instruction
stringlengths
360
10.3k
input
stringlengths
894
26.7k
output
stringclasses
1 value
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['We’re barely through two months of the year, and already 2022 is proving to be a very difficult year for investors. Supercharged inflation, war in Europe, sky-high energy prices, constrained supply chains, a global semiconductor shortage and tightening monetary policy have created a vortex of bad conditions for markets around the world. Stocks to sell seems to be the only vogue option at this moment in time, as growth is hard to come by. Less than 10 weeks into the year and the S&P 500 and Nasdaq indexes are each in correction territory having fallen more than 10%, and the Dow Jones Industrial Average is right behind them, down 8% year-to-date. Most stocks, with the exception of energy and commodities, are down, with sectors such as technology and auto getting hit particularly hard. 7 Dividend Stocks to Finance Your Golden Years Many stocks that were flying high last summer are now down 60% or more from their highs, with no bottom in sight. In such a difficult environment, and with volatility and uncertainty running rampant, now might be a good time for investors to acknowledge their losing trades ( painful as that might be ) and hit the sell button before things get any worse. Here are three stocks to sell in March. InvestorPlace - Stock Market News, Stock Advice & Trading Tips PayPal (NASDAQ: PYPL ) Roku (NASDAQ: ROKU ) Meta Platforms (NASDAQ: FB ) Stocks to Sell in March: PayPal (PYPL) PayPal (PYPL) logo overlays daylight photo of corporate building Source: JHVEPhoto / Shutterstock.com Last July, shares of financial technology and online payments company PayPal were sitting at a 52-week high of $310.16. Since then it’s been all down hill. Over the past six months, PYPL stock has declined 66%, including a 48% drop so far this year. At the current level of under $100 a share, the stock is about 70% below its peak reached last summer. And while the share price has made several attempts at recovery since mid-February, they continue to fall back to $100. So, what gives? After all, it was less than a year ago that PayPal was being hailed as a leader in the fintech space and praised for pioneering cryptocurrency transactions on its payments platform. Not anymore. Story continues PYPL stock appears to have been brought to heel by its lofty price-to-earnings ratio that stood at 75 last July, compared to the average P/E ratio for technology growth stocks of 25. The steep selloff in PayPal’s shares has brought the company’s P/E ratio down to a more inviting valuation of 23.92. However, being expensive hasn’t been PayPal’s only problem. The company also issued weak forward guidance when delivering its most recent earnings results, saying it now expects revenue to grow 15% to 17% this year, down from previous guidance of 18% revenue growth. The lowered guidance raised red flags across Wall Street and the share price has been punished ever since. It isn’t all doom and gloom for PayPal. The company’s P/E ratio is now at its lowest level since the company went public in 2015, and PayPal facilitated $1 trillion worth of payments last year, its most ever. That said, it is likely to be some time before PYPL stock recovers in a meaningful way. As investors continue to rotate out of growth stocks in favor of value and cyclical securities, PayPal looks destined to be left behind over the near-term. Roku (ROKU) media stocks to buy roku Source: jejim / Shutterstock.com Things have gone from bad to worse to downright terrible for Roku. Shares of the company that makes internet-connected television sets and sells online advertisements have declined 68% over the past six months. So far this year, ROKU stock has fallen 53% to now trade at $106.61 a share, down 78% from a 52-week high of $490.76. The fall from grace for this once promising tech name has been due to slowing growth, disappointing earnings and weak forward guidance — a witches brew of bad news for any stock. The shares basically fell off a cliff in mid-February after the company’s latest earnings caused Wall Street analysts and investors to write off the San Jose, California-based company. In its fourth-quarter 2021 print, Roku said that its sales totaled $865 million, which was below the $894 million that analysts had been looking for. Worse, the company guided for year-over-year revenue growth in the current first quarter of 25%, a marked slowdown from 33% annualized revenue growth in Q4. 8 Strong Uptrend Stocks to Buy on the Next Dip Investors seemed to spend a split second digesting this news before hitting the “sell” button. The day after Roku’s fourth quarter results were made public, the company’s stock price sank more than 20% . Investors still holding on should stop as ROKU stock is unlikely to turn around until the company demonstrates sustained growth. And how soon is that likely to happen? Exactly. Stocks to Sell in March: Meta Platforms (FB) Image of multiple facebook icons Source: TY Lim / Shutterstock.com Yes it’s cheap. And yes it can rebound. But, as with the other stocks on this list, how long will it take the company formerly known as Facebook to recover from the sharp selloff in its stock? In the case of Meta Platforms, it’s likely going to take longer than most . The reasons for this are twofold. First, the company led by Mark Zuckerberg is undergoing a major transformation. Beyond the rebrand from Facebook to Meta, the company is pivoting to focus on developing the “metaverse,” a virtual reality world that is largely theoretical at this point and has its share of skeptics. Second, Facebook’s online advertising revenue, long the company’s cash cow, is being challenged as never before. Will Meta Platforms ultimately succeed in creating a metaverse where consumers strap on virtual reality headsets and interact with each other in a digital universe? It’s a toss up. More immediately, the company is struggling with its advertising business model as Apple (NASDAQ: AAPL ) and Google parent company Alphabet (NASDAQ: GOOG , GOOGL ) make it harder to carry out targeted online advertising. In its most recent earnings report , Meta announced that its ad revenue declined for the first time in the company’s 18-year history. This helps to explain why FB stock is down 44% year-to-date at under $190 a share. A P/E ratio of 16 isn’t going to do much good while the company’s business model is in turmoil . Meta is a prime example of stocks to sell. On the date of publication, Joel Baglole held long positions in AAPL and GOOGL. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 ‘Forever Battery’ Stock It doesn’t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post 3 Stocks to Sell in March 2022 appeared first on InvestorPlace .', 'We’re barely through two months of the year, and already 2022 is proving to be a very difficult year for investors. Supercharged inflation, war in Europe, sky-high energy prices, constrained supply chains, a global semiconductor shortage and tightening monetary policy have created a vortex of bad conditions for markets around the world. Stocks to sell seems to be the only vogue option at this moment in time, as growth is hard to come by.\nLess than 10 weeks into the year and theS&P 500andNasdaqindexes are each incorrection territoryhaving fallen more than 10%, and theDow Jones Industrial Averageis right behind them, down 8% year-to-date. Most stocks, with the exception of energy and commodities, are down, with sectors such as technology and auto getting hit particularly hard.\n• 7 Dividend Stocks to Finance Your Golden Years\nMany stocks that were flying high last summer are now down 60% or more from their highs, with no bottom in sight. In such a difficult environment, and with volatility and uncertainty running rampant, now might be a good time for investors to acknowledge their losing trades (painful as that might be) and hit the sell button before things get any worse. Here are three stocks to sell in March.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\n• PayPal(NASDAQ:PYPL)\n• Roku(NASDAQ:ROKU)\n• Meta Platforms(NASDAQ:FB)\nSource: JHVEPhoto / Shutterstock.com\nLast July, shares of financial technology and online payments company PayPal were sitting at a 52-week high of $310.16. Since then it’s been all down hill. Over the past six months, PYPL stock has declined 66%, including a48% dropso far this year. At the current level of under $100 a share, the stock is about 70% below its peak reached last summer. And while the share price has made several attempts at recovery since mid-February, they continue to fall back to $100.\nSo, what gives? After all, it was less than a year ago that PayPal was being hailed as a leader in the fintech space and praised for pioneering cryptocurrency transactions on its payments platform. Not anymore.\nPYPL stock appears to have been brought to heel by its lofty price-to-earnings ratio that stood at 75 last July, compared to the average P/E ratio for technology growth stocks of 25. Thesteep selloffin PayPal’s shares has brought the company’s P/E ratio down to a more inviting valuation of 23.92. However, being expensive hasn’t been PayPal’s only problem.\nThe company also issued weak forward guidance when delivering its most recent earnings results, saying it now expects revenue to grow 15% to 17% this year, down from previous guidance of 18% revenue growth. The lowered guidance raised red flags across Wall Street and the share price has been punished ever since.\nIt isn’t all doom and gloom for PayPal. The company’s P/E ratio is now at its lowest level since the company went public in 2015, and PayPal facilitated $1 trillion worth of payments last year, its most ever. That said, it is likely to be some time before PYPL stock recovers in a me **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: 2022-03-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $742,610,045,756 - Hash Rate: 213647372.0625779 - Transaction Count: 225148.0 - Unique Addresses: 592255.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Recently, a popular financial Twitter (or #FinTwit) personality joined the financial TV channel Real Vision and said that “bitcoin is a pretty terrible form of money.” The same day, Fidelity Digital Assets released a report called “ Bitcoin First: Why investors need to consider bitcoin separately from other digital assets ,” claiming that “Bitcoin is best understood as a monetary good. Bitcoin is likely to be the primary monetary good and another digital asset is not likely to supersede bitcoin in this role.” How can financial experts come to these vastly different conclusions? The answer lies in a misunderstanding of what money is. This article originally appeared in Crypto for Advisors , CoinDesk’s weekly newsletter defining crypto, digital assets and the future of finance. Sign up here to receive it in your inbox every Thursday. What is money, really? What is money? It’s one of my favorite questions to ask clients. There is no right or wrong answer, and financial advisors rarely ask this question themselves. The key to understanding bitcoin is learning monetary history and gaining knowledge of digital networks. We’ll focus on deconstructing what money is for the first part of this series. Throughout history, we’ve moved from physical primitive goods, such as money like seashells and wampum, to physical metals like gold and silver to paper receipts backed by physical metals to government-issued fully fiat currencies. “The better the money is at holding its value, the more it incentivizes people to delay consumption and instead dedicate resources for production in the future, leading to capital accumulation and improvement of living standards,” economist Saifedean Ammous wrote in his book “The Bitcoin Standard.” We’ve only known a fiat system during our lifetimes, so it’s not easy to comprehend anything else. Money is what we receive for the economic output we provide to society. Instead of needing a scale to weigh out precious metals, we have a scale in that dollars are our unit of account and our measuring stick on what something costs. Money allows us to specialize and become an expert and pay for expertise from others. Money provides for trade. Story continues Money’s five critical traits Money does not need to increase in quantity to be effective; it needs to have five critical traits – divisibility, scarcity, portability, recognizability and durability. Gold was money for thousands of years, and an ounce of gold in Roman times bought a tailored tunic, in the 1970s a fitted suit and today a broad array of fine custom suits. Gold, while having scarcity, durability and recognizability, fails miserably at being divisible and portable. Gold receipts and fiat currency solved this issue and allowed global trade to expand. Fiat currency is outstanding at solving for divisibility, portability and recognizability. The problems lie in scarcity and durability, again missing the mark at being optimal money. Bitcoin has all five properties of money , but, like any money in existence, the demand needs to be there. In a previous article for this newsletter on bitcoin and inflation , I shared data highlighting the growth of demand for bitcoin. NYDIG recently shared that Bitcoin processed $3.0 trillion worth of payments in 2021 , exceeding the transaction volume of American Express ($1.28 trillion) and Discover ($504 billion). How bitcoin functions as money The stages of monetization for any object over history has followed a similar cycle: the object being collectible, a storage of value, a medium of exchange and a unit of account. Until fiat currency, part of what gave something value was the difficulty in obtaining it or the time to create it. Bitcoin solves this value proposition by its mining process , called proof-of-work , and the difficulty adjustment, which allows the mining network to adjust up or down the computing power needed to solve for the next block. The difficulty adjustment goal is to help ensure the supply schedule remains very predictable, which is a new block every 10 minutes. It’s an effective, yet simple, solution to a very complicated computer science problem for distributed consensus networks. Bitcoin mining is costly and time-consuming, yet the verification of the transactions by nodes on the network located around the globe is effortless and almost free. Bitcoin’s most significant benefit is having a final settlement in a digital world in record time, leveraging the mainchain or the Lighting network , depending on the needs of the parties involved. (When measuring speed, you must include “final” settlement – for example, credit card transactions are not finalized before 24 hours .) The future of money Money is what allows individuals and businesses to function and thrive. Money that has all five key traits – divisibility, scarcity, portability, recognizability and durability – helps to enhance trade and economies, as all actors use the same unit of measure. Imagine for a minute we are playing Monopoly, and I am the banker – and in each round, instead of abiding by the rules established at the beginning of the game, I institute a new tweak or change. How do you strategize for your turn? How do you plan for the roll after this one? Money is no different, as individuals and businesses make these decisions subconsciously. And when we all use the same ruler to measure goods and services, that unlocks a more productive society and economy. In my view, bitcoin as money makes that a possibility – it allows for savings , not credit, to be what families run on, quick and inexpensive payments, and an incentive structure to reward value creation. By producing value and living within your means, your purchasing power can increase by simply saving – not decrease like it does today. Bitcoin is a nearly $1 trillion asset today in a world that is orders of magnitude larger. As Bitcoin becomes a teenager in 2022, what could a world using bitcoin as money be like? In part two of this series, join me as we unpack that world.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['For starters, the dog-themed digital token was launched in August 2020 by an anonymous developer named Ryoshi. Its case is akin to that of Bitcoin and Satoshi Nakamoto. One of its core goals was to rival dogecoin . In fact, it is dubbed \x93doge killer\x94. But unlike dogecoin, it is developed on the Ethereum network. This means it is compatible with Ethereum, and its ecosystem supports decentralized exchanges and NFTs . In fact, it has a DEX known as Shibaswap. The supply of SHIB is abundant, with a total supply of one quadrillion tokens. Historic Data and Increasing Trade Volume One of the factors that caused the massive growth was the loyal support base. Shiba Inu is 100 percent controlled by its community. Elon Musk endorsed the coin, boosting its demand after announcing his intention to own a Shiba puppy. The price skyrocketed 300% after the tweet. However, the price of Shiba Inu has declined significantly from an all-time high of $0.00008 to $0.00002209, ranking 15th largest cryptocurrency. The good news is that SHIB is positive, setting it for a rebound. The daily trading volume has increased to $800 million after falling to around $480 million. However, the weekly trading volume is still low. According to data from Yahoo finance , it has only been lower than this week\x92s trading volume three times since the beginning of the year. But the number of holders has increased from around 1.1 million at the beginning of the year to around 1.19 million. Shiba Inu Predictions CryptoPredictions.com predicts for Shiba Inu to reach $0.00003705 in March. In the second quarter, the price is expected to range between $0.00002537 and $0.00003770. The monthly average price of Shiba Inu is forecasted to cross $0.00003 in May. An uptrend will see the price of Shiba reach a maximum price of $0.000038 in the third quarter. However, the momentum is expected to dwindle. During the period the price is predicted to reach a maximum of $0.00003791. The meme coin value is predicted to fall if bears take control of the market. However, it will find support at $0.00002578 in the last quarter. Story continues Why Shiba Inu is Set for Growth AMC Accepts Shiba Inu Payments AMC will accept SHIB payments. AMC is the largest movie exhibition in the globe, with 950 theaters. It currently accepts Bitcoin, Litecoin, Bitcoin Cash, and Ether. Customers will pay online on the AMC website by March 16th and the apps by April 16th. Increasing Shiba Inu Adoption in Turkey Yet another development that could push the price of Shiba Inu upwards is the increased adoption of the meme coin in Turkey. The country\x92s economic minister met with the Shiba community to discuss Shiba Inu. The meeting comes as the Turkish lira is on a free-fall after one of the highest inflation to hits the country. The currency lost 44% in 2021. New Utilities The future of cryptocurrencies seems pegged on their utilities. Digital tokens with excellent use cases appeal most to investors and hence enjoy more growth. In October 2021, Shiba Inu released 10000 non-fungible tokens called Shiboshis, which sold out in 35 minutes. Shiboshi will largely be used to play the Shiba Inu game. However, it also gives users exclusive access to the Shiba Inu Metaverse known as Shiberse. Without a doubt, the handful number of the Shiba Inu NFTs is not enough for almost 1.2 million Shiba Inu army to enjoy the metaverse and gaming features. Therefore, it is likely that the ecosystem will add more Shiboshi in the future. Shiba Inu has a native decentralized exchange known as Shibaswap. Just like centralized exchanges, its functions include liquidity pools and swapping. However, the decentralized DEX does not require intermediaries. In addition, it supports governance, staking, and Siboshis NFTs. Technical Analysis SHIB seems to be consolidating around a descending triangle which is a buy signal. We can therefore expect the price to reverse and head upwards. The technical analysis coincides with the increasing holders and trading volume. It is likely that once the bulls take control of the market, they will push the price upwards with strong momentum. The development of the NFT and metaverse endorsement from celebrities could be the trigger to this massive growth. Conclusion on Shina Inu Predictions Shiba Inu is one of the strongest growing cryptocurrencies. In 2021, the cryptocurrency had over 1 million Shiba Inu hodlers. It also benefited from an endorsement from Elon musk. However, the price has dropped. But there is positivity in the recent price decline. It provides an opportunity to buy low. With the increasing volume, Shiba could simulate 2021 growth. This article was originally posted on FX Empire More From FXEMPIRE: May WTI Buyers Eyeing Retracement to $112.99 \x96 116.16 Shiba Inu Price Predictions: SHIB Trade Volume Increases as Outlook Improves Silver Markets for Massive Exhaustion Candle During the Week What A Wyckoff Change of Character May Mean For Gold And Crude Oil USD/CAD Moves Lower As Canada\x92s Job Reports Exceed Analyst Expectations Ripple Welcomes 4000 Creators to Its $250 Million Creator Fund', 'For starters, thedog-themed digital tokenwas launched in August 2020 by an anonymous developer named Ryoshi. Its case is akin to that ofBitcoinand Satoshi Nakamoto.\nOne of its core goals was to rivaldogecoin. In fact, it is dubbed “doge killer”. But unlike dogecoin, it is developed on the Ethereum network. This means it is compatible with Ethereum, and its ecosystem supports decentralized exchanges andNFTs. In fact, it has a DEX known as Shibaswap. The supply of SHIB is abundant, with a total supply of one quadrillion tokens.\nOne of the factors that caused the massive growth was the loyal support base. Shiba Inu is 100 percent controlled by its community. Elon Musk endorsed the coin, boosting its demand after announcing his intention to own a Shiba puppy. The price skyrocketed 300% after the tweet.\nHowever, the price of Shiba Inu has declined significantly from an all-time high of $0.00008 to $0.00002209, ranking 15th largest cryptocurrency. The good news is that SHIB is positive, setting it for a rebound.\nThe daily trading volume has increased to $800 million after falling to around $480 million. However, the weekly trading volume is still low. According to data fromYahoo finance, it has only been lower than this week’s trading volume three times since the beginning of the year.\nBut the number of holders has increased from around 1.1 million at the beginning of the year to around 1.19 million.\nCryptoPredictions.compredicts for Shiba Inuto reach $0.00003705 in March. In the second quarter, the price is expected to range between $0.00002537 and $0.00003770.\nThe monthly average price of Shiba Inu is forecasted to cross $0.00003 in May. An uptrend will see the price of Shiba reach a maximum price of $0.000038 in the third quarter.\nHowever, the momentum is expected to dwindle. During the period the price is predicted to reach a maximum of $0.00003791. The meme coin value is predicted to fall if bears take control of the market. However, it will find support at $0.00002578 in the last quarter.\nAMC will accept SHIB payments.AMCis the largest movie exhibition in the globe, with 950 theaters. It currently accepts Bitcoin, Litecoin, Bitcoin Cash, and Ether. Customers will pay online on the AMC website by March 16th and the apps by April 16th.\nYet another development that could push the price of Shiba Inu upwards is the increased adoption of the meme coin in Turkey. The country’s economic minister met with the Shiba community to discuss Shiba Inu.\nThe meeting comes as theTurkish lirais on a free-fall after one of the highest inflation to hits the country. The currency lost 44% in 2021.\nThe future of cryptocurrencies seems pegged on their utilities. Digital tokens with excellent use cases appeal most to investors and hence enjoy more growth. In October 2021, Shiba Inu released 10000 non-fungible tokens called Shiboshis, which sold out in 35 minutes.\nShiboshi will largely be used to play the Shiba Inu game. However, it also gives users exclusive access to the Shiba Inu Metaverse known as Shiberse.\nWithout a doubt, the handful number of the Shiba Inu NFTs is not enough for almost 1.2 million Shiba Inu army to enjoy the metaverse and gaming features. Therefore, it is likely that the ecosystem will add more Shiboshi in the future.\nShiba Inu has a native decentralized exchange known as Shibaswap. Just like centralized exchanges, its functions include liquidity pools and swapping. However, the decentralized DEX does not require intermediaries. In addition, it supports governance, staking, and Siboshis NFTs.\nSHIB seems to be consolidating around a descending triangle which is a buy signal. We can therefore expect the price to reverse and head upwards.\nThe technical analysis coincides with the increasing holders and trading volume. It is likely that once the bulls take control of the market, they will push the price upwards with strong momentum. The development of the NFT and metaverse endorsement from celebrities could be the trigger to this massive growth.\nShiba Inu is one of the strongest growing cryptocurrencies. In 2021, the cryptocurrency had over 1 million Shiba Inu hodlers. It also benefited from an endorsement from Elon musk. However, the price has dropped. But there is positivity in the recent price decline. It provides an opportunity to buy low. With the increasing volume, Shiba could simulate 2021 growth.\nThisarticlewas originally posted on FX Empire\n• May WTI Buyers Eyeing Retracement to $112.99 – 116.16\n• Shiba Inu Price Predictions: SHIB Trade Volume Increases as Outlook Improves\n• Silver Markets for Massive Exhaustion Candle During the Week\n• What A Wyckoff Change of Character May Mean For Gold And Crude Oil\n• USD/CAD Moves Lower As Canada’s Job Reports Exceed Analyst Expectations\n• Ripple Welcomes 4000 Creators to Its $250 Million Creator Fund', "On Mond **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: 2022-03-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $731,099,192,281 - Hash Rate: 206799699.88108504 - Transaction Count: 208092.0 - Unique Addresses: 554544.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Investment companySummit Place Financial Advisors, LLC(Current Portfolio) buys iShares National Muni Bond ETF, Industrial Logistics Properties Trust, PayPal Holdings Inc, BTC iShares Floating Rate Bond ETF, Prudential Financial Inc, sells FedEx Corp, Ventas Inc, NVIDIA Corp, Encore Wire Corp, Lithium Americas Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Summit Place Financial Advisors, LLC. As of 2021Q4, Summit Place Financial Advisors, LLC owns 100 stocks with a total value of $145 million. These are the details of the buys and sells. • New Purchases:FLOT, PM, AVO, • Added Positions:MUB, ILPT, PYPL, PRU, USDU, CCL, V, BLDP, JPST, DIS, ASHR, BCI, EWH, PFF, SYY, EWY, SBUX, MLM, IWM, ICLN, SCHA, JETS, WELL, OHI, RTX, ALC, EWS, GE, BLI, SCHB, • Reduced Positions:VTR, NVDA, WIRE, SCHX, LYV, LAC, CHWY, MSFT, BX, PEP, COP, ICLK, NFLX, ATVI, XLK, TWNK, XLY, TGT, PG, BABA, ISRG, CSCO, RYT, ABT, XLP, VOO, FDIS, GFF, IHI, XLC, PFE, FTEC, IGLB, IPAY, ROBO, KO, VHT, FCOM, XLI, XLV, ANTM, • Sold Out:FDX, DRW, VZ, JPM, HIG, AXP, PNQI, • MUB 15-Year Financial Data • The intrinsic value of MUB • Peter Lynch Chart of MUB For the details of Summit Place Financial Advisors, LLC's stock buys and sells,go tohttps://www.gurufocus.com/guru/summit+place+financial+advisors%2C+llc/current-portfolio/portfolio These are the top 5 holdings of Summit Place Financial Advisors, LLC 1. Apple Inc (AAPL) - 33,489 shares, 4.11% of the total portfolio. Shares reduced by 0.61% 2. Microsoft Corp (MSFT) - 16,930 shares, 3.94% of the total portfolio. Shares reduced by 3.28% 3. WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) - 175,330 shares, 3.16% of the total portfolio. Shares added by 9.70% 4. iShares Russell 2000 ETF (IWM) - 20,426 shares, 3.14% of the total portfolio. Shares added by 1.29% 5. Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) - 83,544 shares, 2.26% of the total portfolio. Shares added by 4.50% New Purchase: BTC iShares Floating Rate Bond ETF (FLOT) Summit Place Financial Advisors, LLC initiated holding in BTC iShares Floating Rate Bond ETF. The purchase prices were between $50.61 and $50.77, with an estimated average price of $50.71. The stock is now traded at around $50.700000. The impact to a portfolio due to this purchase was 0.35%. The holding were 10,000 shares as of 2021-12-31. New Purchase: Philip Morris International Inc (PM) Summit Place Financial Advisors, LLC initiated holding in Philip Morris International Inc. The purchase prices were between $85.94 and $98.85, with an estimated average price of $93.37. The stock is now traded at around $100.580000. The impact to a portfolio due to this purchase was 0.24%. The holding were 3,662 shares as of 2021-12-31. New Purchase: Mission Produce Inc (AVO) Summit Place Financial Advisors, LLC initiated holding in Mission Produce Inc. The purchase prices were between $15.7 and $20.52, with an estimated average price of $18.57. The stock is now traded at around $13.920000. The impact to a portfolio due to this purchase was 0.19%. The holding were 17,450 shares as of 2021-12-31. Added: iShares National Muni Bond ETF (MUB) Summit Place Financial Advisors, LLC added to a holding in iShares National Muni Bond ETF by 206.15%. The purchase prices were between $114.9 and $116.5, with an estimated average price of $115.82. The stock is now traded at around $114.490000. The impact to a portfolio due to this purchase was 1.31%. The holding were 24,155 shares as of 2021-12-31. Added: Industrial Logistics Properties Trust (ILPT) Summit Place Financial Advisors, LLC added to a holding in Industrial Logistics Properties Trust by 564.77%. The purchase prices were between $21.83 and $28.4, with an estimated average price of $25.22. The stock is now traded at around $22.520000. The impact to a portfolio due to this purchase was 1.08%. The holding were 73,125 shares as of 2021-12-31. Added: PayPal Holdings Inc (PYPL) Summit Place Financial Advisors, LLC added to a holding in PayPal Holdings Inc by 35.49%. The purchase prices were between $179.32 and $271.7, with an estimated average price of $214.83. The stock is now traded at around $162.170000. The impact to a portfolio due to this purchase was 0.35%. The holding were 10,395 shares as of 2021-12-31. Added: Prudential Financial Inc (PRU) Summit Place Financial Advisors, LLC added to a holding in Prudential Financial Inc by 32.78%. The purchase prices were between $100.05 and $114, with an estimated average price of $108.65. The stock is now traded at around $109.440000. The impact to a portfolio due to this purchase was 0.34%. The holding were 18,290 shares as of 2021-12-31. Added: Ballard Power Systems Inc (BLDP) Summit Place Financial Advisors, LLC added to a holding in Ballard Power Systems Inc by 58.17%. The purchase prices were between $11.98 and $19.34, with an estimated average price of $15.11. The stock is now traded at around $9.800000. The impact to a portfolio due to this purchase was 0.17%. The holding were 51,525 shares as of 2021-12-31. Added: JPMorgan Ultra-Short Income ETF (JPST) Summit Place Financial Advisors, LLC added to a holding in JPMorgan Ultra-Short Income ETF by 22.54%. The purchase prices were between $50.45 and $50.59, with an estimated average price of $50.51. The stock is now traded at around $50.450000. The impact to a portfolio due to this purchase was 0.13%. The holding were 20,660 shares as of 2021-12-31. Sold Out: FedEx Corp (FDX) Summit Place Financial Advisors, LLC sold out a holding in FedEx Corp. The sale prices were between $217.87 and $258.64, with an estimated average price of $240.55. Sold Out: WisdomTree Global ex-US Real Estate Fund (DRW) Summit Place Financial Advisors, LLC sold out a holding in WisdomTree Global ex-US Real Estate Fund. The sale prices were between $23.62 and $25.75, with an estimated average price of $24.66. Sold Out: Verizon Communications Inc (VZ) Summit Place Financial Advisors, LLC sold out a holding in Verizon Communications Inc. The sale prices were between $49.77 and $54.53, with an estimated average price of $52.14. Sold Out: JPMorgan Chase & Co (JPM) Summit Place Financial Advisors, LLC sold out a holding in JPMorgan Chase & Co. The sale prices were between $153.94 and $171.78, with an estimated average price of $164.11. Sold Out: The Hartford Financial Services Group Inc (HIG) Summit Place Financial Advisors, LLC sold out a holding in The Hartford Financial Services Group Inc. The sale prices were between $64.97 and $74.1, with an estimated average price of $70.52. Sold Out: PowerShares NASDAQ Internet Portfolio (PNQI) Summit Place Financial Advisors, LLC sold out a holding in PowerShares NASDAQ Internet Portfolio. The sale prices were between $207.94 and $254.12, with an estimated average price of $233.93. Here is the complete portfolio of Summit Place Financial Advisors, LLC. Also check out:1. Summit Place Financial Advisors, LLC's Undervalued Stocks2. Summit Place Financial Advisors, LLC's Top Growth Companies, and3. Summit Place Financial Advisors, LLC's High Yield stocks4. Stocks that Summit Place Financial Advisors, LLC keeps buyingThis article first appeared onGuruFocus.... - Reddit Posts (Sample): [['u/SimleX', 'Ethereum vs Bitcoin security', 29, '2022-03-13 00:46', 'https://www.reddit.com/r/ethereum/comments/tcu25b/ethereum_vs_bitcoin_security/', 'Hey guys \n\n\nI have tried to do my own research regarding this matter and I have probably stumbled across the right answer many times, unable to understand it. So I am asking for layman\'s term in here. \n\n\nWhat sets ETH and BTC apart, security wise? Is there a "one is safer than the other"-answer, or is it subjective? \n\n\nHow will transition to PoS affect security? I know it is more energy-efficient but is it at the sacrifice of securtity? What are the pros and cons. \n\n\nI am 100% sure this is almost regarded as spam in here at this point and I apologize for that. I just want better understanding.', 'https://www.reddit.com/r/ethereum/comments/tcu25b/ethereum_vs_bitcoin_security/', 'tcu25b', [['u/eth10kIsFUD', 18, '2022-03-13 11:45', 'https://www.reddit.com/r/ethereum/comments/tcu25b/ethereum_vs_bitcoin_security/i0h9bep/', 'Good that you are doing your own research. I\'ll try to lead you in the right direction on this:\n\nTo get current security you can ask: How much is needed to 51%?\n\nWith bitcoin you just calculate how many TH/s you need times your price per TH/s, factor in for how long you want to sustain your attack and your electricity cost for this.In the end that\'s just a dollar amount. Because of "economies of scale" you actually get cheaper price per TH/s the more you buy.\n\nSimilar for Ethereum on PoS you calculate how much eth you would need to spin up enough validators, markets probably would not have enough eth, and the more you buy the more expensive it\'s going to get so the market is making it exponentially more expensive (opposite of bitcoin).\n\nAfter attack on bitcoin you are left with a large amount of hardware, after attack on ethereum you are left with a large amount of valueless tokens.\n\nIn the end the communities of both chains will probably fork you out and start a chain from wherever people feel the fraudulent activity started, so I don\'t think these scenarios are realistically a problem.\n\n**It is much more important to look at the long-term security model:**\n\nBitcoin has the "halving" every four years, this halves bitcoins relative security budget (how much money bitcoin is spending on security). The idea was that fees would eventually take over and pay for security. This essentially means bitcoin security = fees paid on-chain. As you may know, bitcoin has not been great at earning fees..\n\nThis leaves bitcoin in a scary situation: somehow get people to pay fees (get demand for transactions) or stop the halvings and break the 21 million limit to continue to have a secure chain. Considering bitcoins social consensus seems to be "don\'t change anything, keep 21 million" this is simply not sustainable.\n\nEthereum on the other hand has no hard cap, this ensures ethereum will continue to have strong relative security. With eip1559 and the merge ethereum will end up being deflationary, good for the environment as well as having very strong sustainable relative security.', 'tcu25b']]], ['u/DyonR', '2022-03-12 - Reverze 2022 | DOWNLOAD', 89, '2022-03-13 03:04', 'https://www.reddit.com/r/hardstyle/comments/tcwk24/20220312_reverze_2022_download/', "2022-03-12 - Reverze 2022 | DOWNLOAD \nSingle sets can be downloaded via a torrent client. \nThe source of the rip for 'Reverze 2022' is their YouTube Stream. \n \n[**The sheet with the sets can be found here**:](https://docs.google.com/spreadsheets/d/1X5CEJHctYGBVR5w9AhPgYRYXZKEtJEZEMEwxA5M72N0/) \n[https://docs.google.com/spreadsheets/d/1X5CEJHctYGBVR5w9AhPgYRYXZKEtJEZEMEwxA5M72N0/](https://docs.google.com/spreadsheets/d/1X5CEJHctYGBVR5w9AhPgYRYXZKEtJEZEMEwxA5M72N0/)\n \n \nIf you use BitTorrent or [μTorrent](https://torrentfreak.com/utorrent-quietly-installs-riskware-bitcoin-miner-users-report-150306/), shame on you. Get a good torrent client like [qBittorrent](https://www.qbittorrent.org/download.php) or [Deluge](https://dev.deluge-torrent.org/wiki/Download), they do not include advertisements and work as well, if not better.\n\n***How to download with qBittorrent*** \n[a **less than 1 minute** tutorial on how to download a liveset if do you do not have qBittorrent yet!](https://i.imgur.com/yaXVs25.mp4) \nUse the pause button if it goes too fast ;) \n \nTo copy a link from the spreadsheet use 'CTRL+C' or any other equivalent for your OS. \n[You can also add all the livesets at once ^(Example)](https://i.imgur.com/sFrjGZ8.mp4)\n\nNote: If you have issues with the download not starting, you can add my seedbox as a peer manually: `188.209.56.15:20117` \n \n[Quick tutorial on how to do this ^(Click) ^(me)](https://i.imgur.com/Dl2XCpH.mp4) \n \n---\n \nIf you are a DJ/Producer/Manager/Event Organisator and wish to have set(s) deleted, please reach out to me in DMs and I'll remove it/them. \nI will ask you verify your identity or affiliation with the DJ/Producer/Manager/Event Organisator. This will be done by, for example, proving ownership of an Instagram account, or sending an email from the company email.", 'https://www.reddit.com/r/hardstyle/comments/tcwk24/20220312_reverze_2022_download/', 'tcwk24', [['u/mczillion_75', 10, '2022-03-13 04:56', 'https://www.reddit.com/r/hardstyle/comments/tcwk24/20220312_reverze_2022_download/i0gbjz9/', "Thank You 💚 Missed the TNT's set now I can watch it 😍", 'tcwk24']]], ['u/wpeironnet', 'When moral is down, you know the time is good', 39, '2022-03-13 05:34', 'https://www.reddit.com/r/CryptoCurrency/comments/tcz2az/when_moral_is_down_you_know_the_time_is_good/', 'I feel like people always suggest DCAing or Dollar Cost Averaging.\n\nObviously as with the stock market and with Bitcoin DCAing has been a proven method to accumulate shares or coins overtime with out trying to time the market when buying or selling. But if you kick this up a notch further I think it would be beneficial.\n\nThe Fear and Greed index is a perfect time to DCA but bigger. Get a little bit bolder with your weekly buys if it’s fearful. If you believe in the long term buying when everyone is selling is awesome. \n\nA discount even.\n\nYou all know the Buffet quote “blah blah blah buy when hoes r mad” and it’s been working out really well for my friends and I. We do buying assets weekly. But now we do try and “time” the market.\n\nAnd by time I mean just buy bigger depending on the index of fear and greed. The more greed the less you buy. The more fear the more you pick up.\n\nI don’t try and time selling right now it’s about picking up and accumulating. Hopefully in the long future Ill never have to sell and can just borrow against my assets.\n\nMay there be fear!', 'https://www.reddit.com/r/CryptoCurrency/comments/tcz2az/when_moral_is_down_you_know_the_time_is_good/', 'tcz2az', [['u/Setyman', 19, '2022-03-13 05:36', 'https://www.reddit.com/r/CryptoCurrency/comments/tcz2az/when_moral_is_down_you_know_the_time_is_good/i0gfrh8/', ">Buy when hoes are mad.\n\nSo... that's like the permanent state of this sub. But got it, will keep buying!", 'tcz2az'], ['u/John-McAfee', 10, '2022-03-13 06:22', 'https://www.reddit.com/r/CryptoCurrency/comments/tcz2az/when_moral_is_down_you_know_the_time_is_good/i0gk953/', 'During a bull run I always curse myself about not buying earlier. But when the market is stagnant, I’m hesitant to invest more. ¯\\\\\\_(ツ)\\_/¯', 'tcz2az']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, March 13, 2022', 40, '2022-03-13 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/tczgpo/daily_discussion_sunday_march_13_2022/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/tczgpo/daily_discussion_sunday_march_13_2022/', 'tczgpo', [['u/DamonAndTheSea', 27, '2022-03-13 06:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/tczgpo/daily_discussion_sunday_march_13_2022/i0givjh/', "Quick take on long term time frames:\n\nMonthly momentum has shifted down since the Nov 2021 top. We have 3 other instances of this happening since 2017 and all of them have led to some capitulation event which washes out the market and allows the cycle to start over.\n\nRight now price is hugging the 20MA monthly which has acted as a very broad over/under for long term price. \n\n\nIn 2017, when monthly lost the 20MA, we saw the large draw down to the lows, in 2019 price bounced only to be anchored by the Covid drop (some would argue this would have held if not for external factors).\n\nCurrently we're flirting with support at this level. One of the things I pay attention to, and what you can see in this chart, is the overextension of the 20MA monthly compared to general trend. Because BTC didn't find some parabolic rally in 2021 as most expected, and while the 20MA monthly isn't terribly overextended, I'm of the mind that potential downside will be equally constricted should all external factors remain the same (admittedly this is a large caveat).\n\nThe monthly chart suggests there is still more downside to come .. but as it's a longer term chart, this might mean that markets rally in the short term before finding final lows months later.\n\nTo counter this .. and something I heard Krown point out is this: The monthly BB's have actually begun to constrict after this last run to the upside (marked in red)... Based 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:** ['Less than 5% of crypto entrepreneurs are women, but a few female founders and influencers are breaking the bias in the world of NFTs and the metaverse.\nData from multiple studies paints a stark picture of thegender-funding gap within the web3 sector.\nResearch from Crunchbase revealed that only 9% of all funds deployed to technology startups went to founding teams that included at least one woman.\nFurthermore, the data showed that start-ups with a solo female founder, or those composed of all-women teams, raised just 2% of all venture capital dollars.\nThis is a missed opportunity, according to a study byPitchBook, which found that startups founded by women outperform those founded by men.\nThe data from the 2019 study reinforced a “correlation between hiring female decision-makers at the investment level and outperformance at the fund level".\nAseparate studyby the Boston Consulting Group (BCG) found that “businesses founded by women ultimately deliver higher revenue”.\nFemale-led start-ups deliver higher returns on investment, nearly 10% more over a five-year period, than those led by men, according to the study.\nCrypto initiatives led by women are rare in a sector dominated by men and are less likely to receive funding from venture capitalists.\nRead more:Club for women in crypto promises to close gender funding gap\nResearch associate Angela Walch at the UCL Centre for Blockchain Technologies, told Reuters: “The crypto world seems to mirror the tech and finance worlds in terms of gender; there are women, but the space is heavily male-dominated.\n“As crypto becomes more mainstream, it is important to have diverse perspectives in creating and running the systems so that better decisions can be made.”\nPushing against the headwinds are the following ten female founders and influencers in the world of NFTs and the metaverse.\nAllyson Downey is one of the co-founders ofMeta Angels, an NFT community that "harnesses metaverse relationships to unlock real life opportunities".\nShe told Yahoo Finance UK that there is still an opportunity to lay a foundation for equitable gender representation in web3.\n"But aside from aiming for equity for the sake of equity, the reality is that companies with female leadership historicallyoutperform.\n"Investing in building an ecosystem that includes more women-led companies is economically smart."\nShe said the sector is in its infancy, so for "women who are coming into web3 with experience in building and growing businesses then it is an arena where they can really shine".\nTen years from now Downey thinks there will be a much stronger connection between offline life and web3.\n"The user experience will be so much better and more intuitive, allowing people to use web3 in their day to day lives, as easily as they use a credit card or contactless payment today," she said.\nAriana Waller is a full stack software engineer who has been in the blockchain space since 2017.\nShe is the founder ofMueshi, which she describes as a marketplace to buy, sell, and fractionally purchase fine art NFTs.\nThe US-based startup founder is passionate about encouraging more women to consider a career in web3.\nHer message to women is: "We need you in this space".\nTo female founders already in web3, she said: "You may be the only one but soon there will be many more women building, investing, and creating in this space.\n"Someone needs to hear your specific journey, your specific voice to be inspired to be in this space.\nRead more:‘Netflix killers’: How crypto film start-ups are using the blockchain to disrupt Hollywood\n"Women who are building in web3 space in 2022 are pioneers.\n"We’re making history and sometimes that means you’ll be the first or only woman in the room and that’s okay.\n"Stand your ground, other women around the world need to hear your story so they can walk through the same doors you had the confidence to."\nWaller forecasts that web3 developments will "decentralise traditional institutions and create an opportunity for communities across the globe to work together in a unique way" and thinks web3 will "positively impact international governments, voting systems, the arts, education and more".\nEmily Yang, who goes by her pseudonym plpleasr,is one of the world’s major NFT artists and a member of the influentialPleasrDAO, a collective of DeFi leaders, early NFT collectors and digital artists.\nYang describes herself as a "multidisciplinary artist with a focus on web3, NFTs, crypto, DAOs, and philanthropy".\nHer work inspired the formation of the prolific investment group PleasrDAO and helped define the aesthetic of the decentralised finance movement. She made the famous "Crypto vs Wall St" Fortune Magazine cover and has collaborated with Steve Aoki and Sotheby’s to launched a fund to support upcoming female artists.\nRecently she founded Shibuya, a decentralised video platform that helps fund indie creative projects.\nShe described her earlier career working in visual effects and animation as "very rare to ever see a female in a leadership or supervisory role".\nRead more:Boy George turns ‘Crypto-Chameleon’ as he embraces NFTs and metaverse\nAs a result, she said she felt strongly discouraged and her confidence in her career progression was hindered without any examples or role models to look up to.\nHowever, she said that "with web3 being a brand new canvas, I think it\'s important to change that to give females an equal platform and voice".\nShe described the web3 community as male dominated, "but still extremely inclusive, probably more than any other industry I\'ve had the experience of interacting with".\nHer advice for female creators looking to succeed in the space is to not be shy and to "take that leap of faith to network and you\'ll realise everyone in web3 just cares about good ideas, not what you look like or your background".\nIris ten Teije is the co-founder and CEO ofKoia. She describes her start-up as “a platform for people to buy, trade and collect fractions of iconic assets”.\nKoia links NFTs to real-world assets to fractionalise them. She said this is “a big opportunity and where the real use case and value of NFTs and tokenisation comes into play”.\nShe said: “We have a major gender pay and gender wealth gap and as trillions of dollars of value will be created in web3 over the next decade, I want women to benefit from that as much as men to get closer to true gender equality.”\nTeije urges women wanting to enter the web3 sector to “join as many relevant communities as possible and getting involved in at least one NFT project of which you like the vision and art”.\nShe said she is excited about the prospect of “communities coming together and democratising access to capital, and with tools like Syndicate enabling this, the future looks bright”.\nJaime Schmidtis the cofounder of BFF, a decentralised organisation that supports women and nonbinary people in getting their share of knowledge, opportunity, and financial rewards in web3.\nShe said there was a need for more diverse voices at the forefront of web3, as this is "critical for innovation, mass adoption, and social good".\nShe described blockchain technology as having created inroads for women in the future of business, the creator economy and digital communities.\nShe advises women who are interested in progressing within the web3 field to "look for ways in which it resonates with your own circumstances, interests and growth potential".\nLondonerKadine Jamesworks as a creative technologist at Yahoo Creative Studios, where she specialises in 3D virtual production, motion capture and mixed reality broadcasting, Volumetric capture, and photogrammetry technologies.\nShe is also the founder of The Immersive Kind Collective, a crypto fashion and digital art collective, and advisor toAllStarsWomenNFT Club and DAO.\nJames said the crypto industry is incredibly male-dominated right now, adding that “we need to do more to change this and bridge the funding and investment gap”.\nRead more:How Google is making inroads into the crypto ecosystem\nShe names initiatives like Rise Women, Boss Beauties, All-Stars Women NFT Club, and DAO as being important in bringing about change and a positive impact.\nJames sees the future of web3 as a place where “the metaverse becomes tangible, where what we do and what we own as our digital selves can exist across all platforms so that if you are playing a video game or participating in a video conference, our virtual identities are now core to who we are in the ‘real’ world”.\nKrista Kimis a contemporary artist and founder of the Techism movement. Her work explores the concept of digital consciousness.\nShe said web3 is “about creating meaningful and authentic community as we are all communities going forward” and describes her working process as creating “metaverse realms that uplift humanity”.\nKim wants more female leaders in the evolution of web3 because “the more empowered women are in web3, the more evolved and peaceful the world will become as a whole as women will create alternate worlds in the metaverse that changes world culture, co-creation, collaboration and decentralisation."\nShe said women wishing to succeed in web3 should “let your passions and talents uplift others".\nRead more:Can you live in London for 24hrs using only bitcoin?\n“Your consciousness within will be magnified in the metaverse, so be sure you’re feeding positive energy and valuable inspiration to your community through self-care.”\nKim sees the metaverse developing to create a new environment with a “transcendent culture that rises above all real-world divisions of politics, religion, race, gender and geography”.\nShe said: “Beauty and inspiration will win in the metaverse. We will be sovereign individuals with greater opportunities for all to participate economically and have digital ownership through NFTs and DAOs”.\nLaura Shinis a crypto journalist, host of theUnchainedpodcast and author ofThe Cr **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: 2022-03-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $742,233,589,375 - Hash Rate: 209538768.75368217 - Transaction Count: 259592.0 - Unique Addresses: 658358.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The New Zealand Dollar is trading sharply lower early Monday but higher than the opening after a number of moves against Russia over the weekend upset the stability in the global financial markets, encouraging investors to trim positions in riskier currencies. At 22:32 GMT, theNZD/USDis trading .6691, down 0.0054 or -0.80%. This is up from an earlier low of .6674. A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is helping to drive investors into the safe-haven markets including the U.S. Dollar, and out of riskier investments like stocks and the Australian and New Zealand Dollars. The main trend is down according to the daily swing chart. A trade through .6631 will signal a resumption of the downtrend. A move through the main bottom at .6593 will reaffirm the downtrend. The main trend will change to up on a trade through .6810. The short-term range is .6529 to .6810. Its retracement zone at .6669 to .6636 is support and a potential trigger point for an acceleration to the downside. The main range is .6891 to .6529. Its retracement zone at .6710 to .6753 is resistance and a potential trigger point for an acceleration to the upside. The direction of the NZD/USD early Monday is likely to be determined by trader reaction to .6691. A sustained move under .6691 will indicate the presence of sellers. The first downside target is .6669. If this level fails then look for the selling to possibly extend into the short-term Fibonacci level at .6636, followed closely by .6631. Last week’s low at .6631 is a potential trigger point for an acceleration into a pair of main bottoms at .6593 and .6590. A sustained move over .6691 will signal the presence of counter-trend buyers. This could trigger a quick rally into the main 50% level at .6710. Since the main trend is down, sellers could come in on the first test of .6710. Overtaking it, however, could trigger a surge into the main Fibonacci level at .6753. This is a potential trigger point for an acceleration to the upside with .6810 the next major target. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Bitcoin (BTC) and the Broader Market Tumble as Russia Talks Nuclear • The Week Ahead – Central Banks, U.S Nonfarms, and Geopolitics in Focus • Indie Movie Targets NFTs for Fund Raising • Terra (LUNA) to Target $90 After Testing Resistance at $80 • U.S Mortgage Rates Hold Steady Despite Rising Geopolitical Risk • BitConnect Founder Satish Kumbhani Indicted for Ponzi Scheme... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['VANCOUVER, British Columbia, March 14, 2022 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, is providing this default status report pursuant to National Policy 12-203 –Cease Trade Orders for Continuous Disclosure(“NP 12-203”).\nAs announced in its press release dated January 28, 2020, the Company’s principal securities regulator, the British Columbia Securities Commission, granted a management cease trade order (the “MCTO”) effective as of January 31, 2022 under NP 12-203. As disclosed in the Company’s press release dated January 26, 2022, the Company was advised by its external auditors (the “Auditors”) that they will require additional time to complete its internal review and audit procedures for the Company’s financial year ended September 30, 2021 and consequently the Company had not filed the following continuous disclosure documents prior to the filing deadlines prescribed under National Instrument 51-102 – Continuous Disclosure Obligations: (i) its audited annual financial statements for the year ended September 30, 2021 and related management discussion & analysis; and (ii) accompanying CEO and CFO certifications (collectively, the "Annual Filings").\nThe Company anticipates to be in a position to complete the audit before the end of March 2022. Other than the foregoing, the Company reports that there have been no material changes to the information contained in its last bi-weekly default status report dated February 28, 2022. Furthermore, there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company confirms that, since its last bi-weekly default status report dated February 28, 2022, there have been no failures by it in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines under NP 12-203.\nThe Company is required to file the Annual Filings on or before March 31, 2022. The Company is required to file bi-weekly default status reports in accordance with NP 12-203 until such time that as the default in filing the Annual Filings is remedied. The MCTO does not affect the ability of shareholders to trade their securities.\nAbout DMG Blockchain Solutions Inc.DMG is an environmentally friendly, vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into three main divisions: data center operations, data analytics and forensics, and developing enterprise blockchains. DMG’s non-polluting data center operations focus on earning eco-friendly revenues from block rewards and transaction fees by mining primarily bitcoin as well as providing hosting services for industrial mining clients entirely powered by renewable energy. DMG’s data analytics and forensic services provide technical expertise software products such as Blockseer Pool, Mine Manager, and Walletscore, as well as working with auditors, law firms, and law enforcement organizations. DMG’s permissioned blockchain technology is focused on developing enterprise software for the supply chain management of controlled products. DMG’s strategy is to become the domain experts across the business verticals it focuses on. DMG’s environmentally committed management team includes seasoned crypto experts, forensic & financial professionals, and blockchain developers with deep relationships throughout the industry and a strong ecological consciousness.\nFuture changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of Bitcoin, and future operating results could also be materially affected by the price of Bitcoin and an increase in hash rate mining difficulty.\nFor more information on DMG Blockchain Solutions visit:www.dmgblockchain.comFollow@dmgblockchain on Twitterand subscribe toDMG\'s YouTube channel.\nOn behalf of the Board of Directors,Sheldon Bennett, CEO and Director\nFor further information, please contact:\nDMG Blockchain Solutions Inc.Email:[email protected]\nWeb:www.dmgblockchain.com\nInvestor Relations Contact:CORE IR 516-222-2560\nFor Media Inquiries:Jules Abraham, Head of Public RelationsCORE [email protected]\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\nCautionary Note Regarding Forward-Looking Information\nThis news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include, but are not limited to, the anticipated timing of the completion and filing of the Annual Filings.\nForward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, the ability of the Auditors to complete its internal review and audit procedures for the Company’s financial year ended September 30, 2021 in a timely manner, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company\'s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG\'s bitcoins; DMG\'s relationships with its customers, distributors and business partners; the inability to add more power to DMG\'s facilities; DMG\'s ability to successfully define, design and release new products in a timely manner that meet customers\' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG\'s business. 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 September 30, 2020, filed on January 28, 2021.\nFactors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company\'s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG\'s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in equipment and labor costs, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expecta **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: 2022-03-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,511,336,344 - Hash Rate: 190365286.6455021 - Transaction Count: 263178.0 - Unique Addresses: 679170.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Phoenix, AZ, based Investment company Windsor Capital Management, LLC ( Current Portfolio ) buys Abbott Laboratories, AbbVie Inc, Xcel Energy Inc, Ferguson PLC, sells iShares iBonds Dec 2024 Term Corporate ETF, PepsiCo Inc, Templeton Global Income Fund, iShares iBonds Dec 2025 Term Corporate ETF, BTC BlackRock Short Maturity Municipal Bond ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Windsor Capital Management, LLC. As of 2021Q4, Windsor Capital Management, LLC owns 117 stocks with a total value of $330 million. These are the details of the buys and sells. New Purchases: ABT, ABBV, XEL, FERG, Added Positions: ESGD, SPSB, SPSM, VCSH, FLOT, SPEM, JPST, SPYV, JPHY, IJH, SPMD, XLK, TIP, SPIB, BSV, XLV, EFA, USRT, XLF, AMZN, XLY, LQD, NEAR, CVX, XLP, XOM, XLI, INTC, XLE, XLB, MRK, SUSC, STIP, EEM, LMT, LOW, AVK, KO, Reduced Positions: JNK, PFF, GIM, MEAR, SPY, QQQ, DIA, JMST, CWB, WBA, ANTM, IBDN, IBDO, HD, VNQ, V, T, HIX, GCV, NKE, IBM, VCIT, XLU, Sold Out: IBDP, PEP, IBDQ, KD, Warning! GuruFocus has detected 4 Warning Sign with ABT. Click here to check it out. ABT 15-Year Financial Data The intrinsic value of ABT Peter Lynch Chart of ABT For the details of Windsor Capital Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/windsor+capital+management%2C+llc/current-portfolio/portfolio These are the top 5 holdings of Windsor Capital Management, LLC SPDR Portfolio S&P 500 ETF ( SPLG ) - 425,381 shares, 7.19% of the total portfolio. Shares reduced by 0.56% iShares Core S&P 500 ETF ( IVV ) - 43,619 shares, 6.30% of the total portfolio. Shares reduced by 0.01% SPDR Portfolio S&P 500 Value ETF ( SPYV ) - 450,302 shares, 5.73% of the total portfolio. Shares added by 1.59% SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) - 253,207 shares, 3.81% of the total portfolio. Shares added by 1.89% SPDR Portfolio Short Term Corporate Bond ETF (SPSB) - 397,046 shares, 3.72% of the total portfolio. Shares added by 3.94% New Purchase: Abbott Laboratories (ABT) Windsor Capital Management, LLC initiated holding in Abbott Laboratories. The purchase prices were between $115.53 and $141.46, with an estimated average price of $128.29. The stock is now traded at around $128.610000. The impact to a portfolio due to this purchase was 0.07%. The holding were 1,550 shares as of 2021-12-31. New Purchase: AbbVie Inc (ABBV) Windsor Capital Management, LLC initiated holding in AbbVie Inc. The purchase prices were between $107.43 and $135.93, with an estimated average price of $118.5. The stock is now traded at around $142.020000. The impact to a portfolio due to this purchase was 0.07%. The holding were 1,673 shares as of 2021-12-31. Story continues New Purchase: Xcel Energy Inc (XEL) Windsor Capital Management, LLC initiated holding in Xcel Energy Inc. The purchase prices were between $62.44 and $68.95, with an estimated average price of $65.26. The stock is now traded at around $68.780000. The impact to a portfolio due to this purchase was 0.06%. The holding were 3,133 shares as of 2021-12-31. New Purchase: Ferguson PLC (FERG) Windsor Capital Management, LLC initiated holding in Ferguson PLC. The purchase prices were between $139.46 and $180.76, with an estimated average price of $156.98. The stock is now traded at around $150.825000. The impact to a portfolio due to this purchase was 0.06%. The holding were 1,134 shares as of 2021-12-31. Sold Out: iShares iBonds Dec 2024 Term Corporate ETF (IBDP) Windsor Capital Management, LLC sold out a holding in iShares iBonds Dec 2024 Term Corporate ETF. The sale prices were between $25.84 and $26.16, with an estimated average price of $25.97. Sold Out: PepsiCo Inc (PEP) Windsor Capital Management, LLC sold out a holding in PepsiCo Inc. The sale prices were between $150.2 and $173.71, with an estimated average price of $163.63. Sold Out: iShares iBonds Dec 2025 Term Corporate ETF (IBDQ) Windsor Capital Management, LLC sold out a holding in iShares iBonds Dec 2025 Term Corporate ETF. The sale prices were between $26.33 and $26.68, with an estimated average price of $26.48. Sold Out: Kyndryl Holdings Inc (KD) Windsor Capital Management, LLC sold out a holding in Kyndryl Holdings Inc. The sale prices were between $15.75 and $40.75, with an estimated average price of $21.45. Reduced: Templeton Global Income Fund (GIM) Windsor Capital Management, LLC reduced to a holding in Templeton Global Income Fund by 20.47%. The sale prices were between $5.03 and $5.49, with an estimated average price of $5.35. The stock is now traded at around $5.150000. The impact to a portfolio due to this sale was -0.07%. Windsor Capital Management, LLC still held 149,016 shares as of 2021-12-31. Reduced: BTC BlackRock Short Maturity Municipal Bond ETF (MEAR) Windsor Capital Management, LLC reduced to a holding in BTC BlackRock Short Maturity Municipal Bond ETF by 26.08%. The sale prices were between $50.07 and $50.15, with an estimated average price of $50.11. The stock is now traded at around $49.940000. The impact to a portfolio due to this sale was -0.07%. Windsor Capital Management, LLC still held 11,342 shares as of 2021-12-31. Reduced: PowerShares QQQ Trust Ser 1 (QQQ) Windsor Capital Management, LLC reduced to a holding in PowerShares QQQ Trust Ser 1 by 41.9%. The sale prices were between $352.17 and $403.48, with an estimated average price of $386.05. The stock is now traded at around $355.790000. The impact to a portfolio due to this sale was -0.06%. Windsor Capital Management, LLC still held 728 shares as of 2021-12-31. Reduced: Anthem Inc (ANTM) Windsor Capital Management, LLC reduced to a holding in Anthem Inc by 20.94%. The sale prices were between $370.08 and $467.67, with an estimated average price of $421.99. The stock is now traded at around $451.790000. The impact to a portfolio due to this sale was -0.02%. Windsor Capital Management, LLC still held 502 shares as of 2021-12-31. Reduced: iShares iBonds Dec 2022 Term Corporate ETF (IBDN) Windsor Capital Management, LLC reduced to a holding in iShares iBonds Dec 2022 Term Corporate ETF by 23.46%. The sale prices were between $25.11 and $25.14, with an estimated average price of $25.13. The stock is now traded at around $25.080000. The impact to a portfolio due to this sale was -0.02%. Windsor Capital Management, LLC still held 9,770 shares as of 2021-12-31. Reduced: iShares iBonds Dec 2023 Term Corporate ETF (IBDO) Windsor Capital Management, LLC reduced to a holding in iShares iBonds Dec 2023 Term Corporate ETF by 21.22%. The sale prices were between $25.64 and $25.79, with an estimated average price of $25.7. The stock is now traded at around $25.500000. The impact to a portfolio due to this sale was -0.02%. Windsor Capital Management, LLC still held 8,440 shares as of 2021-12-31. Here is the complete portfolio of Windsor Capital Management, LLC. Also check out: 1. Windsor Capital Management, LLC's Undervalued Stocks 2. Windsor Capital Management, LLC's Top Growth Companies, and 3. Windsor Capital Management, LLC's High Yield stocks 4. Stocks that Windsor Capital Management, LLC keeps buyingThis article first appeared on GuruFocus . View comments... - Reddit Posts (Sample): [['u/mazharj', 'Just leave SHIBArmy', 66, '2022-03-15 00:17', 'https://www.reddit.com/r/SHIBArmy/comments/teamvr/just_leave_shibarmy/', "If you don't have anything positive to say .. why are you want to talk bad about it.. there are soo many people are in hole right now and hurting.. so do anyone wants to hurt them more? ... what about someone bought Bitcoin at $62 k or bought XRP @ $3 ..if anyone thought to buy Shib and get rich tomorrow, they were mistaken!! It might never reach 0.002 but who knows... please don't invest your kitchen money in any kind of coins then you won't be crying..... Do your own research and don't listen to me", 'https://www.reddit.com/r/SHIBArmy/comments/teamvr/just_leave_shibarmy/', 'teamvr', [['u/Starfooullah', 24, '2022-03-15 00:58', 'https://www.reddit.com/r/SHIBArmy/comments/teamvr/just_leave_shibarmy/i0onzam/', 'I translate :\n\nBuy shib, hold and shut up', 'teamvr']]], ['u/eu0p', "CMV: Putin and/or Russia miscalculated — and didn't expect or forestall — all the financial sanctions and costs against them for the Russo-Ukrainian War.", 27, '2022-03-15 00:33', 'https://www.reddit.com/r/changemyview/comments/teayy9/cmv_putin_andor_russia_miscalculated_and_didnt/', 'This post focuses merely on the apparent financial and economic failures on Russia, not the other [failures](https://old.reddit.com/r/changemyview/comments/tb2o1u/cmv_the_risk_of_full_nuclear_war_from_strategic/i065r1k/). \n\nTo change my view, please expound — and convince me that — Putin and/or Russia had expected and forecast, and provided and provisioned for, all the financial sanctions and costs against them for the Russo-Ukrainian War.\n\n\n### Evidence from G7 nations for my view\n\nThe [Five Eyes\'](https://en.wikipedia.org/wiki/Five_Eyes) [sanctions](https://www.bbc.com/news/world-europe-60125659) include — but are not limited to — suspension from the Bank for International Settlements, removal of SOME Russian banks from SWIFT, exclusion of SOME Russian banks from their financial systems, asset freezing of SOME Russian banks, and blacklisting of Russian companies.\n\nAs at March 4 2022 — ["This week, Western countries also closed their airspace to Russian aircraft, blacklisted the Russian Direct Investment Fund, imposed trading restrictions and sanctions on Belarus, expanded export controls on Russia, adopted additional financial sanctions targeting Russia, and blacklisted Russian elites and their family members."](https://www.jdsupra.com/legalnews/summary-of-sanctions-imposed-on-russia-7912794). The G7 is seeking to divest from Russian imports like oil, gas, precious metals. Corporations have withdrawn from, closed, and/or stopped business in Russia.\n\n["The United States has also targeted Belarus, whose territory Russia has used to launch its incursion into Ukraine and whose own forces recently joined the Russian siege on the Ukrainian capital of Kyiv."](https://www.lawfareblog.com/what-sanctions-has-world-put-russia)\n\n\n[On March 13 2022](https://www.theguardian.com/world/2022/mar/13/russian-default-on-debts-no-longer-improbable-says-imf-head), IMF managing director Kristalina Georgieva \n\n>told CBS’s Face the Nation programme: “In terms of servicing debt obligations, I can say that we no longer think of Russian default as an improbable event. Russia has the money to service its debt, but cannot access it. What I’m more concerned about is that there are consequences that go beyond Ukraine and Russia.”\n>\n>Last week, the World Bank’s chief economist, Carmen Reinhart, warned that Russia and its ally Belarus were “mightily close” to default.\n\n\n\n### Evidence from Russia for my view\n\nMOEX (Moscow Stock Exchange) has closed, and it\'s uncertain when it will reopen. [On Feb 28 2022, the Central Bank of Russia (CBR) boosted the country’s key interest rate from 9.5% to 20%.](https://www.cnbc.com/2022/02/28/russia-central-bank-hikes-interest-rates-to-20percent-from-9point5percent-to-bolster-ruble.html) \n\nAs at March 4 2022, [the EU, US, UK sanctioned the CBR by freezing the bank’s assets in their jurisdictions.](https://www.atlanticcouncil.org/blogs/new-atlanticist/the-russian-central-bank-is-running-out-of-options/) [As at March 8 2022, all G-7 countries moved to freeze Russia’s foreign currency reserve assets](https://qz.com/2135316/the-g-7-froze-all-of-russias-reserve-assets-in-their-countries/) and [reserves at the Federal Reserve, Bank of England, Bank of Canada and European Central Bank have been frozen.](https://www.omfif.org/2022/03/freezing-foreign-exchange-reserves-opens-door-for-central-banks-to-buy-bitcoin/). \n\nThe ruble has been crashing — on March 9 2022, 1 USD = 138 USD. even as the CBR ["banned Russians from buying hard currencies and ordered banks to cap withdrawals from foreign currency accounts at $10,000 for the next six months"](https://www.cnn.com/2022/03/09/business/ruble-russia-central-bank/index.html). \n\nThese internal actions by Russia don\'t evidence improvements or progress!', 'https://www.reddit.com/r/changemyview/comments/teayy9/cmv_putin_andor_russia_miscalculated_and_didnt/', 'teayy9', [['u/edwardlleandre', 14, '2022-03-15 01:37', 'https://www.reddit.com/r/changemyview/comments/teayy9/cmv_putin_andor_russia_miscalculated_and_didnt/i0ot88v/', ">To change my view, please expound — and convince me that — Putin and/or Russia had expected and forecast, and provided and provisioned for, all the financial sanctions and costs against them for the Russo-Ukrainian War.\n\nMy main argument is that they probably did expect some variation of this, but that the timing and prep for the war ended up being so wack and mismanaged that their preparations were for not.\n\nIt isn't hard to imagine a world where Putin was able to launch the war when he intended (likely about a month earlier) where things went his way. If the Russian military was more capable, his soldiers and officers hadn't been selling fuel out the backdoor and the Rasputitsa hadn't quite formed, it is possible that they could have accomplished their goals. \n\nA Ukraine invasion that lasts three days and takes place much earlier could have theoretically hit before the rest of the world was completely ready for it. If that had ocurred, it is possible that the Russians aren't sanctioned to the same extent because the west sees less point in doing so, the goal having shifted from trying to stop Russian war aims to simply punishing them.\n\nIn putin's head, that is probably what happened. In reality, not so much.\n\nIt is also worth mentioning that to at least some in the oligarcy, such sanctions could be an eventual boon. Autarchy is something the ruling class would love, and a Russia completely cut off from the global community would necessarily be forced to build up their infrastructure towards building all of the things for themselves, regardless of whether or not that is a good idea.", 'teayy9']]], ['u/itsyaboydmoney', 'Just trying to share some perspective to anyone slowly “losing” money like the rest of us.', 205, '2022-03-15 01:29', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/', 'The slowly declining price has less to do with SHIB and more the macro economic environment. It’s all super shitty right now. Absolutely nothing positive to be had from a macro level.\n\nThe war, rampant inflation, gas prices through the roof, politicians in every country trying to regulate the crap out of crypto, scammers galore…. The list goes on and on.\n\nThe good news is… all of these strong, fundamentally sound projects (like SHIB) can be bought so cheaply it’s crazy. The shitty part is though, none of us have any money left! Lol. It’s a terrible catch 22, super cheap prices but all our disposable income is spoken for right now.\n\nSo, in short everyone is just HODLing big time and sitting on their positions. Look at Bitcoin it has basically moved sideways for months. \n\nI’m no economist, I’m just some guy…. And my source is all of the info I read and absorb everyday (AKA trust me bro) but that’s my take on it for anyone that cared to read this. Remember, you only lose money when you sell.\n\nSo for now, I HODL, pray for the dying innocent right now, average down when I get a few bucks and hope for better days.', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/', 'tec375', [['u/Blistertoe', 46, '2022-03-15 01:34', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/i0ostnq/', "I'm still averaging down. Started at .000055 and now .0000365. Buying a little more every week. I want to retire so bad.", 'tec375'], ['u/dslayde', 35, '2022-03-15 01:47', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/i0oui8m/', 'I bought with the intent to hold for at least 5 years. I haven’t even looked in the last 3 months.', 'tec375'], ['u/ReactionEntire7633', 13, '2022-03-15 02:33', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/i0p0n0i/', 'At this point, it’s all about how many u have.', 'tec375'], ['u/RichlyFruit', 21, '2022-03-15 03:16', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/i0p6fr8/', "An actual good post on this sub... if I had a trophy I'd give it to you. This was a post this sub needed.", 'tec375'], ['u/itsyaboydmoney', 24, '2022-03-15 03:17', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/i0p6ia6/', 'And you are probably wayyyy less stressed for it 😂', 'tec375'], ['u/cr8tor_', 12, '2022-03-15 04:14', 'https://www.reddit.com/r/SHIBArmy/comments/tec375/just_trying_to_share_some_perspective_to_anyone/i0pdtbn/', 'You are not losing money if you do not sell.\n\nHodling is the way.', 'tec375'], ['u/bkewlio', 12, '2022-03-15 05:35', 'https://www.reddit.com/r/SHIBAr... Based 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 bearish Tuesday session for DOGE and SHIB, with DOGE seeing red for the fifth time in 6 sessions.\n• Market caution ahead of today’s FED monetary policy decision and Russia’s ongoing bombing campaign weighed.\n• Key technical indicators remain bearish, with DOGE and SHIB still sitting below the 50-day EMAs.\nIt was a bearish day forDOGEandSHIBon Monday. Market caution ahead of the FED’s monetary policy decision, later today, weighed.\nPartially reversing a 2.51% gain from Monday, DOGE fell by 1.05% to end the day at $0.1128. SHIB partially reversed Monday’s 1.72% rise with a 1.41% loss to end the day at $0.00002172.\nDOGE and SHIB tracked Bitcoin (BTC) into the red on Tuesday. The losses were modest as the markets await the FED monetary policy decision later today.\nFrom the U.S, the NASDAQ 100 supported the recovery of heavier losses. On Tuesday, the NASDAQ 100 ended the day up by 2.92%, supported by softer oil prices and weaker than expected U.S wholesale inflation figures.\nMarket sentiment towards the ongoing Russian invasion of Ukraine remained negative for riskier assets.\nAt the time of writing, DOGE was down by 0.18% to $0.1126.\nDOGE will need to avoid the day’s $0.1124pivotto make a run on the First Major Resistance Level at $0.1146. DOGE would need the broader crypto market to support a move back through to $0.1140 levels.\nAn extended rally would test the Second Major Resistance Level at $0.1164 and resistance at $0.1175. The Third Major Resistance Level sits at $0.1204.\nA fall through the pivot would bring the First Major Support Level at $0.1106 into play. Barring an extended sell-off, DOGE should steer clear of the Second Major Support Level at $0.1084.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. DOGE remains below the 50-day EMA, currently at $0.1164. This morning, the 50-day EMA has fallen back from the 100-day and the 200-day EMAs. The 100-day EMA has pulled back from the 200-day EMA, another bearish signal.\nA move through the 100-day EMA, currently at $0.1206, would support a run at $0.13.\nAt the time of writing, SHIB was down by 0.41% to $0.00002163.\nSHIB will need to move through the day’s $0.00002172pivotto make a run on the First Major Resistance Level at $0.0000221. SHIB would need the broader crypto market to support a return to $0.0000220 levels.\nAn extended rally would test the Second Major Resistance Level at $0.0000226 and resistance at $0.0000230. The Third Major Resistance Level sits at $0.0000235.\nFailure to move through the pivot would bring the First Major Support Level at $0.0000213 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.0000200. The Second Major Support Level at $0.0000208 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. SHIB currently sits below the 50-day EMA at $0.0000225. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, another bearish signal.\nA move through the 50-day EMA would support a run at $0.000023 levels.\nThisarticlewas originally posted on FX Empire\n• Gold Prices Drop Despite Weaker Inflation Picture\n• E-mini Dow Changes Trend to Up on Trade Through 33588\n• Silver Prices Fall Amid Focus on Russia-Ukraine Conflict and FOMC Meeting\n• E-mini NASDAQ-100 in Position to Form Reversal Bottom\n• Natural Gas Prices Fall but Remain Rangebound\n• HYMC Price Squeezing as Predicted', 'Key Insights: It was a bearish Tuesday session for DOGE and SHIB, with DOGE seeing red for the fifth time in 6 sessions. Market caution ahead of today’s FED monetary policy decision and Russia’s ongoing bombing campaign weighed. Key technical indicators remain bearish, with DOGE and SHIB still sitting below the 50-day EMAs. It was a bearish day for DOGE and SHIB on Monday. Market caution ahead of the FED’s monetary policy decision, later today, weighed. Partially reversing a 2.51% gain from Monday, DOGE fell by 1.05% to end the day at $0.1128. SHIB partially reversed Monday’s 1.72% rise with a 1.41% loss to end the day at $0.00002172. FED Monetary Policy and Russia’s Continued Attacks Weighed DOGE and SHIB tracked Bitcoin ( BTC ) into the red on Tuesday. The losses were modest as the markets await the FED monetary policy decision later today. From the U.S, the NASDAQ 100 supported the recovery of heavier losses. On Tuesday, the NASDAQ 100 ended the day up by 2.92%, supported by softer oil prices and weaker than expected U.S wholesale inflation figures. Market sentiment towards the ongoing Russian invasion of Ukraine remained negative for riskier assets. DOGE Price Action At the time of writing, DOGE was down by 0.18% to $0.1126. Technical Indicators DOGE will need to avoid the day’s $0.1124 pivot to make a run on the First Major Resistance Level at $0.1146. DOGE would need the broader crypto market to support a move back through to $0.1140 levels. An extended rally would test the Second Major Resistance Level at $0.1164 and resistance at $0.1175. The Third Major Resistance Level sits at $0.1204. A fall through the pivot would bring the First Major Support Level at $0.1106 into play. Barring an extended sell-off, DOGE should steer clear of the Second Major Support Level at $0.1084. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. DOGE remains below the 50-day EMA, currently at $0.1164. This morning, the 50-day EMA has fallen back from the 100-day and the 200-day EMAs. The 100-day EMA has pulled back from the 200-day EMA, another bearish signal. Story continues A move through the 100-day EMA, currently at $0.1206, would support a run at $0.13. SHIB Price Action At the time of writing, SHIB was down by 0.41% to $0.00002163. Technical Indicators SHIB will need to move through the day’s $0.00002172 pivot to make a run on the First Major Resistance Level at $0.0000221. SHIB would need the broader crypto market to support a return to $0.0000220 levels. An extended rally would test the Second Major Resistance Level at $0.0000226 and resistance at $0.0000230. The Third Major Resistance Level sits at $0.0000235. Failure to move through the pivot would bring the First Major Support Level at $0.0000213 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.0000200. The Second Major Support Level at $0.0000208 should limit the downside. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. SHIB currently sits below the 50-day EMA at $0.0000225. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, another bearish signal. A move through the 50-day EMA would support a run at $0.000023 levels. This article was originally posted on FX Empire More From FXEMPIRE: Gold Prices Drop Despite Weaker Inflation Picture E-mini Dow Changes Trend to Up on Trade Through 33588 Silver Prices Fall Amid Focus on Russia-Ukraine Conflict and FOMC Meeting E-mini NASDAQ-100 in Position to Form Reversal Bottom Natural Gas Prices Fall but Remain Rangebound HYMC Price Squeezing as Predicted', 'Bitcoin-friendly mayors Francis Suarez of Miami and Eric Adams of New York City view blockchain technology as a way to increase equality and diversity in their respective cities, and also to disrupt authoritarian regimes.\n“We have a generational opportunity to outmaneuver countries such as China, Russia and other parts of the world that try to steal our technology,” Suarez said during a panel discussion at fintech investment firm Inveniam’sWeb 3-focused conferenceon Wednesday. He added that states that “ban technologies they cannot control commit a mistake,” and that the U.S. has to be ready to seize the opportunity to become a leader.\nThe event in Miami took place as that city and New York City race to become a hub for the fast-growing digital asset industry and attract blockchain businesses with high-paying jobs.\nAdams stressed that blockchain technology can help combat income inequality and serve as a tool for giving incentives to residents. He said governments can use blockchain technology to send food stamps directly to digital wallets, put public records on the blockchain, or give out a dollar-to-dollar reimbursement for such products as healthy baby food.\nHe also said that he is “going to build a blockchain and crypto educational platform” for young people and will “give them cryptocurrency” to learn about the technology.\nEarlier in his keynote speech, Suarez said Miami’s local government created “a back-office concierge service to help companies with onboarding and relocating” in the city.\nBoth mayors are known for their crypto-friendly agenda and public announcements to take their salaries in bitcoin (BTC). Adams, who was sworn in on Dec. 31,promised to converthis first three paychecks into the largest cryptocurrency by market capitalization. Suarez reiterated that he took all his pay in bitcoinstartingin December.\nCrypto has assumed a new focus in politics in recent weeks as the U.S. and ally countries attempt to isolate Russia from the global financial system with sanctions for invading Ukraine. The U.S. has beenmonitoringwhether Russia has been using crypto to evade sanctions, and it hasbeen pressuringcrypto companies to join those from other industries in halting services for Russian nationals.\nWhile China banned all cryptocurrency transactions in 2021 besides its central bank-issued digital currency, the U.S. governmentplans to createa regulatory framework for digital assets.', 'Bitcoin-friendly mayors Francis Suarez of Miami and Eric Adams of New York City view blockchain technology as a way to increase equality and diversity in their respective cities, and also to disrupt authoritarian regimes. \x93We have a generational opportunity to outmaneuver countries such as China, Russia and other parts of the world that try to steal our tech **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: 2022-03-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $745,235,811,469 - Hash Rate: 212277837.6262793 - Transaction Count: 276390.0 - Unique Addresses: 721364.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Key Insights Rakuten Group has announced the launch of its NFT marketplace. With this move, the Japanese e-commerce giant aims to capitalize on the growing NFT adoption in Japan The firm intends to provide peer-to-peer listing and sales in 2023 or later. Japanese e-commerce firm Rakuten announced the launch of its nonfungible token (NFT) trading platform, Rakuten NFT. Rakuten To Capitalize on Growing NFT Adoption Rakuten Group Inc, the Japanese firm behind the popular online shopping platform Rakuten, on Friday announced that it had launched its NFT marketplace. Rakuten’s NFT marketplace will let users purchase NFTs, as well as peer-to-peer buying and selling of NFTs. The marketplace will offer NFTs in various areas such as sports and entertainment, including music and anime, a company press release revealed. Furthermore, the marketplace will also feature a unique, one-stop platform that enables IP holders to build their website for issuing and selling NFTs. The firm intends to provide peer-to-peer listing and sales in 2023 or later. That said, the firm had initially revealed its plans to launch a proprietary NFT marketplace in 2021 amid the growing popularity of nonfungible tokens. Rakuten’s first NFT drop occurred on February 25 and included digital assets from an anime called Ultraman and the horse-racing-themed comic Kurogane Hiroshi G1 Gekitoshi (2010 Series). Rakuten is a Japanese e-commerce store that sells goods and services across various sectors like books, fintech, cosmetics, digital content, and more. As per reports, the firm earned over 26.9 trillion yen, equivalent to $232.7 billion in the fiscal year of 2021. NFT Boom in Japan Over the last year, the global NFT space saw a significant boom in popularity and adoption. After a record rise in trade volumes, major players across various sectors began dealing in NFTs. That said, of late, celebrities and sportspersons have been keen on jumping on the NFT bandwagon too. The most recent highlight in the NFT space was the speculation around Elon Musk buying the Bored Ape NFT. Story continues With the NFT space growing, more and more marketplaces are coming up as interest in NFTs has increased in Japan. Notably, in March last year, a Japanese crypto exchange, Coincheck debuted a dedicated NFT marketplace, while in July, early cryptocurrency evangelist Mai Fujimoto, also known as ‘Miss Bitcoin ,’ teamed up with Enjin to create an NFT charity program in Japan. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Slips but Closes Higher for the Week USD/CAD Retraces Gains as Risk Appetite Improves Natural Gas Markets Give Up Early Gains S&P 500 Has Wild Recovery During the Week European Equities: A Week in Review – 25/02/22 Silver Markets for Massive Shooting Star... - 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 month ago, Ukraine\'s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin and Ethereum. Today, the country\'s president, Volodymyr Zelenskyy, signed into law that bill, "On Virtual Assets," which establishes a legal framework for the country to operate a regulated crypto market. "The Parliament has adopted a law on virtual assets. I think the president is about to sign it into law in a matter of days. So we strive to be as friendly to virtual assets as possible. And we are continuing this effort during wartime as well," Ukraine\'s vice prime minister and minister of Digital Transformation, Mykhailo Fedorov, told TechCrunch in an interview earlier this week . According to reports coming out of Cointelegraph , Coindesk and other digital asset-focused outlets, crypto exchanges and firms handling digital assets will now be required to register with the government to operate legally in Ukraine, and banks will be allowed to open accounts for crypto firms. The law also reportedly empowers Ukraine’s National Securities and Stock Market Commission with the ability to determine the country’s policies on digital assets, issue licenses to businesses dealing with crypto, and act as a financial watchdog. (Indeed, Ukraine\'s parliament previously passed a law legalizing cryptocurrency back in September, but President Zelenskyy vetoed the bill soon afterward, saying the country couldn’t afford to stand up a new regulatory body for managing crypto.) The law “on virtual assets” was signed today! Now crypto is legalized in Ukraine. Thank you, President @Zelenskyy for the support. We believe that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible. — Alex Bornyakov (@abornyakov) March 16, 2022 https://platform.twitter.com/widgets.js If you thought crypto was already legal in Ukraine, you have plenty of company. Even without formal regulation, Ukrainians, Russians and Venezuelans (in that order) had become among the active retail users of digital currencies by the fall of 2020, according to blockchain analysis outfit Chainalysis. Story continues At the time, Chainalysis\'s head of research told Coindesk a few trends were driving Ukraine\'s rise to the top, including a "really tech-native population” and an "industrious startup environment.” (Coindesk also noted that there is also more cybercrime activity in Eastern Europe than in other regions, which likely also played a role in driving so much trading volume.) The types of regulations that were just passed into law have taken on new urgency, with Ukraine receiving tens of millions of dollars\' worth of crypto donations in the weeks since Russia invaded the country and began killing soldiers and civilians alike, prompting an estimated 3 million people to flee the country of 42 million. (NPR just likened the number of Ukrainian refugees who have fled to Poland alone -- roughly 1.8 million -- to the population of Warsaw .) With the new law in place, Ukraine’s first crypto exchange, Kuna, will no longer be limited to helping the country spend the donations directly with crypto-friendly suppliers but to convert crypto to much-needed fiat. In the meantime, the country has also partnered with the Bahamas-based exchange giant FTX to convert crypto contributions to aid Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. More specifically, as reported on Monday by Coindesk, FTX and Kuna and a staking platform called Everstake have partnered with Ukrainian government officials to launch a donation website for users called Aid for Ukraine that accepts donations in Bitcoin, Ether, Tether, Polkadot, Solana, Dogecoin, Monero, Icon and Neo “to support people in their fight for freedom.” Crypto donations have been key when it comes to raising funds from all around the world. "We have been able to raise $55 million. And all of that has been directed toward the needs of the Ukrainian army," Fedorov told TechCrunch on Tuesday. Whether it\'s true that the initiative represents the "first instance of a cryptocurrency exchange providing a conduit for crypto donations to a public financial institution," as Everstake has since stated , we don\'t know, but it\'s probably safe to say it\'s among the first. Certainly, none of this is happening the way that Ukrainian officials expected just a few short months ago, when the country was profiled in The New York Times under the headline, "The Crypto Capital of the World." "The big idea is to become one of the top jurisdictions in the world for crypto companies,” Alex Bornyakov, deputy minister at Ukraine\'s years-old Ministry of Digital Transformation, told the outlet for that story in November, before the unimaginable happened. “We believe this is the new economy, this is the future, and we believe this is something that is going to boost our economy.”', 'A month ago, Ukraine\'s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin and Ethereum. Today, the country\'s president, Volodymyr Zelenskyy, signed into law that bill, "On Virtual Assets," which establishes a legal framework for the country to operate a regulated crypto market.\n"The Parliament has adopted a law on virtual assets. I think the president is about to sign it into law in a matter of days. So we strive to be as friendly to virtual assets as possible. And we are continuing this effort during wartime as well," Ukraine\'s vice prime minister and minister of Digital Transformation, Mykhailo Fedorov, told TechCrunch inan interview earlier this week.\nAccording to reports coming out ofCointelegraph,Coindeskand other digital asset-focused outlets, crypto exchanges and firms handling digital assets will now be required to register with the government to operate legally in Ukraine, and banks will be allowed to open accounts for crypto firms.\nThe law also reportedly empowers Ukraine’s National Securities and Stock Market Commission with the ability to determine the country’s policies on digital assets, issue licenses to businesses dealing with crypto, and act as a financial watchdog. (Indeed, Ukraine\'s parliament previously passed a law legalizing cryptocurrency back in September, but President Zelenskyyvetoed the billsoon afterward, saying the country couldn’t afford to stand up a new regulatory body for managing crypto.)\nhttps://platform.twitter.com/widgets.jsIf you thought crypto wasalreadylegal in Ukraine, you have plenty of company. Even without formal regulation, Ukrainians, Russians and Venezuelans (in that order) had become among the active retail users of digital currencies by the fall of 2020, according to blockchain analysis outfit Chainalysis.\nAt the time, Chainalysis\'s head of researchtold Coindeska few trends were driving Ukraine\'s rise to the top, including a "really tech-native population” and an "industrious startup environment.” (Coindesk also noted that there is also more cybercrime activity in Eastern Europe than in other regions, which likely also played a role in driving so much trading volume.)\nThe types of regulations that were just passed into law have taken on new urgency, with Ukraine receiving tens of millions of dollars\' worth of crypto donations in the weeks since Russia invaded the country and began killing soldiers and civilians alike, prompting an estimated 3 million people to flee the country of 42 million. (NPR just likened the number of Ukrainian refugees who have fled to Poland alone -- roughly 1.8 million -- to thepopulation of Warsaw.)\nWith the new law in place, Ukraine’s first crypto exchange, Kuna, will no longer be limited to helping the country spend the donations directly with crypto-friendly suppliers but to convert crypto to much-needed fiat. In the meantime, the country has also partnered with the Bahamas-based exchange giant FTX to convert crypto contributions to aid Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine.\nMore specifically, asreportedon Monday by Coindesk, FTX and Kuna and a staking platform called Everstake have partnered with Ukrainian government officials to launch a donation website for users calledAid for Ukrainethat accepts donations in Bitcoin,Ether,Tether,Polkadot,Solana,Dogecoin,Monero,Icon and Neo“to support people in their fight for freedom.”\nCrypto donations have been key when it comes to raising funds from all around the world. "We have been able to raise $55 million. And all of that has been directed toward the needs of the Ukrainian army," Fedorov told TechCrunch on Tuesday.\nWhether it\'s true that the initiative represents the "first instance of a cryptocurrency exchange providing a conduit for crypto donations to a public financial institution," as Everstake hassince stated, we don\'t know, but it\'s probably safe to say it\'s among the first.\nCertainly, none of this is happening the way that Ukrainian officials expected just a few short months ago, when the country wasprofiledin The New York Times under the headline, "The Crypto Capital of the World."\n"The big idea is to become one of the top jurisdictions in the world for crypto companies,” Alex Bornyakov, deputy minister at Ukraine\'s years-old Ministry of Digital Transformation, told the outlet for that story in November, before the unimaginable happened.\n“We believe this is the new economy, this is the future, and we believe this is something that is going to boost our economy.”', "Anna Delvey Is Anna “Delvey” Sorokin an artist, and could that help her stay in America? The scammer-turned-socialite is the subject, and star, of a Lower East Side art show opening tomorrow, March 17, “Free Anna Delvey!” The exhibition—at 176 Delancey, running thru the 24th—opens as Sorokin, star of the hugely popular Netflix series Inventing Anna , remains (at the time of wr **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: 2022-03-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $775,673,540,688 - Hash Rate: 217523034.5085692 - Transaction Count: 278800.0 - Unique Addresses: 743399.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As cryptos are becoming more mainstream, as reflected most recently byPresident Joe Biden’s executive order on digital assetssigned Mar. 9, you can now buy a car withcryptos, whether partly or fully, thanks to a partnership between digital retailing company CarNow and Cion Digital. See:Top 4 Cryptocurrencies To Consider Buying in MarchExplore:TransUnion Partners With CarNow to Address Affordability and Availability in Vehicle Market Cion Digital’s payments and lending platform will provide companies with access to all the connectivity, infrastructure and support needed to deploy blockchain-based real-time payment and lending solutions, and to incorporate digital assets into existing traditional and legacy payment and financing systems, Cion said. Fred Brothers, President & Co-founder ofCion Digital, told GOBankingRates that at rollout — in the second quarter — Bitcoin, Ethereum, Cardano, Tether, Litecoin, USDC, Polkadot and Dash will be among the cryptos accepted. “The Cion Digital platform can support all cryptocurrencies although we expect the Top 20 coins as measured by CoinMarketCap to be the bulk of the transactions,” Brothers said. He explained that car buyers can choose to place a deposit on a vehicle with crypto, make a down payment or pay for the vehicle in full. There is also an option to combine both crypto and fiat currencies in the same transaction. Transactions are confirmed on the blockchain and transferred in compliance with AML and KYC regulations directly to the custodian in either crypto or fiat (as requested by the dealer) in just a few seconds. In addition, car buyers can also use cryptocurrency as collateral to qualify for a low-interest loan withone of several lendersin Cion Digital’s lending marketplace — almost always at significantly better rates than traditional financing. Brothers said that there are many advantages to buying a car with crypto. “Crypto transactions simplify the process because there is no need to involve banks or even run a credit check. This not only protects users and user data from being exposed in hacks and other breaches that we’ve seen in recent years but also these transactions become significantly faster,” he said. “While a normal bank payment or traditional loan can take a few days, transactions with cryptocurrency are settled within minutes — sometimes within seconds.” Cion said that buyers can also use cryptos as collateral to qualify for a low-interest loan with one of several lenders in Cion Digital’s lending marketplace — almost always at significantly better rates than traditional financing. According to Brothers, with no credit score or need to involve banks, cryptocurrency loans involve fewer players and fewer processes while offering a new way to lend that is outside of traditional financial services infrastructure. “With so much development andadvancement of blockchain technologymixed with mainstream adoption, cryptocurrencies are in high-demand. Therefore, when cryptocurrency lenders provide loans — in this case paid out in fiat or fiat equivalents — lenders gain access to something a lot more useful: new cryptocurrency as collateral,” he said. “With this collateral provided from the car buyer, lenders can go through a process called ‘rehypothecation’ where they lend out the collateral and can earn significantly higher yields. In a lot of ways, this process mimics what traditional banks do today with consumers saving accounts.” In terms of audiences the companies are targeting, Brothers said that while many millennials hold cryptocurrency today, they expect to see continued exponential growth among all demographics. “We believe in Web3. One important aspect of Web3 is blockchain technology. We believe blockchain technology will be a critical component for every product and service in the future. As a component of blockchain technology, cryptocurrency will also be an important piece for future products and services,” he said. Learn:Shiba Inu Coin Price Prediction 2022How To Buy Bitcoin:4 Simple Steps Asked whether the partnership was timed with Biden’s executive order, Brothers said that “while we had no prior knowledge and foresight of a Biden Executive Order, we do embrace regulation and we welcome any clarity regulators can provide in the upcoming months.” “We fundamentally believe ineverything Web3 has to offer. Of course, with any new space, especially something that impacts financial services, we always anticipated regulation would come,” he said. More From GOBankingRates • Social Security Payment Schedule 2022: What Dates To Watch Out For • 22 Side Gigs That Can Make You Richer Than a Full-Time Job • What To Do With Your Money During High Inflation • 18 Reasons Why You Should Be Using Your Credit Cards More This article originally appeared onGOBankingRates.com:CarNow Partners with Cion Digital — How Buying a Vehicle With Cryptos Like Bitcoin Can ‘Simplify the Process’... - Reddit Posts (Sample): [['u/DeltaFrost99', 'Are your bags ready for this altcoin season? If yes, then what are you accumulating?', 26, '2022-03-17 00:07', 'https://www.reddit.com/r/CryptoMarkets/comments/tfvtle/are_your_bags_ready_for_this_altcoin_season_if/', 'Bitcoin is once again pumping which means that it will be only a matter of time until altcoins follow its steps, and we’ll be entering altcoin season. \n\nSo we better get our bags ready and take advantage of the fact that coins are still at a discount, to accumulate because you never know which coin will be reaching new all-time highs soon. \n\nI’m personally adding more MATIC and ETH because if one goes up the second will follow, since Polygon is contributing to the growth of the Ethereum blockchain by making it affordable to everyone. \n\nPolygon is even making big moves when it comes to Web3 this year, since it’s not only supporting major projects, but it’s also helping and guiding developers to join the Web3 space.', 'https://www.reddit.com/r/CryptoMarkets/comments/tfvtle/are_your_bags_ready_for_this_altcoin_season_if/', 'tfvtle', [['u/Puzzleheaded-Tea-648', 10, '2022-03-17 00:59', 'https://www.reddit.com/r/CryptoMarkets/comments/tfvtle/are_your_bags_ready_for_this_altcoin_season_if/i0yctqa/', 'Eth, btc, and RBIF are my only three. I’m more excited about RBIF just because of the potential it has', 'tfvtle'], ['u/Vegetable_Plankton30', 16, '2022-03-17 01:04', 'https://www.reddit.com/r/CryptoMarkets/comments/tfvtle/are_your_bags_ready_for_this_altcoin_season_if/i0ydigk/', 'RBIF has many great things to offer. If you’re talking about a coin to look out for this altcoin season then RBIF is a great one!! MATIC is also a great altcoin and one i owned for awhile. I let go of a large portion when it hit 2.80s and have since reallocated some of the profits into RBIF. It pays reflections, its super cheap, the dev team is great with the whitepaper and over delivering on promises made to the community. We’re also preparing for 1% of RBIF to be burned once we hit 3000 holders. Which at the moment is sitting at about 31 left. I would check it out and see how you like it, there is a ROBOINU website to visit and to look at the details for yourself.', 'tfvtle'], ['u/Avisius', 12, '2022-03-17 03:42', 'https://www.reddit.com/r/CryptoMarkets/comments/tfvtle/are_your_bags_ready_for_this_altcoin_season_if/i0yy83e/', 'A small pump and you’re already gearing up for altcoin season? It must be blissful in your world.', 'tfvtle'], ['u/360FlipKicks', 17, '2022-03-17 04:37', 'https://www.reddit.com/r/CryptoMarkets/comments/tfvtle/are_your_bags_ready_for_this_altcoin_season_if/i0z4yiy/', 'Wtf is with all the RBIF shilling', 'tfvtle']]], ['u/deathtolucky', 'Rainbow chart indicates that something big is coming', 24, '2022-03-17 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/tfvw51/rainbow_chart_indicates_that_something_big_is/', 'Check [the rainbow chart](https://www.blockchaincenter.net/bitcoin-rainbow-chart/). We are nearing mid cycle. We’ve **NEVER** crashed into “Basically a Fire Sale” territory at this point in the cycle without first smashing through “Max Bubble Territory”. \n\nEither this time **REALLY** will be different or we are due for a massive pump. Soon. \n\nThe reason I say that it’s gonna be a pump, and not the opposite, is because we are nowhere near the bottom of this thing. Yes we are down, and some alts are down HUGE from where they were a few months ago, but look at the [chart](https://www.blockchaincenter.net/bitcoin-rainbow-chart/) again. We aren’t even anywhere near the lowest lows seen in previous cycles.\n\nThe [Fear and Greed index](https://alternative.me/crypto/?daily_hash=487da7932278e9551278d75f46dbae6fe5186ffc) is at “Extreme Fear” and the index has been at “Fear” for over a month overall. \n\nThe [Stock to Flow](https://stats.buybitcoinworldwide.com/stock-to-flow/) model is also showing that we are due for a big pump. \n\nI’m barely smart enough to remember to suck enough air to stay alive from day to day so definitely don’t base your decisions on my opinion. However, I’m either missing something or this DCA schedule I’ve been following is about to pay off BIGTIME.', 'https://www.reddit.com/r/CryptoCurrency/comments/tfvw51/rainbow_chart_indicates_that_something_big_is/', 'tfvw51', [['u/HeyBigVendor1', 14, '2022-03-17 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/tfvw51/rainbow_chart_indicates_that_something_big_is/i0y6bx4/', 'I like the hopium but I feel we might just be crabbing along this year.', 'tfvw51'], ['u/Puzzleheaded-Dog2127', 18, '2022-03-17 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/tfvw51/rainbow_chart_indicates_that_something_big_is/i0y748j/', "After the last 2 BTC ~60k peaks I'm never listening to a chart again.", 'tfvw51'], ['u/SealofOuroboros', 14, '2022-03-17 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/tfvw51/rainbow_chart_indicates_that_something_big_is/i0y7s4u/', 'I turned gay after watching it', 'tfvw51'], ['u/DDaBeast4', 16, '2022-03-17 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/tfvw51/rainbow_chart_indicates_that_something_big_is/i0y7y7y/', '![gif](giphy|nPTXD4lJmDSTe)', 'tfvw51']]], ['u/Appropriate_Win_7829', 'Just trying to think about taxes makes me want to quit crypto', 23, '2022-03-17 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/tfw3ys/just_trying_to_think_about_taxes_makes_me_want_to/', 'The only silver lining about buying in nov 21 is that I have no gains, therefore nothing to worry about declaring to the tax man. \n\nOne day, that will hopefully change. But the idea of trying to untangle all my crypto transactions makes me foam at the mouth. \n\nI swap shit a lot.I also have done a lot of trading on Cosmo ecosystem,so my brain hurts just trying to think about inputting all those exchanges and sales. Plus I’ve bought off multiple exchanges. And gave coins stashed all over the damn place. \n\nTax veterans, how do you do it? How do you get through it and not want to stab something? \n\nI think I’m just going to consolidate into BTC and Eth alone for the sake of my sanity', 'https://www.reddit.com/r/CryptoCurrency/comments/tfw3ys/just_trying_to_think_about_taxes_makes_me_want_to/', 'tfw3ys', [['u/deathtolucky', 16, '2022-03-17 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/tfw3ys/just_trying_to_think_about_taxes_makes_me_want_to/i0y9rsc/', 'If you’re a DeFi degen, I think the best you can do it approximate your profit/losses and call it a day if you haven’t used tracking software. \n\nJoe Blow doesn’t want to wade through 78 pages of trades to track your $200 gain', 'tfw3ys'], ['u/ILikePotatos4', 11, '2022-03-17 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/tfw3ys/just_trying_to_think_about_taxes_makes_me_want_to/i0ykezn/', 'Woah more like 100 pages for 200$ in losses thank you very much', 'tfw3ys']]], ['u/Mandrake_m2', 'If crypto payments do indeed go mainstream, stablecoins will most likely dominate not BTC, ETH or DOGE.', 57, '2022-03-17 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/tfx25h/if_crypto_payments_do_indeed_go_mainstream/', 'The mains reason is that major retail companies HATE volatility and always opt stability.\n\nAnd stablecoins being, well… stable, will be a much more likely choice for retail companies to go for.\n\nI don’t think it would look good for a company to lose 50% of its revenue’s value in a matter of a couple months.\n\nStill, I don’t think they’ll go with USDT considering all the controversy surrounding Tether so the most likely candidates would be other 1:1 backed stablecoins like USDC, EURST and UST which are all audited unlike USDT.\n\nBTC, ETH, DOGE and other popular coins might be symbolically good payments but they probably wont fait well in real practice.', 'https://www.reddit.com/r/CryptoCurrency/comments/tfx25h/if_crypto_payments_do_indeed_go_mainstream/', 'tfx25h', [['u/CryptDro', 57, '2022-03-17 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/tfx25h/if_crypto_payments_do_indeed_go_mainstream/i0ye9o9/', 'I don’t think so. When crypto payments become mainstream, the volatility will no longer be there. In addition, at that point things will usually trend up consistently. 50% crashes are happening now due to market manipulation and the crypto space being young still.', 'tfx25h'], ['u/bryanjohnson1977', 13, '2022-03-17 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/tfx25h/if_crypto_payments_do_indeed_go_mainstream/i0yfkc0/', 'And what would stable coins be pegged to at that point? I falling in value dollar?', 'tfx25h'], ['u/Harold838383', 10, '2022-03-17 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/tfx25h/if_crypto_payments_do_indeed_go_mainstream/i0yhgpt/', 'Hopefully things like Amp/Xlm will be used', 'tfx25h'], ['u/fiddlerbynight', 14, '2022-03-17 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/tfx25h/if_crypto_payments_do_indeed_go_mainstream/i0yhtbn/', 'Gonna start a stablecoin pegged to BTC.', 'tfx25h']]], ['u/lotta_lola559', 'Please tell me I am not crazy', 33, '2022-03-17 02:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/tfyco0/please_tell_me_i_am_not_crazy/', 'So, I maybe a slightly tech challenged, but I am far from being tech illiterate. Whenever I have laptop or printer problems I am usually able to figure it out and solve it on my own. However, my printer was clearly possessed yesterday. Nothing I did worked. After an hour or so trying to exercise the demon out of it, I finally caved in a called the HP helpdesk. The guy was walking me through the steps and my dogs were going nuts in the background. I said, why don\'t I just give you access and you can go ahead and do what you do?? I\'m sure it will be faster for both of us that way. So he did his thing fixing my printer and I handled my dogs. I heard him on speaker phone letting me know he was done. He explained what happened and we disconnected.\n\nLet me just say this first. I 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:** ['Key Insights: GameStop joins a growing list to target the NFT marketplace. Game retailer partners with Immutable X, with plans to go live in July. The NFT marketplace is getting busier, with Coinbase also planning to go NFT. GameStop Corporation ( GME ) is gaming, consumer electronics, and video game retailer listed on the New York Stock Exchange. Back in 2021, GameStop Corp. made the headlines , with subreddit r/wallstreetbets users triggering a GME short squeeze. GME’s share price rocketed from sub-$20 levels to just short of $500 before sliding back to sub-$100 levels, as shown in the chart below. In January, the Wall Street Journal delivered GME a New Year boost, reporting the company’s NFT and crypto plans. The move into the NFT and crypto space is in a bid to revive its videogame business. The market shows little reaction to news of a July launch date. GameStop Announces July Move into the NFT Marketplace On Thursday, GameStop provided investors with a timeline on its NFT marketplace launch during its fourth-quarter earnings call . On the call, GameStop confirmed its Immutable X ( IMX ) partnership to launch the GameStop marketplace. GameStop will receive, “Up to $150m equivalent in IMX tokens upon achievement of certain milestones.” The company has made hires in blockchain gaming, e-commerce and technology, product refurbishment, and operations with a planned July rollout. GameStop is not the only shop going into the NFT market, with record-high trading volumes from January and marked interest in NFTs drawing other players into the space. GameStop Follows Coinbase into a More Crowded Marketplace This week, U.S-listed crypto giant Coinbase announced plans to launch an NFT marketplace. Coinbase aims to allow users to discover, mint, purchase, and showcase NFTs. While no launch date is available, Coinbase met with more than a hundred creators to expedite its marketplace launch. With more than 2.5m joining the Coinbase NFT waitlist, GameStop will need to stick to its target video gaming audience to be successful. Story continues The NFT marketplace has become busier in recent months and will only get more active in the months ahead. LooksRare ( LOOKS ), a competitor of established NFT marketplace OpenSea, entered the NFT space in January amidst surging trading volumes. With the NFT space getting busier, competition will likely become fierce with Coinbase, OpenSea, and LooksRare in the mix. This article was originally posted on FX Empire More From FXEMPIRE: The Growing Importance of The Cybersecurity Sector In Light Of The Russian-Ukraine War Weekend Recovery Sees Ether Outperform Bitcoin as ETH Gains 5% NZD/USD Strengthens Over .6955, Weakens Under .6874 The Bullish Patterns You Need To Know That Drive The Short Covering Rally in S&P 500 USD/JPY Needs to Hold 118.601 to Sustain Rally SHIB and DOGE Follow the Broader Crypto Market Into the Red', 'Key Insights: GameStop joins a growing list to target the NFT marketplace. Game retailer partners with Immutable X, with plans to go live in July. The NFT marketplace is getting busier, with Coinbase also planning to go NFT. GameStop Corporation ( GME ) is gaming, consumer electronics, and video game retailer listed on the New York Stock Exchange. Back in 2021, GameStop Corp. made the headlines , with subreddit r/wallstreetbets users triggering a GME short squeeze. GME’s share price rocketed from sub-$20 levels to just short of $500 before sliding back to sub-$100 levels, as shown in the chart below. In January, the Wall Street Journal delivered GME a New Year boost, reporting the company’s NFT and crypto plans. The move into the NFT and crypto space is in a bid to revive its videogame business. The market shows little reaction to news of a July launch date. GameStop Announces July Move into the NFT Marketplace On Thursday, GameStop provided investors with a timeline on its NFT marketplace launch during its fourth-quarter earnings call . On the call, GameStop confirmed its Immutable X ( IMX ) partnership to launch the GameStop marketplace. GameStop will receive, “Up to $150m equivalent in IMX tokens upon achievement of certain milestones.” The company has made hires in blockchain gaming, e-commerce and technology, product refurbishment, and operations with a planned July rollout. GameStop is not the only shop going into the NFT market, with record-high trading volumes from January and marked interest in NFTs drawing other players into the space. GameStop Follows Coinbase into a More Crowded Marketplace This week, U.S-listed crypto giant Coinbase announced plans to launch an NFT marketplace. Coinbase aims to allow users to discover, mint, purchase, and showcase NFTs. While no launch date is available, Coinbase met with more than a hundred creators to expedite its marketplace launch. With more than 2.5m joining the Coinbase NFT waitlist, GameStop will need to stick to its target video gaming audience to be successful. Story continues The NFT marketplace has become busier in recent months and will only get more active in the months ahead. LooksRare ( LOOKS ), a competitor of established NFT marketplace OpenSea, entered the NFT space in January amidst surging trading volumes. With the NFT space getting busier, competition will likely become fierce with Coinbase, OpenSea, and LooksRare in the mix. This article was originally posted on FX Empire More From FXEMPIRE: The Growing Importance of The Cybersecurity Sector In Light Of The Russian-Ukraine War Weekend Recovery Sees Ether Outperform Bitcoin as ETH Gains 5% NZD/USD Strengthens Over .6955, Weakens Under .6874 The Bullish Patterns You Need To Know That Drive The Short Covering Rally in S&P 500 USD/JPY Needs to Hold 118.601 to Sustain Rally SHIB and DOGE Follow the Broader Crypto Market Into the Red', 'Tokyo-based mobile financial platform Kyash has raised US$41.2 million (about 4.9 billion yen) in its Series D funding joined by Jack Dorsey’s Block. See related article: After Facebook’s name change to Meta, Square has now become Block Fast facts Kyash has accumulated a total funding of about US$107.7 million since its launch in 2015, which the payment startup will use to increase its workforce and develop its products and services. Other investors in Kyash include Japan Post Investment Corporation, Greyhound Capital, JAFCO Group, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group and Mitsui Sumitomo Insurance Capital. Kyash is one of Japan’s few challenger banks that provide mobile banking and payment services. Kyash is Block’s first investment in an Asia-based company, according to Nikkei . Block is preparing to launch its own decentralized Bitcoin exchange platform through its new business venture TBD, which released its white paper last November. Longtime crypto enthusiast Jack Dorsey rebranded his digital payments company Square into Block in December last year after resigning from Twitter as CEO. See related article: Square releases white paper for DEX to allow exchange of crypto, fiat and more', 'Tokyo-based mobile financial platform Kyash has raised US$41.2 million (about 4.9 billion yen) in its Series D funding joined by Jack Dorsey’s Block.\nSee related article:After Facebook’s name change to Meta, Square has now become Block\n• Kyash has accumulated a total funding of about US$107.7 million since its launch in 2015, which the payment startup will use to increase its workforce and develop its products and services.\n• Otherinvestors in Kyashinclude Japan Post Investment Corporation, Greyhound Capital, JAFCO Group, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group and Mitsui Sumitomo Insurance Capital.\n• Kyash is one of Japan’s few challenger banks that provide mobile banking and payment services.\n• Kyash is Block’s first investment in an Asia-based company, according toNikkei.\n• Block is preparing to launch its own decentralized Bitcoin exchange platform through its new business venture TBD, which released its white paper last November.\n• Longtime crypto enthusiast Jack Dorsey rebranded his digital payments company Square into Block in December last year after resigning from Twitter as CEO.\nSee related article:Square releases white paper for DEX to allow exchange of crypto, fiat and more', '• Terra (LUNA) slides back from Monday’s high despite plans to lift the (BTC) reserve to $10bn.\n• In February, Luna Foundation Guard (LFG) raised $1bn in Bitcoin through a private LUNA token sale.\n• Anticipated Terra stablecoin demand continues to support a LUNA return to $100.\nOn Thursday, it was a bearish session forLUNA. Reversing a 0.77% gain from Wednesday, LUNA fell by 2.68% to end the day at $86.87.\nIt was a second day in the red from 3-sessions, with LUNA giving up gains from Monday. On Monday, LUNA had rallied by 8.38% in response to Bitcoin (BTC) reservenewsbefore sliding back to a current week low of $84.70.\nThe pullback comes despite positive network news that supported last week’s brief return to $100 levels and a new ATH.\nLast week, the Anchor Protocol (ANC) contributed to increased demand for UST. Anchor, built on the Terra blockchain, is a DeFi platform currently offering annualized percentage yields of close to 20% on Terra stablecoins.\nLast month, Anchor Protocolreportedlyapproached the Luna Foundation Guard (LFG) for $450m to replenish its reserves.\nFor LUNA, the link with stablecoin TerraUSD (UST) remains the price influence. Anchor protocol news drove LUNA to a new ATH of $104.84 before easing back.\nThis week, Terra (LUNA) and Terraform Labs founder Do Kwon took to Twitter. Kwon announced plans to build a $10bn Bitcoin (BTC) reserve to set a new Bitcoin standard era.\nThe announcement is aligned with Kwon’s aim to make the Terra Protocol one of the biggest Bitcoin holders. Earlier this month, Do Kwon announced on Twitter,\n“The Terra Protocol will be one of the largest holders of $BTC.”\nDo Kwon’s goal of $10bn in Bitcoin reserves follows la **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: 2022-03-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $770,948,107,864 - Hash Rate: 195149454.7366269 - Transaction Count: 261318.0 - Unique Addresses: 700248.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NVIDIA Inc. (NVDA) is trading lower by more than 2% in Thursday’s pre-market, despite beating Q4 2021 estimates and raising Q1 2022 revenue guidance. The chipmaker posted a profit of $1.32 per-share, $0.10 better than expectations, while revenue rose 52.8% year-over-year to $7.64 billion, about $200 million higher than consensus. The Q1 increase was substantial, raising estimates from $7.28 billion to the $8.00 billion range. The company fired on all cylinders in Q4, reporting strong growth in gaming, pro visualization, automotive, and data center divisions. Worries About Valuation and Growth Even so, the sell-the-news reaction wasn’t a surprise because chip stocks have traded poorly in 2022, dumping the PHLX Semiconductor Index (SOX) more than 10% since Dec. 31st. Chronic supply constraints have impacted the group’s performance while over-valuation has emerged as a potent headwind, with the SOX’s 41% return in 2021 lifting many components to unsustainable levels, especially with rising inflation putting a damper on growth. Analysts were obsessed with the abandoned deal to acquire Arm Holdings, looking to the acquisition to justify NVIDIA’s astonishing 81.75 price-to-earnings-ratio (P/E). Business is nearly as good as it gets after two years of taking market share from Intel Corp. (INTC) but the stock is already priced for perfection, discouraging sidelined investors from opening new positions. All in all, it’s a perfect formula for a major correction and weak annual performance. Wall Street and Technical Outlook Wall Street consensus has eased from extreme bullishness, with an ‘Overweight’ rating based upon 28 ‘Buy’, 6 ‘Overweight’, 7 ‘Hold’, 1 ‘Underweight’, and 1 ‘Sell’ recommendation. Price targets currently range from a low of $200 to a Street-high $400 while the stock is set to open Thursday’s session more than $90 below the median $350 target. Analysts has been quiet since last night’s report, with a single downgrade by a boutique firm, but another round of bullish table pounding may not convince many investors to pull the trigger. Story continues NVIDIA rallied above 2018 resistance at 73 in May 2020, entering a powerful uptrend that stalled below 150 in September. The stock cleared that barrier in June 2021, more than doubling in price into November’s all-time high at 346.47. The subsequent decline stretched to 40% in January while February’s bounce to 50-day moving average resistance failed to yield a breakout, ahead of this morning’s selloff. A long-term sell cycle is expanding at the same time, raising odds for another round of testing at 200-day moving average support near 200. Catch up on the latest price action with our new ETF performance breakdown . Disclosure: the author held no positions in aforementioned securities at the time of publication. This article was originally posted on FX Empire More From FXEMPIRE: Stock Markets Continue to Move on Geopolitical Concerns April Comex Gold in Position to Accelerate Over $1899.80 Circle’s Value Jumps by 100% to $9 Billion Post New Agreement US Dollar Pulls Back Against Yen in Safety Bid Bitcoin Dives, Ether Reaches Key Support, ATOM Aims Rally UAE Planning Nationwide Crypto Licensing Regulations... - 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:** ['HÜNENBERG, SWITZERLAND, March 18, 2022 (GLOBE NEWSWIRE) -- Subscriptions are an integral part of modern life. Digital subscriptions are increasingly common as more people get content from various subscription channels, unlike the past few decades where cable TV was the default source. Accordingly, the need to support crypto payment for Netflix and other subscription services is on the rise, even timely.\nRevuto is a subscription management platform on Cardano that aims to add efficiency and control to the payment of subscriptions. They are nowjoining hands with Genius Yield, an equally innovative order-book DEX launching on Cardano to fast-track the adoption of DeFi services. While both protocols would support each other’s ecosystem, a standout benefit would be paying for Netflix, Apple TV, Amazon, DSTV, and other subscription services using Genius Yield’s GENS and other Cardano tokens. It is a vital support allowing users to take control of their spending, save money, while also earning cashback in Revuto’s REVU tokens. Meanwhile, it will be possible for users to earn GENS by staking REVU via the ISPO in the Revuto Staking Center.\nStreaming services can be annoying with their subscription models for all their quality content. You have probably heard a friend or relative furious over the billing policies of one of their subscriptions. The problems range from difficulties in cancellation, automatic renewal, and other communication-related issues.\nA Blockchain-Based Subscription Service\nThe fundamental issue with most subscriptions is that they rely on credit cards or bank payments. Once you sign up and agree to terms that most people never read, the subscription service can automatically deduct from your bank account.\nRevuto introduces the concept of a virtual debit card to grant users more control over subscription payments, allowing users to pay with Cardano and its tokens. The idea is to have a decentralized application that users can utilize to manage their subscriptions. This virtual debit card is operationalized as a decentralized application (dApp) that runs on the Cardano blockchain.\nHere is a summary of how the subscription management app will work:\n• Download the Revuto app and set up an account, a straightforward process;\n• Add subscriptions you intend to manage. They could range from music streaming services like Netflix, software packages, and more.\n• Once the subscriptions are linked, you can begin paying using GENS and other supported tokens.\nThe real prize is your ability to block, snooze, and generally control payments to your subscription service. This versatility allows the account holder to prevent unwanted subscription charges that make subscriptions more expensive than what you signed up for. Besides, you don’t have to cancel the subscription when you want to snooze payments for a while before resuming.\nThe Cardano Blockchain Provides Base Support\nRevuto achieves its high performance because it launches from a robust layer, built from the ground up with the intention of being inherently scalable. The Cardano crypto blockchain is the handiwork of Ethereum co-founder Charles Hoskinson and a team of developers who sought to create a high-functionality and research-based network.\nAccordingly, Cardano is an excellent host for decentralized systems and applications. The rise of Decentralized Finance (DeFi) bodes well for this bespoke blockchain and its native coin, ADA. The protocol has significantly higher throughput than Ethereum, implementing a unique architecture with different settlement and computation layers. Accordingly, smart contract execution does not clash with transactions, as is the case for Ethereum.\nUsing Cardano blockchain, this utility has allowed an integrated decentralized hub like Genius Yield, SundaeSwap, and others to thrive. Its efficiency and increasing stature in the DeFi sector fit well with services that offer a secure and fast settlement.\nMore Than Just Subscriptions Management\nMeanwhile, with Revuto in the picture, users can make payments efficiently and leverage recurring payments with REVU and get extra services for money management. Revuto received three million early sign-ups for dApp, with hundreds of thousands of users worldwide. These numbers bode well for an upcoming Fintech startup earning Revuto accolades like the award for the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.\nThe ability to pay for your subscriptions in Cardano tokens is revolutionary. Bitcoin has struggled to gain traction as a medium of exchange for all its popularity. This utility application provides a real-world use for cryptocurrency.\nRevuto is looking to make its app a wholesome product. Soon, users will be able to exchange fiat and crypto in real-time and other decentralized finance services like lending and borrowing. Overall, the subscriptions management platform will provide a mobile-friendly and excellent decentralized finance management tool. The decision to launch on the Cardano blockchain is a testament to this vision. Revuto has a native Cardano mobile and non-custodial wallets with plans to add their custodial wallet to augment user experience.\nForecasting Growth in The Subscriptions Sector\nThe world is trending online by the year. This trend is likely to manifest in the subscriptions and billing management sector, with the global marketestimatedto grow from about $3.9 billion today to $7.4 billion in 2027. The accelerated growth of digital streaming services is the biggest growth driver. it is the golden age for streaming with more potential in developing markets\nThere is excellent potential for a subscriptions management tool with such a market size. There will be tens, even hundreds of millions more people joining this demographic in the next few years. Accordingly, Revuto is entering the scene strategically for all stakeholders.\nLooking Forward\nCryptocurrency and the blockchain launched on the fundamental premise that consumers need more control of their finances. This idea is relevant in countless fields. Subscriptions fall in this category because some services are downright abusive in their billing policies.Genius YieldandRevutotake the tenets of decentralization and user empowerment in these industries and seek to transform how consumers relate to subscription services. There is a great need for such services. By forming a fitting coalition, Genius Yield and Revuto will likely reap from the appreciation users will have for such convenience.\nCONTACT: Company Name : Genius Yield Email Id : hello (at) geniusyield.co Company Website : https://www.geniusyield.co/', 'Genius Yield HÜNENBERG, SWITZERLAND, March 18, 2022 (GLOBE NEWSWIRE) -- Subscriptions are an integral part of modern life. Digital subscriptions are increasingly common as more people get content from various subscription channels, unlike the past few decades where cable TV was the default source. Accordingly, the need to support crypto payment for Netflix and other subscription services is on the rise, even timely. Revuto is a subscription management platform on Cardano that aims to add efficiency and control to the payment of subscriptions. They are now joining hands with Genius Yield , an equally innovative order-book DEX launching on Cardano to fast-track the adoption of DeFi services. While both protocols would support each other’s ecosystem, a standout benefit would be paying for Netflix, Apple TV, Amazon, DSTV, and other subscription services using Genius Yield’s GENS and other Cardano tokens. It is a vital support allowing users to take control of their spending, save money, while also earning cashback in Revuto’s REVU tokens. Meanwhile, it will be possible for users to earn GENS by staking REVU via the ISPO in the Revuto Staking Center. Streaming services can be annoying with their subscription models for all their quality content. You have probably heard a friend or relative furious over the billing policies of one of their subscriptions. The problems range from difficulties in cancellation, automatic renewal, and other communication-related issues. A Blockchain-Based Subscription Service The fundamental issue with most subscriptions is that they rely on credit cards or bank payments. Once you sign up and agree to terms that most people never read, the subscription service can automatically deduct from your bank account. Revuto introduces the concept of a virtual debit card to grant users more control over subscription payments, allowing users to pay with Cardano and its tokens. The idea is to have a decentralized application that users can utilize to manage their subscriptions. This virtual debit card is operationalized as a decentralized application (dApp) that runs on the Cardano blockchain. Story continues Here is a summary of how the subscription management app will work: Download the Revuto app and set up an account, a straightforward process; Add subscriptions you intend to manage. They could range from music streaming services like Netflix, software packages, and more. Once the subscriptions are linked, you can begin paying using GENS and other supported tokens. The real prize is your ability to block, snooze, and generally control payments to your subscription service. This versatility allows the account holder to prevent unwanted subscription charges that make subscriptions more expensive than what you signed up for. Besides, you don’t have to cancel the subscription when you want to snooze payments for a while before resuming. The Cardano Blockchain Provides Base Support Revuto achieves its high performance because it launches from a robust layer, built from the ground up with the intention of being inherently scalable. The Cardano crypto blockchain is the handiwork of Ethereum co-founder Charles Hoskinson and a team of developers who sought to create a high-functionality and research-based network. Accordingly, Cardano is an exce **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: 2022-03-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $793,545,861,315 - Hash Rate: 211525632.75648364 - Transaction Count: 242424.0 - Unique Addresses: 638704.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: According to a recent intelligence report , US President Joe Biden has called on all American citizens remaining in Ukraine to leave the country immediately, citing increased threats of Russian military action. So, amid growing fears of a Ukraine-Russia conflict, what will be the fate of digital assets like Bitcoin , Ethereum , and top altcoins? Another International Conflict? The PBS NewsHour chief Washington correspondent Geoff Bennett reported that the US believes Putin has decided to invade Ukraine and communicated those plans to the Russian military. He further revealed that of the three officials who spoke, two admin officials said that they expect the invasion to begin next week—echoing what Secretary of State Blinken has said. NEWS: The U.S. believes Putin has decided to invade Ukraine and communicated those plans to the Russian military, three officials tell @nickschifrin . Two admin officials say they expect the invasion to begin next week—echoing what Secretary of State Blinken has said. — Geoff Bennett (@GeoffRBennett) February 11, 2022 Here further highlighted that: “Defense officials anticipate a horrific, bloody campaign that begins with two days of bombardment and electronic warfare, followed by an invasion, with the possible goal of regime change.” In addition to that, Bennett revealed that the North Atlantic Council had been briefed on this new intel received in the late hours of February 11. For now, President Biden has said that he would not send troops to rescue Americans if Moscow invades Ukraine. In addition to that, several other countries, including the UK, have urged their citizens to leave Ukraine. On the other hand, Russia has repeatedly denied any plans to invade Ukraine despite massing more than 100,000 troops near the border. Story continues However, recently, the Russian ships finally arrived in the Black sea and it has begun massive military drills with neighboring Belarus, while Ukraine has accused Russia of blocking its access to the sea. Notably, in the last week of January, Bitcoin tumbled almost 9% to its lowest in six months amid fears of a Russian attack on Ukraine. On January 24 the market also saw the fall of riskier assets worldwide which extended the sell-offs. So, what to expect from BTC going forward? Bitcoin and Altcoins Rebound Towards Support At press time, with the news of the Russia-Ukraine tensions gaining tension after Bennett’s revelation just an hour back, the effect of the same could already be seen on crypto assets. Notably, Bitcoin was back to the $42K range trading at $42,597.65 noting 4.11% daily losses at press time. Furthermore, the global crypto market cap came down to $1.93 trillion noting, a 4.00% decrease over the last day. Looking at altcoins, Ethereum was back below $3K as ETH changed hands at $2,975.30 noting a 4.76% daily fall in price. That said, Cardano , Solana , Terra , and Avalanche were down 5%, 9.2%, 2%, and 8.2% respectively. Even the top meme token, Dogecoin was down 4.42% trading at  $0.147 at press time. As a wave of sell-offs took over the market, it seemed like Bitcoin and the larger crypto market could have a shaky weekend ahead. This article was originally posted on FX Empire More From FXEMPIRE: Stock Markets Give Up Gains for the Week Natural Gas Markets Continue to Drop Ontario’s Government Freezes Donations for Truckers’ Protest Ethereum, Coinbase, Vitalik Buterin funded Foundation Secures $15M Silver Markets Give Up Half the Week’s Gains USD/CAD Moves Lower As WTI Oil Gets Back Above The $91 Level... - Reddit Posts (Sample): [['u/cavedan2', 'Séance: The $3.5 Million Dollar Modern Deck That Never Was » Faithless Brewing Podcast', 357, '2022-03-19 00:01', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/', 'Hello Magic brewers,\n\nToday on [Faithless Brewing](https://faithlessbrewing.com/) we revisit one of the strangest chapters in Modern brewing history: the bizarre saga of “Séance Guy." Seven years ago, a mysterious Reddit user, u/jobs141910, placed a bounty on the card Séance. People could earn cash by uploading video evidence of themselves destroying physical copies of the card.\n\nNo rationale was ever provided, but “Séance Guy” was true to their word. They paid out $1200 in Bitcoin ($0.50 per copy destroyed, plus $10 flat for the video), and offered helpful guidance such as “Magic: The Gathering cards do not burn well and kinda stink when burned. Use a fire pit or fireplace for the most convenience for you, but it is possible to slowly burn each one with only a common lighter” ([source](https://www.reddit.com/r/Jobs4Bitcoins/comments/32a2w3/hiring_anyone_to_purchase_and_destroy_magic_the/)).\n\nAs the months went by, the requests escalated. Content creators like u/SaffronOlive reported being contacted by "Séance Guy" with offers to write paid articles about the card ([source](https://twitter.com/SaffronOlive/status/675707186690002945?s=20&t=a4FQ8o16PToYe77MuUp7CQ)). Why Séance, you ask? To this day, no one knows. Speculation was rampant, but no explanation was offered beyond the desire to conduct an experiment ([source](https://twitter.com/TristanGregson/status/587055989364371456?s=20&t=F2FpeXfI4-B5OzFDJ_CXww)).\n\nEight months later, “Séance Guy” returned with the most outlandish request of all. A bounty of 90.5 Bitcoin was offered to any Pro Tour competitor who managed to pilot a Séance deck to Top 8 in the Modern Pro Tour ([source](https://www.reddit.com/r/magicTCG/comments/3w2iko/the_guy_who_paid_people_to_destroy_s%C3%A9ances_is_now/)). In 2017, this represented a $38,000 payout. Today, those 90.5 BTC would be worth more than $3.5 million dollars.\n\nNo one took them up on the offer.\n\nWhat happened next is less well known, but no less interesting. “Séance Guy”, it was revealed in an anonymous Q&A on the Kitchen Table Magic podcast, had even gone so far as to hire a think tank of Magic pros to research the best possible Séance deck and report their findings. They had also received threats from players for “disrespecting” the Modern PT, and numerous fake videos in which piles of bulk with a few Séance on top were destroyed hoping for easy payouts ([source](https://kitchentablemagic.org/2017/10/31/seance-halloween-special/#more-552)).\xa0\n\nThe kicker in all of this? Séance, as a Magic card, is actually extremely powerful. Though it has become a meme, the enchantment has always been right on the cusp of Modern playability, a finding confirmed by the think tank all those years ago. And the tools to build a great Séance deck have only gotten better over the years. In particular, the cycle of evoke elementals from *Modern Horizons 2* are exactly the kind of power boost that Séance has needed.\n\nToday, we channel the spirit of u/jobs141910 and attempt to bring Séance back from the dead. We’ve got four new decklists to test: a classic Abzan Siege Rhino strategy, a more fashionable MH2 Reanimator pile with Wandering Mind, a Yorion version of the Abzan deck, and a Mardu Ephemerate shell with Fulminator Mage and Ranger-Captain of Eos.\n\nHas the time come to finally write the next next chapter of the Séance saga? Will our efforts yield battlefield glory and get that elusive 5-0? Or will we inadvertently summon the ghost of “Séance Guy” and pull them back into the fray? There is only one way to find out!\n\nHappy brewing,\n\n\\--cavedan\n\n\\*\\*\\*\\*\\*\n\nFaithless Brewing is a Magic: the Gathering podcast for the spike rogue. Each week, we pick a card with competitive potential and design new decks in Modern and Pioneer. We put our creations to the test in MTGO leagues and share our findings on the air.\n\n**Listen to the full episode at** [**FaithlessBrewing.com**](https://faithlessbrewing.com/)**:** [**https://faithlessbrewing.com/seance-the-3-million-modern-deck-that-never-was/**](https://faithlessbrewing.com/seance-the-3-million-modern-deck-that-never-was/)\n\nOr find us on [Spotify](https://open.spotify.com/show/7lZkNeupgcPu3ZlA1jQBd0), [Apple](https://podcasts.apple.com/us/podcast/faithless-brewing-mtg-modern-and-pioneer-for-the/id1463604638), or wherever you get podcasts.\n\nFollow us on Twitter ([@FaithlessMTG](https://twitter.com/FaithlessMTG))\n\n\\*\\*\\*\\*\\*\n\nDecklists and timestamps\n\n***Weekly Roundup***\n\n\\[2:31\\] Legacy Stoneblade\n\n\\[5:53\\] Housekeeping\n\n\\[8:44\\] Set Championships, Arena economy, etc.\n\n***The Bizarre History of "Seance Guy"***\n\n\\[13:49\\] Bounties for destroying copies of Séance\n\n\\[18:08\\] 90.5 Bitcoin for making top 8 with Séance\n\n\\[21:08\\] A secret think tank of MTG pros\n\n***Brewing with Séance in 2022***\n\n\\[24:02\\] Rules notes\n\n\\[25:49\\] Key synergies\n\n\\[32:26\\] [Abzan Séance Rhino](https://www.mtggoldfish.com/deck/4302952#online) by IPlayBadDecks\n\n\\[34:00\\] Emi\'s [4c Wandering Mind Séance Reanimator](https://www.mtggoldfish.com/deck/4682251#online)\n\n\\[43:58\\] Emi\'s [Abzan Yorion Séance](https://www.mtggoldfish.com/deck/4682253#online)\n\n\\[46:31\\] [Mardu Blink by Rhianne](https://www.mtggoldfish.com/deck/4627851#online)\n\n\\[48:32\\] Closing thoughts: is Séance finally playable in Modern?', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/', 'thhl2s', [['u/KnifeChrist', 137, '2022-03-19 00:12', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i17t230/', '[[Seance]]', 'thhl2s'], ['u/MTGCardFetcher', 36, '2022-03-19 00:13', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i17t4am/', ' \n[Seance](https://c1.scryfall.com/file/scryfall-cards/normal/front/2/e/2e376bdf-076c-471a-9408-b36fc5b8405b.jpg?1593812924) - [(G)](http://gatherer.wizards.com/Pages/Card/Details.aspx?name=S%C3%A9ance) [(SF)](https://scryfall.com/card/mm3/22/s%C3%A9ance?utm_source=mtgcardfetcher) [(txt)](https://api.scryfall.com/cards/2e376bdf-076c-471a-9408-b36fc5b8405b?utm_source=mtgcardfetcher&format=text) \n^^^[[cardname]] ^^^or ^^^[[cardname|SET]] ^^^to ^^^call', 'thhl2s'], ['u/Elidril', 63, '2022-03-19 00:25', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i17unf1/', "These guys put on a great podcast. If you're into Modern or Pioneer, or constructed in general, give them a listen. They have great content and although they know the game, they're not too spiky for a casual listener who just wanted to get better at the game!", 'thhl2s'], ['u/samzeman', 58, '2022-03-19 02:05', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i187dsk/', "I can't believe that's where the story ends... I guess that he had a bunch of seances and wanted to sell them? He was assuming they'd reach $1200+? I'm fascinated. And I'm gonna listen to this later.", 'thhl2s'], ['u/DatKaz', 82, '2022-03-19 02:19', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i1895yw/', 'Small thing, but if you looked at the date on the 90 Bitcoin bounty, it was definitely in 2015. 90 BTC in 2017 was already like $1.8 million.', 'thhl2s'], ['u/MagnesiumStearate', 66, '2022-03-19 02:55', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i18dhrq/', 'The bitcoin he spent getting people to burn Seance definitely increased more in value.\n\nSeance is currently going for 20 cents.', 'thhl2s'], ['u/VELOSTERAPTOR_GO_VRR', 20, '2022-03-19 02:56', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i18dljv/', 'I remember partaking. Séance guy was well known for a long time here', 'thhl2s'], ['u/aoelag', 20, '2022-03-19 03:02', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i18ee9n/', "I don't think it's possible to destroy enough copies of a card like that. It would have to be REALLY old to achieve any significant value hike.", 'thhl2s'], ['u/Golden_Flame0', 16, '2022-03-19 03:17', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i18g4tc/', 'And then it was reprinted in Modern Masters 3.', 'thhl2s'], ['u/LoganNolag', 10, '2022-03-19 04:13', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i18mmwn/', "lol I remember this. I even [pulled a foil one](https://www.reddit.com/r/magicTCG/comments/60koe3/i_pulled_the_most_valuable_foil_in_the_set_from/) right around the time all this craziness was going on. I didn't destroy mine however. I think I still have it somewhere.", 'thhl2s'], ['u/yakusokuN8', 16, '2022-03-19 04:41', 'https://www.reddit.com/r/magicTCG/comments/thhl2s/séance_the_35_million_dollar_modern_deck_that/i18prhg/', "Also, I think you'd have to look at card sets that still had known print run numbers. So, maybe The Dark or earlier? Some of those uncommons and rares still were printed in the tens of thousands or a few hundred thousand copies, so it could be theoretically possible to destroy thousands of copies of them and significantly reduce the total number out there.\n\nMy dumb claim to fame is that I think I own something like 0.1% of all the copies of Blood Martyr from The Dark (if the print run numbers are to believed). This amounts to a few hundred copies of a card of which there are believed to be something like a quarter of a million in existence. \n\nBut, even if I destroyed my collection right now, a 0.1% increase in valu... Based 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:** ['While filing my income tax return using software, a question about virtual currency was asked. Can you write a column about income tax outcomes related to virtual currency?\n— RM, email\nVirtual currency is also known as cryptocurrency. According to most financial historians, digital currency began to gain traction in the last 15 years and its growth has been impressive. We\'ll turn to a February 2022Reader\'s Digestarticle, "Our Two Cents on Cryptocurrency" (pages 28-31) for a succinct – and somewhat understandable – summary of this new form of payment which is sold by companies such as Bitcoin, Ethereum, Binance Coin, Coinbase, Dogecoin, Tether and others. Quoting the Reader\'s Digest original article:\n"Most cryptocurrencies work using block-chain technology, a type of data base that serves as a permanent ledger for transactions . . . their value is based on the activity of their users. The more \'coins\' people buy, the more those coins are worth. . . . One way to earn cryptocurrency is through mining but it\'s an intensely complicated process that releases new coins into circulation using advanced computer equipment (just like other mined materials, the total amount of some cryptocurrencies is finite.) So the way most people get their cryptocurrency is by buying it on online exchange platforms. . . . Businesses that allow customers to pay with crypto include PayPal, Tesla and Xbox . . . . Even . . . charities, including The Water Project, The Red Cross and Save the Children, accept donations made in cryptocurrency."\nMerriam Websterstates that crypto". . . has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions."\nDon\'t underestimate the IRS\' interest in cryptocurrency. Look at the very first question under your name and address —"At any time . . . did you receive, sell, exchange or otherwise dispose of any financial interest in any virtual currency?"So, if you choose to invest in this volatile asset, be sure you receive proper documentation from the crypto company to determine gains and losses mentioned later in this column. There are crypto tax specialists helping folks who are very active in trading virtual currency. While the pandemic has slowed their efforts, the IRS began an active Virtual Currency Compliance Campaign before Covid. Check out www.irs.gov for help with "Frequently Asked Questions on Virtual Currency Transactions."\nAs for the income tax outcomes, virtual or cryptocurrency is treated as"property"by the Internal Revenue Service. As you read this column, the IRS is working on a set of provisions that address this newcomer which is pitched by Matt Damon in TV ads, provides comedy material for "Saturday Night Live" and perplexes many (including your columnists) who aren\'t sure what it\'s all about.\nThe IRS stance (i.e, cryptocurrency is property) treats gains and losses as capital in nature. Thus report gains as either short-term or long-term capital gains. Since any "property train" runs both ways, cryptocurrency losses show up on a Form 1040 as either short-term or long-term capital losses. Next week\'s column will concentrate on the tax treatment of capital gains and losses. At this point, we\'ll take the "Reader\'s Digest" route – Net Short-Term Capital Gains are taxed like ordinary income; Net Long-Term Capital gains receive preferential tax treatment; Net Capital Losses face stringent rules which may limit their ability to offset income or gains on a 1040.\nOne thing for sure,Superman will never use cryptocurrency! WHY?Cryptocurrency sounds too much like Kryptonite which is Superman\'s Achilles Heel!!\nKen & Klee\'s income tax bulletin board. A recent article in "Forbes" reports the top 10 cryptocurrencies have a total market capitalization (i.e., value of all cryptocoins in circulation) of over $1.5 billion with the two leaders, Bitcoin and Ethereum, making up over 75 percent of that total. You can gauge the growth of the virtual currency business by looking at what is happening in Washington, D.C. A public advocacy group\'s recent report indicates the number of crypto lobbyists has tripled in the last 3 years. Last week, saw President Biden issue his first executive order to study digital currencies and consider additional regulations.\nRick Klee served as the tax director at the University of Notre Dame from 1998 through August 2019. A retired CPA, Klee is a graduate of Notre Dame. You can contact him at [email protected].\nKen Milani is a professor of accountancy at Notre Dame where he served as the faculty coordinator of the Notre Dame Tax Assistance Program. Contact him at [email protected]. E-mail questions to either.\nThis article originally appeared on South Bend Tribune:Taxes 2022: Crypto is treated as \'property\' by IRS', 'Russia is seeingan exodus of entrepreneurs, computer programmers and other educated middle-class citizens as Western sanctions and political instability make it impossible to run an international business in the country.\nRussia\'s invasion of Ukraine has forced millions to flee their homes, fearing for their lives. But the war is also leading to Russians moving from their home country. I spoke to a number of Russian entrepreneurs and venture capitalists who shared why they have left or are in the process of leaving their homeland. But as they try to start anew abroad, anti-Russia sentiment and economic sanctions are set to haunt them.\nAs Russia continued to amass troops at the Ukrainian border in mid-February, Eugene Konash, who had staff in Russia working remotely for his London-based gaming studioDc1ab, became increasingly worried. But like many others, he didn\'t expect a full-scale invasion.\nHis hopes of tensions fading soon evaporated. When it became clear Russia was waging a full-on war on Ukraine, Western countries began slapping sanctions on Russia. Businesses felt the impact right away.\nOne of Konash\'s employees found their bank hit by sanctions, blocking international transfers to his account. As the ruble collapsed, long queues formed outside banks in Russia as citizens scrambled to convert their savings into dollars -- only to find hefty fees and the governmentrestricting access to foreign currency.\nThe tipping point for Konash came when investors told him in no uncertain terms that his startup would be uninvestable if it continued to have such a heavy presence in Russia. His Russia-based team agreed it was time to leave.\n"The guys that even a month ago said they wouldn\'t leave Russia under any circumstances were talking about grabbing their things and literally driving to Kazakhstan to cross the land border because the tickets to get out were either sold out or were super expensive," said Konash.\nLike many tech firms with an international footprint, Konash\'s gaming startup hires developers across Eastern Europe for the region\'s affordable and quality programmers. Originally from Belarus, Konash knows well that the former Soviet bloc nations\' emphasis on science and math education has helped a world-class engineering and scientific workforce to flourish.\nFinancial sanctions aside, it became impractical to operate an information technology company from Russia as foreign tech services are either banned or begin to retreat.\nGoogle and Microsofthave suspended all sales in the country, while Russia has attempted to blockFacebook,Instagram, andTwitter, albeit withmixed results. Some users could still access these American platforms following the bans, suggesting that Russia may be some way away from having a robust censorship machine like that of China. Facebook andTwittersaid they were working to restore services in Russia.\n"Who knows when development tools like Unity may be blocked?" said a Siberia-born gaming investor who left the country following the 2015 Crimea annexation and subsequent economic sanctions by the West. "No one wants to end up in a country with no access to the outside world."\nThe investor declined to be named, fearing the Russian government\'s crackdown on dissenters.\nAfter the invasion of Crimea seven years ago, many Russian-built companies began to incorporate elsewhere in a bid to placate investors with qualms over the political risks and optics associated with backing Russian companies. Before, many of these firms were operating outside the country merely on paper, with their teams often entirely still based in Russia. But the full-scale invasion of Ukraine has turned a trickle into a flow.\n"After 2015, companies were drifting out of Russia legally," observed an investor at a venture capital firm that recently moved its Moscow team out of the country. Even before the Ukraine crisis, the firm would only back a Russia-based startup if it was incorporated outside the country and had an international focus.\n"Physically, these startups would still be based in Russia. They\'d conduct R&D there because the cost of living was low," said the investor, who asked for anonymity because the topic is "highly sensitive" for the firm, which has been trying to distance itself from Russia.\nLife as a startup incorporated overseas but operating for all intents and purposes in Moscow itself sounded pretty breezy up until recently, said Nikita Blanc, who four years ago changed his last name from Akimov. His companyHeyeveryone, which is building a tool to automate investor relations management, is in the process of incorporating in Delaware.\nNikita Blanc\'s team working in Moscow before leaving the country following Russia\'s invasion of Ukraine.\nThe startup never intended to serve the Russian market alone, but Blanc and his wife picked Moscow as a base for the obvious perks: their parents could help take care of their 3-year-old daughter; the country\'s internet was speedy, cheap, and free at the time; and Moscow was teeming with tech meetups wher **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: 2022-03-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $798,420,038,400 - Hash Rate: 210160951.25482893 - Transaction Count: 210547.0 - Unique Addresses: 572086.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.31 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The U.S. Federal Reserve has emerged as one of the mostinfluentialentities in the bitcoin market in the wake of the coronavirus pandemic. What's not clear are the roles of other major central banks, including the European Central Bank (ECB) and Bank of England (BOE). According to Noelle Acheson, head of market insights at CoinDesk's sister company Genesis Global Trading, those banks' actions matter to traders holding cryptocurrencies in euros, the official currency of 19 of the 27 member states of the European Union (EU), and the British pound. "We're so used to watching crypto in dollars; we forget that for many, performance is decided by relative movements in local currencies," Acheson told CoinDesk in a Telegram chat. "Also, many traders borrow in local currencies to trade, so higher borrowing costs will eat into their profits." The BOE on Thursday raised official borrowing costs by 25 basis points to 0.5%, matching estimates. The central bank's policy statement showed four members voted for a 50 basis-point hike, signaling the potential for a faster tightening than historical standards. Officials unanimously voted to begin shrinking the balance sheet. The central bank was widely expected to raise rates by 25 basis points, while pushing back against market expectations of a total of five quarter-percentage-point hikes by the end of 2023. "Most were already discounting a raise from the BOE, but not the ECB," Acheson said. The ECB, as expected, kept its benchmark interest rate unchanged at 0.25%, while maintaining that higher inflation will fade by year end. Dessislava Aubert, senior research analyst at Paris-based crypto market data provider Kaiko, said the growing monetary policy divergence between the Fed and the ECB might lead to a stronger dollar and weaker bitcoin. "While the Fed is expected to hike rates several times this year, the ECB has adopted a more sequential and slow-go approach to monetary policy tightening – explicitly ruling out a rate hike for this year. This will likely impact the U.S. currency relative to the euro," Aubert said in a WhatsApp chat. "There is already a rate differential, with between the U.S. yields which have increased since November and German yields which are up only a little. Stronger dollar is generally bearish for equities and bitcoin with BTC moving in the opposite direction to the greenback over the past months," Aubert added. The BOE and ECB rate decisions failed to inject volatility into the bitcoin market, leaving the cryptocurrency largely steady at under $37,000. Europe has been a major source of demand for bitcoin and cryptocurrencies. Both the ECB and BOE have contributed to the two-year global liquidity deluge commonly associated with the Fed and have fueled unprecedented risk-taking in financial markets. Data tracked byByteTree Asset Managementshows the number of bitcoin held by U.S. and Canadian closed-ended funds and Canadian and European exchange-traded funds (ETFs) has risen 165% since early 2020 to 842,153 BTC. AChainalysis reportreleased in October mentioned Europe as the world's largest crypto market. "Central, Northern, & Western Europe (CNWE) has the biggest cryptocurrency economy in the world, receiving over $1 trillion worth of cryptocurrency over the last year, which represents 25% of global activity," the blockchain analytics firm said. Together, the Fed, the ECB, BOE, the Swiss National Bank (SNB) and the Bank of Japan (BOJ) have $27 trillion worth of assets, according to Bloomberg. That's up from $14 trillion at the start of 2020. Thus, monetary policy revisions by the European and North American central banks can influence bitcoin's price. "Broader monetary policy trends do matter for the medium term as it sets the tone for global liquidity and global risk appetite," Ilan Solot, a partner at the Tagus Capital Multi-Strategy Fund, said in a Telegram chat. While central banks in advanced nations have worked in tandem to flood the global economy with cash, the Fed sets the worldwide narrative and draws the most attention from financial markets. "While all macro decisions matter, the Fed is the most important as it drives the global policy," said Charlie Morris, founder and chief investment officer of ByteTree Asset Management. The Fed is widely seen as the lender of the last resort because of the dollar's global reserve status, as explained in a Council on Foreign Relations articledatedSeptember 2020. The popular theory states that the dollar's reserve status ensures constant demand for the greenback in the global market. That allows the Fed, in theory, to print to infinity without worrying about sharp currency depreciation and a surge in inflation. The U.S. central bank has taken a sharp hawkish turn since November, retiring the word "transitory" from inflation discussions, setting the stage for at least four interest rate hikes this year and an end to the liquidity-boosting bond-buying program in March. Bitcoin, widely touted as an inflation hedge, has declined by 45% since mid-November, predominantly due to the Fed jitters. Speculation ofglobal tighteninghas been doing the rounds since the Fed's hawkish turn. Thus, impending anti-stimulus comments or actions from other central banks, if any, may not have a significant negative impact on bitcoin. On the flip side, the battered cryptocurrency may see a relief rally if the likes of ECB squash fears of aggressive monetary policy tightening, though the central bank has little room to do so given inflation is running at multiyear highs. "If ECB and BOE do not pull the trigger, this will offer up some short-term tailwinds with the price of bitcoin," said Laurent Kssis, a crypto ETF expert and director of CEC Capital. That said, overall, the environment for risk assets, including bitcoin, is gloomy, according to Pankaj Balani, CEO of Delta Exchange. "The cryptocurrency could continue to trade sideways until bottom fishing emerges," Balani told CoinDesk in a WhatsApp call. "That looks unlikely as long as macro factors remain bearish." UPDATE (Feb. 3, 12:23 UTC):Updates with BOE's rate decision; removes "Preview" from headline. UPDATE (Feb. 3, 13:07 UTC):Adds ECB decision UPDATE (Feb. 3, 13:47 UTC):Adds quote from Kaiko... - 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:** ['Key Insights: It was a bearish end to the week for DOGE and SHIB. After leading the way on Saturday, SHIB was among the worst performers on Sunday. Key technical indicators are bearish, with DOGE and SHIB struggling at their 100-day EMAs. It was a bearish day for DOGE and SHIB on Sunday. Bearish sentiment across the crypto market delivered downside on the day. Reversing a 3.78% rally from Saturday, DOGE fell by 3.56% to end the day at $0.1193. SHIB partially reversed an 8.20% jump from Saturday, with a 4.35% loss to end the day at $0.0000231. SHIB News and Market Risk Sentiment Delivers Solid Gains Following news of the SHIB community burning 189.7 million Shiba Inu on Saturday, news updates were more bearish on Sunday. News of SHIB holders falling by 32,832 was SHIB negative. According to the report, SHIB holders had risen in recent months before a decline on March, 17. The negative news, coupled with waning investor appetite, left the pair down on the day. AVAX (-5.55%) and SOL (-4.05%) also saw heavy losses. ApeCoin ( APE ) led the way down, however, tumbling by 17.88%. DOGE Price Action At the time of writing, DOGE was up 0.25% to $0.1196. DOGE would need to return to $0.13 levels to shift sentiment. Technical Indicators DOGE will need to move through the day\x92s $0.1203 pivot to make a run on the First Major Resistance Level at $0.1231. DOGE would need the broader crypto market to support a breakout from $0.1220 levels. An extended rally would test the Second Major Resistance Level at $0.1269. The Third Major Resistance Level sits at $0.1335. Failure to move through the pivot would test the First Major Support Level at $0.1165. Barring an extended sell-off, DOGE should steer clear of sub-$0.1150 levels. The Second Major Support Level sits at $0.1137. Failure to move through the pivot would leave support levels in play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. DOGE sits below the 100-day EMA, currently at $0.1197. This morning, the 50-day EMA flattened on the 100-day and the 200-day. The 100-day EMA pulled back from the 200-day EMA, also negative. Story continues A move back through the 100-day EMA would support another run at $0.13. A move back through the 100-day EMA would provide support. SHIB Price Action At the time of writing, SHIB was up by 0.61% to $0.00002324. Failure to move through the March high of $0.00002859 will leave SHIB under pressure. Technical Indicators SHIB will need to move through the day\x92s $0.0000234 pivot to make a run on the First Major Resistance Level at $0.0000242. SHIB would need the broader crypto market to move through to $0.000024 levels. An extended rally would test the Second Major Resistance Level at $0.0000253. The Third Major Resistance Level sits at $0.0000272. Failure to move through the pivot would bring the First Major Support Level at $0.0000223 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000021 levels. The Second Major Support Level at $0.0000215 should limit the downside. A move through the pivot would be needed to avoid another day in the red. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. SHIB sits on the 100-day EMA at $0.0000231 following Sunday\x92s loss. This morning, the 50-day EMA narrowed to the 100-day EMA, providing support. The 100-day EMA flattened on the 200-day EMA, a bearish signal. Holding above the 100-day EMA would bring the Major Resistance Levels into play. A fall through the 100-day EMA would bring support levels into play. This article was originally posted on FX Empire More From FXEMPIRE: The Growing Importance of The Cybersecurity Sector In Light Of The Russian-Ukraine War The Bullish Patterns You Need To Know That Drive The Short Covering Rally in S&P 500 Aramco\x92s 2021 Financials Beats Predictions, Investments Targeted to Expand Film Platform MovieBloc (MBL) Draws Investor Interest Weekend Recovery Sees Ether Outperform Bitcoin as ETH Gains 5% The Week Ahead \x96 Russia, Central Banks, and Private Sector PMIs in Focus', '• It was a bearish end to the week for DOGE and SHIB.\n• After leading the way on Saturday, SHIB was among the worst performers on Sunday.\n• Key technical indicators are bearish, with DOGE and SHIB struggling at their 100-day EMAs.\nIt was a bearish day forDOGEandSHIBon Sunday. Bearish sentiment across thecryptomarket delivered downside on the day.\nReversing a 3.78% rally from Saturday, DOGE fell by 3.56% to end the day at $0.1193. SHIB partially reversed an 8.20% jump from Saturday, with a 4.35% loss to end the day at $0.0000231.\nFollowingnewsof the SHIB community burning 189.7 million Shiba Inu on Saturday, news updates were more bearish on Sunday.\nNewsof SHIB holders falling by 32,832 was SHIB negative. According to the report, SHIB holders had risen in recent months before a decline on March, 17.\nThe negative news, coupled with waning investor appetite, left the pair down on the day.\nAVAX(-5.55%) andSOL(-4.05%) also saw heavy losses. ApeCoin (APE) led the way down, however, tumbling by 17.88%.\nAt the time of writing, DOGE was up 0.25% to $0.1196.\nDOGE will need to move through the day’s $0.1203pivotto make a run on the First Major Resistance Level at $0.1231. DOGE would need the broader crypto market to support a breakout from $0.1220 levels.\nAn extended rally would test the Second Major Resistance Level at $0.1269. The Third Major Resistance Level sits at $0.1335.\nFailure to move through the pivot would test the First Major Support Level at $0.1165. Barring an extended sell-off, DOGE should steer clear of sub-$0.1150 levels. The Second Major Support Level sits at $0.1137.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. DOGE sits below the 100-day EMA, currently at $0.1197. This morning, the 50-day EMA flattened on the 100-day and the 200-day. The 100-day EMA pulled back from the 200-day EMA, also negative.\nA move back through the 100-day EMA would support another run at $0.13.\nAt the time of writing, SHIB was up by 0.61% to $0.00002324.\nSHIB will need to move through the day’s $0.0000234pivotto make a run on the First Major Resistance Level at $0.0000242. SHIB would need the broader crypto market to move through to $0.000024 levels.\nAn extended rally would test the Second Major Resistance Level at $0.0000253. The Third Major Resistance Level sits at $0.0000272.\nFailure to move through the pivot would bring the First Major Support Level at $0.0000223 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000021 levels. The Second Major Support Level at $0.0000215 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. SHIB sits on the 100-day EMA at $0.0000231 following Sunday’s loss. This morning, the 50-day EMA narrowed to the 100-day EMA, providing support. The 100-day EMA flattened on the 200-day EMA, a bearish signal.\nHolding above the 100-day EMA would bring the Major Resistance Levels into play.\nThisarticlewas originally posted on FX Empire\n• The Growing Importance of The Cybersecurity Sector In Light Of The Russian-Ukraine War\n• The Bullish Patterns You Need To Know That Drive The Short Covering Rally in S&P 500\n• Aramco’s 2021 Financials Beats Predictions, Investments Targeted to Expand\n• Film Platform MovieBloc (MBL) Draws Investor Interest\n• Weekend Recovery Sees Ether Outperform Bitcoin as ETH Gains 5%\n• The Week Ahead – Russia, Central Banks, and Private Sector PMIs in Focus', 'By Alun John\nHONG KONG, March 21 (Reuters) - The Japanese yen continued its slide on Monday morning, while the aussie and kiwi remained bid, with traders eying a string of public remarks by global central bank policy makers this week, including Fed chair Jay Powell later Monday.\nThe dollar climbed slightly on the yen to as much as 119.3 yen challenging the six-year peak of 119.39 touched on Friday. The dollar finished last week 1.6% higher versus the Japanese currency.\nAnalysts at CBA said they thought moves in the pair could slow this week, but they predict the dollar will climb further on the yen in the coming months as the gap between U.S. and Japanese interest rates widens.\n"Japan’s inflation dynamic is very different to that experienced in other major economies we monitor, As a result, an exit from the ultra-easy monetary policy by the Bank of Japan remains a long way off in our view," they said.\nIn contrast, the U.S. Federal Reserves raised its key interest rate by 25 basis points last week for the first time since the pandemic.\nTraders\' focus is now firmly on the speed and size of future rate hikes and the height of their eventual peak, as policy makers try to curb soaring inflation.\nA series of speeches by Fed policy makers this week, kicked off by remarks by Powell on Monday, could provide some clues.\nMarkets anticipate further rate increases at the Fed\'s subsequent meetings, with pricing indicating nearly a 90% chance of at least 75 basis points of increases across the Fed\'s May and June meetings, according to the CME\'s Fedwatch tool.\nSuch high expectations helped the dollar climb steadily in the early part of this year, but with many Fed increases already priced in, it could struggle to gain much more further, analysts say.\n"Given already-hawkish market expectations of Fed tightening, it is hard to foresee USD strength persisting beyond the near term," said analysts at Barclays.\nThe dollar index, which measures the greenback against six peers, was steady at 98.270.\nThe yen was also at a four-year low against the rampant Australian dollar, which has benefited from rising commodity prices.\nVersus the U.S. dollar, the Aussie was at $0.7414 after gaining 1.7% last week. Barclays analysts said they anticipated further gains as the Fed\'s hiking cycle is now priced in, and because of the ongoing recovery in global risk sentiment, which would 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: 2022-03-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $778,582,825,000 - Hash Rate: 208796269.7531742 - Transaction Count: 259912.0 - Unique Addresses: 663684.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Solana ( SOL ) has had plenty of airtime on the crypto news wires in recent weeks. Once tagged the “Ethereum ( ETH ) Killer”, outages have left Solana in the deep red for the current year. In spite of the ongoing outage issues, Solana continues to sit at #7 on CoinMarketCap . Support continues to come from the platform’s entry into the NFT and DeFi spaces. Solana hit an ATH $259.95 back in early November before hitting reverse to end the year at $169.93. Network Power Outages Test Support In early January, news hit the wires of a distributed denial-of-service (DDoS) attack. It was the 3 rd attack in less than 6-months. This followed an attack at the end of 2021 that had impacted network performance for hours. For the network, a 48-hour outage was the most significant, however, leaving users with heavy losses. 80,000 ETH Hack to Further Test Solana Support Overnight, news hit the wires of the Solana wormhole succumbing to an 80,000k ETH hack. Hackers reportedly targeted the Solana Wormhole bridge, with 80,000 in WETH sent to the hacker’s wallet. For the Solana platform, the result is unbacked ETH on the Solana blockchain. According to the news report, developers are negotiating with the hackers. The wormhole page has since been taken down. SOL Price Action On Wednesday, SOL slid by 7.5% to end the day at $101.89. A bearish session for the broader crypto market, coupled with the latest hack weighed on the day. For the day ahead, a move through the day’s $104 pivot level would support a run at the first major resistance level at $111 and Wednesday’s high $112.43. Plenty of support would be needed, however, to break back through to $110 levels. Failure to move through the day’s pivot would leave support levels in play. The first major support level sits at $95. Looking at the EMAs, SOL continues to sit well below the 50-day EMA at $136.5. On Wednesday, we also saw a bearish cross, with the 50 crossing through the 200 EMA. Early this morning, the 50-day EMA has continued to pullback from the 100 and 200-day EMAs, a bearish signal. Story continues At the time of writing, SOL was down by 0.58 to $101.30. This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Remains Stuck Near 1.2680 A Bullish Case for Bitcoin as Lebanon Targets Depositors’ Fiat? NFT Marketplace HitPiece Sells Music Assets Without Permission EUR/USD Reaction to 1.1303 – 1.1345 Sets Short-Term Tone UK Tax Authorities Muddy the Crypto Tax Waters Silver Prices Rise in the Wake of Disappointing Jobs Data... - 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 Chuck Mikolajczak NEW YORK (Reuters) - The dollar edged lower on Tuesday as a boost from comments by U.S. Federal Reserve Chair Jerome Powell that boosted the greenback on the previous day faded and a rise in equities markets help boost risk-on sentiment. The greenback saw its biggest one-day percentage gain since March 10 on Monday, as Powell opened the door for raising interest rates by more than 25 basis points at upcoming policy meetings in order to combat inflation. On Tuesday, St. Louis Fed President James Bullard repeated his call for the Fed to move aggressively on Bloomberg TV. San Francisco Fed President Mary Daly said she believes the main risk to the economy is a worsening of already high inflation as oil prices climb due to the conflict in Ukraine and a disruption in supply chains from China\'s COVID-19 countermeasures. Traders are pricing in a 61.6% chance of a 50-basis-point hike at the Fed\'s May meeting, according to CME\'s FedWatch Tool, up from slightly more than 50% a week ago. In the wake of Powell\'s comments, Goldman Sachs now anticipates the central bank will raise interest rates by 50 basis points at both its May and June meetings. Investors were in a risk-on mood, as U.S. stocks rose and dented some of the safe-haven appeal of the greenback, with equities getting a lift, in part, from bank shares on Fed rate hike expectations. "For the dollar, it is well supported by the Fed\'s increasingly hawkish rate stance but it is off its peaks, risk-appetite has something to do with that, with stocks higher that is kind of tempering the dollar\x92s gains," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. "At least for now, it seems the market is giving the Fed the benefit of the doubt that it can foster a soft landing and that is what is underpinning risk appetite and capping gains in the dollar." The dollar index fell 0.06%. The yen continued its recent weakness as the Bank of Japan renewed its stance on keeping its ultra-loose monetary policy intact. Story continues The yen hit a fresh six-year low of 121.03 and last weakened 1.05% versus the greenback at 120.72 per dollar. The yen also suffered against other currencies, with the euro hitting a five-month high of 133.33 and was last up 1.2% to $133.17. The Japanese currency slumped to a more than 6-1/2-year low against the Swiss franc at 128.91, with the franc last up 1.48% to $128.89. The euro was up 0.13% to $1.1028. The single currency has weakened over the past month as the conflict in Ukraine has escalated, leading to an increase in energy prices. On Monday, European Central Bank President Christine Lagarde said the Fed and ECB will move out of sync, as the war in Ukraine has very different impacts on their respective economies. But ECB policymaker Francois Villeroy de Galhau said on Tuesday the central bank needs to look beyond short-term swings in energy prices and focus on underlying inflation trends. Sterling was last trading at $1.326, up 0.72% on the day. In cryptocurrencies, Bitcoin last rose 3.67% to $42,662.37. Ethereum last rose 3.59% to $3,014.26. (Reporting by Chuck Mikolajczak; Editing by Marguerita Choy and Jonathan Oatis)', 'By Chuck Mikolajczak NEW YORK (Reuters) - The dollar edged lower on Tuesday as a boost from comments by U.S. Federal Reserve Chair Jerome Powell that boosted the greenback on the previous day faded and a rise in equities markets help boost risk-on sentiment. The greenback saw its biggest one-day percentage gain since March 10 on Monday, as Powell opened the door for raising interest rates by more than 25 basis points at upcoming policy meetings in order to combat inflation. On Tuesday, St. Louis Fed President James Bullard repeated his call for the Fed to move aggressively on Bloomberg TV. San Francisco Fed President Mary Daly said she believes the main risk to the economy is a worsening of already high inflation as oil prices climb due to the conflict in Ukraine and a disruption in supply chains from China\'s COVID-19 countermeasures. Traders are pricing in a 61.6% chance of a 50-basis-point hike at the Fed\'s May meeting, according to CME\'s FedWatch Tool, up from slightly more than 50% a week ago. In the wake of Powell\'s comments, Goldman Sachs now anticipates the central bank will raise interest rates by 50 basis points at both its May and June meetings. Investors were in a risk-on mood, as U.S. stocks rose and dented some of the safe-haven appeal of the greenback, with equities getting a lift, in part, from bank shares on Fed rate hike expectations. "For the dollar, it is well supported by the Fed\'s increasingly hawkish rate stance but it is off its peaks, risk-appetite has something to do with that, with stocks higher that is kind of tempering the dollar\x92s gains," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. "At least for now, it seems the market is giving the Fed the benefit of the doubt that it can foster a soft landing and that is what is underpinning risk appetite and capping gains in the dollar." The dollar index fell 0.06%. The yen continued its recent weakness as the Bank of Japan renewed its stance on keeping its ultra-loose monetary policy intact. Story continues The yen hit a fresh six-year low of 121.03 and last weakened 1.05% versus the greenback at 120.72 per dollar. The yen also suffered against other currencies, with the euro hitting a five-month high of 133.33 and was last up 1.2% to $133.17. The Japanese currency slumped to a more than 6-1/2-year low against the Swiss franc at 128.91, with the franc last up 1.48% to $128.89. The euro was up 0.13% to $1.1028. The single currency has weakened over the past month as the conflict in Ukraine has escalated, leading to an increase in energy prices. On Monday, European Central Bank President Christine Lagarde said the Fed and ECB will move out of sync, as the war in Ukraine has very different impacts on their respective economies. But ECB policymaker Francois Villeroy de Galhau said on Tuesday the central bank needs to look beyond short-term swings in energy prices and focus on underlying inflation trends. Sterling was last trading at $1.326, up 0.72% on the day. In cryptocurrencies, Bitcoin last rose 3.67% to $42,662.37. Ethereum last rose 3.59% to $3,014.26. (Reporting by Chuck Mikolajczak; Editing by Marguerita Choy and Jonathan Oatis)', 'By Chuck Mikolajczak NEW YORK (Reuters) - The dollar edged lower on Tuesday as a boost from comments by U.S. Federal Reserve Chair Jerome Powell that boosted the greenback on the previous day faded and a rise in equities markets help boost risk-on sentiment. The greenback saw its biggest one-day percentage gain since March 10 on Monday, as Powell opened the door for raising interest rates by more than 25 basis points at upcoming policy meetings in order to combat inflation. On Tuesday, St. Louis Fed President James Bullard repeated his call for the Fed to move aggressively on Bloomberg TV. San Francisco Fed President Mary Daly said she believes the main risk to the economy is a worsening of already high inflation as oil prices climb due to the conflict in Ukraine and a disruption in supply chains from China\'s COVID-19 countermeasures. Traders are pricing in a 61.6% chance of a 50-basis-point hike at the Fed\'s May meeting, according to CME\'s FedWatch Tool, up from slightly more than 50% a week ago. In the wake of Powell\'s comments, Goldman Sachs now anticipates the central bank will raise interest rates by 50 basis points at both its May and June meetings. Investors were in a risk-on mood, as U.S. stocks rose and dented some of the safe-haven appeal of the greenback, with equities getting a lift, in part, from bank shares on Fed rate hike expectations. "For the dollar, it is well supported by the Fed\'s increasingly hawkish rate stance but it is off its peaks, risk-appetite has something to do with that, with stocks higher that is kind of tempering the dollar\x92s gains," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. "At least for now, it seems the market is giving the Fed the benefit of the doubt that it can foster a soft landing and that is what is underpinning risk appetite and capping gains in the dollar." The dollar index fell 0.06%. The yen continued its recent weakness as the Bank of Japan renewed its stance on keeping its ultra-loose monetary policy intact. Story continues The yen hit a fresh six-year low of 121.03 and last weakened 1.05% versus the greenback at 120.72 per dollar. The yen also suffered against other currencies, with the euro hitting a five-month high of 133.33 and was last up 1.2% to $133.17. The Japanese currency slumped to a more than 6-1/2-year low against the Swiss franc at 128.91, with the franc last up 1.48% to $128.89. The euro was up 0.13% to $1.1028. The single currency has weakened over the past month as the conflict in Ukraine has escalated, leading to an increase in energy prices. On Monday, European Central Bank President Christine Lagarde said the Fed and ECB will move out of sync, as the war in Ukraine has very different impacts on their respective economies. But ECB policymaker Francois Villeroy de Galhau said on Tuesday the central bank needs to look beyond short-term swings in energy prices and focus on underlying inflation trends. Sterling was last trading at $1.326, up 0.72% on the day. In cryptocurrencies, Bitcoin last rose 3.67% to $42,662.37. Ethereum last rose 3.59% to $3,014.26. (Reporting by Chuck Mikolajczak; Editing by Marguerita Choy and Jonathan Oatis)', 'By Chuck Mikolajczak\nNEW YORK (Reuters) - The dollar edged lower on Tuesday as a boost from comments by U.S. Federal Reserve Chair Jerome Powell that boosted the greenback on the previous day faded and a rise in equities markets help boost risk-on sentiment.\nThe greenback saw its biggest one-day percentage gain since March 10 on Monday, as Powell op **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: 2022-03-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $806,207,411,138 - Hash Rate: 203337543.74655527 - Transaction Count: 264569.0 - Unique Addresses: 681184.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: JHVEPhoto / Getty Images Google announced it has signed a “definitive agreement” to acquire cybersecurity company Mandiant in an all-cash transaction valued at approximately $5.4 billion. Upon the close of the acquisition, Mandiant will join Google Cloud, the company said in a press release. See: Cybersecurity Stocks Set to Surge After Russia’s Invasion of Ukraine Find: As Russia Invades Ukraine, is Bitcoin Still a Safe Haven Compared to Gold? The deal comes against the backdrop of increased potential cybersecurity threats from Russia, and renewed calls from politicians and experts for companies to protect themselves. “Today, organizations are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative. To address these risks, enterprises need to be able to detect and respond to adversaries quickly; analyze and automate threat intelligence to scale threat detection across organizations; orchestrate and automate remediation; validate their protection against known threats; and visualize their IT environment in order to identify and simulate new threats,” Google said in the release. Wedbush Securities analyst Dan Ives wrote in a note to investors that there has been much media speculation that Mandiant was in play with Microsoft or Google as a potential suitor, and today’s news finalizes this process over the last month, with Mandiant up significantly (50%+) from early February/pre-M&A speculation. Mandiant’s stock spiked 16% just on Monday amid the report of the Google acquisition. “This deal is all about Mandiant being further integrated into Google Cloud with more cyber threats facing enterprises/governments on the transformational shift to cloud and Mandiant establishing itself as ‘the Navy Seals of cyber security’ over the last decade,” Ives wrote in the note, sent to GOBankingRates. He added that with cyber attacks increasing by the day and cyber warfare underway from Russia/state sponsored cyberterrorism organizations, Google is doubling down on its cyber security footprint at the right time with Mandiant and looking to differentiate itself from the likes of behemoths Microsoft and Amazon in the cloud arms race. See: How Much Is Google Worth? Find: 5 Crypto Scams Investors Should Be Aware Of “We believe this deal will have a major ripple impact across the cybersecurity space as cloud stalwarts Amazon and Microsoft will now be pressured into M&A and further bulk up its cloud platforms,” Ives wrote. He added, “We believe today’s deal is the tip of the iceberg to a massive phase of consolidation potentially ahead for the cloud space” in a massive growth backdrop for cyber security and further tailwinds seen during this Ukraine invasion “from Russia bad actors/nation state attacks.” Story continues More From GOBankingRates Experts: Here's How Much You Should Have In Your Checking Account 22 Side Gigs That Can Make You Richer Than a Full-Time Job What To Do With Your Money During High Inflation 12 Expenses Successful People Don't Waste Time or Money On This article originally appeared on GOBankingRates.com : Google To Acquire Cybersecurity Firm Mandiant in $5.4 Billion Deal 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:** ['By Chuck Mikolajczak\nNEW YORK (Reuters) - The dollar climbed on Wednesday while the euro weakened as oil prices shot higher again with U.S. President Joe Biden poised to announce, alongside European leaders, new sanctions against Russia during his trip to Europe.\nBiden is due to arrive in Brussels later on Wednesday on his first foreign trip since the war in Ukraine began, and will meet NATO and European leaders in an emergency summit at the Western military alliance\'s headquarters. Sources said the U.S. package would include measures targeting Russian members of parliament.\nPrices for commodities such as oil and wheat have climbed as tensions in Ukraine have escalated, putting additional upward pressure on already high inflation due to supply chain bottlenecks. Rising inflation has led many central banks, including the U.S. Federal Reserve, to take measures to rein in prices, such as by raising interest rates.\n"The capital flow is going to be I don’t want to be in Europe, it is closer to Ukraine literally in the geographical sense, but also it is the fallout from the sanctions, there is a lot of money rotating back out of Europe and back towards the States," said Huw Roberts, head of analytics at Quant Insight.\n"If we get another round of sanctions, then people therefore say the blowback on the West is going to fall on Europe disproportionately."\nThe dollar index rose 0.097%, with the euro down 0.17% to $1.1008.\nCrude prices were up more than 5% on Wednesday, supported by disruption to Russian and Kazakh crude exports.\nThe Russian rouble strengthened 8.65% versus the greenback at 89.50 per dollar after hitting a one-month high of 87.50 after Russian President Vladimir Putin said Russia will seek payment in roubles for gas sales from "unfriendly" countries.\nFederal Reserve Chair Jerome Powell raised the possibility of raising interest rates by more than 25 basis points at upcoming meetings, a more aggressive stance echoed by other policymakers, which has supported the greenback and helped boost the yield on the benchmark 10-year U.S. Treasury note to more than 2.4%.\nOn Wednesday, San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester became the latest Fed policymakers to indicate a bigger hike was in the offing at the central bank\'s May meeting.\nJefferies on Wednesday updated its Fed forecast in light of Powell\'s comments and now sees a 50-basis-point rate hike at both the May and June meetings, followed by 25-basis-point hikes at the remaining meetings of 2022.\nThe Japanese yen weakened 0.30% to 121.12 per dollar, while the British pound was last trading at $1.3207, down 0.42% on the day after earlier hitting a three-week high of $1.3298.\nInflation in Britain shot up faster than expected last month to hit a new 30-year high at a 6.2% year-over-year rise. British finance minister Rishi Sunak cut taxes for workers and reduced a duty on fuel on the heels of the inflation data as he sought to soften a severe cost-of-living squeeze against the backdrop of fast-rising prices and slowing economic growth.\nThe yen has been weak against the dollar recently, with the currency slipping to a new six-year low of 121.40 per dollar as the path of their respective central banks has diverged. Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank must maintain ultra-loose monetary policy as recent cost-push inflation could hurt the economy.\nIn cryptocurrency markets, Bitcoin last fell 0.98% to $42,179.99.\nEthereum last fell 1.32% to $2,962.69.\n(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum and Jonathan Oatis)', 'By Chuck Mikolajczak NEW YORK (Reuters) - The dollar climbed on Wednesday while the euro weakened as oil prices shot higher again with U.S. President Joe Biden poised to announce, alongside European leaders, new sanctions against Russia during his trip to Europe. Biden is due to arrive in Brussels later on Wednesday on his first foreign trip since the war in Ukraine began, and will meet NATO and European leaders in an emergency summit at the Western military alliance\'s headquarters. Sources said the U.S. package would include measures targeting Russian members of parliament. Prices for commodities such as oil and wheat have climbed as tensions in Ukraine have escalated, putting additional upward pressure on already high inflation due to supply chain bottlenecks. Rising inflation has led many central banks, including the U.S. Federal Reserve, to take measures to rein in prices, such as by raising interest rates. "The capital flow is going to be I don’t want to be in Europe, it is closer to Ukraine literally in the geographical sense, but also it is the fallout from the sanctions, there is a lot of money rotating back out of Europe and back towards the States," said Huw Roberts, head of analytics at Quant Insight. "If we get another round of sanctions, then people therefore say the blowback on the West is going to fall on Europe disproportionately." The dollar index rose 0.097%, with the euro down 0.17% to $1.1008. Crude prices were up more than 5% on Wednesday, supported by disruption to Russian and Kazakh crude exports. The Russian rouble strengthened 8.65% versus the greenback at 89.50 per dollar after hitting a one-month high of 87.50 after Russian President Vladimir Putin said Russia will seek payment in roubles for gas sales from "unfriendly" countries. Federal Reserve Chair Jerome Powell raised the possibility of raising interest rates by more than 25 basis points at upcoming meetings, a more aggressive stance echoed by other policymakers, which has supported the greenback and helped boost the yield on the benchmark 10-year U.S. Treasury note to more than 2.4%. Story continues On Wednesday, San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester became the latest Fed policymakers to indicate a bigger hike was in the offing at the central bank\'s May meeting. Jefferies on Wednesday updated its Fed forecast in light of Powell\'s comments and now sees a 50-basis-point rate hike at both the May and June meetings, followed by 25-basis-point hikes at the remaining meetings of 2022. The Japanese yen weakened 0.30% to 121.12 per dollar, while the British pound was last trading at $1.3207, down 0.42% on the day after earlier hitting a three-week high of $1.3298. Inflation in Britain shot up faster than expected last month to hit a new 30-year high at a 6.2% year-over-year rise. British finance minister Rishi Sunak cut taxes for workers and reduced a duty on fuel on the heels of the inflation data as he sought to soften a severe cost-of-living squeeze against the backdrop of fast-rising prices and slowing economic growth. The yen has been weak against the dollar recently, with the currency slipping to a new six-year low of 121.40 per dollar as the path of their respective central banks has diverged. Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank must maintain ultra-loose monetary policy as recent cost-push inflation could hurt the economy. In cryptocurrency markets, Bitcoin last fell 0.98% to $42,179.99. Ethereum last fell 1.32% to $2,962.69. (Reporting by Chuck Mikolajczak; Editing by Bernadette Baum and Jonathan Oatis)', 'By Chuck Mikolajczak\nNEW YORK (Reuters) - The dollar climbed on Wednesday while the euro weakened as oil prices shot higher again with U.S. President Joe Biden poised to announce, alongside European leaders, new sanctions against Russia during his trip to Europe.\nBiden is due to arrive in Brussels later on Wednesday on his first foreign trip since the war in Ukraine began, and will meet NATO and European leaders in an emergency summit at the Western military alliance\'s headquarters. Sources said the U.S. package would include measures targeting Russian members of parliament.\nPrices for commodities such as oil and wheat have climbed as tensions in Ukraine have escalated, putting additional upward pressure on already high inflation due to supply chain bottlenecks. Rising inflation has led many central banks, including the U.S. Federal Reserve, to take measures to rein in prices, such as by raising interest rates.\n"The capital flow is going to be I don’t want to be in Europe, it is closer to Ukraine literally in the geographical sense, but also it is the fallout from the sanctions, there is a lot of money rotating back out of Europe and back towards the States," said Huw Roberts, head of analytics at Quant Insight.\n"If we get another round of sanctions, then people therefore say the blowback on the West is going to fall on Europe disproportionately."\nThe dollar index rose 0.097%, with the euro down 0.17% to $1.1008.\nCrude prices were up more than 5% on Wednesday, supported by disruption to Russian and Kazakh crude exports.\nThe Russian rouble strengthened 8.65% versus the greenback at 89.50 per dollar after hitting a one-month high of 87.50 after Russian President Vladimir Putin said Russia will seek payment in roubles for gas sales from "unfriendly" countries.\nFederal Reserve Chair Jerome Powell raised the possibility of raising interest rates by more than 25 basis points at upcoming meetings, a more aggressive stance echoed by other policymakers, which has supported the greenback and helped boost the yield on the benchmark 10-year U.S. Treasury note to more than 2.4%.\nOn Wednesday, San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester became the latest Fed policymakers to indicate a bigger hike was in the offing at the central bank\'s May meeting.\nJefferies on Wednesday updated its Fed forecast in light of Powell\'s comments and now sees a 50-basis-point rate hike at both the May and June meetings, followed by 25-basis-point hikes at the remaining meetings of 2022.\nThe Japanese yen weakened 0.30% to 121.12 per dollar, while the British pound was last trading at $1.3207, down 0.42% on the day after earlier hitting a three-week high of $1.32 **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: 2022-03-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $799,763,731,200 - Hash Rate: 197878817.73993632 - Transaction Count: 264182.0 - Unique Addresses: 671738.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.31 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Canadian Dollar Is Losing Ground Against U.S. Dollar USD/CAD is currently trying to settle above the resistance at 1.2710 while U.S. dollar is moving higher against a broad basket of currencies. The U.S. Dollar Index managed to settle above the 97 level and is testing the resistance at 97.25. A successful test of this level will open the way to the test of the resistance at 97.45 which will be bullish for USD/CAD. Today, foreign exchange market traders focused on economic data from U.S. Fourth-quarter GDP Growth Rate report indicated that GDP increased by 6.9% quarter-over-quarter compared to analyst consensus which called for growth of 5.5%. This report provided significant support to the American currency. Initial Jobless Claims report showed that 260,000 Americans filed for unemployment benefits in a week, in line with the analyst consensus. Continuing Jobless Claims increased from 1.62 million (revised from 1.64 million) to 1.68 million compared to analyst consensus of 1.65 million. Durable Goods Orders declined by 0.9% month-over-month in December while analysts expected that they would decrease by 0.5%. Pending Home Sales declined by 3.8% month-over-month in December compared to analyst consensus of -0.2%. Technical Analysis USD to CAD is testing the resistance level at 1.2710. In case this test is successful, USD to CAD will move towards the next resistance which is located at 1.2730. RSI remains in the moderate territory, and there is plenty of room to gain additional momentum in case the right catalysts emerge. If USD to CAD gets above the resistance at 1.2730, it will head towards the next resistance level at 1.2760. A move above this level will push USD to CAD towards the resistance at 1.2780. In case USD to CAD manages to settle above this level, it will head towards the resistance at 1.2800. On the support side, the previous resistance at 1.2680 will serve as the first support level for USD to CAD. In case USD to CAD declines below this level, it will head towards the support at the 50 EMA at 1.2650. A successful test of this support level will push USD to CAD towards the support at 1.2625. 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: Heavy Metal Magazine Will Launch an NFT Collection With a New Concept Canceled NFT Listing Sold for $14.8K in OpenSea’s Latest Blunder S&P500 Continues to Chop Back and Forth Trader’s Squeeze Prompt Natural Gas to Fresh Decade Highs US SEC Rejects Fidelity’s Bitcoin Spot ETF, as BTC Price Still Struggles After Eminem, Neymar, and Others, Artist Gal Yosef Jumps on the NFT Train... - 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:** ['You’ve most likely noticed the immense buzz around NFTs , or non-fungible tokens, since the beginning of 2021 and how they have permeated the digital space since. But what exactly are NFTs ? And what can they mean for the world of contemporary fashion? Non-fungible tokens are considered a form of cryptocurrency , just like Bitcoin. The key difference is that NFTs evidently don’t possess the fungible quality that Bitcoin does, which grants them more rarity and exclusivity. The term "fungible" refers to the ability of an asset to be exchanged for other goods that are of the same value. An example of trafficking fungible currency would be trading a $20 USD bill for two $10 USD bills -- one would receive the same amount, but in different denominations. In contrast, NFTs are one-of-one and cannot be exchanged or duplicated, only reacquired through purchasing from its current proprietor. Unlike Bitcoins, there\'s a bit more complexity to the anatomy of NFTs. They are tracked through an application called Blockchain , which analyzes and keeps track of the activity among all buyers and sellers of various NFTs. In other words, Blockchain logistically tracks the continuous movement of NFTs throughout the digital space. In terms of the interrelation between fashion and NFTs, there\'s certainly been much discussion, exploration and even implementation. Although clothing, accessories and footwear are usually utilized tangibly, fashion NFTs exist to ultimately go beyond the physical realm to provide a unique " phygital " experience for a fashion consumer. Fashion NFTs Metaverse Fashion Week Republiqe Virtual Digital Cyber Contactless Clothing Crypto Fashion Week , which took place for the first time in February last year, is a digital event where fashion enthusiasts can further educate themselves about NFTs and other digital trends. The inaugural edition featured a community of avant-garde designers and artists as guest speakers. One of them was multi-disciplinary creative KESH , who\'s well-known for her monochromatic and geometric artworks, as well as collaborations with brands such as Moschino . Returning this March, CFW presented a series of insightful panel discussions on Telegram and Twitter, including a conversation between Gala Marija Vrbanic, founder of high-end contactless fashion label Tribute Brand , and Lauren Kacher of ALTERRAGE , about augmented reality and wearables . Story continues Hot on the heels of CFW, virtual reality platform Decentraland will kick off its Metaverse Fashion Week on March 24, with brands like Tommy Hilfiger and Elie Saab set to virtually present their collections over a four-day period. The event will also see participation from a crop of innovative, digital-first brands, such as Republiqe , The Fabricant and Auroboros . Unlike traditional, invite-only Fashion Weeks, tickets aren\'t required for MVFW, meaning anyone can view the digital shows, or even purchase the cyber clothing items to dress their customizable avatar. Physical versions of certain designs will also be available to satisfy those seeking to acquire the same items for their IRL wardrobe. View this post on Instagram A post shared by RTFKT Studios (@rtfktstudios) The concept of "phygital" fashion products has been around for some time. In February last year, virtual sneaker brand RTFKT Studios produced more than $3 million USD in sales with a limited-edition drop, which included both a tangible pair of polychrome sneakers and an NFT that correlates with the shoe. The exclusive NFT, of course, possesses much more value than the sneaker itself. The Balmain x Barbie collaboration launched in January is another example of a "phygital" product. The NFT release debuted auction-style, with three different digital dolls adorned in monochromatic pink garments embellished with the French fashion house’s monogram print. The co-branded collection also featured a complete lineup of tangible pieces, including dresses, T-shirts, jackets and shoes that were available to shop offline. When the NFT craze emerged early last year, there was still much planning needed for implementing NFTs as digital fashion experiences. The user experience design of most existent fashion NFT platforms once lacked the ability to appeal to a demographic of luxury consumers, but in just one year, more digital creators have successfully employed this concept to entice shoppers to invest in NFTs. An archetypical example is the MetaBirkins NFT . The MetaBirkins NFT showcases a digital art gallery of luxe handbags reminiscent of the silhouette of a Birkin bag, decorated with furry florals, cow print, distorted smiley face motifs and other psychedelic patterns. Conceived by LA-based digital artist Mason Rothschild, the NFT was also part of an Art Basel Miami showcase last December. It\'s worth noting that Rothschild\'s project wasn\'t created in partnership with Hermès but rather independently, and that the French luxury house is actually suing the artist for trademark infringement . Fashion NFTs Metaverse Fashion Week Republiqe Virtual Digital Cyber Contactless Clothing Currently, there are companies working on offering more luxurious digital experiences to appeal to NFT-inclined consumers. Australia-based start-up Neuno is a digital platform where fashion enthusiasts are encouraged to buy, collect and digitally wear, sell and trade on the Flow BlockChain. The start-up is collaborating with luxury fashion labels on implementing NFTs. For example, the consumer of a designer blouse will be able to utilize their fashion NFT in a multitude of ways, including trying on the blouse virtually as well as dressing their gaming avatar in the same garment. The rise of NFTs gives fashion brands the opportunity to capitalize on a new generation of shoppers that is incredibly tech-savvy, enjoys creating and curating digital content, and desires to collect highly coveted digitized novelties that are one of a kind. Creative application of NFTs can also be beneficial for luxury brands looking to bolster their diffusion lines -- their more casual and affordable sub-brands -- by generating buzz. Even smaller brands can experiment with NFTs and sell them on digital shopping platforms such as Nifty Gateway , KnownOrigin and OpenSea . The discussion and utilization of NFTs are inevitable these days, and these ongoing digital projects prove that NFT fashion is certainly not going anywhere anytime soon. Tiffany Harrison is a multifaceted creative who is skilled in visual storytelling. She immerses herself in artful endeavors within photography, prop styling, product design and creative writing. Tiffany’s work is very conceptual and is inspired by contemporary art, which she is truly passionate about. You can connect with Tiffany on her website and Instagram .', 'You’ve most likely noticed the immense buzz around NFTs , or non-fungible tokens, since the beginning of 2021 and how they have permeated the digital space since. But what exactly are NFTs ? And what can they mean for the world of contemporary fashion? Non-fungible tokens are considered a form of cryptocurrency , just like Bitcoin. The key difference is that NFTs evidently don’t possess the fungible quality that Bitcoin does, which grants them more rarity and exclusivity. The term "fungible" refers to the ability of an asset to be exchanged for other goods that are of the same value. An example of trafficking fungible currency would be trading a $20 USD bill for two $10 USD bills -- one would receive the same amount, but in different denominations. In contrast, NFTs are one-of-one and cannot be exchanged or duplicated, only reacquired through purchasing from its current proprietor. Unlike Bitcoins, there\'s a bit more complexity to the anatomy of NFTs. They are tracked through an application called Blockchain , which analyzes and keeps track of the activity among all buyers and sellers of various NFTs. In other words, Blockchain logistically tracks the continuous movement of NFTs throughout the digital space. In terms of the interrelation between fashion and NFTs, there\'s certainly been much discussion, exploration and even implementation. Although clothing, accessories and footwear are usually utilized tangibly, fashion NFTs exist to ultimately go beyond the physical realm to provide a unique " phygital " experience for a fashion consumer. Fashion NFTs Metaverse Fashion Week Republiqe Virtual Digital Cyber Contactless Clothing Crypto Fashion Week , which took place for the first time in February last year, is a digital event where fashion enthusiasts can further educate themselves about NFTs and other digital trends. The inaugural edition featured a community of avant-garde designers and artists as guest speakers. One of them was multi-disciplinary creative KESH , who\'s well-known for her monochromatic and geometric artworks, as well as collaborations with brands such as Moschino . Returning this March, CFW presented a series of insightful panel discussions on Telegram and Twitter, including a conversation between Gala Marija Vrbanic, founder of high-end contactless fashion label Tribute Brand , and Lauren Kacher of ALTERRAGE , about augmented reality and wearables . Story continues Hot on the heels of CFW, virtual reality platform Decentraland will kick off its Metaverse Fashion Week on March 24, with brands like Tommy Hilfiger and Elie Saab set to virtually present their collections over a four-day period. The event will also see participation from a crop of innovative, digital-first brands, such as Republiqe , The Fabricant and Auroboros . Unlike traditional, invite-only Fashion Weeks, tickets aren\'t required for MVFW, meaning anyone can view the digital shows, or even purchase the cyber clothing items to dress their customizable avatar. Physical versions of certain designs will also be available to satisfy those seeking to acquire the same items for their IRL wardrobe. View this post on Instagram A post shared by RTFKT 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: 2022-03-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $810,849,251,075 - Hash Rate: 195149454.7366269 - Transaction Count: 262987.0 - Unique Addresses: 677148.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.40 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Featured Image for eCash Featured Image for eCash VANCOUVER, British Columbia, March 12, 2022 (GLOBE NEWSWIRE) -- Recent protests in Ottawa and blockades around the Canada-U.S. border caused tension in a three week long tug of war between people and state. Truckers came out in opposition to mask mandates and mandatory vaccinations, drawing a large crowd of supporters in-person and online. Fiat and even crypto donations were flowing into crowdfunding campaigns and wallet addresses. Shortly after, the Canadian government instructed banks to freeze 206 accounts affiliated with the protest. In an unprecedented move, Trudeau signed the Emergencies Act . In a tweet by Ottawa police, they threatened financial sanctions as repercussions and viewed any support as a criminal charge. In recent days, the Emergencies Act has finally been revoked , though bank accounts remain frozen and wallet addresses continue to be blacklisted. The Canadian government was able to easily blacklist 253 wallet addresses due to the easily traceable nature of Bitcoin: "The past and present ownership of every Bitcoin—in fact every 10-millionth of a Bitcoin—is dutifully recorded in the blockchain, an ever-growing public ledger shared across the Internet" ( Bohannon ). This is why criminals can't hide behind Bitcoin, or even Ethereum for that matter on centralized exchanges because of the identity authentication process (Know Your Customer). If another crypto fundraiser were to take place, Bitcoin may not be the answer — its addresses are too transparent on the blockchain. The only way to avoid central authority's overstep without recourse is to successfully move away from wallets on centralized exchanges. In response to the Emergencies Act, Kraken CEO Jesse Powell advised worried users: "Don't keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p," he tweeted. That sure sounds like an easy pivot, yet understanding how decentralized works requires a bit more knowledge and patience. A small token swap on Uniswap may cost hundreds of dollars in gas fees on Ethereum , which is again impractical for small traders. If the freedom convoy was to use such crypto proceeds for water, food, or materials to rally continued support—they'd need a customer and vendor to open their wallets and swap with each other. Inevitably, they'll still have to deal with the high fees and slow transaction speeds to make a successful trade. Story continues Altcoins that have implemented technology to solve government tracking and fee issues remained relatively overlooked in the 2021 bull market. eCash , a previous fork from Bitcoin, implements larger blocks to virtually eliminate throughput scarcity. Privacy is available through the opt-in CashFusion protocol, upgraded in the latest release, which preserves supply auditability. eCash also has the same supply cap and low inflation characteristics as its predecessor, Bitcoin. The latest release of the eCash software also quietly turned every node into an Invisible Internet Project node, allowing users to participate in a separate, uncensorable, private layer of the internet. There are many other altcoins like Monero that claim to be " private cryptocurrencies " which can shield wallet addresses—yet higher inflation, poor auditability and ties to the darknet cast wariness for adoption and support. The trucker's freedom convoy in Canada paved the way for an ambitious near-perfect case study for Bitcoin. But the government's successful interference of blacklisting wallet addresses exposed its flaws and the problems other altcoins still face. Bitcoin and Ethereum failed to overcome state opposition to their use in a crowdfunding campaign. Next time, we'll learn which cryptocurrencies can succeed. For more inquiries, contact [email protected]. Related Images Image 1 This content was issued through the press release distribution service at Newswire.com . Attachment Featured Image for eCash... - 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:** ['Key Insights: It was another bullish session for DOGE and SHIB on Thursday. Continued market reaction to DOGE’s inclusion in Bitcoin ATMs delivered another DOGE breakout day. Key technical indicators are bullish, with DOGE and SHIB breaking out from their 200-day EMAs. It was a bullish day for DOGE and SHIB on Thursday. Bullish sentiment across the broader crypto market delivered support. Following a 6.04% rally on Wednesday, DOGE rose by 5.31% to end the day at $0.1368. SHIB followed a 3.96% gain on Wednesday, with a 1.48% rise to end the day at $0.00002475. Elsewhere, SOL led the way, rallying by 7.90%. ADA (+2.08%), AVAX (+1.72%), BNB (+1.42%), ETH (+2.42%), and XRP (+0.59%) trailed the front runners, while LUNA fell by 1.58%. Crypto Market Risk Sentiment Delivers Solid Gains On Thursday, broader investor appetite for cryptos delivered support to DOGE and SHIB. For Dogecoin, news of Bitcoin of America adding Dogecoin to its Bitcoin ATMs (BTMs) continued to provide support. BTMs are not only cash dispensers but also support the buying of crypto with fiat and the selling of crypto for fiat. DOGE Price Action At the time of writing, DOGE was down 1.17% to $0.1352. DOGE is under pressure early, with the broader crypto market also in the red early on. Technical Indicators DOGE will need to move through the day’s $0.1353 pivot to make a run on the First Major Resistance Level at $0.1427. DOGE would need the broader crypto market to support a breakout from Thursday’s high of $0.1412. An extended rally would test the Second Major Resistance Level at $0.1487 and resistance at $0.15. The Third Major Resistance Level sits at $0.1621. Failure to move through the pivot would test the First Major Support Level at $0.1293. Barring an extended sell-off, DOGE should steer clear of sub-$0.1250 levels. The Second Major Support Level sits at $0.1219. Failure to move through the pivot would leave support levels in play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 200-day EMA, currently at $0.1261. The 50-day EMA narrowed to the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA; DOGE positive. Story continues Holding above the 200-day EMA would support a run at $0.15. A bullish cross would bring $0.15 levels into play. SHIB Price Action At the time of writing, SHIB was down by 1.05% to $0.00002442. It’s a mixed start to the day, with broader market sentiment weighing. Technical Indicators SHIB will need to avoid the day’s $0.0000247 pivot to make a run on the First Major Resistance Level at $0.0000253. SHIB would need the broader crypto market to move through Thursday’s high of $0.00002524. An extended rally would test the Second Major Resistance Level at $0.0000258 and resistance at $0.0000260. The Third Major Resistance Level sits at $0.0000270. Failure to move through the pivot would bring the First Major Support Level at $0.0000242 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000024 levels. The Second Major Support Level sits at $0.0000236. A move back through the pivot would bring resistance levels into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 200-day EMA at $0.0000240. This morning, the 50-day EMA narrowed to the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA. A bullish cross of the 50-day EMA through the 200-day EMA would bring $0.000026 levels into play. A bullish cross of the 50-day EMA through the 200-day EMA would bring $0.000026 into play. This article was originally posted on FX Empire More From FXEMPIRE: DOGE Rises for a Third Consecutive Day, with SHIB also on the Move Fashion Week Kicks Off in the Metaverse With Big Names Going Virtual Stock Markets Quiet for Thursday Session Gold Prices Rise Despite Higher Treasury Yields Why is Implied Volatility Important to Commodity Hedging Why Alibaba Stock Is Down By 5% Today', 'Key Insights:\n• It was another bullish session for DOGE and SHIB on Thursday.\n• Continued market reaction to DOGE’s inclusion in Bitcoin ATMs delivered another DOGE breakout day.\n• Key technical indicators are bullish, with DOGE and SHIB breaking out from their 200-day EMAs.\nIt was a bullish day forDOGEandSHIBon Thursday. Bullish sentiment across the broadercryptomarket delivered support.\nFollowing a 6.04% rally on Wednesday, DOGE rose by 5.31% to end the day at $0.1368. SHIB followed a 3.96% gain on Wednesday, with a 1.48% rise to end the day at $0.00002475.\nElsewhere,SOLled the way, rallying by 7.90%.\nADA(+2.08%),AVAX(+1.72%),BNB(+1.42%),ETH(+2.42%), andXRP(+0.59%) trailed the front runners, whileLUNAfell by 1.58%.\nOn Thursday, broader investor appetite for cryptos delivered support to DOGE and SHIB.\nFor Dogecoin,newsof Bitcoin of America adding Dogecoin to its Bitcoin ATMs (BTMs) continued to provide support.\nBTMs are not only cash dispensers but also support the buying of crypto with fiat and the selling of crypto for fiat.\nAt the time of writing, DOGE was down 1.17% to $0.1352.\nDOGE will need to move through the day’s $0.1353pivotto make a run on the First Major Resistance Level at $0.1427. DOGE would need the broader crypto market to support a breakout from Thursday’s high of $0.1412.\nAn extended rally would test the Second Major Resistance Level at $0.1487 and resistance at $0.15. The Third Major Resistance Level sits at $0.1621.\nFailure to move through the pivot would test the First Major Support Level at $0.1293. Barring an extended sell-off, DOGE should steer clear of sub-$0.1250 levels. The Second Major Support Level sits at $0.1219.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 200-day EMA, currently at $0.1261. The 50-day EMA narrowed to the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA; DOGE positive.\nHolding above the 200-day EMA would support a run at $0.15.\nAt the time of writing, SHIB was down by 1.05% to $0.00002442.\nSHIB will need to avoid the day’s $0.0000247pivotto make a run on the First Major Resistance Level at $0.0000253. SHIB would need the broader crypto market to move through Thursday’s high of $0.00002524.\nAn extended rally would test the Second Major Resistance Level at $0.0000258 and resistance at $0.0000260. The Third Major Resistance Level sits at $0.0000270.\nFailure to move through the pivot would bring the First Major Support Level at $0.0000242 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000024 levels. The Second Major Support Level sits at $0.0000236.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 200-day EMA at $0.0000240. This morning, the 50-day EMA narrowed to the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA.\nA bullish cross of the 50-day EMA through the 200-day EMA would bring $0.000026 levels into play.\nThisarticlewas originally posted on FX Empire\n• DOGE Rises for a Third Consecutive Day, with SHIB also on the Move\n• Fashion Week Kicks Off in the Metaverse With Big Names Going Virtual\n• Stock Markets Quiet for Thursday Session\n• Gold Prices Rise Despite Higher Treasury Yields\n• Why is Implied Volatility Important to Commodity Hedging\n• Why Alibaba Stock Is Down By 5% Today', 'It’s not often you see performance like that of Mullen Automotive (NASDAQ: MULN ) stock. One month ago, shares of the electric vehicle (EV) maker hit a low of 52 cents. Today, MULN stock sits 477% higher at $3 a share after retail investors poured in. Image of a red Mullen car. Source: betto rodrigues / Shutterstock.com Yet, shares are down 43% year to date and 71% since Mullen went public via a reverse merger with Net Element in early November. The volatility in MULN stock is par for the course for an EV play. Last year, EV stocks were so hot companies were merging with special purpose acquisition companies (SPAC) and going public with multibillion-dollar market caps that rivaled those of legacy automakers. But as fear of inflation and higher interest rates roiled the market, money quickly rotated out of growth plays, including high-flying EV stocks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Even with the sell-off, I have been writing for months now about how ridiculously overpriced most EV stocks are. While there’s no shortage of hype surrounding names like Tesla (NASDAQ: TSLA ) and Lucid Group (NASDAQ: LCID ), it takes more than selling a cool car to make it in the automotive business long term. Mullen Automotive is a bit different, though. It has a market cap of just $105 million and doesn’t make headlines often. But MULN stock could just be the sleeper EV play that surprises investors. EV Investors Overlooking an Adoption Challenge Amid all the headlines about sexy, new companies making sexy, new electric vehicles, the media and investors may have glossed over a real-world challenge to EV adoption. 6 Blue-Chip Stocks That Will Survive Any Bubble Burst As Bloomberg’s Liam Denning points out , around two-thirds of U.S. states have laws on the books that prohibit or limit direct sales by automakers. Instead, they require vehicles to be sold and serviced through independent franchises. Meanwhile, Tesla and other EV makers have sought to sell their vehicles directly to consumers. Denning notes that EV penetration is higher in states without such dealership laws. Story continues “Dealership laws have helped traditional automakers by acting as a brake on EV startups. But as those startups surpass incumbents in valuation anyway and start changing the way cars are sold and serviced, the laws begin to look less like a defensive moat and more like a restrictive wall,” Denning concludes. Mullen, of course, is subject to these laws as well, but I wouldn’t necessarily lump it in with the other still-overpriced, big-name EV makers. What Set Mullen Automotive Apart Mu **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: 2022-03-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $842,310,842,212 - Hash Rate: 212890314.2581384 - Transaction Count: 290719.0 - Unique Addresses: 752938.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – March 3, 2022 – 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: Mastercard Inc. MA, Wells Fargo & Co. WFC, United Parcel Service, Inc. UPS, Intuit Inc. INTU and EOG Resources, Inc. EOG. 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 Mastercard Inc., Wells Fargo & Co., and United Parcel Service, Inc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can seeall of today's research reports here >>> Shares ofMastercardhave outperformed the Zacks Financial Transaction Services industry over the past six month period (+1.3% vs. -21.6%). The Zacks analyst believes that the company's profit levels are rising thanks to increasing consumer spending. This enabled the company to report strong fourth-quarter results. Numerous acquisitions are helping it to grow addressable markets and drive new revenue streams. The COVID-19 crisis accelerated the use of electronic payments with much greater adoption of digital and contactless solutions. The situation provides an opportunity for Mastercard's business to expedite its shift to the digital mode. The company is well-poised to gain from steady cash-generating abilities. A strong capital position enables the company to pursue acquisitions and deploy capital. However, steep operating expenses might stress margins. High rebates and incentives may weigh on net revenues. (You canread the full research report on Mastercard here >>>) Shares ofWells Fargohave outperformed the Zacks Banks - Major Regional industry over the past year (+33.4% vs. +4.4%). The company's surprise history is impressive, with earnings having surpassed the Zacks Consensus Estimate in all the trailing four quarters. The Zacks analyst believes that the growing deposit balance, driven by encouraging economic trends, strengthens the company's liquidity position. Given its robust capital position, the company's capital-deployment activities seem sustainable. Improving credit quality poses a tailwind. Yet, loss of revenues from portfolio sales remains concerning. Nonetheless, progress on efficiency initiatives propelled expense control and savings. This is expected to aid Well Fargo's bottom line continuously. (You canread the full research report on Wells Fargo here >>>) Shares ofUnited Parcel Servicehave outperformed the Zacks Transportation - Air Freight and Cargo industry over the past year (+28.2% vs. +6.6%). The Zacks analyst believes that like the first three quarters of 2021, upbeat demand for e-commerce-related package deliveries aided UPS' fourth-quarter 2021 results. UPS' efforts to reward its shareholders is also commendable. In the latest shareholder-friendly move, UPS' board approved a 49% quarterly dividend increase to $1.52 per share (annualized: $6.08), in February. In 2021, UPS paid out dividends worth $3.4 billion. UPS is also active on the buyback front. Robust free cash-flow generation by the company ($10.9 billion in 2021, more than double the 2020 actuals) supports its shareholder-friendly activities. However, high operating costs (up 9.7% in 2021) are hurting the bottom line. With oil price moving north, fuel costs (up 48.9% in 2021) are escalating and flaring up total costs. (You canread the full research report on United Parcel Service here >>>) Other noteworthy reports we are featuring today include Intuit Inc. and EOG Resources, Inc. 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. Visithttps://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportWells Fargo & Company (WFC) : Free Stock Analysis ReportMastercard Incorporated (MA) : Free Stock Analysis ReportUnited Parcel Service, Inc. (UPS) : Free Stock Analysis ReportEOG Resources, Inc. (EOG) : Free Stock Analysis ReportIntuit Inc. (INTU) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - Reddit Posts (Sample): [['u/ultron290196', 'The narrative went from "Fuck the Banks" to "Banks welcome to crypto".', 2554, '2022-03-25 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/', "I mean, I get it. Mass adoption. The Hyperbitcoinization theory. Metcalfe's law and what not. Besides, who doesn't like a bit of green on their portfolio.\n\nHowever, don't forget that banks are not here for you. They aren't here as a benevolent force of good. They just want to front run their own creative destruction. \n\nRemember what early Bitcoiners had to face to reach this stage of adoption, they had to fight off constant criticisms from all sides, especially the banks and their stooges.\n\nBy all means celebrate the adoption, but also remember the roots of this entire revolution. \n\nRant over. Peace out.", 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/', 'tn90ge', [['u/TruthSeeekeer', 18, '2022-03-25 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i200xek/', '**Fuck the banks**', 'tn90ge'], ['u/PotentialClassroom75', 609, '2022-03-25 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i2015ee/', 'Most people just want money, they don’t care if banks or retail buy crypto', 'tn90ge'], ['u/Justalildwinkypoo', 11, '2022-03-25 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i201f6e/', 'Yeah, and to further the “narrative” per se, blockchain crippling the banks of the world is such a pipe dream, I think you’d have to be a full blown hopium junkie to believe something so delusional.\n\nYeah, a few bits of code will cripple trillion dollar organisations and oligarchies, because of course they wouldn’t adopt and mould it…\n\nBanks are just like “oh yeah, that crypto thing could totally end this gravy train, we’ll just let twiddle our thumbs and let it happen. I’ll leave the $20T on the table here for the crypto guys”…', 'tn90ge'], ['u/KanijoAlberto', 29, '2022-03-25 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i201ffl/', 'Crypto is decentralized, everyone is welcomed. Why should we discriminate them!? \n\nAnyways, fuck the banks and Putin but both can use crypto if they want', 'tn90ge'], ['u/Fulgor_KLR', 163, '2022-03-25 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i202gem/', 'Well they should be welcome, crypto is decentralized everyone can come in.\nHowever banks coming into crypto is strengthening the fuck the banks narrative, imagine being a bank and adopting something you once called fake money. Thats damn bullish.', 'tn90ge'], ['u/ipetgoat1984', 14, '2022-03-25 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i2037xc/', 'If you want to make real money, I mean, real money long term, you would have been buying for the last few years and hoping that big financial sectors get involved. I love the intrinsic decentralized nature of crypto, but I also love investing in my future. I would love to not work my ass off until I die. So if Goldman Sachs or whoever want to start adding crypto to 401Ks, I’m all for it.', 'tn90ge'], ['u/Administrative-War49', 20, '2022-03-25 01:33', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i205r1d/', 'Nothing is stopping banks from buying. More adoption is the end goal.', 'tn90ge'], ['u/Bongressman', 39, '2022-03-25 01:51', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20842x/', 'People just want adoption. If the banks want to fight adoption, then fuck them. If they capitulate and begin to support it... then welcome to the fold, Banks.', 'tn90ge'], ['u/[deleted]', 16, '2022-03-25 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20951h/', 'The average person doesn’t want to be solely responsible for keeping their money, and I can see banks offering crypto services to those people.', 'tn90ge'], ['u/GabeSter', 46, '2022-03-25 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i209nk1/', 'More adoption is the end goal for my portfolio. Making banks irrelevant was the goal of the original crypto entrepreneurs.\n\nIt was never going to happen, banks will adapt or die. The OG crypto investors need to get used to that idea.', 'tn90ge'], ['u/milonuttigrain', 15, '2022-03-25 02:35', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20e08u/', 'Adoption is good. In fact banks tried to kill crypto but failed. So now they are embracing it.', 'tn90ge'], ['u/EntropyFighter', 14, '2022-03-25 02:49', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20ftdn/', 'I don\'t like this narrative. I\'m pretty new to DeFi. Say, the last 3 months. In that time I\'ve seen just about every type of scum and villainy possible. I\'ve seen developers lock out liquidity pools when they update the code to their coin. I\'ve seen stablecoins taken to zero. I\'ve seen blatant ponzis. I\'ve seen whatever you call what happened to Wonderland. I\'ve seen DAOs come and go. Nodes struggle to gain prominence. Essentially, I\'ve seen every "opportunity" under the sun in DeFi and 100% of it is built to liberate you from your money.\n\nThe story of crypto, blockchain, and defi was supposed to be "in code we trust". But it\'s impossible to get away from the coder. Meanwhile, Web 3.0 is supposed to be the anonymous web. This is pitched as a benefit for the average guy but most people just need a customer support line.\n\nThat\'s what people don\'t get. It\'s not like rules, regulations, and the established hierarchy are all bad. There\'s a lot in there that looks out for people. FDIC and shit. The people who shit all over banks did so for moral reasons and not personal ones.\n\nTrust me, let people have some issues in crypto and they\'ll come screaming back into the "normal" economy. Why? Because it\'s not the Wild Wild West. And most people aren\'t built for it. If you aren\'t a predator in the defi game, you\'re prey. Remember that.\n\nThe people that don\'t want to play the predator/prey game feel as though they already know the deal with banks. Maybe they\'re getting taken advantage of, maybe not. But there\'s regulation. What crypto is missing is regulation.\n\nOnce you play deep enough in defi, you realize that is, in fact, a true statement. Otherwise your money is most likely to be liberated from your wallet by convincing you that making a bad decision is actually a good decision.\n\nMost people need to be saved from themselves. To the average American, that\'s more important than the personal freedom that it provides. Most people don\'t want to be their own bank. Which is why you see people thinking banks getting involved is a good thing.\n\nAlso, it could bring regulation which is 100% a good thing.', 'tn90ge'], ['u/Swaggaland', 24, '2022-03-25 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20l29f/', "You can't make a legacy industry that has the whole world economy under its clutches irrelevant no matter how disruptive your tech is.\n\nBanks aren't gonna sit idly while crypto fundamentally changes how we exchange value. They're gonna want a piece of the pie the moment they think the tech is here to stay", 'tn90ge'], ['u/Swaggaland', 128, '2022-03-25 03:32', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20lij6/', 'You said it. "Fuck the banks" but only until they invest tens of billions into the market and then go "adoption is good".', 'tn90ge'], ['u/Swaggaland', 28, '2022-03-25 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20lrxy/', 'Yeah it\'s funny how the banks have totally did a 180 on their narrative of "crypto is fake money and for fraudsters".\n\nLove seeing some good old hypocrisy', 'tn90ge'], ['u/PinguinaUshuaia', 96, '2022-03-25 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20m7zg/', "Fuck the bank, but even if they start using crypto it doesn't mean I need to use them as a middle man. Crypto is for anyone to use including evil users...", 'tn90ge'], ['u/pr0b0ner', 24, '2022-03-25 03:50', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20ntro/', "Yes this. Remember they're going to offer all types of vehicles to help you use your crypto, but none of them will be furthering or advocating for actual crypto use cases and they will all be taking money from your wallet.", 'tn90ge'], ['u/theArcticHawk', 16, '2022-03-25 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i20wrgu/', 'Perhaps the banks are fraudsters and have been using fake money since the start 🤔', 'tn90ge'], ['u/melt_in_your_mouth', 10, '2022-03-25 09:22', 'https://www.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_from_fuck_the_banks_to_banks/i21hxvc/', 'Except others in this sub can\'t overleverage like banks and cause massive financial disruption through their own actions that everyone, worldwide, will feel the effects of. \n\nThere are lots of reasons to hate banks. People in this sub are typically trying to hit it big and live happily ever after, not take so much risk due to their greed that they take us all down with them. Banks lie just ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['After weeks on a consistent downtrend, SoFi Technologies (NASDAQ: SOFI ) has exhibited signs of bullish momentum. I\x92m not bearish on SOFI stock \x97 in fact, I\x92ve written about its long-term prospects many times. SoFi logo at their headquarters location. SOFI stock. Source: Michael Vi / Shutterstock I see a company that has been accumulating wins. SoFi has been growing its revenues at a rapid rate and is starting to expand its product portfolio. However, from a technical perspective, you shouldn\x92t try to catch a falling knife \x97 but if you do try, you\x92d better be careful. Now that I\x92ve seen some momentum, I can\x92t help but ask myself if a reversal is coming for SOFI stock. InvestorPlace - Stock Market News, Stock Advice & Trading Tips To understand that, I like to look for reasons the downtrend could continue. Let\x92s take a closer look at one factor analysts have pointed out. Morgan Stanley Downgrades SOFI stock Investment bank Morgan Stanley recently issued a downgrade on SOFI stock. It was a bit of a large downgrade as well. SOFI stock went from an \x93overweight\x94 recommendation to \x93equal-weight.\x94 Its price target fell from $18 to $10. The main reason the analysts cited was the extension of the federal student loan moratorium. 6 Blue-Chip Stocks That Will Survive Any Bubble Burst As a quick recap on the issue, President Joe Biden paused the payments of federal student loans during the pandemic. At the time, this was seen as a way to boost the economy and help those who may have lost employment. Many expected that once the worst of the pandemic was over, student loan payments would have to resume. But in January, the White House extended the moratorium all the way to May 2022. The Biden administration is signaling it may yet again extend this moratorium. Nothing has yet been confirmed on this issue. But the Department of Education has instructed federal student loan servicers not to inform borrowers that payments will start again. A major part of SoFi\x92s business has to do with refinancing existing student loans. With the moratorium in place, borrowers have no need to refinance their federal loans. Story continues Student Loan Concerns Are Misplaced The extension of the moratorium will have a negative effect on SoFi\x92s business. But it is in my opinion that Morgan Stanley\x92s concerns are exaggerated. According to management , the negative impact of the moratorium would only be $30 million to $35 million in revenue per quarter. The revenue hit for SoFi is a fairly hefty chunk of the company\x92s fourth-quarter revenue of $280 million. But it is not a debilitating amount. At the higher end of the range, the impact is about 12.5% of revenue. I am not too worried about this given Q4 2021 revenue grew by 54% year-over-year. If SoFi can continue its rate of growth, then it can mitigate the impacts of an extended moratorium. Furthermore, the moratorium only defers the payments to be made on these student loans. So instead of refinancing this year, borrowers will start thinking about refinancing closer to the expected end of the moratorium date. In other words, the revenue SoFi can earn isn\x92t lost, but merely pushed back. The Takeaway on SOFI Stock Am I certain this is the bottom for SOFI stock? Of course not. However, I continue to like the company and its long-term prospects. Sure, there are a few speed bumps on the road. However, I don\x92t think these are large enough though to derail the company\x92s momentum. At worst, it might stall it a bit. On the date of publication, Joseph Nograles did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 \x91Forever Battery\x92 Stock It doesn\x92t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2\x85 Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade \x93On Air\x94 The post SoFi Is Still a Long-Term Buy Despite the Student Loan Moratorium appeared first on InvestorPlace .', 'After weeks on a consistent downtrend, SoFi Technologies (NASDAQ: SOFI ) has exhibited signs of bullish momentum. I\x92m not bearish on SOFI stock \x97 in fact, I\x92ve written about its long-term prospects many times. SoFi logo at their headquarters location. SOFI stock. Source: Michael Vi / Shutterstock I see a company that has been accumulating wins. SoFi has been growing its revenues at a rapid rate and is starting to expand its product portfolio. However, from a technical perspective, you shouldn\x92t try to catch a falling knife \x97 but if you do try, you\x92d better be careful. Now that I\x92ve seen some momentum, I can\x92t help but ask myself if a reversal is coming for SOFI stock. InvestorPlace - Stock Market News, Stock Advice & Trading Tips To understand that, I like to look for reasons the downtrend could continue. Let\x92s take a closer look at one factor analysts have pointed out. Morgan Stanley Downgrades SOFI stock Investment bank Morgan Stanley recently issued a downgrade on SOFI stock. It was a bit of a large downgrade as well. SOFI stock went from an \x93overweight\x94 recommendation to \x93equal-weight.\x94 Its price target fell from $18 to $10. The main reason the analysts cited was the extension of the federal student loan moratorium. 6 Blue-Chip Stocks That Will Survive Any Bubble Burst As a quick recap on the issue, President Joe Biden paused the payments of federal student loans during the pandemic. At the time, this was seen as a way to boost the economy and help those who may have lost employment. Many expected that once the worst of the pandemic was over, student loan payments would have to resume. But in January, the White House extended the moratorium all the way to May 2022. The Biden administration is signaling it may yet again extend this moratorium. Nothing has yet been confirmed on this issue. But the Department of Education has instructed federal student loan servicers not to inform borrowers that payments will start again. A major part of SoFi\x92s business has to do with refinancing existing student loans. With the moratorium in place, borrowers have no need to refinance their federal loans. Story continues Student Loan Concerns Are Misplaced The extension of the moratorium will have a negative effect on SoFi\x92s business. But it is in my opinion that Morgan Stanley\x92s concerns are exaggerated. According to management , the negative impact of the moratorium would only be $30 million to $35 million in revenue per quarter. The revenue hit for SoFi is a fairly hefty chunk of the company\x92s fourth-quarter revenue of $280 million. But it is not a debilitating amount. At the higher end of the range, the impact is about 12.5% of revenue. I am not too worried about this given Q4 2021 revenue grew by 54% year-over-year. If SoFi can continue its rate of growth, then it can mitigate the impacts of an extended moratorium. Furthermore, the moratorium only defers the payments to be made on these student loans. So instead of refinancing this year, borrowers will start thinking about refinancing closer to the expected end of the moratorium date. In other words, the revenue SoFi can earn isn\x92t lost, but merely pushed back. The Takeaway on SOFI Stock Am I certain this is the bottom for SOFI stock? Of course not. However, I continue to like the company and its long-term prospects. Sure, there are a few speed bumps on the road. However, I don\x92t think these are large enough though to derail the company\x92s momentum. At worst, it might stall it a bit. On the date of publication, Joseph Nograles did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 \x91Forever Battery\x92 Stock It doesn\x92t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2\x85 Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade \x93On Air\x94 The post SoFi Is Still a Long-Term Buy Despite the Student Loan Moratorium appeared first on InvestorPlace .', 'Challenges continue to pile up for cruise line operator Carnival A comeback may not be fully priced in, but CCL stock isn’t exactly cheap either Investors with a long time horizon could see shares sail to much higher prices Carnival (CCL) cruise ship on water in front of beach with chairs Source: Flickr A year ago, it seemed as if cruise line operator Carnival’s (NYSE: CCL ) troubles were behind it. Investors were confident the “vaccine recovery” meant full steam ahead on the company’s trip back to profitability. They bid CCL stock up to $31.52 in early June — its highest level since the pandemic decimated travel-related stocks. Instead of a vaccine recovery, though, the emergence of coronavirus variants like delta and omicron stymied Carnival’s recovery. Additionally, rising fuel costs are negatively affecting Carnival’s operating performance, while persistent inflation could dampen demand for leisure travel. Although CCL stock has fallen to around $18 per share, it seems as if these negatives are not overly reflected in its valuation and a recovery in the coming year is somewhat priced in. However, if you have a long time horizon, there could be big gains ahead for those who can patiently wait for the company’s situation to finally improve. InvestorPlace - Stock Market News, Stock Advice & Trading Tips CCL Carnival $18.39 Q1 Results Give Glimpse of What Future May Holds CCL Stock On March 22, Carnival released its results for its fiscal first quarter, which ended Feb. 28. With the omicron variant affecting cruise demand, revenue for the quarter fell far sh **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: 2022-03-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $844,149,124,800 - Hash Rate: 219713721.76641208 - Transaction Count: 231031.0 - Unique Addresses: 611979.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TeraWulf (WULF), the environmentally minded bitcoin (BTC) miner that went public in December , sees itself reaching a hashrate range of 4.7 to 5.1 exahash per second (EH/s) by the end of 2022, according to a statement . The Easton, Md.-based company, backed by celebrities such as Gwyneth Paltrow, also expects to be able to successfully build out over 400 megawatts of mining facility in 2023, raising its hashrate to 12.1 to 17.2 EH/s. The miner reiterated its expectations of reaching 800 MW and 23 EH/s of mining capacity by 2025. The Bitcoin network’s total hashrate was 209.7 EH/s as of March 16, according to Glassnode data. By comparison, Marathon Digital (MARA), one of the largest bitcoin miners, said it sees reaching a hashrate of 23.3 EH/s by early 2023 . For this year, TeraWulf is expecting a total of 210MW of power capacity, but notes the company could expand to raise power capacity to 235MW if the macroeconomic and capital markets improve. “Our focus in 2022 remains on continuing to build out our Lake Mariner facility in New York and Nautilus Cryptomine in Pennsylvania, ensuring we are well positioned to create as many plugs as possible to take advantage of significant Infrastructure and supply chain constraints facing the market,” CEO Paul Prager said in the statement. The company has raised a total of about $295 million to date and said it continues to take “an opportunistic approach” to raising capital. The shares of the miner have declined about 47% this year, while the price of bitcoin fell 15%.... - Reddit Posts (Sample): [['u/Psycho697186', 'Weekly New Release Thread - March 25th, 2022', 86, '2022-03-26 00:05', 'https://www.reddit.com/r/poppunkers/comments/to4y7l/weekly_new_release_thread_march_25th_2022/', "# Albums\n\n[Machine Gun Kelly - mainstream sellout](https://open.spotify.com/album/3sKZHtQoq3tPtkXbT8PJAc?si=1fbaddf26d034efa)\n\n[Weezer - SZNZ: Spring (Album)](https://open.spotify.com/album/5dpaxVXET01VAgivwwUac6?si=ca4e8587c0814ad4)\n\n[Kevin Devine - Nothing's Real, So Nothing's Wrong](https://open.spotify.com/album/03YlnELcEtOSHr8MBA9IBd?si=39dd748ac55b4420)\n\n[Soul Glo - Diaspora Problems](https://open.spotify.com/album/2ZYhM0LXHZ38te98EizcQW?si=d7b3bfd8ff7c4469)\n\n[Camp Cope - Running with the Hurricane](https://open.spotify.com/album/2KsWFxB2Dqn6SAEAoHHs98?si=a9e1d21b9e44464a)\n\n[Carly Cosgrove - See You in Chemistry](https://open.spotify.com/album/6UOPV8qxODA82L1pZAiNd1?si=3ffaf8c032de4389)\n\n[Caracara - New Preoccupations](https://open.spotify.com/album/5tdcDns4udwHqsiPhtcvA4?si=b13516a4c3dd4a50)\n\n[Proper. - The Great American Novel](https://open.spotify.com/album/1sU0VVU5cs5E83FMy6ZfGa?si=5df4a070a1d44168)\n\n[Fucked Up - Do All Words Can Do](https://open.spotify.com/album/39NLIYLEjLnvA3N9wF9slF?si=82e7b101b6254e5f)\n\n[Riverby - Absolution](https://open.spotify.com/album/1ejAxy5mUhM7Fw0pUjRCej?si=a8d41e9086b2443e)\n\n[Ignite - Ignite](https://open.spotify.com/album/5tX7HWNYjNxevVCJLJn7gR?si=08f89789c5b74f85)\n\n[Bakers Eddy - Love Boredom Bicycles](https://open.spotify.com/album/79W6cWIR0t0EFc4jcJj6qg?si=ca3b82648d18494f)\n\n[One Flew West - The Blur](https://open.spotify.com/album/2i1vVSQa3Qs3utMbQvELA5?si=25da97a61f824e53)\n\n[Don't Worry - Remoseless Swing](https://open.spotify.com/album/0jlkGhxRbtZTccoOLFyv2K?si=a6315150b5d049f7)\n\n[Bugs - Cooties](https://open.spotify.com/album/3ad0hSv3H1wJr6nffetZqP?si=c53dbd2b6e934cf4)\n\n[Kindsight - Swedish Punk](https://open.spotify.com/album/0uFpS2773d7nFYQnYjQ5ck?si=68b7b8137ed24523)\n\n[Columbus - Driving In The Dark (EP)](https://open.spotify.com/album/44szdul4P7C2lcdgyscfcR?si=6cf1429d08ee48d9)\n\n[Telltale - Lie Your Way Out (EP)](https://open.spotify.com/album/4jrqL89L1mezhs2NG3yCb8?si=960519c514b54b8c)\n\n[EMMERICH - UFO EMO 2 (EP)](https://open.spotify.com/album/1S6hS6T275XBv0jbsjW0NX?si=95520a70f83c4e3f)\n\n# Singles\n\n[Taking Back Sunday - Great Romances Of The 20th Century (Demo)](https://open.spotify.com/album/7yoEhYJQgG9gXdLJrZ5JPA?si=2654f5889bb34f1c)\n\n[Dance Gavin Dance (feat. Rob Damiani) - Synergy](https://open.spotify.com/album/0Ag30MwuL4zPIJl11dLYlI?si=91cb347a34ca4013)\n\n[Bright Eyes - St. Ides Heaven (Companion Version)](https://open.spotify.com/track/5YtUsjJYh2cmjydrtQKat3?si=6105321dfa5c41f1)\n\n[PUP - Totally Fine](https://open.spotify.com/track/4WXLtNJkLSoDbKO8vqUFIb?si=7ddb593c00f54f3f)\n\n[Real Friends - Tell Me You're Sorry (Acoustic)](https://open.spotify.com/track/7Cgl5iknFZMJO4VXOtaLss?si=062de21ec8c14cc4)\n\n[Prince Daddy & the Hyena - El Dorado](https://open.spotify.com/track/1G7gjVi7RTnivq0IhKpPfi?si=5077e8613d754af1)\n\n[NOAHFINNCE (feat. Hot Mulligan) - AFTER THERAPY](https://open.spotify.com/album/69miU2ZUNDbOpyqUziOHFS?si=c918fd77879f45c7)\n\n[Dehd - Stars](https://open.spotify.com/track/5jZBhZi5ZrE3EDOdEJdHrn?si=ffd311ef10314aa0)\n\n[Chase Petra - Josslyn](https://open.spotify.com/track/7CZRw792j6FEuKf8TnkTzf?si=9c0e010326a04565)\n\n[Waxflower - The Drama Scene](https://open.spotify.com/track/0Nm0RzPPAFlDpvCwgp8bI0?si=3701980f93d64867)\n\n[Spielbergs - Brother of Mine](https://open.spotify.com/album/4b4WAaunBaI9dRwsTpnbMG?si=4de58d6d405e4aa8)\n\n[poptropicalslutz! - the last time i was scared was when you caught me trying to kill you](https://open.spotify.com/track/5FpeWv5FyrZnX7C0Q6ypFl?si=23d57f008b1b46f1)\n\n[GILT (feat. Shaolin G) - Amethyst](https://open.spotify.com/album/6uIr15vEktgfcGCneMAtrp?si=13318ce20ff24a9f)\n\n[Stuck Out - Split In Two](https://open.spotify.com/album/6iGEygjKxyNc6E44PeZ8Kh?si=5451a27bd5384853)\n\n[Greet Death - Panic Song](https://open.spotify.com/track/41enh722WYrH5i2rJTXCxP?si=98ca498bc6c34078)\n\n[colleen dow - Lists](https://open.spotify.com/album/7ssyLbyuFib2k89kzrdz0F?si=99d66a880dc54c31)\n\n[408 (feat. Magnolia Park & Kellin Quinn) - Mark Hoppus](https://open.spotify.com/album/7uEzM4bw7Siu0BfMzH4Y7Z?si=39517800557f4bc9)\n\n[Phantom Bay - Trembling World](https://open.spotify.com/album/3x3uux3mZkMcNGaRjlkkFr?si=7d6a9960f24e4b5a)\n\n[93FEETOFSMOKE - ALL I EVER WANTED](https://open.spotify.com/track/6DEE4Ym6b3rfJjKdPjRz0D?si=35e340e4525046da)\n\n[The Vaccines - Disaster Girl](https://open.spotify.com/album/1UCrUZHeQ7ohG9Z1H0YxsU?si=5681b68f48fe4cd0)\n\n[Fontaines D.C. - Skinty Fia](https://open.spotify.com/track/1nTKIosWlu4fOMnTYgMBTp?si=714d0cb83e3a4e6b)\n\n[Semantics - Get in the Car](https://open.spotify.com/album/0wuVKMqNcc5Dzsvs8oNtqM?si=3c36f7a5b00d4580)\n\n[Say Sue Me - Around You](https://open.spotify.com/track/3zuFzgkWtyZrHHqyVQVRSx?si=749ca7687c9b485a)\n\n[Bad Nerves - Alright](https://open.spotify.com/album/0gGGoMyxPz6CKGjmoWJGmv?si=c176616a7b194762)\n\n[Squiggles - We Only Came Here For Your Hearts](https://open.spotify.com/album/3AeH9VGiQWDDPqlFglhJJa?si=c79b4fe2e1ee45cd)\n\n[Donovan Melero - Better for the Next](https://open.spotify.com/track/5ZHvQfRKbKNwd4X2U10WVa?si=9aa3ae2c4f4a46bd)\n\n[Bilk - Daydreamer](https://open.spotify.com/album/5DZnP4fiqolkGo1kPPnzHP?si=0b5d6d2518ff44aa)\n\n[Biitchseat - Blackberries and Cherry Cola](https://open.spotify.com/album/5eFp8bxo9DrczpPSa7zSXM?si=cfd507a84d154484)\n\n[The Jins - Metro](https://open.spotify.com/album/67p9TWhnhSadOPcBEunSeZ?si=8c695b73ba224773)\n\n[The Dreaded Laramie - Tell Me](https://open.spotify.com/album/2SWxlT0eVGi1qV7eWJRnf3?si=25c7e4acda4f4aba)\n\n[Midwife - Send the Pain Below](https://open.spotify.com/album/6L0Z8t0A1iZhcAtJRfpXnh?si=caacb53e11604ba5)\n\n[Bad Planning - Throw](https://open.spotify.com/album/3llAqB8iH5znEQKzvBJc1Y?si=76fd51147aa64f3e)\n\n[Nearly Spent - Runaway](https://open.spotify.com/album/5dg3tvvKV06KIZBqSY5whs?si=cad053c95f2d469d)\n\n[Alex Lahey - This Kiss (Faith Hill Cover)](https://open.spotify.com/track/7jC8Zmo0vOAc2dnXTLALqP?si=f5a78e28903f43b6)\n\n[Jetski - Lemon Haze](https://open.spotify.com/album/43DayCevM2KqJWP53y7TKt?si=581a0401e95c4a21)\n\n[The Venomous Pinks - No Rules](https://open.spotify.com/album/6bwfupeQm8L9M5hMP3kliM?si=ce4f8ffaa39f49ad)\n\n[One Armed Joey - Numbstruck](https://open.spotify.com/album/6NE0GeewntPyVYw4wkWMn3?si=b75248a83f2f4de2)\n\n[Dead Pony - Bullet Farm](https://open.spotify.com/album/32MwWq9YA4sIKBH95h3hee?si=1ceab119d99941a7)\n\n# Other\n\n**Pop/Indie**\n\n[Daddy Yankee - LEGENDADDY (Album)](https://open.spotify.com/album/3rlJCPz7s7bTifG57wjFpt?si=5b42e1bffce24516)\n\n[Charli XCX - CRASH (Deluxe) (Album)](https://open.spotify.com/album/3lb7EyEcWhZOK0SpZ2dNpn?si=6087306340ea4a17)\n\n[The Killers - Pressure Machine (Deluxe) (Album)](https://open.spotify.com/album/01Go8OwdhESlkxPwrx6515?si=72f26e38960b4eb1)\n\n[Maren Morris - Humble Quest (Album)](https://open.spotify.com/album/3BEDHGAd2zJh5dUL4dbmiw?si=f51e4b8ae95944f1)\n\n[Michael Bublé - Higher (Album)](https://open.spotify.com/album/6b6xEoiubMlgeGN6nrWM2V?si=bbdbbf36e5b84e5e)\n\n[Bon Iver - Bon Iver (10th Anniversary Edition) (Album)](https://open.spotify.com/album/6xfOCqmQvpvgR5aq6fpKMD?si=c9c674e82e714e87)\n\n[Denzel Curry - Melt My Eyez See Your Future (Album)](https://open.spotify.com/album/7KtyUeiJidoZO0ybxBXw0Q?si=b06cc840d90742ce)\n\n[Wallows - Tell Me That It's Over (Album)](https://open.spotify.com/album/5L6fAzbz2x5oF8l0qluSKm?si=cabf39130b3546c0)\n\n[Latto - 777 (Album)](https://open.spotify.com/album/4vjE6Rgl5z6K2PhrAtIA7O?si=622961040293498e)\n\n[keshi - GABRIEL (Album)](https://open.spotify.com/album/1WVIJaAboRSwJOe4u0n0Q7?si=2ada88e0f77841d0)\n\n[Sofia Carson - Sofia Carson (Album)](https://open.spotify.com/album/5Y63nlA6F7z3yaqHjF7suD?si=f5aaef0e48cf4c9c)\n\n[Placebo - Never Let Me Go (Album)](https://open.spotify.com/album/19upQOw6eZRsGUGqGe6zF1?si=6baf06d6b94d4a72)\n\n[COIN - Uncanny Valley (Album)](https://open.spotify.com/album/0Ysl8PFnCzqyvjbAhaCMvf?si=231eeeba13d34af6)\n\n[Nigo - I Know NIGO! (Album)](https://open.spotify.com/album/75T8WnF5n7fgKJ0EC7WRPS?si=576f5c137d2e4d74)\n\n[Koffee - Gifted (Album)](https://open.spotify.com/album/3OcgIT5qeI4lZnaUHqLQLi?si=53a0d3bcbfdc475e)\n\n[Cannons - Fever Dream (Album)](https://open.spotify.com/album/6jJSf3YPVS7DBIvgFhyPCd?si=c92385ed5fb54191)\n\n[Fana Hues - flora + fana (Album)](https://open.spotify.com/album/1FCP81Y40A1EJgRAn70Rk1?si=76d489eeb5c4448d)\n\n[Kavinsky - Reborn (Album)](https://open.spotify.com/album/2Js9F9O6V6mDZTal95Iner?si=f5552a6f8643465f)\n\n[Buddy - Superghetto (Album)](https://open.spotify.com/album/5pwzhZiiGhHgQOUJKbzYuI?si=d8c00022aac54f1a)\n\n[Matisyahu - Matisyahu (Album)](https://open.spotify.com/album/7iVH9bMchDIGwikPqVtgY5?si=8d72ad8981514497)\n\n[Aldous Harding - Warm Chris (Album)](https://open.spotify.com/album/56rWsCsd2UF9l1XTpUfZ1v?si=ccf4f69c682049d2)\n\n[Kilo Kish - AMERICAN GURL (Album)](https://open.spotify.com/album/5LXmSrGzPSEmTEu3OIsotT?si=f82a6b41db8b42b6)\n\n[Jensen McRae - Are You Happy Now? (Album)](https://open.spotify.com/album/5NaLnnKsTGdzPuSZceQpa9?si=ec602de42d9242b2)\n\n[Destroyer - LABYRINTHITIS (Album)](https://open.spotify.com/album/63bs2cLZO9wm6hvhovU1AU?si=0539fa4a63ac40d8)\n\n[Baird - BIRDSONGS, Vol. 3 (Album)](https://open.spotify.com/album/4dEE30w7vPP00iZa7FoGY3?si=b8278ebadfe94b1a)\n\n[Skip the Use - Human disorder (Album)](https://open.spotify.com/album/7pqfT0igQtjHaDnYChZjCl?si=58a35669ff5e4ca4)\n\n[Barrie - Barbara (Album)](https://open.spotify.com/album/5eieb3BvJUgPIzE5VkdyWL?si=89d1d612de23440d)\n\n[Earth Dad - Birthday (Album)](https://open.spotify.com/album/439xkI6Dbb9ubcTfgNC4f2?si=2d871ffc5c4341eb)\n\n[Zheani - I Hate People On The Internet (Album)](https://open.spotify.com/album/0e8Mkw2QbxOROl9ktrjQDJ?si=dc639c956fd24016)\n\n[Bellows - Next of Kin (Album)](ht... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Key Insights: It was a bullish session for DOGE and SHIB on Saturday. Broader crypto market sentiment delivered support. Key technical indicators are bullish, with DOGE holding above the 50-day EMA and SHIB above the 200-day EMA. It was a bullish day for DOGE and SHIB on Saturday. Bullish sentiment across the broader crypto market delivered support. Partially reversing a 4.31% loss from Friday, DOGE rose by 3.97% to end the day at $0.1361. SHIB partially reversed a 2.27% loss from Friday, with a 1.33% gain to end the day at $0.00002444. Elsewhere, ADA rallied by 5.10% to lead the way, with AVAX (+2.95%) and SOL (+3.18%) finding strong support. LUNA (+1.56%), and XRP (+1.02%), BNB (+1.39%) and ETH (+1.36%) saw modest gains. Crypto Market Risk Sentiment Supports There were no major news headlines to provide the broader crypto market with support on Saturday. Bitcoin’s ( BTC ) gradual move back towards $45,000 levels delivered broader crypto market support. On Saturday, BTC rose by 0.77% to end the day at $44,536. DOGE Price Action At the time of writing, DOGE was up 0.88% to $0.1373. A bullish start to the day saw DOGE test the First Major Resistance Level at $0.1390 before easing back. A move through the current week’s high of $0.1412 would bring $0.15 into play. Technical Indicators DOGE will need to avoid the day’s $0.1341 pivot to make another run on the First Major Resistance Level at $0.1390. DOGE would need the broader crypto market to support a move back through to $0.1380. An extended rally would test the Second Major Resistance Level at $0.1420. The Third Major Resistance Level sits at $0.1499. A fall through the pivot would test the First Major Support Level at $0.1311. Barring an extended sell-off, DOGE should steer clear of sub-$0.1300 levels. The Second Major Support Level sits at $0.1262. DOGE would need to avoid the pivot to consolidate Saturday’s gain. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1283. This morning, the 50-day EMA pulled away from the 200-day EMA. The 100-day EMA closed in on the 200-day EMA; DOGE positive. Story continues A bullish cross of the 100-day EMA through the 200-day EMA would support a return to $0.15. A bullish cross of the 100-day EMA through the 200-day would bring $0.15 into play. SHIB Price Action At the time of writing, SHIB was up by 0.90% to $0.00002466. A bullish start to the day saw SHIB test the First Major Resistance Level at $0.0000248 before easing back. The bullish trend continues with the next price target being $0.000026. Technical Indicators SHIB will need to avoid the day’s $0.0000244 pivot to make another run on the First Major Resistance Level at $0.0000248. SHIB would need the broader crypto market to move through the morning high of $0.00002478. An extended rally would test the Second Major Resistance Level at $0.0000252. The Third Major Resistance Level sits at $0.0000261. A fall through the pivot would bring the First Major Support Level at $0.0000240 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.0000230 levels. The Second Major Support Level at $0.0000235 should limit the downside. SHIB would need to hold above the pivot to take another run at Resistance Levels, Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 200-day EMA at $0.0000241. This morning, the 50-day EMA narrowed to the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA. A bullish cross of the 50-day EMA through the 200-day EMA would bring $0.000026 levels into play. A bullish cross of the 50-day EMA through the 200-day would bring $0.000026 into play, This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Markets Still Look Bullish for the Week Cardano (ADA) Sees Red but Likely to Resume Upward Trend The Week Ahead – A Busy Economic Calendar and Geopolitics in Focus Dollar Index Strengthens Over 98.595, Weakens Under 98.200 NZD/USD Reaction to .6955 Sets Next Week’s Tone USD/CAD Rebounds Amid Softening Oil Prices', '• It was a bullish session for DOGE and SHIB on Saturday.\n• Broader crypto market sentiment delivered support.\n• Key technical indicators are bullish, with DOGE holding above the 50-day EMA and SHIB above the 200-day EMA.\nIt was a bullish day forDOGEandSHIBon Saturday. Bullish sentiment across the broadercryptomarket delivered support.\nPartially reversing a 4.31% loss from Friday, DOGE rose by 3.97% to end the day at $0.1361. SHIB partially reversed a 2.27% loss from Friday, with a 1.33% gain to end the day at $0.00002444.\nElsewhere,ADArallied by 5.10% to lead the way, withAVAX(+2.95%) andSOL(+3.18%) finding strong support.\nLUNA(+1.56%), andXRP(+1.02%),BNB(+1.39%) andETH(+1.36%) saw modest gains.\nThere were no major news headlines to provide the broader crypto market with support on Saturday.\nBitcoin’s (BTC) gradual move back towards $45,000 levels delivered broader crypto market support. On Saturday, BTC rose by 0.77% to end the day at $44,536.\nAt the time of writing, DOGE was up 0.88% to $0.1373. A bullish start to the day saw DOGE test the First Major Resistance Level at $0.1390 before easing back.\nDOGE will need to avoid the day’s $0.1341pivotto make another run on the First Major Resistance Level at $0.1390. DOGE would need the broader crypto market to support a move back through to $0.1380.\nAn extended rally would test the Second Major Resistance Level at $0.1420. The Third Major Resistance Level sits at $0.1499.\nA fall through the pivot would test the First Major Support Level at $0.1311. Barring an extended sell-off, DOGE should steer clear of sub-$0.1300 levels. The Second Major Support Level sits at $0.1262.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1283. This morning, the 50-day EMA pulled away from the 200-day EMA. The 100-day EMA closed in on the 200-day EMA; DOGE positive.\nA bullish cross of the 100-day EMA through the 200-day EMA would support a return to $0.15.\nAt the time of writing, SHIB was up by 0.90% to $0.00002466. A bullish start to the day saw SHIB test the First Major Resistance Level at $0.0000248 before easing back.\nSHIB will need to avoid the day’s $0.0000244pivotto make another run on the First Major Resistance Level at $0.0000248. SHIB would need the broader crypto market to move through the morning high of $0.00002478.\nAn extended rally would test the Second Major Resistance Level at $0.0000252. The Third Major Resistance Level sits at $0.0000261.\nA fall through the pivot would bring the First Major Support Level at $0.0000240 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.0000230 levels. The Second Major Support Level at $0.0000235 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 200-day EMA at $0.0000241. This morning, the 50-day EMA narrowed to the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA.\nA bullish cross of the 50-day EMA through the 200-day EMA would bring $0.000026 levels into play.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Markets Still Look Bullish for the Week\n• Cardano (ADA) Sees Red but Likely to Resume Upward Trend\n• The Week Ahead – A Busy Economic Calendar and Geopolitics in Focus\n• Dollar Index Strengthens Over 98.595, Weakens Under 98.200\n• NZD/USD Reaction to .6955 Sets Next Week’s Tone\n• USD/CAD Rebounds Amid Softening Oil Prices', 'AMC stock has been a key beneficiary of the meme-trade phenomenon. However, the cineplex operator must face severe economic realities. It’s best left for speculators. The story behind cineplex operator AMC Entertainment (NYSE: AMC ) stock is largely one of extremes. Image of the entrance of an AMC Entertainment (AMC) branded theater. Source: Helen89 / Shutterstock.com Prior to the pandemic, the box office struggled amid streaming content services and a pivot in how consumers absorb entertainment. Then, the remarkable meme-trading phenomenon occurred, miraculously saving the underlying company from complete and utter despair. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, as with any business venture, substance has to win out over emotions. While I and many other sympathize with the undergirding of how AMC stock became more a symbol than an investment, the fundamentals eventually have to make sense. AMC AMC Entertainment $20.24 A Closer Look at AMC Stock While there’s always a risk in presenting a less-than-optimistic case for investments that have been meme beneficiaries, I’ve got to discuss the pink elephant in the room. If AMC stock was due for a sizable run up, its insiders have a strange way of demonstrating their confidence. The key executives, employees and stakeholders of AMC stock have been eager to get out of Dodge. According to data from Gurufocus.com, all the insider transactions this year have been sell orders. 7 Dividend Stocks That Can Withstand Inflation Indeed, based on its website, it appears that May of 2019 was the last time any insider bought shares of AMC stock. Setting that aside, you’d expect that if the folks behind the memes are correct, the insiders should be buying loads of shares at these discounted prices. They’re not, and actions speak louder than words. In addition, I find management’s decision to acquire a precious metals miner bizarre. Sure, I get it. Skyrocketing inflation means that your money is theoretically safer in hard assets than paper promises, but AMC stock is a cineplex-based investment. Story continues Say what you will, it’s an admission that the movie industry isn’t quite working out for AMC. That’s worrying. Competitive Concerns May Hurt the Box Office Much of the reason why shares are troublesome have nothing to do with the underlying company. **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-03-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $849,654,177,750 - Hash Rate: 178773276.7167701 - Transaction Count: 218202.0 - Unique Addresses: 589872.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TeraWulf (WULF), the environmentally minded bitcoin (BTC) miner that went public in December , sees itself reaching a hashrate range of 4.7 to 5.1 exahash per second (EH/s) by the end of 2022, according to a statement . The Easton, Md.-based company, backed by celebrities such as Gwyneth Paltrow, also expects to be able to successfully build out over 400 megawatts of mining facility in 2023, raising its hashrate to 12.1 to 17.2 EH/s. The miner reiterated its expectations of reaching 800 MW and 23 EH/s of mining capacity by 2025. The Bitcoin network’s total hashrate was 209.7 EH/s as of March 16, according to Glassnode data. By comparison, Marathon Digital (MARA), one of the largest bitcoin miners, said it sees reaching a hashrate of 23.3 EH/s by early 2023 . For this year, TeraWulf is expecting a total of 210MW of power capacity, but notes the company could expand to raise power capacity to 235MW if the macroeconomic and capital markets improve. “Our focus in 2022 remains on continuing to build out our Lake Mariner facility in New York and Nautilus Cryptomine in Pennsylvania, ensuring we are well positioned to create as many plugs as possible to take advantage of significant Infrastructure and supply chain constraints facing the market,” CEO Paul Prager said in the statement. The company has raised a total of about $295 million to date and said it continues to take “an opportunistic approach” to raising capital. The shares of the miner have declined about 47% this year, while the price of bitcoin fell 15%.... - 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 Gina Lee Investing.com – The dollar was up on Monday morning in Asia. The Japanese yen continued a downward trend after the Bank of Japan (BOJ) stepped into the market to defend its implicit yield cap. Bitcoin climbed to nearly its highest level in the year to date. The U.S. Dollar Index Futures that tracks the greenback against a basket of other currencies was up 0.35% to 99.170 by 12:11 AM ET (4:11 AM GMT). The USD/JPY pair rose 0.83% to 123.07. The AUD/USD pair was up 0.21% to 0.7528, while the NZD/USD pair was down 0.29% to 0.6950. The USD/CNY pair edged up 0.13% to 0.6748, while the GBP/USD pair was down 0.26% to 1.3154. The yen fell to as low as 122.78 per dollar, the weakest since December 2015, giving up Friday\'s small gains when the BOJ did not step in to defend its target. However, the BOJ offered to buy unlimited amounts of 10-year Japanese government bonds (JGBs) at 0.25% on Monday morning, after the 10-year JGB yield climbed up to a six-year high of 0.245%. "While a risk of near-term correction has risen given the rapidity of its ascent, we expect dollar-yen to remain well-supported at high levels," Barclays analysts, citing monetary policy divergence and the negative impact from higher commodity prices on Japan\'s terms-of-trade, told Reuters. Japan’s monetary policy must remain loose, deputy chief cabinet secretary Seiji Kihara said on Sunday. BOJ\'s dovish approach compares with the U.S. Federal Reserve\'s hawkish stance, with more interest rate hikes expected as the year progresses. Although rising commodity prices have hurt the yen recently, it has given commodities currencies a boost. The Australian dollar was near the previous week\'s four-month high, while its Canadian counterpart was at 1.2496 per dollar, near Friday\'s two-month peak. Australia will also hand down its budget on Tuesday, with Treasurer Josh Frydenberg saying on Sunday the budget would mark a very significant material improvement to the government’s bottom line. Story continues However, the latest COVID-19 outbreak could be a potential headwind for the Australian currency, with Shanghai entering a lockdown to curb rising numbers of cases in the city. The dollar was up 0.17% on the offshore yuan on Monday morning to 6.394. Meanwhile, "stronger-than-expected Eurozone consumer price indexes will add to rates market pricing for European Central Bank tightening, underpinning the euro," said the Barclays (LON:BARC) analysts. The single currency last traded at $1.0973 and was still feeling the economic impact of the war in Ukraine, triggered by the Russian invasion on Feb. 24. Also on the data front, the latest U.S. jobs report, including non-farm payrolls , is due on Friday. However, the data is not expected to have a major effect on U.S. interest rate expectations and the dollar, with the market already bracing for several rate hikes within 2022. In cryptocurrencies, bitcoin was near the $46,800 mark, after climbing to as high as $47,766 in early trading, the highest level since early January 2022. Related Articles Dollar Up, Yen Down as BOJ Continues Dovish Stance Yen tumbles as BOJ intervenes to keep bond yields pinned down Bitcoin rises 4.4 percent to $46,499', 'By Gina Lee\nInvesting.com – The dollar was up on Monday morning in Asia. The Japanese yen continued a downward trend after theBank of Japan(BOJ) stepped into the market to defend its implicit yield cap. Bitcoin climbed to nearly its highest level in the year to date.\nThe U.S. Dollar Index Futures that tracks the greenback against a basket of other currencies was up 0.35% to 99.170 by 12:11 AM ET (4:11 AM GMT).\nThe USD/JPY pair rose 0.83% to 123.07.\nThe AUD/USD pair was up 0.21% to 0.7528, while the NZD/USD pair was down 0.29% to 0.6950.\nThe USD/CNY pair edged up 0.13% to 0.6748, while the GBP/USD pair was down 0.26% to 1.3154.\nThe yen fell to as low as 122.78 per dollar, the weakest since December 2015, giving up Friday\'s small gains when the BOJ did not step in to defend its target. However, the BOJ offered to buy unlimited amounts of 10-year Japanese government bonds (JGBs) at 0.25% on Monday morning, after the 10-year JGB yield climbed up to a six-year high of 0.245%.\n"While a risk of near-term correction has risen given the rapidity of its ascent, we expect dollar-yen to remain well-supported at high levels," Barclays analysts, citing monetary policy divergence and the negative impact from higher commodity prices on Japan\'s terms-of-trade, told Reuters.\nJapan’s monetary policy must remain loose, deputy chief cabinet secretary Seiji Kihara said on Sunday. BOJ\'s dovish approach compares with the U.S. Federal Reserve\'s hawkish stance, with more interest rate hikes expected as the year progresses.\nAlthough rising commodity prices have hurt the yen recently, it has given commodities currencies a boost. The Australian dollar was near the previous week\'s four-month high, while its Canadian counterpart was at 1.2496 per dollar, near Friday\'s two-month peak.\nAustralia will also hand down its budget on Tuesday, with Treasurer Josh Frydenberg saying on Sunday the budget would mark a very significant material improvement to the government’s bottom line.\nHowever, the latest COVID-19 outbreak could be a potential headwind for the Australian currency, with Shanghai entering a lockdown to curb rising numbers of cases in the city. The dollar was up 0.17% on the offshore yuan on Monday morning to 6.394.\nMeanwhile, "stronger-than-expected Eurozone consumer price indexes will add to rates market pricing for European Central Bank tightening, underpinning the euro," said the Barclays (LON:BARC) analysts. The single currency last traded at $1.0973 and was still feeling the economic impact of the war in Ukraine, triggered by the Russian invasion on Feb. 24.\nAlso on the data front, the latest U.S. jobs report, includingnon-farm payrolls, is due on Friday.\nHowever, the data is not expected to have a major effect on U.S. interest rate expectations and the dollar, with the market already bracing for several rate hikes within 2022.\nIn cryptocurrencies, bitcoin was near the $46,800 mark, after climbing to as high as $47,766 in early trading, the highest level since early January 2022.\nRelated Articles\nDollar Up, Yen Down as BOJ Continues Dovish Stance\nYen tumbles as BOJ intervenes to keep bond yields pinned down\nBitcoin rises 4.4 percent to $46,499', '• It was another bullish session for DOGE and SHIB on Sunday.\n• Broader crypto market sentiment and Elon Musk Twitter chatter delivered support.\n• Key technical indicators are bullish, with DOGE holding above the 50-day EMA and SHIB above the 200-day EMA.\nIt was another bullish day forDOGEandSHIBon Sunday. Bullish sentiment across the broadercryptomarket delivered support. For DOGE, Elon Musk’sTwitteraccount was DOGE positive, supporting the breakout session.\nFollowing a 3.97% gain on Saturday, DOGE rallied by 6.39% on Sunday to end the day at $0.1448. SHIB followed a 1.33% gain, with a 4.80% rise to end the day at $0.00002557.\nIt was a particularly bullish week for DOGE, which surged by 21.4% in the week ending March-27, 2022. SHIB rose by a more modest 10.7%.\nElsewhere,SOLrallied by 5.21% on Sunday, withAVAX(+4.61%) andETH(+4.77%) finding strong support.\nADA(+2.78%),BNB(+3.51%),LUNA(+2.87%), andXRP(+2.98%) trailed the front runners.\nBroader crypto market support delivered DOGE and SHIB solid gains for the day.\nBitcoin (BTC) broke out from $45,000 levels to end Sunday up 5.1% to $46,813. For Bitcoin, the sixth consecutive rise came despite Fed Chair Powell’s willingness to lift interest rates at a more aggressive pace to curb inflation.\nGeopolitics also failed to dampen the mood for the crypto market, with Russia’s invasion of Ukraine showing no signs of ending.\nFor DOGE,newsof Bitcoin of America adding DOGE to its Bitcoin ATMs (BTMs) delivered strong support in the week. Over the weekend, Elon Musk’s Twitter account also provided support.\nMusk took to Twitter, talking of Twitter’s failure to adhere to free speech. His Twitter account followers had a similar view. 70.4% saw Twitter not rigorously adhering to the free speech principles.\nMusk when on to say,\n“The consequences of this poll will be important. Please vote carefully.”\nThe comment, coupled with thesuggestionof buying Twitter and changing its logo to DOGE, contributed to the weekend gains.\nAt the time of writing, DOGE was up 0.41% to $0.1454. A mixed start to the day saw DOGE fall to an early low of $0.1431 before finding support.\nDOGE will need to avoid the day’s $0.1420pivotto make a run on the First Major Resistance Level at $0.1484. DOGE would need the broader crypto market to support a move back through Sunday’s high of $0.1456.\nAn extended rally would test the Second Major Resistance Level at $0.1521. The Third Major Resistance Level sits at $0.1622.\nA fall through the pivot would test the First Major Support Level at $0.1383. Barring an extended sell-off, DOGE should steer clear of sub-$0.1350 levels. The Second Major Support Level sits at $0.1319.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1313. The 50-day EMA pulled away from the 200-day EMA. The 100-day EMA closed in on the 200-day EMA; DOGE positive.\nA bullish cross of the 100-day EMA through the 200-day EMA would support a return to $0.16.\nAt the time of writing, SHIB was up by 0.74% to $0.00002576. A choppy start to the day saw SHIB fall to an early morning low of $0.00002529 before striking a high of $0.00002584.\nSHIB will need to avoid the day’s $0.0000251pivotto make a run on the First Major Resistance Level at $0.0000261. SHIB would need the broader crypto market to move through to $0.000026 levels.\nAn extended rally would test the Second Major Resistance Level at $0.0000266 and resistance at $0.0000270. The Third Major Resistance Level sits at $0.0000282.\nA fall through 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: 2022-03-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $893,773,504,920 - Hash Rate: 216984358.7631026 - Transaction Count: 293304.0 - Unique Addresses: 720718.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The U.S.-based investment firm KKR & Co is expected to report its fourth-quarter earnings of $1.02 per share, which represents year-over-year growth of over 108% from $0.49 per share seen in the same period a year ago. The company that manages multiple alternative asset classes would post revenue growth of 17% to $784.8 million. It is worth noting that the company has consistently beaten consensus earnings estimates in the last two years, at least. KKR stock closed 3.35% higher at $68.21 on Friday. The stock fell over 8% so far this year after surging over 80% in 2021. Analyst Comments “Strong near-term growth with fundraising supercycle and GA accretion coming into earnings, but we see this reflected in the price at the current valuation for a business model with greater earnings contribution from the balance sheet (40%). While strong investment performance could drive upward estimate revisions, we have less visibility on more episodic investment income gains,” noted Michael Cyprys, equity analyst at Morgan Stanley. “Mgmt’s increased focus on expanding the platform with adjacent strategies and scaling successor funds should drive higher fee-related earnings (FRE).” KKR Stock Price Forecast Ten analysts who offered stock ratings for KKR in the last three months forecast the average price in 12 months of $89.55 with a high forecast of $94.00 and a low forecast of $83.00. The average price target represents a 31.32% change from the last price of $68.19. Of those ten analysts, eight rated “Buy”, two rated “Hold” while none rated “Sell”, according to Tipranks. Morgan Stanley gave the base target price of $83 with a high of $115 under a bull scenario and $28 under the worst-case scenario. The investment bank gave an “Equal-weight” rating on the investment firm’s stock. Several other analysts have also updated their stock outlook. Wells Fargo cut the target price to $86 from $90. Oppenheimer lowered the target price to $88 from $89. Deutsche Bank slashed the target price to $90 from $94. Citigroup lifted the price target to $93.5 from $92. Story continues Technical analysis suggests it is good to buy as 150-day Moving Average and 100-200-day MACD Oscillator signals a buying opportunity. Check out FX Empire’s earnings calendar This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Central Bank Chatter, Economic Data, and Geopolitics in Focus USD/CAD Surges Higher on Strong U.S. Jobs Report Is the “expect a Big Rally” in Bitcoin Here? European Equities: A Week in Review – 04/02/22 Bitcoin (BTC) Consolidates Friday’s Breakout with a $41,000 Hold Florida to go Ahead and Receive State Fees in Crypto... - Reddit Posts (Sample): [['u/jesusjustpickaname', 'How can Bitcoin become a universal currency if there is an upper limit?', 71, '2022-03-28 00:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/tpuus2/how_can_bitcoin_become_a_universal_currency_if/', "I'm not into Bitcoin at all, but in light of recent inflation I've been thinking about it, so maybe the people in this subreddit can answer my doubts.\n\nUnlike fiat where more money can be printed to make up for lost supply, the number of accessible Bitcoins is always going to trend down due to hacked wallets and lost passwords. And unlike gold which is a physical asset that can *generally* be found/mined again, losing Bitcoin from the crypto economy is an irreversible process. \n\nIt seems to me like the people that have the most to gain are people already invested in Bitcoin currently. And in terms of using it as an actual currency, the longer time goes on, the smaller the increments that will be transacted between regular people, as its value skyrockets. Decades down the road, the distribution of the currency will largely be determined by the how generous the current owners are. It's not too unlike how we're currently held to the whims of governments' spending decisions when it comes to distributing fiat, except it's even less democratic because private owners have no obligation to anyone but themselves. Governments at least have to keep up somewhat of an appearance of caring. \n\nI guess my question is, how is this better than the current monetary system, and how can it act as a universal currency when its supply cannot be replenished? Besides hype, what factors are actually propping the value of Bitcoin?\n\nThe only time I can see Bitcoin being useful is in times of political turmoil. If your country's fiat is not accepted, then it can serve as a backup. But I'd rather not invest in something that relies on the countries falling into disarray to prop up its value. \n\nSorry if this post seems critical, I just feel like I must be missing something big here if I'm seeing all these flaws yet so many people are into Bitcoin. I'm just seeking to understand.", 'https://www.reddit.com/r/BitcoinBeginners/comments/tpuus2/how_can_bitcoin_become_a_universal_currency_if/', 'tpuus2', [['u/comfyggs', 46, '2022-03-28 00:32', 'https://www.reddit.com/r/BitcoinBeginners/comments/tpuus2/how_can_bitcoin_become_a_universal_currency_if/i2d8yyh/', ' Scarcity is the entire point', 'tpuus2'], ['u/bitusher', 47, '2022-03-28 00:41', 'https://www.reddit.com/r/BitcoinBeginners/comments/tpuus2/how_can_bitcoin_become_a_universal_currency_if/i2da0yx/', "Bitcoin being disinflationary means that every 4 years its monetary inflation is cut in half as well, thus bitcoin does not need to new adoption to grow in value \n\nOf the almost 19 million mined Bitcoin the estimates are 2-4 million lost bitcoin . When bitcoins are lost or destroyed it does not harm Bitcoin network at all, and simply acts as a charitable donation to all Bitcoin users making Bitcoin more scarce. It should be noted that less bitcoin is lost these days and less will be lost in the future as the value goes up.\n\nThis is not the same as gold because with gold the larger the price increases the more incentive there exists to mine and find gold and with gold large amounts can be found like with asteroid mining.\n\nIn 2026 Psyche will start reporting back to NASA the expected reality that there will a sudden hyper-inflationary spike in the volume of gold being mined in the near future\nhttps://www.jpl.nasa.gov/missions/psyche/\nSince psyche 16 asteroid represents an example of an asteroid that is a core of an early planet thus metallic and estimated to contain around $700 quintillion dollars of precious metals (gold, platinum, etc..) or 93 billion dollars of precious metals per person.\nWhile mining will not start immediately, the markets will start pricing in the expectation of mining and nation states will start to slowly sell their gold reserves if they are wise enough flooding the market with cheap gold.\n\nNation states will need an alternative asset to hedge against.\n\n-----------------------\n\n>I guess my question is, how is this better than the current monetary system, and how can it act as a universal currency when its supply cannot be replenished? \n\nThe supply does not need to be replenished ever because Bitcoin is so divisible, (13 decimal places in a payment channel) the total amount doesn't matter because even if Bitcoin is worth 100 million a coin you can still have enough divisibility to buy a cup of coffee. \n\n**There is plenty of parts to go around** \n\nDivisibility is not the same thing as increased inflation either as 1 usd = 4 quarters = 10 dimes = 100 pennies with purchasing power and inflation only occurs when another dollar is printed to drive down the spending power of each dollar.\n\nIf your concerns are with slight economic deflation vs inflation\n\nI personally prefer slight deflation for these reasons :\n\n1)\tEncourages people to invest in things they really need instead of unnecessary fluff and short term desires which is good for society and the environment\n\n2)\tencourages more savings instead of debt slavery which removes choice, confidence and power away from individuals\n\n\n3)\tkeeps fiat currency in check where too much inflation will cause more capital flight to Bitcoin and prevents corrupt governments from abusing the backdoor tax of inflation\n\n4) Reduces the negative cantillon effect of fiat by removing some of the control over currency from a small group of people that is in part due to fiat being inflationary\nhttps://fee.org/articles/the-cantillon-effect-because-of-inflation-we-re-financing-the-financiers/\n\n>what factors are actually propping the value of Bitcoin?\n\nBitcoin is very valuable and useful money. \n\n1) **Save money** - I like to save money with various services like lolli.com, ln.pizza ,foldapp.com,purse.io, or bitrefill.com (Bitcoin achieves this by credit and gift card arbitrage opportunities thus creating an efficiency)\n\n2) **Digital Gold** - Bitcoin is very desirable and scarce and since it is an uncorrelated asset class your portfolio is better hedged to be a safer way of finding alpha\n\n3) **Timestamping** - Tweetstamp, and opentimestamps are useful timestamping tools \n\n4) **Insurance** - If my bank account or credit cards get lost or stolen or account is frozen Bitcoin is a great alternative to store value\n\n5) **Censorship Resistance**- I can make donations to organizations like defense distributed or wikileaks even if their payment processors and banks are shutoff due to unethical political pressure\n\n6) **Sovereignty** - As a Business I can accept value even if I am deplatformed or banned from banking \n\n7) **Micro transactions** microtxs are simply not possible with fiat , where I can do so with my BTC lightning wallet\n\n8) **Security** SSS and multisig with CLTV and other scripts allow for novel methods to secure ones wealth\n\n9) **Privacy** with electronic fiat I have no privacy unlike with Bitcoin transactions where I am given a choice between privacy or transparency with each wallet\n\n10)\t**Global** I can travel the world , rent hotels and buy plane tickets and withdraw local currency easily without fears of credit card fraud. I can send payments to employees in foreign countries easily\n\n11) **Interesting and fun** It is fascinating mixture of technology, game theory, security, mathematics, politics, and economics that never bores me", 'tpuus2'], ['u/WeakLiberal', 13, '2022-03-28 00:59', 'https://www.reddit.com/r/BitcoinBeginners/comments/tpuus2/how_can_bitcoin_become_a_universal_currency_if/i2dc52j/', 'I think OP expects the smaller and smaller denominations that will become necessary to make a transaction will seems silly like 10^(-27)\n\nThis can be resolved with Satoshi denomination', 'tpuus2'], ['u/bitusher', 21, '2022-03-28 02:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/tpuus2/how_can_bitcoin_become_a_universal_currency_if/i2dnohb/', 'Humans are horrible with decimal places so there are terms for the units \n\nhttps://en.bitcoin.it/wiki/Units\n\nSats = 0.00000001\n\nBits = μBTC = 0.000001 (historically bits was used in money)\n\nmillies = mBTC = 0.001\n\nCoins = 1 Bitcoin\n\nThus if bitcoin is worth 10 million dollars a bitcoin than a cup of coffee will cost 10 sats and a 5 dollar burger would cost 50 sats and a 40k usd car would cost 4 millies or 4000 bits \n\nWith enough widespread usage and liquidity bitcoin could become the currency you primarily thought of prices in instead of the dollar as well.', 'tpuus2']]], ['u/Explicit65', 'I think when Nano hits $30, the real bull run will start.', 119, '2022-03-28 00:44', 'https://www.reddit.com/r/nanotrade/comments/tpv77a/i_think_when_nano_hits_30_the_real_bull_run_will/', "It is evident to me that many people are aware Nano is the best. I am convinced there is A LOT of money on the sidelines, ready to invest in Nano. They simply are scared to invest because Nano is way below its ATH. Personally, I believe that ATH of ~$30, was manipulated, but that's another topic.\n\nThe point I am making is this. I think when people see Nano reach its ATH again A LOT of FOMO will hit Nano. It is the best and I believe it's utility will win out in the end.\n\nI also believe Nano could go on a bull run at any time. The data shows it does not correlate with btc anymore. Nano does need BTC to take off.\n\nWith that said, as always, I'M NOT SELLING.\n\nAlso, this is not investment advice.", 'https://www.reddit.com/r/nanotrade/comments/tpv77a/i_think_when_nano_hits_30_the_real_bull_run_will/', 'tpv77a', [['u/Foodog100', 44, '2022-03-28 00:54', 'https://www.reddit.com/r/nanotrade/comments/tpv77a/i_think_when_nano_hits_30_the_real_bull_run_will/i2dbj47/', "Yup, $30 will be a strong psychological barrier, and Nano probably won't pass it on the first go on the next run-up.\n\nHowever, if Nano... Based 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:** ['Key Insights: It was a mixed session for DOGE and SHIB on Monday, with DOGE seeing red. SHIB\x92s inclusion on Netcoins, increased SHIB adoption, and latest burn figures delivered SHIB support. Key technical indicators are bullish, with DOGE and SHIB holding above their 50-day EMAs. It was a mixed day for DOGE and SHIB on Monday. Bullish sentiment across the broader crypto market and a Bitcoin move back towards $50,000 delivered support before a final hour sell-off. Partially reversing a 6.39% rally on Sunday, DOGE declined by 1.66% on Monday to end the day at $0.1424. SHIB followed a 4.80% gain, with a 3.72% rise to end the day at $0.00002652. It was a particularly bullish start to the week for SHIB, with news updates delivering the breakout session. A bearish end to the day saw DOGE give up gains from the day. SHIB had been up by as much as 15.7% before falling back to $0.0000265 levels. Elsewhere, LUNA rallied by 3.05%, with ETH (+1.16%) and XRP (+0.70%) also finding support. ADA (-1.35%), AVAX (-0.57%), BNB (-0.16%), and SOL (-1.17%) ended the day in the red. News Updates Deliver SHIB Support On Thursday, news of Netcoins including new digital assets SHIB and DOGE delivered price support. SHIB found further support on reports of English fashion brand John Richmond accepting and burning SHIB. Over the weekend, John Richmond announced on Twitter , \x939% $SHIB & 1% $Leash will be burned for every purchase through @NOWPayments_io.\x94 More Partnershibs? Here we are coming in hot! We are proud to accept and burn $SHIB and $LEASH for our online shop at @Johmrichmond. 9% $Shib & 1% $Leash will be burned for every purchase through @NOWPayments_io #LegendsLiveForever #JohnRichmond #ShibaJohnRichmond #SHIBARMY pic.twitter.com/pJFxDhuCeO \x97 John Richmond (@JRichmondstyle) March 26, 2022 There were also updates from the Shibburn, which took to Twitter, announcing 7,703,474 $SHIB tokens burned and six transactions on Monday. Story continues In the past 24 hours, there have been a total of 7,703,474 $SHIB tokens burned and 6 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy \x97 Shibburn (@shibburn) March 28, 2022 DOGE Price Action At the time of writing, DOGE was up 0.14% to $0.1426. A bullish start to the day saw DOGE rise to an early morning high of $0.1439 before easing back. A return to $0.15 would bring February\x92s high of $0.1733 into play. Technical Indicators DOGE will need to move through the day\x92s $0.1463 pivot to make a run on the First Major Resistance Level at $0.1497. DOGE would need the broader crypto market to support a move back through $0.1480 levels. An extended rally would test the Second Major Resistance Level at $0.1569. The Third Major Resistance Level sits at $0.1675. Failure to move through the pivot would test the First Major Support Level at $0.1391. Barring an extended sell-off, DOGE should steer clear of sub-$0.1380 levels. The Second Major Support Level sits at $0.1357. A move through the pivot would bring $0.15 levels back into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1347. The 50-day EMA pulled away from the 200-day EMA. The 100-day EMA also pulled away from the 200-day EMA after the overnight bullish cross; DOGE positive. A continued hold above the 50-day EMA would support a return to $0.16. Holding above the 50-day EMA would support the current run towards $0.17. SHIB Price Action At the time of writing, SHIB was up by 1.51% to $0.00002692. A bullish start to the day saw SHIB rise to an early morning high of $0.00002694. A return to $0.000030 would bring February\x92s high of $0.00003545 into play. Technical Indicators SHIB will need to move through the day\x92s $0.0000271 pivot to make a run on the First Major Resistance Level at $0.0000290. SHIB would need the broader crypto market to return to $0.000028 levels. An extended rally would test resistance at $0.0000300 and the Second Major Resistance Level at $0.0000315. The Third Major Resistance Level sits at $0.0000358. Failure to move through the pivot would bring the First Major Support Level at $0.0000247 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000024 levels. The Second Major Support Level sits at $0.0000228. A move through the day\x92s pivot would be needed to avoid a return to sub-$0.000025. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 50-day EMA at $0.0000248 after Monday\x92s bullish cross. This morning, the 50-day EMA pulled away from the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA. A bullish cross of the 100-day EMA through the 200-day EMA would bring $0.000030 levels into play. Holding above the 50-day EMA would support another run at $0.000030. This article was originally posted on FX Empire More From FXEMPIRE: Coinbase Could Reportedly Buy Mercado Bitcoin\x92s Parent Company Silver Prices Slipped as US Yields Climb Higher SHIB Tests Resistance at $0.000030 Before Easing Back Bitcoin (BTC) Trending, with $50,000 Within Reach Shiba Inu Transaction Volume Soars 288% As Price Rallies by 21% The S&P500 Melt-Up to 5500+ Is Still on Track.', '• It was a mixed session for DOGE and SHIB on Monday, with DOGE seeing red.\n• SHIB’s inclusion on Netcoins, increased SHIB adoption, and latest burn figures delivered SHIB support.\n• Key technical indicators are bullish, with DOGE and SHIB holding above their 50-day EMAs.\nIt was a mixed day forDOGEandSHIBon Monday. Bullish sentiment across the broadercryptomarket and a Bitcoin move back towards $50,000 delivered support before a final hour sell-off.\nPartially reversing a 6.39% rally on Sunday, DOGE declined by 1.66% on Monday to end the day at $0.1424. SHIB followed a 4.80% gain, with a 3.72% rise to end the day at $0.00002652.\nIt was a particularly bullish start to the week for SHIB, with news updates delivering the breakout session.\nA bearish end to the day saw DOGE give up gains from the day. SHIB had been up by as much as 15.7% before falling back to $0.0000265 levels.\nElsewhere,LUNArallied by 3.05%, withETH(+1.16%) andXRP(+0.70%) also finding support.\nADA(-1.35%),AVAX(-0.57%),BNB(-0.16%), andSOL(-1.17%) ended the day in the red.\nOn Thursday,newsof Netcoins including new digital assets SHIB and DOGE delivered price support. SHIB found further support on reports of English fashion brand John Richmond accepting and burning SHIB.\nOver the weekend, John Richmond announced onTwitter,\n“9% $SHIB & 1% $Leash will be burned for every purchase through @NOWPayments_io.”\nThere were also updates from the Shibburn, which took to Twitter, announcing 7,703,474 $SHIB tokens burned and six transactions on Monday.\nAt the time of writing, DOGE was up 0.14% to $0.1426. A bullish start to the day saw DOGE rise to an early morning high of $0.1439 before easing back.\nDOGE will need to move through the day’s $0.1463pivotto make a run on the First Major Resistance Level at $0.1497. DOGE would need the broader crypto market to support a move back through $0.1480 levels.\nAn extended rally would test the Second Major Resistance Level at $0.1569. The Third Major Resistance Level sits at $0.1675.\nFailure to move through the pivot would test the First Major Support Level at $0.1391. Barring an extended sell-off, DOGE should steer clear of sub-$0.1380 levels. The Second Major Support Level sits at $0.1357.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1347. The 50-day EMA pulled away from the 200-day EMA. The 100-day EMA also pulled away from the 200-day EMA after the overnight bullish cross; DOGE positive.\nA continued hold above the 50-day EMA would support a return to $0.16.\nAt the time of writing, SHIB was up by 1.51% to $0.00002692. A bullish start to the day saw SHIB rise to an early morning high of $0.00002694.\nSHIB will need to move through the day’s $0.0000271pivotto make a run on the First Major Resistance Level at $0.0000290. SHIB would need the broader crypto market to return to $0.000028 levels.\nAn extended rally would test resistance at $0.0000300 and the Second Major Resistance Level at $0.0000315. The Third Major Resistance Level sits at $0.0000358.\nFailure to move through the pivot would bring the First Major Support Level at $0.0000247 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000024 levels. The Second Major Support Level sits at $0.0000228.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 50-day EMA at $0.0000248 after Monday’s bullish cross. This morning, the 50-day EMA pulled away from the 200-day EMA. The 100-day EMA also closed in on the 200-day EMA.\nA bullish cross of the 100-day EMA through the 200-day EMA would bring $0.000030 levels into play.\nThisarticlewas originally posted on FX Empire\n• Coinbase Could Reportedly Buy Mercado Bitcoin’s Parent Company\n• Silver Prices Slipped as US Yields Climb Higher\n• SHIB Tests Resistance at $0.000030 Before Easing Back\n• Bitcoin (BTC) Trending, with $50,000 Within Reach\n• Shiba Inu Transaction Volume Soars 288% As Price Rallies by 21%\n• The S&P500 Melt-Up to 5500+ Is Still on Track.', 'Greyscale Investments might sue the U.S. Securities and Exchange Commission (SEC) if its filing to convert its US$30 billion Bitcoin trust into an exchange-traded fund (ETF) is rejected, company CEO Michael Sonnensheintold Bloomberg.\nSee related article:Bitcoin price hits all-time high after ProShares ETF debut\n• The SEC’s deadline to approve or reject Greyscale’s filing is July 6, after which Sonnenshein said “all options are on the table.”\n• In seeking legal action, Greyscale would argue that the SEC has granted approval to Bitcoin derivatives-backed ETFs but **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: 2022-03-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $902,866,596,676 - Hash Rate: 206066906.7498648 - Transaction Count: 286940.0 - Unique Addresses: 706611.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: El Salvador has been using technology from crypto software firm AlphaPoint to fix a series of problems that have plagued its state-run bitcoin wallet Chivo, the government and the company announced on Tuesday. AlphaPoint started shoring up Chivo’s problematic front- and back-end infrastructure for its app and payment processing capabilities in December after striking an agreement with the administration of El Salvador President Nayib Bukele, AlphaPoint co-founder and CEO Igor Telyatnikov told CoinDesk. But the parties didn't disclose the arrangement until Tuesday. The change of supplier comes after hundreds of Salvadorans complained thathackers had illegally activated walletsassociated with the nine-digit numbers on their identity cards and dozensreported on social media that money had disappeared from their Chivo wallets. AlphaPoint is now providing the technology behind Chivo’s mobile application, mobile point-of-sale processing, merchant website portal, call-center support software and administrative console, it said in a statement. Telyatnikov said that “the majority of complaints” about the Chivo Wallet were prior to AlphaPoint's entry. Before AlphaPoint, the operator of bitcoin automated teller machines, Athena Bitcoin, provided the technology infrastructure for the Chivo wallet, Athena Bitcoin told CoinDesk. The company did not specify the reasons for the contract's termination. AlphaPoint has been in operation for nine years and currently has more than 50 clients, although the agreement with El Salvador is its first with a government. According to Telyatnikov, AlphaPoint had unsuccessfully applied to be the software provider for the Chivo wallet before its launch in September. The company said its machine-learning facial recognition and authentication technology verifies wallet users. Its software also is intended to improvesLightning Network integration that accelerates and reduces costs for bitcoin transactions via QR codes and Lightning addresses. According to atweet published by Bukeleon Jan. 19, the Chivo wallet already has 4 million user, in a country with 6.5 million inhabitants.... - Reddit Posts (Sample): [['u/BoredMiike', 'Questions about Cryptocurrency.', 23, '2022-03-29 02:21', 'https://www.reddit.com/r/cryptoleftists/comments/tqnaer/questions_about_cryptocurrency/', "I'm sorry if these are common knowledge but when it comes to crypto I would like to hear from a leftist perspective rather than right wing or libertarian. Also im new too so be nice lol\n\nQ1. Is Bitcoin or Etherum really game changers and how will they help the Woking clas or marginalised group's?\n\nQ2. How has Satosho Nakomato remained anonymous? Couldn't any Secret service or central intelligence around the world not track him/her/them down?\n\nQ3. Again I take these with a grain of salt but I've read that bitcoin supposedly is a threat to the U.S. Dollar and the banking industry but I'm not sure how true this is.", 'https://www.reddit.com/r/cryptoleftists/comments/tqnaer/questions_about_cryptocurrency/', 'tqnaer', [['u/NewDark90', 13, '2022-03-29 03:30', 'https://www.reddit.com/r/cryptoleftists/comments/tqnaer/questions_about_cryptocurrency/i2ienge/', "First off: Glad you're here and making an effort to learn.\n\n1: Bitcoin undermines parts of the global banking system and central banking. That's about all though, but given all of the problematic aspects and unjust power wielded by these institutions, it's very significant. \n\nEthereum and other smart contract cryptocurrencies more fully remove the need for banks (defi), and offer the ability to create decentralized web services. Decentralization gives resilience and is permissionless. Maybe AWS kicks you off their service for hosting union propaganda for example.\n\n2: Good question, there's a shortlist of likely candidates people have compiled. He may even be dead if you believe it was Hal Finney. He was a careful cypherpunk at the end of the day.\n\n3: It is. There are plenty of problems with bitcoin, but it makes for a better global reserve currency than the dollar. It's not controlled by a single entity (the federal reserve), and it's deflationary instead of inflationary (more valuable to hold than spend).\n\nI should stress that bitcoin has other issues and might not end up filling that niche, but that's how it looks now. Ethereum and others are doing much more interesting and useful things.", 'tqnaer']]], ['u/DevilsAdvotwat', 'Looking for in depth answers to questions related to data architecture, development stage (theory & simulations vs real world engineering), roadmap, developer support, project management, governance, interoperability etc', 47, '2022-03-29 03:26', 'https://www.reddit.com/r/Radix/comments/tqohj1/looking_for_in_depth_answers_to_questions_related/', "Hi r/Radix i'm fascinated by Radix technology, I have a science based background and PM in tech space who appreciates the research driven philosophy of Radix and have lots of questions regarding Radix current and future state and how it compares to other research/academic driven projects e.g. Cardano and Algorand.\n\n​\n\nFrom reading as much material on Radix website, infographic series, whitepapers etc, some of these can be very complex concepts and I would like to get some insights from this sub. The vibe I get at the moment is similar to Cardano a few years ago, but sounds infinitely better at least in theory, so...\n\n1. UXTO based architecture similar to Cardano, currently this is unsharded and won't be sharded until Xi'an phase in 2023? What potential issues going from theory to actually engineering this system architecture?\n2. Radix boasts of 1.4 million TPS in simulation, Radix website states currently it is around 50 TPS, but a recent [Jepson report](https://jepsen.io/analyses/radix-dlt-1.0-beta.35.1) says it started timing out around 16 TPS, when will another audit of this be done, do we have to wait until Xi'an stage for proof.\n3. Does Radix also look at throughput not just TPS? Being a UXTO chain does it allow multiple tokens being sent as single transaction and what size is this in Kb? What is the maximum size of that can be sent and is it an adjustable parameter?\n4. DEX's being developed on Radix, will they be able to handle Orderbook style DEX as well as AMM and is there any in development?\n5. Does Radix have probabilistic finality currently at 20 seconds, but 5 seconds in the future? \n6. What id Radix Storage solution for archiving? How much big is the current blockchain, I can't seem to find data on this? What is the long term plan for storage so the blockchain doesnt get too bloated.\n7. For validators and nodes I think I counted around 100 active ones from this [explorer website](https://explorer.radixdlt.com/#%2Fvalidators=), what is the current total number, distribution of these based on staked Radix, how decentralised is it compared to other chains (number of nodes, token distribution, nakamoto coefficient etc) \n\n\nFor developers, Scrypto is a new language based on Rust and I read a good overview on the [Rust subreddit](https://www.reddit.com/r/rust/comments/rh3wry/radix_dlt_releases_scrypto_programming_language/). \n\n1. Is there any additional 'reviews' or comparisons available that are not from Radix team but independent developers?\n2. Why did Radix choose Rust as their language of choice for Scrypto, developer adoption based on it being the [most loved language on Stack Overflow](https://www.reddit.com/r/rust/comments/rh3wry/radix_dlt_releases_scrypto_programming_language/)?\n3. What are the downsides or limitations of Scrypto?\n4. Will Radix look to incorporate other languages e.g. Python as this is the most wanted language and one of the most common. Other chain like Algorand have PyTeal that is a Python version of their own language. Cardano is looking to bring in common languages through K framework and IELE, although this is still early.\n5. Beyond the documentation for Scrypto e.g. examples, code snippets etc, what tools for testing, DevOps, VS Code extensions etc is Radix looking to provide? \n\n\nRadix seems solely focused on DeFi at the moment. Governance, DIDs (decentralised identification) andInteroperability are other common areas for other chains at the moment...\n\n1. With it's UXTO based architecture will Radix look to be interoperable with other UXTO based chains e.g. Bitcoin, Cardano, Nervos Network, Ergo etc. Is Interoperability even something that Radix is looking into at all?\n2. Onchain governance is very common with DAOs on. chains, [https://snapshot.org/#%2F=](https://snapshot.org/#%2F=) provides a governance space for LOTS of projects. Cardano has Project Catalyst for funding the protocol and projects, Algorand has Governance voting for the projects (although small and early days), what is Radix looking to do in this area of decentralised governance.\n3. Is Radix looking do do anything with IDs beyond KYC with Instapass, e.g. Cardano has [Atala Prism](https://atalaprism.io/).\n4. Will Radix doing doing anything related to supply chains\n\n​\n\nProject Management is under rated in Crypto space as not doing it properly you end up with Ethereum fixing things as you go rather than building a solid foundation, this is why i have liked research driven approach of Radix and Cardano.\n\n1. Does Radix have a dedicated project management team and what methodology and frameworks are they working in, Agile, Waterfall, Prince2, Scrum, Kanban etc\n2. Roadmap on the Radix website is great for overview, how have the timelines been so far for project being on track?\n3. Software development always takes longer than expected, Cardano is a great example and the but of many jokes on how slow they are, Bablyon was recently pushed from late 2022 to early 2023, is it reasonable to assume that the Completed, fully sharded, Xi'an phase will likely be 2024?\n4. Based on these timelines how advanced will other chains be compared to Radix at this time e.g. Cardano should have its Hydra layer 2 solution but then and side chains, Algorand will have state proofs, pipelining and co-chains etc. Both will likely have bigger ecosystems, developer tooling and communities\n\nI'm sure I have lots more questions, this is just a start to get some discussions going in these areas! Any help would be appreciated", 'https://www.reddit.com/r/Radix/comments/tqohj1/looking_for_in_depth_answers_to_questions_related/', 'tqohj1', [['u/Blind5ight', 15, '2022-03-29 10:31', 'https://www.reddit.com/r/Radix/comments/tqohj1/looking_for_in_depth_answers_to_questions_related/i2jhusf/', "You can get answers directly from the primary force behind the development of the Radix protocol via **#roundtable** (project management, strategy, vision, ...): [https://www.reddit.com/r/Radix/comments/tqgqmh/the\\_march\\_roundtable\\_between\\_the\\_rdx\\_works\\_c/?utm\\_source=share&utm\\_medium=web2x&context=3](https://www.reddit.com/r/Radix/comments/tqgqmh/the_march_roundtable_between_the_rdx_works_c/?utm_source=share&utm_medium=web2x&context=3)\n\n**#AMA** (technical questions covered by Dan & Piers)\n\nFor your 'for developers' question, you can also check in the engineering channels on discord to get input from non-RDX Works team members.\n\nFYI: Rust has the concept of 'resources' which lends itself well for the concept of 'assets': [https://docs.rs/resources/latest/resources/](https://docs.rs/resources/latest/resources/)\n\nRadix ecosystem takes root with Babylon, this will be the first ecosystem powered by an asset-oriented paradigm \nRadix ecosystem will be scaling with Xi'an, this will be the first ecosystem to scale without breaking cross-shard atomic composability, without fragmenting user experience and liquidity\n\nOther smart contract platforms might seem to be ahead but they are just further ahead down the wrong path. \nRadix was very meticulous in plotting their path.\n\nThere's an upside and downside: \n\\- Behind in practice \n\\+ Ahead in theory\n\nIt's just a matter of time when projects get hit by their technological debt and will set them behind in... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 mining fundamentals are getting progressively more difficult, considering the continued expansion in worldwide network hash rates.\nThat said, with over 70% gross mining margins, bitcoin break-even production costs of between $5,000-$16,000 (compared to bitcoin’s current spot price of ~$47,500), the profitability profile of industrial-scale bitcoin mining remains robust.\nEach day brings with it the potential for ~$40 million in mining revenue, and until 2140 comes into view, there are still 2 million BTC left to mine.\n"Thus," says Stifel analyst Suthan Sukumar, “we view miners as a compelling levered play on bitcoin that provides investors with direct exposure to the sector with upside optionality from continued scale expansion, strategic diversification, and potential consolidation as the industry matures.”\nSukumar favors miners which have a more “resilient growth outlook” on the mining revenue and profit front and which can withstand bitcoin’s famous volatility. Ones that are “well-capitalized, scaled miners with a funded path to significant near-term capacity expansion and focus on operational efficiencies,” are best positioned to succeed.\nWith this in mind, Sukumar has pinpointed two promising bitcoin mining stocks which fit that profile. We ran them through theTipRanks databaseto see what the rest of Wall Street’s analysts think about them; turns out, they are both rated as Strong Buys and projected to yield outsized returns in the year ahead. Let’s dig in.\nHut 8 Mining Corp(HUT)\nFirst up, we have Hut 8, a Canadian bitcoin miner and one of the biggest industrial scale crypto mining enterprises in North America. Founded in 2017, HUT began the first stage of its self-owned mining operations in energy-rich Alberta, through a partnership with global blockchain technology company Bitfury. This offered Hut exclusive access to proprietary bitcoin mining hardware and operational support around the clock.\nHut 8’s lean operation consists of roughly 60 blockchain and data center experts. The company is also one of the mining industry’s most prominent bitcoin HODL’ers, boasting more than 6,200 bitcoin in its reserves.\nHUT kicked off its self-mining operations with 18.7MW of power capacity in Drumheller, Alberta. Following expansions at the facility, in addition to a cumulative 67MW from another mining site in Medicine Hat, Alberta, HUT’s total power capacity swelled to almost 110MW. With development plans afoot in Northern Ontario, the stage is set for HUT’s total power capacity to almost double over the near term. At the same time, given the favorable power rates, the expansion will also significantly reduce overall direct mining costs. This all puts the company on track to expand operating capacity over the upcoming quarters from the present 2.5 EH/s to 4.6 EH/s, with management targeting 6.0 EH/s by the end of the year.\nThat the company is growing at a fast clip is easy to see given the huge growth spurt it has gone through over the past year. In the most recent financial report – for 4Q21 – revenue surged by 345.4% year-over-year to reach C$57.9 million.\nIn his coverage note on HUT, Sukumar is attracted to the promising growth profile while also noting the company is exploring other promising revenue generating opportunities.\n“With a strong track record and healthy balance sheet from recent capital raises, we see the company well positioned to execute on its growth plan, allowing it to increase its operating scale and capacity with a more competitive cost profile in the coming quarters,” the analyst said. “We see additional near-term catalysts resulting from progress on the company\'s diversification plan. Specifically, these include leveraging its recently purchased data center assets and industry relationships to secure new emerging business opportunities in the high-performance computing and web3 space.”\nEverything that HUT has going for it prompted Sukumar to rate the stock a Speculative Buy. The cherry on top? His $11 price target implies ~80% upside from current levels. (To watch Sukumar’s track record,click here)\n4 other analysts have recently reviewed HUT’s prospects, and all are positive, making the consensus rating here a Strong Buy. The average price target is even more bullish than Sukumar will allow; at $12.30, the figure represents potential upside of 102% in the year ahead. (See HUT stock forecast on TipRanks)\nHIVE Blockchain Technologies (HIVE)\nThe next company we’ll look at is another Canadian crypto miner. HIVE was the first miner to be publicly listed and has roots in GPU-based mining of Ethereum. But the company has since evolved, diversifying its mining endeavors to include bitcoin in 2020, since when the company has focused on expanding its operations.\nAgainst the backdrop of last year’s favorable mining conditions, HIVE generated a gross mining margin profile of around ~75%, making it a leader amongst its peers. The company was able to aggressively invest in power capacity increases, new BTC rigs, and ETH rig improvements thanks to combining this with clever ETH selling and well-timed financial infusions.\nThe purpose of all the investments is for the total BTC equivalent hash rate to increase from the current 2.9 EH/s to 4.5 EH/s by this spring, based on the power capacity rising to 155MW. This will also bring the BTC/ETH mix nearer to 70/30.\nThe company is targeting further expansion. In the works is a 100MW site in a new facility located in low-cost crypto-friendly Texas, for which HIVE has signed a LOI with crypto mining hosting giant Compute North.\nShlisky sees HIVE in solid position thanks to its "unique combination of established scale, next-generation hardware, and low-cost, 100% renewable power.”\nThe analyst further writes, “The company has been building on its ethereum mining roots with a rapidly expanding bitcoin mining footprint through strategic expansions, which is driving an outlook for strong revenue growth and profitability. With a HODL strategy growing in prominence and a healthy balance sheet from recent capital raises, we see potential for the company to continue to scale aggressively yet responsibly as it prioritizes its peer-leading operational efficiency.”\nAcknowledging the strength of the company’s forward plans, Shlisky rates HIVE shares a Speculative Buy, and his $3.75 price target suggests an upside of ~65% for the year ahead.\nOnce again, we are looking at a stock with a Strong Buy consensus rating, this time based on a unanimous 3 Buys. The $3.85 price target is a touch higher than Sukumar’s objective and set to generate returns of ~70% over the 12-month timeframe. (See Hive stock forecast on TipRanks)\nTo find good ideas for stocks trading at attractive valuations, visit TipRanks’Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.', 'Bitcoin mining fundamentals are getting progressively more difficult, considering the continued expansion in worldwide network hash rates. That said, with over 70% gross mining margins, bitcoin break-even production costs of between $5,000-$16,000 (compared to bitcoin’s current spot price of ~$47,500), the profitability profile of industrial-scale bitcoin mining remains robust. Each day brings with it the potential for ~$40 million in mining revenue, and until 2140 comes into view, there are still 2 million BTC left to mine. "Thus," says Stifel analyst Suthan Sukumar, “we view miners as a compelling levered play on bitcoin that provides investors with direct exposure to the sector with upside optionality from continued scale expansion, strategic diversification, and potential consolidation as the industry matures.” Sukumar favors miners which have a more “resilient growth outlook” on the mining revenue and profit front and which can withstand bitcoin’s famous volatility. Ones that are “well-capitalized, scaled miners with a funded path to significant near-term capacity expansion and focus on operational efficiencies,” are best positioned to succeed. With this in mind, Sukumar has pinpointed two promising bitcoin mining stocks which fit that profile. We ran them through the TipRanks database to see what the rest of Wall Street’s analysts think about them; turns out, they are both rated as Strong Buys and projected to yield outsized returns in the year ahead. Let’s dig in. Hut 8 Mining Corp ( HUT ) First up, we have Hut 8, a Canadian bitcoin miner and one of the biggest industrial scale crypto mining enterprises in North America. Founded in 2017, HUT began the first stage of its self-owned mining operations in energy-rich Alberta, through a partnership with global blockchain technology company Bitfury. This offered Hut exclusive access to proprietary bitcoin mining hardware and operational support around the clock. Hut 8’s lean operation consists of roughly 60 blockchain and data center experts. The company is also one of the mining industry’s most prominent bitcoin HODL’ers, boasting more than 6,200 bitcoin in its reserves. Story continues HUT kicked off its self-mining operations with 18.7MW of power capacity in Drumheller, Alberta. Following expansions at the facility, in addition to a cumulative 67MW from another mining site in Medicine Hat, Alberta, HUT’s total power capacity swelled to almost 110MW. With development plans afoot in Northern Ontario, the stage is set for HUT’s total power capacity to almost double over the near term. At the same time, given the favorable power rates, the expansion will also significantly reduce overall direct mining costs. This all puts the company on track to expand operating capacity over the upcoming quarters from the present 2.5 EH/s to 4.6 EH/s, with management targeting 6.0 EH/s by the end of **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-03-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $893,089,112,109 - Hash Rate: 184232002.723389 - Transaction Count: 272864.0 - Unique Addresses: 662686.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It was another bullish day for Bitcoin (BTC) and the broader crypto market on Monday. The upside came in spite of the NASDAQ 100 ending the day in the red. For the crypto market, a shift in sentiment stemmed from key technical indicators suggesting the beginnings of a bullish trend formation. Following a 2.40% gain on Sunday, Bitcoin rallied by 3.42% to end the day at $43,861. Resistance at $44,500 prevented Bitcoin from visiting $45,000 levels for the first time since 5thJanuary. Looking at the major resistance levels on the day, Bitcoin broke through the first major resistance level at $43,000 and through the second major resistance level at $43,600 to wrap up the day at $43,800 levels. Look at the 4-hourly chart, we had seen a bullish cross on Sunday, with the 50-day EMA crossing through the 100-day. On Monday, the 50-day EMA continued to narrow on the 200-day EMA, supporting the run at $45,000 levels. Elsewhere, Shiba Inu Coin (SHIB) jumped by 14.35%, with Dogecoin (DOGE) and Terra (LUNA) rallying by 7.30% and by 7.62% respectively. The upside was not enough to move Dogecoin back into the top 10 onCoinMarketCap. Ripple’sXRPled the way, however, surging by 21.7%. Market sentiment towards the SEC v Ripple Lab case supported the breakout day for XRP, which fed through to the broader crypto market. Monday’s bullish session delivered another boost for theBitcoin Fear & Greed Indexthat continues its upward trend. Having moved out of the red zone on Friday, the Index rose to 48/100 this morning. The move through to 48/100 saw the index move out of the fear zone and into the neutral zone. For the Bitcoin bulls, the index stood at its highest level since a 22ndNovember 50/100. At that time, Bitcoin had been at $56,000 levels. We continue to see an uptrend towards 50/100 as supportive of a Bitcoin move back through to $50,000 levels. At the time of writing, Bitcoin was up by 0.03% to $43,874. Avoiding the day’s $43,356 pivot would support a run at the first major resistance level at $45,000. Bitcoin would need plenty of support to breakout from $44,500 levels, however. In the event of an extended rally, Bitcoin could test resistance at $47,000 before any pullback. The second major resistance level sits at $46,184. A fall through the pivot, however, would bring the first major support level at $42,195 into play. Barring an extended sell-off, Bitcoin should steer well clear of the second major support level at $40,528 and sub-$40,000 levels. Looking at the EMAs and 4-hourly candlesticks, the signal continues to become more bullish. The 50-day EMA has pulled away from 100-day EMA after Sunday’s bullish cross. The 50-day and 100-day EMAs have also narrowed on the 200-day EMA. A bullish cross of the 50-day through the 200-day EMA would bring $50,000 levels into play. Thisarticlewas originally posted on FX Empire • E-mini Dow Could Weaken Under 34932, Strenghten Over 35380 • Silver Prices Rally in the Wake of Strong Economic Data • Rangebound E-mini NASDAQ-100 Setting for Volatile Move • The First Spanish Real Estate Developer Has Joined the Metaverse • Canadian Arm of KPMG Adds Bitcoin and Ethereum to Its Treasury • After Bitcoin Craze Venezuelans to Face upto 20% Crypto Tax... - Reddit Posts (Sample): [['u/PetevonPete', 'Lebanon, Iraq, Nigeria, Egypt, DR Congo, Mali, Algeria, North Macedonia, and Sweden were eliminated from World Cup contention today. 40 Countries remaining', 178, '2022-03-30 01:10', 'https://www.reddit.com/r/soccer/comments/trsgux/lebanon_iraq_nigeria_egypt_dr_congo_mali_algeria/', '*I\'m making an ongoing series where I make a post every time a country is eliminated from world championship contention in an "And There Were None" countdown to the World Cup.*\n\nEliminated today:\n\n\n# [](#sprite6-p95) Lebanon\n\nLebanon entered qualification in the second round, coming in second in Group H behind South Korea. They benefited from North Korea withdrawing from qualifying and their results voided, since they dropped their opening game against them 0-2. They recovered for improved results for the rest of 2019, securing wins against Turkmenistan and Sri Lanka, and more importantly scraping a 0-0 draw at home to South Korea. That point is what made the difference in the end, allowing them to come 2nd in the group despite dropping a loss to Turkmenistan when qualification resumed post-COVID, with all matches in Korea.\n\nLebanon and South Korea would stay together into the third round, but Lebanon wouldn\'t manage more points from them, losing both games 1-0. Lebanon\'s only win so far this round was their 2-3 win over Syria. After going down in the opening score, Mohamad Kdouh got two goals in as many minutes in first half stoppage time to quickly turn the tables.\n\nLebanon\'s world cup hopes took a major blow last week in a rather embarrassing fashion. after going down 3-0 at home in the first half to already-eliminated Syria, the match was interrupted by Lebanese fans rioting and attacking Syrian players. After the stadium emptied, the Lebanese team couldn\'t turn things around at the last minute. Luckily, Iraq was able to secure a win over UAE on the same day, which kept Lebannon\'s hopes alive until their final match, but they weren\'t able to get the required upset against group leaders Iran.\n\nMatches:\n\n2-1 win over Turkmenistan - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080635) - [Highlights](https://www.youtube.com/watch?v=ppVcR3bLoY8)\n\n0-3 win over Sri Lanka - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080636) - [Highlights](https://www.youtube.com/watch?v=txaUp8NMSPE)\n\n0-0 draw with South Korea - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080667)\n\n3-2 win over Sri Lanka - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080674) - [Highlights](https://www.youtube.com/watch?v=EdbtQaBgskA)\n\n3-2 loss to Turkmenistan - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400176834)\n\n2-1 loss to South Korea - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080677)\n\n0-0 draw with United Arab Emirates - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181491) - [Highlights](https://www.youtube.com/watch?v=ucfWFqV5zn8)\n\n1-0 loss to South Korea - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181508) - [Highlights](https://www.youtube.com/watch?v=U-sV34h_EtM)\n\n0-0 draw with Iraq - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181496) - [Highlights](https://www.youtube.com/watch?v=b_J700tidAc)\n\n2-3 win over Syria - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181498) - [Highlights](https://www.youtube.com/watch?v=AsLxffgP1T0)\n\n1-2 loss to Iran - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181502) - [Highlights](https://www.youtube.com/watch?v=iCondOMpGLY)\n\n0-1 loss to United Arab Emirates - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181506) - [Highlights](https://www.youtube.com/watch?v=tykQ3VPtZqs)\n\n0-1 loss to South Korea - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181493) - [Highlights](https://www.youtube.com/watch?v=0Crw-_xPYWE)\n\n1-1 draw with Iraq - [Report](https://www.the-afc.com/en/matches/fifa-world-cup/2022/2220268) - [Highlights](https://www.youtube.com/watch?v=9tEhljK3ezo)\n\n0-3 loss to Syria - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181513)\n\n# [](#sprite6-p79) Iraq\n\nDespite many difficulties, including no home venue after their first match Iraq blazed through the second round, past tough competition from Bahrain, only losing on game the whole round, their final 1-0 loss to Iran.\n\nThey followed Iran into Group A for the third round, but despite getting a very encouraging draw with South Korea in Seoul in their round opener, Iraq struggled on attack and went their first three games without scoring a goal. After an own goal by the UAE put Iraq on the scoreboard, Aymen Hussein came off the bench and converted cross in the 89th for the first true Iraqi goal of the round. However, the UAE managed to equalize deep into injury time to end in a draw.\n\nAnd draws really were the story for Iraq this round. Their *six* draws kept their hopes alive until the last day, their sole win against the UAE last week meant they were never in a comfortable position. A draw wasn\'t good enough against Syria today, and the one-two punch of failing to get the win against Syria and the UAE getting a surprise upset against South Korea means Iraq will miss out on the playoffs.\n\n\n\n\nMatches:\n\n1-1 draw with Bahrain - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080726) - [Highlights](https://www.youtube.com/watch?v=Y46Dbnl3qII)\n\n2-0 win over Hong Kong - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080731) - [Highlights](https://www.youtube.com/watch?v=S_QWfR6sNQc)\n\n0-4 win over Cambodia - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080732) - [Highlights](https://www.youtube.com/watch?v=1gb0qm5qyWY)\n\n2-1 win over Iran - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080735) - [Highlights](https://www.youtube.com/watch?v=d9-YLEaUAG0)\n\n0-0 draw with Bahrain - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080736) - [Highlights](https://www.youtube.com/watch?v=pZPEKYa4d-4)\n\n4-1 win over Cambodia - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080742) - [Highlights](https://www.youtube.com/watch?v=jKX8S6y-eAA)\n\n0-1 win over Hong Kong - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080741) - [Highlights](https://www.youtube.com/watch?v=C7WCFJ9j58k)\n\n1-0 loss to Iran - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400080745) - [Highlights](https://www.youtube.com/watch?v=dibSGb66frU)\n\n0-0 draw with South Korea - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181490) - [Highlights](https://www.youtube.com/watch?v=qAes-LsoOJA)\n\n0-3 loss to Iran - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181494) - [Highlights](https://www.youtube.com/watch?v=d1MvXx04bj0)\n\n0-0 draw with Lebanon - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181496) - [Highlights](https://www.youtube.com/watch?v=b_J700tidAc)\n\n2-2 draw with United Arab Emirates - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181499) - [Highlights](https://www.youtube.com/watch?v=YpIPjVDbfJI)\n\n1-1 draw with Syria - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181501) - [Highlights](https://www.youtube.com/watch?v=PlxBbspAjGo)\n\n0-3 loss to South Korea - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181505) - [Highlights](https://www.youtube.com/watch?v=tKvyOwf-nG0)\n\n1-0 loss to Iran - [Report](https://www.fifa.com/tournaments/mens/worldcup/qatar2022/qualifiers/afc/match-center/400181509) - [Highlights](https://www.youtube.com/watch?v=aBU4yKfzDzE)\n\n1-1 draw with Lebanon - [Report](https://www.the-afc.com/en/matches/fifa-world-cup/2022/2220268) - [Highlights](https://www.youtube.com/watch?v=9tEhljK3ezo)\n\n\n\n# [](#sprite6-p128) Nigeria\n\nOne of the historically dominant teams in Africa, Nigeria was thought to easily advance out of their second round group, but giving up a final injury time goal to Central African Republic for a 1-0 loss in Lagos put them in a very dangerous position of being eliminated. They needed at least a draw in their final matchday against Cape Verde, so they breathed a sigh of relief when Victor Osimhen took advantage of a messy Cape Verde header to put Nigeria on the board before 60 seconds were up. Nigeria were happy to play defensively for the rest of the match, and while Cape Verde did manage to equalize, that was enough for Nigeria to get over the finish line into the final knockout round.\n\nNigeria\'s advancement wasn\'t nearly as assured when they drew Ghana in the home-and-away elimination, another African mainstay that people had come to expect to see at World Cups. After a 0-0 deadlock in Ghana, both sides played more aggressively and scored one goal in the first third of the second leg. This gave Ghana the advantage on away goals, and they were more willin... Based 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:** ['Immutable Holdings Inc. Subsidiary Announces that over 10,000 Users Have Already Signed Up to Participate in its Whitelist, as Discord Channel Grows to over 20,000 Members\nVANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO:HOLD) (“Immutable Holdings” or the “Company”), a publicly-traded blockchain holding company, is pleased to report that the NFT.com Whitelist has been enthusiastically received by the Web3 community. In under a few weeks, over 10,000 users have signed up, growing the existing community channel on Discord to more than 21,000 members. The Whitelist will remain open into early April and provide users with the opportunity to be eligible to participate in the next phase of the NFT.com platform launch, its Genesis Keys Whitelisted Blind Auction and Public Sale.\nEarlier this month, the Company announced the beginnings of NFT.com, a Web3 Community-Governed Non-Fungible Token (“NFT”) ecosystem. NFT.com will make available Genesis Keys, a collection of 1 of 10,000 unique fully animated NFTs. As a Genesis Key owner, users will have first access to the platform and provide participation in its governance. Each key enables a holder to create two unique NFT.com profiles (e.g. NFT.com/hello), also represented as NFTs.\n“We have been inspired by the incredible stories and projects that have sprouted up in the Web3 ecosystem, yet we believe that the principles of Web3 are still missing from the NFT industry,” said Jordan Fried, Founder and CEO of Immutable Holdings. “We are creating the NFT hub that the community deserves — a community-governed ecosystem for the NFT industry, for the people, by the people.”\nThe Genesis Keys Whitelisted Blind Auction and Public Sale are anticipated to take place in April. For more information and to join the Whitelist, visitwww.nft.com. Also follow Twitter at@NFTcomofficialand Discord atwww.nft.com/discordfor regular updates.\nAbout Immutable Holdings Inc.\nImmutable Holdings Inc. (NEO:HOLD) is on a mission to democratize access to Web3 and blockchain-based products and services. Founded by Jordan Fried, a founding team member of the $11B Hedera Hashgraph network, Immutable Holdings already boasts tens of millions (USD) under management and a portfolio of businesses and brands built on the blockchain ecosystem: 1800Bitcoin.com, Central Bank Digital Currency (CBDC.com), HBAR Labs, Immutable Advisory, Immutable Asset Management and NFT.com. To learn more, visithttps://immutableholdings.com/.\nFor media inquiries and further information, contact:\[email protected]\nThis news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including with respect to the NFT.com and Genesis Key. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company’s control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include changes to applicable laws or the regulatory sphere in which the Company operates, general economic and capital markets conditions and stock market volatility. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.', 'Immutable Holdings Inc. Subsidiary Announces that over 10,000 Users Have Already Signed Up to Participate in its Whitelist, as Discord Channel Grows to over 20,000 Members VANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO:HOLD) (“ Immutable Holdings ” or the “ Company ”), a publicly-traded blockchain holding company, is pleased to report that the NFT.com Whitelist has been enthusiastically received by the Web3 community. In under a few weeks, over 10,000 users have signed up, growing the existing community channel on Discord to more than 21,000 members. The Whitelist will remain open into early April and provide users with the opportunity to be eligible to participate in the next phase of the NFT.com platform launch, its Genesis Keys Whitelisted Blind Auction and Public Sale. Earlier this month, the Company announced the beginnings of NFT.com, a Web3 Community-Governed Non-Fungible Token (“NFT”) ecosystem. NFT.com will make available Genesis Keys, a collection of 1 of 10,000 unique fully animated NFTs. As a Genesis Key owner, users will have first access to the platform and provide participation in its governance. Each key enables a holder to create two unique NFT.com profiles (e.g. NFT.com/hello), also represented as NFTs. “We have been inspired by the incredible stories and projects that have sprouted up in the Web3 ecosystem, yet we believe that the principles of Web3 are still missing from the NFT industry,” said Jordan Fried, Founder and CEO of Immutable Holdings. “We are creating the NFT hub that the community deserves — a community-governed ecosystem for the NFT industry, for the people, by the people.” The Genesis Keys Whitelisted Blind Auction and Public Sale are anticipated to take place in April. For more information and to join the Whitelist, visit www.nft.com . Also follow Twitter at @NFTcomofficial and Discord at www.nft.com/discord for regular updates. About Immutable Holdings Inc. Immutable Holdings Inc. (NEO:HOLD) is on a mission to democratize access to Web3 and blockchain-based products and services. Founded by Jordan Fried, a founding team member of the $11B Hedera Hashgraph network, Immutable Holdings already boasts tens of millions (USD) under management and a portfolio of businesses and brands built on the blockchain ecosystem: 1800Bitcoin.com, Central Bank Digital Currency (CBDC.com), HBAR Labs, Immutable Advisory, Immutable Asset Management and NFT.com. To learn more, visit https://immutableholdings.com/ . Story continues For media inquiries and further information, contact: [email protected] This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including with respect to the NFT.com and Genesis Key. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company’s control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include changes to applicable laws or the regulatory sphere in which the Company operates, general economic and capital markets conditions and stock market volatility. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.', 'Zilliqa is leading Thursday’s crypto market with an 80% charge over the last 24 hours, part of a 270% weekly pump since its metaverse-as-a-service platform Metapolis launch event was announced. See related article: Bitcoin, crypto market on the rise along with global markets Fast facts Metapolis will allow luxury brands and enterprises to create digital products and economies by leveraging blockchain applications such as non-fungible tokens (NFTs) , Zilliqa head of metaverse and NFT Sandra Helou told Forkast. Solana, a major contributor to the NFT ecosystem, also made headlines this week after OpenSea revealed network integration to its marketplace, as its cryptocurrency SOL jumped over 10% since the announcement. The price of SOL, Solana’s native cryptocurrency, retreated slightly coming into Asian business hours, however, and was trading at US$120.92 at press time, which is still its highest point since early February. Market leaders Bitcoin and Ethereum were both trading down less than 1% in the past 24 hours but have both posted double-digit gains over the past week. See related article: What are the risks of recreating reality in the metaverse?', 'Zilliqa is leading Thursday’s crypto market with an 80% charge over the last 24 hours, part of a 270% weekly pump since its metaverse-as-a-service platform Metapolis launch event was announced.See related article:Bitcoin, crypto market on the rise along with global markets\n• Metapolis will allowluxury brands and enterprisesto create digital products and economies by leveraging blockchain applications such asnon-fungible tokens (NFTs), Zilliqa head of metaverse and NFT Sandra Helou toldForkast.\n• Solana, a major contributor to the NFT ecosystem, also made headlines this week after OpenSea revealed network integration to its **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: 2022-03-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $894,775,972,969 - Hash Rate: 194247387.85170585 - Transaction Count: 279210.0 - Unique Addresses: 711182.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Sam Boughedda Investing.com -- Coinbase Global Inc (NASDAQ:COIN) shares are gaining Tuesday, up over 5% on the back of Bitcoin gaining ground and the announcement of its global scalability plans. Bitcoin is up 4%, climbing back above $44,000 after opening up the day at around the $42,500 mark. Coinbase shares, much like many other cryptocurrency-related stocks, are closely tied to the Bitcoin price. Meanwhile, in a blog post, the company revealed plans about its global expansion, saying it "will adopt a go broad and go deep approach." The post, by Nana Murugesan, VP of International and Business Development at Coinbase, said the company, as part of its "go broad" plan, will "launch foundational products that are a gateway to Web3 and crypto in every country." Furthermore, the company will launch localized infrastructure and public-facing products with a full suite of services. As a result, Coinbase is kicking off a hiring spree with plans to hire experienced regional and country leaders globally. On Monday, the company said it will be adding up to 2,000 employees across its product, engineering, and design teams in 2022. "We are now kicking off an extensive global expansion strategy, with hiring and investment plans to enter these markets which will ultimately allow Coinbase to serve customers more locally," said Murugesan. "Going global is complicated and this is compounded by rapidly evolving regulatory international frameworks for crypto. Our approach globally will be consistent with our approach in the United States: we will work with governments and regulators in different markets, and will always aim to be the most trusted and compliant crypto company in any market," he added. Related Articles Coinbase Up On Bitcoin Rise and Global Plans U.S. to inspect new 787 Dreamliners, says Boeing cannot self-certify Italy's BPER to present new plan after Carige deal closes - CEO... - 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:** ['• Nio(NIO)stock is trading at tantalizingly discounted levels\n• The company has ambitious delivery targets and new vehicles launching in 2022\n• Several external factors may limit growth in the next several quarters\nSource: Carrie Fereday / Shutterstock.com\nNio(NYSE:NIO) looks very attractive at 60% below its 52-week high. But this is one time when appearances may be a little deceiving. Because while Nio looks to be a good stock for the long haul, it may still have some choppiness in the short term.\nInvestors are looking for undervalued stocks wherever they can find them. And they’re also looking for reasons to buy some of the high growth stocks of the past year at a steep discount. Nio looks like the latter. And yet, with supply chain issues still in place, there is a possibility that the company may miss on delivery estimates in the next two quarters. That makes NIO stock a buy only for long-term investors at this time.\nGuidance is the watch word this earnings season. And so it was that NIO stock dropped largely after earnings because it’sguidance for revenue and deliverywas lower than analysts expected.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nHowever, that’s been the same story for many companies this earnings season. And since the post earnings dip, Nio has recovered nearly all those losses as of this writing.\n[]\nNio has ambitious expansion plans in 2022. These plans includethree new modelsas well as expanding into several countries in Europe.\n• 7 Blue-Chip Stocks With Dividends to Add to Your Buy List\nOn the product front, Nio just starteddelivering its ET7 sedan. It began taking orders for its midsize sedan, the ET5 in December and is forecasting deliveries to begin in September. Nio is also expecting to start delivering the company’s first SUV, the ES7 in the third quarter. However, that model has yet to be unveiled.\nNio is also planning to expand intoGermany, Denmark, Sweden and the Netherlands. Europe is the number one market of battery-powered EV vehicles so it makes sense for this to be the first market for Nio to expand into outside of its home country.\nNio is headquartered in Shanghai. And as investors are aware, that city was in the most extensive lockdown in two years. To be clear, Nio does not have manufacturing facilities in Shanghai. It’s primary manufacturing facility in China is in the city of Hefei. However, the lockdown is a stark reminder that companies, particularly those operating in China with its Covid-19 zero policy, may not be through dealing with Covid-related delays.\nAnd the company is still likely to be dealing with supply chain delays thatcould(emphasis mine) cause production delays. On the company’s earnings call, management felt confident in the company’s current supplier arrangements for both batteries and semiconductor chips.\nHowever, Tim Hsiao, an analyst atMorgan Stanley(NYSE:MS) was not as confident. In lowering his price target forNIO stock from $66 to $34, the analyst cited supply chain disruption and geopolitical conflict among other factors.\nIn summary, there are many reasons to be optimistic that NIO stock may be getting ready to launch off its current base. The company has some ambitious delivery targets. If they hit them, NIO stock could jump significantly.\nBut it won’t take much to disappoint investors. Nio is not expected to be profitable until late in 2023 at the earliest and although the company was free cash flow positive at the end of 2021, it went back to the negative in the latest quarter. Nevertheless, it could be the time for investors to take a small position or add to their position in the EV company.\nWith that said, I don’t believe we’ll see NIO stock back at its all-time high anytime soon. Analysts have a consensusprice target of $50.28which would be a 135% gain for the stock. Yet, that would still be about 10% shy of is all-time high.\nOn the date of publication, ChrisMarkochdid not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\n• Get in Now on Tiny $3 ‘Forever Battery’ Stock\n• It doesn’t matter if you have $500 in savings or $5 million. Do this now.\n• Stock Prodigy Who Found NIO at $2… Says Buy THIS\n• Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air”\nThe postNio is Showing Investors Why Two Contrary Things Can be Trueappeared first onInvestorPlace.', 'Nio ( NIO ) stock is trading at tantalizingly discounted levels The company has ambitious delivery targets and new vehicles launching in 2022 Several external factors may limit growth in the next several quarters nio stock Source: Carrie Fereday / Shutterstock.com Nio (NYSE: NIO ) looks very attractive at 60% below its 52-week high. But this is one time when appearances may be a little deceiving. Because while Nio looks to be a good stock for the long haul, it may still have some choppiness in the short term. Investors are looking for undervalued stocks wherever they can find them. And they’re also looking for reasons to buy some of the high growth stocks of the past year at a steep discount. Nio looks like the latter. And yet, with supply chain issues still in place, there is a possibility that the company may miss on delivery estimates in the next two quarters. That makes NIO stock a buy only for long-term investors at this time. Guidance is the watch word this earnings season. And so it was that NIO stock dropped largely after earnings because it’s guidance for revenue and delivery was lower than analysts expected. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, that’s been the same story for many companies this earnings season. And since the post earnings dip, Nio has recovered nearly all those losses as of this writing. NIO Nio $20.98 Executing the Plan Will Be the Key Nio has ambitious expansion plans in 2022. These plans include three new models as well as expanding into several countries in Europe. 7 Blue-Chip Stocks With Dividends to Add to Your Buy List On the product front, Nio just started delivering its ET7 sedan . It began taking orders for its midsize sedan, the ET5 in December and is forecasting deliveries to begin in September. Nio is also expecting to start delivering the company’s first SUV, the ES7 in the third quarter. However, that model has yet to be unveiled. Nio is also planning to expand into Germany, Denmark, Sweden and the Netherlands . Europe is the number one market of battery-powered EV vehicles so it makes sense for this to be the first market for Nio to expand into outside of its home country. Story continues Headwinds May be Present Nio is headquartered in Shanghai . And as investors are aware, that city was in the most extensive lockdown in two years. To be clear, Nio does not have manufacturing facilities in Shanghai. It’s primary manufacturing facility in China is in the city of Hefei. However, the lockdown is a stark reminder that companies, particularly those operating in China with its Covid-19 zero policy, may not be through dealing with Covid-related delays. And the company is still likely to be dealing with supply chain delays that could (emphasis mine) cause production delays. On the company’s earnings call, management felt confident in the company’s current supplier arrangements for both batteries and semiconductor chips. However, Tim Hsiao, an analyst at Morgan Stanley (NYSE: MS ) was not as confident. In lowering his price target for NIO stock from $66 to $34 , the analyst cited supply chain disruption and geopolitical conflict among other factors. With NIO Stock Two Things Can Be True In summary, there are many reasons to be optimistic that NIO stock may be getting ready to launch off its current base. The company has some ambitious delivery targets. If they hit them, NIO stock could jump significantly. But it won’t take much to disappoint investors. Nio is not expected to be profitable until late in 2023 at the earliest and although the company was free cash flow positive at the end of 2021, it went back to the negative in the latest quarter. Nevertheless, it could be the time for investors to take a small position or add to their position in the EV company. With that said, I don’t believe we’ll see NIO stock back at its all-time high anytime soon. Analysts have a consensus price target of $50.28 which would be a 135% gain for the stock. Yet, that would still be about 10% shy of is all-time high. On the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 ‘Forever Battery’ Stock It doesn’t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post Nio is Showing Investors Why Two Contrary Things Can be True appeared first on InvestorPlace .', 'Don\'t miss CoinDesk\'s Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. U.S. Sen. Elizabeth Warren (D-Mass.) says it\'s time for the U.S. to create its own central bank digital currency (CBDC). Warren spoke with NBC\'s Chuck Todd on "Meet the Press Reports," scheduled to air at 10:30 p.m. ET on Thursday. NBCUniversal shared a partial transcript of the conversation with CoinDesk. "So a lot that banks do wrong, if you think, \'We could improve that in a digital world,\' the answer is, \'Sure you could.\' But in that case, let\'s do a central bank digital currency," Warren told Todd. "Yes, I think it\'s time for us to move in that direction." Responding to Todd\'s question on whether bitcoin (BTC) will face at minimum b **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-04-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $861,296,667,000 - Hash Rate: 200371606.2846765 - Transaction Count: 284105.0 - Unique Addresses: 738464.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Sam Boughedda Investing.com -- Riot Blockchain Inc (NASDAQ:RIOT) saw its shares rise 8% on Thursday after the company announced its full-year earnings. The bitcoin mining company reported revenue growth of 1,665% to $213.2 million compared to 2020. However, it still reported a net loss of $7.9 million in 2021. Total mining revenue in 2021 was $184.4 million compared to $12 million in 2020. The company increased its hashing capacity by 444% to 3.1 EH/s and increased the amount of bitcoin held on its balance sheet to 4,884 BTC. Riot said 2022 will be "a year of consolidation in the Bitcoin mining industry," and they believe that, given their relative position in the competitive landscape, the company is "likely positioned to benefit from this consolidation." "We are pleased to report that 2021 was a record financial year for the Company," said Jason Les, CEO of Riot. "2021 was also a transformative year, with the Company emerging as a vertically-integrated industry leader in Bitcoin mining." Despite rising on Thursday, Riot's stock is down 20% in 2022. Related Articles Riot Blockchain Stock Gains 8% After Reporting Results U.S. taps GM, Oracle, airline CEOs for Homeland Security advisory panel Amazon.com closes deal to buy MGM movie studio... - Reddit Posts (Sample): [['u/ThisWeegInCollapse', 'THIS WEEG IN COLLAPSE (MARCH 2022 - WEEG 5)', 58, '2022-04-01 02:09', 'https://www.reddit.com/r/collapse/comments/ttdhyt/this_weeg_in_collapse_march_2022_weeg_5/', "Welcome to This Weeg in r/collapse, the series where I collect some of the most entertaining news/comments/interactions that took place in the sub this week. [(previous recap here)](https://www.reddit.com/r/collapse/comments/tn9pzl/this_weeg_in_rcollapse_march_2022_weeg_4/)\n\nThings have been heating up in more ways than one in the subreddit this week. In a confusing turn of events, Exxon has been mining bitcoin in North Dakota as part of its plan to slash emissions. Now you may be confused as to how this works, fortunately oil expert u/IamAdogRooRoo offered the following [explanation](https://www.reddit.com/r/collapse/comments/tpn2rk/exxon_is_mining_bitcoin_in_north_dakota_as_part/i2c0p19/?context=3):\n\n>This is what the oil wants. It's literally all about heat. Gotta make that heat. Get it hot. Everybody likes it when it's hot. \n> \n>so sexy. so sweaty. so hot.\n\nPreliminary results show that everything is going according to plan. u/EscortByNight said she would [masturbate to the image of Jeff Bezos slowly suffocating](https://www.reddit.com/r/collapse/comments/tpwbx2/giant_solar_storm_to_his_earth_freakish_sunspot/i2dqjel/?context=3) in his rocket due to a solar storm. u/Vegetaman916 [finished before the circlejerking could even start](https://www.reddit.com/r/collapse/comments/tpwbx2/giant_solar_storm_to_his_earth_freakish_sunspot/i2dvfcx/?context=3). Some may view this as selfish but there is nuance to the situation, Vegetaman lives in the American southwest so he must live his life to the fullest before the region [dries up and blows away](https://www.reddit.com/r/collapse/comments/tqxrqf/more_homeowners_are_turning_to_greywater_systems/i2k1afh/?context=3).\n\nWe can’t get too carried away though, a solar storm means we need to protect the things that are important to us, especially if they allow us to circlejerk to dead billionaires. u/huge_eyes prepared for the coming storm by [lining her panties in foil](https://www.reddit.com/r/collapse/comments/trjvuh/dual_coronal_mass_ejections_due_to_strike_earth/i2m7w80/?context=3). I’m sure the World Health Organization would recommend this as a sensible safety measure, if they do ever decide to weigh in on those sorts of things. I for one will be following this advice for all future solar storms.\n\nThings are heating up in the temperature sense as well. The chief investor of the California State Teachers Retirement System claimed that [we are going to fry the planet](https://www.reddit.com/r/collapse/comments/tos8ct/were_going_to_fry_the_planet_chief_investment/). Not every country is pulling its weight on the path to make the planet tasty, but Saudi Arabia certainly is. After an explosion at an Aramco facility in Saudi Arabia filled the sky with [clouds of black smoke](https://www.reddit.com/r/collapse/comments/tohk43/big_black_smoke_due_to_aramco_oil_facility/), climatologist u/CreatedSole estimated that this would move the climate change timeline up by approximately [100 kabillion years](https://www.reddit.com/r/collapse/comments/tohk43/big_black_smoke_due_to_aramco_oil_facility/i2684co/?context=3), ultimately resulting in venus syndrome initiating on Monday.\n\n[\\[next post here\\]](https://www.reddit.com/r/collapse/comments/tyqm5u/this_weeg_in_collapse_april_2022_weeg_1/)", 'https://www.reddit.com/r/collapse/comments/ttdhyt/this_weeg_in_collapse_march_2022_weeg_5/', 'ttdhyt', [['u/ThisWeegInCollapse', 21, '2022-04-01 02:11', 'https://www.reddit.com/r/collapse/comments/ttdhyt/this_weeg_in_collapse_march_2022_weeg_5/i2x40hh/', 'Submissive Statement:\n\n\rFor the final weeg of each month the title will be in all caps to symbolize and celebrate our ever-advancing march towards the end. Also how do y’all think weeg is pronounced? Is the g like the g in gif or the g in gif? or perhaps it should be pronounced weegee like [this shape thing](https://numberfanagram.fandom.com/wiki/Weeg)?', 'ttdhyt'], ['u/evelynnross', 16, '2022-04-01 20:47', 'https://www.reddit.com/r/collapse/comments/ttdhyt/this_weeg_in_collapse_march_2022_weeg_5/i30mpft/', "I've been looking forward to this all weeg (pronounced like the g in gif).", 'ttdhyt']]], ['u/BigLongFootDoctor', 'Anyone relatively unphased by the current market conditions?', 59, '2022-04-01 02:55', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/', "Seeing a lot of posts and comments this past while just flat out demoralizing and hopeless. I remember feeling like this when buying meme coins and checking phone every few minutes. \n\nThe reality is mental health is important too. Buying or DCA'ing into just BTC/ETH has given such peace of mind, regardless of what's happening now. Is there anyone else who's gone from stressful relationship with crypto to being unphased? \n\nThe hoping to get rich scemes for many of us which don't pan out for the vast many of us, turn to lessons to take it slow. Suddenly, it's become so much easier not sacrificing sleep over turbulent short-term market movements. Zooming out, the big picture really is a lot more clear and peaceful!", 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/', 'ttecvj', [['u/Lazysailor83', 10, '2022-04-01 03:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/i2xbgsd/', "Don't care, steady stackin dips and looking 10+ years into the future <3", 'ttecvj'], ['u/ipetgoat1984', 26, '2022-04-01 03:09', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/i2xbtu9/', 'I get more excited about dips than pumps these days. These chances to accumulate won’t be around for long.', 'ttecvj'], ['u/Wonzky', 10, '2022-04-01 03:14', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/i2xcg56/', 'I just love watching the polarity of this sub. Insane hopium when we trend up and utter silence after a small dip', 'ttecvj'], ['u/FinishGloomy', 38, '2022-04-01 03:15', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/i2xcjua/', 'Hodl long enough and you’ll forget that there’s a sell button', 'ttecvj'], ['u/fan_of_hakiksexydays', 20, '2022-04-01 03:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/i2xel5z/', "Crypto is doing what crypto has always done. \n\nTraders and investor keep repeating the same mistakes, whales keep playing the same games.\n\nIt's still the same coefficient of volatility.\n\nIt's still the same algo and same tokenomics moving the long term cycles.\n\nThe only thing that surprises me is people still getting surprised.", 'ttecvj'], ['u/WaycoKid1129', 11, '2022-04-01 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/ttecvj/anyone_relatively_unphased_by_the_current_market/i2xfhu7/', 'A what button?', 'ttecvj']]], ['u/i_have_chosen_a_name', '[Original Research] 94 percent of all BCH transacted since July 2020 is now a descendant of a CashFusion transaction', 65, '2022-04-01 03:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ttf11g/original_research_94_percent_of_all_bch/', 'Over the last several months, there has been a general crackdown on cryptocurrency user privacy. Today\'s vote on [stronger Know-Your-Customer (KYC) requirements](https://blog.coinbase.com/making-your-voice-heard-ahead-of-thursdays-critical-eu-vote-f03730e83e5c) in the EU is the latest example. For coins with a transparent ledger like BCH, the crackdown has [raised](https://np.reddit.com/r/btc/comments/sztwd2/bitcoins_fungibility_graveyard_are_bch_and_cash/) [fears](https://np.reddit.com/r/btc/comments/sljvil/comment/hvsga8l/) that regulations could in effect split BCH into "compliant" and "non-compliant" sets of coins.\n\n​\n\nhttps://preview.redd.it/glazn214nqq81.png?width=1869&format=png&auto=webp&s=292af4bfefcb6da17f99caa93a8d97a602626056\n\nCoinJoin protocols like CashFusion have been used to maintain privacy on transparent ledgers for years, but centralized exchanges are increasingly rejecting BTC that has been recently CoinJoined. I am aware of no credible reports of CashFusioned BCH being rejected from exchanges, but the question lingered in my mind: ***If exchanges wanted to completely avoid dealing with BCH that had ever passed through a CashFusion transaction, would they be able to?***\n\nAfter deploying graph analysis on the BCH blockchain from July 2020 to December 2021 I can answer that: ***No, not as a practical matter***.\n\n***94 percent of the value of the BCH unspent transaction output (UTXO) set created between July 29, 2020 and December 23, 2021 (corresponding to block heights 646085 and 719602) is a direct or indirect descendant of a CashFusion transaction.*** This represents 10 million of the 19 million BCH that currently exist.\n\n## What is a CashFusion Descendant in the UTXO Set?\n\nA transaction that spends the coins (i.e. outputs) of a previous transaction is a child transaction. And, in turn, a transaction that spends the child transaction\'s coins is the grandchild of the original transaction. If the outputs of a transaction can be traced backward in time to a particular transaction through a series of parent-child relationships, then that transaction is said to be a descendant of that earlier transaction.\n\nThe UTXO set is all of the outputs that have not yet been spent. In other words, the UTXO set is the grand total of all coins that BCH owners possess in their wallets, available for them to spend.\n\nThe figure below illustrates these concepts, using a fictional transaction [graph](https://en.wikipedia.org/wiki/Graph_(discrete_mathemat... Based 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:** ["HBO On Sept. 18, 1977, Hazen, Arkansas\x92s Gary Betzner took a daytime drive with his wife and daughter in his El Camino to a dairy bar. Afterwards, he stopped on a bridge due to car trouble, opened the hood to check on the problem, and then suddenly and inexplicably dove into the White River. This sent his wife Sally into hysterics, and cast an immediate and terrible pall over his family, which\x97like everyone else in their small, rural southern town\x97was plagued by a single, persistent question: why ? [ Spoilers follow ] For an answer to that query, directors Phil Lott and Ari Mark (and executive producer Adam McKay ) turn to the one person who can best shed light on this seemingly tragic event: Gary himself, who winds up being not only the subject of their three-part HBO docuseries The Invisible Pilot (April 4), but its primary narrator. Sitting for extended chats in the present as well as at regular intervals over the past decade (via older footage shot by Craig Hodges, a friend of Gary\x92s son Travis), Gary proves a resurrected ghost at the outset of this latest true-crime affair. The fact that he didn\x92t commit suicide back in 1977, however, is only the first of many bombshells delivered by Lott and Mark\x92s venture, which begins with a bang before petering out once it trades entertainingly wacko criminality for sober political intrigue. The Mysterious \x91Crypto King\x92 Who Stole $215M in Bitcoin and Wound Up Dead Gary rose to local renown as an ace crop duster with unparalleled piloting skills; he was a daredevil who couldn\x92t resist performing flips, flying under bridges, and skimming his craft\x92s tires along the water. Sally met Gary on July 20, 1969, the night of the moon landing , and she describes it as a universe-shaking moment\x97a notion visualized by Lott and Mark through amusingly edited clips of the astronauts\x92 outer-space feat. Gary already had a wife, but once his daughter Polly was born, he got a divorce and married Sally, with whom he had two more children, Travis and Sara Lee. He established\x97and then sold\x97the Betzner Flying Service, moving his clan to Alaska for a pipeline opportunity that didn\x92t pan out. With few prospects and even less cash, Gary turned to another source of income: using his planes to smuggle marijuana . Story continues Gary Betzner with his family in 1974 HBO A subsequent bout of painful gout led Gary to an unlikely cure: cocaine, a narcotic that he admits was used both to alleviate his ailment and for recreational purposes. When he was busted in a giant 1977 Miami DEA sting, though, Gary faced 20 years behind bars. Rather than do that stint, he decided to stage his death and go on the run. To guarantee that this ruse went according to plan, he and Sally took a three-month self-hypnosis course in order to program Sally into believing the lie that Gary was really dead. Somehow, this insanity worked and Gary successfully went on the lam, during which time he became a drug-advocating hippie named Lucas Noel Harmony who saw nothing wrong with either consuming or transporting illegal substances. Before long, he was revealing his still-breathing existence to a stunned Travis and Sara Lee in Hawaii (where they all lived as nudists), and he eventually found himself employed as a smuggler for George Morales, a Miami speedboat racer with deep ties to Pablo Escobar\x92s Medellín Cartel in Colombia. If Morales sounds familiar to true-crime aficionados, that\x92s because he was prominently featured in Billy Corben\x92s Cocaine Cowboys: The Kings of Miami , a similar tale of bold criminals living the high life while evading the law. Yet what begins as a crazy saga about an outlaw flipping the bird to authorities \x96 both figuratively and, on more than one occasion, literally \x96 soon takes a drastic turn once Gary starts flying cocaine for his Colombian bosses, and then military cargo for individuals directly linked to the CIA. It\x92s at that point that The Invisible Pilot becomes not merely a stand-alone story about defiant wrongdoing, but a piece of the Iran-Contra puzzle, since Gary was now transporting guns to the Contras, and returning to U.S. shores with kilos of cocaine sought by U.S. government officials. A lengthy prison sentence and cooperation with John Kerry\x92s subcommittee investigation into Ronald Reagan\x92s Iran-Contra scandal ensued, although The Invisible Pilot can\x92t make any of this later action hum with electricity; despite first-person accounts from Gary, interviews with various other pertinent individuals, and considerable archival footage, the docuseries loses its momentum the more it shifts its gaze from Gary\x92s outrageous conduct to the president\x92s headline-making mess. Gary gets almost wholly lost in the shuffle for a stretch of the third and final episode, and that does much to sabotage the energy of the entire production. Similarly unfulfilling are those passages concerning Travis, Sara Lee and Polly, whose mixed-up emotions about their dad\x97a combination of anger, resentment, and love\x97never come into sharp focus, no matter their candid commentary about the ups and downs of living with a fugitive father. The biggest drawback to The Invisible Pilot , however, is that it never knows how to view Gary. Lott and Mark are neither interested in reveling in his exploits nor in casting a critical eye at his selfish behavior and rebellious ethos; instead, the proceedings exude a tepid empathy toward him. Unfortunately, Gary himself does much to frustrate any compassionate consideration of his plight, what with him touting drugs as a means of magical liberation, smuggling as \x93a holy thing\x94 and \x93a service to mankind,\x94 and the murderous Escobar as \x93a legend, and rightly so. I would hope that his praises, not only as a smuggler but as a human being, would be sung.\x94 Far from simply a go-with-the-flow counterculture rabble-rouser who thought everyone should be allowed to smoke some weed, Gary proves a narcissist full of hollow and amoral self-justifications. Thus, by the time Gary gets around to railing against his unjust treatment at the hands of the CIA\x97who used him for their operation and then left him to rot in jail\x97any minor wellspring of sympathy has long since run dry. Whereas a shrewder docuseries might have had a more acute point of view about Gary, what emerges here is a mixture of astonishment and admiration that comes across as largely unjustified. Read more at The Daily Beast. Get the Daily Beast's biggest scoops and scandals delivered right to your inbox. Sign up now. Stay informed and gain unlimited access to the Daily Beast's unmatched reporting. Subscribe now.", "HBO On Sept. 18, 1977, Hazen, Arkansas\x92s Gary Betzner took a daytime drive with his wife and daughter in his El Camino to a dairy bar. Afterwards, he stopped on a bridge due to car trouble, opened the hood to check on the problem, and then suddenly and inexplicably dove into the White River. This sent his wife Sally into hysterics, and cast an immediate and terrible pall over his family, which\x97like everyone else in their small, rural southern town\x97was plagued by a single, persistent question: why ? [ Spoilers follow ] For an answer to that query, directors Phil Lott and Ari Mark (and executive producer Adam McKay ) turn to the one person who can best shed light on this seemingly tragic event: Gary himself, who winds up being not only the subject of their three-part HBO docuseries The Invisible Pilot (April 4), but its primary narrator. Sitting for extended chats in the present as well as at regular intervals over the past decade (via older footage shot by Craig Hodges, a friend of Gary\x92s son Travis), Gary proves a resurrected ghost at the outset of this latest true-crime affair. The fact that he didn\x92t commit suicide back in 1977, however, is only the first of many bombshells delivered by Lott and Mark\x92s venture, which begins with a bang before petering out once it trades entertainingly wacko criminality for sober political intrigue. The Mysterious \x91Crypto King\x92 Who Stole $215M in Bitcoin and Wound Up Dead Gary rose to local renown as an ace crop duster with unparalleled piloting skills; he was a daredevil who couldn\x92t resist performing flips, flying under bridges, and skimming his craft\x92s tires along the water. Sally met Gary on July 20, 1969, the night of the moon landing , and she describes it as a universe-shaking moment\x97a notion visualized by Lott and Mark through amusingly edited clips of the astronauts\x92 outer-space feat. Gary already had a wife, but once his daughter Polly was born, he got a divorce and married Sally, with whom he had two more children, Travis and Sara Lee. He established\x97and then sold\x97the Betzner Flying Service, moving his clan to Alaska for a pipeline opportunity that didn\x92t pan out. With few prospects and even less cash, Gary turned to another source of income: using his planes to smuggle marijuana . Story continues Gary Betzner with his family in 1974 HBO A subsequent bout of painful gout led Gary to an unlikely cure: cocaine, a narcotic that he admits was used both to alleviate his ailment and for recreational purposes. When he was busted in a giant 1977 Miami DEA sting, though, Gary faced 20 years behind bars. Rather than do that stint, he decided to stage his death and go on the run. To guarantee that this ruse went according to plan, he and Sally took a three-month self-hypnosis course in order to program Sally into believing the lie that Gary was really dead. Somehow, this insanity worked and Gary successfully went on the lam, during which time he became a drug-advocating hippie named Lucas Noel Harmony who saw nothing wrong with either consuming or transporting illegal substances. Before long, he was revealing his still-breathing existence to a stunned Travis and Sara Lee in Hawaii (where they all lived as nudists), and he eventually found himself **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: 2022-04-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $886,165,193,981 - Hash Rate: 191845154.95341367 - Transaction Count: 254442.0 - Unique Addresses: 660755.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Among the key highlights of investing in 2021 was the surge in penny stocks and speculative stocks. Multi-fold returns came at the blink of an eye. However, 2022 is likely to be different. With the potential interest rate hike, there will be relative tightening of liquidity. This does not imply that the markets are positioned for a big correction. As the pandemic shifts to an endemic, there are hopes of accelerated GDP growth. To some extent, this will offset the fears related to liquidity tightening. At the same time, it would be unrealistic to expect a repeat performance of 2021 from penny stocks. Investors will need to tone down their expectations. However, there are no lack of attractive opportunities. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Even if penny stocks are unlikely to deliver multi-fold returns, there are stories that can double. Even a 50% to 100% return on penny and speculative stocks over a 12-month period would be more than desirable. • 7 Stocks to Buy as the Market Shakes Off Omicron Fears Let’s look at seven penny stocks that can double in the next 6-12 months. • Borr Drilling(NYSE:BORR) • Hive Blockchain(NASDAQ:HIVE) • Uranium Energy(NYSEAMERICAN:UEC) • Sundial Growers(NASDAQ:SNDL) • Transocean(NYSE:RIG) • Skillz(NYSE:SKLZ) • Kinross Gold(NYSE:KGC) Source: Shutterstock With Brent oil trading above $80 per barrel, I expect some action in oil and gas penny stocks. BORR stock has trended higher by 47% in the last six-months. However, further upside is likely with positive news flow. As an overview, Borr Drilling is an offshore drilling contractor. As of Q3, 2021, Borr had28 rigs, with 17 contracted and six available for contracting. Additionally, the company had five rigs under construction. It’s worth noting that for Q1, 2021, the company reported negative EBITDA. However, EBITDA has accelerated significantly in the last two quarters. The reason is higher utilization coupled with improvement in day-rates. With oil remaining firm, it’s likely that the idle rigs will be contracted. This provides EBITDA upside visibility. Further, all jack-ups under construction are due for delivery in 2023. As market conditions continue to improve, the new rigs are likely to be contracted. Recently, Borr Drilling also entered into an agreement with creditors forextension of yard debt maturitiesfrom 2023 to 2025. This will further ease the balance sheet stress for the company. Overall, BORR stock seems poised for a meaningful rally in 2022. The company has a fleet of modern rigs and, as industry conditions improve, the growth outlook is robust. Source: Shutterstock HIVE stock had touched highs of $5.75 in November 2021. However, with a meaningful correction inBitcoin(CCC:BTC-USD), the stock has slipped to current levels of $2. I would not be surprised if the stock re-tests previous highs once Bitcoin moves higher again. As an overview, Hive Blockchain is a diversified mining company. Besides Bitcoin, the company is also into the mining ofEthereum(CCC:ETH-USD). Like most other miners, Hive has aggressively expanded its mining capacity, which has boosted revenue growth. Strong growth is likely to sustain through 2022 with further growth in hash rate. An important point to note is that Hive has been aggressive on the diversification front. With cash flow from mining, the company has been making strategic investments. As an example, the companyreported a strategic investmentinNetwork Media Group(OTCMKTS:NETWF). This will give Hive exposure to the NFT business. Previously, the company has made investment in the decentralized finance space. • 7 REITs With Major Upside Potential in 2022 Goldman Sachs(NYSE:GS) predicted at the beginning of 2022 that Bitcoin islikely to touch $100,000 in the next five years. If this view holds true, it’s just the beginning of growth for Hive Blockchain. Source: shutterstock.com/RHJPhtotoandilustration With focus on renewable energy sources or relatively cleaner energy sources, I am bullish on UEC stock. The International Atomic Energy Agency believes that nuclear energycapacity to double to 792 gigawatts (net electrical)by 2030. This would imply steady growth in demand for uranium. It’s worth noting that uranium price has been in a gradual uptrend. As an overview, Uranium Energy is involved in the extraction and processing of uranium and titanium. The company claims to be production ready with the acquisition of Uranium One Americas in November 2021. Currently, the company has 4.1 million lbs of uranium that’s warehoused. Additionally, the company is holding 118,000 acres in Wyoming’suranium producing Power River and Great Divide Basins. With a strong resource base, valuations are likely to adjust on the upside. It’s also worth noting that the company has $120 million in cash and equivalents. There is ample financial flexibility for strategic investments and developing the asset. After surging to highs of $5.49 in November 2021, UEC stock has corrected to current levels of $2.61. This looks like a good opportunity to accumulate before another rally. With the company being production ready, revenue growth will be the catalyst for upside. Source: Postmodern Studio / Shutterstock.com Among penny stocks that trade below $1, SNDL stock looks interesting and is likely to double in the next 12-months. Cannabis stocks have been in a sell-off mode after President Joe Biden’s election-driven rally. However, it seems that most stocks in the sector are trading at attractive levels and the selling is overdone. For Sundial Growers, there are several possible catalysts. The company’s investment division generated income in excess of $20 million in 2021. With a$571 million cash bufferto be deployed in various investment opportunities, the segment can be a long-term cash flow provider. Additionally, Sundial has its own brands and with the company expanding retail presence in Canada, there is potential for growth. It’s also worth noting that Sundial has exclusively focused on Canada for growth. Once cannabis is legalized at the federal level in the United States, there is likely to be bigger growth opportunities. • 7 Best Robinhood Stocks to Buy on the Dip Overall, Sundial might be a penny stock. However, the company seems to be making the right investment and acquisition decisions. Once EBITDA growth gains traction, returns can be multi-fold. Source: Shutterstock.com From the oil and gas sector, RIG stock is another name to consider. After being sideways for 12-months, it seems that the stock is on the verge of a break-out. With Brent oil trending higher, Transocean is positioned for further improvement in the order backlog. As an overview, Transocean has a fleet of 39 floaters. The company’s fleet is 100% focused on ultra deep-water and harsh environment. As of December 2021, Transoceanreported an order backlog of $7.1 billion. The backlog provides medium-term revenue and cash flow visibility. With a modern fleet, the company’s rig utilization is likely to remain robust considering the current oil price trend. From a financial perspective, the company has a total liquidity buffer of $2.7 billion. This is likely to support the investment requirements for the next 12-24 months. Another point to note is that the company’s EBITDA margin has witnessed improvement in the recent past. With higher day-rates, it’s likely that margin will continue to improve. This will help in deleveraging the balance sheet. Source: Dennis Diatel / Shutterstock.com I personally didn’t expect that SKLZ stock would be among the penny stocks. However, after a massive correction of 91% from highs, I am willing to consider some contrarian bet on the stock. It’s also worth noting that business developments have been positive in the recent past. In January 2022, Skillz announced that the company haslaunched in India. The mobile gaming market in the country is expected to be worth $5 billion by 2025. It’s likely that this launch will help in supporting monthly active user growth in the coming quarters. Further, Skillz has a healthy balance sheet. As of Q3, 2021, the company reportedcash and equivalents of $540.3 million. Additionally, the companyraised $300 millionfrom a senior note offering in December 2021. The financial flexibility allows the company to make strategic investments. As an example, the company invested inExit Gamesin Q3, 2021. This investment will help in supporting multiplayer synchronous racing, shooting and fighting games. Skillz has also made significant investment in marketing and sales. This has still not shown the desired impact from the perspective of user growth. However, with geographical expansion, investments are likely to deliver results. • 7 Lesser-Known Retail Stocks to Check Out Now Therefore, I would be cautiously optimistic on SKLZ stock. If there are a few positive indicators from the upcoming results, a sharp reversal rally is likely. Source: T. Schneider / Shutterstock.com Even with the rate hike factor, gold has remained firm around $1,800 an ounce. It’s unlikely that gold will witness any meaningful correction considering the inflation factor. KGC stock is among the attractive gold mining stocks to consider. The stock trades at a forward price-to-earnings-ratio of 8.75 and also offers investors an attractive dividend yield of 2.2%. Another reason to like Kinross Gold is the production upside visibility. For 2021, the company reported production of 2.1 million oz. For the current year, production is expected toincrease to 2.7 million oz.and further to 2.9 million oz. in 2023. Even if gold price remains stable, the company has revenue and cash flow upside visibility. It’s also worth noting that as of September 2021, Kinross reported a total liquidity buffer of $2.1 billion. Recently, the companyannounced the acquisitionofGreat Bear Resources(OTCMKTS:GTBAF) for a consideration of $1.4 billion. Acquisition can further boost the company’s production outlook for the next few year... - Reddit Posts (Sample): [['u/DesmondNav', 'Did you guys realize Banano has the biggest representation on r/place of all cryptos', 168, '2022-04-02 00:03', 'https://www.reddit.com/r/banano/comments/tu2v82/did_you_guys_realize_banano_has_the_biggest/', 'Even bigger than the Bitcoin area. I’m so proud of all you autistic monkeys', 'https://www.reddit.com/r/banano/comments/tu2v82/did_you_guys_realize_banano_has_the_biggest/', 'tu2v82', [['u/Sufficient_Tooth_949', 39, '2022-04-02 00:10', 'https://www.reddit.com/r/banano/comments/tu2v82/did_you_guys_realize_banano_has_the_biggest/i31fb3r/', "Yep surprised Bitcoin or r/cryptocurrency didn't come out stronger, I've been defending bananos place on the map all day", 'tu2v82'], ['u/aris05', 17, '2022-04-02 00:22', 'https://www.reddit.com/r/banano/comments/tu2v82/did_you_guys_realize_banano_has_the_biggest/i31gt1i/', 'As much as I hope we are, Loopring has us beat thanks to the stonk of games', 'tu2v82'], ['u/CryptoMutantSelfie', 10, '2022-04-02 00:26', 'https://www.reddit.com/r/banano/comments/tu2v82/did_you_guys_realize_banano_has_the_biggest/i31hc76/', 'Algorand and loop ring pretty big but we got Nano beat', 'tu2v82']]], ['u/F0rtysxity', 'BRD Wallet closed. 12 word seed phrase does not show Bitcoin. How?', 14, '2022-04-02 03:07', 'https://www.reddit.com/r/Bitcoin/comments/tu6nmj/brd_wallet_closed_12_word_seed_phrase_does_not/', 'So BRD closed down. No big deal. I have my 12 word seed phrase. When I enter it into any other wallet (Trust, Coinbase, Exodus) my ETH shows up. My Bitcoin does not. How?\n\nHow is that even possible??? \n\n\nHelp please. I have a distressing amount of Bitcoin for me there.', 'https://www.reddit.com/r/Bitcoin/comments/tu6nmj/brd_wallet_closed_12_word_seed_phrase_does_not/', 'tu6nmj', [['u/exab', 15, '2022-04-02 04:34', 'https://www.reddit.com/r/Bitcoin/comments/tu6nmj/brd_wallet_closed_12_word_seed_phrase_does_not/i32b1q8/', "BRD doesn't use a more commonly used derivation path, which is why the wallets you tried couldn't restore the wallet.\n\nYou need a wallet that supports custom derivation path. Electrum is a good one, though you'll need to enable BIP39 in the option.\n\nThe derivation path of BRD, according to https://walletsrecovery.org/, is `m/0'`. Type `m/0'` when Electrum prompts for the derivation path.", 'tu6nmj'], ['u/F0rtysxity', 17, '2022-04-02 04:55', 'https://www.reddit.com/r/Bitcoin/comments/tu6nmj/brd_wallet_closed_12_word_seed_phrase_does_not/i32ddcd/', "I have seed phrase. Why should it matter? I didn't know it would be this complicated.", 'tu6nmj']]], ['u/AwkwardDilemmas', "CRO isn't going anywhere... significant. Change my mind.", 11, '2022-04-02 04:11', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/', "I staked CRO to get my Ruby. Price surged, so I added a few bucks to get my Indigo, so I've spent only about 2500 CAD to get to the Indigo/Jade tier. I'm happy with it and my rewards, and cannot see me wanting (to tie up such a high percentage of my investment) or needing to up my stake for White/Gold.\n\nSo what to do with my CRO (of which I've made about 500 USD equivalent in less than 50 months).\n\nSure, CRO could top back up to ATH, but I don't think much higher. 30B MCAP? \n\nI think I'd rather just take my earnings, and DCA into he gold standard, BTC. What do y'all think?", 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/', 'tu7w9z', [['u/TheHarmonic', 22, '2022-04-02 04:19', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i329cyv/', 'Very easy answer here: DeFi. The dapps in the DeFi wallet are going crazy right now. MMF, MMO, Dark Crypto, etc. For me, that’s the main utility of CRO. Multiply my gains in DeFi.', 'tu7w9z'], ['u/andrewfrommo84', 20, '2022-04-02 04:44', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i32c4ik/', 'Some people said the same thing about btc back in 2010. \n\nAt long last, we have found the person with the crystal ball .', 'tu7w9z'], ['u/Glad-Falcon-8364', 18, '2022-04-02 05:59', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i32k5f2/', 'You forgot a comma after the plus.', 'tu7w9z'], ['u/TheHarmonic', 10, '2022-04-02 06:17', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i32lzpx/', 'I’m not talking about staking CRO with a validator. I’m talking about dapps like MMF or Dark. If you plan to keep your CRO you could be earning ridiculous interest in the DARK-CRO LP pool with essential no risk of impermanent loss. MMF has taken off and many people have done 10x with their initial investment. It’s risky, but it’s also higher yield. To me, that’s the best use case for CRO right now and it’s really just beginning. Even if you don’t want to bother with DeFi, others will buy CRO to plug it into this rapidly expanding world, which will drive up the price of CRO over time.', 'tu7w9z'], ['u/unpopularpuffin6', 22, '2022-04-02 07:46', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i32ttf7/', "Crypto.com is producing the first utility token with actual utility in ten years. It's try to replace our banks. This is revolutionary in ten different ways. They've accomplished everything in their white paper. I have a card in my hands. I have great benefits. It's everything we've been asking for, for years. It's going to moon.", 'tu7w9z'], ['u/Grena567', 12, '2022-04-02 09:41', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i33294r/', 'If btc goes cro follows. Cro can also 2x before btc does anything and STILL follow btc afterwards. I see it as higher potential. Obviously more risky as well and also not certain ofcourse', 'tu7w9z'], ['u/TheHarmonic', 11, '2022-04-02 13:55', 'https://www.reddit.com/r/cro/comments/tu7w9z/cro_isnt_going_anywhere_significant_change_my_mind/i33kbl5/', 'Congratulations. You just described every single financial instrument in the history of time.', 'tu7w9z']]], ['u/AdministrativeNail55', 'Maybe rename the group as fools group now. Spy went up 38% since Sept 20, 2020. USA real estate is up over 12%in this time. Bitcoin is up 360%. Even the high yield saving account is up 1.5%.', 54, '2022-04-02 04:55', 'https://www.reddit.com/r/PSTH/comments/tu8pw9/maybe_rename_the_group_as_fools_group_now_spy/', 'April Fool everyone.', 'https://www.reddit.com/r/PSTH/comments/tu8pw9/maybe_rename_the_group_as_fools_group_now_spy/', 'tu8pw9', [['u/ConcentratedBets', 24, '2022-04-02 08:21', 'https://www.reddit.com/r/PSTH/comments/tu8pw9/maybe_rename_the_group_as_fools_group_now_spy/i32wj0r/', 'No need to rename. Psth is already synonymous with fools', 'tu8pw9']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, April 02, 2022', 33, '2022-04-02 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/', 'tu9x11', [['u/YouAreAnFnIdiot', 18, '2022-04-02 06:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i32mwo2/', 'Happy weekend folks', 'tu9x11'], ['u/godgazillion', 11, '2022-04-02 11:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i33ahhf/', 'a pnf chart from merlin560 would be nice', 'tu9x11'], ['u/Benjo419', 11, '2022-04-02 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i33cqh3/', 'The newest issue of the [monthly bias check](https://www.tradingview.com/x/An3470Nb/) dropped today! \n\n\nWhat do you think about this chart?', 'tu9x11'], ['u/Benjo419', 22, '2022-04-02 13:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i33gg03/', 'A precisely selected team of the worlds most prestigious analysts take the price chart of btc and flip it upside down while swapping the green and red colours with the help of cutting edge technology', 'tu9x11'], ['u/BigDaddyAnusTart', 14, '2022-04-02 14:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i33qei9/', 'Love the idea that there are sidelines. As if not having a position is somehow neutral.', 'tu9x11'], ['u/dopeboyrico', 19, '2022-04-02 16:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i34004u/', 'Six figures before I consider selling anything whatsoever and even then, just a small fraction of holdings. Don’t care if it happens this year or in another 4 years, I can wait and accumulate more from now until then if it comes to that.', 'tu9x11'], ['u/LayPessimist', 15, '2022-04-02 17:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i34622q/', "You're one dope boy, Rico.", 'tu9x11'], ['u/LongStrongHopiumDong', 12, '2022-04-02 17:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/tu9x11/daily_discussion_saturday_april_02_2022/i34bx3k/', 'Some sub censored him, so he left Reddit. He is a true red-blooded American.', 'tu9x11'], ['u/escendoer... Based 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:** ['• Terra (LUNA) hit a new ATH of $116.48 in a breakout session on Saturday.\n• A marked increase in Terra’s total value locked (TVL) has supported the current uptrend.\n• Technical indicators are bullish, with LUNA holding above its 50-day EMA.\nOn Saturday, it was a bullish session forLUNA. Following a 2.70% gain from Friday, LUNA jumped by 8.84% to end the day at $115.20.\nLUNA struck a new ATH of $116.48 to bring $120 levels into play.\nIt was a sixth day in the green from eight sessions, with LUNA rebounding from a mid-week fall to sub-$100.\nThe latest upswing comes off the back of Bitcoin’s (BTC) latest visit to $48,000 levels. The LUNA Guard Foundation (LGF) haspurchasedmore than $1.4bn in Bitcoin to hold as reserves.\nFor LUNA, using Bitcoin (BTC) as a reserve and a Bitcoin buying spree supported Saturday’s ATH. At the time of writing, theLGF Bitcoin Walletwas the twenty-ninth largest wallet, holding 30,728 BTC.\nLast week, Coindeskconfirmedthe LUNA Guard Foundation’s Bitcoin wallet to be\nbc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q.\nThe chart below shows LGF’s Bitcoin wallet balances for the current year.\nSince the LGF’s Bitcoin purchase, Terra’s total value locked (TVL) has jumped by more than $12bn. Around the time of the $1.1bn BTC purchase, Terra’s TVL stood at $17.49bn. At the time of writing, Terra’s TVL was $30.55bn, according toDefi Llama.\nAnchor (ANC) remains the dominant protocol (51.50%), with a TVL of $15.73bn, followed by Lido (LDO) with a TVL of $9.42bn.\nOver one month, Anchor’s TVL has surged an impressive 35.67%, with Lido up 29.97%.\nAdding to the upside on Saturday was the news of a new liquidity pool 4pool withUST,USDT,USDC, andFRAX.\nOn Saturday, Do Kwon took to Twitter to announce a new partnership with Frax Finance and Redacted Cartel.\nDo Kwon described 4pool as,\n“an exciting new primitive on all EVM chains where curve lives, balancing truly decentralized stablecoins with offchain liquidity,”\nAt the time of writing, LUNA was up by 0.22% to $115.45.\nLUNA will need to avoid the day’s $112.45pivotto make a run on the First Major Resistance Level at $119.02. LUNA would need the broader crypto market to support a breakthrough Saturday’s high of $116.48.\nAnother extended rally would test the Second Major Resistance Level at $123.26 and resistance at $125. The Third Major Resistance Level sits at $133.95.\nA fall through the pivot would test the First Major Support Level at $108.47. Barring an extended sell-off, LUNA should avoid a return to sub-$100. The Second Major Support Level at $101.75 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (above), it is a bullish signal. LUNA continues to hold above the 50-day EMA at $103.59. This morning, the 50-day EMA pulled away from the 100-day EMA. The 100-day EMA also pulled away from the 200-day EMA, bringing resistance levels into play.\nAvoiding a fall to sub-$110 and through the 50-day EMA would support a run at $125.\nThisarticlewas originally posted on FX Empire\n• Lionel Messi Partners With Chiliz’s Socios.com To Launch Fan Tokens\n• The Weekly Wrap – Russia, Economic Data, and China’s Lockdown Were in Focus\n• Terra (LUNA) Hits a New ATH $116.48 in a Breakout Session\n• U.S Mortgage Rates Surge for a Third Consecutive Week\n• The US Stock Market Continues to Pull Back\n• Solana (SOL) Jumps by 9.5% to Lead the Broader Crypto Market', 'Key Insights: It was a bearish session for DOGE and SHIB on Saturday. The pair gave up early gains, with a lack of crypto news leading to a late pullback from early gains. Key technical indicators remain bullish, with DOGE and SHIB holding at the 50-day EMAs. It was a bearish day for DOGE and SHIB on Saturday. On a mixed crypto session on Saturday, DOGE and SHIB gave up early gains to end the day in the red. Saturday’s losses were modest, with no news updates to provide direction. Partially reversing a 2.32% gain from Friday, DOGE fell by 1.77% on Saturday to end the day at $0.1388. SHIB partially reversed a 1.12% rise, with a 0.80% loss to end the day at $0.00002594. Elsewhere, LUNA surged by 8.84% to buck the broader crypto market trend. BNB (-2.37%) and SOL (-1.52%) struggled on Saturday. AVAX (-0.79%), ADA (-0.86%), ETH (-0.32%), and XRP (-0.50%) saw modest losses to also join BTC (-1.03%), DOGE, and SHIB in the red. Crypto Market Flatlines with No Major News to Influence It was a quiet day on the crypto news wires, leaving the broader market in the red by the day end. The lack of direction followed a Friday partial recovery of losses from Thursday. Regulatory risk remains a consideration for the crypto market. This week, the headline news was the EU parliamentary vote to introduce KYC for private wallets. DOGE Price Action At the time of writing, DOGE was up 0.79% to $0.1399. A move back through to $0.1430 would bring $0.15 into play. Technical Indicators DOGE will need to move through the day’s $0.1404 pivot to make a run on the First Major Resistance Level at $0.1428. DOGE would need the broader crypto market to support a move back through $0.1420 levels. An extended rally would test the Second Major Resistance Level at $0.1467 and resistance at $0.15. The Third Major Resistance Level sits at $0.1530. Failure to move through the pivot would test the First Major Support Level at $0.1365. Barring an extended sell-off, DOGE should steer clear of sub-$0.1350 levels. The Second Major Support Level sits at $0.1341. Story continues Failure to move through the pivot would bring support levels into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits at the 50-day EMA, currently at $0.1395. This morning, 50-day EMA narrowed to the 100-day EMA. The 100-day EMA pulled away from the 200-day EMA after this week’s bullish cross; DOGE positive. A breakout from the 50-day EMA would support a move back through to $0.1450. Holding above the 50-day EMA would support a return to $0.15. SHIB Price Action At the time of writing, SHIB was up by 0.46% to $0.00002606. A move through to $0.000028 would bring $0.000030 into play. Technical Indicators SHIB will need to move through the day’s $0.0000264 pivot to make a run on the First Major Resistance Level at $0.0000270. SHIB would need the broader crypto market to break out from $0.0000265. An extended rally would test the Second Major Resistance Level at $0.0000281. The Third Major Resistance Level sits at $0.0000297. Failure to move through the pivot would bring the First Major Support Level at $0.0000254 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.000025 levels. The Second Major Support Level sits at $0.0000248. A move through the pivot would bring $0.000028 into view. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits at the 50-day EMA at $0.0000260. This morning, the 50-day EMA narrowed to the 100-day EMA. The 100-day EMA pulled away from the 200-day EMA after Tuesday’s bullish cross. A breakout from the 50-day EMA would bring $0.000028 levels into play. Avoiding a fall through the 50-day EMA would support a bullish day ahead. This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Traded Mostly Flat Amid Strengthening Dollar Post Jobs Data Stock Market Forms Shooting Star for the Week The Weekly Wrap – Russia, Economic Data, and China’s Lockdown Were in Focus Crude Oil Markets Have a Tough Week DOGE and SHIB Find Support but Fall Short of the Week Highs The Week Ahead – Monetary Policy and Russia in Focus', 'Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello/AFP/Getty Images Jack Dorsey said "centralizing discovery and identity into corporations really damaged the internet." The Twitter founder, who resigned as CEO in November, said he partially blamed himself. Dorsey has previously supported efforts to decentralize the internet. Twitter founder Jack Dorsey said on Saturday he partially blames himself for the state of the internet today. "The days of usenet, irc, the web...even email (w PGP)...were amazing," Dorsey said in a tweet , referring to certain online communication systems that date back to the early days of the internet. "Centralizing discovery and identity into corporations really damaged the internet." "I realize I\'m partially to blame, and regret it," Dorsey continued. —jack⚡️ (@jack) April 2, 2022 Dorsey, who co-founded Twitter in 2006 and served as its CEO before resigning in November, has previously supported decentralizing the internet. After Twitter banned former President Donald Trump from the platform for violating its rules, Dorsey said he felt the action set "a precedent I feel is dangerous: the power an individual or corporation has over a part of the global public conversation." While Dorsey was still CEO, Twitter funded Bluesky , a decentralized social media system he said would allow for more conversations. The system, which will take years to develop, is intended to put power back into the hands of users and allow for many different social networks to be created . Read the original article on Business Insider', 'Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello/AFP/Getty Images Jack Dorsey said "centralizing discovery and identity into corporations really damaged the internet." The Twitter founder, who resigned as CEO in November, said he partially blamed himself. Dorsey has previously supported efforts to decentralize the internet. Twitter founder Jack Dorsey said on Saturday he partially blames himself for the state of the internet today. "The days of usenet, irc, the web...even email (w PGP)...were amazing," Dorsey said in a tweet , refe **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: 2022-04-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $879,398,297,531 - Hash Rate: 197529455.8409224 - Transaction Count: 225564.0 - Unique Addresses: 585946.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: HUB Cyber Security (TASE:HUB.TA) is disrupting cybersecurity with its proprietary Confidential Computing hardware and the related services it provides to enterprises and governments. In this era of increased cyber aggression and global uncertainty, HUB is redefining tech security with its holistic approach to digital protection. Today HUB announced details of a $1.28 Billion acquisition that will provide HUB with up to approximately $200 million in additional cash and position the company as an industry leader, expanding the reach of its cutting-edge hardware and anti-tampering solutions. HUB Security entered into a definitive business combination agreement (BCA) with Mount Rainier Acquisition Corp. (NASDAQ: RNER), a publicly-traded special purpose acquisition company. Once the transaction closes, the acquisition company will be acquired by HUB Security, and the Combined Company will be listed on NASDAQ . The pro forma equity valuation of the Combined Company, following finalization of the transaction, is expected to be $1.28 Billion. The value was determined assuming no redemptions and cash on hand of $256 Million. Cash proceeds from the transaction are expected to be made up of $176 Million of cash in trust from Mount Rainier Acquisition Corp. and an additional $50 Million in equity and convertible notes from a fully committed Private Investment in Public Equity (PIPE), reducing the risks of transaction uncertainty. Special purpose acquisition companies (SPACs), or blank check companies, operate by selling shares at a set price and depositing the funds in a trust account. The SPAC then seeks out a company to merge with, which will then become the publicly traded Combined Company. Business dealings with SPACs are a strategic tool used by many companies seeking resources to expedite growth or explore new technologies. The SPAC being acquired by HUB Security, Mount Rainier Acquisition Corporation, is a blank check company that focuses on established, technology-focused businesses with aggregate enterprise values between $500 Million and $2 Billion. Story continues HUB Security Ltd. was founded in Tel-Aviv by former members of Israeli elite intelligence units. The company develops and markets Confidential Computing solutions and associated professional services aiming to disrupt cybersecurity for enterprises and governments worldwide. The proprietary hardware solutions from HUB protect sensitive data and provide a holistic cyber defense of data protection across all phases of the data lifecycle. The next-gen encryption solutions from the company include advanced quantum computing defense and meet U.S. security standards and the highest level of security for cryptographic modules. HUB Security has built a successful business model operating in Confidential Computing, a rapidly growing market expected to reach $54 Billion by 2026. HUB expects to continue to see increased revenues in 2022 and has secured contracted orders that will likely double the revenue in 2023. A NASDAQ listing will propel the company towards the Fortune 500 arena, creating a unique investment opportunity. The services and solutions provided by HUB, will be delivered to enterprise and government customers through a primarily recurring revenues and long-term contracts business model. The company also plans to expedite growth through strategic partnerships and M&A. The SPAC deal is designed so that current HUB shareholders will roll 100% of their equity into the publicly traded combined company. The shareholders will continue to own 81% of the combined company on a pro forma basis immediately after the closing. Founder & CEO Eyal Moshe will continue to own approximately 6% of the company. No secondary sale of shares will be performed by HUB founders, shareholders, management, or employees. The Combined Company will be listed on NASDAQ and will continue to be led by Eyal Moshe. “We believe the U.S. to be our prime target market of growth and seek to expand our U.S operations significantly via this merger and by becoming a listed U.S. entity on NASDAQ. We are passionate and excited about this opportunity to continue our growth and global expansion”, Says Moshe. This is a difficult market to begin trading in, but everything points to a significant opportunity for upside, as similar companies are currently trading on the NASDAQ at a fifteen-fold revenue multiple. This article was originally posted on FX Empire More From FXEMPIRE: EUR/USD: Weakens Under 1.0972, Strengthens Over 1.1019 Bitcoin and Ether Reach Key Support, Why ADA Could Surge To $1.2 Biden’s Future Depends On Reducing Oil (And Gas) Prices Fast PUBG Developer Krafton Seals Business Deal with Solana Labs E-mini S&P 500 Testing Lower End of Main Retracement Zone Gold Prices Rally but Remain Rangebound... - Reddit Posts (Sample): [['u/Red-HawkEye', 'BUY BITCOIN!', 276, '2022-04-03 01:11', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/', 'Trust me, this thing is going to take off even though we are consolidating between 10-20$. But this is the beginning. Bitcoin may reach 500-1000$ one day, its all in the code!', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/', 'tuw01l', [['u/Red-HawkEye', 47, '2022-04-03 01:30', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i35yad0/', '1$, just 1$ my dude.', 'tuw01l'], ['u/HushedShadow', 57, '2022-04-03 01:33', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i35ynwt/', 'Nah, just a fad, how far could it really go?', 'tuw01l'], ['u/WyldeGi', 38, '2022-04-03 01:39', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i35zegj/', 'What is a bit coin? Sounds like a scam to me, definitely not worth investing in', 'tuw01l'], ['u/Spontaneous-Box', 32, '2022-04-03 01:45', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i3602oj/', 'Exactly. These things never pan out. Why would I buy something that doesn’t exist?', 'tuw01l'], ['u/Spontaneous-Box', 15, '2022-04-03 01:58', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i361ohz/', 'It never ends for these people. Why buy something that doesn’t exist in the physical world? Seems like a scam tbh.', 'tuw01l'], ['u/raimbowexe', 14, '2022-04-03 03:22', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i364qc4/', "It's a scam... Money will always be paper and coins, it's way easier like that anyway", 'tuw01l'], ['u/quasi_kid', 35, '2022-04-03 03:28', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i365bf1/', 'Just bought a pizza for 30 bitcoin!!', 'tuw01l'], ['u/I_own_reddit_AMA', 21, '2022-04-03 03:42', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i366y2y/', 'Wow dude that’s a steal. My uncle’s apartment roommate bought one for 16,000 Bitcoin', 'tuw01l'], ['u/ProClarinetist', 19, '2022-04-03 03:53', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i3685eq/', 'I heard bitcoin was dark net drug money! I am no criminal!', 'tuw01l'], ['u/Bossman131313', 30, '2022-04-03 09:04', 'https://www.reddit.com/r/Stuck10YearsBehind/comments/tuw01l/buy_bitcoin/i373pxn/', 'Nah man. This “cryptocurrency” thing is gonna crash and burn, just watch. It’s another one of those fads that’ll last a year or two more at most.', 'tuw01l']]], ['u/DaddySkates', 'Not sure what all those crypto are or which to buy? Here is my review with pros and cons of some top 10 cryptos', 27, '2022-04-03 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/tux4zs/not_sure_what_all_those_crypto_are_or_which_to/', 'As the bull market picks up it pace, we are seeing a lot of new people coming in here. Lot of old ones returning too. That\'s why I wanted to contribute something with a post that will help those who are new to cryptocurrencies to understand a bit more about some of the top 10 cryptocurrencies by researching the PROs and CONs of each of the top 10 crypto coins. I didn\'t include all of them but most are here.\n\n\n\n​\n\nThis took a long time to research and write-up everything so if you enjoy it, I appreciate your feedback.\n\n\n\n​\n\n\n\nAlright, bring your cocoa and get cosy, Papa is ready to tell you about these bad boys. Let\'s start from the top;\n\n\n\n​\n\n\n\n​\n\n\n\n# #1 Bitcoin - BTC\n\n\n\n​\n\n\n\n**The grand-daddy of crypto. The biggest and the meanest. The all-father.**\n\n\n\n​\n\n\n\n\\+It is the biggest and most stable crypto out there, everyone knows it and the community that supports it is the largest. Institutions, funds and companies hold BTC and the number of them is increasing every day.\n\n\n\n\\+Safest bet in cryptoverse and only 21 million of BTC will ever exist. A lot of that BTC has been lost forever and as such illiquid.\n\n\n\n\\+It\'s a synonymous with the word crypto and digital gold for a good reason. It\'s considered one if not the best store of value to hedge ever increasing inflation!\n\n\n\n​\n\n\n\n\\-Movement is sometimes slower than altcoins.\n\n\n\n\\-Transactions are slow and can get pricey even though Lightning network updated is trying to fix the scalability issues at the cost of\n\n\n\n\\-Smaller potential for high returns\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #2 Ethereum - ETH\n\n\n\n​\n\n\n\n**The original altcoin and second biggest crypto right after BTC.**\n\n\n\n​\n\n\n\n\\+Insane support for dapps, smart contracts, defi and so on\n\n\n\n\\+Good support even in dips\n\n\n\n\\+Very good support in community\n\n\n\n​\n\n\n\n\\-We are still waiting for full Ethereum 2.0 release\n\n\n\n\\-Transaction fees can get outrageous, be vary when transferring to wallets\n\n\n\n\\-Other altcoins are slowly gaining on ETH in terms of tech, smart contracts and other aspects\n\n\n\n​\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #3 Binance Coin - BNB\n\n\n\n​\n\n\n\n**Utility token that wanted to become more**\n\n\n\n​\n\n\n\n\\+Big popularity among Binance users and others\n\n\n\n\\+Fast transactions, low fees and constantly getting burned which lowers supply cap\n\n\n\n\\+Allows cross platform usage with Binance Smart Chain (BSC)\n\n\n\n​\n\n\n\n\\-Centralized AF\n\n\n\n\\-Binance is a Chinese led company which is a concern on it\'s own\n\n\n\n\\-BNB is almost a complete copycat of Ethereum and has had very few new developments over the years.\n\n\n\n​\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #4 Solana - SOL\n\n\n\n​\n\n\n\n**Recently Solana has shoot up the charts and claimed the 4th spot. Good base with a solid ecosystem and a bright future. Pun intended.**\n\n\n\n​\n\n\n\n\\+Solana Ecosystem is extremely fast and efficient\n\n\n\n\\+The fees are extremely low, typically costing 0.000005 SOL, or about $0.001.\n\n\n\n\\+It successfully hosts over 250 applications on its ecosystem and an unique Proof of History system.\n\n\n\n​\n\n\n\n\\-Very centralized which showed nicely on Sep 14, when team took down the network due to technical issues. Also heard in "D in Solana stands for decentralized".\n\n\n\n\\-Proof of History consensus is still in early stage of development and hasn\'t been tested as much. Number of validators is low and has some really BIG whales.\n\n\n\n\\- Same as other PoS systems it\'s typicalls prone to micro transaction attacks like Nano in 2021.\n\n\n\n​\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #5 Cardano - ADA\n\n\n\n​\n\n\n\n**Child of Charles Hoskinson which has been growing steadily despite recent dips. Recently implemented long awaited smart contracts.**\n\n\n\n​\n\n\n\n\\+Super easy to stake it and reap rewards with Yoroi and its DPos staking buit in right in the app!\n\n\n\n\\+Cardano has support for native tokens without any need for smart contracts meaning that you don\'t need to pay for gas fees on it\'s network.\n\n\n\n\\+Cardano has a massive support from the followers and Charles is a very likable face of ADA.\n\n\n\n​\n\n\n\n\\-Recent smart contract upgrade didn\'t live to the hype.\n\n\n\n\\-Cardanos main thing was cheap and fast transactions which many of the other PoS coins now have and more.\n\n\n\n\\-Staking on Cardano is great but competitors like DOT take it to a higher level.\n\n\n\n​\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #6 XRP - XRP\n\n\n\n​\n\n\n\n**The good ol XRP which SEC is still trying to take down and keeps failing at every step.**\n\n\n\n​\n\n\n\n\\+Close to 0 transaction fees (0.00001 XRP per transaction)) and super low environment impact with low energy consumption\n\n\n\n\\+It still has a MASSIVE fanbase despite SEC fiasco and large organizations support it\n\n\n\n\\+There is a lot of talk about XRP becoming a big gaming-oriented currency (unreliable sources)\n\n\n\n​\n\n\n\n\\-The lawsuit.\n\n\n\n\\-Big market supply that was pre-mined by Ripple.\n\n\n\n\\-There are many competitors that do most of what Ripple does with better tokenomics.\n\n\n\n​\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #7 Polkadot - DOT\n\n\n\n​\n\n\n\n**Let\'s Polka! Very popular crypto nowadays with their recent release of crowdloans.**\n\n\n\n​\n\n\n\n\\+It\'s already solving the scalability problem faster than ETH is! Excellent transaction speed and very low price.\n\n\n\n\\+Amazing support by the developers and superb PoS consensus with crowdloans\n\n\n\n\\+Amazing ecosystem that hosts over 490 projects that are built on Polkadot\n\n\n\n​\n\n\n\n\\-Crowdloans are locked for 2 years on DOT which is a LONG time in crypto\n\n\n\n\\-Same as other PoS systems, there are WHALES and a lot of them.\n\n\n\n\\-Absolutely foolish system of having to keep minimum 1 DOT in wallet to keep it alive . Also not very newbie friendly due to the massive amount of options that they give to users. (You can also count that as a PRO if you are experienced).\n\n\n\n​\n\n\n\n\\---------------------------------------------------------------\n\n\n\n​\n\n\n\n# #8 Terra - LUNA\n\n\n\n​\n\n\n\n**A very hot L1 project that you probably heard about LUNA recently when it started it\'s rocketing to the...LUNA?**\n\n\n\n​\n\n\n\n\\+Fuels whole Terra network and supports ... Based 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:** ['IRIS ENERGY LIMITED SYDNEY, Australia, April 04, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); announced today that that it will be presenting virtually at the upcoming Cowen Bitcoin Mining Summit on Wednesday, April 13. Daniel Roberts, Co-Founder and Co-CEO, will be participating in a panel discussion on Bitcoin mining and will be available for 1x1 meetings with institutional investors. For more information about the conference or to request a 1x1 meeting, please contact a Cowen sales representative. The Cowen Bitcoin Mining Summit is a virtual event taking place on April 12-13, 2022. The event is focused on cryptocurrencies & digital assets, North American listed miners who are poised to take increasing share of network hash rate, holding key advantages with access to capital markets, operations in low-risk jurisdictions, and ESG commitments. About Iris Energy Iris Energy is a sustainable Bitcoin mining company that supports local communities, as well as the decarbonization of energy markets and the global Bitcoin network. Focus on low-cost renewables : Iris Energy targets markets with low-cost, excess and/or under-utilized renewable energy, and where the Company can support local communities Long-term security over infrastructure, land and power supply : Iris Energy builds, owns and operates its electrical infrastructure and specialized data centers, providing long-term security and operational control over its assets Seasoned management team : Iris Energy’s team has an impressive track record of success across energy, infrastructure, renewables, finance, digital assets and data centers Contacts Investors Kane Doyle Iris Energy +61 422 013 860 [email protected] To keep updated on Iris Energy’s news releases and SEC filings, please subscribe to email alerts at https://investors.irisenergy.co/ir-resources/email-alerts .', 'SYDNEY, Australia, April 04, 2022 (GLOBE NEWSWIRE) --Iris Energy Limited(NASDAQ:IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); announced today that that it will be presenting virtually at the upcoming Cowen Bitcoin Mining Summit on Wednesday, April 13.\nDaniel Roberts, Co-Founder and Co-CEO, will be participating in a panel discussion on Bitcoin mining and will be available for 1x1 meetings with institutional investors. For more information about the conference or to request a 1x1 meeting, please contact a Cowen sales representative.\nThe Cowen Bitcoin Mining Summit is a virtual event taking place on April 12-13, 2022. The event is focused on cryptocurrencies & digital assets, North American listed miners who are poised to take increasing share of network hash rate, holding key advantages with access to capital markets, operations in low-risk jurisdictions, and ESG commitments.\nAbout Iris Energy\nIris Energy is a sustainable Bitcoin mining company that supports local communities, as well as the decarbonization of energy markets and the global Bitcoin network.\n• Focus on low-cost renewables: Iris Energy targets markets with low-cost, excess and/or under-utilized renewable energy, and where the Company can support local communities\n• Long-term security over infrastructure, land and power supply: Iris Energy builds, owns and operates its electrical infrastructure and specialized data centers, providing long-term security and operational control over its assets\n• Seasoned management team: Iris Energy’s team has an impressive track record of success across energy, infrastructure, renewables, finance, digital assets and data centers\nContactsInvestorsKane DoyleIris Energy+61 422 013 [email protected]\nTo keep updated on Iris Energy’s news releases and SEC filings, please subscribe to email alerts athttps://investors.irisenergy.co/ir-resources/email-alerts.', 'SYDNEY, Australia, April 04, 2022 (GLOBE NEWSWIRE) --Iris Energy Limited(NASDAQ:IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); announced today that that it will be presenting virtually at the upcoming Cowen Bitcoin Mining Summit on Wednesday, April 13.\nDaniel Roberts, Co-Founder and Co-CEO, will be participating in a panel discussion on Bitcoin mining and will be available for 1x1 meetings with institutional investors. For more information about the conference or to request a 1x1 meeting, please contact a Cowen sales representative.\nThe Cowen Bitcoin Mining Summit is a virtual event taking place on April 12-13, 2022. The event is focused on cryptocurrencies & digital assets, North American listed miners who are poised to take increasing share of network hash rate, holding key advantages with access to capital markets, operations in low-risk jurisdictions, and ESG commitments.\nAbout Iris Energy\nIris Energy is a sustainable Bitcoin mining company that supports local communities, as well as the decarbonization of energy markets and the global Bitcoin network.\n• Focus on low-cost renewables: Iris Energy targets markets with low-cost, excess and/or under-utilized renewable energy, and where the Company can support local communities\n• Long-term security over infrastructure, land and power supply: Iris Energy builds, owns and operates its electrical infrastructure and specialized data centers, providing long-term security and operational control over its assets\n• Seasoned management team: Iris Energy’s team has an impressive track record of success across energy, infrastructure, renewables, finance, digital assets and data centers\nContactsInvestorsKane DoyleIris Energy+61 422 013 [email protected]\nTo keep updated on Iris Energy’s news releases and SEC filings, please subscribe to email alerts athttps://investors.irisenergy.co/ir-resources/email-alerts.', "Miami, Florida--(Newsfile Corp. - April 3, 2022) -Bitcoin 2022in Miami, Florida this year, will host Industry Day on the first of four days that will make up the BTC 2022 experience. Industry Day is made up of several unique events geared towards companies and individuals working within the Bitcoin industry, but will include a crypto networking meet and greet as well as an investor match-up and meet and greet, both of which will bring together companies and investors to interact and potentially work together to scale already-implemented Bitcoin-based working ideas and business models in many cases.\nIndustry day networking event at the Bitcoin 2022\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8342/119093_4da4820584893b06_001full.jpg\nThe initial meet and greet on Industry Day will be held at the top of the day on April 6, before Pitch Day gets officially underway. Pitch Day is a big part of the Industry Day events, and more or less the center of events planned around it for Wednesday the 6th. The initial meet and greet will simply bring together all of the Industry participants and many of the panelists and speakers such as Kevin O'Leary from ABC's Shark Tank, and Tyler Evans of Bitcoin Inc and UXTO Management to name two of over a dozen experienced and heavily referenced judges.\nInvestors Meet and Greet on Bitcoin 2022 Industry Day\nIn the middle of the exciting list of events scheduled for the first day of the Bitcoin 2022 experience, investors and companies will get the opportunity to meet and speak directly. This highly coveted event is known to be one of the breeding grounds for many of the deals and partnerships that come out of the Bitcoin conference each year.\nIndividuals withBitcoin WhalePasses to BTC 2022 will be in a specially designed meet and greet catered to the group specifically, but Industry Day participants will also get the opportunity to mix in similar style also. Anticipation for the entire group to meet and greet and speak about business models and potential alliances is also expected to happen a bit earlier on the same day. Specifically in the late morning at the Tech and Entrepreneurs meetup for one. General admission ticket holders won't show up to the Bitcoin party until the following day - April 7th, when the first day of main conference events begins. All before meet and greets between individuals working more directly in the Bitcoin industry will have their time to connect and share with each other.\nOther elements of Bitcoin 2022 Pitch Day\nPitch Day is the centerpiece around which most elements of Industry Day are situated. The initial meet and greet and investors meet up will be accompanied with other events that interest BTC industry insiders and businesses. Pitch Day itself will feature selected applicants currently in the Bitcoin industry who submitted their businesses into the pool of qualified contestants, all looking to pitch their ideas and/or active businesses for a chance at investor backing.\nPitch day specifics will be broken into three parts through the entirety of the day with the meet and greets, Tech and Entrepreneurs Meetup, mining events and a Bitcoin 101 Q&A highlighting several events scheduled for the first day of Bitcoin 2022.BTC Mediafounder David Bailey will kick-off Bitcoin 2022 with a welcome address to the several thousand attendees anticipated on Industry Day.\nAdditional points and mentionables about Bitcoin 2022\nGlobally recognized entrepreneurKevin O'Learywill also deliver a keynote address to the Bitcoin 2022 attendees scheduled to go forth at the top of the second half of the Pitch Day agenda. A good part of the initial afternoon features events around BTC mining **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: 2022-04-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $871,243,705,938 - Hash Rate: 224529885.056588 - Transaction Count: 275106.0 - Unique Addresses: 691360.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Key Insights: Bitcoin could gain pace if it clears $40,000. Ether (ETH) is facing hurdles near $2,600. RUNE surged over 15% and might rise further towards $10.00. Bitcoin After a downside break below $38,000, bitcoin price found support near $37,500. BTC started a decent recovery wave above the $38,000 level. The bulls were able to push the price above the $38,500 and the 21 simple moving average (H1). There was also a break above a key bearish trend line with resistance near $38,750 on the hourly chart. However, the price faces a key hurdle near the $39,250 zone. The main barrier is still near the $40,000 level. A clear move above the $40,000 zone could open the doors for a fresh increase. If not, the bitcoin price might resume decline to $37,000. Ethereum (ETH) ETH spiked and tested the $2,500 support zone. The bulls appeared near $2,500 and protected heavy losses. The price is now rising and trading above $2,550. There was a break above a connecting bearish trend line at $2,570 on the hourly chart. Ether even climbed above $2,585 and the 21 simple moving average (H1). However, it is facing a strong resistance near the $2,600 zone. A successful close above $2,600 might set the pace for more gains. The next key hurdle is $2,670, above which the bulls might take control. If there is no upside break, the price could start a fresh decline towards the $2,500 and $2,450 levels. THORChain (RUNE) RUNE formed a strong support base above the $3.30 level. As a result, it started a steady increase above the $4.00 and $4.50 resistance levels to move into a positive zone. More importantly, there was a clear move above a crucial bearish trend line with resistance near $5.65 on the daily chart. The price settled above the $6.50 level and the 21-day simple moving average. The price even surged above the 50% Fib retracement level of the downward move from the $9.55 swing high to $3.10 low. RUNE is now up over 20% and trading above $7.20. If the bulls remain in action, they could push the price above the 76.4% Fib retracement level of the downward move from the $9.55 swing high to $3.10 low. Story continues The next major stop could be $10.00. If there is a downside correction, the bulls might remain active near the $6.50 and $6.20 levels. ADA, BNB, and DOT price Cardano (ADA) is stuck near the $0.80 level. To start a major increase, the price must clear the $0.82 and $0.835 resistance levels in the near term. BNB is trading well below the $385 pivot level. The main support sits near the $354 level. If there is a downside break, the bears might aim for a test of $320. Polkadot (DOT) is showing a few bearish signs below the $18.00 level. If there is no move above $18.00, the price may perhaps slide to $16.50. A few trending coins are EGLD , KLAY , and GRT . Out of these, GRT is eyeing a break above the $0.365 resistance zone. This article was originally posted on FX Empire More From FXEMPIRE: Bitmain Launches the ‘Most Power-Efficient Bitcoin Miner’ to Date May WTI Crude Oil Selling Could Accelerate Under $99.55 June E-mini S&P 500 Sellers Targeting 4130.25 to 4094.25 USD/CAD Gains Ground As WTI Oil Gets Back To The $100 Level E-mini Dow Weakens Under 32903, Strenghtens Over 33118 Silver Markets Plunge Toward Support... - Reddit Posts (Sample): [['u/Motornerve_', 'Surprised Husband', 260, '2022-04-04 00:03', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/', "So I have a 3 month old, and my wife thought it was cute that I started training a mining alt for my son when he was born. Fast forward 3 months, and my wife got a machine called the Cricut Maker 3, which does decals, iron on transfers and cuts out materials with CNC precision. She has been working on something for a week that she wouldn't let me see. Today she surprised me with a Mining Director shirt and matching onesie for my son. I was so delighted and grateful and I just felt like sharing. Thank you to everyone that helped my wife surprise this old EVE vet and his future EVE playing son!\n\n[https://imgur.com/a/bTCvTCP](https://imgur.com/a/bTCvTCP)", 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/', 'tvlb0r', [['u/Atys_SLC', 16, '2022-04-04 00:20', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/i3a14e8/', "It's a great gift . I wish a happy mining opération to your whole familly.", 'tvlb0r'], ['u/TwitchyBat', 37, '2022-04-04 00:45', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/i3a4gij/', 'Oh man I love it when things get a satisfying followup like this.', 'tvlb0r'], ['u/horriblebudgeter', 38, '2022-04-04 02:24', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/i3ahesq/', 'Aww you posted it before I could!', 'tvlb0r'], ['u/The_Skillerest', 14, '2022-04-04 02:35', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/i3aiu5z/', 'Cruelest father known to man plans the neverending torture of his offspring', 'tvlb0r'], ['u/otuphlos', 10, '2022-04-04 04:38', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/i3ayrc0/', "I'm grinning like an idiot about it, and I did nothing but see the two posts!", 'tvlb0r'], ['u/S810_Jr', 10, '2022-04-04 08:17', 'https://www.reddit.com/r/Eve/comments/tvlb0r/surprised_husband/i3bl582/', "'Wifing' done right.", 'tvlb0r']]], ['u/superphiz', 'How to stake on Ethereum, April 2022 Edition', 176, '2022-04-04 00:17', 'https://www.reddit.com/r/ethstaker/comments/tvlnck/how_to_stake_on_ethereum_april_2022_edition/', 'Staking on the Ethereum beacon chain means locking up 32 Ether in a deposit contract and running a few pieces of software on a computer you control. We recognize that not everyone has 32 Ether, the skills, or the hardware to do this, so we support other ways to stake. It\'s important to acknowledge that this guide is based on [my](https://twitter.com/superphiz) perception of best practice - the foundation of that best practice is that decentralization is best for the network and everyone\'s deposits will be most valuable when the network is most decentralized. Centralized providers provide a service that may degrade the overall decentralization of the network and cause your deposits to be less valuable over time. I strongly encourage every participant to stake in the most decentralized way they can, even if it means learning new skills to achieve this. \n\nThese options are organized by benefit to the network and difficulty. If an option doesn\'t make sense to you, keep reading until you get to one that does.\n\nNeed help? Check out the [EthStaker Discord](https://discord.io/ethstaker) it operates as a companion to this reddit.\n\n---\n\nWhat has changed in the past month? \n\n* The Prysm supermajority has been dissolved. According to [pools.invis.cloud](https://pools.invis.cloud/), use of the Prysm consensus client has fallen below 66%. This is excellent news for the overall health of the network, but stakers are still encouraged to use other clients in order to balance the use of the four Consensus layer clients. Learn more at [clientdiversity.org](https://clientdiversity.org/).\n\n* [Lido](https://lido.finance) currently governs [24% of the validators](https://www.rated.network/) on the beacon chain and this is likely to continue increasing into the merge. While Lido is considered an honest entity, any entity who controls more than 20% of the network begins to threaten the decentralization of the entire network.\n\n* Geth is a highly dominant Execution Layer client, and while it has been hardened over many years, the high dominance of any single client is contrary to the multi-client ethos of Ethereum development. This month we\'ll be encouraging increased use of other [Execution clients](https://ethereum.org/en/developers/docs/nodes-and-clients/client-diversity/), namely [Besu](https://besu.hyperledger.org/en/stable/HowTo/Get-Started/Installation-Options/Install-Binaries/).\n\n* The merge has not been scheduled, but we\'re getting closer. Core developers determined that more testing was needed before agreeing on a merge date. We can assume the merge will not happen in June, but we should have a better idea of the timeline in April. To keep up with the merge, follow calls on the [Ethereum Foundation YouTube channel](https://www.youtube.com/c/EthereumFoundation) and follow [Tim Beiko](https://twitter.com/TimBeiko), [Ben Edgington](https://twitter.com/benjaminion_xyz), and [Trent Van Epps](https://twitter.com/trent_vanepps) on Twitter.\n\n* All solo stakers and Rocket Pool minipool operators will be required to run a local Execution client (geth, besu, erigon, nethermind) after the merge. Many guides suggest the use of Infura or other data providers, but using a remote data provider will not allow users to propose blocks after the merge. \n\n----\n\n**Solo Staking**\n\nSolo staking on the Ethereum beacon chain is the gold standard for staking. It is secure, provides full participation rewards, and improves decentralization of the network. People who are candidates for solo staking ought to meet a few requisites: at least 32 Ether, some technical ability, [hardware that can run 24/7](https://old.reddit.com/r/ethstaker/comments/rizos9/hardware_for_staking_2022_edition/), and at least 10Mbps Internet connection. Solo operators should seek to be as diverse as possible, this means staking on local hardware whenever possible, and using a staking client that is regarded as a [minority client](https://clientdiversity.org/). In April, 2022, I\'d suggest using the [Nimbus staking client](https://someresat.medium.com/guide-to-staking-on-ethereum-2-0-ubuntu-nimbus-e86bdee8c550) or [Teku staking client](https://www.coincashew.com/coins/overview-eth/guide-or-how-to-setup-a-validator-on-eth2-mainnet). When staking, an execution client is also required, while most guides suggest geth, in April 2022, we recognize the need to diversify execution clients and suggest using the [Besu](https://besu.hyperledger.org/en/stable/HowTo/Get-Started/Installation-Options/Install-Binaries/) execution client. The [Ethereum Launchpad](https://launchpad.ethereum.org/en/) is a valuable resource for solo stakers, and [this video](https://www.youtube.com/watch?v=tpkpW031RCI) gives a broad overview of solo staking. The motto of a solo staker should be "be online when every other staker is offline." Solo validators are expected to test their setup and operational skills on the [prater](https://prater.beaconcha.in) testnet before risking funds. Persons who have many of the resources for solo staking but prefer a graphical management tool should check out the [stereum](https://stereum.net/) manager. Use of DappNode was previously discouraged due to lack of client diversity (they only supported Prysm), but now here is [strong evidence](https://twitter.com/DAppNode/status/1509479264466481155) that DappNode is offering multiclient support, and this is will be a valuable "click to install" solo staking method in the future. [Avado](https://twitter.com/AvadoCloud/status/1503448217903632387) has also announced support for the Teku client, a very valuable step toward further client diversity. \n\n----\n\n**Minipool operator**\n\nMinipool operators are participants in [Rocket Pool](https://rocketpool.net). Rocket Pool is a trustless, open source, decentralized, and permissionless fractional staking platform. This means that any person can spin up a staking validator on Rocket Pool with 17.6 Ether (16 Ether and 1.6 Ether of RPL tokens) and help to secure the network. Rocket Pool works by taking your 16 Ether as a node operator and pairing it with 16 Ether from people who want to stake passively. For providing this service you\'ll earn rewards on your 16 Ether deposit, and some additional reward as payment from passive stakers that you are helping. Rocket Pool minipool operators are doing all of the same things that solo stakers are doing, but they can do this with less Ether and potentially higher rewards. Rocket pool has [extremely well-developed documentation](https://docs.rocketpool.net/guides/) and setting up a Rocket Pool node has been engineered to be easier than running a solo node. Rocket Pool minipool operators can also earn additional RPL rewards if they choose to stake more RPL on the platform, these rewards are currently very lucrative. As of April 2022, [Avado](https://www.youtube.com/watch?v=qqPtcOAW5VI) supports "click to install" staking with Rocket Pool using the Prysm client; they have indicated that they are in the process of adding Teku. At this time, I believe that being a minipool operator on Rocket Pool may be as valuable to the decentralization of the network as being a solo operator. Here\'s the balance: As a solo node operator, you are staking as purely as possible and this is valuable, but as a Rocket Pool minipool operator, you\'re also supporting stakers who don\'t have enough Ether to stake in a decentralized way - this is equally valuable from a different angle. As time progresses I am more comfortable encouraging people to host Rocket Pool minipools. The [Rocket Pool Discord](https://discord.gg/rocketpool) \\#Trading channel is well-regarded as a healthy source of information for decentralized staking on Ethereum.\n\n----\n\n**rEth holder**\n\n[rEth](https://www.coingeck... Based 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:** ['London, United Kingdom--(Newsfile Corp. - April 4, 2022) - The crypto space recently celebrated one of the biggest milestones of the year so far on 31 March 2022 when Maxity.io held a hybrid platform launch ceremony with the theme of "NFT Empowers Charity in the Future". Launching the blockchain application prospects for digital assets and charities, the roundtable meeting on the topic was attended by dignitaries such as former British shadow cabinet ministers, international organizations including the United Nations Population Fund, scholars from Oxford University, funding partners such as KKR, and experts in the cryptocurrency and NFT industries.\nYu Xiong, director of Maxity and a professor at the University of Surrey, said in his opening speech, "The Maxity platform was founded in London, UK with operations in San Francisco, USA. With an integrated ecosystem of Web3.0 underlying technologies, Maxity is committed to assisting charities and individuals to transform their stories into NFTs. This involves creating, publishing, trading NFTs and raising funds for the causes they support, improving our society and allowing our world to prosper."\nThe invention of blockchain theory dates back 14 years with Satoshi Nakamoto publication "Bitcoin Whitepaper", leading to three cycles of crypto bull market and great investment opportunities, attracting more than 300 million users. Meanwhile, issues such as ponzi schemes, money laundering and energy waste all provoke conflict, restrictions, and over-regulation of cryptocurrencies. This is why Maxity\'s vision is to promote the concept of "blockchain for good", using blockchain technology to connect people to the charitable causes they support, raising funds for charities and individuals, promoting the paradigm leap of the blockchain industry and becoming the cornerstone of the fourth technological revolution.\nFormer British Shadow Home Secretary Diane Abbott, the Labour Party, also delivered a speech at the venue. "Maxity has developed an impressive new fundraising method for charities, which can benefit both charities and business platforms. Many charities are currently under pressure, especially now at the time of pandemic. The new NFT donation method will be a good opportunity for Maxity to show the public the effective integration of blockchain technology and charity."\nImage 1\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8247/119074_b215c85ea4ced941_001full.jpg\nOn the status quo of global charities, Natasha Ryan, Partnerships Lead at Maxity and a former member of UNICEF, said with global annual fundraising of more than $1T, and exceeding 500M participating members in charitable activities every year, more than 260,000 charities still encounter fundraising problems. Faced with global problems such as hunger, the need for environmental protection, spread of diseases, resource shortages, refugees, and the need for protection of women and children, funding and resource constraints put charities in a difficult predicament. Maxity encourages charities and individuals to artistically present their difficulties via NFTs, fundraising through the release and sale of digital tokens, and building inclusive communities of shared kindness and empathy. Natasha also announced a recruitment plan for 500 NGO ambassadors worldwide, asking everyone in the field of philanthropy to participate in this cause.\nImage 2\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8247/119074_b215c85ea4ced941_002full.jpg\nIn addition, Justin Kairys, head of development at Maxity, introduced the platform architecture, technical advantages, the development roadmap, the tokenomics model and five-year development plan of Maxity to the participating guests. In the future, creators, charities, contributors, and communities will be provided ownership and voting rights, making Maxity\'s governance fully decentralised. Maxity is determined to become the top NFT trading platform and raise more than US$1 billion for global charities within 5 years.\nImage 3\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8247/119074_b215c85ea4ced941_003full.jpg\nSo far, world-renowned non-profit organizations such as the DongGuan Disabled People Association, LetsLocalise, Penny Appeal, Kelab Kebajikan Raisu, Turbo Ghana, Helpers Foundation School, SBF Ghana, Tikki Hywood Foundation, FWEF, Ocean World Empowerment Foundation, Growing The Girl Child Initiative, Ogadagidi Global Empowerment Initiative, Rescue Wing Gender Empowerment, E.D.E.R, Raha Charity Foundation, IMAGO DEI Charity Initiative, Adopt A Widow Foundation, Ogadagidi Global Empowerment Initiative, Society The Improvement of Rural People (in no particular order) have all partnered with Maxity.io and are successfully raising funds from NFTs selling, 98% of which is contributed to the charity itself. The flow of donations can be traced throughout. This data on donations, guaranteed by the "immutable" feature of blockchain technology, enhances transparency and trust.\nImage 4\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8247/119074_b215c85ea4ced941_004full.jpg\nIt\'s not hard to imagine a future with NFTs becoming more popular, increasing in sales, and leading to more fundraising opportunities. As the world enters a new digital era powered by blockchain, it is clear that NFTs are helping to redefine the "art" of fundraising.The ultimate goal for Maxity is not to make entrepreneurs rich, but to do things that improve the real world.\nWith the official launch of Maxity.io, many industry insiders expressed high hopes for the integration of Maxity.io and charities. It is believed that in the future, Maxity.io will uphold its original intention, deepen the convergence of technology and charity.\nSubscribe to Maxity.io official channels to discover more charitable NFTs news!\nPress Contact: Marketing Communications Department\nE-mail:[email protected]:https://twitter.com/Maxity_ioInstagram:https://www.instagram.com/maxity_official/Discord:https://discord.gg/EABeMqZmUM\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/119074', 'London, United Kingdom--(Newsfile Corp. - April 4, 2022) - The crypto space recently celebrated one of the biggest milestones of the year so far on 31 March 2022 when Maxity.io held a hybrid platform launch ceremony with the theme of "NFT Empowers Charity in the Future". Launching the blockchain application prospects for digital assets and charities, the roundtable meeting on the topic was attended by dignitaries such as former British shadow cabinet ministers, international organizations including the United Nations Population Fund, scholars from Oxford University, funding partners such as KKR, and experts in the cryptocurrency and NFT industries. Yu Xiong, director of Maxity and a professor at the University of Surrey, said in his opening speech, "The Maxity platform was founded in London, UK with operations in San Francisco, USA. With an integrated ecosystem of Web3.0 underlying technologies, Maxity is committed to assisting charities and individuals to transform their stories into NFTs. This involves creating, publishing, trading NFTs and raising funds for the causes they support, improving our society and allowing our world to prosper." The invention of blockchain theory dates back 14 years with Satoshi Nakamoto publication "Bitcoin Whitepaper", leading to three cycles of crypto bull market and great investment opportunities, attracting more than 300 million users. Meanwhile, issues such as ponzi schemes, money laundering and energy waste all provoke conflict, restrictions, and over-regulation of cryptocurrencies. This is why Maxity\'s vision is to promote the concept of "blockchain for good", using blockchain technology to connect people to the charitable causes they support, raising funds for charities and individuals, promoting the paradigm leap of the blockchain industry and becoming the cornerstone of the fourth technological revolution. Former British Shadow Home Secretary Diane Abbott, the Labour Party, also delivered a speech at the venue. "Maxity has developed an impressive new fundraising method for charities, which can benefit both charities and business platforms. Many charities are currently under pressure, especially now at the time of pandemic. The new NFT donation method will be a good opportunity for Maxity to show the public the effective integration of blockchain technology and charity." Story continues Image 1 To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/8247/119074_b215c85ea4ced941_001full.jpg On the status quo of global charities, Natasha Ryan, Partnerships Lead at Maxity and a former member of UNICEF, said with global annual fundraising of more than $1T, and exceeding 500M participating members in charitable activities every year, more than 260,000 charities still encounter fundraising problems. Faced with global problems such as hunger, the need for environmental protection, spread of diseases, resource shortages, refugees, and the need for protection of women and children, funding and resource constraints put charities in a difficult predicament. Maxity encourages charities and individuals to artistically present their difficulties via NFTs, fundraising through the release and sale of digital tokens, and building inclusive communities of shared kindness and empathy. Natasha also announced a recruitment plan for 500 NGO ambassadors worldwide, asking everyone in the field of philanthropy to participate in this cause. Image 2 To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/8247/119074_b215c85ea4ced941_002full.jpg In addition, Justin Kairys, head of development at Maxity, **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: 2022-04-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $871,535,024,528 - Hash Rate: 206055907.1721852 - Transaction Count: 273430.0 - Unique Addresses: 692888.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:Bitcoin holds over $41,000, despite a slight weekend drop; ether and most other major cryptos follow a similar pattern. Insights:The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself. Technician's take:BTC's four-month-long downtrend could be nearing an end. Catch the latest episodes ofCoinDesk TVfor insightful interviews with crypto industry leaders and analysis. Andsign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. Bitcoin (BTC):$41,246 -1.3% Ether (ETH):$2,863 -1.8% Top Gainers [{"Asset": "Ethereum Classic", "Ticker": "ETC", "Returns": "+21.1%", "Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin Cash", "Ticker": "BCH", "Returns": "+2.7%", "Sector": "Currency"}, {"Asset": "EOS", "Ticker": "EOS", "Returns": "+1.7%", "Sector": "Smart Contract Platform"}] Top Losers [{"Asset": "Polkadot", "Ticker": "DOT", "Returns": "\u22123.3%", "Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\u22122.9%", "Sector": "Smart Contract Platform"}, {"Asset": "Internet Computer", "Ticker": "ICP", "Returns": "\u22122.5%", "Sector": "Computing"}] A slight drop after a good week Bitcoin and other major cryptocurrencies fell slightly but finished a largely upbeat week higher than when they started the week, withstanding the U.S. central bank's first interest rate hike in four years and Russia's escalating attacks on Ukraine. The largest cryptocurrency by market capitalization was recently trading about $41,200, off about 1.3% over the past 24 hours. Bitcoin topped $42,000 late during U.S. trading hours Friday, a more than 7% increase from where it started the week as investors digested the long-expected Federal Reserve's 25-basis-point increase on Wednesday and global unrest tied to Russia's invasion. Ether, the second largest crypto by market cap, was changing hands a little under 2,900, a 1.8% drop over the same period, but well up from where it began the week. Most other major cryptos were in the red over the weekend. Trading volume fell over the past three days. "It's been a good week for bitcoin," Joe DiPasquale, the CEO of fund manager BitBull Capital, wrote to CoinDesk. "We have been holding support above $40,500. If we can break through the next resistance line at $42,500, we could see a breakout to $45,000 as we saw in the last day of February." DiPasquale added that "low trading volume is normal for weekend activity," and he expected it to increase during the week. "With the equities markets rising again, there is a moment to be had in bitcoin, [ether] and other assets if Monday starts strong," he said. The tech-focused Nasdaq rose 2% on Friday, while the S&P 500 was up a little over 1%. Gold fell 1.2%. The upswing in stocks and cryptos late in the week suggested that investors were willing to embrace more risk than they had been just a few days before. The weekend saw a new round of atrocities in Ukraine and continued fallout that could undermine the already jittery, global economy. According to one report Mariupol, a strategic Black Sea port that would help Russia control the southern Ukraine coastline, was days away from falling. Meanwhile, a Wall Street Journal story Sunday said that Russia has largely failed so far to demonstrate that its economy could thrive in the face of fierce sanctions from countries opposed to its unprovoked attack, and would take years to achieve this objective. DiPasquale noted that many investors have associated February's drop in equities and crypto markets with a similar decline in March 2020. "While there was a lot of uncertainty, the wrong thing to do then was to sell low; the next two years saw historic rises," he said. "Hedge funds like ours have a generally optimistic sentiment given the market's history of rising through uncertainty even after periods of turbulence." S&P 500: 4,463 +1.1% DJIA: 34,754 +0.7% Nasdaq: 13,893 +2% Gold: $1,919 -1.2% Razer’s Efforts to Diversify Into Payments Still Overshadowed by Its Hardware Razer (RAZFF) used to talk a big game about itself. The Singapore-based manufacturer of gaming PCs and peripherals was once called “the Apple of the gaming world.” Some lapped it up, but industry analysts snickered as channel data showed the company didn’t really ship many PCs. Its keyboards, mice and other accessories were well received, but the PCs not so much. Then, after its initial public offering (IPO), Razer became more modest. As part of the IPO it had to list how much it actually sold of its products. The results were underwhelming. While its competitors shipped tens of millions of gaming PCs and notebooks, Razer could barely muster 600,000, according to analysts and others whoreviewed its earnings. For some models, theshipments were under 1,000. Razer’s bark was louder than its bite. As a listed company it was harder to throw around monikers like “Apple of the Gaming World,” so Razer needed to pivot. In 2020, its CEO, Min-Liang Tan, said that Razer was a “lifestyle brand” and the company put a larger emphasis on alternatives to selling PCs. The company settled on payments and fintech to diversify, applying for one of Singapore’s coveted digital banking licenses. But regulators inSingapore declined Razer’s application, limiting it to payments, a cut-throat industry with thin margins. Of course, Razer could apply for alicense somewhere other than Singapore, such as Malaysia, but so far it hasn’t made a move. In late 2021,Razer decided to shutterits Razer Pay wallet service because it couldn’t carve out ameaningful niche in Southeast Asia’s crowded paymentsmarketplace, dominated by super app Grab. Razer still has a foot in the payments game,but its most recent earnings showthat its efforts to move the company away from hardware and peripherals has stalled. Atthe end of the last fiscal yearsoftware and services contributed 10.6% to the company’s revenue. While the division’s raw revenue is up, overall it actually accounts for less, coming in at 10%. Total payment volume for Razer Gold, its virtual credits service used to monetize games, is up 56% year on year as the coronavirus pandemic continues to keep people inside and gaming. Razer's fintech arm, which provides merchant services, hit $7 billion in revenue for 2021, up 63.5%. Theoretically, GameFi would take a big bite out of Razer Gold as a way to monetize and finance games. When asked about this a PR rep directed CoinDesk to a statement in the earnings report from Razer’s CEO, which said the company intends to “explore decentralized finance” but otherwise said nothing concrete. Shareholders don’t care. The stock is a catastrophe, especially in the pandemic era when investors put a premium on anything to do with gaming and PCs as locked-down consumers spend more in this segment as a way to entertain themselves and stay productive. Since its listing in Hong Kong in 2017 the stock is down nearly 47%. This is incredible when compared to its peers. Logitech (LOGI), which makes PC peripherals for productivity and gaming, is up nearly 110% during the same time period; Taiwan’s MSI, a well-known gaming PC manufacturer; is up 90%; and Corsair (CRSR), which listed in late 2020, is up by around 40%. Part of this might be because Razer is actually a fairly small company,despite its cult following. Net profits for the year were around $43.4 million. Last fiscal year it was a mere $800,000. Razer’sfuture appears to be as a private company(there was talk about a U.S.-listing, but that would devolve into meme stock territory) as investors move towards de-listing it from the Hong Kong exchange through a buyout. That might be the best move because investors don’t seem to be too enthusiastic about Razer as a PC gaming company or even a payments company. Bitcoin Holding Above $40K, Resistance at $46K Bitcoin (BTC) buyers remain active after maintainingsupportat $37,000 over the past two weeks. The cryptocurrency is up 7% over the past week and could see further upside toward the $43,000-$46,000 resistance zone. Short-term momentum signals have turned upward, especially after a downsideexhaustionsignal appeared on March 7. Further, the relative strength index (RSI) on the daily chart is rising above oversold levels (above 50), suggesting the four-month-long downtrend in price is nearing an end. Still, there is significant overhead resistance on the charts, which could stall the current price bounce. 3:30 p.m. HKT/SGT (7:30 a.m. UTC):Speech by European Central Bank President Christine Lagarde at event of Institut Montaigne In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Kuna Exchange’s Michael Chobanian on US Senate Hearing and Ukraine’s Crypto Donations Ukraine legalized crypto as digital currency donations continued to pour in. Michael Chobanian of the Kuna exchange, who testified before the U.S. Senate Banking Committee on Thursday, joined "First Mover" to discuss the significance of the new law, crypto donations to Ukraine and more. Jason Grad, CEO and co-founder of Massive, offered additional viewpoints on the humanitarian crisis in Ukraine and how crypto can help. Plus, Hany Rashwan of 21Shares provided crypto market insights. Ukraine Crypto Exchange Founder Accuses Binance of 'Cooperating' With the Russian Government:Michael Chobanian also says Binance has yet to make its promised $10 million donation. The company challenges Chobanian's charge. Cricket NFT Marketplace to Raise $100M in Series A Funding Round: Report:FanCraze is built on Flow, the same blockchain that hosts NBA Top Shot, the digital collectibles platform that won widespread popularity last year. Web 3 Game Development Platform Joyride Raises $14M Ahead of Launch:Optimized for Unity, Joyride allows developers to build blockchain-powered esports, casual and social games on mobile devices. Argentine Congress Appr... - Reddit Posts (Sample): [['u/slvbtc', 'In just over 18 months from now it will be 2024 and Bitcoin will have been around for 15 years. Thats the same amount of time as watching the internet evolve between 1989 and 2004.', 627, '2022-04-05 00:51', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/', "Bitcoin is mainstream now, the average person either doesn't recognise that fact yet or they are in complete denial.\n\nOver the next 18 months we will see seismic shifts in adoption. Nation states will be allocating to bitcoin en masse, every financial app and bank will be integrating with the lightning network, and bitcoin will trade closer to $1m than to $100k.\n\nThe next 18 months between 2022 and 2024 will be a period looked back on and studied as one of the most interesting economic times in recorded financial history.", 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/', 'twfkec', [['u/hairyscrotes', 29, '2022-04-05 01:00', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3f0lww/', 'We can hope my friend', 'twfkec'], ['u/Sir_John_Barleycorn', 72, '2022-04-05 01:05', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3f1b57/', 'Ah 2004 internet. Back when YouTube didn’t have ads and Facebook was but a twinkle in Mark Zuckerberg’s eye.', 'twfkec'], ['u/slvbtc', 11, '2022-04-05 01:08', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3f1w2c/', 'Goes to show that it is probably only now that the worlds biggest financial app is being invented in a dorm room somewhere.', 'twfkec'], ['u/ForbiddenFruit91', 10, '2022-04-05 01:22', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3f3zg4/', 'I think $200k is more likely by 2024.....but wtf do i know?', 'twfkec'], ['u/GetRichOrDieTryinnn', 74, '2022-04-05 01:40', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3f6qto/', 'Bitcoin is not mainstream yet.\nIt will be.\nIt will only get better as time goes on.\nStack sats.', 'twfkec'], ['u/[deleted]', 50, '2022-04-05 02:00', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3f9oxh/', '*Winklevoss twins eyes', 'twfkec'], ['u/rmanthony7860', 14, '2022-04-05 02:03', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fa428/', 'Lol, I literally watched it go from 4K to 69K in less time.', 'twfkec'], ['u/reddituser888', 21, '2022-04-05 02:08', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fay8m/', 'Would you please like to explain why you think the next 18 months will have so much growth? \n\nI mean, last year all the experts thought BTC would hit $100k, why are your predictions any different?', 'twfkec'], ['u/northernedge24', 56, '2022-04-05 02:11', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fbhkt/', 'And when the halving occurs in 2024, Bitcoin will have the highest stock to flow ratio of all assets on earth. Interesting times we live in', 'twfkec'], ['u/[deleted]', 14, '2022-04-05 02:21', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fcuo1/', 'Indeed, he stole that idea fair and square, fam', 'twfkec'], ['u/Sir_John_Barleycorn', 24, '2022-04-05 02:22', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fd3oe/', 'To be honest though, the twins instead are all in on BTC and run a global exchange. Much more respectable outcome for them than him.', 'twfkec'], ['u/Sir_John_Barleycorn', 25, '2022-04-05 02:26', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fdmm5/', 'True. It’s only about 18 months away.', 'twfkec'], ['u/PostFPV', 39, '2022-04-05 02:29', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fe2y3/', ">Bitcoin is not mainstream yet\n\nYou're right. Bitcoin is only mainstream if you're in an echo chamber.\n\nI mean, maybe for some loose definition of mainstream. 99% of the stores I go to wouldn't accept Bitcoin so I'm not sure how mainstream it actually is.", 'twfkec'], ['u/YamadaDesigns', 10, '2022-04-05 02:33', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fej8f/', 'Yeah not sure where he’s coming up with that timeline', 'twfkec'], ['u/jonnyCFP', 16, '2022-04-05 02:42', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3ffwh0/', 'Means when it halves the amount of BTC that can be mined into existence will be much less than what is mined and in the market. The harder it is to produce something the more scarce and more valuable.', 'twfkec'], ['u/lucarov89', 15, '2022-04-05 03:30', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fmgug/', 'it is "culturally" mainstream though, its really hard to find a person that doesnt know about bitcoin, even if they think its a scam or a bad investment', 'twfkec'], ['u/Just_Me_91', 13, '2022-04-05 03:42', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fo2dn/', "Youtube didn't exist until 2005.", 'twfkec'], ['u/L0ckeandDemosthenes', 11, '2022-04-05 03:45', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fohu1/', "I've owned and sold btc since around thirty dollars. \nWith that said. It still isn't user friendly e ough for mass public adopt. Its not safe enough for the average user to risk losing their life savings because of a bad link. It will be one day. But it's still not mainstream until people do t even realize they are using it. \n\nWhen bitcoin is so widely held that price fluctuations stop effecting the dollar amount you are holding, then it will be mainstream. The more a btc costs the more stable the Satoshi will be. That's the real sign we are looking for. It's widely known a a high risk investment not a p2p digital currency. Still needs more time but it till get there. Be patient you are still early.", 'twfkec'], ['u/One_Psychology_6500', 13, '2022-04-05 05:07', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3fzdv7/', 'Stock = all the commodity already in existence \n\nFlow = new commodity that be created in one year\n\nStock / Flow = a good supply-focused metric at valuing commodities \n\nThe higher the number (relationship of stock to flow), the more established and/or scarce the commodity and the more resistant to manipulation by the flow (new stock). \n\nGold has the highest stock to flow of established commodities at around 60. Bitcoin went over 50 in 2020 and will go over 100 in 2024.', 'twfkec'], ['u/BeansBakerNumber5', 10, '2022-04-05 07:01', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3gc10l/', "badger badger badger mushroom mushroom...oh shit, i'm old.", 'twfkec'], ['u/[deleted]', 14, '2022-04-05 08:35', 'https://www.reddit.com/r/Bitcoin/comments/twfkec/in_just_over_18_months_from_now_it_will_be_2024/i3gk3nq/', 'My Dad is 71 and he’s been studying crypto everyday for the last year', 'twfkec']]], ['u/cilantro88', 'What’s the actual utility from SHIB?', 87, '2022-04-05 02:56', 'https://www.reddit.com/r/SHIBArmy/comments/twijem/whats_the_actual_utility_from_shib/', 'Let me preface my question. I been dabbling in crypto since 2017. In 2019 I got really into XRP because I thought the problem they were trying to solve for banks was really cool and valuable. I also used it to transfer money and thought it was really fast and dirt cheap. Fast forward to 2020, my stock and crypto went up and at that time I was looking into purchasing a place for myself. My BTC and XRP gave me 10x plus returns so I decided to sell for my downpayment. Needless to say I was really happy with my investments. At this point I didn’t feel like buying either BTC or XRP, I thought with their price at the time and today other financial vehicles could give me better returns. Been investing in stocks related to lithium and batteries for a bit. I heard about SHIB when it first came out but dismissed it completely. Then it rallied. I felt the FOMO and bought some SHIB when it came back down from its ATH. Looking at this sub it’s like entering a time machine, all of the comments and posts really echo the posts that were being shared in the XRP sub back when I was buying. To be 100% honest, I have no idea what the utility for SHIB is supposed to be. My main drivers for buying it today are 1. Burning - Even when the amount of SHIB in circulation is astounding I think there could be a chance that someone creates a creative exponential method to burn SHIB. 2. This is going to sound dumb, but I think the logo is cool.\n\nLooking at the market cap today I do feel that holding and popularity could push the price up for good returns on the 4x range. \n\nI generally invest in things I believe have intrinsic value and I hope I don’t get massively downvoted for this comment but other than hype what’s SHIBs intrinsic value?\n\nBeen doing some light research but can’t really find anything substantial.', 'https://www.reddit.com/r/SHIBArmy/comments/twijem/whats_the_actual_utility_from_shib/', 'twijem', [['u/Edward_DildoHands10', 11, '2022-04-05 03:36', 'https://www.reddit.com/r/SHIBArmy/comments/twijem/whats_the_actual_utility_from_shib/i3fn9zd/', 'The utility is that I can buy a lambo when it moons and I sell it!', 'twijem'], ['u/Crypto-Grid', 13, '2022-04-05 07:04', 'https://www.reddit.com/r/SHIBArmy/comments/twijem/whats_the_actua... Based 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:** ['Key Insights: It was a bullish session for DOGE and SHIB on Tuesday, with DOGE and SHIB bucking the broader market trend. News of Elon Musk taking a seat at the Twitter board led to a DOGE breakout. News of Bitcoin of America adding SHIB to its Bitcoin ATMs across the U.S delivered SHIB support. It was a bullish day for DOGE and SHIB on Tuesday. SHIB managed to shrug off crypto market forces, with Bitcoin of America news providing support. Elon Musk delivered a DOGE breakout for a second consecutive day. Following a 1.30% gain on Monday, DOGE jumped by 16.17% to end the day at $0.1724. SHIB partially reversed a 1.38% loss with a 1.13% gain to end the day at $0.00002675. It was a bearish session for the crypto top 10, however. AVAX slid by 5.32%, with SOL (-4.00%), ADA (-3.46%), and ETH (-3.23%) also struggling. LUNA (-0.02%), BNB (-0.84%), and XRP (-1.12%) saw relatively modest losses. BTC ended the day with a 2.38% loss. Elon Musk Delivers a DOGE Breakout, with BTMS Delivering SHIB Support Following Monday’s news of Elon Musk holding a 9.2% stake in Twitter ( TWTR ), there was more DOGE positive news. On Tuesday, Twitter announced Elon Musk’s seat on the Twitter board. In response to the announcement, Musk took to Twitter saying, “Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!” Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months! — Elon Musk (@elonmusk) April 5, 2022 In March, we reported Elon Musk tweeting whether Twitter fails to support free speech. Suggestions of Elon Musk buying Twitter and changing the logo to the DOGE delivered DOGE price support at the time. The markets are expecting swift changes following Musk’s seat at the table. On Monday, Twitter’s share price surged by 27.12% in response to news of Musk’s shareholding. Twitter found further support on Tuesday, rising by 2.02% amidst a broad-based tech sell-off that left the NASDAQ 100 down 2.26%. Story continues On Tuesday, news of Bitcoin of America adding SHIB to its Bitcoin ATMs (BTMS) delivered SHIB support. Bitcoin of America took to Twitter on Tuesday, tweeting, “We asked…you answered! Shiba Inu is NOW available at Bitcoin of America BTMS.” #Shib continues to play a role in crypto adoption, Your favorite #cryptocurrency is now available in 1800 BTMs in the United States 🇺🇸 The #ShibArmy welcomes you, @BTCofAmerica . https://t.co/p9tsCndym8 — Shib (@Shibtoken) April 4, 2022 DOGE Price Action At the time of writing, DOGE was up by 0.29% to $0.1729. Elon Musk gives the bulls a look at $0.20 levels. Technical Indicators DOGE will need to avoid the day’s $0.1664 pivot to make a run on the First Major Resistance Level at $0.1856. DOGE would need the broader crypto market to support a move to $0.18 levels. An extended rally would test the Second Major Resistance Level at $0.1987 and resistance at $0.20. The Third Major Resistance Level sits at $0.2310. A fall through the pivot would test the First Major Support Level at $0.1533. Barring an extended sell-off, DOGE should steer clear of sub-$0.1500 levels. The Second Major Support Level sits at $0.1341. A move through to $0.18 levels would support another breakout. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1467. This morning, 50-day EMA pulled away from the 100-day EMA. The 100-day EMA pulled away from the 200-day EMA after last week’s bullish cross; DOGE positive. Holding above the 50-day EMA would support a move back through to $0.20. Holding above the 50-day EMA remains key near-term. SHIB Price Action At the time of writing, SHIB was down by 0.07% to $0.00002673. Technical Indicators SHIB will need to move through the day’s $0.0000271 pivot to make a run on the First Major Resistance Level at $0.0000281. SHIB would need the broader crypto market to break back to $0.000028 levels. An extended rally would test the Second Major Resistance Level at $0.0000294 and resistance at $0.000030. The Third Major Resistance Level sits at $0.0000316. Failure to move through the pivot would bring the First Major Support Level at $0.0000258 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.0000255 levels. The Second Major Support Level sits at $0.0000249. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 50-day EMA at $0.0000264. This morning, the 50-day EMA widened from the 100-day EMA. The 100-day EMA pulled away from the 200-day EMA after last week’s bullish cross. Holding above the 50-day EMA would bring $0.000030 levels into play. This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and ETH Show Bearish Signs, LUNA Could Surge Above $125 USD/CAD Tries To Rebound After Testing Support At 1.2400 Why Peloton Stock Is Down By 4% Today Silver Bounces From 50 Day EMA Gold Markets Continue to Find Buyers European Commission Seeks Industry Experts For Digital Euro Consultation', '• It was a bullish session for DOGE and SHIB on Tuesday, with DOGE and SHIB bucking the broader market trend.\n• News of Elon Musk taking a seat at the Twitter board led to a DOGE breakout.\n• News of Bitcoin of America adding SHIB to its Bitcoin ATMs across the U.S delivered SHIB support.\nIt was a bullish day forDOGEandSHIBon Tuesday.\nSHIB managed to shrug offcryptomarket forces, with Bitcoin of America news providing support. Elon Musk delivered a DOGE breakout for a second consecutive day.\nFollowing a 1.30% gain on Monday, DOGE jumped by 16.17% to end the day at $0.1724. SHIB partially reversed a 1.38% loss with a 1.13% gain to end the day at $0.00002675.\nIt was a bearish session for the crypto top 10, however.\nAVAXslid by 5.32%, withSOL(-4.00%),ADA(-3.46%), andETH(-3.23%) also struggling.\nLUNA(-0.02%),BNB(-0.84%), andXRP(-1.12%) saw relatively modest losses.\nBTCended the day with a 2.38% loss.\nFollowing Monday’s news of Elon Musk holding a 9.2% stake in Twitter (TWTR), there was more DOGE positive news.\nOn Tuesday, Twitter announced Elon Musk’s seat on the Twitter board. In response to the announcement, Musk took to Twitter saying,\n“Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!”\nIn March, wereportedElon Musk tweeting whether Twitter fails to support free speech. Suggestions of Elon Musk buying Twitter and changing the logo to the DOGE delivered DOGE price support at the time.\nThe markets are expecting swift changes following Musk’s seat at the table. On Monday, Twitter’s share price surged by 27.12% in response to news of Musk’s shareholding. Twitter found further support on Tuesday, rising by 2.02% amidst a broad-based tech sell-off that left the NASDAQ 100 down 2.26%.\nOn Tuesday, news of Bitcoin of America adding SHIB to its Bitcoin ATMs (BTMS) delivered SHIB support.\nBitcoin of America took to Twitter on Tuesday, tweeting,\n“We asked…you answered! Shiba Inu is NOW available at Bitcoin of America BTMS.”\nAt the time of writing, DOGE was up by 0.29% to $0.1729.\nDOGE will need to avoid the day’s $0.1664pivotto make a run on the First Major Resistance Level at $0.1856. DOGE would need the broader crypto market to support a move to $0.18 levels.\nAn extended rally would test the Second Major Resistance Level at $0.1987 and resistance at $0.20. The Third Major Resistance Level sits at $0.2310.\nA fall through the pivot would test the First Major Support Level at $0.1533. Barring an extended sell-off, DOGE should steer clear of sub-$0.1500 levels. The Second Major Support Level sits at $0.1341.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 50-day EMA, currently at $0.1467. This morning, 50-day EMA pulled away from the 100-day EMA. The 100-day EMA pulled away from the 200-day EMA after last week’s bullish cross; DOGE positive.\nHolding above the 50-day EMA would support a move back through to $0.20.\nAt the time of writing, SHIB was down by 0.07% to $0.00002673.\nSHIB will need to move through the day’s $0.0000271pivotto make a run on the First Major Resistance Level at $0.0000281. SHIB would need the broader crypto market to break back to $0.000028 levels.\nAn extended rally would test the Second Major Resistance Level at $0.0000294 and resistance at $0.000030. The Third Major Resistance Level sits at $0.0000316.\nFailure to move through the pivot would bring the First Major Support Level at $0.0000258 into play. Barring an extended sell-off, SHIB should steer clear of sub-$0.0000255 levels. The Second Major Support Level sits at $0.0000249.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. SHIB sits above the 50-day EMA at $0.0000264. This morning, the 50-day EMA widened from the 100-day EMA. The 100-day EMA pulled away from the 200-day EMA after last week’s bullish cross.\nHolding above the 50-day EMA would bring $0.000030 levels into play.\nThisarticlewas originally posted on FX Empire\n• Bitcoin and ETH Show Bearish Signs, LUNA Could Surge Above $125\n• USD/CAD Tries To Rebound After Testing Support At 1.2400\n• Why Peloton Stock Is Down By 4% Today\n• Silver Bounces From 50 Day EMA\n• Gold Markets Continue to Find Buyers\n• European Commission Seeks Industry Experts For Digital Euro Consultation', 'Block disclosed today that a security breach involving a former employee impacts 8.2 million Cash App users. In an SEC filing , the company reported that an ex-employee on December 10th downloaded a number of reports with information on customer information. The exfiltrated data included full names, brokerage account numbers, brokerage portfolio value, brokerage portfolio holdings and reports of stock trading activity. According to the filing, only customers that used Cash App’s stock function are potentially included in the breach **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: 2022-04-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $853,178,009,770 - Hash Rate: 213161283.28157085 - Transaction Count: 273640.0 - Unique Addresses: 666088.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: EUR/USDis currently trying to settle below the support level at 1.1300 while the U.S. dollar is moving higher against a broad basket of currencies. The U.S. Dollar Index attempts to settle above 96.25. In case the U.S. Dollar Index manages to settle above the resistance at 96.25, it will head towards the resistance at 96.50, which will be bearish for EUR/USD. There are no important economic reports scheduled to be released in the EU today, so foreign exchange market traders will focus on the reports from the U.S. The flash readings of PMI reports for February will likely serve as the key drivers today. Analysts expect thatManufacturing PMIincreased from 55.5 in January to 56 in February whileServices PMIgrew from 51.2 to 53. Traders will also monitor the developments in U.S. government bond markets as rising geopolitical tensions boost demand for the safe-haven Treasuries, pushing their yields lower. In case Treasury yields continue to move lower, the U.S. dollar may find itself under some pressure. EUR/USD is testing the support level at 1.1300. In case EUR/USD manages to settle below this level, it will move towards the support level at 1.1270, although it may also get some support near 1.1285. RSI remains in the moderate territory, and there is plenty of room to gain additional downside momentum in case the right catalysts emerge. If EUR/USD declines below the support at 1.1270, it will head towards the next support level at 1.1230. On the upside, the previous support level at 1.1330 will serve as the first resistance level for EUR/USD. If EUR/USD gets above this level, it will move towards the resistance, which is located near the 50 EMA and the 20 EMA at 1.1345. A move above the 50 EMA will indicate that EUR/USD will try to gain sustainable upside momentum. In this scenario, EUR/USD will move towards the resistance at 1.1370. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Intel Unveils new Bitcoin (BTC) Asic Miner • Indian Police Arrest 11 for Crypto Scam Worth $5.4 Million • Daily Gold News: Tuesday, Feb. 22 – Gold Reached New Highs Amid Russia-Ukraine News • FTX Crypto Exchange Launching Gaming Unit to Encourage NFT Adoption • For Big Money, Bruker Corporation Passes Test • A Dogecoin-Inspired Virtual Restaurant Opens in Dubai... - 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 Gina Lee\nInvesting.com – The dollar was hovering near a two-year high on Thursday after the U.S. Federal Reserve maintained its hawkish stance in its latestlatest meeting minutes.\nThe U.S. Dollar Index that tracks the greenback against a basket of other currencies was at 99.605 by 11:59 PM ET (3:59 AM GMT). The index hit its highest level since May 2020 overnight at 99.778.\nThe USD/JPY pair was little changed at 123.7.\nThe AUD/USD pair was down 0.43% to 0.7481, while the NZD/USD pair was down 0.36% to 0.6897.\nThe USD/CNY pair inched up 0.04% to 6.3622 and the GBP/USD pair ticked up to 1.3076.\nCommodity currencies retreated from their recent highs as oil prices fell. The euro recovered to $1.0911 in Asian trading after hitting a one-month low of $1.0874.\n"Many" policymakers are prepared to hike interest rates in 50-basis-point increments at coming meetings., the Fed’s minutes from its March meeting showed on Wednesday. The minutes also showed general agreement about trimming $95 billion a month from asset holdings which had ballooned during the COVID-19 pandemic.\nAlthough the minutes’ content was widely within expectations, the Fed’s determination to begin as soon as May 2022 was a jolt to investors and is likely to keep the dollar elevated.\n"The market has been slow to accept the reality that quantitative tightening is coming much sooner than previously expected," Spectra Markets’s Brent Donnelly told Reuters.\n"This should keep stocks heavy and the dollar supported into the May 4th Fed meeting," he added.\nAcross the Atlantic, the European Central Bank (ECB) will release theminutes from its own latest meetinglater in the day. Although expected to take a less hawkish stance than its U.S. counterpart, the ECB must also strike the balance between managing high inflation and preventing a recession.\nHowever, China is taking the opposite approach, as it reiterated its intention to loosen monetary policy to help combat its latest COVID-19 outbreak and a slumping property market. The readout from a State Council meeting chaired by Premier Li Keqiang on Wednesday said that officials will use monetary policy tools at an “appropriate time” and consider other measures to boost consumption.\nThe broad selling of equities and other risk assets as higher interest rates loom also hurt cryptocurrencies. Bitcoin fell 5% overnight to $43,000.\nRelated Articles\nDollar Down, but Near Two Year High as Fed’s Hawkish Stance Caps Losses\nDollar holds near 2-year highs after Fed aids greenback bulls\nDollar Drops From Two-Year High; Euro Bounces Off New Lows', 'By Gina Lee Investing.com – The dollar was hovering near a two-year high on Thursday after the U.S. Federal Reserve maintained its hawkish stance in its latest latest meeting minutes . The U.S. Dollar Index that tracks the greenback against a basket of other currencies was at 99.605 by 11:59 PM ET (3:59 AM GMT). The index hit its highest level since May 2020 overnight at 99.778. The USD/JPY pair was little changed at 123.7. The AUD/USD pair was down 0.43% to 0.7481, while the NZD/USD pair was down 0.36% to 0.6897. The USD/CNY pair inched up 0.04% to 6.3622 and the GBP/USD pair ticked up to 1.3076. Commodity currencies retreated from their recent highs as oil prices fell. The euro recovered to $1.0911 in Asian trading after hitting a one-month low of $1.0874. "Many" policymakers are prepared to hike interest rates in 50-basis-point increments at coming meetings., the Fed’s minutes from its March meeting showed on Wednesday. The minutes also showed general agreement about trimming $95 billion a month from asset holdings which had ballooned during the COVID-19 pandemic. Although the minutes’ content was widely within expectations, the Fed’s determination to begin as soon as May 2022 was a jolt to investors and is likely to keep the dollar elevated. "The market has been slow to accept the reality that quantitative tightening is coming much sooner than previously expected," Spectra Markets’s Brent Donnelly told Reuters. "This should keep stocks heavy and the dollar supported into the May 4th Fed meeting," he added. Across the Atlantic, the European Central Bank (ECB) will release the minutes from its own latest meeting later in the day. Although expected to take a less hawkish stance than its U.S. counterpart, the ECB must also strike the balance between managing high inflation and preventing a recession. However, China is taking the opposite approach, as it reiterated its intention to loosen monetary policy to help combat its latest COVID-19 outbreak and a slumping property market. The readout from a State Council meeting chaired by Premier Li Keqiang on Wednesday said that officials will use monetary policy tools at an “appropriate time” and consider other measures to boost consumption. Story continues The broad selling of equities and other risk assets as higher interest rates loom also hurt cryptocurrencies. Bitcoin fell 5% overnight to $43,000. Related Articles Dollar Down, but Near Two Year High as Fed’s Hawkish Stance Caps Losses Dollar holds near 2-year highs after Fed aids greenback bulls Dollar Drops From Two-Year High; Euro Bounces Off New Lows', '• A Wednesday sell-off left Bitcoin (BTC) down 5.11%.\n• Hawkish FOMC meeting minutes left the U.S equity markets and the broader crypto market in the red.\n• Technical indicators are bearish, with BTC sitting below the 200-day EMA.\nOn Wednesday, Bitcoin (BTC) slid by 5.11%. Following a 2.38% loss from Tuesday, BTC ended the day at $43,178.\nBearish from the start of the day, Bitcoin slid from an early morning high of $45,518 to a final hour intraday low of $43,130.\nThe reversal saw Bitcoin fall through the day’s First Major Support Level at $44,861 and the Second Major Support Level at $44,219.\nIt was also a bearish session for the rest of the crypto top 10.\nSOL(-11.00%) andADA(-10.08%) led the way down, withAVAX(-8.76%),ETH(-7.00%),LUNA(-7.16%), andXRP(-7.03%) also seeing heavy losses.\nBNBfell by a more modest 5.51%.\nFollowing Tuesday’s pullback to 48/100, the Bitcoin Fear & Greed Index tumbled to 34/100 on Wednesday.\nThe slide saw the index fall into the ‘Fear Zone’, as the markets reacted to the overnight FOMC meeting minutes.\nOn Wednesday, the FOMC meeting minutesrevealedthe FED’s plans to reduce the balance sheet by $95bn per month. The markets responded negatively, with interest rates on the rise and an aggressive balance sheet reduction plan now in play.\nAcross the U.S equity markets, the NASDAQ 100 followed Tuesday’s 2.26% loss with a 2.22% decline.\nFor a Bitcoin move through to $50,000, the index would need to return to 54/100 and the ‘Greed’ zone.\nAt the time of writing, Bitcoin was up by 0.84% to $43,540. A mixed start to the day saw Bitcoin fall to an early morning low of $43,129 before striking a high of $43,561.\nBitcoin will need to move through the day’s $43,940pivotto make a run on the First Major Resistance Level at $44,754. Bitcoin would need broader market support to return to $44,500 levels.\nIn the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $46,333 and resistance at $46,500. The Third Major Resistance Level sits at $48,718.\nFailure to move through the pivot would bring the First Major Support Level at $42,360 into play. Barring another extended sell-off, Bitcoin should avoid sub-$42,000. The Second Major Support Level sits at $41,558.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 200-day EMA, currently at $43,592. This morning, the 50-day EMA narrowed to the 100-day EMA, testing support. The 100-day EMA narrowed to the 200-day EMA, which was BTC negative.\nA move back through the 200-day EMA would support a return to $45,000 levels.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Pulled Back to the 50 Day EMA\n• AMC Price Update – Dropping Below $20.00 Could Trigger Broader Collapse\n• Gold Prices Consolidate as Yields Surge\n• DOGE Retraces Tuesday’s Twitter Breakout with a FED Fueled 16.8% Slump\n• Gold Markets Continue Sideways Action\n• Silver Markets Test 200 Day EMA', '• A Wednesday sell-off left Bitcoin (BTC) down 5.11%.\n• Hawkish FOMC meeting minutes left the U.S equity markets and the broader crypto market in the red.\n• Technical indicators are bearish, with BTC sitting below the 200-day EMA.\nOn Wednesday, Bitcoin (BTC) slid by 5.11%. Following a 2.38% loss from Tuesday, BTC ended the day at $43,178.\nBearish from the start of the day, Bitcoin slid from an early morning high of $45,518 to a final hour intraday low of $43,130.\nThe reversal saw Bitcoin fall through the day’s First Major Support Level at $44,861 and the Second Major Support Level at $44,219.\nIt was also a bearish session for the rest of the crypto top 10.\nSOL(-11.00%) andADA(-10.08%) led the way down, withAVAX(-8.76%),ETH(-7.00%),LUNA(-7.16%), andXRP(-7.03%) also seeing heavy losses.\nBNBfell by a more modest 5.51%.\nFollowing Tuesday’s pullback to 48/100, the Bitcoin Fear & Greed Index tumbled to 34/100 on Wednesday.\nThe slide saw the index fall into the ‘Fear Zone’, as the markets reacted to the overnight FOMC meeting minutes.\nOn Wednesday, the FOMC meeting minutesrevealedthe FED’s plans to reduce the balance sheet by $95bn per month. The markets responded negatively, with interest rates on the rise and an aggressive balance sheet reduction plan now in play.\nAcross the U.S equity markets, the NASDAQ 100 followed Tuesday’s 2.26% loss with a 2.22% decline.\nFor a Bitcoin move through to $50,000, the index would need to return to 54/100 and the ‘Greed’ zone.\nAt the time of writing, Bitcoin was up by 0.84% to $43,540. A mixed start to the day saw Bitcoin fall to an early morning low of $43,129 before striking a high of $43,561.\nBitcoin will need to move through the day’s $43,940pivotto make a run on the First Major Resistance Level at $44,754. Bitcoin would need broader market 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: 2022-04-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $827,045,208,681 - Hash Rate: 196108380.6190452 - Transaction Count: 269404.0 - Unique Addresses: 677721.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.34 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Jakub Porzycki/NurPhoto/Shutterstock Jack Dorsey’s company Block (ex-Square) is under investigation by the Consumer Financial Protection Bureau (CFPB), as well as by Attorneys General from multiple states, in relation to customers’ complaints about its digital wallet, Cash App . See: Jack Dorsey, Elon Musk and 21 More CEOs Who Changed How We Live Find: Cash App vs. Venmo: Which Is Better? “We are cooperating with the CFPB and the state Attorneys General in connection with these CIDs [Civil Investigative Demands]. During the three months ended December 31, 2021, we accrued a non-material loss reserve in connection with the CFPB CIDs. Given the status of these matters, it is not possible to reliably determine the potential liability, if any, or reliably estimate the range of any potential liability in excess of the accrued amounts, that could result from these investigations,” Block said in a recent Securities and Exchange Commission (SEC) filing. Cash App enables customers to send and receive money, pay, and invest in stocks and Bitcoin. In December, just a few days after Twitter CEO Dorsey announced he was stepping down, it was revealed that his other public company will undergo a major name change. Square announced on Dec. 1, 2021, that it is changing its name to Block to acknowledge the enterprise’s growth. The name will represent the company as a corporate entity, according to a statement at the time. In January, the company bought Afterpay, providing “Buy Now, Pay Later” (BNPL) functionality to customers, according to a press release. See: How To Get Free Money on Cash App Find: CFPB Launches Probe To Review Buy Now, Pay Later Practices “ We’re excited to welcome the Afterpay team to Block and are eager to get to work ,” Dorsey said in the release. “Together, we’ll deliver even better products and services for sellers and consumers while staying true to our shared purpose of making the financial system more fair and accessible to everyone.” More From GOBankingRates Experts: Here's How Much You Should Have In Your Checking Account 22 Side Gigs That Can Make You Richer Than a Full-Time Job What To Do With Your Money During High Inflation 12 Expenses Successful People Don't Waste Time or Money On This article originally appeared on GOBankingRates.com : Jack Dorsey’s Block Under Investigation Over Cash App Customer Support... - Reddit Posts (Sample): [['u/BushyOreo', 'Coinbase just announced 0 fees to spend crypto with their crypto debit card and rotating rewards', 228, '2022-04-07 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/', 'Just got an email from coinbase stating they are offering 0 fees now to spend crypto starting today. Previously there has been a 2.49% fee to use crypto that WASNT USDC which made it not as nice to use anything that wasn\'t USDC since that had a 0% fee.\n\nI personally will stick with USDC since I plan on my crypto going up and I don\'t want to spend it now but more options are always nice.\n\nAlso they announced "rotating rewards". They state every month starting mid April, 3 reward options will be picked to give 4% cashback in that crypto and will change each month.\n\nI\'m unsure if this a good or bad thing yet since I already get 4% cashback in XLM and just convert it to my crypto of choice but I guess we will see how this plays out. It sounds like you will need to select your reward each month also when it changes otherwise coinbase will auto select it for you "based on the best asset to earn the highest rate". This could be a good thing if they offer like 4% cashback in btc or eth so I can save the small fee of converting my XLM. Could also be a bad thing though if the coin of choice for the month is a shit coin.', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/', 'txxu3f', [['u/BushyOreo', 17, '2022-04-07 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3os53z/', 'Their crypto card is the main thing I like about the exchange', 'txxu3f'], ['u/TruthSeeekeer', 33, '2022-04-07 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3os7a5/', 'Making good moves while Crypto.com seems to be cutting back on everything', 'txxu3f'], ['u/BushyOreo', 11, '2022-04-07 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3ot568/', "Pretty much. I would fully use coinbase if they had decent staking options but there isn't much there. Currently, I use cdc for staking and coinbase for everything else", 'txxu3f'], ['u/the_moosen', 25, '2022-04-07 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3oxcv7/', "#Rotating 4% cashback on shit coins\n\nEdit: Assuming going forward they'll be doing 4% on whatever the latest CB earn coin is versus 4% on XLM or AMP like it is currently", 'txxu3f'], ['u/J-Pinder', 45, '2022-04-07 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3oxp5m/', 'I\'m not looking forward to this at all. There is NO way this is an "exciting" change! I prefer the 4% back in a crypto that I actually want, and don\'t want the hassle requirement of selling random other coins in taxable transactions just to shift it back into my preferred coin/token. Using USDC or USD has been simple, and also gained 0.15% APY on that balance. Things have worked great up until now, and I\'m still hopeful this card\'s rewards will work well into the future... but I do NOT like this change so far. If things slide down toward 1% rewards, I have much better cards to use.', 'txxu3f'], ['u/Ace-of-Spades88', 81, '2022-04-07 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3p0cha/', 'Not a fan of rotating rewards categories.', 'txxu3f'], ['u/BushyOreo', 10, '2022-04-07 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3p0m9y/', "You shouldn't be putting money on there you don't plan on spending anyways. There is better places if your are looking for staking rates.\n\nI treat the card as a checking account essentially that gives 0.15% apy and 4% cashback which is better than any bank's checking account and credit card i know about. Then I also stake the rest of my money elsewhere earning 10% as my savings account", 'txxu3f'], ['u/dinkum_flicka', 15, '2022-04-07 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3p0nc0/', 'I use this card as my only debit card now I truly love the 4% haha', 'txxu3f'], ['u/BushyOreo', 11, '2022-04-07 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3p0vfi/', 'Same. I been using it for 9 months and have earned $1450 in cashback alone', 'txxu3f'], ['u/monk8919', 15, '2022-04-07 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3p3tfw/', 'I really hope they don’t change the 4% back in GRT/AMP for every purchase and do some rotating category thing. That would\nMake me lose interest in the card', 'txxu3f'], ['u/ghost18867', 11, '2022-04-07 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3pf6ke/', 'Which is a taxable event. Have fun this time next year', 'txxu3f'], ['u/dragononawagon', 11, '2022-04-07 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3pgfle/', 'If you just immediately convert after purchase you’re not liable for taxes on that swap. Rewards are basically considered “rebates” on money you already spent, so your cost basis is price at time of purchase and by converting immediately your gain is 0', 'txxu3f'], ['u/pattycakes999', 17, '2022-04-07 03:52', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3pjj7n/', 'Lol coinbase literally prints an 8459 for you, it’s not rocket science.', 'txxu3f'], ['u/shostakofiev', 21, '2022-04-07 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/txxu3f/coinbase_just_announced_0_fees_to_spend_crypto/i3pldpf/', 'Agreed. It just complicates paperwork.', 'txxu3f']]], ['u/gigabyteIO', '"The spigots of capital are going to flood into this sector like you\'ve never seen and so for those of us that can invest in it now you\'re getting ahead of what\'s going to be a huge wave of interest when policy occurs. I predict in the next 10 years crypto will be the 12th sector of the s&p"-O\'Leary', 42, '2022-04-07 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/txy48v/the_spigots_of_capital_are_going_to_flood_into/', "Kevin O'Leary gave a keynote at the Bitcoin Conference today in Miami and had tons of amazing things to say. I definitely recommend listening to the whole thing.\n\nCheck it out here: [https://www.youtube.com/watch?v=UgoZGn6Y74g](https://www.youtube.com/watch?v=UgoZGn6Y74g)\n\nFirst part of his speech:\n\n>Thank you everybody, i want to talk about indexing for a moment. Bow many of you know what that is if you're an institution, but let's say you're a very very wealthy middle east sovereign fund and you're managing i don't know 500 billion dollars and you don't need any more oil as an investment because you've already got that in the ground so you go to an indexer like me and say look give me the s&p less energy less airlines and that's what indexers do. So we as an industry get to see fund flows 24/7 every day and there are billions of dollars out there waiting for policy because for all the excitement about bitcoin, for all the excitement about crypto, for all of the wonderful productivity these products and blockchain and everything that's promised that you're going to be hearing about the next three days these massive pools of capital these trillion dollar pools own practically nothing. It's the purvey of high net worth individuals, hedge funds, and retail investors and that's okay but what we're missing is policy when we get policy and the regulator regulates that's not a negative thing. The spigots of capital are going to flood into this sector like you've never seen and so for those of us that can invest in it now you're getting ahead of what's going to be a **huge wave of interest when policy occurs.** i predict in the next 10 years that crypto, blockchain, bitcoin, all of this innovation will be the 12th sector of the s&p. Now why do i say that, because bitcoin is not a coin it's software, ethereum is software, avalanche is software, helium is software, solana is software, it's all software and the smartest hands-over keyboards today in the world are developing on the chain and bringing innovation to financial services which in the end is the largest sector on earth. Now what we need is policy, we need government to catch up with us so that we don't lose leadership in america to this very important 12th sector of the economy. \n\nWhat do you guys think? Is he right? I personally think he made tons of great points and am super excited to see where crypto is in the next 10 years.", 'https://www.reddit.com/r/CryptoCurrency/comments/txy48v/the_spigots_of_capital_are_going_to_flood_into/', 'txy48v', [['u/GuayabaTree', 17, '2022-04-07 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/txy48v/the_spigots_of_capital_are_going_to_flood_into/i3ovp2i/', 'Just wants to pump his bags like anyone else', 'txy48v']]], ['u/Catalytic_Mind', "Train is about to take off. Don't FOMO later. This will easily go over 6c!!", 36, '2022-04-07 01:40', 'https://www.reddit.com/r/JasmyToken/comments/txziy4/train_is_about_to_take_off_dont_fomo_later_this/', "I bought considerable amount of Jasmy at $0.0112/jasmy and after Binance tournament, it got as high as 0.049, almost x5. My only regret back then was that I didn't put $100K+ money into it, thinking that it may go below 0.01.\n\nI will say last Binance tournament in March did push the price high and this time, it will be just as well this time.\n\nBack then, when Bitcoin and its pals were struggling, Ja... Based 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:** ['Billionaire venture capitalist Peter Thiel pulled a $100 bill from his pocket and handed it to a lucky person among a group of eager people in the front row for his keynote Bitcoin 2022 speech. He then compared the U.S. currency to \x93toilet paper.\x94 That exemplified the kind of potent energy Thursday in the Miami Beach Convention Center during the first official day of what\x92s touted as the biggest Bitcoin conference in the world. It runs through Saturday and is expected to draw 30,000 people. Upon arrival at the convention center, attendees are greeted at the front doors by the giant Miami Bull , a 3,000-pound futuristic statue modeled after Wall Street\x92s iconic Charging Bull. Cryptocurrency experts, enthusiasts and investors all circulated in a jubilant manner as they discussed market trends and ways to trade digital currency in Miami, a city that has emerged as a tech hub during the pandemic. With an estimated worth of $5.3 billion, Thiel was clearly the star of the show Thursday. Before starting his venture capital firm Founders Fund, he and a partner started money-exchange platform PayPal. During a 20-minute speech, Thiel, who was born in Germany in 1967 and after a Stanford University education briefly worked as a corporate lawyer before becoming an investor, gave a brief U.S. economic history. He delved into the 1970s, a period during which gold, cash and other investments were of minimal value. He compared gold\x92s potential then and its reemergence in recent years as a popular form of investment, to Bitcoin\x92s current status. The audience of several hundred people roared in support. \x93We are at the end of the fiat money regime,\x94 he declared. \x93Central bankers should be grateful to Bitcoin, because it\x92s the last warning they\x92re going to get that they\x92ve chosen to ignore, and they will have to pay the consequences for that in the years ahead.\x94 Thiel expressed disdain for crypto \x93enemies,\x94 such as Berkshire Hathaway CEO Warren Buffett, calling him \x93a sociopathic grandpa from Omaha\x94 and corporate chieftains like JPMorgan Chase CEO Jamie Dimon . Buffett recently called Bitcoin \x93rat poison.\x94 He considers Buffett and Dimon\x92s digital currency aversion to be a \x93deeply political choice.\x94 Story continues Thiel, who paid $18 million in January 2021 for a 10,000-square-foot mansion on Miami Beach, has recently made waves in Florida\x92s political circles as an ardent financial supporter of the Republican Party. While he did not speak about his political contributions and Sunshine State fundraising efforts, Thiel boasted about cryptocurrency\x92s potential to supersede government interference. Many of the conference\x92s attendees listening to him seemed closer to the Everyman than Thiel in their financial stature. That did not keep them from holding on to his every word. He\x92s known to have devotees and a mystique about him that was apparent Thursday. Thiel\x92s comments deriding potential regulation were timely given renewed talk in Congress to place guardrails around the trading of crypto like the popular Bitcoin.', 'Billionaire venture capitalist Peter Thiel pulled a $100 bill from his pocket and handed it to a lucky person among a group of eager people in the front row for his keynote Bitcoin 2022 speech. He then compared the U.S. currency to \x93toilet paper.\x94 That exemplified the kind of potent energy Thursday in the Miami Beach Convention Center during the first official day of what\x92s touted as the biggest Bitcoin conference in the world. It runs through Saturday and is expected to draw 30,000 people. Upon arrival at the convention center, attendees are greeted at the front doors by the giant Miami Bull , a 3,000-pound futuristic statue modeled after Wall Street\x92s iconic Charging Bull. Cryptocurrency experts, enthusiasts and investors all circulated in a jubilant manner as they discussed market trends and ways to trade digital currency in Miami, a city that has emerged as a tech hub during the pandemic. With an estimated worth of $5.3 billion, Thiel was clearly the star of the show Thursday. Before starting his venture capital firm Founders Fund, he and a partner started money-exchange platform PayPal. During a 20-minute speech, Thiel, who was born in Germany in 1967 and after a Stanford University education briefly worked as a corporate lawyer before becoming an investor, gave a brief U.S. economic history. He delved into the 1970s, a period during which gold, cash and other investments were of minimal value. He compared gold\x92s potential then and its reemergence in recent years as a popular form of investment, to Bitcoin\x92s current status. The audience of several hundred people roared in support. \x93We are at the end of the fiat money regime,\x94 he declared. \x93Central bankers should be grateful to Bitcoin, because it\x92s the last warning they\x92re going to get that they\x92ve chosen to ignore, and they will have to pay the consequences for that in the years ahead.\x94 Thiel expressed disdain for crypto \x93enemies,\x94 such as Berkshire Hathaway CEO Warren Buffett, calling him \x93a sociopathic grandpa from Omaha\x94 and corporate chieftains like JPMorgan Chase CEO Jamie Dimon . Buffett recently called Bitcoin \x93rat poison.\x94 He considers Buffett and Dimon\x92s digital currency aversion to be a \x93deeply political choice.\x94 Story continues Thiel, who paid $18 million in January 2021 for a 10,000-square-foot mansion on Miami Beach, has recently made waves in Florida\x92s political circles as an ardent financial supporter of the Republican Party. While he did not speak about his political contributions and Sunshine State fundraising efforts, Thiel boasted about cryptocurrency\x92s potential to supersede government interference. Many of the conference\x92s attendees listening to him seemed closer to the Everyman than Thiel in their financial stature. That did not keep them from holding on to his every word. He\x92s known to have devotees and a mystique about him that was apparent Thursday. Thiel\x92s comments deriding potential regulation were timely given renewed talk in Congress to place guardrails around the trading of crypto like the popular Bitcoin.', 'Billionaire venture capitalist Peter Thiel pulled a $100 bill from his pocket and handed it to a lucky person among a group of eager people in the front row for his keynote Bitcoin 2022 speech. He then compared the U.S. currency to \x93toilet paper.\x94 That exemplified the kind of potent energy Thursday in the Miami Beach Convention Center during the first official day of what\x92s touted as the biggest Bitcoin conference in the world. It runs through Saturday and is expected to draw 30,000 people. Upon arrival at the convention center, attendees are greeted at the front doors by the giant Miami Bull , a 3,000-pound futuristic statue modeled after Wall Street\x92s iconic Charging Bull. Cryptocurrency experts, enthusiasts and investors all circulated in a jubilant manner as they discussed market trends and ways to trade digital currency in Miami, a city that has emerged as a tech hub during the pandemic. With an estimated worth of $5.3 billion, Thiel was clearly the star of the show Thursday. Before starting his venture capital firm Founders Fund, he and a partner started money-exchange platform PayPal. During a 20-minute speech, Thiel, who was born in Germany in 1967 and after a Stanford University education briefly worked as a corporate lawyer before becoming an investor, gave a brief U.S. economic history. He delved into the 1970s, a period during which gold, cash and other investments were of minimal value. He compared gold\x92s potential then and its reemergence in recent years as a popular form of investment, to Bitcoin\x92s current status. The audience of several hundred people roared in support. \x93We are at the end of the fiat money regime,\x94 he declared. \x93Central bankers should be grateful to Bitcoin, because it\x92s the last warning they\x92re going to get that they\x92ve chosen to ignore, and they will have to pay the consequences for that in the years ahead.\x94 Thiel expressed disdain for crypto \x93enemies,\x94 such as Berkshire Hathaway CEO Warren Buffett, calling him \x93a sociopathic grandpa from Omaha\x94 and corporate chieftains like JPMorgan Chase CEO Jamie Dimon . Buffett recently called Bitcoin \x93rat poison.\x94 He considers Buffett and Dimon\x92s digital currency aversion to be a \x93deeply political choice.\x94 Story continues Thiel, who paid $18 million in January 2021 for a 10,000-square-foot mansion on Miami Beach, has recently made waves in Florida\x92s political circles as an ardent financial supporter of the Republican Party. While he did not speak about his political contributions and Sunshine State fundraising efforts, Thiel boasted about cryptocurrency\x92s potential to supersede government interference. Many of the conference\x92s attendees listening to him seemed closer to the Everyman than Thiel in their financial stature. That did not keep them from holding on to his every word. He\x92s known to have devotees and a mystique about him that was apparent Thursday. Thiel\x92s comments deriding potential regulation were timely given renewed talk in Congress to place guardrails around the trading of crypto like the popular Bitcoin.', '(Bloomberg) -- Elon Musk, who was added to Twitter Inc.\x92s board after accumulating a stake in the social network, will join Chief Executive Officer Parag Agrawal at a company all-hands meeting next week to address employee questions. Most Read from Bloomberg Putin Says Ukraine Talks \x91at Dead End\x92, Vows to Pursue War Ukraine Update: Polish and Baltic Presidents Set to Visit Kyiv NYC Names Person of Interest as Subway Shooter Remains at Large U.S. Pullout of Locked-Down Shanghai Deepens China Tensions Joke No More: Shiba Inu Is Among Four Crypto Tokens Listed on Robinhood Agrawal will host 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: 2022-04-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $828,238,020,750 - Hash Rate: 190424079.73153663 - Transaction Count: 266805.0 - Unique Addresses: 685851.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.37 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin miners fled China in 2021 following a state crackdown (Getty) Bitcoin ’s network is producing a similar level of CO2 emissions to the country of Greece, according to a new report assessing the cryptocurrency ’s carbon footprint. The findings contradict other studies that found bitcoin’s reliance on fossil fuels has decreased since a nationwide crackdown on bitcoin mining in China last year. The state ban saw mining operations – the energy-intensive process required to generate new units of bitcoin – shift to other countries, with the United States and Kazakhstan seeing the biggest rise in crypto mining. China’s reliance on fossil fuels – roughly 60 per cent of the country’s electricity generation comes from coal-powered sources – led to the assumption that the shift would be positive in relation to bitcoin’s carbon footprint. But according to the latest article, published today in the journal Joule , the share of renewables that power the cryptocurrency’s network decreased from 41.6 per cent to 25.1 per cent following China’s clampdown. “The hydropower miners had access to in China has mainly been replaced by natural gas in the US. This, and the fact that coal from Kazakhstan is much dirtier than Chinese coal, has increased the carbon intensity of mining by around 17 per cent,” Alex de Vries, one of the article’s authors, told The Independent . “We estimate bitcoin could be responsible for 65.4 megatonnes of CO2 annually, which is comparable to country-level emissions in Greece.” Limitations in the data used to assess bitcoins environmental impact mean there are “uncertainties in estimating emissions”, the report notes. It also acknowledges that mining pool data is made even more uncertain by the fact that some miners may use virtual private networks (VPNs) to disguise their activities in countries that are hostile to crypto mining. “Furthermore, emission factors remain a key source of uncertainty in estimates of cryptocurrency emissions,” the report stated. “As there is often a time lag of one to two years until emission factors are published, emission factors over 2019 were used as a proxy for 2021 emission factors.” Story continues The latest estimates add to a divisive debate surrounding bitcoin’s environmental impact, with advocates pointing to an increasing number of new bitcoin mining operations relying on renewable energy sources . The Bitcoin Mining Council (BMC), which was set up by Elon Musk and other leading tech figures in 2021 following outcry against bitcoin’s CO2 footprint, recently reported that the global bitcoin mining industry is increasingly switching to renewable energy sources. “Estimated sustainable energy mix was 58.5 per cent,” said MicroStrategy CEO Michael Saylor following the publication of the BMC’s latest report last month. “This quarter [Q4 2021] we saw the trend continue with dramatic improvements to bitcoin mining energy efficiency and sustainability due to advances in semiconductor technology, the rapid expansion of North American mining, the China exodus, and worldwide rotation toward sustainable energy and modern mining techniques.” The Crypto Climate Accord, a private sector-led initiative launched last April, has also committed to increase the use of renewable electricity for mining operations to 100 per cent by 2030. “For cryptocurrencies to succeed in mainstream finance, users, investors, and other stakeholders must collectively shift incentives toward the use of more renewable electricity sources in networks to overcome environmental issues,” the latest report concluded. “If this transition succeeds, cryptocurrencies may provide valuable lessons for other industries and processes that face similar environmental issues.”... - 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:** ['Ukrainian President Volodymyr Zelensky will be a guest on "60 Minutes" on CBS. (Ronaldo Schemidt / AFP via Getty Images) The prime-time TV grid is on hiatus in print. You can find more TV coverage at: latimes.com/whats-on-tv . CBS News Sunday Morning (N) 6 a.m. KCBS; 10 a.m. KCAL Good Morning America (N) 6 a.m. KABC State of the Union Rep. Liz Cheney (R-Wyo.); Ursula von der Leyen, president of the European Commission; Justin Trudeau, prime minister of Canada; Hugh Evans, Global Citizen; former CIA director David Petraeus. (N) 6 and 9 a.m. CNN Fareed Zakaria GPS Russia and accusations of war crimes: Former British Prime Minister Gordon Brown. How Russians see the war in Ukraine: Masha Gessen, the New Yorker. Europe buying Russian energy: Author Meghan O\'Sullivan ("Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America\'s Power "). (N) 7 and 10 a.m. CNN Sunday Morning Futures With Maria Bartiromo Rep. Jim Jordan (R-Ohio); U.S. Senate candidate Herschel Walker (R-Ga.); House Minority Leader Rep. Kevin McCarthy (R-Bakersfield); U.S. House candidate Cory Mills (R-Fla.). (N) 7 a.m. and noon Fox News The Sunday Show With Jonathan Capehart Pierre-Richard Prosper, former U.S. ambassador-at-large to the U.N. for war crimes; Labor Secretary Marty Walsh; Mayor Eric Adams (D-N.Y.). (N) 7 a.m. MSNBC Face the Nation National Security Advisor Jake Sullivan; Oksana Markarova, Ukraine\'s ambassador to the U.S.; former FDA commissioner Scott Gottlieb; former Secretary of Homeland Security Jeh Johnson; Loretta Mester, Federal Reserve Bank of Cleveland. (N) 7:30 a.m. and Monday, 3 a.m. KCBS Meet the Press Ukrainian Foreign Minister Dmytro Kuleba; National Security Advisor Jake Sullivan; former Treasury Secretary Larry Summers. Molly Hunter reports from Ukraine. Panel: Kimberly Atkins Stohr; Rep. Carlos Curbelo (R-Fla.); Josh Lederman; Anna Palmer. (N) 8 a.m. and 1:30 a.m. KNBC; 1 a.m. MSNB This Week With George Stephanopoulos Mayor Vitali Klitschko, Kyiv, Ukraine. National Security Advisor Jake Sullivan; Dr. Anthony Fauci. National Institute of Allergy and Infectious Disease. Panel: Chris Christie; Donna Brazile; Rick Klein; Laura Barrón-López. (N) 8 a.m. and 2 a.m. KABC Story continues Fox News Sunday Sen. Mitch McConnell (R-Ky.). House Press Secretary Jen Psaki. Panel: Brit Hume; Julie Pace, Associated Press; Harold Ford Jr.; Anchored by Dana Perino. (N) 8 a.m. KTTV; 11 a.m. and 11 p.m. Fox News Reliable Sources With Brian Stelter Twitter; Warner Bros. Discovery and NBC: Kara Swisher, the New York Times; Oliver Darcy; Claire Atkinson, Insider. The disinformation war and Russia\'s invasion of Ukraine: Anne Applebaum, the Atlantic. Abigail Disney responds to right-wing media attacks against the Walt Disney Co. Study follows viewers who stop watching Fox News: David Broockman, UC Berkeley; Joshua Kalla, Yale. (N) 8 a.m. CNN MediaBuzz Ben Domenech; Liz Claman; Dmitry Anopchenko, Ukrainian journalist; Charlie Gasparino; Richard Fowler. (N) 8 a.m. Fox News Frank Buckley Interviews Author and professor William Deverell. 4:30 p.m. and 12:35 a.m. KTLA 60 Minutes Ukrainian President Volodymyr Zelensky; a village in El Salvador with a Bitcoin economy. (N) 7 p.m. KCBS The Circus: Inside the Greatest Political Show on Earth Judge Jackson\'s confirmation vote: White House nomination advisor Minyon Moore. Midterm elections: Rep. Stephanie Murphy (D-Fla.); pollster Terrance Woodbury; Ted Lieu (D-Torrance). (N) 8 and 8:30 p.m. Showtime Updates : 5:41 p.m. April 9, 2022 : Updated guests for \x93Meet the Press\x94 on NBC and \x93This Week\x94 on ABC. This story originally appeared in Los Angeles Times .', 'Ukrainian President Volodymyr Zelensky will be a guest on "60 Minutes" on CBS. (Ronaldo Schemidt / AFP via Getty Images) The prime-time TV grid is on hiatus in print. You can find more TV coverage at: latimes.com/whats-on-tv . CBS News Sunday Morning (N) 6 a.m. KCBS; 10 a.m. KCAL Good Morning America (N) 6 a.m. KABC State of the Union Rep. Liz Cheney (R-Wyo.); Ursula von der Leyen, president of the European Commission; Justin Trudeau, prime minister of Canada; Hugh Evans, Global Citizen; former CIA director David Petraeus. (N) 6 and 9 a.m. CNN Fareed Zakaria GPS Russia and accusations of war crimes: Former British Prime Minister Gordon Brown. How Russians see the war in Ukraine: Masha Gessen, the New Yorker. Europe buying Russian energy: Author Meghan O\'Sullivan ("Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America\'s Power "). (N) 7 and 10 a.m. CNN Sunday Morning Futures With Maria Bartiromo Rep. Jim Jordan (R-Ohio); U.S. Senate candidate Herschel Walker (R-Ga.); House Minority Leader Rep. Kevin McCarthy (R-Bakersfield); U.S. House candidate Cory Mills (R-Fla.). (N) 7 a.m. and noon Fox News The Sunday Show With Jonathan Capehart Pierre-Richard Prosper, former U.S. ambassador-at-large to the U.N. for war crimes; Labor Secretary Marty Walsh; Mayor Eric Adams (D-N.Y.). (N) 7 a.m. MSNBC Face the Nation National Security Advisor Jake Sullivan; Oksana Markarova, Ukraine\'s ambassador to the U.S.; former FDA commissioner Scott Gottlieb; former Secretary of Homeland Security Jeh Johnson; Loretta Mester, Federal Reserve Bank of Cleveland. (N) 7:30 a.m. and Monday, 3 a.m. KCBS Meet the Press Ukrainian Foreign Minister Dmytro Kuleba; National Security Advisor Jake Sullivan; former Treasury Secretary Larry Summers. Molly Hunter reports from Ukraine. Panel: Kimberly Atkins Stohr; Rep. Carlos Curbelo (R-Fla.); Josh Lederman; Anna Palmer. (N) 8 a.m. and 1:30 a.m. KNBC; 1 a.m. MSNB This Week With George Stephanopoulos Mayor Vitali Klitschko, Kyiv, Ukraine. National Security Advisor Jake Sullivan; Dr. Anthony Fauci. National Institute of Allergy and Infectious Disease. Panel: Chris Christie; Donna Brazile; Rick Klein; Laura Barrón-López. (N) 8 a.m. and 2 a.m. KABC Story continues Fox News Sunday Sen. Mitch McConnell (R-Ky.). House Press Secretary Jen Psaki. Panel: Brit Hume; Julie Pace, Associated Press; Harold Ford Jr.; Anchored by Dana Perino. (N) 8 a.m. KTTV; 11 a.m. and 11 p.m. Fox News Reliable Sources With Brian Stelter Twitter; Warner Bros. Discovery and NBC: Kara Swisher, the New York Times; Oliver Darcy; Claire Atkinson, Insider. The disinformation war and Russia\'s invasion of Ukraine: Anne Applebaum, the Atlantic. Abigail Disney responds to right-wing media attacks against the Walt Disney Co. Study follows viewers who stop watching Fox News: David Broockman, UC Berkeley; Joshua Kalla, Yale. (N) 8 a.m. CNN MediaBuzz Ben Domenech; Liz Claman; Dmitry Anopchenko, Ukrainian journalist; Charlie Gasparino; Richard Fowler. (N) 8 a.m. Fox News Frank Buckley Interviews Author and professor William Deverell. 4:30 p.m. and 12:35 a.m. KTLA 60 Minutes Ukrainian President Volodymyr Zelensky; a village in El Salvador with a Bitcoin economy. (N) 7 p.m. KCBS The Circus: Inside the Greatest Political Show on Earth Judge Jackson\'s confirmation vote: White House nomination advisor Minyon Moore. Midterm elections: Rep. Stephanie Murphy (D-Fla.); pollster Terrance Woodbury; Ted Lieu (D-Torrance). (N) 8 and 8:30 p.m. Showtime Updates : 5:41 p.m. April 9, 2022 : Updated guests for \x93Meet the Press\x94 on NBC and \x93This Week\x94 on ABC. This story originally appeared in Los Angeles Times .', 'Key Insights: It was a bearish session for DOGE and SHIB on Friday in what has become a choppy week. The losses were modest relative to the broader crypto market. Technical indicators remain bearish for SHIB, while DOGE sits at the 100-day EMA. It was a bearish day for DOGE and SHIB on Friday. Bearish sentiment across the broader crypto market returned after a brief respite on Thursday, weighing on DOGE and SHIB. Reversing a 1.81% gain from Thursday, DOGE fell by 2.33% to end the day at $0.1426. SHIB reversed a 1.85% rise with a 3.99% loss to end the day at $0.00002381. Elsewhere, LUNA tumbled by 9.5%, with SOL sliding by 7.2% to lead the broader market into the red. Bitcoin ( BTC ) ended the day with a 2.8% loss. Bearish Sentiment Returns with Bitcoin (BTC) Directing the Majors Bitcoin (BTC) and the broader crypto market followed the NASDAQ 100 into the red. Market jitters over FED monetary policy returned after Wednesday’s market rout. Bitcoin fell back to sub-$43,000 to pressure investor appetite. The NASDAQ 100 fell by 1.34% on Friday. The FOMC meeting minutes revealed plans to reduce the FED’s bond holdings by around $95 billion each month. The balance sheet reduction plans and a likely aggressive interest rate path trajectory have spooked the markets. A Tesla Cyber Rodeo party had delivered DOGE support before DOGE succumbed to market forces. According to reports , a drone show creating a Dogecoin in the sky created a market buzz early in the session. DOGE Price Action At the time of writing, DOGE was down 0.07% to $0.1425. Near-term, a return to $0.16 is needed for DOGE to target $0.20 levels. Technical Indicators DOGE will need to move through the day’s $0.1455 pivot to make a run on the First Major Resistance Level at $0.1505. DOGE would need the broader crypto market to support a return to $0.15. An extended rally would test the Second Major Resistance Level at $0.1583. The Third Major Resistance Level sits at $0.1711. Failure to move through the pivot would test the First Major Support Level at $0.1377. Barring another extended sell-off, DOGE should steer clear of sub-$0.1350 levels. The Second Major Support Level sits at $0.1327. Story continues A move through the pivot would support a run at $0.15 levels. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits at the 100-day EMA, currently at $0.1421. This morning, 50-day EMA narrowed to the 100-day EMA. The 100-day EMA pulled away from the 200-day; DOGE positive. A move through the 50-day EMA, currently at $0.1463, would support a return to $0.15. Holding above the 100-day EMA is key to avoiding sub-$0.14. 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: 2022-04-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $806,090,768,081 - Hash Rate: 217424508.94720227 - Transaction Count: 232792.0 - Unique Addresses: 597681.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Teladoc Health ( TDOC ) is unloved on Wall Street , and appears to be drastically undervalued. A famous fund manager seems to like Teladoc stock, though, and there’s a partnership with a well-known e-commerce company to consider. Investors should grab shares of Teladoc before the investing community bids up the price. Teladoc Health (TDOC) logo on a mobile phone screen Source: Piotr Swat / Shutterstock.com New York-headquartered telemedicine specialist Teladoc Health (NYSE: TDOC ) helps patients get the virtual healthcare they need. After a persistent drawdown, now is a great time to scoop up relatively cheap shares of TDOC stock. It’s not an exaggeration to say that Teladoc shares are severely undervalued. Apparently, Wall Street believes that the Covid-19-related catalysts that benefited telemedicine in 2020, simply aren’t there anymore. Yet, contrarians are supposed to buy stocks during peak pessimism. As investors dump their Teladoc shares, you can be thankful for the low price points — and at least one famous fund manager is evidently holding her position. InvestorPlace - Stock Market News, Stock Advice & Trading Tips TDOC Teladoc Health $75.21 What’s Happening with TDOC Stock? The bulls had their time to shine, no doubt about it. As you may recall, TDOC stock rallied from $85 to $240 during the first half of 2020, and topped out at $308 in February of last year. 7 Retail Stocks Worth a Buy Now With a few bumps along the way, it’s mostly been downhill from there. Unbelievably, Teladoc shares can now be purchased at 2019 prices. It’s as if the market’s thinking that the telehealth revolution never happened – which is completely irrational, of course. TDOC stock is one of the few large-cap, pure-play telemedicine stocks you can currently purchase on a major stock exchange. And if any business represents the present and future of telehealth, it’s Teladoc, which recently counted 800,000 connected devices , 2 billion data points, 76 million members and 10,000 healthcare providers in the company’s network. Story continues Not long ago, InvestorPlace contributor Tezcan Gecgil recapped Teladoc’s encouraging fourth-quarter 2021 results . As Gecgil explained, Teladoc’s revenue grew 45% year-over-year to $554 million . Moreover, this result helped Teladoc’s “net loss to shrink to $11 million, or 7 cents per share. In the prior-year quarter, the net loss was $394 million.” Wood’s Good, Alexa’s Even Better So clearly, Teladoc’s on the right track, fiscally speaking. Perhaps famous fund manager Cathie Wood kept this in mind when her ARK Genomic Revolution ETF (BATS: ARKG ) fund included TDOC stock in its holdings. Or just maybe, Wood has decided to keep Teladoc in her fund because the telemedicine company is partnering with none other than e-commerce leviathan Amazon (NASDAQ: AMZN ). According to the press release, Teladoc’s virtual care will be accessible to U.S.-based customers through Amazon’s Alexa. This will involve “the launch of voice-activated general medical virtual care on supported Echo devices, such as an Echo, Echo Dot, and Echo Show.” Potentially, this could be great news for the patients. For one thing, the virtual care will be easy to access through Alexa/Echo. Plus, the services will be available 24/7 for general medical needs. Initially, Teladoc on Alexa will launch with just audio service. However, video-enhanced visits are apparently “coming soon.” To get connected, the patient would only need to say, “Alexa, I want to talk to a doctor.” This surely sounds like a win-win for the patients and for Teladoc’s shareholders. A Good Sign The idea here isn’t to get you to buy TDOC stock just because a Wood-run fund is investing in it. At the end of the day, you have to decide for yourself whether Teladoc is worth investing in. Still, Wood’s implicit endorsement is a positive sign. Better yet, the Amazon partnership puts Teladoc – and the telemedicine patients – in a great position in 2022. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 ‘Forever Battery’ Stock It doesn’t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post Teladoc Health Is a Cathie Wood Stock That You Need Now appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/Para_rider1981', '“ don t sell your bitcoin “', 217, '2022-04-09 00:16', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/', 'Michael saylor says don’t sell your bitcoin. What do you think of this idea never selling your bitcoin?', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/', 'tzet12', [['u/Ok_Aerie3546', 49, '2022-04-09 00:27', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3ymik6/', "Every indian understands what he meant. We still have our great great grandma's jewelry and silver utensils. Michael is asking you to treat bitcoin the same way.", 'tzet12'], ['u/Msim300', 66, '2022-04-09 00:39', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yo53l/', "You won't sell it you will spend it. You will want a house, condo, flying car, etc.", 'tzet12'], ['u/oboshoe', 471, '2022-04-09 00:42', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yohrp/', 'I’ve sold Bitcoin lots of times.\n\nI regret every every single sale.', 'tzet12'], ['u/DudeBroDog', 11, '2022-04-09 01:02', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yrb0s/', 'I don’t want to even ask how much', 'tzet12'], ['u/shin_jury', 61, '2022-04-09 01:05', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yrrzk/', 'No, Saylor’s argument is that if you’re a forward-thinking HODLer you will borrow against your Bitcoin but never sell (*or spend*) your Bitcoin.', 'tzet12'], ['u/tesseramous', 25, '2022-04-09 01:15', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yt1sf/', "As a holder of 130,000 bitcoins (edit: Saylor), I wouldn't want anyone else to sell their bitcoins either.", 'tzet12'], ['u/gcko', 28, '2022-04-09 01:23', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yu42l/', 'Kinda the same way you can borrow against your house.', 'tzet12'], ['u/shin_jury', 25, '2022-04-09 01:28', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yuub6/', '“Buy, borrow, and die”. It’s a financial strategy to build wealth and pass your assets along to your descendants. If your assets keep going up in value, then in theory you never have to pay back.\n\nSpecifically with Bitcoin, there are lots of companies that allow you to get a loan that is backed by your Bitcoin. Nexo, for example, has this business model for lots of cryptocurrencies.', 'tzet12'], ['u/FulcrumPhase', 11, '2022-04-09 01:33', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yvjwu/', 'My parents circle/generation sold all that stuff they inherited. I guess the money was better for them talking vacations than passing down things our ancestors cherished. I miss looking at all that silver and polishing it. Not so much the polishing part.', 'tzet12'], ['u/Nicolaskao', 11, '2022-04-09 01:57', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3yyqxu/', 'If you get a 30 year loan with 1% or less interest, you can use some of your BTC, lets say 15% to get the loan with, then after some years, you get another loan on lets say another 15% of your BTC, pay back the old loan and just keep rotating as long as BTC keeps going up it should be safe.', 'tzet12'], ['u/Chelseafc5505', 19, '2022-04-09 02:15', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z10h6/', "It's a sound argument when you're mega wealthy. \n\nFor most people it's a pretty fucking terrible idea.", 'tzet12'], ['u/shin_jury', 10, '2022-04-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z1kuy/', 'Yeah, that’s the extreme end of the “Bitcoin = digital real estate” argument. \n\nBut it’s not just billionaires that pass down assets to their family.', 'tzet12'], ['u/Embily_card', 13, '2022-04-09 02:23', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z231s/', 'Still you need to sell it some time… to not feel like a dragon sitting on the treasure for a thousand year 🐉', 'tzet12'], ['u/phaberman', 17, '2022-04-09 02:30', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z2way/', 'I like being a dragon.', 'tzet12'], ['u/shin_jury', 16, '2022-04-09 02:34', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z3h7o/', 'It’s a gamble to max it out like in my example, yeah. But if you need cash and don’t want to create a taxable event by selling assets, borrowing against some of your assets can be smart.', 'tzet12'], ['u/yrral86', 322, '2022-04-09 02:49', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z5dlk/', "After 8 years the toaster oven I bought from overstock.com for 1 BTC just died. So I'm out $43k and now I need a new toaster oven.", 'tzet12'], ['u/GreatGhastly', 12, '2022-04-09 02:55', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z64ec/', 'Sell it for what? USD? That shit is worthless. \n\nIn fact, I sell most of my USD to buy BTC.', 'tzet12'], ['u/Days_of_Static', 29, '2022-04-09 02:58', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z6gog/', 'This is just the reminder I needed today. My holdings have dropped around $15K since our local high around 11 days ago, and every time this happens I think “maybe I should take my profits now and buy back more sats after we drop”. \n\nI’d mentally be better off to not even look at the price for months at a time. My portfolio value doesn’t matter today when it will allow me to retire in 4-5 years (in my mid thirties).', 'tzet12'], ['u/thefullmcnulty', 17, '2022-04-09 03:02', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z6zsd/', 'Bitcoin is extremely functional as collateral. Now there are even bitcoin backed mortgage collateral products in the US. I think the collateral sector will grow exponentially this decade. No taxes and instant liquidity. Or for those who have more bitcoin, it’s a way around the traditional mortgage process. Hoarding the bitcoin may be the very best way to use it and keep it.', 'tzet12'], ['u/Even-Home-9126', 19, '2022-04-09 03:08', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3z7q1w/', 'I just keep looking forward \n\n10% drop? Sweet, that a discount on my fortnightly buy.', 'tzet12'], ['u/esreveReverse', 15, '2022-04-09 04:08', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zf7fx/', "Nah, you'd be mentally better off not banking on an investment to allow you to retire in your mid-thirties.", 'tzet12'], ['u/oboshoe', 83, '2022-04-09 04:29', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zhtha/', 'I got one of the first bitcoin debit cards. Called "shift".\n\nSpend money on it, and they take out bitcoin out of your Coinbase account. I only used a a few times.\n\nI have a $2,000 car wash on the ledger.', 'tzet12'], ['u/Flimsy_Card8028', 31, '2022-04-09 04:39', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zj2y5/', "At least you aren't out 10,000 coins because you ate the pizza.", 'tzet12'], ['u/jjduhamer', 11, '2022-04-09 04:40', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zj8u2/', 'They charge a 9% APR or something. You’re better off getting a loan from the bank.', 'tzet12'], ['u/savinelli_smoker', 14, '2022-04-09 05:02', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zlt5g/', 'Saylor made a point that stuck with me since I heard it - That is, selling bitcoin, “taking profit” is really you buying back fiat. Are you sure you want to BUY fiat?\n\nI get that if people are overwhelmingly into BTC and they need to live off it then obviously they need to sell some. But if you’re like most people who have a job and get paid in fiat, and you can just live your normal life from the fiat income, why would you want more melting ice cubes?\n\nHe certainly has the ability to say things from a novel and convincing angle.', 'tzet12'], ['u/LifeOverLaw', 10, '2022-04-09 06:08', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zt9fo/', 'this so much. i could probably retire on my stack already as is ( \\* whispers \\*if I moved to a third world country ), but idgaf because I am not nearly old enough to justify feeling "too old" to work, and I\'m not touching my stack for atleast 8 more years at the minimum. But even then, I\'m not banking on shit, I know I\'m rolling the dice on this stuff and just don\'t think about it.', 'tzet12'], ['u/lovemyhawks', 34, '2022-04-09 06:08', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3ztb2v/', 'Now, now...it was *two* pizzas', 'tzet12'], ['u/Argyrus777', 11, '2022-04-09 06:47', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i3zx8j5/', 'Large pizzas too', 'tzet12'], ['u/kajunkennyg', 14, '2022-04-09 14:32', 'https://www.reddit.com/r/Bitcoin/comments/tzet12/don_t_sell_your_bitcoin/i40zdvn/', "I remember when btc was 400-500 usd, egifter came out and i bought a lot of pizza spending like .1 or .2 btc on gift cards. It was all trading profits as i've always dumped in cold storage and accumulated and tried to pull 10-15% out to my pocket each year. It's worked nicely growing the stack. I'll say this, those of us around back then dreamed about 10k. How many people were saying they would sell it all and retire at 10k. Most of us sold some, but now we want 100k lol", 'tzet12']]], ['u/Horror_Aide4999', 'Safemoon got a plug at the Bitcoin Conference going on in Miami!', 38, '2022-04-09 00:41', 'https://www.reddit.com/r/SafeMoonInvesting/comments/tzfbf4/safemoon_got_a_plug_at_the_bitcoin_conference/', 'By Dave Portnoy, who was interviewed and mentioned that he owns over $1M in BTC. He was asked if he owns any other cryptos and his answer: "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:** ['• It was a bullish session for DOGE and SHIB on Saturday.\n• Updates on Shiba Inu coin burn rates gave SHIB a much-needed boost.\n• Technical indicators remain bearish for SHIB, while DOGE sits above the 100-day EMA.\nIt was a bullish day forDOGEandSHIBon Saturday.\nNews updates on Shiba Inu coin burn rates provided SHIB support. A pickup in investor appetite following Friday’s rout delivered DOGE support.\nPartially reversing a 2.33% loss from Friday, DOGE rose by 1.12% to end the day at $0.1442. SHIB reversed a 3.99% slide with a 3.40% gain to end the day at $0.00002462.\nElsewhere,LUNArallied by 4.13% to lead the way, withSOL(+2.72%) finding strong support.\nDespite the improved market sentiment, Bitcoin (BTC) (+1.25%) failed to return to $43,000 levels.\nBurn rates continued to deliver SHIB support following last week’snewsof Bitcoins of America adding Shiba Inu coins to BTMS across the U.S.\nAccording toShibburn, 1,616,890,975 SHIB were burned over the last 24-hours, giving a burn rate of 6,994.65%.\nIn Dollar terms, there were several sizeable burns over the last 5-hours. The reduced supply delivered SHIB price support.\nAt the time of writing, DOGE was down 0.28% to $0.1438.\nDOGE will need to avoid the day’s $0.1431pivotto make a run on the First Major Resistance Level at $0.1457. DOGE would need the broader crypto market to support a return to $0.1450.\nAn extended rally would test the Second Major Resistance Level at $0.1471 and resistance at $0.15. The Third Major Resistance Level sits at $0.1511.\nA fall through the pivot would test the First Major Support Level at $0.1417. Barring another extended sell-off, DOGE should steer clear of sub-$0.14 levels. The Second Major Support Level sits at $0.1391.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 100-day EMA, currently at $0.1424. This morning, 50-day EMA narrowed to the 100-day EMA. The 100-day EMA pulled away from the 200-day; DOGE positive.\nA move through the 50-day EMA, currently at $0.1459, would support a return to $0.15.\nAt the time of writing, SHIB was down 0.12% to $0.00002459.\nSHIB will need to avoid the day’s $0.0000243pivotto make a run on the First Major Resistance Level at $0.0000250. SHIB would need the broader crypto market to break out from $0.0000245 levels.\nAn extended rally would test the Second Major Resistance Level at $0.0000253 and resistance at $0.000026. The Third Major Resistance Level sits at $0.0000263.\nA fall through the pivot would bring the First Major Support Level at $0.0000240 into play. Barring another extended sell-off, SHIB should steer clear of sub-$0.0000235 levels. The Second Major Support Level sits at $0.0000233.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. SHIB sits below the 200-day EMA at $0.0000251. This morning, the 50-day EMA narrowed to the 200-day EMA following Saturday’s bearish cross. The 100-day EMA closed in on the 200-day EMA, SHIB negative.\nA move through the 200-day EMA would support a run at $0.000026 levels.\nThisarticlewas originally posted on FX Empire\n• June Gold Higher as Momentum Shifts to Upside\n• Solana (SOL) Steadies While Solana-Based NFT Trading Volumes Fall\n• Gold Prices Rise for the Week, but Face Headwinds with a Rising Dollar\n• Stock Markets Continue to Attempt Recovery\n• USD/CAD Rallies Amid Rising Yields Despite Robust Canadian Jobs Data\n• Near Protocol (NEAR) Touches $19 as TVL Jumps to $340 Million', 'Key Insights: It was a bullish session for DOGE and SHIB on Saturday. Updates on Shiba Inu coin burn rates gave SHIB a much-needed boost. Technical indicators remain bearish for SHIB, while DOGE sits above the 100-day EMA. It was a bullish day for DOGE and SHIB on Saturday. News updates on Shiba Inu coin burn rates provided SHIB support. A pickup in investor appetite following Friday\x92s rout delivered DOGE support. Partially reversing a 2.33% loss from Friday, DOGE rose by 1.12% to end the day at $0.1442. SHIB reversed a 3.99% slide with a 3.40% gain to end the day at $0.00002462. Elsewhere, LUNA rallied by 4.13% to lead the way, with SOL (+2.72%) finding strong support. Despite the improved market sentiment, Bitcoin ( BTC ) (+1.25%) failed to return to $43,000 levels. Shiba Inu Coin Burn Rates Deliver a SHIB Boost Burn rates continued to deliver SHIB support following last week\x92s news of Bitcoins of America adding Shiba Inu coins to BTMS across the U.S. According to Shibburn , 1,616,890,975 SHIB were burned over the last 24-hours, giving a burn rate of 6,994.65%. In Dollar terms, there were several sizeable burns over the last 5-hours. The reduced supply delivered SHIB price support. DOGE Price Action At the time of writing, DOGE was down 0.28% to $0.1438. A return to $0.15 would give DOGE a run at $0.165. Technical Indicators DOGE will need to avoid the day\x92s $0.1431 pivot to make a run on the First Major Resistance Level at $0.1457. DOGE would need the broader crypto market to support a return to $0.1450. An extended rally would test the Second Major Resistance Level at $0.1471 and resistance at $0.15. The Third Major Resistance Level sits at $0.1511. A fall through the pivot would test the First Major Support Level at $0.1417. Barring another extended sell-off, DOGE should steer clear of sub-$0.14 levels. The Second Major Support Level sits at $0.1391. DOGE would need to avoid the day\x92s pivot to support a return to $0.15. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. DOGE sits above the 100-day EMA, currently at $0.1424. This morning, 50-day EMA narrowed to the 100-day EMA. The 100-day EMA pulled away from the 200-day; DOGE positive. Story continues A move through the 50-day EMA, currently at $0.1459, would support a return to $0.15. A move through the 50-day EMA would signal a breakout session. SHIB Price Action At the time of writing, SHIB was down 0.12% to $0.00002459. Avoiding sub-$0.0000245 would support a run at $0.0000255. Technical Indicators SHIB will need to avoid the day\x92s $0.0000243 pivot to make a run on the First Major Resistance Level at $0.0000250. SHIB would need the broader crypto market to break out from $0.0000245 levels. An extended rally would test the Second Major Resistance Level at $0.0000253 and resistance at $0.000026. The Third Major Resistance Level sits at $0.0000263. A fall through the pivot would bring the First Major Support Level at $0.0000240 into play. Barring another extended sell-off, SHIB should steer clear of sub-$0.0000235 levels. The Second Major Support Level sits at $0.0000233. A move through the first major resistance level would bring $0.000026 into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. SHIB sits below the 200-day EMA at $0.0000251. This morning, the 50-day EMA narrowed to the 200-day EMA following Saturday\x92s bearish cross. The 100-day EMA closed in on the 200-day EMA, SHIB negative. A move through the 200-day EMA would support a run at $0.000026 levels. A bullish cross of the 50-day EMA through the 100-day EMA would support a breakout session. This article was originally posted on FX Empire More From FXEMPIRE: June Gold Higher as Momentum Shifts to Upside Solana (SOL) Steadies While Solana-Based NFT Trading Volumes Fall Gold Prices Rise for the Week, but Face Headwinds with a Rising Dollar Stock Markets Continue to Attempt Recovery USD/CAD Rallies Amid Rising Yields Despite Robust Canadian Jobs Data Near Protocol (NEAR) Touches $19 as TVL Jumps to $340 Million', 'The four new decentralized tokens will give users price exposure, not ownership, to the underlying stocks and ETFs without any restrictions.\nSingapore, Singapore--(Newsfile Corp. - April 9, 2022) - DeFiChain, the world\'s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that it has added four new decentralized assets aka dTokens following a Ticker Voting by the community. In the DeFiChain ecosystem, the community decides which dTokens will be added next.\nDefiChain adds new dTokensTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8506/119665_633ce04854012b8b_001full.jpg\nThe newly added dTokens are:\n• $dDIS - Walt Disney Co\n• $dMCHI - iShares MSCI China ETF\n• $dMSTR - MicroStrategy Incorporated\n• $dINTC - Intel Corporation\nDeFiChain users will now be able to mint and trade the above dTokens. These four assets received the most support from the community members. Other options they could vote on included Mastercard Inc, Nintendo Co LTD, PayPal Holdings Inc, Twitter Inc, Uber Technologies Inc, and more.\nThe addition of new dTokens marks a major step towards enabling DeFi users to benefit from the price appreciation of traditional assets such as stocks, bonds, commodities, ETFs, etc. DeFiChain already offers dTokens corresponding to the S&P 500, Tesla, Apple, Alibaba, GameStop, Nasdaq 100, Nvidia, Amazon, Microsoft, Netflix, Meta, and many other stocks and ETFs.\n"DeFiChain is continuously expanding the dToken universe to give users a serious alternative to the traditional financial broker - all whilst offering the flexibility and benefits of decentralization," said Prasanna Loganathar, the Lead Engineer at DeFiChain.\nDecentralized assets are one of the most innovative and revolutionary products of DeFiChain. In fact, DeFiChain is the only blockchain to offer decentralized assets on the Bitcoin network.\nThe dTokens are not "securities" issued by a company or a large institution, meaning they give users price exposure but not ownership, voting rights, dividends, or other benefits available to stockholders. Rather than tracking and reflecting the actual stock price, the dTokens track and reflect a number of variable factors, and use oracles to capture those feeds. The price of dTokens may n **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-04-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $821,666,110,556 - Hash Rate: 198950531.06279945 - Transaction Count: 216446.0 - Unique Addresses: 551596.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.34 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It is the S&P 500’s strongest weekly gain — up more than 6% the past five days — since November 2020. With that in mind, here are the top stock trades I’m watching next week. Top Stock Trades for Monday No. 1: Bitcoin (BTC-USD) Top stock trades for Bitcoin Click to Enlarge Source: Chart courtesy of TrendSpider Bitcoin ( BTC-USD ) has been trading better lately as it continues to put in a series of higher lows and hold the $37,000 area. It’s now back above the 10-day, 21-day and 50-day moving averages, as well as the daily VWAP measure. Last week’s high is nearby at $42,590. If it clears this level soon — or if it pauses here and gives us two weekly highs near each other — bulls can look for a rotation back through this area, putting the $45,000 to $46,000 area back in play. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Above that opens the door to the 200-day. 7 Stable Energy Stocks for Uncertain Times On the downside, however, a move below $40,000 puts the $37,000 area and uptrend support back in play. Top Stock Trades for Monday No. 2: Ethereum (ETH-USD) Top stock trades for Ethereum Click to Enlarge Source: Chart courtesy of TrendSpider Like Bitcoin, Ethereum ( ETH-USD ) is also trading better. It’s already cleared downtrend resistance and is also putting in a series of higher lows. Also like Bitcoin, Ethereum is back above its short- and intermediate-term moving averages. Now pressing higher, keep an eye on the $3,000 area. Not only is that a nice round number, but it’s also near where downtrend resistance and the March high comes into play. Above that opens the door to the $3,300 area. On the downside, though, a move below its key moving averages — the 10-day, 21-day and 50-day — puts $2,500 back in play. Top Stock Trades for Monday No. 3: Dogecoin (DOGE-USD) Top stock trades for DOGEcoin Click to Enlarge Source: Chart courtesy of TrendSpider Last but not least of our crypto coverage is Dogecoin ( DOGE-USD ), which has been crushed amid the recent bear market in “risk-on” assets. Currently struggling with the 10-day, the 21-day sits just above today’s high and has been active resistance all month. If we can get a push above this level, though, it could create a quick pop up to the 13 to 14 cent range and the 50-day moving average. Story continues In doing so, it will also clear the 12 cent mark, which was roughly the January low and has been acting as resistance. Finding Opportunity in a Changing Digital World On the downside, however, watch the 10.5 cent mark. Below that puts Dogecoin below the March and February lows, as well as downtrend support. It will put the 8.8 to 9 cent range in play. Top Trades for Monday No. 4: StoneCo (STNE) Daily chart of StoneCo Click to Enlarge Source: Chart courtesy of TrendSpider Exploding higher on the day, StoneCo (NASDAQ: STNE ) rallied more than 42% on Friday. The rally sent the stock right to the $14 resistance area, but up through the 50-day moving average. I would love to see StoneCo hold the latter as support. However, a move below today’s low of $12.09 could put the 10-day and 21-day moving averages in play, as well as the gap-fill level at $9.83. On the upside, let’s see if the stock can push through the daily VWAP measure near $15. That could open the door to the 50% retracement near $17.25 and the 61.8% retracement near the $19.50 to $20 zone. On the date of publication, Bret Kenwell did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell . More From InvestorPlace Get in Now on Tiny $3 ‘Forever Battery’ Stock It doesn’t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post 4 Top Stock Trades for Monday: Bitcoin, Ethereum, Dogecoin, STNE appeared first on InvestorPlace .... - 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 Herbert Lash\nNEW YORK (Reuters) - Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as U.S. Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy.\nThe euro rose against the dollar to snap a seven-day losing streak as the single currency rallied after French leader Emmanuel Macron beat far-right challenger Marine Le Pen in France\'s first round of presidential voting on Sunday.\nThe dollar held just below almost two-year highs against a basket of currencies and strengthened against the Japanese yen, up 0.88%, and versus the commodity currencies - the Canadian, Australian and New Zealand dollars.\nThe yield on benchmark 10-year Treasuries rose more than 7 basis points to 2.793%, the highest level since January 2019.\nYields have surged in anticipation of Fed rate hikes, which Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management, expects to be by 50 basis points at each of the Fed\'s next three policy meetings.\n"The Fed is going to move aggressively. The market has appropriately priced it in," Mullarkey said.\n"They don\'t want to be an issue in the midterms," Mullarkey added, referring to elections in November that will determine whether Republicans can wrest control from President Joe Biden\'s Democrats in the U.S. Senate and House of Representatives. "They also do not want to be in the position where they don\'t have inflation under control."\nEconomists polled by Reuters forecast the U.S. consumer price index (CPI) on Tuesday would post an 8.4% year-over-year increase in March. Separately, they also saw the probability of a recession next year at 40%.\nTechnology shares, which have been underpinned by record low interest rates, fell 2% in Europe and 2.6% on Wall Street.\nMSCI\'s gauge of stocks across the globe closed down 1.33% and the pan-European STOXX 600 index slid 0.59% as regional bourses fell with the exception of France\'s CAC 40.\nOn Wall Street, the Dow Jones Industrial Average fell 1.19%, the S&P 500 lost 1.69% and the Nasdaq Composite dropped 2.18%. All 11 S&P 500 sectors fell.\nVolatility gripped French blue chips on the outlook for a tight Macron-Le Pen race in the final round of voting. French assets have underperformed as markets are uneasy about Le Pen\'s agenda of protectionism, tax cuts and nationalization.\nThe CAC 40 index, which is off 1.5% so far in April as the STOXX 600 gains about 0.4%, closed up 0.12%.\n"I don\'t expect the French equity markets to rally until we have the second round - we expect a lot of volatility and range-bound trading," said Mathieu Racheter, head of equity strategy at Julius Baer. "It is really a close call in the runoff."\nOvernight in Asia, MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 1.6% and the Nikkei 225 in Tokyo slid 0.61%.\nOil prices dropped by $4 a barrel, with Brent tumbling below $100 on plans to release record volumes of crude from strategic reserves and on continuing COVID-19 lockdowns in China.\nU.S. crude futures fell $3.97 to settle at $94.29 a barrel while Brent settled down $4.30 at $98.48.\nPalladium steadied after jumping as much as 5% on supply concerns following a recent suspension on trading of the metal sourced from Russia in the London metals hub, while gold was buoyed by inflation fears.\nU.S. gold futures settled up 0.1% at $1,948.20 an ounce.\nBitcoin fell 5.66% to $39,748.60.\nChina\'s inflation figures surprised on the high side on Monday although they were still relatively modest at 1.5% year-on-year in March.\nBut that still saw yields on China\'s 10-year government bonds fall below U.S. Treasury yields for the first time in 12 years on Monday.\nGRAPHIC: US-China https://fingfx.thomsonreuters.com/gfx/mkt/myvmnqlakpr/us-china.JPG\n(Reporting by Herbert Lash, additional reporting by Samuel Indyk and Elizabeth Howcroft in London, Sruthi Shankar in Bengaluru; Editing by Philippa Fletcher, Angus MacSwan, Will Dunham and David Gregorio)', 'By Herbert Lash NEW YORK (Reuters) - Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as U.S. Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy. The euro rose against the dollar to snap a seven-day losing streak as the single currency rallied after French leader Emmanuel Macron beat far-right challenger Marine Le Pen in France\'s first round of presidential voting on Sunday. The dollar held just below almost two-year highs against a basket of currencies and strengthened against the Japanese yen, up 0.88%, and versus the commodity currencies - the Canadian, Australian and New Zealand dollars. The yield on benchmark 10-year Treasuries rose more than 7 basis points to 2.793%, the highest level since January 2019. Yields have surged in anticipation of Fed rate hikes, which Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management, expects to be by 50 basis points at each of the Fed\'s next three policy meetings. "The Fed is going to move aggressively. The market has appropriately priced it in," Mullarkey said. "They don\'t want to be an issue in the midterms," Mullarkey added, referring to elections in November that will determine whether Republicans can wrest control from President Joe Biden\'s Democrats in the U.S. Senate and House of Representatives. "They also do not want to be in the position where they don\'t have inflation under control." Economists polled by Reuters forecast the U.S. consumer price index (CPI) on Tuesday would post an 8.4% year-over-year increase in March. Separately, they also saw the probability of a recession next year at 40%. Technology shares, which have been underpinned by record low interest rates, fell 2% in Europe and 2.6% on Wall Street. MSCI\'s gauge of stocks across the globe closed down 1.33% and the pan-European STOXX 600 index slid 0.59% as regional bourses fell with the exception of France\'s CAC 40. Story continues On Wall Street, the Dow Jones Industrial Average fell 1.19%, the S&P 500 lost 1.69% and the Nasdaq Composite dropped 2.18%. All 11 S&P 500 sectors fell. Volatility gripped French blue chips on the outlook for a tight Macron-Le Pen race in the final round of voting. French assets have underperformed as markets are uneasy about Le Pen\'s agenda of protectionism, tax cuts and nationalization. The CAC 40 index, which is off 1.5% so far in April as the STOXX 600 gains about 0.4%, closed up 0.12%. "I don\'t expect the French equity markets to rally until we have the second round - we expect a lot of volatility and range-bound trading," said Mathieu Racheter, head of equity strategy at Julius Baer. "It is really a close call in the runoff." Overnight in Asia, MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 1.6% and the Nikkei 225 in Tokyo slid 0.61%. Oil prices dropped by $4 a barrel, with Brent tumbling below $100 on plans to release record volumes of crude from strategic reserves and on continuing COVID-19 lockdowns in China. U.S. crude futures fell $3.97 to settle at $94.29 a barrel while Brent settled down $4.30 at $98.48. Palladium steadied after jumping as much as 5% on supply concerns following a recent suspension on trading of the metal sourced from Russia in the London metals hub, while gold was buoyed by inflation fears. U.S. gold futures settled up 0.1% at $1,948.20 an ounce. Bitcoin fell 5.66% to $39,748.60. China\'s inflation figures surprised on the high side on Monday although they were still relatively modest at 1.5% year-on-year in March. But that still saw yields on China\'s 10-year government bonds fall below U.S. Treasury yields for the first time in 12 years on Monday. GRAPHIC: US-China https://fingfx.thomsonreuters.com/gfx/mkt/myvmnqlakpr/us-china.JPG (Reporting by Herbert Lash, additional reporting by Samuel Indyk and Elizabeth Howcroft in London, Sruthi Shankar in Bengaluru; Editing by Philippa Fletcher, Angus MacSwan, Will Dunham and David Gregorio)', 'By Herbert Lash NEW YORK (Reuters) - Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as U.S. Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy. The euro rose against the dollar to snap a seven-day losing streak as the single currency rallied after French leader Emmanuel Macron beat far-right challenger Marine Le Pen in France\'s first round of presidential voting on Sunday. The dollar held just below almost two-year highs against a basket of currencies and strengthened against the Japanese yen, up 0.88%, and versus the commodity currencies - the Canadian, Australian and New Zealand dollars. The yield on benchmark 10-year Treasuries rose more than 7 basis points to 2.793%, the highest level since January 2019. Yields have surged in anticipation of Fed rate hikes, which Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management, expects to be by 50 basis points at each of the Fed\'s next three policy meetings. "The Fed is going to move aggressively. The market has appropriately priced it in," Mullarkey said. "They don\'t want to be an issue in the midterms," Mullarkey added, referring to elections in November that will determine whether Republicans can wrest control from President Joe Biden\'s Democrats in the U.S. Senate and House of Representatives. "They also do not want to be in the position where they don\'t have inflation under control." Economists polled by Reuters forecast the U.S. consumer price index (CPI) on Tuesday would post an 8.4% year-over-year increase in March. Separately, they also saw the probability of a recession next year at 40%. Technology shares, which have been underpinned by record low inte **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: 2022-04-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $770,926,215,775 - Hash Rate: 194687305.39716807 - Transaction Count: 276623.0 - Unique Addresses: 684991.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.32 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Terraform Labs (TFL) and the Luna Foundation Guard (LFG), the non-profit behind the Terra ecosystem, have acquired US$200 million worth of Avalanche’s AVAX tokens , diversifying its TerraUSD (UST) reserves beyond Bitcoin. See related article: Terra’s US$10 billion Bitcoin Bet Sends LUNA to Record High Fast facts LFG purchased US$100 million worth of AVAX using UST stablecoins in an over-the-counter trade with Avalanche Foundation to add to its UST reserves. TFL announced a further US$100 million Treasury Swap for AVAX to demonstrate its commitment to Avalanche through cross-chain development and collaboration — Terra and Avalanche are currently collaborating on a gaming subnet. Earlier this week, around US$230 million worth of Bitcoin was added to the reserves for UST, pushing its total Bitcoin reserves to around US$1.6 billion. Terra founder Do Kwon had announced that Terra will add US$10 billion worth of Bitcoin to UST reserves in March. Luna, which set an all-time high of US$119.18 on Wednesday, was trading at US$105.90 at press time, down 2.3% in the last 24 hours. See related article: Terra founder bets millions on LUNA’s annual growth... - Reddit Posts (Sample): [['u/Hancgfv', "The Anti-Elizabeth Warren Super PAC: A New Super PAC Aims to Elect BTC Advocates and 'Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren'", 792, '2022-04-11 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/', 'A new Super PAC (Political Action Committee) called the Financial Freedom PAC has been formed with 2 goals in mind:\n\n- Elect Bitcoin Champions\n- Kick out anti-Bitcoin politicians like Elizabeth Warren\n\n> The Financial Freedom PAC explains that it supports four political candidates including the Ohio Republican Senate candidate, Josh Mandel, the California Democrat House candidate, Aarika Rhodes, the Ohio Democrat House candidate, Matthew Diemer, and Arizona Republican Senate candidate, Blake Masters. \n\n>**Corporations, unions, associations and individuals can donate** to the Financial Freedom PAC but they cannot donate with U.S. dollars. The organization’s website discloses: **“Fiat donations are currently not working. This is a feature, not a bug. Please donate bitcoin.”**\n\nAnother organization called the Bitcoin Advocacy Project (BAP) has been launched with the explicit aim of "bringing about an orange wave across Washington.”\n\n>"BAP supported the creation, development, and funding of the Financial Freedom PAC — the first Bitcoin Super PAC that aims to elect Bitcoin champions and vote out anti-Bitcoin politicians like Brad Sherman and Elizabeth Warren”\n\n>“BAP has pledged $100,000 to get the Financial Freedom PAC off the ground and secured another half-million dollars in verbal commitments since the organization was filed.”\n\nhttps://news.bitcoin.com/super-pac-aims-elect-btc-advocates-vote-out-anti-bitcoin-politicians-brad-sherman-elizabeth-warren/', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/', 'u0szmb', [['u/Orange-Difficulty', 113, '2022-04-11 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i482uzk/', 'maybe they could lobby to get rid of dinosaurs being paid to support bills against the people too', 'u0szmb'], ['u/Bizzle_worldwide', 16, '2022-04-11 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i484iai/', 'I’m calling this right now:\n\nThis is going to turn out to be: \n\nA) foreign actors (I.e. Russia) attempting to sow chaos on American politics, and/or\nB) a scam to separate people from hundreds of millions of dollars in Bitcoin, where accountability turns out to be none.', 'u0szmb'], ['u/Kyuckaynebrayn', 27, '2022-04-11 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i484rag/', 'Electing pro-crypto representatives: yes\n\nFunding a super pac that is essentially a dark pool of money is questionable. Maybe it’s 100% traceable bc of the BTC. The other thing I’m wary of is backing more red for Arizona, a swing state. Also republicans at the state senate level is just a sad state of being. Source: a large portion of the Midwest and bread basin states\n\nEdit. The amount of FUD over Warren on this sub is excruciatingly distracting from real issues. An old hen from a tiny state clucking about things she doesn’t understand is not a real threat to crypto. If you’re worried about politicians, watch out for those bastards banning abortion and access to healthcare/Medicare. They would sooner take your right to trade crypto than anyone else.', 'u0szmb'], ['u/moorej66', 24, '2022-04-11 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i484yfg/', 'Great. All we need is another stupid Super PAC. Bigger issues than trying to vote someone out who wants to regulate cryptocurrency.', 'u0szmb'], ['u/aimtron', 30, '2022-04-11 01:50', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48919r/', "So you're going to vote in a person or persons that agree within you on a single issue. Yeah, that's not a recipe for disaster.", 'u0szmb'], ['u/GabeSter', 42, '2022-04-11 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48crt3/', 'Maybe they can lobby to get money out of politics. Hold on… ?', 'u0szmb'], ['u/ChiTownBob', 10, '2022-04-11 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48cvlu/', '>maybe they could lobby to get rid of sociopaths being paid to support bills against the people too\n\nFIFY.\n\nThis is not about age, this is about sociopathy.', 'u0szmb'], ['u/EmbraceHegemony', 144, '2022-04-11 02:48', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48giwt/', 'If you are a single issue voter you are a moron.', 'u0szmb'], ['u/biddilybong', 10, '2022-04-11 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48iow3/', 'Don’t vote her out. Convince her otherwise. If we go down this road we are going end up with the most corrupt pieces of shit who are pro-crypto when pandering for a vote but god knows what else once elected. Do we really want to live in a world run by Ted Cruz types no matter what your politics? Talking for these snakes is super naive and will ultimately cause many problems for crypto and otherwise. Warren is no bank industry shill. She’s pro consumer protection. I’m not even a fan of hers but the banter on here is super shallow.', 'u0szmb'], ['u/TriggerHappyEwok', 59, '2022-04-11 03:14', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48ju4p/', "Non-American here, but Super PACs seem like such a dystopian concept to me. I mean no disrespect by that, and I sense I won't be offending many people because the Americans I talk to seem largely anti-Super PAC and they come from both sides of the political fence.", 'u0szmb'], ['u/Bizzle_worldwide', 13, '2022-04-11 03:56', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48p7j5/', 'Registered does not mean legitimate, and certainly doesn’t mean accountable. \n\nPACs are, in fact, one of the most easily exploited methods of scamming out there, because there is absolutely no requirement for them to pay out any significant portion of their funds to outside parties, and they’re absolutely allowed to use that money for salaries and administrative expenses, all while using a good cause as the name they’re supposedly supporting.', 'u0szmb'], ['u/poops-n-farts', 82, '2022-04-11 03:56', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48p8h6/', "Super PACs are kinda horrible in general. Just because they're fighting for something we want, doesn't mean it's smart to be allowed to use money to sway politics in general. I'd rather remove all financial incentives from politics so representatives actually care about who they're supposed to represent", 'u0szmb'], ['u/Laughingboy14', 32, '2022-04-11 04:03', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48q4l3/', "Yeah Super PACs are just another mechanism for the rich to influence politics. Plus they're protected under the first amendment for some reason...", 'u0szmb'], ['u/EmbraceHegemony', 18, '2022-04-11 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48qftd/', 'Good in spirit but would just result in new assholes being voted in. The entire way government officials serve needs to be overhauled. Age limits for President and Senator, no government official can be invested in the stock market, term limits for supreme court justices, ranked choice voting.', 'u0szmb'], ['u/Habitwriter', 13, '2022-04-11 04:11', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48r4jm/', "I'd take Elizabeth Warren over someone like Ted Cruz any day", 'u0szmb'], ['u/Harucifer', 50, '2022-04-11 05:02', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48xbm8/', '"Single-issue voting" on Bitcoin. Jesus Christ you people are fucking cringe and stupid.', 'u0szmb'], ['u/wisammy', 14, '2022-04-11 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i48zj8u/', 'There are things more important than crypto', 'u0szmb'], ['u/Ruzhyo04', 21, '2022-04-11 05:26', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i49035v/', 'Game B sounds nice, but we need to win game A first.', 'u0szmb'], ['u/ExorIMADreamer', 15, '2022-04-11 05:44', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i4920na/', "Yeah let's vote on a single issue so that we vote for some fascist, pro life, pro rich people, anti working person candidate. That is super smart. \n\nNot to mention a super pac just seems like the opposite of this subs ideals which is giving power back to the people.", 'u0szmb'], ['u/Cecilia_Wren', 20, '2022-04-11 05:50', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antielizabeth_warren_super_pac_a_new_super/i492o4y/', "Voting out one of the few politicians who actively fights for our rights against large corporations.\n\nGenius.\n\nYou do realize that just because you own 0.00003 BTC doesnt make you part of the ruling class right? Your interests are still very much alligned with the rest of the country, regardless of how funny you find Elon's tweets", 'u0szmb'], ['u/lagav16', 15, '2022-04-11 06:02', 'https://www.reddit.com/r/CryptoCurrency/comments/u0szmb/the_antieli... Based 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:** ["Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nBritish Virgin Islands-based IDEG Asset Management (IDEG) will offer an Ethereum Enhanced Portfolio, an actively managed fund tracking the price of ether (ETH) using a futures arbitrage strategy to enhance returns and flatten volatility.\nThe fund will be part of the new TIMES suite of products, short for Trust, Interest, Mining, Yield Earnings and Structured Solutions.\n“The Ethereum Enhanced Portfolio is our first of such products, providing qualifying investors an opportunity to capitalize on Ethereum, the most renowned smart-contract platform, while enhancing risk-adjusted returns compared to holding Ethereum,” said Emma Hu, product partner of IDEG, in a statement.\nThe company didn’t disclose the size or how much has been already invested in the fund.\nCoinbase Prime will be the fund’s prime broker and custodian, building on a relationship that started in 2019, said IDEG Chief Compliance Officer and COO Suen Son Poon.\nThis Ethereum fund is launching as digital asset vehicles aside from bitcoin (BTC) have been gaining traction among institutional investors thanks to offering further diversification within the volatile digital asset sector. Most recently, Goldman Sachs (GS) beganoffering interested clientsaccess to an ether fund issued by Galaxy Digital.\nLast week bitcoin-related products took the lion’s share of fund outflows with $131.8 million of redemptions, while funds focused on ether saw just $15.3 million in outflows,according to a CoinShares report.\nThe Ethereum Enhanced Portfolio fund will be available to qualified investors globally, except for the United States, with a minimum investment amount of $100,000, according to company spokesman Ian Stirling. “The majority of single-coin tracker funds on the market tend to be passive funds,” he added, noting that the fund will charge a fixed management fee based on the asset under management.\nIDEG is also planning to launch additional thematic funds in 2022, with actively managed multi-coin, decentralized finance (DeFi) yield farming and GameFi/metaverse play-to-earn (P2E) strategies being piloted in-house.", "Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. British Virgin Islands-based IDEG Asset Management (IDEG) will offer an Ethereum Enhanced Portfolio, an actively managed fund tracking the price of ether ( ETH ) using a futures arbitrage strategy to enhance returns and flatten volatility. The fund will be part of the new TIMES suite of products, short for Trust, Interest, Mining, Yield Earnings and Structured Solutions. “The Ethereum Enhanced Portfolio is our first of such products, providing qualifying investors an opportunity to capitalize on Ethereum, the most renowned smart-contract platform, while enhancing risk-adjusted returns compared to holding Ethereum,” said Emma Hu, product partner of IDEG, in a statement. The company didn’t disclose the size or how much has been already invested in the fund. Coinbase Prime will be the fund’s prime broker and custodian, building on a relationship that started in 2019, said IDEG Chief Compliance Officer and COO Suen Son Poon. This Ethereum fund is launching as digital asset vehicles aside from bitcoin (BTC) have been gaining traction among institutional investors thanks to offering further diversification within the volatile digital asset sector. Most recently, Goldman Sachs (GS) began offering interested clients access to an ether fund issued by Galaxy Digital. Last week bitcoin-related products took the lion’s share of fund outflows with $131.8 million of redemptions, while funds focused on ether saw just $15.3 million in outflows, according to a CoinShares report . The Ethereum Enhanced Portfolio fund will be available to qualified investors globally, except for the United States, with a minimum investment amount of $100,000, according to company spokesman Ian Stirling. “The majority of single-coin tracker funds on the market tend to be passive funds,” he added, noting that the fund will charge a fixed management fee based on the asset under management. IDEG is also planning to launch additional thematic funds in 2022, with actively managed multi-coin, decentralized finance (DeFi) yield farming and GameFi/metaverse play-to-earn (P2E) strategies being piloted in-house.", '• It was a bearish session for DOGE and SHIB, which succumbed to crypto market forces.\n• Elon Musk hit DOGE early in the day, with news of Musk not joining the Twitter board weighing.\n• Technical indicators for DOGE and SHIB are bearish, with SHIB below the 50-day EMA and DOGE below the 200-day EMA.\nIt was a bearish day forDOGEandSHIBon Monday.\nElon Musk sank DOGE early, with bearish sentimentcryptomarket weighing on DOGE and SHIB throughout the day.\nReversing a 2.77% gain from Sunday, DOGE slumped by 9.45% to end the day at $0.1342. SHIB followed a 0.65% fall with a 9.32% tumble to end the day at $0.00002218.\nThings were not much better elsewhere\nADA(-10.33%),LUNA(-10.10%), andSOL(-10.24%) led the way down, withAVAXandXRPsliding by 8.55% and 7.92%, respectively.\nBNB(-5.58%) andETH(-6.98%) also saw heavy losses.\nThe bearish sentiment left Bitcoin (BTC) down by 6.19% to sub-$40,000 levels for the first time since March 27.\nFollowing the market euphoria of Muskreportedlyjoining the Twitter board over the weekend, the news was DOGE negative on Monday.\nOn Monday, news hit the wires of Musk refusing to join the Twitter Board. DOGEreportedlyslumped by 7.4% in response.\nAdding to the market angst was a jump in 10-year U.S Treasury yields to their highest level since 2019. Inflation woes hit riskier assets, with fears of a more aggressive FED rate path impacting market risk sentiment.\nAt the time of writing, DOGE was up 0.75% to $0.1352.\nDOGE will need to move through the day’s $0.1395pivotto make a run on the First Major Resistance Level at $0.1460. DOGE would need the broader crypto market to support a return to $0.1400.\nAn extended rally would test the Second Major Resistance Level at $0.1578 and resistance at $0.16. The Third Major Resistance Level sits at $0.1761.\nFailure to move through the pivot would test the First Major Support Level at $0.1277. Barring another extended sell-off, DOGE should steer clear of sub-$0.1250 levels. The Second Major Support Level sits at $0.1212.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. DOGE sits below the 200-day EMA at $0.1385. This morning, 50-day EMA narrowed to the 100-day EMA. The 100-day EMA closed in on the 200-day EMA, a bearish signal.\nA bearish cross of the 50-day EMA through the 100-day EMA would bring sub-$0.1350 into play.\nAt the time of writing, SHIB was up 0.95% to $0.00002239.\nSHIB will need to move through the day’s $0.0000229pivotto make a run on the First Major Resistance Level at $0.0000239. SHIB would need the broader crypto market to move back to $0.0000235 levels.\nAn extended rally would test the Second Major Resistance Level at $0.0000257 and resistance at $0.000026. The Third Major Resistance Level sits at $0.0000285.\nFailure to move through the pivot would bring the First Major Support Level at $0.0000211 into play. Barring another extended sell-off, SHIB should steer clear of sub-$0.0000200 levels. The Second Major Support Level at $0.0000201 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. SHIB sits below the 50-day EMA at $0.0000246. This morning, the 50-day EMA pulled back from the 200-day. The 100-day EMA converged on the 200-day EMA, SHIB negative.\nA bearish cross of the 100-day EMA through the 200-day EMA would bring the Major Support Levels into play.\nThisarticlewas originally posted on FX Empire\n• Bullish CPI Report Could Put June Gold on Path to $2000\n• Stock Market Gets Hit to Kick Off the Week\n• Carbon Neutral Bitcoin and Ethereum ETPs Listed on Swiss Exchange\n• DOGE and SHIB Slump Alongside the Broader Crypto Market\n• Financial Advisors Keen To Up Crypto Investments – Survey\n• Epic Games and Lego to Build Metaverse For Kids Following Funding Round', 'Key Insights: It was a bearish session for DOGE and SHIB, which succumbed to crypto market forces. Elon Musk hit DOGE early in the day, with news of Musk not joining the Twitter board weighing. Technical indicators for DOGE and SHIB are bearish, with SHIB below the 50-day EMA and DOGE below the 200-day EMA. It was a bearish day for DOGE and SHIB on Monday. Elon Musk sank DOGE early, with bearish sentiment crypto market weighing on DOGE and SHIB throughout the day. Reversing a 2.77% gain from Sunday, DOGE slumped by 9.45% to end the day at $0.1342. SHIB followed a 0.65% fall with a 9.32% tumble to end the day at $0.00002218. Things were not much better elsewhere ADA (-10.33%), LUNA (-10.10%), and SOL (-10.24%) led the way down, with AVAX and XRP sliding by 8.55% and 7.92%, respectively. BNB (-5.58%) and ETH (-6.98%) also saw heavy losses. The bearish sentiment left Bitcoin ( BTC ) down by 6.19% to sub-$40,000 levels for the first time since March 27. Elon Musk Sinks Dogecoin on News of Not Joining Twitter Board Following the market euphoria of Musk reportedly joining the Twitter board over the weekend, the news was DOGE negative on Monday. On Monday, news hit the wires of Musk refusing to join the Twitter Board. DOGE reportedly slumped by 7.4% in response. Adding to the market angst was a jump in 10-year U.S Treasury yields to their highest level since 2019. Inflation woes hit riskier assets, with fears of a more aggressive FED rate path impacting market risk sentiment. DOGE Price Action At the time of writing, DOGE was up 0.75% to $0.1352. A move through to $0.14 should provide some relief. Technical Indicators DOGE will need to move through the day’s $0.139 **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: 2022-04-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $770,669,891,494 - Hash Rate: 217424508.94720227 - Transaction Count: 278839.0 - Unique Addresses: 683425.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: French poker player Johan ‘Yoh Viral’ Guilbert sat down with Jeff Gross to discuss high stakes poker and the use case for cryptocurrencies within tournaments and cash games. In the highly-anticipiated second episode of the Coin Rivet podcast, Yoh Viral went on to give his Bitcoin and Ethereum price prediction by January 2023. “It’s tough because I sold most of my position, but I think BTC will be $150,000 and Ethereum will be $5,000,” he said. His bullish outlook on cryptocurrencies will come as now surprise as he admitted much of a role crypto plays when poker players want to take bankroll overseas. “I know a lot of poker players that are using crypto. I guess that’s the future and that’s the present for poker players.” he added. If you are too short in terms of bankroll, you will play bad.” he said on why travelling abroad with crypto is important as taking cash over borders is becoming more difficult. Yoh Viral recently won the Global Poker Award for best breakout player, this comes after an impressive year that saw him win a $25k no-limit holdem event at the Super High Roller bowl in Cyprus. His year continued to go from strength to strength, winning the $25k PokerGO high roller before finishing a close second WSOPE main event for an impressive cash of € 789,031. To see more of the Coin Rivet podcast, click here.... - Reddit Posts (Sample): [['u/Ecstatic-Business-18', 'Bitcoin went down by $2,200 today', 84, '2022-04-12 00:56', 'https://www.reddit.com/r/Wallstreetsilver/comments/u1k4ba/bitcoin_went_down_by_2200_today/', 'Wow, BTC is below 40k. Hi Ho Silver. Lets gooooo', 'https://www.reddit.com/r/Wallstreetsilver/comments/u1k4ba/bitcoin_went_down_by_2200_today/', 'u1k4ba', [['u/truthesda', 17, '2022-04-12 00:57', 'https://www.reddit.com/r/Wallstreetsilver/comments/u1k4ba/bitcoin_went_down_by_2200_today/i4cssqm/', 'Unpopular opinion: anything and I mean ANYTHING influenced by a digital footprint can and will be co-opted for what is to come.', 'u1k4ba'], ['u/AdministrativePlan58', 13, '2022-04-12 01:02', 'https://www.reddit.com/r/Wallstreetsilver/comments/u1k4ba/bitcoin_went_down_by_2200_today/i4ctf34/', 'I remember two months ago when this sub celebrated it going to 32,000.... It then rebounded to almost 50,000$. By not listening to this sub I added a kilo bar by buying that dip.', 'u1k4ba'], ['u/goldenloi', 15, '2022-04-12 01:37', 'https://www.reddit.com/r/Wallstreetsilver/comments/u1k4ba/bitcoin_went_down_by_2200_today/i4cybnp/', 'Market going risk off. Bitcoin trades as a risk asset, like tech stocks.', 'u1k4ba'], ['u/[deleted]', 10, '2022-04-12 01:57', 'https://www.reddit.com/r/Wallstreetsilver/comments/u1k4ba/bitcoin_went_down_by_2200_today/i4d0xp5/', 'Agree and I am a software engineer.', 'u1k4ba']]], ['u/erjo5055', 'Bitcoin is Officially Dead - Please Sell :/', 3102, '2022-04-12 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/', 'I have some very unfortunate news for all of you\n\n[7D](https://preview.redd.it/dw1lignbazs81.png?width=865&format=png&auto=webp&s=f00f2798ab63bc107565ca531d9073a8cdc6833d)\n\nAs you can see by the technical analysis and illustration above of Bitcoin\'s history, it is going down to 0. Considering the trend analysis above, you should all sell your Bitcoin before it hits 0. Do NOT zoom out, only look at 1D or 7D charts when reviewing Bitcoins history, otherwise you may say silly things like "its literally just flat month over month lul" or "historically this same move has happened hundreds of times" or "bruh this isn\'t even a dip lol".\n\n[1M](https://preview.redd.it/zrdjdy7ebzs81.png?width=974&format=png&auto=webp&s=e59137e1e62b6a87e6d54f8201979ca88bccb30c)\n\n​\n\n[All](https://preview.redd.it/w9uuxt40czs81.png?width=862&format=png&auto=webp&s=9bea928d547e2675dded2e5b8f560b8f4bc9e1cd)\n\nIGNORE ALL THAT - Just focus on what makes you feel scared and worried about your decisions. See all that red below? RED BAD. Its gone down THOUSANDS OF DOLLARS IN ONE DAY. By my math, it will be zero in just a few more days.\n\n[1D](https://preview.redd.it/6mif38xwbzs81.png?width=878&format=png&auto=webp&s=7921012d62b723d809b9c59fccc400b34dc2ee3b)\n\nNow that I have educated you - Please sell your bitcoin. Act on that fear and worry, and I will even do you a favor. To allow all of you to exit at the best possible price, my friends and I will be market buying Bitcoin for the rest of the day to help you all exit your positions. You are all whalecome. And remember, do NOT zoom out, do NOT review historical data past 1 week, and FEEL AND SPREAD PANIC.', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/', 'u1k7uk', [['u/UranusisGolden', 160, '2022-04-12 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4ctgtg/', 'Please sell so I can buy.', 'u1k7uk'], ['u/Odlavso', 854, '2022-04-12 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4ctlsa/', 'RIP Bitcoin, you were to good for this world', 'u1k7uk'], ['u/Wonzky', 366, '2022-04-12 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4ctmkh/', "Can't argue with those detailed chart analyses", 'u1k7uk'], ['u/FitEffective', 264, '2022-04-12 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4ctp6h/', "I'm not even losing sleep..... The sarcasm is spot on tbh 😂", 'u1k7uk'], ['u/UnexperiencedIT', 201, '2022-04-12 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cttrv/', 'OP is going to make a youtube channel for TA and will have lots of money', 'u1k7uk'], ['u/Maxx3141', 115, '2022-04-12 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cua33/', "Damn I lost track... How many times did it die now? I hope I didn't miss an anniversary.", 'u1k7uk'], ['u/Etheriality', 1132, '2022-04-12 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cuk30/', 'If it dies, I volunteer to help bury all of it.', 'u1k7uk'], ['u/icest0', 31, '2022-04-12 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cv03x/', 'Forget Ben Cowen. We got new guy.', 'u1k7uk'], ['u/Etheriality', 21, '2022-04-12 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cveal/', 'A eulogy.', 'u1k7uk'], ['u/tahiraslam8k', 48, '2022-04-12 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cvse0/', 'Everyone pls sell, so I can buy cheap.', 'u1k7uk'], ['u/tahiraslam8k', 14, '2022-04-12 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cvx7a/', 'OP will be a better YouTuber than BitBoy.', 'u1k7uk'], ['u/jasomniax', 27, '2022-04-12 01:21', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cw0p6/', '1 day? **1 minute** is the best. When I see a red dildo candle I like to sell', 'u1k7uk'], ['u/irfiisme', 24, '2022-04-12 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cxx3g/', 'If I sell, it will pump.', 'u1k7uk'], ['u/Tomahawkf', 153, '2022-04-12 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cyig9/', 'Too soon. Bitcoin will always remain in our hearts and minds.', 'u1k7uk'], ['u/Tomahawkf', 31, '2022-04-12 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cyvju/', 'Still better TA than 99% of the Crypto YouTubers.', 'u1k7uk'], ['u/Captainvonsnap', 88, '2022-04-12 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4cz3sj/', '....but not in our wallets as the op has implied', 'u1k7uk'], ['u/Reverend_Renegade', 11, '2022-04-12 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4czc4x/', "I'm selling below market becuase I am very scared and have already soiled my trousers.", 'u1k7uk'], ['u/NotRyanPoles', 178, '2022-04-12 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d0oex/', 'He put a frown face on the chart, the man has a point.', 'u1k7uk'], ['u/NotRyanPoles', 35, '2022-04-12 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d0wy2/', "I'm not fucking selling.\n\n![gif](giphy|SaX384PjtDl2U|downsized)", 'u1k7uk'], ['u/International-Fun485', 10, '2022-04-12 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d0x53/', 'You misspelled, Buttcoin is dead. Not Bitcoin.', 'u1k7uk'], ['u/International-Fun485', 36, '2022-04-12 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d17el/', 'My Friend still thinks that Bitcoin could become vanished into thin air, and now I realized that he was right.\n\nRIP Buttcoin.\n\n![gif](giphy|aBOFW2LNUR9uT5lLYr|downsized)', 'u1k7uk'], ['u/Huelino', 36, '2022-04-12 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d275k/', 'But people told me i was early last year :(', 'u1k7uk'], ['u/Etheriality', 88, '2022-04-12 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d2s15/', "Why do I feel like I'm about to do a bunch of useless work?", 'u1k7uk'], ['u/Mini_Whaletail_2828', 14, '2022-04-12 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d2txp/', 'Took your advice. Sold it all and bought shiba. Thank you for the financial advice!', 'u1k7uk'], ['u/kamariguz77', 18, '2022-04-12 02:13', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d32kv/', 'Time for us to buy', 'u1k7uk'], ['u/Auzzie_xo', 20, '2022-04-12 02:15', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d3b63/', 'The bigger the frown the bigger the down.', 'u1k7uk'], ['u/volvostupidshit', 77, '2022-04-12 02:15', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d3bof/', 'Early enough to get rekt.', 'u1k7uk'], ['u/Vimmington', 16, '2022-04-12 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d3ja8/', 'But once I do, it will surely pump.', 'u1k7uk'], ['u/Vimmington', 41, '2022-04-12 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d3lor/', "It's just summer of last year all over again. DCA and carry on.", 'u1k7uk'], ['u/LibertarianCommie999', 31, '2022-04-12 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/u1k7uk/bitcoin_is_officially_dead_please_sell/i4d3mwe/', 'A point and a few lines', 'u1k7uk'], ['u/International-Fun485', 49, '2022-04-12 02:21', '... Based 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 Hannah Lang WASHINGTON (Reuters) - The U.S. dollar eased back from a nearly two-year high on Wednesday as the euro reversed course and turned positive ahead of a policy-setting meeting at the European Central Bank on Thursday. Against a basket of six major currencies, the dollar fell to 99.888, after climbing early in the day to 100.52, the highest since May 2020. It has gained nearly 3% so far this month and was on track for its biggest monthly rise in nine months. The dollar index fell 0.449%, with the euro up 0.54% to $1.0884. "The dollar has just been on quite a tear for weeks now, and I think the run up to the ECB tomorrow (Thursday) is providing a convenient excuse for the market to book some profit in the dollar\'s gains," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. The Japanese yen also pared losses against the dollar, which had soared to a nearly 20-year high against the yen at one point on Wednesday as aggressive tightening from the Federal Reserve contrasted sharply with the Bank of Japan\'s ultra-loose monetary policy. The yen weakened 0.19% versus the greenback at 125.61 per dollar. Although the market is not anticipating any interest rate changes from the ECB at Thursday\'s meeting, market participants will be looking for a more hawkish tone from ECB President Christine Lagarde that could tee up a rate hike later in the year. Money markets are pricing in about 70 basis points of interest rate tightening by December. It is likely that markets are pricing in hawkish sentiment from the ECB at the upcoming meeting, but that tone will do little to keep pace with the aggressiveness of the Federal Reserve\'s approach to inflation, Manimbo said. "Even a hawkish ECB isn\'t likely to change the narrative of the Fed raising rates at a far faster pace than Europe," Manimbo added. Data showing U.S. producer prices in March surging 11.2% on a year-on-year basis, the largest increase since 12-month data were first calculated in November 2010, reinforced market expectations that the Fed will raise interest rates by half a percentage point at next month\'s policy meeting. Story continues "The United States economy seems to be isolated enough and showing enough signs of inflation that the Fed is going to continue maintaining a very, very hawkish line and acting on it, and by doing so, of course, improving the dollar value," said Juan Perez, director of trading, at Monex USA in Washington. Elsewhere, the Canadian dollar rallied after the Bank of Canada on Wednesday raised interest rates by half a percentage point - its biggest single move in more than two decades. The central bank also promised more rate hikes to battle soaring inflation. The Canadian dollar rose 0.56% versus the greenback at C$1.26 per dollar. Bitcoin last rose 4.65% to $41,368.19. (This story corrects first paragraph to reflect that the U.S. dollar eased back from a nearly two-year high, instead of low) ======================================================== Currency bid prices at 3:06PM (1906 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 99.8570 100.3300 -0.46% 4.384% +100.5200 +99.8220 Euro/Dollar $1.0887 $1.0826 +0.55% -4.24% +$1.0894 +$1.0809 Dollar/Yen 125.6300 125.4000 +0.18% +9.13% +126.3050 +125.3500 Euro/Yen 136.75 135.73 +0.75% +4.93% +136.7700 +135.7100 Dollar/Swiss 0.9340 0.9324 +0.18% +2.40% +0.9356 +0.9316 Sterling/Dollar $1.3109 $1.3000 +0.84% -3.07% +$1.3113 +$1.2973 Dollar/Canadian 1.2568 1.2641 -0.56% -0.58% +1.2676 +1.2557 Aussie/Dollar $0.7445 $0.7455 -0.13% +2.41% +$0.7475 +$0.7392 Euro/Swiss 1.0166 1.0098 +0.67% -1.96% +1.0169 +1.0089 Euro/Sterling 0.8303 0.8327 -0.29% -1.15% +0.8343 +0.8302 NZ $0.6786 $0.6850 -0.92% -0.84% +$0.6901 +$0.6753 Dollar/Dollar Dollar/Norway 8.7630 8.7725 +0.13% -0.29% +8.8685 +8.7695 Euro/Norway 9.5414 9.5029 +0.41% -4.71% +9.5916 +9.4933 Dollar/Sweden 9.4839 9.5061 +0.23% +5.17% +9.5651 +9.4712 Euro/Sweden 10.3253 10.3013 +0.23% +0.89% +10.3459 +10.3022 (Reporting by Hannah Lang; Additional reporting by Saikat Chatterjee in London; Editing by Tomasz Janowski, David Holmes, Gertrude Chavez-Dreyfuss and Will Dunham)', 'By Hannah Lang WASHINGTON (Reuters) - The U.S. dollar eased back from a nearly two-year high on Wednesday as the euro reversed course and turned positive ahead of a policy-setting meeting at the European Central Bank on Thursday. Against a basket of six major currencies, the dollar fell to 99.888, after climbing early in the day to 100.52, the highest since May 2020. It has gained nearly 3% so far this month and was on track for its biggest monthly rise in nine months. The dollar index fell 0.449%, with the euro up 0.54% to $1.0884. "The dollar has just been on quite a tear for weeks now, and I think the run up to the ECB tomorrow (Thursday) is providing a convenient excuse for the market to book some profit in the dollar\'s gains," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. The Japanese yen also pared losses against the dollar, which had soared to a nearly 20-year high against the yen at one point on Wednesday as aggressive tightening from the Federal Reserve contrasted sharply with the Bank of Japan\'s ultra-loose monetary policy. The yen weakened 0.19% versus the greenback at 125.61 per dollar. Although the market is not anticipating any interest rate changes from the ECB at Thursday\'s meeting, market participants will be looking for a more hawkish tone from ECB President Christine Lagarde that could tee up a rate hike later in the year. Money markets are pricing in about 70 basis points of interest rate tightening by December. It is likely that markets are pricing in hawkish sentiment from the ECB at the upcoming meeting, but that tone will do little to keep pace with the aggressiveness of the Federal Reserve\'s approach to inflation, Manimbo said. "Even a hawkish ECB isn\'t likely to change the narrative of the Fed raising rates at a far faster pace than Europe," Manimbo added. Data showing U.S. producer prices in March surging 11.2% on a year-on-year basis, the largest increase since 12-month data were first calculated in November 2010, reinforced market expectations that the Fed will raise interest rates by half a percentage point at next month\'s policy meeting. Story continues "The United States economy seems to be isolated enough and showing enough signs of inflation that the Fed is going to continue maintaining a very, very hawkish line and acting on it, and by doing so, of course, improving the dollar value," said Juan Perez, director of trading, at Monex USA in Washington. Elsewhere, the Canadian dollar rallied after the Bank of Canada on Wednesday raised interest rates by half a percentage point - its biggest single move in more than two decades. The central bank also promised more rate hikes to battle soaring inflation. The Canadian dollar rose 0.56% versus the greenback at C$1.26 per dollar. Bitcoin last rose 4.65% to $41,368.19. (This story corrects first paragraph to reflect that the U.S. dollar eased back from a nearly two-year high, instead of low) ======================================================== Currency bid prices at 3:06PM (1906 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 99.8570 100.3300 -0.46% 4.384% +100.5200 +99.8220 Euro/Dollar $1.0887 $1.0826 +0.55% -4.24% +$1.0894 +$1.0809 Dollar/Yen 125.6300 125.4000 +0.18% +9.13% +126.3050 +125.3500 Euro/Yen 136.75 135.73 +0.75% +4.93% +136.7700 +135.7100 Dollar/Swiss 0.9340 0.9324 +0.18% +2.40% +0.9356 +0.9316 Sterling/Dollar $1.3109 $1.3000 +0.84% -3.07% +$1.3113 +$1.2973 Dollar/Canadian 1.2568 1.2641 -0.56% -0.58% +1.2676 +1.2557 Aussie/Dollar $0.7445 $0.7455 -0.13% +2.41% +$0.7475 +$0.7392 Euro/Swiss 1.0166 1.0098 +0.67% -1.96% +1.0169 +1.0089 Euro/Sterling 0.8303 0.8327 -0.29% -1.15% +0.8343 +0.8302 NZ $0.6786 $0.6850 -0.92% -0.84% +$0.6901 +$0.6753 Dollar/Dollar Dollar/Norway 8.7630 8.7725 +0.13% -0.29% +8.8685 +8.7695 Euro/Norway 9.5414 9.5029 +0.41% -4.71% +9.5916 +9.4933 Dollar/Sweden 9.4839 9.5061 +0.23% +5.17% +9.5651 +9.4712 Euro/Sweden 10.3253 10.3013 +0.23% +0.89% +10.3459 +10.3022 (Reporting by Hannah Lang; Additional reporting by Saikat Chatterjee in London; Editing by Tomasz Janowski, David Holmes, Gertrude Chavez-Dreyfuss and Will Dunham)', 'By Hannah Lang WASHINGTON (Reuters) - The U.S. dollar eased back from a nearly two-year high on Wednesday as the euro reversed course and turned positive ahead of a policy-setting meeting at the European Central Bank on Thursday. Against a basket of six major currencies, the dollar fell to 99.888, after climbing early in the day to 100.52, the highest since May 2020. It has gained nearly 3% so far this month and was on track for its biggest monthly rise in nine months. The dollar index fell 0.449%, with the euro up 0.54% to $1.0884. "The dollar has just been on quite a tear for weeks now, and I think the run up to the ECB tomorrow (Thursday) is providing a convenient excuse for the market to book some profit in the dollar\'s gains," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. The Japanese yen also pared losses against the dollar, which had soared to a nearly 20-year high against the yen at one point on Wednesday as aggressive tightening from the Federal Reserve contrasted sharply with the Bank of Japan\'s ultra-loose monetary policy. The yen weakened 0.19% versus the greenback at 125.61 per dollar. Although the market is not anticipating any interest rate changes from the ECB at Thursday\'s meeting, market participants will be looking for a more hawkish tone from ECB President Christine Lagarde that could tee up a rate hike later in the year. Money markets are pricing in about 70 basis points of interest rate tightening by December. It is likely that markets are pricing in hawkish **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: 2022-04-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $763,155,755,700 - Hash Rate: 198950531.06279945 - Transaction Count: 276968.0 - Unique Addresses: 682050.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As commodities prices spike and stocks swoon as a result of Russia waging war against Ukraine, the monetary system could be changed in profound ways, some analysts say. At some point in the future,digital tokens may revert to the inflation hedge and safe-havenfrom fiat turmoil, as envisioned when they were first created. Traditional safe havens like gold, U.S. Treasuries and the U.S. dollar have surged in the current environment of risk-aversion. In a recent analysis, Zoltan Pozsar, global head of short-term interest strategy with Credit Suisse, said the crisis-level crunch could eventually benefit Bitcoin after the current market bedlam passes. "We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West," Pozsar wrote in a research note. Amid the unfolding crisis, Pozsar added that the turmoil — partly inspired by punitive Western sanctions against Russia — is enhancing the "allure" of other forms of money, the analyst noted. "Bretton Woods II was built on inside money, and its foundations crumbled a week ago when the G7 seized Russia’s FX reserves," he added. Digital tokens and crypto-related stocks have been largely tracking risk appetite in equities. Crypto-related names like Microstrategy (MSTR) (-7.6%), Coinbase (COIN) (-17%) and Marathon (MARA) (-14%) continue to sell off relative to BTC. Changing just below $39,000 on Tuesday, Bitcoin (BTC-USD) is down 13% over the past week, but traded flat on the day. The global market cap for cryptocurrencies shed a staggering $4.3 billion overnight, and sits at $1.74 trillion according to asset research firm, Fundstrat. The second largest cryptocurrency, ether (ETH-USD) has sold off 2% for the same period, down almost 15% loss over the past week. It's 24-hour put/call ratio has climbed to an 5-month high, according to Coinbase Skew, which signals bearish investors are emboldened. Still, BTC is faring better than most other digital coins, even though the narrative of it being a safe-haven has been put to rest by recent price action. In the long run, it might come out better than most, Pozsar argued, given that punitive sanctions have made a more decentralized financial transaction system more appealing. “This crisis is not like anything we have seen since President Nixon took the U.S. dollar off gold in 1971 – the end of the era of commodity-based money," the economist said. And when the Russia-Ukraine conflict ends, the analyst called for a “much weaker” U.S. dollar — and a stronger Chinese renminbi — supported by a basket of commodities. “‘Money’ will never be the same again,” Pozsar wrote, “and Bitcoin (if it still exists then) will probably benefit from all this.” Marko Papic, chief strategist at alternative asset platform Clocktower Group, pointed out in a research note that predictions ofU.S. dollar losing its perch as the world’s reserve currencyas fallout from Russian sanctions were “overstated.” However, he indicated a more polarized monetary order across world commerce “will likely have a multipolar FX reserve menu,” meaning the value of currencies will change. Yet Jon Wolfenbarger, CEO and Founder of private investment research platform, Bull and Bear Profits, told Yahoo Finance that “Bitcoin would potentially benefit from a weaker U.S. dollar and a stronger commodities-backed Chinese currency," as investors sought out alternatives. If sanctions against aggressor Russian banks create a significant enough commodities supply shock, western investors might decide to move their assets from the safety of the U.S. dollar to some alternative store-of-value, he argued. “Assuming governments do not ban it, Bitcoin is a great alternative with less political risks,” Wolfenbarger added. David Hollerith covers cryptocurrency for Yahoo Finance. Follow him@dshollers. Read the latest financial and business news from Yahoo Finance Read the latest cryptocurrency and bitcoin news from Yahoo Finance Follow Yahoo Finance onTwitter,Instagram,YouTube,Facebook,Flipboard, andLinkedIn... - Reddit Posts (Sample): [['u/slvbtc', 'The crypto transaction bill being pushed through by Cynthia Lummis makes bitcoin transactions less than $600 no longer subject to capital gains tax reporting in the US.', 569, '2022-04-13 00:04', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/', 'If this bill passes think about how that will change behaviour. You can sell your btc in bulk through exchanges and pay CGT, or you can spend your bitcoin at mcdonalds and walmart when you go shopping and pay zero tax.\n\nThis is a pretty big deal. It will lead to a huge chunk of bitcoiners moving away from exchanges and just spending their btc whenever they need to.\n\nThis would change behaviour immensely by financially incentivising people to move away from treating bitcoin as an investment on an exchnage to actually spending it as money.\n\nBig big deal for the US if this bill passes IMO.', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/', 'u2aple', [['u/OkOkay', 96, '2022-04-13 00:15', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hlg44/', 'This would be huge. The fact that BTC is classified as property and not currency is the biggest obstacle.', 'u2aple'], ['u/ndgoLiberty', 71, '2022-04-13 00:30', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hmu6i/', 'This changes the game', 'u2aple'], ['u/Kitten_Team_Six', 55, '2022-04-13 00:38', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hnud7/', 'She and anyone else pro bitcoin will be getting my vote, dont care about any other issue because they all corrupt anyways', 'u2aple'], ['u/walloon5', 12, '2022-04-13 00:54', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hpzwb/', '$600 a day? %$600 a month? in one transaction?', 'u2aple'], ['u/toddgak', 25, '2022-04-13 01:17', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4ht4f8/', "Remember when the The Bank Secrecy Act made any transaction over $10,000 suspicious, requiring reporting? (that was in 1970 which is about $74,000 in today's dollars) This was adopted the world over and now standard in the banking industry in many countries. \n\nSo instead of the insanity that $10,000 is not $74,000, and it's still being seen as 'suspicious', we now have the idea that anything over $600 could still be 'suspicious'. \n\nDoes anyone get this yet?", 'u2aple'], ['u/Only_Ad_1079', 17, '2022-04-13 01:24', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hu1ow/', "The notion of having to track and report on BTC micro transactions in the real world sounds like a nightmare without these kinds of changes to legislation.\n\nIt's already enough work to track crypto *asset* purchases and sales for CGT purposes.", 'u2aple'], ['u/AloneDay8829', 37, '2022-04-13 01:51', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hxtq0/', 'ALL Bitcoin transactions should be capital gains free', 'u2aple'], ['u/K0rbenKen0bi', 23, '2022-04-13 02:06', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4hzzlg/', "Will never happen. Guarantee the banking cartels are already lobbying their asses off about the news from Strike. Removing the tax base would bring uncle Sam into the fray as well. I'm now a very big fan of hers, but her bill is a reelection talking point at best. Those on high, bought and sold by the banks, won't ever let it get through. Representatives indeed...", 'u2aple'], ['u/Walmart_Warrior_420', 11, '2022-04-13 02:30', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4i3b96/', 'Sounds like we should build you a statue in front of Bitcoin 2023 ( ͡° ͜ʖ ͡°)', 'u2aple'], ['u/ShittingOutPosts', 30, '2022-04-13 03:45', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4idwdt/', "It's absolutely worth discussing. Discussions lead to pressure on the politician to act in our favor.", 'u2aple'], ['u/Freddybone32', 31, '2022-04-13 05:32', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4irxp7/', "Bitcoin is digital property just as much as it is digital currency. It's both. It's magic fucking internet money. Why are we trying to put a square peg in a round hole with these legal definitions?\n\nThere needs to be an evolution of laws to deal with an evolution of a monetary system.", 'u2aple'], ['u/davidcwilliams', 18, '2022-04-13 08:04', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4j7dmj/', '15 years ago a guy walked up to me near the steps of the courthouse in Las Vegas and asked me if I would sign a petition in order to legalize marijuana.\n\nI said "It\'s never gonna happen, man."\n\nNow over a *third* of the States have legalized recreational use.', 'u2aple'], ['u/Bitcoin__Hodler', 11, '2022-04-13 10:09', 'https://www.reddit.com/r/Bitcoin/comments/u2aple/the_crypto_transaction_bill_being_pushed_through/i4jgow7/', "> It's magic fucking internet money.", 'u2aple']]], ['u/slvbtc', 'At some point over the next 12 to 18 months bitcoin will have a supply shock orders of magnitude greater than any asset on earth ever before in history.', 203, '2022-04-13 00:39', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/', 'Precious metals bugs reminisce over the silver supply shock of the 1980s and long for that day to happen once again. But bitcoin is a thousand times more scarce and silver was never poised to become the worlds new financial and payment rails.\n\nWhat is coming for bitcoin will blow all past asset supply shocks out of the water and this event will be talked about as the greatest single event in financial history for decades to come.', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/', 'u2bbd7', [['u/Woodpecker3453', 42, '2022-04-13 00:41', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4ho8um/', 'Are you talking about the next halving?', 'u2bbd7'], ['u/slvbtc', 48, '2022-04-13 00:43', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4hoh2l/', 'Not even. Just institutional fomo occuring right as theres basically zero supply to feed their demand.', 'u2bbd7'], ['u/frequent_heron_2102', 27, '2022-04-13 00:55', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4hq3mf/', 'The silver supply shock was the result of two brothers cornering the market and they eventually went bankrupt due to lawsuits.', 'u2bbd7'], ['u/Wholly_Macaroni', 12, '2022-04-13 01:05', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4hrhts/', 'I would disagree in that they weren’t trying to corner the market, per se. Rather, the history writers have panned and slandered them in this light to cover for the insane and corrupt manipulation of the market by everyone else. This is how I’ve come to understand it, at least 🤷\u200d♂️', 'u2bbd7'], ['u/Consequenceplz', 55, '2022-04-13 01:10', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4hs540/', 'All it\'s going to take is one central Bank to say "hm, this crypto thing might not be going away" and allocate .5% to securing a position. That\'ll drive prices up and since industry people talk to industry people, now other central banks will be like "well shit, xyz did it so we better get in before they hit their .5% it goes up more". Etc.', 'u2bbd7'], ['u/solomonsatoshi', 11, '2022-04-13 01:15', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4hsuyu/', 'Any logical reasoning behind this apparently wishful touting assertion?', 'u2bbd7'], ['u/MrQ01', 34, '2022-04-13 01:20', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4hthqp/', 'Not sure about 12-18 months being particularly special but...\n\nI would say that if anything is going to cause such a catalyst, it would be in the next year or two - unless if something very bearish happens during that time.\n\nAs it stands, the sentiment - from a fundamental perspective - is slowly turning bullish, and there\'s a ridiculously low amount of Bitcoin up for grabs. Just one bit of news that signifies Bitcoin as being given the global "thumbs up" and it\'s a wrap.\n\nOf course, whether a global political "thumbs up" would be 100% beneficial is another matter - but still, if it were to happen, you could guarantee the liquid Bitcoin supply would be gobbled up overnight.\n\nAnd I\'m still shocked this hasn\'t all being gobbled up already.', 'u2bbd7'], ['u/zombiecorp', 33, '2022-04-13 02:50', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4i61p7/', 'A dozen crazed open-mouth guys on YouTube said this last year in at least 200 emergency videos.\n\nI’ll believe it when I see it.\n\n(edit typo)', 'u2bbd7'], ['u/llllllllllllllll12', 22, '2022-04-13 03:08', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4i8iug/', 'Yeah, The avalanche is coming.', 'u2bbd7'], ['u/nullama', 22, '2022-04-13 03:26', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4ib4oz/', 'El Salvador already started.', 'u2bbd7'], ['u/Miserable-Narwhal-84', 10, '2022-04-13 03:37', 'https://www.reddit.com/r/Bitcoin/comments/u2bbd7/at_some_point_over_the_next_12_to_18_months/i4icph5/', 'Game theory', 'u2bbd7'], ['u/hu... Based 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:** ["(Bloomberg) -- Ava Labs Inc., the lead developer of the Avalanche blockchain, is in the process of raising a new round of funding, according to people familiar with the discussions. Its new valuation would make it one of world’s most highly valued crypto startups.\nMost Read from Bloomberg\n• Kremlin Insiders Alarmed Over Growing Toll of Putin’s War in Ukraine\n• Netflix Craters After Shock Subscriber Drop, ‘About-Face’ on Ads\n• Ukrainian Troops Risk Being Encircled in New Russian Offensive\n• Ukraine Update: Mariupol on Brink; China Stands With Moscow\n• In Defense of Elon Musk's Managerial Excellence\nThe company, founded and helmed by Cornell University professor Emin Gun Sirer, is raising $350 million at a $5.25 billion valuation, said one of the people, who spoke on condition of anonymity because the round hasn’t been made public.\nAvalanche is attempting to compete with the likes of Ethereum and Solana by offering high speeds and low transaction fees for applications ranging from trading and lending to games. It has been gaining traction with users and developers, who flocked to the Avalanche Summit in Barcelona in March. Almost 250 active apps are running on Avalanche, many of them in decentralized finance or gaming, according to tracker DappRadar. The related AVAX token has a $21.5 billion market cap and its price is up about 19% over the past month, according to CoinMarketCap.com.\nAva Labs is raising money even as crypto markets remain choppy, with Bitcoin well down from its November all-time high amid worries over Fed tightening, inflation and Russia’s invasion of Ukraine.\nLast year, Polychain Capital and Three Arrows Capital led a $230 million round in the Avalanche public blockchain ecosystem via a token sale that benefited the Avalanche Foundation. In 2020, Ava Labs raised $12 million for the project through a private token sale led by Bitmain, Galaxy Digital and others.\nFounded in 2018, Ava Labs also raised a $6 million round in 2019, from investors including Andreessen Horowitz and Polychain. The company has 170 employees, according to PitchBook.\nRepresentatives for Ava Labs didn’t immediately respond to requests for comment.\nMost Read from Bloomberg Businessweek\n• Beijing Crackdown Derails Alibaba’s Bid for Amazon-Size Profit\n• Alzheimer’s Trials Exclude Black Patients at ‘Astonishing’ Rate\n• America’s Favorite Truck Is About to Test Tesla’s Dominance\n• How WALL-E Predicted the Future\n• How Two Ex-Cops Cracked a $100 Million Maritime Mystery\n©2022 Bloomberg L.P.", "(Bloomberg) -- Ava Labs Inc., the lead developer of the Avalanche blockchain, is in the process of raising a new round of funding, according to people familiar with the discussions. Its new valuation would make it one of world’s most highly valued crypto startups. Most Read from Bloomberg Kremlin Insiders Alarmed Over Growing Toll of Putin’s War in Ukraine Netflix Craters After Shock Subscriber Drop, ‘About-Face’ on Ads Ukrainian Troops Risk Being Encircled in New Russian Offensive Ukraine Update: Mariupol on Brink; China Stands With Moscow In Defense of Elon Musk's Managerial Excellence The company, founded and helmed by Cornell University professor Emin Gun Sirer, is raising $350 million at a $5.25 billion valuation, said one of the people, who spoke on condition of anonymity because the round hasn’t been made public. Avalanche is attempting to compete with the likes of Ethereum and Solana by offering high speeds and low transaction fees for applications ranging from trading and lending to games. It has been gaining traction with users and developers, who flocked to the Avalanche Summit in Barcelona in March. Almost 250 active apps are running on Avalanche, many of them in decentralized finance or gaming, according to tracker DappRadar. The related AVAX token has a $21.5 billion market cap and its price is up about 19% over the past month, according to CoinMarketCap.com. Ava Labs is raising money even as crypto markets remain choppy, with Bitcoin well down from its November all-time high amid worries over Fed tightening, inflation and Russia’s invasion of Ukraine. Last year, Polychain Capital and Three Arrows Capital led a $230 million round in the Avalanche public blockchain ecosystem via a token sale that benefited the Avalanche Foundation. In 2020, Ava Labs raised $12 million for the project through a private token sale led by Bitmain, Galaxy Digital and others. Founded in 2018, Ava Labs also raised a $6 million round in 2019, from investors including Andreessen Horowitz and Polychain. The company has 170 employees, according to PitchBook. Story continues Representatives for Ava Labs didn’t immediately respond to requests for comment. Most Read from Bloomberg Businessweek Beijing Crackdown Derails Alibaba’s Bid for Amazon-Size Profit Alzheimer’s Trials Exclude Black Patients at ‘Astonishing’ Rate America’s Favorite Truck Is About to Test Tesla’s Dominance How WALL-E Predicted the Future How Two Ex-Cops Cracked a $100 Million Maritime Mystery ©2022 Bloomberg L.P.", 'By Hannah Lang (Reuters) - The euro plunged to a two-year low against the U.S. dollar on Thursday as comments from European Central Bank President Christine Lagarde were viewed as a sign that the ECB was in no rush to raise interest rates, in contrast with an aggressive monetary policy tightening effort by the U.S. Federal Reserve. The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827. Lagarde said there was no clear timeframe for when rates would start to rise, adding that it could be weeks or even several months after the end of the ECB\'s stimulus scheme. "We\'ll deal with interest rates when we get there," she added. The ECB on Thursday concluded its latest meeting with cautious steps to unwind support and avoided a hard schedule. It confirmed plans to cut bond purchases, commonly known as quantitative easing, this quarter, then end them at some point in the third quarter. Against sterling, the euro slid to a one-month low and was last down 0.28% at 82.79 pence. Lagarde\'s comments were in stark contrast to those of Fed Chair Jerome Powell, said Joseph Trevisani, senior analyst at FXStreet.com. “They could have taken a book from what Jerome Powell has done, and that is to be aggressive rhetorically. Ms. Lagarde did not seem disposed to do that. She was more concerned apparently, and maybe understandably, about the Ukraine war and its impact on Europe," he said. In addition to pushing up gasoline prices, the Russia-Ukraine war, now in its second month, has led to a global surge in food prices as Russia and Ukraine are major exporters of commodities including wheat and sunflower oil. "Frankly, given how uncertain conditions are at the moment, Lagarde\'s caution can be justified, but it is fair to say that markets were expecting a bit more sprinkle after the eventful March meeting," said Ima Sammani, FX market analyst at Monex Europe. Story continues In late afternoon trading, the dollar index, which measures the greenback against six peers, rose 0.544% to 100.33 after earlier hitting 100.76, the highest level since April 2020. The dollar extended gains after data showed U.S. retail sales increased in March, mostly boosted by higher gasoline and food prices. The battered yen saw some respite, making a small recovery from a 20-year low hit against the dollar. In afternoon trading, it weakened 0.25% versus the greenback at 125.94 per dollar. More than three-quarters of Japanese firms say the yen has declined to the point of being detrimental to their business, a Reuters poll found. Other central banks tightened monetary policy, reinforcing expectations of higher interest rates globally. The Bank of Korea surprised markets with a rate hike, while the Monetary Authority of Singapore also tightened policy, sending the Singapore dollar to its highest level since February. On Wednesday, the Bank of Canada and the Reserve Bank of New Zealand both raised rates by 50 basis points, the largest hike for each in around 20 years. [CAD/] Bitcoin last fell 3.53% to $39,784.82. ======================================================== Currency bid prices at 3:44PM (1944 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 100.3200 99.7870 +0.54% 4.868% +100.7600 +99.5670 Euro/Dollar $1.0827 $1.0893 -0.62% -4.78% +$1.0924 +$1.0758 Dollar/Yen 125.9500 125.6600 +0.25% +9.43% +126.0100 +125.0950 Euro/Yen 136.35 136.83 -0.35% +4.63% +136.9300 +135.5300 Dollar/Swiss 0.9426 0.9347 +0.86% +3.34% +0.9433 +0.9324 Sterling/Dollar $1.3076 $1.3117 -0.29% -3.29% +$1.3147 +$1.3034 Dollar/Canadian 1.2616 1.2564 +0.42% -0.21% +1.2641 +1.2522 Aussie/Dollar $0.7417 $0.7453 -0.47% +2.05% +$0.7468 +$0.7397 Euro/Swiss 1.0205 1.0180 +0.25% -1.58% +1.0213 +1.0140 Euro/Sterling 0.8278 0.8302 -0.29% -1.45% +0.8314 +0.8251 NZ $0.6789 $0.6798 -0.09% -0.77% +$0.6834 +$0.6768 Dollar/Dollar Dollar/Norway 8.7750 8.7565 +0.74% +0.14% +8.8330 +8.7380 Euro/Norway 9.5032 9.5206 -0.18% -5.09% +9.5624 +9.4912 Dollar/Sweden 9.5185 9.4714 -0.12% +5.55% +9.5755 +9.4191 Euro/Sweden 10.3045 10.3173 -0.12% +0.69% +10.3266 +10.2789 (Reporting by Hannah Lang; additional reporting by Joice Alves; Editing by Nick Macfie, Chizu Nomiyama, Jan Harvey and Leslie Adler)', 'By Hannah Lang (Reuters) - The euro plunged to a two-year low against the U.S. dollar on Thursday as comments from European Central Bank President Christine Lagarde were viewed as a sign that the ECB was in no rush to raise interest rates, in contrast with an aggressive monetary policy tightening effort by the U.S. Federal Reserve. The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827. Lagarde said there was no clear timeframe for when rates would start to rise, adding that it could be weeks or even several months after the end of the ECB\'s stimulus scheme. "We\'ll deal with 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: 2022-04-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $783,555,505,946 - Hash Rate: 194492275.55499536 - Transaction Count: 265537.0 - Unique Addresses: 673582.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Like peering inside a house through different windows, reading any one news story or data point may offer a useful perspective on the crypto markets, but none on its own can give you the full picture. For Crypto Long & Short this week, I wanted to take three seemingly unconnected stories from the last week or so and tie them together. Aladdin’s magic carpet CoinDesk’s Ian Allison reports that BlackRock may be planning to offer crypto trading to its clients through Aladdin , the $10 trillion asset manager’s integrated investment management platform. This cuts against what CEO Larry Fink said in July (which conveniently happened around the time I last wrote for this newsletter). Fink indicated there was “little demand” for crypto assets from clients, which wasn’t really surprising given those clients include pension funds, endowments and other types of conservative capital with infinite time horizons. However, one of Ian’s sources said of BlackRock: “They see all the flow that everyone else is getting and want to start making some money from this.” Still, it is a bit surprising that the potential Aladdin offering appears to extend beyond bitcoin, though it’s unclear which other “crypto assets” BlackRock would offer to clients. Bitcoin had solidified itself as crypto’s “blue-chip” asset around the time MassMutual made a $100 million purchase in 2020. You’re reading Crypto Long & Short , our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Sunday. Maybe crypto’s total market cap settling somewhere between $1.5 trillion and $3.0 trillion for the last year or so changed minds at BlackRock. Maybe it was Jump Trading finally diving into crypto in September . Maybe enough Zoomers pestered their high-net-worth parents about cryptocurrencies at dinner tables until it hit a tipping point. Whatever the catalyst, I think the news is far more important than people are giving it credit for. BlackRock wouldn’t explore something if there wasn’t demand for it. On top of that, Aladdin powers the back office for at least $20 trillion of assets , equivalent to 10% of global stocks and bonds. Most importantly, you can’t ignore the gravity that could eventually be BlackRock signaling that “crypto is OK.” Story continues I know investors are independent thinkers, but it sure helps when the $10 trillion giant corroborates your views. Where is this bitcoin going? The amount of bitcoin held on exchanges has gone down every day since Jan. 22 of this year. This caught my eye in Glassnode’s weekly on-chain metrics report , which you should definitely check out if quality data analysis excites you. Source: Glassnode This sort of stuff happens in cycles for bitcoin. Sometimes investors want to de-risk and sell coins, so inflows to exchanges spike. Other times, investors want to hold, so outflows from exchanges to more permanent (“cold”) storage spike. It’s no surprise that this three-week period of outflows happened during bitcoin’s run-up from $33,000 to $45,000 because fewer bitcoins on exchanges theoretically eases selling pressure. So is anyone selling bitcoin? If someone is, it certainly isn’t publicly traded bitcoin miner Marathon (NASDAQ: MARA). At least, that’s according to a tweet the company sent out last Monday in response to a Bloomberg article that suggested miners were selling coins in a “ worrying sign of a shakeout .” In theory, miners make money by mining bitcoin and immediately selling it for the local currency in order to pay expenses (most utilities and landlords don’t accept magic internet money). In reality, a number of these are well-capitalized firms that don’t need to sell bitcoin continuously. “We started #hodling in October 2020, and since then, we have not sold a single satoshi." @charlieschu on $MARA 's strategy to #HODL #Bitcoin https://t.co/odTNdc9tOb — Marathon Digital Holdings (@MarathonDH) February 14, 2022 Yet, despite Marathon’s tweet, miners did mostly sell coins starting Feb. 5 through this weekend following accumulation since Nov. 19. But to call this activity “worrying” seems mistaken. Shorter periods of net selling from miners isn’t really associated with the type of price weakness that would worry a seasoned investor. To boot, the last prolonged period of net selling by miners was from January to March 2021, a period which was punctuated by astounding price performance and the first time bitcoin broke $60,000. Source: Glassnode Everything is delicately tied together The three preceding narratives are loosely tied together. Some people think bitcoiners are attempting to rebuild the financial system with code, and that along the way these coders are learning why things are the way they are. I partially agree, but I mostly disagree. Bitcoin is different and the system these devs are building is in its own category. This is precisely why it makes total sense that BlackRock is getting involved in bitcoin and other cryptos. Miners are the commercial infrastructure of Bitcoin. Without them, transactions couldn’t happen and new bitcoin couldn’t be issued. However, miners aren’t the ones facilitating the order books that give it a price in dollars, ether, dogecoin or whatever. That’s the job of exchanges, traders and market makers. Some may see miners as analogous to the U.S. Federal Reserve and Treasury Department, minting currency for circulation into the economy. However, miners are also likened to Visa because they enable transaction settlement. But also, not really. The point is, Bitcoin doesn’t perfectly fit into any box we have right now. Ancillary businesses around miners include the crypto exchanges that facilitate secondary market trading between crypto assets. Exchanges are important – they are among the most valuable companies in the space – in that they give relative value to bitcoin and by extension, the multitudes of alternative crypto assets that were inspired by it. In its role as an asset manager, BlackRock counts itself as one of the most important parties in facilitating the government securities trading that gives U.S. monetary policy teeth. This is a vaunted position in the global economy not to be taken lightly. That said, beyond helping move financial instruments as needed for the Fed, BlackRock takes part in other ancillary businesses where it can make money, such as buying and selling equities, commodities and real estate on behalf of those businesses or its investors. But BlackRock is still just that: an ancillary business around the Fed and the economic machine. An ancillary business with a whole lot of capital (and single-family homes ). In all, crypto simply represents a new asset class that BlackRock hasn’t had the pleasure of making money in yet. That’s why it looks to be extending beyond bitcoin. BlackRock doesn’t need crypto, yet, but it sure won’t hurt it to get involved now.... - 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:** ["Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Many people believe that crypto will increase access to financial services for underbanked communities. These crypto proponents say that the abundance of mobile devices will allow people to skip banks altogether and to use crypto instead. More than five billion people in the world – nearly 70% – currently own a cell phone, according to the international mobile technology trade organization GSMA, and a large portion come from underserved areas with little if any access to banking services. The crypto believers say that crypto, particularly some of the latest Web 3 innovations, offers hope for the underbanked, and that serving the underbanked is where crypto can be most useful. They add that traditional financial institutions’ slothlike service can’t compete with cryptocurrency technology. But new crypto technologies are far from helping underserved communities escape their financial isolation. The companies behind crypto, including but not limited to decentralized finance ( DeFi ), have failed to provide user friendly apps, educational resources and other tools. The tools themselves are often hard to use. As a result, bitcoin (BTC) and other cryptos have yet to make substantial inroads as usable currencies. Bitcoin’s volatility is also discouraging. How can people put faith in an asset whose price seems to rise and fall with the winds? Indeed, even as public awareness about crypto mushrooms, and some of the world’s largest institutional investors launch their first projects to address demand for the asset, crypto has yet to approach parity with traditional currencies. Even in the United States, with its massive wealth and hubs of innovation, people rarely use crypto to pay rent, taxes or other common expenses. Relatively few retailers accept it. What can crypto provide if the controls are hard to use and those who might use it don’t have enough willing partners to make the system work? They might as well be given fighter jets to fly. To be sure, I remain a believer in crypto’s potential. I see bitcoin, and perhaps several altcoins one day becoming common forms of exchange. I view blockchain technology as a way to improve entrenched, centralized systems in financial services and perhaps every other industry. I believe that crypto can change lives because it serves the individual consumer’s needs. Read More: A Digital Dollar May Help the Poor, but It’s Far From a Done Deal But I would like to suggest an alternative approach to crypto, an intermediary step while we wait for the right conditions for widespread adoption to occur that makes more sense than trying to convert people unready for conversion. Story continues Financial services organizations and policy makers would do better focusing on widening access to the services that the underbanked need to conduct transactions, even if those are not related to crypto. Underserved communities need help now, and whether this assistance is rooted in fiat currency and central banking systems should not hamstring the process. A volatile asset Crypto is more of an investment class than a payment method or new banking system. And while its trajectory has risen markedly in its short history, even with some massive dips, such as the current six-month decline from a high of nearly $70,000 in the fall of 2021, there is no guarantee of it holding its value from one day to the next. Such changeability is frightening for people dealing with survival issues, and perhaps accustomed to their own native currencies losing value quickly. Such fear is particularly relevant now. Even before Russia’s invasion of Ukraine, inflation was soaring. Think the U.S.’s 8.5% inflation is high, look at other countries. Brazil's monthly annual inflation. (TradingEconomics) Brazil, which was once a model of economic improvement, now struggles with over 10% inflation. Nigeria, a business hub for sub-Saharan Africa, has been fighting nearly 16% levels, which represents an improvement from much of 2021 (see below). And a number of developing countries are higher, still. Nigeria's monthly inflation (TradingView) Stablecoins? Some crypto observers believe that stablecoins may offer a better alternative to bitcoin because they are less volatile and seem more familiar by virtue of their ties to the U.S. dollar. The crypto startup Reserve is even trying to get people in South Africa and in other countries to use its stablecoin. Read More: Can Bitcoin Deliver on its Promise to the World's Unbanked? But stablecoins suffer from many of the same problems as BTC and other cryptos. They are difficult to fathom and to use. Not many people accept them. The next time you visit a coffee shop, ask the barista if they accept USDC or terra. They’ll think you’re from outer space and point to their Square console. The need for a better on-ramp I don’t mean to sound discouraging. Crypto will one day be an option widely available for daily transactions. Its logic and efficiency are too compelling to ignore. But we have not yet arrived at that point. We are at a transitional stage in the global economy with communities that once seemed like unpromising bystanders starting to participate. But they need help now. Instead of focusing on blockchain technologies that remain outside their grasp, albeit tantalizingly, they would be better served by on-ramps to centralized financial networks, particularly the U.S. monetary system that, at least for now, plays the pivotal role in financial markets. This is not to excuse these systems’ flaws. We would not have blockchain technology and bitcoin if they were perfect. The Canadian trucker protests underscored centralized systems’ vulnerability to state oversight. Inspired by the protests, David Heinemeier Hansson, the founder of programming language Ruby on Rails and a hardcore technologist, recently wrote that he could see a future for cryptocurrencies in countries during periods of unrest. He noted that crypto could help individuals circumvent state surveillance that has risen over the past two years amid the global COVID-19 pandemic and other chaotic events globally. And we have seen crypto’s power in the ability of Ukraine supporters raising $100 million to fight off Russia’s unprovoked invasion. No traditional monetary system could have raised such an amount with the speed and efficiency of blockchain. But people for now want a way to conduct their business. Even in underbanked areas, the most reasonable options still require a traditional financial services provider. That will one day change as crypto continues to embed itself more firmly in our daily lives. But simpler technological innovations offer greater, immediate help for underserved populations. Access to simple things like a bank account via a phone would be a more impactful first step than skipping over the basics and going right into crypto. That doesn’t sound like much, but for now it will have to suffice. Crypto’s time will come soon enough. Read More: How Crypto Can Power the Future of Work for People of Color View comments", "Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nMany people believe that crypto will increase access to financial services for underbanked communities.\nThese crypto proponents say that the abundance of mobile devices will allow people to skip banks altogether and to use crypto instead. More than five billion people in the world – nearly 70% – currently own a cell phone, according to the international mobile technology trade organization GSMA, and a large portion come from underserved areas with little if any access to banking services.\nThe crypto believers say that crypto, particularly some of the latestWeb 3innovations, offers hope for the underbanked, and that serving the underbanked is where crypto can be most useful. They add that traditional financial institutions’ slothlike service can’t compete with cryptocurrency technology.\nBut new crypto technologies are far from helping underserved communities escape their financial isolation. The companies behind crypto, including but not limited to decentralized finance (DeFi), have failed to provide user friendly apps, educational resources and other tools.\nThe tools themselves are often hard to use. As a result, bitcoin (BTC) and other cryptos have yet to make substantial inroads as usable currencies. Bitcoin’s volatility is also discouraging. How can people put faith in an asset whose price seems to rise and fall with the winds?\nIndeed, even as public awareness about crypto mushrooms, and some of the world’s largest institutional investors launch their first projects to address demand for the asset, crypto has yet to approach parity with traditional currencies. Even in the United States, with its massive wealth and hubs of innovation, people rarely use crypto to pay rent, taxes or other common expenses. Relatively few retailers accept it.\nWhat can crypto provide if the controls are hard to use and those who might use it don’t have enough willing partners to make the system work? They might as well be given fighter jets to fly.\nTo be sure, I remain a believer in crypto’s potential. I see bitcoin, and perhaps several altcoins one day becoming common forms of exchange. I view blockchain technology as a way to improve entrenched, centralized systems in financial services and perhaps every other industry. I believe that crypto can change lives because it serves the individual consumer’s needs.\nRead More:A Digital Dollar May Help the Poor, but It’s Far From a Done Deal\nBut I would like to suggest an alternative approach to crypto, an intermediary step while we wait for the right conditions for widespread adoption to occur that makes more sense than trying to convert people unready for conversion.\nFinancial services organ **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: 2022-04-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $761,021,868,088 - Hash Rate: 221692722.83303383 - Transaction Count: 254831.0 - Unique Addresses: 666824.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The latest crypto miner to go public is U.S.-based Bitstream Mining, as its owner, Agora Digital Holdings, plans an initial public offering on the Nasdaq, according to a Wednesday IPO prospectus filed with the Securities and Exchange Commission. • Agora will list under the ticker DEFY, with a pro forma total stockholders' equity of $53 million but has not announced the share price, the prospectus said. Agora booked a $3.3 million loss the nine months ended Dec. 31, 2021, according to the prospectus. The listing and ticker is still pending regulatory approval. • Agora has invested $7.2 million to set up operations for Bitstream, including buying 5,000 used Canaan AvalonMiner 841 mining rigs for $1.35 million, according to today's filing. About $2.4 million of that was a payment to a power management firm, including a downpayment to an energy supplier, said aSeptember 2021 SEC filing. The firm has agreed to spend another $6 million to buy energy, order miners, and develop mining infrastructure, the prospectus said. • Starting November 2021, 550 of the AvalonMiners are in operation, the prospectus said. The firm expects to deploy Bitmain s19 Pro miners, currently one of the best on the market, through a third-party hosting service provider, Elite Mining, by the end of of Q2 2022, it said in the prospectus. • Ecoark Holdings (ZEST), which owns 90.1% of Agora shares, will hold on to 74% of Agora's equity after the listing, said the prospectus. Approximately three months following this public offering, Ecoark is expected to spin off 80% of its Agora stock it holds, 33,336,997 shares, to Ecoark’s security-holders as a stock dividend. After the stock dividend, 77% of Agora stock will be held by public shareholders, and the firm will act independently from Ecoark, according to the IPO prospectus. • Bitstream has signed a letter of intent with a power broker to obtain 12 megawatts (MW) of electricity in west Texas, and is expecting to buy another 48 MW in the next six to 12 months, according to the IPO prospectus. The firm has also signed a letter of intent for a 30 MW second site at an undisclosed location, and is negotiating definitive agreements for energy, the prospectus said. • Under its September 2021hosting agreement, Elite Mining will supply the Bitmain s19 Pro miners, host the data centers, and operate the machines. Bitstream will replace the Bitmain s19 Pros with its own as soon as it can fund them, including possibly buying Elite Mining's rigs, said the agreement. Through the agreement, Bitstream would take advantage of 6MW of energy worth during a beta testing phase, set to last until mid-January 2022, said the September filing. Read more:Bitcoin Miner Rhodium’s Planned IPO Values It at Up to $1.7B... - 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:** ["Commenting on future trends, the THING community founder said: “The NFT market will continue to grow and expand in 2022.\nTHING\nHong Kong, China, April 15, 2022 (GLOBE NEWSWIRE) -- The THING community has recently built a global Metaverse platform, and plans to invite a number of domestic and foreign large-scale game and related industry KOL, as well as related NFT artists to settle in. At present, the core business direction of the platform content includes: investing in and deploying leading NFT platforms and works, incubating top NFT artists, building bridges for traditional top artists to enter NFT; building a Metaverse game platform, etc.\nThis is not investment advice. Please conduct your own research when investing in any project.\nCommenting on future trends, the THING community founder said: “The NFT market will continue to grow and expand in 2022. Most NFTs will see a wide range of use cases beyond their aesthetic appearance. These include the most likely to be discussed and introduced to the blockchain's financial and DAO mechanisms of NFTs in the economy provide more utility to meet the needs of participants. The amount of innovation in the NFT field is expected to become the most influential, becoming the next generation of killer of the blockchain after the Bitcoin.\nTHING is a community-driven NFT+GameFi+SocialFi Metaverse ecological platform, which was officially launched in December 2021. At the beginning of the entire project, NFT is the first step of the entire ecology. At present, the community has released exclusive NFTs as well as grand storylines and grand game roadmaps.\nIn THING's storyline, it is revealed that a mysterious Mayan family has always existed on the ancient continent. People don't know where they came from, but since they appeared, in every era there is a person who can know the past and present life overnight, and their express can guide people's future direction. It conveys the fame of the Maya family and has become the most respected existence of the mainland race. And these different kinds of NFTs represent different kinds of mysterious lords.\nAt present, THING NFTs are divided into several types, and different types have different uses. The overall functions include obtaining prophecy information, mystery box airdrops, games, publishing works, and developing games.\nTHING NFT Unique Architecture Design\nIn the early markets, many NFT projects did not have long-term plans for the future development path, and their vitality was relatively short, and even many projects only relied on a wave of publicity, after short-term popularity, the whole project disappeared; This unhealthy ecology is difficult to maintain in the long term.\nTHING breaks through the inherent thinking of architectural design. What he wants to create is a social platform for fair participation. On this platform, everyone can use their own advantages to promote the better development of the project. Everyone on the platform can decide how they want to participate. What THING does for you is give you the tools and resources to realize your value.\nUsers who have been exposed to some projects in the early days will know that in the traditional model, NFT is only a part of the economic model in the game, and it is difficult to create more value by itself.\nTake the lead in launching a new game + NFT social model on the THING platform to promote mutual benefit and win-win results. Games are only part of this platform, and NFTs have their own value. Technology, as a means of realization, jointly created Metaverse. On the THING platform, games are only used as carriers and cannot generate real value. If players want to profit from it, they need to participate in community building.\nThe relevant profit model set by THING NFT\nTHING is a completely decentralized community. Players who hold specific NFT cards in the community can enjoy the corresponding operation rights. Players holding painter NFTs can form their own original painting teams, create original paintings, and make NFTs for profit, you can also collaborate with the game creation team to design and participate in profit sharing.\nPlayers can also participate in community dividends by recommending other players to enter the game and becoming a direct contributor to THING. All the above contributors have the right to share the corresponding project tickets. The higher the direct contribution in the game, the higher the commission. Every users can become co-founders of THING.\nTHING integrates NFT, DeFi, GameFi and other models, and fulfills the mission of creating value for players by developing the content and economy of virtual worlds and blockchain games. Pioneering a new mode chain game system, building a value bridge between Metaverse assets and the real world, empowering the Metaverse game world, and allowing more people to participate in the Metaverse wave through THING.\nAs THING matures and expands its influence, its perceived value and price will soar, and a decentralized Metaverse system is just around the corner.\nFor more information, please join the DISCORD channel to get:\nhttps://discord.gg/ePAxZqqrd5\nMedia contact\nContact: Mark sun\nCompany Name: Thing capital\nWebsite: www.thing.bet\nEmail: [email protected]\nDisclaimer: There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation. For more info, please contact [email protected].\nAttachment\n• THING", "Commenting on future trends, the THING community founder said: \x93The NFT market will continue to grow and expand in 2022. THING Commenting on future trends, the THING community founder said: \x93The NFT market will continue to grow and expand in 2022. Hong Kong, China, April 15, 2022 (GLOBE NEWSWIRE) -- The THING community has recently built a global Metaverse platform, and plans to invite a number of domestic and foreign large-scale game and related industry KOL, as well as related NFT artists to settle in. At present, the core business direction of the platform content includes: investing in and deploying leading NFT platforms and works, incubating top NFT artists, building bridges for traditional top artists to enter NFT; building a Metaverse game platform, etc. This is not investment advice. Please conduct your own research when investing in any project. Commenting on future trends, the THING community founder said: \x93The NFT market will continue to grow and expand in 2022. Most NFTs will see a wide range of use cases beyond their aesthetic appearance. These include the most likely to be discussed and introduced to the blockchain's financial and DAO mechanisms of NFTs in the economy provide more utility to meet the needs of participants. The amount of innovation in the NFT field is expected to become the most influential, becoming the next generation of killer of the blockchain after the Bitcoin. THING is a community-driven NFT+GameFi+SocialFi Metaverse ecological platform, which was officially launched in December 2021. At the beginning of the entire project, NFT is the first step of the entire ecology. At present, the community has released exclusive NFTs as well as grand storylines and grand game roadmaps. In THING's storyline, it is revealed that a mysterious Mayan family has always existed on the ancient continent. People don't know where they came from, but since they appeared, in every era there is a person who can know the past and present life overnight, and their express can guide people's future direction. It conveys the fame of the Maya family and has become the most respected existence of the mainland race. And these different kinds of NFTs represent different kinds of mysterious lords. Story continues At present, THING NFTs are divided into several types, and different types have different uses. The overall functions include obtaining prophecy information, mystery box airdrops, games, publishing works, and developing games. THING NFT Unique Architecture Design In the early markets, many NFT projects did not have long-term plans for the future development path, and their vitality was relatively short, and even many projects only relied on a wave of publicity, after short-term popularity, the whole project disappeared; This unhealthy ecology is difficult to maintain in the long term. THING breaks through the inherent thinking of architectural design. What he wants to create is a social platform for fair participation. On this platform, everyone can use their own advantages to promote the better development of the project. Everyone on the platform can decide how they want to participate. What THING does for you is give you the tools and resources to realize your value. Users who have been exposed to some projects in the early days will know that in the traditional model, NFT is only a part of the economic model in the game, and it is difficult to create more value by itself. Take the lead in launching a new game + NFT social model on the THING platform to promote mutual benefit and win-win results. Games are only part of this platform, and NFTs have their own value. Technology, as a means of realization, jointly created Metaverse. On the THING platform, games are only used as carriers and cannot generate real value. If players want to profit from it, they need to participate in community building. The relevant profit model set by THING NFT THING 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: 2022-04-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $763,487,343,469 - Hash Rate: 188017878.85839576 - Transaction Count: 225486.0 - Unique Addresses: 600335.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: ChargePoint (NYSE: CHPT ) stock listed on March 2021 and surged to all-time highs of $36.86 by June 2021. Subsequent to this bullish phase, CHPT stock has largely been in a downtrend and currently trades at $17.47. CHPT a chargepoint charging station Source: Michael Vi / Shutterstock.com The correction does not come as a surprise. In March 2021, ChargePoint reported annual revenue of $146 million. Considering the all-time high stock price, the market capitalization was $11.6 billion. The stock was therefore trading at 80 times sales. However, after the deep correction, the valuations look reasonable. In January 2022, J.P Morgan (NYSE: JPM ) upgraded CHPT stock to “overweight” with a price target of $20 . This would imply about 14% upside from current levels. In all likelihood, CHPT stock has bottomed out. InvestorPlace - Stock Market News, Stock Advice & Trading Tips From a macro perspective, these are interesting times. The escalation in geopolitical tensions in Europe has translated into a surge in crude oil prices. To a large extent, the region depends on Russia for its energy. Further, as oil trends higher, there is likely to be an accelerated shift toward electric vehicles (EVs) . 7 Best Long-Term Stocks to Buy for 2022 Without a proper infrastructure, large scale adoption of EVs is unlikely. ChargePoint is well positioned to benefit with multi-year tailwinds. Robust Growth Is Likely to Sustain For 2021, ChargePoint reported revenue of $242.3 million . On a year-over-year basis, the company’s revenue increased by 65%. It is also worth noting that for the current financial year, the company has guided for revenue of $450 to $500 million . At mid-range of the guidance, the company is positioned for revenue growth of 96%. Clearly, with growth accelerating, CHPT stock looks interesting. I also believe that healthy growth is likely to sustain in the next few years. The first reason to believe that revenue growth will accelerate is the company’s geographic diversification. ChargePoint has a strong presence in the U.S. However, the company has been ramping-up infrastructure in Europe. Presence in two high-growth geographies will ensure that momentum sustains for the company. For fourth quarter 2022, the company reported just 12% revenue from Europe. However, on a year-over-year basis, revenue growth from the region was 135%. Story continues Further, the company’s revenue primarily comes from network charging infrastructure and subscription services. At the end of January 2022, the company had 174,000 ports activated with 51,000 in Europe . As the number of ports increase, the company’s subscription service revenue will swell. This is also likely to have a positive impact on the earnings before interest , taxes, depreciation, and amortization (EBITDA) margin. Cash Burn Is Not a Concern It is worth noting that for the last financial year, ChargePoint reported cash used in operations of $157 million. On a year-over-year basis, the cash burn accelerated. However, I don’t see cash burn as a concern considering two factors. First, ChargePoint is still at an early growth stage. The company’s expenditure related to research, sales and marketing have surged. This has translated into accelerated top-line growth. The operating margin is likely to improve gradually in the next few years. With robust research and development, ChargePoint has several products lined up for release in 2022. Furthermore, as of January 2022, ChargePoint reported cash and equivalents of $315 million. With zero debt, the company has ample financial flexibility. In the conference call, management indicated that the company will achieve cash flow break-even in 2024 . With operating leverage, the company is positioned for healthy cash flows. Concluding Views on CHPT Stock ChargePoint is well positioned for sustained growth in the next few years. The company has also been widening its product pipeline, which will support growth. In a December 2020 presentation, ChargePoint provided investors with a long-term revenue guidance. The company believes that revenue can accelerate to $1.5 billion in 2025 and $2.1 billion in 2026. These are steep estimates. However, I believe that the numbers are achievable considering the under-penetration of charging infrastructure in the U.S. and Europe. Acquisitions are also likely to support the company’s growth trajectory. The recent geopolitical crisis in Europe underscores the importance of renewable energy transformation. ChargePoint seems well-positioned to benefit. CHPT stock seems to have bottomed out after a meaningful correction. Current levels seem attractive for fresh exposure. On the date of publication, Faisal Humayun did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 ‘Forever Battery’ Stock It doesn’t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post ChargePoint Stock Looks Attractive for Long-Term Investors appeared first on InvestorPlace .... - 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:** ['Key Insights: Following a positive week for Ripple Lab, the SEC files yet another extension. The SEC has requested an extension of the deadline to file an objection to Judge Netburn’s January 13 and April 11 Opinions & Orders. Key technical indicators bullish. XRP sits above the 200-day EMA. This week, however, proved to be a potentially damaging week for the SEC, which has delivered XRP with much-needed support. In response to the events this week, the SEC has submitted another extension request. SEC Seeks for More Time to Contest Unfavorable Judge Rulings On Friday, defense lawyer James Filan took to Twitter once more to share the SEC’s latest extension request. Filan tweeted, “The SEC has filed a request for an extension of time to file its objection to Magistrate Judge Netburn’s ruling on the Motion for Reconsideration of the DPP Ruling. The SEC is raising new privilege assertions.” #XRPCommunity #SECGov v #Ripple #XRP The SEC has filed a request for an extension of time to file its Objection to Magistrate Judge Netburn’s Ruling on the Motion for Reconsideration of the DPP Ruling. The SEC is raising new privilege assertions. pic.twitter.com/YgT0jqDqUE — James K. Filan 🇺🇸🇮🇪90k+ (beware of imposters) (@FilanLaw) April 15, 2022 Filan went on further by tweeting, “The SEC says that the defendants are prepared to proceed to summary judgment without a ruling on the Hinman emails and documents.” For the SEC, the Hinman emails and documents are a concern, and the latest extension request illustrates how important it will be for the SEC to exclude some or all of the content from the court. Story continues The SEC is requesting an extension of the deadline to file an objection to Judge Netburn Opinion Orders dated January 13, 2022, and April 11, 2022. It is a second extension request for the January 13 Opinion Order. On April 11, Judge Sarah Netburn denied a motion for the courts to reconsider a ruling relating to a famous 2018 Hinman speech. Hinman said that Bitcoin ( BTC ) and Ethereum ( ETH ) are not securities. On Friday, Filan also shared an SEC filed letter stating that the SEC does not seek to take additional discovery. #XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed a letter stating that it does not seek to take additional discovery at this time, but both parties reserve their rights to take discovery limited to the disgorgement issue, if necessary, after liability is decided. pic.twitter.com/YQHIbTJQHS — James K. Filan 🇺🇸🇮🇪90k+ (beware of imposters) (@FilanLaw) April 15, 2022 For XRP, while the extension request may not be surprising, it does drag out legal proceedings. This could test XRP support near term. XRP Price Action At the time of writing, XRP was up 0.07% to $0.78264. A range-bound start to the day follows a choppy Saturday session. On Saturday, XRP tested resistance at $0.80 with a day high of $0.79958 before sliding to a day low of $0.76748. Support from the broader crypto market limited losses on the day to just 0.49%. XRP retraces Saturday’s losses to consolidate Friday’s breakout. Technical Indicators XRP will need to move through the $0.7830 pivot to move through the First Major Resistance Level at $0.7986 and test resistance at $0.80. XRP would need broader crypto market support the return to $0.80 levels. In the event of an extended rally, XRP should test the Second Major Resistance Level at $0.8151 and resistance at $0.84. The Third Major Resistance Level sits at $0.8472. Failure to move through the pivot would bring the First Major Support Level at $0.7665 into play. Barring an extended sell-off throughout the day, XRP should avoid sub-$0.76. The Second Major Support Level sits at $0.7509. A move through to $0.80 levels would bring $0.84 levels into play. The EMAs and the 4-hourly candlestick chart (below) send a bullish signal. Following Friday’s breakout, XRP sits above the 200-day EMA at $0.78128. This morning, the 50-day EMA narrowed to the 100-day EMA. The 100-day EMA narrowed marginally to the 200-day EMA, providing support. A further narrowing of the 50-day EMA on the 100-day EMA would bring $0.80 into play. A fall through the 200-day EMA would bring support levels into play. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Hit Five Percent Following Another Spike in Inflation Crude Oil Markets Continue to Find Buyers Silver Markets Continue to Threaten Upside The NBA Takes a Bigger Leap into Web3 with NBAxNFT Crude Oil Markets Have a Strong Week The Week Ahead – Central Bank Chatter, Private Sector PMIs, and Russia in Focus', '• Following a positive week for Ripple Lab, the SEC files yet another extension.\n• The SEC has requested an extension of the deadline to file an objection to Judge Netburn’s January 13 and April 11 Opinions & Orders.\n• Key technical indicators bullish. XRP sits above the 200-day EMA.\nThis week, however, proved to be a potentially damaging week for the SEC, which has deliveredXRPwith much-needed support.\nIn response to the events this week, the SEC has submitted another extension request.\nOn Friday, defense lawyer James Filan took toTwitteronce more to share the SEC’s latest extension request.\nFilan tweeted,\n“The SEC has filed a request for an extension of time to file its objection to Magistrate Judge Netburn’s ruling on the Motion for Reconsideration of the DPP Ruling. The SEC is raising new privilege assertions.”\nFilan went on further by tweeting,\n“The SEC says that the defendants are prepared to proceed to summary judgment without a ruling on the Hinman emails and documents.”\nFor the SEC, the Hinman emails and documents are a concern, and the latest extension request illustrates how important it will be for the SEC to exclude some or all of the content from the court.\nThe SEC is requesting an extension of the deadline to file an objection to Judge Netburn Opinion Orders dated January 13, 2022, and April 11, 2022. It is a second extension request for the January 13 Opinion Order.\nOn April 11, Judge Sarah Netburn denied a motion for the courts to reconsider a ruling relating to a famous 2018 Hinman speech. Hinman said that Bitcoin (BTC) and Ethereum (ETH) are not securities.\nOn Friday, Filan also shared an SEC filed letter stating that the SEC does not seek to take additional discovery.\nFor XRP, while the extension request may not be surprising, it does drag out legal proceedings. This could test XRP support near term.\nAt the time of writing, XRP was up 0.07% to $0.78264. A range-bound start to the day follows a choppy Saturday session.\nOn Saturday, XRP tested resistance at $0.80 with a day high of $0.79958 before sliding to a day low of $0.76748. Support from the broader crypto market limited losses on the day to just 0.49%.\nXRP will need to move through the $0.7830pivotto move through the First Major Resistance Level at $0.7986 and test resistance at $0.80. XRP would need broader crypto market support the return to $0.80 levels.\nIn the event of an extended rally, XRP should test the Second Major Resistance Level at $0.8151 and resistance at $0.84. The Third Major Resistance Level sits at $0.8472.\nFailure to move through the pivot would bring the First Major Support Level at $0.7665 into play.\nBarring an extended sell-off throughout the day, XRP should avoid sub-$0.76. The Second Major Support Level sits at $0.7509.\nTheEMAsand the 4-hourly candlestick chart (below) send a bullish signal. Following Friday’s breakout, XRP sits above the 200-day EMA at $0.78128. This morning, the 50-day EMA narrowed to the 100-day EMA. The 100-day EMA narrowed marginally to the 200-day EMA, providing support.\nA further narrowing of the 50-day EMA on the 100-day EMA would bring $0.80 into play.\nThisarticlewas originally posted on FX Empire\n• U.S Mortgage Rates Hit Five Percent Following Another Spike in Inflation\n• Crude Oil Markets Continue to Find Buyers\n• Silver Markets Continue to Threaten Upside\n• The NBA Takes a Bigger Leap into Web3 with NBAxNFT\n• Crude Oil Markets Have a Strong Week\n• The Week Ahead – Central Bank Chatter, Private Sector PMIs, and Russia in Focus', '(Bloomberg) -- A funny thing happened to Bitcoin as interest rates started to rise: trading volumes went way down. Now market-watchers are grappling with the implications and what a world of less-loose monetary policy means for digital assets. Most Read from Bloomberg Kremlin Insiders Alarmed Over Growing Toll of Putin\x92s War in Ukraine Netflix Rout Is Worst Since 2004, Punishing Roku and Disney, Too Ackman Loses More Than $430 Million on 3-Month Netflix Bet Russia Test-Fires Nuclear-Capable ICBM in Warning to U.S. Allies Ukrainian Troops Risk Being Encircled in New Russian Offensive The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month, the aggregate daily volume on those venues has averaged just over $1 billion. That reading stood at $2.57 billion in May 2021, a nearly 60% decline. That\x92s happened as the Federal Reserve and other central banks accelerate their fight against inflation, which has remained hotter for longer than many had expected it would. With rates rising and the cost of money no longer hovering around zero, crypto prices have flagged, prompting investors to recalculate their desires to be invested in the cutting-edge market. For one, the withdrawal of liquidity impacts volumes in crypto -- and elsewhere -- by reducing the funds available to invest, says Noelle Acheson, head of market insights at Genesis Global Trading. Second, higher rates increase the opportunity cost of investing in non-yielding assets such as Bitcoin. And those buying the coin using leverage could feel an extra pinch: higher borrowing costs alter the risk-reward scenario of such trades, meaning that your potential return drops as your costs go up. \x93Volumes are d **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: 2022-04-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $768,860,971,175 - Hash Rate: 231514552.3256366 - Transaction Count: 207324.0 - Unique Addresses: 557466.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks were mostly lower on Tuesday while Treasury yields jumped and oil prices pushed higher. • The 10-year Treasury rate was up to 2.46%, hovering close to three-year highs. • Twitter jumped for the second day in a row after the company announced Elon Musk will join its board. US stocks fell on Tuesday as Treasury yields rose and continued to invert in parts of the yield curve. The closely-watched inversion of the 10- and 2-year Treasury yields remained slightly inverted. The 10-year yield is hovering close to its highest level in three years, around 2.46% After a MondayTwitter rallyfollowing Elon Musk's disclosure of a 9% stake, the social media platform jumped 10% Tuesday morning as it announcedMusk would join the board of directors. Here's where US indexes stood shortly after the 9:30 a.m. open on Tuesday: • S&P 500: 4,578.95, down 0.08% • Dow Jones Industrial Average: 34,937.31, up 0.04% (15.43 points) • Nasdaq Composite:14,472.40, down 0.41% Anew Goldman Sachs surveyfound that over 60% of leading insurers expect the US to enter a recession by 2025, with most pointing to inflation as a primary concern. The Fed's tightening has contributed to recession fears, and investors are awaiting the release of Wednesday's Fed minutes for hints of the central bank's next moves. A BlueBay strategist said a"nightmare" Russian debt defaultis now very likely after the US blocked JPMorgan from processing a$600 million dollar bond payment. Oil rose, withWest Texas Intermediateup 0.9198% to $104.23 a barrel.Brent crude, the international benchmark, rose 0.61% to $108.19 a barrel. Goldinched higher by 0.1448% to 1,937.20 per ounce. The10-year yieldwas up about four basis points to 2.46%. Bitcoinrose 1.33% to $46,452.47. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/hyperinflationUSA', 'If its 3 bitcoin to get citizenship in El Slavador. How does it work for a married couple? Is it 6 bitcoins for both of them or only 3 bitcoins for both of them? If its 3 total does anyone want to get married so we can move?', 58, '2022-04-17 00:02', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/', 'El Slavador citizenship requires you to own 3 BTC. So if we get married can we move there if we each own 1.5 BTC ?', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/', 'u58czv', [['u/veggiecrunchwrap', 63, '2022-04-17 00:06', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i50c9u7/', "You son of a bitch, I'm in", 'u58czv'], ['u/Argyrus777', 30, '2022-04-17 00:44', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i50hdyq/', '3btc minimum so we know we can randomly rob any new foreigners', 'u58czv'], ['u/Retiredape', 36, '2022-04-17 02:02', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i50rixr/', "For every citizenship via investment program that I'm aware of, you, your spouse, and all your unmarried kids under 18 come with you under the same batch of visas. So I suspect it will just be 3 BTC.", 'u58czv'], ['u/Infamous_Spot_6086', 12, '2022-04-17 03:06', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i50zog8/', 'Yeah tons of people are beating down the door to live in El Salvador!!', 'u58czv'], ['u/x_driven_x', 15, '2022-04-17 04:41', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i51b3uj/', 'I’ve spent time in El Salvador. I’d go back under the right conditions but no way do I think I want to live there. Plenty of other cheap countries that would be massively better, and safer, to live in.', 'u58czv'], ['u/_-RAT', 27, '2022-04-17 05:01', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i51dc61/', 'Dad?', 'u58czv'], ['u/x_driven_x', 51, '2022-04-17 05:18', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i51fdxt/', 'I think you’re fucking delusional; but you do you.', 'u58czv'], ['u/50mm-f2', 11, '2022-04-17 06:06', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i51kqe5/', 'you have to spend it .. buy property or some other investment.', 'u58czv'], ['u/Walmart_Warrior_420', 10, '2022-04-17 07:48', 'https://www.reddit.com/r/Bitcoin/comments/u58czv/if_its_3_bitcoin_to_get_citizenship_in_el/i51ubz1/', 'How did mom get stuck under the sink again ? ( ͡° ͜ʖ ͡°)', 'u58czv']]], ['u/SonaWayAl', 'Left a SICC case on my body with all of my Customs keys(Including Marked Room)', 973, '2022-04-17 00:19', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/', 'Switching between cases and left my SICC case on my body and died immediately on Interchange.\n\nThe person who killed me just messaged back and wants to coordinate giving it back to me.\n\nBeyond the 2000-3000 hours of love I have for this game, the community is pretty top notch.\n\nThank you to everyone for being a good group of people!\n\n[https://ibb.co/tYgnV4k](https://ibb.co/tYgnV4k)\n\nUpdate: Just linked up with them. Not only did he give it back, he dropped a couple bitcoins in there for me... Speechless. Such a solid interaction.', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/', 'u58ojh', [['u/nathanobrien', 464, '2022-04-17 00:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50epqx/', 'I believe Tarkov is not as toxic as most people think...\n\nVOIP Has done wonders for the game, \n\nNice to see these stories', 'u58ojh'], ['u/MrF0xyyy', 66, '2022-04-17 00:36', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50gdgv/', 'I dont think tarkov is toxic, its just the fear of dying that makes us shoot first, except I remember this streamer who killed me told me to kys after entering his chat.', 'u58ojh'], ['u/beck35', 41, '2022-04-17 00:37', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50ggjj/', "That's pretty fuckin cool. This is a unique game, the only one that makes me feel bad when I kill a low level.", 'u58ojh'], ['u/thing85', 99, '2022-04-17 00:56', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50iz1k/', "As much as people bitch about the player base (which happens in every FPS game), I actually think this game's community is solid. You'll have assholes in any community, but I see far less here (compared to COD as an example).", 'u58ojh'], ['u/SonaWayAl', 33, '2022-04-17 01:11', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50l0b5/', 'For sure. Lots of good interactions since voip got added.', 'u58ojh'], ['u/g_st_lt', 123, '2022-04-17 01:12', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50l51h/', 'I\'ve had several encounters where another player and I shoot each other, then take cover to heal and reload, and someone just says, "Wanna be cool?" \n"Yeah, I\'m good. Good game man." \n"Good game. Have a good one." \nand off we go to finish our quests or extract with our loot.', 'u58ojh'], ['u/ninjaboiz', 109, '2022-04-17 01:52', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50qae0/', 'There was one time where me and a guy both dumped sixty rounders and just missed everything. After ducking into cover i went “This is already expensive, wanna just call it?” He laughed and agreed so we went separate ways', 'u58ojh'], ['u/Veilfrab', 19, '2022-04-17 02:00', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50rdfb/', "Had a 18 kit out an STM, stripped it added him and talked about y that gun sucks dick and I'd give him his shit back as long as he never puts in on an STM again..", 'u58ojh'], ['u/g_st_lt', 38, '2022-04-17 02:23', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i50u8r6/', "I love that. There's been a few times where I feel like I've played this so poorly that it wouldn't be fair if I got the kill now lmao", 'u58ojh'], ['u/Quasar420', 25, '2022-04-17 03:15', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i510rde/', "Today someone used VOIP to bait me into his squad. 'Friendly here, as I am looting'. I see him and wiggle/emote as I come out of big red 2nd flood, and he immediately shoots me. I get away from him and his friend was around the corner. If he didn't say anything or had I disabled VOIP, I would have probably killed him. I was pissed for a moment, then laughed it off and now I am most likely showing no remorse, unless I have a good eye on the guy and can see he isn't a big threat. Nothing is as bad as Rust though. I lost a lot of faith in humanity after playing that game.", 'u58ojh'], ['u/miloestthoughts', 23, '2022-04-17 04:52', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i51ccca/', "Don't trust people unless you've already established common ground. Both missed a full mag and reloading? Call it. Both of you hear each other and have no idea where? Call it. Some random out of nowhere yells friendly? Absolutely fucking not.", 'u58ojh'], ['u/TheLordAstaroth', 13, '2022-04-17 15:53', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i52y4xs/', '# #missedconnections', 'u58ojh'], ['u/Menarra', 13, '2022-04-17 18:12', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i53gzva/', 'Me and a squadmate took down 7 PMC\'s, 3 player scavs, and a handful of AI scavs in the garage on Reserve, squadmate died near the end of it, I was dumping our original gear, parting out out guns to make it harder to grab them, loading up with the best stuff, etc, and the last PMC came down and we started trading shots while chatting. Turns out 4 of the PMC\'s were his 5 man squad, wasn\'t anything personal but he wasn\'t willing to go out separate ways, "kind of the principal of the thing at this point, ya know?" he said to me. I laughed, said I understood and good luck, may the best or luckiest win. Then we charged each other and he won. Heard him say "Guess I won it, GG" as my screen went black. Was a great interaction even in death.', 'u58ojh'], ['u/lonigus', 10, '2022-04-17 20:09', 'https://www.reddit.com/r/EscapefromTarkov/comments/u58ojh/left_a_sicc_case_on_my_body_with_all_of_my/i53y4q7/', 'Mr.TTV Andy with 1 viewer which was his brother? lol', 'u58ojh']]], ['u/monark824', 'Pickup tip: guarding big man on post', 36, '2022-04-17 01:35', 'https://www.reddit.com/r/BasketballTips/comments/u5a629/pickup_tip_guarding_big_man_on_post/', 'Sup y’all. Just had a monster game guarding our home court against a 5 stack of strangers. Wanted to drop some tips. \n\nHad to guard big man with 50 lbs more and about 5-6 inches on me. I’m more agile and handsy and love contact — but I was tallest\n\n1. Lean on em with all your weight, stay low. It’s a marathon, you wanna tire them out over time. Pin their dominant arm against their body before post entry. Why stay low? You want that high pass so another teammate can swoop in for the double and steal.\n\n2. Force the post entry pass on outside hand. There’s a chance you can battle it out before ball gets there (hand checks, swimming and all) to get a steal... Based 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 miners saw a 1.26% drop in mining difficulty on Thursday, the third time this year, while the price fell toless than US$40,000.\nSee related article:Cryptos slump over inflation, Shanghai lockdown and war concerns\n• The mining difficulty level is now at 28.23 trillion at block height 731,808, after it saw an increase of 4.13% on March 31 following two consecutive drops in the same month when miners might haveunplugged due to energy costs,according to datafrom BTC.com.\n• Bitcoin mining difficulty is a measure of how hard a miner would have to work to verify transactions on the block, or “dig out” Bitcoins. The difficulty level undergoes an adjustment every 2,016 blocks, which usually takes about two weeks.\n• Such mining difficulty adjustments are highly correlated to the changes in the mining hashrate, which refers to the level of computing power required to mine — when the hashrate increases, the mining difficulty typically follows.\n• Kazakhstanbecame the world’s second-largestBitcoin producer last year after miners moved there en masse followingChina’s mining crackdowns, but unstable power supplies and government crackdowns are triggeringa new migration wave.\n• In March, authorities in Kazakhstan said theyseized over 67,000 pieces of mining equipmentworth more than US$190 million as the country suffered from frequent power shortages.\nSee related article:Ex-Kazakh president’s brother busted for illegal crypto mining', 'Bitcoin miners saw a 1.26% drop in mining difficulty on Thursday, the third time this year, while the price fell to less than US$40,000 . See related article: Cryptos slump over inflation, Shanghai lockdown and war concerns Fast facts The mining difficulty level is now at 28.23 trillion at block height 731,808, after it saw an increase of 4.13% on March 31 following two consecutive drops in the same month when miners might have unplugged due to energy costs , according to data from BTC.com. Bitcoin mining difficulty is a measure of how hard a miner would have to work to verify transactions on the block, or \x93dig out\x94 Bitcoins. The difficulty level undergoes an adjustment every 2,016 blocks, which usually takes about two weeks. Such mining difficulty adjustments are highly correlated to the changes in the mining hashrate, which refers to the level of computing power required to mine \x97 when the hashrate increases, the mining difficulty typically follows. Kazakhstan became the world\x92s second-largest Bitcoin producer last year after miners moved there en masse following China\x92s mining crackdowns , but unstable power supplies and government crackdowns are triggering a new migration wave . In March, authorities in Kazakhstan said they seized over 67,000 pieces of mining equipment worth more than US$190 million as the country suffered from frequent power shortages. See related article: Ex-Kazakh president\x92s brother busted for illegal crypto mining', 'Bitcoin miners saw a 1.26% drop in mining difficulty on Thursday, the third time this year, while the price fell toless than US$40,000.\nSee related article:Cryptos slump over inflation, Shanghai lockdown and war concerns\n• The mining difficulty level is now at 28.23 trillion at block height 731,808, after it saw an increase of 4.13% on March 31 following two consecutive drops in the same month when miners might haveunplugged due to energy costs,according to datafrom BTC.com.\n• Bitcoin mining difficulty is a measure of how hard a miner would have to work to verify transactions on the block, or “dig out” Bitcoins. The difficulty level undergoes an adjustment every 2,016 blocks, which usually takes about two weeks.\n• Such mining difficulty adjustments are highly correlated to the changes in the mining hashrate, which refers to the level of computing power required to mine — when the hashrate increases, the mining difficulty typically follows.\n• Kazakhstanbecame the world’s second-largestBitcoin producer last year after miners moved there en masse followingChina’s mining crackdowns, but unstable power supplies and government crackdowns are triggeringa new migration wave.\n• In March, authorities in Kazakhstan said theyseized over 67,000 pieces of mining equipmentworth more than US$190 million as the country suffered from frequent power shortages.\nSee related article:Ex-Kazakh president’s brother busted for illegal crypto mining', '• The Ukrainian official said ‘crypto for good,’ and every donation strengthens its defense capabilities.\n• Mykhailo Fedorov said crypto donations were spent on 200 sets of ballistic plates for bulletproof vests.\n• The Minister of Digital Transformation previously asked all crypto exchanges to block Russian user addresses.\nThe Ukrainian Minister of Digital Transformation, Mykhailo Fedorov, has thankedcryptodonors for this Easter. He said that every donation is “strengthening the defense capabilities of Ukrainians.”\nThe Ukrainian officialtweetedSunday that crypto donations are for good and are spent on 200 sets of ballistic plates of 4 class for bulletproof vests. He wrote,\n“The better-equipped soldiers, the sooner day of Ukrainian victory.”\nThe war-torn nation has been receiving cryptodonations in millionssince the start of Russia’s full-scale invasion in February this year. The interesting part was the domination ofEthereumin the distribution of donations. This was followed byBitcoinandPolkadot.\nHe also thanked crypto donors for their contributions.\nPer a recentFinancial Times report, the Ukraine government had spent half of its crypto fundraising on thousands of bulletproof vests, food rations, helmets, and medical supplies, to name a few. The report added,\n“[They were] deliberately choosing to spend the funds on non-lethal equipment, so as not to deter future donors.”\nAid for Ukrainewas set up to accept donations in nine cryptocurrencies, including Bitcoin, Ether,Tether,Solana, andDogecoin. On the second day of the invasion, Fedorov informed his deputy to establish official government wallets that could accept payments in cryptocurrency.\nThe Ukrainian government has raised over $100mn in cryptocurrency donations since the start of the war. Though this is small compared with the billions in aid from the IMF and other western governments, the deputy minister of digital transformation of Ukraine told FT that crypto had become an “essential tool of war,” allowing flexibility and speed.\nNumerous crypto platforms have popped up recently, accepting donations in cryptos, stablecoins, andNFTs.\nFor instance, Michael Chobanian, founder of Ukrainian crypto exchange Kuna told the Associated Press that they are “still collecting crypto” to aid Ukrainians.\nThisarticlewas originally posted on FX Empire\n• Ukraine Minister Thanks Crypto Donors on Easter, Says ‘Crypto for Good’\n• EUR/USD Tries To Settle Below The Support At 1.0780\n• EUR/USD Bearish Tone Resumes on Sustained Move Under 1.0841\n• Basics of Forex Trading – Part 2\n• USD/JPY: Buying Tentative Amid Direct FX Intervention Fears\n• GBP/USD Remains Under Pressure As Treasury Yields Move To New Highs', 'Key Insights: The Ukrainian official said ‘crypto for good,’ and every donation strengthens its defense capabilities. Mykhailo Fedorov said crypto donations were spent on 200 sets of ballistic plates for bulletproof vests. The Minister of Digital Transformation previously asked all crypto exchanges to block Russian user addresses. The Ukrainian Minister of Digital Transformation, Mykhailo Fedorov, has thanked crypto donors for this Easter. He said that every donation is “strengthening the defense capabilities of Ukrainians.” Cryptos Aid in Military Supplies The Ukrainian official tweeted Sunday that crypto donations are for good and are spent on 200 sets of ballistic plates of 4 class for bulletproof vests. He wrote, “The better-equipped soldiers, the sooner day of Ukrainian victory.” Crypto for good. @_AidForUkraine continues its work for the frontline heroes: 200 sets of ballistic plates of 4 class for bulletproof vests have been sent. The better equipped soldiers — the sooner day of Ukrainian victory. pic.twitter.com/2LisXTUuKq — Mykhailo Fedorov (@FedorovMykhailo) April 17, 2022 The war-torn nation has been receiving crypto donations in millions since the start of Russia’s full-scale invasion in February this year. The interesting part was the domination of Ethereum in the distribution of donations. This was followed by Bitcoin and Polkadot . He also thanked crypto donors for their contributions. Our cryptofund @_AidForUkraine has supplied the territory defense units of Mykolaiv with Ford Ranger pickup. Every donation is strengthening the defense capabilities of Ukrainians to resist the occupiers. Thanks to everyone who continues to stand with Ukraine! pic.twitter.com/H7eocnWUCW — Mykhailo Fedorov (@FedorovMykhailo) April 16, 2022 Per a recent Financial Times report , the Ukraine government had spent half of its crypto fundraising on thousands of bulletproof vests, food rations, helmets, and medical supplies, to name a few. The report added, Story continues “[They were] deliberately choosing to spend the funds on non-lethal equipment, so as not to deter future donors.” Aid for Ukraine was set up to accept donations in nine cryptocurrencies, including Bitcoin, Ether, Tether , Solana , and Dogecoin . On the second day of the invasion, Fedorov informed his deputy to establish official government wallets that could accept payments in cryptocurrency. Donations Still Pour In The Ukrainian government has raised over $100mn in cryptocurrency donations since the start of the war. Though this is small compared with the billions in aid from the IMF and other western governments, the deputy minister of digital transformation of Ukraine told FT that crypto had become an “essential tool of war,” allowing flexibility and speed. Numerous crypto platforms have popped up recently, accepting donations in cryptos, stablecoins, and NFTs . For instance, **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: 2022-04-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $742,101,302,234 - Hash Rate: 188017878.85839576 - Transaction Count: 246421.0 - Unique Addresses: 631282.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Securities and Exchange Commission is outlining new cryptocurrency accounting standards that would protect crypto assets held by companies for users against hacking losses. This move comes as more trading platforms allow users to deal in crypto and hacks continue to occur. In a new accounting bulletin published Thursday, the SEC said there are risks with safeguarding crypto assets and noted that crypto assets change hands and prices very quickly, making them different to protect than more traditional financial assets. The SEC also noted there are far fewer regulatory requirements for exchanges or companies holding crypto assets on behalf of users, and that they may not be complying properly with regulations, increasing risks to investors. “These entities and/or their agents may safeguard the platform user’s crypto-assets and also maintain the cryptographic key information necessary to access the crypto-asset,” SEC staff said. “The obligations associated with these arrangements involve unique risks and uncertainties not present in arrangements to safeguard assets that are not crypto-assets, including technological, legal, and regulatory risks and uncertainties.” Representation of Bitcoin is seen with binary code displayed on a laptop screen in this illustration photo taken in Krakow, Poland on August 17, 2021. (Photo by Jakub Porzycki/NurPhoto via Getty Images) (NurPhoto via Getty Images) The SEC advised that an exchange or company holding cryptographic key information for a user or users’ crypto assets in digital wallets should account for those as a liability at fair value of the crypto assets on their balance sheet and warn investors of the risks of safeguarding those assets. Financial statements should include clear disclosure of the nature and amount of crypto assets that the exchange is responsible for holding for users, with separate disclosures for each crypto asset, and the vulnerabilities the exchange has, the staff wrote. Periodic reports would need to be filed to the SEC. The new rules will apply to all public companies registered with the SEC, starting after June 15. “These risks can have a significant impact on the entity’s operations and financial condition,” the SEC noted. “The staff believes that the recognition, measurement, and disclosure guidance will enhance the information received by investors and other users of financial statements about these risks, thereby assisting them in making investment and other capital allocation decisions.” Story continues Washington DC, USA - October 12, 2018: United States Securities and Exchange Commission. (Photo: Getty Creative) (ablokhin via Getty Images) These rules come as crypto theft continues to burgeon. The most recent hack came earlier this week when the popular blockchain game Axie Infinity, which lets users earn money as they play, said it lost $615 million in a hack—eclipsing the $611 million hack of the DeFi protocol Poly Network in August 2021. Paypal, Square, investing app Robinhood, and crypto exchange Coinbase are just a handful of companies that hold crypto on behalf of their users. As of the end of last year, Coinbase was storing $278 billion in its customers’ digital wallets at the end of 2021, representing approximately 11.5% of the total market capitalization of crypto assets at the time, according to the company’s 10-K filing. “This bulletin is further evidence that the Commission needs to update its regulations concerning custody of digital assets,” Paul Atkins, CEO of Patomak Global Partners and a former SEC commissioner, told Yahoo Financ. “Instead of resorting to staff accounting bulletins to address custody risks, the Commission should update its custody rule to clarify how they apply to digital assets.” The Chamber of Digital Commerce has been calling for crypto accounting standards for years. “It is essential that businesses and investors of all types are able to clearly reflect the value of their assets on their balance sheets,” the organization said. YF Plus Read the latest financial and business news from Yahoo Finance Follow Yahoo Finance on Twitter , Facebook , Instagram , Flipboard , LinkedIn , and YouTube... - 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 cryptocurrency market returned strong from the Easter holidays withTerra LUNAleading major coins with an 18.5% rebound to trade at US$91.43, on Tuesday morning Asia time.\nSee related article:Is Terra — whose LUNA coin is now at another all-time high — really where the smart money is?\n• Terra reached its all-time high of US$119 in early April.\n• Terra’s dollar-pegged algorithmicstablecoinUST maintained steady growth in market cap to US$17.7 billion, a billion away from the 12th largest cryptocurrency Dogecoin.\n• Dogecoin investors are hunting a spot on the crypto top 10 ahead ofApril 20 “Doge Day.”\n• With a market cap of US$18.6 billion, the world-leadingmemecoinwas trading at US$.014.03at press time.\n• Elsewhere, the Web 3.0 application STEPN (GMT), which incorporates gamification of non-fungible tokens (NFTs), rose over 30% in a day to reach a new high of US$3.36.\n• Bitcoin has recovered past US$41,000 as the World Bank announced aUS$170 billion relief packagewhile chopping its 2022 global growth forecast to 3.2% from 4.1%.\nSee related article:Why are stablecoins overwhelmingly backed by the US dollar?', 'The cryptocurrency market returned strong from the Easter holidays with Terra LUNA leading major coins with an 18.5% rebound to trade at US$91.43, on Tuesday morning Asia time. See related article: Is Terra \x97 whose LUNA coin is now at another all-time high \x97 really where the smart money is? Fast facts Terra reached its all-time high of US$119 in early April. Terra\x92s dollar-pegged algorithmic stablecoin UST maintained steady growth in market cap to US$17.7 billion, a billion away from the 12th largest cryptocurrency Dogecoin. Dogecoin investors are hunting a spot on the crypto top 10 ahead of April 20 \x93Doge Day.\x94 With a market cap of US$18.6 billion, the world-leading memecoin was trading at US$.014.03 at press time . Elsewhere, the Web 3.0 application STEPN (GMT), which incorporates gamification of non-fungible tokens (NFTs), rose over 30% in a day to reach a new high of US$3.36. Bitcoin has recovered past US$41,000 as the World Bank announced a US$170 billion relief package while chopping its 2022 global growth forecast to 3.2% from 4.1%. See related article: Why are stablecoins overwhelmingly backed by the US dollar?', 'Key Insights: Ireland plans to impose a blanket ban on all political donations in crypto. Russian cyber-interference has given government minister Darragh O’Brien cause for concern. Ireland’s plans buck a growing trend of politics embracing digital assets to woo young voters. Concerns over Russian attempts to bypass sanctions via digital assets have forced governments to take extreme measures to counter any threat. Sanctions on Russia are beginning to bite, raising the threat of cyberattacks. On Monday, FX Empire reported Currency.com thwarting a DDoS attack by Russian cybercriminals. There is also the threat of Russian influence on the outcome of democratic elections. Ireland Views Possible Ban on Political Party Donations in Crypto On Monday, news hit the wires of the Irish government planning to ban political party donations in crypto. According to Monday’s report, “new political integrity rules” are in the works to prevent Russian interference in the political process. In addition to banning crypto donations, there is also the requirement for parties to disclose all foreign donations. Local government Minister Darragh O’Brien, tasked with electoral reform, notified Ireland’s party leaders of the planned reforms. Monday’s report indicated that Ireland’s Cabinet agreed to the new rules, including addressing interference via social media platforms. An Electoral Commission, currently being put together, will have the power to, “issue take-down notices and real-time alerts of potential election interference during campaigns.” In terms of timing, Mr. O’brien reportedly said, “In light of the urgency of the challenges, I aim, with your co-operation, to pass this legislation and have the new Electoral Commission Established by the summer recess.” The next Irish general election will be on or before 20 February 2025. Ireland’s position on cryptos has been a mixed one. Last year, Derville Rowland, Director General Financial Conduct at the Central Bank of Ireland, raised concerns over the increased popularity of cryptos such as Bitcoin ( BTC ). Story continues Ireland’s position on political party donations is in stark contrast to other countries, including the United States. Irish Politics Bucks a Recent Trend in Politics and Crypto Adoption While Ireland looks to impose a blanket ban on political parties accepting crypto donations, other nations have turned to crypto to support political campaigns. This year, South Korea turned to cryptos and NFTs to draw in the younger vote. Lawmaker Lee Kwang-jae announced accepting political campaign donations in crypto and issuing receipts in the form of NFTs. Campaign donors were able to donate Bitcoin and Ethereum ( ETH ), among others. Days before the South Korean Presidential Election, election candidates wooed young voters with NFTs. In recent years, U.S politicians have also become more embracing of cryptos. Earlier in the year, New York City Mayor Adams confirmed that he would take his first three paychecks in Bitcoin ( BTC ). Mayor Adams had first pledged to take a Bitcoin salary during his bid to become Mayor. Alongside New York City, Miami is another progressive crypto U.S State. Miami City Mayor Suarez had been the first to announce taking a Bitcoin salary. This article was originally posted on FX Empire More From FXEMPIRE: Investors May Turn From Crypto on Fed Interest Hike Hopes Crude Oil Markets Run Out of Momentum Ireland Plans Blanket Ban on Political Donations in Crypto Natural Gas Surges but Prices are Overbought Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, BCH, XMR S&P 500 Futures Find Support', '• Ireland plans to impose a blanket ban on all political donations in crypto.\n• Russian cyber-interference has given government minister Darragh O’Brien cause for concern.\n• Ireland’s plans buck a growing trend of politics embracing digital assets to woo young voters.\nConcerns over Russian attempts to bypass sanctions via digital assets have forced governments to take extreme measures to counter any threat.\nSanctions on Russia are beginning to bite, raising the threat of cyberattacks. On Monday,FX EmpirereportedCurrency.com thwarting a DDoS attack by Russian cybercriminals.\nThere is also the threat of Russian influence on the outcome of democratic elections.\nOn Monday,newshit the wires of the Irish government planning to ban political party donations in crypto.\nAccording to Monday’s report, “new political integrity rules” are in the works to prevent Russian interference in the political process.\nIn addition to banning crypto donations, there is also the requirement for parties to disclose all foreign donations.\nLocal government Minister Darragh O’Brien, tasked with electoral reform, notified Ireland’s party leaders of the planned reforms.\nMonday’s report indicated that Ireland’s Cabinet agreed to the new rules, including addressing interference via social media platforms.\nAn Electoral Commission, currently being put together, will have the power to,\n“issue take-down notices and real-time alerts of potential election interference during campaigns.”\nIn terms of timing, Mr. O’brien reportedly said,\n“In light of the urgency of the challenges, I aim, with your co-operation, to pass this legislation and have the new Electoral Commission Established by the summer recess.”\nThe next Irish general election will be on or before 20 February 2025.\nIreland’s position on cryptos has been a mixed one. Last year, Derville Rowland, Director General Financial Conduct at the Central Bank of Ireland, raised concerns over the increased popularity of cryptos such as Bitcoin (BTC).\nIreland’s position on political party donations is in stark contrast to other countries, including the United States.\nWhile Ireland looks to impose a blanket ban on political parties accepting crypto donations, other nations have turned to crypto to support political campaigns.\nThis year, South Korea turned to cryptos andNFTsto draw in the younger vote. Lawmaker Lee Kwang-jaeannouncedaccepting political campaign donations in crypto and issuing receipts in the form of NFTs. Campaign donors were able to donate Bitcoin and Ethereum (ETH), among others.\nDays before the South Korean Presidential Election, election candidateswooedyoung voters with NFTs.\nIn recent years, U.S politicians have also become more embracing of cryptos.\nEarlier in the year, New York City Mayor Adams confirmed that he would take his first three paychecks in Bitcoin (BTC).\nMayor Adams had first pledged to take a Bitcoin salary during his bid to become Mayor. Alongside New York City, Miami is another progressive crypto U.S State. Miami City Mayor Suarez had been the first toannouncetaking a Bitcoin salary.\nThisarticlewas originally posted on FX Empire\n• Investors May Turn From Crypto on Fed Interest Hike Hopes\n• Crude Oil Markets Run Out of Momentum\n• Ireland Plans Blanket Ban on Political Donations in Crypto\n• Natural Gas Surges but Prices are Overbought\n• Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, BCH, XMR\n• S&P 500 Futures Find Support', 'By Alun John HONG KONG, April 19 (Reuters) - The Japanese yen hit a 20-year low against the dollar on Tuesday, supported by high U.S. Treasury yields and likely comparatively good U.S. economic data this week. The dollar rose 0.37% on the yen to 127.44 yen in early trade, its highest level since May 2002. It has risen 4.5% on the Japanese currency so far this month, which would be its second-biggest monthly percentage gain since 2016 behind March\'s 5.8%. The dollar was also firm against most other currencies and the dollar index was at 100.8, just off Monday\'s two-year high of 100.86. "I think the b **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-04-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $773,676,584,512 - Hash Rate: 173986693.86896327 - Transaction Count: 273168.0 - Unique Addresses: 697163.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Analysts expect Advanced Micro Devices ( AMD ) growth to slow from recent record levels Clouds offer lower margins than PCs and game machines It’s still a buy and it is now a bargain AMD (AMD) sign outside of office building with greenery Source: JHVEPhoto / Shutterstock.com Advanced Micro Devices (NASDAQ: AMD ) stock is down around 27% in 2022. This breaks a streak of gains going back to Chief Executive Officer Lisa Su’s appointment in 2014 when the stock traded near $2. Traders are mystified and even angry. Investors like me are doubling down. There is a good reason for AMD’s fall. Even at its Apr. 7 price of $104.30, it is trading at over 10 times revenue and 40 times last year’s earnings. Given the state of the market and the world, that is too high. There are better bargains out there. InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMD’s new push into the data center market, highlighted by its bid to buy Pensando for $1.9 billion , is also confusing people who don’t know the market. But if you are willing to make time your ally, it is easy to justify buying AMD stock. Here’s how. AMD Advanced Micro Devices $113.05 Cloud Growth AMD began its rise with PCs and gaming machines. But now clouds are the growth market. AMD sales in clouds doubled in 2021. Cloud buyers are price sensitive. Data centers offer smaller margins than retail. But they make it up in volume. If you also have useful software, you can make up those margins. 7 Safe Stocks to Buy to Guard Against a Recession AMD’s share of the server market is substantial at 16%, but still has room to grow . The cloud is how it will do that. There are over 300 new “hyperscale” data centers in the works, which most of us call clouds. Half of the capacity is inside the U.S. The market is still growing around 20% each year. Data centers represented $185 billion in spending last year. That is why AMD is buying Pensando . Pensando’s business is optimizing data centers, moving work around to increase performance. This lowers the total cost of ownership for data centers. Along with Xilinx, the programmable chip company that became part of AMD in February , it means AMD now has a wide line of both hardware and software for data centers. Story continues Numbers Get Serious Last year was awesome for AMD. Some slowing is expected as numbers grow bigger. For its fourth quarter reported on Feb. 1, AMD earned $974 million, 80 cents per share, on revenue of $4.8 billion. Earnings were down from a year earlier, but revenue was up by 49% year-over-year. For the full year, revenue rose 68% and net income was up 27%. Goldman Sachs (NYSE: GS ) expects AMD growth to slow this year, with earnings closer to analyst estimates. Their estimate for 2022 earnings is $4.17 per share. That makes the forward price to earnings ratio for AMD just 25. Analysts at Tipranks don’t seriously disagree. There are 21 ratings and 14 say buy it. Their average price target of almost $150 is about 32% ahead of its current trade. Even the lowest price target of $115 represents a near-2% gain. The Bottom Line on AMD Stock The fall of AMD stock is an opportunity for long-term investors. You can buy profitable growth of at least 20% per year for just 25 times the current year’s earnings. AMD is, at heart, a software company. Software benefits from Moore’s Law in clouds because its online distribution cost is practically zero. Hardware, on the other hand, must be fabricated and Moore’s Second Law means those costs keep rising. AMD depends on Taiwan Semiconductor (NYSE: TSM ) and Global Foundries (NASDAQ: GFS ), which was spun-out of AMD over a decade ago, to fabricate its chips. The enormous capital spending at TSM and even Intel (NASDAQ: INTC ) will increase AMD’s supplies, thus its sales. The time to buy any stock is when it is out of fashion. Last year was a bad year to buy fast-growing tech stocks, but they will come back. When they do, you’ll be in good shape if you nibble on AMD stock now. On the date of publication, Dana Blankenhorn held long positions in AMD, INTC and TSM. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Dana Blankenhorn has been a financial and technology journalist since 1978. He is the author of Technology’s Big Bang: Yesterday, Today and Tomorrow with Moore’s Law , available at the Amazon Kindle store. Write him at [email protected], tweet him at @danablankenhorn , or subscribe to his Substack . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t matter if you have $500 in savings or $5 million. Do this now. 10 Stocks Are Issuing Sell Signals Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post Advanced Micro Devices: What’s Good Is Good appeared first on InvestorPlace .... - 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:** ['Making sense of the markets these days is no easy trick. Inflation is stubbornly high, and rising. The Federal Reserve has embarked on a policy of rate hikes and monetary tightening in response, but there are serious worries that their new path is a matter of too little, too late. The war in Ukraine and further Chinese COVID-lockdowns have promised further shortages of vital commodities and products, just as supply chains were beginning to untangle themselves. It’s no wonder that the big market trend of 2022 so far has been a huge increase in volatility. Following the insiders is one way to find stocks that are worth buying. After all, the insiders, under scrutiny from shareholders, Boards of Directors, and Federal regulators, don’t trade their own company shares lightly. But how do you know which insiders to follow? Are all insider trades made equal? They’re not, of course. Some are simple stock adjustments, to fit shareholdings into corporate salary structures, others are related to bonus or severance compensation. But some insider trades are really worth noticing. The Insiders’ Hot Stocks tool, at TipRanks, offers the filters to sift through these trades and find those nuggets – trades that get into the millions, and are sure to raise eyebrows. We’ve used that data to locate two stocks that have seen recent insiders trades of that impressive magnitude. They made for an interesting bunch, Buy-rated equities with plenty of upside potential, according to the analyst community. Let’s take a closer look. Braze ( BRZE ) We’ll start in the world of multichannel digital marketing, where Braze, a New York-based company, offers a cloud-based software package for customer engagement. The platform is scalable, with tools for data analytics and optimization, giving marketers options for retail and e-commerce, media and entertainment, customer onboarding, and improved acquisitions. In short, Braze makes it possible to connect customers with brands. Story continues The company is no newcomer to the digital marketing world. It was founded in 2011, and has built up its niche with a loyal enterprise customer over 1,300 strong. Braze saw its users sent over 1.5 trillion messages through its platform in fiscal year 2022, and saw 64% year-over-year revenue growth to boot. All of that helps explain the company’s eye-popping IPO. Braze went public on November 17, 2021, putting 7.5 million shares up for sale directly at an initial price of $65 each. The shares jumped up to $95 early on their first day of trading, and closed that day north of $93. The company raised more than $435 million in gross proceeds from the sale, and reached a market value of $5.9 billion. Since then, however, the shares have fallen by half, and the company’s market cap now stands at $4.38 billion. From an investor’s perspective, however, there is still plenty of potential here. Braze has issued two quarterly reports since going public, and shown consistent year-over-year revenue growth. For fiscal 3Q22, the company showed $64 million at the top line, up 60% y/y, and for Q4 that number grew to $70.4 million, up 64% from the prior year. The company’s dollar-based net retention in fiscal Q4 reached 128%. On a cautionary note, Braze is still reporting quarterly net losses, of 16 cents per share in fiscal Q3 and 18 cents in Q4. Turning to the insiders, we find that two Board members have made substantial buys in Braze stock in the last couple of weeks. Director Douglas Pepper made two purchases, totaling 399,718 shares, spending a total of $15 million on the stock. He was joined in this move by Matthew Jacobson, also a company Director, who made purchases of the same size, as the same price. The insiders aren’t the only bulls here. JMP’s 5-star analyst Patrick Walravens is enthusiastic about Braze, writing: “We like Braze for several reasons, including: 1) the company is disrupting a large and growing total addressable market opportunity, estimated at ~$16B in the U.S. alone and has multiple vectors to attack that TAM; 2) Braze is built on a stream processing architecture (vs. batch processing used by most competitors) that optimizes timeliness, receiving and responding to first-party customer data as it occurs in real time; 3) the company posted 64% organic revenue growth in F4Q22, its fourth quarter of acceleration..." It should be unsurprising, then, that Walravens rates BRZE an Outperform (i.e. Buy). Not to mention, his $75 price target puts the upside potential at ~60%. (To watch Walravens’ track record, click here ) It’s not often that the analysts all agree on a stock, so when it does happen, take note. BRZE’s Strong Buy consensus rating is based on a unanimous 12 Buys. The stock’s $68.64 average price target suggests ~46% upside from the current share price of $46.99. ( See BRZE stock forecast on TipRanks ) TeraWulf, Inc. ( WULF ) Next up, TeraWulf, is a bitcoin miner, one of many companies that have formed to ride the mounting crypto wave. Since the advent of cryptocurrencies, the cost of mining has increased tremendously, as the computing needs to calculate the next blockchain link increase, and increase again. Crypto mining firms bring together the resources – in capital, in computing capacity, and in energy production – to make those calculations in an economically viable way. The firms profit directly from the bitcoins mined by their operations. TeraWulf\'s ‘hook’ for investors is its claim of 90% carbon-free energy to support its mining ops. Bitcoin mining is enormously energy intensive, and environmental pollution from power generation has always been a concern in the industry. TeraWulf boasts that the power needs for its two facilities, in New York State and in Pennsylvania, are almost entirely derived from carbon-free nuclear, hydro, or solar sources. Getting to the nitty gritty, TeraWulf aims to become the largest North American crypto miner by 2025, with plans to have 800 megawatts of power capacity and more than 23 EH/s of mining capabilities up and running by the end of that year. TeraWulf was formed in 2021, and later that year merged with IKONICS Corporation. Through that merger, TeraWulf saw the WULF ticker start trading on the NASDAQ on December 14, 2021. The shares close their first day at $20.30, and are since down by 71%. While most of that drop has come during the market volatility this year, a portion of it came in the past week; TeraWulf announced on April 12 the pricing of a new sale of stock, to raise over $20 million. Share prices were hit by fears of dilution. At least one insider, however, bought big. Paul Prager, CEO and Board Member, made a $2.5 million purchase of 317,259 shares. This followed a buy last month, of 396,447 shares, that totaled $3.076 million. Joining the bulls on this crypto miner, B. Riley analyst Lucas Pipes, rated 5-stars by TipRanks, sees serious potential in this stock. He writes, “While WULF is relatively early in deployment and just completed its first installations at Lake Mariner, we believe the company has an industry-leading growth profile over the next 24 months... Despite the company\'s impressive growth profile, favorable ESG position, and low-cost power, WULF continues to look highly discounted compared to its peer group." To this end, Pipes gives WULF a Buy rating to go along with this bullish outlook, and quantifies it with a $24 price target to indicate potential for ~322% upside in the year head. (To watch Pipes’ track record, click here ) Some stocks slip under the radar, picking up a few analyst reviews, and this is one. Pipes is the only review on record for TeraWulf, which is currently trading at $5.83 per share. ( See WULF stock forecast on TipRanks ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy , a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer : The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.', 'Making sense of the markets these days is no easy trick. Inflation is stubbornly high, and rising. The Federal Reserve has embarked on a policy of rate hikes and monetary tightening in response, but there are serious worries that their new path is a matter of too little, too late. The war in Ukraine and further Chinese COVID-lockdowns have promised further shortages of vital commodities and products, just as supply chains were beginning to untangle themselves. It’s no wonder that the big market trend of 2022 so far has been a huge increase in volatility.\nFollowing the insiders is one way to find stocks that are worth buying. After all, the insiders, under scrutiny from shareholders, Boards of Directors, and Federal regulators, don’t trade their own company shares lightly. But how do you know which insiders to follow? Are all insider trades made equal?\nThey’re not, of course. Some are simple stock adjustments, to fit shareholdings into corporate salary structures, others are related to bonus or severance compensation. But some insider trades are really worth noticing. TheInsiders’ Hot Stockstool, at TipRanks, offers the filters to sift through these trades and find those nuggets – trades that get into the millions, and are sure to raise eyebrows.\nWe’ve used that data to locate two stocks that have seen recent insiders trades of that impressive magnitude. They made for an interesting bunch, Buy-rated equities with plenty of upside potential, according to the analyst community. Let’s take a closer look.\nBraze(BRZE)\nWe’ll start in the world of multichannel digital marketing, where Braze, a New York-based company, offers a cloud-based software package for customer engagement. The platform is scalable, with tools for data analytics and optimization, giving marketers options for retail and e-commerce, media and entertainment, custome **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: 2022-04-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $788,560,056,356 - Hash Rate: 224498959.8309204 - Transaction Count: 285655.0 - Unique Addresses: 703937.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) parece haberse recuperado y podría seguir ganando terreno a corto plazo, señaló Fairlead Strategies, al citar una herramienta técnica de amplio seguimiento llamada nube de Ichimoku. "Bitcoin ha superado la resistencia definida por la nube diaria, y es probable que confirme su ruptura al cierre de hoy", dijo Katie Stockton, fundadora y socia gerente de Fairlead Strategies, en un correo enviado a CoinDesk el miércoles. Aunque bitcoin cotizó ligeramente débil el miércoles, logró imprimir un cierre por encima de la nube, lo que confirmó un cambio de tendencia alcista. Read this article in English . "La ruptura revierte la tendencia bajista a medio plazo y sitúa el siguiente obstáculo importante en el gráfico en la zona de $50.000 a $51.000, basada en la media móvil (MA) de 200 días y un nivel de retroceso del 50%", añadió Stockton. Creada por el periodista japonés Goichi Hosoda a finales de la década de 1960, la nube Ichimoku consta de dos líneas: el tramo principal A y el tramo principal B. Ambas líneas se trazan 26 días antes de la última vela para indicar futuros soportes o resistencias. El indicador utiliza una fórmula algo compleja para trazar estas líneas. Sin embargo, los usuarios no necesitan conocer el funcionamiento interno, del que se encargan los proveedores de gráficos, y pueden centrarse en interpretar las señales que provee el indicador. La nube se vuelve verde, indicando una tendencia alcista, cuando el tramo principal A cruza por encima del tramo principal B. El color de la nube cambia a rojo cuando el tramo principal B cae por debajo del tramo principal A. Los cruces por encima o por debajo de la nube se consideran señales tempranas de un cambio de tendencia alcista o bajista. La media móvil (MA) de 200 días y el retroceso de Fibonacci se utilizan ampliamente para identificar las tendencias a largo plazo y los posibles niveles de soporte y resistencia. La última ruptura está respaldada por una lectura superior a cero o alcista en el histograma MACD. "Nuestros indicadores de corto plazo apuntan al alza", señaló Stockton. Story continues Hasta el momento, el seguimiento de la ruptura ha sido desalentador, ya que la criptomoneda cotiza un 1% más abajo en el día, a $43.400, al momento de publicar este artículo. El indicador técnico Oscilador Estocástico del gráfico diario está cerca de emitir una señal de sobrecompra, lo que indica que puede haber una consolidación temporal antes de seguir subiendo. "El riesgo es mayor en este entorno, por lo que mantendríamos un stop loss ajustado para todas las posiciones en criptomonedas", dijo Stockton, añadiendo que la nube diaria ahora puede proporcionar soporte. Bitcoin ha subido más de 25% desde que tocó mínimos por debajo de $34.500 hace una semana, supuestamente por el aumento de la demanda de Rusia y Ucrania. Este artículo fue traducido por Andrés Engler .... - 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:** ['Key Insights: On Wednesday, the U.S. government announced sanctions on crypto mining firms for the first time. The latest sanctions come following the IMF highlighting the possible evasion of sanctions through crypto mining. Bitcoin (BTC) showed little reaction despite the increased level of scrutiny. Government and regulatory scrutiny over cryptos have plagued the crypto markets since December. The war in Ukraine and punitive sanctions on Russia have intensified the level of scrutiny. Governments are monitoring crypto movements and investigating any suspicious activity. This week, there has been plenty of chatter on cyberattacks , with both Russia and North Korea center stage. On Tuesday, the IMF also raised its concerns over cryptos and sanction evasion in the IMF Global Financial Stability Report. U.S. Treasury Sanctions Crypto Miners Evading Sanctions on Russia On Wednesday, the U.S. Treasury issued a statement on fresh sanctions targeting entities facilitating Russia to evade sanctions. Titled \x91U.S. Treasury Designates Facilitators of Russian Sanctions Evasion,\x92 the Treasury stated, \x93This is the first time the Treasury has designated a virtual currency mining company.\x94 The Under Secretary for Terrorism and Financial Intelligence, Brian E. Nelson, said, \x93Treasury can and will target those who evade, attempt to evade, or aid the evasion of U.S. sanctions against Russia, as they are helping Putin\x92s brutal war of choice.\x94 Nelson went on to say, \x93The United States will work to ensure that the sanctions we have imposed, in close coordination with our international partners, degrade the Kremlin\x92s ability to project power and fund its invasion.\x94 The Treasury stated that \x93By operating vast server farms that sell virtual mining capacity internationally, these companies help monetize its natural resources. Russia has a comparative advantage in crypto mining due to energy resources and a cold climate. However, mining companies rely on imported computer equipment and fiat payments, which makes them vulnerable to sanctions.\x94 Story continues As a result of the focus on virtual currency mining companies, \x93OFAC designated this holding company, Bitriver AG, pursuant to E.O. 14024 for operating or having operated in the technology sector of the Russian Federation economy.\x94 Additionally, OFAC designated Russia-based subsidiaries of Bitriver AG. The U.S. government\x92s targeting of virtual currency mining companies coincided with the IMF Financial Stability Report. IMF Highlights Risk of Cryptoization and Sanction Evasion On Tuesday, FX Empire reported on the IMF\x92s focus on cryptos in its quarter Global Financial Stability Report. The IMF discussed the risks of cryptoization and sanction evasion through the crypto ecosystem by way of, (1) the use of exchanges and other crypto asset providers that are non-compliant with sanctions or capital flow management measures or both; (2) poor implementation of adequate due diligence procedures by crypto asset providers; and (3) the use of technologies and platforms that increase the anonymity of transactions. The IMF then turned to crypto mining, stating, \x93Mining for energy-intensive blockchains like Bitcoin ( BTC ) can allow countries to monetize energy resources, some of which cannot be exported due to sanctions.\x94 Despite the increased level of scrutiny and the timing of the Treasury\x92s targeting of crypto mining shops, Bitcoin has held relatively steady. Bitcoin (BTC) Price Action At the time of writing, BTC was up 0.35% to $41,519. The early upside reversed a 0.31% loss from Wednesday. A move through to $42,000 would give the bulls a run at $43,500. Technical Indicators Bitcoin will need to avoid the $41,501 pivot to make a run on the First Major Resistance Level at $42,084. Bitcoin would need broader market support to return to $42,000 levels. In the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $42,790 and resistance at $43,500. The Third Major Resistance Level sits at $44,079. A fall through the pivot would bring the First Major Support Level at $40,795 into play. Barring an extended sell-off, Bitcoin should avoid sub-$40,000. The Second Major Support Level at $40,210 should limit the downside. A fall through the pivot would test support at $40,000. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bullish signal. Bitcoin continues to sit above the 50-day EMA, currently at $41,060. This morning, the 50-day EMA narrowed to the 100-day EMA, providing support. The 100-day EMA held steady against the 100-day EMA. A move through the 100-day EMA, currently at $41,667, would support a return to $43,000 levels. A move through the 100-day EMA would support a breakout session. This article was originally posted on FX Empire More From FXEMPIRE: Coinbase NFT Beta Goes Live With No Transaction Fees USD/CAD Drops in the Wake of Weakening Yields and Dollar GBP/USD Tests Resistance At 1.3075 Luxury Car Companies in Singapore and the U.S Start Taking Crypto E-mini S&P 500 Testing Main RT Zone at 4447.00 \x96 4530.50 APE Surges by 25% Amidst Crypto Selloff on BAYC Metaverse News', '• On Wednesday, the U.S. government announced sanctions on crypto mining firms for the first time.\n• The latest sanctions come following the IMF highlighting the possible evasion of sanctions through crypto mining.\n• Bitcoin (BTC) showed little reaction despite the increased level of scrutiny.\nGovernment and regulatory scrutiny over cryptos have plagued the crypto markets since December.\nThe war in Ukraine and punitive sanctions on Russia have intensified the level of scrutiny. Governments are monitoring crypto movements and investigating any suspicious activity.\nThis week, there has been plenty of chatter oncyberattacks, with both Russia and North Korea center stage.\nOn Tuesday, the IMF alsoraisedits concerns over cryptos and sanction evasion in the IMF Global Financial Stability Report.\nOn Wednesday, the U.S. Treasury issued astatementon fresh sanctions targeting entities facilitating Russia to evade sanctions.\nTitled ‘U.S. Treasury Designates Facilitators of Russian Sanctions Evasion,’ the Treasury stated,\n“This is the first time the Treasury has designated a virtual currency mining company.”\nThe Under Secretary for Terrorism and Financial Intelligence, Brian E. Nelson, said,\n“Treasury can and will target those who evade, attempt to evade, or aid the evasion of U.S. sanctions against Russia, as they are helping Putin’s brutal war of choice.”\nNelson went on to say,\n“The United States will work to ensure that the sanctions we have imposed, in close coordination with our international partners, degrade the Kremlin’s ability to project power and fund its invasion.”\nThe Treasury stated that\n“By operating vast server farms that sell virtual mining capacity internationally, these companies help monetize its natural resources. Russia has a comparative advantage in crypto mining due to energy resources and a cold climate. However, mining companies rely on imported computer equipment and fiat payments, which makes them vulnerable to sanctions.”\nAs a result of the focus on virtual currency mining companies,\n“OFAC designated this holding company, Bitriver AG, pursuant to E.O. 14024 for operating or having operated in the technology sector of the Russian Federation economy.”\nAdditionally, OFAC designated Russia-based subsidiaries of Bitriver AG.\nThe U.S. government’s targeting of virtual currency mining companies coincided with the IMF Financial Stability Report.\nOn Tuesday,FX Empirereportedon the IMF’s focus on cryptos in its quarter Global Financial Stability Report.\nThe IMF discussed the risks of cryptoization and sanction evasion through the crypto ecosystem by way of,\n(1) the use of exchanges and other crypto asset providers that are non-compliant with sanctions or capital flow management measures or both;\n(2) poor implementation of adequate due diligence procedures by crypto asset providers; and\n(3) the use of technologies and platforms that increase the anonymity of transactions.\nThe IMF then turned to crypto mining, stating,\n“Mining for energy-intensive blockchains like Bitcoin (BTC) can allow countries to monetize energy resources, some of which cannot be exported due to sanctions.”\nDespite the increased level of scrutiny and the timing of the Treasury’s targeting of crypto mining shops, Bitcoin has held relatively steady.\nAt the time of writing, BTC was up 0.35% to $41,519. The early upside reversed a 0.31% loss from Wednesday.\nBitcoin will need to avoid the $41,501pivotto make a run on the First Major Resistance Level at $42,084. Bitcoin would need broader market support to return to $42,000 levels.\nIn the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $42,790 and resistance at $43,500. The Third Major Resistance Level sits at $44,079.\nA fall through the pivot would bring the First Major Support Level at $40,795 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$40,000. The Second Major Support Level at $40,210 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bullish signal. Bitcoin continues to sit above the 50-day EMA, currently at $41,060.\nThis morning, the 50-day EMA narrowed to the 100-day EMA, providing support. The 100-day EMA held steady against the 100-day EMA.\nA move through the 100-day EMA, currently at $41,667, would support a return to $43,000 levels.\nThisarticlewas originally posted on FX Empire\n• Coinbase NFT Beta Goes Live With No Transaction Fees\n• USD/CAD Drops in the Wake of Weakening Yields and Dollar\n• GBP/USD Tests Resistance At 1.3075\n• Luxury Car Companies in Singapore and the U.S Start Taking Crypto\n• E-mini S&P 500 Testing Main RT Zone at 4447.00 – 4530.50\n• APE Surges by 25% Amidst Crypto Selloff on BAYC Metaverse News', '• Cry **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: 2022-04-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $797,200,453,812 - Hash Rate: 237127026.3214096 - Transaction Count: 282438.0 - Unique Addresses: 710624.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After Russia invaded Ukraine, Andriy Velikiy would look out his window at night and count the lights in the windows of nearby buildings. Around 90% of them stayed black. The cryptocurrency entrepreneur‘s apartment building faced Kyiv’s Maidan Square. Normally full of people, it’s empty and silent now, except for the sirens blaring from time to time. Some of his friends chose to leave the city when they could. Others are now fighting the invading Russian forces on the frontlines. Read more:Russian Government Introduces Crypto Bill to Parliament Over Central Bank Objections “I chose to stay somewhere in between. I’ll stay here in my apartment and protect my family here,” Velikiy, a member of a local shooting club, told CoinDesk on Monday. “And if things get worse – [I] will go to the frontlines.” On Tuesday, hepostedon Facebook that he had left Kyiv with his family. Velikiy wears several hats. He is the CEO ofApyswap Foundationand co-founder ofAllbridge, a startup working on cross-chain integrations and building bridges between blockchains. Many of his employees have moved to the western part of Ukraine, a bit farther from Russian tanks and rockets than Kyiv. He’s also a key member of the team behind the Unchain fund – a vehicle raising money to buy food, clothing, medicine, evacuation and repairs for civilians and everything but weapons for the army. Unchain accepts donations to multi-signature wallets on the Ethereum, Binance Smart Chain, Polygon, Harmony, Avalanche, Near and Celo networks. The project is one of several ways the Ukrainian crypto community has spontaneously coordinated fundraising attempts during a conflict that has killed hundreds of civilians and stoked fears of anew Cold Warbetween Russia and the West. Parallel efforts includeUkraineDAO, formed with the help of Russian art collective Pussy Riot, and theUkrainian government’s own crypto fundraiser. UkraineDAO has raised1,570 ETH($4.6 million). Official Ukrainian government addresses have received over200 BTC($8.7 million) and 1,639ETH($4.8 million). Come Back Alive, a group supporting the Ukrainian army, raised over195 BTC($8.5 million). According to anestimate by Forklog, a Russian-language crypto news outlet, various organizations raising crypto for Ukraine have received over $58 million in donations over the past six days. This week, the Unchain fund is planning to launch a distributed autonomous organization (DAO) to make decisions about how to spend the funds. Things progress slowly but surely, Velikiy said. “Because everything is so secure and decentralized, it’s very slow,” he said. Despite such drawbacks compared with traditional fundraising methods, crypto has benefits, too – such as a public audit trail of the donations. “It’s a matter of our reputation that the funds raised transparently with blockchain technology are used for things we declared to fund,” said Alexey Bobok, a сo-founder of Unchain. The Unchain wallets’ signers include, along with Velikyi, Gitcoin co-founder Scott Moore, Near Protocol co-founder Illia Polosukhin, MetaCartel community lead Peter Pan, Harmony community manager Nick Vasilich and others. There are nine keyholders in total. “Our goal is to break the chain of war and scatter its links far away from each other. So that they could never meet again,” the organization’swebsitesays. Read More:Ukrainian Government Receives Nearly $10M in Crypto Donations After Russian Invasion Each multisig wallet is going to be configured so that five or six out of 10 signatures would be needed to spend funds, Velikiy said. The development work is still ongoing, but the donation addresses have already received over $1.8 million in crypto, according to the website – CoinDesk’s own analysis of the wallets confirms that. The funds raised will be used to support several non-governmental organizations, including Voices of Children, International Medical Corps and People in Need, the website says. Rev Miller, co-founder of a metaverse project Atlantis World, says there are hundreds of volunteers now helping Unchain with everything from tech support to physically evacuating people from unsafe locations. Some of them are in Ukraine, including Miller’s own family. The first $1.3 million in crypto flew to Unchain’s wallets in less than 12 hours, Miller said, adding that the Near community was the most active to contribute. Bobok, who is also сo-founder ofWeld.Money, said he started Unchain with co-founder Alexey Meretskiy in January, when the war hadn't yet started. However, he, as well as many Ukrainians, would tell you that the war actually started eight years ago in 2014, when Russia annexed the Crimea peninsula and sentunmarked troopsandweaponryto the breakaway region of Donbass in the eastern part of Ukraine. Last month, the tensions around the Ukrainian border intensified, and in mid-February, the founders convened a working group and started reaching out to the NGOs and Ukraine’s Ministry of Defense, Bobok said. Velikiy said that there is also a smaller wallet with only one signature needed to spend: It’s being used by participants to fund some immediate needs. For example, he just cashed out $1,000 to send to a local baker who is baking fresh bread and giving it away to people living around his place in Kyiv, he said. In a few other instances, funds were spent to buy things like clothes, socks and medical supplies for the army and buses to evacuate people from the city of Kharkiv, which is sufferingheavy shellingby Russian artillery. Read more:SOL, ETH Rise With Bitcoin as War Continues After Russia, Ukraine Hold Peace Talks About $50,000 has been spent so far in total, he said. Unchain is already speaking to the International Committee of the Red Cross about helping the humanitarian organization evacuate people who are in danger, according to Bobok. The Red Cross didn’t respond to a request for comment from CoinDesk by press time. But the bulk of the funds raised will be held in the multisigs, with some of the key holders outside Ukraine. “Our thinking was that we need to invite reputable people who will take responsibility in front of the crypto community and no one of them would have access to all funds at once. Then if things get worse, some people with access would still be around and we won’t lose the funds,” Velikiy said. And things indeed can get worse. On Feb. 24, Velikiy’s wife drove to the grocery store and brought home a car full of food, he said. That was a good call, because the family had enough food to go for several days, and food has become harder to buy: When there is no curfew, people rush to the stores and sweep all the food off the shelves. Before the Russian military assault on Ukraine started, Velikiy spoke of his friends’ plans to evacuate from Kyiv with sarcasm. Back then, few people in Ukraine or Russia believed there would be an invasion and bombshelling of all major Ukrainian cities. Read more:No, Crypto Won't 'Fix This' for Russia “We had been going back and forth on whether we should evacuate people or not, and ended up choosing not to, unfortunately, because until last week we didn't believe that this would happen,” says Anatoly Kaplan, founder of Forklog. Kaplan himself lives outside Ukraine; half of his team, or about 20 people, are in the country. Only a few of his Ukrainian employees left the country during the past several days, he said, all of them young women. “Guys decided to stay so that they can, if needed, grab their guns and go into the battle,” Kaplan said, adding that one of his staffers is now a fighter in the territorial defense squad in the city of Zaporizhzhia. “At some point in Kyiv, there were fewer weapons than [civilian] people willing to fight,” Kaplan said. According to his estimates, around 10% of the local crypto community left Ukraine in anticipation of the war, especially those who are closely working with partners or clients in Western Europe or the U.S. Velikiy said he believes the number could be as high as 20%. Ukraine has been a significant tech hub for the global blockchain and cryptocurrency industry, with multiple developers and validators either coming from Ukraine or physically based there. For example, a notable number of Tezos validators, Solana developers, and developers and validators for Near protocol had been based in Ukraine, Kaplan said. Polosukhin, Near’s founder, said the news about the war hit as he was about to come back home from the ETHDenver conference in the U.S. His family is in Kharkiv. “Our folks mostly managed to get out of the hot spots and move to the West. Many validators took their servers out [of the country] in advance as the tensions were rising,” Polosukhin told CoinDesk. He said he decided to support Unchain as it has been the only fund not raising money for buying weapons. For six days Velikiy, his wife and 1-year-old son lived in the heart of a besieged city, along with other civilians. Every day, their background noise was artillery barrage, explosions and sirens. When the sirens went off, the family would go downstairs to the underground parking lot serving as a bomb shelter. He said that by the fifth day of the war, he didn’t care to spend too much time underground and preferred to sleep at home. Fortunately, cellphone and internet service were still good in the city, and the payment infrastructure stays functional, as well. The Unchain fund’s idea has always been to fund humanitarian aid, like food, clothing and medicines but not weapons. Some participants are very particular about not helping the armed forces at all. “There is a discussion ongoing if we should be spending funds on [military] equipment like thermal imagers and collimators – different people view that differently,” Velikiy said. The peacenegotiationsthat started on Monday brought a bit of hope, Velikiy said. Everyone was hoping that the war would stop soon and life would go back to normal. With the shelling intensifying in Kharkiv andKyivon Tuesday, however, ... - 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 bearish Thursday session left Bitcoin (BTC) down 2.14% to end the day at $40,491.\n• Fed Chair Powell sank the U.S equity and crypto markets with talk of a recession and a 50-basis point rate hike.\n• Technical indicators are bearish, with BTC tumbling through the 50-day EMA.\nOn Thursday, Bitcoin (BTC) fell by 2.14%. Following a 0.31% loss on Wednesday, BTC ended the day at $40,491.\nA bullish start to the day turned sour as the markets responded to a scheduled Fed Chair Powell speech at the IMF.\nBitcoin had hit a day high of $42,997 to test resistance at $43,000 before tumbling to a day low of $39,865.\nElsewhere,AVAX(-4.00%),BNB(-3.25%),ETH(-3.03%),LUNA(-4.84%), andSOL(-3.63%) struggled.\nADA(-2.88%) andXRP(-2.53%) saw relatively modest losses.\nOn Thursday, Fed Chair Powellspokeat the Annual Economic Policy Conference National Association for Business Economics.\nThere were two key takeaways from the Powell speech. Firstly, the prospect of a fifty-basis point rate hike.\nDiscussing restoring price stability, Powell said,\n“If we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or in meetings, we will do so. And if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well.”\nSecondly, Powell talked of the challenges of bringing down inflation without bringing down the economy.\nConcerning growth, Powell said,\n“I hasten to add that no one expects that bringing about a soft landing will be straightforward in the current context – very little is straightforward in the current context. My colleagues and I will do our very best to succeed in this challenging task.”\nThe combination of a more rapid move to policy-neutral and possibly beyond and the threat of recession weighed on riskier assets.\nOn Thursday, the NASDAQ 100 tumbled by 2.07%, with the futures in the red this morning to pressure the crypto markets further.\nAt the time of writing, Bitcoin was down by 0.50% to $40,287.\nBitcoin will need to move through the day’s $41,114pivotto make a run on the First Major Resistance Level at $42,369. Bitcoin would need broader market support to return to $42,000 levels.\nIn the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $44,252. The Third Major Resistance Level sits at $47,382.\nFailure to move through the pivot would bring the First Major Support Level at $39,240 into play. Barring another extended sell-off, Bitcoin should avoid sub-$39,000. The Second Major Support Level sits at $37,985.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $41,065. This morning, the 50-day EMA pulled back from the 100-day EMA, testing support. The 100-day EMA pulled back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a return to $42,000 levels.\nThisarticlewas originally posted on FX Empire\n• Silver Prices Face Downward Pressure as Yields Surge Higher\n• E-mini Dow: Buyers Lightening Up Ahead of Powell Speech\n• Crude Oil Markets Continue to Show Signs of Life\n• USD/CAD Moves Lower Amid Rising Oil Prices and Strong Canadian Inflation Data\n• Best Travel Stocks To Buy Now\n• Natural Gas Prices Consolidate Following EIA Inventory Report', 'Key Insights: A bearish Thursday session left Bitcoin (BTC) down 2.14% to end the day at $40,491. Fed Chair Powell sank the U.S equity and crypto markets with talk of a recession and a 50-basis point rate hike. Technical indicators are bearish, with BTC tumbling through the 50-day EMA. On Thursday, Bitcoin ( BTC ) fell by 2.14%. Following a 0.31% loss on Wednesday, BTC ended the day at $40,491. A bullish start to the day turned sour as the markets responded to a scheduled Fed Chair Powell speech at the IMF. Bitcoin had hit a day high of $42,997 to test resistance at $43,000 before tumbling to a day low of $39,865. Elsewhere, AVAX (-4.00%), BNB (-3.25%), ETH (-3.03%), LUNA (-4.84%), and SOL (-3.63%) struggled. ADA (-2.88%) and XRP (-2.53%) saw relatively modest losses. Fed Chair Powell’s Speech Pummels Riskier Assets On Thursday, Fed Chair Powell spoke at the Annual Economic Policy Conference National Association for Business Economics. There were two key takeaways from the Powell speech. Firstly, the prospect of a fifty-basis point rate hike. Discussing restoring price stability, Powell said, “If we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or in meetings, we will do so. And if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well.” Secondly, Powell talked of the challenges of bringing down inflation without bringing down the economy. Concerning growth, Powell said, “I hasten to add that no one expects that bringing about a soft landing will be straightforward in the current context – very little is straightforward in the current context. My colleagues and I will do our very best to succeed in this challenging task.” The combination of a more rapid move to policy-neutral and possibly beyond and the threat of recession weighed on riskier assets. On Thursday, the NASDAQ 100 tumbled by 2.07%, with the futures in the red this morning to pressure the crypto markets further. Story continues Bitcoin Price Action At the time of writing, Bitcoin was down by 0.50% to $40,287. Failure to return to $42,000 could leave Bitcoin under heavy selling pressure. Technical Indicators Bitcoin will need to move through the day’s $41,114 pivot to make a run on the First Major Resistance Level at $42,369. Bitcoin would need broader market support to return to $42,000 levels. In the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $44,252. The Third Major Resistance Level sits at $47,382. Failure to move through the pivot would bring the First Major Support Level at $39,240 into play. Barring another extended sell-off, Bitcoin should avoid sub-$39,000. The Second Major Support Level sits at $37,985. Failure to move through the pivot would leave support levels in play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $41,065. This morning, the 50-day EMA pulled back from the 100-day EMA, testing support. The 100-day EMA pulled back from the 200-day EMA, BTC negative. A move through the 50-day EMA would support a return to $42,000 levels. A move through the 50-day EMA would bring $42,000 back into play. This article was originally posted on FX Empire More From FXEMPIRE: Silver Prices Face Downward Pressure as Yields Surge Higher E-mini Dow: Buyers Lightening Up Ahead of Powell Speech Crude Oil Markets Continue to Show Signs of Life USD/CAD Moves Lower Amid Rising Oil Prices and Strong Canadian Inflation Data Best Travel Stocks To Buy Now Natural Gas Prices Consolidate Following EIA Inventory Report', '• On Wednesday, the National Basketball Association (NBA) launched 18,000 Ethereum-based NFTs.\n• Poor coding led to users exploiting the drop by cleaning out the 18,000 NFT collection.\n• In response, the NFT has increased the collection from 18,000 to 30,000 to accommodate fans.\nIt has been a great 2022 forNFTsand the sports world. Team and play interest in NFTs and themetaversehave surged as sports look to capitalize on Web3 to drive fan engagement.\nU.S sports franchises, including the NFL and the NBA, have been at the forefront of innovation. Both have seen success with their NFT marketplaces, providing incentives for more activity to celebrate major sporting events.\nOn Wednesday, the NBA launched ‘The Association,’ an 18,000 NFT drop to celebrate the NBA playoffs.\nOn Thursday, news hit the newly launched NBA Discord of an exploit. Last week, the NBAlaunched‘NBAxNFT,’ a discord to provide a platform for the NBA community to engage in Web3 chatter.\nWith 59,592 members, the Discord has come in handy as the NBA looks to manage the situation.\nOn Thursday, the NBA announced the exploit on NBAxNFT,\n“We recognize the issues with the smart contract which caused the Allow List supply to sell out prematurely. We apologize for this situation and are currently identifying the Allow List wallets that were not able to mint as a result.”\nThe Association collection was on offer to early members of NBAxNFT via an “Allow List.” Early Discord members could link anEthereumwallet to the Discord to reserve one NFT per wallet.\nA coding issue resulted in individual users minting as many as 100 NFTs and then selling them on the OpenSea marketplace.\nAt the time of writing, there were 17,093 NFTs from The Association collection onOpenSea, with 9,100 owners and a floor price of 0.193 ETH.\nAbout an hour after launch, the NBA hit pause on the drop and announced that it would increase the number of NFTs in the collection to 30,000.\nThe Discord’s scam-alerts page, however, suggests that the NBA was still grappling with scammers overnight. The Discord provided scam website addresses that had announced the resumption of the mint.\nThe exploit has not deterred the NBA from completing The Association drop, with the U.S franchise well versed in the NFT space.\nThe NBA and Dapper Labs launched the NBANFTmarketplace Top Shot in 2020. Since then, the NBA is looking to further drive fan engagement with NBAxNFT and The Association collection.\nNBA teams have also launched playoff collections. Last week, the Golden State Warriors (GSW) launched a 2022 playoff NFT collection on theFTXNFT marketplace.\nThe Golden State Warriors 2022 Playoff NFT Collection is a limited collection of 2,000 NFTs, randomly assigned when minted on the Solana (SOL)blockchainvia FTX.\nDespite the new collections, NBA Top Shot will likely remain the flagship NFT 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: 2022-04-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $770,891,300,381 - Hash Rate: 189420997.35733905 - Transaction Count: 260930.0 - Unique Addresses: 671463.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Investing in Shopify (NYSE: SHOP ) stock doesn’t make much sense at the moment. That isn’t to say that the eCommerce platform targeted toward small and medium businesses isn’t a good one. It has shown strong fundamental improvement in its early life. There Are Still so Many Problems With Shopify Stock Source: Paul McKinnon / Shutterstock.com As a business, Shopify is doing quite well. But as 2022 is proving, it requires more than strong current growth to maintain or improve share prices. More succinctly, the market hates bad news. Bad News The reason to be wary of Shopify shares boils down to the first sentence of 2022 guidance from the Feb. 16 earnings report. The report stated what the company expects : InvestorPlace - Stock Market News, Stock Advice & Trading Tips “ Year-over-year revenue growth to be lower in the first quarter of 2022 and highest in the fourth quarter of 2022 due to three factors. First, we do not expect the COVID-triggered acceleration of eCommerce in the first half of 2021 from lockdowns and government stimulus to repeat in the first half of 2022. Second, our new terms with apps and theme developers cause two differences from last year’s first quarter: the elimination of Shopify’s rev share on partners’ first million dollars of revenue annually reset on January 1st and the shift from gross to net revenue recognition for the sale of themes as a result of revised contract terms with our theme partners.” 7 Sports Betting Stocks to Buy as March Madness Tips Off That news sent SHOP shares declining rapidly. In the few days subsequent to the release, share prices declined over 30%. They’ve gone even lower since. Investors have shown that they don’t care that Shopify anticipates a strong end to 2022. Covid-19 dynamics aren’t what they were a year ago. And Shopify won’t get a share of the revenue from sellers using its platform on their first $1 million in sales. None of that is positive. But there is a conundrum here: Shopify had a very strong year in 2021. It is a mature eCommerce company that provided strong results outside of guidance. Story continues Still Strong As president Harley Finkelstein noted the company has had a stellar two-year run: “We nearly tripled revenue, more than doubled GMV and the Shopify team, and the number of merchants using Shopify is nearly twice as big as 2019 levels.” There’s a lot that could be said about that quote. But it’s worth noting that the company is deriving outsized revenue increases on improved merchandise volume. That’s a strong sign which implies that Shopify’s business is improving. After all, if you move twice as much product and receive close to three times the revenue — that’s a positive. The problem again isn’t that Shopify performed poorly. It reached $1.38 billion in Q4 revenues, up 41% on a year-over-year basis. The problem is that Shopify is maturing. The market will reward it when it provides growth-stock attributes, not value-based attributes. Or at least that’s the way it appears in early 2022. Relative Position The funny thing is that investors were willing to pay a lot of money for SHOP stock throughout 2020 and 2021. Value metrics like price-to-earnings (P/E) ratio didn’t matter. Now Shopify has come down in price and its P/E ratio is slightly better than average in its industry. That’s probably a better way to view Shopify now. It’s maturing and the market could come around. But investors probably won’t be willing to pay significantly more unless Shopify finds growth soon. What to Do Shopify is a paradox right now: It is quite strong fundamentally but it seems to be entering a maturing period. The market will punish it for anything that suggests its growth period is over. That’s what happened. So despite the relatively strong business fundamentals, I’d stay away. If signs emerge that the market is receptive toward Shopify as a maturing eCommerce platform and stock, then the narrative changes. On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Get in Now on Tiny $3 ‘Forever Battery’ Stock It doesn’t matter if you have $500 in savings or $5 million. Do this now. Stock Prodigy Who Found NIO at $2… Says Buy THIS Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post Shopify Is Suffering a Market Sentiment Swing But Won’t Last Forever appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/DigiMessage', 'yieldly only needs to add more Pools, LPs, DPools, and Others [Increasing yieldly Yield and Value]', 37, '2022-04-22 00:17', 'https://www.reddit.com/r/yieldly/comments/u8z3p5/yieldly_only_needs_to_add_more_pools_lps_dpools/', 'Seems the only solution is to add more projects yieldly team. :) I am already on my 2nd project offering period, and I always see yieldly being a significant mover at this product cycle launches (for other ASAs/tokens, but not yieldly itself).\n\nJust look at the charts, yieldly significantly more visible on the top charts of [tinychart.org](https://tinychart.org)\'s "Popular" and "Trending" ("Top gainers" remains elusive) maybe just offering more projects/products can land yieldly on that "Top gainers" listing, to even make yieldly a more worthwhile asset to invest/reinvest in.\n\n**To Team yieldly:**\n\n**Please have more Pools, LPs, DPools, at a more productive rate. Thanks on behalf of your investors and supporters.**\n\n​\n\n**Addendum 1: Added Insight: yieldly must focus and protect its own (YLDY + ALGO)**\n\n>YLDY must have expanded intrinsic/native products that strengthen and focuses on the yieldly and Alogorand brand, this is the only way. (Sorry that I have to reference a competitor here, A\\_\\_\\_S\\_\\_\\_\\_, just to make a point.) \n> \n>So it does not come to a point wherein we have a YLDY vs. COSG situation, wherein a YLDY offering becomes actually a "mental crossroads" for an investor to drop YLDY in order to have COSG. We need to have more reasons to dwell in an ecosystem and expand within.\n\n**Addendum 2: Primary Example, yieldly must the one who spearheads YLDY LPs enabling investment genesis, investment movement, and investment retention. After which earnings should be available to be enjoyed/reinvested by your own team (why beat up yourself on this?), and symbiotically share earnings to YLDY regular investors. And other ideas...**\n\n* Why the heck is the primary LP of YLDY + ALGO not in the yieldly app? This must be here since inception.\n* How do you start with YLDY? For most it is through purchase of ALGO, hence yieldly must own and operate with pride the primary ALGO/YLDY LP.\n* How do others move on to Algorand then to yieldly? Answer: From one crypto currency to the other. Biggest of which are 1) Bitcoin, 2) Ethereum, and increasing in significance are 3) USDC 4) AVAX 5) Harmony and 6) Others. Spearhead bridges, and implement the primary pools for 1) wBTC/ALGO, 2) wBTC/YLDY, 3) wETH/ALGO, 4) wETH/YLDLY, and so on...\n* Do you need to burn YLDY? Technically with good fundamentals no, tokens are already a dime a dozen. Even if you limit your supply, the supply of other tokens per se just increases the virtual tokens that you can opt to have. Remember tokens are just assets and value is more often than not, subjective. The key is to work hard in your own farm: plant, nurture, harvest, and hope for the best.', 'https://www.reddit.com/r/yieldly/comments/u8z3p5/yieldly_only_needs_to_add_more_pools_lps_dpools/', 'u8z3p5', [['u/CHRIST_isthe_God-Man', 17, '2022-04-22 00:30', 'https://www.reddit.com/r/yieldly/comments/u8z3p5/yieldly_only_needs_to_add_more_pools_lps_dpools/i5ocm6b/', 'Hey OP: From discord, the news is that they (Yieldly) intend to launch a pool approx. each week to keep a nice stream of ASA pools.', 'u8z3p5'], ['u/DigiMessage', 14, '2022-04-22 00:45', 'https://www.reddit.com/r/yieldly/comments/u8z3p5/yieldly_only_needs_to_add_more_pools_lps_dpools/i5oekjo/', 'I am actually bullish on Yieldly even through this prevailing negativity, I know they can do it and ramp up production. If smaller Algorand fishes can do it, I am confident so can yieldly.', 'u8z3p5'], ['u/CHRIST_isthe_God-Man', 15, '2022-04-22 00:50', 'https://www.reddit.com/r/yieldly/comments/u8z3p5/yieldly_only_needs_to_add_more_pools_lps_dpools/i5of4ha/', 'I agree!\n\nI think the next few months with the new products and revamped roadmap will be telling!', 'u8z3p5'], ['u/Ragingdragon_69', 16, '2022-04-22 03:31', 'https://www.reddit.com/r/yieldly/comments/u8z3p5/yieldly_only_needs_to_add_more_pools_lps_dpools/i5p0581/', "There have been multiple posts about this from myself, and one of the former YLDY Whales (BlueMoon). YLDY will continue to decrease unless they actually figure out how to either lock YLDY into the Yieldly Platform, or their other upcoming platforms.\n\nThe tokenomics are dumping 350 Million YLDY onto the market every month for 3 more months, and then it will reduce to 160 Million per month for another year.... The early VC investors bought in for .0005 which means unlike anyone buying in now, they can still sell for a profit at these prices....\n\nThe YLaunch launchpad that they have been touting, just seems to be additional staking pools.... Hopefully the NFT Marketplace can add some additional utility, though I'm starting to have my doubts. And the 1st Governance Vote is basically useless, since it doesn't reward us in YLDY and doesn't lock up YLDY for more than a couple days. And only a moron would vote for option A, given that B burns additional tokens.\n\nThey need to add utility to the YLDY token! And they need to find additional revenue streams! An integrated AMM (which was in their 1st Roadmap) would add utility, and allow them to collect fees instead of selling YLDY to fund development.\n\nAnd they NEED to add an LP Pool desperately! This will help stabilize the price from these massive sales that are happening. And there really is no excuse that it hasn't been added yet, pure lazy development....", 'u8z3p5']]], ['u/crypt0stein', 'Ever wondered if those steel backups for crypto really work? I put one inside a ceramic furnace for 12 hours!', 930, '2022-04-22 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/u8z7wv/ever_wondered_if_those_steel_backups_for_crypto/', "I run a small brand of stainless steel crypto backups and recently I put my most popular one inside a ceramic furnace for 12 hours straight, with a peak temperature of 1150 °C (2102 °F) which lasted 1 hour.\n\nMy backup works by converting each word of your seedphrase into its equivalent number using the BIP39 Standard, a static pool of 2048 words. Then you just grab a hammer or mallet and stamp the sequence of numbers into the plate.\n\nProduct: https://cryptonumeris.com/products/plate-s\n\nOriginal wordlist: [https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt](https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt)\n\nSo instead of shipping 27 alphabetical stamps I just ship 9 numerical stamps (6=9).\n\nI use AISI 304 Stainless Steel which has a melting point of 1450 °C (2642 °F) so I knew it would not melt, this was rather intended to be an endurance test against high temperature for a long period of time.\n\n[Fully stamped plate](https://preview.redd.it/y9kdtkx8gyu81.jpg?width=4592&format=pjpg&auto=webp&s=433320839d54fb23e72ce73aff1ca6e83ad60522)\n\n[Macro shot of the stamped numbers](https://preview.redd.it/8gdcdt6dgyu81.jpg?width=4592&format=pjpg&auto=webp&s=f1fa5398e59eeb5c16e14f45953e90e8f358f3cc)\n\n\\*\\*\\*\n\nAnyway, so one of my dad's friends runs a ceramics factory which manufactures Raku (his name is Juan), and he was kind enough to let me put one of my plates in one of the furnaces.\n\nOn **April 12 at 6:30 am the test had begun**, the furnace was on. Juan told me the peak temperature was gonna be reached at around 4:30 pm so I went to the factory at that time to photograph the live furnace and and the thermostat. \n\nPlease note that the furnace was turned off at 6:00 pm but remained closed until the next morning at 9:00 am, an extra 15 hours which I do not have the graph for, but it's safe to say it remained very hot inside the furnace for a good few hours after it was turned off. \n\n[The live furnace.](https://preview.redd.it/ve4i58e3hyu81.jpg?width=4592&format=pjpg&auto=webp&s=69b090de8604e2b4df8e8ff37e6581c48d988e1a)\n\n[Peak temperature](https://preview.redd.it/avitsx74hyu81.jpg?width=4592&format=pjpg&auto=webp&s=7ec197cad26e0802fe6f73bfd8fc8553b2f35e96)\n\n[Temperature graph](https://preview.redd.it/ls025646hyu81.png?width=952&format=png&auto=webp&s=202a7f547f608980026044c447534bbcfe5cb0f3)\n\n# The Aftermath\n\nOn **April 13 at 9:00 am the test had concluded**, the furnace was practically at ambient temperature. The first pic was taken by Juan when they first opened the furnace. I got really anxious because you can barely see any marks on the plates so for a moment I thought they were completely done. I arrived at 11:30 am to the factory only to be surprised by the results.\n\n[First pic after opening the furnace](https://preview.redd.it/vo2s0m5yhyu81.jpg?width=1512&format=pjpg&auto=webp&s=16667d2625c92ecb52b997ad7fda3e5a686d39df)\n\n[Front and back](https://preview.redd.it/j4fiobibiyu81.jpg?width=4592&format=pjpg&auto=webp&s=cac74ca0890d9a21706ed2196559df1fb48b20a7)\n\n[Close up](https://preview.redd.it/f6saqvdciyu81.jpg?width=4592&format=pjpg&auto=webp&s=3c0094e64ae6af465c823ca6e8ea2493bfeea6bf)\n\n[Macro shot of the stamped numbers](https://preview.redd.it/pltszrwciyu81.jpg?width=4592&format=pjpg&auto=webp&s=94c821a379f2b35880005c89fbf8adf659578c76)\n\n# Result & Conclusions\n\nThe backup data was fully recovered, you can see all the numbers because the steel has almost all of its integrity even after being burned down for half a day.\n\nAfter carefully reviewing both burned plates and the nature of this benchmark, I came to the conclusion that this test was a total success. I like that this ended up being an extreme endurance test that really shows the strength of the steel.\n\nThere's no secret, if the furnace would have reached a temperature of 1450 °C (2642 **°**F) both plates would have melted and redeemed irrecoverable. But realistically speaking, in what scenario would these crazy tempe... Based 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:** ['Key Insights: On Friday, news hit the wires of Binance sharing user data with Russian authorities. Overnight, Binance responded to a Reuters report, stating that the news was \x93categorically false.\x94 Before the user data story, Binance had announced limited services to Russians in response to the latest EU sanctions. World-leading crypto exchange Binance has had plenty of news coverage in recent months. In February, crypto exchanges were back in the spotlight following the Russian invasion of Ukraine. In response to Ukrainian government calls to freeze all Russian crypto accounts, Reuters reported that Binance would block Russian client accounts targeted by sanctions but not freeze all accounts. Binance was not alone in its position on account freezes, with several other leading exchanges choosing a similar path. Binance Calls Out Reuters with False Claim On Friday, news hit the wires of Binance sharing client data with Russia. According to a Reuters Special Report , Binance\x92s regional head met with Russia\x92s financial intelligence unit in April 2021. Reportedly, Russian intelligence wanted Binance to share client data to help the fight against crime. Reuters went on to say that Russian intelligence was trying to trace Russian opposition leader Alexei Navalny\x92s Bitcoins ( BTC ) amounting to millions of dollars. Binance\x92s head of Eastern Europe and Russia, Gleb Kostarev, reportedly consented to the request, saying to a \x93business associate that he didn\x92t have much choice in the matter.\x94 Reuters noted that Binance has continued to operate in Russia since the invasion of Ukraine. This is despite other payment platforms, including PayPal ceasing operations in the country. In response to the Reuters report, Binance has denied that it helped Russian intelligence track down donations to Alexei Navalny. On Friday, Binance posted , \x93Suggestions that Binance shared any user data, including Alexei Navalny, with Russian FSB controlled agencies and Russian regulators are categorically false.\x94 Story continues Binance added, \x93On the specific matter of not sharing data \x96 today, any government or law enforcement agency in the world can request user data from Binance as long as it is accompanied by the proper legal authority. Russia is no different. Fulfilling disclosure obligations to the authorities in each jurisdiction is a large part of becoming a regulated business and Binance fulfills its legal obligations.\x94 Binance stated that it plans to lodge a formal complaint to Reuters. The exchange also shared a full email exchange with Reuters on Binance operations in Russia. Binance Announces Limited Services to Russian Users On Thursday, Binance announced that it will restrict the Russian account holders with more than \x8010,000 to withdrawal-only mode. According to the announcement, \x93Following the EU\x92s fifth package of restrictive measures against Russia, Binance is required to limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that have cryptos exceeding the value of 10,000 EUR. As such, we require you to complete your proof-of-address verification.\x94 Binance added, \x93Accounts that classify under this restriction will be put into withdrawal-only mode. No deposits or trading will be permitted on these accounts. The limit also covers all spot, futures, custody wallets, and staked and earned deposits. In addition, all deposits to accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia with over 10,000 EUR will be restricted.\x94 The latest announcement comes despite Binance CEO Changpeng \x93CZ\x94 Zhao reportedly stating that his exchange \x93would resist calls to limit services to normal people,\x94 calling such a move unethical. This article was originally posted on FX Empire More From FXEMPIRE: The S&P 500 Continues to Face Overhead Pressure for the Week Gold Markets Have a Volatile and Negative Week Silver Prices Continue to Fall Following Prospects for Hawkish Fed Policy Binance.US Adds Terra UST Stablecoin As Base Pair for Cryptocurrencies US Stock Markets Get Bashed Heading Into the Weekend Nike and RTFKT Go to the Metaverse with CryptoKicks Sneakers', '• On Friday, news hit the wires of Binance sharing user data with Russian authorities.\n• Overnight, Binance responded to a Reuters report, stating that the news was “categorically false.”\n• Before the user data story, Binance had announced limited services to Russians in response to the latest EU sanctions.\nWorld-leading crypto exchangeBinancehas had plenty of news coverage in recent months.\nIn February, crypto exchanges were back in the spotlight following the Russian invasion of Ukraine.\nIn response to Ukrainian government calls to freeze all Russian crypto accounts, Reutersreportedthat Binance would block Russian client accounts targeted by sanctions but not freeze all accounts.\nBinance was not alone in its position on account freezes, with several other leading exchanges choosing a similar path.\nOn Friday, news hit the wires of Binance sharing client data with Russia. According to aReuters Special Report, Binance’s regional head met with Russia’s financial intelligence unit in April 2021. Reportedly, Russian intelligence wanted Binance to share client data to help the fight against crime.\nReuters went on to say that Russian intelligence was trying to trace Russian opposition leader Alexei Navalny’s Bitcoins (BTC) amounting to millions of dollars.\nBinance’s head of Eastern Europe and Russia, Gleb Kostarev, reportedly consented to the request, saying to a “business associate that he didn’t have much choice in the matter.”\nReuters noted that Binance has continued to operate in Russia since the invasion of Ukraine. This is despite other payment platforms, includingPayPalceasingoperations in the country.\nIn response to the Reuters report, Binance has denied that it helped Russian intelligence track down donations to Alexei Navalny.\nOn Friday, Binanceposted,\n“Suggestions that Binance shared any user data, including Alexei Navalny, with Russian FSB controlled agencies and Russian regulators are categorically false.”\nBinance added,\n“On the specific matter of not sharing data – today, any government or law enforcement agency in the world can request user data from Binance as long as it is accompanied by the proper legal authority. Russia is no different. Fulfilling disclosure obligations to the authorities in each jurisdiction is a large part of becoming a regulated business and Binance fulfills its legal obligations.”\nBinance stated that it plans to lodge a formal complaint to Reuters. The exchange also shared a full email exchange with Reuters on Binance operations in Russia.\nOn Thursday, Binanceannouncedthat it will restrict the Russian account holders with more than €10,000 to withdrawal-only mode.\nAccording to the announcement,\n“Following the EU’s fifth package of restrictive measures against Russia, Binance is required to limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that have cryptos exceeding the value of 10,000 EUR. As such, we require you to complete your proof-of-address verification.”\nBinance added,\n“Accounts that classify under this restriction will be put into withdrawal-only mode. No deposits or trading will be permitted on these accounts. The limit also covers all spot, futures, custody wallets, and staked and earned deposits. In addition, all deposits to accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia with over 10,000 EUR will be restricted.”\nThe latest announcement comes despite Binance CEO Changpeng “CZ” Zhaoreportedlystating that his exchange “would resist calls to limit services to normal people,” calling such a move unethical.\nThisarticlewas originally posted on FX Empire\n• The S&P 500 Continues to Face Overhead Pressure for the Week\n• Gold Markets Have a Volatile and Negative Week\n• Silver Prices Continue to Fall Following Prospects for Hawkish Fed Policy\n• Binance.US Adds Terra UST Stablecoin As Base Pair for Cryptocurrencies\n• US Stock Markets Get Bashed Heading Into the Weekend\n• Nike and RTFKT Go to the Metaverse with CryptoKicks Sneakers', "Photo Illustration by Luis G. Rendon/The Daily Beast/Getty “Imagine if keeping your car idling 24/7 produced solved Sudokus you could trade for heroin.” That’s how one Twitter user described the production, transaction, and utility of Bitcoin and other cryptocurrencies back in 2018. Though it’s an exaggeration, that description isn’t entirely off-base—cryptocurrencies require massive amounts of energy to be produced and used. Bitcoin has the yearly carbon footprint equivalent to the Czech Republic while producing as much annual electronic waste as the Netherlands. Those numbers haven’t stymied the contention among many cryptocurrency enthusiasts that this is a singular solution to all the world’s energy problems. “Bitcoin mining solves a number of climate issues, while also creating a more profitable model,” crypto enthusiast Anthony Pompliano wrote last August. Many developers say they are working on cryptocurrencies that are supposed to encourage eco-friendly practices, and even tokenize carbon offsets. While these solutions sound appealing on the surface, climate and environmental policy experts are dubious they will have much impact mitigating climate change and changing our energy habits. Even though some of these projects are driven by techies with good intentions, these quick fixes and greenwashing proposals are unlikely to bring us closer to a zero-emissions world. Bitcoin Could Cost Us Our Clean-Energy Future For the uninitiated, Bitcoin and many other cryptocurrencies use a Proof of Work verification method to add new transactions to the blockchain. This process requires users **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: 2022-04-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $754,218,639,982 - Hash Rate: 228708315.3277501 - Transaction Count: 234978.0 - Unique Addresses: 613940.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: St. James Gold Corp. Vancouver, British Columbia, March 07, 2022 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to offer commentary on recent developments in the gold market. In response to the developing geopolitical factors and growing inflation concerns, Goldman Sachs has affirmed that "the recent escalation with Russia create clear stagflationary risks to the broader economy, driven by higher energy prices, which reinforce our conviction in higher gold prices in coming months and our $2,150/toz (troy ounce) price target." Spot gold traded at a high of just over $2,000 an ounce on Sunday, March 6 th , 2022 as investors reacted to Russia intensifies military strikes in Ukraine. Goldman Sachs also stated that, “Gold's unique role as the currency of last resort will likely be apparent if restrictions on Russia's central bank accessing its offshore reserves leave it leveraging its large domestic gold stockpiles to continue foreign trade, most likely with China”. With the escalation of spot gold prices since the beginning of the year and currently pushing US $2,000 per oz, interest in the gold market has been gaining momentum. Increased uncertainty in the war in Ukraine and the potential for a drawn-out conflict has reaffirmed gold’s historical place as a hedge for investors. When combined with the decline of cryptocurrencies in recent months, gold is well positioned to increase its visibility for investors seeking diversification and safe havens. For the largest cryptocurrency, Bitcoin, its year-to-date performance is negative, and off 36.1%+ from its November 8, 2021 peak. As stated by George Drazenovic, CEO, St. James Gold , "The future for gold looks very bright. With our advanced property and flagship Florin Gold Project in the Yukon Territory, we are well positioned to take advantage of the improving gold market. We are encouraged that valuations for junior resource companies will improve as media interest and bullish sentiments strengthen. The escalated spot price of gold is an important factor for junior gold exploration companies seeking financings, and we in particular look forward to building on the general market sentiment with many upcoming catalysts.” Story continues About St. James Gold Corp. St. James Gold Corp. is a publicly traded company listed on the TSX Venture Exchange under the trading symbol “LORD”, in the U.S. Market listed on OTCQB under "LRDJF" and on the Frankfurt Stock Exchange under “BVU3”. The Company is focused on creating shareholder value through the discovery and development of economic mineral deposits by acquiring prospective exploration projects with well-delineated geological theories; integrating all available geological, geochemical, and geophysical datasets; and financing efficient exploration programs. The Company currently holds: (i) an option to acquire a 100-per-cent interest in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.'s Queensway North project; and (ii) an option to acquire a 100-per-cent interest in 28 claims, covering 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property; and (iii) an option to acquire up to an 85-per-cent interest in the Florin Gold Project, covering nearly 22,000 contiguous acres in the historical Tintina gold belt in Yukon. For more corporate information please visit: http://stjamesgold.com/ For further information, please contact: George Drazenovic, Chief Executive Officer Tel: 1 (800) 278-2152 Email: [email protected] Forward Looking Statements This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward looking statements in this news release relate to, among other things: completion of the Offering; the timing and size of the Offering; the timing and receipt of approval from the TSXV for the Offering; the expected use of the net proceeds of the Offering and all other statements that are not historical facts, particularly statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance of the Company. Often, but not always, forward-looking statements can be identified through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”. Forward-looking statements contained in this news release are made based on reasonable estimates and assumptions made by management of the Company at the relevant time in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate and reasonable in the circumstances. Forward-looking statements contained in this news release are made as of the date of this news release and the Company will not update any such forward-looking statements as a result of new information or if management’s beliefs, estimates, assumptions or opinions change, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors, many of which are beyond the Company’s control, which could cause actual results, performance, achievements, and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors outlined in the Company’s Annual Information Form dated July 26, 2021 (the “ AIF ”) filed under the Company’s profile on SEDAR at www.sedar.com . The Company cautions that the list of risk factors and uncertainties described in its AIF on SEDAR are not exhaustive and other factors could materially affect its results. New factors emerge from time to time, and it is not possible for the Company to consider all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. 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.... - 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 data center at sanctioned Russian crypto miner Bitriver. Alexander Ryumin\\TASS via Getty Images Countries like Russia could use the crypto ecosystem to sidestep sanctions in several ways, the IMF has said. Russia could use its embargo-hit energy resources to mine bitcoin for hard cash, it suggested in a report. Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside traditional assets, it said. Russia could use the crypto ecosystem to get around Western sanctions in several ways, the International Monetary Fund has suggested — including by using its embargo-hit energy sources to mine bitcoin. In its recent financial stability report , the IMF laid out how sanctioned countries like Russia could use crypto to their benefit, and advised policymakers around the world to consider amending laws to take crypto assets into account. Russia is grappling with crippling sanctions that have cut it off from the global financial system and the dollar after it invaded Ukraine in late February, and European Central Bank chief Christine Lagarde and others have warned crypto is being used to sidestep the measures. "The war in Ukraine has brought to the forefront some of the challenges that regulators face in terms of applying sanctions and capital flow management measures," the IMF said in the report published Tuesday. "The crypto ecosystem, however, could allow users to circumvent such requirements through several means," it added. One way is to use exchanges and other crypto providers that don\'t comply with sanctions, or that don\'t scrupulously carry out due diligence. Using decentralized exchanges or technology such as privacy mixers to make transactions more anonymous is another. Countries should make sure crypto can be brought under the same capital control umbrella as traditional assets, the financial stability watchdog urged. "Laws and regulations for foreign exchange and capital flow management measures should be reviewed and amended if necessary to cover crypto assets, even if they are not classified as financial assets or foreign currency," it said. Story continues Bitcoin mining Cut off from the leading foreign currency, Russia could turn to bitcoin mining to generate hard cash from its unwanted energy exports, the IMF suggested. The US has banned Russian energy imports, and pressure is building on Europe to bring in its own oil embargo. Russia is a major player in the oil, gas and coal markets, but many traders have shunned its energy exports in face of the measures. Over time, sanctioned countries could allocate more resources toward evading sanctions through bitcoin mining, the IMF said, echoing warnings made by some analysts . "Mining for energy-intensive blockchains like bitcoin can allow countries to monetize energy resources, some of which cannot be exported due to sanctions," it said. Proceeds from mining on the blockchain are outside the financial system, and so beyond the reach of sanctions, and that miners can also generate revenue from transaction fees, the IMF noted. But it acknowledged the small shares of mining in sanctioned countries such as Russia and Iran, when factored into the amount of mining revenue overall, mean the flows of money involved are contained. Russian miners accounted for 11% of the average $1.4 billion in revenue from bitcoin mining last year, it calculated. The US Treasury, though, described Russia\'s crypto-mining industry as the third-biggest in the world, as it imposed sanctions on Bitriver on Thursday. It targeted the Russian virtual bitcoin miner and 10 of its subsidiaries in a bid to block avenues of funding the Ukraine war. The war underscores the difficulty regulators face in applying sanctions and measures to manage the flow of capital, according to the IMF. "Crucially, the implementation of such measures requires that intermediaries verify the identities of the transacting parties," it said. It urged policymakers to develop comprehensive global standards for crypto assets and to coordinate their regulatory approach with others around the world. It also recommended "more robust" oversight of fintechs and DeFi platforms. Read the original article on Business Insider', 'Around the world, venture capitalists have collectively invested $30 billion in cryptocurrency or Web 3.0 startups throughout 2021, with institutions like Tesla , Block , and MicroStrategy all incorporating Bitcoin into their balance sheets. These astronomical figures are made all the more impressive considering that Bitcoin, the world’s first cryptocurrency, has only existed since 2008 – and has since accumulated a value of $41,000 per coin, at the time of writing. 2021 represented a boom period for Bitcoin, as decentralized finance and NFTs grew into the ecosystem, presenting fresh opportunities for investors and enterprises alike, but the year also ended with brand new challenges for the asset as global inflation rates hit the pockets of investors hard. (Image: CoinGecko ) As geopolitical tensions in Eastern Europe spilled over, it represented an unprecedented test for the staying power of Bitcoin. Although it’s early days, we can see evidence of Bitcoin trending upwards in the wake of Russia’s invasion of Ukraine – suggesting that the asset is still regarded as a safe haven asset for investors amidst a testing economic landscape. Institutional Interest Ensures Growth Prospects Stay Intact Institutional interest in Bitcoin and the wider cryptocurrency landscape is rife. Besides leading trading platforms like Coinbase, a growing number of institutions are investing in various crypto projects. In the case of software developer MicroStrategy, the company is simply purchasing BTC with the intention of holding it on its balance sheet. Others have developed tools to enable the broader integration of cryptocurrency into the economy. Silvergate Capital, for instance, operates a network that enables the around-the-clock remittance of dollars and euros – a key capability as cryptocurrency markets never close. To facilitate this, Silvergate acquired the stablecoin assets from Diem Association. Elsewhere, financial services company, Block, has been looking at developing applications for everyday use as a digital alternative to fiat currency. Google Cloud also launched its own blockchain division to help customers accommodate the emerging technology. Story continues As more institutions look to develop blockchain and cryptocurrency solutions, it’s highly likely that it will result in considerably better staying power for the likes of Bitcoin and other crypto. In turn, better institutional interest is likely to help to keep cryptocurrencies anchored in spite of their famous levels of extreme volatility. Emerging use cases in the field of blockchain have also paved the way for NFTs and DeFi projects to gain prominence, broadening how cryptocurrencies can influence the world. Bitcoin’s Utility Amidst Geopolitical Tensions Perhaps most significantly of all is how Bitcoin has recently demonstrated that its technology is capable of becoming a mitigating force against factors that can cause economic downturns. To illustrate this, Maxim Manturov, head of investment advice at Freedom Finance Europe, notes how Bitcoin was swiftly made legal tender in Ukraine in the wake of the Russian invasion in February 2022: “Ukraine has legalised cryptocurrency. President of Ukraine Volodymyr Zelenskyy signed the law ‘on virtual assets’ adopted by the Verkhovna Rada of Ukraine on 17 February 2022,” Manturov noted. “The National Commission on Securities and Stock Market (NSSM) and the National Bank of Ukraine will regulate the market of virtual assets. What provision does the adopted law on virtual assets make? Foreign and Ukrainian companies will be able to work officially with crypto-assets, open bank accounts, pay taxes and provide their services to the people.” Significantly, the move also helped Ukraine to set up an avenue to receive humanitarian aid in BTC . Due to Bitcoin’s decentralized nature, the asset may help during national emergencies throughout countries around the world – particularly when economic complications lead to the devaluation of fiat currencies through hyperinflation. The Road to the Mainstream Despite Bitcoin still sitting some 40% adrift from its all-time high from November 2021 today, institutional faith in the cryptocurrency remains. Deloitte figures suggest that 88% of senior executives believe that blockchain technology will eventually achieve mainstream adoption. It’s worth remembering that it wasn’t until recently that Bitcoin’s blockchain framework finally began to achieve the levels of global recognition for its technological framework that it deserved. Since then, we’ve seen the rise of DeFi and NFTs as a taster of what distributed digital ledgers can achieve. Although it’s hard to predict just how the adoption of cryptocurrency will grow , and whether it may take another NFT-style emergence to act as a catalyst for more mainstream applications, the fact that Bitcoin’s technology is playing an active role in aiding economies in the face of an economic crisis shows that there’s enough potential for the asset to not only outlast its expectations but to outperform its benchmarks during downturns. Although there are likely to be more twists ahead before the global economic outlook recovers, Bitcoin is already showing that its use cases can ensure that crypto is very much here to stay in one form or another. This article was originally posted on FX Empire More From FXEMPIRE: Ukraine’s Zelenskiy, Turkey’s Erdogan discuss Mariupol Pope calls for Orthodox Easter truce in Ukraine war Ukrainian refugees dream of home in Orthodox Easter celebrations Romania: Credit-Rating Outlook Hinges on Fiscal Prudence, Deploying EU Funds Amid Slow Growth, High Inflation Search continues as 10 people from missing Japanese boat confirmed dead Spain’s ombudsman to probe alleged cyber sp **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: 2022-04-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $751,400,161,281 - Hash Rate: 239933263.3192961 - Transaction Count: 221992.0 - Unique Addresses: 581643.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: russians buying bitcoin price time sell - getty MPs are turning their attention to Bitcoin as experts warn that Russian oligarchs could be using it to shelter their wealth from Western sanctions. Transactions between Bitcoin and roubles surged by 132pc in the days immediately after the Russian invasion of Ukraine, according to Kaiko, a data group. Rouble-denominated purchases of Bitcoin hit a nine-month high at the end of February and the price of the digital coin has rallied sharply following the invasion. Nigel Kushner, a sanctions lawyer at W Legal, said: "Some might purchase Bitcoin . It's the only option for certain people because no bank in the world, other than a Russian bank, will touch you once you're on the sanctions list.” So should you invest in Bitcoin as Russian buying helps to push the price higher or should you steer clear because of the threat of further sanctions? Will cryptocurrency exchanges face sanctions? Crypto exchanges have hesitated to ban accounts from Russia. Coinbase, a large exchange, stopped short of a blanket Russian ban but blocked accounts from those targeted by sanctions. Binance, a rival firm, told the Reuters news agency it would not "unilaterally freeze millions of innocent users' accounts". Conservative peer Baroness Altmann said Britain should ban exchanges that "still allow Russians or other illicit operators" to transfer funds. Labour MP Angela Eagle said Russians' ability to buy crypto was a "loophole in the sanctions regime" and said the matter needed "urgent attention". What will happen to the price? The price of Bitcoin initially fell on news of the invasion but it recovered quickly and this morning was trading 7pc higher than before the war broke out. Monday saw the sharpest daily increase in the cryptocurrency's value since February last year. However, Ipek Ozkardeskaya of Swissquote, a bank, said the initial optimism had waned. "Bitcoin is giving back the early-week gains as it becomes clearer by the day that it won’t be a safe haven to investors," he said. "Western forces are going after the coin to prevent Russians from going around the sanctions. The price of a coin is headed towards the $40,000 mark." Story continues Craig Erlam of Oanda, a foreign exchange company, said the next few weeks would provide a clearer indication of investors' appetite for Bitcoin in the current circumtances. "It seems crypto may benefit from the tragic events in Ukraine but to what extent is hard to say," he said. "It may well depend on the level of adoption we see over the coming weeks and months." Should you invest? The most popular use of cryptocurrency is as a speculative investment: people buy the coins in the hope they will go up in value or that one day they might be useful as an alternative to traditional currencies. Bitcoin's volatile price has led to sudden peaks in interest. This has caused a surge in professional and amateur speculators. Proponents of Bitcoin argue that it acts as “digital gold” and can buffer investors against rising prices. Like physical gold it is scarce, as only 21 million Bitcoins can ever be created, which means that its value may rise when normal currencies lose their buying power. Bitcoin sceptics say the cryptocurrency has no intrinsic value as few people use it to buy things, it is unproven as a safe haven asset and faces the threat of legal clampdowns that could make it worthless. Owning Bitcoin is not like having money in the bank. There is no Financial Services Compensation Scheme protection, meaning the investment is at risk.... - 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:** ['Key Insights: High-end Hong Kong department store Harvey Nichols takes virtual NFTs in-store with \x91HN NFT vault.\x92 NFT projects on offer include CryptoPunks and Bored Ape Yacht Club. Buyers can buy NFTs with crypto or by credit card. Competition within the NFT space continues to heat up. This month, Coinbase launched its CoinbaseNFT beta, with users able to purchase NFTs with a credit card. Built on the Ethereum ( ETH ) blockchain , the platform offers NFT projects, including Cool Cats and Doodles. With competition on the rise, OpenSea filed for trademark applications this month. The filing may be to support more active participation in Web3. Retail outlets are also exploring NFTs with the launch of their very own NFT marketplaces. Harvey Nichols Hong Kong Launches HN NFT Vault This month, high-end Hong Kong (HK) department store Harvey Nichols (HN) announced the launch of its NFT marketplace HN NFT Vault. Unlike more traditional NFT marketplaces, HN NFT Vault is an in-store concept, with Harvey Nichols showcasing NFTs in a \x93retail concept space.\x94 NFT projects on sale include CryptoPunks, Bored Ape Yacht Club, CloneX x Takashi Murakami, Azuki, and Doodles. Harvey Nichols retailers can purchase the curated NFTs with crypto and credit card. According to the announcement, \x93Through the new space, we aim to make NFTs more accessible to a broader audience by featuring a range of NFTs from some of the most successful projects globally available for in-store exploration and purchase. The collection is curated to cater to both first-time buyers and NFT experts, with prices ranging from HK$5,000 to over HK$1,000,000.\x94 Harvey Nichols added, \x93As part of the new concept, we will also be launching a service allowing NFT owners to showcase and sell their NFTs through the HN NFT vault.\x94 HN HK Follows a Rising Number of Retailers into the NFT Space In December, US retailer Fred Segal entered the NFT space with the launch of Artcade . In partnership with Subnation, Artcade is a video streaming, physical, and digital product, including NFTs, experience. Story continues Other retailers targeting NFTs include Dolce & Gabbana. In collaboration with UNXD, the Dolce & Gabbana launched Collezione Genesi , a \x939-piece, one-of-a-kind collection, personally designed by Domenico Dolce and Stefano Gabbana exclusively for UNXD.\x94 The collection includes both physical and digital works. The collection reportedly sold at auction for 1,885.719 ETH, equivalent to around $6m, at the time of sale. This article was originally posted on FX Empire More From FXEMPIRE: June WTI Oil: Rangebound Between Pair of Retracement Zones Romania: Credit-Rating Outlook Hinges on Fiscal Prudence, Deploying EU Funds Amid Slow Growth, High Inflation Harvey Nichols Goes NFT with Launch of In-store HN NFT Vault Why Bitcoin\x92s Navigation of Recent Global Economic Downturns Shows that Crypto is Here to Stay The Week Ahead \x96 Geopolitics, Economic Data, and Central Banks in Focus Nike and RTFKT Go to the Metaverse with CryptoKicks Sneakers', '• High-end Hong Kong department store Harvey Nichols takes virtual NFTs in-store with ‘HN NFT vault.’\n• NFT projects on offer include CryptoPunks and Bored Ape Yacht Club.\n• Buyers can buy NFTs with crypto or by credit card.\nCompetition within theNFTspace continues to heat up. This month, Coinbaselaunchedits CoinbaseNFT beta, with users able to purchase NFTs with a credit card.\nBuilt on the Ethereum (ETH)blockchain, the platform offers NFT projects, including Cool Cats and Doodles.\nWith competition on the rise, OpenSeafiledfor trademark applications this month. The filing may be to support more active participation in Web3.\nRetail outlets are also exploring NFTs with the launch of their very own NFT marketplaces.\nThis month, high-end Hong Kong (HK) department store Harvey Nichols (HN)announcedthe launch of its NFT marketplace HN NFT Vault.\nUnlike more traditional NFT marketplaces, HN NFT Vault is an in-store concept, with Harvey Nichols showcasing NFTs in a “retail concept space.”\nNFT projects on sale include CryptoPunks, Bored Ape Yacht Club, CloneX x Takashi Murakami, Azuki, and Doodles.\nHarvey Nichols retailers can purchase the curated NFTs withcryptoand credit card.\nAccording to the announcement,\n“Through the new space, we aim to make NFTs more accessible to a broader audience by featuring a range of NFTs from some of the most successful projects globally available for in-store exploration and purchase. The collection is curated to cater to both first-time buyers and NFT experts, with prices ranging from HK$5,000 to over HK$1,000,000.”\nHarvey Nichols added,\n“As part of the new concept, we will also be launching a service allowing NFT owners to showcase and sell their NFTs through the HN NFT vault.”\nIn December, US retailer Fred Segal entered the NFT space with the launch ofArtcade. In partnership with Subnation, Artcade is a video streaming, physical, and digital product, including NFTs, experience.\nOther retailers targeting NFTs include Dolce & Gabbana.\nIn collaboration with UNXD, the Dolce & Gabbana launchedCollezione Genesi, a “9-piece, one-of-a-kind collection, personally designed by Domenico Dolce and Stefano Gabbana exclusively for UNXD.” The collection includes both physical and digital works.\nThe collectionreportedlysold at auction for 1,885.719 ETH, equivalent to around $6m, at the time of sale.\nThisarticlewas originally posted on FX Empire\n• June WTI Oil: Rangebound Between Pair of Retracement Zones\n• Romania: Credit-Rating Outlook Hinges on Fiscal Prudence, Deploying EU Funds Amid Slow Growth, High Inflation\n• Harvey Nichols Goes NFT with Launch of In-store HN NFT Vault\n• Why Bitcoin’s Navigation of Recent Global Economic Downturns Shows that Crypto is Here to Stay\n• The Week Ahead – Geopolitics, Economic Data, and Central Banks in Focus\n• Nike and RTFKT Go to the Metaverse with CryptoKicks Sneakers', '* China stocks, yuan drop as lockdowns spread\n* Dollar powers ahead versus sterling, Aussie, kiwi\n* Euro holds steady after Macron victory\nBy Tom Westbrook\nSINGAPORE, April 25 (Reuters) - Asian stocks fell the most in two weeks on Monday as concern about rapid U.S. rate rises and slowing growth rattled investors, while the euro found support after Emmanuel Macron won a second term as French president.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan slid 1.6% to a six-week low, and a nudge from authorities extended steep losses for the Chinese yuan.\nJapan\'s Nikkei fell 1.9%. Hong Kong\'s Hang Seng fell 3%. S&P 500 futures dropped 0.8% while FTSE futures and European futures were off by more than 1%. Oil fell 2.7%.\nThe euro was broadly steady at $1.0802, compared with broad dollar gains elsewhere, and it touched an almost two-month high against a struggling sterling.\nMacron comfortably saw off a far-right challenge, reassuring markets about France\'s commitment to an integrated Europe, even if his economic platform now depends on parliamentary elections in June.\n"The absence of a change of course will reassure not only the other European Union countries but also the NATO," said Vincent Mortier, chief investment officer of Amundi, Europe\'s largest fund manager.\nThe news was small relief, though, for broader worry about a global backdrop of high inflation and likely rate rises that have been pounding bond markets for months - exacerbated by war in Ukraine and disruption from coronavirus-related lockdowns in China.\nU.S. shares had tumbled at the end of last week after Federal Reserve Chairman Jerome Powell said a 50-basis-point rate hike was on the table at May\'s meeting and St. Louis Fed President James Bullard floated the idea of 75 bp hikes.\n"Concerns around rates and recession are now the biggest risks for investors" with a particular focus on demand, said Candace Browning, head of global research at Bank of America.\n"Spiking food and gasoline prices plus the end of key stimulus programs has investors concerned about the low-income consumer\'s ability to spend."\nThe Treasury market steadied, keeping the benchmark 10-year yield at 2.8581% and the two-year yield off last week\'s highs at 2.6399%.\nYUAN SLIDES\nHarsh restrictions in China have also begun to spread to Beijing, where more than a dozen buildings have been locked down, as concern grows about the economic damage of the shutdown of Shanghai.\nChina\'s blue-chip CSI 300 index fell to its lowest since June 2020 and investors have so far been underwhelmed by policy support for the flagging economy.\nThe middle of China\'s onshore currency trading band was fixed at its lowest level in eight months on Monday, seen as an official nod for the yuan\'s recent slide and it was quickly sold to a one-year low of 6.5225 per dollar.\nThe dollar was also on the march elsewhere though trade was thinned a bit by public holidays in Australia and New Zealand. The Aussie slid 0.8% to a six-week low of $0.7185 and the kiwi fell 0.4% to a two-month low of $0.6603.\nSterling, buffeted by weak retail sales figures last week, slipped 0.3% to an 18-month low of $1.2792.\nBrent crude futures dropped 2.7% to a two-week low of $103.88 a barrel. U.S. crude futures fell 2.6% to $99.38 a barrel.\nCopper and iron ore fell in Asia, though soybean oil jumped after an Indonesian ban on palm oil export.\nThe week ahead is headlined by U.S. growth data due on Thursday, European inflation figures due on Friday and a monetary policy meeting for the Bank of Japan.\nInvestors expect U.S. growth to steady around 1.1%, far slower than the COVID-19 rebound-juiced figures of the recent past, but probably robust enough to bear rate rises.\nThe BOJ meeting will also be closely watched for any adjustments to economic projections or any signs of a policy response to the yen, which has tumbled more than 10% in two months.\nBitcoin held on just above resistance at $40,000.\n(Reporting by Tom Westbrook; Editing by Muralikumar An **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: 2022-04-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $745,069,045,906 - Hash Rate: 227305196.82880685 - Transaction Count: 277417.0 - Unique Addresses: 680074.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: More than 2 million MathWallet users can now connect their mobile app to access the wallet and Arweave-based DApps. Mathwallet Supports Arweave SINGAPORE, March 30, 2022 (GLOBE NEWSWIRE) -- MathWallet now supportsArweaveMainnet. More than 2 millionMathWalletusers now can now connect their mobile app to access the wallet and Arweave-based DApps. As a mobile wallet supporting theArweaveMainnet, MathWallet will provide Arweave users with more convenient transaction methods, ecological project participation and more diverse experiences. Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever - for the very first time. Please visithttps://www.arweave.orgfor more information. MathWalletis the Multichain Wallet for Web3 that enables token storage of 100+ chains including BTC, ETH, Polkadot, Filecoin, Solana, BSC, Cosmos etc. Mathwallet also supports cross-chain token bridges and multi-chain dApp store. Our investors include Fenbushi Capital, Alameda Research, Binance Labs, FundamentalLabs, Multicoin Capital, NGC Ventures, Amber Group, 6Eagle Capital. Please visitmathwallet.orgfor more information on Mathwallet. Media contact: [email protected] Related Images Image 1: Mathwallet Supports ArweaveMathwallet Supports Arweave This content was issued through thepress release distribution service at Newswire.com. Attachment • Mathwallet Supports Arweave... - 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, April 26 (Reuters) - The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the economic impact of China\'s COVID-19 lockdowns and an aggressive pace of U.S. rate hikes sent investors scrambling for safety. China\'s offshore yuan was steadier in early trading, however, at 6.5770 per dollar after the People\'s Bank of China said late on Monday it would cut the amount of foreign exchange banks must hold as reserves. That helped the currency to recover from a year low of 6.609 per dollar on Monday, hurt by fears about China\'s economic growth. The dollar index, which measures the greenback against six main peers, was at 101.58, after jumping 0.58% on Monday and hitting a two-year peak of 101.86. It has gained 3.3% so far this month, which would be its largest month of gains since November 2015. "Further (dollar index) upside remains a good bet. China growth risks are rising as authorities pursue an aggressive COVID campaign, conditions around Ukraine remain volatile and \'Fedspeak\' remains as hawkish as ever," said analysts at Westpac in a note. China\'s financial hub of Shanghai has now been under strict lockdown to fight COVID for around a month, and a Beijing official said late on Monday that a mass-testing campaign there will be expanded from the city\'s most populous district to another 10 districts and one economic development area. Hawkish comments by various policymakers last week also raised the risks of aggressive interest rate policy tightening by global central banks. The most significant of these came from the U.S. Federal Reserve which markets expect to raise rates by a half point at each of its next two meetings. As well as driving investors to the dollar, these fears have caused equity markets to sell off heavily, and U.S. Treasury yields to fall. The euro was at $1.0723 a fraction above the overnight low of $1.0697, its weakest since March 2020, as market nerves trumped any optimism from the re-election of French President Emmanuel Macron. Story continues The pound was at $1.2744, having hit its lowest since September 2020 overnight. U.S. futures market data show that funds have amassed their biggest wager against the pound since October 2019, a bet now worth close to $5 billion. Once the market favourite, the Australian dollar was at $0.7177, and hit a two-month low overnight, suffering particularly because the China lockdowns have weighed on commodity prices. The dollar did fall 0.4% versus the yen, however, to 127.62. The Japanese currency has managed a very slight recovery this week from last week\'s 20-year low of 129.40. Bitcoin was a little firmer at $40,500, and ether was at $3,000. Researchers at crypto liquidity provider B2C2 said crypto market trading was currently correlated closely with equity markets and as there is "no crypto theme so far to override weakness from rates/growth/inflation/war concerns". (Reporting by Alun John; Editing by Kenneth Maxwell)', 'By Alun John\nHONG KONG, April 26 (Reuters) - The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the economic impact of China\'s COVID-19 lockdowns and an aggressive pace of U.S. rate hikes sent investors scrambling for safety.\nChina\'s offshore yuan was steadier in early trading, however, at 6.5770 per dollar after the People\'s Bank of China said late on Monday it would cut the amount of foreign exchange banks must hold as reserves.\nThat helped the currency to recover from a year low of 6.609 per dollar on Monday, hurt by fears about China\'s economic growth.\nThe dollar index, which measures the greenback against six main peers, was at 101.58, after jumping 0.58% on Monday and hitting a two-year peak of 101.86.\nIt has gained 3.3% so far this month, which would be its largest month of gains since November 2015.\n"Further (dollar index) upside remains a good bet. China growth risks are rising as authorities pursue an aggressive COVID campaign, conditions around Ukraine remain volatile and \'Fedspeak\' remains as hawkish as ever," said analysts at Westpac in a note.\nChina\'s financial hub of Shanghai has now been under strict lockdown to fight COVID for around a month, and a Beijing official said late on Monday that a mass-testing campaign there will be expanded from the city\'s most populous district to another 10 districts and one economic development area.\nHawkish comments by various policymakers last week also raised the risks of aggressive interest rate policy tightening by global central banks. The most significant of these came from the U.S. Federal Reserve which markets expect to raise rates by a half point at each of its next two meetings.\nAs well as driving investors to the dollar, these fears have caused equity markets to sell off heavily, and U.S. Treasury yields to fall.\nThe euro was at $1.0723 a fraction above the overnight low of $1.0697, its weakest since March 2020, as market nerves trumped any optimism from the re-election of French President Emmanuel Macron.\nThe pound was at $1.2744, having hit its lowest since September 2020 overnight. U.S. futures market data show that funds have amassed their biggest wager against the pound since October 2019, a bet now worth close to $5 billion.\nOnce the market favourite, the Australian dollar was at $0.7177, and hit a two-month low overnight, suffering particularly because the China lockdowns have weighed on commodity prices.\nThe dollar did fall 0.4% versus the yen, however, to 127.62. The Japanese currency has managed a very slight recovery this week from last week\'s 20-year low of 129.40.\nBitcoin was a little firmer at $40,500, and ether was at $3,000.\nResearchers at crypto liquidity provider B2C2 said crypto market trading was currently correlated closely with equity markets and as there is "no crypto theme so far to override weakness from rates/growth/inflation/war concerns".\n(Reporting by Alun John; Editing by Kenneth Maxwell)', 'By Karen Brettell NEW YORK (Reuters) - The dollar hit a two-year high on Tuesday as concerns about slowing growth in China and expectations the Federal Reserve will aggressively hike rates boosted demand for the greenback. The Japanese yen also rebounded as investors speculated that the Japanese central bank or government may act to stabilise the currency, which last week hit a 20-year low against the dollar. Concerns about Chinese growth have increased with the financial hub of Shanghai having been under strict lockdown to fight COVID-19 for around a month. Beijing overnight also ramped up plans for mass-testing of 20 million people and fuelled worries about a looming lockdown. This is "adding fuel to the fire that is dollar strength," said Erik Nelson, a macro strategist at Wells Fargo in New York. The Wall Street Journal also on Tuesday reported that Chinese President Xi Jinping has told officials that he wants China’s economic growth to outpace the United States\' this year. That may be slower than previously expected. China last month targeted economic growth of around 5.5% this year. "Consensus for U.S. GDP growth this year is just barely above 3%, so that’s a huge, huge downgrade in terms of a growth target," said Nelson. The dollar index against a basket of currencies was last up 0.61% at 102.30, the highest since March 2020. The offshore yuan held just below a 17-month low reached on Monday after China\'s central bank eased banks\' foreign exchange holding requirements in an effort to stem the currency\'s drop. The euro fell 0.63% to $1.0644, the lowest since March 2020. The single currency has been hurt by the economic impact of the war in Ukraine and by expectations the European Central Bank will move more slowly than the Fed in raising interest rates. The euro added to losses after it was reported that Russian gas supplies under the Yamal contract to Poland have been halted. The U.S. central bank is expected to raise rates by 50 basis points when it meets next week, and again in June and July. Fed funds futures traders expect the Fed’s benchmark rate to rise to 2.69% by year-end, from 0.33% today. Story continues The dollar dropped 0.39% against the Japanese yen, on what appeared to be short-covering before the Bank of Japan concludes its two-day meeting on Thursday. "There is a shift in sentiment and some concern in the market that officials are concerned about weakness and may take some measures," said Neil Jones, head of FX sales, Financial Institutions at Mizuho in London. Investors will be watching to see if the BOJ makes any changes to its yield curve control policy. Japanese Prime Minister Fumio Kishida on Tuesday urged the central bank to maintain its ultra-loose monetary policy, brushing aside the idea of using interest rate hikes to prevent further declines in the yen. The British pound dropped 1.20% to $1.2586, the lowest since July 2020. Bitcoin fell 5.48% to $38,226 and ether fell 5.68% to $2,835. ======================================================== Currency bid prices at 3:09PM (1909 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 102.3000 101.7000 +0.61% 6.938% +102.3300 +101.5000 Euro/Dollar $1.0644 $1.0713 -0.63% -6.36% +$1.0738 +$1.0641 Dollar/Yen 127.6050 128.0850 -0.39% +10.93% +128.1950 +127.0400 Euro/Yen 135.83 137.24 -1.03% +4.23% +137.5300 +135.4100 Dollar/Swiss 0.9624 0.9596 +0.30% +5.51% +0.9624 +0.9565 Sterling/Dollar $1.2586 $1.2740 -1.20% -6.92% +$1.2772 +$1.2585 Dollar/Canadian 1.2806 1.2738 +0.55% +1.29% +1.2828 +1.2685 Aussie/Dollar $0.7139 $0.7180 -0.55% -1.77% +$0.7229 +$0.7140 Euro/Swiss 1.0242 1.0276 -0.33% -1.22% +1.0290 +1.0212 Euro/Sterling 0.8455 0.8408 +0.56% +0.65% +0.8459 +0.8394 NZ $0.6575 $0.6622 -0.66% -3.89% +$0.6645 +$0.6578 Dollar/Dollar Dollar/Norway 9.2350 9.1230 +1.23% +4.83% +9.2390 +9.0800 Euro/Norway 9.8320 9.7685 +0.65% -1.81% +9.8458 +9.7433 Dolla **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: 2022-04-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $770,570,265,725 - Hash Rate: 196436589.85205528 - Transaction Count: 273297.0 - Unique Addresses: 689345.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Getty Images) A fake ‘ Amazon ’ website that attempts to scam people out of money under the impression they are investing in Tesla was accidentally promoted on Microsoft’s news website. The news platform displays a range of stories from national media publications in a grid, occasionally punctuated by an advert. This page automatically opens when Microsoft Edge users load a new tab. The page, titled ‘Tesla Opportunity You Don’t Want To Miss’, appears three times (The Independent) The advert, titled “Tesla Opportunity You Don’t Want To Miss” and which can take up to one fifth of the Microsoft News screen, directed users to a website called “Amazon Tutoring”. The website, ‘Amazon Tutoring’, claims high returns on stock investments and encourages a minimum investment of £250, but a small disclaimer at the bottom of the page informs users that it is “intended for promotional literature that uses storytelling to illustrate the scope of the offered services and products. Therefore, the story told in this site is an advertorial or information & function-related advertisement, for better understanding of the proposed idea.” The apparently fraudulent Amazon Tutoring website also states that its company headquarters is on the 85th floor of One World Trade Centre, despite the company not appearing on the list of tenants for the building . Its Facebook page contains no posts and has only 53 likes. Amazon’s official Facebook page, by contrast, has 29 million likes. Similar pages, with the same text, have been spotted on fraudulent copies of the Mirror website, among others . On a separate section of the website, inaccessible from the main homepage, is a blog post that mimics the look of Microsoft’s own MSN Money page in an apparent attempt to seem more reputable to unsuspecting viewers but lacks the “powered by Microsoft News” subheading, has no clickable drop-down menu, and the search box does not work. The post claims that in 2021 Tesla and SpaceX head Elon Musk encouraged Gayle King, the host of CBS’s This Morning, to deposit £250 in an “automated trading algorithm” and that, “within three minutes”, her investment had almost doubled. The blog post uses screenshots from an interview that Mr Musk did conduct with Ms King, but the interview took place in 2018, not 2021, and was about Mr Musk’s Boring Company, rather than investments. On the left, the scam website; on the right, the genuine CBS interview from 2018 (The Independent) From that post, the website encourages users to visit a poorly made website called “Bitcoin Motion” that claims they can “become the next millionaire” and encourages them to sign up for an account and deposit €250. Despite showing profits in Euros, the Internet Corporation for Assigned Names and Numbers (ICAAN) which coordinates domains reveals that the website is registered from Bedfordshire. Story continues Microsoft Advertising policies “strive to provide a safe online environment for our users and our partners” and insists that “ads must be fair and clear; ads cannot be misleading, fraudulent, deceptive” for both fiat and digital currencies. “We have numerous control measures to identify advertisements that do not comply with our policies, and terms of services including the ingestion and blocking of the FCA unauthorised domain lists”, Microsoft said in a statement to The Independent. “We continually work to improve our tools and processes which include both automated and human intervention. We also encourage people to report possible deceptive or fraudulent ads they may be seeing, so we can review and take necessary action”, Microsoft continued. The company did not go into detail about what these measures were nor why such an obvious scam managed to bypass them. Scams mentioning Elon Musk are common and plague many platforms including Microsoft’s. Twitter is constantly banning users who purchase and rebrand blue-tick accounts in an attempt to scam hundreds of thousands of dollars out of unsuspecting people via bitcoin. An investigation by The Independent in 2018 found that more than 400 people sent $180,000 in bitcoin to one address associated with a similar scam, under the impression they would receive a share of a fake $64 million giveaway. Fake adverts on news platforms, aggregators, and social media sites are a problem that has plagued the industry for years. In October, the United States Federal Trade Commission reported that complaints about scams on social media had tripled in 2020, with innocent people losing up to $117 million between January and June alone. The existence of ‘ chumbox ads ’ on news websites, usually found at the bottom of articles and using headlines that can appear like those on legitimate articles, have also made it more difficult for users to tell what is authentic and what is not. Large technology giants, who make hundreds of billions of dollars more than even some of the biggest media organisations, have struggled to properly moderate their platforms even with their vast resources. Scammers have been found to be able to put fake businesses on Google’s and Facebook’s pages “within hours”, according to a 2020 investigation by Which? , and garner up to 100,000 impressions in a single month. View comments... - Reddit Posts (Sample): [['u/daners101', 'One simple fact remains...', 144, '2022-04-26 02:44', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/', "SafeMoon has been through a ton of turbulence. It's overall outlook is still unclear. But there is one silver lining that definitely remains. This crypto stands a good chance at becoming the first of it's kind with global tokenomics; if it can be pulled-off. It was the reason I originally invested in the first place, and remains the core reason I stay. That, and these diamond f\\*\\*king hands lol.\n\nThe entire dev team could be replaced 10 times over; the teams goals and ambitions can change 100 times; that is not what is important to me. I want to hold a crypto with these tokenomics operating on a global scale.\n\nFor me, it is the singular most important and intriguing aspect of the project. The blockchain and exchange are just mechanisms to further that goal. They are not the end game, at least not for me.\n\nImagine if bitcoin had the tokenomics of SafeMoon. Imagine how many more people would buy it. Even just a little bit, to hold and let it grow. THAT is what I am waiting for. People all over the world being able to participate in tokenomics with ease, regardless if they are on such-and-such CEX, or DEX. \nEspecially when the burn stops. Holy cow that's gonna be wild if it makes it that far.\n\nJust my 2 cents. Have a great week everyone. Hope you crush it!", 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/', 'uc054c', [['u/Desperate_Jaguar4628', 29, '2022-04-26 02:58', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/i67frfd/', 'Just wait till you can gain bitcoin, ethereum etc... just for holding on safemoon exchange. Gonna be a huge game changer.', 'uc054c'], ['u/JimmyJamessss2', 20, '2022-04-26 03:02', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/i67g6xj/', 'Yessir! This is my thought process also! First crypto to make a new aspect in the crypto space. It will be the Bitcoin of tokenomics in crypto', 'uc054c'], ['u/Electronic_Anybody29', 31, '2022-04-26 03:03', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/i67gcys/', 'Hope they pull it off. Get the crypto side of safemoon working flawless then go do the damn turbines and crap.', 'uc054c'], ['u/Bbowden1', 10, '2022-04-26 04:06', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/i67p8ex/', 'Glowtoks is going to change the game.... We are going to change the game.... LFG', 'uc054c'], ['u/Readitandlaughed', 17, '2022-04-26 04:16', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/i67qm8p/', 'Safemoon will be used as the gas for all buys and sells. It’ll increase the volume exponentially. Think about bsc and how it’s used.', 'uc054c'], ['u/kemeti', 16, '2022-04-26 04:41', 'https://www.reddit.com/r/SafeMoon/comments/uc054c/one_simple_fact_remains/i67u2rq/', 'I’m down -90% too late to sell now. YOLO', 'uc054c']]], ['u/kekzlyNA', 'I took down temp.exposed', 11, '2022-04-26 03:13', 'https://www.reddit.com/r/kekzly/comments/uc0pl2/i_took_down_tempexposed/', '*- this will be edited through the time -*\n\nAhoy!\n\nIt has been quite a while since TE got down and I think its time to say a thing or two about that. I will be a bit vague about some parts because I don\'t want to get triangulated or say something that might incriminate me. There are two confirmed investigations that I have initiated about some members of the group, so I hope that you understand my position. I don\'t want to ruin it.\n\n**How did I start working on it?**\n\nI\'ve been monitoring the workings of the moderators and developers, as well as the community as a whole for quite some time. At least 3 months I can say. I got to know many things about them and the site itself. The problem was evident, the staff itself was promoting bad behavior from the bad actors. The picture of a woman with her ID was pinned, selected by the staff. It gave me the ammo. But, let\'s move on.\n\n**Bad mod**\n\nThat website as well as their community websites like Discord and Element had a mod "densmol aka RealWifeOwner". He did some series of posts where he would request that the pictures of the unaware wife must be taken so that he can confirm that she is unaware. Basically, it a revenge porn territory, involving cuckoldry. I realized that he had a Discord. Went there, collected the data, and reported the whole thing to Discord. Soon after, everyone in that room got banned. With that, the mod put a smoke over his head.\n\n**Bad website**\n\nIt was evident that the developers were doing this part-time by the way the website operated. Quite awful websocket technology, unable to scale properly. They were using Microsoft technologies to write the code, which did not stop them from creating vulnerabilities. They fucked up the docker configuration and exposed its sub-domain, but that is for another day. Mostly what they have done is already baked and delivered by the framework they were using. Just check: [https://docs.microsoft.com/en-us/aspnet/core/blazor/?view=aspnetcore-6.0](https://docs.microsoft.com/en-us/aspnet/core/blazor/?view=aspnetcore-6.0)\n\nThis is where I have to stop and move along. I have given you the route to make an easy replica of TE, if you have a weekend to spare. Sadly, I was going to roast their website more, but it\'s okay.\n\nOk, one more I promise! iamthedev\'s "cache all" method was pathetic. Clueless about backend engineering.\n\n**Bad hosting?**\n\nIt amazes me, that people believe that if the hosting service is located in Netherlands or Sweden or whatever "privacy guaranteed" company, they will avoid the law. This is beyond absurd to me. Do you read the fine print? "We accept payment with crypto" is what they chase, and it is a classic example of: "You give them a noose, they will hang themselves". Dumbasses :D\n\nThey tried hiding behind the Cloudflare at the end, which achieves DoS protection, not immune to the law. Take a read about "raidforums" which happened recently. If Uncle Sam wants your ass, he will get your ass no matter where in the world are you. Especially in 14 eyes country.\n\nThe reason why I am mentioning this is that I have made an error while speaking to the hosting provider and that I have learned so much about the reports about specific problems / specific websites / general TOS problems. **Learn how to cite their rulebook from the TOS, and create lots of screenshots and videos if you can about the wrongdoings.** Remember, they are hanging themselves, you just need to prove it.\n\n**Discord is down, I repeat, discord is down**\n\nSoon after I reported densmols discord, I went ahead and documented everything and made my case regarding revenge porn and doxing. Guess what? They took it down. With that, their app infrastructure fell the water. They were relying on Discord to verify the user to prevent bots. This actually dismantled the community in the core, because Discord was also a place to communicate and keep the community alive. There was an Element group that was significantly smaller, and I will talk about that as well.\n\nSo, discord is down, but now, the payment for the hosting has to be made, which brings me to my next point.\n\n**Follow the money**\n\nThe payments for the website were done via cryptos. Another thing that amazes me is how stupid these guys actually are. Do you know that addresses can be chased down to the payment processor? The marketplace where you purchased the coins has your data. Reference: [https://www.wired.com/story/feds-seize-billion-stolen-silk-road-bitcoin/](https://www.wired.com/story/feds-seize-billion-stolen-silk-road-bitcoin/)\n\nThis is where I have to be abstract as well. Let\'s say, someone makes a report to FTC and claims that that wallet is used for illegal purposes that you will in great detail explain, what will happen? Give them a noose and they will hang themselves.\n\nIn this case, two transactions made in the US were made that made it possible for the concrete evidence. A user from the group made a \\~200 USD donation to the site in return to get her to "sponsor" the website for some time. Then the TE staff would make a picture of her, where they will say: "Certificate of Donation". The user in question is baseball98.\n\nNow that doesn\'t mean much, but, on that picture, there are coin addresses linked, which is going to be just enough to make an investigation about that as well.\n\n**Element group**\n\nElement group was a backup group for the discord. They had like 700 members there, at the time before the page got deleted.\n\nThe way this product works is that it provides an interface for the Matrix message protocol. It is a service that provides end-to-end encryption between users and groups. Does that mean that you can send illegal things over it? Yes! But let\'s see how are you sending them.\n\nYou are making API requests to MatrixIO servers in order to post a message. The messages cannot be decrypted in the transit, nor from the hard disk, because you need a description key. Something that end users have.\n\nMatrixIO has an abuse policy and there is an email to where you can contact them, but you need what? Evidence! So what I have done is that I have recorded the messages over time, saved them encrypted, and provided my decryption key so that they can verify the messages.\n\nIn one of the last messages that were posted there are images of a woman along with her ID. Captured that, sent it to Matrix... A couple of days later, gone. Maybe they deleted it or the administrator d3p0 did it. That guy had some interest in deploying his own matrix server on his Ubuntu, as he was asking some questions on their official matrix chatroom, but that is for another day.\n\n**TE is down**\n\nSince discord went down, the guy collecting donations from the user also went away. Well, not quite. People lie, but bloc... Based 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 Tuesday, Bitcoin (BTC) fell for the fifth time in seven sessions.\n• Risk aversion from the US equity markets hit the crypto market, with the broader market seeing heavy losses.\n• Bitcoin’s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA.\nOn Tuesday, Bitcoin (BTC) slid by 5.74%. Reversing a 2.46% gain from Monday, Bitcoin ended the day at $38,117.\nA bearish session saw Bitcoin visit sub-$38,000, with a day low of $37,727. It was Bitcoin’s first fall to sub-$38,000 since March 14, 2022.\nBearish sentiment from the US equity markets spilled over the crypto market, with the crypto majors tracking the NASDAQ.\nLUNAtumbled by 8.76%, withADAandXRPsliding by 7.92% and 7.49%, respectively.\nAVAX(-5.77%),BNB(-4.53%),ETH(-6.59%), andSOL(-5.22%) weren’t far behind.\nThe sell-off sawDOGEfall back out of the top 10 with a 12.90% loss.\nThis morning, the Fear & Greed Index stood at 21/100. Despite Bitcoin’s brief return to $42,900 last week, the Index has continued to sit in the “Extreme Fear” zone\nThe Index has remained within the “Extreme Fear” and “Fear” zones since April 07.\nThe “Fear” and “Extreme Fear” zones reflect investor expectations of further price deterioration.\nFor the Bitcoin bulls, the Index will need to move back through to 46/100 to bring April’s high of $47,433 into play. At present, the Index reflects crypto investor sentiment.\nFor the US equity markets, it was a particularly bearish Tuesday session. The NASDAQ 100 tumbled by 3.95%, with the Dow and the S&P500 seeing losses of 2.38% and 2.81%, respectively.\nFor crypto investors looking to break away from Fed policy influence and traditional market forces, the correlation between Bitcoin and the NASDAQ has strengthened.\nCrypto investor sentiment towards Fed monetary policy and fears of a recession has realigned with that of more traditional asset class investors.\nThe correlation between Bitcoin and the NASDAQ strengthened from February to April. The closer correlation coincided with the start of the war in Ukraine and a marked shift in Fed monetary policy.\nAt the time of writing, the NASDAQ 100 mini was down 16 points, while the Dow mini was up 106 points.\nAt the time of writing, Bitcoin was up by 0.01% to $38,121.\nBitcoin will need to move through the day’s $38,880pivotto target the First Major Resistance Level at $40,038. Bitcoin would need broader market support to break out from $39,500.\nIn the event of an extended rally, Bitcoin could test the Second Major Resistance Level at $41,950 and resistance at $42,000. The Third Major Resistance Level sits at $45,023.\nFailure to move through the pivot would bring the First Major Support Level at $36,968 into play. Barring another extended sell-off, Bitcoin should avoid sub-$36,000. The Second Major Support Level sits at $35,818.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $39,943. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also pulled back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a run at $42,000.\nThisarticlewas originally posted on FX Empire\n• How Africa is bearing the brunt of palm oil’s perfect storm\n• Exclusive-Russia sees its oil output falling by up to 17% in 2022 -document\n• Austria says Russian gas still flowing as it scrambles for alternatives\n• China Q1 consumption lags in key coastal provinces; Q2 off to weak start\n• Russia’s GDP decline could hit 12.4% this year, economy ministry document shows\n• Israeli soldiers kill Palestinian in W. Bank clash, militant group says', '• On Tuesday, Bitcoin (BTC) fell for the fifth time in seven sessions.\n• Risk aversion from the US equity markets hit the crypto market, with the broader market seeing heavy losses.\n• Bitcoin’s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA.\nOn Tuesday, Bitcoin (BTC) slid by 5.74%. Reversing a 2.46% gain from Monday, Bitcoin ended the day at $38,117.\nA bearish session saw Bitcoin visit sub-$38,000, with a day low of $37,727. It was Bitcoin’s first fall to sub-$38,000 since March 14, 2022.\nBearish sentiment from the US equity markets spilled over the crypto market, with the crypto majors tracking the NASDAQ.\nLUNAtumbled by 8.76%, withADAandXRPsliding by 7.92% and 7.49%, respectively.\nAVAX(-5.77%),BNB(-4.53%),ETH(-6.59%), andSOL(-5.22%) weren’t far behind.\nThe sell-off sawDOGEfall back out of the top 10 with a 12.90% loss.\nThis morning, the Fear & Greed Index stood at 21/100. Despite Bitcoin’s brief return to $42,900 last week, the Index has continued to sit in the “Extreme Fear” zone\nThe Index has remained within the “Extreme Fear” and “Fear” zones since April 07.\nThe “Fear” and “Extreme Fear” zones reflect investor expectations of further price deterioration.\nFor the Bitcoin bulls, the Index will need to move back through to 46/100 to bring April’s high of $47,433 into play. At present, the Index reflects crypto investor sentiment.\nFor the US equity markets, it was a particularly bearish Tuesday session. The NASDAQ 100 tumbled by 3.95%, with the Dow and the S&P500 seeing losses of 2.38% and 2.81%, respectively.\nFor crypto investors looking to break away from Fed policy influence and traditional market forces, the correlation between Bitcoin and the NASDAQ has strengthened.\nCrypto investor sentiment towards Fed monetary policy and fears of a recession has realigned with that of more traditional asset class investors.\nThe correlation between Bitcoin and the NASDAQ strengthened from February to April. The closer correlation coincided with the start of the war in Ukraine and a marked shift in Fed monetary policy.\nAt the time of writing, the NASDAQ 100 mini was down 16 points, while the Dow mini was up 106 points.\nAt the time of writing, Bitcoin was up by 0.01% to $38,121.\nBitcoin will need to move through the day’s $38,880pivotto target the First Major Resistance Level at $40,038. Bitcoin would need broader market support to break out from $39,500.\nIn the event of an extended rally, Bitcoin could test the Second Major Resistance Level at $41,950 and resistance at $42,000. The Third Major Resistance Level sits at $45,023.\nFailure to move through the pivot would bring the First Major Support Level at $36,968 into play. Barring another extended sell-off, Bitcoin should avoid sub-$36,000. The Second Major Support Level sits at $35,818.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $39,943. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also pulled back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a run at $42,000.\nThisarticlewas originally posted on FX Empire\n• How Africa is bearing the brunt of palm oil’s perfect storm\n• Exclusive-Russia sees its oil output falling by up to 17% in 2022 -document\n• Austria says Russian gas still flowing as it scrambles for alternatives\n• China Q1 consumption lags in key coastal provinces; Q2 off to weak start\n• Russia’s GDP decline could hit 12.4% this year, economy ministry document shows\n• Israeli soldiers kill Palestinian in W. Bank clash, militant group says', 'Key Insights: On Tuesday, Bitcoin (BTC) fell for the fifth time in seven sessions. Risk aversion from the US equity markets hit the crypto market, with the broader market seeing heavy losses. Bitcoin\x92s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA. On Tuesday, Bitcoin ( BTC ) slid by 5.74%. Reversing a 2.46% gain from Monday, Bitcoin ended the day at $38,117. A bearish session saw Bitcoin visit sub-$38,000, with a day low of $37,727. It was Bitcoin\x92s first fall to sub-$38,000 since March 14, 2022. Bearish sentiment from the US equity markets spilled over the crypto market, with the crypto majors tracking the NASDAQ. LUNA tumbled by 8.76%, with ADA and XRP sliding by 7.92% and 7.49%, respectively. AVAX (-5.77%), BNB (-4.53%), ETH (-6.59%), and SOL (-5.22%) weren\x92t far behind. The sell-off saw DOGE fall back out of the top 10 with a 12.90% loss. Bitcoin Fear & Greed Index Hits Reverse This morning, the Fear & Greed Index stood at 21/100. Despite Bitcoin\x92s brief return to $42,900 last week, the Index has continued to sit in the \x93Extreme Fear\x94 zone The Index has remained within the \x93Extreme Fear\x94 and \x93Fear\x94 zones since April 07. The \x93Fear\x94 and \x93Extreme Fear\x94 zones reflect investor expectations of further price deterioration. For the Bitcoin bulls, the Index will need to move back through to 46/100 to bring April\x92s high of $47,433 into play. At present, the Index reflects crypto investor sentiment. Bitcoin Correlation with the NASDAQ 100 Strengthens For the US equity markets, it was a particularly bearish Tuesday session. The NASDAQ 100 tumbled by 3.95%, with the Dow and the S&P500 seeing losses of 2.38% and 2.81%, respectively. For crypto investors looking to break away from Fed policy influence and traditional market forces, the correlation between Bitcoin and the NASDAQ has strengthened. Crypto investor sentiment towards Fed monetary policy and fears of a recession has realigned with that of more traditional asset class investors. The correlation between Bitcoin and the NASDAQ strengthened from February to April. The closer correlation coincided with the start of the war in Ukraine and a marked shift in Fed monetary policy. At the time of writing, the NASDAQ 100 mini was down 16 points, while the Dow mini was up 106 points. Bitcoin Price Action At the time of writing, Bitcoin was up by 0.01% to $38,121. A move through $39,500 would support a return to $42,000. Technical Indicators Bitcoin will need to move through the day\x92s $38 **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: 2022-04-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $731,165,580,094 - Hash Rate: 243130347.4311681 - Transaction Count: 287105.0 - Unique Addresses: 697020.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: On March 30, 6s Capital, a commercial lender powered by MakerDAO, closed a real estate financing deal worth $7.8M for Tesla, the world’s leading electric vehicle company and the second-largest publicly-traded Bitcoin holder. The news comes amid MakerDAO’s push to further embrace real-world assets (RWAs). In March, a Maker governance proposal suggested that the project embrace RWAs by integrating with undercollateralized lending protocols. The move was intended to diversify and bolster both its reserves and collateral, but received some criticism from the community. Maker also integrated with asset financing protocol Centrifuge last year, allowing the platform’s asset originators to borrow DAI against non-crypto collateral, including real estate, mortgages, and invoices. ‘RuneKek’, MakerDAO’s pseudonymous co-founder, shared the news that 6s Capital’s deal with Tesla had been finalized in a March 31 tweet after it was announced on the Maker governance forum the previous day. “A Maker vault was just used to finance a real estate deal with Tesla…RWA szn is coming sooner than you think.” RuneKek, MakerDAO co-founder The $7.8M loan will be used to finance a new repair and collision center for Tesla. The credit line provided to Tesla is expected to increase to $14.2M when a second project from the electric vehicle manufacturer is completed later this year. MakerDAO forum-goer ‘aburban90’ responded to the news, commenting ‘we… closed our first deal with Tesla yesterday? Smells bullish.” 6s Capital was launched in 2020 to facilitate loans via the MakerDAO protocol in response to the poor availability of credit amid the covid pandemic. The firm currently services four firms including Tesla. It also works with automotive firm O’Reilly Auto Parts, food and beverage franchise Wawa, and vehicle repair company Service King, to finance real estate investments. 6s Capital accesses MakerDAO’s vaults as a client of RWA Company. On its website , RWA Co. describes itself as “serv[ing] as a bridge between institutional borrowers and decentralized finance” by specializing in helping its clients to access MakerDAO’s vaults. Story continues RWA’s CEO is Gregory Di Prisco, the former head of business development at the Maker Foundation. The firm says it only works with clients that are “experienced loan originators with a diversified balance” or “asset managers seeking leverage or liquidity against diversified portfolios.” Currently, RWA appears to have just two clients: 6s Capital and Huntingdon Valley Bank . Read the original post on The Defiant... - Reddit Posts (Sample): [['u/Still_Hat6758', 'How can you be sure your coin will survive the bear market?', 66, '2022-04-27 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/', 'After seeing how many coins/tokens rose to top 20 in 2017 only to fall and never rise near their ath ever again, how can you be sure the coin you picked now will be able to survive what ever this market is and when the next bear market comes? Do you just invest in bitcoin and eth until the next halving from now on or do you still explore and find new small cap coins? I’m not sure if I just cut my losses now and play it safe with ETH but risk missing out on gains if the market turns bullish. So far I have 70% ETH 15% ATOM 15% JUNO and you can see how that has gone\n\nThis isn’t a rhetorical question, I’m genuinely interested to see why you guys might think your assets will survive and rise in value again and also drop the name of the coin too ;). Also if you are planning to sell or buy small caps', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/', 'ucpb66', [['u/Lazycryptoguy', 22, '2022-04-27 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6bwjqp/', 'I like to think cro has more to offer than just being a token. The cash back I get from the card is great and the cronos chain seems to host some defi projects with strong a following and concepts\n\nI respect eth and btc, but I’m here to make some money and don’t believe they will 10x as quickly as say cro \n\nWho the heck knows though. Crypto.com\nCould upset some US law makers and game over!', 'ucpb66'], ['u/Trans-on-trans', 20, '2022-04-27 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6bxam0/', "Polkadot being created by the technical mastermind behind Ethereum, yeah... Pretty sure I'm good.", 'ucpb66'], ['u/Old-Independence7275', 12, '2022-04-27 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6bxnl5/', 'Buy BTC and ETH, simple', 'ucpb66'], ['u/Ok-Foot7577', 10, '2022-04-27 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6bxpmm/', 'Anything dealing with interoperability will survive.', 'ucpb66'], ['u/surrender_the_juice', 61, '2022-04-27 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6bzq3n/', 'Buy Bitcoin.', 'ucpb66'], ['u/Old-Independence7275', 10, '2022-04-27 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6c1yur/', "They've spent a good amount in marketing as well, CDC token has a bright future ^i ^hope", 'ucpb66'], ['u/Odysseus_Lannister', 10, '2022-04-27 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6c547w/', 'It’s named ethereum.', 'ucpb66'], ['u/ipetgoat1984', 89, '2022-04-27 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6c6li4/', 'We can’t, there’s no guarantees for anything in life. Every choice is half chance. Also, I love gambling.', 'ucpb66'], ['u/Wasabi_Lube', 14, '2022-04-27 02:28', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6c6q0z/', 'The short answer is you can’t. My investment strategy is more focused on the token use case and long term position in the marketplace rather than trying to make sense of any technical analysis. The market is way too volatile and unpredictable for that. BTC and ETH are the best backbone for a portfolio though.\n\nNot to shill, but a few examples: BAT? Absolutely. VET? You betcha. LRC and MATIC? Oh hell yeah. LINK? Hard to say no.', 'ucpb66'], ['u/Hank___Scorpio', 25, '2022-04-27 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6c6xm3/', 'Was around for 2013/2014 and 2017 crashes. Can confirm. Buy bitcoin.', 'ucpb66'], ['u/Jezzes', 14, '2022-04-27 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6c6yue/', "It's a proven survivalist in the most and the coldest of crypto winters.", 'ucpb66'], ['u/LGNDS_Crypto', 20, '2022-04-27 03:27', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6cevx3/', 'Need to consider market cap vs coin price on this. As even if they had same market cap their prices would still be significantly different. \n\nThat begin said, yes it the market cap difference is staggering. Hopefully CRO makes a run to make up some ground. But it will probably be years if it ever does catch/flip BNB. I’m a big believer in CRO so here’s to the future.', 'ucpb66'], ['u/Blooberino', 10, '2022-04-27 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6cke13/', 'All you can do is make informed choices and hope for the best.', 'ucpb66'], ['u/Bassman5k', 18, '2022-04-27 04:15', 'https://www.reddit.com/r/CryptoCurrency/comments/ucpb66/how_can_you_be_sure_your_coin_will_survive_the/i6clo1l/', "Make sure there's developers and it's a legit project. Hopefully they've been through crypto winter.\n\nLink, dot, atom, near, Sol, Luna, uni all seem to be legit projects to ne", 'ucpb66']]], ['u/rawhahs', 'Is Bitcoin actually stored in the wallet ?', 27, '2022-04-27 01:08', 'https://www.reddit.com/r/BitcoinBeginners/comments/ucpcxb/is_bitcoin_actually_stored_in_the_wallet/', "Hi Guys,\n\nI have been reading up on bitcoin and blockchain and trying to understand how the whole thing works, but I'm confused on a few points. \n\n1 - When receiving a transaction, how does the network know where the wallet is located to send the bitcoin to ? I understand the public key is used as the address, but then there also has to be some network address that this is sent to correct, otherwise how does the network know where this address is located on the physical network ?\n\n2 - Thinking about the above question, i thought maybe there is nothing ever sent to any wallet anywhere, and the bitcoin or transaction is encoded with the public key of the receiver so only they can then spend that amount later on, i.e take ownership of it. Is this correct, or is there something actually in your wallet, which you then use to spend ?\n\nI have a vague understanding that the wallet is just for the purpose of creating and storing the public/private key pair, and no crypto is actually stored in the wallet. Is this correct ?", 'https://www.reddit.com/r/BitcoinBeginners/comments/ucpcxb/is_bitcoin_actually_stored_in_the_wallet/', 'ucpcxb', [['u/AD1AD', 25, '2022-04-27 01:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/ucpcxb/is_bitcoin_actually_stored_in_the_wallet/i6by2fp/', 'The transaction is sent to an address that, if you really want to give it a location, exists "on the blockchain". Really, it doesn\'t exist anywhere though. It\'s just a string of text with built in rules about whether a transaction trying to spend funds associated with that address is valid or not.\n\nSPV wallets just get notified about balances currently at that wallet\'s addresses, so while they do sort of "receive" the transaction, they\'re really just "finding out" about it. (And your wallet has to request it, the transaction information doesn\'t automatically seek out your wallet on the internet.)\n\nBut since the device your wallet is on (your phone, computer, or whatever) is the only place where the private keys that were used to create the public keys are stored, only that device can cryptographically sign transactions that try to spend the funds at those addresses.', 'ucpcxb']]], ['u/TheGreatCryptopo', 'Rainbow Chart Is Now Back In Accumulate Territory.', 107, '2022-04-27 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/ucqels/rainbow_chart_is_now_back_in_accumulate_territory/', "​\n\n[Somewhere](https://preview.redd.it/5wmo9isnoyv81.jpg?width=2082&format=pjpg&auto=webp&s=475714085a821caf8ffd67d43d95a8371b6f7af5)\n\n \n\nThe Rainbow Chart for Bitcoin is pretty much a fun way of looking at long term price movements, disregarding the daily volatility “noise”. The color bands follow a logarithmic regression (introduced by Bitcointalk User trolololo in 2014). Not sure if we've hit the peak at 69420 last year in this halving cycle, but at this cycles half way point we have another 2 years to get into the red band when it will be off load time if you're inclined to follow this chart.\n\nSo, we are now in the accumulation phase. Are you going to hold and accumulate more or think this market is going down lower into blue territory and buy up then? Or Buddah Allah Jesus forbid we go lower into the unseen indigo or violet!!!\n\nFor me, I'm a twice monthly DCA buyer of ETH and BTC and holding for eternity(goal is to live off the yield one fine day in the future). But, if we do shoot into the seriously sell red territory again at an unsustainable breakneck speed, I'll be pretty tempted to follow the chart and sell down a portion of my portfolio to buy back lower.", 'https://www.reddit.com/r/CryptoCurrency/comments/ucqels/rainbow_chart_is_now_back_in_accumulate_territory/', 'ucqels', [['u/AnomanderRake42', 82, '2022-04-27 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/ucqels/rainbow_chart_is_now_back_in_accumulate_territory/i6c3mhc/', ">introduced by Bitcointalk User **trolololo** in 2014\n\nIf that doesn't encapsulate the crypto community's approach to price analysis, I don't know what does.", 'ucqels'], ['u/ipetgoat1984', 10, '2022-04-27 02:12', 'https://www.reddit.com/r/CryptoCurrency/comments/ucqels/rainbow_chart_is_now_back_in_accumulate_territory... Based 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:** ['Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nBitcoin (BTC) miner Argo Blockchain’s (ARBK) raised 2022 hashrate guidance to 5.5 exahash per second (EH/s), an almost 50% increase from previousguidance of 3.7 EH/s, mostly driven by mining rigs that use Intel’s (INTC) new chips.\n“With our mining operations at Helios [the company\'s flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines using Intel’s next-generation Blockscale ASIC chips, Argo is well-positioned to continue its growth with a focus on delivering for our shareholders,” said CEO Peter Wall in astatement. During an earnings conference call, Wall noted that about 33% of the projected hashrate will come from Intel-powered mining rigs.\nOn April 4, Chip giant Intel launched its second-generation bitcoin mining chip, called“Intel Blockscale ASIC,”which will offer miners more efficient mining rigs than most models available in the market. Bitcoin miners Argo Blockchain, Hive Blockchain (HIVE) and Griid Infrastructure as well as giant Block (formerly Square) will be among the first customers to receive the new Intel Blockscale ASIC.\nHaving Intel in the mining rig industry is "incredibly important," Wall said during the company\'s earnings conference call. "It gives the bitcoin mining space more credibility to have a blue-chip company like Intel coming in, but it also will benefit the industry to have a more diverse supply chain and more options for ASICs and also to have chips available as opposed to fully-baked machines," he said. Argo will use a third-party manufacturer to build mining machines using Intel\'s chips.\n"We think our custom mining rig, which is going to use these Intel mining chips, is going to be significantly cheaper on a cost per terahash basis than what\'s currently available off the shelf for the market, and this will allow us to further increase our hash rate and competitive markets," he said.\nThe miner also said the initial 200 megawatt (MW) out of its capacity of up to 800MW for its Helios projectis expected to be operational in May. The additional capital spending to complete this first phase is expected to be in the range of $125 million to $135 million, which will be funded mainly through debt and proceeds from selling a portion of mined bitcoins each month. During the conference call the company official said it is evaluating machine financing options for the debt funding and doesn\'t expect any equity raise this year.\nThe majority of the capital allocated for the first phase\'s infrastructure build and Bitmain machines has already been paid. Most of the rest will be used for Intel\'s mining chips, which Argo has already paid a deposit for, Wall said during the conference call.\nBeyond 2022, Argo expects to grow its hashrate to more than 20 EH/s over the next few years as the additional 600MW capacity at its Helios facility comes online.\nArgo also reported 2021 sales of $100.1 million, which beat the average analyst estimate of $98.3 million, according to FactSet data. Its 2021 net income was $41.5 million, lower than the consensus estimate of $45.3 million.\nShares of the minersurged about 15% in Londonon Thursday before falling back. Its American Depositary Receipts were up about 7%, outperforming its mining peers, while bitcoin has been mostly little changed around $39,000.\nUPDATE (April 28, 13:50 UTC):Adds comments from conference call throughout, hashrate guidance break down in second paragraph.', 'Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nBitcoin (BTC) miner Argo Blockchain’s (ARBK) raised 2022 hashrate guidance to 5.5 exahash per second (EH/s), an almost 50% increase from previousguidance of 3.7 EH/s, mostly driven by mining rigs that use Intel’s (INTC) new chips.\n“With our mining operations at Helios [the company\'s flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines using Intel’s next-generation Blockscale ASIC chips, Argo is well-positioned to continue its growth with a focus on delivering for our shareholders,” said CEO Peter Wall in astatement. During an earnings conference call, Wall noted that about 33% of the projected hashrate will come from Intel-powered mining rigs.\nOn April 4, Chip giant Intel launched its second-generation bitcoin mining chip, called“Intel Blockscale ASIC,”which will offer miners more efficient mining rigs than most models available in the market. Bitcoin miners Argo Blockchain, Hive Blockchain (HIVE) and Griid Infrastructure as well as giant Block (formerly Square) will be among the first customers to receive the new Intel Blockscale ASIC.\nHaving Intel in the mining rig industry is "incredibly important," Wall said during the company\'s earnings conference call. "It gives the bitcoin mining space more credibility to have a blue-chip company like Intel coming in, but it also will benefit the industry to have a more diverse supply chain and more options for ASICs and also to have chips available as opposed to fully-baked machines," he said. Argo will use a third-party manufacturer to build mining machines using Intel\'s chips.\n"We think our custom mining rig, which is going to use these Intel mining chips, is going to be significantly cheaper on a cost per terahash basis than what\'s currently available off the shelf for the market, and this will allow us to further increase our hash rate and competitive markets," he said.\nThe miner also said the initial 200 megawatt (MW) out of its capacity of up to 800MW for its Helios projectis expected to be operational in May. The additional capital spending to complete this first phase is expected to be in the range of $125 million to $135 million, which will be funded mainly through debt and proceeds from selling a portion of mined bitcoins each month. During the conference call the company official said it is evaluating machine financing options for the debt funding and doesn\'t expect any equity raise this year.\nThe majority of the capital allocated for the first phase\'s infrastructure build and Bitmain machines has already been paid. Most of the rest will be used for Intel\'s mining chips, which Argo has already paid a deposit for, Wall said during the conference call.\nBeyond 2022, Argo expects to grow its hashrate to more than 20 EH/s over the next few years as the additional 600MW capacity at its Helios facility comes online.\nArgo also reported 2021 sales of $100.1 million, which beat the average analyst estimate of $98.3 million, according to FactSet data. Its 2021 net income was $41.5 million, lower than the consensus estimate of $45.3 million.\nShares of the minersurged about 15% in Londonon Thursday before falling back. Its American Depositary Receipts were up about 7%, outperforming its mining peers, while bitcoin has been mostly little changed around $39,000.\nUPDATE (April 28, 13:50 UTC):Adds comments from conference call throughout, hashrate guidance break down in second paragraph.', 'Don\'t miss CoinDesk\'s Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) miner Argo Blockchain\x92s (ARBK) raised 2022 hashrate guidance to 5.5 exahash per second (EH/s), an almost 50% increase from previous guidance of 3.7 EH/s , mostly driven by mining rigs that use Intel\x92s (INTC) new chips. \x93With our mining operations at Helios [the company\'s flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines using Intel\x92s next-generation Blockscale ASIC chips, Argo is well-positioned to continue its growth with a focus on delivering for our shareholders,\x94 said CEO Peter Wall in a statement . During an earnings conference call, Wall noted that about 33% of the projected hashrate will come from Intel-powered mining rigs. On April 4, Chip giant Intel launched its second-generation bitcoin mining chip, called \x93Intel Blockscale ASIC,\x94 which will offer miners more efficient mining rigs than most models available in the market. Bitcoin miners Argo Blockchain, Hive Blockchain (HIVE) and Griid Infrastructure as well as giant Block (formerly Square) will be among the first customers to receive the new Intel Blockscale ASIC. Argo\'s 2022 hashrate guidance breakdown (Argo Blockchain) Having Intel in the mining rig industry is "incredibly important," Wall said during the company\'s earnings conference call. "It gives the bitcoin mining space more credibility to have a blue-chip company like Intel coming in, but it also will benefit the industry to have a more diverse supply chain and more options for ASICs and also to have chips available as opposed to fully-baked machines," he said. Argo will use a third-party manufacturer to build mining machines using Intel\'s chips. "We think our custom mining rig, which is going to use these Intel mining chips, is going to be significantly cheaper on a cost per terahash basis than what\'s currently available off the shelf for the market, and this will allow us to further increase our hash rate and competitive markets," he said. Story continues The miner also said the initial 200 megawatt (MW) out of its capacity of up to 800MW for its Helios projectis expected to be operational in May. The additional capital spending to complete this first phase is expected to be in the range of $125 million to $135 million, which will be funded mainly through debt and proceeds from selling a portion of mined bitcoins each month. During the conference call the company official said it is evaluating machine financing options for the debt funding and doesn\'t expect any equity raise this year. The majority 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: 2022-04-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $760,770,450,375 - Hash Rate: 195503620.58301136 - Transaction Count: 275765.0 - Unique Addresses: 697124.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: People walking into an office building Getty Images Stocks logged a broad advance Thursday in the wake of the smallest weekly jobless claims number since John Lennon called it quits with the Beatles. The Labor Department reported just 187,000 initial unemployment claims for the week ended March 19. That was 28,000 less than last week's revised claims report and the lowest such figure since September 1969. SEE MORE The 12 Best Tech Stocks to Buy for 2022 "Before the pandemic, the number was hovering around 220,000, and we saw a complete recovery to these levels in the previous four weeks," says Alex Kuptsikevich, senior market analyst for forex broker FxPro. "The fresh data has marked a move into uncharted territory, indicating a further tightening in the labor market." In other Thursday news, U.S. durable-goods orders for March fell by 2.2%. That was far below expectations for growth of 0.6% and represents the first decline in five months. Nevertheless, various economic readings are "still showing positive momentum overall on an absolute basis with the economy well above pre-pandemic highs," says Peter Essele, head of portfolio management for Commonwealth Financial Network. Semiconductor stocks were at the fore of Thursday's rally, led by Nvidia ( NVDA , +9.8%), which said late Wednesday that it would explore using Intel ( INTC , +6.9%) as a foundry for the manufacture of its chips. Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice. NVDA helped the Nasdaq Composite (+1.9% to 14,191) pace the major indexes, with the S&P 500 (+1.4% to 4,520) and Dow Jones Industrial Average (+1.0% to 34,707) also finishing well in the green. stock chart for 032422 YCharts Other news in the stock market today: The small-cap Russell 2000 gained 1.1% to 2,075. U.S. crude futures fell almost 2.3% to settle at $112.34 per barrel. Gold futures rose 1.3% to end at $1,962.20 an ounce. Bitcoin joined in Thursday's rally, jumping 4.1% to $43,946.42. (Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m.) KB Home ( KBH ) slid 4.6% after the homebuilder reported fiscal first-quarter adjusted earnings of $1.47 per share on $1.40 billion in revenue – lower than the $1.52 per share and $1.49 billion analysts were expecting. Still, the figures were up 44% and 23$, respectively, year-over-year, and CEO Jeffrey Mezger said KBH is well-positioned to hit its full-year financial targets. "KB Home is not seeing a slowdown in demand despite price increases and the recent spike in mortgage rates," says BofA Securities analyst Rafe Jadrosich, who reiterated a Buy rating. He also said KBH's valuation "looks very compelling with shares trading at a 12% discount to our year-end 2022 tangible book value forecast." Freeport-McMoRan ( FCX ) rose 3.3% after Jefferies analyst Christopher LaFemina chimed in on the mining stock. "Freeport is in a strong competitive position in the midst of an earnings upgrade cycle that will take years to play out," LaFemina says. "The company has a clear path to grow its cash flow and capital returns and can create additional shareholder value by developing its unique organic growth pipeline." The analyst has a Buy rating on FCX, adding " the market continues to underappreciate the likely magnitude and duration of the ongoing cyclical upturn in copper." Several other basic materials stocks also traded higher today, including Cleveland-Cliffs ( CLF , +12.0%), U.S. Steel ( X , +6.5%) and Nucor ( NUE , +4.3%). Story continues The Third Year of the Bull Market Yesterday marked the end of the bull market's second year, but investors might be in for a trying year three. SEE MORE 10 Small-Cap ETFs to Buy for Big Upside The post-COVID-19 bull market is the fastest bull market to double, at just under 18 months. However, "as this bull market reaches the third year of life, investors need to remember that year three of bull markets tend to be a little tamer, with the larger gains happening in year one and two," says Ryan Detrick, chief market strategist for LPL Financial. "In fact, out of the 11 bull markets since World War II, we found that three of them ended during year three, while the ones that didn't end saw an average gain of only 5.2%." In other words, at least historically speaking, we can expect some turbulence in the year to come. The good news is that prepared investors can make the most of these challenges. Stocks that stave off sizzling inflation , for instance, or stocks that excel during periods of rising interest rates , afford investors relief from two of the market's biggest present pressures. Meanwhile, a host of exchange-traded funds (ETFs) built to withstand this year's myriad challenges will also serve folks well. Our 22 best ETFs for 2022 include a little something for everyone: all-weather funds, ETFs constructed with inflation and rising interest rates in mind, and funds designed to withstand any additional complexities that could pop up soon enough. SEE MORE Hedge Funds' 25 Top Blue-Chip Stocks to Buy Now You may also like The Lowdown on Living Trusts Your Guide to Roth Conversions Surprising Stocks to Buy for Dividends, Defense and Inflation Protection... - 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:** ['Key Insights: This week, Goldman Sachs issued its first Bitcoin (BTC) backed loan. The collateralized facility includes 24-hours risk management Goldman Sachs continues to push the envelope as it explores the tokenization of financial instruments. Goldman Sachs is taking big strides in becoming a leading bank in the digital asset space. In May 2021, the US investment bank rebooted its cryptocurrency desk in response to improving crypto market conditions. Goldman first established a crypto desk in 2018. This week, Goldman took another big step into the digital asset world. Goldman Sachs Issues Bitcoin-Backed Cash Loan On Thursday, news hit the wires of Goldman Sachs offering its first Bitcoin (BTC) backed loan facility. According to the report, the borrower pledged Bitcoin as collateral in a cash loan. As a first-mover on Wall Street, the bank reportedly found the deal interesting due to its structure and need for 24-hour risk management. The latest link between digital assets and fiat follows last month’s first over-the-counter (OTC) crypto trade with Galaxy Digital. According to the CNBC report, Goldman was “the first major US bank to trade crypto over the counter.” This week, there was also news of Goldman Sachs exploring the tokenization of financial instruments. While Goldman Sachs may be a first-mover among the banking fraternity, crypto-linked financial products are becoming more commonplace. Crypto-Linked Financial Products Are More Mainstream than Ever It is a busy year for cryptos and financial institutions. This week, DeFi protocol Portal partnered with HighCircleX (HCX) to tokenize pre-initial public offering (IPO) company stocks. The partnership addresses the issue of illiquidity by tokenizing pre-IPO stocks. HCX marketplace then supports the trading of the tokenized assets. In April, crypto firm XBTO offered Bitcoin collateralized mortgages in Miami. The product allows Bitcoin holders to avoid capital gains tax and benefit from any upward trend in Bitcoin value. Story continues According to Thursday’s Bloomberg report, the co-president of Galaxy Digital Holdings Damien Vanderwilt recently said, “Lending to companies that provide virtual currencies as collateral is the next step.” With US banking giants Goldman Sachs, JPMorgan , and Citi also bullish about NFTs and metaverse , we expect more bank-linked digital and virtual news to hit the crypto wires in the months ahead. Bitcoin Price Action At the time of writing, Bitcoin was down by 0.10% to $39,715. Bitcoin continues to struggle, with resistance at $40,000 now key. Technical Indicators Bitcoin will need to avoid the day’s $39,678 pivot to target the First Major Resistance Level at $40,461. Bitcoin would need broader market support to a return to $40,000. In the event of an extended rally, Bitcoin could test the Second Major Resistance Level at $41,173 and resistance at $41,500. The Third Major Resistance Level sits at $42,668. A fall through the pivot would bring the First Major Support Level at $38,968 into play. Barring another extended sell-off, Bitcoin should avoid sub-$38,000. The Second Major Support Level at $38,186 should limit the downside. A fall through the pivot would bring support levels into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits on the 50-day EMA, currently at $39,759. This morning, we saw the 50-day EMA narrow to the 100-day EMA, delivering support. The 100-day EMA pulled back from the 200-day EMA, BTC negative. A move through the 100-day EMA at $40,420 would support a run at $42,000. A move through the 100-day EMA is needed to shift sentment. This article was originally posted on FX Empire More From FXEMPIRE: China’s PMI likely to show steeper factory activity decline in April – Reuters poll Gold up, but headed for worst month in seven on U.S. rate hike bets Arm’s path to IPO smoothened after its Chinese venture ousts CEO Ukraine, China in focus for Japan PM Kishida on Southeast Asia visit Russian rockets hit Kyiv as UN chief visits, but besieged Mariupol main target Asia shares brace for worst month in 2 years on growth fears, dollar buoyant', '• This week, Goldman Sachs issued its first Bitcoin (BTC) backed loan.\n• The collateralized facility includes 24-hours risk management\n• Goldman Sachs continues to push the envelope as it explores the tokenization of financial instruments.\nGoldman Sachsis taking big strides in becoming a leading bank in the digital asset space. In May 2021, the US investment bankrebootedits cryptocurrency desk in response to improving crypto market conditions.\nGoldman first established a crypto desk in 2018.\nThis week, Goldman took another big step into the digital asset world.\nOn Thursday,newshit the wires of Goldman Sachs offering its first Bitcoin (BTC) backed loan facility.\nAccording to the report, the borrower pledged Bitcoin as collateral in a cash loan.\nAs a first-mover on Wall Street, the bank reportedly found the deal interesting due to its structure and need for 24-hour risk management.\nThe latest link between digital assets and fiat follows last month’s first over-the-counter (OTC) cryptotradewith Galaxy Digital. According to the CNBC report, Goldman was “the first major US bank to trade crypto over the counter.”\nThis week, there was alsonewsof Goldman Sachs exploring the tokenization of financial instruments.\nWhile Goldman Sachs may be a first-mover among the banking fraternity, crypto-linked financial products are becoming more commonplace.\nIt is a busy year for cryptos and financial institutions.\nThis week,DeFiprotocolPortalpartneredwith HighCircleX (HCX) to tokenize pre-initial public offering (IPO) company stocks. The partnership addresses the issue of illiquidity by tokenizing pre-IPO stocks. HCX marketplace then supports the trading of the tokenized assets.\nIn April, crypto firm XBTOofferedBitcoin collateralized mortgages in Miami. The product allows Bitcoin holders to avoid capital gains tax and benefit from any upward trend in Bitcoin value.\nAccording to Thursday’s Bloomberg report, the co-president of Galaxy Digital Holdings Damien Vanderwilt recently said,\n“Lending to companies that provide virtual currencies as collateral is the next step.”\nWith US banking giants Goldman Sachs,JPMorgan, andCitialso bullish aboutNFTsandmetaverse, we expect more bank-linked digital and virtual news to hit the crypto wires in the months ahead.\nAt the time of writing, Bitcoin was down by 0.10% to $39,715.\nBitcoin will need to avoid the day’s $39,678pivotto target the First Major Resistance Level at $40,461. Bitcoin would need broader market support to a return to $40,000.\nIn the event of an extended rally, Bitcoin could test the Second Major Resistance Level at $41,173 and resistance at $41,500. The Third Major Resistance Level sits at $42,668.\nA fall through the pivot would bring the First Major Support Level at $38,968 into play. Barring another extended sell-off, Bitcoin should avoid sub-$38,000. The Second Major Support Level at $38,186 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits on the 50-day EMA, currently at $39,759. This morning, we saw the 50-day EMA narrow to the 100-day EMA, delivering support. The 100-day EMA pulled back from the 200-day EMA, BTC negative.\nA move through the 100-day EMA at $40,420 would support a run at $42,000.\nThisarticlewas originally posted on FX Empire\n• China’s PMI likely to show steeper factory activity decline in April – Reuters poll\n• Gold up, but headed for worst month in seven on U.S. rate hike bets\n• Arm’s path to IPO smoothened after its Chinese venture ousts CEO\n• Ukraine, China in focus for Japan PM Kishida on Southeast Asia visit\n• Russian rockets hit Kyiv as UN chief visits, but besieged Mariupol main target\n• Asia shares brace for worst month in 2 years on growth fears, dollar buoyant', '• This week, Goldman Sachs issued its first Bitcoin (BTC) backed loan.\n• The collateralized facility includes 24-hours risk management\n• Goldman Sachs continues to push the envelope as it explores the tokenization of financial instruments.\nGoldman Sachsis taking big strides in becoming a leading bank in the digital asset space. In May 2021, the US investment bankrebootedits cryptocurrency desk in response to improving crypto market conditions.\nGoldman first established a crypto desk in 2018.\nThis week, Goldman took another big step into the digital asset world.\nOn Thursday,newshit the wires of Goldman Sachs offering its first Bitcoin (BTC) backed loan facility.\nAccording to the report, the borrower pledged Bitcoin as collateral in a cash loan.\nAs a first-mover on Wall Street, the bank reportedly found the deal interesting due to its structure and need for 24-hour risk management.\nThe latest link between digital assets and fiat follows last month’s first over-the-counter (OTC) cryptotradewith Galaxy Digital. According to the CNBC report, Goldman was “the first major US bank to trade crypto over the counter.”\nThis week, there was alsonewsof Goldman Sachs exploring the tokenization of financial instruments.\nWhile Goldman Sachs may be a first-mover among the banking fraternity, crypto-linked financial products are becoming more commonplace.\nIt is a busy year for cryptos and financial institutions.\nThis week,DeFiprotocolPortalpartneredwith HighCircleX (HCX) to tokenize pre-initial public offering (IPO) company stocks. The partnership addresses the issue of illiquidity by tokenizing pre-IPO stocks. HCX marketplace then supports the trading of the tokenized assets.\nIn April, crypto firm XBTOofferedBitcoin collateralized mortgages in Miami. The product allows Bitcoin holders to avoid capital gains tax and benefit from any upward trend in Bitcoin value.\nAccording to Thursday’s Bloomberg report, the co-president of Galaxy Digital Holdings Damien Vanderwilt recently said,\n“Lending to com **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: 2022-04-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $743,623,863,679 - Hash Rate: 222163205.20796743 - Transaction Count: 286563.0 - Unique Addresses: 729033.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Ethereum(ETH-USD) stands to benefit as large-cap digital assets are favored • Fund manager perceptions about digital assets are shifting along with those of their clients, benefitting ETH • The transition to a proof-of-stake protocol will benefit Ethereum Source: Filippo Ronca Cavalcanti / Shutterstock.com Ethereum(ETH-USD) makes a lot of investment sense right now because of a few prominent factors. It is increasingly attractive to institutional investors, for one. And Ethereum’s transition to a proof-of-stake (PoS) protocol should raise its prices significantly. Although its price has risen, there’s more room to grow, making it worthwhile at the moment. [] Arecent surveyof fund managers conducted by CoinShares has provided some interesting insights. Importantly for Ethereum, it looks like investors are moving back into large market capitalization cryptos — namely, itself andBitcoin(BTC-USD). InvestorPlace - Stock Market News, Stock Advice & Trading Tips • 7 Biotech Stocks to Buy With Key Catalysts for April The two largest cryptos by market cap have valuations of $389 billion and $833 billion, respectively, with Bitcoin being the more valuable of the two. That survey showed both Bitcoin and Ethereum were rated as having the best growth outlooks. Together, they make up roughly 50% of the answers to the question of which digital asset has the most compelling outlook. The only other name on the list that showed a positive trend since the previous survey wasSolana(SOL-USD). In short, retail investors who understand that institutional investors can sway the markets should consider moving into those names. The reasons institutional investors are moving into large-cap crypto assets like Ethereum may be surprising. Those fund managers responded that they are now investing in ETH not just because it’s speculative, but also because it’s seen as a “good value.” In addition, at least 25% of those fund managers surveyed are adding digital assets for the purpose of diversification. That was up from 15% in the last survey. One thing to take from the survey results is that digital assets like Ethereum are evolving. They aren’t as much of a speculative gamble as before. They are becoming a respected part of a diversified and balanced portfolio. And with large-cap assets en vogue, Ethereum sits in a strong position to receive capital. While the overall news is positive, there are some risks. A greater percentage of the fund managers responded that reputational risk prevents them from investing in digital assets. That suggests crypto still has a poor image in the world of high finance. So even though those institutional investors prefer Ethereum to other cryptos now, it still has a bit of a tarnished name. The overall take is positive at present in any case. Plus, it should continue to move upward as Ethereum changes its mining protocol. Once Ethereum fully transfers over to a PoS protocol, its price will rise. Decentralized blockchains lack a central gatekeeper to verify transactions. Blockchain technology relies instead on consensus mechanisms known as proof-of-work (PoW) or proof-of-stake. Ethereum is currently a PoW dominant protocol. That means miners compete to solve complex math problems that use significant amounts of computational power and require lots of electricity. That’s one of the major complaints about cryptocurrency. In fact, Ethereum uses 113 terawatt-hours of electricity per year. That’s equivalent to the electricity usage of theentirety of the Netherlands. Fortunately, Ethereum is slated to transition to PoS sometime in the first half of this year. That should decrease its energy consumption by 99%. That will be a wonderful achievement, but that alone won’t raise the prices of ETH. Fortunately, PoS will allow Ethereum to scale while potentially taking its transaction speed to 100,000 per second. That would be a massive increase in network throughput. Ethereum’s current transaction speeds can be foundhere. The two times I viewed them, the transaction speeds were 10 and 50 transactions per second, respectively. Ethereum has already staged quite a comeback over the past two weeks. But institutional investor sentiment is in its favor and the transition in its mining protocol could take it far higher. On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks.Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing. • Stock Prodigy Who Found NIO at $2… Says Buy THIS • It doesn’t matter if you have $500 in savings or $5 million. Do this now. • 10 Stocks Are Issuing Sell Signals • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The postConsider Ethereum as Signs Point to a Continuing Upswingappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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\'s first stablecoin with treasury reserve swaps to offer stability, liquidity and flexibility for crypto traders.\nxWEOWNS\nDELAWARE CITY, Del., April 29, 2022 (GLOBE NEWSWIRE) -- Imagine a world where crypto traders can use any currency at any time on every blockchain without worrying about fluctuations in value or fees. With a unique auto-deduction charge fee of 10-40% for sellers to control them from dumping tokens, the fee system will be used for treasury reserves as a means of controlling traders, preventing them from dumping their assets in an effort to cause instability in the market and to trade in peace knowing the funds are safe and secure on the xWEOWNS Treasury Reserve Decentralized Platform.\nOffering one of the most innovative solutions for liquidity management, xWEOWNS offers seamless swaps between fiat currencies and cryptocurrencies (USD, EURO,WEOWNS, Bitcoin, Ethereum, and more) through its cross chain protocol that allows simultaneous transactions across two blockchains using smart contracts without requiring an intermediary party or centralized order book manager. With this solution all trades are executed automatically via atomic swaps while ensuring trustless trade execution and transparency thanks to distributed ledger technology underpinning it.\nFixed price xWEOWNS $282 stablecoin to go live on 6th May 2022 on Latoken Exchange. The new xWEOWNS DeFI Platform has a unique \'auto deduction\' charge fee which deducts 10%-40% when traders sell their assets. Utilizing the xWEOWNS stablecoin, traders can invest in cross-chain trading at fixed prices that increase by 30% per quarter. This gives traders who hold their assets longer an advantage over those who are looking for quick profits as well as reducing volatility in the marketplace and thus making trading much safer overall.\nThe treasury reserve system has a holding pool which is more dynamic than Tether or any other stablecoin in the crypto market for users to trade and invest on the xWEOWNS DeFi platform at all times without fear of being dumped from sellers who are looking to control the price value of tokens they hold as an investment strategy against volatility swings in cryptocurrency markets. This new technology will provide a dynamic and secure treasury reserve system that crypto traders can count on.\nStability in the Crypto Market.\nNo more pump & dumps with xWEOWNS. With the introduction of xWEOWNS, crypto traders will be able to trade using a more stable token without having to worry about price volatility as it has been engineered with an underlying treasury reserve system that prevents tokens from being dumped by sellers looking to make quick profits. By leveraging xWEOWNS\' advanced technology which supports trading all major cryptocurrencies simultaneously across multiple exchanges, traders can take advantage of arbitrage opportunities as well as hedging against cryptocurrency volatility risks such as Bitcoin\'s price swings.\nWith xWEOWNS, there is no need for third party services like Tether or any other stablecoin as this platform offers secure and flexible cross-chain treasury reserves at fixed rates which can be withdrawn anytime users want out of their investments on Lachain blockchain or Latoken Exchange while also retaining value stability so they are not impacted by market fluctuations when trying to cash out their holdings back into fiat currency currencies such as USD or EURO which would otherwise happen if these assets were traded on external exchanges outside of xWEOWNS where prices can fluctuate wildly due to market forces outside of its control.\nA New Era of Decentralized Treasury Reserve Trading.\nIntroducing cross chain swaps into xWEOWNS\' ecosystem. This means that crypto traders can access an even wider range of cryptocurrencies without having to worry about fluctuating prices from one exchange site as they are all priced against xWEOWNS with Fixed Token Price, Dynamic Holding Pool, Automatic DeFi Rate Adjustments and more. This gives crypto traders stability, predictability and transparency when it comes to trading their digital assets within this new ecosystem.\n"One thing that many traders struggle with is trying not only reduce their exposure but also try and keep their risks down by reducing those risks through diversification - something which has been difficult given how volatile cryptocurrency markets have been over recent years. We offer both hedging for traders who want their portfolio less volatile as well as automated trading for those who want their assets turned into cash quickly," said Ssemakula Peter Luyima, Weownomy Global CEO/President/Co-Chairman and Principal Founder of xWEOWNS.\nxWEOWNS Treasury Reserve Holding Pool\nThe treasury reserve holding pool can be used by holders as an asset management tool, while also preventing token dumpers from ruining the market through xWEOWNS\'s auto-deduction charge fees system. 30% of all generated fees will be deposited into the treasury reserve holding pool which consists of all the trading fees earned by xWEOWNS (calculated at 10% - 40%).\nPaying it Forward\nA portion of all proceeds from each transaction will be distributed among all xWEOWNS holders. The percentage distribution is 30% (x30) of the total funds received, and will be generated through treasury reserve holding pool on the blockchain network that pays out dividends in xWEOWNS. A built in distribution system will automatically distribute funds between all xWEOWNS holders, with a special emphasis on those who have been holding their tokens for longer periods of time (1 up to 3 years).\n"Earn a share of the xWEOWNS charge fee on every transaction and hold your tokens in treasury reserve holding pool for 30% from 1 upto 3 years," said Ssemakula Peter Luyima.\nxWEOWNS Holders Control the Market.\nWith automatic fee deduction from sellers and an opportunity to earn 30% of the proceeds through treasury reserve holding pool, holders control xWEOWNS token value by voting on market price adjustments.\nSellers can choose between a percentage fee of 10%, 20%, or 40% that will be deducted automatically when they sell their tokens; this is good for both buyers and sellers as it prevents sellers from dumping tokens to generate quick profits and buy back at lower prices later on.\nThe other benefit is that you can earn up to 30% if you hold your coins in our reserve pool by purchasing them back with the proceeds generated through selling fees collected from those who are selling their tokens; this creates a cycle where more people will want to purchase because they know there\'s always someone willing to buy what they\'re selling which means higher demand, which ultimately drives up prices so everyone benefits.\nWeownomyChat: The first fully decentralized and secure app for personal communication\nWeownomy has signed a new strategic partnership with confidential Romania tech company to launch WeownomyChat into a super user owned app (powered by VOBP) that secures and encrypts all your communication.The Romanian Technology Partner will help drive international growth as well as provide an unparalleled security service for all WeownomyChat global users.\nWeownomyChat is a revolutionary new app that enables anyone, anywhere in the world to generate revenue from their content. It\'s also secure and encrypted. The mission of the project is for individuals to take back ownership of their digital identity through self-sovereign identification technologies. This way they can protect themselves from third party intrusions or abuse.\nDeveloped by Romania\'s leading tech company, WeownomyChat, the communication app will provide consumers with an all-in-one encrypted solution for messaging, calls and video chats that is controlled 100% by the user. With every chat connection made on WeownomyChat App, users can generate revenue from their conversations while retaining control over their data.\nThe new partnership will see WeownomyChat launched as a super user owned app (powered by VOBP) on May 27 which guarantees privacy and security for users\' conversations in line with GDPR regulations coming into force starting from May 25 onwards.\n"Using our new partner\'s proprietary technologies, we are building an app that encrypts all messages so you can own your chat data, content and privacy - giving you complete control over who sees what. Participate in the next generation of social media that gives you more control over your data - we don\'t track or sell it! The most innovative monetization model - earn money from both advertisers & users/customers while owning your own content!"said Ssemakula Peter Luyima.\nAbout xWEOWNS\nWeownomy is launching the xWEOWNS fixed $282 stablecoin on Latoken exchange that provides treasury reserve protection against price drops of digital assets while capitalizing on the high volatility that exists today in the crypto currency markets. The development team at Weownomy has designed an automated process for trading cryptocurrencies through an intermediary asset called xWEOWNS which will allow traders to hedge their investments from market volatility.\nAbout Weownomy Platform Corporation\nWeownomy Platform Corporation, Incorporated in the State of Delawarehttps://www.weownomy.globalis launching a subscription-based, open and participatory platform. A new redefined social network that facilitates people\'s participation in the democratic process of defining their own rules for their future, generating an ownership structure where every person has rights to share in the proceeds generated by this new economy and hence true economic equality.\nMedia\nSsemakula Peter [email protected] and CEOWeownomy Platform Corporation\nRelated Images\nImage 1: xWEOWNSxWEOWNS Fixed Stablecoin $282\nThis content was issued through thepress release distribution service at Newswire.com.\nAttachment\n• xWEOWNS', 'Image The world\'s first stablecoin with treasury reserve swap **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: 2022-04-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $734,612,923,688 - Hash Rate: 222163205.20796743 - Transaction Count: 261630.0 - Unique Addresses: 684282.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: AMC(NYSE:AMC) reported stellar earnings on March 1 for the quarter and year ending Dec. 31. As a result, AMC stock looks like it could be of good value. The main reason is that the company started generating positive free cash flow and is no longer burning through its cash pile. Source: Helen89 / Shutterstock.com That will be a great relief for shareholders who have seen AMC stock fall from a recent peak price of $51.69 on Sept. 13. As of March 9, it was down to $15.71 per share, or almost 70% off its peak price. In fact, AMC is actually up off its trough price of $14.72 as of Jan. 27. That means it’s up 6.7% off of its low. The stock could rise even more once the market realizes that AMC Entertainment will keep making positive free cash flow. InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMC’s earnings for Q4 were its strongest quarterly results in two full years. Although it had a net loss of $134 million, this included a raft of non-cash charges and adjustments. As a result, its adjusted net loss was just $57.2 million. But more importantly, AMC reported that its net cash provided by operating activities for the fourth quarter was positive $46.5 million. After deducting capital expenditures of $38.5 million, its actual free cash flow (FCF)was positive $8 million for the quarter. That compares with a cash outflow or negative FCF last year of $375.5 million. In other words, the company has turned around quite dramatically. • 7 Stocks to Buy for Their Connection to the Climate Change Fight And investors should expect that this progress will continue through this year and next, short of a recession. For example, AMC just announced that it had itsthird-highest attended weekendin two years withThe Batmanmovie that was recently released. That will likely boost its Q1 revenue and earnings a good deal, although Q4 had the other two-highest weekends. Analysts now estimate that AMC will produce $4.61 billion in revenue this year, up from $2.53 billion in 2021. The 2023 estimate is for $5.61 billion. As a result, we can assume that its free cash flow (FCF) margin will rise substantially by the end of the year. Simply put, people are going back to the movies and buying food there. That is the most profitable element of AMC’s entertainment experience for movie fans. As a result, let’s assume that AMC will make at least a 10% FCF margin on average for the year. That also implies that the Q4 FCF margin will be substantially higher than — probably more like 15% in Q4. First of all, that implies that FCF will hit $461 million by the end of 2022. And by 2023, we can assume that the FCF margin will likely be at least 15%. That implies that FCF will reach $842 million in 2023. So assuming the market gives the stock a 5% FCF yield by the end of 2022, its market value could rise to $9.22 billion. This is seen by dividing $461 million in FCF by 5%, or alternatively, multiplying it by 20x (since it is the same thing). This $9.22 billion forecast market capitalization is 14.3% higher than its present $8.06 billion market cap. That implies that AMC stock is worth $17.96 or about $18 by the end of 2022. Moreover, assuming AMC generates a 15% FCF margin by the end of 2023, it could bring the target price to $16.84 billion. That is 109% over today’s price. In other words, AMC stock could rise anywhere from 14% to 109% over the next two years assuming its FCF starts to rise dramatically as its sales more than double. That makes it a pretty good bargain for most value investors. On the date of publication, Mark Hake did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. • Get in Now on Tiny $3 ‘Forever Battery’ Stock • It doesn’t matter if you have $500 in savings or $5 million. Do this now. • Stock Prodigy Who Found NIO at $2… Says Buy THIS • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The postAMC Entertainment Has Stopped Burning Cash, Which Should Help AMC Stockappeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/Pandonetho', "Someone wants to rent my warehouse to mine btc. I don't know anything about mining.", 16, '2022-04-30 00:07', 'https://www.reddit.com/r/cryptomining/comments/uewus8/someone_wants_to_rent_my_warehouse_to_mine_btc_i/', "Hello,\nI live in Alberta. My family owns an warehouse (not renovated). Recently my dad told me someone from Toronto asked about renting the space for mining btc.\n\nI just want to be educated on the the subject. I'm not anti crypto (have some btc myself actually) but when it comes to mining I have no knowledge about it.\n\nAre there any potential concerns about an operation like this that I should be aware of? I know the power draw will be huge, and it has no AC, is that something that will pose a problem for them?\n\nThanks for any information.", 'https://www.reddit.com/r/cryptomining/comments/uewus8/someone_wants_to_rent_my_warehouse_to_mine_btc_i/', 'uewus8', [['u/100GbNET', 17, '2022-04-30 00:57', 'https://www.reddit.com/r/cryptomining/comments/uewus8/someone_wants_to_rent_my_warehouse_to_mine_btc_i/i6q40w1/', 'High airflow with no AC is often used for ASIC mining.\n\nMake sure that the electrical is properly installed so that it will not overheat and cause a fire.', 'uewus8'], ['u/strawbs921', 16, '2022-04-30 01:45', 'https://www.reddit.com/r/cryptomining/comments/uewus8/someone_wants_to_rent_my_warehouse_to_mine_btc_i/i6qa6bf/', 'Hello fellow Albertan,\n\nJust a couple things to keep in mind… depending on the size of operation the company wants to run, you will likely need to have a larger service put into the facility. BTC mining units draw a lot of power and for someone to rent a warehouse for an operation, I would assume it’s not just a couple units. Also, does the ware house have its own power supply or is it shared with other warehouses/bays? \n\nAnother thing to consider, are you offering the place as a package deal and covering the utilities? This operation could cost thousands if not tens of thousands to operate per month depending on the size. \n\nThere is going to have to be some sort of HVAC system in place to have continuous air changes for the units because of the mass amount of heat they put off. If you don’t have a proper cooling system in place, these units do not run at their full potential which causes loss of profits. \n\nBe aware that these units make ALOT of noise and if you have neighbouring businesses, they can and likely will complain. Operations have been shut down in this province due to the sound of the units running 24/7, 365. \n\nA filtration system would need to be installed to keep the air quality within the unit as clean as possible. This is a key factor to the mining units life span. \n\nAll of these things to do to code would require permitting, skilled trades and materials to complete this project. If you decide to proceed, make sure it’s worth your time because a lot can go wrong.\n\nAlso, check with your insurance provider to see if they will cover your assets if you were to lease the space for mining crypto.\n\nIf this is on your family farm, just fucking send it.', 'uewus8']]], ['u/famoso2891', 'Should I buy a whole Bitcoin?', 141, '2022-04-30 00:26', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/', 'I’ve finally stacked enough liquid cash to start some serious investing and Bitcoin is on my hit list. The market is down and the timing seems perfect but for some reason I’ve gone chicken shit and can’t pull the trigger. \n\nShould I buy a whole Bitcoin right now or should I wait? Maybe buy half now and see if it goes lower?\n\nPart of me thinks the Ukraine war still has a possibility of escalation and markets are just beginning to see the real turmoil that may come. \n\nWhat are your thoughts?', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/', 'uex7yy', [['u/Powerful-Ad-4292', 25, '2022-04-30 00:33', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q11bd/', "Only if you can see it be slashed in half and not blink. Otherwise, don't do it", 'uex7yy'], ['u/famoso2891', 14, '2022-04-30 00:39', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q1v13/', 'Diamond balls. I’d hodl and wouldn’t break a sweat.', 'uex7yy'], ['u/JTennant83', 21, '2022-04-30 00:40', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q1wfd/', 'DCA, especially when everything is volatile. I think bitcoin will drop then never be that low again (maybe 20k per coin). If so, then use whatever reserves you have left to stack as much as possible', 'uex7yy'], ['u/bluecollarsavant29', 34, '2022-04-30 00:41', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q21zj/', 'I buy at the middle.\n\nI buy at the top.\n\nI buy at the bottom.', 'uex7yy'], ['u/famoso2891', 14, '2022-04-30 00:43', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q29ji/', 'Bitch I’ll Neva stop 🎤🎵', 'uex7yy'], ['u/Ethicles', 15, '2022-04-30 00:47', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q2rqt/', 'I personally would buy one and DCA after that. It really depends on your hold timeline.', 'uex7yy'], ['u/famoso2891', 10, '2022-04-30 00:48', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q2vsn/', 'Id def be on a 5-10 year hold pattern.', 'uex7yy'], ['u/3meterflatty', 15, '2022-04-30 00:57', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q4454/', 'Why are you chicken shit then m8', 'uex7yy'], ['u/bitusher', 122, '2022-04-30 01:27', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6q7sxg/', "**Statistically Lump Sum investing will outperform DCA investing.**\n\nDCA is usually the best advice for those that don't have the capital upfront.\n\nFor investing in any assets = realty, stocks, bitcoin, or gold the best advice is to make a solid plan after doing your research up front, diversify with uncoorelated asset classes that are properly hedged and invest all up front. This is especially true with Bitcoin because no one can predict the price and most appreciation happens on a few days each year that are unexpected so the quicker you own BTC , the quicker you get exposure to this appreciation.\n\nThis being said you should not be investing at all in Bitcoin unless you have paid off all your high interest debt and have at least 3-6 months of fiat in an emergency fund to cover living expenses.\n\nLump sum investing outperformed DCA investing 68% of the time according to a Vanguard study -\n\nhttps://www.fool.com/investing/dollar-cost-averaging-what-investors-need-to-know.aspx\n\n2 reasons -\n\n1) stocks (I suggest an index fund like SPDR ) and BTC have an inherent upwards bias so the sooner you invest the quicker you can accumulate appreciation\n\n2) Inflation drag - fiat uninvested will be slowly losing value due to inflation", 'uex7yy'], ['u/ShiftyDM', 47, '2022-04-30 02:11', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6qde3h/', '>Statistically Lump Sum investing will outperform DCA investing.\n\n\\^ This. If you wait for a dip, you might keep waiting for it to dip lower and miss the dip. Now is usually better than later.\n\nThat said, it seems likely BTC will touch $35k again this year, maybe lower, but is a 10-20% dip from here worth the risk of waiting?', 'uex7yy'], ['u/bitusher', 35, '2022-04-30 02:20', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6qej9b/', 'People spend too much time trying to time the market and this just leads to procrastination instead of execution. None of us knows the perfect time to invest or can predict the price. Rather than trying to time the market , let time work for you.\n\n**Time in the market will tend to beat timing the market**\n\nThis is especially true now that we have been at a very stable price point months into the bear market. DCA investing might work better if you time the bear market (get lucky) perfectly and start DCA as it went from 60-67k all the way down to 39k but very few people will get that lucky. \n\nFrom what I have tested lump sum investing will be even better with bitcoin than with stocks as well. You can do this by randomly taking 10-20 dates(to create a min. sample size) over the last 10 years and comparing what DCA does with lump sum investing and in almost all cases (much more than 68%) lump sum will significantly outperform DCA \n\nhttps://dcabtc.com/\n\nIs a good tool to help do this comparison quickly', 'uex7yy'], ['u/Into-the-Beyond', 24, '2022-04-30 04:39', 'https://www.reddit.com/r/Bitcoin/comments/uex7yy/should_i_buy_a_whole_bitcoin/i6qvphb/', 'After all this ‘tea leaf reading’ about the price in fiat, I can’t help but appreciate the fact that 1 BTC = 1 BTC, and the rest is just noise as long as you have a long enough time preference. You know who has a long time preference? Institutions. They are in the driver’s seat at this point, so enjoy the ride and don’t panic, they don’t want to crash long term, they want to win. Bitcoin is a self-fulfilling prophecy, it is the first of its kind, and the only crypto that I have full faith will exist 100 years from now. In fact, it’s on a short list of things I believe can stand the test of time. The word of the day is ‘durable’. I’ve not known about Bitcoin as long as some people here, but once you know you just know. If you don’t appreciate what Bitcoin is, then you haven’t studied it’s many fascinating aspects enough. The fun thing about Bitcoin is that it doesn’t care if any individual hates it, as long as enough people do believe in it—and run nodes—nothing can stop it from existing. If it can continue to exist, game theory would say it wins. Period. Crap, I sound like Michael Saylor. Anyway, I see it as long-term safe money, that just so happens to be currently selli... Based 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:** ['Key Insights: On Friday, the SEC filed a letter motion to shield internal documents relating to William Human’s 2018 speech. Last month, the SEC notified Judge Sarah Netburn that it planned to oppose the court ruling that the SEC must produce Hinman-related documents. Key technical indicators bearish. XRP sits well below the 50-day EMA. The SEC’s case against Ripple continues to draw attention, with news updates weighing on XRP investor sentiment. Last week, Judge Analisa Torres brought forward the SEC v Ripple calendar to expedite proceedings. The SEC has made several extensions to address one key issue that continues to weaken its case against Ripple. Importantly, the case has been ongoing since December 2020, and, to date, the SEC has yet to have a watertight case against Ripple. SEC Files Motion to Assert Attorney-Client Privilege re Hinman Speech On Friday, the SEC filed a letter motion to renew “its assertion that the attorney-client privilege protects internal documents related to a June 14, 2018 speech (“Speech”) delivered by Bill Hinman, the then Director of the SEC’s Division of Corporation Finance.” The motion goes on to say, “The privilege applies because these documents, in whole or in part, reflect communications between Director Hinman and SEC attorneys requesting and providing legal advice about a matter under the SEC’s purview – when an offer or sale of a particular digital asset constitutes an investment contract and thus a securities offering as defined in the federal securities laws – and, correspondingly, what Director Hinman could say about this matter in the Speech.” Additionally, the SEC “seeks leave to protect, under the deliberative process privilege, two additional comments in Speech drafts that satisfy the requirements of the April order.” #XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed a letter motion asserting the attorney-client privilege in connection with the Hinman speech. pic.twitter.com/nTxlOEFLzF — James K. Filan 🇺🇸🇮🇪90k+ (beware of imposters) (@FilanLaw) April 30, 2022 On April 11, Judge Netburn denied an SEC motion for the courts to reconsider a ruling relating to the Speech following a January 13, 2022 decision. Story continues For the SEC and Ripple, the Hinman Speech could be decisive. In 2018, SEC Director Hinman said that Bitcoin ( BTC ) and Ethereum ( ETH ) are not securities. While the SEC focuses on the 2018 speech and related documents, Hinman is also at the center of another storm relating to the SEC-Ripple case. In April, Empower Oversight forced the SEC to release emails relating to the Ripple case. The emails in question insinuate that Hinman continued to meet with Simpson Thacher, despite warnings from the SEC ethics team. Simpson Thacher is part of a group that promotes Enterprise Ethereum. In December, Empower Oversight filed a lawsuit against the SEC alleging that Hinman said Ethereum wasn’t a security, causing an Ethereum price spike. The comments preceded the SEC’s lawsuit against Ripple Lab, which caused an XRP sell-off. With Hinman a central figure in the case, the judge’s ruling on the letter motion could be a pivotal moment in the case. XRP Price Action At the time of writing, XRP was down 1.38% to $0.5772. A bearish start to the day saw XRP slide to an early morning low of $0.5772. XRP faces the prospect of another daily loss. Technical Indicators XRP will need to move through the $0.5938 pivot to target the First Major Resistance Level at $0.6199. XRP would need broader crypto market support to return to $0.60. In the event of an extended rally, XRP should test the Second Major Resistance Level at $0.6541. The Third Major Resistance Level sits at $0.7145. Failure to move through the pivot would bring the First Major Support Level at $0.5593 into play. Barring an extended sell-off throughout the day, XRP should avoid sub-$0.55. The Second Major Support Level sits at $0.5340. Failure to move through the pivot will leave support levels in play. The EMAs and the 4-hourly candlestick chart (below) send a bearish signal. Following ten days in the red from eleven sessions, XRP sits below the 50-day EMA, currently at $0.6558. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, XRP negative. A move through the 50-day EMA would support a shift in sentiment and a return to $0.70. XRP will need to move through the 50-day EMA to avoid falling to sub-$0.50 near-term. This article was originally posted on FX Empire More From FXEMPIRE: Qantas to break London flight barrier with Airbus jet order -sources South Korea presidential transition committee names top policy aides New Mexico ‘megafire’ could more than double in size – official Ukraine and Russia: What you need to know right now Russia says Ukraine shells its own civilians; some evacuations in Mariupol Amazon ends COVID paid leave for U.S. workers', 'Key Insights: On Friday, the SEC filed a letter motion to shield internal documents relating to William Human’s 2018 speech. Last month, the SEC notified Judge Sarah Netburn that it planned to oppose the court ruling that the SEC must produce Hinman-related documents. Key technical indicators bearish. XRP sits well below the 50-day EMA. The SEC’s case against Ripple continues to draw attention, with news updates weighing on XRP investor sentiment. Last week, Judge Analisa Torres brought forward the SEC v Ripple calendar to expedite proceedings. The SEC has made several extensions to address one key issue that continues to weaken its case against Ripple. Importantly, the case has been ongoing since December 2020, and, to date, the SEC has yet to have a watertight case against Ripple. SEC Files Motion to Assert Attorney-Client Privilege re Hinman Speech On Friday, the SEC filed a letter motion to renew “its assertion that the attorney-client privilege protects internal documents related to a June 14, 2018 speech (“Speech”) delivered by Bill Hinman, the then Director of the SEC’s Division of Corporation Finance.” The motion goes on to say, “The privilege applies because these documents, in whole or in part, reflect communications between Director Hinman and SEC attorneys requesting and providing legal advice about a matter under the SEC’s purview – when an offer or sale of a particular digital asset constitutes an investment contract and thus a securities offering as defined in the federal securities laws – and, correspondingly, what Director Hinman could say about this matter in the Speech.” Additionally, the SEC “seeks leave to protect, under the deliberative process privilege, two additional comments in Speech drafts that satisfy the requirements of the April order.” #XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed a letter motion asserting the attorney-client privilege in connection with the Hinman speech. pic.twitter.com/nTxlOEFLzF — James K. Filan 🇺🇸🇮🇪90k+ (beware of imposters) (@FilanLaw) April 30, 2022 On April 11, Judge Netburn denied an SEC motion for the courts to reconsider a ruling relating to the Speech following a January 13, 2022 decision. Story continues For the SEC and Ripple, the Hinman Speech could be decisive. In 2018, SEC Director Hinman said that Bitcoin ( BTC ) and Ethereum ( ETH ) are not securities. While the SEC focuses on the 2018 speech and related documents, Hinman is also at the center of another storm relating to the SEC-Ripple case. In April, Empower Oversight forced the SEC to release emails relating to the Ripple case. The emails in question insinuate that Hinman continued to meet with Simpson Thacher, despite warnings from the SEC ethics team. Simpson Thacher is part of a group that promotes Enterprise Ethereum. In December, Empower Oversight filed a lawsuit against the SEC alleging that Hinman said Ethereum wasn’t a security, causing an Ethereum price spike. The comments preceded the SEC’s lawsuit against Ripple Lab, which caused an XRP sell-off. With Hinman a central figure in the case, the judge’s ruling on the letter motion could be a pivotal moment in the case. XRP Price Action At the time of writing, XRP was down 1.38% to $0.5772. A bearish start to the day saw XRP slide to an early morning low of $0.5772. XRP faces the prospect of another daily loss. Technical Indicators XRP will need to move through the $0.5938 pivot to target the First Major Resistance Level at $0.6199. XRP would need broader crypto market support to return to $0.60. In the event of an extended rally, XRP should test the Second Major Resistance Level at $0.6541. The Third Major Resistance Level sits at $0.7145. Failure to move through the pivot would bring the First Major Support Level at $0.5593 into play. Barring an extended sell-off throughout the day, XRP should avoid sub-$0.55. The Second Major Support Level sits at $0.5340. Failure to move through the pivot will leave support levels in play. The EMAs and the 4-hourly candlestick chart (below) send a bearish signal. Following ten days in the red from eleven sessions, XRP sits below the 50-day EMA, currently at $0.6558. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, XRP negative. A move through the 50-day EMA would support a shift in sentiment and a return to $0.70. XRP will need to move through the 50-day EMA to avoid falling to sub-$0.50 near-term. This article was originally posted on FX Empire More From FXEMPIRE: Qantas to break London flight barrier with Airbus jet order -sources South Korea presidential transition committee names top policy aides New Mexico ‘megafire’ could more than double in size – official Ukraine and Russia: What you need to know right now Russia says Ukraine shells its own civilians; some evacuations in Mariupol Amazon ends COVID paid leave for U.S. workers', '• Nasdaqstocks have come under pressure this year\n• Incyte(INCY): Thebiopharmaceutical company expects continued revenue growth from its flagship drug Ruxolitini **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: 2022-05-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $725,053,102,988 - Hash Rate: 247341701.7982037 - Transaction Count: 232322.0 - Unique Addresses: 625556.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Billionaire venture capitalist Peter Thiel pulled a $100 bill from his pocket and handed it to a lucky person among a group of eager people in the front row for his keynote Bitcoin 2022 speech. He then compared the U.S. currency to “toilet paper.” That exemplified the kind of potent energy Thursday in the Miami Beach Convention Center during the first official day of what’s touted as the biggest Bitcoin conference in the world. It runs through Saturday and is expected to draw 30,000 people. Upon arrival at the convention center, attendees are greeted at the front doors by the giant Miami Bull , a 3,000-pound futuristic statue modeled after Wall Street’s iconic Charging Bull. Cryptocurrency experts, enthusiasts and investors all circulated in a jubilant manner as they discussed market trends and ways to trade digital currency in Miami, a city that has emerged as a tech hub during the pandemic. With an estimated worth of $5.3 billion, Thiel was clearly the star of the show Thursday. Before starting his venture capital firm Founders Fund, he and a partner started money-exchange platform PayPal. During a 20-minute speech, Thiel, who was born in Germany in 1967 and after a Stanford University education briefly worked as a corporate lawyer before becoming an investor, gave a brief U.S. economic history. He delved into the 1970s, a period during which gold, cash and other investments were of minimal value. He compared gold’s potential then and its reemergence in recent years as a popular form of investment, to Bitcoin’s current status. The audience of several hundred people roared in support. “We are at the end of the fiat money regime,” he declared. “Central bankers should be grateful to Bitcoin, because it’s the last warning they’re going to get that they’ve chosen to ignore, and they will have to pay the consequences for that in the years ahead.” Thiel expressed disdain for crypto “enemies,” such as Berkshire Hathaway CEO Warren Buffett, calling him “a sociopathic grandpa from Omaha” and corporate chieftains like JPMorgan Chase CEO Jamie Dimon . Buffett recently called Bitcoin “rat poison.” He considers Buffett and Dimon’s digital currency aversion to be a “deeply political choice.” Story continues Thiel, who paid $18 million in January 2021 for a 10,000-square-foot mansion on Miami Beach, has recently made waves in Florida’s political circles as an ardent financial supporter of the Republican Party. While he did not speak about his political contributions and Sunshine State fundraising efforts, Thiel boasted about cryptocurrency’s potential to supersede government interference. Many of the conference’s attendees listening to him seemed closer to the Everyman than Thiel in their financial stature. That did not keep them from holding on to his every word. He’s known to have devotees and a mystique about him that was apparent Thursday. Thiel’s comments deriding potential regulation were timely given renewed talk in Congress to place guardrails around the trading of crypto like the popular 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:** ['• Wikimedia, behind Wikipedia, officially announces it will no longer accept crypto donations on environmental grounds.\n• 71.17% of fewer than 400 users voted in favor of ending crypto donations.\n• Technical indicators are bearish, with BTC below the 50-day EMA.\nBitcoin (BTC) mining has been the hot topic of 2022. The China ban on Bitcoin mining has led to a sharp increase in government and regulatory scrutiny over the impact of proof-of-work mining on the environment.\nConcerns over crypto mining have led to calls for a ban on Proof-of-Work mining by lawmakers in theEUand theUS.\nCorporations have also responded to demands for a move away from Proof-of-Work cryptos.\nOver the weekend, Wikimedia, the non-profit organization behind Wikipedia,announcedan end to accepting crypto donations.\nThe decision comes in response to Requests for comment/Stop accepting cryptocurrency donations.\nAccording to Wikimedia,\n“A little under 400 users participated in the voting and discussion concerning the proposition that the Wikimedia Foundation stop accepting cryptocurrency donations.”\nThe request for comment was open from January 10, 2022, to April 12, 2022.\nWikimedia noted that arguments in favor of a ban included,\n“Issues of environmental sustainability, that accepting cryptocurrencies constitutes implicit endorsement of the issues surrounding cryptocurrencies, and community issues with the risk of the movement’s reputation for accepting cryptocurrencies.”\nCommon arguments in opposition to a ban included,\n“The existence of less energy-intensive cryptocurrencies (proof-of-stake), that cryptocurrencies provide safer ways to donate and engage in finance for people in oppressive countries, and that fiat currencies also have issues with environmental sustainability.”\nA total of 232 users, accounting for 71.17% of the total vote, voted in support of the proposal.\nThe decision followsnewsof the Mozilla Foundation ceasing to accept Proof-of-Work crypto donations.\nIn response to a backlash over Mozilla’s position on cryptos, Mozillaupdatedits policy on Crypto donations.\nIn April, Mozilla took toTwitter, sharing its updated policy.\nAccording to the revised policy on crypto donations,\n• Mozilla will no longer accept ‘proof-of-work’ cryptocurrencies, which are more energy-intensive.\n• Mozilla will accept ‘proof-of-stake’ cryptocurrencies, which are less energy-intensive, and will develop and share a list of cryptocurrencies we accept by the end of Q2 2022.\nAt the time of writing, Bitcoin was up 0.29% to $38,592.\nBitcoin will need to avoid the day’s $38,205pivotto target the First Major Resistance Level at $38,944. Bitcoin would need broader market support to break out from the morning high of $38,813.\nIn the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $39,407 and resistance at $40,000. The Third Major Resistance Level sits at $40,616.\nA fall through the pivot would bring the First Major Support Level at $37,736 into play. Barring an extended sell-off, Bitcoin should avoid sub-$36,500. The Second Major Support Level at $36,997 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $39,058. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a return to $40,000.\nThisarticlewas originally posted on FX Empire\n• Volkswagen to rely on Qualcomm chips for automated driving – Handelsblatt\n• MGM Resorts offers to buy Sweden’s LeoVegas for $607 million\n• Solomon Islands to supervise Chinese police operating there -official\n• French greens, far-left leader Melenchon strike deal ahead of legislative election\n• German retail sales unexpectedly fall in March\n• Ukraine may lose tens of millions of tonnes of grain – Zelenskiy', "Key Insights: Wikimedia, behind Wikipedia, officially announces it will no longer accept crypto donations on environmental grounds. 71.17% of fewer than 400 users voted in favor of ending crypto donations. Technical indicators are bearish, with BTC below the 50-day EMA. Bitcoin ( BTC ) mining has been the hot topic of 2022. The China ban on Bitcoin mining has led to a sharp increase in government and regulatory scrutiny over the impact of proof-of-work mining on the environment. Concerns over crypto mining have led to calls for a ban on Proof-of-Work mining by lawmakers in the EU and the US . Corporations have also responded to demands for a move away from Proof-of-Work cryptos. Wikimedia Announces an End to Accepting Crypto Donations Over the weekend, Wikimedia, the non-profit organization behind Wikipedia, announced an end to accepting crypto donations. The decision comes in response to Requests for comment/Stop accepting cryptocurrency donations. According to Wikimedia, \x93A little under 400 users participated in the voting and discussion concerning the proposition that the Wikimedia Foundation stop accepting cryptocurrency donations.\x94 The request for comment was open from January 10, 2022, to April 12, 2022. Wikimedia noted that arguments in favor of a ban included, \x93Issues of environmental sustainability, that accepting cryptocurrencies constitutes implicit endorsement of the issues surrounding cryptocurrencies, and community issues with the risk of the movement\x92s reputation for accepting cryptocurrencies.\x94 Common arguments in opposition to a ban included, \x93The existence of less energy-intensive cryptocurrencies (proof-of-stake), that cryptocurrencies provide safer ways to donate and engage in finance for people in oppressive countries, and that fiat currencies also have issues with environmental sustainability.\x94 A total of 232 users, accounting for 71.17% of the total vote, voted in support of the proposal. The decision follows news of the Mozilla Foundation ceasing to accept Proof-of-Work crypto donations. Story continues In response to a backlash over Mozilla\x92s position on cryptos, Mozilla updated its policy on Crypto donations. In April, Mozilla took to Twitter , sharing its updated policy. An update to our policy on accepting cryptocurrency donations. We got it wrong, we heard you, and we've evolved. https://t.co/0bSThVJsCC \x97 Mozilla (@mozilla) April 7, 2022 According to the revised policy on crypto donations, Mozilla will no longer accept \x91proof-of-work\x92 cryptocurrencies, which are more energy-intensive. Mozilla will accept \x91proof-of-stake\x92 cryptocurrencies, which are less energy-intensive, and will develop and share a list of cryptocurrencies we accept by the end of Q2 2022. Bitcoin Price Action At the time of writing, Bitcoin was up 0.29% to $38,592. Volatility will likely pickup as the markets begin considering FED monetary policy. Technical Indicators Bitcoin will need to avoid the day\x92s $38,205 pivot to target the First Major Resistance Level at $38,944. Bitcoin would need broader market support to break out from the morning high of $38,813. In the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $39,407 and resistance at $40,000. The Third Major Resistance Level sits at $40,616. A fall through the pivot would bring the First Major Support Level at $37,736 into play. Barring an extended sell-off, Bitcoin should avoid sub-$36,500. The Second Major Support Level at $36,997 should limit the downside. A fall through the pivot would bring sub-$38,000 into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $39,058. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, BTC negative. A move through the 50-day EMA would support a return to $40,000. A move through the 50-day EMA would support a return to $40,000. This article was originally posted on FX Empire More From FXEMPIRE: Volkswagen to rely on Qualcomm chips for automated driving \x96 Handelsblatt MGM Resorts offers to buy Sweden\x92s LeoVegas for $607 million Solomon Islands to supervise Chinese police operating there -official French greens, far-left leader Melenchon strike deal ahead of legislative election German retail sales unexpectedly fall in March Ukraine may lose tens of millions of tonnes of grain \x96 Zelenskiy", 'Solana suffered another outage on Sunday Asia time, after the network lost consensus due to bots flooding the non-fungible token (NFT) minting tool \x93Candy Machine,\x94 spamming more than four million transactions per second. See related article: Solana DeFi avoids meltdown as Wormhole loss replaced Fast facts The network was down for about seven hours before being rebooted at roughly 11 a.m. HKT thanks to developers sharing cluster restart instructions via Twitter . Solana is still investigating why the network was unable to recover from the surge in transactions. Developers announced they would soon deploy a botting penalty on the Candy Machine program to enhance network stability. Solana has suffered a string of distributed denial-of-service (DDoS) attacks in recent months, causing network-wide slowdowns . Attacks like these have drawn criticism of the network\x92s consensus mechanism and low transaction fees that lower the cost of such attacks when compared to that of Bitcoin or Ethereum. Solana\x92s price dropped sharply following the announcement of the system outage to its lowest price since late March but has since partially recovered to trade at US$89.94 at press time . See related article: What is the Solana ecosystem and how is it fueling SOL\x92s stratospheric rise?', 'Solana suffered another outage on Sunday Asia time, after the network lost consensus due to bots flooding the non-fungible token (NFT) minting tool “Candy Machine,” spamming more than four million transactions per second.\nSee rela **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: 2022-05-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $733,761,206,753 - Hash Rate: 236974085.5551653 - Transaction Count: 272206.0 - Unique Addresses: 687096.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin( BTC ) price has reached its highest price in 10 days, continuing its recovery from last week's five-week low. As of press time the largest cryptocurrency was up 1.1% in the past 24 hours to $41,498, putting more breathing room between the price and last week's trading level, which was mostly below $40,000. U.S. Federal Reserve Chair Jerome Powell said Thursday that raising the benchmark U.S. interest rate by 50 basis points (0.5 percentage point) “will be on the table” for the next Federal Open Markets Committee (FOMC) meeting in May in remarks at the International Monetary Fund debate. It was widely expected that there will be a 50 basis point rate hike in May or June to combat inflation. "Bitcoin price action has continued to whipsaw between a wider range of $38 - $47,000 which has thus far remained intact since the beginning of the year,” said Tammy Da Costa, analyst at DailyFX , “Due to the high correlation recently seen between bitcoin and tech stocks, there was a degree of concern about how crypto would react. However, bulls held ground above short-term support at the $40,000 level which now brings the psychological level of $44,000 into play.” The Crypto Fear and Greed Index is at the “Fear” level at the moment. “Retail interest in the crypto market is waning as Google searches for bitcoin have plummeted to lows not seen in over a year” wrote Marcus Sotiriou, analyst at the UK based digital asset broker GlobalBlock in a newsletter, “Historically, a significantly low interest from retail has created profitable buying opportunities.” “Despite retail being fearful and uninterested,” wrote Sotiriou, “institutional adoption continues." Germany's Commerzbank (CBK) applied for a crypto license earlier this year. This is the first major bank in Germany to move towards crypto adoption. Ether ( ETH ) grew 1.14% in the past 24 hours, trading just above $3,100. U.S. stocks were down today, with the S&P 500 down 0.09% and the Nasdaq down 0.35%.... - 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:** ["Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Utah-based movie studio Angel Studios added $10.6 million in bitcoin ( BTC ) to its treasury through a stock sale in October, according to Securities and Exchange Commission filings. “\u200b\u200bOn October 18, 2021, the Company sold 1,685,392 shares of its Class A common stock at the average price of $9.28 per share. The Company received $4,999,993 in cash, and the equivalent value of $10,649,895 in bitcoin for the shares,” one of the documents said. A source familiar with the matter said venture capital funds Uncorrelated Ventures and Gigafund participated in the indie studio’s Oct. 18 sale. The source confirmed that Angel Studios sold equity for bitcoin but would not say who paid in the crypto. Angel Studios and Gigafund did not respond by press time. Uncorrelated Ventures declined to comment. Notable companies from MicroStrategy (MSTR) to Tesla (TSLA) have bitcoin on their balance sheets, but few U.S. corporations are known to have acquired it through a bitcoin-denominated share sale. Twitter account MacroScope noted that Angel Studios is backed by Gigafund, a venture capital firm aligned with Elon Musk through its founder “PayPal Mafia” member Luke Nosek and its investment in Musk companies. Angel Studios reported a $2.7 million impairment loss on its bitcoin at the end of 2021.", "Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nUtah-based movie studio Angel Studios added $10.6 million in bitcoin (BTC) to its treasury through a stock sale in October, according toSecurities and Exchange Commissionfilings.\n• “\u200b\u200bOn October 18, 2021, the Company sold 1,685,392 shares of its Class A common stock at the average price of $9.28 per share. The Company received $4,999,993 in cash, and the equivalent value of $10,649,895 in bitcoin for the shares,” one of the documents said.\n• A source familiar with the matter said venture capital funds Uncorrelated Ventures and Gigafund participated in the indie studio’s Oct. 18 sale. The source confirmed that Angel Studios sold equity for bitcoin but would not say who paid in the crypto.\n• Angel Studios and Gigafund did not respond by press time. Uncorrelated Ventures declined to comment.\n• Notable companies from MicroStrategy (MSTR) to Tesla (TSLA) have bitcoin on their balance sheets, but few U.S. corporations are known to have acquired it through a bitcoin-denominated share sale.\n• Twitter account MacroScopenotedthat Angel Studios is backed by Gigafund, a venture capital firm aligned with Elon Musk through its founder “PayPal Mafia” member Luke Nosek and its investment in Musk companies.\n• Angel Studios reported a $2.7 million impairment loss on its bitcoin at the end of 2021.", "Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nUtah-based movie studio Angel Studios added $10.6 million in bitcoin (BTC) to its treasury through a stock sale in October, according toSecurities and Exchange Commissionfilings.\n• “\u200b\u200bOn October 18, 2021, the Company sold 1,685,392 shares of its Class A common stock at the average price of $9.28 per share. The Company received $4,999,993 in cash, and the equivalent value of $10,649,895 in bitcoin for the shares,” one of the documents said.\n• A source familiar with the matter said venture capital funds Uncorrelated Ventures and Gigafund participated in the indie studio’s Oct. 18 sale. The source confirmed that Angel Studios sold equity for bitcoin but would not say who paid in the crypto.\n• Angel Studios and Gigafund did not respond by press time. Uncorrelated Ventures declined to comment.\n• Notable companies from MicroStrategy (MSTR) to Tesla (TSLA) have bitcoin on their balance sheets, but few U.S. corporations are known to have acquired it through a bitcoin-denominated share sale.\n• Twitter account MacroScopenotedthat Angel Studios is backed by Gigafund, a venture capital firm aligned with Elon Musk through its founder “PayPal Mafia” member Luke Nosek and its investment in Musk companies.\n• Angel Studios reported a $2.7 million impairment loss on its bitcoin at the end of 2021.", "Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty Welcome to this week’s edition of Confider , The Daily Beast’s media newsletter. Subscribe here to get it in your inbox every Monday. Send questions, tips, and complaints here . CBS 3D CHESS MOVES CBS News can thank Brian Williams for Evening News anchor Norah O’Donnell re-upping with the network at a slightly lower salary. According to multiple people familiar with the situation, CBS earlier this year floated to the press that Williams, fresh off his MSNBC exit, had turned down offers from CBS co-president Neeraj Khemlani to replace O’Donnell on the network’s nightly flagship. The trial-ballooned story was meant to force O’Donnell—who has struggled to get her show out of third place and has long been rumored to be on the chopping block—to take a pay cut in order to stay on board. O’Donnell’s agent, UTA boss Jay Sures , countered that chess move by approaching former CBS exec Chris Licht to pitch O’Donnell for a CNN gig, two people familiar with the matter told us, but was rebuffed because the incoming CNN president could not negotiate before his start date. Nevertheless, sources told Confider, Sures then pitched a trade publication on a story about O’Donnell being in talks with CNN. That story never ran, depriving O’Donnell of much-needed leverage in her talks with CBS. She ultimately signed a new contract to stick with CBS for a lower rate, according to the people familiar with the situation. CBS co-prez Khemlani wrote in a statement: “This is wrong. I never met with Brian Williams about the Evening News . Period.” A rep for UTA declined to comment. DISNEY FLACK FLAP Disney broke out the tried-and-tested spin playbook and took a Friday night news dump by announcing the departure of comms chief Geoff Morrell in a hastily prepared statement. Morrell, who sources said failed to make friends in Hollywood or much of an impression on his colleagues in Burbank, only joined the Mouse House in January, taking the reins from the “ acid-tongued ” Zenia Mucha . Morrell allegedly ran roughshod over people both internally and externally and was economical with the truth with several reporters, according to five people who dealt with him over his four-month tenure. The former BP spin doctor managed to create his own Deepwater Horizon with his clunky handling of Disney’s response to Florida “Don’t Say Gay” bill, leaving CEO Bob Chapek looking like Goofy. Morrell had tried to centralize Disney's communications division with a re-org but ultimately fell on his sword leaving what was once one of the most-desired flack gigs in the country. A spox for Disney declined to comment. Story continues CRAZY LIKE A FOX The Fox News defense strategy for its upcoming defamation trial with Dominion Voting Systems appears to revolve around embracing election denialism, according to documents provided to Confider. Jackson Walker, the cable giant’s law firm on the case, filed open records requests for state election officials to provide documents related to Dominion. Liberal watchdog Media Matters is set to publish a story this week on those documents they obtained, which they shared with us. In its $1.6 billion suit against Fox , the voting software company cited unfounded claims made on-air by numerous Fox News hosts and pundits accusing the firm of rigging the 2020 election for President Joe Biden , including baseless allegations that Dominion paid “kickbacks” to election officials to use its machines. Jackson Walker filed public record requests in at least nine states, seeking “documents and communications related to campaign contributions, financial contributions or other things of value” between Dominion and election offices. Additionally, Jackson Walker has asked for “documents and communications related to testing, analysis, certification, decertification or refusal to certify, accept or utilize equipment and/or software provided, maintained or supported by Dominion” and “documents and communications related to any criticisms of, or concerns about, the use of” Dominion’s equipment. This apparent attempt to validate the Dominion conspiracy theories comes after Fox publicly distanced itself from the election lies it once aired, even publicly feuding with top advertiser MyPillow guy Mike Lindell over his promotion of that same disinformation. Fox News lost its bid to dismiss Dominion’s suit late last year, and a jury trial is now set for April 2023 . “This is, I think, the first real picture we get into where Fox is at strategically, and it doesn't feel like they're in a particularly strong place,” Media Matters boss Angelo Carusone told Confider, noting that depositions will likely start in the coming weeks. Fox News did not respond to a request for comment. Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty PLAGIARISM AT THE PEACOCK On Monday afternoon, NBC News published a cryptic note to readers saying the outlet discovered 11 articles from a single reporter over the past year that contained plagiarized content. “In all cases, the passages were not central to the stories, but instead contained supplemental or background material that did not represent original reporting,” the network added, further noting that editor’s notes had been placed atop all of the offending articles. Interestingly, NBC wrote that the public note was written in the interest of “Maintaining the trust of our readers and viewers,” but did not specifically identify the reporter in question. NBC later added links to the offending stories but, prior to that, an NBC spokesperson confirmed to Confider that the journali **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: 2022-05-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $728,413,011,610 - Hash Rate: 222163205.20796743 - Transaction Count: 277895.0 - Unique Addresses: 692327.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Applecofounder Steve Wozniak is a big proponent of bitcoin, but is wary of other cryptocurrencies and related non-fungible tokens. During a recentinterviewwith Business Insider, Wozniak said Bitcoin is the “only [cryptocurrency] that’s pure-gold mathematics,” praising the underlying technology and calculations that underpin the best-known cryptocurrency. Wozniak has always been a proponent of cutting-edge technology, having helped usher the era of personal computing alongside the late Steve Jobs. Indeed, last summer, Wozniakpraisedthe technical merits of Bitcoin during a tech conference, describing it as "the most amazing mathematical miracle." However,Wozniakremarked during the Insider interview that there could be many “ripoffs” among the deluge of new crypto projects and NFTs, whose overseers may be unscrupulous people. “There's so many cryptocurrencies that come out now; everybody has a way to create a new one, and you have a celebrity star with it,” Wozniak said. “It seems like they're just collecting a bunch of money from people who want to invest at the very earliest stage, when it's worth pennies.” So what makes Bitcoin special to Wozniak? Although he didn't elaborate during the interview as to why he is keen about Bitcoin's mathematics, he likely appreciates that the calculations presumably help provide a technical explanation for Bitcoin's supposed stability, relative to gold. Bitcoin proponents have long referred to the cryptocurrency as a "store of value" comparable to gold because its underlying technology presumably helps prevent counterfeiting and helps maintain a fixed supply, among other reasons. In January,Goldman Sachspredictedthat Bitcoin would continue to take market share from gold, underscoring its rising popularity. Citadel CEO Ken Griffinsaidlast week that he was wrong about cryptocurrencies in general, having previously called them "a jihadist call" against the U.S. dollar. That the market capitalization of the crypto market has reached "about $2 trillion in round numbers" shows people that Griffin hasn't "been right on this call," he said during an interview with Bloomberg. Wozniakis no stranger to crypto, either. For instance, he is a judge on theUnicorn Huntersreality television show, in which viewers can invest in startups that compete on theShark Tank-like program. In February,Unicorn Huntersexecutives debuted the unicoin cryptocurrency, which they claimed was “ designed to address extreme volatility, the major problem of traditional tokens, and to offer its holders protection from inflation,” according to anannouncement. Wozniak said unicoin is “really opening up the world of startup investment to the masses," and he’s hoping that it becomes “very successful.” He contrasted unicoin to other cryptocurrencies, saying that it isn’t “just based on words and talks” but is instead “really based on the outcome of investments.” He didn’t mention whether he was impressed with the underlying technology or mathematics behind unicoin, as he did with Bitcoin. Wozniak recently sang Bitcoin’s praises during an October interview withYahooNews in which he commented about the cryptocurrency’s “mathematical purity.” “Bitcoin isn't run by some company,” Wozniak told Yahoo News. “It's just mathematically pure. And I believe nature over humans always.” This story was originally featured onFortune.com... - Reddit Posts (Sample): [['u/Carl-Mangerson', 'Should I take $1500 in Bitcoin over cash?', 154, '2022-05-03 00:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/', "I made a deal a year ago about $2k. Now the person that owes me the $2k is offering $500 in cash and the rest in Bitcoin. I know literally nothing about bitcoin, or crypto in general, so I'm a little lost at what I should do.\n\nI have one person telling me to take the deal, and another saying don't take it. \n\nCould someone weigh in here, or at least point me in the right direction for where I can get more information? \n\nThanks.", 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/', 'uh17tm', [['u/PandaBunds', 105, '2022-05-03 00:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i7330d1/', 'Everyone here would tell you to take it 100%, including myself. I would first consider your financial situation. I never invest any money I can’t afford to lose. Similarly, if you need the $1500, I wouldn’t do it. \n\nIf you can however, and don’t necessarily need it, I would consider accepting it and just letting it sit for at least a couple years.', 'uh17tm'], ['u/rnarcopolo', 24, '2022-05-03 01:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i7380b0/', 'It’s your money and you have every right to spend it as you see fit so definitely you should be given $2000 cash. If you choose to buy bitcoin so be it but someone else shouldn’t be making that choice for you. Only way I would do the Bitcoin is if he is offering more than $1500 \n, otherwise no deal.', 'uh17tm'], ['u/rraattbbooyy', 64, '2022-05-03 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i738gzs/', 'Insist on cash. If you want to buy bitcoin with it afterwards, that’s your call, but start with actual money.', 'uh17tm'], ['u/FBIsBackdoor', 42, '2022-05-03 02:19', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i73i5ib/', 'Yeah, what the fuck is everyone here getting on about accepting Bitcoin? I get that everyone here already has a wallet and an online exchange account but OP obviously does not.\n\nTheir original deal sounds like it was for $2000 cash. And he’s offering $500 cash and $1500 BTC? He’s not even offering extra to cover the hassle of converting this “foreign” currency into money he can use.\n\nYeah, everyone here is a Bitcoin expert, but OP obviously is not. Would you tell your elderly grandmother to accept this asinine deal? Everyone here is high.', 'uh17tm'], ['u/Akahura', 77, '2022-05-03 02:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i73mp1y/', "Take the cash and if you are interested, learn about Bitcoin.\n\nAfter your learning of the basics and if you still are interested in Bitcoin, take 100 US and become familiar with Bitcoin. Become a member of an exchange, install a wallet on your phone, send some bitcoin to yourself, and learn the basics. (Basics of send, receive and store Bitcoin/lightning, you don't have to become a programmer)\n\nIf still interested in Bitcoin, buy Bitcoin for $1 400.\n\nYou invested a few $ to learn the system, but now you know what you are doing. (From your initial $100 investment, maybe you have now $97.)", 'uh17tm'], ['u/ActiveClone', 50, '2022-05-03 02:58', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i73n8n7/', 'Woop his ass till he gives the cash.', 'uh17tm'], ['u/Luxuriosa_Vayne', 25, '2022-05-03 03:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/uh17tm/should_i_take_1500_in_bitcoin_over_cash/i73p1q2/', 'fuck that, only take cash, if you wanted you buy btc out of that 2k', 'uh17tm']]], ['u/moderatenerd', 'Day One of the Great Awakening and nothing happened:', 161, '2022-05-03 00:33', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/', 'I write this very disappointed that I used all my savings to buy Bitcoin and to fill my pantry with non-perishables. Hopefully it happens tomorrow and this journal entry will get more exciting ;).', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/', 'uh1ljg', [['u/champdo', 15, '2022-05-03 00:35', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i7348s5/', 'Will have to check how the Qucumbers who said this will happen are moving the goalposts.', 'uh1ljg'], ['u/moderatenerd', 11, '2022-05-03 00:38', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i734nq6/', "But the day's not over yet *fingers crossed!!", 'uh1ljg'], ['u/MananaMoola', 124, '2022-05-03 00:39', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i734rvl/', 'DS and MSM want you to believe nothing happened by not reporting it. But trust me, lots is happening. Right now, even. Look, something else just happened. And over there, stuff happening. Lots, I say!\n\nSource- High up military', 'uh1ljg'], ['u/blues4buddha', 57, '2022-05-03 00:39', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i734t5h/', 'It’s happening on the quantum level.', 'uh1ljg'], ['u/AlabamaHotcakes', 28, '2022-05-03 00:43', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i735fgk/', 'Bigly things?', 'uh1ljg'], ['u/Senior-South9107', 20, '2022-05-03 00:51', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i736dbt/', "They didn't specify the year😁", 'uh1ljg'], ['u/JollyBus9263', 16, '2022-05-03 00:58', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i737bqv/', 'Hugely things. So hugely.', 'uh1ljg'], ['u/jimbojones230', 12, '2022-05-03 01:19', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i73a2l8/', 'They aren’t saying anything at all about it, just like every other time a predicted date has come and gone - if they pretend like they never cared or believed, they don’t have to adjust their beliefs or expectations, and can just move on to the next pile of bullshit.', 'uh1ljg'], ['u/iamnotroberts', 26, '2022-05-03 01:36', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i73cdz8/', 'Oh lol, I get a kick out of these sadkids just repeating the word "quantum" as if it means something in relation to their laughable conspiracy theories. If you hear someone use the word "quantum" outside of an academic setting, it\'s usually to bullshit. This is the kind of shit you hear people talk about when they get high. "It\'s like..." \\*inhales deeply and exhales\\* "...quantum bro."', 'uh1ljg'], ['u/Brian-OBlivion', 10, '2022-05-03 01:56', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i73f305/', 'It’s habbening for me. It’s not habbening for you?', 'uh1ljg'], ['u/tirch', 12, '2022-05-03 02:06', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i73geir/', 'but are they habbening?', 'uh1ljg'], ['u/realparkingbrake', 20, '2022-05-03 02:35', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i73k9x3/', "> to fill my pantry with non-perishables\n\nIt took me a couple of years to eat my way through all that Y2K canned chili, I'm not falling for that again.", 'uh1ljg'], ['u/OxygenThief7', 13, '2022-05-03 04:26', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i73z938/', 'Source: my cousin who knows someone who’s neighbor is studying to be a podiatrist.', 'uh1ljg'], ['u/Rowanforest', 10, '2022-05-03 04:46', 'https://www.reddit.com/r/Qult_Headquarters/comments/uh1ljg/day_one_of_the_great_awakening_and_nothing/i741tvg/', "Oh, it's habbening!\n\nSauce: Bearnaise.", 'uh1ljg']]], ['u/kurtwuckertjr', 'Olive Branches', 27, '2022-05-03 00:56', 'https://www.reddit.com/r/btc/comments/uh22mp/olive_branches/', 'Hey everyone, I just wanted to tell a brief story of the last month or so. I’m a big blocker. I run a big block mining pool, write for CoinGeek, etc…\n\nBut I had a drink with a software engineer from Blockstream in Miami last month, and we had a really valuable conversation about the original CounterParty token protocol and things like 51% attacks but with miners exhibiting the same kind of autonomy as he would expect from a UASF node operator. We had a really good time talking about our mutual love for bitcoin. \n\nThen last weekend, I had went to a BBQ with Marc Falzon and Ryan Griffin who have been focused on BCH merchant adoption around south Florida for the last month or so, and we had a really good time talking and sharing what we love about bitcoin too. All of our kids played together, and it was a great time. \n\nMore than anything, I just wanted to extend an olive branch and say hi to some old friends in here. When you spend time in person, it really puts the nonsense into perspective. If anyone wants to hang out or DM, I think we all need to do better at cooperating - myself included. \n\nTake care, bitcoiners.', 'https://www.reddit.com/r/btc/comments/uh22mp/olive_branches/', 'uh22mp', [['u/dinopawnz', 10, '2022-05-03 01:49', 'https://www.reddit.com/r/btc/comments/uh22mp/olive_branches/i73e2c7/', 'Love the post, Marc and Ryan are great guys. Keep spreading the positivity around!', 'uh22mp'], ['u/mrtest001', 13, '2022-05-03 05:19', 'https://www.reddit.com/r/btc/comments/uh22mp/olive_branches/i74... Based 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) sees the bullish start to May reversed with a 2.05% fall to sub-$38,000 on Tuesday.\n• Market angst over Fed monetary policy left the broader crypto market in negative territory.\n• Bitcoin’s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA.\nThe Federal Reserve has the crypto market on tenterhooks, this week. On Tuesday, bitcoin (BTC) fell by 2.05%. Reversing a 0.09% gain from Monday, BTC ended the day at $37,725.\nBTC had a bullish start to the month, after April’s 15.2% slide, with a visit to $39,000 levels before hitting reverse.\nMarket sentiment toward Federal Reserve monetary policy contributed to the retrace. Tuesday’s loss came despite the NASDAQ 100 gaining 0.22%.\nThis morning, the Fear & Greed Index fell from 27/100 to 21/100. The decline saw the Index return to the “Extreme Fear” zone after briefly visiting the “Fear” zone on Monday.\nLast month, the Index hit a month high of 53/100 on April 5, which coincided with bitcoin revisiting $47,000 levels.\nThe “Fear” and “Extreme Fear” zones reflect investor expectations of further price deterioration.\nFor bitcoin bulls, the Index will need to move back through to 46/100 to bring April’s high of $47,433 into play.\nThe correlation between bitcoin and the NASDAQ 100 strengthened in April. In early May, however, the correlation weakened following Tuesday’s divergence.\nA further decoupling may be unlikely near-term, with the NASDAQ and BTC likely to be sensitive to the Federal Reserve monetary policy decision later today.\nIn 2022, there has been little evidence of investors using BTC as an inflation hedge or as a safe haven.\nYear to date, BTC was down 21.0% to Tuesday’s close, with the NASDAQ down 20.7%.\nAt the time of writing, bitcoin was up by 0.01% to $37,730.\nBitcoin will need to move through the day’s $37,959pivotto target the First Major Resistance Level at $38,405. Bitcoin would need broader market support to return to $38,000.\nIn the event of an extended rally, bitcoin could test the Second Major Resistance Level at $39,079. The Third Major Resistance Level sits at $40,206.\nFailure to move through the pivot would bring the First Major Support Level at $37,280 into play. Barring another extended sell-off, bitcoin should avoid sub-$36,000. The Second Major Support Level at $36,831 should limit the downside.\nLooking at theEMAsand the four-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $38,793. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also pulled back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a look at $39,000.\nThisarticlewas originally posted on FX Empire\n• EU targets Russian oil, banks as Moscow’s ally Belarus stages army drills\n• India cenbank raises key rate by 40 bps to tame inflation\n• Pub group Wetherspoon aims to break even this year amid cost pressures\n• Bosnia calls Oct 2 election despite rows over electoral reform, funding\n• UK’s Boohoo warns of slower growth as supply issues weigh\n• Beijing restricts public transport as COVID spreads in China', 'Key Insights: Bitcoin (BTC) sees the bullish start to May reversed with a 2.05% fall to sub-$38,000 on Tuesday. Market angst over Fed monetary policy left the broader crypto market in negative territory. Bitcoin\x92s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA. The Federal Reserve has the crypto market on tenterhooks, this week. On Tuesday, bitcoin ( BTC ) fell by 2.05%. Reversing a 0.09% gain from Monday, BTC ended the day at $37,725. BTC had a bullish start to the month, after April\x92s 15.2% slide, with a visit to $39,000 levels before hitting reverse. Market sentiment toward Federal Reserve monetary policy contributed to the retrace. Tuesday\x92s loss came despite the NASDAQ 100 gaining 0.22%. Bitcoin Fear & Greed Index hits reverse This morning, the Fear & Greed Index fell from 27/100 to 21/100. The decline saw the Index return to the \x93Extreme Fear\x94 zone after briefly visiting the \x93Fear\x94 zone on Monday. Last month, the Index hit a month high of 53/100 on April 5, which coincided with bitcoin revisiting $47,000 levels. The \x93Fear\x94 and \x93Extreme Fear\x94 zones reflect investor expectations of further price deterioration. For bitcoin bulls, the Index will need to move back through to 46/100 to bring April\x92s high of $47,433 into play. Bitcoin correlation with the NASDAQ 100 decouples The correlation between bitcoin and the NASDAQ 100 strengthened in April. In early May, however, the correlation weakened following Tuesday\x92s divergence. A further decoupling may be unlikely near-term, with the NASDAQ and BTC likely to be sensitive to the Federal Reserve monetary policy decision later today. In 2022, there has been little evidence of investors using BTC as an inflation hedge or as a safe haven. Year to date, BTC was down 21.0% to Tuesday\x92s close, with the NASDAQ down 20.7%. BTC decouples from the NASDAQ on Tuesday. Bitcoin price action At the time of writing, bitcoin was up by 0.01% to $37,730. BTC gives up early gains to return to sub-$38,000 with Federal Reserve monetary policy in focus. Technical indicators Bitcoin will need to move through the day\x92s $37,959 pivot to target the First Major Resistance Level at $38,405. Bitcoin would need broader market support to return to $38,000. Story continues In the event of an extended rally, bitcoin could test the Second Major Resistance Level at $39,079. The Third Major Resistance Level sits at $40,206. Failure to move through the pivot would bring the First Major Support Level at $37,280 into play. Barring another extended sell-off, bitcoin should avoid sub-$36,000. The Second Major Support Level at $36,831 should limit the downside. Failure to move through the pivot would leave BTC under pressure. Looking at the EMAs and the four-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $38,793. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also pulled back from the 200-day EMA, BTC negative. A move through the 50-day EMA would support a look at $39,000. A move through the 50-day EMA would support a return to $39,000. This article was originally posted on FX Empire More From FXEMPIRE: EU targets Russian oil, banks as Moscow\x92s ally Belarus stages army drills India cenbank raises key rate by 40 bps to tame inflation Pub group Wetherspoon aims to break even this year amid cost pressures Bosnia calls Oct 2 election despite rows over electoral reform, funding UK\x92s Boohoo warns of slower growth as supply issues weigh Beijing restricts public transport as COVID spreads in China', '• Bitcoin (BTC) sees the bullish start to May reversed with a 2.05% fall to sub-$38,000 on Tuesday.\n• Market angst over Fed monetary policy left the broader crypto market in negative territory.\n• Bitcoin’s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA.\nThe Federal Reserve has the crypto market on tenterhooks, this week. On Tuesday, bitcoin (BTC) fell by 2.05%. Reversing a 0.09% gain from Monday, BTC ended the day at $37,725.\nBTC had a bullish start to the month, after April’s 15.2% slide, with a visit to $39,000 levels before hitting reverse.\nMarket sentiment toward Federal Reserve monetary policy contributed to the retrace. Tuesday’s loss came despite the NASDAQ 100 gaining 0.22%.\nThis morning, the Fear & Greed Index fell from 27/100 to 21/100. The decline saw the Index return to the “Extreme Fear” zone after briefly visiting the “Fear” zone on Monday.\nLast month, the Index hit a month high of 53/100 on April 5, which coincided with bitcoin revisiting $47,000 levels.\nThe “Fear” and “Extreme Fear” zones reflect investor expectations of further price deterioration.\nFor bitcoin bulls, the Index will need to move back through to 46/100 to bring April’s high of $47,433 into play.\nThe correlation between bitcoin and the NASDAQ 100 strengthened in April. In early May, however, the correlation weakened following Tuesday’s divergence.\nA further decoupling may be unlikely near-term, with the NASDAQ and BTC likely to be sensitive to the Federal Reserve monetary policy decision later today.\nIn 2022, there has been little evidence of investors using BTC as an inflation hedge or as a safe haven.\nYear to date, BTC was down 21.0% to Tuesday’s close, with the NASDAQ down 20.7%.\nAt the time of writing, bitcoin was up by 0.01% to $37,730.\nBitcoin will need to move through the day’s $37,959pivotto target the First Major Resistance Level at $38,405. Bitcoin would need broader market support to return to $38,000.\nIn the event of an extended rally, bitcoin could test the Second Major Resistance Level at $39,079. The Third Major Resistance Level sits at $40,206.\nFailure to move through the pivot would bring the First Major Support Level at $37,280 into play. Barring another extended sell-off, bitcoin should avoid sub-$36,000. The Second Major Support Level at $36,831 should limit the downside.\nLooking at theEMAsand the four-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $38,793. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also pulled back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a look at $39,000.\nThisarticlewas originally posted on FX Empire\n• EU targets Russian oil, banks as Moscow’s ally Belarus stages army drills\n• India cenbank raises key rate by 40 bps to tame inflation\n• Pub group Wetherspoon aims to break even this year amid cost pressures\n• Bosnia calls Oct 2 election despite rows over electoral reform, funding\n• UK’s Boohoo 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: 2022-05-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,663,638,812 - Hash Rate: 216238853.06908828 - Transaction Count: 233045.0 - Unique Addresses: 615048.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Gold markets have pulled back significantly during the trading session on Wednesday after initially gapping higher. The gap was a bit too much in a market that had been overbought, to begin with, and therefore we plunged towards the $2000 level. The selloff was quite vicious, and quite possibly very needed. After all, a market cannot go straight up in the air forever, which is basically what you are banking on if you started buying gold near $2050. Gold Price Predictions Video 10.03.22 Now that there are plenty of people up there “holding the bag”, the markets will go looking for stability underneath in order to get long yet again. I do think gold has a longer-term trajectory to much higher pricing, but that does not mean that has to get there tomorrow. When a market gets overbought like this, the reaction is quite nasty and is very possible that gold has further to fall in order to satisfy the possibility of stabilization. At the very least, we are looking at a situation where we need to get a bit of sideways action at the very least. It is worth noting that the futures market is near the $2000 level so that in and of itself could be an area that markets focus on. We would need to see several days of sideways action for that to stabilize things, or perhaps pullback towards the $1950 level. Either way, I think this is a market that cannot be shorted, simply because we could get a headline coming out that shocks the markets and have people running towards gold yet again. Ultimately, Jesse Livermore once said, “sometimes we get paid to wait.” I think this is one of those times. 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: British Pound Trying to Recover Goldman Sachs To Offer Ethereum Fund by Galaxy Digital to Clients Bitcoin and ETH Rally Takes Break, Why WAVES Surge Isn’t Over Yet US Dollar Continues to Grind Higher Against Japanese Yen Crude Oil Pulls Back From Extreme Highs Campbell Soup Missed Expectations for Quarterly Revenue... - Reddit Posts (Sample): [['u/I_DONT_GIVE_A_MIOTA', 'Market pressure?', 12, '2022-05-04 00:43', 'https://www.reddit.com/r/IOTAmarkets/comments/uhs433/market_pressure/', 'Anyone know if there was news or something else driving IOTA down below $0.50. Looks like over the past three months it has been underperforming against the gold standard BTC. Was unsure if this was just because of crypto winter, tokens tied up in staking, or some other factor that be at the mercy of God(s).', 'https://www.reddit.com/r/IOTAmarkets/comments/uhs433/market_pressure/', 'uhs433', [['u/Schpoopel', 10, '2022-05-04 20:42', 'https://www.reddit.com/r/IOTAmarkets/comments/uhs433/market_pressure/i7bqdx7/', '>I’d be surprised if we even see a release for Shimmer in 2022 at this rate. \n\nAs someone working at the IF, prepare to be very surprised.', 'uhs433']]], ['u/crypto100kk', "I've been using Cryptocom Since Summer of 2020. My Thoughts as a former Icy White CardHolder", 35, '2022-05-04 00:43', 'https://www.reddit.com/r/Crypto_com/comments/uhs441/ive_been_using_cryptocom_since_summer_of_2020_my/', "Hello all, so I would like to give my opinion on these recent changes. I first staked for the ruby red for 50 MCO tokens, and then I did the forced swap from MCO to CRO, I then also staked for the Icy White at 0.18c per cro on sept 1 2020 (the old ATH is when I staked it at) when it required you to stake CRO and not fiat amounts, therefore I had to stake 18,000$ for the Icy White. I was grandfathered in, sold off though (at 17c after it went from 18c down to 5c and then back up to 17c) and later staked 4k usd for the jade at 10c per cro.\n\n​\n\nI agree that CDC has made terrible decisions or at least the way they went about them. The thousands of changes of the EARN program in like 1 month to keep making it worse and worse is just weird. I didn't mind the first change of the 30k tier 1 and 2 limit as it would barely affect me. The new changes of 3k though highly affect me. I also agreed icy and above should get higher limits than 30k.\n\n​\n\nThe debit cards are now not so great, It is good they added back staking rewards but they have done this before.\n\n​\n\nFor all you new users here, let me tell you something you will freak on. Icy and Obsidian used to get 18% interest on their card stakes while jade got 16%, cryptocom made a sudden change over night and people freaked out about it, a vocal outrage since they lowered it from 18% and 16% to 6% and 4%. Kris marszalek made a public statement saying they listen to the community and upped the rates to 10% and 12%. So tbh I was never surprised when I heard they removed the rates because their plan was to do what they did last time, lower the rates drastically or even remove them then add them back but lower to make them have good PR. This was a planned strategy for sure.\n\n​\n\nAnyways the debit cards arent too great anymore, I am debating of unstaking my jade or not as i have better cashback than 1.5%, as i can get 2% paid in BTC and no lock ups. \n\n​\n\nEarn is also not so great, and buying and selling was never great. So I almost dont have a reason to use cryptocom anymore after 2+ years, unless I decide the jade is worth it for the free netflix and spotify.\n\nI was planning on reupgrading back to icy white, but instead I undelegated my CRO from defi wallet and plan on selling that off, but im unsure if i will keep my jade or if i sell that off too.", 'https://www.reddit.com/r/Crypto_com/comments/uhs441/ive_been_using_cryptocom_since_summer_of_2020_my/', 'uhs441', [['u/NegotiationNext8844', 10, '2022-05-04 03:51', 'https://www.reddit.com/r/Crypto_com/comments/uhs441/ive_been_using_cryptocom_since_summer_of_2020_my/i78m0zl/', 'Thx for sharing old timer', 'uhs441']]], ['u/HappyDadOfFourJesus', 'I stand alone on my Bitcoin island.', 52, '2022-05-04 01:31', 'https://www.reddit.com/r/Bitcoin/comments/uht3jp/i_stand_alone_on_my_bitcoin_island/', "Many of my friends are fans of liberty. They rally for medical freedom, education freedom, gun freedom, religious freedom, etc. but I don't hear them rallying for monetary freedom.\n\nSo I stand alone on my Bitcoin island, ready to speak to anyone who will listen.", 'https://www.reddit.com/r/Bitcoin/comments/uht3jp/i_stand_alone_on_my_bitcoin_island/', 'uht3jp', [['u/Keith_Kong', 21, '2022-05-04 03:26', 'https://www.reddit.com/r/Bitcoin/comments/uht3jp/i_stand_alone_on_my_bitcoin_island/i78ilja/', 'I’m on the same island. Too many hear “monetary freedom” and tune out. People somehow simultaneously understand that money is super important in their own lives while not considering that it might be at the heart of what drives most problems and solutions.\n\nI think people simply don’t intuitively understand the structure of fiat money or even consider that there is a structure to money. It’s just a measure of spending power to them so “really, you’re going to talk at me about a number system for 10+ minutes?”\n\nSo the entire basis for switching to Bitcoin requires a massive information overload. You start down this path and people are just rarely in a state of mind to go deep on getting educated about a massively over complex economic model that is fiat currency.', 'uht3jp']]], ['u/TNGSystems', 'A complete view of the Safemoon V1 100% tax theft.', 79, '2022-05-04 02:00', 'https://www.reddit.com/r/SafeMoonInvesting/comments/uhtnex/a_complete_view_of_the_safemoon_v1_100_tax_theft/', 'Hi everyone. Lately, Coffezilla posted a series of excellent videos on Safemoon, but in the first video of his deep dives he made a very critical error which the Safemoon army pounced on as a way to invalidate all of his claims. \n\nCoffee claimed that in the V1 to V2 migration, the total amount of V1 lost was in the $100m+ range. **This number was not even close to correct**, and without sounding like a dickhead, I had been active in these circles and posted my own findings which suggested around $6m, 2 weeks prior to Coffee\'s video. That drama could\'ve been avoided and ultimately this very serious part of the discussion on the various misconduct of Safemoon is not taken as seriously as it should. \n\nBefore I get in to it, I want to get everyone up to speed here. \n\n\nCoffee\'s number is right and wrong, as explained by Strider. Strider looked at the amount of money that entered the liquidity pools. \n\nA note on liquidity pools, the locked liquidity is owned by pancake v2, all of the liquidity in pancake v1 is unlocked. There’s only a small portion of unlocked v2 liquidity that Thomas migrated on May 12 and he owns the lp tokens for that. The locked liquidity was migrated on June 4th but the lp tokens are owned by a smart contract. \n\nSo everything unlocked is allowed to be withdrawn and spent at will. \n\nWhile I did challenge these numbers in late March, what none of us really knew at that point is that when anyone migrates to V2, their V1 is still 100% taxed, but they are reimbursed V2 from the deployer wallet. Therefore it does look like over $100m has been taxed. That is true, but most people got their money back by being reimbursed with V2 tokens. \n\nThis research wasn\'t just me, I had a huge amount of help from Bicam, who was just fucking excellent the whole way through. We learned so much, bouncing theories off each other and trying to work it out. The information here is presented by me but it was a joint effort to get there so any credit deserves to be given to Bicam too. \n\n---\n--- \n\nThere\'s some facts that do need to be laid down first. I\'m most interested in this side of Safemoon because I find it really perverse that a company can punitively take their investors and cheerleaders funds, and that the most avid followers of that company will cheer them on. The whole thing is really fucking weird to me, and when Coffee published his video I resolved to find out the correct number, or at least as close as I could get. \n\n---\n\n### Method ID\'s\n\nWhen a holder has V1, they can do five things with it: \n\n* Migrate it \n* Transfer it \n* Sell it \n* Buy more \n* Swap it \n\nEverything but migrating it results in the 100% tax, where the taxed tokens are delivered to the liquidity pool via the Smart Contact. Each of these five methods has a "Method ID" and indeed, selling, swapping and buying have three MethodID\'s each. As an example: \n>\tSwapExactETHforTokens, SwapETHforTokens, SwapETHforExactTokens \n\nThe layman way to describe this is when you swap for EXACT, you are specifying exactly what you want to get. It\'s like a limit order vs a market order. In the interest of thoroughness, all three methods were scanned for transactions and counted for buys, sells and swaps. \n\n---\n\n###Time Range \n\nI\'m going to be looking from D-Day (December 29, 2021 16:00 UTC) to midnight on April 24th. Tax losses are, unfortunately, ongoing so there is no way to measure the last moment.\n\n---\n\n###Pricing \nPreviously, I simply used the daily close price of Safemoon V1 from CoinMarketCap to determine the price. This was a huge average and wasn\'t really accurate - the previously quoted $6.3m figure was a result of this, and you\'ll see how inaccurate it was. \n\nThe numbers are therefore the price of the token that was lost at the date and time of transfer. \n\nBicam figured out a way to query the blockchain to pull the minute-by-minute price of Safemoon. I simply matched the minute of the price to the minute of the transaction in order to determine the USD value of each taxed event. Same again with BNB.\n\n---\n\n### Follow Along \n\nWe used [Dune](https://dune.com/queries) to query the blockchain as they have a complete record of BSC. If you have any SQL knowledge, you will find this very easy to follow along. Dune is an invaluable resource and I\'m already looking at other suspicious moments in Safemoon\'s history.\n\nWhen you load Dune, select "Binance Smart Chain" on the left dropdown and then simp... Based 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 Wednesday, Elon Musk briefly changed his Twitter profile image to a Bored Ape Yacht Club image, driving APECoin (APE) into a frenzy.\n• Musk has a similar impact on Dogecoin (DOGE) and Shiba Inu Coin (SHIB), and even Bitcoin (BTC).\n• The Elon Musk influence brings into question the ethos of decentralization.\nElon Musk, the world’s richest man, is no stranger to cryptos. In January 2021, the Tesla (TSLA) CEO showed his power over the crypto market by simply changing hisTwitteraccount description to #bitcoin.\nOn January 29, the Bitcoin (BTC) response was evident, surging from a day low of $31,996 to a day high of $38,632 before easing back.\nIn February of last year, Musk delivered further BTC price action with news of Tesla acquiring $1.5bn in BTC. Once more, the Musk influence was evident, with BTC responding to thenews.\nSince then, Musk has continued to show his influence on the crypto market, withDOGE,SHIB, and nowAPEat the mercy of Musk’s Twitter account.\nOn Wednesday, Elon Musk flexed his crypto muscles via his heavily influential Twitter account. By simply changing his Twitter profile picture to a Bored Ape Yacht Club NFT image, APECoin surged from $14.51 to a day high of $17.64 before easing back. APE holders enjoyed a 21% breakout within a 45-minute time span.\nAPE joined a growing list of cryptos that have fallen under Elon Musk’s spell. Dogecoin (DOGE) and Shiba Inu Coin (SHIB) have long been under the influence of Elon Musk.\nOver the last 12-months, Musk’s influence on DOGE and SHIB has been unquestionable. Last month alone, DOGE investors faced heightened volatility as the global financial markets responded to Musk’s Twitter purchase.\nOn April 5 and April 25, two spikes were evidence of the Musk Spell. The April 5 breakout came in response tonewsof Musk taking a $3bn stake in Twitter.\nThe April 25 breakout came in response to renewedtalkof Musk buying Twitter, which briefly took DOGE into the crypto top 10 by market cap.\nSince Tesla’s purchase of $1.5bn in BTC, questions have surfaced over the influence of one person on the crypto market.\nThere has yet to be any regulatory scrutiny on the Musk influence despite the SEC’s stance on cryptos.\nFor the crypto market, the Musk influence raises questions over the ethos of decentralization. The impact of a Musk Tweet on APE, BTC, DOGE, and even SHIB removes the concept of decentralization.\nWhile crypto investors going long may appreciate the Musk influence, investors shorting APE, DOGE, and SHIB walk a treacherous path, with Musk able to create a price spike with a simple tweet.\nThisarticlewas originally posted on FX Empire\n• Oil edges up on EU’s proposed Russian oil ban, but weak China data weighs\n• Rio Tinto keen for talks to revive Serbian lithium project\n• Fuel costs hurt Lufthansa’s Q1\n• Internet providers end challenge to California net neutrality law\n• Analysis-War a lost opportunity for Turkey’s westward outreach\n• Australia wants calm in ties with Solomon Islands after ‘invasion’ claim', 'Key Insights: On Wednesday, Elon Musk briefly changed his Twitter profile image to a Bored Ape Yacht Club image, driving APECoin (APE) into a frenzy. Musk has a similar impact on Dogecoin (DOGE) and Shiba Inu Coin (SHIB), and even Bitcoin (BTC). The Elon Musk influence brings into question the ethos of decentralization. Elon Musk, the world\x92s richest man, is no stranger to cryptos. In January 2021, the Tesla ( TSLA ) CEO showed his power over the crypto market by simply changing his Twitter account description to #bitcoin. On January 29, the Bitcoin ( BTC ) response was evident, surging from a day low of $31,996 to a day high of $38,632 before easing back. Hourly chart shows the influence of Elon Musk. In February of last year, Musk delivered further BTC price action with news of Tesla acquiring $1.5bn in BTC. Once more, the Musk influence was evident, with BTC responding to the news . BTC spikes on news of Tesla purchasing $1.5bn in BTC. Since then, Musk has continued to show his influence on the crypto market, with DOGE , SHIB , and now APE at the mercy of Musk\x92s Twitter account. Musk Twitter Account Causes APECoin Frenzy On Wednesday, Elon Musk flexed his crypto muscles via his heavily influential Twitter account. By simply changing his Twitter profile picture to a Bored Ape Yacht Club NFT image, APECoin surged from $14.51 to a day high of $17.64 before easing back. APE holders enjoyed a 21% breakout within a 45-minute time span. Musk Twitter account hits APE APE joined a growing list of cryptos that have fallen under Elon Musk\x92s spell. Dogecoin (DOGE) and Shiba Inu Coin (SHIB) have long been under the influence of Elon Musk. APE Joins Dogecoin as an Elon Musk Dependent Over the last 12-months, Musk\x92s influence on DOGE and SHIB has been unquestionable. Last month alone, DOGE investors faced heightened volatility as the global financial markets responded to Musk\x92s Twitter purchase. On April 5 and April 25, two spikes were evidence of the Musk Spell. The April 5 breakout came in response to news of Musk taking a $3bn stake in Twitter. The April 25 breakout came in response to renewed talk of Musk buying Twitter, which briefly took DOGE into the crypto top 10 by market cap. Story continues Price spikes driven by Musk news updates. Musk Brings into Question the Ethos of Decentralization Since Tesla\x92s purchase of $1.5bn in BTC, questions have surfaced over the influence of one person on the crypto market. There has yet to be any regulatory scrutiny on the Musk influence despite the SEC\x92s stance on cryptos. For the crypto market, the Musk influence raises questions over the ethos of decentralization. The impact of a Musk Tweet on APE, BTC, DOGE, and even SHIB removes the concept of decentralization. While crypto investors going long may appreciate the Musk influence, investors shorting APE, DOGE, and SHIB walk a treacherous path, with Musk able to create a price spike with a simple tweet. This article was originally posted on FX Empire More From FXEMPIRE: Oil edges up on EU\x92s proposed Russian oil ban, but weak China data weighs Rio Tinto keen for talks to revive Serbian lithium project Fuel costs hurt Lufthansa\x92s Q1 Internet providers end challenge to California net neutrality law Analysis-War a lost opportunity for Turkey\x92s westward outreach Australia wants calm in ties with Solomon Islands after \x91invasion\x92 claim', 'Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nGood morning. Here’s what’s happening:\nPrices:Cryptos soar following the U.S. central bank rate hike.\nInsights:Bitcoin and other cryptos show the impact of events in Asia.\nTechnician\'s take:Expect choppy price action within the current trading range.\nCatch the latest episodes ofCoinDesk TVfor insightful interviews with crypto industry leaders and analysis. Andsign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.\nBitcoin (BTC):$39,644 +5%\nEther (ETH):$2,946 +6%\n[{"Asset": "Ethereum Classic", "Ticker": "ETC", "Returns": "+17.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+16.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+13.0%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nS&P 500: 4,300 +2.9%\nDJIA: 34,061 +2.8%\nNasdaq: 12,964 +3.1%\nGold: $1,881 +0.6%\nCryptos soar following U.S. central bank rate hike\nAnd on the fourth day of May, there was sunshine for bitcoin and other cryptos.\nThe largest cryptocurrency by market capitalization was recently trading at about $39,600, up over 5%. Ether, the second-largest crypto by market cap, was changing hands over $2,930, a 6% gain. Other major cryptos were even more in the green, withADAand AVAX rising over 16% and 11% respectively, and SOL jumping 8%.\nCrypto\'s upswing, which broke nearly a week of declines, followed the U.S. central bank\'s long-awaited half-point interest rate hike, the most significant step so far this year in its quest to tame rising inflation. The Federal Reserve also said that it would reduce its $9 trillion asset portfolio of mortgages and Treasury securities. Other central banks have also raised rates in recent months, although not as aggressively.\nInvestors have been fearful that the Fed\'s newfound hawkishness would send the economy into recession. The rate increase was the largest since the bank raised it by a half-point in 2000.\nGrowth has already slowed over the first part of the year. U.S. gross domestic product declined 1.4% on an annualized basis during the first quarter. But in remarks Wednesday, Fed Chair Jerome Powell indicated that the Fed could reduce the monetary stimulus that fueled the country\'s strong growth last year while ensuring the sort of soft economic landing that would comfort investors. Powell described the economy as strong, a point underscored by recent, strong employment numbers, and ruled out larger rate increases, all of which buoyed equity markets.\nThe tech-heavy Nasdaq rose over 3% and the S&P 500 and Dow Jones Industrial Average jumped nearly as much.\nDespite Wednesday\'s spike, bitcoin has spent 2022 in the doldrums, falling 17% in April alone. May, a historically strong month for crypto, had shown little pep till now as investors continued digesting a toxic combination of sinking economic indicators and global uncertainty, largely fueled by Russia\'s unprovoked invasion of Ukraine.\nDan Young, head of partnerships at blockchain analytics firm Elementus, noted ongoing concerns about inflation; disappointing rates of crypto adoption, particularly in El Salvador, which made bitcoin legal tender last year; "high-profile protocol breaches that have highlighted vulnerabilities and increased regulatory scrutiny of miners." Yet Young said that "the space has 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: 2022-05-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $756,983,594,145 - Hash Rate: 232530821.4510059 - Transaction Count: 315759.0 - Unique Addresses: 778504.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks Visa Inc. (V) and Mastercard Inc. (MA) sold off last week, battered by projected revenue losses as a result of Russian sanctions. Both companies suspended operations in the rogue state over the weekend, setting the stage for additional losses when equity markets open on Monday. The stocks have lost more than 15% in recent weeks and are testing December 2021 lows that may not hold, given additional losses from reduced international travel, despite the pandemic’s retreat. ABM Industries Inc. (ABM) is New York-based mid cap that provides cleaning and management services for large buildings in the United States and United Kingdom. That’s good news in a troubled world that’s punishing blue chips with exposure to mainland Europe and Russia. The stock broke out above 4-year resistance in early 2021 and posted an all-time high at 55.48 one year ago, ahead of a correction that bounced at breakout support in December. It’s now rallied into a trendline of lower highs, just in time for Thursday’s earnings report. Dollar Tree Inc. (DLTR) incurred the wrath of the mainstream media after 400 stores were closed due to rat infestations. However, the stock has risen to the top of the Nasdaq-100 performance list at the same time, highlighting domestic exposure in a US economy that will suffer as a result of war in Europe. The stock rallied within a point of November 2021’s all-time high after a mixed earnings report on Wednesday and could breakout in coming weeks. ETFs iShares Dow Jones US Aerospace and Defensive Index ETF (ITA ) broke out above an 8-month trendline of lower highs one week ago and reversed near the 2021 high at 113.13. A 19% surge in Lockheed Martin Corp (LMT ) underpinned the uptick while Boeing Co.’s (BA) 18.53% weighting kept a lid on gains because it’s losing ground due to Russian exposure and the war’s economic impact. However, half of BA revenue is booked through defense applications that will generate windfall profits in coming years. Story continues Crypto Bitcoin (BTC ) and other cryptocurrencies have disappointed long-side traders since the outbreak of the war, with a quick buying spike consumed by an immediate decline that now threatens to test and break January and February lows. The digital currency footprint hasn’t been heavy enough to mark an important funding source during the conflict while physical commodities, including gold and silver, have posted impressive gains. Catch up on the latest price action with our new ETF performance breakdown . Disclosure: the author held Lockheed-Martin, Aerospace & Gold ETFs, Boeing, and Visa in family accounts at the time of publication. This article was originally posted on FX Empire More From FXEMPIRE: Mickey Mantle NFT Baseball Card Goes for $471k on OpenSea Spanish Telecom To Enter Crypto & Metaverse With Its Cryptocurrency European Equities: A Week in Review – 04/03/22 The Week Ahead – Russia Invasion Updates to Remain the Key Driver South Korean Crypto Exchanges Lead the Way to Target Russian Users Strong US Dollar Index Momentum Puts 99.970 on Radar... - 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 Nasdaq Composite had its worst drop since June 2020,closing Thursday down 4.99%the day after the U.S. Federal Reserve announced the sharpest interest rate hike since 2000.\nSee related article:Bitcoin flirts with US$40K as Fed stamps highest rate hike in 22 years\n• The cryptocurrency market joined the selloff, losing over 6% of its total capitalization overnight in Asia.\n• Total cryptocurrency market cap was measured atUS$1.766 trillionat press time, according to CoinGecko data.\n• All major tokens were also down, wiping out any gains made yesterday; Bitcoin lost almost 8% and Ethereum over 6%, to be trading at US$36,536 and US$2,748 respectively.\n• U.S. 10-year yields alsorose to 3.035%— the highest mark since 2018 — a metric that is often inversely correlated to the strength of broader markets.\n• Bitcoin has become strongly correlated with traditional markets in recent months, as more traditional markets investors’ funds have connected to digital assets.\nSee related article:Bitcoin’s 30-day performance shows it’s not just another tech stock', 'The Nasdaq Composite had its worst drop since June 2020,closing Thursday down 4.99%the day after the U.S. Federal Reserve announced the sharpest interest rate hike since 2000.\nSee related article:Bitcoin flirts with US$40K as Fed stamps highest rate hike in 22 years\n• The cryptocurrency market joined the selloff, losing over 6% of its total capitalization overnight in Asia.\n• Total cryptocurrency market cap was measured atUS$1.766 trillionat press time, according to CoinGecko data.\n• All major tokens were also down, wiping out any gains made yesterday; Bitcoin lost almost 8% and Ethereum over 6%, to be trading at US$36,536 and US$2,748 respectively.\n• U.S. 10-year yields alsorose to 3.035%— the highest mark since 2018 — a metric that is often inversely correlated to the strength of broader markets.\n• Bitcoin has become strongly correlated with traditional markets in recent months, as more traditional markets investors’ funds have connected to digital assets.\nSee related article:Bitcoin’s 30-day performance shows it’s not just another tech stock', 'The Nasdaq Composite had its worst drop since June 2020, closing Thursday down 4.99% the day after the U.S. Federal Reserve announced the sharpest interest rate hike since 2000. See related article: Bitcoin flirts with US$40K as Fed stamps highest rate hike in 22 years Fast facts The cryptocurrency market joined the selloff, losing over 6% of its total capitalization overnight in Asia. Total cryptocurrency market cap was measured at US$1.766 trillion at press time, according to CoinGecko data. All major tokens were also down, wiping out any gains made yesterday; Bitcoin lost almost 8% and Ethereum over 6%, to be trading at US$36,536 and US$2,748 respectively. U.S. 10-year yields also rose to 3.035% \x97 the highest mark since 2018 \x97 a metric that is often inversely correlated to the strength of broader markets. Bitcoin has become strongly correlated with traditional markets in recent months, as more traditional markets investors\x92 funds have connected to digital assets. See related article: Bitcoin\x92s 30-day performance shows it\x92s not just another tech stock', 'Key Insights: The Singapore-based firm is mulling a fourth funding round. Amber Group is also considering going public in the United States. Venture capital is still flooding into crypto startups despite the market slump. Crypto trading platform Amber Group is mulling a fresh round of funding that would see the company at a valuation of $10 billion. The Singapore-based firm closed a $200 million round that state investment firm Temasek Holdings led in February. At the time, the firm was valued at $3 billion . Amber is now in discussions regarding another round, according to a May 6 Bloomberg report citing “people with knowledge of the matter.” Big VC Bucks Into Crypto Venture capital firms are still rapacious for anything crypto and Web3 related, as billions in investments have poured into digital asset startups over the past year. Amber chief executive Michael Wu hinted at another round ahead of a possible initial public offering in the U.S. later this year. February’s raise included contributions from crypto VCs such as Coinbase Ventures, Sequoia China, Pantera Capital, and Tiger Global Management. According to Crunchbase , Amber held a Series A round for $28 million in February 2020. The firm added to that with a $100 million Series B round in June 2021, followed by its $200 million round in February this year. The firm, founded in 2018 by five former Morgan Stanley traders, operates in 150 countries, has more than $5 billion in assets on the platform, and $1 trillion in traded volume, according to its website. Two of the crypto industry’s most prominent venture firms, Andreessen Horowitz and Sequoia Capital, have recently backed Elon Musk’s acquisition of Twitter to privatize the micro-blogging platform. The world’s largest crypto exchange, Binance, also contributed $500 million of its funds for the endeavor. Massive Market Slump The move comes as a broader crypto market sell-off accelerates resulting in one of the largest daily slumps of the year. Story continues Total market capitalization has tanked by 7.4% over the past 24 hours, wiping out a whopping $145 billion from the sector. Crypto markets are now at their lowest levels since late February, with a total market cap of $1.76 trillion. Bitcoin ( BTC ) led the drop, as usual, sliding 8.4% on the day to trade at $36,359 at the time of writing. Ethereum ( ETH ) wasn’t far behind with a dump of 7.1% to $2,735, and many of the rest of the altcoins were even deeper in the red. However, the daily price action doesn’t appear to have dampened the enthusiasm from those venture capital giants. This article was originally posted on FX Empire More From FXEMPIRE: Analysis: Banks face reversal of fortune from war and ‘great depression’ Warburg Pincus names SAP executive Khan senior tech adviser UK PM Johnson suffers heavy losses in London in local elections Monte dei Paschi swings to profit ahead of new plan in June British Airways-owner IAG says business travel recovering Fed fingers crossed for 1994 re-run as hiking path shortens: McGeever', '• The Singapore-based firm is mulling a fourth funding round.\n• Amber Group is also considering going public in the United States.\n• Venture capital is still flooding into crypto startups despite the market slump.\nCrypto trading platform Amber Group is mulling a fresh round of funding that would see the company at a valuation of $10 billion.\nThe Singapore-based firm closed a $200 million round that state investment firm Temasek Holdings led in February. At the time, the firm wasvalued at $3 billion.\nAmber is now in discussions regarding another round, according to a May 6 Bloombergreportciting “people with knowledge of the matter.”\nVenture capital firms are still rapacious for anything crypto and Web3 related, as billions in investments have poured into digital asset startups over the past year.\nAmber chief executive Michael Wu hinted at another round ahead of a possible initial public offering in the U.S. later this year. February’s raise included contributions from crypto VCs such as Coinbase Ventures, Sequoia China, Pantera Capital, and Tiger Global Management.\nAccording toCrunchbase, Amber held a Series A round for $28 million in February 2020. The firm added to that with a $100 million Series B round in June 2021, followed by its $200 million round in February this year.\nThe firm, founded in 2018 by five former Morgan Stanley traders, operates in 150 countries, has more than $5 billion in assets on the platform, and $1 trillion in traded volume, according to its website.\nTwo of the crypto industry’s most prominent venture firms, Andreessen Horowitz and Sequoia Capital, have recentlybacked Elon Musk’s acquisition of Twitterto privatize the micro-blogging platform. The world’s largest crypto exchange, Binance, also contributed $500 million of its funds for the endeavor.\nThe move comes as a broader crypto market sell-off accelerates resulting in one of the largest daily slumps of the year.\nTotal market capitalization has tanked by 7.4% over the past 24 hours, wiping out a whopping $145 billion from the sector. Crypto markets are now at their lowest levels since late February, with a total market cap of $1.76 trillion.\nBitcoin (BTC) led the drop, as usual, sliding 8.4% on the day to trade at $36,359 at the time of writing. Ethereum (ETH) wasn’t far behind with a dump of 7.1% to $2,735, and many of the rest of the altcoins were even deeper in the red.\nHowever, the daily price action doesn’t appear to have dampened the enthusiasm from those venture capital giants.\nThisarticlewas originally posted on FX Empire\n• Analysis: Banks face reversal of fortune from war and ‘great depression’\n• Warburg Pincus names SAP executive Khan senior tech adviser\n• UK PM Johnson suffers heavy losses in London in local elections\n• Monte dei Paschi swings to profit ahead of new plan in June\n• British Airways-owner IAG says business travel recovering\n• Fed fingers crossed for 1994 re-run as hiking path shortens: McGeever', '• Overnight, Terra’s (LUNA) Luna Foundation Guard (LFG) announced a series of Bitcoin (BTC) purchases totaling $1.5bn.\n• The BTC purchases, reportedly over the last few days, came during a choppy time for BTC and the broader crypto market.\n• Technical indicators are bearish for LUNA, with LUNA sitting below the 50-day.\nThe Luna Foundation Guard (LFG) has been in bitcoin (BTC) purchase mode since itannouncedplans to hold $10 billion in BTC reserves for TerraUSD (UST). In February, the LFG created a BTC denominated reserve for UST.\nUST is pegged to the USD. The pegging mechanism involves the issuance and burning of LUNA tokens. At times when the price of UST sits above $1, users can mint UST by burning LUNA. Burning LUNA then reduces 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: 2022-05-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $686,677,626,388 - Hash Rate: 210314500.9302092 - Transaction Count: 286887.0 - Unique Addresses: 723743.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: YesterdayI showed thatBitcoin (BTC)has essentially flatlined year-to-date and how, from anElliott Wave Principle (EWP)perspective, this sideways could become an elaborate triangle. As shared recently, seehere, the other option BTC has is a more immediate downside setup to ~$25K. It should complete the enormous 4thwave it is carving out before it is ready to rally to $100K+ for its next more significant 5thwave. Figure 1. Bitcoin Weekly chart with detailed EWP count and technical indicators. A more straightforward 4thwave potential As stated in previous updates, 4thwave corrections can take on at least 12 different patterns. Thus, knowing which it will be beforehand is impossible, and knowing which it is when the correction is underway requires the availability of more price data. BTC is now at the stage where we can start to minimize our options and focus on two. The triangle was discussed in detail yesterday, and today we can focus on the completion of a simple zig-zag: a-b-c; 5-3-5. See Figure 1 above. From its November 2021 all-time-high into the mid-January low, BTC completed wave-a. The subsequent multi-week bounce was a three-wave b-wave. Now the cryptocurrency should be completing the 5-wave c-wave. Last week it already topped right in the ideal (red, intermediate) wave-ii target zone and is currently trading below the tentative but preferred wave-i low. Thus wave-iii should now be underway, followed by iv and v, as shown in Figure 1. Later this year, a possible tag of the 200-week simple moving average (forwarded in time with the dashed red line) would be an ideal setup. But it is not necessary. The c-wave can morph into an overlapping ending diagonally, but the ultimate and perfect downside target remains about $25-27.5K. Besides, note how the money flow indicator (MFI14) has increased since the February lows. Thus at this stage, believe it or not, money is flowing slowly back into BTC. BTC is in a multi-month 4thwave correction of the same degree as the wave that ended in 2018 after the 2017 top. Fourth waves are tricky and can morph into at least 12 different patterns. Now that more data has become available, I can narrow it down to the two most likely. In yesterday’s update, I discussed the triangle. In today’s update, I show that BTC’s setup can also support a more immediate downside setup: 1. Stay below last week’s high ($42997) and especially the late-March high ($48208). 2. Close below the February low ($34350). That opens up the potential to target $28-30K. 3. Close below the January low to confirm the impulse pattern’s ideal downside target of $25.-27.5K Thus the stage has been set. The conditions are in place for a more direct route to the downside. All BTC must do is provide the triggers according to the aforementioned “three-step program.” Thisarticlewas originally posted on FX Empire • Ukraine central bank makes changes to foreign currency market to protect reserves • Rocky stock market faces Fed test with eyes on tightening plans • Russia looks to swerve default with last-minute dollar bond payment • ECB’s Holzmann expects first rate hike by autumn, maybe second in Dec • Disney’s corporate affairs head, Morrell, to leave company • Man shot dead near West Bank settlement, Israeli medics say... - 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:** ["Photo Illustration by Luis G. Rendon/The Daily Beast/Getty/Courtesy Rachel Siegel Crypto isn’t known for being the most gender-inclusive space. But even crypto influencer Rachel Siegel never imagined that a recent industry event would end with a surreptitious photo of her butt going viral on Twitter—and a conference employee egging it all on. Siegel, 30, is a former substitute teacher who claims to have made millions off of crypto by investing small amounts starting in 2017. She now runs a Twitter account with more than 194,000 followers under the handle @CryptoFinally, where she tweets about the market, industry news, and her own life. On April 9, Siegel was among the 25,000 crypto fanatics at the Bitcoin 2022 convention —a four-day extravaganza for fans of the original cryptocurrency. Siegel told The Daily Beast she was waiting in line for the mechanical bull—one of the conference’s many sponsored diversions—when another conference-goer struck up a friendly conversation. Siegel said she thought nothing of it at the time, and enjoyed herself the rest of the day. Bitcoin Threw a Massive Party in Miami and I Crashed It When she got home and clicked into Twitter, however, she was greeted with a photo of her own rear end. The man from the conference had apparently taken a picture of her while she wasn’t looking and posted it on Twitter with a single word: “lol.” The man had posted the photo as a retweet of one of Siegel’s own: a selfie she had put up earlier that day. His photo was decidedly less flattering—a closeup of her backside taken from behind, her derriere looking notably less voluptuous. The tweet was obviously intended to highlight the difference. Commenters quickly jumped into the replies to mock Siegel. (”How we serving them flapjacks?” one wrote.) Others made memes out of the image. By the time she saw it, Siegel said, the photo had been shared by multiple high-profile crypto accounts. To Siegel and others, the incident was just another example of the harassment some women face in the crypto sphere. Much like in traditional finance, women are wildly outnumbered in the crypto space, making up less than 5 percent of the most prominent crypto entrepreneurs and only 15 percent of all bitcoin traders. That imbalance, many women say, leads to a boys’ club atmosphere that is uncomfortable and occasionally menacing. Story continues Women have previously reported non-consensual touching , inappropriate questions , and unsolicited come-ons at industry events. In one infamous example, an after-party for the 2018 North American Bitcoin Conference was hosted at a Miami strip club. “We’re a bunch of dudes with a lot of money in our 20s,” one attendee told Bloomberg. “We like naked girls.” As a crypto influencer, Siegel was familiar with online harassment. But the photo was the result of a real-world encounter at a conference that claimed it was “dedicated to providing a harassment-free conference experience for all attendees.” She fired off a tweet about the incident, calling the man’s behavior and the subsequent engagement with his post “fcking disgusting,” and sent a direct message to the conference organizers asking about their harassment policy. (At the time, she believed the photographer had won the bull riding contest, and asked whether he would still be receiving the prize: one bitcoin, or about $40,000. Conference organizers later confirmed he did not win.) ‘We’re a Cult’: Inside Bitcoin’s Shameless Hypefest Hours went by with no response, until one of Siegel’s followers offered to start an email chain with her and some of the conference organizers. Organizers responded quickly to that thread, according to screenshots Siegel provided to The Daily Beast, and seemed to be trying to track the wannabe paparazzo down. Siegel said she felt like they were making progress. The next day, Siegel received a response to the direct message she had sent to the official Bitcoin conference Twitter account, from an employee who identified himself by his personal Twitter handle. Siegel searched for the handle on Twitter and found a user who identified himself as a conference employee. He had tagged both the conference and its sponsor, Bitcoin Magazine, in his bio. He had also, Siegel saw, “liked” a number of the tweets mocking her and the surreptitious butt picture. She was stunned. “Oh you made a mistake,” she wrote to the official conference account, attaching screenshots of the tweets the employee had liked. “Completely unacceptable behavior on behalf of the conference organizers. Thank you for identifying yourself.” The official account responded by using the laugh emoji reaction to her messages. “Crypto ma’am,” the employee wrote back. “My personal account doesn’t have anything to do with this account. Feel free to voice your concerts[sic] to our support team.” The Daily Beast attempted to contact the conference via multiple channels, including by calling the company’s director of events at the number listed on his email signature. When this reporter identified herself, the man who answered said it was a wrong number and abruptly hung up. The conference’s head of public relations also did not respond to multiple emails seeking comment. The photo incident continued to spiral in the days that followed. Siegel responded to the email thread with the conference organizers, alerting them to the messages from the Twitter account. Around the same time, the employee removed the official conference tags from his Twitter bio, leading some online to speculate that Siegel had gotten him fired. More than one person referred to her as a “Karen.” Meanwhile, crypto enthusiasts were hotly debating whether posting a covert photo of someone’s rear end really constituted sexual harassment, and whether Siegel could honestly cry foul, given that she’d posted selfies of her own butt before. “Anyone who posts photos of themselves on the internet deserves whatever criticism they get,” one user wrote. “Still milking this?” another jeered. Conference CEO David Bailey eventually weighed in with a Twitter thread, writing that he despised “woke bullshit” but wanted to build a “dope community” where people “aren’t harassed over shit they can’t change.” “Someone on our team engaged with a dumb tweet from our official account. Extremely immature and I’m pissed about it,” he wrote. “They’ve been seriously reprimanded but everyone makes mistakes and I’m not firing them for it.” Bailey, 31, also urged anyone who harassed women at the conference to “stop being a fucking loser,” adding: “Bitcoin is for woman [sic] too.” “My mom, sisters, aunts, wife, daughters all attend the conference and the moment one of them is made to feel uncomfortable I’ll kill a motherfucker,” he wrote. Siegel was not impressed. “The official CEO response to the conference admin harassing me is ‘everybody makes mistakes’ & I should have had a man at the conference to ‘kll a mf’ for me,” she tweeted. Emails between Siegel and the conference organizers became increasingly tense, with Siegel’s attorney saying he had hired litigation counsel and demanding to be put in touch with BTC Media’s lawyers. The company’s head of people, Nick Beaird, responded by saying he did not see a legal issue. Beaird also informed Siegel that he had not been able to identify the photographer, and would not be able to disclose his identity even if he had. In regard to the employee who liked the mocking tweets, he said the company would be “investigating the entirety of the situation” and “taking measures… consistent with our policies and practices.” He did not specify what those policies and practices were. In her final email to the company, to which Beaird did not respond, Siegel wrote: “The behavior of you, and everyone involved has been despicable. If you can take a moment to step outside whatever game of power you're playing right now and look at the situation maybe you can realize how appalling & honestly traumatizing this has been for me.” Throughout the entire affair, Siegel said, she heard from other women with similar experiences at crypto events. Kelsey Cole, a cryptocurrency cofounder and investor, replied to one of Siegel’s tweets saying she had received rape threats, death threats, and bomb threats since getting into the industry. Another woman, Amanda Goetz, tweeted that she had recently heard from several women in the Bitcoin space about being sexually assaulted. “I no longer go to crypto events for this reason (unless hosted by women)” she tweeted. Siegel said she was nervous about speaking to the media about the incident, for fear it would further ostracize her in the industry. But the messages she received from other women also convinced her that speaking out was necessary. “The zeitgeist of the internet is that it’s just me, but it’s also these dozens of women who are too scared to show themselves because of what happened to me,” she said. She added: “I don’t think this is a story that lives and dies with my ass.” Read more at The Daily Beast. Get the Daily Beast's biggest scoops and scandals delivered right to your inbox. Sign up now. Stay informed and gain unlimited access to the Daily Beast's unmatched reporting. Subscribe now.", "Photo Illustration by Luis G. Rendon/The Daily Beast/Getty/Courtesy Rachel Siegel Crypto isn’t known for being the most gender-inclusive space. But even crypto influencer Rachel Siegel never imagined that a recent industry event would end with a surreptitious photo of her butt going viral on Twitter—and a conference employee egging it all on. Siegel, 30, is a former substitute teacher who claims to have made millions off of crypto by investing small amounts starting in 2017. She now runs a Twitter account with more than 194,000 followers under the handle @CryptoFinally, where she tweets about the market, industry news, and her own life. On April 9, Siegel was among the 25,000 crypto fanatics at the Bitcoin 2022 convention —a four-day extravaganza for fans **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: 2022-05-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $685,753,467,875 - Hash Rate: 211795588.96492893 - Transaction Count: 231623.0 - Unique Addresses: 609656.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoinhas been facing tremendous criticism about its carbon footprint for a long time, but now a campaign led by Greenpeace USA and Ripple chairman Chris Larsen is bolstering said critique. But not everyone agrees with the campaign’s premise — particularly many bitcoin miners andinvestors— and the bitcoin community has been quick to react. Live Blog Updates:SNAP (Food Stamps) and Social Security BenefitsFind:Bitcoin Price Prediction 2022 The “Change The Code, Not The Climate” campaign is aiming to change bitcoin’s software code to use far less energy, according to a statement on Greenpeace’s website — and now, activists are battling mining facilities in their communities, decrying bitcoin’s growing contribution to greenhouse gas pollution. According to the campaign’s manifesto, a software code change would reduce bitcoin’s energy consumption by 99.9%. “Switching to a low-energy protocol has proven effective and uses a fraction of the energy. Ethereum is changing its code. Many others use less energy. Why isn’t bitcoin?” the manifesto on the campaign website reads. The problem — according to the manifesto — is that bitcoin uses an outdated technology called proof-of-work to validate transactions. This proof-of-work method, at least as it currently operates, demands massive amounts of energy — and thus is a huge source of climate pollution. As bitcoin’s price surges, so too does its energy use, the manifesto claims. According to the Cambridge Center for Alternative Finance (CCAF), bitcoin currently consumes around 137 terawatt-hours per year — more than the entire energy usage of some countries, such as Sweden. “This campaign is not anti-bitcoin — it is anti-pollution,” Larsen said in the Greenpeace announcement. “We need to clean up our industry. And the issue is not, as some have suggested, powering bitcoin with clean energy. We need the limited supply of clean energy for other vital uses. The issue is changing the code to use far less energy. That’s the environmentally responsible way forward.” Jason Deane, chief bitcoin analyst atQuantum Economicsand a bitcoin miner, told GOBankingRates that “the impact of this advertising effort and even the concept itself is easy to measure for miners. It is zero.” “Miners fully understand the value of what they do and the fact that a large part of bitcoin’s underlying value is rooted in the linking of money with the laws of thermodynamics. Removing this aspect of the mechanism also removes its value as a truly independent network since the ‘low energy’ alternative isn’t really an alternative in terms of security and independence,” he said. He explained that removing proof-of-work removes the very essence of bitcoin and renders it worthless. “As a result, there are no miners who would consider moving to proof-of-stake, nor even would consider this to ever be a possibility, so it will be business as usual and all planned expansion will continue as before. Profits paid to investors will continue to be based on the exact same formulas as before.” Earlier in March, the Environmental Conservation Committee of the New York State Assembly advanced a bill that would establish a two-year moratorium on cryptocurrency mining operations to avoid environmental impacts in the state, as GOBankingRates previously reported. “The continued and expanded operation of cryptocurrency mining operations running proof-of-work authentication methods to validate blockchain transactions will greatly increase the amount of energy usage in the state of New York, and impact compliance with the Climate Leadership and Community Protection Act,” the text of the legislation reads, in part. Yvonne Taylor, vice president of environmental NGO Seneca Lake Guardian, said in the campaign’s announcement that “Governor Kathy Hochul must act now to curtail outside speculators from wreaking irreversible havoc on our communities and the planet by imposing a moratorium on proof-of-work crypto mining… With 20% of the nation’s climate-killing bitcoin mining, New York has become the wild west for a risky currency favored by authoritarian states and criminals, [and] that’s threatening our very real $3 billion/year agritourism industry including 60,000 jobs.” According to The Block Research’s 2022 Digital Asset Outlook Report, bitcoin miners made more than $15 billion in revenue over the course of 2021, a staggering year-over-year increase of 206%. Mikkel Mørch, executive director at crypto/digital asset hedge fundARK36, told GOBankingRates that while environmental issues around investments shouldn’t be taken lightly, Ripple co-founder Chris Larsen’s efforts to change the code of bitcoin in the name of the climate are “misguided at best but disingenuous at worst.” “Larsen knows that any change in the bitcoin code is unlikely to occur because it would require the support of the majority of bitcoin miners. The problem is that miners don’t have any incentive to choose a proof-of-stake bitcoin because it would make them obsolete and take their very lucrative source of income away from them,” Mørch said. “And even if that happened, a change in the code would really only cause a bitcoin hard fork — a new version of BTC would be born but the older would still exist. It wouldn’t change anything.” Learn:A Complete Guide on How Bitcoin Mining WorksExplore:Crypto Regulation: Proof-of-Work Bitcoin Mining Could Be Banned in New York Due to Climate Concerns Mørch explained that it is a false dilemma that we can either have a proof-of-work bitcoin or an environmentally sustainable bitcoin. “Bitcoin miners are incentivized to seek the cheapest sources of energy and renewables are indeed much cheaper than fossil fuels. Additionally, there is a multitude of cryptocurrencies that already use alternative consensus mechanisms such as the proof-of-stake. Notably,ethereumwill switch to proof-of-stake later this year. So far, however, bitcoin continues to be the largest cryptocurrency by market cap and one that is the most valued. In other words — the free market has already shown a clear preference for the proof-of-work bitcoin,” he said. More From GOBankingRates • 27 Ugly Truths About Retirement • 25 Things You Should Never Do With Your Money • 7 Things You Can Do Right Now to Protect Against Inflation • 18 Reasons Why You Should Be Using Your Credit Cards More This article originally appeared onGOBankingRates.com:Bitcoin Miners Skeptical of Greenpeace Campaign to Alter Crypto Code Over Energy Concerns... - 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:** ['Key Insights: This weekend, Bitcoin (BTC) fell back to sub-$35,000 for the first time since February. There was no weekend relief rally in the wake of Thursday\x92s sell-off, with the broader crypto market also on the slide. Bitcoin\x92s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA. On Saturday, bitcoin ( BTC ) fell for a third consecutive day, with the crypto market finding little support following Thursday\x92s Fed-driven sell-off. Investor sentiment towards inflation and Fed monetary policy continued to hit riskier assets going into the weekend. With no direction coming from the US markets until Monday, the bears remain in control. On Saturday, BTC fell by 1.50%. Following a 1.47% decline on Friday, BTC ended the day at $35,469. Thursday through to Saturday, the crypto total market cap fell by $180 billion to $1,608 billion. Bitcoin Fear & Greed Index Hits Reverse This morning, the Fear & Greed Index slid from 23/100 to 18/100. The decline saw the Index fall deeper into the \x93Extreme Fear\x94 zone. Last month, the Index hit a month high of 53/100 on April 05, which coincided with Bitcoin revisiting $47,000 levels before hitting reverse. The \x93Extreme Fear\x94 zone reflects investor expectations of further price deterioration and is aligned with the technical indicators. Bitcoin Price Action At the time of writing, bitcoin was down by 2.27% to $34,666. A bearish start to the day saw BTC slide through the First Major Support Level at $34,828. BTC faces the prospect of a fourth consecutive day in the red. Technical Indicators Bitcoin will need to move through the First Major Support Level at $34,828 and the day\x92s $35,478 pivot to target the First Major Resistance Level at $36,119. Bitcoin would need broader market support to break out from $35,500. In the event of an extended rally, bitcoin could test the Second Major Resistance Level at $36,119. The Third Major Resistance Level sits at $38,062. Failure to move through First Major Support Level and the pivot would bring the Second Major Support Level at $34,186 into play. Barring another extended sell-off, bitcoin should avoid sub-$33,500. The Third Major Support Level sits at $32,895. Story continues Failure to move through S1 would bring sub-$34,000 into play. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $37,518. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also fell back from the 200-day EMA, BTC negative. A move through the 50-day EMA would support a look at $38,000. Sub-$30,000 now in view as indicators flash red. This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin (BTC) Goes Sub-$35,000 as Investor Sentiment Wanes Hong Kong\x92s next leader endorsed by pro-Beijing elites Global scramble for metals thrusts Africa into mining spotlight Terra (LUNA) Feels the Force of a Bitcoin\x92s Slide to sub-$35,000 Chaos at Apple supplier Quanta shows strains of Shanghai COVID lockdown Russia\x92s Gazprom continues gas exports to Europe via Ukraine', '• This weekend, Bitcoin (BTC) fell back to sub-$35,000 for the first time since February.\n• There was no weekend relief rally in the wake of Thursday’s sell-off, with the broader crypto market also on the slide.\n• Bitcoin’s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA.\nOn Saturday, bitcoin (BTC) fell for a third consecutive day, with the crypto market finding little support following Thursday’s Fed-driven sell-off.\nInvestor sentiment towards inflation and Fed monetary policy continued to hit riskier assets going into the weekend. With no direction coming from the US markets until Monday, the bears remain in control.\nOn Saturday, BTC fell by 1.50%. Following a 1.47% decline on Friday, BTC ended the day at $35,469.\nThursday through to Saturday, the crypto total market cap fell by $180 billion to $1,608 billion.\nThis morning, the Fear & Greed Index slid from 23/100 to 18/100. The decline saw the Index fall deeper into the “Extreme Fear” zone.\nLast month, the Index hit a month high of 53/100 on April 05, which coincided with Bitcoin revisiting $47,000 levels before hitting reverse.\nThe “Extreme Fear” zone reflects investor expectations of further price deterioration and is aligned with the technical indicators.\nAt the time of writing, bitcoin was down by 2.27% to $34,666. A bearish start to the day saw BTC slide through the First Major Support Level at $34,828.\nBitcoin will need to move through the First Major Support Level at $34,828 and the day’s $35,478pivotto target the First Major Resistance Level at $36,119. Bitcoin would need broader market support to break out from $35,500.\nIn the event of an extended rally, bitcoin could test the Second Major Resistance Level at $36,119. The Third Major Resistance Level sits at $38,062.\nFailure to move through First Major Support Level and the pivot would bring the Second Major Support Level at $34,186 into play. Barring another extended sell-off, bitcoin should avoid sub-$33,500. The Third Major Support Level sits at $32,895.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $37,518. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also fell back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a look at $38,000.\nThisarticlewas originally posted on FX Empire\n• Bitcoin (BTC) Goes Sub-$35,000 as Investor Sentiment Wanes\n• Hong Kong’s next leader endorsed by pro-Beijing elites\n• Global scramble for metals thrusts Africa into mining spotlight\n• Terra (LUNA) Feels the Force of a Bitcoin’s Slide to sub-$35,000\n• Chaos at Apple supplier Quanta shows strains of Shanghai COVID lockdown\n• Russia’s Gazprom continues gas exports to Europe via Ukraine', '• This weekend, Bitcoin (BTC) fell back to sub-$35,000 for the first time since February.\n• There was no weekend relief rally in the wake of Thursday’s sell-off, with the broader crypto market also on the slide.\n• Bitcoin’s technical indicators continue to flash red, with Bitcoin sitting well below the 50-day EMA.\nOn Saturday, bitcoin (BTC) fell for a third consecutive day, with the crypto market finding little support following Thursday’s Fed-driven sell-off.\nInvestor sentiment towards inflation and Fed monetary policy continued to hit riskier assets going into the weekend. With no direction coming from the US markets until Monday, the bears remain in control.\nOn Saturday, BTC fell by 1.50%. Following a 1.47% decline on Friday, BTC ended the day at $35,469.\nThursday through to Saturday, the crypto total market cap fell by $180 billion to $1,608 billion.\nThis morning, the Fear & Greed Index slid from 23/100 to 18/100. The decline saw the Index fall deeper into the “Extreme Fear” zone.\nLast month, the Index hit a month high of 53/100 on April 05, which coincided with Bitcoin revisiting $47,000 levels before hitting reverse.\nThe “Extreme Fear” zone reflects investor expectations of further price deterioration and is aligned with the technical indicators.\nAt the time of writing, bitcoin was down by 2.27% to $34,666. A bearish start to the day saw BTC slide through the First Major Support Level at $34,828.\nBitcoin will need to move through the First Major Support Level at $34,828 and the day’s $35,478pivotto target the First Major Resistance Level at $36,119. Bitcoin would need broader market support to break out from $35,500.\nIn the event of an extended rally, bitcoin could test the Second Major Resistance Level at $36,119. The Third Major Resistance Level sits at $38,062.\nFailure to move through First Major Support Level and the pivot would bring the Second Major Support Level at $34,186 into play. Barring another extended sell-off, bitcoin should avoid sub-$33,500. The Third Major Support Level sits at $32,895.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $37,518. This morning, we saw the 50-day EMA pull back from the 100-day EMA, delivering downside pressure. The 100-day EMA also fell back from the 200-day EMA, BTC negative.\nA move through the 50-day EMA would support a look at $38,000.\nThisarticlewas originally posted on FX Empire\n• Bitcoin (BTC) Goes Sub-$35,000 as Investor Sentiment Wanes\n• Hong Kong’s next leader endorsed by pro-Beijing elites\n• Global scramble for metals thrusts Africa into mining spotlight\n• Terra (LUNA) Feels the Force of a Bitcoin’s Slide to sub-$35,000\n• Chaos at Apple supplier Quanta shows strains of Shanghai COVID lockdown\n• Russia’s Gazprom continues gas exports to Europe via Ukraine', '• Terra (LUNA) tumbled by 12.0% on Saturday, following a Friday 6.1% slide.\n• This week, the Luna Foundation Guard (LFG) purchased an additional $1.5bn in bitcoin, which has stumbled to sub-$35,000.\n• Technical indicators are bearish for LUNA, with LUNA sitting below the 50-day.\nOn Saturday, Terra (LUNA) slumped by 12.0%. Following a 6.1% slide from Friday and a 4.4% decline on Thursday, LUNA ended the day at $68.07.\nMarket sentiment towards inflation and Fed monetary policy hit riskier assets on Thursday and Friday. Bearish sentiment spilled over the crypto market, with bitcoin (BTC) sliding to sub-$35,000.\nThis week, the Luna Foundation Guard (LFG)purchasedan additional $1.5 billion in BTC.\nDo Kwon, co-founder, and CEO of Terra Labs, also announced the $1.5 billion BTC purchase onTwitter, saying,\n“LFG acquired 1.5B worth of bitcoin over the last few days.”\nDo Kwon went on to tweet,\n“Worry not about #Bitcoin – it is a fungible freedom to counter fungible state violence in fiat.”\nAdding,\n“And its rise will be inevitable as long as human **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: 2022-05-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $662,882,872,575 - Hash Rate: 229568645.3815663 - Transaction Count: 233892.0 - Unique Addresses: 597305.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.18 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. TORONTO, May 04, 2022 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“ Digihost ” or the “ Company ”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin (“ BTC ”) mining company, is pleased to provide unaudited BTC production results for the month ended April 30, 2022, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Production Highlights for April 2022 Mined 109.03 BTC, resulting in total holdings of 797.28 BTC at the end of April valued at approximately $30.1 million based on a BTC price of $37,715 as of April 30, 2022. Ethereum (“ETH”) holdings of 1,000.89 ETH at the end of April valued at approximately $2.7 million based on an ETH price of $2,730 as of April 30, 2022. Total digital asset inventory value, consisting of BTC and ETH, of approximately $32.8 million as of April 30, 2022. Consistent with the Company’s stated objective to avoid equity dilution for its shareholders, management sold a portion of BTC production during the month to fund its energy costs. Month-Over-Month Comparison The Company mined an additional 33.44 BTC during April 2022 compared to March 2022, an increase of 44%. Based on closing BTC prices on April 30, 2022 and March 30, 2022, the value of the Company’s BTC mined in April increased by approximately $0.7 million, or 20%, month over month. Figure 1. Month-over-month BTC Production Apr-22 Mar-22 MoM Increase Mined BTC 109.03 75.58 33.44 Approximate BTC value $37,715 $45,539 ($7,824 ) Production Value $4,112,066 $3,426,354 $685,712 Year-Over-Year Monthly Comparison The Company increased mining production by 71.51 BTC in April 2022, compared to April 2021, representing an increase of 191%. Based upon closing BTC prices on April 30, 2022 compared to April 30, 2021, the value of the Company’s BTC mined in April 2022 increased by approximately $1.9 million, or 89.8%, compared to April 2021. Story continues Figure 2. Year-over-year Monthly BTC Production Apr-22 Apr-21 MoM Increase Mined BTC 109.03 37.52 71.51 Approximate BTC value $37,715 $57,750 ($20,035 ) Production Value $4,112,066 $2,166,787 $1,945,280 Operations Update During April 2022, Digihost successfully completed electrical testing phases at the Company’s infrastructure buildout in North Tonawanda. The Company demonstrated the ability to sustain aggregate operating levels at approximately 1 EH/s while meeting all internal assessment qualifications. The testing was completed in an efficient manner by temporarily accessing power from the local electrical power grid. As previously disclosed, the Company awaits approval from the New York Public Service Commission to complete the acquisition of this 60 MW power plant in North Tonawanda. The Company anticipates its hashing power will decrease in May 2022 until the acquisition is finalized, and in the interim, has submitted a request to the utility provider for a permanent allocation of power at the North Tonawanda location. Operational Expansion The Company has recently acquired, in escrow, 25 acres of land in North Carolina in conjunction with ongoing negotiations to access a 200MW power infrastructure program that would be expected to be completed and ready for operation by the end of Q3 2023. Green Energy A hallmark of Digihost’s strategic growth plan has been its accessing of clean sources of energy while also being agreeable to on-demand programs with utilities that allow the Company to provide urgent power needs for local communities during extreme weather conditions. The Company is pleased to report that during April 2022 while its BTC mining operation was running at over 1 EH/s, over 90% of the energy consumed by its operations was derived from sources that create zero carbon emissions. At-the-Market Financing Update On March 4, 2022, the Company entered into an offering agreement with H.C. Wainwright & Co., LLC as agent, pursuant to which the Company established an at-the-market equity program (the “ATM Program”). From the commencement of the ATM Program through to the date hereof, the Company has not issued any securities pursuant to the ATM Program. About Digihost Digihost is a growth-oriented blockchain technology company primarily focused on BTC mining. Through its self-mining operations and joint venture agreements, the Company is currently hashing at a rate of approximately 450 PH/s. All hosting fees and joint venture profit sharing are treated as operating expenses in the Company’s consolidated financial statements. For further information, please contact: Digihost Technology Inc. www.digihost.ca Michel Amar, Chief Executive Officer T: 1-818-280-9758 Email: [email protected] Cautionary Statement Trading 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. Forward-Looking Statements Except for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about potential further improvements to profitability and efficiency across mining operations including, as a result of the Company’s expansion efforts, acquisitions of equipment and infrastructure, potential for the Company’s long-term growth, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the ability to obtain regulatory approval for and complete acquisitions of equipment and infrastructure on the terms as announced or at all; the ability to successfully integrate the acquisitions of equipment and infrastructure on an economic basis or at all; future capital needs and uncertainty of additional financing, including the Company’s ability to utilize the Company’s at-the-market offering program (the “ATM Program”) and the prices at which the Company may sell securities in the ATM Program, as well as capital market conditions in general; share dilution resulting from the ATM Program and from other equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; regulatory and other unanticipated issues that prohibit us from declaring or paying dividends to our shareholders that are payable in Bitcoin; continued effects of the COVID19 pandemic may have a material adverse effect on the Company’s performance as supply chains are disrupted and prevent the Company from operating its assets; approval of the Public Service Commission or other regulatory or board approvals being received on a timely basis, or at all; the acquisition of North Tonawanda, New York facilities closing on timely basis, or at all; ability to access additional power from the local power grid; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; the digital currency market; the Company’s ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company’s filings at 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 current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company’s assets going forward; the Company’s ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; the ability to adhere to Digihost’s dividend policy and the timing and quantum of dividends based on, among other things, the Company’s operating results, cash flow and financial condition, Digihost’s current and anticipated capital requirements, and general business conditions; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put... - 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 Chuck Mikolajczak NEW YORK (Reuters) - The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over the Federal Reserve\'s ability to combat high inflation boosted the greenback\'s safe-haven appeal. The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation. On Monday, Minneapolis Fed President Neel Kashkari said the U.S. central bank may not get as much aid from easing supply chains as it is hoping for in helping to cool inflation. Atlanta Fed President Raphael Bostic said he already sees signs of peaking supply pressures and that should give the Fed room to hike at half-percentage-point interest rate increments for the next two to three policy meetings, but nothing bigger. Also contributing to the defensive tone was the ongoing war in Ukraine and concerns about rising COVID-19 cases in China. "Right now, it seems like you have a trifecta of drivers here that are going to keep providing the dollar with solid footing," said Edward Moya, senior market analyst at Oanda in New York. "There’s this belief that you are not going to see any of the major risk factors resolved, definitely not this week, and that is probably going to make it complicated for ending the dollar’s reign." The dollar index fell 0.135% at 103.630 after touching 104.19, its highest level since December 2002, with the euro up 0.15% to $1.0567. The Fed last week raised rates by 50 basis points as it attempts to lower inflation without tilting the economy into a recession, while a solid jobs report on Friday cemented expectations for more rate hikes. Investors will get a look at more inflation readings later this week in the form of the consumer price and producer price indexes. Yields on most U.S. Treasury notes pared early gains to trade lower on Monday as bargain-hunters stepped in after the benchmark 10-year yield hit fresh 3-1/2-year highs of 3.203% as inflation fears continued to roil markets. Story continues On Wall Street, stocks were trading sharply lower as growth stocks were again weighed down by climbing Treasury yields, although major averages were off their worst levels of the day after hitting fresh lows for the year. Markets are completely pricing in a rate hike of at least 50 basis points by the Fed at its June meeting, according to CME Group\'s FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html. The Japanese yen strengthened 0.24% versus the greenback at 130.28 per dollar, while Sterling was last trading at $1.2343, up 0.05% on the day. In cryptocurrencies, Bitcoin last fell 14.93% to $30,679.52 after dropping to $30,321, its lowest since July 21, 2021. Ethereum last fell 16.21% to $2,266.33. (Reporting by Chuck Mikolajczak; Editing by Paul Simao)', 'By Chuck Mikolajczak NEW YORK (Reuters) - The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over the Federal Reserve\'s ability to combat high inflation boosted the greenback\'s safe-haven appeal. The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation. On Monday, Minneapolis Fed President Neel Kashkari said the U.S. central bank may not get as much aid from easing supply chains as it is hoping for in helping to cool inflation. Atlanta Fed President Raphael Bostic said he already sees signs of peaking supply pressures and that should give the Fed room to hike at half-percentage-point interest rate increments for the next two to three policy meetings, but nothing bigger. Also contributing to the defensive tone was the ongoing war in Ukraine and concerns about rising COVID-19 cases in China. "Right now, it seems like you have a trifecta of drivers here that are going to keep providing the dollar with solid footing," said Edward Moya, senior market analyst at Oanda in New York. "There’s this belief that you are not going to see any of the major risk factors resolved, definitely not this week, and that is probably going to make it complicated for ending the dollar’s reign." The dollar index fell 0.135% at 103.630 after touching 104.19, its highest level since December 2002, with the euro up 0.15% to $1.0567. The Fed last week raised rates by 50 basis points as it attempts to lower inflation without tilting the economy into a recession, while a solid jobs report on Friday cemented expectations for more rate hikes. Investors will get a look at more inflation readings later this week in the form of the consumer price and producer price indexes. Yields on most U.S. Treasury notes pared early gains to trade lower on Monday as bargain-hunters stepped in after the benchmark 10-year yield hit fresh 3-1/2-year highs of 3.203% as inflation fears continued to roil markets. Story continues On Wall Street, stocks were trading sharply lower as growth stocks were again weighed down by climbing Treasury yields, although major averages were off their worst levels of the day after hitting fresh lows for the year. Markets are completely pricing in a rate hike of at least 50 basis points by the Fed at its June meeting, according to CME Group\'s FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html. The Japanese yen strengthened 0.24% versus the greenback at 130.28 per dollar, while Sterling was last trading at $1.2343, up 0.05% on the day. In cryptocurrencies, Bitcoin last fell 14.93% to $30,679.52 after dropping to $30,321, its lowest since July 21, 2021. Ethereum last fell 16.21% to $2,266.33. (Reporting by Chuck Mikolajczak; Editing by Paul Simao)', 'By Chuck Mikolajczak NEW YORK (Reuters) - The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over the Federal Reserve\'s ability to combat high inflation boosted the greenback\'s safe-haven appeal. The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation. On Monday, Minneapolis Fed President Neel Kashkari said the U.S. central bank may not get as much aid from easing supply chains as it is hoping for in helping to cool inflation. Atlanta Fed President Raphael Bostic said he already sees signs of peaking supply pressures and that should give the Fed room to hike at half-percentage-point interest rate increments for the next two to three policy meetings, but nothing bigger. Also contributing to the defensive tone was the ongoing war in Ukraine and concerns about rising COVID-19 cases in China. "Right now, it seems like you have a trifecta of drivers here that are going to keep providing the dollar with solid footing," said Edward Moya, senior market analyst at Oanda in New York. "There’s this belief that you are not going to see any of the major risk factors resolved, definitely not this week, and that is probably going to make it complicated for ending the dollar’s reign." The dollar index fell 0.135% at 103.630 after touching 104.19, its highest level since December 2002, with the euro up 0.15% to $1.0567. The Fed last week raised rates by 50 basis points as it attempts to lower inflation without tilting the economy into a recession, while a solid jobs report on Friday cemented expectations for more rate hikes. Investors will get a look at more inflation readings later this week in the form of the consumer price and producer price indexes. Yields on most U.S. Treasury notes pared early gains to trade lower on Monday as bargain-hunters stepped in after the benchmark 10-year yield hit fresh 3-1/2-year highs of 3.203% as inflation fears continued to roil markets. Story continues On Wall Street, stocks were trading sharply lower as growth stocks were again weighed down by climbing Treasury yields, although major averages were off their worst levels of the day after hitting fresh lows for the year. Markets are completely pricing in a rate hike of at least 50 basis points by the Fed at its June meeting, according to CME Group\'s FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html. The Japanese yen strengthened 0.24% versus the greenback at 130.28 per dollar, while Sterling was last trading at $1.2343, up 0.05% on the day. In cryptocurrencies, Bitcoin last fell 14.93% to $30,679.52 after dropping to $30,321, its lowest since July 21, 2021. Ethereum last fell 16.21% to $2,266.33. (Reporting by Chuck Mikolajczak; Editing by Paul Simao)', 'By Chuck Mikolajczak\nNEW YORK (Reuters) - The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over the Federal Reserve\'s ability to combat high inflation boosted the greenback\'s safe-haven appeal.\nThe dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation.\nOn Monday, Minneapolis Fed President Neel Kashkari said the U.S. central bank may not get as much aid from easing supply chains as it is hoping for in helping to cool inflation. Atlanta Fed President Raphael Bostic said he already sees signs of peaking supply pressures and that should give the Fed room to hike at half-percentage-point interest rate increments for the next two to three policy meetings, but nothing bigger.\nAlso contributing to the defensive tone was the ongoing war in Ukraine and concerns about rising COVID-19 cases in China.\n"Right now, it seems like you have a trifecta of drivers here that are going to keep providing the dollar with solid footing," said Edward Moya, senior market analyst at Oanda in New York.\n"There’s this belief that you are not going to see any of the major risk factors re **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $642,123,316,600 - Hash Rate: 229568645.3815663 - Transaction Count: 279511.0 - Unique Addresses: 705421.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.11 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: American Express ( AXP ): The rebound of the travel sector and tourism industry plus a dividend raise create a bullish thesis. Home Depot ( HD ): A pandemic winner with persistent revenue growth. Caterpillar ( CAT ): An infrastructure stock poised to benefit from the $1 trillion U.S. government infrastructure bill. Source: Shutterstock Blue-chip stocks provide a lot of advantages in almost all portfolios. They are shares of very large and well-established companies with a history of strong long-term financial performance. These undervalued blue-chip stocks are ideal for implementing the “set it and forget it” investment axiom. They prove their value under tough market conditions providing attractive returns in both good and bad times for the market. In 2022, the war in Ukraine, rising energy costs and the tighter monetary policy set by the Federal Reserve have all forced us to reckon with the possibility of a recession. Rising interest rates put the valuation of equities on the front row. Blue-chip stocks are high-quality stocks, have a reliable financial track record, are rather stable stocks and often offer an attractive dividend yield. By investing in undervalued blue-chip stocks, you gain a considerable margin of safety. InvestorPlace - Stock Market News, Stock Advice & Trading Tips 7 High-Quality Dividend Stocks With High Yields Here are four undervalued blue-chip stocks to buy now. AXP American Express $186.96 HD Home Depot $306.67 CAT Caterpillar $230.50 American Express (AXP) an American Express (AXP) credit card sticking out of someone's pocket Source: Shutterstock American Express (NYSE: AXP ) has performed strong year-to-date and has been resilient against the broader U.S. stock market decline, as its shares have gains of 14%. Its credit card products and travel-related services are expected to support strong revenue growth as the travel and tourism industry is rebounding from the pre-pandemic levels gradually. A 21% dividend increase in the most recent quarter to 52 cents per common share from 43 cents is highly positive. AXP stock has a trailing twelve months price-to-earnings ratio of 19. The price-to-earnings growth is .11. Story continues American Express’ earnings per share are expected to grow by 11.6% in the next three to five years. Free cash flow growth surged 218% in 2021 to $13 billion while revenue increased 20% to $43 billion and net income grew 157% to $8 billion. The average annual return of AXP stock over the past 10 years has been 13.35%, a return that is indicative of a high-quality stock. Home Depot (HD) Here's Why Home Depot Stock is Worth Buying Over Retailing Rival Lowe's Source: Mihai_Andritoiu / Shutterstock.com Home Depot (NYSE: HD ) has seen its shares surging amid the pandemic as they moved from their March 2020 low of under $185 a share to nearly $417 at the beginning of this year. Right now, it’s down to $300.61 as of April 19, 26.4% off so far this year. The HD stock has a P/E ratio of 20 and a forward dividend & yield of $7.60 and 2.5% respectively. Sales growth accelerated in fiscal years 2021 and 2022 (ending Jan. 31), increasing 20% and 14% respectively, while profitability is very strong with net income growth of 28% in 2022 to $16.43 billion. The company generated consistent positive free cash flow growth from 2019 to 2021. Expected EPS growth of 9.75% is good news, and a PEG of 0.64 signals an undervalued stock . 7 Inflation Resistant Stocks to Buy Now HD stock has a remarkable 10-year average return of 22.14% proving why blue-chip stocks are high-quality companies to invest in. Caterpillar (CAT) Source: astudio / Shutterstock.com Caterpillar (NYSE: CAT ), a leading manufacturer of construction and mining equipment, is poised to benefit a lot from the U.S. government’s $1 trillion infrastructure bill to “rebuild the nation’s deteriorating roads and bridges and fund new climate resilience and broadband initiatives.” This is undeniably a very positive catalyst for CAT stock, which has a P/E ratio of 20 and a forward dividend and yield of $4.44 and 1.9% respectively. In 2022, Caterpillar has already shown a strong momentum as it has outperformed the S&P 500 with its shares having gains of 12%. The PEG is only 0.17, and this company is the textbook definition of a cash flow generation company. It generates consistent positive free cash flow. In 2021, Caterpillar reported a 12.2% increase in free cash flow to $4.73 billion. An undervalued stock is even better if it is expected to show high growth too. The expected EPS growth is 12% , which is very strong. Caterpillar’s business is resilient and very strong, and this has been fully reflected in its stock price history. CAT stock has an average annual return of 10.4% . On the date of publication, Stavros Georgiadis, CFA did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t matter if you have $500 in savings or $5 million. Do this now. Get in Now on Tiny $3 ‘Forever Battery’ Stock Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post 3 Undervalued Blue-Chip Stocks to Buy Now appeared first on InvestorPlace .... - 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:** ['Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nBitcoin (BTC) recovered to around $32,000 on Tuesday morning after a temporary fall to under $30,000 on Monday night amid a sell-off in broader markets caused by the U.S. Federal Reserve\'saggressive monetary tighteningas well as recession fears.\nMonday\'s decline left bitcoin at a 10-month low and set its lowest price this year. Thelast timethe largest cryptocurrency by market cap fell below the $30,000 threshold was on July 20, 2021, when it hit $29,301 before rebounding.\nHowever, bitcoin recovered in European hours on Tuesday as global sentiment slightly improved. European index Stoxx 600 rose 1.46%, while Germany\'s DAX added 1.92%. Meanwhile, futures on Nasdaq 100 Index rose 1.86% a day after valuations plummeted to the lowest in two years. S&P 500 futures were up 1.15%.\nEdward Moya, senior market analyst at Oanda, said:\n"The recent crypto slide is strictly based on the tech share-led sell-off and not fundamentals for the cryptoverse. Bearish momentum could take bitcoin towards the $28,500 level, but that might start to be where some long-term bets come into play. The long-term fundamentals remain in place for bitcoin, but a return to record highs will take a long time. Bitcoin will start to stabilize when the bloodbath on Wall Street ends and right now many investors are still in panic-selling mode."\nSteven McClurg, Valkyrie chief investment officer and co-founder, told CoinDesk TV on Monday:\n"If the Fed continues to raise rates through June and July, we\'ll probably continue to get markets going down all the way through the summer. My expectation though is that due to midterm elections coming up in November, we\'ll probably see the Fed pausing or even lowering rates starting at the September meeting, so that will be the catalyst. We could see the market going back up at that point."\nJeff Dorman, chief investment officer at Arca, wrote in a report:\n"This is just a buyer strike of ultimate proportions, and it remains to be seen what (if anything) will bring buyers back."\nThis month the Federal Reserveraised its benchmark interest rateby 50 basis points (0.5 percentage points) and will likely do so again at its next meeting in June.\nAs part of this market sell-off, the correlation coefficient between bitcoin and the Nasdaq hit an all-time high of 0.8, according to data firm Kaiko. This is considered to be a strong positive correlation.\nUPDATE (May 10, 13:01 UTC):Updated with latest price and stock market information.', 'Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nBitcoin (BTC) recovered to around $32,000 on Tuesday morning after a temporary fall to under $30,000 on Monday night amid a sell-off in broader markets caused by the U.S. Federal Reserve\'saggressive monetary tighteningas well as recession fears.\nMonday\'s decline left bitcoin at a 10-month low and set its lowest price this year. Thelast timethe largest cryptocurrency by market cap fell below the $30,000 threshold was on July 20, 2021, when it hit $29,301 before rebounding.\nHowever, bitcoin recovered in European hours on Tuesday as global sentiment slightly improved. European index Stoxx 600 rose 1.46%, while Germany\'s DAX added 1.92%. Meanwhile, futures on Nasdaq 100 Index rose 1.86% a day after valuations plummeted to the lowest in two years. S&P 500 futures were up 1.15%.\nEdward Moya, senior market analyst at Oanda, said:\n"The recent crypto slide is strictly based on the tech share-led sell-off and not fundamentals for the cryptoverse. Bearish momentum could take bitcoin towards the $28,500 level, but that might start to be where some long-term bets come into play. The long-term fundamentals remain in place for bitcoin, but a return to record highs will take a long time. Bitcoin will start to stabilize when the bloodbath on Wall Street ends and right now many investors are still in panic-selling mode."\nSteven McClurg, Valkyrie chief investment officer and co-founder, told CoinDesk TV on Monday:\n"If the Fed continues to raise rates through June and July, we\'ll probably continue to get markets going down all the way through the summer. My expectation though is that due to midterm elections coming up in November, we\'ll probably see the Fed pausing or even lowering rates starting at the September meeting, so that will be the catalyst. We could see the market going back up at that point."\nJeff Dorman, chief investment officer at Arca, wrote in a report:\n"This is just a buyer strike of ultimate proportions, and it remains to be seen what (if anything) will bring buyers back."\nThis month the Federal Reserveraised its benchmark interest rateby 50 basis points (0.5 percentage points) and will likely do so again at its next meeting in June.\nAs part of this market sell-off, the correlation coefficient between bitcoin and the Nasdaq hit an all-time high of 0.8, according to data firm Kaiko. This is considered to be a strong positive correlation.\nUPDATE (May 10, 13:01 UTC):Updated with latest price and stock market information.', 'Don\'t miss CoinDesk\'s Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin ( BTC ) recovered to around $32,000 on Tuesday morning after a temporary fall to under $30,000 on Monday night amid a sell-off in broader markets caused by the U.S. Federal Reserve\'s aggressive monetary tightening as well as recession fears. Monday\'s decline left bitcoin at a 10-month low and set its lowest price this year. The last time the largest cryptocurrency by market cap fell below the $30,000 threshold was on July 20, 2021, when it hit $29,301 before rebounding. However, bitcoin recovered in European hours on Tuesday as global sentiment slightly improved. European index Stoxx 600 rose 1.46%, while Germany\'s DAX added 1.92%. Meanwhile, futures on Nasdaq 100 Index rose 1.86% a day after valuations plummeted to the lowest in two years. S&P 500 futures were up 1.15%. BTC down: What experts are saying Edward Moya, senior market analyst at Oanda, said: "The recent crypto slide is strictly based on the tech share-led sell-off and not fundamentals for the cryptoverse. Bearish momentum could take bitcoin towards the $28,500 level, but that might start to be where some long-term bets come into play. The long-term fundamentals remain in place for bitcoin, but a return to record highs will take a long time. Bitcoin will start to stabilize when the bloodbath on Wall Street ends and right now many investors are still in panic-selling mode." Steven McClurg, Valkyrie chief investment officer and co-founder, told CoinDesk TV on Monday: "If the Fed continues to raise rates through June and July, we\'ll probably continue to get markets going down all the way through the summer. My expectation though is that due to midterm elections coming up in November, we\'ll probably see the Fed pausing or even lowering rates starting at the September meeting, so that will be the catalyst. We could see the market going back up at that point." Jeff Dorman, chief investment officer at Arca, wrote in a report: "This is just a buyer strike of ultimate proportions, and it remains to be seen what (if anything) will bring buyers back." This month the Federal Reserve raised its benchmark interest rate by 50 basis points (0.5 percentage points) and will likely do so again at its next meeting in June. As part of this market sell-off, the correlation coefficient between bitcoin and the Nasdaq hit an all-time high of 0.8, according to data firm Kaiko. This is considered to be a strong positive correlation. UPDATE (May 10, 13:01 UTC): Updated with latest price and stock market information. View comments', 'Terra’s stablecoin UST, the poster child for decentralized assets tied to the US dollar, rebounded sharply on Tuesday as it climbed to $0.92 after plunging 40% below its dollar peg, to $0.60, on Monday.\nLUNA remains in free-fall, javing lost half its value in the last 24 hours inmid-morning tradingLondon time.\nUST has been the most successful example of an algorithmic stablecoin, or a stable asset which depends on an internal algorithm that manages its supply and demand to maintain its peg. Developers have tried to create these self-regulating assets for years, with many crashing and burning along the way.\nIn Terra’s case, 1 UST can always be redeemed for $1 worth of LUNA. This mechanism incentivizes arbitrageurs to buy UST when it trades under $1, redeem it for $1 worth of LUNA, and sell the LUNA for a profit. Conversely, when UST trades above $1, investors can mint 1 UST with $1 worth of LUNA and sell the UST for a profit.\nA crisis of confidence has ensnared UST as investors are exiting their holdings en masse.\nUST is trading at 66 cents on the dollar with nearly $1.7B in trading volume on the centralized exchange Binance alone.\nThe trouble began on May 7 when a few large investorssoldmore than $500M in UST positions on Anchor, thepopular savings protocolthat serves as the largest supply sink for UST.\nDeposits onAnchorhave fallen by half since Friday from $14B to $7B.\nAt the time, Terrabrushed offconcerns, but the market wasn’t so sure as LUNA, the token backing UST, started to deepen its slide.\nThe steady depletion of liquidity from the UST Curve pool as users swapped UST for other stablecoins can be seen in thisDune dashboard.\nEarlier today, the Luna Foundation Guard (LFG) deployed $1.5B of its reserves in an attempt to defend the UST peg. According to theproject, $750M worth of Bitcoin and $750M have been loaned to market makers to support peg restoration efforts.\nDespite these moves, investors began to panic after the market capitalization of LUNAfell belowthat of UST just after 1pm Eastern time, meaning there is simply not enough value in LUNA to **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $596,983,218,933 - Hash Rate: 226823707.2333046 - Transaction Count: 279658.0 - Unique Addresses: 714602.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NFTs have been polarizing from the start. When these pricey, crypto-backed JPEG files wormed their way into the mainstream early last year, there were far more questions than answers about what these things could actually do, and what, if anything, they meant for the future of digital art. The biggest and most pressing of those questions had to do with non-fungible tokens’ relative energy consumption: Bitcoin (BTC) and other cryptocurrencies have long been known to require huge amounts of energy, much of which comes from cheap fossil fuels. How exactly do NFTs fit into that existing framework, and what’s the responsibility of artists looking to put their work on the blockchain? This article is part of CoinDesk’s Mining Week series. Kyle McDonald is an independent researcher and artist looking to answer some of these questions. Inspired by an online challenge from cantankerous bitcoin advocate [and CoinDesk columnist] Nic Carter, McDonald created a dashboard for determining the percentage of Ethereum transactions attributable to NFTs. Late last year, he shared another dashboard, this time looking at the emissions of the entire Ethereum network. His work is informed by lessons learned from the early NFT backlash. Even if we understand in some vague way that crypto is bad for the environment, it’s important to have hard, current data to back it up. Last spring, Memo Akten, an artist and assistant professor at the University of California at San Diego, devised his own methodology for calculating the carbon cost of a single NFT transaction on the Ethereum blockchain, and publicized it in a series of viral posts on social media; he took them down soon afterward, citing their role in directing “abuse and harassment” toward artists engaging with NFTs. (McDonald points to several errors in his work, which may have over-indexed those emissions numbers.) Another viral anti-crypto post from last spring called the ecological cost of NFTs a “crime against humanity,” but mostly cited studies that were woefully out of date. Blockchains are essentially giant public lists of transactions; in order to add a new transaction to the ledger, it’s verified trustlessly by a network of computers running special software. That verification process is at the heart of what makes blockchain networks “decentralized.” There’s no one central actor (say, a bank) signing off on every transaction and making sure it’s good to go. It can also happen in one of a few different ways. These different processes are known as “consensus mechanisms” – the means by which this network of computers reaches agreement as to which transactions are legit. Story continues The oldest consensus mechanism, known as “proof-of-work,” is structured as a kind of race between all the computers in the network: The first to crunch enough numbers and solve a complicated math problem is rewarded with a certain amount of the blockchain’s native token. It uses by far the most energy of any mainstream consensus mechanism, and is also the most popular. Bitcoin, Ethereum, Dogecoin, Monero,and Zcash all operate this way. Proof-of-work’s big rival is proof-of-stake – a consensus mechanism that selects computers to verify transactions according to the amount of cryptocurrency held, as opposed to the amount of computing power expended on one of those math problems. It uses significantly less electricity than proof-of-work. Read More: What Is Cryptojacking? How to Protect Yourself Against Crypto Mining Malware Scientists and data researchers tend to agree there’s already one sterling resource for quantifying the energy consumption of the bitcoin network, from Cambridge University’s Centre for Alternative Finance. Even Cambridge’s numbers are essentially guesses – its low estimates for energy consumption are 1/10th of the high estimates – but the analysis is more rigorous than it is for any comparable metrics for Ethereum. (The most commonly cited dashboard for Ethereum comes from Alex de Vries, the blogger and researcher behind the website Digiconomist.) Looking past the hyperbole, McDonald’s work targets the numbers themselves, incorporating far-reaching data about chip performance and energy mixes for international power grids. In a recent conversation with CoinDesk, McDonald explained how he put his Ethereum energy dashboards together, and what he thinks about the responsibility of artists making their way into the fraught crypto space. The following Q&A has been edited and condensed. How did your dashboards end up growing out of the debate around NFTs and carbon emissions? I made the NFT activity one first, directly in response to Nic [Carter’s] bounty. Nic's bounty came about because there was a lot of discussion around that time about the emissions of art NFTs. This all started with Memo Akten releasing his crypto.wtf NFT emissions calculator, and then people started using it not just to check on their own emissions but to shame other artists for their emissions. And there are some problems with Memo's calculator. He had a bug in there for a little bit, where I think it pooled the entire emissions for the entire Foundation smart contract, and if you put one artwork in, it would end up pulling the entire platform. [Foundation is a popular NFT marketplace – it launched on Ethereum, switched to a low-emissions layer 2, or companion, system called xDai in late 2020 and then eventually switched back to Ethereum.] It just made it look like anybody who put in from that platform had a ton of emissions that was super-disproportionate to anybody else. And eventually he took it down, because he felt like his main point had been made. But around that time, and I think even before he took it down, Nic posted this bounty saying, “I don't think that NFTs are the majority of the activity on the Ethereum – maybe it's misplaced to be blaming artists for the emissions of Ethereum when it's not even the main thing that Ethereum’s doing.” And this was true. It’s always been less than 20% of Ethereum activity, with a few brief spikes. I think, though, that he was also engaging with his other question, which was how do we assign responsibility for emissions within this network where emissions do not go up or down depending on how many people are using the network? And then there was this third thing, which was like, “Are these emissions numbers that we're working from in the first place even right?” There's this paradigm in carbon accounting where if you can't really find a direct correlation – like a marginal change in emissions – based on your use of a service, then one way that you can compute emissions is by looking at how much you pay for that service versus how much that service is raking in from everybody. This is an idea called value-based carbon accounting, and that's sort of the approach I've been taking when thinking about NFTs. It comes down to transaction fees. What people are paying to use the system should be a kind of proportional marker of what their emissions responsibility is. So instead of looking at the number of transactions, I look at the fees to make an estimate of what percentage of the Ethereum network’s emissions belong to NFTs. And that's been hovering somewhere between 15% and 20% for the last few months. And it was also around 15% to 20%, towards the end of last year, with a little lull around the New Year. What about the overall emissions dashboard? I started working on that because when the first NFT debate was happening, with Memo’s stuff, there were people like Sterling Crispin and other artists who were pushing back and saying, “All this stuff is based on the work from Alex de Vries – Digiconomist – and who even trusts his stuff? Is this really good science?” I think Alex actually has done a lot of great work on this topic, but he's also very loud and opinionated. And he has, I think, created some misdirection. For example, he talks about, “per-transaction emissions.” And I understand why he does that, it gives you a useful understanding of scale. But it also misleads people by making them think that every transaction has a marginal [cost in] energy or emissions. And so he's gotten a lot of blowback from the crypto community for those kinds of things. I saw that and I thought, to have this discussion we need to have some kind of trustworthy source. Where are we going to find that? I need to know, what is the data center overhead, the PUE [power usage effectiveness]? What is the grid loss for the different places where Ethereum is running? What is the hashing efficiency of all the different GPUs [graphics processing units], or the PSU [power supply unit] efficiencies? I tried to do my best to get real answers to each of these questions, and then piece them together like a big puzzle. I looked at a ton of GPU benchmarks and really tried to understand how hashing efficiency has changed over time with the release of different GPUs. How do you even begin figuring that out? How many of these data farms and mining centers actually report what equipment they’re using, and what sources their power grids are drawing energy from? There’s a few good tricks here. Once you know that 30% or 40% of the mining is happening in China around 2020, then you can look at China and say, “Well, what do we know about China?” We know that miners are moving from South China, like, Sichuan, to Xinjiang in the Northwest, and they're going back and forth with the wet season. So they can take advantage of the hydropower. And then you can find basically government documents from China, as well as external estimates of the energy mix from companies that are interested in getting good prices for their electricity, and use that as a proxy for understanding what the energy mix of the miners is. There's always the possibility that, you know, a bunch of the mining in a region is actually off-grid, and it's using electricity sources that are not connected to the grid at all, but I haven't found an indicat... - Reddit Posts (Sample): [['u/Dutchsteam', 'For those who buy the dip…', 14, '2022-05-10 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/um2lu9/for_those_who_buy_the_dip/', 'Anyone who buys this dip on the pure argument that btc bullruns are cyclical are moonboys who don’t have the slightest idea how macro economics work.\n\nI’m making this post, not to contribute to the echo chamber that this sub has become, neither to counter this echo chamber. I am quite comfortable where I am and am not looking to hand out economic advice. But the sheer amount of ignorance regarding basic economics is quite worrisome. \nThis is why I am making this post, to remind people that macro economics comes before everything. \n\nYes btc runs are cyclical, as far as you can call 3 bullruns cyclical. Yes I also stil hold positions that I am not willing to sell pure for that reason however, these are not much.\n\nEconomic busts and booms are the grand-daddy of cycles. We have just entered the biggest economic downtrend we will see in the past years, one that will be greater than the housing bubble and the dotcom bubble combined. There are good, sound arguments for this to happen and the cracks are already very much present. \n\n[great video of the explanation of not seeing some cycles](https://youtu.be/xguam0TKMw8)\n\nPeople in this sub however, seem to forget this…\n\nI too will buy more… when the timing is right. The economic conjecture is at the moment in a big downtrend, one of which the bottom is still far down to even see. \n\nWe are on the brink of a new major war that will break the ‘long peace’ period.\n\nThere is more money printed in the last 3 years than ever before. :\n\n[Chart of amount of money printed](https://mobile.twitter.com/northmantrader/status/1331185892615139328)\n\nWe still have huge supplychain issues that are driven by the pandemic that is still very much going on.\n\nNormally a big economic bust is driven by one of these, but there are 3 major factors in play now. And these factors are huge in and of themselves.\n\nThe reason I wanted to remind people is because there are a lot of ignorant beginners here that have no idea of economics, that make posts of buying dips, that get huge traction. \n\nThe posts most people don’t see is of people who admit of losing everything, of having to sell money they got with loans (there is something to say on that matter in and of itself but I digress).\n\nWhen we see red, it means people are losing. And please consider more factors of macro economics before telling people to buy the dip.\n\nThat’s all.', 'https://www.reddit.com/r/CryptoCurrency/comments/um2lu9/for_those_who_buy_the_dip/', 'um2lu9', [['u/Bucksaway03', 29, '2022-05-10 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/um2lu9/for_those_who_buy_the_dip/i7z4ds7/', "I'm not going to pretend like I know what's happening so I'll just continue my buys every 5 days", 'um2lu9'], ['u/OpticallyMosache', 12, '2022-05-10 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/um2lu9/for_those_who_buy_the_dip/i7z5a34/', "I buy the downtrends instead of buying the uptrends. I assume the price will continue to bleed down but I feel no regret buying at the bottom of a huge red day. I resist buying at the top of a huge green day. The buys I've made on the way down, turn into profit much more often than had I bought on the way up.", 'um2lu9']]], ['u/trees_trees_trees_tr', 'Turns out Bitcoin really is a hedge', 137, '2022-05-10 00:34', 'https://www.reddit.com/r/Buttcoin/comments/um3ab5/turns_out_bitcoin_really_is_a_hedge/', 'Every time my stock investments plummet in value and it makes me feels bad, bitcoin plummets even more and that cheers me back up!', 'https://www.reddit.com/r/Buttcoin/comments/um3ab5/turns_out_bitcoin_really_is_a_hedge/', 'um3ab5', [['u/StableCoinScam', 34, '2022-05-10 00:37', 'https://www.reddit.com/r/Buttcoin/comments/um3ab5/turns_out_bitcoin_really_is_a_hedge/i7z88d9/', 'Comedy gold insures...', 'um3ab5'], ['u/robyr', 11, '2022-05-10 00:43', 'https://www.reddit.com/r/Buttcoin/comments/um3ab5/turns_out_bitcoin_really_is_a_hedge/i7z8yny/', "My portfolio losses aren't even really that bad. Maybe it's mostly because I have been in more stable investments since Q4 2021 and shying away from tech, but I am only down a little over 2% YTD which I am kinda shocked about. I don't even look at the brokerage accounts and finally looked today. I expected way worse losses.", 'um3ab5'], ['u/ideas4mac', 12, '2022-05-10 01:07', 'https://www.reddit.com/r/Buttcoin/comments/um3ab5/turns_out_bitcoin_really_is_a_hedge/i7zc6yn/', "Took a dividend check to the bank today. And they gave me some dollars. Always puts a smile on my face. Have no idea where the price of the stock closed. Best of luck no matter what you're invested in.", 'um3ab5'], ['u/savsec', 16, '2022-05-10 01:26', 'https://www.reddit.com/r/Buttcoin/comments/um3ab5/turns_out_bitcoin_really_is_a_hedge/i7zejxt/', "Sucker! Those dollars are gonna be worthless in a few years! You should have asked for your dividend of ~~1500000 Sats~~ ~~1000000 Sats~~ ~~500000 Sats~~. It's fine. 1 BTC = 1 BTC.", 'um3ab5']]], ['u/Austins-Reddit', 'For Those Spouting "Go to X to get 19% APY", the Risk is Evident Today', 64, '2022-05-10 01:11', 'https://www.reddit.com/r/CelsiusNetwork/comments/um436y/for_those_spouting_go_to_x_to_get_19_apy_the_risk/', 'I\'ve seen a lot of r/CelsiusNetwork mention to go to UST to get upwards of 19% APY. "Why would you stay with Celsius?"\n\nUST is a stablecoin used on Anchor to generate this yield. Typically 1 UST = $1. Today, that has reached as low as $1 = 0.833 (a 16.54% drop)/ Yikes.\n\n37,180 BTC that originated from the Luna foundation wallet is being transferred to Gemini exchange:\n\n[https://www.blockchain.com/btc/tx/2195e45c27826de5ea6086ea5d35d0c00485079910d24b8dd96972f8d7faa7e0](https://www.blockchain.com/btc/tx/2195e45c27826de5ea6086ea5d35d0c00485079910d24b8dd96972f8d7faa7e0)\n\n​\n\nThis is the risk you get with such an APY. I\'m interested on if Celsius uses Anchor Protocol when we lend them some of our coins...\n\n​\n\n/edit\n\nUST is hit 0.7 per dollar', 'https://www.reddit.com/r/CelsiusNetwork/comments/um436y/for_those_spouting_go_to_x_to_get_19_apy_the_risk/', 'um436y', [['u/BroodingToiletLicker', 28, '2022-05-10 02:07', 'https://www.reddit.com/r/CelsiusNetwork/comments/um436y/for_those_spouting_go_to_x_to_get_19_apy_the_risk/i7zjzko/', 'Celsius added UST literally last week. Talk about bad timing.\n\nTechnically, they only owe 12% in UST or CEL. So 12% of UST is 12% of UST, whether UST is $1 or $0.10. So as far as user funds in UST, it’s safe and Celsius doesn’t need to compensate them for a depeg nor does Celsius realize a loss.\n\nNow, as far as the depeg and other non-UST funds that were converted to UST, Celsius would now be sitting at a -19% loss. So I would hope their risk-management has kicked in and they’re taking the usual steps that they do during a market downturn.', 'um436y'], ['u/killerbear2099', 21, '2022-05-10 02:40', 'https://www.reddit.com/r/CelsiusNetwork/comments/um436y/for_those_spouting_go_to_x_to_get_19_apy_the_risk/i7zoeue/', 'I just used Vauld for a month to make $50 (12.5% ApY) and then proceeded to transfer it back to my bank for a $50 fee ;]', 'um436y'], ['u/Glimmer_III', 11, '2022-05-10 04:41', 'https://www.reddit.com/r/CelsiusNetwork/comments/um436y/for_those_spouting_go_to_x_to_get_19_apy_the_risk/i804efa/', "OP wasn't trying to be jerk. But your question is overly broad and would be its own post on a less specific sub.\n\nThey're all stable coins, but not all stable coins are equal, built on the same tech, nor have the same approach to how they maintain their stability.\n\nBest advice is this: \n\nIf you see _any_ letters which are not identical to something you are already intimately familiar with, google at least 3-4 articles about it before you try to interact with it.\n\nIf you don't, that's a good way to loose your coins sending them to the wrong network, misunderstanding the risk, etc.\n\n(And while you're at it with the three above, it's prudent to put USDT and DAI into the mix since they are other major players in the stable coin space.)", 'um436y'], ['u/Snoo-32401', 16, '2022-05-10 06:43', 'https://www.reddit.com/r/CelsiusNetwork/comments/um436y/for_those_spouting_go_to_x_to_get_19_apy_the_risk/i80ihuy/', 'Everyone’s talking about Tether’s collapse then UST collapsed.', 'um436y']]], ['u/flying_cofin', 'Grab your popcorn boys. Microstrategy might get margin called.', 40, '2022-05-10 01:20', 'https://www.reddit.com/r/Buttcoin/comments/um49vq/grab_your_popcorn_boys_microstrategy_might_get/', 'Michael Saylor has leveraged his company Microstrategy to the tits on Bitcoin. If Bitcoin drops to $21,000, he is going to get a big fucking Margin call which the dude doesn’t have money for. He will have to liquidate personal Bitcoin holdings or bank will liquidate Microstrategy’s Bitcoin holdings to cover the call. \n\nMassive Bitcoin dump will lead to further downward pressure as people exit to save whatever value they can get and things could get real fucking ugly real fucking fast.\n\nhttps://markets.businessinsider.com/news/stocks/microstrategy-stock-price-bitcoin-21000-margin-call-level-crypto-decline-2022-5?amp\n\nhttps://fortune.com/2022/05/04/michael-saylor-microstrategy-margin-call-bitcoin/amp/', 'https://www.reddit.com/r/Buttcoin/comments/um49vq/grab_your_popcorn_boys_microstrategy_might_get/', 'um49vq', [['u/flying_cofin', 29, '2022-05-10 01:36', 'https://www.reddit.com/r/Buttcoin/comments/um49vq/grab_your_popcorn_boys_microstrategy_might_get/i7zfx9a/', 'Do you think a Bank will accept more of the same garbage as Collateral? Horseshit that has already reduced by 60% in a matter of months.', 'um49vq'], ['u/HugeBernie', 26, '2022-05-10 02:07', 'https://www.reddit.com/r/Buttcoin/comments/um49vq/grab_your_popcorn_boys_microstrategy_might_get/i7zjyz9/', 'Michael Saylor is the 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:** ['Following a massive shedding of cryptocurrencies and other risky assets by investors, the stablecoin TerraUSD (UST) “de-pegged” from its essential $1 value this week, while its sister token Luna dropped 79% from $82 to $17.2 over five days.\nIn a fight to save both cryptocurrencies, the Luna Foundation Guard (LFG), a nonprofit supporting the Terra blockchain, has deployed $1.5 billion in bitcoin and UST loans.\nWhether the stablecoin fully recovers or collapses, the ongoing battle could have a lasting impact on the crypto market.\n“Besides the obvious, real money and people’s livelihoods are at stake, these types of crypto monetary experiments are important for the evolution of the space,” John Kramer, head of over-the-counter and DeFi trading with GSR, told Yahoo Finance. “Whether UST ultimately recovers or collapses, it motivates others to build more robust stablecoin alternatives.”\nOn Saturday, the LFG began removing approximately$150 million in USTfrom the decentralized exchange Curve. The move unintentionally sparked a multi-million dollar sale of the stablecoin, according to public comments from Do Kwon, the 30-year old co-founder and creator of Terraform Labs and member of the LFG.\nMinutes after LFG removed its funds, an unknown address sold $84 million in UST on crypto exchange Binance. Demand for UST became “off balance” on Curve, according to Lily Francus, a director of quantitative trading strategy with Moody’s, spurring more holders to sell for better-yielding stablecoins.\nBy midday Monday, UST’s value had fallen 5% to 95 cents per coin — not bad relative to bitcoin which lost 11% — but far more significant given how past stablecoins have plunged towards collapse in similar “de-pegging” events, Francus told Yahoo Finance.\nBy Monday evening, UST had plummeted 30% from 99 cents to 69 cents. Its sister token, Luna — a crypto once among the top 10 by market capitalization — fell from $60 to $25. It has since tumbled to $17 per unit, but that’s still a 55% drop over the past 24 hours.\nRyan Clemens, an assistant professor of Business Law and regulation at the University of Calgary, isn’t surprised by the turn of events.\n“Algorithmic stablecoins are based on confidence and trust in the economic incentives of the stablecoin issuer\'s underlying ecosystem. Once that trust and investor demand evaporates, they quickly fail in a death spiral,” Clemens wrote in an email to Yahoo Finance. “And we saw that.”\nUnlike cryptocurrencies — which are known to fluctuate widely — the point of stablecoins is to provide price stability for commercial payments and a safe haven from volatility for investors.\nStablecoins peg their value to another asset, most often the U.S. dollar, with the aim of wavering as little as possible from that asset’s value.\nWhile the largest stablecoin projects — such as Tether (USDT) and Circle’s USD Coin (USDC) — are backed by assets and have faced regulator scrutiny on the quality of their reserves, UST’s approach is far more radical. It’s an algorithmic stablecoin, which primarily uses market mechanics to manage the asset peg by linking UST with its sister coin, Luna.\n“In theory, these mechanics ensure traders can always swap $1 worth of UST for $1 worth of Luna, which has a floating price,” said Walter Teng, a Defi strategist with research firm, Fundstrat.\nA big part of UST’s appeal is it also offers a 19.5% annual percentage yield (APY) on Anchor, a lending and borrowing protocol on the Terra blockchain, returns that are magnitudes what traditional bank accounts and most other stablecoins provide. As a result, Anchor holds 56% of UST’s total $17.5 billion circulating supply.\nThat means Anchor\'s health serves as a proxy for UST’s health, according to Teng.\nBut Anchor can’t afford the interest it pays out to borrowers and instead relies on its “yield reserves,” Teng said. And if nothing changes this month, Anchor has less than 50 days before it runs out of funds, according to a model Teng shared with Yahoo Finance, which doesn’t account for any funds from UST’s external backers.\nSince February, LFG has been preparing for such a scenario by buying Bitcoin and Avalanche tokens (AVAX), so it can step in as a buyer of last resort to defend its $1 peg by selling reserves. As of last week, LFG held 80,394 bitcoins, roughly $3 billion at the time of its acquisitionannouncement.\nAs of Monday afternoon, LFG had taken out a $150 million credit loan, and Kwon announced that LFG agreed to issue a $1.5 billion loan denominated in bitcoin and UST.\nThe fight for UST to retain its $1 peg could have significantly negative ramifications for other parts of the crypto market — especially bitcoin.\n“It all depends on how aggressively they need to defend the peg,” Bennet Tomlin, a data scientist and financial investigator, told Yahoo Finance.\n“Any protocol that involved UST as collateral could see liquidations, any swaps trading that depended on UST could be somewhat impaired,” Tomlin added. “Loss of confidence in UST could cause loss of confidence in other algorithmic stablecoins.”\nAfter reports surfaced Monday that major crypto exchange Binance was not allowing trading of UST to customers unless transacted below a 70-cent, per-unit price limit, the exchange announced it had temporarily suspended withdrawals of UST and Luna due to “network slowness and congestion.”\nAs of Tuesday afternoon, Anchor had added Solana (SOL) as an asset traders could borrow against. Kwon said over Twitter his team is “close to announcing a recovery plan.”\n"Hang tight," Kwon added.\nWhile UST’s fate continues to develop, the parties likely to pay the most will be backers hoping to save UST and probably, retail investors, according to Moody’s Francus.\n“Like always,” she added.\nTomlin is less concerned about the venture capitalist firms.\n“The cost basis for venture capitalists who invested in Luna is well under a dollar. They can weather nearly any drop,” he said. “The real risk is for retail investors and others who joined later, especially near the peak value for Luna of over $110.”\nDavid Hollerith covers cryptocurrency for Yahoo Finance. Follow him@dshollers.\nRead the latest financial and business news from Yahoo Finance\nFollow Yahoo Finance onTwitter,Instagram,YouTube,Facebook,Flipboard, andLinkedIn', 'Following a massive shedding of cryptocurrencies and other risky assets by investors, the stablecoin TerraUSD (UST) “de-pegged” from its essential $1 value this week, while its sister token Luna dropped 79% from $82 to $17.2 over five days. In a fight to save both cryptocurrencies, the Luna Foundation Guard (LFG), a nonprofit supporting the Terra blockchain, has deployed $1.5 billion in bitcoin and UST loans. Whether the stablecoin fully recovers or collapses, the ongoing battle could have a lasting impact on the crypto market. “Besides the obvious, real money and people’s livelihoods are at stake, these types of crypto monetary experiments are important for the evolution of the space,” John Kramer, head of over-the-counter and DeFi trading with GSR, told Yahoo Finance. “Whether UST ultimately recovers or collapses, it motivates others to build more robust stablecoin alternatives.” What happened? On Saturday, the LFG began removing approximately $150 million in UST from the decentralized exchange Curve. The move unintentionally sparked a multi-million dollar sale of the stablecoin, according to public comments from Do Kwon, the 30-year old co-founder and creator of Terraform Labs and member of the LFG. Minutes after LFG removed its funds, an unknown address sold $84 million in UST on crypto exchange Binance. Demand for UST became “off balance” on Curve, according to Lily Francus, a director of quantitative trading strategy with Moody’s, spurring more holders to sell for better-yielding stablecoins. By midday Monday, UST’s value had fallen 5% to 95 cents per coin — not bad relative to bitcoin which lost 11% — but far more significant given how past stablecoins have plunged towards collapse in similar “de-pegging” events, Francus told Yahoo Finance. By Monday evening, UST had plummeted 30% from 99 cents to 69 cents. Its sister token, Luna — a crypto once among the top 10 by market capitalization — fell from $60 to $25. It has since tumbled to $17 per unit, but that’s still a 55% drop over the past 24 hours. Story continues Ryan Clemens, an assistant professor of Business Law and regulation at the University of Calgary, isn’t surprised by the turn of events. “Algorithmic stablecoins are based on confidence and trust in the economic incentives of the stablecoin issuer\'s underlying ecosystem. Once that trust and investor demand evaporates, they quickly fail in a death spiral,” Clemens wrote in an email to Yahoo Finance. “And we saw that.” How stable is UST stablecoin? (Photo: Getty Creative) (Gladiathor via Getty Images) Unlike cryptocurrencies — which are known to fluctuate widely — the point of stablecoins is to provide price stability for commercial payments and a safe haven from volatility for investors. Stablecoins peg their value to another asset, most often the U.S. dollar, with the aim of wavering as little as possible from that asset’s value. While the largest stablecoin projects — such as Tether (USDT) and Circle’s USD Coin (USDC) — are backed by assets and have faced regulator scrutiny on the quality of their reserves, UST’s approach is far more radical. It’s an algorithmic stablecoin, which primarily uses market mechanics to manage the asset peg by linking UST with its sister coin, Luna. “In theory, these mechanics ensure traders can always swap $1 worth of UST for $1 worth of Luna, which has a floating price,” said Walter Teng, a Defi strategist with research firm, Fundstrat. Waning UST health A big part of UST’s appeal is it also offers a 19.5% annual percentage yield (APY) on Anchor, a lending and borrowing protocol on the Terra blockchain, returns that are magnitudes what traditional bank accounts **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: 2022-05-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $575,665,512,812 - Hash Rate: 225257597.8912952 - Transaction Count: 262683.0 - Unique Addresses: 694927.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The gold futures contract lost 1.06% on Wednesday, Mar. 16. following its Tuesday’s decline of 1.6%, as it extended a downward correction after rallying to new medium-term high of $2,078.80 on Mar. 8. Yesterday the daily low was at $1,895.20 and this morning the yellow metal is bouncing up to around $1,950 following yesterday’s FOMC Statement and their interest rate increase announcement. Gold is retracing some of the recent decline, as we can see on the daily chart (the chart includes today’s intraday data): Gold is 0.9% higher this morning, as it is trading closer to the $1,950 level. What about the other precious metals? Silver is 1.4% higher, platinum is 0.8% higher and palladium is 2.6% higher. So the main precious metals’ prices are higher this morning. Yesterday’s Retail Sales release has been worse than expected at only +0.2%. The markets reacted on the FOMC release at 2:00 p.m. and we’ve seen an increased volatility. Gold price bounced from the mentioned new local low. Today we will get the Unemployment Claims, Philly Fed Manufacturing Index, Building Permits, Housing Starts, Industrial Production and Capacity Utilization Rate releases. The markets will still continue to react to the ongoing Russia-Ukraine war news. Where would the price of gold go following yesterday’s Fed release? We’ve compiled the data since January of 2017, a 60-month-long period of time that contains of forty two FOMC releases. The first chart shows price paths 5 days before and 10 days after the FOMC release. The latest FOMC Statement release came out on January 26. Gold price was 0.4% higher 10 days after the release. The following chart shows average gold price path before and after the FOMC releases for the past 42 releases. The market was usually declining ahead of the FOMC day. Then it was going up for a week-long period. We can see that on average, gold price was 0.66% higher 10 days after the FOMC Statement announcement. Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days. Story continues Thursday, March 17 5:30 a.m. Eurozone – ECB President Lagarde Speech 8:00 a.m. U.K. – Monetary Policy Summary, MPC Official Bank Rate Votes, Official Bank Rate 8:30 a.m. U.S. – Unemployment Claims, Philly Fed Manufacturing Index, Building Permits, Housing Starts 9:15 a.m. U.S. – Industrial Production m/m, Capacity Utilization Rate Tentative, Japan – Monetary Policy Statement, BOJ Policy Rate Friday, March 18 10:00 a.m. U.S. – Existing Home Sales, CB Leading Index m/m Tentative, Japan – BOJ Press Conference For a look at all of today’s economic events, check out our economic calendar . Paul Rejczak Stock Trading Strategist Sunshine Profits: Analysis. Care. Profits. * * * * * Disclaimer All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits’ associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice. This article was originally posted on FX Empire More From FXEMPIRE: Ukraine President Enacts a Law To Legalize Crypto As Donations Pour-In EUR/USD Building Momentum for Test of 1.1098 – 1.1151 Silver Markets Recover Quite Nicely US Dollar Continues to Levitate Against Japanese Yen Bitcoin and ETH Print Bullish Pattern, Why AVAX Aims $100 April Comex Gold Looking to Retrace into $1987.00 – $2008.70... - Reddit Posts (Sample): [['u/rogue30', 'Best Way for a US Citizen to Covert Monero', 17, '2022-05-11 00:02', 'https://www.reddit.com/r/Monero/comments/umu10b/best_way_for_a_us_citizen_to_covert_monero/', "At some point this year I'd like to convert some of my Monero to US Dollars. Can I still do this on Binance by First converting my Monero into Bitcoin or Ethereum and then transfer those coins to my Coinbase account and then convert the Bitcoin or Ethereum into US Dollars?", 'https://www.reddit.com/r/Monero/comments/umu10b/best_way_for_a_us_citizen_to_covert_monero/', 'umu10b', [['u/beaubeautastic', 27, '2022-05-11 01:16', 'https://www.reddit.com/r/Monero/comments/umu10b/best_way_for_a_us_citizen_to_covert_monero/i84542q/', 'if youre ok with going kyc, krakens got your back. probably *the* most honest kyc exchange out there. and they do monero directly, so no need to deal with any tricky xmr->ltc->usd trades or anything', 'umu10b']]], ['u/Boe_Ning', '1 BTC Off The Market...', 55, '2022-05-11 01:31', 'https://www.reddit.com/r/Bitcoin/comments/umvxcf/1_btc_off_the_market/', "After almost 12 months of periodic buys. Anyone not taking advantage of this sell-off should revisit their understanding of Bitcoin's value proposition and global game theory already accelerating adoption. \n\n\nNext top, 2.", 'https://www.reddit.com/r/Bitcoin/comments/umvxcf/1_btc_off_the_market/', 'umvxcf', [['u/Bad_Chicken_2', 12, '2022-05-11 02:02', 'https://www.reddit.com/r/Bitcoin/comments/umvxcf/1_btc_off_the_market/i84b9rt/', 'Yep, I bought some more today. Nothing has changed about BTC but the price.', 'umvxcf']]], ['u/Underfitted', 'Rumour: Terra seeking bailout from HFT firms (Jump, Jane St., Celsius). Raised $700M so far, aiming for 1-1.5B.', 25, '2022-05-11 01:36', 'https://www.reddit.com/r/Buttcoin/comments/umw0o9/rumour_terra_seeking_bailout_from_hft_firms_jump/', "[https://twitter.com/lawmaster/status/1524098409594077185](https://twitter.com/lawmaster/status/1524098409594077185)\n\nNot sure how trustworthy the source is, so held it as a rumor for now. \n\n* 4B reserve gone. Check\n* LUNA near all time lows. Check\n* 10B gone from liquidity pool. Check\n* Still serving 20% APY. Check\n* UST still depegging. Check\n* BTC backing UST declining. Check\n\nIIts hard to say how much money is needed to buy all the bags from sellers and restore a stable price, but buying bags is not going to solve what is fundamentally a trust issue.\n\nYour LUNA/UST holders no longer believe Terra's lies and they are selling.", 'https://www.reddit.com/r/Buttcoin/comments/umw0o9/rumour_terra_seeking_bailout_from_hft_firms_jump/', 'umw0o9', [['u/preytowolves', 23, '2022-05-11 01:56', 'https://www.reddit.com/r/Buttcoin/comments/umw0o9/rumour_terra_seeking_bailout_from_hft_firms_jump/i84ah0j/', 'hey guys, so who wants to chuck millions into this burning dumpster?', 'umw0o9'], ['u/wrongerontheinternet', 10, '2022-05-11 02:46', 'https://www.reddit.com/r/Buttcoin/comments/umw0o9/rumour_terra_seeking_bailout_from_hft_firms_jump/i84h0tw/', 'If Jane St. seriously entertains their proposal they are way way dumber than I gave them credit for.', 'umw0o9']]], ['u/Sh1d0w_lol', 'Did you sell or HODL during the last couple of days?', 525, '2022-05-11 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/', 'Quick check on the audience here. Let’s see how many of us sold or not during the bloodbath. \n\nYou can also post what you are currently holding and have trust in and what you get rid of.\n\nI’ve got rid on half of the CRO bags I had with profits and I am currently buying the dip with that with BTC and ETH. I am thinking also about diversifying a little bit with some MATIC.\n\nI’ve been saving on stable coins for some time waiting for such a good opportunity to buy in, but oh boy that’s more than expected.\n\nWhat’s your strategy?', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/', 'umwf7u', [['u/nick83487', 10, '2022-05-11 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84anu8/', 'Holding long term.', 'umwf7u'], ['u/Bucksaway03', 11, '2022-05-11 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84aq0t/', "If I didn't sell 2 weeks ago, why would I sell now?", 'umwf7u'], ['u/thestevenbeauty', 894, '2022-05-11 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84at0x/', 'Who sells right now? 😂', 'umwf7u'], ['u/W0lfos', 33, '2022-05-11 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84atf6/', 'Hodl since ‘14', 'umwf7u'], ['u/fwast', 12, '2022-05-11 02:01', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84b0zl/', 'I held my balls and my crypto', 'umwf7u'], ['u/mamayem', 13, '2022-05-11 02:01', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84b37c/', 'HODL. Buy. HODL some more. Turn my wrists diamond both figuratively and literally.', 'umwf7u'], ['u/Maxx3141', 13, '2022-05-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84bece/', "I'm in BTC and ETH with like 90% of my portfolio for over 4 years already. And therefore the last couple of days didn't impress me enough to even worry.\n\nI made a little buy at 33k since my next DCA is only at the end of this month. But this buy was just about 20% of my usual DCA, so not a huge one.", 'umwf7u'], ['u/CoinControversy', 108, '2022-05-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84bevp/', 'HODL and DCA 💪🏻', 'umwf7u'], ['u/DBRiMatt', 17, '2022-05-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84bq5r/', 'Buy\n\nStake\n\nHodl\n\nKeep doing that until many gains', 'umwf7u'], ['u/SCstacker', 485, '2022-05-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84bshp/', 'BOUGHT', 'umwf7u'], ['u/vjfilms', 10, '2022-05-11 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84bvof/', 'Sold my LUNA at $58, merely moments before it crashed all the way to $15. Got my UST out of OSMO pools several days ago 😅 thank god.', 'umwf7u'], ['u/IsnortETH', 97, '2022-05-11 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84bwbc/', 'Got my average down', 'umwf7u'], ['u/mamalalatata', 105, '2022-05-11 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84c5nf/', 'Why did something happen?', 'umwf7u'], ['u/8512764EA', 10, '2022-05-11 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84c7o2/', 'Held and bought', 'umwf7u'], ['u/Odlavso', 571, '2022-05-11 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84cagv/', 'People holding LUNA', 'umwf7u'], ['u/_o__0_', 58, '2022-05-11 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84cdaj/', 'Bought, ffs. \nAre you guys even paying attention..?', 'umwf7u'], ['u/vjfilms', 10, '2022-05-11 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84cfuz/', 'I sold at $38500 and saved myself about $15k so far. So thanks for the financial advice joker.', 'umwf7u'], ['u/ImJustHere4theMoons', 26, '2022-05-11 02:15', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84cvzt/', "I've been prepared for this since I first got into crypto in late 2020. Had I started DCAing just a few months sooner instead of making random, sporadic buys my portfolio would easily be 2x-3x what it currently is.", 'umwf7u'], ['u/darkstr_ker', 39, '2022-05-11 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84dk5r/', 'Sold some FIAT.', 'umwf7u'], ['u/jacka24', 91, '2022-05-11 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84dnsh/', "Hold. My portfolio is down by 50% and i have no need to take that money out. \n\n\nThe best i can do is try and forget about it and hope it gets back to it's ATH", 'umwf7u'], ['u/Harold838383', 10, '2022-05-11 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84dtpc/', 'No way I would be selling right now! You know as soon as you sell the market will pump', 'umwf7u'], ['u/Sketchy-Lefty25', 104, '2022-05-11 02:24', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84e64p/', 'I’ve been buying mostly ETH and BTC. No selling for me, I’m only accumulating', 'umwf7u'], ['u/UpetraorUdie', 29, '2022-05-11 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84ed4i/', 'I had a strong hunch things would go downhill so I sold half two weeks ago then bought back in with 25% of what I took out after the crash.', 'umwf7u'], ['u/DmJerkface', 14, '2022-05-11 02:30', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84ezdi/', 'Bought', 'umwf7u'], ['u/optitmus', 12, '2022-05-11 02:37', 'https://www.reddit.com/r/CryptoCurrency/comments/umwf7u/did_you_sell_or_hodl_during_the_last_couple_of/i84fu89/', 'right? why is this guy pretending that buying in lower with a cle... Based 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:** ['Australia’s first three cryptocurrency exchange-traded funds (ETF) launched on the Cboe exchange on Thursday, bringing Bitcoin and Ethereum products to the stock market.\nSee related article:Launch of three crypto ETFs in Australia delayed\n• One of the funds, the Cosmos Purpose Bitcoin Access ETF (CBTC) from Cosmos Asset Management, tracks the Purpose Bitcoin ETF (BTCC-B.TO) on the Toronto stock exchange.\n• The other two funds were launched by Australian ETFS Management (AUS) Ltd. and Swiss 21Shares AG spot-trade Bitcoin (EBTC) and Ether (EETH) by tracking the underlying asset directly.\n• The three cryptocurrency products were scheduled for launch on April 27, but brokerage concerns caused last-minute delays.\n• Cosmos said it will not chargeinvestors fees on their funds for two months, as a response to the postponed launch.\n• The ETFs launch come at a turbulent time for the cryptocurrency market, as Bitcoin and Ethereum were at their lowest point in 2022 on Thursday morning Asia time.\n• CBTC last tradedat AU$7.94 (US$5.49),EBTCat AU$4.25 (US$2.94) andEETHat AU$3.04 (US$2.10) at press time.\nSee related article:A fast one from down under: Australia approves BTC, ETH ETFs', 'Australia’s first three cryptocurrency exchange-traded funds (ETF) launched on the Cboe exchange on Thursday, bringing Bitcoin and Ethereum products to the stock market.\nSee related article:Launch of three crypto ETFs in Australia delayed\n• One of the funds, the Cosmos Purpose Bitcoin Access ETF (CBTC) from Cosmos Asset Management, tracks the Purpose Bitcoin ETF (BTCC-B.TO) on the Toronto stock exchange.\n• The other two funds were launched by Australian ETFS Management (AUS) Ltd. and Swiss 21Shares AG spot-trade Bitcoin (EBTC) and Ether (EETH) by tracking the underlying asset directly.\n• The three cryptocurrency products were scheduled for launch on April 27, but brokerage concerns caused last-minute delays.\n• Cosmos said it will not chargeinvestors fees on their funds for two months, as a response to the postponed launch.\n• The ETFs launch come at a turbulent time for the cryptocurrency market, as Bitcoin and Ethereum were at their lowest point in 2022 on Thursday morning Asia time.\n• CBTC last tradedat AU$7.94 (US$5.49),EBTCat AU$4.25 (US$2.94) andEETHat AU$3.04 (US$2.10) at press time.\nSee related article:A fast one from down under: Australia approves BTC, ETH ETFs', 'Australia\x92s first three cryptocurrency exchange-traded funds (ETF) launched on the Cboe exchange on Thursday, bringing Bitcoin and Ethereum products to the stock market. See related article: Launch of three crypto ETFs in Australia delayed Fast facts One of the funds, the Cosmos Purpose Bitcoin Access ETF (CBTC) from Cosmos Asset Management, tracks the Purpose Bitcoin ETF (BTCC-B.TO) on the Toronto stock exchange. The other two funds were launched by Australian ETFS Management (AUS) Ltd. and Swiss 21Shares AG spot-trade Bitcoin (EBTC) and Ether (EETH) by tracking the underlying asset directly. The three cryptocurrency products were scheduled for launch on April 27, but brokerage concerns caused last-minute delays. Cosmos said it will not charge investors fees on their funds for two months, as a response to the postponed launch. The ETFs launch come at a turbulent time for the cryptocurrency market, as Bitcoin and Ethereum were at their lowest point in 2022 on Thursday morning Asia time. CBTC last traded at AU$7.94 (US$5.49), EBTC at AU$4.25 (US$2.94) and EETH at AU$3.04 (US$2.10) at press time. See related article: A fast one from down under: Australia approves BTC, ETH ETFs View comments', 'By Tom Westbrook\nSINGAPORE, May 12 (Reuters) - Stocks fell and the dollar held firm on Thursday as data showed U.S. inflation persistently high, and investors worried about the economic toll of aggressive interest rate hikes to tame it.\nU.S. markets whipsawed after the news, then closed sharply lower. S&P 500 futures rose 0.5% in a bumpy Asia session. Foreign exchange trade was also volatile, but has left the dollar index within a whisker of a two-decade high.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan fell 1%. Japan\'s Nikkei fell 1%.\nBitcoin was pinned below $30,000 on Thursday, nursing loses from an almost 27% wipeout that has taken $11,000 off its price in about a week.\nHeadline U.S. consumer prices rose 8.3% for the 12 months to April. That was slower than the 8.5% pace of a month earlier and raised hopes that the pace of price rises has peaked. However, it was also higher than market forecasts for 8.1%, and reaffirmed concerns that rates will need to rise quickly to tame it.\n"We\'re now very much embedded with at least two further hikes of 50 basis points on the agenda. For equity markets that really is the end of free money," said Damian Rooney, director of institutional sales at brokerage Argonaut in Perth.\n"I think we probably were delusional six months ago with the rise of U.S. equities on hopes and prayers and the madness of the meme stocks, and suddenly were going a little bit back to what is reality," he said.\nApple shares fell 5% overnight, dragging the S&P 500 down 1.65% and the Nasdaq down 3.2%.\nShort-dated Treasuries were dumped in the wake of the data, but the longer end of the curve rallied as investors worried steep rate hikes would slam the brakes on growth.\nThe benchmark 10-year Treasury yield fell six basis points (bps) overnight and dropped a further four bps in Tokyo trade to 2.8877%. The gap between two-year and 10-year yields narrowed, flattening the yield curve.\n"There should be a tipping point in how far the Fed can be pressed before odds clearly point towards a hard landing," said NatWest Markets\' U.S. rates strategist Jan Nevruzi.\nSELL IN MAY\nThe Nasdaq is down nearly 8% in May so far and more than 25% this year, bearing the brunt of selling as higher U.S. yields draw money out of expensively priced tech stocks.\nCryptocurrency markets are also melting down, with the collapse of the so-called stablecoin TerraUSD highlighting the turmoil.\nA weakening growth picture outside the United States too is battering investor confidence, as war in Ukraine threatens an energy crisis in Europe and lengthening lockdowns in China throw another spanner into supply chain chaos.\nProperty developer Sunac China said it missed a bond interest payment and will miss more as China\'s real estate sector remains in the grip of a credit crunch.\nThe uncertainty about nearly everything except U.S. rate rises has benefited the dollar. It held the euro near recent lows at $1.0524 on Thursday and hovered around 129.78 yen , while trade-sensitive currencies were squeezed.\nThe Australian dollar was volatile in the wake of the U.S. inflation data, but was unable to hold its ground above $0.70 and last bought $0.6943.\nSterling was at a two-year low of $1.2230 as a stand-off over post-Brexit trade rules for Northern Ireland deepens.\nThe Hong Kong Monetary Authority spent $202 million on Thursday to support the Hong Kong dollar which hit the weaker end of its peg to the greenback.\nIn commodity trade, oil steadied after a Wednesday surge amid concerns about westbound gas flows from Russia to Europe.\nBrent crude futures edged 0.7% lower to $106.78 a barrel and U.S. crude was 0.6% lower at $105.07 a barrel.\nBritish activity and growth data is due later in the day.\n(Editing by Muralikumar Anantharaman)', 'By Tom Westbrook SINGAPORE, May 12 (Reuters) - Stocks fell and the dollar held firm on Thursday as data showed U.S. inflation persistently high, and investors worried about the economic toll of aggressive interest rate hikes to tame it. U.S. markets whipsawed after the news, then closed sharply lower. S&P 500 futures rose 0.5% in a bumpy Asia session. Foreign exchange trade was also volatile, but has left the dollar index within a whisker of a two-decade high. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 1%. Japan\'s Nikkei fell 1%. Bitcoin was pinned below $30,000 on Thursday, nursing loses from an almost 27% wipeout that has taken $11,000 off its price in about a week. Headline U.S. consumer prices rose 8.3% for the 12 months to April. That was slower than the 8.5% pace of a month earlier and raised hopes that the pace of price rises has peaked. However, it was also higher than market forecasts for 8.1%, and reaffirmed concerns that rates will need to rise quickly to tame it. "We\'re now very much embedded with at least two further hikes of 50 basis points on the agenda. For equity markets that really is the end of free money," said Damian Rooney, director of institutional sales at brokerage Argonaut in Perth. "I think we probably were delusional six months ago with the rise of U.S. equities on hopes and prayers and the madness of the meme stocks, and suddenly were going a little bit back to what is reality," he said. Apple shares fell 5% overnight, dragging the S&P 500 down 1.65% and the Nasdaq down 3.2%. Short-dated Treasuries were dumped in the wake of the data, but the longer end of the curve rallied as investors worried steep rate hikes would slam the brakes on growth. The benchmark 10-year Treasury yield fell six basis points (bps) overnight and dropped a further four bps in Tokyo trade to 2.8877%. The gap between two-year and 10-year yields narrowed, flattening the yield curve. Story continues "There should be a tipping point in how far the Fed can be pressed before odds clearly point towards a hard landing," said NatWest Markets\' U.S. rates strategist Jan Nevruzi. SELL IN MAY The Nasdaq is down nearly 8% in May so far and more than 25% this year, bearing the brunt of selling as higher U.S. yields draw money out of expensively priced tech stocks. Cryptocurrency markets are also melting down, with the collapse of the so-called stablecoin TerraUSD highlighting the turmoil. A weakening growth picture outside the United States too is battering investor confidence, as war in Ukraine threatens an energy crisis in **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: 2022-05-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $546,065,519,850 - Hash Rate: 209722591.1401713 - Transaction Count: 274204.0 - Unique Addresses: 730516.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Defi Yield Protocol DeFi Yield Protocol (DYP) announces the imminent launch of its Cats and Watches Society (CAWS) NFT collection, due on April 13, 2022. Bucharest, Romania, April 11, 2022 (GLOBE NEWSWIRE) -- This hotly anticipated event comes with luxurious prizes and promising new features propelling DYP into the industry's spotlight. Considering its unique utility traits, some see DYP's CAWS as the next Bored Ape Yacht Club (BAYC) with a similar impact in the market. What is Cats and Watches Society (CAWS)? Cats and Watches Society is a collection of unique, randomly-generated Cat NFTs from more than 235 different attributes. These icons are present on the Ethereum blockchain as ERC-721 tokens, and the Interplanetary File System (IPFS) will host them. This exciting NFT collection comes from the DeFi Yield Protocol (DYP) , one of the most experienced and innovative projects in decentralized finance. The project seeks to promote DeFi adoption and has made significant partnerships with big names like Chainlink, Avalanche, Kyber Network, Crypto.com, Coin98, and others. DYP is a platform offering solutions for yield farming, staking, NFTs, and other DeFi tools. So far, the team has paid over $38 million in rewards to users and consistently rolled out several functional products . Now, it is ready to launch CAWS, a high-utility NFT series with multiple perks for its members. The collection will stand out from most NFT projects, which generally lack applicability and long-term sustainability. Every cat in the CAWS collection has its own personality, outfit, expression, and other unique traits. Most importantly, each has its own watch preferences, making some of them stand out more than others. Users can discover their quirky features and intriguing stories before fostering one or more. These super rare cats will be available for adoption starting on April 13. Every adopter will get a funky cat wearing a luxury watch, which provides access to the members-only Society Benefits Zone. New cat owners also receive 10% of the minting fees. Moreover, they get a chance to earn ETH rewards by joining the CAWS staking pool. Story continues Undoubtedly, the biggest, most appealing prizes of the CAWS release are the 5 brand new ROLEX watches worth nearly $150,000. More details on how to be eligible for these mouth-watering prizes are available through the CAWS whitelist process. CAWS Distribution and Society Benefits Another aspect that differentiates CAWS from other NFT projects is its anti-whale purpose. The team believes that whales shouldn’t be the only users able to mint NFTs. In fact, minting a Cat costs only 0.08 ETH, which should be accessible for most users. Furthermore, the project does not impose price tiers or complex minting conditions. This way, everyone looking to adopt an NFT Cat pays the same price. Getting 10% of minting fees and access to the CAWS staking pool are not the only enriching means for Cat adopters. Those minting and owning more cats get a higher share in the staking pool, substantially increasing their ETH rewards. After minting, every CAWS holder can mint an additional standalone NFT watch for free, which will provide other future benefits. Upcoming P2E Game DeFi Yield Protocol is also building its own Metaverse with an exciting play-to-earn (P2E) game still in development. During the game, players will have their NFT cats as companions, which they can customize by purchasing items and animations. Above all, the cats will interact with their owners in various ways, especially through sounds and animations. The game will challenge players with an adventurous quest to dig for treasures and complete daily, weekly, and monthly quests. Users will be able to earn coins for their achievements, which they can later trade for various tools. The game will require players to use two tokens, iDYP and DYP. For instance, they will use iDYP to boost the energy levels of their characters and cats. On the other hand, they can use DYP tokens for purchasing in-game items. Rewards for various accomplishments will come in DYP, ETH, BTC, BNB, AVAX, and APE. One of the game’s strongest points will be the social interaction between players. For instance, users will be able to invite each other to participate in a task and work together to progress. This way, the game will act as a social platform with P2E benefits, where players can meet, chat, and collaborate. Currently, the game is still in development. However, it’s already showing signs of becoming one of the most exciting P2E games in the Metaverse. This could transform CAWS into the next Bored Ape Yacht Club (BAYC) with a similar effect on the market. Join the CAWS whitelist and be ready to adopt a funky cat on April 13. For more information about Cats and Watches Society, please follow the links below: | CAWS | DYP Website | Twitter | Telegram | Discord | CONTACT: DYP Finance Contact (at) dyp.finance... - Reddit Posts (Sample): [['u/samdane7777', 'You should be more hostile to regulators than ever, especially now.', 107, '2022-05-12 00:08', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/', 'The state is not you friend. They aren\'t going to help this industry or regulate it fairly. They aren\'t going to do the right thing. They punish projects for competing against tradfi banks. \n\nTerra and UST will only be used as an excuse to attack not just our industry, but your fundamental liberty.\n\nTake a look at this EU law being passed where they have client side access to scan any message for hypothetical speech, \'misinfo\', copyright, etc, "unchecked speech" "unfettered speech"\n\nDon\'t cooperate. They will not do you right. They want everything. They will take everything, what can be taken will be taken. \n\nYou all made a terrible mistake when you normalized centralized front ends on dot coms and aws backends. You should have made every layer disintermediated and prepared for the worst.\n\nCitadel & company likely did a speculative Soros style attack on bitcoin and terra. These people are colluding with FSOC & other EU/US regulators, they want censorship certainly at the crypto wallet level, and mandatory kyc for all defi globally. andreeson Horowitz\'s tweets are entirely correct. I don\'t know what he personally will do to change anything, but he isn\'t wrong.\n\nWe will not be regulated fairly, you will not be given fair products, you will be rent seeked into poverty, given bedrock low wages, your pension, education, health everything on the chopping block for private equity. \n\nWorst of all, they want to buy us out, and steal our tech, our devs, everything to give to existing wallstreet firms. The IMF is just outright telling countries to be hostile to disintermediation. Same with the ECB. They\'re saying the quiet part out loud. Financial servitude.', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/', 'unld2e', [['u/edmundedgar', 43, '2022-05-12 00:22', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i88se04/', "> Citadel & company likely did a speculative Soros style attack on bitcoin and terra.\n\nI haven't seen any evidence of this but if it's true then good luck to them.\n\nIf you make a token with 50 cents of collateral and tell people it's worth a dollar then it's going to end badly. It's better if that end comes sooner rather than later.", 'unld2e'], ['u/edmundedgar', 15, '2022-05-12 01:45', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i893anl/', "Generally fiat currencies aren't pegged to anything, but yup, if you say 1 pound is worth 2.95 deutschmarks when really it's only worth 2.5 deutschmarks that's liable to end badly.", 'unld2e'], ['u/edmundedgar', 12, '2022-05-12 01:59', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i8952vu/', 'What the fuck are you talking about.', 'unld2e'], ['u/edmundedgar', 12, '2022-05-12 02:01', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i895baf/', "I mean, you didn't even articulate a conspiracy theory, it's just a salad of common conspiracy theorist words.", 'unld2e'], ['u/astromathis', 11, '2022-05-12 04:53', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i89s19u/', 'Anti regulation people don’t want crypto to survive', 'unld2e'], ['u/ResearcherSad9357', 32, '2022-05-12 06:00', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i89zth2/', 'You act like crypto exchanges aren\'t already trading against their customers, like they aren\'t insider trading with their own listings, or laundering money with nfts etc. The government might not be your "friend", but neither are the people running crypto right now.', 'unld2e'], ['u/t00rshell', 11, '2022-05-12 09:06', 'https://www.reddit.com/r/ethereum/comments/unld2e/you_should_be_more_hostile_to_regulators_than/i8agbue/', '🤣🤣🤣🤣\n\nGod posts in here get worse and worse... Citadel? So now superstupid is leaking into here... Wonderful.', 'unld2e']]], ['u/somepleb008', "Advice for someone who's facing the bear market for the first time?", 41, '2022-05-12 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/', "I entered crypto around June 2021, currently at around 20% loss overall and i don't know how to proceed in this market.\n\nMy portfolio consists of roughly:\n\n60% BTC & ETH\n\n30% DOT & MATIC\n\n10% Other ALTs - ADA, ALGO, LRC, LINK, ONE, VET\n\nI do trust the projects i have invested in but the current market situation is something that i am seeing for the first time and i am not sure what to do to minimise my losses.\n\nAnd after reading the posts on here today i am starting to worry a bit about my investment.\n\nWhat should be my strategy in this market? Should I convert my ALTs to BTC/ETH? Should I sell now and look for a buying opportunity at a lower entry point? Or should I just HODL through this shitstorm?", 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/', 'unnttv', [['u/deathtolucky', 69, '2022-05-12 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i897lx8/', '1. Safely store your seed phrases and any log-in details\n\n2. Delete any apps that are sending you constant crypto notifications. \n\n3. Set a recurring buy schedule for projects you believe in. \n\n4. Go live your life\n\n5. Come back when you see BTC and crypto FOMO in the news again', 'unnttv'], ['u/KevinOpel', 10, '2022-05-12 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i897sbu/', 'Hold for the discipline if you can afford to let your holdings mature. Put that portfolio in a safe place and monitor it from time to time until you are satisfied. You can always start a secondary portfolio and accumulate with a different strategy if you desire.', 'unnttv'], ['u/MrCatFace13', 10, '2022-05-12 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i898s2w/', 'I think you should just step away. People will have a lot of opinions on your 10% ALTS. I think I would just hold them.', 'unnttv'], ['u/BlazeDemBeatz', 13, '2022-05-12 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i8990fy/', 'I have a similar portfolio. \n\n45% ETH (2400 avg) \n\n20% BTC (36.5k avg)\n\n35% Alts. ADA, ALGO, ATOM, SOL, XTZ \n\nI’m just holding thru the shitstorm I guess. I don’t need a lot of movement for my BTC and ETH to go green. That’s all I got going for my portfolio. My alts got ate up but I have confidence I’ll recoup over time. I wasn’t selling anytime soon so why lose sleep over it?\n\nOnly buying ETH and BTC from here out.\n\nOnly been focused on ETH the last couple months anyways.', 'unnttv'], ['u/RepublicanOnWelfare', 17, '2022-05-12 02:56', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i89cju7/', 'Says the guy with 33 thousand moons', 'unnttv'], ['u/MrNuttyJoe', 13, '2022-05-12 03:02', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i89ddx2/', 'Proof that they are an expert in crypto!\n\n...or just an expert in shitposting...', 'unnttv'], ['u/LiquidSolidGold', 12, '2022-05-12 03:24', 'https://www.reddit.com/r/CryptoCurrency/comments/unnttv/advice_for_someone_whos_facing_the_bear_market/i89g86i/', "I've been investing for 25 years. The fact you read a bunch of stuff and then did not act on your emotions puts you in the upper percentile of investors. \n\n\nCarry on Grasshopper. The bottoms are always scary because it is very close to going very badly. And one day it will, regardless of what people want to believe. But is that tomorrow? Probably not, all things tech have dropped 30%. If BTC bounces, people will pile on like never before. Who wants to miss out on the next peak gain that we see historically?", 'unnttv']]], ['u/DrBengali', 'Time to get out of my crypto investments?', 170, '2022-05-12 02:24', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/uno3mb/time_to_get_out_of_my_crypto_investments/', 'The current market is nuts and nowhere can I find solid advice on how to navigate it as an investment newbie. I hold a sufficiently large amount of my savings in crypto, and the plan was to hold long enough through smaller downturns and such. \n\nBut the current rises in inflation rates, bear market, and the general awfulness in the world is making me seriously doubt my hodl ambition. Especially the death spiral of some coins dragging down the whole crypto market. \n\nShould I start selling off my crypto and moving to cash and just take the losses (down 50%)? Why and why not?\n\nEdit: I hold mostly BTC and ETH, split 50/50. My investments total about 18k which now sits at 10k as of typing this.', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/uno3mb/time_to_get_out_of_my_crypto_investments/', 'uno3mb', [['u/jaysoo3', 52, '2022-05-12 02:40', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/uno3mb/time_to_get_out_of_my_crypto_investments/i89adox/', "Without knowing what you hold it's not possible to give real advice. I have some BTC and ETH myself (like 2-3% of net worth) and I'm just riding this out. Been holding since 2017.\n\nThe best time to rebalance your portfolio is before the downturn, not when it's already gone down. That said, diversifying is never a bad idea. And if you hold any shitcoins then definitely get out of those.", 'uno3mb'], ['u/taxrage', 10, '2022-05-12 02:46', '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:** ['Image A new Decentralized Treasury Reserve DeFi Platform backed by sharable charge fee transactions Featured Image for Weownomy Platform Corporation Featured Image for Weownomy Platform Corporation DELAWARE CITY, Del., May 12, 2022 (GLOBE NEWSWIRE) -- The First Decentralized Treasury Reserve DeFi Platform in the World to provide stability for cryptocurrency price fluctuations by creating an incentive for stablecoins - this way creates a truly global digital economy where all cryptocurrencies are interchangeable. The decentralized currency is backed by Sharable Charge Fee Transactions (4% purchase and 40% sale order) which are worth $282 USD per minted token, in addition to 30% Quarterly Fixed Price Value which pays out every minted xWEOWNS tokens to holders on every transaction, along with a 90 Million USDT collateralized loan with xWEOWNS tokens backing Crypto Ecosystem as insurance. " No matter what cryptocurrency you\'re trading on our platform, you\'ll always be able to access its underlying value when trading any coin by converting it into $282 US Dollars using our unique fixed price value feature; no more wondering how much your currency is worth because we give you exact dollar values right there in front of you," said Ssemakula Peter Luyima, xWEOWNS DeFi Treasury Reserve Founder. The Next Generation of Crypto Economy. For the first time in history, crypto investors have more than just their own holdings for protection against volatility or risk-off scenarios; they now have a secure reserve that can be shared through trading volume on the platform\'s infrastructure. " With the backing of a US$90 million in USDT collateralized with xWEOWNS future shareable charge fees, we will be able to provide stable large scale swap to xWEOWNS while simultaneously sharing in the rewards from every transaction made on our platform on all purchase and sale orders placed through our treasury reserve Defi Platform, " said Ssemakula Peter Luyima. The Company is partnering with a leading over-the-counter trading exchange so that when users make their trades, they will receive both a fiat currency as well as their share of the charge fees charged per transaction - creating a more stable crypto environment where even the most volatile cryptocurrencies can be used for daily transactions. Story continues A New Era of Shareable Value. The recent bear market has seen prices drop by more than 70%. With more cryptocurrencies dying every day, there needs to be a solution that stabilizes the supply chain of cryptos in order for them to regain their worth. xWEOWNS can act as a backstop for the crypto ecosystem with its 90 Million USDT collateralized loan with xWEOWNS Treasury Reserve DeFi Platform shareable revenue charge fee. Crypto Crash? Recover with xWEOWNS Treasury Reserve DeFi Platform As a result of the Bitcoin price drop, there is an urgent need to stabilize it in order to avoid any further losses for investors who have invested in this cryptocurrency, as well as to ensure that their investment does not continue to decrease due to the Bitcoin plunge. The xWEOWNS Treasury reserve DeFi Platform solves this problem by using xWEOWNS Collateralized Loans in USDT that can urgently stabilize crypto assets value and provide liquidity for traders who need it most during times of uncertainty or emergency situations like what\'s happening right now with the ongoing Bitcoin plummeting prices due to mass selling pressure because of regulatory concerns or geopolitical risks like trade wars etc. xWEOWNS Treasury reserve is an innovative DeFi Platform that will revolutionize the Crypto Ecosystem through swapping of digital assets on Lachain blockchain network as well as providing shared revenue charge fee to facilitate rapid circulation of cryptocurrencies among people all over the world so as to protect their rights of property ownership, reduce risk factors due to fluctuation in cryptocurrency prices or market interference caused by irresponsible interventionism or manipulation at any time. " What makes xWEOWNS DeFi Platform different? We are creating global liquidity on every exchange, allowing traders to trade without mass sale pressure. This will increase volume exponentially while also decreasing volatility. With rapid market changes come challenges - challenges that our DeFi platform is designed to solve through the creation of an economic ecosystem which ensures stability even during unstable periods like these, " said Ssemakula Peter Luyima. Security and Stability for a Growing Industry. The cryptocurrency industry has grown exponentially over the past few years and more people are looking to invest or make transactions with cryptocurrencies on a daily basis. With this growth comes an increased need for stability in an asset that can be used without fear of volatility from government regulations or manipulation from any single entity that could have negative effects on the markets. By backing xWEOWNS coin with shareable revenue charge fee, we create a stablecoin DeFi Platform that can be trusted globally and allows both traditional investors who are new to crypto investing, as well as those who have been actively trading coins like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), etc., to take advantage of its stability while still benefiting from their other investments when they need liquidity. The idea behind this project is simple: as more people invest in xWEOWNS, it becomes easier for all to get back their investment with a shareable percentage of charges fees generated from transactions done on the platform each day. Sharing in the platform\'s revenue stream ensures that all stakeholders have an incentive to maintain the system\'s stability, providing peace-of-mind security not found in any other crypto ecosystem today. 90 Million Tether USDT Collateralized Loan with xWEOWNS. The Company is offering a 90 Million USDT Collateralized Loan with xWEOWNS agreement that will create alternative backing asset for Tether USDT, which will provide the loan of $90 million in tethers that are backed by Shareable charge fee revenues from minted xWEOWNS Treasury Reserve Defi Platform. xWEOWNS Treasury Reserve DeFi Platform protocol has created a new way to share stability through this model so that everyone can have access to financial security without having to rely on any single entity. Press Releases Disclaimer This press release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile, and there is no guarantee of a stable value, or of any value at all. About xWEOWNS Weownomy is launching the xWEOWNS fixed $282 stablecoin on Latoken exchange that provides treasury reserve protection against price drops of digital assets while capitalizing on the high volatility that exists today in the crypto currency markets. The development team at Weownomy has designed an automated process for trading cryptocurrencies through an intermediary asset called xWEOWNS which will allow traders to hedge their investments from market volatility. About Weownomy Platform Corporation Weownomy Platform Corporation, Incorporated in the State of Delaware https://www.weownomy.globa l is launching a subscription-based, open and participatory platform. A new redefined social network that facilitates people\'s participation in the democratic process of defining their own rules for their future, generating an ownership structure where every person has rights to share in the proceeds generated by this new economy and hence true economic equality. Media Ssemakula Peter Luyima [email protected] President and CEO Weownomy Platform Corporation Related Images Image 1 This content was issued through the press release distribution service at Newswire.com . Attachment Featured Image for Weownomy Platform Corporation', 'A new Decentralized Treasury Reserve DeFi Platform backed by sharable charge fee transactions\nFeatured Image for Weownomy Platform Corporation\nDELAWARE CITY, Del., May 12, 2022 (GLOBE NEWSWIRE) -- TheFirst Decentralized Treasury Reserve DeFi Platformin the World to provide stability for cryptocurrency price fluctuations by creating an incentive for stablecoins - this way creates a truly global digital economy where all cryptocurrencies are interchangeable.\nThe decentralized currency is backed by Sharable Charge Fee Transactions (4% purchase and 40% sale order) which are worth $282 USD per minted token, in addition to 30% Quarterly Fixed Price Value which pays out every minted xWEOWNS tokens to holders on every transaction, along with a 90 Million USDT collateralized loan with xWEOWNS tokens backing Crypto Ecosystem as insurance.\n"No matter what cryptocurrency you\'re trading on our platform, you\'ll always be able to access its underlying value when trading any coin by converting it into $282 US Dollars using our unique fixed price value feature; no more wondering how much your currency is worth because we give you exact dollar values right there in front of you,"said Ssemakula Peter Luyima, xWEOWNS DeFi Treasury Reserve Founder.\nThe Next Generation of Crypto Economy.\nFor the first time in history, crypto investors have more than just their own holdings for protection against volatility or risk-off scenarios; they now have a secure reserve that can be shared through trading volume on the platform\'s infrastructure.\n"With the backing of a US$90 million in USDT collateralized with xWEOWNS future shareable charge fees, we will be able to provide stable large scale swap to xWEOWNS while simultaneously sharing in the rewards from every transaction made on our platform on all purchase and sale orders placed through our treasury reserve Defi Platform," said Ssemakula Peter Luyima.\nThe Company is partnering with a leading over-the-counter trading exchange so that when users mak **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: 2022-05-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $579,309,943,950 - Hash Rate: 236132102.61708185 - Transaction Count: 269880.0 - Unique Addresses: 727914.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Johnathan Kirn/Getty The Nasdaq plunged 4% Tuesday as investors looked ahead to key after-hours tech earnings. The three major indexes are all on track for losing months, with the Nasdaq more than 20% of its high. Morgan Stanley's Mike Wilson predicted that the S&P 500 will enter a bear market within weeks. US stocks plunged Tuesday, continuing April's market sell-off, as investors weighed concerns of a global economic slowdown. The Nasdaq led the sell-off, hitting the lowest level since December 2020, as the major US indexes head for a losing month. China's resurgent COVID-19 lockdowns and some mixed earnings reports are stirring more concern over global growth. Tech stocks slipped Tuesday, as investors anticipate the results of Alphabet and Microsoft's first-quarter earnings after the close. Shares of the two technology giants moved lower along with those of Meta, Amazon, and Apple, which are also scheduled to report later this week. Here's where US indexes stood as the market closed 4:00 p.m. on Tuesday: S&P 500 : 4,175.17, down 2.82% Dow Jones Industrial Average : 33,240.31, dow 2.38% (809.15 points) Nasdaq Composite : 12,490.74, down 3.95% General Electric fell to a 17-month low after its first-quarter earnings report revealed the company was hit by supply-chain snags and inflation. The stock fell as much as 13% on the day. Electric vehicle maker Tesla also dropped roughly 11% Tuesday, as competitor Ford announced plans to scale up production of its electric F-150 amid huge demand. Morgan Stanley's US equity strategist Mike Wilson said that the S&P 500 is set to fall sharply and enter a bear market within weeks. The primary market driver is slowing growth , rather than inflation or interest rates, he said. Meanwhile, the US has super-sized its crude oil deliveries to Europe to help replace missing Russian supply. At the same time, Russia's largest state-run oil producer failed to sell 37 million barrels of crude oil. Story continues Oil climbed higher, with West Texas Intermediate up 3.25% to $101.79 a barrel. Brent crude , the international benchmark, rose 2.81% to $105.13 a barrel. Gold rose 0.31% to $1,901.60 per ounce. The 10-year yield fell 7.8 basis points to 2.749%. Bitcoin fell 4.8% to $38.265.68. Read the original article on Business Insider... - Reddit Posts (Sample): [['u/just4n0w4', 'My mom keeps putting money into Bitcoin… through Robinhood… can I call CPS on her?', 11, '2022-05-13 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/', 'Lol jk about cps but holy crap I don’t know what to do. Every month she puts in $1k into Bitcoin through Robinhood (of all fucking places) and CVS (?? “Because people will need vaccines and medicine”..???) and refuses to listen to any advice I try to give her. I told her it’s insane to keep using Robinhood and switch over to a different platform but she says it’s so convenient and easy for her ahhh. She showed me her portfolio and it’s so fucking red. I can’t explain the amount of loss she has but tens of thousands. CVS isn’t *that* bad of an investment I guess but it’s really not good. She thinks she knows stocks because she invested in Lowes in the late 90’s and has made $10k from it. What the hell how do I help her stop', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/', 'uoco8d', [['u/Bucksaway03', 60, '2022-05-13 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/i8dkz85/', "Outside of it being on Robinhood, what's the issue?\n\nIt's her money and she's DCAing like a boss. In 10 years time you'll be begging for her money.", 'uoco8d'], ['u/Xpressivee', 21, '2022-05-13 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/i8dl8yk/', "She'll probably end up ALOT better off than you bro, if you think a scheduled DCA into the big daddy is a madness.", 'uoco8d'], ['u/mokshahereicome', 35, '2022-05-13 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/i8dlk4f/', 'The beauty of being the parent is you can do whatever the fuck you want', 'uoco8d'], ['u/JustCommunication640', 14, '2022-05-13 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/i8doela/', 'Agreed. She’s user a lame brokerage but who cares outside of Reddit lol. Buying btc is a good idea and if boomers need to do it on Robinhood, good for them.', 'uoco8d'], ['u/just4n0w4', 11, '2022-05-13 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/uoco8d/my_mom_keeps_putting_money_into_bitcoin_through/i8dw2zu/', 'Why is everyone so mean on here', 'uoco8d']]], ['u/Busy-Instruction-213', 'UST I NEED HELP PLEASE to save my life savings...', 26, '2022-05-13 00:35', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/', ' \n\nGuys please help me. I know that there are people much more smarter than me so I am asking for help I learned my lessons. I dont need to know what I did wrong I just need to fix this. So please what are you guys doing with your UST?\n\nI had 21k in UST it was pretty much almost everything I had. I am 22 I had to work for it for almost 2 years now its all almost gone. I deposited it into anchor to earn some income off my savings and protect myself from inflation. It seemed reazonable.. Like many people were doing it with much higher capital.\n\nThen it all started to colapse.. I did not own any luna.. Just UST. When it started to drop I really panicked and wanted to save atleast something. So I sold it at 0,4 for BTC which I got like 0,24 btc for 21k initial investment in UST which is just horrible.. CUrrent supply of ust is around 11,3 Bil with market cap 4bil which means it will bounce back and forth between 0,3 and 0,6 dolars..\n\nQuestion is do you think that peg is going to be restored ? 1:1 ? Because if everyone pulls money out it will go straight to zero "STABLE COIN" but is there also some burning mechanism for UST ? I Mean if they burn 8billion of UST it would regain its peg..\n\nSO guys what are your opinions and solutions ? Is there soething I can do ? I could try to get back in at 0,3 then wait and hope for peg to restore but honestly that just feels like pure hopium and I dont see that peg ever restore project is just broken what should I do ? Please help me ...', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/', 'uod6hc', [['u/Santo_Dion', 53, '2022-05-13 00:41', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/i8dnvh0/', "Leave it in BTC, you'll do better in the long run. I took a loss of 45k and not touching this again. That's my opinion.", 'uod6hc'], ['u/libert-y', 32, '2022-05-13 00:45', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/i8doete/', 'You did good in converting to BTC. Do not get back in!! Forget about it for a few years and you will see your 21k back + profit. You are young and your are going to be fine', 'uod6hc'], ['u/koottravel', 10, '2022-05-13 00:58', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/i8dq5qx/', '> Yep thanks for support crypto bros I wa thinking about killing myself :D\n\n$21k at 22 years of life? Man we really need better mental health services in this world.', 'uod6hc'], ['u/DavTheYugiMaster', 18, '2022-05-13 01:04', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/i8dqzq9/', 'You made the right call. Like others have already said your best bet is to hold the BTC and over time you should regain your initial investment. I wouldn’t hold my breath UST repegs. I got out around 90 cents and am grateful I did. Consider the fact you would have likely lost it all had you not pulled the trigger when you did and count it as a win. You’re very young with plenty of time to build back up!', 'uod6hc'], ['u/Busy-Instruction-213', 21, '2022-05-13 01:07', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/i8drbhb/', 'thank you guys this support means world to me.. :)', 'uod6hc'], ['u/_Usecase', 20, '2022-05-13 01:29', 'https://www.reddit.com/r/Anchor/comments/uod6hc/ust_i_need_help_please_to_save_my_life_savings/i8du8nh/', 'I have experienced the loses so much money over the years lol 9 years pro trader. Guess what? Its OK, life goes on and it becomes something to laugh about.\n\nAs the others have said, you are young, half my age and I still feel young.\n\nPick yrself up Son HODL that BTC for a long time and use this experience to grow and Become Stronger, you can do it!\n\nPeace out.', 'uod6hc']]], ['u/poncha_michael', '💖 Loving Ledger 💖', 35, '2022-05-13 00:40', 'https://www.reddit.com/r/ledgerwallet/comments/uodajb/loving_ledger/', "I've seen lots of people having issues with their Ledger and lots of negativity towards the company. I thought I would try to add some positivity. I'm sure the team could use a kind word every now and then.\n\nI absolutely love my Ledger Nano X! It brings me great peace of mind knowing that access to my BTC, ERC20 tokens, and others have Ledgerndary protection. I really like the LL update and that it fixed the bug with Cosmos/Keplr wallet. Now my Solflare wallet is protected as well.\n\nMy device works perfectly, and I would highly recommend it.\n\nA most sincere thank you to all of the people on the Ledger Team working to constantly improve the product!", 'https://www.reddit.com/r/ledgerwallet/comments/uodajb/loving_ledger/', 'uodajb', [['u/rxe8', 11, '2022-05-13 00:55', 'https://www.reddit.com/r/ledgerwallet/comments/uodajb/loving_ledger/i8dppg3/', 'ordered a nano s plus 2 days ago it arrived within 1.5 days had 0 issues with it', 'uodajb']]], ['u/KnackeredParrot', "What's a great token to get into at current prices?", 13, '2022-05-13 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/uodm6q/whats_a_great_token_to_get_into_at_current_prices/', "I'm sure the first 10 comments will be 'All of them' or 'LUNA' but just hear me out.\n\nLike most I have a good chunk of BTC/ETH then a number of Alts. Over time I've been tempted by some other projects but with the amount of Alts I had already I decided to pump available fiat into those instead.\n\nNow seems a good time to maybe jump on one or two tokens I haven't previously. I know I'm asking for things to go Big Shilly Style but what would be your pick and why?\n\nQuestion aside - it's all crazy at the moment but hopefully this will help weed out the paper hand wobblers and put us on a firmer trajectory going forward. But like virtually everyone else I have no fucking idea and just await the next rise/drop in the rollercoaster.\n\nStay strong homies.", 'https://www.reddit.com/r/CryptoCurrency/comments/uodm6q/whats_a_great_token_to_get_into_at_current_prices/', 'uodm6q', [['u/BlubberWall', 25, '2022-05-13 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/uodm6q/whats_a_great_token_to_get_into_at_current_prices/i8dq3ou/', 'BTC, bear markets are BTC season. I say this as someone with a lot of alts as well, I’m mainly planning to add to my BTC bag this market', 'uodm6q'], ['u/365Dillweed365', 18, '2022-05-13 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/uodm6q/whats_a_great_token_to_get_into_at_current_prices/i8ds5o4/', 'Polkadot is just getting started.', 'uodm6q']]], ['u/Cornhorn72', "I don't get what Butters endgame is", 60, '2022-05-13 02:32', 'https://www.reddit.com/r/Buttcoin/comments/uofg1j/i_dont_get_what_butters_endgame_is/', "They really think that eventually everyone is going to agree that all the wealth in the world is theirs just because some random bar-napkin game that someone came up with in the mid 2000s says so?\n\nNational currencies have power because they are backed by the power of national governments. Without that, it's just paper. \n\nEven if everything they want to happen comes true and we're living in the ancap fantasy they have, why would they're Bitcoin matter? People with actual material wealth (goods and capital) wo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Friday, XRP rallied by 9.8% to shake off the heavy losses of Wednesday and Thursday.\n• The upside came as the Ripple defense team submitted a reply to the SEC’s brief on the Hinman documents.\n• Key technical indicators bearish. XRP sits well below the 50-day EMA.\nOn Friday,XRPrallied by 9.81%. Reversing a 7.44% slide from Thursday, XRP ended the day at $0.3843. The upside came amidst the market focus on Friday’sSEC v Ripplecourt date.\nA broad-based crypto rally delivered XRP support as the markets looked to move on from the TerraUST (UST) de-pegging and the demise of TerraLUNA.\nMarket forces shifted in response to Tether (USDT) moving back toward parity against the dollar. On Thursday, USDT had fallen back to $0.95 levels, raising concerns of another stablecoin collapse.\nOn Friday, Ripple Defendants filed a reply to the SEC Attorney-Client Privilege claims concerning the famous William Hinman speech and notes.\nDefense attorney James Filan shared the Ripple response onTwitter.\nAddressed to Judge Sarah Netburn, the Ripple defense team wrote that the SEC claims are wrong for the following reasons,\n• “The record, in this case, demonstrates that Mr. Hinman delivered his speech in his personal capacity.He sought input from SEC colleagues as to how best to package his remarks.That certain colleagues discussed legal concepts in some of their responses does not imbue them with attorney-client privilege.Second circuit law makes it clear that advice on policy or messaging issues, even for lawyers, is not protected by the attorney-client privilege.\n• While Mr. Hinman was entitled to communicate with SEC lawyers and to receive privileged legal advice when discharging his role as the Director of Corporation Finance, communications about the substance of his personal remarks are not within the scope of any such attorney-client relationship.\n• The communications at issue involve no confidential information concerning the agency that would be protected by the attorney-client privilege.\n• Even if the SEC could establish the elements of the privilege – which it does not – the SEC at most would have identified a privilege claim that it lacks standing to assert because the privilege would belong to Mr. Hinman.\nThe submission goes on to provide details on the four areas of focus outlined above in addition to a William Hinman deposition about his 2018 speech.\nBy way of background, William Hinman, former SEC Director of the Division of Corporation Finance, is a central figure in the SEC v Ripple case.\nHinman said that Bitcoin (BTC) and Ethereum (ETH) are not securities in a 2018 speech. The SEC is looking to shield documents and emails relating to internal discussions and Hinman’s famous speech.\nThe SEC is due to respond to Ripple Defendants’ comments on Wednesday, May 18. For XRP, the SEC response and court ruling could prove to be a pivotal moment in the case.\nAt the time of writing, XRP was down 0.14% to $0.4214.\nXRP will need to move through the $0.4221pivotto target the First Major Resistance Level at $0.4635. XRP would need broader crypto market support to return to $0.46 levels.\nIn the event of an extended rally, XRP should test the Second Major Resistance Level at $0.5056. The Third Major Resistance Level sits at $0.5887.\nFailure to move through the pivot would bring the First Major Support Level at $0.3804 into play.\nBarring another extended sell-off throughout the day, XRP should avoid sub-$0.38. The Second Major Support Level sits at $0.3387.\nTheEMAsand the 4-hourly candlestick chart (below) send a bearish signal. At the time of writing, XRP sits below the 50-day EMA, currently at $0.4934. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, XRP negative.\nA move through the 50-day EMA would support a return to $0.55.\nThisarticlewas originally posted on FX Empire\n• Ford sells shares in EV maker Rivian for $188.2 million\n• Do spam bots really comprise under 5% of Twitter users? Elon Musk wants to know\n• Ukraine collects Russian dead as war rages on multiple fronts\n• North Korea’s Kim says COVID ‘great turmoil’, 21 new deaths reported\n• Musk says $44 billion Twitter deal on hold over fake account data\n• XRP Rallies as Ripple Submits Response to the SEC’s Hinman Claims', 'Hi friends!\nWelcome back toWeek In Review, the newsletter where we wrap up many of the top stories to cross TechCrunch\'s front page over the last seven days.\nThebig thingthis week — at least based on what our backend suggests readers cared about most — was the crypto market plunging hard and fast. Bitcoin is down over 25% month-over-month, from around $41k per BTC to around $30k at the time I\'m writing this. Ethereum is down over 30% in the same time frame — from around $3,100 per ETH to around $2,000.\nWhy? For that I defer to Lucas and Anita and their new podcast/newsletterChain Reaction. Any time I write about cryptocurrency I tend to feel dumb and wrong within about 48 hours — fortunately, the Chain Reaction team has amuchbetter grasp on this stuff than I do. This week they sat down with repeat-founder-turned-investor Kevin Rose, who says this is his "10th or so" crypto downturn, for some insights.\nMy goal with Week In Review is to keep you all feeling informed — to make it so that, when you click in at the end of a busy week, you can skim WiR and feel like you\'ve got a pretty good sense of what happened in tech. So let\'s dive in!\nImage Credits:Google\nBesides a crypto crash, what else happened this week? Lots.\nGoogle I/O happened!:Whether everyone\'s over buying a new phone every year or we\'re all just focused on themillion other thingsgoing on right now, it felt like Google\'s annual conference/keynote just kinda... came and went. While Google kepta lotof the actual details under wraps, the big news out of the show was early glimpses of a new Pixel phone, a new "Pro" line of Pixel ear buds, and improvements to Google Maps, Assistant, and Translate. Oh, and Google\'s finally making their own smartwatch! Oh, oh, and they\'re still playing with the idea of Google Glass. I don\'t wear glasses (yet), but the live, real-world subtitles inthis concept videowould have me rocking a pair in a heartbeat.\nMore tech layoffs:Unfortunately, the recent trend of tech layoffs continues. Over thelast few weekswe\'ve seen layoffs from Robinhood, Netflix, Thrasio, Cameo, OnDeck, and MainStreet. This week that list grew to include Carvana, Latch, DataRobot, and Section4. Meanwhile, a number of big tech cos. announced that they\'re slowing or outright freezing hiring. Amanda and Natasha have the full breakdown.\nInstagram is testing NFTs:Because of course they are. Remember when Instagram was just a place where we\'d spend way too much time taking sepia-toned pictures of our breakfast and that was enough?\nTiger Global has nearly depleted its latest VC fund:Well, that was fast. In March of this year, Tiger Global closed its latest venture fund with a gigantic $12.7 billion in commitments. Just months later, Connie Loizos writes "that new fund — which reportedly took less than six months to raise and includes $1.5 billion in commitments from Tiger Global’s own employees — is almost fully invested already."\nDJI\'s Mini 3 Pro:DJI has a new drone, and TC\'s Darrell Etherington is a fan so far (with the caveat that he mostly recommends the most expensive option, which is a few hundred bucks more than the $669 base model).\nRow, row, row your... Peloton?:The company best known for its exercise bikes (and more recently treadmills) has a new piece of at-home exercise hardware in the works: a rowing machine. While it feels like rowing machines are having a bit of a moment right now, it\'s hard to imagine that this alone turns things around for Pelotonafter an incredibly rough quarter— but, as Brian Heater puts it, it\'s at least "a bright spot" for the company after a streak of bad news.\nImage Credits:Bryce Durbin/TechCrunch\nWe have a paywalled section of our site called TechCrunch+. It costs a few bucks a month and it’s full of very good stuff! From this week, for example:\nUS Visa options for international founders:So you started your company outside of the US and now you want to move to Silicon Valley. What can you do? Immigration attorney Sophie Alcorn runs through the options.\nWhy Airbnb is reinventing itself:Airbnb went through a major overhaul this week, in a move that CEO Brian Chesky calls a "top-to-bottom upgrade." Jordan Crook sat down with him to learn what changed and why.\nDutch\'s $20M Series A Deck:It\'s pitchdeck teardown time! Haje takes a look at the deck used by pet telemedicine platform Dutch to raise a $20M Series A. Can every pitchdeck pull off 14 photos of adorable animals? Probably not. But this one can, much to Haje\'s delight.', 'Bitcoin. ARMEND NIMANI/AFP via Getty Images Here are three of the week\'s top pieces of financial insight, gathered from around the web: Too-great expectations College students are dreaming too big when it comes to first-job salary expectations, said Wyatte Grantham-Philips in USA Today . A survey by Real Estate Witch found that today\'s students "expect to make about $103,880 in their first job" after graduation. "The reality is much lower \x97 as the average starting salary is actually about half that, at $55,260." The extent of the overestimation could contribute to further disillusionment with the higher-education experience. Already, "less than half the respondents felt college is worth the cost." Job prospects for the class of 2022 are better than in recent years, however, "and most fields have seen increases" in starting salaries \x97 though they are still not nearly as high as many students think. Scammed by romance and Bitcoin A Texas woman is suing two digital currency exchanges she claims abetted an $8 million "pig-butchering" fraud, said Francesca Maglione and David Voreacos in Bloomberg . "Pig butchering **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: 2022-05-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $561,777,162,167 - Hash Rate: 219043595.19084564 - Transaction Count: 290225.0 - Unique Addresses: 725013.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.09 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Business development companies (or BDCs) offer generous yields to income investors. Great Elm Capital ( GECC ) is a BDC that makes loans and middle market investments. Newtek Business Service ( NEWT ) provides financial and business services to small and medium-sized businesses in the U.S. Capital Southwest ( CSWC ) offers credit and private equity investments in middle market companies, but also invests in buyouts, recapitalizations and late venture-stage companies. When it comes to investing for dividends, the strategies that are available in the market are numerous. They include investing for dividend growth, dividend safety, and the subject of this article, high current yield. Depending upon one’s goals, one of these may suit best, or in some cases, a combination of these strategies is best. As part of executing a strategy that involves seeking high yields, sector selection plays a big role. After all, technology and consumer discretionary stocks, for instance, tend to have low yields, so they’d be inappropriate. So where can investors turn for high current yields? Business development companies offer generous yields because they’re required to distribute substantially all of their earnings to shareholders. BDCs receive favorable tax treatment, and in return, they aren’t allowed to retain earnings in the same way other companies are. That’s good for income investors because yields in the sector are routinely in the mid-single digits or better. InvestorPlace - Stock Market News, Stock Advice & Trading Tips In this article, we’ll take a look at three BDCs we like today with high dividend yields, even by BDC standards, to help jumpstart the search for high-yield components for an investor’s portfolio. Ticker Company Price GECC Great Elm Capital $14.49 NEWT NewTek Business Service $25.26 CSWC Capital Southwest $23.53 BDCs: Great Elm Capital (GECC) The word "dividend" highlighted in a dictionary. Source: Shutterstock Our first BDC is Great Elm Capital, a BDC that makes loans and middle market investments. The company primarily makes debt investments from which it hopes to generate interest income, although it does make targeted income-producing equity investments at times. Story continues Great Elm has a relatively narrow focus for a BDC, in that it prefers investments in media, commercial services and supplies, healthcare, telecom, and communications equipment. Many BDCs choose to diversify their industry exposure as much as possible to reduce risk, but Great Elm has chosen a more targeted strategy. 7 Dividend Stocks to Buy for May With Yields Over 6% The company typically invests between $3 million and $10 million per target company, and targets generally have between $3 million and $75 million in annual revenue. These are companies that are generally to small to be able to access public markets funding, which is where the BDC steps in, the so-called “middle market.” Great Elm was founded in 2016, so it’s a relatively new firm, is set to produce about $27 million in revenue this year, and trades with a market capitalization of $67 million. Given this, scale is certainly not an advantage Great Elm enjoys. Great Elm made the list because it’s yield is otherworldly, clocking in at a staggering 16.6%. This is due to an extremely high payout, but also the bout of weakness the stock has suffered so far this year. This combination has produced a world-beating yield, but of course, this kind of yield carries with it inherent risks. Investors would generally flock to a “guaranteed” 16% annual return through dividends, but in Great Elm’s case, the market is likely discounting a dividend cut. The company’s most recent dividend paid was 60 cents per share, paid on a quarterly basis, or $2.40 per share annually. However, we see earnings at just $1.53 for this year, meaning there’s a funding gap of nearly a dollar per share. Great Elm can fill that gap temporarily through debt or equity issuance, but those methods cannot carry on forever. Thus, we caution on Great Elm that the yield is extremely high today, and may remain that way for some time, but that the risk of a dividend cut is quite elevated. Newtek Business Service (NEWT) 6 Monthly Dividend Stocks to Buy Source: Shutterstock Our next BDC is Newtek Business Service Corp. a company that provides financial and business services to small and medium-sized businesses in the U.S. Newtek operates a segment that is a traditional BDC – one that makes investments in middle market companies – but it also has a diverse suite of other services it provides outside the normal realm of a BDC. Other services include electronic payment processing, loan origination, technology solutions such as web hosting and data storage, insurance, payroll management, tax filing and much more. Newtek was founded in 2013, should generate about $79 million in revenue this year, and trades with a market capitalization of $612 million. Newtek pays a variable dividend, so it rises and falls with each declaration, typically. The most recent quarterly dividend was 75 cents per share, or $3 on an annualized basis. That is good enough to give Newtek a 13% yield today, but as was the case with Great Elm, investors must understand the risk involved. We see $2.66 in earnings for this year on a per-share basis, meaning the most recent dividend – on an annualized basis – would exceed earnings. Whether that results in a cut ultimately remains to be seen, but for now, Newtek offers a yield that is about 10 times that of the S&P 500 . BDCs: Capital Southwest (CSWC) a bag on a table with the word "dividends" on it. represent dividend stocks to buy Source: Shutterstock Our final BDC is Capital Southwest, a BDC that offers credit and private equity investments in middle market companies, but also invests in buyouts, recapitalizations, and late venture stage companies. The company is highly diversified in terms of industry exposure, and investments tend to range between $5 million and $25 million per portfolio company. Capital Southwest selects companies with $10 million in revenue or more, profitable operations, and a growth rate of at least 15% annually. The BDC was founded in 1961, should produce about $83 million in revenue this year, and trades with a market capitalization of $558 million. 7 Restaurant Stocks Ready for a ‘Revenge Travel’ Rally Capital Southwest’s most recent dividend declaration included a payout of 48 cents per share for the regular dividend, but also a special dividend of 15 cents per share. The normal payout annualizes to $1.92, or a yield of 8.2%. The special dividend boosts that by another 0.6%. While the yield is lower for Capital Southwest than the others on this list, we see its payout as much safer. We believe Capital Southwest can produce almost $2 per share in earnings this year, meaning it can very likely cover the dividend. Final Thoughts While not all BDCs are created equal, if one knows where to look, some truly outstanding dividend yields can be found. We’ve highlighted three examples – Great Elm, Newtek, and Capital Southwest – that offer market-beating yields with varying levels of safety and growth. While BDC investing isn’t suitable for everyone, for those focused on income generation, the group can provide a pure-play income opportunity. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t matter if you have $500 in savings or $5 million. Do this now. Get in Now on Tiny $3 ‘Forever Battery’ Stock Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post 3 Business Development Companies With Dividend Yields Over 8% appeared first on InvestorPlace .... - 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:** ['Photograph: Xinhua/Rex/Shutterstock Jeff Bezos knew this day was coming. Back in April the Amazon boss warned of an impending market slowdown, tweeting that the epic tech boom experienced during the last two years could not last for ever. “Most people dramatically underestimate the remarkableness of this bull run,” he said. “Such things are unstoppable … until they aren’t. “Markets teach,” Bezos added. “The lessons can be painful.” For years the tech industry has led the stock market with bust-out profits, fueled by a pandemic that moved much of the world online. Now all that has changed, with trillions in market value lost in recent weeks. Once-hot startups are being ditched by investors, and even the tech giants seen as stable investments have faltered. Related: Global stock markets fall sharply amid fears over inflation and China slowdown Apple is no longer the most valuable company in the world, after losing $200bn in market value this week. It joins a number of other tech companies in a slump that began in late 2021, and brought the larger Nasdaq Composite down more than 13% in April – a more than 30% drop from record highs the previous year. Meta lost a record $230bn in market value in February after a disappointing earnings report in which it revealed its Facebook platform had experienced its first ever user decline. Amazon reported its first loss since 2015 in its most recent earnings report last month. Alphabet revenue fell short in its first-quarter report. Smaller firms are also struggling, with pandemic success story Peloton seeing shares plunge 20% this week as demand for indoor exercise equipment fell. Hiring freezes underscore a post-pandemic slowdown Twitter announced in an internal memo on Thursday it was freezing new hires, and Meta did the same last week , citing an expense guidance given in its recent earnings report. Amazon said in a recent earnings call its warehouses were “overstaffed” and while it is not considering layoffs it is “working to remedy that”. Story continues Startups are seeing similar trends, with layoff tracking site Layoffs.fyi showing at least 55 tech firms have reported layoffs since the start of 2022 – compared with just 25 in the same time period of 2021. The hiring slowdown comes even as the broader market experiences employment growth, adding 431,000 jobs in April . The freeze is evidence that the boom in the market came from a confluence of unique factors, and was not a long-term trend, said Investing.com senior analyst Haris Anwar. “Overall market sentiments are reversing from the very bullish sentiment we’ve seen during the pandemic, during which the companies saw a huge boom in demand. In the post-pandemic world, that demand is now coming to more normalized level,” he said. As Covid-19 hit in early 2020, companies such as Peloton, Zoom and Netflix boomed as offices shuttered and people spent more time at home. Zoom saw its value explode more than 500% in one year, but in recent days has seen stock fall nearly to pre-pandemic lows. Netflix, which added more than 36 million subscribers during the first year of the pandemic, has lost more than half of its value since reporting disappointing results on 19 April. This kind of growth cannot be predicted, nor can it be maintained forever, said Raj Shah, analyst at digital transformation consultancy Publicis Sapient . “Revenues are down, costs are up, and tech companies are going to do what every other company in this situation would do – cut costs through freezing hiring, get rid of costs like unused real estate, push for higher productivity and re-examine investments,” he said. “Is this a tech bust? It remains to be seen,” he added. Other factors at play Pandemic recovery is not the only component slowing tech companies’ runaway growth, experts say. The war in Ukraine has had an effect on advertising spending and has accelerated supply chain problems already introduced by the pandemic, a difficulty cited in a number of recent earnings calls. “The war in Ukraine, which is a real tragedy on a humanitarian level, has also had an impact on our business,” Meta’s CEO, Mark Zuckerberg, said in a call with investors accompanying its first-quarter earnings report. “We’ve been blocked in Russia and we decided to stop accepting ads from Russian advertisers globally. We’ve also seen effects on business globally following the start of the war.” Such headwinds are likely spooking investors, said Brian Wieser, the global president for business intelligence at GroupM, accelerating the slowdown. “There’s an overwhelming sense of fear and concern a lot of decision makers have around all things economic right now,” he said. “The war certainly catalyzed a lot of it, but inflation and supply chain issues were already a problem.” US inflation was higher than expected in April, nearing a 30-year high at 8.3%. Inflation broadly impacts consumer spend, which can have a major impact on companies that rely on e-commerce. Fears that the Federal Reserve will continue to raise interest rates to the point where the economy will slip into recession is further affecting investor decisions, said Anwar, as many shy away from high-growth tech stocks. “Markets always thinking in advance,” he said. “Many investors are acting as if a depression is a done deal. Is that going to happen? It’s a big question mark. But it is why we are seeing an exodus from these stocks.” Crypto takes a hit The tech slowdown has not been limited to the traditional market. As cryptocurrencies took a major nosedive this week, and Bitcoin fell well below $30,000 for the first time in nearly a year, wiping more than $200bn off the broader market, some declared that “crypto is dead”. Crypto’s stumble has been attributed, in part, to a recent shake-up in the market when a popular “stablecoin” called TerraUSD collapsed. Stablecoins, a type of digital currency pegged to the US dollar, are thought to be less volatile than traditional cryptocurrencies. Its fall has investors spooked that this is perhaps not true, said Tammy Da Costa, Analyst at DailyFX , as evidenced by the collapse of Terra coupled with a dismal earnings report from major crypto exchange Coinbase. “A major concern is that many retail traders have invested in bitcoin and cryptos in an effort to receive higher returns in a low interest rate environment,” he said. “Now, as price pressures mount and the cost of living continues to soar, fears [have raised] that a systemic shock may occur if large institutions continue to withdraw funds from their crypto portfolios.” Aside from digital currency blunders, the same market forces influencing big tech companies could also be affecting digital currencies, said Wieser. Although crypto has traditionally been thought of as separate from the market, it cannot escape the war in Ukraine and other major headwinds. “Higher interest rates make everyone more conscious about investing and the choices they’re making when it comes to momentum driven assets,” he said. “It doesn’t take a lot to send these kinds of markets the other direction.” Not a slump, but a deceleration While many are panicking, Wieser is quick to note that it’s not as if these companies are failing – it is that the explosive growth seen over the last two years is not sustainable. “Deceleration is not the same as decline,” he said. “If you’ve grown 20-30%, and then you are suddenly growing just 10%, it might feel like a significant change. But it’s not a crash.” While tech companies seem to be slowing hiring patterns, there are not yet indications that mass layoffs are on the horizon for leading companies such as Meta, Twitter, and Amazon – all of whom have all expressed that they have no plans to downsize. Still, rumors have been roiling that big cuts are on the horizon for smaller firms. “The next 6-8 weeks is going to be a bloodbath,” tweeted JD Ross , co-founder of the music investment platform Royal. “I’m hearing rumors about a ton of companies preparing to lay off 20-40% of their team.” The slowdown is coming from a confluence of factors affecting companies across the entire market, said Shah of Publicis Sapient: inflation, the war in Ukraine, supply chain woes, and changing consumer behaviors. Big tech companies will probably remain “safe harbors” – long woven into our digital lives and more likely to weather the storm of the market. But how the larger industry will be altered remains to be seen. “Tech shares are in for a bumpy ride,” he said.', 'Photograph: Xinhua/Rex/Shutterstock Jeff Bezos knew this day was coming. Back in April the Amazon boss warned of an impending market slowdown, tweeting that the epic tech boom experienced during the last two years could not last for ever. “Most people dramatically underestimate the remarkableness of this bull run,” he said. “Such things are unstoppable … until they aren’t. “Markets teach,” Bezos added. “The lessons can be painful.” For years the tech industry has led the stock market with bust-out profits, fueled by a pandemic that moved much of the world online. Now all that has changed, with trillions in market value lost in recent weeks. Once-hot startups are being ditched by investors, and even the tech giants seen as stable investments have faltered. Related: Global stock markets fall sharply amid fears over inflation and China slowdown Apple is no longer the most valuable company in the world, after losing $200bn in market value this week. It joins a number of other tech companies in a slump that began in late 2021, and brought the larger Nasdaq Composite down more than 13% in April – a more than 30% drop from record highs the previous year. Meta lost a record $230bn in market value in February after a disappointing earnings report in which it revealed its Facebook platform had experienced its first ever user decline. Amazon reported its first loss since 2015 in its most recent earnings report last month. Alphabet revenue fell short in its first-quarter report. Sm **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: 2022-05-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $563,381,587,388 - Hash Rate: 189527082.3637104 - Transaction Count: 235433.0 - Unique Addresses: 599841.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. A two-day rally of nearly $2,000 in the bitcoin ( BTC ) price appears to have quickly petered out. As of press time the largest cryptocurrency by market value was down 1% in the past 24 hours, wiping out some of its recent gains. Bitcoin was changing hands at $41,064, off from a high of $42,209 reached earlier Wednesday. 21Shares and ETF Securities announced Wednesday they will both launch spot exchange-traded products for bitcoin and ether in Australia next week. There’s also optimism for a spot bitcoin exchange-traded fund (ETF) in the U.S. following the Securities and Exchange Commission’s approval of Teucrium Futures Fund. Teucrium’s application was approved under the “34 Act” (the Securities Exchange Act of 1934) instead of the “40 Act” (the Investment Company Act of 1940) under which all previous bitcoin futures ETFs were approved. With some spot bitcoin ETF applications filed under the 33 and 34 Acts, some analysts see the Teucrium decision as opening the way for a spot bitcoin ETF to win approval. “I don't think there's any one major catalyst for price movement up or down right now,” said Jason Deane, bitcoin market analyst at Quantum Economics. “There are those who are trying to connect today's earlier jump with Australia's ETF announcement or Commerzbank's crypto custody application, but I think those are more of the steadily improving macro backdrop for bitcoin generally than reasons behind specific moves right now.” “Medium- to long-term outlook remains very bullish,” Deane said. “Immediate to short term is uncertain and may well stay range-bound for some time yet.” Investors appear to be confident in bitcoin’s long-term value. “On-chain data shows long-term holders continue to accumulate and more bitcoin than ever is now 'locked,’” Deane said. Among long-term bitcoin holders, “the BTC accumulation is not only a whales' game,” IntoTheBlock Insights wrote in a Telegram message. Blockchain data shows that “addresses holding less than 10 bitcoins have increased their holdings dramatically in 2022,” according to the firm. “Bitcoin on-chain metrics continue to be bullish as bitcoin exchange reserves plummet further,” wrote Marcus Sotiriou, analyst at the UK based digital asset broker GlobalBlock in a newsletter. “This signals that the proportion of long-term holders are increasing as fewer people are willing to leave their Bitcoin on exchanges.” Ether ( ETH ) fell 1.6% in the past 24 hours, still trading just above $3,000. U.S. stocks were mixed, with the S&P 500 up 0.16% and the Nasdaq down 1.04%.... - Reddit Posts (Sample): [['u/paulminors', 'Bitcoin tax free everywhere now it’s legal tender in two countries?', 44, '2022-05-15 00:33', 'https://www.reddit.com/r/Bitcoin/comments/ups24g/bitcoin_tax_free_everywhere_now_its_legal_tender/', 'I was recently listening to the [Orange Pill podcast](https://podcasts.apple.com/nz/podcast/orange-pill-podcast/id1527940173?i=1000558910300) and host Stacey stated that because Bitcoin is legal tender in at least two countries (El Salvador and Central African Republic) according to the UN charter it shouldn’t be taxed in all UN countries. \n\nI looked at the UN charter but couldn’t find evidence of this. Can anyone confirm or deny this statement?', 'https://www.reddit.com/r/Bitcoin/comments/ups24g/bitcoin_tax_free_everywhere_now_its_legal_tender/', 'ups24g', [['u/link_dead', 28, '2022-05-15 01:24', 'https://www.reddit.com/r/Bitcoin/comments/ups24g/bitcoin_tax_free_everywhere_now_its_legal_tender/i8mtnyd/', 'Yep sounds legit, just upload the podcast with your 1040.', 'ups24g'], ['u/eitoajtio', 27, '2022-05-15 04:47', 'https://www.reddit.com/r/Bitcoin/comments/ups24g/bitcoin_tax_free_everywhere_now_its_legal_tender/i8nhfbo/', "That's not how it works. \n\nYou can literally trade USD to another fiat and back, you still pay taxes on gains.", 'ups24g'], ['u/BastiatF', 10, '2022-05-15 08:54', 'https://www.reddit.com/r/Bitcoin/comments/ups24g/bitcoin_tax_free_everywhere_now_its_legal_tender/i8o3vqh/', 'Not what we are talking about here. Suppose you buy EUR at your local bureau de change then weeks later spend them at a restaurant. If EURUSD has gone up in between the two events, do you owe capital gains tax? Obviously not, otherwise every trip abroad would become a huge tax headache.', 'ups24g']]], ['u/AnimalFarmKeeper', 'Hilarious Private Message From /r/Bitcoin Moderator', 176, '2022-05-15 00:43', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/', "So I got automodded trying to post a warning about Tether development, then subsequently got this missive by private message\n\n*I know you buttcoiners aren't the brightest bunch, but are you guys really unaware of what margin funding is?*\n\n*That interest is paid by the traders that are borrowing the USDT to trade with leverage. The interest is not by Bitfinex. The interest rate for USDT goes up when USDT is in higher demand from the traders. The APR constantly changes and the interest is paid hourly.*\n\n*Want to see why the interest rate is so high right now?* [***Look at the longs on Bitfinex.***](https://www.tradingview.com/symbols/BTCUSDLONGS/) *Longs are through the roof. So USDT is in high demand by leveraged traders right now.*\n\nI explained to Mr. ShitForBrains, that Bitfinex/Tether will of course be hoovering up tokens, under the guise of them being bought on margin, and pay that margin in more worthless unbacked tokens. Of course, he prefers the explanation which does not involve the potential imminent collapse of crypto's central bank.", 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/', 'ups8fz', [['u/lugarou', 90, '2022-05-15 00:45', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mom1t/', 'Yikes. So what happens when the gambling addicts who trade on margin can’t pay them back because the purchased assets are worthless? \n\nUm, but what if the gambling addicts only took out margin loans because they were *already* broke? \n\nWe’re still early (in the crash).', 'ups8fz'], ['u/UmichAgnos', 22, '2022-05-15 00:53', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mplhj/', 'You can explain that this is exactly the function anchor had for terra/luna. The high APR keeps you locked into terra/tether, and dissuades you from cashing out into real money.', 'ups8fz'], ['u/robyr', 170, '2022-05-15 00:55', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mpwln/', 'I have a strong suspicion, but no hard evidence, that the mods on that subreddit are literally paid shills for the large exchanges', 'ups8fz'], ['u/BoogleBuddy', 42, '2022-05-15 01:09', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mrpgj/', 'So basically promising a fixed return deposit, with an underlying high risk debt that has high probability of default? Sounds like 2008 mortgage crisis again. Wow, such a great model!', 'ups8fz'], ['u/DrSkoolie', 15, '2022-05-15 01:10', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mrw8p/', 'ELI5: What is margin funding and why would you use it to go long on Bitfinex?', 'ups8fz'], ['u/Diamond_Road', 16, '2022-05-15 01:17', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8msrjv/', 'They will Claim bankruptcy and be able to start over unfortunately', 'ups8fz'], ['u/lugarou', 14, '2022-05-15 01:23', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mtgf8/', 'Correct - but what does that mean for the “margin funding” on Bitfinex that the mod was saying would come from these bankrupt gambling addicts? \n\nIf they have no money, they aren’t paying their margin loan back - principal or interest. If they declare bankruptcy, there will be no collections either. It will end up as Bitfinex losses. USDT and Bitfinex are headed for collapse.', 'ups8fz'], ['u/JohnathanDee', 22, '2022-05-15 01:40', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mvox7/', 'Tell him that the only value backing the Ponzi Net is fiat currency, and that cryptocurrency itself has already failed, as a currency. \n\nTell him that DeFi is jargon. They aren\'t "trading" the "margin". They aren\'t "investors", because *there is no value*', 'ups8fz'], ['u/lugarou', 24, '2022-05-15 01:47', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mwg6q/', 'Because it is a fraud. By theoretical design, a (non-algo) stablecoin’s market cap is equal to its cash/cash-equivalent assets. Tether did not have $87 billion and now that it has redeemed and burned $10 billion of market cap, it has an even lower percentage of the claimed $76 billion than it had of the $87 billion.\n\nIt’s a giant fraud and as more of the market realizes that there isn’t much left to get out of Tether, the harder it and its peg are going to get hit - and the knock-on effects will see BTC and all the rest hit by the same pressure.', 'ups8fz'], ['u/AnimalFarmKeeper', 36, '2022-05-15 01:54', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mxdsa/', "Following this he did what to be fair is reasonably typical.\n\n1. Said I was talking nonsense\n2. Said I should stop posting about this stuff because I could hurt people\n3. Said something to the effect of 'hey, so what if it's all a scam, so is everything, keep out, not your concern'\n4. Then some rubbish about leaving this crypto apple cart alone, because I could enrage powerful people, and that even he himself can have anyone disappeared with a mere phone call.\n5. Then banned me from /r/Bitcoin", 'ups8fz'], ['u/JohnathanDee', 20, '2022-05-15 01:56', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8mxlzu/', 'LOL...\n\n>4. Then some rubbish about leaving this crypto apple cart alone, because I could enrage powerful people, and that even he himself can have anyone disappeared with a mere phone call.', 'ups8fz'], ['u/Apprehensive_Rule846', 28, '2022-05-15 02:34', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8n242p/', 'r/cryptocurrency for ya', 'ups8fz'], ['u/gittlebass', 61, '2022-05-15 02:38', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8n2k03/', 'Yup, all the do is shield bitcoin from any criticism, its an echo chamber of idiots', 'ups8fz'], ['u/JohnathanDee', 24, '2022-05-15 02:48', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8n3qxn/', "He came after me in my DMs... Whatever you said to him. But I told him to fuck off, screen capped and posted back here for more godl\n\nI tried to reply they should just permaban me from arrr Bitcoin but I had already been muted for 28 days or something. \n\nI'm sure I can get banned another way", 'ups8fz'], ['u/robyr', 20, '2022-05-15 02:59', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8n52sk/', 'Delusions of grandeur exemplified. Dude probably thinks that because he has 2k in a checking account he is one step removed from having a hitman on-call', 'ups8fz'], ['u/JohnathanDee', 18, '2022-05-15 03:05', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8n5oq6/', "Watch out he DMed me! I'm NOT joking. One sec I'll edit with the screenshot....\n\n... Processing....\n\nhttps://www.reddit.com/r/Buttcoin/comments/upu33p/i_meant_the_whole_decentralized_finance_space_not/?utm_medium=android_app&utm_source=share", 'ups8fz'], ['u/Garrand', 24, '2022-05-15 03:32', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8n8rgx/', 'Well the people responsible for 2008 got away with it so I can see the appeal.', 'ups8fz'], ['u/BlackSoapBandit', 13, '2022-05-15 04:38', 'https://www.reddit.com/r/Buttcoin/comments/ups8fz/hilarious_private_message_from_rbitcoin_moderator/i8ngdas/', "This is usually the case on the much larger subs. \n\nTheres no rule against refusing to disclosure that sort of information. Which is why I'm usually very skeptical about... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Nikkei bounces 1.2% after Wall St steadies * China data seen bleak amid zero-COVID drive * Dollar holds near 20-year highs, euro soft By Wayne Cole SYDNEY, May 16 (Reuters) - Asian share markets were attempting a rare rally on Monday after Wall Street managed a bounce from deep lows, though investors were also braced for bad news from Chinese economic data due later in the session. Forecasts are for a fall of 6.1% in China\'s annual retail sales, while industrial output is seen rising just 0.4%. Risks are to the downside given new bank lending in China hit the lowest in nearly four and half years in April. "The reports should highlight the economic damage from the country\'s zero-COVID policy - we expect contractions in production and demand indicators," said Bruce Kasman, head of economic research at JPMorgan. "Having lowered our full-year GDP forecast to 4.3%, the policy response to weakness remains surprisingly tame," he added. "The CNY is where the action is, as the PBOC has been silent despite the recent sharp depreciation." Beijing on Sunday did allow a further cut in mortgage loan interest rates for some home buyers and there was talk the central bank might cut its medium term lending rate on Monday by 10 basis points. MSCI\'s broadest index of Asia-Pacific shares outside Japan firmed 0.3%, after shedding 2.7% last week to hit a two-year low. Japan\'s Nikkei rose 1.2%, having lost 2.1% last week even as a weak yen offered some support to exporters. S&P 500 stock futures edged up a further 0.3% in early trade, while Nasdaq futures added 0.6%. Both remain far from last year\'s highs, with the S&P having fallen for six straight weeks. Sky-high inflation and rising interest rates saw U.S. consumer confidence sink to an 11-year low in early May and raised the stakes for April retail sales due on Tuesday. DOWNGRADING GROWTH A hyper-hawkish Federal Reserve has driven a sharp tightening in financial conditions, which led Goldman Sachs to cut its 2022 GDP growth forecast to 2.4%, from 2.6%. Growth in 2023 is now seen at 1.6% on an annual basis down from 2.2%. Story continues "Our financial conditions index has tightened by over 100 basis points, which should create a drag on GDP growth of about 1pp," said Goldman Sachs economist Jan Hatzius. "We expect that the recent tightening in financial conditions will persist, in part because we think the Fed will deliver on what is priced." Futures imply 50 basis-point hikes in both June and July and rates between 2.5-3.0% by year end, from the current 0.75-1.0%. Fears that all this tightening will lead to recession spurred a rally in bonds last week, which saw 10-year yields drop 21 basis points from peaks of 3.20%. Early Monday, yields were up a shade at 2.94%. The pullback saw the dollar come off a two-decade top, though not by much. The dollar index was last at 104.550, and within spitting distance of the 105.010 peak. The euro stood at $1.0397, having got as low as $1.0348 last week, while the dollar edged up to 129.44 yen after dipping as deep as 127.54 last week. In cryptocurrencies, Bitcoin was last up 5.1% at $31,277, having touched its lowest since December 2020 last week following the collapse of TerraUSD, a so-called stablecoin. In commodity markets, gold was pressured by high yields and a strong dollar and was last up 1.1% at $1,810 an ounce having shed 3.8% last week. Oil prices were on the rise as U.S. gasoline prices reached a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans Russian oil. Brent was quoted 73 cents higher at $112.28, while U.S. crude rose 79 cents to $111.28. (Reporting by Wayne Cole; Editing by Sam Holmes)', '* Asian stock markets : https://tmsnrt.rs/2zpUAr4\n* Nikkei bounces 1.2% after Wall St steadies\n* China data seen bleak amid zero-COVID drive\n* Dollar holds near 20-year highs, euro soft\nBy Wayne Cole\nSYDNEY, May 16 (Reuters) - Asian share markets were attempting a rare rally on Monday after Wall Street managed a bounce from deep lows, though investors were also braced for bad news from Chinese economic data due later in the session.\nForecasts are for a fall of 6.1% in China\'s annual retail sales, while industrial output is seen rising just 0.4%. Risks are to the downside given new bank lending in China hit the lowest in nearly four and half years in April.\n"The reports should highlight the economic damage from the country\'s zero-COVID policy - we expect contractions in production and demand indicators," said Bruce Kasman, head of economic research at JPMorgan.\n"Having lowered our full-year GDP forecast to 4.3%, the policy response to weakness remains surprisingly tame," he added. "The CNY is where the action is, as the PBOC has been silent despite the recent sharp depreciation."\nBeijing on Sunday did allow a further cut in mortgage loan interest rates for some home buyers and there was talk the central bank might cut its medium term lending rate on Monday by 10 basis points.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan firmed 0.3%, after shedding 2.7% last week to hit a two-year low.\nJapan\'s Nikkei rose 1.2%, having lost 2.1% last week even as a weak yen offered some support to exporters.\nS&P 500 stock futures edged up a further 0.3% in early trade, while Nasdaq futures added 0.6%. Both remain far from last year\'s highs, with the S&P having fallen for six straight weeks.\nSky-high inflation and rising interest rates saw U.S. consumer confidence sink to an 11-year low in early May and raised the stakes for April retail sales due on Tuesday.\nDOWNGRADING GROWTH\nA hyper-hawkish Federal Reserve has driven a sharp tightening in financial conditions, which led Goldman Sachs to cut its 2022 GDP growth forecast to 2.4%, from 2.6%. Growth in 2023 is now seen at 1.6% on an annual basis down from 2.2%.\n"Our financial conditions index has tightened by over 100 basis points, which should create a drag on GDP growth of about 1pp," said Goldman Sachs economist Jan Hatzius.\n"We expect that the recent tightening in financial conditions will persist, in part because we think the Fed will deliver on what is priced."\nFutures imply 50 basis-point hikes in both June and July and rates between 2.5-3.0% by year end, from the current 0.75-1.0%.\nFears that all this tightening will lead to recession spurred a rally in bonds last week, which saw 10-year yields drop 21 basis points from peaks of 3.20%. Early Monday, yields were up a shade at 2.94%.\nThe pullback saw the dollar come off a two-decade top, though not by much. The dollar index was last at 104.550, and within spitting distance of the 105.010 peak.\nThe euro stood at $1.0397, having got as low as $1.0348 last week, while the dollar edged up to 129.44 yen after dipping as deep as 127.54 last week.\nIn cryptocurrencies, Bitcoin was last up 5.1% at $31,277, having touched its lowest since December 2020 last week following the collapse of TerraUSD, a so-called stablecoin.\nIn commodity markets, gold was pressured by high yields and a strong dollar and was last up 1.1% at $1,810 an ounce having shed 3.8% last week.\nOil prices were on the rise as U.S. gasoline prices reached a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans Russian oil.\nBrent was quoted 73 cents higher at $112.28, while U.S. crude rose 79 cents to $111.28.\n(Reporting by Wayne Cole; Editing by Sam Holmes)', 'By Herbert Lash NEW YORK (Reuters) - U.S. stocks closed mixed on Monday as downbeat Chinese and New York state data kindled recession fears, but the 10-year Treasury note\'s yield staying firmly under 3% spurred hopes the Federal Reserve will prudently hike interest rate hikes. Chinese retail and factory activity fell sharply in April as COVID-19 lockdowns severely disrupted supply chains while New York\'s factory output slumped in May for the third time this year amid a collapse in new orders and shipments. The Chinese data cast a long shadow over the world\'s second-largest economy while the steep drop in New York manufacturing could be an early signal of the impact of the Fed\'s plans to tighten monetary policy to tackle rapidly rising inflation. MSCI\'s gauge of stocks across the globe closed down 0.21% and Treasury yields fell, with the benchmark 10-year note down 4.7 basis points at 2.886% after hitting 3.2% a week ago. Some see the decline since then as a sign the market has priced in all or most of the Fed\'s expected rate hikes. "The most important thing happening in the market right now is the fact that the 10-year yield has held below 3%," said Tom Hayes, chairman and managing member of Great Hill Capital LLC. Five Fed officials slated to speak on Tuesday also is key considering the market\'s recent tumble, he said. "Usually when you\'re near a low in the market and you got five Fed speakers, they\'re generally not there to talk the market down," Hayes said. With earnings growth turning positive and a more reasonable price-to-earnings ratio, stocks are more attractive, he said. The pan-European STOXX 600 index ended flat, up 0.04%, with declining German and French indices closing lower and Britain\'s FTSE 100 rising on the day. Emerging market stocks rose 0.30% and on Wall Street, the Dow Jones Industrial Average rose 0.08%, but the S&P 500 lost 0.39% and the Nasdaq Composite dropped 1.2%. Story continues China remains an issue, as does Europe, especially eastern Europe and Putin\'s threats toward Finnish and Swedish plans to join NATO, said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder. "When you see big up days, I\'m not surprised to see some profit-taking on the subsequent day," Ghriskey said, referring to Friday\'s rally on Wall Street. "We\'re simply seeing a reaction to recent strength. There are various factors driving the market, but in general, n **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $576,657,252,844 - Hash Rate: 254774110.7184304 - Transaction Count: 272134.0 - Unique Addresses: 663779.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) is stabilizing after a near-10% drop from the $48,000 resistance level earlier this week. The cryptocurrency is holdingsupportabove $43,000 and is roughly flat over the past 24 hours. The relative strength index (RSI) on intraday charts are rising fromoversoldlevels, which could keep short-term buyers active into the Asia trading day. On the daily chart, however, the RSI is neutral with negative momentum, suggesting range-bound price action could persist for a few more days. BTC will need to make a decisive move above above $45,000 in order to yield upside price targets, initially toward $50,966. For now, the price recovery from the January low at $32,933 remains intact, especially given the positive momentum reading on the weekly chart. Still, indicators on the monthly chart suggest upside is limited for BTC over the intermediate term. That means BTC will need to maintain stronger support above $37,560 to keep the three-month uptrend of higher price lows stable. A decisive break below that level could invalidate the recovery phase. The chart below shows key levels to manage short-term risk, per theDeMARKindicators, available onSymbolik.... - 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:** ['Sam Rosenblum never imagined he would work at a crypto-focused investment firm. A Southern California native who spent a "large portion of my life outdoors in the sun, playing sports and hanging out with friends," crypto was not technically a thing until he was in college at UCLA. Stints at the DOJ and as an analyst for a business consulting firm followed, but it was a subsequent year spent with Visa that opened his eyes to the burgeoning world of digital assets -- so much so that when Coinbase began a recruiting push to pull in Rosenblum and some of his colleagues in 2014, two years after Coinbase was founded, he jumped at the opportunity.\nIt was a good move. Coinbase, then a 30-person company, grew fast in the five years that Rosenblum stayed until he decided to join some other Coinbase alums at the crypto fund Polychain Capital. Indeed, armed with a network of contacts from Coinbase and Polychain, Rosenblum was preparing to raise his own fund last year when former Andreessen Horowitz VC Katie Haun reached out to see if he might join her new firm instead.\nNow Rosenblum, along with Chris Ahn, who previously spent four years with Index Ventures, are helping Haun invest the $1.5 billion in capital commitments that her firm -- recently namedHaun Ventures-- garnered earlier this year. To get a better sense of how the young firm works and how it is thinking about investing into a market right now where both stocks and crypto are being dumped, we jumped on a Zoom with Rosenblum, who lives in Sun Valley, Idaho, late last week. Excerpts of that chat follow, edited for length and clarity.\nTC: Let\'s start by backing up a bit.Andreessen Horowitz is an investor in Polychain Capital, whose founder was the first employee of Coinbase. Katie is on the board of Coinbase. She also spent a decade as a federal prosecutor at the DOJ, where you spent your first year out of college. With all of these potential intersections, when did you two first cross paths?\nSR: Katie and I first met in 2017 when she joined the Coinbase board. We didn\'t keep in particularly close touch after I left Coinbase, but in November of last year, I actually set out to start my own venture fund, and so I was working on that and, of course, Katie and I have quite a few friends in common, and so some of these people I had been kind of just prepping and brainstorming with in terms of how to pitch to fund before going out to fundraise. And I think Katie caught wind that I was in process of that and then reached reached out to me, told me what she was thinking about, and I ended up flying out to Menlo Park for a couple days and we jammed together and walked a bunch of laps around the Stanford dish and decided it was a good time to team up. The rest is recent history.\nYou were the first deal lead hired by Katie. How many employees are there at this point?\nWe\'re now 12 people total -- the deal team is currently three people -- and I think we\'ll probably keep the whole firm pretty lean and nimble. We\'ll add a couple of more folks to the deal team over the course of this year but really not much more than that. I think you can imagine Haun Ventures as a 15- to 20-person firm at steady state.\nThis is probably a dumb, but to be clear, this is a traditional fund you are deploying, in that this is actual dollars that will be called down. None of these commitments were in crypto or anything like that.\nThe strategy is obviously very crypto forward but the structure is quite vanilla. We\'re a typical venture structure. We ended up deciding to close on $1.5 billion total across two funds. One vehicle is our $500 million early-stage fund, and the other is our $1 billion acceleration fund for slightly later-stage stuff.\nIt\'s out there that Marc Andreessen and Chris Dixon are limited partners. Are there other individuals or firms that you can mention that have backed the firm?\nMost of our LPs are institutions, from sovereign wealth funds to university endowments to pension plans to hospital systems. And we also have some individual LPs -- mostly just friends of Katie or myself, friends of the firm, so to speak.\nIn terms of backing later-stage outfits, I don\'t see the typical nomenclature of "Series A" or "B" or "C" assigned to a lot of these web3 deals and projects. What constitutes later-stage, in the firm\'s view?\nThe key distinction is just really staged in the form of: how far along the project is in its development, what sort of usage there is. The idea of stage maybe looks a little bit different than in traditional tech venture. Historically, if you\'re looking at a tech venture play, you\'re looking at something where a big outcome would be to have a company you invested in [become a] billion- or multibillion-dollar company, and that\'s true of certain companies in the crypto space that are higher up in the tech stack. But as you get lower and lower, you\'re actually talking about these networks, including Layer One protocols used for a variety of things, and these networks, when you think of what is a home-run outcome, rather than thinking in the billions of dollars, you\'re actually thinking in the trillions of dollars. So when we think of how to define stage for something in that category, [we\'re taking into account the question of] what is the terminal size should this become a big winner? So those are some of the things that we look at.\nHow many different tokens have you acquired or deals have you done so far?\nI would say a dozen or so deals at this point that span a variety of different deal deal structures or asset types.\nTwo companies you\'ve funded have announced their rounds recently, including Zora, a two-year-old, L.A.- based Ethereum-based marketplace for buying, selling and curating NFTs that raised $50 million in new funding. Was that an acceleration deal or an early stage deal?\nThe team at Zora has been around for a couple of years, and they\'ve had a couple of pretty important pivots along the way. To your point, it is one where it\'s kind of funny to define what type of round it is. You can\'t really give it a typical classification of Series A, Series B, whatever. It ends up just being a little bit more loosely defined. They\'ve got some pretty exciting things to announce in the near future about the direction that they\'re headed in, so I won\'t spoil their news for them, but they are off to the races in a really cool way.\nHad they raised funding previously?\nYeah, they\'ve raised, and I don\'t know off the top of my head what they\'ve publicly said about who they\'ve raised from, but it\'s a great group on the cap table or investors that we work with a lot and know well.\nAre those investors how you found the company?\nI\'ve actually known the Zora co-founders since 2018 or so. The whole co-founding team came from Coinbase.\nWhat about Highlight, a 14-month-old Bay Area-based outfit that says it lets creators design and mint NFTs and create a community around them. What drew you to this particular company?\nThe Highlight team is equally impressive, coming from the web2 world -- coming places from Square (now Block) and DoorDash and other well-designed web2 products and services. Ultimately what they want us to do is set out to enable people who are not already super deep crypto engineers to enable communities with web3 tools, so it\'s a no-code platform for doing just that.\nBased on this very limited data sample, it sounds like you\'re tracking a lot of web2 operators and founders who are moving into this web3 world. Is that accurate?\nWe are equally open to backing founders who have worked in crypto for a decade, or maybe they\'ve worked in crypto for a year. What we really care about is their commitment to what they\'re building and their unique insights and intuitions around exactly why they want to build it.\nThere is so much whitespace in web3 that I wonder whether you think about conflicts of interest in the same way that investors have historically. I\'m seeing a lot of NFT-minting-type companies, for example. Would you fund another?\nThat\'s a really important question for crypto venture specifically. The general web2 landscape is one in which a founder or a startup has a very clear set of premises in terms of what they\'re building on top of, things like TCP/IP, HTTP, SMTP -- the dozen or so internet protocols that we all use every day.\nThe unique thing that [founders are] setting out to do in crypto is the inverse of that, where every single layer of the tech stack is evolving in parallel. Even the most basic elements to the crypto tech stack -- the idea of decentralized consensus -- there\'s this constant evolution of types of decentralized consensus or consensus mechanisms.\nSo when you have truly every building block evolving, that tends to lend itself to founders and startups that probably will have to, if not pivot, at least take into account a lot of new information over the course of their startup community.\nWe do take the idea of conflicts seriously and we do want to make sure that we are being really good partners to our portfolio founders, so we would not want to put that in jeopardy. But certainly, what we\'ve already seen is founders maybe start two different startups, starting in a similar neighborhood of an idea that end up, at times, even building at different layers of the crypto tech stack. So there\'s quite a bit of flexibility in the direction things have gone.\nTalking about NFTs, one of the last deals Katie did for Andreessen Horowitz before leaving the firm was the NFT music rights startup Royal, which raised$55 millionled by a16z back in November. Does Haun Ventures have a stake in that company?\nYou\'re exactly right. That was an a16z-led deal, where Katie joined the board as part of that deal. Katie is still on the board of Royal for that, but it is not a Haun Ventures portfolio company at the moment.\nDoes that make it trickier for you to invest in another NFT music rights startup 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: 2022-05-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $571,257,269,956 - Hash Rate: 228364599.24152 - Transaction Count: 278496.0 - Unique Addresses: 683798.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.08 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Ethereum(ETH-USD) stands to benefit as large-cap digital assets are favored • Fund manager perceptions about digital assets are shifting along with those of their clients, benefitting ETH • The transition to a proof-of-stake protocol will benefit Ethereum Source: Filippo Ronca Cavalcanti / Shutterstock.com Ethereum(ETH-USD) makes a lot of investment sense right now because of a few prominent factors. It is increasingly attractive to institutional investors, for one. And Ethereum’s transition to a proof-of-stake (PoS) protocol should raise its prices significantly. Although its price has risen, there’s more room to grow, making it worthwhile at the moment. [] Arecent surveyof fund managers conducted by CoinShares has provided some interesting insights. Importantly for Ethereum, it looks like investors are moving back into large market capitalization cryptos — namely, itself andBitcoin(BTC-USD). InvestorPlace - Stock Market News, Stock Advice & Trading Tips • 7 Biotech Stocks to Buy With Key Catalysts for April The two largest cryptos by market cap have valuations of $389 billion and $833 billion, respectively, with Bitcoin being the more valuable of the two. That survey showed both Bitcoin and Ethereum were rated as having the best growth outlooks. Together, they make up roughly 50% of the answers to the question of which digital asset has the most compelling outlook. The only other name on the list that showed a positive trend since the previous survey wasSolana(SOL-USD). In short, retail investors who understand that institutional investors can sway the markets should consider moving into those names. The reasons institutional investors are moving into large-cap crypto assets like Ethereum may be surprising. Those fund managers responded that they are now investing in ETH not just because it’s speculative, but also because it’s seen as a “good value.” In addition, at least 25% of those fund managers surveyed are adding digital assets for the purpose of diversification. That was up from 15% in the last survey. One thing to take from the survey results is that digital assets like Ethereum are evolving. They aren’t as much of a speculative gamble as before. They are becoming a respected part of a diversified and balanced portfolio. And with large-cap assets en vogue, Ethereum sits in a strong position to receive capital. While the overall news is positive, there are some risks. A greater percentage of the fund managers responded that reputational risk prevents them from investing in digital assets. That suggests crypto still has a poor image in the world of high finance. So even though those institutional investors prefer Ethereum to other cryptos now, it still has a bit of a tarnished name. The overall take is positive at present in any case. Plus, it should continue to move upward as Ethereum changes its mining protocol. Once Ethereum fully transfers over to a PoS protocol, its price will rise. Decentralized blockchains lack a central gatekeeper to verify transactions. Blockchain technology relies instead on consensus mechanisms known as proof-of-work (PoW) or proof-of-stake. Ethereum is currently a PoW dominant protocol. That means miners compete to solve complex math problems that use significant amounts of computational power and require lots of electricity. That’s one of the major complaints about cryptocurrency. In fact, Ethereum uses 113 terawatt-hours of electricity per year. That’s equivalent to the electricity usage of theentirety of the Netherlands. Fortunately, Ethereum is slated to transition to PoS sometime in the first half of this year. That should decrease its energy consumption by 99%. That will be a wonderful achievement, but that alone won’t raise the prices of ETH. Fortunately, PoS will allow Ethereum to scale while potentially taking its transaction speed to 100,000 per second. That would be a massive increase in network throughput. Ethereum’s current transaction speeds can be foundhere. The two times I viewed them, the transaction speeds were 10 and 50 transactions per second, respectively. Ethereum has already staged quite a comeback over the past two weeks. But institutional investor sentiment is in its favor and the transition in its mining protocol could take it far higher. On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks.Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing. • Stock Prodigy Who Found NIO at $2… Says Buy THIS • It doesn’t matter if you have $500 in savings or $5 million. Do this now. • 10 Stocks Are Issuing Sell Signals • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The postConsider Ethereum as Signs Point to a Continuing Upswingappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['There was an increase in volatility in crypto markets where most cryptocurrencies underwent double-digit percentage declines recently. However, like many other volatile situations in the past, this too shall pass. DeFi All Odds. aqx AQX Singapore, May 17, 2022 (GLOBE NEWSWIRE) -- Now interested parties will have an opportunity to access the AQX cryptocurrency exchange platform on 18th May 2022. The AQX team recently announced its Open Beta Launch date and urged investors to watch out for more developments on this project. The team behind AQX first announced its intention to enter the crypto market earlier in April this year, and the project has since managed to attract the attention of various reputable partners, like Presto Labs and other famous investors in the crypto space. Introducing AQX Exchange Beta The team behind this project states that the abbreviation AQX represents "Access, Quality, and Xtraordinary." AQX is a crypto exchange platform where both institutions and retail traders can buy, trade, sell, and learn more about crypto. The platform aims to adhere to its tagline “DeFi All Odds”, and revolutionise the crypto exchange market by providing world-class security, unsurpassed engineering excellence, and industry-leading trading features. As a result, the platform will equip investors with comprehensive crypto services for managing their digital asset portfolios. Unique Features of AQX AQX seeks to provide solutions to some of the inefficiencies that we believe are currently holding the DeFi industry back. One of the unique features of this platform is the guaranteed high liquidity and tight spreads for traders. This is made possible from AQX’s partnership with Presto Labs, a reputable liquidity provider. Presto Labs is a quant trading firm that seeks to develop automated trading solutions through data-driven analysis to attain sustainable long-term investment returns. Presto Labs develops algorithmic decision techniques to achieve what no man could ever do in today\'s rapidly changing and incredibly intricate financial sector. The start-up has an average daily trading volume exceeding $3 billion, with $1.100 billion in trading activity last year. With the backing of Presto Labs, AQX has a solution to solve the liquidity issues often experienced by new cryptocurrency exchange platforms. Story continues AQX also seeks to partner with layer 1 (BTC, ETH) and layer 2 (Lightning Network) networks to provide its users early access to top-tier quality projects. The partnership with these networks will enhance base protocols of AQX to make the platform more scalable and have faster transaction processing speeds. In addition, the partnership forged will give AQX users exclusive rights to invest in potential projects at its early stages and maximise profitability. The AQX Exchange Beta Version allows users to create an AQX profile and buy, sell and trade, using its multi-asset collateralized wallet. More so, users who join the platform now will enjoy exclusive privileges . In addition, users can access bounty programs available on AQX social media platforms in celebration of the Open Beta Launch. For instance, users will enjoy giveaways of up to 6000 worth of USDT airdrops on various AQX social media pages. So, follow AQX\'s social media pages to stay updated. How to Join AQX Beta To trade futures on AQX Exchange Beta, users first have to log in to the platform. The registration process involves creating a valid username and password and is completed by verifying your email address. Before trading futures, users need to create margin for their trades. Margin refers to the security that a financial instrument holder must deposit to establish a leveraged position. AQX has listed various financial instruments such as USD: USDC>BUSD (stablecoin), USDT, BTC, UST, XRP, ETH, TRX, LUNA, ANC, and LINK. All these financial instruments are eligible for margin trading and have a maximum leverage of up to 100x (conditional on each instrument.) How to Make Deposits on AQX Beta To make deposits on AQX Beta, simply connect your wallet, find the deposit address and scan the QR code for your preferred coin. Note that users have to complete KYC level 2 to make successful deposits on AQX. This involves receiving a specified number of confirmations on the blockchain network as specified on the New Wallet Page. It is only then that users get their deposits credited to their accounts. More so, withdrawals are barred for 24 hours after performing the first deposit to avoid financial crimes like money laundering and phone fraud and preserve consumer assets. For more information, visit the \'Deposit\' page. Once you have made a deposit and set up your margin, you are ready to start trading futures on AQX Exchange Beta. The main trading page allows you to view information on the products you want to trade in and your orders and assets, including your wallet balance, margin balance, unrealized P/L, etc. You can also customise the page to dark/day mode from the Settings tab and view the details of open and closed trades. For more information on making deposits on AQX Beta, you can view AQX New wallet Page . The Future of AQX After the Open Beta Launch event on 18th May 2022, AQX will be available to the public to sign up and trade. According to the project\'s roadmap, the launch of the AQXT landing page, spot market, Launchpad, and referral program will occur in Q3. Interested users, investors, and partners should note that there will be an AQX Booth (323-324) at Coindesk Consensus held on 9-12 June 2022 in Austin, Texas. So, if you are interested in this innovative project and want to celebrate other developments in the crypto space, you should definitely plan to attend the Coindesk Consensus . About AQX AQX is a new cryptocurrency exchange platform that seeks to address various issues that limit the DeFi industry from going mainstream. Some of these issues include: Inadequate risk protection for users The inability of users to fully optimise their DeFi assets Lack of liquidity in many new exchange platforms Backed by Presto Labs , AQX has established a unique liquidation system to cushion its users from market threats and risks. The platform also provides its users with a multi-collateralized wallet that allows users to enhance their capital efficiency. Thanks to the experience and expertise of its world-class founding team, AQX has become a fully functional platform and has attracted the attention of many investors. You can learn more about AQX on its official website and social media pages, as listed below. Twitter | Telegram (announcement) | Telegram (community) | Discord | LinkedIn | Instagram | Facebook Attachment aqx CONTACT: Alson Liu media (at) aqx.com', 'There was an increase in volatility in crypto markets where most cryptocurrencies underwent double-digit percentage declines recently. However, like many other volatile situations in the past, this too shall pass. DeFi All Odds.\naqx\nSingapore, May 17, 2022 (GLOBE NEWSWIRE) -- Now interested parties will have an opportunity to access theAQX cryptocurrency exchangeplatform on 18th May 2022. The AQX team recently announced its Open Beta Launch date and urged investors to watch out for more developments on this project.\nThe team behind AQX first announced its intention to enter the crypto market earlier in April this year, and the project has since managed to attract the attention of various reputable partners, likePresto Labsand other famous investors in the crypto space.\nIntroducing AQX Exchange Beta\nThe team behind this project states that the abbreviation AQX represents "Access, Quality, and Xtraordinary." AQX is a crypto exchange platform where both institutions and retail traders can buy, trade, sell, and learn more about crypto.\nThe platform aims to adhere to its tagline “DeFi All Odds”, and revolutionise the crypto exchange market by providing world-class security, unsurpassed engineering excellence, and industry-leading trading features. As a result, the platform will equip investors with comprehensive crypto services for managing their digital asset portfolios.\nUnique Features of AQX\nAQX seeks to provide solutions to some of the inefficiencies that we believe are currently holding the DeFi industry back. One of the unique features of this platform is the guaranteed high liquidity and tight spreads for traders. This is made possible from AQX’s partnership with Presto Labs, a reputable liquidity provider. Presto Labs is a quant trading firm that seeks to develop automated trading solutions through data-driven analysis to attain sustainable long-term investment returns.\nPresto Labs develops algorithmic decision techniques to achieve what no man could ever do in today\'s rapidly changing and incredibly intricate financial sector. The start-up has an average daily trading volume exceeding $3 billion, with $1.100 billion in trading activity last year. With the backing of Presto Labs, AQX has a solution to solve the liquidity issues often experienced by new cryptocurrency exchange platforms.\nAQX also seeks to partner with layer 1 (BTC, ETH) and layer 2 (Lightning Network) networks to provide its users early access to top-tier quality projects. The partnership with these networks will enhance base protocols of AQX to make the platform more scalable and have faster transaction processing speeds. In addition, the partnership forged will give AQX users exclusive rights to invest in potential projects at its early stages and maximise profitability.\nThe AQX Exchange Beta Version allows users to create an AQX profile and buy, sell and trade, using its multi-asset collateralized wallet. More so, users who join the platform now willenjoy exclusive privileges.\nIn addition, users can access bounty programs available on AQX social media platforms in celebration of the Open Beta Launch. For instance, users will enjoy giveaways of up to 6000 worth of USDT airdrops on various **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: 2022-05-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $559,739,900,606 - Hash Rate: 208169090.4650589 - Transaction Count: 262907.0 - Unique Addresses: 646333.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The U.S. Dollar is trading lower against a basket of major currencies late Friday as a rally in equities contributed to a risk-on tone, encouraging those who bought the greenback earlier in the week for safe-haven protection, to lighten up on the long side. Generating the biggest impact on the U.S. Dollar was a technical bounce by theEuro. The common currency edged off five-year lows to rise back above $1.04 on Friday. Nonetheless, it is headed for a big weekly loss after Russia’s decision to restrict gas supplies to Europe renewed fears about an economic slowdown in the Euro Zone. In economic news, the dollar showed little reaction on Friday to data showingU.S. import priceswere unexpectedly flat in April as a decline in petroleum costs offset gains in food and other products, a further sign that inflation has probably peaked. Other data from theUniversity of Michigan showed its preliminary reading of consumer sentimentfor early May deteriorated to its lowest level since August 2011 as concerns about inflation persisted. The main trend is up according to the daily swing chart. A trade through the intraday high at 105.065 will signal a resumption of the uptrend. A move through 102.375 will change the main trend to down. The minor trend is also up. A trade through 103.405 will change the minor trend to down. This will shift momentum to the downside. The first minor range is 103.405 to 105.065. Its 50% level or pivot at 104.235 is the first support. The second minor range is 102.375 to 105.065. Its 50% level at 103.720 is another support level. The direction of the June U.S. Dollar Index into the close on Friday will be determined by trader reaction to 104.780. A sustained move over 104.780 will indicate the presence of buyers. If this creates enough late session momentum then look for the rally to possibly lead to a retest of the intraday high at 105.065. A sustained move under 104.780 will signal the presence of sellers. If this generates enough downside momentum into the close then look for the selling to possibly extend into the pivot at 104.235. Taking out this level will indicate the selling pressure is getting stronger with 103.720 the next target. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Sri Lanka eases curfew as new PM begins forming cabinet • UAE’s newly elected ruler sees Iran, Islamists as threat to Gulf safe haven • Palestinians welcome foreign support in inquiry into reporter’s death • North Korea’s Kim says COVID ‘great turmoil’, 21 new deaths reported • Bitcoin (BTC) at Sub-$30,000 Remains a Warning for Crypto Dip Buyers • Over 700,000 refugees from Ukraine registered in Germany -Welt... - 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:** ['Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nGood morning. Here’s what’s happening:\nPrices:Bitcoin and other cryptos plummet along with stocks.\nInsights:Although interest in the NFT market has dropped in recent months, crypto lending platform Pine sees an opportunity.\nTechnician\'s take:BTC is testing an important support zone, although long-term momentum remains weak.\nCatch the latest episodes ofCoinDesk TVfor insightful interviews with crypto industry leaders and analysis. Andsign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.\nBitcoin (BTC):$28,967 -5.3%\nEther (ETH):$1,941 -7.4%\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Polkadot", "Ticker": "DOT", "Returns": "\\u221213.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u221213.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Internet Computer", "Ticker": "ICP", "Returns": "\\u221212.9%", "DACS Sector": "Computing"}]\nCryptos plummet along with stocks\nIt was a red Wednesday for nearly everyone in crypto.\nRed for bitcoin. Red for ether. And even deeper red for major altcoins as investors continued to defy those who say that digital assets do not track stocks.\nBitcoin was recently trading at about $28,900, within its range the past few days following the collapse of the terraUSD (UST) stablecoin and the LUNA token that supports it, but down 5% over the past 24 hours. Ether, the second-largest cryptocurrency by market capitalization, was off more than 8% over the same period after dropping below $2,000. Among the rest of the declining and the decrepit, SOL, AVAX, DOT, MATIC, SAND and MANA were all recently down at least 12%.\n“The market is continuing its current bearish trajectory," Autonomy CEO James Key wrote to CoinDesk, although he noted that crypto wallet addresses with small amounts of BTC had climbed past 10 million for the first time. Still, he noted that "institutions ... view crypto as an exotic risky asset, and as we drop into a recession, those assets are the first to be sold by those players – it was always the down side of inviting them into the crypto space.”\nEquity markets had a more than forgettable day as all sectors dropped amid escalating investor fears of recession and bad news from the retail sector. The tech-focused Nasdaq plummeted 4.7%, while the S&P 500 fell 4%, their worst percentage decreases in two years. The Dow Jones Industrial Average plunged more than 1,100 points, a 3.6% drop that was its worst closing mark since mid-2021.\nThe retail sector has played a big role in the most recent U.S. economic recovery, and even last week the sector seemed buoyant following a strong consumer spending report. But on Tuesday, retail giant Walmart (WMT) said that its profit dropped 25% year-on-year. Target (TGT) followed Wednesday morning with its own disappointing news: sales growing just 3.3% compared with a 22% rise for the same quarter a year ago.\nBitcoin, which has struggled to hold $30,000 following the UST debacle, and the rest of the digital assets industry was swept up in the latest events. On Wednesday, London-based miner Argo Blockchain (ARBK)reportedfirst-quarter net income of $2.1 million, a 90% falloff from the same period the previous year.\nMeanwhile, in a letter posted on the company website, Mike Novogratz, the CEO of crypto merchant bank Galaxy Digital (GLXY.TO),said the companyhad taken profits prior to UST\'s crash. Pantera Capital also sold about 80% of its holdings, according to a New York Times article, citing investor Paul Veradittakit.\nWhile remaining highly bullish on the outlook for crypto, Novogratz said those hoping for a "V" bottom in the market are likely to be disappointed. "It will take restructuring, a redemption cycle, consolidation, and renewed confidence in crypto. Crypto moves in cycles, and we just witnessed a big one."\nS&P 500: $3,923 -4%\nDJIA: 31,490 -3.5%\nNasdaq: 11,419 -4.7%\nGold: $1,816 +0.1%\nCrypto lending platform Pine sees an opportunity in NFT markets\nArt that adorns the walls of the global elite isn’t usually just to look at. They use it as a source of liquidity, too.\nThe team behind the Pine Protocol proposes to do something similar, but for non-fungible tokens(NFT). Fresh off closing a $1.5 million funding round led by Sino Global, Amber and Spartan Group, Pine is building a platform that allows NFT holders to access liquidity using their NFT as collateral, and a mortgage-type vehicle it is calling “Pine Now, Pay Later” for those who are looking to purchase an NFT but require financing\n“A year ago, I wanted to buy a Meebit but I did not have spare ETH in my wallet. Therefore, I sold my Bored Ape Yacht Club (BAYC) at 7 ETH to execute the trade. I wanted to buy back another BAYC but I never did and I still have my Meebit right now. In hindsight I wish I had access to a platform like Pine,” said Alex Ho, Pine’s co-founder, in a release, illustrating a use case for the platform. “I decided to build out Pine so that NFT owners like myself are able to unlock liquidity without having to sell their NFTs.”\nThe platform has lending pools available with different terms regarding the loan’s interest, the level at which it gets liquidated if the value drops, and the level of collateralization, Ho told CoinDesk in an interview.\nOne particular factor that differs between the pools is the accepted loan-to-value ratio. Pine uses the floor price (the lowest price offered) of the specific NFT collection from public data published by markets as a reference for valuation. But these are subject to the intense volatility of the crypto market. During the last two weeks, for instance,ether is down nearly 27%against the U.S. dollar, cratering valuations along the way – problematic for those lending out dollars against the asset.\nHow much liquidity is actually available in this market? Twenty-thousand-dollar JPEGs are very much a product of a bull market cycle but will the same value sentiment be prescribed to them in a bear market?\nCrypto research house Nansen’s data suggests the number of wallets buying and selling is dipping, and the number of returning buyers and first-time buyers is also on the decline.\n“The number of projects with weekly sales of over 10, 100, 1K and 10K NFTs have been on a downtrend the past week as well, signaling that there’s a drop in overall liquidity in the NFT markets,” said Martin Lee, a data journalist at Nansen, in a note to CoinDesk.\nTransactions per week are 50% off an all-time high this year from around 500,000 at its peak to around 215,000.\nBut Lee also pointed to data that shows the number of users per week on NFT markets is the lowest it has been this year, but still higher than any time in 2021.\nNansen’s data shows there’s still weekly higher volume than in most weeks of 2021, and in the last 30 days there has been a 58% increase in volume from 941,000 ether spent per month to 1.49 million.\nFor Pine, expensive JPEGs – with all their questions about market volatility and liquidity – are just the start. The founders envision their asset-backed financing protocol will eventually move beyond this market to other verticals at the hands of specialized teams.\nIn theory, NFTs can be used to represent any sort of document of value like a house’s title, or a security agreement to finance investment in a company like aSAFT. After all, similar vehicles exist in the traditional finance world, and there’s no reason the same can’t happen for crypto – if the industry can move on from JPEGs of bored apes.\nBitcoin Struggles to Hold Support at $27K-$30K\nBitcoin (BTC) has traded in a tight range of between $27,000 and $30,000 over the past few days. That\'s a keysupportzone for BTC, and it is also the lower bound of a yearlong trading range.\nBTC was down by as much as 3% over the past 24 hours.\nA decisive break below $27,000 could yield further downside targets for BTC, initially toward $17,823. Further, BTC\'s downward sloping 50-day moving average indicates persistent trend weakness, which could keep sellers active.\nBitcoin faces strongresistanceat between $33,000 and $36,000, which could stall an upswing in price. On the weekly chart, momentum remains negative despiteoversoldreadings. That could increase the risk of a breakdown in price, similar to what occurred in March 2020 and November 2018.\nVeecon conference around Web 3 and culture\nPermissionless DeFi Conference\nG7 finance ministers meeting\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nStablecoins in Focus: USDC vs USDT, Major Cryptos Slide Following Latest Powell Remarks\nBitcoin, other major cryptos slid as markets digested hawkish remarks by U.S. Federal Reserve Chairman Jerome Powell. Meanwhile, traders were showing a stronger preference for the USDC stablecoin over Tether. Travis Kling of Ikigai Asset Management joined "First Mover" to share his markets analysis, stablecoins and more. Plus, CoinDesk\'s Nikhilesh De explained the role of crypto in Tuesday\'s primary elections.\nBiden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds:Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.\nElwood Technologies Touts Strong Focus on Crypto Derivatives:Now backed by tier one banks Goldman (GS), Barclays (BCS) and Commerzbank, Elwood CEO James Stickland predicts “a huge amount of derivatives action.”\nSwiss ETP Issuer 21Shares Dives Into US Market With 2 Crypto Index Funds:The new funds are its first crypto products for U.S. customers and will only be available to accredited investors.\nBlock Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow:CFO Amrita Ahuja said the crypto could become **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: 2022-05-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $578,561,264,366 - Hash Rate: 189527082.3637104 - Transaction Count: 262479.0 - Unique Addresses: 662000.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The perennial debate of whether bitcoin ( BTC ) is a gold-like haven asset or a risky investment may heat up as the cryptocurrency's sensitivity to stock markets increases – amid concerns the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession. The 90-day correlation between bitcoin, the top cryptocurrency by market value, and Wall Street's benchmark equity index, the S&P 500, rose to 0.49 on Friday, the highest since October 2020, according to data tracked by Arcane Research. "Bitcoin's correlation to the S&P 500 has only been higher for five days in BTC's history, showing that the current correlation regime is unprecedented in BTC's history," according to Arcane Research's weekly newsletter published on Tuesday. The correlation has strengthened alongside a relentless tightening of the U.S. Treasury yield curve, a sign the Fed may have a hard time avoiding much-feared stagflation with rapid-fire interest rate rises without destabilizing the economy. The yield curve, represented by the spread between the 10- and two-year yields, is now just 20 basis points (bp) short of inversion, or turning negative – an unusual setup that's often viewed as a recession indicator. So the long-held crypto market belief of bitcoin being a digital haven is yet to come to fruition. "I wish I could say that crypto is really responding to fundamentals [high inflation], but I think the chief fundamental here is the crypto is responding to the rise in equity prices," Marc Chandler, managing director and chief market strategist at Bannockburn Global Forex, told CoinDesk TV when asked about bitcoin's recent rise. Are stocks an inflation hedge? The rising correlation comes as some analysts in traditional financial markets are starting to argue that stocks might actually serve as a decent hedge against inflation – because companies could theoretically raise prices to protect their profit margins. Story continues It's a shift in focus that brings the stock market narrative closer to that of bitcoin, which has long been viewed by many investors as a potential hedge against fast-rising prices or a depreciating U.S. dollar. The cryptocurrency has risen 8% since the Federal Reserve raised its benchmark interest rate by 25 basis points, or 0.25 percentage point, last Wednesday, the first hike since 2018. Officials with the U.S. central bank also raised their inflation forecasts. Bitcoin's price move higher since then has some wondering whether investors are parking money in the cryptocurrency to hedge against inflation. However, the ascent seems to have been powered by the uptick in the stock markets. The S&P 500 has risen 6% since the Fed rate hike and the tech-heavy Nasdaq index has rallied by 8.7%, according to data provided by charting platform TradingView. "What I am interested in is the change in bitcoin and change in Nasdaq and what you find is the correlation is over 60%," Chandler said. "The stock market [has been] going bid." What could drive bitcoin's price higher? According to Noelle Acheson, head of market insights at Genesis Global Trading, macroeconomic and geopolitical uncertainties seem to be keeping bitcoin from drawing store of value bids. Genesis is owned by Digital Currency Group, of which CoinDesk is an independent subsidiary. "One of the main reasons is uncertainty," Acheson said in a LinkedIn post. "Bitcoin is a volatile asset, and in times of uncertainty, harnessing that volatility – which is usually a feature, not a bug – is difficult enough to dissuade even the most experienced volatility traders. This is especially acute in the current market, given that the uncertainty is driven largely by the war in Europe, and it is hard to predict outcomes when we do not know if the news emerging from the conflict zone is trustworthy." In the post, titled " Bitcoin's battle ," Acheson added: "The outlook for rates is also a source of significant market uncertainty, as last week's hike of 25 [basis points] will not make a dent in the inflation already hurting consumers' pockets, let alone that which is yet to come." Bitcoin was last trading near $42,180, representing a 0.8% drop on the day. Since late January the cryptocurrency has been restricted between $36,000 to $45,000. Per Acheson, bitcoin needs needs "either renewed speculation or new macro investment to be able to break out of the current range."... - Reddit Posts (Sample): [['u/MobTwo', 'Calling BCH Folks', 34, '2022-05-19 00:35', 'https://www.reddit.com/r/btc/comments/usopez/calling_bch_folks/', "Luna has a big community and obviously that crypto is pretty much done. Let's invite over their ecosystem developers and good folks from there into Bitcoin Cash. Invite them over nicely without prejudice. We have a community here who would want to use their products (on BCH or SmartBCH network). We have a community here who would welcome them. /r/terraluna\n\nWe need to bring more people into the BCH economy. Not just Luna but all the failed crypto ecosystems out there. I can't do it alone. Let's do it together and make our community bigger.", 'https://www.reddit.com/r/btc/comments/usopez/calling_bch_folks/', 'usopez', [['u/ShadowOrson', 23, '2022-05-19 00:59', 'https://www.reddit.com/r/btc/comments/usopez/calling_bch_folks/i94ui5j/', "I'm going to be the negative nelly.\n\n> Luna has a big community\n\nSure. Bots, moonbois, WSB morons, etc. Not exactly the types this community supports, usually.\n\n> Let's invite over their ecosystem developers\n\nWhy? So they can fuck up this project?\n\n> Let's invite over their... good folks from there into Bitcoin Cash.\n\nWhy? If they wanted to be part of this community they would already be a part of this community.\n\n> Invite them over nicely without prejudice.\n\nGood luck with that. I hope you don't expect there to be 0 prejudice if they do decide to come over.\n\n> all the failed crypto ecosystems out there. \n\nThey usually fail for good reasons. Nothing stopped them from being members of this community before or after. They'll likley prefer to move on to some other get-rich-quick scam, instead of true p2p electronic cash.\n\nI think I'll leave with just saying the above.", 'usopez'], ['u/MobTwo', 12, '2022-05-19 01:03', 'https://www.reddit.com/r/btc/comments/usopez/calling_bch_folks/i94uy7u/', 'How do you expect to grow to be world money if you only include people you like to be in your community?', 'usopez'], ['u/big--if-true', 12, '2022-05-19 01:07', 'https://www.reddit.com/r/btc/comments/usopez/calling_bch_folks/i94vguj/', 'Luna community want the 20% interest rates.', 'usopez'], ['u/ShadowOrson', 11, '2022-05-19 03:22', 'https://www.reddit.com/r/btc/comments/usopez/calling_bch_folks/i95cria/', 'Eric, we\'re going to disagree on things, this is one of them. \n\n> How do you expect to grow to be world money if you only include people you like to be in your community?\n\n(1) I believe your question is ridiculous.\n\n(2) I am not BCH, p2p electronic cash\n\n(3) I do not speak for BCH, p2p electronic cash\n\n(4) BCH, p2p electronic cash, grows to be "world money" by being the best at p2p electronic cash.\n\nI see no reason to support or welcome moonbois, WSB morons, or others like them. It is my opinion that they are not in the crypto space for the same reasons I am in it, and likely not the same reasons you are in it.\n\nI have no problem with anyone being in this community that actively supports BCH, p2p electronic cash.', 'usopez']]], ['u/Zectro', 'What are Craig\'s next steps? He\'s $144M in debt, and the walls are closing in for him, and the several years he spent telling Calvin he didn\'t need keys to "recover his coins" was just laughed out of court, where does he go from here?', 19, '2022-05-19 01:07', 'https://www.reddit.com/r/bsv/comments/uspcir/what_are_craigs_next_steps_hes_144m_in_debt_and/', 'We know from court docs that Craig\'s been leveraging imaginary Tulip Trust Bitcoins in exchange for "loans" from Calvin. He\'s admitted in court he doesn\'t have the keys to "recover his Bitcoin." That premise was just proven false when a UK judge dismissed his entire case as nonsensical. He lost so badly that the sockpuppet he inserted into the lawsuit with the express purpose of losing had to hastily grant Craig a, presumably favourable settlement, to fulfill their purpose of losing that before appeals were exhausted and a loss became untenable.\n\nSo what\'s the plan then for making Calvin whole? Cross his fingers and hope in the next couple of days the court grants Craig permission to appeal? What if that doesn\'t work out? Is everything resting now on Craig\'s idiotic "passing off" lawsuit, if so how can Calvin be so stupid? Is he a child? A bird that gets easily distracted by the next shiny thing Craig flashes his way? \n\nThis lawsuit against Coinbase and Kraken doesn\'t come across as qualitatively different than Craig\'s recent flop of a lawsuit. Like that lawsuit, it bears all the hallmarks of having been crafted by an overly enthusiastic, albeit dimwitted, law student with malignant narcissism and a substance abuse problem. It\'s just more of the same over-promises from a professional under-deliverer.', 'https://www.reddit.com/r/bsv/comments/uspcir/what_are_craigs_next_steps_hes_144m_in_debt_and/', 'uspcir', [['u/Rambalamda', 11, '2022-05-19 01:42', 'https://www.reddit.com/r/bsv/comments/uspcir/what_are_craigs_next_steps_hes_144m_in_debt_and/i9500b0/', "If we're lucky, prison", 'uspcir']]], ['u/yogibear99', 'New idea to restore LUNA’s value that has not been discussed', 26, '2022-05-19 01:34', 'https://www.reddit.com/r/terraluna/comments/uspw6r/new_idea_to_restore_lunas_value_that_has_not_been/', 'Let’s ask our friendly neighbourhood black hat to release a new ransomeware. Instead of asking BTC for ransom, we tell him to ask LUNA…. Of course, he should buy his own bag of LUNA first across multiple wallets a few weeks beforehand. Think WannaCry ransomeware attack in 2017.\n\nThen the wallet that receives that ransom payment should burn all the LUNA it receives. Probably better if the target of the ransomware are all those responsible for the depeg of UST and the crash of LUNA.\n\nThe money trail will be hard to follow since the beneficiary wallet will not be cashed out. Then our friendly black hat gets paid when his LUNA bag goes 100x or 1000x with the increased demand just like every other LUNAtic here. What do you guys think?\n\n/s', 'https://www.reddit.com/r/terraluna/comments/uspw6r/new_idea_to_restore_lunas_value_that_has_not_been/', 'uspw6r', [['u/F4g444', 13, '2022-05-19 01:40', 'https://www.reddit.com/r/terraluna/comments/uspw6r/new_idea_to_restore_lunas_value_that_has_not_been/i94zqcp/', 'Lmao this is peak /r/terraluna. I literally can’t tell if this is a joke or your brain is actually just an amalgamation of chewing gum.', 'uspw6r']]], ['u/Mindless_Egg_30', 'Theory - the fork is all part of a sneaky plan?', 53, '2022-05-19 02:20', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory_the_fork_is_all_part_of_a_sneaky_plan/', 'Ok so I reckon theres another layer going on with luna.... This is just a theory but I was thinking what is DK thinking right now... \n\nI came to the conclusion he would not plan to burn the coins and announce it publicly because the price would boom and everyone would buy costing him much more money. The new fork just seems such a stupid idea like it was planted to decieve and dump the price while making it seem like hes trying to do something productive. So my theory is this: \n\n1. DK made the bogus proposal that everyone hates to tank LUNA price and encourage current owners to buy UST (the 20% payout to incentivise new buyers to buy UST and not LUNA thinking its better value)\n\n2. He instructed the exchanges to buy as much as possible and cheap as possible as it tanks to accumulate a huge bag (I saw some posts floating around about exchanges who dont list WLUNA buying huge bags of it ... maybe someone can add to this thread?) \n\n4. He arranges some of the validators to all vote yes on the fork proposal as he announced it and the rest to vote no just before the proposal ends so the vote fails (it could still happen... the largest validators have not voted yet) \n\n5. In the background hes arranged the developers to make changes to the peg to remove the BTC algorithm (the devs are making changes without announcments as discussed in other threads at the moment...) \n\n5. After fork proposal fails he then releases a new proposal to buy and burn pile. Everyone votes yes. \n\n6. Burns the pile that exchanges bought dirt cheap on his behalf (they keep a portion as part of the plan as an incentive)\n\n7. The price moons then he brags that people should have had faith in LUNA and how the sun shines out of his ass and how much he cares etc. Avoids jailtime because he recovers the UST peg and LUNA price \n \nSo big question is, is he an evil genius or really just as dumb as he acts 🤣 Just a theory.', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory_the_fork_is_all_part_of_a_sneaky_plan/', 'usqryc', [['u/Ok-Application-2346', 12, '2022-05-19 02:25', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory_the_fork_is_all_part_of_a_sneaky_plan/i955gcl/', "I've been saying this since his first anouncment about the fork on Twitter. The fork is so stupid it has to have a background. Only way to keep the price of luna cheap enough to burn it back to normal", 'usqryc'], ['u/challenge999', 10, '2022-05-19 02:27', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory_the_fork_is_all_part_of_a_sneaky_plan/i955pd0/', 'Dude.. reading this just made me hard', 'usqryc'], ['u/Ammarkoo', 17, '2022-05-19 02:44', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory_the_fork_is_all_part_of_a_sneaky_plan/i957shn/', "Conspiracy theory ! I love it ..but this way a new type of whales will.control Luna ...The losers, gamblers, scavengers, kids living in their moms' basements ...etc these new type of whales would control the show !", 'usqryc'], ['u/F4g444', 14, '2022-05-19 03:01', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory_the_fork_is_all_part_of_a_sneaky_plan/i959zn5/', '8.Elon musk arrives at your doorstep and asks for your hand in marriage', 'usqryc'], ['u/PassMeSomeChips', 15, '2022-05-19 03:56', 'https://www.reddit.com/r/terraluna/comments/usqryc/theory... Based 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:** ['Key Insights: On Thursday, bitcoin (BTC) rallied by 5.63% to return to $30,000. The upside came despite the US equity markets seeing red. SEC Chair Gary Gensler also failed to reverse early gains despite the warning of more coin collapses. Bitcoin (BTC) technical indicators flash red, with bitcoin sitting at the 50-day EMA. Bitcoin ( BTC ) rallied by 5.63% on Thursday, the breakout coming despite SEC Chair Gary Gensler\x92s warnings of more crypto pain. Reversing a 5.75% loss from Wednesday, bitcoin ended the day at $30,282. A bullish session saw bitcoin strike a mid-afternoon high of $30,505 before easing back. Bitcoin broke through the First Major Resistance Level at $30,024 to test resistance at the 50-day EMA before ending the day at sub-$30,300. Bearish sentiment from the US equity markets failed to hit the crypto market, with investors now looking beyond Terra LUNA and TerraUSD ( UST ). SEC Chair Gary Gensler also failed to spook investors despite the warnings of more crypto failures. On Thursday, Gensler talked of other cryptos mirroring Terra\x92s demise to harm investors. The SEC Chair didn\x92t predict a few failures but many. The Bitcoin Fear & Greed Index Remains Deep in the Extreme Fear Zone This morning, the Fear & Greed Index held steady at 13/100. While up from Tuesday\x92s 8/100, the Index remained in the \x93Extreme Fear\x94 zone, reflecting the bearish sentiment across the crypto market. Fear & Greed 200522 Investors took little notice of the Index on Thursday. The bitcoin rally came despite the index sitting deep in the \x93Extreme Fear\x94 zone, with the return to $30,000 having a muted impact on the Index this morning. Bitcoin and the broader market also ignored movements across the US equity markets. The NASDAQ reversed gains from the session to end the day down 0.26%. BTC-NASDAQ correlation 200522 Daily Chart. Bitcoin (BTC) Price Action At the time of writing, BTC was down 0.48% to $30,138. BTCUSD 200522 Daily Chart Technical Indicators BTC will need to avoid the $29,812 pivot to target the First Major Resistance Level at $30,970. Story continues BTC would need the broader crypto market to support a breakout from $30,500 levels. An extended rally would test the Second Major Resistance Level at $31,666 and resistance at $32,000. The Third Major Resistance Level sits at $33,517. A fall through the pivot would test the First Major Support Level at $29,122. Barring another extended sell-off, BTC should steer clear of sub-$28,000 levels. The Second Major Support Level sits at $27,964. BTCUSD 200522 Hourly Chart Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. BTC sits below the 50-day EMA, currently at $30,365. This morning, the 50-day flattened on the 100-day EMA. The 100-day EMA fell back from the 200-day EMA; BTC negative. A move through the 50-day EMA would support a run at $32,500. BTCUSD 200522 4 Hourly Chart. This article was originally posted on FX Empire More From FXEMPIRE: M&C strikes deal with Fifteen in rebuff to biggest investor JPMorgan targets more of Germany\x92s Mittelstand economic engine China\x92s April Saudi oil imports soar 38% on yr, Russian oil up 4% Musk denies he sexually harassed flight attendant on private jet Zurich Insurance to exit Russian market, sell business to local team Ukraine says it gets $530 million in U.S., UK grants from World Bank fund', '• On Thursday, bitcoin (BTC) rallied by 5.63% to return to $30,000. The upside came despite the US equity markets seeing red.\n• SEC Chair Gary Gensler also failed to reverse early gains despite the warning of more coin collapses.\n• Bitcoin (BTC) technical indicators flash red, with bitcoin sitting at the 50-day EMA.\nBitcoin (BTC) rallied by 5.63% on Thursday, the breakout coming despite SEC Chair Gary Gensler’s warnings of more crypto pain. Reversing a 5.75% loss from Wednesday, bitcoin ended the day at $30,282.\nA bullish session saw bitcoin strike a mid-afternoon high of $30,505 before easing back. Bitcoin broke through the First Major Resistance Level at $30,024 to test resistance at the 50-day EMA before ending the day at sub-$30,300.\nBearish sentiment from the US equity markets failed to hit thecryptomarket, with investors now looking beyond TerraLUNAand TerraUSD (UST).\nSEC Chair Gary Gensler also failed to spook investors despite the warnings of more crypto failures.\nOn Thursday, Genslertalkedof other cryptos mirroring Terra’s demise to harm investors. The SEC Chair didn’t predict a few failures but many.\nThis morning, the Fear & Greed Index held steady at 13/100. While up from Tuesday’s 8/100, the Index remained in the “Extreme Fear” zone, reflecting the bearish sentiment across the crypto market.\nInvestors took little notice of the Index on Thursday. The bitcoin rally came despite the index sitting deep in the “Extreme Fear” zone, with the return to $30,000 having a muted impact on the Index this morning. Bitcoin and the broader market also ignored movements across the US equity markets.\nThe NASDAQ reversed gains from the session to end the day down 0.26%.\nAt the time of writing, BTC was down 0.48% to $30,138.\nBTC will need to avoid the $29,812pivotto target the First Major Resistance Level at $30,970.\nBTC would need the broader crypto market to support a breakout from $30,500 levels.\nAn extended rally would test the Second Major Resistance Level at $31,666 and resistance at $32,000. The Third Major Resistance Level sits at $33,517.\nA fall through the pivot would test the First Major Support Level at $29,122. Barring another extended sell-off, BTC should steer clear of sub-$28,000 levels. The Second Major Support Level sits at $27,964.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. BTC sits below the 50-day EMA, currently at $30,365. This morning, the 50-day flattened on the 100-day EMA. The 100-day EMA fell back from the 200-day EMA; BTC negative.\nA move through the 50-day EMA would support a run at $32,500.\nThisarticlewas originally posted on FX Empire\n• M&C strikes deal with Fifteen in rebuff to biggest investor\n• JPMorgan targets more of Germany’s Mittelstand economic engine\n• China’s April Saudi oil imports soar 38% on yr, Russian oil up 4%\n• Musk denies he sexually harassed flight attendant on private jet\n• Zurich Insurance to exit Russian market, sell business to local team\n• Ukraine says it gets $530 million in U.S., UK grants from World Bank fund', '• On Thursday, bitcoin (BTC) rallied by 5.63% to return to $30,000. The upside came despite the US equity markets seeing red.\n• SEC Chair Gary Gensler also failed to reverse early gains despite the warning of more coin collapses.\n• Bitcoin (BTC) technical indicators flash red, with bitcoin sitting at the 50-day EMA.\nBitcoin (BTC) rallied by 5.63% on Thursday, the breakout coming despite SEC Chair Gary Gensler’s warnings of more crypto pain. Reversing a 5.75% loss from Wednesday, bitcoin ended the day at $30,282.\nA bullish session saw bitcoin strike a mid-afternoon high of $30,505 before easing back. Bitcoin broke through the First Major Resistance Level at $30,024 to test resistance at the 50-day EMA before ending the day at sub-$30,300.\nBearish sentiment from the US equity markets failed to hit thecryptomarket, with investors now looking beyond TerraLUNAand TerraUSD (UST).\nSEC Chair Gary Gensler also failed to spook investors despite the warnings of more crypto failures.\nOn Thursday, Genslertalkedof other cryptos mirroring Terra’s demise to harm investors. The SEC Chair didn’t predict a few failures but many.\nThis morning, the Fear & Greed Index held steady at 13/100. While up from Tuesday’s 8/100, the Index remained in the “Extreme Fear” zone, reflecting the bearish sentiment across the crypto market.\nInvestors took little notice of the Index on Thursday. The bitcoin rally came despite the index sitting deep in the “Extreme Fear” zone, with the return to $30,000 having a muted impact on the Index this morning. Bitcoin and the broader market also ignored movements across the US equity markets.\nThe NASDAQ reversed gains from the session to end the day down 0.26%.\nAt the time of writing, BTC was down 0.48% to $30,138.\nBTC will need to avoid the $29,812pivotto target the First Major Resistance Level at $30,970.\nBTC would need the broader crypto market to support a breakout from $30,500 levels.\nAn extended rally would test the Second Major Resistance Level at $31,666 and resistance at $32,000. The Third Major Resistance Level sits at $33,517.\nA fall through the pivot would test the First Major Support Level at $29,122. Barring another extended sell-off, BTC should steer clear of sub-$28,000 levels. The Second Major Support Level sits at $27,964.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. BTC sits below the 50-day EMA, currently at $30,365. This morning, the 50-day flattened on the 100-day EMA. The 100-day EMA fell back from the 200-day EMA; BTC negative.\nA move through the 50-day EMA would support a run at $32,500.\nThisarticlewas originally posted on FX Empire\n• M&C strikes deal with Fifteen in rebuff to biggest investor\n• JPMorgan targets more of Germany’s Mittelstand economic engine\n• China’s April Saudi oil imports soar 38% on yr, Russian oil up 4%\n• Musk denies he sexually harassed flight attendant on private jet\n• Zurich Insurance to exit Russian market, sell business to local team\n• Ukraine says it gets $530 million in U.S., UK grants from World Bank fund', 'By Herbert Lash NEW YORK (Reuters) - Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession. Shares rebounded earlier in Europe and Asia after China cut a key lending benchmark to bolster its weakening economy, helping initially to driv **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: 2022-05-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $578,259,919,162 - Hash Rate: 198848086.4143847 - Transaction Count: 267034.0 - Unique Addresses: 668605.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bad fundamentals, not just market conditions, have played a role in Vroom’s ( VRM ) big price decline. A cooling used car market will worsen its situation. Larger peers may be able to ride out a used car market slowdown, but for Vroom, it could be a “game over” moment. Vroom (VRM) app open on a smartphone against a black background. Source: Lori Butcher / Shutterstock.com In recent weeks, shares of online used car buying platform Vroom (NASDAQ: VRM ) have continued to plunge. VRM stock has dropped nearly 40% in the past month alone and 93% over the past six months. Compared to its all-time high of $73.87 per share set in 2020, it’s down more than 98%. I can see why you may want to go against the grain and enter a position today. Even a slight improvement in investor sentiment for shares could result in outsized returns. Yet, while a triple-digit rebound is possible in theory, whether it is probable is another question. It’s not only changing market conditions that have beaten down Vroom so far from its high water mark. Deterioration of its fundamentals has played a big role, as well. Now add in the prospect of further challenges ahead as the used car market cools. Taking a hard pass on it is your best course of action. InvestorPlace - Stock Market News, Stock Advice & Trading Tips VRM Vroom, Inc. $1.34 VRM Stock has Been a Lemon of an Investment Used car stocks, as well as growth stocks, have performed poorly since late last year. With this, it’s not surprising why Vroom shares have taken such a dive. Concerns are on the rise that the “bubble” that emerged in used cars, due to supply chain headwinds like the chip shortage, has peaked. Growth stocks have dropped significantly since the Federal Reserve began its efforts to fight high inflation through interest rate increases. Higher rates means a lower present value for growth stocks, which are valued on future earnings. Still, this doesn’t fully explain why VRM stock, even among similar plays, has experienced a larger decline in price. So, what’s behind this? Its severe profitability problem . This was an issue when the used car bubble was in full swing and is an even greater concern today. Even as it saw its sales more than double during 2021 — a banner year for used car sales — net losses soared by a large, albeit lesser, amount. Story continues It could eventually grow to a level where it can cover fixed costs and get out of the red. What’s the problem there? With an industry slowdown on the horizon, achieving such growth is questionable. Bad News for Vroom if Used Car Market Cools Down It may still seem like a seller’s market when it comes to used cars, as supplies remain limited. However, things may be changing. As used cars become unaffordable, buyer hesitancy is on the rise . This explains why the number of retail used vehicle sales, not just prices, fell during April . If this is the start of a cool down in used car demand, the impact on Vroom could be substantial. Waning demand will make it difficult for the company to continue its current pace of revenue growth. With that, there are dimming chances that it is able to narrow losses. For reference, it has reported net losses of $370.9 million over the past twelve months. Worse yet, as InvestorPlace’s Ian Bezek discussed in his Apr. 29 article on VRM stock, the company generated just $473 in gross profit per vehicle sold. If demand, and therefore, prices, continue to fall, these already-slim margins could thin out further. For now, Vroom appears well equipped to ride out these losses, given its $1.13 billion cash position. Even so, greater-than-expected cash burn could mean a large chunk of this cash flies out the door over the next twelve months. Bottom Line on VRM Stock With 34.93% of its outstanding float sold short, despite the many discouraging signs, you may still be finding this stock to be an appealing opportunity. This high short interest could amplify a potential rebound if Vroom’s situation were to improve. However, when talking about a comeback or recovery, “if” is the keyword here. There’s a lot more pointing to the situation getting worse than better. Operating with slim gross margins and high losses during boom times for used car sales, you can imagine how bad its operating performance will be in an industry downturn. This company currently earns an “F” in my Portfolio Grader . Pardon the pun, but any way you slice it, VRM stock is a lemon. The only difference now, unlike last year, is that instead of paying full sticker, you are getting it at its “as is” price. On the date of publication, neither Louis Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t matter if you have $500 in savings or $5 million. Do this now. Get in Now on Tiny $3 ‘Forever Battery’ Stock Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post Vroom Stock Is the Market Junkyard for a Reason, So Avoid It appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/vkats', 'If you’re thinking of buying $100 worth of LUNA…', 108, '2022-05-20 00:01', 'https://www.reddit.com/r/terraluna/comments/ute8m7/if_youre_thinking_of_buying_100_worth_of_luna/', 'I’m not an expert on cryptocurrency, actually I’m anything but that, but yesterday I almost bought $100 of Luna thinking “YOLO, it will bounce back to $1 and I’ll be rich”. I didn’t end up doing that, because I did a bit of research and here’s what I found:\n\nThe market cap of a coin is the value of the coin times the supply (number of coins in circulation). The current supply of LUNA is 6.5 TRILLION coins. Which sharply rose on May 14 from a supply of around 400 million where it stood for years and a value of $100. With such a sharp rise in supply, naturally the price dropped to near zero. I’m not sure what caused this to happen but I’m here to look at the future of the coin. \n\nIf the coin does grow to $1 and the supply stays the same, the market cap will grow to 6.5 trillion dollars. For reference, Bitcoin, the #1 coin in the world only has a market cap of 570 Billion which is about 40% of the overall crypto market.\n\nWhat if Do Kwon burns some coins? this is where I’m not so sure how it works, but it sound like he will first have to buy about $1 billion worth of coins and get rid of them, does he look like a martyr to you?\nIt doesn’t sound like that’s what he wants to do instead choosing to fork it, create a new coin.\n\nSo save your money, go get a burger, food is expensive.', 'https://www.reddit.com/r/terraluna/comments/ute8m7/if_youre_thinking_of_buying_100_worth_of_luna/', 'ute8m7', [['u/Trick-Daddy101', 11, '2022-05-20 00:26', 'https://www.reddit.com/r/terraluna/comments/ute8m7/if_youre_thinking_of_buying_100_worth_of_luna/i99abd3/', 'Sold 9 Millions yesterday for a nice profit. Bought 11 millions today at a discount 🤣🤣', 'ute8m7'], ['u/migl233', 10, '2022-05-20 02:49', 'https://www.reddit.com/r/terraluna/comments/ute8m7/if_youre_thinking_of_buying_100_worth_of_luna/i99rc9p/', 'Not everyone thinks they will become the next Elon musk with a coin which is what you bears don’t understand some people are good with just a few extra hundred bucks', 'ute8m7'], ['u/Conscious_Cellist_96', 58, '2022-05-20 03:44', 'https://www.reddit.com/r/terraluna/comments/ute8m7/if_youre_thinking_of_buying_100_worth_of_luna/i99y2gm/', 'Crypto bro discovers market cap🤣🤣🤣', 'ute8m7'], ['u/ToTheMoonPickens', 13, '2022-05-20 06:05', 'https://www.reddit.com/r/terraluna/comments/ute8m7/if_youre_thinking_of_buying_100_worth_of_luna/i9ae87a/', 'I bought $20 as a souvenir, it promptly lost 99%.', 'ute8m7']]], ['u/Br0kenRabbitTV', 'Who Killed Bitcoin Documentary Download', 36, '2022-05-20 00:50', 'https://www.reddit.com/r/btc/comments/utf9b3/who_killed_bitcoin_documentary_download/', 'After watching the recent Who Killed Bitcoin Documentary a few days ago I thought it was really good and wanted to preserve an offline copy for myself. Here is a link to download it in x264 720p 217MB.\n\nmega \\[DOT\\] nz/file/kkUEFIIY#b8Hhqz6YOGE0Q-0td7w0eG1\\_PDLiJ0oVWR2dLYdfJic\n\n~~If the creator of this video has an issue with this, contact me and I will remove this post/upload.~~\n\n**EDIT:** it seems some people are having issues with the mega link?\n\nYou realise you need to replace the \\[DOT\\] with a . right??\n\nHere is the original YouTube link as well: [https://youtu.be/eafzIW52Rgc](https://youtu.be/eafzIW52Rgc)\n\nAnd here is a MediaFire link:\n\nmediafire \\[DOT\\] com/file/wkfykv8ekxj930t/Who.Killed.Bitcoin.720p.H264.AAC-ASCiiDiTY.mp4/file', 'https://www.reddit.com/r/btc/comments/utf9b3/who_killed_bitcoin_documentary_download/', 'utf9b3', [['u/laeternavigilancia', 13, '2022-05-20 03:59', 'https://www.reddit.com/r/btc/comments/utf9b3/who_killed_bitcoin_documentary_download/i99zwks/', 'All good. Thanks!', 'utf9b3'], ['u/Br0kenRabbitTV', 13, '2022-05-20 04:02', 'https://www.reddit.com/r/btc/comments/utf9b3/who_killed_bitcoin_documentary_download/i9a0bqk/', "In this case I'd encourage others to upload to torrent sites and similar to spread it more, this is probably the best documentary I've seen that explains all of this in a nice and clear way.\n\nI showed it to some of my friends in Discord who had no idea about any of this and they all liked it and fully understood the points made. It's normally a complicated topic to understand.", 'utf9b3']]], ['u/Gonbatfire', 'MyMonero is a HONEYPOT and you should STOP using it', 183, '2022-05-20 02:22', 'https://www.reddit.com/r/Monero/comments/uth0un/mymonero_is_a_honeypot_and_you_should_stop_using/', 'When you input your seed phrase in MyMonero, you send your view key to their servers. That\'s why they are the "fastest", **stop using it.**\n\n​\n\nNot your keys, not your coins, if someone else holds the keys, they hold the coins. Not you.\n\nThis includes **not only** your *private key* but your **view key** as well.\n\nWhy is your view key important? Because whoever has it can see:\n\n\\-Your incoming transactions\n\n\\-Your outgoing transactions (\\*)\n\n\\-Your wallet\'s current and historical balance (\\*)\n\n(\\*)[More details here](https://www.reddit.com/r/Monero/comments/uth0un/comment/i9ac9yp/?utm_source=share&utm_medium=web2x&context=3)\n\nAnd here is the thing: **You can\'t be self-custodial of your funds without privacy.**\n\nSay you got your Trezor wallet, which safely secures your private key, BUT, at some point, you handed out your view key to an centralized entity, for "auditability purposes".\n\nThen, someone at that entity "happened to come across" the database full of view keys, decided to look at them, and found one in which they are interested, perhaps because of its amount of funds, or because it did some transaction they didn\'t like, that\'s the view key that belongs to your wallet.\n\nNow they can easily break your privacy, how so?\n\nBy linking that view key to an IRL person (you), this is very easy if you did KYC at some point then transferred to that wallet, but it\'s not the only way, they could analyze internet traffic and triangulate the location from where it came from (ask the FBI how they usually do that), or, if the database is big enough, they can check if you ever did a transaction with another compromised wallet, and steadily follow its trail back to you (this one is plane ol\' blockchain analysis, and you have whole companies dedicated to [that](https://www.chainalysis.com).)\n\nEventually, they *will* link the key to you, just like they do all the time in Bitcoin, and at that point, *anyone can show up to your house*, then well... no amount of encryption is gonna protect your funds nor your front teeth from a [5 dollar wrench attack](https://xkcd.com/538/).\n\n*If you don\'t have privacy, you can be expropriated from your funds at any time.*\n\nSo if you wanna give out your view key so badly, you may as well keep your monero in a exchange, in both places you ~~can~~ **will** be robbed, but at least with the exchange you get to keep your teeth, heh.\n\n​\n\n*"But... but the MyMonero team said they don\'t log anything on their servers... they even made a pinky promise!"*\n\nThis has got to be stupidest thing I\'ve ever heard, the whole **point** of cryptocurrency is to not have to rely nor trust anyone!! And even if the MyMonero team were actual good guys, they are a centralized point which any entity or government agency can attack and force their hand to start logging and reporting, in fact, how do we know that this already hasn\'t happened? For all we know they could be storing and reporting *every single transaction* to the IRS, this is why I consider it a honeypot.\n\n​\n\n*"Nah it\'s fine, I only keep small amounts on MyMonero and only use it to buy coffee and normal stuff... if I wanted to do something that requires privacy I would just switch to my another wallet"*\n\nNo, no, no.... privacy MUST be ALWAYS ON, think about how it would look if you used MyMonero for all your normal transactions, but then you suddenly made a transaction using a private wallet, "huh? Why you needed privacy for THAT transaction? What are you hiding???" You immediately stand out from the rest, this is why optional privacy doesn\'t work, **privacy must be always on by default**, and I can\'t believe I\'m explaining that on the Monero subreddit but that\'s how things are right now...\n\n**MyMonero goes against privacy by default**, the whole point of Monero\'s existence, if not me may as well use Zcash or Bitcoin, **MyMonero is incompatible with Monero\'s vision.**\n\n​\n\n***STOP using MyMonero***\n\n***STOP recommending MyMonero***\n\n***REMOVE MyMonero from*** [***getmonero.org/downloads/***](https://www.getmonero.org/downloads/) (ffs imagine someone comes into XMR thinking its untraceable but then the first wallet they download is one that can share all of its transactions...)\n\n​\n\nDon\'t trade "user friendliness" for privacy and sovereignty, you have Bitcoin/Ethereum for that.\n\nDon\'t. Hand. Out. Your. Keys. Any of them.', 'https://www.reddit.com/r/Monero/comments/uth0un/mymonero_is_a_honeypot_and_you_should_stop_using/', 'uth0un', [['u/Gonbatfire', 17, '2022-05-20 02:30', 'https://www.reddit.com/r/Monero/comments/uth0un/mymonero_is_a_honeypot_and_you_should_stop_using/i99p3h3/', 'We like to brag so much about how Monero has a higher number of private transactions than any cryptocurrency out there including Bitcoin... But how many of those are transactions between wallets that handed out their view keys? (MyMonero, exchanges, etc)\n\nThose transactions are not really private, so suddenly that number becomes meaningless.', 'uth0un'], ['u/Gonbatfire', 14, '2022-05-20 02:38', 'https://www.reddit.com/r/Monero/comments/uth0un/mymonero_is_a_honeypot_and_you_should_stop_using/i99q2d9/', "LOL, no thank you!\n\nedit: For those that don't know, fluffypony (Ricardo Spagni) is the founder of MyMonero", 'uth0un'], ['u/Tachyon581... Based 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:** ['Bill Gates Ryan Lash / TED Bill Gates said he doesn\'t invest in cryptocurrency because he likes investing in things with "valuable output." Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk. Gates has also warned about the environmental impact of crypto. Microsoft co-founder and fourth-richest person in the world Bill Gates says he isn\'t a cryptocurrency investor because it isn\'t "adding to society." On Thursday, Gates did a Reddit Ask Me Anything in which a user asked his thoughts on Bitcoin and cryptocurrencies. "I don\'t own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on how they make great products. The value of crypto is just what some other person decides someone else will pay for it so not adding to society like other investments." The statement from Gates comes amid reports of a crypto crash. Bitcoin\'s price fell below $30,000 a share in May and experts say that it could fall even lower. Gates has expressed disapproval about cryptocurrency before. He once warned those getting into crypto investments to be wary about buying into the crypto boom, especially those who were not as rich as Tesla and Space X founder Elon Musk . "I do think people get bought into these manias, who may not have as much money to spare, so I\'m not bullish on Bitcoin, and my general thought would be that, if you have less money than Elon, you should probably watch out," Gates told Bloomberg in 2021. He\'s also railed against the environmental impact of crypto, which accounts for a large share of the world\'s energy consumption. In 2021, crypto mining accounted for .5% of the electricity used globally. Read the original article on Business Insider View comments', '• Bill Gates said he doesn\'t invest in cryptocurrency because he likes investing in things with "valuable output."\n• Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk.\n• Gates has also warned about the environmental impact of crypto.\nMicrosoft co-founder and fourth-richest person in the world Bill Gates says he isn\'t a cryptocurrency investor because it isn\'t "adding to society."\nOn Thursday, Gates did aReddit Ask Me Anythingin which a user asked his thoughts on Bitcoin and cryptocurrencies.\n"I don\'t own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on how they make great products. The value of crypto is just what some other person decides someone else will pay for it so not adding to society like other investments."\nThe statement from Gates comes amid reports of a crypto crash. Bitcoin\'sprice fell below $30,000 a sharein May andexperts say that it could fall even lower.\nGates has expressed disapproval about cryptocurrency before. He once warned thosegetting into crypto investmentsto be wary about buying into the crypto boom, especially those who were not as rich asTesla and Space X founder Elon Musk.\n"I do think people get bought into these manias, who may not have as much money to spare, so I\'m not bullish on Bitcoin, and my general thought would be that, if you have less money than Elon, you should probably watch out,"Gates told Bloombergin 2021.\nHe\'s also railedagainst the environmental impact of crypto,which accounts for a large share of the world\'s energy consumption. In 2021, crypto mining accounted for.5% of the electricity used globally.\nRead the original article onBusiness Insider', 'Real estate investment trusts (REITs) provide solid income and inflation protection in troubled times. American Tower ( AMT ): Cell phone towers are a reliable growth vehicle given global telecom demand trends. Crown Castle ( CCI ): Crown Castle is another leading player in the wireless communications infrastructure space. Cubesmart ( CUBE ): Self-storage is a surprisingly robust REIT category that holds up during economic setbacks. Life Storage ( LSI ): Life Storage is a strong growth operator within the self-storage niche. Mid-America Apartment Communities ( MAA ): Rents are going up, and MAA stock can help investors benefit. Equity Residential ( EQR ): Equity Residential is another leading apartment REIT with a focus on large gateway cities. American Homes 4 Rent ( AMH ): The booming housing market should bolster this REIT\x92s prospects as well. Real estate investment trust REIT on an office desk. Source: Vitalii Vodolazskyi / Shutterstock It\x92s clear that inflation and economic risk are becoming the major themes for the rest of 2022. Tech growth stories are yesterday\x92s news and economic reopening stories are largely played out. Now, it\x92s seemingly time to pay the price for all the stimulus and excessive consumption that occurred since 2020. Inflation tends to be a negative phenomenon for most of the economy. Certainly, the stock market is having a rough 2022 as investors prepare for lower earnings and a worse economic outlook. However, real estate investment trusts (REITs) can buck that trend. REITs are uniquely designed to withstand inflation. For one, REITs tend to use a lot of debt to acquire properties. As inflation hits, the value of those borrowed dollars declines, essentially inflating away much of a REITs\x92 obligations. On the asset side, however, the value of land and buildings appreciates nicely in nominal terms due to inflation. This has a favorable impact on a REIT\x92s overall balance sheet. Meanwhile, REITs are also able to raise prices on customers with inflation. This effect is particularly pronounced in certain categories such as storage and housing. Story continues 7 Blue-Chip Stocks to Buy at Fire Sale Prices That gives a sense of where there are particularly interesting opportunities for REIT investors in the current economic landscape. These seven REITs are well-positioned for the rest of 2022. InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMT American Tower $234.74 CCI Crown Castle $178.95 CUBE Cubesmart $40.84 LSI Life Storage $109.71 MAA Mid-America Apartments $174.17 EQR Equity Residential $73.87 AMH American Homes 4 Rent $36.60 American Tower (AMT) American Tower (NYSE: AMT ) is the largest U.S.-based REIT out there by market capitalization. Its size highlights its appeal for REIT investors; the company has an excellent balance sheet and unmatched set of communications-related holdings. It operates more than 221,000 communications towers and sites around the globe; 43,000 of these are in North America with the balance being overseas. Cell phone towers might seem like a mature market. However, American Tower has been able to keep growing aggressively by building new sites in less penetrated regions such as Latin America and India. The company achieves tremendous operating margins because it is usually able to rent properties out to two or even three different telecom providers. With global demand for data continuing to rise, American Tower should be able to keep executing on its business strategy. Meanwhile, AMT stock is down 18% year-to-date, offering a nice entry point. Crown Castle (CCI) Crown Castle (NYSE: CCI ) is one of American Tower\x92s major rivals. It has differentiated itself by betting more on small sites rather than the traditional cell phone towers. Regardless, it has been a fast-growing market with plenty of space for both types of operators. In particular, now, 5G demand is creating a lot of additional demand for Crown Castle\x92s core product offerings. 7 Growth Stocks to Avoid Until the Market Crashes Again CCI stock is now down 14% year-to-date, and is only up slightly since the beginning of 2020. Given the continuing rise in demand for mobile data and data-heavy innovations such as the \x93internet of things\x94 and autonomous driving, it seems safe to say that demand for mobile communications bandwidth will continue to surge throughout the decade. That should pave the way for another solid run-up in CCI stock. Cubesmart (CUBE) Self-storage has historically been an excellent niche within the REIT space. It tends to be counter-cyclical. Intuitively, you might think demand for storage would fall during a hard economy. But, it actually tends to drive additional demand. In 2009, for example, storage REITs did far better than peers. It seems as people were foreclosed upon or moved to smaller houses, it drove a great deal of incremental demand for storage. Some prominent hedge funds and analysts were betting against self-storage in 2009 and got smoked on their trade. Fast forward to today. Cubesmart (NYSE: CUBE ) should be well-positioned for the current economy. High inflation has allowed storage operators to push through price increases for customers. Meanwhile, the booming housing market has caused a lot of people to move between locations. As people move into new homes or apartments, it creates an opportunity for people to need some additional storage to take care of things for a time. CUBE stock has slumped from $57 to $41 in recent months despite favorable industry dynamics. This has pushed the stock down to a reasonable 18 times funds from operations (FFO), and the dividend yield has once again moved up to 4%. Life Storage (LSI) Given how strong storage tends to be regardless of economic conditions, it\x92s worth putting another storage name on the list. Life Storage (NYSE: LSI ) is more of a growth name on the storage space, as it has grown FFO more than 10% compounded annually over the past decade. Since 2010, Life Storage has gone from 377 storage locations that it owned or ran through a joint venture (JV) up to 1,076 locations as of 2021. 7 Best Stocks to Buy for Under $15 Right Now Given Life Storage\x92s ambitious growth capacity, shares have tended to trade at a slightly higher valuation multiple than its direct peers such as Cubesmart. With the recent selloff in LSI stock, however, shares are now under 19x FFO and offer a 3.5% **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $557,447,312,781 - Hash Rate: 209722591.1401713 - Transaction Count: 225225.0 - Unique Addresses: 579268.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) -Electric-vehicle maker Tesla Inc TSLA.O>, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday. Tesla is building the solar power infrastructure and providing its Megapack batteries, Back added. Blockstream and Block, which was previously known as Square, had said in June that they were collaborating to build an open-source and solar-powered bitcoin mining facility in the United States. Bitcoin is created when high-powered computers compete against other machines to solve complex mathematical puzzles, an energy-intensive process that currently often relies on fossil fuels. Environmental concerns related to bitcoin mining had in May last year prompted Tesla to stop accepting bitcoin for car purchases. Tesla and Block did not immediately respond to requests for comment. (Reporting by Akash Sriram in Bengaluru; Editing by Aditya Soni and Maju Samuel)... - Reddit Posts (Sample): [['u/unchima', '6 year old Andreas A. quote', 64, '2022-05-21 00:41', 'https://www.reddit.com/r/Bitcoin/comments/uu9o76/6_year_old_andreas_a_quote/', "The really crazy, radical experiment in money, isn't Bitcoin..\n\nIn the last six years there has been an absolutely radical experiment in money, and that is, that in the first time in history, central banks took interest rates to zero.\n\nAnd it wasn't just one of them, even though it was unprecedented, but 21 central banks have taken the interest rates to zero. Left it there for 6 years. And cannot raise it again, because if they raised it a tiny bit.. the entire economy would collapse.\n\nThis has never happened before.\n\nIt's the most radical monetary policy experiment since the introduction of central banking in the 1920's. We don't know how it will end But in most likelyhood it will not end well..\n\nIn monetary terms what we have done at this point, is like giving someone, giving the economy, an intravenous cocaine drip on full blast.\nFor 6 years.\n\nAnd at some point there is going to be a hangover. And it is going to be brutal, because now the patient is barely awake on a full drip of cocaine.\n\nAnd we are running out of cocaine..", 'https://www.reddit.com/r/Bitcoin/comments/uu9o76/6_year_old_andreas_a_quote/', 'uu9o76', [['u/biophysicsguy', 49, '2022-05-21 00:50', 'https://www.reddit.com/r/Bitcoin/comments/uu9o76/6_year_old_andreas_a_quote/i9dxefe/', "wow, that's quite a quote from a 6 year old", 'uu9o76'], ['u/bertleturtleson', 27, '2022-05-21 00:50', 'https://www.reddit.com/r/Bitcoin/comments/uu9o76/6_year_old_andreas_a_quote/i9dxfka/', 'One cocaine please', 'uu9o76']]], ['u/lucubanget', 'For those thinking that LUNA will come back to $100 or $50 or $1... Wake up buddy!', 2594, '2022-05-21 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/', "TL;DR — I'll show you that it's mathematically impossible (under some assumptions, of course) that LUNA's price will go back up to its' glorious days again.\n\n​\n\n# Let's do some meth—umm I meant math!\n\nThere are some important assumptions we need to make. This mini-analysis assumes that:\n\n* UST will be pegged back to around USD $1.00, and\n* LUNA (and Do Kwon) can **fully** gain investors' trusts, and\n* LUNA tokens won't be burned significantly to its' supply on March-April when it was trading for more than USD $100 per LUNA (very unlikely, which is why I put this as an assumption).\n\n​\n\n**Goal**: we want to calculate the minimum price of LUNA that is needed to get to its' market cap at ATH ($116/LUNA), considering the current supply of LUNA or May 20, 2022's circulating supply.\n\n​\n\n# Step 1: Recall that Market Cap (in cryptocurrencies) is calculated by the following:\n\n MC [$] = Circulating Supply [tokens] * Price per token [$/token]\n\n​\n\n# Step 2: We want to calculate LUNA's market cap when it was at ATH.\n\n2a) According to the data from [messari.io](https://messari.io)... On April 4, 2022: LUNA's circulating supply was 353 million tokens.\n\n[April 4, 2022: LUNA was trading at USD $116.43 with 353 million tokens circulating.](https://preview.redd.it/7sycpgd3qp091.png?width=1296&format=png&auto=webp&s=7f32ad9f9f6cabe43f7c8547a2725aec6d6587d6)\n\n2b) Using the equation from ***Step 1***, Market Cap (MC) on April 4, 2022 is then the following:\n\n MC @ April 4 [$] = 353,128,511 * 116.43\n\n2c) Plug it into your favorite calculator and you get:\n\n[Market Cap of LUNA at ATH \\($116.43\\/LUNA\\) on April 4, 2022 = $41,114,752,536](https://preview.redd.it/bxghece5qp091.png?width=1292&format=png&auto=webp&s=89fa01fc3253b68d42bd0dd638d021298e5b13bc)\n\n​\n\n# Step 3: Let's calculate how much LUNA's supply jumped by, from April 4 to May 20.\n\n3a) On May 20, 2022, LUNA went to the moon... in terms of its' circulating supply. It had 6.53 trillion LUNAs circulating.\n\n[May 20, 2022: LUNA was trading at a fraction of a cent with 6.53 trillion tokens circulating.](https://preview.redd.it/4tkomr50rp091.png?width=1236&format=png&auto=webp&s=8327e2ffb7df78e92f7b98c77abb5cd0ddbbd18a)\n\n3b) We want to calculate the number of times LUNA's circulating supply jumped by between May 20 and April 4:\n\n Number of times LUNA's supply jumped by = Circulating Supply @ May 20 [tokens] / Circulating Supply @ April 4 [tokens]\n\n3c) Substitute in the variables and the equation becomes...\n\n Number of times LUNA's supply jumped by = 6,533,856,234,794 / 353,128,511\n\n3d) Plug them numbers into a calculator and we get:\n\n[Luna has 18,502 times MORE tokens in circulation in May 20 compared to April 4!](https://preview.redd.it/nlr76o1erp091.png?width=1582&format=png&auto=webp&s=74e925e00129b585bab5fa2e513904fa13a7e641)\n\n​\n\n​\n\n# Step 4: Get the answer to our goal — the minimum price per LUNA needed to get to the market cap at ATH, which was when LUNA was about $116 per token.\n\n4a) Let's not forget our Market Cap equation back from ***Step 1***. If we are to translate our ***Goal*** into a mathematical equation, we'd get the following:\n\n MC @ April 4 [$] = Circulating Supply @ May 20 [tokens] * Price per LUNA [$/token]\n\n4b) Let's re-arrange the equation so we can understand the ***Goal*** better:\n\n Price per LUNA [$/token] = MC @ April 4 [$] / Circulating Supply @ May 20 [tokens]\n\n>**Goal**: we want to calculate the minimum price of LUNA that is needed to get to its' market cap at ATH ($116/LUNA), considering the current supply of LUNA or May 20, 2022's circulating supply.\n\n4c) In order to use our answer from ***Step 3d***, we can think of the equation above as this:\n\n Price per LUNA [$/token] = MC @ April 4 [$] / (Number of times LUNA's supply jumped by from April 4 to May 20 * Circulating Supply @ April 4 [tokens])\n\nWhich is\n\n Price per LUNA [$/token] = MC @ April 4 [$] / (18,502 * Circulating Supply @ April 4 [tokens])\n\n4d) Plug in the numbers using our answer from ***Step 2c*** and the information from ***Step 2a***...\n\n Price per LUNA [$/token] = 41,114,752,536 / (18,502 * 353,128,511)\n\n4e) Grab your lovely calculator again...\n\n[Price per LUNA needed to get to the market cap at ATH on April 4, 2022 = $0.0063\\/token](https://preview.redd.it/kvpkcawesp091.png?width=1582&format=png&auto=webp&s=4347df9934c4964b28d640321ab4c397ce717660)\n\n​\n\n# \n\n# Conclusion\n\nIt won't even get to $1 per LUNA.\n\nOkay okay, since you insist. Let's math it again. Suppose LUNA gets to $1 today, that means the market cap of LUNA becomes:\n\n MC [$] = Circulating Supply of LUNA @ May 20 [tokens] * Price per LUNA [$/token]\n\nPlug in the numbers from ***Step 3a***:\n\n MC [$] = 6,533,856,234,794 * 1\n\nAnd you don't even need a calculator to get:\n\n[Market Cap of LUNA, if it were to get to $1 per LUNA = $6.53 trillion](https://preview.redd.it/3tyg6xinsp091.png?width=1586&format=png&auto=webp&s=172937730d5aeb1df8ce646deeaaf86244d3e9ba)\n\nThus, LUNA's market cap would be much bigger than BTC... **and the entire cryptocurrency market cap**.\n\n​\n\n***Cheers y'all, have a great rest of the week!🍻***", 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/', 'uuaj5b', [['u/Bucksaway03', 65, '2022-05-21 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e1zss/', "It's the same people thinking Shiba can go to $1 and doge to $10", 'uuaj5b'], ['u/Zestyclose-Ad9738', 12, '2022-05-21 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e20jf/', 'Glad I only fomoed 6 quid in 😆', 'uuaj5b'], ['u/jennystonermeyer', 24, '2022-05-21 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e27yr/', "So after all the fail, you are saying there's a chance!", 'uuaj5b'], ['u/Wonzky', 13, '2022-05-21 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e280h/', "I think most people are banking on Luna V2 airdrops since they haven't even figured out how to distribute it yet, but said people who bought Luna after the de peg will still get some", 'uuaj5b'], ['u/IsnortETH', 730, '2022-05-21 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e2r9k/', 'Tldr:\n\n6.5 Trillion tokens thats why', 'uuaj5b'], ['u/ipetgoat1984', 165, '2022-05-21 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e3fti/', 'I threw $20 at it when it had a bunch of zeros in it for kicks', 'uuaj5b'], ['u/Sketchy-Lefty25', 286, '2022-05-21 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e3g9b/', 'Thank you for that, definitely easy to understand.', 'uuaj5b'], ['u/lucubanget', 76, '2022-05-21 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e3nw8/', "You're very welcome! I hope this can also help others who may not have a solid understanding of how market caps work", 'uuaj5b'], ['u/gmetothemoongodspeed', 343, '2022-05-21 01:44', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e3wmq/', 'So it’s currently undervalued at 0.000120?', 'uuaj5b'], ['u/CptBeetle', 45, '2022-05-21 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e45uq/', 'You forgot the meth', 'uuaj5b'], ['u/Hank___Scorpio', 12, '2022-05-21 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/uuaj5b/for_those_thinking_that_luna_will_come_back_to/i9e4b20/', "Some people ... Based 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 been a range-bound start to the weekend. On Saturday, XRP rose by 1.02% to end the day at 0.4141\n• This week, the SEC filed its response to Ripple’s reply to the SEC brief on the Hinman docs and attorney-client privilege.\n• The court ruling could materially influence the outcome of the SEC v Ripple case and XRP price action.\nA lack of progress in the SEC v Ripple case remains a drag on XRP. On Saturday, XRP rose by 1.02%. Partially reversing a 2.40% decline from Friday, XRP ended the day at $0.4141.\nA bearish start to the day saw XRP fall to an early morning low of $0.4030 before striking a high of $0.4175.\nWhile XRP left the day’s Major Support and Resistance Levels untested, support at $0.40 was the key.\nThere were no major news updates from theSEC v Ripplecase to provide direction. Market participants are awaiting a court ruling on an SEC brief that documents and emails relating to William Hinman’s 2018 Speech are protected by the attorney-client privilege.\nWilliam Hinman, former SEC Director of the Division of Corporation Finance, has become a central figure in the ongoing SEC v Ripple case.\nIn a 2018 speech, Hinman said that Bitcoin (BTC) and Ethereum (ETH) are not securities.\nSince a defense motion, in August 2021, to compel the SEC to provide documents and emails about the Speech, the SEC appears committed to shielding the speech-related documents.\nEarlier this month, Ripple defense lawyer Matthew Solomon hadopposedat least the sixth SEC motion “filing in opposition to Defendants’ August 10, 2021, motion to compel.”\nAs previously stated, Solomon noted,\n“Since the Defendants filed this motion to compel nearly nine months ago, the Court has twice overruled the SEC’s improper deliberative process privilege objections. Notwithstanding that, and close of fact and expert discovery, the SEC continues to withhold all documents related to a former SEC official’s June 14, 2018 speech.”\nSince both parties have responded to the SEC brief, it now sits with the Court to make a ruling.\nConsidering the SEC’s fervent efforts to shield the documents, information within the documents is likely to be material to the case and possibly influence the outcome.\nA ruling in favor of Ripple could materially balance the scales in favor of the defendants.\nWhile parties concerned and the markets await a court ruling on the Hinman documents, Ripple has also been pushing for the SEC to deliver on Requests for Admissions (RFAs).\nAs shared by defense attorney James Filan, Ripple filed a Motion to Compel concerning the SEC’s failure to respond to the Defendants’ fourth set of RFAs.\nThe Ripple Defense focused on seven key areas and 53 RFAs to which there is no real dispute and 26 RFAs seeking authentication of record remarks by SEC Commissioners and senior officials.\nThe areas of focus include,\n• Inquiries about XRP, received by the SEC’s Office of Investor Education and FinHub.\n• Watch lists in relation to XRP.\n• SEC trading policies.\n• Ripple’s 2013 meeting with the SEC and other regulators.\n• No-Action Letters.\n• Completeness of the SEC’s document production\n• Authenticity of recorded remarks by SEC personnel.\nThe RFAs in the category of authenticity of recorded remarks by SEC personnel have drawn media interest.\nHere, the Ripple Defense is merely requesting the SEC to,\n“concede the genuineness of a limited number of recorded public remarks made by the SEC’s own commissioners and senior officials while they served the SEC – all but one of whom are custodians in this litigation for discovery purposes.”\nFor each RFA, totaling seven, the SEC needs to,\n“Undertake a reasonable inquiry and admit or deny the request – including a working hyperlink to the recording, the speaker, and the location and the date of the remarks.”\nTo date, the SEC has reportedly refused to admit or deny the authenticity of the recorded statements, claiming insufficient information. Among the recordings is one of William Hinman.\nAt the time of writing,XRPwas down 0.05% to $0.4139.\nXRP will need to avoid the $0.4201pivotto target the First Major Resistance Level at $0.4201. XRP would need broader crypto market support to break out from Saturday’s high of $0.4175.\nIn the event of an extended rally, XRP should test the Second Major Resistance Level at $0.4260. The Third Major Resistance Level sits at $0.4405.\nA fall through the pivot at $0.4115 would bring the First Major Support Level at $0.4056 into play.\nBarring another extended sell-off throughout the day, XRP should avoid sub-$0.3950. The Second Major Support Level at $0.3970 should limit the downside.\nTheEMAsand the 4-hourly candlestick chart (below) send a bearish signal. At the time of writing, XRP sits below the 50-day EMA, currently at $0.4294. This morning, the 50-day EMA pulled back from the 100-day EMA. The 100-day EMA also pulled back from the 200-day EMA, XRP negative.\nA move through the 50-day EMA would support a return to $0.50. A court ruling on the SEC’s claim of attorney-client privilege will be the key.\nThisarticlewas originally posted on FX Empire\n• Ukraine rules out ceasefire as fighting intensifies in Donbas\n• Powerful storm rips through Ontario, killing at least two\n• Factbox-Key members of Australia’s incoming Labor government\n• As Russia intensifies push for Donbas, Ukraine rules out ceasefire\n• Australia’s Labor to retake power after 9 years, independents may hold sway\n• Qatari FM says Iran’s leadership open for a compromise on nuclear file -al Jazeera TV', 'A few weeks ago I had the pleasure of speaking with Mr. Wonderful, aka, Shark Tank’s Kevin O’Leary.\xa0 Kevin gave me several interesting takes, including his view on interest rates and how to think about investing in crypto. One of his main investments in the space is in WonderFi (WONDF).\xa0 The company is very young, yet expects to have $31M - $32M in revenue in this year with nearly $4B in transactional value flowing through its platform.\xa0 WonderFi is a cryptocurrency platform that allows users to trade cryptocurrency and participate in the nascent Defi Market with includes the ideas of yield farming within crypto. Since this stock is sometime harder to find than most OTC listed stocks, you might also look on the NEO exchange for the ticker WNDR or trading on the FTX platform with WNDR as the ticker. The company boasts 600,000 users and is focusing on the retail client.\xa0 This number is still a tiny fraction of the total market that could reach as high as 300M users over the next few years.\xa0 The idea here is clearly that this is growing industry and this is an opportunity to get in on the ground floor. For some perspective, Coinbase (COIN) has 89 million verified users of which about 11M are doing transactions on a monthly basis.\xa0 The users on the WonderFi platform are likely to skew to far great percentatge of active users. Risks In The Space Over the last several weeks we have seen a few instance of fraud in the cryptocurrency space and if you are like me you probably scratched your head over this.\xa0 I mean isn’t the blockchain supposed to be the thing that eliminates the fraud? Turns out WonderFi has a leg up on this front.\xa0 The company is really focused on regulation and it is the first licensed broker for crypto in Canada.\xa0 The company runs in platform on Ether, which is amongst the most secure crypto platforms. So while issues like “painting the tape” may be an issue for many exchanges, WonderFi is certainly a leader in being a secure platform. Story continues Leadership When looking to invest in a new industry that doesn’t have a lot of history one has to look to the leadership.\xa0 Does the company have top talent to lead it to the growth.\xa0 With Wonderfi moving from 0 to 600,000 users and shortly it will move to 1M, you have to believe they have what it takes. The experienced management team that has put together a great platform, but add on top of that a solid board and a few all star investors and you have a nice recipe for success. The management group has experince from some of the biggest names in the space including Argo Blockchain (ARBK), SalesForce (CRM) among others. Big Investors Speaking of big investors, there is this one guy on board by the name of Kevin O’Leary.\xa0 We see him all the time on Shark Tank and as a market pundit on CNBC so it was interesting to get his take on the crypto space. Be sure to keep WonderFi on your aggressive growth radar screen. 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 Argo Group International Holdings, Ltd. (ARGO) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Argo Blockchain PLC Sponsored ADR (ARBK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research', 'A few weeks ago I had the pleasure of speaking with Mr. Wonderful, aka, Shark Tank’s Kevin O’Leary.\xa0 Kevin gave me several interesting takes, including his view on interest rates and how to think about investing in crypto.\nOne of his main investments in the space is in WonderFi (WONDF).\xa0 The company is very young, yet expects to have $31M - $32M in revenue in this year with nearly $4B in transactional value flowing through its platform.\xa0 WonderFi is a cryptocurrency platform that allows users to trade cryptocurrency and participate in the nascent Defi Market with includes the ideas of yield farming within crypto.\nSince this stock is sometime harder to find than most OTC listed stocks, you might also look on the NEO exchange for the ticker WNDR or trading on the FTX platform with WNDR as the ticker.\nThe company boasts 600,000 users and is focusing on the retail client.\xa0 This number is still a tiny fraction of the total market that could reach as high as 300M users over the next few years.\xa0 The idea here is clearly that this is growing indus **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: 2022-05-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $571,049,726,962 - Hash Rate: 189527082.3637104 - Transaction Count: 209047.0 - Unique Addresses: 535873.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Zilingo Pte, one of Singapore’s highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort to raise new funding led to questions about the company’s accounting, according to people familiar with the matter. Most Read from Bloomberg U.S. Stops Mask Requirement on Planes After Judge’s Ruling Ukraine Update: Russia Assault in Donbas, EU Mulls Postwar Costs Global Investors Flee China Fearing That Risks Eclipse Rewards Tesla Autopilot Stirs U.S. Alarm as ‘Disaster Waiting to Happen’ Ukraine Update: Mariupol Defenders Hold Out Against Onslaught The company, which supplies technology to apparel merchants and factories, had been trying to raise $150 million to $200 million with help from Goldman Sachs Group Inc. when investors began to question its finances as part of the due diligence process, said the people, asking not to be identified because the information is confidential. The talks, which could have boosted Zilingo’s valuation to more than $1 billion, stalled, they said. The startup’s investors, which include Temasek Holdings Pte and Sequoia Capital India, have started an investigation into the financial practices, the people said. Zilingo’s auditor raised questions about its accounting, they said. The concerns center on the way that Zilingo, which regulators said had not filed annual financial statements since 2019, accounted for transactions and revenue across a platform spanning thousands of small merchants. Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment, according to two people close to the situation. She has hired an attorney to represent her, Abraham Vergis of Providence Law Asia, and has called the investigation a “witch hunt,” according to correspondence reviewed by Bloomberg News. Zilingo and Temasek declined to comment. Both Bose and her lawyer declined to comment. Two of Zilingo’s directors, Temasek’s Xu Wei Yang and Burda Principal Investments Ltd.’s Albert Shyy, left its board last month, according to regulatory filings. Zilingo had hired James Perry, a Citigroup Inc. veteran, as its chief financial officer in mid-2019, but he left about a year later to return to the U.S. bank. Story continues The clash represents a dramatic turn of fate for one of Singapore’s most celebrated startups. Zilingo was founded by Bose and Chief Technology and Product Officer Dhruv Kapoor in Singapore seven years ago to help small businesses across South and Southeast Asia sell their goods online. The company began by working with small merchants that sell to consumers, and then expanded into adjacent areas. As the founders started talking with small sellers, they realized many lacked access to robust technology and essential capital. That led them to develop software and other tools that would allow merchants to access factories in places like Vietnam or Bangalore, and would smooth the complicated process of shipping across borders. In 2018, Zilingo began to team up with financial technology firms to provide working capital to small sellers so they can buy raw materials to produce goods. In early 2019, Zilingo raised $226 million from investors including Sequoia and Temasek, and pushed its valuation to $970 million, almost the $1 billion mark that earns startups designation as a unicorn. Bose, then 27, was celebrated as a visionary and a sign of the entrepreneurial potential for Southeast Asia. “We were a bunch of twenty-somethings with nothing except this dream and we decided to chase it,” she said at the time. Bose had worked at Sequoia earlier and had said the experience helped her build the startup. Zilingo, which had grown into a full-blown marketplace for wholesale buyers and sellers in the fashion industry, faced growth troubles after pandemic-fueled restrictions forced many small businesses to shut their doors. To rein in its own costs, Zilingo said it cut a number of jobs in 2020 and downsized marketing, sourcing and support teams in the U.S., Australia, Singapore and Indonesia. The company made an aggressive pitch in its latest effort to raise fresh capital. Late last year, it forecast that core net revenue would rise from about $40 million in fiscal 2021 to roughly $60 million in fiscal 2022 and $100 million the year after, according to presentation documents reviewed by Bloomberg News. Zilingo said it anticipated breaking even on core Ebitda -- or earnings before interest, taxes, depreciation and amortization -- in fiscal 2023 and then reach almost $200 million in fiscal 2026. On March 31, Bose was called to a meeting with three board members and told about “serious” complaints about discrepancies in accounts and mismanagement, according to the correspondence reviewed by Bloomberg. She was later questioned by two people from Kroll, the investigations firm. Her suspension is scheduled to run until May 5. Bose, through her lawyer, has argued that the directors did not follow proper procedures during the process and questioned their right to suspend her, according to the correspondence from her attorney to Zilingo. “We are of the view that our client’s suspension has been procured by invalid and defective means; that the investigation commenced into her is unfair and lacking in due process, and that she has been suspended without proper and reasonable cause,” her attorney wrote. (Updates to add Bose and her lawyer declined to comment) Most Read from Bloomberg Businessweek Beijing Crackdown Derails Alibaba’s Bid for Amazon-Size Profit America’s Favorite Truck Is About to Test Tesla’s Dominance How Two Ex-Cops Cracked a $100 Million Maritime Mystery How Jack Dorsey Quit Twitter to Become Bitcoin’s Spiritual Leader Looking for a Brand Name That Will Stand Out? Try Finnish ©2022 Bloomberg L.P.... - Reddit Posts (Sample): [['u/slvbtc', 'As we currently enter a recession worse than 2008 this is a reminder that everything falls initially.', 895, '2022-05-22 01:05', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/', 'In 2007 as stocks formed their final peak before crashing during the 2008 global financial crisis everything fell alongside stocks. Even gold tanked and for six long months kept declining alongside stocks.\n\nBut then a decoupling happened, after the inital panic where everything got caught up in a global sell off gold reversed and proceeded to rally very strongly for the next 4 years while stocks kept falling. After the initial 6 months of confused panic people woke up and started searching for a safe haven.\n\nToday we are already in a recession but people just dont realise it yet. Stocks have been falling since November last year, some individual stocks down 60%+, the nasdaq down 30% and the S&P500 just today confirming a bear market by falling more than 20%. And just like 2008 gold has been selling off alongside stocks. This time however so too has bitcoin, which just like stocks has been falling since November last year.\n\nHistory is repeating.\n\nOver the coming months all economic indicators are going to confirm that the world is in a global recession that started in November last year, and everyone will wake up. They will realise whats going on and start looking for a safe haven. Thats when gold and bitcoin will reverse and enter a strong bull market rally over the next few years while stocks keep falling and indexes languish down 70%+ from their November 2021 highs.\n\nGold may double or triple in price seeing its market cap rise from $10T to $20T or even $30T. But bitcoin is starting from a much lower $500B market cap and as banks start failing and inflation runs hotter than expected btc will race to equal golds market cap if not exceed it.\n\nAt a bitcoin market cap of $30T one bitcoin will be worth $1.5 million dollars.\n\nI expect to see gold and bitcoin both decouple from the declining stock market over the next couple of months as a recession is officially confirmed, both beginning a multi-year bull market rally that may last until 2025 taking gold to $5000 per ounce and bitcoin above $1 million.', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/', 'uuy972', [['u/NJ0000', 74, '2022-05-22 01:13', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9i4ql0/', 'We are not in recession….only when two consecutive months show negative growth we are. Also what drugs or magical ball you have that you can already see it will be worse then 2008? Yes all signs show economic challenges ahead but your hopium is just a bit too strong', 'uuy972'], ['u/slvbtc', 27, '2022-05-22 01:22', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9i5sja/', 'Negative growth measures are backwards looking meaning they cannot confirm a recession has begun until 6 to 8 months after it has already begun. For the first 6 months of the 2008 recession the Fed was proclaiming the economy was strong. The same is true today, if a recession started in November last year it wont be confirmed and acknowledged until Q3 2022.\n\nUS GDP was negative in Q1, if it comes in negative again next month for Q2 (which is highly likely) that means the US has been in recession since late last year.\n\nThe severity of a recession is determined by the level of debt burden. Thats why they also go hand in hand with a debt crisis / financial crisis. The household, corporate and sovereign debt levels today are FAR larger and more unsustainable than in 2008 meaning the pain will also be far worse than 2008.', 'uuy972'], ['u/slvbtc', 31, '2022-05-22 01:24', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9i5yyi/', 'If Paul Tudor Jones has figured out that "bitcoin will be the fastest horse in the race" compared to gold then best believe Wall St has too.', 'uuy972'], ['u/TownConscious', 66, '2022-05-22 02:07', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iaokx/', 'By 2 months you of course mean two QUARTERS. This is a common misconception.', 'uuy972'], ['u/Micksar', 171, '2022-05-22 03:09', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9ihgmc/', 'For people with cash on the side… we are being blessed with this opportunity to DCA at severe discounts.', 'uuy972'], ['u/torvaman', 27, '2022-05-22 03:29', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9ijsdi/', '"As we currently enter a recession worse than 2008"\n\nuhh what? firstly, this is a statement you could only make after the recession ends, and secondly, there\'s a low chance things get as bad as 2008. Just because stocks/crypto are down a lot doesnt mean its worse than the housing market crashing.', 'uuy972'], ['u/morose_turtle', 19, '2022-05-22 03:34', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9ikchq/', "I think you are arguing semantics. We already got one quarter under our belt. I don't see the economy bouncing back next quarter. If you can't see the writing on the wall, you are probably legally blind.", 'uuy972'], ['u/TheChoosey1', 44, '2022-05-22 03:41', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9il5dz/', "Two quarters. That's only fifty cents. You can't even buy a pair of boots for fifty cents.", 'uuy972'], ['u/FuCKiNTowel', 11, '2022-05-22 04:12', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iohiz/', 'Buying puts on everything 🙄', 'uuy972'], ['u/Lopsided_Ad3278', 42, '2022-05-22 04:27', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iq48m/', '2008 was so bad because the entire banking industry went bankrupt and needed a lifeline, I don’t get why people always compare today to 08’ were in a recession already but I don’t think it’ll drop like it did then', 'uuy972'], ['u/Lopsided_Ad3278', 22, '2022-05-22 04:33', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iqs7d/', 'The banks aren’t suffering like they were in 2008. It’s just seem to be businesses and consumers right now', 'uuy972'], ['u/slvbtc', 12, '2022-05-22 04:52', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9isu55/', 'Possible. But remember bitcoin was born out the 08 crisis as a solution and now has 13 years of track record under its belt ready to be the solution to the next crisis.', 'uuy972'], ['u/megafari', 65, '2022-05-22 04:57', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9itf6f/', 'Why are u confident this is ‘worse than 2008’?\n\nAre banks imploding? Major companies folding?', 'uuy972'], ['u/slvbtc', 32, '2022-05-22 04:59', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9itmml/', 'Not yet but they will. Debt levels are far worse now than in 08 and thats all it takes to make the pain far worse than 08.', 'uuy972'], ['u/LooperGamer', 129, '2022-05-22 05:00', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9itqu2/', 'Or it could go down to 20k which is a realistic probability.', 'uuy972'], ['u/fox630', 59, '2022-05-22 05:06', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iugbx/', 'Which is why you DCA.', 'uuy972'], ['u/LoveHateMachine85', 152, '2022-05-22 05:07', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iui6i/', 'DCA on the way down. DCA on the way up.', 'uuy972'], ['u/Musiquillahst', 426, '2022-05-22 05:07', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iuik1/', 'I just dropped the bong to read this. This was what I needed.', 'uuy972'], ['u/No-Claim-6316', 16, '2022-05-22 05:11', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iuylu/', 'People are locked in 30 year fixed loans with healthy LTVs, not some underwater ARM bullshit they were planning on refinancing with inflated valuations. Not even remotely close to the same situation.', 'uuy972'], ['u/SHA256dynasty', 14, '2022-05-22 05:39', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9ixskc/', 'Pre-1965 US quarters were made of 90% silver so recessions were less common back then.', 'uuy972'], ['u/PetethePanda1', 50, '2022-05-22 05:47', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iyl6h/', 'When the next recession/ depression hits, it wont be when everyone is calling for it.... It will be when everyone is saying IT WONT HAPPEN!', 'uuy972'], ['u/minn0w', 10, '2022-05-22 05:49', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9iypl3/', 'I was skeptical of that point until you mentioned this. I thought debt was really bad back then, but now thinking about it, people have been pushing houses for relatively much more than back then because there was no time the housing market let up a bit like it used to.\nSo people had fomo for the last few years and spent way more.', 'uuy972'], ['u/Crafty_Supermarket15', 41, '2022-05-22 05:56', 'https://www.reddit.com/r/Bitcoin/comments/uuy972/as_we_currently_enter_a_recession_worse_than_2008/i9izekj/', 'So much harder to get mortgages today than 2008. Underwri... Based 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 Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -U.S. and European stocks rallied on Monday, with the S&P 500 for the moment moving away from a bear market, while the euro leapt after the European Central Bank said it was likely to lift its deposit rate out of negative territory by September. Oil prices slid and gold extended recent gains, but the dollar fell further as investors cut their bets on more greenback advances based on market expectations for rising yields as the Federal Reserve tightens money supply. The MSCI all-country world index gained 1.54%, but is still down about 17% from its record high in January. The pan-European STOXX 600 index rose 1.26%, with the major British, French, German and Spanish indices rising more than 1% each. Stocks on Wall Street also gained more than 1%, though the Nasdaq Composite initially lagged after briefly trading in the red. The Dow Jones Industrial Average rose 1.98%, the S&P 500 advanced 1.86% and the Nasdaq Composite added 1.59% in choppy trade. Growth stocks rose 1.98%, outpacing a 1.74% gain in value stocks. The rally lifted all 11 S&P 500 sectors and put the benchmark on track for its first week of gains after seven consecutive weekly losses on fears of a looming slowdown, yet many analysts say the equities downturn is not over. Stock investors are under the illusion that the Fed will rescue the market from further decline by easing monetary policy, or what has become known as the Fed "put," said Steven Ricchiuto, U.S. chief economist at Mizuho Securities. "It\'s going to be a very, very sluggish growth environment and the Fed\'s not going stand in the way of it," Ricchiuto added. "You\'re seeing the bond market go down in yield. That\'s been saying to the equity market that the put isn\'t there and therefore the equity market needs to adjust as well." The yield on 10-year Treasury notes rose 7.7 basis points to 2.864% after a more than 40-basis-point decline from a multi-year high of 3.203% set two weeks ago. Story continues Others also see the equity market in difficulty. Given that a majority of S&P 500 constituents have already fallen by more than 20% from 52-week highs, it is safe to assume the bears are firmly in control of the market, said Anthony Saglimbene, Ameriprise\'s global market strategist, in a note. BlackRock Investment Institute cut its ratings of developed market equities to "neutral" from "overweight," citing the Fed\'s potentially overzealous efforts to curb inflation and signs of an economic slowdown in China. The focus in Europe was on ECB President Christine Lagarde, who accelerated an already sharp policy turnaround from all but ruling out interest rate hikes to now penciling in several in the face of record-high euro zone inflation. The prospect of higher rates lifted the euro 1.24% to $1.0691. The single currency has risen about 3.3% since hitting a multi-year low 10 days ago. "The doves are throwing in the towel," said Holger Schmieding of Berenberg bank, adding that he expects ECB rate hikes of 25 basis points in July, September and December. A survey from the Ifo Institute showed that German business morale unexpectedly rose in May, helping to calm investors for the moment. "I don\'t think we have reached rock bottom yet, it\'s a bear market rally. The market is still pretty concerned about sticky inflation," said Michael Hewson, chief markets analyst at CMC Markets. The World Economic Forum holds its first in-person meeting in two years in Davos, Switzerland over the next four days, with central bankers and the International Monetary Fund taking part in panels on the outlook for economies and inflation. e87187ff-f36f-4504-90c8-ae98ebf306b34 PEAK DOLLAR? The dollar index, which tracks the greenback against a basket of other major currencies, slid 0.855%. The index rose about 16% to a two-decade high over the 12 months to mid-May. Asian stocks fell overnight as investors worried inflation and rising rates would hamper the global economy\'s performance. MSCI\'s broadest index of Asia-Pacific shares outside Japan was slightly weaker. Oil prices were little changed as worries over a possible recession offset an outlook for higher fuel demand with the upcoming U.S. summer driving season and Shanghai\'s plans to reopen after a two-month coronavirus lockdown. U.S. crude futures settled up 1 cent at $110.29 a barrel and Brent rose 87 cents to settle at $113.42. Gold prices climbed as weakness in the dollar and economic growth concerns lifted the metal, though non-yielding bullion pared some gains after Treasury yields rose. U.S. gold futures settled up 0.3% at $1,847.80 an ounce. [GOL/] Bitcoin fell 3.55% to $29,189.85. World FX rates YTDhttp://tmsnrt.rs/2egbfVhGlobal asset performancehttp://tmsnrt.rs/2yaDPgnAsian stock marketshttps://tmsnrt.rs/2zpUAr4S&P 500 bear marketshttps://tmsnrt.rs/3lrWFKrimage/pnggraphics:graphic:1https://fingfx.thomsonreuters.com/gfx/mkt/klpykodqmpg/Pasted%20image%201653065756392.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GXID:klpykodqmpg (Reporting by Herbert Lash, additional reporting by Huw Jones in London; Editing by Emelia Sithole-Matarise, Kirsten Donovan, Will Dunham and Richard Chang)', 'By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -U.S. and European stocks rallied on Monday, with the S&P 500 for the moment moving away from a bear market, while the euro leapt after the European Central Bank said it was likely to lift its deposit rate out of negative territory by September. Oil prices slid and gold extended recent gains, but the dollar fell further as investors cut their bets on more greenback advances based on market expectations for rising yields as the Federal Reserve tightens money supply. The MSCI all-country world index gained 1.54%, but is still down about 17% from its record high in January. The pan-European STOXX 600 index rose 1.26%, with the major British, French, German and Spanish indices rising more than 1% each. Stocks on Wall Street also gained more than 1%, though the Nasdaq Composite initially lagged after briefly trading in the red. The Dow Jones Industrial Average rose 1.98%, the S&P 500 advanced 1.86% and the Nasdaq Composite added 1.59% in choppy trade. Growth stocks rose 1.98%, outpacing a 1.74% gain in value stocks. The rally lifted all 11 S&P 500 sectors and put the benchmark on track for its first week of gains after seven consecutive weekly losses on fears of a looming slowdown, yet many analysts say the equities downturn is not over. Stock investors are under the illusion that the Fed will rescue the market from further decline by easing monetary policy, or what has become known as the Fed "put," said Steven Ricchiuto, U.S. chief economist at Mizuho Securities. "It\'s going to be a very, very sluggish growth environment and the Fed\'s not going stand in the way of it," Ricchiuto added. "You\'re seeing the bond market go down in yield. That\'s been saying to the equity market that the put isn\'t there and therefore the equity market needs to adjust as well." The yield on 10-year Treasury notes rose 7.7 basis points to 2.864% after a more than 40-basis-point decline from a multi-year high of 3.203% set two weeks ago. Story continues Others also see the equity market in difficulty. Given that a majority of S&P 500 constituents have already fallen by more than 20% from 52-week highs, it is safe to assume the bears are firmly in control of the market, said Anthony Saglimbene, Ameriprise\'s global market strategist, in a note. BlackRock Investment Institute cut its ratings of developed market equities to "neutral" from "overweight," citing the Fed\'s potentially overzealous efforts to curb inflation and signs of an economic slowdown in China. The focus in Europe was on ECB President Christine Lagarde, who accelerated an already sharp policy turnaround from all but ruling out interest rate hikes to now penciling in several in the face of record-high euro zone inflation. The prospect of higher rates lifted the euro 1.24% to $1.0691. The single currency has risen about 3.3% since hitting a multi-year low 10 days ago. "The doves are throwing in the towel," said Holger Schmieding of Berenberg bank, adding that he expects ECB rate hikes of 25 basis points in July, September and December. A survey from the Ifo Institute showed that German business morale unexpectedly rose in May, helping to calm investors for the moment. "I don\'t think we have reached rock bottom yet, it\'s a bear market rally. The market is still pretty c **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $577,853,384,762 - Hash Rate: 248560108.0179809 - Transaction Count: 265106.0 - Unique Addresses: 638912.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A basketball bounces off the ground Getty Images The stock market's 2022 washout, which included an uncharacteristically awful April for equities, looked like it was about to bleed into May, but a late relief rally helped the major indexes finish in positive territory for the month's first session. Monday's early selling might have in part been triggered by a weak Institute for Supply Management manufacturing purchasing managers' index, which showed activity declining 1.7 points in April to 55.4 (still expanding, but at a slower pace, and below expectations). SEE MORE 65 Best Dividend Stocks You Can Count On in 2022 "Headwinds from [supply pressures and softer external demand] have intensified in March and April in the wake of geopolitical developments despite strong domestic final demand," says Barclays economist Jonathan Millar. Nerves also might be frayed ahead of what will prove a busy week. In addition to another full earnings slate and Friday's April jobs report, the next chapter of Federal Reserve monetary tightening is expected to come Wednesday, when the Federal Open Market Committee makes its latest policy statement. Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice. Wall Street is overwhelmingly betting on a 50-basis-point increase to the central bank's benchmark interest rate, and some strategists see Fed Chair Jerome Powell stuck between a rock and a hard place. "The question becomes 'How many more [rate hikes] does Powell signal?'" says Tom Porcelli, chief U.S. economist for RBC Capital Markets. "The market expects we'll also see [50-basis-point hikes] at the June and July meetings. The next meeting is September, and it's not quite fully priced for a 50. SEE MORE 2022's Best Mutual Funds in 401(k) Retirement Plans "And there is part of the challenge for Powell. If he relents at all on his hawkish position, the market will begin to remove this aggressive stance and we'll see an easing in financial conditions and that is exactly what he does not want to happen, not at the moment anyway." Story continues The major indexes, which looked primed to plumb new year-to-date lows early on, flipped into green during the session's final hour. The Nasdaq Composite (+1.6% to 12,536) led the way, followed by the S&P 500 (+0.6% to 4,155) and Dow Jones Industrial Average (+0.3% to 33,061). stock chart for 050222 YCharts Other news in the stock market today: The small-cap Russell 2000 joined in on the afternoon rally, improving by 1.0% to 1,882. U.S. crude oil futures edged up 0.5% to $105.17 per barrel. Gold futures suffered their worst daily decline since early March, sliding 2.6% to $1,863.60 an ounce. Bitcoin gained a little bit of ground, improving 0.6% to $38,567.40. (Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m.) Global Payments ( GPN ) sank 9.2% after the payments technology firm reported earnings. In its first quarter, GPN reported higher-than-expected adjusted earnings of $2.07 per share on in-line revenue of $1.95 billion, while also maintaining its full-year outlook. As for today's slide, Oppenheimer analyst Dominick Gabriele suggests Wall Street might have been looking for "more top-line growth" following solid results from Visa ( V ) and Fiserv ( FISV ). Align Technology ( ALGN ) gained 6.5% after the Invisalign maker said it kicked off a $200 million accelerated stock buyback program . Shares plummeted to a new 52-week low of $270.37 late last week after the company's earnings report reflected "the quarter's underperformance, lower visibility causing ALGN to revoke revenue guidance, and the negative management tone around global headwinds which will likely impact earnings per share growth," says CFRA Research analyst Paige Meyer (Hold). Investors More Bearish Than They've Been in Decades Monday's higher close belies investors' deep gloom. SEE MORE 10 Beaten-Down Tech Stocks to Buy for the Long Term The American Association of Individual Investors has, since 1987, run a weekly survey that gauges investors' sentiment by asking "Do you feel the direction of the stock market over the next six months will be up (bullish), no change (neutral) or down (bearish)?" In the most weekly survey, optimists are in short supply. "There haven't been so few "bullish" investors in 30 years," says Ross Mayfield, investment strategy analyst at Baird. "Just as a refresher, that stretch includes the dot-com crash, the 2008 Financial Crisis, and the COVID-19 pandemic." But before you gnash your teeth or rend your garments, consider that the stock market is often darkest right before its dawn. "Equity returns from periods of elevated bearishness tend to be outstanding," Mayfield continues. "The average 12-month return from these periods is double the all-period average, and perhaps more importantly, the hit rate for a positive return is nearly 100%. You might not always get the 20% return over 12 months, but you almost never lose money – and that's half the battle. As it turns out, a great time to be bullish is when everyone is bearish. Or, as the saying goes, 'Be greedy when others are fearful.'" Indeed, rather than "sell in May and go away," investors might consider a springtime spree of dip buys on downtrodden stocks that are potentially poised to ride secular trends higher over the coming year. Electric vehicle shares , for instance, now trade at far better valuations than they have over the past year-plus. Another place to look is big data – as companies gather ever-growing troves of data, they're also finding this information increasingly difficult to sift through. But big data firms can help corporate America gain valuable insights from this information, and could become staples of doing business in the future. Here are five big data names worth a closer look. SEE MORE 15 Stocks Billionaires Are Selling You may also like Warren Buffett's Inflation Plan: Buy, Buy, Buy Your Guide to Roth Conversions The 25 Cheapest U.S. Cities to Live In... - 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 six dividend stocks have higher than average yields and lower P/E multiples. These large-cap stocks have 20% better P/Es and dividend yields than the average of theS&P 500. Additionally, these stocks have positive earnings growth.\n• JPMorgan(JPM) – This bank has a 3.41% dividend yield and a low 10.4x forward P/E. Earnings should rise 14% in 2023.\n• Verizon(VZ) – This telecom company has a 5.17% dividend yield and a forward P/E of just 9.2 times, with earnings forecast to rise in 2023.\n• Novartis AG(NVS) – This drug company has 9.3% earnings growth, a 14.1x forward P/E and a 3.72% dividend yield.\n• United Parcel Service(UPS) – This shipping company has good earnings growth with a 13.37x forward P/E and a 3.55% yield.\n• Royal Bank of Canada(RY) – This Canadian bank has a forward P/E of 11.2x, a 3.8% yield and a 6.8% earnings growth rate forecast for 2023.\n• Goldman Sachs(GS) – This investment bank is cheap with a forward P/E of nearly 8.0x, 6% growth in 2023, and a 2.61% yield.\nSource: iQoncept/shutterstock.com\nThe average yield of theSPDR S&P 500 ETF(NYSEARCA:SPY) is 1.33%. Other sites put the average yield for the indexat 1.59%. However, our dividend stocks have yields higher than 1.59%.\nThe average price-to-earnings (P/E) ratio of theSPY ETF is 26.45xand the index has a19.7x multiple. However, the stocks on this list are 20% better with 16x P/Es and 2.5% yields.\nInvestors in these large-cap stocks will enjoy higher-than-average performance. However, that does not necessarily mean that they won’t fall. These stocks should tend to perform better than the average stock, compared to theSPDR S&P 500 ETF Trust(NYSEARCA:SPY) or theS&P 500 Index.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\n• 7 REITs to Buy for the Second Half of 2022\nMoreover, each of these large-cap dividend stocks have positive earnings outlooks for 2023. Let’s dive in and look at these stocks:\n[{"Ticker": "JPM", "Company": "JPMorgan Chase & Co.", "Price": "$126.25"}, {"Ticker": "VZ", "Company": "Verizon Communications Inc.", "Price": "$50.17"}, {"Ticker": "NVS", "Company": "Novartis AG", "Price": "$90.92"}, {"Ticker": "UPS", "Company": "United Parcel Service, Inc.", "Price": "$174.16"}, {"Ticker": "RY", "Company": "Royal Bank of Canada", "Price": "$101.79"}, {"Ticker": "GS", "Company": "The Goldman Sachs Group, Inc.", "Price": "$320.80"}]\nSource: Shutterstock\n• Market Cap: $370.16 billion\nJPMorgan Chase & Co.(NYSE:JPM) is a very cheap large money-center bank trading for just 10.4x forward P/E. Earnings should rise 14% in 2023 to $12.52, according toRefinitiv’ssurvey of 22 analysts. So, at $117.34 as of May 20, JPM stock has a 2023 forecast P/E of just 9.37x. That is very cheap and equates to an earnings yield of 10.67%.\nMoreover, JPM stock now has a dividend yield of 3.41% with its annual $4 dividend rate. The company can clearly afford this dividend given its earnings power and positive earnings outlook.\nIn addition, JPMorgan is buying back large amounts of its shares each quarter. In the first quarter (Q1) alone it repurchased over $2.45 billion of shares. This works out to about $10 billion a year, or a buyback yield of 2.9% annually for shareholders. These factors make JPM stock one of the top dividend stocks on this list.\nSource: Ken Wolter / Shutterstock.com\n• Market Cap: $210.10 billion\nVerizon Communications(NYSE:VZ) is a major telecom stock with a very cheap valuation and a very good dividend yield. At 5.17%, the yield is the best on this list of dividend stocks with low valuations and good earnings growth.\nFor example, at $49.53 as of May 20, VZ stock has a forward P/E multiple of just 9.2x. Moreover, with $5.56 earnings per share (EPS) forecast for 2023, the forward P/E over one year out drops to just 8.9x.\n• 7 Dividend Stocks to Boost Your Retirement Savings\nIn addition, Verizon company is free cash flow (FCF) positive, having produced $1 billion in FCF this past quarter. This helps pay for its large dividend payments to shareholders. It has raised dividends every yearfor the past 18 years. These factors make VZ stock one of the best dividend stocks on this list.\nSource: Denis Linine / Shutterstock.com\n• Market Cap: $1200.66 billion\nNovartis(NYSE:NVS) is a major pharmaceutical company with good earnings growth and a low valuation. The stock has an attractive 3.72% dividend yield on May 20 of $89.42 and its annual $3.33 dividend payment.\nMoreover, Novartis expects to see a 9.3% earnings growth forecast from $6.23 EPS this year to$6.81 in 2023. Therefore, it has a forward P/E multiple of just 13.1x for 2023. That reflects the earnings power of its drug portfolio.\nMoreover, Novartis can clearly afford to keep its $3.33 dividends, as it has a payout ratio of 53% this year and 49% next year. In addition, it has paid dividends to its shareholders in each of the past 25 years. And for the last 3 years, it has raised the dividend each year.\nAdditionally, Novartis has started buying back large amounts of its shares. In Q1, it repurchased over$2.5 billion of its shares. That gives it a buyback yield of 5.2% on top of its 3.72% dividend yield. This makes NVS one of the more attractive dividend stocks on this list.\nSource: Sundry Photography / Shutterstock\n• Market Cap: $151.87 billion\nUnited Parcel Service(NYSE:UPS) is a major shipping company with good earnings growth and a 13.5x forward P/E for 2022. At $171.04 per share as of May 20, UPS stock trades for just 12.8x the 2023 EPS forecast of $13.37.\nMoreover, with its annual dividend of $6.08 (a 48.5% payout ratio), UPS stock has an above-average 3.55% dividend yield. In addition, UPS has raised its dividend in each of thepast 22 years. That should give investors a good deal of comfort that it will keep increasing the dividend even if there is a recession.\n• 7 Undervalued Stocks to Buy Before Investors Catch On\nThe fact that UPS is also producing large amounts of free cash flow allows it to buy back its common stock shares. That helps provide value to shareholders in addition to the high dividend yield. It also makes it one of the best dividend stocks.\nSource: Mitch Hutchinson / Shutterstock\n• Market Cap: $144.27 billion\nRoyal Bank of Canada(NYSE:RY) is a profitable Canadian bank with good earnings growth that is very cheap and has a higher than normal yield. At $99.17 as of May 20, RY stock trades for just 11.4x analysts’ forecasts of $8.67 for 2022. Moreover, for 2023, analysts forecast 6.8% growth to $9.26, putting RY stock on a forward P/E of just 10.7x.\nAdditionally, given that the bank pays out $3.77 per share in annual dividends, RY stock has an attractive 3.8% dividend yield. RY stock has paid out dividends in each of thepast 32 years. In fact, the Royal Bank of Canada has raised the dividend in each of the past 6 years. That makes it highly likely the bank will keep increasing the dividend going forward.\nSource: Novikov Aleksey / Shutterstock\n• Market Cap: $110.35 billion\nThe Goldman Sachs Group(NYSE:GS) is a cheap investment banking and commercial bank. In 2022, 23 analysts have an average earnings forecast of$38.35 in EPS, putting Goldman on a forward P/E of just 8x. Moreover, analysts forecast that earnings will climb 6.1% in 2023 to $40.71. At $306.80 on May 20, the 2023 P/E multiple drops down to just 7.5x earnings. That is very cheap for an investment bank with such a stellar reputation.\nIn addition, given that Goldman Sachs pays an annual dividend of $8 per share, its dividend yield is attractive at 2.61%. Moreover, Goldman has paid dividends in each of the past 22 years and raised them in each of the past 5 years.\nGoldman Sachs is very shareholder-friendly. Last quarter alone it bought back $2 billion of its shares. At this rate, the stock has a buyback yield of 7.59% on top of its 2.61%.\n• 7 Oil Stocks to Buy With Safe Dividends\nGiven these factors, this is one of the most attractive of the dividend stocks on this list.\nOn the date of publication, Mark Hake did not hold (either directly or indirectly) any securities in this article. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines.\n• Stock Prodigy Who Found NIO at $2… Says Buy THIS\n• It doesn’t matter if you have $500 in savings or $5 million. Do this now.\n• Get in Now on Tiny $3 ‘Forever Battery’ Stock\n• Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air”\nThe post6 Dividend Stocks With High Yields and Low P/E Ratiosappeared first onInvestorPlace.', 'These six dividend stocks have higher than average yields and lower P/E multiples. These large-cap stocks have 20% better P/Es and dividend yields than the average of the S&P 500 . Additionally, these stocks have positive earnings growth. JPMorgan ( JPM ) \x96 This bank has a 3.41% dividend yield and a low 10.4x forward P/E. Earnings should rise 14% in 2023. Verizon ( VZ ) \x96 This telecom company has a 5.17% dividend yield and a forward P/E of just 9.2 times, with earnings forecast to rise in 2023. Novartis AG ( NVS ) \x96 This drug company has 9.3% earnings growth, a 14.1x forward P/E and a 3.72% dividend yield. United Parcel Service ( UPS ) \x96 This shipping company has good earnings growth with a 13.37x forward P/E and a 3.55% yield. Royal Bank of Canada ( RY ) \x96 This Canadian bank has a forward P/E of 11.2x, a 3.8% yield and a 6.8% earnings growth rate forecast for 2023. Goldman Sachs ( GS ) \x96 This investment bank is cheap with a forward P/E of nearly 8.0x, 6% growth in 2023, and a 2.61% yield. stock market ticker screen with the word "dividends" appearing in large text Source: iQoncept/shutterstock.com The average yield of the SPDR S&P 500 ETF (NYSEARCA: SPY ) is 1.33%. Other sites put the average yield for the index at 1.59% . However, our dividend stocks have yields higher than 1.59%. The average price-to-earnings (P/E) ratio of the SPY ETF is 26.45x and the index has a 19.7x multiple . However, the **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $559,064,111,345 - Hash Rate: 186420081.01348567 - Transaction Count: 235866.0 - Unique Addresses: 600094.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TheAustralian dollarhas gone back and forth during the trading session on Monday as we continue to see a lot of volatility throughout the marketplace, not only in the Australian dollar but pretty much everything else as well. Ultimately, the 0.70 level above will continue to be a major resistance barrier, as it is a large, round, psychologically significant figure, and an area that will cause some headline noise as well. Keep in mind that the US dollar is very strong in general, so it does make a certain amount of sense that the Aussie will suffer. Furthermore, the Australian dollar is highly tied to the commodity markets, which will be under a certain amount of pressure due to the question of global growth. If we are going to enter some type of recession globally, that will have a major impact on what we may see for demand. If that is going to be the case, the market is more likely than not going to continue to see a lot of noisy behavior, but even if we were to break above the 0.70 level, I believe that there are plenty of resistance areas above. In fact, it is not until we break above the 0.72 level that I would take a rally seriously. It would obviously have to do with some type of major shift in either risk appetite or perhaps the Federal Reserve and its attitude. That does not look very likely to happen anytime soon, so it is more likely than not set this market up for a “fade the rallies” type of situation. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Erdogan says Swedish, Finnish delegations should not bother coming to Turkey • Japanese Investment Bank Nomura To Launch Bitcoin, Crypto Subsidiary • Former top Republican lawmaker in Colorado received leak of voting data • Gold ticks up as dip in U.S. yields loosens dollar’s grip • West will not allow Russia a ‘diktat peace’ in Ukraine, says Germany’s Scholz • U.S. eyes baby formula imports amid nationwide shortage... - Reddit Posts (Sample): [['u/Boo_Randy', 'Cryptocurrency Executives Show Heavy Presence At Davos Meet', 65, '2022-05-24 00:18', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwbxtm/cryptocurrency_executives_show_heavy_presence_at/', 'Crypto execs mixing and mingling with the Davos Men. Isn\'t that special. Hey crypto fanbois: tell me again how we\'re on the same side. \n\n[https://www.ndtv.com/business/cryptocurrency-executives-show-heavy-presence-at-davos-meet-3000974](https://www.ndtv.com/business/cryptocurrency-executives-show-heavy-presence-at-davos-meet-3000974)\n\n*A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year\'s meeting in Davos*\xa0', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwbxtm/cryptocurrency_executives_show_heavy_presence_at/', 'uwbxtm', [['u/TastemyBacon', 10, '2022-05-24 00:21', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwbxtm/cryptocurrency_executives_show_heavy_presence_at/i9qk8un/', 'Crypto is literally the main weapon of WEF.', 'uwbxtm']]], ['u/Sad-Ad-2724', 'Bitcoin is a ponzi scheme', 76, '2022-05-24 01:07', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwcxrm/bitcoin_is_a_ponzi_scheme/', 'There is no mining of bitcoin. \n\nMiners build the blockchain. Another word for blockchain could be safe.\nBitcoin is the reward for a new safe. The safes are protected by a partial hash collision of a sha256 checksum. Mining means construction of safes not bitcoins. \nMining closes a safe forever.\n\nAll energy is lost and each transaction needs new energy again.\nBitcoin itself has no intrinsic value. All energy went into old transactions. There is no benefit for the future.\n\nThe miners must be payed by transaction fees at the end.\nBitcoin will slowly die after peak. There will be no crash. \nThe reason is the genius halfing.\n\nBuy silver and gold!\nAlso not good for nature but each bar has intrinsic value.\nLeave a comment if that is wrong.', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwcxrm/bitcoin_is_a_ponzi_scheme/', 'uwcxrm', [['u/The_Original_Tbone', 16, '2022-05-24 01:42', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwcxrm/bitcoin_is_a_ponzi_scheme/i9qu87u/', 'Let it go man.', 'uwcxrm'], ['u/Liberservative', 15, '2022-05-24 01:56', 'https://www.reddit.com/r/Wallstreetsilver/comments/uwcxrm/bitcoin_is_a_ponzi_scheme/i9qvwgi/', 'Not to protest, but I protest. Miners don\'t "build" the blockchain, they add to it. Keys are required to secure transactions, no transactions means no miners, no miners means no transactions—it\'s a relationship, not a one-sided sink/drain.\n\n"Bitcoin has no intrinsic value."Nothing has intrinsic value, not even gold or silver have intrinsic value because everything is only valuable due to a human perspective. People apply value, nothing in this world is intrinsically valuable because intrinsic value is an illusion to begin with. But if we are talking about \\*what\\* people value... people value being able to make transactions, but good luck completing a gold/silver transaction in a fraction of a second from the other side of the earth. Best of luck with that.\n\n"The miners must be payed by transaction fees at the end. Bitcoin will slowly die after peak. There will be no crash. The reason is the genius halfing."\n\nThe final stage of most "mined" currencies is to transition to a new structure that does not require mining anymore—and thereby does not require the power necessary to mine either. This frees up miners to find new projects worth securing (making them better) and eventually means there will be no more Bitcoin than what has been mined out and at this point, the supply will only contract over time. At this point, projects will likely move to something like Proof of Stake, or Proof of Consensus wherein nodes in the network will be capable of securing thousands of blocks per second and thousands of transactions per block, making the fee for each individual transaction miniscule by comparison, but ultimately still worth investing in for a Proof of Stake system.\n\n"Buy silver and gold! Also not good for nature but each bar has intrinsic value. Leave a comment if that is wrong."\n\nYes! Absolutely do, but also don\'t discount the utility of cryptocurrencies like BTC to enhance the ability of humans to trade with one another without the need for a centralized monetary system. Silver, Gold, and Cryptos can exist and work together to dethrone the corruption of fiat currency, which has done the most to rob the enslaved peoples of the world of their wealth through the boom/bust cycles of inflation and deflation.\n\n![gif](giphy|4KFvuA2LmYYVv46CNN|downsized)', 'uwcxrm']]], ['u/Terrencemalice', 'I am a Coinbase apologist…thoughts on the 5.75% APY', 35, '2022-05-24 01:10', 'https://www.reddit.com/r/algorand/comments/uwczam/i_am_a_coinbase_apologistthoughts_on_the_575_apy/', 'Listen, I know everyone on here hates Coinbase. Hear me out. I participate in the Algo ecosystem. Am farming on Algofi. Love me that opulous yield. Just bought some Nurd for the hell of it. They seem like good people. Bought into a property using Algo on Lofty. Am staking on Algostake. And this governance proposal? I think defi will grow fine either way really. Regardless, I’ve decided to vote with the foundation for now, for at least the next year. What I’m saying is I love Algo. But more people need to find out about Algo. CB can really help make it feel safe. My dad, for instance, loves the concept of btc, wanted to buy but was sketched out about everything, being the boomer he is, but did on Coinbase. There are tens of thousands in the USA who only use Coinbase, and I bet they’re much more likely to at least read the description of Algo, seeing that interest rate beside it. Think of Coinbase as like a Christopher Nolan film or say Harry Potter. They might not be the greatest thing created in their particular fields, but who knows, maybe they’ll encourage said viewer into something better. Now if a person never grows beyond Coinbase (Nolan), that’s not good. But that’s there own fault. But without Coinbase (Nolan), they might have never stumbled upon Algo (“insert good movie”). And yes, CB was how I was introduced, back in 17/18. A rough way to start! But I’m not saying to keep your Algo on CB by any means. I don’t. What I’m saying is Coinbase serves a purpose, and if you don’t like how much power they have in governance, buy more Algo and convince others to do the same. Also, if CB fails in the US…like why would you wish that? All it would do is set back adoption, like how the Luna failure is bringing about even more institutional wariness. Take joy in the success of other coins and projects, as all it will eventually do is lead more people to Algo, when eventually blockchain use goes mainstream, and a good blockchain will actually be needed.', 'https://www.reddit.com/r/algorand/comments/uwczam/i_am_a_coinbase_apologistthoughts_on_the_575_apy/', 'uwczam', [['u/ROACH247x559', 21, '2022-05-24 01:17', 'https://www.reddit.com/r/algorand/comments/uwczam/i_am_a_coinbase_apologistthoughts_on_the_575_apy/i9qr5fv/', 'Honestly ive been moving spare algo not in governance to cb just for their current apy.\nAs u said. That apy grabs a lot of attention. It is what 1st got me to look into algo.', 'uwczam'], ['u/puddlesofmustard', 13, '2022-05-24 01:24', 'https://www.reddit.com/r/algorand/comments/uwczam/i_am_a_coinbase_apologistthoughts_on_the_575_apy/i9qrzym/', "I had taken my Algo I bought after governance registration off of coinbase, but I put it back when they upped to 5.75%. It's free money and I'm going to take it. But all those will go into next governance, until I buy more during it.", 'uwczam'], ['u/TurkeyBaconALGOcado', 18, '2022-05-24 03:03', 'https://www.reddit.com/r/algorand/comments/uwczam/i_am_a_coinbase_apologistthoughts_on_the_575_apy/i9r42ip/', "Admittedly, were it not for Coinbase advertising 6% APY on ALGO awhile back, I probably never even would've checked it out. Gotta start somewhere.", 'uwczam']]], ['u/SkepticalCryptoDude', 'Do you really think crypto is going to replace fiat?', 15, '2022-05-24 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/uwd15h/do_you_really_think_crypto_is_going_to_replace/', 'For most of our lives, fiat currency seemed like a mainstay that would never go away. It was hard to imagine anything replacing it but the invention of Bitcoin changed everything.\n\nI would consider myself very bullish on crypto in general and I do believe that a fixed supply cap can combat inflation. However, do we all truly think crypto is going to replace fiat? Do you really think governments will let that happen? They’re already creating their own CBDCs and will try to control the crypto space anyway they can. The only weapon we have against this is decentralization in my opinion.\n\nI think inflation and the endless money printing is obviously a huge issue but I just don’t see fiat currency going away anytime soon.\n\nCrypto is too volatile first and foremost and the average citizen doesn’t even know how to buy Bitcoin. Most don’t even know other cryptos exist. \n\nIn conclusion, I do think one day crypto will reach mass adoption but I’m just not sure if it will ever be the reserve currency of the earth. Fiat truly isn’t going anywhere anytime soon contrary to what a lot of influencers say.', 'https://www.reddit.com/r/CryptoCurrency/comments/uwd15h/do_you_really_think_crypto_is_going_to_replace/', 'uwd15h', [['u/nick83487', 25, '2022-05-24 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/uwd15h/do_you_really_think_crypto_is_going_to_replace/i9qqsq5/', "I don't think crypto will completely replace FIAT. As long as governments exist, FIAT will exist but blockchain technology is here to stay. Like you said central banks are already making CBDCs and I think those will be the next era of finance with major cryptocurrencies thriving alongside them.", 'uwd15h'], ['u/fan_of_hakiksex... Based 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 interest rates are on the move, it’s always a good idea to start considering the best bank stocks to buy now.\n• Bank of America(BAC): One of Warren Buffett’s favorite stocks.\n• Citigroup(C):The Oracle of Omaha recently became a fan of this pick.\n• East West Bancorp(EWBC): Got its start in 1973 by focusing its efforts on the Chinese-American community.\n• JPMorgan Chase(JPM): Analysts like it, even though the stock is down big this year.\n• Wells Fargo(WFC): Finally seems to be putting its scandals in the rearview mirror.\nSource: Africa Studio / Shutterstock.com\nWhen interest rates are going up, I always think it’s a good idea to take a closer look at bank stocks to buy. That’s because they have a better chance of turning a profit in a rising interest rate environment. When the Federal Reserve raises rates, the net interest margin also goes up. Net interest margin is the difference between interest banks earn on assets and what it pays to depositors and creditors in interest.\nOf course, rising interest rates are only one factor in bank activity these days. You can’t assume every institution is going to profit equally from a rising interest rate environment. And don’t forget there are plenty of other pressures on the economy, such as Russia’s invasion of Ukraine, high energy prices and the moratorium on federal student loan payments.\nOppenheimer analyst Chris Kotowski ispretty bullishon banks right now. He says loan growth and rising interest rates are generally good for these picks. And if the economy would actually fall into a recession, today’s banking industry “would handle it better than any recession in history.”\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSo, what are the best bank stocks to buy right now? To answer that, I screened for U.S. bank picks that have a consensus “buy” rating or better from the analysts that cover them. I also looked for stocks that offer a dividend to investors.\n• 7 Large-Cap Stocks to Buy Right Now\nI came up with five stocks that made the list. Let’s take a closer look at each.\n[{"BAC": "C", "Bank of America": "Citigroup", "$35.40": "$52.33"}, {"BAC": "EWBC", "Bank of America": "East West Bancorp", "$35.40": "$68.82"}, {"BAC": "JPM", "Bank of America": "JPMorgan Chase", "$35.40": "$125.16"}, {"BAC": "WFC", "Bank of America": "Wells Fargo", "$35.40": "$43.12"}]\nSource: Andriy Blokhin / Shutterstock.com\nCouldBank of America(NYSE:BAC) use some good news? Definitely. BAC stock is down nearly 24% this year.\nThat’s even after a pretty good earnings report, in which it beat analysts’ expectations byposting revenueof $23.2 billion. The experts had predicted $23.1 billion. Earnings per share (EPS) was 80 cents, which was better than the 75 cents EPS that analysts had expected.\nAnalysts have a consensus price target of $48.28, which is 36% better than the current price. Plus, BAC stock offers a dividend of nearly 2.5%.\nNeed more convincing? Bank of America is one of Warren Buffett’s favorite stocks, being thesecond-largest holdinginBerkshire Hathaway’s(NYSE:BRK.A, NYSE:BRK.B) portfolio.\nSource: TungCheung / Shutterstock.com\nNew York-basedCitigroup(NYSE:C) also hada good first quarter. It beat analysts’ estimates for both revenue and earnings. Citigroup had Q1 revenue of $19.2 billion versus analysts’ expectations of $18.2 billion. It earned $2.02 per share versus expectations of $1.55 per share.\nBut like Bank of America, C stock is suffering. It’s down nearly 18% on the year. However, this is better than BAC stock, and even better than theS&P 500,which flirted with bear market territory in May.\nBuffett is a recent convert to C stock. Berkshire Hathaway disclosed it acquired55.15 million shares, making it Buffett’s 15th-largest position.\n• 7 REITs to Buy for the Second Half of 2022\nAnalysts have a consensus price target of $66.45 on C stock, giving it potential upside of 28%. And on top of that, Citigroup currently offers a whopping 3.9% dividend yield.\nSource: totojang1977 / Shutterstock.com\nThis is one name on the list that isn’t a so-called big bank stock. But California-basedEast West Bancorp(NYSE:EWBC) isn’t a company to take lightly. With a market capitalization of nearly $10 billion and total assets of more than $60 billion, East West Bancorp got its start in 1973 by focusing its efforts on the Chinese-American community.\nNow it has more than 120 locations in the U.S. and China, plus a full banking license from Beijing. ItsU.S. locationsare spread throughout California, Nevada, Washington, Texas, New York, Georgia and Massachusetts.\nEarnings for thefirst quarterincluded $495.4 million in revenue, which beat analysts’ estimates for $481.5 million. EPS also was a pleasant surprise, coming in at $1.66 versus the $1.53 per share that analysts had predicted.\nEWBC stock is down 14% so far this year, but analysts aren’t expecting that trend to continue. The consensus price target is $98, which represents 43% upside. On top of that, East West Bancorp offers a 2.3% dividend yield.\nSource: Roman Tiraspolsky / Shutterstock.com\nThat brings us back to one of the big banks, and they really don’t get any bigger thanJPMorgan Chase(NYSE:JPM). It currently boasts a market capitalization of $367 billion.\nEarnings in thefirst quarterwere better than the market expected. Revenue of $31.6 billion beat analysts’ forecast for $30.9 billion. Earnings per share of $2.76 was also better than expectations of $2.69.\nBut investors punished JPM stock because the bank’s profits were down 42% from a year ago, and revenue was down by 5%. The company blamed increased costs for bad loans and the Russian invasion of Ukraine.\n• 7 Dividend Stocks to Boost Your Retirement Savings\nEven though JPM stock is down 23% so far this year, analysts paint a rosy picture. The consensus price target of $157.43 is 26% better than the stock’s current price. JPM stock currently pays a dividend yield of 3.4%.\nSource: Ken Wolter / Shutterstock.com\nI didn’t expect to seeWells Fargo(NYSE:WFC) as the fifth and final name in my search. The beleaguered bank has had a wealth of problems in recent years, including a2016 investigationthat showed employees opened more than 2 million fraudulent accounts in order to snag bonuses.\nThen, there was a2017 reportthat the bank incorrectly fined more than 110,000 mortgage clients for missing a deadline when it was really the bank’s fault. After that, there was a 2018 report that Wells Fargo had to refund millions to customers after it improperly tacked on services like pet insurance to customers’ accounts without their knowledge.\nEarnings for thefirst quarterwere mixed. The company beat analysts’ estimates with 88 cents EPS versus 80 cents. But revenue of $17.6 billion was less than the $17.8 billion that analysts anticipated. Wells Fargo blamed the problem on a drop in mortgage lending — and that’s a problem that will continue for the near future.\nBut analysts see light at the end of the tunnel. Even though WFC stock is down nearly 16% so far this year, they have a consensus price target of $60.01 on the stock. That’s 40% better than today’s price.\nWhen you also consider Wells Fargo offers a 2.3% dividend yield, it’s no wonder analysts are starting to think differently about WFC stock.\nOn the date of publication, Patrick Sanders did not have (either directly or indirectly) any positions in the securities mentioned in this article.\xa0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\n• Stock Prodigy Who Found NIO at $2… Says Buy THIS\n• It doesn’t matter if you have $500 in savings or $5 million. Do this now.\n• Get in Now on Tiny $3 ‘Forever Battery’ Stock\n• Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air”\nThe post5 of the Best Bank Stocks to Buy Nowappeared first onInvestorPlace.', 'When interest rates are on the move, it\x92s always a good idea to start considering the best bank stocks to buy now. Bank of America ( BAC ): One of Warren Buffett\x92s favorite stocks. Citigroup ( C ): The Oracle of Omaha recently became a fan of this pick. East West Bancorp ( EWBC ): Got its start in 1973 by focusing its efforts on the Chinese-American community. JPMorgan Chase ( JPM ): Analysts like it, even though the stock is down big this year. Wells Fargo ( WFC ): Finally seems to be putting its scandals in the rearview mirror. A customer makes a transaction at a bank Source: Africa Studio / Shutterstock.com When interest rates are going up, I always think it\x92s a good idea to take a closer look at bank stocks to buy. That\x92s because they have a better chance of turning a profit in a rising interest rate environment. When the Federal Reserve raises rates, the net interest margin also goes up. Net interest margin is the difference between interest banks earn on assets and what it pays to depositors and creditors in interest. Of course, rising interest rates are only one factor in bank activity these days. You can\x92t assume every institution is going to profit equally from a rising interest rate environment. And don\x92t forget there are plenty of other pressures on the economy, such as Russia\x92s invasion of Ukraine, high energy prices and the moratorium on federal student loan payments. Oppenheimer analyst Chris Kotowski is pretty bullish on banks right now. He says loan growth and rising interest rates are generally good for these picks. And if the economy would actually fall into a recession, today\x92s banking industry \x93would handle it better than any recession in history.\x94 InvestorPlace - Stock Market News, Stock Advice & Trading Tips So, what are the best bank stocks to buy right now? To answer that, I screened for U.S. bank picks that have a consensus \x93buy\x94 rating or better from the analysts that cover them. I also looked for stocks that offer a dividend to investors. 7 Large-Cap Stocks to Buy Right Now Story continues I came up 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: 2022-05-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $575,099,490,394 - Hash Rate: 219801139.27751225 - Transaction Count: 288842.0 - Unique Addresses: 700322.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.11 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Amid rising interest rates, these tech stocks pose immense potential. Snowflake ( SNOW ): Strong fundamentals make this stock impressive. ASML Holding ( ASML ): A demand growth for semiconductors might drive this stock forward. MongoDB ( MDB ): A combination of product expansion and strong expansion might be favorable for this stock. A man working on digital tablet and smart city with binary, html computer code on screen. representing tech stocks Source: Shutterstock This past decade has truly been an incredible time for investors in top tech stocks. Indeed, up until this year, technology companies have outperformed. Much of this has to do with a historically low level of interest rates coupled with relatively strong economic growth. The tech-heavy Nasdaq has needed positive for the past 11 years. However, this impressive streak may be coming to an end, with the Nasdaq now having dipped into a bear market. With the bears eating the bulls’ lunch, it can be discouraging to look at tech stocks. Nobody likes to lose money, and the thought of potential permanent loss of capital is something investors ought to avoid at all costs. That said, there are some top tech stocks I think are worth considering in this environment. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Let’s dive into three top options investors may want to look at right now. Ticker Company Price SNOW Snowflake $145.30 ASML ASML Holding $528.58 MDB MongoDB $253.24 Top Tech Stocks to Buy: Snowflake (SNOW) Snowflake symbol and logo at the company corporate headquarters in Silicon Valley. SNOW stock. Source: Sundry Photography / Shutterstock Snowflake (NYSE: SNOW ) is a cloud-based data warehousing company which has really outperformed since its IPO. Still higher than its initial IPO price of $120 per share , Snowflake has been under incredible pressure of late. Currently, SNOW stock is now approaching its IPO price, trading under $160 per share recently. 4 Blue-Chip Stocks to Buy for May 2022 As a high-growth cloud player, Snowflake remains among the top hyper-growth stocks in the market. Over the long-term, I think this company has the ability to grow into its valuation. However, high valuation companies like Snowflake are getting hit the hardest right now, particularly from higher interest rates. Story continues With that said, the company’s previous results have been nothing but solid. Snowflake has been consistently doubling its product revenues in recent years. Further, for the full year 2022, Snowflake has announced it expects growth between 94% and 96% – growth rates that are near-impossible to find in this market. Thus, as valuations come down, hyper-growth stocks such as Snowflake may be worth considering. This is a company I think could be getting to a level where it’s starting to make some serious sense for long-term investors. ASML Holding (ASML) Closeup of mobile phone screen with ASML logo on computer keyboard Source: Ralf Liebhold / Shutterstock ASML Holdings (NASDAQ: ASML ) is another hyper-growth stock that’s been hammered in recent months. That said, compared to other fast-growing peers, ASML stock held up quite well. There’s reason for this. ASML is one of the top semiconductor stocks many investors may not have heard of. That’s because this company doesn’t sell chips. Rather, ASML sells the very expensive machinery required to produce the world’s most advanced and smallest semiconductors. With more regional supply coming into focus for countries regarding chips (considering their economic importance), ASML could be due for excellent long-term growth. In fact, this company has an effective monopoly on lithography and EUV machines. This space is one I think is very intriguing from a long-term perspective. And the fact that ASML has essentially no competitors makes for an even more lucrative investment thesis. The company’s recent results have been impressive, and its forecasts for growth are just as notable. The company predicts sales amounting to $5.52 billion for the second quarter of the current financial year. The company has reiterated guidance for 20% revenue growth, while indicating production capacity may be improving. From a long-term perspective, this is a stock I think every growth investor may want to consider in this beaten-down environment. Top Tech Stocks to Buy: MongoDB (MDB) image of a cloud surrounded by various symbols related to internet connectivity and interaction Source: Shutterstock MongoDB (NASDAQ: MDB ) is one of those few tech stocks that have remained stable amid market volatility in 2021. It delivered a rather impressive quarterly report in early December 2021, beating analyst expectations across the board. This company provides a general-purposed database platform to a global clientele. For enterprise clients looking to run database operations in the cloud or in hybrid environments, MondoDB is an intriguing option. 7 Defensive Dividend Healthcare Stocks to Buy Now Much of this company’s allure comes from MongoDB’s database-as-a-service cloud solution. For those bullish on growth in the cloud, MongoDB is an excellent option to consider. Furthermore, this company’s valuation relative to its peers appears to be attractive. Given the aforementioned valuation compression we’re seeing in the market, this is a good thing for investors. I think MongoDB provides impressive upside in this regard. During the company’s most recent quarter, MongoDB posted revenue growth of 38% , certainly suggesting this company’s growth potential has not been limited by the current environment. Each of these top tech stocks certainly provides upside over the long-term. That said, this near-term environment is unpredictable. Accordingly, investors may want to ease into such positions over time. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t matter if you have $500 in savings or $5 million. Do this now. Get in Now on Tiny $3 ‘Forever Battery’ Stock Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post 3 Top Tech Stocks to Buy Despite Rising Interest Rates appeared first on InvestorPlace .... - 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:** ['• Miami City Mayor Francis Suarez continues to receive a bitcoin (BTC) salary despite the bitcoin reversal to sub-$30,000.\n• Mayor Suarez first announced plans to receive a bitcoin salary in 2021 as part of his election campaign.\n• Since announcing a bitcoin salary, bitcoin has struck an all-time high of $68,979 before tumbling to a 2022 low of $25,836.\nIt has been a particularly bearish 2022, with bitcoin (BTC) registering a record eight consecutive weekly losses and facing the prospects of a ninth. Amidst the negative chatter, Miami Mayor Suarez maintained his stance on cryptos.\nInvestor angst over Fed monetary policy and fears of an economic recession have hit riskier assets. The NASDAQ 100 is down 26.9% year-to-date.\nAs a result of the market stress, bitcoin’s correlation with the NASDAQ strengthened this year, leaving bitcoin down 38% year-to-date. For bitcoin, increased regulatory scrutiny added to the negative sentiment.\nDespite the bearish trend, referenced as the crypto winter, crypto advocates remain resolute.\nThis week, Mayor Francis Suarez spoke at the World Economic Forum in Davos, representing Miami. The crypto advocatereportedlytold an audience that he continues to receive a bitcoin salary.\nThe Miami mayor did say, however,\n“I will note, for the record, that it’s not my only salary.”\nAdding,\n“It’s a different decision to take than if a person was deciding to take their salary in Bitcoin if it was the only source of income for them.”\nSuarez went further to talk about his focus on the utility of cryptos, noting that there is a difference between protecting people from fraud and protecting people from losses.\nOn the issues of losses, Suarez said,\n“Government has had a tendency over time to try to protect people against losses, and you can’t protect people against losses.”\nMayor Suarez firstannouncedthat he would take a bitcoin salary in November 2021. At that time, bitcoin was heading towards a November 10 all-time high of $68,979 before its meteoric collapse. The crypto winter saw bitcoin slide to a May 12 current year low of $25,836.\nWhile Mayor Suarez took a more pragmatic view on cryptocurrencies, others took the opportunity to continue to crypto bash. Central banks and the IMF have taken an anti-crypto stance for some time, and things were no different at Davos.\nThe IMF seized its opportunity to talk down crypto once more, with Managing Director Kristalina Georgievacomparingcryptos to pyramid schemes.\nCentral bankers also took to the anti-crypto stage. ECB President Christine Lagarde didn’t hold back aftercallingcryptos worthless over the weekend. Lagardedescribedcryptos as,\n“speculative assets, the value of which changes enormously over the course of time, and they present themselves as currencies, which they are not.”\nThe Governor of the Bank of France, Francois Villeroy de Galhau, chimed in saying, that they are not reliable currencies or a reliable means of payment. This was a view echoed by Bank of Thailand Governor Sethaput Suthiwartnarueput.\nThisarticlewas originally posted on FX Empire\n• Apple to increase pay for U.S. workers\n• Terra Reboot Offers Underwhelming Airdrop for Holders of Failed Tokens\n• China will give cash subsidies to airlines for two months\n• Australia’s new PM shifts focus to domestic woes after Quad trip\n• Malaysia’s commodities minister to discuss resignation with PM\n• Philippines’ Marcos names new finance chief and central bank governor', 'Key Insights: Miami City Mayor Francis Suarez continues to receive a bitcoin (BTC) salary despite the bitcoin reversal to sub-$30,000. Mayor Suarez first announced plans to receive a bitcoin salary in 2021 as part of his election campaign. Since announcing a bitcoin salary, bitcoin has struck an all-time high of $68,979 before tumbling to a 2022 low of $25,836. It has been a particularly bearish 2022, with bitcoin ( BTC ) registering a record eight consecutive weekly losses and facing the prospects of a ninth. Amidst the negative chatter, Miami Mayor Suarez maintained his stance on cryptos. Investor angst over Fed monetary policy and fears of an economic recession have hit riskier assets. The NASDAQ 100 is down 26.9% year-to-date. As a result of the market stress, bitcoin’s correlation with the NASDAQ strengthened this year, leaving bitcoin down 38% year-to-date. For bitcoin, increased regulatory scrutiny added to the negative sentiment. Despite the bearish trend, referenced as the crypto winter, crypto advocates remain resolute. Miami City Mayor Suarez Continues to Take a Bitcoin Salary This week, Mayor Francis Suarez spoke at the World Economic Forum in Davos, representing Miami. The crypto advocate reportedly told an audience that he continues to receive a bitcoin salary. The Miami mayor did say, however, “I will note, for the record, that it’s not my only salary.” Adding, “It’s a different decision to take than if a person was deciding to take their salary in Bitcoin if it was the only source of income for them.” Suarez went further to talk about his focus on the utility of cryptos, noting that there is a difference between protecting people from fraud and protecting people from losses. On the issues of losses, Suarez said, “Government has had a tendency over time to try to protect people against losses, and you can’t protect people against losses.” Mayor Suarez first announced that he would take a bitcoin salary in November 2021. At that time, bitcoin was heading towards a November 10 all-time high of $68,979 before its meteoric collapse. The crypto winter saw bitcoin slide to a May 12 current year low of $25,836. Story continues While Mayor Suarez took a more pragmatic view on cryptocurrencies, others took the opportunity to continue to crypto bash. Central banks and the IMF have taken an anti-crypto stance for some time, and things were no different at Davos. Central bankers and the IMF Use the Davos Stage to Target Cryptos The IMF seized its opportunity to talk down crypto once more, with Managing Director Kristalina Georgieva comparing cryptos to pyramid schemes. Central bankers also took to the anti-crypto stage. ECB President Christine Lagarde didn’t hold back after calling cryptos worthless over the weekend. Lagarde described cryptos as, “speculative assets, the value of which changes enormously over the course of time, and they present themselves as currencies, which they are not.” The Governor of the Bank of France, Francois Villeroy de Galhau, chimed in saying, that they are not reliable currencies or a reliable means of payment. This was a view echoed by Bank of Thailand Governor Sethaput Suthiwartnarueput. This article was originally posted on FX Empire More From FXEMPIRE: Apple to increase pay for U.S. workers Terra Reboot Offers Underwhelming Airdrop for Holders of Failed Tokens China will give cash subsidies to airlines for two months Australia’s new PM shifts focus to domestic woes after Quad trip Malaysia’s commodities minister to discuss resignation with PM Philippines’ Marcos names new finance chief and central bank governor', '• Miami City Mayor Francis Suarez continues to receive a bitcoin (BTC) salary despite the bitcoin reversal to sub-$30,000.\n• Mayor Suarez first announced plans to receive a bitcoin salary in 2021 as part of his election campaign.\n• Since announcing a bitcoin salary, bitcoin has struck an all-time high of $68,979 before tumbling to a 2022 low of $25,836.\nIt has been a particularly bearish 2022, with bitcoin (BTC) registering a record eight consecutive weekly losses and facing the prospects of a ninth. Amidst the negative chatter, Miami Mayor Suarez maintained his stance on cryptos.\nInvestor angst over Fed monetary policy and fears of an economic recession have hit riskier assets. The NASDAQ 100 is down 26.9% year-to-date.\nAs a result of the market stress, bitcoin’s correlation with the NASDAQ strengthened this year, leaving bitcoin down 38% year-to-date. For bitcoin, increased regulatory scrutiny added to the negative sentiment.\nDespite the bearish trend, referenced as the crypto winter, crypto advocates remain resolute.\nThis week, Mayor Francis Suarez spoke at the World Economic Forum in Davos, representing Miami. The crypto advocatereportedlytold an audience that he continues to receive a bitcoin salary.\nThe Miami mayor did say, however,\n“I will note, for the record, that it’s not my only salary.”\nAdding,\n“It’s a different decision to take than if a person was deciding to take their salary in Bitcoin if it was the only source of income for them.”\nSuarez went further to talk about his focus on the utility of cryptos, noting that there is a difference between protecting people from fraud and protecting people from losses.\nOn the issues of losses, Suarez said,\n“Government has had a tendency over time to try to protect people against losses, and you can’t protect people against losses.”\nMayor Suarez firstannouncedthat he would take a bitcoin salary in November 2021. At that time, bitcoin was heading towards a November 10 all-time high of $68,979 before its meteoric collapse. The crypto winter saw bitcoin slide to a May 12 current year low of $25,836.\nWhile Mayor Suarez took a more pragmatic view on cryptocurrencies, others took the opportunity to continue to crypto bash. Central banks and the IMF have taken an anti-crypto stance for some time, and things were no different at Davos.\nThe IMF seized its opportunity to talk down crypto once more, with Managing Director Kristalina Georgievacomparingcryptos to pyramid schemes.\nCentral bankers also took to the anti-crypto stage. ECB President Christine Lagarde didn’t hold back aftercallingcryptos worthless over the weekend. Lagardedescribedcryptos as,\n“speculative assets, the value of which changes enormously over the course of time, and they present themselves as currencies, which they are not.”\nThe Governor of the Bank of France, Francois Villeroy de Galhau, chimed in saying, that they are no **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: 2022-05-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $562,448,116,899 - Hash Rate: 209555369.8571809 - Transaction Count: 262367.0 - Unique Addresses: 653373.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning, and welcome to First Mover.I’m Brad Keoun, here to take you through the latest in crypto markets, news and insights. (Lyllah Ledesma is off this week.) • Price point:Bitcoin slid back below $30,000, in sync with U.S. stock futures after the giant retailer Target's latest earnings report provided a fresh glimpse of consumers adjusting spending habits because of inflation. • Market Moves:A day after the U.S. Federal Reserve chairman pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact – from higher mortgage rates to lower company earnings, Shaurya Malwa reports. • Feature: It's been a couple months since the $625 million Ronin Network exploit. Blockchain data shows the cryptocurrency haul moving onto Tornado, an on-chain privacy exchange that ostensibly would help to obscure the provenance. Bitcoindipped to under $30,000 in European trading hours on Wednesday amid a retreat across traditional markets, as traders and analysts assessed the potential economic ramifications of U.S. Federal Reserve Chairman Jerome Powell's pledge Tuesday to keep tightening pressure on financial conditions until inflation shows signs of weakening. Bitcoin's slide over the past few days is setting it up to extend aseven-week losing streak, which is the longest ever in a trading history that dates back to the early 2010s. The cryptocurrency has suffered from a downturn in broader markets,stricter crypto regulations,waning retail interestand systemic risks in the crypto sector. Major cryptocurrencies followed bitcoin’s slide in the past 24 hours. Polkadot’sDOTlost as much as 6%, while avalanche (AVAX), bnb tokens (BNB),XRPandetherwere all down. Tron (TRX) was among the few in the green buoyed by positive sentiment around its ecosystemstablecoin USDD. In traditional markets, U.S. stocks were poised for declines on Wednesday based on the direction of futures trading, with weakness appearing as a disappointing earnings report from Target sent the giant retailer's shares plunging more than 22%. Inflation is forcing consumers to spend more on food and less on discretionary items, MarketWatchreported. By Shaurya Malwa With bitcoin now regularly trading in sync with U.S. stocks, what happens in traditional markets and the bricks-and-mortar economy bleeds over to crypto. Higher interest rates tend to hit the earnings of companies that borrow money to run their businesses. With rates on consumer loans such as mortgages also on the rise, households are left with lower disposable incomes, which in turn causes a ripple effect in the broader economy. Although such scenarios could take months to play out, stock traders are already pricing in anticipated lower earnings, which lead to a drop in equity valuations. On Wednesday, S&P 500 futures dropped 0.4% while technology-heavy Nasdaq futures fell 0.6%. European markets showed nominal movement as Germany’s DAX rose less than 0.1% and the Stoxx 600 slid 0.1%. Such market moves come after the Fed's Powell said Tuesday that the central bank remains committed to reducing inflation and could use “aggressive” measures to ensure a strong economy. "What we need to see is inflation coming down in a clear and convincing way and we're going to keep pushing until we see that," Powellsaidat a Wall Street Journal event. "Achieving price stability, restoring price stability, is an unconditional need. Something we have to do because really the economy doesn't work for workers or for businesses or for anybody without price stability.” Bitcoin has traded similarly to a risky technology stock in the past months, with correlations reaching almost 1:1 with the S&P 500. Some market observers suggest a further correction could take place ifcurrent market conditions continue. “Markets have been expecting the hikes for some time now, and it looks like the expectations are already on the charts,” Anton Gulin, regional director at crypto exchange AAX, said in a Telegram message. “The movement of bitcoin and Nasdaq is rather correlated as well for a couple of months." Read More:Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks • Do Kwon Pushes On-Chain Proposal Live Even as 92% Vote 'No' in Online PollThe plan to put Terra back on track after last week’s implosion was made live this morning, but online poll results suggest the community is against the move. • Swiss ETP Issuer 21Shares Dives Into US Market With 2 Crypto Index FundsThe new funds are its first crypto products for U.S. customers and will be available only to accredited investors. • Will a Proof-of-Stake Ethereum Lead to More Centralization?Lido’s staking protocol now holds 33% of all staked ether. • Argo Blockchain Q1 Net Income Plunges 90% to $2.1MBitcoin was priced in the $40,000 range for much of the first quarter, compared with nearly $60,000 in the same period a year earlier. • USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are ChangingA Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000. By Shaurya Malwa Addresses connected to Ronin Bridge’s $625 million exploit show upward of $10 million worth of ether was on the move during Asian morning hours on Wednesday, according to blockchain data. One addresswas funded by theRonin exploiterWednesday morning for 5,505 ethers, with the funds coming in from another wallet that was directly funded by the main exploiter address, blockchain data shows. Starting in the wee hours on Wednesday, the address sent ether in batches of 100 to Tornado, an on-chain privacy exchange. More than 55 transactions were made, thedata shows. Tornado enhances the privacy of transactions by breaking the on-chain link between a source and a destination address. That allows exploiters and hackers to mask their addresses while withdrawing illicitly gained funds. Read More:Nearly 5,505 Ether, or $10M of the $625M Ronin Exploit, Are on the Move Today’s newsletter was edited by Brad Keoun and produced by Parikshit Mishra and Stephen Alpher.... - Reddit Posts (Sample): [['u/DragonfruitDefiant33', 'Found some old hard drives from a deceased friend who was into bitcoin.', 69, '2022-05-26 00:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/', 'How to scan them for btc?', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/', 'uxsrx7', [['u/bitusher', 65, '2022-05-26 00:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/i9zvw0z/', 'Do these 2 searches in the whole drive :\n\n1) wallet.dat\n\nor \n\n2) "*.dat" for a wildcard search for a possible renamed backup of Bitcoin QT/Core', 'uxsrx7'], ['u/Mallardshead', 39, '2022-05-26 00:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/i9zw1fc/', 'And I imagine this BTC of his you find will go to his family where it belongs?', 'uxsrx7'], ['u/DragonfruitDefiant33', 29, '2022-05-26 02:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia09i66/', "You're the goat!", 'uxsrx7'], ['u/Redline65', 59, '2022-05-26 03:56', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia0jdr5/', 'Sure, minus a finders fee, data recovery fee, transfer fee, and exchange fee. 😗', 'uxsrx7'], ['u/Cultural_Bit9176', 70, '2022-05-26 04:05', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia0kjth/', 'Nice, stolen hard drives, and we all help, lol.', 'uxsrx7'], ['u/tek3k', 32, '2022-05-26 04:51', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia0qeo0/', "Don't forget storage fee, delivery fee and security fee.", 'uxsrx7'], ['u/intransit47', 17, '2022-05-26 05:27', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia0unt7/', "Wouldn't they belong to his heirs/family? As in, not yours?", 'uxsrx7'], ['u/egogceo', 31, '2022-05-26 05:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia0vqik/', 'Hey if there’s 100 BTC, I’m sure the family will be fine with 80-90', 'uxsrx7'], ['u/sudomatrix', 15, '2022-05-26 06:04', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia0yhpv/', '\\*.dat is going to have thousands of false positives', 'uxsrx7'], ['u/bitusher', 26, '2022-05-26 06:30', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia111kd/', 'which why its the second choice', 'uxsrx7'], ['u/ired25', 37, '2022-05-26 08:06', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia19613/', "And as always, you'll probably get slammed with PMs from scammers. Don't talk to them, report them.", 'uxsrx7'], ['u/FinibusBonorum', 11, '2022-05-26 10:05', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia1hp18/', 'Service fee, electricity fee, handling fee,...', 'uxsrx7'], ['u/TouchingWood', 12, '2022-05-26 10:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia1i79w/', 'His starving grandmother who is about to lose her home thanks us all.', 'uxsrx7'], ['u/One_Tie900', 10, '2022-05-26 17:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/uxsrx7/found_some_old_hard_drives_from_a_deceased_friend/ia2ush4/', 'Do not trust any dms either lol or click any links', 'uxsrx7']]], ['u/rohilaltro', 'This is the reason why POW is better than POS', 134, '2022-05-26 00:56', 'https://www.reddit.com/r/Bitcoin/comments/uxtgim/this_is_the_reason_why_pow_is_better_than_pos/', 'I have seen people debate about it a lot. I got to learn recently why POW is better than POS and this Twitter thread explains it so well. \n\nhttps://twitter.com/namcios/status/1529527133898432513?t=NVn0lXlRXpbh2IAqvuydcg&s=19\n\nEdit: wanted to add this to the criticism that miner control everything about BTC:\nNo no and big no. \n\nI don\'t know why this lie got out like this. \n\nNode is the basically the backbone of the rules through which bitcoin is running. \n\nIt is so much misunderstood that Bitcoin is running because of miners but no, it is running because of nodes that support the protocol and safeguards it\'s governance and rules.\n\nIf there are very less miners in the world and we keep the nodes exactly the same. Bitcoin will still run exactly the same just the network difficulty will decrease for that small group of miner getting the btc rewards and fees. \n\nBut this can\'t be said vice versa. Example BCH and BSV, they all died because they require heavy nodes. \n\nRead about blocksize wars and you will get it.\n\nEdit 2: Another criticism:\nIf I control 51% hashrate, I can create a fraudulent block and become rich (obviously paraphrasing from comments)\n\nIf you control 51% of the hashrate and put any transactions ( may be made up or fraudulent) other than mempool transactions in each and every node out there. When you will broadcast that block as mined, all the nodes will reject that block and won\'t add it to the chain of events aka blockchain. \n\nOnly your nodes will accept it and you branch off the main chain and there goes your 51% hashrate. Enjoy a branched off blockchain version which no other nodes identify as the real truth aka bitcoin.\n\nEdit 3: adding a comment that resonated with me a lot from the thread below:\n"Absolutely. And it’s pretty ingenious in hindsight. Not sure if it’s all planned according to Satoshi’s infinite wisdom or if a bit of luck was involved. \n\nSurely the bitcoiner at the time didn’t understand it well, not until the history panned out.\n\nOur tiny little $100 raspberry pi turn out to be the masters of everything, and all the super high powered X kW set up turns out to be just our security guards. \n\nThe people hold the power and the “powers” bow down to the people. It’s just beautiful. But also frustrating that people don’t understand the implications of it. It’s so often misunderstood, you’re right everyone should read The Blocksize War."- u/savinelli_smoker\n\nEdit 4:\nJust saw this video. Very good addition to this post. \n\nhttps://youtu.be/nXfAMzu7eZk\n\nEdit 5:\nAnother shinning comment on this post, can\'t help but add it here.\n\n"The hash rate is the security. Just like any other security measures it takes energy. It is also the only link between a string of numbers and the “real world”, without which the number is just an “out of thin air” number, no different from the fiats that the whole world is printing by the trillions. PoW is the real innovation. Whereas PoS is just the current system we have. \n\nYou may want to look up how much energy is wasted every year around the world (or even just the US alone), how much stranded energy that cannot be transmitted anywhere. Just a fraction of that wasted energy is enough to run the entire bitcoin network. By its nature, Bitcoin is uniquely capable of making use of this stranded energy, because 1) they are the cheapest so the miners have the incentive to seek them out; 2) bitcoin miner can go to the energy, no matter how remote, while the energy cannot be transmitted to human population. 3) much of the cheapest energy are the hydro electric type, it’s just a waterfall or some river stream that the miners can take advantage of. No carbon footprint.\n\nWithout those miners, the whole world will just watch this energy flared away or go wasted. Bitcoin right now, today, is helping energy companies to build renewable energy sources by subsidising solar and wind in locations where it was uneconomical to build previously. Bitcoin also helps strengthen the electric grid by allowing energy companies to “build for the peak”. How it works is the companies, with bitcoin mining as subsidy, can build more capacity to accommodate the unexpected peaks of consumptions (heat wave or cold storm), bitcoin miners can be switched off completely within seconds to give the extra capacity to the city when needed. And during normal times it can generate an income without which this a extra capacity will not be built. And without this extra capacity the city would simple experience blackouts. \n\nThe headline of bitcoin consuming energy equivalent to a small country is concerning, of course. And it certainly gets a lot of attention. But everything is in perspective, if we look at it from another angle, the total bitcoin energy consumption is less than the energy we use on dryers, or video gaming. \n\nUltimately I think a lot of it comes to whether you think it’s “worth it”, to you perhaps it’d be a waste if even one kW is used on it, but worth is subjective. If you asked me I’d not hesitate to say say video gaming is so much more of a waste in comparison. But who are we to judge? If we believe in the free markets then whether something is worth the price is indicated by whether someone is willing to pay for it. To the gamers around the world the electricity bill is well worth the entertainment value, and pay for the electricity. In that case there is no need to argue further on subjective “worth”. The action speaks for itself. \n\nThis is a rather deep topic and many people have spent years learning and studying it, there is a lot of info online, Nic Carter is an expert on this topic please feel free to look him up if you are interested. It really isn’t what it appears to be, only if you dig a bit deeper. \n\n[sorry for the long post]" u/savinelli_smoker', 'https://www.reddit.com/r/Bitcoin/comments/uxtgim/this_is_the_reason_why_pow_is_better_than_pos/', 'uxtgim', [['u/llewsor', 15, '2022-05-26 01:06', 'https://www.reddit.com/r/Bitcoin/comment... Based 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:** ['Don\'t miss CoinDesk\'s Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: Bitcoin falls slightly, altcoins fare worse even as stocks rise. Insights: Crypto carbon trading firms are looking to address problems that have plagued them. Technician\'s take: BTC remains in a choppy trading range with limited upside. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover , our daily newsletter putting the latest moves in crypto markets in context. Prices Bitcoin ( BTC ): $29,134 -1.6% Ether ( ETH ): $1,784 -8.4% Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Cosmos ATOM −10.1% Smart Contract Platform Solana SOL −9.1% Smart Contract Platform Ethereum ETH −7.5% Smart Contract Platform Bitcoin falls slightly, altcoins fare worse even as stocks rise Most major cryptocurrencies tumbled even as stock prices rose in Thursday trading. Bitcoin was recently trading at about $29,100, roughly flat over the previous 24 hours after the largest cryptocurrency by market capitalization dropped well below $29,000 earlier in the day. Ether was off more than 8% over the same period and changing hands below $1,800. The second-largest crypto by market cap has hovered above $1,900 for much of the past three weeks. Other altcoins spent most of their Thursday day solidly in the red with SOL, CRO and APE each off at least 11% at certain points as investors continued their recent preference for BTC, considered the least risky of digital assets, amid ongoing concerns about high inflation and an economic downturn. Bitcoin\'s market cap has recently spiked relative to other cryptocurrencies. "It\'s not surprise to me that people are pulling back from crypto," JJ Kinahan, vice president and chief market strategist for trading platform Tastytrade, told CoinDesk TV\'s "First Mover" program. "Bitcoin, probably the one [cryptocurrency] being the most established name among retail investors is the one that people trust to hold up." Story continues The Dow Jones Industrial Average of blue chip stocks has had at least some reason to crow lately, rising for a fifth consecutive day. Other indexs also soared as three major retail chains, Macy\'s (M), Dollar General (DG) and Dollar Tree (DLTR), reported favorable earnings, suggesting at least temporarily that consumers weren\'t done shopping. Retail sales helped fuel the U.S. economic rebound that began slowing in recent months. The tech-focused Nasdaq increased a strong 2.6% with Tesla (TSLA) and Amazon (AMZN) among the winners, and the S&P 500, climbed nearly 2% just two days after hitting bear market territory, a designation reached when an equities index plunges 20% from its most recent high. Still, other recent news offered stark reminders of the global economy\'s shaky balance. In China, President Xi Jinping said the country\'s economy was doing worse in some ways than during the earlier stages of the COVID-19 pandemic. A government lockdown has slowed China\'s growth and boosted unemployment rates. Investment giant Sequoia Capital offered a downbeat assessment of economic conditions and encouraged the early-stage companies it has financed to focus on cutting costs and increasing profitability. Crypto investors are likely to remain spooked by economic conditions and geopolitical turmoil, a number of analysts said. The Fear and Greed index rose slightly by early Thursday and remains in "extreme fear" territory, while the total market capitalization of the crypto market has declined. "That the S&P is trying to break 4,000 while bitcoin\'s trying to break $30,000 are both very important points, very correlated as to the confidence in the market and in bitcoin and assets overall," Tastytrade\'s Kinahan said. Markets S&P 500: 4,057 +1.9% DJIA: 32,637 +1.6% Nasdaq: 11,740 +2.6% Gold: $1,850 -0.1% Insights Crypto carbon credit protocols look to improve Like all things crypto, blockchain-based carbon credit protocols have had a tough go of it during the last quarter. They have been subject to the same market pressure as the rest of the industry, which is struggling to regain its footing since the Terra collapse . But the sector’s challenges are not just to do with market dynamics. It’s also facing an internal reckoning after questions emerged about the quality of the credits being traded inside the base carbon tokens (BCT) issued on the Toucan protocol, which led Verra, a hybrid standards agency and registry responsible for carbon credits, to take a hard look at the practice. In April, researchers at Carbon Plan, a California-based climate data non-profit, published a paper titled “ Zombies on the Blockchain ,” which outlined how approximately 28% of the Verified Carbon Units (VCU) traded in BCTs on the Toucan Protocol and via carbon trading KlimaDao were from “zombie projects.” “Toucan appears to be generating entirely new demand for long-neglected credits that have experienced little or no demand in recent years,” the researchers wrote. “When the crypto market places higher value on BCTs and KLIMA tokens, these products can bring formerly defunct offset projects back to life.” CarbonPlan highlights in its post that carbon credits under Article 6 of the Paris Agreement prohibit the trading of credits from carbon offset projects registered before Jan. 1, 2013. Yet, these older projects are being actively traded on the Toucan protocol and were still being tokenized as late as November 2021. “Rather than eliminate supply from the voluntary market, however, zombie projects show that BCTs are bringing new supplies into existence – not in the form of new projects, but of old credits that weren’t previously able to find any buyers,” CarbonPlan’s researchers wrote. “Thanks to demand from blockchain buyers, however, these low-quality credits found new life.” Aside from the issue of “zombie projects,” the other problem with these projects is structural. The industry has been commodifying what’s called “retired” credits. When firms want to offset their emissions, they use this process to purchase credits and retire them from the market. In turn, they get a receipt that makes the basis of their published carbon offset and BCT tokens. In an interview with S&P Global , Robin Vix, Verra’s chief legal, policy and markets officer, called this entire process “mind frying” as the company plans to disconnect the Toucan protocol from buying retired credits. "Verra will, effective immediately, prohibit the practice of creating instruments or tokens based on retired credits on the basis that the act of retirement is widely understood to refer to the consumption of the credit\'s environmental benefit," Verra\'s statement said. Vix said to S&P Global that Verra will start scrutinizing stakeholders\' requests for retired carbon credits and block anything it suspects of being associated with tokenization. “Carbon credits themselves are abstract intangible things based on counterfactuals of things that you can\'t actually see – emissions. And then crypto is another layer of abstraction on top of that,” Vix said. But all this isn’t to say that Verra is entirely opposed to the tokenization and trading of carbon credits or that Toucan is not cognizant of the structural flaws of the arrangement. Verra said that it is exploring ways to "immobilize" current – not retired – carbon credits so they can be bridged over to Toucan or other exchanges to trade. "The initial thinking is that the best way of doing this is if these tokens somehow tie back to live, unretired credits so that the environmental benefit hasn\'t yet been used," Rix said to S&P Global. "In other words, if you\'re acquiring tokens or coins, you always know that the underlying [offset] is there." In an interview with CoinDesk, Rob Schmitt, one of Toucan’s core developers, emphasized that this isn’t about Verra blocking tokenization; rather, Verra just wants to make the process better. Schmitt said that bridging and trading retired carbon credits weren’t ideal but just a first step. Once Verra introduces the ability to immobilize credits it would mean that credits could be sent bi-directionally from Toucan back off-chain, creating price parity. “This will be very positive for the on-chain markets,” he said. “ Schmitt is also aware of Carbon Plan’s paper on zombies. He points to a post from Toucan called "Raising Standards in the On-Chain Carbon Market" that outlines the protocol’s filtering plan to only offer credits less than 10 years old. “The obsession over age isn’t necessarily what’s correct here … if you took a climate action one year, it’s the same action the next. It’s not going to be different,” he said. “The issue with these credits is it\'s questionable whether these projects needed the funding from carbon credits to get going. “But it’s an issue we inherited from Vera.” Technician\'s take Bitcoin Pares Earlier Losses; Resistance at $33K Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView) Bitcoin ( BTC ) recovered from a low of around $28,000 earlier in the New York trading day. The cryptocurrency remains in a tight trading range, anchored at the $30,000 price level over the past two weeks. BTC was roughly flat over the past 24 hours, and down by 2% over the past week. The relative strength index ( RSI ) on the daily chart is rising from oversold levels, although it remains below the 50 neutral mark. A reading above 50 could indicate a brief recovery phase. For now, there is strong resistance on the chart, initially at $33,000 and then at $35,000, which could stall an upswing in price. Momentum will need to improve on the weekly and monthly charts in order to sustain a price rise. Most indicators are neutral over the short term and bearish over the long ter **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: 2022-05-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $540,933,916,538 - Hash Rate: 205096744.96660265 - Transaction Count: 270453.0 - Unique Addresses: 688580.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK (AP) — It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value. Here's a look at some major developments in cryptocurrencies this week: BITCOIN The price of bitcoin dropped to around $25,420 this week, its lowest level since December 2020, according to CoinDesk. It steadied around $30,000 Friday, but that's still less than half the price bitcoin fetched last November. Some bitcoin proponents have said the digital currency could protect its holders against inflation and act as a hedge against a decline in the stock market. Lately, it's done neither. Inflation at the consumer level rose 8.3% in April compared to a year ago, a level last seen in the early '80's. With the Federal Reserve aggressively raising interest rates to try to tamp down inflation, investors are dumping risky assets, including stocks and crypto. The S&P 500 is down more than 15% this year. Bitcoin has dropped about 37% year to date. Other cryptos have fared just as poorly. Ethereum has dropped 44% and dogecoin, a cryptocurrency favored by Tesla CEO Elon Musk, has lost about half its value. STABLECOIN COLLAPSE Stablecoins have been viewed as a safe harbor among cryptocurrencies. That’s because the value of many stablecoins is pegged to a government-backed currency, such as the U.S. dollar, or precious metals such as gold. But this week one of the more widely used stablecoins, Terra, experienced the cryptocurrency equivalent of a run on the bank. Terra is a stablecoin in a cryptocurrency ecosystem known as Terra Luna. Terra is an algorithmic stablecoin, which means its supply is adjusted through complicated buying and selling to keep its peg to $1. Terra was also fueled by an incentive program that gave its holders high yields on their Terra. Luna was the coin meant to be used in the ecosystem to buy and sell assets, and at its peak it was worth more than $100. Even though the developers of Terra said its algorithms would backstop the stablecoin, they decided to further backstop it with holdings of bitcoin. Terra’s problems started from a combination of withdrawals of hundreds of millions, perhaps billions, of dollars from Anchor, a platform that supported the stablecoin. Combined with worries overall about cryptocurrencies, and the drop in bitcoin’s price, Terra started to lose its peg to the dollar. The bitcoin that Terra held was also worth less than they paid for it, and selling those bitcoin into the market caused bitcoin prices to fall even further. Story continues Efforts by Terra's developers to shore up liquidity failed. On Friday, Terra had fallen to 12 cents and Luna was trading at a value of less than one ten thousandth of one cent. COINBASE Coinbase lost about a third of its value this week, during which the cryptocurrency trading platform reported that active monthly users fell by 19% in the first quarter amid the decline in crypto values. Investors had been running for the exits even before Coinbase reported a $430 million quarterly loss. Shares closed Friday at $67.87. On the day of its initial public offering just 13 months ago, shares reached $429 each. In a letter to shareholders, Coinbase said it believed that current market conditions were not permanent and it remained focused on the long-term while prioritizing product development. While most Wall Street analysts expect Coinbase to weather the storm, they're also warning that increased regulation of cryptocurrencies could hamper the company's growth. REGULATORS There has been a lot of talk about regulating cryptocurrencies, but little in the way of action. Treasury Secretary Janet Yellen, responding to the volatility in the crypto markets this week, said Thursday that the U.S. needs a regulatory framework to guard against the risks surrounding cryptocurrencies and stablecoins. In March, Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers. This Monday, right before the implosion of Terra, the Fed said in its semiannual report on financial stability that stablecoins are vulnerable to “runs” that could harm owners of the coins. Securities and Exchange Commission Chairman Gary Gensler has said that the crypto industry is “rife with fraud, scams and abuse” and that his agency needs more authority from Congress — and more funding — to regulate the market. Britain has unveiled plans to regulate stablecoins as part of a broader plan to become a global hub for digital payments. European Union lawmakers have agreed on draft rules for cryptoassets, but still have to negotiate a final bill. __ AP Economics Writer Christopher Rugaber and AP Technology Write Michael Liedtke contributed. View comments... - Reddit Posts (Sample): [['u/drexelldrexell', 'Why is LiteCoin not more popular?', 84, '2022-05-27 00:00', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/', "I mean honestly, when we look at the price of LTC and the transaction fees it doesn't make sense that bitcoin has taken off to the extent it has while LTC seems to get ignored by a lot of newbies. I don't want a rush of people coming in and creating wild spikes on the charts but it's use as a currency is so much more realistic when it comes to paying and accepting transactions.", 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/', 'uyiota', [['u/Floby-Tenderson', 31, '2022-05-27 00:05', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4cmeu/', 'I have accepted litecoin from multiple customers for my services. I give a bigger discount for crypto than I do cash and have gotten several people down the rabbit hole because of that.', 'uyiota'], ['u/winele', 59, '2022-05-27 00:09', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4d38s/', "Because 90% of the people buying and selling do so because of hype and potential profit. Fundamentals play a very small part of the story and the vast majority of small holders don't even know what they are buying or care as long as the price goes up.", 'uyiota'], ['u/lepetitmousse', 15, '2022-05-27 00:11', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4der1/', "I think litecoin's price is actually indicative of how much bitcoin's price is propped up by speculation. If the price of bitcoin was entirely based on it's utility it would probably be more proportional to litecoin.", 'uyiota'], ['u/shtoshi', 20, '2022-05-27 00:24', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4f3ql/', "I'd argue Bitcoin Monero and Litecoin are in the same Boating Accident", 'uyiota'], ['u/shtoshi', 27, '2022-05-27 00:24', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4f5o6/', 'Lmao auto correct boat to Boating Accident', 'uyiota'], ['u/digiorno', 25, '2022-05-27 01:24', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4mt76/', 'Truth be told I’ve used LTC for far more transactions than BTC or any other crypto. It’s easy and affordable to use.', 'uyiota'], ['u/winele', 19, '2022-05-27 02:12', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4snxb/', 'Yes, I love LTC and actively use it. It works as it is meant to and is a great form of money. The dollar value is currently just a measure of hype as the crypto market matures.\n\nI pay little attention to the price these days but the vast amount of people in this space only care about that aspect.', 'uyiota'], ['u/losh11', 12, '2022-05-27 02:51', 'https://www.reddit.com/r/litecoin/comments/uyiota/why_is_litecoin_not_more_popular/ia4xeuw/', "I think a one part of it might be the community/mods/foundation fault. We've all tried to try not to mislead by hyping up things, which many other coins do - they themselves are vaporware. And the hype is what appeals people who take stupidly high risk decisions.\n\nIf you've ever seen a question about: 'how much Litecoin should I buy', it's always pretty good stuff like don't invest any more than you can lose. In other communities social media, people openly boast about them remortaging their houses to fund their gambling addiction.", 'uyiota']]], ['u/davidblacksheep', 'This bubble cycle seems a bit different.', 16, '2022-05-27 00:58', 'https://www.reddit.com/r/Buttcoin/comments/uyjw9i/this_bubble_cycle_seems_a_bit_different/', "In previous bitcoin bubbles, it followed a pretty classic bubble pattern.\n\n1. A slow, steady sleepy run up.\n2. Period of vertical trajectory, 'how high will it go'\n3. Bubble bursts.\n4. Maybe a dead cat bounce\n5. Goes horizontal for several months/couple years, at a higher price than its run up value, before going to step 1 again.\n\n​\n\nBut if you look at the all time chart for bitcoin prices now, while it looks like there's a run up and then dead cat bounce with a similar peak, this 'vertical peak' stage is 1.5 years long now.\n\nThoughts?\n\nI'm not sure what my point here is, maybe the days of the sleepy run up are gone, and it's either vertical craziness, or just horizontal? ", 'https://www.reddit.com/r/Buttcoin/comments/uyjw9i/this_bubble_cycle_seems_a_bit_different/', 'uyjw9i', [['u/ysengrimus', 20, '2022-05-27 01:11', 'https://www.reddit.com/r/Buttcoin/comments/uyjw9i/this_bubble_cycle_seems_a_bit_different/ia4l4ee/', 'Tether is more developed and has been able to sustain the peak longer this time around.', 'uyjw9i'], ['u/ziggedinator1', 11, '2022-05-27 01:49', 'https://www.reddit.com/r/Buttcoin/comments/uyjw9i/this_bubble_cycle_seems_a_bit_different/ia4pux5/', 'This whole "vertical peak" that you are talking about, is an actual,very obvious, ongoing distribution. Retail has bought up so many BTC at 30k+ , while big money is getting rid of their bags. In the runs BTC had so far, we always saw a total irrational blowofftop, which was not that hard to break in the next bullrun (20k was barely any resistance for example.), but this 30-60k Area is a huge bearish ceiling, which will be hard to break imo', 'uyjw9i'], ['u/PensAndCoffee', 13, '2022-05-27 03:05', 'https://www.reddit.com/r/Buttcoin/comments/uyjw9i/this_bubble_cycle_seems_a_bit_different/ia4z7gl/', "There's good reason to think that socially this time is different. With the super widespread crypto ads during the superbowl and everything... there's no new suckers to sell to this time.", 'uyjw9i'], ['u/GunterWatanabe', 26, '2022-05-27 05:41', 'https://www.reddit.com/r/Buttcoin/comments/uyjw9i/this_bubble_cycle_seems_a_bit_different/ia5hzxv/', 'It’s at saturation. In 2013, my IT friends were talking bitcoin, it got some reddit traction. In 2017 my finance friends were talking about it, it got some financial press headlines. 2021, everyone was talking about it, SNL and the Super Bowl. There are no large groups left to suddenly “discover” bitcoin and provide exit liquidity. \n\nWe’re going to be in a steady state until some large whale decides they need to exit. And that could be:\n\n- Mt Gox settlement\n\n- Miners have to sell their stored bitcoin\n\n- Price goes low enough to trigger an MSTR margin call\n\nSo it all looks solid now, but so does lake ice in the spring.', 'uyjw9i']]], ['u/Ok_Aerie3546', 'Does store of value need utility?', 13, '2022-05-27 02:02', 'https://www.reddit.com/r/btc/comments/uyl6qv/does_store_of_value_need_utility/', 'I had fun last time I posted a bitcoin maxi ama. The people here actually gave good points, were understanding and just a good experience overall.\n\nSo I want to discuss the title with you guys today. Other communities are very closed minded or just end up making snide remarks.\n\nIll set up the discussion as I understand it, feel free to give me your points.\n\nLets pick a few non sovereign store of values that have held their value for long periods of time (so not counting bubbles like beanie babies, tulips and nfts).\n\nGold, silver, diamonds, pearls, corals, rolexes, vintage cars, memorabilia, pokemon cards.\n\nNow out of these only gold and silver became money and the rest just became store of values and some even stopped being that.\n\nIll give examples\n\n- Silver, during industrial revolution had shot up in demand. A lot of applications needed silver. Much more than gold. This caused industries to invest heavily in silver mining and considerably reduced the scarcity of silver. Since then silver has been devaluing against gold.\n\n- Diamonds and pearls lost their scarcity when humans figured out how to manufacture/ culture them. The diamond industry formed a cartel to maintain scarcity of real and artificial diamonds. This let diamonds to stay expensive and the cartel to profit. Pearls have been falling in demand and price this whole time.\n\n- rolexes, vintage cards, art and pokemon cards are the most "security like". They need to be verified by a third party and are neither accessible nor do they have a liquid market. But still they go up in price just for their scarcity.\n\nGold has continued to be the sov of choice due to its global supply, fungibility, liquidity, etc.\n\nNow as I see it there are two types of buyers in these markets:\n\n- Industrial buyers: These people buy gold to use it in their products. The gold in these products rarely ever comes back on the market. This includes electronics, lab equipment, chemical industries, decorative things like gold foil.\n\n- Exchanges: These are the people who buy gold only to sell to other people. They can make the gold into jewelry, coins, bars only to sell them at different premiums. They also buy peoples jewelry, coins and bars at different discounts from people. These are the coinbases of the gold world.\n\nNow out of all the gold that exists in the world,\n\n- 10 percent gold is in all our devices. Inside these devices the gold is worth more than regular gold. Example: even if an iphone has gold in it, you are better off selling the iphone than extracting the gold to sell.\n\n- 90 percent. This is what I call the hoarders. They buy gold in various forms and then hoarde it for life. They hold this to either display their wealth or to protect themselves from a doomsday scenario. We also have central banks in this group as they only use it for settlements and nothing productive. The regular population are purely hoarders and never sell this gold for more than what its worth in gold.\n\nThe industrial buyers are essentially short gold, as if they are able to source gold cheap, it would increase their profit margins. Example: an iphones price doesnt change because gold got cheaper, so just the profit margins improve.\n\nThe other buyers and hoarders ... Based 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:** ['LAUSANNE, SWITZERLAND / ACCESSWIRE / May 27, 2022 / Swiss-based FinTech platform YouHodler has just announced that it will support Solana (SOL) on its platform. The cryptocurrency has been listed on YouHodler and will be available for lending, saving, trading, and exchanging. For YouHodler\'s savings accounts, clients can earn 7% APR with compounding interest on SOL. YouHodler, Friday, May 27, 2022, Press release picture YouHodler Head of Partnerships Vaida Saltenyte said, "This is an inspiring listing. Solana is one of our favorite projects out there, and its mission is in line with YouHodler\'s goal to provide a more efficient and flexible method to use cryptocurrency. Solana is a highly functional blockchain and we are happy our clients can discover new ways to HODL, trade, and multiply SOL on our platform." Solana is a blockchain platform with a cryptocurrency by the same name. Solana soared exponentially by 12,000% in 2021. It is currently the 6th largest cryptocurrency in the world with a market capitalization of USD 21.4 billion. Solana is designed to host decentralized, scalable applications and is said to rival Ethereum due to its fast transaction speed and lower fees. The blockchain uses a proof-of-stake (PoS) model and incorporates new proof-of-history (PoH) technology. YouHodler clients can buy SOL, trade, earn interest on SOL, multiply SOL and get Solana-backed loans starting today. About YouHodler YouHodler is a cryptocurrency exchange and platform that hosts popular coins such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more. It acts as a wallet to help hold cryptocurrency coins while unlocking benefits for its users. Solana holders will now be able to leverage their coins to borrow fiat money. The fiat currencies supported include the US dollar (USD), Euro (EUR), Swiss Franc (CHF), and British Pounds (GBP). Find out more about the available services on YouHodler . Contact Details Vaida Saltenyte, Head of Partnerships [email protected] News via Newscall | Telegram Story continues SOURCE: YouHodler View source version on accesswire.com: https://www.accesswire.com/703177/Solana-SOL-Ethereum-Killer-Joins-FinTech-Platform-YouHodler', 'LAUSANNE, SWITZERLAND / ACCESSWIRE / May 27, 2022 /Swiss-based FinTech platform YouHodler has justannouncedthat it will support Solana (SOL) on its platform. The cryptocurrency has been listed on YouHodler and will be available for lending, saving, trading, and exchanging. For YouHodler\'s savings accounts, clients can earn 7% APR with compounding interest on SOL.\nYouHodler Head of Partnerships Vaida Saltenyte said, "This is an inspiring listing. Solana is one of our favorite projects out there, and its mission is in line with YouHodler\'s goal to provide a more efficient and flexible method to use cryptocurrency. Solana is a highly functional blockchain and we are happy our clients can discover new ways to HODL, trade, and multiply SOL on our platform."\nSolana is a blockchain platform with a cryptocurrency by the same name. Solana soared exponentially by 12,000% in 2021. It is currently the 6th largest cryptocurrency in the world with a market capitalization of USD 21.4 billion. Solana is designed to host decentralized, scalable applications and is said to rival Ethereum due to its fast transaction speed and lower fees. The blockchain uses a proof-of-stake (PoS) model and incorporates new proof-of-history (PoH) technology.\nYouHodler clients can buy SOL, trade, earn interest on SOL, multiply SOL and get Solana-backed loans starting today.\nAbout YouHodler\nYouHodler is a cryptocurrency exchange and platform that hosts popular coins such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more. It acts as a wallet to help hold cryptocurrency coins while unlocking benefits for its users. Solana holders will now be able to leverage their coins to borrow fiat money. The fiat currencies supported include the US dollar (USD), Euro (EUR), Swiss Franc (CHF), and British Pounds (GBP).\nFind out more about the available services onYouHodler.\nContact DetailsVaida Saltenyte, Head of [email protected]\nNews viaNewscall|Telegram\nSOURCE:YouHodler\nView source version on accesswire.com:https://www.accesswire.com/703177/Solana-SOL-Ethereum-Killer-Joins-FinTech-Platform-YouHodler', 'Key Insights: It was another bearish session for the broader crypto market, with bitcoin (BTC) falling for a third consecutive day. The decoupling of bitcoin and the crypto market continued, with bitcoin facing an unprecedented ninth weekly loss. Investors couldn’t shake off downside risks, including regulatory uncertainty stemming from the TerraUSD (UST) collapse. On Friday, it was another bearish session for the crypto market, with Ethereum ( ETH ) falling to a new 2022 low of $1,707. There was no major news to shift investor sentiment from the ongoing threat of a crypto market regulatory overhaul. The bearish mood came despite the NASDAQ 100 rounding off the week with a third consecutive rally to end the week up 6.84%. Bitcoin ( BTC ) saw red for a third consecutive day, with a 2.03% loss leaving bitcoin at sub-$29,000. Bitcoin Correlation with the NASDAQ 100 Weakens Further At the end of the week, the NASDAQ 100 provided little bitcoin support, with the BTC-NASDAQ correlation weakening further. While the global equity markets grapple with inflation, a hawkish Fed, and the threat of a US recession, the crypto market continues to face regulatory uncertainty. Monday through Friday, bitcoin fell by 5.51% compared with a 6.84% gain for the NASDAQ 100. BTC-NASDAQ 2805 Daily Chart While the bearish sentiment gripped the crypto market, the Fear & Greed Index rose from 12/100 to 13/100 this morning. Fear & Greed 280522 This week, the Index has hovered after recovering from a Monday 10/100. While holding steady, the Index remains deep within the “Extreme Fear” zone, reflecting investor fear of a crypto sell-off. A move back through to 25/100 and into the “Fear” zone would support a run at $35,000. The Index was last in the “Fear” zone on May 5, when bitcoin hit a day high of $39,831. Elon Musk and SpaceX Deliver a Dogecoin Breakout Session Amidst the crypto market doom and gloom, Dogecoin ( DOGE ) enjoyed a breakout session. Elon Musk’s Twitter account supported a buck trending session, and a test of resistance at $0.090 before easing back. Story continues From trough to peak, DOGE surged by 18% on news that SpaceX will soon begin accepting DOGE for merchandise payments. Another Crypto Reversal Leaves the Crypto Market Cap at $1,169bn On Friday, the total crypto market cap fell by a further $50 billion to a day low of $1,147 billion before support kicked in. Total liquidations continued to sound the alarm bells after hitting more than $500 million (24-hours) earlier this week. Over the last 24-hours, total liquidations stood at $237.82 million, according to Coinglass . TotalLiquid 280522 Across the crypto top ten, SOL led the way down for a second consecutive day, falling by 5.30%. ADA (-4.60%), BNB (-0.56%), BTC (-2.05% ), ETH (-3.68%), and XRP (-2.91%) joined Solana in the red. DOGE bucked the broader crypto market trend, rising by 4.63%. Away from the Crypto Moves, Tether ( USDT ) went Latin with the launch of a Mexican Peso-pegged crypto. Fed Vice Chair Brainard pushed for a US central bank digital currency on Capitol Hill. Coinbase (COIN) found itself at the center of court disputes on crypto classifications – security or commodity or? SEC case against Ripple looked set for a long summer of motions, extensions, and possibly more motions. This article was originally posted on FX Empire More From FXEMPIRE: Dogecoin Bucked the Crypto Trend Thanks to Elon Musk and SpaceX The Weekly Wrap – The Greenback Slides for a Second Week in a Row Crypto Market Daily Highlights – May 27 – Three Days in the Red U.S. issues sanctions targeting North Korean weapons of mass destruction program Texas school shooting: Police ‘wrong’ for waiting to storm gunman as students pleaded for help Some 10,000 Russian troops in Ukraine’s Luhansk region – governor', '• It was another bearish session for the broader crypto market, with bitcoin (BTC) falling for a third consecutive day.\n• The decoupling of bitcoin and the crypto market continued, with bitcoin facing an unprecedented ninth weekly loss.\n• Investors couldn’t shake off downside risks, including regulatory uncertainty stemming from the TerraUSD (UST) collapse.\nOn Friday, it was another bearish session for thecryptomarket, with Ethereum (ETH) falling to a new 2022 low of $1,707.\nThere was no major news to shift investor sentiment from the ongoing threat of a crypto market regulatory overhaul.\nThe bearish mood came despite the NASDAQ 100 rounding off the week with a third consecutive rally to end the week up 6.84%.\nBitcoin (BTC) saw red for a third consecutive day, with a 2.03% loss leaving bitcoin at sub-$29,000.\nAt the end of the week, the NASDAQ 100 provided little bitcoin support, with the BTC-NASDAQ correlation weakening further.\nWhile the global equity markets grapple with inflation, a hawkish Fed, and the threat of a US recession, the crypto market continues to face regulatory uncertainty.\nMonday through Friday, bitcoin fell by 5.51% compared with a 6.84% gain for the NASDAQ 100.\nWhile the bearish sentiment gripped the crypto market, the Fear & Greed Index rose from 12/100 to 13/100 this morning.\nThis week, the Index has hovered after recovering from a Monday 10/100. While holding steady, the Index remains deep within the “Extreme Fear” zone, reflecting investor fear of a crypto sell-off.\nA move back through to 25/100 and into the “Fear” zone would support a run at $35,000. The Index was last in the “Fear” zone on May 5, when bitcoin hit a day high of $39,831.\nAmidst the crypto market doom and gloom, Dogecoin (DOGE) enjoyed a breakout session.\nElon Musk’sTwitteraccount supported a buck trending session, and a test of resistance **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: 2022-05-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $553,633,088,316 - Hash Rate: 219958827.93519703 - Transaction Count: 226794.0 - Unique Addresses: 576357.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Key Insights: Coinbase’s CEO blames RBI’s informal pressure for disabling UPI payments in India. Brian Armstrong highlighted the uncertainty around the legality of cryptos in the country. Coinbase is seeking to work with the RBI and relaunch its operations in India. Brian Armstrong, CEO of American crypto exchange Coinbase ( COIN ), has blamed pressure from the Reserve Bank of India (RBI) over disabling its UPI services. During the company’s earnings call on Tuesday, Armstrong noted that: “A few days after launching, we ended up disabling UPI because of some informal pressure from the Reserve Bank of India.” The Nasdaq-listed exchange initially launched its services in India on April 7 and added UPI (Unified Payment Interface), a payment system for money transfers, for buying cryptocurrencies such as bitcoin (BTC) and ethereum (ETH). Soon after the launch, Coinbase suspended its UPI facility, which came as a disappointment to crypto users in the nation. As reported by FX Empire , the suspension of UPI payments came as a result of a strange statement from the National Payments Corporation of India (NPCI), noting that it was unaware of any crypto exchange using UPI. Brian Armstrong mentions the actual reason Apart from “informal pressure from the RBI,” Armstrong highlighted the regulatory uncertainty around cryptocurrencies in India. Calling India a “unique market,” he said that the Supreme Court could not entirely ban cryptocurrencies. However, he noted that few government bodies such as the RBI “don’t seem to be as positive on it.” He said: “And so they – in the press, it’s been called a ‘shadow ban,’ basically, they’re applying soft pressure behind the scenes to try to disable some of these payments, which might be going through UPI.” Last month, several Indian banks approached the NPCI seeking clarification on the “shadow ban” on cryptocurrencies and using UPI payments for bitcoin transactions. According to the CEO, the exchange had concerns that the central bank had violated the Supreme Court ruling. He noted: Story continues “I guess we have a concern that they may be actually in violation of the Supreme Court ruling, which would be interesting to find out if it were to go there. But I think our preference is really just to work with them and focus on relaunching.” Coinbase might come back into Indian market The CEO concluded the talk by stating that the exchange expects to return to India with additional payment options soon. He added: “I think there’s a number of paths that we have to relaunch with other payment methods there. So my hope is that we will live back in India in relatively short order, along with a number of other countries, where we’re pursuing international expansion similarly.” In the long run, crypto will eventually be regulated and legal in most democracies in the world, Armstrong said, adding that it would take time for such countries to get comfortable with them. This article was originally posted on FX Empire More From FXEMPIRE: Nearly 5 million jobs lost in Ukraine as war pummels economy – ILO Electronic Arts Is Up By 11%, Here Is Why Exclusive-Top EU official backs multi-trillion plan to rebuild Ukraine Ukraine battles Russia in Black Sea over strategic Snake Island Food, energy prices push Nepal inflation to near six-year high Argentina president says “protectionism” in some European sectors biggest challenge for Mercosur-EU agreement... - 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:** ['(Bloomberg) -- The United Nation’s top human rights official said any actions by China’s government to address alleged terrorism and reverse what Beijing terms radicalism must not come at the expense of human rights. Most Read from Bloomberg Stocks Trim Gains as Inflation Concerns Increase: Markets Wrap NATO Should Think Twice Before Accepting Finland and Sweden Bitcoin Rallies Above $30,000 as China Eases Covid Curbs Biden to Meet Powell to Discuss Economy as Inflation Bites World’s Riskiest Place for Flying Averages One Disaster a Year Michelle Bachelet spoke at a press briefing at the end of her six-day trip to China, which she’s repeatedly said wasn’t an “investigation” of Chinese practices in the Xinjiang region or elsewhere. “I encouraged the government to undertake a review of all counterterrorism and deradicalization policies to ensure they fully comply with international human right standards, and in particular -- that they are not applied in an arbitrary and discriminatory way,” Bachelet said. Her comments were quickly criticized by human rights advocates on social media. “It is absolutely stunning,” Adrian Zenz, senior fellow in China studies at the Victims of Communism Memorial Foundation, told Bloomberg News of the remarks. “It betrays a lack of understanding or wanting to understand what has been taking place in the region.” Bachelet said she raised “the lack of independent judicial oversight” of the VETC system, or what China refers to as Vocational Education and Training Centers in Xinjiang, but are effectively detention camps. Yet she wasn’t able to “assess the full scale” of the VETCs, she added. Bachelet mostly steered clear of controversy in her press conference, at which she took questions from reporters in English and Chinese, Her most detailed answer was to a question about gun violence and racism in the US from a reporter with Chinese state media. US Secretary of State Antony Blinken’s press office said in a statement late Saturday that the US remained concerned about efforts to restrict and manipulate Bachelet’s visit “We are concerned the conditions Beijing authorities imposed on the visit did not enable a complete and independent assessment of the human rights environment” in China, according to the statement. “We are further troubled by reports that residents of Xinjiang were warned not to complain or speak openly about conditions in the region.” Bachelet’s visit had already been criticized for failing to secure guarantees of unfettered access to Xinjiang, where a 2019 United Nations assessment said an estimated 1 million people have been detained. Story continues Bachelet said at the briefing that she was able to speak “unsupervised” with Chinese people. She said she’d visited a prison and a former vocational training and education center, and got to interact with a range of civil society organizations, academics, and community and religious leaders. US Ambassador Nicholas Burns earlier voiced to Bachelet “profound concerns” about Beijing’s attempts to manipulate her trip, according to people on a call this week with China-based diplomats who asked for anonymity as they weren’t authorized to speak publicly. Call With Xi Earlier in the week, President Xi Jinping held a call with Bachelet, an unusual move for a leader who speaks mostly with other heads of state that underscored the importance China placed on her visit. Chinese state media later said Bachelet praised China’s track record on human rights on the call -- something her office later appeared to deny in an emailed “clarification” of her “actual” remarks. UN Corrects China on Human Rights Chief’s ‘Actual’ Words to Xi She also met Chinese Foreign Minster Wang Yi, who was pictured holding a copy of book by Xi on human rights, and addressed students at Guangzhou University, in southern China, on a broad range of topics including human rights and sustainable development. Vice Foreign Minister Ma Xhaoxu briefed the media on Bachelet’s visit on Saturday, China’s foreign ministry said on its website. The two sides “had extensive, in-depth and candid discussions in the spirit of mutual respect and openness,” according to the ministry. Western Interference The Chinese readout decried the recent tendency “of politicizing and instrumentalizing the UN Human Rights Council,” and of Western countries “using human rights to interfere with others’ domestic affairs.” Philip Alston, a law professor at New York University School of Law, said on a Friday webinar that despite the criticism, Bachelet’s trip was “extremely important” because it put a spotlight on Xinjiang. The former special rapporteur to the UN Human Rights Council rejected claims she was being used by Beijing. “She’s highly experienced, she’s very sophisticated,” he said of the 70-year-old, who was the first woman elected to lead a South American nation. “She’s totally aware of all of the different political dimensions of what she’s undertaking.” Zenz, though, said that “it will be very easy for Chinese state propaganda to portray this at least as a partial absolution of their policies in Xinjiang.” (Updates with comment from US secretary of state’s office in eighth and ninth paragraphs.) Most Read from Bloomberg Businessweek Gun Sellers Push Quick Buy Now, Pay Later Financing A Startup Wants to Rescue You From Browser Tab Hell Gamification Took Over the Gig Economy. Who’s Really Winning? The Tech Rout Isn’t Just Cyclical—It’s Well-Earned, and Overdue A New Prediction Market Lets Investors Bet Big on Almost Anything ©2022 Bloomberg L.P. View comments', '(Bloomberg) -- The United Nation’s top human rights official said any actions by China’s government to address alleged terrorism and reverse what Beijing terms radicalism must not come at the expense of human rights. Most Read from Bloomberg Stocks Trim Gains as Inflation Concerns Increase: Markets Wrap NATO Should Think Twice Before Accepting Finland and Sweden Bitcoin Rallies Above $30,000 as China Eases Covid Curbs Biden to Meet Powell to Discuss Economy as Inflation Bites World’s Riskiest Place for Flying Averages One Disaster a Year Michelle Bachelet spoke at a press briefing at the end of her six-day trip to China, which she’s repeatedly said wasn’t an “investigation” of Chinese practices in the Xinjiang region or elsewhere. “I encouraged the government to undertake a review of all counterterrorism and deradicalization policies to ensure they fully comply with international human right standards, and in particular -- that they are not applied in an arbitrary and discriminatory way,” Bachelet said. Her comments were quickly criticized by human rights advocates on social media. “It is absolutely stunning,” Adrian Zenz, senior fellow in China studies at the Victims of Communism Memorial Foundation, told Bloomberg News of the remarks. “It betrays a lack of understanding or wanting to understand what has been taking place in the region.” Bachelet said she raised “the lack of independent judicial oversight” of the VETC system, or what China refers to as Vocational Education and Training Centers in Xinjiang, but are effectively detention camps. Yet she wasn’t able to “assess the full scale” of the VETCs, she added. Bachelet mostly steered clear of controversy in her press conference, at which she took questions from reporters in English and Chinese, Her most detailed answer was to a question about gun violence and racism in the US from a reporter with Chinese state media. US Secretary of State Antony Blinken’s press office said in a statement late Saturday that the US remained concerned about efforts to restrict and manipulate Bachelet’s visit “We are concerned the conditions Beijing authorities imposed on the visit did not enable a complete and independent assessment of the human rights environment” in China, according to the statement. “We are further troubled by reports that residents of Xinjiang were warned not to complain or speak openly about conditions in the region.” Bachelet’s visit had already been criticized for failing to secure guarantees of unfettered access to Xinjiang, where a 2019 United Nations assessment said an estimated 1 million people have been detained. Story continues Bachelet said at the briefing that she was able to speak “unsupervised” with Chinese people. She said she’d visited a prison and a former vocational training and education center, and got to interact with a range of civil society organizations, academics, and community and religious leaders. US Ambassador Nicholas Burns earlier voiced to Bachelet “profound concerns” about Beijing’s attempts to manipulate her trip, according to people on a call this week with China-based diplomats who asked for anonymity as they weren’t authorized to speak publicly. Call With Xi Earlier in the week, President Xi Jinping held a call with Bachelet, an unusual move for a leader who speaks mostly with other heads of state that underscored the importance China placed on her visit. Chinese state media later said Bachelet praised China’s track record on human rights on the call -- something her office later appeared to deny in an emailed “clarification” of her “actual” remarks. UN Corrects China on Human Rights Chief’s ‘Actual’ Words to Xi She also met Chinese Foreign Minster Wang Yi, who was pictured holding a copy of book by Xi on human rights, and addressed students at Guangzhou University, in southern China, on a broad range of topics including human rights and sustainable development. Vice Foreign Minister Ma Xhaoxu briefed the media on Bachelet’s visit on Saturday, China’s foreign ministry said on its website. The two sides “had extensive, in-depth and candid discussions in the spirit of mutual respect and openness,” according to the ministry. Western Interference The Chinese readout decried the recent tendency “of politicizing and instrumentalizing the UN Human Rights Council,” and of Western countries “using human rights to interfere with others’ domestic **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: 2022-05-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $553,287,083,490 - Hash Rate: 221445036.23205647 - Transaction Count: 207859.0 - Unique Addresses: 530365.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: They might not be as popular as the front runners (Bitcoin, Ethereum, Solana, LiteCoin) but they definitely do raise eyebrows whenever they pop up. One striking similarity amongst those coins is that they usually bear an animal figure head as a logo (Doge coin) or abstract objects (FreeCoin). These are called Meme coins. Now, what exactly are Meme coins and how do they shape up in the world of cryptocurrency? A meme coin is a type of cryptocurrency derived from an online meme or a viral image on the internet. Some of these coins have become popular investment opportunities, their success largely driven by strong online communities and investors. While many cryptocurrencies like Ethereum and Bitcoin highlight technical features like decentralization and anonymity, meme coins mostly do not follow this. Most of these tokens offer a value proposition primarily derived from their connection with a meme. Some memes are humorous and serve as criticism of digital currencies or other aspects of internet lifestyle. For example, Dogecoin (DOGE), one of the top ten cryptos in the world, started as a “joke” by its originator. On the other hand, some memes are “fraud coins”, created only for quick money at the expense of others. How Meme Coins Funcation Meme coins may have a different and more lighthearted origin than other cryptocurrencies, but they function in the same way. Meme coins and other cryptocurrencies, rather than being a valid form of currency, are assets that people attribute to stocks and other investments. These digital currencies use blockchain technology, which is a decentralized digital ledger that keeps track of transactions. These coins, like other cryptocurrencies, are created through a process known as “Mining”. Individuals or groups, for example, mine Dogecoin by completing complex mathematical and algebraic formulas. Those who successfully mine new blocks are usually rewarded with cryptocurrency mining rewards. Story continues Like most investment options, meme coins provide a medium for investment in cryptocurrency. These coins, as earlier explained, are usually made with no use cases so most investors put in money with the hope of a quick cash and grab. Meme coins cannot be said to be a good holder of value as they are usually just community-driven and online hype-propelled. Basic Meme Coin Features Meme coins frequently have an extremely large or limitless supply. Unlike Bitcoin that was designed to have a limited number of units available for mining, meme coins most often have billions of units in circulation. These coins do not typically have a mechanism that “burns” or permanently removes coins from circulation, so the numbers continue to rise. Also, if a coin’s name contains the words “DOGE” or “SHIBA,” it’s most likely a meme coin. The project’s website is a good place to find out if something is a meme coin or not. If the creators spend very little time discussing potential uses for the currency and their page contains numerous references to Elon Musk and cute animals, it’s most likely a meme coin. Are Meme Coins good holders of value? To a large extent, most of the value of meme coins is speculative. While some meme coins, such as DOGE, appear to have outlived their expected lifespan, most meme coins appear and disappear in a very short period of time, both intentionally and unintentionally. Moreover, unlike many mainstream coins, which attempt to demonstrate a use case, such as an alternative financial instrument or a method of exchange in a video game, meme coins typically have no practical use other than to be bought and sold. However, not all meme coins are fraudulent. Some meme coins, such as FEGToken and Floki Inu have useful functionality and have predominantly used the “meme” aspect to boost user acceptance. Members of the community believe that meme coins are an important way to get people interested in crypto. The investment risks of Meme Coins Meme coin pricing is extremely volatile because it is largely determined by community sentiment and arbitrary outside influences such as celebrity tweets. While this means that the value of a specific meme coin may skyrocket, as it did with Dogecoin, it may also crash very quickly if and when the community loses interest and dumps it. Many meme coins are also not supported by the same technology as widely accepted cryptocurrencies such as Bitcoin, nor do they have any defined ecosphere to back them up. Only two meme coins are currently in use: Dogecoin’s protocol is implemented on Litecoin, and Shiba Inu is built on the Ethereum blockchain. Most of them are also essentially worthless outside of the cryptocurrency world; for example, no one accepts SafeMoon as payment for goods and services. Because of their ephemeral nature, most meme coins are unlikely to be around in a couple of years. Even if they are, their worth is almost certainly negligible. Make sure you have a solid financial foundation before investing in crypto, particularly meme coins. You should have an emergency fund that can cover three to six months of living expenses as well as pay off any unsustainable debt, such as a credit card. Investing in meme coins may be advantageous depending on your risk level. Meme coins can offer a low initial investment and substantial gains to investors who trade on a daily basis and have the time to closely monitor the markets. Nonetheless, investors should be aware of the risks involved and conduct their own research into each specific meme coin they wish to trade. Consider the possibility of losing nearly all of your initial investment. Meme coins are not appropriate for those who want to invest in cryptocurrency as a hobby or generate income long-term, and it may be more reasonable to go with more stable cryptocurrency investments such as Bitcoin, Ethereum or Litecoin. There are several options to buy Litecoin Australia on verified exchanges seamlessly. Even these more established cryptocurrencies, however, are subject to significant volatility too. Bottom Line Meme coins don’t look like they are going away anytime soon and while they have skyrocketed investors to unprecedented wealth like Shiba Inu, some have absolutely wrecked people who put in money into these satirical coins, just like the Squid Game-inspired token did. The ultimate decision rests in the hands of a cryptocurrency trader; Will you snap up a few meme coins with the high risk of being “rug-pulled” or will you just play it safe?... - Reddit Posts (Sample): [['u/Leader92', 'Just mined my first 300,0000 SATS.', 82, '2022-05-29 02:18', 'https://www.reddit.com/r/Bitcoin/comments/uzzp0u/just_mined_my_first_3000000_sats/', 'It definitely feels great to receive your pure first-hand Bitcoin. I enjoyed mining so much that I have invested into an immersion cooling setup and will continue to gradually build a room filled with immersed S19s. \n\nNo noise, a single fan with hot air blown to the outside. Immersion cooling is definitely worth the time, effort, and money. It made relatively large-scale home mining feasible.', 'https://www.reddit.com/r/Bitcoin/comments/uzzp0u/just_mined_my_first_3000000_sats/', 'uzzp0u', [['u/ForbiddenFruit91', 10, '2022-05-29 02:24', 'https://www.reddit.com/r/Bitcoin/comments/uzzp0u/just_mined_my_first_3000000_sats/iadg9fv/', "Have you found it profitable with for example cost per kWh being 10 cents? I've been looking into it a lot but ppl seem to be talking me out of it. I would be looking into the s19 95th or better. Maybe a s19j pro 100th...i could only afford 1 to start with, but is that profitable? Not looking to get rich immediately, but from my research, i found to be able to profit $4 to $7 AFTER power costs per day. Which isnt bad to me. And that's at todays market prices! Any input?", 'uzzp0u'], ['u/bryguy4436', 18, '2022-05-29 02:32', 'https://www.reddit.com/r/Bitcoin/comments/uzzp0u/just_mined_my_first_3000000_sats/iadh4jb/', "The reason people are probably talking you out of it is that miner prices are still high for current profits. You would probably never get a return on investment vs just buying Bitcoin. The key is, if you really want to do it, then don't let people talk you out of it.", 'uzzp0u'], ['u/Leader92', 11, '2022-05-29 02:58', 'https://www.reddit.com/r/Bitcoin/comments/uzzp0u/just_mined_my_first_3000000_sats/iadjwgp/', "I seem to find ROIs for Bitcoin rugs to be around 1-1.6 years. A single S19 now costs around $6,000. Running it non-stop for a year will yield 0.156 after electricity costs (\\~0.05$).\n\nMining purely for fiat profits is not a good reason to get in. I'd only encourage mining if one won't liquidate the minted bitcoin and believes bitcoin will keep rising in price. That 0.156 is probably going to be worth triple the purchase price of an S19 after the halving (assuming we break into six figures).", 'uzzp0u']]], ['u/FamousM1', 'Is there a way to manually set the BCH fee on Bitcoin.com wallet?', 15, '2022-05-29 02:44', 'https://www.reddit.com/r/btc/comments/v0048n/is_there_a_way_to_manually_set_the_bch_fee_on/', "I was looking through the app and couldn't find a place to change the BCH tx fee, only the BTC fee\n \nI was wanting to increase my fee to donate more to miners but can't find the option", 'https://www.reddit.com/r/btc/comments/v0048n/is_there_a_way_to_manually_set_the_bch_fee_on/', 'v0048n', [['u/Remora_101', 15, '2022-05-29 03:41', 'https://www.reddit.com/r/btc/comments/v0048n/is_there_a_way_to_manually_set_the_bch_fee_on/iadoikb/', "I think this is a good feature. Heard of the guy that payed a few hundredthousands in fees to miners on ETH? That can't happen to you with EC ;)", 'v0048n']]], ['u/BluePul', 'Some perspectives of the current BAN price', 65, '2022-05-29 03:29', 'https://www.reddit.com/r/banano/comments/v00ukf/some_perspectives_of_the_current_ban_price/', "Currently the price of BAN is at a nice 0.0069 dollars. The last time BAN was at such a price was March 5th 2021. At the time BTC was at 48912 dollars; NANO was at 5.11 dollars.\n\nWhich means: Against the current BTC at 28979 dollars. BAN achieved a growth of 68.7%. Against the current XNO at 1.09 dollars. BAN achieved a whopping growth of 368.8%.\n\nSo in conclusion, it may be disheartening seeing the price of BAN plummets during the market slump. But it's in the comparison with other cryptos does the real growth manifest.\n\nWe will come back stronger than ever and flippening is happening (Against XNO). :) ^(IMO)", 'https://www.reddit.com/r/banano/comments/v00ukf/some_perspectives_of_the_current_ban_price/', 'v00ukf', [['u/datadelivery', 13, '2022-05-29 04:22', 'https://www.reddit.com/r/banano/comments/v00ukf/some_perspectives_of_the_current_ban_price/iadsubt/', "I'm hoping Shiba predator, samoyedcoin and erc20 [keep falling](https://coinmarketcap.com/view/memes) so that we can become a top 5 meme coin by default.\n\nBut regardless 1.9 Ban = !ban 1.9", 'v00ukf'], ['u/meeeeeph', 18, '2022-05-29 04:53', 'https://www.reddit.com/r/banano/comments/v00ukf/some_perspectives_of_the_current_ban_price/iadw2s9/', "Shiba predator.... The fuck is this shit? Never heard of it before and it's already in the top 10 of meme coins.\n\n!ban 1.9", 'v00ukf']]], ['u/littleannointedone', 'Best exchange to buy a large amount of bitcoin with instant withdraw?', 17, '2022-05-29 03:39', 'https://www.reddit.com/r/Bitcoin/comments/v010gy/best_exchange_to_buy_a_large_amount_of_bitcoin/', "So by large amounts I'm talking from 10,000-100,000 and up. That will also let me withdraw instant. Cash app seems to limit to 10,000 weekly.", 'https://www.reddit.com/r/Bitcoin/comments/v010gy/best_exchange_to_buy_a_large_amount_of_bitcoin/', 'v010gy', [['u/choff_geoff', 24, '2022-05-29 03:56', 'https://www.reddit.com/r/Bitcoin/comments/v010gy/best_exchange_to_buy_a_large_amount_of_bitcoin/iadq6pf/', 'Rip your inbox', 'v010gy'], ['u/ronin225', 14, '2022-05-29 10:35', 'https://www.reddit.com/r/Bitcoin/comments/v010gy/best_exchange_to_buy_a_large_amount_of_bitcoin/iaenmz5/', "Planning to spend $300 million but doesn't know what OTC is. Yeah sureeeeeeeee🤣", 'v010gy']]], ['u/StockAd229', 'Bitcoin thoughts', 40, '2022-05-29 03:51', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/', 'I bought 16k work of shit coins last year and now I have 5 k, I’m only buying bitcoin now, I took ownership of my coins today. Think I’ll get any of my shitcoin money back? So I can buy bitcoin', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/', 'v017bl', [['u/caploves1019', 31, '2022-05-29 03:55', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/iadq1aq/', "Don't sell, just swap them for Bitcoin. I'm in the same boat, slowly funnelling all alts into Bitcoin while learning from mistakes. 😎👍", 'v017bl'], ['u/ndgoLiberty', 15, '2022-05-29 04:15', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/iads4ui/', 'In terms of tax treatment it’s the same thing.', 'v017bl'], ['u/StockAd229', 11, '2022-05-29 04:22', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/iadsxi6/', 'I am going to keep them and buy more bitcoin because once I invest I never sell', 'v017bl'], ['u/Academic-Daikon-8662', 11, '2022-05-29 04:24', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/iadt3i8/', 'Good on you buddy, welcome to being a "Toxic Maxie, Psychopath"😂', 'v017bl'], ['u/tdannn21', 11, '2022-05-29 04:39', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/iaduojd/', 'Alts bleed hard bro just rip off the bandaid and watch for the btc dominance to peak before even thinking about getting back in', 'v017bl'], ['u/Spl00ky', 29, '2022-05-29 06:48', 'https://www.reddit.com/r/Bitcoin/comments/v017bl/bitcoin_thoughts/iae6xzc/', 'Well, if you bought $16k worth of bitcoin last year, would you be down about 50%. Now, the odds of a shitcoin recovering are far slimmer than bitcoin recovering', 'v017bl']]], ['u/purplehaze777777', 'In an event of a crisis…', 13, '2022-05-29 04:40', 'https://www.reddit.com/r/CryptoCurrency/comments/v01yxs/in_an_event_of_a_crisis/', 'Imagine, your president/emperor/leader finally caved in and a sudden political chaos happened. Your local currency is getting worthless every minute. You as a part of a minority somehow got targeted because the mob needs to channel their anger. You’re a regular joe who don’t have access to foreign assets. \n\nAnyway, you’re trying to get out of the country, and may not return. Where you’re going, you need money. The bank? Banks are closing and lines are miles long due to a bank run. Foreign currency supply is being blocked off by your government as a stop gap measure to keep the local currency from crapping itself even more. Gold? At a scale is pretty impractical to carry as a refugee. \n\nCryptocurrencies such as bitcoin IMO the most practical to move in an event like this. You can just keep your wallet phrase and just get away, regardless of who you are and where you’re from. And the most important thing is how the currency is independent of any political group which makes any form of CBDC objectively worse (in an event where your president is the “bad guy” according to the WEF, you’ll still have a rough time.)', 'https://www.reddit.com/r/CryptoCurrency/comments/v01yxs/in_an_event_of_a_crisis/', 'v01yxs', [['u/Baecchus', 13, '2022-05-29 04:54', 'https://www.reddit.com/r/CryptoCurrency/comments/v01yxs/in_an_event_of_a_crisis/iadw9ff/', "Already had this scenario which is what made me bullish on Crypto in the first place. Quick summary is that I was able to convert my savings into USD using USDC/BUSD right before a big crisis despite my government's best efforts to stop us from getting out of our shit currency with triple digit inflation. \n\n\nI ended up getting into Crypto as a whole and it served me pretty well on top of being able to save more than a year worth of salary to be lost due to inflation.\n\n\nIt's pretty laughable when someone asks what problem Crypto solves because you can tell they never had to deal with real corruption. Hell, I can't even make money online because most payment services are banned in my country including Paypal. Being able to get paid in stablecoins would be life changing.", 'v01yxs']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, May 29, 2022', 27, '2022-05-29 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/v036um/daily_discussion_sunday_may_29_2022/', "**Thread topics include, but are 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:** ['Key Insights: Bitcoin (BTC) fell for a record ninth consecutive week, in spite of a bullish weekend. 24-hour liquidation figures reflected the shift in sentiment, as the crypto majors recovered further from Thursday’s sell-off. There were no major news stories to shift investor sentiment, however, leaving the crypto market at risk of another pullback. On Sunday, it was another bullish session for the crypto market, with BTC and the broader market making gains for a second consecutive day. There were no cues from the crypto news wires to shift investor sentiment, with dip buyers jumping in to support the bullish end to the week. Crypto Market Cap Nudges up to $1,200bn After a Slide to $1,147bn On Sunday, the total crypto market cap returned to $1,200 billion levels after a fall to a week low of $1,147 billion on Friday. 24-hour crypto liquidation numbers through the weekend reflected a shift in investor sentiment. According to Coinglass , total liquidations stood at $95.52 million over the past 24-hours. Liquidations had surged to $500 million levels before the market’s bullish weekend. Total Liquidations 300522 From the crypto top ten, ADA rallied by 3.88% to lead the way. BTC (+1.51% ), DOGE (+1.04%), ETH (+1.17%), SOL (+1.65%), and XRP (+1.45%) saw modest gains. BNB bucked the trend, however, falling by 0.59%. While Bitcoin (BTC) saw green for a second consecutive day, bitcoin fell for a record ninth week in a row. The 1.43% gain from Sunday and a 1.46% rise on Saturday limited the loss to just 2.68%, however. Bitcoin Looks to Recouple with the NASDAQ 100 Last week, bitcoin decoupled from the NASDAQ 100 as crypto investors grappled with regulatory uncertainty following the TerraUSD ( UST ) and Terra LUNA Classic collapse. Monday through Friday, bitcoin fell by 5.51% compared with a 6.84% gain for the NASDAQ 100. While crypto investors may want to avoid a recoupling, a bullish first half of the week for the NASDAQ 100 could see bitcoin avoid an unprecedented tenth consecutive weekly loss. Story continues BTC-NASDAQ Daily Chart 300522 Things were not looking good at the turn of the day, however. At the time of writing, the NASDAQ 100 mini was up 65.5 points, while bitcoin was down 0.35%. With the US markets close for Memorial Day, crypto investors may need to wait until tomorrow for any direction from the US markets. Crypto News Highlights, LUNA 2.0 ( LUNA ) found much-needed support but remained way off its high of $19.53 after a post-launch 80% slump. STEPN ( GMT ) continued its recovery from Thursday’s 35% tumble, which came in response to news of plans to ban Mainland China users. Sergio Perez and Oracle Red Bull Racing win the Monaco Grand Prix after launching a new NFT collection. This article was originally posted on FX Empire More From FXEMPIRE: As shortage persists, Reckitt tightens grip on U.S. baby formula market Ukraine war hits Africa’s most vulnerable as aid costs spike NZ’s a2 Milk seeks to supply infant formula to U.S. after Bubs approval Two civilians killed as Russian troops enter Sievierodonetsk – governor China hosts Pacific islands meeting in Fiji, security ties in focus New Zealand aims to boost competition in supermarket sector', '• Bitcoin (BTC) fell for a record ninth consecutive week, in spite of a bullish weekend.\n• 24-hour liquidation figures reflected the shift in sentiment, as the crypto majors recovered further from Thursday’s sell-off.\n• There were no major news stories to shift investor sentiment, however, leaving the crypto market at risk of another pullback.\nOn Sunday, it was another bullish session for thecryptomarket, withBTCand the broader market making gains for a second consecutive day.\nThere were no cues from the crypto news wires to shift investor sentiment, with dip buyers jumping in to support the bullish end to the week.\nOn Sunday, the total crypto market cap returned to $1,200 billion levels after a fall to a week low of $1,147 billion on Friday.\n24-hour crypto liquidation numbers through the weekend reflected a shift in investor sentiment.\nAccording toCoinglass, total liquidations stood at $95.52 million over the past 24-hours. Liquidations had surged to $500 million levels before the market’s bullish weekend.\nFrom the crypto top ten,ADArallied by 3.88% to lead the way.\nBTC (+1.51% ),DOGE(+1.04%),ETH(+1.17%),SOL(+1.65%), andXRP(+1.45%) saw modest gains.\nBNBbucked the trend, however, falling by 0.59%.\nWhile Bitcoin (BTC) saw green for a second consecutive day, bitcoin fell for a record ninth week in a row. The 1.43% gain from Sunday and a 1.46% rise on Saturday limited the loss to just 2.68%, however.\nLast week, bitcoin decoupled from the NASDAQ 100 as crypto investors grappled with regulatory uncertainty following the TerraUSD (UST) and TerraLUNAClassic collapse.\nMonday through Friday, bitcoin fell by 5.51% compared with a 6.84% gain for the NASDAQ 100. While crypto investors may want to avoid a recoupling, a bullish first half of the week for the NASDAQ 100 could see bitcoin avoid an unprecedented tenth consecutive weekly loss.\nThings were not looking good at the turn of the day, however.\nAt the time of writing, the NASDAQ 100 mini was up 65.5 points, while bitcoin was down 0.35%.\nWith the US markets close for Memorial Day, crypto investors may need to wait until tomorrow for any direction from the US markets.\n• LUNA 2.0 (LUNA) found much-needed support but remained way off its high of $19.53 after a post-launch 80% slump.\n• STEPN (GMT) continued its recovery from Thursday’s 35% tumble, which came in response to news of plans to ban Mainland China users.\n• Sergio Perez and Oracle Red Bull Racing win the Monaco Grand Prix afterlaunchinga new NFT collection.\nThisarticlewas originally posted on FX Empire\n• As shortage persists, Reckitt tightens grip on U.S. baby formula market\n• Ukraine war hits Africa’s most vulnerable as aid costs spike\n• NZ’s a2 Milk seeks to supply infant formula to U.S. after Bubs approval\n• Two civilians killed as Russian troops enter Sievierodonetsk – governor\n• China hosts Pacific islands meeting in Fiji, security ties in focus\n• New Zealand aims to boost competition in supermarket sector', '• Bitcoin (BTC) fell for a record ninth consecutive week, in spite of a bullish weekend.\n• 24-hour liquidation figures reflected the shift in sentiment, as the crypto majors recovered further from Thursday’s sell-off.\n• There were no major news stories to shift investor sentiment, however, leaving the crypto market at risk of another pullback.\nOn Sunday, it was another bullish session for thecryptomarket, withBTCand the broader market making gains for a second consecutive day.\nThere were no cues from the crypto news wires to shift investor sentiment, with dip buyers jumping in to support the bullish end to the week.\nOn Sunday, the total crypto market cap returned to $1,200 billion levels after a fall to a week low of $1,147 billion on Friday.\n24-hour crypto liquidation numbers through the weekend reflected a shift in investor sentiment.\nAccording toCoinglass, total liquidations stood at $95.52 million over the past 24-hours. Liquidations had surged to $500 million levels before the market’s bullish weekend.\nFrom the crypto top ten,ADArallied by 3.88% to lead the way.\nBTC (+1.51% ),DOGE(+1.04%),ETH(+1.17%),SOL(+1.65%), andXRP(+1.45%) saw modest gains.\nBNBbucked the trend, however, falling by 0.59%.\nWhile Bitcoin (BTC) saw green for a second consecutive day, bitcoin fell for a record ninth week in a row. The 1.43% gain from Sunday and a 1.46% rise on Saturday limited the loss to just 2.68%, however.\nLast week, bitcoin decoupled from the NASDAQ 100 as crypto investors grappled with regulatory uncertainty following the TerraUSD (UST) and TerraLUNAClassic collapse.\nMonday through Friday, bitcoin fell by 5.51% compared with a 6.84% gain for the NASDAQ 100. While crypto investors may want to avoid a recoupling, a bullish first half of the week for the NASDAQ 100 could see bitcoin avoid an unprecedented tenth consecutive weekly loss.\nThings were not looking good at the turn of the day, however.\nAt the time of writing, the NASDAQ 100 mini was up 65.5 points, while bitcoin was down 0.35%.\nWith the US markets close for Memorial Day, crypto investors may need to wait until tomorrow for any direction from the US markets.\n• LUNA 2.0 (LUNA) found much-needed support but remained way off its high of $19.53 after a post-launch 80% slump.\n• STEPN (GMT) continued its recovery from Thursday’s 35% tumble, which came in response to news of plans to ban Mainland China users.\n• Sergio Perez and Oracle Red Bull Racing win the Monaco Grand Prix afterlaunchinga new NFT collection.\nThisarticlewas originally posted on FX Empire\n• As shortage persists, Reckitt tightens grip on U.S. baby formula market\n• Ukraine war hits Africa’s most vulnerable as aid costs spike\n• NZ’s a2 Milk seeks to supply infant formula to U.S. after Bubs approval\n• Two civilians killed as Russian troops enter Sievierodonetsk – governor\n• China hosts Pacific islands meeting in Fiji, security ties in focus\n• New Zealand aims to boost competition in supermarket sector', '• On Sunday, bitcoin (BTC) rose by 1.51% to end the day at $29,452. Resistance at $29,500 capped the upside.\n• The bullish session came despite a lack of any crypto news stories to shift the bearish investor sentiment.\n• Bitcoin (BTC) technical indicators flash red, with bitcoin sitting at the 50-day EMA.\nBitcoin (BTC) rose by 1.51% on Sunday. Following a 1.46% gain on Saturday, bitcoin ended the week down by 2.68% to $29,452. The broadercryptomarket joined bitcoin in the green on Sunday.\nA bearish start to the day saw bitcoin slide to an early low of $28,820 before making a move.\nSteering clear of the First Major Support Level at $28,601, bitcoin rallied to a late-day high of $29,549 before easing back.\nBreaking through the First Major Resistance Level at $29,331, bitcoin tested 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: 2022-05-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $577,847,913,750 - Hash Rate: 228876077.71635368 - Transaction Count: 271819.0 - Unique Addresses: 644720.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Marathon Digital Holdings (MARA) plans to relocate its mining machines away from a site in Hardin, Mont., that is powered by coal, the company said in a press release on Tuesday. Crypto miners have been facing increasing scrutiny for their carbon footprint in the past year or so, and some have taken steps to move toward renewable energy. Marathon has pledged that its operations will be 100% carbon neutral by the end of 2022. The Hardin bitcoin (BTC) mine is hosted by Beowulf , according to a Marathon investor presentation in March. Beowulf also owns the coal power plant nearby that powers the mine. The mine has space for 30,000 Bitmain Antminer S19 mining rigs, which together could generate as much as 3.3 exahash/second of computing power. The transition is set to take place in the third quarter of this year in a staggered fashion to avoid downtime, Marathon said. The crypto mining company didn't specify where the machines will be moved to or what "more sustainable sources of power" it will use. CEO Fred Thiel said the company's current strategy is to deploy mining rigs " behind the meter " at sustainable power stations, meaning the facilities are close to an energy producer and can draw power without going through the grid. Marathon shares were down almost 8% Tuesday morning, while the price of bitcoin was down slightly over the last 24 hours. Read more: Can Crypto Miners Make the World Greener?... - 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:** ['Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nGood morning. Here’s what’s happening:\nPrices:A day after bitcoin completed its record ninth-straight weekly decline, the largest cryptocurrency\'s price jumped by the most since early March.\nInsights:Ethereum\'s gas fees are at a record low, Sam Reynolds reports.\nCatch the latest episodes ofCoinDesk TVfor insightful interviews with crypto industry leaders and analysis. Andsign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.\nBitcoin (BTC):$31,646 +8.4%\nEther (ETH):$1,990 +11%\n[{"Asset": "Cardano", "Ticker": "ADA", "Returns": "+17.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Internet Computer", "Ticker": "ICP", "Returns": "+15.7%", "DACS Sector": "Computing"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+12.2%", "DACS Sector": "Computing"}]\nThere are no losers in CoinDesk 20 today.\nBitcoin posts biggest daily price rise in two months, as crypto markets rally broadly\nTraditional markets were mostly closed in the U.S. on Monday for the Memorial Day holiday, but bitcoin (BTC) didn\'t rest.\nThe largest cryptocurrency by market value jumped more than 7%to about $31,500, in its biggest gain since March 9.\nThe sudden burst higher came as bitcoin had just completed arecord nine-week losing streakthat took the price down to around $29,400 from $37,600.\nNow, crypto analysts are starting to ask if the market isfinding a bottomafter the latest downdraft.\nAccording to the blockchain analysis firm Glassnode, the recent selling pressure might be easing up. "The price action appeared to have bottomed for the time being," Glassnode wrote Monday in itsUncharted newsletter.\nAlmost all major cryptocurrencies were in the green on Monday, with Cardano\'sADAgaining some 17% and leading theCoinDesk 20.\n(Most traditional markets were closed in the U.S. on Monday for an official holiday.)\nAs motorists complain about gas fees being too (expletive deleted) high, crypto traders are dealing with the opposite: Ethereum\'s gas fees are at a record low, Sam Reynolds reports.\nThe average transaction fee is around $3.70 now,according to on-chain data. When the year began that number was between $38 and $52 depending on the chain congestion at the time.\nAs such,gas-heavy transactionslike selling a non-fungible token (NFT) on OpenSea or completing a Uniswap transaction are at all-time lows.\nTraders seem to be spooked by the fallout of Terra and have been hesitant about jumping back into the market. On-chain data shows that throughout May there were massive spikes in gas consumption on key dates related to Terra’s decline, and subsequent spikes in activity on Uniswap as traders repositioned to shield themselves from market volatility.\nThe problem is, they aren’t getting back into the market: Gas is low, Uniswap is (comparatively) idle, and the price of ether continues to trend downward. Ether’s price is recovering, but demand is weak because there aren’t as many active traders at the moment.\nWhile the prices of Solana\'sSOLand Avalanche\'sAVAXhave begun to recover, the number ofdaily active usershas not. Both of these chains were built in an era of high Ethereum gas fees, so it could be that low gas isn’t driving a rush to their doors. But it\'s more likely there’s no reason to do anything at all until things stabilize.\nOne knock-on effect from all of this will be how soon the Ethereum Merge happens. Because without high gas fees, there will be less a sense of urgency in migrating to proof of stake, and with thatcomes controlled, more predictable fees. Whatwas once expectedin June has been pushed off to “the fall” (autumn) andprediction marketsare putting that date between October and the end of the year. Let’s see if gas fees stay low and this is delayed again.\nJapan Jobs, Industrial Production, Retail Sales: 3:50 p.m. HKT/SGT (7:30 a.m. UTC)\nChina Manufacturing PMI 5 p.m HKT/SGT(9 a.m. UTC)\nU.S. Consumer Confidence Index: 10 p.m. HKT/SGT (2 p.m. UTC )\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nCrypto Markets Not Moving Much but Stepn Is; Co-Founder Explains the Play-to-Earn Game:\nBitcoin still stuck in a range and ether remains down after the top cryptocurrencies both lost pivotal support levels. Why is sentiment still so weak for the broader crypto markets? Urs Bernegger of SEBA Bank joins "First Mover" to share his crypto markets outlook. Plus, StepN Co-Founder Yawn Rong explains the popular "move-to-earn" game.\nTerra’s Mirror Protocol Allegedly Suffers New Exploit:Community users are raising the alarm about a possible bug in the LUNC pricing oracles.\nLetters to Layer 2: We Still Know Nothing About the Metaverse: Will the metaverse be expensive to use? Will there be more than one? Who, ultimately, is responsible for building it? CoinDesk\'s Daniel Kuhn explores the questions.\nBitcoin Shows Signs of Bottoming Out After 9 Weeks of Losses: The $29,500 level is acting as major support for the world’s largest cryptocurrency.\nIndia \'Fairly Ready\' With Crypto Consultation Paper, Govt. Official Says: India has not yet finalized crypto-specific legislation.\nLetters to Layer 2: We Still Know Nothing About the Metaverse: Will the metaverse be expensive to use? Will there be more than one? Who, ultimately, is responsible for building it?\nToday\'s crypto explainer:What Is Avalanche? A Look at the Popular ‘Ethereum-Killer’ Blockchain', 'Don\'t miss CoinDesk\'s Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: A day after bitcoin completed its record ninth-straight weekly decline, the largest cryptocurrency\'s price jumped by the most since early March. Insights: Ethereum\'s gas fees are at a record low, Sam Reynolds reports. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover , our daily newsletter putting the latest moves in crypto markets in context. Prices Bitcoin ( BTC ): $31,646 +8.4% Ether ( ETH ): $1,990 +11% Biggest Gainers Asset Ticker Returns DACS Sector Cardano ADA +17.8% Smart Contract Platform Internet Computer ICP +15.7% Computing Chainlink LINK +12.2% Computing Biggest Losers There are no losers in CoinDesk 20 today. Bitcoin posts biggest daily price rise in two months, as crypto markets rally broadly Traditional markets were mostly closed in the U.S. on Monday for the Memorial Day holiday, but bitcoin ( BTC ) didn\'t rest. The largest cryptocurrency by market value jumped more than 7% to about $31,500 , in its biggest gain since March 9. The sudden burst higher came as bitcoin had just completed a record nine-week losing streak that took the price down to around $29,400 from $37,600. Now, crypto analysts are starting to ask if the market is finding a bottom after the latest downdraft. According to the blockchain analysis firm Glassnode, the recent selling pressure might be easing up. "The price action appeared to have bottomed for the time being," Glassnode wrote Monday in its Uncharted newsletter . Almost all major cryptocurrencies were in the green on Monday, with Cardano\'s ADA gaining some 17% and leading the CoinDesk 20 . Markets (Most traditional markets were closed in the U.S. on Monday for an official holiday.) Insights As motorists complain about gas fees being too (expletive deleted) high, crypto traders are dealing with the opposite: Ethereum\'s gas fees are at a record low, Sam Reynolds reports. Story continues The average transaction fee is around $3.70 now, according to on-chain data . When the year began that number was between $38 and $52 depending on the chain congestion at the time. Ethereum average transaction fee (Bitinfocharts.com) As such, gas-heavy transactions like selling a non-fungible token (NFT) on OpenSea or completing a Uniswap transaction are at all-time lows. Traders seem to be spooked by the fallout of Terra and have been hesitant about jumping back into the market. On-chain data shows that throughout May there were massive spikes in gas consumption on key dates related to Terra’s decline, and subsequent spikes in activity on Uniswap as traders repositioned to shield themselves from market volatility. (Glassnode) The problem is, they aren’t getting back into the market: Gas is low, Uniswap is (comparatively) idle, and the price of ether continues to trend downward. Ether’s price is recovering, but demand is weak because there aren’t as many active traders at the moment. While the prices of Solana\'s SOL and Avalanche\'s AVAX have begun to recover, the number of daily active users has not. Both of these chains were built in an era of high Ethereum gas fees, so it could be that low gas isn’t driving a rush to their doors. But it\'s more likely there’s no reason to do anything at all until things stabilize. One knock-on effect from all of this will be how soon the Ethereum Merge happens. Because without high gas fees, there will be less a sense of urgency in migrating to proof of stake, and with that comes controlled, more predictable fees . What was once expected in June has been pushed off to “the fall” (autumn) and prediction markets are putting that date between October and the end of the year. Let’s see if gas fees stay low and this is delayed again. Important events Japan Jobs, Industrial Production, Retail Sales: 3:50 p.m. HKT/SGT (7:30 a.m. UTC) China Manufacturing PMI 5 p.m HKT/SGT(9 a.m. UTC) U.S. Consumer Confidence Index: 10 p.m. HKT/SGT (2 p.m. UTC ) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Crypto Markets Not Moving Much but Stepn Is; Co-Founder Explains the Play-to-Earn Game : Bitcoin still stuck in a range and ether remains down after the top cryptocurrencies b **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-05-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $603,308,187,256 - Hash Rate: 216986411.34147817 - Transaction Count: 276273.0 - Unique Addresses: 685567.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.16 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Buying any of these biggest loser stocks comes with serious risk, but the rewards could be worth it. • Netflix(NFLX): Pivoting away from password sharing is risky but could pay off for the streaming giant. • Shopify(SHOP): E-commerce could make a comeback as worker bees are called back into the office. • Novavax(NVAX): One of the riskiest biggest loser stocks to buy, NVAX could storm back if the pandemic does. • Ginkgo Bioworks(DNA): A much-maligned reverse merger, DNA is still compelling due to its bioengineering profile. • Sonder(SOND): If revenge travel takes off, Sonder’s short-term-rental management business could be fire. • Lottery.com(LTRY): Horrifically cynical, LTRY could rise if economic pressures cause desperation. • Cazoo(CZOO): Another blank-check disaster, CZOO may have a comeback brewing due to the supply chain impact. Source: Shutterstock When legendary investor Warren Buffett once said to be fearful when others are greedy, and greedy when others are fearful, I’m not entirely sure he meant just jump on any old garbage idea that’s printing red ink. In many if not most cases, when certain equities decline, there’s a reason for it. Nevertheless, the reward potential for riding the biggest loser stocks to a soaring comeback can be enormous. Under the current framework, highly speculative and contrarian ideas just might pan out. Primarily, the market has witnessed roughly two years of brilliant contrarian trading tactics. • 7 Dividend Stocks Paying Over 5% to Buy Now From squeezing out the shorts through coordinated investments and diving heartily into the cryptocurrency sector, Wall Street has been forced to recognize the power of the retail investing masses. Thus, the concept of betting on the biggest loser stocks isn’t completely irrational. InvestorPlace - Stock Market News, Stock Advice & Trading Tips An argument can be made that the biggest loser stocks already have all the negativity priced in. Although it’s not a scientifically proven phenomenon, the motivation for going contrarian is similar to baseball strategies. The best managers just seem to know when their players — having gone through a dry spell — are “due” to go yard. Thus, it’s possible to hit one out of the park with these risky ideas. All of the biggest loser stocks below are down at least 55% for the year. If you can handle the volatility, let’s get started. [{"NFLX": "SHOP", "Netflix": "Shopify", "$198.40": "$428.09"}, {"NFLX": "NVAX", "Netflix": "Novavax", "$198.40": "$47.42"}, {"NFLX": "DNA", "Netflix": "Ginkgo Bioworks", "$198.40": "$3.69"}, {"NFLX": "SOND", "Netflix": "Sonder", "$198.40": "$4.03"}, {"NFLX": "LTRY", "Netflix": "Lottery.com", "$198.40": "$2.42"}, {"NFLX": "CZOO", "Netflix": "Cazoo", "$198.40": "$1.99"}] Source: Riccosta / Shutterstock.com I’m not going to lie, streaming giantNetflix(NASDAQ:NFLX) looks like it’s courting major trouble. Down 67% on a year-to-date basis, the company is reeling from the fact that, per its first quarter of 2022 earnings report, management revealed itlost subscribers for the first time in 10 years. This report looks bad, both on a business-specific level and a macroeconomic view. The earnings print suggests that the idea of a robustly recovered consumer base is overstated at best. Many households are struggling enough to the point where they’re canceling their Netflix subscriptions. Further, the company’s decision tocrack down on password sharing— a practice it encouraged years ago — is very risky. The last thing you want to do is alienate your loyal subs and prospective members. However, it’s a necessary business decision and Netflix could get away with it as a result of its original content. Source: Beyond The Scene / Shutterstock.com According to theNew York Times,“Physical stores beat online shopping in 2021. If you want confirming evidence, you might point to the performance ofShopify(NYSE:SHOP), which is down nearly 69% year-to-date. Indeed, if anyone has been followinge-commerce sales as a percentage of total retail, the disclosure shouldn’t come as a surprise. After peaking in Q2 2020, the share of online transactions has steadily declined. On the surface, this doesn’t bode well for SHOP stock. • 7 Bear Market Stocks to Buy if You're Feeling Fearful However, the pivot to brick-and-mortar shops could largely be a function of the work-from-home transition freeing up time for millions of people. As I argued for Barchart.com, however,work from home is likely ending. Source: rarrarorro / Shutterstock.com During the initial wave of the Covid-19 crisis, vaccine developerNovavax(NASDAQ:NVAX) represented one of the greatest beneficiaries. Indeed, prior to the pandemic, Novavax was on life support, having failed to bring a viable solution to the market. But that changed with the SARS-CoV-2 virus, which sparked a race to find an effective vaccine. Now, Novavax distinguished itself because of its proven subunit approach, whereby its heavy-hitting competitors likePfizer(NYSE:PFE) adopted the messenger-RNA approach, a novel methodology in terms of commercialization (decades of research has gone into mRNA vaccinesprior to Covid-19). Still, Novavax provided the comfort of familiarity. Unfortunately, it hasn’t been enough since the big boys beat out Novavax. Nevertheless, it’s possible that the war against Covid isn’t over. For instance, I find it suspicious that the Chinese government is sodesperate to rid itself of the coronavirusknowing full well what harsh lockdowns can do to economic performance. Yet the latest information suggests Shanghai is still essentially under quarantine. It’s risky but the possible resurgence of Covid-19 could lift NVAX once again. Source: Yurchanka Siarhei/Shutterstock Ginkgo Bioworks(NYSE:DNA), an innovative bioengineering firm, became tradeable to retail investors via special purpose acquisition company (SPAC). An alternative to the traditional initial public offering (IPO), SPACs are publicly traded shell companies that merge with private enterprises, thus taking target businesses public through the backdoor. The problem is, like most SPACs, Ginkgo has plain stunk up the market, shedding 57.5% year-to-date. About the only saving grace for DNA is that SPACs havegreatly underperformed benchmark indicespost-business combination. Moreover, it’s likely that investors viewed Ginkgo’s bioengineering clout as being more aspirational than practical. • 7 Consumer Stocks to Buy as the Weather Warms Up I’m not going to sugarcoat the steep risks involved with DNA, but it might only take one major development from this “biology by design” enterprise to get shares flying. Source: Roman Babakin / Shutterstock From a cursory perspective, the narrative surroundingSonder(NASDAQ:SOND) might not sound too appealing. The comappny has lost 59.5% year-to-date. It manages short-term rentals such as apartment hotels, operating in North America, Europe and Dubai. However, againstrising inflationthat so far is only worsening, a non-essential business like Sonder seems suspect. At the same time, analysts have been calling for a recession since the beginning of the Covid-19 pandemic. So far, they’ve been proven wrong. More importantly for Sonder, it’s possible thatrevenge travel— or the concept that people are ready to open their wallets to make up for lost social experiences — could become a dominant theme in the broader consumer retail economy. In that case, SOND could be one of the biggest loser stocks to turn things around. After being cooped up at home for roughly two years, people generally have lost their fear of Covid-19. Source: Shutterstock Lottery.com(NASDAQ:LTRY) is one of the more toxic stocks around. Games of chancedisproportionately target disenfranchised communities, so LTRY won’t be an environmental, social, governance (ESG) play anytime soon. People are gambling on the stock because some evidence points topeople suffering from financial problems buying lottery tickets at a higher ratecompared to those who didn’t suffer financially. Therefore, if we encounter a global recession, LTRY could be among the biggest loser stocks to enjoy a reversal of fortune. Source: lumen-digital / Shutterstock.com If you really want to dial up your speculative juices, British online car retailerCazoo(NYSE:CZOO) might be up your alley. As you know, used-car prices have gone through the roof. It’s not just an American phenomenon but a global one. Simply put, auto manufacturers are in short supply of critical commodities. Until this issue is resolved, demand may continue to outpace supply. If that wasn’t bad enough (for car buyers), Russia’s uinvasion of Ukrainesparked an auto-centric supply chain crisis, per theWall Street Journal. Although it’s grossly unfair, prices may be disassociated from reality for quite some time due to basic economic principles. This circumstance isn’t entirely beneficial for CZOO. However, people still need their vehicles — high prices or not — thus making CZOO a risky comeback idea among the biggest loser stocks. On the date of publication, Josh Enomotodid not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. • Stock Prodigy Who Found NIO at $2… Says Buy THIS • It doesn’t matter if you have $500 in savings or $5 million. Do this now. • Get in Now on Tiny $3 ‘Forever Battery’ Stock • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post7 Biggest Loser Stocks That Could Become Surprising Buysappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Key Insights: Cardano’s ADA rallied by 9.99%, with bitcoin (BTC) consolidating Monday’s 7.69% breakout, while others faltered on the last day of the month. Better than expected US consumer confidence figures for May delivered support, with bitcoin closely tracking the NASDAQ through most of the US session. Despite a bullish end to May, bitcoin ended the month down by 15.6% to $31,782. It was a mixed Tuesday session for the crypto market, with several of the top ten giving up some of Monday’s gains. Cardano ( ADA ) and Waves ( WAVES ) were the top 100 front runners. ADA leapfrogged XRP to the #6 spot by market cap, with Waves moving to #60. Gains on the day were not good enough to reverse losses for the month, however, with ADA and Waves seeing losses of 17.1% and 29.1%, respectively. A fourth consecutive daily rise for bitcoin ( BTC ) could fuel a breakout and end the record nine-week losing streak. Bitcoin avoided a day in the red despite tracking the NASDAQ 100 through most of the day. Crypto Market Cap Holds Steady Despite Mixed Session While it was a mixed crypto session for the top ten, the total market cap held relatively steady. On Tuesday, the total crypto market cap slipped from $1,300 billion to $1,293 billion. For May, however, the total market cap slid by $379 billion. Total Market Cap Monthly Chart 24-hour crypto liquidation numbers on Tuesday improved throughout the day. Total liquidations eased from $350 million to $230 million levels during the day. According to Coinglass , 24-hour total liquidations stood at $229.73 million at the time of writing. Over the hour, liquidations were $5.50 million. Total Liquidations 010622 From the crypto top ten, ADA rallied by 9.99% on Tuesday to lead the way for a second consecutive day. BTC and XRP also found support with gains of 0.21% and 0.80%, respectively, while the rest of the top ten saw red. ETH and SOL saw losses of 2.89% and 3.04%, respectively, with BNB (-0.31% ) and DOGE (-2.37%) also seeing red. Bitcoin Tracked the NASDAQ 100 in a Choppy Session It was a choppy session for the NASDAQ 100 on Tuesday. While inflation fears gripped the global equity markets, the NASDAQ 100 saw a modest 0.41% loss on the day. Story continues Crude oil prices were on the rise on the news of some OPEC members considering the suspension of Russia from OPEC + 1. Rising crude oil prices and inflation figures from Eurozone member states suggested another pickup in inflationary pressure. Another spike could force the Fed into a more aggressive rate path towards monetary policy normalization and beyond. At the time of writing, the NASDAQ 100 mini was up 66.25 points, with bitcoin up 0.26% to $31,869. BTC-NASDAQ 010622 Daily Chart Away from the Crypto Moves, Singapore central bank, the Monetary Authority of Singapore, explores Asset Tokenization and DeFi with DBS Bank, JPMorgan Chase, and Marketnode. China shows the power of the e-CNY with the lottery to fuel consumer spending after the latest COVID-19 lockdown. The launch of LUNA 2.0 ( LUNA ) remained a disappointment, with LUNA down 57% since launch. Ethereum merge testing to transition to a proof-of-stake protocol entered the final phase. This article was originally posted on FX Empire More From FXEMPIRE: Oil prices nudge higher on EU’s Russian oil ban, end of Shanghai lockdown AUD/USD and NZD/USD Fundamental Daily Forecast – Renewed Concerns Over Aggressive Fed Weighing on Aussie, Kiwi Cambodian opposition rises from the ashes ahead of local elections Asia’s factory activity slows in May as China COVID curbs weigh Analysis-Sizzling U.S. energy stock rally confronts global growth worries Shanghai’s modest post-lockdown ‘revenge spending’: beauty products, bubble tea', '• Cardano’s ADA rallied by 9.99%, with bitcoin (BTC) consolidating Monday’s 7.69% breakout, while others faltered on the last day of the month.\n• Better than expected US consumer confidence figures for May delivered support, with bitcoin closely tracking the NASDAQ through most of the US session.\n• Despite a bullish end to May, bitcoin ended the month down by 15.6% to $31,782.\nIt was a mixed Tuesday session for thecryptomarket, with several of the top ten giving up some of Monday’s gains.\nCardano (ADA) and Waves (WAVES) were the top 100 front runners. ADA leapfrogged XRP to the #6 spot by market cap, with Waves moving to #60.\nGains on the day were not good enough to reverse losses for the month, however, with ADA and Waves seeing losses of 17.1% and 29.1%, respectively.\nA fourth consecutive daily rise for bitcoin (BTC) could fuel a breakout and end the record nine-week losing streak. Bitcoin avoided a day in the red despite tracking the NASDAQ 100 through most of the day.\nWhile it was a mixed crypto session for the top ten, the total market cap held relatively steady.\nOn Tuesday, the total crypto market cap slipped from $1,300 billion to $1,293 billion. For May, however, the total market cap slid by $379 billion.\n24-hour crypto liquidation numbers on Tuesday improved throughout the day. Total liquidations eased from $350 million to $230 million levels during the day.\nAccording toCoinglass, 24-hour total liquidations stood at $229.73 million at the time of writing. Over the hour, liquidations were $5.50 million.\nFrom the crypto top ten, ADA rallied by 9.99% on Tuesday to lead the way for a second consecutive day.\nBTC andXRPalso found support with gains of 0.21% and 0.80%, respectively, while the rest of the top ten saw red.\nETHandSOLsaw losses of 2.89% and 3.04%, respectively, withBNB(-0.31% ) andDOGE(-2.37%) also seeing red.\nIt was a choppy session for the NASDAQ 100 on Tuesday. While inflation fears gripped the global equity markets, the NASDAQ 100 saw a modest 0.41% loss on the day.\nCrude oil prices were on the rise on the news of some OPEC members considering the suspension of Russia from OPEC + 1. Rising crude oil prices and inflation figures from Eurozone member states suggested another pickup in inflationary pressure.\nAnother spike could force the Fed into a more aggressive rate path towards monetary policy normalization and beyond.\nAt the time of writing, the NASDAQ 100 mini was up 66.25 points, with bitcoin up 0.26% to $31,869.\n• Singapore central bank, the Monetary Authority of Singapore,exploresAsset Tokenization and DeFi with DBS Bank, JPMorgan Chase, and Marketnode.\n• Chinashowsthe power of the e-CNY with the lottery to fuel consumer spending after the latest COVID-19 lockdown.\n• The launch of LUNA 2.0 (LUNA) remained a disappointment, with LUNAdown57% since launch.\n• Ethereum merge testing to transition to a proof-of-stake protocolenteredthe final phase.\nThisarticlewas originally posted on FX Empire\n• Oil prices nudge higher on EU’s Russian oil ban, end of Shanghai lockdown\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Renewed Concerns Over Aggressive Fed Weighing on Aussie, Kiwi\n• Cambodian opposition rises from the ashes ahead of local elections\n• Asia’s factory activity slows in May as China COVID curbs weigh\n• Analysis-Sizzling U.S. energy stock rally confronts global growth worries\n• Shanghai’s modest post-lockdown ‘revenge spending’: beauty products, bubble tea', 'By Tom Westbrook SINGAPORE, June 1 (Reuters) - Stocks steadied in Asia on Wednesday as Shanghai emerged blinking from two months of lockdown and a dip in oil prices dangled the prospect of a respite from rising energy prices, but nerves about inflation kept investors and bond markets on edge. Soaring food and energy costs drove eurozone inflation to a record-high 8.1% in May, overnight data showed, beating market expectations and stoking concern about rate rises not just in Europe but globally. Two-year German bund yields hit their highest in over a decade as investors sold out. Benchmark 10-year Treasury yields rose 10 basis points (bps) and were up a further 2.5 bps to 2.8749% early in the Asia session. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.1% and Japan\'s Nikkei rose 0.5%. S&P 500 futures bounced 0.5% after the index slid 0.6% on Tuesday. The U.S. dollar, meanwhile, has steadied after sliding in the second half of May and it rose slightly against the euro and the yen in early trade on Wednesday. The U.S. Federal Reserve begins shrinking assets holdings built up during the pandemic on Wednesday and traders expect it will raise rates by 50 bps at meetings this month and next. "Markets are pricing in rate hikes in June from the UK, U.S., Sweden, Australia and Canada," said Societe Generale analyst Kit Juckes. "The more the markets focus on the inflation data and central bank action, the more likely it is that we have a bumpy start to the summer in risk sentiment and a strong one for the dollar." The Bank of Canada is expected to raise its benchmark target rate 50 bps to 1.5% when it meets later in the day. Australian economic growth slowed in the first quarter, data showed on Wednesday, but domestic demand helped it come in a bit better than expected, setting the scene for more hikes in interest rates. POSITIVES A little relief from an overnight pullback in oil prices and hope that China\'s slowdown might be nearing its nadir have helped to check investors\' worries. Story continues Following two months of frustration, despair and economic loss, a draconian lockdown of Shanghai\'s 25 million residents ended at midnight. Small groups in the city\'s former French Concession whistled and shouted "ban lifted". Chinese factory activity data for May, released on Tuesday, wasn\'t as bad as traders feared either and showed the pace of contraction had slowed down. "Compared to a couple of weeks ago it is a clear positive for sentiment," said Westpac analyst Sean Callow, adding, however, that inflation was among other "clear negatives". Stocks in Hong Kong and Shanghai hung on to Tuesday gains and opened steady. Currency markets were in a cautious mood and the dollar\'s three-week decline has paused. It stood at a two-week hi **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: 2022-06-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $573,205,647,399 - Hash Rate: 202124328.3728837 - Transaction Count: 272165.0 - Unique Addresses: 683372.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.17 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Photo credit: THOMAS LOHNES - Getty Images The year is 2022 and everything is for sale online, even colors. With Bitcoin, a type of web-based currency, you can buy NFTs, or non-fungible tokens, of apes, avatars, or even the long-lost Semper Augustus tulip, a flower so coveted in the 17th century it once sold for as much as a house before its value crashed back down to earth. Each one is comprised of a long string of supposedly unique code called a token; you can keep it, or you can sell it to someone else, ideally for more money than you paid, but often it goes for much less. In exchange for your money, you will get no bulbs, no monkeys, and no pigments--only the string of code and the speculation around its worth. (That’s what makes the Dutch red-and-white “broken” tulip picture a rather good, if niche, joke about the perils of puffed-up markets.) And now, you can even buy your favorite shade of blue from a marketplace called the Color Museum. Although I’m tempted to dismiss these tokens as fake and immaterial, to write off the Color Museum as a non-place selling non-things, they exist as much as this article exists. I’m writing it to be published online (where it will exist as a string of symbols), and I will receive money for it (which I can use to buy my grocery store tulips). These exchanges are real, and although they start off immaterial, they can be used to buy physical objects. And the colors you buy with your crypto currency? They’re real too. A trickier question to answer is whether these color squares or sullen primates should be considered art. Even trickier: If they are art, what does that mean for art making as a practice? For humanity as a whole? According to NFT (non-fungible token) believers, these tokens—and the digital locations where they are traded—offer a chance to expand the boundaries of contemporary economics, art, and culture. Yet, the emphasis is always on the first of those three symbol-rich categories. It’s not a secret: NFTs are important because they are expensive. Like many things, they exist primarily to generate money. Story continues “We’re going to be turning colors into money,” Color Museum founder Omar Farooq explained to journalist Maxwell Strachan of Motherboard. Farooq admitted that he “can’t draw like these artists that are out there,” but as a longtime Bitcoin believer, he did have the tools to form a blockchain collective and create a platform for buying and selling digital images. The idea behind the Color Museum is that individual users will buy colors, and when artists sell digital works that use their colors, the user will be able to collect a percentage of the sale, thus making royalties off hexcodes. In an email, Farooq describes his project as “both an experiment in shared capitalism and collaborative art.” The term shared capitalism is usually reserved for worker-owned companies (like Johnny’s Selected Seeds or King Arthur Baking), but recently crypto advocates have been using the language of labor struggles to describe their business ventures too. Without knowing more about the ownership or the art-making practices, it’s hard to say whether the Color Museum is a form of shared capitalism or collaborative art. Nevertheless, Farooq goes on to add that this museum is “in the business of art, and our art is our business.” He also quotes one of the members of the community: “Concept of owning a color is something new. … This project somehow defends itself in terms of contemporary art pretty well.” It’s easy to debunk the claim that owning a color is a fresh idea. Although the brand didn’t receive a trademark until the 1990s, Tiffany & Co. has been claiming ownership of that bright turquoise hue since the 1840s. The year 1985 saw the first officially trademarked color—a nasty intestinal pink—get awarded to Owens Corning fiberglass insulation, and since then, a number of companies have claimed their own colors-in-context, including UPS, T-Mobile, and John Deere. Pigments can be patented too. Yves Klein Blue and Vantablack are both trademarked substances, each with a distinct chemical makeup. However, I actually agree with the second part of that community member’s statement. The Color Museum is a perfectly sensible project if you place it alongside other works of contemporary art, like Tim Steiner’s “human canvas” or Richard Prince’s printed Instagrams . By that, I mean it makes logical sense to buy and sell colors. We buy and sell everything else. There is no sacred space that can’t be penetrated by capitalism, no experience too precious to be monetized. Once, back during a time when royalties were for kings, all art was an “art object.” Art was by definition material, physical. Sometimes art was made to be bought and sold, but sometimes it was made for other reasons. We believe early people carved stones and painted cave walls to honor their deities, but it’s also likely that some early makers did it simply for the joy of expression. In her newsletter, Notes of an Aesthete , Alice Gribbin gracefully argues in favor of art for art's sake, a concept she calls “every bit as old as the first artworks.” She writes, “A simple desire courses through the blood of our species: to make, to make things other than tools, and not just because particular problems need to be solved but because it is in our nature to make.” Though it’s become fashionable to view art as an instructional tool, a shortcut to empathy, or a therapeutic measure, Gribbin strips us back to basics. Art can do all those things; it can teach, express, soothe, connect. But just as often, art exists because someone made it. Someone wanted to carve that bone, paint that wall, weave that tapestry. A human wanted to see what type of creation they could bring forth, and they did. For so long, art resided in the world of things. Each work of art was unique and authentic. This is still true to some extent; there may be many round-bodied fertility sculptures, but there’s only one Venus of Willendorf . But thanks to books, magazines, cameras, printers, computers, and handheld screens, the physical presence of a work is no longer a requirement for viewership. We can all experience art from a distance, yet people still want to go to museums and temples and galleries because there is something special that happens when you bring your body close to the object. Proximity matters, our senses matter. Photo credit: picture alliance In 1936, theorist Walter Benjamin coined the term aura to describe the special quality of a work of art in both space and time, arguing that a work's aura is dependent not just on its physical qualities, but on its authenticity. You want to see the Venus of Willendorf, not a reproduction of it, because you know that object has been given a sort of psychic weight by the millions of eyes that have previously rested on it. An aura is a form of power that centers on uniqueness (or one-timeness) and accumulated attention. The aura is what makes you feel like the art is looking back at you—like it’s a little alive, a little aware. NFTs are speaking to this same desire for a singular experience, but doing it in a new way. Instead of stressing the importance of being physically with a work of art, as Benjamin did, NFTs focus on the ability to own an authentic piece of the symbolic order. “Authenticity is now a quality of the NFT that represents the original, and the only authenticity available today is statistical uniqueness,” Julia Friedman and David Hawkes write for the Athenaeum Review . “The cries of fear and loathing at the prospect of destroying a Basquiat drawing … or a Banksy print … are not naïve defenses of the artwork’s lost integrity. They are inarticulate but nonetheless passionate protests against the postmodern condition.” In another piece, these same writers go on to argue that the “confusion and scorn” many feel about NFTs is “no mere backwoods Luddism.” As a somewhat inarticulate backwoods Luddite, I have to say that I agree. People recoil from NFTs because they reject the idea that color can be bought and sold (though in this context, it can), and they protest against the invasion of tech into every sphere of their lives (even though it can be very helpful at times), and they feel, logically or not, that something is very wrong with where the digital world is leading us. In the words of L.M. Sacasas , we’re living in a “human-built world [that] is not built for humans,” and we don’t like it. It’s not just that late-stage capitalism has succeeded in monetizing so much of our existence, though that’s a huge part of the problem. It’s also that we are still bodies, still people who need the things people need: food, water, shelter, love, beauty. We haven’t uploaded ourselves into the singularity or the matrix, or whatever. That’s not an option. We can still die from lack of basic goods. We still have needs that can’t be met in cyberspace or the metaverse. I think more of these needs are physical than we like to admit. Food, obviously, can’t be replaced with digital food. But I think it’s proving harder to replace in-person communication and in-person aesthetic experiences than the tech world expected. It’s not just that the tech isn’t good enough to transmit smells or tastes, it’s also that the auras are gone. One morning, on the way back from dropping off my daughter at day care, I stopped short in the middle of the icy winter road and my car skidded. I didn’t hit the deer. As a result of this almost-maiming, I sat for a moment in a heightened state of adrenaline and watched the rest of the herd cross from one side of the dead-end road to the other. The larger deer took their time, walking warily across as though they were aware I could suddenly charge forward in my dented Subaru and end their lives. The last deer was the smallest, and she (I assume) bounded quickly. It was the most ordinary thing, to see a small herd moving across a winter landscape, but I think the herds of grazing an... - Reddit Posts (Sample): [['u/Busy-Instruction-213', 'Is it time to fill up the bag?', 12, '2022-06-01 14:08', 'https://www.reddit.com/r/cro/comments/v2fhh1/is_it_time_to_fill_up_the_bag/', "Couple months ago I was dreaming of getting prices on CRO like this. \n\nWell now it doesn't feel that awesome when my investment is down 80% BUT YTD it's up 50% it actually outperformed BTC and ETH on bigger scale.\n\nSo my question is. Should I fill up my CRO bags now or expect further down side?", 'https://www.reddit.com/r/cro/comments/v2fhh1/is_it_time_to_fill_up_the_bag/', 'v2fhh1', [['u/Necessary-Battle-616', 13, '2022-06-01 14:14', 'https://www.reddit.com/r/cro/comments/v2fhh1/is_it_time_to_fill_up_the_bag/ias0bkp/', 'I get a $300 disability check from the VA and I just use that each month to buy more CRO. Insta DCA just keep putting in when you can', 'v2fhh1']]], ['u/antoniorxq', 'Found Old Bitcoin, Need help', 50, '2022-06-01 15:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/', 'Well.. I literally have no clue what to do but my aim is to convert my old bitcoin into cash.\n\nRecently I was called up about bitcoin and re directed to one of my old accounts (which i completely forgot about) only to find some in the account. I do remember buying BTC a few years ago but thats all i remember.\n\nI am completely clueless when it comes to crypto so please be patient with me.\n\nThe BTC is on a website called "coinstats" and says I\'m holding some...\n\nAny help would be appreciated', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/', 'v2ghk7', [['u/16vJamie', 28, '2022-06-01 15:16', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/ias75r5/', 'Yeah you should be real careful of scammers', 'v2ghk7'], ['u/highvoltageacdc1', 74, '2022-06-01 15:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/ias7xit/', "Just make sure to ignore any/all private messages offering to help you. \n\nCoinstats looks like a tracker. Your bitcoin is likely either on an exchange or in a wallet that you'll (hopefully) have a key to. \n\nEither way, you should be able to tell where it's actually stored from somewhere inside your coinstats account. If it's on an exchange already (and you have login details), you can just cash it in then and there.", 'v2ghk7'], ['u/Deminero30', 15, '2022-06-01 15:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/ias8ctf/', 'Coinstat is used to track your portfolio. You need to find out where you bought the coins.', 'v2ghk7'], ['u/Maca_Najeznica', 11, '2022-06-01 15:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/ias8j3g/', 'No need to announce your exact holdings to every scummbag on this site. Also, RIP your mailbox', 'v2ghk7'], ['u/bitusher', 10, '2022-06-01 15:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasa0bi/', 'Look through your old emails to find out the exchange you used in the past\n\nNot wise at all saying how much btc there is as that is unneeded info I would edit out\n\nplease read the faq , especially the section that says advanced fee fraud as this might be a scam', 'v2ghk7'], ['u/antoniorxq', 12, '2022-06-01 15:52', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasbjet/', 'These people claiming they\'re from "Block Chain"', 'v2ghk7'], ['u/Deminero30', 40, '2022-06-01 15:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasbnkl/', 'Most likely a scam then. Stay clear.', 'v2ghk7'], ['u/Deminero30', 15, '2022-06-01 15:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasbv1f/', "I don't think it's real. It's an elaborate scam.", 'v2ghk7'], ['u/Narmotur', 56, '2022-06-01 17:16', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasmt54/', 'This is almost certainly a scam. The scammers set up a "portfolio" where you can view some address that has funds in it that isn\'t yours, or sometimes just a completely fake website with a fake balance, and then charge you some "fee" or "tax" to withdraw your supposed funds.\n\nIf this was real, tell them to take the fee out of your balance. They will say they can\'t. (Don\'t give them any of your personal information, don\'t send them any scans of IDs, if you\'ve already done any of this reach out to any credit bureau in your location and put a lock on your identity.)', 'v2ghk7'], ['u/antoniorxq', 17, '2022-06-01 17:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasnqz1/', 'Thank you so much for the advice :)', 'v2ghk7'], ['u/BTCMachineElf', 12, '2022-06-01 18:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/v2ghk7/found_old_bitcoin_need_help/iasw303/', "[coinstats.app](https://coinstats.app) appears to be a portfolio tracking site, not an exchange or wallet. If that's true, you have no bitcoin there.\n\nIf the website has a different extension, be wary.\n\nIf you don't remember using coinstats before, then be vary wary.\n\nIf the website says you must deposit some money in order to withdraw, thats a scam.", 'v2ghk7']]], ['u/drA583', 'Was at a Starbucks today. Why do Financial Advisors talk loudly and brag about how money smart they are? Here’s an advise: It doesn’t work. Especially when it sounds like you’re trying to talk over your prospective client and talking down to them.', 303, '2022-06-01 15:30', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/', 'You’re not only annoying to your prospective client, you’re also annoying people around you. LPT: You’re at a Starbucks pitching a commodity product, no need to try to make yourself out as the genius investor. The more you force it, the more you sound like a bitcoin bro.', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/', 'v2h2lr', [['u/Buddyformula', 77, '2022-06-01 15:46', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasat2e/', "I actually paid and took the FA exams. Whenever I get approached by these FA and they realize I know as much as them they get shocked and leave me alone. Cause they know I won't sign for their stupid investment link policy. I rather put it in apple stock.", 'v2h2lr'], ['u/SadEtherealNoob69420', 58, '2022-06-01 16:02', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iascsyv/', 'Just buy gamestop. Dont need FA', 'v2h2lr'], ['u/Ahn_JiYoung', 71, '2022-06-01 16:10', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasdxo8/', 'if they really knew so much about how to make money, they would just be making money not wasting time teaching others how to make money', 'v2h2lr'], ['u/thepalom22', 124, '2022-06-01 16:16', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasepxb/', "Because they're part of a toxic system that promotes such shitty jobs.", 'v2h2lr'], ['u/[deleted]', 13, '2022-06-01 16:28', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasgbmi/', 'because most of them are bitcoin bros. Financial advisor is a sales job. So you may be skeptical of the true financial awareness and capabilities of these people unless you know them personally.', 'v2h2lr'], ['u/iluvnarchoa', 33, '2022-06-01 17:08', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iaslpp6/', 'Lol, ex classmate contact me to ask if she can be my financial advisor but chicken out.', 'v2h2lr'], ['u/ValentinoKapparino', 64, '2022-06-01 17:19', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasn7zh/', "Was approached by a FA. \n\nFA: It seems that I've nothing to offer you\n\nMe: 😎", 'v2h2lr'], ['u/naeled', 23, '2022-06-01 17:53', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasryl3/', 'Did you learn anything useful and have you applied it on any of the investments you’ve done for yourself? (I’m assuming you’re not an FA at the moment.)', 'v2h2lr'], ['u/AndrewTheAverage', 26, '2022-06-01 18:20', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iasvucl/', 'The smaller the penis, the louder the voice', 'v2h2lr'], ['u/Chinpokomaster05', 19, '2022-06-01 19:11', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iat34yl/', 'About the many insurance investment plans they already have lol', 'v2h2lr'], ['u/LookAtItGo123', 27, '2022-06-01 20:14', 'https://www.reddit.com/r/SingaporeRaw/comments/v2h2lr/was_at_a_starbucks_today_why_do_financial/iatcbcn/', "You need to take 4 papers. \n\nM5 deals with rules and regulations so you are expected to know all the relevant bodies and the different terms separating anything that is allowed to hold money, its the driest stuff ever and has almost no relevance to investments unless you wanna work in finance sector in Singapore. \n\nM9 and M9A is the meat of things, here you are introduced to very basics of trading so you'll learn things like how futures works, what other financial vehicles there are and a very brief of how calculations are done. But they still add almost nothing of value if you wanna be a trader or retail investor\n\nM8 and M8A is optional. It deals with unit trusts which now gives a little more info but similar to 9.\n\nHI is health insurance which again has little relevance. \n\nSo overall its good to know, but you'll learn more on how to invest from r/wallstreetbets and that's saying alot considering on how far that sub has devia... Based 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:** ['Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nGood morning. Here’s what’s happening:\nPrices:Bitcoin and other major cryptos decline.\nInsights:South Korea\'s government is taking a harder look at cryptocurrencies.\nTechnician\'s take:Long-term momentum remains negative, capping upside moves in price.\nCatch the latest episodes ofCoinDesk TVfor insightful interviews with crypto industry leaders and analysis. Andsign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.\nBitcoin (BTC):$29,784 -6.2%\nEther (ETH):$1,818 -6.2%\nBitcoin and Other Cryptos Sink\nInvestors on Wednesday decided that bitcoin wasn\'t such a good deal after all – or nearly any other major cryptocurrency, for that matter.\nThe largest cryptocurrency by market capitalization was recently trading just below $30,000, a more than 6% drop over the past 24 hours that relinquished much of the gains posted during a U.S. holiday weekend surge. Bitcoin was changing hands at over $32,000 as recently as Tuesday morning as markets responded to the relaxation of COVID-19 restrictions in China and the faint possibility that the U.S. central bank might relax its monetary hawkishness much later this year.\nAll that good faith had faded into the mists by early Wednesday, with investors returning whole hog to the risk-aversiveness that has colored their moves for much of the past eight months. Ether was also down over 7% over the same period, trading at about $1,800. Other major cryptocurrencies sank even deeper with luna classic (LUNC), the new name for the original LUNA on the Terra protocol, falling 61% at one point. SOL and ADA both declined about 12%, while DOT was down roughly 9%.\n"Bitcoin\'s price action today is not entirely surprising," Joe DiPasquale, the CEO of crypto fund manager BitBull, wrote to CoinDesk. "Not only is it facing pressure from traditional markets, it has also been struggling to breach the resistance zone between $31K-$32K, resulting in a breakdown from the range it set over the weekend."\nMajor stock indexes dropped with the tech-heavy Nasdaq and S&P 500 each closing off 0.7% as investors renewed their concerns about high inflation and the prospect of recession. Gold and the 10-year Treasury yield both rose.\nAt a business conference Wednesday, JPMorgan Chase CEO, and crypto skeptic, Jamie Dimon told investors and analysts the bank would be conservative with its balance sheet, and to prepare for rough economic times. Dimon said he was worried about central bank quantitative tightening and the continued fallout from Russia\'s invasion of Ukraine. “Right now, it’s kind of sunny, things are doing fine, everyone thinks the [U.S. Federal Reserve] can handle this,” Dimon said. “That hurricane is right out there, down the road, coming our way.\nBitcoin closed May, a historically strong month, well in the red, although it outpaced altcoins. That reflected investors\' preference for the digital asset considered the least risky. Still, BitBull\'s DiPasquale was skeptical that bitcoin could turn upward quickly. ”Moving forward, bitcoin will need to see significant buying activity and a major sentiment shift for any hopes of a quick reversal," he wrote.\nS&P 500: 4,101 -0.7%\nDJIA: 32,813 -0.5%\nNasdaq: 11,994 -0.7%\nGold: $1,846 +0.5%\nSouth Korea has been a hotbed of interest in cryptocurrencies.\nThat was clear less than three months ago when South Korea\'s two main presidential candidates were jockeying to see who could appeal to younger voters as the most crypto friendly.\nBut the country\'s lawmakers have been taking a harder look at digital assets in recent weeks, particularly afterthe collapseof the terraUSD stablecoin (UST) and the luna token that supported it. The UST implosion swept up an estimated 280,000 Korean investors.\nAccording to a report on Tuesday by the Korean news outlet NewsPim, the South Korean government will form a Digital Assets Committee, perhaps as early as this month, specifically to oversee the digital assets market in light of the Terra debacle. The committee will provide criteria for the listing of coins by exchanges, introduce investor protections measures and monitor unfair trading.\nThe initiative followed widespread calls for the establishment of an entity that could function similar to regulatory agencies that protect stock market investors. That responsibility for crypto currently falls to a range of government departments and watchdogs, such as the Ministry of Strategy and Finance, the Financial Services Commission and the Ministry of Science and ICT (information and communications technology).\nCalls forincreased oversight of the crypto industry were raisedat a National Assembly emergency seminar last week. "We need to make exchanges play their proper role, and toward that end it is crucial for watchdogs to supervise them thoroughly," Rep. Sung Il-jong of the ruling People Power Party said.\nHow the creation of a crypto-focused committee dovetails with the proposal by Yoon Suk-yeol, the conservative candidate who won the March presidential election, "to confiscate crypto profits gained through illegitimate means and return them to the victims" is not clear.\nBitcoin Slips as Relief Bounce Loses Steam, Support at $27K\nBitcoin (BTC) pared earlier gains after buyers took some profits below the $33,000resistancelevel. The cryptocurrency could findsupport, initially at $27,500 and then at $25,000.\nThe relative strength index (RSI) on the four-hour chart reachedoversoldlevels on Monday, which preceded the current pullback in price. And on the daily chart, the RSI returned below the 50 neutral mark, indicating a temporary loss in upside momentum.\nOn the weekly chart, bitcoin appears to be oversold, albeit with negative momentum signals. That suggests upside could be limited beyond $35,000.\nFor now, BTC is roughly one week away from registering adownside exhaustionsignal, which previously occurred on June 7 of last year and on Jan. 10 this year. Still, a weekly close above $30,000 is needed to confirm a bullish short-term signal.\nIf further breakdowns occur, secondary support is seen at $17,673.\nBlockchain Fest Singapore 2022\n9 a.m. HKT/SGT(1 a.m. UTC):Opec and non OPEC ministerial meeting\n10 a.m. HKT/SGT(2 a.m. UTC): Eurostat producer price index (MoM/YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nNansen Analyst on Role of Whales in UST De-Pegging; Will BTC Hold Above $31K?\nNansen principal research analyst Aurelie Barthere joined "First Mover" to discuss the firm\'s research suggesting multiple parties were involved in the collapse of stablecoin terraUSD (UST). Also, Waves founder and lead developer Sasha Ivanov shared his plan to revamp Waves\' USDN after that stablecoin depegged twice in the past three months. Plus, Rob Frasca of Cosimo Ventures provided crypto markets insights.\nBinance Labs Raises $500M Fund for Web 3, Blockchain Investments:The new fund will invest in cryptocurrency companies in three stages spanning from incubation to late-stage growth.\nPolygon Increases KYC Scrutiny of Potential Investments and Grants in India:Polygon is now requiring extensive customer details for prospective partners in India as regulatory scrutiny there grows, according to a source.\nMegan Kaspar: Meta-a-Porter Fashion:A pioneer in digital luxury fashion weighs in on the future of wear-to-earn and online photorealism. Kaspar is a speaker at CoinDesk\'s Consensus festival starting June 9.\nCrypto Banking Rules Now Due This Year From Basel Committee:The group cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase.\nBinance-Supported Deal for Forbes to Go Public Via SPAC Is Called Off: Report:Binance had invested $200 million in Forbes earlier this year as part of the plan.\nWhy You Should Consider Pooling Support Behind DeFi’s PoolTogether:A class-action lawsuit winding through New York’s court system is frivolous and counters crypto’s core principles.\nToday\'s crypto explainer:5 Principles to Guide Design in the Metaverse\nOther voices: The Crypto Bros Are Snapping Up Manhattan Real Estate(The New York Times)\n"Shanghai formally ended its two-month citywide lockdown today, cautiously giving free rein to 2.67 million businesses from corner shops to multinational manufacturers to resume operations after the city brought its [COVID-19] outbreak under control." (South China Morning Post) ... "Despite the still eye-popping margins, miners are in a tough spot. Most publicly listed mining companies – including industry leaders Riot, Marathon and Core Scientific – have seen their market capitalization plummet by well over 50[%]. Both Riot and Core Scientific have missed their bullish revenue estimates and have conservatively revised their expansion plans." (Wired) ... "The Decoupling. The latest iteration of “hopium” for bitcoiners and crypto natives. When it finally inevitably happens, it’ll be up only for Big Crypto and down only for Big Fiat. But what it actually means is a bit funny. The Decoupling is the moment when bitcoin’s price diverges from equities and starts going up when equities go down (and vice versa). The Decoupling is the moment when bitcoin (BTC) and equities become negatively correlated to each other. Bitcoin will go to $1 million a coin and equities will spiral to zero." (CoinDesk Research analyst George Kaloudis)', 'Don\'t miss CoinDesk\'s Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: Bitcoin and other major cryptos decline. Insights: South Korea\'s government is taking a harder look at cryptocurrencies. Technician\'s take: Long-term momentum remains negative, capping upside moves in price. Catch the latest episodes of 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: 2022-06-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $577,444,949,538 - Hash Rate: 185776037.10742992 - Transaction Count: 264901.0 - Unique Addresses: 664442.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Fintech and digital payments giant Block (SQ), formerly Square, reported late Thursday first-quarter results that missed analysts' expectations. Total revenue for the quarter was $3.96 billion, compared with the $4.1 billion that analysts were expecting on average according to FactSet. Excluding bitcoin, total net revenue was $2.23 billion, up 44% from the same period a year ago. Adjusted earnings per share were 18 cents, compared with analysts' average estimate of 20 cents. Cash App, a peer-to-peer payments service that allows users to directly buy and sell bitcoin, generated $1.73 billion in bitcoin transactions and $43 million of gross profit in the first quarter. In the fourth quarter of last year, Block generated $1.96 billion in bitcoin transactions and $46 million of gross profit. The company didn't recognize any impairment losses in the quarter on bitcoin and said that as of March 31, the fair value of its investment in bitcoin was $366 million, versus the carrying value of the investment of $149 million. Block said in its statement that as of the end of the quarter, more than 10 million Cash App accounts had bought bitcoin since the product was introduced. Shares of Block rose about 4% to $99.50 in after-hours trading on Thursday. Shares fell more than 10% on Thursday ahead of its earnings release, as the Nasdaq dropped 5%. The company will be holding an earnings call with analysts at 5 p.m. ET. Read More: Block Notifies 8.2M Customers After Breach of Cash App Investing View comments... - Reddit Posts (Sample): [['u/isntampgreat', 'Can’t wait til we decouple from btc- it’s coming!!!', 31, '2022-06-02 00:32', 'https://www.reddit.com/r/AMPToken/comments/v2thbd/cant_wait_til_we_decouple_from_btc_its_coming/', 'Super good news about chipotle today. We should see some some good price action. We just need to decouple and go up on our own. Flexa and amp make crypto work and soon all will know!', 'https://www.reddit.com/r/AMPToken/comments/v2thbd/cant_wait_til_we_decouple_from_btc_its_coming/', 'v2thbd', [['u/ronthegr8', 43, '2022-06-02 00:41', 'https://www.reddit.com/r/AMPToken/comments/v2thbd/cant_wait_til_we_decouple_from_btc_its_coming/iaudz04/', "sadly, it's gonna take a lot more than chipotle.", 'v2thbd'], ['u/ronthegr8', 17, '2022-06-02 01:18', 'https://www.reddit.com/r/AMPToken/comments/v2thbd/cant_wait_til_we_decouple_from_btc_its_coming/iauiqe4/', "I'm as happy as anyone here with amp being my biggest bag and keeps growing. All I'm saying is we gotta keep it real and just having chipotle won't change the price much. it is what it is I mean no hate at all.", 'v2thbd'], ['u/Bullishhhhhh', 20, '2022-06-02 03:32', 'https://www.reddit.com/r/AMPToken/comments/v2thbd/cant_wait_til_we_decouple_from_btc_its_coming/iauzjwe/', 'I’m not trying to be negative but spending crypto will not be the reason why amp blows up. Amp processing fiat transactions will be the reason why amps price will explode! Believe me Tyler and the team have everything under control', 'v2thbd']]], ['u/yuiohjkl643', '(First) bear trap?', 11, '2022-06-02 01:50', 'https://www.reddit.com/r/Bitcoin/comments/v2v8x6/first_bear_trap/', 'It all reminds me of the PA between 1999-2008 of the SPX500. First big rally to the upside (internet hype). Then the bubble burst and the market collapsed. Then the market recovered and went over the highs and grabbed the liquidity twice and the whales went short and then the market collapsed again and price went below the prices of 2001 ish, the whales grabbed the liquidity and price quickly went back into the range established and went to the top weekly close of the accumulation range of the lows of the first crash and then the final crash happened, a second grab of liquidity lasting longer to make the last people fold and then the bull run began. This all turned out to form a massive macro bullish harmonic pattern (think its a shark not sure).\n\nAnyways Bitcoin is doing the exact same it runs to 65k then flash crashes to 30k and forms an accumulation range, runs back up and grabs the liquidity twice above 65k a few months later and the market crashed below the accumulation range of may 2021 and ofc the whales grabbed the liquidity and we are trading back in the range.\n\nSo far it’s doing the exact same thing as SPX500 back then and I’m not much of a fractal trader but I think in this case the psychology behind it is really valueable and therefor I think It is very likely btc will go to the highest weekly close of may-July accumulation range (38-39k) and probably a shakeout range and then the final flush which will last much longer before the bullish (shark) will be complete and a new bull run will begin (no crypto winter).\n\nThoughts?', 'https://www.reddit.com/r/Bitcoin/comments/v2v8x6/first_bear_trap/', 'v2v8x6', [['u/CDNWSYOLOER', 13, '2022-06-02 02:07', 'https://www.reddit.com/r/Bitcoin/comments/v2v8x6/first_bear_trap/iauos9g/', 'Who cares about short term price action or even price action at all. Focus on adoption/convenience and value will increase over time like it has been', 'v2v8x6']]], ['u/bombasticah', 'Fellow apes that either love or hate bitcoin hear me out', 48, '2022-06-02 01:58', 'https://www.reddit.com/r/Wallstreetsilver/comments/v2vfae/fellow_apes_that_either_love_or_hate_bitcoin_hear/', 'I think from the posts that I\'m seeing that most people here don\'t understand the difference between silver/gold and bitcoin (not talking about other cryptos). Gold and silver are MONEY. That means that they hold their value over time. This is exactly what you want out of money, for it to be a fixed standard measurement of your effort and time. This creates a society that is healthy and growing. I think most of the apes out here want this.\n\nBitcoin is NOT gold, nor is it silver, nor will it ever be money. It is a speculative asset, the furthest thing from money. It can be used as a trading mechanism but it has a limited quantity unlike the fed debt notes (do your research if you don\'t believe me). The value that one would trade real money for bitcoin will always change because it\'s value is derived from either fear or greed mentality in the market. Personally I think that bitcoin as a decentralized (and inherently deflationary) system will help take down fiat and CBDC\'s along with the COMEX manipulation. \n\nStacking silver and having some speculative assets (i.e. stocks, bitcoin, land, houses) in your portfolio is called being diverse for whatever may happen in the future. Please don\'t hate on others for wanting a balance in their net worth. I am reminded of one of my favorite stories from the Ender series by Orson Scott Card\n\n“A Great Rabbi stands, teaching in the marketplace. It happens that a husband finds proof that morning of his wife\'s adultery, and a mob carries her to the marketplace to stone her to death.\n\nThere is a familiar version of this story, but a friend of mine - a Speaker for the Dead - has told me of two other Rabbis that faced the same situation. Those are the ones I\'m going to tell you.\n\nThe Rabbi walks forward and stands beside the woman. Out of respect for him the mob forbears and waits with the stones heavy in their hands. \'Is there any man here,\' he says to them, \'who has not desired another man\'s wife, another woman\'s husband?\'\nThey murmur and say, \'We all know the desire, but Rabbi, none of us has acted on it.\'\n\nThe Rabbi says, \'Then kneel down and give thanks that God has made you strong.\' He takes the woman by the hand and leads her out of the market. Just before he lets her go, he whispers to her, \'Tell the Lord Magistrate who saved his mistress, then he\'ll know I am his loyal servant.\'\n\nSo the woman lives because the community is too corrupt to protect itself from disorder.\n\nAnother Rabbi. Another city. He goes to her and stops the mob as in the other story and says, \'Which of you is without sin? Let him cast the first stone.\'\n\nThe people are abashed, and they forget their unity of purpose in the memory of their own individual sins. ‘Someday,’ they think, ‘I may be like this woman. And I’ll hope for forgiveness and another chance. I should treat her as I wish to be treated.’\n\nAs they opened their hands and let their stones fall to the ground, the Rabbi picks up one of the fallen stones, lifts it high over the woman’s head and throws it straight down with all his might. It crushes her skull and dashes her brain among the cobblestones. ‘Nor am I without sins,’ he says to the people, ‘but if we allow only perfect people to enforce the law, the law will soon be dead – and our city with it.’\n\nSo the woman died because her community was too rigid to endure her deviance.\n\nThe famous version of this story is noteworthy because it is so startlingly rare in our experience. Most communities lurch between decay and rigor mortis and when they veer too far they die. Only one Rabbi dared to expect of us such a perfect balance that we could preserve the law and still forgive the deviation.\n\nSo of course, we killed him."\n\n-Orson Scott Card\nSpeaker for the Dead', 'https://www.reddit.com/r/Wallstreetsilver/comments/v2vfae/fellow_apes_that_either_love_or_hate_bitcoin_hear/', 'v2vfae', [['u/tdtwedt', 11, '2022-06-02 02:05', 'https://www.reddit.com/r/Wallstreetsilver/comments/v2vfae/fellow_apes_that_either_love_or_hate_bitcoin_hear/iauojwl/', 'Bitcoin price is propped up by fake Tether and other stablecoins like USDC. Bitcoin will crash even further when Tether is shut down.', 'v2vfae'], ['u/10lbsBass', 11, '2022-06-02 02:21', 'https://www.reddit.com/r/Wallstreetsilver/comments/v2vfae/fellow_apes_that_either_love_or_hate_bitcoin_hear/iauqng6/', 'Asset?\n\n![gif](giphy|LSc2GGrC81nq1janRg|downsized)', 'v2vfae']]], ['u/SkepticalCryptoDude', 'Crypto Influencers are shady', 55, '2022-06-02 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/v2vl0p/crypto_influencers_are_shady/', 'When I was new to the crypto space, I tried to be a sponge sucking up all of the information I could. However, back then I was naive and listened to influencers.\n\nNow to those who have been here for awhile this seems blatantly obvious, but for newbies it might not. \n\nInfluencers.Often.Get.Paid.To.Shill. Projects. \n\nBeing on Twitter so often as well, I’m starting to think people are also getting paid to spread FUD… yes believe or not this is going on in the crypto space right now.\n\nDo your own damn research. Influencers don’t care about you and are only pumping their bags and doing what’s best for them.\n \nDo some of them have decent information? Sure, but stay far away from price predictions. Stay faaaar away. So many people got rekt because every influencer said BTC was going to 100k EOY 2021. \n\nIn the comments, I’d like you guys to list methods where one can do their own research. \n\nThanks for reading, stay safe out there!', 'https://www.reddit.com/r/CryptoCurrency/comments/v2vl0p/crypto_influencers_are_shady/', 'v2vl0p', [['u/milonuttigrain', 10, '2022-06-02 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/v2vl0p/crypto_influencers_are_shady/iaup3ki/', 'This has been repeatedly mentioned all the times.\n\nListen to no influencers. Make your own decisions.', 'v2vl0p'], ['u/Maxx3141', 29, '2022-06-02 02:13', 'https://www.reddit.com/r/CryptoCurrency/comments/v2vl0p/crypto_influencers_are_shady/iaupiuc/', 'Guess the Youtuber from this channel overview:\n\n:O :O :O :O\n\n:O :O :O :O\n\n:O :O :O :O', 'v2vl0p'], ['u/iaco56', 18, '2022-06-02 02:15'... Based 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:** ['Key Insights: It was a bullish Thursday for bitcoin (BTC) and the broader market, with bitcoin returning to $30,000. The upside came despite hawkish FOMC member chatter, with a NASDAQ 2.69% rally delivering support. On Friday, we can expect market sensitivity to US nonfarm payrolls, with solid numbers likely to test support levels. It was a bullish Thursday session for the crypto market, with the crypto top ten seeing volatility from May continuing into June. There were no major news updates from regulators to spook investors, leaving the crypto market to take its cues from the US equity markets. For bitcoin ( BTC ), it was a fifth day in the green from six sessions, with a return to $30,000 the key for the broader market. Crypto Market Cap Avoids Sub-$1,200 Billion but Remains Down Following a $100 billion slump in the total crypto market cap on Wednesday, the total market cap increased by $22 billion on Thursday. Total Crypto Market Cap Daily Chart 030622 24-hour crypto liquidations fell back from Wednesday highs, reflecting improving market conditions. According to Coinglass , 24-hour total liquidations stood at $196.57 million, down from $500 million levels. Liquidations over the last hour were also market-friendly at $2.31 million. Total Liquidations 030622 ADA partially recovered Wednesday’s 11.98% tumble, rising by 6.53% to lead the way. BNB (+2.63% ), BTC (+2.18%), ETH (+0.90%), DOGE (+2.18%), SOL (+1.86%), and XRP (+1.83%) also found support. Looking at the top 100, Internet Computer ( ICP ) led the way, surging by 23.7% supported by investors buying on the dip. ICP slumped by 33.4% in May and is down 66% year-to-date. Bitcoin Tracked the NASDAQ 100 in a Relief Rally Economic data from the US was more market-friendly on Thursday. Nonfarm payroll figures from the ADP disappointed, with similar numbers today likely to deliver crypto market support. According to the ADP, nonfarm payrolls increased by 128k, down from a 211k increase in April. Economists forecast a 300k rise. After a bitcoin recoupling with the NASDAQ this week, a 2.69% rally delivered bitcoin and the broader crypto market support. Story continues At the time of writing, the NASDAQ 100 mini was up 25.75 points, with bitcoin down 0.09% to $30,451. BTC-NASDAQ 030622 Daily Chart Away from the Crypto Moves, NY Fed President John Williams called it critical for central banks to understand the crypto impact on monetary policy. The US DoJ charged an ex-OpenSea employee with insider trading of NFTs. Goldman Sachs ‘ revealed that major insurance companies are slowly warming to crypto investments.’ Coinbase announced an extension to its hiring freeze and plans to rescind accepted job offers to navigate the current macroeconomic environment. US CFTC sued crypto exchange Gemini for making false and misleading statements in 2017. This article was originally posted on FX Empire More From FXEMPIRE: Ontario premier Ford returns with bigger majority as conservatives win second term France’s Macron seen winning parliament majority but PM Borne unpopular, poll shows Papua New Guinea leader warns Opposition not to ‘play politics’ with China visit Australian tech billionaire takes on Elon Musk’s ‘return to office’ directive Burger King caught in complex legal web, thwarting Russia exit Solid U.S. job growth anticipated in May; unemployment rate seen at 3.5%', 'Key Insights: It was a bullish Thursday for bitcoin (BTC) and the broader market, with bitcoin returning to $30,000. The upside came despite hawkish FOMC member chatter, with a NASDAQ 2.69% rally delivering support. On Friday, we can expect market sensitivity to US nonfarm payrolls, with solid numbers likely to test support levels. It was a bullish Thursday session for the crypto market, with the crypto top ten seeing volatility from May continuing into June. There were no major news updates from regulators to spook investors, leaving the crypto market to take its cues from the US equity markets. For bitcoin ( BTC ), it was a fifth day in the green from six sessions, with a return to $30,000 the key for the broader market. Crypto Market Cap Avoids Sub-$1,200 Billion but Remains Down Following a $100 billion slump in the total crypto market cap on Wednesday, the total market cap increased by $22 billion on Thursday. Total Crypto Market Cap Daily Chart 030622 24-hour crypto liquidations fell back from Wednesday highs, reflecting improving market conditions. According to Coinglass , 24-hour total liquidations stood at $196.57 million, down from $500 million levels. Liquidations over the last hour were also market-friendly at $2.31 million. Total Liquidations 030622 ADA partially recovered Wednesday’s 11.98% tumble, rising by 6.53% to lead the way. BNB (+2.63% ), BTC (+2.18%), ETH (+0.90%), DOGE (+2.18%), SOL (+1.86%), and XRP (+1.83%) also found support. Looking at the top 100, Internet Computer ( ICP ) led the way, surging by 23.7% supported by investors buying on the dip. ICP slumped by 33.4% in May and is down 66% year-to-date. Bitcoin Tracked the NASDAQ 100 in a Relief Rally Economic data from the US was more market-friendly on Thursday. Nonfarm payroll figures from the ADP disappointed, with similar numbers today likely to deliver crypto market support. According to the ADP, nonfarm payrolls increased by 128k, down from a 211k increase in April. Economists forecast a 300k rise. After a bitcoin recoupling with the NASDAQ this week, a 2.69% rally delivered bitcoin and the broader crypto market support. Story continues At the time of writing, the NASDAQ 100 mini was up 25.75 points, with bitcoin down 0.09% to $30,451. BTC-NASDAQ 030622 Daily Chart Away from the Crypto Moves, NY Fed President John Williams called it critical for central banks to understand the crypto impact on monetary policy. The US DoJ charged an ex-OpenSea employee with insider trading of NFTs. Goldman Sachs ‘ revealed that major insurance companies are slowly warming to crypto investments.’ Coinbase announced an extension to its hiring freeze and plans to rescind accepted job offers to navigate the current macroeconomic environment. US CFTC sued crypto exchange Gemini for making false and misleading statements in 2017. This article was originally posted on FX Empire More From FXEMPIRE: Ontario premier Ford returns with bigger majority as conservatives win second term France’s Macron seen winning parliament majority but PM Borne unpopular, poll shows Papua New Guinea leader warns Opposition not to ‘play politics’ with China visit Australian tech billionaire takes on Elon Musk’s ‘return to office’ directive Burger King caught in complex legal web, thwarting Russia exit Solid U.S. job growth anticipated in May; unemployment rate seen at 3.5%', '• On Thursday, bitcoin rose by 2.18% to log a fifth daily gain from six sessions.\n• While market angsts over inflation and Fed monetary policy lingered, a NASDAQ rally delivered support ahead of Friday’s US nonfarm payroll numbers.\n• Bitcoin (BTC) technical indicators flash red, with bitcoin sitting at the 100-day EMA.\nOn Thursday, bitcoin (BTC) gained 2.18%. Partially reversing a 6.27% slide from Wednesday, bitcoin ended the day at $30,440.\nA mixed start saw bitcoin fall to an early morning low of $29,574 before finding support.\nSteering clear of the day’s Major Support Levels, bitcoin rallied to a late intraday high of $30,647.\nFalling short of the First Major Resistance Level at $31,389, however, bitcoin slipped back to sub-$30,500.\nA lack of regulatory chatter left bitcoin and the broader crypto market in the hands of the US equity markets. A NASDAQ rally delivered support through the afternoon session.\nToday, the Fear & Greed Index fell from 13/100 to 10/100 despite bitcoin’s return to $30,000.\nWhile falling deeper into the “Extreme Fear” zone, the Index held above May’s low of 8/100.\nRegulatory uncertainty and investor jitters over the economic outlook, inflation, and Fed monetary policy remain market negative.\nOn Friday, US nonfarm payroll figures (NFP) for May could define the Fed’s interest rate path through to September. We, therefore, expect bitcoin sensitivity to Friday’s figures.\nDisappointing US nonfarm payroll figures from the ADP delivered the NASDAQ with support on Thursday. According to the ADP, nonfarm payrolls increased by 128k in May, falling short of a forecasted 300k rise. In April, US nonfarm payrolls had risen by 211k.\nThe latest 24-hour liquidation figures reflected improving investor sentiment.\nAccording toCoinglass, 24-hour BTC liquidations stood at $117.21 million, down from $350 million levels, and just $0.459 million for the last hour.\nAt the time of writing, BTC was up 0.04% to $30.453.\nBitcoin rose to an early high of $30,490 to test resistance at $30,500 at the turn of the day.\nBTC will need to avoid the $30,220pivotto target the First Major Resistance Level at $30,866.\nBTC would need the broader crypto market to support to break out from $30,500.\nAn extended rally would test the Second Major Resistance Level at $31,295 and resistance at $32,000. The Third Major Resistance Level sits at $32,366.\nA fall through the pivot would test the First Major Support Level at $29,791. Barring another extended sell-off, BTC should steer clear of sub-$29,000 levels. The Second Major Support Level at $29,145 should limit the downside.\nLooking at theEMAsand the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits on the 100-day EMA, currently at $30,271. The 50-day narrowed to the 100-day EMA. The 100-day EMA closed in on the 200-day EMA, BTC positive.\nA move through the 100-day EMA would support a run at $32,000. Friday’s US nonfarm payrolls could prove key.\nThisarticlewas originally posted on FX Empire\n• Test makers target monkeypox market as cases surge\n• Rheinmetall makes non-binding offer for Leonardo’s OTO Melara unit -sources\n• Walmart to add 4,000 jobs with four new U.S. fulfillment centers\n• Solid U.S. job growth anticipate **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: 2022-06-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $563,975,632,438 - Hash Rate: 212527786.45089987 - Transaction Count: 267517.0 - Unique Addresses: 678027.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Financial Industry Regulatory Authority is due to cease taking comments from the asset management industry and the public Monday on a proposal that could curb consumers from accessing a swath of exchange-traded products with exposure to securities that aren’t solely stocks or bonds. Approximately 750 comments were posted on the proposal’s public comment directory of 11 a.m. Eastern Time, with the vast majority being in opposition. It is unclear how many comments may not be public because they were submitted through the mail. The proposal doesn’t define a “complex product,” but uses defined-outcome ETFs, crypto futures funds, and leveraged and inverse products as examples. Those suggest a broader definition than what the Securities and Exchange Commission considers to be “complex.” SEC Chairman Gary Gensler used “complex” to describe geared ETFs last October when announcing a staff review of the exchange-traded product class. FINRA is asking its members to consider industrywide rules ranging from requiring retail investors to take courses to prove their acumen to restricting customer access to such products to high net worth or accredited investors. Industry Response The proposal could restrict ETF issuers from freely offering a swath of funds to the growing retail investor class. VanEck Securities Corp. said in its comments that the rules could overturn the long-standing legal basis of regulators requiring disclosure for investors to make their own informed decisions, rather than not allowing investors access to certain products. “The Notice foreshadows a world that upends this bargain, where a FINRA member would be required to substitute its judgment and risk tolerance for that of its clients,” the firm said. Ric Edelman, the former chairman of the $291 billion advisory service Edelman Financial Engines, called a competency exam “fatally flawed” and said it would undermine efforts to teach Americans financial literacy. “Asking consumers to pass a test proving they are knowledgeable about investments before they can invest is like asking patients to pass a test about health care before they are permitted to swallow a pill,” he said. Story continues He instead suggested that FINRA encourage investors to rely on advisors that have already passed professional tests. Longtime ETF industry veteran Phil Bak said the restrictions would hurt financial innovations. He also argued against setting a standard for investor intelligence, particularly since there is complexity in understanding how stocks perform. “Is it not easier to understand how a covered-call strategy fund works than to understand whether a tech company’s algorithms subject the company to antitrust lawsuit risk?” he asked. What’s Next? A FINRA spokesman did not specify if the agency has a timeline for reviewing comments or submitting a formal proposal through its review process. Any proposal must be reviewed by its chief economist to assess possible economic impacts . The agency is required to submit a rule proposal to advisory committees and eventually its top board. If that board endorses the rule change, FINRA would then send it to the SEC for a self-regulatory organization (SRO) review and publication in the Federal Register. Exchanges have submitted SRO rule change requests in the past several years in their efforts to list spot bitcoin ETFs and other alternative strategies. If the timeline for bitcoin ETF filings is any guide, any rule based on FINRA’s proposal would take at least six months to take effect on top of its own internal process. Contact Dan Mika at [email protected] , and follow him on Twitter Recommended Stories SEC’s Gensler Reiterates Focus On ‘Complex Products’ SEC Approves Valkyrie’s ’33 Act Bitcoin Futures ETF WisdomTree Saga Heats Up After Agreement Falters Hot Reads: EU To Phase Out Russian Oil By Year's End Permalink | © Copyright 2022 ETF.com. All rights reserved... - Reddit Posts (Sample): [['u/Chris-G-O', 'Buckle up: IEA: Current Energy Crisis Is “Much Bigger” Than 1970s Oil Crunch', 11, '2022-06-03 00:21', 'https://www.reddit.com/r/Hedera/comments/v3kjck/buckle_up_iea_current_energy_crisis_is_much/', "[IEA: Current Energy Crisis Is “Much Bigger” Than 1970s Oil Crunch](https://ca.movies.yahoo.com/iea-current-energy-crisis-much-160000091.html)\n\nIn light of this: [France Prepares Measures to Avoid Power Shortfall This Winter](https://www.bloomberg.com/news/articles/2022-06-01/france-prepares-measures-to-avoid-power-shortfall-this-winter#xj4y7vzkg) (Note: until recently France used to be one of Europe's energy net-exporters)\n\nIf you're wondering why I am posting this, the answer is simple: Bitcoin rules the crypto market but it needs +885 KWh *per transaction* or *anywhere* [from +43 to +177 TWh per year.](https://www.statista.com/statistics/881472/worldwide-bitcoin-energy-consumption/) Where is Bitcoin going to find the amounts of energy it requires to exist?\n\nI don't know about you but personally speaking I am buckling up for a true hell of a ride.\n\n\\-----\n\nEDIT: less than 24hrs from posting this: [New York just passed a bill cracking down on bitcoin mining — here's everything that's in it](https://www.msn.com/en-us/money/markets/new-york-just-passed-a-bitcoin-mining-ban-e2-80-94-heres-everything-thats-in-it/ar-AAY1mZP)\n\n​", 'https://www.reddit.com/r/Hedera/comments/v3kjck/buckle_up_iea_current_energy_crisis_is_much/', 'v3kjck', [['u/AltruisticBicycle2', 12, '2022-06-03 00:52', 'https://www.reddit.com/r/Hedera/comments/v3kjck/buckle_up_iea_current_energy_crisis_is_much/iaywqrj/', 'One of the reasons why Hedera is superior other than the fact its safer, faster, more scalable, cheaper, and is even more sustainable, especially with the HBAR Foundation creating a $100M sustainability fund to support environment friendly projects building on Hedera', 'v3kjck']]], ['u/pchandle_au', 'you know adoption is growing when...', 41, '2022-06-03 04:48', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/', 'You pause on the footpath to let two strangers on motorised scooters pass and overhear "...and they accept Bitcoin for payment..."\nI love living in the Bitcoin Cash City.', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/', 'v3pm1a', [['u/jessquit', 12, '2022-06-03 10:29', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/ib0jycw/', 'Bitcoin Cash BCH is [Bitcoin: a Peer-to-peer Electronic Cash System](https://bitcoin.com/bitcoin.pdf)\n\nBitcoin BTC is a reengineered form of Bitcoin intended to be a financial settlement system.\n\nBoth derive from the original Genesis block but only one maintains consensus rules consistent with the intent of the projects founders and that of the original investors, incl. myself. Only that version of Bitcoin maintains the original value proposition of enabling hard money casual transactions between any two willing parties with no need of a financial intermediary.', 'v3pm1a'], ['u/EmergentCoding', 12, '2022-06-03 12:42', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/ib0sxt0/', 'In the Bitcoin Cash City there are no merchants accepting BTC, only Bitcoin Cash. Folks there commonly refer to Bitcoin Cash as just Bitcoin.', 'v3pm1a'], ['u/EmergentCoding', 11, '2022-06-03 12:43', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/ib0t0rx/', 'In Australia there is no capital gains on Bitcoin Cash for personal use.', 'v3pm1a'], ['u/jessquit', 12, '2022-06-03 13:12', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/ib0vaj3/', 'Lightning is not p2p cash. Cash is where Alice pays Bob directly in the bearer asset with no financial intermediary. Lightning is, quite literally, a network of financial intermediaries.\n\nAll the scaling in the world is pointless if it requires you to sacrifice the very thing that gives Bitcoin value to begin with: the ability to be sovereign over your money. You cannot be sovereign if you require an intermediary to use the money.', 'v3pm1a'], ['u/jessquit', 11, '2022-06-03 13:21', 'https://www.reddit.com/r/btc/comments/v3pm1a/you_know_adoption_is_growing_when/ib0w06l/', "BCH is building **payment** scaling onchain as Bitcoin was always intended to scale.\n\nWe have second layers for things like micropayments & HFT (payment channels) and for things like smart contracts (smartBCH).\n\nAs it is BCH can already support over 20X the userbase as BTC and we've demonstrated scaling 10X more than that directly onchain using cheap consumer hardware.", 'v3pm1a']]], ['u/CWOOTA', 'Is Venture Capitalist Tim Draper talking about Flexa under his breath?', 21, '2022-06-03 04:51', 'https://www.reddit.com/r/AMPToken/comments/v3pnr2/is_venture_capitalist_tim_draper_talking_about/', '[https://news.bitcoin.com/venture-capitalist-tim-draper-explains-why-bitcoin-will-soar-past-his-250k-estimate/](https://news.bitcoin.com/venture-capitalist-tim-draper-explains-why-bitcoin-will-soar-past-his-250k-estimate/)', 'https://www.reddit.com/r/AMPToken/comments/v3pnr2/is_venture_capitalist_tim_draper_talking_about/', 'v3pnr2', [['u/Kindly-Counter-6783', 24, '2022-06-03 05:20', 'https://www.reddit.com/r/AMPToken/comments/v3pnr2/is_venture_capitalist_tim_draper_talking_about/iazu6a3/', 'This is truly the big hint. Women participate larger in retail than men and will use crypto. This bullish understanding is simply true and to save 2% using BTC is totally alluding to Flexa/Amp. The switch being flipped is so coming. Tyler himself has said it is getting close to being ready.\nI am personally sick of the stagflation we are currently experiencing market wide. Yet, this is when fundamentals are tested and true projects shine. \nHaving read a few of the comments within the Amp community, I am also of the opinion that most coins are going to be weened and exposed as non utility projects. Amp is the utility to all project and once the big players turn on their switch, look out.\n \nAgain, Patents, Partners, Participation & Patients', 'v3pnr2'], ['u/CoreVengeance', 12, '2022-06-03 07:35', 'https://www.reddit.com/r/AMPToken/comments/v3pnr2/is_venture_capitalist_tim_draper_talking_about/ib07ltf/', ">Again, Patents, Partners, Participation & *Patients*\n\nYou probably meant patience, but I suppose someone's going to have to triage the patients (\\*cough\\*Visa/Mastercard\\*cough\\*) too after Flexa takes hold.", 'v3pnr2'], ['u/OJ3D', 13, '2022-06-03 08:06', 'https://www.reddit.com/r/AMPToken/comments/v3pnr2/is_venture_capitalist_tim_draper_talking_about/ib0a55f/', 'True! There’s a book I highly recommend reading called the Lean Startup by Eric Ries. I’ve noticed since Flexa’s beginning that they very much echo the Lean & Agile mentality. Essentially doing amazing things with very little. Things like build a little/test a little, creating MVP’s (minimal viable products) or proof of concepts like SPEDN, Incrementation/Iteration, the small team, comprehension of a companies value proposition & ability to identify/remove areas of zero value added, Using data for key decision making such as pivoting. It’s essentially all about efficiency while delivering massive results. Pretty cool to watch. \n\nI mean the Instagram story is bonkers. It was a 13 person company killing it at building a social media juggernaut before they joined FB.', 'v3pnr2']]], ['u/AutoModerator', '[Daily Discussion] - Friday, June 03, 2022', 40, '2022-06-03 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/v3qtvg/daily_discussion_friday_june_03_2022/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/v3qtvg/daily_discussion_friday_june_03_2022/', 'v3qtvg', [['u/Max_Power7', 25, '2022-06-03 07:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/v3qtvg/daily_discussion_friday_june_03_2022/ib06mlt/', 'Found this info about it on coindesk:\n\n“The latest bill would apply only to new permits for proof-of-work mining operations in former power plants where the primary source of power is derived from fossil fuels or permit renewals where the applicants try to expand their facilities beyond their current sizes.”\nThat doesn’t sound completely terrible, and more likely a minimal impact, but I doubt those detailed get mentioned in headlines.', 'v3qtvg'], ['u/nuk8d', 21, '2022-06-03 08:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/v3qtvg/daily_discussion_friday_june_03_2022/ib0d5di/', 'Potential inverted head & shoulders on the daily candle bodies, if we can stay above ~29k. That’s all I’ve got for our bullish case.\n\nNasty hidden bearish divergence on the daily. If it plays out we’ll need to paint some daily candles below 28.5k before we can launch tf out of here with a solid bull div (bullish scenario). Bearish scenario is obviously new lows but considering the +50% retrace of our monthly candle im finding it more likely that we’ll bounce somewhere between 25-28k, paint a solid bull div and test 40k.\n\nAnother potential play is we’re painting the 2nd phase of an ascending triangle with a resolution in July.', 'v3qtvg'], ['u/haikusbot', 15, '2022-06-03 13:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/v3qtvg/daily_discussion_friday_june_03_2022/ib... Based 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:** ['More than 4 out of 5 stocks in the S&P 500 fell amid worries about rising interest rates. (Associated Press) U.S. stocks fell broadly Friday and pulled major indexes into the red for the week as Wall Street focused on the downside of the still-strong job market. A report showed employers hired more workers last month than economists expected. While that\x92s a good sign for the economy amid worries about a possible recession, many investors saw it keeping the Federal Reserve on its path to hiking interest rates aggressively. Such moves would slow the economy in hopes of ultimately knocking down high inflation, and the Fed risks causing a recession if it moves too quickly or too far. In the meantime, higher interest rates put downward pressure on stocks and other investments. The S&P 500 index fell 68.28 points, or 1.6%, to 4,108.54. It\x92s a reversal from Thursday\x92s market movements, when a narrower report on the U.S. job market came in weaker than expected. That bolstered speculation the Fed may consider a pause in raising rates later this year, and the hopes for a less-aggressive Fed sent stocks jumping. The slide on Friday also dragged the benchmark S&P 500 into its eighth weekly loss in the last nine. The outlier in that stretch was last week, when stocks soared in part on speculation that the Fed would consider a pause in rate hikes in September. The Dow Jones industrial average fell 348.58 points, or 1%, to 32,899.70. The Nasdaq fell 304.16 points, or 2.5%, to 12,012.73. Bitcoin also fell, while a measure of worry in the stock market rose, even though some glass-half-full signals for inflationary pressures were buried within the jobs data. Friday\x92s comprehensive report from the U.S. government showed employers added 390,000 jobs last month, better than expectations for 322,500. That sent Treasury yields climbing, though they initially wobbled as investors moved from one knee-jerk reaction to another after the report\x92s release. The yield on the two-year Treasury, which tends to move with expectations for Fed action, rose to 2.68% from 2.62% just before the report\x92s release. The 10-year yield, which tracks expectations for longer-term growth and inflation, rose to 2.95% from 2.91% after earlier climbing as high as 2.99%. Story continues The report did contain some signals that analysts said could ultimately get the Fed to be less aggressive. Big daily reversals have become the norm recently as Wall Street struggles to gauge how aggressive the Fed will be. Average wages for workers were a touch weaker in May than economists expected. While that\x92s discouraging for people watching grocery and gasoline prices jump more than their paychecks, it could mean less future pressure on inflation across the economy. Plus, the nation\x92s job growth decelerated last month, even if it was better than expectations. \x93The employment situation remains solid for the economy, but there are some signs of slowing,\x94 said Brian Jacobsen, senior investment strategist at Allspring Global Investments. \x93The signs aren\x92t clear and convincing enough to suggest the Fed needs to pause yet, but a lot can change over the next few months.\x94 More than 4 out of 5 stocks in the S&P 500 fell amid the worries about rising rates, with the heaviest losses hitting technology stocks and other big winners of the prior low-rate world. Tesla tumbled 9.2% after U.S. safety regulators said more than 750 owners have complained about cars suddenly stopping on roadways for no apparent reason while operating on their partially automated driving systems. A report also said Tesla is considering layoffs amid concerns by its chief executive, Elon Musk, about the economy. Because Tesla is the fifth-largest company in the S&P 500, its movements carry a heavier weight on the index. Companies as varied as Walmart and Delta Air Lines have recently warned how inflation is eating into their profits, which has upped the pressure on markets because stock prices tend to track profits over the long term. The warnings are layering on top of the market\x92s worries about Russia\x92s invasion of Ukraine and about business-slowing anti-COVID measures in China. \x93There are just so many uncertainties,\x94 said John Lynch, chief investment officer at Comerica Wealth Management. \x93You can\x92t put Ukraine on a spreadsheet and you can\x92t put lockdowns in China on a spreadsheet.\x94 JPMorgan Chase\x92s CEO, Jamie Dimon, said earlier this week that he\x92s preparing his company for a possible economic \x93hurricane,\x94 highlighting less economic support from the U.S. government and Federal Reserve, as well as the war in Ukraine. This story originally appeared in Los Angeles Times .', 'U.S. stocks fell broadly Friday and pulled major indexes into the red for the week as Wall Street focused on the downside of the still-strong job market.\nA report showed employershired more workers last monththan economists expected. While that’s agood sign for the economyamid worries about a possible recession, many investors saw it keeping the Federal Reserve on its path tohiking interest rates aggressively.Such moves would slow the economy in hopes of ultimately knocking down high inflation, and the Fed risks causing a recession if it moves too quickly or too far. In the meantime, higher interest rates put downward pressure on stocks and other investments.\nThe S&P 500 index fell 68.28 points, or 1.6%, to 4,108.54. It’s a reversal from Thursday’s market movements, when a narrower report on the U.S. job market came in weaker than expected. That bolstered speculation the Fed may consider a pause in raising rates later this year, and the hopes for a less-aggressive Fed sent stocks jumping.\nThe slide on Friday also dragged the benchmark S&P 500 into its eighth weekly loss in the last nine. The outlier in that stretch was last week, when stocks soared in part on speculation that the Fed would consider a pause in rate hikes in September.\nThe Dow Jones industrial average fell 348.58 points, or 1%, to 32,899.70. The Nasdaq fell 304.16 points, or 2.5%, to 12,012.73.\nBitcoin also fell, while a measure of worry in the stock market rose, even though some glass-half-full signals for inflationary pressures were buried within the jobs data.\nFriday’s comprehensive report from the U.S. government showed employers added 390,000 jobs last month, better than expectations for 322,500. That sent Treasury yields climbing, though they initially wobbled as investors moved from one knee-jerk reaction to another after the report’s release.\nThe yield on the two-year Treasury, which tends to move with expectations for Fed action, rose to 2.68% from 2.62% just before the report’s release. The 10-year yield, which tracks expectations for longer-term growth and inflation, rose to 2.95% from 2.91% after earlier climbing as high as 2.99%.\nThe report did contain some signals that analysts said could ultimately get the Fed to be less aggressive. Big daily reversals have become the norm recently as Wall Street struggles to gauge how aggressive the Fed will be.\nAverage wages for workers were a touch weaker in May than economists expected. While that’s discouraging for people watching grocery and gasoline prices jump more than their paychecks, it could mean less future pressure on inflation across the economy. Plus, the nation’s job growth decelerated last month, even if it was better than expectations.\n“The employment situation remains solid for the economy, but there are some signs of slowing,” said Brian Jacobsen, senior investment strategist at Allspring Global Investments. “The signs aren’t clear and convincing enough to suggest the Fed needs to pause yet, but a lot can change over the next few months.”\nMore than 4 out of 5 stocks in the S&P 500 fell amid the worries about rising rates, with the heaviest losses hitting technology stocks and other big winners of the prior low-rate world.\nTesla tumbled 9.2% after U.S. safety regulators said more than 750 owners havecomplained about cars suddenly stoppingon roadways for no apparent reason while operating on their partially automated driving systems. A report also said Tesla isconsidering layoffsamid concerns by its chief executive, Elon Musk, about the economy. Because Tesla is the fifth-largest company in the S&P 500, its movements carry a heavier weight on the index.\nCompanies as varied as Walmart and Delta Air Lines have recently warned how inflation is eating into their profits, which has upped the pressure on markets because stock prices tend to track profits over the long term. The warnings are layering on top of the market’s worries aboutRussia’s invasion of Ukraineand about business-slowinganti-COVID measures in China.\n“There are just so many uncertainties,” said John Lynch, chief investment officer at Comerica Wealth Management. “You can’t put Ukraine on a spreadsheet and you can’t put lockdowns in China on a spreadsheet.”\nJPMorgan Chase’s CEO, Jamie Dimon, said earlier this week that he’s preparing his company for a possible economic “hurricane,” highlighting less economic support from the U.S. government and Federal Reserve, as well as the war in Ukraine.\nThis story originally appeared inLos Angeles Times.', 'Key Insights: It was a bearish Friday for bitcoin (BTC) and the broader market, with bitcoin returning to sub-$30,000. Investor angst over Fed monetary policy weighed ahead of US nonfarm payroll figures that added further pressure later in the day. Regulatory risk, inflation, economic uncertainty, and Fed monetary policy remain headwinds for bitcoin and the broader crypto market. It was a bearish Friday session for the crypto market, with the crypto top ten seeing heavy losses to reverse gains from Thursday. There were no major news updates from regulators to spook investors, leaving the crypto market to track the US equity markets. For bitcoin ( BTC ), it was a second loss from seven sessions, which led to a fall bac **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: 2022-06-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $567,028,397,006 - Hash Rate: 206582953.2634621 - Transaction Count: 218629.0 - Unique Addresses: 569230.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Vroom ( VRM ) is going to have a tough time convincing automotive shoppers to buy used cars in the current market. Besides, Vroom appears to be having difficulty turning its revenue into bottom-line profits. Investors should consider steering clear as a stake in VRM stock could continue to lose value. Vroom (VRM) app open on a smartphone against a black background. Source: Lori Butcher / Shutterstock.com New York-based digital car-buying platform Vroom (NASDAQ: VRM ) is, on the surface, an interesting business in the digital economy. Yet, despite the rapid expansion of e-commerce in recent years, VRM stock is a no-go for cautious investors. It’s not hard to see why some folks would want to hold shares of Vroom. The stock looks cheap, and online commerce has been red-hot since the onset of Covid-19. However, sometimes cheap stocks are that way for good reasons. As we’ll discover, Vroom’s financial profile is far from perfect, and the used car market is highly unfavorable in 2022. InvestorPlace - Stock Market News, Stock Advice & Trading Tips VRM Vroom $2.16 What’s Happening with VRM Stock? From a technical perspective, it’s awfully difficult to build a bullish case in favor of VRM stock. Vroom went public at $22 per share and there was an initial burst of hype, but it didn’t last very long. 7 Cloud Computing Stocks to Buy for April 2022 Nimble traders might have booked a quick profit with their Vroom shares. However, long-term investors are undoubtedly disappointed as the stock has been on a relentless, painful downward slide. Recently, VRM stock traded at just $2 and change. This could be described as cheap, but don’t consider it a bargain until you’ve looked under the hood and learned more about Vroom. To get the full picture, don’t just rely on Vroom’s press releases, which might only provide a glossy fiscal picture. Instead, you’re encouraged to delve into Vroom’s most recently issued Form 10-K , which gives you the good, the bad and the just plain nasty. So, here’s the nasty part. Despite annual revenue improvements, Vroom ended up reporting increasing annual net earnings losses (the following figures are rounded): Story continues 2019: $143 million 2020: $203 million 2021: $371 million As you can see, Vroom’s net losses aren’t just widening; they’re cavernous. Truly, the best phrase to describe the company would be “money pit.” Its EBIDTA (earnings before interest, taxes, depreciation and amortization) is also moving in the wrong direction. Appallingly, Vroom’s full-year EBIDTA moved further into the red, from rounded figures of -$128 million in 2019 to -$194 million in 2020, then to -$345 million in 2021. It’s a Tough Time to Sell Used Cars The company might try to present itself as an e-commerce up-and-comer. However, let’s not forget Vroom is in the business of facilitating used vehicle sales. 2022 is turning out to be a tough year for the used car business. For the lowdown on this, we can turn to Pat Ryan, founder and CEO of CoPilot, a company that tracks prices at car dealerships nationwide. Ryan was forthright in his assessment of this hard-pressed market. “The average American, the normal working person, can’t afford to buy a new car because the prices are just very high; there’s a shortage of inexpensive vehicles available,” Ryan declared. One study from February calculated that a “lightly used” car cost 1.3%, or $533, more than its new-car counterpart. That’s mind-boggling, when you really think about it. In a similar vein, Ryan observed that a “used car that is one, two, three years old is selling for 96% of the original sticker price for that car.” Ryan further noted there’s a real shortage of inexpensive cars. If that’s the case, then why would anyone buy a used car? It sounds like they’re generally hard to find and cost around the same price as — or maybe even more than — a brand-new car. That’s bad news, of course, for any business that depends on used vehicle sales. Unfortunately, Vroom falls squarely into that category. What You Can Do Now With VRM Stock Vroom’s revenue growth is overshadowed by the company’s horrendous net earnings losses. Those losses have only expanded during the past several years. Plus, 2022 thus far hasn’t been kind to businesses involved with the used-vehicle trade. One can only imagine Vroom will struggle in this unfavorable market environment. Sure, VRM stock probably looks cheap at first glance. If you end up buying and holding the stock, though, you’re liable to stall out and blow a gasket. On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com ’s writers disclose this fact and warn readers of the risks. Read More: Penny Stocks — How to Profit Without Getting Scammed On the date of publication, neither Louis Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video … exposing one of the most shocking events in our country’s history… and the one move every American needs to make today . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t matter if you have $500 in savings or $5 million. Do this now. 10 Stocks Are Issuing Sell Signals Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The post It’s a Terrible Time to Park Your Capital in Vroom Stock appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/lexwolfe', 'Top 100 sorted by % from all time high', 120, '2022-06-04 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/', 'As a follow up to the [previous post](https://np.reddit.com/r/CryptoCurrency/comments/ukdh32/top_100_sorted_by_from_all_time_high/) approx a month ago\n\nI got this data from the coingecko api. If you know python it\'s dead easy to get the CG data. A lot of the information you see on any coin page on the site, there\'s no way to get a comparison. I\'m always thinking "I wonder how this compares to everything else". Age is an estimate from available data. MCR = market cap rank. I removed the stablecoins. I\'ve added "days from ath". I used this site to convert a csv to reddit table: [http://tableit.net/](http://tableit.net/)\n\n​\n\n|Name|Symbol|MCR|Age (est)|%from ATH|Days from ATH|\n|:-|:-|:-|:-|:-|:-|\n|Internet Computer|icp|38|2021|98.9|390|\n|Zcash|zec|56|2016|97.2|2044|\n|Filecoin|fil|45|2021|96.9|429|\n|Dash|dash|84|2014|96.1|1627|\n|Bitcoin Cash|bch|26|2017|95.2|1627|\n|The Graph|grt|59|2020|94.8|477|\n|EOS|eos|51|2017|94.5|1497|\n|NEO|neo|74|2016|94.4|1601|\n|Flow|flow|33|2021|94.2|425|\n|IOTA|miota|64|2017|93.4|1628|\n|Theta Network|theta|52|2020|92.4|414|\n|Gala|gala|94|2020|91.1|190|\n|Theta Fuel|tfuel|36|2020|91.1|360|\n|Klaytn|klay|55|2020|90.7|431|\n|Amp|amp|96|2020|90.6|353|\n|Synthetix Network|snx|89|2019|90.5|475|\n|PancakeSwap|cake|78|2020|90.4|400|\n|Fantom|ftm|67|2020|89.7|219|\n|Algorand|algo|32|2019|89.3|1080|\n|VeChain|vet|35|2020|89.3|411|\n|Harmony|one|100|2020|89.2|221|\n|Kusama|ksm|87|2020|89|382|\n|Dogecoin|doge|10|2015|89|392|\n|Uniswap|uni|34|2020|88.7|397|\n|Bitcoin SV|bsv|60|2018|88.7|414|\n|XRP|xrp|7|2014|88.5|1609|\n|Axie Infinity|axs|43|2020|87.9|210|\n|Shiba Inu|shib|17|2020|87.5|219|\n|eCash|xec|66|2021|87.3|273|\n|Enjin Coin|enj|90|2017|87.3|191|\n|Chainlink|link|27|2017|87|390|\n|Celo|celo|91|2020|87|278|\n|THORChain|rune|72|2019|86.9|381|\n|Radix|xrd|70|2021|86.9|202|\n|Ethereum Classic|etc|29|2016|86.9|394|\n|Loopring|lrc|83|2019|86.2|206|\n|Chiliz|chz|82|2019|86.2|448|\n|Convex Finance|cvx|98|2021|86.1|154|\n|Arweave|ar|85|2020|86|211|\n|Elrond|egld|40|2020|85.8|193|\n|Solana|sol|9|2020|85.3|210|\n|Litecoin|ltc|20|2015|84.7|390|\n|Quant|qnt|68|2018|84.6|266|\n|The Sandbox|sand|44|2020|84.5|191|\n|Helium|hnt|69|2020|84.5|204|\n|Hedera|hbar|37|2020|84.4|262|\n|Avalanche|avax|15|2020|84.1|195|\n|Waves|waves|63|2016|84.1|65|\n|Stacks|stx|92|2020|84.1|185|\n|Aave|aave|46|2020|83.8|382|\n|Stellar|xlm|23|2015|83.3|1613|\n|Decentraland|mana|48|2017|83.2|191|\n|Polkadot|dot|11|2020|83|212|\n|Huobi|ht|58|2019|82.2|388|\n|Huobi BTC|hbtc|54|2020|82.2|44|\n|Cardano|ada|6|2020|81.8|275|\n|Maker|mkr|61|2020|81.8|397|\n|Cronos|cro|19|2019|81.5|192|\n|Zilliqa|zil|77|2020|80.3|394|\n|Basic Attention|bat|93|2017|80.1|188|\n|Polygon|matic|21|2019|79.8|159|\n|Cosmos Hub|atom|31|2020|79.4|138|\n|Tezos|xtz|41|2018|79.2|243|\n|ApeCoin|ape|39|2022|77|37|\n|STEPN|gmt|88|2022|75.4|37|\n|NEAR Protocol|near|22|2020|74.4|139|\n|OKB|okb|30|2019|74.1|397|\n|Kava|kava|99|2020|73|278|\n|NEXO|nexo|79|2018|70.8|388|\n|FTX|ftt|24|2019|69.1|268|\n|BitTorrent|btt|62|2022|69.1|134|\n|TRON|trx|13|2017|64.9|1611|\n|Monero|xmr|25|2015|64.2|1607|\n|Lido Staked Ether|steth|14|2020|64|206|\n|Ethereum|eth|2|2015|63.6|206|\n|cETH|ceth|49|2020|63.4|195|\n|DeFiChain|dfi|57|2020|62.6|180|\n|Gate|gt|73|2020|58.5|388|\n|Wrapped Bitcoin|wbtc|12|2019|57.9|206|\n|Bitcoin|btc|1|2013|57|206|\n|BNB|bnb|5|2017|56.6|390|\n|Evmos|evmos|81|2022|53.2|37|\n|KuCoin|kcs|42|2019|40.7|185|\n|Chain|xcn|28|2022|4.5|8|\n\n​', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/', 'v4c83w', [['u/rwang411', 47, '2022-06-04 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3gcou/', 'Bullish on...oh wait never mind', 'v4c83w'], ['u/Greenbriarbushwacker', 12, '2022-06-04 02:04', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3h5b8/', 'Zcash 2000+ days from ATH. Glad I didn’t get caught holding that bag lol', 'v4c83w'], ['u/Business-Typical', 39, '2022-06-04 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3hgq2/', 'Whenever Internet Computer is at the top of a list, it’s never for a good reason huh', 'v4c83w'], ['u/NotRyanPoles', 30, '2022-06-04 02:28', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3jkq5/', 'All my coins made the top 10! \n\nBut this is not the top 10 list I wanted 😞', 'v4c83w'], ['u/Bucksaway03', 17, '2022-06-04 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3jp8d/', 'So basically...everything is fucked right now....nice!', 'v4c83w'], ['u/HalfNattyBrah', 25, '2022-06-04 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3jwma/', 'Bullish on ponzi', 'v4c83w'], ['u/pabpab999', 12, '2022-06-04 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3k1q3/', 'top 100 coins by market cap \n \nsorted by how far they are from their ATH', 'v4c83w'], ['u/irfiisme', 10, '2022-06-04 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3kqgx/', 'Ded', 'v4c83w'], ['u/NobleEther', 17, '2022-06-04 02:40', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3ktyi/', 'I’m farming on PonziCoin. This is financial advice.', 'v4c83w'], ['u/lastt1ger', 15, '2022-06-04 02:42', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3l2s5/', 'ICP, worst name, worst performance!', 'v4c83w'], ['u/irfiisme', 14, '2022-06-04 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3l952/', 'I never understood WTF Filecoin hype was all about.', 'v4c83w'], ['u/Zigxy', 11, '2022-06-04 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3lzra/', 'Should also do a list of coins that fell out of the Top 100 due to being down 99%+', 'v4c83w'], ['u/RollingDoingGreat', 15, '2022-06-04 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib3sz14/', 'Eth went down 95% in 2018-2019', 'v4c83w'], ['u/antiwrappingpaper', 10, '2022-06-04 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib414hg/', 'OP clearly stated that they got the data from GoinGecko via their API (by running his own python script). Unless "bro" in your scenario equals "CoinGecko", your comment seems pretty... dumb', 'v4c83w'], ['u/antiwrappingpaper', 10, '2022-06-04 05:23', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib419ng/', 'They are in numerical order, sorted by the % from ATH number', 'v4c83w'], ['u/[deleted]', 13, '2022-06-04 07:59', 'https://www.reddit.com/r/CryptoCurrency/comments/v4c83w/top_100_sorted_by_from_all_time_high/ib4dsqu/', "ICP still has an active Reddit community of bullish holders. Remember that the next time you're on a subreddit dedicated to a coin.", 'v4c83w']]], ['u/rdcowan', "Maximum number of 'Fixed Terms'.", 12, '2022-06-04 02:23', 'https://www.reddit.com/r/Nexo/comments/v4cwof/maximum_number_of_fixed_terms/', "I have two Bitcoin 'Fixed Terms' and two Nexo Token Fixed Terms. I want to know what is the maximum number of 'Fixed Terms' that I can have in my account or on any coin/token.", 'https://www.reddit.com/r/Nexo/comments/v4cwof/maximum_number_of_fixed_terms/', 'v4cwof', [['u/Percula_Clown', 10, '2022-06-04 07:07', 'https://www.reddit.com/r/Nexo/comments/v4cwof/maximum_number_of_fixed_terms/ib4a0wl/', 'Max is ten per token\n\n“You can have ten (10) simultaneous Fixed Terms per asset, which means you never miss an opportunity to buy and add more assets to your Nexo Wallet to earn our highest yields”\n\nhttps://support.nexo.io/hc/en-us/articles/360020136199-Nexo-Fixed-Term-Deposits-Explained', 'v4cwof']]], ['u/blau_blau', "Crypto can't be 'adopted by institutions' and 'we're still early' at the same time.", 62, '2022-06-04 03:12', 'https://www.reddit.com/r/Buttcoin/comments/v4dstb/crypto_cant_be_adopted_by_institutions_and_were/', "As ETFs add BTC, it becomes less possible that a 40% breakout will happen in a month (or whatever)\n\nThey can't have it both ways. The more BTC becomes mainstream, the more the price stabilizes and follows the NASDAQ. \n\nJust buy QQQ and be done with it, you morons.", 'https://www.reddit.com/r/Buttcoin/comments/v4dstb/crypto_cant_be_adopted_by_institutions_and_were/', 'v4dstb', [['u/Much2Soon2Relax', 32, '2022-06-04 03:21', 'https://www.reddit.com/r/Buttcoin/comments/v4dstb/crypto_cant_be_adopted_by_institutions_and_were/ib3p3h3/', 'All of the predictability with none of the stability! Nice', 'v4dstb'], ['u/ugh_this_sucks__', 15, '2022-06-04 04:21', 'https://www.reddit.com/r/Buttcoin/comments/v4dstb/crypto_cant_be_adopted_by_institutions_and_were/ib3v87p/', 'Two contradicting things *can* simultaneously exist in the mind of a madman.\n\nEdit: typo', 'v4dstb']]], ['u/snakeeyesf', 'The new $5k experiment', 12, '2022-06-04 03:25', 'https://www.reddit.com/r/cakedefi/comments/v4e0zf/the_new_5k_experiment/', "*I have become a massive Cake Defi fan boy. I started in Jan with $500usd. Quickly i saw how amazing this was going, so I loaded up to a total of $5000 (thanks to the Luna new year promotion, it was actually a lot less than 4500 to top up. This is a comment/ update from my post :* [My first week on Cake Defi](https://www.reddit.com/r/cakedefi/comments/s4w2ox/my_first_week_of_testing_passive_income_with_cake/i4ax22j/?context=3)\n\nSo, after one month, the ... Based 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 bullish Saturday for bitcoin (BTC) and the broader market though the gains were modest.\n• The market had started the day in a bearish fashion before finding afternoon support to wrap up the day in positive territory.\n• Concerns over Fed monetary policy, following Friday’s US nonfarm payrolls, pegged the majors back from a full recovery of Friday’s losses.\nIt was a relatively bullish Saturday session for thecryptomarket, with the top ten partially recovering Friday’s heavy losses.\nThe news wires tested support early in the session, with anti-crypto chatter testing investor sentiment.\nOver the weekend, the FTC reported on crypto cybercrime numbers that could give regulators greater incentive to clamp down on the crypto market to protect investors.\nCrypto winter chatter and talk of exchanges laying off employees or freezing headcounts added to the negative mood.\nFor bitcoin (BTC), it was the sixth gain from eight sessions, though resistance at $30,000 left bitcoin at sub-$30,000.\nOn Saturday, the total crypto market cap slipped to a day low of $1,190 billion before the afternoon recovery.\nThe fall back to sub-$1,200 billion for a second consecutive day suggests continued volatility.\nFor the crypto bulls, steering well clear of the May 12 current year low of $1,082 billion will be the key.\nLooking at the crypto top ten, Dogecoin (DOGE) and Solana (SOL) led the way with gains of 2.06% and 1.99%, respectively.\nADA(+1.07%),BNB(+0.97% ),BTC(+0.56%),ETH(+1.70%), andXRP(+0.66%) also found support.\nFrom the top 100, The Graph (GRT) and Helium (HNT) led the pack, rallying by 11.6% and by 12.6%, respectively.\nBoth benefitted from a shift in sentiment on the day and are set for a week of solid gains. GRT is currently up 16.2% for the week, with HNT up an impressive 28.7%.\nHaving spiked at $500 million levels in the week, 24-hour total liquidations stood at just $55.82 million, according toCoinglass.\nOver 1-year, total liquidations reflected a further easing in selling pressure, with liquidations standing at $0.961 million.\nA pickup in total liquidations through the early part of the day could test investor sentiment, however.\n• The US Federal Trade Commission (FTC)reportedconsumers losing more than $1 billion in crypto scams since 2021.\n• New York Proof-of-Work mining bill,Assembly Bill A7389C, is on the way to New York Governor Kathy Hochul for consideration.\n• Fed Governor Christopher J. Wallertalkedcrypto risk at the SNB-CIF Conference on Crypto Assets and Financial Innovation.\n• South Korean regulators continue totargetthe crypto industry after the collapse of TerraUSD (UST) and TerraLUNA.\n• LUNA 2.0 failed to reignite after the launch day slump to $4.14. At the time of writing, LUNA 2.0stoodat $6.37.\nThisarticlewas originally posted on FX Empire\n• Explosions shake Ukraine’s capital Kyiv after weeks of relative calm\n• Kazakh leader seeks political capital in constitutional reform vote\n• Philippines raises alert level at restive volcano after spewing cloud of ash\n• Sixteen killed, scores injured in Bangladesh container depot fire\n• Chinese astronauts blast off to space station as construction enters high gear\n• The Week Ahead – Central Banks and US Inflation in Focus', 'Key Insights: It was a bullish Saturday for bitcoin (BTC) and the broader market though the gains were modest. The market had started the day in a bearish fashion before finding afternoon support to wrap up the day in positive territory. Concerns over Fed monetary policy, following Friday’s US nonfarm payrolls, pegged the majors back from a full recovery of Friday’s losses. It was a relatively bullish Saturday session for the crypto market, with the top ten partially recovering Friday’s heavy losses. The news wires tested support early in the session, with anti-crypto chatter testing investor sentiment. Over the weekend, the FTC reported on crypto cybercrime numbers that could give regulators greater incentive to clamp down on the crypto market to protect investors. Crypto winter chatter and talk of exchanges laying off employees or freezing headcounts added to the negative mood. For bitcoin ( BTC ), it was the sixth gain from eight sessions, though resistance at $30,000 left bitcoin at sub-$30,000. Crypto Market Cap Visits Sub-$1,200 Billion Again On Saturday, the total crypto market cap slipped to a day low of $1,190 billion before the afternoon recovery. The fall back to sub-$1,200 billion for a second consecutive day suggests continued volatility. For the crypto bulls, steering well clear of the May 12 current year low of $1,082 billion will be the key. Total Market Cap 050622 Daily Chart Looking at the crypto top ten, Dogecoin ( DOGE ) and Solana ( SOL ) led the way with gains of 2.06% and 1.99%, respectively. ADA (+1.07%), BNB (+0.97% ), BTC (+0.56%), ETH (+1.70%), and XRP (+0.66%) also found support. From the top 100, The Graph ( GRT ) and Helium ( HNT ) led the pack, rallying by 11.6% and by 12.6%, respectively. Both benefitted from a shift in sentiment on the day and are set for a week of solid gains. GRT is currently up 16.2% for the week, with HNT up an impressive 28.7%. Total Crypto Liquidations Point to Calmer Market Conditions Having spiked at $500 million levels in the week, 24-hour total liquidations stood at just $55.82 million, according to Coinglass . Story continues Over 1-year, total liquidations reflected a further easing in selling pressure, with liquidations standing at $0.961 million. A pickup in total liquidations through the early part of the day could test investor sentiment, however. Total Crypto Liquidations 050622 News Highlights from the Day, The US Federal Trade Commission (FTC) reported consumers losing more than $1 billion in crypto scams since 2021. New York Proof-of-Work mining bill, Assembly Bill A7389C , is on the way to New York Governor Kathy Hochul for consideration. Fed Governor Christopher J. Waller talked crypto risk at the SNB-CIF Conference on Crypto Assets and Financial Innovation. South Korean regulators continue to target the crypto industry after the collapse of TerraUSD ( UST ) and Terra LUNA . LUNA 2.0 failed to reignite after the launch day slump to $4.14. At the time of writing, LUNA 2.0 stood at $6.37. This article was originally posted on FX Empire More From FXEMPIRE: Explosions shake Ukraine’s capital Kyiv after weeks of relative calm Kazakh leader seeks political capital in constitutional reform vote Philippines raises alert level at restive volcano after spewing cloud of ash Sixteen killed, scores injured in Bangladesh container depot fire Chinese astronauts blast off to space station as construction enters high gear The Week Ahead – Central Banks and US Inflation in Focus', 'Key Insights: On Saturday, bitcoin rose by 0.56% to log a sixth daily gain from eight sessions. Negative chatter over crypto regulations and market sentiment towards Fed monetary policy pegged bitcoin back from a more material gain. Bitcoin (BTC) technical indicators remain bearish, with bitcoin sitting at the 100-day EMA. On Saturday, bitcoin ( BTC ) rose by 0.56%. Partially reversing a 2.50% fall from Friday, bitcoin ended the day at $29,845. A bearish start saw bitcoin fall to an early morning low of $29,467 before finding support. Steering clear of the day\x92s Major Support Levels, bitcoin struck an afternoon intraday high of $29,954. Falling short of the First Major Resistance Level at $30,488, however, bitcoin slipped back into the red before a late recovery. Saturday\x92s upside came despite the US nonfarm payroll figures on Friday, which supported a more aggressive Fed interest rate path trajectory. The Bitcoin Fear & Greed Index Sits Deep in the Extreme Fear Zone Today, the Fear & Greed Index fell from 14/100 to 10/100 despite bitcoin\x92s Saturday gain and the prospect of ending a nine-week losing streak. While falling deeper into the \x93Extreme Fear\x94 zone, the Index continued to hold above May\x92s low of 8/100. Fear & Greed 050622 Regulatory chatter was market negative, with regulators and lawmakers calling for greater oversight. Going into the weekend, Governor Christopher J. Waller talked about \x93Risk in the Crypto Markets.\x94 The governor talked of high volatility being the rule and not the exception and the frequent occurrence of fraud and theft. Waller also focused on retail users with a lack of crypto experience and the need for some standard rules. South Korean lawmakers were also active going into the weekend. According to local media, regulators plan to move beyond the Capital Markets Act following the collapse of TerraUSD ( UST ) and Terra LUNA . Bitcoin (BTC) Price Action At the time of writing, BTC was down 0.45% to $29,712. A range-bound start to the day saw bitcoin rise to an early morning high of $29,882 before falling to a low of $29,712. Story continues BTCUSD 050622 Daily Chart Technical Indicators BTC will need to move back through the $29,754 pivot to target the First Major Resistance Level at $30,045. BTC would need the broader crypto market to support to break out from Saturday\x92s high of $29,954. An extended rally would test the Second Major Resistance Level at $30,241 and resistance at $30,500. The Third Major Resistance Level sits at $30,728. Failure to move back through the pivot would test the First Major Support Level at $29,554. Barring another extended sell-off, BTC should steer clear of sub-$29,000 levels. The Second Major Support Level at $29,267 should limit the downside. BTCUSD 050622 Hourly Chart Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal. Bitcoin sits below the 50-day EMA, currently at $30,051. The 50-day pulled back from the 100-day EMA. The 100-day EMA slipped back from the 200-day EMA; BTC negative. A move through the 100-day EMA, currently at $30,260, would support a run at $31,000. BTCUSD 050622 4 Hourly Chart This article was originally posted on FX Empire More From FXEMPIRE: **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: 2022-06-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $565,926,810,750 - Hash Rate: 216986411.34147817 - Transaction Count: 201341.0 - Unique Addresses: 538083.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: CTX-009 Demonstrated a42% Overall Response Rate (ORR) Based on 10 Partial Responses (PRs)in 24 Enrolled Patients CTX-009 Continues to be Well Tolerated, Consistent with the Phase 1 Studies Compass Plans to Initiate Stage 2 of the Phase 2 Study in the U.S. in Q3 2022 Compass to Host Key Opinion Leader Webinar on May 4, 2022 at 8:00 a.m. ET BOSTON, May 04, 2022 (GLOBE NEWSWIRE) -- Compass Therapeutics, Inc. (Nasdaq: CMPX), a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases, today reported additional interim results from a Phase 2 study of CTX-009 in combination with paclitaxel in patients with biliary tract cancers (BTC). The data show that: • CTX-009 demonstrated a 42% overall response rate (ORR) based on 10 patients with Partial Responses (PRs), including 9 PRs confirmed by RECIST 1.1 and 1 PR pending confirmation • CTX-009 demonstrated anti-tumor activity in previously treated patients with a clinical benefit rate (CBR) of 92% based on 22 patients with a PR or stable disease (SD) out of 24 enrolled patients • CTX-009 was well-tolerated and preliminary safety profile is consistent with prior studies Thomas Schuetz, M.D., Ph.D., Chief Executive Officer, and Scientific Founder of Compass, said “We are excited by these impressive interim Phase 2 results and believe CTX-009 is a promising investigational drug. In the initial data review of this trial, reported in November 2021, CTX-009 exhibited a 29% ORR and a 100% CBR. We are very encouraged by the performance of CTX-009 across a larger patient population, particularly the maturing of the dataset, with the ORR moving from 29% in 17 evaluable patients to 42% in all 24 patients enrolled.” Dr. Schuetz continued, “The findings reported today suggest that CTX-009, if approved, may represent a novel therapeutic option for patients with BTC who have limited treatment choices and poor prognoses. We are very pleased to see the strategy of blocking both DLL4 and VEGF-A in a bispecific antibody continue to yield positive data.” Vered Bisker-Leib, Ph.D., President and Chief Operating Officer of Compass said “CTX-009 demonstrated responses across all of the four BTC subtypes enrolled in the trial and good overall tolerability. These are very encouraging aspects of the Phase 2 results and mark an important step forward in the ongoing development of CTX-009 as a potential new treatment for patients with BTC. We look forward to studying CTX-009 further in Phase 2 trials, which we expect to begin in the U.S. in the third quarter.” CTX-009 Phase 2 Study Overview The Phase 2 study has a Simon Two-Stage adaptive design where three PRs among the first 21 patients enrolled in the first stage of the study will advance the study to the second stage. In November 2021, Compass reported that there were five PRs observed among the first 17 evaluable patients, and therefore, the criteria to advance the study to its second stage was met. The study is currently being conducted at four leading medical centers in Korea. In the United States, an IND was opened in January of 2022 and first patient dose is projected to take place in early Q3 2022. Enrollment All patients enrolled in the study had BTC, classified into four subgroups: intrahepatic cholangiocarcinoma (37.5%), extrahepatic cholangiocarcinoma (12.5%), gallbladder cancer (29.2%) and ampullary cancer (20.8%). As of the data cut-off date April 14, 2022, 24 patients were enrolled and dosed with at least one cycle of CTX-009 and paclitaxel, and 22 were evaluable for response. All patients enrolled in the study have advanced BTC; 45.8% of the patients received one prior therapy and 54.2% of the patients received at least two prior therapies. Almost all patients (95.8%) received gemcitabine/cisplatin. Patients had a median age of 61.5 years, an ECOG performance status of 0 (54.2%) or 1 (45.8%). Preliminary Activity Data CTX-009 exhibited a 42% ORR based on 10 patients with PRs, including nine confirmed PRs by RECIST 1.1 and one PR pending confirmation. Two patients were not evaluable for the purpose of efficacy, and 22 of the 24 patients have had stable disease or better observed leading to a CBR of 92%. As of the cutoff date, seven patients were continuing to receive treatment, including five patients who had been on treatment for over nine months. Preliminary Safety Data CTX-009, in combination with paclitaxel, continues to be well tolerated, consistent with the Phase 1 studies, with hypertension and neutropenia being the most common events related to CTX-009 and paclitaxel, respectively. Of the 24 subjects enrolled in the study, all subjects had at least one AE related to CTX-009 and/or paclitaxel. The most common adverse events (all Grades) occurring in at least three patients were anemia (12.5%), asthenia (25.0%), fatigue (16.7%), edema (16.7%), pyrexia (16.7%), neutropenia (54.2%), thrombocytopenia (20.8%), headache (16.7%), proteinuria (20.8%), dysphonia (12.5%), dyspnea (25%), epistaxis (33.3%), pulmonary hypertension (16.7%, all Grade 1) and hypertension (50.0%). Grade 3 or greater treatment-emergent adverse events (TEAE) occurring in more than one patient include neutropenia (n=12; 50.0%), hypertension (n=4; 16.7%), anemia (n=3; 12.5%) and thrombocytopenia (n=2; 8.3%); all TEAEs were manageable with standard treatment. About the Trial ThePhase 2 trialwas designed as a prospective, multi-center, open-label, Simon Two-Stage adaptive design trial to evaluate the use of CTX-009 in combination with paclitaxel for the treatment of patients with BTC. The study enrolled patients with advanced, unresectable, metastatic or recurrent biliary tract cancer with an ECOG performance status of 0 or 1. The initial phase of the trial was conducted in Korea and enrolled 24 subjects at four leading medical centers. All subjects received bi-weekly doses of 10 mg/kg of CTX-009, and paclitaxel, dosed at 80 mg/m2weekly every three out of four weeks. The primary endpoint for the study is ORR, based on the proportion of subjects whose best overall response is assessed to be Complete Response (CR) or Partial Response (PR) per Independent Radiology review. Secondary outcome measures include assessments of several standard measures of disease progression. About CTX-009 CTX-009 is a bispecific antibody that simultaneously blocks Delta-like ligand 4/Notch (DLL4) and vascular endothelial growth factor A (VEGF-A) signaling pathways, which are critical to angiogenesis and tumor vascularization. Preclinical and early clinical data of CTX-009 suggest that blockade of both pathways provides robust anti-tumor activity across several solid tumors, including colorectal, gastric, cholangiocarcinoma, pancreatic and non-small cell lung cancer. Partial responses to CTX-009 as a monotherapy have been observed in heavily pre-treated cancer patients who were resistant to currently approved anti-VEGF therapies. CTX-009 has completed a Phase 1 monotherapy dose escalation and dose expansion study and a Phase 2 combination study is ongoing. Initiation of a Phase 2 trial in the U.S. is planned for Q3 2022. Compass holds the global rights to CTX-009 (also known as ABL001) with the exception of rights in Korea, held by Handok, Inc. (https://www.handok.co.kr/eng/) and rights in China, which Compass out-licensed to Elpiscience Biopharma, Ltd. (https://www.elpiscience.com/). About Biliary Tract Cancers Biliary tract cancers (BTC) are a group of rare and aggressive gastrointestinal (GI) cancers that form in the cells of the bile ducts (cholangiocarcinoma), gallbladder or ampulla of Vater (where the bile duct and pancreatic duct connect to the small intestine). In the United States approximately 18,300 cases of BTC are diagnosed annually,1including cholangiocarcinoma, gallbladder and ampullary subtypes. Only 10% of these patients present at an early stage when they would be candidates for surgical resection. The vast majority present with locally advanced or metastatic BTC, for which there are very few therapeutic options.2 1seer.cancer.gov/statfacts/html/livibd.html 2cancer.gov/types/liver/patient/bile-duct-treatment-pdq#_66 About Compass Therapeutics Compass Therapeutics, Inc. is a clinical-stage oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases. Compass’s scientific focus is on the relationship between angiogenesis, the immune system, and tumor growth. The company’s pipeline of novel product candidates was designed to target multiple critical biological pathways required for an effective anti-tumor response. These include modulation of the microvasculature via angiogenesis-targeted agents, induction of a potent immune response via activators on effector cells in the tumor microenvironment, and alleviation of immunosuppressive mechanisms used by tumors to evade immune surveillance. Compass plans to advance its product candidates through clinical development as both standalone therapies and in combination with proprietary pipeline antibodies and selected targeted therapies based on supportive clinical and nonclinical data. The company was founded in 2014 and is headquartered in Boston, Massachusetts. The Company’s website iswww.compasstherapeutics.com. Webinar Information Compass will host a webcast on Wednesday, May 4that 8:00 a.m. ET Registration for the webcast or access to a replay of the call is available byclicking here. Forward-Looking Statements This press release contains forward-looking statements. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, references to Compass’s product candidate, CTX-009, its development, regulatory plans with respect thereto and therapeutic potential thereof. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors ... - Reddit Posts (Sample): [['u/Virtual-Baby7750', 'This is just a reflection', 26, '2022-06-05 00:10', 'https://www.reddit.com/r/roboinu/comments/v4zbu1/this_is_just_a_reflection/', "Hello there! I hope you're fine. I'm a RBIF holder like you and I hope that this project will be successful, but I want to make a consideration.\nActually the total supply is about 59,588,649,826,433,800, but it's very huge! That means that if we want to reach for example the Shiba Inu price, it's impossible. I mean 0,00001×59,588,649,826,433,800 is 5958864980000 that's is more big than bitcoin market cap. My question is, will RBIF's developers be doing something about burning coins?", 'https://www.reddit.com/r/roboinu/comments/v4zbu1/this_is_just_a_reflection/', 'v4zbu1', [['u/Various_Middle_2068', 12, '2022-06-05 00:17', 'https://www.reddit.com/r/roboinu/comments/v4zbu1/this_is_just_a_reflection/ib6u3pt/', 'I believe they plan on burning a lot. I know they have already done one burn.', 'v4zbu1'], ['u/DavidRayy', 10, '2022-06-05 02:38', 'https://www.reddit.com/r/roboinu/comments/v4zbu1/this_is_just_a_reflection/ib79jeu/', 'The coin has been out less than a year (I believe it launched late Nov 2021). In that timeframe, we’ve already burned nearly 2 quadrillion of the original circulating supply of 60 quadrillion. That’s about 3% total supply burned in less than a year. \n\nOnce we have more followers, more transactions taking place, more utility… it’s hard to tell what the MC will eventually be. I think four zeroes is unrealistic in the medium term. But in the long term… who knows?', 'v4zbu1']]], ['u/Turbulent-Listen2240', '“Is Cernucci Legit?” No, AVOID IT! Here’s why..', 13, '2022-06-05 00:11', 'https://www.reddit.com/r/jewelry/comments/v4zd47/is_cernucci_legit_no_avoid_it_heres_why/', 'Mainly posting so people who Google this question will find this answer. \n\nBOGOF high quality jewellery. Is it too good to be true?\n\nCernucci, like the majority of new upcoming jewellery websites, is just a bad practice dropship/wholesale business. You can find their suppliers easily on AliExpress. They purchase chains for approx 0.80 and sell them for £50. They will have to cover import duties and packaging costs, but I’ll let you do the math on the outrageous profit margins. Here’s some of their pieces with their AliExpress originals side by side: Image [Album](https://imgur.com/a/vfE13yC)\n\nWhy are people buying it?\n\nBecause Cernucci are spending a fortune on advertising through celebrities. It’s a bad sign when you search for “is Cernucci legit” and all you get is content creators who are paid off. Read through the comments and scroll deeper on Youtube and you’ll uncover the truth. \n\nAccording to Companies House, Cernucci have £5k worth of fixed assets (buildings and equipment) and 5 employees. 2 million in debt, presumably spent a little on stock, but mostly loans to pay celebrities to wear their jewellery. They don’t have financial stability.\n\nDoes that mean it’s bad jewellery? \n\nNo, it’s not particularly bad for gold plated fast fashion jewellery. Not everything made in China is trash. But what’s particularly misleading about what Cernucci do is that they market products as high quality, long-lasting jewellery that’s worn by the rich. It’s absolutely not that. Almost every piece of gold plated jewellery will tarnish leaving whatever material underneath on show. Because this is cheap jewellery, you can bet your ass the layer of gold coating is thin and will wear away even quicker. They ignore comments and reviews that say it turnt their skin green.\n\nShould I buy Cernucci? \n\nIf you want to support and get behind businesses that don’t actually do anything other than resell cheap items by getting celebrities to promote them, then go for it. Have you ever seen the Fyre festival documentary on Netflix? That’s exactly the kind of thing that happens when consumers get behind shitty low effort marketing. It all goes to shit leaving paying customers with nothing.\n\nWhy is this business model almost always bad?\n\nOther than selling to unsuspecting buyers who could’ve bought the same thing for less, the two main issues are longevity and trust.\n\nCompanies who put little to no effort into building a business or a product and pump money into advertising are not able to sustain good levels of customer service. Once complaints and returns start piling in, it becomes very difficult for a small team to manage and they just give up or ignore them. You can see this starting to happening with Cernucci right now. They’ve recently started taking away their lifetime guarantee and most of their bad reviews say that they haven’t received a reply to their complaints.\n\nSecondly, most drop shippers have no clue about the nitty gritty manufacturing process behind their products. They have zero control over product development and improvement, so even if they had good customer service, they can’t stop their products from being shit. \n\nTo be clear, not every drop shipper is destined for failure. But if you’re paying celebrities to sky rocket sales without having a stable business structure to back it up, you’re going to crash and burn and tonnes of tarnished jewellery is going to end up in the ocean or in landfill. Bottom line is that Cernucci is glorified fake jewellery. They sell you a dream based on looking like you’ve got money for ice, but you’re actually buying “hip hop 2022 cool best ice fashion diamond gem bracelet crazy gems bitcoin jewellery”. \n\nAvoid unless you know what you’re buying and don’t really mind.', 'https://www.reddit.com/r/jewelry/comments/v4zd47/is_cernucci_legit_no_avoid_it_heres_why/', 'v4zd47', '[]'], ['u/Lifter_Dan', "Banks still suck. I'm buying even more Bitcoin.", 281, '2022-06-05 00:24', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/', 'In case anyone was wondering, yes banks still suck.\n\nGot locked out of my accounts for 3 days just for buying only 15k worth of Bitcoin. This was not from debt, this was my own cash that I couldn\'t use. No amount of escalations or complaints could make them give me my access again.\n\n"We need more time to investigate the destination of this transaction" is all they would say. Then they forced me to physically travel to a branch to ID myself. Travel was required because they are closing branches since they are not needed. \n\nTo be clear I have no issue with a quick lock to check a transaction. But I do have issue with not unlocking me once I\'ve identified and confirmed, and with making me wait 3 days. \n\nThe feeling of being unbanked for just 3 days is nasty. I feel for the early adopters that lost their banking entirely. In any case it\'s probably similar because I decided it was important to change banks. I can\'t let them do this again.\n\nAs a result of this I\'m moving more savings to Bitcoin, and wasting less time with the stock market.', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/', 'v4zlkt', [['u/frunf1', 14, '2022-06-05 00:33', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/ib6vwj5/', "In case you didn't know. Fiat you have in a bank account is not your cash. The bank simply gives you the right to ask for that quantity in cash.", 'v4zlkt'], ['u/iconoclast63', 103, '2022-06-05 00:33', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/ib6vwq6/', "What you just learned, without it being fully articulated, is the true relationship between your bank and your money. When they can seize your funds, at will, with little or no explanation, that means that it's not YOUR money. It's THEIR money. That's the thing that most people do not understand. When you deposit your money into a bank you are LOANING the bank your money. The bank treats your deposit as a liability, just like a loan. That's why banks need insurance from the federal government to operate, because they can LEGALLY refuse to pay you back at any time with no more consequence than if they had defaulted on a loan. \n\nThey can't do that with Bitcoin in your custody. Only banks and exchanges can do it.", 'v4zlkt'], ['u/Hank___Scorpio', 12, '2022-06-05 01:22', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/ib71aid/', 'My wife and I tried to join our accounts and credit cards. The ordeal took so long and we had to talk to so many people my wife told me we needed more bitcoin twice. She had forgotten she used that joke the first day of the ordeal.', 'v4zlkt'], ['u/vengefulspirit99', 16, '2022-06-05 02:15', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/ib76yxx/', "Exchanges are quickly becoming the banks of the crypto world. This has little to do with banks or their systems. It's human nature to be takers.", 'v4zlkt'], ['u/vattenj', 15, '2022-06-05 03:09', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/ib7cvef/', 'That liability talk is the most misleading one. Once you give someone else the CONTROL of your money, it is no longer your money, no matter it is a loan or free give away. It is just like when someone borrow money from you, you know it is highly likely they will never return it once you give them', 'v4zlkt'], ['u/SnowBastardThrowaway', 10, '2022-06-05 03:15', 'https://www.reddit.com/r/Bitcoin/comments/v4zlkt/banks_still_suck_im_buying_even_more_bitcoin/ib7di7v/', 'The saddest truth about crypto and bitcoin right now is that it’s extremely hard to get around using banks as on and off-ramps to crypto, which of course doesn’t let bitcoin or crypto be much of an alternative.', 'v4zlkt']]], ['u/HootDaBugger', 'A question on “why Bitcoin”', 25, '2022-06-05 03:29', 'https://www.reddit.com/r/BitcoinBeginners/comments/v52x6m/a_question_on_why_bitcoin/', 'I want to say outright that I hold Bitcoin and I’m ... Based 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:** ["Gage Skidmore/The Star News Network/Wikimedia Commons Tech investor and Arizona Republican Senate hopeful Blake Masters acknowledges that the United States has a gun violence problem. But he also has a theory about why there’s a problem—it’s “Black people, frankly.” Masters boiled the issue down in an April 11 interview on the Jeff Oravits Show podcast, telling the host that “we do have a gun violence problem in this country, and it’s gang violence.” “It’s people in Chicago, St. Louis shooting each other. Very often, you know, Black people, frankly,” Masters clarified. “And the Democrats don’t want to do anything about that.” The Epic Back-Scratching Fest Between a GOP Senate Wannabe and a Trumpy Billionaire It’s unclear why Masters—who has pushed the baseless “great replacement” conspiracy theory narrative—felt compelled to single out Black people. Moments earlier in the interview, during a discussion about Justice Ketanji Brown Jackson’s confirmation hearings, Masters told Oravits that “most Americans just, you know, just want to stop obsessing about race all the time,” adding that “the left’s biggest tool in their toolkit is just to divide people on the basis of race, and that’s really messed up.” Republicans frequently cite urban gang violence, most often in Chicago , in attempts to tap out of the gun control debate. While their redirections are often as misleading as they are cliche , those officials aren’t always as forthright as Masters about the racial undertones. But Masters, whom the white nationalist website VDARE fêted last year as an “immigration patriot,” was quite clear about his vision of two Americas. After pinning gun violence on gangs and Black people—and saying, falsely , that Democratic administrations “don’t want to do anything” about gang shootings—the Stanford-educated libertarian went on to complain to Oravits that gun control efforts target “law-abiding people like you and me.” “When they ban ‘ghost guns’ and pistol braces, that’s all about disarming law-abiding people, like you and me, that’s what it’s about,” Masters said, referencing government efforts to crack down on the surge in privately made, untraceable firearms . “They care that we can’t have guns to defend ourselves.” Story continues Peter Thiel Protégé Blake Masters Resigns From Thiel Groups Masters—a Bitcoin evangelist who routinely hawks automated surveillance technology developed by his benefactor, billionaire tech mogul Peter Thiel—claimed that “it’s pretty rare” for homemade firearms to show up in criminal activity. But his information might be outdated. Ghost guns aren’t just built and owned by technocrats, to be appreciated as physical instantiations of political theory. They’re also on the rise among criminals, including in gang activity, according to officials with the Bureau of Alcohol, Tobacco, and Firearms, as well as fresh police data VICE published this week , which documents a 90 percent increase in seizures last year. The day of the Oravits interview, President Joe Biden announced a rule change to address the ghost gun problem. In response, Masters tweeted a photo of his own “ghost” gun kit, claiming that he would be a “felon” under the new rule if he made “another one just like it today.” That’s not accurate . The Biden administration has not banned those weapons, which don’t have serial numbers and can be 3D-printed at home. The new rule doesn’t make it illegal to build your own gun; it applies to people who sell gun kits. Those sellers are now required to become licensed firearms dealers, run background checks on buyers, and include serial numbers on their kits. The rule also targets violence in urban areas—a sore point for Masters—where ghost guns are multiplying. Last year, police seized more than 225 of the weapons in New York City, along with 300 seizures in Baltimore and 455 in Chicago, CBS News reported . And government data shows that law enforcement agencies reported recovering 20,000 suspected ghost guns in criminal investigations last year alone—nearly as many seized over the previous four years combined. GOP Congressman Who Backed Gun Control Drops Re-Election Bid A Masters campaign spokesperson did not reply to a request for comment. Back in the interview, Masters—who has likened federal campaign disclosure laws to Kristallnacht—veered into conspiratorial territory. Democrats “don’t like the Second Amendment,” he said, because “it frankly blocks a lot of their plans for us”—an unhinged, fact-free statement that liberal officials have cooked up a plot to physically force conservatives to comply with some unarticulated maleficent regime, but have been bayed by fears that a constitutionally endowed populace will shoot them if they try. Masters also tossed out misleading red meat gripes about crime in West Coast cities Los Angeles and San Francisco, where Masters lived much of his adult life before relocating to Arizona ahead of his Senate bid. Those cities, he told Oravits, have “legalized crime,” claiming that “you can’t get arrested if you smash someone’s window and take a purse or an iPhone.” It’s not immediately clear what Masters was referring to, but the riff appears to be a nod at Prop 47, which California voters passed at the state (not city) level nearly eight years ago. The Prop 47 coalition included Democrats along with libertarians like Masters, who wanted to roll back felony punishment for lesser offenses, including property crimes like shoplifting. Prop 47 didn’t “legalize crime,” but reclassified certain felonies as misdemeanors. But after the recent rise in property crimes such as “smash and grab” robberies, most Californians support tougher sentencing laws, including overhauling parts of Prop 47. “They talk about crime but I find it crocodile tears,” Masters said, an apparent reference to Democratic outrage over an unending drumroll of domestic massacres. “Because if they were actually tough on crime they would get serious about gang violence.” (Masters himself did not put forward a solution to gang violence in the interview.) Republican Representative and Senate Candidate Blames Abortion For Rise in Gun Violence Masters, 35, is a fairly new name in GOP politics, but he has benefited from powerful friends—including his mentor, Thiel , who threw $10 million into a super PAC backing his primary bid. Thiel’s support went a long way to landing a recent endorsement from former President Donald Trump, who officially blessed Masters on Thursday. It wasn’t a surprise—Trump has a score to settle with Masters’ top opponent, Arizona attorney general Mark Brnovich, who resisted Trump’s pressure to invalidate his state’s 2020 election results. But Masters isn’t MAGA, exactly. He’s more MAGA-adjacent, part of a loosely affiliated group of young, very online hyper-conservatives known as the “new right.” Masters is fiercely anti-tech while being fiercely pro-tech , backs a national abortion ban, claims Democrats want to “import a million people every year to replace Americans who were born here,” has said that the media and big tech “conspired to manipulate the 2020 election”—which he claims “Trump won”—and calls the gender pay gap a “left-wing narrative.” (The “new right” crowd also counts another Trump-endorsed Thiel protege: Ohio Senate candidate JD Vance.) Masters won Trump’s endorsement on Thursday, nine days after an 18-year-old used a legally purchased semiautomatic rifle to slaughter 19 elementary school students and two teachers in Uvalde, Texas. “Blake will fight for our totally under-siege Second Amendment, and WIN!” Trump wrote in his announcement. An hour later, Biden called on the country to support an array of gun control measures in a primetime national address. Read more at The Daily Beast. Got a tip? Send it to The Daily Beast here Get the Daily Beast's biggest scoops and scandals delivered right to your inbox. Sign up now. Stay informed and gain unlimited access to the Daily Beast's unmatched reporting. Subscribe now.", "Gage Skidmore/The Star News Network/Wikimedia Commons Tech investor and Arizona Republican Senate hopeful Blake Masters acknowledges that the United States has a gun violence problem. But he also has a theory about why there’s a problem—it’s “Black people, frankly.” Masters boiled the issue down in an April 11 interview on the Jeff Oravits Show podcast, telling the host that “we do have a gun violence problem in this country, and it’s gang violence.” “It’s people in Chicago, St. Louis shooting each other. Very often, you know, Black people, frankly,” Masters clarified. “And the Democrats don’t want to do anything about that.” The Epic Back-Scratching Fest Between a GOP Senate Wannabe and a Trumpy Billionaire It’s unclear why Masters—who has pushed the baseless “great replacement” conspiracy theory narrative—felt compelled to single out Black people. Moments earlier in the interview, during a discussion about Justice Ketanji Brown Jackson’s confirmation hearings, Masters told Oravits that “most Americans just, you know, just want to stop obsessing about race all the time,” adding that “the left’s biggest tool in their toolkit is just to divide people on the basis of race, and that’s really messed up.” Republicans frequently cite urban gang violence, most often in Chicago , in attempts to tap out of the gun control debate. While their redirections are often as misleading as they are cliche , those officials aren’t always as forthright as Masters about the racial undertones. But Masters, whom the white nationalist website VDARE fêted last year as an “immigration patriot,” was quite clear about his vision of two Americas. After pinning gun violence on gangs and Black people—and saying, falsely , that Democratic administrations “don’t want to do anything” about gang shootings—the Stanford-educated libertarian went on to complain to Oravits that gun control efforts target “law-abiding people like you and me.” “When they ban ‘ghost guns’ and pistol braces, that’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: 2022-06-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $592,168,014,953 - Hash Rate: 222931244.5289159 - Transaction Count: 268921.0 - Unique Addresses: 652057.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: indu4.0 Luzerne, May 11, 2022 (GLOBE NEWSWIRE) -- Switzerland-based indu4.0 Ag plans to conduct an ICO this year, raising $16 million. The company is backed by the indu4.0 platform, which has been developed over the past few years and is now in the testing phase. This year, they want to go online with the indu4.0 platform, which will require quite a bit of money. But it is not only about money, the further developments and visions of the three young founders are big. The founding team consists of two experienced entrepreneurs, who themselves have been working in the industry for over 40 years, and an IT security expert. The public limited company indu4.0 AG is based in Switzerland and has been in existence since 2017. What is indu4.0 indu4.0 is a tool for the manufacturing industry for a self-explanatory and efficient B2B marketplace. With this tool it is possible to find new suitable offers as well as suppliers for the industry in the shortest possible time. The art behind this tool is to present the very complex requirements in a simplified and self-explanatory way. Similar to a platform for car search, with the big difference that the diversity of the industry is much higher. Despite its global importance (automotive industry, mechanical engineering, medical technology, etc.), the industrial sector still has a huge catch-up potential in the area of digitalization and blockchain technology. The founders and investors have the vision to set a new standard worldwide with this platform and to establish the currency of the industry with the INDU token . In addition to the payment system, the blockchain acts as a proof of copyright (plagiarism protection) for exchanged technical drawings as well as CAD data. In addition, details about the awarding of contracts are stored in the blockchain for the purpose of preserving evidence. To ensure that as many people as possible use the platform worldwide, there is a bonus program in which users can earn additional INDU Tokens. The more INDU Tokens a user holds, the higher the reward. Thus, you have redefined the classic staking, and the users work for the rewards, which in turn allows the platform to grow further. Story continues Metaverse In the future, there will be a Metaverse for the manufacturing industry. In the metaverse, companies can advertise their services and products globally. Plants and machines can be presented without traveling. On the one hand, this makes it possible to make the worldwide news accessible to everyone, and on the other hand, it reduces significant emissions. Another feature is the digitization of the company sites themselves, the potential customers can be guided through the production hall before they physically arrive for the first time. The manufacturing companies can independently digitize their production hall with the help of a 3D camera and then link the data to the indu4.0 platform. The entire metaverse is to be accessible from the browser and not necessarily with 3D glasses, so everyone can participate. INDU Token There will be 750'000'000 pieces of the INDU token , 37% share is already sold at the ICO. The selling price is between 0.04 USD and 0.08 USD and the INDU Token will be launched at a price of 0.1 USD. Compared to Bitcoin, the founders have intentionally chosen a higher number of tokens. The INDU Token is intended to become the currency of the industry and make the value behind it more realistically tradable for the masses. Looking at the global industry turnover of 21 trillion USD and the INDU Token establishing itself, the goal of 1 USD for an INDU Token should be within reach. The first rounds of sales will start soon, for more info visit https://indu40.io CONTACT: Christian Dillier token (at) indu40.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Bitcoin (BTC) delivered broad-based crypto market support on Monday, following an end to the record nine-week losing streak.\n• Risk on sentiment from the global equity markets added to the bullish mood, though a pullback in the NASDAQ from day highs limited the upside for the crypto majors.\n• Monday’s rally mirrored the bullish start to the previous week.\nIt was a bullish Monday session for thecryptomarket, with market risk appetite returning at the start of the week.\nAn end to a nine-week losing streak for bitcoin (BTC) set the tone, with the crypto top ten finding strong support through the morning session.\nBitcoin struck a day high of $31,740 before easing back, correlation with the NASDAQ 100 evident in the US session.\nMirroring the gains from Monday, May 30, a pullback from day highs was inevitable, with headwinds ever present.\nIncreased lawmaker chatter on the need for greater regulatory oversight remains a risk. There is also the ongoingSEC v Ripplecase for investors to consider, though it may be some time before the case concludes.\nFrom a more broad-based market risk sentiment perspective, sentiment towards Fed monetary policy remains a headwind. The Fed’s next monetary policy decision and forward guidance will influence ahead of any shift in the regulatory landscape.\nOn Monday, the total crypto market cap jumped by $63 billion to a day high of $1,277 billion before easing.\nSignificantly, the total market avoided a fall to sub-$1,200 billion levels for the first time in four sessions.\nWe continue to see a hold above the May 12 current year low of $1,082 billion as the key to any broad-based recovery.\nOn Monday,BTCrose by 4.84%. A move through $31,500 provided strong market support.\nSOLrallied by 10.01% to lead the way. A bullish morning had seen SOL up by 16%, with a day high of $44.65, before easing back.\nAcross the rest of the top ten,ADA(+7.34%),DOGE(-1.82%),ETH(+2.97%), andXRP(+1.98%) also joined BTC in positive territory.\nBNBbucked the trend, however, with an 1.34% loss.Newsof an SEC investigation into whether Binance Coin was sold as a security in 2017 weighed.\nMarket conditions were benign relative to last week. According toCoinglass, 24-hour liquidations stood at $165.5 million. While up from weekend levels, liquidations remained well below the $500 million levels seen midway through last week.\n1-hour and 4-hour liquidations suggest an easing in selling pressure, which supported the bullish session.\nAt the time of writing, total liquidations over one hour stood at $1.19 million.\nThe markets will likely continue to keep an eye on liquidations, with any spike a test of support.\n• SECinvestigateswhether BNB was a security when sold in 2017.\n• Kim Dotcompredicts‘Great Economic Reset’.\n• Bermudastayson course to become a crypto hub.\n• Dial-indetailsfor the June 7 SEC v Ripple Lab conference on William Hinman’s speech-related documents available for interested parties.\n• US lawmakers todiscussthe ‘Responsible Financial Innovation Act, a bill to introduce crypto regulations.\n• ReutersreportedBinance being a ‘conduit for laundering at least $2.35 billion in illicit funds.’ Binancerespondedto the report.\nThisarticlewas originally posted on FX Empire\n• U.S. asks Mexico to probe whether Stellantis parts plant abused labor rights\n• Jane Street Global sues LME for $15.3 million for cancelling nickel trades\n• U.S. official says will respond forcefully if N.Korea holds nuclear test\n• China’s May exports, imports seen recovering as supply chains restart – Reuters poll\n• Fierce street fighting in Ukraine’s Sievierodonetsk, a pivotal battle for Donbas\n• EU lawmakers face hundreds of amendments in key votes on climate policies', '• Bitcoin (BTC) delivered broad-based crypto market support on Monday, following an end to the record nine-week losing streak.\n• Risk on sentiment from the global equity markets added to the bullish mood, though a pullback in the NASDAQ from day highs limited the upside for the crypto majors.\n• Monday’s rally mirrored the bullish start to the previous week.\nIt was a bullish Monday session for thecryptomarket, with market risk appetite returning at the start of the week.\nAn end to a nine-week losing streak for bitcoin (BTC) set the tone, with the crypto top ten finding strong support through the morning session.\nBitcoin struck a day high of $31,740 before easing back, correlation with the NASDAQ 100 evident in the US session.\nMirroring the gains from Monday, May 30, a pullback from day highs was inevitable, with headwinds ever present.\nIncreased lawmaker chatter on the need for greater regulatory oversight remains a risk. There is also the ongoingSEC v Ripplecase for investors to consider, though it may be some time before the case concludes.\nFrom a more broad-based market risk sentiment perspective, sentiment towards Fed monetary policy remains a headwind. The Fed’s next monetary policy decision and forward guidance will influence ahead of any shift in the regulatory landscape.\nOn Monday, the total crypto market cap jumped by $63 billion to a day high of $1,277 billion before easing.\nSignificantly, the total market avoided a fall to sub-$1,200 billion levels for the first time in four sessions.\nWe continue to see a hold above the May 12 current year low of $1,082 billion as the key to any broad-based recovery.\nOn Monday,BTCrose by 4.84%. A move through $31,500 provided strong market support.\nSOLrallied by 10.01% to lead the way. A bullish morning had seen SOL up by 16%, with a day high of $44.65, before easing back.\nAcross the rest of the top ten,ADA(+7.34%),DOGE(-1.82%),ETH(+2.97%), andXRP(+1.98%) also joined BTC in positive territory.\nBNBbucked the trend, however, with an 1.34% loss.Newsof an SEC investigation into whether Binance Coin was sold as a security in 2017 weighed.\nMarket conditions were benign relative to last week. According toCoinglass, 24-hour liquidations stood at $165.5 million. While up from weekend levels, liquidations remained well below the $500 million levels seen midway through last week.\n1-hour and 4-hour liquidations suggest an easing in selling pressure, which supported the bullish session.\nAt the time of writing, total liquidations over one hour stood at $1.19 million.\nThe markets will likely continue to keep an eye on liquidations, with any spike a test of support.\n• SECinvestigateswhether BNB was a security when sold in 2017.\n• Kim Dotcompredicts‘Great Economic Reset’.\n• Bermudastayson course to become a crypto hub.\n• Dial-indetailsfor the June 7 SEC v Ripple Lab conference on William Hinman’s speech-related documents available for interested parties.\n• US lawmakers todiscussthe ‘Responsible Financial Innovation Act, a bill to introduce crypto regulations.\n• ReutersreportedBinance being a ‘conduit for laundering at least $2.35 billion in illicit funds.’ Binancerespondedto the report.\nThisarticlewas originally posted on FX Empire\n• U.S. asks Mexico to probe whether Stellantis parts plant abused labor rights\n• Jane Street Global sues LME for $15.3 million for cancelling nickel trades\n• U.S. official says will respond forcefully if N.Korea holds nuclear test\n• China’s May exports, imports seen recovering as supply chains restart – Reuters poll\n• Fierce street fighting in Ukraine’s Sievierodonetsk, a pivotal battle for Donbas\n• EU lawmakers face hundreds of amendments in key votes on climate policies', 'Key Insights: Bitcoin (BTC) delivered broad-based crypto market support on Monday, following an end to the record nine-week losing streak. Risk on sentiment from the global equity markets added to the bullish mood, though a pullback in the NASDAQ from day highs limited the upside for the crypto majors. Monday’s rally mirrored the bullish start to the previous week. It was a bullish Monday session for the crypto market, with market risk appetite returning at the start of the week. An end to a nine-week losing streak for bitcoin ( BTC ) set the tone, with the crypto top ten finding strong support through the morning session. Bitcoin struck a day high of $31,740 before easing back, correlation with the NASDAQ 100 evident in the US session. NASDAQ BTC 070622 5 Minute Chart Mirroring the gains from Monday, May 30, a pullback from day highs was inevitable, with headwinds ever present. Increased lawmaker chatter on the need for greater regulatory oversight remains a risk. There is also the ongoing SEC v Ripple case for investors to consider, though it may be some time before the case concludes. From a more broad-based market risk sentiment perspective, sentiment towards Fed monetary policy remains a headwind. The Fed’s next monetary policy decision and forward guidance will influence ahead of any shift in the regulatory landscape. Crypto Market Cap Avoids sub-$1,200 bn for the First Time in 4 Sessions On Monday, the total crypto market cap jumped by $63 billion to a day high of $1,277 billion before easing. Significantly, the total market avoided a fall to sub-$1,200 billion levels for the first time in four sessions. We continue to see a hold above the May 12 current year low of $1,082 billion as the key to any broad-based recovery. Total Market Cap 070622 Daily Chart On Monday, BTC rose by 4.84%. A move through $31,500 provided strong market support. SOL rallied by 10.01% to lead the way. A bullish morning had seen SOL up by 16%, with a day high of $44.65, before easing back. Across the rest of the top ten, ADA (+7.34%), DOGE (-1.82%), ETH (+2.97%), and XRP (+1.98%) also joined BTC in positive territory. Story continues BNB bucked the trend, however, with an 1.34% loss. News of an SEC investigation into whether Binance Coin was sold as a security in 2017 weighed. Total Crypto Liquidations Indicate Subdued Selling Pressure Market conditions were benign relative to last week. According to Coinglass , 24-hour liquidations stood at $165.5 million. While up from weekend levels, liquidations remained well **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: 2022-06-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $570,360,058,775 - Hash Rate: 240765744.0912292 - Transaction Count: 263641.0 - Unique Addresses: 648390.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.15 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (Adds comments from Fed's Kashkari, updates prices) By Karen Brettell NEW YORK, May 6 (Reuters) - The dollar slipped against a basket of currencies on Friday after two volatile days as investors focused on how aggressive the Federal Reserve might be in hiking rates as it tackles rising inflation. The dollar index hit a 20-year high overnight on safe-haven demand, following Thursday's sharp stock sell-off driven by concerns about the Fed's aggressive tightening and as European currencies weakened on worries about growth in the region. It retraced some of these gains, however, as investors evaluated how much of the Fed's hawkishness was already priced into the greenback, and as some analysts suggested that inflation may be nearing a peak. Data on Friday showed U.S. jobs increased more than expected in April. Average hourly earnings rose 0.3% after advancing 0.5% in March. That lowered the year-on-year increase in wages to 5.5% from 5.6% in March. "The good news is that wages were not going up as fast as they were and that should begin to calm down that speculation. The market will have to recognize that maybe inflation is peaking," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. The dollar index reached 104.07, the highest since December 2002, before falling back to 103.64, down 0.09% on the day. "Perhaps today is a day for settling down and seeing less action after two very turbulent days that ultimately leave us at where we started for the week dollar-wise," said Juan Perez, director of trading at Money USA in Washington. "Wages are still nothing stellar while inflation is the main focus for all outlooks." The Fed will have to raise interest rates more aggressively and risk a recession if supply chain issues don't begin to ebb, Minneapolis Fed President Neel Kashkari said on Friday, as he reiterated that policymakers are keenly watching how far rates will have to rise above the neutral level. The next major U.S. economic focus will be consumer price inflation data on Wednesday. This is expected to show that price pressures rose at an annual pace of 8.1% in April, just below March's reading of 8.5%, according to the median estimate of economists polled by Reuters. The euro also got a boost on Friday by relatively hawkish comments from European Central Bank (ECB) officials. The ECB should raise its deposit rate back into positive territory this year, French central bank chief Francois Villeroy de Galhau said, comments that point to his support for at least three rate hikes in 2022. ECB policymaker Joachim Nagel also said that the central bank’s time window for raising interest rates in response to record-high inflation is slowly closing, in an indication he backed a move sooner rather than later. The euro was last at $1.0547, up 0.08% on the day, after earlier falling to $1.04830. It is holding just above a five-year low of $1.0470 reached on April 28. The single currency has weakened as the region struggles with weaker growth and energy disruptions due to sanctions imposed on Russia after its invasion of Ukraine. German industrial production fell more than expected in March as pandemic restrictions and war in Ukraine disrupted supply chains, making it difficult to fill orders, official data showed on Friday. Sterling fell to its lowest level since June 2020, a day after the Bank of England raised interest rates to their highest since 2009 but warned the economy was at risk of recession. The British currency was last down 0.20% at $1.2331, after dropping to $1.2276. In the crypto currency market Bitcoin dipped 1.7% to $35,892. ======================================================== Currency bid prices at 3:00PM (1900 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 103.6400 103.5700 +0.09% 8.339% +104.0700 +103.1800 Euro/Dollar $1.0547 $1.0539 +0.08% -7.23% +$1.0599 +$1.0483 Dollar/Yen 130.5700 130.1900 +0.30% +13.43% +130.8000 +130.1000 Euro/Yen 137.70 137.18 +0.38% +5.66% +138.1500 +136.7500 Dollar/Swiss 0.9882 0.9853 +0.30% +8.34% +0.9888 +0.9829 Sterling/Dollar $1.2331 $1.2356 -0.20% -8.82% +$1.2380 +$1.2276 Dollar/Canadian 1.2906 1.2837 +0.55% +2.08% +1.2910 +1.2816 Aussie/Dollar $0.7074 $0.7114 -0.55% -2.67% +$0.7135 +$0.7059 Euro/Swiss 1.0420 1.0382 +0.37% +0.49% +1.0451 +1.0333 Euro/Sterling 0.8550 0.8525 +0.29% +1.79% +0.8591 +0.8510 NZ $0.6409 $0.6422 -0.12% -6.28% +$0.6457 +$0.6397 Dollar/Dollar Dollar/Norway 9.4890 9.4915 +0.02% +7.76% +9.5785 +9.4100 Euro/Norway 10.0102 10.0009 +0.09% -0.03% +10.0482 +9.9622 Dollar/Sweden 9.9432 9.9406 +0.01% +10.26% +10.0211 +9.8690 Euro/Sweden 10.4879 10.4868 +0.01% +2.48% +10.5239 +10.4530 (Additional reporting by Stephen Culp and Gertrude Chavez-Dreyfuss in New York; Editing by Richard Chang)... - Reddit Posts (Sample): [['u/Important-Process-81', 'Investing in the ETH ecosystem during a bear market. Which companies and projects do you believe will come out of this market correction stronger?', 68, '2022-06-07 00:10', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/', "The bear market we're undergoing is about to seriously expose some folks out there. \nThe majority of crypto companies that were launched in the last 18-24 months have benefited from grossly inflated VC funding and liquidity events. We're about to see financial runways being abruptly adjusted - mass layoffs inbound.. Most retail investors will be wiped out - good luck to anyone that over-leveraged. \n\nOn the flipside, it is also true that this recession will provide great entry prices on all types of companies. Personally, aside from ETH and BTC, I look for projects and companies with moats around technology and IP which I tend to progressively DCA into . Right now, I'm bullish on companies like SingularityDAO, Liquality, Flow Carbon, and Valalha Network. \n\n\nWhat companies do you think will rise out of this bear market stronger?", 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/', 'v6f3zd', [['u/Similar_Extreme5497', 57, '2022-06-07 01:19', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/ibfblqm/', 'Eth is all the matters rn mate', 'v6f3zd'], ['u/chucchinchilla', 14, '2022-06-07 02:06', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/ibfh36w/', 'Came for this, now leaving', 'v6f3zd'], ['u/ffwrd', 36, '2022-06-07 02:10', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/ibfhmd4/', 'Loopring', 'v6f3zd'], ['u/ffwrd', 20, '2022-06-07 02:22', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/ibfj2pu/', 'Making gaz fees almost non existent.\nPowering the upcoming Gamestop nft marketplace.', 'v6f3zd'], ['u/funkedad', 14, '2022-06-07 03:07', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/ibfoh4v/', 'Don’t sleep on loopring, they’ve been building up for years and will come up stronger than ever.', 'v6f3zd'], ['u/0xNLY', 10, '2022-06-07 04:34', 'https://www.reddit.com/r/ethtrader/comments/v6f3zd/investing_in_the_eth_ecosystem_during_a_bear/ibfyme8/', 'Layer 2 is where the action is:\n\nhttp://l2beat.com', 'v6f3zd']]], ['u/Hermandro', 'I just received 0.13 BTC out of nowhere on my Ledger (no address, nothing).', 47, '2022-06-07 01:03', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/', "Not sure how this happened. There's no transaction or address that shows how or from where I received these Bitcoins. I had 0.135 BTC on my Ledger and I bought 0.003. Out of nowhere I now have 0.27 BTC on the Ledger Live, so that's an additional 0.13 BTC. There's no address or transaction for this amount.\n\nIs this a dust attack? Or a mere coincidence? If it's a dust attack, what should I do? Or how can I prevent this? This is worth a lot of it is a dust attack.", 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/', 'v6g8pb', [['u/anotherbrckinTH3Wall', 75, '2022-06-07 01:06', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfa2o2/', 'Not a dust attack for that amount \n\nFirstly, I’d log off and log back in to check again, as the most likely explanation is a false reading. \n\nIt is possible someone sent to you in error, although unlikely.', 'v6g8pb'], ['u/Hermandro', 21, '2022-06-07 01:07', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfa6gb/', 'I keep logging in and out, but it shows that I have this amount in my wallet.', 'v6g8pb'], ['u/sciencetaco', 37, '2022-06-07 01:08', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfaama/', 'Go into Ledger Live settings and clear the cache. See if that fixes it.', 'v6g8pb'], ['u/Hermandro', 116, '2022-06-07 01:11', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfal7a/', 'I was so happy until I clear cashed ):', 'v6g8pb'], ['u/Hermandro', 20, '2022-06-07 01:18', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfbgvd/', 'I just clear cashed, so I believe it should be back in your wallet.', 'v6g8pb'], ['u/plixtern', 29, '2022-06-07 01:28', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfcp7v/', "It's a glitch. Clear your cache on the Ledger Live app.", 'v6g8pb'], ['u/[deleted]', 56, '2022-06-07 01:38', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfdtax/', 'Ledger has some bugs to fix. Sorry to hear you didn’t magically get moar BTC', 'v6g8pb'], ['u/jetro30087', 45, '2022-06-07 01:42', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfed6o/', "I'm happy. If the btc system could sometimes put random btc into random accounts that would be a serious problem.", 'v6g8pb'], ['u/uncontrollableop', 14, '2022-06-07 01:48', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibff24k/', "of course there is an address. otherwise it's not a transaction on the bitcoin network. and you didn't receive it.", 'v6g8pb'], ['u/fckndan', 12, '2022-06-07 02:05', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfh0v2/', 'Use your own node to verify your balances 😉', 'v6g8pb'], ['u/Alphius247', 11, '2022-06-07 02:15', 'https://www.reddit.com/r/Bitcoin/comments/v6g8pb/i_just_received_013_btc_out_of_nowhere_on_my/ibfi7si/', 'Oh, that’s where my sats went! Can you send em back, please?', 'v6g8pb']]], ['u/Hermandro', 'Received a worth of 0.13 BTC out of no where (no address, no transaction)', 27, '2022-06-07 01:05', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/', "Not sure how this happened. There's no transaction or address that shows how or from where I received these Bitcoins. I had 0.135 BTC on my Ledger and I bought 0.003. Out of nowhere I now have 0.27 BTC on the Ledger Live, so that's an additional 0.13 BTC. There's no address or transaction for this amount.\n\nIs this a dust attack? Or a mere coincidence? If it's a dust attack, what should I do? Or how can I prevent this? This is worth a lot of it is a dust attack.", 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/', 'v6ga7d', [['u/Eleuth3ria', 53, '2022-06-07 01:07', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfa5ol/', "98% chance it's a Ledger Live issue. Clear the cache and see if the balance is still the same.", 'v6ga7d'], ['u/Hermandro', 38, '2022-06-07 01:10', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfajmt/', 'This makes me so sad. ):', 'v6ga7d'], ['u/Eleuth3ria', 17, '2022-06-07 01:14', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfazcz/', 'I mean, I could be wrong and someone was robbed at gunpoint and chose to send his last BTC to a random address instead of the robber. And he just happened to have the exact same amount of BTC as you before doing it.\n\nBut clear the cache, and let us know what the real story is!', 'v6ga7d'], ['u/Hermandro', 48, '2022-06-07 01:16', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfb7gh/', 'I clear cashed and now I am sad. ):', 'v6ga7d'], ['u/GerbiJosh', 11, '2022-06-07 02:09', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfhjor/', 'Better than a dust attack 🤷\u200d♂️', 'v6ga7d'], ['u/aFungible', 20, '2022-06-07 02:23', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfj7kg/', 'There is no need to be sad, as it did not belong to you in the first place. Money can rain, jackpots can happen, but no one would magically know your mathematical public address generated on ledger and send you Bitcoin there. There is greater probability of finding specific atom in this universe than your scenario happening ;)\n\nSorry though!', 'v6ga7d'], ['u/Yodel_And_Hodl_Mode', 10, '2022-06-07 02:41', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibflcbz/', "When in doubt, your first move is to **look it up on the blockchain.**\n\nHere's a link: \n[https://www.blockchain.com/explorer](https://www.blockchain.com/explorer)\n\nPut your address in the search box. This will show you your address on the blockchain, which means it will show you what's real. That's the beauty of Bitcoin (and crypto in general). It's on the blockchain.", 'v6ga7d'], ['u/loupiote2', 17, '2022-06-07 03:37', 'https://www.reddit.com/r/ledgerwallet/comments/v6ga7d/received_a_worth_of_013_btc_out_of_no_where_no/ibfs0kw/', "\\> Received a worth of 0.13 BTC out of no where (no address, no transaction)\n\nYou cannot receive BTC without a transaction. That's the way blockchain works. \n\nYou can see the transaction is your transaction history. If needed, clear the cache and reload it. Or view it with some other BTC front-end that can connect to the ledger (Electrum is the best BTC front-end).", 'v6ga7d']]], ['u/YanaFrolova5vz1', 'DeFi on Bitcoin, What Are Your Opinions?', 60, '2022-06-07 01:27', 'https://www.reddit.com/r/defi/comments/v6gq0b/defi_on_bitcoin_what_are_your_opinions/', "Hey everyone, I’ve been slo... Based 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 bitcoin (BTC) bounce back from a day low of $29,210 suggests a possible bottoming out, while the altcoins had a mixed session.\n• Risk on sentiment delivered much-needed support, with hopes of a peak in US inflation providing the appetite for riskier assets.\n• XRP and Cardano (ADA) found support, while Solana (SOL) and Binance Coin (BNB) struggled.\nIt was a mixed Tuesday session for thecryptomarket, with the news wires and network updates delivering mixed results.\nAfter ending a nine-week losing streak, bitcoin (BTC) bounced back from a day low of $29,210 to end the day at $31,112.\nSupport came from the NASDAQ 100, which rose by 0.94%. Hopes of a peak in US inflation supported a recovery from early losses.\nBitcoin struck a late intraday high of $31,551 before easing back, correlation with the NASDAQ 100 evident in the US session.\nBitcoin movement through the early part of the week mirrored the direction from Monday and Tuesday of last week.\nThe crypto market bulls will be looking for bitcoin to stand its ground on Wednesday, however, and consolidate its return to $31,000.\nHeadwinds linger, which could limit any near-term crypto market breakout.\nNews of the SEC investigatingBinance, increased lawmaker and regulatory scrutiny, and next week’s Fed monetary policy decision will likely continue to test investor appetite.\nOn Tuesday, the total crypto market cap slumped to a day low of $1,179 billion before an afternoon rebound.\nThe fall to sub-$1,200 billion was the fourth in five sessions. Despite the afternoon rebound, the total market cap slipped by $14 billion.\nFor those eyeing trends, a bottoming out is also evident, though a hold above the May 12 current-year low of $1,082 billion will remain the key.\nOn Tuesday,BTCfell by 0.77%, with a late pullback leaving bitcoin in the red.\nSOLslid by 7.20%, with network vulnerabilities continuing to test support. On June 4, SOL slid to a current-year low of $35.72 in response to another network shutdown lasting more than four hours.\nBNBsaw red for a third consecutive day, falling by 1.66%.Newsof an SEC investigation into whether Binance Coin was sold as a security in 2017 continued to test support.\nAcross the rest of the top ten,DOGE(-2.57%) andETH(-2.49%) also joined bitcoin in the red.\nADAandXRPbucked the trend, however, rising by 0.82% and 1.08%, respectively.\nOver 24 hours, total liquidations spiked, reflecting the Tuesday morning sell-off. According toCoinglass, 24-hour liquidations stood at $301.83 million, up from sub-$100 million levels seen over the weekend. While up from weekend levels, liquidations remained below the $500 million levels from last week.\n1-hour liquidations suggested an easing in selling pressure.\nAt the time of writing, total liquidations over one hour stood at $5.21 million.\n• SECinvestigateswhether BNB was a security when sold in 2017.\n• A court-scheduledSEC-Rippleconference is taking place to address the SEC’s claim that all of William Hinman’s speech-related documents fall under the attorney-client privilege.\n• PayPalannouncedthe option to send and receive crypto to other wallets.\n• Cardano (ADA)continuedto find support as the Vasil hard fork date nears.\n• US Senatorslookedto hand crypto oversight to the CFTC.\nThisarticlewas originally posted on FX Empire\n• Ukraine and Russia: What you need to know right now\n• Carrefour Brasil to elect new board members, sets governance norms\n• Brazil police question fishermen over missing British journalist, indigenous expert\n• China will adopt targeted measures to help foreign trade firms: vice commerce minister\n• Uniqlo owner to raise prices on fleece products due to weak yen\n• San Francisco district attorney recalled amid crime concerns', '• A bitcoin (BTC) bounce back from a day low of $29,210 suggests a possible bottoming out, while the altcoins had a mixed session.\n• Risk on sentiment delivered much-needed support, with hopes of a peak in US inflation providing the appetite for riskier assets.\n• XRP and Cardano (ADA) found support, while Solana (SOL) and Binance Coin (BNB) struggled.\nIt was a mixed Tuesday session for thecryptomarket, with the news wires and network updates delivering mixed results.\nAfter ending a nine-week losing streak, bitcoin (BTC) bounced back from a day low of $29,210 to end the day at $31,112.\nSupport came from the NASDAQ 100, which rose by 0.94%. Hopes of a peak in US inflation supported a recovery from early losses.\nBitcoin struck a late intraday high of $31,551 before easing back, correlation with the NASDAQ 100 evident in the US session.\nBitcoin movement through the early part of the week mirrored the direction from Monday and Tuesday of last week.\nThe crypto market bulls will be looking for bitcoin to stand its ground on Wednesday, however, and consolidate its return to $31,000.\nHeadwinds linger, which could limit any near-term crypto market breakout.\nNews of the SEC investigatingBinance, increased lawmaker and regulatory scrutiny, and next week’s Fed monetary policy decision will likely continue to test investor appetite.\nOn Tuesday, the total crypto market cap slumped to a day low of $1,179 billion before an afternoon rebound.\nThe fall to sub-$1,200 billion was the fourth in five sessions. Despite the afternoon rebound, the total market cap slipped by $14 billion.\nFor those eyeing trends, a bottoming out is also evident, though a hold above the May 12 current-year low of $1,082 billion will remain the key.\nOn Tuesday,BTCfell by 0.77%, with a late pullback leaving bitcoin in the red.\nSOLslid by 7.20%, with network vulnerabilities continuing to test support. On June 4, SOL slid to a current-year low of $35.72 in response to another network shutdown lasting more than four hours.\nBNBsaw red for a third consecutive day, falling by 1.66%.Newsof an SEC investigation into whether Binance Coin was sold as a security in 2017 continued to test support.\nAcross the rest of the top ten,DOGE(-2.57%) andETH(-2.49%) also joined bitcoin in the red.\nADAandXRPbucked the trend, however, rising by 0.82% and 1.08%, respectively.\nOver 24 hours, total liquidations spiked, reflecting the Tuesday morning sell-off. According toCoinglass, 24-hour liquidations stood at $301.83 million, up from sub-$100 million levels seen over the weekend. While up from weekend levels, liquidations remained below the $500 million levels from last week.\n1-hour liquidations suggested an easing in selling pressure.\nAt the time of writing, total liquidations over one hour stood at $5.21 million.\n• SECinvestigateswhether BNB was a security when sold in 2017.\n• A court-scheduledSEC-Rippleconference is taking place to address the SEC’s claim that all of William Hinman’s speech-related documents fall under the attorney-client privilege.\n• PayPalannouncedthe option to send and receive crypto to other wallets.\n• Cardano (ADA)continuedto find support as the Vasil hard fork date nears.\n• US Senatorslookedto hand crypto oversight to the CFTC.\nThisarticlewas originally posted on FX Empire\n• Ukraine and Russia: What you need to know right now\n• Carrefour Brasil to elect new board members, sets governance norms\n• Brazil police question fishermen over missing British journalist, indigenous expert\n• China will adopt targeted measures to help foreign trade firms: vice commerce minister\n• Uniqlo owner to raise prices on fleece products due to weak yen\n• San Francisco district attorney recalled amid crime concerns', 'Key Insights: A bitcoin (BTC) bounce back from a day low of $29,210 suggests a possible bottoming out, while the altcoins had a mixed session. Risk on sentiment delivered much-needed support, with hopes of a peak in US inflation providing the appetite for riskier assets. XRP and Cardano (ADA) found support, while Solana (SOL) and Binance Coin (BNB) struggled. It was a mixed Tuesday session for the crypto market, with the news wires and network updates delivering mixed results. After ending a nine-week losing streak, bitcoin ( BTC ) bounced back from a day low of $29,210 to end the day at $31,112. Support came from the NASDAQ 100, which rose by 0.94%. Hopes of a peak in US inflation supported a recovery from early losses. Bitcoin struck a late intraday high of $31,551 before easing back, correlation with the NASDAQ 100 evident in the US session. NASDAQ BTC 080622 5 Minute Chart Bitcoin movement through the early part of the week mirrored the direction from Monday and Tuesday of last week. The crypto market bulls will be looking for bitcoin to stand its ground on Wednesday, however, and consolidate its return to $31,000. Headwinds linger, which could limit any near-term crypto market breakout. News of the SEC investigating Binance , increased lawmaker and regulatory scrutiny, and next week’s Fed monetary policy decision will likely continue to test investor appetite. Crypto Market Cap Slides to sub-$1,800bn Before the Bounce Back On Tuesday, the total crypto market cap slumped to a day low of $1,179 billion before an afternoon rebound. The fall to sub-$1,200 billion was the fourth in five sessions. Despite the afternoon rebound, the total market cap slipped by $14 billion. For those eyeing trends, a bottoming out is also evident, though a hold above the May 12 current-year low of $1,082 billion will remain the key. Total Market Cap 080622 Daily Chart On Tuesday, BTC fell by 0.77%, with a late pullback leaving bitcoin in the red. SOL slid by 7.20%, with network vulnerabilities continuing to test support. On June 4, SOL slid to a current-year low of $35.72 in response to another network shutdown lasting more than four hours. Story continues BNB saw red for a third consecutive day, falling by 1.66%. News of an SEC investigation into whether Binance Coin was sold as a security in 2017 continued to test support. Across the rest of the top ten, DOGE (-2.57%) and ETH (-2.49%) also joined bitcoin in the red. ADA and XRP bucked the trend, however, rising by 0.82% 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: 2022-06-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $580,171,553,645 - Hash Rate: 266405768.7361438 - Transaction Count: 261597.0 - Unique Addresses: 656376.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.17 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Silver prices eased as benchmark yields rise. • Treasury yields continue to climb amid rising inflation and tight monetary policy. • Oil prices fell as IMF reduced growth forecasts and expressed inflation concerns. Silverpricesdeclined today as the dollar and benchmark yields strengthened despite rising inflation concerns. The ten-year yield hit its highest level since 2018 near 2.93% today as rising inflation has caused a bond sell-off. This situation has buoyed yields. Gold prices fell as the dollar strengthened as investors prepared for more Fed rate hikes to combat spiraling inflation. Oil prices moved lower in volatile trading despite the ongoing global supply shortage as the IMF increases concerns over inflation and reduced economic growth expectations. Housing starts unexpectedly increased by 0.3% in March to a seasonally adjusted 1.793 million units. Building permits rose 0.4% to an annual rate of 1.873 units last month. Higher mortgage rates and supply chain disruptions are making home buying more difficult for buyers. However, the low housing supply will continue to underpin housing starts this year. Silver prices gave up yesterday’s gains, dropping to the low $25s level. Despite elevated inflation and global supply issues due to the Russia-Ukraine War, silver prices are reversing lower. This could be a short-term move reversed by investors buying the dip or a shift to negative momentum. Support is seen near the 50-day moving average of $24.85. Resistance is near the $26.40 level. Short-term momentum turned negative as the fast stochastic had a crossover sell signal. The medium-term momentum is positive but facing negative momentum as the histogram prints positively with the MACD (moving average convergence divergence). The trajectory of theMACDhistogram is in positive territory but moving negative, which reflects the downward trend in price movement. Thisarticlewas originally posted on FX Empire • Best Consumer Staples Stocks To Buy Now • Bitcoin and ETH Smash Resistance, Rune Bulls Aim Big • S&P 500 Futures Continue to Consolidate • Gold Prices Drop as Yields Surge Higher • Silver Markets Get Hammered • Gold Markets Breakthrough Recent Consolidation... - Reddit Posts (Sample): [['u/FatherP_GC', 'Can I convert my 401K contributions to Bitcoin somehow?', 10, '2022-06-08 00:06', 'https://www.reddit.com/r/Bitcoin/comments/v796i0/can_i_convert_my_401k_contributions_to_bitcoin/', 'I contribute a chunk of my paycheck into my 401k and my employer matches 50%. Is there a way to convert this into a Bitcoin fund? I think we use the company, Principal. I’ve heard of Crypto IRAs. Could I take advantage of this somehow? Thanks in advance.', 'https://www.reddit.com/r/Bitcoin/comments/v796i0/can_i_convert_my_401k_contributions_to_bitcoin/', 'v796i0', [['u/Dizzy-Cat8318', 10, '2022-06-08 00:15', 'https://www.reddit.com/r/Bitcoin/comments/v796i0/can_i_convert_my_401k_contributions_to_bitcoin/ibjg1w0/', 'Only if you employer allows it as an option, which it more than likely doesnt right now. Another option is to take a loan out of your 401k, you can borrow 50% over 5 years for most companies, and when you pay back your loan your just paying yourself back and the interest on the loan usually goes right into your 401k aswell. its money you already saved / set aside your just borrow from yourself rather than borrow new money to pay back, if you get fired or quit it will just be taxed as if you took out your 401k.', 'v796i0']]], ['u/TranquilFlow', 'How are you going to split your purchases from Roundify?', 29, '2022-06-08 00:31', 'https://www.reddit.com/r/EmpireCapitalToken/comments/v79suh/how_are_you_going_to_split_your_purchases_from/', "The Roundify alpha is progressing well! Valuable feedback is being collected and Sanem Digital continues to make good progress on moving towards the next stage of Roundify.\n\nWhenever you make a purchase in your everyday life, with Roundify it will round up the amount you spent to the nearest denomination. This money can be allocated towards various cryptocurrencies, with ECC always being part of the split.\n\nWhile it has not been confirmed what exactly will be available to purchase, BTC, ETH, ECC are all in for sure and tokens of projects that have partnerships with us will be eligible to be included as an option. Again, while this may be subject to change, there are going to be options for splitting your round up. So you could go 20% in 5 cryptos, 25% in 4 cryptos, 33% in 3 cryptos, 50% in 2 cryptos or 100% in 1 crypto.\n\nSo how will you split your round up purchases? Remember! ECC is always part of the split, which is why Roundify and the volume it will bring in is going to be an immensely positive catalyst for Empire Capital and it's ecosystem.\n\nHope you are all looking forward to the 2nd half of this year as I am! :D", 'https://www.reddit.com/r/EmpireCapitalToken/comments/v79suh/how_are_you_going_to_split_your_purchases_from/', 'v79suh', [['u/senorrie', 13, '2022-06-08 00:56', 'https://www.reddit.com/r/EmpireCapitalToken/comments/v79suh/how_are_you_going_to_split_your_purchases_from/ibjkxs4/', '100% $ECC allocation. Best growth opportunity at this moment. It has the power to go x1000 within 3 years.', 'v79suh'], ['u/Prestigious-Hat-348', 12, '2022-06-08 01:37', 'https://www.reddit.com/r/EmpireCapitalToken/comments/v79suh/how_are_you_going_to_split_your_purchases_from/ibjpsrn/', 'I agree 100% of my allocations will be put towards $ECC. You only need to check out their TG group to know that this is the next x1000 gem\nInvite link: \nhttps://t.me/ecc_capital\n\nEmpireDEX - $EMPIRE\nEmpire Capital Token - $ECC\n\napp.empiredex.org\necc.capital', 'v79suh'], ['u/ObjectiveNo5532', 12, '2022-06-08 02:39', 'https://www.reddit.com/r/EmpireCapitalToken/comments/v79suh/how_are_you_going_to_split_your_purchases_from/ibjx339/', '$ECC and Roundify are going to become house hold names and make a lot of people very wealthy.', 'v79suh']]], ['u/SknotP524', '63 Members of Congress Fail to Comply With The Stock Act – Both Democrats and Republicans', 124, '2022-06-08 00:49', 'https://www.reddit.com/r/conspiracy/comments/v7a6gx/63_members_of_congress_fail_to_comply_with_the/', 'Below is the list of all the members of Congress who have failed to comply with the Stock Act \n\nSource:[63 Members Of Congress](https://www.realnewsnotbs.com/2022/06/07/63-members-of-congress-fail-to-comply-with-the-stock-act/)\n\nDemocrats:\nSen Dianne Feinstein (late disclosure of a five-figure investment into a polling company)\nSen Sheldon Whitehouse (late disclosure of stock purchase in Target & Tesla)\nSen Tom Carper (four months late disclosing his wife’s stock trade in a gold mining company)\nSen John Hickenlooper (More than a year late disclosing 5 stock trades valued between $565,000 – $1.3 million)\nSen Gary Peters (2 months late disclosing purchase of stock)\nSen Mark Kelly (failed to disclose a stock option in an investment company)\nRep Katherine Clark (almost 2 months late in disclosing 19 stock transactions worth up to $285,000)\nRep Mikie Sherrill (late to disclose trades valued up to $350,000)\nRep Tom Malinowski (failed to disclose $671,000-$2,760,000 worth of stock trades into various companies, including a COVID-19 testing business)\nRep Susie Lee (failed to disclose 203 stock trades worth $3,300,000)\nRep Jamie Raskin (failed to disclose the sale of stock valued at $1.5 million)\nRep Kathy Manning (months late to disclose stock trades worth up to $1.25 million)\nRep Sean Patrick Maloney (months late disclosing stock he inherited)\nRep Debbie Wasserman Schultz (months late on reporting stock trades for herself & child)\nRep Lori Trahan (late disclosing stock trade in a software company)\nRep Brad Schneider (two months late disclosing stock trades)\nRep David Trone (almost three months late reporting 7 stock trades worth up to $250,000)\nRep Bill Pascrell (late disclosing stock trades in Johnson & Johnson)\nRep Kathy Castor (late disclosing stock trade valued at $30,000)\nRep Brian Higgins (11 months late disclosing stock trades)\nRep Cheri Bustos (months late disclosing sale of $150,000 worth of stock)\nRep Kim Schrier (2 months late disclosing her husband’s purchase of $1 million worth of Apple. Claims she did not know about her husband’s purchase)\nRep Alan Lowenthal (late disclosing spouses purchase of stock in tech company)\nRep Kurt Schrader (failed to disclose stock trades)\nRep Ed Perlmutter (4 days late reporting stock trades valued at $30,000)\nRep Dwight Evans (failed to disclose stock sale up $15,000)\nRep Tom Suozzi (failed to report 300 stock trades)\nRep Bobby Scott (months late disclosing stock sales)\nRep Cindy Axne (failed to report 36 stock trades)\nRep Michael San Nicolas (improperly disclosed two trades)\nRep Peter Welch (failed to disclose spouses sale of ExxonMobil)\nRepublicans:\nSen Tommy Tuberville (late disclosing 127 stock trades from January to May)\nSen Roger Marshall (17 months late disclosing stock trades for one of his children)\nSen Rand Paul (16 months late disclosing stock bought by his wife in a company that manufactures COVID 19 treatment)\nSen Cynthia Lummis (seven days late disclosing a $100,000 purchase in bitcoin)\nRep Madison Cawthorn (months late in disclosing up to $250,000 of LGB coin)\nRep Jim Hagedorn (3 months late disclosing stock trades)\nRep Roger Williams (Failed to disclose wife’s stock trades)\nRep Michael Guest (8 months late in disclosing stock trades in two oil companies)\nRep Jim Banks (week late in reporting stock trades)\nRep Rob Wittman (three days late reporting stock trades in Johnson & Johnson)\nRep Brian Mast (late disclosing stock buy worth $100,000 in an aerospace company)\nRep John Rutherford (failed to disclose 5 stock transactions)\nRep Pete Sessions (late multiple times reporting stock trades)\nRep Dan Meuser (A year late disclosing hundreds of thousands of dollars in stock purchases his wife and children made)\nRep Steve Chabot (months late disclosing stock trades)\nRep Victoria Spartz (two weeks late disclosing $50,000 stock buys)\nRep Rick Allen (improperly disclosed 7 stock trades)\nRep Austin Scott (week late reporting trades by his wife)\nRep August Pfluger (seven months late disclosing multiple stock trades)\nRep Mo Brooks (failed to disclose the sale of $50,000 worth of Pfizer Stock)\nRep Mike Kelly (7 weeks late on reporting stock trades by his wife)\nRep Chris Jacobs (2 months late filing stock trades)\nRep Warren Davidson (improperly disclosed $100,000 worth of stock)\nRep Lance Gooden (failed to properly disclose stock trades; his office disputes allegation)\nRep Chuck Fleischmann (late disclosing stock trades valued at $30,000)\nRep Michael Burgess (late to disclose the sale of 100 stocks)\nRep Pat Fallon (months late disclosing stock trades worth $17,530,000)\nRep Diana Harshbarger (failed to properly disclose over 700 stock trades worth $10.9 million)\nRep Kevin Hern (late to disclose $2.7 million worth of stock trades)\nRep Dan Crenshaw (late to disclose 7 stock trades)\nRep Blake Moore (failed to disclose multiple stock trades valued up to $1.1 million)', 'https://www.reddit.com/r/conspiracy/comments/v7a6gx/63_members_of_congress_fail_to_comply_with_the/', 'v7a6gx', [['u/SknotP524', 20, '2022-06-08 00:53', 'https://www.reddit.com/r/conspiracy/comments/v7a6gx/63_members_of_congress_fail_to_comply_with_the/ibjkiu4/', 'SS: Members of Congress from both political parties are breaking the law by failing to report their earnings from stock investments. Above is a list of all the members who have failed to report and how much they have failed.\n\nI figured everyone should be informed since there’s sometimes political debates on this sub. I’m very conservative leaning but we have to see that politicians on both sides of the spectrum can be corrupted', 'v7a6gx'], ['u/prudhviraju9', 21, '2022-06-08 03:25', 'https://www.reddit.com/r/conspiracy/comments/v7a6gx/63_members_of_congress_fail_to_comply_with_the/ibk2fxh/', "You need to format the list ...it's difficult to read.", 'v7a6gx']]], ['u/CWOOTA', 'Early-Retirement or Never-Retirement ?', 43, '2022-06-08 01:51', '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:** ['• A bitcoin (BTC) slide back to sub-$30,000 before a partial recovery reflected investor sentiment as crypto headwinds linger.\n• Inflation jitters returned, hitting the US equity markets, which spilled over to the crypto markets mid-week\n• From the crypto top 10, Cardano (ADA) bucked the market trend, with sentiment towards the upcoming Vasil hard fork delivering support.\nIt was a mixed Wednesday session for thecryptomarket. Network news updates supported several cryptos, while the broader market suffered at the hands of inflation jitters.\nAfter a promising start to the week, bitcoin (BTC) saw red for a second consecutive day. Significantly, bitcoin visited sub-$30,000 for eight days in a row before a partial recovery to $30,000 levels.\nOnce more, bitcoin correlation with the NASDAQ 100 was evident throughout the session. The NASDAQ 100 fell by 0.73%, with a spike in oil prices weighing on risk appetite.\nFrom the chart below, bitcoin and the NASDAQ 100’s inverse correlation with WTI crude oil prices was also apparent in recent sessions. The markets are taking crude oil prices as a gauge for inflation.\nOn Wednesday, the total crypto market cap fell to a day low of $1,202 billion before steadying. Ending the day at $1,217 billion, another $24 billion came off, following a $14 billion decline on Tuesday. The two consecutive days of losses left the total market cap down for the current week.\nOn a trend basis, a bottoming out remains evident despite the pullback. However, a hold above the May 12 current-year low of $1,082 billion remains pivotal.\nOn Wednesday,ADArallied by 4.40% to lead the top ten majors. Outside of the top ten, Chainlink (LINK) slipped by 0.22% to consolidate Tuesday’s 9% breakout on LINK stakingnews.\nThe rest of the top ten saw red.\nBTCfell by 3.0%, withBNB(-0.59%),DOGE(-1.36%),ETH(-1.17%),SOL(-1.29%), andXRP(-1.78%) also struggling.\nWhile it was a bearish session for the broader market, the Loomis and Gillibrand bill could end the debate over whether altcoins are commodities or securities. The Bill asserts that “most digital assets are more like commodities than securities, meaning that cryptos would also fall under the purview of the CFTC and not the SEC.\nOver 24 hours, total liquidations eased back from Wednesday levels but remained elevated. According toCoinglass, 24-hour liquidations stood at $158.58 million, down from $301.83 million at the same time yesterday. However, liquidations were up from sub-$100 million levels seen over the weekend.\n1-hour liquidations suggested improving market conditions\nAt the time of writing, total liquidations over one hour stood at $2.05 million.\n• A bipartisanbillbacked by Republican Cynthia Lummis and Democrat Kirsten Gillibrand would make the CFTC the crypto watchdog.\n• Citadel Securitiesbuildsa crypto trading marketplace.\n• Solanainvests$100 million in web3 starts-ups, focusing on gaming.\n• Updates from the June 7 court-scheduled SEC-Ripple conferencefavoredRipple Lab.\n• Ethereum passed its next milestone in migrating to a proof-of-stake protocol with the successfulmergeof the Ropsten testnet.\n• The New York Department of Financial Services (NYDFS)publishedguidelines on the issuance of stablecoin.\nThisarticlewas originally posted on FX Empire\n• Indonesian navy officers ask for $375,000 to release tanker – sources\n• Deloitte denies media reports on restructuring plans\n• How a battery shortage is hampering the U.S. switch to wind, solar power\n• Thai consumer mood at 9-min low in May on living costs, Ukraine war\n• U.S. sets high bar to settle Facebook antitrust suit -FTC chair\n• Biden says Republicans bullied by gun lobby during late-night show visit', 'Key Insights: A bitcoin (BTC) slide back to sub-$30,000 before a partial recovery reflected investor sentiment as crypto headwinds linger. Inflation jitters returned, hitting the US equity markets, which spilled over to the crypto markets mid-week From the crypto top 10, Cardano (ADA) bucked the market trend, with sentiment towards the upcoming Vasil hard fork delivering support. It was a mixed Wednesday session for the crypto market. Network news updates supported several cryptos, while the broader market suffered at the hands of inflation jitters. After a promising start to the week, bitcoin ( BTC ) saw red for a second consecutive day. Significantly, bitcoin visited sub-$30,000 for eight days in a row before a partial recovery to $30,000 levels. Once more, bitcoin correlation with the NASDAQ 100 was evident throughout the session. The NASDAQ 100 fell by 0.73%, with a spike in oil prices weighing on risk appetite. From the chart below, bitcoin and the NASDAQ 100’s inverse correlation with WTI crude oil prices was also apparent in recent sessions. The markets are taking crude oil prices as a gauge for inflation. NASDAQ BTC WTI 090622 5 Minute Chart Crypto Market Cap Avoided sub-$1,800bn Despite the Bearish Session On Wednesday, the total crypto market cap fell to a day low of $1,202 billion before steadying. Ending the day at $1,217 billion, another $24 billion came off, following a $14 billion decline on Tuesday. The two consecutive days of losses left the total market cap down for the current week. On a trend basis, a bottoming out remains evident despite the pullback. However, a hold above the May 12 current-year low of $1,082 billion remains pivotal. Total Market Cap 090622 Daily Chart On Wednesday, ADA rallied by 4.40% to lead the top ten majors. Outside of the top ten, Chainlink ( LINK ) slipped by 0.22% to consolidate Tuesday’s 9% breakout on LINK staking news . The rest of the top ten saw red. BTC fell by 3.0%, with BNB (-0.59%), DOGE (-1.36%), ETH (-1.17%), SOL (-1.29%), and XRP (-1.78%) also struggling. Story continues While it was a bearish session for the broader market, the Loomis and Gillibrand bill could end the debate over whether altcoins are commodities or securities. The Bill asserts that “most digital assets are more like commodities than securities, meaning that cryptos would also fall under the purview of the CFTC and not the SEC. Total Crypto Liquidations Indicate Subdued Selling Pressure Over 24 hours, total liquidations eased back from Wednesday levels but remained elevated. According to Coinglass , 24-hour liquidations stood at $158.58 million, down from $301.83 million at the same time yesterday. However, liquidations were up from sub-$100 million levels seen over the weekend. 1-hour liquidations suggested improving market conditions At the time of writing, total liquidations over one hour stood at $2.05 million. Total Crypto Liquidations 090622 Crypto Daily News Highlights A bipartisan bill backed by Republican Cynthia Lummis and Democrat Kirsten Gillibrand would make the CFTC the crypto watchdog. Citadel Securities builds a crypto trading marketplace. Solana invests $100 million in web3 starts-ups, focusing on gaming. Updates from the June 7 court-scheduled SEC-Ripple conference favored Ripple Lab. Ethereum passed its next milestone in migrating to a proof-of-stake protocol with the successful merge of the Ropsten testnet. The New York Department of Financial Services (NYDFS) published guidelines on the issuance of stablecoin. This article was originally posted on FX Empire More From FXEMPIRE: Indonesian navy officers ask for $375,000 to release tanker – sources Deloitte denies media reports on restructuring plans How a battery shortage is hampering the U.S. switch to wind, solar power Thai consumer mood at 9-min low in May on living costs, Ukraine war U.S. sets high bar to settle Facebook antitrust suit -FTC chair Biden says Republicans bullied by gun lobby during late-night show visit', '• A bitcoin (BTC) slide back to sub-$30,000 before a partial recovery reflected investor sentiment as crypto headwinds linger.\n• Inflation jitters returned, hitting the US equity markets, which spilled over to the crypto markets mid-week\n• From the crypto top 10, Cardano (ADA) bucked the market trend, with sentiment towards the upcoming Vasil hard fork delivering support.\nIt was a mixed Wednesday session for thecryptomarket. Network news updates supported several cryptos, while the broader market suffered at the hands of inflation jitters.\nAfter a promising start to the week, bitcoin (BTC) saw red for a second consecutive day. Significantly, bitcoin visited sub-$30,000 for eight days in a row before a partial recovery to $30,000 levels.\nOnce more, bitcoin correlation with the NASDAQ 100 was evident throughout the session. The NASDAQ 100 fell by 0.73%, with a spike in oil prices weighing on risk appetite.\nFrom the chart below, bitcoin and the NASDAQ 100’s inverse correlation with WTI crude oil prices was also apparent in recent sessions. The markets are taking crude oil prices as a gauge for inflation.\nOn Wednesday, the total crypto market cap fell to a day low of $1,202 billion before steadying. Ending the day at $1,217 billion, another $24 billion came off, following a $14 billion decline on Tuesday. The two consecutive days of losses left the total market cap down for the current week.\nOn a trend basis, a bottoming out remains evident despite the pullback. However, a hold above the May 12 current-year low of $1,082 billion remains pivotal.\nOn Wednesday,ADArallied by 4.40% to lead the top ten majors. Outside of the top ten, Chainlink (LINK) slipped by 0.22% to consolidate Tuesday’s 9% breakout on LINK stakingnews.\nThe rest of the top ten saw red.\nBTCfell by 3.0%, withBNB(-0.59%),DOGE(-1.36%),ETH(-1.17%),SOL(-1.29%), andXRP(-1.78%) also struggling.\nWhile it was a bearish session for the broader market, the Loomis and Gillibrand bill could end the debate over whether altcoins are commodities or securities. The Bill asserts that “most digital assets are more like commodities than securities, meaning that cryptos would also fall under the purview of the CFTC and not the SEC.\nOver 24 hours, total liquidations eased back from Wednesday levels but remained **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: 2022-06-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $578,009,698,961 - Hash Rate: 219787040.37955952 - Transaction Count: 262105.0 - Unique Addresses: 661923.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.11 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Remember that classic scene from Trading Places where characters played by Ralph Bellamy and Don Ameche use breakfast foods to teach Eddie Murphy’s character about commodity markets? Well, Direxion has more or less packaged that concept in an exchange-traded fund (minus the plate of gold bars) that launched today. TheDirexion Breakfast Commodities Strategy ETF (BRKY)offers futures-based exposure to the price of corn, coffee, lean hogs, sugar, Chicago wheat and orange juice. The fund comes with an expense ratio of 0.70% and lists on the NYSE Arca. Like most of the more recently launched commodity futures products, BRKY relies on a ’40 Act fund structure, using a Cayman Islands subsidiary to hold its futures portfolio. That means investors in BRKY will not have to deal with the inconvenience of a K-1 form at tax time. The fund tracks the performance of the S&P GSCI Dynamic Roll Breakfast (OJ 5% Capped) Index, with weightings determined by global production, although orange juice is limited to a weighting of 5%. The index is not a front-month one; instead, it buys the contract with the largest roll yield, the prospectus says. The document notes that at inception, corn had a weight in the index of 41.22%, with coffee at 8.06%, lean hogs at 13.2%, sugar at 11.68%, Chicago wheat at 24.52% and orange juice at 1.32%. The largest agricultural commodities ETF is the $2.4 billionInvesco DB Agriculture Fund (DBA), which does not include orange juice futures in its portfolio, but does include soybeans, cotton, cocoa, live cattle and feeder cattle. Contact Heather Bell [email protected] Recommended Stories • Hot Reads: Investors Aren’t Buying Into The Metaverse • Hot Reads: SEC Under Fire For Proposed Trading Rules • Do We Need A Spot Bitcoin ETF? • Hot Reads: A Total Return Solution For EM Debt Permalink| © Copyright 2022ETF.com.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:** ['London --News Direct-- Huobi Global Huobi Global, a world-leading cryptocurrency exchange and blockchain solutions provider, today announced its investment in Cube, a public chain that provides innovative infrastructure for Web 3.0 and the metaverse. The launch took place at the Consensus 2022 Conference by CoinDesk in Austin, Texas, underscoring Huobi Global’s latest strategy to expand its Web 3.0 ecosystem. Cube (formerly Cube Chain) is a new, modular, permissionless and EVM-compatible public chain with a design based on multi-chain and layered architecture. It offers breakthrough technologies such as proprietary collaborative rollups, chaos consensus, non-linear infinite storage and an innovative Time Crossing protocol for the infrastructure of Web 3.0. Since its mainnet was launched earlier this week, Cube has garnered overwhelmingly positive feedback. To help more people transition to Web 3.0, Huobi Global is focused on embracing and developing the Web 3.0 infrastructure and the metaverse, where there is huge potential in the explosive growth of blockchain applications such as NFTs, DeFi and GameFi. “Huobi Global has picked Cube as one of the public chains we will invest in under our Web 3.0 development strategy. In the near future, we will continue to invest in more public chains as we are optimistic about Web 3.0 and are committed to improving its infrastructure,” said Lily Zhang, CFO of Huobi Global. It is widely acknowledged in the industry that Web 3.0 is the future of the Internet, with blockchain and public chains serving as the core technology and infrastructure, respectively. With the emergence of NFTs, DeFi and other blockchain applications, many public chains have launched in the market. However, the explosive growth of GameFi, DeFi and NFTs has resulted in an exponential increase in transaction volumes on these public chains. The early public chains have been unable to meet user needs in terms of timeliness or cost-effectiveness. For instance, Ethereum takes about 10 minutes to complete a transaction during peak periods, and the gas fee could reach several hundreds of dollars. In addition, how to solve the blockchain trilemma – a widely-held belief that decentralized networks can only offer two out of three benefits at any given time with respect to decentralization, security and scalability – has also been a common challenge for industry players. To better meet the needs of the industry, Cube uses a high-performance Layer 1 blockchain as the basis to solve the challenge of blockchain expansion, and offers users an efficient, low-cost and secure trading environment. Story continues It divides the blockchain vertically, applies a layered architecture, splits the settlement, execution and data availability of the blockchain, and optimizes them according to their respective characteristics. With a cross-chain protocol that supports cross-chain DeFi calls, Cube is compatible with the Cosmos ecosystem. Under its current design, Cube can process about 3000 transactions per second and the number is expected to exceed 5,000 by the end of September this year, and the data availability requirements of Rollup and NFT ensure an efficient and reliable full-stack solution for the development of Web 3.0. About Huobi Global Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives, and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. This lets us offer a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com About Cube Cube is a high-performance, scalable and modular layer 1 public chain which is capable of supporting multi-chain and cross-chain architecture. Compatible with EVM and Cosmos ecosystems, Cube is actively committed to participating in the development of decentralized cross-chain protocols and Web 3.0 infrastructure to give users the next-generation multi-chain experience. For more information, visit https://www.cube.network/. Contact Cube Twitter:https://twitter.com/Cube0x Telegram: https://t.me/Cube_network2 Contact Details Ker Zheng +86 139 2280 3249 [email protected] View source version on newsdirect.com: https://newsdirect.com/news/huobi-global-announces-cube-investment-as-part-of-web-3-0-ecosystem-strategy-683529066 View comments', 'London --News Direct-- Huobi Global Huobi Global, a world-leading cryptocurrency exchange and blockchain solutions provider, today announced its investment in Cube, a public chain that provides innovative infrastructure for Web 3.0 and the metaverse. The launch took place at the Consensus 2022 Conference by CoinDesk in Austin, Texas, underscoring Huobi Global’s latest strategy to expand its Web 3.0 ecosystem. Cube (formerly Cube Chain) is a new, modular, permissionless and EVM-compatible public chain with a design based on multi-chain and layered architecture. It offers breakthrough technologies such as proprietary collaborative rollups, chaos consensus, non-linear infinite storage and an innovative Time Crossing protocol for the infrastructure of Web 3.0. Since its mainnet was launched earlier this week, Cube has garnered overwhelmingly positive feedback. To help more people transition to Web 3.0, Huobi Global is focused on embracing and developing the Web 3.0 infrastructure and the metaverse, where there is huge potential in the explosive growth of blockchain applications such as NFTs, DeFi and GameFi. “Huobi Global has picked Cube as one of the public chains we will invest in under our Web 3.0 development strategy. In the near future, we will continue to invest in more public chains as we are optimistic about Web 3.0 and are committed to improving its infrastructure,” said Lily Zhang, CFO of Huobi Global. It is widely acknowledged in the industry that Web 3.0 is the future of the Internet, with blockchain and public chains serving as the core technology and infrastructure, respectively. With the emergence of NFTs, DeFi and other blockchain applications, many public chains have launched in the market. However, the explosive growth of GameFi, DeFi and NFTs has resulted in an exponential increase in transaction volumes on these public chains. The early public chains have been unable to meet user needs in terms of timeliness or cost-effectiveness. For instance, Ethereum takes about 10 minutes to complete a transaction during peak periods, and the gas fee could reach several hundreds of dollars. In addition, how to solve the blockchain trilemma – a widely-held belief that decentralized networks can only offer two out of three benefits at any given time with respect to decentralization, security and scalability – has also been a common challenge for industry players. To better meet the needs of the industry, Cube uses a high-performance Layer 1 blockchain as the basis to solve the challenge of blockchain expansion, and offers users an efficient, low-cost and secure trading environment. Story continues It divides the blockchain vertically, applies a layered architecture, splits the settlement, execution and data availability of the blockchain, and optimizes them according to their respective characteristics. With a cross-chain protocol that supports cross-chain DeFi calls, Cube is compatible with the Cosmos ecosystem. Under its current design, Cube can process about 3000 transactions per second and the number is expected to exceed 5,000 by the end of September this year, and the data availability requirements of Rollup and NFT ensure an efficient and reliable full-stack solution for the development of Web 3.0. About Huobi Global Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives, and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. This lets us offer a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com About Cube Cube is a high-performance, scalable and modular layer 1 public chain which is capable of supporting multi-chain and cross-chain architecture. Compatible with EVM and Cosmos ecosystems, Cube is actively committed to participating in the development of decentralized cross-chain protocols and Web 3.0 infrastructure to give users the next-generation multi-chain experience. For more information, visit https://www.cube.network/. Contact Cube Twitter:https://twitter.com/Cube0x Telegram: https://t.me/Cube_network2 Contact Details Ker Zheng +86 139 2280 3249 [email protected] View source version on newsdirect.com: https://newsdirect.com/news/huobi-global-announces-cube-investment-as-part-of-web-3-0-ecosystem-strategy-683529066 View comments', 'Jay Z financial literacy program at Marcy Houses funded by his foundation and Jack Dorsey This post originally appeared on The Basis Point: Is Jay-Z & Jack Dorsey’s bitcoin school at Marcy housing project about crypto hype or financial literacy? Through his foundation and in partnership with Square/Twitter founder Jack Dorsey, Jay Z is rolling out a financial literacy program at the project he grew **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: 2022-06-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $552,969,658,850 - Hash Rate: 221292431.06709072 - Transaction Count: 261856.0 - Unique Addresses: 669839.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. The good news, for anyone who was hoping for mass adoption of bitcoin (BTC): There's a viable retail use case for the cryptocurrency. The perhaps more sobering news: That use case is as a reward for spending dollars, not a currency to be spent itself. Iconic burger chain Shake Shack (SHAK)ran a promotionlast month where customers were able to receive bitcoin as a reward for purchases made using Block’s (SQ) Cash App. “We've found that, on average, users that receive bitcoin boosts spend more per transaction and overall spend more at Shake Shack,” Julia Webb, the company’s director of digital marketing, told CoinDesk. This article is part of CoinDesk’sPayments Weekseries. “While we successfully reached a new, valuable audience with this promotion, our goal moving forward is to understand how to scale this and similar programs to a broader audience and encourage frequency,” she added. That qualified success speaks to the challenges bitcoin and its various knockoffs and descendants face at the checkout counter. While early evangelists framed bitcoin as a digital currency that would replace fiat, many today hold it either as a gold-like, inflation-resistant store of value or as a speculative investment. Many vow to stay away from it altogether. Whatever your stance, crypto as a form of payment remains in the early innings, a tantalizing vision that hasn't come to fruition just yet.That said, new advances in the crypto payments niche are occurring daily. Emphasis on niche. Having said that, developments in the crypto payments space are occurring daily, and they’re relevant for everyone from consumers to central bankers. Transaction speed and costs, regulation and price volatility are common roadblocks to bitcoin being widely accepted as a payment method. On the other hand, prominent examples shed light on the potential of cryptocurrencies, with the most recent one being the ongoing conflict in Ukraine. Crypto payments in digital consumer-to-business merchant commerce (including e-commerce) remains relatively small, representing about $6 billion of annual volume, according to awhite paper frompayments company Nuvei. This figure is minor compared to Nuvei’s estimate of the over $10 trillion market for total B2C ecommerce. About 15%-25% of crypto’s roughly 300 million global users are using crypto for merchant payments, Nuvei added. In crypto’s early days, many physical retailers announced they were going to accept digital currency, only to shutter their plans. “Physical store acceptance of crypto is more important to monitor, as over 85% of sales in the U.S. occur in stores rather than online,” Morgan Stanley’s (MS) cryptocurrency analyst Sheena Shah told clients in a note, adding that only eight of the top 500 retailers currently accept bitcoin. Across the U.S., consumer businesses are slowly continuing to test the waters for bitcoin payments. Take that Shake Shackpromotionlast month where customers received bitcoin as a reward for purchases when using Block’s Cash App. The company wants to do more of these initiatives in future. “Since we launched the bitcoin rewards program with Cash App, we've found that on average, users that receive Bitcoin Boosts spend more per transaction and overall spend more at Shake Shack,” says Webb. “While we successfully reached a new, valuable audience with this promotion, our goal moving forward is to understand how to scale this and similar programs to a broader audience and encourage frequency.” Meanwhile, the Lightning Network – a layer 2 protocol designed for scalability and faster payments – has allowed bitcoin payment bulls to argue that broader adoption is coming. Until now, although bitcoin was originally slated as a form of peer-to-peer digital cash, Satoshi Nakamoto’s vision for bitcoin may have paved the way for other cryptos to become more viable payment methods. Read More:Crypto Becomes Lifeline for Russian Emigrés Opposing Putin’s War in Ukraine Use cases for bitcoin continue to pop up, though many in the industry seestablecoinsandcentral bank digital currencies (CBDC)gaining traction more readily. “Stablecoins are going to be one of the dominant payment rails for commerce online and offline,” says Alex Tapscott, managing director of the digital asset group at investment firm Ninepoint Partners. Tapscott highlighted how individuals own and control their stablecoins, versus cash in a bank account that is merely a representation of real value. Unbanked jurisdictions and special situations like the Russia-Ukraine conflict are lending credence to bitcoin’s use case. However, the “bigger picture is that crypto is eating payments,” with bitcoin still part of the conversation, Tapscott added. Nuvei sees a strong future for non-fungible token (NFT) payments (see below) and stablecoins. “Many of our clients are interested in getting their funds much faster,” Yuval Ziv, Nuvei’s president, said. “It is easy to see the natural tension between cryptocurrencies, stablecoins, and CBDCs. However, we (and others) anticipate a future where CBDCs co-exist with both cryptocurrencies and stablecoins along with traditional fiat,” Nuvei added in its white paper. Just last week, payments processor Stripe said it’s letting clientssettle payments in Circle’s USDC. Twitter (TWTR) is planning a pilot for content creators on “Ticketed Spaces” and “Super Follows.” to be paid in crypto. The largest payments companies includingVisa(V) andMastercard(MA) began trials with USDC last year. Read More:PayPal’s Blockchain Chief on the Future of Crypto in Payments Delivering on crypto payments technology and usage will continue to hinge on safety for users along with scalability. That’s what motivates Mastercard and what will ultimately let merchants and consumers come onboard. “We're not here to pick winners” in regards to which cryptocurrency will come out on top as a payment method, Raj Dhamodharan, Mastercard’s global head of crypto and blockchain, told CoinDesk. “We want to make sure that the consumer and merchants have a choice in what they do.” Enabling crypto-to-fiat and fiat-to-crypto flows is key for billions of global consumers to get involved, without proper trust in the system, adoption will face headwinds, Dhamodharan says. Many see NFTs as a great intersection for crypto payments and the digital asset economy. Whether it be digital media or gaming, users may prefer digital currencies to transact. The crypto industry is asking a key question: Will NFTs “become so popular that they help to onboard new people to Bitcoin and ether as a payment tool?” according to Tapscott. “That’s where we’re headed,” he says. Read More:The Lightning Network Is Bringing Payments Back to Bitcoin As per gamers, a large demographic in the current NFT ecosystem, NFTs will allow them to “truly own their digital personas and goods, rather than simply having a limited claim from a publisher,” Nuvei said. Cryptos including bitcoin are also increasingly being used by game publishers to reward gamers and aid the exchange of value within gaming ecosystems, the company added. Perhaps not for crypto maximalists, larger NFT companies such as OpenSea, throughMoonPay, opened up their paymentrails to traditional credit card holders in the event a customer wants to buy an NFT and have their fiat converted to crypto. Additionally, U.S. crypto exchange Coinbase (COIN) teamed up with Mastercard to enable easier NFT purchases. Crypto enthusiasts have wallets and contain cryptocurrencies to own NFTs, though for the average consumer, it should be made easier, according to Mastercard. “Expanding the audience for NFTs allows this burgeoning market to support more creators and could spark the next evolution of digital commerce,” Mastercard’s Dhamodharan said in ablog postearlier this year. Slowly but surely, crypto as a form of payment is increasing globally. Still, it remains to be seen as to what extent mainstream adoption will occur. For crypto natives and skeptics, one thing remains certain in that easiness of transacting and security are central. As Morgan Stanley’s Shah puts it: “make it easy and they will come.” The evolution in interest among TradFi, which was once dominated by diehard crypto skeptics, from crypto curiosity to crypto commitment is perhaps the industry’s most important move yet. Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity. How and why those original digital payments projects are no longer with us today can give us an idea of what needs to be done to do it right. This piece is part of CoinDesk's Payments Week.... - Reddit Posts (Sample): [['u/JustCommunication640', 'Buttcoin will NOT replace Bitcoin', 98, '2022-06-10 00:09', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/', 'Yes, Buttcoin is currently mooning, but it was created as a joke. It will NOT replace Bitcoin. All this subreddit does is trash Bitcoin, but Buttcoin will probably dump soon. Bitcoin is much safer than your Buttcoin.', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/', 'v8say4', [['u/The-X-Ray', 58, '2022-06-10 00:10', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibs9uvr/', 'Guess I lost my life savings then.', 'v8say4'], ['u/JustCommunication640', 10, '2022-06-10 00:11', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibs9zl7/', 'I would sell Buttcoin soon if you have profits. But who knows, maybe it will keep going up more. GL', 'v8say4'], ['u/bigmandan775', 24, '2022-06-10 00:17', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsao8o/', "To the moon! hodl y'all. I believe in the technology. Its a great investment.", 'v8say4'], ['u/Calm_System', 27, '2022-06-10 00:21', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsbak5/', "I'm waiting for the butt airdrops.", 'v8say4'], ['u/JustCommunication640', 14, '2022-06-10 00:22', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsbd5q/', 'They are cuming soon', 'v8say4'], ['u/giboldlayout', 112, '2022-06-10 00:27', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsbyn6/', 'Buttcoin has a very clear advantage over bitcoin in that it makes me giggle to myself when someone says that "butts are mooning."', 'v8say4'], ['u/Oremm', 15, '2022-06-10 00:28', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsc2il/', 'Heheheheh... he said butt', 'v8say4'], ['u/JustCommunication640', 13, '2022-06-10 00:29', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibscaa5/', 'I think that will power Buttcoin to another 10x or so. But then the Butt token will plateau.', 'v8say4'], ['u/The-X-Ray', 38, '2022-06-10 00:32', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibscllp/', "Never! I'll hodl until it goes to 0.", 'v8say4'], ['u/spookmann', 16, '2022-06-10 00:33', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibscsu9/', 'Not with *that* attitude!', 'v8say4'], ['u/JustCommunication640', 11, '2022-06-10 00:34', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibscvz6/', 'That makes sense!', 'v8say4'], ['u/JustCommunication640', 10, '2022-06-10 00:34', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibscxdc/', 'Buy more Buttcoin now!', 'v8say4'], ['u/SnatchSlayer42', 22, '2022-06-10 00:36', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsd3wz/', 'Digital gold. Store of value. Proof of work. Proof of stake. Decentralized finance. Early adopters. Have fun staying poor.', 'v8say4'], ['u/keepdigging', 14, '2022-06-10 00:46', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsec25/', 'What are the fundamentals that make Bitcoin safer than Buttcoin?', 'v8say4'], ['u/Confused_Confurzius', 38, '2022-06-10 00:50', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsetv4/', 'If everyone in this world would invest in buttcoin we would be all billionaires', 'v8say4'], ['u/Rokey76', 19, '2022-06-10 01:01', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsg93h/', "I'm only into Buttcoins for the tech.", 'v8say4'], ['u/JPLangley', 10, '2022-06-10 01:16', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsi2nl/', 'Something tells me this is astroturfing to pump and dump the Buttcoin token.\n\nIf so, leave.', 'v8say4'], ['u/MonsieurKnife', 10, '2022-06-10 01:28', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsjkq2/', "It's time to decide if you have paper cheeks or diamond cheeks.", 'v8say4'], ['u/biffbobfred', 30, '2022-06-10 01:34', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsk7ee/', 'Buttcoin is always gonna take a dump', 'v8say4'], ['u/cladtidings', 18, '2022-06-10 01:59', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibsn6yy/', "Buttcoin is time. And it's thyme too. Buttcoin is pure, stored cynical energy that can be transported through time and space like a swarm of angry digital cicadas. The energy and time used to create Buttcoin guarantees that all vestiges of original sin have been deleted from the blockchain, leaving only purity. When Buttcoin replaces fiat, war and poverty will be things of the past, as it's totally decentralized. Only YOU own your Buttcoin.", 'v8say4'], ['u/jewishSpaceMedbeds', 44, '2022-06-10 04:06', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibt2dhk/', 'When Buttcoin crashes, it shall be called a shart.', 'v8say4'], ['u/jewishSpaceMedbeds', 11, '2022-06-10 04:07', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibt2fri/', '... and then used it to wipe.', 'v8say4'], ['u/jewishSpaceMedbeds', 13, '2022-06-10 04:08', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibt2ifs/', 'Fiber.\n\nLots of fiber.', 'v8say4'], ['u/bascule', 15, '2022-06-10 04:21', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibt43zy/', 'This is quite the Poe’s Law post… I can’t tell if it’s intentional comedy gold, or unintentional comedy gold', 'v8say4'], ['u/OwnAd2827', 14, '2022-06-10 04:54', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibt7wdf/', 'This guy does economics', 'v8say4'], ['u/braichy', 18, '2022-06-10 09:48', 'https://www.reddit.com/r/Buttcoin/comments/v8say4/buttcoin_will_not_replace_bitcoin/ibtxnhq/', 'This is good for Buttcoin', 'v8say4']]], ['u/jdf07', 'HBAR as a borderless, energy commodity for the digitization of the global modern economy & business', 27, '2022-06-10 00:35', 'https://www.reddit.com/r/Hedera/comments/v8sutj/hbar_as_a_borderless_energy_commodity_for_the/', 'Just musings here as I have been thinking about the world economy, and the crypto markets as a result, esp. HBAR and how it might fare over the next 1-10 years.\n\nI\'ve seen some people, notably Arthur Hayes, propose that ETH should be viewed as, and priced like a bond. You can read about his thesis here: [https://cryptohayes.medium.com/five-ducking-digits-cd92a7ab72ce](https://cryptohayes.medium.com/five-ducking-digits-cd92a7ab72ce)\n\nIt\'s pretty interesting and I don\'t disagree - he is an awesome writer IMO, and incredibly smart - except that he doesn\'t address the *price volatility* completely (unless I am missing something), nor the fact that the yields come only from crypto-related activities (NFT, De-Fi) - not that that is a *bad* thing, just something to mention.\n\nWith so many views on how to price L1\'s and L1 currencies, I\'ve been thinking of HBAR as a daily energy commodity (eg. oil) but with a fixed supply (oil is technically fixed but continues to be produced and used), borderless, and something which, compared to other crypto, might also be somewhat recessionary proof *over time* as an investment.\n\n* HBAR as oil to fuel activity on Hedera\n* Hedera having multiple commercial and industrial use cases for the digitization of the modern economy (supply chain, legal, data sharing, privacy, etc), not only for *output*, but also *efficiency*\n\nThe effect on HBAR being an energy commodity, if recognized/viewed in this way by investors, is that the price (over time) becomes a different flavor from long-duration equities like growth/tech. I think most of crypto is viewed/priced as long duration (except BTC), and this might make sense given the speculative, more *single-use* use cases scale that is touted for (eg. THETA, HNT (Helium)) and in a lot of other cases, use-cases that currently rely on external liquid market capital (DeFi).\n\nThis all depends upon key/landmark Hedera use cases coming live this summer and actually working. eg. Coupon B, Atma.io.\n\nWith the world economy currently so fragile and likely heading into recession (if not already there) crypto markets will continue to take a hit IMO, like equity markets. With high inflation predicated by many (macro economists) for a long time to come/ something we have to live with, speculative long-duration assets might continue to suffer.\n\nThe Coupon Bureau use case alone seems to me to be recession-proof and actually net-positive in a recession (people will want discounts on consumer staples), the same with Atma.io (efficiency in supply chains). Furthermore, things like data privacy and decentralized identity (as per some posts in here) will become important in a world that is tending to un-globalization and "non-trust"and this will not be less important in a recession. Same goes for real asset tokenization (efficiencies in real estate, as an example).\n\nYes, HBAR will *also* produce a yield in time: not dissimilar to solid, defensive equities? eg. P&G. Defensive equities are also usually a good call in a recession.\n\n**So I see HBAR maybe as a commodity-like (borderless, no need to ship or store it), defensive equity-like thing vs a long-duration speculative tech stock.** \n\n\nOr, ***m******aybe it\'s all three?***\n\nThat doesn\'t mean HBAR *won\'t* continue to be speculated on in the crypto markets for some time to come, of course - which could mean volatile price incr... Based 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:** ['(Bloomberg) -- President Joe Biden is hosting the final day of the Summit of the Americas in Los Angeles, a gathering intended to deepen ties between the US and Western Hemisphere countries that has nonetheless exposed clear regional divisions. Most Read from Bloomberg China Alarms US With Private Warnings to Avoid Taiwan Strait Global Selloff Deepens as Stocks, Bonds, Yen Slump: Markets Wrap \x91Party Like a Russian\x92 Turns Toxic at Putin\x92s Flagship Forum Bitcoin Tumbles to 18-Month Low as US Inflation Impact Spreads China Is Walking Back Virus Loosening Weeks After Reopening The US has announced a series of agreements with countries in the region on economic cooperation, health care, climate change and migration, but they come with little fresh investment by Washington. The impact of a new migration accord to be unveiled Friday is particularly suspect, as Mexican President Andres Manuel Lopez Obrador and the leaders of three Central American countries that produce much of the irregular migration to the US all declined invitations to the summit. Close to 20 leaders, including the President of Brazil and the Prime Minister of Canada, together with the head of the Organization of American States, Luis Almagro, are scheduled to deliver speeches on Friday. The event will wrap up with three official stakeholder forums occurring at the same time to promote greater dialog between the region\x92s government and its people and businesses. Key Developments Biden\x92s Lackluster Los Angeles Summit Exposes Divided Hemisphere Brazil Seeks US Help to Stop Illegal Trade of Amazon Timber Bolsonaro Says Meeting With Biden \x91Sensational\x92 Bolsonaro Fears Worst as Writer, Expert Missing in Amazon (All times are Los Angeles, Pacific Time.) Blinken Defends US Exclusion of Autocracies (5:12 p.m.) Secretary of State Antony Blinken defended the Biden administration decision to exclude the governments of Cuba, Nicaragua and Venezuela from the summit, saying that members of civil society from the countries who came to Los Angeles better represent their people. \x93I would argue that they are more representative of the people in those respective countries than their current governments or regimes,\x94 Blinken said at a news conference Friday to conclude the summit. \x93I know some people like to focus on differences of opinion in who was here, but everyone was fully united on what we did here,\x94 Blinken said. The decision angered some Latin American leaders who argued the summit should include all nations in the hemisphere. But the Biden administration wanted a major theme of the summit to be the importance of democratic government. Story continues Mexican President Andres Manuel Lopez Obrador and some other leaders refused invitations to Los Angeles over the issue, sending cabinet officials instead. Diplomat Says US Tops China in Latin American Influence (4:55 p.m.) The State Department\x92s top diplomat for Latin American insisted US influence continues to top China\x92s in the Western hemisphere, citing aid to Central America and the Biden administration\x92s donations of more than 70 million Covid-19 shots to the region\x92s countries. \x93When you look at what we\x92ve done, the Chinese pale in comparison,\x94 Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols said in an interview on Friday. \x93But we recognize as a hemisphere, we need to work together as partners, not as the US as the boss telling people what to do, but as partners to advance the shared values that we have,\x94 he said. China has invested and loaned billions of dollars to Latin American countries in recent years, and the Beijing government accused the US this week of trying to fence-off the region from outside influence, calling Washington \x93selfish.\x94 Blinken said Friday at his news conference that the US provides about $1.3 trillion in direct foreign investment in the Americas annually. Caribbean Nations Blame Rich Countries for Environmental Degradation (2:30 p.m.) The Caribbean countries had great expectations ahead of this summit, with leaders awaiting a new US-Caribbean climate and energy partnership that the White House launched launched on Thursday. These nations are among the hardest impacted by climate change while their tourism industries were upended by Covid-19. On Friday, some of the small Caribbean island urged more action against climate change -- saying it was one of the main drivers of irregular migration and ballooning debt in the region. Antigua and Barbuda Prime Minister Gaston Browne said large industrialized countries that fuel climate degradation had a moral obligation to help nations where the weather phenomenon was most pronounced. \x93Our countries have suffered and continue to suffer even though we are the least contributors to climate change,\x94 he said. \x93This is one of the greatest injustices that exists today. And it requires the attention of the United States and others.\x94 He also urged Washington to work more closely with China in the region. \x93We recognize that the United States alone cannot do everything,\x94 he said. \x93Hence we urge cooperation between the U.S. govt and other governments such as a China, which is playing a constructive role in Latin America and the Caribbean.\x94 Biden Unveils 20-Country Pact to Manage Migrants (2:04 p.m.) Biden announced a 20-country accord on regional migration, addressing an issue that is not only politically fraught in the US but burdens many other countries in Latin America. \x93We know that safe, orderly, legal migration is good for all our economies,\x94 Biden said. \x93But we need to halt the dangerous and unlawful ways people are migrating, the dangerous ways. Unlawful migration is not acceptable.\x94 The pact, billed by the White House as the capstone of the Los Angeles summit, proposes financial aid for countries hosting large numbers of migrants as well as nations with high emigration. The declaration is a non-binding set of principles that includes expanding legal pathways to live and work, financial assistance for communities affected by migration, coordinated emergency responses and more humane border enforcement. Countries like Ecuador and Colombia have pledged to provide temporary status for hundreds of thousands more people fleeing Venezuela, while Canada and Spain promised to accept more migrant workers from Mexico and Central America. The US pledged $314 million in humanitarian assistance for migrants, including people who have fled Venezuela, as well as modest increases in temporary work visas and refugee resettlement. The US has been the most popular destination for asylum seekers for years, however, and the commitments announced are unlikely to make a major difference absent action from the US Congress on an overhaul of immigration laws. Peru\x92s Castillo Proposes Regional Subsidies to Fertilizers (1:25 p.m.) In his speech at the plenary session, Peruvian President Pedro Castillo proposed establishing a regional credit program with the support of the Inter-American Development Bank to subsidize the purchase of fertilizers and basic foods. He also urged for coordination in the region to find additional solutions to fight the shortage of the key products applied to supply plant nutrients, which is hitting the Andean country hard. \x93Peru has brought its serious concern about the fertilizer shortage to the OAS, encouraging the approval of a solution to monitor the situation,\x94 Castillo said, referring to the Organization of American States. Peru received 45,000 tons of fertilizers at the beginning of June after months of urea shortage, but it will only partially supply farmers for the next 45 days. The country is running against time to purchase the fertilizers it needs before seedtime in August. Brazil Attentive to Economic Issues Affecting World, Bolsonaro Says (11:25 a.m.) The summit is a much-awaited opportunity to deal with a post-pandemic world and its economic challenges, Brazil\x92s President Jair Bolsonaro said at a plenary session Friday. Latin American\x92s largest economy is a key player in global food security and its agribusiness complies with strict environmental laws, Bolsonaro told leaders gathered in Los Angeles, adding that such a \x93sustainable agricultural power\x94 doesn\x92t need to explore the Amazon territory to expand output. Brazil will continue to import natural gas from Bolivia and is seeking to hold talks with Argentine President Alberto Fernandez on a gas agreement related to the Vaca Muerta field. Bolsonaro also said his government is working relentlessly to find British journalist Dom Phillips and Brazilian indigenist Bruno Araujo Pereira, who went missing in the Amazon rainforest on Sunday. Most Read from Bloomberg Businessweek A Billion-Dollar Crypto Gaming Startup Promised Riches and Delivered Disaster The IRS Is Coming for Your Venmo Income Wall Street Executives Can\x92t Stop Talking About a Recession A Parisian General Store\x92s Radical Message for Its Customers? Buy Less Soaring Oil Prices Force Biden to Engage With Saudis He\x92d Spurned ©2022 Bloomberg L.P. View comments', '(Bloomberg) -- President Joe Biden is hosting the final day of the Summit of the Americas in Los Angeles, a gathering intended to deepen ties between the US and Western Hemisphere countries that has nonetheless exposed clear regional divisions. Most Read from Bloomberg China Alarms US With Private Warnings to Avoid Taiwan Strait Global Selloff Deepens as Stocks, Bonds, Yen Slump: Markets Wrap \x91Party Like a Russian\x92 Turns Toxic at Putin\x92s Flagship Forum Bitcoin Tumbles to 18-Month Low as US Inflation Impact Spreads China Is Walking Back Virus Loosening Weeks After Reopening The US has announced a series of agreements with countries in the region on economic cooperation, health care, climate change and migration, but they come with little fresh investment by Washington. The impact of a new migration **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: 2022-06-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $546,147,535,162 - Hash Rate: 231830165.8798093 - Transaction Count: 230002.0 - Unique Addresses: 589547.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: More than $765,000 in cash prizes up for grabs at first global Web3 hackathon using the Internet Computer blockchain SHANGHAI, CHINA / ACCESSWIRE / May 18, 2022 / As part of its ongoing mission to further boost the Web3 ecosystem and create pathways to bring new innovative Web3 teams into the space, Foresight Ventures is sponsoring the DFINITY Supernova Hackathon . The global event kicked off on May 10, but project submissions are being accepted until June 20. The hackathon will culminate with a demo day and grand prize ceremony on June 30, with $765,000 in cash prizes to be distributed to winning teams. Winners will also be eligible for $765,000 in grants, and up to $4.47 million in seed funding opportunities offered by the DFINITY Foundation (see terms and conditions here .) Just last month, Foresight Ventures was a sponsor of Bitcoin 2022 in Miami , the industry's flagship annual conference attended by more than 30,000 die-hard crypto enthusiasts and innovators. In sponsoring the DFINITY Supernova Hackathon, Foresight Ventures is helping boost early-stage Web3 teams working in the Internet Computer (ICP) ecosystem, Foresight's partner Tony Chen will join as main judge at June 30th, providing key advice to successful fundraising and hosting a community-focused workshop. The Internet Computer is a new blockchain developed by The DFINITY Foundation which has already garnered significant developer interest. It's one of the most advanced Web3 platforms in existence today, capable of hosting "mass market" social media services along with all of its data and computation directly on the blockchain. This innovation will allow developers to build truly decentralized online services using smart contracts and programming languages like Rust and Motoko. During the hackathon, decentralized services on Internet Computer will work to create an advanced type of DAO called a "Service Nervous System," to which control of their services will be assigned. This will allow developers to position themselves, and their projects, at the vanguard of Web3. Story continues All projects using Internet Computer are welcome to compete in the hackathon. It includes six separate tracks for projects spanning SocialFi, GameFi, Metaverse & NFTs, Asynchronous DeFi, Public Good/Social Impact, and even Blue Sky for those which are difficult to fit into one of the previous categories. After the Supernova Hackathon Team reviews project submissions' eligibility, those approved will face a panel of judges and the winners will be determined based on criteria like X Factor and Potential, Technical Competence, Social Impact, Progression, and IC Factor (how effectively a team uses the Internet Computer blockchain to bring their project to life.) The hackathon is a rare opportunity for some of the best and brightest teams developing for the ICP ecosystem to pool their collective brainpower and creativity with the common goal of advancing the Web3 ecosystem. Teams looking for inspiration can view some of the projects already built on Internet Computer here . About Foresight Ventures Foresight Ventures believes crypto will define the next few decades of innovation. The firm invests early and makes decisions quickly, providing wide-ranging support for projects from its robust ecosystem that includes major market players crypto exchange Bitget and crypto wallet BitKeep. Its founding and partnership team includes veterans of some of the top financial and technology firms on the planet who are dedicated to finding and supporting the next generation of disruptive players across Web3. Email: fv (at) foresightventures.com SOURCE: Foresight Ventures View source version on accesswire.com: https://www.accesswire.com/701908/Foresight-Ventures-Sponsoring-DFINITY-Supernova-Hackathon-to-Bring-Next-Generation-of-Web3-Projects-to-Life... - 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:** ['• Crypto market conditions deteriorated further on Saturday, with the broader market seeing red for a fifth consecutive day.\n• Investor angst over the influence of inflation on Fed monetary policy weighed, with investors unable to move on from the US inflation numbers from Friday.\n• The total crypto market cap saw another $39 billion wiped out, with the total market cap falling to a day low of $1,105 billion.\nAfter a bearish Friday session, thecryptomarket took another hit on Saturday. Investors continued to respond to the pick up in US inflationary pressure, with the Fed due to deliver its June policy decision on Wednesday.\nThe extended sell-off left bitcoin (BTC) at sub-$29,000 for the day, with upbeat investor sentiment towards Chainlink (LINK) and Cardano (ADA) delivering little support.\nSaturday’s bearish session saw the total crypto market cap slide by $61 billion to a day low of $1,105 billion before support kicked in.\nFor the crypto bulls, the only consolation was the avoidance of the May 12 low of $1,082 billion.\nInvestor sentiment towards inflation, the economy, and Fed monetary policy remained the key drivers.\nFor the crypto market, an anticipated shift in the regulatory landscape remained another factor for investors to consider.\nOf the top ten cryptos,ETHandSOLsaw the heaviest losses, sliding by 7.89% and by 8.62%, respectively.\nThings were not much better elsewhere.\nADA (-3.66%),BNB(-5.73%), BTC (-2.30%),DOGE(-7.33%), andXRP(-5.83%) all reacted further to Friday’s US inflation numbers.\nFrom the top 100, Chainlink (LINK)\xa0was among the worst performers for a second day, tumbling by 12.37%.\nHelium (HNT) led the way down, sliding by 16.71%, withGMT(-12.01),SAND(-10.05%), andAAVE(-12.43%) also among the heavy losers.\nOf the top 100,\xa0OKB (OKB) bucked the broader market trend, rising by 5.24%.\nTotal liquidations spiked on Saturday as investors reacted further to the latest US inflation numbers.\nAccording toCoinglass, 24-hour liquidations stood at $352.15 million, up from $298.31 million on Friday. More significantly, liquidations over 12 hours stood at $194.63 million, leaving 24-hour liquidations at similar levels to Friday.\n1-hour liquidations suggested a steadying in market conditions.\nAt the time of writing, total liquidations over one hour stood at $2.29 million.\n• The EUmadeprogress towards an agreement on MiCA, though differences remained, including how to overseeNFTs.\n• Huobi launched a $1 billion investment vehicle targetingDeFiand Web3.\n• TRON DAO Reservebought$50 million in BTC andTRXto leaveUSDDovercollateralizedby 194.84%.\n• Ethereum core developersannouncedanother delay, sinking ETH.\n• Deloitte surveyshowedmore than 75% of US merchants are planning to accept digital currencies within the next 24 months.\nThisarticlewas originally posted on FX Empire\n• Taiwan says it’s willing to engage with China, doesn’t want to close door\n• Ethereum (ETH) Slides to $1,500 as Core Developers Announce Delays\n• Biden says federal government will fund New Mexico wildfire recovery\n• Ukraine says it still controls Sievierodonetsk plant sheltering hundreds\n• Tunisia military prosecutors investigates journalist for ‘harming public order’\n• Ukraine and Russia: What you need to know right now', 'Key Insights: Crypto market conditions deteriorated further on Saturday, with the broader market seeing red for a fifth consecutive day. Investor angst over the influence of inflation on Fed monetary policy weighed, with investors unable to move on from the US inflation numbers from Friday. The total crypto market cap saw another $39 billion wiped out, with the total market cap falling to a day low of $1,105 billion. After a bearish Friday session, the crypto market took another hit on Saturday. Investors continued to respond to the pick up in US inflationary pressure, with the Fed due to deliver its June policy decision on Wednesday. The extended sell-off left bitcoin ( BTC ) at sub-$29,000 for the day, with upbeat investor sentiment towards Chainlink ( LINK ) and Cardano ( ADA ) delivering little support. Crypto Market Cap Gives Up $42 Billion Before Steadying Saturday’s bearish session saw the total crypto market cap slide by $61 billion to a day low of $1,105 billion before support kicked in. For the crypto bulls, the only consolation was the avoidance of the May 12 low of $1,082 billion. Total Market Cap 120622 Daily Chart Investor sentiment towards inflation, the economy, and Fed monetary policy remained the key drivers. For the crypto market, an anticipated shift in the regulatory landscape remained another factor for investors to consider. Of the top ten cryptos, ETH and SOL saw the heaviest losses, sliding by 7.89% and by 8.62%, respectively. Things were not much better elsewhere. ADA (-3.66%), BNB (-5.73%), BTC (-2.30%), DOGE (-7.33%), and XRP (-5.83%) all reacted further to Friday’s US inflation numbers. From the top 100, Chainlink (LINK)\xa0was among the worst performers for a second day, tumbling by 12.37%. Helium ( HNT ) led the way down, sliding by 16.71%, with GMT (-12.01), SAND (-10.05%), and AAVE (-12.43%) also among the heavy losers. Of the top 100,\xa0OKB ( OKB ) bucked the broader market trend, rising by 5.24%. Total Crypto Liquidations Spiked Again Total liquidations spiked on Saturday as investors reacted further to the latest US inflation numbers. Story continues According to Coinglass , 24-hour liquidations stood at $352.15 million, up from $298.31 million on Friday. More significantly, liquidations over 12 hours stood at $194.63 million, leaving 24-hour liquidations at similar levels to Friday. 1-hour liquidations suggested a steadying in market conditions. At the time of writing, total liquidations over one hour stood at $2.29 million. Total Crypto Liquidations 120622 Crypto Daily News Highlights The EU made progress towards an agreement on MiCA, though differences remained, including how to oversee NFTs . Huobi launched a $1 billion investment vehicle targeting DeFi and Web3. TRON DAO Reserve bought $50 million in BTC and TRX to leave USDD overcollateralized by 194.84%. Ethereum core developers announced another delay, sinking ETH. Deloitte survey showed more than 75% of US merchants are planning to accept digital currencies within the next 24 months. This article was originally posted on FX Empire More From FXEMPIRE: Taiwan says it’s willing to engage with China, doesn’t want to close door Ethereum (ETH) Slides to $1,500 as Core Developers Announce Delays Biden says federal government will fund New Mexico wildfire recovery Ukraine says it still controls Sievierodonetsk plant sheltering hundreds Tunisia military prosecutors investigates journalist for ‘harming public order’ Ukraine and Russia: What you need to know right now', '• Bitcoin (BTC) and the broader crypto market took a hit, with US inflation and sentiment towards Fed monetary doing the damage.\n• For BTC, it was a tenth weekly loss in 11 weeks, with the broader crypto market following BTC into the deep red.\n• News updates from several leading crypto networks failed to soften the blow.\nCryptomarket conditions deteriorated rapidly after a brief pause at the turn of the month. While the markets moved on from the collapse of (UST) and TerraLUNA, investors were unable to shake inflation jitters.\nUS inflation numbers on Friday suggested that free money could be coming off the table sooner than many had anticipated.\nCalls from lawmakers for greater regulatory oversight of the digital asset space added to the market angst in the week.\nBitcoin enjoyed a bullish start to the week before hitting reverse. Hopes of a market bottom, following a first weekly gain in ten weeks, supported the broader market.\nOn Monday, bitcoin rallied by 4.8%, returning to $31,700 before succumbing to broader market forces.\nGoing into Sunday, bitcoin was down for five consecutive days. Barring a Sunday rebound, a 4% fall for the week would leave bitcoin at its lowest weekly close since December 21, 2020.\nAt the time of writing, bitcoin was down 4.73%% to $28,507 for the week ending June 12. Bitcoin would need to wrap up the week at $30,000 to log a second consecutive weekly gain.\nBitcoin movements through to Friday closely tracked the NASDAQ 100, which ended the week down 5.60%.\nAn inverse correlation with WTI crude oil prices was also evident in the week, reflecting the influence of market sentiment towards inflation on the crypto market.\nIn the week ending June 12,SOLis set for a 12% fall to log a tenth consecutive weekly decline.\nAt the time of writing,ETHleads the way done for the week, sliding by 15.13% to $1,500 levels. News of a possible migration delay to a proof-of-stake protocol added to the selling pressure.\nThings were not much better forBNB(-9.47%),DOGE(-13.80%), andXRP(-8.96%), which were also heading for weekly losses.\nADA(-2.12%) fared the best, with support ahead of theVasil hard forklimiting the losses.\nThe total crypto market cap rose to a Monday high of $1,284 billion before sliding to a Saturday low of $1,105 billion.\nBarring a broad-based crypto rebound on Sunday, the total market cap will fall for a ninth week out of ten, with another $100 billion coming off the table.\n• SECinvestigateswhether BNB was a security when sold in 2017.\n• ReutersreportedBinance being a ‘conduit for laundering at least $2.35 billion in illicit funds.’ Binancerespondedto the report.\n• PayPalannouncedthe option to send and receive crypto to other wallets.\n• A bipartisanbillbacked by Republican Cynthia Lummis and Democrat Kirsten Gillibrand would make the CFTC the crypto watchdog.\n• Citadel Securitiesbuildsa crypto trading marketplace.\n• Updates from the June 7 court-scheduled SEC-Ripple conferencefavoredRipple Lab.\n• The New York Department of Financial Services (NYDFS)publishedguidelines on the issuance of stablecoins.\n• Tetherannouncedthe launch ofUSDTon Tezos, making it the thirteenth blockchain.\n• Global **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: 2022-06-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $523,958,071,000 - Hash Rate: 191184617.3164661 - Transaction Count: 215473.0 - Unique Addresses: 557721.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) turned positive Wednesday as traders awaitedthe Federal Reserve rate hikedecision at 2:00 pm today. The largest cryptocurrency rose 1.9% in the past 24 hours to around $38,931 as of press time. • “Although the Fed is widely expected to increase rates by 50 basis points,” said Jason Deane, analyst at Quantum Analytics, “this is not a given, and any move outside of this is likely to have a disproportionate market impact.” • “Any announcement of reduction of its balance sheet faster than natural expiration of debt will also likely have an impact on markets,” Deane said. “In normal times, we'd expect major indices to fall on the news (or the rumor beforehand) but these are far from normal times and ‘unpredictable’ is the most appropriate term." • “In terms of bitcoin,” Deane said, “We maintain our position that it will stay range bound for the time being, with a long-term outlook remaining bullish." • “Today is set up for huge volatility, as the Federal Open Market Committee (FOMC) meet to announce their decision on how much they will raise rates by,” wrote Marcus Sotiriou, analyst at the U.K.-based digital asset brokerGlobalBlockin a newsletter. “This event has led most investors to sell equities and crypto over the past month, as they fear a 50-basis point rate hike, which seems highly likely.” • “This event could be priced in,” Sotiriou wrote. “Although hiking rates is generally bad in these conditions for risk-on assets, U.S. consumer data is strong at the moment, so I remain optimistic that the result of this hike will not be catastrophic and that this FOMC meeting has been priced in." • Read More:WisdomTree's Q1 Crypto Assets Managed Increases by 23% to $324M • “The fact that major financial institutions like WisdomTree are recommending risk-assessed allocations to the crypto space is a very bullish sign for the industry,” Sotiriou wrote. • Ether (ETH) was down 1.02% in the past 24 hours, trading at $2,844. • The S&P 500 was up 0.25% and the Nasdaq was up 0.28%.... - Reddit Posts (Sample): [['u/Jasmy-To-Five-2035', 'Jasmy might go bellow .005 next week good time to buy or death spiral?', 19, '2022-06-12 00:02', 'https://www.reddit.com/r/JasmyToken/comments/va7o3o/jasmy_might_go_bellow_005_next_week_good_time_to/', "The CPI was hotter than expected meaning the federal reserve will take a harder stance on inflation. They will meet next week and add more to the interest rate, speculation between .5% to .75%. Higher the amount lower the bottom will be. Last time they meet, bitcoin was crushed a few days after, so expecting the same. Also, The Bank of Japan will meet next week and is speculated to make some moves involving the Yen's decline. Could be good or bad, for those in Japan. \n\nI am sure most of you'll are aware of this and was wondering what would happen if we hit this dreadful number? I can only assume it will cause a major dump, but who knows. It makes sense to me that many other projects will follow and with less money in peoples hands more sideways movement. \n\nIf you ever feel nervous over your circumstances please remember that money is good, but not the most important thing in life. Focus on relationships and building friendships and you will win in life. Remember the worst punishment beside capital punishment is isolation not fees or costly penalties.", 'https://www.reddit.com/r/JasmyToken/comments/va7o3o/jasmy_might_go_bellow_005_next_week_good_time_to/', 'va7o3o', [['u/soulofbliss', 14, '2022-06-12 05:16', 'https://www.reddit.com/r/JasmyToken/comments/va7o3o/jasmy_might_go_bellow_005_next_week_good_time_to/ic1qcw0/', 'Jasmy is far safer to invest than many other projects out there regardless how low the price will be during this dump or bear market. It has a strong backing and is a compliant crypto in Japan that will help Japan realize its web 3.0 adoption policy. Second, Jasmy has a real use case and product that are practical and applicable for most people in a digital world whether you have limited knowledge or well-informed about crypto or blockchain. Third, Jasmy is still in an early development phase according to the roadmap. Its true potential and value will prevail when wide adoption starts in third phase.', 'va7o3o'], ['u/zionmatrixx', 10, '2022-06-12 15:38', 'https://www.reddit.com/r/JasmyToken/comments/va7o3o/jasmy_might_go_bellow_005_next_week_good_time_to/ic34bnr/', "It's not difficult to figure out.\n\n1. BTC follows the stock market.\n2. ALTs follow BTC.\n\nCrypto proving it is not a hedge against inflation and recession. \n\nThe impossible part is trying to predict the bottom, since it's a controlled by relatively small group of people.", 'va7o3o']]], ['u/HelpingPhriendlyPhan', 'One simple reason why the MOASS may continue indefinitely (Hedgies hate this ONE trick!)', 584, '2022-06-12 00:17', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/', 'I’ve been thinking about this, and if anyone has any counter-argument, please speak up!\n\nSo when the MOASS happens, I have a *VERY* strong feeling that many, if not the majority of sharehodlers are going to *RE-BUY* shares when the price drops. GME stock is our life now. Sure, some will sell when they think a peak has been reached … but many of those same people will re-purchase even more shares when the price drops. We love $GME more than USD, BTC, gold or any other store of value. Because of the actions of Mayo, Vlad, Gabe, et al … it is now personal. \n\nDo the hedgies understand this? Not only are we not leaving, but when we do “leave”, for perhaps the majority of us, selling will only take place to eventually buy even MORE shares. It’s like a runaway nuclear reaction- but in this case, one that catalyzes the greatest transfer of wealth from the few to the many in the history of our planet. \n\nBuy. DRS. HODL. SHF r fuuuuk!!!!🚀🚀🚀', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/', 'va7yny', [['u/mymorningjacket', 55, '2022-06-12 00:18', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0t8kg/', 'Cool. DRS your shares.', 'va7yny'], ['u/HelpingPhriendlyPhan', 17, '2022-06-12 00:19', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0tcp0/', 'Deez R S!!!', 'va7yny'], ['u/madiXuncut', 162, '2022-06-12 00:22', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0tpzh/', "Scenario II:\n\nWhy sell any shares ever at all?\n\nLive off of them sweet quarterly NFT Dividends.\n\n*What's an exit-strategy?*", 'va7yny'], ['u/buyingthedip', 20, '2022-06-12 00:24', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0tysy/', 'This is who I am now.', 'va7yny'], ['u/Glitterfked', 290, '2022-06-12 00:24', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0tzxz/', 'This is assuming that apes are going to sell enough for the price to ever go back down. 😤', 'va7yny'], ['u/HelpingPhriendlyPhan', 31, '2022-06-12 00:27', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0udeh/', 'THIS', 'va7yny'], ['u/PlasmaTune', 40, '2022-06-12 00:29', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0ul56/', 'How much are we talking here?', 'va7yny'], ['u/HelpingPhriendlyPhan', 23, '2022-06-12 00:30', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0unfn/', 'This movement has become a huge part of my identity, fr', 'va7yny'], ['u/NoOutlandishness6829', 16, '2022-06-12 00:33', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0v06p/', 'Yep. If and when I sell for millions, I sure as heck am going to buy a boatload more shares and DRS them post-MOASS once the price drops. If hedgies, MMs and Citadel ever do manage to get control of the runaway price and push it back down, rich apes gonna gobble them all up and DRS even more. Apes be running outta money to buy more and DRS the float as rapidly as they want, at the moment. Once apes get reloaded with millions upon millions of tendies, apes will consider it their duty and/or privilege and or end game post-squeeze to buy more and lock up the float forever. And rich apes won’t need to sell anymore and will be FUD proof at that point. That is likely the number one way the float gets 100% permanently locked.', 'va7yny'], ['u/gme_tweets', 10, '2022-06-12 00:34', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0v5cu/', 'Bonjour, NoOutlandishness6829, Ken Griffin? The biggest scammer in human history? Who lied under oath and took down cancer research companies for his own profit? https://kengriffincrimes.com \n\n\n^(disclaimer: KennyBot2.0 sent this message. if you are displeased with this bot please send a pm so it can be improved. beep boop.)', 'va7yny'], ['u/NxtDoorSancho', 31, '2022-06-12 00:35', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0v8it/', 'So sell a few at a very high lvl, to only use those funds to buy more GME when it drops below. Isn’t that what most are doing anyways? The MOASS may have brought me here but the company will keep me vested long term after.', 'va7yny'], ['u/JG-at-Prime', 79, '2022-06-12 00:42', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0w45o/', 'Considering that GameStop gets a percentage of every single NFT transaction that happens in the marketplace…\n\nAs soon as investors and companies realize that the new GameStop marketplace is *the only escape* from Wall Street’s unmitigated greed, corruption and degenerate gambling? It’s going to be a Mad Dash to DRS and issue new NFT securities on the blockchain NFT marketplace. \n\nOnce companies get a taste of freedom and more start piling in to escape the crime. Once it really gets going, I’m guessing that for those receiving the NFT dividends, it’s going to be like sitting in the middle of a ring of broken ATM machines that just keep spitting out cash.', 'va7yny'], ['u/JG-at-Prime', 14, '2022-06-12 00:44', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0wb8l/', '~~my~~ **Our** identity fren.', 'va7yny'], ['u/hypercosmic117', 65, '2022-06-12 00:49', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0wvlv/', 'Infinite Moass vs Infinite Liquidity. Who will win?', 'va7yny'], ['u/madiXuncut', 56, '2022-06-12 00:50', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0x01p/', "BOOM!\n\nThink about it: They can't even weasel their way out by printing fucktons of USD (Inflation, anyone?), as apes name the price for their NFT's, which Wall Street **has** to buy and deliver!\n\n*Short sellers are the dumb stormtroopers of the investing galaxy*", 'va7yny'], ['u/bflo1103', 44, '2022-06-12 01:03', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0yh5n/', 'We really should take those new found tendies and use some of them to start buying up entire floats of devalued companies during the crash, DRSing everything. If this is what it takes to allow a company to withdraw their shares from the DTC and move to gamestops marketplace. This would speed up the burning of the old world, and help companies move over to the new world, further inflating the value of our repurchased (or never sold) gamestop shares, as more and more market share moves to their infrastructure.', 'va7yny'], ['u/LokiPokee', 14, '2022-06-12 01:05', 'https://www.reddit.com/r/Superstonk/comments/va7yny/one_simple_reason_why_the_moass_may_continue/ic0yoni/', 'Imo every ape that can afford it, ... Based 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 market conditions worsened on Sunday, with the broader market seeing red for a sixth consecutive day.\n• Apprehension ahead of the Fed monetary policy decision on Wednesday left the bears fully in control.\n• The total crypto market cap saw another $64 billion wiped out, with the total market cap falling to a current-year low of $1,048 billion.\nIt was a bearish end to a bad week for thecryptoon Sunday, with the broader market seeing red for a sixth consecutive day.\nUS inflation figures from Friday delivered the telling blow, with the crypto market at the mercy of sentiment towards the global economic outlook and Fed monetary policy.\nThe extended sell-off led bitcoin (BTC) to sub-$27,000 for the first time since May 12. Market favorites Chainlink (LINK) and Cardano (ADA) saw particularly heavy losses despite favorable network news updates.\nThe bearish Sunday session saw the total crypto market cap slide by $71 billion to a current-year low of $1,048 billion before steadying.\nBy the day’s end, $64 billion came off the table. The sixth daily loss left the market cap down by $159 billion for the week.\nWith the market focus now firmly on the Fed, heavier losses could be on the cards should the Fed interest rate projections shift higher.\nAnother curveball for the crypto market is the likely change in the regulatory landscape. The collapse of TerraUSD Classic (USTC) and TerraLUNAexpeditedefforts to implement more stringent regulatory measures to protect retail investors.\nFrom the top ten cryptos,ADAled the way down, sliding by 11.39%, withDOGE(-9.11%) andSOL(-9.85%) close behind.\nThings were no better for the rest of the largest cryptos by market cap.\nBNB(-5.53%),BTC(-6.35%),ETH(-6.39%), andXRP(-4.55%).\nThe effect of the crypto winter is evident in the crypto rankings. Three stablecoins make up the top six digital currencies by market cap.\nLooking beyond the top ten, FTX Token (FTT) (+1.90%), NEO (NEO) (+6.83%), Symbol (XYM) (+2.46%), and Tron (TRX) (+0.41%) avoided losses.\nOf the top 100, Fantom (FTM) and STEPN (GMT) were the worst performers, tumbling by 19.41% and 16.81%, respectively.\nFollowing a spike on Saturday, total crypto liquidation remained elevated going into the Monday session.\nAccording toCoinglass, 24-hour liquidations stood at $359.7 million, up from $352.2 million on Sunday. More significantly, liquidations over 1 hour stood at $17.5 million, suggesting market conditions remain testy.\n• Ethereum took a hit onnewsof a possible delay to the anticipated August Merge.\n• Allegations of Terra CEO Do Kwonwithdrawingmore than $2bn from the Terra ecosystem surfaced. Do Kwon publiclydeniedthe allegations.\n• Gordon Goner, the co-founder of Yugo Labs,prewarnedof a possible attack on the social media accounts, saying, “there are no surprise mints. Ever.”\nThisarticlewas originally posted on FX Empire\n• What next? Ukraine’s allies divided over Russia endgame\n• ‘Strange Loop,’ ‘Lehman Trilogy’ earn Tony honors as Broadway celebrates return\n• Brent Crude Oil Price Update – Sellers in Control after Norwegian Oil Firms Avoid Strike\n• Beijing halts offline sports events from June 13 due to COVID outbreak\n• Ethereum Collapses 24% in Weekend Rout as Staked Assets Drop Pegs\n• Lawmakers urge USTR to push for extension of WTO’s moratorium on digital trade', '• Crypto market conditions worsened on Sunday, with the broader market seeing red for a sixth consecutive day.\n• Apprehension ahead of the Fed monetary policy decision on Wednesday left the bears fully in control.\n• The total crypto market cap saw another $64 billion wiped out, with the total market cap falling to a current-year low of $1,048 billion.\nIt was a bearish end to a bad week for thecryptoon Sunday, with the broader market seeing red for a sixth consecutive day.\nUS inflation figures from Friday delivered the telling blow, with the crypto market at the mercy of sentiment towards the global economic outlook and Fed monetary policy.\nThe extended sell-off led bitcoin (BTC) to sub-$27,000 for the first time since May 12. Market favorites Chainlink (LINK) and Cardano (ADA) saw particularly heavy losses despite favorable network news updates.\nThe bearish Sunday session saw the total crypto market cap slide by $71 billion to a current-year low of $1,048 billion before steadying.\nBy the day’s end, $64 billion came off the table. The sixth daily loss left the market cap down by $159 billion for the week.\nWith the market focus now firmly on the Fed, heavier losses could be on the cards should the Fed interest rate projections shift higher.\nAnother curveball for the crypto market is the likely change in the regulatory landscape. The collapse of TerraUSD Classic (USTC) and TerraLUNAexpeditedefforts to implement more stringent regulatory measures to protect retail investors.\nFrom the top ten cryptos,ADAled the way down, sliding by 11.39%, withDOGE(-9.11%) andSOL(-9.85%) close behind.\nThings were no better for the rest of the largest cryptos by market cap.\nBNB(-5.53%),BTC(-6.35%),ETH(-6.39%), andXRP(-4.55%).\nThe effect of the crypto winter is evident in the crypto rankings. Three stablecoins make up the top six digital currencies by market cap.\nLooking beyond the top ten, FTX Token (FTT) (+1.90%), NEO (NEO) (+6.83%), Symbol (XYM) (+2.46%), and Tron (TRX) (+0.41%) avoided losses.\nOf the top 100, Fantom (FTM) and STEPN (GMT) were the worst performers, tumbling by 19.41% and 16.81%, respectively.\nFollowing a spike on Saturday, total crypto liquidation remained elevated going into the Monday session.\nAccording toCoinglass, 24-hour liquidations stood at $359.7 million, up from $352.2 million on Sunday. More significantly, liquidations over 1 hour stood at $17.5 million, suggesting market conditions remain testy.\n• Ethereum took a hit onnewsof a possible delay to the anticipated August Merge.\n• Allegations of Terra CEO Do Kwonwithdrawingmore than $2bn from the Terra ecosystem surfaced. Do Kwon publiclydeniedthe allegations.\n• Gordon Goner, the co-founder of Yugo Labs,prewarnedof a possible attack on the social media accounts, saying, “there are no surprise mints. Ever.”\nThisarticlewas originally posted on FX Empire\n• What next? Ukraine’s allies divided over Russia endgame\n• ‘Strange Loop,’ ‘Lehman Trilogy’ earn Tony honors as Broadway celebrates return\n• Brent Crude Oil Price Update – Sellers in Control after Norwegian Oil Firms Avoid Strike\n• Beijing halts offline sports events from June 13 due to COVID outbreak\n• Ethereum Collapses 24% in Weekend Rout as Staked Assets Drop Pegs\n• Lawmakers urge USTR to push for extension of WTO’s moratorium on digital trade', 'Key Insights: Crypto market conditions worsened on Sunday, with the broader market seeing red for a sixth consecutive day. Apprehension ahead of the Fed monetary policy decision on Wednesday left the bears fully in control. The total crypto market cap saw another $64 billion wiped out, with the total market cap falling to a current-year low of $1,048 billion. It was a bearish end to a bad week for the crypto on Sunday, with the broader market seeing red for a sixth consecutive day. US inflation figures from Friday delivered the telling blow, with the crypto market at the mercy of sentiment towards the global economic outlook and Fed monetary policy. The extended sell-off led bitcoin (BTC) to sub-$27,000 for the first time since May 12. Market favorites Chainlink ( LINK ) and Cardano ( ADA ) saw particularly heavy losses despite favorable network news updates. Crypto Market Cap Gives Up $159 Billion in Extended Sell-Off The bearish Sunday session saw the total crypto market cap slide by $71 billion to a current-year low of $1,048 billion before steadying. By the day’s end, $64 billion came off the table. The sixth daily loss left the market cap down by $159 billion for the week. Total Market Cap 130622 Daily Chart With the market focus now firmly on the Fed, heavier losses could be on the cards should the Fed interest rate projections shift higher. Another curveball for the crypto market is the likely change in the regulatory landscape. The collapse of TerraUSD Classic ( USTC ) and Terra LUNA expedited efforts to implement more stringent regulatory measures to protect retail investors. From the top ten cryptos, ADA led the way down, sliding by 11.39%, with DOGE (-9.11%) and SOL (-9.85%) close behind. Things were no better for the rest of the largest cryptos by market cap. BNB (-5.53%), BTC (-6.35%), ETH (-6.39%), and XRP (-4.55%). The effect of the crypto winter is evident in the crypto rankings. Three stablecoins make up the top six digital currencies by market cap. Looking beyond the top ten, FTX Token ( FTT ) (+1.90%), NEO ( NEO ) (+6.83%), Symbol ( XYM ) (+2.46%), and Tron ( TRX ) (+0.41%) avoided losses. Story continues Of the top 100, Fantom ( FTM ) and STEPN ( GMT ) were the worst performers, tumbling by 19.41% and 16.81%, respectively. Total Crypto Liquidations Remain Elevated Following a spike on Saturday, total crypto liquidation remained elevated going into the Monday session. According to Coinglass , 24-hour liquidations stood at $359.7 million, up from $352.2 million on Sunday. More significantly, liquidations over 1 hour stood at $17.5 million, suggesting market conditions remain testy. Total Crypto Liquidations 130622 Crypto Daily News Highlights Ethereum took a hit on news of a possible delay to the anticipated August Merge. Allegations of Terra CEO Do Kwon withdrawing more than $2bn from the Terra ecosystem surfaced. Do Kwon publicly denied the allegations. Gordon Goner, the co-founder of Yugo Labs, prewarned of a possible attack on the social media accounts, saying, “there are no surprise mints. Ever.” This article was originally posted on FX Empire More From FXEMPIRE: What next? Ukraine’s allies divided over Russia endgame ‘Strange Loop,’ ‘Lehman Trilogy’ earn Tony honors as Broadway celebrates return Brent Crude Oil Price Update – Sellers in **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: 2022-06-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $453,357,738,338 - Hash Rate: 200216961.44165352 - Transaction Count: 272503.0 - Unique Addresses: 708381.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.11 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • These are some of the most undervalued stocks to buy, trading at attractive valuations. • Ford(F): Automotive giant poised for big gains with its foray into electric vehicles. • Micron Technology(MU): Memory storage solutions are growing at a prodigious pace. • CrowdStrike(CRWD): A top cybersecurity play with a growing addressable market. • Crocs(CROX): Incredible brand identity with impeccable fundamental growth. • Nokia(NOK): A top 5G play with a spectacular growth runway ahead. • Valero Energy(VLO): Leading oil and gas play, benefitting from the conducive macro-economic environment. • Cigna(CI): A strong insurance play performing consistently over the past several years. Source: FOTOGRIN / Shutterstock.com The unconducive macroeconomic environment has had a debilitating impact on the equity market. Rising inflation and interest rates coupled with the Russian invasion of Ukraine have made people pessimistic about economic growth. Hence, this is a time for investors to load up on the most undervalued stocks on the market. Stocks across the board have taken a licking, which has created an attractive buying opportunity for investors. Naturally, growth and other riskier stocks have borne the brunt of the crash. Perhaps more positively, a lot of the frothiness with several growth picks seems to have gone away, making them significantly more attractive than in the past. • 7 Retirement Stocks to Buy to Turbocharge Your Savings Therefore, there are companies with serious upside potential available at beaten-down valuations. Let’s look at seven of the most undervalued stocks to buy now. InvestorPlace - Stock Market News, Stock Advice & Trading Tips [{"F": "MU", "Ford": "Micron Technology", "$12.99": "$69.01"}, {"F": "CRWD", "Ford": "CrowdStrike", "$12.99": "$153.34"}, {"F": "CROX", "Ford": "Crocs", "$12.99": "$52.65"}, {"F": "NOK", "Ford": "Nokia", "$12.99": "$5.01"}, {"F": "VLO", "Ford": "Valero Energy", "$12.99": "$127.83"}, {"F": "CI", "Ford": "Cigna", "$12.99": "$268.77"}] Source: Ford Automotive giantFord(NYSE:F) had an incredible 2021. Its shares gained over 100% thanks to investor enthusiasm surrounding the company’s new direction. President and CEO Jim Farley plan to double down on electric vehicle (EV) investments and related technologies, including batteries and software. Additionally, its fundamentals are in good shape despite recent losses on itsRivian(NASDAQ:RIVN) investment. The upcoming launch of Ford’s electric pickup has the potential to disrupt the EV space, contributing to healthy revenue growth in the coming years. With an affordable price tag, Ford is looking to bring EVs within reach of the average customer. Recent results have been excellent. In April, its sales came in ahead of the industry total,with a market share of 13.8%. It represents a healthy improvement from its2021 shareof roughly 12.6%. EV sales shot up more than 139% from the prior-year period. Moreover, F stock trades at less than 0.4 times forward sales, with a substantial 37% discount from its consensus price target. Source: Charles Knowles / Shutterstock.com Micron Technology(NASDAQ:MU) is a producer of memory storage solutions for an expanding suite of devices and technologies. MU stock was hit hard by the growth-stock selloff and now trades almost 60% below consensus price estimates. Regardless of the selloff, its business is posting record numbers. That includes revenue growth, compelling margins and an increasing total addressable market (TAM). Micron has been benefitting enormously from the growing application of memory chips. Its TAM is expanding rapidly,generating $15.5 billion in salesfor the first half of fiscal 2022. That was up more than 25% over the same last year. • The 7 Highest-Yielding Dividend Stocks to Buy Now for Income Analysts expect the firm to finish in 2023 with $40 billion in revenue. It generated $27.7 billion in sales in the previous fiscal year. Source: Michael Vi / Shutterstock CrowdStrike(NASDAQ:CRWD) is a leading cloud-based cybersecurity enterprise with industry-leading fundamentals and a mouth-watering outlook ahead. Its number ofsubscription customersshot up from 2,516 in fiscal 2019 to 16,325 in fiscal 2022. Moreover, annual recurring revenues have risen from $313 million to $1.7 billion in the same period. Consequently, its free cash flow per share increased significantly as well. Crowdstrike intends to push the afterburners in growing its annual recurring revenue (ARR) to more than $5 billionby fiscal 2026. This represents annual growth of roughly 31% over the next four years. Also, it plans to expand its market share with new services. Its TAM will grow from $58 billion to a whopping $126 billion in 2025 with the rollout of new services. Source: Wannee_photographer / Shutterstock.com Crocs(NASDAQ:CROX) is a global comfort shoemaker. It’s well known for its foam clogs that have been booming in popularity over the past couple of years. However, its stock has fallen considerably, having lost more than 68% of its value in the past six months. Last year,sales jumpedmore than 67% on a year-over-year (YOY) basis to $2.3 billion. Moreover, operational income increased by more than 200% to $683.1 million. Additionally, it generated $567.2 million in free cash flow. • 7 Large-Cap Stocks to Avoid Until the Market Crashes Again The company’s strength lies in its tremendous brand identity, as it continues to expand its customer base each year. Itrecently acquiredfootwear brand Heydude to potentially tap into the younger demographic. It expects to generate a colossal $6 billion in sales by 2026. Source: rafapress / Shutterstock.com Former smartphoneNokia(NYSE:NOK) has taken a while to re-establish its position in the tech industry. Under the leadership of Pekka Lundmark, the company underwent a three-phase change in its business model, putting it in an advantageous place in the mobile telecommunications space. It has emerged as a leading 5G player, inking multiple deals over the past couple of years. Moreover, itannounced a partnershipwithKyndryl(NYSE:KD) to assist clients in accelerating industry 4.0. The phenomenon involves using automation and computers to improve systems fueled by machine learning and data. 5G is at the heart of the company’s turnaround. The telecommunications giant expects itsaddressable marketto be worth 122 billion euros by 2022. Estimates exclude China, which could potentially be a gamechanger. Nevertheless, Nokia has a massive growth runway ahead, while its shares trade at highly attractive multiples. Source: Sundry Photography / Shutterstock.com Valero Energy(NYSE:VLO) operates a highly profitable oil and gas refining and marketing business. Prices in the industry have been rising aggressively, and increasing inflation rates and strong demand are contributing to higher margins. As of March 31, the company’sEBITDA grewat an impressive 178% on a YOY basis. The company’s recently released results show remarkable top- and bottom-line beats, withearnings per share(EPS) of $2.31 exceeding estimates by 66 cents. Moreover, revenues of $38.5 billion exceeded estimates by $6.3 billion. • 7 REITs to Buy for the Second Half of 2022 Valero decreased its long-term debt by a huge $750 million, significantly improving its flexibility. Furthermore, the energy giant’s dividend profile is extraordinary, as its stock offers a robust 3.1% yield with a payout ratio of 63%. Source: Piotr Swat / Shutterstock Cigna(NYSE:CI) is one of the top health insurance providers globally, offering services in more than30 countries. It boasts humungous coverage and scale, having contracts with more than 99% of U.S. pharmacies. It has expanded its presence in the fast-growing pharmacy businesses, giving it higher leverage concerning drug prices with pharmacies. Despite the Covid-induced headwinds, the company has done well to increase its members and the overall quality of its service in the past couple of years. In its first quarter of 2022,net income per sharecame in at $3.68. That was a healthy improvement from $3.30 per share in the same quarter last year. It also provides steady and dependable returns to shareholders in the form of buybacks and dividends. Its five-yeardividend growth ratestands at an impressive 93%, with an appealing yield of 1.7%. Despite the consistent performances, CI stock trades at 0.5 times forward sales. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. • Stock Prodigy Who Found NIO at $2… Says Buy THIS • It doesn’t matter if you have $500 in savings or $5 million. Do this now. • Get in Now on Tiny $3 ‘Forever Battery’ Stock • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” The postThe 7 Most Undervalued Stocks to Buy for June 2022appeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/Additional-Let-7168', 'Non - coiners will regret mocking us.', 44, '2022-06-13 00:13', 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/', "Hey dimwits, what exactly is the appeal of normal life.\nTo study, work, invest in assets (real estate, stocks, gold, bonds, debt) not in literally the most concentrated source of energy (bitcoin).\nAre you too dim to understand that it takes so much power to create a bitcoin.\nWe probably reversed so much environmental progress trying to mine this stuff for you. \nStay poor. \nYou get paid in usd, it loses value. Yea the fed rugged you lol. \nWhat do you mean you don't hold usd, you invest it paying mortgages and stuff?\nHey you got paid in usd, it's gone bro poof.\nWhat do you mean mean savings account has less than 5,000 usd?\nYea right. \nSo get on our bandwagon, buy bitcoin and hodl so that when it rises enough, we'll rug you all and you'll be kept hodling the bag. \nCheers ✌️", 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/', 'vawwin', [['u/JollyFaithlessness3', 18, '2022-06-13 00:17', 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/ic4xxb6/', 'I honestly can’t tell from that rant if you are pro- or anti-Bitcoin.', 'vawwin'], ['u/Additional-Let-7168', 18, '2022-06-13 00:18', 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/ic4y2hh/', "I'm banned from r/bitcoin so there's that.", 'vawwin'], ['u/JollyFaithlessness3', 28, '2022-06-13 00:18', 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/ic4y47e/', 'That is also inconclusive.', 'vawwin'], ['u/JudenKaisar', 19, '2022-06-13 00:27', 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/ic4z98g/', 'This is a piece of satirical art holy shit', 'vawwin'], ['u/blowitoutyaass', 11, '2022-06-13 00:32', 'https://www.reddit.com/r/Buttcoin/comments/vawwin/non_coiners_will_regret_mocking_us/ic4zs1x/', 'Hodl on to ya Buttz', 'vawwin']]], ['u/Squigglywiggler', 'Forgive me Father Satoshi', 18, '2022-06-13 01:16', 'https://www.reddit.com/r/Bitcoin/comments/vay5vd/forgive_me_father_satoshi/', 'Forgive me Father Satoshi for I have sinned. I bought a shitcoin when I was first getting into Bitcoin, not knowing the error of my ways. Then I saw an offer on the infamous Coinbase to stake at 5%! Little did I know the trap had been sprung.Now that I know the truth Father, I cannot sell my shitcoin to stack more sats :(', 'https://www.reddit.com/r/Bitcoin/comments/vay5vd/forgive_me_father_satoshi/', 'vay5vd', [['u/seltzershark', 11, '2022-06-13 01:27', 'https://www.reddit.com/r/Bitcoin/comments/vay5vd/forgive_me_father_satoshi/ic56cl1/', 'Actually a good post', 'vay5vd'], ['u/Due-Cardiologist2640', 10, '2022-06-13 01:57', 'https://www.reddit.com/r/Bitcoin/comments/vay5vd/forgive_me_father_satoshi/ic59s67/', 'It’s ok brother/sister, everyone learns eventually.', 'vay5vd'], ['u/Original_Eagle_5739', 12, '2022-06-13 02:35', 'https://www.reddit.com/r/Bitcoin/comments/vay5vd/forgive_me_father_satoshi/ic5dzmh/', 'Read the gospel of Saint Michael Saylor tonight to cleanse thy soul!', 'vay5vd'], ['u/meatismoydelicious', 10, '2022-06-13 03:56', 'https://www.reddit.com/r/Bitcoin/comments/vay5vd/forgive_me_father_satoshi/ic5n0m1/', 'Ten white paper readings for thy penance and thine balance shall be saved.', 'vay5vd']]], ['u/noobzp', "Take risks in the current market, it's the opportunity of a lifetime- IF YOU CAN", 65, '2022-06-13 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/', '"Be fearful when others are greedy" I\'m sure you heard this from Warren Buffet. \n\nBut, Warren Buffet wouldn\'t want you to go all in until you can\'t afford food or rent. \n\nIf you are **young, have low commitments, have a job, have an emergency fund equivalent to 3-6 months of your salary, and have extra cash every month -** you\'re probably fine, take the risk and DCA into projects you believe in. \n\nI myself joined at the Nov 2021 peak, terrifying isn\'t it? I bought ETH at 4200, thinking this is a one-way up investment and yeah, everyone knows what happens after that. Today, 70% of my portfolio is crypto, pretty ballsy right? But I\'m willing to take the risk - DCA and buying occasional small dips. My ETH avg is now 3100-3200 and I\'m super proud of myself. \n\nOf course, if you are balls deep and need that money for life and death matter, pull out now, **you can have all the money in the world but once you die everything is meaningless.** \n\nIf anyone is interested to know what\'s my play now: stack fiat and stables, DCA, and keep myself mentally strong and emotionless. When you let your emotions take control, you already lose the battle. \n\nI\'m not only taking this opportunity to accumulate more, but also to train myself to be cold and emotionless when it comes to investing. **I\'m still down 55% on my overall portfolio with the majority of them being BTC and ETH, I\'m not freaking out, why are you?**\n\nIf you really can\'t HODL anymore due to various reasons, pull out, there\'s always a comeback. if you can, congratulations, you will make it. \n\nThe purpose of me writing this post isn\'t about farming karma, I want to lift your spirits up a little. You don\'t have to upvote this :)', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/', 'vb0c78', [['u/Bucksaway03', 42, '2022-06-13 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5ixxn/', "I'm in a position to take risks, but fuck that.\n\nHow low we go at this point is throwing a dart blind folded after been spun around 27 times.", 'vb0c78'], ['u/fwast', 15, '2022-06-13 03:32', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5keui/', "I'm particularly done buying on the way down personally. The chart is starting to look like we are just going back to the levels it was before covid", 'vb0c78'], ['u/wirexyz', 10, '2022-06-13 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5kmlg/', 'In summary: buy my bags', 'vb0c78'], ['u/noobzp', 10, '2022-06-13 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5kvis/', 'When you feel that your daily necessities are threatened. Always prioritize food and shelter.', 'vb0c78'], ['u/Necessary-Bathroom14', 13, '2022-06-13 03:51', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5mhi9/', 'One guy says not to buy, the other to buy, I just want to be happy', 'vb0c78'], ['u/002timmy', 13, '2022-06-13 03:54', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5msy7/', 'The opportunity of a lifetime was BTC under $1. This is just an opportunity to get stack some sats and lower your cost basis if you joined in 2021', 'vb0c78'], ['u/Socialist-Hero', 10, '2022-06-13 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5o4k0/', 'This post aged well. Go check the charts', 'vb0c78'], ['u/wirexyz', 10, '2022-06-13 04:24', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5q5ts/', "You're down 55%. Why are you even giving advice to anyone?\n\nIf anything you need lots of advice on how to stop your hemorrhage.", 'vb0c78'], ['u/fv83747', 19, '2022-06-13 05:01', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5u4c0/', 'If Bitcoin goes below 20k I’ll buy, if not I’ll FOMO in at 50k', 'vb0c78'], ['u/moaiii', 17, '2022-06-13 05:19', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5w11v/', "With respect, you are incentivised to convince others to buy in now because your own portfolio *needs* others to buy in. You are also suffering from commitment bias, believing that it'll go back up soon because the alternative is unbearable. It's a little unethical, don't you think, to use your own bias to convince others to buy in now whilst almost all coins are freefalling?\n\nPeople should not be buying in this market. DCA has *some* merit for, say, a stock that can be objectively valued based on its free cashflow, assets, and growth prospects, but DCA is *not a valid strategy* for a financial instrument that has no measurable intrinsic value. I'm not going to argue the future of BTC, ETH, or crypto in general, but one thing that is undeniable is that you can't objectively put a value on an idea that hasn't yet been realised, no matter how good the idea is.\n\nHence, with no objectively measurable value, BTC and other coins have no fundamental support to fall back on when times are tough. There is no level that you can say with any probability that BTC/ETH/etc will find support at and bottom out. \n\n(source: I trade for a living. I've made all the mistakes.)", 'vb0c78'], ['u/noobzp', 12, '2022-06-13 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5wul3/', "I love it when intelligent people like you come at me with facts. Not like others who blindly open fire without any supports.\n\nDisclaimer: I invest in money I can afford to lose, and I'm grateful having food on table and roof over my head. My bad cus I forgot to include NFA in my post.\n\nAll in all, you state very good points, I learned something new today, thank you random internet guy.", 'vb0c78'], ['u/Rock_Strongo', 29, '2022-06-13 05:40', 'https://www.reddit.com/r/CryptoCurrency/comments/vb0c78/take_risks_in_the_current_market_its_the/ic5y8bk/', 'People saying “don’t DCA now because prices might go lower” is completely missing the en... Based 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:** ['Key Insights: Cryptocurrency market conditions deteriorated further at the start of the week, with the broader market seeing red for a seventh consecutive day. While market apprehension toward Fed monetary policy continued to weigh, news of DeFi lender Celsius suspending withdrawals added to the bearish mood. The total crypto market cap tumbled by $121 billion to sub-$1,000 billion for the first time since February 2021. It was a bearish start to the week for the crypto market, with the broader market seeing red for a seventh consecutive day. According to CoinMarketCap , Theta Network ( THETA ) was the only altcoin in the top one hundred to avoid a loss, with a 6.41% gain. Investor apprehension ahead of Wednesday’s Fed monetary policy decision and forward guidance continued to weigh on the crypto market. Adding to the market angst, however, was news of DeFi lender Celsius suspending all withdrawals, swaps, and transfers. With the dust yet to settle from the collapse of Terra LUNA and TerraUSD, the prospect of another market event came at the wrong time. The extended sell-off led bitcoin (BTC) to sub-$22,000 for the first time since December 2020. Crypto Market Cap Slides to sub-$1,000 Billion Amidst Panic Selling A particularly bearish Monday saw the total crypto market cap slide by $130.6 billion to end the day at sub-$1,000 billion. The total crypto market cap last stood at sub-$1,000 billion in February 2021. By contrast, however, the crypto market was in a bull run in February 2021, culminating in a bitcoin November all-time high of $68,979. Year-to-date, the total crypto market cap has fallen by $1,268 billion. With regulators looking to expedite efforts to roll out more stringent policy measures, the news of Celsius suspending withdrawals will likely draw more government ire. The latest news raises the risk of more collapses in the wake of TerraUSD Classic ( USTC ) and Terra LUNA . From the top ten cryptos, ETH and BTC led the way down, with losses of 15.7% and 15.5%, respectively. Story continues BNB (-12.6%), DOGE (-14.8%), and XRP (-9.1%) also saw heavy losses. ADA and SOL fared better than most, falling by 5.3% and 6.6%, respectively. From the CoinMarketCap top 100, Aave ( AAVA ), CurveDAO Token ( CRV ), NEO ( NEO ), NEXO ( NEXO ), THORChain ( RUNE ), and Zcash (ZEC) saw the heaviest losses. Tracking gold spot ( XAUUSD ) into the red, PAX Gold ( PAXG ) failed to provide comfort, declining by 3.01%. On Monday, gold spot slid by 2.80% to end the day at $1,819. Total Crypto Liquidations Remain Elevated Following a rise over the weekend, total crypto liquidation spiked going into today’s session. According to Coinglass , 24-hour liquidations stood at $1,070 million, well above any levels in recent weeks. Early in the Monday session, 24-hour liquidations had stood at $359.7 million, One-hour liquidations pointed to a steadying in market cap conditions, with one-hour liquidations at $15.53 million. Total Crypto Liquidations 140622 Crypto Daily News Highlights DeFi lender Celsius suspended withdrawals, swaps, and, transfers to add to the crypto market ire. JPMorgan announced plans to tokenize US Treasuries to embed them into its crypto strategy. US investors filed a lawsuit against Binance US for illegally selling TerraUSD and Terra LUNA. Former Twitter CEO Jack Dorsey challenged Elon Musk to develop a DOGE-based Web69. XRP investors await a court ruling that could decide the direction of the SEC case against Ripple Labs. MicroStrategy ( MSTR ) share price tumbled by 25.18% on Monday, with Coinbase ( COIN ) sliding by 11.41%. This article was originally posted on FX Empire More From FXEMPIRE: U.S. Treasury’s Yellen to visit Sioux tribe, meet Canadian counterpart next week Asian companies’ profits drop for first time in 7 quarters Exclusive-Google, Facebook, Twitter to tackle deepfakes or risk EU fines – document BMW to test ONE’s advanced battery in its iX electric SUV Divisive ‘green’ gas investment rules face EU lawmaker vote Oil prices inch lower as China COVID, recession worries outweigh tight supply', 'Key Insights: Cryptocurrency market conditions deteriorated further at the start of the week, with the broader market seeing red for a seventh consecutive day. While market apprehension toward Fed monetary policy continued to weigh, news of DeFi lender Celsius suspending withdrawals added to the bearish mood. The total crypto market cap tumbled by $121 billion to sub-$1,000 billion for the first time since February 2021. It was a bearish start to the week for the crypto market, with the broader market seeing red for a seventh consecutive day. According to CoinMarketCap , Theta Network ( THETA ) was the only altcoin in the top one hundred to avoid a loss, with a 6.41% gain. Investor apprehension ahead of Wednesday’s Fed monetary policy decision and forward guidance continued to weigh on the crypto market. Adding to the market angst, however, was news of DeFi lender Celsius suspending all withdrawals, swaps, and transfers. With the dust yet to settle from the collapse of Terra LUNA and TerraUSD, the prospect of another market event came at the wrong time. The extended sell-off led bitcoin (BTC) to sub-$22,000 for the first time since December 2020. Crypto Market Cap Slides to sub-$1,000 Billion Amidst Panic Selling A particularly bearish Monday saw the total crypto market cap slide by $130.6 billion to end the day at sub-$1,000 billion. The total crypto market cap last stood at sub-$1,000 billion in February 2021. By contrast, however, the crypto market was in a bull run in February 2021, culminating in a bitcoin November all-time high of $68,979. Year-to-date, the total crypto market cap has fallen by $1,268 billion. With regulators looking to expedite efforts to roll out more stringent policy measures, the news of Celsius suspending withdrawals will likely draw more government ire. The latest news raises the risk of more collapses in the wake of TerraUSD Classic ( USTC ) and Terra LUNA . From the top ten cryptos, ETH and BTC led the way down, with losses of 15.7% and 15.5%, respectively. Story continues BNB (-12.6%), DOGE (-14.8%), and XRP (-9.1%) also saw heavy losses. ADA and SOL fared better than most, falling by 5.3% and 6.6%, respectively. From the CoinMarketCap top 100, Aave ( AAVA ), CurveDAO Token ( CRV ), NEO ( NEO ), NEXO ( NEXO ), THORChain ( RUNE ), and Zcash (ZEC) saw the heaviest losses. Tracking gold spot ( XAUUSD ) into the red, PAX Gold ( PAXG ) failed to provide comfort, declining by 3.01%. On Monday, gold spot slid by 2.80% to end the day at $1,819. Total Crypto Liquidations Remain Elevated Following a rise over the weekend, total crypto liquidation spiked going into today’s session. According to Coinglass , 24-hour liquidations stood at $1,070 million, well above any levels in recent weeks. Early in the Monday session, 24-hour liquidations had stood at $359.7 million, One-hour liquidations pointed to a steadying in market cap conditions, with one-hour liquidations at $15.53 million. Total Crypto Liquidations 140622 Crypto Daily News Highlights DeFi lender Celsius suspended withdrawals, swaps, and, transfers to add to the crypto market ire. JPMorgan announced plans to tokenize US Treasuries to embed them into its crypto strategy. US investors filed a lawsuit against Binance US for illegally selling TerraUSD and Terra LUNA. Former Twitter CEO Jack Dorsey challenged Elon Musk to develop a DOGE-based Web69. XRP investors await a court ruling that could decide the direction of the SEC case against Ripple Labs. MicroStrategy ( MSTR ) share price tumbled by 25.18% on Monday, with Coinbase ( COIN ) sliding by 11.41%. This article was originally posted on FX Empire More From FXEMPIRE: U.S. Treasury’s Yellen to visit Sioux tribe, meet Canadian counterpart next week Asian companies’ profits drop for first time in 7 quarters Exclusive-Google, Facebook, Twitter to tackle deepfakes or risk EU fines – document BMW to test ONE’s advanced battery in its iX electric SUV Divisive ‘green’ gas investment rules face EU lawmaker vote Oil prices inch lower as China COVID, recession worries outweigh tight supply', 'Key Insights: Cryptocurrency market conditions deteriorated further at the start of the week, with the broader market seeing red for a seventh consecutive day. While market apprehension toward Fed monetary policy continued to weigh, news of DeFi lender Celsius suspending withdrawals added to the bearish mood. The total crypto market cap tumbled by $121 billion to sub-$1,000 billion for the first time since February 2021. It was a bearish start to the week for the crypto market, with the broader market seeing red for a seventh consecutive day. According to CoinMarketCap , Theta Network ( THETA ) was the only altcoin in the top one hundred to avoid a loss, with a 6.41% gain. Investor apprehension ahead of Wednesday’s Fed monetary policy decision and forward guidance continued to weigh on the crypto market. Adding to the market angst, however, was news of DeFi lender Celsius suspending all withdrawals, swaps, and transfers. With the dust yet to settle from the collapse of Terra LUNA and TerraUSD, the prospect of another market event came at the wrong time. The extended sell-off led bitcoin (BTC) to sub-$22,000 for the first time since December 2020. Crypto Market Cap Slides to sub-$1,000 Billion Amidst Panic Selling A particularly bearish Monday saw the total crypto market cap slide by $130.6 billion to end the day at sub-$1,000 billion. The total crypto market cap last stood at sub-$1,000 billion in February 2021. By contrast, however, the crypto market was in a bull run in February 2021, culminating in a bitcoin November all-time high of $68,979. Year-to-date, the total crypto market cap has fallen by $1,268 billion. With regulators looking to expedite efforts to roll out more stringent policy measures, the news of Celsius suspending withdrawals will likely draw more government ire. The latest 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: 2022-06-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $429,523,153,762 - Hash Rate: 219787040.37955952 - Transaction Count: 283231.0 - Unique Addresses: 717234.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.08 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Tom Westbrook SINGAPORE, June 1 (Reuters) - Stocks and bonds struggled in Asia on Wednesday while the U.S. dollar rose as investors worried about inflation and the hit that containing it with rate rises will bring to global growth. Shanghai emerged blinking from two months of lockdown but as data showed steep falls in factory activity across Asia from the withering of China's demand, relief was short-lived. MSCI's broadest index of Asia-Pacific shares outside Japan was dragged 0.7% lower by a 1% drop for Hong Kong's Hang Seng index. Japan's Nikkei rose 0.6%. S&P 500 futures were last up 0.4%, but had given up larger early gains. Euro STOXX 50 futures rose 0.5%, as did FTSE futures. Soaring food and energy costs drove eurozone inflation to a record-high 8.1% in May, Tuesday figures showed, stoking concern about rate rises not just in Europe but globally. "Markets are pricing in rate hikes in June from the UK, U.S., Sweden, Australia and Canada," said Societe Generale analyst Kit Juckes. "The more the markets focus on the inflation data and central bank action, the more likely it is that we have a bumpy start to the summer in risk sentiment and a strong one for the dollar." The dollar has arrested a three-week slide and made a two-week high of 129.23 yen late in the Asia session. It rose on the euro, sterling, Aussie and yuan and last traded at $1.0708 per euro and $0.7170 on the Aussie . Two-year German bund yields hit their highest in over a decade on Tuesday and benchmark 10-year Treasury yields rose 10 basis points (bps). They were steady at 2.8694% late in Tokyo trade. The Bank of Canada is expected to raise its benchmark target rate 50 bps to 1.5% when it meets later in the day. St. Louis Federal Reserve President James Bullard and New York Fed President John Williams are also due to speak on Wednesday and will be watched for clues on the outlook. GYRATIONS The U.S. Federal Reserve begins shrinking asset holdings built up during the pandemic on Wednesday. Traders expect it will raise rates by 50 bps at meetings this month and next and they are unsure and increasingly worried about after that. Story continues "We're in this kind of twilight zone now where it's just very difficult to get a handle on what the Fed are going to do after the July meeting," said Bank of Singapore analyst Moh Siong Sim. "Depending on who says what and how the data plays out there will be a lot of gyrations over the next few weeks." Uncertainty also looms over the shape of China's recovery from lockdown. Joggers came back to their stamping grounds on the banks of Shanghai's Huangpu River, but beat cops wore full hazmat suits and nerves about a return to lockdown ran high. Stocks in Hong Kong and Shanghai slipped. In commodity markets oil was knocked from an almost three-month high on Tuesday after the Wall Street Journal reported that oil producing nations were considering excluding Russia from a production deal, paving the way for extra output. Brent crude futures steadied at $116.09 a barrel. The stronger dollar pushed spot gold 0.3% lower to $1,830 an ounce. Bitcoin clung to early-week gains at $31,500. (Editing by Sam Holmes)... - 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:** ['(Bloomberg) -- Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams \x93based on the greater-fool theory\x94 at a climate conference Tuesday, reviving past criticisms of digital assets. Most Read from Bloomberg US Futures Gain With European Stocks; Dollar Slips: Markets Wrap Putin May Win in Ukraine, But the Real War Is Just Starting Biden Says US Recession Avoidable After Call With Ex-Treasury Secretary Summers Housing\x92s Slowdown Has Economy on the Edge Putin Gets Unexpected Pushback From Ally Over War in Ukraine \x93Obviously, expensive digital images of monkeys are going to improve the world immensely,\x94 Gates said sarcastically while speaking at an event in Berkeley, California hosted by TechCrunch. He said he\x92s neither long nor short the asset class. Gates has criticized crypto before, sparring with Elon Musk last year over whether Bitcoin is too risky for retail investors and the environmental harm of mining coins. Speaking Tuesday as the founder of Breakthrough Energy Ventures, the climate-focused fund he began in 2015, Gates noted the difficulty of recruiting Silicon Valley engineers to work in industries like chemicals and steel production in need of lower greenhouse gas emissions. Bitcoin plunged more than 15% Monday and another 5.4% Tuesday, part of a broader crypto selloff fueled by higher than forecast US inflation and the halt of withdrawals by the lending platform Celsius. Popular NFT collections, including the celebrity-favored Bored Ape Yacht Club (BAYC), are also being hit hard. Gates also defended digital banking efforts he\x92s supported through his philanthropic foundations, which he described as \x93hundreds of times more efficient\x94 than cryptocurrencies. Michael Bloomberg, founder and majority owner of Bloomberg LP, is a backer of Breakthrough Energy Ventures. Most Read from Bloomberg Businessweek Ethereum Mining Is Going Away, and Miners Are Not Happy Hell Is a Cruise Ship at the Beginning of the Pandemic Sheryl Sandberg\x92s Wedding Expenses Are the Least of Facebook\x92s Sheryl Sandberg Problems Adults Who Love Toys? The Toy Industry Loves Them, Too ©2022 Bloomberg L.P.', '(Bloomberg) -- Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets.\nMost Read from Bloomberg\n• US Futures Gain With European Stocks; Dollar Slips: Markets Wrap\n• Putin May Win in Ukraine, But the Real War Is Just Starting\n• Biden Says US Recession Avoidable After Call With Ex-Treasury Secretary Summers\n• Housing’s Slowdown Has Economy on the Edge\n• Putin Gets Unexpected Pushback From Ally Over War in Ukraine\n“Obviously, expensive digital images of monkeys are going to improve the world immensely,” Gates said sarcastically while speaking at an event in Berkeley, California hosted by TechCrunch. He said he’s neither long nor short the asset class.\nGates has criticized crypto before, sparring with Elon Musk last year over whether Bitcoin is too risky for retail investors and the environmental harm of mining coins. Speaking Tuesday as the founder of Breakthrough Energy Ventures, the climate-focused fund he began in 2015, Gates noted the difficulty of recruiting Silicon Valley engineers to work in industries like chemicals and steel production in need of lower greenhouse gas emissions.\nBitcoin plunged more than 15% Monday and another 5.4% Tuesday, part of a broader crypto selloff fueled by higher than forecast US inflation and the halt of withdrawals by the lending platform Celsius. Popular NFT collections, including the celebrity-favored Bored Ape Yacht Club (BAYC), are also being hit hard.\nGates also defended digital banking efforts he’s supported through his philanthropic foundations, which he described as “hundreds of times more efficient” than cryptocurrencies.\nMichael Bloomberg, founder and majority owner of Bloomberg LP, is a backer of Breakthrough Energy Ventures.\nMost Read from Bloomberg Businessweek\n• Ethereum Mining Is Going Away, and Miners Are Not Happy\n• Hell Is a Cruise Ship at the Beginning of the Pandemic\n• Sheryl Sandberg’s Wedding Expenses Are the Least of Facebook’s Sheryl Sandberg Problems\n• Adults Who Love Toys? The Toy Industry Loves Them, Too\n©2022 Bloomberg L.P.', '• Crypto market conditions calmed on Tuesday, with the broader market ending extended losing streaks.\n• Ethereum (ETH) bucked the trend, falling for an eighth consecutive day, with bitcoin (BTC) also seeing red.\n• The choppy session saw the total crypto market cap fall by $69 billion to a new current-year low of $858.7bn before late support kicked in.\nIt was a mixed session for thecryptomarket on Tuesday. While the broader crypto market ended an extended losing streak, the bitcoin (BTC) fell for an eighth consecutive day.\nThe eighth day in the red saw bitcoin fall to a new current-year low of $20,838 before a partial recovery to $22,000. Bitcoin last stood at sub-$21,000 in December 2020.\nHelium (HNT) was a front runner, while Monero (XMR) and Tron (TRX) saw heavy losses.\nDip buyers delivered much-needed support ahead of the Fed’s monetary policy decision on Wednesday, which has weighed on the crypto market.\nFollowing Monday’s $130.6 billion wipeout, the total crypto market cap fell by just $3.6 billion on Tuesday.\nSignificantly, however, the market cap fell to a new current-year low of $858.6 billion before returning to $900 billion. Tuesday’s decline marked the eighth consecutive daily fall.\nFor June alone, the total crypto market cap is currently down $379 billion, following a $380 billion tumble in May and a $375 billion slump in April.\nWhile the crypto market found support on Tuesday, downside risks remain as the market looks ahead to the Fed monetary policy decision on Wednesday.\nThe markets have priced in a 50 basis point rate hike. A hike in line with expectations would leave investors to focus on the Fed’s inflation, GDP, and interest rate projections.\nInvestor fear of a more aggressive rate path trajectory has hit riskier assets. An upward revision to the March projections will likely further test the appetite for riskier assets.\nOther market considerations include plans to roll out more stringent regulatory measures and the stability of stablecoins.\nOn Tuesday, TRX came under selling pressure as investors reacted to algorithmic stablecoinUSDDlosingits dollar peg. TRX slumped by 12.9% on Tuesday, following a 16.1% slide on Monday.\nFrom the top ten cryptos,ADA(+3.88%),SOL(+3.46%), andXRP(+3.41%) led the way.\nBNB(+0.09%) andDOGE(+2.69%) also found support.\nBTCslid by a further 1.58% to lead the way down, however, withETHending the day with a 0.02% loss to buck the broader market trend.\nFrom theCoinMarketCaptop 100, Monero (XMR) joined TRX in the deep red, with a loss of 10.83%.\nFollowing Tuesday’s spike, total liquidations eased going into the Wednesday session.\nAccording toCoinglass, 24-hour liquidations stood at $578 million, down from $1,070 million levels on the day prior. While down from Tuesday levels, however, 24-hour liquidation levels remained elevated.\nOne-hour liquidations pointed to a steadying in market cap conditions, with one-hour liquidations at $7.7 million.\n• Bank of England Governor Andrew Bailey took anotherswipeat the crypto market.\n• Crypto investorsprepfor the Fed monetary policy decision and projections.\n• Tron (TRX)tooka hit in response to algorithmic stablecoin USDD losing its dollar peg.\n• Ripple general counsel Stuart Alderotytookaim at the SEC over a muddied regulatory environment.\n• BlockFi wasfined$943,000 for failing to register securities in the State of Iowa.\n• While the crypto winter takes its toll on crypto platforms, Ripple Labs, Binance, and Tron announced upbeat plans.\n• CEO and co-founder of Terraform Labs Do Kwondeniedcashing out $2.7 billion.\nThisarticlewas originally posted on FX Empire\n• Oil prices edge higher, but expected U.S. interest rate hike looms\n• Analysis-Golden age of buses? Buyers hop on UK transport firms\n• Weak pound and forceful Fed pressure Bank of England to act big\n• Japan govt hopes BOJ takes ‘necessary’ action on yen, inflation\n• U.S. rate markets price in aggressive 75-bps hike on Wednesday\n• AirAsia X to add long-haul routes, including London, as demand rebounds', 'Key Insights: Crypto market conditions calmed on Tuesday, with the broader market ending extended losing streaks. Ethereum (ETH) bucked the trend, falling for an eighth consecutive day, with bitcoin (BTC) also seeing red. The choppy session saw the total crypto market cap fall by $69 billion to a new current-year low of $858.7bn before late support kicked in. It was a mixed session for the crypto market on Tuesday. While the broader crypto market ended an extended losing streak, the bitcoin ( BTC ) fell for an eighth consecutive day. The eighth day in the red saw bitcoin fall to a new current-year low of $20,838 before a partial recovery to $22,000. Bitcoin last stood at sub-$21,000 in December 2020. Helium ( HNT ) was a front runner, while Monero ( XMR ) and Tron ( TRX ) saw heavy losses. Dip buyers delivered much-needed support ahead of the Fed’s monetary policy decision on Wednesday, which has weighed on the crypto market. Crypto Market Cap Slides to sub-$900 Billion Following Monday’s $130.6 billion wipeout, the total crypto market cap fell by just $3.6 billion on Tuesday. Significantly, however, the market cap fell to a new current-year low of $858.6 billion before returning to $900 billion. Tuesday’s decline marked the eighth consecutive daily fall. Total Market Cap Daily Chart 150622 For June alone, the total crypto market cap is currently down $379 billion, following a $380 billion tumble in May and a $375 billion slump in April. While the crypto market found support on Tuesday, downside risks remain as the market looks ahead to the Fed monet **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: 2022-06-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $400,404,732,200 - Hash Rate: 248389463.44265285 - Transaction Count: 296312.0 - Unique Addresses: 732637.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.07 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • The Ropsten Merge could take place by June 10. • Amid high anticipation of the merge, price gains are expected from ETH. • While there is an excellent long-term opportunity for ETH price, gains would depend on some key factors. According to a recentblogpost fromEthereum, Ropsten, the chain’s oldest testnet, is about to undergo its transition to proof of stake (PoS). This would be a major milestone marking the final tests ahead of the merge on the main Ethereum blockchain. The exact timing for the merge would vary depending on certain variables; however, it the expected to happen on Wednesday. Many market participants expect the much-awaited merge, to bring a breeze of fresh air to ETH prices. However, it remains to be seen whether ETH prices would pump. The longest-running Ethereum proof of work (PoW) testnet is set to transition to proof of stake. Previously, Ethereum core developer Tim Beiko had announced that the Merge is scheduled for June 8 on the network. However, a recent post made it clear that the Merge would occur by June 10. Beacon Chain’s launch on the Ropsten test network marks a huge milestone for Ethereum. The Beacon Chain is a PoS network that runs alongside Ethereum’s mainnet, which is PoW. The test network acts as a bed for Ethereum’s approaching shift in the consensus mechanism, as the two chains would ‘merge’ to form a single PoS network. One of the primary objectives of the merge is to practice Ethereum’s mainnet merge later this year. Ethereum core developers have carried out merge tests in the past, including a shadow fork on the main network and another merge on the Kiln testnet. The merge would combine the code of Ropsten’s two chains, both proof of work and proof-of-stake beacon chain. A similar process for the Ethereum mainnet merge will happen later this year. The Ethereum merge is a much-anticipated event in the crypto space and is expected to affect ETH’s price amid high social anticipation. A CryptoQuantposthighlighted that sentiment analysis, aSOPR, and Exchange Reserve; we are still in the buy-zone. While the top two assets’ prices had fallen rapidly by more than 5% in the past hours, there was a decent buy opportunity.Fear & Greed Index indicates that retail investors are “extreme fear” for more than two months. According to the aSOPR, bitcoin and ethereum prices may not have reached the real bottom yet, but prices were still swinging in the buy-zone. The same meant that it was a good opportunity to build long-term positions. That said, exchange reserve (BTCand ETH) also continued to decline over the past three months. While some metrics presented a moderately bullish outlook, the top altcoin lost nearly 50% of its value since the beginning of this year, while ETH/ BTC pair also lost power. ETH’s price has been trading below the $2,000 price as investors’ sentiment maintained a bearish narrative for the most of the last few months. At press time, despite the social anticipation of the merge, ETH price was at $1,808, noting 2.66% losses on the daily and 7.45% losses on the weekly chart. The $1,720 mark can act as a strong support level going forward; if ETH price continues to hold above the level, price gains can be expected. However, a fall below this key support could bring the price down to the next strong support at the $1,300 mark. Thisarticlewas originally posted on FX Empire • VW’s CUPRA to launch three electric models by 2025 • Poll shows French President Macron’s bloc ahead in parliamentary election • San Francisco District Attorney Chesa Boudin recalled • Australia accuses Airbnb of misleading customers on price • San Francisco district attorney recalled amid crime concerns • China will adopt targeted measures to help foreign trade firms: vice commerce minister... - Reddit Posts (Sample): [['u/qwertyhay8', "What's going on with the crypto crash?", 3975, '2022-06-15 00:04', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/', "I've been seeing the news everywhere that crypto is really tanking, but it never says why these crypto giants like Bitcoin and Ethereum are hitting rock bottom.\n\nhttps://imgur.com/a/GW2tBFk", 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/', 'vceufz', [['u/JohnnyKnoblauch', 408, '2022-06-15 00:15', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icduba3/', 'Answer:\nSeveral reasons:\n- not many people left, who are new to crypto and willing to take chances now, so hard to unload overpriced crypto to newbies\n- most people now either understand that it is a glorified database with lots of hashes and asymmetric cryptography or just don\'t trust the "buy and hold" preaching\n- high inflation, higher interest rates: people actually need money for real things\n- crypto exchanges can cover less than 1% of what they issued in stable coins in real world money\n...', 'vceufz'], ['u/praguepride', 308, '2022-06-15 00:26', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icdvmjy/', 'Crypto in its current iteration was a bad idea. Block chain is more of a novelty with narrow use cases but people turned it into the next dot com bubble. \n\nThere was never any real value to hold it up so this was always a case of [Greater Fool Theory](https://en.m.wikipedia.org/wiki/Greater_fool_theory) in practice. \n\nMaybe in another timeline it could have turned legit and anchored by real world value but in this timeline it went from a weird novelty to outright scammy NFT market real fast.', 'vceufz'], ['u/dhork', 4627, '2022-06-15 01:18', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/ice1x3n/', 'Answer: "Stablecoins" are cryptocurrencies which are designed to track the value of fiat money. A few weeks ago, the TerraUSD stablecoin, which aimed to stay in sync with USD using an algorithm to exchange it with its related crypto LUNA, lost its relationship with USD and both currencies crashed. While only the LUNA and TerraUSD holders lost everything, it had an effect on the rest of crypto.\n\nThen, this week, the much widely held stablecoin Tether briefly lost its peg to USD. Just barely - just to .986 , but that\'s not supposed to happen. Tether claims that they hold dollars to back all the currently issued Tether, but some people have their doubts. While Tether regained its peg, two major Crypto exchanges (Binance and Celsius) suspended the ability of customers to withdraw funds. Binance blamed a software bug, but Celsius admitted that they are having liquidity issues.\n\nAny one of these things in isolation would not have started a crypto free-fall, but all this happening over a few weeks has caused the market to tank.', 'vceufz'], ['u/Atalung', 53, '2022-06-15 01:36', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/ice450v/', "It also doesn't help that, with banks pricing in a 75 basis point rate hike tomorrow and potentially 100 basis point increase in July, I imagine there's some institutional sell off to avoid said hikes", 'vceufz'], ['u/KiwiKal', 23, '2022-06-15 02:08', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/ice81lu/', 'It was never good', 'vceufz'], ['u/Rogaar', 23, '2022-06-15 02:22', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/ice9sjr/', "I was wondering if anyone would mention crypto being a Ponzi scheme. Don't get me wrong, I agree with you.\n\nThe days of people becoming millionaires off crypto are gone. The ones that go in early and bought coins when they were worth next to nothing saw multipliers of 1000x. Now you would be luck to double your money.\n\nEdited second work from wonder to was. Stupid autocorrect", 'vceufz'], ['u/theVoxFortis', 1162, '2022-06-15 02:42', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icec6bo/', 'Answer: With high inflation, the Fed has signaled that they\'re going to start raising interest rates. That along with the prospect of a possible recession has tightened up money in investing firms and individuals. As a result, high growth stocks have tanked. Nasdaq as a whole is down around 30%, with higher growth stocks down 50-80%.\n\nOverall, wealthy investors have less money to throw around and tech people specifically have been hit pretty hard. Crypto is a high risk investment and so in times of uncertainty people move towards more conservative options.\n\nTo be honest, I feel the crypto \'crash\' is overstated. Bitcoin is only down around 60% from its peak, this isn\'t that unusual for its history. Given the market I would have expected it to be down 80-90%.\n\nEdit: to the people balking at me saying "only 60%", you apparently haven\'t paid attention to Bitcoin\'s history. Bitcoin has dropped more than 50% over several months 3-4 times since 2018. What\'s happening to the tech market hasn\'t happened since 2009. These aren\'t comparable things. So no, Bitcoin dropping 60% isn\'t a big deal, it\'s what happens every year or so.\n\nEdit 2: thanks for the awards! And to those complaining about the top comment, I agree that is a downstream effect of the market dropping. But it\'s still interesting information that has further complicated parts of the crypto market.', 'vceufz'], ['u/allboolshite', 13, '2022-06-15 03:06', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icef3uc/', "Yeah, I feel like crypto is an important step towards a decentralized solution but not the actual solution. The transaction cost is too high and should be closer to neutral. It's more valuable to speculators than people actually buying goods and services. And it's too volatile for that anyway. Plus, governments can still squeeze it/regulate it/shut it down. It's not really decentralized and self-managing when that's possible.\n\nStill, it is an important step in that direction.", 'vceufz'], ['u/wumbology95', 62, '2022-06-15 03:21', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icegvx4/', 'There\'s also the fact that banks and institutions can now no longer use crypto as collateral, which I think isn\'t talked about enough. \n\nThis thread is filling up with people parroting "crypto bad" circle jerk without answering the question in good faith. Thanks for adding some truth to this discussion.', 'vceufz'], ['u/NuclearLunchDectcted', 47, '2022-06-15 03:44', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icejmcv/', "What about the people that do know about crypto and have been following it since the days of 25 cent bitcoins and faucets giving out free BTC for clicking a button on a website, but realize that it's a massive waste of energy resources and can never realistically be scaled up to be a worldwide currency for more than fringe use? Those same people that have realized that the rise of BTC to $70k was a speculators dream but it was inevitably going to drop just like every other MLM scheme.\n\nBecause that's me. I can't wait to piss on the hypothetical grave of cryptocurrency if it ever really dies, though I doubt it will fully die since there will be some true believers that hold onto their coins until the day they die, expecting some massive comeback that never happens.\n\nEspecially as someone that lives in Texas, where we're in a massive heatwave and I expect our power grid to fail again at least once this Summer, I hate BTC. All that extra stress on the grid could just... not be there, except miners gotta burn terawatts of energy doing useless calculations.", 'vceufz'], ['u/SpacemanSpiff23', 19, '2022-06-15 03:46', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icejvr0/', 'Answer: The whole market is down, not just crypto.', 'vceufz'], ['u/Beegrene', 42, '2022-06-15 03:55', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icel04y/', "> People love shitting on crypto as people fear and hate on what they dont know about.\n\nTypical cryptobro bullshit. Any time someone criticizes your pretend money you have to jump and say that they just don't understand it. We all know what crypto is at this point. That's *why* we don't like it.\n\n*edit: lol, homie deleted his comment. Downvotes too much for you, ya big baby?", 'vceufz'], ['u/JeanValJohnFranco', 3159, '2022-06-15 03:59', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icelfb1/', 'Celsius essentially claimed to be a bank that used crypto instead of fiat currency and was offering interest rates of 18% on crypto deposits. I’m no expert, but when a company offers you 18% return on a supposedly risk free deposit that just screams “ponzi scheme.”', 'vceufz'], ['u/magneticanisotropy', 15, '2022-06-15 04:02', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icelsse/', "LOL (what I'm doing right now and also my thoughts on NFTs)", 'vceufz'], ['u/FabricationLife', 19, '2022-06-15 04:08', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/icemjfv/', 'Let me sell you this monkey I made in Ms paint for 60k', 'vceufz'], ['u/phailhaus', 2035, '2022-06-15 04:24', 'https://www.reddit.com/r/OutOfTheLoop/comments/vceufz/whats_going_on_with_the_crypto_crash/iceof9n/', 'It\'s the dumbest thing. "Banks can\'t be trusted, they\'ll take your money and gamble it on risky assets, give it to us instead!" How the hell do you think they are getting these ridiculous interest rates? That\'s exactly what they\'re... Based 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:** ["Illustration by Luis G. Rendon/The Daily Beast/Getty A few days before the close of the New York state legislature on June 2, the fate of Assembly Bill A7389C seemed certain: Despite passing in the Assembly about a month prior, the bill was never assigned to the calendar of a crucial committee it needed to go through before going to a vote in the state Senate. Its odds of becoming law looked incredibly slim . But legislative officials knew they had enough Senate votes for the bill to pass. So, constituents made phone calls, supportive legislators pressed their colleagues , and with just a few hours to go before the legislature closed for the year, the bill passed in the state Senate. In the wee hours of the morning on June 3, the New York state legislature passed the first moratorium on fossil-fuel powered proof-of-work cryptocurrency mining of any kind in the country. \x93Hundreds of people calling by the hour every day for the days leading up to the final hours of session proved to legislative leadership how concerned New Yorkers were,\x94 New York state Assembly member Anna Kelles, sponsor of the bill, told The Daily Beast in an email. \x93The voice of the people was the most important factor in driving this bill over the finish line.\x94 Members of the cryptocurrency industry see those final hours differently: as a swift, surprising move that puts New York on path toward eliminating their sector entirely. \x93Our efforts to secure enough votes in opposition to the bill were essentially thwarted,\x94 John Olsen, New York state lead of the Blockchain Association, told The Daily Beast. \x93We were certainly surprised \x85 between being told that this bill is likely not going to move, to 24 hours later, it's on the Senate floor.\x94 How Crypto Is Failing Spectacularly to Greenwash Itself The bill now sits with Gov. Kathy Hochul, who has yet to signal a commitment to either signing or vetoing it. At contest is the emissions footprint of a form of digital currency mining that environmental advocates, including Kelles, say is fundamentally at odds with New York state\x92s climate goals. In 2019, the state committed to a landmark set of environmental targets when it passed the Climate Leadership and Community Protection Act (CLCPA) \x97including one to limit its emissions by 85 per cent by 2050 from 1990 levels. Story continues But the possible proliferation of Bitcoin mines that are powered by fossil fuel plants would thwart any efforts to reach this commitment. The state is home to 49 retired power plants that could be brought back to life with little difficulty. Kelles and her counterparts fear those plants look attractive to an industry that, by nature of its setup, has exponentially growing energy needs. Major cryptocurrencies like Bitcoin and Ethereum are currently validated through a system called proof-of-work, which tasks miners to compete against each other to solve a guess-the-number style algorithmic puzzle with random, brute force attempts. The winner earns the right to mine a new token. At one point, mining Bitcoin in this fashion could be done on a laptop; today, entire facilities are devoted to it, collectively amounting to a carbon footprint larger than entire countries . Mining a single Bitcoin is estimated to have the same environmental impact as millions of visa transactions . For years, most of the world\x92s major crypto mining operations were run out of China, and were powered by hydroelectricity. But the country\x92s crackdown on mining shifted many to move their crypto mines to the West. A growing number of mines in the U.S. are expanding their operations by latching onto sources of cheap fossil fuel power , notably in areas where old infrastructure is available for the taking. This includes sites where orphaned oil and gas wells spew methane, active drill rigs flare stranded natural gas , and struggling power plants are perched , with their equipment, waiting for a lifeline\x97all sitting ducks for crypto companies looking to get ahead as affordably as possible. One of those setups exists in Dresden, New York. The Greenidge Power Plant, formerly a coal-powered facility, was decommissioned in 2011 when its owners went bankrupt . A few years later, private investment and equity firm Atlas Holdings came along, purchased the plant, and, as reported by Grist , earned state grant funding to convert the plant to run on natural gas. Atlas reopened the plant in 2017, and two years later began using it to mine Bitcoin. We stopped Astoria & Danskammer; we must also stop Greenidge! They are restarting a fossil fuel power plant to mine bitcoin & spew GHGs in the Finger Lakes. Submit comments by tomorrow by emailing [email protected]. More info: https://t.co/REhCtveYlN pic.twitter.com/pSp5UiCHJ2 \x97 Climate Reality Project NYC (@nyc_climate) November 18, 2021 With the 2017 permits came the right to withdraw 139,248,000 gallons of water per day from the nearby Seneca Lake through an intake pipe that sucks in both wildlife and water indiscriminately; to discharge it back into the lake at 108 degrees Fahrenheit ; and to emit 641,000 tons of greenhouse gasses per year\x97all while the machines whirr 24/7. Save one pending permit application, Greenidge is the only plant of its kind currently operating in the state, and would be grandfathered in by the bill, and thus wouldn\x92t be affected. But according to an analysis by Cornell University engineer Anthony Ingraffea, who testified against cryptocurrency mining in the state assembly last October, there are an additional four former coal-fired power plants upstate like it. Should they all be converted to proof-of-work crypto mines, their collective yearly emissions footprint would constitute eight per cent of the allotted 254-million metric tonnes of greenhouse gas emissions the state is aiming to limit itself to by 2030. That possibility is a real one if the state neglects to step in, he argued in his testimony, because the increasing complexity of proof-of-work for crypto mining requires more powerful (and more energy-intensive) technology over time. \x93If the governor and the DEC of New York say, \x91yep, go ahead, Greenidge, fire back up,\x92 then the door is open,\x94 Ingraffea told The Daily Beast. \x93How are they going to say no to anybody else?\x94 Ingraffea notes that there are other methods of validating blockchain transactions that are less energy intensive that the bill does not target. All forms revolve around what\x92s called a \x93consensus mechanism,\x94 or the pathway through which a decentralized community decides who has the right to validate new transactions and add blocks to the blockchain. The proof-of-work mechanism affords the right to mine coins based on the amount of computation effort a user has expended. Another called proof-of-stake affords this right based on how much stake a user has in the currency, or, how much they currently own. Yet another, called proof-of-authority, does so through a user\x92s identity, or existing reputation.The latter two methods could exist harmoniously with New York\x92s climate commitments. Crypto Mines Are Making Life a \x91Daily Hell\x92 for This Tiny North Carolina Town But according to Olsen, Bitcoiners feel they are being unfairly singled out by the new bill. \x93Based on how the bill was introduced, and the rhetoric from proponents, this really is an anti-crypto bill over a climate protection or environmental justice policy,\x94 Olsen said. \x93I think the main narrative for the proponents became, \x91well, we have all these decommissioned plants, so naturally, industry is just going to start snatching them up and start these new operations.\x92 When, generally, Bitcoin miners try to use the lowest form of carbon output and seek to use renewable sources.\x94 Liz Moran, New York policy advocate for Earthjustice, an environmental law firm that pushed for the legislation, believes this argument is circular: \x93[Crypto miners] constantly say they aren't planning to purchase fossil fuel power plants,\x94 she told The Daily Beast. \x93So if that's the case, why do they have a problem with this moratorium?\x94 But Olsen, and others in the crypto sphere who assailed the bill in the weeks before its passing, say, regardless of tangible impact, the bill sends an unwelcoming signal to the industry, which has recently nestled in New York. The state is responsible for nearly 20 percent of Bitcoin mined in the nation . Regulations will only communicate to the parties who make up that percentage that they\x92re not welcome here. Olsen is notably spooked by the language of a previous version of the bill that failed , which called for a three-year moratorium on all cryptocurrency mining. This year\x92s bill is much narrower: Crucially, it does not regulate other forms of mining beyond proof-of-work, nor does it regulate mines that plug into the state\x92s grid, for which the most prevalent fuel source remains natural gas, according to the Energy Information Administration . But Olsen fears that future iterations of the bill, drafted after the state Department of Environmental Conservation completes a generic environmental impact statement on cryptocurrency operations that AB7389C mandates, could be broader in scope. In that case, he believes, Bitcoiners would just relocate, and the industry\x92s overall emissions would remain untouched. \x93It does nothing to prevent emissions beyond New York's borders,\x94 he said, noting that the bill\x92s primary effect is in its messaging, that \x93the energy intensity of Bitcoin mining has no place in New York.\x94 Supporters of the new bill admit that it is, in its narrowness, largely symbolic\x97but its symbolic nature is both a weakness and a strength. Having created a viable legislative pathway to placing a moratorium on the highest-emitting method of validating block transactions, advocates in New York are hopeful that the bill will sen **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: 2022-06-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $395,726,632,400 - Hash Rate: 179141491.81621632 - Transaction Count: 251253.0 - Unique Addresses: 662185.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.07 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don't miss CoinDesk's Consensus 2022 , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Prominent trading firm Jane Street has made its first stride into decentralized finance ( DeFi ), borrowing $25 million in USDC from BlockTower Capital via DeFi marketplace Clearpool, with plans to eventually increase that amount to $50 million, Clearpool confirmed in a press release Tuesday. Bloomberg first reported on the news. Clearpool is a platform where institutions can access uncollateralized loans from a network of lenders. It is backed by investors including Arrington Capital, Sequoia Capital, Sino Global Capital and HashKey. "This is the first time that a major Wall Street institution has entered into a borrowing transaction on a DeFi protocol," Clearpool noted in its press release. BlockTower general partner Sanat Rao told Bloomberg that DeFi protocols typically earn 15% to 25% in annualized interest, but declined to specify the rate BlockTower will receive from Jane Street. Jane Street made its first DeFi investment last month, backing decentralized lending protocol, Bastion . The New York firm also provides liquidity for Bitcoin and Ethereum on Robinhood and made its first crypto trade in 2017. In January, Jane Street's Turner Batty described crypto trading as “a clear growth area” and that the number of people at Jane Street working on cryptocurrency has "never been higher." Read more: Near DeFi Project Bastion Reveals $9M Funding Round on Heels of BSTN Airdrop Plans... - 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:** ['Don\'t miss CoinDesk\'sConsensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.\nGood morning. Here’s what’s happening:\nPrices: Cryptos sink again.\nInsights:After the eventual crypto thaw, firms like Three Arrows Capital won\'t find a place.\nTechnician\'s take:In place of Technician\'s Take, First Mover Asia is republishing an essay for CoinDesk by Tusk Venture Partners co-founder Bradley Tusk.\nCatch the latest episodes ofCoinDesk TVfor insightful interviews with crypto industry leaders and analysis. Andsign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.\nBitcoin (BTC):$20,311 -10.2%\nEther (ETH):$1,059 -15%\n[{"Asset": "USD Coin", "Ticker": "USDC", "Returns": "+0.0%", "DACS Sector": "Currency"}]\n[{"Asset": "Polkadot", "Ticker": "DOT", "Returns": "\\u221217.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u221215.5%", "DACS Sector": "Entertainment"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u221213.8%", "DACS Sector": "Computing"}]\nBitcoin and Other Cryptos Tumble\nSo much for the rebound.\nCryptos, which had risen Wednesday after U.S. Federal Reserve Chair Jerome Powell struck a determined inflationary tone, returned their gains Thursday amid fresh investor worries about rising prices, global tumult and a looming recession.\nBitcoin was recently trading just above $20,300, down more than 10% over the previous 24 hours and again raising questions about whether it might soon break support at $20,000 and spur a fresh round of liquidations. Ether, the second-largest crypto by market cap after bitcoin, was testing the $1,050 waters where it last waded over a year ago, and was off over 15%. Other altcoins assumed various shades of red, with DOT and UNI recently down over 16% and 13%, respectively.\n"Investors and traders should be prepared that [Wednesday’s] rebound could choke out rather quickly," FxPro senior analyst Alex Kuptsikevich wrote early Thursday. He said investors need to be ready because "cryptocurrencies and risky assets in financial markets are unlikely to reliably bounce back before there are signals the economy has stopped slowing."\nCryptocurrency prices, which have correlated with stocks in recent months, once again tracked major equity indexes. The Dow Jones Industrial Average, despite its bevy of blue chip stocks, plummeted below 30,000 for the first time in 18 months after closing down 2.4% for the day. The S&P 500, which entered bear market territory earlier in the week (meaning it has fallen at least 20% from its previous high), was off 3.3% while the tech-heavy Nasdaq plunged a whopping 4.1%.\nGold, a traditional risk-off asset, rose 1.2%.\nFor the cryptocurrency industry, the day was another forgettable one. Celsius watchers continued monitoring the latest fallout from the lending platform\'s decision to halt withdrawals and other news. CoinDesk reported that Texas, Alabama and other statesare investigatingCelsius\' decision in light of investor needs. “I am very concerned that clients – including many retail investors – may need to immediately access their assets yet are unable to withdraw from their accounts,” RotundatoldReuters. “The inability to access their investment may result in significant financial consequences.”\nMeanwhile, Crypto lender BlockFi confirmed Thursday it recently liquidated a “large client”amid reportsthat troubled crypto hedge fund Three Arrows Capital failed to meet margin calls. The crypto hedge fund (see Insights below) has historically been among the industry’s most prolific investors in new protocols and is also a large borrower. And exchange giant Coinbase\'s (COIN) stock tumbled more than 7% to a new closing low just two days after announcing the layoff of about 1,100 employees. Other crypto exchanges, including the Winklevoss twins-led Gemini and Latin America-based Bitso and Buenbit, have also recently cut jobs.\nEntrepreneur and Shark Tank host Kevin O\'Leary told CoinDesk TV that Celsius\' strategy was proving wrong. "It looks like when it came time for a liquidity event, they weren\'t able to provide liquidity," he said. "The concept of gating, shutting down is completely against the concept of decentralized finance. If I had an account there, I\'d be a pretty pissed off cowboy."\nO\'Leary sees bitcoin continuing to drop, perhaps 20%, yet he struck an optimistic note about crypto\'s future, noting among other developments WonderFi Technologies becoming the first crypto exchange to list on a major institutional stock exchange in Canada, the Toronto Stock Exchange, and similar initiatives in other countries. He was also encouraged by the introduction of three, bi-partisan, crypto bills in recent months in the U.S. and called crypto\'s recent problems and price drop "the beginning of a bottoming out process."\n"It\'s a birthing thing," he said. "It\'s the beginning of a nascent industry. The bad ideas need to be weeded out. You need to strip the Band-Aid off the wound. This is all good."\nS&P 500: 3,666 -3.3%\nDJIA: 29,992 -2.4%\nNasdaq: 10,646 -4.4%\nGold: $1,857 +1.2%\nAfter the Crypto Thaw, Firms Like Three Arrows Capital Will Struggle to Find a Place\nIn market downturns, cash will always be king. That was true for firms battling liquidations at the height of the 2008 financial crisis, and firms caught in the crossfire of this summer’s crypto meltdown.\nSingapore-based Three Arrows Capital is now at the center of everyone’s attention. The crypto hedge fund has historically been one of the industry’s most prolific investors in new protocols and is also a large borrower. But now it’s in trouble:Facing $400 million in liquidationson its positions, it’s nowghosting its counterpartiesandliquidity providers.Messari’sfund profilersays the firm is down approximately 58% on the year, which has no doubt compounded its problems.On-chain data suggeststhefund is trying to pay down debtby liquidating staked ether.\nThe question is, how much cash does Three Arrows Capital have? What’s the value of its assets under management?\nBoth those questions are hard to answer. The best clue to Three Arrows’ cash position comes from its registration with theMonetary Authority of Singapore. There, MAS says that it’s registered to manage assets under S$250 million (US$179.9 million). A December 2020filing with the Securities and Exchange Commissionshows that Three Arrows’ position in the Grayscale Bitcoin Trust – worth $1.2 billion at the time – was split between its Singapore and British Virgin Islands entity.\n(New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.)\nBut again, this doesn’t demonstrate how much cash Three Arrows has. Using leveraged bitcoin has always been an option to buy-in to GBTC and for the longest time it was possible topremium harvestGBTC and churn it into a source of yield.\nThe fund has always been coy with its assets under management (AUM), never disclosing it in public and never denying estimated numbers published by research houses.\nOn-chain analytics house Nansenat one time put that number at $10 billion, but it would be difficult to get an exact number without being able to identify all of Three Arrows’ wallets. Nansen has identified many, but not all, making it impossible to determine this number precisely – or figure out how much leverage is being used.\nWhat we do know about the black box of Three Arrows is that virtually every lending platform from Celsius to Aave has exposure. After all, that’s how they were able to generate the double-digit yield on their deposits. An eventual haircut from Three Arrows will be tough, especially as it comes during a general market drawdown.\nOf course, if Three Arrows had a cash position that was more reflective of its crypto AUM, there would be less of an issue overall (let’s not count stablecoins in this as many are fighting hard to maintain their peg).\nWhen crypto rebuilds after this deep correction there will certainly be less tolerance for these black boxes. The entire industry is based on transparency; it’s the defining attribute of the blockchain. Future hedge funds will have no problem putting everything on-chain for the world to see, making surprise liquidations a thing of the past – in theory.\n(Editor\'s Note: In place of Technician\'s Take, First Mover Asia is republishing a column by Tusk Venture Partners co-founder Bradley Tusk and head of legal at Dibbs, Thomas Mack)\nThe cliche is that the only things unavoidable in life are death and taxes. We can probably add new technology to the list, too. Artificial intelligence (AI), the metaverse, autonomous vehicles, flying cars – they’re all coming.\nLawmakers, if they want to be on top of a paradigm shift, should approach tech regulation in a way that isthoughtful, perceptive and comprehensive. But reaching consensus in our statehouses is challenging and finding any sort of common ground in Washington, D.C., is virtually impossible.\nThis article is excerpted from The Node, CoinDesk\'s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullnewsletter here.\nMaking matters worse, a comprehensive approach to tech policy typically occurs only after some crisis forces legislators’ hands and the media is all over them, only increasing the risk that the law is hasty or ill-conceived.\nWhile new regulatory frameworks will be needed in some areas of Web3 – the version of the internet driven by blockchain – there are other areas where innovators and investors can move the ball forward on the basis of existing laws and regulations, all the while simplifying the task for policymakers.\nSo let’s talk about technological neutrality.\nBy “technological neutrality” in the context of Web3 and tech innovation, we mean this: If new technology enables activities that are mostly the same as existing activi **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: 2022-06-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $390,460,041,562 - Hash Rate: 162582194.2533728 - Transaction Count: 251574.0 - Unique Addresses: 663831.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.09 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Most Read from Bloomberg Stocks Trim Gains as Inflation Concerns Increase: Markets Wrap Elizabeth Holmes Urges Judge to Overturn Verdict and Acquit Her NATO Should Think Twice Before Accepting Finland and Sweden Bitcoin Rallies as China’s Covid Easing Adds to Risk-On Mood China in Danger of Exporting Fresh Inflation Turmoil: MLIV Pulse The European Union is set to propose delaying restrictions on Russian oil imports from a key pipeline in a bid to satisfy Hungarian objections and clinch an agreement on a stalled sanctions package, the bloc’s sixth, that would target Moscow for its war in Ukraine. The EU’s executive arm is expected to circulate a revised proposal on Saturday that would temporarily spare shipments of oil through the giant Druzhba pipeline from a broader ban on oil deliveries, according to people familiar with the matter. The proposal would initially phase out just seaborne shipments, later extending to the Druzhba deliveries once a technical solution is found that satisfies the energy needs of Hungary and other mostly landlocked nations, said the people, who asked not to be identified because the talks are private. Seaborne supplies account for about two-thirds of Russian oil imports. EU ambassadors are scheduled to meet on Sunday when they could discuss the revised package, according to the people. Some member states are pushing to have an agreement before EU leaders meet in Brussels on Monday to discuss the war in Ukraine. The compromise would buy time for the EU and Hungarian Prime Minister Viktor Orban to iron out technical details of phasing out pipeline supplies to his country, the people said. Hungary has been blocking plans to ban Russian oil for weeks. The proposals are not finalized and could change before they are put forward and agreed by member states. The sanctions package requires the backing of all member states. Several nations had previously opposed distinguishing between seaborne and pipeline deliveries over concerns that such a split was unfair as it would disproportionately hit their supplies. A European Commission official declined to comment on the details of the proposals, saying it’s continuing to support member states to find an agreement on the package. The EU had previously proposed phasing out all Russian oil imports by early next year. Hungary and Slovakia would have been given until the end of 2024 to comply, while the Czech Republic would have been granted an exemption until June 2024. The countries are heavily reliant on Russian oil, but they account for a relatively small portion of the EU’s overall imports from Moscow. Story continues Exempting pipeline oil from the measures -- which Hungary had previously asked as a condition to back the package, along with more time and infrastructure investments -- will dent the impact of the sanctions. Russia shipped about 720,000 barrels a day of crude to European refineries through its main pipeline to the region last year. That compares with seaborne volumes of 1.57 million barrels a day from its Baltic, Black Sea and Arctic ports. However, the bulk of the pipeline deliveries are to Germany and Poland, which have signaled they will wean themselves off Russian supplies regardless of any EU action. Insurance Ban As part of the compromise, Bulgaria could be granted a longer transition period, two of the people said. Greece and Cyprus are also demanding a longer transition on a proposed ban on providing services such as insurance needed to ship oil to third countries around the world, according to the people. Under the current proposal, that ban would kick in three months after the sanctions package is adopted. That component of the original package had already been weakened after an earlier plan to ban tankers from shipping Russian oil to third countries was dropped earlier this month after Greece objected to that provision. Cyprus is also pushing to limit proposed restrictions on Russian individuals and entities buying real estate in the EU and wants that measure to only apply to Russians who are based in Russia, the people said. Other measures in the proposed EU sanctions package include: • Cutting three more Russian banks off the international payments system SWIFT, including Russia’s largest lender Sberbank. • Restricting Russian entities and individuals from purchasing property in the EU. • Banning the ability to provide consulting services to Russian companies and trade in a number of chemicals. • Sanctioning Alina Kabaeva, a former Olympic gymnast who is “closely associated” with President Vladimir Putin, according to an EU document; and Patriarch Kirill, who heads the Russian Orthodox Church and has been a vocal supporter of the Russian president and the war in Ukraine. Hungary, however, is opposed to sanctioning Kirill, the people said. • Sanctioning dozens of military personnel, including those deemed responsible for reported war crimes in Bucha, as well as companies providing equipment, supplies and services to the Russian armed forces. Most Read from Bloomberg Businessweek A Startup Wants to Rescue You From Browser Tab Hell Gun Sellers Push Quick Buy Now, Pay Later Financing The Tech Rout Isn’t Just Cyclical—It’s Well-Earned, and Overdue Gamification Took Over the Gig Economy. Who’s Really Winning? A New Prediction Market Lets Investors Bet Big on Almost Anything ©2022 Bloomberg L.P. View comments... - Reddit Posts (Sample): [['u/Apart_Split_8801', "Today Bitcoin has a market cap of $395.7 billion and Dogecoin has a market cap of $7.4 Billion. Every time you read someone saying 'We are still early', have a look at some of this top franchise/companies' valuations.", 33, '2022-06-17 00:13', 'https://www.reddit.com/r/Buttcoin/comments/vdxfzl/today_bitcoin_has_a_market_cap_of_3957_billion/', "* L.A. Lakers current valuation is $5.5 billion.\n* The Yankees, baseball's most valuable franchise, is valued at a whopping $6 billion.\n* Real Madrid have been ranked as the world's most valuable football club at $5.1 billion\n* AMC Entertainment Holdings, has a market cap of about $6.2 billion.\n* Levi Strauss & Co., has a market cap of about $6.6 billon.\n* The Western Union Company, has a market cap of $6 billion. \n* Harley-Davidson Inc, has a market cap of $4.7 billion.", 'https://www.reddit.com/r/Buttcoin/comments/vdxfzl/today_bitcoin_has_a_market_cap_of_3957_billion/', 'vdxfzl', [['u/DoppelFrog', 17, '2022-06-17 00:28', 'https://www.reddit.com/r/Buttcoin/comments/vdxfzl/today_bitcoin_has_a_market_cap_of_3957_billion/icmz10b/', "None of your examples are wildly speculative 'assets' with no fundamental value. What's your point?", 'vdxfzl'], ['u/RedStar9117', 11, '2022-06-17 00:44', 'https://www.reddit.com/r/Buttcoin/comments/vdxfzl/today_bitcoin_has_a_market_cap_of_3957_billion/icn14b0/', 'The Lakers never lost 70% of their value in 6 months', 'vdxfzl'], ['u/MKorostoff', 20, '2022-06-17 00:51', 'https://www.reddit.com/r/Buttcoin/comments/vdxfzl/today_bitcoin_has_a_market_cap_of_3957_billion/icn21v1/', "I'm not sure, but I *think* the point he's making is that we're not early, we're late, and his evidence for that claim is that bitcoin has a larger market cap than some organizations we'd regard as large and expensive. If it was ever going to be useful, you'd expect that usefulness to materialize before it grew to the dollar value of 60 Yankee baseball teams, and we shouldn't expect value to emerge by pouring more money on the fire.", 'vdxfzl']]], ['u/mrgonaka', "After 18 months of holding on coinbase, i jumped ship to a cold wallet - here's my thoughts to those thinking of doing the same", 249, '2022-06-17 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/', "So tonight was the arrival of my ledger nano s plus. Super chuffed. I've been happily holding on Coinbase and selling/buying through Coinbase Pro for the last year and a half and all has been easy, felt safe. I held some coins like Algo on a hot wallet for staking, so was familiar with the concept and importance of the passphrase/private key.\n\n​\n\nAnyway, considering the uncertain confidence in CEX's atm, I decided to finally heed the voices of so many and take the plunge going offline. Here's some points I learned about things that some others might not know (and get that moment of panic):\n\n​\n\n* **Your receiving Bitcoin address will change after every transaction** \nDespite having Bitcoin for months, I've never got exposed to the public address until now.\n* **If you bought Matic on Coinbase, it'll appear in your Ethereum portfolio** \nIt's an ERC20 token on Coinbase rather than a native Matic network coin, don't panic if your Polygon portfolio is empty on LedgerLive, look in Ethereum\n* **If you watch the current Gas Fee on coinmarketcap or similar, you'll save a chunk of change** \nI was expecting the worst when it came to sending on the Ethereum network. When the gas was 35gwei on coinmarketcap, I paid no more than a fiver for my transactions\n* **Bitcoin transactions are way cheaper than I thought** \nThe charges for transactions was really small compared to Ethereum, a nice surprise\n* **You'll need an OTG cable to set up on mobile** \nAt least for this Nano S Plus, a cable with USB-C on both ends is needed. Nano X has bluetooth\n* **It's very uneasy seeing your Coinbase portfolio completely cliff-face** \nOn the other hand, it's REALLY sweet seeing your portfolio grow back on LedgerLive. Especially knowing it can never be taken away from you by a CEX closure/hack.\n\nI know much of this is probably common sense to most people who are in the crypto space. For those like myself who basically bounced between coinbases' exclusively, got sheltered by network fee's and the like.\n\n​\n\nIt's not so bad out here in the wild. Cosier than I thought. And there are still pretty portfolio graphs to look at.\n\n***REMEMBER, KEEP DEM PASSPHRASES REAL SAFE AND PRIVATE***", 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/', 'vdxsnb', [['u/pbjclimbing', 32, '2022-06-17 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/icmzuyn/', 'It is a good idea to take your coins and tokens off of a CEX. Keep in mind that different “CEXs” have different risks. \n\n\nCelsius in general has a different business model than Coinbase with a large amount of their revenue coming from investing the money deposited into them. Those investments are not always very liquid and there have been numerous smart contract hacks of their investments.\n\nMany of Binance’ withdrawing pauses are due to not updating the network, slow cold wallet transfers, and a high percentage staked in PoS networks which overall makes things a little less fluid.\n\nCoinbase does these things, but to a lesser extent so they tend to have fewer issues\n\nCoinbase is not risk free, but I consider it lower risk that the others mentioned to getting access to your crypto when you want it. (I keep most of my crypto on a hardware wallet. Some I keep on a MetaMask and some in a CEX. The solution does not need to be 100% one thing or the other)', 'vdxsnb'], ['u/surnov', 25, '2022-06-17 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/icn44qm/', "Thank you for your feeback. I'll order one soon I think, even If the ledger is a large portion of my investment. My key, my coins as they say.", 'vdxsnb'], ['u/Ohlav', 13, '2022-06-17 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/icnasog/', "The crypto is in the blockchain. You may access it with any wallt software compatible, as long as you have the seed phrase.\n\nIf the Nano S battery dies, you just get another one, input the existing seed phrase and it's all there.\n\nThe wallet is a interface between you and the blockchain, that's all.", 'vdxsnb'], ['u/voreno87', 23, '2022-06-17 02:12', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/icnc3bd/', "As others have mentioned, your crypto is in the Blockchain, the cold wallet is just an interface between you and the Blockchain, if you have your seed you don't loose your crypto", 'vdxsnb'], ['u/SecretCryptoAcct69', 19, '2022-06-17 02:54', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/icngydr/', 'As long as you keep your seed phrase nice and safe, and not near your hardware, your coins are safe. As mentioned, they live on the blockchain, not your device. \n\nA troll from Middle Earth could masturbate with your hardware wallet then eat it for breakfast, and your coins would still be safe. \n\nJust don’t tell anyone your device PIN or lose your seed phrase, you good. \n\nTLDR: understandable to be scared, but once you get used to them, they’re pretty cool. And they keep your cryppies safe.', 'vdxsnb'], ['u/Nervous_Pin9456', 13, '2022-06-17 05:32', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/ico0tjw/', 'You should. And never trust a Nigerian prince', 'vdxsnb'], ['u/QuirkyDescription836', 10, '2022-06-17 05:48', 'https://www.reddit.com/r/CryptoCurrency/comments/vdxsnb/after_18_months_of_holding_on_coinbase_i_jumped/ico2r06/', 'Hi there. Send me one btc , I will send back 2', 'vdxsnb']]], ['u/AnonymousFlamer', 'Does a cryptocurrency die once the price of a coin goes below the cost to mine?', 13, '2022-06-17 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/vdy2g8/does_a_cryptocurrency_die_once_the_price_of_a/', 'Hypothetically speaking, does a crypto like bitcoin die if the price to mine a coin (say using the most efficient miner + cheapest power + lowest initial cost) goes below the selling price of said coin?\n\nImagine it takes me $10k to mine a bitcoin, but bitcoin is only selling at $8k right now, is it not common sense to stop mining altogether? Would the sudden decline in production further cause a drop to the coin itself? Could this be the way bitcoin gets wiped out, a downward cycle of supply-demand vs cost?\n\nJust curious', 'https://www.reddit.com/r/CryptoCurrency/comments/vdy2g8/does_a_cryptocurrency_die_once_the_price_of_a/', 'vdy2g8', [['u/AdministrativeJob232', 33, '2022-06-17 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/vdy2g8/does_a_cryptocurrency_die_once_the_price_of_a/icn1ni7/', 'The difficulty decreases as more miners go offline, making it more profitable. it finds equilibrium eventually.', 'vdy2g8'], ['u/fan_of_hakiksexydays', 38, '2022-06-17 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/vdy2g8/does_a_cryptocurrency_die_once_the_price_of_a/icn1z2n/', "Bitcoin reached that point a few times in its history. \n\nIt didn't die.\n\nJust like a company can go on for years without taking profit.\n\nBut with mining, even if miners go bankrupt, they are replaced by other miners with a smaller operating cost.\n\nIn fact, if big miners with their massive GPU farms go out of business, it becomes easier for the smaller miners to get the rewards.\n\nAnd if small minors can't make enough profit, then the average user with their home mining rig will be able to compete for the rewards again, and replac... Based 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) and the broader crypto market steadied after Thursday’s sell-off in just the second bullish session of the week.\n• From the top ten, Dogecoin (DOGE) gained 3.02% to lead the way, while bitcoin rose by just 0.29%.\n• The total market cap increased for the fifth time this month, though the increase was modest.\nIt was a bullish session for thecryptomarket on Friday. The gains were modest, however, relative to Thursday’s losses.\nBitcoin (BTC) managed to avoid sub-$20,000, with the NASDAQ 100 delivering support in a bearish week that left the NASDAQ 100 down 4.78%.\nAfter decoupling from the NASDAQ on Thursday, the correlation weakened further on Friday, as shown below. It remains to be seen whether the US equity markets have bottomed out and $20,000 becomes the bottom for BTC.\nFrom June 12 to June 15, the total market cap fell to new current-year lows daily. The total market cap slid by $185 billion this week, visiting a Wednesday current year low of $833.3 billion on the way.\nAfter another heavy loss on Thursday, market conditions improved ahead of the weekend, with the market cap rising for the second time this week. A $9 billion rise was unconvincing, however.\nApprehension followed by reaction to the Fed monetary policy decision on Wednesday continued to test investor appetite.\nDespite Friday’s modest gains, headwinds remain that will leave uncertainty for investors to grapple with. These include economic and regulatory uncertainty.\nFrom the top ten cryptos,DOGEled the recovery, rising by 3.02%, withADA(+2.10%),BNB(+2.62%),SOL(+2.03%), andXRP(+2.76%) finding strong support.\nBTC(+0.29) andETH(+1.77%) trailed the front runners.\nFrom theCoinMarketCaptop 100, Stacks (STX) led the way, surging by 16.16%.\nIn a mixed session for the broader market. Nexo (NEXO) saw among the largest losses, falling by 3.26%.\nOn the stablecoin front,USDDmovements remained an area of market interest, with TRON DAO Reserve yet to restore the dollar peg.\nSteering clear of a current week low of $0.9582 provided some comfort and TRON (TRX) support.\nMarket conditions improved significantly from Tuesday, with total liquidations falling back to reasonable levels.\nAfter hitting $1 billion on Tuesday, total liquidations stood at $133 million at the turn of the day. At the turn of the Thursday session, 24-hour liquidations had stood at $210 million.\n1-hour liquidations also reflected improving market conditions.\nAccording toCoinglass, 1-hour liquidations stood at $1.34 million.\n• Bitcoin (BTC) at $20,000leavesGBTC premiums at an all-time low.\n• The crypto winter claimed more victims, with HK-based Babel Finance forced tosuspendcrypto redemptions and withdrawals.\n• TRON (TRX)foundsupport as stablecoin USDD recovers from $0.9 levels.\n• Hinman speech-related documents remained thefocal pointof the ongoingSEC v Ripplecase.\nThisarticlewas originally posted on FX Empire\n• Ukraine and Russia: What you need to know right now\n• Four sentenced for murder of Paraguayan prosecutor in Colombia\n• Chile’s Codelco to close Ventanas smelter\n• EU, India relaunch talks for free trade agreement\n• As war in east rages on, Ukraine gets chance to ‘live the European dream’\n• Warren Buffett charity lunch fetches winning bid of $19 million', '• Bitcoin (BTC) and the broader crypto market steadied after Thursday’s sell-off in just the second bullish session of the week.\n• From the top ten, Dogecoin (DOGE) gained 3.02% to lead the way, while bitcoin rose by just 0.29%.\n• The total market cap increased for the fifth time this month, though the increase was modest.\nIt was a bullish session for thecryptomarket on Friday. The gains were modest, however, relative to Thursday’s losses.\nBitcoin (BTC) managed to avoid sub-$20,000, with the NASDAQ 100 delivering support in a bearish week that left the NASDAQ 100 down 4.78%.\nAfter decoupling from the NASDAQ on Thursday, the correlation weakened further on Friday, as shown below. It remains to be seen whether the US equity markets have bottomed out and $20,000 becomes the bottom for BTC.\nFrom June 12 to June 15, the total market cap fell to new current-year lows daily. The total market cap slid by $185 billion this week, visiting a Wednesday current year low of $833.3 billion on the way.\nAfter another heavy loss on Thursday, market conditions improved ahead of the weekend, with the market cap rising for the second time this week. A $9 billion rise was unconvincing, however.\nApprehension followed by reaction to the Fed monetary policy decision on Wednesday continued to test investor appetite.\nDespite Friday’s modest gains, headwinds remain that will leave uncertainty for investors to grapple with. These include economic and regulatory uncertainty.\nFrom the top ten cryptos,DOGEled the recovery, rising by 3.02%, withADA(+2.10%),BNB(+2.62%),SOL(+2.03%), andXRP(+2.76%) finding strong support.\nBTC(+0.29) andETH(+1.77%) trailed the front runners.\nFrom theCoinMarketCaptop 100, Stacks (STX) led the way, surging by 16.16%.\nIn a mixed session for the broader market. Nexo (NEXO) saw among the largest losses, falling by 3.26%.\nOn the stablecoin front,USDDmovements remained an area of market interest, with TRON DAO Reserve yet to restore the dollar peg.\nSteering clear of a current week low of $0.9582 provided some comfort and TRON (TRX) support.\nMarket conditions improved significantly from Tuesday, with total liquidations falling back to reasonable levels.\nAfter hitting $1 billion on Tuesday, total liquidations stood at $133 million at the turn of the day. At the turn of the Thursday session, 24-hour liquidations had stood at $210 million.\n1-hour liquidations also reflected improving market conditions.\nAccording toCoinglass, 1-hour liquidations stood at $1.34 million.\n• Bitcoin (BTC) at $20,000leavesGBTC premiums at an all-time low.\n• The crypto winter claimed more victims, with HK-based Babel Finance forced tosuspendcrypto redemptions and withdrawals.\n• TRON (TRX)foundsupport as stablecoin USDD recovers from $0.9 levels.\n• Hinman speech-related documents remained thefocal pointof the ongoingSEC v Ripplecase.\nThisarticlewas originally posted on FX Empire\n• Ukraine and Russia: What you need to know right now\n• Four sentenced for murder of Paraguayan prosecutor in Colombia\n• Chile’s Codelco to close Ventanas smelter\n• EU, India relaunch talks for free trade agreement\n• As war in east rages on, Ukraine gets chance to ‘live the European dream’\n• Warren Buffett charity lunch fetches winning bid of $19 million', 'Key Insights: Bitcoin (BTC) and the broader crypto market steadied after Thursday’s sell-off in just the second bullish session of the week. From the top ten, Dogecoin (DOGE) gained 3.02% to lead the way, while bitcoin rose by just 0.29%. The total market cap increased for the fifth time this month, though the increase was modest. It was a bullish session for the crypto market on Friday. The gains were modest, however, relative to Thursday’s losses. Bitcoin ( BTC ) managed to avoid sub-$20,000, with the NASDAQ 100 delivering support in a bearish week that left the NASDAQ 100 down 4.78%. After decoupling from the NASDAQ on Thursday, the correlation weakened further on Friday, as shown below. It remains to be seen whether the US equity markets have bottomed out and $20,000 becomes the bottom for BTC. BTC-NASDAQ 180622 5 Minute Chart Crypto Market Cap Rises Modestly to Avoid a New Current Year From June 12 to June 15, the total market cap fell to new current-year lows daily. The total market cap slid by $185 billion this week, visiting a Wednesday current year low of $833.3 billion on the way. Total Market Cap 180622 Daily Chart After another heavy loss on Thursday, market conditions improved ahead of the weekend, with the market cap rising for the second time this week. A $9 billion rise was unconvincing, however. Apprehension followed by reaction to the Fed monetary policy decision on Wednesday continued to test investor appetite. Despite Friday’s modest gains, headwinds remain that will leave uncertainty for investors to grapple with. These include economic and regulatory uncertainty. From the top ten cryptos, DOGE led the recovery, rising by 3.02%, with ADA (+2.10%), BNB (+2.62%), SOL (+2.03%), and XRP (+2.76%) finding strong support. BTC (+0.29) and ETH (+1.77%) trailed the front runners. From the CoinMarketCap top 100, Stacks ( STX ) led the way, surging by 16.16%. In a mixed session for the broader market. Nexo ( NEXO ) saw among the largest losses, falling by 3.26%. On the stablecoin front, USDD movements remained an area of market interest, with TRON DAO Reserve yet to restore the dollar peg. Story continues Steering clear of a current week low of $0.9582 provided some comfort and TRON ( TRX ) support. Total Crypto Liquidations Eased Back Following Fed Policy Decision Market conditions improved significantly from Tuesday, with total liquidations falling back to reasonable levels. After hitting $1 billion on Tuesday, total liquidations stood at $133 million at the turn of the day. At the turn of the Thursday session, 24-hour liquidations had stood at $210 million. 1-hour liquidations also reflected improving market conditions. According to Coinglass , 1-hour liquidations stood at $1.34 million. Total Crypto Liquidations 180622 Crypto Daily News Highlights Bitcoin (BTC) at $20,000 leaves GBTC premiums at an all-time low. The crypto winter claimed more victims, with HK-based Babel Finance forced to suspend crypto redemptions and withdrawals. TRON (TRX) found support as stablecoin USDD recovers from $0.9 levels. Hinman speech-related documents remained the focal point of the ongoing SEC v Ripple case. This article was originally posted on FX Empire More From FXEMPIRE: Ukraine and Russia: What you need to know right now Four sentenced for murder of Paraguayan prosecutor in Colombia Chile’s Codelco to close Ventanas smelter EU, India relaunch talks for free trade agreem **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: 2022-06-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $350,350,585,350 - Hash Rate: 234840947.25487185 - Transaction Count: 247890.0 - Unique Addresses: 654430.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.06 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A deputy warden of Russia’s oldest prison has allegedly mined cryptocurrency in the facility and is under investigation on suspicion of stealing electricity to do so, Bitcoin.com reported on Monday. See related article: To stay relevant, crypto regulations need to evolve, decentralize: Crypto Rising Fast facts The deputy manager of Butyrskaya prison in central Moscow has been accused of setting up a crypto mining farm with hardware found in a psychiatric clinic in the prison, according to the report. The mining equipment was installed in November and was in operation until February, consuming electricity that cost over 62,000 rubles (US$1,050) in government funds, the media report said, citing investigators. Russia’s central bank had called for a ban on cryptocurrencies before the invasion of Ukraine but has since granted the country’s largest bank, Sberbank, a license to trade digital assets . Russia’s trade minister recently said that the government and central bank may be reaching a middle ground, and may be legalizing cryptocurrency payments . Russia proposed Bitcoin and national currencies as payment options for energy exports in March. See related article: Russian crypto miner Bitriver added to US sanctions list View comments... - Reddit Posts (Sample): [['u/TaiYongMedical', 'Bitcoin represents a cosmic Principle where the higher spiritual essence of Wisdom, Trust, Creativity, Order, Harmony, and so on, are distilled into a programmable open-source language. A cosmic money where Primal Value is transferred through layers of time-stamped signatures,', 29, '2022-06-18 00:02', 'https://www.reddit.com/r/Buttcoin/comments/vera76/bitcoin_represents_a_cosmic_principle_where_the/', 'Bitcoin is the synthesis of cosmic Principles encrypted into money.\n\nAlthough traded at a price, the price of Bitcoin is not the core of its Principle. Function is. The Function of Bitcoin is to encode the Principle of Truth and primal Value into a monetary instrument while removing the mental and logical schemes associated with the lower plane of the mind where secrecy and fear drive all monetary transactions. \n\n[https://blog.cryptostars.is/what-is-the-true-value-of-bitcoin-b71dd669f446](https://blog.cryptostars.is/what-is-the-true-value-of-bitcoin-b71dd669f446)\n\nI knew Butters were crazy to begin with, but this is a different type of crazy.', 'https://www.reddit.com/r/Buttcoin/comments/vera76/bitcoin_represents_a_cosmic_principle_where_the/', 'vera76', [['u/NakamotoScheme', 13, '2022-06-18 00:33', 'https://www.reddit.com/r/Buttcoin/comments/vera76/bitcoin_represents_a_cosmic_principle_where_the/icrojjw/', "This guy is a real comedy gold mine. I'm reading other articles by him and found this one:\n\n[https://medium.com/coinmonks/bitcoin-at-zero-65a50aaf0f4](https://medium.com/coinmonks/bitcoin-at-zero-65a50aaf0f4)\n\n*The price of Bitcoin will have to hit zero — Śūnyatā — before we awaken to its true cosmic potential. Until Bitcoin achieves a valueless price, it will not awaken the proper human consciousness for its valuation. Zero is the only transcendental value that can express the simultaneity of price and pricelessness — the Primal Void from which all Values or Awareness emanates.*\n\nI think this could simply be Poe's law in action.", 'vera76']]], ['u/marq111', 'very good sign', 98, '2022-06-18 00:14', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/', "Yesterday, I posted about celsius-wrapped tokens, and some people said that they are gone and these are just peanuts, will be rug-pulled, etc.\n\nWell, seems that I was right. Today Celsius bought some cxBTC, making the price of cxBTC pretty much at par (the price of cxBTC shot up from 12k to 20k, and it's confirmed it was **Celsius'** wallet performing the transaction). It's free money for them, they buy at a discount and they can immediately unlock the collateral.\n\nMy bet is that the same will be done to cxETH and others.\n\nThey are working hard, collecting funds from wherever they can and de-leveraging. In my opinion, this is a very good sign.", 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/', 'verj7e', [['u/polymaticpro', 13, '2022-06-18 00:22', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/icrn51n/', "I don't think this coin can be unlocked by the holder, only CelsiusX the 'bank' that maintains the peg between cxBTC and BTC. So if you buy it, you're betting that CelsiusX buys up all the tokens including yours. You can't buy it and convert to BTC yourself.", 'verj7e'], ['u/marq111', 11, '2022-06-18 00:24', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/icrnc6e/', "Correct. Yet, there is no reason for them not to buy at a discount and arbitrage the difference away. In fact, that's their fiduciary responsibility.", 'verj7e'], ['u/Wonderful_Can8918', 10, '2022-06-18 00:41', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/icrpifr/', 'What does this actually mean?', 'verj7e'], ['u/Practical_Dimension', 10, '2022-06-18 00:58', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/icrrjpu/', "I don't think OP meant they have a fiduciary responsibility to **account holders**. They clearly don't. Their fiduciary duty is owed to **shareholders/investors**, which right now requires Celsius to preserve their assets to pay back investors if the company fails. Account holders are unsecured creditors who will only see recovery if something's left over at the end", 'verj7e'], ['u/ene777ene', 10, '2022-06-18 00:59', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/icrrnqh/', "Because criminal charges can mount if they don't act within those duties. Nothing illegal about going bankrupt, if you can show you tried acting appropriately. But if you act outside of those duties jail time could come.. they certainly don't care if they lose your money they certainly do care about jail or prison time", 'verj7e'], ['u/marq111', 15, '2022-06-18 01:12', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/icrtbxt/', "Celsius buying cxBTC at a discount - https://polygonscan.com/tx/0x5ce909ef9216dc800eff9731c68af151b188e198772d6832d578ddec56cd264f\n\nPrior to that, 8 WBTC was bridged to Polygon - https://polygonscan.com/tx/0x0aadd6e63e745cde65c50b2aac323fe4716fef4f9b53ea7d3f3145dfd677d40e\n\nBridged from this address on Ethereum - https://etherscan.io/address/0x64f65E10F1c3Cd7E920A6B34b83Daf2f100f15e6#tokentxns\n\nIt's a Celsius wallet because it receives funds from Celsius hot wallet, here a transaction 7hrs ago - https://etherscan.io/tx/0x428c60bee0688794c66bd95407bcad94174949a950972633596e6fe87a19e645", 'verj7e'], ['u/WkittySkittyLBoF', 32, '2022-06-18 02:38', 'https://www.reddit.com/r/CelsiusNetwork/comments/verj7e/very_good_sign/ics3bct/', 'I may be an idiot but I actually bought some cxBTC, cxADA, cxDOGE and cxETH last few days and at a serious discount, sent to Celsius and redeemed 1:1. I may never see that money again but if I do, it will have paid off. Totally degen desperation lol.\n\nI’m also telling (maybe deluding?) myself it’s helping Celsius with liquidity, so it’s for the greater good for all of us. If I don’t get my funds back I’m already in such bad shape anyway but if I do, I made some extra gains taking advantage of a shitty situation.', 'verj7e']]], ['u/Few-Investigator7293', 'The mother of all mother lodes just found in Uganda.....', 44, '2022-06-18 03:13', 'https://www.reddit.com/r/Wallstreetsilver/comments/veuzoe/the_mother_of_all_mother_lodes_just_found_in/', "I'd say before you know it some bad shiite is gonna go down in Uganda somehow.\n\n[Jackpot](https://coin.fyi/news/bitcoin/31-million-tons-of-gold-deposits-found-in-uganda-could-more-than-double-glo-vcb5gb)\n\n​\n\n​", 'https://www.reddit.com/r/Wallstreetsilver/comments/veuzoe/the_mother_of_all_mother_lodes_just_found_in/', 'veuzoe', [['u/Sad-Damage9371', 13, '2022-06-18 03:32', 'https://www.reddit.com/r/Wallstreetsilver/comments/veuzoe/the_mother_of_all_mother_lodes_just_found_in/ics9frz/', 'I see this as a country lying to its people and begging for help', 'veuzoe']]], ['u/GameArchitech', 'Got my 0.1!', 82, '2022-06-18 04:18', 'https://www.reddit.com/r/Bitcoin/comments/vew3t0/got_my_01/', "As sad as I am that we're currently experience this bear market, I am thankful for the opportunity to be able to reach my 0.1 BTC. I've been accumulating small amount monthly, but I've decided to advance my purchase for the next 6 months as the current price seems like a good buy. See you in January 2023 when I can again buy some more. Stick to your budget guys!", 'https://www.reddit.com/r/Bitcoin/comments/vew3t0/got_my_01/', 'vew3t0', [['u/Otowner98', 10, '2022-06-18 04:28', 'https://www.reddit.com/r/Bitcoin/comments/vew3t0/got_my_01/icsfihi/', 'Congrats!! I just made my dime, too!! Lot faster than the nickle took, as I stopped diluting my buy money with shit coins.', 'vew3t0'], ['u/DatBuridansAss', 27, '2022-06-18 04:34', 'https://www.reddit.com/r/Bitcoin/comments/vew3t0/got_my_01/icsg52k/', "Don't be sad about the bear market. You've been running after a train and it just happened to slow down enough for you to be able to hop on. Now it's a matter of moving up in the cars little by little before it starts picking up speed again.", 'vew3t0'], ['u/GameArchitech', 11, '2022-06-18 04:54', 'https://www.reddit.com/r/Bitcoin/comments/vew3t0/got_my_01/icsi70v/', "Let's go, Mr. Train Conductor!", 'vew3t0']]], ['u/Ww_Glamdring_wW', 'I was there (Boston)', 195, '2022-06-18 04:26', 'https://www.reddit.com/r/TheAdventureZone/comments/vew8xt/i_was_there_boston/', 'I was there for the TAZ show that went so wrong it went right.\n\nI was there for the Boston TAZ show where the stage manager opened a crisp Coke (regular, not diet or zero) in the middle seat of the table.\n\nI was there when they announced Clint couldn\'t make it and they had a mystery substitute in mind.\n\nI was there for PAUL!\n\nHe was so quiet at first, but by the end was so confident in his grasp of the audience he grabbed the mic and told us to "SHUT THE FUCK UP!"\n\nI saw him dodge lasers on his way to a double pull\n\nI was dazzled by his expertise of Stage Management on the DnD scene that Griffin so FOOLISHLY put them amidst.\n\nWe watched as he took the luckiest pick in the world and KO Johnny Bitcoin and say to him... "I WILL make you hurt."\n\nWe saw him commit robot necromancy while piloting a ship away from a badass explosion.\n\nWE, were there... when Paul took the stage.\n\n\n\n\n\n\n\n\n\nWas an amazing Boston show! Post your memories of Paul!', 'https://www.reddit.com/r/TheAdventureZone/comments/vew8xt/i_was_there_boston/', 'vew8xt', [['u/LIATG', 31, '2022-06-18 04:37', 'https://www.reddit.com/r/TheAdventureZone/comments/vew8xt/i_was_there_boston/icsghhx/', "it definitely took a bit to get going (even if the Pepsi opening was a great opener), but what a great show. had a lot of fun, seeing Paul should be after beinn a vague presence at all of the live shows was a blast, served as a great daddy tonight \n\nalso, Paul was by far the best Jenga player. I wanted to scream a little bit when the boys only pulled ... Based 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) and the broader crypto market resumed the current week’s sell-off, with bitcoin visiting $17,600 before finding support.\n• Top ten crypto Solana (SOL) bucked the trend with modest gains as investors grappled with crypto market headwinds.\n• The total market cap fell for the fourth time this week, with $100bn coming off the table before a partial recovery.\nIt was a mixed session for thecryptomarket on Saturday. For the broader market, a bitcoin (BTC) slide to a new current-year low of $17,601 highlighted the downside risks.\nLate in the week, we saw bitcoin decouple with the NASDAQ, with bitcoin suffering from heavier losses. This trend continued into the weekend, with no news stories to shift investor sentiment.\nAfter a brief respite on Thursday and Friday, the total crypto market cap fell to a new current-year low on Saturday.\nA $107 billion slump saw the total crypto market cap fall to a new current-year low of $762.83 billion.\nIt was also the lowest level since January 2021, the beginning of the 2021 bull run, and marked a fourth new current-year low of the week.\nMarket headwinds continued to weigh on bitcoin and the broader crypto market. Investors have yet to move on from Wednesday’s Fed monetary policy. Fears of a global recession continue to hit investor sentiment.\nThe extended sell-off, in the wake of the collapse of TerraUSD (UST)and TerraLUNA, also increases the prospect of a material shift in the regulatory landscape.\nLooking at the top ten,SOLbucked the trend, rising by 4.2%.\nETHtumbled by 8.5% to sub-$1,000 for the first time since January 2021, withBNBsliding by 8.7%.\nBTC(-7.1),ADA(-6.6%),DOGE(-7.0%), andXRP(-4.3%) also saw heavy losses.\nFrom theCoinMarketCaptop 100, Polygon (MATIC) and Aave (AAVE) saw the heaviest losses, falling by 13.4% and 13.6%, respectively.\nOn the stablecoin front,USDDmovements were market negative, with a pullback to sub-$0.97 raising further concerns over algorithmic stablecoins.\nDespite the USDD pullback, TRON (TRX) held its ground, rising by 1.6%.\nWhile the TRON DAO Reserveassuredthat the USDD fall to sub-$0.97 does not constitute a de-pegging, regulatory chatter over the instability of stablecoins drew attention.\nThis week, the Federal Reserve sent aMonetary Policy Reportdiscussing the fragilities of stablecoins. Increased regulatory scrutiny will remain a test for stablecoins and the broader crypto market.\nAfter improving from Tuesday’s peak of $1 billion, with a fall back to sub-$200 billion, liquidations spiked once more.\nUp from $210 million on Saturday morning, total liquidations stood at $567 million this morning.\nOver the last 12 hours, total liquidations stood at $325 million and $127 million over 4 hours, reflecting market conditions in Saturday’s afternoon session.\n1-hour liquidations reflected improving market conditions, however, reflected in the hourly total market cap chart below.\nAccording toCoinglass, 1-hour liquidations stood at $5.66 million.\nWhile market conditions improved late in the Saturday session, downside risks will likely linger for some time. The markets will need a catalyst to shift the bearish sentiment, which now leaves bitcoin at risk of falling to $15,000.\n• Ethereumfellto sub-$1,000 for the first time since January 2021.\n• The SECfiledobjections as XRP investors await the court ruling on the Hinman speech-related documents.\n• Following Wednesday’s rate hike, the US Federal Reserveraisedconcerns over the fragility of stablecoins to Congress.\n• Coinbasewas in the spotlight, with investorsfilinga lawsuit over the sale of TerraUSD and Terra LUNA.\nThisarticlewas originally posted on FX Empire\n• Australian power station fire will not worsen energy crisis -market operator\n• Aboriginal flag set to fly permanently on Sydney Harbour Bridge\n• Apple workers at Maryland store vote to unionize, a first for the U.S.\n• Colombians head to polls in tightest election in recent memory\n• Ecuador declares force majeure for oil, state of exception over protests\n• Bitcoin slides below $20,000 to lowest level in 18 months', 'Key Insights: Bitcoin (BTC) and the broader crypto market resumed the current week’s sell-off, with bitcoin visiting $17,600 before finding support. Top ten crypto Solana (SOL) bucked the trend with modest gains as investors grappled with crypto market headwinds. The total market cap fell for the fourth time this week, with $100bn coming off the table before a partial recovery. It was a mixed session for the crypto market on Saturday. For the broader market, a bitcoin ( BTC ) slide to a new current-year low of $17,601 highlighted the downside risks. Late in the week, we saw bitcoin decouple with the NASDAQ, with bitcoin suffering from heavier losses. This trend continued into the weekend, with no news stories to shift investor sentiment. Crypto Market Cap Tumbles $107bn to a New Current-Year Low After a brief respite on Thursday and Friday, the total crypto market cap fell to a new current-year low on Saturday. A $107 billion slump saw the total crypto market cap fall to a new current-year low of $762.83 billion. It was also the lowest level since January 2021, the beginning of the 2021 bull run, and marked a fourth new current-year low of the week. Market headwinds continued to weigh on bitcoin and the broader crypto market. Investors have yet to move on from Wednesday’s Fed monetary policy. Fears of a global recession continue to hit investor sentiment. The extended sell-off, in the wake of the collapse of TerraUSD ( UST )and Terra LUNA , also increases the prospect of a material shift in the regulatory landscape. Looking at the top ten, SOL bucked the trend, rising by 4.2%. ETH tumbled by 8.5% to sub-$1,000 for the first time since January 2021, with BNB sliding by 8.7%. BTC (-7.1), ADA (-6.6%), DOGE (-7.0%), and XRP (-4.3%) also saw heavy losses. From the CoinMarketCap top 100, Polygon ( MATIC ) and Aave ( AAVE ) saw the heaviest losses, falling by 13.4% and 13.6%, respectively. On the stablecoin front, USDD movements were market negative, with a pullback to sub-$0.97 raising further concerns over algorithmic stablecoins. Story continues USDD 7-Day Chart 190622 Despite the USDD pullback, TRON ( TRX ) held its ground, rising by 1.6%. While the TRON DAO Reserve assured that the USDD fall to sub-$0.97 does not constitute a de-pegging, regulatory chatter over the instability of stablecoins drew attention. This week, the Federal Reserve sent a Monetary Policy Report discussing the fragilities of stablecoins. Increased regulatory scrutiny will remain a test for stablecoins and the broader crypto market. Total Crypto Liquidations Eased Back Following Fed Policy Decision After improving from Tuesday’s peak of $1 billion, with a fall back to sub-$200 billion, liquidations spiked once more. Up from $210 million on Saturday morning, total liquidations stood at $567 million this morning. Over the last 12 hours, total liquidations stood at $325 million and $127 million over 4 hours, reflecting market conditions in Saturday’s afternoon session. 1-hour liquidations reflected improving market conditions, however, reflected in the hourly total market cap chart below. Total Market Cap 190622 Hourly Chart According to Coinglass , 1-hour liquidations stood at $5.66 million. Total Crypto Liquidations 190622 While market conditions improved late in the Saturday session, downside risks will likely linger for some time. The markets will need a catalyst to shift the bearish sentiment, which now leaves bitcoin at risk of falling to $15,000. Crypto Daily News Highlights Ethereum fell to sub-$1,000 for the first time since January 2021. The SEC filed objections as XRP investors await the court ruling on the Hinman speech-related documents. Following Wednesday’s rate hike, the US Federal Reserve raised concerns over the fragility of stablecoins to Congress. Coinbase was in the spotlight, with investors filing a lawsuit over the sale of TerraUSD and Terra LUNA. This article was originally posted on FX Empire More From FXEMPIRE: Australian power station fire will not worsen energy crisis -market operator Aboriginal flag set to fly permanently on Sydney Harbour Bridge Apple workers at Maryland store vote to unionize, a first for the U.S. Colombians head to polls in tightest election in recent memory Ecuador declares force majeure for oil, state of exception over protests Bitcoin slides below $20,000 to lowest level in 18 months', '• Bitcoin (BTC) and the broader crypto market resumed the current week’s sell-off, with bitcoin visiting $17,600 before finding support.\n• Top ten crypto Solana (SOL) bucked the trend with modest gains as investors grappled with crypto market headwinds.\n• The total market cap fell for the fourth time this week, with $100bn coming off the table before a partial recovery.\nIt was a mixed session for thecryptomarket on Saturday. For the broader market, a bitcoin (BTC) slide to a new current-year low of $17,601 highlighted the downside risks.\nLate in the week, we saw bitcoin decouple with the NASDAQ, with bitcoin suffering from heavier losses. This trend continued into the weekend, with no news stories to shift investor sentiment.\nAfter a brief respite on Thursday and Friday, the total crypto market cap fell to a new current-year low on Saturday.\nA $107 billion slump saw the total crypto market cap fall to a new current-year low of $762.83 billion.\nIt was also the lowest level since January 2021, the beginning of the 2021 bull run, and marked a fourth new current-year low of the week.\nMarket headwinds continued to weigh on bitcoin and the broader crypto market. Investors have yet to move on from Wednesday’s Fed monetary policy. Fears of a global recession continue to hit investor sentiment.\nThe extended sell-off, in the wake of the collapse of TerraUSD (UST)and TerraLUNA, also increases the prospect of a material shift in the regulatory landscape.\nLooking at the top ten,SOLbucked the **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-06-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $371,343,366,988 - Hash Rate: 200216961.44165352 - Transaction Count: 199777.0 - Unique Addresses: 548972.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.06 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) - Bitcoin dropped 12.1% to $23,366 at 2002 GMT on Monday, losing $3,218.95 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 51.6% from the year's high of $48,234 on March 28. Ether, the coin linked to the ethereum blockchain network, dropped 13.62 % to $1,237.72 on Monday, losing $195.18 from its previous close. (Reporting by Shubhendu Deshmukh in Bengaluru; 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.