\nFloat Shorted: 23.7%\nFisker Inc. (NYSE: FSR) is placed tenth on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The stock has returned 19% to investors over the past year. The firm makes and sells electric vehicles and is based in California. On June 30, the firm announced that it had partnered with Magna International to open a car manufacturing facility in Austria that would help the company speed up the development of Fisker Ocean SUVs. The company has a market cap of over $4.7 billion.\nOn June 8, investment advisory RBC Capital initiated coverage on Fisker Inc. (NYSE: FSR) stock with an Outperform rating and a price target of $27, noting that the plan by the firm to use third parties for electric vehicle manufacture was differentiated from others in the business.\nAt the end of the first quarter of 2021, 22 hedge funds in the database of Insider Monkey held stakes worth $337 million in Fisker Inc. (NYSE: FSR), down from 18 in the previous quarter worth $146 million.\nJust like GameStop Corp. (NYSE: GME), AMC Entertainment Holdings, Inc. (NYSE: AMC), Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), The Goldman Sachs Group, Inc. (NYSE: GS), Shopify Inc. (NYSE: SHOP), Bank of America Corporation (NYSE: BAC), and NVIDIA Corporation (NASDAQ: NVDA), Fisker Inc. (NYSE: FSR) is one of the stocks Reddit's WallStreetBets is paying attention to.\nNumber of Hedge Fund Holders: 12\nFloat Shorted: 24.2%\nRiot Blockchain, Inc. (NASDAQ: RIOT) is a Colorado-based firm that focuses on cryptocurrency mining. It is ranked ninth on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The company’s shares have returned 1,165% to investors over the past twelve months. On July 1, investment advisory B Riley boosted the price target of the stock to $51 from $45. The advisory maintained a Buy rating on the shares in the update, underlining that the crypto crackdown in China would benefit North American miners.\nOn July 8, Riot Blockchain, Inc. (NASDAQ: RIOT) announced coin production results for the month of June, revealing that it had mined 243 Bitcoin during the month, up from 48 in June 2020, representing a year-over-year increase of 406%.\nOut of the hedge funds being tracked by Insider Monkey, Chicago-based investment firmCitadel Investment Groupis a leading shareholder in Riot Blockchain, Inc. (NASDAQ: RIOT) with 2.2 million shares worth more than $120 million.\nAlongside GameStop Corp. (NYSE: GME), AMC Entertainment Holdings, Inc. (NYSE: AMC), Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), The Goldman Sachs Group, Inc. (NYSE: GS), Shopify Inc. (NYSE: SHOP), Bank of America Corporation (NYSE: BAC), and NVIDIA Corporation (NASDAQ: NVDA), Riot Blockchain, Inc. (NASDAQ: RIOT) is one of the stocks Reddit's WallStreetBets is paying attention to.\nNumber of Hedge Fund Holders: 13\nFloat Shorted: 24.2%\nThe GEO Group, Inc. (NYSE: GEO) stock has returned 13% to investors over the past three months. It is placed eighth on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The firm operates as a real estate investment trust. It is based in Florida. On June 17, the share price of the firm jumped more than 6% after the CEO of the company bought more than 166,000 shares in the firm, increasing his total holdings to close to 3 million shares. The CEO bought the shares at $6.75 per share.\nOn June 8, investment advisory Wedbush initiated coverage of The GEO Group, Inc. (NYSE: GEO) stock with a Neutral rating and a price target of $7, highlighting the operating profitability and cash flows as growth catalysts but cautioning against political opposition to the business.\nAt the end of the first quarter of 2021, 13 hedge funds in the database of Insider Monkey held stakes worth $725 million in The GEO Group, Inc. (NYSE: GEO), down from 18 in the previous quarter worth $610 million.\nIn addition to GameStop Corp. (NYSE: GME), AMC Entertainment Holdings, Inc. (NYSE: AMC), Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), The Goldman Sachs Group, Inc. (NYSE: GS), Shopify Inc. (NYSE: SHOP), Bank of America Corporation (NYSE: BAC), and NVIDIA Corporation (NASDAQ: NVDA), The GEO Group, Inc. (NYSE: GEO) is one of the stocks Reddit's WallStreetBets is paying attention to.\nIn its Q1 2021 investor letter,Miller Value Partners, an asset management firm, highlighted a few stocks and The GEO Group, Inc. (NYSE:GEO) was one of them.Hereis what the fund said:\n“GEO Group (GEO) declined 9.8% during the period as President Biden’s Executive Order directing the Department of Justice not to renew contracts with private prisons at the Federal level offset solid Q4 results. GEO reported Q4 revenue of $578.1M, in-line with consensus while EBITDA of $107.9M topped estimates of $87.7M by 23%. Adjusted Funds from Operations (AFFO) of $0.62/share fell 6% Y/Y and provided coverage of 2.5x on the quarterly dividend of $0.25/share (13.5% annualized yield). The company exited the quarter with ample liquidity of $420M and remains committed to paying down $75M-$100M of debt annually. Management introduced 2021 guidance with revenue of $2.24Bn-$2.27Bn, EBITDA of $386M-$400M, and AFFO of $1.98-$2.08, all of which assumes Bureau of Prison contracts with optional expiration periods in 2021 will not be renewed. Additionally, GEO announced a $200M convertible notes offering due 2026 with net proceeds funding the redemption of the 5.875% unsecured notes due 2022.”\nNumber of Hedge Fund Holders: 7\nFloat Shorted: 24.3%\nSundial Growers Inc. (NASDAQ: SNDL) is ranked seventh on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The company’s shares have offered investors returns exceeding 68% over the course of the past six months. The firm makes and sells cannabis products. The stock stands to benefit from the recent hype around a federal marijuana legalization bill. It could also improve sales numbers as more internet-based platforms open up to cannabis products. Apple recently allowed marijuana delivery apps on the App Store.\nOn July 25, investment advisory ATB Capital upgraded Sundial Growers Inc. (NASDAQ: SNDL) stock to Sector Perform from Underperform, raising the price target to 80c from 50c. The rating update was issued after the cannabis firm closed the purchase of Inner Spirit H **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: 2021-07-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $724,415,799,262 - Hash Rate: 101950252.17571706 - Transaction Count: 261950.0 - Unique Addresses: 644448.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Automated crypto trading app Coinseed announced Tuesday it will cease operations because of a lawsuit from New York Attorney General Letitia James. The lawsuit , which was originally filed in February, accused Coinseed of swindling its users of $1 million through an unregistered initial coin offering (ICO) in 2018. The suit also accused Coinseed of charging customers hidden fees and making false claims. James’ lawsuit also alleged Coinseed, which does not have a BitLicense or federal clearance, of operating as an unregistered commodities broker-dealer. The closure comes as federal and state regulators target crypto firms that are allegedly operating in bad faith. Late last month, U.S. officials hit five promoters of Bitconnect with securities fraud charges . Related: El Salvador Residents Are Split on Bitcoin Adoption Bill In May, James filed a court motion to shut down Coinseed’s operations and freeze its trading activity. New York State Supreme Court Judge Andrew Borrok appointed Washington, D.C.-based attorney Michelle Gitlitz as the company’s receiver. On Monday, James received a court order to shut down Coinseed. “When platforms operating illegally in New York seek to trade on investors’ money, we will use every tool at our disposal to stop their unlawful actions,” James said in a statement released Monday. “This order appoints a court-appointed receiver before any other investments are squandered by Coinseed and its CEO.” Coinseed strikes back Coinseed CEO Delgerdalai Davaasambuu responded with a lengthy statement posted on Coinseed’s website , calling the shutdown “immensely mournful and frustrating.” Davaasambuu denied the claims made in James’ lawsuit, saying the company’s only mistake was “simply living in New York.” Related: Basel Committee Says It Will Study Crypto-Asset Rules Davaasambuu also wrote that the company has not received any complaints from its users, despite James’ claim that the New York state attorney general’s office had received more than 170 complaints since it filed the suit in February. Several complaints alleged that users’ crypto balances were converted to dogecoin without their consent, including one user who said his $48,000 position in various cryptocurrencies became $31,000 in DOGE overnight. Story continues In a postscript at the end of his statement, Davaasambuu appeared to address these allegations, writing: “As for the Dogecoin, I’m good at trolling!” In his statement, Davaasambuu said Coinseed doesn’t have the financial resources to fight the charges and is interviewing law firms to figure out how to return users’ funds. Davaasambuu also encouraged users and supporters to “please annoy the NYAG as much as you can.” After news of the shutdown, the Coinseed landing page features a countdown for the drop of a free token called FLJ (“F***LetitaJames”), which the website says will soon be listed on various decentralized finance platforms. Related Stories Texas Governor Signs Law Creating Legal Framework for Crypto Investments New York Judge May Require Embattled Trading App Coinseed to Halt Operations... - 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 Alun John HONG KONG, July 27 (Reuters) - Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reserve meets on policy this week. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.26% after touching its lowest level since mid-December on Monday, weighed down by big Chinese stocks. Japan\'s Nikkei rose 0.58%. Mainland Chinese and Hong Kong markets recovered a little from their lowest level this year on Monday, when investor worries over government regulations had battered stocks, especially in the education, property and tech sectors. Chinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down. Upcoming events across the Pacific also were on investors\' minds. "It\'s profits and the Fed. The next couple of days are going to be monumental as everyone tries to figure out how strong corporate fundamentals are at the moment and in what context that is happening in terms of the economic outlook and policy settings," said Kyle Rodda, market analyst at IG Markets Alphabet Inc, Apple Inc and Microsoft Corp < MSFT.O> are set to publish quarterly results late on Tuesday, with Amazon.com Inc\'s due later in the week. In addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to parse a statement and press conference from Fed Chair Jerome Powell due late Wednesday. They will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections. All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday, but S&P 500 futures dropped 0.14%. The looming Fed meeting kept a dampener on major moves in other asset classes. The dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in COVID-19 cases in the UK. Story continues U.S. Treasury yields rose in early Asian trading on Tuesday, following a choppy Monday. The yield on benchmark 10-year Treasury notes was 1.2829% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2114% compared with a U.S. close of 0.196%. Gold was slightly higher, with spot gold trading at $1797.2791 per ounce, while U.S. crude ticked up 0.1% to $71.98 a barrel. Bitcoin dropped to below $37,000 from a Monday peak of $40,581 after Amazon.com offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies. (Reporting by Alun John; Editing by Lincoln Feast.)', 'By Alun John\nHONG KONG, July 27 (Reuters) - Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reserve meets on policy this week.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.26% after touching its lowest level since mid-December on Monday, weighed down by big Chinese stocks.\nJapan\'s Nikkei rose 0.58%.\nMainland Chinese and Hong Kong markets recovered a little from their lowest level this year on Monday, when investor worries over government regulations had battered stocks, especially in the education, property and tech sectors.\nChinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down.\nUpcoming events across the Pacific also were on investors\' minds.\n"It\'s profits and the Fed. The next couple of days are going to be monumental as everyone tries to figure out how strong corporate fundamentals are at the moment and in what context that is happening in terms of the economic outlook and policy settings," said Kyle Rodda, market analyst at IG Markets\nAlphabet Inc, Apple Inc and Microsoft Corp < MSFT.O> are set to publish quarterly results late on Tuesday, with Amazon.com Inc\'s due later in the week.\nIn addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to parse a statement and press conference from Fed Chair Jerome Powell due late Wednesday.\nThey will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections.\nAll three major U.S. stock indexes eked out record closing highs for a second straight session on Monday, but S&P 500 futures dropped 0.14%.\nThe looming Fed meeting kept a dampener on major moves in other asset classes.\nThe dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in COVID-19 cases in the UK.\nU.S. Treasury yields rose in early Asian trading on Tuesday, following a choppy Monday.\nThe yield on benchmark 10-year Treasury notes was 1.2829% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2114% compared with a U.S. close of 0.196%.\nGold was slightly higher, with spot gold trading at $1797.2791 per ounce, while U.S. crude ticked up 0.1% to $71.98 a barrel.\nBitcoin dropped to below $37,000 from a Monday peak of $40,581 after Amazon.com offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.\n(Reporting by Alun John; Editing by Lincoln Feast.)', 'By Koh Gui Qing\nNEW YORK (Reuters) -U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and the Federal Reserve\'s policy meeting put investors on guard and drove profit taking.\nUnsettled by events in China overnight, where share prices skidded on concerns about the impact of a recent tightening in government regulations, global stock markets pulled back on Tuesday as volatility spiked.\nIn the United States, investors turned cautious as they awaited the Fed\'s policy statement at the close of its two-day meeting, which began on Tuesday.\nAll eyes will be on what Fed Chair Jerome Powell says at a post-meeting news conference on Wednesday at 2 p.m. EDT (1800 GMT), especially in relation to inflation, economic growth, interest rates and when the Fed will likely start reducing its purchases of government bonds.\nSome investors worry that the fast-spreading Delta variant of the coronavirus may thwart the global economic recovery, at a time when inflation in countries such as the United States has accelerated faster than expected. A stalled economic recovery and rising price pressures would complicate monetary policy, and force central banks to balance the objectives of supporting growth and tempering price rises.\n"There is some concern over where we are on monetary policy," said Peter Kenny, founder of Kenny’s Commentary LLC and Strategic Board Solutions Llc in New York.\n"There\'s no question that the Fed is going to address the elephant in the room, and that is inflation," Kenny said. "It appears that inflation is not transitory."\nAnalysts agree that low interest rates are generally a boon for equities and any sign of a faster-than-expected tightening in the Fed\'s policy - whether raising interest rates or tapering bond purchases - could rattle the stock market.\nThe Dow Jones Industrial Average ended down 0.2% at 35,059 points, and the S&P 500 shed 0.5% to end at 4,401 points. The Nasdaq Composite slid 1.2% to 14,660 points, its biggest one-day drop since May 12, hurt by some bets that the earnings growth of tech stocks is already priced into valuations.\nThe pan-European STOXX 600 index finished 0.54% lower and MSCI\'s gauge of stocks across the globe shed 0.81%.\nStill, losses on Wall Street and in Europe were modest compared with overnight declines in China. The blue-chip Chinese CSI300 index plunged 3.5%, while the Hang Seng Tech index tumbled almost 8%, losing a whopping 17% in just three days. [.SS]\nIn keeping with the muted mood in markets, the yield on 10-year Treasury inflation-protected securities (TIPS) hit an all-time low of -1.147% before rebounding to -1.129%. [US/]\nReal, or inflation-adjusted, bond yields across major economies have fallen in recent sessions, which analysts attribute to growing concern about the economic outlook, as well as technical factors such as hefty bond-buying by central banks.\nThe yield on 10-year Treasury notes was down at 1.238%.\nCurrency investors also played it safe before the Fed meeting outcome. The dollar, which has risen broadly for more than a month on expectations that, as the economy strengthened, the Fed would tighten its policies, gave up some gains on Tuesday as investors shunned big bets before Powell\'s remarks.\nThe dollar index fell 0.17%, and a softer dollar lifted the euro by 0.16% to $1.1821.[USD/]\nThe somber mood led oil prices to give up earlier gains. U.S. crude settled 0.36% lower at $71.65 per barrel and Brent was at $74.48, down 0.03% on the day.\nThe slight risk aversion amongst investors benefited bullion. Spot gold added 0.1% to $1,799.64 an ounce. U.S. gold futures gained 0.28% to $1,799.50 an ounce. [GOL/]\nCryptocurrencies, a barometer of investors\' risk appetites, also succumbed to the cautious overtone in markets and pared earlier gains.\nBitcoin last rose 1.8% to $37,960.44, recouping some losses after Amazon.com Inc offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.\n(Reporting by Koh Gui Qing; additional reporting by Carolyn Cohn, Dhara Ranasinghe, Sujata Rao in London and Alun John in Hong Kong; editing by Steve Orlofsky, Leslie Adler and Jonathan Oatis)', 'By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and the Federal Reserve\'s policy meeting put investors on guard **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: 2021-07-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $723,977,306,169 - Hash Rate: 115543619.13247934 - Transaction Count: 255221.0 - Unique Addresses: 600692.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.32 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A look at on-chain indicators for Bitcoin (BTC), more specifically Coin Days Destroyed (CDD), in order to determine the age of coins that are currently being sold in the market. CDD has fallen to a new yearly low, suggesting that mostly new coins are being sold in the market. Short-term holders are incurring very significant losses. CDD is an indicator that measures the amount of days a coin is unspent prior to a transaction. A “coin day” is accumulated on every day that the coin is unspent. After the transaction, these coins are destroyed. The CDD value is the total coin days that are destroyed in a specified day. The supply-adjusted CDD divides the value by the circulating supply, in order to provide a more accurate reading. It has been consistently decreasing since Jan. 8, when it reached a high of 1.98. It hovered around 0.6-1 until the end of May, while it is currently at a yearly low of 0.25. This suggests that theselling is not being drivenby long-term holders. This is also visible when looking at losses incurred by short-term holders (light red), which is at a yearly high. Conversely, long-term holders are barely incurring any losses at all (light blue). The short-term holderSOPRalso shows one of the highest losses in the entire BTC price history. Coin Years Destroyed (CYD) is a 365-day rolling sun of CDD. It is also used to visualize the behavior of long-term holders. It is currently at 247, values close to those in the end of 2019, and much lower than the 2018 top. Binary Coin Days Destroyed (Binary CDD) is computed by taking the average CDD, and comparing it to the daily CDD. A value of 1 is given is the daily CDD is higher than the average, and a value of 0 is given if it is low. Since June 1, only four days have had higher than average CDD. This means that less and less long-term holders are selling. For BeInCrypto’s latestbitcoin(BTC) analysis,click here.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 6.00% on Tuesday. Following a 5.24% gain on Monday, Bitcoin ended the day at $39,500.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $36,418.0 before making a move. Steering clear of the first major support level at $34,804, Bitcoin rallied to a late intraday high $39,589.0. In spite of the late rally, Bitcoin fell short of the first major resistance level at $40,166. The near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Polkadot slid by 2.64%, with Crypto.com Coin falling by 0.50% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Chainlink rallied by 7.74% to lead the way once more. Binance Coin (+3.21%), Bitcoin Cash SV (+4.06%), Ethereum (+3.23%), Litecoin (+2.78%), and Ripple’s XRP (+3.44%) also found strong support. Cardano’s ADA (+2.00%) and trailed the front runners, however. Early in the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,605bn. At the time of writing, the total market cap stood at $1,517bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to an early Wednesday high 48.79%. At the time of writing, Bitcoin’s dominance stood at 48.77%. This Morning At the time of writing, Bitcoin was down by 0.54% to $39,285.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,590.4 before falling to a low $39,095.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin (+2.51%), Polkadot (+0.44%), and Ripple’s XRP (+0.21%) found early support. It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink was down by 0.71% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid the $38,502 pivot to bring the first major resistance level at $40,587 into play. Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based 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 the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,673. A fall through the $38,502 pivot would bring the first major support level at $37,416 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,331. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Slide on Profit Taking Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 28th, 2021 Robust Earnings, Revenue Numbers from Alphabet, Apple, Microsoft After-Bell Fail to Turn NASDAQ Futures Green Oil Price Fundamental Daily Forecast – There’s Been Much Focus on Tight Supply, but Demand is the Wildcard Asia-Pacific Shares Called Mixed to Lower on Opening; Investors Hoping for US Tech Stock Bailout The Crypto Daily – Movers and Shakers – July 28th, 2021', 'Bitcoin, BTC to USD, rallied by 6.00% on Tuesday. Following a 5.24% gain on Monday, Bitcoin ended the day at $39,500.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $36,418.0 before making a move.\nSteering clear of the first major support level at $34,804, Bitcoin rallied to a late intraday high $39,589.0.\nIn spite of the late rally, Bitcoin fell short of the first major resistance level at $40,166.\nThe near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nPolkadot slid by 2.64%, withCrypto.com Coinfalling by 0.50% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nChainlinkrallied by 7.74% to lead the way once more.\nBinance Coin(+3.21%),Bitcoin Cash SV(+4.06%),Ethereum(+3.23%),Litecoin(+2.78%), andRipple’s XRP(+3.44%) also found strong support.\nCardano’s ADA(+2.00%) and trailed the front runners, however.\nEarly in the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,605bn. At the time of writing, the total market cap stood at $1,517bn.\nBitcoin’s dominance fell to a Monday low 47.07% before jumping to an early Wednesday high 48.79%. At the time of writing, Bitcoin’s dominance stood at 48.77%.\nAt the time of writing, Bitcoin was down by 0.54% to $39,285.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,590.4 before falling to a low $39,095.6.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin (+2.51%), Polkadot (+0.44%), and Ripple’s XRP (+0.21%) found early support.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 0.71% to lead the way down.\nBitcoin would need to avoid the $38,502 pivot to bring the first major resistance level at $40,587 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $40,000 levels.\nBarring a broad-based 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 the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,673.\nA fall through the $38,502 pivot would bring the first major support level at $37,416 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,331.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Slide on Profit Taking\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 28th, 2021\n• Robust Earnings, Revenue Numbers from Alphabet, Apple, Microsoft After-Bell Fail to Turn NASDAQ Futures Green\n• Oil Price Fundamental Daily Forecast – There’s Been Much Focus on Tight Supply, but Demand is the Wildcard\n• Asia-Pacific Shares Called Mixed to Lower on Opening; Investors Hoping for US Tech Stock Bailout\n• The Crypto Daily – Movers and Shakers – July 28th, 2021', 'By John McCrank and Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar eased on Wednesday after the U.S. Federal Reserve said the economic recovery is on track despite a rise in COVID-19 infections in a policy statement that was upbeat but did not set a timeline for tapering Fed asset purchase. While daily U.S. COVID-19 infections have quadrupled since the last Fed meeting in June, the central bank indicated it still had faith that an ongoing vaccination drive would "reduce the effect of the public health crisis on the economy" and allow a robust reopening to proceed. Fed policymakers, in a unanimous statement, also said they were moving ahead with discussions about when to reduce the central bank\'s $120 billion in monthly bond purchases, a precursor to eventually raising interest rates. "The statement dropped hints at the conversation around tapering large scale asset purchases, but did not commit to any future plans beyond continuing to assess the situation," said James Marple, senior economist at TD Economics. "We expect a more fulsome discussion at the Jackson Hole summit in late August and plans around tapering may be reflected in the September statement when new economic forecasts will also be released," Marple added. The dollar index, which measures the greenback against a basket of six currencies, was 0.149% lower at 92.324, easing off after initially spiking up to 92.766 after the Fed statement was released. The greenback has rallied for the past month, with the dollar index up about 2.3% since a hawkish shift from the U.S. central bank in its June meeting. "Going into the FOMC decision today, the market was tilting a little bit toward a hawkish dollar and I think some slight changes, in my opinion, substantiates that hawkish tilt," said Minh Trang, senior FX trader at Silicon Valley Bank. The language on COVID-19 and the effect on the economy "has been slightly, slightly softened a little bit from the Fed\'s perspective," Trang added. Story continues Elsewhere, the British pound was up 0.15% at 1.3904, holding near a two-week high, with analysts attributing its firm tone to COVID-19 cases in Britain declining over the past seven days. The Chinese yuan pulled away from three-month lows hit on Tuesday, when it experienced its biggest daily losses since October, after the country\'s stock market stabilized following a bruising couple of days. The yuan\'s bounce was modest, however, and the risk-sensitive Australian and New Zealand dollars were both subdued as sentiment remained fragile. Bitcoin was up 2.3% at $40,381.88, having broken above $40,000 two days ago for the first time in about six weeks, as short sellers bailed out and traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors. (Reporting by John McCrank and Saqib Iqbal Ahmed in New York; Editing by Catherine Evans, Will Dunham and Jonathan Oatis)', 'By John McCrank and Saqib Iqbal Ahmed\nNEW YORK (Reuters) - The dollar eased on Wednesday after the U.S. Federal Reserve said the economic recovery is on track despite a rise in COVID-19 infections in a policy statement that was upbeat but did not set a timeline for tapering Fed asset purchase.\nWhile daily U.S. COVID-19 infections have quadrupled since the last Fed meeting in June, the central bank indicated it still had faith that an ongoing vaccination drive would "reduce the effect of the public h **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: 2021-07-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $748,481,560,425 - Hash Rate: 106707930.61058386 - Transaction Count: 251223.0 - Unique Addresses: 605433.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: At the beginning of the year, the dominant narrative permeating cryptocurrency markets was that institutions were going to add large swaths of bitcoin to their assets. Big, established investors from hedge funds to Wall Street mainstays and blue-chip companies would be quick to jump on the bandwagon. Now, as bitcoin (BTC) trades close to half of the all-time high of almost $65,000 reached in April, things are starting to look slightly different: Despite what looks like a clearance sale on the cryptocurrency, data shows that institutions have shown a reluctance to take advantage of the bargain, apparently rattled by the same concerns that have pushed prices down. Bitcoin “whale” addresses – those holding 1,000 BTC or more – tumbled to about 2,150 in May from almost 2,500 in February, according to the blockchain-analysis firm Coin Metrics. Since then, the number has languished around that lower level. Related:BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads Glassnode, another blockchain analysis firm, noted in a report on Monday that a stagnation in the balance of bitcoins held on the cryptocurrency exchange Coinbase offers another view of the same dynamic. CoinDesk reported last week that open positions in bitcoin futures had tumbled by 59% from an April 13 peak, an indication that institutional investors are beingcautious. “Institutional demand appears to remain somewhat lackluster,” Glassnode wrote in its Monday report. The latest data might show why bitcoin has been stuck between $30,000 and $40,000 for the past month, after prices had risen over the past year partly on the expectation that a wave of new buyers was set to come in. Related:Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June Signs continue to mount that institutions are preparing to pounce: The likes ofBlackRock,Goldman Sachs,Morgan StanleyandJPMorganare on the list of traditional financial institutions that have set up bitcoin funds and services in the past few months or that have acknowledged considering a move into cryptocurrency. On Tuesday, financial services firm TP ICAPannouncedit is launching a crypto-trading platform alongside the financial heavyweights Fidelity Investments and Standard Chartered. But nagging concerns over bitcoin’s potential environmental harm, a regulatory crackdown on bitcoin trading and mining in China and, more recently, a decline in the underlying blockchain network’s computational power appear to have given big investors pause. Anotherworryis the possibility that the U.S. Federal Reserve may tighten its monetary policy in an effort to fight inflation. The prospect of fast-rising consumer prices after trillions of dollars of central bank stimulus had been a key source of demand for bitcoin, because the cryptocurrency, with its hard-coded limits on new issuance, has been cast as asteady bulwark against dollar debasement. Cryptocurrency industry executives say they see few signs that investors are going away or liquidating en masse: • “Despite there being a sign in the recent bear market that investors are scared off, we don’t see massive outflow from institutional users,” said Lennix Lai, director of financial markets at the cryptocurrency exchange OKEx. • “We speak to institutional investors every day. They are still allocating funds, in record sizes,” said Jeff Dorman, chief investment officer at Arca Funds, a cryptocurrency investment firm. • “We are on-boarding a large group of institutional firms, various hedge funds and asset managers. We see the level of interest from the traditional finance space only increasing,” said Luuk Strijers, chief commercial officer at Deribit, a crypto derivatives trading platform. Then there are the corporations. At the beginning of the year, MicroStrategy was thefirst U.S. corporationto invest its dollarized treasury in bitcoin, and CEO Michael Saylor has since been viewed as aninfluentialpresence to emerge from corporate America among the bitcoin community. MicroStrategy’s investment kindled speculation that other big companies might follow suit. Guesses at the timepointedto Twitter, Tesla, Apple, Warren Buffett’s Berkshire Hathaway and even the burger chain Wendy’s. MicroStrategyhas kept up its buying, saying earlier this month that it is borrowing $500 million to purchase more bitcoin. And some small companies are still “active” in moving toward bitcoin, said John Todaro, vice president of crypto asset and blockchain research at Needham & Co. But few additional big corporate buyers have materialized. Bitcoin adoption announcements have “appeared to slow for larger companies,” Todaro said. • Soros Fund Management Is Said to Be Trading Bitcoin: Report • Bitcoin Options Open Interest Hits 2021 Low as Frenzy Cools, or Maybe It’s Soccer... - 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:** ["LOS ANGELES, CA / ACCESSWIRE / July 28, 2021 / PolkaParty, a DeFi (decentralized finance) platform that enables users to gain access to all features of DeFi, from swapping and liquidity providing, to yield farming and NFTs, this week announced they are poised to change their DeFi landscape forever. By utilizing the power of group finance, allowing users to pool their funds together using a multi-sig wallet to form a ‘party' where they can capitalize on the crypto market, PolkaParty is on a mission to make crypto fun and easy-to-understand for beginners, newbies, and those looking to get in on the action. 'Everyone wants to get in on the crypto, Bitcoin, and Ethereum movement; yet too many people will fail to dive in due to the complexities and extensive information available today,' said the Founder and Owner of PolkaParty. 'We want to change that by making it easy for new crypto users to easily invest in crypto projects without having to learn the complexities of DeFi. Users can now buy, sell, and hold crypto in a group that has 100% transparent gains with a gamified dashboard.' DeFi increased in popularity in 2020 as distributed networks that enable people to have control over their investments without financial and governmental players in the mix. As more volatility crept its way into crypto throughout the last year, a lot of people have turned to DeFi for stable yield farming and staking, which can supplement a savings account that users can rely on. Since DeFi protocols are built on public blockchains like Ethereum, there is also a trust and transparency that every person can get behind. 'We've essentially created a universal platform that overcomes the technical barriers so users can easily integrate into the DeFi ecosystem,' said The Founder. 'By allowing members to participate in peer-to-peer lending through collateralized loans with an easy-to-use platform and chat features available, we want everyone to know about PolkaParty today.' Story continues PolkaParty is also seeking out influencer partnerships since they can hold crypto influencers accountable for their project recommendations. For more information regarding the on-ramp to DeFi solution, visit: https://www.polkaparty.io/ . Media Details Website URL: AscendAgency.com Company Name: Ascend Agency Email address: Contact@AscendAgency. com Country: USA SOURCE: PolkaParty View source version on accesswire.com: https://www.accesswire.com/657556/PolkaParty-Poised-to-Change-DeFi-by-Making-Accessibility-Easy-for-Everyone-to-Understand", "LOS ANGELES, CA / ACCESSWIRE / July 28, 2021 /PolkaParty, a DeFi (decentralized finance) platform that enables users to gain access to all features of DeFi, from swapping and liquidity providing, to yield farming and NFTs, this week announced they are poised to change their DeFi landscape forever.\nBy utilizing the power of group finance, allowing users to pool their funds together using a multi-sig wallet to form a ‘party' where they can capitalize on the crypto market, PolkaParty is on a mission to make crypto fun and easy-to-understand for beginners, newbies, and those looking to get in on the action.\n'Everyone wants to get in on the crypto, Bitcoin, and Ethereum movement; yet too many people will fail to dive in due to the complexities and extensive information available today,' said the Founder and Owner of PolkaParty. 'We want to change that by making it easy for new crypto users to easily invest in crypto projects without having to learn the complexities of DeFi. Users can now buy, sell, and hold crypto in a group that has 100% transparent gains with a gamified dashboard.'\nDeFi increased in popularity in 2020 as distributed networks that enable people to have control over their investments without financial and governmental players in the mix. As more volatility crept its way into crypto throughout the last year, a lot of people have turned to DeFi for stable yield farming and staking, which can supplement a savings account that users can rely on.\nSince DeFi protocols are built on public blockchains like Ethereum, there is also a trust and transparency that every person can get behind.\n'We've essentially created a universal platform that overcomes the technical barriers so users can easily integrate into the DeFi ecosystem,' said The Founder. 'By allowing members to participate in peer-to-peer lending through collateralized loans with an easy-to-use platform and chat features available, we want everyone to know about PolkaParty today.'\nPolkaParty is also seeking out influencer partnerships since they can hold crypto influencers accountable for their project recommendations.\nFor more information regarding the on-ramp to DeFi solution, visit:https://www.polkaparty.io/.\nMedia DetailsWebsite URL:AscendAgency.comCompany Name: Ascend AgencyEmail address:[email protected]: USA\nSOURCE:PolkaParty\nView source version on accesswire.com:https://www.accesswire.com/657556/PolkaParty-Poised-to-Change-DeFi-by-Making-Accessibility-Easy-for-Everyone-to-Understand", 'By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) -The dollar rose on Friday along with other safe haven currencies as stocks fell and as upbeat U.S. economic data helped reverse some of the losses from earlier this week when dovish remarks by the Federal Reserve tanked a month-long rally in the greenback. The dollar index, which measures the greenback against a basket of six currencies, was 0.32% higher at 92.181 at 2:45 p.m. Eastern time. The index was still down 0.77% for the week, on pace for its worst weekly performance since the first week of May. Friday\'s gains for the U.S. currency came as stocks fell following a glum earnings report by Amazon, growing concerns over the rapid spread of the COVID-19 Delta variant, and in the wake of a regulatory crackdown by China on its technology and education sectors. "We\'re at the end of the month and August tends to be the cruelest month for the financial markets on a seasonal basis, on a 10-year basis, it\'s the weakest month," said Kathy Lien, managing director at BK Asset Management. "So with the Delta variant as well as the uncertainties around China, investors are getting nervous and I think they\'re worried about a more durable correction in stocks and so you\'re beginning to see the dollar catch a safe haven bid," she said. Japan\'s yen and Norway\'s krone, which are also seen as safehaven currencies, were up 0.26% and 1.27% respectively. The dollar also got a lift after St. Louis Federal Reserve President James Bullard said the Fed should start reducing its $120 billion in monthly bond purchases this fall and cut them "fairly rapidly" so the program ends in the first months of 2022 to pave the way for a rate increase that year if needed. The greenback slumped earlier this week after Fed Chair Jerome Powell said rate increases were "a ways away" and the job market still had "some ground to cover." Story continues "While the dollar suffered a notable setback this week, how significant it could prove may be gleaned by nonfarm payrolls next week," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. Economic data on Friday was dollar-positive, showing a higher-than-expected rise in U.S. consumer spending in June as COVID-19 vaccinations boosted demand for travel-related services and recreation, even though part of the increase reflected higher prices, with annual inflation accelerating further above the Fed\'s 2% target. The euro eased 0.26% against the greenback but near a 1-month high after data showed the euro zone economy grew more quickly than expected in the second quarter, pulling out of a pandemic-related recession, while inflation shot past the European Central Bank\'s 2% target in July. Meanwhile, the Chinese yuan had recovered all of its losses from Tuesday\'s plunge to trade at 6.4660 per dollar. Sentiment was helped by China\'s attempt to calm frayed investor nerves, by telling foreign brokerages not to "over-interpret" its latest regulatory actions. The Australian and New Zealand dollars, seen as riskier assets, were down on the day but remained near two-week highs. Sterling edged 0.5% lower versus the dollar ahead of a Bank of England meeting next week. Bitcoin fell 3%, slipping well below $40,000, a level the cryptocurrency has not closed above since mid-June. (Reporting by Saqib Iqbal Ahmed and John McCrank in New York; additional reporting by Ritvik Carvalho in London; Editing by William Maclean, Tomasz Janowski, Frances Kerry and Dan Grebler)', 'By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) -The dollar rose on Friday along with other safe haven currencies as stocks fell and as upbeat U.S. economic data helped reverse some of the losses from earlier this week when dovish remarks by the Federal Reserve tanked a month-long rally in the greenback. The dollar index, which measures the greenback against a basket of six currencies, was 0.32% higher at 92.181 at 2:45 p.m. Eastern time. The index was still down 0.77% for the week, on pace for its worst weekly performance since the first week of May. Friday\'s gains for the U.S. currency came as stocks fell following a glum earnings report by Amazon, growing concerns over the rapid spread of the COVID-19 Delta variant, and in the wake of a regulatory crackdown by China on its technology and education sectors. "We\'re at the end of the month and August tends to be the cruelest month for the financial markets on a seasonal basis, on a 10-year basis, it\'s the weakest month," said Kathy Lien, managing director at BK Asset Management. "So with the Delta variant as well as the uncertainties around China, investors are getting nervous and I think they\'re worried about a more durable correction in stocks and so you\'re beginning to see the dollar catch a safe haven bid," she said. Japan\'s yen and Norway\'s krone, which are also seen as safehaven currencies, were up 0.26% and 1.27% r **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: 2021-07-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $749,929,088,625 - Hash Rate: 108746935.6540982 - Transaction Count: 262612.0 - Unique Addresses: 620900.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin bounced to around $32,200 after touching a 2.5-week low early Friday near $31,000. The largest cryptocurrency by market value may have been buoyed by a CoinDeskreportthat Bank of America has approved trading in bitcoin futures for some clients, according to Edward Moya, senior market analyst for Oanda. “This is a big commitment for America’s second-largest bank and signals that interest in trading cryptocurrencies is here to stay,” Moya wrote in an email. “On Wall Street, if one bank sees opportunity in doing something risky, the rest will easily justify following suit.” Related:Bitcoin Drops as Investors Buy $22K and $20K Puts Cryptocurrencies: • Bitcoin(BTC): $31,964.2, +1.04% • Ether(ETH): $1,917.5, -0.29% Traditional markets: • S&P 500: 4327.1, -0.75% • Gold: $1810.9, -1.01% • 10-year Treasury yield closed at 1.299%, compared with 1.303% on Thursday Analysts said bitcoin might be prepping for a price breakout – higher or lower – after trading in a range between roughly $30,000 and $40,000 for the past eight weeks. The big concern is a drop below the psychological level of $30,000 mighttrigger additional sellingas options traders look to square positions. Related:Bitcoin Trending Lower With Possible Break of $30K Support “There is a big move coming,” blockchain analyst William Clemente III wrote Friday inAnthony Pompliano’s newsletter.” Theoretically, we could be looking at this big move in the next few days but could take up to those full three weeks.” The breakout looks more likely to be to the downside, based on the look of bitcoin’s price chart, according to Mati Greenspan, founder of the cryptocurrency and foreign-exchange analysis firm Quantum Economics. “Bitcoin’s chart looks really ugly at the moment,” Greenspan wrote in his newsletter. “The downward slope that has materialized over the last few days gives the appearance that gravitational forces are calling for a retest of the red-line support at $20,000, the previous all-time high. In technical terms, this is known as capitulation.” Earlier this month, Circle, the company behind the fast-growing dollar-linked stablecoinUSDC, announced plans to become a public company at a $4.5 billion valuation, via adealwith aspecial-purpose acquisition corporation(SPAC). Charlie Morris, founder of ByteTree Asset Management, speculated this week the deal could end up luring more investors to cryptocurrencies. It’s “unquestionably the starter stock for the cautious,” Morris wrote July 14 in his weekly newsletter. Big investors might find the stock hard to resist due to USDC’s fast growth: The stablecoin’s supply has soared to more than $25 billion, from about $3.9 billion at the start of the year. “It’s clear to the eye this company is growing like a weed,” Morris wrote. What might make the new shares more attractive for portfolios is that USDC “powers crypto, yet has none of the volatility, making it a natural haven in comparison to the asset managers or miners whose fortunes are linked to crypto prices,” according to Morris. But that might just be a camel’s nose under the tent: “The old world will end up owning all of these stocks regardless, and that is why index funds always amuse me. They just buy whatever is stuck in front of them, meaning that investors who are trying hard to avoid crypto will end up owning it. Before long, everyone will be invested in crypto and crypto stocks, whether they like it or not, and Circle’s listing will be a crowd pleaser.” The parabolic growth in the market cap of stablecoin gianttether(USDT) suddenlycame to a grinding haltat the end of May, just as bitcoin’s price was coming off its all-time highs. According to analysts and market participants whospoketo CoinDesk’s Muyao Shen, the sudden pause reveals that the most traded cryptocurrency in the world is seeing its dominance threatened by three unprecedented challenges combining in a perfect storm to rattle the stablecoin. • China’s crackdown on cryptocurrencies and money laundering has choked off the fiat on-ramp to crypto markets through over-the-counter brokers, while listless bitcoin prices have reduced the incentive to invest: “Tether’s market in Asia is mostly through OTC merchants, and with less cash going into the market there is less demand for tether,” Rachel Lin, former vice president and founding partner at Singapore-based crypto investment firm Matrixport, told Shen. • The rising star of the stablecoin market is increasingly USDC. “I think USDC has a chance to compete in the stablecoin market in Asia against tether,” said Justin Sun, who helms the Tron blockchain. • More questions have been raised recently byregulatorsandgovernmentsaround the world about USDT and other stablecoins. “The market is infused with bearish sentiment and traders are looking for a reason,” said Noelle Acheson, head of market insights at crypto prime broker Genesis Global Trading, a CoinDesk sister company. “It’s FUD (fear, uncertainty and doubt) season, and tether’s vulnerabilities are almost always a part of that conversation.” An executive from Tether, while acknowledging the demand for USDT has fallen, argued the trend is not exclusive to the token. “Demand for tether ebbs and flows, and has been impacted by lower demand in recent weeks,” Paolo Ardoino, chief technology officer at Tether, said in a written response via a spokesperson. • Thorchain loses 4K in ether in attack:Thorchainsufferedan attack on the crypto trading protocol that drained about 4,000 ETH, worth about $7.7 million based on ether’s price as of press time. The company tweeted that it would provide a “more detailed assessment and recovery steps” soon. Administrators wrote earlier that the network had been halted while developers investigated the extent of the breach. “While the treasury has the funds to cover the stolen amount, we request the attacker get in contact with the team to discuss return of funds and a bounty commensurate with the discovery,” the administrators wrote on Telegram. • Binance halts support for stock tokens:Crypto exchange Binance said it willno longer supporttokens linked to stocks, barely three months after it made them available on its trading platform. Binance announced Friday that stock tokens are unavailable for purchase on its website effective immediately, and support for such tokens will end on Oct. 14, with all positions closed the following day. The embattled exchange, which has been facing regulatory headwinds, said the move will allow it to focus on other products. • FOX token’s rally:Following ShapeShift’s announcement that it would transform into a decentralized autonomous organization (DAO), its governance FOX tokenrose300% to $1.16 in several hours. While the cryptocurrency has retraced to $0.55 in the past 24 hours, it’s still up almost 200% this week – a stellar performance considering the broader market lull. Analysts stand divided on whether the rally represents an ever-intensifying search for yield or investors cheering ShapeShift’s early-mover advantage as a DAO. • US Presidential Advisory Group to Discuss Stablecoins • COVID-19 Stimulus Checks Fueled ‘Modest’ Jump in Bitcoin Price Last Year: Cleveland Fed • Japan Increasing Efforts to Regulate Digital Currency: Report • Bitcoin Miners Worth Over $1.3M Seized, 8 Arrested in Malaysia: Report • Terra Attracts $150M for DeFi Ecosystem Fund Most digital assets on CoinDesk 20 ended lower on Friday. Notable winners as of 21:00 UTC (4:00 p.m. ET): stellar(XLM) +3.37% eos(EOS) +3.12% Notable losers: polkadot(DOT) -5.4% yearn finance(YFI) -5.26% algorand(ALGO) -4.79% • Bitcoin Network Sees Fourth Straight Downward Difficulty Adjustment • Russian Industry Association Works to Attract Crypto Mining... - Reddit Posts (Sample): [['u/Chilly_Down', 'How to Train your Scav -- a co-op Extract Guide', 178, '2021-07-29 00:23', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/', "Hello everyone.\n\nThis is a massive post but hopefully gets people to experience what I consider the most amusing thing in Tarkov right now. If you're already having a lot of success co-op extracting, awesome -- save your eyes and skip!\n\nI've successfully co-op extracted as a PMC with scavs probably close to 100 times over the past five days. Based on the messages I've received on reddit and from in game after extracts, it seems like a lot of people don't know how to properly go about maximizing your chances of getting a co-op extract. Depending on the map, you should *always* be able to co-op extract with very little danger, with potentially gamechanging rewards up for grabs for you and your minions. I have extracted with a pscav in all but two of my dozens and dozens of interchange runs in the last week.\n\nHere's the step by step guide:\n \n \nPart 1: **Survive**. I can feel everyone rolling their eyes at this obvious piece of advice, but hang on. On Interchange (the easiest map to co-op extract on), a lot of people will instantly rush Killa, tech stores, or mid-mall for Kiba. Reserve -- everyone's trying to get bunker raiders or Glukhar or Shturman on Woods. A massive brawl breaks out, and the winner is running for the extract, massively overweight. While this playstyle can work for co-op extracts, it's sub par. Firstly, you may die quickly, and even if you don't, there's 40 minutes left in the raid and you have 60kg on your shoulders and need to leave. You won't be finding any scavs to extract with that way, unless you're happy to stash your 40kg pack somewhere and wander the map after already having all the loot you can carry, just so the pscavs can appear. Depending on my spawn, I'll hit the nearest tech store or loot area and then get out of the 'routes' people run so I minimize my chance for a mishap.\n \n \nPart 2: **Find a friend**. The raid timer now reads 20-15 minutes remaining, you've killed one PMC and found a mil cable and a tetriz and some junk. Congratulations. You've already done the hardest part. By this point, extraction is basically assured if you follow the steps. I've only had one extract fail at this point, for reasons I'll explain later. Now it's time to find a guy to drive the car. There's a delicate balance to this. You do not want the player scav to detect you first -- most player scavs will justifiably believe every PMC on the map is going to KOS. As a result, they'll either run the second they see you, or they'll stalk you and wait until you're not moving and shoot you for the fence rep/loot. \n\nSo, *turn off your laser* -- a laser dot bouncing on the wall will instantly make every pscav assume the worst and act accordingly. Thankfully, most scavs do not spawn in with earpieces, and sprint arond with the suicidal urgency not risking your own gear induces. Assuming you're in the right spot, you'll have no issues finding them before they find you. *Do not wait at the extract*. I do not know why people say to do this -- it hardly ever works. Instead, hang around near (but not IN) high loot locations. I use Adik or Furniture to watch Rasmussen/Kiba and Techlight/Techxo respectively. On woods, I watch Emercon Camp, USEC camp, or the main white building. Reserve, any of the buildings around the heli are best in my experience -- don't use the bunker, for reasons explained in the following part. If you don't know how to tell pscavs apart from PMCs -- look at the sleeves. Scavs typically wear blue, or red and white. PMCs are in camo, either artic, urban, or forest (with some exceptions). Don't rely on the backpack -- they could loot a PMC or spawn with a pilgrim.\n \n \nPart 3: **Handshake**. Time to initiate docking procedures. You've seen the scav first. Now comes the other side of the balance -- you want him to know you're coming, and you want him to know you know he knows. Keybind cease fire and knives only to your F keys. Sprint to where you know the scav is, but make sure to keep cover. Let him hear you before he sees you -- seeing a massive raid pack bouncing towards him will spook him. The worst thing you can do is come around a corner unexpectedly onto a pscav -- which is why I don't think the bunker works well. Once they hear your cease fire, the usual routine is both of you guys will jiggle peak each other to confirm nobody is bullshitting before coming out of cover. A lot of pscavs will come out with only their knives, but I don't require this. I'm wearing level 6 and a faceshield, I'm pretty confident in a straight fight with a homeless man. At this point, if you're a cool dude and want to prove it, you can throw him that 1gphone you found. Out of several hundred scavs I've extracted with (multiple at a time), I've had *one* single time a scav shot at me during the handshake. He died and I found a more amiable scav.\n \n \nPart 4: **Get outta there**. No point sticking around. Hoof it to the extract. Depending on the map, AI scavs might get in the way. Stay in front. You do not want your buddy to cross in front of you when you're about to pop an ai scav and lose your extract. Depending on the map, any scav seeing a PMC running with another scav is going to get the hint and fall in immediately. I've extracted with eight scavs before. The extract is **only valid once**, so if you are running a duo or more, make sure everyone's there, all scavs and PMCs, or your buddy is going to have to do an awkward, potentially lethal walk of shame with the remaining scavs to a normal extract. Make sure to press Y to cooperate with your scavs so they see your name -- people message me what loot they get all the time and most of them just want to thank you for being chill.\n \n \nPart 5: **Secure the bag**. Fence will message you a care package. It isn't bugged. It just takes forever sometimes, up to 10 minutes. There's clearly some sort of server tick going on in the background, but when and why is beyond me. A lot of people reading this have probably been waiting to ask -- is this even worth staying in the raid three times longer than I normally would? Short answer: yes. Long answer: [yeeeeeeees](https://streamable.com/wbqeg7).\n\nSo far I have gotten both a blue and a green keycard from fence drops -- together totalling over 11mil when I sold them on, after taxes (level 3 int center). This fully funded my 25/25 bitcoin farm and solar power and will probably get me most of the way to 50/50. It is definitely worth 15 extra minutes in a raid unless you're a gigachad player just stripping millions off other people and running it back every five minutes.\n\n50% of the time the package is pointless. 48% of the time the fence chucks you some good stuff (nice armor, I've gotten over 100 rounds of m993), worth around 150-250k. And then 2% of the time you get a God drop worth millions or tens of millions. It is absolutely worth it.\n \n \nConclusion: **So what can go wrong**? In my experience, pscavs are ALWAYS willing to do this and are very cool dudes, with very rare exceptions. I've had pscavs throw themselves into a hail of PMC bullets to defend me on the way to extract. The real problem is just that -- other PMCs. Not necessarily that they'll kill you, but if they hang around the loot spots instead of leaving the raid, they'll mow down all the pscavs and you'll have nobody to drive the car. This is the only reason an extract fails for me if I get to 20minutes left. If you hear someone camping a loot location, consider either finding somewhere you can intercept a scav before they slam into the murderhobo, or if you have a giant neck, you can go kill the altyn-topped monstrosity and save everyone.\n\nAnyway, that's my giant rambling post. Have fun and make sure to [make friends](https://streamable.com/fckzl3)", 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/', 'otkj7a', [['u/Endles5', 17, '2021-07-29 00:30', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6vxjgk/', 'Good post. Very informative.', 'otkj7a'], ['u/r-bread', 28, '2021-07-29 00:54', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6w0n50/', 'It\'s been amazing to me how well people respond to "Don\'t shoot!" Scavs are mostly cool with it and I have finished factory quests with random pmc\'s trying to get to the same objective I am!', 'otkj7a'], ['u/1984IsBook', 19, '2021-07-29 01:30', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6w56io/', 'Me who picked BEAR :(', 'otkj7a'], ['u/Chilly_Down', 19, '2021-07-29 01:36', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6w5wzf/', "Yeah, oof. I forgot to mention that. My duo's partner picked bear and it's basically up to me to go grab our ride. Maybe BSG could eventually let us set subtitles to voice lines so everyone can have the same experience. I don't know how people who speak neither Russian nor English should operate within the system.", 'otkj7a'], ['u/Chilly_Down', 11, '2021-07-29 02:19', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6wb4wp/', "1.8. \n\nLike car extracts, it eventually 'tops out' after the nerf and you no longer gain anything, not even .01. It definitely helped boost me up, since I don't even really do scav runs myself, all my 1.8 came from car extracts on woods and then just coop extracting a million times.\n\nI really think the nerf to fence gain is a bit ridiculous. It's not like being at 6.00 has some sort of gamebreaking advantage. From what I can tell from streamers, the stuff you get from his loyalty shop isn't even remarkably... 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 0.05% on Thursday. Following a 1.33% gain from Wednesday, Bitcoin ended the day at $40,036.1.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $39,272.0 before making a move.\nSteering clear of the first major support level at $38,913, Bitcoin rose to a late morning intraday high $40,623.0.\nFalling short the first major resistance level at $41,010, however, Bitcoin fell back to sub-$39,500 levels before finding support. A late move back through to $40,000 reversed losses from the day.\nThe near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nCardano’s ADAslipped by 0.15% to buck the trend.\nIt was a bullish day for the rest of the majors, however.\nPolkadot rallied by 4.94% to lead the way, withCrypto.com Coin(+2.33%),Ethereum(+3.59%), andRipple’s XRP(+2.39%) also finding strong support.\nBinance Coin(+1.00%),Bitcoin Cash SV(+0.41%),Chainlink(+1.36%), andLitecoin(+0.74%) saw modest gains, however.\nIn the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,606bn. At the time of writing, the total market cap stood at $1,553bn.\nBitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 48.44%.\nAt the time of writing, Bitcoin was up by 0.09% to $40,071.0. A mixed start to the day saw Bitcoin fall to an early morning low $39,779.0 before rising to a high $40,122.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-0.15%), Chainlink (-0.06%), Polkadot (-0.50%), and Ripple’s XRP (-0.33%) saw early red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was up by 0.81% to lead the way.\nBitcoin would need to avoid a fall back through the $39,977 pivot to bring the first major resistance level at $40,682 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Thursday’s high $40,623.0.\nBarring a broad-based 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 the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,328.\nFailure to avoid a fall back through the $39,977 pivot would bring the first major support level at $39,331 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $38,626.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Surge on Dollar Weakness\n• Today’s Market Wrap Up and a Glimpse Into Friday\n• Robinhood Markets Snubbed by Investors on Nasdaq Debut\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 30th, 2021\n• The Crypto Daily – Movers and Shakers – July 30th, 2021\n• Gold Price Futures (GC) Technical Analysis – Decision Time for Gold Bulls at $1839.00 – $1839.90', 'Bitcoin , BTC to USD, rose by 0.05% on Thursday. Following a 1.33% gain from Wednesday, Bitcoin ended the day at $40,036.1. A mixed start to the day saw Bitcoin fall to an early morning intraday low $39,272.0 before making a move. Steering clear of the first major support level at $38,913, Bitcoin rose to a late morning intraday high $40,623.0. Falling short the first major resistance level at $41,010, however, Bitcoin fell back to sub-$39,500 levels before finding support. A late move back through to $40,000 reversed losses from the day. The near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Cardano’s ADA slipped by 0.15% to buck the trend. It was a bullish day for the rest of the majors, however. Polkadot rallied by 4.94% to lead the way, with Crypto.com Coin (+2.33%), Ethereum (+3.59%), and Ripple’s XRP (+2.39%) also finding strong support. Binance Coin (+1.00%), Bitcoin Cash SV (+0.41%), Chainlink (+1.36%), and Litecoin (+0.74%) saw modest gains, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,606bn. At the time of writing, the total market cap stood at $1,553bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 48.44%. This Morning At the time of writing, Bitcoin was up by 0.09% to $40,071.0. A mixed start to the day saw Bitcoin fall to an early morning low $39,779.0 before rising to a high $40,122.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.15%), Chainlink (-0.06%), Polkadot (-0.50%), and Ripple’s XRP (-0.33%) saw early red. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Crypto.com Coin was up by 0.81% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $39,977 pivot to bring the first major resistance level at $40,682 into play. Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $40,623.0. Barring a broad-based 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 the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,328. Failure to avoid a fall back through the $39,977 pivot would bring the first major support level at $39,331 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $38,626. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Surge on Dollar Weakness Today’s Market Wrap Up and a Glimpse Into Friday Robinhood Markets Snubbed by Investors on Nasdaq Debut Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 30th, 2021 The Crypto Daily – Movers and Shakers – July 30th, 2021 Gold Price Futures (GC) Technical Analysis – Decision Time for Gold Bulls at $1839.00 – $1839.90', 'This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021 VANCOUVER, BC / ACCESSWIRE / July 29, 2021 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(NASDAQ:HVBT)(FSE:HBF) (the " Company " or " HIVE ") announces that as a result of delays in the completion of its audit, the Company will be unable to file its financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the " Annual Filings ") by July 29, 2021, being the date that such filings are due under applicable Canadian securities law requirements. The late filing is the result of operational and reporting challenges associated with the consolidation of the 5 countries that the Company operates in: Sweden, Canada, Switzerland, Bermuda, and Iceland. Maintaining operations in so many different jurisdictions allows us to diversify our holdings, and access low-cost green power in stable areas. However, it also brings reporting complications, as each country has its own unique requirements. To address these, we are streamlining financial processes to facilitate faster auditing and reporting. In addition, earlier this year we exited Norway, and in the past 18 months have bought two data center operations in New Brunswick and Lachute, Canada, which are familiar jurisdictions to our financial team. Other factors contributing to the reporting delay include unexpected accounting and logistical delays associated with the previously announced Sweden GPU facility upgrade process, and in obtaining financial reporting and analysis from the Company\'s wholly-owned subsidiaries in Sweden, which have recently undergone a corporate reorganization to simplify our operating structure moving forward. We believe this new corporate structure in Sweden will resolve these reporting delays and benefit shareholders overall, with certain tax benefits expected. Story continues This reorganization of our Swedish operation, which is where most of our GPU mining operations are located, will provide a better corporate structure as we move into high performance computing (HPC) cloud hosting. In the future, HIVE will use its high-end GPUs, which currently mine Ethereum, to provide HPC cloud hosting for tasks that require substantial GPU processing power, such as simulations, AI, machine learning, and gaming. This shift to cloud HPC hosting will depend on the timing of the launch of Ethereum 2 (Eth2), which is a planned upgrade to Ethereum that is expected to make mining ETH obsolete. The Eth2 upgrade has been delayed for years, and we do not know exactly when it will take place, if at all. You can read more about our HPC strategy in this prior press release . In response to the reporting delay, the Company has applied for a management cease trade order (the " MCTO ") by the British Columbia Securities Commission restricting the Company\'s chief executive officer and chief financial officer from trading the Company\'s shares until the Annual Filings are filed. The Company currently expects to file the Annual Filings on or before August 12, 2021 and will issue a press release announcing completion of these filings at such time. Until the Company files the Annual Filings, it will comply with the alternative i **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: 2021-07-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $733,218,316,675 - Hash Rate: 112824945.7411269 - Transaction Count: 255417.0 - Unique Addresses: 629903.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ya’an, one of the major crypto mining hubs in China’s Sichuan province, is set to shut down mining operations in the city, according to three separate local media reports. It remains unclear how long the mining sites will remain closed. “Officials from related authorities, including the city’s energy bureau and technology bureau, had a meeting and decided to crack down crypto mining operations,” Chinese crypto media outlet PANewsreported, citing an anonymous source. The meeting was held Thursday local time, the report said. Local miners have received a notice that requires them to shut down their sites at 22:00 local time (14:00 UTC Thuruday, or 10 a.m. ET) for self-inspection. It is unclear when the miners will be able to turn their mining machines back on, but another meeting is expected on Friday, according to the report. Related:Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown BlockBeats, another local news outlet, said all mining sites, including the hydro electricity consumption parks, must be be closed before June 25.  Some of the parks have received the notice and are expecting another official document on Friday, according toBlockBeats’ report, citing unnamed miners. A third report by Chinese crypto blogger Colin Wusaidmining activities in some parts of Sichuan province have been suspended for inspection. It remains unclear if the crackdown on crypto mining in the city will spread to other parts of Sichuan province. Ya’an is one of the province’s hydro-rich areas, where Chinese crypto miners can enjoy cheap electricity during China’s rainy season. The move came on the heels of thecrackdownon another hydro-based mining hub, Yunnan province, over the last weekend.  Xinjiang, Inner Mongoli and Qinghai have alsoorderedmining operations to shutter. Related:Chinese Commercial Bank Enables Digital Yuan-Cash Conversion at ATMs CoinDesk hasn’t been able to independently verify the accuracy of the three reports. The Ya’an Municipal People’s Government didn’t respond to requests for comment. An official from the Sichuan Energy Regulatory Office of the National Energy Administration was unable to confirm the crackdown notice, saying the people who may know about the notice weren’t immediately available. • Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says • Wattum to Build Kazakhstan Mining Farm in Conjunction With Energix... - Reddit Posts (Sample): [['u/1stPostChillin', 'I think Sentiment is Flipping Bullish on Zilliqa Right Now', 54, '2021-07-30 00:48', 'https://www.reddit.com/r/zilliqa/comments/ou88se/i_think_sentiment_is_flipping_bullish_on_zilliqa/', '**EDIT:** due to criticisms in the comment section I am providing a very concise TLDR:\n\n**Market Factors for Bullish Sentiment**\n\nIt would appear the cryptocurrency market underwent a long-correction as opposed to a formal multi-year bear market. This "long correction" is in part explained by the lengthening-cycle theory which has yet to be broken. Therefore, while I cannot be certain this current rebound in price will be sustained, I believe there is very little time left on any downward price movement before the higher-high and lower-low movement of a typical bull market resumes. So this macro view of the market is contributing to the flip in sentiment I am stating is occurring.\n\n**Zilliqa Factors for Bullish Sentiment**\n\nZilliqa\'s value narrative communication is becoming more clear and concise. Despite being ranked #80 in marketcap, Zilliqa is the 6th most used public blockchain in the world today. Combining this fact with Zilliqa\'s steadfast development and technological improvement, as well as increased community engagement, serves to explain an apparent improvement in the overall sentiment around Zilliqa -- despite the criticisms surrounding network down time. Further, I view the downtime as more a sign of Zilliqa\'s constant technological advancement as they are perhaps on the bleeding edge of problem-solving and encountering alike. For me personally, Zilliqa\'s network downtime isn\'t unlike the several hard forks of Ethereum and the network congestion issue which remains to be solved. The differentiating factor with Zilliqa is that they are actually solving their problems whilst remaining true to high utility and scalable form. \n\\------------------------------------------------------------------------------------------------------------------------------------------------\n\nHi Guys,\n\nI\'m sensing a switch in sentiment of Zilliqa to positive.\n\nA lot of people have reached out to me about my prediction that Zilliqa would trade at the 3-5 cent range after hitting a worst-case scenario bottom of 1.7 cents. I made this prediction when Zilliqa was at roughly 12 cents.\n\nWhile the likelihood of the 1.7 cent bottom is diminishing, my prediction of 3-5 cent Zilliqa ended up ringing true. However, while my confidence in 3-5 cent Zilliqa trading for the medium-short-term (i,e, 3 months) was once 70/30 it\'s now flipped to 40/60 meaning the likelihood of this persisting as a muti-month range has diminished - -though this does not rule out a final momentary plunge.\n\nI thought BTC was primed to hit the 18k-24k range just before the Amazon-interested-in-crypto news came out. That news confirmed in some sense what I already suspected -- that there was a lot of hungry smart money ready for sub 24k BTC and that below that price would represent a violent rebound and resumption of the bull run. The money ended up rushing in on the news instead of the juicy price as it so happens.\n\nWhy did I think there would be a violent rebound and it wouldn\'t be at the commensurate low of 12k that would\'ve been yielded from the last bear market? Because I\'ve viewed what\'s happening as a long-correction resembling Wyckoff but not entirely so on the basis of the lengthening cycle theory -- which means temporally we are actually still in a bull market even though we\'ve seen some aspects of capitulation. I know this sounds a little counterintuitive but it\'s basically that if we stretch time horizontally enough price action becomes less volatile and harder to distinguish or categorize in terms of standard temporal trade jargon and metrics (I mean other than being stable).\n\nYou can think of it like this, if you were to zoom out super far on a given dip or correction from 2017 and put the intervals of time between 1s or a minute you\'d probably see something resembling a mini-Wyckoff. Of course since we live on the hour, the day, or the week this becomes of less significance though to a fast enough computer this would be very significant at least in terms of applying macro-psychology frameworks.\n\nSo in our case, our true macrotrend is just taking place over a longer period of time (we are now the fast diagnosing computer) and our supposed bear market is actually just a long correction. March 2020 to April 2021 was not the bull market in its entirety but rather the first leg, April 2021 to August 2021 is not a bear market but rather the first significant correction on this time scale, and anywhere from August to October (starting) is going to be the resumption of the 2nd leg of the bull market under this theory which to me seems plausible. Of course it could just be that we\'re all completely wrong about everything and BTC just does whatever it wants (though my trading behaviour has generally served me well since 2018).\n\nSo what am I really saying here? There\'s less real estate left for Zilliqa\'s price to drop, aka less time. It\'s running out of room and with less room between now and the impending 2nd leg it\'s looking less likely that Zilliqa will persist at 3-5 cents for a significant period of time.\n\nBarring some serious serious FUD, it looks as though even if ZIL were to hit 3-5 cents BTC would springboard so violently off 18-24k resistance that timing this hypothetical advent is going to be exceedingly tough (I mean unless you just camp your order for months at a time hoping it will hit). That\'s fine to do that, just for myself now I\'m in DCA mode and have been since the initial sub 8 cents persistence.\n\nIn either event I\'m prepared for all of the scenarios I accept as a possibility. I\'ve already done my cash out (up at 20 cents); I\'ve resumed DCA acquisition; I have cash on hand to see me through any event bull or bear market, and I\'m simply biding my time.\n\nIf Zilliqa goes up I won\'t have acquired as much as I would\'ve liked but realistically I have until 20 cents to reclaim my stack on my just commenced DCA. If it goes down I\'ll be happy to acquire more even if it is for a year or more.\n\nIn either event my preparedness for all situations and ability to at least try and remain calm and see things objectively is only made possible because I am not over-leveraged.\n\nSo for those of you who are you can either grin and bear it or find a good exit on this little upturn as it may not be permanent and you should always make sure you have a pot to piss in at the end of the day. If someone did want to do a violent heinous shakeout this would be the best way to achieve it (doesn\'t mean the bears will reclaim control however).\n\nRegardless, I just wanted to share with the community that this uptick is a promising sign whether or not is sustained because barring some cataclysmic event I think the real estate on this long-correction is quickly running out if that is indeed true (aka the lengthening cycle theory).\n\nAnd as far as I\'m concerned Zilliqa Team has been much improved over the last few months. I\'m seeing a very real sincere attempt at dynamically responding to the community and their requests. It really seems the team is being accountable for professional communication and willing to engage the community regardless of a given member\'s initial sentiment seeming positive or negative.\n\nBeyond that, Raoul Pal speaking at ZIL4 does get me a little excited. I don\'t mean to speculate but that\'s very good company and if Raoul were to so much as hint to liking Zilliqa it\'d be an indication that we are in good company and more eyes will be seeing Zilliqa. For those of you that don\'t know the man\'s opinion carries serious weight in the economic and financial communities.\n\nAs well, Zilliqa has really started to take control of their narrative and value proposition. People are now starting to understand that as far as utility to marketcap ratios are concerned, you\'re not going to find a more valuable purchase or participation than Zilliqa.\n\nZilliqa is #6 in on-chain transactions of any cryptocurrency. People can speculate as they want but as far as blockchain as a service or utility is concerned numbers don\'t lie -- Zilliqa is near the top. It\'s easy for people to point to the price and go if Zilliqa is so valuable why is it #80 in marketcap? Simple answer, people simply don\'t know how to value cryptocurrencies yet. Isn\'t that glaringly obvious? Look at DOGE, what utility does that provide? EOS was once top ten, what decentralization does that provide? Heck I love Vitalik Buterin too but seriously, they still don\'t have a solution for CryptoKitties though I assume it is forthcoming.\n\nZilliqa has been aggressive in their roll-outs and their gaining distance ahead of the pack as evidenced by the proliferation if its dApps and significant on-chain utility/volume. Adding to that a seriously nice passive APY through staking, eth-bridge (for sure going to drive more utility), and the other irons in the fire Zilliqa has -- I\'m telling you Zilliqa will deliver something with the MAS and Bank of Singapore eventually, they\'ve joined the digital chamber of commerce of the USA and honing in on that coveted coinbase listing, they\'re making some serious NFT / gaming moves behind the scenes.\n\nGuys n gals, what I\'m getting at here is pretty simple -- I\'ve been frustrated with Zilliqa but the team is answering the call and they\'re in a good position leading up to this 2nd leg of the bull run whenever it does come.\n\nRemain prepared for the possibility of lower price Zilliqa, but know that Zilliqa is at an inflection point sentiment wise and I think we\'ll all be looking back a year from now happy with our stake in Zilliqa.\n\nThanks and happy Zilliqa\'ing.', 'https://www.reddit.com/r/zilliqa/comments/ou88se/i_think_sentiment_is_flipping_bullish_on_zilliqa/', 'ou88se', [... 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 5.43% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the day at $42,214.5. A mixed start to the day saw Bitcoin fall to a late morning intraday low $38,343.0 before making a move. Bitcoin fell through the first major support level at $39,331 before rallying to a final hour intraday high $42,299.2. Bitcoin broke through the first major resistance level at $40,682 and the second major resistance level at $41,328. More significantly, Bitcoin also broke through the 38.2% FIB of $41,592 to end the day at $42,000 levels. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 and Polkadot fell by 1.22% and by 1.83% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Chainlink surged by 15.16% to lead the way. Bitcoin Cash SV (+3.99%), Ethereum (+3.37%), and Litecoin (+2.86%) also found strong support. Binance Coin (+1.73%), Cardano’s ADA (+1.99%), and Ripple’s XRP (+0.38%) trailed the front runners, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Friday high $1,640bn. At the time of writing, the total market cap stood at $1,610bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 49.02%. This Morning At the time of writing, Bitcoin was down by 0.47% to $42,017.0. A mixed start to the day saw Bitcoin rise to an early morning high $42,398.0 before falling to a low $41,677.5. 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 0.99% to buck the early trend and join Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was up by 4.85% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the 38.2% FIB of $41,592 and the $40,952 pivot to bring the first major resistance level at $43,562 into play. Support from the broader market would be needed for Bitcoin to break out from $42,500 levels. Barring a broad-based 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 $45,000 before any pullback. The second major resistance level sits at $44,908. A fall through the 38.2% FIB and the $40,952 pivot would bring the first major support level at $39,605 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$38,000 levels. The second major support level sits at $36,966. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation Natural Gas Price Forecast – Natural Gas Selloff Into the Weekend USD/CAD: Loonie Dips After Early Gains But Set to End Week Strong Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes S&P 500 Weekly Price Forecast – S&P 500 Continuing Upward Trajectory S&P 500 Price Forecast – Stock Markets Continue to Grind Sideways Looking for Next Push Higher', 'Bitcoin , BTC to USD, rallied by 5.43% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the day at $42,214.5. A mixed start to the day saw Bitcoin fall to a late morning intraday low $38,343.0 before making a move. Bitcoin fell through the first major support level at $39,331 before rallying to a final hour intraday high $42,299.2. Bitcoin broke through the first major resistance level at $40,682 and the second major resistance level at $41,328. More significantly, Bitcoin also broke through the 38.2% FIB of $41,592 to end the day at $42,000 levels. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 and Polkadot fell by 1.22% and by 1.83% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Chainlink surged by 15.16% to lead the way. Bitcoin Cash SV (+3.99%), Ethereum (+3.37%), and Litecoin (+2.86%) also found strong support. Binance Coin (+1.73%), Cardano’s ADA (+1.99%), and Ripple’s XRP (+0.38%) trailed the front runners, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Friday high $1,640bn. At the time of writing, the total market cap stood at $1,610bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 49.02%. This Morning At the time of writing, Bitcoin was down by 0.47% to $42,017.0. A mixed start to the day saw Bitcoin rise to an early morning high $42,398.0 before falling to a low $41,677.5. 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 0.99% to buck the early trend and join Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was up by 4.85% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the 38.2% FIB of $41,592 and the $40,952 pivot to bring the first major resistance level at $43,562 into play. Support from the broader market would be needed for Bitcoin to break out from $42,500 levels. Barring a broad-based 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 $45,000 before any pullback. The second major resistance level sits at $44,908. A fall through the 38.2% FIB and the $40,952 pivot would bring the first major support level at $39,605 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$38,000 levels. The second major support level sits at $36,966. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation Natural Gas Price Forecast – Natural Gas Selloff Into the Weekend USD/CAD: Loonie Dips After Early Gains But Set to End Week Strong Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes S&P 500 Weekly Price Forecast – S&P 500 Continuing Upward Trajectory S&P 500 Price Forecast – Stock Markets Continue to Grind Sideways Looking for Next Push Higher', 'Moody’s downgraded El Salvador’s rating and continued its negative view on the country’s economy partly because of the government’s passage of a law that will make bitcoin a legal tender in the country, the ratings agency announced Friday. Moody’s lowered El Salvador’s long-term, foreign-currency issuer and senior unsecured ratings to Caa1 from B3. Noting a “deterioration in the quality of policymaking,” the agency said that the bitcoin law and other measures reflected “weakened governance in El Salvador, raising tensions with international partners – including the United States – and jeopardizing progress toward an agreement with the IMF (International Monetary Fund).” The bond ratings agency added that the combined factors could increase the risk to El Salvador’s ability “to access sufficient external financing ahead of bond redemptions,” starting in January 2023. The bitcoin law, which goes into effect Sept. 7 , requires merchants to accept bitcoin along with the U.S. dollar. The law passed by a supermajority in El Salvador’s legislature on June 9, with 62 members voting in favor of the bill, 19 opposing and three abstaining, but it has also faced stiff dissent with some opponents arguing it violates El Salvador’s constitution. Related Stories What Is Latin America’s Love for Bitcoin? Feat. Sebastian Serrano Digging Into El Salvador’s Bitcoin Bill Por qué bitcoin podría ser algo bueno para El Salvador El Salvador May Issue Its Own Stablecoin: Report', 'Moody’sdowngradedEl Salvador’s rating and continued its negative view on the country’s economy partly because of the government’s passage of a law that will makebitcoina legal tender in the country, the ratings agency announced Friday.\n• Moody’s lowered El Salvador’s long-term, foreign-currency issuer and senior unsecured ratings to Caa1 from B3.\n• Noting a “deterioration in the quality of policymaking,” the agency said that thebitcoinlaw and other measures reflected “weakened governance in El Salvador, raising tensions with international partners – including the United States – and jeopardizing progress toward an agreement with the IMF (International Monetary Fund).”\n• The bond ratings agency added that the combined factors could increase the risk to El Salvador’s ability “to access sufficient external financing ahead of bond redemptions,” starting in January 2023.\n• The bitcoin law, which goes into effectSept. 7, requires merchants to accept bitcoin along with the U.S. dollar.\n• The law passed bya supermajorityin El Salvador’s legislature on June 9, with 62 members voting in favor of the bill, 19 opposing and three abstaining, but it has also facedstiff dissentwith some opponents arguing it violates El Salvador’s constitution.\n• What Is Latin America’s Love for Bitcoin? Feat. Sebastian Serrano\n• Digging Into El Salvador’s Bitcoin Bill\n• Por qué bitcoin podría ser algo bueno para El Salvador\n• El Salvador May Issue Its Own Stablecoin: Report', 'Moody’sdowngradedEl Salvador’s rating and continued its negative view on the country’s economy partly because of the gove **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: 2021-07-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $781,886,643,794 - Hash Rate: 112465862.1258896 - Transaction Count: 207348.0 - Unique Addresses: 532121.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Oil seeps out of a barrel Getty Images The stock market struggled on Thursday, hobbled by tech and energy, as Wall Street faced a blast of data. The day started with China reporting slowing but still robust 7.9% economic growth for the second quarter, down from its wild 18.3% boom in Q1. SEE MORE The 25 Best Low-Fee Mutual Funds You Can Buy Here in the U.S., initial jobless claims for the week ended July 10 declined by 26,000 to a pandemic-low 360,000 filings, which was in line with estimates. Industrial production grew 0.4% month-over-month in June, which was slightly weaker than the 0.6% expected. A regional reading of mid-Atlantic factory activity showed its slowest pace of growth since December, but a New York-area manufacturing survey surged well above expectations to its highest reading ever. "I thought the China data was more important today," says Michael Reinking, senior market strategist for the New York Stock Exchange. "Q2 GDP did slightly miss, but the June industrial production and retail sales both came in ahead of expectations." Tech names including Nvidia ( NVDA , -4.4%) and Advanced Micro Devices ( AMD , -2.4%) weighed on the S&P 500 (-0.3% to 4,360) and Nasdaq Composite (-0.7% to 14,543). Energy (-1.4%) was the market's worst sector, however, as U.S. crude oil futures declined 0.4% to $72.85 per barrel amid yesterday's OPEC production deal and indications that U.S. demand might be slipping. The Dow Jones Industrial Average , led by Honeywell ( HON , +2.2%), eked out a 0.2% gain to 34,987. Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice. Other action in the stock market today: The small-cap Russell 2000's struggles continued, with the index closing down 0.6% to 2,190. Oatly Group ( OTLY ) was a notable decliner on Wall Street after Ben Axler of Spruce Point Capital Management said shares of the non-dairy milk company are worth less than $10. Speaking on CNBC's "Squawk Box," Axler called OTLY "one of those inflated bubble stocks," and accused the firm of misstating its financial results. The stock closed down 5.2% at $19.48, but remains above its late-May initial public offering (IPO) price of $17 per share. UnitedHealth Group ( UNH ) shares gained ground after the insurance giant reported earnings. For its second quarter, UNH brought in adjusted earnings per share of $4.70 – off roughly 34% from what it earned a year ago, but above analysts' consensus estimate. Revenue, meanwhile, rose 14.8% year-over-year to $71.3 billion, topping Wall Street's expectations. The Dow stock ended the day up 1.3%. Gold futures gained 0.2% to settle at $1,829 an ounce, marking their third consecutive win. The CBOE Volatility Index (VIX) recovered by 4.2% to 17.01. Bitcoin declined 3.5% to $32,724.50. Cryptocurrency site CoinDesk notes that Google searches for "Bitcoin price" have reached their lowest point since December – a sign that retail interest is at least temporarily waning. (Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m. each trading day.) Story continues stock chart for 071521 YCharts The Child Tax Credit (And What It Could Do for Stocks) Thursday's biggest financial winners, however, were American parents. On July 15, the Treasury began sending out payments as part of the expanded 2021 child tax credit (CTC) . Our FAQ breaks down everything you need to know about this year's program , but the highlights include increased payouts, wider eligibility and monthly advance payouts between July and December. Just like most quick influxes of spending – like the three national COVID-related stimulus payments and the major infrastructure plan being hashed out in Washington – the temporarily boosted CTC is expected to stimulate wide swaths of the American economy … but naturally, some more than than others. Wall Street has its eye on a few select industries, and indeed, several stocks have been specifically singled out as potential beneficiaries of a child tax credit spending boom. However, not every last one of them is a buy. Read on as we look at eight stock picks that could enjoy a lift from the child tax credit , and examine how much (or how little) opportunity the pros see in each. Kyle Woodley was long NVDA as of this writing. SEE MORE Free Special Report: Kiplinger’s Top 25 Income Investments You may also like Your Guide to Roth Conversions The Most-Overlooked Tax Breaks for Retirees A Woman’s Guide to Long-Term Care... - Reddit Posts (Sample): [['u/ImLegacys', 'Player/Analyst Tweets &amp; Other Things – LCS Summer Week 9 (2021) - TSM FTX vs 100', 237, '2021-07-31 00:49', 'https://www.reddit.com/r/TeamSolomid/comments/ouvqhm/playeranalyst_tweets_other_things_lcs_summer_week/', 'FINAL REGULAR SEASON WEEK OF 2021!!\n\n**Good Morning/Afternoon/Evening GrubhubGamers!**\n\n######*What is this thread?*\n\nThe main purpose of this thread is to provide a place for all social media posts/comments related to TSM’s games of the week from pro players/analysts/influencers/orgs. The thread is updated manually after every game in this order:\n\nInterview (if TSM FTX wins) &gt; TSM FTX Tweets &gt; Opponent Tweets &gt; Others\n\nI also take notes on LCS Co-streamer’s analysis (sometimes 2+) but because it is not the major focus of this thread, the quality varies from day to day and I would highly recommend just watching their vod which I’ll provide here if it is available.\n\n---\n\nToday’s Live Analyst: [TSM FTX Doublelift w/ SneakyMeats](https://www.twitch.tv/doublelift) \n\nAnalyst Vod: [Link](https://www.twitch.tv/videos/1103154588)\n\n\n---\n\n######PRE-GAME\n\n[THIS WEEK\'S TSM LEGENDS](https://www.youtube.com/watch?v=ppbHXEECOsE)\n\nTim Sevenhuysen (Predictions)\n\n&gt; Here it is. My #LCS predictions for this crucial day, July 30.\n\n&gt; TSM vs. 100: #TSMwin (50/50 here)\n\n&gt; EG vs. C9: #C9win (online EG look like Spring EG)\n\n&gt; TL vs. IMT: #IMTwin (Santorin reacclimation)\n\n&gt; FLY vs. GG: #GGwin (GG are better IMO)\n\n&gt; DIG vs. CLG: #DIGwin (DIG look decent lately)\n\n&gt;I applogize to \n@TSM\n, \n@Cloud9\n, \n@Immortals\n, \n@GoldenGuardians\n, and \n@dignitas\n for expecting them to win their #LCS games today. [Video Link](https://twitter.com/TimSevenhuysen/status/1421220695699169284)\n\nDlim\n\n&gt; Honestly can\'t wait to watch \n@100Thieves\n vs \n@TSM\n today, aka \n@currylol\n vs \n@JungleJuiceLoL**\n\n\n&gt;&gt; Locodoco: @kayyslol\n vs \n@JungleJuiceLoL\n scouting battle\n\n&gt;&gt;&gt; Dlim: What Junglejuice does cannot be considered scouting.\n\n&gt;&gt;&gt;&gt; Locodoco: 100t has the best academy team tho!!! Oh wait… 😔\n\n&gt;&gt;&gt;&gt; 100 Lustboy: Scouter vs Professional BestBuy Buyer\n\n&gt;&gt;&gt;&gt; TSM FTX Curry: Naser, kayys and junglejuice, the holy Trinity of scouting\n\n&gt;&gt;&gt;&gt;&gt; Locodoco: Can\'t forget the OG scoutmaster himself Parth\n\n&gt;&gt;&gt;&gt;&gt; Dlim: I hope Kayys prepped you guys for the nasus ban\n\nAnalyst Desk (Predictions)\n\n&gt; Kaizen/Markz/Emily: #TSMWIN\n\nTSM FTX Report\n\n&gt; [#TSMFTXLCS] - THE BATTLE FOR FIRST IS HERE! Our squad loads into the rift to clash with \n@100T_Esports\n. The last week of the #LCS kicks off NOW! #TSMFTX\n\nLCS Official\n\n&gt; Who will take sole possession of first place? \n@TSM\n and \n@100Thieves\n are in champion select for the opening match of week nine! #LCS #TSMWIN or #100WIN?\n\n\n---\n\n######DURING DRAFT\n\nDoublelift\n\n&gt; DL: Olaf can\'t play the game against Cassiopeia. It\'s a disgusting pick against Olaf.\n\n&gt; DL: Classic team comp for 100. Dive comp that is bruiser heavy. TSM playing their typical control mage kite back comp. TSM always drafts front to back. \n\n\n\n\n\n \n\n---\n\n######DURING GAME \n\n[RUNES/CHAMPS](https://twitter.com/LoLEsportsStats/status/1421232342862020608)\n\nDlim \n\n&gt; TSM\'s botlane winning with this draft is such a go next for 100\n\nLS\n\n&gt; It\'s 6:50 into thee game and tsm are up 1k and 1 drake w/ massive comp edge sooo probably highly unlikely 100Sins manages to win this game #LCS\n\n&gt;&gt; Wickd: Pretty much true. I don\'t see 100T will ever win team fights unless TSM giga ints. It will probably be a boring game where TSM takes every objective, and 100T knows they can\'t fight so they just do nothing and wait to lose.\n\n&gt;&gt;&gt; Wickd (late game): Game isn\'t over, but it\'s going exactly as predicted, and with current tempo 100T will just lose it out slowly as expected. In these kind of games I think you should try to make the game chaotic and messy because you aren\'t going to beat TSM\'s comp in the slow style.\n\n&gt;&gt; Medic: Having seen you predict before, I am putting 100 bitcoin on 100T to win\n\n&gt;&gt;&gt; LS (after game): Based \n\n&gt;&gt;&gt;&gt; Medic: That was my salary man. What will I tell all the little medics when they don\'t get a new xbox for Christmas?\n\n&gt;&gt;&gt;&gt;&gt; Azael: That all their Christmas gift money instead went to twitch primes for LS\n\n\n\nDoublelift w/ Sneaky and Meteos\n\n&gt; Smart of Spica to kite blue towards enemy red side skip a camp to move to enemy\'s red because he knows that Olaf wants to try to 3-buff from TSM\'s red side. Doublelift says he talked to Spica about this.\n\n&gt;&gt; Meteos: Thinks that the kill TSM got @ enemy red was illegal and 100\'s bot lane should\'ve flashed over the wall to assist.\n\n&gt;&gt;&gt; DL: Hard to make decisions in that situation because nobody on 100 was even close to ready for that situation to unfold (Spica being at Red). Actually crazy that Swordart was the first to arrive since the current bot lane match up between Varus/Thresh (100) and Jhin/Leona (TSM) is 100 thieves favored early.\n\n&gt; (~6) Massive support gap this game. Swordart is at the right place at the right time every time.\n\n&gt; DL: Feels like half of Leona\'s E comes out instantly. Really hard to react to. It doesn\'t actually come out from her hitbox but starts out halfway then extends from there.\n\n&gt; (~9 kill on Abbe) Everyone: Actually massive smurf game from Swordart. Meteos: Swordart earning his millions this game.\n\n&gt;&gt; DL: Abbe\'s mindset is that he\'s trying to follow TSM\'s potential bot dive. Wanted to ward the brush but the risk of doing it wasn\'t worth it.\n\n&gt;&gt;&gt; Sneaky/DL: The potential reward is minor vision and the risk is just straight up dying.\n\n&gt; (~16) DL/Meteos: 100 really jumped the gun to try to dive Huni. If they just wait in the brush for Spica to walk in then they just kill Spica instantly. Unlucky Timing since Spica was there to counter the dive.\n\n&gt; (~17) DL: A game like this where it\'s slow and TSM have an early lead is TSM\'s game. 100 likely lose.\n\n&gt; (~18:20) Swordart catches Abbedoggy and takes his flash. Sneaky/Meteos: Spica then dodges the Varus ult by Q/Eing over to gromp at the same time that it hits. Wp\n\n&gt; (~21:40) 100 contesting 4th drag is really "sus". Meteos: 100 walking in just gets "giga-fucking gangbanged". If Olaf approaches a brush, he has to blow ult and cant go back in again. DL: getting in to contest is impossible with their vision.\n\n&gt;&gt; DL: Would\'ve been better for 100 to just notice that Gnar isn\'t ready to Mega and their timing was off so they could send Gnar top to push instead.\n\n&gt; (~26 Spica dodges Varus ult with Rocket belt) Meteos: Talked to Closer on his show(?) and Closer said that the only person that he thinks deserves MVP is Spica. (Spica misses smite on dragon soul right after this tho lol)\n\n&gt; (~32) 100 do a fake attempt at the baron to bring TSM into a fight with Abbe in a good flanking position but Abbe goes in next to Jhin and then completely ignores him. They had to at least attempt that since it wasn\'t going to be a better position for them as the game goes on.\n\n&gt;&gt; Sneaky: Did they really have to do that though? It looked lost but they kind of just gave up with that play.\n\n&gt;&gt;&gt; Meteos: Could\'ve looked for a better play/angle.\n\n&gt;&gt;&gt; DL: Can see why they did it because of desperation but that was them the whole game. The whole game was them making weird desperate plays.\n\nTSM FTX Report (Clips)\n\n&gt; [First Blood Invade](https://twitter.com/tsmreport/status/1421233129281531916)\n\n&gt; [Swordart Catching Abbe](https://twitter.com/tsmreport/status/1421233962379354112)\n\n&gt; \n\n\nActually a lot of talk about the game in this one that I missed since 3 people talking means it\'s pretty non-stop. Here is the link: [Here](https://www.twitch.tv/videos/1103154588)\n\n\n\n---\n\n######POST GAME \n\n\n#TSM FTX\n\n**Huni**\n\n&gt; nothing yet\n\n\n**Spica**\n\n&gt; YO ITS NOT MY FAULT [Baron pic](https://twitter.com/Spicalol/status/1421240872302112768)\n\n&gt;&gt; Azael: Don\'t worry I declared your innocence on broadcast. NOT GUILTY!\n\n&gt;&gt;&gt; Spica: thank you azael\n\n&gt;&gt;&gt;&gt; Azael: Anytime TSM FTX Spica\n\n\n**PowerOfEvil**\n\n&gt; Ggs \n@100Thieves Lets fkn go!!! Rly important win for us and having a strong showing before heading to playoffs is the cherry on top\n \n**Lost**\n\n&gt; nothing yet\n\n**SwordArt**\n\n&gt; nothing yet\n\n**Coach Bjergsen**\n\n&gt; nothing yet\n\nReginald\n\n&gt; nothing yet\n\nKayys\n\n&gt; One more win to lockup first for playoffs; Gg 100 - onto the next one\n\n\nCurry\n\n&gt; GG \n@100Thieves\nComplete scouting gap xD\nWe\'re back in sole possession of first place and scaling right in time for playoffs. LETS GOOOO\n \nTonington\n\n&gt; Thank you \n@tsmdunc\n for blessing the match 🥳 Hopefully the Val squad can close it out to finish the day!\n\nSmak\n\n&gt; What a great start to the weekend. Let’s keep it rolling!\n\n\n\nTSM FTX (Twitter)\n\n&gt; [It was always the power of friendship](https://twitter.com/TSM/status/1421240676486848514)\n\nTSM FTX Report\n\n&gt; FIRST PLACE RECLAIMED! Our #LCS squad DOMINATES the game and starts the last week 1-0! #TSMFTX\n\nDunc\n\n&gt; JUST SIMPLY BETTER. NO QUESTIONS. JUST. BETTER. 1ST PLACE BABY #LCS\n\n&gt; Genuinely, that game wasn’t even remotely close. Minute 0 to end. I’m mega wet now 🥵🥵\n\nHaitham\n\n&gt; nothing yet\n\nGriff\n\n&gt; LCS squad heating up 🥵\n\nParth\n\n&gt; MVP @Spicalol\n\nLogitech G Esports\n\n&gt; \n@TSM\n overtakes 100 Thieves as the first place team in #LCS today with an amazing quadra kill from \n@Huni\n!Will TSM be able to secure their spot in first this weekend? Find out tomorrow at 5pm PT as they face off against CLG! #TSMWIN\n\n\n---\n\n#100\n\nSsumday\n\n&gt; not... 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 1.79% on Saturday. Partially reversing a 5.43% rally from Friday, Bitcoin ended the day at $41,439.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,398.0 before hitting reverse. Falling well short of the first major resistance level at $43,562, Bitcoin fell to a late afternoon intraday low $41,051.0. While steering clear of the first majors support level at $39,605, Bitcoin fell through the 38.2% FIB of $41,592. Steering clear of sub-$41,000 levels, Bitcoin briefly broke back through the 38.2% FIB of $41,592 before a late slide back to sub-$41,500 levels. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash SV fell by 1.60% to lead the way down, with Litecoin (-0.81%) and Ripple’s XRP (-0.89%) also joining Bitcoin in the red. It was a bullish day for the rest of the majors, however. Polkadot and Crypto.com Coin rallied by 8.05% and by 5.10% respectively to lead the way. Binance Coin (+3.12%), Chainlink (+1.92%), and Ethereum (+2.84%) also found strong support. Cardano’s ADA (+0.71%) trailed the front runners, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Saturday high $1,646bn. At the time of writing, the total market cap stood at $1,605bn. Bitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 48.29%. This Morning At the time of writing, Bitcoin was down by 0.78% to $41,115.0. A mixed start to the day saw Bitcoin rise to an early morning high $41,468.9 before falling to a low $41,105.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Crypto.com Coin was up by 1.02% at the start of the day to buck the trend. It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 0.40% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the 38.2% FIB of $41,592 and the $41,629 pivot to bring the first major resistance level at $42,208 into play. Support from the broader market would be needed for Bitcoin to break back through to $42,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $42,398.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $42,976. Failure to move through the 38.2% FIB and the $41,629 pivot would bring the first major support level at $40,861 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$40,000 levels. The second major support level at $40,282 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Month in Review – July 2021 Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes U.S Mortgage Rates Rise but Remain Well Below the 3% Mark Crude Oil Weekly Price Forecast – Crude Oil Continus to See Upward Pressure Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation AMC Chief Gives Individual Investors Louder Voice, Addresses Share Count', 'Bitcoin, BTC to USD, fell by 1.79% on Saturday. Partially reversing a 5.43% rally from Friday, Bitcoin ended the day at $41,439.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $42,398.0 before hitting reverse.\nFalling well short of the first major resistance level at $43,562, Bitcoin fell to a late afternoon intraday low $41,051.0.\nWhile steering clear of the first majors support level at $39,605, Bitcoin fell through the 38.2% FIB of $41,592.\nSteering clear of sub-$41,000 levels, Bitcoin briefly broke back through the 38.2% FIB of $41,592 before a late slide back to sub-$41,500 levels.\nThe near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash SVfell by 1.60% to lead the way down, withLitecoin(-0.81%) andRipple’s XRP(-0.89%) also joining Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nPolkadot andCrypto.com Coinrallied by 8.05% and by 5.10% respectively to lead the way.\nBinance Coin(+3.12%),Chainlink(+1.92%), andEthereum(+2.84%) also found strong support.\nCardano’s ADA(+0.71%) trailed the front runners, however.\nIn the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Saturday high $1,646bn. At the time of writing, the total market cap stood at $1,605bn.\nBitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 48.29%.\nAt the time of writing, Bitcoin was down by 0.78% to $41,115.0. A mixed start to the day saw Bitcoin rise to an early morning high $41,468.9 before falling to a low $41,105.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was up by 1.02% at the start of the day to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Ripple’s XRP was down by 0.40% to lead the way down.\nBitcoin would need to move through the 38.2% FIB of $41,592 and the $41,629 pivot to bring the first major resistance level at $42,208 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $42,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $42,398.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $42,976.\nFailure to move through the 38.2% FIB and the $41,629 pivot would bring the first major support level at $40,861 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$40,000 levels. The second major support level at $40,282 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• European Equities: A Month in Review – July 2021\n• Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes\n• U.S Mortgage Rates Rise but Remain Well Below the 3% Mark\n• Crude Oil Weekly Price Forecast – Crude Oil Continus to See Upward Pressure\n• Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation\n• AMC Chief Gives Individual Investors Louder Voice, Addresses Share Count', 'Rupert Murdoch has made a further shift away from the news publishing business on which his empire was built with a $1.2bn (£830m) takeover in the less sensational market for oil price data.\nNews Corp has agreed to pay the sum in cash to acquire the Oil Price Information Service (OPIS) from its owners S&P Global and IHS Markit.The pair put the business up for sale to help clear competition hurdles in their own $44bn merger.\nThe acquisition is the largest by the publisher of the Sun since it was split from Mr Murdoch’s television business Fox, in 2013, in the wake of the phone hacking scandal. Last year News Corp lost out to the German media giant Bertelsmann in an auction of the book publisher Simon & Schuster for more than $2bn.\nThe takeover of OPIS will account for about half the cash on News Corp’s balance sheet. Much of the war chest is derived from a $2.7bn “dowry” handed to the company on its split from the more lucrative Murdoch television business.\nNews Corp said it plans to integrate OPIS into Dow Jones, the publishing and data business behind the Wall Street Journal.\nMedia sources said that the deal could help lay the groundwork for a sale or break-up of Dow Jones, which Mr Murdoch acquired for $5bn in 2007. News Corp has been bolstering its market data and tools, recently adding Investor’s Business Daily for $275m. The manoeuvres have stoked speculation that a bigger move is in the works.\nMr Murdoch is now 90 years old and runs News Corp alongside his eldest son Lachlan who is widely expected to radically reshape the business in the coming years. In June, it wrote down the value of the Sun titles to nil after they made a pre-tax loss of £202m.\nThat is all from us today - here are some of our top stories:\n• Threat of soaring inflation rises as 150,000 job losses loom\n• Reese Witherspoon\'s production company valued at $900m in Blackstone deal\n• Founders of Klarna rival become billionaires in $29bn takeover\n• SNP under pressure to trial four-day week for Scottish civil servants\n• The fiery problem threatening electric cars\nThank you for following along!\nWall Street has given up earlier gains as worries about the Delta variant and a slowing US economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season.\nFresh data showed that although US manufacturing grew in July, its pace slowed for a second straight month as spending rotated back to services from goods, and shortages of raw materials persisted.\nBy early afternoon in New York, the S&P 500 was up a slighter 0.1pc, having closed in on record highs earlier in the morning. The Dow Jones was up by the same percentageand Nasdaq was in the green by 0.4pc.\nSeparately in the US, a nonpartisan research arm of the US Congress - the Joint Committee on Taxation - projected the tax provisions of the infrastructure bill would increase America\'s revenue by $51bn over the next 10 years.\nStrikes planned 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: 2021-08-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $796,429,835,438 - Hash Rate: 110975800.79118258 - Transaction Count: 185157.0 - Unique Addresses: 474430.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrency exchange Kraken said it will no longer offer margin trading for U.S. clients who do not meet certain requirements. • In ablog postWednesday, Kraken said the changes are due to regulatory guidance about leveraged digital asset transactions. • The exchange didn’t specify what those new requirements are, just that they will be communicated via email. • Kraken said its clients outside of the U.S. at the Intermediate and Pro verification levels will not be affected. • Non-U.S.-based clients in the Starter tier must become verified to the Intermediate tier to continue margin trading, said the exchange. • Any open margin positions by starter tier clients and U.S. clients that have not met the new criteria will expire 28 days after the time they were opened if they haven’t been settled by June 23. • The exchange is alsoreportedlyin talks to raise capital in a new funding round that could increase its valuation to $20 billion. Read more:Kraken Crypto Exchange Releases Mobile App in US • Bram Cohen’s Chia Drives Hard Disk Demand in Europe: Report • Kraken Now Lets Users Back Contender Projects on Polkadot’s Kusama Platform • MicroStrategy to Offer $400M in Notes to Buy More Bitcoin Even as It Warns of $284.5M Impairment • 21Shares to List Bitcoin ETP in London on Aquis Exchange... - Reddit Posts (Sample): [['u/sokino12', 'Waiting for a pull-back.... what are your next entry points? (supports / resistance)', 23, '2021-08-01 00:07', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/', "Hi everyone, I have been waiting for one more pull-back under $0,2. And I am getting sooo anxious that I don't have enough and it keeps going up as BTC goes up :D Don't get me wrong I am happy about it!!! \n\n\nWhat are the entry points you plan to buy once again? :)", 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/', 'ovg2zs', [['u/Party-Independent296', 10, '2021-08-01 00:07', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h78yhjl/', "I'm out of fiat, all in.", 'ovg2zs'], ['u/Astronaviz', 14, '2021-08-01 00:25', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h790h0g/', 'man I wish i could! my goal is 50k.. at 18k so far', 'ovg2zs'], ['u/noemata1', 15, '2021-08-01 01:11', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h795rz1/', 'What are your long-term expectations? If you expect HBAR to hit $100 in ten years, does it really matter if you buy at $0.16 or $0.35 or $0.82? Trust the project and think long-term.', 'ovg2zs'], ['u/deachhh', 11, '2021-08-01 02:24', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h79dx5v/', 'Still matters! With entry points this low, that’s a reasonable percentage difference!', 'ovg2zs'], ['u/TidoLeroy', 10, '2021-08-01 03:27', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h79kpxg/', "This is how I feel. I was dca on the waily up to 0.4 and then we hit that drop so I've been dca the whole time it's low.\n\nI agree that at some point it 0.2 and 0.4 will be peanuts. People will be complaining they didn't get in at a dollar or 2.\n\nIm gonna just keep dca until 50$\n\nMight take a few years, but that's what I'm looking at. I'm not here for instant gains. Or pump and dumps. I'm in this for the long haul.\n\nPeople talk about how many coins will be in circulation, cuz yeah its a lot, BUT looking at projects and potential use cases I don't think that's going to matter. Especially once we hook CBDCs. The recent news about a bond market has me hyped af. There's too much potential here.\n\nI mean, I don't see Google or IBM working with dogecoin. I fucking hate the doge hype so god damn much, however seeing a shit ass coin with 0 use other than its a fucking dog being at a higher price point for so long shows me just how undervalued Hedera really is.\n\nHello Future me, thanks for investing for my lambo.", 'ovg2zs']]], ['u/Always_Question', "Janet Yellen's Treasury Department is Behind The Sneaky Insertion of Anti-Crypto Language Into the Infrastructure Bill", 1167, '2021-08-01 00:46', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/', "Congressman Warren Davidson alleges that [the U.S. treasury department is responsible](https://bitcoinmagazine.com/business/warren-davidson-cryptocurrency-infrastructure-tax-bill) for attempting to tuck in anti-crypto language at the 11th hour into the infrastructure bill. It looks like Janet Yellen has picked up where Mnuchin left off in terms of sneaky insertion of anti-crypto policy at the last minute, and other furtive behavior. They know that they can't win in fair and open democratic processes where input from industry stakeholders and individuals are respected and taken into account. So instead, they go for the ol' covert trick: quick and sly insertion into a must-pass bill. All Americans, whether crypto supporters or not, should find this kind of perversion of democracy reprehensible.\n\nNow is the time to reject these tactics, and persuade our local representatives that what Treasury is trying to do is at best misguided, and at worst anti-democratic. Here are some great points that you could share with your local rep in an email or voice mail:\n\n[https://twitter.com/jchervinsky/status/1421150352443912195](https://twitter.com/jchervinsky/status/1421150352443912195)\n\nFind your House Rep: [https://www.house.gov/representatives/find-your-representative](https://www.house.gov/representatives/find-your-representative)\n\nFind your Senator: [https://senate.gov/senators/senators-contact.htm](https://t.co/zHugKZK7jj?amp=1)\n\nWe came together on the Mnuchin fight and we won. We can win this one as well if we all do our part.", 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/', 'ovgpzu', [['u/Altruistic_Ad_1193', 25, '2021-08-01 01:05', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h7951cn/', "I'm a Canadian but want to help. How can I?", 'ovgpzu'], ['u/Enschede2', 30, '2021-08-01 01:45', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h799izh/', "But instead speak positively about the rightists like trump who called bitcoin a scam? Maybe a better idea would be to stop splitting everything up into just 2 groups, to make clearer to yourselves which individuals exactly you're voting for", 'ovgpzu'], ['u/TheNewHegemon', 17, '2021-08-01 01:47', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h799tci/', 'This is embarrassing.', 'ovgpzu'], ['u/Huckabuoy', 11, '2021-08-01 02:00', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79b5mw/', 'What’s the language? Your the only one reporting this. Must be sneaky for real. Please elaborate', 'ovgpzu'], ['u/Always_Question', 17, '2021-08-01 02:08', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79c2v7/', "It's all over crypto twitter. I'm not the only one. lol\n\ne.g.\n\nhttps://twitter.com/jchervinsky/status/1421150352443912195", 'ovgpzu'], ['u/Accurate-View-2114', 92, '2021-08-01 02:08', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79c4wh/', 'Fuck the Treasury department and all the clowns in it.', 'ovgpzu'], ['u/JRhod3sie', 11, '2021-08-01 02:11', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79cdr8/', 'It’s such bull shit that they can do this.', 'ovgpzu'], ['u/shermski4', 312, '2021-08-01 02:12', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79ckbg/', 'I wish everyone knew this was the norm with any bill, not just the urgent ones. There needs to be a larger revolt about the pattern of this bullshit and not just when it pertains to a certain interest.', 'ovgpzu'], ['u/Hanzburger', 14, '2021-08-01 02:15', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79cw3f/', "FYI Biden is a corporate loyalist and even though he's a Democrat, he's firmly center at the very least.", 'ovgpzu'], ['u/Hanzburger', 55, '2021-08-01 02:18', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79d649/', 'Fuck the ~~Treasury department~~ government and all the clowns in it.', 'ovgpzu'], ['u/imagoodusername', 15, '2021-08-01 02:19', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79db5i/', 'Or realize that Biden and Trump are both rightists and that the left hasn’t had meaningful influence in this country since LBJ', 'ovgpzu'], ['u/daftwordhero', 54, '2021-08-01 02:32', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79est3/', 'For those in the USA computer code is a form of free speech.', 'ovgpzu'], ['u/one-man-circlejerk', 17, '2021-08-01 02:52', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79gxjr/', "The linked article doesn't say it either, and the linked tweet says something about KYC? Anyone got any actual information about this?\n\nFrom what I can see it's something about [mandating exchanges report transactions](https://www.politico.com/news/2021/07/30/cryptocurrency-fears-tax-hit-infrastructure-501885) for tax purposes, seems like that would only hit people who were not intending on paying tax on their gains?\n\nAm I missing something?", 'ovgpzu'], ['u/yenachar', 61, '2021-08-01 03:02', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79i0pa/', "Sounds reasonable. But let's start with this one!", 'ovgpzu'], ['u/Canadian-idiot89', 16, '2021-08-01 03:16', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79jksl/', 'I wish I was American so I could snap shit at some representative. Either way I wish you guys the best, go get em!', 'ovgpzu'], ['u/yenachar', 17, '2021-08-01 03:19', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79jxlu/', '1) Your encouragement alone is golden.\n\n2) Please advocate for wholesome, moral, forward-looking crypto rules in Canada.', 'ovgpzu'], ['u/Always_Question', 22, '2021-08-01 03:22', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79k62o/', 'The issue is that the language is so broad as to require even individuals (such as software developers, miners, stakers, LPs, etc.) to be caught within the definition of "broker," and then it basically imposes burdensome reporting requirements on everyone--reporting requirements that are usually reserved for full-fledged brokerage firms with dedicated compliance departments.', 'ovgpzu'], ['u/ItsAConspiracy', 11, '2021-08-01 04:29', 'https://www.reddit.com/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, BTC to USD, slid by 3.80% on Sunday. Following a 1.79% decline on Saturday, Bitcoin ended the week up by 12.57% to $39,867.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $42,532.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $42,208 before sliding to a late intraday low $39,493.0.\nThe extended sell off saw Bitcoin fall through the first major support level at $40,811 and the second major support level at $40,282.\nBitcoin also fell through the 38.2% FIB of $41,592 to end the day at sub-$40,000.\nThe near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nChainlink(-2.65%),Litecoin(-2.89%) andRipple’s XRP(-2.83%) led the way down, withCardano’s ADA(-0.43%) also joining Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nPolkadot led the way once more, surging by 14.20%.\nBitcoin Cash SV(+0.15%),Crypto.com Coin(+0.16%), andEthereum(+0.86%) also found support.\nBinance Coinended the day flat.\nIt was a bullish week for the majors, however.\nChainlink surged by 31.86% to lead the way.\nCrypto.com Coin (+12.68%), Ethereum (+16.53%), Polkadot (+18.94%), and Ripple’s XRP (+19.54%) also found strong support.\nBinance Coin (+9.82%), Bitcoin Cash SV (+4.70%), Cardano’s ADA (+6.92%), and Litecoin (+9.81%) trailed the front runners, however.\nIn the week, the crypto total market fell to a Monday low $1,379bn before rising to a Sunday high $1,686bn. At the time of writing, the total market cap stood at $1,587bn.\nBitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 47.33%.\nAt the time of writing, Bitcoin was up by 0.45% to $40,046.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,781.0 before rising to a high $40.075.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was down by 3.36% early on to buck the trend.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 0.70% to lead the way.\nBitcoin would need to move through the $40,631 pivot to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,768 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $41,500 levels.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $42,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $43,700.\nFailure to move through the $40,631 pivot would bring the first major support level at $38,729 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,592.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus\n• All Eyes on NFP as Fed Won’t Make a Move on Policy without Substantial Labor Market Growth\n• The Crypto Daily – Movers and Shakers – August 1st, 2021\n• Economic Data Puts the EUR, the Pound, and the Greenback in Focus\n• ‘Follow the Money’: Major Players Betting on Vaccinations to Keep Global Economy Afloat\n• Price of Gold Fundamental Weekly Forecast – Choppy Moves Ahead with Traders Eyeing Inflation, US Jobs Growth', 'Bitcoin , BTC to USD, slid by 3.80% on Sunday. Following a 1.79% decline on Saturday, Bitcoin ended the week up by 12.57% to $39,867.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,532.0 before hitting reverse. Bitcoin broke through the first major resistance level at $42,208 before sliding to a late intraday low $39,493.0. The extended sell off saw Bitcoin fall through the first major support level at $40,811 and the second major support level at $40,282. Bitcoin also fell through the 38.2% FIB of $41,592 to end the day at sub-$40,000. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 (-2.65%), Litecoin (-2.89%) and Ripple’s XRP (-2.83%) led the way down, with Cardano’s ADA (-0.43%) also joining Bitcoin in the red. It was a bullish day for the rest of the majors, however. Polkadot led the way once more, surging by 14.20%. Bitcoin Cash SV (+0.15%), Crypto.com Coin (+0.16%), and Ethereum (+0.86%) also found support. Binance Coin ended the day flat. It was a bullish week for the majors, however. Chainlink surged by 31.86% to lead the way. Crypto.com Coin (+12.68%), Ethereum (+16.53%), Polkadot (+18.94%), and Ripple’s XRP (+19.54%) also found strong support. Binance Coin (+9.82%), Bitcoin Cash SV (+4.70%), Cardano’s ADA (+6.92%), and Litecoin (+9.81%) trailed the front runners, however. In the week, the crypto total market fell to a Monday low $1,379bn before rising to a Sunday high $1,686bn. At the time of writing, the total market cap stood at $1,587bn. Bitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 47.33%. This Morning At the time of writing, Bitcoin was up by 0.45% to $40,046.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,781.0 before rising to a high $40.075.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 3.36% early on to buck the trend. It was a bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 0.70% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $40,631 pivot to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,768 into play. Support from the broader market would be needed for Bitcoin to break out from $41,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $42,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $43,700. Failure to move through the $40,631 pivot would bring the first major support level at $38,729 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,592. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus All Eyes on NFP as Fed Won’t Make a Move on Policy without Substantial Labor Market Growth The Crypto Daily – Movers and Shakers – August 1st, 2021 Economic Data Puts the EUR, the Pound, and the Greenback in Focus ‘Follow the Money’: Major Players Betting on Vaccinations to Keep Global Economy Afloat Price of Gold Fundamental Weekly Forecast – Choppy Moves Ahead with Traders Eyeing Inflation, US Jobs Growth', '(Bloomberg) -- Matrixport, the crypto-finance venture led by Bitmain Technologies Ltd.\x92s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation to $1 billion in two years since its inception. The Series C funding round was led by DST Global, C Ventures and K3 Ventures with other participants including Qiming Venture Partners and existing backers like IDG Capital and Dragonfly Capital, the firm said in a statement Monday. The Singapore-based startup has raised over $100 million in the round with a second tranche to come, Chief Executive Officer Ge Yuesheng said in an interview. \x93Crypto banking is still a fast-growing niche when compared to wallets and exchanges,\x94 said Ge. \x93Our clients are mainly high net-worth individuals in crypto who have a wide range of expectations of risk and return.\x94 Matrixport belongs to a group of fledgling startups trying to bring a familiar Wall Street formula to the crypto world. It offers crypto financial services from custody to trading and structured products to institutional and retail customers. As of March this year, it held over $10 billion of client assets under management and custody, the firm said. The company aims to go public in three to five years to offer investors an exit, Ge said on Monday. It also aims to have hundreds of billions of dollars in assets under management and custody within five years. Wu spun Matrixport off from Bitmain in 2019, after the world\x92s largest maker of Bitcoin mining rigs ran into a cash crunch. In January, he resigned as chairman and chief executive officer of the company he co-created seven years ago, ending a years-long power struggle with his co-founder Micree Zhan. Wu now serves as chairman of Matrixport, with Ge, his former Bitmain ally, as the CEO. The duo has a majority stake in the firm, Ge said. The startup took in $7 million to $8 million in revenue for 2019 and expected that to more than double in 2020, it told investors when pitching a funding round last year. Ge said the firm is profitable, without disclosing financial numbers. Story continues More stories like this are available on bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2021 Bloomberg L.P.', '(Bloomberg) -- Matrixport, the crypto-finance venture led by Bitmain Technologies Ltd.’s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation to $1 billion in two **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: 2021-08-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $750,814,334,494 - Hash Rate: 103048957.87752669 - Transaction Count: 239277.0 - Unique Addresses: 583866.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: jpgfactory / Getty Images Cryptocurrency has been all the rage in 2021, no doubt in part to the incredible gains that some coins have posted over the past few years. Many investors that had never thought of buying cryptocurrency are now taking a closer look at the asset class. But whereas the financial press mainly focuses on the most popular coins, there are literally hundreds of alternative options in the cryptocurrency space. Learn: Bitcoin Cash (BCH): How’s It Differ From Bitcoin and What’s It Worth? Options: Dogecoin (DOGE): What It Is, What It's Worth and Should You Be Investing? Many of these coins have advantages over names like Ethereum in Bitcoin, particularly as it relates to privacy. Although the blockchain technology that coins like Bitcoin use are meant to be secure and anonymous, some coins manage to keep transactions even more private. Read on to see how some of these alternative coins achieve this level of security. Last updated: June 10, 2021 cryptocurrency blockchain mining Beam (BEAM) Coin price as of June 8: $0.61 A lot of the terms in the crypto world may seem unusual to the casual investor. Beam is a great example, as it uses the MimbleWimble and LelantusMW protocols which operate in the world of confidential Decentralized Finance. Beam is focused primarily on security, as transactions are private by default and addresses are not stored in the blockchain. Although Beam uses the same Unspent Transaction Output model as Bitcoin, Beam’s values are encrypted by so-called “blinding factors,” giving it an extra level of security. Read More: What Are Altcoins — and Are the Potential Rewards Worth the Risks? Grin (GRIN) Coin price as of June 8: $0.36 Grin uses the same MimbleWimble technology as Beam, and it is similarly focused on user and transaction privacy. To help ensure privacy, Grin doesn’t use amounts or addresses. To hide the origins of transactions, it first travels among a subset of peers before it is broadcasted. In other words, all transactions appear to be randomized to any outsiders looking in at the data. Grin leverages the cryptography of Mimblewimble to allow prior transaction data to be removed, which, according to its creators, prevents Grin from collapsing under the weight of too much data kept on its chain. In plain English, Grin’s network is compact, easy to download and verify, and is completely anonymous thanks to the removal of certain transaction information. Find Out: Breaking Down the Basics of Cryptocurrency Close-up photo of a woman buying cryptocurrency through a smart phone app that is also showing the growth graph. Verge Currency (XVG) Coin price as of June 8: $0.0321 Verge Currency was created in 2014 under the name DogeCoinDark. The goal of Verge Currency is to improve upon the original Bitcoin blockchain. Verge integrates TOR, or The Onion Router, which is an IP obfuscation service to help keep transactions secure. According to its creators, Verge is one of the few cryptocurrencies to have multi-algorithm support, using the Proof-of-Work mining principle. For the more technically oriented, Verge has five different hash functions: Scrypt, X17, Lyra2rev2, myr-groestl and blake2s. Story continues Read: Binance Coin (BNB): Why It’s So Interesting to the Cryptocurrency World guy trading stocks Monero (XMR) Coin price as of June 8: $249.99 Monero is a private digital currency that allows users to be their own bank. The Monero security protocols ensure that outsiders cannot see any individual user's balances or activity. This is in contrast to more well-known coins like Ethereum or Bitcoin, which have transparent blockchains. According to its creators, Monero is the only cryptocurrency where, by default, every user is anonymous. The amount of every transaction, in addition to the identity of the sender and receiver, is hidden through three specific technologies: Ring Signatures, RingCT and Stealth Addresses. As every transaction is private, Monero can't be traced. Read: What Is Chain Link and Why Is It Important in the World of Cryptocurrency? Hacker attack the server in the dark. Horizen (ZEN) Coin price as of June 8: $82.86 Zen is the native cryptocurrency of Horizen, which uses Zendoo technology to allow developers and/or businesses to create their own public or private blockchains. Zen is a Proof-of-Work, Equihash-based cryptocurrency that offers two different types of addresses: Z-Addresses and T-Addresses. Z-Addresses are completely private and anonymous and are known as shielded transactions. T-Addresses are public and transparent, used for making Bitcoin-like transactions on the blockchain. Users can choose which type of address they prefer if they want to control their privacy. Find Out: Where Does Cryptocurrency Come From? cryptocurrency-blockchain-bitcoin-ethereum-monero-litecoin-rippl DASH (DASH) Coin price as of June 8: $167.35 DASH is a payment cryptocurrency that, as the name suggests, is meant to be a nearly immediate form of transfer. DASH is what's known as a "fork" of the Bitcoin protocol, except it provides additional privacy features and has negligible transaction fees. DASH uses a two-tier blockchain network that includes both miners and masternodes. The purpose of the masternodes is to functionalities such as PrivateSend and InstantSend, which provide both untraceable and anonymous transactions. DASH, created in 2014, was the first private cryptocurrency. Check Out: Ethereum (ETH): What It Is, What It’s Worth and Should You Be Investing? bitcoin and US fiat currency ZCash (ZEC) Coin price as of June 8: $131.95 If you're an Edward Snowden fan when it comes to privacy, you might want to take a look at ZCash. In 2017, the infamous whistleblower came out in support of ZCash as "the most interesting alternative" to Bitcoin. As with some other coins, ZCash offers two types of transactions: shielded and transparent. ZCash offers enhanced privacy via "zk-SNARKS," which stands for "zero-knowledge succinct non-interactive arguments of knowledge." Although complicated, what matters to the average user is that ZCash tries to improve on the Bitcoin blockchain with enhanced security measures and supports fast block times, low fees and large block sizes. Read: 10 Best Cryptocurrencies To Invest in for 2021 Programmer working late in his office. ByteCoin (BCN) Coin price as of June 8: $0.000445 ByteCoin claims to be the "first private untraceable cryptocurrency." The coin is powered by CryptoNote Technology, which creates untraceable payments, unlinkable transactions and a scalable blockchain. The ByteCoin blockchain obscures all addresses, and it uses Ring signatures to blend different outputs into one transaction. This enhances security by making it nearly impossible to deduce the source of any money. Bytecoin also allows users to generate one-time addresses from a single set of keys, making transactions and addresses unlinkable. Find Out: Do You Invest Like These Millionaire Stars? izmir, Turkey - November 20, 2017 Studio shot of golden Bitcoin with a digital background. Firo (FIRO) Coin price as of June 8: $7.17 Firo, formerly known as ZCoin, uses Dandelion Technology to shuffle user IP addresses between nodes in a random number of steps. This helps protect user anonymity. Lelantus Technology allows Firo users to "burn" their coins in an anonymity set of over 65,000, from which receivers redeem coins. This breaks the link between the coin owner and all other prior transactions that were attached to it, ensuring privacy. This is in contrast to coins like Bitcoin, which have public blockchains and previous transaction histories. Tips: 13 Toxic Investments You Should Avoid Laptop with cryptocurrencies over dark floor. Super Zero Protocol (SERO) Coin price as of June 8: $0.22 SERO bills itself as "the world's first truly privacy protection platform for decentralized applications." SERO is also the world's first platform that allows anonymous digital assets issuance, which means developers can issue their own privacy coins and use them in DApps. Those that are more proficient in crypt development will appreciate that SERO built the world's first Zero-Knowledge Proof encryption library, known as "Super ZK," which is 20 times faster than the latest zk-SNARKS. More From GOBankingRates Jaw-Dropping Stats About the State of Retirement in America How To Keep Your Financial Planning On Track in 2021 20 Home Renovations That Will Hurt Your Home's Value 27 Things You Should Never Do With Your Money This article originally appeared on GOBankingRates.com : 10 of the Most Private Cryptocurrencies To Invest In 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:** ['Payments behemoth Paypal has decided to hire more than 100 crypto experts as the company prepares to expand its crypto services. According to job postings on the company’s website, there is least 102 job openings connected to cryptocurrency and blockchain that include crypto-focused roles in compliance, anti-money laundering and business development for its Irish offices as well in the U.S., Israel, Singapore, Hong Kong, and Guatemala City regarding Paypal’s online money transfer service, Xoom. The positions range from crypto engineering managers, program managers, strategy managers, and blockchain AML analytics managers, to investigators, operations managers, crypto investigations specialists, crypto tax reporting managers, and crypto legal directors. Topping all expectations Paypal CEO Dan Schulman recently confirmed the company will “continue to be pleased with the momentum it is seeing on crypto” and that it will be “adding incremental functionality into that”. The company also announced it is developing a new wallet dubbed “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. Its crypto business topped projections in its first six months of operations. Superfast growth of digital assets such as Bitcoin and Ethereum were accompanied by a massive price surge that pushed the overall cryptocurrency market to a $2.6 trillion valuation. PayPal launched its crypto and blockchain business unit earlier this year to support its raid of cryptocurrencies, which initially began in October 2020 after it allowed customers in the United States to buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). In March this year, the company expanded its offering by allowing U.S. customers to pay for goods and services using crypto. In May, the company enabled its users to withdraw their cryptocurrencies to third-party wallets. For more news, guides and cryptocurrency analysis, click here . View comments', 'Payments behemoth Paypal has decided to hire more than 100 crypto experts as the company prepares to expand its crypto services. According to job postings on the company’s website, there is least 102 job openings connected to cryptocurrency and blockchain that include crypto-focused roles in compliance, anti-money laundering and business development for its Irish offices as well in the U.S., Israel, Singapore, Hong Kong, and Guatemala City regarding Paypal’s online money transfer service, Xoom. The positions range from crypto engineering managers, program managers, strategy managers, and blockchain AML analytics managers, to investigators, operations managers, crypto investigations specialists, crypto tax reporting managers, and crypto legal directors. Topping all expectations Paypal CEO Dan Schulman recently confirmed the company will “continue to be pleased with the momentum it is seeing on crypto” and that it will be “adding incremental functionality into that”. The company also announced it is developing a new wallet dubbed “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. Its crypto business topped projections in its first six months of operations. Superfast growth of digital assets such as Bitcoin and Ethereum were accompanied by a massive price surge that pushed the overall cryptocurrency market to a $2.6 trillion valuation. PayPal launched its crypto and blockchain business unit earlier this year to support its raid of cryptocurrencies, which initially began in October 2020 after it allowed customers in the United States to buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). In March this year, the company expanded its offering by allowing U.S. customers to pay for goods and services using crypto. In May, the company enabled its users to withdraw their cryptocurrencies to third-party wallets. For more news, guides and cryptocurrency analysis, click here . View comments', 'Bitcoin , BTC to USD, fell by 1.81% on Monday. Following a 3.80% slide from Sunday, Bitcoin ended the day at $39,149.5. A mixed start to the day saw Bitcoin rise to a mid-morning intraday high $40,449.0 before hitting reverse. Falling short of the first major resistance level at $41,768, Bitcoin fell to a late intraday low $38,716.0. Finding support at the first major support level at $38,729, however, Bitcoin moved back through to $39,000 levels to reduce the deficit. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Binance Coin (-0.63%), Cardano’s ADA (-0.44%), Crypto.com Coin (-1.75%), and Polkadot (-0.53%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink rallied by 6.20% to lead the way. Bitcoin Cash SV (+2.14%), Ethereum (+2.04%), and Ripple’s XRP (+2.16%) also found strong support. Litecoin (+0.75%) trailed the front runners, however Early in the week, the crypto total market fell to a Monday low $1,555bn before rising to a Monday high $1,611bn. At the time of writing, the total market cap stood at $1,567bn. Bitcoin’s dominance rose to a Monday high 47.49% before falling to a Monday low 46.61%. At the time of writing, Bitcoin’s dominance stood at 46.65%. This Morning At the time of writing, Bitcoin was down by 0.68% to $38,885.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,189.9 before falling to a low $38,780.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Polkadot was up by 0.43% early on to buck the trend. It was a bearish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was down by 2.01% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $39,438 pivot to bring the first major resistance level at $40,160 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the first major resistance level and Monday’s high $40,449.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,171. Failure to move through the $39,438 pivot would bring the first major support level at $38,427 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,795. This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Exchange Rate Prediction – The USD/CAD Rallies on Manufacturing Survey Miss Economic Data Puts the Loonie and the Greenback in Focus, with the RBA also in Action USD/CAD Daily Forecast – Test Of Resistance At 1.2500 The Crypto Daily – Movers and Shakers – August 2nd, 2021 Dogecoin – Daily Tech Analysis – August 3rd, 2021 S&P 500 Price Forecast – Stock Markets Continue to Reach Towards Highs', 'Bitcoin, BTC to USD, fell by 1.81% on Monday. Following a 3.80% slide from Sunday, Bitcoin ended the day at $39,149.5.\nA mixed start to the day saw Bitcoin rise to a mid-morning intraday high $40,449.0 before hitting reverse.\nFalling short of the first major resistance level at $41,768, Bitcoin fell to a late intraday low $38,716.0.\nFinding support at the first major support level at $38,729, however, Bitcoin moved back through to $39,000 levels to reduce the deficit.\nThe near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Monday.\nBinance Coin(-0.63%),Cardano’s ADA(-0.44%),Crypto.com Coin(-1.75%), and Polkadot (-0.53%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nChainlinkrallied by 6.20% to lead the way.\nBitcoin Cash SV(+2.14%),Ethereum(+2.04%), andRipple’s XRP(+2.16%) also found strong support.\nLitecoin(+0.75%) trailed the front runners, however\nEarly in the week, the crypto total market fell to a Monday low $1,555bn before rising to a Monday high $1,611bn. At the time of writing, the total market cap stood at $1,567bn.\nBitcoin’s dominance rose to a Monday high 47.49% before falling to a Monday low 46.61%. At the time of writing, Bitcoin’s dominance stood at 46.65%.\nAt the time of writing, Bitcoin was down by 0.68% to $38,885.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,189.9 before falling to a low $38,780.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nPolkadot was up by 0.43% early on to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was down by 2.01% to lead the way down.\nBitcoin would need to move through the $39,438 pivot to bring the first major resistance level at $40,160 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $40,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Monday’s high $40,449.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,171.\nFailure to move through the $39,438 pivot would bring the first major support level at $38,427 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,795.\nThisarticlewas originally posted on FX Empire\n• USD/CAD Exchange Rate Prediction – The USD/CAD Rallies on Manufacturing Survey Miss\n• Economic **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: 2021-08-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $721,896,091,162 - Hash Rate: 121785132.03707698 - Transaction Count: 246198.0 - Unique Addresses: 593856.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bakkt Holdings now allows users of its wallet to sendbitcoin, gift cards and cash to anyone, including people who don’t use the app. • The company said app users can send crypto and gift cards to family, friends or broader social circles through email. • “Bakkt has aimed to provide the app, marketplace and payments infrastructure to make all digital assets transactable, and this new functionality welcomes everyone to have a frictionless digital experience to send and receive bitcoin, gift cards, or cash to anyone,” CEO Gavin Michael said in a statement. • In May, Bakktannounceda partnership with Cantaloupe that allows bitcoin and loyalty points to be used to buy items at vending machines and other self-serve kiosks, known as “unattended retail.” • The Bakkt app was announced in October 2019, but wasn’t launched until March because of a delay caused by COVID-19. Read more:PayPal Will Let Customers Withdraw Crypto, Exec Says • Bitcoin Upside Fades; Lower Support at $34K • Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement • Stripe Co-Founder Is ‘Enthusiastic’ About Bitcoin, 3 Years After Ending Its Support • Market Wrap: Attempts to Push Bitcoin Above $40K Stall... - 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:** ['Cryptocurrency exchange FTX has inked a multi-year deal with Riot Games for rights to display its branding during a seasonal tournament of the popular game League of Legends. The seven-year deal means FTX will have its logo displayed prominently during The League Championship Series (LCS) \x96 North America\x92s pre-eminent tournament for the game. Riot Games said it was the largest sponsorship agreement it has signed for an esports league to date. The amount was undisclosed. Beginning this weekend, branding will appear during the tournament near the gold advantage resource counter as well as on the bottom left-hand side of the screen. Player net worth, total team gold, and gold graphs will also feature FTX branding next to those in-game stats. Additionally, FTX will directly sponsor the LCS\x92s \x93Most Improved Player Award.\x94 In June, FTX acquired the naming rights for esports team TSM in a $210 million deal . TSM began as a League of Legends website and playing guide resource in 2009. League of Legends had over 120 million active monthly users in each of the past four months, making it one of the world\x92s most popular games, data show . Related Stories Former CFTC Attorney Ryne Miller Joins FTX.US as General Counsel Gaming as a Tool of Economic Empowerment $100K in Bitcoin Up for Grabs as FTX\x92s MLB Team-Up Advances US Derivatives Traders Are Easily Bypassing Blocks on Offshore Exchanges: Report', 'Cryptocurrency exchange FTX has inked a multi-year deal with Riot Games for rights to display its branding during a seasonal tournament of the popular game League of Legends.\n• The seven-year deal means FTX will have its logo displayed prominently during The League Championship Series (LCS) – North America’s pre-eminent tournament for the game.\n• Riot Games said it was the largest sponsorship agreement it has signed for an esports league to date. The amount was undisclosed.\n• Beginning this weekend, branding will appear during the tournament near the gold advantage resource counter as well as on the bottom left-hand side of the screen.\n• Player net worth, total team gold, and gold graphs will also feature FTX branding next to those in-game stats.\n• Additionally, FTX will directly sponsor the LCS’s “Most Improved Player Award.”\n• In June, FTX acquired the naming rights for esports team TSM in a$210 million deal. TSM began as a League of Legends website and playing guide resource in 2009.\n• League of Legends had over 120 million active monthly users in each of the past four months, making it one of the world’s most popular games,data show.\n• Former CFTC Attorney Ryne Miller Joins FTX.US as General Counsel\n• Gaming as a Tool of Economic Empowerment\n• $100K in Bitcoin Up for Grabs as FTX’s MLB Team-Up Advances\n• US Derivatives Traders Are Easily Bypassing Blocks on Offshore Exchanges: Report', 'Cryptocurrency Bitcoin SV suffered a 51% attack Tuesday morning, according to an analyst from the crypto intelligence firm Coin Metrics. The attack is continuing into Wednesday, according to another security expert. The attack was still underway as of 7:30 UTC on Wednesday, said Kim Nilsson , a bitcoin security expert known for his investigation into the Mt. Gox attack . The reorgs are continuing and “by now I’ve lost track of all the various chain tips,” Nilsson told CoinDesk via Telegram. Coin Metrics corroborated Nuzzi’s report later on Tuesday, tweeting that its blockchain security monitoring tool FARUM saw a 14-block reorg of the network. According to Nilsson, the first reorg on Tuesday was about 100 blocks deep. Nikita Zhavoronkov, the lead developer at Blockchain analytics platform Blockchair, agreed in a tweet , adding that it wiped 570,000 transactions. Coin Metrics said late on Tuesday that the attack had ended, but that there was still confusion between mining pools. Pools are mining on “completely different” block heights at the moment, Nuzzi told CoinDesk in a message late on Tuesday. A 51% attack occurs when malicious miners take control of more than 50% of a proof-of-work blockchain. The attackers can take advantage of block reorganization, a feature meant to clear up incidences when two miners have mined the same block. Broadly speaking, when two versions of the same blocks are mined, the system defaults to the longest chain. By mining faster than the honest miners during a 51% attack, the assailants can create a longer chain so that the system will render the honest miners’ blocks invalid. The Bitcoin Association recommended that node operators invalidate the fraudulent chain. This mitigation strategy has “further split the network as different nodes now disagree on the current chain tip,” Nilsson said. Bitcoin SV, which was born through a hard fork of Bitcoin Cash, suffered four attacks in July. There is no “clear indication” of the attacker’s identity, and Coin Metrics is still looking into the attacker’s chain for “traces of double spends targeting exchanges,” Nuzzi said. Major BSV mining pools are still struggling to align on the same blockchain, he said. The BSV hashrate fell by almost 50% from Monday to Tuesday, according to Bitinfocharts . But Nuzzi said that due to the confusion after the reorg, it’s hard to estimate how much the hashrate has dropped. Attacks on BSV and similar cryptocurrencies are “cheap and straightforward to perform” because they use the same algorithm as Bitcoin but are not protected by a large hashrate, Nilsson said. Story continues UPDATE (AUG. 4, 04:00 UTC): Added quote from Lucas Nuzzi and information on hashrate and block reorgs. CORRECTION (AUG. 4, 4:00 UTC ) : The block reorg was 14 blocks, according to CoinMetrics. Related: Bitcoin News Roundup for August 3, 2021 UPDATE (AUG. 4, 07:00 UTC): Added quotes and analysis from Kim Nilsson, as well as screenshots from Blockchair and WhatsOnChain.com . Related Stories Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High Justin Sun Joins Research Project at Communist Party School NFTs Are Coming to India’s Flourishing Art Market View comments', 'Cryptocurrency Bitcoin SV suffered a 51% attack Tuesday morning, according to an analyst from the crypto intelligence firm Coin Metrics. The attack is continuing into Wednesday, according to another security expert.\n• The attack was still underway as of 7:30 UTC on Wednesday, saidKim Nilsson, a bitcoin security expert known for his investigation into theMt. Gox attack.\n• Thereorgsare continuing and “by now I’ve lost track of all the various chain tips,” Nilsson told CoinDesk via Telegram.\n• Coin Metrics corroborated Nuzzi’s report later on Tuesday,tweetingthat its blockchain security monitoring tool FARUM saw a 14-block reorg of the network.\n• According to Nilsson, the first reorg on Tuesday was about 100 blocks deep. Nikita Zhavoronkov, the lead developer at Blockchain analytics platform Blockchair, agreed in atweet, adding that it wiped 570,000 transactions.\n• Coin Metrics said late on Tuesday that the attack had ended, but that there was still confusion between mining pools. Pools are mining on “completely different” block heights at the moment, Nuzzi told CoinDesk in a message late on Tuesday.\n• A 51% attack occurs when malicious miners take control of more than 50% of aproof-of-workblockchain. The attackers can take advantage of block reorganization, a feature meant to clear up incidences when two miners have mined the same block.\n• Broadly speaking, when two versions of the same blocks are mined, the system defaults to the longest chain. By mining faster than the honest miners during a 51% attack, the assailants can create a longer chain so that the system will render the honest miners’ blocks invalid.\n• The Bitcoin Associationrecommendedthat node operators invalidate the fraudulent chain.\n• This mitigation strategy has “further split the network as different nodes now disagree on the current chain tip,” Nilsson said.\n• Bitcoin SV, which was born through a hard fork of Bitcoin Cash,sufferedfour attacks in July.\n• There is no “clear indication” of the attacker’s identity, and Coin Metrics is still looking into the attacker’s chain for “traces of double spends targeting exchanges,” Nuzzi said.\n• Major BSV mining pools are still struggling to align on the same blockchain, he said.\n• The BSV hashrate fell by almost 50% from Monday to Tuesday, according toBitinfocharts. But Nuzzi said that due to the confusion after the reorg, it’s hard to estimate how much the hashrate has dropped.\n• Attacks on BSV and similar cryptocurrencies are “cheap and straightforward to perform” because they use the same algorithm as Bitcoin but are not protected by a large hashrate, Nilsson said.\nUPDATE (AUG. 4, 04:00 UTC):Added quote from Lucas Nuzzi and information on hashrate and block reorgs.\nCORRECTION (AUG. 4, 4:00 UTC): The block reorg was 14 blocks, according to CoinMetrics.\nRelated:Bitcoin News Roundup for August 3, 2021\nUPDATE (AUG. 4, 07:00 UTC):Added quotes and analysis from Kim Nilsson, as well as screenshots from Blockchair and WhatsOnChain.com.\n• Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High\n• Justin Sun Joins Research Project at Communist Party School\n• NFTs Are Coming to India’s Flourishing Art Market', 'U.S. Sen. Rob Portman (R.-Ohio) is defending a controversial crypto provision slipped into the $1 trillion\xa0infrastructure bill\xa0that’s being debated in the Senate. The provision seeks to raise $28 billion in taxes from crypto businesses by applying new information reporting requirements to exchanges and potentially other types of crypto services. Portman argues his “ common sense ” provision will provide more clarity and legitimacy for the crypto industry by standardizing information reporting by brokers to the Internal Revenue Service. Related: Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market The controversy centers around the definition of the term “broker” **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: 2021-08-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $710,124,732,188 - Hash Rate: 98004603.29610927 - Transaction Count: 239596.0 - Unique Addresses: 587149.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.42 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A visual representation of the digital currency Bitcoin sinking into water on 15 August, 2018 in London, England (Getty Images) The FBI ’s successful recovery of the cryptocurrency ransom paid to the hackers of Colonial Pipeline could lead to a further tumble in bitcoin prices, some analysts have warned, as the coin heads towards a potential “death cross” indicative of more sell-offs. Market watchers say if the average price of BTC over the last 50 days goes below its 200-day moving average, the cryptocurrency may reach the dreaded death cross - a point on the charts that would suggest the digital currency’s value may be subdued for a longer time to come. On Monday, the US Justice Department revealed that investigators seized $2.3 million of the $4.4 million that was paid to the hacker group DarkSide after the ransomware attack on Colonial Pipeline . Since the investigative agency’s move involved obtaining a password to DarkSide’s Bitcoin account to recover the crypto assets, experts believe it sends a signal that the digital currency is not completely beyond government control. While the current downward trend in bitcoin prices is linked to a mix of several other factors such as Tesla no longer accepting the cryptocurrency as a payment mode for its vehicles, and China’s ban on BTC mining and trading, some have linked the FBI’s recovery of the Colonial Pipeline bitcoin ransom to the latest crash in prices. Unless something changes soon for #bitcoin then we could be staring down a death cross in mid June!!! pic.twitter.com/K3pkvNrnPx — Lark Davis (@TheCryptoLark) June 4, 2021 Experts nonetheless pointed out that the recovered cryptocurrency only amounted to 69 bitcoins worth $2.3m, adding that it is not a reflection of the network’s overall security or strength. They also highlighted that the investigators were able to recover the bitcoins only since the hackers had left a chunk of the ransom on an exchange or custodial wallet in the US, subject to law enforcement interference, suggesting that if the hackers had moved the money to cold storage it may not have been recovered. Story continues More info from the warrant here. So it looks like I was right. The FBI did not obtain the private keys. Instead, they took legal action against an exchange or some kind of custodial wallet that has servers in N California (Coinbase, lol?). These "hackers" were grossly incompetent pic.twitter.com/27YN3FMJUM — Jordan Schachtel (@JordanSchachtel) June 7, 2021 Now as BTC prices stumble further, anonymous analyst Rekt Capital and several others believe the current trajectory hints at the potential formation of a death cross. 12. With a new Death Cross looming large, #BTC already finds itself below the Stock to Flow line In that respect, $BTC in its current period (i.e. 6) is similar to periods 1, 4, and 5 In these periods, a Death Cross occurred when BTC was already below the Stock to Flow line pic.twitter.com/gb0REIQqma — Rekt Capital (@rektcapital) June 8, 2021 “A death cross could be an indication that prices may remain subdued for a while to come,” Mati Greenspan, founder of Quantum Economics, was quoted as saying by Bloomberg. However, Greenspan believes a death cross is typically followed by a “golden cross,” a period marked by a bullish signal in which prices rise again. “If prices bottom out around here, we can probably expect a strong rally to resume once the market is ready for it,” he added. Read More Hacking group Anonymous issues threat to Elon Musk First-ever auction of NFT based on Nobel Prize-winning research data fetches Berkeley $50,000 Bitcoin: El Salvador makes monetary history by becoming first country to adopt the crypto as currency... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.\nVANCOUVER, BC / ACCESSWIRE / August 4, 2021 /HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(NASDAQ:HVBT)(FSE:HBF) (the "Company" or "HIVE") announces that it has, as requested by HIVE management, been granted a management cease trade order (the "MCTO") by the British Columbia Securities Commission (the "BCSC"). This means that during the MCTO the stock will remain trading while management works diligently to complete the audit of its annual financial statements. The directors and management, including the CEO and CFO, of HIVE will not be able to trade shares during this period. As previously announced on July 29, 2021 the application for the MCTO was made due to a delay in the preparation and filing of its financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the "Annual Filings").\nAbout HIVE Blockchain Technologies Ltd.\nHIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.\nHIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visitwww.HIVEblockchain.com. Follow@HIVEblockchain on Twitterand subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Blockchain Technologies Ltd.\n"Frank Holmes"Executive Chairman\nFor further information please contact:\nFrank HolmesTel: (604) 664-1078\nNeither 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\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" 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. "Forward-looking information" in this news release includes, but is not limited to, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the registration statement of the Company and other documents disclosed under the Company\'s filings atwww.sec.gov/EDGARandwww.sedar.com.\nThe forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.\nSOURCE:HIVE Blockchain Technologies Ltd.\nView source version on accesswire.com:https://www.accesswire.com/658492/HIVE-Blockchain-Receives-MCTO', 'This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021. VANCOUVER, BC / ACCESSWIRE / August 4, 2021 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(NASDAQ:HVBT)(FSE:HBF) (the " Company " or " HIVE ") announces that it has, as requested by HIVE management, been granted a management cease trade order (the " MCTO ") by the British Columbia Securities Commission (the " BCSC "). This means that during the MCTO the stock will remain trading while management works diligently to complete the audit of its annual financial statements. The directors and management, including the CEO and CFO, of HIVE will not be able to trade shares during this period. As previously announced on July 29, 2021 the application for the MCTO was made due to a delay in the preparation and filing of its financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the "Annual Filings"). About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020. Story continues We encourage you to visit HIVE\'s YouTube channel here to learn more about HIVE. 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" 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 "forward-looking information" 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. "Forward-looking information" in this news release includes, but is not limited to, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the registration statement of the Company and other documents disclosed under the Company\'s filings at www.sec.gov/EDGAR and www.sedar.com . The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. SOURCE: HIVE Blockchain Technologies Ltd. View source version on accesswire.com: h **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: 2021-08-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $732,281,911,650 - Hash Rate: 115299533.28954034 - Transaction Count: 246175.0 - Unique Addresses: 614597.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Square Inc. has pledged a $5 million investment into building a solar-powered bitcoin (BTC) mining facility. A new partnership with global blockchain technology leader Blockstream. According to reports, the new facility will be situated at a Blockstream mining site in the United States. Squareelaborated on its involvementon its official Twitter account, stating: “We’re committed to driving further adoption and efficiency of renewables within the bitcoin ecosystem, which is why we’ve teamed up with @Blockstream to launch an open-source renewable energy mining project as part of our Bitcoin Clean Energy Initiative.” “Together, we’ll be creating a public-facing dashboard to serve as a transparent case study for renewable energy and bitcoin mining. As we continue to explore the synergies between the two, we’re excited to share our ongoing learnings and real world data points.” Blockstream representatives also issued details about the ventureon its website, reiterating various points on its own Twitter. One tweet indicated that while Square fronts the money, they will provide “infrastructure and expertise to build and manage the project.” They also alluded to the presence of renewable energy-based mining operations across the world. However, they stated that this new project “will become a model that other businesses can learn from.” “We plan on providing regular reports on the economics of the project.”one final tweetsaid. “And we’re also planning on building a freely-accessible dashboard showing real-time metrics of the project’s performance, including power output and bitcoin mined.” Blockstream referred to renewable energy as “the most cost-effective power available” on their website. And several countries have gravitated towards it over power sources with heavy fossil fuel emissions. In the few weeks alone, crypto mining’s environmental impact has become something of a touchy subject in various parts of the world. Perhaps most notoriously, Elon Musk’s decisionto suspend BTCas a form of payment at his company Tesla. Citing its energy consumption and damage to the environment as the reasons. While noting cryptocurrencies’ benefits, Musk said they should not come at the cost of the environment. Furthermore, China’s crackdown on bitcoin mining operations have led several mining pools to close. However, the decline in China reportedlyled to an increasein operations in the U.S. A large portion of which involved renewable energy sources. And further still, officials in Iran blamed rolling blackouts partly on cryptocurrency mining activities. With this in mind, a number of official mining farms in the countryvoluntarily shut down their operationsto reduce strain on the power grid. Iran previously announcedthey would enforce fineson anyone caught mining cryptocurrencies using household electricity.... - 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:** ['This week saw the launch of a research-driven actively managed ETF from a female-led asset manager. And no, we\x92re not talking about Cathie Wood\x92s ARK but rather a firm called SPEAR Invest. The SPEAR Alpha ETF (SPRX) relies heavily on in-house research and analysis to select companies that seem likely to \x93benefit from breakthrough innovation in industrial technology,\x94 according to its prospectus, or that could \x93transform\x94 the industrial sector. SPRX comes with an expense ratio of 0.75% and lists on the Nasdaq stock market. Basically, the fund is looking for disruptive innovation opportunities in the industrial sector, with the categories of focus including environmental focus and decarbonization; manufacturing digitalization; robotics and industrial automation; photonics and additive manufacturing; space exploration; and artificial intelligence. \x93Although SPRX invests in innovative industrial technologies, we believe the real value comes from finding under-the-radar opportunities across the supply chain,\x94 Ivana Delevska, SPEAR Invest\x92s founder and SPRX\x92s manager, said in a press release. Intensive Research \x93The fund is based on a strategy built on primary research in a sector that could have significant and underappreciated tail winds over the next five years,\x94 she added. The referenced primary research includes anything from conversations with management of companies in question to delving into court hearings and accounting issues. SPRX\x92s universe includes about 120 securities that fall under the identified themes. From there, the firm looks at things like competitive positioning, financial performance, management quality and ESG criteria in order to winnow the securities down to a high-conviction portfolio of roughly 25 holdings. At launch, the company\x92s top holdings included Ingersoll Rand (5.13%), General Electric (5.11%) and Nvidia (4.99%). Given that only one stock in SPRX\x92s top 10 holdings appears in the portfolio of the ARK Innovation ETF (ARKK) , the similarities with Cathie Wood\x92s firm seem to be limited largely to a shared focus on disruptive innovation and high-conviction stock selection backed by intensive research. Story continues (Use our stock finder tool to find an ETF\x92s allocation to a certain stock.) Contact Heather Bell at [email protected] Recommended Stories The Future Fund Debuts 1st ETF COVID Biotech ETFs Rise At Fever Pace Hot Reads: Valkyrie Leads Bitcoin ETF Race Robinhood\x92s Lessons For ETF Issuers Permalink | © Copyright 2021 ETF.com. All rights reserved', 'This week saw the launch of a research-driven actively managed ETF from a female-led asset manager. And no, we’re not talking about Cathie Wood’s ARK but rather a firm called SPEAR Invest.\nTheSPEAR Alpha ETF (SPRX)relies heavily on in-house research and analysis to select companies that seem likely to “benefit from breakthrough innovation in industrial technology,” according to its prospectus, or that could “transform” the industrial sector.\nSPRX comes with an expense ratio of 0.75% and lists on the Nasdaq stock market.\nBasically, the fund is looking for disruptive innovation opportunities in the industrial sector, with the categories of focus including environmental focus and decarbonization; manufacturing digitalization; robotics and industrial automation; photonics and additive manufacturing; space exploration; and artificial intelligence.\n“Although SPRX invests in innovative industrial technologies, we believe the real value comes from finding under-the-radar opportunities across the supply chain,” Ivana Delevska, SPEAR Invest’s founder and SPRX’s manager, said in a press release.\nIntensive Research\n“The fund is based on a strategy built on primary research in a sector that could have significant and underappreciated tail winds over the next five years,” she added.\nThe referenced primary research includes anything from conversations with management of companies in question to delving into court hearings and accounting issues.\nSPRX’s universe includes about 120 securities that fall under the identified themes. From there, the firm looks at things like competitive positioning, financial performance, management quality and ESG criteria in order to winnow the securities down to a high-conviction portfolio of roughly 25 holdings.\nAt launch, the company’s top holdings included Ingersoll Rand (5.13%), General Electric (5.11%) and Nvidia (4.99%). Given that only one stock in SPRX’s top 10 holdings appears in the portfolio of theARK Innovation ETF (ARKK), the similarities with Cathie Wood’s firm seem to be limited largely to a shared focus on disruptive innovation and high-conviction stock selection backed by intensive research.\n(Use ourstock finder toolto find an ETF’s allocation to a certain stock.)\nContact Heather Bell [email protected]\nRecommended Stories\n• The Future Fund Debuts 1st ETF\n• COVID Biotech ETFs Rise At Fever Pace\n• Hot Reads: Valkyrie Leads Bitcoin ETF Race\n• Robinhood’s Lessons For ETF Issuers\nPermalink| © Copyright 2021ETF.com.All rights reserved', 'When we at Fortune were discussing the possibility of publishing a crypto-themed issue , there was no doubt about who should design the cover : pplpleasr , the graphic artist whose work has defined the look of the “ decentralized finance ” movement. (She ranked No. 5 on Fortune’s inaugural NFTy 50 list of the industry’s top influencers.) For the August/September 2021 issue , titled “Crypto vs. Wall Street,” pplpleasr depicted the down-the-rabbit-hole world of so-called DeFi in all its playful vitality. Mascots of popular projects—like Uniswap (the unicorn), Aave (ghost), and MetaMask (fox)—are partying on the cover alongside various crypto influencers . An Alice-in-Wonderland -like crypto-portal towers above the legacy financial system, dwarfing silhouettes of banks, skyscrapers, and the iconic stock market bull. It’s a stunning—and statement-making—piece. The message? Crypto is here, whether or not Wall Street is prepared for it. True to her nom de pixel, pplpleasr pleas’d the ppl . Based on the cover’s ecstatic reception, we decided to mint 256 limited editions of pplpleasr’s animated art as non-fungible tokens, or NFTs. The number is a nod to the 256 bits that make up the cryptographic keys associated with cryptocurrencies such as Bitcoin and Ether. The NFTs will sell at a fixed price of 1 Ether (ETH) each, rather than auctioning off a single, one-of-a-kind NFT for a large sum, and thereby giving more people access to the series. In addition to supporting democratization, we believe in the power of open markets, cutting edge tech, and fun—so, as an added perk, we worked with the tech wizards at Manifold on custom smart contracts to enhance the bidding experience for three additional, rarer NFTs. These bonus versions feature more in-depth graphics, and they are programmed to react to a certain list of “buyer” Ethereum addresses. Here’s how it works. If a bid comes from one of the listed buyer’s addresses, the NFT will update to a special edition artwork designed specifically for the target buyer. If a non-targeted buyer out-bids a targeted one, then the NFT reverts to its original artwork. In case you find that confusing, pplpleasr has a lucid video explanation here . Story continues Bottom line: This is a crazy experiment and even we don’t know what’s going to happen. What is clear to us is, however, that decentralization and digitization are profound forces that are fundamentally reshaping the world of business—and beyond. We believe the technology behind NFTs could shift power away from an oligopoly of corporate giants and back into the hands of creators and fans alike. It has the potential to be a great equalizer. If you want to join Fortune for the journey, we are dropping our first-ever NFTs on the marketplace OpenSea on Friday starting at 12 p.m. ET. The auction is set to last through Monday at 12 p.m. ET. You can place a bid, or watch the action, here . (Update: An earlier version of this article said the auction will end at 9 p.m. et. The auction will now end at noon ET on Monday due to the way the smart contracts were set.) At Fortune, home of the Fortune 500 list , we don’t just chronicle big industrial transformations. We live them. Robert Hackett @rhhackett [email protected] This story was originally featured on Fortune.com', 'When we atFortunewere discussing the possibility of publishing acrypto-themed issue, there was no doubt about who should designthe cover:pplpleasr, the graphic artist whose work has defined the look of the “decentralized finance” movement. (She ranked No. 5 on Fortune’s inauguralNFTy 50 listof the industry’s top influencers.)\nFor theAugust/September 2021 issue, titled “Crypto vs. Wall Street,” pplpleasrdepictedthe down-the-rabbit-hole world of so-called DeFi in all its playful vitality. Mascots of popular projects—like Uniswap (the unicorn), Aave (ghost), and MetaMask (fox)—are partying on the cover alongsidevarious crypto influencers. AnAlice-in-Wonderland-like crypto-portal towers above the legacy financial system, dwarfing silhouettes of banks, skyscrapers, and the iconic stock market bull. It’s a stunning—and statement-making—piece.\nThe message? Crypto is here, whether or not Wall Street is prepared for it.\nTrue to her nom de pixel, pplpleasrpleas’d the ppl. Based on the cover’s ecstatic reception, we decided to mint 256 limited editions of pplpleasr’s animated art as non-fungible tokens, or NFTs. The number is a nod to the 256 bits that make up the cryptographic keys associated with cryptocurrencies such as Bitcoin and Ether. The NFTs will sell at a fixed price of 1 Ether (ETH) each, rather than auctioning off a single, one-of-a-kind NFT for a large sum, and thereby giving more people access to the series.\nIn addition to supporting democratization, we believe in the power of open markets, cutting edge tech, and fun—so, as an added perk, we worked wi **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: 2021-08-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $760,815,836,844 - Hash Rate: 114578911.20648073 - Transaction Count: 260810.0 - Unique Addresses: 636514.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Federal Reserve’s balance sheet has exceeded $8 trillion for the first time, following extensive measures the U.S. central bank took last year to contain the economic damage from the coronavirus. The Fed’s balance sheet has nearly doubled since March 2020, when the pandemic erupted in the U.S, based on weekly statistics released Thursday by the U.S. central bank. The central bank announced last week it would start selling the corporate bonds and exchange-traded bonds it bought during the pandemic through an emergency-lending vehicle. Related: The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin But the Fed’s monetary-policy committee has pledged to keep buying U.S. Treasury bonds and mortgage bonds at a pace of about $120 billion a month “until substantial further progress has been made toward the committee’s maximum employment and price stability goals.” Cryptocurrency investors have been monitoring if and when the Fed will start tapering its easy money policy. A popular narrative in the crypto market is to view bitcoin as a hedge against inflation, especially in the face of the trillions of dollars of monetary stimulus pumped into financial markets over the past year. Prior to the financial crisis of 2008, the Federal Reserve balance sheet stood at less than $1 trillion. Related Stories US Consumer Prices Rise Faster Than Expected in May Bitcoin Jumps Most in 2 Weeks to $36K After El Salvador Passes Currency Law Bitcoin Suffers Steepest Drop in 10 Days as US Monetary Policy Causes ‘Short-Term Jitters’... - Reddit Posts (Sample): [['u/sixfootsauropod', '"A Little Book of Ace" details', 69, '2021-08-06 00:07', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/', 'I am so excited to say that my book, a Little Book of Ace is published and is on Amazon in both paperback and ebook. Here is the link: [https://www.amazon.com/dp/B09B2F9BLB](https://www.amazon.com/dp/B09B2F9BLB)[?](https://www.amazon.com/Little-Book-Ace-learning-asexuality-ebook/dp/B099WLJBTC/ref=zg_bsnr_171188_1?_encoding=UTF8&amp;psc=1&amp;refRID=H1T5ZA6CMD77D6QY2DJ2) It\'s currently #1 in young adult sexuality new releases :)\n\nWhat you can expect to find within (photos below):\n\n\\- Definitions and terminology\n\n\\- Illustrated concepts and analogies\n\n\\- An alphabetized identity index\n\n\\- Common misconceptions about the ace community\n\n\\- Some powerful quotes from aspec individuals\n\n\\- Journal-styled reflection spaces and personalized identity expression\n\n\\- A resources and representation list\n\nI am ecstatic to have this book out there, and really hope that it is something that can help people. :\') When I came out, there was nothing more I wanted than a book where I could feel fully myself and help explain somewhat complex/new ideas to people in my life. I wrote this for you, and I really hope you enjoy it. &lt;3\n\n&amp;#x200B;\n\n[\\\\"a little book of ace\\\\" cover](https://preview.redd.it/khndg4qn3mf71.jpg?width=2751&amp;format=pjpg&amp;auto=webp&amp;s=4f1a669d7702e46f0e41a64c3fbd126a5974977b)\n\n&amp;#x200B;\n\n[table of contents](https://preview.redd.it/z2pa1pkp3mf71.jpg?width=3024&amp;format=pjpg&amp;auto=webp&amp;s=c3a6c97369bb8780e91dad82dce7574d67f04cc1)\n\n&amp;#x200B;\n\n[back cover](https://preview.redd.it/ma6zapar3mf71.jpg?width=2751&amp;format=pjpg&amp;auto=webp&amp;s=1572ee3c8a5312592017861c8b9885786ba1d4fb)', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/', 'oyt23q', [['u/southpawFA', 14, '2021-08-06 00:13', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/h7v3evq/', "Awesome. I pinned it to the front page. Your book looks amazing. I'm going to go order it.", 'oyt23q'], ['u/sixfootsauropod', 10, '2021-08-06 00:14', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/h7v3hzp/', 'yayyyy you are the best!! &lt;3 thanks so much for the support. I hope that you love it.', 'oyt23q']]], ['u/whatthefuckistime', 'Is DOGE slowly dying? I did some math on this recent run and compared it to BTC and ETH', 19, '2021-08-06 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/', 'BTC\'s run from $29482 to $40977 on 6/21 represents a 38,99% increase in just 15 days, ETH in a similar went from $1747 to $2831 in the same timeframe, which is a whooping 62,05% increase.\n\nDOGE, in contrast, went from $0.17048 to $0.2014 which is "only" a 18,14% increase, 46.52% the size of BTC\'s move and only 29,67% of ETH\'s move.\n\nDoes DOGE still have legs to run? Or is this hype finally dying? \n\nOther coins similar to it like SAFEMOON and SHIB are also tanking hard recently, can this be the end?', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/', 'oyt9v7', [['u/PopDukesBruh', 22, '2021-08-06 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/h7v4eg9/', 'I mean Doge is paying for my family’s trip to Disney , and bought me a bunch of Ether I staked. I could see Doge doing a rebound at some point, but I’m not buying more any time soon', 'oyt9v7'], ['u/whatthefuckistime', 11, '2021-08-06 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/h7v4r00/', "DOGE gains are the most insane if you bought it more than 6 months ago, but recently it doesn't seem like a good buy, if it ever really was and not just a lucky thing that so much hype went into it hahhah", 'oyt9v7'], ['u/ScroogeMcStonks', 10, '2021-08-06 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/h7v5ax6/', 'Till next bullrun sure. Doge will always hold a special place in everyones hearts though', 'oyt9v7']]], ['u/gothamsteel', 'IMPACT Discussion Thread 8/5/2021: The Elite vs Callihan, Kazarian and Edwards', 170, '2021-08-06 01:31', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/', "##[How To Watch Impact Live Tonight:](https://twitter.com/IMPACTWRESTLING/status/1423312853855997954?s=19)\n\n\n**`Online`: On the Impact [YouTube channel](https://youtube.com/c/impactwrestling) via YouTube memberships available worldwide, starting at just 99 cents a month! Live airing at 8:30pm EST, commercial free!**\n\n\n**&gt;New episodes of Impact are also uploaded *for free* on Impact Plus, after the first airing! Missed last week's show? Watch it [here.](https://impactwrestling.com/channel/recently-added/video/i-17/)**\n\n\n**`TV`: On AXS TV and Fight Network Every Thursday at 8pm! Replay Showing at 11pm!**\n\n\n- **Behind The Impact, the preshow before Impact, airs at 7pm EST on AXS TV and 7:15pm on [YouTube](https://youtu.be/BTcq61zODEo)**\n\n\n---\n\n\n**Next Impact Plus Special:** \n\n*Emergence from Nashville on Friday, August 20th.*\n\n\n**Next Impact PPV:**\xa0\n\n*Bound for Glory from Las Vegas on Saturday, October 23rd.*\n\n\n**Last Impact Plus Special:**\n\n*Homecoming, now up for replay on [Impact Plus](https://impactwrestling.com/channel/homecoming-2021/video/homecoming2021-1mp4/) and [YouTube](https://youtu.be/EkFCBv2tK3E) for Ultimate Insiders*\n\n\n\n---\n\n\n**Support the Impact Wrestling community on Reddit by Subscribing and Contributing to /r/IMPACTWRESTLING. Positive and negative discussion welcome! Just be cool and constructive.**\n\n\n\n---\n\n\n\n**Scheduled Match Card for tonight's Impact from the Skyway Studios in Nashville, TN**\n\n\n- **BTI: Crazzy Steve, flanked by his brethren in Decay, will take on the charismatic Fallah Bahh, with No Way by his side!**\n\n\n- **Chris Bey takes on Juice Robinson from Finjuice, with Jay White and David Finlay in their respective corners!**\n\n\n- **Fire N Flava will take on Jordynne Grace and Rachael Ellering, as the teams look to get back in title contention!**\n\n\n- **A four way number one contenders match for the X-Division, as we have Jake Something, Rohit Raju, Trey Miguel and Daviari!**\n\n\n- **In a huge six man main event, The Elite of Kenny Omega and The Good Brothers will face Eddie Edwards, Frankie Kazarian and Sami Callihan!**\n\n\n**[And much more!](https://twitter.com/IMPACTWRESTLING/status/1422708865959796737?s=19)**\n\n\n---\n\n\n**News and Notes:**\n\n\n-*[Impact will feature talent at the NJPW Resurgence event Aug 14th, including The Good Brothers vs Jon Moxley and a mystery partner, as well as Moose vs New Japan Brawler Tomohiro Ishii!](https://twitter.com/IMPACTWRESTLING/status/1422995805342949380?s=19)*\n\n\n-*[The Good Brothers will defend the Impact Tag Team Championships on AEW Dynamite, August 11th, against the Dark Order team of Evil Uno and Stu Grayson](https://twitter.com/ScottDAmore/status/1423112193843867649?s=19)*\n\n\n---\n\n\n**Official Links and Social Media**\n\n\n- **[Impact Wrestling's Official Website](http://www.impactwrestling.com/)**\n\n- **[Impact Wrestling's Official Roster](https://impactwrestling.com/wrestlers/)**\n\n- **[Impact Wrestling's Official Twitter](https://twitter.com/IMPACTWRESTLING)**\n\n- **[Impact Wrestling's YouTube Channel](http://www.youtube.com/user/TNAwrestling)**\n\n- **[Impact Wrestling's Twitch Channel](https://www.twitch.tv/impactwrestling)**\n\n- **[Impact Wrestling's eBay Store](https://www.ebay.com/str/impactwrestling)**\n\n\n\n---\n\n\nTwo Ways to Enjoy Current and Past Impact events:\n\n\nImpact Plus, which features current and past episodes from Impact, along with PPVs, compilations and special LIVE monthly events. Visit **[Impact Plus](https://impactplus.tv/)** for On-Demand Wrestling content from Impact's past, as well as exclusive events, Indies like Smash, Alpha 1, Laraito Pro, and Championship Wrestling from Hollywood, Classic pro wrestling, and original Impact content!\n\n\nImpact Insiders on YouTube. Insiders start at just 99 cents a month, giving you access to the weekly Impact episodes while they air, as well as badges and exclusive chats with Impact talent. The Ultimate tier, at $4.99 a month, gives access to monthly specials, PPV replays after 30 days, the TNA/Impact PPV archive, and exclusive shows.", 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/', 'oyuljk', [['u/TomorrowWeKillToday', 10, '2021-08-06 01:36', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7ve1qa/', 'No more Twitch = I’m done with Impact. Just as I was starting to get into it. What a stupid fucking move', 'oyuljk'], ['u/fellongreydaze', 24, '2021-08-06 01:52', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7vg1ar/', 'Whoaaaaa YouTube is going to be **30 minutes** behind AXS? \n \nI might have to dip out of this live thread.', 'oyuljk'], ['u/NineteenAD9', 11, '2021-08-06 01:53', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7vg5uj/', "It will catch up quickly, since the YouTube episode doesn't have ads/commercials\n\nAt some point, they'll be close to in sync", 'oyuljk'], ['u/MakeYourself85', 37, '2021-08-06 01:56', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7vgivo/', 'No more Twitch is the end of an era for me.\n\nSuscribed to YouTube, though.', 'oyuljk'], ['u/MakeshiftChemistry', 16, '2021-08-06 01:57', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_... 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, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Arcimoto, Inc. (NASDAQ: FUV), Array Technologies, Inc. (NASDAQ: ARRY), and Renewable Energy Group, Inc. (NASDAQ: REGI) on behalf of long-term stockholders. More information about each potential case can be found at the link provided. Arcimoto, Inc. (NASDAQ: FUV) Bragar Eagel & Squire is investigating certain officers and directors of Arcimoto following a class action complaint that was filed against Arcimoto on April 19, 2021. The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the preorders of Arcimoto\x92s Fun Utility Vehicles (\x93FUVs\x94) were fabricated or never completed, with only 19 units delivered out of an alleged preorder of 422; (2) Arcimoto failed to disclose to customers that nearly 100% of its vehicles delivered were under safety recall; (3) Arcimoto\x92s largest customer, R-Key-Moto, was an undisclosed related party owned by insider FOD Capital, LLC; (4) Arcimoto\x92s partnership with HULA was an undisclosed related party transaction; and (5) as a result, defendants\x92 public statements were materially false and/or misleading at all relevant times. For more information on our investigation into Arcimoto go to: https://bespc.com/cases/FUV Array Technologies, Inc. (NASDAQ: ARRY) Bragar Eagel & Squire is investigating certain officers and directors of Array Technologies, Inc. following a class action complaint that was filed against Array on May 14, 2021. According to a complaint filed against the Company, Array\x92s IPO Materials stated that one of the Company\x92s strengths related to its management of costs. Specifically, the Offering Materials noted the Company's \x93[d]emonstrated ability to reduce the cost of our products while increasing profit margins\x94 and that its \x93[r]igorous supply chain management [was] supported by a sophisticated enterprise resource planning (\x93ERP\x94) system.\x94 With regard to strategy, the IPO Materials explained how the Company leveraged its global supply chain and economies of scale to reduce product cost. However, the Company failed to disclose the then-existing rise of costs related to certain supplies such as steel, as well as the Company's freight costs. Story continues On May 11, 2021, Array reported lower revenues year-over-year and lower margins. These dismal financial results included a 44% decrease in revenue for the prior year period, a 63% decrease in gross profit, a 69% decrease in adjusted EBITDA, and 71% decrease in adjusted income. The Company blamed increased steel and shipping costs, and noted, \x93continuing increases in prices of steel and freight costs will impact our margins in the second quarter and potentially subsequent quarters if prices do not normalize.\x94 To learn more about our investigation into Array go to: https://bespc.com/cases/ARRY Renewable Energy Group, Inc. (NASDAQ: REGI) Bragar Eagel & Squire is investigating certain officers and directors of Renewable Energy Group, Inc. following a class action complaint that was filed against Renewable Energy on March 2, 2021. The complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company\x92s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company\x92s customers; (2) that, as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) that, as a result, Renewable Energy\x92s revenue and net income were overstated for certain periods; (4) that there was a material weakness in the Company\x92s internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; and (5) that, as a result of the foregoing, defendants\x92 positive statements about the Company\x92s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. To learn more about our investigation into Renewable Energy go to: https://bespc.com/cases/REGI About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Melissa Fortunato, Esq. Marion Passmore, Esq. (212) 355-4648 [email protected] www.bespc.com", "NEW YORK, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Arcimoto, Inc. (NASDAQ: FUV), Array Technologies, Inc. (NASDAQ: ARRY), and Renewable Energy Group, Inc. (NASDAQ: REGI) on behalf of long-term stockholders. More information about each potential case can be found at the link provided.\nArcimoto, Inc. (NASDAQ: FUV)\nBragar Eagel & Squire is investigating certain officers and directors of Arcimoto following a class action complaint that was filed against Arcimoto on April 19, 2021.\nThe complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the preorders of Arcimoto’s Fun Utility Vehicles (“FUVs”) were fabricated or never completed, with only 19 units delivered out of an alleged preorder of 422; (2) Arcimoto failed to disclose to customers that nearly 100% of its vehicles delivered were under safety recall; (3) Arcimoto’s largest customer, R-Key-Moto, was an undisclosed related party owned by insider FOD Capital, LLC; (4) Arcimoto’s partnership with HULA was an undisclosed related party transaction; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.\nFor more information on our investigation into Arcimoto go to:https://bespc.com/cases/FUV\nArray Technologies, Inc. (NASDAQ: ARRY)\nBragar Eagel & Squire is investigating certain officers and directors of Array Technologies, Inc. following a class action complaint that was filed against Array on May 14, 2021.\nAccording to a complaint filed against the Company, Array’s IPO Materials stated that one of the Company’s strengths related to its management of costs. Specifically, the Offering Materials noted the Company's “[d]emonstrated ability to reduce the cost of our products while increasing profit margins” and that its “[r]igorous supply chain management [was] supported by a sophisticated enterprise resource planning (“ERP”) system.” With regard to strategy, the IPO Materials explained how the Company leveraged its global supply chain and economies of scale to reduce product cost. However, the Company failed to disclose the then-existing rise of costs related to certain supplies such as steel, as well as the Company's freight costs.\nOn May 11, 2021, Array reported lower revenues year-over-year and lower margins. These dismal financial results included a 44% decrease in revenue for the prior year period, a 63% decrease in gross profit, a 69% decrease in adjusted EBITDA, and 71% decrease in adjusted income. The Company blamed increased steel and shipping costs, and noted, “continuing increases in prices of steel and freight costs will impact our margins in the second quarter and potentially subsequent quarters if prices do not normalize.”\nTo learn more about our investigation into Array go to:https://bespc.com/cases/ARRY\nRenewable Energy Group, Inc. (NASDAQ: REGI)\nBragar Eagel & Squire is investigating certain officers and directors of Renewable Energy Group, Inc. following a class action complaint that was filed against Renewable Energy on March 2, 2021.\nThe complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company’s customers; (2) that, as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) that, as a result, Renewable Energy’s revenue and net income were overstated for certain periods; (4) that there was a material weakness in the Company’s internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; and (5) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.\nTo learn more about our investigation into Renewable Energy go to:https://bespc.com/cases/REGI\nAbout Bragar Eagel & Squire, P.C.:Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visitwww.bespc.com. Attorney **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: 2021-08-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $811,195,923,038 - Hash Rate: 120343887.87095772 - Transaction Count: 212229.0 - Unique Addresses: 529222.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The continued spread of cryptocurrencies without consistent regulation is a cause for concern, according to the head of Italy’s stock market regulator. Paulo Savonasaidcryptocurrencies could potentially damage the way the market operates. He added, they could even undermine central banks’ ability to conduct monetary policy. In addition to these concerns, he expressed similar grievances over their capacity to facilitate illegal activity such as money laundering. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” Savona said. Savona is the President of Commissione Nazionale per le Società e la Borsa (Consob), which regulates the Italian securities market. Additionally, Savona related that there were some 4,000-5,000 cryptocurrencies in circulation lacking any real form of regulation. In addition to Consob’s recent experience of closing down websites of illegally gathered savings, “the picture that emerges is worrying,” he said. If action at European level takes too long, Savona said Italy would have to act on its own. Naturally, Savona is not alone in his skepticism of the unfettered spread of cryptocurrencies. Bank of England Governor Andrew Bailey spoke of cryptocurrencies’ “huge enthusiasm” as “dangerous”. He additionallywarnedof “getting carried away” with financial innovation. Meanwhile, Irish Central Bank official Derville Rowland, reiterated Savona’s statements. She also said the rising popularity of cryptocurrencies like Bitcoin is “of great concern.” However, both of these positions are tame in comparison to the more vitriol perspective of a Dutch bureaucrat. Fearing an inevitable crypto crash, the Head of the Netherlands’ Bureau for Economic Policy Analysis (CPB) Pieter Hasekamp said the countrymust bancryptocurrencies immediately. Moreover, he advocated for the ban on the production, trade, and possession of crypto. These draconian measures resemble those made in more autocratic countries likeTurkeyandChina. However, cryptocurrencies are not without their supporters at the highest levels of government. Just recently El Salvadorpasseda bill establishing Bitcoin as legal tender in the country. On the heels of this announcement, the President of Tanzania gave a speech telling her country to “prepare for cryptocurrencies”. She then said Tanzania should lead by example and made overtures to the Central Bank to potentially start work on a central bank digital currency (CBDC). The market seems to agree with this renewed enthusiasm, pushing bitcoin above $40,000 for the first time since the end of May.... - 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 4.00% on Saturday. Following a 4.80% rally on Friday, Bitcoin ended the day at $44,568.0. A bullish start to the day saw Bitcoin rally to a mid-day high $44,553.0 before hitting reverse. Bitcoin broke through the first major resistance level at $44,193 before sliding to a late afternoon intraday low $42,380. Steering clear of the 38.2% FIB of $41,592 and the first major support level at $40,708 Bitcoin bounced back to end the day at $44,500 levels. The rebound saw Bitcoin break back through the first major resistance level at $44,193 to strike an intraday high $44,698.0. The near-term bullish trend remained intact, supported by the latest return to $44,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 1.26% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum and Ripple’s XRP rallied by 9.34% and by 9.59% respectively to lead the way. Binance Coin (+4.14%), Bitcoin Cash SV (+5.26%), Cardano’s ADA (+5.12%), Chainlink (+3.56%), Crypto.com Coin (+3.23%) and Litecoin (+5.38%) also found strong support however. In the current week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Saturday high $1,818bn. At the time of writing, the total market cap stood at $1,797bn. Bitcoin’s dominance rose to a Monday high 47.27% before falling to a Wednesday low 45.78%. At the time of writing, Bitcoin’s dominance stood at 46.46%. This Morning At the time of writing, Bitcoin was down by 0.24% to $44,461.0. A mixed start to the day saw Bitcoin rise to an early morning high $44,580.0 before falling to a low $44,335.2. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin found early support, rallying by 4.12%. Polkadot (+0.16%) and Litecoin (+0.06%) also avoided the red early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Ethereum was down by 0.35% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $43,883 pivot to bring the first major resistance level at $45,384 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $44,553.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $45,500 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $47,500 before any pullback. The second major resistance level sits at $46,200. A fall through the $43,882 pivot would bring the first major support level at $43,066 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592 and the second major support level at $41,564. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Market Continues Towards All-Time Highs Natural Gas Price Prediction – Prices Consolidate Despite Warm Weather Forecast Gold Price Futures (GC) Technical Analysis – Sellers in Control; Next Target $1754.50, Followed by $1716.00 S&P 500 Weekly Price Forecast – Stock Markets Continue to Grind Higher E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Fear of Fed Tightening Weighing on Sentiment Gold Price Prediction – Prices Tumble as the Dollar Rallies Following Payrolls', 'Bitcoin, BTC to USD, rose by 4.00% on Saturday. Following a 4.80% rally on Friday, Bitcoin ended the day at $44,568.0.\nA bullish start to the day saw Bitcoin rally to a mid-day high $44,553.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $44,193 before sliding to a late afternoon intraday low $42,380.\nSteering clear of the 38.2% FIB of $41,592 and the first major support level at $40,708 Bitcoin bounced back to end the day at $44,500 levels.\nThe rebound saw Bitcoin break back through the first major resistance level at $44,193 to strike an intraday high $44,698.0.\nThe near-term bullish trend remained intact, supported by the latest return to $44,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot fell by 1.26% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nEthereumandRipple’s XRPrallied by 9.34% and by 9.59% respectively to lead the way.\nBinance Coin(+4.14%),Bitcoin Cash SV(+5.26%),Cardano’s ADA(+5.12%),Chainlink(+3.56%),Crypto.com Coin(+3.23%) andLitecoin(+5.38%) also found strong support however.\nIn the current week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Saturday high $1,818bn. At the time of writing, the total market cap stood at $1,797bn.\nBitcoin’s dominance rose to a Monday high 47.27% before falling to a Wednesday low 45.78%. At the time of writing, Bitcoin’s dominance stood at 46.46%.\nAt the time of writing, Bitcoin was down by 0.24% to $44,461.0. A mixed start to the day saw Bitcoin rise to an early morning high $44,580.0 before falling to a low $44,335.2.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin found early support, rallying by 4.12%. Polkadot (+0.16%) and Litecoin (+0.06%) also avoided the red early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Ethereum was down by 0.35% to lead the way down.\nBitcoin would need to avoid the $43,883 pivot to bring the first major resistance level at $45,384 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $44,553.0.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $45,500 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $47,500 before any pullback. The second major resistance level sits at $46,200.\nA fall through the $43,882 pivot would bring the first major support level at $43,066 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592 and the second major support level at $41,564.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Market Continues Towards All-Time Highs\n• Natural Gas Price Prediction – Prices Consolidate Despite Warm Weather Forecast\n• Gold Price Futures (GC) Technical Analysis – Sellers in Control; Next Target $1754.50, Followed by $1716.00\n• S&P 500 Weekly Price Forecast – Stock Markets Continue to Grind Higher\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Fear of Fed Tightening Weighing on Sentiment\n• Gold Price Prediction – Prices Tumble as the Dollar Rallies Following Payrolls', 'By Noreen Burke Investing.com -- Against a background of a resurgence of the coronavirus pandemic the main U.S. economic data in the coming week will be the reports on consumer and producer price inflation. Investors are watching closely for clues on how soon the Federal Reserve may start scaling back stimulus. There are also several Fed officials slated to speak during the coming week and their comments could help clarify the Fed’s position on tapering. Earnings will continue but will be fewer in number as earnings season winds down. Meanwhile, Bitcoin is hovering near two-month highs and the UK is to release data on second quarter growth. Here’s what you need to know to start your week. Inflation numbers The U.S. consumer price index and the producer price index released Wednesday and Thursday, respectively will provide an insight into the current pace of inflation, one of the key factors along with the labor market, that the Fed looks at when making its monetary policy decisions. CPI is expected to moderate slightly after last month’s jump of 0.9%, the strongest gain since June 2008. The Fed has said the current surge in inflation is just temporary, but market sentiment has been hit by fears of higher inflation resulting in a sudden tapering. Friday’s stronger-than-expected nonfarm payrolls report was the last before the Fed gathers for its annual meeting in Jackson Hole, Wyoming, at the end of the month to discuss policy and decide future stimulus strategy. The upbeat jobs numbers coupled with uncomfortably hot inflation data could prompt Fed officials to announce plans to begin tapering bond purchases as soon as September, the first step down the road to eventual interest rate hikes. Fedspeak Several Fed officials are due to make appearances in the coming week including Atlanta Fed President Raphael Bostic and Richmond Fed head Thomas Barkin on Monday, Chicago Fed President Charles Evans on Tuesday and Kansas City Fed President Esther George on Wednesday. Story continues Bostic and Barkin are known to lean towards tapering so their comments will be closely watched. The bar the Fed set for scaling back its bond-buying program - "substantial further progress" toward the Fed\'s 2% inflation and full employment goals - has never been precisely defined. In June officials began debating how soon the central bank can begin to ease back on its emergency supports for the economy even amid the emergence of the Delta variant of the coronavirus that threatens to dent growth. Earnings wind down Earnings will continue in the coming week, but the number of companies reporting will tail off as earnings season continues to wind down. Some of the names reporting include AMC Entertainment (NYSE:AMC), Softbank (T:9984), Coinbase Global Inc (NASDAQ:COIN), Sysco (NYSE:SYY), Chesapeake Energy (NYSE:CHK), eBay (NASDAQ:EBAY), Wendy’s (NASDAQ:WEN), Lordstown Motors (NASDAQ:RIDE), Walt Disney (NYSE:DIS) and Airbnb (NASDAQ:ABNB). It has been a stellar earni **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: 2021-08-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $849,971,479,815 - Hash Rate: 113858289.12342106 - Transaction Count: 191623.0 - Unique Addresses: 482998.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - July 1, 2021) - Investorideas.com , a leading investor news resource covering cryptocurrency and tech stocks releases a special report on the rapid adoption of blockchain technology into retail, supply chain, financial services and mining as both consumers and businesses gain comfort and familiarity with blockchain technology and its implementation. Read the fill blockchain/cryptocurrency stocks article on Investor Ideas: https://www.investorideas.com/News/2021/cryptocurrency/07010Blockchain-Technology.asp . According to several recent reports looking at future growth in the sector; " Blockchain Technology in Energy Market 2021 ", " Blockchain Technology in Financial Market May Set New Growth ," and " Blockchain Supply Chain Market To Witness Astonishing Growth - 2026 ," blockchain growth is outpacing many other technologies. This is creating a substantial growth opportunity for companies implementing blockchain technology into their services portfolios. Seeing the future potential, Epazz Inc. (OTC Pink: EPAZ), a provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced that the company is releasing the StreamPay Blockchain Smart Contract app by the Company's fourth quarter. StreamPay app is a solution for managers to monitor their supply chain for risk of fraud using blockchain smart contract technology to trace raw materials to finished goods. Please visit: https://www.streampay.io . From the news : StreamPay is an enterprise supply chain risk monitoring and payment tracking solution that uses blockchain smart contracts to manage suppliers and finished goods. StreamPay technology keeps distributed ledgers to create articles to insert into smart contracts. Thus, supply chain manufacturers, suppliers, vendors, logistics companies, and customers can track goods and services from the raw materials to the finished product using QR codes and digital signatures. Story continues From the news : StreamPay gives companies the ability to monitor their supply chain to determine whether it faces any risks. StreamPay features a risk index that alerts users on their dashboards to any supply chain problems that could arise. In addition, StreamPay manages quality assurance to ensure the finished goods meet the requirements the customers set. It also allows inspectors to issue certifications to suppliers and partners. Finally, StreamPay enables parties of a transaction to make policy decisions, and its smart contracts issue payments to suppliers when goods or services have been delivered, based on the terms of the smart contracts. The parties can pay in USD, Euros, or Cryptocurrencies, and the StreamPay wallet maintains the current local exchange rate. This provides users a worry-free payment experience that allows them to pay for small items without needing to buy and sell cryptocurrencies. Shaun Passley, Ph.D., CEO, and Chairman of Epazz Inc. said, "We are excited about the launching of the StreamPay app by the end of the year. We believe this app will begin the process of building a company." Already established in the space as a green crypto miner, HIVE Blockchain Technologies Ltd . Recently announced it's going deeper and is investing into Alpha Sigma Capital (ASC)'s flagship fund, which launched in January of 2020. ASC is a pioneering digital asset fund focused on the blockchain economy and the shift to a decentralized Web3 infrastructure. The fund invests in companies and decentralized projects that are leveraging blockchain technology to provide demonstrable change and efficiency in financial services, artificial intelligence, supply chain, and biotechnologies. Alpha Sigma Capital utilizes a rigorous fundamental research approach in determining value and managing risk. Under ASC's Special Situations team, opportunities are examined from value-investing to distressed assets combined with deal structuring that includes mergers and acquisitions, restructuring, consolidation, and public offerings of both utility tokens and equities. HIVE owns state-of-the-art green energy-powered data centre facilities, which produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. HIVE deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins. HIVE has also joined forces with Elon Musk and Michael Saylor, CEO of Microstrategy to form the Bitcoin Mining Council which is focused on renewable energy in the cryptocurrency space. HIVE is currently trading on the OTCQX and begins trading on the Nasdaq on July 1st. As blockchain adoption grows, cryptocurrencies, and Bitcoin specifically, are also seeing a rise in interest. Riot Blockchain, Inc., one of the leading Nasdaq listed Bitcoin mining companies in the United States, recently announced its May production and operational updates, including its unaudited Bitcoin ("BTC") production for May 2021 and its latest miner delivery status. From the news: In May 2021, Riot produced 227 BTC, an increase of approximately 220% over its May 2020 production of 71 BTC. For the year to date through May 2021, the Company produced a total of 924 BTC, an increase of approximately 101% over its pre-halving BTC production during the same 2020 period of 460 BTC. As of May 31, 2021, Riot held approximately 2,000 BTC, all of which were produced by its mining operations. The Company plans to continue to provide monthly operational updates and unaudited production results through the end of 2021. These updates are intended to keep shareholders informed of Riot's mining production as it continues to deploy its expanding miner fleet. On May 26, 2021, Riot announced it completed its previously announced acquisition of Whinstone U.S. ("Whinstone"). Whinstone's Bitcoin mining facility in Rockdale, TX is the largest Bitcoin mining facility in North America, as measured by its 300 MW in developed capacity. The Company announced its plans to immediately commence further development of additional capacity at Whinstone in order to rapidly bring the property to its current capacity of 750 MW. This expansion will be driven by Whinstone's industry leading development team of over 100 employees. Whinstone's comprehensive energy management strategy delivers best-in-class net energy costs of approximately 2.5 cents per kWh utilizing cutting-edge technology and comprehensive analytics to deliver industry-leading low cost, reliable and responsive power. By Q4 2022, Riot anticipates a total hash rate capacity of 7.7 EH/s, assuming full deployment of its anticipated fleet of approximately 81,146 Antminers acquired from Bitmain, 95% of which will be the latest generation S19 series model of miners. When fully deployed, the Company's total fleet is expected to consume approximately 257.6 MW of energy, with approximately 208 MW deployed at Riot's Whinstone facility and approximately 51 MW deployed at Coinmint LLC's facility. This results in an overall hash rate efficiency of 33 joules per terahash (J/TH). This demonstrates Riot's commitment to being a market leader by building one of the largest and most efficient Bitcoin mining fleets in the industry. BIGG Digital Assets Inc., owner of Blockchain Intelligence Group (blockchaingroup.io), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, recently reported the hire of Michael Fasanello, an AML and Global Sanctions subject matter expert (SME) from PNC Bank. Fasanello's expertise will enhance BIG's services and products for VASPs, financial institutions, and law enforcement agencies of all sizes. Mr. Fasanello holds a law degree in civil and criminal litigation. "Global financial institutions are in a high-stakes game as they eye mass adoption of cryptocurrency. BIG gives confidence to businesses adopting cryptocurrency," said Lance Morginn, President, BIG. "Michael Fasanello brings to BIG an unparalleled combination of public and private AML and global regulatory expertise to help guide BIG's growth and create additional value for our clients around the world. Michael's role demonstrates our commitment to growing BIG and further enhancing our product and service offering." From the news: At BIG, Fasanello will advise executive management on issues surrounding cryptocurrencies as the global markets and regulations evolve, lead insight on regulatory issues relating to cryptocurrencies, support new development of BIG's Certified Cryptocurrency Investigator course (CCI), as well as lead training for public and private entities around the world. Fasanello joins BIG from stints at the US Department of Treasury, PNC Bank, and First National Bank. At PNC, Fasanello was the Assistant Vice President of Anti-Money Laundering and Global Sanctions. Fasanello is an experienced compliance professional with over a decade of experience in the public and private sectors. He specializes in Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), global sanctions, and illicit finance, focusing on digital assets and blockchain intelligence space. Fasanello served in various roles in the US Justice and Treasury Departments. During his work with FinCen, he advised the Office of Regulatory Policy in developing and interpreting federal regulations under the Bank Secrecy Act (BSA). Before that, Michael handled Global Economic Sanctions and embargo cases for the Treasury's Office of Foreign Assets Control (OFAC). According to a recent article , "Decentralized finance (DeFi) has (even) caught the attention of the world's largest e-commerce marketplace, Amazon.com. With a market capitalization of more than $1.7 trillion, the multinational technology company is hiring an expert who is passionate about blockchain and decentralized finance." From the article: New CEO Andy Jassy is set to take the helm next month, the job posting about a "... - 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 1.74% on Sunday. Partially reversing a 4.00% rally from Saturday, Bitcoin ended the week up by 9.85% to $43,793.0. A bullish start to the day saw Bitcoin rally to a mid-morning intraday high $45,250.0 before hitting reverse. Falling short of the first major resistance level at $45,384, however, Bitcoin slid to a late intraday low $43,300.0. Steering clear of the first major support level at $43,066, Bitcoin briefly moved back through to $44,000 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $45,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 rose by 0.51% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV and Chainlink slid by 7.07% and by 6.71% respectively to lead the way down. Binance Coin (-4.05%), Cardano’s ADA (-3.24%), Ethereum (-4.71%), Litecoin (-3.96%), Polkadot (-4.70%), and Ripple’s XRP (-4.62%) also struggled. While it was a bearish end to the week, it was a mixed week for the crypto majors. Polkadot bucked the trend in the week, falling by 2.89%. It was a bullish week for the rest of the pack, however. Ethereum rallied by 17.95% to lead the way. Cardano’s ADA (+8.50%), Crypto.com Coin (+6.64%), Litecoin (+6.84%), and Ripple’s XRP (+7.47%) also found strong support. Binance Coin (+2.85%), Bitcoin Cash SV (+1.96%), and Chainlink (+4.24%) trailed the front runners, however. In the week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Sunday high $1,837bn. At the time of writing, the total market cap stood at $1,736bn. Bitcoin’s dominance fell to a Wednesday low 45.78% before rising to a Sunday high $47.39%. At the time of writing, Bitcoin’s dominance stood at 47.16%. This Morning At the time of writing, Bitcoin was down by 0.59% to $43,534.6. A mixed start to the day saw Bitcoin rise to an early morning high $43,930.0 before falling to a low $43,532.0. Story continues 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, Ethereum was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $44,114 pivot to bring the first major resistance level at $44,929 into play. Support from the broader market would be needed for Bitcoin to break back through to $44,500 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $45,250.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $47,000 before any pullback. The second major resistance level sits at $46,064. Failure to move through the $44,114 pivot would bring the first major support level at $42,979 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $42,164. This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and Ethereum – Weekly Technical Analysis – August 9th, 2021 The Crypto Daily – Movers and Shakers – August 8th, 2021 European Equities: Economic Data from China and Germany in Focus Gold Drops Sharply on Monday Following Impressive US Jobs Data U.S Mortgage Rates Fall Once More as Concerns over COVID-19 Peg Back Yields Bitcoin Buyers Face Stiff Resistance At 200-day SMA', 'Bitcoin , BTC to USD, fell by 1.74% on Sunday. Partially reversing a 4.00% rally from Saturday, Bitcoin ended the week up by 9.85% to $43,793.0. A bullish start to the day saw Bitcoin rally to a mid-morning intraday high $45,250.0 before hitting reverse. Falling short of the first major resistance level at $45,384, however, Bitcoin slid to a late intraday low $43,300.0. Steering clear of the first major support level at $43,066, Bitcoin briefly moved back through to $44,000 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $45,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 rose by 0.51% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV and Chainlink slid by 7.07% and by 6.71% respectively to lead the way down. Binance Coin (-4.05%), Cardano’s ADA (-3.24%), Ethereum (-4.71%), Litecoin (-3.96%), Polkadot (-4.70%), and Ripple’s XRP (-4.62%) also struggled. While it was a bearish end to the week, it was a mixed week for the crypto majors. Polkadot bucked the trend in the week, falling by 2.89%. It was a bullish week for the rest of the pack, however. Ethereum rallied by 17.95% to lead the way. Cardano’s ADA (+8.50%), Crypto.com Coin (+6.64%), Litecoin (+6.84%), and Ripple’s XRP (+7.47%) also found strong support. Binance Coin (+2.85%), Bitcoin Cash SV (+1.96%), and Chainlink (+4.24%) trailed the front runners, however. In the week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Sunday high $1,837bn. At the time of writing, the total market cap stood at $1,736bn. Bitcoin’s dominance fell to a Wednesday low 45.78% before rising to a Sunday high $47.39%. At the time of writing, Bitcoin’s dominance stood at 47.16%. This Morning At the time of writing, Bitcoin was down by 0.59% to $43,534.6. A mixed start to the day saw Bitcoin rise to an early morning high $43,930.0 before falling to a low $43,532.0. Story continues 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, Ethereum was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $44,114 pivot to bring the first major resistance level at $44,929 into play. Support from the broader market would be needed for Bitcoin to break back through to $44,500 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $45,250.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $47,000 before any pullback. The second major resistance level sits at $46,064. Failure to move through the $44,114 pivot would bring the first major support level at $42,979 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $42,164. This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and Ethereum – Weekly Technical Analysis – August 9th, 2021 The Crypto Daily – Movers and Shakers – August 8th, 2021 European Equities: Economic Data from China and Germany in Focus Gold Drops Sharply on Monday Following Impressive US Jobs Data U.S Mortgage Rates Fall Once More as Concerns over COVID-19 Peg Back Yields Bitcoin Buyers Face Stiff Resistance At 200-day SMA', 'By Matt Scuffham\nNEW YORK (Reuters) - Global share prices treaded water on Monday as sharp falls in gold and oil prices and concerns over the spread of the Delta coronavirus variant dented sentiment.\nU.S. stock indexes were mixed at the close.\nThe Dow Jones Industrial Average fell 106.66 points, or 0.3%, to 35,101.85, the S&P 500 lost 4.17 points, or 0.09%, to 4,432.35 and the Nasdaq Composite added 24.42 points, or 0.16%, to 14,860.18.\n"With the Delta variant spreading, money managers who were over-invested in the re-opening trade continue to unwind that trade because it\'s not working right now," said Dennis Dick, a trader at Bright Trading LLC.\nIn Europe, gains in healthcare, utilities and technology stocks outweighed declines triggered by a fall in commodity prices earlier on Monday.\nThe pan-European STOXX 600 index rose 0.2% to a closing high of 470.68.\nMSCI\'s gauge of stocks across the globe shed 0.03%.\nOil prices fell as much as 4%, extending last week\'s steep losses on a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia, especially China, could slow a global recovery in fuel demand.\nU.S. crude oil futures settled at $66.48 per barrel, down $1.80 or 2.6%. Brent crude ended at $69.04, down $1.66 or 2.4%.\n"The sell-off in commodities is driving growth concerns as some investors are turning cautious," said Ed Moya, senior market analyst at OANDA.\nGold slumped to a more than four-month low as strong U.S. jobs data bolstered expectations for an early tapering of the Federal Reserve\'s economic support measures.\nSpot gold dropped 1.9% to $1,729.09 an ounce. U.S. gold futures settled 2.1% down at $1,726.50.\nBitcoin hit a three-month high and broke through the $46,000 barrier as gold fell.\n"Money managers are seeing that as an alternative to gold," said Dick.\nBitcoin last rose 5.46% to $46,253.56.\nThe strong jobs data also caused U.S. Treasury yields to rise.\nBenchmark 10-year notes last fell 11/32 in price to yield 1.3254%, from 1.288% late on Friday.\nHolidays in Tokyo and Singapore made for thin trading conditions, adding to the volatility. After an initial fall, MSCI\'s broadest index of Asia-Pacific shares outside Japan recovered to be up 0.1%.\nChinese trade data over the weekend undershot forecasts, while figures out on Monday showed inflation slowed to 1% in July, offering no barrier to more policy stimulus.\nThe U.S. Senate came closer to passing a $1 trillion infrastructure package, though it still has to go through the House.\nInvestors were still assessing whether Friday\'s strong U.S. payrolls report would take the Federal Reserve a step nearer to winding back its stimulus.\n"What we\'re seeing is a little bit of early profit-taking on the back of fear that tapering will come in earlier in September," said Sebastien Galy, senior macro strategist at Nordea Asset Management. "But as you can see, **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: 2021-08-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $805,195,692,925 - Hash Rate: 109534556.62506332 - Transaction Count: 252660.0 - Unique Addresses: 611235.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Powell's congressional testimony at 2 p.m. ET * Crypto stocks extend declines * Sanderson Farms climbs on sale plans * Indexes up: Dow 0.14%, S&P 0.36%, Nasdaq 0.43% (Adds comment, details; updates prices) By Devik Jain and Medha Singh June 22 (Reuters) - The Nasdaq was on pace for a record closing high on Tuesday, as investors anticipated Federal Reserve Chair Jerome Powell's remarks for clues on how the central bank is balancing inflation risk with its promise to ensure a full jobs market recovery. Amazon.com Inc, up 1.3%, was among the top boosts to S&P 500 and the Nasdaq, as it entered the second day of its multibillion-dollar online sales event, Prime Day. The retail giant saw over $5.6 billion in total online sales in the United States on the first day, according to Adobe Digital Economy Index. In his prepared remarks released late Monday afternoon, Powell reiterated that recent high inflation was expected to prove temporary. The Fed chief is due to speak before Congress at 2 p.m. ET (1800 GMT). "Powell has already put a stamp on where he thinks things should be. I don't think he's going to deviate much," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. Nine of the 11 major S&P sectors rose, with consumer discretionary and materials rising the most. Gains in tech heavyweights including Apple Inc, Amazon.com, Nvidia and Microsoft were among the biggest support for the S&P 500, bringing the benchmark index less than 0.5% of its record high. Still, energy, financials and other economically sensitive stocks that stand to benefit the most from a U.S. re-opening, have far outpaced the benchmark S&P 500 and the blue-chip Dow indexes year-to-date. "We're still on the value side of the camp. If inflation persists, we expect the value part of the market to outperform," Nolte said. At 11:35 a.m. ET, the Dow Jones Industrial Average was up 48.63 points, or 0.14%, at 33,925.60, the S&P 500 was up 15.28 points, or 0.36%, at 4,240.07, and the Nasdaq Composite was up 61.45 points, or 0.43%, at 14,202.93. Crypto stocks including miners Riot Blockchain, Marathon Patent Group, Ebang International and MicroStrategy Inc fell between 2% and 5% as Bitcoin slipped below $30,000 for the first time since January, briefly wiping out gains for the year. Sanderson Farms jumped 10.4% to a record high as J.P. Morgan raised its price target on the stock after a source told Reuters that the chicken producer was exploring a sale. Moderna Inc rose 4.4% after the European Union decided to take up an option under a supply contract with the drugmaker that allows the bloc to order 150 million additional COVID-19 vaccines. Splunk Inc gained 12.2% after the data analytics software maker said private equity firm Silver Lake invested $1 billion in company's convertible senior notes. Declining issues outnumbered advancers for a 1.17-to-1 ratio on the NYSE and for a 1.57-to-1 ratio on the Nasdaq. The S&P index recorded 22 new 52-week highs and one new low, while the Nasdaq recorded 46 new highs and 42 new lows. (Reporting by Devik Jain and Medha Singh in Bengaluru, additional reporting by Sujata Rao-Coverley; Editing by Maju Samuel)... - 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:** ['Teen crypto trader shot dead in his Porsche (Instagram/_pessano) A teenage cryptocurrency trader was gunned down while behind the wheel of his sports car. Wesley Pessano Santarem died in the shooting as he drove his red Porsche Boxster through the streets of Brazilian city Sao Pedro da Aldeia. The killing of Mr Pessano, who was known for promoting his financial success and lifestyle on social media, took place in front of witnesses in broad daylight. Mr Passano, 19, had reportedly made his fortune in Bitcoin in the past three years. His last post on Instagram, where he had 134,000 followers, was of him posing in front of his car with a handful of cash. And he also ran a YouTube channel with 15,600 subscribers where he gave subscribers investment tips. He had reportedly been on his way to the hairdressers when he was ambushed and attacked. View this post on Instagram A post shared by Wesley Pessano | TRADER (@_pessano) Witnesses told authorities that the killers had been driving a silver Volkswagen when the violence unfolded. Police say that Mr Passano was hit by at least four bullets, including one to the head. A passenger in the car was also injured in the shooting and taken to hospital for treatment. Mr Passano hailed from the southern Brazilian state of Rio Grande do Sul, but had moved to Cabo Frio in the south east of the country last year, The police have not revealed the identity of any suspects or the motivation for the killing. The investigation is ongoing.', 'Teen crypto trader shot dead in his Porsche (Instagram/_pessano) A teenage cryptocurrency trader was gunned down while behind the wheel of his sports car. Wesley Pessano Santarem died in the shooting as he drove his red Porsche Boxster through the streets of Brazilian city Sao Pedro da Aldeia. The killing of Mr Pessano, who was known for promoting his financial success and lifestyle on social media, took place in front of witnesses in broad daylight. Mr Passano, 19, had reportedly made his fortune in Bitcoin in the past three years. His last post on Instagram, where he had 134,000 followers, was of him posing in front of his car with a handful of cash. And he also ran a YouTube channel with 15,600 subscribers where he gave subscribers investment tips. He had reportedly been on his way to the hairdressers when he was ambushed and attacked. View this post on Instagram A post shared by Wesley Pessano | TRADER (@_pessano) Witnesses told authorities that the killers had been driving a silver Volkswagen when the violence unfolded. Police say that Mr Passano was hit by at least four bullets, including one to the head. A passenger in the car was also injured in the shooting and taken to hospital for treatment. Mr Passano hailed from the southern Brazilian state of Rio Grande do Sul, but had moved to Cabo Frio in the south east of the country last year, The police have not revealed the identity of any suspects or the motivation for the killing. The investigation is ongoing.', 'The Australian and New Zealand Dollars are under pressure early Tuesday as the U.S. Dollar remained supported following Friday’s robust job figures that solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus. Slightly lower Treasury yields are likely limiting losses.\nAt 03:46 GMT, theAUD/USDis trading .7324, down 0.0005 or -0.07% and theNZD/USDis at .6977, down 0.0014 or -0.20%.\nSince Friday’s labor market report the prospect of the Fed’s reduced bond-buying has pushed down U.S. bond prices, lifting their yields and strengthening demand for the U.S. Dollar.\nOn Monday, the Aussie and Kiwi were pressured as U.S. Treasury yields spiked to three-week highs as surprising strong job openings on top of better-than-expected employment gains in July added to the narrative of an improving labor market.\nU.S. job openings, a measure of labor demand, shot up by 590,000 to a record-high 10.1 million on the last day of June, the U.S. Labor Department reported in its monthly Job Openings and Labor Turnover Survey (JOLTS).\nThat followed Friday’sNon-Farm Payrolls reportshowing jobs increased by 943,000 in July, above the 870,000 forecast by economists in a Reuters poll.\nAtlanta Federal Reserve Bank President Raphael Bostic, the first Fed speaker after the jobs data was released, said on Monday he is eyeing the fourth quarter for the start of a bond-purchase taper but is open to an even earlier move if the job market keeps up its recent torrid pace of improvement, Reuters reported.\nBoston Federal Reserve Bank President Eric Rosengren was equally forthright, saying that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall, according to Reuters.\nBesides the stronger U.S. Dollar, weak domestic data is weighing on the Australian Dollar.\nA measure of Australian business conditions worsened sharply for a second month in July as coronavirus lockdowns took a heavy toll on service industries and confidence in general.\nTuesday’s survey from National Australia Bank showed its index of business conditions sank 14 points to +11 in June, though that was still above the long term average thanks to record high results ahead of lockdowns.\nThe survey’smeasure of confidencedived 19 points to -8, led by New South Wales State where much of greater Sydney was shut for the entire month.\n“The survey shows that the strength in the business sector seen in early-to-mid 2021 has faded on the back of fresh disruptions in the economy but it has faded on the back of fresh disruptions in the economy but it has not yet deteriorated to the lows seen in early 2020,” said NAB chief economist Alan Oster.\nIn other news, the New Zealand Dollar was also weaker, however, traders still expect the Reserve Bank (RBNZ) to raise itsOfficial Cash Rate (OCR)on August 18.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• eBay Shares Fall Ahead of Q2 Earnings\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 10th, 2021\n• Today’s Market Wrap Up and a Glimpse Into Tuesday\n• USD/JPY Forex Technical Analysis – Trader Reaction to 110.191 to 110.537 Retracement Zone Sets Near-Term Tone\n• AMC Will Start Accepting Bitcoin For U.S. Tickets, Concessions This Year\n• European Equities: Economic Sentiment Figures and COVID-19 Updates in Focus', 'The Australian and New Zealand Dollars are under pressure early Tuesday as the U.S. Dollar remained supported following Friday\x92s robust job figures that solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus. Slightly lower Treasury yields are likely limiting losses. At 03:46 GMT, the AUD/USD is trading .7324, down 0.0005 or -0.07% and the NZD/USD is at .6977, down 0.0014 or -0.20%. Rising Treasury Yields, Stronger US Dollar Since Friday\x92s labor market report the prospect of the Fed\x92s reduced bond-buying has pushed down U.S. bond prices, lifting their yields and strengthening demand for the U.S. Dollar. On Monday, the Aussie and Kiwi were pressured as U.S. Treasury yields spiked to three-week highs as surprising strong job openings on top of better-than-expected employment gains in July added to the narrative of an improving labor market. U.S. job openings, a measure of labor demand, shot up by 590,000 to a record-high 10.1 million on the last day of June, the U.S. Labor Department reported in its monthly Job Openings and Labor Turnover Survey (JOLTS). That followed Friday\x92s Non-Farm Payrolls report showing jobs increased by 943,000 in July, above the 870,000 forecast by economists in a Reuters poll. Fed Speakers Discuss Timing of Tapering Atlanta Federal Reserve Bank President Raphael Bostic, the first Fed speaker after the jobs data was released, said on Monday he is eyeing the fourth quarter for the start of a bond-purchase taper but is open to an even earlier move if the job market keeps up its recent torrid pace of improvement, Reuters reported. Boston Federal Reserve Bank President Eric Rosengren was equally forthright, saying that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall, according to Reuters. Daily Forecast Besides the stronger U.S. Dollar, weak domestic data is weighing on the Australian Dollar. Story continues A measure of Australian business conditions worsened sharply for a second month in July as coronavirus lockdowns took a heavy toll on service industries and confidence in general. Tuesday\x92s survey from National Australia Bank showed its index of business conditions sank 14 points to +11 in June, though that was still above the long term average thanks to record high results ahead of lockdowns. The survey\x92s measure of confidence dived 19 points to -8, led by New South Wales State where much of greater Sydney was shut for the entire month. \x93The survey shows that the strength in the business sector seen in early-to-mid 2021 has faded on the back of fresh disruptions in the economy but it has faded on the back of fresh disruptions in the economy but it has not yet deteriorated to the lows seen in early 2020,\x94 said NAB chief economist Alan Oster. In other news, the New Zealand Dollar was also weaker, however, traders still expect the Reserve Bank (RBNZ) to raise its Official Cash Rate (OCR) on August 18. For a look at all of today\x92s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: eBay Shares Fall Ahead of Q2 Earnings Ethereum, Litecoin, and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 August 10th, 2021 Today\x92s Market Wrap Up and a Glimpse Into Tuesday USD/JPY Forex Technical Analysis \x96 Trader Reaction to 110.191 to 110.537 Retracement Zone Sets Near-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: 2021-08-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $855,146,167,375 - Hash Rate: 118902643.70483848 - Transaction Count: 260968.0 - Unique Addresses: 626461.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Tom Wilson LONDON (Reuters) - More than nine in ten independent financial advisers (IFAs) in Britain would never recommend cryptocurrencies or so-called meme stocks to their clients, an Opinium poll showed on Wednesday. Meme stocks - companies whose value is fuelled by social media attention - and digital coins have soared in popularity as stay-at-home rules and high savings rates during the pandemic triggered a surge in stock investing by non-professionals. Yet 93% of IFAs would never recommend investing in cryptocurrencies, while 95% would never do so for meme stocks, the poll based on a sample of 200 IFAs in the UK showed. Some 91% of IFAs would be concerned if a client said they were investing in either type of asset, it found, suggesting deep-set worries amid high volatility and close attention from regulators. Still, a third of IFAs have increased interest in cryptocurrencies from clients this year, with 14% reporting higher interest in meme stocks, the poll showed. Bitcoin, the biggest cryptocurrency, has slumped about 40% since hitting an all-time high of nearly $65,000 in April, but is still up 40% in 2021. Smaller cryptocurrencies such as ether have been similarly volatile, sparking warnings from central banks and regulators that investors could lose their money. Professional and retail investors alike have embraced cryptocurrencies this year, seeing the sector as a hedge against inflation, a future payment method and a vehicle for earning quick gains. Retail traders have put as much money into meme stocks over the past two weeks as they did at the peak of the frenzied GameStop rally in January, analysts at Vanda Research said last week. Among the highest profile are U.S. video-retailer Gamestop Corp and AMC Entertainment Holdings. At the height of the trading mania, several retail brokers restricted the buying of GameStop shares after collateral requirements needed to clear the trades spiked, angering traders and spurring congressional hearings and regulatory probes. (Reporting by Tom Wilson; Editing by Mark Potter)... - Reddit Posts (Sample): [['u/GentleGhostman', "🚨🚨🚨MAJOR POINTS OF EARNING'S MEATING🚨🚨🚨", 440, '2021-08-10 00:15', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/', "I listened into the call and wrote down as many MAJOR POINTS as I could, here is what I got.\n\nEnjoy the long ass read.\n\n- AMC has raised a total of 4Bil unused liquidity as of last qtr\n\n- Ticket sales up to 45% of what it was before COVID and since 1st QTR\n\n- Capacity has risen to 69% since 1st QTR\n\n(Same statistics for EUROPE as well, but different number 57% and 6(or 5)9%)\n\n- AMC is STILL burning cash, which AA, says isn't bad actually as they're using it to generate and get more movie-goers.\n\n- AMC has NO leveraged debt until 2023(or 4) and won't start building interest until 2026.\n\n- AA pretty muc said fuck you to the Hedgies in an emaculate and refurbished manner, by statingn how Theater has survived CDs, VHS, TVs, Cable, etc.\n\n- AMC is still in a recovering phase. \n\n- Ticket revenue was up 15%, food was up as well. This is due to movie-goers ACTIVELY choosing to buy consecions\n\n- 1.81 Bil is available equity and liquidity\n\n- 85mil burn per month compared to the 115mil per month to get new movies i.e. more money to do things.\n\n- AMC will carefully invest their cash in LONG-TERM investments, stuff like the McGregor fight and football streaming\n\n- AMC will pay only Cash interest to lower debt\n\n- AMC repaid rent on land totaling 58mil\n\n- AMC will work on lowing rent costs\n\n- 2021 net revenue is projected to be, by end of year, 100-110 Mil\n\n- AMC will be purchased two of the highest grossing theaters in LA that will be opening later this month\n\n- AMC has 6 new theaters 3 in LA, 1 Chicago, and 1 in Atlanta, and is in the process of getting 10 more\n\n- AMC theaters are in the top percentile of highest grossing\n\n- AMC is working on a deal with ESPORTS\n\n- AMC is working on showing more sports, football and stuff\n\n- AMC looking into stream gaming\n\n- !!!!!🚨🚨🚨AMC IS GOING TO BE ACCEPTING BITCOIN BY END OF YEAR AND IS GONNA BE SUPPORTING CRYPTOCURRENCY🚨🚨🚨!!!!!\n\n- AMC implementing new payment methods\n\n- 300k shareholders are registered on AMC Connect!!!\n\n- AMC to setup special ADVANCED SCREENING FOR SHAREHOLDERS\n\n- AMC has seen no resistance to increase of ticket prices\n\n- AMC has rights to ALL WARNER BROTHERS FILMS FOR THE YEAR!!!\n\n- AA to recommend that he as CEO as well as the Board of Directors be required to hold AMC equal to at least 8 year his/their salary.\n\n- AA has no sold a single AMC stock for 5 YEARS. Nor is he planning to sell in September when he is allowed to.\n\n- AA is GONNA be 67 in September!!!!!\n\n🚨🚨🚨🚨🚨SAY TECHNOLOGY QUESTIONS 🚨🚨🚨🚨🚨\n\n- 🚨AA to soon give his shares to an individual 3rd party and only a fraction is to be sold. To increase shareholder value.🚨\n\n- 🚨AMC IS NOT GOING TO HAVE A DIVIDEND UNTIL NEXT YEAR AT LEAST UNTIL THEY ARE OUT OF DANGER🚨\n\n- 🚨AMC willing to partner with GME🚨\n\n- 🚨AMC WILL NOT BE HAVING DRIVE IN THEATER NOT A GOOD ECONOMIC INVESTMENT🚨\n\n- AMC to might buy back their debt and pay cash to reduce rent.\n\n- 🚨AMC to continue making deals to obtain EXCLUSIVE theatrical deals and to continue lead and dominate the theatrical field🚨\n\n- 🚨AMC to possibly sell merch!!!!!🚨\n\n- 🚨AMC to stream musicals and concert like the ones they're doing with Chance the Rapper and Halsey 🚨\n\n- 🚨AMC to not have a 🦍🦍🦍 as it's mascot. Nor a mascotin coming years.🚨\n\n- 🚨AMC to possibly make it's own movies, but maybe not as it's risky. AA wanted to sell more shares to raise more capital to entertain these kinds of ideas🚨\n\n- 🚨Sports leagues not wanting to sign deals with streaming live sports, AA wants to secure rights, leagues are being shitheads🚨\n\n- 🚨AA weary of idea of creating full-blown entertainment play place, stuff like laser tag, requires more capital, possible at a later date discussion🚨\n\n🚨SHAREHOLDER QUESTION🚨\n\n???CAN AMCGET BACK TO ITS ORIGINAL STATE???\n\n- 💢(Short Answer Summary)💢 🚨AA says very unsure of prospects, AA says AMC would be more profitable if it did rise back up. AA believes that it SHOULD SLOWLY rise back up, but is uncertain🚨\n\n???Follow-up, Concession sales and ticket prices and such???\n\n- 💢(Short Answer Summary)💢 🚨AA says its up around purchases up 45%, especially with mobile payment and ordering, and with new choices, i.e. nachos, pizzas, etc. This is cause of the customers need to experience the full theater.\n\n!!!END OF CONFERENCE!!!", 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/', 'p1bva2', [['u/Grouchy-Ad6952', 30, '2021-08-10 00:17', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8c92ob/', 'Great summary, thank you!', 'p1bva2'], ['u/Sparkyy1863', 26, '2021-08-10 00:19', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8c9c1y/', 'He can’t as he could and probably would face legal repercussions from anything like that.\n\nYeah I know, it’s a crime to point out a crime.', 'p1bva2'], ['u/GentleGhostman', 13, '2021-08-10 00:25', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8ca30m/', "You're welcome🤗", 'p1bva2'], ['u/Abby-Someone1', 14, '2021-08-10 01:09', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8cfnkh/', 'A VERY meaty meeting.', 'p1bva2']]], ['u/SeauxAfrican', 'Spencer Dinwiddie Press Conference', 133, '2021-08-10 00:22', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/', '* Spencer Dinwiddie says when he brings a championship to D.C. he wants his dollar in a hundred pennies [0](https://twitter.com/cmillsnbcs/status/1424856131390873603?s=20)\n* Spencer Dinwiddie says he was moved to come to D.C. both because of GM Tommy Sheppard saying he believed in him during the recruiting pitch and the opportunity to "co-lead" the Wizards with Bradley Beal. "Sometimes, you just want to be loved," [1](https://twitter.com/davidaldridgedc/status/1424856938425331715?s=20)\n* Dinwiddie has done his homework on the roster and is describing how his ability to "wreak havoc" can work with Kuz and Rui attacking closeouts, Gafford as a lob threat, etc.. [2](https://twitter.com/BulletsForever/status/1424857614328926211?s=20)\n* Spencer Dinwiddie on his timeline to return from the ACL injury: "I don\'t see any reason why I won\'t be in the starting lineup for the first game in October." [3](https://twitter.com/ChaseHughesNBCS/status/1424857266822471680?s=20)\n* Spencer Dinwiddie says he\'s been cleared from his ACL rehab, but had not progressed to 5-on-5 because the Nets were eliminated from the playoffs right before he was able to. [3A](https://twitter.com/ChaseHughesNBCS/status/1424856090693574657?s=20)\n* Spencer Dinwiddie says one of the reasons why he chose the Wizards was because him and Bradley Beal are the same age (28), so their primes line up. [4](https://twitter.com/ChaseHughesNBCS/status/1424856248558702600?s=20)\n* Spencer Dinwiddie was asked what kind of communication he had with Bradley Beal before the trade he said, “That’s tampering, what are you talking about?” [5](https://twitter.com/BeccaMVP/status/1424858591987707906?s=20)\n* “I’m a Harry Potter guy.” -Spencer Dinwiddie [6](https://twitter.com/BeccaMVP/status/1424859121317208064?s=20)\n* “I’m familiar with Pope. He was a vet when I played in Detroit.” [7](https://twitter.com/BeccaMVP/status/1424856483817271299?s=20)\n* "My only objective on the floor is to win" [8](https://twitter.com/BulletsForever/status/1424857129152823298?s=20)\n* I\'m not Gilbert, John or Russ... I think I\'ll possibly be the first point guard in D.C. to lobby Senators about Bitcoin. [9](https://twitter.com/ChaseHughesNBCS/status/1424859917412970498?s=20)\n* Spencer Dinwiddie knows his advanced numbers. He mentioned how he\'s "solid" on catch-and-shoot threes, but not off the dribble. In 2019-20, he shot 37.3% on catch-and-shoot 3PTs and 27.7% off the dribble. [10](https://twitter.com/ChaseHughesNBCS/status/1424861010993758212?s=20)', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/', 'p1bzlk', [['u/GootzMcLaren', 103, '2021-08-10 00:46', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8ccqbd/', 'Honestly, he’s got a good personality for a city like dc. Kinda nerdy. Good fit for a highly educated place. He’s definitely going to start a nonprofit', 'p1bzlk'], ['u/scottyboo12', 55, '2021-08-10 01:01', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8ceqoj/', 'Great write up, OP. Thanks!', 'p1bzlk'], ['u/z3mcs', 15, '2021-08-10 01:05', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8cf88t/', "Looking forward to watching the full video! None of us including the players know what this team is going to look like on court. It's scary!", 'p1bzlk'], ['u/Garfield131415', 45, '2021-08-10 01:09', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8cfpk2/', '“I’m familiar with Pope. He was a vet when I played in Detroit.” \n \nKCP has been a vet since he was 21 lol', 'p1bzlk'], ['u/Ye_Biz', 26, '2021-08-10 01:18', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8cgum1/', '“I think he’s one of the best backup point guards in the league. I never told him this because I was playing against him but I hate when he guards me.”\n\n- Spencer Dinwiddie on Aaron Holiday\n\nFrom [Mayo](https://twitter.com/realquintonmayo/status/1424857646037884935?s=21)', 'p1bzlk'], ['u/Joshottas', 24, '2021-08-10 01:48', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8ckl92/', 'KCP gotta be the only dude in the history of the NBA to play in a sanctioned game with... 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 1.44% on Tuesday. Partially reversing a 5.71% rally from Monday, Bitcoin ended the day at $45,612.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $46,695.0 before hitting reverse. Falling short of the first major resistance level at $47,550, Bitcoin slid to a late afternoon intraday low $44,635.0. Steering clear of the first major support level at $43,902, however, Bitcoin revisited $45,800 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $46,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 (-0.54%), Ethereum (-0.64%), and Litecoin (-0.52%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 13.74% to lead the way, with Binance Coin (+4.96%) and Ripple’s XRP (+4.31%) also making solid gains. Chainlink (+1.43%), Crypto.com Coin (+0.45%), and Polkadot (+1.71%) trailed the front runners, however. Early in the week, the crypto total market fell to a Monday low $1,696bn before rising to a Tuesday high $1,897bn. At the time of writing, the total market cap stood at $1,848bn. Bitcoin’s dominance rose to a Monday high 47.44% before falling to a Tuesday low 46.27%. At the time of writing, Bitcoin’s dominance stood at 46.43%. This Morning At the time of writing, Bitcoin was up by 0.14% to $45,676.0. A mixed start to the day saw Bitcoin fall to an early morning low $45,486.0 before rising to a high $45,687.0. 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, Crypto.com Coin was up by 1.79% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $45,647 pivot to bring the first major resistance level at $46,660 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $46,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $46,695.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $48,000 before any pullback. The second major resistance level sits at $47,707. Failure to move through the $45,647 pivot would bring the first major support level at $44,600 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$43,000 levels. The second major support level at $43,587 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Slip Ahead of U.S. Inflation Data Moderna To Build A Covid Vaccine Manufacturing Plant In Canada U.S Inflation, FOMC Member Chatter, and COVID-19 Keeps the Dollar in the Spotlight Dogecoin – Daily Tech Analysis – August 11th, 2021 USD/CAD Exchange Rate Prediction – The Loonie Edges Higher Ahead of US Inflation Data E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Weakens Under 14973.25, Strengthens Over 15083.50', 'Bitcoin, BTC to USD, fell by 1.44% on Tuesday. Partially reversing a 5.71% rally from Monday, Bitcoin ended the day at $45,612.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $46,695.0 before hitting reverse.\nFalling short of the first major resistance level at $47,550, Bitcoin slid to a late afternoon intraday low $44,635.0.\nSteering clear of the first major support level at $43,902, however, Bitcoin revisited $45,800 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest return to $46,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nBitcoin Cash SV(-0.54%),Ethereum(-0.64%), andLitecoin(-0.52%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nCardano’s ADArallied by 13.74% to lead the way, withBinance Coin(+4.96%) andRipple’s XRP(+4.31%) also making solid gains.\nChainlink(+1.43%),Crypto.com Coin(+0.45%), and Polkadot (+1.71%) trailed the front runners, however.\nEarly in the week, the crypto total market fell to a Monday low $1,696bn before rising to a Tuesday high $1,897bn. At the time of writing, the total market cap stood at $1,848bn.\nBitcoin’s dominance rose to a Monday high 47.44% before falling to a Tuesday low 46.27%. At the time of writing, Bitcoin’s dominance stood at 46.43%.\nAt the time of writing, Bitcoin was up by 0.14% to $45,676.0. A mixed start to the day saw Bitcoin fall to an early morning low $45,486.0 before rising to a high $45,687.0.\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, Crypto.com Coin was up by 1.79% to lead the way.\nBitcoin would need to avoid a fall back through the $45,647 pivot to bring the first major resistance level at $46,660 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $46,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Tuesday’s high $46,695.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $48,000 before any pullback. The second major resistance level sits at $47,707.\nFailure to move through the $45,647 pivot would bring the first major support level at $44,600 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$43,000 levels. The second major support level at $43,587 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Silver Price Prediction – Prices Slip Ahead of U.S. Inflation Data\n• Moderna To Build A Covid Vaccine Manufacturing Plant In Canada\n• U.S Inflation, FOMC Member Chatter, and COVID-19 Keeps the Dollar in the Spotlight\n• Dogecoin – Daily Tech Analysis – August 11th, 2021\n• USD/CAD Exchange Rate Prediction – The Loonie Edges Higher Ahead of US Inflation Data\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Weakens Under 14973.25, Strengthens Over 15083.50', 'RADNOR, PA / ACCESSWIRE / August 10, 2021 /The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Northern District of California against Coinbase Global Inc. (NASDAQ:COIN) ("Coinbase") on behalf of those who purchased or acquired CoinbaseClass A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Offering Materials") for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021 (the "Offering").\nDeadline Reminder: Investors who purchased or acquired Coinbase Class A common stockpursuant and/or traceable to the Offering may,no later than September 20, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; toll free at (844) 887-9500; via e-mail [email protected];orclickhttps://www.ktmc.com/coinbase-global-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=coinbase\nAccording to the complaint, Coinbase "powers the cryptoeconomy," offering a "trusted platform" for sending and receiving Bitcoin and other digital assets built using blockchain technology to approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.\nOn April 14, 2021, Coinbase filed its prospectus on a Form 424B4, which forms part of the registration statement. Coinbase registered for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. Coinbase\'s operations would continue to be financed with cash flow from operating activities and net proceeds from the sale of convertible preferred stock.\nThe complaint alleges that one month later, the high-flying promise of Coinbase came to a screaming halt, as Coinbase conceded the need to raise capital and revealed performance issues that prevented users\' ability to trade cryptocurrencies. On May 17, 2021, Coinbase announced its plans to raise about $1.25 billion via a convertible bond sale. Then, on May 19, 2021, Coinbase revealed technical problems, including "delays . . . due to network congestion" affecting those who want to get their money out.\nFollowing this news, Coinbase\'s share price fell $23.44 per share, nearly 10%, over two consecutive trading sessions, to close at $224.80 per share on May 19, 2021. By the time the complaint was filed, Coinbase stock traded as low as $208.00 per share, a decline from its April 14, 2021 opening price of $381.00 per share.\nThe complaint alleges that the Offering Materials were false and misleading and omitted to state that, at the time of the Offering: (1) Coinbase required a sizeable cash injection; (2) Coinbase\'s platform was susceptible to service-level disruptions, which were increasingly likely to occur as Coinbase scaled its services to a larger user base; and (3) as a result of the foregoing, the defendants\' positive statements about Coinbase\'s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.\nCoinbase investors may,no later than September 20, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing 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: 2021-08-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $867,925,302,603 - Hash Rate: 105931446.20976518 - Transaction Count: 262437.0 - Unique Addresses: 631031.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. crypto traders are able to easily bypass blocks on overseas derivatives platforms, new research has found. • American crypto traders are getting round measures that are supposed to block them from using offshore exchanges such as FTX and Binance, the Wall Street JournalreportedFriday, citing research by data firm Inca Digital. • U.S.-based traders are able to use virtual private networks designed to mask the country where they are based. Or they simply lie about where they are from. • Inca’s technology is used by the Commodity Futures Trading Commission (CFTC), the body that regulates derivatives trading in the U.S. Offshore exchanges operate outside of the CFTC’s purview and can avoid some of the rules relating to investor protection and market manipulation. • The research was conducted by scanning Twitter for exultant tweets about successful trades and so on. • Inca found 2,000 such tweets, of which 372 belonged to Americans. It is likely this represents only a tiny proportion of the total number, the Journal said. • Of the 372, 240 were using FTX, prompting the Hong Kong-based exchange to say it will tighten its procedures to block U.S. users. • Until this week, FTX users were able to gain entry-level access with a daily withdrawal limit of $9,000 without needing to provide identification documents. • $100K in Bitcoin Up for Grabs as FTX’s MLB Team-Up Advances • Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure • FTX US Affiliate Sees Record Daily Trading Volume in First Half of 2021 • Bank of America, Coinbase Ventures Invested in Paxos’ $300M Funding Round... - Reddit Posts (Sample): [['u/deltamoney', 'ADA - Just bought Cardano and have some questions?', 41, '2021-08-11 00:07', 'https://www.reddit.com/r/CoinBase/comments/p1zhrk/ada_just_bought_cardano_and_have_some_questions/', 'Hello Everyone!\n\nSince ADA is goin\' strong at the moment I figured I would share an FAQ. So you just bought ADA! Awesome! Welcome to the Cardano community! You\'ve heard about staking to get more ADA and generating passive ADA. I run a pool, \\[DARK\\] [www.ada-darkpool.com](https://www.ada-darkpool.com/) and I wanted to put down some common questions that I get from people that might help you out on your journey! So, Here is a cheat sheet for Cardano and staking! \n\n\n**Key Terms:** \n\\- **Staking** \\- When you "delegate" to a pool. You get passive income. About 5% \n\\- **Delegating** \\- When you join a pool \n\\- **Stake** **Pool** \\- A pool that processes the blockchain that you can join and share in the rewards \n\\- **Native Asset/Token** \\- A token/NFT that is native to Cardano and needs no smart contract to work. \n\\- **Epoch** (Epik, E-Poke, epooch) - Epochs are 5 days and at the change over to the next, there\'s lots of math, things are calculated, and staking rewards are distributed. \n\n\n**Cardano is proof of stake. What does that mean?**\n\nIt means that ADA is not mined like Bitcoin where everyone is racing to have the biggest, fastest computer. ADA is "staked" with a stake pool. The more stake a pool has up to the saturation point of just under 64 million, the higher the chances the pool will win a block.\n\nStaking or delegating your ADA to a pool is a core feature of how Cardano works.\n\n**What are Catalyst Funds / Voting??**\n\nSo possibly the coolest part of Cardano, is that if you have over 500 ADA, you can vote. You heard that right. **You are literally a Cardano Citizen.** You have a voice in the future of Cardano. How cool is that! Basically there are rounds of projects you can vote on that will be funded with ADA. There are hundreds of projects that get funded out of the treasury. Its really something awesome.\n\n**What is a stake pool?**\n\nA stake pool is where YOU, the Cardano owner, can delegate your ADA and generate, on average, 5% a year ADA. They are run buy Stake Pool Operators who maintain the servers, keep them up to date, and possibly have a cool little community you can be apart of.\n\n**How do I stake my ADA?**\n\nYou can stake your ADA using the **official Cardano Wallets**. You **need** these official wallets to stake your ADA. When you stake your ADA on an exchange, in essence you are automatically staking in their stake pools. This is not good for the network as it centralizes stake with the exchanges.\n\nDaedalus (Full Wallet): [https://daedaluswallet.io/](https://daedaluswallet.io/)\n\nYoroi (Light Wallet and Mobile): [https://yoroi-wallet.com/#/](https://yoroi-wallet.com/#/)\n\n* ***You are always 100% the owner, controller, and lord of your ADA. It never leaves your wallet. You are basically just telling the network which pool you support. Think of it like casting a vote.*** \n\n\nAll of these wallets have a "Staking"/Delegation tab. From there you can join a pool.\n\n**How do stake pools operate?**\n\nPeople in the community operate the pools. They are called Stake Pool Operators, or SPOs. The pools provide the reliable and stable processing and computing power for the network. We want the network to be reliable and distributed globally.\n\n**What is an epoch?**\n\nCardano operates on time intervals called epochs, about 5 days. Every epoch, things are summed up, calculated, and onto the next one. Your staking rewards and delegation operate on these epochs as well. **It takes 3 epochs for your rewards to start generating returns.**\n\n**I Just delegated and I have not seen any Rewards**\n\nWhen you initially delegate, it will take 15-20 days until you first receive rewards, depending on your pool\'s performance. You will continue to receive rewards every 5 days thereafter. Think of it like stock dividends. You don\'t get paid immediately when you buy the stock. You have to wait for the record date, then the actual dividend payout date. This is part of what is happening with the epoch change.\n\n**I joined a small pool and I have not seen rewards.**\n\nFirst, thanks for taking the time and chance to join a small pool! Small pools are not guaranteed to produce a block every epoch. However, the return is about a 5% yearly average. So it might not be assigned a block this epoch, but maybe it will get two blocks next epoch. Small pools produce "lumpy" returns. Because of this, you might get more return than the average with smaller pools. Larger pools will generate more consistent blocks, but will converge on the average more.\n\n**What is pool saturation?**\n\nTo encourage network and pool diversity, there is a mechanism built into the network called saturation. Right now it\'s just under 64 million ADA. (subject to change) If a pool gets saturated, the payout decreases. This is to promote people joining other pools and discourages massive single centralized pools. It is up to **YOU** to check on your pool and make sure it is not saturated and it is YOUR responsibility to move to another pool. Recently, there have been stories of pools that are on the top of pool lists to get saturated very quickly. We may be talking about a matter of days or weeks now since ADA is getting popular.\n\n**I see there are fees on the pools. What are these fees?**\n\nPools have two types of fees. There is a fixed fee, which has a global minimum of 340 ADA and there is a margin percentage. Fixed + Margin % = Total Fee. Running a pool takes time and expertise. There needs to be an economic incentive, just like in Bitcoin mining, to run a secure and always available pool. That\'s because pools are running the network!\n\n* **These fees ONLY come out of the total reward for the epoch -- NEVER YOUR WALLET.**\n* If a pool generates 2000 in ADA for blocks, the payout to delegates would be 2000 - Fixed - (2000 \\* % Margin).\n\n**Sites With More Pool Information:**\n\n* [PoolTool](https://pooltool.io/)\n* [Adapools](https://adapools.org/)\n* [ADAex](https://adaex.org/)\n* [Cardanoscan](https://cardanoscan.io/)\n* [AdaTools](https://adatools.io/)\n* [Pool.pm](https://pool.pm/)\n* [PoolStats](https://poolstats.org/)\n* [PoolPeek](https://poolpeek.com/)\n\nCheck out the ELI5 Cardano Subreddit: [https://www.reddit.com/r/Cardano\\_ELI5/](https://www.reddit.com/r/Cardano_ELI5/)\n\nCheck out the Cardano Subreddit: [https://www.reddit.com/r/cardano/](https://www.reddit.com/r/cardano/)\n\nCheck out The Stakepool subredit: [https://www.reddit.com/r/CardanoStakePools/](https://www.reddit.com/r/CardanoStakePools/)\n\nIf you have any questions, please ask! If you want to find out more about what I do, Visit the site over at [www.ada-darkpool.com](https://www.ada-darkpool.com/). We have a discord, come join and hang out. We are Carbon-negative and make regular donations to charity! There are plenty of other cool pools to check out too. Most pool owners (especially small pool owners) are very nice and willing to help. Each pool has its "thing" and it\'s fun to check them all out.', 'https://www.reddit.com/r/CoinBase/comments/p1zhrk/ada_just_bought_cardano_and_have_some_questions/', 'p1zhrk', [['u/fx9TMK', 12, '2021-08-11 02:15', 'https://www.reddit.com/r/CoinBase/comments/p1zhrk/ada_just_bought_cardano_and_have_some_questions/h8h5aed/', 'I’m happy to see a post about cryptocurrency and not about someone that was gambling using their CB wallet and are mad their account was restricted and now they are calling CB a scam site.', 'p1zhrk']]], ['u/ArticMine', 'The US Infrastructure Bill and why it does not affect Monero miners, node operators etc.', 43, '2021-08-11 00:14', 'https://www.reddit.com/r/Monero/comments/p1zmad/the_us_infrastructure_bill_and_why_it_does_not/', 'Here is a link to the proposed legislation https://www.epw.senate.gov/public/_cache/files/e/a/ea1eb2e4-56bd-45f1-a260-9d6ee951bc96/F8A7C77D69BE09151F210EB4DFE872CD.edw21a09.pdf. Many thanks to npr.org, who unlike commercial publishers obsessed with eyeballs and advertising revenue actually he provide a link to the actual legislation. The section related to Digital Assets is \n\n&gt; SEC. 80603. INFORMATION REPORTING FOR BROKERS AND DIGITAL ASSETS. \n\nstarting on page 2433. What has everyone up in arms is the very broad definition of "Broker" in sub paragraph (D) page 2434\n\n&gt; any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.\n\nThis is insanely broad and includes POW miners and also many node operators. What is not discussed is the specificity in the actual reporting requirements on page 2436\n\n&gt;RETURN REQUIREMENT FOR CERTAIN TRANSFERS OF DIGITAL ASSETS NOT OTHERWISE SUBJECT TO REPORTING.\n\n&gt; Any broker, with respect to any transfer (which is not part of a sale or exchange executed by such broker) during a calendar year of a covered security which is a digital asset from an account maintained by such broker to an account which is not maintained by, or an address not associated with, a person that such broker knows or has reason to know is also a broker, shall make a return for such calendar year, in such form as determined by the Secretary, showing the information otherwise required to be furnished with respect to transfers subject to subsection (a). \n\nIn other words:\n\nIt has to be a "covered security" so this does not affect Monero, or Bitcoin for example. \n\nIt has to be on "from an account maintained by such broker"\n\nMy take is that atomic swaps between XMR and BTC would not be affected by this. What is likely affected is stable coins since y their very nature are securities. I see Ethereum also in the cross hai... 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:** ['September E-mini S&P 500 Index futures finished higher on Wednesday after inflation jumped, but not by quite as much as investors feared when stripping out volatile food and energy prices.\nJuly’sConsumer Price Index (CPI)released Wednesday showed prices jumped 5.4% since last year, compared to expectations of 5.3%, according to economists surveyed by Dow Jones. The government said CPI increased 0.5% in July on month-to-month basis.\nOn Wednesday,September E-mini S&P 500 Indexfutures settled at 4440.50, up 10.50 or +0.24%.\nThe market moving news was thecore rate of inflation, which could signal inflation will remain tempered and the economy will remain strong. CPI, excluding energy and food prices, rose by 0.3% last month, below the 0.4% increase expected. Core prices still jumped 4.3% on a year-over-year basis.\nThe main trend is up according to the daily swing chart. A trade through 4443.25 will reaffirm the uptrend. A move through 4224.00 will change the main trend to down.\nThe minor trend is also up. A trade through 4412.25 will change the minor trend to down. This will also shift momentum to the downside.\nThe minor range is 4364.75 to 4443.25. Its 50% level or pivot at 4404.00 is the nearest support.\nThe short-term range is 4224.00 to 4443.25. If the minor trend changes to down then look for a pullback into its retracement zone at 4333.50 to 4307.75.\nThe direction of the September E-mini S&P 500 Index early Thursday will be determined by trader reaction to the pivot at 4404.00.\nA sustained move over 4404.00 will indicate the presence of buyers. Taking out 4443.25 will indicate the buying is getting stronger. This could trigger an acceleration to the upside if the buying volume is strong enough.\nA sustained move under 4404.00 will signal the presence of sellers. If this move creates enough downside momentum then look for the selling to possibly extend into the minor bottom at 4364.75, followed by the short-term retracement zone at 4333.50 to 4307.75.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Dogecoin – Daily Tech Analysis – August 12th, 2021\n• Gold Price Prediction – Prices Rebound on Core CPI Decelleration\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 12th, 2021\n• Natural Gas Price Prediction – Prices Slip Despite Emergence of Tropical Storm Fred\n• Bulls Moves Stall As Neuberger Berman Joins Bitcoin\n• Gold Price Futures (GC) Technical Analysis – Look for Sellers on Test of $1757.70 – $1776.50 Retracement Zone', 'September E-mini S&P 500 Index futures finished higher on Wednesday after inflation jumped, but not by quite as much as investors feared when stripping out volatile food and energy prices. July’s Consumer Price Index (CPI) released Wednesday showed prices jumped 5.4% since last year, compared to expectations of 5.3%, according to economists surveyed by Dow Jones. The government said CPI increased 0.5% in July on month-to-month basis. On Wednesday, September E-mini S&P 500 Index futures settled at 4440.50, up 10.50 or +0.24%. The market moving news was the core rate of inflation , which could signal inflation will remain tempered and the economy will remain strong. CPI, excluding energy and food prices, rose by 0.3% last month, below the 0.4% increase expected. Core prices still jumped 4.3% on a year-over-year basis. Daily September E-mini S&P 500 Index Daily Swing Chart Technical Analysis The main trend is up according to the daily swing chart. A trade through 4443.25 will reaffirm the uptrend. A move through 4224.00 will change the main trend to down. The minor trend is also up. A trade through 4412.25 will change the minor trend to down. This will also shift momentum to the downside. The minor range is 4364.75 to 4443.25. Its 50% level or pivot at 4404.00 is the nearest support. The short-term range is 4224.00 to 4443.25. If the minor trend changes to down then look for a pullback into its retracement zone at 4333.50 to 4307.75. Daily Swing Chart Technical Forecast The direction of the September E-mini S&P 500 Index early Thursday will be determined by trader reaction to the pivot at 4404.00. Bullish Scenario A sustained move over 4404.00 will indicate the presence of buyers. Taking out 4443.25 will indicate the buying is getting stronger. This could trigger an acceleration to the upside if the buying volume is strong enough. Bearish Scenario A sustained move under 4404.00 will signal the presence of sellers. If this move creates enough downside momentum then look for the selling to possibly extend into the minor bottom at 4364.75, followed by the short-term retracement zone at 4333.50 to 4307.75. 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: Dogecoin – Daily Tech Analysis – August 12th, 2021 Gold Price Prediction – Prices Rebound on Core CPI Decelleration EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 12th, 2021 Natural Gas Price Prediction – Prices Slip Despite Emergence of Tropical Storm Fred Bulls Moves Stall As Neuberger Berman Joins Bitcoin Gold Price Futures (GC) Technical Analysis – Look for Sellers on Test of $1757.70 – $1776.50 Retracement Zone View comments', 'It was a particularly quiet start to the day on theeconomic calendarthis morning. There were no major stats for the majors to consider, leaving the markets to respond to the overnight inflation figures from the U.S.\nAt the time of writing, theJapanese Yenwas up 0.08% to ¥110.340 against the U.S Dollar, while theKiwi Dollarwas down by 0.09% to $0.7036. TheAussie Dollarwas down by 0.07% to $0.7369.\nIt’s another relatively quiet day ahead on the economic data front. Industrial production figures for the Eurozone will be in focus later today.\nIn spite of some disappointing numbers from German last week, a fall would weigh on the EUR.\nAt the time of writing, theEURwas up by 0.01% to $1.1740.\nIt’s a particularly busy day ahead on theeconomic calendar. Prelim 2ndquarter GDP numbers are due out along with industrial and manufacturing production figures.\nExpect the 2ndquarter GDP and manufacturing production figures to be the key stats of the day.\nBusiness inventory numbers and trade data are also due out but should have a limited impact on the Pound.\nAt the time of writing, thePoundwas up by 0.01% to $1.3870.\nIt’s a relatively busy day ahead on the economic calendar.\nWholesale inflation and weekly jobless claims will be the key stats of the day.\nIn the wake of the impressive nonfarm payroll figures, a marked fall in claims would support a Dollar breakout. Inflation figures from Thursday have delivered some uncertainty for the markets on what lies ahead for the FED. An impressive fall in jobless claims would reignite talk of a near-term move by the FED.\nAt the time of writing, the U.S Dollar Spot Index was down by 0.04% to 92.8880.\nIt’s yet another particularly quiet day on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction.\nThe lack of stats will leave the Loonie in the hands of market risk sentiment and the IEA’s monthly report on the day.\nAt the time of writing, theLooniewas down by 0.06% to C$1.2512 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• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 12th, 2021\n• Natural Gas Price Prediction – Prices Slip Despite Emergence of Tropical Storm Fred\n• A Busier Economic Calendar Puts the EUR, the Pound, and the Greenback in Focus\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 12th, 2021\n• GBP/USD Daily Forecast – Test Of Support At 1.3860\n• Bulls Moves Stall As Neuberger Berman Joins Bitcoin', 'Earlier in the Day: It was a particularly quiet start to the day on the economic calendar this morning. There were no major stats for the majors to consider, leaving the markets to respond to the overnight inflation figures from the U.S. The Majors At the time of writing, the Japanese Yen was up 0.08% to ¥110.340 against the U.S Dollar, while the Kiwi Dollar was down by 0.09% to $0.7036. The Aussie Dollar was down by 0.07% to $0.7369. The Day Ahead For the EUR It’s another relatively quiet day ahead on the economic data front. Industrial production figures for the Eurozone will be in focus later today. In spite of some disappointing numbers from German last week, a fall would weigh on the EUR. At the time of writing, the EUR was up by 0.01% to $1.1740. For the Pound It’s a particularly busy day ahead on the economic calendar . Prelim 2 nd quarter GDP numbers are due out along with industrial and manufacturing production figures. Expect the 2 nd quarter GDP and manufacturing production figures to be the key stats of the day. Business inventory numbers and trade data are also due out but should have a limited impact on the Pound. At the time of writing, the Pound was up by 0.01% to $1.3870. Across the Pond It’s a relatively busy day ahead on the economic calendar. Wholesale inflation and weekly jobless claims will be the key stats of the day. In the wake of the impressive nonfarm payroll figures, a marked fall in claims would support a Dollar breakout. Inflation figures from Thursday have delivered some uncertainty for the markets on what lies ahead for the FED. An impressive fall in jobless claims would reignite talk of a near-term move by the FED. At the time of writing, the U.S Dollar Spot Index was down by 0.04% to 92.8880. For the Loonie It’s yet another particularly quiet day on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction. The lack of stats will leave the Loonie in the hands of market risk sentiment and the IEA’s monthly report on the day. Story continues At the time of writing, the Loonie wa **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: 2021-08-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $852,022,678,500 - Hash Rate: 108813934.5420037 - Transaction Count: 250961.0 - Unique Addresses: 605994.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks extended gains on Tuesday, with equities steadying following concerns over the path forward for monetary policy. The S&P 500 advanced to end within striking distance of a record high. The Dow also added to gains, a day after the 30-stock index jumped by the most since March. The Nasdaq reached a record intraday and closing high. Cryptocurrency prices were broadly lower as concerns over tighter regulatory actions from China continued to weigh, and tokens from Bitcoin (BTC-USD) to the meme-based Dogecoin (DOGE-USD) added to recent losses. Bitcoin prices fell below $30,000 and erased year-to-date gains at their intraday lows. Tuesday's session saw traders turn back toward tech stocks, with "reopening" stocks in the travel industries including airlines and cruise lines slumping after the Federal Reserve's increased inflation outlook raised concerns that higher prices would ultimately weigh on the economic recovery. According to some traders, now that the Fed has signaled it would move to stem fast-rising inflation, some of the longer-term allure of the cyclical trade may be lifted. "I think the question is going to be here is, we were priced very dovishly going into the Fed. We appear to now be priced quite hawkishly. Clearly, the right outcome is somewhere in the middle," Stuart Kaiser, UBS head of equity derivatives research, told Yahoo Finance. "So will energy benefit from a rebalancing of those expectations? Potentially. I think right now though, what we're seeing is people are readjusting their expectations, a little bit less excited about those, quote, unquote, 'reflation' sectors and maybe focused a little more on tech at the moment." Others offered a similar view. "One of the things we've been watching very closely is which way inflationary pressure would tip some of the growth stocks," Ann Berry, Wheelhouse chief investment officer, told Yahoo Finance on Monday. "What we've seen today, which is the upward movement again on the Nasdaq, the upward movement again on some of the key technology stocks ... is very much in keeping with what we would have expected – which is, as folks look where to put their capital in a rising inflation environment, this return to growth feels natural." "We're really looking now as people come out with announcements on what the second half of the year looks like, we're looking at what new business models are likely to persist going into this post-COVID environment," she added. With second-quarter earnings season ramping up over the next couple of weeks, investors are also gearing up for a potentially repeat performance of strong corporate profit results, with earnings turbo-charged by vaccinated, savings-laden consumers eager to go out and spend. So far, analysts are looking for S&P 500 earnings to grow by 61.9% year-on-year in aggregate, according to FactSet data – an estimate UBS'sKaiser said may still be "need to be revised higher." "I continue to believe that earnings are going to outperform. Expectations are getting better and better managed. But if you look at the blowout first quarter we had, I think there's enough momentum to continue that, which are going to make stocks an interesting investment throughout the year," Mitch Roschelle, Macro Trends Advisors LLC Founding Partner, told Yahoo Finance. "There likely will be a correction somewhere during the year, because there always is, but right now going into earnings season, I see tailwinds and not headwinds." — Here were the main moves in markets as of 4:04 p.m. ET: • S&P 500 (^GSPC): +21.65 (+0.51%) to 4,246.44 • Dow (^DJI): +68.61 (+0.20%) to 33,945.58 • Nasdaq (^IXIC): +111.79 (+0.79%) to 14,253.27 • Crude (CL=F): -$0.58 (-0.79%) to $73.08 a barrel • Gold (GC=F): -$5.90 (-0.33%) to $1,777.00 per ounce • 10-year Treasury (^TNX): -1.2 bps to yield 1.4720% — The Nasdaq Composite rose more than 0.5% to reach a record intraday high Tuesday afternoon as technology stocks outperformed. Almost all of the Big Tech FAANG stocks advanced strongly, with Google's parent company Alphabet the notable exception. Amazon shares were higher by more than 1.5%, with the company's annual Prime Day sales extravaganza under way. The consumer discretionary and information technology sectors outperformed in the S&P 500, while utilities and real estate were in the red. Nike and Home Depot outperformed in the Dow. — Federal Reserve Chair Jerome Powell is set to address the U.S. House of Representatives' Select Subcommittee on the Coronavirus Crisis starting at 2 p.m. ET on Tuesday. Powell is set to strike a balance between highlighting economic improvement and noting the risks still lingering due to the pandemic, according toprepared remarks released ahead of the event.These remarks are set to reaffirm the stance Powell took just last week in delivering his post-FOMC meeting press conference. In those, the central bank leader urged market participants to take the Fed's projection materials – which suggested two rate hikes by year-end 2023 —as only speculation based on current conditions. "Since we last met, the economy has shown sustained improvement," Powell said in the remarks, while adding that, "As with overall economic activity, conditions in the labor market have continued to improve, although the pace has been uneven." "The pandemic continues to pose risks to the economic outlook," according to the remarks. "The pace of vaccinations has slowed and new strains of the virus remain a risk. Continued progress on vaccinations will support a return to more normal economic conditions." — Existing home sales fell for a fourth consecutive month last month as tight inventory levels and rising prices weighed on housing market activity. Sales of previously owned homes were down 0.9% in May over April to reach a seasonally adjusted annualized level of 5.8 million, according to the National Association of Realtors' monthly report. This was less steep than the 2.1% decline expected, based on Bloomberg data. In April, existing home sales fell 2.7%. — Here's where markets were trading just after the opening bell: • S&P 500 (^GSPC): -1.90 (-0.04%) to 4,222.89 • Dow (^DJI): -28.69 (-0.08%) to 33,848.28 • Nasdaq (^IXIC): +0.59 (+0.00%) to 14,141.71 • Crude (CL=F): -$0.38 (-0.52%) to $73.28 a barrel • Gold (GC=F): -$5.00 (-0.28%) to $1,777.90 per ounce • 10-year Treasury (^TNX): +2.4 bps to yield 1.509% — Bitcoin prices fell more than 7% to briefly trade below $30,000, according to Yahoo Finance data. The drop added to a recent slump over the past several sessions, with concerns over a regulatory crackdown out of China weighing on Bitcoin, Ethereum and other cryptocurrency prices. Bitcoin, the largest cryptocurrency by market capitalization, came within about $500 of erasing year-to-date gains, after entering 2021 just above $29,000. Earlier this week, the People's Bank of China, or China's central bank, said it convened a meeting with some of the country's largest banks tourge the firms to enforce bans on cryptocurrency trading and other services.This added to concerns for crypto holders afterreports last week suggested a major Chinese citywas planning to shut down all Bitcoin and Ethereum mining operations within a year. — Shares of GameStop (GME) rose more than 8% in early trading afterthe company announcedit raised about $1.13 billion in a previously disclosed equity offering. Thecompany had disclosed on June 9that it planned to sell 5 million shares of common stock in an at-the-market share sale. Proceeds from the offering will be used "for general corporate purposes as well as for investing in growth initiatives and maintaining a strong balance sheet," according to the video game retailer. — Here's where markets were trading Tuesday morning: • S&P 500 futures (ES=F): 4,218.75, +5 points (+0.12%) • Dow futures (YM=F): 33,782.00, +21 points (+0.06%) • Nasdaq futures (NQ=F):14,164.50, +34.5 points (+0.24%) • Crude (CL=F): -$0.51 (-0.69%) to $73.15 a barrel • Gold (GC=F): +$3.30 (+0.19%) to $1,786.20 per ounce • 10-year Treasury (^TNX): -0.1 bps to yield 1.4840% — Here's where markets were trading Monday evening: • S&P 500 futures (ES=F): 4,218.75, +5 points (+0.12%) • Dow futures (YM=F): 33,802.00, +41 points (+0.12%) • Nasdaq futures (NQ=F):14,140.5, +10.5 points (+0.07%) — Emily McCormick is a reporter for Yahoo Finance.Follow her on Twitter: @emily_mcck Read more from Emily: • Inflation: Is it transitory or not? • May jobs report: Economy adds back 559,000 jobs, unemployment rate fell to 5.8% • Charlie Munger on Robinhood and GameStop frenzy: 'It's a dirty way to make money' • Charlie Munger says Costco 'has one thing that Amazon does not have'... - 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:** ['This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021. VANCOUVER, BC / ACCESSWIRE / August 13, 2021 / HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (NASDAQ:HVBT) (FSE:HBF) (the " Company " or " HIVE ") is pleased to announce that it has ordered 1,800 Antminer S19j Pro miners from Bitmain Technologies Ltd. ("Bitmain"). These new miners have an aggregate hash power of 180 Petahash per second (PH/s). Miner Purchase HIVE is proud to reconnect with Bitmain one of the leading manufacturers in our industry and is excited to make this initial order of S19j Pro miners from Bitmain. These 1,800 miners are the first of our 2022 mining purchase program and will be delivered in 6 equal tranches of 300 miners, commencing in January 2022 through June 2022. "We are constantly upgrading our ASIC fleet to have the most efficient miners we can buy from cash flow," Frank Holmes, Executive Chairman of HIVE continued, "This purchase with Bitmain enables us to maintain our strategy to diversify the manufacturers we purchase from. Over the past year, we have been expressing our concerns about global shortages in chips and logistics delays in shipping equipment from Asia due to Covid 19. We have deep relationships Bitmain, MicroBT and Canaan which are all top global manufacturers in our industry." Today\'s miner purchase announcement is a continuation of our monthly strategy to increase our bitcoin mining capacity. HIVE intends to continue to utilize cash flow to make opportunistic investments and upgrade our fleet of BTC and ETH mining equipment on a regular monthly basis. Biweekly Status Update HIVE is also announcing that it expects to file its annual financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the "Annual Filings"), on or before August 26, 2021. The operational and reporting challenges associated with our global multi jurisdictional organization are being resolved for timely reporting in the future. This means the board and management are in a black out period and can not trade in the shares until the year end audited numbers have been filed. HIVE management confirms that it is working diligently to meet the Company\'s obligations relating to its Annual Filings and that, since it announced a delay of its Annual Filings (the "Filings Notice") there is no material change to the information set out in the Filings Notice that has not been generally disclosed and there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203. While subject to the MCTO, the Company will continue to comply with the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly status reports until it has satisfied the necessary filing requirements. Story continues HODL Update Presently we have 25,000 ETH in cold wallets and 875 BTC. We are continuing to HODL all our bitcoins which have been mined with green energy. Our current inventory of coins invested in BTC and ETH are valued at $100 million. As mentioned in our previous press release, our annual run rate at today\'s bitcoin prices and difficulty is approximately $220 million. Our next milestone is to hit 1 Exahash in BTC mining by the end of this month. About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020. We encourage you to visit HIVE\'s YouTube channel here to learn more about HIVE. 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" 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 "forward-looking information" 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. "Forward-looking information" in this news release includes, but is not limited to, statements with respect to information about the proposed purchase of equipment from Bitmain technologies Ltd., including the potential increase in hashpower, the potential for the Company\'s long-term growth, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the timely delivery of equipment from Bitmain Technologies Ltd. and the Company\'s ability to operate the equipment on an economic basis or at all; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the volatility of digital currency prices; continued effects of the COVID-19 pandemic may have a material adverse effect on the Company\'s performance as supply chains are disrupted and prevent the Company from carrying out its expansion plans or operating its assets; the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company\'s filings at www.sec.gov/EDGAR and www.sedar.com . The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. SOURCE: Hive Blockchain Technologies Ltd View source version on accesswire.com: https://www.accesswire.com/659627/HIVE-Blockchain-Orders-1800-High-Performance-Miners-From-Bitmain-and-Provides-Biweekly-Status-Update View comments', 'This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.\nVANCOUVER, BC / ACCESSWIRE / August 13, 2021 /HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (NASDAQ:HVBT) (FSE:HBF) (the "Company" or "HIVE") is pleased to announce that it has ordered 1,800 Antminer S19j Pro miners from Bitmain Technologies Ltd. ("Bitmain"). These new miners have an aggregate hash power of 180 Petahash per second (PH/s).\nMiner Purchase\nHIVE is proud to reconnect with Bitmain one of the leading manufacturers in our industry and is excited to make this initial order of S19j Pro miners from Bitmain. These 1,800 miners are the first of our 2022 mining purchase program and will be delivered in 6 equal tranches of 300 miners, commencing in January 2022 through June 2022.\n"We are constantly upgrading our ASIC fleet to have the most efficient miners we can buy from cash flow," Frank Holmes, Executive Chairman of HIVE continued, "This purchase with Bitmain enables us to maintain our strategy to diversify the manufacturers we purchase from. Over the past year, we have been expressing our concerns about global shortages in chips and logistics delays in shipping equipment from Asia due to Covid 19. We have deep relationships Bitmain, MicroBT and Canaan which are all top global manufacturers in our industry."\nToday\'s miner purchase announcement is a continuation of ou **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: 2021-08-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $835,141,975,209 - Hash Rate: 108175319.62792765 - Transaction Count: 260624.0 - Unique Addresses: 639596.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks were mixed on Wednesday, with the S&P 500 gaining for a fifth straight session to end the day at yet another record closing high. Traders considered stronger-than-expected prints on private payroll gains and pending home sales and looked ahead to more economic data out at the end of this week. Wednesday's session also marked the final day of trading for the month of June, the second quarter, and the first half of 2021. The S&P 500 closed out both the month of June and the first half of the year with sharp advances. The blue-chip index increased more than 2% in June for a fifth straight monthly advance, and has increased by about 14.4% for the first half of 2021. The Nasdaq gained more than 5% in June and has increased 12.5% for the year to date. The Dow ended June little changed, underperforming against the other two major indexes as traders rotated back into technology and growth stocks. The index has still held onto a 12.7% advance for the year-to-date, however. In the S&P 500, the information technology, real estate and communication services sectors came in as the top-performers for the April through June quarter, and only the utilities sector ended the quarter lower. Other asset classes have posted more mixed performances. The 10-year Treasury yield hit a year-to-date peak of 1.77% in March but ended the quarter yielding just under 1.5%. West Texas intermediate crude oil has increased more than 20% in the second quarter, with the rebound in energy prices coinciding with a pick-up in energy demand and fast-improving travel trends. Cryptocurrencies, however, have had a tougher second quarter, and Bitcoin has tumbled from around $59,000 at the end of March to around $35,000 as of Wednesday, albeit while still being up significantly over a multi-year horizon. "One of the big calls we've made is, stocks will outperform bonds, and that's one of the big ways we're constructing our portfolios," Ryan Detrick, LPL Financial chief market strategist, told Yahoo Finance. "We still think that's the play, that stocks will probably do better than bonds the second half of this year as the economy continues to improve, open up, and it'll be led by those earnings which will justify pretty pricey multiples." The major U.S. stock indexes have moved only modestly so far this week, hovering at or near record levels while traders await more catalysts to push equities higher. Many have pointed to the prospects of another batch of strong corporate earnings results as a likely source of upcoming strength, given the firming economic backdrop as pandemic risks in the U.S. recede further. On Wednesday, traders got stronger than expected update on the labor marketin ADP's June private payrolls report.This underscored the ongoing economic recovery with a sixth straight monthly increase in employment, with jobs rising by 692,000 versus the 600,000 expected. Consumer confidence has also risen and pointed to Americans' increased propensity to spend, with the Conference Board's consumer confidence index racing to the highest level since February 2020 in June. "If you look at what's really been powering the economy and powering the stock market, it's been the fact that there's been so much fiscal stimulus pour into the economy," David Lefkowitz, UBS Global Wealth Management head of equities for the Americastold Yahoo Finance."What's really crucial though is that a lot of that fiscal stimulus has actually not been spent year. It's sitting on the balance sheets of consumers." "It's a lot of dry powder for continued gains in the economy, and that translates into good news for corporate profits down the road," he added. — Here were the main moves in markets as of 4:10 p.m. ET: • S&P 500 (^GSPC): +5.70 (+0.13%) to 4,297.50 • Dow (^DJI): +210.22 (+0.61%) to 34,502.51 • Nasdaq (^IXIC): -24.38 (-0.17%) to 14,503.95 • Crude (CL=F): +$0.56 (+0.77%) to $73.54 a barrel • Gold (GC=F): +$7.00 (+0.40%) to $1,770.60 per ounce • 10-year Treasury (^TNX): -3.7 bps to yield 1.4430% — Shares of Chinese ride-hailing giant Didi Global (DIDI)began trading on the New York Stock Exchange at $16.65 apiece Wednesday afternoon,representing a rise of 19% from its IPO price of $14 per share on Tuesday. At the time of the initial public offering, the company sold 316.8 million shares to raise $4.4 billion, making it one of the largest initial public offerings of a Chinese company in the U.S. since Alibaba's (BABA) $25 billion listing in 2014. Didi, founded in 2012, has grown to be the largest ride-hailing player in China. It has received backing from Softbank and Tencent, andUber (UBER) sold its Chinese business to the company in 2016and retains a 12.8% stake in the firm. Revenues were 141.7 billion yuan, or $21.6 billion, in 2020, compared to 154.8 billion yuan, or nearly $24 billion, in 2019. Net losses widened to 10.6 billion yuan, or $1.6 billion, in 2020 from 9.7 billion yuan, or about $1.5 billion, in 2019. However, this was narrower than the loss of 15 billion yuan, or about $2.3 billion, posted in 2018. — Pending home sales rocketed higher in May after sinking in April,rebounding as mortgage rates dipped to offset affordability impacts from low inventory and rising demand. Pending home sales were up 8% in May month-on-month, helping reverse April's 4.4% drop, according to data from the National Association of Realtors. This brought the pending home sales index to 114.7, or the highest reading for the month of May since 2005. "May's strong increase in transactions – following April's decline, as well as a sudden erosion in home affordability – was indeed a surprise," Lawrence Yun, NAR's chief economist, said in a press statement. "The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings." "The record-high aggregate wealth in the country from the elevated stock market and rising home prices are evidently providing funds for home purchases,” Yun added. — Here's where markets were trading just after the opening bell: • S&P 500 (^GSPC): -1.85 (-0.04%) to 4,289.95 • Dow (^DJI): -1.85 (-0.01%) to 34,290.44 • Nasdaq (^IXIC): -30.31 (-0.21%) to 14,494.10 • Crude (CL=F): +$0.73 (+1.00%) to $73.71 a barrel • Gold (GC=F): -$6.00 (-0.34%) to $1,757.60 per ounce • 10-year Treasury (^TNX): -2.6 bps to yield 1.454% — Private payrolls rose more than expected in Juneas businesses sought out more workers to fill job openings present across the recovering economy. ADP said Wednesday morning that private payrolls increased by 692,000 in June for a sixth straight monthly rise. Consensus economists were looking for an increase of 600,000, according to Bloomberg consensus data. In May, private employment grew by a 886,000 jobs, according to ADP's downwardly revised print. The beat was driven by a strong improvement in service-sector employment, with leisure and hospitality jobs up by 332,000 in June to add to the 414,000 brought back in May. The print comes two days before the Labor Department's "official" non-farm payrolls report, which is expected to show a similar trend in improving labor market trends. Non-farm payrolls likely rose by 700,000, according to Bloomberg consensus estimates, including 610,000 private payrolls. Still, ADP's has typically been an imprecise indicator of the Labor Department report, especially during the pandemic. The absolute error between the ADP and Labor Department private payrolls data has been 486,000 since January, according to an analysis from High Frequency Economics. — Here's where markets were trading Wednesday morning: • S&P 500 futures (ES=F): 4,280.00, -2 points (-0.05%) • Dow futures (YM=F): 34,142.00, -28.00 points (-0.08%) • Nasdaq futures (NQ=F):14,562.50, -0.5 points (-0.00%) • Crude (CL=F): +$1.01 (+1.38%) to $73.99 a barrel • Gold (GC=F): -$4.00 (-0.23%) to $1,759.60 per ounce • 10-year Treasury (^TNX): -2.4 bps to yield 1.456% — Here's where markets were trading into the overnight session on Tuesday: • S&P 500 futures (ES=F): 4,284.50, +2.5 points (+0.06%) • Dow futures (YM=F): 34,180.00, +10 points (+0.03%) • Nasdaq futures (NQ=F):14,578.25, +15.25 points (+0.1%) — Emily McCormick is a reporter for Yahoo Finance.Follow her on Twitter: @emily_mcck... - Reddit Posts (Sample): [['u/viktormendeleev', 'Just an American trying to optimize his savings...', 16, '2021-08-13 00:05', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/', 'So... \nI\'m scratching my head trying to figure out the best way to earn interest and have several questions... \n\n\n\n(1.) I saw someone post on here that that they split their savings between nexo and another crypto savings account. Why do that? \n\n\n\n(2.) What is the best way to buy crypto to be used in nexo? I bought some off coinbase\'s mobile app and they took out a sizeable chunk. Do I just transfer money into nexo and then exchange it for crypto?\n\n\n\n\n(3.) Is it worth it for an American to by the nexo crypto? (I think it\'s called nexus?) \nAmericans cannot opt in for our interest to be paid out in the nexo currency, and I need to dump a pretty sizeable chunk of money to go up from the basic tier... \nWhen you consider fees and such... is it even worth it? \n\n\n\n\n(4.) Have people found that dumping more into stablecoins with their flex terms is better? Or have people found something a bit more volatile like bitcoin and then setting it to a fixed term is better? I\'m talking about which do people prefer, I\'m assuming that having a split is best. \n\n\n\n(5.)Do you use a crypto savings account in conjunction with another crypto earning strategy? Or is it your solitary form of earning crypto? I\'m trying to figure out the optimal way to earn over time.... \nI work alot and ya know... have a busy life. So day trading crypto isn\'t really viable. \nI looked into crypto mining pools but with their fees and needing to band together a series of computers to be able to make small amounts of money it didn\'t really seem viable either. \n \nI thought about doing a service where you follow the actions of a better crypto trader.... what do you think? Whats worked best for you? \nI see people dropping 10+ grand on different stuff and it amazes me that people can accumulate so much. Are they just rich? --------------------------------------------------------------------------------------------------------------------------------------------------------------------\n\n\n\n\nIs the answer to #3 "yes it is worth it because you\'d still have crypto currency, and can exchange it into USD when you decide to withdrawal"?', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/', 'p3a215', [['u/blindao_blindado', 23, '2021-08-13 00:24', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/h8pmw44/', 'you write too much, what is the tldr for your questions?', 'p3a215'], ['u/DangerIsMyUsername', 14, '2021-08-13 00:42', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/h8pp6hk/', "Scientists will be studying the lack of white space in this post for centuries.\n\nEdit: If you can get past OPs missing formatting, this actually isn't a terrible post. I had a lot of these questions myself once upon a time as a beginner.", 'p3a215']]], ['u/1078Garage', 'Do you actually believe any coin or token you hold is capable of 1000X?', 668, '2021-08-13 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/', "It's probably the unicorn-hunt that got me into crypto, the Bitcoin Pizza Guy story; mainstream media's obsession with the massive gains. As I spent time in the space I realised that while it's possible, it's pretty unlikely. I invested in Shiba Inu when it hit my local exchange, not realising the parabolic rise had already occurred, I was just grabbing onto the fin of a rocket as it ran out of fuel and gravity was about to take hold of it again.\n\nI reconfigured my portfolio entirely to The Big Two and proven alts. I'm finally in the green and Shib is long gone. I'm comfortable with steady gains, but a part if me still wants that unicorn. I hodl a couple of fun DeFi longshots to scratch the itch though; little lottery ticket bags because why not. I have no confidence they'll 1000X and am fully resigned to them doing a hundredth of that. Which is still nice but hardly lamboish 😀\n\nDoes anyone hold a coin or token that you *know* is going to see this kind of insane performance? I'm genuinely curious about that kind of confidence because I've lost it.", 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/', 'p3a21f', [['u/Spiderman8291', 13, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkerm/', 'No but a 10X is possible', 'p3a21f'], ['u/Spinazzola_L', 36, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkfsx/', '1000x is a bit much haha', 'p3a21f'], ['u/deathtolucky', 13, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkgmz/', 'Possible? 100%. Probable? 1%', 'p3a21f'], ['u/SkiZer0', 503, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkhob/', 'Of course. They are the ones I don’t buy.', 'p3a21f'], ['u/smeg_me_off', 28, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pki7k/', "1000x? I'm going to need more hopium.", 'p3a21f'], ['u/Dr_Matematike', 14, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkjdp/', 'id settle for 2x', 'p3a21f'], ['u/cryptotarget', 220, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pklz0/', 'If I knew I wouldn’t check this sub so much trying to find it', 'p3a21f'], ['u/Notorious_Ape', 157, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkmmx/', "I think for a x1000 to happen you need to be buying new coins that aren't listed in many exchanges. But there's a high possibility of a rug pull so I stay away from that kind of fast money.", 'p3a21f'], ['u/throwaway5737264', 53, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pko2w/', '1000x is a bit much but 100x there are a couple I could see it being a possibility', 'p3a21f'], ['u/excalilbug', 72, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkolg/', "Maybe if I hold it for 20-30 years and it doesn't die.\n\nReally doubtful. Any 10x would suffice", 'p3a21f'], ['u/C1nderr', 37, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkoqn/', "I'm only expecting something between 5 to 10x in the distant future", 'p3a21f'], ['u/BlackWhiteTuxedoCat', 10, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkrvc/', 'Nah, maybe 5x in the short to medium term if I’m lucky. 10x long term, potentially', 'p3a21f'], ['u/Townhouse-hater', 11, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkrvu/', 'Today, no. I believe those days are long gone. Would be nice though.', 'p3a21f'], ['u/chantryc', 18, '2021-08-13 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pktxq/', 'Depends how quickly. I think ERG will get there eventually which is why I’m holding it long term.', 'p3a21f'], ['u/Lobster_Messiah', 85, '2021-08-13 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkw7f/', 'Yup. \n\nAnd it’s not some obscure purchase either.\n\nThe ADA I bought at .02 could be worth $20 some day. My only regret is not buying a lot more. \n\nRemember that bull markets make you money, but bear markets make you rich.', 'p3a21f'], ['u/R0B0C0P33', 10, '2021-08-13 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkxy6/', 'Sure, in the same way a lottery ticket *could* make you a millionaire.', 'p3a21f'], ['u/ughwithoutadoubt', 358, '2021-08-13 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pl504/', 'Sadly I’m a hopeless wannabe millionaire. So all of my coins I think will go to the moon\n\nThank you all very much for the upvotes. It means alot', 'p3a21f'], ['u/juiciestJbox', 201, '2021-08-13 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pl58y/', "If something has potential to 1000x there's a much higher chance it will crash to 0", 'p3a21f'], ['u/ACorDC', 13, '2021-08-13 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pl846/', "Moons could 1000x to a $20B market cap which isn't impossible. Not very likely though.", 'p3a21f'], ['u/8512764EA', 14, '2021-08-13 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8plhzn/', 'AMP is', 'p3a21f'], ['u/minedreamer', 13, '2021-08-13 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8plv68/', 'I think ALGO could in a decade but unlikely. closer to 50 or 100. NANO to 6k?\n\nactually scratch that BTC to 50,000,000. /s', 'p3a21f'], ['u/Solid-Mess', 21, '2021-08-13 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8ply18/', 'Damn you. I got Ada at 17 a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-06049, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company’s registration statement and prospectus (collectively, the “Offering Materials”) for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021 (the “Offering”). Plaintiff pursues claims against the Defendants under the Securities Act of 1933.\nIf you are a shareholder who purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company’s registration statement and prospectus, you have until September 20, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained atwww.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby [email protected] 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.\n[Click here for information about joining the class action]\nCoinbase “powers the cryptoeconomy,” offering a “trusted platform” for sending and receiving Bitcoin and other digital assets built using blockchain technology to approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.\nOn April 14, 2021, Coinbase filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. The Company registered for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. According to the Registration Statement, the resale of the Company’s stock was not underwritten by any investment bank and the registered stockholders would purportedly elect whether or not to sell their shares. Such sales, if any, would be brokerage transactions on the Nasdaq Global Select Market, and Coinbase would purportedly not receive any proceeds from the sale of shares of Class A common stock by the registered stockholders. Thus, Coinbase’s operations, including its liquidity and capital resources, would continue to be financed with cash flow from operating activities and net proceeds from the sale of convertible preferred stock. As of December 31, 2020, Coinbase had cash and cash equivalents of $1.1 billion, exclusive of restricted cash and customer custodial funds.\nThe complaint alleges that, the Offering Materials were false and misleading and omitted to state that, at the time of the Offering: (1) the Company required a sizeable cash injection; (2) the Company’s platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.\nOnly a month later, the high-flying promise of Coinbase came to a screaming halt, as Coinbase conceded the need to raise capital and revealed performance issues that prevented users’ ability to trade cryptocurrencies. On May 17, 2021, Coinbase announced its plans to raise about $1.25 billion via a convertible bond sale. Then, on May 19, 2021, Coinbase revealed technical problems, including “delays . . . due to network congestion” effecting those who want to get their money out.\nOn this news, the Company’s share price fell $23.44 per share, nearly 10% over two consecutive trading sessions, to close at $224.80 per share on May 19, 2021, thereby injuring investors.\nBy the commencement of this action, Coinbase stock traded as low as $208.00 per share, a significant decline from its April 14, 2021 opening price of $381.00 per share.\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. Seewww.pomlaw.com.\nCONTACT:Robert S. WilloughbyPomerantz [email protected] ext. 7980', 'NEW YORK, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Coinbase Global, Inc. (\x93Coinbase\x94 or the \x93Company\x94) (NASDAQ: COIN) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-06049, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company\x92s registration statement and prospectus (collectively, the \x93Offering Materials\x94) for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021 (the \x93Offering\x94). Plaintiff pursues claims against the Defendants under the Securities Act of 1933. If you are a shareholder who purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company\x92s registration statement and prospectus, you have until September 20, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com . To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] Coinbase \x93powers the cryptoeconomy,\x94 offering a \x93trusted platform\x94 for sending and receiving Bitcoin and other digital assets built using blockchain technology to approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries. On April 14, 2021, Coinbase filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. The Company registered for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. According to the Registration Statement, the resale of the Company\x92s stock was not underwritten by any investment bank and the registered stockholders would purportedly elect whether or not to sell their shares. Such sales, if any, would be brokerage transactions on the Nasdaq Global Select Market, and Coinbase would purportedly not receive any proceeds from the sale of shares of Class A common stock by the registered stockholders. Thus, Coinbase\x92s operations, including its liquidity and capital resources, would continue to be financed with cash flow from operating activities and net proceeds from the sale of convertible preferred stock. As of December 31, 2020, Coinbase had cash and cash equivalents of $1.1 billion, exclusive of restricted cash and customer custodial funds. Story continues The complaint alleges that, the Offering Materials were false and misleading and omitted to state that, at the time of the Offering: (1) the Company required a sizeable cash injection; (2) the Company\x92s platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing, Defendants\x92 positive statements about the Company\x92s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. Only a month later, the high-flying promise of Coinbase came to a screaming halt, as Coinbase conceded the need to raise capital and revealed performance issues that prevented users\x92 ability to trade cryptocurrencies. On May 17, 2021, Coinbase announced its plans to raise about $1.25 billion via a convertible bond sale. Then, on May 19, 2021, Coinbase revealed technical problems, including \x93delays . . . due to network congestion\x94 effecting those who want to get their money out. On this news, the Company\x92s share price fell $23.44 per share, nearly 10% over two consecutive trading sessions, to close at $224.80 per share on May 19, 2021, thereby injuring investors. By the commencement of this action, Coinbase stock traded as low as $208.00 per share, a significant decline from its April 14, 2021 opening price of $381.00 per share. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. 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: 2021-08-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $877,900,634,275 - Hash Rate: 126820808.5468918 - Transaction Count: 209074.0 - Unique Addresses: 520081.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A dogecoin was sent to space attached to a weather balloon to mark Elon Musk’s birthday on 28 June, 2021 (Reid Williamson/ Twitter) A YouTuber has sent a dogecoin high up towards the Earth’s stratosphere in a stunt designed to take the cryptocurrency “to space”. Reid Williamson used a weather balloon to launch the replica token in honour of Elon Musk’s 50th birthday. >> Follow all the latest updates with The Independent ’s live coverage of the crypto market The exact altitude the weather balloon reached is unknown, though they typically reach a height of around 40km (25 miles) before they burst. Outer space begins at around 100km from the Earth’s surface. “To pull this whole thing off, we had to gather a few supplies and do a little bit of research,” Mr Williamson explained in a video documenting the event. “I ordered a used GPS tracker from eBay, two weather balloons, a parachute, and of course a physical dogecoin replica from Amazon.” The dogecoin was launched from a field outside of Austin in Texas and landed roughly 30 miles away. The video was published to coincide with Mr Musk’s birthday on Monday, 28 June. “Hopefully this video will help to push the goodest boy to $1,” Mr Williamson wrote. “Elon, if you need any launch tips for getting Doge to the moon my DMs are always open.” The SpaceX and Tesla CEO tweeted on 1 April this year that his company was “going to put a literal dogecoin on the literal moon”. Despite appearing on April Fool’s Day, the tweet came just a week after Tesla began accepting bitcoin as a form of payment. Yes, we literally sent a doge into space 🚀 pic.twitter.com/MHOcFDVsqH — Reid (@williamson_reid) June 28, 2021 The tech billionaire also has a history of sending unusual payloads into space, having previously launched his Tesla car aboard the maiden test flight of the Falcon Heavy rocket. SpaceX secured a multi-billion dollar contract with Nasa earlier this year to return astronauts to the Moon using the next-generation Starship rocket. Test payloads would likely be sent to the Moon first, with launches expected to take place as early as next year. Story continues Mr Musk has also previously shared a mocked-up image of a Shiba Inu dog planting a dogecoin flag into the Moon’s surface. “Literally,” he wrote in February . “On the actual moon.” Read More Bitcoin: El Salvador’s president declares cryptocurrency legal tender Elon Musk sends adult-themed crypto price ‘to the moon’ after tweeting explicit emoji Dogecoin price surges after Elon Musk supports ‘important’ update... - 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 3.59% on Saturday. Partially reversing a 7.70% rally from Friday, Bitcoin ended the day at $47,084.0.\nA mixed start to the day saw Bitcoin rise to a late morning intraday high $48,141.0 before hitting reverse.\nFalling well short of the first major resistance level at $49,113, Bitcoin slid to a late morning intraday low $45,935.0.\nSteering clear of the first major support level at $45,412, Bitcoin revisited $47,400 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nRipple’s XRPsurged by 17.57% to lead the way.\nCardano’s ADA(+2.34%),Chainlink(-2.17%),Crypto.com Coin(+1.36%), and Polkadot (+2.16%) also found support.\nIt was a bearish day for the rest of the major, however, withEthereum(-1.74%) leading the way down.\nBinance Coin(-0.46%),Bitcoin Cash SV(-0.42%), andLitecoin(-0.25%) saw relatively modest losses on the day.\nIn the current week, the crypto total market fell to a Monday low $1,696bn before rising to a Saturday high $2,022bn. At the time of writing, the total market cap stood at $1,978bn.\nBitcoin’s dominance rose to a Monday high 47.44% before falling to a Saturday low 44.74%. At the time of writing, Bitcoin’s dominance stood at 44.82%.\nAt the time of writing, Bitcoin was up by 0.29% to $47,222.0. A mixed start to the day saw Bitcoin fall to an early morning low $47,078.0 before rising to a high $47,222.0.\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, Cardano’s ADA was up by 2.00% to lead the way.\nBitcoin would need to avoid the $47,053 pivot to bring the first major resistance level at $48,172 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $48,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $48,141.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $49,259.\nA fall through the $47,053 pivot would bring the first major support level at $45,967 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level sits at $44,847.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Rally on Slip in Confidence\n• Natural Gas Price Prediction – Prices Slide on Profit Taking as Storms Continue to Brew\n• The Weekly Wrap – Inflation and Consumer Sentiment Sink the Greenback…\n• Dogecoin – Daily Tech Analysis – August 15th, 2021\n• The Crypto Daily – Movers and Shakers – August 14th, 2021\n• S&P 500 Weekly Price Forecast – Stock Markets Continue Slow Grind Higher', 'Bitcoin , BTC to USD, fell by 3.59% on Saturday. Partially reversing a 7.70% rally from Friday, Bitcoin ended the day at $47,084.0. A mixed start to the day saw Bitcoin rise to a late morning intraday high $48,141.0 before hitting reverse. Falling well short of the first major resistance level at $49,113, Bitcoin slid to a late morning intraday low $45,935.0. Steering clear of the first major support level at $45,412, Bitcoin revisited $47,400 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 surged by 17.57% to lead the way. Cardano’s ADA (+2.34%), Chainlink (-2.17%), Crypto.com Coin (+1.36%), and Polkadot (+2.16%) also found support. It was a bearish day for the rest of the major, however, with Ethereum (-1.74%) leading the way down. Binance Coin (-0.46%), Bitcoin Cash SV (-0.42%), and Litecoin (-0.25%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,696bn before rising to a Saturday high $2,022bn. At the time of writing, the total market cap stood at $1,978bn. Bitcoin’s dominance rose to a Monday high 47.44% before falling to a Saturday low 44.74%. At the time of writing, Bitcoin’s dominance stood at 44.82%. This Morning At the time of writing, Bitcoin was up by 0.29% to $47,222.0. A mixed start to the day saw Bitcoin fall to an early morning low $47,078.0 before rising to a high $47,222.0. 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, Cardano’s ADA was up by 2.00% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $47,053 pivot to bring the first major resistance level at $48,172 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $48,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $48,141.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $49,259. A fall through the $47,053 pivot would bring the first major support level at $45,967 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level sits at $44,847. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rally on Slip in Confidence Natural Gas Price Prediction – Prices Slide on Profit Taking as Storms Continue to Brew The Weekly Wrap – Inflation and Consumer Sentiment Sink the Greenback… Dogecoin – Daily Tech Analysis – August 15th, 2021 The Crypto Daily – Movers and Shakers – August 14th, 2021 S&P 500 Weekly Price Forecast – Stock Markets Continue Slow Grind Higher', '(Bloomberg) -- The total market value of cryptocurrencies rose above $2 trillion again as Bitcoin continued to climb and the likes of Cardano, XRP and Dogecoin advanced as well. Crypto’s market value rose to $2.06 trillion on Saturday, according to CoinGecko, which tracks more than 8,800 coins. Bitcoin reached as high as $48,152, the highest level since May 16, as it showed staying power above its 200-day moving average. It wasn’t just Bitcoin holding up the overall market advance, however. As of 1 p.m. in Hong Kong on Sunday, Cardano -- now the third-ranked cryptocurrency after Bitcoin and Ether -- was up 47% over the past seven days. Binance Coin gained 14%, XRP 61% and Dogecoin 18% over the same period, according to CoinGecko pricing. “Bitcoin continues above its critical 200-day moving average,” Fundstrat strategists wrote in a note Friday. “Also on our radar is Cardano (ADA), which after signaling smart contracts are soon to hit the platform earlier this week is up” significantly. Read more: Developer Behind Surging Cardano Token Talks Crypto, Blockchain The moves higher came even after the cryptocurrency industry failed to win a change to crypto tax reporting rules in a U.S. infrastructure bill, leaving intact language for broad oversight of virtual currencies in the legislation that passed the Senate on Tuesday. Read more: Crypto Lobbyists Falter in Bid to Fix Broad Tax Provision “The price of Bitcoin was surprisingly resilient in the wake of the news,” wrote NYDIG Global Head of Research Greg Cipolaro in a note dated Saturday. “We interpreted this price action as extremely bullish,” and “we think the recognition of the crypto industry by lawmakers was ultimately a legitimizing event, one that should give investors comfort that this industry is here to stay.” More stories like this are available on bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2021 Bloomberg L.P.', '(Bloomberg) -- The total market value of cryptocurrencies rose above $2 trillion again as Bitcoin continued to climb and the likes of Cardano, XRP and Dogecoin advanced as well.\nCrypto’s market value rose to $2.06 trillion on Saturday, according to CoinGecko, which tracks more than 8,800 coins. Bitcoin reached as high as $48,152, the highest level since May 16, as it showed staying power above its 200-day moving average.\nIt wasn’t just Bitcoin holding up the overall market advance, however. As of 1 p.m. in Hong Kong on Sunday, Cardano -- now the third-ranked cryptocurrency after Bitcoin and Ether -- was up 47% over the past seven days. Binance Coin gained 14%, XRP 61% and Dogecoin 18% over the same period, according to CoinGecko pricing.\n“Bitcoin continues above its critical 200-day moving average,” Fundstrat strategists wrote in a note Friday. “Also on our radar is Cardano (ADA), which after signaling smart contracts are soon to hit the platform earlier this week is up” significantly.\nRead more: Developer Behind Surging Cardano Token Talks Crypto, Blockchain\nThe moves higher came even after the cryptocurrency industry failed to win a change to crypto tax reporting rules in a U.S. infrastructure bill, leaving intact language for broad oversight of virtual currencies in the legislation that passed the Senate on Tuesday.\nRead more: Crypto Lobbyists Falter in Bid to Fix Broad Tax Provision\n“The price of Bitcoin was surprisingly resilient in the wake of the news,” wrote NYDIG Global Head of Research Greg Cipolaro in a note dated Saturday. “We interpreted this price action as extremely bullish,” and “we think the recognition of the crypto industry by lawmakers was ultimately a legitimizing event, one that should give investors comfort that this industry is here to stay.”\nMore stories like this are available onbloomberg.com\nSubscribe nowto stay ahead with the 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: 2021-08-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $863,649,043,866 - Hash Rate: 140740165.58252627 - Transaction Count: 186239.0 - Unique Addresses: 474649.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: September E-mini NASDAQ-100 Index futures are trading nearly flat in Monday’s overnight session as investors prepare for a week that features reports on U.S. consumer and producer inflation and retail sales as well as the start of earnings season and testimony from Federal Reserve Chairman Jerome Powell. At 06:03 GMT, September E-mini NASDAQ-100 Index futures are at 14805.50, down 5.00 or -0.03%. Tech investors don’t have to worry too much about this week’s earnings reports since the major technology results come later in the month. Nonetheless, since investors have been moving money back and forth between stocks tied to the economic recovery and growth stocks, NASDAQ traders have to pay attention because of the possibility of wild price swings. In related news, the major averages’ record highs come ahead of the start of quarterly earnings reports. S&P 500 companies’ profits are expected to be up 65% from the same quarter a year ago, according to Refintiv, bouncing back from the worst of the pandemic. The expected surge in profits would be the strongest earnings growth since the fourth quarter of 2009, as stocks recovered from the financial crisis. Daily Swing Chart Technical Analysis The main trend is up according to the daily swing chart. A trade through 14883.75 will signal a resumption of the uptrend. A trade through 13451.25 will change the main trend to down. However, there is room for a short-term pullback. The minor trend is also up. A trade through 14540.50 will change the minor trend to down. This will shift momentum to the downside. Additional minor bottoms come in at 14471.00, 13958.50, 13830.25 and 13716.25 so there is plenty of potential support before a major change in trend. The first minor range is 14471.00 to 14883.75. Its 50% level at 14677.25 is the nearest support. Additional 50% support levels come in at 14421.00 and 14357.00. The latter is a potential trigger point for an acceleration into another 50% level at 14167.50. Daily Swing Chart Technical Forecast The direction of the September E-mini NASDAQ-100 Index on Monday is likely to be determined by trader reaction to 14712.00. Bullish Scenario A sustained move over 14712.00 will indicate the presence of buyers. If this move is able to generate enough upside momentum then look for a retest of 14883.75. This is a potential trigger point for an acceleration into the psychological 15,000 level. Bearish Scenario A sustained move under 14712.00 will signal the presence of sellers. The first target is a pivot at 14677.25. Look for the selling pressure to pick up if this price fails with the next potential targets lined up at 14540.50, 14471.00 and 14421.00. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Dogecoin – Daily Tech Analysis –July 12th, 2021 EUR/USD Daily Forecast – Euro Retreats At The Start Of The Week A Quiet Economic Calendar Leaves COVID-19 News and Central Bank Chatter in Focus Bitcoin and Ethereum – Weekly Technical Analysis – July 12th, 2021 USD/JPY Fundamental Daily Forecast – US-Japan Yield Spreads Dictating the Directon of Dollar/Yen Another Binance Smart Chain Project Suffers Attack 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:** ['Etheris the most popular cryptocurrency in Singapore, a survey published Monday found.\n• Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who ownbitcoin, according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap.Cardanocame third at 40%.\n• The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic.\n• Of those who haven’t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision.\n• Still, 34% of respondents who don’t own crypto said they plan to enter the market within the next 12 months\n• The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens.\n• Around 80% of crypto owners in Singapore are men and under 34, the survey found.\n• Women who own crypto have a higher median income than their male counterparts.\n• While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto.\n• Singapore is emerging as Asia’s crypto hub, in part due tofavorable regulation.\n• Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally\n• Cryptocurrency Market Tops $2T for First Time Since May\n• Ether Upside Strengthens Relative to Bitcoin\n• Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal', 'Ether is the most popular cryptocurrency in Singapore, a survey published Monday found. Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who own bitcoin , according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap. Cardano came third at 40%. The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic. Of those who haven\x92t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision. Still, 34% of respondents who don\x92t own crypto said they plan to enter the market within the next 12 months The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens. Around 80% of crypto owners in Singapore are men and under 34, the survey found. Women who own crypto have a higher median income than their male counterparts. While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto. Singapore is emerging as Asia\x92s crypto hub, in part due to favorable regulation . Related Stories Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally Cryptocurrency Market Tops $2T for First Time Since May Ether Upside Strengthens Relative to Bitcoin Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal', 'Etheris the most popular cryptocurrency in Singapore, a survey published Monday found.\n• Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who ownbitcoin, according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap.Cardanocame third at 40%.\n• The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic.\n• Of those who haven’t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision.\n• Still, 34% of respondents who don’t own crypto said they plan to enter the market within the next 12 months\n• The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens.\n• Around 80% of crypto owners in Singapore are men and under 34, the survey found.\n• Women who own crypto have a higher median income than their male counterparts.\n• While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto.\n• Singapore is emerging as Asia’s crypto hub, in part due tofavorable regulation.\n• Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally\n• Cryptocurrency Market Tops $2T for First Time Since May\n• Ether Upside Strengthens Relative to Bitcoin\n• Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal', 'Bitcoin, BTC to USD, slipped by 0.13% on Sunday. Following a 3.59% slide on Saturday, Bitcoin ended the week up by 7.37% to $47,084.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $47,369.0 before hitting reverse.\nFalling well short of the first major resistance level at $48,172, Bitcoin slid to an early afternoon intraday low $45,471.0.\nBitcoin fell through the first major support level at $45,966 before briefly revisiting $47,200 levels late in the day.\nThe near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nCardano’s ADAfell by 0.95% to join Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nChainlinkrose by 2.69% to lead the way.\nBinance Coin(+1.33%),Bitcoin Cash SV(+1.70%),Ethereum(+1.36%),Litecoin(+1.01%), and Polkadot (+1.47%) weren’t far off.\nCrypto.com Coin(+0.06%) andRipple’s XRP(+0.41%) trailed the front runners, however.\nWhile it was a mixed end to the week, it was a bullish week for the majors.\nRipple’s XRP surged by 64.95% to lead the way, with Cardano’s ADA ending the week up by 52.04%.\nBinance Coin (+21.15%), Chainlink (+21.08%) and Litecoin (+23.27%) also found strong support.\nBitcoin Cash SV (+16.49%), Crypto.Com Coin (+9.20%), Ethereum (+9.85%), and Polkadot (+9.85%) trailed the front runners, however.\nFor the week, the crypto total market fell to a Monday low $1,696bn before rising to a Saturday high $2,022bn. At the time of writing, the total market cap stood at $1,999.5bn.\nBitcoin’s dominance rose to a Monday high 47.44% before falling to a Sunday low 44.12%. At the time of writing, Bitcoin’s dominance stood at 44.32%.\nAt the time of writing, Bitcoin was up by 0.19% to $47,111.0. A bullish start to the day saw Bitcoin rise from an early morning low $47,023.0 to a high $47,174.0.\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, Crypto.com Coin was up by 1.13% to lead the way.\nBitcoin would need to avoid the $46,621 pivot to bring the first major resistance level at $47,770 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $47,500 levels.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $48,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $49,000 levels before any pullback. The second major resistance level sits at $48,519.\nA fall through the $46,621 pivot would bring the first major support level at $45,872 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level sits at $44,723.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 16th, 2021\n• USD/JPY Fundamental Weekly Forecast – Traders Eyeing Powell Speech, Fed Minutes for Clues About Tapering\n• Investors give value stocks a second look as bond yields rally\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 16th, 2021\n• Natural Gas Price Fundamental Daily Forecast – Loosening Supply/Demand Balances Weighing on Bullish Sentiment\n• After a Busy Morning, it’s a Quiet Day ahead, Leaving Dollar Chatter in Focus', 'Bitcoin , BTC to USD, slipped by 0.13% on Sunday. Following a 3.59% slide on Saturday, Bitcoin ended the week up by 7.37% to $47,084.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $47,369.0 before hitting reverse. Falling well short of the first major resistance level at $48,172, Bitcoin slid to an early afternoon intraday low $45,471.0. Bitcoin fell through the first major support level at $45,966 before briefly revisiting $47,200 levels late in the day. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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. Cardano’s ADA fell by 0.95% to join Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink rose by 2.69% to lead the way. Binance Coin (+1.33%), Bitcoin Cash SV (+1.70%), Ethereum (+1.36%), Litecoin (+1.01%), and Polkadot (+1.47%) weren’t far off. Crypto.com Coin (+0.06%) and Ripple’s XRP (+0.41%) trailed the front runners, however. While it was a mixed end to the week, it was a bullish week for the majors. Ripple’s XRP surged by 64.95% to lead the way, with Cardano’s ADA ending the week up by 52.04%. Binance Coin (+21.15%), Chainlink (+21.08%) and Litecoin (+23.27%) also found strong support. Bitcoin Cash SV (+16.49%), Crypto.Com Coin (+9. **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: 2021-08-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $883,599,319,775 - Hash Rate: 124500915.7076194 - Transaction Count: 263529.0 - Unique Addresses: 628859.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: China has continued its crackdown on crypto mining and is telling more than half of the world’s bitcoin miners to hit the bricks. Texas has become a popular destination for the flood of crypto miners who are fleeing China in the wake of increased regulations from government officials. China is concerned that bitcoin mining is having a negative effect on energy-rich regions of the country due to the massive power required for mining operations. According to CNBC, while the global distribution of mining power numbers for 2021 hasn’t yet been tabulated, estimates show that up to 75% of the world’s bitcoin mining is done in China. The mining is concentrated in four main provinces: Inner Mongolia, Sichuan, Yunnan, and Xinjiang. Xinjiang and Inner Mongolia make use of the coal plants in the area while Sichuan and Yunnan utilize the region’s hydropower resources. Crypto mining in those regions along with Qinghai has already been asked by the government to cease operations. To nobody’s surprise, these bans have already caused a lot of problems. One of those issues is thedrop in global hash ratewhich puts a value on the bitcoin network’s global computing power. Earlier in 2021, China’s average monthly share of the global has rate was 65% according to theCambridge Center for Alternative Finance. The report shows that Xinjiang alone made up for 36% of global consumption. While bitcoin has proven resilient to these hash rate drops thus far, the bans continue to come. Another issue that everyone saw coming was the possibility that some miners would ignore the requests and continue to mine illegally. This has been a particularlypersistent issue in Yunaanand the local authorities have threatened to cut power to those who continue to operate outside the law. The Chinese bans are the result of government promises to become carbon-neutral by 2060. For those law-abiding Chinese miners who wish to continue operating, a change of venue is required. Texas has become the go-to spot for these displaced mining operations with companies like Bitman, Blockcap, Argo Blockchain, and Great American Mining rumored to be just a few migrating to the Lone Star State. CNBC estimated that more than 50% of Chna’s total hash rate could eventually wind up in Texas. According to Didar Bekbauov, the founder of Kazakh mine provider Xive, the exodus is already underway and it could be a huge game-changer for Texas. “Texas not only has the cheapest electricity in the U.S. but some of the cheapest in the globe.” He goes on to state that setting up a mining company is easy and just requires some capital. “If you have $30 million, $40 million, you can be a premier miner in the United States.” Other advantages Texas provides are an expanding infrastructure based aroundrenewable energyandpoliticians who support cryptocurrency. Some of those politicians, such as Governor Greg Abbott, have even gone on record supporting bitcoin mining. He believes it could be a valuable industry for the U.S.... - 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:** ['It was a quiet start to the day on theeconomic calendarthis morning. There were no material stats in the early hours to provide the markets with direction. While there were no stats, however, the RBA meeting minutes were in focus this morning.\nSalient points from theminutesincluded:\n• The recovery had established strong momentum prior to recent outbreaks of the Delta variant.\n• Accompanying lockdowns had introduced a high degree of uncertainty to the outlook for the 2ndhalf of 2021.\n• Members expect economic activity and employment to decline in the 2nd\n• The high transmission of the Delta variant raised the possibility that a more gradual reopening would be needed compared with early episodes.\n• Under the assumption that further lengthy lockdowns would be limited, the economy was forecast to rebound from the current setback later in the year.\n• This is based on an easing of restrictions to follow a similar pattern as previous observed.\n• Beyond the virus outbreaks, underlying momentum in the economy, strengthened balance sheets, substantial fiscal support, progress on the vaccination front, and the ability of the economy to adapt supported the recovery outlook.\n• For 2023, output was expected to be higher than previously forecast in May.\n• Household spending had been tracking strongly in the months prior to the recent lockdowns.\n• Consumption continues to recover over April and May before restrictions affected spending in June.\n• The board reaffirmed the previously announced change in the rate of bond purchases. However, the bond purchase program will continue to be reviewed in light of economic conditions and the health situation.\n• Additionally, the board would be prepared to act in response to any further bad news on the health front.\n• In any event, the Board will not increase the cash rate until actual inflation is sustainably within the 2-3% target range.\n• The central scenario for the economy is that this condition will not be met before 2024.\nThe Aussie Dollar moved from $0.73260 to $0.73150 upon release of the minutes. At the time of writing, theAussie Dollarwas down by 0.37% to $0.7311.\nAt the time of writing, theJapanese Yenwas up 0.01% to ¥109.230 against the U.S Dollar, while theKiwi Dollarwas down by 0.07% to $0.7014.\nIt’s a relatively busy day ahead on the economic data front. Eurozone 2ndestimate GDP numbers and employment change figures for the 2ndquarter are due out later today.\nExpect any revisions to the GDP numbers to be key.\nAt the time of writing, theEURwas down by 0.03% to $1.1774.\nIt’s a busy day ahead on theeconomic calendar. Employment figures are due out later this morning. While earnings is an important consideration, claimant counts and employment change figures will likely have a greater impact.\nAt the time of writing, thePoundwas down by 0.14% to $1.3830.\nIt’s a busy day ahead on the economic calendar. Retail sales, industrial production, and business inventories are due out.\nThe focus will be on consumption, with any weak retail sales figures likely to materially impact the Dollar.\nAt the time of writing, the U.S Dollar Spot Index was up by 0.01% to 92.641.\nIt’s a quiet day on the economic calendar. Housing sector figures for July are due out that will likely have a muted impact on the Loonie.\nMarket risk sentiment and impact on crude oil prices will be key ahead of the numbers from the U.S.\nAt the time of writing, theLooniewas down by 0.13% to C$1.2590 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• USD/JPY Forex Technical Analysis – Weakens Under 109.076, Strengthens Over 109.569\n• Fitch Warns El Salvador It’s Risky To Adopt Bitcoin As Legal Tender\n• Dogecoin – Daily Tech Analysis – August 17th, 2021\n• S&P 500, Dow hit record highs as defensive shares shine\n• Target Corp to Benefit From Back-To-School Sales; Stocks Could Hit New Highs\n• GBP/USD Daily Forecast – British Pound Is Under Pressure', 'Earlier in the Day: It was a quiet start to the day on the economic calendar this morning. There were no material stats in the early hours to provide the markets with direction. While there were no stats, however, the RBA meeting minutes were in focus this morning. For the Aussie Dollar Salient points from the minutes included: The recovery had established strong momentum prior to recent outbreaks of the Delta variant. Accompanying lockdowns had introduced a high degree of uncertainty to the outlook for the 2 nd half of 2021. Members expect economic activity and employment to decline in the 2 nd The high transmission of the Delta variant raised the possibility that a more gradual reopening would be needed compared with early episodes. Under the assumption that further lengthy lockdowns would be limited, the economy was forecast to rebound from the current setback later in the year. This is based on an easing of restrictions to follow a similar pattern as previous observed. Beyond the virus outbreaks, underlying momentum in the economy, strengthened balance sheets, substantial fiscal support, progress on the vaccination front, and the ability of the economy to adapt supported the recovery outlook. For 2023, output was expected to be higher than previously forecast in May. Household spending had been tracking strongly in the months prior to the recent lockdowns. Consumption continues to recover over April and May before restrictions affected spending in June. The board reaffirmed the previously announced change in the rate of bond purchases. However, the bond purchase program will continue to be reviewed in light of economic conditions and the health situation. Additionally, the board would be prepared to act in response to any further bad news on the health front. In any event, the Board will not increase the cash rate until actual inflation is sustainably within the 2-3% target range. The central scenario for the economy is that this condition will not be met before 2024. Story continues The Aussie Dollar moved from $0.73260 to $0.73150 upon release of the minutes. At the time of writing, the Aussie Dollar was down by 0.37% to $0.7311. Elsewhere At the time of writing, the Japanese Yen was up 0.01% to ¥109.230 against the U.S Dollar, while the Kiwi Dollar was down by 0.07% to $0.7014. The Day Ahead For the EUR It’s a relatively busy day ahead on the economic data front. Eurozone 2 nd estimate GDP numbers and employment change figures for the 2 nd quarter are due out later today. Expect any revisions to the GDP numbers to be key. At the time of writing, the EUR was down by 0.03% to $1.1774. For the Pound It’s a busy day ahead on the economic calendar . Employment figures are due out later this morning. While earnings is an important consideration, claimant counts and employment change figures will likely have a greater impact. At the time of writing, the Pound was down by 0.14% to $1.3830. Across the Pond It’s a busy day ahead on the economic calendar. Retail sales, industrial production, and business inventories are due out. The focus will be on consumption, with any weak retail sales figures likely to materially impact the Dollar. At the time of writing, the U.S Dollar Spot Index was up by 0.01% to 92.641. For the Loonie It’s a quiet day on the economic calendar. Housing sector figures for July are due out that will likely have a muted impact on the Loonie. Market risk sentiment and impact on crude oil prices will be key ahead of the numbers from the U.S. At the time of writing, the Loonie was down by 0.13% to C$1.2590 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: USD/JPY Forex Technical Analysis – Weakens Under 109.076, Strengthens Over 109.569 Fitch Warns El Salvador It’s Risky To Adopt Bitcoin As Legal Tender Dogecoin – Daily Tech Analysis – August 17th, 2021 S&P 500, Dow hit record highs as defensive shares shine Target Corp to Benefit From Back-To-School Sales; Stocks Could Hit New Highs GBP/USD Daily Forecast – British Pound Is Under Pressure', 'GENEVA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Liti Capital , the Swiss-based litigation financing company that makes private equity investing accessible to everyone through blockchain technology, listed its wLITI token for the first time on HitBTC, a centralized exchange (CEX). wLITI’s first CEX listing follows its recent listings on decentralized exchanges Uniswap and 1inch Exchange. Having launched earlier this year, Liti Capital is already making waves in traditional investing by bringing litigation financing — an investment practice traditionally monopolized by hedge fund heavyweights and elite investors — to the masses. “We are very excited to list on HitBTC,” said Jonas Rey , CEO of Liti Capital, adding, “This represents a major milestone toward our goal of leveling the playing field for litigation finance. Legal claims are an extremely appealing asset class because they can be so lucrative, and we provide a means for anyone to get in on this exciting investment opportunity.” Founded in 2013, HitBTC is one of the oldest and largest spot-trading cryptocurrency exchanges in the world. It is well-known for its state-of-the-art matching engine, high-security measures and low trading fees. With a trading robot-friendly API and 24-hour customer service, HitBTC is a popular exchange with over 800 trading pairs and more than 400 spot instruments. According to the HitBTC team, as a project that embodies a new paradigm for traditional investing, Liti Capital represents great potential. The exchange is proud to support an initiative that makes litigation financing, an attractive but prohibitive asset class, a viable investment strategy for every investor. Putting traditional investing on the blockchain Litigation financing is the practice of bringing in investors to cover the cost 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: 2021-08-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $880,918,162,562 - Hash Rate: 133007189.45161822 - Transaction Count: 257766.0 - Unique Addresses: 618951.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Andrii Atanov / iStock.com Millennials are leading the cryptocurrency revolution. And grandparents who want to win their hearts may find the way to do it is through their children’s digital wallets. See: Teens Today Are Aware of Investing Because of Social Media Find: What Is the Next Big Cryptocurrency To Explode in 2021? A recent Wells Fargo survey showed that 45% of teens think they know more about crypto than their parents do — with 50% of parents agreeing that their teens’ knowledge of Bitcoin, specifically, exceeded their own. Combine crypto-savvy teens with that generation’s migration toward digital banks and the time is ripe for grandparents to shift their gift-giving strategy to promote investing, rather than spending. In a study from financial services company Step, teens eschewed traditional banks, seeking options that were “built for teens” and “fee-free.” For many, that means digital savings accounts as well as investment apps. Related: Teen Budgeting App Gets $100 Million Investment from Will Smith, Jared Leto Here are a few good reasons why you should send crypto for your grandkid’s next birthday — or even an upcoming graduation celebration, back-to-school gift or other occasion that could warrant a check. You’ll Emphasize the Importance of Investing Even if you were late to the investment game, you’ll show your grandchild you support their efforts if you give them a gift that could increase in value over time. Whether the recipient already owns stock shares/crypto or is just cryptocurious, your gift can offer a jump-start or leg up. More: Comparing Investments: Real Estate vs. Crypto vs. Gold Your Teen Will Get More Value From Your Money Cash is losing value quickly with inflation rates at a 13-year high. You wouldn’t want your gift to lose value before the recipient even has a chance to cash the check. If your teen is smart and savvy about their investment, they are almost certain to see reputable cryptos such as Ethereum and Bitcoin continue to rise in value. When you’re tracking investments, it’s important to look at long-term trends instead of peaks and dips based on short-term market conditions. Since October 2013, Bitcoin has increased in value from $196.02 for one coin up to $34,213 per coin today. Compare: Ethereum vs. Bitcoin: Which Crypto Is Better? Crypto Is Convenient Many teens don’t have bank accounts, which leaves it on their parents to cash the check and give them the funds. Empower teens with the added convenience of crypto delivered directly into their digital wallet. Your Teen Can Convert the Crypto to Cash if Desired or Use It To Make a Purchase Today, more companies than you might think accept Bitcoin as payment, including Etsy, Starbucks, and online electronics company Newegg. Many smaller companies and performing artists also accept crypto. You can also deposit Bitcoin into the payment platform PayPal and use it to make purchases that way. Story continues Find Out: 10 Major Companies That Accept Bitcoin Of course, your grandkid can always trade the crypto for cash to make a purchase anywhere — or shift their investment to their favorite stock. How To Give Crypto as a Gift Once you’ve recognized the benefits and incredible convenience of gifting crypto, you may wonder how to do it. Most crypto trading platforms make it easy to give as a gift. You may want to find out what platform the recipient uses if they already trade crypto or have a digital wallet. Coinbase is one of the most popular, but there are several others that are equally reliable and trustworthy. Once you’ve set up an account, simply transfer the crypto via the app to the gift recipient. You will need their email address or their public Bitcoin address to make the transfer. See: If You Invested $1,000 in These Cryptocurrencies a Year Ago, Here’s How Much You’d Have Now Find: Is Crypto Mainstream Now? Over 4/10 Investors Report Putting Money Into Cryptocurrency If you like the idea of having a paper gift to present, you can obtain a “paper wallet” and print it. That wallet will contain a key or QR code for your grandchild to access their present and transfer it to their own account. More From GOBankingRates: From New York to California: A Spotlight on Beloved Small Businesses Across All 50 States Read About the Best Small Businesses in Your State Small Businesses That Celebrities Love Big Personal Goals That You Should Put Your Money Toward Last updated: June 29, 2021 This article originally appeared on GOBankingRates.com : Skip the Check — Send Crypto for Your Grandkid’s Next Birthday View comments... - Reddit Posts (Sample): [['u/DDiggins8', 'What is the end goal?', 11, '2021-08-17 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/p5qidp/what_is_the_end_goal/', 'Bitcoin, ETH, LINK, etc are all great and have visions of becoming the next currency of the world. With so many of these coins around what is the end goal of a cryptocurrency? I can’t seem to visualize a world where you have to pay for things online with 50 different coins and 50 different values. I may be missing the point and if so, please let me know, but it’s hard to see where this all ends. Would someone care to guide me?', 'https://www.reddit.com/r/CryptoCurrency/comments/p5qidp/what_is_the_end_goal/', 'p5qidp', [['u/step11234', 21, '2021-08-17 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/p5qidp/what_is_the_end_goal/h97r85o/', 'Most of these are not intended to be currencies but assets or means to power the blockchain.', 'p5qidp']]], ['u/Markmanus', 'CRO as Worst and Best', 21, '2021-08-17 00:27', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/', 'During these bull periods is a bit disappointing that CRO is always the worst performing crypto from the top 100 and dropping from 30 to 40 shows this too.\n\nHowever the opposite is true during bear runs, as CRO is one of the least affected.\n\nWhat do you think, the fact that CRO is less affected by bitcoin is a good thing?\n\nI cannot help but i keep comparing BNB to CRO. Reading historical conversations, everyone was complaining about BNB as that was one of the worst performing currency for many months, until it skyrocketed and did a 20x in a short period.\n\nDoes CRO have the potential to do something similar?\nPumping large amount of money in to PR will be enough to gain more space in cryptoworld?', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/', 'p5qpq9', [['u/ClassicLower', 15, '2021-08-17 01:11', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h97ymes/', "I just took a look at the CRO/BTC price history on coinmarketcap and since around the end of February it has more or less kept up with BTCs price fluctuations.\n\nOf course if you are comparing it to some of the big gainers it won't look that great but honestly I think the stability gives me peace of mind by not having to worry about it crashing overnight. Similarly to BTC it doesn't sell off as much but also doesn't pump as much but I'm ok with that.\n\nYou could always invest in some other alt coins if you want to see those larger gains but of course it comes with the added risk :)\n\nDisclaimer: I only hold BTC and ETH + CRO stake for Jade card", 'p5qpq9'], ['u/Markmanus', 10, '2021-08-17 01:16', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h97z8nn/', "I did invest in Chromia which went from 0.05 to 0.5 suddenly(no its somewhere 0.30) and stupidly invested in wtc where im 40% down, so yeah... I sold all my btc and eth few months ago halfway up to ath which is okayish. (bought eth at 300 and sold at 1800)\n\nNow 70% of my holdings are CRO, rest is different altcoins.\n\nTo be honest i don't understand how cro not in top 10, as they have 2000 people behind them with a working product and investments.", 'p5qpq9'], ['u/imcunningh4m', 20, '2021-08-17 01:17', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h97zehm/', "You have to remember that CRO is not on other exchanges and that it's a utility token. When CDC gets the app support and all that good stuff running, the coin will have more use and will probably go up tremendously. Right now it's literally only useful to CDC users\n\nBNB is the gateway drug to shitcoins", 'p5qpq9'], ['u/bsm21222', 12, '2021-08-17 03:20', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h98fgmh/', 'I think CRO will continue to drop in ranking during this bull run and climb during the bear market. CRO will be the only crypto I plan to hold during the bear market because if I sell it I will lose the card I love. The only way I see the price doing well is if CRO mainnet get big adoption. I do think the price will rise further but no as much as other cryptos. The burning of 70% of the tokens was the most bullish news we could of hoped for and the price is still lower than what is was this time last year.\n\nAs for BNB they had two large factors for gigantic price increase. One was the massive gas fees on eth made many projects go onto the BSC making it the number two blockchain. Two was the Coinbase pre-IPO valuation of over $100B.', 'p5qpq9']]], ['u/RodolfoPozo', "When you think about bitcoin, what's the first thing that comes to your mind?", 21, '2021-08-17 00:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/', 'I go first: A way better monetary policy!', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/', 'p5r6uq', [['u/cebcebcebcebe', 15, '2021-08-17 00:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/h97wf59/', 'Why I did not bought more at 29.5 K $', 'p5r6uq'], ['u/rmortz', 11, '2021-08-17 02:34', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/h989dpt/', 'Freedom', 'p5r6uq']]], ['u/sikeig', 'Ethereum vs. Cardano — I asked the reasons why they are invested — Here are the answers', 21, '2021-08-17 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/', "I asked in both reddits the same exact simple question: “*What are the reasons you are invested in Ethereum/Cardano*”\nThese are the top five most upvoted answers.\n\n**Ethereum**\n\n**1.)** “*I think smart contracts might solve problems in a few years better than any system currently*”\n\n**2.)** “*Smart contracts, NFTs, and hedging against a potential market crash.\nBut mostly curiosity and the fact that it feels like web 1.0 all over again (wen flash games?)*”\n\n**3.)** “*A full bitcoin cost too much*”\n\n**4.)** “*I’m a banker. Saw the power of smart contracts and defi. The time and overhead to pass a trustable doc from left hand to right hand is ridiculous. All the intermediaries in between will eventually be wiped out.*”\n\n**5.)** “*Stupid question with only one answer. For the money. Every answer will be some variation of that simple answer. Investing is, quite literally, about trying to make money off of your money.*”\n\n**Cardano**\n\n**1.)** “*Fucking tired of being poor, time for a change*”\n\n**2.)** “*There peer review and rigor on the development side, it will prove to a be long term sustainable product.*”\n\n**3.)** “*My mom's need's surgery, hope i can get a profit to help the costs. Just working a normal job wont net enough for the time needed to do the surgery.*”\n\n**4.)** “*Academic rigor. Imo this will be key to really transformational projects in the future.*”\n\n**5.)** “*Trying to climb out of poverty*”", 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/', 'p5rgkc', [['u/JustDownInTheMines', 11, '2021-08-17 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/h97y7zm/', 'Competition between these two is positive for both projects. They can coexist and both do great things.', 'p5rgkc'], ['u/RetahdedMonke', 11, '2021-08-17 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/h97yrtz/', 'Two of the ADA answers were about peer review and academic rigor.', 'p5rgkc']]], ['u/ftrader', 'Announcing Bitcoin Cash Node v23.1.0', 115, '2021-08-17 01:33', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/', '__Release announcement: Bitcoin Cash Node v23.1.0__\n\nThe Bitcoin Cash Node (BCHN) project is pleased to announce its minor release version 23.1.0.\n\nThis release implements some interface enhancements and includes a number of corrections and performance improvements. Interface changes are fully backward compatible and require no adaptation of other systems.\n\nUsers who are running any of our previous releases are recommended to upgrade to v23.1.0.\n\nFor the full release notes, please visit:\n\nhttps://github.com/bitcoin-cash-node/bitcoin-cash-node/releases/tag/v23.1.0\n\nExecutables and source code for supported platforms are available at the above link, or via the download page on our project website at\n\nhttps://bitcoincashnode.org\n\nWe hope you enjoy our latest release and invite you to join us to improve Bitcoin Cash.\n\nSincerely,\n\nThe Bitcoin Cash Node team.', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/', 'p5rx3u', [['u/ftrader', 36, '2021-08-17 01:35', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/h981te6/', "My thanks to all who contributed to this release!\n\nFor details on what's in it, please take a good look at the [Release Notes](https://github.com/bitcoin-cash-node/bitcoin-cash-node/releases/tag/v23.1.0).\n\n---\n\nNote: Ubuntu packages are available for Xenial, Bionic, Focal and Hirsute releases.\n\nIt may take a little while more until Docker / AUR / Fedora repositories are updated.\n\nIf you run into any issues, please notify us in some way, e.g. on the [Issue tracker](https://gitlab.com/bitcoin-cash-node/bitcoin-cash-node/-/issues) or via chat on Slack or Telegram.", 'p5rx3u'], ['u/FerriestaPatronum', 24, '2021-08-17 03:23', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/h98ft38/', 'Congratulations, gents!', 'p5rx3u'], ['u/atroxes', 22, '2021-08-17 05:23', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/h98us02/', 'Solid work, many great improvements, thank you!', 'p5rx3u'], ['u/MemoryDealers', 43, '2021-08-17 05:28', 'https://w... 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:** ["Puerto Rican technology company Bots Inc (OTCMKTS: BTZI) is making Dogecoin (CRYPTO: DOGE) a payment option for buying pre-owned Teslas. What Happened: According to the company's press release , it has enabled local car dealerships to start accepting DOGE and other cryptocurrencies as payment. Bots said it moved to offer Dogecoin merchant services after seeing demand from car dealers and manufacturers. Why It Matters: After the crypto boom in 2020, dealerships reportedly recognized that the rising popularity of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin was an opportunity to reach new customers. What’s more, the price of used cars has rapidly increased over the same period, driven by the global shortage in microchips forcing cutbacks in production. For instance, automotive research site iSeeCars.com found that an average new Model 3 sells for $44,409, while a lightly used version is listed for $45,677. “Buyers are willing to pay extra for a used Tesla Model 3 because the Model 3 is still relatively uncommon in the used car marketplace. And despite the high resale value of its used versions, it is the most affordable Tesla available,” said iSeeCars Executive Analyst Karl Brauer to the Observer. What Else: Last month, Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk hinted that the company could soon resume accepting Bitcoin as payment for its electric vehicles. “I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number. If so, Tesla will resume accepting Bitcoin,” he said. For now, however, used cars dealers that opt to provide their customers with the option of using crypto to make purchases can do so with Bots’ merchant services. Price Action: At press time, Dogecoin was trading at $0.2984, down 6.39% over the past 24-hours. Read next: If Bitcoin Bulls Are Right, Environmental Damage Would Be Disastrous: Report Story continues See more from Benzinga Click here for options trades from Benzinga Chainalysis Report: 37 Billion Dogecoin Is Owned By Only 31 Investors Ethereum Trading Volume On Coinbase Outpaces Bitcoin For The First Time In Q2 © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Puerto Rican technology companyBots Inc(OTCMKTS: BTZI) is makingDogecoin(CRYPTO: DOGE) a payment option for buying pre-owned Teslas.\nWhat Happened:According to the company'spress release, it has enabled local car dealerships to start accepting DOGE and other cryptocurrencies as payment.\nBots said it moved to offer Dogecoin merchant services after seeing demand from car dealers and manufacturers.\nWhy It Matters:After the crypto boom in 2020, dealerships reportedly recognized that the rising popularity of cryptocurrencies likeBitcoin(CRYPTO: BTC) and Dogecoin was an opportunity to reach new customers.\nWhat’s more, the price of used cars has rapidly increased over the same period, driven by the global shortage in microchips forcing cutbacks in production.\nFor instance, automotive research site iSeeCars.com found that an average new Model 3 sells for $44,409, while a lightly used version is listed for $45,677.\n“Buyers are willing to pay extra for a used Tesla Model 3 because the Model 3 is still relatively uncommon in the used car marketplace. And despite the high resale value of its used versions, it is the most affordable Tesla available,” said iSeeCars Executive Analyst Karl Brauer to the Observer.\nWhat Else:Last month,Tesla Inc(NASDAQ:TSLA) CEOElon Musk hintedthat the company could soon resume accepting Bitcoin as payment for its electric vehicles.\n“I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number. If so, Tesla will resume accepting Bitcoin,” he said.\nFor now, however, used cars dealers that opt to provide their customers with the option of using crypto to make purchases can do so with Bots’ merchant services.\nPrice Action:At press time, Dogecoin was trading at $0.2984, down 6.39% over the past 24-hours.\nRead next:If Bitcoin Bulls Are Right, Environmental Damage Would Be Disastrous: Report\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Chainalysis Report: 37 Billion Dogecoin Is Owned By Only 31 Investors\n• Ethereum Trading Volume On Coinbase Outpaces Bitcoin For The First Time In Q2\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin , BTC to USD, fell by 2.70% on Tuesday. Following a 2.31% loss on Monday, Bitcoin ended the day at $44,695.0. After a choppy start to the day, Bitcoin rose to a late morning intraday high $47,167.0 before hitting reverse. Falling short of the first major resistance level at $47,441, Bitcoin slid to a late intraday low $44,441.0. Bitcoin fell through the first major support level at $45,061 to end the day at sub-$45,000 levels. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-7.20%), Chainlink (-6.45%), and Ripple’s XRP (-7.41%) led the way down. Binance Coin (-3.40%), Bitcoin Cash SV (-5.28%), Crypto.com Coin (-2.10%), Ethereum (-4.31%), and Litecoin (-5.28%) also struggled. Polkadot fell by a more modest 1.03% on the day, however. Early in the week, the crypto total market rose to a Monday high $2,061bn before falling to a Tuesday low $1,851bn. At the time of writing, the total market cap stood at $1,885bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Tuesday high 45.06%. At the time of writing, Bitcoin’s dominance stood at 44.65%. This Morning At the time of writing, Bitcoin was up by 0.28% to $44,822.0. A mixed start to the day saw Bitcoin rise to an early morning high $45,018.0 before falling to a low $44,625.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, sliding by 3.66%. It was a bullish start for the rest of the majors, however. At the time of writing, Polkadot was up by 3.36% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $45,434 pivot to bring the first major resistance level at $46,428 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $46,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $47,167 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $49,000 levels before any pullback. The second major resistance level sits at $48,160. Failure to move through the $45,434 pivot would bring the first major support level at $43,702 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $42,708. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Slip Forming Bear Flag Pattern Today’s Market Wrap Up and a Glimpse Into Wednesday U.S. Dollar Index (DX) Futures Technical Analysis – Trader Reaction to Pivot at 92.840 Could Set the Late Tone Natural Gas Price Fundamental Daily Forecast – Trend Changed to Down with $3.691 to $3.568 Next Support Target Gold Price Prediction – Prices Fall on Dollar Gains EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 18th, 2021', 'Bitcoin , BTC to USD, fell by 2.70% on Tuesday. Following a 2.31% loss on Monday, Bitcoin ended the day at $44,695.0. After a choppy start to the day, Bitcoin rose to a late morning intraday high $47,167.0 before hitting reverse. Falling short of the first major resistance level at $47,441, Bitcoin slid to a late intraday low $44,441.0. Bitcoin fell through the first major support level at $45,061 to end the day at sub-$45,000 levels. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-7.20%), Chainlink (-6.45%), and Ripple’s XRP (-7.41%) led the way down. Binance Coin (-3.40%), Bitcoin Cash SV (-5.28%), Crypto.com Coin (-2.10%), Ethereum (-4.31%), and Litecoin (-5.28%) also struggled. Polkadot fell by a more modest 1.03% on the day, however. Early in the week, the crypto total market rose to a Monday high $2,061bn before falling to a Tuesday low $1,851bn. At the time of writing, the total market cap stood at $1,885bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Tuesday high 45.06%. At the time of writing, Bitcoin’s dominance stood at 44.65%. This Morning At the time of writing, Bitcoin was up by 0.28% to $44,822.0. A mixed start to the day saw Bitcoin rise to an early morning high $45,018.0 before falling to a low $44,625.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, sliding by 3.66%. It was a bullish start for the rest of the majors, however. At the time of writing, Polkadot was up by 3.36% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $45,434 pivot to bring the first major resistance level at $46,428 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $46,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $47,167 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resista **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: 2021-08-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $850,035,784,909 - Hash Rate: 104395177.76725852 - Transaction Count: 247333.0 - Unique Addresses: 604474.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Etheris the most popular cryptocurrency in Singapore, a survey published Monday found. • Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who ownbitcoin, according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap.Cardanocame third at 40%. • The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic. • Of those who haven’t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision. • Still, 34% of respondents who don’t own crypto said they plan to enter the market within the next 12 months • The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens. • Around 80% of crypto owners in Singapore are men and under 34, the survey found. • Women who own crypto have a higher median income than their male counterparts. • While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto. • Singapore is emerging as Asia’s crypto hub, in part due tofavorable regulation. • Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally • Cryptocurrency Market Tops $2T for First Time Since May • Ether Upside Strengthens Relative to Bitcoin • Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal... - Reddit Posts (Sample): [['u/SosseKun', 'Can the lightning network have monero like privacy', 10, '2021-08-18 00:16', 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/', "When I don't understand something please correct me I'm quite new to everything. \n\nSo when taproot I'd there for btc, and I send btc to a lightning channel. Wich sends it basically to a multi sig wallet and the lightning network are IOUs. Right?. And I send this IOU, to someone through the lightning network, does the recipient know where it came from? \n\nCan the sender know who the recipient is? When it's not a cooperation or something, like sending xmr to you and Me? \n\nAnd since I'm sending it no a multi sig wallet, to the lightning network, how do I get it out again or can someone else do this?", 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/', 'p6dwuv', [['u/w1ck3dAF', 11, '2021-08-18 00:27', 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/h9cd71q/', 'Never.', 'p6dwuv'], ['u/bawdyanarchist', 16, '2021-08-18 01:06', 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/h9ci142/', "LN will never be a good privacy solution. It's sort of inherent to the design, and there are a few research papers on this. LN relies on routing payments for other people. Routing is hard, and was one of the primary hurdles in developing a fast/reliable internet. Even today, the internet relies on at least one major trust layer. \n\nIn order to effectively route a payment, you need to know the network topology (who has what funds, where, on which nodes, and who is connected to whom). So the the tools for discovering all of those details are built into the network. And therein lies the problem: &amp;nbsp; those are exactly the same tools you need for de-anonymizing network activity. So this problem is inherent to the network, an unlikely to ever be resolved.\n\nThere's not even a guarantee that they'll actually solve the mesh networking and flood/congestion attack problems either. They make claims, but I want to see it proven. If I see it proven, then okay, I'll be open again.", 'p6dwuv']]], ['u/itsnotwhoyouthink5', 'If you’re DCAing, stop looking at the charts every hour', 45, '2021-08-18 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/', 'You’re in it for the long term. What difference does it make if Bitcoin dips another 5% or goes up 20% in the next hour. Surely if you are in it for the long term, neither of these would change your plans or actions at all. \n\nPlease, stop for the sake of your sanity and well-being.', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/', 'p6dyvq', [['u/OnlyEthan10l', 37, '2021-08-18 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/h9cc7wc/', 'I agree 100% with this post, now back to the charts...', 'p6dyvq'], ['u/aldamith', 18, '2021-08-18 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/h9ccfcp/', 'So every 30min then yes?', 'p6dyvq']]], ['u/Zectro', 'FAQ: "Hi, I\'m a BSVer, how big of a block does BSV have to mine before BSV-skeptics whole-heartedly embrace BSV"', 23, '2021-08-18 00:36', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/', 'Answer: There is no block so large that, by virtue of mining it, skeptics will embrace BSV. Namely because, no matter how large of blocks you mine, if your chain isn\'t decentralised it will always be outdone as a payment system or cloud storage medium by a centralised system. If Bitcoin is to have any advantage at all over centralised systems it has to be by virtue of its decentralisation. \n\nAnd you\'re not exactly assuaging the concerns of any skeptic about BSV\'s centralisation when all mining on BSV grinds to a halt for an hour or so so that miners can help Calvin\'s propaganda company Coingeek write its latest PR article no one reads about a new "World Record Block" (compare the timestamp on [this block](https://blockchair.com/bitcoin-sv/block/699097) to [the previous block](https://blockchair.com/bitcoin-sv/block/699096) nothing about this says organic). The ability to orchestrate that kind of blatantly choreographed "bread and ciruses" display is exactly the kind of centralisation naysayers are concerned about.', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/', 'p6eacw', [['u/Zectro', 11, '2021-08-18 00:59', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/h9ch7qg/', "Linking Satoshi's bit about how eventually mining will end up in data centers. That this does not imply a single miner who de facto controls everything that happens on the chain is lost on them.", 'p6eacw'], ['u/jvasiliev', 12, '2021-08-18 01:07', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/h9ci3uv/', "&gt; Linking Satoshi's bit about how eventually mining will end up in data centers\n\nBitcoin has already ended up in data centers. BTC mining is mostly run in data centers. But that doesn't mean they are centralized. Centralized is when one trusted 3rd party like @bitcoinassn can invalidateblock everyone else through Twitter.\n\nData centers and Satoshi's comment about data centers has nothing to do with the type of centralization going on in BSV.", 'p6eacw']]], ['u/EmpireStrikes1st', "If you're a time traveler, cryptocurrency is the way to go.", 48, '2021-08-18 00:49', 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/', "The decentralized and anonymous (kind of) nature of bitcoin and other crypto means you can add and take away from an account at any time. You don't have to memorize a number of lotto numbers or sports games, or even stock tickers, you can simply know which will be big in any particular year or even decade. \n\nAs a time traveler, you have the capacity to buy low and HODL indefinitely. And it would be unlikely any temporal investigators would find you due to the decentralized nature of crypto, compared to owning a stock market account, which is always under the custodianship of a private enterprise.\n\nThe downside, of course, is that you can't go back in time further than when the crypto was created. But if you're going back that far, you can always acquire gold, diamonds, or other precious non-fungible commodities, bury them or keep them in a safety deposit box, and convert them when you need them.", 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/', 'p6eisv', [['u/ToBePacific', 15, '2021-08-18 01:04', 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/h9cht53/', "But when that distributed ledger is from the future... you're gonna have a bad time. You'd basically need to first go back in time to establish the wallet and then travel to whatever your target date is.", 'p6eisv'], ['u/nicehulk', 12, '2021-08-18 13:40', 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/h9ecw9z/', 'I just wanna add that cryptocurrency is an environmental cluster fuck. Bitcoin alone draws as much power as the Netherlands. Obviously money "doesn\'t exist" in Star Trek, at least not in the way we think of it, but either way using loads of energy to create digital currency is not the Star Trek way.\n\nhttps://www.bbc.com/news/science-environment-56215787', 'p6eisv']]], ['u/tetherbot', "Wanted: a dead man's switch to transfer from cold storage to an exchange", 76, '2021-08-18 01:31', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/', 'Upon my death or incapacity I would prefer my Bitcoin to be transferred from my cold wallet to an exchange. From there, my heirs would be able to gain custody through the traditional legal system. \n\nIs there a way to create a time-locked transaction sending my cold storage to a pre-determined exchange address that I periodically (say, once every 12 months) cancel/update to indicate that I am actually alive and that my Bitcoin should not be transferred to the exchange?', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/', 'p6fahh', [['u/llewsor', 46, '2021-08-18 01:35', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/h9cli33/', 'you should get in touch with https://keys.casa/\n\nthey specialize in bitcoin custody solutions like this', 'p6fahh'], ['u/IndependentWarm9648', 13, '2021-08-18 02:22', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/h9cr42u/', '2050 OP is dead \n\nExecutor or will: “OPs seeds are stored in a bank” \n\nRecipient of OPs seeds: “Da Fuq is a bank?”', 'p6fahh'], ['u/Raystonn', 39, '2021-08-18 03:02', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/h9cvqbt/', '* Create an empty wallet for your next of kin.\n* Create a signed nLockTime transaction that delivers all your bitcoins to that wallet in about 15 months.\n* Make the transaction available on a flash drive with instructions on how to broadcast it, and store the drive with your will.\n* Every year, send your bitcoins to a new address in your own wallet, create a new nLockTime transaction, and update the flash drive.\n* If you pass away, or simply do not move your coins again, your next of kin gets your coins when they broadcast the transaction about 15 months after your last update.\n* You could also use an exchange address for an account i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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:** ["What Happened: Blockchain-based trading and battle game Axie Infinity (CRYPTO: AXS) has grown exponentially in a year. Over the past month alone, Axie Infinity’s protocol revenue exceeded $330 million, doubling Ethereum’s (CRYPTO: ETH) revenue which stood at $152 million, according to data from Token Terminal. The game works on a play-to-earn model, where players breed Pokemon-inspired tokenized creatures called Axies. Each Axie is an NFT and has a different set of attributes and strengths. The Axie Infinity ecosystem also has its own governance token, AXS, which has skyrocketed by more than 13,000% since the beginning of the year. Although the platform has been around since 2018, its native token did not see much price action until the introduction of its sidechain Ronin. After the protocol introduced the Ronin sidechain, players could easily breed their Axies without being subject to the high fees they experienced on the Ethereum blockchain. For the moment, Ronin has zero transaction fees. Once more and more players made the switch, adoption increased seven-fold. The platform now has over one million daily active users, responsible for the explosive revenue growth. What’s more, 95% of this revenue goes back to the players of the game. In order to be part of the Axie economy, players need to own a minimum of three Axies. At current prices, this means a $600 investment, but users can also opt to borrow Axies from managers and pay them a portion of their earnings. “The goal was always to make a living playing the game and to own your own characters,” an Axie community member told The Defiant . “It took a long time for people to understand.” The player makes a steady income from just playing the game alone and has been able to increase this figure considerably after the game’s utility token Smooth Love Potion (CRYPTO: SLP) surged in value. “It has the highest co-efficiency of virality of anything that’s been invented on the internet before,” a player called OhhShiny said. “I believe it has the potential to transform global labor markets.” Price Action: At press time, AXS was trading at $69, losing 1.8% over the past 24-hours. SLP was trading at a price of $0.15, down 2.29% over the same period. Photo: Courtesy of Axie game See more from Benzinga Click here for options trades from Benzinga Dogecoin Foundation Returns After 6-Year Hiatus; Ethereum's Vitalik Buterin, Musk Rep Jared Birchall Join Board Cardano (ADA) Investment Products Lead Weekly Crypto Inflows With .3M As Bitcoin, Ethereum Lose M © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "What Happened:Blockchain-based trading and battle gameAxie Infinity(CRYPTO: AXS) has grown exponentially in a year.\nOver the past month alone, Axie Infinity’s protocol revenue exceeded $330 million, doublingEthereum’s(CRYPTO: ETH) revenue which stood at $152 million, according to data from Token Terminal.\nThe game works on a play-to-earn model, where players breed Pokemon-inspired tokenized creatures called Axies. Each Axie is an NFT and has a different set of attributes and strengths.\nThe Axie Infinity ecosystem also has its own governance token, AXS, which has skyrocketed by more than 13,000% since the beginning of the year.\nAlthough the platform has been around since 2018, its native token did not see much price action until the introduction of its sidechain Ronin.\nAfter the protocol introduced the Ronin sidechain, players could easily breed their Axies without being subject to the high fees they experienced on the Ethereum blockchain.\nFor the moment, Ronin has zero transaction fees.\nOnce more and more players made the switch, adoption increased seven-fold.\nThe platform now has over one million daily active users, responsible for the explosive revenue growth.\nWhat’s more, 95% of this revenue goes back to the players of the game. In order to be part of the Axie economy, players need to own a minimum of three Axies.\nAt current prices, this means a $600 investment, but users can also opt to borrow Axies from managers and pay them a portion of their earnings.\n“The goal was always to make a living playing the game and to own your own characters,” an Axie community member toldThe Defiant.\n“It took a long time for people to understand.”\nThe player makes a steady income from just playing the game alone and has been able to increase this figure considerably after the game’s utility tokenSmooth Love Potion(CRYPTO: SLP) surged in value.\n“It has the highest co-efficiency of virality of anything that’s been invented on the internet before,” a player called OhhShiny said. “I believe it has the potential to transform global labor markets.”\nPrice Action:At press time, AXS was trading at $69, losing 1.8% over the past 24-hours.\nSLP was trading at a price of $0.15, down 2.29% over the same period.\nPhoto: Courtesy of Axie game\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Dogecoin Foundation Returns After 6-Year Hiatus; Ethereum's Vitalik Buterin, Musk Rep Jared Birchall Join Board\n• Cardano (ADA) Investment Products Lead Weekly Crypto Inflows With .3M As Bitcoin, Ethereum Lose M\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Fintech Header Quote To Start The Day: “For as long as we’ve been taking confidence metrics associated with how well the people trust institutions ... that confidence interval is the lowest in history.” Source: Tobias Heaslip One Big Thing In Fintech: Alinea, a smart investing app for a younger generation of investors, formally announced the closure of a $2.1 million raise led by Y Combinator, with participation from Goodwater Capital, Harvard Management Company, Kima Ventures, and Dragon Capital, among others. Source: Benzinga Other Key Fintech Developments: Galaxy filed for a direct BTC ETF. SME-focused neo-banking gains . Karrot becomes a $2.7B unicorn. PolyNetwork offered hacker a job. DeFi ecosystem Q2 2021 report . Crypto.com updates on transfers. CertiK secures a $24M Series B. FiscalNote has acquired Predata. BECU leveraging MX technology. Fiserv has partnered with Carat. Plaid announces Series D round. BitDAO raises $365M in auction. PayPal scraps late fees for BNPL. Pngme raises $15M for data tech. Hyperithm raises $11M Series B. World of Waves launches market. Coinbase building $4B cash pile. Dovly announces product launch. Binance taps Treasury investigator. Aspiration is planning to go public. Head of Facebook’s fintech talks . Bitpanda added $263M Series C. Zelle doubles down on marketing. How Coinbase Ventures grew up. Wells Fargo combining two units. Branch has added a $540M raise. Brex has acquired Weav for $50M. I2c partners with Visa on offering. Sightline reaches a $1B valuation. FreshBooks added $130M round. Mexican fintech expands into U.S. Allyson Felix to attend MX summit. MobileCoin added $66M to scale. Liti Capital is listing on exchanges. Marqeta commits to sustainability. Crypto regulation talks heating up. Watch Out For This: Trading.TV, an online, social livestream community for investors, formally announced the closure of a $6.1 million seed round led by L Catterton Growth, Activant, Navy Capital, and Tribe Capital. As part of the development, Benzinga spoke with Trading.TV CEO and founder Tobias Heaslip. Story continues Source: Benzinga Interesting Reads: Blumira secures $10.3M Series A. China blocking retirement money. Wall Street, big tech lost on health. FTC to get involved in Tesla probe. Market Moving Headline: Most Federal Reserve officials agreed last month they could start slowing the pace of bond purchases later this year, judging that enough progress had been made toward their inflation goal, while gains had been made toward their employment objective. Source: Bloomberg See more from Benzinga Click here for options trades from Benzinga Alinea Secures .1M For Platform That Allows You To Curate 'Playlists' Of Stocks Trading.TV To Launch The Fintech Love Child Of Twitch And Slack After .1M Raise © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Quote To Start The Day:“For as long as we’ve been taking confidence metrics associated with how well the people trust institutions ... that confidence interval is the lowest in history.”\nSource:Tobias Heaslip\nOne Big Thing In Fintech:Alinea, a smart investing app for a younger generation of investors, formally announced the closure of a $2.1 million raise led by Y Combinator, with participation from Goodwater Capital, Harvard Management Company, Kima Ventures, and Dragon Capital, among others.\nSource:Benzinga\nOther Key Fintech Developments:\n• Galaxyfiledfor a direct BTC ETF.\n• SME-focused neo-bankinggains.\n• Karrotbecomesa $2.7B unicorn.\n• PolyNetworkofferedhacker a job.\n• DeFi ecosystem Q2 2021report.\n• Crypto.comupdateson transfers.\n• CertiKsecuresa $24M Series B.\n• FiscalNote hasacquiredPredata.\n• BECUleveragingMX technology.\n• Fiserv haspartneredwith Carat.\n• PlaidannouncesSeries D round.\n• BitDAOraises$365M in auction.\n• PayPalscrapslate fees for BNPL.\n• Pngmeraises$15M for data tech.\n• Hyperithmraises$11M Series B.\n• World of Waveslaunchesmarket.\n• Coinbasebuilding$4B cash pile.\n• Dovlyannouncesproduct launch.\n• BinancetapsTreasury investigator.\n• Aspiration isplanningto go public.\n• Head of Facebook’s fintechtalks.\n• Bitpandaadded$263M Series C.\n• Zelledoublesdown on marketing.\n• How Coinbase Venturesgrewup.\n• Wells Fargocombiningtwo units.\n• Branch hasaddeda $540M raise.\n• Brex hasacquiredWeav for $50M.\n• I2cpartnerswith Visa on offering.\n• Sightlinereachesa $1B valuation.\n• FreshBooksadded$130M round.\n• Mexican fintechexpandsinto U.S.\n• Allyson Felix toattendMX summit.\n• MobileCoinadded$66M to scale.\n• Liti Capital islistingon exchanges.\n• Marqetacommitsto sustainability.\n• Crypto regulation talksheatingup.\nWatch Out For This:Trading.TV, an online, social **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: 2021-08-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $831,890,525,700 - Hash Rate: 119087832.41598378 - Transaction Count: 253447.0 - Unique Addresses: 613135.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Today, privacy-focused Bitcoin wallet Wasabi reports it has made significant progress toward the release of its Wasabi Wallet 2.0. Founded almost three years ago, Wasabi Wallet pools multiple users’ unspent transactions (UTXOs) into a single Bitcoin transaction using CoinJoin. CoinJoin is a trustless process that makes it difficult for third-party observers, or even participants, to trace funds and it significantly lowers transaction fees. In order to protect the anonymity of its users, Wasabi traffic runs through the Tor network , an online network that focuses on censorship resistance and anonymity, by default. Wasabi Wallet 2.0 aims to improve the user interface of the wallet as well as introduce a more efficient coinjoin framework, which developers call WabiSabi. Related: Bitcoin Sell-Off Could Stabilize Around $30K Support “One of the biggest challenges was developing the software for more than just cypherpunks and people very well versed in Bitcoin,” said CTO David Molnar. “It was difficult to get the developers and contributors to see the bigger picture, that we can only win the privacy war if we expand our vision to include all future Bitcoin users and not just the privacy advocates and cypherpunks.” While the new UI will allow users to access “pleb-friendly,” frictionless and secure payments via Tor, WabiSabi boasts its own set of upgrades : Users will no longer need to run coins through multiple coinjoins in order to gain privacy. There will no longer be a minimum (0.1 BTC ) or maximum (7 BTC) denomination when using coinjoins; There will be improved block space efficiency, allowing more inputs into a single coinjoin transaction. This will lower fees for each user. Wasabi Wallet 2.0 has no defined launch date; however, the company has committed to and published three milestones: Wasabi Wallet 2.0 Preview will contain only the most fundamental features and will be used only on the Bitcoin testnet. This will be released in around 6-14 weeks. Wasabi Wallet 2.0 Release Candidate will include all features and will be available to the public for reviewing and testing. The team will work on this version until ”the quality of the software is sufficient.” Wasabi Wallet 2.0 Final Release (Series) will be the first version of the 2.0 series and the default when new users download the wallet. With that being said, both versions will be available until “most users” migrate to 2.0. Related Stories Economic Union of 15 West African States Voices Concerns Over Crypto Volatility SEC Delays Decision on SkyBridge Capital’s Proposed Bitcoin ETF to August BitMEX CEO Maps Out Future ‘Living by the Rules’... - Reddit Posts (Sample): [['u/caverypca', 'For every 5 tons of fecal matter you collect, you get 1 Bitcoin.', 2100, '2021-08-19 00:36', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/', 'Any stool. Needs to be 100% organic matter that was recently (past 30 days) placed there by a defecating organism.', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/', 'p71za1', [['u/Napkinto', 213, '2021-08-19 00:37', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9go9a6/', '*Dog owners:* “I’m rich!”', 'p71za1'], ['u/caverypca', 59, '2021-08-19 00:38', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9god8e/', 'Haha', 'p71za1'], ['u/Witzmaen', 719, '2021-08-19 00:44', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gp4yt/', '1. Start a portable toilet rental company\n\n2. Collect the feces (you have to do it anyway)\n\n3. DOUBLE profit', 'p71za1'], ['u/caverypca', 274, '2021-08-19 00:47', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gpk16/', 'K, but there’s piss in there. So, separate it first', 'p71za1'], ['u/Witzmaen', 191, '2021-08-19 00:48', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gpn4q/', 'That should be managable', 'p71za1'], ['u/Caspa_time', 65, '2021-08-19 01:32', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gv7vn/', 'I live in a horse racing town ima be rich', 'p71za1'], ['u/Destroykiller137', 68, '2021-08-19 01:39', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gw7b7/', 'How can you collect it? \n\nBut sewage pipeline worker / just clean septic tanks (because assuming the shit weighs as much as water, one 3500 gallon septic tank will give you $132003.85) *why did i do math for this*', 'p71za1'], ['u/NoobsAreNoobslol', 233, '2021-08-19 01:58', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gyigk/', 'Shitcoin mining', 'p71za1'], ['u/caverypca', 20, '2021-08-19 02:20', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h1aua/', 'Sure', 'p71za1'], ['u/[deleted]', 60, '2021-08-19 02:49', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h533p/', 'Piss is also 100% organic', 'p71za1'], ['u/sammyraid', 11, '2021-08-19 03:05', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h73a6/', 'Do I get to keep the fecal matter?', 'p71za1'], ['u/-Nycter-', 18, '2021-08-19 03:18', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h8rjn/', 'piss? you mean free water?', 'p71za1'], ['u/tomtomvissers', 18, '2021-08-19 03:43', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hbx8x/', "Then you still wouldn't own any cities?", 'p71za1'], ['u/leggggggggy', 10, '2021-08-19 03:46', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hcaz0/', 'A cow products 12 tons of poop a year. Each cow is worth 2.4 BTC per year in this scenario, assuming 100% collection can be achieved. Just need enough cows to beat the 30 day deadline.', 'p71za1'], ['u/nohacksjustretard', 39, '2021-08-19 03:47', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hce3c/', 'And if they were defecating at the same time, it fits criteria', 'p71za1'], ['u/HighStaeks', 56, '2021-08-19 04:02', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hecsa/', '\\*laughs in elephant owner\\*', 'p71za1'], ['u/Skull_torn', 13, '2021-08-19 04:38', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hiq0o/', 'Redirect all plumbing to the whitehouse lawn', 'p71za1'], ['u/The_controler', 18, '2021-08-19 04:42', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hj5ex/', 'Laughs in… whale owners?', 'p71za1'], ['u/avidpenguinwatcher', 29, '2021-08-19 04:43', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hjd6t/', "Hmm, you're adding rules after the fact. But fine, dump said concoction into a strainer", 'p71za1'], ['u/kajiekaa', 12, '2021-08-19 04:47', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hjtcc/', 'How do whales shit', 'p71za1'], ['u/StarMarinrTUR', 26, '2021-08-19 04:58', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hl3oc/', 'I have laughed out loud for the first time in this god forsaken website. Thank you for now I am free.', 'p71za1'], ['u/SuperSmashShadow', 30, '2021-08-19 05:34', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hp79e/', 'With their buttholes is my guess', 'p71za1'], ['u/kajiekaa', 14, '2021-08-19 05:53', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hr7km/', 'no fucking way', 'p71za1'], ['u/Mr_Cleen', 58, '2021-08-19 09:33', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9i9sc4/', 'I vomited', 'p71za1'], ['u/Treejeig', 66, '2021-08-19 09:38', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9ia5ym/', "Don't worry he can seperate that too, I heard he has a straw.", 'p71za1'], ['u/[deleted]', 19, '2021-08-19 12:48', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9ini7s/', 'I vomited', 'p71za1'], ['u/Rewiistdummlolxd', 10, '2021-08-19 14:23', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9iw8g1/', 'Eat shit got a whole New meaning', 'p71za1']]], ['u/nullama', 'What is the minimum amount of BCH that you can transfer to an empty wallet?', 10, '2021-08-19 01:21', 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/', "Just wondering because transferring small amounts of BTC is a bit tricky, specially to an empty wallet.\n\nI was trying to do a 500 sats transfer with lightning, and it wasn't as simple as you would expect. [Only one wallet worked out in the end](https://np.reddit.com/r/TheLightningNetwork/comments/p6o7v0/you_can_transfer_a_few_sats_to_an_empty_wallet/). \n\nI wonder how this works in the BCH world.", 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/', 'p72t1b', [['u/pjman7', 10, '2021-08-19 01:35', 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/h9gvpfg/', 'Anything larger than the current transaction fee', 'p72t1b'], ['u/FUBAR-BDHR', 13, '2021-08-19 01:58', 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/h9gyfuk/', 'There is no need for LN style layer on BCH. Unlike BTC BCH is scaling as Satoshi intended so there is enough room for transaction on chain and the fees stay cheap.', 'p72t1b']]], ['u/throwaway29801A', '38 Now and Lessons I wish I knew at 20,25,30', 82, '2021-08-19 01:27', 'https://www.reddit.com/r/Bitcoin/comments/p72x3z/38_now_and_lessons_i_wish_i_knew_at_202530/', 'Financially-the earlier you start, the better. This is for two reasons-you compound investment and you get in the habit. People don\'t start working out at 40, and they don\'t start becoming savers at 50. \n\nLife is short-we think we will all live long. Tons of us die before 50. This doesn\'t mean live only for today. It means go after your dreams. Minimize regret.\n\nTake controlled risk-this is probably my biggest mistake. I did great with real estate, but I took the "big one" too late. I\'m glad that I did, but if I had done it earlier I would be way better off. Not taking risk = risk. YOU WILL NOT BECOME WEALTHY BY PLAYING IT SAFE ALL THE TIME. YOU WILL ALSO BECOME POOR BY GAMBLING.\n\nThere won\'t be a meltdown. I like the idea of gold, but there won\'t be worldwide chaos. Instead, wealth gets transferred. Understand there is always money being made.\n\nTech and exponentially growing networks rule-I didn\'t understand exponential math when I was younger. Find an investment that has real upside. Investing in factories that make widgets doesn\'t work anymore.\n\nGo on your computer right now and download your expenses from last month. How much did you spend? How much of it was nonsense. Reduce it 50% -challenge yourself-and put this money in bitcoin or something you want long term.\n\nConsumption is overrated for the small items and underrated for the big items.\n\nIt\'s trite, but do NOT time the market. An investment is a 5 year term, minimum. Most people lose because they want big gains too fast.\n\nBe able to explain 3 reasons that are bearish against your investment and also be able to explain why you think they are wrong. Example:\n\n1. Bitcoin will be banned by governments. Surprise, I think this is actually true. I do believe China will outright ban btc within 5 years. However, Europe and the US cannot due to their structure (yellen and legarde would if they could).\n\n2. Alt-coins will take away market share from bitcoin. Surprise... 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:** ['WithBitcoin(CRYPTO: BTC) and other cryptocurrencies reaching mainstream recognition and seeing a great adoption jump over the last couple of years, many are considering including them in their retirement accounts — but experts advise to refrain from doing it.\nWhat Happened:According to a Tuesday CNBCreport, Onramp Invest CEO Tyrone Ross Jr. reminds those considering adding crypto to their retirement account that "crypto is a 24/7, 365 market, so you can’t just leave it to chance like every other asset."\nHe admits that he owns a “whole lot” of cryptocurrencies in his own portfolio, but he compares including them in a retirement portfolio to taking an exotic animal outside of its natural habitat and putting it in a zoo.\nAccording to Ross, if you understand crypto and what you can do with it "you would not put it in some of those accounts."\nWhy It Matters:One reason is that retirement accounts are managed, which means that the investor could not access their wallet and the only option would be to buy and hold.\nFurthermore, while he noted that there are efforts to solve this issue, he said that there are also other problems with adding crypto to retirement accounts.\nFinancial advisors need to prepare the clients who want to add crypto to their retirement accounts to take on the higher risks and update clients on those investments more frequently than once per quarter, as it is with other holdings such as stocks and bonds.\nRead also:Financial Middlemen Will Be Left Without Jobs Thanks To DeFi Says Shark Tank\'s Kevin O\'Leary\nRoss suggested that advisors "should be talking to clients every month about their crypto."\nInvestors who hold a self-directed individual retirement account (IRA) can add those investments without any help but need to carry out their own due diligence.\nAlso, traditional IRA custodians do not allow for crypto to be held in them, while self-directed IRAs can easily encompass Bitcoin or other cryptocurrencies.\nWhat Else:Certified Public Accountant and Founder of Ed Slott and Co. pointed out that "self-directed IRA custodians will put in anything you want that’s legal" but they are "not going to tell you what’s good or bad or advise.”\nRoss also noted the still-evolving crypto regulation, pointing out that IRAs are among the most regulated accounts and "if you’re working with a client and all of a sudden this goes vamoose, what do you say?”\nChief Market Strategist at TD Ameritrade JJ Kinahan said that the purpose of the account you’re using to invest must be taken into account when choosing in what to invest.\nHe highlighted that "when it comes to your retirement, you want to make sure that the money you sweat out to earn is at that same level or hopefully significantly higher when you retire."\nFor this reason, Kinahan recommends separate margin or trading accounts not dedicated to retirement as the place of choice for riskier investments such as cryptocurrencies.\nStill, Slott said that if you still want to invest in crypto through your IRA, then you are better off limiting your exposure to 5%.\nAt the same time, Ross suggested that if you are considering a 0.5% or 1% allocation, it is probably not worth the money.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Former SEC Chair Jay Clayton Joins Crypto Firm Fireblocks\' Advisory Board\n• British Banking Giant Lloyds Hires Crypto Expert\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'With Bitcoin (CRYPTO: BTC) and other cryptocurrencies reaching mainstream recognition and seeing a great adoption jump over the last couple of years, many are considering including them in their retirement accounts — but experts advise to refrain from doing it. What Happened: According to a Tuesday CNBC report , Onramp Invest CEO Tyrone Ross Jr. reminds those considering adding crypto to their retirement account that "crypto is a 24/7, 365 market, so you can’t just leave it to chance like every other asset." He admits that he owns a “whole lot” of cryptocurrencies in his own portfolio, but he compares including them in a retirement portfolio to taking an exotic animal outside of its natural habitat and putting it in a zoo. According to Ross, if you understand crypto and what you can do with it "you would not put it in some of those accounts." Why It Matters: One reason is that retirement accounts are managed, which means that the investor could not access their wallet and the only option would be to buy and hold. Furthermore, while he noted that there are efforts to solve this issue, he said that there are also other problems with adding crypto to retirement accounts. Financial advisors need to prepare the clients who want to add crypto to their retirement accounts to take on the higher risks and update clients on those investments more frequently than once per quarter, as it is with other holdings such as stocks and bonds. Read also: Financial Middlemen Will Be Left Without Jobs Thanks To DeFi Says Shark Tank\'s Kevin O\'Leary Ross suggested that advisors "should be talking to clients every month about their crypto." Investors who hold a self-directed individual retirement account (IRA) can add those investments without any help but need to carry out their own due diligence. Also, traditional IRA custodians do not allow for crypto to be held in them, while self-directed IRAs can easily encompass Bitcoin or other cryptocurrencies. Story continues What Else: Certified Public Accountant and Founder of Ed Slott and Co. pointed out that "self-directed IRA custodians will put in anything you want that’s legal" but they are "not going to tell you what’s good or bad or advise.” Ross also noted the still-evolving crypto regulation, pointing out that IRAs are among the most regulated accounts and "if you’re working with a client and all of a sudden this goes vamoose, what do you say?” Chief Market Strategist at TD Ameritrade JJ Kinahan said that the purpose of the account you’re using to invest must be taken into account when choosing in what to invest. He highlighted that "when it comes to your retirement, you want to make sure that the money you sweat out to earn is at that same level or hopefully significantly higher when you retire." For this reason, Kinahan recommends separate margin or trading accounts not dedicated to retirement as the place of choice for riskier investments such as cryptocurrencies. Still, Slott said that if you still want to invest in crypto through your IRA, then you are better off limiting your exposure to 5%. At the same time, Ross suggested that if you are considering a 0.5% or 1% allocation, it is probably not worth the money. See more from Benzinga Click here for options trades from Benzinga Former SEC Chair Jay Clayton Joins Crypto Firm Fireblocks\' Advisory Board British Banking Giant Lloyds Hires Crypto Expert © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin , BTC to USD, rose by 4.57% on Thursday. Following a 0.06% gain on Wednesday, Bitcoin ended the day at $46,765.0. A choppy start to the day saw Bitcoin fall to an early morning intraday low $43,992.0 before making a move. Finding support at the first major support level at $43,988, Bitcoin rallied to a late intraday high $47,061.0. Bitcoin broke through the first major resistance level at $45,732 and the second major resistance level at $46,743. A late pullback, however, saw briefly Bitcoin fall back through the second major resistance level before ending the day at sub-$46,760 levels. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Cardano’s ADA surged by 15.99% to lead the way, with Binance Coin and Ripple’s XRP rallying by 8.78% and by 7.71% respectively. Chainlink (+6.86%), Ethereum (+5.71%), Litecoin (+5.48%), and Polkadot (+6.34%) also found strong support. Bitcoin Cash SV (+1.94%) and Crypto.com Coin (+0.51%) trailed the front runners, however. In the current week, the crypto total market rose to a Monday high $2,061bn before falling to a Wednesday low $1,832bn. At the time of writing, the total market cap stood at $2,010bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.17%. This Morning At the time of writing, Bitcoin was up by 1.06% to $47,263.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,647.0 before rising to a early morning high $47,407.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA (-0.74%), Polkadot (-0.42%), and Ripple’s XRP (-0.45%) bucked the early trend. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Crypto.com Coin was up by 3.00% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $45,939 pivot to bring the first major resistance level at $47,887 into play. Support from the broader market would be needed for Bitcoin to break out from $47,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $48,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $50,000 levels before any pullback. The second major resistance level sits at $49,008. A fall through the $45,939 pivot would bring the first major support level at $44,818 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$44,000 levels. The second major support level sits at $42,870. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Looking to Find Bottom E-mini S&P 500 Ind **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: 2021-08-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,968,881,469 - Hash Rate: 123727618.0945286 - Transaction Count: 271837.0 - Unique Addresses: 676861.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Umar Farooq ISLAMABAD (Reuters) - Once a week Ghulam Ahmed, 38, takes time out from his cryptocurrency consulting business to log into a WhatsApp group with hundreds of members eager to learn how to mine and trade cryptocurrency in Pakistan. From housewives looking to earn a side income to wealthy investors wanting to buy cryptomining hardware, many barely understand traditional stock markets but all are eager to cash in. "When I open the session for questions, there's a flood of messages, and I spend hours answering them, teaching them basic things about cryptocurrency," said Ahmed, 38, who quit his job in 2014, believing it was more profitable to mine Bitcoin. Pakistan has seen a boom in trading and mining cryptocurrency, with interest proliferating in thousands of views of related videos on social media and transactions on online exchanges. While cryptocurrency is not illegal in Pakistan, the global money laundering watchdog, the Financial Action Task Force (FATF), has called on the government to better regulate the industry. Pakistan is on the FATF's grey list of countries it monitors for failing to check terror financing and money laundering. In response, the federal government has set up a committee to study cryptocurrency regulation, which includes observers from the FATF, federal ministers, and heads of the country's intelligence agencies. "Half the members had no clue what it was and didn't even want to understand it," said committee member Ali Farid Khwaja, a partner at Oxford Frontier Capital and chairman of KASB Securities, a stock brokerage in Karachi. "But the good thing is someone set up this committee. The relevant bodies in the government who need to get things done are supporting it, and the promising thing is nobody wants to stand in the way of technical innovation." And the head of the country's central bank, Reza Baqir, said in April the authority was looking into another digital asset, a central bank digital currency, and its potential for bringing transactions happening off the books into a regulatory framework. Story continues "We hope to be able to make some announcement on that in the coming months," he told CNN. Baqir declined to comment to Reuters on the topic. Even the education sector has caught on. In February, one of the country's leading universities, the Lahore University of Management Sciences, received a grant worth $4.1 million to study the technology from Stacks, a blockchain network that connects Bitcoin to apps and smart contracts. LEGALISATION AND INVESTMENT These moves can't come soon enough for cryptocurrency advocates. Institutions have at times treated those involved in the trade of cryptocurrency with suspicion, worried about possible associations with money laundering. Ahmed said he has been arrested by the Federal Investigation Agency (FIA) and charged with money laundering and electronic fraud twice, though the charges have not held up in court. On one occasion, he said, the FIA seized a cryptocurrency mining farm he had set up in Shangla, in Pakistan's northern Khyber-Pakhtunkhwa province, which ran on its own hydroelectric power. The FIA did not respond to Reuters' request for comment. Waqar Zaka, a former TV host with more than a million followers on Youtube, has been lobbying officials for years to not only legalise the industry, but have the government invest in it. Zaka, like Ahmed, had set up a cryptocurrency mining farm running on hydroelectric power. Earlier this year, Khyber-Pakhtunkhwa's provincial government tapped Zaka and Ahmed to be on a committee studying how it can profit from such ventures. In March, the group announced it was looking into setting up new mining farms using Zaka's facility as a template. The committee was dissolved in June, with the provincial government saying federal authorities should handle any new policies on cryptocurrencies. Despite the challenges, Pakistan's crypto boom shows no signs of stopping. Pakistan-based social media groups explaining how to trade and mine cryptocurrency abound, some with tens of thousands of followers on Facebook. On YouTube, cryptocurrency videos in Urdu have been viewed hundreds of thousands of times. Online cryptocurrency exchanges, most based outside Pakistan, like Localbitcoins.com, have hundreds of Pakistani traders listed, some with thousands of transactions. Apps like Binance and Binomo, which track and trade cryptocurrency, have more downloads than some of the country's largest banks' apps, according to web analytics company SimilarWeb. "You cannot stop crypto, so the sooner Pakistan regulates things and joins the rest of the world, the better," Ahmed said. (This story corrects to clarify State Bank head was referring to a central bank digital currency, not cryptocurrency, in paragraph 9 and to show provincial committee dissolved in paragraph 19) (Reporting by Umar Farooq; Editing by Karishma Singh)... - Reddit Posts (Sample): [['u/planetcrypto', 'Sneak Preview of Syscoin NEVM', 73, '2021-08-20 00:18', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/', '**TL;DR**\n\nSome of you here know about the sleeping giant that is Syscoin (currently celebrating its 7th birthday this week) 🥮\n\n[https://coinmarketcap.com/currencies/syscoin/](https://coinmarketcap.com/currencies/syscoin/)\n\nWell my friends, today is the day the Syscoin team unveiled the first screenshots of their NEVM! ("Network Enhanced Virtual Machine") As a matter of fact, the NEVM is currently live on a private testnet, &amp; the public testnet phase is anticipated approximately three weeks from now. Heard enough? Go 👀 the screenshots on the official blog post!\n\n[https://syscoin.org/news/syscoin-platform-news-update](https://syscoin.org/news/syscoin-platform-news-update)\n\n**I\'m Intrigued, Tell Me More**\n\nBy launching the NEVM, Syscoin will be unique in that it will not only have *Turning Complete smart contracts* (and have the ability to port over contracts from ETH), but it is also merge-mined with Bitcoin, so you get the decentralized smart contract &amp; DeFi capabilities of ETH, plus the hardened security of Bitcoin (did you know that Syscoin has the second highest hashrate of any coin ... period?) 💪 Also of note: the speeds are insane, scalability is through the roof\\* &amp; that fees (to mint NFTs, gas, etc) are microscopically tiny. \\*audited by Whiteblock', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/', 'p7p13i', [['u/NerZee', 12, '2021-08-20 02:35', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lq204/', "A truly decentralized, scalable, and secure blockchain. First one I've seen that doesn't make sacrifices. Most PoS projects like Solana need centralized validators with NASA supercomputer specs to do anything somewhat scalable.\n\nMeanwhile Syscoin can stay PoW while using Bitcoin's mining power at no extra cost while achieving 4 million TPS with zksnark rollups. All on a network with 2500+ masternodes that need a measly 2 cores and 8gb of ram. Light, very fast, and cheap transactions.\n\nCardano has a $75 billion market cap with essentially no product and a worse final vision even if they do realize their goals after years of promises. And then they'll have to compete with the future PoS king, Ethereum 2.0. Meanwhile Syscoin will be the PoW smart contract option with no contenders. Currently at $150 million cap. If you like potential gains or tech I don't see a better project.", 'p7p13i'], ['u/ellipsoid1', 11, '2021-08-20 02:47', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lrhky/', 'Well said /u/NerZee Syscoin really does have the best of both BTC and ETH with scalability and speed. I really enjoyed that 25% pop today in the price. That is just the beginning. All Aboard!', 'p7p13i'], ['u/UnwieldingDistractor', 12, '2021-08-20 02:54', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lsdpl/', "Rolling out more amazing features then all other cryptos and giving it to you with all the speed you would ever need. I don't know why everyone is wasting their time with Solana or Cardano! You all know you want that sweet sweet syscoin!", 'p7p13i'], ['u/MinzeLiamba', 10, '2021-08-20 02:55', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lsiim/', 'Im into altcoins since 2017 and cardano and solana have been some of my gems, the NEVM is really cool and i welcome all the upgrades we get on tech', 'p7p13i'], ['u/cryptostukov', 11, '2021-08-20 05:47', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9mda7n/', 'Last that I checked Solana had a very shady validators system that focused the decision to only few people. Syscoin seems to have a way more decentralized decision maker system. It uses Master nodes for voting on gouvernance funds. There are 2537 MNs on Syscoin network according to sysnode.info. \nCardo on the other hand is the never delivering project. Still wondering is they will ever bring smart contracts to light on their blockchain.', 'p7p13i']]], ['u/RoozGol', 'Golden Cross happened!', 16, '2021-08-20 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/p7p2ou/golden_cross_happened/', 'Dear Sirs/Madams\n\nI am delighted to inform you that the BTC-USD chart just exhibited a golden cross of 50 and 100 moving averages on one-day time frame. This is a major Bullish sign and will definitely kick off the largest alt-coin market movement in history.\n\nEDit: No fucking financial advisor. ', 'https://www.reddit.com/r/CryptoCurrency/comments/p7p2ou/golden_cross_happened/', 'p7p2ou', [['u/FusterDickens', 18, '2021-08-20 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/p7p2ou/golden_cross_happened/h9l9nvu/', 'Golden Cross? Like when two dudes pee in the same urinal?', 'p7p2ou']]], ['u/Fruitonomics', 'Coinbase Card Adds ETH Reward Option!', 110, '2021-08-20 00:36', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/', 'ETH just got added as a reward along with others, the options are now:\n\n&amp;#x200B;\n\n\\- 1% back in Bitcoin (BTC)\n\n\\- 1% back in Ethereum (ETH)\n\n\\- 1% back in Dogecoin (DOGE)\n\n\\- 4% back in Stellar Lumens (XLM)\n\n\\- 4% back in The Graph (GRT)\n\n&amp;#x200B;\n\nGeneral consensus before was anything other than 4% XLM was dumb. Anyone using the card? Would you switch to 1% ETH or just convert the XLM to ETH after?', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/', 'p7pcqd', [['u/fiftyfirstsnails', 37, '2021-08-20 00:39', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9lb1hx/', 'Clearly 4% back on XLM or GRT then convert to preferred token makes the most sense. But also the fact that they even list ETH as a potential reward makes me 1000x more likely to get it now.\n\nDecisions, decisions.', 'p7pcqd'], ['u/ben_kWh', 19, '2021-08-20 01:09', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9leynf/', "I don't quite understand the appeal with this or block Fi card. Like why not get a card with 2%+ reward and just buy Eth? I do like the simplicity of it buying automatically, but feel like the 1% threshold it's not even industry standard. Hoping Gemini 3% card pans out, but they missed their q2 rollout so I'm getting skeptical.", 'p7pcqd'], ['u/Fruitonomics', 10, '2021-08-20 01:14', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9lfo4r/', "I agree, anything 2% and under is already covered by traditional cash back cards. The Coinbase card is intriguing with 4% options, especially if you already have an account. It doesn't have the fairly hefty buy-in that Crypto.com cards seem to have either.", 'p7pcqd'], ['u/bauhaus_robot', 18, '2021-08-20 04:20', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9m3a3s/', 'I’ve been collecting XLM and then converting to Eth, then staking it. Why anyone would choose to foergo 75% of their rewards is beyond my understanding', 'p7pcqd'], ['u/ETH_420', 18, '2021-08-20 11:35', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9n50kq/', 'So why do you think Coinbase is able to give 4% back in XLM or GRT, but only give 1% for BTC or ETH? I imagine most people right now are doing the 4% back and then converting to the crypto of their choice. Coinbase collects additional fees on the conversion, but the user still nets more than 1% back on their preferred crypto in the end.', 'p7pcqd']]], ['u/maniparusu', 'Blackrock invests ~$380 Million in Bitcoin Miners.', 591, '2021-08-20 00:39', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/', 'Blackrock, the world’s largest asset manager with $9 trillion in assets, has taken significant stakes in two Bitcoin miners—$382,962,003.08 million. 6.71% in Marathon and 6.61% in Riot Blockchain. \n\n[https://www.forbes.com/sites/anthonytellez/2021/08/19/blackrock-joins-fidelity-and-vanguard-as-a-bitcoin-mining-investor/?sh=6b6fc0902738](https://www.forbes.com/sites/anthonytellez/2021/08/19/blackrock-joins-fidelity-and-vanguard-as-a-bitcoin-mining-investor/?sh=6b6fc0902738)', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/', 'p7pet1', [['u/Fickle-Introduction4', 25, '2021-08-20 00:43', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lbjm1/', 'Thanks for the news. I have BLK on my watch list', 'p7pet1'], ['u/futuretothemoon', 11, '2021-08-20 01:11', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lf8d0/', 'PoW to the moon', 'p7pet1'], ['u/[deleted]', 83, '2021-08-20 01:44', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9ljf71/', 'they own everything', 'p7pet1'], ['u/Saidthenoob', 19, '2021-08-20 02:11', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lmu2x/', 'If only they knew about bitfarms and hut 8 mining who just recently uplisted to nasdaq both higher tiers than riot and Mara, with more BTC hodl, similar hashrate installed, green energy etc', 'p7pet1'], ['u/BashCo', 78, '2021-08-20 02:16', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lni3q/', 'Janet Yellen has these dudes on speed dial. They are up to no good.', 'p7pet1'], ['u/jnbolen403', 42, '2021-08-20 02:45', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lrblw/', 'She\'s trying hard to end Bitcoin and her buddies at Blackrock are investing against her?? That "Infrastructure Bill... 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:** ['AdvisorShares, an investment management firm that offers a range of themed exchange-traded funds, has submittedan applicationto the U.S. Securities and Exchange Commission (SEC) for abitcoinfutures ETF.\n• The AdvisorShares Managed Bitcoin ETF will invest “all or substantially all of its assets in exchange-traded futures contracts on bitcoin” and collateral, according to the filing.\n• The Bethesda, Md.-based investment management firm said in the filing that it will not invest directly in bitcoin.\n• Morgan Creek Capital will serve as the Fund’s sub-adviser, using its research and other resources to help guide the Fund’s investment strategies.\n• In remarksearlier this month, Securities and Exchange Commission Chair Gary Gensler suggested he would look more favorably upon bitcoin ETFs that only trade bitcoin futures contracts.\n• Investment firms VanEck and ProShares bothwithdrewtheir applications with the SEC for approval ofetherfutures ETFs, just two days after filing them, according to Bloomberg analyst Eric Balchunas on Friday.\n• There are over a dozen bitcoin ETF applications currently before the SEC, which has yet to approve one.\n• Market Wrap: Bitcoin Rallies Ahead of $50K Resistance\n• Market Wrap: Bitcoin Expected to Hold Support Above $45K\n• Galaxy Digital Files for US Bitcoin Futures ETF\n• Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF', 'AdvisorShares, an investment management firm that offers a range of themed exchange-traded funds, has submittedan applicationto the U.S. Securities and Exchange Commission (SEC) for abitcoinfutures ETF.\n• The AdvisorShares Managed Bitcoin ETF will invest “all or substantially all of its assets in exchange-traded futures contracts on bitcoin” and collateral, according to the filing.\n• The Bethesda, Md.-based investment management firm said in the filing that it will not invest directly in bitcoin.\n• Morgan Creek Capital will serve as the Fund’s sub-adviser, using its research and other resources to help guide the Fund’s investment strategies.\n• In remarksearlier this month, Securities and Exchange Commission Chair Gary Gensler suggested he would look more favorably upon bitcoin ETFs that only trade bitcoin futures contracts.\n• Investment firms VanEck and ProShares bothwithdrewtheir applications with the SEC for approval ofetherfutures ETFs, just two days after filing them, according to Bloomberg analyst Eric Balchunas on Friday.\n• There are over a dozen bitcoin ETF applications currently before the SEC, which has yet to approve one.\n• Market Wrap: Bitcoin Rallies Ahead of $50K Resistance\n• Market Wrap: Bitcoin Expected to Hold Support Above $45K\n• Galaxy Digital Files for US Bitcoin Futures ETF\n• Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF', 'AdvisorShares, an investment management firm that offers a range of themed exchange-traded funds, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a bitcoin futures ETF. The AdvisorShares Managed Bitcoin ETF will invest “all or substantially all of its assets in exchange-traded futures contracts on bitcoin” and collateral, according to the filing. The Bethesda, Md.-based investment management firm said in the filing that it will not invest directly in bitcoin. Morgan Creek Capital will serve as the Fund’s sub-adviser, using its research and other resources to help guide the Fund’s investment strategies. In remarks earlier this month, Securities and Exchange Commission Chair Gary Gensler suggested he would look more favorably upon bitcoin ETFs that only trade bitcoin futures contracts. Investment firms VanEck and ProShares both withdrew their applications with the SEC for approval of ether futures ETFs, just two days after filing them, according to Bloomberg analyst Eric Balchunas on Friday. There are over a dozen bitcoin ETF applications currently before the SEC, which has yet to approve one. Related Stories Market Wrap: Bitcoin Rallies Ahead of $50K Resistance Market Wrap: Bitcoin Expected to Hold Support Above $45K Galaxy Digital Files for US Bitcoin Futures ETF Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF', 'Bitcoin , BTC to USD, rallied by 5.48% on Friday. Following a 4.57% gain on Thursday, Bitcoin ended the day at $49,330.5. A mixed morning saw Bitcoin fall to an early morning intraday low $46,647.0 before finding support. Steering clear of the of the first major support level at $44,818, Bitcoin rallied to a late intraday high $49,400. Bitcoin broke through the first major resistance level at $47,887 and the second major resistance level at $49,008. A late pullback, however, saw briefly Bitcoin fall back through the second major resistance level before ending the day at sub-$49,300 levels. The near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Bitcoin Cash SV (+7.60%) and Crypto.com Coin rallied by 7.60% and by 7.44% respectively to lead the way. Binance Coin (+5.51%) and Chainlink (+6.05%) also found strong support. Cardano’s ADA (+0.58%), Ethereum (+3.21%), Litecoin (+4.61%), Polkadot (+0.47%), and Ripple’s XRP (+2.39%) trailed the front runners, however. In the current week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Friday high $2,110bn. At the time of writing, the total market cap stood at $2,068bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.67%. This Morning At the time of writing, Bitcoin was down by 0.35% to $49,157.8. A mixed start to the day saw Bitcoin rise to an early morning high $49,374.0 before falling to a low $49,157.8. 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 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $48,459 pivot to bring the first major resistance level at $50,271 and the 23.6% FIB of $50,473 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Friday’s high $49,400.0. Barring a broad-based crypto rally, the first major resistance level and resistance at the 23.6% FIB would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $53,000 levels before any pullback. The second major resistance level sits at $51,212. A fall through the $48,459 pivot would bring the first major support level at $47,518 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$46,000 levels. The second major support level sits $45,706. This article was originally posted on FX Empire More From FXEMPIRE: Silver Weekly Price Forecast – Silver Markets Reaching Towards Major Support S&P 500 Price Forecast – Stock Markets Recover Into The Weekend Natural Gas Price Forecast – Natural Gas Markets Show Signs of Strength S&P 500 Weekly Price Forecast – The Stock Market Continues to Bounce From Uptrend Line Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 21st, 2021 Natural Gas Weekly Price Forecast – Natural Gas Markets Find Support at $3.80', 'Bitcoin, BTC to USD, rallied by 5.48% on Friday. Following a 4.57% gain on Thursday, Bitcoin ended the day at $49,330.5.\nA mixed morning saw Bitcoin fall to an early morning intraday low $46,647.0 before finding support.\nSteering clear of the of the first major support level at $44,818, Bitcoin rallied to a late intraday high $49,400.\nBitcoin broke through the first major resistance level at $47,887 and the second major resistance level at $49,008.\nA late pullback, however, saw briefly Bitcoin fall back through the second major resistance level before ending the day at sub-$49,300 levels.\nThe near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Friday.\nBitcoin Cash SV(+7.60%) andCrypto.com Coinrallied by 7.60% and by 7.44% respectively to lead the way.\nBinance Coin(+5.51%) andChainlink(+6.05%) also found strong support.\nCardano’s ADA(+0.58%),Ethereum(+3.21%),Litecoin(+4.61%), Polkadot (+0.47%), andRipple’s XRP(+2.39%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Friday high $2,110bn. At the time of writing, the total market cap stood at $2,068bn.\nBitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.67%.\nAt the time of writing, Bitcoin was down by 0.35% to $49,157.8. A mixed start to the day saw Bitcoin rise to an early morning high $49,374.0 before falling to a low $49,157.8.\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 0.92% to lead the way down.\nBitcoin would need to avoid the $48,459 pivot to bring the first major resistance level at $50,271 and the 23.6% FIB of $50,473 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Friday’s high $49,400.0.\nBarring a broad-based crypto rally, the first major resistance level and resistance at the 23.6% FIB would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $53,000 levels before any pullback. The second major resistance level sits at $51,212.\nA fall through the $48,459 pivot would bring the first major support level at $47,518 into play.\nBarring an extended 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: 2021-08-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,761,823,325 - Hash Rate: 131460594.22543664 - Transaction Count: 219407.0 - Unique Addresses: 555440.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Shiba Inuis currently trying to settle below the support level at $0.000008 as the crypto market remains under pressure. Bitcoinhas recently failed to settle above the resistance at $35,000 and made several attempts to get to the test of the support at $32,000. In case Bitcoin manages to settle below this level, it will gain additional downside momentum and move towards the support at $30,000 which will be bearish for Shiba Inu and the whole crypto market. Meanwhile,Dogecoinmanaged to settle below the support at $0.25 and is moving lower, which is bearish for Shiba Inu. I’d note that Shiba Inu has recently made an attempt to get to the test of the resistance at $0.000010 but lost momentum because of the general bearish sentiment in crypto markets. At this point, it looks that Shiba Inu will need additional bullish catalysts in order to get to the test of the resistance at $0.000010. Shiba Inu failed to get to the test of the resistance at $0.000010 and pulled back towards the support at $0.000008. RSI is in the moderate territory, and there is plenty of room to gain additional downside momentum in case bearish catalysts emerge. If Shiba Inu declines below the support at $0.000008, it will move towards the next support level at $0.000007. A successful test of this level will open the way to the test of the next support at $0.0000063. If Shiba Inu manages to settle below $0.0000063, it will head towards June lows at $0.0000055. On the upside, Shiba Inu needs to stay above $0.000008 to have a chance to gain upside momentum in the near term. The next resistance level for Shiba Inu is located at $0.000010. If Shiba Inu manages to settle above this level, it will head towards the resistance at $0.000012. A move above this level will push Shiba Inu towards the resistance at $0.00001350. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Today’s Market Wrap Up and a Glimpse Into Friday • The Crypto Daily – Movers and Shakers – July 2nd, 2021 • Silver Price Prediction – Silver Prices Face Headwinds from Dollar Strength • Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 2nd, 2021 • Gold Price Futures (GC) Technical Analysis – Weakens Under $1770.40, Strengthens Over $1798.80 • U.S Nonfarm Payrolls Will Put the Greenback in the Spotlight Later Today... - Reddit Posts (Sample): [['u/Slainte042', 'March 11, 2013 was the day r/CryptoCurrency was created and this is how the CryptoLandscape looked like back then', 24, '2021-08-21 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p8f2r7/march_11_2013_was_the_day_rcryptocurrency_was/', "I don't know who is behind this sub, but they must be some very insightful and visionary people. Because back when the sub was created:\n\n**Bitcoin price was - $48.2** ([https://www.investing.com/crypto/bitcoin/historical-data](https://www.investing.com/crypto/bitcoin/historical-data))\n\nBack in 2013 on CoinMarketCap there were only 13 currencies listed, two of them were Bitcoin and Litecoin and we all know what's going on there but let's see what happens right now with the other 11:\n\n**Peercoin** \\- ranked #644 on CMC, MC - $29,922,057, Volume 24H - $15,163\n\n**Namecoin** \\- ranked #723 on CMC, MC - $22,204,824, Volume 24H - $10,337\n\n**Feathercoin** \\- ranked #1141, MC - $5,675,727, Volume 24H - $4,476\n\n**Terracoin** \\- ranked #1761, MC - $871,274, Volume 24H - $228\n\n**DevCoin** \\- According to CMC - The CMC team has not verified the project's Market Cap. \n\n**Freicoin** \\- ranked #1961, MC - $394,170, Volume 24H - No data\n\n**Novacoin** \\- According to CMC - Market data is untracked. This project is featured as an 'Untracked Listing'\n\n**CHNoin** \\- according to [cryptoslate.com](https://cryptoslate.com) \\- CHNoin is an abandoned proof of work cryptocurrency launched in May of 2013.\n\n**BBQCoin** \\- No data on CMC, it's on 73 watchlists\n\n**Mincoin** \\- rank N/A but according to coingeko Volume 24H is $15.29 \n\n**BitBar** \\- rank #N/A, coingeko says that $96.01 were traded in the last 24H\n\n**Ixcoin** \\- rank #1367, MC - $2,717,343, Volume 24H - $13", 'https://www.reddit.com/r/CryptoCurrency/comments/p8f2r7/march_11_2013_was_the_day_rcryptocurrency_was/', 'p8f2r7', [['u/udemygodx', 11, '2021-08-21 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/p8f2r7/march_11_2013_was_the_day_rcryptocurrency_was/h9pumld/', 'btc is the king no matter what. just a reminder.', 'p8f2r7']]], ['u/Cardinalfan42', 'Oh dang... my home state of Missouri is always doing something...', 31, '2021-08-21 00:09', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/', " \n\n# Bitcoin for everyone: Missouri mayor wants to give each resident $1,000 in cryptocurrency.\n\n [Bitcoin for everyone: Missouri mayor wants to give each resident $1,000 in cryptocurrency (msn.com)](https://www.msn.com/en-us/money/other/bitcoin-for-everyone-missouri-mayor-wants-to-give-each-resident-1-000-in-cryptocurrency/ar-AANwo1M?ocid=msedgntp) \n\nThe mayor: “Look, it's digital gold,” said Mayor Stewart. “I would like to see every single household in my city receive some level of Bitcoin, whether it be $500 or $1,000.” \n\nWhat to say, what to say???!!!", 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/', 'p8f4ds', [['u/FrietZoorVleis', 26, '2021-08-21 00:19', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pw27e/', "&gt;Many experts expect Bitcoin to grow in value exponentially in the next decade.\n\n&gt;“My daughter says she thinks it's the next big thing. The digital currency,” said Ramona Nickels, a mail carrier who lives in Cool Valley.\n\n \n \nThis is satire right?", 'p8f4ds'], ['u/Affect-Electrical', 12, '2021-08-21 00:32', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pxpnk/', 'Also, surely elected politicians saying they will hand out money to the people who elect them has to be illegal somewhere?', 'p8f4ds'], ['u/AccomplishedPizza826', 52, '2021-08-21 00:38', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pylpb/', "bitcoin investors trying to get more people into bitcoin, totally doesn't sound like some type of pyramid scheme at all", 'p8f4ds'], ['u/The_Endangered_DINO', 24, '2021-08-21 00:44', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pzdwu/', 'Here’s the plan:\n\nWe move to Missouri\n\nWe collect $1k in Monopoly money\n\nWe sell $1k in Monopoly money\n\nThen, we leave Missouri', 'p8f4ds'], ['u/Cardinalfan42', 16, '2021-08-21 00:47', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pzq0n/', 'I laughed at the “digital gold”…', 'p8f4ds'], ['u/HopeFox', 16, '2021-08-21 00:47', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pzrgw/', "He's probably just in it for the tech.", 'p8f4ds'], ['u/teslaetcc', 12, '2021-08-21 01:09', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9q2lml/', 'Working with E-Gold taught Gerald Cotten everything he needed to know to run one of Canada’s biggest cryptocurrency companies!', 'p8f4ds'], ['u/Cardinalfan42', 11, '2021-08-21 01:14', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9q38l5/', "And one of Canada's biggest exit scams...", 'p8f4ds'], ['u/LeoLabine', 10, '2021-08-21 04:09', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9qpaqw/', "Cut taxes by 1000$ for each resident and let them do what they want with it what about that? Don't force them to get cryptos wtf.", 'p8f4ds'], ['u/devliegende', 17, '2021-08-21 06:52', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9r7366/', 'I\'m not sure $1000 can compensate for having "lived in Missouri" hanging over your life. \nHow will you explain it to your grandchildren?', 'p8f4ds']]], ['u/IAmJacks_Balls', 'All jokes aside, if you really are planning on making retirement kind of money what coin are you investing in?', 87, '2021-08-21 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/', 'Not referring to people who are trying to “reach the moon” in two months. I mean the average person who is buying and holding for 10-20 years down the road for hopefully an early retirement. I feel like safest bet at this point would be ETH or BTC obviously. Curious what everyone else’s retirement portfolio within the cryptosphere looks like I guess.', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/', 'p8fj0r', [['u/Strictly_Haram', 12, '2021-08-21 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxr6d/', 'Not one coin but a diversified portfolio.\n\nMy biggest bags are ETH, SOL, DOT, ALGO and MATIC. I have comparatively smaller bags in BTC, LINK and VET', 'p8fj0r'], ['u/WillingFact', 79, '2021-08-21 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxtjk/', 'BTC/ETH and ALGO for the long run for me.', 'p8fj0r'], ['u/[deleted]', 27, '2021-08-21 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxvlg/', 'Pretty sure POS coins have a pretty good future, lots of people living just off staking', 'p8fj0r'], ['u/Strictly_Haram', 10, '2021-08-21 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxyyo/', 'Definitely not 😂', 'p8fj0r'], ['u/astockstonk', 15, '2021-08-21 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pzk29/', 'DCA’ing into Bitcoin and ETH for 12-16 years will probably do it', 'p8fj0r'], ['u/Yegpetphoto', 22, '2021-08-21 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pzyt4/', 'Solid tokenomics and real world use cases for the tech. Like CUMMIES.', 'p8fj0r'], ['u/I_knows_nothing', 44, '2021-08-21 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q0ax2/', 'Love me some algo', 'p8fj0r'], ['u/[deleted]', 14, '2021-08-21 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q0qte/', 'Proof of stake my dude. ETH 2.0 will be PoS and you can already stake it but there’s a lockout from withdrawing until its release. Besides that there’s stuff like ADA, DOT, etc.', 'p8fj0r'], ['u/FakeFuture2', 26, '2021-08-21 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q1bp1/', 'Cardano and VeChain are my favs', 'p8fj0r'], ['u/Deadpoulpe', 14, '2021-08-21 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q3cz9/', 'Yes', 'p8fj0r'], ['u/lovemesomefood', 11, '2021-08-21 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q3t8u/', 'ALGO all the way', 'p8fj0r'], ['u/still-drugs-on', 20, '2021-08-21 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q3yzk/', 'Username doesnt check out, ALGO rules.', 'p8fj0r'], ['u/I_knows_nothing', 32, '2021-08-21 01:21', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q42kb/', 'I always read PoS as Piece of Shit before Proof of Stake. Makes me giggle', 'p8fj0r'], ['u/[deleted]', 11, '2021-08-21 02:18', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9qbelv/', "That indicates you're a man of culture ![gif](emote|emo_pack_1|yeah)", 'p8fj0r'], ['u/[deleted]', 11, '2021-08-21 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are... 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 the time the Bowerman Mile runners lined up for the final event of the Prefontaine Classic, there had been eight meet records, six world-leading marks and two Diamond-League records already set. Jakob Ingebrigtsen made sure to add his name to that group of record-setters. The 20-year-old Norwegian who won Olympic gold two weeks ago in Tokyo, won the Prefontaine Classic’s signature event Saturday afternoon at Hayward Field in 3 minutes, 47.24 seconds, which was also a national record. "Obviously racing at Hayward Field is always a great experience for milers," Ingebrigtsen said. "Always a great time racing here. Being able to run this fast and take the win is just amazing." Ingebrigtsen stormed past front-running Australian Stewart McSweyn with 250 meters to go and kicked hard for the win. McSweyn was second in 3:48.40 and two-time Bowerman Mile champion Timothy Cheruiyot of Kenya was third in 3:51.17. "I really enjoy racing and competing," Ingebrigtsen said. "Being able to win races is every athlete’s dream. It’s great to be able to be here and take part in this great meet." Matthew Centrowitz, the former Oregon standout and the 2016 Olympic gold medalist, was ninth in 3:53.32. Centrowitz started the race running from the back and had no chance to catch up when Ingebrigtsen and McSweyn pushed the pace. Jakob Ingebrigtsen, right, wins the Bowerman Mile ahead of Stewart McSweyn, left, at Prefontaine Classic at Hayward Field Saturday. The meet marked the return of the Pre Classic to Hayward Field after a three-year absence due to the stadium renovation and the 2020 meet getting canceled because of COVID-19. An announced crowd of 8,937 was on hand, making it the largest crowd at Hayward Field since in reopened in April. Jamaican’s shine again in 100 Elaine Thompson-Herah and her Jamaican teammates made the showdown with American Sha’Carri Richardson non-competitive. Thompson-Herah, the two-time Olympic gold medalist in the 100, ran the second-fastest women’s 100-meter time in history with her win in 10.54 — a Diamond League, meet and Jamaican record. The only woman who has run faster is world-record holder Florence Griffith Joyner at 10.49. Story continues Jamaica’s Elaine Thompson-Herah wins the 100 meters in 10.54 at at the 2021 Prefontaine Classic at Hayward Field in Eugene, Ore., on Saturday, Aug. 21, 2021. USA’s Sha\'carri Richardson, right, finished last. “I ran 10.5 and I think I have so much more,” Thompson-Herah said. “I have some more races. I don’t want to get too excited, too carried away. I still have a mission to complete.” Right on her heels were Shelly-Ann Fraser-Pryce (10.73) and Shericka Jackson (10.76), duplicating their finish in Tokyo. In last place was U.S. champion Richardson, who hasn’t competed since the Olympic Trials due to a drug suspension for marijuana. Richardson ran 11.14. “I’m a warrior,” Richardson said. “My passion will always come out. This last month was a journey for me. That’s no excuse because I’m an athlete. Today was a day, but it’s not every day. It’s not the end of the world. If you choose to count me out, the joke’s on you." \'Talk all the (expletive) you want\': Sha\'Carri Richardson sounds off after finishing last in Prefontaine Classic race The women’s 200 was won by Mujinga Kambundji of Switzerland in 22.06, with American bronze medalist Gabby Thomas coming in second at 22.11. “I wanted to be competitive,” Thomas said. “I didn’t want to go out there and run a mediocre time. I wanted to come to Hayward and compete because it’s my first time at Prefontaine (Classic). I wanted that to be memorable. That was a tough race but I competed.” Oregon star and two-time Olympian Jenna Prandini was fourth in 22.36 and Allyson Felix was eighth in 22.60. De Grasse and Lyles get redemption Andre de Grasse returned to Canada with a pair of individual Olympic medals, winning gold in the 200 and bronze in the 100. Facing another Olympic quality field in the Pre Classic men’s 100, de Grasse came away a winner, running a wind-aided (plus-2.9) 9.74. “I felt like in Tokyo I didn’t really execute in the finals,” De Grasse said. “I could have done better. So it was good to just finally come out here and get out of the blocks good and run a fast time. I felt like there was less pressure. The Olympics are over. Now all these races are just about having fun, enjoying the moment.” Olympic silver medalist Fred Kerley was second in 9.78 and fellow American Ronnie Baker was third in 9.82. In his first race since his disappointing finish in Tokyo, Noah Lyles won the 200 in a world-leading and meet-record 19.52. Lyles was considered the Olympic favorite going into the Summer Games but settled for bronze . Silver medalist Kenny Bednarek was second in 19.80 and Josephus Lyles was third in a PR 20.03. “I’m excited,” Noah Lyles said. “I’m very happy. I came out here and I knew I could put something special together. I’m just excited to see it.” Mu resets her own 800 record The final race of Athing Mu’s long and illustrious season was the best of her short career. The 800 prodigy and Olympic gold medalist topped her own American record with a 1:55.04 victory against a field that included all three medalists from Tokyo. Mu, 19, who wrapped up her one-and-only season at Texas A&M with an NCAA 40 title in June, first set the American record with her win in Tokyo in 1:55.21. Saturday she had a commanding lead as pacer Kaylin Whitney took them through the first lap in 54.19. When Mu crossed the finish line, there was no one on her heels. "I knew this was probably going to be a little tougher because coming off the Olympic games and running a PR there," Mu said. "So I wasn\'t looking at time, I just wanted to come here and run with whoever is out there and just be competitive. ... Very satisfied with 1:55. A PR again this season, that\'s pretty great." American Kate Grace was second in 1:57.60 and Jamaica’s Natoya Goule was third in 1:57.71. Olympic bronze medalist Raevyn Rogers was fourth in 1:58.01 and silver medalist Keely Hodgkinson of Great Britain was fifth in 1:58.30. In the men’s 800, Canada’s Marco Arop made a late move to get into the lead and then kicked down the homestretch to win in 1:44.51, beating the top two medalists from Tokyo. Silver medalist Ferguson Rotich was second in 1:45.02 and fellow Kenyan Emmanuel Korir, the Olympic champ was third in 1:45.05. Arop was seventh in his Olympic semifinal heat and didn’t run in the final. Ryan Crouser wins the men\'s shot during the Prefontaine Classic at Hayward Field Saturday. More records for Crouser The best men’s shot putter in the world had another record-setting outing at Hayward Field. Ryan Crouser, who broke the world record during the U.S. Olympic Track & Field Trials in June, won Saturday’s competition on this fourth attempt with a throw of 75-11 1/2 to set the Diamond League and meet record. Overall, the two-time Olympic champion from Boring had four throws of at least 75 feet. “I’d be happy if that was an ordinary day at the office,” Crouser said. “I felt good out here today competing. I was really happy with the performance today because I felt like I struggled a little bit warming up. I shook out a little of the uncertainty early. I was really happy with my execution coming off a major championship.” Brazil’s Darlan Romani was second with a mark of 71-2 and Olympic silver medalist Joe Kovacs was third at 71-11 3/4. American record for Frerichs in steeplechase There was no Olympic hangover for Courtney Frerichs. The 3,000 steeplechase silver medalist in Tokyo became the first American woman to run under 9:00 when she clocked 8:57.77 for a second-place finish. “I really wanted to focus on competing today,” Frerichs said. “I’ve found that the times come if I focus on the competition and not the pace. I think that was a really good mindset going in because going out in 66 (seconds) is definitely not how I would have expected things to happen. But I think by focusing on competing I wasn’t rattled by any of the pacing. Frerichs, who is a member of Portland’s BTC, also owned the previous American record of 9:00.85 from 2018. She said getting on the track again after her performance in Tokyo felt good. “Physically I was in a great spot,” she said. “When you’ve been thinking about a race for five years and then suddenly it’s over, you kind of want to reset and take the time to figure out your next goals.” Saturday’s winner was Kenyan Norah Jeruto, who ran a world-leading and meet-record 8:53.65. “The race was very good for me,” Jeruto said. “I was prepared for this race today.” Jeruto, who didn’t compete in Tokyo, beat a field that included all three medalists. Olympic champion Peruth Chemutai of Uganda finished seventh in 9:10.87 and bronze medalist Hyvin Kiyeng of Kenya was third in 9:00.05. Other results Faith Kipyegon cruised to victory in the women’s 1,500 as the two-time Olympic gold medalist won by more than six seconds as she set the meet record with a time of 3:53.23. Australian Linden Hall was second in 3:59.73 and American Josette Norris was third in 4:00.07. It was a tough race for Great Britain’s Laura Muir, who won silver in Tokyo. She was 12th Saturday in 4:05.92. Former Oregon star Jessica Hull, an Olympic finalist for Australia, was 11th in 4:05.33. Olympic champion Pedro Pichardo of Portugal won the men’s triple jump 57-10 1/4. Pichardo took the lead when he went 56-6 3/4 on his first jump and then unnecessarily extended his advantage on his last jump. Hugues Fabrice Zango, the bronze medalist from Burkina Faso was second at 56-2 and American Donald Scott was third at 55-10 1/2. American Dalilah Muhammad set the meet record on the women’s 400 hurdles with her win in 52.77. American Shamier Little was second in 53.79 and Panama’s Gianna Woodruff was third in PR 54.20. American Olympic gold medalist Katie Nageotte won the women’s pole vault with a clearance of 15-9 3/4. Bronze medalist Holly Bradshaw of Great Britain was seco **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: 2021-08-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,781,206,948 - Hash Rate: 126820808.5468918 - Transaction Count: 190631.0 - Unique Addresses: 474281.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has been around since 2009, but it’s only been the last few years where it’s been on the map of the average investor. That’s likely due to the fact that the price of Bitcoin has absolutely exploded. Even after dropping over 50% from its high in 2021,Bitcoin is still up over 250% over the last year, and over 32,500% since 2014.Whereas lots of investors have gotten excited over the prospect ofbecoming rich by investing in Bitcoin, not many people fully understand exactly what Bitcoin is or how it works. For example, you may have heard that the total number of Bitcoin allowed to exist is limited. But, how is that possible, and what does it mean? Will Bitcoin ever run out? Check Out:What Is the Next Big Cryptocurrency To Explode in 2021?Consider:Is the Shiba Inu Coin the Cryptocurrency You Should Be Watching? Here’s a quick overview of how Bitcoin is produced, how it can be limited and what it all means for the future of the cryptocurrency. While the mechanics of the operations can get a bit confusing, Bitcoin is produced by miners, but electronic miners rather than physical miners. The way it works is that Bitcoin miners record transactions on the blockchain, which is a decentralized ledger. To record a transaction, miners must solve complex algorithms using massive computer power. Once a transaction is recorded, which occurs about every 10 minutes on average, the miner is rewarded with Bitcoin. Currently, the reward for miners is 6.25 Bitcoin, but this amount is halved every four years. In 2009, when Bitcoin was first developed, the reward was 50 Bitcoin. It’s estimated that the next halving will be in 2024, when the reward will drop to 3.125 Bitcoin. Learn More:Where Does Cryptocurrency Come From? Under the mining system, it might seem like there would be no limit to the amount of Bitcoin that could be produced. However, the way its source code is written, there can be no more Bitcoin produced once 21 million coins are in the system. The way the mining system is set up means that the final Bitcoin won’t be mined until about 2140, however.So, although the production rate will slow, there will still be new Bitcoin coming online for over 100 years. See:If You Invested $1,000 in These Cryptocurrencies a Year Ago, Here’s How Much You’d Have Now Bitcoin will never “run out,” as there have already been over 18 million Bitcoin mined and there will ultimately be 21 million in the system.However, the introduction of new supply will eventually stop. This is one of the reasons Bitcoin bulls aggressively tout the cryptocurrency. In their opinion, increasing demand for Bitcoin will eventually overcome the limited supply, thereby driving up prices exponentially. This could prove true, as more and more businesses and even countries are beginning to accept Bitcoin as a valid form of currency. El Salvador, for example, became the first country to accept Bitcoin as legal tender on June 9.However, the future demand for Bitcoin is still far from certain, which is part of the reason there are such wild swings in its price. More From GOBankingRates • What Money Topics Do You Want Covered: Ask the Financially Savvy Female • 5 Things Most Americans Don’t Know About Social Security • 20 Home Renovations That Will Hurt Your Home’s Value • What Income Level Is Considered Middle Class in Your State? Last updated: July 29, 2021 This article originally appeared onGOBankingRates.com:Will Bitcoin Ever Run Out?... - Reddit Posts (Sample): [['u/lymeguy', 'Any of you think that 1-$3000 invested into crypto today could be worth 10-20k in a few years?', 20, '2021-08-22 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/', "This is an idea that always excites me about cryptos and is a potential upside to its volatility. \n\nTrue we may not have a phenomena like the original bitcoin had from flying to be worth nothing to over $40,000 over a number of years or etherium going from dollars to 3k dollars plus, etc...\n\nBut it's always interesting to me to think what some of the top cryptos might amount to in say 5 years.... \n\nIE throwing $1,000 into Cardano now and staking it for a number of years or simply buying 1 or 2 etheriums now and holding it for a couple of years...\n\nWhat do you think?", 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/', 'p90f9c', [['u/biggylips', 20, '2021-08-22 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/h9u7xg3/', 'Why wait a few years, I can see investing in ETH and getting 10k THIS year.', 'p90f9c'], ['u/Clubtropper', 15, '2021-08-22 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/h9uaj6e/', "Yeah. It's all about the next Bitcoin halving, which is going to happen in spring of 2024.\n\nFill your bags between now and then and you'll ride the rocket straight to the moon.", 'p90f9c']]], ['u/SoupaSoka', 'I graphed whether the top 100 coins from 2016 increased/decreased in value and break down what happened if you invested in the top 5/10/25/50/100 or bottom 50 coins [Graphs + Data + Discussion + tl;dr]', 168, '2021-08-22 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/p90ole/i_graphed_whether_the_top_100_coins_from_2016/', 'My other recent graph/data crypto posts:\n\n1. [How many Bricks/Moons you\'d need to spend to buy lunch](https://www.reddit.com/r/CryptoCurrency/comments/p8ao8r/i_graphed_how_many_bricks_and_moons_you_would/)\n2. [Comparing a 5-year investment in the top 5 crypto versus traditional investments](https://www.reddit.com/r/CryptoCurrency/comments/p6cvf8/this_is_what_1000_invested_5_years_ago_would_be/)\n3. [YTD changes in top 10 coin market cap versus subreddit subscriber counts.](https://www.reddit.com/r/CryptoCurrency/comments/p4ltdj/i_compared_the_change_in_value_of_the_top_10/)\n\nPlease check these posts out if you want some easy to read graphs and data; I plan to continue making these for the foreseeable future. Without further ado:\n\n# What did the top 100 cryptocurrencies by market cap look like in 2016?\n\nAs a note, I collected these data/rankings from a CoinMarketCap historical snapshot, and I found these coin\'s current prices on CMC first, or CoinGecko if I couldn\'t find them on CMC. If they showed up on neither website, I assumed the coin was worthless.\n\n&amp;#x200B;\n\n[Fig. 1 - Top 100 coins by market cap in 2016.](https://preview.redd.it/7y35crbeesi71.jpg?width=347&amp;format=pjpg&amp;auto=webp&amp;s=ed6fc4c563ea9d9825edc6a9286004a2f16d69e6)\n\n**Have you even heard of most of these coins?** For real, I recognize maybe 25% of them, and I have been in the crypto realm since 2017.\n\nBitcoin, at the top, had a market cap of around $10 B, while the #100 coin, Infinitecoin, had a market cap of around $420,000. For reference, a coin with a market cap of $420,000 today would be roughly rank #1,950 (BEER is that coin, if you\'re curious).\n\nNow, let\'s see how many coins lost value and how many coins gained value in the last five years.\n\n[Fig. 2 - How many of the top 100 coins from 2016 increased or decreased in value in 2021.](https://preview.redd.it/mkdrbx8d1si71.jpg?width=808&amp;format=pjpg&amp;auto=webp&amp;s=2c4409518959004b186c13061971512128df8f28)\n\nI really like this second figure, as it illustrates your odds of being profitable if you had only bought a single coin in 2016 and didn\'t sell it until today. You had a 53% chance of picking a coin that went up in value and a 46% chance of picking a coin that went down in value. Also, a 1% chance to pick Tether. So, a single pick would have been risky. I didn\'t graph these data, but I\'ll note that 9 of the top 10 coins from 2016 went up in value by today, with only STEEM losing 60% of its value.\n\nNow, let\'s look at how many coins increased in value in bins. This will give us a better idea of how much you\'d increase your investment depending on if you had a profitable coin or not.\n\n&amp;#x200B;\n\n[Fig. 3 - A histogram showing \\\\"bins\\\\" of the top 100 coins, grouped by how much their value changed from 2016 to 2021.](https://preview.redd.it/ewqi00n4csi71.jpg?width=900&amp;format=pjpg&amp;auto=webp&amp;s=49e10c0b8b0526fa6cb8841cece9b458d721b932)\n\nSo, the first bin, ranging from 0% to 100%, had 47 coins. This is the same as the orange slice of the pie chart above plus Tether (which was flat, having exactly 100% of its value from 2016 in 2021). The other 46 coins in that first bin lost anywhere from 1% to 100% of their value in the last five years.\n\nTo write out the above: 7 coins increased in value by 1%-100%, 6 coins increased in value by 101-200%, 1 coin increased in value by 300-400% (Peercoin, 311%, for those curious)... and what\'s really interesting is that 39 coins increased by at least 400%.\n\nWhat this means is that if you bought only one coin in 2016 and sold it today, you had a 47% chance to breakeven or lose money, you had a 14% chance to make a 1% to 300% profit, and you had a 39% chance to gain at least a 400% profit. This is basically a massive example of feast or famine, where you either lost your money or you made a 4x or greater gain with very little in-between.\n\nNow, let\'s say you\'re a wise person that doesn\'t YOLO into a single coin, but rather, divides up your investment based on arbitrary cutoffs and not emotional decisions. How would your money look today?\n\n[Fig. 4 - How much would you gain if you had invested in subsets of the top 100 coins from 2016 and sold today?](https://preview.redd.it/cr0bas3bdsi71.jpg?width=1017&amp;format=pjpg&amp;auto=webp&amp;s=9f0e0b1602f9d6436ebd0b3a3813389965314964)\n\nThis is my favorite figure. Imagine this: you had X number of dollars in 2016 and you decided to split all that money up evenly across the top 5 coins only... you would be up 12,726% today.\n\nTop 10 only? 8,448% gain\n\nTop 25? 11,027% gain\n\nThe BOTTOM 50 coins? You\'d **still be up 2,133%**. That\'s more than a 20x increase if you\'d evenly invested into the bottom 50 coins and didn\'t sell until today.\n\nFor comparison, I added an S&amp;P500 index fund investment over the same 5 years - you\'d be up a very respectable (by stock market standards) 105% in only 5 years... which very, very much beats the average rate of return for the S&amp;P500 on a long-term historical basis. That still pales in comparison to even the worst-case investment of throwing money at the 50 bottom coins in my above example, returning less than 5% of what you would get with that bottom 50 investment plan.\n\n**Keep in mind:** past performance neither guarantees or predicts future returns. If you invested in any of the above subsets right now and held for 5 years, you may or may not see similar results - I would only recommend people never invest more than they can afford to lose when it comes to cryptocurrencies.\n\ntl;dr: the top 100 coins on average did quite well, especially if you invested in more of them evenly rather than trying to pick 1-2 (although 9 of the top 10 increased dramatically).', 'https://www.reddit.com/r/CryptoCurrency/comments/p90ole/i_graphed_whether_the_top_100_coins_from_2016/', 'p90ole', [['u/udemygodx', 13, '2021-08-22 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/p90ole/i_graphed_whether_the_top_100_coins_from_2016/h9ukn8v/', 'wtf is MaidSafeCoin? Ancestors of all the BSC tokens out there? lol', 'p90ole']]], ['u/Smurdy_McMurdy', 'Landlord wants me to pay security deposit in BitCoin, scam?', 29, '2021-08-22 00:37', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/', 'Hello everyone, I could use the help of some experienced germans. I found an apartment through WG-gesucht. The landlord contacts me and is not currently in germany. She sends the lease to me via e-mail, which I have yet to sign. And in the bottom of the agreement it says that I should pay the deposit of €1000 in BitCoin before she posts me the keys to Sweden. Sound like a scam?\n\nDanke!', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/', 'p90u8u', [['u/thewindinthewillows', 82, '2021-08-22 07:03', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/h9vk01y/', 'Holy shit, yes.\n\nRead the first two pages here: https://www.reddit.com/r/germany/wiki/living\n\nThe deposit (or rather the first third of it) is due at the start of the contract, with three working days grace period. That means you have seen the place, signed a contract, and hold the keys.', 'p90u8u'], ['u/33manat33', 11, '2021-08-22 07:07', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/h9vkcck/', "Don't ever trust someone who wants to send you keys and demands money up front. They will just take your money and disappear.", 'p90u8u'], ['u/Alx_von_H-Berg', 57, '2021-08-22 07:19', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/h9vlh1m/', 'Every contract where the other party says he is currently not in town is a scam. Did you maybe also need to send them some ID papers? That’s the first part of the scam most of the time.', 'p90u8u'], ['u/Papa_Nurgle_84', 11, '2021-08-22 07:51', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
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 Sunday. Reversing a 1.01% decline on Saturday, Bitcoin ended the week up by 4.77% to $49,266.0. After a range-bound start to the day, Bitcoin rose to a late morning high $49,469.0 before hitting reverse. Falling short of the first major resistance level at $49,677, Bitcoin fell to a mid-afternoon intraday low $48,086.0. Bitcoin fell through the first major support level at $46,108 before a late rally to an intraday high $49,488.0. Continuing to fall short of the first major resistance level, Bitcoin eased back to end the day at sub-$49,300 levels. The near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 (-0.04%), Bitcoin Cash SV (-0.52%), Crypto.com Coin (-0.01%), and Polkadot (-1.45%) saw red on the day. It was a bullish day for the rest of the majors. Cardano’s ADA rallied by 11.10% to lead the way. Chainlink (+0.51%), Ethereum (+0.47%), Litecoin (+3.48%), and Ripple’s XRP (+0.91%) also found support. For the week ending 22 nd August, it was also a mixed week for the majors. Cardano’s ADA jumped by 24.87% to lead the way, with Polkadot rallying by 14.06%. Binance Coin (+8.32%), Chainlink (+0.47%), and Crypto.com Coin (+3.19%) also joined Bitcoin in the green. It was a bearish week for the rest of the majors, however. Bitcoin Cash (-2.06%), Ethereum (-2.10%), Litecoin (-0.65%), and Ripple’s XRP (-4.55%) ended the week in the red. In the week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Saturday high $2,124bn. At the time of writing, the total market cap stood at $2,082bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.56%. This Morning At the time of writing, Bitcoin was up by 0.09% to $49,310.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,246.2 before rising to a high $49,439.9. Story continues 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, Crypto.com Coin was up by 1.33% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $48,947 pivot to bring the first major resistance level at $49,807 into play. Support from the broader market would be needed for Bitcoin to break back through to $49,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $50,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $50,349. A fall through the $48,947 pivot would bring the first major support level at $48,405 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$47,000 levels. The second major support level $47,545 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – August 23rd, 2021 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1800.00, Weakens Under $1774.60 AUD/USD Forex Technical Analysis – Short-Covering Ahead of Jackson Hole Summit Underpinning Aussie Peloton Could Rally After Earnings Private Sector PMIs Put the EUR, the GBP, and the Greenback in the Spotlight Hunting Bargains Propel Oil Bulls High', 'Bitcoin , BTC to USD, rose by 0.88% on Sunday. Reversing a 1.01% decline on Saturday, Bitcoin ended the week up by 4.77% to $49,266.0. After a range-bound start to the day, Bitcoin rose to a late morning high $49,469.0 before hitting reverse. Falling short of the first major resistance level at $49,677, Bitcoin fell to a mid-afternoon intraday low $48,086.0. Bitcoin fell through the first major support level at $46,108 before a late rally to an intraday high $49,488.0. Continuing to fall short of the first major resistance level, Bitcoin eased back to end the day at sub-$49,300 levels. The near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 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 (-0.04%), Bitcoin Cash SV (-0.52%), Crypto.com Coin (-0.01%), and Polkadot (-1.45%) saw red on the day. It was a bullish day for the rest of the majors. Cardano’s ADA rallied by 11.10% to lead the way. Chainlink (+0.51%), Ethereum (+0.47%), Litecoin (+3.48%), and Ripple’s XRP (+0.91%) also found support. For the week ending 22 nd August, it was also a mixed week for the majors. Cardano’s ADA jumped by 24.87% to lead the way, with Polkadot rallying by 14.06%. Binance Coin (+8.32%), Chainlink (+0.47%), and Crypto.com Coin (+3.19%) also joined Bitcoin in the green. It was a bearish week for the rest of the majors, however. Bitcoin Cash (-2.06%), Ethereum (-2.10%), Litecoin (-0.65%), and Ripple’s XRP (-4.55%) ended the week in the red. In the week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Saturday high $2,124bn. At the time of writing, the total market cap stood at $2,082bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.56%. This Morning At the time of writing, Bitcoin was up by 0.09% to $49,310.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,246.2 before rising to a high $49,439.9. Story continues 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, Crypto.com Coin was up by 1.33% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $48,947 pivot to bring the first major resistance level at $49,807 into play. Support from the broader market would be needed for Bitcoin to break back through to $49,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $50,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $50,349. A fall through the $48,947 pivot would bring the first major support level at $48,405 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$47,000 levels. The second major support level $47,545 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – August 23rd, 2021 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1800.00, Weakens Under $1774.60 AUD/USD Forex Technical Analysis – Short-Covering Ahead of Jackson Hole Summit Underpinning Aussie Peloton Could Rally After Earnings Private Sector PMIs Put the EUR, the GBP, and the Greenback in the Spotlight Hunting Bargains Propel Oil Bulls High', 'Dogecoin Dogecoin fell by 0.60% on Sunday. Following a 3.24% decline on Saturday, Dogecoin ended the week down by 7.43% to $0.3150. A mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3219 before hitting reverse. Falling short of the first major resistance level at $0.3263, Dogecoin slid to a late afternoon intraday low $0.3050. Dogecoin fell through the first major support level at $0.3110. Finding support at the second major support level at $0.3050, Dogecoin moved back through the first major support level to end the day at $0.315 levels. At the time of writing, Dogecoin was up by 0.14% to $0.3154. A mixed start to the day saw Dogecoin fall to an early morning low $0.3148 before rising to a high $0.3194. Dogecoin left the major support and resistance levels untested early on. For the day ahead Dogecoin would need to avoid the $0.3140 pivot to bring the first major resistance level at $0.3229 into play. Support from the broader market would be needed, however, for Dogecoin to break back through to $0.32 levels. Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.3219 would likely cap any upside. In the event of a breakout, Dogecoin could test the second major resistance level at $0.3309. A fall through the $0.3140 would bring the first major support level at $0.3060 into play and the 23.6% FIB of $0.3016 into play. Barring an extended sell-off, however, Dogecoin should steer clear of the second major support level at $0.2971. Looking at the Technical Indicators First Major Support Level: $0.3060 Pivot Level: $0.3140 First Major Resistance Level: $0.3229 23.6% FIB Retracement Level: $0.3016 38.2% FIB Retracement Level: $0.3859 62% FIB Retracement Level: $0.5221 Please let us know what you think in the comments below . Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Confirmation of Closing Price Reversal Bottom Shifts Momentum to Upside Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 23rd, 2021 Bitcoin Slams $50,000, First Time Since May Peloton Could Rally After Earnings The Crypto Daily – Movers and Shakers – August 23rd, 2021 Oil Price Fundamental Daily Forecast – Money Managers Cut Long Positions as Bearish Outlook Deepens', 'Dogecoinfell by 0.60% on Sunday. Following a 3.24% decline on Saturday, Dogecoin ended the week down by 7.43% to $0.3150.\nA mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3219 before hitting reverse.\nFalling short of the first major resistance level at $0.3263, Dogecoin slid to a late afternoon intraday low $0.3050.\nDogecoin fell through the first major support level at $0.3110.\nFinding support **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: 2021-08-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $935,390,804,200 - Hash Rate: 152339629.77888831 - Transaction Count: 270736.0 - Unique Addresses: 648964.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates with mid-afternoon trading) * European shares fall, Asian stocks at 2021 lows * Bitcoin jumps on short-covering, Amazon speculation * Govt bond yields post sizable drop * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Koh Gui Qing NEW YORK, July 26 (Reuters) - U.S. stocks touched record highs in choppy trade on Monday and the dollar weakened, as investors avoided making new and bold bets before this week's Federal Reserve policy meeting that might offer clues on the outlook for monetary policy. The performance in U.S. shares contrasted with sharp losses in Asia overnight, when MSCI's broadest index of Asia-Pacific shares outside Japan fell 2.1% to its lowest since December, hurt by concerns over tighter regulations in China. In the United States, investors will closely parse comments by Federal Reserve Chair Jerome Powell on Wednesday after a two-day policy meeting for clues on how the central bank will start tapering its asset purchases, its assessment of inflation risks, and the future of interest rates. "Powell will likely highlight that the recovery is on track but COVID remains a key downside risk," analysts at Bank of America said, adding that details about the Fed's tapering of asset purchases would probably be revealed in future meetings. By afternoon, U.S. shares were still vacillating between modest gains and losses. The Dow Jones Industrial Average rose 56.2 points, or 0.16%, to 35,117.74. The S&P 500 gained 4.6 points, or 0.1%, to 4,416.38 and the Nasdaq Composite dropped 13.5 points, or 0.09%, to 14,823.54. In a sign that risk appetite remained firm on Wall Street, bitcoin, the world's biggest cryptocurrency and sometimes an indicator of the demand for risk, soared 12% to $39,671.41, while ether jumped 7.8% to $2,365.24. Speculation that online retailing giant Amazon might accept bitcoin as payment sparked the latest rally, and short sellers covering their positions added to the surge. On the other hand, the U.S. dollar, which usually benefits when investors are seeking safety, softened as investors turned their attention to the Fed meeting. The dollar index fell 0.301% to 92.612, but not far from a 3-1/2-month high of 93.194 struck last week. A softer dollar bolstered the euro, which gained 0.28% to $1.1804. The dollar has gained nearly 4% from a low on May 25 as an improving U.S. economy bolstered the outlook for the Fed to start paring asset purchases as early as this year. Indeed, investors have been pulling money out of Asian and emerging market stocks and U.S. shares instead, attracted by forecast-beating earnings and a recovery in the U.S. economy. Bond markets have remained remarkably untroubled by the prospect of eventual tapering. Yields on U.S. 10-year notes have fallen for four weeks in a row - they slipped to a low of 1.221% on Monday before edging back up to 1.272%. But the drop in Treasury yields has done little to undermine the dollar, in part because European yields have fallen even further amid expectations of continued massive bond-buying by the European Central Bank. Gold prices also weakened as investors turned cautious ahead of the Fed policy meeting. Spot gold dropped 0.3% to $1,796.82 an ounce, while U.S. gold futures gained 0.05% to $1,798.70 an ounce. Oil prices reversed earlier losses, buoyed by views that a tight supply for the rest of the year will support prices. U.S. crude recently fell 0.01% to $72.06 per barrel while Brent was at $74.50, up 0.54% on the day. (Additional reporting by Wayne Cole in Sydney and Dhara Ranasinghe in London; Editing by Nick Macfie, Alex Richardson and Dan Grebler)... - Reddit Posts (Sample): [['u/Silver-Berry-7073', 'Very bullish', 36, '2021-08-23 00:07', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/', "Damn I have never been so bullish on a project like qnt since I lost the train on eth last year! Qnt is next in line to get to btc and eth level in my opinion. With low supply and savy technological advancement, I think it's only matter of time! My friend suggested me this project and when I did the research I was mind blown! You guys should count your selvs lucky if are holding some qnt. Some people are ohh this is to expensive! Well I told them we will see in the coming years.", 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/', 'p9m3pg', [['u/[deleted]', 17, '2021-08-23 00:18', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/h9ynbet/', 'I only found out about this coin last week I have fallen in love with it love it more than eth I think this coin is on par with btc it’s definitely will be easily the top 5 crypto In the future', 'p9m3pg'], ['u/Silver-Berry-7073', 13, '2021-08-23 00:21', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/h9ynq47/', 'I agree as more attention is coming, just keep stacking when ever you can! Just bought 3 this week. So just keep buying whenever you can', 'p9m3pg'], ['u/universepath', 18, '2021-08-23 04:17', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/h9zgrxm/', 'So happy I got in relatively early on QNT. All of the people who bought early are holding because we know what we hold. QNT will change the world. If you’re here, you’re early.', 'p9m3pg']]], ['u/compleks_inc', 'Monero update.', 11, '2021-08-23 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/p9m5wt/monero_update/', " Greetings Reddit.\n\nI am after some opinions on XMR at its current price.\n\nI am currently holding BTC, ETH and ADA. My basic crypto stretegy so far has been buy and hold, and top up either when I can afford to or when the market dips. Bonus if the two coincide. \n\nI have a little money in savings now, and I am considering either topping up what I have, or looking at a new crypto investment. I haven't heard Monero mentioned recently and wondering what your current thoughts are?\n\nCheers.\n\n&amp;#x200B;\n\nPS. Also, I don't know much about Monero other than the fact that transactions are annonyous and that seems to be a big point of difference for various reasons. If you have any good sources for information regarding XMR I would like to read up and learn a bit more about the technology as well.\n\nThank you.", 'https://www.reddit.com/r/CryptoCurrency/comments/p9m5wt/monero_update/', 'p9m5wt', [['u/udemygodx', 11, '2021-08-23 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/p9m5wt/monero_update/h9yms6f/', "monero is one of the undervalued coins. it is the best privacy coin out there. i think in some years people will learn how important privacy is and monero will sky rocket so im dca'ing into it.", 'p9m5wt']]], ['u/iLikeTheStalk', "A Primer on XRP (and why Market Cap doesn't apply)", 10, '2021-08-23 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/p9mcza/a_primer_on_xrp_and_why_market_cap_doesnt_apply/', '# Abstract (TLDR): \n\n* XRP is a bridge currency. \n* Market Capitalization as a metric is not applicable to currencies.\n\nBefore going any further, I want to stress that this is not a rocketship-to-the-moon emoji post. I believe in XRP for the LONG term, and am not suggesting a price valuation or timeframe. The point of this post is to explain why Market Cap is not a valid metric for determining the potential price of this financial instrument. \n\n*Disclaimer: This isn\'t financial advice. Make your own decisions, never invest more than you can safely lose, and don\'t let it keep you up at night worrying (although fantasizing about the possibilities is ok!)*\n\n# WHAT IS MARKET CAP?\n\n**Market Capitalization** ([Market Cap](https://www.investopedia.com/terms/m/marketcapitalization.asp)): The [total dollar market value](https://www.investopedia.com/ask/answers/011215/what-difference-between-intrinsic-value-and-current-market-value.asp) of a company\'s outstanding shares of stock. Commonly referred to as "market cap," it is calculated by multiplying the total number of a company\'s outstanding shares by the current market price of one share. \n\nThe simplified idea that the equation refers to the total number of **any asset** in circulation multiplied by **the last sold price of that asset** is where I see most people going wrong. Understandably, it\'s an extremely simple formula, and I\'m sure most of the people who are new in the crypto space feel much smarter after learning it, but Market Cap doesn\'t apply in the context of cryptocurrencies; it is a metric used *strictly for the purposes of the valuation of businesses that are also the issuers of a security (stock)*.\n\nBut XRP is not a security (as the SEC case will show). It’s value is not dependent on the profit and loss of a company, or their ability to bring to market any goods or services. XRP is a new form of currency, with a specific use case.\n\n# WHAT IS XRP?\n\nIn case you haven\'t researched XRP yet, it is a financial instrument, the primary use of which is to act as a bridge currency between banks in order to transfer funds internationally. XRP is the token created by Ripple Labs, and is used on the XRPLedger to facilitate the transfer of funds nearly instantly (transfers take about 3 seconds). For anyone who has ever purchased anything with a Proof of Work coin (BTC, ETC 1.0), I\'ll say that again: **Transfers take about 3 SECONDS**.\n\nXRP is meant to replace SWIFT, which is the slow, archaic, existing method for international funds transfers created in the 1970\'s which banks still use today. Despite the development of the internet, blockchain, and the possibility for nearly instantaneous transfer of information via secure, regulated, compliant methods, SWIFT still takes multiple days to complete an international transfer, which - as everyone who has ever traded FOREX knows - can be a risky waiting game. Because of the potential for the value of currencies to fluctuate wildly in that time, there are always fees associated with these transfers, the amount of which can vary. In comparison, the cost to transfer or transact with XRP is **0.00001 XRP**.\n\nOn top of the wait, and the fees, banks are required to hold the local currencies of the countries that they transfer to in order to facilitate these transfers. Ripple Labs solved this problem with XRP by offering On Demand Liquidity through it\'s xRapid product. This allows the banks to free up capital on their balance sheets, opting instead to use XRP as a reserve currency.\n\n**As far as use-cases in the crypto space go, this is the Holy Grail.** \n\n* Near instantaneous transfers\n* Stable, minimal fees\n* On Demand Liquidity\n\nWow! What an awesome product, right? The banking industry thinks so too. In fact, Ripple is currently partnered with some of the largest financial institutions in the world. Here\'s an infographic from 2020:\n\n&amp;#x200B;\n\n*Processing img ab7lue8r6kh71...*\n\nAnd it gets better: Ripple is creating new [partnerships](https://ripple.com/customers/#) all the time. On top of that, new banks are opening around the world every day, and now have options when it comes to transferring money internationally. In case you haven\'t heard of the [Jevon\'s Paradox](https://en.wikipedia.org/wiki/Jevons_paradox) this is a prime example of the growth of an economic industry as technology increases in efficiency. \n\n# Which leads me to the idea of price. \n\nThe price of a coin is based on supply and demand. The greater the demand, the higher the price. When it comes to XRP supply, all 100 billion coins have already been minted, with around 45 billion having been released (the majority of which are currently held in wallets and on exchanges) and around 55 billion locked into [escrow](https://ripple.com/dev-blog/explanation-ripples-xrp-escrow/) to be released monthly via smart contracts. Whatever is not sold for that month gets rolled back into escrow. This means that the amount of LIQUID XRP available to meet demand is relatively low (though, as I said, it fluctuates monthly as more coins are released into circulation, and put back in escrow). \n\nTo take the scarcity of supply a step further, XRP has a Burn Rate of 0.00001 XRP per every transaction that is processed - making it an inherently deflationary currency.\n\n# In conclusion:\n\nUsing the Market Cap argument against XRP is like saying that another currency (Euros, Pesos, Yuan, etc.) could NEVER be worth $$$USD, because that would mean that country is worth more than it possibly could be.\n\nThank you for reading, and I look forward to seeing the discussion on this topic.\n\n*For an excellent (and hilarious) breakdown on the fallacy of Market Cap in the crypto space, check out this post by* [*Galgitron - The Myth of Market Cap v2*](http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2)*.*', 'https://www.reddit.com/r/CryptoCurrency/comments/p9mcza/a_primer_on_xrp_and_why_market_cap_doesnt_apply/', 'p9mcza', [['u/108record', 11, '2021-08-23 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/p9mcza/a_primer_on_xrp_and_why_market_cap_doesnt_apply/h9ypgou/', 'Exactly, XRP is undervalued AF', 'p9mcza']]], ['u/StopAndThinkPleaseTy', 'I think I am starting to understand...', 50, '2021-08-23 00:24', 'https://www.reddit.com/r/Bitcoin/comments/p9meh9/i_think_i_am_starting_to_understand/', "I am starting to see the bigger picture of Bitcoin. Imagining a world where everyone uses Bitcoin, which further strengthens the security of the network as a whole. It'll be like the borg. It will be eternal. Everyone working cooperatively while they mine. No violence. No greedy evil banks or government systems exploiting their citizens.\n\nI don't know how the inner workings of... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.